Business

Uber's loses appeal on ruling that drivers are employees

Uber's loses appeal on ruling that drivers are employees Uber drivers are paid for each ride and the firm insists they are self-employed, choosing when, where and for how long they drive. Although Uber claims that 80 percent of the workforce would rather be self-employed, a tribunal ruled a year ago that two drivers - James Farrar and Yaseen Aslam were Uber staff. [Full Article...]

BBC stars highlight equal pay day

BBC stars highlight equal pay day It said that because the gap was widest for older women, it meant the United Kingdom was actually "going backwards" in its pay parity efforts. Female BBC employees around the world are using Equal Pay Day to demand that bosses end the gender pay gap, months after the broadcaster revealed just a third of its top earners are women. [Full Article...]

JC Penney stock higher from a better results than expected

JC Penney stock higher from a better results than expected Holding and gave the stock a "hold" rating in a research report on Friday, October 27th. The company was upgraded on Friday, December 2 by Bank of America. The stock was purchased at an average cost of $3.48 per share, with a total value of $348,000.00. Total shares held by institutions as of the most recent company filings are 226,870,873 with a reported 23,754,238 bought and 59,533,006 sol... [Full Article...]

India September Industrial Production Growth Misses Expectations

India September Industrial Production Growth Misses Expectations France's industrial output rose slightly more than anticipated in September as pharmaceutical production jumped, statistics showed Friday. "The flurry of activity data suggests that the industrial sector is helping to provide some offset to the consumer slowdown", said Ruth Gregory of Capital Economics. [Full Article...]

China Removes Foreign Ownership Limits on Banks, Fund Firms

China Removes Foreign Ownership Limits on Banks, Fund Firms That will happen "in accordance to China's own timetable and road map", the ministry said, following a meeting between Trump and his counterpart Xi Jinping. Global banks are now limited to owning 49 percent of local securities joint ventures, frustrating their attempts to compete effectively with Chinese rivals. [Full Article...]

Oil prices hit two-year high following Saudi corruption crackdown

Oil prices hit two-year high following Saudi corruption crackdown Several traders said prices got a boost from unconfirmed rumors that Saudi King Salman would relinquish the throne to his son Crown Prince Mohammed Bin Salman. "With the OPEC /non-OPEC deal extension beyond March 2018 a certainty, prices may become stronger and temporarily reach the $65-$70 per barrel range in 2018", said energy consultancy FGE. [Full Article...]

North Atlantic Treaty Organisation looks to increase troop numbers for Afghan training missions

North Atlantic Treaty Organisation looks to increase troop numbers for Afghan training missions Although NATO members have known for months about the plan to expand the advisory mission by 3,000 troops, they are still scrambling to fill slots. So far in 2017, the U.S. He also acknowledged there are shortfalls, but declined to say what percentage of the jobs will remain vacant. "So it was the lowest level of capability and the highest level of risk we have faced in this time", Nicholson sai... [Full Article...]

BTS to Appear at 'Jimmy Kimmel Live'

The show will air later this month. Popular boy band BTS will make an appearance on popular American talk show " Jimmy Kimmel Live! ". BTS is to appear on the show's November 27 episode. The group will perform live on the show on November 21st, marking their US daytime television debut. The latest US television booking comes after the announcement of BTS' live television debut on... [Full Article...]

Topshop Makes Its Changing Rooms Gender Neutral But Not Everyone's Happy

Topshop Makes Its Changing Rooms Gender Neutral But Not Everyone's Happy While Alabanza said they were used to attracting attention as a trans person when out shopping, the additional reaction from Topshop staff made it worse. A move towards gender-neutral toilets and change rooms has sparked a debate on Sunrise. They added: 'She wasn't rude, but she wasn't sympathetic either'. [Full Article...]

Disney stock falls on earnings, revenue miss

About 8.44M shares traded or 23.03% up from the average. MFA Financial , Inc. (NYSE:MFA) has risen 16.50% since November 9, 2016 and is uptrending. Capital World Investors sold 1.11 million shares as Walt Disney Company (The) ( DIS)'s stock declined 2.31%. [Full Article...]

