Markets
State Department approves SM-3 IIA sale to Japan
- January 12, 2018
The department says the sale will support the American defense industry and underscores Trump's commitment to improve the defense of allies threatened by North Korea. The most provocative moment came November 29, when North Korea said it successfully tested a new type of intercontinental ballistic missile, topped with a "super-large heavy warhead" which it said was capable of striking the USA mainland. (more...)
- January 12, 2018
The department says the sale will support the American defense industry and underscores Trump's commitment to improve the defense of allies threatened by North Korea. The most provocative moment came November 29, when North Korea said it successfully tested a new type of intercontinental ballistic missile, topped with a "super-large heavy warhead" which it said was capable of striking the USA mainland. (more...)
Spark Therapeutics Hopes to Cure a Rare Blindness for $850000 a Pop
- January 12, 2018
Pricing it was entering a bit of a courageous new world: NBC News reports Luxturna is the first "true gene therapy" that's gotten the green light here for an inherited disease, and unlike other pharmaceutical companies' workhorses-drugs that patients take for weeks, months, or even a lifetime-Luxturna is expensive to create and delivered just once. (more...)
- January 12, 2018
Pricing it was entering a bit of a courageous new world: NBC News reports Luxturna is the first "true gene therapy" that's gotten the green light here for an inherited disease, and unlike other pharmaceutical companies' workhorses-drugs that patients take for weeks, months, or even a lifetime-Luxturna is expensive to create and delivered just once. (more...)
Would You Pee on Ikea's Pregnancy Test Ad for a Huge Discount?
- January 12, 2018
Life contains those magical, life-changing moments, and IKEA wants to be right there when they happen. In 2012, a New York Times Magazine article sparked privacy concerns by describing big box retailer Target's attempts to use data to find out whether their customers were pregnant. (more...)
- January 12, 2018
Life contains those magical, life-changing moments, and IKEA wants to be right there when they happen. In 2012, a New York Times Magazine article sparked privacy concerns by describing big box retailer Target's attempts to use data to find out whether their customers were pregnant. (more...)
Let's help OR learn how to pump gas, Tennessee
- January 12, 2018
Case in point: KTVL CBS 10 News in Medford, Ore., posted this Facebook poll on December 29, asking followers if OR should allow self-serve gas stations statewide. If that's not one of your personal life experiences I'm perfectly willing to accept the premise, but have you ever seen your gas station attendant do it? While the law will require everyday citizens to pump their own gas, the Americans With Disabilities Act ensures gas stations provide assistance for the elderly and disabled. (more...)
- January 12, 2018
Case in point: KTVL CBS 10 News in Medford, Ore., posted this Facebook poll on December 29, asking followers if OR should allow self-serve gas stations statewide. If that's not one of your personal life experiences I'm perfectly willing to accept the premise, but have you ever seen your gas station attendant do it? While the law will require everyday citizens to pump their own gas, the Americans With Disabilities Act ensures gas stations provide assistance for the elderly and disabled. (more...)
Analyst Earnings Estimates Scan: Marathon Petroleum Corporation (MPC)
- January 12, 2018
Hayek Kallen Investment Management who had been investing in Icon Plc for a number of months, seems to be less bullish one the $6.36 billion market cap company. The number of shares now owned by investors are 483.76 mln. Wisconsin-based Northwestern Mutual Wealth Management Communications has invested 0% in Celanese Corporation (NYSE:CE). (more...)
- January 12, 2018
Hayek Kallen Investment Management who had been investing in Icon Plc for a number of months, seems to be less bullish one the $6.36 billion market cap company. The number of shares now owned by investors are 483.76 mln. Wisconsin-based Northwestern Mutual Wealth Management Communications has invested 0% in Celanese Corporation (NYSE:CE). (more...)
Westinghouse Electric Acquired for $4.6 Billion
- January 12, 2018
Representatives for Blackstone and Apollo weren't immediately available for comment. The deal is supposed to be concluded by the third quarter of this year. The Japanese company later announced in November that it was exploring alternatives to sell the USA -based company. The deal won't include what had been the company's most prized projects - plans to build its AP1000 reactors for US utilities in SC and Georgia. (more...)
- January 12, 2018
Representatives for Blackstone and Apollo weren't immediately available for comment. The deal is supposed to be concluded by the third quarter of this year. The Japanese company later announced in November that it was exploring alternatives to sell the USA -based company. The deal won't include what had been the company's most prized projects - plans to build its AP1000 reactors for US utilities in SC and Georgia. (more...)
Greater Vancouver home assessments up 1-30% in 2018: BC Assessment
- January 12, 2018
In Delta, strata townhouses have seen a 12 per cent increase, going from $882,000 to $986,000, and strata condos have seen a 19 per cent increase, going from $364,000 to $432,000. Homeowners that don't agree with their assessment have the option to appeal their notice. In the City of Prince George, BC Assessment calculated a 5.42 per cent value increase in residential properties, 2.49 per cent increase in light industrial properties and a 3.59 per cent increase in business and other ... (more...)
