Money

Money After UK rate hike, PM May expects higher returns for savers - spokesman
Author: 0 After UK rate hike, PM May expects higher returns for savers - spokesman

Santander has said savings products linked to the base rate will move in line with the increase. Thousands of homeowners here in Liverpool, those on standard variable rate or a tracker rate, will now face higher mortgage interest payments but John-Paul Dennis, partner at Kirwans law firm, doesn't expect to see a major impact on the Liverpool property market at large.

Money Starbucks to sell Tazo Tea Brand to Unilever for $348mn
Author: 0 Starbucks to sell Tazo Tea Brand to Unilever for $348mn

For Starbuck's, which acquired Tazo in 1999 for $8.1 million, the deal is a lucrative one which offers a more than 47-times return on its investment. Stripping out the impact of Hurricanes Harvey and Irma, which struck the U.S.in September, comparable sales would have been up 3 percent. On Thursday, the company posted earnings per share of 54 cents for the quarter, in line with analysts' expectations.

Money A Twitter Employee Deleted Donald Trump's Twitter Account
Author: 0 A Twitter Employee Deleted Donald Trump's Twitter Account

However, the account's nonexistence didn't last long, and the page returned with its usual appearance. The reason this happened? At first, Twitter said it was an "inadvertent" human error. Many Twitter users sent out screenshots of the temporarily nonexistent page. Twitter's rules let the company suspend accounts for violent threats, gender-based attacks and other forms of abuse and harassment.

Money Chinamasa begins cyber crackdown with arrest of American citizen in Zimbabwe
Author: 0 Chinamasa begins cyber crackdown with arrest of American citizen in Zimbabwe

Ms O'Donovan had been working with local social media outlet Magamba TV, whose target audience is youth, said Obey Shava of Zimbabwe Lawyers for Human Rights. It was the first arrest since the Ministry of Cyber Security was established last month. "This arrest marks the start of a sinister new chapter in the Zimbabwean government's clampdown on freedom of speech, and the new battleground is social media", said Amnesty International's deputy regional director, Muleya Mwananyanda.

Money Facebook revenues reach over $10B in 3 months
Author: 0 Facebook revenues reach over $10B in 3 months

But management was particularly excited about video in the company's third-quarter earnings call. It's worth noting that more than 98 percent of Facebook's revenue comes from advertising, 88 percent of which is from mobile devices. He said that these tools are built to help people connect but what the Russians did was "wrong and we're not going to stand for it". Now, for those who have followed Facebook , you know that when we set our minds to something, we're going to do it.

Money Tesla is getting clobbered after disappointing results (TSLA)
Author: 0 Tesla is getting clobbered after disappointing results (TSLA)

The company produced 260 Model 3s and delivered 222, missing the production target of 1,500. Finally, Goldman Sachs Group, Inc. Tesla said in a statement: "The Tesla AI team, which is fundamental to achieving full autonomy, strengthened dramatically this year, with a number of the world's best AI engineers and researchers joining our company".

Author: 0 NAB announces $5.29B in profit and $6.6B in cash earnings

Releasing its 2017 full-year results today, CEO Andrew Thorburn said the bank was accelerating its customer strategy and will look to make $1 billion in savings as they "simplify" the business. The bank's outlook remained positive as it forecast an upturn in business investment and government spending. While NAB's net interest margin, a key gauge of profitability, fell 3 basis points from a year ago, it was 6 basis points higher in the second half of the 2017 results, as the lender ...

Money Cover Missouri to Assist in Enrollment for Affordable Care Act
Author: 0 Cover Missouri to Assist in Enrollment for Affordable Care Act

Premiums for the benchmark silver Obamacare plan will soar 37%, on average, for 2018, according to federal data released Monday. The feds will regularly post how many people are signing up. Enrollees who don't qualify for premium subsidies - those who earn more than $48,000 as an individual or $98,500 for a family of four in 2018 - may be hit with the full premium hike.

Money Neenah police say parent found nails in candy bars
Author: 0 Neenah police say parent found nails in candy bars

A mother told officers she found nails in her 11-year-old son's Halloween candy. Police encourage everyone to check the candy thoroughly, discard anything that looks suspicious and to report it. The items were sent to the State Crime Lab, but no arrests were made. The needles were not visible until the candy was opened and broken in half.

Money Tesla posts a huge loss, as Model 3 output lags
Author: 0 Tesla posts a huge loss, as Model 3 output lags

Tesla, Inc . has a consensus hold rating from 23 Wall Street analysts, and the number of shares now sold short amount to at least 22.09% of shares outstanding. Tesla is still sorting out its production issues for the Model 3. "We received record net orders for Model S and Model Xs" last quarter, Tesla said in its earnings letter, which later added, "Demand for Model 3 is not going to be a constraint for quite a long time".

