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Fed's Beige Book concerned about health of U.S. auto industry


Elsewhere, the Fed said that consumer spending increased in most districts and that many contacts were becoming anxious about a prolonged slowdown in the auto industry. The energy and natural resources industries along the Gulf Coast were "generally positive" before the storm shut some production, the report said. The manufacturing and construction industries in particular noted a worker shortage. Lire la suite »

US Service Sector Growth Rebounds In August


The ISM said its non-manufacturing index climbed to 55.3 in August after falling to 53.9 in July, with a reading above 50 indicating growth in the service sector. The two industries reporting contraction in August are Agriculture, Forestry, Fishing & Hunting; and Transportation & Warehousing. Business activity gained 1.6 pints to reach 57.5 per cent, reflecting 97 consecutive months of growth. Lire la suite »

Roku Launches its Own Free Streaming Movie Channel


There are no added fees for the channel, which is supported by ads. The service will give Roku users access to films, including award-winning movie and classics, for free the platform said. "There is tremendous opportunity for our content to be viewed on the Roku platform", Danny Fisher, CEO at FilmRise, said in a statement . The Roku Channel will be available on all Roku players, sticks and TVs in the USA and it will carry a selection of films that will update every month. Lire la suite »

North Korea Fears Drag Asia Stocks Further Down

Among automakers, Toyota and Honda are declining nearly 1 percent each. The US markets will return from the labour Day holiday, with equity futures indicating a slight selloff. The euro was up 0.1 percent at $1.1921. On Wednesday, 10-year Treasury yields were broadly unchanged at 2.073% after hitting 2017 lows the previous day. Lire la suite »

Peel Hunt Reaffirms Reduce Rating for Acacia Mining PLC (ACA)


The mine has commenced a trial to test whether it is cash flow positive in light of the current export ban to change the processing flow sheet to exclusively produce doré and no concentrate. The company is also cutting back on capital expenditure and assessing possible reductions in its exploration projects including expansionary drilling at North Mara and its greenfields exploration programme. Lire la suite »

Trump agrees to Democrat deal on spending and Harvey aid


Dan Holler, a spokesman for Heritage Action for America, a conservative group, said the White House and congressional leaders were putting conservative lawmakers - including those from Texas - "in a pretty hard political situation" by essentially daring them to vote against a measure containing both Harvey aid and an increase to the debt limit. Lire la suite »

Swiss Scientists Have Invented A Fourth Chocolate Type - And It's Pink!


While this tasty trio has been left untouched since white chocolate made its delicious debut 80 years ago, Swiss cocoa company Barry Callebaut has recently released a fourth flavor: ruby , a naturally pink chocolate . "It has a nice balance that speaks a lot to millennials". Eater notes that the new chocolate may take almost a year to make it to the U.S. The company's chief told reporters that it did research on the chocolate market in China, and explained that " ruby ... Lire la suite »

Hurricane Irma: Florida attorney general activates price-gouging hotline


During several media appearances during the day Scott emphasized that Hurricane Irma was bigger and stronger than Hurricane Andrew, which caused massive destruction in South Florida in 1992. Customers there were reporting packages of Nestle water selling for $25 on Amazon , yet prices for those in the Northeast showed a 24-case pack of Nestle water selling for $18.50. Lire la suite »

Les boulangers craignent une "pénurie" de beurre


Le croissant au beurre pourrait-il disparaitre des étals des boulangeries? Le délégué général de la FEB, Mathieu Labbé a expliqué auprès de l'Agence France-Presse que: 'La pénurie n'est pas perceptible dans la grande distribution par le consommateur lambda, mais pour les industriels il n'y a plus de beurre AOP français disponible'. Lire la suite »

Brewer to Become Group President and COO for Starbucks


Earlier this year, Johnson was named Starbucks CEO, after company founder Howard Schultz was named executive chairman . Brewer was already a Starbucks board member, helping her land the job. Under the terms of her departure, Brewer was prohibited from working at a Walmart competing business, which the company described as "any general or specialty retail, grocery, wholesale membership club, or merchandising business", with revenues over $5 billion within two years of her departure. Lire la suite »

United Airlines won't be fined for forcibly removing passenger from seat


A government official confirmed the authenticity of the letter, which said United did not comply with all aspects of the government's rules on overselling seats. "While we still have work to do, we have made meaningful strides" and have reduced the bumping of passengers almost 90 per cent since May 1, compared with the same period a year ago. Lire la suite »

Gap Closing Hundreds of Stores in Shift Toward Old Navy, Athleta


That suggests something of the likelihood of a short squeeze in shares of Global Positioning System. (The) from a b- rating to a c rating in a research report on Thursday, May 18th. The correct version of this story can be read at Lire la suite »

ValuEngine Upgrades Hecla Mining Company (HL) to "Hold"

