Finance

People Are Less Afraid of Self-Driving Cars, AAA Study Says

People Are Less Afraid of Self-Driving Cars, AAA Study Says Millennials are the most trusting of self-driving vehicles, with only 49 percent (down from 73 percent) reporting that they would be afraid to ride in a self-driving auto. Companies like Waymo are already testing self-driving vehicles on streets in places like Texas, Arizona, California and MI, and that appears to be making drivers anxious: Just 13 percent of survey respondents said they would... [Full Article...]

Oil Reverses Gains As Dollar Jumps

Oil Reverses Gains As Dollar Jumps A day earlier, the greenback tumbled when US Treasury Secretary Steven Mnuchin said he welcomed a weaker currency. "There's been much more heightened sensitivity around oil and the euro, and oil and the dollar over the last couple days", said John Saucer, vice president of research and analysis at Mobius Risk Group. [Full Article...]

Starbucks sales growth disappoints, shares fall

Starbucks sales growth disappoints, shares fall Clovis Oncology, Inc. (NASDAQ:CLVS) has risen 282.71% since January 25, 2017 and is uptrending. Cadence Capital Management LLC's holdings in Starbucks were worth $281,000 at the end of the most recent quarter. Starbucks Corporation's average EBITDA per Share Growth Rate was 4.9 percent during the past 12 months. Deutsche Bank maintained Starbucks Corporation (NASDAQ: SBUX ) rating on Wednesda... [Full Article...]

Meryl Streep joins cast of Big Little Lies season two

Meryl Streep joins cast of Big Little Lies season two After a hugely critically acclaimed first season, HBO met some criticism for following up with a second season, particularly after having marketed the series as a limited run. Streep is set to play the mother of Alexander Skarsgard's character - AKA Kidman's mother-in-law - in season 2. Streep is unlikely to be a regular in the series and will probably just be appearing in season 2, but consi... [Full Article...]

U.S. new home sales fall in December

U.S. new home sales fall in December On a non-seasonally adjusted basis, year-over-year new home sales are up 14.1% nationally. The median sales price was $398,900. In December, 42% of the estimated 43,000 monthly sales were sales for homes priced at less than $300,000. New home sales ended 2017 on a disappointing note, falling 9.3 percent in December from November to 625,000 units at a seasonally adjusted annual rate (SAAR), acc... [Full Article...]

S&P, Nasdaq notch new record highs; Netflix surges 10%

S&P, Nasdaq notch new record highs; Netflix surges 10% Tech stocks were behind the stock market rise. Insurer Travelers provided the biggest boost to the Dow , up 5.32% after the company's profit topped estimates. ENERGY: Benchmark U.S. crude was flat at $64.47 a barrel in electronic trading on the New York Mercantile Exchange. Procter & Gamble fell 3.25% as investors focused on a drop in gross margins at the world's largest consumer goods maker. [Full Article...]

Facebook buys biometric ID verification startup Confirm.io

Facebook buys biometric ID verification startup Confirm.io Before you start thinking that Facebook may start asking you to upload your driver's license, there are other uses for Confirm's technology. Facebook has acquired Confirm.io, a startup that verified government-issued identification for third-party businesses. [Full Article...]

Sounds Like Alexa Is an Eagles Fan! Just Ask Her

Sounds Like Alexa Is an Eagles Fan! Just Ask Her When the Vikings completed an improbable comeback win, some fans called it "Millie's Miracle". Towns, who grew up in New Jersey, said he has been supporting the Eagles throughout his life, mentioning Donovan McNabb, Brian Westbrook and some of the stars that brought the Eagles to Super Bowl XXXIX in 2005. [Full Article...]

Davos Elite Brace for Trump's 'America First' Agenda

Davos Elite Brace for Trump's 'America First' Agenda In another blow to the president , First Lady Melania Trump decided against accompanying him on the trip, with many believing the recent reports of his extramarital affairs having played a part in the decision. "Because I can tell you, Israel does want to make peace and they're going to have to want to make peace too or we're not going to deal with them any longer". [Full Article...]

Fx, stocks ease as European Central Bank seen trying to talk down euro

Fx, stocks ease as European Central Bank seen trying to talk down euro U. S. Commerce Secretary Wilbur Ross, hinted at other measures against China too on Wednesday, saying at the annual Davos meeting that Washington was investigating whether there was a case for taking action over China's infringements of intellectual property. [Full Article...]