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- January 12, 2018
In Delta, strata townhouses have seen a 12 per cent increase, going from $882,000 to $986,000, and strata condos have seen a 19 per cent increase, going from $364,000 to $432,000. Homeowners that don't agree with their assessment have the option to appeal their notice. In the City of Prince George, BC Assessment calculated a 5.42 per cent value increase in residential properties, 2.49 per cent increase in light industrial properties and a 3.59 per cent increase in business and other ... (more...)
Bulldogs literally raise the roof over Rose Bowl win
- January 12, 2018
The Bulldogs will play Alabama on January 8 for the national championship in Atlanta, about 90 miles from their campus - with a chance to win their first national title since 1980. A day after arriving in Los Angeles for Rose Bowl preparations, Georgia head coach Kirby Smart said he was hoping for a "good problem" to emerge. (more...)
- January 12, 2018
The Bulldogs will play Alabama on January 8 for the national championship in Atlanta, about 90 miles from their campus - with a chance to win their first national title since 1980. A day after arriving in Los Angeles for Rose Bowl preparations, Georgia head coach Kirby Smart said he was hoping for a "good problem" to emerge. (more...)
'Steer with your thoughts' using Nissan's latest tech
- January 12, 2018
The Japanese auto manufacturer will present its brain-to-vehicle, or B2V, technology at the Consumer Electronics Show ( CES ) in Las Vegas next week. B2V is the latest development in Nissan Intelligent Mobility , the company's vision for transforming how cars are driven, powered and integrated into society. (more...)
- January 12, 2018
The Japanese auto manufacturer will present its brain-to-vehicle, or B2V, technology at the Consumer Electronics Show ( CES ) in Las Vegas next week. B2V is the latest development in Nissan Intelligent Mobility , the company's vision for transforming how cars are driven, powered and integrated into society. (more...)
JFK Suffers Serious Cancellations And Delays Due To A Major Snow Storm
- January 12, 2018
Maintenance crews were deployed to mop up the west end of the terminal, which saw about three inches of flooding, according to a Port Authority spokesman. Terminal 4 is a major gateway for global arrivals at JFK and serves as an worldwide hub for Delta Airlines, according to the Port Authority of NY and New Jersey. (more...)
- January 12, 2018
Maintenance crews were deployed to mop up the west end of the terminal, which saw about three inches of flooding, according to a Port Authority spokesman. Terminal 4 is a major gateway for global arrivals at JFK and serves as an worldwide hub for Delta Airlines, according to the Port Authority of NY and New Jersey. (more...)
Amazon's next acquisition target might be Target, according to one expert
- January 12, 2018
Loup Venture co-founder Gene Munster, a well-known industry analyst, wrote in a new report that he expects Amazon will acquire Target in 2018 . " Amazon believes the future of retail is a mix of mostly online and some offline", said Munster in his predictions for 2018. (more...)
- January 12, 2018
Loup Venture co-founder Gene Munster, a well-known industry analyst, wrote in a new report that he expects Amazon will acquire Target in 2018 . " Amazon believes the future of retail is a mix of mostly online and some offline", said Munster in his predictions for 2018. (more...)
AAP Rajya Sabha nominations: Disgruntled Kumar Vishwas 'accepts martyrdom'
- January 12, 2018
He provides free education to 15,000 children. Gupta has presided as the Vice-President of The Institute of Chartered Accountants and has also been the first Indian to be on board with International Federation of Accountants (IFAC). In the run-up to the announcement, a section of the party was for nominating senior leaders while others felt that experts from various fields should be nominated. (more...)
- January 12, 2018
He provides free education to 15,000 children. Gupta has presided as the Vice-President of The Institute of Chartered Accountants and has also been the first Indian to be on board with International Federation of Accountants (IFAC). In the run-up to the announcement, a section of the party was for nominating senior leaders while others felt that experts from various fields should be nominated. (more...)
Retail inflation rises to 17-month high of 5.21% in December
- January 12, 2018
As per the CSO data, inflation for the food basket increased to 4.96 per cent in December from 4.42 per cent in the preceding month. Annual retail inflation for the month of December spiked to 17 months high of 5.21 per cent. "The rise in housing inflation is likely to be persistent, while rising crude oil prices pose another risk". The inflation, based on monthly WPI (Wholesale Price Index), rose to eight-month high of 3.93 per cent for November on the back of rise in food and fuel ... (more...)
- January 12, 2018
As per the CSO data, inflation for the food basket increased to 4.96 per cent in December from 4.42 per cent in the preceding month. Annual retail inflation for the month of December spiked to 17 months high of 5.21 per cent. "The rise in housing inflation is likely to be persistent, while rising crude oil prices pose another risk". The inflation, based on monthly WPI (Wholesale Price Index), rose to eight-month high of 3.93 per cent for November on the back of rise in food and fuel ... (more...)
China suspends Marriott website over geography gaffe
- January 12, 2018
China is stepping up its policing of global companies such as Inditex SA-owned Zara and Delta Air Lines Inc and demanding they respect the government's position on long-standing territorial disputes from Taiwan to Tibet. "We absolutely do not support any separatist organizations undermining China's sovereignty and territorial integrity". "We apologise profoundly for any behaviour that will cause misunderstanding about the above stance". (more...)
