Money

Trump to travel to WEF; Davos says dialogue is key

Trump to travel to WEF; Davos says dialogue is key Among the survey's respondents, 93 percent said they anticipate worsening political or economic confrontations or frictions between major powers, while almost 80 percent said they expected the risk of military conflict between countries to increase. [Full Article...]

Bank of America CEO: You can buy bitcoin - just not with us

Bank of America CEO: You can buy bitcoin - just not with us Zacks Investment Research now has $33.00 price target on the financial services provider's stock. Bokf Na holds 0.33% in Bank of America Corporation (NYSE: BAC ) or 443,046 shares. Inc. lifted its holdings in Bank of America by 33.6% in the first quarter. Churchill Management Corp decreased Home Depot Inc Com (NYSE:HD) stake by 5,413 shares to 184,011 valued at $30.10 million in 2017Q3. [Full Article...]

British Airway boots man who tried to fly wearing everything he packed

British Airway boots man who tried to fly wearing everything he packed In a pair of videos posted to Twitter, where Williams goes by the alias " Ryan Hawaii ", he filmed himself at the Keflavik airport, practically swallowed in layers of clothing. Williams later posted images of a direct message exchange with an easyJet representative, who told him the captain had chose to "offload" him based on the British Airways incident from the day before. [Full Article...]

Savant Capital LLC Buys 527 Shares of Amazon.com, Inc

Savant Capital LLC Buys 527 Shares of Amazon.com, Inc It has outperformed by 20.71% the S&P500. Glenn Greenberg increased its stake in Jpmorgan Chase & Co (JPM) by 20.64% based on its latest 2017Q3 regulatory filing with the SEC. (NASDAQ: AMZN ) for 21,011 shares. Ithaka Grp Incorporated Ltd Limited Liability Company holds 5.84% of its portfolio in Amazon .com, Inc. (NASDAQ: AMZN ) has " Outperform " rating given on Friday, July 29 by CLSA. [Full Article...]

Air India to be split into four entities ahead of sale

Air India to be split into four entities ahead of sale Air India and Air India Express, which make up the core airline business, will be offered as one company and the process is expected to be completed by the end of this year, said Union Minister of State for Civil Aviation Jayant Sinha in an interview on Monday. [Full Article...]

Nestle sells candies business to Ferrero for 4 billion

Nestle sells candies business to Ferrero for 4 billion Under the deal, the Ferrero Group said it would snap up 20 of Nestle's American brands, as well as the company's three manufacturing locations in IL and its related employees. The maker of Ferrero Rocher treats will take on Nestle's manufacturing facilities in Bloomington, Franklin Park and Itasca, Illinois, and the confectionery-related employees. [Full Article...]

General Electric Company (NYSE:GE) Plunges -3.94% in Early Trade on Tuesday

General Electric Company (NYSE:GE) Plunges -3.94% in Early Trade on Tuesday It has underperformed by 4.67% the S&P500. Since September 12, 2017, it had 0 buys, and 2 insider sales for $1.35 million activity. JPMorgan Chase & Co. Asset invested 0.61% of its portfolio in General Electric Company (NYSE:GE). Among 13 analysts covering Pinnacle Foods Inc ( NYSE:PF ), 12 have Buy rating, 0 Sell and 1 Hold. [Full Article...]

Iceland vows to become world's first 'plastic free' supermarket

Iceland vows to become world's first 'plastic free' supermarket The chain says it wants to remove plastic packaging from about 1,000 products by 2023, hoping to sell food at its 900 shops packed in paper. "Iceland has offered a more radical solution that shows the way forward for the sector". The retailer believes that by taking this step, it will help cut down the one million tonnes of plastic produced by supermarkets in the United Kingdom annually. [Full Article...]

BP is taking a $1.7bn Deepwater Horizon charge

BP is taking a $1.7bn Deepwater Horizon charge The company has continued to invest in large-scale projects and to improve efficiencies to lower its breakeven point, and it has boasted a 40-percent decline in its production costs since 2014. "Work on claims for damages is nearly over, and we now have a better look at our remaining obligations", said the Chief Financial Officer of BP, Brian Gilvary . [Full Article...]

Mickey D's to Throw Its Weight behind Sustainable Packaging, Reach Hefty Goals

Mickey D's to Throw Its Weight behind Sustainable Packaging, Reach Hefty Goals Now only half of McDonald's packaging is made from sustainable materials and only 10 per cent of its outlets recycle, the company said. Foam drink containers make up about 2 percent of McDonald's packaging, according to the Chicago Tribune . [Full Article...]

