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BoE's Broadbent Says More Rate Hikes "Not A Promise"

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Bank governor Mark Carney signalled on Thursday that rates were likely to rise twice more over the next three years. Mr Brittain said: "The UK remains in a precarious economic position with high levels of consumer debt and the Brexit negotiations delaying investment decisions, so we think that low interest rates are helpful in keeping the economy strong". Read More »

Finnair To Begin Weighing Passengers Ahead Of Boarding Flights

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Hawaiian Airlines now no longer allows any passengers to pre-select seats on flights between Pago Pago and Honolulu and weights everyone getting on board. Previously, Finnair has had to rely on 2009 estimates made by the European Aviation Safety Agency , according to YLE News . In addition to weight, the airline will gather information about the customer's age, gender, travel goal, passenger class and checked-in luggage. Read More »

In clash with Trump, US report says humans cause climate change

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Climate change is real. EPA chief Pruitt shocked scientists earlier this year when he argued in a media interview that carbon dioxide was not a primary contributor to global warming. If you're wondering what could have changed since the last report in 2014, the new Assessment highlights a list of areas in which our understanding has improved. Read More »

BMW recalls 1.4M vehicles over fire risk

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The first recall affects about 670,000 3 Series vehicles in North America. About 80,000 vehicles also are being recalled in Canada for the crankcase ventilation valve heater, BMW said. The firm said it is still looking at whether the issues affect other countries. The wiring and electrical connectors for the system that controls air flow for the heating and air conditioning system may overheat. Read More »

Broadcom is reportedly interested in purchasing Qualcomm

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Shares of Qualcomm (Nasdaq: QCOM ) were up about 14% to a $93 billion market cap following the announcement; Broadcom (Nasdaq: AVGO ) was up about 5% to a $110 billion market cap. Qualcomm shares are now up 12.62% to $61.76. Broadcom Chief Executive Officer Hock Tan is a voracious acquirer, and he's played a key role in a wave of consolidation engulfing the $300 billion semiconductor industry over the last three years. Read More »

Investors Catching Stocks General Electric Company (GE)

Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. Simply put, a stock with a PEG ratio of 1 would be considered fairly valued. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory. Analysts are predicting 7.08% for the company next year. Read More »

With T-Mobile Deal All But Dead, Softbank Looks To Charter

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Key to the discussions are Sprint's valuation and how much influence Mr. Son will have over the direction of the combined company. It comes as Sprint has somewhat struggled in an increasingly competitive USA mobile market. It seemed like Sprint and T-Mobile were finally going to join forces earlier this week before it was reported that Sprint's parent company, SoftBank Group , wanted to call it off . Read More »

Sharp Rebound Expected On US Jobs Report

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But at 4.1% the unemployment rate is now at lows unseen since December 2000. Non-farm payrolls data for last month is expected to increase within the range of 300,000 to 340,000, its highest monthly forecast in over seven years and its largest gain since October 2015. Read More »

World Sandwich Day to Stop Hunger

To celebrate , we compiled a few of our favorite sandwiches you can find across Central New York. Warning: you will nearly definitely want some kind of sambo by the time you finish, so be prepared. At Schlotzsky's , located at 1664 S. Jackson St., they will be selling their small original sandwiches for $2.99. Learn more at https://smashpass.smashburger.com . Read More »

Carmakers join forces in Europe to make electrics widespread

Rarely so many vehicle manufacturers get together to jointly develop such a large project that will kick off with an initial batch of 20 fast-charging stations scheduled to be operational by the end of the year. Based in Munich , Germany, the joint venture is led by Chief Executive Officer Michael Hajesch and Chief Operating Officer Marcus Groll, with a growing team, set to number 50 by the start of 2018. Read More »

Amid soaring profits, Facebook vows to curb abuse

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Mark Zuckerberg , Facebook's chief executive, said on Wednesday night that the company's efforts to rein in abuse are likely to hit the company's profitability in the future. Total headcount was 23,165 as of September 30, 2017, an increase of 47%. Indeed, Facebook said a planned surge in investments in video content to help support the Watch tab is one of the main reasons for its forecast for a 45% to 60% year-over-year increase in operating expenses in 2018. Read More »

Starbucks sells Tazo to Unilever on disappointing 4Q revenue

Starbucks will continue to invest in the growth, innovation and development of the Teavana brand of teas in its stores and in channels outside its stores. In all for the quarter, the company reported revenue of $5.7 billion, down 0.2% from a year ago. US same-store sales increased 2 percent, including a 1-percent increase in the number of customers. Read More »

