Economy

Toronto stock market lower as Dow Jones cruises past 23000 record

Toronto stock market lower as Dow Jones cruises past 23000 record The Dow Jones cruised past the 23,000 mark today, as hopes buoyed that President Donald Trump could make progress on implementing tax cut plans and with support coming from a raft of recent solid corporate earnings. The Standard & Poor's 500 index rose 1.90 points, or 0.1 percent, to 2,561.26. The Dow Jones, which tracks 30 of the biggest United States listed companies, has hit new records s... [Full Article...]

Ford recalls 1.3 million pickups

Ford recalls 1.3 million pickups Even if customers are able to open and close the door, that latch may not fully engage, meaning the door could fling open while driving, Ford warned. The recall will allow for the installation of a water shield to side door latches in 2015-17 F-150s and 2017 Super Duty trucks. [Full Article...]

Morgan Stanley Q3 earnings beat estimates thanks to wealth management arm

Morgan Stanley Q3 earnings beat estimates thanks to wealth management arm Revenue rose 3% to $9.20 billion from a year earlier versus the average estimate of $9.01 billion, according to Thomson Reuters. The financial services provider reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.11. [Full Article...]

Are Discerning Investors Interested in Time Warner Inc. (NYSE:TWX)?

The company has market cap of $6.20 billion. A number of institutional investors and hedge funds have recently bought and sold shares of the stock. It is down 36.37% since October 17, 2016 and is uptrending. The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. The stock of Time Warner Inc (NYSE:TWX) earned ... [Full Article...]

Airliner damaged by drone as it landed at Canadian airport

Airliner damaged by drone as it landed at Canadian airport Despite all those sightings, however, an FAA spokesperson says the only actual drone-aircraft collision she knows of in the U.S. occurred last month and involved a US Army helicopter. According to the interim rule imposed by Transport Canada , flying of drones for the objective of recreation is proscribed within the 3.5 miles radius of an airport and 1.1 miles radius for a heliport. [Full Article...]

BoE Deputy Skeptic About Rate Hike

BoE Deputy Skeptic About Rate Hike Inflation rate climbs to 3%. Ramsden told the questioning Parliamentary committee that he didn't anticipate inflationary pressures would build strongly enough in the coming months, to warrant an immediate rate hike. The rise in September inflation gave additional evidence of a continuing effect from last year's sterling depreciation, as much of the rise came in those components of the CPI that a... [Full Article...]

Thanks to Tim Hortons, we can now drink Buffalo sauce-flavored lattes

Thanks to Tim Hortons, we can now drink Buffalo sauce-flavored lattes Canada's beloved coffee house has pulled arguably its weirdest concoction yet unveiling its Buffalo Latte . The Buffalo Latte is now available for only $2.79, added Fox News . However, as with most wacky food trends, it might not be long until we start seeing copycat lattes popping up in trendy United Kingdom coffee shops - there's already a Tim Hortons in Glasgow... [Full Article...]

This Friday the 13th Marks Flight 666's Final Trip to Hel

This Friday the 13th Marks Flight 666's Final Trip to Hel Finland's national airline has flown passengers to HEL on Flight 666 for 11 years, with 21 of these flights on the "unluckiest" day of the year, a spokesman for the airline said. The Number of the Beast is a term in the Book of Revelations, of the New Testament, that is associated with the Beast of Revelation in, get this, chapter 13. [Full Article...]

Target Teams Up With Google's Voice Shopping Service To Take On Amazon

Target Teams Up With Google's Voice Shopping Service To Take On Amazon The touch functionality was an alternative to the " Ok Google " wake-up call voice command to ensure the device was listening to your requests for weather updates , news or other tasks. Louis areas. "So we're excited to offer this service nationwide in time for the busy holiday season". With Google lacking warehouses full of products and Walmart and Target lacking smart speaker hardware, it... [Full Article...]

Federal Bureau of Investigation rechecks Vegas gunman's house — WHAT'S HAPPENING

Federal Bureau of Investigation rechecks Vegas gunman's house — WHAT'S HAPPENING Campos was dispatched to the 32nd floor after a door alarm alerted the security team that Paddock's door was ajar. Now it's been confirmed that Campos was shot six minutes before Paddock began firing on crowds, according to Daily Mail . [Full Article...]

