Economy

Economy National Hockey League to consider Seattle expansion bid
Author: 0 National Hockey League to consider Seattle expansion bid

But keeping its eyes on Seattle won't prevent the NHL from combating suggestions of other expansion - or relocation - possibilities, especially since other cities have already either openly campaigned for hockey or drawn previous consideration from the league.

Economy Smart luggage was the future, now it's banished to the past
Author: 0 Smart luggage was the future, now it's banished to the past

But some smart luggage doesn't allow the battery to be removed. United and Southwest Airlines also plan to announce new smart bag policies soon. Last year, the FAA noted that their testing of plane fire safety showed that "current cargo fire suppression systems can not effectively control a lithium battery fire".

Economy Take a look inside the world's largest Starbucks
Author: 0 Take a look inside the world's largest Starbucks

This new Shanghai store is almost 30,000 square feet, has over 100 beverages on the menu, and allows customers to participate in the first AR (augmented reality) experience from Starbucks. "We have over 600 stores in Shanghai", Schultz said. The Roastery will have 400 employees who can serve up to 550 people at a time, the company claims.

Economy IATA sees better airline profits in 2018 despite rising costs
Author: 0 IATA sees better airline profits in 2018 despite rising costs

To continue to deliver on our full potential, governments need to raise their game-implementing global standards on security, finding a reasonable level of taxation, delivering smarter regulation and building the cost-efficient infrastructure to accommodate growing demand.

Economy CBOE Announces Bitcoin Futures Trading, Starting Dec. 10
Author: 0 CBOE Announces Bitcoin Futures Trading, Starting Dec. 10

As per the analysts, the main derivatives of United States regulates that it would permit CME Group Inc and CBOE Global Markets to list bitcoin futures contracts, which had turned sentiment positive after a choppy week. But there are a couple of differences between bitcoin futures trading at the two exchanges. They will also be cash-settled, similar to CME's bitcoin futures.

Economy Salil S Parekh appointed CEO and MD of Infosys
Author: 0 Salil S Parekh appointed CEO and MD of Infosys

Parekh will take on the role from January 2, and was a member of Capgemini's group executive board, Infosys said in a filing to the stock exchange on Saturday. "He has a strong track record of executing business turnarounds and managing very successful acquisitions", while announcing the appointment of Parekh.

Economy Flynn pleads guilty to lying to Federal Bureau of Investigation
Author: 0 Flynn pleads guilty to lying to Federal Bureau of Investigation

He has pled guilty to those lies. "I accept your guilty plea", responded Judge Rudolph Contreras, adding: "There will be no trial and there will be probably no appeal". Strzok led the investigation into whether Clinton mishandled classified information on her private email account and then investigated possible links between Trump's campaign and Russian Federation.

Economy Waymo-Uber trial delayed over new evidence
Author: 0 Waymo-Uber trial delayed over new evidence

Jacobs had the letter sent in May to an Uber lawyer. "I had questions about the ethics of it". Over the past year, Uber has been rocked by revelations of rampant sexual harassment inside the company, technological trickery created to thwart regulators and a yearlong cover-up of a hacking attack that stole the personal information of 57 million passengers and 600,000 drivers.

Economy Time Inc Sold to Meredith Corp in Deal Bankrolled by Koch Brothers
Author: 0 Time Inc Sold to Meredith Corp in Deal Bankrolled by Koch Brothers

Meredith is backed by $650 million from Koch Equity Development, the investment arm of Koch Industries. "Meredith said in its press release that the Koch brothers will have no influence on how the company is run or its editorial content: "[Koch Equity Development] will not have a seat on the Meredith Board and will have no influence on Meredith's editorial or managerial operations.

Economy Small Business Saturday promotes local Jackson stores
Author: 0 Small Business Saturday promotes local Jackson stores

Faith Lloyd started making soap when she got out of the Army and she had her son. Viele might be new to the national Small Business Saturday campaign that started in 2010 but her drive to start her small business and help others has been lifelong.

