Business


Get free lipstick from MAC Cosmetics on National Lipstick Day
- July 27, 2018

Although Ruby Woo would make a solid baby name. To score this freebie, just head to the nearest participating MAC store or counter. The free lipsticks are available in 9 shades. But you might want to get their early because it only goes on while supplies last. Beauty fans will get to choose from nine shades, which range from tan and pink to a deeper rouge and plum. (more...)
Snag a dozen Krispy Kreme doughnuts for $1 on Friday Snag a dozen Krispy Kreme doughnuts for $1 on Friday
- July 27, 2018

The deal applies only to Original Glazed Doughnuts though, so don't get fancy with the second batch. Candies lovers can also pick up the new glazed confetti doughnut, available for one week only Friday, July 27 through Thursday, Aug. 2, while supplies last. The special release GlazedConfetti Doughnut is a modern Krispy Kreme take on the nostalgic fan-favorite birthday cake flavor. (more...)
Twitter Shares Plunge 16% After User Numbers Slip Twitter Shares Plunge 16% After User Numbers Slip
- July 27, 2018

That company is battling privacy controversies and rising regulation in Europe while also implementing costly new measures to battle disinformation on its platform. The company, however, said the vast majority of malicious accounts are inactive or caught before they become counted among active users. "Investors are overreacting to (monthly active user) trends", BTIG analyst Richard Greenfield said about the share fall. (more...)
Trump's Tariffs Mean Pricier Coke Trump's Tariffs Mean Pricier Coke
- July 27, 2018

Coca-Cola's CEO James Quincy did talk a bit about the cost issues that factored in the decision on CNBC Wednesday. "That's the freight, that's the metals, the steel, the aluminum going up, the labor going up". How do you feel about the price of Coca-Cola going up in response to Trump's tariffs? "We're not perhaps the most affected sector, but it's out there and we have had to take the price increase", Quincey said. (more...)
Trump 'open' to visiting Moscow for meeting with Putin
- July 27, 2018

Trump trained his ire on FBI Special Counsel Robert Mueller's Russian Federation probe once again on Friday, blasting the "rigged Witch Hunt" as "stupid and unfair to our Country". "I understand very well that President Trump has a wish to have further meetings", Putin said, according to Russian news agency Interfax. "I repeat once again, if the right conditions for work are created". (more...)
MoviePass boosts its stock with a reverse split -- and immediately plunges 35% MoviePass boosts its stock with a reverse split -- and immediately plunges 35%
- July 27, 2018

Trading at the moment with a market cap of $4.45M, MNGA has a significant cash 2.1 million on their books, which will have to be weighed and compared to their $2.83 million in total current liabilities. HMNY has a short ratio of 1.81 compared to a short interest of 4.29 for NBR. Needle moving action has been spotted in Willscot Corp (WSC) as shares are moving today on volatility -1.58% or -0.25 from the open. (more...)
Papa John's founder sues Papa John's for corporate records Papa John's founder sues Papa John's for corporate records
- July 27, 2018

As such, and due to Schnatter's continuing position as a director, he is "entitled to determine" whether they were "grossly negligent or are acting in bad faith, or both" through the review of these documents, his lawsuit says. Schnatter", the lawsuit reads, reports CNBC . The court filing comes as the company tries to distance itself from Schnatter, who says he has been falsely accused and that his resignation was a mistake. (more...)
BHP Billiton shale deal is BP's biggest in 20 years BHP Billiton shale deal is BP's biggest in 20 years
- July 27, 2018

Melbourne-based BHP , the world's top miner, flagged plans previous year to exit the shale sector amid pressure from investors including activist Elliott Management Corp., which argues its foray into onshore oil and gas, along with other decisions, wiped out US$40 billion in value. (more...)
Video shows beatdown at McDonald’s after customer throws milkshake at employee Video shows beatdown at McDonald’s after customer throws milkshake at employee
- July 27, 2018

I tried to hold off but she was talking a lot of smack for a long time. "Put your hands up to not only protect yourself but to create a barrier", she says, adding that a nonverbal gesture like this sometimes can get through to someone who isn't hearing you. (more...)
Slack acquires HipChat and Stride from Atlassian to stave off Microsoft Teams Slack acquires HipChat and Stride from Atlassian to stave off Microsoft Teams
- July 27, 2018

Hipchat and Stride users will be able to continue using those platforms until February, at which point they'll be encouraged to migrate over to Slack, the companies said. Microsoft includes Teams as part of the Office 365 subscription service for businesses, and recently released a free version created to get users hooked on the product. (more...)
Virgin's Unity spaceship sets a new altitude record of 52 kilometers Virgin's Unity spaceship sets a new altitude record of 52 kilometers
- July 27, 2018

