• Liberty House makes binding offer for Rio Tinto's French aluminium smelter
Liberty House makes binding offer for Rio Tinto's French aluminium smelter

The company estimates that in Europe alone demand for aluminium for vehicles will rise to 4.3 million tonnes from 3.3 million tonnes a year by 2024, given the increasing focus on light-weight materials, and vehicles with a lower carbon footprint.

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  • Photo Of This Browns' Fan's NSFW Sign Went Viral
Photo Of This Browns' Fan's NSFW Sign Went Viral

Recently, there has been some debate on whether or not it's actually a parade or a protest, but regardless, it adds another civic black eye to a proud and tough-minded blue-collar city and its long-suffering and dedicated fans such as Cleveland.

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  • Retail inflation hits 17-month high of 5.21% in December
Retail inflation hits 17-month high of 5.21% in December

According to the data furnished by the Ministry of Statistics and Programme Implementation, the retail inflation, measured by Consumer Price Index (CPI), hit a 17-month high at 5.21 per cent this month as against 4.88 per cent in November.

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  • Wells Fargo & Company (NASDAQ:WFC) To Report Earnings
Wells Fargo & Company (NASDAQ:WFC) To Report Earnings

Wells Fargo & Company has a consensus hold rating from 33 Wall Street analysts, and the number of shares now sold short amount to at least 0.87% of shares outstanding. The rating was maintained by Oppenheimer on Monday, July 17 with "Buy". BMO Capital Markets downgraded it to "Underperform" rating and $47 target in Friday, November 18 report.

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  • JPMorgan profit plunges 37 percent on tax hit
JPMorgan profit plunges 37 percent on tax hit

The overall volume in the last trading session was 15.82 million shares. About 159,822 shares traded. Orion Engineered Carbons, S.A. (NYSE:OEC) has risen 24.57% since January 11, 2017 and is uptrending. UBS downgraded the stock to "Neutral" rating in Friday, October 30 report. Societe Generale downgraded it to "Hold" rating and $120.5 target in Tue...

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  • Infosys Q3 profit grows 38.3% to Rs 5129 cr
Infosys Q3 profit grows 38.3% to Rs 5129 cr

In dollar terms, the brokerage expects Infosys to post revenue of $2,747 million in Q3 - up 0.7 per cent quarter-on-quarter and 7.7 per cent year-on-year. "During the quarter, we provided compensation increases and higher variable payouts to our employees". Under Parekh, Infosys is now attempting to bring the focus back on growth and business.

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  • Fiat Chrysler to move plant from Mexico to MI, pay out bonuses
Fiat Chrysler to move plant from Mexico to MI, pay out bonuses

The automaker announced Thursday that it will spend more than $1 billion to revamp its Warren Truck Assembly Plant, which will start making the Ram heavy-duty truck in 2020. The new law, which cuts the corporate tax rate to 21%, eliminates loopholes, and doubles the standard deduction for individuals and families, was supported by Rep.

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  • GM debuts self-driving vehicle with no steering wheel
GM debuts self-driving vehicle with no steering wheel

The location of the service has not been revealed. GM's new vehicle will be a fourth-gen auto in its driverless, all-electric Chevy Bolts, which are being tested in San Francisco and Phoenix streets as we speak. The automaker and companies including Alphabet's Waymo unit and startup Zoox have demonstrated cars that can drive with so-called Level ...

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  • Ex-BHS Owner Convicted For Obstructing Pension Probe
Ex-BHS Owner Convicted For Obstructing Pension Probe

The four day trial took place at Brighton Magistrates Court. Dominic Chappell, who bought now-defunct retailer British Homes Stores for £1, was convicted Thursday of failing to turn over information to a United Kingdom watchdog investigating a £571 million ($773 million) deficit in the chain's pension insurance scheme.

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  • China's trade boom hits speed bump as Dec imports growth slows sharply
China's trade boom hits speed bump as Dec imports growth slows sharply

For 2017, China's imports from North Korea fell 33 percent from a year ago to $1.72 billion, while exports to the country rose 8.3 percent to $3.34 billion. The trade surplus totaled $54.69 billion in December versus the expected surplus of $37.0 billion. "The next stage is an open economy that focuses on a balance of trade", he said.

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  • China orders Marriott to suspend website, app in map furor
China orders Marriott to suspend website, app in map furor

The online ban began on Thursday. Marriott International apologized for an online questionnaire listing Chinese-claimed territories as separate countries. Unfortunately, twice this week, we had incidents that suggested the opposite: First, by incorrectly labeling certain regions within China, including Tibet, as countries in a drop-down menu on a s...

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  • Louisiana tried to woo auto plant with $500M in incentives
Louisiana tried to woo auto plant with $500M in incentives

The new plant is expected to create up to 4,000 jobs, with production scheduled to begin by 2021. Employees will be paid an average annual salary of $50,000, Ivey said. Already, the Huntsville area has a Toyota engine factory with about 1,500 workers. "This has never happened on US soil", Davis said. It produces most of the cars and trucks it s...

