Money

Money Prezzo set to close 100 restaurants in rescue attempt
Author: 0 Prezzo set to close 100 restaurants in rescue attempt

Prezzo would become only the latest casual dining chain to use a CVA to secure its future in response to soaring costs and restaurant oversupply, following in the footsteps of Byron, the posh burger chain, and Jamie's Italian . The UK arm of toy retailer Toys R Us and electronics chain Maplin both collapsed into administration this week. If plans, revealed by an insider at the brand, go ahead it could involve the complete closure of chain Chimichanga, meaning Lincoln's much-loved ...

Money Body part found in hunt for missing Japanese woman
Author: 0 Body part found in hunt for missing Japanese woman

Bayraktar is now being held on suspicion of murdering the 27-year-old woman, who has not been identified, but has not yet been charged with a crime. The decapitated head was found over the weekend as police searched the apartment for signs of a missing 27-year-old woman who vanished after telling a pal she was meeting an American tourist she found online, The Ashashi Shimbun reported.

Money Yuma home sales on the rise contradicting national slowdown
Author: 0 Yuma home sales on the rise contradicting national slowdown

This marks the largest annual decline in sales since August 2014's decrease of 5.5 percent and the slowest sales pace since 5.37 million last September. Twenty-two percent of existing-home sales in January were all-cash, with 17 percent by individual investors. "There are a variety of reasons why people buy homes that are completely independent of mortgage rates", Fleming says in First American's monthly Potential Home Sales Model and analysis for January.

Money Walmart is not betting on becoming another Amazon
Author: 0 Walmart is not betting on becoming another Amazon

Hsbc Public Ltd Liability stated it has 0.27% in Walmart Inc. Even the Hefty dividend of 2.02 percent annually could not save the shares from dropping like a rock. According to these analysts, the Low Revenue Estimate for Wal-Mart Stores Inc.is 133.19 Billion and the High Revenue Estimate is 136.72 Billion. KeyBanc Capital Markets maintained Walmart Inc .

Money Barclays profits damaged by charges including £127m Carillion hit
Author: 0 Barclays profits damaged by charges including £127m Carillion hit

Barclays' attributable loss compares with a £1.6 billion profit over the course of 2016. The group's pre-tax profit, however, rose by 10 percent to £3.54 billion in 2017, and customer deposits increased 2 percent to £193.4 billion. Barclays shares were up 5.8% in early trading. "In addition, the group has re-iterated all of its medium-term financial targets albeit noting that the percentage group effective tax rate will be lower than previously guided as a result of the impact if United ...

Money Venezuela tries a cryptocurrency to solve its economic crisis
Author: 0 Venezuela tries a cryptocurrency to solve its economic crisis

Venezuela has allocated five billion barrels of oil to back its new digital currency, which will be tied to the cost of a barrel of Venezuelan oil. A total of 100-million petros will go on sale, with an initial value set at $60, based on the price of a barrel of Venezuelan crude in mid-January.

Money United Kingdom rate in unemployment rises for first time in two years
Author: 0 United Kingdom rate in unemployment rises for first time in two years

Rising employment in 2017 was driven by United Kingdom nationals, the ONS said. The Bank of England is anticipating a pick-up in wage growth soon - a key reason why it recently signalled that interest rates were likely to rise faster and to a greater extent than previously thought.

Money Adani Group says will invest Rs 35000 crore in Uttar Pradesh
Author: 0 Adani Group says will invest Rs 35000 crore in Uttar Pradesh

Uttar Pradesh government wants to pull out at all stops to make the investors summit a grand success. President Ram Nath Kovind will attend the valedictory function on Thursday. According to the Central Statistics Office data, the size of the Maharashtra and Uttar Pradesh economies was $308 billion and $172 billion, respectively, in 2015-16.

Money American Airlines Agent Saved 2 Teen Girls From Alleged Sex-Trafficking Ring
Author: 0 American Airlines Agent Saved 2 Teen Girls From Alleged Sex-Trafficking Ring

Police said predators frequently befriend victims on the internet before luring them away from home. "I think the way they kept looking back-and-forth at each other like they weren't really sure. Miracle "probably really was their miracle that day, whether they want to believe it or not", Deputy Todd Sanderson told reporters. Two teenage girls who thought they had landed dream modelling jobs in NY were saved from a sex trafficker by a vigilant airline worker.