Facebook Will Change Your News Feed Just By Asking 2 Questions

Facebook Will Change Your News Feed Just By Asking 2 Questions The survey would ask users whether they're familiar with the news source and if they trust the source or not. Whether or not this two-part questionnaire will do the trick is open to doubt with publishers already up in arms at having their fate decided by a scant survey put in the hands of the same people who have been happily spreading fake news on the platform. [Full Article...]

Meat scandal is a lot worse than Wetherspoon's steak night being cancelled

Meat scandal is a lot worse than Wetherspoon's steak night being cancelled The FSA move followed an unannounced inspection at the Birmingham site of national operator Russell Hume which found "instances of serious non-compliance with food hygiene regulations ". The result of a serious supplier failure, disgruntled customers were surprised to learn that sirloin steak, Aberdeen Angus rump steak and gammon had been dropped from the menu across all 900 Wetherspoons location... [Full Article...]

Tesla shares slip after California crash

Tesla shares slip after California crash That data could prove valuable to investigators with the US National Highway Traffic Safety Administration, who will be examining the crashed auto, Business Insider says. General Motors Co. a year ago began equipping some Cadillacs with its Super Cruise system that allows for going hands-free on the highway. But drivers must still be ready to retake control if the system glitches. [Full Article...]

Donald Trump promises 'tremendous' United Kingdom trade increase

Donald Trump promises 'tremendous' United Kingdom trade increase Optimism about the global economy is widespread at this year's World Economic Forum . "And the president believes that". Seeking to rebut claims of a rift, Trump insisted that he and May are "of the same wavelength, I think, in every respect". [Full Article...]

GE under investigation from United States regulator after $6.2bn charge

GE under investigation from United States regulator after $6.2bn charge The investigation is just the latest hit to the touchstone company, which has been part of the daily lives of average Americans since its 1892 founding in Schenectady, N.Y. Therefore 33% are positive. On Monday, October 23 the stock rating was downgraded by UBS to "Neutral". The stock has "Hold" rating by Wallachbeth on Monday, November 7. [Full Article...]

Macron prepares to woo Davos

Macron prepares to woo Davos Macron said in November he would take all measures necessary to ensure glyphosate would be banned in France as soon as an alternative is available and at the latest within three years. "In terms of trade, we are moving back again towards greater protectionism, greater fragmentation and we are undoing what globalization has been able to achieve", Macron said. [Full Article...]

Does Bgeo Group (LON:BGEO) Look Attractive Now? Berenberg Bank Initiates Coverage

Does Bgeo Group (LON:BGEO) Look Attractive Now? Berenberg Bank Initiates Coverage The Engine segment develops and makes turbochargers; and timing systems, such as timing chains, variable cam timing products, crankshaft and camshaft sprockets, tensioners, guides and snubbers, HY-VO front-wheel drive transmission chains, and four-wheel drive chains for light vehicles. [Full Article...]

Trump tariffs could boost manufacturing, sales of American-made appliances in Ohio

Trump tariffs could boost manufacturing, sales of American-made appliances in Ohio The US trade commission announced on January 22 (local time) that it would impose a 20 percent tariff on the first 1.2 million of imported washing machines, and a 50 percent tariff on washers exceeding the 1.2 million units. A closer Whirlpool plant in Marion builds dryers and refrigerators. For the solar industry, the president approved tariffs for the next four years. [Full Article...]

Here's how Sydney's train strike is effecting this morning's peak hour commute

Here's how Sydney's train strike is effecting this morning's peak hour commute The current strike action is ongoing, and is expected to continue to cause chaos for commuters into the evening. "I have decided that it would be appropriate to suspend the industrial action for a period of six weeks". With trains operating on a Saturday schedule, services on Thursday have been cut by almost half, meaning every 15 minutes rather than every eight. By contrast, the rail bosses r... [Full Article...]

Elon Musk to get paid only if Tesla meets market, operations goals

Elon Musk to get paid only if Tesla meets market, operations goals Musk had 11.5 million shares pledged as collateral as of April 20, a filing shows. Tesla calls it a "10-year CEO performance award". Tesla has unveiled a new 10-year compensation plan for Elon Musk , confirming the company's CEO will stay on in his current position for the foreseeable future. [Full Article...]


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