Markets


Bangladesh says has identified 20 foreign suspects in cyber theft Bangladesh says has identified 20 foreign suspects in cyber theft
- April 19, 2016

CID investigators have recently visited Sri Lanka and Philippines for the probe. The hackers attempted to steal $1 billion from Bangladesh Bank's account with the Federal Reserve Bank of NY in early February, and successfully transferred a total of $101 million to Sri Lanka and the Philippines . (more...)
Hope For Steelworkers As Javid Jets To India
- April 19, 2016

Mr Gupta said: "UK Government appears highly supportive and is proactively engaged in finding a long-term solution". Business Secretary Sajid Javid said: "I am determined to make sure we do all we can to secure a sustainable future for United Kingdom steel and find a viable solution that supports the workers and wider community". (more...)
Warner Bros. confirms Ben Affleck working on Batman solo movie Warner Bros. confirms Ben Affleck working on Batman solo movie
- April 18, 2016

The chairman and CEO of Warner Bros ., Kevin Tsujihara , has confirmed that Ben Affleck will reprise his role as Batman in a stand-alone Batman movie , which will also be directed by him. Initially announced on Tuesday at CinemaCon , Affleck's Batman movie has been confirmed in an official press release later, Variety reports . Warner has already set aside those two dates for unnamed DC Comics adaptations. (more...)
George Clooney admits the price of political fundraising is 'obscene'
- April 18, 2016

Hollywood's power brokers, meanwhile, have spent weeks selling high-dollar tickets, starting at $33,400 per person, to the Clooney event in Studio City. The is the second fundraiser the Clooneys have headlined with Clinton in as many days. It also shows that Clinton is getting serious in her efforts to hold off Bernie Sanders and his grassroots campaign. (more...)
Note 6 codenamed 'Grace'; model numbers revealed for US carriers Note 6 codenamed 'Grace'; model numbers revealed for US carriers
- April 18, 2016

Apart from the Samsung Galaxy S6, other devices that have received the Android 6.0.1 Marshmallow update include the Galaxy S6, the Galaxy S6 Edge+, and the Galaxy Note 5. All of these speculations make Samsung Galaxy 6 sound like it will be a powerful and efficient device but these rumors are still unsubstantiated. Samsung unveils Galaxy J5 and J7 smartphones: no Marshmallows in there! (Samsung)The Samsung Galaxy Note5 was announced last August 2015. (more...)
MORGAN STANLEY: The market's getting better, but our clients aren't MORGAN STANLEY: The market's getting better, but our clients aren't
- April 18, 2016

Investment banking revenue, which includes fees from mergers and income from equity and debt underwriting, fell 18.4 per cent to $1.11-billion. "While we see some signs of market recovery, global uncertainties continue to weigh on investor activity". (more...)
Toxic oil loans create trouble for big banks
- April 18, 2016

Wells Fargo's oil and gas portfolio remained stressed due to low energy prices in the quarter. His attempt to bolster revenue has been hamstrung by low interest rates and rising costs from energy loans that went bad as oil prices plunged. Still, Wells countered some of these challenges with loan growth, with total loans up about 10 percent from a year-ago at $947.3 billion. Net interest income rose 6.2 percent to $11.7 billion, while expenses increased 4.2 percent to $13 billion. (more...)
Mickey Mouse-shaped solar facility unveiled at Disney World Mickey Mouse-shaped solar facility unveiled at Disney World
- April 17, 2016

Disney World in Orlando, Florida, has launched a new solar farm which is shaped like Mickey! They will join Reedy Creek Improvement District board members in signing the panels. Disney finished planting seedlings in 1992 that grew into the familiar shape on land owned by the entertainment giant. The recently opened solar farm is flaunted to be as the Disney's latest step to stand by its commitment to environmental conservation. (more...)
Court sides with Argentina, speeding along bond settlements Court sides with Argentina, speeding along bond settlements
- April 16, 2016

The conditions include completing settlement payments. In announcing the three-judge panel's ruling on Wednesday, U.S. Circuit Judge Christopher Droney said U.S. "I hope (the court) takes a decision as soon as possible", Mr Prat-Gay said, adding that the investors he met in NY had been very optimistic about Argentina's bond offering. (more...)
Wells Fargo 1Q earnings fall as oil loans hit bottom line
- April 16, 2016

