Business

Snap Inc (SNAP) Earnings

Snap Inc (SNAP) Earnings And when it came to operating expenses, Snap lost $350 million compared to the $440 million they lost last quarter. Investors were snapping up shares in after-hours trading, with Snap's stock rocketing 25 percent to about $17.60 a share - coming in above its IPO price from last March. [Full Article...]

Best Buy To Pull CDs From Its Stores, According To Report

Best Buy To Pull CDs From Its Stores, According To Report Evidently, the retailer is now demanding that music suppliers agree to buy back any CDs that aren't sold within a 60 days. Target is also considering pulling the format from its shelves, though are bargaining with labels over the decision. [Full Article...]

Ronaldo vs Neymar - Breakdown of superstars

Ronaldo vs Neymar - Breakdown of superstars In fact, he's only lagging behind Messi's total of club goals , having scored 268 to Messi's 313. FC Bayern München manager Jupp Heynckes has backed Real Madrid to get past Paris Saint-Germain in the Champions League , despite the Spanish side's poor form. [Full Article...]

Indian shares extend fall; bonds slip, rupee flat

Indian shares extend fall; bonds slip, rupee flat At 9:26 am, the Sensex was trading 991 points or 2.85% lower at 33,765. The benchmark finally ended at 34,195.94, down 561.22 points, or 1.61 per cent. Considering the fall is driven by global factors, investors should stay long in Indian markets, said experts. Foreign portfolio investors (FPIs) sold shares worth Rs 1,263.57 crore on net basis while domestic institutional investors (DIIs) bought... [Full Article...]

Dow drops more than 650 points, logs worst week in two years

Dow drops more than 650 points, logs worst week in two years But they anxious investors, who are concerned that the combination of higher wages, a tighter labor market and an uptick in inflation may push the Federal Reserve to raise its benchmark interest rate at its next meeting in March. Other exceptions Friday included Netflix and Amazon, up 1 percent and 3 percent, respectively. "You've had a stock market that's gone absolutely insane based on tax... [Full Article...]

Unhappy with Union Budget, BJP ally TDP calls emergency meeting of MPs

Unhappy with Union Budget, BJP ally TDP calls emergency meeting of MPs Disappointed with the BJP over the lack of allocation of funds to Andhra Pradesh in the Union Budget 2018-19, TDP is reconsidering its alliance with the saffron party and has called for an emergency meeting on Sunday, according to several media reports. [Full Article...]

How Janet Yellen's era at the Fed will be remembered

How Janet Yellen's era at the Fed will be remembered Federal Reserve this weekend after four years as chair, her legacy will include having shattered a social barrier: She is the first woman to have led the world's most powerful central bank, a position that carries enormous sway over the global economy. [Full Article...]

Dow Drops 600 Points - Worst Week in 2 Years

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York , U.S., February 2, 2018. Other major indexes fell about 2 percent Friday. This week's sell-off comes as more money has been going into stock funds. While interest rates are still low by historical standards, meaning borrowing is still relatively cheap for businesses and people, they've bee... [Full Article...]

You Can Finally Watch YouTube TV on Roku

You Can Finally Watch YouTube TV on Roku Google formally announced the availability via a tweet , telling Apple users to check the App Store, formally but rather quite vaguely confirming that the YouTube TV app is finally available on tvOS devices. Still, though, no Apple TV user is complaining. It gives users access to more than 40 TV networks including ABC , CBS, FOX, NBC , CW, Disney Channel and ESPN. [Full Article...]

8 charged with manipulating futures markets by 'spoofing'

8 charged with manipulating futures markets by 'spoofing' Reuters reported yesterday HSBC, UBS and Deutsche Bank, as well as former traders at the banks and individuals at other firms, were charged following a large-scale multi-agency probe including the Commodity Futures Trading Commission into "spoofing" in metals and equities futures. [Full Article...]

