Economy

Now Mozilla and 21 states sue FCC over internet freedom

Now Mozilla and 21 states sue FCC over internet freedom Kentucky is one of 22 states suing the Federal Communications Commission over its planned rollback of net neutrality changes. "The FCC's new rule fails to justify the commission's departure from its longstanding policy and practice of defending net neutrality while misinterpreting and disregarding critical record evidence on industry practices and harm to consumers and businesses", Schneiderman... [Full Article...]

Maersk, IBM set sails on new blockchain voyage

Maersk, IBM set sails on new blockchain voyage It will help manage and track tens of millions of shipping containers globally by digitising the supply chain process from end-to-end, the companies said. Manufacturers, shipping lines, freight forwarders, port and terminal operators, shippers and customs authorities will all be able to access to the platform's virtual dashboard on a permissioned basis. [Full Article...]

Sen. Cory Booker Spit Fire At DHS Secretary Over Sh*thole President Remarks

Sen. Cory Booker Spit Fire At DHS Secretary Over Sh*thole President Remarks She says "others in the room were also using tough language". The kind of complicity contained in Neilsen's testimony, Booker told reporters after leaving the hearing room, is actually worse than the original racist and vulgar term used by the president. [Full Article...]

BA passenger wearing 10 shirts, eight pairs of pants arrested

BA passenger wearing 10 shirts, eight pairs of pants arrested A passenger flying from Iceland to England attempted to avoid paying any additional fees by wearing his entire wardrobe. In a subsequent video, Williams is seen asking gate agents to explain to him why he couldn't get on the flight. The man was barred from two flights in the space of two days. . Reports said Hawaii eventually got home on a Norwegian airline. "We explained our policy to our cus... [Full Article...]

Healthcare Trust Of America (HTA) Stock Rating Reaffirmed by BMO Capital Markets

It has underperformed by 23.89% the S&P500. Icm Asset Management Inc increased its stake in Inventure Group Inc. Independent Order Of Foresters decreased Federal Realty Investment (FRT) stake by 32.88% reported in 2017Q3 SEC filing. As per Monday, December 14, the company rating was maintained by KeyBanc Capital Markets. Pantermuehl Russell had sold 4,000 shares worth $387,564 on Wednesday, Se... [Full Article...]

United Kingdom grocery store Iceland targets plastic-free personal label…

United Kingdom grocery store Iceland targets plastic-free personal label… To replace the plastic packaging, Iceland has said that it will be utilising the latest technologies to create a range of packaging, including paper, pulp trays and paper bags, which are recyclable through waste collection or in-store recycling facilities. [Full Article...]

UnitedHealth Group Inc Stock Pops on Earnings Beat

UnitedHealth Group Inc Stock Pops on Earnings Beat About 3.94M shares traded or 35.06% up from the average. UnitedHealth Group Inc on Tuesday raised its outlook for 2018 earnings per share by more than 16 percent due to the US corporate tax cut and said it will speed up technology investments that aim to cut customer costs. [Full Article...]

Murphy will sign executive order on equal pay for women

Murphy will sign executive order on equal pay for women Gov. Sheila Oliver being sworn in Tuesday, numerous officials offered up congratulations and other thoughts to New Jersey's new top executives. "New Jersey's 56th governor started his tenure out today on the right note, forcefully making the case for a stronger and fairer Garden State". [Full Article...]

Nestle selling U.S. candy brands to Nutella company

Nestle selling U.S. candy brands to Nutella company But the good news for the Derry Twp. -based company, others say, is that it will permit the company to continue to focus its own capital on diversifying its snack lines at a time when less-sugary treats are gaining favor with consumers. But its American candy business has been declining along with similar companies, including US -based Hersey, which recently cut 15 percent of its workforce, Bloom... [Full Article...]

DOW BULL run continues as top U.S. index opens at record high

As of 11:46am, the Dow Jones dropped back under 26,000. At 9:41 a.m. ET (1441 GMT), the Dow Jones Industrial Average was up 225.34 points, or 0.87%, at 26 028.53, helping it record its fastest 1000-point rise. Brent crude, used to price worldwide oils, shed 84 cents to $69.42 in London. The blue-chip index eased from its peak as a pullback in oil prices weighed on energy stocks, however. [Full Article...]

