Money

Wages rise as unemployment rate holds at 5.8%

Wages rise as unemployment rate holds at 5.8% By sector, the biggest employment gain was recorded in transportation & warehousing, which added 3,400 jobs in April compared to March (data for industry sectors are unadjusted for seasonal influences). Vancouver's unemployment rate came in at almost half that of Calgary at 4.1 per cent last month. The labour participation rate rose to 59.7%, more than 1.2% increase from April 2017. [Full Article...]

Watch Boston Dynamics' robots escape the lab

Watch Boston Dynamics' robots escape the lab Thanks to the hard work of the engineers of the famous company Boston Dynamics , the Atlas robot cannot only run and lift on the order of both legs, but free to jump over obstacles in its path. Some of Boston Dynamics' robots were built for search and rescue operations, potentially navigating partially collapsed buildings or other unsafe environments without putting human first-responders at... [Full Article...]

Elon Musk teases LA tunnel progress, free public rides on Instagram

Elon Musk teases LA tunnel progress, free public rides on Instagram An environmental review exemption was approved unanimously by the LA City Council's public works committee in April; construction of the tunnel by Boring Co. Musk just wants to circumvent LA-area traffic. In theory, more people could gravitate to cars and wait in traffic jams at tunnel entry points. "Am going to build a tunnel boring machine and just start digging". [Full Article...]

FCC issues record $120 million robocall fine

FCC issues record $120 million robocall fine The decision keeps intact the proposed penalty floated in June 2017 after Abramovich allegedly flooded consumers with 96 million unlawful robocalls in three months. Indeed, FCC spokesman Will Wiquist said that while the FCC is attempting to address illegal robocalls with enforcement, government-industry partnerships and consumer information campaigns that warn about neighbor spoofing, among other ... [Full Article...]

Stormy Daniels' lawyer says Russian firm's USA affiliate paid Trump attorney $500000

Only three days after President Trump was sworn into office, AT&T turned to his personal attorney, Michael Cohen , for help. "There is no other way to say it - AT&T hiring Michael Cohen as a political consultant was a big mistake ". Frederick Intrater said in a statement that he used his own money to purchase the domains with the intention of later selling them for profit. In an email to... [Full Article...]

Nuance, Helios and Matheson Stumble into Thursday's 52-Week Low Club

Nuance, Helios and Matheson Stumble into Thursday's 52-Week Low Club The stock is going forward its 52-week low with -14.93% and moving down from its 52-week high price with -96.87%. The stock is close to a its nine-and-a-half year low and is taking aim at its lowest close since becoming a public company in 1997. [Full Article...]

Skechers sues Adidas over basketball player competition

Skechers sues Adidas over basketball player competition The college basketball world was rocked by the FBI's widespread investigation into payments made to players that reportedly impacted a number of high profile programs , coaches, and athletes. According to Forbes , another company has quite literally stuck its foot in the door with a new lawsuit against adidas. Skechers has filed paperwork for a messy litigation battle with Adidas. [Full Article...]

WTI Crude Oil and Natural Gas Forecast

WTI Crude Oil and Natural Gas Forecast Hence, ahead of EIA's inventory report which is likely to be announced shortly, we continue to advocate staying long in a December 2018 WTI $68-75/bbl call spread (net premium: $1.40/bbl). Japan was one of the first countries to confirm that it will seek a waiver . "Data drives crude markets, not expectations", Verlerger said. Israel said Iran fired missiles at its soldiers in the Golan Heights... [Full Article...]

Alcoa and Rio Tinto Announce World's First Carbon-Free Aluminum Smelting Process

Alcoa and Rio Tinto Announce World's First Carbon-Free Aluminum Smelting Process Apple has awakened using aluminum producers Alcoa and Rio Tinto to a joint venture directed at smelting aluminum without damaging greenhouse gases. The three companies, along with the governments of Canada and Quebec are investing a combined $144 million in the R&D, which is being done near Alcoa's headquarters in Pittsburg. [Full Article...]

Kangana Ranaut channels Audrey Hepburn in black sari at Cannes

Kangana Ranaut channels Audrey Hepburn in black sari at Cannes The exquisite halterneck gown hugs Deepika's frame beautifully. Giving a glimpse into her Cannes avatar Deepika said, "when in Cannes". Deepika is at the festival as an ambassador for an global beauty label. All hail to Deepika's fantastic spirit! I am not dressing for you, I am dressing for myself. Deepika sizzled in three different looks today. The Padmaavat star kicked off the day with a ca... [Full Article...]

