Money

Uber's business is transport, not tech - says Europe's highest court

Uber's business is transport, not tech - says Europe's highest court The ruling stresses that Uber's app is indispensable for both drivers and private travellers and that Uber exerts a decisive influence on conditions of performance carried out by se drivers. "This ruling will not change things in most European Union countries where we already operate under transportation law", an Uber spokesperson said in a statement . [Full Article...]

Korean cryptocurrency exchange to close after second hacking in a year

Korean cryptocurrency exchange to close after second hacking in a year It also said, "The management has chose to stop all trading, prohibit from making a deposit and withdrawal and file for a bankruptcy as of December 19". South Korea was one of the countries where the bitcoin fever was hitting the hardest, with the country accounting for 20% of all bitcoin transactions. [Full Article...]

Pacer Advisors Inc. Sells 10644 Shares of Discovery Communications, Inc. (NASDAQ:DISCA)

On the opposite side of that transaction from Clearbridge Investments, Llc stood Hotchkis & Wiley Capital Management Llc which added 123603 shares to its existing stake, bringing total stake held in DISCA to 18.73 million shares. Citigroup downgraded it to "Sell" rating and $27 target in Wednesday, May 18 report. The firm has "Hold" rating given on Monday, October 16 by KeyBanc Capital Markets. [Full Article...]

Bitcoin Price Crashes After Coinbase Starts Bitcoin Cash Trading

Bitcoin Price Crashes After Coinbase Starts Bitcoin Cash Trading Bitcoin Cash, meanwhile, has soared almost 50% in the last 24 hours, from around $2,100 to a brief high of around $3,600, and is now the third most valuable digital currency after bitcoin and Ethereum. "Bitcoin has faced a lot of scaling issues with the block sizes and so on, so I think bitcoin cash has solved a lot of these issues and is a strong, legitimate contender to be more widely used". [Full Article...]

Tesla books 125 truck order from UPS

Tesla books 125 truck order from UPS It's unclear whether drag racing is something most haulage companies are actually concerned about, but UPS is certainly swayed by the Tesla Semi's environmental credentials. UPS , which operates one of the largest private alternative fuel and advanced technology fleets in the US, and more than 8,500 vehicles throughout the world, says it has provided Tesla with internal trucking lane informa... [Full Article...]

Salvation Army Red Kettle donations are down this season

Salvation Army Red Kettle donations are down this season The Salvation Army said it has seen an increase in volunteers in Regina, but cash donations are down and the charity is anxious it might not make its goal for this year. The donor wished to remain anonymous but told the Salvation Army they hoped the donation would inspire others to be generous as well. Borgen says donations can also be made on-line. [Full Article...]

S&P, Dow Open Higher as Tax Bill Vote Draws Near

S&P, Dow Open Higher as Tax Bill Vote Draws Near The Dow Jones industrial average advanced 140.46 points, or 0.6%, to 24,792.20, as investors felt more sure that Republicans will pass their tax plan this week. The biggest gains have gone to companies that pay relatively higher tax rates, including banks, retailers and smaller, US -focused firms. Even though Trump's effort to repeal Obamacare failed in Congress, many investors had remained op... [Full Article...]

Uber, BBM launch on-demand service

Uber, BBM launch on-demand service BBM Discover is a high-valued space within BBM Messenger, designed for high impact and reach while giving partners access to the power of social chat. Riders simply enter their destination, tap the Request Uber button as well as payment option, and wait for their ride to arrive. What this means is that if you use BBM, you will be able to hail an Uber within the app itself as opposed to having to ... [Full Article...]

Schlumberger Limited (SLB) Analysts See $0.45 EPS

Reilly Financial Advisors Llc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $89.24 billion market cap company. The stock has "Buy" rating by Needham on Friday, April 1. Analysts await Knoll, Inc. (NASDAQ:CSII) to report earnings on January, 24. Zacks Management reported 0.04% in M/I Homes, Inc. [Full Article...]

EPS for Delta Air Lines, Inc. (DAL) Expected At $1.03

EPS for Delta Air Lines, Inc. (DAL) Expected At $1.03 TIAA CREF Investment Management LLC boosted its stake in Delta Air Lines by 77.6% during the 2nd quarter. (NYSE: DAL ) CFO Paul A. Jacobson sold 42,900 shares of the stock in a transaction on Friday, December 15th. The rating was maintained by Stifel Nicolaus with "Hold" on Tuesday, September 19. Investors sentiment decreased to 0.83 in 2017 Q2. Its down 0.08, from 1.13 in 2017Q1. [Full Article...]

