Economy

Jose Garcia Zarate Found Not Guilty Of Kate Steinle Murder, Twitter Reacts

Jose Garcia Zarate Found Not Guilty Of Kate Steinle Murder, Twitter Reacts This is really about the Steinle family. [The] Assistant District Attorney [-] spent much of the trial seeking to prove the gun that killed Steinle couldn't have fired without a firm pull of the trigger, while establishing that Garcia Zarate tossed the weapon into the bay before fleeing the scene - an implication of his guilt, she said. [Full Article...]

Big B feted with Indian Film Personality of the Year at IFFI

Big B feted with Indian Film Personality of the Year at IFFI Yesterday the news of Amitabh Bachchan being conferred with "Indian Film Personality of the Year Award" broke out and everyone poured in their wishes for the veteran actor. Amitabh Bachchan will next be seen in the film, Thugs Of Hindostan , however the Akshay Kumar's next upcoming is Padman . "You and I will not see poetic justice in lifetime perhaps several lifetimes". [Full Article...]

Uber Admits 2.7m UK Users Had Data Stolen In Hack

Uber Admits 2.7m UK Users Had Data Stolen In Hack So, on Wednesday, the regulators chose to form a task force to deal with the Uber breach , in which the company covered up the fact that hackers had stolen the details of 57 million users around the world. " Washington law is clear: When a data breach puts people at risk, businesses must inform them ", Ferguson said in the release. Uber has now started to reveal more information about what happen... [Full Article...]

Your Smartphone Just Killed Black Friday

Your Smartphone Just Killed Black Friday Adobe Digital Insights , which monitors roughly 80 percent of online spending at the top 100 retail websites in the country, says consumers spent a record $ 5 billion online during Black Friday. Online purchases continue to steal a bigger slice of the holiday shopping pie. Fundivo, a small business loan adviser, found that by 2015, 49 percent of Americans said they have shopped on Cyber Monday. [Full Article...]

Florida gas prices poised to rise as OPEC considers production cuts

Florida gas prices poised to rise as OPEC considers production cuts This is the second week in a row MI has seen a double-digit price drop, after an 11-cent decrease in the week preceding Thanksgiving. AAA analysts found gas for as low as $2.33 and as high as $2.65. Head of petroleum analysis for GasBuddy, Patrick DeHaan, says that now that Thanksgiving is over OPEC will meet to determine the fate of the cartel's oil production . [Full Article...]

More than 20000 Self-Driving Volvo XC90s heading for UBER

More than 20000 Self-Driving Volvo XC90s heading for UBER Uber already uses Volvo's XC90 as the testbed for its self-driving system, which is now undergoing trials in Arizona and Pittsburgh. Bloomberg said the deal involved 24,000 XC90s and that Uber's order boosts efforts to replace human drivers, the biggest cost in its on-demand taxi service. [Full Article...]

India has higher growth potential: Moody's

India has higher growth potential: Moody's The Nifty crossed the 10,300-mark but ended at 10,283.60, up 68.85 points. The rupee reached an intra-day high of Rs 64.62 per dollar before closing at 65.02 per dollar, up 0.47 per cent from its Thursday's close of 65.32. The second quarter's numbers would be out by the end of this month. Moody's expects GDP growth to moderate to 6.7 per cent in the fiscal year ending in March 2018. [Full Article...]

Tax Cut Act Passes Out Of Ways And Means Committee

Tax Cut Act Passes Out Of Ways And Means Committee Collins and Reed, whose support for a budget blueprint were the deciding votes, lost only two of their conference's upstate members - Rep. Elise Stefanik, R-Willsboro, and Rep. $2 trillion is a staggering sum in relationship to the main economic drivers of the American economy - small business - and in terms of big business it is also huge - it is nearly the market value of Apple, Microsoft and Go... [Full Article...]

TransCanada pipeline leaks 210000 gallons of oil near SD, ND border

TransCanada pipeline leaks 210000 gallons of oil near SD, ND border The leak occurred just a few days before the Nebraska Public Service Commission is scheduled to make a November 20 announcement of its decision on whether to approve a permit to allow construction of the controversial long-delayed Keystone XL pipeline. [Full Article...]

