• Uber's shady 'Hell' program now under FBI investigation
Uber's shady 'Hell' program now under FBI investigation

Reuters reports that the Federal Bureau of Investigation is looking into whether or not Uber used a program, known internally as "Hell", to illegally interfere with a competing ride-share company. Local officials in Portland, Oregon, and Philadelphia confirmed that they were told by federal authorities of the investigation. Uber's attorney...

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  • United Kingdom manufacturing output picks up thanks to auto production
United Kingdom manufacturing output picks up thanks to auto production

The expansion was largely driven by manufacturing output, which advanced 0.5 percent. Compared with the same month past year, manufacturing grew by 1.9%, also above forecast. She remains optimistic, however, that growth should hold up fairly well in the second half of the year, rather than slow. They also bring the official data more into line with...

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  • Uber wants all of its London drivers using EVs by 2025
Uber wants all of its London drivers using EVs by 2025

Uber will attempt to lure the drivers of London's oldest, dirtiest cars to ditch them and use its service instead, by offering drivers of pre-2005 cars a "scrappage" voucher of £1,500 to use Uber rides instead. For other United Kingdom cities, where less electric Uber cars operate already, the 100 percent goal is set for 2022, giving an extra two...

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  • Oil prices rise amid sharp decline in USA output
Oil prices rise amid sharp decline in USA output

Brent for November settlement was up 27 cents at US$54.76 a barrel on the London-based ICE Futures Europe exchange. Both benchmarks remained on track for slight weekly gains. "They are anxious about demand destruction". Port and refinery closures along the Gulf coast and harsh sea conditions in the Caribbean have hit shipping.

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  • GBP EUR Outlook Slips on European Central Bank News
GBP EUR Outlook Slips on European Central Bank News

Because of this the Eurozone's inflation level remains consistently below the Bank's target , further preventing any likelihood of a rate hike. It said it expects inflation this year of 1.5%, 1.2% next year and 1.5% in 2019 - the latter two are down 0.1% on June's forecast.

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  • Canada's unemployment rate hasn't been this low in almost a decade
Canada's unemployment rate hasn't been this low in almost a decade

Looking beyond the more-volatile monthly numbers, the labour market grew 2.1 per cent in August compared to a year earlier. The workforce participation rate in August also went up to 61.1 per cent, from 60.4 per cent in July. The services sector added 35,900 jobs, with gains in the finance, insurance, real estate and leasing sector. The latest ra...

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  • Ontario reveals its marijuana legalization plan
Ontario reveals its marijuana legalization plan

It also stipulates the use of recreational cannabis will be prohibited in public places, cars and workplaces, and will only be allowed in private residences. Officials believe the system will cover its own costs, but will require "moderate" startup costs to set up stores. He said legislation regulating the control of marijuana will be introduced ...

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  • NY regulator imposes $225 mn fine on HBL Pak
NY regulator imposes $225 mn fine on HBL Pak

It singled out HBL's connections with Saudi Arabia's largest private bank Al Rahji, which has been linked by the US Senate and in the media to al Qaeda and the financing of extremism. Not only this, the bank improperly used a "good guy" list to rubber stamp transactions worth at least United States dollars 250 million in transactions, including t...

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  • Flipkart Big Billion Days Sale Starts From September 20
Flipkart Big Billion Days Sale Starts From September 20

The 5 day shopping carnival will offer exclusive products, brands at some easy payment options, the company said this today. It will start from September 20th and ends on September 24th in this month. For this year, however, the research firm pegs the combined GMV at $1.2-1.5 billion, with Flipkart and Amazon India splitting the spoils equally.

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  • Unruly fliers now face lifetime ban
Unruly fliers now face lifetime ban

The no-fly list was first highlighted when Shiv Sena MP Ravindra Gaikwad assaulted an Air India crew member. "This internal committee will decide the matter in 30 days along with duration of ban on unruly passenger". Offences related to physical behaviour come under Level 2 and the offender could face a ban of up to six months. The in...

