Money

Money Amazon's Jeff Bezos is worth over $100 billion amid Black Friday frenzy
Author: 0 Amazon's Jeff Bezos is worth over $100 billion amid Black Friday frenzy

The hike in Mr Bezos's wealth had soared by $32.6bn this year up until Thursday, with the extra $2.4bn landing in his pocket ahead of the consumer frenzy, and secures his position as the world's richest man. Jeff Bezos arrives for the third day of the annual Allen & Company Sun Valley Conference, July 13, 2017 in Sun Valley, Idaho. Bezos' increase in net worth this year is partly due to an exceptionally profitable year for Amazon, which saw the acquisition of Whole Foods.

Money S&P slashes S Africa's credit rating
Author: 0 S&P slashes S Africa's credit rating

Moody's Investors Service then announced that it had placed the Baa3 long-term issuer and senior unsecured bond ratings of the government of South Africa on review for downgrade. It followed a similar announcement by third major ratings agency Fitch, affirming South Africa's rating at sub-investment or junk status on Thursday.

Money HPE CEO Meg Whitman to step down in 2018 ars_ab.settitle(1208935)
Author: 0 HPE CEO Meg Whitman to step down in 2018 ars_ab.settitle(1208935)

Two years ago, she oversaw the biggest corporate split (by revenue) in history, breaking HP and Hewlett-Packard Enterprise apart, staying on as CEO of HPE . She continued on as CEO of HPE and sat on the board of HP until July 2017 . "I have tremendous confidence that they will continue to build a great company that will thrive well into the future".

Money CBS and Dish Reach Agreement to End Blackout
Author: 0 CBS and Dish Reach Agreement to End Blackout

CBS Corporation and Dish Network Corporation have reached a multi-year agreement for carriage of CBS owned stations across the country, as well as CBS Sports Network, as well as Pop and Smithsonian Channel. In total, 28 local channels in 18 markets across 26 states were pulled off the air until the two companies came to an agreement. "We are pleased we have reached a deal with Dish, who recognizes the value that the No.

Money Buoyed by mobile, Black Friday shopping off to strong start
Author: 0 Buoyed by mobile, Black Friday shopping off to strong start

Online fashion retailer ModCloth, for example, announced this year that its website would shut down on Black Friday and the company would donate US$5 million worth of merchandise to a non-profit organization. "The big story this holiday season is in mobile shopping". Over the past few days, I've been hunting for the best video games deals I could find ( to follow up on my best consoles deals post ), and discovered that some of my favorite games of 2017 are on sale at steep discounts for ...

Money DOJ sues to challenge AT&T-Time Warner merger
Author: 0 DOJ sues to challenge AT&T-Time Warner merger

Earlier this month it was reported that Justice Department officials had demanded that AT&T sell off CNN's parent company from Time Warner as a condition for regulatory approval, raising questions about whether President Trump was intervening in the deal to retaliate against CNN for its critical coverage of him.

Money Deere & Company Stock Jumps on Q4 Earnings Beat
Author: 0 Deere & Company Stock Jumps on Q4 Earnings Beat

QCI Asset Management Inc. In the USA and Canada, Deere's biggest market, net equipment sales were up 23 percent in the latest quarter. Brown Advisory Inc. Deere & Company's beta is 0.75 whilst the stock has an average true range (ATR) of 1.97. John Deere Capital Corp .: JDCC reported net income of $101.4 million for the fourth quarter and $328.4 million for the full year.

Money Net Neutrality Affects You - Here's How
Author: 0 Net Neutrality Affects You - Here's How

Pai said in a statement that repealing the rules will free the internet from micromanaging by the government. "We don't block or throttle consumer access to the internet, and we don't use consumer data. Many were critical of Pai's announcement and vowed to fight it. [T] he process the FCC has employed to consider potentially sweeping alterations to current net neutrality rules has been corrupted by the fraudulent use of Americans' identities - and the FCC has been unwilling to assist my ...

