Economy

BB&T Outage Locks Customers Out of Accounts

BB&T Outage Locks Customers Out of Accounts We will continue to provide updates here and on https://t.co/mww5FRNlBb. BB&T Bank posted to its Twitter this morning that its banking services are down because of "a technical issue". As of 10:30am CT Friday morning, BB&T notified customers all banking services have been restored. They say there is no reason to believe the issue is related to cybersecurity. [Full Article...]

Today's Brokerage Rating: Xilinx, Inc. (XLNX), American Electric Power Company, Inc. (AEP)

Somerset Group Llc who had been investing in General Electric for a number of months, seems to be less bullish one the $126.14 billion market cap company. The stock has an average rating of "Hold" and an average price target of $19.86. They set a "buy" rating and a $79.00 target price for the company. An increasing ROE indicates that a company is improving its ability to make profit without requir... [Full Article...]

Africa's Ramaphosa: Land Expropriation Won't Be 'Smash and Grab'

Africa's Ramaphosa: Land Expropriation Won't Be 'Smash and Grab' We need to drive growth in this country.We are struggling along the way in 2017. Wesgro also welcomes Ramaphosa's focus on tourism - a key sector that has enormous potential to boost growth and create jobs. President Ramaphosa will have to find sources of income while drastically reducing state spending, while he has committed himself to respect one of the most expensive commitments of his predece... [Full Article...]

Angry students, parents confront Sen. Rubio

Angry students, parents confront Sen. Rubio It's also unclear whether the officer was aware of Cruz's past behavior at Stoneman Douglas. Students from Hellgate and Sentinel high schools gathered on both sides of the Higgins Avenue Bridge, holding signs and chanting for gun control. [Full Article...]

Kia Motors India to begin production by mid

Kia Motors India to begin production by mid South Korean vehicle manufacturer Kia Motors is investing around $1 billion to set up a. It was in April 2017, that Kia Motors entered into an MoU with the Government of Andhra Pradesh to build a state-of-the-art facility which will see the first vehicle roll out of the assembly line in the second half of 2019. [Full Article...]

Barclays' gender pay gap is "shocking"

Barclays' gender pay gap is Barclays has revealed that women on average earn almost half of what men do at the bank's global division, in figures published today. "The ratio of 2:1 for men in the best-paid jobs should also be a concern to the company - and its 26 shareholders in the regional and national press". [Full Article...]

Standard Life Aberdeen share price jumps as group offloads insurance arm

Standard Life Aberdeen share price jumps as group offloads insurance arm Standard Life Aberdeen (LON: SLA)'s stock had its "under review" rating reaffirmed by stock analysts at Numis Securities in a research report issued on Friday. The sale to Phoenix comes in the wake of failed talks between Standard Life Aberdeen and Lloyds Banking Group (LON:LLOY) which ended last week with the bank and its Scottish Widows life assurance business deciding to withdraw £109bn of ... [Full Article...]

Bank halts NRA credit card, auto rental firm ends discount

Bank halts NRA credit card, auto rental firm ends discount Three top auto rental companies are ending their discount programs for National Rifle Association (NRA) members, becoming the latest business to cut ties with the gun group. It also noted Enterprise "offers members an unspecified discount". NRA spokeswoman Dana Loesch and Wayne LaPierre, the CEO of the gun-advocacy group, doubled down on their defense of the lobby on Thursday, hours after L... [Full Article...]

Regulators remove Anbang chairman Wu Xiaohui for 'economic crimes', take over conglomerate

Regulators remove Anbang chairman Wu Xiaohui for 'economic crimes', take over conglomerate Wu Xiaohui, the chairman of Chinese insurance and investment conglomerate Anbang Group, has been removed from his post and faces prosecution, the China Insurance Regulatory Commission said on Friday. Including that deal, it spent more than $20 billion on 20 overseas purchases between 2014 and 2017, according to financial data provider Dealogic. The insurance regulator confirmed he was being "pro... [Full Article...]

Amazon.com, Inc. (AMZN) Is Opening More Amazon Go Stores

Amazon.com, Inc. (AMZN) Is Opening More Amazon Go Stores In the first Amazon Go store in Seattle, there are workers who prepare fresh food and meals in an open kitchen visible to shoppers. AndNowUKnow will report on any updates for this and other intriguing stories in the buy-side and beyond for the produce industry. [Full Article...]