Money Rihanna Just Surprised Us All With Dope New Music
Author: 0 Rihanna Just Surprised Us All With Dope New Music

The glasses will launch this Saturday, Nov. 4 at CompexCon, where N.E.R.D. will perform live for the first time in three years. The beat on the track switches up before Rihanna starts rapping . there was something waiting for all those over eighteen when they awoke earlier today. The singer also appears in the cut's video, which was directed by longtime Beyoncé creative director Todd Tourso - who shaped the visual components of Beyoncé and Lemonade - and Scott Cudmore .

Money Climbing to be banned on sacred red rock formation Uluru
Author: 0 Climbing to be banned on sacred red rock formation Uluru

A park board made up of a majority of the traditional owners of the land where the rock stands made the decision Wednesday. Wilson, who runs an indigenous-owned tour operator, said visitors shouldn't feel that there will be nothing to do after Uluru is closed to climbers.

Money Is Rockwell Automation, Inc. (NYSE:ROK) Stock Overbought?
Author: 0 Is Rockwell Automation, Inc. (NYSE:ROK) Stock Overbought?

Next quarter's EPS is forecasted at $1.79 with next year's EPS projected to be $7.36. The stock's Average True Range (ATR) is now 1.97. Rockwell Automation had 51 analyst reports since September 9, 2015 according to SRatingsIntel. On Friday, August 18 the stock rating was maintained by Oppenheimer with "Hold". Two analysts have rated the stock with a sell rating, twelve have given a hold rating and four have issued a buy rating to the company.

Money MAN: HOMECOMING and PS4 Helps Drive SONY To $1.16b Profit
Author: 0 MAN: HOMECOMING and PS4 Helps Drive SONY To $1.16b Profit

Sony Corp. on Tuesday reported operating income of $1.8 billion (¥204 billion) for the July to September quarter, up 346 percent from the same period past year. Consolidated sales and operating revenues for the year are now expected to be 8.5 trillion yen, higher than previous estimate of 8.3 trillion yen, reflecting a growth of 11.8 percent from last year.

Money Bitcoin Prices Surge as World's Largest Exchange Owner Opens Bitcoin Futures
Author: 0 Bitcoin Prices Surge as World's Largest Exchange Owner Opens Bitcoin Futures

On the Luxembourg-based Bitstamp exchange, bitcoin jumped to as high as $6,351, up nearly 4 percent on the day. The reference rate is a daily settlement price published at 4 p.m. In addition to the CME, the CBOE previously unveiled plans to launch bitcoin futures contracts on a similar time table. With the CME Group, these professional traders and investors would have a more regulated avenue to access the rather volatile cryptocurrency.

Author: 0 Samsung names new CEOs for key biz units

The shake-up at South Korea's biggest company is created to ease investors' concerns about a leadership vacuum following the arrest and conviction of group scion Jay Y. The shareholder return policy for the next three years ramped up guidance to a level higher than its current range of 30-50 percent of free cash flow to 50 percent over three years.

Money Ex-Chelsea midfielder unsure if the Blues can beat Roma
Author: 0 Ex-Chelsea midfielder unsure if the Blues can beat Roma

Chelsea , who are fourth in the league, host second-placed Manchester United on Sunday. They lost Costa. The Conte up and downs we have. "It's always hard to win the league the second year. Di Francesco was understandably coy about his starting lineup but he will make several changes from the team that beat Bologna 1-0 on Saturday night.

Money Plane carrying 122 people diverted after threat call in India
Author: 0 Plane carrying 122 people diverted after threat call in India

The official said among the 89 cases, it has identified nine cases which have "similar" nature as that of the Hadiya case and in six cases it has examined people involved. " CISF commandos surrounded the aircraft on landing, and deplaned the passengers before starting the elaborate security procedure for searching the plane", a senior CISF official said.

Money The Sprint/T-Mobile merger may be off for good
Author: 0 The Sprint/T-Mobile merger may be off for good

SoftBank Group's talks to merge USA unit Sprint with T-Mobile US have hit a serious snag, according to people familiar with the matter, throwing the deal into jeopardy after months of talks. Trading of Sprint, a subsidiary of the Japanese telecom firm SoftBank, was halted for volatility before the shares fell by as much as 13%. Instead of the merger , the company would make a " significant investment in its network ".

Money PM Modi meets journalists at 'Diwali Milan', recalls good old days
Author: 0 PM Modi meets journalists at 'Diwali Milan', recalls good old days

The media should watch how the parties function, how the leadership emerges, how democratic values and ideology are being practiced in the parties. The sources in the party said that the party cadres were instructed by Mr. "It is because the size of the party has grown, making it hard to give intense training and communicate", he said. It is a challenge for us also that in this rapidly expanding scenario, how should be our communication, how should we interact, how to sustain and expand an ...

Money Construction Industry Benefits From Consecutive Quarterly GDP Gains, Says ABC
Author: 0 Construction Industry Benefits From Consecutive Quarterly GDP Gains, Says ABC

The third quarters overall performance follows a second quarter during which the economy expanded at roughly the same annual rate (3.1 percent). Hassett said the plan to slash the corporate tax rate from 35 percent to 20 percent could increase the size of the US economy by $700 billion, to $1.2 trillion over a decade.