Money United States charges alleged HBO hacker
Author: 0 United States charges alleged HBO hacker

From approximately May to July, the Justice Department said Mesri successfully compromised multiple user accounts belonging to HBO employees and other authorized users, and then repeatedly obtained unauthorized access to HBO's computer servers.

Money Uber Paid Hackers $100000 to Hide a Major Data Breach
Author: 0 Uber Paid Hackers $100000 to Hide a Major Data Breach

The stolen information included names, addresses, phone numbers, and emails of 50 million people around the world who have used the service. The personal information of about 7 million drivers was accessed as well, including some 600,000 US driver's license numbers.

Money Uber Signing Deal to Own 24000 Autonomous Motor-Vehicles from Volvo
Author: 0 Uber Signing Deal to Own 24000 Autonomous Motor-Vehicles from Volvo

Volvo XC90 comes with wide range of features like Pilot Assist 2, Power Pulse, Volvo On Call app and can get to speeds of up to 130km/hr. Under the deal, Uber will purchase the XC90 SUVs (Sport Utility Vehicles) from the Swedish company, which is now owned by Chinese Zhejiang Geely Holding.

Money Flames From Massive Oakland Co. Gas Line Fire Visible For Miles
Author: 0 Flames From Massive Oakland Co. Gas Line Fire Visible For Miles

Oakland County sheriff's officials say the blast area, located in Orion Township on the north of Brown Road and west of Joslyn Road, is almost 40 yards in diameter. A spokesperson says what happened was very rare and the cause of the rupture is under investigation. Auburn Hills police tweeted that areas in Orion Township were being evacuated as a precaution.

Money Gas prices dip just in time for busy holiday travel
Author: 0 Gas prices dip just in time for busy holiday travel

Gas prices in the Athens area ranged Monday from $2.29 per gallon at Marathon on US 72 and Zehner Road to $2.16 per gallon at Murphy USA, according to GasBuddy.com. "A strong economy and labor market are generating rising incomes and higher consumer confidence". More Virginians are spending their Thanksgiving holiday away from home this year.

Money MPs move to limit gig economy
Author: 0 MPs move to limit gig economy

Employers that wrongly classify their workers as self-employed should be fined, two House of Commons committees proposed this week in what would amount to a major clampdown on the concept of false self-employment. Unfortunately, under the current Government that doesn't seem very likely and one study suggests that if no action is taken 40% of United States jobs will be in the gig economy by 2020.

Money Merkel prefers new elections for Germany
Author: 0 Merkel prefers new elections for Germany

Germany's Social Democrats (SPD) said Monday they remained opposed to forming a coalition with Chancellor Angela Merkel's conservatives and would push for a new general election. While President Frank-Walter Steinmeier said he doesn't favour snap elections, the clock is ticking. The political uncertainty over Merkel's failure to form a three-way coalition government initially triggered a fall in the euro last night and a drop in Germany's Dax index early today.

Money 10 tips for Black Friday shopping
Author: 0 10 tips for Black Friday shopping

Scope Out the Best Deals Ahead of Time - Make sure you scope out the best deals ahead of time to make the most of your Black Friday. When you think about Black Friday, one word tends to come to mind: sales. Another thing to watch out for on Black Friday is sales on older models. A NerdWallet analysis confirms that this is indeed a common practice. While many retailers have started opening their stores on Thanksgiving Day to start their Black Friday sales early, some retailers have chosen to ...

Money London Buses Will Soon Run on Recycled Coffee Grounds
Author: 0 London Buses Will Soon Run on Recycled Coffee Grounds

Bio-bean, a technology company that recycles ground coffee, said it has produced enough coffee oil to run one bus in the capital for a year. The TfL is adding the biofuel to the London bus fuel supply chain without the need for modification to power some of the buses.

Money Trader Joe's chicken and turkey salads recalled for possible glass fragment contamination
Author: 0 Trader Joe's chicken and turkey salads recalled for possible glass fragment contamination

All the products have the use by dates of November 10-21st. The products have the establishment number "P-40299" inside the USDA mark of inspection. Consumers who have bought the product should throw the item away or return to the store for a refund. Trader Joe's said products with other "inspected" codes were not affected because they were created at separate sites.

