Economy

Economy Uber's self-driving policies, tech face questions after fatal crash
Author: 0 Uber's self-driving policies, tech face questions after fatal crash

Dashcam footage shows the driver - identified by police as 44-year-old Rafaela Vasquez - looking down until seconds before the crash and then suddenly looking up with a shocked expression on her face just before the impact. "Clearly there's a problem, because the radar also should have picked her up throughout, she was moving", he says. The driver was recorded by a camera inside the vehicle, looking down (perhaps at her phone) for several seconds.

Economy United gives $10K travel voucher to 'bumped' passenger
Author: 0 United gives $10K travel voucher to 'bumped' passenger

Preiss was bumped because no one volunteered to give up their seat and she paid the lowest fare for the full flight, USA Today reported . The $10,000 limit was implemented in April 2017, when United Airlines took a dip in stock after a bloodied passenger was violently dragged off a plane in viral video.

Economy Federal Reserve hikes interest rate to highest level in a decade
Author: 0 Federal Reserve hikes interest rate to highest level in a decade

In his first meeting as Fed Chairman, Jerome Powell made a decision to have his cake and eat it, too: He sounds upbeat, tough, and hawkish about next year but cautious about this year. The median estimate for economic growth this year rose to 2.7 per cent from 2.5 per cent in December, signaling confidence in US consumers despite recent weak readings on retail sales that have pushed down tracking estimates of first-quarter activity.

Economy Oil prices fall as increased USA drilling activity points to higher output
Author: 0 Oil prices fall as increased USA drilling activity points to higher output

Financial sanctions imposed by the United States in August on Venezuela and state-run oil firm PDVSA have created obstacles for selling crude cargoes to US refiners, shrinking the number of customers PDVSA has in the U.S. Only Russia produces more, at around 11 million bpd, although US output is expected to overtake Russia's later this year as well. The Energy Information Administration will issue its weekly update on USA petroleum supplies Wednesday.

Economy United States rate hike fears pull down Sensex
Author: 0 United States rate hike fears pull down Sensex

The BSE Sensex started Tuesday's session on a weak note, falling as much as 112 points to 32,810 in early deals amid weakness in other Asian markets. Indian shares gave up early gains and closed 1 percent lower on Tuesday, pulled. Major gainers in the 30-share index were Tata Steel (2.70%), Adani Ports and Special Economic Zone (1.14%), Tata Power Company (1.13%), Bajaj Auto (1.09%), Tata Motors (1.04%), and Infosys (0.93%).

Economy ABI: Brexit transition deal a relief
Author: 0 ABI: Brexit transition deal a relief

Brexit Secretary Mr Davis said Monday's transition agreement, which is conditional on both sides agreeing a final withdrawal treaty, would smooth the path to a future permanent relationship. He continued: "I very much welcome Michael Gove's comments in Parliament that, after the transition, the UK Government will decide who can access our waters and on what terms".

Economy Nor'easter #4 to Bring a Plowable Snow
Author: 0 Nor'easter #4 to Bring a Plowable Snow

Weather forecasts for Berkshire County are handled by the National Weather Service in Albany and appear in a separate map, seen in the above gallery. Low around 33. Windy, with a northeast wind 26 to 30 miles per hour, with gusts as high as 41 miles per hour. Overnight will remain cloudy, with a low around 29.

Economy Federer dispatches Hyeon Chung : Indian Wells
Author: 0 Federer dispatches Hyeon Chung : Indian Wells

The world no 1 is heading into his 61st Masters 1000 semi-final on the back of a 7-5, 6-1 demolition of South Korea's Chung Hyeon in Friday's last-eight tie. In the victory, Federer won 68 percent of his first serve points and 60 percent of his second serve points. "So I'm just somebody who is also playing tennis".

Economy Greenwood Harveys among 94 SE Grocers stores closing
Author: 0 Greenwood Harveys among 94 SE Grocers stores closing

One of the nation's largest grocers, Southeastern Grocers has stores in Alabama, Florida , Georgia , Louisiana, Mississippi, North Carolina and SC. "We will continue every day to provide our associates with a great place to work and our customers with a store experience they can count on". Southeastern Grocers has entered into a restructuring support agreement and will voluntarily file prepackaged Chapter 11 cases to efficiently execute its restructuring.

Economy United makes (another) mistake, flies Kansas-bound dog to Japan
Author: 0 United makes (another) mistake, flies Kansas-bound dog to Japan

The airline added that it is investigating the flight and talking to the flight attendant. CBS News travel editor Peter Greenberg says passengers should be aware of airline policies when traveling with pets. After that incident, United set about trying to reform its image . In a written statement , United said it assumes responsibility for the dog's death.

Economy Amazon attracts 5 mln new customers with Prime Originals
Author: 0 Amazon attracts 5 mln new customers with Prime Originals

For example, Reuters reports that The Man in the High Castlehad 8 million United States viewers in early 2017, while bringing in "1.15 million new subscribers worldwide based on Amazon's accounting". "First stream" refers to the show a new Prime member first watches after signing up for Prime . The internal documents also compare metrics for 19 shows exclusive to Amazon: their cost, viewership and the number of people they helped bring to Prime .

