Economy

Economy Facebook lets users know when their pictures pop up
Author: 0 Facebook lets users know when their pictures pop up

The internet giant claims it will be useful if a user in your "friends network" posts an embarrassing photo without tagging you in it. But after incorporating feedback from billions of user interactions, Facebook felt confident enough to push its use into new territory.

Author: 0 Uber can be regulated, European Union court rules

HAS become the second United Kingdom city to ban Uber after receiving more than 150 complaints about the taxi-hailing app. The UK proceedings began at the end of October 2015 when four drivers submitted claims against the ride-hailing app, supported by the GMB union .

Economy Existing-home sales continue to strengthen
Author: 0 Existing-home sales continue to strengthen

The median seasonally adjusted price of existing homes sold in November touched a new all-time high of $255,000, up 1.2 percent from October and up 5.8 percent over the year. Total housing inventory at the end of November dropped 7.2 percent, to 1.67 million existing homes available for sale, NAR said. Year-over-year, single-family home sales have been flat in the West while condo/coop sales are up 16.7 percent.

Economy Insider Trading Probe Launched After Bitcoin Cash Increases Suddenly
Author: 0 Insider Trading Probe Launched After Bitcoin Cash Increases Suddenly

In a blog post on the company website , Armstrong voiced concerns that the price of Bitcoin Cash (BCH) on other exchanges increased in the hours before the Coinbase announcement. When the Bitcoin "crash" happened earlier in the day, Gemini - the exchange which works with the CBOE on its futures trading - said that they couldn't process transactions due to problems on the blockchain related.

Economy Toronto billionaire and his wife found dead in their mansion
Author: 0 Toronto billionaire and his wife found dead in their mansion

Police said they learned of the deaths after responding to a midday (1700 GMT) medical call at the Sherman's home in an affluent section of northeast Toronto. "As employees, we are proud of his tremendous accomplishments, honoured to have known him, and vow to carry on with the Apotex objective in his honour".

Economy Facebook introduces Snooze, allowing users to mute friends
Author: 0 Facebook introduces Snooze, allowing users to mute friends

Facebook can get a little overwhelming at times, especially in today's era of fake news and hot-topic political takes. Facebook is adding in a snooze button to discreetly shut up those annoying "friends" on Facebook for a while. Facebook said the new Snooze button is one way it is trying to make social media more positive by allowing users to hide the type of posts that they only passively consume, such as a distant friend's vacation pictures.

Economy Explosive Device Detonated Near Times Square in
Author: 0 Explosive Device Detonated Near Times Square in "Attempted Terrorist Attack"

Despite it being rush-hour at the time of the explosion, only three people suffered minor injuries. Ullah was taken into custody and was moved to Bellevue Hospital with non-life-threatening wounds and burns. "It was scary. It was just a lot of chaos but I didn't see any injuries". "The PA system was still blaring Christmas carols", Sherlock said. Ferdous said Ullah last travelled to Bangladesh's capital Dhaka - where he was born and raised - in September, but police had no information on why ...

Economy 2nd NYC Islamic Terrorist Was Also Diversity Visa Lottery Baby
Author: 0 2nd NYC Islamic Terrorist Was Also Diversity Visa Lottery Baby

Meanwhile, Saipov was himself a visa lottery recipient who immigrated from Uzbekistan in 2010. He also noted that foreign nationals from countries that are state sponsors of terrorism are allowed to apply for the lottery, which awards 50,000 green cards annually.

Economy Chance to See Hundreds of Shooting Stars During Geminid Meteor Shower
Author: 0 Chance to See Hundreds of Shooting Stars During Geminid Meteor Shower

To increase the chances of seeing meteors, choose a site at least 40 miles from a major city, Astronomy.com said. The Geminid meteor shower is named after the constelation Gemini because that is the area of sky where meteors usually originate from, but you can see them anywhere in the sky.

Economy Salvation Army Bell Ringers continue in Murfreesboro and beyond
Author: 0 Salvation Army Bell Ringers continue in Murfreesboro and beyond

The Salvation Army helps the community in a variety of ways. "This provides shelter, food, and other basic needs to individuals and families in need". Lt. Bernabe said, "It has to be someone who has a heart for what we do". The Salvation Army also assists residents year-round with utility bills, rent and meals, feeding approximately 40,000 people annually, Stearns said.

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.