Business

About 61,798 shares traded or 140.55% up from the average. Washington Real Estate Investment (WRE) market momentum is building as the Awesome Oscillator (AO) is showing a down-trend in the name over the past 5 bars. It turned negative, as 12 investors sold WRE shares while 57 reduced holdings. 26 funds opened positions while 66 raised stakes. American International Gp Inc owns 51,796 shares or 0.01% of their USA portfolio.
  • Walmart raises starting wages, handing out $1000 bonuses

    Walmart raises starting wages, handing out $1000 bonuses

    Business

    Wal-Mart's hike follows Target's October decision to increase its minimum hourly wage to $11, which it will further boost to $15 by the end of 2020. Retail was among the industries that proponents of the tax overhaul said were likely to benefit. The amount of the bonus will be based on length of service.
  • Ikea ad reveals coupon when pregnant women pee on it

    Ikea ad reveals coupon when pregnant women pee on it

    Business

    Ad week writes that it may be "a bit gross.but there's a fun twist". More complex is the technology to make it happen. The Swedish furniture retailer is running a crib ad, asking women to urinate on the page in order to learn whether they qualify for a discount.
  • Sam's Club to close

    Sam's Club to close "a series" of locations across the country

    Business

    Business Insider reported Thursday morning that Walmart told the news outlet that it would close 63 Sam's Club locations in America, with some shuttered Thursday and others scheduled to shut down at a later date. Calls to the Sacramento, Folsom, Roseville, Yuba City and Vacaville Sam's Club stores confirm that these locations remain open. The wholesale store's 110 employees were first told about the closure on Thursday, and a notice was sent to the Indiana Department of Workforce ...
  • Recent Deal With MoneyGram Could Be What Ripple (XRP) Needed To Recover

    Recent Deal With MoneyGram Could Be What Ripple (XRP) Needed To Recover

    Business

    In a statement, Ripple CEO Brad Garlinghouse described the MoneyGram tie-up as a strategic one, and said it would demonstrate XRP's ability to lower costs for money transfers between friends and families. Could that be the gas that will fuel Ripple back into the leading shoes? Following the announcement of this news, Ripple has once again begun to grow it's price.
  • Tesco Ireland sees sales rise over Christmas

    Tesco Ireland sees sales rise over Christmas

    Business

    The fall in the second quarter was 0.1%. Worldwide revenue stood out as the worst performer, reporting GBP309 million, a 9.8% drop on a year-on-year basis, as a result of the planned closure of owned stores in loss making markets. It highlighted just how dependent fashion retailers can be on the weather, with milder autumns and winters tending to dampen demand for higher-price items such as warm coats and knitwear.
  • Circuit City plots comeback with website relaunch, smaller stores

    Circuit City plots comeback with website relaunch, smaller stores

    Business

    Circuit City is an iconic brand in the Consumer Electronic industry, established 1949 and relaunched under new ownership in 2016. This will be Circuit City's second attempt at a comeback. This time around, Shmoel says the company is also planning to open retail kiosks and stores-within-stores. Shmoel said products will include audio-visual items, computers, gaming, imaging small appliances and smart home products, according to the Twice.com report.
  • Woman returns 'dead' Christmas tree to Costco in January for full refund

    Woman returns 'dead' Christmas tree to Costco in January for full refund

    Business

    A woman successfully returned her Christmas tree to Costco on January 4 because it had died, according to a Facebook post that has since been removed. But I don't think it fazed her because she has no conscience. The man wrote that the woman didn't seem to mind that he took her picture. "People like this are miserable".
  • IRS Said to Need Additional $1B to Implement New Tax Law

    IRS Said to Need Additional $1B to Implement New Tax Law

    Business

    According to the plea agreement, John's motive was to build and maintain a reputation for getting large refunds to increase his client base, which would generate more fees. The Internal Revenue Service announced today that the nation's tax season will begin Monday, Jan. 29, 2018 and reminded taxpayers claiming certain credits that refunds won't be available before late February.
  • Kodak Cryptocurrency and Blockchain Ledger Will Help Photographers Protect Their Copyright

