Markets

Markets Facebook to launch its own Cryptocurrency for Payment Method
Author: 0 Facebook to launch its own Cryptocurrency for Payment Method

Social media giant Facebook is exploring the benefits of releasing its own cryptocurrency , financial news outlet Cheddar reported on Friday. Facebook's work on blockchain technology and cryptocurrency will likely take years to materialize. Marcus, who previously spent four years on the Facebook Messenger team, is no stranger to cryptocurrency.

Markets Noteworthy Buzzers: Facebook, Inc. (FB), The Coca-Cola Company (KO)
Author: 0 Noteworthy Buzzers: Facebook, Inc. (FB), The Coca-Cola Company (KO)

Market cap is just a fancy name for a straightforward concept: it is the market value of a company's outstanding shares. It has underperformed by 10.20% the S&P500. It also reduced Usg Corp ( NYSE :USG) stake by 3,050 shares and now owns 13,900 shares. Citrix Systems, Inc . (NASDAQ: CTXS ) has seen its SMA20 which is now 8.15%.

Markets Gold edges down on firm dollar, US bond yields
Author: 0 Gold edges down on firm dollar, US bond yields

As for other precious metals, silver for July delivery fell 2.3 cents, or 0.14 percent, to settle at 16.472 dollars per ounce. 10-year US Treasuries are now yielding 2.994%. Many Bank of Japan policymakers have set their sights on exiting from ultra-easy monetary policy and will favour raising interest rates if the economy continues to recover, former central bank board member Takahide Kiuchi told Reuters on Tuesday.

Markets Sterling headed for 4th successive weekly decline after BoE holds rates
Author: 0 Sterling headed for 4th successive weekly decline after BoE holds rates

In an April 18 poll, 69 of 76 had a 25 basis point increase penciled in. The rate was further lowered by 25 basis points in the wake of the Brexit vote in the summer of 2016 and was raised back to 0.5 percent at the end of a year ago. Carney said data looked "mixed" and hinted at MPC disagreements. Higher interest rates exert downward pressure on inflation, and lower interest rates push it up.

Markets This Bipedal Robot Can Now Run On Outdoor Terrain
Author: 0 This Bipedal Robot Can Now Run On Outdoor Terrain

Raibert did not say how much SpotMini would cost. At one point, the robot detects it is coming upon a log on the ground. Rather than focusing on a single body style, Boston Dynamics has explored multiple form factors. So, if you have loads of cash, there's nothing to worry about. Its range includes bots which can open doors, do backflips, and run across an uneven terrain, Mashable reported.

Markets RBS, DOJ Near $4.9B Deal Over Potential RMBS Civil Claims
Author: 0 RBS, DOJ Near $4.9B Deal Over Potential RMBS Civil Claims

The British government insisted that the US claims had to be resolved before it could sell its 72 percent stake in RBS . The letter also said RBS hoped to finalise in the next few weeks with the independent third party Blackburne, how the process should work and whether he will take on the role of hearing consequential loss appeals.

Markets Nashville Predators vs. Winnipeg Jets - 5/10/18 NHL Pick, Odds, and Prediction
Author: 0 Nashville Predators vs. Winnipeg Jets - 5/10/18 NHL Pick, Odds, and Prediction

That's a championship effort today. "And they lost. It's playoff hockey". "Having him on our team gives us an advantage no matter who we play", Wheeler said. Kyle Connor and Blake Wheeler each recorded three point games for the Jets. The even strength shot attempts are 338 apiece, the even strength shots 177 apiece, and the even strength goal tally 12-11 for the Preds (source: Natural Stat Trick).

Markets Deepika Padukone makes repping India at the Cannes look great
Author: 0 Deepika Padukone makes repping India at the Cannes look great

Trust me, the Padmaavat actress has nailed the look in a stunning gown with cape detailing, which is designed by Zuhair Murad . The black-grey-red-peach stripped body-hugging outfit flaunted Deepika's curves and frame. While her recent appearances on the global platform have been lukewarm, Deepika threw us a curveball that would be long remembered! "U look gorgeous, love the attitude", a fan wrote.

Markets April consumer prices up just 0.2 percent
Author: 0 April consumer prices up just 0.2 percent

The consumer price index has risen 2.5% in the past 12 months - the highest rate in 14 months. A more closely followed measure that strips out food and energy, known as the core CPI, rose a smaller 0.1% last month. Owners' equivalent rent of primary residence, which is what a homeowner would pay to rent or receive from renting a home, rose 0.3% last month after a similar gain in March.

Markets Pound dips after Bank of England holds rates
Author: 0 Pound dips after Bank of England holds rates

With the US Dollar (USD) losing some of its previous bullishness, however, the mood towards the Euro has picked up. Revealing a glimmer amid the gloom for British household finances, the Bank said that high inflation would abate sooner than previously thought.

