Money


CBO: Needed CHIP funding drastically reduced due to individual mandate repeal CBO: Needed CHIP funding drastically reduced due to individual mandate repeal
- January 09, 2018

The news, first reported by the Dallas Morning News , comes less than a month after Texas Health and Human Services Commission officials announced that the federal Centers for Medicare and Medicaid Services was giving the state $135 million to continue the program through February. (more...)
'Touch Chesi Chudu' teaser hints at action galore 'Touch Chesi Chudu' teaser hints at action galore
- January 09, 2018

Mass Maharaja looks super cool in the teaser. The 31-second teaser is packed with high octane stunts performed by Ravi Teja. He pushed the release from competitive Dasara season to Diwali and reaped the benefits. Directed by Kalyan Krishna of Soggade Chinni Nayana fame, Ravi is presently shooting for his next in Hyderabad. A film like Vikram Vedha, Arjun Reddy, Baahubali managed to break the language and culture barriers and went on to become cults and mega blockbusters. (more...)
Authorities: Man escorted off flight after missing airplane toilet Authorities: Man escorted off flight after missing airplane toilet
- January 09, 2018

A short time later, one of the attendants found that he had urinated all over the toilet and the floor of the lavatory, prompting the flight crew to ask the man to disembark from the plane. He said he wanted to file a complaint with Spirit for accusing him of being drunk. Staff said he smelled of alcohol. 58-year-old Dante Bencivenga of Fort Myers, Florida is facing charges of Disorderly Intoxication and Trespassing. (more...)
Pfizer to End Alzheimer's and Parkinson's Research; Cutting 300 Jobs Pfizer to End Alzheimer's and Parkinson's Research; Cutting 300 Jobs
- January 09, 2018

The drugmaker reportedly said funds saved from the move will instead be streamed into "areas where we have strong scientific leadership and that will allow us to provide the greatest impact for patients". Those layoffs are expected to take place over the next several months. "We are thankful for the contributions of our colleagues who have supported our neuroscience portfolio and are committed to supporting them during this transition", the company said in a statement. (more...)
A parody cryptocurrency just broke $2 billion for its market cap A parody cryptocurrency just broke $2 billion for its market cap
- January 09, 2018

Dogecoin, an alternative currency inspired by a popular 2013 meme , is one of dozens of virtual currencies to have exploded in value during the a year ago to 18 months. Markus stepped in to help make Dogecoin an actual currency. "...but I think it says a lot about the state of the cryptocurrency space in general that a currency with a dog on it which hasn't released a software update in over two years has a $1B+ market cap". (more...)
Peugeot to cut 250 more jobs at UK Vauxhall plant Peugeot to cut 250 more jobs at UK Vauxhall plant
- January 09, 2018

Vauxhall , which was bought by Peugeot-owner PSA Group in £1.9 billion deal in 2017, told staff on Monday morning following a meeting with union Unite on January 4. A Unite representative at Ellesmere port cited falling demand for the cars built at the plant as a key problem. Sales of the Astra have declined, and the motor industry's trade body warned last week that on top of dwindling United Kingdom registrations of new cars, manufacturers were holding off from investing in production ... (more...)
James Damore sues Google for firing him over his gender memo James Damore sues Google for firing him over his gender memo
- January 08, 2018

The lawsuit, which was filed in the Santa Clara Superior Court on Monday, alleges that Google "discriminated against employees for their perceived conservative political views", as well as due to their "male gender", and "Caucasian race", and "systematically punished" them. (more...)
Celgene aims to quell growth worries with $7B Impact deal Celgene aims to quell growth worries with $7B Impact deal
- January 08, 2018

Celgene , headquartered in Summit, N.J., will purchase San Diego-based Impact Biomedicines for $1.1 billion, with another $1.25 billion in later contingent payments based on regulatory approvals on other indicators of success. Celgene Corporation and Impact Biomedicines announced the signing of a definitive agreement in which Celgene will acquire Impact Biomedicines , which is developing fedratinib for myelofibrosis and polycythemia vera. (more...)
NJ Transit delays caused by disabled train in Hudson River tunnel NJ Transit delays caused by disabled train in Hudson River tunnel
- January 08, 2018

The latest NJ Transit alerts can be found here . Five of the 98 morning rush hour trains and three of the 86 evening rush hour trains will be rerouted. The train that now originates at 5:32 p.m.at Penn Station and terminates at Far Rockaway at 6:24 p.m., will instead originate at Jamaica at 5:52 p.m. (more...)
Palette Is Toyota's Mobility Concept For Retail And E-Commerce Palette Is Toyota's Mobility Concept For Retail And E-Commerce
- January 08, 2018

