• Fourth Quarter Growth Adjusted Upward to 2.9 Percent
Fourth Quarter Growth Adjusted Upward to 2.9 Percent

GDP grew by 1.1 percent in the first quarter of 2016 and the second quarter GDP grew by 1.4 percent and finished the year with 3.5 percent and 2.1 percent growth in the third and fourth quarter. Imports grew at an upwardly revised 14.1 percent pace instead of the previously reported 14.0 percent rate. Growth has slowed further in the third qu...

Read more

  • Walmart To Remove 'Cosmopolitan' From Checkout Aisle
Walmart To Remove 'Cosmopolitan' From Checkout Aisle

Cosmo has always been publisher Hearst's most profitable magazine, but single-copy sales at newsstands and checkout counters have fallen 67 percent from 576,550 copies a month in December 2014 to just 190,487 at the end of 2017. "Walmart's decision makes it a leader and trailblazer in corporate responsibility". The movement, however, hasn't focuse...

Read more

  • SoftBank Commits To World's Largest Solar Farm Worth $200 Billion
SoftBank Commits To World's Largest Solar Farm Worth $200 Billion

The remainder will come from loans to be paid off via revenue that is generated through selling electricity that the huge solar project produces, said Son. "SoftBank seeks investment and Saudi needs energy, so it may make sense to sort the financing out in a large block and then separately hammer out the phases and the technical details", said Jenn...

Read more

  • Arizona suspends Uber's self-driving tests
Arizona suspends Uber's self-driving tests

In a letter addressed to Uber CEO Dara Khosrowshahi, Gov. Doug Ducey (R) said he was moved to act after seeing videos of last week's deadly crash , which he described as "disturbing and alarming". "It is that vision of safety and avoiding accidents just like that one that really bring us all together as a company". A BuzzFeed article fro...

Read more

  • Honda Insight Hybrid: Production version debuts
Honda Insight Hybrid: Production version debuts

Joining the Clarity series and the 2018 Accord Hybrid , the new Insight is the fifth Honda electrified vehicle introduced over the past year. Powertrain-wise, we're looking at a two-motor duo working inside the new Honda Insight .

Read more

  • White House Pushes Back Against Stormy Daniels
White House Pushes Back Against Stormy Daniels

President Trump's lawyers are seeking $20m (£14m) in damages from her, saying she broke a non-disclosure deal. Daniels said she agreed, and signed a nondisclosure agreement, out of fear for her family's safety. Earlier in the day, it was announced that President Trump expelled 60 Russian diplomats and suspected spies from the US over the pois...

Read more

  • Waymo Adding Up to 20K Jaguar SUVs to Self-Driving Taxi Fleet
Waymo Adding Up to 20K Jaguar SUVs to Self-Driving Taxi Fleet

Together they are positioning the hot new I-Pace electric vehicle firmly at the pointy end of the next frontier in mobility. The company says the fleet would be capable of handling one million rides a day. Waymo has been testing their vehicles on public roads since 2009. The vehicles will be used for ridesharing. The company has a history of ca...

Read more

  • Profit-taking causes oil prices to slip after last week's rally
Profit-taking causes oil prices to slip after last week's rally

US Treasury Secretary Steven Mnuchin said on Fox News that he's optimistic his country can reach a truce with China on trade. Shanghai crude oil futures opened up more than 6 percent with nearly 20 million barrels of the most-active September contract changing hands in the first 25 minutes as China debuted its oil benchmark.

Read more

  • McDaniels: 'Clarity' from Kraft, Belichick led him to spurn Colts
McDaniels: 'Clarity' from Kraft, Belichick led him to spurn Colts

Kraft , speaking to a horde of media at the NFL Annual Meeting, declined to talk specifics about the pending sale but said it's his understanding based on a presentation at the meetings that the goal is to have a finalist the owners can vote on in late May.

Read more

  • Lowe's on the hunt for new CEO
Lowe's on the hunt for new CEO

Robert Niblock's decision to retire will bring an end to his 13-year tenure as the CEO of Lowe's Companies, Inc. It has underperformed by 10.78% the S&P500. The stock of Heritage Insurance Holdings, Inc. (NYSE: LOW ) rating on Friday, November 10. SunTrust maintained the shares of LOW in report on Wednesday, November 22 with "Hold" rating.

