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Economy

Simon Thomas, joint administrator and partner at Moorfields, said: "We've introduced heavy discounts across the entire Toys 'R" Us store portfolio today. Maplin has a shop at the town's Ravenside Retail Park. We have informed employees about the process and will continue to keep them updated on developments.
  • Barclays reinstates dividend despite £1.9bn loss

    Barclays reinstates dividend despite £1.9bn loss

    Economy

    Admittedly Barclays hit a cost target of £14.2 billion in underlying operating expenses, and a headline minus-3.6% return on tangible equity becomes 5.6% when misconduct and litigation costs and a revaluation of Barclays' US tax assets are stripped out.
  • The Winner in the Albertsons/Rite Aid Deal

    The Winner in the Albertsons/Rite Aid Deal

    Economy

    Vetr raised shares of Rite Aid from a "hold" rating to a "strong-buy" rating and set a $2.54 price objective for the company in a report on Tuesday, January 16th. The stock of Rite Aid Corporation (NYSE:RAD) has "Neutral" rating given on Wednesday, April 26 by Guggenheim. About 77.66 million shares traded or 187.50% up from the average.
  • Broadcom lowers offer for Qualcomm to $79 per share

    Broadcom lowers offer for Qualcomm to $79 per share

    Economy

    Vident Investment Advisory Llc acquired 86,925 shares as Ptc Inc (PTC)'s stock rose 1.36%. Advisory Services Network LLC increased its stake in NXP Semiconductors by 5.5% in the 2nd quarter. Therefore 78% are positive. The stock has "Hold" rating by Oppenheimer on Wednesday, February 7. The third largest holder is Elliott Associates, L.P., which now holds $1.95 billion worth of this stock and that ownership represents almost 4.54% of its market capitalization.
  • Jeff Bezos shares video of new 10000-year clock project

    Jeff Bezos shares video of new 10000-year clock project

    Economy

    The one-year chamber will feature a model of our solar system, followed by a 10-year, 100-year, 1,000-year, and 10,000-year animations that have yet to be decided. In addition to the planets and the Earth's moon, it includes the interplanetary probes launched during the 20th century. He went on to co-find the Long Now Foundation , a nonprofit, to make his idea a reality.
  • AT&T To Bring 5G To Dallas & Other Cities In 2018

    AT&T To Bring 5G To Dallas & Other Cities In 2018

    Economy

    The company said it will announce the other cities in coming months. Austin is one of 23 US cities where AT&T has been testing its 5G Evolution network, which is known as a faster version of the 4G networks but not a full 5G service . Additional spectrum bands will be utilized for 5G later on. Both hardware makers and wireless carriers need to closely time launching 5G devices and networks so the return on investment is maximized.
  • Thai Court Says Japanese Tycoon Can Raise His 13 Surrogate Children

    Thai Court Says Japanese Tycoon Can Raise His 13 Surrogate Children

    Economy

    Shigeta, reportedly the son of a Japanese IT tycoon, left the country in the wake of the scandal and has never directly explained why he fathered so many children. His Bangkok apartment was raided and the police found nine surrogate babies, nannies and a pregnant surrogate mother. Surrogate babies were fathered by a Japanese businessman who has fled from Thailand are shown on a screen during a news conference at the headquarters of the Royal Thai Police in Bangkok August 12, 2014.
  • UK's farming to thrive outside EU

    UK's farming to thrive outside EU

    Economy

    The government will continue to guarantee the same levels of subsidy funding for farming until 2022, he explained, but will seek to progressively transfer money away from the Basic Payment Scheme (BPS) towards rewarding farmers for providing services for public good, such as green protections, "as soon as we can after leaving the EU".
  • Amazon Rewards Prime Members Who Shop At Whole Foods

