Friday, 20 April 2018
Latest news
Home » Money


AWEA Concerned With House Tax Reform Bill Leaving Out PTC Agreement


American Wind Energy Association officials are concerned at language left in the House bill that eliminates the wind production tax credit along with the agreement to phase it out in 2019. Getting that money repatriated and invested in the USA economy could be YUUUGE - to use one of President Trump's favorite descriptors - in terms of creating new jobs. Read More »

Keystone pipeline leaks more than 200K gallons of oil


According to a release, a drop in pressure was detected and the estimated volume of the leak is 5,000 barrels. In April 2016, TransCanada shut down the pipeline after a local resident reported seeing oil seeping to the surface in South Dakota. Read More »

Voting breakdown for Rugby World Cup 2023 is very humbling


France on Wednesday won the right to stage the 2023 tournament as voted by members of the World Rugby Council in London. "The ability to submit clarification requests following the publication of the recommendation and comprehensive report on 31 October was agreed and permitted within the host selection process operated by World Rugby ". Read More »

India to drive energy demand growth: IEA


Just last week, prices for both crude benchmarks hit their highest levels since 2015. American crude stockpiles climbed by 1.85 million barrels last week to 459 million barrels, and production extended gains to an all-time high 9.65 million barrels a day, the Energy Information Administration said yesterday. Read More »

A self-driving shuttle launched in Las Vegas - it didn't go well


Had the driver of the delivery truck done the same, all would have been well. The shuttle was performing a test ride with passengers downtown when it was grazed by a delivery truck around noon, the city said. In return, the company will donate $1 per every passenger who rides the shuttle to those affected by the mass shooting in Las Vegas that took place in October. Read More »

NASA is working with Uber on its flying taxi project


The introduction of such machines into operation, the developers plan to 2023. Testing of this mode of transport will begin to run in 2020 in Los Angeles. But some experts don't think Uber is being overly ambitious. The plan is feasible from a technology perspective, but from a regulatory one it could take several years . Read More »

Waymo Testing Driverless Ride-Hailing Service on Public Roads


While self-driving auto companies test their vehicles in public, they routinely have a human in the driver's seat ready to take over if the technology fails. The company is also getting ready to initiate its first commercial driverless taxi service. Waymo is also signaling one of its potential business models for self-driving cars, in the form of a car-share service. Read More »

Fidget Spinners causing safety concerns again, lead found

Business Insider says that the legal limit for lead in a children's toy is 100 parts per million. For the " Fidget Wild Premium Spinner Brass ", the center circle tested for 33,000 ppm of lead, and the arm tested for 22,000 ppm of lead. Despite the loopholes, the research group sent their lead finding to Target and the company is still not pulling the spinners from their shelves. CoPIRG says lead exposure is particularly damaging for young children because of its impact on development. Read More »

Apple settled on Jersey for new tax shelter after Irish rule change


That report points out that Formula One driver Lewis Hamilton also appears among those involved, as part of a kind of financial soap opera. As Breitbart News reported in June 2016: "Tech companies, including Apple, Cisco Systems and Google pay lower overseas tax rates than their non-tech USA peers, such as Boeing or Johnson & Johnson". Read More »

Apple supplier Qualcomm confirms takeover approach by rival Broadcom

Broadcom also said that it's offer stands regardless of whether the NXP deal goes through or is terminated. The company is inclined to reject the bid as too low and fraught with risk that regulators would reject it or take too long to approve it, people familiar with the matter told Reuters . Read More »

Australia turns down NZ offer to take asylum seekers


Noting that all migrants, including refugees and asylum-seekers have a right to a safe and secure environment, a right to an adequate standard of living and to participate in the decision-making process that is affecting their future, Colville said: "Human dignity should be ensured throughout the entire processing of their asylum claims". Read More »

How captain Virat Kohli prepped for 29th happy birthday with brilliant fifty


The New Zealand captain Kane Williamson opted to bat first after winning the toss. He became only the third batsman to hit two T20i centuries. Mohammed Siraj will make his debut and has come in for now retired Ashish Nehra. Patel on the other hand started well, going for only four runs in his first over, but once Munro got set, India's spinners were taken to the cleaners. Read More »

Tesla is getting clobbered after disappointing results (TSLA)


The Motley Fool owns shares of and recommends Tesla . Some observers believe the Chevy model has been picking up customers who have begun writing off Tesla . He slashed his price target for Tesla Inc (TSLA) stock from $320 to $310 and reiterated his Hold rating. Tesla, Inc . (TSLA) has an operating margin of -6.70%. Read More »

