Economy

Water Main Break at JFK Airport Causes More Flight Delays

Water Main Break at JFK Airport Causes More Flight Delays Following the storm, which blasted NY on Thursday, passengers were kept on planes and waited hours to retrieve luggage as flights were delayed and canceled, and a backup to get to terminal gates built up. "My son and others had to pay for a taxi back to the hotel where they were told that if they wished, they could have a refund for their flight and could try to get on another flight". [Full Article...]

Getting Rid Of NY State's Income Tax?

Getting Rid Of NY State's Income Tax? Oneonta Mayor Gary Herzig, a Democrat, accepted the governor's invitation to hear the speech in Albany. They're eliminating that. So you're now paying two taxes - you pay a tax to the state, or a tax to the local government. The New York Times , another Reuters article and Josh Blackman's Blog also look at the issue. The state of emergency gives the governor the power to put in place a fu... [Full Article...]

Nissan's mind-reading cars can predict drivers' actions

Nissan's mind-reading cars can predict drivers' actions While the technology hasn't been implemented in any of Nissan's cars yet, it's early capabilities will be introduced to the world at the annual Consumer Electronics Show in Las Vegas this weekend. It claims this development will redefine how people interact with their cars in the future. RotM Nissan reckons it has developed technology that will allow you to control cars of the future with ... [Full Article...]

Iceland's Solution To The Gender Pay Gap Is Brilliant… And Obvious

Iceland's Solution To The Gender Pay Gap Is Brilliant… And Obvious Companies that fail to comply with the rules will face fines. "The new law by Iceland can help change attitudes to women in business as well as in politics, and inspire other countries to do the same", said Virginie Le Masson, a research fellow at the London-based Overseas Development Institute. [Full Article...]

Domino's Pizza (NYSE:DPZ) Rating Increased to Buy at Oppenheimer

Domino's Pizza (NYSE:DPZ) Rating Increased to Buy at Oppenheimer Domino's Pizza, Inc. (NYSE: DPZ ) for the trailing twelve months paying dividend with the payout ratio of 25.04% to its shareholders. It has outperformed by 45.36% the S&P500. (NYSE: DPZ ) shares. During recent trading, shares saw a move of 4.88% hitting a price of $209.85. On Thursday, October 26 the stock rating was maintained by BMO Capital Markets with "Outperform". [Full Article...]

Ford Motor sued over alleged emissions cheating

Ford Motor sued over alleged emissions cheating The outlet claims a proposed class action lawsuit against the automaker states that about 500,000 heavy-duty pickup trucks cheated emissions testing. The law firm representing the owners, Hagens Berman , has launched lawsuits in the previous year against General Motors and Fiat Chrysler Automobiles as well as engine maker Cummins, making similar allegations. [Full Article...]

Amazon's next acquisition target might be Target, according to one expert

Amazon's next acquisition target might be Target, according to one expert As an example of how the partnership between Amazon and Target could work, Munster pointed to the ecommerce giant's purchase of Whole Foods to show how the combination of online and offline operations can be utilized. Amazon has long ceased to be an online-only company. Munster said Amazon has "aggressively pursued" the family market with promotions for kid-friendly video content. [Full Article...]

India December Consumer Price Inflation at 17-Month High

India December Consumer Price Inflation at 17-Month High The underlying pace of US inflation unexpectedly accelerated in December amid increased shelter costs, reinforcing the outlook for the Federal Reserve to raise interest rates several times in 2018. While India is expected to grow at 6.5 per cent in the current fiscal year ending in March, a continued rise in inflation from 1.46 per cent in June, the lowest on record since 2012, has alarmed policym... [Full Article...]

Ford urges 2900 pickup owners to stop driving after new Takata death

Ford urges 2900 pickup owners to stop driving after new Takata death In January of 2016, Ford recalled about 391,000 Rangers in the USA and Canada from the 2004 to 2006 model years to replace the driver's air bag inflators. A Takata spokesman said the company will make all attempts to ensure it can deliver replacement inflators as soon as possible. Instead, Ford will send teams to the owners' homes to tow the vehicles to a fix shop and provide loaner vehicles. [Full Article...]

FCA To Invest $1B In Michigan Plant, Pay Out Bonuses

FCA said its Saltillo Truck Assembly Plant will be repurposed to produce future commercial vehicles for global distribution. This investment is on top of the $1 billion the OEM committed to invest in the Warren factory previous year to accommodate its Jeep product line, which included building its all-new Jeep Wagoneer and Grand Wagoneer. [Full Article...]

