Markets

Markets Iceland's Solution To The Gender Pay Gap Is Brilliant… And Obvious
Author: 0 Iceland's Solution To The Gender Pay Gap Is Brilliant… And Obvious

The law, which was passed previous year and went into effect on Monday, is believed to be the first of its kind in the world and covers both the private and public sectors. According to Iceland opinion polls, Icelanders generally support quotas. Those organizations that fail to prove pay parity will have to pay heavy fines.

Markets Barclays Raises Domino's Pizza (DPZ) Price Target to $215.00
Author: 0 Barclays Raises Domino's Pizza (DPZ) Price Target to $215.00

The firm now has a "buy" rating on the restaurant operator's stock. The pizza delivery leader's comparable-store sales growth was a market-beating 8.4% in the most recent quarter (and 9.5% in the prior quarter), compared to Pizza Hut's 3% boost and Papa John's 1% uptick.

Markets Ford sued for emissions cheating in diesel trucks
Author: 0 Ford sued for emissions cheating in diesel trucks

The law firm Hagens Berman claims in its suit that "The trucks' touted performance, power and towing capabilities are only obtained by switching off or turning down emissions controls when the software senses the vehicle is not in an emissions-testing environment".

Markets ARGENTINA: Monthly Consumer Price Index Accelerates To 3.1% In December
Author: 0 ARGENTINA: Monthly Consumer Price Index Accelerates To 3.1% In December

The corresponding provisional inflation rate for rural area was 5.27% and urban area 5.09% in December 2017 as against 4.79% and 4.90% in November 2017. Owners' equivalent rent of primary residence climbed 0.3% after gaining 0.2% in November. Last month, gasoline prices fell 2.7% after rebounding 7.3% in November.

Markets Of course Uber allegedly had a tool to remotely destroy evidence
Author: 0 Of course Uber allegedly had a tool to remotely destroy evidence

Now we've got Ripley, which came to light in a report from Bloomberg . Former Uber employees have confirmed the company routinely used a software system called Ripley to lock computers from tax investigators between 2015 and 2016. Salle Yoo , who was Uber's general counsel at the time (and has since left the company), asked her staff to prepare measures to counter these kinds of raids.

Author: 0 Next-Gen Ram Heavy-Duty Truck Production Moves From Mexico to MI

FCA will shift production of trucks from its current plant in Mexico back to a plant near Detroit and will also divvy up bonuses to the company's American workers, in light of the recent tax reform law, The Sun Herald reports . Most recently, the company announced investments totaling $3.5 billion, with the addition of 3,700 new jobs, to strengthen its United States manufacturing base, and align USA capacity to extend the Jeep and Ram product lines.

Markets Ford Tells About 3000 Ranger Drivers to Keep Them Parked
Author: 0 Ford Tells About 3000 Ranger Drivers to Keep Them Parked

The West Virginia Ranger was covered by a previous recall that came after the SC death, but Weigandt said it issued a new recall because of the immediate danger from this lot of inflators. Of those, only 18.5 million, or 43 percent, have been replaced even though Takata recalls began in 2001. The agency said it is monitoring the automakers' progress and working to expand best practices to boost completion rates.

Markets Louisiana tried to woo auto plant with $500M in incentives
Author: 0 Louisiana tried to woo auto plant with $500M in incentives

That figure does not include a local incentive package still being finalized. For Toyota, this joint-venture plant will be its 11th US manufacturing facility and represents its continued commitment in the USA, in addition to the $10 billion dollar investment over the next 5 years that was announced in January 2017.

Markets China's United States surplus jumps as trade with world picks up
Author: 0 China's United States surplus jumps as trade with world picks up

Meanwhile, China in December exported a record high 6.17 million tonnes of refined fuel, beating the previous peak of 5.79 million tonnes set in November. Imports missed analysts' forecast of 13.0 percent growth and were a sharp decrease from the 17.7 percent rise in the previous month. Imports of soybeans hit their second-highest monthly total in December of 9.55 million tonnes, and a record 95.54 million tonnes for the year.

Markets Sam's Club abruptly and permanently closes 53 stores
Author: 0 Sam's Club abruptly and permanently closes 53 stores

When one user asked about picking up a prescription from a closing store, Sam's Club said: "Pharmacies will stay open for at least two weeks, and we will work with each state's Board of Pharmacy to help guide this transition". "We are not closing", the unidentified Sam's Club employee stated. At the Owings Mills location, 169 employees are out of a job. Sander and two city officials who were notified of the decision Thursday confirmed that the store will close January 26.

