Finance

Finance Berkshire Hathway succession plan takes shape, Jain gets board seat
Author: 0 Berkshire Hathway succession plan takes shape, Jain gets board seat

The cherry Coke drinking chief of Berkshire Hathaway said cryptocurrencies "will come to a bad ending" speaking in an interview with CNBC on Wednesday. Jain was already leading the insurance and reinsurance operations at Berkshire Hathaway, having joined the Berkshire Hathaway Insurance Group in 1986, holding the role of Executive Vice President of National Indemnity Company and with overall responsibility for leading Berkshire Hathaway's reinsurance operations.

Finance Tesla Gigafactory 2 commences solar roof tiles production
Author: 0 Tesla Gigafactory 2 commences solar roof tiles production

This ramp-up seems to be well within Tesla CEO Elon Musk's expectations. But unfortunately, the rollout got postponed firstly to late 2017, and then to 2018, following unexpected delays . Tesla would not disclose how many reservations it had received for the solar roof. The solar shingles are an element of a three-part solution, including also energy storage and electric cars.

Finance Limestone County likely home for $1.6B Toyota-Mazda plant
Author: 0 Limestone County likely home for $1.6B Toyota-Mazda plant

Toyota already has a large presence in Huntsville, as Toyota Motor Manufacturing Alabama already employs 1,450 people. Toyota and Mazda are expected to split the cost of the plant, but state and local governments expect to heavily incentivize the automakers for locating in Alabama.

Finance Fired engineer sues Google, alleges reverse discrimination
Author: 0 Fired engineer sues Google, alleges reverse discrimination

Joining in the case is another former employee, David Gudeman, who left Google in December 2016 and has been self-employed since then. Google fired Damore last August for writing a manifesto in which he criticized the company for treating women and non-white employees deferentially just to improve their representation in the company's workforce.

Finance JFK airport tries to catch up, vows probe
Author: 0 JFK airport tries to catch up, vows probe

Rick Cotton said Monday the Port Authority of NY and New Jersey will thoroughly investigate what went wrong and why during the past four days. (One extreme case was a flight that had to wait seven hours on the tarmac to receive a gate.) This created a backlog of flights from which the airport is still trying to recover.

Finance Sainsbury's cautious on 2018 as Christmas sales just beat forecasts
Author: 0 Sainsbury's cautious on 2018 as Christmas sales just beat forecasts

Sainsbury's now has a 16.2 per cent share of the overall United Kingdom grocery market, according to analytics firm Kantar Worldpanel, behind Tesco but ahead of Asda and Morrisons. In its third quarter trading update covering 15 weeks ending January 6, the Big 4 retailer posted a 1.1 per cent rise in like-for-like sales. He added: "We're pleased with our performance across the Group this quarter".

Finance Zermatt: 13000 tourists trapped in Swiss ski resort after extreme weather
Author: 0 Zermatt: 13000 tourists trapped in Swiss ski resort after extreme weather

Unusually heavy snowfall and a high risk of Alpine avalanches stranded some 13,000 tourists Tuesday in the Swiss resort of Zermatt at the base of the famed Matterhorn mountain. "In the village, the atmosphere is relaxed". After almost three feet of fresh snow fell on top of a deep holiday snowpack, on Monday morning police and local authorities announced the closure of all roads in and out of Zermatt, Switzerland, due to extreme avalanche danger.

Finance Union cabinet clears 100% FDI in single brand retail
Author: 0 Union cabinet clears 100% FDI in single brand retail

The government said that the move was to liberalise and simplify the FDI policy to provide ease of doing business in the country, and that it will lead to larger FDI inflows. This condition was relaxed subject to certain conditions. The approval through automatic route is aimed at further quickening the FDI clearance process and many foreign players may now enter the Indian market this advantage of this.

Finance World Bank projects 7.3% growth rate of India in 2018
Author: 0 World Bank projects 7.3% growth rate of India in 2018

Ayhan Kose, Director, Development Prospects Group, World Bank, said India's growth potential will be around 7 per cent for the next 10 years. The global economy is forecast to grow 3.1 percent this year, the World Bank said in a report titled "Global Economic Prospects" that was released Tuesday, up from the 2.9 percent growth forecast from June last year.

