Tuesday, 17 October 2017
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Orange County Businesses Reopen Following Water Emergency


The pipe fix was completed Saturday but area residents emptied local stores of water, and local schools, UNC and restaurants were forced to close. Officials dismissed elementary students at 1:30 p.m., middle school students at 2:10 p.m. Even people who drink fluoridated water, use fluoride toothpaste and get fluoride treatments at the dentist are not getting enough of it to cause problems, he said. Read More »

VW and Bosch propose deals to settle U.S. diesel claims

If it can't, it will have to buy back all vehicles with the smaller diesel engines. According to court documents filed in the U.S., Volkswagen will pay $1.2 billion in settlements to compensate owners of about 80,000 of its larger, 3-liter vehicles implicated in the scandal, as well as buying some back and fixing others. Read More »

Exports, new orders boost factory activity

The Indian manufacturing output increased during January on the back of rising order books, but failed to generate jobs in the sector, the research firm said. The latter, the largest economy in Europe, saw its manufacturing sector rise to a three-year high. Zhao attributed the deceleration of production and new orders to the Lunar New Year holiday which slashed work days. Read More »

'Who Is His Acting Coach': Trump Rips Schumer for Crying Over Order


During a meeting with small business leaders on Monday morning, President Donald Trump mocked House Minority Leader Chuck Schumer for becoming emotional while talking about the president's travel ban. "We're demanding the president reverse these executive orders that go against what we are, everything we have always stood for", he said. A government official in Baghdad said Foreign Minister Ibrahim al-Jaafari plans to meet the US ambassador on Monday or Tuesday to express dismay at Trump's ... Read More »

Is Mobile Search Cannibalizing Google's Core Search Business?

On Thursday, Google parent Alphabet Inc . posted fourth-quarter profit below analysts' estimates . 20 percent on a $26 billion revenue run rate biz at the beginning of '10 and is now growing 20 percent on a $104 billion run rate biz. "We see tremendous potential in these businesses", CFO Ruth Porat said in an earnings call , adding that Google is also investing in machine learning and "next-generation" computing systems. Read More »

Canada is "Not Concerned" Over Renegotiating NAFTA


The Trump administration is signalling Ottawa that it's open to bilateral trade deals. White House press secretary Sean Spicer told reporters Monday that the Trump administration will be pursuing and favouring bilateral deals over multilateral ones because he said it will give the USA more control over trade deals. Read More »

Rio shares surge on NSW coal sale

Rio Tinto (ASX:RIO) has signed a deal sell its Australian subsidiary Coal & Allied Industries Ltd to Chinese government-controlled Yancoal Australia Ltd (ASX:YAL). Chinese state-owned Yanzhou Coal owns 78% of the Australian Securities Exchange-listed company. "Yancoal has successfully restructured its operations and reduced costs throughout the past three years and established itself as a leading coal producer committed to investing in the Australian resources sector". Read More »

China growth 'super steady' but slows to 26-year low


Other full-year data: Retail sales jumped 10.9%, industrial production rose 6%, and fixed asset investments increased 8.1%. Brian Jackson, China economist at IHS Markit, told CNBC that "it would be more useful to look at sector level value-added growth to gauge the direction and pace of economic restructuring than official rhetoric". Read More »

Bengaluru ranked the world's most dynamic city, trumping Silicon Valley and Shanghai

The CMI ( http://www.jll.com/cities-research/City-Momentum ), part of This was figures during the discussions at the ongoing World Economic Forum annual meeting at Davos-Klosters, Switzerland. By doing so, it outranked U.S. cities such as Silicon City (3), Austin (7) and Boston (9). US technology capital, Silicon Valley remained near the top of the list. Read More »

Kinder Morgan Inc.'s Q4 Results Are Right on the Money

The Stock has a 52 week low of $11.2 and one year high of $23.36. Other analysts have also recently issued research reports about the company. BlackRock Group LTD boosted its position in shares of Kinder Morgan by 2.7% in the third quarter. Read More »

