Money

Money Murdoch's Fox looking to buy 10 Sinclair TV stations, report says
Author: 0 Murdoch's Fox looking to buy 10 Sinclair TV stations, report says

Building on the continued progress of the new TV technology standard - ATSC 3.0 - Sinclair Broadcast Group has made a deal with ad-tech company Imagine Communications to create a next-generation local TV advertising management platform. (NASDAQ:SBGI). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.60.

Money Rents boost USA core CPI; retail sales rise solidly
Author: 0 Rents boost USA core CPI; retail sales rise solidly

The report will be published at 10.00 am ET. Consumer inflation slowed in December to a tiny 0.1 per cent gain as energy costs retreated from a big jump in November. Last month, RBI had left policy rates unchanged fearing a rise in inflation. "The 0.3% m/m gain in core consumer prices in December will reinforce expectations of a Fed rate hike in March and supports our view that the Fed will ultimately increase interest rates by a more aggressive 100bp cumulatively this year", said Paul ...

Money Fiat Chrysler to expend $1 Billion to overhaul MI plant
Author: 0 Fiat Chrysler to expend $1 Billion to overhaul MI plant

The Italian-American automaker will share the spoils of a lower corporate tax rate by sending US$2,000 checks to about 60,000 USA workers. Marchionne now holds several roles of major importance, including serving as CEO of Fiat S.p.A., Chairman and CEO of Chrysler Group LLC, and Chairman of Fiat Industrial S.p.A.

Money Cruise AV: GM Removes the Steering Wheel
Author: 0 Cruise AV: GM Removes the Steering Wheel

GM will run the cars in a test batch for a ride-sharing programme starting in 2019, and they won't be without a safety net. At a November 30 briefing in San Francisco, Mr Ammann told investors the lifetime revenue generation of one of its self-driving cars could eventually be 'several hundred thousands of dollars'.

Money China's 2017 exports rose 7.9% in dollar terms - imports jumped 15.9%
Author: 0 China's 2017 exports rose 7.9% in dollar terms - imports jumped 15.9%

The government is planning to announce GDP data for 2017 next week. Exports to the United States climbed 14.5 percent while imports from the country jumped 17.3 percent. By that data, last year's surplus is a record high, the wire service reported . Economists had expected China's trade surplus to have narrowed to $37 billion in December from November's $40.21 billion.

Money Uber used yet another secret tool to evade law enforcement
Author: 0 Uber used yet another secret tool to evade law enforcement

It then adds, "Like managers at Uber's hundreds of offices overseas, they'd been trained to page a number that alerted specially trained staff at company headquarters in San Francisco". Uber defends the use of the software in a statement claiming that it is used to protect customer data and ensure the searches being conducted are legitimate.

Money Toyota, Mazda plan $1.6 billion assembly plant
Author: 0 Toyota, Mazda plan $1.6 billion assembly plant

Production is expected to begin by 2021. During a tour of the Huntsville/Limestone County home for the new plant Thursday, officials described the process of securing the $1.6 billion plant and the prospect of 4,000 workers making vehicles for Toyota and Mazda.

Money ISRO successfully launches 100th satellite on board PSLV-C40
Author: 0 ISRO successfully launches 100th satellite on board PSLV-C40

It will also be the first launch for ISRO in 2018. The failure stranded the IRNSS 1H satellite on the PSLV's upper stage, leaving it unable to separate from the rocket to begin its mission. It carries Panchromatic and Multi-spectral cameras operating in Time Delay Integration mode and is capable of delivering high-resolution data. # It will be the third satellite in the Cartosat-2 series.

Money Malaysia Launches New Search for Missing Airliner
Author: 0 Malaysia Launches New Search for Missing Airliner

Malaysia signed a deal on Wednesday to pay a U.S. seabed exploration firm up to $50mn if it finds the missing Malaysia Airlines aircraft MH370 in a new search area in the Southern Indian Ocean. The ship could complete the search within three or four weeks, and cover up to 60,000 square km in 90 days, or four times faster than earlier efforts, Plunkett told Reuters.

Money Ford Warns Against Driving Certain 2006 Ranger Pickups
Author: 0 Ford Warns Against Driving Certain 2006 Ranger Pickups

Auto manufacturer Ford on Thursday recalled 2,900 vehicles following a second fatal accident involving the explosion of a faulty Takata airbag. There have been two fatalities in 2006 Ford Rangers caused by driver-side air bag inflator ruptures from Takata inflators built on the same day.

Money Domino's Pizza (DPZ) Receiving Positive Media Coverage, Accern Reports
Author: 0 Domino's Pizza (DPZ) Receiving Positive Media Coverage, Accern Reports

How has the stock performed recently? (NYSE: DPZ ) stock volatility was recorded 2.42% which for the previous full month was noted 2.06%. Qualcomm Inc sold 17,717 shares as the company's stock rose 2.14% with the market. Maxim Group maintained the stock with "Buy" rating in Thursday, February 25 report. The firm has "Neutral" rating given on Monday, October 19 by Citigroup.

