Economy

Pound v USA dollar: GBP rises as United Kingdom economic growth beats expectations

Pound v USA dollar: GBP rises as United Kingdom economic growth beats expectations The net trade deficit widened slightly to GBP 7.83 billion, in volume terms, from GBP 7.67 billion in the second quarter. The 0.4% GDP growth figure for the third quarter is better than the 0.3% rate recorded in the first and second quarters, but weaker than the final three months of 2016, when economic growth of 0.6% was recorded. [Full Article...]

Amazon Acquires Smart Camera And Video Doorbell Company Blink

Amazon Acquires Smart Camera And Video Doorbell Company Blink Blink's doorbell product - and broader smart home products - are exactly what Amazon needs to compete against Google and Nest , which have been aggressively rolling out things like doorbell cameras and whole-home security systems recently. [Full Article...]

Piedmont Investment Advisors LLC Grows Holdings in Activision Blizzard, Inc. (ATVI)

The firm earned "Buy" rating on Friday, October 23 by M Partners. $9.71 million worth of Activision Blizzard, Inc . The firm earned "Neutral" rating on Wednesday, November 8 by Hilliard Lyons. The company was maintained on Wednesday, October 18 by UBS. Piper Jaffray has "Buy" rating and $105.0 target. Deutsche Bank maintained La Quinta Holdings Inc. [Full Article...]

Oklahoma unemployment rate drops in November to 4.2 percent

Oklahoma unemployment rate drops in November to 4.2 percent A report released by the Labor Department on Thursday showed a bigger than expected increase in first-time claims for US unemployment benefits in the week ended December 16th. The state's saw strong job growth came in several sectors including professional and business services, which added 3,330 jobs; trade, transportation and utilities, which added 1,600 jobs; and financial activities, which als... [Full Article...]

African National Congress Votes to Downgrade South African Embassy in Israel

South Africa's ruling African National Congress (ANC) party has passed a resolution to downgrade the South African embassy in Tel Aviv to a "liaison office", in a move aimed at expressing support for the Palestinians. DIRCO officials, he added, are known to hold sympathetic views towards Israel. The South African Jewish Board of Deputies (SAJBD) and the South African Zionist Federation (SAZF) "s... [Full Article...]

Companies' shares soar after adding 'Blockchain' to their names

Companies' shares soar after adding 'Blockchain' to their names As a result, trading opened this morning more than 200 percent higher than last night's closing price. Beverage maker Long Island Iced Tea Corp's shares jumped almost 300 per cent on Thursday after the company said it would rebrand itself Long Blockchain Corp , the latest U.S. [Full Article...]

German union calls for strike Friday by Ryanair pilots

German union calls for strike Friday by Ryanair pilots In a letter to the union obtained by Bloomberg, Eddie Wilson, Ryanair's chief people office, proposed an agenda for the January meeting while saying the union delegation should be composed of VC officials and "currently employed Ryanair pilots in Germany". [Full Article...]

Facebook helping dozens of companies by excluding older workers from job ads

Facebook helping dozens of companies by excluding older workers from job ads Facebook defended the practice. The revelations come at a time when the unregulated power of the tech companies is under increased scrutiny, and Congress is weighing whether to limit the immunity that it granted to tech companies in 1996 for third-party content on their platforms. [Full Article...]

BB&T Securities LLC Invests $446000 in United Continental Holdings, Inc. (NYSE:UAL)

Blair William Il reported 5,578 shares. The stock increased 3.56% or $3.69 during the last trading session, reaching $107.28. About 248,460 shares traded. ( NYSE : UAL ) earned "Hold" rating by Cowen & Co on Thursday, September 7. Finally, Wetherby Asset Management Inc. lifted its stake in shares of United Continental by 1.5% in the 2nd quarter. [Full Article...]

United States upholds almost 300% duties on Bombardier in Boeing case

United States upholds almost 300% duties on Bombardier in Boeing case Canada vowed to fight the Commerce Department's determination. Mulvaney eyed for interim head of consumer agency Wilbur Ross sued by former colleagues Bloomberg drops estimate of Commerce secretary's wealth to 0M MORE in a statement. The partnership with Airbus means there is "no chance Boeing will be harmed by imports", said Mike Nadolski, vice president of public affairs at Bombardier... [Full Article...]

