Business

Bank of Canada interest rate holds steady at 1% - for now

Bank of Canada interest rate holds steady at 1% - for now The Bank of Canada's next overnight rate policy meeting is scheduled for December 6. The central bank - which issued both a rate decision and updated quarterly forecast - said the economy is operating close to capacity, with exports and business investment expected to contribute to growth and help offset a slowdown in domestic consumption. [Full Article...]

UK GDP growth pips expectations

UK GDP increased by 0.4% in Q3, beating economists' forecasts for a 0.3% rise and slightly above the growth seen in the first two quarters, according to the latest ONS statistics. Production and agriculture both grew by 1.0% but contributed less percentage points to overall GDP growth due to their weighting. The economy grew by 1.5% in year-over-year terms that quarter, above expectations of 1.4... [Full Article...]

The NAACP Issues A Warning For American Airlines Passengers

The NAACP Issues A Warning For American Airlines Passengers An American Airlines spokeswoman didn't comment directly about the allegations, but said the company was "disappointed" in the travel advisory and said its staff is "proud to serve customers of all backgrounds". The plane returned to the Atlanta terminal after a five-hour delay. Every day American is committed to providing a positive, safe travel experience for everyone who flies with us. [Full Article...]

NY State Bans E-Cigarette Use Where Tobacco Smoking Is Prohibited

NY State Bans E-Cigarette Use Where Tobacco Smoking Is Prohibited Electronic cigarette use will be prohibited in all places where tobacco smoking is now banned when new legislation goes into effect on November 22 in New York State. Cuomo signed legislation in July that banned e-cigarettes use on all open and private school grounds. E-cigarettes, vaping pens, e-hookah and similar devices typically contain nicotine. [Full Article...]

Air Canada flight lands at USA airport without permission

The flight originated in Montreal. The Federal Aviation Administration is probing a second incident in just a few months at San Francisco Airport involving Air Canada . The incident happened three months after an Air Canada jet almost landed on a San Francisco taxiway where other planes were waiting to deport. According to the FAA, four full planes were lined up and awaiting approval to take ... [Full Article...]

MCD) — McDonald's Corporation (NYSE

MCD) — McDonald's Corporation (NYSE Finally, Goldman Sachs Group, Inc. (The) set a $174.00 target price on McDonald's Corporation and gave the company a buy rating in a research report on Thursday, July 27th. Fifth Third National Bank has invested 0.58% in McDonald's Corporation (NYSE: MCD ). Stockholders of record on Friday, December 1st will be issued a $1.01 dividend. [Full Article...]

Easybeat George Young RIP

Easybeat George Young RIP Together with his Easybeats co-founder Harry Vanda , George produced the first five AC/DC studio albums and the live album If You Want Blood . Young and Vanda embraced The Easybeats " 1969 split to produce many more bands under the "Vanda and Young' title. [Full Article...]

Tesla reaffirms goal for historic Chinese factory, sending suppliers' shares soaring

Tesla reaffirms goal for historic Chinese factory, sending suppliers' shares soaring The new facility will be Tesla's first real footprint in China's fast growing electric vehicle market, with the company's current presence only coming in the form of sales offices. Tesla will own the factory, rather than partner with a local manufacturer, as it typically the case. Tesla is wrestling with production problems at its sole factory, in Fremont, California. [Full Article...]

Titanic victim's letter sells for record $212000

Titanic victim's letter sells for record $212000 It is the only known letter, on headed Titanic notepaper, to have gone into the Atlantic Ocean when the ship went down, and survived. "He looks like any other human being even tho (sic) he has millions of money", he wrote. "“As she received it after the ship foundered this may be the only on-board letter written by a victim and delivered to its recipient without postage to date". [Full Article...]

Lyft raises £750m from Google's owner in blow to Uber

A driver uses the Lyft app. Now that Google and Uber are locked in a fierce legal battle that could effectively cripple Uber's dreams of having a fleet of driverless vehicles, Lyft has a real chance of cornering the United States market. [Full Article...]

