Markets


Black Friday shopping and the scoop you need
- November 20, 2016

According to Time , Amazon has already started their early Black Friday deals , but new batches of deals will start a week before Black Friday , starting from Nov. The stores will close at 1 a.m., Friday, but it will reopen seven hours later, at 8 a.m. But not everyone is opting out. Apple products also rarely go on sale but can be discounted on Black Friday by 10 to 15 percent. (more...)
World markets rattled as Trump heads to White House
- November 20, 2016

Financial shares posted the biggest increases on the Topix on speculation their businesses will improve under a Trump presidency. Overnight, however, the Dow Jones Industrial Average climbed 1.4 per cent amid speculation that Mr Trump would ramp up fiscal stimulus and pursue a pro-business agenda, which are positive for corporate earnings. (more...)
Internet Makes Hilarious Memes With Ironic Photo Of Trump And Obama
- November 20, 2016

Obama said they discussed organisational issues related to the presidential transition as well as foreign and domestic policy. Obama said his number one priority in the next few months will be a smooth transition of power, saying he wants to do everything he can to help Trump succeed. (more...)
Trump aside, Ford and other automakers have already moved to Mexico
- November 20, 2016

The company also confirmed Bill Ford did speak to Trump yesterday, as he indicated in his tweets . But he claimed to have saved the "Lincoln plant" which is not true. The MKC and Escape are essentially the same vehicle and are now built by the same workers on the same assembly line. It likewise has a different truck plant in Louisville, where it constructs pickups and bigger SUVs. (more...)
Gold Star family reportedly booed as they travel to meet soldier's remains Gold Star family reportedly booed as they travel to meet soldier's remains
- November 20, 2016

Sgt. Perry's father Stewart told the Stockton Record that he, his wife, and his daughter were on a flight from Sacramento to Phoenix, where they would then travel to Philadelphia and Dover to pick up his remains. Perry said people also need to be more respectful of the military. The Department of Defense says two soldiers died Saturday from injuries inflicted by an improvised explosive device in Bagram, Afghanistan . (more...)
Volkswagen plans 30000 job cuts, shift to electric cars Volkswagen plans 30000 job cuts, shift to electric cars
- November 20, 2016

The cuts are estimated to save the VW Group €3.7 billion (£3.2bn) a year, with the company hoping to increase its profit margins from 2 per cent to 4 per cent. On Thursday Volkswagen CEO Matthias Mueller called the strategy " the biggest modernization program in the history of the group's core brand ". At the meantime, 9,000 new jobs in future-oriented areas where 3.5 billion euros (about US$3.71 billion) would be invested, are planned to be created in Volkswagen's plants in Germany, ... (more...)
OH troopers return from North Dakota pipeline protest OH troopers return from North Dakota pipeline protest
- November 20, 2016

The filing comes after the Departments of the Army and Interior deferred a final decision on the controversial North Dakota section of the pipeline and highlighted concerns about the "repeated" dispossession of tribal lands. The company said it was taking steps to protect the pipeline from vandalism, but declined to disclose details. A United Nations group that represents indigenous people around the world said the US government appears to be ignoring the treaty rights and human rights of ... (more...)
5.0 magnitude natural disaster shakes Oklahoma, felt in Kansas 5.0 magnitude natural disaster shakes Oklahoma, felt in Kansas
- November 20, 2016

State regulators in Oklahoma say normal operations have resumed at the Cushing oil storage terminal after a 5.0 magnitude natural disaster struck Sunday night. Frazier said an assisted living community had been evacuated after damage was reported. The United States Geological Survey had originally recorded it to be a 5.3 magnitude before downgrading the quake slightly. (more...)
Dollar on track for winning week as Yellen signals imminent rate hike
- November 20, 2016

The blue-chip index is likely to track U.S. and Asia higher after Fed Chair Janet Yellen told Congress that an increase in interest rates could be "appropriate relatively soon". US Federal Reserve Chair Janet Yellen said that she will serve her full term despite President-elect Donald Trump's criticism of her performance in the past. (more...)
Tesla and SolarCity Get Shareholder Approval…Here's What it Means
- November 20, 2016

Your faith will be rewarded . The company will also have some of the most state-of-the-art technologies in its possession. Tesla has argued that SolarCity's recent results are not an indication of future performance, arguing that the company will benefit from a transition from leasing solar panels to selling them. (more...)
Nation pays tributes to Indira Gandhi Nation pays tributes to Indira Gandhi
- November 20, 2016