Arvind Kejriwal's nephew arrested in PWD scam

Arvind Kejriwal's nephew arrested in PWD scam ACB had sought three days' police custody of Bansal for questioning in connection with this case immediately after his arrest, but this request was denied by a metropolitan judge as Bansa's medical condition was weak. The ACB had registered three FIRs including one against a company run by the chief minister's brother-in-law himself in this case on 9 May past year. [Full Article...]

US Market Indexes Mostly Higher Tuesday

US Market Indexes Mostly Higher Tuesday Dan Eberhart, CEO of oilfield services company Canary LLC, drew a direct connection: "Withdrawing from the Iran nuclear deal will support higher oil prices". Boeing has yet to deliver any aircraft to Iran under those deals and said that it will "continue to follow the USA government's lead". The first wave of these sanctions, which will hit 90 days from Tuesday, will target Iran's automotive sec... [Full Article...]

Android P to stop apps tracking and gathering data on users

Android P to stop apps tracking and gathering data on users As you type, Smart Compose pops up suggestions about what you might want to write next - similar to Google autocomplete. Google is always extremely friendly to developers, and the company's latest move proves that. We installed the Android P beta on the Pixel phone and it looks refreshed and we like some of the features. Moreover, to download the update , users will have to enrol in the A... [Full Article...]

Public invited to help stamp out hunger

Public invited to help stamp out hunger In 2016, however, the letters carriers only collected 1,800 pounds. Prater said food donations should be non-perishable. Second Harvest of South Georgia is excited to see the bright bags line neighborhoods Saturday for their Stamp Out Hunger food drive . [Full Article...]

FY2018 EPS Estimates for Lexington Realty Trust (LXP) Cut by Analyst

Following last close company's stock, is -0.66% below their SMA 50 and -31.90% below the 52-week high. While having a peek at profitability ratios Lexington Realty Trust (NYSE:LXP) has trailing twelve month gross margin at 87.4%, its trailing twelve month operating margin stands at 23.9% whereas its trailing twelve month net profit margin spots at 20.2%. [Full Article...]

Provident Financial (LON:PFG) Has Hold Rating Reconfirmed by Shore Capital

About 4.16M shares traded or 17.57% up from the average. It has outperformed by 27.77% the S&P500. In a note sent to clients and investors on Wednesday, 9 May, Provident Financial (LON:PFG) shares had their Hold Rating reaffirmed by professional analysts at Shore Capital. [Full Article...]

Panera Bread expands delivery service nationwide

Panera Bread expands delivery service nationwide Plus, it means creating 13,000 jobs-seven or eight for each Panera Bread that has delivery-according to a company press release announcing the expansion of the program this week to Panera Bread locations in nearly 900 US cities. "We now offer delivery across the country", he said. "I believe in the very near future delivery, will no longer be an option for a restaurant company ... [Full Article...]

Budget 2018: AU$100m for Medicare IT and cybersecurity

Budget 2018: AU$100m for Medicare IT and cybersecurity The tech spend includes $1.9 billion in funding toward Australia's "research infrastructure", which includes a $140 million injection into supercomputing to "advance medical research , nanotechnology, mining, construction and urban planning with high-speed calculations", according to the budget . [Full Article...]

US PPI for final demand increases 0.1 pct in April

US PPI for final demand increases 0.1 pct in April Fed officials have in recent days signalled they would not be too concerned if inflation overshot the central bank's target, reiterating a message in a statement issued at the end of a two-day policy meeting last Wednesday. The dollar added to losses against a basket of currencies. Intermediate services prices advanced 3.1% in April from a year earlier. Economists also expect oil prices to surge... [Full Article...]

Chinese insurer Anbang's former chairman Wu Xiaohui jailed 18 years for fraud

Chinese insurer Anbang's former chairman Wu Xiaohui jailed 18 years for fraud Wu Xiaohui will also surrender 10.5 billion yuan ($1.65 billion), and his bank accounts, properties, shares, companies and other assets have been frozen by the police, the Shanghai No.1 Intermediate People's Court said in a statement on its website on Thursday. [Full Article...]


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