By Lisa Baertlein | LOS ANGELES LOS ANGELES McDonald’s Corp (MCD.N) investors will vote soon on whether to give the franchisees who operate most of the fast-food chain’s restaurants the opportunity to elect a board member, the proponent of a shareholder proposal said on Friday. The proposal, which faces long odds of success, is believed to be the first of its kind and has attracted great interest […]
For Diana Sugg, writing a big story is a little bit like eating a slice of pizza. Don’t try to bite off more than you can chew at the beginning, said Sugg, a Pulitzer Prize-winning editor at The Baltimore Sun. Start with the small end. The slice — and the story — gets wider the farther in you go. At the beginning, find something appetizing and easy to “swallow” […]
Tiffany & Co (TIF.N) reported fourth-quarter profit ahead of analysts’ estimates as it sold more jewelry in Japan and China, sending shares to a 19-month high in morning trading on Friday. Sales in Japan were bolstered by the brand exposure Tiffany got through a popular television show last year and a strong yen helped boost spending by Japanese tourists in other regions, Tiffany’s Chairman and interim Chief […]
Friday 13:30 GMT What you need to know ● Dollar index nudges up after hitting five-week low● Short term US bond yields inch higher● Global stocks at record as Wall St gains ground● Oil prices firmer after volatile week● Gold advances towards $1,230 an ounce——————- Hot topic Has the buck bounce run its course? The dollar index (DXY) — a measure of the greenback against a basket […]
In electronics, the race for smaller is huge. Physicists are working to harness the power of nanowires, microscopic wires that have the potential to improve solar cells or revolutionize fiber optics. (via WSJ)
Gullible as they are, eating around 800 million tons of insects in a year, the spiders are nature’s gift — natural pest control at no cost. This goes without saying that not all insects are pests, which is particularly true with spiders that spied on other insects for meals. “Our estimates for spiders appear to be of the same order of magnitude as the prey killed by […]
Researchers say they have developed a way to “grow” thin layers of gold on single crystal wafers of silicon, remove the gold foils, and use them as substrates on which to grow other electronic materials. (via WSJ)
Key points ● Treasury yields have fallen, with the 10-year yield lower by 9 basis points to 2.50 per cent● Market expectations for at least four Federal Reserve rate increases this year dipped to less than one-in-five● Wall Street has extended gains, S&P 500 gaining as much as 0.9 per cent to 2,387.23● US dollar falls across the board, with the dollar index down 1 per cent […]
The technicians who are inspecting the telescope and its expansive golden mirrors look like ghostly wraiths in this image as they conduct a “lights out inspection” in the Spacecraft Systems Development and Integration Facility (SSDIF) at NASA’s Goddard Space Flight Center in Greenbelt, Maryland. Source link
A grand jury in California has charged four people — including two Russian intelligence officers — in a pair of computer hacks against Yahoo that victimised hundreds of millions of consumers, the US Justice Department said on Wednesday. The men penetrated Yahoo’s email accounts, often using “spear phishing” emails, and used information they obtained to access other accounts at Yahoo and Google. Among those targeted were Russian […]
It is fitting that just a few hours until the Fed’s second rate hike in two quarters, and one day after Goldman downgraded global stocks to Neutral for the next 3 months, not to mention with the results of the anticipated Dutch election due shortly, that global stocks as well as S&P futures are higher, while crude oil has finally managed to stage a rebound as the […]
15 March 2017 Dubai, UAE – Al Shafar General Contracting Company (ASGC), a leading and award-winning UAE construction group, was the recipient of the Roads and Transport Authority’s Best Mega Construction Projects Contractor Award. The award was presented by Mohammed Obaid Al Mulla, Board Member of the RTA’s Board of Directors, and received by Abdul Aziz Mohamed Bin Shafar, Vice President and Executive Director of ASGC, during […]
NEW YORK — Millions of records from a commercial corporate database have been leaked. The database, about 52 gigabytes in size, contains just under 33.7 million unique email addresses and other contact information from employees of thousands of companies, representing a large portion of the US corporate population. Dun & Bradstreet, a business services giant, confirmed that it owns the database, which it acquired as part of […]
