Money

After security breach costs, Equifax clears Q3 with $96M profit

After security breach costs, Equifax clears Q3 with $96M profit Equifax has not said how much cash it intends to set aside to cover legal costs. Total operating expenses rose 15 percent from a year earlier to $681.9 million. Equifax executives are scheduled to take questions from analysts during a conference call on Friday at 8:30 a.m.in NY. Equifax also said it has halted a share buyback program. [Full Article...]

China's Biggest Shopping Event: What Is Singles Day?

China's Biggest Shopping Event: What Is Singles Day? If you're not excited about Singles Day, we're here to tell you why you should be. In two minutes of sales time, Alibaba's gross merchandise volume totaled $1 billion. Singles Day is a holiday in China , in which unmarried men and women celebrate their single lifestyle. In 2009, Alibaba made a decision to turn Singles Days into a cybershopping event along the lines of Black Friday in the Unit... [Full Article...]

BT shares lower as regulator unveils automatic compensation plan

BT shares lower as regulator unveils automatic compensation plan Under the new rules , if repairs to service are delayed following an outage, customers will get £8 for every calendar day on which the service is not repaired, after two full working days. But by 2019, United Kingdom customers can expect timely fixes for the broadband ... or automatic money back in their accounts. Although Ofcom notes that implementing this automatic process is a fair under... [Full Article...]

SBI's results signal Indian banks' record bad loans peaking

SBI's results signal Indian banks' record bad loans peaking The company had posted a net profit of Rs22.21 crore for the corresponding period of the previous fiscal, Novartis India said in a filing to the BSE. Bank of India, the market's sixth-biggest lender by assets, reported a 41 percent jump in second-quarter net profit on Friday, handily beating analysts' estimates, as its bad loan ratio also narrowed. [Full Article...]

Adidas Telstar18 World Cup ball gets thumbs-up from Messi

Adidas Telstar18 World Cup ball gets thumbs-up from Messi The original Telstar was the first ball to feature black panels, which were created to stand out on black-and-white televisions, and have since become iconic. I like all of it: "the new design, the colors, everything", Messi said in the Federation Internationale de Football Association statement. Roland Rommler, Category Director of Football Hardware at adidas has revealed designing the ball was... [Full Article...]

Uber loses employment rights case in UK

Uber loses employment rights case in UK This isn't the last time we hear of ride-hailing employment in the U.K. Uber already said it will appeal the workers' rights ruling either at the Court of Appeal or the Supreme Court. It added that the tribunal's view that drivers had to be in the area with the app switched on and "able and willing to accept assignments" was consistent with Uber's own description of a driver's obligation when "o... [Full Article...]

JC Penney Company Inc (JCP) How Do the Technical Vary?

JC Penney Company Inc (JCP) How Do the Technical Vary? Penney from a strong-buy rating to a hold rating in a report on Monday, October 17th. As the earnings date approaches, we can see that insider ownership is now 1.90% shares, and institutional ownership is at 73.50% for J. C. Penney Company, Inc . A negative earnings surprise will usually result in a decline in share price. If you are reading this article on another website, it was illegally cop... [Full Article...]

Boring Money warns of gender investment gap

Boring Money warns of gender investment gap This is exactly what the Women's Equality Party seeks to overturn. So says the Fawcett Society campaign group, which has dubbed 10th November "Equal Pay Day" - raising awareness of the date from which women work for free because of the difference in average pay between men and women. [Full Article...]

Amazon will sell Echo, other electronic devices at Whole Foods stores

Amazon will sell Echo, other electronic devices at Whole Foods stores Amazon says it will sell Echo speakers, Kindle e-readers, Fire tablets and the rest of its growing range of electronics at more than 100 Whole Foods stores this holiday season. Amazon had started putting lockers, delivery sites for online shipments, in some Whole Foods stores, and has said it will link its Amazon Prime membership program to Whole Foods. [Full Article...]

United Kingdom industrial output jumps in September

United Kingdom industrial output jumps in September In the meantime, industrial production data from Finland is due. Construction fell for a second straight quarter, with the 0.9 per cent decline exceeding the 0.7 per cent initially estimated. For the third quarter as a whole, there was little change to estimates for industrial, manufacturing and construction output that appeared in the ONS' preliminary economic growth estimate. [Full Article...]

