Economy

John Lewis Partnership profits crash 53.3%

John Lewis Partnership profits crash 53.3% John Lewis chairman Sir Charlie Mayfield blamed the lower headline number on building inflationary pressures driven by exchange rates and political uncertainty. Brexit is having an effect on the economy, no question. The group will also incur higher pension accounting charges in the second half year, as a result of low market interest rates. [Full Article...]

Nestlé buys into Blue Bottle

Nestlé buys into Blue Bottle Said Blue Bottle CEO Meehan: "My goal as CEO has been to secure a sustainable future for Blue Bottle Coffee that would enable it to flourish for many years to come". "Blue Bottle Coffee's ... path to scale is clearly defined and benefits from increasing consumer appreciation for delicious and sustainable coffee". Meehan and Schneider started talking about a partnership during a February meetin... [Full Article...]

+DI Over -DI on Shares of Ardiden Ltd

+DI Over -DI on Shares of Ardiden Ltd Traders may use the indicator to determine stock trends or to identify overbought/oversold conditions. Moving averages can be very helpful for identifying peaks and troughs. The ATR is not used to measure price direction, just to measure volatility. The Williams %R fluctuates between 0 and -100 measuring whether a security is overbought or oversold. [Full Article...]

Air Force Awards Design Contract for New Presidential Aircraft

Air Force Awards Design Contract for New Presidential Aircraft As a outcome, the $600 million contract is just the initial agreement between the Air Force and Boeing . The contract includes the design to incorporate a mission communication system, electrical power upgrades, a medical facility and a self-defense system, the Air Force says. [Full Article...]

Cryptocurrency market plummets as BTCC to shut down end of month

Cryptocurrency market plummets as BTCC to shut down end of month The BTCC shutdown comes ahead of speculation that the Chinese government plans to completely ban exchanges. At best, companies that accept Bitcoin must do so that they convert them immediately into more stable currencies, or run the risk of losing out in substantial measure. [Full Article...]

Up to 20-50% losses for citrus in Florida after Irma

Up to 20-50% losses for citrus in Florida after Irma The USDA is expected to release its first official citrus crop projections on 12 October, but it is questionable if it will be possible to resurvey the groves hit by Irma before this time. But the storm affected the state's top five citrus growing counties - Polk, Hendry, Highlands, Hardee and DeSoto - which together account for most of Florida's orange production. [Full Article...]

USA inflation at 7-month high

USA inflation at 7-month high Prices for apparel rose last month as did the cost of household furnishings, motor vehicle insurance and recreation. The core PCE rose 1.4 per cent in July, the smallest year-on-year increase since December 2015. Further increases are likely in September after Harvey forced temporary closures of some refineries on the Gulf Coast. Overall core inflation, the index for all items except food and en... [Full Article...]

McDonald's worker tries to flush her newborn baby down toilet

McDonald's worker tries to flush her newborn baby down toilet According to the Mateo County district attorney's office, a co-worker was checking on Lockner when she discovered blood on the bathroom floor. However, a second employee who looked over her stall "saw a newborn baby face down in [a] toilet bowl", they alleged. [Full Article...]

Ford Explains Its Involvement In The Car Seat Guy Incident

Ford Explains Its Involvement In The Car Seat Guy Incident Ford placed a light bar on the windshield of a test vehicle, with six cameras mounted to provide a 360-degree view of people's reactions, with the human disguised as a auto seat to create an illusion of a fully autonomous vehicle and effectively monitor people's genuine reactions to a driverless auto. [Full Article...]

Colorado selected as one of 10 winners for Hyperloop project

Today, the 10 finalists, including a route through Texas, were announced . "We look forward to working closely with all the winners, their partners and local authorities to examine the feasibility and scope of these routes and, ultimately, build the first Hyperloop routes around the world", Giegel said. [Full Article...]

Oracle Corp. Reports 14% Gain In Q1 Earnings

Oracle Corp. Reports 14% Gain In Q1 Earnings Update: Oracle's revenue outlook missed estimates. The company ended the quarter with $21.3B in cash and equivalents. Atria Investments LLC now owns 78,632 shares of the enterprise software provider's stock worth $3,508,000 after purchasing an additional 9,993 shares during the period. [Full Article...]

