Stories about Finance

Feb 22 2018

Jeff Bezos Shows Off His Latest Project: a 10000-Year Clock

The clock will activate once a year on a pre decided date at solar noon, adds Bezos. The vision was, and still is, to build a Clock that will keep time for the next 10,...

Feb 21 2018

Euro zone business growth lost some steam in February but still robust

Adding to suggestions that the strong euro may be having an effect, the export orders index - which does include trade within the bloc - fell to a seven-month low of 56.8...

Feb 21 2018

Guess Co-Founder Steps Down After Kate Upton's Sexual Abuse Claims

Marciano has denied Upton's allegations but has agreed to step down from the company pending completion of an investigation. He has relinquished his day-to-day responsi...

Feb 21 2018

F-16's Engine Catches Fire Over Japan; No Injuries Reported

F-16 fighter plane stationed at Misawa Air Base is seen on February 20, 2018, at Lake Ogawara in Aomori Prefecture. Citing reports from the us military , Japanes...

Feb 21 2018

JPMorgan reveals plans for new Park Avenue headquarters

The new space will have room for over 15,000 employees. The project, which is expected to start construction next year and take five years to finish, will replace an "out...

Feb 21 2018

Proposed opening of coal sector to private players: Angel Broking

Cabinet Committee on Economic Affairs ( CCEA ) approved methodology for the auction of coal mines/blocks for sale of coal under the Coal Mines (Special Provisions) Act,...

Feb 21 2018

Uber targets daily SEPTA commuters with new ride-share option

Asked whether the company had contacted Metro about the new service in Los Angeles and how it could fit in with the agency's transit goals, Uber spokesperson Stephanie Se...

Feb 21 2018

Applied Materials, Inc. (AMAT) Holdings Decreased by Sentry Investment Management LLC

Hbk Ltd Partnership holds 0.1% or 234,329 shares in its portfolio. The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 6.05%, an...

Feb 21 2018

Focusing the Lens on Pacific Ex-Japan MSCI Ishares (EPP) Shares

A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The CCI was developed by Donald Lambert. Vivus Inc ...

Feb 21 2018

AT&T announces first 3 cities for mobile 5G launch

AT&T, one of the largest mobile networks in the U.S., today announced its plans to roll out mobile 5G network to customers in a dozen cities, including parts of Dallas,...

Feb 21 2018

Gold hits 1-week low on strong dollar; Fed minutes awaited

Shares of Walmart Inc slumped 10.2 percent after the company reported quarterly results that showed a sharp drop in online sales growth during the holiday period. A $28 b...

Feb 21 2018

Walmart holiday-quarter profit drops, online struggles spook investors

Walmart forecast earnings of $4.75 to $5 per share for the current fiscal year on a 2 per cent increase in USA same-store sales . Net sales at Walmart International...

Feb 21 2018

New Zealand's a2 Milk posts record H1 profit on China demand

Fonterra has finally jumped on the A2 bandwagon as the small rival company has grown in strength over the past decade and has just announced one of its strongest profits ...

Feb 21 2018

Amit Shah on Nirav Modi's Davos picture with PM

Although Nalpad was expelled from the party, Shah says the government was dealing with the case in a way fo minority appeasement. "As party president, I would like to a...

Feb 21 2018

BHP's half year profit jumps 25 percent, boosts dividend

The stock decreased 0.14% or $0.02 during the last trading session, reaching $14.44. About 2.05M shares traded. On 16 February 2018, Rosetta Stone Inc. Therefore 75% ar...

Feb 21 2018

Lloyds Banking Group (LLOY) Receives Buy Rating from Shore Capital

In the fourth quarter it set aside £600m to cover the cost of compensating victims of PPI mis-selling, taking the total for the year to £1.65bn, up from £ 1bn in 2016. I...

Feb 21 2018

Woman sums up KFC crisis: 'Av 'ad to go to Burger King'

They tweeted: "It is not a police matter if your favorite eatery is not serving the menu that you desire". "We saw problems coming when they dropped Bidvest for DHL b...

Feb 21 2018

Walmart Online Sales Growth Slows to 23%

Walmart had its worst day in three decades, bond yields inched up again, and the Dow closed down more than 250 points. A surge of TVs, toys, and electronics into its war...

Feb 21 2018

SpaceX's Falcon 9 is ready to blast off with Paz satellite

The primary mission on Wednesday is the launch of the PAZ satellite to low Earth orbit. But a letter sent to the FCC by Patricia Cooper, SpaceX's vice president of sa...

Feb 21 2018

Maharashtra signs MoUs worth Rs4.8 trillion at Magnetic Maharashtra summit

The summit is being held from 18 to 20 February. The focus sectors will be textiles, engineering, food processing, defence manufacturing and MSMEs. Modi admitted that I...