Money


Gilbert & Cook Inc. Cuts Stake in JPMorgan Chase & Co. (JPM) Gilbert & Cook Inc. Cuts Stake in JPMorgan Chase & Co. (JPM)
- January 12, 2018

About 91,066 shares traded. Lumber Liquidators Holdings, Inc. (NYSE:ORN) has risen 49.48% since January 11, 2017 and is uptrending. It has outperformed by 3.59% the S&P500. Seizert Prtn Ltd Com has 1.84% invested in JPMorgan Chase & Co. (NYSE: JPM ). 403,101 are owned by Associated Banc. Pax World Management Llc who had been investing in Procter & Gamble Co. (more...)
Infosys net profit jumps 38% to Rs. 5129 cr Infosys net profit jumps 38% to Rs. 5129 cr
- January 12, 2018

Profits for the three months ended December 31 rose to Rs 5,129 crore from Rs 3,708 crore for the year-earlier period, Infosys , which counts JP Morgan Chase, Bank of America, Citigroup, Vodafone, BP Plc and Johnson Controls among its clients, said in a press release on Friday. (more...)
Dominic Chappell found guilty in BHS pension case Dominic Chappell found guilty in BHS pension case
- January 12, 2018

The colourful businessman and former racing driver, three-times bankrupt Chappell, pictured left , bought BHS for just £1 from retail tycoon Sir Philip Green in March 2015. The case is not the end of the line for Chappell as the regulator is still seeking a huge amount of money to help plug BHS pension deficit. Chappell told the court Sir Philip had kept details of a huge deficit "hidden" for more than a decade and he had tried to work out a way the deficit could be managed properly. (more...)
GM introduces self-driving vehicle without a steering wheel GM introduces self-driving vehicle without a steering wheel
- January 12, 2018

Waymo announced in November that it was removing test drivers from the front seat. General Motors announced Friday morning, January 12 that it has asked the government for permission to put mass-produced, autonomous cars on the road without a steering wheel or any pedals by next year. (more...)
Delta Air Lines apologises after listing Taiwan, Tibet as countries on website Delta Air Lines apologises after listing Taiwan, Tibet as countries on website
- January 12, 2018

China has ordered an investigation after the Marriott hotel chain reportedly listed Tibet as a "country" in an e-mail questionnaire survey. Marriott said it was "deeply sorry for the questionnaires", adding that management realized that the mistake "would deeply disappoint our Chinese customers". (more...)
China's December imports growth weakest in a year, exports beat forecast China's December imports growth weakest in a year, exports beat forecast
- January 12, 2018

Russian Federation estimated in 2016 that the annual trade flows between the two world powers were at $66.1 billion. Economists had expected China's trade surplus to have narrowed to $37 billion in December from November's $40.21 billion. (more...)
Everything President Trump has tweeted (and what it was about) Everything President Trump has tweeted (and what it was about)
- January 12, 2018

The new plant in Huntsville - already a hub for the region's budding aerospace industry - will produce 300,000 vehicles per year, a combination of the Toyota Corolla compact auto and a new small crossover SUV from Mazda . "Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S". "Starting from 2021, I'm confident that we will run a highly competitive plant, by bringing together the expertise of Toyota and Mazda as well as the excellent Alabama workforce. (more...)
ISRO launches its 100th satellite from Sriharikota ISRO launches its 100th satellite from Sriharikota
- January 12, 2018

The PSLV-C40 mission is scheduled to be launched at 9.28am on Friday at Satish Dhawan Space Centre, Sriharikota . Of the 31 satellites, three are Indian and 28 are from six countries: Canada, Finland, France, South Korea, UK and the US. The last launch of IRNSS-1H - India's first privately built satellite - on August 31 a year ago had failed because of a freak accident. It carries Panchromatic and Multi-spectral cameras operating in Time Delay Integration mode and is capable of delivering ... (more...)
Uber built secret program to evade law enforcement Uber built secret program to evade law enforcement
- January 12, 2018

The Uber HQ team overseeing Ripley could remotely change passwords and otherwise lock up data on company-owned smartphones, laptops, and desktops as well as shut down the devices. Think of it as a panic button and Uber is calling it "Ripley". As it turns out, that wasn't the only program Uber was using to evade law enforcement. (more...)
Houston Company To Search For Lost Malaysian Airliner Houston Company To Search For Lost Malaysian Airliner
- January 12, 2018

Ocean Infinity Chief Executive Oliver Plunkett said the search vessel Seabed Constuctor, which left the South African port of Durban last week, is expected to reach the southern Indian Ocean by January 17 to begin the hunt. Beyond that area, Ocean Infinity will receive $70mn, Liow said. Ocean Infinity will be rewarded if it pinpoints the location of the debris field or discovers the plane's cockpit voice recorder and flight data recorder. (more...)
Bitcoin conference stops accepting bitcoin payments Bitcoin conference stops accepting bitcoin payments
- January 12, 2018