Google faces lawsuit over gender pay gap

Google faces lawsuit over gender pay gap The suit, filed Thursday in San Francisco Superior Court, follows a federal labor investigation that made a preliminary finding of systemic pay discrimination among the 21,000 employees at Google's headquarters in Mountain View, Calif. Department of Labor is investigating the company for gender discrimination in its hiring practices. Google is also under investigation by the US Department of Lab... [Full Article...]

Brazilian meatpacking CEO Batista arrested

Brazilian meatpacking CEO Batista arrested Temer's lawyers asked for Prosecutor General Rodrigo Janot to be removed, arguing he is mounting an "obsessive persecution" and "greatly exceeding the constitutional and legal limits". Barring further unexpected developments, most congressional leaders and analysts say he is likely to survive the vote, like he did on separate charges of bribe-taking in August. [Full Article...]

AMC Entertainment Holdings, Inc. (AMC) Shares Bought by Schroder Investment Management Group

AMC Entertainment Holdings, Inc. (AMC) Shares Bought by Schroder Investment Management Group Overall, 3.57 Million shares exchanged hands versus its average trading volume of 2.84 Million shares. Elk Creek Ptnrs has invested 1.18% in AMC Entertainment Holdings Inc (NYSE:AMC). The ex-dividend date is Friday, September 8th. Credit Suisse initiated the shares of AMC in report on Friday, February 5 with "Outperform" rating. AMC Entertainment Holdings's dividend payout ratio is now -125.00%. [Full Article...]

Inflation rises to 4-month high

Inflation rises to 4-month high It was much lower at 9.6 per cent for petrol and 5.49 per cent for diesel in July. The combined index is divided into three major component indices - Primary Articles (food and non-food articles), Fuel and Power and Manufactured Products with weightage of 22.62%, 13.15% and 64.23% respectively. [Full Article...]

Republicans Plan to Release Tax Overhaul Details Week of September 25

Republicans Plan to Release Tax Overhaul Details Week of September 25 The President is cutting deals with Democrats because he learned during the debt ceiling deal that Republicans complain, but they will mostly go along with whatever he agrees to. Hatch was less committal on the content and timing of any new tax framework. Ryan spokeswoman AshLee Strong said the speaker did not represent a change in his position. [Full Article...]

Billions more barrels of oil possible from Azerbaijan

Billions more barrels of oil possible from Azerbaijan Despite the challenging political and economic conditions of that time, thanks to the intense effort by our national leader Heydar Aliyev , the first ACG contract was signed, laying the foundation of the future economic development of Azerbaijan. [Full Article...]

Antero Midstream GP LP (NYSE:AMGP) Profitability in Focus

Closing price generally refers to the last price at which a stock trades during a regular trading session. As of December 31, 2016, its asset portfolio, including the assets of its joint ventures, consisted of its refined products segment, consisting 9,700-mile refined products pipeline system with 53 terminals, as well as 26 independent terminals not connected to its pipeline system and its 1,100... [Full Article...]

Marshawn Unscripted? Raiders' Lynch to Get His Own Reality Show

Marshawn Unscripted? Raiders' Lynch to Get His Own Reality Show The always entertaining Raiders running back will star in " No Script ", a weekly series of short features that will air on Facebook ", NBC Sports California reported Wednesday . He played the first three-and-a-half years of his career with the Buffalo Bills before being traded to the Seattle Seahawks during the 2010 campaign and went on to win a Super Bowl and make four Pro Bowls throughout his... [Full Article...]

Mass. Household Income Jumped Nearly 6 Percent In 2016

Mass. Household Income Jumped Nearly 6 Percent In 2016 Starting with racial and ethnic categories, blacks and Hispanics had the highest poverty rates at 22 percent and 19.4 percent in 2016, respectively. That's not all good news, however. state. YDSTIE: Health insurance coverage increased in 2016. The problem of stagnant earnings persists, especially for men. That's been the story since at least 2007. [Full Article...]


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