Markets

by | July 18, 2019 | 10:12

Eight people have been hospitalized. Early epidemiologic and traceback information point to ground bison products as the likely source of the outbreak . People infected with pathogenic E. coli can start to notice symptoms anywhere from a few days after consuming contaminated food or as much as nine days later.

by | July 18, 2019 | 10:13

Bank of America (NYSE: BAC ) posted profit that exceeded analysts' expectations on strength in its sprawling retail arm. Higher interest rates have boosted banks' performance since the Fed started raising them in late 2015. Growth in the consumer business helped offset softness in market revenue and Wall Street businesses. Net income applicable to common shareholders rose to $7.11 billion, or 74 cents per share, in the second quarter ended June 30 from $6.47 billion, or 63 cents per ...

by | July 18, 2019 | 05:28

Gulf of Mexico this season. Accordingly, Brent on Wednesday declined 69 cents , or 1. 1 percent , to settle at $63.66 per barrel; West Texas Intermediate fell 84 cents, or 1.5 percent, to settle at $56.78 per barrel. Barry, which came ashore on Saturday in central Louisiana as a Category 1 hurricane, prompted oil companies to shut almost 74 percent of production at U.S.

by | July 18, 2019 | 04:25

Brandi Dean, a NASA public affairs officer, confirmed with the Johnson Space Center's food lab that the hot dog was present on the Apollo 11 mission. Over at 7-Eleven, you can get Big Bite hot dogs for just ONE DOLLAR, while Philly Pretzel Factory is selling pretzel dogs for just $1 throughout the entire day.

by | July 18, 2019 | 04:23

In return, Trump backed off his threat to impose additional tariffs on Chinese goods and even greenlit the sale of technology to Chinese tech giant Huawei in spite of national security concerns. US and Chinese trade negotiators spoke by phone last week, and US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing "in the very near future", Navarro said last week.

by | July 18, 2019 | 04:08

Facebook once again faced intense questioning from United States lawmakers over the future launch of its cryptocurrency project Libra, in a combative hearing that highlighted deep skepticism over the tech firm's possibly entering the banking world following a slew of privacy scandals.

by | July 17, 2019 | 22:21

This is because in the last decade house prices have climbed faster than earnings - creating an affordability gap. According to the report, the average detached house in London has fallen in value by 6.1 percent in the year to May. Gareth Lewis , commercial director of property lender MT Finance, said: "The South West (where prices increased by 2.6% annually) and North West have shown reasonable growth over the past year and are propping up United Kingdom average property prices".

by | July 17, 2019 | 19:24

It was the worst level for the pair since December 2018. GBP/CAD Exchange Rate Steadies as UK Inflation Data Holds at 2% The Pound failed to make any against against the "Loonie" following the release of the UK year-on-year inflation data for June.

by | July 17, 2019 | 18:33

AMP said on Monday that the Reserve Bank of New Zealand (RBNZ) would probably not support the sale - which had been opposed by some of the company's shareholders - to London-based Resolution Life unless it agrees to "ring-fenced" assets for New Zealand policyholders.

by | July 17, 2019 | 10:37

Musk said the goal was to make adding the brain-enhancing implants as easy a procedure as laser eye surgery. The company has created flexible "threads" that can be implanted into the brain without causing damage like existing techniques. They foresee a future when having these devices implanted - a process that now requires drilling small holes in the skull - will be as simple and low-risk as a Lasik procedure.

by | July 17, 2019 | 07:52

On the other hand, the company's Model 3, Model X, and Model S cars have gone through some transformations as well. The company also removed two vehicles from its USA product lineup and adjusted the prices of other vehicles in the lineup, according to Reuters .

by | July 17, 2019 | 03:41

Republican and Democratic Senators sharply questioned Facebook Inc.'s plan to create its own digital money, adding to a chorus of skepticism across Washington and underscoring the challenges the company faces in getting its cryptocurrency off the ground.

by | July 17, 2019 | 02:42

Oil explorers and refiners along the Gulf coast, meanwhile, are returning employees after the former Hurricane Barry shuttered nearly three-quarters of output over the weekend. China's crude oil throughput rose to a record of 13.07 million barrels per day in June, up 7.7 per cent from a year earlier, following the start-up of two new, large refineries, official data showed on Monday.

by | July 17, 2019 | 00:29

Revenue in Goldman's money-management arm, its smallest division, fell 14% from a year ago, when it pocketed a higher-than-usual share of profits from private-equity and hedge-fund investments it oversees. Zacks Investment Research upgraded Goldman Sachs Group from a "sell" rating to a "hold" rating and set a $207.00 price objective for the company in a report on Tuesday, June 25th.

by | July 16, 2019 | 19:48

U.S. District Judge Vince Chhabria in San Francisco ruled Monday that the $75 million portion of the March verdict meant to punish the company was too high based on a legal precedent that punitive damages shouldn't be more than four times bigger than compensatory damages.

by | July 16, 2019 | 16:23

Direct billing services (DCB) allow third parties to sell digital content like games and ringtones and charge customers directly to their phone bill, often without their knowledge or consent. The mobile service provider charged subscribers for ringtones, games and other digital content provided by third parties between January 1, 2013 and March 1, 2018.

by | July 16, 2019 | 16:14

Over the weekend, a copy of the proposed legislation drafted for discussion by the Democratic majority heading the House Financial Services Committee began circulating the web. After the Libra coin has aroused massive objections from bankers and lawmakers around the globe, the US Congress has chose to go even further than merely demanding harder regulations for the Facebook's threat to banks.

by | July 16, 2019 | 15:41

In April as it reported quarterly results, Facebook said it was setting aside $3 billion in anticipation of a fine. Activists and Democratic lawmakers blasted the Federal Trade Commission's $5 billion fine against Facebook as "chump change" and lambasted the agency's settlement as toothless.

by | July 16, 2019 | 15:39

And, on top of the deals, when you spend $40 in Prime Pantry, you get $10 off. "That's telling you that consumers are definitely in the buying mode but are not 100% loyal to Amazon ", he said. PlayStation and Xbox consoles are getting some great deals and Nintendo Switch games are facing rare discounts. Wellness items like lotions, oils and vitamins are on sale part of Prime Day .

by | July 16, 2019 | 15:38

The sanctions were adopted by the member states' ambassadors on Monday morning, in order to be rubber-stamped by the EU's foreign affairs ministers in the afternoon. The Turkish foreign ministry said Ankara was protecting its rights over its continental shelf and the equal rights of Turkish Cypriots over hydrocarbon resources.