Economy

London outlines safety-first regulations for Uber ahead of appeal

London outlines safety-first regulations for Uber ahead of appeal Transport for London wants to update laws that've been left behind by tech developments like ride-hailing apps. Uber's appeal is due to begin on April 30. Uber says that it has already implemented its new policy of reporting violent incidents to the police in London, and is in discussions with police departments across the United Kingdom about expanding it. [Full Article...]

Commerce Dept. backs tariffs on imported aluminum and steel

Commerce Dept. backs tariffs on imported aluminum and steel But it would lead to certain criticism that Trump risks putting the US economy's growth at risk. Trump authorized the probes under a 1962 trade law that has not been invoked since 2001. The Commerce Department is recommending tariffs on all steel and aluminum imports, higher tariffs on imports from specific countries or a quota on imports. [Full Article...]

'Collapse' in home-ownership among young adults on middle incomes, study finds

'Collapse' in home-ownership among young adults on middle incomes, study finds Twenty years ago, middle-income young adults had home ownership rates much more similar to high-income young adults, the IFS said. In 2014-17, a third of 25-34 year olds whose parents were in a low occupational class, owned their own property compared with 43% of those whose parents were in a higher occupational class. [Full Article...]

PNB fraud: Nirav Modi spotted near his jewelry boutique in NY

PNB fraud: Nirav Modi spotted near his jewelry boutique in NY There are reports that even Siddharth has been contemplating legal action against the fugitive businessman, who joined the CEO meeting of Prime Minister Narendra Modi in Davos last month. They all left India between January 1 and 6, the CBI said. Nirav Modi took a flight out of the country on January 1 with his brother Nishal, who is a Belgian citizen. [Full Article...]

Willingdon Wealth Management Purchases Shares of 74361 The Coca-Cola Co (NYSE:KO)

Willingdon Wealth Management Purchases Shares of 74361 The Coca-Cola Co (NYSE:KO) About 6.66M shares traded. Hugh Johnson Advsrs Limited Liability Corp has 0.06% invested in The Coca-Cola Company (NYSE:KO). Intrust Bank Na increased its stake in British Amern Tob Plc (BTI) by 259.96% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

Have Investors Already Priced In Healthcare Realty Trust Incorporated's (NYSE:HR) Growth?

It has outperformed by 99.37% the S&P500. American Money Management Llc increased its stake in Union Pacific Corp (UNP) by 19.97% based on its latest 2017Q3 regulatory filing with the SEC. 11 funds opened positions while 16 raised stakes. 176.43 million shares or 2.12% more from 172.77 million shares in 2017Q2 were reported. The number of shares now owned by investors are 175.43 mln. [Full Article...]

Stock Buyback Plan Announced by Interpublic Group of Companies (IPG)

It has underperformed by 13.69% the S&P500. The average volume was noted at 5423.41K shares while its relative volume was seen at 3.22. Its up 7.63% from 3.48 million shares previously. Hon Hai Precision Gdr Gdr was reduced too. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill. [Full Article...]

911 audio - Troopers, police use stop sticks on 'runaway' vehicle

911 audio - Troopers, police use stop sticks on 'runaway' vehicle When the operator asked him if he could shift his auto in neutral, she probably heard the fear and frustration in his voice as he responded, "I can't, ma'am, I tried that already". The second attempt blew two tires on the right side, which slowed the auto to about 60 miles per hour, the Florida Highway Patrol stated. He said he didn't want to use the emergency brake at the speed he was traveling. [Full Article...]

Standard Life Aberdeen set to lose Scottish Widows portfolio

Standard Life Aberdeen set to lose Scottish Widows portfolio In response, Standard Life Aberdeen's chief executives Keith Skeoch and Martin Gilbert said: "We are disappointed by this decision in the context of the strong performance and good service we have delivered for LBG, Scottish Widows and their customers". [Full Article...]

Airbus takes €1.3b charge on A400M military plane

Airbus takes €1.3b charge on A400M military plane Analysts had predicted a profit of 3.99 billion euros ($4.98 billion), the average of 13 estimates. The various problems with these production programs have overshadowed what was otherwise a strong year for Airbus in terms of earnings, as global demand for commercial aircraft grows. [Full Article...]