    Kodak Cryptocurrency and Blockchain Ledger Will Help Photographers Protect Their Copyright

    Business

    The Rochester-based company announced Tuesday that it's launching its own digital licensing and cryptocurrency similar to Bitcoin. Kodak, founded in 1880 and well known for its legacy in film-based photography, says it's partnering with WENN Digital on the KODAKOne platform to create an encrypted, digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform.
  • New York Mayor sues five largest oil companies over global warning

    New York Mayor sues five largest oil companies over global warning

    Business

    The city alleges the fossil fuel industry was aware for decades that burning fuel was impacting climate change. "We are going to lead the fight against climate change as if our lives depended on it - because they do", de Blasio said . New York's lawsuit follows similar suits filed by seven cities and counties in California. Stringer admitted the divestment will be "complex" and will take some time but said the city's pension funds could promote sustainability while also protecting the ...
  • Sainsbury's raises profit forecast after enjoying record Christmas

    Sainsbury's raises profit forecast after enjoying record Christmas

    Business

    Of these, 18 replaced an existing Argos store. During the quarter to 6 January, Argos Fast Track collection grew by 39 per cent and delivery by 25 per cent. Separate industry data from Kantar Worldpanel showed shoppers spent £1bn more on grocery shopping in the last three months of 2017 compared to the year before - with Tesco seeing the best growth among the major supermarkets.
  • Chinese report hits dollar hard

    Chinese report hits dollar hard

    Business

    The report suggests that China feels USA debt is becoming less attractive when compared to other types of investments. They also noted that trade tensions may provide a reason to reduce purchases. The U.S. 10-year note yielded 2.546 percent, the highest since March 15, while the 3-year note yield, which is sensitive to traders' views on Fed policy, was 2.074 percent, its highest since the instrument was reissued in 2007.
  • Berkshire Hathaway announce two new posts as part of succession plans

    Berkshire Hathaway announce two new posts as part of succession plans

    Business

    Mr Buffett has led Berkshire Hathaway for more than four decades, turning it into a complex conglomerate with holdings in freight rail, major insurance companies, real estate, newspapers and utilities. He joined the company in 1992. His Iowa-based unit now runs several power companies in the United States, Canada and Britain, as well as natural gas pipelines and solar and wind farms.
  • Toyota and Mazda announce Limestone County plant

    Toyota and Mazda announce Limestone County plant

    Business

    Alabama Gov. Kay Ivey and company executives made the announcement in a Wednesday news conference. Ivey said, "This is indeed a great day in Alabama". With more than 150 Tier 1 and 2 automotive suppliers in the state as well as automakers, there are approximately 57,000 automotive manufacturing jobs in Alabama.
  • Samsung Q4 operating profit grows more than 63%

    Samsung Q4 operating profit grows more than 63%

    Business

    The company estimated operating profits of 15.1 trillion won ($14.1 billion) in the October to December period, an all-time high for quarterly profits and almost double the 9.2 trillion won posted a year earlier. Its operating profit for the entire year would exceed $50 trillion won (around $46 billion), which would be a first for the tech giant. Samsung will unveil its quarterly and full-year results at the end of January.
  • Amazon Founder, WashPo Owner Jeff Bezos the Richest Man in History

    Amazon Founder, WashPo Owner Jeff Bezos the Richest Man in History

    Business

    Forbes , another media conglomerate who tracks the net worths of the world's richest, estimated that Bezos's fortune is at $104.4 billion, which is almost parallel with Bloomberg's projections. Forbes reports that with inflation, that would be worth around a whopping $150 billion. Amazon's share price, and therefore Bezos' net worth, has jumped significantly since September.
  • Jamie Dimon regrets calling bitcoin a 'fraud'

    Jamie Dimon regrets calling bitcoin a 'fraud'

    Business

    The blockchain [technology which underpins cryptocurrencies such as bitcoin] is real. "You're going to see companies doing things in the short run like increasing wages and a bunch of stuff like that, or one-time bonuses", Dimon told FOX Business' Maria Bartiromo on "Mornings with Maria".
  • Bad Karma: GoPro slashes jobs, will exit its drone business

