Money

by | October 07, 2016 | 08:16

Walmart and Jet.com.com will remain separate brands from a front-end perspective, and the recent acquisition won't have any appreciable impact on the upcoming holiday season, said David Spitz, CEO of ChannelAdvisor. business. Until Wal-Mart shows clearer signs that it can (profitably) become a viable number two player to Amazon in the e-commerce world, it's hard for me to get excited about the business.

by | October 07, 2016 | 08:15

In 2016, only 19 tech companies went public and they were collectively valued at only $3.3 billion, according to the Wall Street Journal . It could happen as soon as March, and it would be the biggest IPO in the USA since Alibaba's $168 billion bow in 2014.

by | October 06, 2016 | 08:16

Japan's Nikkei closed up 0.5 percent, aided by a weaker yen. The S&P 500 is up 106.55 points, or 5.2 percent. Asian shares and gold retreated on Wednesday and bond yields were near two-week highs after markets were rattled by a report flagging the possible withdrawal of global stimulus measures.

by | October 06, 2016 | 08:14

Troubled Deutsche Bank received a stern warning from a top official of the International Monetary Fund that it must prove to investors that it has both the assets and an effective business model to survive a massive U.S. The finance ministry say during his four-day travel overseas, Shaw will also attend the Commonwealth Finance Ministers Meeting, and the Joint Meeting of the Committees of the Boards of Governors of the Inter-American Development Bank and the Inter-American Investment ...

by | October 05, 2016 | 00:22

How will Pence respond to Trump's troubles? He's been helped by Wisconsin Gov. Scott Walker and an aide said he was "more than ready" to answer attacks on the GOP nominee over his taxes. The right VP candidate can't gain the ticket many votes, but the wrong one can cost it a few. He has talked about quiet moments of prayer and reflection with Trump.

by | October 05, 2016 | 00:16

Total sales exclude autos, gasoline and restaurant sales. "We have a lot more people working this year". Seasonal employment is also likely to increase between 640,000 and 690,000, an estimate not distant from the 675,300 new holiday positions that were created in 2015, says the NRF.

by | October 05, 2016 | 00:11

Federal Reserve's next policy move. FACTORY GAUGE: A monthly USA manufacturing index rebounded, sending the dollar higher as investor expectations rose that Fed policymakers will hike interest rates again as the economy strengthens. However, investors weren't spooked by the March date, leaving London's FTSE 1.22% higher Monday, while France's Cac gained 0.12%. JAPAN PRICES: Companies cut their outlook for inflation to 0.6 percent over the next year, the fifth reduction in a row, the Bank ...

by | October 05, 2016 | 00:10

This will give Facebook a tremendous advantage over other classified ads sites such as Craiglist and peer-to-peer online marketplaces such as eBay . If you find something you like, you can send the seller a direct message and make an offer. " Facebook does not facilitate the payment or delivery of items in Marketplace ", Facebook says.

by | October 04, 2016 | 01:18

The rebound in Deutsche Bank shares was helped by Cryan's comments and a belief that Deutsche Bank's problems are not a Lehman Brothers moment, or serious enough to cause the German bank to fail and cause systemic risk to the global financial system.

by | October 03, 2016 | 07:21

Trump has refused to drop his invective against former Miss Universe Alicia Machado , after he criticized her for gaining weight after she won the crown in 1996. On Capitol Hill, GOP lawmakers urged Trump this week to stay away from former President Clinton's affairs. That referred to 1996 Miss Universe Alicia Machado , a Venezuela-born woman whose weight gain he has said created awful problems for the pageant he formerly owned.

by | October 02, 2016 | 09:56

US stocks fell sharply on Thursday amid choppy trading as banks took a beating due to declines in Deutsche Bank (DBKGn.DE) and Wells Fargo (WFC.N), whose chief executive was rebuked by lawmakers for his handling of sales abuses. That's after OPEC sources said the group reached a deal to cut its oil production for the first time since 2008. Procter & Gamble rose 1.4 percent, the biggest gain in the Dow Jones industrial average .

by | October 01, 2016 | 00:34

Nissan's chief executive Carlos Ghosn has been most outspoken saying he is considering halting new investment in Britain unless he gets a government pledge of compensation if there are import taxes imposed by Europe on UK-built cars after Brexit.

by | October 01, 2016 | 00:30

You have now viewed your allowance of free articles. Those gains come as investors suspect the Bank of Japan has reached a practical limit in stimulus and has lost clout in cheapening the yen. While the gains for oil prices have slowed, investors were still optimistic that energy companies will book larger profits as a result. Apple fell 1.55 percent after Barclays cut its price target.

by | October 01, 2016 | 00:26

If Decker is indeed out, the Jets will be relying heavily on Marshall and Quincy Enunwa at wide receiver. His official playing status for Week 4 against the Seattle Seahawks has yet to be announced. Revis responded: "I never seen a man before run his mouth so much like [a] girl". Newly acquired tight end Austin Seferian-Jenkins , cut last week by the Tampa Bay Buccaneers following a DUI arrest, has receiving skills, but he probably won't be ready to play by Sunday.

by | September 30, 2016 | 11:44

The deal includes a $6,000 signing bonus plus another $6,000 in lump-sum payments that will be paid out in $2,000 increments in years two, three and four of the contract. GM workers have voted in favour of a contract that will see the firm invest $554 million in the carmaker's Canadian operations, including the assembly of vehicles in Oshawa.

by | September 29, 2016 | 00:58

It's also a reflection of the firestorm that is engulfing Wells Fargo , which was fined $185 million earlier this month for the fake accounts. Wells Fargo said Tolstedt, who has left the company ahead of her scheduled year-end retirement, has agreed not to exercise those options as independent directors carry out a newly-announced investigation into the scandal.