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  • Jeff Bezos' net worth tops US$105 billion as Amazon climbs
Jeff Bezos' net worth tops US$105 billion as Amazon climbs

This is because of Amazon's dominant performance during the online holiday season. Bezos's top spot on the billionaire list makes sense, given Amazon's sales figures and growth - Amazon captured 89 percent of the online shopping spend in the United States over the five-week Thanksgiving holiday period, according to an analysis from Earnest Resear...

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  • Malaysia signs $50mn deal with USA firm to find MH370
Malaysia signs $50mn deal with USA firm to find MH370

The previous search effort and the wreckage found have allowed researchers to revise their assessments on the search area, underpinning Ocean Infinity's confidence in finding the aircraft, Plunkett said. "We thank the government of Malaysia for its efforts in evaluating offers and concluding this agreement", they said in a statement to the press to...

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  • Wrong-runway confusion during landing at SFO
Wrong-runway confusion during landing at SFO

Air traffic controllers cleared Aeromexico flight 668 from Mexico City to land on San Francisco's Runway 28R, and the pilot of the aircraft acknowledged the instruction, according to the FAA, which is investigating. An Aeromexico passenger jet meant to land on a runway occupied by a commercial jet before air traffic controllers ordered the Aeromexi...

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  • Brent Crude Oil Price Flirts With $70 Per Barrel
Brent Crude Oil Price Flirts With $70 Per Barrel

But some analysts are concerned that if prices rise much higher, North American drilling will be ramped up to take advantage of the price and ultimately return the market balance to oversupply. OPEC Production Cuts to End? The session high for the global benchmark was $69.37, highest since May 2015. The dollar hit a 3½-month low versus the euro ...

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  • Ethereum becomes second biggest cryptocurrency by market cap, overtaking Ripple
Ethereum becomes second biggest cryptocurrency by market cap, overtaking Ripple

Right now, however, and as priced on CoinMarketCap , Ripple goes for around $1.92 a piece. A new report, however, suggests the company may soon be known as an early investor in Ripple's XRP and a pioneer in cryptocurrency . The companies also will evaluate whether MoneyGram will become one of Ripple's payment partners. Ripple has warn...

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  • No Bitcoin for Bitcoin Event
No Bitcoin for Bitcoin Event

Due to network congestion and manual processing, we have closed ticket payments using Cryptocurrencies - Hopefully, next year there will be more unity in the community about scaling and global adoption becomes reality. The organisers of the conference attributed their decision to network congestion and manual processing. Without those alternative...

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  • Delta raises 2018 earnings guidance 20% due to tax law
Delta raises 2018 earnings guidance 20% due to tax law

Beginning in late 2014, jet fuel prices plunged, delivering a huge windfall for Delta Air Lines ( NYSE: DAL ) and its peers. (NYSE: DAL ). Greenleaf accumulated 217 shares or 0% of the stock. Shellback Capital Lp, which manages about $423.03 million and $1.11 billion US Long portfolio, decreased its stake in Gap Inc Del (NYSE:GPS) by 250,000 sh...

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  • IKEA offers discount if you pee on their new ad
IKEA offers discount if you pee on their new ad

If the woman is pregnant the discounted price will appear in red below the original amount listed in the ad. The obvious question is, if the test is positive , does the urine-soaked ad have to be bought into the store in order to qualify for the discount? Here's a link to how the ad showed up on Twitter along with various comments - both g...

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  • Dropbox is finally, finally going public
Dropbox is finally, finally going public

TechCrunch has been hearing that the cloud company plans to go public in early 2018. It's set to be one of the most watched tech IPOs of the year. Citing people familiar with the matter, the source claims that the company is aiming to list in the first half of this year, and that Goldman Sachs Group and JPMorgan Chase & Co.

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  • Ford notes death blamed on faulty Takata air bag in Ranger truck
Ford notes death blamed on faulty Takata air bag in Ranger truck

Both Rangers were equipped with Takata airbag inflators built on the same day. Owners of the vehicles can contact Ford to schedule a free repair, with the automaker saying it will send mobile repair teams to owners' homes, tow vehicles to local dealerships for repair, and provide loaner vehicles, free of charge.

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  • Democrats ask watchdog to review new IRS tax guidelines
Democrats ask watchdog to review new IRS tax guidelines

Comptroller General Gene Dodaro, Democratic Senator Ron Wyden and Representative Richard Neal said they were concerned that the U.S. Treasury could be pressured to adopt tax withholding tables that take too little federal tax out of employee paychecks to make good on White House predictions of a middle-class windfall.

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  • Madison Sam's Club among dozens of stores to close
Madison Sam's Club among dozens of stores to close

The chain said on Twitter that the closures are happening because it made a decision to "better align our locations with our strategy" but it didn't post any official announcements or warnings online. Walmart announced this morning that they are closing 269 stores globally and in the U.S., including in Alaska. The store will reopen Friday before pe...

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  • BidaskClub Downgrades Norwegian Cruise Line (NCLH) to Sell
BidaskClub Downgrades Norwegian Cruise Line (NCLH) to Sell

The stock increased 0.63% or $0.52 during the last trading session, reaching $82.69. During the same period in the previous year, the company posted $1.62 EPS. First Dallas Securities Inc, which manages about $186.05 million and $144.28 million US Long portfolio, decreased its stake in Taiwan Semiconductor Mfg Ltd S (NYSE:TSM) by 24,649 shares to 2...

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