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Business

Supreme Court tackles gerrymandered districts

For example, Republicans in North Carolina dominate both legislative chambers and hold 10 of the state's 13 congressional seats, CBS reported, but national and statewide elections show the state is more evenly split among Republicans and Democrats than their representation suggests.

Business

"Largest tax change since Reagan" to be introduced by treasury nominee Mnuchin

Sanders and Warren's main focus has always been on keeping corporate and government separate, which is why they felt compelled to release this joint statement on Mnuchin's appointment. He played a major role in the campaign as part of the candidate's team of economic advisers, including putting together infrastructure policies. He earned the nickname "king of bankruptcy" for his acquisitions and turnarounds of failing steel companies in the 2000s.

Business

Christmas tree lighting 2016

The president briefly spoke to the gathered crowd/Channel 4 Washington. Those without tickets can watch the lighting ceremony here at 5 p.m. and the entire show on the Hallmark Channel on Monday, Dec. The stars were out Wednesday night for the annual lighting of the Rockefeller Center Christmas Tree, kicking off Christmas season in New York City on NBC's Christmas in Rockefeller Center .

Business

One Stock Analysts Are Watching - Bank Of Montreal (NYSE:BMO)

Number of analysts are covering this stock and now stock has got OUTPERFORM rating from no analyst of Thomson Reuters, 1 analyst given HOLD rating to the stock and 0 given UNDERPERFORM rating. British Columbia Investment Management Corp raised its stake in Bank Of Montreal by 1.0% in the second quarter. The Bank's operating groups include Personal and Commercial Banking, Wealth Management, BMO Capital Markets (BMO CM) and Corporate Services, including Technology and Operations.

Business

Al Gore Calls His Meeting With Trump 'Extremely Interesting'

The assembly "was a genuine search for places of common ground", said Mr Gore, a climate change activist . "I found it an extremely interesting conversation". Trump's views on global warming are even more of a stark shock after Barack Obama , who featured in Before The Flood in conversation with Leo at the White House.

Business

Equinix scoops up 24 Verizon data centers for $3.6 billion

The 24 sites consist of 29 data center buildings across 15 metro areas. Equinix is an operator of data centers in the America, Europe and the Asia-Pacific region. Want to know more about telecom data center strategies? Verizon, which bought data centre company Terremark Worldwide for US$1.4 billion in 2011, has been facing stiff competition from companies such as T-Mobile US Inc and Sprint Corp, which offer deep discounts on cellphone and data plans.

Business

Amazon Go: An advanced grocery store with no checkout

According to their website, Amazon Go stores will sell everything from classic grocery staples to ready-made options, and they'll feature both well-known and newer brands. As we can see from the video this seems a lot easier than the current system where you have to go through a checkout with either a cashier or one of the self checkouts.

Business

Crackdown on financial spread betting proposed by FCA

There are 97 CFD firms authorized by the FCA, double the number six years ago, and they also serve some 400,000 retail clients outside Britain. However, the FCA will also oversee how firms use permissions in other areas of financial services, including mortgages.

Business

US Trade Deficit Widens in October From a Nearly 3-Year Low

Joshua Shapiro, chief US economist at MFR Inc., said in a note to clients that it appeared net exports "will exert a significant downward influence" on fourth-quarter GDP growth. A surge in soybean exports during the third quarter helped narrow the overall trade gap and offered a tailwind for overall economic growth. Prices for USA government debt were slightly weaker in mid-morning trading, while US stocks were largely unchanged.

Business

UK's Newcastle University: How To Hack A Credit Card In 6 Seconds

Hackers can automatically generate variations of the security data and try them on multiple websites until they get a "hit" and verify all the necessary security data. However, the researchers found it was only the Visa network that was vulnerable. Once the attacker has the 16 digit code, he needs less than four seconds to find the expiration date and the CVV code.

Business

Analysts Recommended this Stock: The Gap, Inc. (NYSE:GPS)

The Gap Inc . has 399,000,000 shares which are now outstanding with shareholders and have a price of 25.05 bringing The Gap Inc .'s market capitalisation to 9.99B Dollars. Rbs Partners Lp increased its stake in Gap Inc Del (GPS ) by 5.3% based on its latest 2016Q2 regulatory filing with the SEC. The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 25th.