Money Tesla's latest 'moonshot' is an all-electric semi truck
Author: 0 Tesla's latest 'moonshot' is an all-electric semi truck

Musk said he wouldn't confirm the top speed, but hinted that it was "above 250 miles per hour". "This will the first time that any production auto has broken 9 seconds in the quarter mile", Musk said. Another guarantee is a full refund if the windscreen doesn't survive a thermonuclear blast Musk said it will be able to keep up a speed of 65 miles per hour while going up a 5 percent grade.

Money Inside ICE's Controversial Crackdown On MS-13
Author: 0 Inside ICE's Controversial Crackdown On MS-13

Immigration and Customs Enforcement as part of the ongoing effort to target and dismantle the violent street gang. "This successful operation continues our efforts to attack MS-13 - both domestically and overseas - disrupting their financial networks", said Homan.

Money Carper reacts to tax reform bills
Author: 0 Carper reacts to tax reform bills

Conference of Catholic Bishops' committees outlined what they called "many deficiencies" in the bill and that the bill places "new and unreasonable burdens on families". "Most people hate the IRS and we hate to file". - Omission of the "above-the-line" charitable deduction, which could result in up to $13 billion in lost charitable contributions annually.

Money Comcast, Verizon join race for Fox assets
Author: 0 Comcast, Verizon join race for Fox assets

Department of Justice, which now is poring over another blockbuster combination, AT&T's proposed $85-billion takeover of media company Time Warner Inc., which includes HBO, CNN, TBS and the Warner Bros. At the same time, United States telecom and pay TV giant AT&T is seeking to close its planned $85 billion deal for media-entertainment group Time Warner amid concerns of a USA antitrust lawsuit.

Money Reeling in Gains as Shares Move Higher: Foot Locker, Inc. (NYSE:FL)
Author: 0 Reeling in Gains as Shares Move Higher: Foot Locker, Inc. (NYSE:FL)

Since Nike confirmed plans to sell a limited product assortment on Amazon's USA website, sales of Nike footwear on Amazon have outpaced those at Foot Locker . Therefore 40% are positive. Foot Locker has a 12-month low of $28.42 and a 12-month high of $79.43. $60.92's average target is 95.32% above currents $31.19 stock price.

Money Keystone Pipeline spill comes on eve of decision on Keystone XL
Author: 0 Keystone Pipeline spill comes on eve of decision on Keystone XL

The pipeline delivers oil from Canada to refineries in IL and Oklahoma. A total of 210,000 gallons of oil leaked Thursday from the Keystone Pipeline in South Dakota, the pipeline's operator, TransCanada, said. The Keystone XL project would move crude oil from Alberta, Canada, across Montana and South Dakota to Nebraska, where it would connect with existing pipelines feeding refineries along the Gulf Coast.

Money Abercrombie & Fitch: Q3 GAAP net income increases to 0.15 dollar
Author: 0 Abercrombie & Fitch: Q3 GAAP net income increases to 0.15 dollar

Shares of Abercrombie & Fitch ( ANF ) traded down $0.10 during trading on Friday, reaching $12.55. On September 22 Robert W. Baird made no change to the company rating of "Neutral" with a current price target of $15.00. The ex-dividend date is Wednesday, March 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 6.32%. Ing Groep Nv invested 0.04% of its portfolio in Abercrombie & Fitch Co.

Money Moody's upgrades India's ratings: 10 things you need to know
Author: 0 Moody's upgrades India's ratings: 10 things you need to know

In its biggest single-day surge in six weeks, the rupee gained 31 paise to end at a one-week high of 65.01 against the dollar. "The rating agency too has now confirmed it formally, which is welcome". At the same time, Moody's says India's high debt burden remains a constraint on the country's credit profile with the government's reform measures reducing the risk of a sharp increase in indebtedness.