Net income in the quarter soared 27% to $946 million or $1.21 per diluted share compared to $746 million or 90 cents per share from the same quarter past year. Excluding items, the bank earned 20 cents per share, matching the average analyst estimate. However, the net interest income increase was partially offset by reduced income from variable sources (periodic dividends and loans fees) and one less day in the quarter. (more...)
A Group of Democracy Spring Activists Occupied the US Capitol A Group of Democracy Spring Activists Occupied the US Capitol
- April 16, 2016

Dawson said she was warned multiple times that she would be arrested and suggested that the cops may not have wanted to arrest her because they knew she was a celebrity and would draw attention. Trump, a billionaire Republican, and Sanders, who describes himself as a democratic socialist running for the Democratic nomination, have both criticised the influence of large campaign contributions in their surprising runs for the White House. (more...)
Bill Clinton: Sanders supporters would 'shoot every third person on Wall Street'
- April 16, 2016

For Sanders, top searches dealt with his rallies: "How long are Bernie Sanders' rallies?" and "Where will Bernie Sanders speak next?" were the top two. Nationally, Clinton has the support of about 48 percent of Democrats, while Sanders has the support of around 45 percent of them, according to the HuffPost Pollster . (more...)
325000 reservations in a week
- April 16, 2016

Tesla said consumer test drives of the Model 3 will be offered "once we begin production at the end of 2017". In a blog post titled "The Week that Electric Vehicles Went Mainstream" this morning, Tesla boasted of "the single biggest one-week launch of any product ever". (more...)
Wells Fargo profits slide amid weakness in loans to energy companies
- April 15, 2016

While it beat analysts' expectations for both revenue and EPS, profit still trended lower. Around two dozen leading energy-producing countries, including OPEC member nations as well as Russian Federation and Mexico, are expected to meet this Sunday in Doha, Qatar to discuss possible production curbs. (more...)
Obama backs effort to give consumers options on cable boxes Obama backs effort to give consumers options on cable boxes
- April 15, 2016

This would create a software-based replacement for CableCard, allowing other companies to build set-top boxes or mobile applications that display a pay-TV subscriber's channels without a physical CableCard. Bush. Earlier this year, the FCC moved ahead with a plan to wrench set-top boxes out of the hands of the cable industry, opening up the market to let consumers buy devices from third-party manufacturers. (more...)
Yahoo makes it easier to give Marissa Mayer a huge payday Yahoo makes it easier to give Marissa Mayer a huge payday
- April 15, 2016

Potential bidders complain that Yahoo is too vague about its financial projections, and the implications of Ms. Mayer's "revolutionary" strategy for the company have not been outlined clearly. From mid-February, Yahoo formally started the process of selling parts of its business. In much of the world, Yahoo may be considered a marginal internet brand. (more...)
This monstrosity is Motor Trends vision for the Apple Car This monstrosity is Motor Trends vision for the Apple Car
- April 14, 2016

Car magazine Motor Trend caused a stir on Wednesday when it teased images of what it called the Apple Car. The magazine consulted automobile designers from ArtCenter College of Design in Pasadena, Calif. It's possible that the actual Apple Car could resemble the graphics in some way, but it's incredibly unlikely. Mr. Musk accused Apple of giving high bonuses and impressive salaries to any Tesla engineers willing to jump ships. (more...)
Obama dedicates new national monument to women's equality
- April 14, 2016

Department of Labor "BREAKING DOWN THE GENDER WAGE GAP" infographic, "Women who worked full-time, year-round in 2014 earned on average, 79% of men's media annual earnings". "For some women, having a job, even if it pays a third less than their male counterparts make, is too important to lose in this economy", Sen. Another recent study logged a 20 percent gender wage gap for executives with MBAs. (more...)
Texas Attorney General, Already Facing Criminal Charges, Accused Of Civil Fraud
- April 14, 2016

This morning, the SEC filed a civil lawsuit in federal court alleging Paxton and a former member of the Servergy's board of directors recruited investors "while hiding they were being compensated to promote the company's stock", according to a press release . (more...)
Facebook Chat-Bots Could Be Better Than Humans Facebook Chat-Bots Could Be Better Than Humans
- April 14, 2016

Facebook said it would make efforts to ensure the new adverts weren't too spammy, telling TechCrunch , 'These will definitely be limited...we're very paranoid about that and we don't want bad things to happen to anyone'. The camera records images from all 17 of those lenses and produces a 360-degree spherical video for viewing both inside virtual reality headsets like the Samsung Gear (stereoscopic 3D) and on ordinary smartphones, tablets, and PCs (monoscopic). (more...)

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