Dollar Hits Fresh High as Canada Dollar Drop Invigorates Rebound


The Canadian dollar dropped below 1.3200 to the dollar in a sharp move after Poloz said the bank could cut rates if needed, amid tax and policy uncertainty in the USA that may affect Canadian exports . It's also heading in the opposite direction to expectations of analysts, who see the currency retreating to C$1.36 per USA dollar by the end of 2017, forecasts compiled by Bloomberg show. Read More »

Wells Fargo & Company (WFC) Earns "Sell" Rating from Guggenheim


Sandler O'Neill reiterated a hold rating on shares of Wells Fargo & Company in a report on Wednesday, January 11th. Some buy side analysts are also providing their Analysis on Wells Fargo & Company, where 4 analysts have rated the stock as Strong buy, 11 analysts have given a Buy signal, 13 said it's a HOLD, 5 reported it as Underperform and 1 analysts rated the stock as Sell. Read More »

Windows 10 Creators Update 2017 Includes Beam Streaming, Increased Performance And More

You will need to select the Game Mode option to manually enable it. What are your thoughts on the Windows 10 Game Mode? Beam is a new platform similar to Twitch, but it touts realtime streaming and deeper viewer interaction. Microsoft announced under "Creators update" previous year that many fan-requested features, Beam and gamer-created tournaments will be coming in 2017 to enhance gaming experience. Read More »

Last man to walk on moon, Gene Cernan, dies


Some in the astronaut office resented Schmitt's assignment to the crew, arguing experienced test pilots were more valuable in a risky space mission than a scientist. "Since I had nothing to stabilize my movements, I went out of control, tumbling every which way, and when I reached the end of the umbilical, I rebounded like a bungee jumper, and the snake reeled me in as it tried to resume its original shape". Read More »

App store prices to rise 25% next week

Apps previously priced at £1.49, will jump to £1.99. How does £9.99 sound? Apple is raising App Store prices by about 25 percent to reflect exchange rate fluctuations following the Brexit vote in the U.K. Things are about to start getting a lot more expensive for Apple customers - or at least they are in the UK, India and Turkey. Last year, the computer giant hiked prices by up to 22 per cent for business users to "realign" prices with those in the Eurozone. Read More »

Japan's Mini-rocket Fails To Launch Tiny Satellite Into Orbit


Within minutes, however, the rocket stopped transmitting data about its temperature and position , Nikkei reported, leading JAXA to abort the mission. TRICOM-1 was designed by students to photograph the Earth and run communications experiments. The SS-520-4 launched without issues, but after 20 seconds, flight controllers could not receive any communication from the spacecraft. Read More »

Strong Earnings From Banks; Wells Undervalued


Jefferies Group also issued estimates for Wells Fargo & Company's Q4 2016 earnings at $1.03 EPS. US stocks fell Thursday, however, as financial shares declined ahead of the earnings reports . Many Wall Street Analysts have commented on Wells Fargo & Co. Analysts in recent months have also indicated that Wells Fargo could close more branches in an attempt to shore up profits and control expenses following the fake-account scandal that has battered its reputation, prompted the ouster of ... Read More »

Mexico talks over wall 'will start immediately'

I don't want to wait a year and a half until I make my deal with Mexico. Trump's remarks about making Mexico pay for the border wall drew strong reactions, including a response from former Mexican president Vicente Fox, an outspoken critic of the president-elect. Read More »

Detroit Auto Show: What You Missed

As per the report , Nissan Motor Co to unveil its new small SUV for the usa market, along with the redesigned QX50, a compact SUV for the Infiniti luxury brand. The Camry's numbers in terms of sales went down 9.5% previous year, part of the loss was blamed from people shifting to SUVs. Overall, mid-sized sedan sales in the United States fell 10 percent. Read More »

The Limited Closes All 250 Stores

The Columbus, Ohio-based company said it would continue to operate online only after the January 8 closures, the Associated Press reported. A search of store locations on The Limited's website comes back with this message: "We're sad to say that all The Limited stores nationwide have officially closed their doors. Read More »