Business

Warren Buffett rebelled against Bitcoin saying it is

Warren Buffett rebelled against Bitcoin saying it is "probably rat poison squared"

Berkshire Hathaway is looking to "find big things to do" in big and growing economies that hold potential, such as China, Buffett said in a video released at the US-China Investor Forum held one da...

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Oil pops above $70 for first time since 2014

Iran's current oil production stands at 3.8 million barrels a day-up nearly one million barrels since the sanctions were lifted, says Jay Hatfield, portfolio manager of the InfraCap MLP exchange-trad...

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Bank holiday weekend set to be a scorcher

Bank holiday weekend set to be a scorcher

The Met Office said it was "almost guaranteed" to be the hottest early May Bank Holiday Monday since 1999. Met Office deputy chief meteorologist Chris Bulmer said: 'We can't promise wall to wall sun...

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Why Parkland school shooting survivor is calling Trump a hypocrite

Why Parkland school shooting survivor is calling Trump a hypocrite

You know the feeling? Trump did not elaborate on how the Second Amendment was under siege. But this year's speech in Dallas came as the issue of gun violence takes on new urgency after one of the dead...

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Facebook is launching a new dating feature

Facebook is launching a new dating feature

In the future, Facebook users can also use a dating service . When you create a dating profile or your parents create one for you, it won't be visible to anyone else on your friend list. It also co...

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The unemployment rate is down

The unemployment rate is down

We read the employment disappointment as largely noise, especially considering net upward revisions over the last two months, although it could be indicative of growing labor shortages. Part of the Ap...

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Xerox CEO is back as board does shock U-turn

Xerox CEO is back as board does shock U-turn

Late Thursday, a deal that would have removed Xerox Corp . CEO Jeffrey Jacobson and some of its board members had expired, leaving the company's leadership team in place - at least for now. We will...

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Oil up on OPEC output cuts, worries about Iran sanctions

Oil up on OPEC output cuts, worries about Iran sanctions

Natural-gas futures, meanwhile, logged their lowest settlement in two weeks after the US government reported the first weekly natural-gas supply climb of the year. "Price action continues to suggest t...

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USA interest rate rise in June '100% certain' after Fed delays

USA interest rate rise in June '100% certain' after Fed delays

The silver price rose over 1 percent on Thursday (May 3) after the Federal Open Market Committee ( FOMC ) eased investors' concerns by announcing that interest rate increases will be gradual. The in...

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Warren Buffett's Berkshire Hathaway Bought 75 Million Shares of Apple in Q1

Warren Buffett's Berkshire Hathaway Bought 75 Million Shares of Apple in Q1

Many financial pundits thought Apple would be affected by declining smartphone sales and would cut iPhone X production, but it turns out that billionaire investor Warren Buffet wasn't one of them. Net...

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Toronto makes top 10 of busiest global flight routes in world

Toronto makes top 10 of busiest global flight routes in world

This is followed by the Jakarta to Singapore route with 27,304 flights. There were on average 84 flights daily making the short hop which takes about an hour, according to the study. OAG is one of ...

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Early Activision earnings: A beat, low guidance; shares to resume trading

Early Activision earnings: A beat, low guidance; shares to resume trading

About 4.12M shares traded. Activision Blizzard , Inc. (NASDAQ:ATVI) has lost -5.32% in value over the last three months, and 5.71% over the last six-month period. Gazit Globe had 3 analyst reports ...

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Telstra says a lightning strike knocked out triple-0 calls

Telstra says a lightning strike knocked out triple-0 calls

The damaged routers were restored at about 5am and a fibre fix crew was dispatched to the damaged cable. The ABC reports some calls were getting through across NSW, Victoria and WA. Telstra had li...

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Goldman Sachs gearing up to launch Bitcoin futures

Goldman Sachs gearing up to launch Bitcoin futures

Wall Street financial giant will begin trading Bitcoin futures for clients, rather than buying and selling actual cryptocurrency - though that may come later. CEO Lloyd Blankfein had already stated...

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Former Volkswagen CEO Winterkorn indicted in USA over 'Dieselgate'

Former Volkswagen CEO Winterkorn indicted in USA over 'Dieselgate'

The US government on Thursday filed charges against the former executive of Volkswagen (VW), Martin Winterkorn, who resigned in 2015 after the Volkswagen emissions scandal, also known as "dieselgate" ...

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Featured Stock Overview: QUALCOMM Incorporated (QCOM)

Since May 2, 2017 QCOM has declined 3.21% and is downtrending. It has outperformed by 12.89% the S&P500. Bokf decreased Qualcomm Inc (QCOM) stake by 28.67% reported in 2017Q4 SEC filing. (NYSE:HRG) ...

