In a mini-tweetstorm Friday that combined references to alleged unfair treatment of his spokespeople and the firing of FBI Director James Comey, President Trump raised the possibility of canceling regular briefings with the White House press corps. The Fake Media is working overtime today! — Donald J. Trump (@realDonaldTrump) May 12, 2017 …Maybe the best thing to do would be to cancel all future “press briefings” and […]
Earlier today, when looking at BofA’s internal credit and debit card data, we warned to expect a miss in retail sales: And, sure enough, the actual spending data once again did not disappoint when moments ago the Census reported April retail sales which, well, did disappoint across the board: Retail Sales up 0.4%, missing expectations of +0.6%, up from an upward revised 0.1% Retail sales up 4.5% […]
May 12, 2017 IMPHAL, India – Fifteen seconds into the opening match of the 10th Manipur International Polo Tournament, after a long and feverish drumming performance, after the Manipur state chief minister had been properly honored with gifts and praise, after mounted players had paraded around the Mapal Kangjeibung polo ground with country flags held high, the home team scored on the Australians. It was a bright […]
When developer Spike Chunsoft revealed plans to resurrect the long-running Fire Pro Wrestling series with the upcoming Fire Pro Wrestling World, a small but ridiculously passionate slice of the gaming community collectively lost its mind. I was a part of the madness. The last true Fire Pro title—ignoring the Japan-exclusive social game and the awful, avatar-focused Xbox Live Arcade title—was the PlayStation 2’s Fire Pro Wrestling Returns […]
Police in Dubai have recovered AED3 million ($810,000) in cash robbed from a security vehicle by six staff working for company that operates the vehicle, a senior police official has said. The gang of six Asian employees was caught by police before they could smuggle the money out of the country, said Major General Khalil Ibrahim Al Mansouri, assistant Commander-in-Chief of Dubai Police for Criminal Investigation in […]
European equities funds have enjoyed a $6.1bn rush of new inflows around the election of Emmanuel Macron. “Allez les flows“, says Bank of America Merrill Lynch, suggesting there’s still much further to go. “Our European Equity Strategist Ronan Carr argues Europe inflows are barely halfway to levels consistent with prior market peaks,” it says. (Read our full story on flows for more detail.) The new-found enthusiasm comes […]
Balikatan 2017 highlights humanitarian assistance & disaster response as well as counter-terrorism operations. Photo by Chiara Zambrano, ABS-CBN News. Troops from the Philippine and United States Army conducted urban search and rescue exercises in Fort Magsaysay, Nueva Ecija Friday, as part of humanitarian assistance and disaster response (HADR) training for Balikatan (shoulder-to-shoulder) exercises 2017. Simulating a disaster in the city, the two armies practiced search and extraction […]
The recently published study disproving the generally accepted notion that high-fat dairy products — such as cheese, butter and milk — are harmful to the heart has sparked a heated debate over the health benefits and disadvantages of saturated fat. The research, conducted by the Reading University in Great Britain in collaboration with Copenhagen University in Denmark and Wageningen University in the Netherlands, documents that full-fat dairy […]
The yield on Chinese five-year government bonds hit its highest since 2014 on Friday, as tight liquidity and a regulatory crackdown on leveraged investment caused a rarely seen inversion of the yield curve. Bond yields, which move inversely to price, have been on the rise since last October as the People’s Bank of China moves to discourage the use of borrowed money for bond investment. The bond […]
United Kingdom telecommunications provider BT has announced that broadband arm Openreach is now consulting with industry and consumers on potentially rolling out a full-fibre broadband network. “We aspire to be the UK’s digital champion. To achieve this, we’re ready to invest in the UK’s digital infrastructure, in continued improvements in our customer service, and in new technologies to further enhance customer experience,” BT CEO Gavin Patterson said. […]
Profits take a hit at Entertainment One. FT Opening Quote is your early Square Mile briefing. You can sign up for the full newsletter here. Efforts to strengthen Entertainment One’s film division will hit its full-year profits by almost £50m, the company announced today, after it renegotiated one of its main distribution agreements, writes FastFT. Entertainment One is best known for producing television programmes such as Peppa […]
We recommend viewing the full-size version of today’s infographic by clicking here. Everyone knows that the U.S. Federal Government has roughly $20 trillion of debt. A question we often get, however, is who exactly owns all these treasuries? And if it’s held abroad by countries like China, what portion do they hold? Today’s infographic comes from TitleMax, and it looks at who owns U.S. debt internationally, as well as the debt […]
