Markets

Markets US Supreme Court hears oral arguments on Internet sales tax case
Author: 0 US Supreme Court hears oral arguments on Internet sales tax case

And Chief Justice John Roberts said all agree that more and more large retailers - led by the biggest one, Amazon.com - are collecting sales tax even in places where they do not have a physical presence. It will be interesting to see what the Supreme Court does. Other states also have passed similar economic nexus provisions to alleviate the lost sales tax revenue and to level the playing field for in-state retailers.

Markets EDF (ECIFY) Raised to
Author: 0 EDF (ECIFY) Raised to "Neutral" at Goldman Sachs Group Inc

The Goldman Sachs Group, Inc. The stock of The Goldman Sachs Group, Inc. Brown Advisory invested 0.02% in The Goldman Sachs Group, Inc. (NYSE:GS). Parkwood Limited Liability has 0.18% invested in The Goldman Sachs Group, Inc. The investment managers in our database now hold: 2.16 million shares, down from 3.66 million shares in 2017Q3. It has underperformed by 1.89% the S&P500.

Markets Pound climbs to highest since Brexit vote
Author: 0 Pound climbs to highest since Brexit vote

Inflation seems set to fall back towards target, but a pick-up in wage growth points to an erosion of slack in the labour market. Meanwhile, unemployment was at 4.2 per cent- the lowest since 1975. By the early months of 2017, inflation was rising faster than wages - a net drag on the economy as households spent less. However, inflation over the period using a slightly different measure preferred by the Bank of England - CPI - was an average 2.9%, still slightly ahead of wage increases.

Markets Netflix Hits 125 Million Subscribers as Q1 Revenue Surges 43% YoY
Author: 0 Netflix Hits 125 Million Subscribers as Q1 Revenue Surges 43% YoY

Inc. boosted its holdings in Netflix by 47.1% during the fourth quarter. The issue emerged this March following reports that Cambridge Analytica had harvested the data of up to 87 million Facebook (FB) users. Netflix had a net margin of 4.78% and a return on equity of 17.20%. For worldwide streaming, revenue of $1.78 billion was slightly above our $1.74 billion estimate as monthly revenue per paid member came in at $9.77, up 21% year over year.

Markets Allegiant Airlines Under Fire After '60 Minutes' Investigation
Author: 0 Allegiant Airlines Under Fire After '60 Minutes' Investigation

Correspondent, Steve Kroft found between January 1st, 2016 and the end of last October, Allegiant had more than 100 serious mechanical incidents. Allegiant Airlines strongly disputes the nationally broadcast report that it has three times the safety problems of competing airlines.

Markets Yarmouth police dog Nero recovering
Author: 0 Yarmouth police dog Nero recovering

A K-9 officer has been shot and killed while serving a warrant at a MA home and a suspect has been taken into custody. Nero, who was shot in the head and neck, was stabilized at the scene of the Marstons Mills shooting by the Cape Cod Regional Law Enforcement Council SWAT Team and then taken to an emergency veterinary facility.

Markets Trump appealed directly to Russia
Author: 0 Trump appealed directly to Russia

Two sessions of the UN Security Council failed to calm the tensions between Russian Federation and the United States, which are on opposite sides in the conflict in Syria , while the USA responded to Russian Federation placing the Black Sea Fleet on alert by announcing that the Harry S.

Markets WPP Founder Sir Martin Sorrell Quits As CEO
Author: 0 WPP Founder Sir Martin Sorrell Quits As CEO

And our highly talented people have always won through, always. Sir Martin is also likely to be allowed to retain on a pro rata basis significant amounts of unvested WPP stock which would be released, based on the company's performance, over the coming years, sources said.

Markets Rolls-Royce to step up inspections of Trent 1000 engines
Author: 0 Rolls-Royce to step up inspections of Trent 1000 engines

On Thursday, March 8 the firm has "Neutral" rating by JP Morgan given. Three research analysts have rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

Markets The world reacts to airstrikes on Syria
Author: 0 The world reacts to airstrikes on Syria

The United States, Britain and France launched strikes against Syrian President Bashar al-Assad's regime in response to an alleged chemical weapons attack after mulling military action for almost a week. He added that the facts and the responsibility of the Syrian regime were beyond doubt. Trump, meanwhile, also addressed the governments of Iran and Russian Federation, both of which support Assad.

Markets Trump considers mandatory drug testing for some food stamp recipients
Author: 0 Trump considers mandatory drug testing for some food stamp recipients

The mandatory drug tests could affect five percent of Supplemental Nutrition Assistance Program recipients. He said you couldn't make someone take a drug test to get food stamps, especially the entirety of people who do. What's more, he said, implementing drug testing for SNAP recipients is legally murky. For example, In 2015 a study from the National Employment Law Project said states ended up spending more than $850,000 on drug testing TANF recipients.

