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BlackRock earnings: $6.24 per share, vs $6.02 EPS estimate - CNBC

Fri, 01/12/2018 - 6:44am

CNBC

BlackRock earnings: $6.24 per share, vs $6.02 EPS estimate
CNBC
BlackRock, the largest asset manager in the world, reported better-than-expected quarterly earnings and revenue on Friday. Here's how the company's results fared against analyst expectations: EPS: $6.24 adjusted vs. $6.02 expected by Thomson Reuters ...
BlackRock Reports Full Year 2017 Diluted EPS of $30.23, or $22.60 as adjustedBusiness Wire (press release)
BlackRock profit beats as ETFs attract more investmentReuters
BlackRock Beats Estimates, Continues to See Interest in iShares ETFsWall Street Journal
Nasdaq -Financial Times
all 19 news articles »

UK steel makers brace for Donald Trump's imports decision as protectionism ramps up - Telegraph.co.uk

Fri, 01/12/2018 - 6:32am

Telegraph.co.uk

UK steel makers brace for Donald Trump's imports decision as protectionism ramps up
Telegraph.co.uk
Britain's steel industry is bracing to discover if it will be blocked from exporting to the US as President Donald Trump's “America First” policy gains momentum. The US Department of Commerce on Thursday presented Mr Trump with a report on steel ...
US Commerce Department wraps up steel probe, does not detail findingsCNBC
Commerce submits Section 232 steel report, but industry remains wary of further delaysWorld Trade Online
Fiat Chrysler cites tax cuts in announcing investment, bonusesAxios
Financial Times
all 12 news articles »

These Shoes Don't Fit: Gucci Parent Returns Puma to Shareholders - Bloomberg

Fri, 01/12/2018 - 4:43am

Bloomberg

These Shoes Don't Fit: Gucci Parent Returns Puma to Shareholders
Bloomberg
The French company's plan to give up control of Puma SE, focusing solely on luxury and catwalk brands like Stella McCartney and Saint Laurent, sent the German sportswear outfitter plummeting 16 percent in early Frankfurt trading. The fall was its worst ...
Luxury group Kering to spin off Puma to its own shareholdersCNBC
Gucci owner Kering to spin off majority stake in Puma, to focus on luxuryETBrandEquity.com

all 11 news articles »

GM moves to deploy driverless car fleet in 2019 - The Detroit News

Fri, 01/12/2018 - 12:03am

The Detroit News

GM moves to deploy driverless car fleet in 2019
The Detroit News
The first market-ready self-driving car is poised to come from General Motors Co., which submitted its federal safety proposal Thursday to put a robotic vehicle with no steering wheel or gas pedal on public roads in 2019. The petition filed with the ...
GM will make an autonomous car without steering wheel or pedals by 2019The Verge
GM Will Launch Robocars Without Steering Wheels Next YearWIRED
GM just revealed a fully autonomous electric car that doesn't have a steering wheelBusiness Insider
Fortune -TechCrunch -Motor Trend -Jalopnik
all 23 news articles »

ISRO Launches Its 100th Satellite, Says "New Year's Gift": 10 Points - NDTV

Thu, 01/11/2018 - 11:02pm

NDTV

ISRO Launches Its 100th Satellite, Says "New Year's Gift": 10 Points
NDTV
ISRO had brushed off speculations of sabotage after the last satellite launch failure. Scientists said a tiny but vital equipment of the rockethad failed, due to which its protective heat shield could not be separated. All India | Reported by Pallava ...
PSLV-C40 launch LIVE updates: Fourth stage is scheduled for reignition in 28 minutes, microsat separation to followFirstpost
Isro launches 100th satellite: A look at space agency's ten achievementsHindustan Times
Isro's PSLV-C40 places Cartosat-2 Series and other satellites in orbit, mission continuingTimes of India
Economic Times -Spaceflight Now -Zee News -Financial Express
all 110 news articles »Google News

China shuts Marriott's website over Tibet, Taiwan error - BBC News

Thu, 01/11/2018 - 10:43pm

BBC News

China shuts Marriott's website over Tibet, Taiwan error
BBC News
China has shut down the websites of Marriot International for a week, after the firm listed Tibet and others as separate countries. The hotel group has apologised for the error and said it did not support separatist movements in China. Tibet, Taiwan ...
China blocks Marriott for listing Tibet and Taiwan as countriesCNNMoney
Marriott website shut for cleanupThe Nation
What's an easy way to miff China? Ask Marriott.Washington Business Journal
Wall Street Journal -News18 -Reuters -TravelPulse
all 36 news articles »