Tuesday 15:10 GMT What you need to know ● Pound under pressure amid Brexit and Scottish secession worries● Sterling drops below $1.22 and euro edges up towards 88p● S&P 500 down 0.5 per cent as sliding oil hits energy stocks● Treasury yields little changed ahead of Fed decision——————- Hot topic The UK pound is back under pressure as traders become concerned that Edinburgh’s demand for a another […]
The pound took a tumble on Tuesday after politicians paved the way for Article 50 to be triggered this month, leading analysts to warn that Brexit was still not priced in to the value of the UK currency. Sterling fell as much as 0.9 per cent in Tuesday morning trading to just above $1.21, its weakest level since Theresa May, prime minister, promised a parliamentary vote on […]
After several rumors and teases, Tag Heuer itself leaked the details of its upcoming Android Wear 2.0 smartwatch before the device’s official announcement. Tag Heuer posted information regarding the smartwatch, named the Connected Modular 45, on its official website before the March 14 announcement date, revealing a few things that customers can expect from the device. Tag Heuer Connected Modular 45 Specs And Features The Tag Heuer […]
The digging into Kevin Deutsch’s reporting history intensified Monday when a new investigation called into question the veracity of several sources that appeared in his stories. The report, written by Sydney Smith of the journalism watchdog iMediaEthics, identified discrepancies in eight sources from stories written by Deutsch for The New York Times, Newsday and the New York Daily News. The investigation comes weeks after The New York Times published […]
Okta, the identity and device management firm based in San Francisco, has filed to go public. According to its S-1 form with the US Securities and Exchange Commission, Okta plans to raise up to $100 million of Class A common stock through an initial public offering and trade on the NASDAQ market under the symbol OKTA. Goldman, Sachs, JP Morgan Securities and Allen & Company are lead […]
With poles instead of broomsticks between their legs, competitors battle it out in a sport usually reserved for witches and wizards and described by one enthusiastic participant as “organized chaos”. They are competing for the British Quidditch Cup, in a tournament which draws its inspiration from the magical “Harry Potter” universe created by author J.K Rowling but which has had to be modified to allow for the […]
By Tova Cohen and Ari Rabinovitch | JERUSALEM JERUSALEM U.S. chip giant Intel (INTC.O) has agreed to buy Israeli driverless technology firm Mobileye (MBLY.N) for $15.3 billion, the largest ever acquisition of an Israeli high-tech company. The $63.54 per share cash deal is the world’s biggest purchase of a company solely focused on the autonomous driving sector. Mobileye accounts for 70 percent of the global market for […]
Investors are primed for a more aggressive policy stance from the Federal Reserve, setting the stage for an escalation in the selling of Treasury bonds. With the US central bank expected to raise its overnight interest rate by a quarter-point on Wednesday, scrutiny will focus on Fed chair Janet Yellen’s press conference and policymakers’ projections for official interest rates over the coming years, known as the dot […]
Stuart Gulliver has told the HSBC board he will quit as chief executive next year, making the search for his successor a priority for Mark Tucker, who has decided to leave Asian insurer AIA to become the bank’s chairman. The appointment of Mr Tucker was announced before the Hong Kong market opened on Monday by AIA and HSBC, which first approached the insurer’s president and chief executive last […]
The Trump administration’s sweeping dismissal of dozens of US attorneys held over from the Obama administration leaves the president with sudden gaps in top law enforcement positions across the country. The swift dismissals which began with Friday phone calls from Dana Boente, the acting deputy attorney-general, to 46 US attorneys, now puts pressure on the Trump administration to select candidates who will pass congressional scrutiny to fill […]
LONDON HSBC Holdings Plc is lining up Mark Tucker, currently chief executive of insurer AIA Group Ltd, to be the next chairman of Europe’s biggest bank, sources with direct knowledge of the matter said on Sunday. Regulators in Hong Kong and London have signaled they will approve the appointment, one of the sources said, paving the way for Tucker to take up the role in the autumn. […]
