Money

Dow slumps 362 points, health care stocks sink

Dow slumps 362 points, health care stocks sink The S&P health sector tumbled 1.6 percent, the most among the 11 major sectors. Moves lower come ahead of President Donald Trump's State of the Union speech later Tuesday and as investors await the conclusion of the Federal Reserve's two-day policy meeting. [Full Article...]

Facebook bans ads promoting cryptocurrencies, ICOs

Facebook bans ads promoting cryptocurrencies, ICOs Facebook is prohibiting all cryptocurrency ads, including those on Instagram, the company announced on Tuesday . It's a far-reaching policy, and Facebook describes it as "intentionally broad". "There are many companies who are advertising binary options, ICOs and cryptocurrencies that are not now operating in good faith", Leathern said. Leathern said the company wanted to make it "harder for... [Full Article...]

The makers of Keurig espresso and Dr. Pepper are merging

The makers of Keurig espresso and Dr. Pepper are merging About 1.16M shares traded. "From DPS' perspective at this time it makes a lot of sense", said Josh Blechman, director of capital markets at Exponential ETFs, which owns shares of Dr Pepper Snapple . It is positive, as 52 investors sold OKE shares while 103 reduced holdings. Traders bid up shares in retailers, fast-food chains and other companies that provide consumer goods and services. [Full Article...]

Russian athletes cleared to compete under neutral flag

Russian athletes cleared to compete under neutral flag High profile Russian athletes, including short track speed skating star Victor An, were banned from taking part in the Games this week. Japan is expected to field 123 athletes, its most for any Winter Olympics held overseas. "I was thinking it would be more why I was qualified for the job, so I had prepared that way, but it was more questions in general", she said . Years of training and end... [Full Article...]

Hackers stole $400 million worth of crypto coins from Coincheck

Hackers stole $400 million worth of crypto coins from Coincheck It later added that it had restricted dealings in most other cryptocurrencies too. Mt. Gox declared bankrupcy in what became one of the largest crypto scandals that shook the market in 2013-2014. In the press conference that the cryptocurrency exchange officials had organized, the CEO didn't speak much about security weaknesses and when probed, all he did was apologize about the hack. [Full Article...]

Sungevity Announces Response to Trump Administration's Solar Tariffs

Sungevity Announces Response to Trump Administration's Solar Tariffs The decline in solar panel prices has served the residential consumer well, reduced fossil fuel consumption and resulted in a favorable contribution to job growth in the United States. "We import most of our oil from overseas", he said . In particular, many utilities and construction companies are anxious about the tariff because most of the panels they use are imported. [Full Article...]

US Government Bonds Strengthen After BOJ's Kuroda Stands By Stimulus

US Government Bonds Strengthen After BOJ's Kuroda Stands By Stimulus The 10-year JGB futures price rose 0.10 point to 150.47 while the benchmark cash 10-year JGB yield dipped 0.5 basis point to 0.070 percent, slipping further from a six-month high of 0.090 percent set on Thursday. Republicans and Democrats reached an accord on the bill. A bond with a face value of 100 yen might be purchased for 101 yen, for example, putting 1 more yen into the national coffers. [Full Article...]

Loya death will be examined objectively, says CJI Bench

Loya death will be examined objectively, says CJI Bench In the speech after the release of the book titled " Supreme Court Of India, The Beginning ", Justice Chelameswar said that for the survival of a liberal democracy, an impartial judiciary is essential. In a timely and just intervention, the Supreme Court of India, despite the unfortunate controversy surrounding it as an institution generated by the actions of four of its own, has transferred all... [Full Article...]

No More Bitcoin Payments on Stripe

No More Bitcoin Payments on Stripe Stripe, the platform that helps over 100,000 business accept online payments, has announced it will stop supporting bitcoin in April . This isn't a death knell for bitcoin , but it is a bad sign for the digital currency's viability in payments. [Full Article...]

Whose fault? Tesla crashes into hearth truck, driver blames autopilot

Whose fault? Tesla crashes into hearth truck, driver blames autopilot A man who was found passed out behind the wheel of his Tesla on the Bay Bridge in San Francisco on Friday was arrested on suspicion of drunken driving, officials said . But Tesla drivers don't always seem to get that message. No one was injured in the crash, and the driver was arrested even though he claimed the autopilot was engaged and was driving for him, The Washington Post reported . [Full Article...]