Former Chief Minister, Nabam Tuki along with APCC President, Padi Richo followed by senior Congress leaders, PCC office bearers, frontal organizations, Panchayat and Municipal leaders and party workers paid rich floral tributes to the portrait of the late leader. (more...)
Bond investors digest Yellen comments, eye more Fed speeches
- November 20, 2016

Treasury notes, underpinning the dollar. Nothing is certain in the tight-mouthed world of central banking, but Federal Reserve Chair Janet Yellen came as close as central bankers ever do on Thursday to suggesting a policy change. Eight of the 11 major S&P 500 sectors were lower. The Standard & Poor's 500 index rose 10.18 points, or 0.5 percent, to 2,187.12. "Yellen's comments made many investors wary of an immediate rate hike, and investors at home and in the region were afraid that ... (more...)
India forms task force to facilitate currency exchange for Nepal, Bhutan India forms task force to facilitate currency exchange for Nepal, Bhutan
- November 19, 2016

Following the demonetisation on November 8, the government allowed withdrawal of up to Rs 24,000 per week per person through cheque and Rs 2,500 from ATM. One particularly extravagant five-day affair in southern India this week, the wedding of a mining tycoon's daughter in Bangalore, reportedly cost about $75 million - including over 3,000 bouncers and samba dancers flown in from Brazil. (more...)
Iran and Iraq Asked to Freeze, Not Cut, Oil Production Iran and Iraq Asked to Freeze, Not Cut, Oil Production
- November 19, 2016

Iraq would have to compensate worldwide oil companies for limits placed on their production, further reducing the prospect it would join any OPEC deal to curb the group's output. Oil prices rebounded this morning after a surge in the United States dollar weighed on the black stuff and took Brent crude below $46 and USA sweet crude under $45. (more...)
Tesla and SolarCity shareholders approve $2.6 billion merger
- November 19, 2016

The good news is that if you can afford regular roof tiles, then these should not be a problem as Tesla's CEO Elon Musk said that the tiles will cost less to manufacture and install than a regular roof. Last month, Musk demoed solar panels that look like roof tiles. Image: Tesla shareholders approve SolarCity acquisition deal. Musk owns 22 percent of both companies. (more...)
USA divorce rate's dipped down to lowest point in almost 40 years USA divorce rate's dipped down to lowest point in almost 40 years
- November 19, 2016

The divorce rate in the United States has hit a 35-year low, new statistics has revealed. The capital Washington DC, which is legally separate from the 50 states, had more divorces than anywhere else in the USA with 30 marriages per 1,000 women brought to an end in 2015. (more...)
Western Refining Inc. (WNR) Bonds Trading 3.9% Higher
- November 19, 2016

Western Refining opened for trading at $29.13 and hit $30.2 on the upside on Wednesday, eventually ending the session at $29.96, with a gain of 4.35% or 1.25 points. LS Investment Advisors LLC now owns 5,115 shares of the company's stock valued at $135,000 after buying an additional 860 shares during the last quarter. (more...)
Settlement Near in Trump University Case Settlement Near in Trump University Case
- November 19, 2016

The deal would settle a lawsuit Schneiderman filed three years ago and two class-action lawsuits filed in California on behalf of former students. Students of Trump University said they were promised tricks of the real estate trade. Trump has strongly denied the claims. When that delay was granted, Trump's lawyers claimed that the period between being a President-elect and Inauguration Day would be preferable to the campaign period. (more...)
Donald Trump defends decision to settle Trump University lawsuits Donald Trump defends decision to settle Trump University lawsuits
- November 19, 2016

NY will get an additional $3 million to repay people who were not covered by the California lawsuits. Trump's attorneys also raised the prospect of having the president-elect testify by video recording before the trial begins in the class-action lawsuit on November 28. (more...)
Steve Bannon and his history of attacks upon women Steve Bannon and his history of attacks upon women
- November 19, 2016

Bannon's presence, a mere step from the Oval Office, would make it impossible to take Trump's efforts to heal the US seriously, Reid said. "I say to Donald Trump , take responsibility, rise to the dignity of the office - the president of the United States - instead of hiding behind your Twitter account, and show America that racism, bullying and bigotry have no place in the White House or America", the outgoing Nevada senator said on the Senate floor. (more...)

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