Money

Crude Traders Watching US Dollar

Crude Traders Watching US Dollar Output from the Gulf of Mexico surged and North Dakota, where most of the Bakken shale lies, pumped the most since August 2015. That the outlook for 2018 has yet to come into focus a mere five weeks into the year is what is prompting OPEC and its partners in the output agreement to declare for now that they intend to maintain the cuts as scheduled through the end of the year. [Full Article...]

YouTube TV App Now Available for the Apple TV

YouTube TV App Now Available for the Apple TV Roku, a series of streaming players is the latest platform to receive an actual big-screen YouTube TV app's compatibility. YouTube Go first launched last April in India before expanding to 13 more countries and attracting millions of downloads. [Full Article...]

Herberger's closing Twin Cities' store that many never knew about

Herberger's closing Twin Cities' store that many never knew about Associates will be able to interview for positions at other store locations. Five Carson's stores in IN are closing their doors, including the Circle Centre Mall location in Indianapolis. The downward spiral has put Bon-Ton on several lists that speculate on possible bankruptcy filings this year. It had previously announced a closure of five stores, in Maryland, Michigan, New York, Vermont and... [Full Article...]

Harley-Davidson says it will launch an electric motorcycle in 2019

Harley-Davidson says it will launch an electric motorcycle in 2019 World Fuel Services Corporation (INT ) pulled off a 0.25 percent gain and now trades for $27.71. The projected growth estimate for the next quarter is 22.9 percent. 159.80 million shares or 4.22% more from 153.33 million shares in 2017Q2 were reported. The company also has 10.09 billion in total assets, balanced by 8.23 billion in total liabilities, which should give you a sense of the viability... [Full Article...]

Fallout continues over Steve Wynn sexual misconduct allegations

Fallout continues over Steve Wynn sexual misconduct allegations The Wall Street Journal reported Friday that a number of women said they were harassed or assaulted by Wynn , the chairman and CEO of Wynn Resorts . Steve Wynn has also denied the allegations and claimed that the allegations are all part of a ploy by his former wife. "I don't think we should have a double standard for ourselves". [Full Article...]

Pete King: Russia Memo May be Released in 10 Days

Pete King: Russia Memo May be Released in 10 Days A secret memo written by Republicans from the House Intelligence Committee either reveals "shocking" spying abuses by the FBI and Justice Department, or it's just a Republican-created distraction away from the ongoing Russian Federation investigation, just as the probe moves closer to President Trump . [Full Article...]

U.S. to make final ruling in Bombardier imports row

U.S. to make final ruling in Bombardier imports row International Trade Commission ruling. The U.S. aerospace giant launched its challenge a year ago and was expected by some trade lawyers to prevail despite sharp criticism from overseas lawmakers and analysts of its pursuit of a case that drove Montreal-based Bombardier , a smaller, weaker competitor, into a deal with Airbus SE . [Full Article...]

$530 million lost due to hacking at Japan cryptocurrency exchange

$530 million lost due to hacking at Japan cryptocurrency exchange But the operational halt only grew bigger, and the startup subsequently froze all withdrawals, including in yen denominations, at 4:33 p.m. According to now available information, the hacker (s) stole only NEM tokens, a recently launched cryptocurrency , ranked the tenth digital currency in the world, based on market cap. [Full Article...]

SpaceX static fires Falcon Heavy rocket

SpaceX static fires Falcon Heavy rocket The official NASA Twitter and other accounts run by US agencies have tweeted that they're on hiatus during the government shutdown . It will return to the seaside launch complex, the former departure point for NASA's Saturn 5 moon rocket and space shuttle missions, ahead of the target launch date . [Full Article...]

Cruise passenger dies after balcony fall

Cruise passenger dies after balcony fall The company says rescue efforts for the missing woman have been under way. At the time the ship was sailing from its homeport of New Orleans to the first port of call of Cozumel, Mexico. The Carnival Elation was nearing Freeport, Bahamas, when the accident happened during a cruise from Jacksonville. The Valor and Carnival Glory, which will be replacing the Carnival Dream in New Orleans , will... [Full Article...]