US Blames North Korea for WannaCry Ransomware

US Blames North Korea for WannaCry Ransomware Vipin Narang, a political science professor at the Massachusetts Institute of Technology, said on Twitter that "the notion in DC that you can give North Korea a "bloody nose" without the United States or an ally suffering a severe stab wound in return is delusional". [Full Article...]

Home sales climb 5.6% to 11-year high

Home sales climb 5.6% to 11-year high And yet, Americans are finding ways to buy homes at rates not seen since the housing bubble, potentially by continuing to look for homes well into the autumn and winter months. The month-over-month percent change in single-family home sales was in the 90th percentile of month-over-month changes in the history of the series, which dates to 1982, while the change for condo/coop sales was in the 99.9... [Full Article...]

Comprehensive Stock Analysis Of Bank of America Corporation (BAC)

Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued. United Services Automobile Association who had been investing in Bank Of America Corp for a number of months, seems to be less bullish one the $307.18B market cap company. [Full Article...]

SpaceX launches first reusable capsule and rocket

SpaceX launches first reusable capsule and rocket Ven Feng, a NASA manager, said he had "a little sense of deja vu" watching Friday's launch and landing of the same rocket he saw take off and return in June. "That marks the second successful visit to and from space for this particular booster", said a SpaceX commentator on the webcast. The Dragon is scheduled to arrive at the International Space Station early December 17. [Full Article...]

Gas Prices in Florida Return to Where They Stood Before Hurricane Harvey

Gas Prices in Florida Return to Where They Stood Before Hurricane Harvey In the past month, average gas prices have dropped 13 cents across the Sunshine State and lowered three cents in the past week. Both Duluth and Norcross have the lowest gas prices in Gwinnett County, with customers paying $2.01- $2.05 a gallon according to Gasbuddy.com. [Full Article...]

Ryanair to avoid Christmas strikes by recognising trade unions

Ryanair to avoid Christmas strikes by recognising trade unions This was great news for many, but the pilots union, IMPACT still intend to strike if the airline can not meet before the strike date. In its statement this afternoon, the airline said: "Ryanair has again called on IMPACT/ IALPA to cancel the threatened industrial action on Wednesday Dec 20 (as the Italian and German unions have already done) which is causing unnecessary concern and worry for t... [Full Article...]

Google X Development Center Is Going To Establish in Visakhapatnam

Google X Development Center Is Going To Establish in Visakhapatnam A team from Alphabet's X was earlier running a pilot on FSOC technology in Andhra Pradesh . Alphabet's X is piloting new Free Space Optical Communications wireless in India that is easy to deploy and could improve connectivity for many residents . [Full Article...]

What the Tech? Free shipping Friday

What the Tech? Free shipping Friday A whopping 971 retailers are participating in this year's Free Shipping Day, including big names like Macy's , Target , JCPenney, Toys "R" Us , Barnes & Noble and others. Cabela's - Free shipping is available to customers today if they use the code "7HOLIDAYS". In honor of the 10th anniversary of Free Shipping Day , the site has also provided a special category of merchants offering an ... [Full Article...]

Cold in Denver overnight, warmer on Friday

Cold in Denver overnight, warmer on Friday That will start to spread towards Billings during the evening hours and overnight. Temperatures will remain in the 20s, and although it will be less windy than yesterday it's still going to feel quite cold. The nation enjoyed a brief respite from the cold earlier this week as milder conditions melted snow, causing flooding in northern regions. Mostly sunny skies for Saturday . [Full Article...]

Westfield Corp. Acquired for $16 Billion

Westfield Corp. Acquired for $16 Billion A French real estate firm is buying Westfield Corp ., the Australian-based owner of Valencia Town Center and 34 other malls, including 15 in California. It will pay a combination of cash and shares for control of Westfield, at a value representing a premium of 17.8 per cent on the most recent trading value of Westfield securities. [Full Article...]


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