Business

US Dollar Falls Ahead Of Fed Decision

The Dow surged 63 points or +0.28% to finish at 22,331.35. The ICE U.S. Dollar Index DXY, -0.12% which measures the greenback against six of its rivals, was little changed on Wednesday morning at 91.767, on course for a second session of losses.

Compromised CCleaner software leaves millions with malware

The malware reportedly tried to connect to unregistered websites in order to remotely download even more harmful programs to users' computers. Hackers managed to hijack a popular PC cleanup tool, CCleaner, meaning that anyone who downloaded or updated it between mid-August to mid-September also downloaded malware without realising it.

Oracle outlook raises concerns about growth

The stock has a market capitalization of $218.67 billion, a price-to-earnings ratio of 23.92 and a beta of 1.05. Given that liquidity is king in short-term, ORCL is a stock with 4.15 billion shares outstanding that normally trades 1.11% of its float.

SpaceX's blooper reel is an expensive symphony of fiery explosions

He took to Instagram to unveil a two-minute blooper clip entitled, "How not to land an orbital rocket booster". Just watching these devastating missteps back-to-back makes you wonder how the company had the will to keep on pushing, but they did just that, and today SpaceX rockets routinely launch and land without a hitch.

Dollar Climbs as North Korea, Hurricane Woes Wane: Markets Wrap

In parallel, Erlam added that with Hurricane Irma now downgraded to category one, there was hope that the devastation wreaked by the storm would not be as bad as feared, potentially bringing down the eventual bill. Trading was expected to remain quiet with no major US data to be released throughout the day. "Insured losses (overall) are now expected to be less than many feared", Credit Suisse analysts said after the estimated insured loss in the United States resulting from Irma was cut ...

Jaguar Land Rover to make only electric or hybrid cars by 2020

Jaguar Land Rover has set out its commitment to the electrification of its vehicles, saying that all new vehicles from 2020 will come with electric options, be that fully electric , plug-in hybrid or mild hybrid. The first Jaguar to feature all-electric power will be the upcoming I-Pace SUV. Jaguar's electric line up for the future - from left the Jaguar E-Type Zero, its first all-electric auto, the Jaguar I-Pace compact SUV and Jaguar's futuristic electric concept vehicle.

Rajiv Pratap Rudy, Uma Bharti Resign Ahead Of Expected Cabinet Reshuffle

BJP chief Amit Shah , who held a meeting with some senior ministers at his residence in the morning, met Modi later in the day. A rejig of the government has been due for months now, especially after vacancies and transformed alliances. Finance Minister Arun Jaitley has been holding additional charge of the Defence Ministry since then. The portfolios he handled, Information & Broadcasting and Housing and Urban Development, were respectively given to Union Ministers Smriti Irani and ...

Major Pipeline shuts down due to Hurricane Harvey

According to reports , however, the Colonial Pipeline, which supplies almost 40 percent of the South's gasoline, said it may be able to resume operations by Sunday. Northeast, to reduce supplies. Average retail gasoline prices have risen to $2.449 per gallon nationwide, up 4.5 cents a gallon from a day earlier and 10.1 cents from a week ago, AAA data showed.

Google Announces Three Assistant-Compatible Third-Party Speakers

There are two 20mm soft-dome tweeters placed at 45 degrees, which gives a full 180-degree sound field. The GA10 from Panasonic is scheduled to be released in early 2018. That way your Assistant will be able to distinguish your voice from your roommate or partner. The companies aren't just interested in selling speakers.

Louise Linton, Treasury Secretary Steven Mnuchin's Wife, Apologizes For Instagram Rant

The organization thinks the travel may have been used as cover for Mnuchin and his wife to watch the solar eclipse. A watchdog group is already demanding the government turn over documents for the trip, after Mnuchin's wife, Scottish actress Louise Linton , went on an online tirade against a reader who slammed her promotion of top designer brands on a photograph she posted .

Apple to build Iowa data center, get $207.8 million in incentives

The Statehouse event came a few hours after state and local officials had approved incentives to help land the project after a 20-month search process. Foxconn is a major Apple supplier, but is not expected to make any Apple products at its proposed US plant. She defended the state's investments, telling reporters "these are credits, it's not a check" to attract a company willing to investment $1.4 billion in the first phase of a project that will boost Iowa's economy for the future.

U.S. dollar declines amid political uncertainty

Adding to investor concerns was news that a van had slammed into crowds in the Spanish city of Barcelona, killing 13 people, according to media reports, in an attack police were treating as terrorism. Amid the political fallout, rumors swirled that National Economic Council Chair Gary Cohn was considering stepping down after the president's statements on Charlottesville .

Easyjet part of talks for Air Berlin assets

The company said in a statement to the Frankfurt Stock Exchange that it had had no option after Etihad refused to offer any further financial support. That will allow the airline, Germany's second largest, to continue flying while it works out a possible sale of its assets. EasyJet declined to comment.

Gates listed for charity $4.6 billion

As a effect, Bill Gates' share in Microsoft now stands at just around 1.3% of the company he co-founded with Paul Allen. Spokesmen for Microsoft and Gates didn't immediately respond to requests for comment. The June gift represents 38pc of his holdings in the company and is the latest in a long line of Microsoft share disposals that have whittled his stake down from 24pc in 1996 to 1.3pc today.

Chicago to sue feds over funding threats to sanctuary cities

Emanuel acknowledged that the Byrne Grant - which the city has used to purchased police vehicles, radios and stun guns - amounts for a tiny fraction of the city's $8.2 billion 2017 budget. "Our job is to investigate crime, our job is not to investigate immigration status or documentation", Johnson said. "Removing those resources, regardless of the reason, makes CPD's mission to protect all residents in Chicago that much more hard".

Martin Shkrelis turn up in same courtroom, with same judge

That increase sparked outrage from USA lawmakers and patients - and earned Mr. Shkreli the nickname " Pharma bro ". Prosecutors had a different take. Shkreli was dressed in a short-sleeve polo shirt and shook his head in apparent disbelief when the first guilty verdict was read.

Australia's central bank keeps rate steady

Chris Schade, senior business analyst at non-major lender MyState, said that below trend economic performance and a high Australian dollar meant the current interest rate setting remained appropriate. In its July statement it said that "indicators of the labour market remain mixed" with forward-looking indicators pointing to "continued growth in employment over the period ahead".

Australia ramps up airport security after alleged plane bomb plot

The Australia Federal Police said in a statement that four men were arrested in the operation. Australian Federal Police Commissioner Andrew Colvin said the men arrested were allegedly linked to an Islamist-inspired plan to detonate an improvised explosive device.

Foxconn to pay almost $1 billion in wages and benefits

The United States has added 70,000 manufacturing jobs since November, bringing the total to almost 12.4 million, but has not added any net factory jobs in the last two months, according to the Bureau of Labour Statistics. Foxconn and Rockwell Automation are collaborating to implement Connected Enterprise and Industrial Internet of Things (IIoT ) concepts for smart manufacturing in Foxconn's new USA facilities.

Perennial Runner-Up Lyft Joins Race to Develop Self-Driving Cars

It's opening a new facility in Palo Alto, California to house its team and expects several hundred people to work there by the end of 2018. The so-called Open Platform, which Lyft announced in June, could feature vehicles from other partners as well, such as GM and Jaguar Land Rover, which entered into a deal with Lyft last month.