Economy

Economy Ryanair can't rule out further flight cancellations
Author: 0 Ryanair can't rule out further flight cancellations

Pilots at London Stansted, Dublin, Frankfurt and Berlin have now been offered an additional 10,000 euros per year, O'Leary told a news conference. There have been suggestions of a strike over conditions at Ryanair , an airline where CEO Michael O'Leary had previously referred to pilots as "glorified taxi-drivers".

Economy Oil Jumps After US Gasoline Stockpiles Plunge to 22-Month Low
Author: 0 Oil Jumps After US Gasoline Stockpiles Plunge to 22-Month Low

This comes despite OPEC's decision in January to cut oil production by 1.8 million bpd at least until March 2018, a cut made in conjunction with along with major oil producer Russian Federation. Market players were looking ahead to a meeting Friday between OPEC and other producers regarding a possible extension by more than three months of oil production cuts that expire in March 2018.

Economy Oil prices climb after IEA report
Author: 0 Oil prices climb after IEA report

Gold and most commodity prices are lower. This is published unedited from the PTI feed . That was followed by the International Energy Agency (IEA) saying the global oil glut was shrinking thanks to strong European and USA demand, as well as production declines in Opec and non-Opec countries.

Economy State Attorney General advises Iowans to take action after Equifax data breach
Author: 0 State Attorney General advises Iowans to take action after Equifax data breach

New York State Attorney General Eric Schneiderman has issued a warning after the massive Equifax data breach that exposed 143 million Americans' personal information. "Reports of a significant data loss at USA -based Equifax and the potential impact on some United Kingdom citizens gives us cause for concern", ICO Deputy Commissioner James Dipple-Johnstone said in a Friday statement .

Economy Google launches appeal against EU's $2.9 billion antitrust fine
Author: 0 Google launches appeal against EU's $2.9 billion antitrust fine

Lodging the appeal does not suspend the fine, meaning Google is still obliged to pay up, though it can put the money in a blocked account until the decision is reached. The EU fined the internet giant for abusing its dominance in Europe to position its own shopping comparison service at the top of Google search results.

Economy Another Reason To Evacuate Downtown Miami: Construction Cranes
Author: 0 Another Reason To Evacuate Downtown Miami: Construction Cranes

Irma's ferocious winds have also caused a crane to snap. A crew will be dispatched to secure the crane as soon as weather conditions improve, developer Ryan Shear, a principal of Property Markets Group, said in an emailed statement. According to the Weather Channel , Miami had seen reports of gusts above 130 miles per hour with several reports in the 100 miles per hour range.

Economy HPE acquires Cloud Technology Partners to build out hybrid IT offering
Author: 0 HPE acquires Cloud Technology Partners to build out hybrid IT offering

RBC Capital Markets maintained Owens Corning (NYSE:OC) rating on Thursday, July 23. The technology business posted $0.30 EPS (EPS) for the period, exceeding Zacks' average forecast of $0.26 by $0.04. On Tuesday, November 3 the stock rating was initiated by Wells Fargo with "Outperform". The share price is now up 4.76% for the past three months. The Company's products range from glass fiber used to reinforce composite materials for transportation, electronics, marine, infrastructure, ...

Economy Fed Vice Chairman Fischer to resign for personal reasons
Author: 0 Fed Vice Chairman Fischer to resign for personal reasons

In his two-paragraph letter to the president, Fischer hailed the USA economy's progress and the Fed's reforms to make the financial system more resilient. During his tenure at the Federal Reserve , he served as chairman of the Fed's committee on financial stability and the committee on economic and financial monitoring and research, and represented the Fed at worldwide regulatory gatherings.

Economy Northern California wildfires force evacuations
Author: 0 Northern California wildfires force evacuations

Authorities said at least 10 houses and 20 outbuildings have been destroyed, and urged residents in vulnerable areas to evacuate into shelters. Bureau of Land Management spokesman John Gaffney told the Reno Gazette-Journal on Friday that the fire had burned 83 square miles and was spreading in all directions, fueled by volatile cheat grass.

Economy Payrolls Increased, Unemployment Held Steady in August
Author: 0 Payrolls Increased, Unemployment Held Steady in August

Still, the report shows job growth spread across most of the economy, with almost two-thirds of industry sectors adding jobs during the month. The annual increase in average hourly earnings was 2.5% for a fifth straight month. Unemployment was expected to come in at 4.3 percent. Professional and business services saw the biggest gains in August, with payrolls in this sector rising by 40,000.

Economy Texas Store Sold Gas At $20 Per Gallon Following Hurricane Harvey
Author: 0 Texas Store Sold Gas At $20 Per Gallon Following Hurricane Harvey

That last example was reported Monday afternoon and a CID was prepared that same evening, ' Kayleigh Lovvorn, a spokesman for Paxton's office, said. Or, maybe you've seen the gas prices that have skyrocketed to $30 per gallon. "We expect more complaints in the wake of the storm regarding home fix and construction fraud/price gouging". "We are deeply offended and saddened by the actions taken by this hotel ".

Economy Fashion labels give Mnuchin's wife cold shoulder after Instagram post
Author: 0 Fashion labels give Mnuchin's wife cold shoulder after Instagram post

A mother of three from OR named Jenni Miller called out Linton in the comments section, telling her the post was "deplorable" and saying ironically, presumably on behalf of taxpayers: "Glad we could pay for your little getaway.' She received a long, angry rant from Linton in return, in which the actress accused Miller of being 'adorably out of touch".