Mazda's $1.6 billion Alabama plant leaves room to expand

Mazda's $1.6 billion Alabama plant leaves room to expand The site for the new plant is in Huntsville, located approximately 14 miles from Toyota's Alabama plant ( Toyota Motor Manufacturing, Alabama , Inc.). Kay Ivey. "It was especially exciting to see both new and existing companies make investments and announce projects that will position the state as an important location in the global auto industry for years to come". [Full Article...]

Circuit City plans comeback online

Circuit City plans comeback online The site will include features such as videos, virtual vignettes, search-by-photo, augmented reality and real-time tech support through video chat. Circuit City has partnered with SkinnyIT to provide home installations and with Taylored Group to design 8,000-10,000 square feet showrooms, Twice .com reported. [Full Article...]

China's gas imports jump to record high as winter weather bites

China's gas imports jump to record high as winter weather bites The billionaire's comments and economically nationalist platform - including pulling out of a key Pacific pact and threatening to tear up another with Canada - have fanned fears of a trade war. China's crude oil imports were down 12 percent last month, albeit from near-record levels above 9 million barrels per day in November, weighing on futures prices on Friday. [Full Article...]

Uber's Ripley Program and Protocol

Uber's Ripley Program and Protocol Once the call is received, the personnel in San Francisco remotely log off every computer in a given office, which Bloomberg says was the case in the Montreal incident. Bloomberg said that Ripley stands out partly because it was used regularly-at least two dozen times because some employees involved say they felt the program slowed investigations that were legally sound in the local offices' ju... [Full Article...]

Wal-Mart Mysteriously Shutters Sam's Club Stores

Wal-Mart Mysteriously Shutters Sam's Club Stores Sam's Club is owned and operated by Walmart . Walmart attributed the pay increase to the recent tax reform bill. Those figures were later revised in the Walmart press release. The store in Jamestown was closed today and the announcement was made to employees on Thursday. Eventually, a manager vouched that he was an associate and he was allowed inside, Corona said. [Full Article...]

ISRO successfully launches 100th satellite, first mission after IRNSS-1H failure

ISRO successfully launches 100th satellite, first mission after IRNSS-1H failure PSLV-C40 will be launched from the first launch pad of the Satish Dhawan Space Centre, Sriharikota on Friday at 9.29 am. Worldwide customer satellites are three micro and 25 nano-satellites from six countries - Canada, Finland, France, Korea, the United Kingdom and the United States of America. [Full Article...]

Several store brand ice cream bars recalled for possible listeria

Several store brand ice cream bars recalled for possible listeria A list of the recalled orange cream bars, chocolate coated vanilla ice cream bars and the variety packes including the chocolate coated vanilla ice cream bars were sold at different stores. This is the packaging of some of the ice cream bars recalled over potential Listeria contamination. The product comes in a 12 ct retail box, has a production date of November 30, 2017 and a "best by" date of ... [Full Article...]

Tesco is festive victor reporting record Christmas sales

Tesco is festive victor reporting record Christmas sales M&S shares -4.5%; Tesco shares -3.2%. Group like-for-like sales grew by 0.9% in Q3 and were up by 0.1% in the Christmas period. The figures were published at the same time as a slew of retailers' trading updates, with rival supermarket Waitrose seeing like-for-like sales up by 1.5% over the six weeks to 30 December. [Full Article...]

Ripple, MoneyGram Announce Partnership to 'Modernize' Payments

Ripple, MoneyGram Announce Partnership to 'Modernize' Payments During the pilot, MoneyGram will utilize XRP, the native digital asset of the Ripple Ledger, with the aim to speed up payment flows through xRapid, Ripple's solution for on-demand liquidity. The two banks use the blockchain to speed up cross-border payments between the United Kingdom and the US. "By using a digital asset like XRP that ‎settles in three seconds or less, our clients can move money a... [Full Article...]

Woman returns 'dead' Christmas tree to Costco for a refund

Woman returns 'dead' Christmas tree to Costco for a refund The woman who brought in the fir back 10 days after the festival demanded a full refund claiming that the tree was dead. He shared the photo on Facebook , writing: "I can't make this stuff up". "If I didn't see it, I wouldn't believe that someone had so little moral values or lack of conscience". While another said: "Sister works for Costco, can confirm". [Full Article...]


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