Money

Money Alibaba sales surge to $5 billion in 15 minutes on Singles Day
Author: 0 Alibaba sales surge to $5 billion in 15 minutes on Singles Day

The peak number of transactions per second so far this year reached 325,000. In two minutes of sales time, Alibaba's gross merchandise volume totaled $1 billion. Alibaba's payments affiliate, Alipay, processed $17.8 billion of transactions on November 11 past year. "It's the opportunity for merchants and consumers to have fun and engage in something that's really exciting".

Money IBM says it's reached milestone in quantum computing
Author: 0 IBM says it's reached milestone in quantum computing

In that period, IBM has made 5 and 16 qubit systems available for public access. Whereas classic computers encode information in regular "bits", represented by ones and zeros, quantum computers encode information in "qubits", which can be ones, zeros or both at the same time.

Author: 0 Schlumberger NV (SLB) Stake Raised by Meiji Yasuda Asset Management Co Ltd.

Arrow Financial Corp who had been investing in Schlumberger Ltd for a number of months, seems to be less bullish one the $92.71 billion market cap company. It is negative, as 99 investors sold SLB shares while 590 reduced holdings. The volume of SLB witnessed a shift from 8 million shares, based on a 50-day average, to 7.17 million shares.

Money Seven Triad companies score highly on LGBT equality survey
Author: 0 Seven Triad companies score highly on LGBT equality survey

Time Warner Inc. announced that it earned a ideal score of 100 percent on the 2018 Corporate Equality Index (CEI). This is the third year in a row that Armstrong Teasdale has earned a 100 percent score. Huntington Ingalls Industries is rated best place to work for the LGBTQ Equality Human Rights Campaign . The 15-year-old index is based on surveys of major businesses and looks at factors including employer benefits and protections for lesbian, gay, bisexual, transgender and queer employees ...

Money Chevrolet Corvette ZR1 Leaks, Will Have 750 HP
Author: 0 Chevrolet Corvette ZR1 Leaks, Will Have 750 HP

It doesn't look like the ZR1 has a DOHC V8 despite carrying the legendary LT5 engine denomination, at least according to Corvette Blogger . Yes, we are also surprised that it doesn't get the ZL1's 10-speed automatic gearbox. There are a few changes from the Corvette Z06 , including a rear spoiler wing that is adjustable and contributes to 500 pounds of downforce at speed and front slightly wheels that are a half an inch wider.

Money Chicago Board of Trade soybean futures rise in early trading
Author: 0 Chicago Board of Trade soybean futures rise in early trading

All other 2017-18 all wheat forecasts were unchanged, as were 2016-17 estimates with 2017 carryover at 1,181 million bus. If the predictions hold, this would be Iowa's second highest yield and production on record behind past year. The projected yield surpassed the highest trade expectations and, if realised, would top a record set past year. Based on conditions as of November 1, yields are expected to average 168 bushels per acre, up four bushels from last month's forecast, but down 10 ...

Money Uber and NASA collaborate for the flying taxi project
Author: 0 Uber and NASA collaborate for the flying taxi project

The first demonstration flights are expected in 2020, moving into commercial operations by 2023 - in plenty of time for the 2028 Olympic Games in Los Angeles. "There's been a great deal of progress that's been hard to see from the outside, because a lot of this is just hard work at the drafting table", he said.

Author: 0 NXP Semiconductors NV (NXPI) Holdings Lessened by OLD National Bancorp IN

Brown Advisory Inc who had been investing in Nxp Semiconductors N V for a number of months, seems to be less bullish one the $40.25 billion market cap company. Louisiana State Employees Retirement Sys owns 14,500 shares for 0.02% of their portfolio. Whittier Trust Co. of Nevada Inc. now owns 34,921 shares of the semiconductor provider's stock valued at $3,949,000 after buying an additional 453 shares during the period.

Money Musical.ly lip-syncing app acquired for up to $1bn
Author: 0 Musical.ly lip-syncing app acquired for up to $1bn

The startup gains a big American presence, adding Musical.ly's 100 million-strong contingent of lip-synching video performers to Toutiao's own 120 million readers and viewers, while potentially tacking on a social media component to its bread-and-butter news offering.

Money JC Penney stock higher from a better results than expected
Author: 0 JC Penney stock higher from a better results than expected

The SMA200 of the stock is at -44.27%, SMA20 is -12.36%, while SMA50 is -23.49%. J. C. Penney Company, Inc. most recently reported earnings per share (EPS) of -$0.09 for the July 2017 versus -$0.05 in the same quarter past year, representing 80% growth.

Money BBC stars highlight equal pay day
Author: 0 BBC stars highlight equal pay day

Global strategic advisor, Rita Trehan, explains:"Equal Pay Day means that effectively, women are working for free for the rest of the year - that's how big the pay gap remains between and women". The issue is marked differently around the world. "We also recommend lowering the minimum age for automatic enrolment from 22 to 18, as this would give some women four extra years of saving to help mitigate future periods of part-time work later in life".

Money Uber dealt another blow over drivers' rights in UK
Author: 0 Uber dealt another blow over drivers' rights in UK

However, the Employment Tribunal has held up its original decision that the company's drivers who had the app switched on were working for Uber London Ltd under a contract and must be given workers' rights. Ahead of the ruling, an Uber spokesman told AFP that whatever the result, it "will not necessarily be the end of the process and we expect either side would appeal".

