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Economy

On this Cyber Monday, shoppers in the US are expected to spend billions of dollars online. It's far from surprising to hear TVs and computers got some of the deepest price cuts on both Black Friday and Cyber Monday, with the latter's best-selling electronics list toplined by devices like Google Chromecasts, Apple iPads, Samsung tablets, Apple AirPods, and Sony's PlayStation VR headset.
  • Sonia Gandhi likely to be chief patron of Congress

    Sonia Gandhi likely to be chief patron of Congress

    Economy

    Prior to that, Gandhi had presided over the party's foundation day function in December and also chaired a meeting of the party's Working Committee in the absence of Congress President Sonia Gandhi. Meanwhile, the CWC formally initiated the process for electing a new president on Monday. The former Union minister, however, said his promotion would not lead to the party's old guard getting "thrown by the wayside".
  • Foot Locker Beats Estimates, Stock Climbs 26%

    Foot Locker Beats Estimates, Stock Climbs 26%

    Economy

    Foot Locker had a net margin of 7.49% and a return on equity of 21.52%. "The Company's results in the quarter were broadly in line with our expectations", said Richard Johnson, Chairman and Chief Executive Officer. Thirteen percent of UBS survey respondents indicated that they prefer to purchase Nike products on Amazon compared with the 9 percent who said they prefer to purchase the same products at Foot Locker .
  • Trump hails gang sweep aimed at MS-13 members

    Trump hails gang sweep aimed at MS-13 members

    Economy

    He added, "This is a great operation, but we are not done and we will not be done until we totally dismantle this organization". More than 200 MS-13 gang members were arrested in a major sweep called "Operation Raging Bull", the Trump administration announced Thursday.
  • Vermont unemployment in October steady at 2.9 percent

    Vermont unemployment in October steady at 2.9 percent

    Economy

    Pennsylvania's unemployment rate dropped in October to a new post-recession low, although the labor force, employment and payrolls all shrank during the month. Also, for the first time in years, Louisiana's unemployment rate doesn't rank among the 10 worst states. Nationally, the unemployment rate was 4.1 percent.
  • Japanese Train Company Apologises For Train Leaving 20 Seconds Early

    Japanese Train Company Apologises For Train Leaving 20 Seconds Early

    Economy

    This time, though, it's a rail company that's apologising after the 9:44am train on Tokyo's Tsukuba Express line left 20 seconds earlier than scheduled. The statement said the company's management wanted to " deeply apologise for the severe inconvenience" to any customers affected by the error, even though it did not receive any complaints.
  • Chevrolet Corvette ZR1 Unleashed

    Chevrolet Corvette ZR1 Unleashed

    Economy

    The front fascia's design is more than cosmetic; it's created to channel air to four new radiators, bringing the total number of heat exchangers to 13 on the auto. Some key changes to the LT5 engine include Chevy's new "intercooled" supercharger system that is expected to offer 52 percent more displacement than the previous generation LT4.
  • 2 women sue Uber, allege sexual assault by drivers

    2 women sue Uber, allege sexual assault by drivers

    Economy

    A spokesperson for Uber told ABC News that the company is now reviewing the lawsuit, and that the company takes the allegations seriously. They also allege Uber misrepresented the safety of using the service. It required Uber, Lyft and other companies to reject any driver who has been convicted of a violent felony or a terrorism-related offense, or is a registered sex offender.
  • Alibaba Breaks Its Own Record at China Shopping Festival

    Alibaba Breaks Its Own Record at China Shopping Festival

    Economy

    China's second-largest e-commerce company JD.com ( NASDAQ: JD ) on Monday reported better-than-expected financial results for the quarter ended September 30, 2017, sending the stock up over 5 percent. China has 731 million internet users, up 6 per cent from 2016, according to government statistics. The goods are shipped from dedicated Alibaba warehouses, obviating middlemen.
  • Mattel stock soars on report of Hasbro takeover offer

    Mattel stock soars on report of Hasbro takeover offer

    Economy

    According to a report on the WSJ , Hasbro had recently approached Mattel with the deal. US toymaker Hasbro Inc has made a takeover approach for rival Mattel Inc, the Wall Street Journal reported on Friday, citing people familiar with the matter.
  • CNAC orders 300 Boeing aircraft worth US$37 billion

    CNAC orders 300 Boeing aircraft worth US$37 billion

    Economy

    President Donald Trump's state visit to Beijing. It includes both orders and commitments for 300 Boeing single-aisle and twin-aisle aircraft, made up of planes from the 737, 787 and 777 families. Boeing says one out of every four jetliners now rolling off its assembly lines is being delivered to Chinese customers, suggesting Chinese demand is strong, despite vagueness about how many actual Chinese orders it has won.
  • In One Hour, Alibaba's Singles Day Sales Exceed $10 Billion

    In One Hour, Alibaba's Singles Day Sales Exceed $10 Billion

    Economy

    Sales from last year's Singles Day grossed $17.8 billion . If you're not excited about Singles Day, we're here to tell you why you should be. Over the years it has transformed into a huge sales event with sites like AliBaba generating roughly $18 billion dollars in revenue in 2016 .
  • JC Penney Company, Inc. (JCP), EV Energy Partners, LP (EVEP)

    JC Penney Company, Inc. (JCP), EV Energy Partners, LP (EVEP)

