Finance

Finance McDonald's Renews Sustainable Packaging Goals
Author: 0 McDonald's Renews Sustainable Packaging Goals

Currently, 50 percent of McDonald's customer packaging comes from renewable, recycled or certified sources, while 64 percent of fiber-based packaging comes from certified or recycled sources. McDonald's will lean toward products with Forest Stewardship Council certification as well. A McDonald's spokesperson told the Sun Online: "We take our responsibility extremely seriously and in the United Kingdom we are committed to reducing our environmental impact and continue to challenge ourselves ...

Finance First Minister Sturgeon: Brexit deal will decide second referendum on Scottish independence
Author: 0 First Minister Sturgeon: Brexit deal will decide second referendum on Scottish independence

Sturgeon predicted a majority of British lawmakers would support single market membership, despite Prime Minister Theresa May ruling it out largely owing to its condition of continuing free movement of people. "The aim of the Scottish Government , and the evidence presented in this paper, is to start opening those doors again". A No10 spokesman said: "We are seeking a deal that works for the whole United Kingdom".

Finance Rajasthan HC to watch Padmavat before quashing FIR against Bhansali
Author: 0 Rajasthan HC to watch Padmavat before quashing FIR against Bhansali

And yes, the movie name will now be changed to " Padmavat " instead of Padmavati , heeding to one of the changes proposed by the Censor board after reviewing the movie. According to producers, Padmaavat is the first Indian film that will have a global IMAX 3D release. Madhya Pradesh CM also hinted that the prior ban on the film will continue despite it being cleared by CBFC.

Finance Ripple, MoneyGram Announce Partnership to 'Modernize' Payments
Author: 0 Ripple, MoneyGram Announce Partnership to 'Modernize' Payments

Skeptics have suggested XRP is unnecessary to carry out transactions but according to MIT Technology Review , " Ripple's big bet is that XRP will become a "bridge currency" that many financial institutions use to settle cross-border payments faster and more cheaply than they do now using global payment networks, which can be slow and involve multiple middlemen".

Finance Walmart to raise minimum wage to $11 an hour
Author: 0 Walmart to raise minimum wage to $11 an hour

The increase in wages will cost approximately $300 million on top of wage hike plans that had been included in next fiscal year's plans, the company said . The bonus amount will be based on length of service, according to the company. Walmart's wage increase will take effect in February. Walmart also announced expansion of its paternal and maternity leave policy, providing full-time hourly employees with 6 weeks of paid paternal leave and 10 weeks of paid maternity leave.

Finance Cryptocurrencies will come to a bad end ―Warren Buffett
Author: 0 Cryptocurrencies will come to a bad end ―Warren Buffett

The 55-year-old Abel will be vice chair of noninsurance businesses and is now the chief executive of Berkshire Hathaway Energy. Responding to an analyst report that predicted Buffett could run Berkshire for the next 10 years, the Oracle of Omaha said that sounds a bit long without getting anymore specific.

Finance Don't Expect OPEC's Oil Deal To Fall Apart in 2018
Author: 0 Don't Expect OPEC's Oil Deal To Fall Apart in 2018

A senior OPEC source from a major Middle Eastern oil producer said on Monday that OPEC was monitoring unrest in Iran as well as Venezuela's economic crisis, but will boost output only if there are significant and sustained production disruptions from those countries.

Finance Lawsuit Alleges Google Managers Booed White Men at Company Meetings
Author: 0 Lawsuit Alleges Google Managers Booed White Men at Company Meetings

A Google spokesman did not immediately respond to a request for comment. But while he wanted more diversity of viewpoints, he wasn't so kind to diversity when it came to gender. Damore has said that Google executives had "shamed" him for the views expressed in the memo. "Within his lawsuit, Damore further insists that the company "[shames] Google business units for failing to achieve numerical gender parity", and his attorneys characterize him as "surprised" by Google's reaction to his ...

Finance These B-town stars did NOT attend Virushka's Mumbai wedding reception
Author: 0 These B-town stars did NOT attend Virushka's Mumbai wedding reception

Virat Kohli and Anushka Sharma at Mumbai airport. On December 21, they held a reception in New Delhi, which was attended by the likes of Prime Minister Narendra Modi and Finance Minister Arun Jaitley. Anushka once again wore a Sabyasachi creation. Virat was seen in a dapper blue blazer, white trousers and brown shoes. Among popular sports personalities seen at the reception were cricketers Virender Sehwag, Sunil Gavaskar, Manish Pandey, Kuldeep Yadav, Ravindra Jadeja, Jasprit Bumrah, ...