MGM Resorts ticks higher as it meets profit forecasts

MGM Resorts ticks higher as it meets profit forecasts Trexquant Investment Lp sold 14,988 shares as Mgm Resorts International (MGM)'s stock rose 17.48%. MGM Resorts International had a return on equity of 7.97% and a net margin of 9.26%. Two Sigma Limited Liability has invested 0.2% in MGM Resorts International (NYSE:MGM). J P Morgan Chase & Co boosted their price objective on shares of MGM Resorts International from $39.00 to $40.00 and gave the com... [Full Article...]

You literally can have Breakfast at Tiffany's. Here's how

You literally can have Breakfast at Tiffany's. Here's how New York City's flagship Tiffany & Co store on Fifth Avenue has just opened a luxurious café - tastefully decorated with its signature Tiffany Blue. Tiffany & Co.is located at 727 5th Ave, New York, NY 10022. The artfully composed floor also houses Tiffany's new luxury Home & Accessories collection of elevated everyday objects, as well as a baby boutique, sterling silver hollowware, a selection... [Full Article...]

Topshop announces gender neutral changing rooms after complaint from trans customer

Topshop announces gender neutral changing rooms after complaint from trans customer The retailer also confirmed that its changing rooms are gender-neutral, after Travis Alabanza , a trans writer and performer who uses the pronoun "they", claimed they were denied entry. However, not everyone agreed with the change of policy with one raising concerns that it could make Topshop's target market - teenage girls - feel uncomfortable. [Full Article...]

USA oil inventories unexpectedly increase

USA oil inventories unexpectedly increase Oil prices rose almost 1% on Thursday, supported by supply cuts by major exporters as well as continuing concern about political developments in Saudi Arabia. The possibility of a big jump in crude prices hereon appears slim as at this price many shale gas producers could up their output. "As we get into 2018 and 2019, more oil is coming onto the market, a lot of it from USA tight oil", said ... [Full Article...]

North Atlantic Treaty Organisation troop boost falls short of new Afghanistan strategy aims

North Atlantic Treaty Organisation troop boost falls short of new Afghanistan strategy aims As part of that, Trump sent about 3,500 more United States troops to fill specific needs, including additional air power, precision rocket fire, and medical evacuation. Nicholson said that many nations offering additional troops in Brussels this week still have to go through their own approval processes at home, making it hard to determine how many additional troops will be going to Afghanistan. [Full Article...]

Jimmy Kimmel Live Mean Tweets Country Music Edition #3

The K-pop boy band has been confirmed to perform on The Ellen DeGeneres show - a gig that was rumored a long time ago. On Wednesday, the agency said the group will appear on the popular late-night talk show " Jimmy Kimmel Live!" " BTS's producer Big Hit Entertainment released a statement saying", The Ellen DeGeneres Show " as with " Jimmy Kimmel Live ", and said, "BTS will showc... [Full Article...]

Disney (DIS) Dips As Q4 And Full-Year Revenues Sink

Daiwa Securities Group Inc holds 0% of its portfolio in Laboratory Corp. of America Holdings (NYSE:LH) for 2,900 shares. Shares of Disney slipped 3 percent in extended hours after its earnings and revenues fell short of Wall Street estimates. [Full Article...]

Penny Mordaunt replaces Priti Patel as International Development Secretary

Penny Mordaunt replaces Priti Patel as International Development Secretary On Wednesday, Patel held a meeting with Prime Minister Theresa May , after being recalled from an official visit to Uganda. Like Patel, Mordaunt campaigned strongly for a "Leave" vote at the referendum. Ms. May's cabinet has been hit by several allegations of sexual misconduct, which led to the resignation of former defence minister Michael Fallon and the reported investigation of her deputy and ... [Full Article...]

TripAdvisor Will Now Start Identifying Hotels Where Sexual Assault Has Occurred

TripAdvisor Will Now Start Identifying Hotels Where Sexual Assault Has Occurred The travel and restaurant review website has so far placed warnings on the pages of three popular resorts in the coastal town of Playa del Carmen in Mexico: the Iberostar Paraiso Maya, the Iberostar Paraiso Lindo and the Grand Velas Riviera Maya . [Full Article...]

US, AT&T estranged over CNN in Time Warner allocation

Stephenson is set to appear at an event in New York City on Thursday and will likely face questions about the deal. In July , the New York Times reported that White House advisers had discussed using the deal as "a potential point of leverage over their adversary" CNN. [Full Article...]


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