Saturday October 21-st, 2017

DraftKings, FanDuel Granted Stay, Can Resume NY Business During Appeal

This new ruling allows the sites to continue operating until additional judges have a chance to review the ban, Bloomberg reports. Schneiderman has said that the sites violate state laws against gambling, calling daily fantasy a game of chance an...

Obama starts Hawaii vacation on the green Obama starts Hawaii vacation on the green

While in Hawaii, the president usually plays golf with friends, works out at the gym at Kaneohe Marine Corps Base and spends time with his family - often including a stop at Island Snow in  Kailua . This year alone, the estimated bill for the First F...

Gilroy family killed in plane crash Gilroy family killed in plane crash

As Ian Gregor of the Federal Aviation Administration told, the private plane disappeared from close to Bakersfield at around 4 p.m. on Saturday. He said the debris field stretched about a quarter of a mile, according to USA Today. It sent out a mayda...

Chipotle: E. Coli may not be to blame for latest health issue Chipotle: E. Coli may not be to blame for latest health issue

Federal health investigators said Friday that the outbreak linked to Chipotle had expanded to nine states, with 47 of the 52 people sickened having reported eating at the chain. The incident prompted the company to close 43 restaurants in both st...

Pharma CEO Martin Shkreli Resigns After Being Charged in Fraud Case Pharma CEO Martin Shkreli Resigns After Being Charged in Fraud Case

U.S. prosecutors said on Thursday that "Shkreli engaged in multiple schemes to ensnare investors through a web of lies and deceit". A seven-count indictment unsealed in Brooklyn federal court Thursday charged Shkreli with conspiracy to commit securit...

Jobless rate rises in OH, despite more employment Jobless rate rises in OH, despite more employment

The retail trade sector alone added 1,100 jobs last month.  "11 states and the District of Columbia had measurably higher rates, and 20 states had rates that were not appreciably different from that of the nation". Ohio's non-agricultural wage and ...

Central Valley's unemployment rate up in November Central Valley's unemployment rate up in November

The state Department of Workforce Development said Friday that Indiana's November jobless rate remained at 4.4 percent. Leisure and hospitality had the largest gains over the year, adding 6,800 jobs. VAN WERT -Unemployment in Ohio edged slightly up...

Over 4.3 Million New Englanders Expected to Travel for Holidays Over 4.3 Million New Englanders Expected to Travel for Holidays

Last year, 49 people died on North Carolina roads during the year-end holiday travel period, which is defined as December 23 through January 3. Most plan to be driving for the holidays, including Christmas and New Year's Day. That's a 1.4 percent i...

Fed to raise rates again in March Fed to raise rates again in March

That is good for the global economy. It also appears that inflation expectations, both of professional forecasters and households, have become de-anchored below the Fed's target. The prospect of a rate hike rippled out to markets, spurring an outflow...

Rumors fly as mystery shrouds buyers of Las Vegas newspaper Rumors fly as mystery shrouds buyers of Las Vegas newspaper

It documents several defamation cases filed by Adelson against publications that probed his business affairs over the years. The CEO and publisher of the Las Vegas Sun says he welcomes billionaire casino mogul Sheldon Adelson and his family to the ...

Oil prices rise following drop in USA crude inventories Oil prices rise following drop in USA crude inventories

Brent crude futures were down 50 cents at $39.23 a barrel at 1334 GMT, bouncing slightly from a session low of $38.90. Neither EconoTimes nor its third party suppliers shall be liable for any errors, omissions or delays in content, or for any actions...

Global oil glut to persist in 2016 - IEA Global oil glut to persist in 2016 - IEA

The agency admits the Saudi-led policy of dumping oil and cutting prices seems to be working, taking a toll on non-OPEC supply. As of 10:13 front month Brent crude futures were 1.25% lower to $39.24 per barrel on the ICE. OPEC failed to agree on an...

Indonesia Upbeat About Fed Rate Hike: Joko Widodo Indonesia Upbeat About Fed Rate Hike: Joko Widodo

At the same time, the bank sent a clear message that a rate cut is on the horizon. Confirmation that the Fed planned only a gradual pace of monetary tightening was welcomed in Asia. MSCI's broadest index of Asia-Pacific shares outside Japan firmed ...

How does the Fed rate hike impact consumers? How does the Fed rate hike impact consumers?

The Federal Reserve is  raising  interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans. The Dow Jones industrial average, which had been up modestly before the announc...

Tesla's competitor just hired Cisco former Chief tech officer as CEO Tesla's competitor just hired Cisco former Chief tech officer as CEO

NextEV was founded past year by William Li, chairman of Chinese car-pricing portal Bitauto Holdings Ltd., and a group of Internet entrepreneurs. NextEV , based in Shanghai, has attracted about a half-billion dollars in investments from the likes...

Season Three of Season Three of "Fargo" Delayed for a Year

While season two of the critically-acclaimed crime mystery series Fargo just finished up this month, don't expect a new season next year. "We didn't really tee up the story of season three within the body of season two". "I liked the idea of sett...

CarMax Shares Slide After Earnings Miss CarMax Shares Slide After Earnings Miss

It has 19.63 P/E ratio. The Company’s CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations, excluding financing provided by CAF.