by | September 27, 2016 | 01:06

Twitter and Disney were not immediately available for comment. Indeed, many questions and few answers for now, however at least as of this moment, the market is rewarding Twitter (NYSE:TWTR) while punishing DIS... Twitter has in recent months showed a slump in stock prices and a problem in attracting new advertising revenue, something the Disney company would be able to help with.

by | September 26, 2016 | 01:35

Wells Fargo & Co chief executive officer John Stumpf resigned from the Federal Reserve's Federal Advisory Council as U.S. lawmakers stepped up pressure after revelations that the bank's employees had opened two million allegedly bogus client accounts.

by | September 25, 2016 | 00:33

Wading through the various scandals and allegations against Bill and Hillary Clinton this election season can be a full time job (in fact, it kind of is my full time job) but the incestuous relationship between the Clinton Foundation, Clinton Global Initiative and the Hillary Clinton State department still deserves much more attention than it has already been given.

by | September 25, 2016 | 00:26

He "appeared to be confused and paranoid", police said in the report , and his girlfriend told officers he was acting "crazy". Police said the man in custody, who has not been identified, is the suspect dubbed "The Aviator" this week by the Federal Bureau of Investigation.

by | September 23, 2016 | 02:12

In other states, Tesla sells its vehicles directly to consumers, but that is illegal under MI law, which requires a dealer to have a contract with an auto manufacturer. Tesla Motors Inc. took its battle for the right to sell and service cars to the home turf of General Motors and Ford, suing the state of MI to overturn a ban on its direct-to-consumers business model.

by | September 23, 2016 | 02:02

Meanwhile, almost two years of low crude-oil prices have hit Maersk's energy unit hard. A decision will be made within two years but the company isn't looking to spinoff all four businesses, the company said on a call after the announcement.

by | September 22, 2016 | 05:44

A look at performance overview of Occidental Petroleum Corporation depicts that Performance (Week) is -4.09 percent while Performance Month is -6.99%. On a consensus basis, analysts are anticipating the company to post earnings per share of $-0.07 for the current quarter. Analysts had estimated an EPS of $-0.14.

by | September 19, 2016 | 01:16

Koh Dong-jin, Samsung's mobile president, an investigation revealed a "tiny error" in pouch-shaped batteries in the Note 7s which increased the risk of over-heating. "We did not meet the standard of excellence that you expect and deserve", said Tim Baxter, president of Samsung Electronics America, in a video released by the company.

by | September 17, 2016 | 00:55

The shortfall is believed to have related to profits earned from Japanese payments to Apple's iTunes unit - profits from the unit were transferred to Apple's Irish operation. Commissioner Margrethe Vestager, in charge of competition policy, said: "Member States can not give tax benefits to selected companies - this is illegal under European Union state aid rules".

by | September 17, 2016 | 00:48

Obama said . "But instead of holding a candid dialogue behind closed doors with President Obama, Netanyahu went behind his back to deliver a speech to Congress , shaking the foundations of bipartisan support for Israel and dividing Jewish opinion".

by | September 14, 2016 | 00:30

Menachem Begin, who evacuated all of Israel's settlements in Sinai as a part of a peace agreement, and Ariel Sharon, who unilaterally removed all the settlements from the Gaza Strip and a handful in the northern West Bank, made a sovereign decision to do so out of national security considerations.

by | September 11, 2016 | 01:35

Expectations are for the Fed to hold rates unchanged despite another round of strong labor market data on Thursday. Policymakers made no any changes to the ECB's ultra-loose monetary policy, keeping its asset-buying policy steady at 80 billion euros (S$121.17 billion) per month and holding eurozone borrowing costs at record lows.

by | September 10, 2016 | 01:39

Brent crude was down $1.73 at $48.26 a barrel by 1:24 p.m. ET (1824 GMT) after rising above $50 for the first time in two weeks on Thursday. Oil prices are likely to stay around current levels "for the next two years", said Christoph Ruehl, chief economist at the $800-billion Abu Dhabi Investment Authority.

by | September 10, 2016 | 01:36

However, in August, the unemployment rate increased 0.3 percentage points to 6.7 per cent, as more people searched for work. The jobless rate has risen steadily since the start of the year, it was at 5.8 per cent in January and quickly rose from there.

by | September 08, 2016 | 01:12

We can expect the dollar to continue trading higher against other major currencies for quite some time, more so now since Yellen had confirmed of a strengthened case for United States rate hikes, improvement in the labor market and higher chances for a solid economic growth.

by | September 08, 2016 | 00:59

Over the three months, they detracted 0.2 percentage points from GDP with stronger-than-expected government spending the savior as public investment grew by 15.5% quarter-on-quarter. Public spending on capital projects jumped by 34 per cent in the quarter but this was not almost enough to offset a 13 per cent fall in public spending.

by | September 07, 2016 | 02:58

Ayton is expected to only play one season in college before heading to the National Basketball Association, telling Scout.com earlier this year he wants to "Get a nice little (NCAA) championship ring to leave with". If Ayton stays true to his word and plays at least a year at Arizona, it will be a huge coup for a Wildcats program that has been on cusp of a Final Four under Sean Miller but has not yet been able to break through.

by | September 02, 2016 | 00:43

According to the FAA's new rules, formally known as Part 107 (PDF), which govern commercial flights of small unmanned aircraft, all drones being used for business purposes in the US must be registered with the FAA and weigh up to 55 pounds (25 kilograms).

by | September 02, 2016 | 00:44

All India Trade Union Congress (AITUC) said preparations in industrial areas and various sectoral sections of formal and informal economy are all prepared for making this action as "grand protest of working class" against the anti-labour policies of the Centre.