Markets


Volkswagon will refit 11 million cars with emission error software Volkswagon will refit 11 million cars with emission error software
- October 13, 2015

He added that around 4,000 vehicles were affected across the Volkswagen , Audi , Skoda and Seat brands. It said this decision would affect 3,320 vehicles presently in stock. "We all want clean air to breathe, but motorists will understandably be worry about the MPG (miles per gallon) implications of these so-called corrections on the cars many will have bought on the strength of their fuel economy". (more...)
Russian jet 'shot down' by Turkish forces after entering Turkish air space Russian jet 'shot down' by Turkish forces after entering Turkish air space
- October 13, 2015

Serkan Demirtas, Turkish analyst: "Turkey and Russian Federation have never been on the same page on the Syria issue". Prime Minister Ahmet Davutoglu also renewed criticism of the Russian airstrikes in Syria , insisting they were mainly targeting the moderate Syrian opposition and therefore helping strengthen the extremist Islamic State group that is fighting Syrian President Bashar Assad's forces. (more...)
CNN Accuses Marco Rubio Of Quietly Boycotting Network CNN Accuses Marco Rubio Of Quietly Boycotting Network
- October 13, 2015

The Trump's campaign also sent Rubio two towels, a bumper sticker and a note. Marco Rubio with a special delivery for his rival: "Trump Ice Natural Spring Water". Trump said . Rubio inspired widespread derision for awkwardly gulping a water bottle on-air during the high-profile address. It was the day following the first GOP presidential debate on Fox News, and CNN's Chris Cuomo questioned Rubio's position on abortion. (more...)
Tesco launches Tesco launches "immediate" price match guarantee against Sainsbury, Asda and Morrisons
- October 12, 2015

Supermarkets have been locked in a price war for the last 18 months due to the rise of German discounters Aldi and Lidl, who have stolen market share from the so-called "Big Four" - Tesco , Asda, Sainsbury's, and Morrisons. The research also showed that almost half (48%) of supermarket shoppers cited the main reason for this as the fact they forgot to use the vouchers, while 16% of shoppers said they lost vouchers before they could claim their savings. (more...)
Turkey says jets again harassed at border with Syria Turkey says jets again harassed at border with Syria
- October 12, 2015

At the same time , the situation may cause Turkey to draw more closely with regional partners, in particular Qatar. F-16 fighters were scrambled after a MIG-29 twin-engined jet locked radar on Turkish planes near the town of Yayladagi, in Hatay province close to the border with Syria . (more...)
Tesla's first SUV, the Model X, is finally hitting the road Tesla's first SUV, the Model X, is finally hitting the road
- October 11, 2015

Essentially if you push this button, the Model X's air filter ( which happens to be 10 times larger than your run-of-the-mill air filter) will supposedly keep you safe. Tesla hopes that the revenue from the Model X will help pay for a much cheaper, all-electric vehicle that Musk tweeted about earlier this month. (more...)
Check out the Tesla Model X electric sports-utility vehicle Check out the Tesla Model X electric sports-utility vehicle
- October 11, 2015

It's also massively overpriced when compared to what could be called "competition" - the Porsche Cayenne S E-Hybrid, starting at $77,200. According to the Tesla website , the Model X can seat seven adults and accelerate from zero to 60 miles per hour in 3.8 seconds. (more...)
UAW threatens strike in contract talks with Fiat Chrysler UAW threatens strike in contract talks with Fiat Chrysler
- October 11, 2015

A spokesperson for the UAW had not returned a phone call or an email by the time of publication. Finally, the rank and file may have been surprised to see photos of Williams and Fiat Chrysler CEO Sergio Marchionne sharing a friendly hug at the beginning of contract talks. (more...)
Fiat Chrysler avoids strike with new tentative contract Fiat Chrysler avoids strike with new tentative contract
- October 09, 2015

Williams added the union has made real gains and is planning a discussion about the terms with its members. UAW workers coming out of the Chrysler plant later that morning talked to FOX 2's Maurielle Lue about their thoughts on the deal. In the past decade, strikes by the UAW have been infrequent, with the previous two in 2007 when employees struck General Motors for a couple of days and Chrysler for 6 hours. (more...)
Princeton University Ranked Among the World's Best Princeton University Ranked Among the World's Best
- October 08, 2015

News & World Report . But how do they stack up against the University of Oxford? They were followed by two United Kingdom universities, Oxford, and Cambridge, at Nos. Princeton University has topped U.S. News' ranking of US universities for several years. 5 and 6. Rounding out the Top 10 were California Institute of Technology, UCLA, Columbia University and the University of Chicago. (more...)
EBible Fellowship predicts world will be 'annihilated' tomorrow EBible Fellowship predicts world will be 'annihilated' tomorrow
- October 08, 2015