Money Burnout Paradise Remastered races onto the scene next month
Author: 0 Burnout Paradise Remastered races onto the scene next month

The game will be available later this year on EA Origin on PC as players will be able to experience the Big Surf Island add-on for the first time. "When people think of Criterion Games, they often remember the Burnout franchise and for good reason". Webster also went on to say that Burnout Paradise Remastered will have the trademark stunt driving and the speed found in other Burnout games.

Money Amazon Offering Cash Back to Customers Who Shop at Whole Foods
Author: 0 Amazon Offering Cash Back to Customers Who Shop at Whole Foods

Card members currently not part of the Prime program will now earn 3 percent back on Whole Foods purchases when using the Amazon Rewards Visa Card , in addition to the same discounts elsewhere that Prime members also receive. Amazon has steadily introduced various cross-selling opportunities between its empire and Whole Foods. Expect to see more integration between Amazon's technology and Whole Foods.

Money Congressman: FCC watchdog will probe chairman-Sinclair links
Author: 0 Congressman: FCC watchdog will probe chairman-Sinclair links

But lawmakers are suspicious of a number of decisions that directly benefitted one media group - Sinclair Broadcasting . But the reason that the FCC had focused on JSAs and insisted on giving them special scrutiny was because Sinclair Broadcasting had used the arrangement for more than two decades to drive small television stations out of business and expand into new markets.

Money 'Collapse' in home-ownership among young adults on middle incomes, study finds
Author: 0 'Collapse' in home-ownership among young adults on middle incomes, study finds

And at 27 per cent, the home ownership rate of middle-income young adults in Britain is now closer to those with low incomes than it is to those on high incomes. The average cost of a home across the country was £227,000 in December, which is £12,000 more than at the same point a year earlier. Local newspapers accused the explosion in house prices of having "robbed" the younger generation of the ability to buy their homes.

Money R Street Disappointed by Commerce Department's Steel Imports Report
Author: 0 R Street Disappointed by Commerce Department's Steel Imports Report

A quota on all steel products from all countries equal to 63% of each country's 2017 exports to the United States. Trump is expected to make a decision by April. "Other countries will retaliate, killing the very exports and American jobs this administration seeks to promote". The meeting also included brief comments by multiple participants on other trade matters, including South Korea (the KORUS FTA is a "very bad trade deal"), China (is "violating the global rules, stealing our ...

Money Salon Finds A Novel Workaround For Lost Ad Revenue: Cryptocurrency Mining
Author: 0 Salon Finds A Novel Workaround For Lost Ad Revenue: Cryptocurrency Mining

Monero recently made headlines when Coinhive malware schemes hit thousands of websites, including government addresses. Salon has a new strategy of dealing with people who block ads on the website. You'd be wrong to think, however, that Salon's cryptocurrency-mining activity won't have any impact on your computer. "We noticed you're using an ad blocker".

Money Trump offers condolences to Putin for plane crash
Author: 0 Trump offers condolences to Putin for plane crash

Abbas has refused any contact with Trump's administration since Washington's decision at the end of a year ago. "From now on, we refuse to cooperate in any way with the Americans in its status as a mediator , as we stand against its actions", said Abbas.

Money Looking for deals on National Pizza Day? It's as easy as pie
Author: 0 Looking for deals on National Pizza Day? It's as easy as pie

From 3 p.m.to 7 p.m., participating Baskin-Robbins locations are giving out free samples of their new Sweetheart Polar Pizza. HollywoodLifers , are you celebrating National Pizza Day? California Pizza Kitchen - Try CPK's new cauliflower crust for no additional charge through February 9.

Money Six Nations: Alun Wyn Jones says he'll have words with
Author: 0 Six Nations: Alun Wyn Jones says he'll have words with "Uncle Eddie"

After every game we will always review our performance and see what lessons can be learnt, what we need to improve on, and looking to see if there was anything that we got very wrong in the game plan that we need to go away and practise. It was the size of a TV screen - a metre by a metre-and-a-half - and it had the Italy and England badges in the middle and tasted absolutely wonderful.

