Markets

Markets Judge rejects Trump push to dismiss emoluments lawsuit
Author: 0 Judge rejects Trump push to dismiss emoluments lawsuit

The attorneys general for Maryland and the District of Columbia are the first plaintiffs to survive a motion to dismiss in a so-called "emoluments" lawsuit, which alleges that President Donald Trump is violating the Constitution by maintaining ownership of his vast business empire while in office.

Markets Two pilots report seeing UFO in southern Arizona skies
Author: 0 Two pilots report seeing UFO in southern Arizona skies

The initial report came from N71PG, the Learjet, asking Albuquerque Center if traffic had passed above them. The controller then asks the American Airlines pilot if he can keep an eye out for the object. He sees it too, saying: 'Yeah something just passed over us, like a, don't know what it was, but it was at least 2-3000 feet above us fast right over the top of us.

Markets Facebook announces new privacy tools for users following data controversy
Author: 0 Facebook announces new privacy tools for users following data controversy

Facebook on Wednesday unveiled new privacy settings aiming to give its users more control over how their data is shared, following an outcry over hijacking of personal information at the giant social network. Barley has demanded a "comprehensive investigation" into whether German users were affected by the illegal use of information from millions of Facebook profiles during "electoral strategy" work by the company Cambridge Analytica for the U.S.

Markets Ransomware Attack Hits Multiple Atlanta Government IT Systems
Author: 0 Ransomware Attack Hits Multiple Atlanta Government IT Systems

Atlanta Mayor Keisha Lance Bolton said this week the city was asked for a $51,000 ransom from unidentified hackers , but there was no formal confirmation of the ransom amount. Dell SecureWorks and Cisco Security, which are working to restore the city's systems, declined to comment on the attacks, citing client confidentiality.

Markets Govt to sell 76% stake in Air India, invites expression of interest
Author: 0 Govt to sell 76% stake in Air India, invites expression of interest

AI owns 50% stake in AISATS. May 14 has been finalised as the deadline for the letter of expression. Professional services firm Ernst & Young LLP India has been appointed as transaction adviser for the strategic disinvestment process. Domestic airlines with zero or negative net worth can participate in the bidding process by forming consortiums which fulfill the prescribed criteria.

Markets Arizona suspends Uber from autonomous vehicle testing
Author: 0 Arizona suspends Uber from autonomous vehicle testing

Since the self-driving auto crash in Tempe, Texas, there has been heightened scrutiny of the safety track record of Uber's self-driving auto unit, and questions have been raised over whether the vehicle's sensors should have been able to detect and avoid the pedestrian .

Markets US Economic Growth Better Than First Thought
Author: 0 US Economic Growth Better Than First Thought

Textile and apparel imports to the USA rose 3.2% in 2017 to 64.89 billion square meter equivalents and gained 1.27% to $106 billion in value terms. With this third estimate for the fourth quarter, the general picture of economic growth remains the same; personal consumption expenditures and private inventory investment were revised up.

Markets Shares in British drugmaker Shire jump on buyout interest by Takeda
Author: 0 Shares in British drugmaker Shire jump on buyout interest by Takeda

The stock increased 12.32% or $15.88 during the last trading session, reaching $144.75. A total of 0.96 million shares exchanged at hands and its average trading volume is standing at 1.29 million shares. Leerink Swann upgraded the stock to "Outperform" rating in Tuesday, November 17 report. As per Monday, October 26, the company rating was maintained by RBC Capital Markets.

Author: 0 Arizona Bans Uber's Autonomous Cars After Fatal Crash

The company supplies the chips for Uber's autonomous cars and has five test cars of its own operating in California and New Jersey. Arizona will continue to allow other companies to test autonomous vehicles. Doug Ducey announced on Monday that the state has pulled Uber's license to test self-driving cars there. Arizona and California have been particularly welcoming to self-driving auto testing, hoping companies developing autonomous technology in those states will create local jobs and ...

Author: 0 Adobe Systems Incorporated (NASDAQ:ADBE) Shares Bought by Axa

Tiger Eye Capital Llc who had been investing in Adobe Sys Inc for a number of months, seems to be less bullish one the $106.08 billion market cap company. $187.71's average target is -12.70% below currents $215.02 stock price. Goldman Sachs maintained it with "Buy" rating and $72 target in Monday, May 9 report.

Markets No more Cosmo at Walmart checkout lanes
Author: 0 No more Cosmo at Walmart checkout lanes

The org changed its name in 2015, but its self-described objective stands as "the leading national organization exposing the links between all forms of sexual exploitation such as child sexual abuse, prostitution, sex trafficking, and the public health crisis of pornography".