Morgan Stanley Reports Q4 Earnings Beat

Morgan Stanley Reports Q4 Earnings Beat That compares with a loss of $125 million, or 68 cents per share, at the end of 2016. The insider now holds 160,335 shares of Morgan Stanley (MS). For the year, profit was $5.75 billion, or $6.14 per share. equities research analysts forecast that Morgan Stanley will post 3.58 earnings per share for the current fiscal year. There were 67 sold out positions, amounting to 2.82 million shares. [Full Article...]

Amazon Raising Month Price of Prime Service

Amazon Raising Month Price of Prime Service If you choose to be charged on an annual basis, you will be charged $99. The monthly payment option was introduced less than two years ago as a way to attract new Prime members who either couldn't afford the annual fee or preferred a month-to-month commitment, according to Recode . [Full Article...]

New rates for 29 goods and 53 services under GST: Arun Jaitley

New rates for 29 goods and 53 services under GST: Arun Jaitley Mandatory Issuance of inter-state e-waybill from next month is an anti-evasion measure that the government has introduced and it is important that the platform provided to businesses is robust to provide hassle free compliance of the e-way bill process, he said. [Full Article...]

Lynn's out, Revere and Boston are still in the Amazon HQ sweepstakes

Lynn's out, Revere and Boston are still in the Amazon HQ sweepstakes Epps said he and the rest of the city are "ecstatic" about Philadelphia being named a finalist , and expected to see most of the other cities that also made the cut. Looking at Amazon's headquarters in Seattle , the campus is credited for adding $38 billion to the local economy between 2010 and 2016. Of the 20 finalists , 13 including New York , Chicago, and Miami declined requests from ... [Full Article...]

How major USA stock indexes fared on Wednesday

How major USA stock indexes fared on Wednesday The S&P 500 gained 0.9 percent, with staples and tech rising more than 1 percent. The reversal took place as concerns of a government shutdown loomed over investors' minds. Republicans were trying to pass a funding bill that would prevent the shutdown of federal agencies, but Democrats threatened to vote against the bill unless the White House and GOP lawmakers include protections for younger im... [Full Article...]

The full statement from the Bank of Canada

The full statement from the Bank of Canada In sounding a cautious tone on the future of the North American Free Trade Agreement as it raised rates for the third time in seven months, taking borrowing costs to their highest level since 2009, the bank accomplished the so-called dovish hike that many analysts had predicted. [Full Article...]

Crude Oil Steady Ahead Of Inventories

Crude Oil Steady Ahead Of Inventories Brent crude , the global benchmark for oil prices, rose to $70.37 on Monday, while U.S. WTI marked a December-2014 peak of $64.89 a barrel on Tuesday. Goldman Sachs is not ready to raise its $62 target on Brent and $57.50 forecast for US crude in 2018, but says there's a growing risk that global inventories will fall too quickly and push up prices. [Full Article...]

Citi takes big $22bn Trump tax hit but beats underlying earnings expectations

Citi takes big $22bn Trump tax hit but beats underlying earnings expectations Citi blamed the loss on a $22bn one-off hit incurred by the US Tax Cuts and Jobs Act, passed into law by President Trump just before Christmas. "Tax reform not only leads to higher net income and increased returns, but also serves to strengthen our capital generation capabilities going forward". [Full Article...]

Walmart is raising its minimum wage and handing out tax cut bonuses

Walmart is raising its minimum wage and handing out tax cut bonuses Business Insider reported at least 63 Sam's Clubs either closed abruptly today or are slated for shutdown in the coming weeks. In some cases, employees learned of the closures only Thursday when they showed up for work and found the store shut, according to local news reports in Texas and some other states . [Full Article...]

Airbus could abandon A380 superjumbo jet production amid lackluster sales

Airbus could abandon A380 superjumbo jet production amid lackluster sales Reports circulated before the Dubai Air Show in November that a major A380 sale would be coming. "Quite honestly, if we can't work out a deal with Emirates there is no choice but to shut down the program", he said. private equity firm Indigo Partners. Leahy bagged 1,109 net orders , with 841 of those coming in December. Airbus's best-seller by far was the A320 line, versions of which can carr... [Full Article...]


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