Economy

Bladeless fan maker Dyson to manufacture electric cars

Bladeless fan maker Dyson to manufacture electric cars After reading about the harmful effects of air pollution from diesel engines, Dyson started work in 1990 on a cyclonic filter that could be fitted onto a vehicle exhaust system to trap particles. Rather than filtering emission at the exhaust pipe, today we have the ability to solve it at the source ", continued Dyson . But these were disputed by other battery researchers, and in April Dyson... [Full Article...]

London sees first fall in house prices for eight years

London sees first fall in house prices for eight years Its figures showed that house prices across the United Kingdom overall rose by 2 per cent annually in September, down from 2.1 per cent the previous month. "Annual growth rates in the south of England have moderated towards those prevailing in the rest of the country". The 0.6 percent year-on-year drop in the United Kingdom capital in the quarter through September was the worst performance since... [Full Article...]

Apartment Industry Statement on "Big 6" Tax Reform Outline

Apartment Industry Statement on But one Republican committee member, who asked not to be identified because the discussions are private, expressed confidence that there will be an additional individual tax bracket above the 35 percent level. In a step away from the House plan, the framework does not fully repeal the net interest expense deduction. The document's creators say the deduction will no longer be needed because d... [Full Article...]

Troubled Toshiba, Bain Finalize Memory-Chip Business Sale

Troubled Toshiba, Bain Finalize Memory-Chip Business Sale The consortium also includes US-based Bain Capital, Apple and a handful of other tech players. The deal is estimated to be worth 2 trillion yen (US$17.6 billion). Seagate said in statement that with its participation, it expects to enter into a long-term supply agreement that ensures sufficient raw NAND for its solid state drives or SSDs, which are faster and lighter than hard disk drives. [Full Article...]

Sensex recovers 123 pts, breaks 7-day falling streak

Sensex recovers 123 pts, breaks 7-day falling streak Indian benchmark equity indices Sensex and Nifty snapped their seven-day losing streak to close higher on Thursday, as traders rushed to cover their short positions in the futures and options (F&O) segment on account of expiry of September contracts. [Full Article...]

$1.05 EPS Expected for Wells Fargo & Co

$1.05 EPS Expected for Wells Fargo & Co It has underperformed by 21.19% the S&P500. Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage and consumer finance services through stores, its Internet site and other distribution channels across North America as well as internationally. [Full Article...]

Royal Dutch Shell Plc (RDSA) Given "Buy" Rating at Jefferies Group LLC

Royal Dutch Shell Plc (RDSA) Given The stock's Average True Range (ATR) is now 0.55. 100,000 shares traded per day would be a minimum for most traders and some require 1,000,000. Taking a peek at some Moving Averages, the 200-day is at 2072.25, the 50-day is 2138.08, and the 7-day is sitting at 2186.21. [Full Article...]

France and Italy push ahead with $30 billion under-Alps rail link

France and Italy push ahead with $30 billion under-Alps rail link The deal effectively gives state-controlled Fincantieri a 51 percent stake in the key shipyard, which is located on the Atlantic coast in Saint-Nazaire. Under the deal Le Monde described Wednesday without identifying its sources, Fincantieri would formally own a 50 percent stake and the French state would loan it an additional 1 percent stake to give the Italian group operational control. [Full Article...]

Texas wins Big 12 opener to Iowa State, 17-7

Texas wins Big 12 opener to Iowa State, 17-7 The Longhorns opened the season with a loss to Maryland, then rebounded with a shutout of San Jose State before pushing USC to the brink in a 27-24 double overtime loss. The team's other touchdown was set up by a turnover before quarterback Shane Buechele found Toneil Carter over the middle for a 22-yard strike that proved to be decisive. [Full Article...]

Auburn, Oklahoma State, USC coaches among 10 charged with corruption

Auburn, Oklahoma State, USC coaches among 10 charged with corruption Shares of Adidas ( ADDYY - Free Report ) tumbled on Tuesday after US federal authorities brought charges against a company executive in connection with a larger NCAA college basketball fraud and corruption case. The money allegedly paid was in exchange for the athlete's commitment to attend a specific university sponsored by the company, and an agreement to ultimately be represented by the... [Full Article...]

