Business

Brace for powerful winds across the Charlotte area on Friday

Brace for powerful winds across the Charlotte area on Friday A Flood Watch is in effect through Friday night for the tri-state area. Minor to moderate level tidal flooding is expected, 2 to 3 feet above normal. As the powerful coastal storm hits the East Coast, several schools in the area are closed or reporting delays. [Full Article...]

Smith & Wesson Parent Cuts Forecast, Sees Weak Market Ahead

Finally, Quantbot Technologies LP grew its position in American Outdoor Brands by 114.6% in the 3rd quarter. BlackRock Inc. now owns 6,012,767 shares of the company's stock valued at $77,204,000 after buying an additional 502,638 shares in the last quarter. [Full Article...]

No Anchorage flight delays from East Coast storm

No Anchorage flight delays from East Coast storm The pilots themselves did not fare much better. Passengers on the short flight from Charlottesville to Washington D.C. met a messy end to their journey as their plane attempted to land in the middle of a Bomb Cyclone earlier this week. became ill" but that nobody required medical attention. More than a dozen flights out of Dulles, in Northern Virginia, were canceled Friday and thousands mo... [Full Article...]

Rideshare drivers mostly earning less than minimum wage: MIT report

Rideshare drivers mostly earning less than minimum wage: MIT report That's far below the federal minimum wage of $7.25. In September of past year, London decided not to renew Uber's license to operate in the city, citing lacking corporate responsibility as one of the primary determinants. At issue is the number of miles devoted to the rideshare business versus personal use. When operating expenses -insurance, vehicle maintenance, depreciation, repairs and fuel... [Full Article...]

Stock indexes waver as investors parse Fed chief's comments

Stock indexes waver as investors parse Fed chief's comments Though rising long-term interest rates and recent equity market volatility have tightened financial conditions, Powell said, "we do not see these developments as weighing heavily on the outlook for economic activity, the labor market and inflation". [Full Article...]

USA approves possible sale of javelin missiles worth $47 mln to Ukraine

USA approves possible sale of javelin missiles worth $47 mln to Ukraine While Ukraine has said the weapons would be used defensively, Moscow said they would encourage force. But lawmakers from both parties have been broadly supportive of selling lethal defensive weapons to Ukraine. Ukrainian President Petro Poroshenko said back in December that any weapons provided by the USA would be used to protect Ukrainian solider and civilians. [Full Article...]

Results today: Nagaland, Tripura and Meghalaya on tenterhooks

Results today: Nagaland, Tripura and Meghalaya on tenterhooks However, a third exit poll predicts a close contest between the CPM and the BJP in the 60-member assembly. Balloting in the Charilam (reserved for the tribals) has been deferred to March 12 after the death of a CPI-M candidate. The CPI-M had won 49 of the 55 seats it contested while the Congress managed to win 10 out of 48 seats it contested. Nagaland Chief Electoral Abhijit Sinha said, ... [Full Article...]

Wall St reverses course to move higher after Powell comments

Wall St reverses course to move higher after Powell comments Euro zone government bond yields rose on Wednesday after new Federal Reserve chief Jerome Powell said the USA economy had strengthened since December and inflation will rise, encouraging bets that the Fed might raise rates four times in 2018. [Full Article...]

Matt Caldwell takes issue with retailers 'caving' on guns

Matt Caldwell takes issue with retailers 'caving' on guns But sales had resumed at its chain of stores under the name Field & Stream. Lawyers for the gun shop that sold him the weapon said their understanding is the suspect answered the form appropriately. ■ No longer sell high-capacity magazines. Dick's sales decision would "not make everyone happy", Stack said in his televised interview. You now have to be at least 21 years old, after a poli... [Full Article...]

Amazon acquires smart home device manufacturer Ring for $1 billion Dollars

Amazon acquires smart home device manufacturer Ring for $1 billion Dollars Amazon expanded its network of household, internet-connected gadgets with the acquisition of Ring, a high-tech doorbell makers based in Santa Monica, for the price of $1 billion. This service will allow Amazon delivery people to drop packages inside of people's homes. "We're excited to work with this talented team". We expect Ring products to play nicely with the Amazon Echo , given Amazo... [Full Article...]