Matic: It's not always easy working with Mourinho

Matic: It's not always easy working with Mourinho The result left United on the verge of reaching the Champions League knockout stages, and the Portuguese manager was happy. OK they haven't played the greatest brand of football but they're second in the league, they've drawn two games and won every other one, they're top of the Champions League group, they've won their League Cup game. [Full Article...]

8th child killed by recalled Ikea dresser

8th child killed by recalled Ikea dresser He is the eighth child who has died from an incident involving an Ikea dresser and the fourth killed specifically by the Malm product. Mann's colleague, Alan Feldman, whose firm also represents the parents of three other boys killed by Malm dressers, told NPR that Jozef's death was "completely avoidable". [Full Article...]

How major United States stock indexes fared on Thursday

How major United States stock indexes fared on Thursday The stock's premarket price decline of $2.36 would shave about 16 points off the price of the Dow Jones Industrial Average , and Dow futures were down 90 points. The Nasdaq composite slid 19.15 points, or 0.3 percent, to 6,605.07. The Dow is up 291.32 points, or 1.3 percent. The Dow is up 3,400.44 points, or 17.2 percent. [Full Article...]

Spinnaker Trust Has $5.01 Million Holdings in General Electric Company (GE)

Advisory Services Network, LLC now owns 54 shares valued at $2,000. Invesco Limited accumulated 33.26 million shares. BP plc (ADR) (NYSE:BP) has risen 15.51% since October 20, 2016 and is uptrending. The rating was upgraded by Deutsche Bank on Friday, January 29 to "Buy". The rating was maintained by Cowen & Co with "Hold" on Monday, July 17. The stock of General Electric Company (NYSE:GE) has "... [Full Article...]

Healthcare Realty Trust Incorporated

Healthcare Realty Trust Incorporated The rating was maintained by BMO Capital Markets on Thursday, June 22 with "Buy". The institutional investor held 50,678 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q2, valued at $4.50 million, down from 56,178 at the end of the previous reported quarter. [Full Article...]

2nd gene therapy against cancer approved

2nd gene therapy against cancer approved These are then sent to a facility in El Segunda, California - which Kite opened in June past year - where they are stimulated to proliferate and transduced with a retroviral vector to introduce the auto sequence into the patient's T cells before being propagated in cell culture bags. [Full Article...]

Wall Street Analysts Forecast 17.9% on Schlumberger Limited (NYSE:SLB)

Wall Street Analysts Forecast 17.9% on Schlumberger Limited (NYSE:SLB) About 811 shares traded. VOXX International Corp (VOXX) has risen 86.12% since October 20, 2016 and is uptrending. It has underperformed by 3.04% the S&P500. Schlumberger Ltd now has $87.43B valuation. The company has market cap of $765.31 million. Schlumberger N.V., launched on November 6, 1956, provides technology for reservoir characterization, drilling, production and processing to the oi... [Full Article...]

Volkswagen teases 2018 Pikes Peak electric race auto

Volkswagen teases 2018 Pikes Peak electric race auto After the " dieselgate " scandal, in order to promote a greener image, Volkswagen removed itself from most top-level motorsport competition, including ending its WRC campaign. But we know it will be all-wheel drive, and we'd expect it to pack at least 745kW (1,000hp), given that VW is aiming to set a new EV record on the mountain, and it will be competing with other EVs with similarly massive po... [Full Article...]

Bid submitted for Cleveland to be the site of Amazon's second headquarters

Bid submitted for Cleveland to be the site of Amazon's second headquarters Some cities are actively trying to impress the company, which has promised to hire 50,000 full-time employees after the $5 billion HQ2 project is completed. Based on the company's seven year history in downtown Seattle, a headquarter would create thousands of additional jobs outside of the company, would bring in new investments from companies moving to the area to be closer to Amazon, and cou... [Full Article...]

Lyft Raises $1 Billion from Alphabet Investment Fund

Lyft Raises $1 Billion from Alphabet Investment Fund It was last valued at almost $70 billion. "This creates a huge opportunity to best serve our cities' economic, environmental, and social futures". The round was led by Alphabet's CapitalG, its growth-focused investment fund, and CapitalG partner David Lawee will join Lyft's board as part of the transaction. [Full Article...]


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