Economy

Powell sets record for shortest quarterly news conference by Fed chair

Powell sets record for shortest quarterly news conference by Fed chair There have been positive technical signs including rebounds in the prices of big-cap stocks in the energy and petrochemical groups, as well as for mid-cap stocks, following rises in the SET Index, he said . But the new economic forecast, which includes a median projection for the path of future increases, made no change to the December projection for three hikes this year. [Full Article...]

Crude oil rallies to seven-week high after United States stockpile decline

Crude oil rallies to seven-week high after United States stockpile decline Brent crude, the global benchmark, was up 0.1%, at $68.98 a barrel on London's Intercontinental Exchange. Oil prices have risen in the past two weeks, boosted by a weaker United States dollar and tensions between Iran and Saudi Arabia that raised concern about Middle East supplies already restricted by an Opec-led production pact. [Full Article...]

Dropbox shares jumped almost 40 percent on the first day of trading

Dropbox shares jumped almost 40 percent on the first day of trading The cloud-based file-storage firm earlier this week raised the expected price range by $2 to $18 to $20 per share, on the back of strong demand . DropBox wants to do well for its IPO , so it's priced at $21 per share. Investors from top venture-capital firms such as Sequoia Capital and Accel Partners as well as mutual funds including Fidelity Investments and T. Rowe Price have collective... [Full Article...]

'What's Facebook?' Elon Musk quips as he deletes Tesla, SpaceX pages

'What's Facebook?' Elon Musk quips as he deletes Tesla, SpaceX pages When some of the Twitter users reminded the multi-billionaire that his electric auto company Tesla also has an account, Musk replied that he would definitely delete it, noting that the page "looks lame anyway ". Then someone suggested he also delete Tesla's corporate Facebook page. It's the latest round of backlash for the social media giant's role in the Cambridge Analytica scandal . [Full Article...]

Amazon Delivery Drones Will Soon Understand Your Angry Shouting and Fly Away

Amazon Delivery Drones Will Soon Understand Your Angry Shouting and Fly Away Awarded on Tuesday (March 20), the patent would allow for drones to identify gestures such as a thumbs-up, frantic waving, shaking fists and a shooing motion. They would also be capable of learning how best to deliver packages based on human interaction. Amazon says that this could be used to adjust plans for a drone after getting feedback from humans via visual gestures or through audio. [Full Article...]

Heitkamp, Hoeven support bill that cracks down on sex trafficking sites

Heitkamp, Hoeven support bill that cracks down on sex trafficking sites They said the sex trafficking survivors were too powerless and too invisible. He said, however, the measure "will punch a hole in the legal framework of the open Internet" and "will prove to be ineffective, it will have harmful unintended consequences, and it could be ruled unconstitutional". [Full Article...]

Tesla (TSLA) Rating Lowered to Sell at BidaskClub

Tesla (TSLA) Rating Lowered to Sell at BidaskClub Tesla Inc., formerly known as Tesla Motors Inc., is headquartered in Palo Alto, California. Also, VP John Douglas Field sold 1,000 shares of Tesla stock in a transaction on Tuesday, January 9th. Current price level places the company's stock about -20.29% from the 52-week high and 24.1% away from the 52-week low. Blume Capital Mngmt Inc holds 0.01% or 81 shares. [Full Article...]

United CEO accepted responsibility for dog's death on flight

United CEO accepted responsibility for dog's death on flight Unlike the story that made headlines past year when a doctor was dragged from a flight after already taking his seat, Preise was removed from the boarding line before she made it onto the plane. "They are kicking me off this flight". And federal officials also investigated United after a 10-month-old French bulldog died earlier this month after the pet was stowed in an overhead bin on a flight fro... [Full Article...]

Toys R Us store liquidations sales to begin Friday

Toys R Us store liquidations sales to begin Friday For more on the ubiquitous toy store, read up on how Toys "R" Us helped define the childhood of many . The New Jersey-based company disclosed the timeline during a bankruptcy court hearing on Tuesday, the Bergen County Record reported. According to a report in Bloomberg , the chain includes more than 1,600 Toys "R" Us and Babies "R" Us stores in around 38 countries. "I'm very hopeful" about sa... [Full Article...]

Volkswagen Touareg - price, specs and release date

Volkswagen Touareg - price, specs and release date It also comes with Vienna perforated leather seats, 18-inch Milton Keynes alloy wheels, 12.3-inch Active Info Display, 8-inch Discover Media with AppConnect, LED headlights with Dynamic Cornering Lights, LED taillights with Dynamic Indicators and Adaptive Chassis Control with driving mode selection. [Full Article...]