How Many EG Solutions plc (LON:EGS)'s Analysts Are Bullish?

How Many EG Solutions plc (LON:EGS)'s Analysts Are Bullish? It has underperformed by 6.08% the S&P500. Private Advisor Group Ltd Company reported 4,942 shares or 0.01% of all its holdings. Berenberg's target would suggest a potential upside of 3.73% from the company's previous stock close. The firm's market capitalization is GBX 7.66 billion. The Firm has a global footprint, with production sites in Asia, Europe and the United States. It has a 18.58 P/E ... [Full Article...]

India's GST Council approves relief package for exporters

India's GST Council approves relief package for exporters Similarly, the reverse charge mechanism for transactions between registered and unregistered businesses has been deferred till March 31, 2018. Tax rate on rotis and khakra , savouries, and ayurvedic and homoeopathic medicines was also reduced. [Full Article...]

New 'infotainment' tech in vehicles increases distracted driving risk

New 'infotainment' tech in vehicles increases distracted driving risk With one in three USA adults using infotainment systems while driving, AAA cautions that using these technologies while behind the wheel can have unsafe consequences. To lower risk and make systems safer, AAA recommends that automakers follow the National Highway Traffic Safety Administration's voluntary guidelines. [Full Article...]

McDonald's brings back Szechuan Sauce for one day only

McDonald's brings back Szechuan Sauce for one day only Currently, an "authentic" bottle of McDonald's Szechuan sauce is up for grabs in an eBay bidding war for $3,500 with 48 bids at the time of this story. In an effort to help promote their new buttermilk crispy tenders , McD's is offering the coveted Szechuan Sauce at 2 p.m. Saturday, Oct. 7, at the 4294 N. [Full Article...]

Netflix is raising its prices on some plans

Netflix is raising its prices on some plans Will this make you reconsider your subscription or are you happy to keep paying the new price? The top tier that includes ultra HD and four-device simultaneous viewing will go from $11.99 per month to $13.99 per month. Entry level plans will remain at $7.99 a month. That's up $1 per month from the previous $9.99 monthly fee. The new price plan will come into effect immediately for new customers,... [Full Article...]

Whole Foods price cuts hit hardest at Trader Joe's, Sprouts

Whole Foods price cuts hit hardest at Trader Joe's, Sprouts Customers appear to be sticking around after the price cut. Representatives from Whole Foods and Amazon did not immediately respond to requests for comment. According to the Thasos data, 10 percent of Trader Joe's regular customers visited Whole Foods between August 28 and September 3, more than any other competing chain, followed by Sprouts , with 8 percent. [Full Article...]

U.S. services growth remains robust, though future expectations ease

U.S. services growth remains robust, though future expectations ease Although the figure remains comfortably above the 50 mark which separates expansion from contraction, it points to a loss of momentum. IHS Markit's composite PMI, which combines services, manufacturing and construction , edged down to a seven-month low of 53.6 in September - leaving it some way off levels that would normally be consistent with BoE rate increases. [Full Article...]

J&K: BSF camp damaged heavily during encounter

J&K: BSF camp damaged heavily during encounter Government Forces including BSF , 53 Rashtriya Rifles, CRPF and SOG of Jammu Kashmir Police cordoned off the building while a large number of security personnel engaged militants in fire fight. Another militant was also reportedly killed. School, which is located near the airport, will remain closed today, in light of the attack on the BSF camp. [Full Article...]

Biggest ever peacetime repatriation launched as Monarch Airlines goes into administration

Biggest ever peacetime repatriation launched as Monarch Airlines goes into administration The regulator said everyone due to fly in the next fortnight would be brought back to the United Kingdom at no cost to them and that there was no need for them to cut short their stay. Gatwick Airport - one of the United Kingdom airports Monarch had flown out of - confirmed the news early this morning and issued advice to passengers. [Full Article...]

Father of Vegas shooter was a bank robber

Father of Vegas shooter was a bank robber Officials think Paddock brought the weapons into the hotel by himself but did not provide specifics. The bandit is understood to have wound up on the FBI's Most Wanted list in 1969 when he escaped from prison in Texas while serving a 20-year sentence. [Full Article...]


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