Coincheck to file report to authorities

Coincheck to file report to authorities Coincheck Inc. users withdrew ¥40.1 billion ($373 million) from the cryptocurrency exchange on Tuesday, the first day customers were allowed to pull out in the wake of the cybertheft of ¥58 billion ($533 million) worth of digital currency last month. [Full Article...]

Exercise may lower Alzheimers risk

Exercise may lower Alzheimers risk Over time, the researchers say that this degradation can lead to negative health outcomes like cognitive decline and memory loss - both of which are characteristic of dementia. The O'Donnell Brain Institute is also leading a five-year national clinical trial aiming to establish how fitness levels and Alzheimer's disease are connected. [Full Article...]

Gilead Sciences, Inc. (GILD) stock returned 12.31% positive in past quarter

Gilead Sciences, Inc . (NASDAQ: GILD ) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. Boston Family Office Lc reported 1.05% stake. Stralem & Company holds 12,100 shares. Hedge funds and other institutional investors own 76.47% of the company's stock. [Full Article...]

Drake surprises hotel maid with shopping spree

Drake surprises hotel maid with shopping spree Paret, a Haitian mother of five, wakes up every day at 4:30 a.m.to take a long commute, highlighting the current transportation issues within Miami. "So I said, 'Drake!' " Paret recalled to the Miami Herald about coming face-to-face with the generous star. [Full Article...]

Cisco Systems, Inc. (CSCO) Q2 Profit & Revenue Beat The Street

Cisco Systems, Inc. (CSCO) Q2 Profit & Revenue Beat The Street ChemoCentryx, Inc. (NASDAQ:CCXI) has risen 60.64% since February 14, 2017 and is uptrending. It has underperformed by 24.97% the S&P500. Fuller & Thaler Asset Management Inc acquired 17,450 shares as Glatfelter (P.H.) Co (GLT)'s stock declined 23.06%. [Full Article...]

Oil production rises by 167000b/d in January

Oil production rises by 167000b/d in January Oil prices rallied on Wednesday, shaking off earlier weakness as U.S. crude stocks rose less than expected and Saudi Energy Minister Khalid al-Falih said major oil producers would prefer tighter markets than end supply cuts too early. But for oil's gains on Thursday, "the main driver was the weakening US dollar", said Ole Hansen, head of commodity strategy at Saxo Bank. The IEA revised its gl... [Full Article...]

Stock for Low Risk Taking Investors: The Coca-Cola Company (KO)

Stock for Low Risk Taking Investors: The Coca-Cola Company (KO) The Coca-Cola Company (KO) average trading volume of 15,385,895 during the past month is 44.5% above its average volume over the past year, indicating that investors have been more active than usual in the stock in recent times. 58,740 shares or 8.99% less from 64,541 shares in 2017Q2 were reported. Moreover, Ray Gerald L And Ltd has 0.93% invested in The Coca-Cola Company (NYSE:KO). [Full Article...]

FCC Chair Under Investigation By Own Agency, Says Report

FCC Chair Under Investigation By Own Agency, Says Report The deal would give Sinclair control over the vast majority of local TV stations, a prospect that is disturbing for anyone who enjoys diverse, locally-accountable news, rather than having content controlled by one powerful central firm. FCC Chairman Ajit Pai hasn't been on the job long, but is already embroiled in his second large-scale, highly controversial decision. "If you look at the serie... [Full Article...]

BT Group (BT.A) Receives "Equal weight" Rating from Morgan Stanley

The firm has "Add" rating given on Wednesday, March 8 by Numis Securities. In analysts report issued to clients on Thursday, 15 February, EI Group Plc (LON:EIG) stock "Buy" was restate by Analysts at Peel Hunt. Wells Fargo & Mn accumulated 0% or 573,196 shares. Ashtead Group plc, together with its subsidiaries, rents a range of construction and industrial equipment. [Full Article...]

Buffett's firm invests in drugmaker Teva, trims Phillips 66

Buffett's firm invests in drugmaker Teva, trims Phillips 66 But that is not to say that companies with negative EPS should be avoided. 64 investors had the stock in their top 10. It fall, as 61 investors sold U.S. It's also been weighed down by the mountainous debt it incurred when it acquired Allergan's generic-drug business in 2016 for $33.43 billion in cash and about 100 million shares. [Full Article...]


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