Australian grocery chain giant Coles currently gains valuable data on its customers’ purchasing habits, but only if they use the company’s loyalty card upon checkout either online or on in-store. While the data aggregated at those touch points is beneficial to the company, Melissa Ross, head of digital experience at Coles Group, said it tends to result in the organisation making assumptions on customers it has less […]
By Nick Carey | ORWELL, Ohio ORWELL, Ohio Three years ago if a customer walked onto Dan Reel’s used car lot seeking a late-model off-lease Ford Escape, his answer was short: tough luck. The supply of lightly-used cars and trucks was tight because automakers had drastically cut back on bargain leases during and after the Great Recession. Recently, though, a computer search for available used vehicles within […]
The supercapacitor invented by researchers from UCLA and the University of Connecticut could lead to pacemakers and other implantable medical devices that last a lifetime. Credit: Islam Mosa/University of Connecticut and Maher El-Kady/UCLA Researchers from UCLA and the University of Connecticut have designed a new biofriendly energy storage system called a biological supercapacitor, which operates using charged particles, or ions, from fluids in the human body. The […]
Beijing is enjoying an unusually long run of clear blue skies thanks to widespread industrial closures ahead of the most important international event hosted by President Xi Jinping. The “New Silk Road” summit has attracted 29 national leaders from four continents and also prompted a nationwide security clampdown, as authorities try to ensure that it proceeds without a hitch. More than 80 other countries, including North and […]
Pantech, Korea’s third-largest handset maker, has suspended its smartphone business and will commence restructuring, a move that could see it end for good despite surviving a dramatic bankruptcy filing two years ago. In an email to employees, Jung Jun, the chairman of Optis, the parent company of Pantech, said the company will halt production of smartphones and commence the restructuring. The company will retain its Internet of […]
New York Minute US stocks tumbled on Thursday morning and despite clawing back some of the losses the benchmark equity index ended the day down 0.2 per cent, says Robin Wigglesworth. May 12, 2017 Filmed and edited by Donell Newkirk. Source link
My interest in networking began during my time as a professor and head of the telecommunications lab at the University of Los Andes, in Merída, Venezuela, where we began experimenting with computer networks. I was one of the earliest Internet enthusiasts at our university. Our university was the first in Venezuela to get direct access to the Internet backbone in Homestead, Florida, by means of an antenna […]
Investors poured $6bn of new capital into European stock funds in the past week, underlining the voracious appetite for assets across the continent as growth accelerates, earnings recover and several of the bloc’s largest countries move past critical elections. The amount of flow in the five days to May 10 is the first time the weekly amount has passed $6bn since at least 2000 when EPFR began […]
Michael Dell at Dell EMC World Image: Asha McLean/ZDNet Although Dell EMC operates in approximately 180 countries, not all of the products and services from the company’s bag of tricks are available everywhere. When it comes to Australia, however, Michael Dell told ZDNet that Australia is pretty high up on the priority list, giving local organisations access to almost the entire Dell EMC stack ahead of many […]
The Minneapolis Star Tribune turns 150 later this month. In honor of that milestone, a Minneapolis brewery made a pale ale in the newsroom’s honor. In a press release, Fulton Brewing Company’s head brewer, Mike Salo, explains how the beer was made. (And he just might have a future in writing if the whole beer thing falls through.) Extra! Extra! Pale Ale is an American pale ale […]
It’s been a strange day in Washington, as top intelligence officials and even US President Donald Trump appeared to question his own statements on the firing of FBI director James Comey. Andrew McCabe, the FBI acting director, contradicted Mr Trump over the firing of Mr Comey, denying in testimony to the Senate intelligence committee that the ousted chief had lost the support of employees as he insisted […]
For IT executives and professionals, adoption of Agile and DevOps approaches is a no-brainer — encouraging collaboration on software projects at all stages helps get projects out the door faster, with the blessings of the business. Everybody feels better about the deliverable. Photo: HubSpot However, it’s not clear how much value businesses are actually seeing out of such efforts. It’s not that DevOps and Agile are not […]
