Markets


Amid "Star Wars" secrecy, new cast members describe their characters
- December 13, 2015

Long-time Star Wars producer and now Lucasfilm president Kathleen Kennedy recently revealed that four out of the six people who made up the story department were women, which was particularly important in helping the character of Rey "take shape". (more...)
Chipotle tries to recover from outbreaks
- December 13, 2015

Chipotle's stock slid more than 7 per cent in after-market trading. In a statement to BuzzFeed News, Boston College said that almost all of the 141 student illness cases were related to those who ate at the nearby Chipotle restaurant during the past weekend. (more...)
Faraday Future Is Coming, Special Session Needed Faraday Future Is Coming, Special Session Needed
- December 12, 2015

To accommodate the Faraday deal, the state will need to create a category for companies that spend at least $1 billion. Thursday, Dec. 10, 2015, in Las Vegas. Faraday will unveil its first concept vehicle next month at the Consumer Electronics Show being held in Las Vegas. He styles himself after Apple's late Steve Jobs. (more...)
Faraday Future to build assembly plant in North Las Vegas
- December 12, 2015

Faraday Future plans to employ 4,500 people at the plant when it reaches maturity in 2023. While Nevada offers a level of general tax incentives to all businesses that make a certain minimum investment, and approved $1.3 billion in incentives for Tesla's large investment, the deal will ask lawmakers to create a middle-tier option for Faraday's factory and similar-sized projects. (more...)
Japan PM Abe to burnish friendly ties with Modi in India visit
- December 12, 2015

Modi had visited Japan from August 30 to September 3, 2014 during which that country had announced doubling of its private and public investment in India to about Dollars 34 billion over a period of five years. He will start his three- day visit by holding annual summit talks with his Indian counterpart Narendra Modi. During his Japan visit, Modi had an overnight stay in the historic city of Kyoto where he visited two ancient Buddhist temples with Abe accompanying him in a significant ... (more...)
JJ Abrams wants Ava DuVernay to direct a Star Wars episode JJ Abrams wants Ava DuVernay to direct a Star Wars episode
- December 12, 2015

The 73-year-old actor is matter-of-fact about nearly everything involving the sci-fi series' latest episode - from his reunion with Carrie Fisher ("It was no big deal.") to the franchise's unwavering popularity ("For me, it's old news."). This well has not dried, especially when you introduce new discoveries, which Daisy Ridley, John Boyega, Oscar Isaac and Adam Driver represent". East Colfax Avenue's Sie FilmCenter may not be showing " The Force Awakens ", but Friday it is hosting a ... (more...)
'Walmart Pay' Ready to Become First Retailer-Based Mobile Payments Service 'Walmart Pay' Ready to Become First Retailer-Based Mobile Payments Service
- December 12, 2015

P. Morgan analysts wrote in a research note. On Thursday, the retailer announced the launch of its brand new Walmart Pay, which will enable consumers to make mobile payments when in store. The Walmart app now offers such features as checking in to pick up an online order at a Walmart store, refilling pharmacy prescriptions and finding an item's store location. (more...)
Canadian dollar, crude futures fall after report predicts oil demand will slow
- December 12, 2015

The Dow Jones industrial average climbed 34 points, or 0.2 percent, to 17,526 as of 10:17 a.m. Eastern time. Declining points outnumbered advancing ones on the NYSE by 2,745 to 376, for a 7.30-to-1 ratio on the draw back; on the Nasdaq , 2,388 points fell and 448 superior for a 5.33-to-1 ratio favouring decliners. (more...)
Chipotle: E. Coli may not be to blame for latest health issue Chipotle: E. Coli may not be to blame for latest health issue
- December 12, 2015

Chipotle spokesman Chris Arnold told ABC News that some local suppliers may not be able to keep up with newly-implemented safety measures. There was more trouble for Chipotle this week, as 80 Boston College students are complaining of stomach symptoms after eating at the Mexican grill. (more...)
Faraday plant to pump millions into local economy
- December 12, 2015