- January 12, 2018
China is stepping up its policing of global companies such as Inditex SA-owned Zara and Delta Air Lines Inc and demanding they respect the government's position on long-standing territorial disputes from Taiwan to Tibet. "We absolutely do not support any separatist organizations undermining China's sovereignty and territorial integrity". "We apologise profoundly for any behaviour that will cause misunderstanding about the above stance". (more...)
TCS in focus after declaring Q3 result
- January 12, 2018
That compared with analysts' average estimate of 37.10 billion rupees, according to Thomson Reuters data. Revenue grew 3% to 177.94 billion rupees. In his first media interaction after taking charge as Infosys CEO and MD on January 2, Parekh on Friday said that his immediate priorities would include connecting with employees and clients to build a "roadmap for future" that will be announced in April. (more...)
- January 12, 2018
That compared with analysts' average estimate of 37.10 billion rupees, according to Thomson Reuters data. Revenue grew 3% to 177.94 billion rupees. In his first media interaction after taking charge as Infosys CEO and MD on January 2, Parekh on Friday said that his immediate priorities would include connecting with employees and clients to build a "roadmap for future" that will be announced in April. (more...)
Fiat Chrysler to invest over $1 billion in Ram Truck plant
- January 12, 2018
The investment follows a dramatic jump in Fiat Chrysler stock amid optimism about its product lineup being revamped with fresh trucks and sport utility vehicles. On Wednesday, Toyota Motor Corp and Mazda Motor Corp announced they would build a new $1.6 billion joint venture auto assembly plant in Alabama, drawing praise from Trump. (more...)
- January 12, 2018
The investment follows a dramatic jump in Fiat Chrysler stock amid optimism about its product lineup being revamped with fresh trucks and sport utility vehicles. On Wednesday, Toyota Motor Corp and Mazda Motor Corp announced they would build a new $1.6 billion joint venture auto assembly plant in Alabama, drawing praise from Trump. (more...)
Toyota, Mazda to build $1.6 billion plant in Alabama
- January 12, 2018
The new Huntsville plant will be just 14 miles (22 kilometers) from Toyota Motor Manufacturing of Alabama, which produces four-cylinder, V-6 and V-8 engines for several Toyota models. The figure is significant not only because it's substantially higher than the reported amount of incentives from Alabama, but that the cost of the plant to the companies is an estimated $1.6 billion. (more...)
- January 12, 2018
The new Huntsville plant will be just 14 miles (22 kilometers) from Toyota Motor Manufacturing of Alabama, which produces four-cylinder, V-6 and V-8 engines for several Toyota models. The figure is significant not only because it's substantially higher than the reported amount of incentives from Alabama, but that the cost of the plant to the companies is an estimated $1.6 billion. (more...)
China Trade Cools As Imports Fall Short But Exports Rise 11%
- January 12, 2018
In 2016, China accounted for roughly 90 percent of the North's trade, with the secretive country's coal and iron exports bringing in hundreds of millions of dollars for the regime. Trump has put tackling the growing trade deficit with China and boosting US firms' access to its markets among his top priorities since coming to power. (more...)
- January 12, 2018
In 2016, China accounted for roughly 90 percent of the North's trade, with the secretive country's coal and iron exports bringing in hundreds of millions of dollars for the regime. Trump has put tackling the growing trade deficit with China and boosting US firms' access to its markets among his top priorities since coming to power. (more...)
Uber uses 'panic button' to shield files during police raids
- January 12, 2018
The call would result in a team in San Francisco remotely shutting down computers in the office under investigation making it hard if not impossible for law enforcement to retrieve the desired records. Uber's on-site managers followed protocol and alerted company headquarters about what was happening. Uber said 'Like every company with offices around the world, we have security procedures in place to protect corporate and customer data. (more...)
- January 12, 2018
The call would result in a team in San Francisco remotely shutting down computers in the office under investigation making it hard if not impossible for law enforcement to retrieve the desired records. Uber's on-site managers followed protocol and alerted company headquarters about what was happening. Uber said 'Like every company with offices around the world, we have security procedures in place to protect corporate and customer data. (more...)
Takata airbag issue sees recall of over 6,00000 Toyota vehicles
- January 12, 2018
On Dec. 22, Ford was notified of a crash in West Virginia that happened on July 1, 2017, involving a 2006 Ford Ranger equipped with a ruptured Takata driver-side inflator. The recall involves approximately 2,902 vehicles located in North America, with 2,712 located in the United States and federalized territories and 190 in Canada. (more...)
- January 12, 2018
On Dec. 22, Ford was notified of a crash in West Virginia that happened on July 1, 2017, involving a 2006 Ford Ranger equipped with a ruptured Takata driver-side inflator. The recall involves approximately 2,902 vehicles located in North America, with 2,712 located in the United States and federalized territories and 190 in Canada. (more...)
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