Business

Indian coffee industry tycoon goes missing, investors spooked

Indian coffee industry tycoon goes missing, investors spooked I am exclusively responsible for all mistakes. Of the PE Investors in CCD, spokesperson of investment firm KKR Mauritius PE investments II Lt which owns 6.07 per cent, has said: "We have seen the statement that Coffee Day Enterprises has made to the stock exchanges". [Full Article...]

National Chicken Wing Day: Where to score some free wings

National Chicken Wing Day: Where to score some free wings The period from the Fourth of July until Labor Day is one America's longest holiday dead zones - that is, assuming you like your holidays dictated by the federal government. This offer is available for dine-in orders only. The all-you-can-eat special is dine-in only. Buffalo Wild Wings will be bringing back Wing Tuesdays from a two-year hiatus. [Full Article...]

Get $125 If You Were Affected by Equifax Data Breach

Get $125 If You Were Affected by Equifax Data Breach West Virginia's attorney general says state consumers affected by an Equifax data breach previous year can now file claims . Of that money, up to $425 million is being made available in order to pay restitution to those affected by the breach; $ 175 million is to be paid to individual states, Washington D.C. [Full Article...]

Amazon beats Street on Q2 net sales, misses on EPS

Amazon beats Street on Q2 net sales, misses on EPS Here's a look at the results. The money Amazon is sinking into delivery shows how the world's largest online retailer is not immune to competition, said Neil Saunders, managing director at research firm GlobalData. Analysts were expecting a profit of $5.57 per share, according to IBES data from Refinitiv . Meanwhile, Jon Reily, VP, global commerce strategy lead at Publicis Sapient and for... [Full Article...]

Google's parent company Alphabet posts $9bn profit in Q2

Google's parent company Alphabet posts $9bn profit in Q2 The upward thrust in Alphabet's shares, location for their finest single-day ticket in four years, may perchance possibly relief the stock design end up with its associates this year. Last time Google was in the FTC crosshairs for its anti-competitive actions was back in 2012. The GDP data will show the extent of the impact of the U.S. [Full Article...]

Dollar remains at two-month highs before United States growth data

Dollar remains at two-month highs before United States growth data With inflation stuck well below its target, industrial output in Germany in free fall and the U.S. Federal Reserve already in easing mode, it was widely seen as just a matter of time before the European Central Bank opened the door to more stimulus. [Full Article...]

Mom: Toddler breaks hand after ride on Atlanta airport conveyor belt

Mom: Toddler breaks hand after ride on Atlanta airport conveyor belt Vega said she "wanted to jump in and try to get him", but airport staff would not allow her. "I was just freaking out, and I'm, like, 'Oh my goodness, I hope he's OK. Authorities determined the child gained access to the bag belt through an unstaffed section of a Spirit Airlines ticket counter. Transportation Security Administration agents checking luggage in the baggage area can be seen immed... [Full Article...]

Is a $5bn fine the least painful part of Facebook's settlement?

Is a $5bn fine the least painful part of Facebook's settlement? The company generated $16.62 billion in revenue in Q4 of 2019, compared to $13.23 billion during the same quarter a year ago. "We had a strong quarter and our business and community continue to grow", Zuckerberg said . For example, Facebook is expected to release a "Clear History" feature later this year, which could hamper ad targeting if Facebook can't link users' browsing histories to their ... [Full Article...]

Facebook warns of costly privacy changes, discloses another USA probe

Facebook warns of costly privacy changes, discloses another USA probe Facebook did not break stride despite agreeing Wednesday morning to pay a record $ 5 billion fine to the US government, posting second-quarter results after the close of trading that exceeded Wall Street expectations. Zuckerberg also reiterated his desire for government regulation of the internet. Facebook said that online technology industry and the company had received increased regulatory... [Full Article...]

Elon Musk: Tesla Lost $408M This Is Why

Elon Musk: Tesla Lost $408M This Is Why Gene Berdichevsky, an early Tesla employee who has since moved on, told WSJ "there would be no Tesla as it is today" without Straubel's leadership. The list of high-profile executive departures from Tesla Inc (NASDAQ: TSLA ) grew even larger with perhaps the most notable name to date: co-founder and Chief Technology Officer J.B. [Full Article...]

Electric Ford F-150 Tows Train with 1250000 Pounds

Electric Ford F-150 Tows Train with 1250000 Pounds This convoy weighs 1 million pounds , according to Ford. The line of Ford F-150 trucks outside the rail cars marks the 1,000-foot distance. The figure, like Ford's million-pound feat, isn't an official tow rating, but Musk specifically said Tesla's truck will be able to tow as much as an F-150, which now has a maximum rating of 13.200 pounds. [Full Article...]