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United States stocks open mixed ahead of Fed comment

United States stocks open mixed ahead of Fed comment

USA stocks fell on Wednesday as investors digested a statement from the Federal Reserve, which left interest rates steady and said inflation had "moved close" to its target, while the dollar climbed...

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Gas prices on the rise in Billings, country

Gas prices on the rise in Billings, country

In addition, smaller issues driving prices up include refinery maintenance season, which is beginning to wrap up, and the switch-over to summer gasoline, which is also nearing completion. While the pa...

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E-cigarette liquids looking too kid friendly, FDA says

E-cigarette liquids looking too kid friendly, FDA says

USA regulators issued warnings to 13 companies selling e-cigarette liquids for using child-friendly images in their packaging, in the latest crackdown aimed at preventing tobacco sales to minors. If a...

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BP Shares, Boosted by Higher Oil Prices, Hit Eight-Year High

BP Shares, Boosted by Higher Oil Prices, Hit Eight-Year High

This tops their initial prediction of $2.2 billion according to to a company-provided analytics survey. Adjusted net income for the first quarter was $2.59 billion, the highest since 2014 and beat...

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Walmart Selling Asda To Sainsbury's, Will Hold 42% Stake In Merged Company

Walmart Selling Asda To Sainsbury's, Will Hold 42% Stake In Merged Company

The unified group, which would have a bigger market share than current leader Tesco , would have combined revenues of £51bn and boast a network of 2,800 Sainsbury's , Asda and Argos stores . ...

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Weekly CVS Group plc (LON:CVSG) Ratings on April 30, 2018

Bancorporation Of America Corporation De accumulated 225,770 shares. The Colorado-based Alps Advisors has invested 0% in DFS Furniture plc (LON:DFS). CSB Bancorp, Inc. The stock of BGEO Group plc (L...

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As of May, 1 Under Armour, Inc. (UAA) Analysts See $-0.05 EPS

As of May, 1 Under Armour, Inc. (UAA) Analysts See $-0.05 EPS

The average true range is 0.63 for Under Armour, Inc . Wilder has developed multiple indicators that are still quite popular in today's investing landscape. (NYSE:UA) earned "Sell" rating by FBR Ca...

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NZ unlikely to copy Scotland's alcohol pricing

NZ unlikely to copy Scotland's alcohol pricing

The law stipulates that a standard 700 ml 40 percent bottle of whisky cannot be sold for less than £14 ($19.12, about 1,200 rubles), a 750 ml 13 percent bottle of wine - for less than 4.88 pounds ($6....

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Snap Takes A Revenue Hit From Unpopular Redesign

Snap Takes A Revenue Hit From Unpopular Redesign

Snap CEO Evan Spiegel attributed the less-than-stellar numbers to seasonality and Snapchat's recent redesign, which separated content from a user's friends and professional publishers. It looks l...

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Peel Hunt Reiterates "Hold" Rating for Antofagasta (ANTO)

Arrow Invest Advisors Ltd Llc stated it has 0.18% of its portfolio in Ashtead Group plc (LON:AHT). Perritt Capital Mgmt accumulated 326,715 shares. Aperio Gp Ltd Limited Liability Company holds 0.01% ...

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April ends with highest average gas price since 2014

April ends with highest average gas price since 2014

Phoenix- $2.83/g, up 5.7 cents per gallon from last week's $2.78/g. Across the US, A.P. reports 13 percent of gas stations in the USA are charging at least $3 per gallon or more as of last week. And...

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Were Analysts Bullish Intermediate Capital Group plc (LON:ICP) This Week?

Thompson Davis & Com accumulated 750 shares or 0.02% of the stock. Winfield Assoc Incorporated holds 0% or 15 shares in its portfolio. Gabelli Funds Lc reported 188,000 shares. The firm earned "Buy" r...

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Amazon to expand Vancouver tech hub, create 3000 new jobs

Amazon to expand Vancouver tech hub, create 3000 new jobs

Prime Minister Justin Trudeau waves to anti-pipeline protesters as he leaves the old Canada Post sorting facility on West Georgia Street in Vancouver on Monday morning. "Tech talent and investment...

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WOW air recruiting for two global travel guides

WOW air recruiting for two global travel guides

Over the course of the 10-week job, travel guides will take eight trips to WOW Air global destinations and four domestic trips through Iceland . Summer is here, which means the season to plan for h...

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