Markets


David Bowie and Iman: A glamorous love story
- January 17, 2016

When Bowie died yesterday, his team finally told the public that he had been battling cancer for 18 months. "The Music of David Bowie" was originally supposed to be a tribute show, but will now be a memorial. Desperate not to disappoint his fans despite his poor health, the musician attended the December premiere of his musical in NY but "collapsed from exhaustion" behind the scenes. (more...)
Clemson Football: Gutsy Onside Kick Call Turns Tide In 2016 National Championship
- January 15, 2016

Through the first 49 minutes of Monday's game, the tweet didn't hold much significance, and the score was knotted at 24 apiece. "I thought we had it in the game any time we wanted to do it", Saban said . On Monday night, though, it was a flawless over-the-shoulder catch to give the Tide the ball at midfield. They also noticed that Clemson safety Jayron Kearse had a tendency to turn and run back before the ball was kicked. (more...)
USA network tries to take advantage of 'Mr. Robot' wins USA network tries to take advantage of 'Mr. Robot' wins
- January 15, 2016

When Harrison Ford kissed him at a post-Golden Globes party, he figured it couldn't get any better and it was time to go home. Not 100% clearer because what's the fun in that? Considering the ratings and critical attention, it's no big shock that last season's happiest, strangest surprise, USA's Mr. (more...)
GE Moving Headquarters to Boston From Connecticut, Globe Reports
- January 15, 2016

In June, GE publicly threatened its move for the first time, blaming a CT budget deal that increased corporate taxes and what company officials called an inhospitable business climate. The Boston region, Immelt said, is "an ecosystem that shares our aspirations ". Boston is home to some 250,000 students at more than 55 colleges and universities, including world-class research hubs like Massachusetts Institute of Technology and Harvard University. (more...)
Lyft raises $1 billion and partners with GM to develop driverless cars
- January 15, 2016

The investment by GM may appear out of character but it indicative of the growing relevance of companies which are part of the sharing economy. In a separate statement, Lyft said its $ 1 billion funding round includes an investment of $100 million by Saudia Arabia's Kingdom Holding Company. (more...)
Bank of England keeps record-low interest rate Bank of England keeps record-low interest rate
- January 15, 2016

And added: 'Since then, the data regarding global activity have evolved broadly as expected. The Bank said: "Recent volatility in financial markets has underlined the downside risks to global growth, primarily emanating from emerging markets". (more...)
GM teams with Lyft for on-demand autonomous auto network
- January 14, 2016

GM is also expected to become a preferred provider of short-term use vehicles to Lyft drivers through rental hubs in various cities in the country, with Lyft customers gaining access to GM's portfolio of cars and OnStar services. The GM-Lyft deal comes as automakers and Silicon Valley companies are exploring new alliances and new technologies that will reshape the global automotive industry. (more...)
Can lottery jackpot buy happiness? Can lottery jackpot buy happiness?
- January 13, 2016

The jackpot estimate is reviewed daily, so it could increase again before the drawing. Border guards warned Burnaby, B.C. resident Lisa Yuen about the rule when she travelled to the U.S.to purchase tickets for the previous Powerball draw on Saturday. (more...)
Van Gaal Set To Make Announcement On Lack Of Goals Today Van Gaal Set To Make Announcement On Lack Of Goals Today
- January 13, 2016

Every time you come to Old Trafford, this is what you see; negative football. "But we are in the next round". Louis van Gaal has said Manchester United fans should be happy that his side have halted their run of poor form with back-to-back victories. (more...)
GM invests $500 million in Uber rival Lyft
- January 13, 2016

Together, GM and Lyft plan to open a network of USA hubs where Lyft drivers can rent GM vehicles. Pictured at top: General Motors President Dan Ammann [center] with Lyft co-founders John Zimmer [right] and Logan Green [left]. GM will invest 500 million dlrs in the ridesharing company to help it continue its rapid growth. The Wall Street Journal noted that the rideshare industry poses a threat to auto sales as "more urban commuters hail rides from Lyft and Uber Technologies instead ... (more...)
Lyft, GM Forge $500M Partnership Toward Self-Driving Cars Lyft, GM Forge $500M Partnership Toward Self-Driving Cars
- January 13, 2016

