learningandfinance.com

Business

Choice Shonky Awards name and shame Australia's dodgiest products

So here are the best of the worst, with all their misleading glory. CHOICE said the South Korean tech giant also offloaded 144,000 dodgy top loader washing machines. Choice said at 46 per cent sugar, Milo's four-and-a-half-star rating should be downgraded to one-and-a-half star, describing the product as "delicious chocolate dirt".

Business

East coast bracing for Hurricane Matthew

Kurt W. Tidd, Southern Command commander, said in a statement. "It's awful... a total disaster". There are reports of communications towers being affected by downed trees and officials are anxious it will hamper the emergency response. Hurricane Matthew tore into Haiti's southern coast early Tuesday, ripping off corrugated rooftops, toppling trees and flooding streets and agricultural fields in a country still struggling after a devastating natural disaster six years ago.

Business

Storm eye moves off Cuba; Florida eyes warning

Matthew briefly reached the top classification, Category Five, as it moved across the Caribbean Sea late last week, becoming the strongest hurricane in the region since Felix in 2007. A Carnival cruise ship that planned to stop in the Bahamas on a six-day excursion will instead visit Cozumel, Mexico, reported the Post-Courier in Charleston, South Carolina.

Business

Texas oil company announces offshore Alaska discovery

Caelus Energy LLC, a closely-held firm backed by private-equity fund Apollo Global Management LLC, said it made the oil find in the shallow waters of Smith Bay, about 300 miles north of the Arctic Circle. Mr. Musselman said he was counting on strong support from Alaska to help push the project through required federal permits. He credits the state's tax credit programs for providing an incentive to explore.

Business

Clinton Calls Sanders' Supporters Basement Dwellers

Sanders spoke before large crowds twice in Portland during his quest for the Democratic presidential nomination. Clinton, who as Democratic presidential nominee is having trouble attracting numerous young voters who supported Sanders, also referred to Sanders's platform as a "false promise" during a February fundraiser, according to leaked audio released by the conservative website Free Beacon .

Business

India central bank delivers surprise rate cut

The Reserve Bank of India's decision to cut interest rates is likely to have many implications, among which the impact on the home loan EMIs will be closely followed by the Indian middle class. Beyond food and the exchange rate, a deceleration in unit labour costs growth would also help ease inflation, the Bank said. The bank did not say how members of the six-strong committee voted.

Business

Powerful Hurricane Matthew roars across Haiti

Matthew had top sustained winds of 125mph and was heading north at 8mph as it started to take aim at the Bahamas. Cuba's government declared a hurricane alert for six eastern provinces, and workers removed traffic lights from poles in the city of Santiago to keep them from falling.

Business

Deutsche Bank shares and United States stocks are soaring

At one moment in frenzied early trading, the bank's stock fell another 8 percent to below 10 euros a share for the first time, before recovering somewhat to trade 6 percent lower at 10.20 euros. Nasdaq 100 e-minis were down 0.75 points, or 0.02 percent, on volume of 37,559 contracts. Warehouse club operator Costco Wholesale jumped $5.02, or 3.4 per cent, to $152.51 after it reported a profit that was larger than analysts expected.

Business

Deutsche Bank shares swing wildly amid stability concerns

The Department of Justice wants Deutsche Bank to pay $14 billion to end an investigation into mortgage-backed securities, and the stock jumped Friday after a report that the bank could settle the case with a smaller payment. Rival Commerzbank was down 1.2 percent, but well off the session lows, a day after suspending its dividend for the first time and announcing 9,600 jobs over the next four years.

Business

Yellen Sees Solid Job Growth, No Fixed Timetable For Rate Rise

Federal Reserve Board Chairman Janet Yellen goes over her notes prior to testifying on Capitol Hill on Wednesday before the House Financial Services Committee . In economic news, orders for US durable goods were little changed in August. Evans said weak growth, an aging workforce and poor productivity may leave the US economy stuck with low interest rates for years to come, and the Fed struggling to reach its 2 percent inflation target.

Business

HarbourVest urges SVG Capital shareholders to accept offer

SVG Capital , which had spurned USA rival HarbourVest's $1.5 billion-bid since mid-September, said it was also in talks with a second consortium regarding sale of some of its assets. SVG rejected the bid as undervaluing the business, and HarbourVest has now taken the offer directly to SVG shareholders. USA private equity firm HarbourVest Partners said its offer for smaller rival SVG Capital would give the British firm's shareholders a "clean break", with HarbourVest absorbing the risks and ...

