Money

Facebook is building a 'village' of 1500 apartments

Facebook is building a 'village' of 1500 apartments The description of the new office, dubbed "Willow Campus", sounds like a almost complete town: It'll have apartments, local transportation, multiple parks, office space, a grocery store, and a pharmacy. Of the 1,500 new housing units Facebook intends to build, 15 percent - or about 225 units - will be offered "at below market rates". The company did not reveal how much the new project will cost. [Full Article...]

Republicans consider Ted Cruz health care proposal

Republicans consider Ted Cruz health care proposal Meanwhile, John Zody, Indiana Democratic Party Chair told CBS News on Wednesday, "Hoosiers know the ACA isn't ideal, but we'll tell whoever's asking online that we're thrilled hundreds of thousands of our friends and neighbors can now receive affordable care through HIP 2.0's Medicaid expansion, or that insurers can no longer discriminate against pre-existing conditions". [Full Article...]

What's Affecting Oil Prices This Week

What's Affecting Oil Prices This Week West Texas Intermediate crude futures. U.S. West Texas Intermediate crude fell 98 cents to a low of 43.22 dollar a barrel, its lowest since November 14. The cuts would lower the collective production of producers by 1.8 million barrels per day. US oil production increased to the highest since August 2015, according to a report from the EIA. [Full Article...]

Barca target Italy's Verratti training with PSG

Barca target Italy's Verratti training with PSG It appears as though the club still have faith in him despite enduring a disappointing campaign a year ago, with many critics suggesting that he will struggle to prove himself a Barca player. Reports this week suggested that Messi was furious that Barca were pipped to the La Liga title by Real Madrid last season and claimed he told the club to ditch Arda Turan, Munir, Thomas Vermaelen and Andre Go... [Full Article...]

Baidu boss investigated for riding in self-driving vehicle

Baidu boss investigated for riding in self-driving vehicle First announced in April , Apollo is an open platform that allows access to the technology behind its autonomous vehicles. These include Ford, Daimler, mapping company TomTom, chipmakers Intel and Nvidia as well as five Chinese auto manufacturers. [Full Article...]

United States gains 222000 jobs in June; unemployment 4.4%

United States gains 222000 jobs in June; unemployment 4.4% This month's numbers came as economists have anxious that the United States economy is struggling to create large numbers of new jobs despite president Donald Trump's pledge to create "JOBS!" This is essentially unchanged from last month. Wages grew 2.5% in June compared with a year ago. Health care was the biggest jobs contributor adding 37,000 jobs. "More than 5 million Americans still work pa... [Full Article...]

Strong rise in German industrial output signals solid Q2 growth

Strong rise in German industrial output signals solid Q2 growth Britain's economy slowed in early 2017 after it initially withstood the shock of the decision by voters to leave the European Union in a referendum in June 2016. Output was forecast to grow slightly by 0.2 percent in May. Similarly, manufacturing output dropped 0.2%, offsetting a 0.2% rise in April. "With these outturns coming on the back of several months of soft data, it is now virtually cer... [Full Article...]

Sensex, Nifty finish rangebound on sedate day

Sensex, Nifty finish rangebound on sedate day Stocks of heavyweight RIL soared 3.43 per cent to trade at over nine-year high of Rs 1,490.80. Shanghai Composite too lost 0.36 per cent. U.S. jobs data coming in below par and concerns about a tighter monetary policy gave investors here some anxiety. [Full Article...]

Former coordinator Bob Shoop counters Penn State's lawsuit, claims he was sacked

Former coordinator Bob Shoop counters Penn State's lawsuit, claims he was sacked He had a clause in his deal that had him pay 50 percent of his base pay for liquidated damages if he left before his contract expired in February 2018. Shoop, who came to Penn State with head coach James Franklin in 2014, initially signed a two-year contract. In his countersuit, Shoop claimed he "experienced a hostile, negative work environment". [Full Article...]

Financial Update of Antero Resources Corporation (NYSE:AR)

Its sales stood at 3.00% a year on average in the period of last five years. The stock declined 5.36% or $1.26 reaching $22.23 on the news. About 498,171 shares traded. On February 23, 2016 the stock rating was changed to a "Neutral" in a report from Bank of America down from the previous "Buy" rating. With 2.06 million shares average volume, it will take short sellers 6 days to cover their CRC's ... [Full Article...]