Bitcoin surges past $7000 to reach all-time high


The snapshot record average high was based on the average price of Bitcoin across the globe with data taken from US, Japan , South Korea, Hong Kong, and European exchanges. The value of the bitcoins was estimated around $6300 just a day ago. There are three plausible scenarios, though only one leads to bitcoin becoming more mainstream. Read More »

Man trapped in gas station cooler stays overnight, drinks beer


The man said he decided he might as well just stay inside the cooler and drink the beer, the report said. Van Ert drank 3 cans of Four Loko and a 18oz Icehouse Beer while in the cooler, according to the police report. He also knocked over and busted three 30-packs of Busch Light . He was later arrested and taken into custody at the Wood County Jail on a probation hold in an unrelated case. Read More »

Dodgers Leave Ex-Tiger Granderson Off World Series Roster


But Granderson was even worse in the postseason, with one hit and eight strikeouts in 15 at-bats, and with Seager healthy, Taylor takes center back over, leaving Granderson without a place. McCarthy has appeared in just three games, totaling six innings, since July 20 because of a right knee injury and a blister on his pitching hand. He may start there when the series shifts to Houston, where Seager can be the designated hitter. Read More »

Oil prices rise on tightening supply, strong demand


On the New York Mercantile Exchange crude futures for December delivery rose 0.10% to $51.95 a barrel, while on London's Intercontinental Exchange, gained 0.05% to $57.40 a barrel. Potential further steps by OPEC, rising global oil demand and the reduction in USA drilling and its crude oil stocks are some of the factors that could raise oil prices in the short term, said Frank Schallenberger, head of commodity research at Landesbank Baden-Wuerttemberg. Read More »

WeWork buys oldest luxury store in US


HBC announced the deal as part of a series of strategic transactions with WeWork Companies, Rhone Capital and an affiliate of WeWork Property Advisors, a joint venture between WeWork and Rhone. "This is a transformative partnership that rethinks how retailers create exciting environments and leverage less productive space, while substantially improving the value proposition", said Richard Baker, HBC's governor, executive chairman and interim CEO. Read More »

High gas prices may crimp holiday spending, AAA finds


That, coupled with Hurricane Irma's mass evacuations that caused demand to spike across Florida, pushed the state average to a three-year high of $2.73 in mid-September. Drivers in Columbia are paying an average $2.20 a gallon. In nearby San Bernardino and Riverside, prices dropped to $2.94 per gallon and $2.97 per gallon respectively. Read More »

Vegetables sold at Albertsons, Walmart, Trader Joe's part of massive recall


There haven't been any reported cases of people falling ill from consuming any contaminated product, but it's better to be safe than sorry, of course. Whole Foods recalled Veggie Power Blend, Sesame Chicken Power Salad, and Mexican Chicken Power Salad salads sold by the pound at 10 Northern California stores from September 28 through Friday. Read More »

'Linking Aadhaar with bank accounts mandatory': RBI's diktat has Twitter divided


And the RBI clarified that linking up of Aadhar card with bank accounts is not mandatory from now onwards. Meanwhile, the RBI said that the anti-money laundering rules have to be implemented by the banks without any further delay. The RBI, in its reply, said it has not filed any petition before the Supreme Court, which has said Aadhaar is not illegal and privacy is not absolute. Read More »

Trump Erroneously Credits Rise In UK Crime To 'Islamic Terror'


Citing the rise of violent crime in the United Kingdom, President Trump on Friday urged Americans to stay vigilant on this side of the Atlantic as jihadis continue exporting terror to the West. "Donald Trump would be better placed looking at issues in his own country such as the huge number of deaths from gun violence". The ONS said police had recorded 5.2m offences in the year to June, ranging from gun crime, knife crime, robberies, sexual offences, stalking and harassment, burglary and ... Read More »

Trump Offered Family Of Killed Soldier $25000 And Didn't Follow Through


A check for $25,000 from President Donald Trump to the family of a slain soldier is in the mail, the White House says - after the solider's family said they had never received the promised money. "The President has personally followed up several times to ensure that the cheque was being sent". When Trump did eventually make a call to the grieving family of La David T. Read More »