SABC to broadcast 2023 World Cup Rugby announcment

SABC to broadcast 2023 World Cup Rugby announcment The news comes as a shock, as SA had been recommended by World Rugby's Board but the council members voted for France . In total, 39 votes were accumulated based on the breakdown of different countries' weights to determine who would host the Rugby World Cup in 2023. [Full Article...]

Warmer weather, rising non-OPEC output threaten oil market balance

Warmer weather, rising non-OPEC output threaten oil market balance U.S. West Texas Intermediate (WTI) crude was at $55.10 per barrel, down 60 cents, or over 1 percent. "Crude prices dropped dramatically after the IEA forecast a gloomy outlook for the near future". Meanwhile, Russia believes it's too early to announce a possible extension to output cuts at the group's producer meeting, according to two people with knowledge of the matter. [Full Article...]

Boeing vs Airbus: $77 billion in deals in under 2 hours

Boeing vs Airbus: $77 billion in deals in under 2 hours It will also see Airbus take 55% of the global market, and push the number of models sold above 5,500, since the launch of the A320neo in 2010 (compared to the 4,000 orders seen at Boeing since the launch of the rival 737 MAX). Emirates President Tim Clark urged Airbus SE to make firm commitments on the future of its A380 airliner, demanding certainty before placing a follow-up order that p... [Full Article...]

Embattled UK PM Theresa May faces crucial Brexit bill battle in Parliament

Embattled UK PM Theresa May faces crucial Brexit bill battle in Parliament However, Davis admitted that if there is no deal agreed before the March 2019 exit date then there will be no withdrawal agreement bill and therefore nothing for MPs to vote. On Tuesday, prominent Remain-supporting Tories also criticised an amendment tabled by the Government itself, which would include an European Union exit date of 11pm on 29 March, 2019 within the legislation. [Full Article...]

Brookfield Property Partners L (NYSE:BPY) Trading Down - Shorts Up 13.48%

Brookfield Property Partners L (NYSE:BPY) Trading Down - Shorts Up 13.48% First Manhattan Co. raised its stake in shares of Brookfield Property Partners L.P.by 7.5% in the 3rd quarter. Other equities research analysts also recently issued reports about the stock. ( NYSE BPY ) traded up $0.36 during trading on Monday, hitting $23.68. Brookfield Property and its parent company now hold three of the nine GGP board seats. [Full Article...]

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

A self-driving shuttle launched in Las Vegas - it didn't go well Las Vegas this week became the first city in the USA to integrate a self-driving shuttle bus into its regular flow of traffic. But, just an hour into its year-long trial (which follows a successful stint in January) the shuttle was hit by a delivery truck that was backing up. [Full Article...]

Google's Waymo Is Launching a Driverless Ride-Hailing Service

Google's Waymo Is Launching a Driverless Ride-Hailing Service Hawkins notes. Initially, they will be accompanied in the back of the vehicle by a Waymo employee, but once Waymo allows the public to travel alone an emergency stop button will be fitted to the test vehicles. During the early phases of trialling the company's autonomous systems, the newspaper says, test drivers were "falling asleep at the wheel while at 55mph on a motorway". [Full Article...]

Target selling fidget spinners with potentially unsafe levels of lead

A consumer advocacy group said they found fidget spinners sold at Target contained more than 300 times the lead levels allowed in children's toys . However, the fidget spinners are sold near children's toys in stores . "Safety is one of our top priorities", Howard Chizick, a spokesman for Bulls-I-Toys, said in an email. [Full Article...]

No-frills WOW air coming to JFK with $99 fares to Europe

No-frills WOW air coming to JFK with $99 fares to Europe WOW Air will join Delta Air Lines and its closest competitor, Icelandair, both of which already offer nonstop flights between the two airports. As always, the planes go via Reykjavik, the Icelandic capital, which is no bad thing if you fancy a stop off in a very cool city on the way to the Big Apple. [Full Article...]

Target Releases Black Friday Ad, Offers Early Access Deals

Target Releases Black Friday Ad, Offers Early Access Deals [Full Article...]

Apple 'moved offshore funds to Jersey' after Ireland tax crackdown

Apple 'moved offshore funds to Jersey' after Ireland tax crackdown At the start of 2015, the company restructured its affairs in Ireland, and changed the tax residency of Apple Sales International (ASI) and Apple Operations International (AOI) to Jersey , allowing them to maintain their ultra-low tax rates. [Full Article...]


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