Warren Warns Another Financial Crisis Coming Worse Than 2008 Crash

Warren Warns Another Financial Crisis Coming Worse Than 2008 Crash Warren painted a gloomy picture of today's USA economic foundation, which is argued was "fragile" and could collapse easily. She proposed monitoring and reducing leveraged corporate lending and limiting potential shocks to the economy. Trump frequently boasts about the state of the economy, even tweeting that it is "the best it has ever been". The post is written in the meticulous and citatio... [Full Article...]

Volvos being recalled amid engine fire risk

Volvos being recalled amid engine fire risk Another way of checking if your auto is on the recall notice is to visit the volvocars.com website and type in your Vehicle Identification Number (VIN). Models included in the recall include the S60, S80, S90, V40, V60, V70, V90, XC60 and XC90. He said that the sole authorized dealer for Volvo in Estonia, AS Info-Auto, has notified most of the affected clients of the recall. [Full Article...]

Equifax forced to pay you $4 for compromising your data

Equifax forced to pay you $4 for compromising your data Equifax will also pay $275 million in fees to the Consumer Financial Protection Bureau, the Attorneys General of 48 states, Puerto Rico and the District of Columbia, and the New York Department of Financial Services. For the time you spent dealing with the breach. It was the largest breach in history, exposing the data of 56 percent of American adults. "Equifax put profits over privacy and gre... [Full Article...]

National Ice Cream Day 2019 Deals: How to Get Free Ice Cream

National Ice Cream Day 2019 Deals: How to Get Free Ice Cream The ice cream has bits of steak and bourbon caramel. Now it is observed annually each third Sunday of July. Cold Stone Creamery is giving existing My Cold Stone Club Rewards email members a buy-one-get-one-free coupon. If fact, North Carolinians love ice cream so much, back in February a bill was filed in the North Carolina General Assembly making ice cream the state's official frozen treat... [Full Article...]

Tesla’s Newest V3 Supercharger Can Charge 1,500 Vehicles A Day

Tesla’s Newest V3 Supercharger Can Charge 1,500 Vehicles A Day The Tesla V3 Supercharger will help in reducing the time taken to charge cars, by a large number. The V3 is not a retrofit of the company's previous generations. Tesla says that it supports Caesars' "CodeGreen" goal to cut greenhouse-gas emissions 30 percent by 2025. As for what it's capable of doing, Tesla explains that it can support a peak rate of up to 250kW, and is specifically cre... [Full Article...]

CBS goes dark for DirecTV customers following AT&T contract dispute

CBS goes dark for DirecTV customers following AT&T contract dispute The previous contract expired without a replacement at 2 a.m. A CBS logo is seen outside its headquarters, in NY. The network is still available free through an antenna but about 90 million of the 119 million homes that receive CBS get it through paid TV, generating billions of dollars for the network, according to The Times . [Full Article...]

Microsoft shares hit record highs, powered by growing cloud sales

Microsoft shares hit record highs, powered by growing cloud sales Microsoft's net income rose to $13.19 billion or $1.71 per share within the fourth quarter, from $8.87 billion or $1.14 per share a year earlier. Shares in Microsoft Corp ( NASDAQ: MSFT ) jumped 1.45% to change hands at $138.40 apiece in after-hours trading Thursday, after the tech giant announced upbeat earnings results for the fourth quarter of its 2019 fiscal year. [Full Article...]

Trump attacks US Fed, demands rate cut

Trump attacks US Fed, demands rate cut The comments by Williams made it a virtual certainty the Fed would cut interest rates by 25 basis points (bps) at its July 30-31 policy meeting and also revived expectations of an even deeper 50 bps reduction. "Of course the market would latch on to a speech like this - given focus and timing - right before the July confab". "Disinflationary pressures, if anything, are more intense than I though... [Full Article...]

South Korea's central bank lowers rate amid Japan trade row

South Korea's central bank lowers rate amid Japan trade row Bank Indonesia (BI) on July 18 reduced the key lending rate 25 basic points to 5.75 percent, a decision made ahead of an anticipated rate cut by the US Federal Reserve (Fed) later this month. Samsung Electronics Co.is exploring all possible means to secure stock piles of Japanese materials in preparation for Tokyo expanding its export restrictions, company sources said Thursday. [Full Article...]


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