Markets Fox Is Buying 7 Sinclair-Owned Television Stations for $910 Million
Author: 0 Fox Is Buying 7 Sinclair-Owned Television Stations for $910 Million

Sold All: 1 Reduced: 1 Increased: 5 New Position: 3. Us Bank De stated it has 34,980 shs or 0% of all its holdings. Sinclair Broadcast Group, Inc . (NASDAQ:SBGI). The company had a trading volume of 239,489 shares, compared to its average volume of 928,441. SBGI underperformed the S&P 500 by 32.54%. The proposed merger has run into strong opposition from those anxious about the loss of diverse voices across the broadcast landscape, a concern heightened by Sinclair's conservative leanings.

Markets California becomes first U.S. state to require solar panels on new homes
Author: 0 California becomes first U.S. state to require solar panels on new homes

The cost-effective 2019 Building Energy Efficiency Standards , which take effect on January 1, 2020, focus on four key areas: smart residential photovoltaic systems, updated thermal envelope standards (preventing heat transfer from the interior to exterior and vice versa), residential and nonresidential ventilation requirements, and nonresidential lighting requirements.

Markets Senators Force Vote In Hopes To Restore Net Neutrality Rules
Author: 0 Senators Force Vote In Hopes To Restore Net Neutrality Rules

The senators hope to put the open Internet rules back in place through the Congressional Review Act , which allows Congress to veto rulings by federal agencies such as the FCC. In February, a coalition of 22 state attorneys general refiled legal challenges meant to block the Trump administration's repeal of net neutrality.

Markets Fire at local plant could force thousands out of jobs
Author: 0 Fire at local plant could force thousands out of jobs

Ford announced that it will suspend production of the F-150 at its plant in Dearborn, Michigan on Wednesday night. In addition to the lack of sweet, sweet F-150 trucks rolling off the line, the big bummer about the stoppage is that it means that 3,600 workers at Ford's Kansas City plant are being furloughed while the parts shortage is sorted out.

Author: 0 Yemen rebels target Saudi capital with missiles

The government approved a national policy for its atomic energy programme on Tuesday, including limiting all nuclear activities to peaceful purposes, within the limits defined by worldwide treaties. It also remains uncertain as to how buyers of Iranian crude will respond to the USA decision. In theory, too, the United States is open to granting waivers to importers of Iranian crude, provided they show some willingness to reduce their purchases.

Markets French Govt Urges Air France Managers to Rule Against Strikers
Author: 0 French Govt Urges Air France Managers to Rule Against Strikers

Air France CEO Franck Terner, will oversee the day-to-day operations of the company while a successor is found. "We're minority shareholders. those that think that whatever happens the state will come to Air France's rescue and soak up Air France's losses are mistaken", Le Maire said.

Markets Facebook shuffles execs of key apps in biggest reorganization
Author: 0 Facebook shuffles execs of key apps in biggest reorganization

Recode has a big report out with lots of the key details, and some Facebook execs are sharing info on Twitter. The company restructuring comes a little under a month after Zuckerberg testified in front of Congress about the Cambridge Analytica data breach scandal, and five months after Zuckerberg promised to fix Facebook as part of his New Year's resolution.

Markets Comcast Looks to Disrupt Disney-Fox Deal With All-Cash Offer
Author: 0 Comcast Looks to Disrupt Disney-Fox Deal With All-Cash Offer

Comcast is reportedly arranging $60 billion for an offer for the Fox assets and Sky , the report said. It looks like Disney's big plan to buy a significant part of Fox's assets is not a sure thing. "I can only say, reiterate that we made a deal in December that received unanimous approval, which is important, by the 21st Century Fox board", said Iger.

Markets Valeant Pharmaceuticals International Inc
Author: 0 Valeant Pharmaceuticals International Inc

Five analysts have issued estimates for Valeant Pharmaceuticals International's earnings. Papa noted on a Tuesday morning call with analysts that the company assessed a variety of name changes and landed on the Bausch name in order to invoke feelings of "innovation and quality".

Author: 0 Uber Flying Taxi Launch Only 2 Years Away, Company Says

Such technology would be a first for existing flying craft, according to a joint statement from the U.S. Army and Uber . "We fly a lot so we can prove to the FAA ( Federal Aviation Administration ) and the public that these aircraft are safe", he said.

Markets Walmart likely to announce Flipkart deal before end of the week
Author: 0 Walmart likely to announce Flipkart deal before end of the week

Reports surfaced that Flipkart is working on a mega expansion plan after its merger with Walmart and is ready with Dollars 1 billion (about Rs 6,700 crore ) for various deal activities. "The deal between Flipkart and Walmart is a done thing, as evident from the exit of majority of its investors". It recorded net sales of $ 4.6 billion during the year, representing more than 50 per cent growth in both cases.

Markets Arsene Wenger to consider upstairs role... but not at Arsenal
Author: 0 Arsene Wenger to consider upstairs role... but not at Arsenal

General, I'll work. What is going to I do? "You will not see him until December at best", Wenger said. Massimiliano Allegri has been linked with becoming Arsenal's new manager, but Juventus plan to hold talks with the coach over his future once the Serie A title is secured.