Markets India all set to launch its 100th satellite
Author: 0 India all set to launch its 100th satellite

Speaking after the success of the PSLV launch, AS Kiran, outgoing Chairman of ISRO said, "During the launch past year, we had problem". The Cartosat-2 has been created to stay in its orbit for five years. "During the last PSLV launch we had problems, today what has happened proves that the problem was properly addressed and rectified. We are happy to give this new year gift to the country".

Markets Ice cream bars sold at Giant Eagle, ALDI could be contaminated
Author: 0 Ice cream bars sold at Giant Eagle, ALDI could be contaminated

The products may be contaminated with Listeria monocytogenes . Fieldbrook Foods Corp. announced a recall , which prompted Giant to remove its store-brand orange cream bars and ice cream bars, according to a news release. Products under the Hood and Kemps labels show "best by" dates of July 1, 2018 to June 30, 2019. There is no evidence of contamination before October 31, 2017, but the company has extended the recall back to January 2017 through an abundance of caution.

Markets MoneyGram to test cryptocurrency Ripple
Author: 0 MoneyGram to test cryptocurrency Ripple

The transfers will be processed on xRapid , Ripple's on-demand liquidity service designed for payment providers and other financial institutions that want to minimize costs while improving their customer experience. For MoneyGram, the tie-up with Ripple may provide a way to maintain its share of the money transfer market. Ripple is at the forefront of blockchain technology and we look forward to piloting xRapid.

Markets Tesco Ireland records highest market share growth in five years
Author: 0 Tesco Ireland records highest market share growth in five years

Like-for-like (LFL) sales in the United Kingdom grew 2.3% in Q3 (13 weeks to 25 November). It is also good news for the retailer after facing controversy over its £3.7 billion acquisition of wholesaler and convenience store operator Booker - which was given the final approval from the Competitions and Market Authority just before Christmas.

Markets Costo gives refund on dead Christmas tree in January
Author: 0 Costo gives refund on dead Christmas tree in January

Costco is known for its generous returns policies - with basically any item able to be refunded at any time except electronics, which have a 90 day limit. However, one woman in California caught a break when she tried to return her tree to a Costco in suburban Los Angeles. He shared the photo on Facebook , writing: "I can't make this stuff up".

Markets Walmart raises minimum wage, gives bonuses after tax cut
Author: 0 Walmart raises minimum wage, gives bonuses after tax cut

The country's largest employer, which has more than 1 million hourly workers, said the changes were motivated in part by anticipated savings from the newly passed tax plan, which offers sweeping tax cuts for corporations. In addition to changing its benefit for mothers, the company will begin offering full-time hourly and salaried associates six weeks of paid parental leave, and associates who adopt a child will receive $5,000 in financial assistance.

Markets NYC sues, divests from oil firms over climate change
Author: 0 NYC sues, divests from oil firms over climate change

The City has already set up a US$20bn resiliency programme to mitigate the worst effects of climate change. "As climate change continues to worsen, it's up to the fossil fuel companies whose greed put us in this position to shoulder the cost of making NY safer and more resilient".

Markets Trump says he doesn't think Winfrey will run
Author: 0 Trump says he doesn't think Winfrey will run

But Mr Trump himself remains confident, dismissively saying: "Yeah, I can beat Oprah ". The president added that he appeared on one of her final shows and said he knows her " very well". DeMille award for achievement and lit up Twitter with a surge of tweets carrying "#Oprahforpresident" and "#Oprah2020". Stedman would never so cavalierly say absolutely she would do it.

Markets Dollar bruised by worries over China's stance on US bonds
Author: 0 Dollar bruised by worries over China's stance on US bonds

On Thursday, investors will get the opportunity to react to a slew of USA economic data including the Producer Price Index, Weekly Unemployment Claims and the Federal Budget Balance. The financial market reaction to the Bloomberg report was swift. The yield on 10-year US Treasury hit a 10-month high of 2.59 per cent in European trade and was up 4 basis points on the day.

Markets Zuma exit not discussed by South African ruling party, official says
Author: 0 Zuma exit not discussed by South African ruling party, official says

While the president has appealed the cost order and the judgment regarding the duties of the president to appoint commissions, he said in a statement on Tuesday he is taking further legal advice on this. He's spent years fighting a bid by opposition parties to have those charges reinstated and fending off allegations that he allowed the members of the Gupta family, who are his friends and are in business with his son, to influence cabinet appointments and the award of state contracts.