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Business

Did you spend the majority of your holiday shopping this past week online or in stores? Sony's PlayStation 4 was the most popular electronics item on Cyber Monday. "We'll be watching this closely next year as Black Friday could be the one to top the records". LEGO blocks, Barbie dolls, and Nerf dart guns were hot sellers in toys yesterday.
  • PV Sindhu goes down fighting in Hong Kong Open final

    PV Sindhu goes down fighting in Hong Kong Open final

    Business

    PV Sindhu put up a great attacking display, but it just was not enough today against a magical Tai Tzu Ying who won the final of the Hong Kong Open 21-15, 21-17. Cheered on by a vociferous home crowd, Angus took a 3-0 lead in the third game and extended it to 5-3 after a sapping 32-shot rally. The gap kept increasing as the game proceeded and Verma couldn't get his hold back on the game.
  • Stokes reprimanded by ICC for 'inappropriate comments' towards Indian fielders

    Stokes reprimanded by ICC for 'inappropriate comments' towards Indian fielders

    Business

    After a thick edge for four, Anderson got his reverse sweep out for a couple and was in full flow by the time Shami pinned Gareth Batty LBW for one and England were all out for 283. All of a sudden, India were 156-5. The wicket brought Pujara and Kohli together, the pair following up their 226-run stand in their country's second Test victory, with another patient, authoritative partnership.
  • Swiss reject plan to speed up exit from nuclear energy

    Swiss reject plan to speed up exit from nuclear energy

    Business

    After the Fukushima nuclear disaster in Japan in 2011, the Swiss federal government made a decision to transition the country toward renewable energy by 2050. "The reduction in electricity output could not be compensated quickly enough by electricity generated from renewable sources", the government said in its policy position.
  • Stores try to cater to savvier customers on Black Friday

    Business

    Lucky for avid shoppers, a number of retailers have already shared what they'll be putting on sale this coming Monday. Crowds were also relatively thin at other stores in the mall, including J.C. Black Friday is on pace to beat past year in terms of items orders. Online sales are expected to be up 7 percent to 10 percent to as much as $117 billion, compared to a 9 percent growth rate a year ago.
  • Oil prices up as Saudis predict OPEC will reach output deal

    Business

    Brent crude settled down US14 cents a barrel at $US46.49, before falling further to $US46.09 by 3.44pm ET (0744 Friday AEDT), down US54 cents, or 1.16 per cent. Non-OPEC exporter Russia is ready to support OPEC's decision on an output freeze and sees a good chance that it can agree terms by November 30, Russian Energy Minister Alexander Novak said on Wednesday.
  • Thanksgiving travel: Airport officials say plan ahead, allow extra time

    Thanksgiving travel: Airport officials say plan ahead, allow extra time

    Business

    DIA expected a record 1.1 million passengers to travel through the airport between November 22 through November 28. The airport is warning travelers to expect heavy traffic on those days and arrive extra early to avoid missing a flight. · For a guaranteed space, reserved parking is available in either garage for an additional fee of $4 per day, by visiting www.DIAReservedParking.com.
  • UK cuts growth forecasts in first budget plan since Brexit vote

    UK cuts growth forecasts in first budget plan since Brexit vote

    Business

    George Osborne delivered his final budget in June this year, in which he unveiled a new "lifetime ISA" to help savers and a tax on sugary drinks. To cope with the higher borrowing, the debt office announced the biggest mid-year increase in government debt issuance since the financial crisis, pushing up yields on British gilts.
  • Energy Transfer Partners L.P. (ETP) Downgraded by Stifel Nicolaus to

    Energy Transfer Partners L.P. (ETP) Downgraded by Stifel Nicolaus to "Hold"

    Business

    However brokerage recommendations suggests an ABR of 1.53 based on calls of 15 experts, where 10 brokers polls the stock a Strong Buy, 2 suggest the stock a Buy, 3 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell. was downgraded to "market perform" by analysts at Raymond James. The difference between the expected and actual EPS was $-0.04/share, which represents an Earnings surprise of -20%.
  • Alarm in Germany and Israel as US White Supremacists Ride Trump Wave

    Alarm in Germany and Israel as US White Supremacists Ride Trump Wave

    Business

    Trump ran a racist campaign, so maybe I shouldn't be surprised that these racist, white nationalists are coming out in troves to publicly support him as president-elect. Trump's remarks come on the heels of a disturbing video of white supremacist Richard Spencer delivering a speech rife with racist and anti-Semitic comments to the National Policy Institute.
  • Sensex rallies 170 pts on short-covering, Asian cues

