Economy

Economy Three teenagers dead after collision at bus stop
Author: 0 Three teenagers dead after collision at bus stop

One of the victims, Harry Rice, was a promising footballer who had signed with semi-professional football club Farnborough Town FC following a successful trial, but left the club a few weeks ago. The teenagers were on their way to a 16th birthday party when the incident happened close to the Esso garage near junction four of the M4. The detained suspect is being questioned at a north London police station.

Economy The Next Borderlands Game Could Have Elon Musk's Flamethrower
Author: 0 The Next Borderlands Game Could Have Elon Musk's Flamethrower

For an extra $US30, those proud new flamethrower owners can "Buy an overpriced Boring Company fire extinguisher!" The Boring Company made a decision to start selling flamethrower weapons over the weekend, and they appear to have become an aspiring supervillain's newest shop.

Economy New easyJet boss takes salary cut as airline reveals gender pay gap
Author: 0 New easyJet boss takes salary cut as airline reveals gender pay gap

In November, EasyJet revealed it had gender pay gap of 52 percent although it said it pays men and women the same amount for the same work. Lundgren said he wants to address a gender imbalance in the pilot community, saying Easyjet has set a target for 20 per cent of its new pilots to be female by 2020.

Economy IQOS Cigarette Alternative Fares Poorly Before FDA Panel
Author: 0 IQOS Cigarette Alternative Fares Poorly Before FDA Panel

Philip Morris International wants to shift to a "smoke-free future", but USA regulators are concerned that they will need more data to fully assess potential health risks from the company's new electronic cigarettes . IQOS is used by almost 4 million people in 30 markets outside the United States but needs FDA authorization to be marketed in America. But Philip Morris and its USA partner, Altria , need the permission of the Food and Drug Administration to sell it in the U.S.

Economy 'House of horror' parents banned from contacting children
Author: 0 'House of horror' parents banned from contacting children

Sheriff deputies arrested the Turpins after receiving an emergency call from a 17-year-old victim who managed to escape. Simon told the Times that she often waved hello and goodbye to the Turpin family. She brought one of her siblings with her, but they got scared and turned back. "She went to Huntsville, Alabama, David dropped her off", she said. Mr Muntajibuddin said that despite being bullied, the Turpin girl "was still one of the most pleasant people I have had the opportunity ...

Economy Caterpillar, 3M earnings boost Dow to new record
Author: 0 Caterpillar, 3M earnings boost Dow to new record

The S&P and the two other main indexes all notched their best four-week runs since 2016. S. crude rose 0.89 percent to $66.09 per barrel and Brent was last at $70.47, up 0.07 percent on the day. As of Thursday, 77 percent of the S&P 500 companies that had reported surpassed earnings expectations, while 79 percent of those companies had beaten sales estimates, according to US financial information company FactSet.

Economy US Senate confirms Jerome Powell as next Fed chair
Author: 0 US Senate confirms Jerome Powell as next Fed chair

Dianne Feinstein reversed course, choosing to oppose Powell's nomination. That is the type of scenario that in the past has brought an end to economic recoveries. Chairman-to-Be Powell has signaled that he favors ways to make bank regulations less onerous, especially for smaller community banks. Another potential wrinkle: The $1.5 trillion tax cut signed by Trump late a year ago.

Economy 'Bored' serial killer nurse charged with 97 more murders
Author: 0 'Bored' serial killer nurse charged with 97 more murders

In February 2015, Niels Hoegel was jailed for life after killing two patients who were in intensive care at a hospital in Delmenhorst near Bremen. Additional convictions could affect Hoegel's possibility of parole, but there are no consecutive sentences in Germany. Known as Dr. Death, Shipman was sentenced to 15 life terms in 2000; he died prison in 2004, apparently a suicide.

Economy Amazon Go Store Opens To The Public Today
Author: 0 Amazon Go Store Opens To The Public Today

You can check the app out for yourself via the Play Store button below. Amazon has not said if it will launch more Go shops or if it plans to use the technology into its range of Whole Foods stores. Purchases are billed to customers' credit cards when they leave the store. They are not talking about more stores just yet. For the past year, the 1,800-square foot mini-mart has been open to the company's employees.

Economy Oil prices fall over 1 percent on recovery in USA output
Author: 0 Oil prices fall over 1 percent on recovery in USA output

Finally, a statement by Russia's energy minister highlighting his concern that the market is not completely rebalanced, and a perception that the market continues to be vulnerable to various geopolitical risks added to the bullish outlook. Production of the fuel averaged 9.7 million bpd last week, up from 9.5 million bpd in the week to January 5. At the same time, the IEA forecast for global oil demand to remain unchanged at 1.3 month over month barrels per day.

Economy Carillion: What is the government doing to help SMEs?
Author: 0 Carillion: What is the government doing to help SMEs?