North Koreans arrive for PyeongChang Games closing ceremony

North Koreans arrive for PyeongChang Games closing ceremony Pyongyang denounced them on Sunday just as Moon was meeting Kim Yong Chol. The group ended a three-day visit to the South in which it repeatedly expressed its willingness to talk with the U.S., reports Efe news. Moon, in a meeting with Kim Yong Chol on Sunday, also urged the North to open dialogue with the U.S. as soon as possible - to which Kim responded by saying the North was "very willing... [Full Article...]

President Trump Made an 'Informal' $3.9 Billion Air Force One Deal

President Trump Made an 'Informal' $3.9 Billion Air Force One Deal In their report they said that the estimated cost of the planes was $4 billion, but that Trump was trying to get the cost down. A Boeing official said the price includes work to develop and build two presidential aircraft, including features unique to Air Force One such as a communications suite, internal and external stairs, large galleys and other equipment, as well as structural changes... [Full Article...]

Galaxy S9 vs Google Pixel 2 vs iPhone X

Galaxy S9 vs Google Pixel 2 vs iPhone X Last year, Samsung was embroiled in controversy around the Note 7's hazardous battery problems but, following the success of the S8 and Note 8, the company was primed to unveil its S9 flagship model at Mobile World Congress 2018 in Barcelona. [Full Article...]

Unions Stage 'Day Of Action' Rallies Ahead Of Supreme Court Case

Unions Stage 'Day Of Action' Rallies Ahead Of Supreme Court Case Obviously, that is unconstitutional - but "fair share" has been the law of the land in many states for years. The lawsuit was brought by Mark Janus , a resident of IL and an employee of the state as a child-support specialist. "Doesn't it blink reality to deny that that's what's happening here?" Destiny Dusosky came from St. Cloud with her mother, also an AFSCME member and her daughter, w... [Full Article...]

All Eyes On Sky: Comcast's $31 Billion Offer Could Trigger Bidding War

All Eyes On Sky: Comcast's $31 Billion Offer Could Trigger Bidding War Unveiling the bid (PDF), Comcast CEO Brian Roberts described Sky as "an outstanding company" delivering "a fantastic viewing experience", which was a "consistent innovator". In fact, Comcast has already said that it does not believe that a tie-up would create any media plurality concerns in the UK. And he said the USA cable giant was "a proven steward of world-class brands" and would be a... [Full Article...]

After backlash, AIADMK decides to alter Jaya's statue

After backlash, AIADMK decides to alter Jaya's statue The state government is offering a subsidy of rupees 25,000 for women to buy two-wheelers. The Prime Minister also shed light on farmer-centric schemes, financial inclusion in rural areas, and improvement in health and sanitation across the country. [Full Article...]

Opening of US Embassy Jerusalem

Opening of US Embassy Jerusalem According to the information, that The Times claims four sources corroborated, the U.S. State Department is checking to see if such a move would be legal. "The time is now for all United Nations member-states to follow in the footsteps of the USA and declare that they too recognize Jerusalem as the eternal capital of the State of Israel", the envoy added. [Full Article...]

OAR outlast Germany for Olympic ice hockey gold in overtime classic

OAR outlast Germany for Olympic ice hockey gold in overtime classic Russian goal song "Those Were The Days" blared over the Gangneung Hockey Centre speakers as fans clad in red, white and blue and holding flags celebrated. This one was expected all along. Stocked with former National Hockey League players - Pavel Datsyuk , Ilya Kovalchuk , Slava Voynov, Mikhail Grigorenko and Nikita Nesterov - the Russians were by far the most talented team in the tou... [Full Article...]

Berkshire Hathaway says tax law gives it $29B boost in 4Q

Berkshire Hathaway says tax law gives it $29B boost in 4Q The new law cut the corporate income tax rate to 21% from 35%, a change that has seen boosting the earnings of scores of US companies. Warren Buffett is retiring from the board of directors of Kraft Heinz, a subsidiary of his company Berkshire Hathaway . [Full Article...]

Delta, United end discounted rate for NRA members

Delta, United end discounted rate for NRA members But amid the backlash and protests over the Parkland school massacre in Florida on Valentine's Day 2018, the discount is quickly disappearing as the outlets offering them wish to avoid the heated controversy surrounding both the NRA's influence on legislators and gun control in general. [Full Article...]


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