Economy U.S. media dishonest, lobbying tool, says Donald Trump
Author: 0 U.S. media dishonest, lobbying tool, says Donald Trump

The poll, which you can view in its entirety here , shows 59 percent of voters believe Trump is encouraging white supremacist groups, and 64 percent believe those groups pose a threat to the country. "The only people giving a platform to these hate groups is the media itself and the fake news", he said and added that had it not been for the social media, where he is very active, he would not have been in the White House.

Economy Iowa lands Apple data center
Author: 0 Iowa lands Apple data center

When completed, the Apple data center will be connected to local water mains, and work on connecting the area to sewer systems is already underway, though it will soon be redirected from the city owned infrastructure to the Des Moines Metropolitan Wastewater Reclamation Authority.

Economy Time To Get Cautious? - The JM Smucker Company (SJM), HP Inc. (HPQ)
Author: 0 Time To Get Cautious? - The JM Smucker Company (SJM), HP Inc. (HPQ)

Several other hedge funds also recently added to or reduced their stakes in the stock. J.M. Smucker Co. now has $12.44 billion valuation. Advisory Services Network LLC acquired a new position in J.M. Additionally the company recently announced a dividend to be paid on Friday the 1st of September 2017. ( SJM ) Has Tumbled To A New Low After Q1 Miss" with publication date: "August 24, 2017.

Economy Palestinians give Trump 45 days to meet their demands
Author: 0 Palestinians give Trump 45 days to meet their demands

Alongside U.S. Ambassador David Friedman, Kushner stressed that Trump "is very committed to achieving a solution here that will be able to bring prosperity and peace to all people in the area, and we really appreciate the commitment of the prime minister in engaging very thoughtfully and respectfully in the way the president has asked".

Economy Salesforce.com, Inc. (CRM) Q2 Earnings Beat, Forecast In-Line
Author: 0 Salesforce.com, Inc. (CRM) Q2 Earnings Beat, Forecast In-Line

Vetr upgraded Salesforce.com from a "buy" rating to a "strong-buy" rating and set a $100.19 price objective for the company in a research report on Monday, June 12th. On 8/17/2017 John Victor Roos, Director, sold 218 with an average share price of $92.00 per share and the total transaction amounting to $20,056.00.

Economy Oil prices rise as supply tightens
Author: 0 Oil prices rise as supply tightens

U.S. light crude was 35 cents higher at $47.72. Opec oil supply is expected to fall by 419,000 barrels per day (bpd) this month, PetroLogistics said . The Financial Times remarked that "Despite bullish factors, some analysts are still warning the market could get caught out as it has several times this year".

Economy Two River North murder suspects extradited; headed to Chicago
Author: 0 Two River North murder suspects extradited; headed to Chicago

Lathem, 43, and Warren spent more than one week on the run after allegedly killing 26-year-old hairstylist Trenton Cornell-Duranleau, who was found stabbed to death at a Chicago apartment registered to Lathem on July 27. "It's possible there could be a bond hearing tomorrow", Sheppard said. He plans to plead not guilty, according to his lawyer. They surrendered in California after an eight-day manhunt, and were extradited back to IL.

Economy FOOT LOCKER: We aren't afraid of being Amazon'd
Author: 0 FOOT LOCKER: We aren't afraid of being Amazon'd

Dividend History for Foot Locker, Inc . Foot Locker Inc .' s ( FL ) stock lost about 25% in Friday trading after the company reported second-quarter EPS of 62 cents on revenue of $1.7 billion, coming short of profit estimates by 28 cents per share and revenue expectations by $100 million.

Economy Saudi Arabia reopens Qatar border after surprise meeting
Author: 0 Saudi Arabia reopens Qatar border after surprise meeting

The king has ordered that Qatari pilgrims be allowed "to enter Saudi Arabia through the border crossing to do the pilgrimage", a statement on SPA said. The pilgrims from Qatar are allowed to perform Hajj via Salwa border crossing. "All Qatari pilgrims be transported from King Fahad International Airport in Dammam and Al-Ahsa International Airport as his (King Salman) guests".

Economy SoftBank fund pumps record $2.5bn into India's Flipkart
Author: 0 SoftBank fund pumps record $2.5bn into India's Flipkart

The fresh investment is an extension of the funding round that saw Flipkart raising $1.4 billion from Tencent , eBay and Microsoft in April at a valuation of $11.4 billion, about 23% less than its peak valuation of $15 billion. SoftBank was supposed to invest $1.52 billion in the proposed merged Snapdeal-Flipkart entity, but after the talks fell through, SoftBank chairman Masayoshi Son said that he respects the decision of the founders and chose to focus the fund's effort in Flipkart.

Economy Contaminated egg scandal leads to empty supermarket shelves
Author: 0 Contaminated egg scandal leads to empty supermarket shelves

Eggs contaminated with the "potentially harmful" pesticide fipronil have been distributed in the United Kingdom, after warnings from the European Union sparked panic across the continent. The agency is "urgently investigating" the issue, but to the best of their knowledge, the affected products are no longer on shelves. It is believed the toxic substance was introduced to poultry farms by a Dutch business named Chickfriend brought in to treat red lice, a nasty parasite in chickens.

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