Author: 0 $1.59 EPS Expected for SL Green Realty Corp. (SLG)

Kimco Realty Corporation (NYSE:KIM) has declined 31.73% since January 7, 2017 and is downtrending. It has underperformed by 16.70% the S&P500. Among 19 analysts covering Marathon Petroleum Corp ( NYSE:MPC ), 13 have Buy rating, 0 Sell and 6 Hold.

Finance India woman kills self over relationship with Muslim man
Author: 0 India woman kills self over relationship with Muslim man

As well as arresting Anil, the police have also launched a huge operation to arrest the main accused Santhosh and three others. According to media reports , the victim had claimed on Whatsapp that she loved Muslims. The SP said that the police will arrest all those who harassed the victim orally or through social media. Within days of the suicide of a college girl in Mudigere following alleged online harassment by some Hindutva activists over her friendship with a Muslim boy, leaders of ...

Finance Target's Comp Sales Surge 3.4% Over Holidays
Author: 0 Target's Comp Sales Surge 3.4% Over Holidays

Initial Full-Year 2018 GuidanceWhile Target continues to develop detailed financial plans for 2018, the Company is now planning for a low single-digit increase in its 2018 comparable sales and year-over-year stability in EPS generated by its core business, excluding the benefit of federal tax reform.

Finance Analyst Earnings Estimates Scan: Marathon Petroleum Corporation (MPC)
Author: 0 Analyst Earnings Estimates Scan: Marathon Petroleum Corporation (MPC)

The company's market cap is $15.46 Billion, and the average volume is $12.18 Million. The counter witnessed a trading volume of 0.8 million shares versus an average volume of 0.5 million shares during last trading session. Jet Capital Investors L P, which manages about $1.55B and $2.12B US Long portfolio, upped its stake in Alps Etf Tr (Put) (AMLP) by 1.32 million shares to 2.83 million shares, valued at $31.70M in 2017Q3, according to the filing.

Finance Ford offers its first diesel for the F-150
Author: 0 Ford offers its first diesel for the F-150

Spring 2018 marks the first time a diesel engine will be found under the hood of Ford's F-150 full-size truck , with the inclusion of a newly-developed 3.0-liter Power Stroke turbocharged V6 diesel engine. WIth a new diesel under the hood, the 2018 F-150 diesel offers a towing capacity of 11,400 pounds, a payload capacity of 2,020 pounds and a projected EPA-estimated rating of 30 miles per hour highway.

Finance Schuette silent on Trump marijuana crackdown
Author: 0 Schuette silent on Trump marijuana crackdown

Sessions rescinded a 2013 memo in which the Obama administration declared it would not block states from legalizing marijuana as long as officials act to keep it from migrating to places where it remains outlawed and to keep it out of the hands of criminal gangs and children.

Author: 0 Antero Midstream GP (AMGP) Rating Increased to Buy at Goldman Sachs Group

Antero Midstream GP has a fifty-two week low of $16.62 and a fifty-two week high of $22.87. The stock increased 0.57% or $0.175 during the last trading session, reaching $31.005. After $0.98 actual earnings per share reported by The Bank of New York Mellon Corporation for the previous quarter, Wall Street now forecasts -7.14% negative EPS growth.

Finance Hulu now boasts 17 million subscribers
Author: 0 Hulu now boasts 17 million subscribers

The company also said its total audience grew to 54 million total unique viewers. However, Hulu still trails category leader Netflix by a wide margin. That kind of performance reflects viewers' growing appetite not only for genre content, but for the freedom to cut the cord and watch TV their way.

Finance Microbeads, unsafe to marine ecosystems, banned in United Kingdom
Author: 0 Microbeads, unsafe to marine ecosystems, banned in United Kingdom

Other natural products such as salt, coffee and whole oats, and more exotic ones such as rosehip seeds are all suitable and don't damage the marine environment in the same way as plastic . Still, both politicians and activists embraced the ban - and cast it as prelude to still more measures to combat plastic pollution. Microbeads are tiny plastic orbs manufactured for household products like shower gels , deodorants, sun creams, makeup and lotions, and are used for their exfoliating or ...