The boxy e-Palette concept is self-driving and fully electric. The company plans to debut the e-Palette at the 2020 Olympics. "We are developing mobility solutions to help everyone enjoy their lives, and we are doing our part to create an ever-better society for the next 100 years and beyond", Toyoda said in a statement released Monday. (more...)
The Public Pulse: Scott Frost, UCF are the real national champions The Public Pulse: Scott Frost, UCF are the real national champions
- January 08, 2018

After beating Auburn on New Year's Day, UCF athletic director said the Knights were declaring themselves national champions and intend to hang a championship banner at the school's stadium. The Peach Bowl win leaves UCF as the only undefeated team in the country, and quarterback McKenzie Milton argues that Monday's championship game between Georgia and Alabama should be canceled and the Knights named No. (more...)
Padmini, a matter of pride, won't let 'Padmavat' release: Raje Padmini, a matter of pride, won't let 'Padmavat' release: Raje
- January 08, 2018

Sanjay Leela Bhansali faced a lot of criticisms and harassment from fringe groups who demanded the film to be banned all across India and also took to the streets in protests. Queen Padmini, she said, "is not just a historical character for us, but a pride for all of us and we will not allow anyone to disrespect this pride in any away". (more...)
Light Wintry Mix Today, End of the Week Warm-up Light Wintry Mix Today, End of the Week Warm-up
- January 08, 2018

Early indications of the precipitation starting as snow for many this evening, but we do expect some warmer air - especially above the surface, to move into the area - which should help to promote a changeover for much of central IN from snow to sleet and/or freezing rain. (more...)
Hourly trains today and Friday on Island Line due to RMT strike Hourly trains today and Friday on Island Line due to RMT strike
- January 08, 2018

The industrial action by members of the RMT union relates to the long-running row over staffing, driver-only operation and guards. Thousands of commuters across the United Kingdom are set to endure up to three days of travel mayhem as staff at five train firms began a fresh wave of strikes in separate disputes over "rail safety". (more...)
Flu cases reach record high in St. Louis County Flu cases reach record high in St. Louis County
- January 08, 2018

Every county in the state has seen elevated flu activity, outbreaks and hospitalizations, according to the California Department of Public Health. There are two main types of flu - A and B. And it's one of 36 states where flu activity is considered geographically widespread. In addition, influenza vaccine effectiveness in general has been lower against A (H3N2) viruses than against influenza A (H1N1) or influenza B viruses. (more...)
Jaguar Land Rover reports record annual sales Jaguar Land Rover reports record annual sales
- January 08, 2018

The company said the growth was led by introduction of new models into new and existing segments, increased off take of both petrol and diesel engines and expansion of capacity around the world. China was the company's most important region in 2017 with annual sales of 146,399, up 23% year-on-year. The company expects going to get tough in United Kingdom due to weak consumer confidence and diesel tax. (more...)
Britain's Mothercare slashes FY profit forecast, shares sink Britain's Mothercare slashes FY profit forecast, shares sink
- January 08, 2018

British meat retailer Crawshaw Group said it saw strong core festive trade, with sales in the week leading up to Christmas crossing 1.8 million pounds ($2.4 million). Mothercare said United Kingdom sales fell off a cliff as a result of lower footfall - fewer customers passing through Mothercare's doors - and lower customer spend. (more...)
Thousands in Toronto's east end without power; TTC trains forced to shutdown
- January 08, 2018

The outage, which originated with Hydro One's power supply to Toronto Hydro primarily affected residents in and around Danforth Avenue and in Leslieville. The Toronto Transit Commission tweeted that use of GO Transit may be another travel alternative. Shuttle buses are operating between the two stations while crews work to restore power. (more...)
Oil prices rise, but growing USA output is expected to cap gains Oil prices rise, but growing USA output is expected to cap gains
- January 08, 2018

In the US, according to the data released by Baker Hughes on Friday 5, the number of drilling rigs fell by 5 to 742, for the week that ended on January 5. "Traders may decide that discretion is the better part of valour while markets wait on evidence of what happens to the rig count and production levels over the next couple of months". (more...)
Markets extend weekly win for 2018, Sensex up by 97 points Markets extend weekly win for 2018, Sensex up by 97 points
- January 08, 2018

Indices hit fresh record highs in mid-morning trade and later hovered with modest gains so far. Shares of Hindustan Construction Co rose 5% today after the company said its joint venture with AL FARA'A has received an order worth Rs4.84 bn from Maharashtra Metro Rail Corp. (more...)

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