Finance

Finance Some Sam's Club stores abruptly close nationwide
Author: 0 Some Sam's Club stores abruptly close nationwide

The decision to shutter the stores comes on the heels of Walmart, Sam's Club's parent company, announcing an across the board pay raise for minimum wage employees. A number of Sam's Club stores around the country are closing, including in Syracuse - putting 151 people out of work. Sam's Club did not respond to a request for more information.

Finance M&S hit by sluggish sales
Author: 0 M&S hit by sluggish sales

However, despite recording the highest rate of market share growth in Ireland for five years, the retailer missed overall group forecasts for trading in the festive period. General Merchandise saw a 0.6% decline during the Christmas period, however clothing sales were up 5%. Online sales at M&S.com lifted 3 per cent, while its ongoing move to pull out of worldwide markets saw overseas sales slump 9.8 per cent.

Finance Circuit City plans a comeback with web relaunch
Author: 0 Circuit City plans a comeback with web relaunch

According to CNBC, the retailer that closed all of its stores in 2009 has picked February 15 as the day it will relaunch its website. But for anybody who dares to dream, Circuit City's showroom design partner, Taylored Group , released a concept render of its store vision which looks like a Radio Shack as if rendered in a Taiwanese hot-take news video .

Finance Ripple (XRP) Price Races Past $2.2 As MoneyGram Partnership Announced
Author: 0 Ripple (XRP) Price Races Past $2.2 As MoneyGram Partnership Announced

USA money transfer giant MoneyGram is teaming up with blockchain firm Ripple to test payments using the latter's cryptocurrency. Ripple's XRP token, formerly known as "Ripple" may has gotten a much needed boost following reports that MoneyGram has begun testing the digital currency in a new partnership with Ripple.

Finance Walmart workers win pay rise after Trump tax cuts
Author: 0 Walmart workers win pay rise after Trump tax cuts

Wal-Mart said the new tax law will create "some financial benefit for the company" and that is it is in the early process of assessing additional investments. "Tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S.", McMillon said in prepared remarks. Walmart employs about 2.2m people globally, with more than 1.5m in the United States, and had total global revenue of almost $500 billion past year.

Finance Ice cream bars sold at Giant Eagle, Aldi recalled
Author: 0 Ice cream bars sold at Giant Eagle, Aldi recalled

This time, the bars being recalled have been sold at nearly four dozen retailers. Fieldbrook Foods says that their orange cream and chocolate coated vanilla ice cream bars that were made in its Dunkirk, New York plant may be contaminated.

Finance Ford adds Power Stroke Diesel Option to F-150 Truck Platform
Author: 0 Ford adds Power Stroke Diesel Option to F-150 Truck Platform

At 250hp, it's 4% more powerful than the Ram (240hp) and has 4% more torque (440 lb-ft for the F-150 vs. 420 lb-ft for the Ram). Earlier this week, Ford announced that the 2018 Ford F-150 will be offered in a diesel engine. Ford starts taking orders for trucks with the new engine mid-January with deliveries beginning this spring. "We know that competing diesels with electric cooling fans have to dial back on power under extreme heat and altitude, so we decided on a viscous-controlled ...

Finance Apple forced to pay extra GBP 136 million tax in UK
Author: 0 Apple forced to pay extra GBP 136 million tax in UK

The tax bill is specifically targeted at Apple Europe, which provides various support, marketing, financial, and administrative services to "other group companies". Apple Europe's Companies House filing shows that as of April 2017 it employed 791 staff, up from 605 in 2015. In a statement, the firm wrote: "We know the important role that tax payments play in society".

Finance IRS Said to Need Additional $1B to Implement New Tax Law
Author: 0 IRS Said to Need Additional $1B to Implement New Tax Law

Though the current fiscal year began October 1, Congress still has not set funding levels for federal agencies and faces a January 19 deadline to reach a deal to prevent a partial government shutdown. For that provision alone, the IRS will have to develop forms and systems to figure out which mortgages are deductible and which are not. The deadline to file all federal income tax returns in April 15.

