Economy

by | December 05, 2017 | 02:19

Last week, the digital currency hit $11,395 to continue its drastic rise in value over the past few days. The Winklevoss Twins , who became famous when they sued Facebook founder Mark Zuckerberg in 2004, are now officially Bitcoin billionaires as bitcoin trading surged over 10,000 percent during the final week of November.

by | December 05, 2017 | 02:11

Trading will begin, under the ticker symbol "XBT", at the start of global trading hours at 6 p.m. ET, and will be free through December . CME Group said trading would be available on its CME Globex electronic trading platform from 18 December.

by | December 02, 2017 | 00:25

Authorities destroyed a suspicious package at a popular Christmas market in Potsdam, Germany Friday. Potsdam police said it was too soon who may have been responsible. In that case, a Tunisian man hijacked a truck and drove it into a crowded market, killing 12 people in an attack that was later claimed by the Islamic State group.

by | December 01, 2017 | 06:38

Infrastructure output grew 4.7% in October from a year ago, driven by higher refinery production. He further said Q2 economic growth is also far below the potential of a well-managed Indian economy. "This coupled with strong fundamentals hold promise for a great future of Indian economy under the leadership of Narendra Modi". Earlier in the day, the stock market saw a sharp slump, dropping over 450 points.

by | November 30, 2017 | 13:41

Washington state has sued ride-sharing company Uber, saying it broke state law when it failed to notify more than 10,000 drivers that their personal information was accessed as part of a major data breach. "Consumers expect and deserve protection from disclosure of their personal information". A statement of claim filed this week in Calgary by Branch MacMaster LLP said that Uber's handling of the whole affair was "willful, reckless, wanton, negligent, callous and in total disregard for the ...

by | November 29, 2017 | 01:04

Adobe projected internet sales would still reach a record $ 5 billion by the end of the night, with online retailers forecast to rake in an additional $6. Because they are portable, smartphones allow people to look at merchandise in stores and buy at better prices online, nearly instantaneously. Fair weather across much of the nation also was factor, said National Retail Federation President Matthew Shay.

by | November 26, 2017 | 01:23

Google has admitted to collecting the location data of Android devices, even when users choose not to allow it. "Going ahead, we plan to carefully examine whether location information for Android smartphone users was collected and used without their consent, as well as to cooperation with global efforts as we determine the investigative responses to this issue in the USA, the European Union, Japan, and elsewhere", the commission said.

by | November 25, 2017 | 01:22

Many videos are published by verified profiles from Eastern Europe. Johanna Wright, YouTube's VP for product management, made the announcement, on the back of a growing trend around content on YouTube that attempts to pass as family-friendly, but is clearly not.

by | November 25, 2017 | 01:16

For the whole week, the Sensex jumped 336.44 points, or 1per cent, while the Nifty rallied 106.10 points, or 1.03 per cent. "Major Asian markets ended on a positive note while European indices like CAC 40 and DAX traded higher", Deepak Jasani, Head, Retail Research, HDFC Securities, told IANS.

by | November 24, 2017 | 01:20

The married forward along with five other men have been charged. Under Italian law he won't be sentenced until the appeals process has been finalised - which could take years. BC-SOC-Brazil-Robinho Sentenced, 2nd Ld-Writethru, 229 Robinho denies sexual assault after 9-year jail sentenceAP Photo LON178Eds: Adds photo link.

by | November 24, 2017 | 01:11

AAA says this holiday week, from Wednesday to Sunday, will be the busiest Thanksgiving travel week in 12 years. On the eve of the holiday travel season, the price of unleaded gasoline in the metro Augusta area averaged $2.28 per gallon - roughly 18 cents per gallon more than motorists this time previous year, according to AAA data.

by | November 23, 2017 | 01:07

If law enforcement can't investigate and (where appropriate) prosecute when it happens on this scale, the door is open for it to happen again and again. "So this time around we are going to make it public". Pai - a free-market advocate who has staked his FCC chairmanship on deregulation - has argued that the FCC's 2015 rules have depressed companies' investments in building and expanding broadband networks and deterred them from coming up with new consumer-friendly business models.

by | November 23, 2017 | 00:41

He says the Keystone leak in South Dakota reinforces his worries about oil pipelines, "Isn't a matter of if's it's going to leak". "The evidence overwhelmingly shows Keystone XL would have positive economic and social impacts in this state", TransCanada's lawyers said in a post-hearing brief.

by | November 23, 2017 | 00:10

Uber joined the likes of Google, Sony, Yahoo and Target among companies that have suffered massive data breaches from hackers in recent years. Two hackers penetrated GitHub which is a private site used by Uber software engineers to obtain access to login credentials that were used to access an separate cloud-services provider.

by | November 21, 2017 | 01:07

You can check out the Walmart Black Friday deals with the Walmart app or at walmart.com. The 37-page Belk Black Friday 2017 ad features over 400 doorbuster deals. Please note, we did not say you should buy the items with the biggest discounts at each store because you should not. Retailers often use Facebook and Twitter for releasing deals and promotions.

by | November 21, 2017 | 01:04

The deal is expected to be in between the year 2019 and year 2021 as reported by Bloomberg News . No one knows what the future of self-driving cars will look like, or how long it will take to get there. Uber has reached an agreement with Volvo to purchase a fleet of driverless cars as the ridesharing firm seeks to deploy autonomous vehicle technology.

by | November 19, 2017 | 02:29

The upswing in the key indices came after the United States credit rating agency Moody's upgraded India's sovereign rating to Baa2 from its lowest investment grade of Baa, while changing the outlook for the country's rating to stable from positive, and said its was based on the Indian government's "wide-ranging programme of economic and institutional reforms".

by | November 19, 2017 | 02:27

Police Commissioner Kevin Davis said the "cold, callous" shooter was still at large Wednesday night. Suiter was transported to shock trauma in critical condition Wednesday, and he died Thursday afternoon. At the direction of Gov. Larry Hogan, the state is offering a $100,000 reward. "He may be wounded", Davis says. Suiter, who moved to the homicide division after killings in the city surged two years ago, is Baltimore's 309th homicide victim so far this year.

by | November 18, 2017 | 01:42

As of quarter end Geode Capital Management, LLC had bought a total of 9,135 shares growing its position 1.7%. Old Mutual Global Investors UK Ltd. purchased a new position in Abercrombie & Fitch during the 3rd quarter valued at $133,000. Shareholders must be on record as of December 1, 2017 to receive this dividend. This represents a $0.80 annualized dividend and a yield of 6.37%. The ex-dividend date is Thursday, November 30th.

by | November 17, 2017 | 01:37

According to a press release from TransCanada, which operates the controversial pipeline, the section of pipeline was "completely isolated within 15 minutes and emergency response procedures were activated". The same pipeline leaked about 17,000 gallons a year ago near Freeman, South Dakota. While details are still emerging around this spill, we know it occurred in Marshall County on South Dakota's northern border.