Money German coalition under strain as SPD leader falls from grace
Author: 0 German coalition under strain as SPD leader falls from grace

Any agreement will be submitted to a ballot of the Social Democrats' members, a process that will take a few weeks. And in Berlin they demanded that Germany return to the European Union leadership position. Many Social Democrats have blamed their poor showing on the party's membership in the previous "grand coalition ". Faced with snap elections that could further boost the AfD or the prospect of heading an unstable minority government, she opted to woo back the SPD - her junior partner ...

Money Canada's volatile jobs survey posts biggest monthly drop since 2009
Author: 0 Canada's volatile jobs survey posts biggest monthly drop since 2009

However, several experts made sure to note that before trying to draw conclusions from the January report, one should consider the well-known month-to-month volatility in the jobs figures. Locally, while Prince Albert's unemployment rate was down to 8.4 per cent from 8.7 the year prior , a number of factors contributed to this. Poloz has repeatedly said future rate decisions will be highly data dependent.

Money How Two Tiny Vol Products Helped Fuel Sudden Stock Slump
Author: 0 How Two Tiny Vol Products Helped Fuel Sudden Stock Slump

But not all investments are bouncing back so easily. In the aftermath of an unexpected volatility explosion, Credit Suisse is moving to terminate the VelocityShares Daily Inverse VIX Short-Term ETN (NYSEArca: XIV ). The blow-up was the culmination of a long-running and wildly popular short volatility trade that was one of 2017's most profitable. These funds reset every day.

Money Hamster flushed down toilet after being rejected from flight
Author: 0 Hamster flushed down toilet after being rejected from flight

But when the 21-year-old arrived at Baltimore-Washington International airport for her November 21 flight, she was told Pebbles was not welcome. She insists that a Spirit employee suggested that she flush Pebbles down the toilet, which Spirit denies.

Money Amazon, Whole Foods launch two-hour grocery delivery
Author: 0 Amazon, Whole Foods launch two-hour grocery delivery

While it's free to receive your groceries in two hours, if you're in a rush to scarf something down, you can pay $7.99 to rush-deliver your groceries in one hour flat, on orders of $35 or more . Amazon hasn't disclosed the number of Prime members, but market research firm CIRP estimates it to be over 90 million in the US alone. In this way, Amazon Prime members are now able to order groceries, and they can get their packages within one or two hours.

Money Yellen disappointed not to get a second term as Fed chair
Author: 0 Yellen disappointed not to get a second term as Fed chair

Some of Powell's comments on Tuesday, after he was approved by the Senate, indicate he may be somewhat looser on bank regulation than his predecessor, matching campaign promises the president made to voters in 2016, which focused heavily on deregulation as a means to create growth in the USA economy.

Money Kenyan opposition lawyer charged with treason over Odinga's
Author: 0 Kenyan opposition lawyer charged with treason over Odinga's "swearing in"

Demonstrators took to the streets in the west, the heartland of support for Odinga, who maintains he was the victor of an election that returned President Uhuru Kenyatta to power previous year. Most of their statements have focused on the brief detention of three opposition politicians who took part in Odinga's ceremony, which occurred peacefully after the government withdrew police from the site.

Money 2 dead, 70 injured as trains collide in US
Author: 0 2 dead, 70 injured as trains collide in US

Amtrak's train with almost 150 people traveled from NY to Miami and moved at 95 km / h as it crashed into CSX's freight train , which had stopped at a side track. No one was aboard the freight train , according to McMaster. Republicans had chartered the train to carry them from Washington to the Greenbrier resort in West Virginia, where the party was holding its annual policy retreat.

Author: 0 Rupee weakens to 64.22 as Sensex slips below 35K

Nifty 50 fell 390 points to 10,276.30 in opening trade. The BSE Sensex has now lost 1,769.08 points since the Budget on February 1, which imposed a long-term capital gains tax on equities and projected a wider fiscal deficit than earlier targeted.

Money How Could the New Amazon Health Care Company Affect Specialty Pharmacy?
Author: 0 How Could the New Amazon Health Care Company Affect Specialty Pharmacy?

