Finance

Trump Hotels rebrands, shifts focus to millennials

According to Executive Vice President of Development & Acquisitions, Ivanka Trump , "Our business at Trump Hotels is stronger than ever and we are incredibly excited about the future of Scion , the newest brand in our hotel portfolio". The Sultan of Brunei had a similar problem in 2014, when his swank Beverly Hills Hotel was boycotted after the kingdom implemented Islamic criminal laws that call for death by stoning for gay people.

Finance

MA unemployment rate now down to 3

The national unemployment rate increased one-tenth of a percentage point over the same period to 5.0 percent. Not seasonally adjusted, it was 4.8 percent. There was a loss of 1,000 jobs in retail, 1,000 lost jobs in information technology, and 1,000 jobs lost in finance and insurance. The county has noticed improvements in recent months, with unemployment standing at 3.2 percent in July, 3.6 percent in June and 3.3 percent in May and April.

Finance

North Carolina Democrats win extension of voter registration deadline

The North Carolina Democratic Party filed a lawsuit to extend the voter registration deadline. A state judge in North Carolina gave residents in counties hit hard by Hurricane Matthew five extra days to register to vote after Democrats sued to get an extension to Friday's deadline, while a federal judge ordered an extension in one Georgia county.

Finance

Tesla to feature "Self Driving" level 5 Hardware systems

This has set the pace for other auto makers to massively buff their vehicles with extra hardware to achieve full autonomy. Musk told reporters that all the vehicles manufactured by Tesla are being equipped with the requisite hardware for ensuring that the vehicles have the fully self-driving capability.

Finance

NewsAlert:Oil soars to levels not seen in a year

West Texas Intermediate oil for November delivery fell 56 cents to $50.79 a barrel on the New York Mercantile Exchange. It hit $US51.93 earlier, its highest since July 2015. Traders said prices were receiving support from the notion that oil markets, which have been dogged by oversupply for two years, may be closer to balance than previously anticipated.

Finance

Advanced Micro Devices Posts Second Straight Revenue Increase

Microsoft Corporation (MSFT) recently recorded -0.23 percent change and now at $57.53 is 25.71 percent away from its 52-week low and down -1.99 percent versus its peak. 10/18/2016 - Advanced Micro Devices , Inc. had its "buy" rating reiterated by analysts at Canaccord Genuity. Finally, Jacobs Levy Equity Management Inc.

Finance

'Trump Steaks was bold?' Cuban and Giuliani get heated before final debate

On Tuesday, Trump said the media is " more crooked than crooked Hillary", Clinton, his Democratic presidential rival. In an interview Monday, Trump said Russian Federation "can't stand" either Democrat. They then sparred about Trump's treatment of women, as several women have recently accused Trump of groping them without consent. At a campaign rally on Tuesday in Grand Junction, Colorado, Trump continued his attack, saying: "The press has created a rigged system and poisoned the minds of ...

Finance

Tesla Says All Vehicles in Production Capable of Self-Driving

In a press conference Wednesday, Tesla CEO Elon Musk said cars now in production will be equipped with the necessary hardware - including eight camera sensors and 12 ultrasonic sensors - to allow for fully autonomous driving. Musk said a Tesla automobile would soon amount to being "a supercomputer in a vehicle", referencing new vision, sonar and radar processing software that is run by a computing system 40 times more powerful than what Tesla first introduced.

Finance

Steady Stock Movements: Abbott Laboratories (NYSE:ABT)

Bank of America Corp. reiterated a buy rating on shares of Abbott Laboratories in a research report on Monday, September 19th. Silicon Laboratories, Inc. The stock has declined slightly more than 2 percent in the last 12 months. Advantus Capital Management Inc now owns 143,935 shares of the healthcare product maker's stock valued at $5,658,000 after buying an additional 953 shares during the last quarter.