Oil prices hit highest level since July 2015 on re-balancing optimism

Oil prices hit highest level since July 2015 on re-balancing optimism Analysts said oil prices seemed supported by the notion that OPEC member countries will be more disciplined with their production hereon, after experiencing one of the worst price slumps in history from a three-year long glut in world crude supplies. [Full Article...]

India Inc discusses GST-related issues with Arun Jaitley

India Inc discusses GST-related issues with Arun Jaitley It has called for exemption from GST for merchant exporters, allowing immediate refund to help exporters free up working capital and permitting the use of export benefit scrips for payment of Integrated and Central GST. Additionally, the industry has also demanded that the threshold for triggering payment under reverse charge mechanism (RCM) be raised to Rs 50,000 from Rs 5,000 now to reduce compl... [Full Article...]

Startup company wants to help you sue Equifax

Startup company wants to help you sue Equifax If you have a credit report , then you are likely one of 143 million Americans whose personal information was exposed in the big Equifax data breach . The suit seeks restitution for Californians who purchased credit monitoring services from Equifax before the breach was made public on September 7th, 2017. [Full Article...]

Royal Caribbean cancels cruise, uses ship for Puerto Rico hurricane relief

Royal Caribbean cancels cruise, uses ship for Puerto Rico hurricane relief The trip will be the second relief effort for Royal Caribbean . The cruise line announced Tuesday that it was canceling an Adventure of the Seas trip scheduled for September 30 to use the 3,100 passenger vessel to help evacuate people from Puerto Rico and deliver supplies to Caribbean islands devastated by hurricanes Maria and Irma. [Full Article...]

BlackBerry shares soar by 12% as software sales hit record

BlackBerry shares soar by 12% as software sales hit record The stock is gapping up 4.88% before market open touching $9.86 on a recent bid. Investors mark this stock "active" as it exchanged hands with 21,227,501 shares contrast to its average daily volume of 4.28M shares. Several hedge funds and other institutional investors have recently made changes to their positions in the company. In addition, under " Licensing , IP", BlackBerry earned a total of ... [Full Article...]

United States economic growth revised up to 3.1 pct in Q2

United States economic growth revised up to 3.1 pct in Q2 The acceleration reflected an upturn in private inventory investment, an acceleration in consumer spending, a deceleration in imports, and an upturn in federal government spending. With GDP quickening in the second quarter, the economy grew 2.1 percent in the primary portion of 2017. On Wednesday, Trump proposed a huge overhaul to the US tax system that was the biggest seen in almost three decad... [Full Article...]

Analyst Opinion Summary: Rite Aid Corporation (RAD), Nucor Corporation (NUE)

Analyst Opinion Summary: Rite Aid Corporation (RAD), Nucor Corporation (NUE) Allied Motion Technologies now has $235.93 million valuation. According to today's trading volume Rite Aid Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. Citigroup has 596,937 shares. Stifel Financial Corp reported 0% stake. Rite Aid also announced that Kermit Crawford, former executive vice president and president of pharmacy h... [Full Article...]

How to score free coffee on National Coffee Day

How to score free coffee on National Coffee Day Also, get a coupon for a free cup when you join Wawa Rewards or by doing a quick survey on Wawa receipts. Starbucks: Starbucks is not offering free coffee on Friday, but they will be posting signage that reinforces ethical sourcing. [Full Article...]

Roku prices IPO at top of price range, raises Dollars 219 mln

Roku prices IPO at top of price range, raises Dollars 219 mln It opened just after 10:35 a.m. ET at $15.78, up 12.7 percent. At $16.33, Roku had a market capitalization of $1.55 billion. The company has said that the majority of its current revenue comes from streaming player sales. However, rather than being anxious about only one big competitor, Roku will have to fend off others previously named such as Google, Apple and Amazon . [Full Article...]

Govt says work on General Electric's locomotive factory on track

Govt says work on General Electric's locomotive factory on track However, Goyal today said, "The Marhowrah factory has been set up and I don't think any change is happening". They include revamping the existing signalling system by use of TPWS - Train protection and Warning System and MTRC, Mobile Train Radio Communication and extensive use of mobile apps for monitoring and passenger services. [Full Article...]


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