Economy Largest Radio Company in US Files for Bankruptcy Protection
Author: 0 Largest Radio Company in US Files for Bankruptcy Protection

Cash on hand and cash generated from ongoing operations will be sufficient to fund the business during the bankruptcy process, iHeartMedia said . The creditors' counteroffer sought a higher stake in the company - 94.75% - while offering the equity holders nothing. The more than six months long negotiations between the company and its creditors evolved into this pre-packaged Chapter 11 filing .

Economy Halep topples Wang to reach Indian Wells quarter-finals
Author: 0 Halep topples Wang to reach Indian Wells quarter-finals

The American won a remarkable 23rd Grand Slam at the 2017 Australian Open previous year when she defeated her sibling Venus in the final in a 6-4, 6-4 win. In her second career semifinal, Osaka will seek her first win over Simona Halep at the fourth attempt. The fifth-seeded Pliskova battled past American teenager Amanda Anisimova 6-1 7-6 (7-2), ending the 16-year-old's fine run.

Economy Air Canada computer issues causing congestion at some airports
Author: 0 Air Canada computer issues causing congestion at some airports

Air Canada said customers should expect "delays and some cancellations due to the outage". Reports are coming in from travellers worldwide, saying their Air Canada planes have been grounded. The airline says customers are advised to check the status of their flight and check-in online at aircanada .com before going to the airport. Many departing flights out of YVR are now being delayed.

Economy Oil prices fall on relentless rise in U.S. crude output
Author: 0 Oil prices fall on relentless rise in U.S. crude output

The Organization of Petroleum Exporting Countries and its allies pledge to curb output may be undermined as the US ships more oil to Asia, according to ING Groep NV . Energy Information Administration data shows that exports have averaged about 1.5 million barrels over the past six months, nearly double the level in the previous six months, with Asia being the biggest buyer.

Economy Trump and Tillerson's biggest policy disagreements
Author: 0 Trump and Tillerson's biggest policy disagreements

Some foreign policy experts expressed dismay at the decision to swap out top diplomats so soon before the unprecedented meeting and anxious that Pompeo would encourage Trump to scrap the Iran nuclear deal and be hawkish on North Korea . Hours later, he was sacked, too. Compare Tillerson's response to that of Pompeo. "And that was a total mystery because the people at the State Department would work for the devil if he is advancing American interests, which Mr.

Economy What's in Healthcare Realty Trust Incorporated (HR) After Achieving 1 Year Low?
Author: 0 What's in Healthcare Realty Trust Incorporated (HR) After Achieving 1 Year Low?

About 337,666 shares traded. More interesting news about Vornado Realty Trust (NYSE:VNO) were released by: Seekingalpha.com and their article: "Vornado Realty Trust: A High-Quality, Undervalued New York City REIT" published on February 07, 2018 as well as Seekingalpha.com's news article titled: "Vornado Realty Trust's (VNO) CEO Steven Roth on Q4 2017 Results - Earnings ..." with publication date: February 13, 2018.

Economy 'Pharma Bro' faces high stakes sentencing in fraud case
Author: 0 'Pharma Bro' faces high stakes sentencing in fraud case

Shkreli famously purchased the sole copy of Wu-Tang Clan's " Once Upon A Time In Shaolin " album for $2 million back in 2015 and recently listed the item for sale on eBay . But even after becoming one of the most hated men in America , Shkreli managed to pull off a spectacular fall from grace, when he was arrested by the Federal Bureau of Investigation on fraud charges, relating to his hedge fund businesses.

Economy Raiders Free Agency: CB Richard Sherman visiting 49ers
Author: 0 Raiders Free Agency: CB Richard Sherman visiting 49ers

Still, the Patriots would be well-served to explore the possibility of bringing Sherman into the fold. Condotta says that the team was interested in trying to get Sherman to agree to a pay cut but that he "balked" at such a proposal. While T.J. Carrie was the best cornerback the team had last season, he comes into the offseason as an unrestricted free agent. The 49ers are in need of cornerbacks and are expected to land a veteran in the coming week whether it is Sherman or someone else.

Economy On Twitter, falsehood spreads faster than truth
Author: 0 On Twitter, falsehood spreads faster than truth

Indeed, they report , false news that spreads fast is considered more novel; that novel information is more likely to be retweeted. False stories were 70 percent more likely to be retweeted and spread at least six times as fast. Unlike the MIT researchers-who avoided saying " fake news " and called the term "irredeemably polarized"-Baum, Lazer and their colleagues embraced it".

Economy Dollar Rises as Trade War Fears Fade
Author: 0 Dollar Rises as Trade War Fears Fade

Spot gold was down 0.3 per cent at $1,317.41 per ounce at 0405 GMT and was on track to post its third weekly decline. A number of policymakers on the governing council favour a sudden stop to the €30bn monthly asset purchase program in the aftermath of that date, while some favour a change to the wording with respect to downside risks to the economy.