Finance Okanagan Hockey Academy alumni to make Olympic debut in 2018
Author: 0 Okanagan Hockey Academy alumni to make Olympic debut in 2018

She tallied two goals, 10 assists and a plus-46 during that campaign. Canada will try to win its fifth-straight Olympic women's hockey gold medal when the tournament begins on February 11. "I always wanted to play on an Olympic stage", Greenway said. "I'm super excited", she said. "I don't think that the fans realize how special that is for me, even at the start of the game when they announce the starting lineup and to have the crowd cheer as loud for me as they did or going into the ...

Finance Amazon buys smart home camera maker Blink
Author: 0 Amazon buys smart home camera maker Blink

Blink is most well-known for its line of intelligent security cameras, which can last up to two years using a couple of AA batteries. Terms of the deal were not disclosed. A specialist in low-power, easy-installation IoT devices seems like a good fit, therefore, if you were trying to think of ways to streamline adoption of Amazon Key .

Finance US House OKs tax overhaul, but stumbles on details
Author: 0 US House OKs tax overhaul, but stumbles on details

With the GOP unable to send the American Health Care Act to the White House, passage of the tax overhaul would finally furnish a decisive legislative victory for the president, closing out one of Trump's chief campaign promises just before Christmas .

Finance USA envoy says 'actual dialogue' wanted with N. Korea
Author: 0 USA envoy says 'actual dialogue' wanted with N. Korea

The Council has struggled to contain North Korea as the country continues to violate sanctions-backed United Nations calls on. Tillerson repeated that "we do not seek, nor do we want, war with North Korea". Anxieties about United States power could combine with a crippled economy and the loss of China and Russian Federation as allies to force the belligerent autocracy to cool down its nuclear programme.

Finance Hot Tickers: Kinder Morgan, Inc. (KMI), ImmunoGen, Inc. (IMGN)
Author: 0 Hot Tickers: Kinder Morgan, Inc. (KMI), ImmunoGen, Inc. (IMGN)

Engineers Gate Manager Lp increased Kinder Morgan Inc Del ( KMI ) stake by 728.78% reported in 2017Q2 SEC filing. The company's revenue was down 1.5% compared to the same quarter last year. The stock has "Sector Perform" rating by RBC Capital Markets on Friday, January 29. On Monday, February 22 the stock rating was maintained by UBS with "Buy".

Author: 0 Ford links with Alibaba in China expansion

However, in the current unfinalized version of the deal, financing will be provided through Alibaba's affiliate Alipay rather than Ford Motor Credit Co., according to Reuters , which broke the news of the deal late Wednesday. The model allows shoppers with good credit to purchase their new ride with a 10% down payment and then make monthly payments for the vehicle purchase through Alibaba's affiliate Alipay, according to Alibaba.

Finance Cboe launching Bitcoin Future earlier than CME
Author: 0 Cboe launching Bitcoin Future earlier than CME

The move is clearly meant to steal the thunder from fellow Chicago derivatives exchange CME, which announced on Friday that it will list bitcoin futures on December 18. Although the futures have yet to begin trading, Cboe president Chris Concannon has already hinted that the exchange may soon launch futures contracts for ether and bitcoin cash, according to a Business Insider report .

Finance CFTC gives approval to Three Exchanges for Bitcoins Futures
Author: 0 CFTC gives approval to Three Exchanges for Bitcoins Futures

The U.S. derivatives regulator said on Friday it would allow CME Group Inc and CBOE Global Markets Inc to list bitcoin futures, after the rival bourses showed their proposed contracts and trading arrangements met necessary requirements. As CCN reported, CME announced on Friday that, pending final regulatory approval , the exchange will launch its much-anticipated bitcoin futures product on Monday, Dec.

Finance Graduate students organize national walkout
Author: 0 Graduate students organize national walkout

The "work-in" that was held today was meant to be a rally "where graduate students can read, or grade, or do any kind of work to demonstrate how vital our work is the Penn community", GET-UP wrote on a website publicizing the event . Graduate students also conduct research that contributes to Georgetown's status as a Research I global center for scholarly research. Members of the department ensured her that there would be no ramifications for students to participate, information which she ...

