• Gothamist, DCist and LAist are coming back from their sudden deaths

    Gothamist, DCist and LAist are coming back from their sudden deaths

    Money

    An article from Wired states that "the deal was spearheaded by Gothamist founders Jake Dobkin and Jen Chung", with the anonymous donors contributing an "undisclosed" sum. Now, a trio of public radio stations including WAMU are buying that network from Ricketts. There's been a severe lack of local news coverage since the closures in November, and hopefully the new Gothamist will maintain the irreverent but informative ethos of the original.
  • Venezuela Launches El Petro Oil-Backed Cryptocurrency

    Venezuela Launches El Petro Oil-Backed Cryptocurrency

    Money

    The president of Venezuela, Nicolás Maduro, officially launched the Venezuelan cryptocurrency, Petro , on the national and global markets, as well as the issuance of certificates for the exercise of digital mining, which allows financial and commercial transactions.
  • Home Depot Sees Sales and Earnings Increase in 2017

    Home Depot Sees Sales and Earnings Increase in 2017

    Money

    Patriot Financial Group Insurance Agency LLC now owns 876 shares of the home improvement retailer's stock worth $145,000 after buying an additional 340 shares in the last quarter. Home Depot also is benefiting from a wave of millennials finally buying homes and starting families. The company P/E (price to earnings) ratio is 25.95 and Forward P/E ratio is 20.55.
  • Police remove passengers from another Carnival Australia ship

    Police remove passengers from another Carnival Australia ship

    Money

    The Carnival Legend cruise was forced to make an impromptu stop at Eden Port on the country's south coast so police officers could remove the violent men. One passenger, identified only as Zac, told 3AW on Friday morning that security had locked him in his room overnight and he was going to be removed from the ship.
  • Midlands cricket venues to host 72 finals between 2020 2024

    Midlands cricket venues to host 72 finals between 2020 2024

    Money

    With Trent Bridge becoming the home of the 50-over final and Edgbaston the home of T20 finals day, there is a move to a pleasing consistency and symmetry about the list. "Emirates Old Trafford has been a Test venue for more than 130 years and we are proud of our rich heritage and history in hosting global fixtures".
  • Stock Futures Signaled A Lower Open On Wall Street

    Stock Futures Signaled A Lower Open On Wall Street

    Money

    Clothing brand Guess's stock (-5.25 percent) continues to plummet after supermodel Kate Upton accused co-founder Paul Marciano of sexual misconduct. By 6:53 a.m. consumer price index data for January. Retailers, apparel makers and other companies that focus on consumers made some of the largest gains, a sign that investors expect shoppers to keep spending and the economy to keep growing.
  • Priyanka Chopra to terminate contract with Nirav Modi?

    Priyanka Chopra to terminate contract with Nirav Modi?

    Money

    It is also inconceivable that only 10 people (those suspended) were in the know of things, when even the foreign sellers (who sold the raw diamonds to Modi's firms) held accounts at foreign branches of Indian banks. Congress spokesperson Randeep Surjewala questioned how Nirav Modi was allowed to escape. " Nirav Modi had arrived in Davos on his own and was present at CII group photo event".
  • Buyer Beware when ordering Valentine's Day flowers online

    Buyer Beware when ordering Valentine's Day flowers online

    Money

    In the National Retail Federation's annual Valentine's Day spending survey, consumers are expected to spend about $1.8 billion on candy, this year's most popular gift. Both businesses cater to the creative buyer and to those interested in supporting local growers - Tesoro and Sonoma Flower Mart are each clients of the Neves.
  • US Airline rejects claim student was forced to flush hamster down toilet

    US Airline rejects claim student was forced to flush hamster down toilet

    Money

    Ms Aldecosca has said that she is considering suing the company over the conflicting instructions that pressured her into making the decision. The airline reportedly told her it was no problem on the phone, but upon her arrival at the gate at the Baltimore airport, the staff seemed to be singing a different tune.
  • Amazon kicks off free Whole Foods delivery in four cities

    Amazon kicks off free Whole Foods delivery in four cities

    Money

    Prime members receive free two-hour delivery, or they can choose ultra-fast delivery within an hour for $7.99 on orders of $35. Under his leadership, Prime thrived to become one of the most successful customer loyalty programs anywhere, and added new services like Prime Now , a one-hour delivery option, and Prime Day, Amazon's one-day annual shopping event.
  • Oil Rallies as Stockpile Surprise Brings Relief From Global Rout

    Oil Rallies as Stockpile Surprise Brings Relief From Global Rout

    Money

    Gasoline inventories dropped by 227,000 barrels and distillate stockpiles jumped by about 4.55 million barrels. Late Tuesday, the American Petroleum Institute, an industry group, reported that stockpiles fell by 1.1 million barrels. Analysts had expected a build of 3 million barrels in crude oil inventories. On Thursday, OPEC member Iran announced plans to boost production within the next four years by at least 700,000 barrels a day.
  • Snap adds users, shares soar by 30 per cent