Business

Noble Corporation (NYSE:NE) Analyst Recommendation

Wells Fargo & Co. reaffirmed a "hold" rating on shares of Noble Energy in a research report on Tuesday, November 22nd. Advisor Group Inc. acquired a new stake in shares of Noble Energy during the second quarter valued at about $136,000. They now have a United States dollars 4.7 price target on the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink .

Business

Spokesman offers few clues on Trump's pipeline stance

The Army Corps of Engineers controls the land along the way close to the tribe's reservation . "I am asking them to go". "I plan on staying until it's over", said Andy Shute, 30, of St. Army Corps of Engineers headquarters in Dallas. Jo-Ellen Darcy said she based her decision on a need to explore alternate routes for the Dakota Access pipeline crossing.

Business

Is This The Death Blow For The Dakota Access Pipeline?

The Standing Rock Sioux tribe and their allies have been fighting against the pipeline's construction for months, over concerns that the pipeline, which would move around 470,000 barrels of oil a day, would contaminate water sources and destroy sacred ancestral land.

Business

Cubans continue to mourn Fidel Castro

Besides Xi, Premier Li Keqiang, who talked with Castro in the Cuban capital city on September 25, sent a message of condolence on behalf of the country to Raul Castro, Fidel's brother and successor. "There's been a shift of millennial Cuban-Americans, who are more open to President Obama's policies", says Cherie Cancio, 29, who was born in Miami and runs tours through a nonprofit called CubaOne to the island for young Cuban-Americans eager to explore their heritage.

Business

Vocus progresses Australia Singapore Cable

In September, Nextgen and Alcatel-Lucent Submarine Networks announced the switching on of the $139 million North West Cable System, a 2,100km fibre-optic submarine cable between Darwin and Port Headland. The report estimates ASC has the opportunity to capture a minimum of 15.5Tbps of capacity sales by year-end 2029, resulting in expected revenues of at least $550m over this period, by which time ASC will have been operating for only 40% of its effective life.

Business

Amazon Go grocery store is checkout

It's also in beta right now , which means that only Amazon employees can shop there. The company now has bookshops in San Diego and Portland, Oregon, with locations expected soon in Chicago and just outside Boston. Commenting on the news, Hugh Fletcher, digital business consultant, Salmon [IRDX VSMN], said: "The imminent launch of Amazon Go signifies a move away from traditional bricks and mortar stores and towards a new era of shopping".

Business

Featured Stock to See: Freeport-McMoRan Inc. (NYSE:FCX)

Silica Holdings, Inc. 11/17/2016 - Freeport-McMoran Copper & Gold, Inc. was downgraded to "hold" by analysts at Deutsche Bank. The company has grown 4.53% in past 3 months and in the last five trades has moved down -1.04%. Freeport-McMoRan had a negative net margin of 58.67% and a negative return on equity of 0.72%. The company earned $3.88 billion during the quarter, compared to the consensus estimate of $3.95 billion.

Business

Applied Materials, Inc. (NASDAQ:AMAT)

Company shares have been recently noted at -3.01% off of the 52 week high and 107.78% away from the 52 week low. TLP Group LLC bought a new stake in Applied Materials during the second quarter worth about $105,000. TRADEMARK VIOLATION WARNING: This news story was published by The Cerbat Gem and is owned by of The Cerbat Gem. 09/22/2016 - Applied Materials, Inc.

Business

Southern rail passengers face misery as services slashed amid industrial action

Dr Lucas called on ministers to convene a meeting with the unions and GTR and for the Government to strip the operator of its management contract. Shadow transport secretary Andy McDonald said: "GTR should have been stripped of their franchise long ago for failing to plan properly to take on the franchise as they themselves have admitted and providing what is by far the country's worst rail service".

Business

Amazon's New Service Will Forever Change How You Shop

If customers change their mind about an item, they just have to put it back and Amazon will automatically remove it from their bill. An ambitious project that has apparently been in the works for four years, Amazon Go seeks to do away with the nuisance of waiting in lines.

Business

Tyson Foods joins the venture capital field

Vetr lowered shares of Tyson Foods from a "strong-buy" rating to a "buy" rating and set a $69.00 target price on the stock.in a research report on Wednesday, June 22nd. This represents a $0.90 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend is Monday, February 27th. Tyson Foods's payout ratio is presently 13.25%.

