Markets

US Economy Grew At 2.6 Percent In Second Quarter

US Economy Grew At 2.6 Percent In Second Quarter

In May President Trump put forward a budget for next year that projects growth to steadily advance in the coming years, hitting a sustained pace of 3 percent annually by 2021. Economists polled by MarketWatch had forecast a 2.8% increase. Inflation slowed to an annual rate of 0.3% in the second quarter from 2.2% in the first, as measured by the personal-consumption expenditures price index, or PCE . Read More

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Lyft & Taco Bell Partner To Create The 'Taco Mode' Feature

Lyft & Taco Bell Partner To Create The 'Taco Mode' Feature

Lyft riders who use Taco Mode receive benefits such as a free Doritos Locos Taco between 9 p.m. and 2 a.m. local time. Lyft and Taco Bell chose to partner up and offer a new option for riders. The pair hope to expand the mode to into additional markets by the end of the year before a nationwide rollout in 2018. "We're combining two of our passengers' favorite activities - a night out with friends and enjoying Taco Bell - which means there is even more of the night to love". Read More

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Trump names new White House communications director

Trump names new White House communications director

Glenn Thrush of The New York Times first reported Spicer's resignation . "I will continue my service through August". Spicer was born in NY, but he grew up in Rhode Island, where he also attended Brown University. Priebus and Spicer spent years working closely together at the Republican National Committee. He was often ridiculed on NBC's "Saturday Night Live." The news reflects the alleged uncertainty brewing among White House staff. Read More

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IMI plc's (IMI)

IMI plc's (IMI) "Neutral" Rating Reiterated at Goldman Sachs Group, Inc

The stock of DS Smith plc (LON:SMDS) has "Neutral" rating given on Monday, April 24 by Goldman Sachs. The firm earned "Buy" rating on Thursday, November 3 by Mizuho. S Muoio & Company increased Media General Inc (MEG) stake by 59.68% reported in 2016Q4 SEC filing. The company has market cap of $465.92 billion. It operates through two segments: Broadcast & Online and ITV Studios. Read More

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Ravi Shastri to pick the core staff

Ravi Shastri to pick the core staff

In fact, Kumble had applied for the job as soon as the first advertisement came out despite the BCCI telling him that he was a "direct entry" into the shortlist. "So I don't think there is any effort to understand (is needed) as we have worked earlier also ". "We showed that we have the ability and we can win from any situation". Read More

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Wall Street ends flat; Netflix jumps after the bell

Wall Street ends flat; Netflix jumps after the bell

Amazon AMZN.O led discretionary sector gains with a 0.8 percent increase to $1,010.04. The Dow Jones index was little changed at 21,635.48, while the S&P 500 rose 0.05% to 2,460.46. Winners and Losers: Shares of Netflix , Inc. sky-rocketed 13.5 percent after the streaming service reported it added 5.2 million subscribers in the last three months, more than the 3.2 million they expected. Read More

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Amazon meal kits? Trademark filing sends Blue Apron's stock to new lows

Amazon meal kits? Trademark filing sends Blue Apron's stock to new lows

Today, Blue Apron stocks hit an intraday low of $6.51 a share, down almost 10 percent. Over the years, it has launched services like AmazonFresh and Pantry . John Mackey, CEO of Whole Foods Market , is a member of The Motley Fool's board of directors. Blue Apron is the largest meal kit provider in the United States, followed by HelloFresh, and this is the second hit the company has taken recently. Read More

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China June coal output rises as summer power demand heats up

China June coal output rises as summer power demand heats up

An uncanny run of stability compared to other major economies over the same period. The rate was the same as in the first three months of this year, said the National Bureau of Statistics on Monday. "But worldwide instability and uncertainties are still relatively large, and the domestic long-term buildup of structural imbalances remains". Industrial output expanded 6.9 per cent year on year in the first six months, against 6 percent in the same period last year. Read More

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Fire ban in place across BC

Fire ban in place across BC

After a couple of relatively quiet days, the B.C. wildfire situation is expected to worsen through this weekend. There are now 167 wildfires burning in British Columbia. Since the fire season began in April, more than 616 blazes have consumed 1,140 square kilometres of land, forcing officials to order evacuations affecting 16,680 people. Read More

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Mithali Raj becomes highest run scorer in ODI

Mithali Raj becomes highest run scorer in ODI

For she is in a class of her own and widely called the Sachin Tendulkar of women's cricket for her phenomenal consistency at the highest level ever since she made her ODI debut in 1999 with a century against Ireland. Mitali Raj is not only a good One day or test player but also has also scored 1,708 runs in Twenty20 Internationals at an impressive average of 37.95. Read More

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Bay Area Gymboree stores to close as company restructures

Bay Area Gymboree stores to close as company restructures

Bankruptcy Court for the Eastern District of Virginia. The company also is closing Gymboree stores in Bolingbrook, Vernon Hills, West Dundee, Bloomingdale, Springfield, Champaign, Peoria and Fairview Heights. The closures in North Texas include four Gymboree stores- at the Collin Creek Mall , in Preston Park and at the Shops at Willow Bend in Plano and at the Vista Ridge Mall in Lewisville . Read More

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Marks & Spencer share price: United Kingdom sales dip in Q1

Marks & Spencer share price: United Kingdom sales dip in Q1

In the three months to 1 July, the retailer's food segment posted a 0.1% year-on-year dip in like-for-like sales, while the clothing and home division recorded a 1.2% drop compared with last year. "In our Food business, we delivered strong growth from new Simply Food openings, and are prioritising better ranging and stronger promotions", Chief Executive Steve Rowe said in a statement. Read More

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Sunac China shares jump after United States dollars 9.3 billion deal with Dalian Wanda

Sunac China shares jump after United States dollars 9.3 billion deal with Dalian Wanda

Wanda Owner Wang Jianlin is the second richest man in China , behind Alibaba founder Jack Ma. Making reference to earlier acquisitions this year, namely a 17.6 billion yuan deal to invest in property transaction services provider Homelink and an ailing internet company Leshi, S&P described these acquisitions to be "opportunistic in nature, and the strategy and synergy with Sunac's main property development business remains unclear". Read More

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Takata air bag blamed for death during fix job

Takata air bag blamed for death during fix job

The individual, who did not own the Accord, died the next day. All told, 12 people in the US and 17 worldwide have been killed by the defective inflators. The problem touched off the largest automotive recall in USA history, involving 42 million vehicles and 69 million air bag inflators. The NHTSA said 2001-2003 model Honda and Acura vehicles have as high as a 50 per cent chance of a risky air bag inflator rupture in a crash. Read More

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Your Friendly Neighborhood 'Spider-Man: Homecoming' Dominates the Box Office

Your Friendly Neighborhood 'Spider-Man: Homecoming' Dominates the Box Office

The well-received " Homecoming " kicks off the third "Spider-Man" iteration in the last 15 years, and second reboot since 2014's "The Amazing Spider-Man", with Andrew Garfield. What Homecoming also does right is show Peter Parker as the vulnerable, approval-seeking, good Samaritan that he is. Could any other movie have competed with the hero anyway? These two movies will deal with the Avengers taking on the threat of the cosmic villain Thanos (Josh Brolin) and Spider-Man will be in ... Read More

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U.S. moves into medal round

U.S. moves into medal round

Canada won the title after defeating Italy 79-60 in the final match. In the meantime, Purdue's Carsen Edwards contributed 12 points, four rebounds, and four assists. squad scored 17 of the first 21 points and jumped out to a 25-6 lead after the first quarter. "Nobody should have that many points on us", said Pritchard. Read More

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