In June 2013, before Obamacare took effect, 70.8 percent of workers between 18 and 64 had employer-sponsored coverage. Why would Amazon , Berkshire Hathaway and JPMorgan Chase form their own independent company to handle employee healthcare? The trio just announced a joint venture meant to "check the rise in health costs while concurrently enhancing patient satisfaction and outcomes".

Money Dow Jones industrials sink 500 points Friday
Author: 0 Dow Jones industrials sink 500 points Friday

The S&P 500 fell 110.74 points, or 3.9 percent. Prior to the selloff, it had gone 448 days without suffering a drop of 3% or more , the longest run on record. The market is heading for its biggest weekly drop in two years. This resulted in a rise in interest rates and a drop in stock prices this week. Volume on USA exchanges was 5.39 billion shares, compared to the 7.33 billion average for the full session over the last 20 trading days.

Money TDP meet decides to stay in NDA, warns of protests
Author: 0 TDP meet decides to stay in NDA, warns of protests

However, there are others in TDP like Union minister Sujana Chowdary and RS MP C.M. Ramesh who are of the view that TDP should not leave NDA and go with BJP in 2019. Reportedly, Naidu is holding an emergency meeting on Sunday to rethink the party's alliance with the saffron party. Asked if BJP chief Amit Shah had spoken with Naidu, he replied in the negative.

Money Janet Yellen says prices 'high' for stocks, commercial real estate
Author: 0 Janet Yellen says prices 'high' for stocks, commercial real estate

The Fed has a twin mandate to promote full employment while keeping a lid on inflation . "We can not tolerate pervasive and persistent misconduct at any bank", outgoing Fed Chair Janet Yellen said in a statement , citing "recent and widespread consumer abuses and other compliance breakdowns".

Author: 0 Stocks dive amid rate hike fears; Dow -2.5%

Several giant USA companies dropped after reporting weak earnings, including Exxon Mobil and Alphabet. The bond market has also been struggling with the idea that rising inflation could push the Federal Reserve to raise interest rates more than the three times central bank officials have forecast for this year.

Money YouTube TV finally available for latest Apple TV devices
Author: 0 YouTube TV finally available for latest Apple TV devices

The announcement regarding the launch of YouTube live TV on the new devices was revealed in a tweet from the official YouTube TV account, telling Apple TV users that the capability to use the app on tvOS devices is coming soon. The service starts at $35/month, with no contracts and now available in nearly 100, different metro areas covering 80 percent of the US population.

Money Fujifilm to cut 10000 jobs at subsidiary amid Xerox takeover
Author: 0 Fujifilm to cut 10000 jobs at subsidiary amid Xerox takeover

Fujifilm will own 50.1% of the combined company and provide operational support and transformational leadership. I am confident that Fujifilm's ability to drive change as well as its experience of successful reinvention will give a competitive edge to the new Fuji Xerox, delivering significant value creation to shareholders of both the new Fuji Xerox and Fujifilm.

Money Taiwan protests China's new air routes over Strait
Author: 0 Taiwan protests China's new air routes over Strait

The airlines said they would give refunds to almost 25,000 passengers who'd already booked flights. The airline association said Taiwan is using the M503 route "as an excuse". China Eastern apologised to its customers and said it will offer refunds and rebookings for the 40,000 passengers on the 106 cancelled flights. A row between China and Taiwan has flared up over air navigation, leading to the cancellation of 176 flights between the two.

Money Instagram Fitness Star Speaks Out After Getting Kicked Off American Airlines Flight
Author: 0 Instagram Fitness Star Speaks Out After Getting Kicked Off American Airlines Flight

The model later said she was being sarcastic. She said in the interview that she was approached by five officers after standing up to stretch and open her overhead bin. Worst experience, American Air. "I did nothing wrong, but got kicked off the plane", she added later. "American offered her hotel accommodations and transportation, which she declined".

Money Company founded by Elon Musk selling $500 flamethrowers
Author: 0 Company founded by Elon Musk selling $500 flamethrowers

They even sell a Boring Company fire extinguisher, an invaluable tool for any sucker who plays with a flamethrower without knowing how to use it. Back then, he had tweeted that if The Boring Company (his tunnel and infrastructure digging effort) sells 50,000 hats bearing the company's name, his company would start manufacturing state-of-the-art flamethrowers.

