Money

DOJ sues to challenge AT&T-Time Warner merger

DOJ sues to challenge AT&T-Time Warner merger In the deal, AT&T seeks to vertically integrate its wireless and pay-TV capabilities with Time Warner's video content including Warner Bros. studios and cable channels such as HBO, CNN, TNT and TBS. Mark Cuban thinks the big losers of the DOJ's decision to sue to block the AT&T-Time Warner merger will be Google and Facebook. AT&T Chief Executive Officer Randall Stephenson countered those reports ... [Full Article...]

Why Uber Just Agreed to Buy a Buttload of Volvos

Why Uber Just Agreed to Buy a Buttload of Volvos The new XC90s that Uber is sourcing from Volvo will be more advanced in their self-driving abilities compared to the existing test cars. Uber has been testing prototype Volvo cars for more than a year, with safety drivers in the front seat to intervene if the self-driving system fails, in Tempe, Arizona, and Pittsburgh. [Full Article...]

Amazon's Midnight Black Friday Sale Starts Now

Amazon's Midnight Black Friday Sale Starts Now Online shopping experts at Black Friday Dealer have released a list of the best Nikon D5300 Black Friday deals for 2017. Lowe's : Select Black Friday deals are available now. This year retailers are starting deals online on Monday, November 20th and running them until Cyber Monday the following week. Your Black Friday doesn't have to be so busy though, because Amazon just kicked things off wi... [Full Article...]

Tax cut would benefit average Americans

Tax cut would benefit average Americans Kevin Diaz , Washington correspondent for the Houston Chronicle says Brady has been working his way through the House leadership ranks for years, with the goal of implementing significant tax cuts. The deduction for mortgage interest would be reduced to cover $500,000 of acquisition debt, down from $1 million, but interest deductions for existing loans would be grandfathered. [Full Article...]

Striking faculty reject colleges' contract offer

Striking faculty reject colleges' contract offer The offer was soundly rejected and the strike continues. As reported earlier by SooToday, the Colleges' offer, which OPSEU rejected, includes a 7.75 per cent salary increase over four years, improved benefits and addressing of concerns regarding part-time faculty. [Full Article...]

Meredith, Time Inc restart deal talks with Koch brothers' support

Meredith, Time Inc restart deal talks with Koch brothers' support In addition to Time magazine, Time Inc . publishes People, Sports Illustrated, Entertainment Weekly and more than 100 other magazines. A deal involving the Kochs would be likely to raise new questions about political influence on the news media, especially a hallowed journalistic outlet like Time magazine, founded in 1923 and originally run by Henry Luce. [Full Article...]

Videos show possible Tampa serial killer near site of two slayings

Videos show possible Tampa serial killer near site of two slayings Residents and police have been on edge since October 9, when 22-year-old Benjamin Mitchell was shot to death. Police said they believe those three killings were committed by the same person. He was last seen wearing black clothing. "When I spoke to her, she said if our officer had been five seconds earlier, he would have been able to stop it", he said. [Full Article...]

Norwegian wealth fund plans to divest of oil and gas

Norwegian wealth fund plans to divest of oil and gas The oil and gas sector now spans a broad range of energy-related activities, including companies classified as integrated oil and gas, oil service and renewable energy. The aim of the proposal is to make Norway's wealth less vulnerable to a permanent drop in oil prices, especially at a time when the fund is increasing the proportion of its portfolio it invests in equities to 70 percent from 60 per... [Full Article...]

The Keystone Pipeline Spills 210000 Gallons of Oil in South Dakota

The Keystone Pipeline Spills 210000 Gallons of Oil in South Dakota The pipeline from Hardisty, Alberta, to Cushing, Oklahoma, and to Wood River and Patoka in IL, has been shut, while the southern leg of the system to the Gulf Coast remains operational, the company said. State regulators have already granted construction permits for the pipeline. Meanwhile, TransCanada has pitched Keystone XL, its proposed 830,000 barrel per day tar sands, in similar terms, citi... [Full Article...]

France beat South Africa and Ireland to host competition

France beat South Africa and Ireland to host competition The vote is done via a secret ballot. You wouldn't have to look too far to see the fallout from today's vote which saw France confirmed as 2023 World Cup hosts . David Sterling, Head of Northern Ireland Civil Service: "I too would like to congratulate France and wish them well for a successful tournament in 2023". [Full Article...]