Economy Black Friday Helps Increase Pocket of Amazon Boss to Reach $100 Bln
Author: 0 Black Friday Helps Increase Pocket of Amazon Boss to Reach $100 Bln

On Friday, Amazon founder Jeff Bezos became the only person with a $100bn (£75bn) fortune, seeing his wealth creep up by $2.4bn thanks to a 2% jump in Amazon's shares. By comparison, Bill Gates' current estimated net worth stands at a paltry $86.8 billion (£65.1bn). But Mr Bezos has to date has not given away any of his wealth, but in June he tweeted that he wanted the help people with his fortune and was looking for ideas for how to share it.

Economy Dish, CBS reach deal, averting blackout for customers
Author: 0 Dish, CBS reach deal, averting blackout for customers

The blackout affected almost 4 million Dish Network subscriber homes - including 400,000 in the Los Angeles region. What made the deal more pressing was that DISH subscribers watched CBS more than any other broadcast or cable outlet. Details about the deal, including financial terms weren't disclosed. The networks were being restored to Dish customers Thursday night, according to Warren Schlichting, Dish's executive vice president of marketing, programming and media sales.

Economy Black Friday shopping lasts all night at in Anthem
Author: 0 Black Friday shopping lasts all night at in Anthem

But, if you're looking for clothing, toys, shoes or beauty, you should consider shopping on Cyber Monday as previous years have had better price reductions on the day. Shoppers placed 48% more orders on smartphones on Thanksgiving this year over last, surpassing computers for the first time ever, according to Salesforce .

Economy Uber Paid Hackers to Hide Exposed Data of 57 Million Users
Author: 0 Uber Paid Hackers to Hide Exposed Data of 57 Million Users

Part of the reason nothing malicious has happened is because Uber acknowledges paying the hackers $100,000 to destroy the stolen information. U.S. "I'm just used to these breaches all the time; unfortunately it's a common occurrence", said traveler Ryan Eytcheson who was jumping in his Uber after flying in from Los Angeles.

Economy Merkel prefers new elections for Germany
Author: 0 Merkel prefers new elections for Germany

Immigration policy was the main dividing point among the parties. Mrs Merkel was weakened after the September election as voters angry with her decision in 2015 to open Germany's borders to more than a million asylum seekers punished her party by voting for the Alternative for Germany (AfD) far-right party.

Economy Shell collaboration helps power London buses with coffee waste
Author: 0 Shell collaboration helps power London buses with coffee waste

Technology company Bio-Bean has launched its coffee biodiesel project, which aims to power some of London's buses through biofuel, created by oil extracts from coffee waste and diesel. Given the tiny proportion of coffee-based oil in the bus fuel, there was no immediate, empirical indication that the noisome whiff of central London's air would turn into the alluring aroma of, say, a Roman cafe, or even a Starbucks.

Economy Griffith votes for Tax Reform
Author: 0 Griffith votes for Tax Reform

Through regular order and an open and transparent amendment process, the members of the Senate's tax-writing committee are also making real progress on a bill that's been years in the making, to fulfill our promise to the American people. She says it'll give tax breaks to families in the district and help spur the local economy by relieving small businesses. "With today's vote, President (Donald) Trump and House Republicans have seized this once-in-a-generation opportunity to reform our ...

Economy Moody's ups ratings of SBI, HDFC Bank, EXIM India and IRFC
Author: 0 Moody's ups ratings of SBI, HDFC Bank, EXIM India and IRFC

In the wake of India's rating being upgraded by global credit rating agency Moody, Finance Minister Arun Jaitley said it is "encouraging to gain worldwide recognition and not something that's happening in isolation". " Moody's upgrading India's Ratings is a reflection of India growth story and sound economic principles for a #NewIndia". Moody's expects GDP growth to moderate to 6.7 per cent in the fiscal year ending in March 2018.

