Economy

San Antonio Spurs Sign LaMarcus Aldridge to Contract Extension

San Antonio Spurs Sign LaMarcus Aldridge to Contract Extension Aldridge always seemed like a weird fit in San Antonio and he was heavily criticized for his play down the stretch last season, so this is pretty surprising. This extension comes as a surprise to many, with Aldridge reportedly on the trade block this off-season. While the situation might not be optimal for either side, Aldridge will now presumably be a Spur for the next few years unless he get... [Full Article...]

NZ's KlickEx partners with IBM to launch Blockchain-based payments network

NZ's KlickEx partners with IBM to launch Blockchain-based payments network Traditionally, cross-border payments have involved numerous intermediaries who initiate, clear, and finalize any transaction involving multiple currencies. The tech allows parties to access financial transactions that could be prone to delays. In one example, IBM said its service could be used to connect a farmer in Samoa with a buyer based in Indonesia, while covering more than just the payment... [Full Article...]

Harley-Davidson, Inc. (HOG) Reports Insider SYLVESTER MARYROSE's bought Of 2654 Shares

Harley-Davidson, Inc. (HOG) Reports Insider SYLVESTER MARYROSE's bought Of 2654 Shares Institutional ownership is usually beneficial to a stock price initially, but very high institutional ownership has several shortcomings. Finally, Stifel Nicolaus reissued a buy rating and issued a $48.00 price target (down from $51.00) on shares of Harley-Davidson in a report on Tuesday, October 10th. [Full Article...]

Trump's net worth drops $600 million on Forbes list of richest Americans

Trump's net worth drops $600 million on Forbes list of richest Americans America's richest may be getting richer but President Donald Trump's fortune has slid by $600 million to $3.1 billion, according to a list of 400 billionaires released by Forbes magazine on Tuesday. 122 on Forbes list. The new Forbes report also reveals the bar has never been set higher for being ranked among the 400 richest Americans . Trump has tweeted about the Forbes 400 list be... [Full Article...]

The New Food Order and Delivery Service brought to you by Facebook

The New Food Order and Delivery Service brought to you by Facebook Rather than contending specifically with other food delivery organizations, Facebook is collaborating with a few industry players on this new service that includes EatStreet, Delivery.com, DoorDash, ChowNow, Olo , Zuppler, and Slice. "Today, we're taking the time out of finding what you want to eat by officially launching the ability to order food for pick-up or delivery, directly on Facebook ... [Full Article...]

Bank of America Corp (BAC) Earnings: 10 Things to Know About Q3

Bank of America Corp (BAC) Earnings: 10 Things to Know About Q3 BidaskClub upgraded Bank of America Corporation from a sell rating to a hold rating in a research report on Friday, August 4th. Several other research analysts also recently commented on BAC . Bank of America Corporation has a 1-year low of $15.90 and a 1-year high of $26.30. Bank of America Corporation (NYSE: BAC ) last posted its quarterly earnings results on Friday, October 13th. [Full Article...]

Girls will soon be able to join Boy Scouts

Girls will soon be able to join Boy Scouts While Girl Scouts grant the roughly equivalent Gold Award , it has arguably not been afforded the same level of recognition among the general public - though that does seem to be changing as the Girl Scouts have gained prominence. Speaking as someone who has kept his Order of the Arrow sash for almost 30 years, the Boy Scouts of America lost my almost all of my remaining respect today. [Full Article...]

Samsung Electronics CEO resigns, even as record profits expected

Samsung Electronics CEO resigns, even as record profits expected Lee was found guilty of bribery and other corruption charges in August. This is a completely unrelated issue, apparently, which came to light earlier this week courtesy of a report which asserted that Kwon Oh-hyun, Samsung's acting Chief Executive Officer of 32-years, will be resigning in March, 2018, citing an "unprecedented crisis" of vague proportions. [Full Article...]

India's retail inflation static at 3.28% in September

India's retail inflation static at 3.28% in September The YoY CPI dropped to 3.44 per cent in urban areas and 3.15 per cent in rural areas in September as compared to 3.64 per cent and 5.04 per cent respectively in the corresponding period a year ago. The August intermediate goods output is at -0.2 per cent, against -1.8 per cent in July. Primary goods' production grew sharply at 7.1 percent in August as compared with 2.3 percent jump last month. [Full Article...]