Circuit City to relaunch as online store in February - UPI.com

Thu, 01/11/2018 - 7:48pm

UPI.com

Circuit City to relaunch as online store in February
UPI.com
Circuit City announced plans to relaunch its brand as a personalized online shopping experience beginning February 15. Photo by Jonesdr77/Wikimedia Commons. Jan. 11 (UPI) -- Electronics retailer Circuit City announced it plans to relaunch its brand ...
Circuit City making comeback years after going bankruptBoston News, Weather, Sports | WHDH 7News
Circuit City sets return dateWSLS 10
Circuit City plans comeback onlineWWBT NBC12 News

all 33 news articles »Google News

Fiat Chrysler to Give US Workers $2000 Bonuses After Tax Bill - Bloomberg

Thu, 01/11/2018 - 6:26pm

Bloomberg

Fiat Chrysler to Give US Workers $2000 Bonuses After Tax Bill
Bloomberg
Fiat Chrysler Automobiles NV will send $2,000 checks to workers in the wake of the U.S. tax bill, joining giants including Wal-Mart Stores Inc. and AT&T Inc. in sharing the spoils of a lower corporate rate with employees. The Italian-American automaker ...
Fiat Chrysler will invest $1B in Warren Truck plant; bring Ram work back from MexicoDetroit Free Press
Fiat Chrysler to Move Some Truck Production to Michigan From MexicoWall Street Journal
Fiat Chrysler to invest more than $1 billion in Michigan plant and give $2000 bonuses in response to tax reformCNBC
Financial Times -WCVB Boston -Axios
all 37 news articles »

Elon Musk Says He Accidentally Attended a Silicon Valley 'Sex Party.' But He Didn't See Any Sex - Fortune

Thu, 01/11/2018 - 6:21pm

Fortune

Elon Musk Says He Accidentally Attended a Silicon Valley 'Sex Party.' But He Didn't See Any Sex
Fortune
SpaceX CEO Elon Musk speaks at the International Astronautical Congress on Sept. 29, 2017 in Adelaide, Australia. —Getty Images. By Abigail Abrams. 6:21 PM EST. Even tech superstars sometimes get confused. It turns out Elon Musk unwittingly attended a ...
'Sex Party' or 'Nerds on a Couch'? A Night in Silicon ValleyWIRED
DFJ has apologized for the reported 'sex party' event at Steve Jurvetson's homeRecode
Elon Musk Says He Didn't Know the Sex Party He Went to Was a Sex PartyThe Cut
Dealbreaker -Vanity Fair -Medium
all 10 news articles »

Fiat Chrysler to invest more than $1 billion in Michigan plant and give $2000 bonuses in response to tax reform - CNBC

Thu, 01/11/2018 - 5:50pm

CNBC

Fiat Chrysler to invest more than $1 billion in Michigan plant and give $2000 bonuses in response to tax reform
CNBC
Fiat Chrysler announced Thursday that it will up its investment in the United States and pay some of its employees special bonuses after the recent tax code overhaul. CEO Sergio Marchionne said in a statement that these announcements reflect the ...
Fiat Chrysler announces employee bonuses on tax cutsFinancial Times
Financial Newsletter - Zacks Investment ResearchZacks Investment Research
Fiat Chrysler Automobiles N.V. (FCAU) Stocks Latest Headlines - Barchart.comBarchart.com

all 120 news articles »

Fed's Dudley Worries Tax Cuts Risk Overheating US Economy - Bloomberg

Thu, 01/11/2018 - 4:30pm

Bloomberg

Fed's Dudley Worries Tax Cuts Risk Overheating US Economy
Bloomberg
The risk of an overheating U.S. economy in the next few years, partly fueled by tax cuts, reinforces the case for continued gradual interest-rate increases, Federal Reserve Bank of New York President William Dudley said. "While the fact that inflation ...
Fed's Dudley warns that tax cuts putting economy on an 'unsustainable path'CNBC
Big banks, retail sales — What you need to know in markets on FridayYahoo Finance
NY Fed President: new tax law to hurt pricey housing marketsNewsday
Financial Times
all 14 news articles »Google News

BP to Pay $102 Million to Settle California Suit, Becerra Says - Bloomberg

Thu, 01/11/2018 - 3:12pm

Bloomberg

BP to Pay $102 Million to Settle California Suit, Becerra Says
Bloomberg
A BP Plc unit will pay $102 million to settle a lawsuit accusing the company of overcharging California for natural gas, the state's attorney general said. The accord spared BP from facing a jury trial that was scheduled to start this week in San ...
BP to pay California $102 million to settle claim it overcharged the state for natural gasLos Angeles Times
Energy company pays $102 million to settle claim it overcharged CaliforniaSacramento Bee

all 8 news articles »Google News

Oil prices rise to hit four-year high of $70 a barrel - BBC News

Thu, 01/11/2018 - 1:18pm

BBC News

Oil prices rise to hit four-year high of $70 a barrel
BBC News
The price of oil has hit $70 a barrel for the first time since December 2014. Brent crude climbed after members of Opec, the cartel of 14 oil-producing nations that accounts for 40% of the world's output, said it would continue to limit supplies. The ...

and more »

