Finance

IBM Signs 10-Year Research Partnership for AI with MIT

IBM Signs 10-Year Research Partnership for AI with MIT MIT President L. Rafael Reif says the new AI lab builds on a decade long research relationship between IBM and MIT. The investment in the MIT-IBM Watson AI Lab will support more than 100 scientists, professors and students in pursuing joint research at IBM's research lab in Cambridge in the U.S. [Full Article...]

Iowa Students Disciplined For Posting Photo Wearing KKK Hoods With Burning Cross

Iowa Students Disciplined For Posting Photo Wearing KKK Hoods With Burning Cross Trey Cheers, a 2017 graduate of Creston Community High School, told the World-Herald the photo was sent to him by a friend, who received it from the student who took it. Those pictured were not on school ground, and expressive speech is prevailingly protected speech if it does not explicitly target someone. There is no one who is targeted as far as we can see. [Full Article...]

Putin condemns North Korea's nuclear test, calls for talks

Putin condemns North Korea's nuclear test, calls for talks The South Korean President said that Putin and Chinese President Xi Jinping "are the only leaders who can stop North Korea's provocations", Yoon Young-chan added. The news comes as the USA has called on the United Nations to slap an oil embargo on North Korea and freeze assets of leader Kim Jong-un. President Trump also threatened he could cut trade with all countries that do business with ... [Full Article...]

Four more THAAD launchers ready for deployment in South Korea

South Korea's defense ministry said Wednesday that the USA military will install the four additional THAAD launcher early Thursday morning. There are now two THAAD launchers in operation at the Seongju base. The announcement came three days after North Korea claimed to have successfully tested a hydrogen bomb, jolting not only South Korea and the USA but also its ally China. [Full Article...]

Hewlett Packard Enterprise Company (HPE) Lowered to "Sell" at Zacks Investment Research

Hewlett Packard Enterprise Company (HPE) Lowered to Hewlett Packard Enterprise (NYSE:HPE) previously released its fiscal periodic earnings information on early Tue, Sep 5th. The stock has advanced 14.86% to a low over the previous 12 months and showed declining move -7.35% to a high over the same period. [Full Article...]

Gas Prices Could Keep Climbing

Gas Prices Could Keep Climbing The average price for a gallon in the Austin-San Marcos area is $2.57, up from $2.23 last week. Last year's gas price in the Harrisburg area on September 5 was $2.25 per gallon, $2.41 in 2015, $3.39 in 2014, $3.60 in 2013 and $3.76 in 2012. [Full Article...]

Fed's rate hikes may be doing real harm to USA economy - Kashkari

Fed's rate hikes may be doing real harm to USA economy - Kashkari Yet she seized on the fact that core US price readings have sagged for five straight years. The "core" global growth outlook is much improved compared with two years ago, Fed Governor Lael Brainard said Tuesday. According to Reuters , her comments at the Economic Club of NY lowered yields in U.S. bond markets and expectations of a rate hike in September. An influential policymaker has noted t... [Full Article...]

Gary Cohn's Hope of Becoming the Next Fed Chair Fade

Gary Cohn's Hope of Becoming the Next Fed Chair Fade Two sources reported that Trump remained upset with Cohn, a former Goldman Sachs president, for criticizing his response to the violence sparked by a white supremacist rally in Charlottesville, Virginia, in August. When Trump first blamed " both sides " for the violence in Charlottesville at a "Unite the Right" rally attended by white nationalists, Cohn stood silent. [Full Article...]

Redrow plc (RDW) Receives "Overweight" Rating from JP Morgan Chase & Co

Redrow plc (RDW) Receives Numis Securities maintained the shares of GNS in report on Thursday, September 7 with "Hold" rating. The stock has "Buy" rating by Beaufort Securities on Wednesday, May 18. Apogee Enterprises Inc (NASDAQ:APOG) was raised too. The firm has "Hold" rating by TheStreet given on Friday, October 16. Therefore 42% are positive. [Full Article...]

Category 5 hurricanes a rare hazard for continental United States

Category 5 hurricanes a rare hazard for continental United States While Scott is urging Florida citizens to seek cover, one local sheriff has caused an uproar after he threatened to arrest those who showed up to shelters and had outstanding warrants, according to Newsweek . Mexico has issued a hurricane watch for a portion of the coast. The National Weather Service tweeted that the capital, San Juan, should brace for winds up to 80 mph as the storm, w... [Full Article...]

Which Analysts Are Watching General Electric Company (NYSE:GE)?

