Business

Solid domestic demand boosts Philippine manufacturing in November

Solid domestic demand boosts Philippine manufacturing in November A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction. Growth in China's manufacturing sector continued in November albeit at a slower pace than in the previous month with only modest increases in output. [Full Article...]

Infosys hires Salil Parekh of Capgemini as its new CEO

Infosys hires Salil Parekh of Capgemini as its new CEO The Board believes that he is the right person to lead Infosys at this transformative time in our industry, " Nandan Nilekani , chairman of the Infosys Ltd Board of Directors said on Saturday in an official statement. His tenure will begins on January 2, 2018. Interestingly on Saturday, Capgemini put out a separate press release, saying that Parekh "decided to leave the Group in the context of ... [Full Article...]

Lack of Potter magic zaps Barnes & Noble

Lack of Potter magic zaps Barnes & Noble The average Wall Street analyst rating for Barnes & Noble, Inc.is Hold, according to the average of 2 analyst scores. (NYSE: BKS ) has seen its stock price gain 3.60, or -32.29%, so far in 2017. Turning to J. C. Penney Company, Inc. ROI is a performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. [Full Article...]

Oil prices fall over 1% on pre-OPEC decision volatility

Oil prices fall over 1% on pre-OPEC decision volatility Brent crude futures fell by 0.69 percent to $63.17 per barrel, meanwhile U.S. West Texas Intermediate (WTI) crude futures dropped by 0.31 percent to $57.68 per barrel. "This, in combination with lower imports to the Midwest-due to the Keystone pipeline outage-and lower waterborne imports has encouraged a decent draw to crude stocks". [Full Article...]

GDP turns around, leaps to 6.3% in Sep quarter

GDP turns around, leaps to 6.3% in Sep quarter Commenting on the demonetisation drive a year ago and its impact on India's growth, Anant said the move will be very hard to read from GDP numbers. "GDP growth recovers to 6.3% in Q2 from a 3-year low of 5.7% in Q1". "Manufacturing growth has been one of the main reasons for the encouraging growth rate figure of 6.3 per cent for 2nd Quarter", he added. [Full Article...]

Long Island iced tea for $1 at Applebee's

Long Island iced tea for $1 at Applebee's In October, Applebee's had a "Dollarita" deal , during which it sold margaritas for just $1 each. And for good reason - you can't get a deal like that anywhere. "The Dollar L.I.T.is kind to your pocket book and a great drink to share with old friends and new ones this holiday season". It's available all day, every day throughout the entire month of December. [Full Article...]

Thousands of American Airlines flights for the holidays don't have pilots

Thousands of American Airlines flights for the holidays don't have pilots A computer glitch allowed an excessive number of vacations to be scheduled, creating a potential pilot shortage for what is expected to be one of the busiest holidays in years for the airline industry. The computer said, Hey ya'll. The union statement said in its statement that on Tuesday "management issued an update detailing the "significant holes" in the operation and unilaterally invoked a... [Full Article...]

British people place Longford above the border with Northern Ireland

British people place Longford above the border with Northern Ireland They took to the streets to ask random British people about Brexit's impact on Ireland, and they asked them to draw a line on a blank map of Ireland showing where the Republic ends and the North begins. Instead came the Easter Rebellion of 1916, the Irish War of Independence, the partition of the island between the independent Republic and Northern Ireland (part of the UK), the Irish Civil War, ... [Full Article...]

American Airlines Computer Glitch Leaves Thousands of Flights Understaffed During the Holidays

American Airlines Computer Glitch Leaves Thousands of Flights Understaffed During the Holidays The computer-system problem will force American to rebuild its staffing schedule, similar to what airlines must do after major weather disruptions, said John Cox, chief executive officer of consultant Safety Operating Systems and a former commercial airline pilot. [Full Article...]

Local stores offering Cyber Monday deals

Local stores offering Cyber Monday deals The group finds those who shopped online and in stores spent or were planning to spend $82 more on average than online-only shoppers, and $49 more on average than store-only shoppers. Online spend surpassed at least $1 billion every day in the lead up to Thanksgiving. "We are certainly encouraged that we are starting off from a position of strength", Shay told members of the media. [Full Article...]