NVIDIA Corporation (NASDAQ:NVDA) To Report Earnings

It improved, as 73 investors sold NVDA shares while 262 reduced holdings. Vanguard Group Inc. lifted its position in NVIDIA Corporation by 7.1% during the second quarter. Also, Director A Brooke Seawell sold 30,000 shares of the stock in a transaction on Friday, September 16th. Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. [Full Article...]

Opel charts path back to the black under new owner PSA

Opel charts path back to the black under new owner PSA Speaking 100 days after General Motors sold Germany-based Opel and Britain's Vauxhall to PSA, managers outlined a blueprint that will see the company become profitable again by 2020 and electrify all of their passenger auto lines by 2024. [Full Article...]

Volkswagen and Google to bring quantum computing benefits to cars

Quantum computers can solve certain highly complex tasks considerably faster than conventional super computers. However, with quantum computers, you should be able to use much smaller data sets to reach the same level of accuracy. The two companies also want to work on traffic optimization (a key development for an autonomous-automobile future) and new machine learning processes. [Full Article...]

Tripadvisor to mark hotels where sexual assaults have been reported

Tripadvisor to mark hotels where sexual assaults have been reported The three resorts in the Playa del Carmen region, Mexico, that have been given badges are the Grand Velas Riviera Maya , the Iberostar Paraiso Maya, and the Iberostar Paraiso Lindo. Last week, it emerged that a mother of two had been fighting for seven years to have her TripAdvisor posts reinstated after she claimed she was raped at a resort by a security guard. [Full Article...]

MGM's first earnings report since mass shooting reflects temporary rise in cancellations

MGM's first earnings report since mass shooting reflects temporary rise in cancellations If the published price targets set by MGM Resorts International analysts have any power to influence the stock's share price, the highest price target set for MGM is $41. MGM stock was up 3% as of noon Wednesday and is up 13% year-to-date. The stock was sold at an average price of $33.63, for a total transaction of $553,078.98. [Full Article...]

Vodafone challenges BT with United Kingdom fibre broadband plan

The deal will see around one million homes and businesses across 12 towns and cities connected to the new fibre network during the first phase of development, with building set to start in 2018 and be "largely completed" by 2021. Chief Executive of CityFibre Greg Mesch said: “This agreement will unlock the UKs full fibre future and is a major step forward in delivering our vision for a Gigabit Bri... [Full Article...]

AT&T Likely Would Win Court Fight Over Time Warner, Analysts Say

AT&T Likely Would Win Court Fight Over Time Warner, Analysts Say President Trump has often complained on Twitter (TWTR) about CNN's political coverage, raising questions over the Justice Department's actions. Trump has repeatedly tangled with CNN, calling the network's coverage "fake news". But as a candidate, President Trump publicly vowed to block the transaction. The case would be a high- profile test for Makan Delrahim, who was appointed by Trump to hea... [Full Article...]

Ashish Nehra backs MS Dhoni to play in 2020 World T20

Ashish Nehra backs MS Dhoni to play in 2020 World T20 The rain played spoilsport during the 3rd T20 match between India and New Zealand played at Greenfield International Stadium in Thiruvananthapuram . He further added, "For the Sri Lanka tour to India, may be time is ripe to try somebody else, keep them in the loop. The kind of wickets that we played on, wear and tear have been much more in the latter half", Kohli said. [Full Article...]

CoPIRG: High levels of lead in some fidget spinners sold at Target

Another product, the Fidget Wild Premium Spinner Metal, had 1,300 ppm. US PIRG's Cook-Schultz said the debate about whether the lead-laced products are a child's toy or an adult "stress-reliever" is beside the point: "These products are not safe", she said. [Full Article...]

Eurozone growth to hit fastest in a decade in 2017

By contrast to the slowing United Kingdom economy , the rest of Europe will continue to grow robustly, carrying on the strong levels of economic expansion seen over the a year ago or so. "The European economy has performed significantly better than expected this year, propelled by resilient private consumption, stronger growth around the world, and falling unemployment". [Full Article...]


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