Business

Tesco grows sales but first-half profits fall 28% to £71m

Tesco said it would cut its operating costs by 1.5 billion pounds ($1.9 billion) by improving its distribution network and simplifying its store operations. All of this has helped Tesco shares jump at the open. Three former executives have been charged with fraud in relation to the mis-stating of the company accounts, which they deny.

Business

NY prosecutor orders Trump Foundation to halt fundraising

State rules require nonprofits raising more than $25,000 a year in NY to register and file audited financial statements and annual financial reports to the attorney general's charities bureau. The scrutiny of the Trump Foundation came as the Republican candidate was dealing with a damning report by the New York Times which released tax records showing Trump taking an nearly US$1 billion loss in 1995 that may have allowed him to avoid paying federal income taxes for up to 18 years.

Business

FTSE 100 slides as Deutsche Bank fears unsettle bank stocks

Deutsche Bank AG is nearing an agreement with U.S. officials to pay $US5.4 billion ($A7 billion) to settle charges related to its sale of toxic mortgage bonds before the financial crisis, French news agency AFP reports, citing sources. "Stock markets worldwide are rattled by the latest development at Deutsche Bank ". Financial stocks slumped on renewed worries about Deutsche Bank .

Business

Brady back but not viewed as Patriots' savior

Brady was suspended four games by the National Football League for his role in the "Deflategate" scandal which came to light following the Patriots' rout of the Indianapolis Colts in the 2015 AFC championship game. Martellus Bennett continues to pick up the slack offensively. Whenever it happens, Slater said, the presence of their team leader would be welcomed as the Patriots turn their attention to Sunday's trip to Cleveland.

Business

Pence Says Trump Didn't Say Those Insults. He Did

While their performances were unlikely to dramatically change the way voters view Trump and Clinton, the nationally televised debate was nevertheless a spotlight opportunity for to introduce themselves to Americans, energize party loyalists and potentially sway the shrinking pool of undecided voters.

Business

Brexit fears send pound to new 31-year low

Many in the market worry the British government's stance points to a "hard Brexit", in which Britain splits entirely from the single market in favour of retaining control over immigration, which could drive an exodus of banks from London .

Business

Creepy clown hysteria hits the metro

Police in South Haven say there are no actual sightings, but there have been threats made to students on Facebook . Police in Utah have warned residents that it is not legal to shoot "random clowns" following an increased number of clown sightings across the country.

Business

United States warns Samsung washing machine owners after explosion reports

Samsung is having fresh problems, but these new concerns have nothing to do with the Galaxy Note 7. Now, the company's top-loading washing machines are exploding too. Apparently, it's not just Samsung smartphones that are blowing up. Samsung acknowledged Wednesday that some of its top-loading washers "pose a risk of personal injury or property damage", the latest safety issue to hit the South Korean manufacturer in recent weeks.

Business

US election 2016: Clinton rips into Trump over taxes

Trump spoke in Pueblo and will be speaking in Loveland, Colorado tonight as he campaigns across the state . "Zero taxes means zero for our vets, zero for our military, zero for Pell grants to send young people to college, zero for health, zero for education", Clinton said .

Business

Pence on Clinton's foreign policy

Washington lawyer Robert Barnett has been playing the role of Pence in Kaine's debate preparations. Kaine fell back again and again on canned lines and corny jokes and ridiculous stretches on Trump's taxes (hint: tax returns don't say where your business makes money).

Business

F&M Poll: Clinton's lead widens over Trump in Pa

With a spate of new polls showing the race is as close as ever, Clinton took the offensive early, accusing the Republican of "a long record of engaging in racist behavior" and assailing his economic plan as "Trumped-up trickle down policy".

Business

Almost 100 protest pipeline Thursday despite rain

On the USA side of the border, protests by the Standing Rock Sioux have managed to halt construction of the $3.8 billion, 1,170-mile (1,880-kilometer) Dakota Access Pipeline across four western U.S. The 1,172-mile pipeline, already more than 60 percent complete, would deliver North Dakota crude oil to IL. Lake Sakakawea is the largest of six Missouri River reservoirs.

Business

Kim Kardashian assailants still at large after France heist

Police trial expert and former undercover DEA agent Michael Levine said when he first heard of the reality star's traumatic ordeal he initially thought the Kardashian robbery could be an elaborate hoax. The assailants tied up the mother of two in the bathroom as they walked away with an estimated $10 million in stolen jewelry. In a message to The Associated Press , the Paris prosecutor's office said that only two of the five suspects forced their way into the apartment.