South Korea Cryptocurrency: Government's Support Leads to Bitcoin Volume Surge

South Korea Cryptocurrency: Government's Support Leads to Bitcoin Volume Surge Other cryptocurrencies are also not having the steadiest of months. The cryptocurrency market has been in a stable recovery in the past couple of weeks, once again jumping over the $500 billion mark , data from CoinMarketCap showed. [Full Article...]

Oil prices climb on falling stockpiles

Oil prices climb on falling stockpiles USA crude oil production was virtually unchanged at 10.27 million barrels per day (bpd), close to levels of top producer Russian Federation and more than OPEC-kingpin Saudi Arabia pumps. In a market structure called backwardation, prompt crude prices are higher than forward prices, discouraging storage. "Crude oil inventories will not increase as they have done historically, because of our abili... [Full Article...]

May holds Chequers Brexit cabinet meeting

May holds Chequers Brexit cabinet meeting Meanwhile, overall net migration - the different between people coming and going - have fallen by 29,000 to 244,000 during the same period. "Brexit could well be a factor in people's decision to move to or from the United Kingdom, but people's decision to migrate is complicated and can be influenced by lots of different reasons", said Nicola White, head of global migration statistics at the ONS.... [Full Article...]

Bahrain activist jailed for five years over Twitter comments

Bahrain activist jailed for five years over Twitter comments Yesterday Heather Nauert, the spokesperson for the State Department, said officials were "disappointed" by Rajab's convictions and said the U.S. is continuing "conversations with the government of Bahrain about our very serious concerns". [Full Article...]

Toys R Us to close additional 200 stores, reports Wall Street Journal

Toys R Us to close additional 200 stores, reports Wall Street Journal Lucie counties . New Jersey-based Toys R Us announced that it had filed for bankruptcy protections on January 23. You might also be interested in. Record has learned that Toys R Us plans to hold a staff meeting today at its Wayne headquarters. Toys "R" Us has struggled with debt since private-equity firms Bain Capital, KKR & Co. [Full Article...]

BC Wine Institute to seek injunction on Alberta's ban

BC Wine Institute to seek injunction on Alberta's ban The British Columbia Wine Institute is seeking a court injunction to stop Alberta from boycotting B.C. wine over the pipeline expansion dispute. But, we have learned only recently that B.C.is negotiating a contract with its neighbour, Alberta , for purchase of Site C power to be exported to Alberta to the value of $500 million per year. [Full Article...]

Wealthfront Inc. Decreases Holdings in Chesapeake Energy Co. (CHK)

Wealthfront Inc. Decreases Holdings in Chesapeake Energy Co. (CHK) Finally, Toronto Dominion Bank raised its holdings in Chesapeake Energy by 10.3% in the fourth quarter. All Terrain Financial Advisors LLC purchased a new position in shares of Chesapeake Energy during the fourth quarter worth $170,000. [Full Article...]

Get to Know Russian Olympic Hope Alina Zagitova

Get to Know Russian Olympic Hope Alina Zagitova At the team event, she was chosen for the free skate and crushed the field, miles ahead of the heralded performance of Mirai Nagasu of the United States. "I'm trying not to think about medals", Medvedeva said. "My main goal is to show a clean free skate and to be satisfied with performance inside", the 18-year-old continued. [Full Article...]

From New Airbnb Plus, Properties With More Amenities

From New Airbnb Plus, Properties With More Amenities Chesky said the company would be adding as many as 1000 new categories. Airbnb will also add options of Airbnb for family and Airbnb for work. Rather than just booking a hotel at a luxury resort you find on TripAdvisor, Airbnb is trying to build the credibility that it can offer unique experiences you won't find in those hotel environments - whether that's a tiny apartment in the middle of Shinj... [Full Article...]

Ellen makes Billionaire Bill Gates guess grocery prices

Ellen makes Billionaire Bill Gates guess grocery prices Microsoft cofounder Bill Gates failed miserably at guessing the price of common grocery items in a quiz game on " Ellen " Wednesday. If Gates guessed within a buck of the real price, the audience would win a prize. The show also shared a video of DeGeneres interviewing Gates, in which he discusses his indoor trampoline room, becoming a billionaire at 21, and the work of the Bill & Melinda Ga... [Full Article...]


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