Money

Fiat Chrysler announces $1B investment in USA factories

FCA, the US arm of automaker Fiat-Chrysler, announced on Sunday that it would invest a total $1 billion in plants in MI and OH, which will add 2000 new jobs i...


American Apparel Acquired by Gildan Activewear for $88 Million

American Apparel entered into Chapter 11 bankruptcy for a second time in November past year. Gildan is understood to have beat off competition from Next Leve...


IRS to delay tax refunds for millions of low-income families

The report said the tax code should be simplified so the taxes owed by an individual or business "should depend exclusively on how much is owed under the law - ...


Parents, save up: Cost of raising a child is more than $233K

According to the report , housing, food and child careare the three biggest expenses, respectively. "People tend to buy what they can afford - and with higher...


Nasdaq hits record, S&P and Dow close in as banks gain

However, S&P 500 companies overall are set to post their strongest quarterly growth in three years, with earnings estimated to have risen 5.8 percent in the fou...


China's 2016 consumer inflation undershoots government's 3% target

Prodcuer prices rose the fastest since September 2011. The producer price index gained 5.5% compared with a 3.3% year-over-year increase in November. It was ...


Morrisons shares are popping after its best Christmas in 7 years

The figures buoyed supermarket shares in the United Kingdom, with the "Big Four" advancing in early London trading: Tesco (TSCDY) gained 4% and Sainsbury's (J...


Yahoo! Is DEAD, Will Be Renamed "Altaba"

Yahoo's main business of operating websites and selling display ads remained significant but in a definite decline as users moved to smartphones and companies ...


Valeant to sell Dendreon unit to China's Sanpower for $819.9 million

Therefore, the transaction, which is now subject to regulatory approvals and customary closing conditions, is likely to enhance its balance sheet position. The ...


Majestic Wine enjoys festive bounce as Christmas sales fizz

For the period to 2 January 2017, Majestic Wine posted group sales has increased by 15.3 per cent compared to the same period in the prior year. Naked Wines s...


Housing.com to merge with PropTiger in India

Representatives from News Corp , REA Group and SoftBank will join the board of the new entity. REA group, which is in the online real estate advertising busine...


US Senators Push For 'Comprehensive' Sanctions Over Russian Hacking

On Friday, the US intelligence community released an unclassified report contending that Russian president Vladimir Putin directed Moscow to interfere in the re...


Pay attention to Analyst Guidance: ARIAD Pharmaceuticals, Inc.'s (ARIA)

That compares with the mean forecast $42.92M and -$0.19/share, respectively. "Whether the premium of over 70 percent for the acquisition is justified depends ...


Corbyn to set out Labour's Brexit stance

I can't put a figure on it. "My point is that employers, particularly the construction industry and others as well, recruit overseas in order to bring in the wh...


Wal-Mart plans to cut hundreds of jobs this month

The mean revenue estimate for the ongoing quarter ending Jan 17 is $131.39B by 18 analysts. The High end of the Estimate is $120.16 Billion, while the Low end o...


Victory Motorcycles Is Shutting Down

After 18 years, Victory has struggled to establish the market share needed to succeed and be profitable. Wine says the company will focus on the production ...


Peel Hunt Gives Card Factory Plc Price Target With Potential 60.84% Upside

The firm has "Reduce" rating by Peel Hunt given on Thursday, December 17. Finally, Peel Hunt reiterated a "hold" rating and issued a GBX 2,050 ($24.93) price ta...


No change in tax collection estimates post FM comment:Economists

The figures for Direct Tax collections up to December, 2016 show that net collections are at Rs 5.53 lakh crore which is 12.01% more than the net collections fo...


House price inflation picks up with Luton the 2016 hotspot, Halifax says

Halifax House Price Index increased by 6.5 percentThe bank warned, however, that a combination of factors could have a depressing effect on demand during 2017....


Active Volume Stock: Ford Motor Co. (NYSE:F)

General Motors Company (NYSE:GM)'s rating score is 2.33 based on 14 stock views. Royal Bank Of Canada boosted their price objective on General Motors from $3...


Putin ordered 'influence campaign' to help Trump, US intelligence report says

Mr. Trump, who received a classified intelligence briefing Friday about the extent of Russia's activities, has consistently expressed doubts about the intellige...


Miami's Tannehill ruled out against Steelers; Moore to start

That's how Tannehill is preparing for the Miami Dolphins' playoff game Sunday at Pittsburgh , where he will also likely be a spectator. "The other deal is on t...


Video shows Florida airport shooter open fire, passengers scatter

The shooter obtained the firearm from his luggage, which he had checked. Bryan Santiago also said his brother requested psychological help but received littl...


No petrol for HDFC, Axis banks credit, debit cards

The All India Petroleum Dealers Association (AIPDA) had, on Monday night, announced that all 56,000 plus outlets would not accept payment via plastic money fo...


Obama Is Skeptical That Trump, House GOP Will Repeal Obamacare

In reaction to GOP pledges to repeal the Obamacare law, Obama said he has no problem with the idea - providing the Republicans come up with something better a...


Australian Health Minister stands aside amid expenses probe

The full cost of their trip was $3125 - paid for by taxpayers. She said Ms Ley was being attacked by "people behaving like a pack of dogs", blaming socialists...


Jaitley paints rosy picture of tax mop-up, sees no note-ban effect

Citing detailed numbers they point out that both direct and indirect tax collections has shot up by 12% and 25% during April-December 2016 as compared to the sa...


JLR sets new sales record

Retail sales were up across all other regions: 31% in China, 25% in North America and 17% in the UK. Britain-based auto giants Jaguar Land Rover has reportedl...


House prices up 6.5%: Halifax

House prices in the last three months of 2016 were 2.5% higher than in the previous three months - up from the 0.9% quarterly rate of change seen in November, a...


Dolphins hope to ride Jay-Train to upset

Miami Dolphins @ Pittsburgh Steelers - Sun. After limited participation in practice, linebacker Jelani Jenkins (knee) will be a game-time decision. This is wh...


Despite serious charges, central committee treats VS Achuthanandan with kid gloves

Veteran CPM leader VS Achuthanandan on Sunday expressed satisfaction over the decisions taken at the CPM central committee meeting held here. The case against...


Before title game, Alabama's already beat Clemson in college football's money game

With the time for talking now having come to a close and the day of the game having arrived for the Tigers and the Tide, the focus will shift from the media t...


The best new TVs announced at CES 2017

The latest OLED Bravia lineup consists out of three models, 77-inch, 65-inch and 55-inch ones. This design of the W7 series invites the illusion of gazing out a...


Uber Reveals Its Traffic Data With New Website

All this data Uber has anonymised and aggregrated into similar geographical zones that most transport planners use to evaluate which part of the city needs infr...


Biggest Indian Online Retailer Appoints New CEO in Top Management Shakeup

While Ananth Narayanan to continue as CEO of Myntra-Jabong and Sameer Nigam as CEO of PhonePe. Binny Bansal will take over the reigns as the CEO of the new ...