Amazon's new plan aims to get teens hooked

Amazon's new plan aims to get teens hooked Amazon will allow parents to scrap the approval setup in favor of setting spending limits, too, the company says. "We've listened to families and have built a great experience for both teens and parents". For Amazon, getting teens to shop now could turn them into customers for the rest of their lives, said Brendan Witcher, an e-commerce industry analyst at Forrester. [Full Article...]

USA shale producers called to OPEC balancing effort

USA shale producers called to OPEC balancing effort Brent closed 2 percent higher the previous day. With West Texas Intermediate, the USA benchmark for the price of oil, trading at a significant discount to most other rival grades, industry analysts said it's likely that more, not less, US crude oil will wind up on the global market. [Full Article...]

Nobel Prize 2017: Richard H. Thaler Wins Nobel for Economic Science

Nobel Prize 2017: Richard H. Thaler Wins Nobel for Economic Science And perhaps "his empirical findings and theoretical insights have been instrumental in creating the new and rapidly expanding field of behavioral economics". Other countries like UK, USA and Australia also have such units. "I will say that I will try to spend it as irrationally as possible", he said. It was not part of the original group of awards set out in dynamite tycoon Nobel's 1895 will. [Full Article...]

Qualification 'all that matters' for Kane and England

Qualification 'all that matters' for Kane and England They now turn their attention to an away trip to Lithuania tomorrow, however the pressure is now off having wrapped up qualification. England secured their place at the tournament in Russian Federation with a game to spare and manager Gareth Southgate has opted to replace Joe Hart with Butland. [Full Article...]

United States is still trading with North Korea despite sanctions

United States is still trading with North Korea despite sanctions The United States now considers all forms of North Korean labor slave labor. Shipping records showed that more than 100 cargo containers with more than 2,000 tons of salmon, snow crab and other fish were sent to the United States and Canada from factories where North Koreans worked, AP said . [Full Article...]

Las Vegas Shooter's Girlfriend Marilou Danley Speaks Out After Deadly Attack

Las Vegas Shooter's Girlfriend Marilou Danley Speaks Out After Deadly Attack The fuel tanks were in the line of sight during Mr Paddock's attack on concert-goers, but it is not known if he was specifically targeting the containers. Posted a photo of the weapon used by the 64-year-old shooter Steven Paddock that killed 59 people in Las Vegas during the festival of country music. [Full Article...]

J&K: 3 terrorists killed in encounter with security forces near Srinagar Airport

J&K: 3 terrorists killed in encounter with security forces near Srinagar Airport Three others security personnel also sustained injuries in the early morning attack, claimed by the Pakistan-based outfit Jaish-e-Mohammed (JeM) which is blamed for similar strikes at Indian security bases including one at Uri in September a year ago that killed 18 soldiers. [Full Article...]

Verizon reveals Yahoo data breach affected all 3 billion accounts

It has been disclosed that accounts of every Yahoo user back in 2013, that is 3 billion were compromised in one of the biggest hacks ever. In a highlighted statement , where Yahoo informs or users about 2 billion affected by attack, hackers were unable to capture credit card and bank account information. [Full Article...]

Pound Falls As UK Factory PMI Rises Less-than-expected

Pound Falls As UK Factory PMI Rises Less-than-expected Where an increase in output was registered, this was mainly due to rising intakes of new business. PMI is an indicator of manufacturing sector's health based on sub-components such as new orders, output, employment, suppliers' delivery times, and stocks and purchases. [Full Article...]

General Motors promises more electric vehicles, paid for by SUVs

General Motors promises more electric vehicles, paid for by SUVs A lot of countries have been approving laws that will decrease the use of fuel cars for the sake of a better future. What's more, GM is confident that its work in developing pure battery electric vehicles has paid off in reducing costs of the technology. [Full Article...]

Georgia v Wales: Gareth Bale faces fitness test before qualifier

Georgia v Wales: Gareth Bale faces fitness test before qualifier Real Madrid are running rampant in the Champions League this season, but this weekend they're playing in La Liga , which has been a much different story. Ramos was next to come close as the Real Madrid skipper met a Ronaldo cross at the far post, and his header brought a wonderful save from Pau Lopez . [Full Article...]


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