Economy Tesla Reveals Electric Semi-Truck, New Roadster Sports Car
Author: 0 Tesla Reveals Electric Semi-Truck, New Roadster Sports Car

Tesla hasn't released any details about the semi. Of course, the Model 3 loomed over it all. Tesla's selling points include cheaper per-mile transport costs, safety, comfort, and (let's be honest) the cool factor. The tech CEO also says it's easier and safer to drive. This is a landmark moment for cars because the Tesla Roadster, previous deemed overpriced and relatively less exotic - is suddenly a bargain at ₹1.3 crore since it out accelerates the likes of a Koenigsegg Agera S, ...

Economy Pennsylvania's jobless rate sees new post-recession low
Author: 0 Pennsylvania's jobless rate sees new post-recession low

PROVIDENCE, R.I. (AP) — Rhode Island's unemployment rate in October remained at 4.2 percent, unchanged from the previous month. She says apprenticeships have helped millions of people develop skills needed for good jobs. The rate stood at 4.2 percent in August. The Omaha metro area's rate of 2.4 percent also was the lowest in almost 20 years. In addition to Nebraska, 10 other states saw their unemployment rates drop during the month.

Economy Oil is steady as Opec cuts counter rising United States output
Author: 0 Oil is steady as Opec cuts counter rising United States output

Futures were little changed in NY after falling 2.5 percent the previous two sessions. Meanwhile, domestic United States oil output rose by another 25,000 barrel a day to 9.645m b/d. Christopher Kuplen, BofAML's Research Analyst, argues that since 55 per cent of global oil is consumed in transportation, of which more than half by passenger vehicles, the demand for oil would eventually fall.

Economy Corvette ZR1: 5 fast facts about Chevy's new supercar
Author: 0 Corvette ZR1: 5 fast facts about Chevy's new supercar

While no pricing information is available, Chevrolet says the ZR1 supercar will go on sale in the spring of 2018. The LT5 also has a new dual-fuel-injection system, a first not only for Chevy but all of GM. Nineteen-inch front and 20-inch rear wheels wear P285/30ZR19 front and P335/25ZR20 rear tires, with Michelin Pilot Super Sport rubber. Chevrolet isn't quite making the decision as binary as that, but when you're ordering your shiny new 2019 Corvette ZR1 you do have a choice to make.

Economy Female Passengers Sue Uber for Alleged Violence and Rape by Drivers
Author: 0 Female Passengers Sue Uber for Alleged Violence and Rape by Drivers

The lawsuit follows a proposed class action lawsuit filed Tuesday against Uber asking the ride-sharing company to change its screening practices for drivers on behalf of all US riders who were "subject to rape , sexual assault or gender-motivated violence or harassment by their Uber driver in the last four years".

Economy Single's Day 2017 Again Sets Record with $25.3B in GMV
Author: 0 Single's Day 2017 Again Sets Record with $25.3B in GMV

At the top of the food chain, 167 merchants each generated more than 100 million yuan ($15.1 million) in GMV on Singles Day this year, including Nike , Gap and Uniqlo, thanks to promotional relationships with Alibaba . "168.2 billion yuan sales is not only a record in China, but also a record worldwide, " Alibaba's Chief Executive Daniel Zhang Yong said. The country's online retail sales are growing 30% a year with mobile payment transactions surpassing $23.8 trillion, Chinese President Xi ...

Economy Mattel stock soars on report of Hasbro takeover offer
Author: 0 Mattel stock soars on report of Hasbro takeover offer

Representatives for Hasbro and Mattel declined comment on the report, saying they don't respond to speculation. Hasbro, which is based in Pawtucket, Rhode Island, manufactures toy brands including G.I. "Both companies would benefit from a merger, but Mattel stockholders might oppose a deal that values the company on its depressed stock price", said Erik Gordon, a professor at the University of Michigan's Ross School of Business.

Economy Alibaba smashes Singles' Day records with 39% sales lift
Author: 0 Alibaba smashes Singles' Day records with 39% sales lift

This year, the company saw consumers spending 10 billion yuan (US$1.5 billion) in 3 minutes after the 24-hour shopping spree kicked off on November 11, 2017 , compared with 10 billion yuan in 6 minutes of Singles' Day last year. Alibaba's payments affiliate, Alipay, processed $17.8 billion of transactions on November 11 previous year. Alibaba and JD stock have both doubled this year as revenues surged.

