Saturday December 15-th, 2018

Infosys profit beats expectations on tax benefits Infosys profit beats expectations on tax benefits

That was higher than the 37.10 billion rupees consensus estimate of analysts surveyed by Thomson Reuters . "We are progressing towards stability and are well positioned to serve our clients in the new areas of demand" Salil Parekh , CEO and MD, ...

Fiat Chrysler to invest $1bn in MI production plant Fiat Chrysler to invest $1bn in MI production plant

Production of the next generation of Ram Heavy Duty trucks will move from Saltillo, Mexico, to the plant in 2020. The payment will be made in the second quarter of this year, and will be in addition to any profit-sharing and salaried performance bo...

Marriott website shut for cleanup Marriott website shut for cleanup

On the same day, China's Civil Aviation Administration summoned executives of Delta as the carrier lists Taiwan and Tibet, located in western China, as nations on its website. "I think this is the basic principle for foreign countries to conduct oper...

Hospitals Full, Patients Wait Long Periods in Ambulances — NHS Crisis Hospitals Full, Patients Wait Long Periods in Ambulances — NHS Crisis

Once it was established that she was out of danger, she waited more than five hours to be admitted into hospital to finish her treatment, as there was no room in A&E. "We have a social care system that requires reform and we have staffing depletion...

GM's latest self-driving vehicle has no steering wheel or pedals GM's latest self-driving vehicle has no steering wheel or pedals

Mr Vogt said the self-driving Bolt has redundant systems built in to back up the driving systems. GM's experiment will be a significant step forward for self-driving cars. General Motors announced Friday morning, January 12 that it has asked the go...

China's trade surplus soared China's trade surplus soared

China's 2017 trade surplus with the USA was $275.81 billion, the country's customs data showed Friday, according to Reuters. In response to a U.S. Section 301 investigation into Chinese intellectual property and technology transfer launched late ...

Uber Had A Secret Program To Thwart Police Raids To Their Offices Uber Had A Secret Program To Thwart Police Raids To Their Offices

A Bloomberg report claims that Uber had a system it used to disrupt government investigations. Dubbed Ripley for Sigourney Weaver's character in the Alien movies, the program was regularly activated by the team at Uber's headquarters between...

Toyota & Mazda $1.6 Billion Plant Production Set at Alabama Toyota & Mazda $1.6 Billion Plant Production Set at Alabama

Toyota will use the plant to build its best-selling compact auto, the Corolla, while Mazda will use it to build a new crossover vehicle. The facility is expected to create up to 4,000 jobs and production is expected to begin by 2021. "This project...

Where to watch PSLV C40 Cartostat-2 series lift off online Where to watch PSLV C40 Cartostat-2 series lift off online

After failure of its last mission, this launch remains tricky as the ISRO will be attempting a two-orbit feat for the second time. A 28-hour countdown for the launch had begun on Wednesday. The entire launch of satellites is expected to happen over...

Malaysia signs $50mn deal with USA firm to find MH370 Malaysia signs $50mn deal with USA firm to find MH370

The agreement was signed by the Malaysian government and Ocean Infinity CEO Oliver Plunkett at a ceremony in Kuala Lumpur, reported CNN. The Malaysia Airlines Flight 370 had been flying from Kuala Lumpur to Beijing with a total of 239 people on b...

Tesla Issues Takata-Related Recall For 2012-13 Model S Tesla Issues Takata-Related Recall For 2012-13 Model S

Ford said it learned on December 22 about a second fatal crash in West Virginia that happened on July 1, 2017. The faulty inflators have led to the largest automotive recall in history. NHTSA has said the Takata recalls are unprecedented in size and ...

Barclays Raises Domino's Pizza (DPZ) Price Target to $215.00 Barclays Raises Domino's Pizza (DPZ) Price Target to $215.00

After $1.27 actual EPS reported by Domino's Pizza, Inc. for the previous quarter, Wall Street now forecasts 55.12% EPS growth. It has outperformed by 45.36% the S&P500. Jefferies maintained it with "Hold" rating and $185.0 target in Thursday, Octob...