Motley scores game victor, Mavs win Orlando Summer League

Motley scores game victor, Mavs win Orlando Summer League The former IL guard scored 14 points in the first quarter and finished with a game-high 20 points in the Dallas Mavericks' 96-75 victory against the Oklahoma City Thunder. Mavericks forward Ding Yanyuhang was the victim in Brown's third quarter dunk, getting caught too far under the basket as Brown turned the corner after receiving a ball screen at the top of the key. [Full Article...]

Vornado Realty Trust (VNO) Quick Review of the Numbers

Vornado Realty Trust (VNO) Quick Review of the Numbers If we look at the Volatility of the company, Week Volatility is 1.99%, whereas Month Volatility is at 1.52%. About 2.02 million shares traded. It is down 35.16% since July 6, 2016 and is uptrending. Finally, BidaskClub raised Education Realty Trust from a "hold" rating to a "buy" rating in a research report on Friday, June 16th. Following the transaction, the senior vice president now directly o... [Full Article...]

Air India announces direct flight from New Delhi to Washington DC

Air India announces direct flight from New Delhi to Washington DC The company in a conference call with its shareholders said that with or without Air India, they are planning to foray into low-priced, long-distance worldwide flights. wrote in a note to clients June 29. "[Air India's worldwide operations] would provide rapid entry into restricted, and in some cases, closed global markets". [Full Article...]

Joint Report From DHS/FBI: Nuclear Facilities Are Being Targeted By Hackers

Joint Report From DHS/FBI: Nuclear Facilities Are Being Targeted By Hackers Safety and control systems for the Wolf Creek nuclear plant are not connected to business networks or the internet, according to a company spokesperson. E&E News, a news site focusing on the energy industry, first reported that investigators were looking into multiple attacks on nuclear power generators this year. [Full Article...]

SoundCloud Faces the Music; Cuts 40% of Staff

SoundCloud Faces the Music; Cuts 40% of Staff The company, at risk of running out of money , will be consolidating all of its work force into its Berlin headquarters and its office in NY. "By reducing our costs and continuing our revenue growth, we're on our path to profitability and in control of SoundCloud's independent future", he wrote. [Full Article...]

Why The Chart Setup For Opko Health, Inc. (OPK) Should Interest You

A number of other large investors have also recently made changes to their positions in OPK . Zacks Investment Research upgraded Opko Health from a sell rating to a hold rating in a report on Saturday, February 18th. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $75.89 on company shares. The shares were bought at an average cost of $6.97 per share,... [Full Article...]

Hong Kong seizes 7.2 tonnes of ivory

Hong Kong seizes 7.2 tonnes of ivory Importantly, three people - a man and two women were arrested in connection with the seizure. The Chinese region reported Thursday that its customs agents had seized about 7.9 tons of ivory tusks valued at approximately $72 million. The tusks are thought to have been taken from about 720 elephants. Hong Kong customs officials have announced their largest-ever seizure of ivory, a haul of ... [Full Article...]

Marvel confirms conclusion of '22-movie arc', start of a new one

Marvel confirms conclusion of '22-movie arc', start of a new one One of the films has already come out - " Captain America: Civil War ", which introduced Tom Holland as Peter Parker/Spider-Man in 2016. This week's release of Spider-Man: Homecoming represents Spider-Man's first film in the Marvel Cinematic Universe . [Full Article...]

Warren Buffett unveils deal to buy big piece of Texas electric grid

Warren Buffett unveils deal to buy big piece of Texas electric grid Although a dollar amount for the deal is still private, the Journal reported that the total value is less than the $18.4-billion offer Oncor received from NextEra Energy in a deal with Energy Future Holdings in July 2016. Under the agreement, Bob Shapard will become Oncor executive chairman, while Allen Nye will be chief executive officer. Evercore ISI reiterated an "underweight" rating ... [Full Article...]

Djokovic empathises with Tomic's plight

Djokovic empathises with Tomic's plight But he has not won a major title since completing a career Grand Slam at the 2016 French Open . Pavlasek, a 22-year-old Czech making his first appearance at the All England Club, grew up idolizing Djokovic. To add to Tomic's woes, his racquet sponsor Head have announced they will discontinue their relationship with the Australia and added that the company was "extremely disappointed" with... [Full Article...]


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