British pound gains a little ground on positive United Kingdom services PMI rise

Jobs growth quickened to the fastest since September and stronger than the series trend. Markit's final composite Purchasing Managers' Index (PMI), which tracks the activity in manufacturing and services that together account for more than two-th... More..

by | Published more than a month ago
Kenya Airways CEO sees 10 percent revenue bump from direct U.S. flights
by | Saturday, January 13, 2018

Kenya Airways CEO sees 10 percent revenue bump from direct U.S. flights

On Thursday, Kenya Airways CEO Sebastian Mikosz said the direct flights from Kenya to the USA will also create indirect jobs for its suppliers. The carrier, which is 7.8 percent owned by Air France KLM (AIR...More..

Uber Ripley Program: Company Shut Down Computers To Block Law Enforcement Access
by | Saturday, January 13, 2018

Uber Ripley Program: Company Shut Down Computers To Block Law Enforcement Access

While many companies shut down computers during police raids to give managers time to read police warrants, Uber's system differed in that it was used at least a dozen times, according to Bloomberg's source...More..

Gas prices could soon reach $3 a gallon
by | Saturday, January 13, 2018

Gas prices could soon reach $3 a gallon

The average price would be the highest since 2014's $3.34. The month of January will see the lowest prices at an average $1.13 per litre, while September will average $1.24 per litre, making it the priciest m...More..

Snow in Florida: Tallahassee sees first significant snow since 1989
by | Saturday, January 13, 2018

Snow in Florida: Tallahassee sees first significant snow since 1989

The last time a wintry blast hit Tallahassee with any measurable snowfall was December 22-23, 1989, when an inch fell. Officials in Tallahassee have reported seeing white snowflakes falling in the panhand...More..

Fieldbrook Foods recalls of Orange Cream Bars
by | Friday, January 12, 2018

Fieldbrook Foods recalls of Orange Cream Bars

Listeria monocytogenes , a "common organism found in nature", according to the release, could cause listeriosis if consumed in food. The recalled Purple Cow Orange Cream Bars, which come in a 12-ct retail box...More..

Based MoneyGram tests digital currency money-transfer with startup Ripple
by | Friday, January 12, 2018

Based MoneyGram tests digital currency money-transfer with startup Ripple

Shares of Moneygram International (NYSE: MGI ) skyrocket after the company says it will test partnering with cryptocurrency Ripple on payments. During the pilot, MoneyGram will utilize XRP , the native d...More..

A Woman Actually, Successfully Returned Her Dead Christmas Tree
by | Friday, January 12, 2018

A Woman Actually, Successfully Returned Her Dead Christmas Tree

The unimpressed shopper behind her took a photo of her with the large (and yes, dead) tree next to her in the queue at Costco. It is not sure whether the original post was deleted by the user. Costco is kno...More..

New York City Is Suing Major Oil Companies Over Climate Change
by | Friday, January 12, 2018

New York City Is Suing Major Oil Companies Over Climate Change

New York Governor Andrew Cuomo previously has said he planned to halt future fossil fuel investments in the state's public employee pension fund. The New York City government is attempting to shift the c...More..

Fresh food drives record Christmas at Tesco
by | Friday, January 12, 2018

Fresh food drives record Christmas at Tesco

Marks and Spencer Group Plc (M&S) for the 13 weeks to December 30, 2017 reported 0.1 percent decline in group revenue to 3,167 million pounds (4,272 million dollars). The retailer hailed a "strong" third-quart...More..

Walmart closing more than 60 Sam's Club stores
by | Friday, January 12, 2018

Walmart closing more than 60 Sam's Club stores

According to the company, all of these wage and benefit changes will positively affect its 1 million-plus USA hourly associates. The retailer also said it was expanding maternity and parental-leave benefits...More..

Dollar up vs yen as concerns ease over China US bond stance
by | Thursday, January 11, 2018

Dollar up vs yen as concerns ease over China US bond stance

China is diversifying its foreign exchange reserves in order to safeguard their value, the country's currency regulator said on Thursday, while dismissing a media report the government is halting or reducing ...More..

South Korea announces Bitcoin ban plan
by | Thursday, January 11, 2018

South Korea announces Bitcoin ban plan

Just as my story about the Chinese government and authorities putting their boot down onto cryptocurrency miners in China , the South Korean justice minister said he's preparing a bill a ban on cryptocurrenc...More..

Buffett's Berkshire Hathaway Furthers Succession Plan
by | Thursday, January 11, 2018

Buffett's Berkshire Hathaway Furthers Succession Plan

Buffett and Charles Munger, Vice Chairman of Berkshire Hathaway will continue in their existing positions. Buffett said the move isn't due to any looming concerns , saying he's in "remarkably good health". "...More..

Zuma surprises SA, announces state capture commission
by | Thursday, January 11, 2018

Zuma surprises SA, announces state capture commission

Zuma said Deputy Chief Justice Raymond Zondo - who was selected by Mogoeng - would lead the commission. This decision was made pursuant to the investigation and remedial action recommended by former Public ...More..