Student arrested after rubbing used tampon on roommate's backpack

Brochu is accused of putting moldy clam dip in Rowe's lotion, spitting in her coconut oil, putting used tampons on her backpack and other things. ". Police have also reportedly arrested her. Brochu's roommate, Jazzy Rowe , shared her story through a Facebook live post that's since gone viral. Read More »

Most states are unlikely to copy California's gas tax hike

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The price of gasoline is driven much more by global supply and demand affecting oil prices than by taxes, said Roger Dickinson, executive director of Transportation California, an advocacy group funded by construction companies and trade unions that lobbied for the tax increases. Read More »

Blue Apron beats sales estimates as revenue per customer rises

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Still, sales rose 3 percent to $210.6 million and topped analysts' expectations of $191.5 million according to Thomson Reuters I/B/E/S, as Blue Apron earned more revenue per customer. So far, the market is treating their IPOs about the same. The company's spending on marketing fell 31 percent to $34.2 million in the third quarter. Read More »

Application volume falls as rates rise to three-month high

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But Rachel Springall, a finance expert at Moneyfacts, warned that, even with a base rate rise, savers may not necessarily see much improvement. For 15-year fixed-rate mortgages the average interest rate increased 4 basis points to 3.52% and the average contract interest rate for 5/1 ARMs increased to 3.33% from 3.29%. Read More »

SC says Kejriwal govt needs LG's consent to govern Delhi

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Lieutenant Governor Anil Baijal, Chief Minister Arvind Kejriwal , in New Delhi (Praveen Khanna/file) Lieutenant Governor Anil Baijal, Chief Minister Arvind Kejriwal , in New Delhi (Praveen Khanna/file) The Supreme Court Thursday reminded the Arvind Kejriwal government that there were limitations to its powers under the Constitution, but added that in matters where the Lieutenant Governor (L-G) had differences with it, he could not sit on files. Read More »

Another blockbuster quarter for Alibaba as revenue surges 61%

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China's biggest e-commerce company is now predicting a 49 to 53 percent rise in revenue in the current fiscal year, after acquiring and folding in results from its logistics arm Cainiao . A lot of that growth stemmed from mobile spending, as mobile monthly active users reached 549 million. Alibaba has been investing in supermarkets, malls and bricks-and-mortar stores as part of a "new retail" strategy that integrates online technology and services with physical retailing. Read More »

Dow Jones Closes Higher as Fed Leaves Rate Unchanged

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The Fed has raised interest rates twice this year, and is now projecting another rate hike by the end of 2017, as part of a tightening cycle that begins in late 2015. On the corporate earnings front investor looked ahead to earnings from a few notable companies including both Tesla (NASDAQ:) and Facebook (NASDAQ:) slated to report after the market closes. Read More »

GBP: Nov BoE: Not The Beginning Of A Tightening Cycle - CIBC

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The Bank of England (BOE) did what it said it would do - it lifted the Bank Rate by 25 basis points to 0.5% following its 2 November monetary policy council meeting (MPC). It looks like the slump in sentiment was largely in reaction to the more dovish tone struck by the accompanying minutes, as they appeared to suggest that today's hike would likely be a one off. Read More »

The GoPro Inc. (GPRO) Receives "Overweight" Rating from JPMorgan Chase & Co

The original version of this piece can be viewed at https://www.dispatchtribunal.com/2017/11/02/wells-fargo-company-mn-grows-stake-in-gopro-inc-gpro.html. The share price was last seen 2.3% higher, reaching at $10.67 on the first day of November. State Street Corp raised its position in shares of GoPro by 6.7% in the second quarter. Read More »

Sweet! Hershey's Introduces Its First New Flavor in Over 20 Years

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The new bar? It's Hershey's Gold , and it arrives in stores on December 1 in partnership with the U.S. Olympic Committee as part of a campaign to hype up America's quest for Olympic gold. In that time, the confectionary company was able to recreate hands-down the most iconic chocolate bar in American history. Hershey Company dollar sales in the U.S. Read More »

DNAinfo, Gothamist shut down by CEO

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But for Ricketts, all it took was an instant and the push of a button to destroy the work of hundreds of journalists covering valuable local news stories in their neighborhoods, possibly forever. Other than Ricketts' letter, all other content was deleted from the sites. The sites delivered hard-hitting, neighborhood-centric news and worked consistently to hold local politicians accountable. Read More »

Austintown Kmart hit by latest Sears Holding Co. closures

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In September, Sears Holding closed its remaining full-service Sears department store in Toledo located on Central Avenue near Secor Road. The Marietta Kmart store was not among the five OH stores included in the list. In the process, as previously announced we will continue to close some unprofitable stores as we transform our business model so that our physical store footprint and our digital capabilities match the needs and preferences of our members. Read More »