Leaders of the TUC, Unite and GMB met Business Secretary Greg Clark on Tuesday evening and warned him that workers should not be left to "carry the can". "It's time they take responsibility for this situation and provide the long-term help necessary to the minimise damage caused to small businesses by Carillion's collapse", she said.

Economy Rory McIlroy happy with opening 69 on his competitive comeback
Author: 0 Rory McIlroy happy with opening 69 on his competitive comeback

Sharma, who won the Joburg Open last month for his maiden victory outside India as a professional, had four birdies against two bogeys in the second round. "It was nice. I was excited to get going". " I feel like I got what I deserved on the last for staying so patient and it was nice to finish with a three, leapfrog a few guys and get myself into contention for the weekend".

Economy OPEC Cut Compliance Rises to 118% on Venezuelan Production Decline
Author: 0 OPEC Cut Compliance Rises to 118% on Venezuelan Production Decline

The OPEC forecast of higher rival supply could add to a debate about the effectiveness of keeping the curbs in place. "It's definitely a constructive report", said Nick Holmes, an analyst at Tortoise Capital Advisors LLC in Leawood, Kansas, which manages $16 billion in energy-related assets.

Economy WEF raises concerns over economic impact of new tech in 2018
Author: 0 WEF raises concerns over economic impact of new tech in 2018

Other threats that especially concern the roughly 1,000 experts in government, policy and business surveyed include cyberattacks , terrorist attacks and data fraud or theft . "Unfortunately we now observe a "too-little-too-late" response by governments and organisations to key trends such as climate change ", said Ms Martin.

Economy Uber prevents police retrieving company data
Author: 0 Uber prevents police retrieving company data

Uber developed and regularly made use of a secret program it built that locked down company devices to thwart police raids, Bloomberg Businessweek reported on Thursday. The company also said its policy is to cooperate with all valid searches and requests for data. Uber doesn't have a very good relationship with regulators, and by that I mean it seems to do everything it can to avoid letting them do any investigation into the company.

Economy Inflation to hit 17-month high of 5.1%
Author: 0 Inflation to hit 17-month high of 5.1%

The December core CPI reading was also stronger than the 0.2 percent rise forecast among analysts polled by Reuters. Two crucial macro numbers - retail inflation for December and factory output for November - released by the government on Friday indicate that the economy could well be on the recovery path.

Economy House of Fraser reveals Christmas sales pain
Author: 0 House of Fraser reveals Christmas sales pain

In clothing and homeware, M&S said its revenue grew both in-store and online over the weeks leading up to Christmas, and it held its full price stance in a very promotional market. The figures were published at the same time as a slew of retailers' trading updates, with rival supermarket Waitrose seeing like-for-like sales up by 1.5% over the six weeks to 30 December.

Economy Trump hopes Korea talks go 'beyond the Olympics'
Author: 0 Trump hopes Korea talks go 'beyond the Olympics'

Chang Ung, Pyongyang's sole International Olympic Committee member, said in a meeting with reporters in an airport in Beijing that his country is "likely to participate" in the Winter Games slated for February 9-25, according to foreign news reports.

Economy Push to reverse FCC rollback of net neutrality rules gets Senate boost
Author: 0 Push to reverse FCC rollback of net neutrality rules gets Senate boost

Yesterday, the FCC published the order it voted on in December that rolls back the protections that help keep the Internet open and free. Missouri's Claire McCaskill is the latest senator to sign on to the nullification effort, according to Free Press , a consumer-rights group that supports the net-neutrality rules the FCC voted to repeal.

Economy Captain Marvel Casts DeWanda Wise for Unspecified Role
Author: 0 Captain Marvel Casts DeWanda Wise for Unspecified Role

The Pasadena, Calif. -based actress, who graduated from Atholton High School in Columbia, will co-star alongside "Room" actress Brie Larson in the Anna Boden-Ryan Fleck-directed superhero flick. DeWanda Wise is about to have it all. Their subsequent battle resulted in Danvers gaining her powers. Now, if that's not starting 2018 with a bang, we don't know what is.

Economy GDP growth may slow down to 6.5% in FY18
Author: 0 GDP growth may slow down to 6.5% in FY18

The CSO's estimate of national income for 2017-18 showed the GDP at constant (2011-12) prices for 2017-18 is likely to attain a level of Rs 129.85 lakh crore. These will be the first official full-year growth estimates after GST's rollout. Nayay's own outlook for GVA and GDP growth in the current fiscal was 6.5% and 6.7% respectively; "at present, we expect GVA growth to rise to around 6.7% in Q3 FY2018 and a sharp 7.5% in Q4 FY2018".

Economy Tesla Misses Model 3 Delivery Estimates for Q4
Author: 0 Tesla Misses Model 3 Delivery Estimates for Q4

We intend to achieve the 5,000 per week milestone by the end of Q2. This wouldn't necessarily be a problem if Tesla was already a profitable market leader. Short sellers, investors who bet that a stock will go down and profit when the price falls, have piled into Tesla lately. Musk is attempting to build better, cheaper batteries through advanced automation.

