Markets


Obama to announce Supreme Court pick at 1500 GMT: White House
- March 16, 2016

With a recalcitrant Republican Party insisting on the one hand that Mr. Obama leave the job of filling the late Justice Scalia's seat to the next president, and reeling on the other hand from the unprecedented prejudice and bigotry now widely associated with the its leading candidate for the Oval Office, nominating a black woman gives the GOP a chance to mend some fences with this politically powerful demographic. (more...)
Uber unveils app just for food delivery Uber unveils app just for food delivery
- March 16, 2016

The app is available for iOS and Android devices. Uber launched a standalone app for its food delivery service UberEATS , as it plans to expand the program to several more cities. The service is also being offered in Houston , LA, and San Francisco , and is expected to roll out to New York, DC and other cities soon. Restaurant partnerships could help Uber Eats avoid some of the logistical challenges other services have faced, such as influxes of orders that overwhelm local ... (more...)
Apple News Adds New Ad Format For Sponsored Posts Apple News Adds New Ad Format For Sponsored Posts
- March 15, 2016

Such stories will disappear quickly though because of the flood of new articles that get published later. Apple is reportedly developing a content subscription feature for the app. The onus is on the publisher in that case to very clearly label and title that content". Critics have warned that media companies could lose control of their content under this arrangement. (more...)
Missiles for self defence, don't violate n-deal, says Iran
- March 15, 2016

Danny Danon was referring to last week's missile tests, conducted by the Iranian Revolutionary Guard Corps, during which commanders revealed that the words "Israel must be wiped out" - in Hebrew - had been engraved on at least one projectile prior to firing. (more...)
Employers add jobs in 30 US states in January, cut in 20 Employers add jobs in 30 US states in January, cut in 20
- March 15, 2016

Ultimately though, according to the Department of Labor, regional and state unemployment rates were little changed in January. The national unemployment rate fell to 4.9 percent in January, down from 5 percent in December. The department says total nonfarm payroll employment contracted by 1,800 jobs between January 2016 and January 2015. The retail sector fared better than expected during the holiday season - adding about 1,400 jobs. (more...)
Unemployment Steady in January Unemployment Steady in January
- March 14, 2016

Hendry County had the highest jobless rate at 8.4 percent. The county, also known as the Greeley Metropolitan Statistical Area, had a 3.3 percent unemployment rate for January, one tenth of a percentage point lower than December. She says "benchmarking" is the process of adjusting the figures as more information becomes available and then new data is included in the January unemployment numbers. (more...)
Philippines steps up measures to combat Zika virus Philippines steps up measures to combat Zika virus
- March 14, 2016

Puerto Rico's Health Department is reporting 201 confirmed Zika cases amid warnings the US territory could face an epidemic of the mosquito-borne virus. Since this is a time of year when people travel to warmer climates and countries where Zika virus is found, the OCHD is urging residents, especially pregnant women, to take preventive measures when traveling in affected countries and check health travel advisories. (more...)
Hillary Clinton and Bernie Sanders ready to rumble Hillary Clinton and Bernie Sanders ready to rumble
- March 14, 2016

Sanders railed against what he portrayed as job-exporting trade deals; his campaign later said that Clinton has a spotty record on the issue. Bernie Sanders slammed Donald Trump as a "pathological liar" who is "inciting violence" during the CNN/TV One Democratic town hall at Ohio State University. (more...)
Sanders calls Trump a 'pathological liar' Sanders calls Trump a 'pathological liar'
- March 14, 2016

Clinton hasn't generated enthusiasm among young voters - Sanders has - but Trump's support significantly lags even McCain. This CNN Democratic town hall from OH could not have gone worse for the Republican Party. Trump said Sunday on CNN's "State of the Union" that he's not sweating his GOP rivals. Though Sanders has been scoring some points on trade, Clinton has so far built a more diverse constituency resting especially on African-American voters and Hispanics and appears to have ... (more...)
Google, WhatsApp and Facebook to Strengthen Encryption Services Google, WhatsApp and Facebook to Strengthen Encryption Services
- March 14, 2016