Turley: Washington METRO Says Catholic Christmas Ad 'Prohibited'

Turley: Washington METRO Says Catholic Christmas Ad 'Prohibited' The archdiocese seeks injunctive relief after WMATA , as the agency is known, refused to allow an ad promoting the archdiocese's annual "Find the Perfect Gift" initiative for the Advent and Christmas seasons. "Our ad was created to be placed on metro bus exteriors to reach the broadest audience and to invite everyone to experience the well-accepted joyful spirit of the season, or to share their m... [Full Article...]

19 spacecraft go missing after Russian weather satellite launch goes awry

19 spacecraft go missing after Russian weather satellite launch goes awry This was only the second launch from Russia's new multibillion dollar spaceport in the Far East as the country looks to move away from relying on the Baikonur Cosmodrome base in Kazakhstan. "Currently, the information is being analyzed". The unmanned Soyuz-2.1b rocket was launched with a Fregat booster. Interfax earlier cited an unnamed source saying there had been a two hour communication s... [Full Article...]

Cyber Monday becomes largest online shopping day in United States history

Cyber Monday becomes largest online shopping day in United States history Adobe predicts this will be the first-ever holiday season to break $100 billion in online sales . Adobe said Cyber Monday is expected to drive $6.6b in Internet sales, which would make it the largest U.S. "This year, mobile shopping was dominant both in the morning and afternoon". Toys" R " Us, which filed for bankruptcy earlier this year, offered 15 percent items site-wide and another 25 pe... [Full Article...]

TRAI Weighs in Favour of Net Neutrality, Proposes License Amendments

TRAI Weighs in Favour of Net Neutrality, Proposes License Amendments Net neutrality was given a boost on Tuesday, when the Telecom Regulatory Authority of India ( TRAI ) brought out its much-awaited recommendations . The principles of net neutrality states that the telecom service providers and ISPs can not speed up or slow down the internet speed as per their will or as per their marketing strategies. [Full Article...]

Uber-Waymo case: Dramatic turn as judge says Uber lawyers withheld evidence

Uber-Waymo case: Dramatic turn as judge says Uber lawyers withheld evidence He also claimed that the team used a secretive messaging system on an anonymous server that would delete texts nearly immediately in order "to ensure we didn't create a paper trail that came back to haunt the company in any potential civil or criminal litigation". [Full Article...]

Shiffrin bounces back to take Killington slalom

Shiffrin bounces back to take Killington slalom The win for Rebensburg came four weeks after she won the giant slalom in the first race of the World Cup season in Soelden, Austria. "It wasn't easy but when I ski balanced, it makes it easier than when I don't". "Petra had a great second run, so there are quite a few girls who want it just as much as I do and the difference comes with the skiing, comes with the discipline, and that's where I'm ... [Full Article...]

Consumer Financial Protection Bureau Names Leandra English Deputy Director

Consumer Financial Protection Bureau Names Leandra English Deputy Director Before resigning Friday, CFPB Director Richard Cordray named chief of staff Leandra English his deputy director and presumed acting director. Later, Mulvaney's communications director tweeted a picture of him "hard at work as acting director", with the bureau's transition handbook placed visibly on his table. [Full Article...]

Gas prices down, but high for time of year

Gas prices down, but high for time of year The state had the third-argest average price change in the USA this past week, the release said. "Despite a forecasted 5 to 20 cents decrease in coming weeks, motorists will see higher than expected December gas prices - especially compared to year-end prices from 2015 and 2016", AAA spokesperson Jeanette Casselano said in a statement. [Full Article...]

Meredith to buy Time Inc. for $1.85 billion

Meredith to buy Time Inc. for $1.85 billion The brothers, who have never owned a media company, "would not have any operational control over the company", sources told The Times , but others warned that they would use the outlets to "promote their brand of conservatism". $650 million of the Meredith Corporation's $3 billion purchase came from the Koch Brother's private equity. Media watchdogs have expressed concern over the potential... [Full Article...]

Mixed results for Black Friday footfall

Those figures were released by Adobe Digital Insights , which tracks 80 percent of online spending at the 100 largest retail websites in the United States, CNN reported . And Black Friday isn't the only day that consumers tend to shop early in the holiday season. While brick-and-mortar sales may be down, the Mall of America in Minnesota reported that 2,500 people were in line before openin... [Full Article...]


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