Meltdown and Spectre bugs are affecting nearly all computers Meltdown and Spectre bugs are affecting nearly all computers

Ars Technica has a good explanation of the problem and overview of the response from different companies. Meltdown and Spectre sound like the evil-doers in a James Bond movie. But the risk of what could happen if a successful exploit does make...

Dropbox has secretly filed for a US IPO Dropbox has secretly filed for a US IPO

The joke surrounding Dropbox for years was that the company was set to go public in the fourth quarter of that year - every year. The IPO will be a key test of Dropbox's worth after it was valued at nearly $ 10 billion in a private fundraising rou...

IKEA offers discount after urinating on their ad IKEA offers discount after urinating on their ad

The clip was aptly titled " Pee on this ad". Adweek adds that this is "definitely the coolest pee-based advertising since Animal Planet put urine-scented ads at the bottom of lampposts to attract dogs". Many tweeted that Ikea was " literally t...

Sam's Club stores close around the country Sam's Club stores close around the country

Anchorage media outlets are reporting the two locations there are closing as well, meaning there would be no Sam's Club stores in Alaska. The closures come the same day that Sam's Club's parent company, Walmart, announces its increasing start...

Electronics retailer Circuit City announces plans to relaunch web store Electronics retailer Circuit City announces plans to relaunch web store

At the Consumer Electronics Show in Las Vegas this week, the retailer - which employed tens of thousands of people in USA and owned a 288,000-square-foot building in Henrico - says it will once again do business online. Will Circuit City usher in A...

MoneyGram shares jump on partnership with bitcoin-rival Ripple MoneyGram shares jump on partnership with bitcoin-rival Ripple

The companies also will evaluate whether MoneyGram will become one of Ripple's payment partners . The Ripple official twitter handle has tweeted the news that there will be more payment companies like Moneygram joining the usage of XRP in ...

Bonuses, Raises Await Wal-Mart Workers Bonuses, Raises Await Wal-Mart Workers

Big news for Walmart (NYSE: WMT ) employees comes out of Bentonville, Arkansas today as the company announces plans to increase the starting wage rate for all hourly associates in the U.S.to $11. In 2016, it said employees who finished an internal tr...

Woman returns dead Christmas tree to Costco, gets full refund Woman returns dead Christmas tree to Costco, gets full refund

One shopper, who was waiting in line behind the woman, was so blown away that he posted about the exchange on his Facebook page . Customers at a Los Angeles, California Costco were astounded when a woman demanded her money back for a dead Chri...

Tesco Reports Record Christmas As Fresh Food Outperforms Tesco Reports Record Christmas As Fresh Food Outperforms

The group said on Thursday clothing and homeware like-for-like sales fell 2.8 percent in the 13 weeks to December 30, its fiscal third quarter. Food revenue rose 3.6 per cent in total terms but edged 0.4 per cent lower on a like-for-like basis.

Listeria concerns prompt recall of dessert bars sold in many supermarkets Listeria concerns prompt recall of dessert bars sold in many supermarkets

For example, Aldi sold them under the Sundae Shoppe label. There have been no reports of illness, according to the announcement. Listeria monocytogenes primarily affects pregnant women, newborns and those with weakened immune systems, according t...

Government Properties Income Trust (NASDAQ:GOV) Rating Increased to Hold at BidaskClub

The business's revenue for the quarter was up 1.0% on a year-over-year basis. equities analysts forecast that Senior Housing Properties Trust will post 1.76 earnings per share for the current fiscal year. (NYSE:MPW). Old Natl Comml Bank In holds 0.03...

Paycheck Politics: Democrats Worry the IRS Will Game the New Tax Tables Paycheck Politics: Democrats Worry the IRS Will Game the New Tax Tables

For the most part, the new tax law affects income earned in 2018, and the returns taxpayers must file this year deal with income earned in 2017, under the old tax rules. Based on what happened following the 1986 tax reform and the 2008 stimulus, the ...

New York City suing major oil companies over global warming New York City suing major oil companies over global warming

The other companies either did not comment or did not immediately respond to a request for comment. "Defendants are also responsible for leading the public relations strategy for the entire fossil fuel industry, downplaying the risks of climate cha...

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