Harley-Davidson shifting Kansas City operations to York County plant

Harley-Davidson shifting Kansas City operations to York County plant It is interesting to note that Harley-Davidson, Inc. The stock increased 0.82% or $0.45 during the last trading session, reaching $55.15. The firm's price-to-sales ratio was noted 1.68 in contrast with an overall industry average of 1.80. [Full Article...]

Facebook Under Fire Over App for Kids

Facebook Under Fire Over App for Kids Ultimately it is parents' responsibility to help children and teens limit their use of digital media. We've worked extensively with parents and families to shape Messenger Kids and we're looking forward to learning and listening as more children and families start to use the iOS preview. [Full Article...]

Gov. Baker calls allegations against casino mogul Steve Wynn 'distressing and appalling'

Gov. Baker calls allegations against casino mogul Steve Wynn 'distressing and appalling' Wynn and us in this way, we are doing everything we can to protect our employees from these types of attacks and publicity". "I think we need to have a standard that says that if a credible allegation comes, we need to take it absolutely seriously", Spicer told MSNBC's Craig Melvin . [Full Article...]

Cops yank Jen Selter off New York-bound flight

Cops yank Jen Selter off New York-bound flight They made me feel like a bad person, and I did nothing wrong", Selter the New York Post . She was removed by police. As the argument ensued, a co-passenger - whose face is not visible in the clips - even piped in, yelling "you are harassing her", while the model is confronted by the official. [Full Article...]

Ethics Criticism Alleges Rep. Devin Nunes Leaked Secret Testimony

Ethics Criticism Alleges Rep. Devin Nunes Leaked Secret Testimony Rogers said he believes it needs to be released to the public . But it is believed to allege that USA investigators improperly handled the Steele dossier and improperly obtained Foreign Intelligence Surveillance Act ( FISA ) warrants against Trump campaign adviser Carter Page. [Full Article...]

Bombardier win trade case against Boeing in US

Bombardier win trade case against Boeing in US The U.S. International Trade Commission on Friday foiled Boeing's attempts to get trade relief against Canadian aircraft manufacturer Bombardier. Boeing won a preliminary victory, when regulators proposed a tariff of almost 300 percent on any of the jets imported into the U.S. [Full Article...]

Japan regulator warns of more cryptocurrency attacks

Japan regulator warns of more cryptocurrency attacks At a press conference, operator Coincheck , based in Shibuya Ward, said the company temporarily restricted deposits, withdrawals, sales and purchases of NEM. Some media reports suggest that, in addition to the lost NEM tokens, a one-off sum of 101,265,057 Ripple tokens has been withdrawn from the platform. [Full Article...]

Nutella Discount Sparks Brawls In French Stores

Nutella Discount Sparks Brawls In French Stores In some stores, smart shoppers prepared the night before, hiding jars of Nutella in other aisles, behind unrelated products. Intermarché supermarkets offered a 70% discount on Nutella , bringing the price down from €4.50 (£3.90) to €1.40. [Full Article...]

Falcon Heavy Static Fire Test Successful, Launch "In a Week or So"

Falcon Heavy Static Fire Test Successful, Launch The engines created a plume of exhaust, outputting 5.1 million pounds of thrust - that's about 1.7 million pounds from each of the rocket's three Falcon 9 cores. The rocket will be fired beyond orbit from the former Apollo 11 moon rocket launch pad at Florida's Kennedy Space Center. In December, Musk announced the rocket would carry his own Tesla Roadster sports vehicle on a trajectory that wo... [Full Article...]

GST Council reduces rates of 29 goods, 53 services

GST Council reduces rates of 29 goods, 53 services Bihar deputy chief minister Sushil Kumar Modi, GSTN chairman Ajay Bhusan Pandey and Mr Nilekani would formalise the structure. Congress-ruled states like Punjab will seek inclusion of petroleum and real estate under GST , besides advising caution against bringing frequent changes to GST rules and rates. [Full Article...]


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