Ryanair set to meet with union for the first time ever today

Ryanair set to meet with union for the first time ever today The airline has written to pilots in Ireland, the UK, Germany, Italy, Spain and Portugal inviting each of them to talks to recognise the unions as representative bodies "as long as they establish Committees of Ryanair pilots to deal with Ryanair issues, as Ryanair will not engage with pilots who fly for competitor airlines in Ireland or elsewhere". [Full Article...]

Virat Kohli And Rohit Sharma Had A Fun Twitter Conversation About Marriage!

Virat Kohli And Rohit Sharma Had A Fun Twitter Conversation About Marriage! Following their marriage, numerous well-wishers and fans congratulated the couple through social media, including some cricketers. The couple got married in a Tuscany resort earlier this month at a private ceremony with just family and close friends in attendance. [Full Article...]

Sarah Mullally is first woman appointed Bishop of London

Sarah Mullally is first woman appointed Bishop of London Earlier, in a self-assured performance at a press conference at St Paul's Cathedral today, Mullally further reached out to conservatives who oppose women priests and bishops on theological grounds, saying she was "respectful" of their position, while insisting that the Church must appoint more female and ethnic clergy. [Full Article...]

Shares Picking Up Steam: Express Scripts Holding Company (NASDAQ:ESRX)

Stonebridge Capital Management holds 53,696 shares or 1.31% of its portfolio. The shares were sold at an average price of $62.37, for a total value of $40,103.91. As per Wednesday, October 25, the company rating was maintained by RBC Capital Markets. Lsv Asset Mgmt has invested 0.34% of its portfolio in Express Scripts Holding Company (NASDAQ: ESRX ). [Full Article...]

Amtrak Train Without PTC Crashes in Seattle, At Least 3 Dead

Amtrak Train Without PTC Crashes in Seattle, At Least 3 Dead The National Transportation Safety Board said the Amtrak Cascades train that derailed in DuPont Monday was going 50 miles per hour over the speed limit when it careened on an overpass. The Amtrak Cascades train service is jointly owned by the states of Washington and OR, with operation of the trains contracted to Amtrak. Amtrak operates the service for the two states as a contractor and is respo... [Full Article...]

Brokers Ratings on: Rite Aid Corporation (NYSE:RAD)

It has underperformed by 71.88% the S&P500. Howland Management Limited Com holds 38,915 shares. Walker & Dunlop Inc now has $1.50B valuation. The stock decreased 2.19% or $0.12 during the last trading session, reaching $5.35. They expect $1.08 earnings per share, down 6.90% or $0.08 from last year's $1.16 per share. JMP's profit will be $9.88 million for 2.91 P/E if the $0.46 EPS becomes a reali... [Full Article...]

Boeing, Bombardier clash over tariffs at ITC hearing

Boeing, Bombardier clash over tariffs at ITC hearing Monday's U.S. International Trade Commission hearing will help determine if that tariff is approved, rejected or modified. Mike Nadolski, Bombardier's vice president communications and public affairs said its evidence demonstrated that Boeing's petition was an "unfounded assault on airlines, the flying public, and the USA aerospace industry". [Full Article...]

Toys R Us troubles put 3200 jobs at risk

Toys R Us troubles put 3200 jobs at risk The UK's pension lifeboat has said it plans to vote against Toys R Us' proposed restructuring, putting more than 3,000 jobs at risk. However, without the PPF's support, the CVA is likely to fail at a meeting of creditors on Thursday, which could cast into doubt the viability of the toy retailer's loss-making United Kingdom business. [Full Article...]

ESPN chief John Skipper resigns to fight drug addiction

ESPN chief John Skipper resigns to fight drug addiction President George Bodenheimer takes over as acting chairman for the next 90 days to help Disney CEO Bob Iger find Skipper's replacement. In the segment above, Le Batard read the statement from Skipper and ESPN , and unsuccessfully fought off tears. [Full Article...]

Richard Branson is now the chairman of Virgin Hyperloop One

Richard Branson is now the chairman of Virgin Hyperloop One The tests took place at Virgin Hyperloop One's 500-meter (1,640-foot) DevLoop test tunnel in Nevada. All components of the system were successfully tested including the airlock, a highly efficient electric motor, advanced controls and power electronics, custom magnetic levitation and guidance, pod suspension and the vacuum. [Full Article...]


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