Business

Business 'Santa Claus' Glitch Leaves Flights Pilot-less for Holidays
Author: 0 'Santa Claus' Glitch Leaves Flights Pilot-less for Holidays

American, the world's biggest airline, has about 15,000 active pilots and expects to operate more than 200,000 flights in December. The Allied Pilots Association tells CNN it learned about "a failure within the pilot scheduling bidding system" last Friday.

Business Police pull over car carrying very large Christmas tree
Author: 0 Police pull over car carrying very large Christmas tree

The vehicle was stopped about 40 kilometres west of Boston. It looks like a classic scene from "Christmas Vacation", where the Griswold family puts a tree that is comically large on top of their station wagon. "We just gave a warning in light of the holiday spirit", Sudbury Police Chief Scott Nix told TODAY. "It was unsafe to operate [the vehicle]". Nix said that there are dangers for tying a tree to a vehicle like the family did.

Business Officer accidentally shoots partner with stun gun
Author: 0 Officer accidentally shoots partner with stun gun

Footage from Riverside Police shows two officers in a scramble pulling the suspect out of a auto on Thanksgiving Day when the officer pulls out his taser, according to AP. state of OH did not go quite as expected when one of the officers accidentally tasered his partner during a heated altercation with a man who refused to provide his ID.

Business Firms team up on hybrid electric plane technology
Author: 0 Firms team up on hybrid electric plane technology

Paul Stein, the Rolls-Royce chief technology officer, said: "Aviation has been the last frontier in the electrification of transport, and slow to catch up". Frank Anton, the head of eAircraft at Siemens, said: "We have to get more than 10 times the power out of the same weight". Stein suggests the technology could open up new markets.

Business Fed's Beige Book says inflation pressures have strengthened
Author: 0 Fed's Beige Book says inflation pressures have strengthened

The situation is projected to get worse as the USA population ages, and as spending on health programs and social security "grow more rapidly than tax revenues" - which "should be a very significant concern". Yellen largely offered an upbeat assessment of the USA economy, saying the growth rate has picked up the pace in recent months. Hours before, the Commerce Department reported that USA gross domestic product surged up by an upwardly revised 3.3% in the third quarter compared to the ...

Business Royal Bank of Canada Reveals 12% Increase In Q4 Profit
Author: 0 Royal Bank of Canada Reveals 12% Increase In Q4 Profit

Guardian Capital Advisors LP now owns 437,257 shares of the financial services provider's stock valued at $44,057,000 after buying an additional 1,571 shares during the period. The financial services provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.34 by $0.06. Royal Bank Of Canada makes up about 7.3% of Greystone Managed Investments Inc.'s investment portfolio, making the stock its 2nd biggest position.

Business Nasdaq joins the Wall Street gold rush to offer bitcoin futures
Author: 0 Nasdaq joins the Wall Street gold rush to offer bitcoin futures

Speaking about Bitcoin, Shawn Matthews, CEO of Cantor Fitzgerald & Co, the firm's brokerage arm, expressed confidence that retail traders would embrace their new derivative, with an eye on institutional players. In October, Adena Friedman, Nasdaq's CEO, described initial coin offerings as "bleeding edge". A Nasdaq spokesperson said that the exchange's futures would differentiate from CBOE and CME because Nasdaq would base its price off of 50 bitcoin sources from around the world, while CBOE is ...

Business Third Quarter GDP Upwardly Revised from 3.0% to 3.3%
Author: 0 Third Quarter GDP Upwardly Revised from 3.0% to 3.3%

The government says third-quarter growth exceeded the 3 percent expansion it had initially reported. The general picture of economic growth remained the same. So far this year, however, the economy has expanded less than 2.5 percent, in line with growth in prior years. Wednesday's estimate will be revised one more time before the end of the year.