    Economy

    Holding by 12.8% in the first quarter. Wall Street analysts covering the stock are projecting that the stock will reach $5.71 within the next 52-weeks. Penney's inventory reduction efforts offset the negative impact of posting lower earnings. The company was upgraded on Friday, December 2 by Bank of America.
  • Bargain Hunters Should Take a Look at NVIDIA Corporation (NASDAQ:NVDA)

    Bargain Hunters Should Take a Look at NVIDIA Corporation (NASDAQ:NVDA)

    Economy

    Canaccord Genuity maintained the shares of NVDA in report on Wednesday, June 21 with "Buy" rating. A number of research firms recently commented on NVDA . "We are well positioned for continued growth", he said. If you are accessing this piece on another website, it was copied illegally and reposted in violation of worldwide trademark and copyright laws.
  • Free meals, treats for military members on Veterans Day

    Free meals, treats for military members on Veterans Day

    Economy

    Red Robin: Free Double Tavern Burger and all the steak fries your stomach can handle , all day long on Saturday, November 11. Guests must show proof of service such as military or VA card, or discharge papers. Note: We recommend you call specific locations to make sure they are taking part in the promotions and what proof of service they need to see. At participating locations, active-duty military and veterans can enjoy a free craft beer.
  • Sears and Kmart will kick off their Black Friday sales on Thanksgiving

    Sears and Kmart will kick off their Black Friday sales on Thanksgiving

    Economy

    Want Black Friday savings without the hassle? Get a five year major component warranty with any purchase over $399. Target's Black Friday event starts at 6 p.m. local time on Thanksgiving. At Kmart , they will be able to shop for day-after-Thanksgiving deals. The Walmart Black Friday 2017 hours start on Thanksgiving Day.
  • Target selling fidget spinners with unsafe levels of lead

    Economy

    Target responded to the report by claiming the toys are made for children 14 and over, so CPSC lead restrictions for children don't apply. "The two fidget spinners cited are clearly marked on the package as 'appropriate for customers ages 14 and older, ' and are not marketed to children", a Target spokesman said to the Washington Post .
  • TripAdvisor targeting sexual assault with new feature

    TripAdvisor targeting sexual assault with new feature

    Economy

    According to The New York Times , the warnings have been placed on venues in all of the travel categories on TripAdvisor: hotels, resorts, restaurants, airlines, etc. "As always, we encourage consumers to do additional research outside of TripAdvisor ". "These badges are meant to be informative, not punitive", he told the paper.
  • Former CEO of Yahoo testifies before Congress

    Economy

    Yahoo, which announced last month that a 2013 breach affected far more customers than previously thought, has doubled its security staff, helping to deflect "a barrage of attacks", Mayer said in remarks to be delivered Wednesday before the Senate Committee on Commerce, Science and Transportation.
  • Firms boost voluntary living wage for 150000 workers

    Firms boost voluntary living wage for 150000 workers

    Economy

    Employees in London will have their hourly pay lifted from £9.75 to £10.20. Currently, businesses do not need to pay it but can sign up to it voluntarily. Lidl has raised its wages to bring them in line with the Living Wage Foundation rate of pay, making it the highest-paying supermarket in the UK. The report revealed that three in five (59%) who earned below the RLW had experienced a sharp rise in living costs, whereas almost two times as many (17%) noticed a decline in pay compared to ...
  • Kante may return for Chelsea's trip to Roma

    Kante may return for Chelsea's trip to Roma

    Economy

    It has impacted the balance of the side which has, in turn, made good players look ordinary. Thibaut Courtois will start in goal in Rome - looking to keep only his second Champions League clean sheet of the season. An ill-judged backpass across goal by Kolarov presented Alvaro Morata with a chance to level - the Spain striker blazing over - before Roma sprung forward to double their advantage nine minutes before the break.
  • Rose McGowan Was Offered $1 Million In Weinstein Hush Money

    Rose McGowan Was Offered $1 Million In Weinstein Hush Money

    Economy

    Weinstein representative Sallie Hofmeister has denied all allegations of non-consensual sex. No more will we be shunted to the side. After the initial Times story mentioning McGowan's settlement was published, a lawyer for Weinstein said in a statement that the article is "saturated with false and defamatory statements" and that "No company ever talks about settlements, and neither does the recipient, so I don't know how the Times came to this conclusion, but it is pure conjecture; ...
  • One person arrested after Manhattan shooting

    One person arrested after Manhattan shooting

    Economy

    Uber driver Chen Yi said he saw a truck plough into people on a popular bike path adjacent to the West Side Highway. Earlier a vehicle entered the West St. The suspect is in custody. "A auto just ran over 2 people and then crashed into a school bus", one person on scene tweeted. Federal Bureau of Investigation is also responding to the crime scene.
  • Winx wins 22nd straight race, taking the Cox Plate 2017

    Winx wins 22nd straight race, taking the Cox Plate 2017

    Economy

    The victory also elevated the six-year-old to the top of Australia's list of all-time Stakes earners with more than A$15.5 million now in the bank. While Waller admits there is pressure associated with a horse like no other, her jockey Hugh Bowman is ever cool even if he is churning inside.
  • Ford earnings rise on lower taxes

    Economy

    US sales of F-Series pickups rose 14% forthe quarter. Ford's margin for the quarter came in at 8.1% and Shanks expects that to improve slightly as the cost control efforts continue through the rest of the year. Based on the strong performance in Q3 2017, Ford Motors has tightened its EPS guidance for 2017 to a range of $1.75 to $1.85, which is in the upper range of its previous guidance .