Economy

Vandals strike at Iowa's 'Field of Dreams'

Vandals strike at Iowa's 'Field of Dreams' Someone drove a vehicle over the turf Monday night leaving deep grooves in the mud that falling temperatures turned into ice-caked trenches. Al Steffen, the site's field manager, said there are no security cameras on the field. We pray for whomever did this to our special place that they find peace in their hearts. According to the GoFundMe page, the field's irrigation system also was damaged. [Full Article...]

Please tell Davos about wealth disparity in India: Rahul to Modi

Please tell Davos about wealth disparity in India: Rahul to Modi He declared that India will become a $5 trillion economy by 2025, as he invited some of the most powerful leaders and CEOs to invest in India. "The global flow of data is creating big opportunities as well as challenges", Prime Minister Modi said. [Full Article...]

EU Slaps Qualcomm With a $1.2 Billion Antitrust Fine

EU Slaps Qualcomm With a $1.2 Billion Antitrust Fine While that might not sound as though it's a huge offence, European Union commissioner Margrethe Vestager explained the sanction by saying, "Qualcomm illegally shut out rivals from the market for LTE baseband chipsets for over five years, thereby cementing its market dominance". [Full Article...]

Allow Burger King's New Ad to Explain Net Neutrality to You

Allow Burger King's New Ad to Explain Net Neutrality to You A lot of people still don't understand what the big deal is when it comes to net neutrality, so the fast food chain made a decision to demonstrate using, what else, its classic Whopper® sandwich. Members of the commission voted along party lines, 3-2 approving the repeal . "This is fucking insane", a customer says at one point in the video . [Full Article...]

SpaceX To Launch Tesla Roadster In Mars Orbit (Really)

SpaceX To Launch Tesla Roadster In Mars Orbit (Really) Generated quite a thunderhead of steam", Musk wrote . Come for the cloud plumes, stay for the sound. Other possible targets for Falcon Heavy include Saturn's moons Titan and Enceladus and the ice giants Neptune and Uranus. Musk has said the payload "will be in deep space for a billion years or so if it doesn't blow up on ascent". With its heavy-lift capability, the rocket can fling larger pro... [Full Article...]

Why Vietnam Is Spinning Atop Global Washing-Machine Market

Why Vietnam Is Spinning Atop Global Washing-Machine Market What REC needs, Sullivan said, is a “global resolution” of the solar panel dispute. China, the world's biggest solar panel producer, has already branded the move an "over-reaction". However, many solar companies, like Sun Tribe Solar in Charlottesville, feel it will do the opposite. China along with India are to help make solar the leading new source of power generation over the coming decades... [Full Article...]

Jerome Powell In As Federal Reserve Chair

Jerome Powell In As Federal Reserve Chair The 13 senators who voted against Powell's nomination included four Republicans, eight Democrats and Sen. There were five alone interest rate increases in December. Trump will be able to essentially remake the Fed's board during his first two years in office. Powell is also tasked with overseeing the bank's efforts to regulate the financial sector, working to implement and enforcement numerous r... [Full Article...]

Amazon's Cashier-Less Grocery Store Opens to the Public

Amazon's Cashier-Less Grocery Store Opens to the Public Shoppers can also pack the items directly to their own bags. Customers don't really waste much time entering the store or waiting in line to pay for the product. Why did you build Amazon Go? "While other retailers may not be ready to offer their consumers a checkout-free experience at this time , savvy retailers can effectively compete against ( Amazon Go) by continuing to connect their ... [Full Article...]

Bacardi To Buy Patrón Tequila

Bacardi To Buy Patrón Tequila The deal will make Bacardi the No. 1 spirits player in the super-premium segment in the US and the second largest spirits company in market share by value in the USA, the company said, citing IWSR data. According to council spokesman Frank Coleman , total tequila sales in the US jumped 120% between 2002 and 2016. As sales in the category surged, Diageo PLC previous year paid US$1 billion to... [Full Article...]

Tesla Model S plows into a fire truck while using Autopilot

Tesla Model S plows into a fire truck while using Autopilot Tesla hasn't confirmed whether the vehicle was on autopilot as the driver claims, but a representative told SFGate that "autopilot is intended for use only with a fully attentive driver". However, the feature is "intended for use only with a fully attentive driver", according to company officials by media. But Tesla drivers don't always seem to get that message. [Full Article...]

Are Analysts Bullish about Volution Group plc (LON:FAN) after last week?