Even though the FBI's case with Apple is very important, many in law enforcement think that's what's happening with "WhatsApp" is of far greater concern. That is the company that devised the encryption system employed by WhatsApp. As encryption becomes more and more mainstream across the apps and devices, the struggle for investigating agencies will be in getting access to the information. (more...)
Clinton Projected Winner in Mississippi Primary Clinton Projected Winner in Mississippi Primary
- March 10, 2016

Clinton had a 2-1 lead over Sanders in a Washington Post/Univision Poll last month among Latino voters. Donald Trump won most of the delegates in Tuesday's contests but he still must do better to win the nomination before the Republican National Convention this summer. (more...)
Traders betting European Central Bank will cut rates deeper Traders betting European Central Bank will cut rates deeper
- March 10, 2016

Gold has stood its ground despite Friday's jobs data as many traders rule out the possibility of a near-term hike in USA interest rates. The deposit rate is the interest the ECB usually pays banks for the excess liquidity they park with it overnight. (more...)
Tesla Model 3 To Debut On March 31 In Los Angeles Tesla Model 3 To Debut On March 31 In Los Angeles
- March 09, 2016

Musk previously also announced the Model 3 reservations would require a $1,000 deposit. American Century Companies Inc. now owns 591,908 shares of the electric vehicle producer's stock valued at $142,064,000 after buying an additional 289,298 shares during the last quarter. (more...)
Npower to cut 2400 jobs as it announces a £99 million loss Npower to cut 2400 jobs as it announces a £99 million loss
- March 08, 2016

The "big six" energy firm also lost 351,000 customer accounts in 2015 and has been plagued by complaints over billing. Its German parent, RWE, said a "radical restructuring" of the United Kingdom supply business was getting underway, just days after Sky News reported the shake-up would result in 20% of npower's United Kingdom workforce losing their jobs. (more...)
S&P 500 above 2000 on energy offsets
- March 08, 2016

The Nasdaq Composite index .IXIC was up 6.21 points, or 0.13 percent, at 4,723.23. At 8:31 a.m. ET (1331 GMT), Dow e-minis were down 42 points, or 0.25 percent, with 22,675 contracts changing hands. "For the S&P 500 to move higher we need to start seeing better earnings growth, which may not come until second and third quarters", she said. Those advances stemmed in part from gains for oil prices, which rose almost 10% last week. (more...)
Japan telecom Softbank to reorganize into 2 subsidiaries Japan telecom Softbank to reorganize into 2 subsidiaries
- March 07, 2016

SoftBank's Japanese telecommunications business and shares in domestic Internet companies such as Yahoo Japan Corp. will be managed by a separate company led by Ken Miyauchi, who now heads SoftBank's Japanese mobile operations, it said in a statement. (more...)
Van Gaal hopes for further reinforcements
- March 06, 2016

Players are coming back but still I have to solve a problem every week in my line-up, so when players are coming back, they are not fit enough. When asked for his observation on the view that no-one appears to want to win the League, he said: "I think everybody wants to win the it but they can not always win [games] and that is the strength of the Premier League That is why this league is popular in the world". (more...)
Two charts that show the economy keeps getting stronger Two charts that show the economy keeps getting stronger
- March 05, 2016

Department of Labor and author of Where Are All The Good Jobs Going? Furthermore, the length of the average work week fell from 34.6 hours in January to 34.4 and the index of aggregate weekly hours - which some consider akin to a monthly proxy for gross domestic product - by -0.4% month-on-month to 104.9. (more...)
London Stock Exchange says Deutsche Boerse merger 'compelling' London Stock Exchange says Deutsche Boerse merger 'compelling'
- March 04, 2016

Group has re-affirmed its commitment to new rates exchange Curve Global, insisting it will happen irrespective of a deal with Deutsche Boerse. The chief executive, who would stand down in the event of a merger with Deutsche Boerse, has been in charge of LSE Group since May 2009, having worked previously for USA investment bank Lehman Brothers. (more...)
Facebook set to pay millions of pounds more in United Kingdom tax Facebook set to pay millions of pounds more in United Kingdom tax
- March 04, 2016

These changes will come into effect in April - the first tax bill will be paid in 2017. The company have revealed that they will no longer send advertising revenue through Ireland for its largest advertisers including Tesco and Unilever. (more...)

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