Scott Walker Is Ordered to Stop Blocking Special Elections

Scott Walker Is Ordered to Stop Blocking Special Elections Too soon to tell how Wisconsin's special election upset will impact midterm electionThe recent string of Democratic candidates outperforming Republican candidates has Republicans concerned, but University of Wisconsin political science professors believe Read ... [Full Article...]

Pacific plastic dump 'bigger than Spain, France and Germany combined'

Pacific plastic dump 'bigger than Spain, France and Germany combined' There, floating debris - from microscopic particles of plastic to large pieces like ropes and fishing nets - is carried by currents and accumulates. The study required three years of careful mapping, a team of scientists, six universities, and even a company that develops aerial sensors. The patch has now grown to more than 600,000 square miles - Texas is approximately 270,000 square miles, ... [Full Article...]

Existing Home Sales Jump 3 Percent Despite Leaner Inventory

Existing Home Sales Jump 3 Percent Despite Leaner Inventory Housing inventory rose 4.6 percent, to 1.59 million existing homes on the market, but the stock of available homes for sale remains 8.1 percent lower than the previous February. February existing-home sales in the Northeast tumbled 12.3% to an annual rate of 640,000 compared with January and are down 7.2% compared with February 2017 sales. [Full Article...]

Hawaii couple on honeymoon dies in Australia copter crash

Hawaii couple on honeymoon dies in Australia copter crash The popular landing spot is used as a base for snorkelers and scuba divers heading out to nearby reefs. In a statement, the company confirmed the two deaths and said the crash occurred as the aircraft was on final approach for a landing at its Hardy Reef Heliport. [Full Article...]

Tencent shares set to open down 7.8% after Naspers' selldown

Tencent shares set to open down 7.8% after Naspers' selldown Tencent Holdings Ltd's biggest two-day slump since 2011 has taken Hong Kong's derivatives market by surprise, handing a windfall to traders who placed long-shot wagers on a selloff. Ma Huateng, chairman and chief executive officer of Tencent Holdings Ltd., attends a news conference in Hong Kong on March 21, 2018. Naspers will use the money from the sale of Tencent shares to invest in its clas... [Full Article...]

Bale breaks Rush's record with hat-trick

Bale breaks Rush's record with hat-trick Burnley frontman Sam Vokes scored twice in the romp, while Liverpool youngster Harry Wilson, on his 21st birthday, also bagged. Noise levels inside the Guangxi Sports Center Stadium climbed considerably the first time Bale collected the ball in an attacking position and he did not disappoint. [Full Article...]

AAP govt's sops for using environment-friendly fuel in Delhi budget

AAP govt's sops for using environment-friendly fuel in Delhi budget Advocate Jai Dehadrai, appearing for the petitioner, had urged the bench to stay the tender floated for procurement of the standard floor buses. The budget volume has increased to 1.5 per cent in the last three years. All school teachers will also get tablet computers to keep record of attendance, says Mr. Sisodia. -To fix the pollution level, more trees will be planted in Delhi. [Full Article...]

In relief for AAP, High Court restores 20 disqualified MLAs

In relief for AAP, High Court restores 20 disqualified MLAs The MLAs in its plea has said that the notification is a "gross violation of natural justice because the Election Commission (EC) decided the matter in undue haste and without affording and giving any opportunity of fair hearing to the petitioners". [Full Article...]

Governor progresses new school safety program

Governor progresses new school safety program Gov. Rebecca Kleefisch and Attorney General Brad Schimel on Monday as they lobbied for his school safety package at schools in Onalaska, Altoona and Marathon. The centerpiece of both plans is a $100 million grant program to pay for safety improvements. "DOJ has become really political and the AG has made some really strong statements about arming teachers", said Rep. [Full Article...]

Homrich & Berg Has $282000 Stake in Priceline Group Inc (PCLN)

Homrich & Berg Has $282000 Stake in Priceline Group Inc (PCLN) Odey Asset Management Group Ltd who had been investing in Priceline Grp Inc for a number of months, seems to be bullish on the $92.94B market cap company. Hedge funds and other institutional investors have recently made changes to their positions in the stock. The Pennsylvania-based Commonwealth Of Pennsylvania School Empls Retrmt Sys has invested 0% in NOW Inc. [Full Article...]


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