Money Cent 'forgot' about old Bitcoin investment - now it's worth $8 million
Author: 0 Cent 'forgot' about old Bitcoin investment - now it's worth $8 million

Investors may suggest that 50 Cent cash in his coins soon, as Bitcoin saw its highest value just under $20,000 before Christmas but has since fallen to $10,962. Since 2014, the price of Bitcoin has skyrocketed. He is just one in a long list of people who have made their fortune from Bitcoin including Tyler and Cameron Winklevoss, the American twins who became the first Bitcoin billionaires.

Author: 0 In step to national stage, a young Kennedy to rebut Trump address

The Massachusetts congressman comes from one of the most prominent families in American politics as the great nephew of former President John F. Kennedy. Kennedy and former Sen. The major party in opposition traditionally broadcasts a rebuttal speech following the US president's annual State of the Union address, which is delivered to a joint session of Congress and sums up achievements and goals.

Money Falcon Heavy completes static fire test
Author: 0 Falcon Heavy completes static fire test

There has been no shortage of news about the Falcon Heavy rocket by SpaceX . Musk's company is launching a red Tesla Roadster blasting the song "Space Oddity" out into the solar system. That's the rocket SpaceX has used since 2012. But first, the Falcon Heavy has to get off the ground. That's a joint venture between legacy aerospace firms Boeing and Lockheed Martin.

Money Bay Area serial stowaway arrested at Chicago airport
Author: 0 Bay Area serial stowaway arrested at Chicago airport

Marilyn Hartman , 66, faces a felony theft charge in connection with flying to the United Kingdom on a British Airways jet without a $2,400 ticket and a misdemeanor trespass charge in connection with getting into the airport illegally. Marilyn Jean Hartman on Tuesday, Aug. 26, 2014. "We are working with our law enforcement partners to support a comprehensive and thorough investigation, while continuing to maintain the highest levels of security at O'Hare Airport", Huffman said in a statement.

Money LA Times Publisher Taking Leave of Absence Amid Investigation
Author: 0 LA Times Publisher Taking Leave of Absence Amid Investigation

Times Interim Executive Editor Jim Kirk and Editor in Chief Lewis D'Vorkin warned: " union leaders may tell you they can protect against layoffs but they didn't at the New York Times , Huffington Post, the Washington Post and the Wall Street Journal".

Money Dow closes above 26000 for first time in history
Author: 0 Dow closes above 26000 for first time in history

Investors were surprisingly optimistic in the face of a possible government shutdown on Friday. The blue chip index Dow Jones Industrial Average rose by 323 points to record levels, closing for the first time over 26,000 points. Investors have been encouraged by strong global growth, rising company earnings and the prospects for further corporate profits thanks to the tax overhaul signed into law last month, which cut the top tax rate for corporations from 35 percent to 21 percent.

Money API reports another large crude draw
Author: 0 API reports another large crude draw

While enjoying the extra revenues, the Organization of the Petroleum Exporting Countries, Russia and their allies remain wary of sending prices so high that U.S. USA drillers are likely to start pumping more oil after a sharp rally in prices since December, Goldman analysts say. Last week, the American Petroleum Institute (API) reported a huge draw of 11.19 million barrels of crude oil, along with an increase in gasoline inventories of 4.338 million barrels.

Money Bank of Canada raises benchmark interest rate to 1.25%
Author: 0 Bank of Canada raises benchmark interest rate to 1.25%

The bank said it expects global economy to continue to strengthen, with growth expected to average 3.5 per cent. Previously the bank was anticipating 2.1 and 1.5 per cent growth. Recent data have been strong, inflation is close to target, and the economy is operating roughly at capacity. At the very least, the drama around NAFTA may give the central bank some pause, Bank of Montreal economist Robert Kavcic said.

Money Walmart touts $1000 cash bonus for employees - but there's a catch
Author: 0 Walmart touts $1000 cash bonus for employees - but there's a catch

Several reports indicate that many Sam's Club workers did not find out about the closings until they showed up to work only to find locked doors. Walmart , the world's largest retailer, announced Thursday it's raising starting minimum pay to $11 an hour, beginning in February.

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