Economy Galway battered with 140km/h gusts as Storm Eleanor gains pace
Author: 0 Galway battered with 140km/h gusts as Storm Eleanor gains pace

This indicates that flooding is expected, and that "immediate action" is required. The Status Orange weather warning comes into effect from 4pm this evening and will be in effect until 9pm. Paul Gundersen, Met Office chief forecaster, said: "The unsettled theme continues throughout this week, with further spells of rain moving across the United Kingdom from the west as many return to work on Tuesday and there will again be some snow over the high ground in Scotland".

Economy Hoda Kotb Named 'Today' Co-Anchor, Replacing Matt Lauer
Author: 0 Hoda Kotb Named 'Today' Co-Anchor, Replacing Matt Lauer

Mr. Lauer was sacked late a year ago for alleged sexual misconduct amid the national movement to address workplace harassment. "I am pinching myself", Kotb , who said she was offered the role over the holidays, replied. In this November 29, 2017, photo, Savannah Guthrie , right, and Hoda Kotb appear with the Rockettes during the 85th annual Rockefeller Center Christmas Tree lighting ceremony in NY.

Economy US Airport Immigration Computers Go Down Temporarily
Author: 0 US Airport Immigration Computers Go Down Temporarily

It said Monday night that all airports were back on line. Travelers entering the United States from overseas posted photos on social media of long lines at John F. Line is a few 100 deep. Many airlines use ancient reservation systems, and even new ones like the Amadeus Altea system can go down , causing airport chaos.

Economy Spain's Factory Activity Growth Moderates In December
Author: 0 Spain's Factory Activity Growth Moderates In December

Panelists reported higher demand from both home and overseas, with growth of new export orders at a near seven-year high. The slowdown was reflected in the drop in buying activity in December, the sharpest decline since September. Members of the survey team said late delivery was mainly due to the shortage of raw materials. THE Philippines' manufacturing PMI showed further expansion in December although at a slightly slower pace than the previous month, buoyed by marked growth in both ...

Economy Minimum wage rises to $10.40 an hour on path toward $15
Author: 0 Minimum wage rises to $10.40 an hour on path toward $15

Of the 22 European Union member states with a minimum wage, only workers in Luxembourg (€1,999 per month) receive a higher monthly minimum wage than workers in Ireland, who take home €1,563 per month, according to the report, valid as of January 1, 2017.

Economy Changes suggested by CBFC in Padmavati are cosmetic, says former Mewar royal
Author: 0 Changes suggested by CBFC in Padmavati are cosmetic, says former Mewar royal

In the latest meeting of Examining Committee on December 28, CBFC chose to grant the film a UA certification with the condition that 26 scenes are cut and the title of the film is changed from Padmavati to Padmavat . "I am glad that following a balanced approach we resolved the task at hand in a pragmatic and positive manner", CBFC chief Prasoon Joshi said. The outrage sparked off following the rumour of dream sequence between Rani Padmini and Alauddin Khilji broke out.

Economy Apple's board finally started making CEO Tim Cook fly private
Author: 0 Apple's board finally started making CEO Tim Cook fly private

As the head of the world's most valuable company, Mr Cook is also now forced to use private planes to travel for both business and personal purposes. While better sales is good news for Apple , which saw sales decline for the first time past year, the company thought it also means Cook's security could be at risk.

Economy Obama beats Trump in America's Most Admired Man poll
Author: 0 Obama beats Trump in America's Most Admired Man poll

Its not surprising that among Americans former Secretary of State Hillary Clinton is the most admired woman in the world and former President Barack Obama is the most admired man in the world. In the 71 years Gallup has gathered information, the present president has won the best title 58 times. Nevertheless, Clinton retained enough support among the public to top every other woman on the list.

Economy Pennsylvania Woman 'Shocked' After Receiving $284 Billion Electric Bill
Author: 0 Pennsylvania Woman 'Shocked' After Receiving $284 Billion Electric Bill

Horomanski's son contacted Penelac, her electric provider, who confirmed the error. The stunned homeowner was, however, given the leeway to pay the massive amount on her electric bill by November 2018. As for Horomanski, she just got an idea for a new Christmas present from her son - a new heart monitor. "I can't recall ever seeing a bill for billions of dollars", he said.

Economy Amazon Reports Biggest Holiday Season Ever
Author: 0 Amazon Reports Biggest Holiday Season Ever

One eye-catching figure: More than 4 million people signed up for Prime free trials or began paid memberships in a one-week period, according to Amazon . Customers bought more than 1 billion items across the world fromThanksgiving through Cyber Monday, Amazon said in a press release . With the 2017 holiday shopping season now firmly behind us, Amazon has a lot to smile about.