US Central Bank Raises Its Interest Rates US Central Bank Raises Its Interest Rates

The Fed raised its benchmark federal funds rate , locked near zero since the financial crisis, by a quarter point to 0.25-0.50 percent, saying the world's biggest economy is growing solidly and should accelerate next year to a respectable 2.4 perc...

Ford Bronco: Are You Ready To Go Out And Get It Ford Bronco: Are You Ready To Go Out And Get It

At the moment, the mid-sized pickup trucks are among the most popular and so the 2016 Ford Bronco could fit right in. It was said that the 2016 Ford Ranger was recently spotted getting tested in the USA and some are saying that is proof that Ford is ...

Kohl's Staying Open for 170 Hours Straight Kohl's Staying Open for 170 Hours Straight

Kohl's, which has been struggling despite a self-described "Greatness Agenda" turnaround strategy, has been having a pretty good holiday run this year, at least by some measures.

Major US banks raise prime rates after Fed rate hike Major US banks raise prime rates after Fed rate hike

The dollar traded around one-week highs against a basket of major currencies yesterday, with moves limited in the countdown to an expected hike in USA interest rates later in the day. The Fed's move was approved by a 10-0 vote . And it expressed m...

Keurig Green Mountain Bought Out In $13 Billion Deal; Acquiring Firm Building Keurig Green Mountain Bought Out In $13 Billion Deal; Acquiring Firm Building

Furthermore, the company will remain at its Waterbury, Vt ., headquarters, according to the Wall Street Journal . The deal jolted shares of Keurig Green Mountain Inc . As of yesterday, Reuters reported that the drinks company had a 17.4% stake i...

Yahoo May Sell Core Business, Boot Mayer Yahoo May Sell Core Business, Boot Mayer

Starboard also argued that in her three years at the helm CEO Marissa Mayer has failed to turn around the core business. The news comes as Mayer faces growing pressure over the company's performance. This is due to its market capitalization being v...

Chipotle E. Coli outbreak spreads to 9 states

Out of the 52 people who have been sickened by the infection, at least 47 of them said that they had eaten at Chipotle before falling ill. The CDC  said it is  still trying to identify the specific food linked to the incident, but evidence points t...

Kim Kardashian and Kanye West welcome son Kim Kardashian and Kanye West welcome son

While Kim liked the name Easton, she was not sure it would work with Kanye. "I feel like it will just come to us", said  Kim  K. Easton  Robert  West certainly sounds like a solid name, but there's no doubt non-fans will have something critical to ...

Atlassian surges in trading debut Atlassian surges in trading debut

Fortune reports at $US21 per share, Atlassian raised $US462 million at an initial market capitalisation of almost $US4.38 billion (fully-diluted value would be $US5.53 billion). Atlassian's success thus far is in stark contrast to the otherwise...

Ford Gets In on Tesla's Game Ford Gets In on Tesla's Game

This compact all-electric hatchback will see its range increase to an estimated 100 miles, a 30 percent improvement over the current Focus Electric's 76-mile EPA estimated range. Tesla is due to unveil its first mass-market vehicle, the Model 3 sedan...

Study Finds 'Widespread Discrimination' On Airbnb Study Finds 'Widespread Discrimination' On Airbnb

The rise of the new, online sharing economy may be promoting racial discrimination according to a new survey that found AirBnB hosts are biased against guests with "black" names. Sharing-economy startups like Airbnb and Uber "often grant sellers ...

Star Wars' Harrison Ford totally just OWNED Donald Trump Star Wars' Harrison Ford totally just OWNED Donald Trump

Speaking to  Studio 10's  Angela Bishop, "lifelong Democrat"  Harrison Ford  responded, "Donald, it was a  movie ". When an Australian morning show host relayed Trump's praise, however, Ford wasn't having it. It looks like  Donald Trump  was talkin...

Amazon Video introduces new feature for Prime members Amazon Video introduces new feature for Prime members

The remainder of Amazon's initial subscription offerings are either new and/or low-profile subscription services from online-only services like Defy Media's Screen Junkies Plus , which launched last month, or ancillary online-only services from pa...

Delta Air Lines Bans Hoverboards Delta Air Lines Bans Hoverboards

Delta says some boards use batteries that exceed the wattage for batteries allowed on planes. In the U.S., JetBlue, Hawaiian Airlines and Virgin America are among those that have banned them. These bans come as the Consumer Product Safety Commissio...

Will Alibaba Group Holding Ltd Buy Back Stake From Yahoo?

While Yahoo has not done that great, there are lots of parts of the business which could attract lots of private equity firms. The Sunnyvale, California, company also has a substantial advertising services division. Shares of Yahoo jumped $2.293,...

Most Americans Are No Longer Middle Class Most Americans Are No Longer Middle Class

Thanks to factory closings and other economic factors, the country now has 120.8 million adults living in middle-income households, the study found. That compares with the 121.3 million who are living in either upper- or lower-income households.

China's iron ore buying may fool you China's iron ore buying may fool you

While higher equipment and raw material imports could be a boon for China's trading partners and some Western firms, the policy move raised concerns that China hopes to ease pressure on its embattled heavy industrial sector by sending more excess pro...

Elizabeth Warren only female senator absent from Hillary Clinton event Elizabeth Warren only female senator absent from Hillary Clinton event

Last year, all of the female Democratic senators - including Warren - signed a secret letter to Clinton encouraging her to run for president. Reines continued, "110 is a reasonable goal". Clinton argued this month that Sanders had unjustifiably att...

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