• European Union autumn forecast bumps up Bulgaria 2017 growth estimate to 3.9%

    European Union autumn forecast bumps up Bulgaria 2017 growth estimate to 3.9%

    Money

    The outlook was positive for Spain despite the crisis over Catalonia, with its growth foreacast upgraded to a robust 3.1 percent for this year, leading the eurozone's major economies. Despite the upbeat projections, the European Union said it still faces labor, wage and inflationary pressures that are compounded by risks posed by the U.K.'s exit from the bloc and President Donald Trump's protectionist economic policies.
  • Former CEO of Yahoo testifies before Congress

    Money

    Mayer testified in front of the Senate Commerce Committee Wednesday regarding two massive data breaches at Yahoo. "Unfortunately, while all our measures helped Yahoo successfully defend against the barrage of attacks by both private and state-sponsored hackers, Russian agents intruded on our systems and stole our users' data", she said.
  • Hidden Valley Ranch Keg now available for holiday season

    Hidden Valley Ranch Keg now available for holiday season

    Money

    Preloaded with what they consider "a year's worth" of the creamy sauce, it's the flawless gift for the person in your life who puts ranch on literally everything . Hidden Valley also has gifts for the ranch lovers who prefer to show their boldness through their fashion. It is a year supply of Hidden Valley Ranch after all! It's now available for pre-order and will ship on December 11.
  • No safety driver in Waymo's self-driving vehicle taxi fleet

    No safety driver in Waymo's self-driving vehicle taxi fleet

    Money

    Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. "Waymo's work here in Chandler is groundbreaking as they work toward their goal of fully autonomous vehicles", said Chandler Mayor Jay Tibshraeny, in a statement provided by Waymo.
  • Jersey Tax Haven: Apple Used Channel Island To Avoid US Taxes

    Jersey Tax Haven: Apple Used Channel Island To Avoid US Taxes

    Money

    Then, the company relocated its global corporate structure to Jersey in the beginning of investigation. Until 2014, Apple channelled sales outside of America through Irish companies, which kept taxes low. Apple's offshore profits aren't taxed by the U.S. and they're largely untouched by other governments. The Papers are just a few of the hundreds of thousands leaked from offshore law firm Appleby, which recently warned its super-rich clients of a data breach in September previous ...
  • Qualcomm expected to keep their extra m and say no to Broadcom

    Money

    We will maintain our fair value estimates of $68 for narrow-moat Qualcomm and $203 for narrow-moat Broadcom, but we would probably raise our fair value estimate for Broadcom-perhaps as much as 25%-if a definitive deal were reached. Qualcomm is in the midst of its own acquisition with its purchase of NXP Semiconductors. "Broadcom management comments about "confidence that our common global customers would embrace the proposed combination" could mean that the company has had discussions with ...
  • 21st Century Fox Has Held Merger Talks With Disney

    21st Century Fox Has Held Merger Talks With Disney

    Money

    Reports in the Wall Street Journal and CNBC television said the discussions over the past few weeks had so far made little progress toward a deal. Could the Walt Disney Company be buying Fox? At this time it is unsure if they are looking at selling off cable networks like FX but it is reported that FOX would keep its Fox Broadcasting Co and ownership of their FOX local affiliates.
  • United Kingdom auto sales in October down for seventh consecutive month

    Money

    Elsewhere, BMW's 4 Series has shot into the top ten for the very first time this year, while Mercedes continues to make its presence felt thanks to the A-Class, while the C-Class retains its position of number eight in the year-to-date. This aligns with SMMT's latest forecast for 2017, published last week, with the market expected to end the year on 2.565 million units - a -4.7% decline.
  • Netflix Email Scam Targets Millions Of Subscribers

    Netflix Email Scam Targets Millions Of Subscribers

    Money

    The scam is pretty convincing, with the Netflix logo displayed across the top of the email and the subject line reading "Your suspension notification". The new scam has already targeted roughly 110 million Netflix subscribers. The cyber-security firm notes that scammers can design the fake email and bogus websites in a way that it is nearly impossible to identify.
  • Saudi Arabian heir tightens his grip on power

    Saudi Arabian heir tightens his grip on power

    Money

    Official justifications notwithstanding, the sweep was widely seen as as a move to consolidate power around Crown Prince Mohammed bin Salman , the 32-year-old heir to the Saudi throne now occupied by his father, King Salman bin Abdulaziz Al Saud.
  • U.S. deal a lie, choose NZ - Manus refugee

    U.S. deal a lie, choose NZ - Manus refugee

    Money

    Under that deal, up to 1,250 asylum seekers could be sent to the United States and Australia will in turn accept refugees from Central America. "We will not have our immigration program, our sovereignty, our borders, outsourced to people-smugglers", he said.