Author: 0 Jeff Bezos Is Now the World's Richest Person

Jeff Bezos is rich. Microsoft shares had climbed close to 7 per cent at the same time, also as a result of its third quarter earnings announced on Thursday at Wall Street's closing bell. On July 27, Amazon's share price topped $1,050 and Bezos' paper fortune soared past $90 billion. Gates has given away nearly 700 million Microsoft shares and US$2.9 billion of cash and other assets since 1996, according to an analysis of his publicly disclosed giving.

Author: 0 Ford Motor Company Q3 2017 Earnings Boost Stock

They expect this year's earnings to rise 3.87% year-over-year to $2.95, followed by 2.37% growth in the next year to $3.02. According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.9 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell.

Money US Congress passes budget, paving way for tax debate
Author: 0 US Congress passes budget, paving way for tax debate

In a sense, it hasn't even begun. House Ways and Means Committee Chairman Kevin Brady said that the tax reform legislation will be introduced Wednesday. "These tax cuts will not create an economic boom, but will instead lead to a higher concentration of wealth among the rich, while dramatically increasing deficits and debt", said Rep.

Money Asia billionaires overtake USA for first time led by China
Author: 0 Asia billionaires overtake USA for first time led by China

The billionaires possess more wealth than GDP of the whole European Union. Total billionaire wealth soared to $6 trillion in 2016, with one billionaire created every two days in Asia, UBS reported in a study published Thursday. Additionally, most of these billionaires are sole or part owners of companies that directly employ 27.7 million people, about equal to the working population of the U.K., CNBC adds.

Money Sensex, Nifty Close At New Peaks On Earnings Cheer
Author: 0 Sensex, Nifty Close At New Peaks On Earnings Cheer

The broader 50-share Nifty finished at its fresh lifetime high of 10,295.35, up by 87.65 points, or 0.86 per cent. Stressing that the macro fundamentals of the economy are strong, Finance Minister Arun Jaitley announced the ₹5.35 lakh crore BharatMala Pariyojana to construct 34,800 km of highways and an aggressive ₹2.11 lakh crore capitalisation plan for public sector banks .

Money Bloodhound supersonic vehicle has first public test drive
Author: 0 Bloodhound supersonic vehicle has first public test drive

While a large crowd is expected to witness the trial run live, those who can't be present can still watch the test via the stream below from Bloodhound's official YouTube channel. Project leaders say the tests are a huge step towards realising the car's 1,000mph goal since its inception in 2008. The ultimate aim of Bloodhound SSC is to not only break that record but reach a knuckle-whitening 1000mph in the South Africa desert.

Money BJP to celebrate Nov 8 as 'anti-blackmoney day'
Author: 0 BJP to celebrate Nov 8 as 'anti-blackmoney day'

He pointed out that sale of gold through digital transactions doubled this time on "dhanteras" festival. Senior Congress leader Anand Sharma on Wednesday also said that the central government's Rs 2.11 lakh crore bank recapitalisation plan, announced on Tuesday, coupled with the approval of highway projects worth Rs 7 lakh crore to spur the economy, is akin to giving a "bottle of glucose" to a patient on a "ventilator".

Money Twitter Inc (TWTR) Shares Surge As Earnings Beat, User Growth Accelerates
Author: 0 Twitter Inc (TWTR) Shares Surge As Earnings Beat, User Growth Accelerates

Twitter Chief Executive Jack Dorsey said on a conference call that the company was trying out ways to attract and engage more users. The social media giant said adjusted operating profit rose to 207 million U.S. The decline in quarterly revenue was the third since Twitter's debut as a public company in 2013 and raised concerns about growth among some analysts.

Money Air India steps up security procedure for US-bound flyers
Author: 0 Air India steps up security procedure for US-bound flyers

The US government announced that travellers on all inbound worldwide flights could be questioned by airline staff before being allowed to board aircraft. US carriers will also be affected by the latest rules. "We were already doing so by strict checking of passport and visas at check-in counters and also asking (some) passengers about the objective of their visit and baggage content".

Author: 0 Amazon (AMZN) 3rd Quarter Earnings: What To Expect

The institutional investor owned 36,865 shares of the e-commerce giant's stock after selling 3,300 shares during the period. Fidelity Management and Research Company is the second biggest holder with 18 million shares now valued at 17.44 B million whilst T.

Money Amazon Will Soon Be Able to Deliver Packages INSIDE Your House
Author: 0 Amazon Will Soon Be Able to Deliver Packages INSIDE Your House

Members can also grant home access to friends, family and others using the Amazon Key app. Interested parties must also buy a $250 installation kit and have "a degree of trust in granting delivery drivers access to your home", according to The Chicago Tribune .