Markets Review of Financial analysis: Lululemon Athletica Inc. (NASDAQ:LULU)
Author: 0 Review of Financial analysis: Lululemon Athletica Inc. (NASDAQ:LULU)

The stock decreased 1.96% or $1.59 during the last trading session, reaching $79.51. Oracle Corporation (NYSE:ORCL) has risen 1.20% since March 28, 2017 and is uptrending. Citizens & Northern invested in 42,888 shares or 1.44% of the stock. (NASDAQ: LULU ). Huntington Savings Bank invested 0% in Lululemon Athletica Inc .

Markets Facebook's Sheryl Sandberg Responds to Data Breach, Welcomes Regulation
Author: 0 Facebook's Sheryl Sandberg Responds to Data Breach, Welcomes Regulation

Mr Jide Awe, the Chairman, Conferences Committee, Nigeria Computer Society, noted that social media had yet to be regulated. Elon Musk has also hidden SpaceX and Tesla's Facebook accounts after being challenged to do so via Twitter. "We need to do more to verify and notify". Mozilla even started a petition to get Facebook to take action. In a joint statement, House Energy & Commerce Committee Chairman Greg Walden (R-Ore.) and Ranking Member Frank Pallone (D-N.J.) said a briefing to ...

Markets SoftBank, Saudi Arabia announce massive solar power project
Author: 0 SoftBank, Saudi Arabia announce massive solar power project

The project is its initial stage and it is not guaranteed it will be built or not. The intention is to complete due diligence on the project by the end of May. According to a report by CNBC , the project was projected to have a capacity of 200 gigawatts and will cost $200 billion through 2030. The announcement happened during the NY leg of Prince Mohammed's trip across the United States.

Markets Deposit scheme for drinks containers planned
Author: 0 Deposit scheme for drinks containers planned

A well-designed deposit return scheme is expected to collect up to 95% of plastic bottles and drinks containers, keeping purer materials in the system for reuse as drinks containers or other higher-value products. United Kingdom consumers use an estimated 13 billion plastic drinks bottles a year, but more than three billion are incinerated, sent to landfill or end up as litter in towns, the countryside and the seas, officials said.

Markets What Are Analysts Report About Oracle Corporation (ORCL)
Author: 0 What Are Analysts Report About Oracle Corporation (ORCL)

Oracle Corp now has $187.99B valuation. The stock decreased 0.71% or $0.33 during the last trading session, reaching $46.15. This nets out to a decrease of 12.59 million shares and is another bearish sign for ORCL . In related news, insider Thomas Kurian sold 1,700,000 shares of the business's stock in a transaction that occurred on Thursday, January 18th. Invests $4.73 Million in Oracle Co.

Markets Apple iPhone Aims To Become More Flexible?
Author: 0 Apple iPhone Aims To Become More Flexible?

The Apple iPhone Xs will be a sequel to the tenth anniversary model and will come with a 5.8-inch AMOLED display. The iPhone X is now priced at $999, so Daryanani is predicting a $100 price cut there to make room for the iPhone X Plus at the high-end of the market, starting at $999.

Markets Here's one way to help Facebook protect data
Author: 0 Here's one way to help Facebook protect data

The onus is on you to protect your data and privacy , and yourself. "And we have a responsibility to do this, not only for the 2018 midterms in the U.S., which are going to be a huge deal this year and that's just a huge focus for us but there's a big election in India this year, there's a big election in Brazil, there are big elections around the world, and you can bet that we are really committed to doing everything that we need to make sure that the integrity of those elections on ...

Author: 0 Volkswagen confirms production-spec T-Roc convertible SUV

Herbert Diess , CEO of the Volkswagen brand. Volkswagen will build a cabriolet version of its upcoming T-Roc baby SUV, giving drop-top fanciers an affordable alternative to the Range Rover Evoque convertible . VW's late entry into the booming subcompact crossover segment - the T-Roc arrived near the end of 2017 - meant the brand's share of SUV/crossover sales in Europe was just 15 percent of its total a year ago, according to data from market researcher JATO Dynamics.

Markets United States investigating fatal Tesla crash in California
Author: 0 United States investigating fatal Tesla crash in California

John Thompson, CEO of hedge fund Vilas Capital Management, told MarketWatch on Tuesday that Tesla will be bankrupt within four months unless chief executive Elon Musk "pulls a rabbit out of his hat". This is the second NTSB field investigation into a Tesla crash since January. Freeway lanes closed for hours as firefighters tried to determine whether it was safe to move the vehicle and its damaged lithium-ion battery, according to the San Jose Mercury News.