Read more

  • UK Retailer JD Sports to Buy Finish Line for $558 Million
UK Retailer JD Sports to Buy Finish Line for $558 Million

You'd be hard-pressed to find a regular shopper in America that hasn't been inside a Finish Line store at some point, whether it was just to kill time at the mall or to pick up the latest, freshest basketball sneaker on the market. The transaction, which is expected to close no earlier than June, will be funded through a new revolving credit fa...

Read more

  • How will the Grab-Uber deal affect ComfortDelGro?
How will the Grab-Uber deal affect ComfortDelGro?

The value of the deal has not been disclosed yet. Accordingly the deal with Grab is similar to the one struck with Didi, and ends a years long fight for market share in a region that is home to some 650 million people and an increasingly affluent middle class.

Read more

  • One of the Largest Gun Manufacturers in the Country Files for Bankruptcy
One of the Largest Gun Manufacturers in the Country Files for Bankruptcy

America's oldest gun manufacturer, Remington, has officially filed for bankruptcy. One of Remington's most popular products, the Bushmaster AR-15-style rifle, was used in the 2012 Sandy Hook massacre . But half of those guns are owned by only 3 percent of the population. Despite bankruptcy, Remington would continue making guns . The ban...

Read more

  • Shanghai crude futures roar into action as global merchants dominate trade
Shanghai crude futures roar into action as global merchants dominate trade

At 9 a.m. local time on Monday, crude contracts began trading on the Shanghai International Energy Exchange . Citing Li Qiang, director of the research center under the Xinhu Futures, the media outlet suggested that the launch of China's own oil futures could be seen as Beijing's attempt to open the country's commodity market to foreign invest...

Read more

  • Florida woman arrested for attacking husband for forgetting their anniversary, deputies say
Florida woman arrested for attacking husband for forgetting their anniversary, deputies say

After reportedly receiving 100 lashes , the woman eventually collapsed. Meanwhile the one-minute video which showed the woman wailing in pain after every blow on her body with a whip has gone viral, showcasing the cruel hearts of the people around her.

Read more

  • Mozilla Hits Pause On Facebook Ads, Cites User Data Policies
Mozilla Hits Pause On Facebook Ads, Cites User Data Policies

Born in NY, the computer programmer shot to notoriety after building a social network with his buddies at Harvard University that grew to eclipse all others in the West, and in the process he has gained a reputation for a ruthlessness not uncommon among titans of industry.

Read more

  • Giants ace Madison Bumgarner breaks pitching hand after getting hit by liner
Giants ace Madison Bumgarner breaks pitching hand after getting hit by liner

Our models had projected the Giants' ace for a 3.56 ERA, 1.14 WHIP, and 192 strikeouts in 204-plus innings pitched this season before the injury. A dirt bike accident last April on an off-day forced him to miss about three months with a shoulder sprain, with many fans unsympathetic on social media .

Read more

  • Markets Right Now: Stocks swoon again; Dow sinks 400
Markets Right Now: Stocks swoon again; Dow sinks 400

The Dow shed 1,100 points in the last two trading days. Stocks around the world plunged Friday as investors feared that a trade conflict between the US and China , the biggest economies in the world, would escalate. That could change if it puts tariffs on electronics or appliances imported from China. The German DAX was down 1.77 percent and t...

Read more

  • Air India flight to Tel Aviv flies over Saudi Arabia: Flightradar
Air India flight to Tel Aviv flies over Saudi Arabia: Flightradar

It need be mentioned that Air India launched its first flight to Israel to be allowed to cross Saudi airspace . Air India flight AI 139 from New Delhi landed on Thursday on Tel Aviv airport via Saudi Arabia, ending a long-standing ban of flights from Saudi Arabia to Israel, according to The Times of India .

Read more

  • Sensex down by 579 46 pts, 4-month-low
Sensex down by 579 46 pts, 4-month-low

Nifty settled at 10,115, down 0.40% and BSE Sensex closed at 33,006, lower by 0.39%. Market experts apprehend a further correction amid consolidation as the Nifty has broken 10,000 levels. The Dow Jones Industrial Average fell 724.42 points, or 2.93 percent, to 23,957.89, the S&P 500 lost 68.24 points, or 2.52 percent, to 2,643.69, and the Nas...

Read more