McDonald's Pledges Sustainable Packaging By 2025

McDonald's Pledges Sustainable Packaging By 2025 McDonald's is already aiming for all its paper and card packaging, such as burger boxes or paper bags, to come from recycled or certified sources where no deforestation occurs by 2020. McDonald's began to focus on sustainable packaging almost 25 years ago, when it established a partnership with the Environmental Defense Fund. Its goal is to use only packaging with Forest Stewardship Council certif... [Full Article...]

Sumitomo Mitsui Asset Management Company LTD Decreases Position in General Electric (GE)

Sumitomo Mitsui Asset Management Company LTD Decreases Position in General Electric (GE) Markston Int Llc invested in 0.2% or 79,247 shares. The Texas Yale Capital Corp holds 68,641 shares with $1.66 million value, up from 53,141 last quarter. Rothschild Asset Management Inc decreased Aspen Technology Inc (NASDAQ:AZPN) stake by 88,309 shares to 297,330 valued at $18.68 million in 2017Q3. Among 26 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and ... [Full Article...]

NY Budget: 10 facts and figures

Among Cuomo's proposals to increase revenue for his $168 billion budget were new surcharges on opioid manufacturers, a deferral on some corporate tax credits and a plan to close the carried interest loophole. Cuomo already said NY will sue to try to overturn the federal law and lead a national effort to try to repeal it in Congress. The deficit for the coming year is projected at $4.4 billion, w... [Full Article...]

How Analysts Feel About Northgate plc (LON:NTG)?

The company was maintained on Wednesday, December 14 by Goldman Sachs. RBC Capital Markets has "Sector Perform" rating and GBX 730 target. The firm earned "Buy" rating on Monday, July 10 by Deutsche Bank. The stock has "Outperform" rating by BNP Paribas on Thursday, December 1. The company was maintained on Friday, November 10 by BMO Capital Markets. The rating was upgraded by Standpoint Research ... [Full Article...]

AT&T urged to cut commercial ties with Chinese phone maker

AT&T urged to cut commercial ties with Chinese phone maker The government also recently blocked several attempted Chinese acquisitions of US companies. US lawmakers are advising companies from the USA that if they have any ties with China Mobile or Huawei , it could hurt their chances of doing business with the government. [Full Article...]

Britain's Carillion collapses after banks pull the plug

The British government's emergency response committee, known as COBRA, reportedly met for around an hour on Monday evening to discuss the Carillion's collapse. The government has ordered a fast-track investigation into directors at the failed construction firm Carillion. Those not yet retired will lose at least 10 percent. [Full Article...]

BP takes $1.7 billion charge on Deepwater Horizon claims closure

BP takes $1.7 billion charge on Deepwater Horizon claims closure Oil major BP will take a $1.7bn (£1.2bn) charge as it winds down a settlement over the 2010 Deepwater Horizon disaster in the Gulf of Mexico. BP p.l.c. The explosion at BP's Macondo well in April 2010 killed 11 men and spewed millions of barrels of crude into the Gulf of Mexico in the worst offshore oil spill in U.S. [Full Article...]

Citigroup reports steep Q4 losses tied to United States tax reform

Citigroup reports steep Q4 losses tied to United States tax reform Citigroup , the fourth-largest US lender, stands to gain less than peers because it already earns about half of its profits in lower-tax countries overseas. Equity markets revenue declined 23 percent, reflecting an episodic loss in derivatives of about $130 million related to a single client event. Excluding the effects of the tax revamp, the financial giant's net income was up four percent over... [Full Article...]

Premier Foods' growth led by worldwide sales ... and mince pies

Premier Foods' growth led by worldwide sales ... and mince pies The group's growth came predominantly from its unbranded business. The food giant announced that Batchelor's had delivered its fourth successive quarter of sales growth, which it said reflected the "continued benefits of the Nissin strategic partnership", with Batchelor's Super Noodles in a pot delivering over £5 million sales since its launch a year ago. [Full Article...]

Patanjali to partner with Flipkart, Amazon

Patanjali to partner with Flipkart, Amazon It should not surprise you that two of the top five products on this section are Herbal Sex products- Shilajeet Powder ranked #1, followed by Shilajeet Capsule, ranked #4. The company has also launched its e-commerce platform www.patanjaliayurved.net which according to the company helped it to make sales of more than Rs 10 crores in the month of December alone during the trial phase of the portal. [Full Article...]


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