Lena Dunham and Jack Antonoff Break Up
by | Wednesday, January 10, 2018

Lena Dunham and Jack Antonoff Break Up

And, according to Thompson, her participation in Time's Up planning was limited to the photo op: "Lena was not anywhere present in our group during the countless hours of work for the last two months ". "To ...More..

New York Assemblywoman Indicted On 11 Counts of Fraud, Witness Tampering
by | Wednesday, January 10, 2018

New York Assemblywoman Indicted On 11 Counts of Fraud, Witness Tampering

Federal prosecutors in Brooklyn announced an 11-count indictment against a Brooklyn assemblywoman on Tuesday, alleging a raft of fraud, witness tampering and other charges , just the latest allegation of corru...More..

Kodak Launches Cryptocurrency, Stock Soars
by | Wednesday, January 10, 2018

Kodak Launches Cryptocurrency, Stock Soars

Share value in Kodak popped on the news, climbing almost 120 percent to $6.80 as of writing. Kodak was a Dow Jones Industrials . DJI component until April 2004, and its stock has slumped 90 percent since it em...More..

Amazon Founder, WashPo Owner Jeff Bezos the Richest Man in History
by | Wednesday, January 10, 2018

Amazon Founder, WashPo Owner Jeff Bezos the Richest Man in History

Amazon has delivered a big prize to its CEO Jeff Bezos , who is now the richest person on Earth. Jeff Bezos, the newly minted richest man in the world, is now the wealthiest person of all-time after his for...More..

Labor Dept.: December jobs lower than expected at 148000
by | Tuesday, January 09, 2018

Labor Dept.: December jobs lower than expected at 148000

The number of unemployed people, at 6.6 million, was essentially unchanged over the month. Through a year ago, the black unemployment rate rose to 8 percent in March and fell back to 7 percent in September ...More..

GoPro's plunging stock made short sellers $45 million in a single day
by | Tuesday, January 09, 2018

GoPro's plunging stock made short sellers $45 million in a single day

Woodman will reduce his 2018 cash compensation to US$1, the company said. Shares of GoPro plunged by about 25 per cent on Monday (Jan 8) after it announced it was slashing its workforce and exiting the dron...More..

by | Tuesday, January 09, 2018

Ford F-150 Won't Leave Diesel Fans Stranded

For those looking for towing capacity and fuel economy in their full-size pickup , Ford Motor Co. announced a sixth engine option for the 2018 F-150: a 3.0L V6 Power Stroke turbo diesel. That makes sure the F-...More..

Google Sued for Anti-Conservative Bias by Fired Engineer
by | Tuesday, January 09, 2018

Google Sued for Anti-Conservative Bias by Fired Engineer

The lawsuit follows a complaint that Damore filed with the National Labor Relations Board in August on the basis that Google was "misrepresenting and shaming me in order to silence my complaints". Google te...More..

Nvidia launches Xavier Drive at CES 2018
by | Monday, January 08, 2018

Nvidia launches Xavier Drive at CES 2018

CONTROVERSIAL CAB COMPANY Uber will utilise Nvidia technology in its fleet of self-driving vehicles, the two firms announced at CES . "The future of transportation will be transformed by mobility services. ...More..

GDP growth estimated at 6.5%
by | Monday, January 08, 2018

GDP growth estimated at 6.5%

A string of data released this week also points to an ongoing economic recovery after economic growth had slowed down to a three-year low in the April-June quarter, on the back of destocking ahead of GST (Goods...More..

Chaos at JFK airport with flood, storm backlog
by | Monday, January 08, 2018

Chaos at JFK airport with flood, storm backlog

Because of a snowstorm that slammed the NY metropolitan area Thursday, many passengers at JFK and LaGuardia airports remain stranded from canceled or delayed flights. "It's getting like a madhouse", traveler St...More..

Oil Price Rises Above $68, Highest Since 2015
by | Monday, January 08, 2018

Oil Price Rises Above $68, Highest Since 2015

That was 61 cents, or 1 percent, below their last close. Oil hit its highest since May 2015 this week, supported by falling inventories, strong demand and high Opec compliance. Net U.S. crude imports fell l...More..

Zuckerberg to Study Crypto in Quest to Fix Facebook
by | Sunday, January 07, 2018

Zuckerberg to Study Crypto in Quest to Fix Facebook

Zuckerberg seemed to make reference to these critiques in his New Year's announcement, promising to focus, as he put it, on "making sure that time spent on Facebook is time well spent."This will be a serious ...More..

Hunt Resumes for Malaysia Airlines Flight 370 Wreckage
by | Sunday, January 07, 2018

Hunt Resumes for Malaysia Airlines Flight 370 Wreckage

The vessel is carrying several autonomous submarines which can be launched from the ship to scour the seabed for the jet. The U.S. company, Ocean Infinity, said earlier this week that it was "hopeful of recei...More..

Timeline leading up to Terry Miles' arrest in Colorado
by | Sunday, January 07, 2018

Timeline leading up to Terry Miles' arrest in Colorado

Round Rock police chief Allen Banks said the girls were located after a deputy in Las Animas County spotted Miles' gray 2007 Hyundai Accent after it had been described in the AMBER alert. Authorities in Colorad...More..