Dow Jones sails past 23000 milestone, hitting record highs

The Dow Jones industrial average rose 40 points, or 0.2%, to 22,997; earlier in the day, it was above 23,000. The Nasdaq Composite Index was down 0.35 points or 0.01 per cent to 6,623.66. The Dow added 285.88 points, or 1.3 percent. Six of the 11 major S&P sectors were lower, led by 1.32 percent drop in the telecom services index. The Nasdaq climbed 18.42 points, or 0.3 percent. Read More »

Ford recalls 1.3M F-Series pickups, including 2017 Super Duty


The Problem: Frozen door latches, as well as bent or kinked actuation cables, may cause the door not to open or close properly. The automaker said it is not aware of any accidents or injuries associated with the latch issue. Model-year 2017 Super Duty trucks built at the Kentucky Assembly Plant between October 8, 2015 and September 1, 2016 are also included. The F-150 pickup has consistently been the best selling vehicle in the country for decades. Read More »

Stock to Keep Your Eyes on: Time Warner Inc. (TWX)


The portion of a company's profit allocated to each outstanding share of common stock was $5.41 a share in the trailing twelve months. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Time Warner by 4.0% during the second quarter. Read More »

Carney and new MPC colleagues throw doubt on interest rate hikes


Michael Hewson, chief market analyst, at CMC Markets, said: "As it is several members of the MPC have signalled that rates could move in the coming months and while we're hearing some stark warnings about the risks of reversing last year's rate cut, the bond markets have already made the adjustment and already priced it in". Read More »

Flight 666 to HEL on Friday the 13th Arrives Safely


But the airline is changing its flight numbers, which means it was AY666's last Friday the 13th trip to HEL. Flight 666 , which departed on the 13th hour of October 13 and headed straight for HEL (Helsinki, Finland), has arrived safely and ahead of schedule. Read More »

Wells Fargo $1 billion accrual due to talks with US Justice Department


About 416,881 shares traded. More notable recent Wells Fargo & Co (NYSE: WFC ) news were published by: which released: " Wells Fargo executives, board must face lawsuit over fake accounts, federal ..." on October 05, 2017, also with their article: "Wells Fargo's CEO Will Tell Lawmakers of Dramatic Transformation" published on October 02, 2017, published: " Wells Fargo : The Declines Are Over" on September 24, 2017. Read More »

Need Something From Target? Ask Google Assistant


The voice-command service also will be available soon via the Google Assistant function on eligible Android phones and iPhones. The search - part of Target's deal with Google - follows a similar announcement by Pinterest regarding a deal in which the two companies will focus on developing products and services related to visual search . Read More »

Bitcoin bursts through $5000 for the first time

Bitcoin smashed through the US$5000 (NZ$7000) barrier for the first time, jumping as much as 8 percent on the day as investors shrugged off the latest warnings on the risks of buying into the booming cryptocurrency market. High Bitcoin transactions show the high levels of interests the public has on Bitcoin . Bitcoin , a virtual currency created from computer code, was worth only a few USA cents was launched in 2009 by someone using the Japanese-sounding name Satoshi Nakamoto. Read More »

How Analysts Rated GKN plc (LON:GKN) Last Week?


Among 2 analysts covering EG Solutions PLC ( LON:EGS ), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 14% are positive. T.F. & J.H. Braime has a 12 month low of GBX 765.00 and a 12 month high of GBX 900.00. Mizuho downgraded the stock to "Neutral" rating in Monday, October 26 report. Citigroup maintained it with "Buy" rating and $96 target in Friday, July 21 report. Read More »

GST Council to continue rationalising rates, says Shukla

The government has also reduced the GST on products such as unbranded savory snacks, roti and unbranded ayurvedic and homeopathic medicines to 5 percent. Finance Minister Arun Jaitley on Friday chaired a meeting of the council for the Goods and Services Tax (GST), a landmark reform which turned India's 29 states into a single customs union for the first time. Read More »

Whole Foods near Allentown involved in data breach


The benefit to Amazon is the ability to take a healthy food product to a mass market. Thasos Group , an alternative data intelligence firm, published a research report , "Competitive Impact of Lower Prices at Whole Foods", analyzing numbers, composition and behavior of new customers at Whole Foods stores following significant price reductions in the wake of the chain's acquisition by Amazon .com August 28. Read More »

Your Netflix Bill Is Going Up


Customers will be given at least 30 days notice of the price increase. Meanwhile the basic plan, which allows for one screen and SD viewing, will remain unchanged at $8 per month. In the United Kingdom, it's going from £7.49 to £7.99 a month. Netflix's latest price increases will roll out to USA subscribers over the next couple of months, and be fully in place in December. Read More »