Sunday February 19-th, 2017

Note ban hits January services growth

The services industry, which accounts for almost 80% of United Kingdom economic growth, saw activity decelerate for the first time in four months, while growth in new business and employment began to tail off. However, the rate of job creation slowed...

Snap is paying Google $400M a year for cloud services

However, Snap incurred a net loss of $514.6 million for the year ended December 31, 2016, as compared to a net loss of $372.9 million for the year ended December 31, 2015. And look, there's no doubt that the future Mr. Miranda Kerr, CEO Evan Spiege...

New F-35 Contract Shows Exactly How Much Trump Saved Taxpayers New F-35 Contract Shows Exactly How Much Trump Saved Taxpayers

Lockheed Martin said it has reached a deal with the Pentagon on a contract for the next 90 F-35 fighter jets that cuts costs by $728 million and lays the groundwork to add 1,800 jobs in Fort Worth. The contract is "a good and fair deal for the taxpay...

Growth in global oil, coal demand could stop from 2020 Growth in global oil, coal demand could stop from 2020

In EVs, the Grantham Institute/Carbon Tracker team says these will come to account for a third of all vehicles on the road in 2035 and more than half by 2040. The price of solar photovolatics have fallen 85 percent in the last seven years, giving it ...

After 12 Years, Riccardo Tisci Parts Ways With Givenchy

LVMH said in a statement that the new creative organisation of Givenchy will be communicated at a later date. In a statement, Bernard Arnault, chairman and chief executive officer of LVMH Moët Hennessy Louis Vuitton, Givenchy's parent, lauded T...

CBS Radio, Entercom Merge To Remain Competitive CBS Radio, Entercom Merge To Remain Competitive

After a relatively quiet period in the second half of 2016, the radio merger and acquisition scene is rumbling back to life with the merger between CBS Radio and Entercom . Entercom is the largest radio provider in the Upstate with seven radio stati...

Trump can't take credit for Friday's jobs report

The unemployment rate - a statistic that Trump frequently maligned on the campaign trail - ticked up to 4.8 percent mostly because more people entered the labor force, a sign of confidence in the economy. Average hourly earnings in construction w...

Uber says it believes in the legality of its shared services Uber says it believes in the legality of its shared services

Representations were submitted to the Union Ministry of Road Transport and Highways, which subsequently asked the states to check the local laws if the service was legal or not. "The law permits a contract carriage permit-holder to stop to pick up ...

Saks parent company in talks with Macy's

Macy's and Hudson Bay declined to comment. Last January, Starboard reiterated its case and said Macy's could structure a joint venture, similar to the one Hudson's Bay struck with Saks Fifth Avenue's flagship Manhattan property - by partnering...

Euro jumps after "grossly undervalued" comment from Trump advisor

Mr. Navarro's comments appear to reflect a deep antipathy on the part of the Trump administration to multilateral trade deals and institutions, an attitude that has unsettled USA allies in Europe and around the globe in recent weeks. Meanwhile, net i...

Snapchat Parent Files Publicly for $3 Billion U.S. IPO

Its net loss swelled to $514.64 million vs. $372.89 million. If eMarketer's prediction prove accurate, an IPO that values the company at $25 billion would be almost 25 times its projected revenue numbers. Snapchat's success has forced larger tech se...

Facebook's Q4 Earnings Beat Driven By Strong Mobile Performance

Revenue of US$8.81 billion not only exceeded analysts' estimates, but rose 51 per cent on a year-over-year basis, as advertising revenue grew an impressive 54 per cent. Indicating that Facebook has successfully completed its shift to mobile. A...

Because of Cleavage, Woman Was Kicked Off a Spirit Airlines Plane Because of Cleavage, Woman Was Kicked Off a Spirit Airlines Plane

According to Spirit, the young woman was ejected because she was intoxicated and disturbing other passengers - though Berry admitted that the flight crew commented on her cleavage, too. A South Florida woman claims that Spirit Airlines, home of the ...

Uber suspends service in Taiwan as fines mount

At the heart of this dispute is the ongoing debate whether or not Uber should be licensed as a transportation company, and subject to the same regulations that govern taxi companies. It is understandable that the transportation ministry must enforce ...

Azerbaijan presented OPEC with January oil output data Azerbaijan presented OPEC with January oil output data

Crude oil futures rose Thursday morning, adding to weekly gains amid signs that OPEC is complying with supply quotas. WTI was $2.89/bbl cheaper than European benchmark Brent crude on January 31, the widest discount since December 2015. Anthony Starke...

China's manufacturing data better than expected China's manufacturing data better than expected

Britain's construction industry grew last month at the weakest rate since August against a backdrop of rocketing costs linked to the Brexit vote, but builders were more upbeat about the year ahead, an industry survey showed on Thursday. Firms barely ...

GoPro fixed its Karma drone and it's headed back to stores GoPro fixed its Karma drone and it's headed back to stores

The company reported $540 million in fourth quarter revenue with a net income loss of $.082 a share. The past several months have been especially hard on GoPro . (GPRO) managed to surpass quarterly earnings per share estimates in 5 of the trailing...

UBS Just Issued UBS Just Issued " Buy" Rating on Marathon Petroleum Corp (MPC)

Equities analysts forecast that Marathon Petroleum Corporation will post $1.96 earnings per share for the current year. The stock now shows the Market Capitalization of 1.57 Billion. Marathon Oil Corporation (NYSE:MRO) belongs to Oils-Energy sector...

Facebook's mobile ad dollars help fuel growth in fourth quarter

Analysts on average had expected a profit of $1.31 per share on revenue of $8.51 billion, according to Thomson Reuters I/B/E/S. The number of daily active users grew by 18 percent year over year to reach 1.23 billion, up from 1.18 billion last ...

Sam Morgan supports Peter Thiel's New Zealand citizenship

Thiel states that being a New Zealand citizen would enable him to represent the country on the worldwide stage and give him greater confidence in mobilizing New Zealand's talented entrepreneurs", the application states. Mr Guy declined to comment. F...

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