USA oil and gas resurgence expected as global energy demand grows

USA oil and gas resurgence expected as global energy demand grows Between 2017 and 2040, the IEA estimates that more solar power capacity will be added globally each year than any other source of energy, with an annual average increase of almost 70 gigawatts. With the USA eating into Canada's prospective market share, the IEA believes Canada's liquefied natural gas export will likely not come to fruition until the 2030s - a decade longer than expected - even as ... [Full Article...]

British inflation steadies at five-year high in October

The Central Statistics Office ( CSO ) and the Ministry of Statistics and Programme Implementation, in a latest report, said the Consumer Price Index (CPI) based inflation was 3.28 per cent in September, 4.2 per cent in October previous year. [Full Article...]

Missouri attorney general launches an anti-trust investigation against Google

Claire McCaskill's seat in 2018, told reporters that he issued an "investigative subpoena" to the tech giant to gather information. Hawley's office is checking into what Google does with the user information it collects and allegations that it inappropriately scrapes information from competitors' websites. [Full Article...]

North Korea denounces Trump's Asia tour as a 'warmonger's visit'

North Korea denounces Trump's Asia tour as a 'warmonger's visit' He directly addressed North Korea in a speech at South Korea's parliament on Wednesday, telling Kim Jong Un: "Do not underestimate us". The expert said they do not have a specific policy of pre-emptive strikes prior to launch and if the USA were to launch a missile, North Korea could claim they have been attacked. [Full Article...]

(:MLSS) & NVIDIA Corporation (NASDAQ:NVDA)

Levy Harkins & Company Inc sold 4,505 shares as Nvidia Inc. Insiders have sold 452,784 shares of company stock worth $81,437,724 in the last quarter. Companies such as Nvidia, Intel, and AMD were expected to post a rise in their sales during the past couple of quarters as the cryptocurrency market, gaming world, and even artificial intelligence developers sent prices of GPU prices up giving a br... [Full Article...]

Corn, Soybean Futures Consolidate After Report

Corn, Soybean Futures Consolidate After Report The U.S.D.A. 2018 wheat carryover forecast was below the pre-report trade average expectation of 956 million bus, the soybean carryover was slightly above the trade average of 420 million bus and the U.S.D.A. "Even though USDA boosted its demand forecast, the increased product ion would add to carry at a time when stocks are already burdensome". For corn and soybeans , the marketing year begi... [Full Article...]

AT&T may have to dump CNN to get Time Warner deal approved

AT&T may have to dump CNN to get Time Warner deal approved According to a Justice Department official, AT&T has offered to divest CNN. "It's hard to imagine an antitrust argument that will be compelling" from the government, he said. "I have never been told that the price of getting the deal done was selling CNN, period", Stephenson said at a conference Thursday. Stephens reiterated confidence in the deal, saying "these types of mergers bring great bene... [Full Article...]

Gender pay gap will take 100 years to close, says campaign group

Gender pay gap will take 100 years to close, says campaign group It's Equal Pay day so, obviously, everyone is talking about the gender pay gap . The groups call for "significant action from Government, businesses and society". Under new government rules, all companies with more than 250 employees will have to report their gender pay gaps by April 2018. Breaking down the pay gap between extremely high male and female earners provides us with interesting, a... [Full Article...]

Breakfast at Tiffany's is now a reality

Breakfast at Tiffany's is now a reality Rashbaum first saw the film when he was 9 and has since dreamed of re-creating its classic breakfast scene. According to VF, the café will be situated on the fourth floor, allowing you unbelievable views of Central Park while you eat your croissants and sip on your Tiffany's coffee. [Full Article...]

Uber to Make Flying Taxis

Uber to Make Flying Taxis While the ride-hailing service and the USA space agency may seem like an odd couple, the relationship is necessary in order to keep everything running smoothly when Uber ultimately takes to the skies. "To solve the problem of soul-destroying traffic, roads must go 3-D, which means either flying cars or tunnels". Now, Los Angeles has been added to the list. [Full Article...]


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