Markets

Discovery leaving Silver Spring for NY

Discovery opened its headquarters off Georgia Avenue at Colesville Road in 2003, sparking economic development in downtown Silver Spring. "We have therefore made the hard decision to reduce our footprint in Maryland over time, with the ultimate closure and sale of our One Discovery Place headquarters building in Silver Spring expected in 2019", Zaslav said in the memo. [Full Article...]

Starbucks unveils first new core espresso in more than 40 years

Starbucks unveils first new core espresso in more than 40 years Now you'll have the option of choosing your espresso for the first time based on what you like: dark or light roast. Starbucks has worked hard to define itself as a go-to premium coffee destination, especially with its newer Roastery and Reserve Bar locations. [Full Article...]

GeekWire: Jeff Bezos declared richest person in history

GeekWire: Jeff Bezos declared richest person in history Amazon founder Jeff Bezos worth is now more than that of Microsoft CEO Bill Gates. Forbes , the other major tracker of the net worth of the world's richest, put Bezos' net worth at a mere $104.4 billion. Bezos came under fire previous year when The New York Times questioned his level of philanthropic giving. But Forbes reports that Gates' net worth crossed above $100 billion briefly back... [Full Article...]

JP Morgan CEO Dimon softens tone on bitcoin

JP Morgan CEO Dimon softens tone on bitcoin He added that he is "not interested in the subject at all", despite the fact he has consistently made public comments about bitcoin. "You're going to see companies doing things in the short run like increasing wages and a bunch of stuff like that, or one-time bonuses", Dimon told FOX Business' Maria Bartiromo on "Mornings with Maria". [Full Article...]

Dividend Spotlight on Summit Midstream Partners, LP (NYSE:SMLP)

Ladder Capital Corp now has $1.50 billion valuation. The stock decreased 0.83% or $0.46 during the last trading session, reaching $55.17. About 1.31 million shares traded or 8.60% up from the average. RBC Capital Markets maintained the shares of BK in report on Wednesday, August 30 with "Hold" rating. The rating was initiated by FBR Capital on Friday, September 9 with "Outperform". [Full Article...]

South Korea banks open cryptocurrency accounts

South Korea banks open cryptocurrency accounts The spokesperson added that the bank was filling out a checklist for the inspection. Following the news , a leading cryptocurrency market data provider, CoinMarketCap, removed some Korean exchanges from its price calculations, without any warning, causing a sharp slide in prices of digital coins it tracks. [Full Article...]

Allegiant to add two new destinations

Allegiant to add two new destinations Both routes are new destinations that are not now served by another airline, and brings the airport's total nonstop destination count to an all-time high of 51. Airport officials made the announcement Tuesday morning that Allegiant Air will service two flights per week from Indianapolis , Pittsburgh and Cincinnati with fares as low as $48 one-way. [Full Article...]

USA Value Factor Ishares ETF (VLUE)

USA Value Factor Ishares ETF (VLUE) Ishares MSCI EAFE Index ETF (XIN.TO) now has a 14-day Commodity Channel Index (CCI) of 176.15. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. Some investors may find the Williams Percent Range or Williams %R as a helpful technical indicator. The RSI oscillates on a scale from 0 to 100. Used as a coincident indicator, the CCI reading above +100 would refl... [Full Article...]

John Young, ninth man to walk on the moon, dies

In 1981, John Young commanded the very first Space Shuttle orbital mission, STS-1. On the Apollo 16 mission, Young landed the "Orion" lunar module on the moon in April 1972 with Charles Duke for almost three days as Thomas "Ken" Mattingly piloted the command craft. [Full Article...]

India rejects USA claim on solar policy at World Trade Organization

India rejects USA claim on solar policy at World Trade Organization Websol Energy System Ltd is now trading at Rs164.05, up by Rs13.55 or 9% from its previous closing of Rs150.5 on the BSE. Also, of the 8.3 GW of solar module manufacturing facilities, 3.8 GW are situated in SEZs. The United States moved the WTO in 2013 alleging that USA solar exports to India fell by 90 per cent as India discriminated through mandatory local purchase requirements, which the WTO a... [Full Article...]