Century-Old Bridge Stuck Open Stops Rail Traffic to NYC Penn - Bloomberg

Thu, 01/11/2018 - 1:17pm

Bloomberg

Century-Old Bridge Stuck Open Stops Rail Traffic to NYC Penn
Bloomberg
The 118-year-old bridge that hosts about 450 trains a day between New Jersey and New York jammed open Thursday morning, causing a two-hour suspension of traffic in and out of the country's busiest rail depot. The decrepit span over the Hackensack River ...
NJ Transit service in and out of Penn Station suspended due to stuck bridge in SecaucusNew York Daily News
NJ Transit Suspended to, from Penn StationNBC New York
NJ Transit service resumes with delaysWABC-TV
U.S. News & World Report -WPIX 11 New York -Metro US -New Jersey 101.5 FM Radio
all 33 news articles »Google News

Ford urges 2900 pickup owners to stop driving after new Takata death - Reuters

Thu, 01/11/2018 - 1:11pm

Reuters

Ford urges 2900 pickup owners to stop driving after new Takata death
Reuters
WASHINGTON (Reuters) - Ford Motor Co said on Thursday it had confirmed a second death in an older pickup truck caused by a defective Takata airbag inflator and urged 2,900 owners in North America to stop driving immediately until they can get ...
Why Ford Wants Owners to Immediately Stop Driving Their 2006 Ford RangersFortune
Ford says some Rangers should be parked due to air bag deathFox News
Ford announces 2006 Ranger recallMy Fox Boston
WAAY -BabyCenter (blog) -FOX 4 News
all 20 news articles »Google News

Oil Reaches $70 a Barrel for First Time in Three Years - Bloomberg

Thu, 01/11/2018 - 12:17pm

Bloomberg

Oil Reaches $70 a Barrel for First Time in Three Years
Bloomberg
Bloomberg's Stuart Wallace discusses brent crude oil touching $70 a barrel for the first time since December 2014. Oil topped $70 a barrel in London for the first time in three years as production cuts by OPEC and rising demand whittle away a global ...
Brent crude rockets to 3-year high, breaking above $70 for first time since December 2014CNBC
Oil prices rise to hit four-year high of $70 a barrelBBC News
Brent tops $70 a barrel for first time in three yearsChron.com
Platts -Financial Times -OilPrice.com -Sky News
all 184 news articles »

Tesla's Model 3: Slowest. Rollout. Ever. - Bloomberg

Thu, 01/11/2018 - 12:15pm

Bloomberg

Tesla's Model 3: Slowest. Rollout. Ever.
Bloomberg
The long-awaited ramp-up for the company's lower-priced EV just got pushed back another three months. Some investors wonder if Musk will have to raise more cash. By. Dana Hull. @danahull More stories by Dana Hull. January 11, 2018, 9:00 AM PST. From ...
Tesla Model 3: what parts breakdown says about high-volume electric carGreen Car Reports
Tesla: Not Your Ordinary Car Company, The 'Tesla Economy' Is Already HereSeeking Alpha
Nikola Tesla: the man whose name lives on in the Tesla carThe Australian Financial Review
Business Insider -The Epoch Times -Jalopnik -Novinite.com
all 51 news articles »

Sam's Club closing stores in Syracuse, Rochester, more locations - Syracuse.com

Thu, 01/11/2018 - 12:11pm

Syracuse.com

Sam's Club closing stores in Syracuse, Rochester, more locations
Syracuse.com
Walmart, which owns Sam's Club, has not announced a list of which stores will shutter, but multiple locations abruptly closed Thursday. A manager at a store in Henrietta, just outside Rochester, told WHAM-TV they were having "associate meetings." The ...
Sam's Club Memphis, other locations closed for goodWHIO
Sam's Club stores in Oakley and Loveland permanently close without noticeWCPO
Sam's Club abruptly closes some stores in Houston and nationwide, reports sayChron.com
KHOU -Chicago Daily Herald -Hartford Courant -Rochester Democrat and Chronicle
all 61 news articles »

Dropbox Files Confidentially for US IPO - Bloomberg

Thu, 01/11/2018 - 12:00pm

Telegraph.co.uk

Dropbox Files Confidentially for US IPO
Bloomberg
Dropbox Inc., the file-sharing private company valued at $10 billion, has filed confidentially for a U.S. initial public offering, people familiar with the matter said. Goldman Sachs Group Inc. and JPMorgan Chase & Co. will lead the potential listing ...
Dropbox is finally, finally going publicRecode
$10 billion Dropbox has filed the paperwork for an IPOBusiness Insider
Dropbox files confidentially for IPOTechCrunch
CNBC -Telegraph.co.uk -9to5Mac
all 9 news articles »

Ripple Links With MoneyGram For XRP Trial - PYMNTS.com

Thu, 01/11/2018 - 10:15am

PYMNTS.com

Ripple Links With MoneyGram For XRP Trial
PYMNTS.com
Blockchain player Ripple is linking with MoneyGram to pilot XRP, the digital currency, for use in the latter's payment flows. In a Thursday announcement, the two companies said that MoneyGram would pilot the use of XRP though xRapid. Under the terms of ...
Ripple announces XRP trial with cross-border remittance firm MoneyGramTechCrunch
Ripple and MoneyGram Test XRP Currency TransfersFortune
MoneyGram shares jump 12% on cryptocurrency moveFinancial Times
Seeking Alpha
all 23 news articles »

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