Business

Far-right Norbert Hofer has lost the Austrian presidential election

Austria is holding a presidential election on December 4 in which right-wing candidate Norbert Hofer is facing off against left-leaning candidate Alexander Van der Bellen. Mr Van der Bellen had placed Brexit at the heart of his campaign, arguing that Mr Hofer wanted Austria to hold its own "Oexit" referendum, putting jobs at risk in the small, trade-dependent country.

Business

In Indiana, Trump lauds exchange of tax breaks for Carrier jobs

Apparently under pressure from Trump, Carrier announced this week it had agreed to keep more than 1,000 jobs at the plant and at its headquarters, while still planning to move more than 1,000 other U.S. But liberal Senator Bernie Sanders, who was up against Hillary Clinton for the 2016 Democratic presidential nomination, said the deal should worry Americans.

Business

US Unemployment Is the Lowest It's Been in nearly a Decade

A pullback in wage growth after two straight months of solid increases, however, put a wrinkle in the otherwise upbeat employment report . Unfortunately this is largely because a stunning 446,000 people dropped out of the labor force, not because a huge number people got jobs.

Business

Watson is finalist again

The deep-threat duo will pair up again as Heisman finalists at Saturday's ceremony in New York City. On Monday, one day after 80 teams learned what bowl games they'd be playing in, the Heisman Trust released its finalists for the 2016 Heisman Trophy.

Business

Police investigate Port Adelaide star over vehicle crashes

Thomas said the incident was reported to the club by players at the party, and the club contacted police who assisted with the search for Impey. "I'm willing to do anything to ensure I'm not in this position again and I'm sincerely sorry for what happened, I can't apologise enough".

Business

Art of the deal? Carrier jobs saved at a price

Saturday, Donald Trump called out Rexnord for planning to move 300 jobs from Indianapolis to Mexico. Corporations may want to pay less in taxes and labor costs. Trump's pick for treasury secretary, Steven Mnuchin, and commerce secretary nominee Wilbur Ross both said that they would pursue bilateral trade agreements with other countries but remained wary of sweeping regional deals.

Business

Wal-Mart Stores Inc. (WMT) To Go Ex-Dividend on December 7th

In addition to this price estimate, the leading brokerages have announced the earnings estimates for Wal-Mart Stores, Inc. Blue Bell Private Wealth Management LLC now owns 2,576 shares of the retailer's stock worth $186,000 after buying an additional 16 shares in the last quarter.

Business

US Employers Add 178000 Jobs in November

In another sign that inflation is tame, average hourly earnings declined 0.1 per cent to US$25.89, the first drop in wages since December 2014. The number of unemployed fell last month by 387,000 to 7.4 million - a nine-year low - but only about a third of that drop occurred because people found work.

Business

OPEC production cut might drag down growth

International Brent crude futures were trading at $53.95 per barrel at 0751 GMT, down 51 cents, or nearly 1 percent, from their last close. Based on current levels, that level would have to come from production cuts, something OPEC hasn't done in almost a decade.

Business

Longtime Lego CEO to be replaced

Danish toys group LEGO's new CEO Bali Padda, Tuesday Dec. 6. Meanwhile, the Kristiansen family will take on a larger role in brand-related activities, including in the group's stake in Merlin Entertainments, which operates the Legoland theme parks, Reuters reported.

Business

Gold Whipsawed by Italian Vote as Dollar Wins as Haven of Choice

That view has only strengthened since Trump's election last month, despite speculation ahead of the vote that his victory could spark market turmoil, destabilising growth. A gauge of the US currency climbed on Monday as investors assessed the implications of the latest upset. However, risk aversion is not what is driving dollar strength this time.

Business

Canadian jobless rate drops to 6.8 per cent

The release of information comes before the December 13 meeting of the Federal Reserve in which the bank is expected to announce an interest rate increase, its first in a year. Average hourly earnings for all employees on private non-farm payrolls declined by 3 cents (0.1%) to $25.89 last month after an 11-cent (2.8%) increase in October, which was the strongest annual wage growth since June 2009.

Business

OPEC's Big Cut to Oil Output May Not Be So Impressive: Russell

Brent, the benchmark global oil contract, was up 19 cents to $54.13. "It remains to be seen how well they stick to the plan, but if OPEC hadn't come to an agreement the probability is that oil prices would have fallen to $40 a barrel, perhaps even lower", said Simon Flowers, chief analyst at consultancy Wood Mackenzie.


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