Markets

Iced Tea Company Changes Name to

Iced Tea Company Changes Name to "Long Blockchain", Stock Immediately Skyrockets

Literally just say the word " blockchain ", apparently. Long Blockchain will focus on "the exploration of and investment in opportunities that leverage the benefits of blockchain technology", according to a statement from the company. It now trades up 126 percent over its pre-announcement value. Shares in the company were up 180 percent to $6.83 in afternoon trading on the tech-dominated Nasdaq. Read More

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Ryanair Strike Remains On For Now

Ryanair Strike Remains On For Now

On Saturday evening Ryanair issued a statement, offering to meet the union and their Ryanair Pilot Committee on Tuesday "if that would suit them better". It is the first time Ryanair boss Michael O'Leary has extended such an invitation to union leaders in the 32 years the company has been flying. It has asked the airline to release its pilot representatives so they can prepare for and attend the meeting. Read More

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Salvation Army bell ringer brings goat with him

Salvation Army bell ringer brings goat with him

The Salvation Army of Metro Detroit's overall fundraising goal is $7.85 million, and as of Friday, the organization has raised more than $3.5 million toward that goal. "Without sufficient donations to the kettle campaign, I am concerned about our ability to meet the need for social services and continue providing the same level of service across the region", said Stephen Banfield, that division's commander. Read More

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Volunteers scarce for Salvation Army Kettle Campaign

Volunteers scarce for Salvation Army Kettle Campaign

In fact, with only nine days left in the holiday campaign, they need $17,000 to reach their goal. We still have three others where we're going to give out another 413 care packages. "We're volunteers, so we're not paying anybody. They get big smiles on their faces and it makes them part of the operation of giving", said Canfield. Read More

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Lufthansa drops bid for Niki, plunging Austrian airline into trouble

Lufthansa drops bid for Niki, plunging Austrian airline into trouble

German flag carrier Lufthansa said Wednesday it was abandoning its efforts to acquire Niki, citing persistent objections by European Union antitrust regulators against a possible tie-up between the two airlines. Niki Lauda said he was interested in buying the airline back. Lufthansa said on Wednesday it still meant to pursue growth plans for its Eurowings budget subsidiary and would apply for any Niki slots that become free in the event of an insolvency. Read More

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Gujarat polls; Modi casts vote in Sabarmati

Gujarat polls; Modi casts vote in Sabarmati

Modi had vacated the constituency after becoming the PM in 2014. "What is the reason for secret meeting with Pakistanis", reports TOI. In a tweet, Mr Modi said it was a unique experience. The Election Commission has deployed hundreds of companies of the Central Armed Police Forces, 12 companies of Rapid Action Force and 19 companies of the State Reserve Police Force for the assembly polls. Read More

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Locals protest to 'Save the Net'

Locals protest to 'Save the Net'

That's what locals were saying Thursday as they turned out to protest the possible end of net neutrality. A group of internet advocates got together in Fayetteville to protest Net neutrality. Map of plan protests at Verizon stores and other locations. The leaflet, however, did not endorse net neutrality, which Verizon has publicly opposed, instead supporting the "lightly regulated environment" of the internet before the 2015 net neutrality rules were implemented. Read More

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Drone fell in Doklam: China

Drone fell in Doklam: China

Sun Shihai, a researcher at the Chinese Academy of Social Sciences, said the talks, which were initiated in 2003, had become an important channel for communication between top Chinese and Indian diplomats on a wide range of issues beyond the border dispute itself. Read More

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Sensex shot up by 301.09 pts

Sensex shot up by 301.09 pts

The broader NSE Nifty too went past the 10,200-level. Bank stocks, in fact, fell on Wednesday after the RBI chose to keep the repo rate unchanged in its monetary policy review. Polls indicate a victory for the ruling Bharatiya Janata Party (BJP), but with a greatly reduced majority. The markets opened the Thursday's session on a positive note with key benchmark indices extending intra-day gains. Read More

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IATA sees better airline profits in 2018 despite rising costs

IATA sees better airline profits in 2018 despite rising costs

That's according to research by IATA , the International Air Transport Association . 2018 is expected to be the fourth consecutive year of sustainable profits. "Asia-Pacific is leading the way in terms of growth and is clearly the centre of gravity in terms of where the industry is going", said IATA chief economist Brian Pearce, adding that a bigger market size, however, may not necessarily correlate with better profitability. Read More