Business Chipotle Looking For New Chief Executive
Author: 0 Chipotle Looking For New Chief Executive

The stock closed Tuesday at $285.86. Ells had to navigate a minefield of problems over the past two years, beginning with a string of foodborne-illness outbreaks. It had also named new board members following pressure from activist investor Bill Ackman . "We remain excited as ever about the future of the company", a Pershing Square spokesman told FOX Business.

Business LSE boardroom row prompts departure of CEO Rolet
Author: 0 LSE boardroom row prompts departure of CEO Rolet

LSE's chief financial officer David Warren will fill in for Mr Rolet until a permanent successor is found. The company called on TCI to withdraw its demand for a shareholder meeting. Mr Rolet was due to leave next year, but one of the firm's biggest shareholders claimed he was forced out. "But it's in the interest of all parties involved that clarity is provided as soon as possible", he said, when asked for his views as he presented the results from the BoE's latest stress tests.

Business ESPN cuts 150 jobs as layoffs continue at sports broadcast giant
Author: 0 ESPN cuts 150 jobs as layoffs continue at sports broadcast giant

Those affected will receive severance pay, a 2017 bonus and the continuation of health benefits, according to the memo. Following the newest round of layoffs, ESPN will reportedly fly its entire staff out to its CT headquarters for a presentation covering the recent updates to the company's social media policy.

Author: 0 Apriem Advisors Sells 4494 Shares of Pfizer Inc. (PFE)

Bankunited Inc now has $3.79B valuation. The stock rose 0.38% or $0.13 reaching $35.62. About 542,112 shares traded. Lear Corporation (NYSE:LEA) has risen 28.33% since November 28, 2016 and is uptrending. Winslow Evans & Crocker has 0% invested in Pfizer Inc . The stock has "Overweight" rating by Morgan Stanley on Friday, October 2. Jefferies maintained the shares of PFE in report on Monday, October 16 with "Hold" rating.

Business Amazon reports another record-breaking holiday shopping weekend for its Alexa devices
Author: 0 Amazon reports another record-breaking holiday shopping weekend for its Alexa devices

Amazon's combining an Echo Show with their Cloud Cam to show the utility of a visual Alexa device. XAutoplay: On | Off It was also the biggest day ever for small businesses and entrepreneurs that sell on Amazon , the company said. ordering hundreds of millions of products from toys to fashion to electronics and Amazon devices", Jeff Wilke, Amazon's head of worldwide consumer, said in a statement.

Business Tiffany Sales and Profit Top Expectations
Author: 0 Tiffany Sales and Profit Top Expectations

In its outlook statement, Tiffany expects fiscal year 2017 adjusted diluted EPS to increase by a high-single-digit percentage of the prior year's diluted EPS of $3.55 and by a mid-single-digit percentage of last year's adjusted EPS of $3.75.

Business Auris Medical (EARS) Issues Earnings Results
Author: 0 Auris Medical (EARS) Issues Earnings Results

The company added 8.77% to attain the price of $0.93 on 11/24/2017. It sustained ROA (TTM) at -76.00%. The Monthly and Yearly performances are -45.87 percent and -65.24 percent respectively. The RSI oscillates between zero and 100. As of writing, Photronics, Inc.'s RSI stands at 70.96. Bellevue Asset Management AG is the second biggest holder with 2 million shares now valued at 1.64 million whilst Zuercher Kantonalbank has 2 million shares valued at 2.32 million.

Business How Have Institutional Investors Been Trading Bank of America Corporation (BAC)?
Author: 0 How Have Institutional Investors Been Trading Bank of America Corporation (BAC)?

It has outperformed by 41.94% the S&P500. Tegean Capital Management Lc reported 6.65% in Bank of America Corp (NYSE: BAC ). They expect $1.27 EPS, up 11.40% or $0.13 from last year's $1.14 per share. 696,562 are held by Hap Trading Limited Liability Co. Huber Capital Management LLC lifted its position in Bank of America by 2.8% during the 2nd quarter.