Italy's Woes Exact A Toll On Wall Street

Short-dated Italian bond yields IT2YT=RR - a sensitive gauge of political risk - soared 1.5 percentage points from Monday to their highest since 2013 in their biggest move in almost 26 years. Emerging market stocks lost 1.2 percent, marking a new low... More..

by | Published more than a month ago
Tesla in autopilot mode hits parked police car
by | Wednesday, May 30, 2018

Tesla in autopilot mode hits parked police car

Police in a Southern California coastal town said that a Tesla in autonomous mode hit a patrol auto parked on the side of a road on Tuesday. A Tesla in autopilot mode crashed into a parked police vehicle ...More..

Trump hits China with $50B tariffs, investment restrictions
by | Wednesday, May 30, 2018

Trump hits China with $50B tariffs, investment restrictions

The countries said China would "significantly increase" purchases of United States goods and services to reduce their trade imbalance, a top Trump administration demand, and pledged to continue talks. China h...More..

Pret A Manger sold to private equity firm JAB
by | Tuesday, May 29, 2018

Pret A Manger sold to private equity firm JAB

Pret A Manger - the UK-based sandwich shop chain - is to be sold to the German-controlled company behind Krispy Kreme doughnuts for £1.5bn. Pret has 530 locations, known largely for sandwiches and salads. T...More..

Starbucks customers skeptical racial bias training will result in real change
by | Tuesday, May 29, 2018

Starbucks customers skeptical racial bias training will result in real change

Starbucks said it will also make its company-commissioned education materials available to those partners. Target introduced unconscious bias training in 2017, has trained employees at its Minneapolis headq...More..

Feds Say Your Internet Router May Be Infected With Russian Malware
by | Tuesday, May 29, 2018

Feds Say Your Internet Router May Be Infected With Russian Malware

According to the Federal Bureau of Investigation, the attack compromised "hundreds of thousands of home and office routers". Meanwhile, TP-Link officials say they are aware the malware targets one of their ro...More..

Italy's 5-star leader says president should be impeached
by | Tuesday, May 29, 2018

Italy's 5-star leader says president should be impeached

Italy's Prime Minister-designate, Giuseppe Conte , a political novice who was plucked from academic obscurity by Di Maio and Salvini to act as premier for their coalition government, tendered his resignation ...More..

Cheap petrol: Not a chance! Supermarkets raise fuel prices every day
by | Tuesday, May 29, 2018

Cheap petrol: Not a chance! Supermarkets raise fuel prices every day

Simply passing on higher prices to consumers will certainly hurt its prospects in the election next year. " Oil prices are up, the dollar is up, usage is up, so prices are up", Mr Faughnan said. Diesel price...More..

Expect busy roads, high gas prices this weekend
by | Monday, May 28, 2018

Expect busy roads, high gas prices this weekend

The service will be available from Friday, May 25, through 6 a.m. Tuesday, May 29. At the pump , GasBuddy reports that fuel prices for the Hickory-Lenoir-Morganton metro area are about 75 cents higher than...More..

Petrol, Diesel prices to decline as crude oil prices drop internationally
by | Monday, May 28, 2018

Petrol, Diesel prices to decline as crude oil prices drop internationally

He also argued that several reasons were responsible for the hike in prices of petrol and diesel, including the political conditions in oil producing countries and the worldwide market. OMCs take into considera...More..

Musk Channels Caesar and Soviet Era Media in Latest Tweet Storm
by | Sunday, May 27, 2018

Musk Channels Caesar and Soviet Era Media in Latest Tweet Storm

Predictably, Musk's tweet was met by a chorus of whiney knee-jerk reactions from so-called "journalists", including The Verge's Andrew J. Hawkins. "It is how they define themselves", he continued. Musk does...More..

by | Sunday, May 27, 2018

Brent drops below $80 as Russia plans increase in oil production

The Organization of the Petroleum Exporting Countries and a group of non-OPEC producers led by Russian Federation started withholding output in 2017 to tighten the market and prop up prices. In a letter to in...More..