The cryptocurrency conference will be held in downtown Miami at the James L. Knight Center on January 18-19 and last minute tickets will cost you $1,000. Other organisations have also steered away from bitcoin due to fears over fees and price fluctuations in recent months. However, the organization explained, "due to the manual inputting of data in our ticketing platforms when paid in cryptocurrencies, we chose to shut down bitcoin payments for last minute sales due to print deadlines". (more...)
Delta shares rise on Q4 beat Delta shares rise on Q4 beat
- January 12, 2018

The legal version of this piece can be accessed at https://www.thelincolnianonline.com/2018/01/11/capital-asset-advisory-services-llc-purchases-new-holdings-in-delta-air-lines-inc-dal.html. Its up 0.13, from 1.1 in 2017Q2. (NYSE: DAL ). Cipher Limited Partnership reported 32,232 shares. Dimensional Fund Advisors LP boosted its stake in Delta Air Lines by 3.3% in the third quarter. (more...)
IKEA offering discount on baby crib if pregnant women pee on advertisement IKEA offering discount on baby crib if pregnant women pee on advertisement
- January 12, 2018

An IKEA ad campaign in January 2018 takes away the need to gather complex data to determine whether customers are pregnant by simply asking women to dab their own urine on the advertisement itself. A new furniture advertisement doubles as a promotional pregnancy test. "What could be more true to this than the moment of creating life?" In order to scale up the technology as well as make it work in the format of a printed ad , Mercene Labs used its experience developing surfactant ... (more...)
Dropbox has confidentially filed to go public Dropbox has confidentially filed to go public
- January 12, 2018

Dropbox is reportedly bringing in $1 billion per year in revenue, making it likely that its IPO will be even more successful, notes Bloomberg . Based in San Francisco, Dropbox is one of the highest-worth venture-backed companies that is still private. (more...)
Toyota adds 601000 vehicles to Takata air bag recalls Toyota adds 601000 vehicles to Takata air bag recalls
- January 12, 2018

We take this matter very seriously and are advising owners of these specific 2006 Ford Rangers to stop driving their vehicles so dealers can make repairs immediately. In 2017, prosecutors in Detroit charged three former senior Takata executives with falsifying test results to hide the inflator defect. Tesla will be getting in touch to schedule your replacement service, so there's no need to call them. (more...)
IRS sets withholding tables as GOP pledges paycheck increase IRS sets withholding tables as GOP pledges paycheck increase
- January 12, 2018

In addition, the IRS will help educate taxpayers about the new withholding guidelines and the calculator. For example, "the tables aren't created to account for married couples with two incomes, or side jobs with no withholdings", said Kathy Pickering, executive director of The Tax Institute at H&R Block. (more...)
Moline location closed amid nationwide shut down of Sam's Club stores Moline location closed amid nationwide shut down of Sam's Club stores
- January 11, 2018

Outgoing phone messages at other Central Florida stores indicated they were all open, and the Fern Park location was the only Sam's Club on the closure list published by Business Insider . At least two locations in Houston closed without notice to employees, news station KHOU reported . The Roanoke Walmart store will close to the public on January 30, with 72 employee layoffs. (more...)
Inc. NY Reduces Stake in Norwegian Cruise Line Holdings Ltd. (NCLH) Inc. NY Reduces Stake in Norwegian Cruise Line Holdings Ltd. (NCLH)
- January 11, 2018

Investors sentiment increased to 1.82 in Q3 2017. Its the same as in 2017Q2. 240.32 million shares or 2.88% more from 233.59 million shares in 2017Q2 were reported. Additionally, according to the most recent 13F filing from Norwegian Cruise Line Holdings Ltd. (NCLH ), there were 65 new positions totaling 4,391,719 shares of the company's stock. (more...)
Electronics retailer Circuit City announces plans to relaunch web store Electronics retailer Circuit City announces plans to relaunch web store
- January 11, 2018

The business has plans to open kiosks and stores within stores, according to the company's CEO Ronny Schmoel. Shmoel told his audience at CES that Circuit City's revamped website will include virtual vignettes, search by photo, augmented reality and real-time tech support via video chat, among other experiential features, Twice said. (more...)
MoneyGram Partners With Ripple Cryptocurrency MoneyGram Partners With Ripple Cryptocurrency
- January 11, 2018

Shares of MoneyGram International Inc ( MGI .O) jumped 10.5 percent on Thursday, after the money-transfer company said it partnered with blockchain firm and bitcoin-rival Ripple . About MoneyGram MoneyGram is a global provider of innovative money transfer and payment services and is recognized worldwide as a financial connection to friends and family. (more...)

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