He said Nevada also was appealing because of the ample land needed to accommodate the plant, and was close enough to Southern California ports. However, Nevada lawmakers still have to approve the proposal. While North Las Vegas has pushed for the creation of a water pipeline to Apex, water for Faraday will be pumped from the ground. Faraday Future will unveil its first concept vehicle at the Consumer Electronics Show in January, 2016. (more...)
EV startup Faraday picks Nevada for $1B plant
- December 12, 2015

In a letter sent to state legislators, Yueting stated , without giving any other piece of information, that he is not the only founder of Faraday Future, and together with global experts he has figured out a system to manage the company. (more...)
Sandoval unveils $335M deal to bring carmaker to Nevada
- December 12, 2015

The governor said a special legislative session would be needed in order to ratify a series of incentives proposed for Faraday to the tune of $215 million. Faraday Future is ready to invest $1 billion into the first phase of this facility, including a 3 million square foot workshop. It hopes to bring a vehicle to market as early as 2017. (more...)
'Walmart Pay' to make checkout easier for customers 'Walmart Pay' to make checkout easier for customers
- December 12, 2015

Wal-Mart Stores Inc.is rolling out a mobile payment system in a handful of its USA stores this month with plans for widespread implementation in the first half of 2016. The consortium later introduced the CurrentC mobile app after multiple setbacks and even now the system remains in pilot mode in Columbus, Ohio. Who, we'll say again, will be scanning a QR code displayed at the register during checkout. (more...)
Wal-Mart: Wal-Mart: "Walmart Pay" Mobile wallet
- December 11, 2015

While a few stores like Starbucks or Dunkin' Donuts permit clients to pay with gift cards, Wal-Mart says it will turn out to be the first retailer to initiate its own mobile payment system that works with an iPhone or Android gadget - and with any major credit or debit card. (more...)
Dow, DuPont in merger talks
- December 11, 2015

And, if the botched Monsanto-Syngenta deals tells investors anything, it's that when these deals fall apart, it can have a big impact on the stock price, with Monsanto and Syngenta down down double-digits in the immediate aftermath of walking away from that bid. (more...)
Crude Oil Pauses At 7-year Lows
- December 11, 2015

The OPEC Reference Basket declined around 10 percent in November as lower refinery crude intake added to the oversupply in the market, according to OPEC monthly oil market report for December. Global oil demand growth will slow to 1.2 million barrels a day in 2016, down from a five-year peak of 1.8 million reached this year, as the boost from cheap fuel prices wears off, the agency said. (more...)
OPEC ministers keen to keep oil production at current levels OPEC ministers keen to keep oil production at current levels
- December 11, 2015

There was no mention of a new production ceiling in the final statement of the event, apparently permitting member states to keep producing oil at current rates. An internal OPEC document reviewed by The Wall Street Journal showed that, if current production remains unchanged, markets will still be oversupplied by 700,000 barrels a day in 2016-though that would be less than the glut of 1.8 million a barrel a day OPEC estimates for this year. (more...)
Walmart Pay Takes on Apple, Google
- December 11, 2015

Daniel Eckert, SVP of services for Walmart U.S., explained when Walmart looked at mobile payment solutions that were available, many were limited to specific types of phones or operating systems or only to certain payment types. Walmart Pay already has the ability to pair with mobile wallets as a preferred payment type, but has no current partnerships. Walmart customers can set their feature to prioritize the payments using for example only gift cards with say a credit card as a second ... (more...)
Walmart to Offer Mobile Payments through Walmart Pay
- December 11, 2015

The mobile payment feature will be introduced in select stores beginning this month, with a nationwide launch to be complete by the first half of next year. But while it may make the checkout process faster and more convenient for customers, some question how much Walmart Pay will help the retailer's underlying business. (more...)
Students Fall Sick After Eating At Chipotle Restaurant
- December 11, 2015

The Boston Public Health Commission reported 65 known cases. Chipotle Mexican Grill Inc., based in Denver, had said that whatever the likely ingredient was that made people sick is out of its restaurants and that it is adopting stricter food-safety standards. (more...)