Markets

Brookfield buying nuclear icon Westinghouse for $4.6B

Brookfield buying nuclear icon Westinghouse for $4.6B Now Westinghouse has been sold for $4.6 billion to provate equity fund Brookfield Businees Partners. Brookfield Business Partners was an investor in the bankrupt power producer that emerged from Chapter 11 and became Vistra Energy Corp . [Full Article...]

US Economy Adds 148000 Jobs in December, Unemployment Remains at Record Low

US Economy Adds 148000 Jobs in December, Unemployment Remains at Record Low The biggest gains in employment for P.E.I. year-over-year were in the goods-producing sector, namely in construction, agriculture and manufacturing. Overall, Statscan said the number or people employed grew by 2,800 and the London area population was up by 6,100. [Full Article...]

Copper & Kings sells minority stake to Constellation Brands

Copper & Kings sells minority stake to Constellation Brands The hedge fund run by Thomas Bancroft held 297,620 shares of the capital goods company at the end of 2017Q3, valued at $47.05M, down from 299,525 at the end of the previous reported quarter. (NYSE: STZ ) for 7,307 shares. Royal Bank of Canada restated a "buy" rating and set a $226.00 target price on shares of Constellation Brands in a research report on Sunday, November 12th. [Full Article...]

Largest Known Prime Number Discovered

Largest Known Prime Number Discovered While smaller primes find uses in encryption and other applications, longer ones are more for show, with the new record-holder described as a "museum piece" by Professor Caldwell. The number was subsequently verified by four different methods on five different sets of hardware, with operators Aaron Blosser, David Stanfill, Andreas Höglund and Ernst Mayer taking secondary credit for the find. [Full Article...]

GST impact to slowdown India's 2017-18 GDP growth to 6.5%

GST impact to slowdown India's 2017-18 GDP growth to 6.5% Recent structural reforms will lead to brighter growth prospects beyond 2020. The nominal GDP , or gross domestic product at market prices, is expected to grow at 9.5% against 11.75% assumed in the 2017-18 budget presented previous year. [Full Article...]

People Are Stockpiling IRN-BRU As The Sugar Tax Looms

People Are Stockpiling IRN-BRU As The Sugar Tax Looms A staple of early morning school bus journeys and Saturday morning hangovers, Irn Bru has played a key role in British history since its introduction in 1901. One customer in Morrisons in Bathgate, West Lothian, piled his trolley with a whopping multi-packs of the soft drink. Instead it has chose to reduce the sugar level in Irn-Bru to below the amount that incurs the tax. [Full Article...]

World's largest airplane diverted from JFK during storm

World's largest airplane diverted from JFK during storm Because of the network nature of airline travel, large disruptions in heavily trafficked areas cause ripple effects of delays and cancellations around the country and even globally as aircraft and flight crews get delayed, stranded, re-routed, or canceled. [Full Article...]

Urbandale Kmart to close, along with another Iowa Kmart and a Sears

Urbandale Kmart to close, along with another Iowa Kmart and a Sears Liquidation sales at affected locations will begin as early as January 12. It includes two Kmart stores in Cumberland and Dauphin counties and a Sears store in York County. Customers can use the store locator function on our web sites to find the location of their nearest Kmart and Sears stores. A Sears Holdings spokesman did not detail how many employees would be impacted. [Full Article...]

Mira Sorvino's dad threatens to kill Harvey Weinstein

Mira Sorvino's dad threatens to kill Harvey Weinstein And I will kill the motherf-er. Mr Sorvino said he didn't know about Weinstein's alleged sexual harassment of his daughter, nor the subsequent alleged black-listing of her when she fought back. Last fall, Mira Sorvino claimed in an interview with The New Yorker's Ronan Farrow that Weinstein behaved inappropriately with her in the 1990s. [Full Article...]

LG's new robots to serve passengers at airports and malls

LG's new robots to serve passengers at airports and malls On Thursday, LG announced via its online newsroom that it is pushing the envelope this year by unveiling three more work robots at the Consumer Electronics Show (CES). "As an important part of our future growth engine, LG is committed to expanding its portfolio of robots that can deliver real convenience and innovation in our customers' lives", stated Ryu Hye-jung, head of the smart solution bus... [Full Article...]

