Money

ISPA supports changes to broadband ad rules

ISPA supports changes to broadband ad rules Currently ISPs are allowed to use headline speeds that only 10 per cent of customers receive. The Committees of Advertising Practice (CAP) is toughening up the standards following research which found they are now likely to mislead consumers. [Full Article...]

Uber hacked and paid up $100000 for concealed data

Uber hacked and paid up $100000 for concealed data Two members of the Uber information security team who "led the response" that included not alerting users that their data was breached were let go from the San Francisco-based company effective Tuesday, according to Khosrowshahi . Despite the fact this happened over a year ago, Uber chose to keep it a secret from the public. Khosrowshahi says hackers accessed the data through a third-part... [Full Article...]

The type of booze that's most likely to make you cry

The type of booze that's most likely to make you cry Breaking down the results further, the research team found that men were more likely to report feeling aggressive when drinking in general compared to women. This can result in a quicker stimulating effect as blood alcohol levels increase. They may also be consumed in different social occasions so people may be drinking them deliberately to feel the drunken effect quickly while other types of ... [Full Article...]

Tencent becomes first Asian company to hit US$500bn market cap

Tencent becomes first Asian company to hit US$500bn market cap Nevertheless, the company outside China is not very well-known, but owns the most popular messaging service in the country called WeChat, which has almost 1 billion active users. Instead, Tencent has made investment in different part of the U.S.as well as Asia. Tencent also acquired a majority stake in Finnish smartphone maker Supercell, the firm behind the popular Clash Of Clans mobile game. [Full Article...]

Foxconn Uses Illegal Student Labor to Build iPhone X

Foxconn Uses Illegal Student Labor to Build iPhone X According to the six students, there are about 3,000 students assembling parts. Interns at a factory operated by Hon Hai Precision Industry Co., part of Taiwan's Foxconn Technology Group, worked voluntarily and received benefits, though worked longer days than Chinese law permits, Apple said in a statement. [Full Article...]

London buses will run on waste coffee grounds from today

London buses will run on waste coffee grounds from today Meanwhile, the companies said in a press release, "Shell and bio-bean announce that together they are helping to power some of London's buses using a biofuel made partly from waste coffee grounds". Shell's involvement in the venture forms part of the oil company's #makethefuture energy relay, which supports entrepreneurs in the energy sector. Founder Arthur Kay said it was a "great example of ... [Full Article...]

Deal Diva: Get ready for Black Friday deals

Deal Diva: Get ready for Black Friday deals Whatever you've been eyeing for the past year, a little preparation (and self-control) can make sure you get the best deals and avoid feeling cheated or shortchanged. Last year, numerous best deals sold out within minutes and others within hours, so be quick if you see what you're looking for because it might not be there for long. [Full Article...]

Tesla Is Getting Into The Big Rig Business With Electric Semi-Truck

Tesla Is Getting Into The Big Rig Business With Electric Semi-Truck But if Musk follows through on the promised specs, the Semi and the Roadster should set new standards for electric vehicles. What do you make of the Tesla Semi Truck? The price tag on the semi truck is unknown for now. "You can lose two of the four motors and the truck will still keep going", he said. What if we just made a mini version of the Tesla semi? Of course, the Model 3 l... [Full Article...]

Foot Locker makes strides as Q3 tops estimates

Foot Locker makes strides as Q3 tops estimates Gross margins also declined in the period, to 31.0% percent of sales from 33.9% past year. Bank of New York Mellon Corp boosted its holdings in Foot Locker by 32.0% in the third quarter. This represents a $1.24 dividend on an annualized basis and a yield of 3.97%. Foot Locker's dividend payout ratio is 28.64%. Cowen and Company reissued a "hold" rating and issued a $52.00 price objective on sh... [Full Article...]

ME unemployment dips to 3.5% in October

ME unemployment dips to 3.5% in October Topeka's unemployment rate fell to 2.9 percent in October, down four-tenths of a point in September and down a full percentage point compared with October 2016. The labor force decreased by 13,400 from 3,669,500 in September, as 5,600 fewer residents were employed and 7,700 fewer residents were unemployed over the month. [Full Article...]

Norway's pension fund could cut billions in oil stocks to spread risk

Norway's pension fund could cut billions in oil stocks to spread risk It also has shares worth more than $1bn in oil services firm Schlumberger and Italy's Eni, whose share price slumped 0.86%. McKibben compared the bank's recommendation to "the moment when the Rockefellers divested the world's oldest oil fortune" in 2014, when the heirs to Standard Oil said that if founder John D. [Full Article...]

