Business

Jeff Bezos Is Now Worth £100 Billion After Amazon Black Friday Sales

Jeff Bezos Is Now Worth £100 Billion After Amazon Black Friday Sales Black Friday has pushed Jeff Bezos' net worth past $100bn (£74bn), making the Amazon founder the first business mogul to surpass the mark in 18 years. Investor Warren Buffett is third at around $78.9 billion. He tweeted a request for ideas about how to help people in June of this year, and since 2002 he has given away Amazon shares totalling about $500 million (£374m) at current prices. [Full Article...]

Mitsubishi Materials shares tumble after firm says units falsified product data

Mitsubishi Materials shares tumble after firm says units falsified product data They said the market mood was also soured by the latest scandal to hit Japan's manufacturing industry, involving Mitsubishi Materials Corp. Mitsubishi Materials said that inspection data was falsified on parts used in aircraft, automobiles and industrial machinery, with more than 250 customers potentially affected. [Full Article...]

Android devices still track you when location services are turned off

Android devices still track you when location services are turned off An investigation by Quartz revealed that Google is always tracking the location of Android devices, even when users have turned off the location services option, closed all apps, and removed their carrier's SIM card. A spokesperson told The Verge that the cellular tower data was supposed to make message delivery faster, but Google made a decision to ditch the plan. [Full Article...]

South Africa to outline "decisive" policy in 2018 after debt rating cut

South Africa to outline Fitch downgraded South Africa weeks after the firing of Pravin Gordhan as finance minister. South Africa's central bank kept interest rates unchanged this week despite pressure to lower them for the sake of the ailing economy, impeded by inflation risks from a weaker rand, possible looming credit rating downgrades and the policy implications of a ruling ANC party conference. [Full Article...]

YouTube is cracking down on videos and comments that exploit children

YouTube is cracking down on videos and comments that exploit children As Koerber reported , videos that appeared in search results on YouTube Kids were selected by an algorithm and were not subject to human review, according to Google's support page for YouTube at the time . If the user is signed in while reporting a video , it will also be blocked from the YouTube Kids app , the company said in a statement. Despite that, it hasn't been enough to con... [Full Article...]

Market in positive lane for 7th day

Market in positive lane for 7th day The Sensex closed higher by 91.16 points at 33679.24, while the Nifty was up 40.90 points at 10389.70. Nifty also opened in the green and were gaining at 0.20 per cent in early trade. Provisional data with the exchanges showed that foreign institutional investors sold scrips worth Rs 416.28 crore, while domestic institutional investors purchased stocks worth Rs 427.63 crore. [Full Article...]

Dish and CBS reach deal after Thanksgiving NFL blackout

Dish and CBS reach deal after Thanksgiving NFL blackout The new agreement immediately enables college football fans to watch SEC and NFL games Friday and Saturday of the holiday weekend. Dish and CBS reached an agreement late Thursday that restored the channels dropped earlier in the week in standoff over how much Dish will pay CBS for the right to carry its programming . [Full Article...]

Thanksgiving Day hours for grocery & drug stores 2017

Thanksgiving Day hours for grocery & drug stores 2017 Should you need to fill a prescription, keep in mind your doctor's office will not be open on the holiday and you might experience a delay in getting it. The day commemorates the first Thanksgiving celebrated by the Pilgrims and Native Americans when they arrived in the New World in October 1621. Cherry Creek is closed on Thanksgiving Day but will be open from 7 a.m.to 9 p.m. [Full Article...]

Syrian men accused of terror plot released due to insufficient evidence

Syrian men accused of terror plot released due to insufficient evidence Around 500 police officers took part in the raids on eight addresses in four states, taking six Syrian men aged between 20 and 28 years old into custody, as well as seizing mobile phones, computers, and paperwork. They would also surveilled buildings in Berlin, the official said. According to German public broadcaster Hessischer Rundfunk , which cited sources close to the investigations, the gr... [Full Article...]

Robinho handed prison sentence for sexual assault

Robinho handed prison sentence for sexual assault Robinho , who is now playing for Brazil team Atletico Mineiro , was found guilty of committing the rape with five other people. Robinho , 33, who now plays with Atlético Mineiro in Brazil, pleaded not guilty via his lawyer and did not appear at any of the court hearings in northern Italy. [Full Article...]

