Business

Snow and ice warning issued as temperatures plunge

Snow and ice warning issued as temperatures plunge

The Met Eireann office says accumulations of 4 to 8 cm could occur quite widely with greater totals possible. Snow is continuing to fall across Offaly this morning and it will continue throughout the afternoon. The Hill at Cappataggle is proving a particularly hard obstacle - with a number of cars unable to pass the uphill section of the road. He said: "It is important to be mindful of your surroundings and being prepared and exercising caution". Read More

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Kinder Morgan to Participate in Investor Conference

Kinder Morgan to Participate in Investor Conference

The firm had revenue of $3.28 billion during the quarter, compared to analyst estimates of $3.21 billion. The stock increased 1.04% or $0.18 during the last trading session, reaching $17.41. Therefore 59% are positive. The firm earned "Overweight" rating on Thursday, October 22 by Barclays Capital. RBC Capital Markets maintained the stock with "Hold" rating in Wednesday, October 11 report. Read More

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Infosys appoints Salil S Parekh as CEO: Some key facts

Infosys appoints Salil S Parekh as CEO: Some key facts

Prior to his work at Capgemini, where he has spent over 25 years, Parekh has also served as a partner at Ernst & Young, or EY, a multinational accounting firm and consultancy, according to his LinkedIn profile. He was also the company's Chairman of the North America Executive Council. In fact, he was one of Capgemini's five deputy CEOs, and was responsible for a number of businesses that reportedly accounted for 45 percent of the company's revenue. Read More

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Archdiocese of Washington Sues DC Transit System for Banning Their Christmas Ads

Archdiocese of Washington Sues DC Transit System for Banning Their Christmas Ads

The website the ad sought to promote says "Jesus is the flawless gift" and lists Mass times, Advent and Christmas traditions, and ways to give gifts to the less fortunate through Catholic Charities. "Yet citing its guidelines , WMATA's legal counsel said the ad 'depicts a religious scene and thus seeks to promote religion, '" said Ed McFadden, the secretary for communications for the Archdiocese of Washington in a written statement. Read More

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The Secondary Market that is Propping up Retail

The Secondary Market that is Propping up Retail

There is a hope yet for retail, coming from an unexpected place: the act of returning goods we have had second thoughts over has given rise to a secondary market in the U.S. Many who enjoyed frequenting casinos continue to flock to their offline counterpart. Vegas Casino is an example of why this is the case. The site understood that security is a key factor for its users and so offered Bitcoin as a means of payment. Read More

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Recycling wins a place in Industrial Strategy

Recycling wins a place in Industrial Strategy

The government's new industrial strategy has made local smart energy systems one of its priority areas of development. The industrial strategy White Paper , published today, says that "Britain will take a leading role in a new industrial revolution as significant as the last" and that the government "will drive change through the biggest increase in public investment in [research and development] in our history". Read More

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Black Friday Helps Increase Pocket of Amazon Boss to Reach $100 Bln

Black Friday Helps Increase Pocket of Amazon Boss to Reach $100 Bln

Bezos owns almost 80-million shares of Amazon stock, earning him $2.4 billion on Friday alone. The stock got a lift from reports that online shopping on Thanksgiving and Black Friday jumped 18 per cent compared with a year ago. shares and $2.9 billion (£2.17bn) of cash and other assets to charity since 1996. Gates, with a current net worth of $86.8 billion, is estimated to have had a net worth of $150 billion had he not given much of his fortune to charity. Read More

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Sun shines on Shropshire shoppers as Black Friday busy

Sun shines on Shropshire shoppers as Black Friday busy

Adobe expects Cyber Monday to become the largest online shopping day in history, generating $6.6 billion in sales and representing 16.5 percent growth compared to previous year. Shoppers placed 48 percent more orders on phones on Thanksgiving Day, surpassing computers for the first time ever and accounting for 61 percent of total traffic. Read More

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London Buses Will Soon Run on Recycled Coffee Grounds

London Buses Will Soon Run on Recycled Coffee Grounds

It's a so-called B20 biofuel (20 percent biodiesel, 80 percent petroleum diesel) that Bio-Bean makes by collecting the used grounds, extracting the oil, and blending that with regular diesel. The city has increasingly turned to biofuels to reduce carbon emissions. It's simply a matter of changing what you put into the tank, making it much cheaper to run slightly cleaner and more sustainable travel in the capital. Read More

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College athletic programs could lose millions to House's tax bill

College athletic programs could lose millions to House's tax bill

Tax reform means more jobs, more competitiveness in the global economy, and more money in consumers' pockets. Sen. Susan Collins, R-Maine, who has voted with Democrats against repealing Obamacare, is reportedly having a more hard time coming to a "yes" vote on the Senate Republicans' tax reform plan since McConnell announced Tuesday that a repeal of Obamacare's individual health insurance mandate would be added to the Senate version of the tax bill. Read More

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Oil is steady as Opec cuts counter rising United States output

Oil is steady as Opec cuts counter rising United States output

Oil prices rose about 2 percent on Friday, capping five sessions of losses, on expectations of an OPEC deal to extend curbs on production and the shutting of a major USA crude pipeline. Oil ministers have signalled that they are likely to extend the agreement, possibly until the end of next year. The perception that the Organization of the Petroleum Exporting Countries will extend a deal limiting oil production through March 2018 has helped support oil prices over the past few months. Read More

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Moody's ups ratings of SBI, HDFC Bank, EXIM India and IRFC

Moody's ups ratings of SBI, HDFC Bank, EXIM India and IRFC

Finance Minister Arun Jaitley called Moody's upgrading India's rating a belated recognition of all the positive steps taken with regards to the Indian economy. At the same time, Moody's says India's high debt burden remains a constraint on the country's credit profile with the government's reform measures reducing the risk of a sharp increase in indebtedness. Read More

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Pennsylvania's jobless rate sees new post-recession low

Pennsylvania's jobless rate sees new post-recession low

Unemployment in Vermont's 17 labor market areas ranged from a low of 1.8 percent in White River Junction and 3.4 percent in Derby. She says apprenticeships have helped millions of people develop skills needed for good jobs. Unemployment also remains low in other states throughout the New England region, ranging from a low of 2.7 percent in New Hampshire to a high of 4.5 in CT. Read More

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Walmart jumps after beating on earnings, raising guidance (WMT)

Walmart jumps after beating on earnings, raising guidance (WMT)

The Cognitive Solutions segment delivers a spectrum of capabilities, from descriptive, predictive and prescriptive analytics to cognitive systems. Patten And Patten Tn reported 10,701 shares. The Connecticut-based Endeavour Capital Advisors Inc has invested 2.22% in the stock. 72,200 were reported by Amica Pension Fund Board Of Trustees. The company employs about 2.3 million associates worldwide. Read More

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Uber Hit With a Class Action Lawsuit Over Sexual Assault Claims

Uber Hit With a Class Action Lawsuit Over Sexual Assault Claims

A lawsuit filed this week in court in San Francisco alleges that "thousands" of female Uber passengers have been subject to rape , sexual assault , and other forms of "gender-motivated harassment " by the company's drivers since 2010. They include ways in which Uber can better screen its drivers, such as with in-person interviews, character checks, routine criminal background checks and fingerprint background checks. Read More

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