Finance

14 children from Calais 'Jungle' camp arriving in UK

I hope British hospitality is not being abused. But volunteers said there was no information available about where the potentially eligible children could be rehoused in France. "They are hulking teenagers who look older than 18". He told Premier people can be "praying for them in their readjustment, and for their family members as they get to know them again".

Finance

Netflix Subscriptions Boom Around World, Shares Jump 20 Percent

According to the company, the stronger-than-expected subscriber acquisition for the third quarter was driven by "excitement around Netflix original content". "This nostalgic, supernatural thriller proved to be the blockbuster of the summer and is the kind of broad appeal, cross demographic, and cross border sensation that we hope will distinguish Netflix original content".

Finance

USA stocks join global slump following weak report from China

Asian stocks fell, led by Hong Kong equities, after China's exports unexpectedly declined. MSCI's broadest index of Asia-Pacific shares outside Japan touched its lowest since September 19 too as Hong Kong stocks fell 1.2 per cent and Japanese shares dropped 0.4 per cent thanks to a stronger yen.

Finance

Thai PM says crown prince confirms he will perform duty as heir

The Royal Palace said Bhumibol died "in a peaceful state" at Siriraj Hospital in Bangkok , where he had been treated for various health problems for most of the past decade. It is not unusual to see Thais moved to tears when they talk of a future without him. "There are more portraits of the Crown Prince now than a few years ago", a palace source told Reuters in February.

Finance

Oil Rises As Fuel Supply Drop Offsets Crude Stockpiles Increase

Shelton said crude builds were common this time of year as US refineries headed into maintenance. He commented that the country is also ready to join the OPEC to curtail its output. OPEC still has "work to do come up with the detail that will convince the market", Alex Beard, head of oil at Glencore, said. "In 2014, the big opportunity was in prices going down and now the big opportunity is in prices going up".

Finance

China says EU duties on Chinese steel are unfair

The root cause of Europe's steel problems was not trade but weak economic growth, it said. Hot-rolled coil is a bread-and-butter product used in everything from cars to construction. Chinese steel products represent less than 5 per cent of the European market and do not present a serious threat to European industry, the ministry said.

Finance

Wells Fargo illegally repossessed 413 service members' cars

On Thursday, it was the House Financial Services Committee's turn to question Stumpf . Many lawmakers were not pleased with Stumpf's responses to their questions and with his defense that the bank had self-reported and self-policed the problem.

Finance

Asian stocks mostly up as Deutsche Bank concerns ease

The Australian dollar was trading at 0.7652 against the USA dollar late Monday afternoon local time, and was mostly rangebound throughout the Asian session. CURRENCY JITTERS: The pound extended losses, falling as much as 0.5 percent to a 31-year low of $1.2760, as investor anxiety intensified over the British government's plans to leave the European Union.

Finance

Mall of America to close for Thanksgiving

The Mall of America said some stores and restaurants may choose to be open on Thanksgiving, so security personnel will be on duty during the holiday. In the last few years, the mall stayed open into Thanksgiving night as shoppers took advantage of deals and sales, but the Star Tribune reported that it will instead officially open at 5 a.m.

Finance

Toll booths to start disappearing in NY, Mass.

The LED lighting plan will also be extended to the George Washington Bridge which is operated by the Port Authority. The automatic tolling system will affect the Hugh L. "New York's bridges and tunnels are used by millions of people each year and essential to our entire region's economic success", Sen. Colored LED lights will turn structures into art, and the governor said the money has already been appropriated.

Finance

Dow Jones Stocks Tripping Over Their Feet

Oct 4 The S&P 500 index and the Dow fell in choppy trading on Tuesday, but Apple helped the Nasdaq stay in positive territory. Investors took that as a sign that the Federal Reserve is more likely to raise rates from super-low levels this year, and pushed yields on government bonds higher.