Numis Securities maintained the shares of UTG in report on Tuesday, January 26 with "Add" rating. The rating was initiated by Sterne Agee CRT on Thursday, April 7 with "Buy". Its up 0.07, from 1.01 in 2017Q2. Shares for $138,945 were sold by TIRADOR GABRIEL . 25 funds opened positions while 42 raised stakes. Moreover, Pacific Ridge Capital Partners Llc has 0.8% invested in the company for 233,513... [Full Article...]

Bank of Japan Sticks to View on 2% Inflation

Bank of Japan Sticks to View on 2% Inflation The central bank earlier this month announced it was slightly reducing its purchases of long-dated Japanese government bonds, which led to speculation that the institution would be the latest to follow in the footsteps of global central banks in tightening policy. [Full Article...]

Johnson & Johnson Q4 Earnings Rise 10%

Johnson & Johnson Q4 Earnings Rise 10% On Monday, Shares of Johnson & Johnson ( NYSE: JNJ ) expressed a change of -0.02% and is now trading at $147.32. About 8.74M shares traded or 58.03% up from the average. The company was maintained on Sunday, August 27 by RBC Capital Markets. The stock of Johnson & Johnson (NYSE: JNJ ) earned "Hold" rating by Jefferies on Thursday, July 14. [Full Article...]

Twitter shares fall on concern high govt Noto might go away

Twitter shares fall on concern high govt Noto might go away It's unclear whether Noto's resignation from Twitter is effective immediately, but Social Finance Inc. announced this morning that he will take the helm starting on March 1. At Twitter , Noto has led business and revenue operations since 2016. "On behalf of the entire team, I want to thank Anthony for his passion and his impact, and congratulate him on his new role". [Full Article...]

Hundreds of Journals Found In House Where 13 Children Kept Chained

Hundreds of Journals Found In House Where 13 Children Kept Chained Employees at the assessor's office could not remember her visiting her father at the courthouse. Louise did everything to keep her family at a distance, discouraging visits from her parents and maintaining the facade that she had a wealthy existence and wanted for nothing. [Full Article...]

Blizzard, Winter Storm Warnings Continue For Part Of South Dakota

Blizzard, Winter Storm Warnings Continue For Part Of South Dakota But the official snow total at Denver International Airport was 3.5 inches of snow. Falling and blowing snow with strong winds and poor visibilities are likely. The storm, which the Weather Channel has named Winter Storm Jaxon, dumped heavy snow over the western mountains on Saturday - good news for snow-starved ski resorts in Utah, Idaho and Montana. [Full Article...]

Trying to bring petrol , diesel under GST: Pradhan

Trying to bring petrol , diesel under GST: Pradhan Union Oil Minister Dharmendra Pradhan on Sunday said his Ministry is trying to bring petrol and diesel under the purview of the Goods and Services Tax (GST). Diesel prices soared to their highest level of Rs 62.25 per litre in Delhi. "We are hopeful that the GST Council will agree to it shortly", the Petroleum and Natural Gas Minister told reporters in Ujjain. [Full Article...]

Rupert Murdoch Sky bid 'not in public interest', says United Kingdom regulator

Rupert Murdoch Sky bid 'not in public interest', says United Kingdom regulator The CMA is now welcoming responses from interested parties to its proposed findings, including views on Fox's announcement in December 2017 to sell certain assets, including its interests in Sky , to The Walt Disney Company. The CMA added that Fox had a "genuine commitment" to broadcasting standards and recent allegations of sexual harassment against Fox News employees in the USA were not r... [Full Article...]

Bitcoin leads crypto-decline on Korean tax plans

Bitcoin leads crypto-decline on Korean tax plans Bitcoin and other cryptocurrencies fell on Tuesday as South Korea continued to target the exchanges on which the controversial digital currency units are traded. Some of cryptocurrency's greatest strengths - pseudonymity, a degree of decentralization, and independence from trusted third parties like banks and central governments - have also made it a favored medium for money laundering, tax evas... [Full Article...]

TSA points emergency order on cargo from 5 majority-Muslim nations

TSA points emergency order on cargo from 5 majority-Muslim nations The Transportation Security Administration announced Monday that cargo planes traveling from five countries in the Middle East will have their shipments more heavily scrutinized, CBS News. As a result of that change, passengers flying to the USA from 10 airports aboard nine airlines from eight countries in Africa and the Middle East were required to stow electronics larger than 6 inches long, 4 in... [Full Article...]


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