Based on an average daily trading volume, of 4,477,566 shares, the days-to-cover ratio is now 3.9 days. Hecla Mining Co. (HL) has an Analysts' Mean Recommendation of 2.9. TheStreet cut shares of Hecla Mining from a b- rating to a c rating in a research note on Thursday, August 3rd. A number of other large investors have also recently made changes to their positions in HL. Lire la suite »

Cohn's Rebuke of Trump's Va Response Cost Him Fed Look


This is largely because of Cohn's public rebuke of Trump's initial response to the deadly white-supremacist riots in Charlottesville last month, the report said. In that interview, Cohn said the administration "can and must do better in consistently and unequivocally condemning these groups". Other names Trump has discussed as possible nominees include former governors Lawrence Lindsey and Kevin Warsh , former BB&T Bank Chief Executive John Allison, and Stanford University economist John ... Lire la suite »

Hurricane Irma: Comcast opens WiFi hot spots to non-customers


The company is opening its more than 137,000 Xfinity wifi hotspots throughout the state to anyone who needs them, including non-Xfinity customers, it said in a news release on Wednesday. Even those who do not subscribe to Xfinity internet service can receive the free WiFi . Non-customers will be able to renew their session every two hours through September 15. Lire la suite »

FTSE Weak on North Korean Tensions

Shares in Sports Direct International climbed by three percent, in the run up to the statement from the AGM, where it is expected that there will be confirmation that the efforts to revamp stores has paid off with the company trading ahead of expectations. Lire la suite »

Hemenway Trust Co Trims Stake in Coca-Cola Company (KO)


For the quarter, shares have been noted at 0.92%. Oxbow Advisors LLC now owns 6,005 shares of the company's stock worth $269,000 after purchasing an additional 122 shares in the last quarter. Majority of its total bottle/can volume to retail customers consist of products of The Coca-Cola Company. Currently, the stock has a 1 Year Price Target of $47.44. Lire la suite »

Viacom Inc. (NASDAQ:VIAB) Shares Bought by Sumitomo Mitsui Trust Holdings Inc


Fifth Third Bancorp lifted its holdings in shares of Viacom by 9.4% during the 1st quarter. As per Friday, August 7, the company rating was downgraded by Wells Fargo. The company's quarterly revenue was up 8.3% compared to the same quarter previous year. Zacks Investment Research upgraded shares of Viacom from a "hold" rating to a "buy" rating and set a $38.00 price target on the stock in a research report on Thursday, July 13th. Lire la suite »

Nokia prévoit 597 suppressions d'emplois en France d'ici 2019


Alcatel Lucent International et Nokia Solutions and Networks (NSN ), sur un effectif total de 4.200 personnes dans ces deux sociétés, a déclaré ce mercredi à l'AFP une porte-parole du groupe finlandais. Les équipementiers télécoms ont pâti ces dernières années de la faiblesse de la demande de la part des opérateurs mais Nokia estime que l'acquisition d'Alcatel-Lucent lui a permis de regagner du terrain. Lire la suite »

CORRECTED - Amazon Prime customers get access to Brown Sugar movie service


And the site lives up to its tagline with influential 1970's films like " Foxy Brown ", "The Mack", " Shaft " and "Super Fly" from its Blaxploitation library. She ends the trailer , declaring that Brown Sugar's "just like Netflix, only blacker". "These movies are entertaining and fun, but they were also empowering to the black community as they depicted African Americans as strong leading characters and heroes for the first time". Lire la suite »

Insolite : pour les Américains le camembert vient de Montpellier !


Les américains sont prévenus, les fromages français, c'est sacré! Et c'est au niveau géographique que ça coince. La fourme d'Ambert semble provenir du coeur du sud ouest. On retrouve aussi le Beaufort d'Alpage, fabriqué...en Gironde! Les clichés sur les mauvaises connaissances en géographie des Américains risquent d'être encore tenaces. Lire la suite »

India's Private Sector Contracts For Second Month


A composite PMI was up from July's 46.0 but remained in contraction territory at 49.0 despite a surprise rebound in manufacturing activity last month. In the manufacturing industry, purchase costs grew at the slowest pace in one year. Whereas charges were raised, the rate of inflation was only marginal. Lire la suite »

Berkeley Group warns of Brexit uncertainty and tax changes effect


Despite this the group said that they anticipated that their profits are on track and will "be at least as strong as 2016/17". Sixteen per cent of investors voted against the company's pay at the annual general meeting. Berkeley said it had continued to trade according to expectations over the last four months and was on course to achieve at least £3 billion of pretax profit in the five years to the end of April 2021. Lire la suite »

Countries' competition for AI superiority a cause for WW3 says Elon Musk


But Musk isn't anxious about that, not completely. "Vastly more risk than North Korea". "Competition for AI superiority at national level most likely cause of World War III, in my opinion". His comments were made in response to an article reporting Russian President Vladimir Putin's comments about the importance of AI. "It comes with colossal opportunities, but also threats that are hard to predict". Lire la suite »