Which Analysts Are Watching General Electric Company (NYSE:GE)? Hays Advisory LLC now owns 7,461 shares of the conglomerate's stock valued at $222,000 after purchasing an additional 810 shares during the last quarter. Morgan Stanley maintained it with "Equal-Weight" rating and $26 target in Tuesday, July 25 report. Cleararc Capital holds 200,095 shares. The rating was downgraded by Drexel Hamilton on Monday, October 24 to "Hold". [Full Article...]

Hurricane Harvey economic losses could reach $90 billion

Hurricane Harvey economic losses could reach $90 billion About 37,000 refugees stayed overnight in 270 shelters in Texas plus another 2,000 in seven Louisiana shelters, the highest number reported so far by the American Red Cross. "We are with you today, we are with you tomorrow, and we will be with you EVERY SINGLE DAY AFTER, to restore, recover, and REBUILD!" Republican lawmakers, who control both houses of Congress, have traditionally resisted rais... [Full Article...]

Wall Street is leaded by North Korea and disrupted by Irma

Wall Street is leaded by North Korea and disrupted by Irma September E-mini Dow Jones Industrial Average futures finished last week higher, putting the market in a position to challenge the all-time high. S&P 500 futures slipped 6.25 points to 2,468.00 in holiday-shortened trade. This September could be particularly nail-biting as Wall Street may face a rough ride if there is a showdown in Washington over the US budget and the federal debt ceiling. [Full Article...]

The Walt Disney Company (The) (DIS) Receives Buy Rating from UBS AG

The Walt Disney Company (The) (DIS) Receives Buy Rating from UBS AG About 3.02 million shares traded. Walt Disney Co (NYSE:DIS) has risen 9.26% since September 6, 2016 and is uptrending. Based on the latest notes released to investors, 7 analysts have issued a rating of "buy", 10 analysts "outperform", 11 analysts "hold", 1 analysts "underperform" and 1 analysts "sell". [Full Article...]

Amazon.com, Inc. (AMZN) Accused Of Price Gouging As Irma Approaches

Amazon.com, Inc. (AMZN) Accused Of Price Gouging As Irma Approaches Local drivers saw the price of gas increase last week as refineries around the Gulf of Mexico were impacted by Hurricane Harvey, and now that South Carolina Gov. The Better Business Bureau processed complaints in the aftermath of Hurricane Matthew previous year about stores that would not take back items in an attempt to make up for their own losses, said Holly Salmons, president and CEO of the Be... [Full Article...]

Gap to close around 200 stores, open more Old Navy and Athletas

Gap to close around 200 stores, open more Old Navy and Athletas So far 13,872,065 shares have been traded. Gap , Inc. has a 1-year low of $21.02 and a 1-year high of $30.74. The firm's quarterly revenue was down 1.4% on a year-over-year basis. (The) from a "strong-buy" rating to a "buy" rating in a research report on Friday, June 2nd. Therefore 15% are positive. Gap already closed 175 of its stores in 2015. [Full Article...]

Muted global cues throws Sensex off 160 points

Muted global cues throws Sensex off 160 points The markets came under pressure in sync with global indices which were faltering on Wednesday. "European indices like FTSE 100, DAX and CAC 40 traded lower", he added. CLSA has retained its sell rating with target price of Rs 370, saying the worrying trend is ex-Taro EBIT margins are on constant decline that collapsed to as low as 5 percent in Q1FY18. [Full Article...]

Apple IPhone 8 Scheduled for September 12 Launch

It was later suggested that the Apple iPhone 7s was going to be released alongside the Apple iPhone 8 . This immediately raises the question of, how will people access the voice assistant Siri? Apple's iPhone 8 is going to have a super-fast infrared scanner with a facial recognition software to unlock the phone. [Full Article...]

Lego to cut 1400 jobs after decline in sales

Lego to cut 1400 jobs after decline in sales He would seek a return to a leaner and more efficient organisation to respond to "losing momentum. which we think could ultimately lead to stagnation or even decline". Revenue dropped 5 percent in the first six months of the year, to $2.4 billion, mainly as a result of weaker demand in key markets like the USA and Europe, where sales had risen strongly for years. [Full Article...]

94% of U.S. tap water contaminated by plastic fibers

94% of U.S. tap water contaminated by plastic fibers Another scientist, Sherri Mason, a microplastics expert at the State University of NY in Fredonia who supervised the analyses, said studies of wild animals have already raised concerns. A study earlier this year found dashes of microplastic particles in sea salt . A study in Germany found microplastics in dozens of beers, honeys and sugar. [Full Article...]


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