Markets Tesla booted off fatal Model X crash investigation
Author: 0 Tesla booted off fatal Model X crash investigation

That statement continued by arguing that such releases often lead "to speculation and incorrect assumptions about the probable cause of a crash, which does a disservice to the investigative process and the traveling public". The carmaker's Autopilot system requires drivers to keep their hands on the wheel at all times, Engadget reports . In the crash, a 38-year-old man was killed when his Model X struck a freeway barrier that was either missing or had a damaged safety shield.

Markets Facebook CEO Mark Zuckerberg Grilled on Privacy by House Panel
Author: 0 Facebook CEO Mark Zuckerberg Grilled on Privacy by House Panel

The data debacle sparked outrage over consumer privacy, but also reignited broader concerns about Facebook's impact on privacy, civil discourse and domestic institutions around the world. And lawmakers are focused on other issues today. Mr Zuckerberg earlier this week testified before Congress , to discuss the company's mishandling of data that improperly ended up on the servers of Cambridge Analytica .

Markets Citigroup's first quarter profit on the up
Author: 0 Citigroup's first quarter profit on the up

It functions as backing or altercation of price limit. Emerging-markets stocks are outperforming their US counterparts this year, the latest sign that investors' appetite for risk remains robust despite rising trade tensions, according to Wsj.

Markets Channel 7 strikes deal with Fox Sports to broadcast Australian cricket
Author: 0 Channel 7 strikes deal with Fox Sports to broadcast Australian cricket

CA said in a statement on Friday that the broadcast and digital deal was worth A$1.18 billion over six years. "We wish Cricket Australia and its new broadcast partners well for the future success of the game", the spokesperson said. "In response to media speculation concerning cricket rights, Seven West Media Limited advises that it has been informed by Cricket Australia that it is the successful bidder with Foxtel", a statement posted to the ASX said.

Markets JP Morgan Chase & Co (JPM) Shares Obtained by Capital Wealth Planning LLC
Author: 0 JP Morgan Chase & Co (JPM) Shares Obtained by Capital Wealth Planning LLC

Amarillo Bancorp has 0.87% invested in JPMorgan Chase & Co. Texas-based Twin Tree Management Lp has invested 0% in JPMorgan Chase & Co. Cutter & CO Brokerage Inc. (NYSE: JPM ) has the Market Capitalization of 399.03 Billion. Boeing fell 1.86 percent after a Russian senator said the company could be a casualty, with ongoing issues with engines for its 787 Dreamliner planes also weighing.

Markets Watch The Walmart Yodeling Kid Perform On 'The Ellen DeGeneres Show'
Author: 0 Watch The Walmart Yodeling Kid Perform On 'The Ellen DeGeneres Show'

She then presented him with a scholarship from Walmart for $15,000. Mason Ramsey , the 10-year-old boy who went viral last week for yodeling at a Walmart, appeared on "Ellen" this week to talk about his viral fame. But first, DeGeneres wanted to hear how Ramsey enjoyed trip to Los Angeles, as his Ellen visit marked his first time on an airplane. Damn generous of you, Walmart.

Markets Disney must bid for Sky even if Murdoch offer fails, watchdog rules
Author: 0 Disney must bid for Sky even if Murdoch offer fails, watchdog rules

The UK Takeover Panel ruled that the Walt Disney Co would have to make a mandatory offer for Sky PLC after completing its proposed USD60.00 billion takeover of most the assets of Twenty-First Century Fox Inc, which now owns 39% of the pay-TV operator and has been trying to acquire the remainder.

Markets British Airways owner IAG mullls Norwegian takeover bid
Author: 0 British Airways owner IAG mullls Norwegian takeover bid

The purchase of Norwegian would benefit IAG's British Airways gain a bigger share of the low-priced market. It added Aer Lingus and the Spanish budget airline Vueling to its portfolio in 2015. 'Norwegian believes that interest from one of the largest worldwide aviation groups demonstrates the sustainability and potential of our business model and global growth, ' it said.

Markets Spotify & Hulu Team up for Joint Subscription Plan
Author: 0 Spotify & Hulu Team up for Joint Subscription Plan

The first people to get access to the bundle are existing Spotify Premium subscribers. Those with existing Hulu Limited Commercials subscriptions are required to switch billing to Spotify in order to enjoy the offer. Spotify Premium, now with Hulu will be available to everyone this summer. "This is just one example of how we can add value to our premium members day after day".

Markets Volkswagen to replace CEO with its brand chief
Author: 0 Volkswagen to replace CEO with its brand chief

Further details are emerging over an expected management shake-up at German auto giant Volkswagen AG, ahead of a supervisory board meeting expected on Friday. The announcement comes in the wake of a scandal in which the company was accused of fitting its diesel engines with devices to pass emissions tests. After-tax profit rose to 11.6 billion euros ($14.3 billion) a year ago, on sales of 230.6 billion euros.

Markets Uber is launching a rental vehicle service inside its app
Author: 0 Uber is launching a rental vehicle service inside its app

Going forward, it's critical that we act with integrity in everything we do, and learn how to be a better partner to every city we operate in. The launch came after the "180 days of change" program introduced by Uber past year in June for making amendments as per the request of the drivers , like tipping and compensation for the time spent by the drivers while they wait for their passengers.