Money Gold, Silver, Copper and Crude Oil Briefing
Author: 0 Gold, Silver, Copper and Crude Oil Briefing

Futures advanced 0.5 percent on Monday, settling near $62 a barrel in NY. EIA's January Short-Term Energy Outlook forecasts Brent crude oil to average $60 per barrel (b) in 2018 and $61/b in 2019, slightly higher than the $54/b average in 2017.

Money Meltdown and Spectre bugs affect digital devices worldwide
Author: 0 Meltdown and Spectre bugs affect digital devices worldwide

After discovering two major flaws in computer chips that could leave almost all desktops and mobile devices vulnerable to hacking, tech giants including Apple have rushed to patch their technology . How do I update my software? "In this case, the security researchers presented their findings in confidence, and we and other companies worked together to verify their results, develop and validate firmware and operating system updates for impacted technologies, and make them widely ...

Money Dropbox Files For IPO
Author: 0 Dropbox Files For IPO

The company is taking a much more conventional approach to the IPO than Spotify Ltd., which is also said to have quietly filed for a public offering recently. But bankers and analysts said numerous biggest potential market debutantes would likely sit on the sidelines for another year, having already raised enormous sums in the private markets.

Money New IKEA ad doubles as a pregnancy test
Author: 0 New IKEA ad doubles as a pregnancy test

Patrik Nygren-Bonnier, IKEA marketing manager, explained that the idea behind the ad was "to show life as it is for as many of us as we can". The company is offering pregnant women a significant discount on baby cribs, but there is one slight catch - expectant mothers will need to pee on the interactive advert to reveal the code.

Money Circuit City announces February relaunch, enlists IBM Watson as shopping assistant
Author: 0 Circuit City announces February relaunch, enlists IBM Watson as shopping assistant

Shmoel added at CES that the company revamped its website with new features such as search by photo, virtual vignettes, augmented reality and real-time tech support through its video chat. IBM Watson will serve as a personal shopping assistant online. Sears, Kmart to close 100 more stores, including 1 in N.J . The Circuit City bankruptcy came in 2008, which was followed by a new ownership that attempted to operate the company strictly online after shuttering its last physical location ...

Money Ripple and MoneyGram Partner to Modernize Payments
Author: 0 Ripple and MoneyGram Partner to Modernize Payments

Ripple's XRP token, formerly known as "Ripple" may has gotten a much needed boost following reports that MoneyGram has begun testing the digital currency in a new partnership with Ripple. Ripple's MoneyGram partnership fits in nicely with its big play to become the crypto payment solution of choice not just on the web, but also through brick-and-mortar transfer providers.

Money Ohio Man Charged with Allegedly Creating, Using 'Fruitfly' Malware
Author: 0 Ohio Man Charged with Allegedly Creating, Using 'Fruitfly' Malware

A North Royalton man is accused by federal prosecutors of creating a malware program named " Fruitfly " that was used to worm its way into thousands of computers nationwide and take control of and steal data, according to a news release . An Ohio man has been charged with creating a strain of Mac malware known as " Fruitfly " and installing it on thousands of computers to spy on victims, obtain their personal information, and produce child pornography.

Money Woman returns 'dead' Christmas tree to California Costco in January
Author: 0 Woman returns 'dead' Christmas tree to California Costco in January

While the rest of us were debating whether or not to abandon our old trees on the pavement , this woman just took hers back to the shop for a refund. The man said the Costco employees questioned and verified the purchase on her account. "She didn't seem to mind that I took a photo and said, 'ARE YOU SERIOUS?'" Social media users slammed the woman's act, calling for Costco to "revoke" her membership.

Money Tesco's record festive trading hurt by Palmer & Harvey collapse
Author: 0 Tesco's record festive trading hurt by Palmer & Harvey collapse

He said the group remained on track to meet full-year profit expectations. Tesco announced in a statement this morning that its third-quarter like-for-like (LFL) sales in the United Kingdom and Ireland had grown 2.3 percent. The Group noted that its Asia like-for-like sales were down 11.1% over the 19-week period, with its decision to withdraw from bulk selling activities in Thailand continuing to be the main driver of the decline.

Money Ice cream bars sold at Giant Eagle, Aldi recalled
Author: 0 Ice cream bars sold at Giant Eagle, Aldi recalled

These products were made in 2017 on the company's Hoyer 1 Line at its Dunkirk, New York plant. The voluntary recall now includes Kroger brand orange cream bars and chocolate-coated vanilla ice cream bars sold at Kroger stores. Fieldbrook Foods is working with each of these retailers to recall the affected products, the FDA said. The "best by" dates for the recalled items span the entire year of 2018.