U.S. to overtake Saudi crude oil production in 2018

U.S. to overtake Saudi crude oil production in 2018 Neither minister said whether the cuts would continue in 2019. As of Friday (January 19) at 1:35 p.m. EST, oil prices were down, sitting at $63.35 per barrel. Ministers will need to see how the market develops before deciding if there's a need to adjust caps on production, he told reporters earlier. According to Novak, the market is becoming balanced. [Full Article...]

County of Simcoe fails to make shortlist for Amazon HQ2

County of Simcoe fails to make shortlist for Amazon HQ2 The announcement comes almost three months after Miami submitted its proposal to bring the company's hub to South Florida. "Getting from 238 to 20 was very tough - all the proposals showed tremendous enthusiasm and creativity", Ms. "If you have low crime, low taxes, low regulation, a good infrastructure and you have, more than anything, a great educational system, we will not have a single pro... [Full Article...]

White House Doctor Confirms: Trump In "Excellent" Mental And Physical Health

White House Doctor Confirms: Trump In Trump was listed at 75 inches tall and weighing 239 pounds, according to the exam results . A weekly recap of the top political stories from The Globe, sent right to your email. President TrumpDonald John TrumpDems flip Wisconsin state Senate seat Sessions: "We should be like Canada" in how we take in immigrants GOP rep: "Sheet metal and garbage" everywhere in Haiti MORE said in a new inte... [Full Article...]

Monthly Amazon Prime memberships on the rise

Monthly Amazon Prime memberships on the rise If you opt for the monthly payment instead of annual plan for Amazon Prime , take note that your price is going up. Since then, Prime membership growth has been the strongest among households making less than $50,000 annually, an R.W. Remember, the service is poised to roll out a Lord of the Rings TV series in the near future, which could end up being the most expensive show ever made . [Full Article...]

Aldridge, Mills carry Spurs to victory in Brooklyn

Both teams played well offensively in the first half. The game finished with a total of 206 points, which was just 1 points below the projected point total of 207 points. He also was sidelined briefly because of a shoulder injury. Aldridge continued to dominate for the remainder of the quarter, and the Spurs took a 76-64 lead into the final quarter. [Full Article...]

UP police busts biggest haul of demonetised currency notes in Kanpur

UP police busts biggest haul of demonetised currency notes in Kanpur It took a team of 25 investigators drawn from the income-tax department, the National Investigation Agency and the crime branch the whole night to count the money. They have been booked under various sections of the IPC and the Specified Bank Notes (Cessation of Liabilities) Act, which makes possession of more than 10 pieces of old Rs 500 and Rs 1,000 notes a criminal offence, attracting fine of R... [Full Article...]

Trending Stocks Alert: UnitedHealth Group Incorporated (UNH), HSBC Holdings plc

Trending Stocks Alert: UnitedHealth Group Incorporated (UNH), HSBC Holdings plc Saratoga Research & Investment Management decreased its stake in Apple Inc (AAPL) by 99.84% based on its latest 2017Q3 regulatory filing with the SEC. Icon Advisers Co has 10,000 shares. Investors sentiment increased to 0.7 in 2017 Q3. (NYSE:AJG) for 33,346 shares. It also increased its holding in Thermo Fisher Scientific Inc (NYSE:TMO) by 5,626 shares in the quarter, for a total of 75,025 share... [Full Article...]

Gold Up on Report China May Slow US Treasury Buys

Gold Up on Report China May Slow US Treasury Buys The USD was down nearly 0.5% to 92.0 on the DXY index . After the Bloomberg report , USA 10-year Treasury yields climbed five basis points to almost 2.6% for the first time since last March, up about 15 basis points from the end of last year. [Full Article...]

Kenya Airways launches non-stop direct flight from Narobi to NY

Kenya Airways launches non-stop direct flight from Narobi to NY The US route completes an essential piece on KQ network which flies to various Africa, Europe, Middle-East, Indian sub-continent and Asia destinations "It fits within our strategy to attract corporate and high-end tourism traffic from the world to Kenya and Africa". [Full Article...]

Zara Apologizes for Listing Taiwan As Country

Zara Apologizes for Listing Taiwan As Country Aside from closing down the website, the Shanghai Cyberspace Administration said in statement that it was shutting the Marriott's mobile phone application, in a move that would also disrupt bookings. The warnings signal that the country may deploy more sticks against foreign companies that can't risk losing business in the world's second-biggest economy. [Full Article...]


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