    Amazon Rewards Prime Members Who Shop At Whole Foods

    Economy

    Amazon acquired the high-end grocery chain in August and has found numerous ways to bring Amazon convenience to Whole Food shoppers, including installing lockers in stores. But for those cardholders who regularly shop Whole Foods regardless, the perk will likely be welcomed. It seems one group who aren't pleased about Amazon's takeover is the Whole Food employees themselves.
  • Chinese New Year: Year of Dog gets under way in Sydney

    Chinese New Year: Year of Dog gets under way in Sydney

    Economy

    Chinese around the world celebrated the arrival of the Year of the Dog on Friday with family reunions, firecrackers and traditional food. Those born into the Year of the Dog are defined by their loyalty to friends, family and responsibility, as well as their honest and just nature.
  • Over 50% tariffs on steel recommended to Trump

    Over 50% tariffs on steel recommended to Trump

    Economy

    Both companies reversed gains after Commerce Secretary Wilbur Ross proposed a 24 percent global tariff on steel shipments coming into the US and a 7.7 percent duty on aluminum imports. "Adopting any of these recommendations would create uncertainty of supply for all users, limit growth, and put aluminum products like cansheet at risk".
  • FCC wants to know if changes Pai pushed aided Sinclair-Tribune merger

    FCC wants to know if changes Pai pushed aided Sinclair-Tribune merger

    Economy

    The Senate has confirmed Pai, President Donald Trump's nominee to serve as chairman of the Federal Communications Commission, despite Democratic complaints that he will undermine net neutrality. Gonzalez. FCC spokespeople were not available to comment on the status of that investigation or what the threshold for investigating a complaint is, though the FCC web site outlines the factors the IG considers in agreeing to investigate .
  • US Fed: Wells Fargo must halt expansion after 'pervasive misconduct'

    US Fed: Wells Fargo must halt expansion after 'pervasive misconduct'

    Economy

    The stock decreased 2.55% or $4.91 during the last trading session, reaching $187.31. About 5.46M shares traded or 23.19% up from the average. Almost Family, Inc. Moreover, Advisors Asset Management has 0.02% invested in YPF Sociedad Anonima (NYSE:YPF) for 54,458 shares. Aureus Asset Ltd Limited Liability Company has invested 0.05% in Wells Fargo & Company (NYSE:WFC).
  • Passenger climbs into x ray machine at Chinese train station

    Passenger climbs into x ray machine at Chinese train station

    Economy

    The woman's freaky actions startled security officers at the Dongguan Railway Station in China's southern Guangdong province on Sunday (Feb 11), according to Chinese media. Hordes of passengers wait to board trains at Shanghai's Hongqiao Railway Station as the annual Spring Festival travel rush begins ahead of the Chinese Lunar New Year in Shanghai February 12, 2018.
  • Southwest Resumes Flights at Chicago Midway After Running Out of De-icing Fluid

    Southwest Resumes Flights at Chicago Midway After Running Out of De-icing Fluid

    Economy

    The incident was first reported around 7:30 p.m. A few minor injuries were reported, but none requiring a hospital transport. A departure board shows cancellation flights of Southwest Airlines at Chicago Midway International Airport in Chicago after a winter storm moving across the Great Lakes forced the cancellation of hundreds of flights on February 11, 2018.
  • Industrial output expands by 7.1% in Dec

    Industrial output expands by 7.1% in Dec

    Economy

    Roll back a month and the rate of United Kingdom inflation hit a six-month high of 3.1% in November. "There is so much noise by the policymakers in the market that, ok, perhaps the United Kingdom is ready for another interest rate hike -by no means is the United Kingdom economy ready for another interest rate hike", Aleem said.
  • Noteworthy Stocks to Watch For: NVIDIA Corporation (NVDA), Kinder Morgan, Inc. (KMI)

    Noteworthy Stocks to Watch For: NVIDIA Corporation (NVDA), Kinder Morgan, Inc. (KMI)