President nod to Ordinance to amend Insolvency and Bankruptcy Code

President nod to Ordinance to amend Insolvency and Bankruptcy Code The Union Cabinet on Wednesday cleared an Ordinance that may make it impossible for wilfully defaulting promoters who have indulged in preferential transactions, disqualified under the Companies Act or found guilty of a fraud, to bid for companies. [Full Article...]

What to expect if you are traveling this Thanksgiving

What to expect if you are traveling this Thanksgiving Courtney said. Many people across the region began plotting their course of travel early. He says there will be between 22 and 28 thousand people *departing* from the airport today, and just as many arriving. If your commute is by auto, timing is key for the expected 2.3 million drivers on Florida's roads. Experts say that's because tickets are the cheapest they've been in the past four years. [Full Article...]

DOJ sues to block AT&T-Time Warner merger

DOJ sues to block AT&T-Time Warner merger The U.S. Justice Department is poised to sue to block AT&T's $85.4 billion takeover of Time Warner, according to a person familiar with the matter, culminating more than a week of sparring over the deal and dealing a major blow to the carrier's bid to create a media and telecommunications empire, Bloomberg News' Sara Forden and David McLaughlin report . [Full Article...]

Plowing up the statistics on: Deere & Company (DE)

Plowing up the statistics on: Deere & Company (DE) BlackRock Inc. raised its position in shares of Deere & by 2,432.6% in the first quarter. The President, WW C&F, Lbr Rltns now owns $5,717,717 of the stock per the Form 4 SEC filing. The company has a quick ratio of 1.90, a current ratio of 2.10 and a debt-to-equity ratio of 2.76. Deere &'s dividend payout ratio (DPR) is presently 40.20%. [Full Article...]

Days After Oil Spill, Construction Approved for TransCanada's Keystone XL Pipeline

Days After Oil Spill, Construction Approved for TransCanada's Keystone XL Pipeline The approval comes five days after a pipe rupture on another TransCanada line caused a major leak in South Dakota, spilling more than 200,000 barrels near the town of Amherst. The pipeline may also be more commercially viable given declining heavy oil production in Mexico and ongoing instability in Venezuela, said Zachary Rogers, a refining and oil markets research analyst at Wood Mackenzie, s... [Full Article...]

CPC Slams FCC Net Neutrality Decision in Favor of Big Corporations

CPC Slams FCC Net Neutrality Decision in Favor of Big Corporations Net neutrality makes the internet as a public utility, much like electricity, gas, or water service to your home. The repeal would represent a fundamental shift to how the internet is regulated. Pai distributed his alternative plan to other FCC commissioners Tuesday in preparation for a December 14 vote . All of it coming to us at the same speed thanks to net neutrality. [Full Article...]

'Game Of Thrones' Hack Investigation Sees US Prosecutors Charge Iranian Man

'Game Of Thrones' Hack Investigation Sees US Prosecutors Charge Iranian Man The company also took down the website and digital locker used by the hacker to distribute show materials after sending takedown notices to internet-service providers, The Wall Street Journal previously reported . The complaint mentions, "At certain times, MESRI was a member of an Iran-based hacking group called the Turk Black Hat Security team". MESR attempts to penetrate the network HBO ... [Full Article...]

Uber admits to covering up cyberattack that affected 57 million users

Uber admits to covering up cyberattack that affected 57 million users They also managed to download the names and driver's licence numbers of around 600,000 drivers in the US. He was not at the helm when it happened. The Uber CEO said that he only recently learned that outsiders had broken into a cloud-based server used by the company for data and downloaded a "significant" amount of information. [Full Article...]

Volvo to supply "tens of thousands" of autonomous cars to Uber

Volvo to supply The deal builds on a non-exclusive agreement signed back in 2016 by Uber and Volvo, which is expected to release its first self-driving auto in 2021. Uber has been testing prototype Volvo cars for more than a year, with safety drivers in the front seat to intervene if the self-driving system fails, in Tempe, Arizona and Pittsburgh. [Full Article...]

Massive gas line fire in Orion Township, Mich. leads to evacuations

Massive gas line fire in Orion Township, Mich. leads to evacuations The fire broke out on vacant land. Oakland County sheriff's officials say the blast area, located in Orion Township on the north of Brown Road and west of Joslyn Road, is almost 40 yards in diameter. Consumers says no customers had service interrupted because of the incident and no injuries were reported. All roadways in the area were reopened by 4:00AM Tuesday morning. [Full Article...]


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