Netflix Briefly Tops Disney Market Value
by | Sunday, May 27, 2018

Netflix Briefly Tops Disney Market Value

Still, Netflix's revenue remains well below that of the media titans. This includes critically acclaimed series such as Stranger Things , Glow , and Lost in Space in addition to upcoming series including ...More..

Trump signs bill easing post-2008 crisis restraints on banks
by | Sunday, May 27, 2018

Trump signs bill easing post-2008 crisis restraints on banks

Wall Street banks like Citigroup Inc. and JPMorgan Chase & Co. also lost out on getting relief from some capital requirements they lobbied to include. "I am proud to see Republicans and Democrats working to...More..

Uber's homebrew automation software blamed in deadly crash
by | Sunday, May 27, 2018

Uber's homebrew automation software blamed in deadly crash

According to the report , the Uber sensors determined that 1.3 seconds before the crash that an emergency maneuver would be necessary. Yet, while Uber's system includes its own autobrake capabilities, this...More..

Turkey's lira slides to new record low
by | Sunday, May 27, 2018

Turkey's lira slides to new record low

The drop was exacerbated during thin liquidity in Asian hours as Japanese traders cut their losses, though Turkey's stock exchange expressed confidence by converting its foreign-currency assets to lira. "They...More..

500,000 Routers In 54 Countries Hacked To Create Massive Botnet Army
by | Sunday, May 27, 2018

500,000 Routers In 54 Countries Hacked To Create Massive Botnet Army

The domain seizure will help the U.S. government identify infected devices and begin the process of removing infections. The proof? They say the new malware shares some code with previously used malware, such a...More..

Police Chief Says Body Found Likely That Of Missing Boy
by | Sunday, May 27, 2018

Police Chief Says Body Found Likely That Of Missing Boy

His cause and manner of death wasn't discussed in the police department's e-mail. But Ramsay said it was likely the body because Glass took the investigator, David Marshburn of North Carolina, there and because...More..

Service dog gives birth to puppies at Tampa airport
by | Sunday, May 27, 2018

Service dog gives birth to puppies at Tampa airport

Tampa Fire Rescue shared the sweet moments over social media. This is not something you expect to see when going to the airport. The father to the little ones, named Nugget, was also traveling with the cre...More..

Crude Oil Eases From 4-year High
by | Sunday, May 27, 2018

Crude Oil Eases From 4-year High

Oil prices are slumping as producers in Saudi Arabia and Russian Federation vow to meet the demand predicted from a possible shortage in flow from Venezuela and Iran . EDT (1707 GMT). US West Texas Inter...More..

FCA recalls 4.8M vehicles over faulty cruise control
by | Saturday, May 26, 2018

FCA recalls 4.8M vehicles over faulty cruise control

When a auto is traveling uphill with cruise control enabled, the system automatically accelerators to maintain the speed that has been set. The firm said an "unlikely sequence of events" could lead to drivers...More..

by | Saturday, May 26, 2018

Uber in fatal crash had emergency braking disabled

Toxicology test results of the pedestrian came back positive for marijuana and methamphetamine, the report noted. A safety operator behind the wheel appeared to be looking down, and not at the road, moments...More..

These Are the Hours to Avoid Driving If You're Traveling This Weekend
by | Saturday, May 26, 2018

These Are the Hours to Avoid Driving If You're Traveling This Weekend

The demand for crude oil is higher, and the supply is down , AAA says. Some were as high as $3.29 a gallon, like at the Marathon Gas Station off Dutchman's Lane in St. GasBuddy Head Analyst Patrick DeHaan sa...More..

Max attacks: Schrems launches €7bn worth of GDPR cases in Europe
by | Saturday, May 26, 2018

Max attacks: Schrems launches €7bn worth of GDPR cases in Europe

The key to the regulation is that companies need to ask customers for their data in a clear and understandable way. It basically says that companies have to get explicit permission to collect and use your data,...More..