Finance

Market Challenge: All Eyes On Deutsche Bank

Germany's largest lender has been engulfed by a crisis of confidence after the U.S. Justice Department said it should pay up to US$14 billion to settle claims that it missold U.S. The Bank is engaged in providing commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals.

Finance

How to Watch the 2016 VP Debate

The balance of the time will be used for a deeper discussion on the topic. Does the IN governor support Trump's descriptions of women and minorities? Mike Pence is the governor of IN and a former USA congressman. Republicans have been moving to the right for some time , and Democrats have been moving left in recent years as well (though not as quickly). In response to the law, a number of businesses pulled out of moving or expanding in Indiana.

Finance

8@eight: ASX set to open lower ahead of RBA decision

However, market reaction to the data was muted as investors await a crucial report to the hiring activity on Friday which will play a big role in the Federal Reserve's decision to raise interest rates this year. Ford Motor monthly sales fell 8%, General Motors Co . sales slipped 0.6% last month, while Fiat Chrysler Automobiles sales declined 1%, suggesting a six-year climb in auto sales is levelling off.

Finance

Trump Slut-Shames Alicia Machado, Urges People to Watch Nonexistent Sex Tape

Gaggling with reporters on her plane Thursday, Clinton was asked whether she feels any obligation to object to a spouse's indiscretions being brought up in the campaign. Clinton campaign spokesman Nick Merrill said in a tweet: "There's been a lot of talk about sex tapes today and in a odd turn of events only one adult film has emerged today and its star is Donald Trump".

Finance

Seahawks not expecting another slop-fest from Fitz, Jets

Jets interior defensive linemen vs. Germain Ifedi: Seahawks quarterback Russell Wilson is expected to play with a brace on his knee which could impact his ability to run around and make plays. Last week, he threw two of his interceptions to Kansas City's Marcus Peters. "We'll see where he fits in when we get to game time", Carroll said. "It's really important for us to understand the individuals.

Finance

How the Dow Jones industrial average fared on Monday

Stocks closed higher on Tuesday, despite a sharp fall in oil prices, following the first presidential debate between Hillary Clinton and Donald Trump. The Nasdaq is up 298.30 points, or 6 percent. With the drop, the index fell to a three-month closing low. Oil prices soared Wednesday, with both United States oil and Brent crude jumping over 5 percent, as a report said that the Organization of the Petroleum Exporting Countries (OPEC) has reached a deal to cut oil output for the first time ...

Finance

Tokyo shares open lower on Deutsche Bank concerns, strong yen

The OPEC news lifted shares of Japanese oil companies, with Inpex Corp rising as much as 7.9 percent, Japan Petroleum Exploration (Japex) up as much as 9.8 percent and Cosmo Energy Holdings gaining as much as 4.6 percent. The Canadian dollar traded at C$1.3051 to the dollar after gaining almost a percent overnight. The bank's US shares closed down 6.7 percent at $11.48 after earlier falling to as low as $11.185.

Finance

Wells Fargo claws back part of CEO, other executive's salary

On Tuesday, Wells Fargo said CEO John Stumpf will forfeit unvested equity awards worth about $ 41 million and will not get a salary while the company's board investigates the bank's sales practices. Sanger added that the bank could take further action based on the results of the investigation. Former employees Alexander Polonsky and Brian Zaghi accuse Wells Fargo of wrongful termination, along with unlawful business practices and failure to pay wages, overtime, and penalties under ...

Finance

Markets Right Now: US stocks close higher

Asian shares held near 14-month highs on Friday as investors restored bets the Federal Reserve is settling into a phase of very gradual interest rate rises, while Japanese bond yields fell after the Bank of Japan's radical new policy scheme.

Finance

Jann Wenner Sells 49 Percent Rolling Stone Stake to Singapore's BandLab Technologies

Kuok Meng Ru , the third son of Singapore-based agribusiness tycoon Kuok Khoon Hong, launched BandLab past year as a social network for musicians and fans. Rolling Stone was founded in 1967 and has become a staple of American pop culture. Kuok said: "A 49 per cent partnership - it's like a marriage, right?" Gus also said that the brand partnership will seek to expand Rolling Stone's presence in merchandising, live events, and hospitality.