    Snap adds users, shares soar by 30 per cent

    Money

    Snap Inc , the parent company of popular image-sharing app Snapchat , has unveiled better-than-expected earnings for 2017 - but still posted big losses. Social media can be great for staying in touch with friends and family you don't see enough, but we all have that one friend who takes things a little too far.
  • Opera Trading Capital Sells 9912 Shares of Credit Suisse AG

    Opera Trading Capital Sells 9912 Shares of Credit Suisse AG

    Money

    In after-hours trading Monday, XIV suffered catastrophic losses. The trading range for the VIX, or the Cboe Volatility Index , on Monday was 17 points, much wider than the 10-point range the day global markets were shaken by Britain's vote in June 2016 to leave the European Union.
  • Natalie Wood death: Police want to re-interview Robert Wagner

    Natalie Wood death: Police want to re-interview Robert Wagner

    Money

    He added that investigators have asked to speak with Wagner, who is not a suspect, but he has declined the request "two or three times " over the years. The drowning of the 43-year-old actress on a Thanksgiving weekend off the coast of California in 1981 remains an open case for U.S. authorities. It's their last chance, Lt.
  • Why rising bond yields causing pain to stocks

    Why rising bond yields causing pain to stocks

    Money

    The S&P 500 has fallen 7.8 percent since January 26, when it set its latest record high. 7-year -10 bps @ 2.665%. Investors should bear in mind that almost a quarter of government bonds are still negative yielding and more than 90% of bond globally still yield less than a 10 year Treasury, so the demand for yield should naturally act as a constrain on surging yield levels.
  • Snap Smashes Fourth-Quarter Revenue Estimates, Stock Jumps

    Snap Smashes Fourth-Quarter Revenue Estimates, Stock Jumps

    Money

    On average, analysts estimated $252.95 million in revenue and a loss of 16 cents a share. Snap Inc said on Tuesday it added more users than expected to its Snapchat messaging app as it fights to fend off competition from Facebook Inc's Instagram, sending it shares up by almost 30 percent.
  • Best Buy says CDs are out, vinyl is in

    Best Buy says CDs are out, vinyl is in

    Money

    According to newly released numbers from the RIAA, revenue from streaming services accounted for a whopping 62 percent of the total market for the first half of previous year, while physical sales, which are comprised of CDs and vinyl albums, made up just 16 percent of revenue.
  • Dow sees sharpest drop since June 2016

    Dow sees sharpest drop since June 2016

    Money

    Even with the pullback, the major indexes are still up more than 3 per cent this year. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Bank Private Wealth Management. Investors have spent much of the a year ago shrugging off geopolitical and economic risks, from the threat of nuclear conflict with North Korea to a potential trade war with China.
  • Amit Shah Called Naidu To Pacify?

    Amit Shah Called Naidu To Pacify?

    Money

    Apparently, BJP president Amit Shah and Union Home Minister Rajnath Singh are learnt to have spoken to Chandrababu Naidu in the morning one after the other before the commencement of the TDPP meeting. With a tally of 16 MPs, TDP is the second largest party in the NDA after BJP. Responding to the reports of TDP being upset with BJP, Jaitley on Sunday, in an interview with CNN-News18 , had said that the differences with the alliance partner will be amicably resolved and had exuded ...
  • Dow drops more than 650 points, logs worst week in two years

    Money

    The yield on the 10-year US Treasury note climbed again Friday to 2.85 per cent. Several giant US companies dropped after reporting weak earnings, including Exxon Mobil and Alphabet. The Nasdaq slid 264.83 points, or 3.5 percent. The Bloomberg Dollar Spot Index gained 0.8 percent, the largest rise in more than 10 weeks. Revenue of US$66.52bn was also way short of expectations of US$74.44bn.
  • Google books $3b loss in Q4

    Money

    The hardware category saw revenue of $4.69 billion, a 38% over a year ago. The profit figure excludes a US$9.9-billion tax charge as Alphabet joined much of corporate America in reporting large one-time expenses in the fourth quarter due to USA legislation enacted in December that lowers corporate rates.
  • The Oil Market Is Already Balanced

    The Oil Market Is Already Balanced

    Money

    That is drawing investors' focus away from the rise in US production. The dollar index, which measures the greenback against six major peers, decreased 0.38 percent to 89.047 at 3:00 p.m. On Wednesday, the agency reported inventory builds of 6.8 million barrels, which beat analysts' estimates. The Organization of the Petroleum Exporting Countries has pumped 32.4 million barrels per day (bpd) in January, the survey found, up 100,000 bpd from December.
  • Google makes YouTube Go available globally

    Google makes YouTube Go available globally

    Money

    Since the debut of YouTube TV back in April 2018, Google's live TV service has been met with mixed reviews. With its launch on the Roku, America's most popular streaming device , YouTube TV stands to significantly increase the rate of new signups this year.
  • Berkshire Mall Bon-Ton not on latest closing list

    Berkshire Mall Bon-Ton not on latest closing list

    Money

    In November, the company announced it would be closing the Bon-Ton Store at the St. Lawrence Centre Mall in Massena. Also closing in IL are Carson's stores in Danville and DeKalb and a Bergner's store in Peoria. In December, he said he would like to have a large space that he could aggressively market to a company that would draw in many customers. There's no word from the mall who may take Bon-Ton's place.