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  • Questioning Foreignness Is Like Being In La La Land, Says Raghuram Rajan
Questioning Foreignness Is Like Being In La La Land, Says Raghuram Rajan

Asia's third-largest economy aims to trim its fiscal deficit to 3.2 percent of GDP in 2017/18, down from 3.5 percent the year before. Former RBI Governor Raghuram Rajan on Friday said government layers must be removed from the appointment of chief executives and board members of public sector banks.

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  • South Florida Chevron stations accused of jacking up prices amid Irma panic
South Florida Chevron stations accused of jacking up prices amid Irma panic

But consumers don't like it. Surge pricing is the mechanism behind Uber's infamous price discrepancies. Second, prices offer strong incentives. Amazon was the subject of some complaints about notable price differences on bottled water for customers in Florida and Northeastern states.

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  • Youngstown families with Puerto Rico ties nervous as Irma hits island
Youngstown families with Puerto Rico ties nervous as Irma hits island

The three-hour and 49-minute flight become more thrilling than a movie on the seat-back screen, as aviation fans - such as Jason Rabinowitz (@AirlineFlyer) - monitored the flight's progress through online tracking services. The latest predictions are that Irma will hit the Puerto Rican island of Culebra around 4 p.m. and the main island around ...

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  • Equifax data leak could involve 143 million consumers
Equifax data leak could involve 143 million consumers

The company's investigation found criminals exploited a US website application vulnerability to gain access to certain files from mid-May through July 2017. As though that weren't bad enough, 209,000 people had their credit card info leak and the breach also included dispute documents with personally identifying information from 182,000 consumers.

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  • Steady Activities: Genworth Financial Inc (NYSE:GNW)
Steady Activities: Genworth Financial Inc (NYSE:GNW)

Prudential Financial Inc. grew its position in shares of Genworth Financial by 35.1% during the first quarter. Vanguard Group Inc. now owns 41,753,927 shares of the financial services provider's stock worth $157,413,000 after purchasing an additional 2,745,057 shares during the last quarter.

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  • United Continental's stock slumps after disclosure of PRASM, margin guidance cut
United Continental's stock slumps after disclosure of PRASM, margin guidance cut

The firm recorded a fall in short interest from July 31, 2017 to August 15, 2017 of -4.29%. Strs Ohio invested in 1.65 million shares or 0.2% of the stock. The company has Beta Value of 1.07 and ATR value of 1.37. Susquehanna Intll Grp Limited Liability Partnership reported 43,437 shares or 0% of all its holdings.

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  • Navistar International Corporat (NAV) Hits a New 52-Week High
Navistar International Corporat (NAV) Hits a New 52-Week High

The company had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.17 billion. Next quarter's EPS is forecasted to be $0.44 and the next full year EPS is projected to be $1.55. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . In the a year ag...

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  • Signal Focus: SuperTrend Spotted Above Stock Price for Walt Disney Co (DIS)
Signal Focus: SuperTrend Spotted Above Stock Price for Walt Disney Co (DIS)

Cordasco Financial Network grew its holdings in Walt Disney Company (The) by 2.4% during the 1st quarter. The stock declined 3.96% or $4.02 reaching $97.48 per share. New York-based Schafer Cullen Capital Mngmt Inc has invested 0.09% in Walt Disney Co (NYSE: DIS ). The Walt Disney Company ( DIS ) has a market cap of $159.25 billion and over...

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  • The Atlantic Trust Group LLC Raises Stake in SBA Communications Corporation (SBAC)
The Atlantic Trust Group LLC Raises Stake in SBA Communications Corporation (SBAC)

About 1,153 shares traded. Five9 Inc (NASDAQ:FIVN) has risen 123.16% since September 7, 2016 and is uptrending. It has underperformed by 7.20% the S&P500. Short traders are feeling a little more bearish on shares of SBA Communications Corporation as evidenced by the change in short interest. SBA Communications Corporation (NASDAQ:SBAC) had its pr...

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  • AK Steel Holding Corporation (NYSE:AKS): Placing Shares in the Spotlight
AK Steel Holding Corporation (NYSE:AKS): Placing Shares in the Spotlight

The stock of United States Steel Corporation (NYSE:X) earned "Neutral" rating by Citigroup on Thursday, January 19. Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is 8.41% and standing -0.18% away from 50-Day Simple Moving Average while traded down -21.21% from 200-Day Simple Moving Average.

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