Finance

Pfizer says it's decided not to split into two companies

On Monday the company released its decision, saying that a supposed "valuation gap" between the company's market cap and the value of its individual units has closed over time. Meantime, the company's older-drugs business notched $22.1 billion in sales mostly from products that have lost patent protection and therefore are losing sales, such as cholesterol-lowering drug Lipitor and menopausal drug Premarin.

Finance

Company buys land near North Dakota pipeline route

Individuals speaking for the group Iowa Citizens for Community Improvement say they are hoping to "grow and ramp up the movement" to stop the pipeline, and plan to gather until 5 p.m at the Boone County Fairgrounds. The Mandan, Hidatsa and Arikara Nation asked the Eighth U.S. Circuit Court of Appeals' three-judge panel Wednesday to expedite their review of the Sacagawea pipeline because it "raises issues of unusual magnitude and urgency".

Finance

Tesla Sues Michigan Over Law Requiring Sales Through Franchised Dealerships

And while there was a chance Tesla might appeal the ruling, it instead sued the state of MI in federal court. Tesla officials said it was a last-minute, monopolistic strike at their upstart company, which makes all-electric vehicles and has no traditional dealerships.

Finance

Asian shares surge, dollar falters on slow-motion Fed

If the Bank of Japan is going to keep 10-year yields at zero percent, then any issuance by the government of that duration would come at zero cost, and likely be swallowed substantially by continuing central bank buying - adding up to direct financing of the budget that has been speculated for months.

Finance

Markets Right Now: US stocks open higher

Ms. Yellen said if the public had been watching this week's meeting on TV, they would have witnessed a "rich, deep, serious, intellectual debate about the risks to the forecast for the economy". Importantly, at the same time, you hear that the risks are now "roughly balanced", while they talked about being "on hold for the time being". The Fed next meets in the first week of November, before the presidential election.

Finance

Homebuilder Sentiment Jumps to Highest Level in Nearly a Year

The National Association of Home Builders/Wells Fargo builder sentiment index released Monday climbed six points this month to 65 following a downwardly revised reading of 59 in August . An index of their outlook for the market over the next six months rose to 71 from 66. A measure of current sales conditions for single-family homes jumped six points to 71, while builders' view of sales over the next six months increased five points to 71.

Finance

US agency orders corrective action after gas pipeline spill

Governors Pat McCrory of North Carolina, Nathan Deal of Georgia, and Robert J. Bentley of Alabama have all issued emergency declarations in order to keep fuel flowing in the southeastern states. anticipated its pipeline, which runs from Texas to New Jersey, would be reopened by this weekend, but bad weather has caused delays. It has been shut down since last Friday due to the spill, which may impact the fuel supplies in a number of states.

Finance

Police officer critical, suspect dead after shootout in Atlantic City

Atlantic City police Chief Henry White said the shooting happened around 4 am after officers stopped a vehicle with three men near a parking garage of Caesars casino . "This is an active investigation", the department said on Twitter. Atlantic City police confirmed one officer was wounded and one suspect shot and killed.

Finance

Apple Japan unit ordered to pay $118 million tax for underreporting income

The report said the unit was sending part of the profits it earned from fees paid by subscribers in Japan to another Apple unit in Ireland to pay for software licensing. tax bill by claiming foreign tax credits for its extra tax bill in Ireland. The EU has been fighting against US multinationals such as Apple who willingly exploit tax loopholes.

Finance

RCom, Aircel merge, create entity of Rs.65000 crore

MCB is Malaysia's Maxis Communications, which is the promoter of Aircel. R-Com will demerge its wireless business and transfer it to the new entity, while the standalone business will focus on the enterprise segment and data centre businesses.