Economy After security breach costs, Equifax clears Q3 with $96M profit
Author: 0 After security breach costs, Equifax clears Q3 with $96M profit

Following this massive data breach, Senator Baldwin helped introduce the Freedom from Equifax Exploitation (FREE) Act to give control over credit and personal information back to consumers. Equifax executives are scheduled to take questions from analysts during a conference call on Friday at 8:30 a.m.in NY. Even so, the company's earnings topped Wall Street's forecasts.

Economy Staten Island Mall hours for Thanksgiving, Black Friday 2017
Author: 0 Staten Island Mall hours for Thanksgiving, Black Friday 2017

Black Friday hours will vary by location. The Thanksgiving weekend will play a big part in the tradition. There's one big benefit to Best Buy's offerings, though: According to its Black Friday ad , many of these deals will be available both in stores and online on Thanksgiving day.

Economy Veterans Day Deals: Free Meals, Discounts, Other Offers for Military Members
Author: 0 Veterans Day Deals: Free Meals, Discounts, Other Offers for Military Members

Veterans & active duty military get a free entree from a limited menu at Applebee's on Saturday. Military veterans with valid ID, and active duty servicemembers in uniform, can enjoy a free "Classic Burger" on Veterans Day 2017. National Park Service is waiving fees at most of its day-use recreation sites over the Veterans Day holiday weekend. To get this offer, make sure you visit Bonefish Grill with your proof of service, like your military ID.

Author: 0 Target Refuses To Pull Fidget Spinners With High Lead Levels

The Fidget Wild Premium Spinner Brass center circle tested for 33,000 parts per million (ppm) of lead. The Fidget Wild Premium Spinner Metal , meanwhile, contained 1,300 ppm of lead in the center circle, and 520 ppm in its arm. The spinners are distributed by Bulls i Toy. The Fidget Wild Spinner Premium Brass is also being sold on Target's website . When ingested or inhaled, lead can cause behavioral problems, learning disabilities and stunted growth in young children.

Economy TripAdvisor now identifies hotels where sexual assaults were reported
Author: 0 TripAdvisor now identifies hotels where sexual assaults were reported

TripAdvisor also removed her posts warning other users about her experience. The Journal Sentinel reports that after TripAdvisor deleted Love's post, at least two more women were sexually assaulted at the same resort complex. After the accusations against Harvey Weinstein and other Hollywood men in power, victims of sexual assault or harassment are coming out to share their stories in almost every field - news, politics, academics, sports , and more.

Economy London Living Wage rises to £10.20 an hour
Author: 0 London Living Wage rises to £10.20 an hour

However, Lidl has not formally accredited with the Living Wage Foundation, which would commit the firm to pay rises every year. The budget supermarket's rate now matches the new Living Wage Foundation's voluntary rate, which was announced today.

Economy Intel, AMD Partner on Chip for Slim, Powerful Gaming Laptops
Author: 0 Intel, AMD Partner on Chip for Slim, Powerful Gaming Laptops

Nevertheless, Intel did pointed out that the new processor is combination of Intel Core H-series CPU together with a semi-custom AMD Radeon GPU. We had a good laugh seeing that Intel's PR is quoting AMD's Scott Herkelman, an ex-Nvidia Geforce guy. It included facilities to manage temperature, power delivery and performance states in real time and adjust performance balance depending upon tasks.

Author: 0 Qata Airways Buys $662 Million Stake in Cathay Pacific

Commenting on the acquisition, Cathay Pacific CEO, Rupert Hogg said: "Qatar Airways is one of the world's premier airlines". Qatar's flag carrier had earlier announced an agreement to purchase 378,188,000 shares in Cathay Pacific Airways Limited, equivalent to approximately 9.6% of the total issued share capital, from Hong Kong-based Kingboard Chemical Holdings.