Finance Industrial strategy promises major boost to United Kingdom training and research
Author: 0 Industrial strategy promises major boost to United Kingdom training and research

Jeremy Hunt, the health secretary, said that the new research facility from the company, also known as MSD, should reassure patients that Britain would remain on the front line in the search for new treatments. Qiagen has struck a partnership with a group of universities, research bodies and NHS Trusts around Manchester to develop DNA research in the City.

Finance Black Friday sales push Jeff Bezos' net worth over $100bn
Author: 0 Black Friday sales push Jeff Bezos' net worth over $100bn

Black Friday sales helped Amazon shares to jump more than 2 percent and online holiday sales increase by more than 18 percent since previous year, Bloomberg reported . At the beginning of the year, Bezos cracked the top four, surpassing Inditex founder Amancio Ortega and USA investor Warren Buffett at the time. Unlike Gates and Buffett, Bezos has given relatively little of his fortune to charitable causes.

Finance London buses are being powered by a new fuel: Coffee
Author: 0 London buses are being powered by a new fuel: Coffee

He adds that bio-bean's coffee logs, which are eco heat logs made from spent coffee grounds to be used for stoves, open fires and chimneys, have already become the fuel of choice for households looking for a high-performance, sustainable way to heat their homes.

Finance Pennsylvania's Jobless Rate Sees New Post-Recession Low In October
Author: 0 Pennsylvania's Jobless Rate Sees New Post-Recession Low In October

Ohio's unemployment rate is a full percentage point higher than the USA unemployment rate, which was 4.1% in October, down from 4.2% in September and 4.8% in October 2016. The U.S. unemployment rate stood at 4.1 percent in October. Alabama's unemployment rate has dropped to a record low 3.6 percent. But the agency says nonfarm employment has fallen for three consecutive months by a total of 3,900 jobs, to 495,800 in October.

Finance $1tn Norwegian oil fund plans to ditch oil and gas stocks
Author: 0 $1tn Norwegian oil fund plans to ditch oil and gas stocks

Oil and gas equities now account for around 6% of the Government Pension Fund Global's benchmark index, or just more than 300 billion Norwegian kroner ($36.49 billion). Government finances in Norway have been hit hard by the drop in oil prices in recent years. Thursday's recommendation comes at a "good time because the stock portion will now be increased to 70% and that would also mean that we would buy more oil and gas stocks", Matsen said.

Finance AAA: 1 million Marylanders will travel for Thanksgiving
Author: 0 AAA: 1 million Marylanders will travel for Thanksgiving

This year is expected to see the most Thanksgiving travelers since 2005. The price of gas statewide is up from the $2.19 a gallon recorded a year ago. "These factors should help fuel consumer spending and generate a strong finish for the travel industry this year". At $157, on average, that is a 23 percent fare drop year-over-year.

Finance Boeing vs Airbus: $77 billion in deals in under 2 hours
Author: 0 Boeing vs Airbus: $77 billion in deals in under 2 hours

For Airbus , the 430-plane deal with Indigo Partners is a much-needed win after a year of struggling to keep up with Boeing . Indigo said the jets would go to Frontier Airlines, Mexico's Volaris, East European operator Wizz Air and Chile's JetSmart.

Finance Crude oil at $60/bbl not the 'new normal' - IEA
Author: 0 Crude oil at $60/bbl not the 'new normal' - IEA

Reducing the use of fossil fuels is a key demand from activists and many governments taking part in the global climate talks in Bonn, Germany, this week. - the IEA estimates USA crude oil will reach peak output in the 2020s of around 17m bpd. The IEA also revised down its 2018 oil demand forecast for Brazil from 3.15 million bpd to 3.13 million bpd.

Author: 0 Qatar Airways buys 9.61 per cent stake in Cathay Pacific

Qatar Airways will purchase the stake for HK$5.16 billion (€570 million) from Kingboard Chemical Holdings and associates, according to a statement, becoming Cathay's third-largest investor after local conglomerate Swire Pacific, with a 45 per cent holding, and Air China Ltd.