Economy Goldman Sachs CEO Lloyd Blankfein could leave at year-end
Author: 0 Goldman Sachs CEO Lloyd Blankfein could leave at year-end

It was under Blankfein that Goldman was tagged with the infamous "Vampire squid" moniker, thanks to a 2010 Rolling Stone piece - a nickname that the bank has never been able to shake. Last June, he used his first-ever tweet to slam Trump's decision to leave the Paris climate accord. Blankfein, 63, was diagnosed with lymphoma, which Goldman disclosed to investors in September 2015.

Economy Jobs report crushes expectations, wage growth slows
Author: 0 Jobs report crushes expectations, wage growth slows

On Twitter , the president expressed elation. The rate of inflation, which increased 1.7 percent over the past year, below the Federal Reserve's 2 percent goal, is expected to increase in the coming months. The civilian labor force was down 4,000 over the month to 6,414,000, following four months without any change. But there also were signs the hunger for increasingly scarce workers was causing companies to dig deeper into the labor pool.

Economy Hiccups ahead of Conrad Sangma taking oath as Meghalaya Chief Minister today
Author: 0 Hiccups ahead of Conrad Sangma taking oath as Meghalaya Chief Minister today

The new Chief Minister urged his coalition to work together as a team to ensure that Meghalaya made rapid progress. "I hope he carries forward the hopes and dreams of the people of the state", she said. Along with Mr Sangma, 11 other legislators of the newly-formed Meghalaya Democratic Alliance government were administered the oath of office and secrecy as Cabinet ministers.

Economy Amazon Reportedly Eyes Consumer Banking Service
Author: 0 Amazon Reportedly Eyes Consumer Banking Service

Whatever final form this financial product takes, we won't reportedly see Amazon becoming a bank. Talks have also taken place with United States credit card lender Capital One, the Wall Street Journal said. Amazon, of course, has millions of customers, access to cheap capital, and tons of data, making it a potentially fearsome competitor to the banking industry.

Economy United Kingdom companies urge less water use after post-storm thaw
Author: 0 United Kingdom companies urge less water use after post-storm thaw

Meanwhile, homeowners across the United Kingdom are being urged to reduce their water usage, following concerns that widespread leaks could create a national water shortage. Thames Valley, Affinity Water, South East Water and Southern Water have urged customers who do have running water only to use it where essential. A number of water handout points have been set up in London to provide the worst affected people with fresh water.

Economy Republican senator backs review of Broadcom's Qualcomm bid
Author: 0 Republican senator backs review of Broadcom's Qualcomm bid

But CFIUS-which includes officials from the Defense, Energy, Homeland Security, and Justice departments-is taking more time to review the bid to determine whether a foreign acquisition of Qualcomm constitutes a national security threat. Apparently (as had been suggested was reasonable) "The Committee on Foreign investment in the U.S (CFIUS). which is reportedly now looking into the issue, is a government panel tasked with looking into overseas investments in US companies".

Economy Wall Street tumbles after Powell's comments
Author: 0 Wall Street tumbles after Powell's comments

Fed chiefs try to avoid off-the-cuff remarks that cause impromptu repricing, preferring to hew close to their job of representing the views of the Fed's rate-setting committee and avoiding disclosing much about their personal opinions. In Asia, Japan's Nikkei 225 jumped 1.1 percent, South Korea's Kospi dipped 0.1 percent and the Hang Seng in Hong Kong lost 0.7 percent. "In addition, in October we initiated a balance sheet normalization program to gradually reduce the Federal Reserve's ...

Economy Bank of England weighs in on cryptocurrency debate
Author: 0 Bank of England weighs in on cryptocurrency debate

Although some countries have banned them, Mr Carney said regulation would be a better approach. Carney's speech touched on several points that have become somewhat of a mainstay for banking officials. As a result, calls are now rising for increased regulation of the virtual cash. On the upside, Carney said "some of the underlying technologies are exciting", adding that authorities should be careful not to stifle innovations which could in the future improve financial stability and ...

Economy Berkshire nets US$29bn from tax bill
Author: 0 Berkshire nets US$29bn from tax bill

Investor Warren Buffett says Wall Street's lust for deals has prompted CEOs to act like oversexed teenagers and overpay for acquisitions, so it has been hard to find deals for Berkshire Hathaway . "Each has been with Berkshire for decades, and Berkshire's blood flows through their veins". Buffett's Berkshire Hathaway , along with Amazon.com and JPMorgan Chase, said in late January that they planned to start a joint venture to improve health care for their workers.

Economy One Tweet From Kylie Jenner Shaved $1.5 Billion Off Snapchat's Market Cap
Author: 0 One Tweet From Kylie Jenner Shaved $1.5 Billion Off Snapchat's Market Cap

She posted: "Sooo does anyone else not open Snapchat anymore?" The high-profile entertainer has revealed just how much of a retail-influence her mini-me Stormi Webster is having. Citigroup analyst Mark May downgraded the Snap stock to sell from neutral earlier this week after seeing a "significant jump" in negative reviews of the app's redesign.