Markets Strong natural disaster strikes Indonesia's Papua Islands
Author: 0 Strong natural disaster strikes Indonesia's Papua Islands

Disaster officials say they are trying to assess the extent of the damage. Troops and rescue workers have been dispatched across the country over fears there could be yet more aftershocks. Both Oil Search and ExxonMobil said there were no reports of any injuries to their staff, and ExxonMobil said its staff was accounted for and safe.

Author: 0 Uber driver takes wrong turn and gets stuck on stairway

A representative from Uber was not immediately available for comment. The entire tip will be given to the driver, and Uber South Africa clarifies that it will not deduct service fees from the tipping transaction. Improving the driving experience has been a key priority for us over the previous year. "We believe this will make a huge difference in the driver-partners lives and will ensure they continue to have a positive experience with the Uber app", concludes Lits.

Markets Spanish police arrest suspected cybercrime mastermind
Author: 0 Spanish police arrest suspected cybercrime mastermind

Authorities suspect they are responsible for the theft of one billion dollars through various malware campaigns. From 2013, when it launched the Anunak malware programme, the gang attacked banks, e-payment systems and financial institutions in more than 40 countries, resulting "in cumulative losses of over Euro 1 billion for the financial industry", Europol said .

Markets GSK buys Novartis stake in consumer healthcare biz for $13 bn
Author: 0 GSK buys Novartis stake in consumer healthcare biz for $13 bn

The stock appeared -15.66% downward to its 52-week high and 8.81% above its 52-week low. The shares recently went up by 3.51% or $1.27 and now trades at $37.42. This discount could be the result of weak market conditions or overreaction to recent company setbacks. The stock traded with the average Volume of 4.11 Million at the end of last session.

Markets Naidu convened all party meet ignoring YSRCP-Janasena boycott
Author: 0 Naidu convened all party meet ignoring YSRCP-Janasena boycott

Unhappy with the denial of Bhartiya Janata Party (BJP)-led NDA government at Centre to provide special status to Andhra Pradesh , all parliamentarians of the YSR Congress Party (YSRCP) have chose to resign. Convenor of the Struggle Committee to Achieve Special Status, Chalasani Srinivas, said the fight should be taken to New Delhi , rather than holding demonstrations in the state.

Markets IShares MSCI Hong Kong (EWH) Declines 1.58% for Mar 25
Author: 0 IShares MSCI Hong Kong (EWH) Declines 1.58% for Mar 25

The firm will look to it's next scheduled report date to try to improve on these numbers. Developed by James O'Shaughnessy, the VC score uses five valuation ratios. Some of the best financial predictions are formed by using a variety of financial tools. Over the past 50 days, MSCI Inc. stock was -0.89% off of the high and 20.41% removed from the low.

Markets Deutsche Bank seeking to replace CEO John Cryan, suggests report
Author: 0 Deutsche Bank seeking to replace CEO John Cryan, suggests report

The Relative Volume of the company is 1.94 and Average Volume (3 months) is 4.86 million. Volume is the lifeblood of any stock. The company's Market capitalization is $30.39B with the total Outstanding Shares of "Outstanding". The Stock now has a Weekly Volatility of 2.09% and Monthly Volatility of 1.76%. The current EPS for the company has recorded at $0.99. Eight investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to ...

Markets Opening Bell: Sensex, Nifty up amid positive global cues
Author: 0 Opening Bell: Sensex, Nifty up amid positive global cues

Benchmark indices in Asia ended higher today following gains in the United States equities overnight and as concerns over a full-blown global trade war subsided. Major gainers were Wipro, Tata Steel, Axis Bank, L&T, SBI, Yes Bank, Kotak Bank, ICICI Bank , Adani Ports, IndusInd Bank, Sun Pharma, Tata Motors and Reliance Industries , rising by up to 2.30 per cent.

Markets FTC launches probe on Facebook's data privacy practices
Author: 0 FTC launches probe on Facebook's data privacy practices

Some members of Congress and privacy advocates have pushed for the FTC to look into whether the matter violates a 2011 consent decree in which Facebook said it would uphold a number of privacy protections. Kogan developed an app on which 270,000 Facebook users supplied information about themselves. What Facebook does say is that advertisers don't get the raw data.

Markets Miguna Miguna refuses to fill citizenship forms at JKIA in Nairobi
Author: 0 Miguna Miguna refuses to fill citizenship forms at JKIA in Nairobi

In the wake of the violence and political unrest surrounding last year's presidential elections, which had to be rerun following accusations of fraud supported by a Supreme Court ruling, the situation will only heat up as the Kenyan authorities decide what to do with the defiant and fiery Miguna.