Business

Trump Foundation Ordered to Cease Fundraising in State of NY

Democratic attorney general Eric Schneiderman has been investigating Republican Donald Trump's foundation following media reports that its spending personally benefited the U.S. Trump Foundation tax filings between in 2011 and 2014 showed that it donated up at least $286,000 to noteworthy conservative or policy groups, RCP reported.

Business

Iran's oil exports hit pre-sanctions high

The Organization of the Petroleum Exporting Countries said last week it would cut output to between 32.5 million barrels per day (bpd) and 33.0 million bpd from about 33.5 million bpd, with details to be finalised at its policy meeting in November.

Business

IL treasurer: State will suspend Wells Fargo business

David Vitter, a Louisiana Republican, demanded that Wells Fargo Chief Executive John Stumpf provide a "full accounting" of customers affected. Wells Fargo responded to Illinois State in the following words: "Respectfully, the actual amount in lost revenue for the company from business conducted with the Illinois Treasurer's office is approximately $50,000 per year".

Business

Philippine: Duterte seeks death penalty in war on crime

But since Duterte took office this summer, he's called for the withdrawal of U.S. military advisers and said the Philippines will no longer conduct joint patrols with the U.S. The death penalty was officially abolished in the primarily Catholic country in 2006, but Duterte said that "if God doesn't exist", capital punishment is the only way to ensure justice for the victims of bad crimes.

Business

Federal Reserve signals December interest rate hike

The U.S. Federal Reserve triggered a volatile reaction in the financial markets on Wednesday when it chose to leave interest rates unchanged while lowering its expectations for rate hikes in the years ahead. Taye Shim, an analyst with the Jakarta-based Daewoo Securities, said in a note that the Fed decision to hold rates, coupled with monetary easing by the Bank of Japan, should lift short-term uncertainties and lead to a relief rally.

Business

China Earnings? Yum Brands Looks Expensive

QSR has been the subject of a number of recent research reports. Zacks Investment Research downgraded Yum Brands from a hold rating to a sell rating in a report on Monday, September 19th. This is a positive change from Restaurant Brands International's previous quarterly dividend of $0.15. Restaurant Brands International's dividend payout ratio (DPR) is presently 59.26%.

Business

Google Home will be cheaper than the Amazon Echo, available in November

The Google Home is the second Google product through which people will be able to communicate with the Google Assistant, which is a more friendly way to talk to Google. Tell the Google Home to add an item to your shopping list, and that amended list will be waiting on your Pixel when you arrive at the store. Cast on Home also allows for control over your cast devices, like Chromecast, Chromecast Audio, Android TV and other Cast-enabled devices.

Business

Proctor wants state, others to cut off Wells Fargo

The panel's senior Democrat, Maxine Waters of California, was adamant the alleged abuses showed the second-largest United States bank was too big for senior executives to keep track of what was going on. For more than five hours Thursday, Stumpf came under a sustained assault from lawmakers. "You have broken long-standing ethical standards inside the company", McHenry said.

Business

Wilson to start despite knee sprain

This is yet another brutal game for the Jets , as it will be the third team that they face that made the postseason in 2015. "It's not going to be a hindrance really at all", Wilson said. Wilson, who's been nursing an ankle sprain and suffered a right MCL sprain in the first quarter Sunday , told the media Thursday there's "no doubt" he'll play, via the Seattle Times' Bob Condotta on Twitter Thursday.

Business

Western Bulldogs end premiership drought with win over Sydney Swans

It's not that he had any allegiance to the Giants or had a particular disliking for the Bulldogs. The Bulldogs continued their emotional premiership celebrations with a family day on Sunday at Whitten Oval. The four-time All-Australian expected similar scenes if the Bulldogs snap their premiership drought, saying the fans would turn out in droves and paint Melbourne red, white and blue.

Business

Venezuela wants non-OPEC nations to join in output cuts

Current output is estimated at 33.2 million barrels per day, although Iraq questioned on Wednesday how Opec measures the oil production of its members. A steady dollar and weak US stock market also limited some of the upside in oil in early trading. In a statement, OPEC said it had concluded that the market glut was not going away any time soon.


Begin ← Back 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 516 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 567 568 569 570 571 572 573 574 575 576 577 578 579 580 581 582 583 584 585 586 587 588 589 590 591 592 593 594 595 596 597 598 599 600 601 602 603 604 605 606 607 608 609 610 611 612 613 614 615 616 617 618 619 620 621 622 623 624 625 626 627 628 629 630 631 632 633 634 635 636 637 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 960 961 962 963 964 965 966 967 968 969 970 971 972 973 974 975 976 977 Forward → End