John Zimmer , president and co-founder of Lyft, also weighed in on the partnership with GM: "Together, we will build a better future by redefining traditional auto ownership". The company competes with Uber and other firms specializing in uniting a customer in search of a ride with a driver or shared vehicle. Daniel Ammann, president of G.M., said that the company makes their core profit selling vehicles outside of the urban areas where Lyft primarily operates. (more...)
Browns owner Jimmy Haslam is not attending NFL owners meetings in Browns owner Jimmy Haslam is not attending NFL owners meetings in
- January 13, 2016

Jackson's initial interview with Cleveland lasted more than four hours and the Browns clearly liked him enough to have a second face-to-face. If Haslam stayed home to make a push for Jackson, his time might be better spent there. So it's possible that Jackson really is intrigued by Cleveland, or that he heard something he didn't like from Baalke or York on Sunday, that he's very open to jumping from both situations and trying to land the Giants job . (more...)
Colorado Lottery: Where the money goes Colorado Lottery: Where the money goes
- January 13, 2016

Tobacco in Smithtown, while a $150,000 ticket was sold at Broadway Service Center in Hicksville. W., kicked off a promotion at her shop Monday, giving away a free ticket to the draw with every purchase of $20 or more. Those whose states don't have the Powerball are Alabama, Mississippi, Alaska, Utah, Nevada and Hawaii. If you live in Georgia or IL, you can buy Powerball tickets online, but you will have to follow specific rules below that are by state-run lottery agencies. (more...)
Star Wars: Episode VIII will be Star Wars: Episode VIII will be "much darker"
- January 13, 2016

Actor John Boyega also stated that the film would be much darker in tone while speaking to Vogue (via Coming Soon ). But the notoriously spoiler-phobic producer wasn't about to spill it ahead of Episode VIII, which will be directed by Rian Johnson. (more...)
GM Bets on Lyft, Invests $500M Towards Autonomous Driving
- January 12, 2016

Lyft is now valued at $5.5 billion, it said. "We'll create the operating system of the future where people will be able to order an experience", Lyft co-founder John Zimmer told BuzzFeed . The massive investment by GM accounts for half of Lyft's latest $1bn (£680m) fundraising round and is one of GM's biggest investments in another company to date. (more...)
Lyft to introduce on-demand driverless cars
- January 12, 2016

In the more immediate future the collaboration will look at potential new services and systems refinements that the two organisations can bring to their existing customers. GM and RelayRides cut ties a year ago when RelayRides - now Turo - rebranded itself as a long-term car-sharing company, GM spokesman Dave Roman said. (more...)
The Oregon Standoff: A Community Divided
- January 12, 2016

Bureau of Land Management and various business interests. Good coverage, he says, for the challenges ranchers face across the West, where so much land is controlled by the federal government. The Hammonds' case set off the occupation of the Burns-area refuge on January 2. According to the original militia's spokesmen, Mr. Bundy and other leaders had no idea about these new arrivals. (more...)
General Motors Bets Big On Autonomous Ride Sharing Future With Lyft
- January 12, 2016

Neither Lyft nor GM revealed timing for an autonomous network, but did say the two companies will leverage GM's deep knowledge of autonomous technology and Lyft's capabilities in providing a broad choice of ride-sharing services. Other companies, including Google, Ford, Tesla and Uber, have been said to be exploring self-driving cars. For now, the deal means GM cars will be the "preferred" vehicle used by Lyft drivers who rent their cars in various US cities. (more...)
Advocates hoping for infrastructure talk in State of the Union Advocates hoping for infrastructure talk in State of the Union
- January 12, 2016

Turning to the future though, McDonough emphasized the President's determination to not waste the rest of the time he has in office. The White House, meanwhile, says 17 states and the District of Columbia have raised their minimum wages since Obama first called for an increase in 2013. (more...)
Court Permits Fantasy Sports in New York Amid Appeal Process Court Permits Fantasy Sports in New York Amid Appeal Process
- January 11, 2016

Schneiderman sued the companies in November and asked New York Supreme Court Justice Manuel Mendez to shut them down, arguing they are illegal gambling operations under New York law. Those statistics represent active players, while FanDuel and DraftKings say in filings that according to a list of open accounts NY represents less than 10 percent of the USA market. (more...)

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