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Ireland starts collecting back-tax from Apple

Ireland starts collecting back-tax from Apple

In fact, the European Commission had ordered the government of Ireland to collect the "back taxes" only after concluding that two Irish tax coding permitted by Apple, that is to pay less tax than other businesses. For several years, Apple has only been paying one per cent on corporation tax in Ireland, but this was due to an agreement between the firm and the country. Read More

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Amazon launches in Australia, retailers urged to prepare for battle

Amazon launches in Australia, retailers urged to prepare for battle

The much-vaunted Prime service - which bundles offerings like priority shipping, streaming and Kindle content in one package - is not now available, with expectations it'll come in mid-2018. Amazon also sells its own brand of accessories like cables. Chairman of the Australian Competition and Consumer Commission Rod Sims last week said the arrival of Amazon would be good for consumers, but less so for incumbent retailers. Read More

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Winklevoss twins are now bitcoin billionaires

Winklevoss twins are now bitcoin billionaires

The Winklevoss twins have become the first billionaires to make their money from Bitcoin . That stratospheric rise has made millionaires out of many of bitcoin's early backers, but the twins are believed to be the first public figures to have turned an investment into more than US$ 1 billion , the Daily Telegraph reported on Sunday. Read More

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Jimbo Fisher leaving FSU to become head coach at Texas A&M

Jimbo Fisher leaving FSU to become head coach at Texas A&M

Defensive line coach Odell Haggins will be the interim coach. A private flight is scheduled to leave Tallahassee early Friday for College Station, Texas. They are 19-12 in their last 31 games, including 10-10 in the ACC. Sumlin went 51-26 in six seasons with the Aggies. On ESPNU SiriusXM radio Thursday, Fisher said he was not going to talk about potential jobs. Read More

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A German Christmas market was evacuated after police found an explosive device

A German Christmas market was evacuated after police found an explosive device

Earlier, officers said special forces were examining the object, which was described by the Potsdamer Neueste Nachrichten newspaper as a package measuring 40cm (15.75in) by 50cm that had been delivered to a pharmacy near the market. It contained suspicious wires and electronics, according to a local newspaper. In that case, a Tunisian man hijacked a truck and drove it into a crowded market, killing 12 people in an attack that was later claimed by the Islamic State group. Read More

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GDP growth expands to 6.3 per cent, boost to govt

GDP growth expands to 6.3 per cent, boost to govt

The senior Congress leader said, "We should wait for the growth rates over the next 3-4 quarters before we can reach a definite conclusion". The Narendra Modi government on Thursday cited its policies for the acceleration of the country's gross domestic product (GDP) to 6.3 per cent during the second quarter (Q2) of 2017-18. Read More

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Your Guide to Thanksgiving Travel

Your Guide to Thanksgiving Travel

In preparation for the expected 50 mile average journey people will be taking this holiday weekend, auto maintenance is crucial for safe journeys. The AAA also reported that 89 percent of all travelers, or 45.5 million people, are planning a Thanksgiving road trip, which increased 3.2 percent compared to previous year. Read More

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Uber adding 24000 self-driving Volvo XC90s to its fleet

Uber adding 24000 self-driving Volvo XC90s to its fleet

Volvo's and Uber's longstanding partnership is an example of automakers and car-service tech firms teaming up to advance self-driving technology to open up what is expected to be a multi-billion-dollar business. The XC90 will take a testing period with safety driver and then the company will make a test of the vehicle running without safety driver so as to check whether the auto is able to give proper autonomous driving. Read More

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BJP, government cheer Moody's ratings upgrade

BJP, government cheer Moody's ratings upgrade

President of industry chamber Ficci Pankaj Patel said the development underlines the fact that India is moving in the right direction. "Over a point of time, this will reduce borrowing costs of the government and financial institutions and result in increased investor confidence in the India growth and reform story", SBI Chairman Rajnish Kumar said. Read More

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Homicide Detective Killed While Investigating Case

Homicide Detective Killed While Investigating Case

When Suiter approached a suspicious man, the man opened fire, police say. Sean Suiter, an 18-year veteran of the department, died at a hospital Thursday. She said Baltimore can and will "do better", if all city residents pitch in. "He may be wounded", Davis says. Davis said police believe one or two people may know or suspect who killed Suiter, and the shooter may have interacted with people in the hours since shooting Suiter. Read More

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