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United Kingdom government plans Bitcoin crackdown amid money laundering concerns


Last night, the Treasury disclosed a plan to regulate Bitcoin , which will effectively force cryptocurrency traders to disclose their identities and report any suspicious activity. "If anything, regulation will only increase bitcoin's rate of growth as regulation lends credibility and engenders trust". Langston explained that HMRC typically relies on three possible treatments; "trading profits subject to income tax, speculative transactions treated as gambling and therefore not subject ... Read More »

Toys R Us bankruptcy results in 26 United Kingdom outlets being shut


Toys R Us has instead enjoyed success in "newer, smaller, more interactive stores in the right shopping locations". Toys R Us UK has been loss-making for seven out of the past eight years, with the most recent accounts filed at Companies House showing an operating loss of £500,000 on sales of £418m in the year to January. Read More »

CBOE to Begin Bitcoin Futures Trading on December 10


CME's bitcoin futures contract launches December 18, available for trading on the CME Globex electronic trading platform, the world's biggest derivatives exchange said on Friday. The first bitcoin futures contracts on a regulated USA exchange are set to launch on Sunday. The first US bitcoin futures will start trading next week, as dueling Chicago futures exchanges seek to cash in on surging investor interest in the digital currency. Read More »

Co-op becomes first retailer to sell produce past 'Best Before' date


Roger Grosvenor, joint chief executive of East of England Co-op, has spearheaded an initiative to sell products past their Best Before date to reduce food waste. The East of England Co-op is independent of the national Co-operative Group. East of England Co-op has also launched a new "reduced to clear" policy which will increase the amount of discounts for products nearing their use-by dates. Read More »

Winklevoss Twins Turn $11M Into $1B Bitcoin Fortune


The digital currency has surged nearly 10,000 per cent since Tyler and Cameron Winklevoss, 36, first bought into it four years ago. The brother saw Bitcoin as a missing piece of the digital economy that would change the way of a transaction which is made now. Read More »

December 4th is National Cookie Day!


Grab one free original chocolate chip cookie at participating locations on Monday only. Cinnabon is teaming up with the Christie Cookie Company for a new treat right in time for National Cookie Day. LOUIS, Mo. _National Cookie Day is a holiday you don't want to miss. Great American Cookies - Free Cookie and. something else? Nestlé Toll House Café by Chip : Get a free regular cookie at participating locations. Read More »

Audi team vows to fight Hong Kong exclusion


Mitch Evans, who finished fourth takes the final podium spot - his first in the sport and also a first for Panasonic Jaguar Racing. Rosenquist was promoted from second to first while Mortara moved up to second after Abt's disqualification. Read More »

Female Muslim student asked to remove hijab at McDonald's in London


The security guard can be seen gesturing with his hand that he wishes the woman to remove her headscarf. He asked the woman to "just take it off" in spite of her defiant pleas against what she called "a hate crime". "I thought 'it's finally happening to me, ' like it has to so many hijabis", she told the Guardian . "I was in so much disbelief", she said. "I've been living in the United Kingdom for 19 years and this is the first time I'm faced with this kind of discrimination", she added. Read More »

Diaspora in shock over death of Lowell Hawthorne


In Hawthorne's last post on Facebook, dated November 28, 2017, the Golden Krust CEO said he was always in search of the next honest means to make a dollar. He takes care of his employees. "Look how far he reached", Hawthorne's friend Wayne Muschamb told NY reporters on Saturday. "I don't know if the pressures of running the business was too much, but I'm shocked". Read More »

U.S. auto sales down; Cruze deliveries fall

Once again, Ford's increase was helped by the sale of 72,769 F-series pickup trucks, up 1% from November 2016. Despite that, Ford posted a 5.2% increase in sales of its Ford brand passenger cars, reflecting a 44.9% jump in sales of the Focus. Read More »

House Republicans' divisions threaten plans to avert government shutdown


Scott Perry of Pennsylvania and Jim Jordan of OH, had said earlier that they wouldn't vote for it. In the spring, he tweeted that he would like a "good" government shutdown and thought it would be useful to him. Durbin called the GOP proposal "a disappointment", noting that the more than 400 pages of proposals included a new definition of an asylum seeker - a legal issue settled by an global treaty. Read More »

