Markets

Markets Government to infuse Rs 88139 crore into 20 PSBs before March
Author: 0 Government to infuse Rs 88139 crore into 20 PSBs before March

Bank of India, would get Rs 9,232 crore and State Bank of India, would get Rs 8,800 crore. Gross NPAs of PSBs are expected to rise to Rs 9.5 lakh crore by March from Rs 8 lakh crore in the same month previous year, according to industry body Assocham and rating agency Crisil.

Markets Secy Mnuchin Backs Weaker Dollar, Touts Economic Growth in Davos
Author: 0 Secy Mnuchin Backs Weaker Dollar, Touts Economic Growth in Davos

Trump's visit has sparked some protests in Switzerland, with demonstrators saying he is not welcome because of his controversial tweets, his "America First" stance, and trade policies which have caused controversy across the world. "Obviously a weaker dollar is good for us as it relates to trade and opportunities", he told reporters in Davos, according to Bloomberg . "It just means that President Trump is looking out for American workers and American interests no different than he expects ...

Markets Starbucks to add sick-leave benefits, pay increase
Author: 0 Starbucks to add sick-leave benefits, pay increase

Disney said Tuesday it would be investing an initial $50 million into a tuition benefit for hourly employees, in addition to making a one-time bonus. Employees will now get paid parental leave for up to six weeks, including if they are not the birth parent.

Markets Burger King Releases Net Neutrality Commercial
Author: 0 Burger King Releases Net Neutrality Commercial

Last October, the fast food chain used burgers and hidden cameras for a weirdly moving anti-bullying PSA , and now they're busting out the Whopper again as an educational tool. "We believe the internet should be like BURGER KING® restaurants, a place that doesn't prioritize and welcomes everyone". Burger King did not respond to The Daily Caller News Foundation's request for comment by time of publication.

Markets Oil climbs above $65 for first time in more than three years
Author: 0 Oil climbs above $65 for first time in more than three years

The price of a barrel of North America's crude oil benchmark topped $65 USA for the first time since 2014 on Wednesday, pushed up by new data showing crude inventories have now declined for 10 weeks in a row. Analysts had expected a smaller 2.486-million-barrel build. Brent crude futures were at $69.56, up 18 cents, or 0.3 per cent, from their last close.

Markets SpaceX has test fired its Falcon Heavy rocket
Author: 0 SpaceX has test fired its Falcon Heavy rocket

Musk tweeted that the test was and good and launch would be "in a week or so". Eastern on the pad at Kennedy Space Center's Launch Complex 39A (LC-39A). Once more, for the second time in a week, SpaceX's most formidable beast to date is breathing. He added that the Air Force will continue to assess data from all space launches.

Markets Fine print in Trump solar tariff holds some good news for Tesla
Author: 0 Fine print in Trump solar tariff holds some good news for Tesla

This Administration was elected to support U.S. workers, and we encourage the U.S. Trade Representative to conclude an agreement to protect our dedicated and innovative U.S. The decision by the Trump administration to slap a 30 percent tariff on imported solar energy panels has some people anxious it will bring cloudy skies for the nation's push toward renewable energy.

Markets Jerome Powell In As Federal Reserve Chair
Author: 0 Jerome Powell In As Federal Reserve Chair

As chairman, Powell is expected to continue the course Yellen charted for low interest rates and other forms of economic stimulus. Powell, known as a collegial consensus-builder, could help serve as a steadying force for the US economy as well as a unifying figure among the central bank's policymakers.

Markets Future of shopping: Amazon opens first checkout free store to public
Author: 0 Future of shopping: Amazon opens first checkout free store to public

Their Amazon account automatically gets charged for what they take out the door. Is the store collecting more than just what shoppers are putting into their shopping bags? In order to shop in the store, according to USA Today , "customers must first download the Amazon Go app and link it to a payment method".

Markets You Will Soon Be Able To See Snapchat Stories On The Web
Author: 0 You Will Soon Be Able To See Snapchat Stories On The Web

Snapchat is facing increased competition from Instagram Stories and WhatsApp Status - both of which are nearly identical to Snapchat Stories - and the company is looking for ways to attract new users. Snap is being careful to clarify that this share option will only work for three varieties of public Stories: its Official Stories , Our Stories , and Search Stories .

Markets California community rallies behind 13 victims in 'house of horrors' case
Author: 0 California community rallies behind 13 victims in 'house of horrors' case

She tells ABC, however, that she thinks the Turpins were "really strict" with their children . They were allegedly only fed once a day and none of them had ever gone to see a dentist. The Turpins have denied all charges. The brothers and sisters - seven adults and six children - are being treated in southern California hospitals.

Markets Tesla sets massive stock awards for Musk based on boosting market value
Author: 0 Tesla sets massive stock awards for Musk based on boosting market value

Each of the 12 stages or milestones vests only if a pair of milestones are both met. Tesla has set a dozen targets for growth in $50 billion increments. Elon Musk is known for his bold predictions on electric and self-driving cars. Tesla wound up reaching all of the market cap milestones and nine of the 10 operational milestones, falling short only of its goal to have four consecutive quarters with 30-percent gross margins.

Markets CIA Director: US Ability to Block Shipments Into North Korea is Inadequate
Author: 0 CIA Director: US Ability to Block Shipments Into North Korea is Inadequate

While Pompeo's remarks elicited laughter from the crowd, they also provided some insight into the CIA's assessment of what is driving Kim's decision making. "That increases the risk to America and that is the very mission set that President Trump has directed the government to figure out a way to make sure never occurs", he added.

Markets New York Metropolis sues Large Pharma over the opioid epidemic
Author: 0 New York Metropolis sues Large Pharma over the opioid epidemic

A sign for Naloxone hangs on a wall as students learn to put together a Naloxone spray gun during a class on opioid overdose prevention held by non-profit Positive Health Project on August 9, 2017 in New York City . "I'm going to be really blunt, the pharmaceutical companies killed my son, and it's about damn time we started holding them accountable", Perotto said.

Markets After the storm: Who got the most snow?
Author: 0 After the storm: Who got the most snow?

The blizzard warnings extend through northeast Nebraska into northwestern Iowa and southern Minnesota. Counties under a blizzard warning could expect 10 or more inches of snowfall. A minor storm system will arrive on Friday with 3 to 6 inches of snow possible for the mountains and a chance for light snow in Denver and across the eastern plains.

Markets Government slashes excise duty on fuel
Author: 0 Government slashes excise duty on fuel

According to a report in Reuters , the ministry has also sought inclusion of petrol, diesel, jet fuel and natural gas in the GST to help companies claim tax credits against the tax paid on the purchase of equipment meant to produce refined fuel.

Markets Competitions authority finds takeover of Sky by Fox not in public interest
Author: 0 Competitions authority finds takeover of Sky by Fox not in public interest

The CMA is now welcoming responses from interested parties to its proposed findings, including views on Fox's announcement in December 2017 to sell certain assets, including its interests in Sky , to The Walt Disney Company. Anne Lambert, chairwoman of the CMA's independent investigation group, said: "Media plurality goes to the heart of our democratic process". "It would lead to the Murdoch Family Trust (MFT), which controls Fox and News Corporation (News Corp), increasing its ...