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Furniture, home furnishings stores post sales increases in February

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Inflation is steadily rising and the Federal Reserve is expected to raise interest rates next week. A pickup in wholesale services prices offset a drop in the cost of food and energy. GDP growth estimates for the January-March quarter are about a 2% annualised rate. For comparison, the USA economy grew by 2.5% in the fourth quarter of a year ago, with the government expected to release its third GDP estimate later this month. Read More »

Grounding of aircraft won't hit services: Jayant Sinha

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The impact of cancellations are expected to be more severe next month when the summer schedule begins. Both the airlines together operate about 1200 flights daily and fly close to 50 percent domestic passengers in the country. While reportedly another 18 flights would remain cancelled between March 22 and March 24. February 9. Monday's DGCA action had taken the total number of grounded aircraft to 14. Read More »

Watching Shares of Rice Midstream Partners LP (RMP) — Technical Focus

Arclight Capital Partners Llc who had been investing in Enable Midstream Partners Lp for a number of months, seems to be less bullish one the $5.90 billion market cap company. Goldman Sachs downgraded the shares of ENBL in report on Friday, September 11 to "Sell" rating. R. F. Lafferty started coverage on shares of Enable Midstream Partners in a research report on Wednesday, December 6th. Read More »

Blow for BJP in by-polls

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Except the Lok Janshakti Party whose one MP asked the BJP to "introspect why are allies upset or are quitting the alliance". The BJP's loss in UP also means that the non-Yadav OBC, non-Jatav Dalit combination that BJP built before 2017 assembly polls stands dented. Read More »

Dollar General Delivers Strong Q4 Comps

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The company's Perf Half Y was reduced 20.04% whereas Perf Year was settled at 28.33% and Perf YTD by 0.46% Let me explain you a little about the term "YTD", which indicates a timeframe, starting the day one of the current calendar year or fiscal year up to the current date. Read More »

Walmart Says Its Grocery Delivery Will Hit 100 New Cities This Year

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Walmart today announced plans to expand its popular Online Grocery Delivery option to more than 40 percent of us households by the end of the year. Walmart is offering its customers a new perk: grocery delivery. Louis and Dallas-Fort Worth. Online sales comprise just a fraction of the $800 billion USA grocery market - a smaller share than in countries like the United Kingdom or South Korea - but consumer acceptance is growing. Read More »

President Trump Says the US Should Someday Have a Military 'Space Force'

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Vice President Mike Pence, right, enters the National Space Defense Center for a briefing while touring Schriever Air Force Base Friday, June 23, 2017, during his visit to Colorado Springs, Colo. Mike Turner, Republican from OH and the main congressional mover behind the Space Corps proposal. He failed to mention the Coast Guard or the Marines. Read More »

Gudauri ski lift accident leaves at least ten injured

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Some riders can be seen throwing themselves from their seats before they reach the bottleneck to avoid being flung off or slammed into the heap of twisted metal. One of the injured, a citizen of Ukraine, has broken a hand during the incident, and has a light injury on the head, while another, a citizen of Sweden, is pregnant and feels pain in the waist'. Read More »

Sensex loses 130 points, Nifty down to 10300

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The 30-share BSE Sensex was down 131.36 points at 33,554.18 and the 50-share NSE Nifty declined 34.90 points to 10,325.30. A total of 10 stocks registered a fresh 52-week high in trade today, while 14 stocks touched a new 52-week low on the NSE . Read More »

Hong Kong Tycoon Li Ka-shing Retires Shy of 90th Birthday

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Also unlike his rivals, including fellow hongs Swire Pacific and Jardine Matheson, he proved adept at something else: selling assets. He himself has regularly emphasized the hard work as well as his own drive to educate himself after becoming an apprentice in a watch strap factory at the age of 13, shortly before his father died. Read More »

Walmart Inc (NYSE:WMT) is Cullinan Associates Inc.'s Largest Position

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Wal Mart Stores Inc now has $262.08 billion valuation. Shares of Walmart (NYSE:WMT) traded up $0.23 during trading on Monday, reaching $88.30. About 1.22M shares traded. Legacy Private has 0.11% invested in Gartner, Inc. Moors & Cabot Inc holds 0.29% or 25,164 shares in its portfolio. Associated Banc has invested 0% in Chesapeake Energy Corporation (NYSE:CHK). Read More »