Roku Entertainment System Aims To Take Over Home Audio

Roku Entertainment System Aims To Take Over Home Audio Roku's now joining the fray with an assistant that's specifically targeted at home entertainment, something the company said will help consumers simplify their theatre connectivity. The first Roku Connect device is being made by TCL, the same company that made the Roku TV that was released a year ago. Roku is a top dog in the streaming video world. [Full Article...]

History Taught Us Not to Blindly Trust US: Pakistan FM

History Taught Us Not to Blindly Trust US: Pakistan FM After a three-hour meeting of senior government and military officials, Pakistan expressed "deep disappointment" in Mr Trump's comments and stressed its sacrifices and commitment to the war on terror. A larger security-related payment was $14.5 billion paid to Pakistan from Coalition Support Funds (CSF), which the CRS paper argued , was not assistance but reimbursement for logistical and oper... [Full Article...]

Weak consumer confidence hits United Kingdom vehicle sales

Weak consumer confidence hits United Kingdom vehicle sales However, diesel sales fell a massive 17% as higher taxation and pollution fears put off buyers. Despite the drop in sales of diesel cars and the rise in average Carbon dioxide levels, the SMMT figures show that new registrations of cars powered by alternative fuels, including petrol and hybrids, grew by 34.8% past year to almost 120,000. [Full Article...]

Ajit Pai reportedly cancelled CES appearance due to death threats

Ajit Pai reportedly cancelled CES appearance due to death threats The Federal Communications Commission chair cancelled after receiving death threats, according to anonymous sources cited by Recode and Axios . In response to Deadline's inquiry about the reasons for Pai's cancellation, FCC spokesman Brian Hart confirmed Pai had pulled out, but said via email, "We don't have anything to share at this time". [Full Article...]

Australia to ease barriers on medical marijuana export

Australia to ease barriers on medical marijuana export Only a small group of nations now allow medicinal marijuana exports, among them Canada , Uruguay , and the Netherlands, with Israel and some others planning to follow suit. and Cann Group, rising over 30%. "We want a robust Australian medicinal cannabis industry so that doctors have safe, quality domestic products that they can confidently prescribe to their patients". [Full Article...]

ASN: 2017 Was Safest Year in Aviation History

ASN: 2017 Was Safest Year in Aviation History It also stressed that other safety risks had arisen in years, such as the rise of fires caused by lithium-ion batteries in electronics such as mobile phone carried on board. Passengers shouldn't be too concerned even if their next flight isn't in the top 20 safest airlines though. Now, if you need to get somewhere but can't afford to spend the money on any flights with these airlines, AirlineR... [Full Article...]

All Mac, iOS devices affected by chip bugs but safe now: Apple

All Mac, iOS devices affected by chip bugs but safe now: Apple Users should only download apps from trusted sources to avoid being made vulnerable, the post said. " All Mac systems and iOS devices are affected, but there are no known exploits impacting customers at this time", the firm said in the statement . [Full Article...]

Dozens of Sears, Kmart stores to close in April

Dozens of Sears, Kmart stores to close in April The Sears at 693 Stillwater Ave.in Bangor, the only store in ME on the list , is scheduled for closure in early April. The 104,000-square-foot Kmart store in the Springs anchored the 126,000-square-foot Fillmore Marketplace, which El Paso County land records show was built in 1969. [Full Article...]

N-Out expands menu with hot cocoa

N-Out expands menu with hot cocoa For that price, customers get an 8-ounce cup of steaming delight. A rep told the San Francisco Chronicle the drink will be a permanent item, although it did not appear on In-N-Out's online menu as of early Thursday. But if you thought In-N-Out was ideal before, buckle up, friends - somehow it got even better. As a burger chain with strong Southern Californian roots, In-N-Out locations ar... [Full Article...]

MPs demand 25p 'latte levy' on cups

MPs demand 25p 'latte levy' on cups All cups should be recycled by 2023 and they should be banned if the target is not met, the MPs recommended in a report. Environmental audit committee chairwoman Mary Creagh said: "The UK throws away 2.5 billion disposable coffee cups every year; enough to circle the planet five and a half times". [Full Article...]


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