    Bad Karma: GoPro slashes jobs, will exit its drone business

    Business

    GoPro will discontinue production and sales of its Karma drone , which it claims reached the number two market position in its price band in 2017. The job cuts and business restructuring will result in an estimated charge of $23 million to $33 million, most of which will be recognized in the first quarter, the company said.
  • Girl Scout event teaches money management and leadership skills

    Girl Scout event teaches money management and leadership skills

    Business

    Cookies will be delivered from February 23 to March 1. All of the money raised stays within the council area. "We're trying to get our bronze awards and our goal is 2,500 boxes", said Black Diamond Girl Scout Mackenzie. The Girl Scout S'mores flavor which debuted in 2017 is also back for another year. Around 7,500 Girl Scouts participate in the cookie program in East Tennessee.
  • Uber's Co-Founder Could Soon Become An Actual Billionaire

    Uber's Co-Founder Could Soon Become An Actual Billionaire

    Business

    The transaction marks a victory for new CEO Dara Khosrowshahi, who helped broker the deal and who will benefit from a deep-pocketed investor like SoftBank. Kalanick is known for his aggressive management tactics. In September , faced with a proposal to dilute his voting power, Kalanick appointed two additional members to the board in an attempt to consolidate his control.
  • Stocks for Your Case: Intel Corporation (INTC), HSBC Holdings plc

    Business

    Montecito National Bank & Trust & Tru invested in 41,911 shares or 0.55% of the stock. United Bank now owns 43,841 shares of the chip maker's stock valued at $1,479,000 after buying an additional 22,765 shares in the last quarter. will post 3.25 EPS for the current year. INTC's profit will be $4.03B for 13.06 P/E if the $0.86 EPS becomes a reality. The chip maker reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.21.
  • $1.3 Million Bottle of Vodka, World's Most Expensive, Stolen

    $1.3 Million Bottle of Vodka, World's Most Expensive, Stolen

    Business

    Made from three kilograms (6.6 pounds) of white and yellow gold, three kilograms of silver and crowned with a diamond-encrusted replica of the Russian Imperial Eagle on its cap, it is believed to be worth $1.3 million (€1.07 million). Hvass said Wednesday police were notified of the theft on Tuesday. The bottle was found at a construction site, and although it was dented and empty, its owners are thrilled to have it back.
  • Tanker, freighter collide, leaving 22 missing near China

    Business

    It was not clear, however, whether the tanker was still spilling oil. A tanker has collided with a bulk carrier in the East China Sea, leaving 32, the entire tanker crew, missing. The tanker was carrying 136,000 tons (nearly one million barrels) of condensate and headed for South Korea. The Chinese vessel, carrying grain from the United States, suffered minor damage "without jeopardising the safety of the ship".
  • BJP Govt misleading people on Triple Talaq Bill

    BJP Govt misleading people on Triple Talaq Bill

    Business

    The bill is still pending in the Upper House and its fate will be decided in the forthcoming budget session beginning January 29. The Triple Talaq Bill or The Muslim Women (Protection of Rights on Marriage) Bill seeks to outlaw Talaq-e-Biddat or instant triple talaq and punish offenders with a jail term.
  • Alleged White Supremacist Accused Of Terrorism For Trying To Derail Amtrak Train

    Alleged White Supremacist Accused Of Terrorism For Trying To Derail Amtrak Train

    Business

    Authorities believe he was headed home to Missouri. The charges stem from an October incident in which he allegedly broke into a secured area of an Amtrak train while armed, forced the train to stop and threatened Amtrak staff. The documents "are often possessed and utilized by individuals and groups attempting or planning to commit criminal acts or acts of terrorism or violence", Czaplewski wrote in the affidavit.
  • United Airlines Flight from Chicago Diverted to Alaska Over 'Disruptive Passenger'

    United Airlines Flight from Chicago Diverted to Alaska Over 'Disruptive Passenger'