Money Tesla unveils semi-truck and surprises fans with new Roadster
Author: 0 Tesla unveils semi-truck and surprises fans with new Roadster

It was a typical Tesla event, full of twists, shocks, and plenty of smoke and mirrors. With its maximum towing weight and a constant 60mph, the Semi Truck has a range of 500 miles on a single charge. It's not clear where or when we can expect to see these new stations popping up or how much it will cost to use them, but Musk said the first Semi's will being production in 2019.

Money Massachusetts Jobless Rate Dips in October
Author: 0 Massachusetts Jobless Rate Dips in October

Pennsylvania's unemployment rate reached a 10-year low in October, according to new data released Friday by the state Department of Labor & Industry. The number of Rhode Island-based jobs was up by 4,600 from a year ago. Employment and unemployment were both down, as well. Omaha's unemployment rate for October was 2.4 percent, down from 2.7 percent in September and 3.1 percent in October of past year.

Money Norway wealth fund plans to drop oil and gas stocks
Author: 0 Norway wealth fund plans to drop oil and gas stocks

Matsen said the decision does not reflect a particular view on energy prices or the sustainability of the sector. Norges Bank manages Norway's $1 trillion (£758bn) sovereign wealth fund on behalf of the government. Matsen emphasised that the recommendation is to remove oil and gas stocks from its benchmark index but that it wants to keep them as part of its "investment universe".

Money Japanese Rail Company Apologizes After Train Leaves 20 Seconds Early
Author: 0 Japanese Rail Company Apologizes After Train Leaves 20 Seconds Early

The Minami Nagareyama station is halfway on the line connecting Tsukuba, a city located in the northern Kantō region of Japan , to Akihabara station in Tokyo in less than an hour. 'The crew did not sufficiently check the departure time and performed the departure operation, ' the statement said. "I'm Japanese, and even I think it's excessive to make such a big deal out of a 20-second mistake, but as an American, how do you feel about it?" Delays are so rare, passengers can even be given a ...

Money AAA: 2017 to have most Thanksgiving travelers in 12 years
Author: 0 AAA: 2017 to have most Thanksgiving travelers in 12 years

Nearly 86 percent of local travelers - 3.3 million - will be going by vehicle to their destinations, a 3.5 percent increase from last year's 3.2 million auto travelers. It is the sixth consecutive year air travel has grown during the holiday, and now accounts now for 7.8 percent of all travel, its highest share since 2010, AAA said.

Money Crude oil, gasoline stocks up unexpectedly in latest week
Author: 0 Crude oil, gasoline stocks up unexpectedly in latest week

Gasoline inventories - one of the products that crude is refined into - rose by 894,000 barrels, confounding expectations for a draw of 919,000 barrels while supplies of distillate - the class of fuels that includes diesel and - fell by about 799,000 barrels, less than the expected decline of 1.3 million barrels.

Money Wal-Mart Stores, Inc. (WMT) receives consensus rating of 2.40
Author: 0 Wal-Mart Stores, Inc. (WMT) receives consensus rating of 2.40

Washington Natl Bank has invested 0.06% in Wal-Mart Stores Inc (NYSE: WMT ). Including fuel, United States comparable sales edged up 3% following a 1.1% rise previous year. Major News: Berkshire Hathaway Inc. sold shares in International Business Machines Corp.in the most recent quarter and bought more stock in Apple Inc.

Money Small retailers looking to get in on Black Friday 2017
Author: 0 Small retailers looking to get in on Black Friday 2017

The retailer has also revealed that, on Black Friday, it will offer more than 30 "deals of the day" and thousands of time-bound "lightning deals". We've already shared Black Friday 2017 plans from all the biggest retailers in the country, including the huge Black Friday sale Amazon announced just yesterday.

Money Sprint to bundle Hulu with Unlimited Freedom plan beginning November 17
Author: 0 Sprint to bundle Hulu with Unlimited Freedom plan beginning November 17

As for Sprint's Unlimited Freedom plan, it's listed at $25/month for the first four lines, with a fifth line being free. Unlimited Freedom customers will have free access to Hulu's Limited Commercials plan. The limited commercials plan offers access to Hulu's entire library of TV series and movies, including The Good Doctor , This is Us , The Mindy Project and originals like The Handmaid's Tale .