Goldman Sachs Cuts Rating of Marathon Petro (NYSE:MPC) To a Hold

It has outperformed by 1.55% the S&P500. Putnam Investments Llc increased Marathon Petroleum Corp (MPC) stake by 1818.55% reported in 2017Q2 SEC filing. Argus Research maintained Lowe's Companies, Inc. (NASDAQ:EBAY) on Wednesday, July 19 with "Buy" rating. RBC Capital Markets maintained it with "Buy" rating and $74.0 target in Wednesday, October 18 report. Read More »

Twenty-First Century Fox (FOXA) Rating Reiterated by BMO Capital Markets


Pivotal Research maintained Twenty-First Century Fox, Inc . (NasdaqGS: FOXA ) now has a value of 9.22%. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales. (NasdaqGS: FOXA ) has a Shareholder Yield of 0.015393 and a Shareholder Yield (Mebane Faber) of 0.00681. The stock had a trading volume of 11,882,123 shares, compared to its average volume of 8,736,012. Read More »

The Coca (KO) Holder Bb&T Corp Has Increased Position by $3.47 Million


It has underperformed by 17.65% the S&P500. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.01. Its up 0.15, from 0.79 in 2017Q1. A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KO. Wendell David Assocs accumulated 2.65% or 313,311 shares. Read More »

A Technical Strategy for Bank of America Corporation (BAC)

Facebook Inc now has $510.17 billion valuation. The volume of BAC witnessed a shift from 121.73 million shares, based on a 50-day average, to 65.82 million shares. Cambridge Trust holds 0.05% of its portfolio in Bank of America Corporation (NYSE: BAC ) for 27,461 shares. During the same quarter a year ago, the business posted $0.41 EPS. Read More »

India's Infosys names outsider Parekh as chief executive - statement


He has almost three decades of global experience in the IT industry and has a strong track record of executing business turnarounds. he also manages everything with very successful acquisitions. The co-founder of the company Nilekani returned as non-executive Chairman with an aim of finding a CEO for the company, reconstituting its Board and stabilising its business. Read More »

Wealthfront Inc. Reduces Holdings in QUALCOMM Incorporated (NASDAQ:QCOM)

Pepsico, Inc. (NYSE:PEP) has a market cap of $166.04 billion and over the last 12 months, PEP has risen by 16.4%. The stock decreased 1.27% or $0.84 during the last trading session, reaching $65.5. The rating was maintained by Oppenheimer with "Hold" on Wednesday, July 19. The stock of Visa Inc. (NYSE:V) on Friday, July 22 with "Buy" rating. The ex-dividend date is Tuesday, November 28th. Read More »

The Union Bankshares Corp Boosts Position in CVS Health Corp (CVS)


Norges Bank bought a new position in CVS Health Corp during the fourth quarter valued at about $800,355,000. United Services Automobile Association increased Cvs Health Corp (CVS) stake by 2.12% reported in 2017Q2 SEC filing. CVS Health Corporation earnings have risen with an annualized rate of 13.6% over the last 5 years. State Board Of Administration Of Florida Retirement Sys reported 24,824 shares. Read More »

OPEC Pegs Nigeria's Oil Output at 1.8 million bpd as Price Stabilizes


Africa's largest oil producer has so far been excluded from OPEC supply cuts, due to falling production amid unrest in the Niger Delta region. After months of speculation and conflicting comments and hints from various oil officials, OPEC and the Russia-led non-OPEC producers part of the deal agreed on Thursday to continue restricting production through the end of 2018, as expected. Read More »

Russian MPs vow to make State Duma off-limits for all USA media


It will need to go through several steps, including being passed by committee, the upper house and the lower house before the resolution becomes official. Russian Federation replied with a bill ordering media outlets operating in Russian Federation but funded from overseas to register as 'foreign agents.' The law applies to any foreign organizations that operate with or without registering as a company if they are engaged in spreading printed, audio, audio-visual, or any other content prepared ... Read More »

American Airlines, Pilots, Continue Holiday-Flight Feud


The plan should calm travelers' fears about their holiday flights. American Airlines released a statement , Friday, that said in part, "If Santa if flying this holiday season, so is American". A problem with the company's employee scheduling system has allowed many pilots to schedule vacation days during the Christmas week and now thousands of flights do not have assigned pilots. Read More »

Small town rallies behind missing woman Sydney Loofe and her family


Wednesday, Trail and Boswell posted a video to the " Finding Sydney Loofe " Facebook page offering to tell "our side". "I didn't have anything to do with this and I hope that Sydney is found very soon, she is a sweet, wonderful girl". Police have said Loofe was last seen in Wilber the night of November 15. He said a rumor that Loofe's cellphone was found buried in a yard near where Trail and Boswell lived is "not true". Read More »