As Trump-Kim Summit Approaches, South Korea's Leader Heads To White House
by | Tuesday, May 22, 2018

As Trump-Kim Summit Approaches, South Korea's Leader Heads To White House

The increase in rhetoric between Kim and Trump past year effectively provided the cover to advance it to the point it directly threatened the Untied States which, in turn, has now led to a diplomatic coup for ...More..

Pompeo declares United States will 'crush' Iran allies
by | Tuesday, May 22, 2018

Pompeo declares United States will 'crush' Iran allies

US Secretary of State Mike Pompeo demanded Iran makes sweeping changes, warning the regime that US sanctions would "only grow more painful" if they do not change their ways. He said the U.S. would take "all...More..

Soccer transfer rumors: Willian to join Manchester United?
by | Tuesday, May 22, 2018

Soccer transfer rumors: Willian to join Manchester United?

But he also insisted he was happy at Chelsea - amid repeated links with Real Madrid - and was bullish after the Wembley win. I've showed this also today, because we found the right way to win this trophy. I can...More..

China proposes buying $200 billion of American goods, US officials say
by | Friday, May 18, 2018

China proposes buying $200 billion of American goods, US officials say

President Donald Trump's administration has proposed tariffs on as much as $150 billion in Chinese language merchandise to punish Beijing for requiring USA firms to show over expertise in change for entry to Ch...More..

Hispanic Customer Given Starbucks Order With Racial Slur Written on Cup
by | Friday, May 18, 2018

Hispanic Customer Given Starbucks Order With Racial Slur Written on Cup

Miguel Acosta, a friend of Pedro who spoke to the CBS affiliate, said, "He went to Starbucks , and they asked for his name, and his name is 'Peter, ' and they wrote this 'beaner'". Hernandez also registered a ...More..

After raising $110M, Circle raises announces new USA dollar-linked cryptocurrency
by | Friday, May 18, 2018

After raising $110M, Circle raises announces new USA dollar-linked cryptocurrency

While Bitmain is leading Circle's latest funding round, those who are also participating in the round include existing investors IDG Capital, Breyer Capital , General Catalyst , Accel , Digital Currency ...More..

RED Will Launch the Hydrogen One on AT&T and Verizon This Summer
by | Friday, May 18, 2018

RED Will Launch the Hydrogen One on AT&T and Verizon This Summer

We still don't know exactly when RED Hydrogen One pre-orders will start being fulfilled, let alone when sales are supposed to begin for new buyers, but both Verizon and AT&T are throwing their weight behi...More..

Sean Murray Announces XBox One Release Date
by | Friday, May 18, 2018

Sean Murray Announces XBox One Release Date

Players will be able to interact with each and still do everything else in the game, including newer features like base-building and racing ground-based vehicles. A couple of months ago it was confirmed that ...More..

Amazon Prime members save at Whole Foods
by | Thursday, May 17, 2018

Amazon Prime members save at Whole Foods

Amazon Prime members will receive an additional 10% discount on sale items throughout the stores. These people are presumably among the few remaining upper-middle-class Americans whom Amazon hasn't already...More..

Walmart Reports Better-Than-Expected Q1, Boosted by Online Sales
by | Thursday, May 17, 2018

Walmart Reports Better-Than-Expected Q1, Boosted by Online Sales

These funds own 865.70 million shares, that's down from 881.34 million shares in 2017Q3. Advisor Partners Ltd Co holds 37,165 shs or 0.69% of its capital. Eighteen research analysts have rated the stock with a ...More..

Oil prices hit record high
by | Thursday, May 17, 2018

Oil prices hit record high

Oil fell on Wednesday ahead of an anticipated rise in USA crude inventory that could provide more evidence that demand may be slowing in spite of ongoing crude output cuts by producer group Opec and imminent Un...More..