    Economy

    The stock of NVIDIA Corporation (NASDAQ: NVDA ) earned "Underperform" rating by CLSA on Friday, February 3. It has outperformed by 195.58% the S&P500. Panagora Asset Inc owns 0.12% invested in NVIDIA Corporation (NASDAQ: NVDA ) for 165,145 shares. 615 are held by Pittenger And Anderson. NVDA's institutional ownership was registered as 65.60%, while insider ownership was 0.50%.
  • Dow Jones industrials plunge 1000 points, bringing the index down 10 percent

    Dow Jones industrials plunge 1000 points, bringing the index down 10 percent

    Economy

    Shares were lower in all Asian markets after Wall Street officially began its first correction in two years, though losses were moderate with no sign of panic selling. In Toronto, the S&P/TSX composite index was down 31.08 points or 0.21 per cent to 15,034.53, after losing almost 280 points and gaining more than 45 points throughout the day.
  • Killed, Nearly 50 Injured in Hong Kong Bus Crash

    Killed, Nearly 50 Injured in Hong Kong Bus Crash

    Economy

    I am also an editor for Turning Point News and a foreign correspondent for Snip.And in case you were wondering, it's supposed to be pronounced "Wit-2". An executive surnamed So, with The Kowloon Motor Bus Co that operated the bus, said $HK80,000 ($13,094) in financial assistance would be paid to the families of each victim.
  • Amazon May Deliver Gut Punch To UPS, FedEx

    Amazon May Deliver Gut Punch To UPS, FedEx

    Economy

    Stifel Nicolaus upped their price target on shares of FedEx Corporation from $194.00 to $216.00 and gave the company a "hold" rating in a report on Monday, June 12th. Postal Service. It will eventually roll out to more businesses and other cities. SWA will see drivers picking up shipments from warehouses and businesses and delivering the packages when it is able, according to WSJ sources.
  • Canada sheds jobs, employment up in PA

    Canada sheds jobs, employment up in PA

    Economy

    The National Capital Region continued to lower its unemployment rate in January, adding 4,600 jobs in the first month of the year according to data released Friday by Statistics Canada. Nationally, the survey revealed that the number of paid employee positions also experienced a significant loss last month by shedding 112,000 positions.
  • Acadia Realty Trust (NYSE:AKR) Q3 2017 Institutional Investor Sentiment Steady

    Acadia Realty Trust (NYSE:AKR) Q3 2017 Institutional Investor Sentiment Steady

    Economy

    The stock decreased 0.85% or $0.13 during the last trading session, reaching $15.22. (NYSE: QTS ) has declined 0.63% since February 8, 2017 and is downtrending. The company was maintained on Tuesday, August 11 by Canaccord Genuity. Digital Realty Trust Inc. now has $22.31B valuation. (NYSE:DLR) on Friday, December 2 with "Neutral" rating.
  • ESPN Plus streaming service announced for Apple devices

    ESPN Plus streaming service announced for Apple devices

    Economy

    Analysts on average had expected revenue of $15.46 billion. For the full year, consensus estimates call for EPS of $6.54 and revenues of $58.58 billion. Both streaming direct-to-consumer products will be powered by BAMTech . It will enable access to live streams of all ESPN's networks providing consumers or subscribers to multi-channel packages.
  • US Charges Dozens In Massive Cyberidentity Fraud Scheme

    US Charges Dozens In Massive Cyberidentity Fraud Scheme

    Economy

    The US Justice Department named the Australian man as 27-year-old Edgar Rojas aka Edgar Andres Viloria Rojas, aka Guapo, aka Guapo1988, aka Onlyshop. Five members of the group, known as the Infraud Organization, were arrested in the U.S.
  • Cryptocurrency market loses over half a trillion dollars this year

    Cryptocurrency market loses over half a trillion dollars this year

    Economy

    It joined USA banking giants JPMorgan Chase & Co and Citigroup , which announced similar bans on concerns the lenders could be held liable when the volatile currencies plunge in value. Last week's hack of Coindesk in which an estimated half-a-billion dollars' worth of Bitcoins were stolen is just one of many heists in the past, and a trend which is likely to continue moving forward.