Finance Russia Who? Facebook Beats Q3 Earnings And Grows MAUs And DAUs
Author: 0 Russia Who? Facebook Beats Q3 Earnings And Grows MAUs And DAUs

Menlo Park, California-based Facebook's third-quarter profit surged to $4.71 billion or $1.59 per share from $2.63 billion or $0.90 per share past year. Facebook released its Q3 earnings , showing that total revenue was up 47% year-over-year, advertising revenue was up 49% - beating analysts' expectations - and 88% of advertising revenue came from mobile for a total of $8.9 billion, up 57% year-over-year.

Finance Portland area makes pitch for second Amazon headquarters
Author: 0 Portland area makes pitch for second Amazon headquarters

A number of cities are in the running for the second headquarters and the City of Las Vegas is one of those vying for the HQ. If senior executives at Amazon's Seattle headquarters had never heard of Bradford, Innisfil or West Gwillimbury before, the little Ontario towns have put themselves on the radar screen with a surprise joint bid to become home to the online retailer's second global headquarters.

Finance Wells Fargo hit by surprise charge from pre-crisis mortgages
Author: 0 Wells Fargo hit by surprise charge from pre-crisis mortgages

Revenue fell to $21.9 billion from $22.3 billion a year earlier. Meanwhile, WFC's net interest margin was 2.87%, down 3 basis points sequentially from the second quarter. More recently, Wells Fargo has come under fire over auto-loan clients who were forced to pay for unwanted vehicle insurance and mortgage customers who were improperly charged fees.

Finance Wildfires tear through California wine country; 20000 evacuated
Author: 0 Wildfires tear through California wine country; 20000 evacuated

Early Monday morning, the Sonoma County Sheriff's Department said fires had also erupted in Santa Rosa, Windsor and Sebastopol. Authorities have implemented forced evacuations in several rural neighborhoods and worked to clear out hospitals and senior centers in northwestern Santa Rosa.

Finance Goldman Sachs Investment Unit to Pay for Research Under MiFID II
Author: 0 Goldman Sachs Investment Unit to Pay for Research Under MiFID II

Nippon Life Co reported 12,168 shares. The current P/B amount of The Goldman Sachs Group, Inc . best indicates the value approach in differentiating good from the bad. (The)'s revenue for the quarter was down.6% on a year-over-year basis. (The) had a return on equity of 11.27% and a net margin of 26.44%. Buckingham Capital Management Inc increased Goldman Sachs Group Inc Com St (GS) stake by 29.89% reported in 2017Q2 SEC filing.

Finance Hackers Hit Whole Foods for Credit Card Data
Author: 0 Hackers Hit Whole Foods for Credit Card Data

Amazon recently purchased Whole Foods. There are four Whole Foods stores in Utah . Whole Foods said it's working with a cybersecurity firm and plans to investigate who is behind the cyber attack. Major corporations that have faced large data breaches in recent years include Yahoo, Verizon, Walmart, Anthem, Myspace and LinkedIn. The company said payment information at certain venues, including taprooms and full table-service restaurants inside some of its stores, was accessed.

Finance IN man arrested in Colorado may be linked to Delphi murders
Author: 0 IN man arrested in Colorado may be linked to Delphi murders

The killer has not been found. Jacque Kirby with The El Paso County Sheriff's Office says police in IN have requested no further information be released to the public. Authorities have released a grainy cell phone image - taken by Liberty - of the main suspect in the case. Nations was convicted of Indecent Exposure in Beaufort County, South Carolina in 2008.

Finance U.S. slaps sanctions on 8 North Korean banks
Author: 0 U.S. slaps sanctions on 8 North Korean banks

The president said he had personally been against the deployment of U.S. Terminal High Altitude Area Defense (THAAD) system in South Korea, but the decision was made as North Korea's missile capabilities were quickly improving. The latest measure of economic warfare comes just days after President Trump signed an executive order giving Mnuchin greater power to slap a range of sanctions aimed at curbing North Korea's nuclear efforts.

Finance Japan PM says time for N Korea dialogue is over
Author: 0 Japan PM says time for N Korea dialogue is over

Though he has not announced a date for elections, reports say polls will be held on October 22. Mr Abe said yesterday that he would dissolve Parliament on Thursday to pave the way for an election more than a year before it is due. Despite a recent run of growth, the election victor will also have to contend with a sluggish economy, as the heavily indebted country grapples with a low birth rate and a shrinking labour force.

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