Finance Uttarakhand businessman enters BJP office after consuming poison, blames GST and demonetisation
Author: 0 Uttarakhand businessman enters BJP office after consuming poison, blames GST and demonetisation

The deceased, Prakash Pandey, had said that he was taking the extreme step as he failed to take up the issue with Prime Minister Narendra Modi and Finance Minister Arun Jaitley, reported Prabhat Khabar. Dehradun: Hundreds of Congress members took to the streets on Wednesday to protest the death of debt-ridden transporter Prakash Pandey. "I've consumed poison", he said.

Finance New York Mayor sues five largest oil companies over global warning
Author: 0 New York Mayor sues five largest oil companies over global warning

Representatives from Exxon, Chevron, BP and Conoco did not respond to requests for comment. De Blasio and the city comptroller, Scott Stringer, have come under pressure for several years from activists to rid New York's pension funds of any link to fossil fuels, with some environmentalists claiming the city has been too slow to use its clout to tackle climate change.

Author: 0 Near term Outlook For Twenty-First Century Fox, Inc. (NASDAQ:FOXA)

About 9.00M shares traded. Twenty-First Century Fox Inc had 96 analyst reports since August 6, 2015 according to SRatingsIntel. (NASDAQ:FOXA) gross margin percentage stands at 36.9% while its operating margin for the past trailing twelve month is 16.4 percent and its overall profit margin (ttm) is 10.3 Percent.

Author: 0 AK Steel (AKS) Upgraded to Buy at Zacks Investment Research

Boston Family Office Lc, Massachusetts-based fund reported 1,105 shares. Davidson & Garrard Inc reported 0.51% of its portfolio in Nucor Corporation (NYSE: NUE ). A year ago the company's sales were $1420000 while its sales growth yearly estimates for the current quarter are 1.5%. After having $0.79 EPS previously, Nucor Corporation's analysts see -30.38 % EPS growth.

Author: 0 Price Target Analysis of General Motors Company (NYSE:GM)

Greenlight Capital Inc who had been investing in General Mtrs Co for a number of months, seems to be less bullish one the $62.57 billion market cap company. Trust Company Of Oklahoma invested in 14,950 shares or 0.3% of the stock. Quinn Opportunity Prtnrs Lc invested in 679,500 shares or 4.32% of the stock.

Finance Renault-Nissan-Mitsubishi launch $1bn venture capital fund
Author: 0 Renault-Nissan-Mitsubishi launch $1bn venture capital fund

The first deal by the fund, called Alliance Ventures, will be a strategic investment in Ionic Materials, a USA -based firm that is developing solid-state cobalt-free battery materials. It prioritizes open innovation in new mobility, including electrification, autonomous systems, connectivity and artificial intelligence. As well as acquiring part of the company, Alliance has agreed a research and development partnership with Ionic - which could help drive innovation in electric cars.

Finance Over 350000 people detained while illegally crossing border into U.S. in 2017
Author: 0 Over 350000 people detained while illegally crossing border into U.S. in 2017

During the regular briefing for reporters at the White House , Newsmax noted in his recent remarks advocating the wall and asking House and Senate members to appropriate funds to build what was a showcase piece of his campaign rhetoric, the president had stopped using the phrase he always used on the campaign trail to close his call for the wall: "And make Mexico pay for it".

Finance Ikea Asks You to Pee on Its New Ad
Author: 0 Ikea Asks You to Pee on Its New Ad

While it sounds a bit gross and unconventional, peeing on this ad will get expecting mommies a discount on a brand new crib. It includes a pregnancy test strip on the bottom for urinating on, not unlike a pregnancy test from a local drug store.

Finance Forecast predicts 2018 of record U.S. oil production
Author: 0 Forecast predicts 2018 of record U.S. oil production

Now the EIA says it should come in at 10.51 million barrels a day by the fourth quarter, up 2.8 percent from the last projection; by the end of 2019, it could reach 11.04 million barrels a day. Demand is expected to climb an additional 340,000 bpd in 2019 to 20.65 million bpd, the agency said. Earlier in the day it reached a high of $69.37 a barrel.

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