Money China announces long-awaited steps to open up financial services sector
Author: 0 China announces long-awaited steps to open up financial services sector

China, which levies a duty of 25 percent on imported vehicles, has not allowed foreign automakers to establish wholly owned factories in the world's largest auto market. "In accordance with its timetable and roadmap for further opening up, the Chinese side will significantly ease market access to the financial sector, including the banking, securities and fund, and insurance industries", Zheng said.

Money Prime Minister Trudeau continues Vietnam visit ahead of crucial APEC summit
Author: 0 Prime Minister Trudeau continues Vietnam visit ahead of crucial APEC summit

The 11 remaining members of the TPP are trying to find a way forward without the US, the biggest economy and before Trump took office one of its most assertive supporters. The changes are evident in Danang, a former battlefield transformed into a tourism and investment hub that is hosting this week's annual summit of the Asia-Pacific Economic Cooperation forum.

Money Whole Foods adds Amazon pop-up shops
Author: 0 Whole Foods adds Amazon pop-up shops

Amazon devices such as the Amazon Echo, Echo Dot, Fire TV, Kindle e-readers and Fire tablets are already offered at more than 100 Whole Foods locations. These pop-up shops will sell Amazon gear, and will also be staffed with experts to provide product test drives, and teach people about Amazon services such as Prime and its many benefits.

Author: 0 Short Term Outlook For Energy Transfer Partners, LP (NYSE:ETP)

Fdx Advisors holds 0.02% in Energy Transfer Equity LP (NYSE:ETE) or 28,279 shares. Stifel Nicolaus has "Buy" rating and $24 target. BMO Capital Markets downgraded the stock to "Market Perform" rating in Wednesday, November 23 report. Google Inc. had 49 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, February 26 the stock rating was maintained by Stifel Nicolaus with "Buy".

Money United States oil inventories unexpectedly increase
Author: 0 United States oil inventories unexpectedly increase

Refineries operated at 89.6% of their capacity. The API is scheduled to release its data for last week at 4:30 p.m. EDT (2030 GMT) on Tuesday, and the EIA report is due at 10:30 a.m. The American Petroleum Institute reported a draw of 1.562 million barrels in United States crude oil inventories, against expected inventories would draw down by 2.7 million barrels for the week ending November 3, continuing the drawdown that the market has seen in recent weeks.

Author: 0 Walt Disney Company (The) (DIS) Shares Sold by HM Payson & Co

Barton Investment Management boosted its holdings in Walt Disney Company (The) by 0.3% during the first quarter. Leavell Investment Management Inc. now owns 69,207 shares of the entertainment giant's stock worth $7,847,000 after acquiring an additional 3,153 shares during the last quarter.

Money Macy's Q3 Earnings Improve
Author: 0 Macy's Q3 Earnings Improve

Online sales aren't a problem for Macy's despite its brick-and-mortar struggles. As it turns out though, the market liked what it heard from the retailer, sending Macy's stock up nearly 8% ... "While there is no doubt that the company has made progress across some areas, change is far from comprehensive or far-reaching", he wrote. "We recognise now that we face stronger headwinds in Food which will be addressed in the year ahead", Rowe said.

Money Topshop removes women-only changing rooms
Author: 0 Topshop removes women-only changing rooms

But Travis argued that Urban Outfitters is already successfully leading the way with changing rooms open to all genders. "They responded to two people saying they didn't have gender-neutral changing rooms, and now they've said they do". Yet, with the introduction of the gender-neutral cubicle will be the inevitable loss of the informal tradition whereby half-dressed girls, shopping together for the day, meet in the communal area of the changing rooms to ask each other advice, or swap clothes ...

Author: 0 Luton could become centre for PSA group's van growth plans

Opel would also follow the electrification path, aiming to become the Carbon dioxide leader in Europe . With attempts to stop leaking money, Opel is speeding up its secession from GM technology, launching nine new models by 2020 with the aim to complete transition to PSA hardware by 2024, leaving only two Opel platforms.

Money Ford inks $765 million deal to build electric vehicles in China
Author: 0 Ford inks $765 million deal to build electric vehicles in China

It's a 50/50 partnership , with the pair investing roughly $756 million (RMB 5 billion). Ford and Chinese automaker Zotye will partner up on a new line of electric vehicles, we learned Wednesday. "Buyers of electric cars can take out loans for up to 85% of the cost of a new energy auto, compared with 80% for conventional vehicles". A joint-venture with Zotye will mark Ford's third partnership in China.

Money TripAdvisor adding risk of assault, other safety issues to reviews
Author: 0 TripAdvisor adding risk of assault, other safety issues to reviews

There is a big possibility more will be added to the list as the company vets properties that appear in the news, said a TripAdvisor spokesperson. "These badges are meant to be informative, not punitive", he told the paper. "However, if the issues persist, we may extend the duration of the badge", TripAdvisor spokesman Kevin Carter told the New York Times . Her comment was deleted because it contained language that was deemed inappropriate, TripAdvisor claimed.

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