Unitedhealth Group INC (UNH) Holding Has Boosted by Pictet Bank & Trust Ltd

Unitedhealth Group INC (UNH) Holding Has Boosted by Pictet Bank & Trust Ltd It has underperformed by 16.70% the S&P500. Brinker Capital Inc increased Unitedhealth ( UNH ) stake by 26.72% reported in 2017Q3 SEC filing. According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 1.24 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. [Full Article...]

Sam's Club open in Winterville, but dozens of others closed

Sam's Club open in Winterville, but dozens of others closed BJ's, a membership chain like Sam's Club and Costco, also said that it has "had an immediate increase in Sam's Club members joining BJ's Wholesale Club". Ten are being converted into e-commerce distribution centers, according to a company official who spoke on condition of anonymity because he was not authorized to discuss details of the decision publicly. [Full Article...]

Citigroup uses tax break windfall to rain profits on investors

Citigroup uses tax break windfall to rain profits on investors While the new law is expected to be a long-term positive for most companies, several announced they would have to take one-time charges stemming from the changes. "Tax reform not only leads to higher net income and increased returns, but also serves to strengthen our capital generation capabilities". Citigroup on Tuesday reported a $22 billion charge due to the new tax law but its adjusted f... [Full Article...]

Patanjali goes online in retail collaboration including Amazon and Flipkart

Patanjali goes online in retail collaboration including Amazon and Flipkart Commenting on the move, Yoga Guru Ramdev said that these online mechanism aims to provide convenient and efficient option along with the extension of the traditional retail market. Zeliang said the initiative of the State government to provide land to Patanjali for investment had the potential of becoming a model public-private-partnership. [Full Article...]

DOW BULL run continues as top USA index opens at record high

DOW BULL run continues as top USA index opens at record high Fourth-quarter earnings reporting is well under way helping the Dow over the 26,000 mark for the first time. Stocks have picked up where they left off in 2017, with investors piling into the market as Wall Street analysts are boosting their projections of how much money US companies will make this year after Congress slashed the corporate tax rate late last year to 21% from 35%. [Full Article...]

Murphy sworn in, pledges 'stronger, fairer' NJ

Murphy sworn in, pledges 'stronger, fairer' NJ Phil Murphy and Lt. Gov. Sheila Oliver being sworn in Tuesday, numerous officials offered up congratulations and other thoughts to New Jersey's new top executives. Murphy also served several years under the Obama administration as ambassador to Germany. Murphy also thanked former Christie for his service and praised his work on the opioid crisis, the AP reported. [Full Article...]

Nigeria's Inflation Drops To 15.37% In December 2017 - NBS

Nigeria's Inflation Drops To 15.37% In December 2017 - NBS Economists and the Bank of England forecast a slowdown this year, with the latter predicting a 2.4% level at the end of 2018. The largest downward contribution came from transport, particularly air fares. -UK inflation: where's it heading in the long term? According to the report, the corresponding 12 months year-on-year average percentage change for the urban index is 16.92 per cent in Dece... [Full Article...]

Fire services ready to deliver school meals after Carillion collapse

This hit the company's liquidity by between 2 million pounds ($2.75 million) and 20 million pounds, Cochrane added. With banks refusing in recent days to accept the latest restructuring plan, May's senior ministers met around the clock, under pressure from the Labour Party and unions not to use taxpayer money to prop up the failing company. [Full Article...]

South Korea flip-flops on cryptocurrency crackdown

South Korea flip-flops on cryptocurrency crackdown He said that the government will push forward the implementation of a real-name system for cryptocurrency transactions. In particular, Justice Minister Park Sang-ki revealed last Wednesday that the government is preparing a bill to shut down all cryptocurrency exchanges in the country. [Full Article...]

Americans are adopting voice-activated speakers at a faster pace than smartphones

Americans are adopting voice-activated speakers at a faster pace than smartphones Like all Echo speakers the Spot has plenty of neat tricks up its sleeve with the device able to turn on the lights, set the heating and even show live footage from any smart cameras you might have dotted around your home. Three years in, 14 per cent of Americans owned a smartphone. Furthermore, it signals that usage of the HomePod could drive more people to use Siri on their smartphone. [Full Article...]


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