Motorola Moto G6 and E5 might soon launch in the Asian market

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In the latest news, all the phones have received certification in Thailand and Indonesia except for the Moto E5 and Moto E5 Play that got the certification in Indonesia. Talking of the top-end variant, the Moto E5 Plus will sport a 5.8-inch HD+ display with 1440 x 720 pixel resolution with 18:9 aspect ratio. Unlike the Moto G6 Play , the Moto G6 could come with a dual 12MP+5MP rear camera. Read More »

World Bank bullish on India's growth prospects

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After the shock of demonetisation in late 2016 and the implementation problems involving the Goods and Services Tax (GST) past year, the Indian economy has started to recover assisted by recent reforms, and growth should soon revert to 7.5 per cent. Read More »

Schumer to Toys R Us: Let customers turn gift cards into cash

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It is expected to close its USA stores for good as soon as this week. "It appears the music is about to stop for the iconic retailer and consumers could be left in the lurch when it comes to the loss of a whole lot of money in unspent gift cards", Schumer said in a statement. Read More »

Ford Recalls 1.4 Million Cars Because Their Steering Wheels Could Fall Off

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The vehicles have potentially loose steering wheel bolts that could result in the steering wheel detaching from the steering column, leading to a loss of steering control and increasing the risk of a crash. Ford models affected by this recall are the Ford Fusion and the Lincoln MKZ . Ford assured drivers that the work to fix the problems would be carried out free of charge. Read More »

Saved! Future of 1p and 2p coins rescued amid backlash

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The 1p coin weighs 3.56g and the 2p coin weighs 7.12g. The Treasury said that two thirds of 1p and 2p coins were used in only one transaction before being abandoned to savings jars or thrown away as more people use contactless payment technology. Read More »

Gender pay gap starts early

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A spokeswoman for the bank confirmed the contents of the report. It said it was "confident in its approach to pay" and if it identified pay differences between men and women in similar roles which could not be explained by performance or experience, it made "appropriate adjustments". Read More »

More Pets Are Dying On United Flights Than Any Other US Airline

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Passengers heard barking during the flight, but didn't learn that the dog had died until the flight was over. The cause of the dog's death was not immediately known. But Gremminger said the flight attendant, whose name she did not know, appeared distraught after the flight in NY when she learned that the dog had died. Read More »

SA-based radio giant iHeartMedia files for bankruptcy

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The San Antonio-based company is the largest radio station group owner in the USA, overseeing more than 850 terrestrial radio stations. Two Boston private equity firms, Bain Capital and Thomas H. For a while it looked like Liberty Media would be iHeartMedia's saviours, offering $1.16 billion for a 40% stake. The more than six months long negotiations between the company and its creditors evolved into this pre-packaged Chapter 11 filing . Read More »

Leaked documents reveal Amazon Prime Video numbers

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Amazon calculated that the show lured new Prime members at an average cost of $63 per subscriber. Known as Prime Originals, the shows account for as much as a quarter of what analysts estimate to be total Prime sign-ups from late 2014 to early 2017, the period covered by the documents. Read More »

Barboursville man wins $100K in Powerball drawing

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Pick 4 winners receive $5,000 for a $1 straight bet and the odds of winning are 1-in-10,000. The numbers drawn for Wednesday's Powerball jackpot were 6, 13, 19, 36 and 51, with the Powerball of 18. Prior to the drawing, it was announced the estimated the jackpot decreased slightly from $420 million to $417 million. On top of that, the Mega Millions jackpot is now $345 million after no one matched all numbers on Tuesday night. Read More »

Unilever confirms headquarters move to Rotterdam

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RBC analyst James Edwardes Jones said Unilever's announcement isn't a big deal for investors. PROUDLY overlooking the River Thames, Unilever House looks more royal palace than office building. "I think they chose in favor of a Dutch entity because of Brexit and that it's better to be in Europe", he told AFP. Unilever is scrapping its dual headquarters and basing itself exclusively in Rotterdam. Read More »