Business

Lloyds Group offers £50m for Carillion's small business victims

The government is setting up a Carillion task force formed of business and unions to help with the fallout of the collapsed contractor. It said it wanted to provide "reassurances" at an "unsettling" time. The lender will also take over contracts arranged by Carillion, which provide employment for another 1,500 workers. "We want those other private sector companies to take on those workers".

UP police busts biggest haul of demonetised currency notes in Kanpur

The haul, with banned notes making up a bed-sized stack of cash, is the biggest since Rs 500 and Rs 1000 notes were removed as legal tender in November 2016 during the demonetisation drive. They were arrested along with the builder. A senior police officer, who was leading the investigation team, said that the arrested persons were part of old currency racket, which was active in the exchange of demonetized currency notes.

Bitcoin sinks 20 percent as cryptocurrencies plummet

Bitcoin was trading at $13,209.25, down 2.8 percent from the day before as of 7:13 a.m. GMT, according to Coindesk, after falling earlier by as much as 7 percent. "South Korea holds some of the world's largest crypto-currency exchanges, so a ban is expected to disrupt Bitcoin trading", said a note from British consultancy Capital Economics, which also alluded to Chinese concerns of bitcoins's effect on financial stability.

UnitedHealth Group Incorporated (NASDAQ:UNH) To Report Earnings

About 13.11 million shares traded. Analysts forecast that UnitedHealth Group Incorporated will post $8.02 EPS for the current year. It has outperformed by 16.06% the S&P500. $2.88M worth of UnitedHealth Group Incorporated (NYSE: UNH ) shares were sold by BURKE RICHARD T. First Personal Financial Services, which manages about $474.22 million US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 4,003 shares to 30,540 shares, valued at $4.71M in 2017Q3, according to the ...

Carillion files for liquidation after lending talks fail

The demise of the 200-year-old business "poses a major headache for Theresa May's government, which has employed Carillion to work on 450 projects including the building and maintenance of hospitals, prisons, defence sites and the country's new superfast rail line", says Reuters .

US Direct Flights Plan to Create 150 Jobs at Kenya Airways

Kenya Airways flight will be the fastest connection from East Africa to NY, with 15 hours duration eastbound and 14 hours westbound and will be operated by a Boeing 787 Dreamliner. "The flights will substantially boost Kenya's global profile as a tourism destination as they will provide a shorter, quicker and more affordable connection for tourists and business", she said.

Beijing weighs slowing, halting purchases of US Treasuries

China's foreign exchange regulator said on Thursday the report may be based on erroneous information and could be "fake", helping to underpin both USA and Japanese bonds. Commodities in general climbed higher on the futures market Wednesday. Fed speakers are back on the prowl today, with several expected to talk. St.

Gasoline prices move up in the new year

In 2017, the forecast called for a yearly national average of $2.49 and the actual was $2.39. Oil prices crashed to below $30 a barrel in February 2016 but have slowly increased since then, and Patrick DeHaan, head of petroleum analysis at GasBuddy , points to the Organization of the Petroleum Exporting Countries as the big reason why.

Uber used remote computer system to shield data from police raids

Now we've got Ripley, which came to light in a report from Bloomberg . The use of this tool raises questions for Uber because the company has in the past used a phony version of its app to thwart authorities attempting to collect evidence of local law-breaking.

Citing New Tax Law, Walmart To Raise Starting Wages, Expand Parental Leave

The one-time bonus between $200 and $1,000 will be given to Walmart employees who won't receive a pay raise. Wal-Mart's announcement follows companies like AT&T Inc, Wells Fargo & Co. Taking effect next month, the wage hike will be about $300 million incremental to what was already included in next fiscal year's plan. Salaried associates will also get six weeks of paid parental leave.

Mazda pick 'sweet home Alabama' over NC for $1.6B plant

San Antonio was hoping to attract the plant, which will be built in the Huntsville area and will employ about 4,000 people. "The impact of an auto assembly plant extends beyond its immediate economic impact, and that's why states offer robust incentives", said Dennis Cuneo, a site-selection consultant and former Toyota executive.

Water main break delays flights at New York's beleaguered JFK airport

Port Authority Executive Director Rick Cotton said the agency, which oversees airport operations, would conduct a thorough investigation. The official Twitter account for the Port Authority of NY and New Jersey tweeted news of the break , which also led to a shutdown of worldwide arrivals into Terminal 4.

Ford launches 'commercial grade' diesel option for F-150

Despite its impressive capabilities, Ford is bullish with the engine's fuel economy ratings. Ford says the same development that that churns out its massive 6.7-liter Power Stroke V-8 is behind this new 3.0-liter diesel mill as well. That shaved as much as 700 pounds off the weight of prior-generation F-150 models. The transmission can non-sequentially select gear ratio based on need, the company noted, and standard auto start-stop functionality boosts fuel efficiency and reduces emissions.

All iPhones and iPads affected by Meltdown and Spectre, says Apple

As the world absorbed the news that chips on practically every device made in the last decade are vulnerable to Spectre and Meltdown , the only tech giant staying quiet was Apple . As far as it matters for its, Intel said in an announcement on Thursday that it "has created and is quickly issuing refreshes for a wide range of Intel-based PC frameworks-including PCs and servers-that render those frameworks invulnerable from the two endeavors...

Minimum wage hike goes into effect in NY, NJ

As a broader minimum wage increase for NY workers goes into effect Sunday, fast-food workers in the state will be getting a raise, too. Instead of increasing minimum wage, Goodell said he has advocated for other ways to help, such as increasing the earned income tax credit and focusing on job mentoring and training.

Apple Boosts Pay of CEO Tim Cook, Other Executives

While better sales is good news for Apple, which saw sales decline for the first time past year, the company thought it also means Cook's security could be at risk. As the head of the world's most valuable company, Mr Cook is also now forced to use private planes to travel for both business and personal purposes.

Huge Powerball and Mega Millions jackpots up for grabs

Someone won $2 million dollars this week on a ticket that was bought in Cuthbert. The last chance to buy Mega Millions tickets is Friday, December 29th at 7:45pm PT, and the drawing is at 8:00pm PT that night. There were no Match 5 $1 million winners. The jackpot has been rolling since October 13, when the last jackpot of $42 million was won by players in MI and Rhode Island, according to Mega Millions.

Uber: Softbank takes large stake in ride-hailing firm

Uber will enact governance reforms that disempower the two warring factions and increase the size of the board to a massive 17 people. SoftBank, which is heavily invested in other ride-hailing companies around the globe, could help Uber strike more partnership deals, especially in Asia.

China's first large amphibious aircraft AG600 makes maiden flight

China's first home-grown large amphibious aircraft AG600 makes a smooth landing after its maiden flight in Zhuhai , south China's Guangdong Province, Dec. The company said the aircraft will be of great importance to the country's emergency rescue system and the building of a strong sea power, noting that tens of thousands of researchers and engineers from almost 200 domestic institutes, universities and enterprises took part in the project.

Shares that proliferate your speculations: Accenture plc

On Wednesday, Shares of Accenture plc ( NYSE: ACN ) expressed a change of -0.31% and closed its trade at $151.75. It has underperformed by 12.43% the S&P500. Glg Ltd Com invested in 0.28% or 32,200 shares. Therefore, ROE for Accenture plc, ACN is 42.40%. Benjamin F Edwards & holds 9,307 shares or 0.15% of its portfolio.