    Sensex rallies 170 pts on short-covering, Asian cues

    Business

    Sensex extended its downward trend for the fifth session today, falling over 77 points to end at fresh six-month low of 26,150 as foreign investors continued to pull out funds on fears of a rate hike in the US. "The surprise outcome of the United States elections and fears of a probable U.S. rate hike will continue to hamper market sentiments", James said.
  • Check the 2016 Black Friday Hours of Warwick Stores

    Check the 2016 Black Friday Hours of Warwick Stores

    Business

    We saw some of the same deals being offered this year that were offered last year", said Eric Jones, co-owner of BestBlackFriday.com, a website that tracks deals appearing in store advertisements for shopping on the day after Thanksgiving .
  • Pakistan PM to witness military drills at India border

    Pakistan PM to witness military drills at India border

    Business

    Army Chief said that Indian army should admit their losses as more than 45 Indian soldiers have been killed so far. The drills come three days after Indian fire in Kashmir killed seven Pakistani soldier. The Army chief said sacrifices of soldiers would not go in vain. Sharif reiterated that the Kashmir dispute remains "the core issue of contention" between Pakistan and India.
  • Palo Alto Networks revenue growth slows

    Palo Alto Networks revenue growth slows

    Business

    Palo Alto Networks, Inc . Analysts from J.P. Morgan, Oppenheimer, Barclays, RBC Capital, William Blair issued a "Buy" rating on the stock. Many Wall Street Analysts have commented on Palo Alto Networks Inc . The company's last traded volume of 4.27 million shares as compared to it's an average volume of 1.51 million shares. Other equities research analysts also recently issued reports about the stock.
  • Trump calls New York Times 'not nice' and cancels planned meeting

    Trump calls New York Times 'not nice' and cancels planned meeting

    Business

    The moves illustrated Trump's complicated relationship with the news media. A spokeswoman for the Times said the newspaper was not aware the meeting was canceled until Trump's tweet , which came at about 6:30 a.m. Bush often complained about the way the media operate as a filter out of his control. But instead Mr Trump reportedly labelled them "liars" and called journalists the "lowest form of humanity".
  • Blockchain startup R3 cuts fund-raising target to $150 million

    Blockchain startup R3 cuts fund-raising target to $150 million

    Business

    Initially the offered stake was 90%. The news comes hours after it was revealed that Goldman Sachs, one of the original 12 members of the consortium effort, would depart the group. Competition among these startups has intensified over the past few months as they try to secure investments and deals with large institutions to provide the technology.
  • How the Dow Jones industrial average fared on Monday

    Business

    ASIA'S DAY: Japan's Nikkei 225 stock index added 0.3 percent to finish at 18,162.94 after dipping briefly following a powerful quake in northern Japan that set off a small tsunami but caused minor damage and injuries. Oil stocks have tracked prices higher. Iraq will offer plans to help reach an accord, Oil Minister Jabbar Al-Luaibi said. OPEC officials are now meeting in Vienna to discuss terms of a deal.
  • Obama, Trump meet at White House to begin transition of power

    Obama, Trump meet at White House to begin transition of power

    Business

    DONALD TRUMP (R), President-Elect: I have great respect. I have great respect - the meeting lasted for nearly an hour and a half. If one, however, were to compare the looks on Trump's and Obama's faces during said handshake, with the dispositions of presidents and president-elects in years past, there is quite an obvious difference.
  • 20, 50 rupees notes soon in ATMs, says SBI chairperson

    Business

    Banks will release notes of Rs 2000, Rs 500 and Rs 100, while ATMs would dispense Rs 500 and Rs 100 currency notes. The government says it's trying to rush the printing of new 500 and 2,000 rupee bank notes but hasn't been able to keep up with demand.
  • USGS finds 20 billion barrels of oil in Wolfcamp shale in Texas

    Business

    Geological Survey estimated the formation holds 20 billion undiscovered, technically recoverable barrels of oil, three times as much as the Bakken Shale in North Dakota. The new assessment of the Wolfcamp shale is available here . Diamondback Energy Inc. disclosed last week that it has been drilling 10,000-foot sideways wells in the Wolfcamp.
  • PV Sindhu conquers another frontier

    PV Sindhu conquers another frontier

    Business

    She had earlier edged out Korea's Sung ji Hyun yesterday after saving three match points to win the semifinal. A crisp return, two well-disguised drops, and errors from Sindhu pushed Sun to 16-14 and she took the game 21-17. In the second game, Yu tried to make a comeback but Sindhu opened up a 11-7 lead at the halfway mark. Sindhu once again was leading 11-6 after Yu's cross-court smash landed wide.