    Business

    In 2017, a Delta flight was rerouted when a passenger punched a flight attendant while a Trump supporter was banned from Delta Airlines after going on an anti-Clinton rant. "We provided hotel accommodations for our customers and are working to get them to their destinations as quickly as possible". No one was injured during the incident, KTUU reports.
  • Unemployment Holds Steady As Year Ends

    Unemployment Holds Steady As Year Ends

    Business

    Total nonfarm payroll employment increased by 148,000 in December, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Eight years later, with unemployment at 4.1%, workers have the upper hand. More broadly, the job market is shifting in a way that economists say helps explain why wage growth has been so sluggish.
  • Sears to Close An Additional 100+ Stores

    Sears to Close An Additional 100+ Stores

    Business

    Sears Holdings Corp. will close its namesake location at Brookfield Square in mid-March, company officials announced Thursday. A spokesperson for Sears Holdings declined to say how many employees will be affected by the closings. "That means someone else will expand into the mall and possibly bring better business ", she said. "We're working on finalizing plans and should have more to share in the coming weeks", Keating said.
  • The Bull Case for Murphy Oil Corporation (MUR)

    Business

    Murphy Oil Corp now has $5.66B valuation. Credit Suisse Ag holds 1.19M shares or 0.02% of its portfolio. Parkside Retail Bank And Tru stated it has 0% in Marathon Oil Corporation (NYSE: MRO ). Therefore 68% are positive. Marathon Petroleum Corp had 66 analyst reports since August 10, 2015 according to SRatingsIntel. As per Monday, November 20, the company rating was maintained by Barclays Capital.
  • Constellation Brands Inc (NASDAQ:STZ) To Release Earnings

    Constellation Brands Inc (NASDAQ:STZ) To Release Earnings

    Business

    It has outperformed by 0.50% the S&P500. Tortoise Investment Management Llc increased its stake in 3M Co (MMM) by 205.54% based on its latest 2017Q3 regulatory filing with the SEC. (NYSE:VMI) for 4,099 shares. Investors sentiment decreased to 1.14 in 2017 Q3. Its up 0.13, from 1.13 in 2017Q2. It turned negative, as 40 investors sold STZ shares while 242 reduced holdings.
  • Nissan's Brain-To-Vehicle Technology Seems Straight Out Of A Sci-fi Movie

    Nissan's Brain-To-Vehicle Technology Seems Straight Out Of A Sci-fi Movie

    Business

    Many current driver-assist systems can be a bit unpredictable or heavy handed in their responses, so it's not as if this is a problem that doesn't need to be addressed. - Thanks to the Nissan Intelligent Mobility, we move people to a better world by providing more autonomy, more electrifying and more connectivity. Now Nissan has come up with a technology created to make driving more fun for the folks behind the wheel: a "brain decoding" system that gives automobiles the ability to anticipate a ...
  • Bills Honor Promise To Bengals, Send Over 1400 Wings To Cincinnati

    Bills Honor Promise To Bengals, Send Over 1400 Wings To Cincinnati

    Business

    Dalton's foundation helps children who have suffered with serious illnesses and physical challenges. This has been so fantastic to see how supportive people are and how much people are blessing us. There also was a raucous scene in the Bills' locker room after a win over Miami when they saw Dalton's touchdown pass. The Cincinnati Bengals are about to receive a pretty tasty thank you.
  • Australia aims for global domination of medicinal cannabis market

    Australia aims for global domination of medicinal cannabis market

    Business

    The growth of weed Down Under is still relatively small as recreational use still remains illegal. Other companies to benefit include Cann Group (35% increase), Creso Pharma (20%) and Bod Australia (39%). The proposal needs the federal parliament to approve it upon returning to session next month, but the main opposition Labor Party has already signaled its support.
  • Tesla announces Model 3 is delayed - again

    Tesla announces Model 3 is delayed - again

    Business

    On the back of these revelations, shares in Tesla fell by 1.7 per cent to $312 in after-market trading. But early versions of the Model 3 suffered battery quality problems, and it's not clear whether those have been sufficiently resolved.