Tesco Posts Fastest Sales Growth Since June: Kantar Worldpanel

Tesco Posts Fastest Sales Growth Since June: Kantar Worldpanel According to Nielsen, Tesco recorded the largest sales of the big four United Kingdom supermarkets in their busiest period of the year and had the most improved performance over the final 12 weeks of 2017. Tesco sales rose by 3.1% although its market share narrowly fell, by 0.2%, to 28%. Asda's sales increased by 2.2 per cent, while Morrisons posted a 2.1 per cent hike in sales, which it has... [Full Article...]

Vtech settles FTC lawsuit over children's data privacy

Vtech settles FTC lawsuit over children's data privacy The FTC has received complaints about similar problems with other companies but is barred from discussing ongoing investigations, he said. This included about 638,000 Kid Connect accounts for children. Personal information of children - including email addresses, names and gender - were stolen during the breach. As of November 2015, approximately 485,000 US consumers had created Kid Connect ac... [Full Article...]

Market Capitalization of 'Parody' Cryptocurrency Dogecoin Breaks $1B Barrier

Market Capitalization of 'Parody' Cryptocurrency Dogecoin Breaks $1B Barrier At the time of posting, data from CoinMarketCap is showing its market capitalization at $1,726,011,778 United States dollars. A screengrab from the dogecoin.com website. The total value of cryptocurrencies is over $750 billion, according to CoinMarketCap , and bitcoin dominates around 34 percent of that market. Dave Chapman , managing director at digital assets trading house Octagon Strate... [Full Article...]

Jet sacks pilots involved in mid-air brawl

Jet sacks pilots involved in mid-air brawl Its chief BS Bhullar had ordered an internal investigation and termed the incident as a "serious issue", The Financial Express reported. The money was being used for purchasing gold overseas. It was wrapped in foil paper, which the airport scanner was not able to detect easily, local media reports said. A Jet Airways spokesperson confirmed the incident. [Full Article...]

USA: Hyundai to launch next-gen electric vehicle at CES 2018

USA: Hyundai to launch next-gen electric vehicle at CES 2018 Nexo also has a new Lane Following Assist system and Highway Driving Assist; both features meant to automate some of the driving process with this fuel cell vehicle . Jerome Gregeois, senior manager for eco powertrains at Hyundai America Technical Center, says the new fuel-cell crossover is ready to run in just 30 seconds in -22-degree conditions, where the Tucson needed 90 seconds to fully wa... [Full Article...]

Scramble for white Creme Egg worth £2000

Scramble for white Creme Egg worth £2000 There are only between 350 to 400 of the white chocolate goodies on sale - and they will be hidden in normal Creme Egg wrappers. The eggs are the same as the original version with a gooey fondant yolk centre, except the shell is made out of white chocolate. [Full Article...]

Morrisons enjoys barnstorming Christmas as wholesale rolls out

Morrisons enjoys barnstorming Christmas as wholesale rolls out Like-for-like sales including sales of fuel were up 3% and total sales - with includes stores opened within the previous year - rose 2.6%. Morrisons enjoyed the fruits of its turnaround strategy over Christmas with "another period of positive like-for-like sales". [Full Article...]

Have You Patched Flaws in Your Microprocessor Chips — New Business Risk

Have You Patched Flaws in Your Microprocessor Chips — New Business Risk Its technological reach means that both Meltdown and Spectre could affect just about anyone who uses the internet. Meltdown is specific to Intel chips and a fix is available, while Spectre affects nearly all modern processors and is far more complicated. [Full Article...]

Old Monk kingpin, Kapil Mohan passes away

Old Monk kingpin, Kapil Mohan passes away He was 88 and died of a cardiac arrest in Ghaziabad's Mohan Nagar area, as per media reports . He, as the managing director of Mohan Meakin , once said , "We do not advertise". Mohan Meakin has spread itself into various businesses including malt houses, breakfast food, fruit products and juices. It was also the biggest Indian Made Foreign Liquor brand. [Full Article...]

Man dies after picking up suspected grenade

Man dies after picking up suspected grenade Mr Olsson said police were scanning and sweeping outside and inside the subway station to make sure no additional explosive devices were there. "The man was seriously hurt injured after he picked up something from the ground and this device exploded", Sven-Erik Olsson, a spokesman for Stockholm police, said, according to the Independent . [Full Article...]


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