AAA predicts 51 million travelers this Thanksgiving, highest volume since 2005

AAA predicts 51 million travelers this Thanksgiving, highest volume since 2005 Road trip ready: 89 percent of all travelers - 45.5 million - are planning a Thanksgiving road trip, an increase of 3.2 percent over a year ago. AAA expects almost 51 million Americans to hit the road for Thanksgiving travel next week, the highest volume for Turkey Day travel in a dozen years. [Full Article...]

Airbus Announces Nearly $50 Billion Deal

Airbus Announces Nearly $50 Billion Deal Investment group Indigo Partners has bought the Airbus machines to use in its "low-cost" plane rental service, which was founded by the American, Bill Franke; considered to be one of the airline industry's most influential figures. Speaking at the Dubai Airshow Tuesday, the Chief Executive of Ethiopian Airlines , Tewolde Gebremariam, said the deal underlined the vitality of air traffic in North... [Full Article...]

Oil market could tip out of balance on rising non-Opec production

Oil market could tip out of balance on rising non-Opec production To be sure, the IEA expects Canadian oil production to rise - to 6.2 million barrels per day by 2040 from 4.5 million bpd in 2016, 100,000 bpd more than the IEA's last report. But analysts expect the price to not rise much further in coming months as the USA ramps up production. "Prices ... are starting to look like a pause or pullback is needed", said Greg McKenna, chief market strategist at fu... [Full Article...]

Nvidia Climbs To Record High On Upbeat Q3 Results

Nvidia Climbs To Record High On Upbeat Q3 Results Greenwood Capital Associates Llc who had been investing in Cbs Corporation for a number of months, seems to be bullish on the $24.28B market cap company. RBC Capital Markets reinitiated NVIDIA Corporation (NASDAQ: NVDA ) on Friday, August 28 with "Sector Perform" rating. 3,107 shares were sold by SEAWELL A BROOKE , worth $434,980. [Full Article...]

(JCP) Shares Sold by the Bank of New York Mellon Corp

(JCP) Shares Sold by the Bank of New York Mellon Corp J C Penney Company Inc also notes that its comparable sales for the third quarter of 2017 were up by 1.7% . Finally, Jefferies Group reissued a "hold" rating and issued a $10.00 target price on shares of J.C. During the same period in the previous year, the firm posted ($0.21) EPS. Holding's quarterly revenue was down 1.8% on a year-over-year basis. analysts predict that J.C. [Full Article...]

Toy Company Rivals Hasbro And Mattel May Soon Become One

Toy Company Rivals Hasbro And Mattel May Soon Become One Joe under the same roof. Despite its financial woes, brands like Fisher Price and Hot Wheels, which are still seen as valuable, are said to make Mattel "ripe for a takeover" by Hasbro. Mattel has pointed to that bankruptcy as a reason for weak sales. Mattel stock fell on that day to its lowest since 2009. But, the deal could be an opportunity for Mattel, which has struggled financially in recent... [Full Article...]

I Didn't 'Make Decision' to Recommend AT&T Sell CNN

I Didn't 'Make Decision' to Recommend AT&T Sell CNN Stephenson has said he has no interest in selling CNN . The deal's holdup has raised suspicions of political retaliation - even from people who oppose the deal entirely. Raj Shah, a White House spokesman, said in a separate statement that Trump "did not speak with the Attorney General about this matter, and no White House official was authorized speak with the Department of Justice on this matt... [Full Article...]

Nordstrom shares drop as same-store sales disappoint

Nordstrom shares drop as same-store sales disappoint Despite the sales headwinds, Macy's did report adjusted earnings per share of $0.23, topping analysts' estimates calling for $0.19 per share. Nordstrom, Inc . Macy's continues to struggle with brick-and-mortar, with sales at stores open for more than 12 months dropping 3.6 percent. That was worse than the company's guidance of "-2.5% or slightly worse", and Wall Street's view of a -2.7... [Full Article...]

SSE and innogy confirm talks to merge supply and services divisions

SSE and innogy confirm talks to merge supply and services divisions As the cap is aimed at standard variable tariffs and default tariffs, it is expected to threaten the profits of some of the larger suppliers. Two of the UK's biggest energy companies, SSE and npower, have announced plans to merge their residential supply business. [Full Article...]


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