And he says he'll not do that again, not by water. The eBible Fellowship previously predicted the end of the world would be May 21, 2011, but is now certain civilization will be wiped out by fire Wednesday. Something about God spending a lot of time after that May 21 date deciding which believers would be spared from "doomsday". "There's a strong likelihood that this will happen ", McCann said . (more...)
Jay Leno Subs In For Jimmy Fallon In 'Tonight Show' Surprise Jay Leno Subs In For Jimmy Fallon In 'Tonight Show' Surprise
- October 08, 2015

So I'll provide that for him instead: " Jay Leno's Garage " arrives on CNBC Wednesday at 10 p.m. But that doesn't mean that Leno, vehicle nut that he is, can't appreciate the appeal of an electric auto that dates back to the administration of President William Howard Taft. (more...)
Gelson's, Smart & Final agree to buy a few Haggen stores Gelson's, Smart & Final agree to buy a few Haggen stores
- October 08, 2015

Smart & Final Stores has announced a deal to acquire 28 stores from Haggen, for a cash price of $56m. Haggen officials said they are also requesting a hearing later this month to propose bidding procedures for other stores. Meanwhile, if Gelson's stalking horse bids for the Los Angeles County stores prove successful, the move will represent a significant expansion for the 18-store chain, which would increase by nearly 50 percent. (more...)
OECD will be Releasing New Tax Rules on Tuesday OECD will be Releasing New Tax Rules on Tuesday
- October 08, 2015

Upon announcing the 15-point plan to fight BEPS , the OECD's Pascal Saint-Amans said: "Playtime is over". Although the U.S.is the OECD's biggest funder, Congressional Republicans have criticized the OECD work on tax loopholes , calling it a way for other countries to increase taxes on American companies. (more...)
San Diego Trolley. Not so Good San Diego Trolley. Not so Good
- October 08, 2015

The San Diego Municipal Transit System and the Santa Clara Valley Transportation Authority tied for the worst graded systems in the study, each with a C-. "The diversity of destinations, walkability, transit access, and affordability offered by this station positions it as an example for other stations to follow", the release said. (more...)
Media General refutes report that Meredith deal is dead
- October 07, 2015

Media General and Oppenheimer declined to comment. Excluding debt, Nexstar's bid values MG at $1.85 billion, and the offer of $14.50 per MG share includes $10.50 per share in cash plus 0.0898 shares of Nexstar stock. Moreover, The Street reports that other major Media General shareholders are supporting Nexstar's offer for Media General. Three weeks later, Nexstar Broadcasting, a competitor of Media General, made an unsolicited bid to buy Media General and thwart Media General's attempt to ... (more...)
Porsche Explains Why They Chose CarPlay Over Android Auto Porsche Explains Why They Chose CarPlay Over Android Auto
- October 07, 2015

Porsche has therefore offered to strike a deal with Apple rather than Google, though the report does not indicate whether or not Android Auto's comprehensive user data requests are a standard procedure for Google, or whether that was an offer made exclusively to Porsche. (more...)
Kullman to leave DuPont as activist signals new push for breakup Kullman to leave DuPont as activist signals new push for breakup
- October 07, 2015

Before Monday's announcement, Du Pont shares were down nearly 28 percent from May 12, the day before Peltz lost his proxy battle with DuPont. Shares of GE jumped 5.3% Monday to $26.83. Kullman, 59, is leaving as DuPont said it won't make as much money as it expected in the current quarter, and has made plans to accelerate and expand previous cost-cutting proposals. (more...)
Prince Philip honour 'injudicious': Abbott Prince Philip honour 'injudicious': Abbott
- October 06, 2015

The Australian government, led by new Prime Minister Malcolm Turnbull , has shelved plans to remove caps on tuition fees next year. Exhibit 1 is Turnbull himself, who was so wounded after Abbott knocked him off in December 2009 that he announced he was off in 2010. (more...)
SteamOS coming to your local GameStop SteamOS coming to your local GameStop
- October 06, 2015

Valve, whose Steam-centric gaming PCs, game-streaming device Steam Link and unique touch-driven controller have been both lauded and criticized, needs a retail partner that speaks fluent enthusiast-ese.   Take a peek at the original Steam Machine starting lineup to see where we MIGHT be on November 10th. Valve didn't say if Steam Machines would be unveiled at stores when it lifts the curtain but did peg the physical Steam Machine stores-within-a-store as launching this "fall". (more...)

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