Virgin Galactic is only counting on being the first commercial human spaceflight service to turn a profit though. Video of the flight showed the craft with the darkness of space above it as it turned to glide back towards the earth. TSC is the sister company in charge of manufacturing SpaceShipTwo rocket planes and WhiteKnightTwo motherships for Virgin Galactic. Although no date has yet been provided as to when commercial operations will take place, this third powered flight is showing ... (more...)
Chinese State-Owned Shipping Giant Hit by Cyberattack in the US Chinese State-Owned Shipping Giant Hit by Cyberattack in the US
- July 27, 2018

The company's United States employees have resorted to using public Yahoo email accounts to answering customer problems reported via social media. However, Itai Sela, the CEO of maritime cybersecurity firm Naval Dome, cautioned that the attack's reach might be wider than it appears. (more...)
Message From Flawed GDP Report: Growth Will Be Just Fine This Year
- July 27, 2018

The annualized rate of gains in gross domestic product was just shy of the 4.2% median forecast in a Bloomberg survey. Consumer spending grew 4%, more than estimated, while nonresidential business investment climbed at a 7.3% clip. Trump is looking to the humming economy to boost his Republican party's chances in tough congressional elections in November. Second quarter GDP rose at the fastest pace since the 4.9 per cent jump seen in the third quarter of 2014. (more...)
Trains in Sheffield CANCELLED and delayed after lightning strike on signals Trains in Sheffield CANCELLED and delayed after lightning strike on signals
- July 27, 2018

All services between York and Sheffield are affected. "Train services running through these stations will be delayed through the area". "Major disruption is expected until 16:45". "Basically Leeds is not in a good way - similarly the lightening has caused problems elsewhere, so we can't get south out of York, and can't get between Leeds and York". (more...)
Steel stocks are getting whacked on optimism for US-EU trade Steel stocks are getting whacked on optimism for US-EU trade
- July 27, 2018

Agriculture Secretary Sonny Perdue says the plan will help a broad number of farmers deal with the cost of "disruptive markets" as US trading partners have retaliated for President Donald Trump's tariffs on imported goods. In a statement, the head of the US Apple Association said China alone buys roughly 2.5 million boxes of American apples a year. "We are starting the negotiation right now, but we know where it is going". (more...)
Trump References Iron Range, Duluth in Speech at US Steel Plant Trump References Iron Range, Duluth in Speech at US Steel Plant
- July 27, 2018

President Donald Trump delivers remarks at a steel plant in Granite City, Illinois. Trump says he's in Granite City, Illinois, on Thursday "to celebrate a victory". Steel issued a statement saying "Safety remains a priority for U.S. Steel as we continue to investigate the incident". Remember? Remember they said, why would women vote for Trump? China, the European Union, Canada and Mexico have responded with taxes on some US goods. (more...)
British pound steady as Broadbent comments on inflation British pound steady as Broadbent comments on inflation
- July 27, 2018

As reported at 11:18 am (BST) in London, the GBP/USD was trading at $1.3127, up 0.21% and off the session peak of $1.3130 while the low for the trading day is at $1.3072. On top of this, the Pound has benefitted from a lack of particularly strong demand for any rival currencies. As the escalating trade dispute with China is expected to push prices still higher over the coming months United States households look set to come under increased pressure. (more...)
S&P reaches highest level since Feb as Alphabet shares soar S&P reaches highest level since Feb as Alphabet shares soar
- July 27, 2018

Whirlpool tumbled 9.5 percent, after reporting weak quarterly results and cutting full-year forecasts, blaming lower volumes and higher raw material costs, especially in EMEA. "It has been a very good year for earnings and stock prices have not reflected the earnings potential", said Jamie Cox, managing director for Harris Financial Group Richmond, Virginia. (more...)
Bitcoin Rises Above $8,000 For First Time In Two Months Bitcoin Rises Above $8,000 For First Time In Two Months
- July 27, 2018

Nevertheless, investors might also recognize that renewed bullishness surrounding bitcoin has resulted in gains for certain " proxy stocks" which exploded in popularity late past year as traders scrambled for ways to gain crypto exposure in their regular portfolios. (more...)
Centre extends income tax returns filing deadline till August 31 Centre extends income tax returns filing deadline till August 31
- July 27, 2018

For the rest, if they miss the deadline for filing taxes for FY 2017-18 but file it by December 31, 2018, then they are liable to pay Rs 5,000 as penalty. The introduction of new forms also leads to delays in filing of returns. Around 6.84 crore income tax returns were filed during the financial year 2017-18, compared to 5.43 crore filed in the previous year, as per government records. (more...)
Sterling edges up but still beholden to Brexit Sterling edges up but still beholden to Brexit
- July 27, 2018

Moving ahead, the upcoming U.S. macro data - durable goods and advance Q2 GDP growth figures, might provide some short-term directional impetus ahead of next week's BoE monetary policy decision. Previously, May's Brexit secretary (currently Dominic Raab) was primarily responsible for the talks. Rising expectations of a Bank of England interest rate rise - the market is now pricing in an 86 percent chance of a 25 basis point increase at next week's monetary policy meeting - have also helped ... (more...)
Fearless millennial investors are piling into Facebook after its earnings plunge (FB) Fearless millennial investors are piling into Facebook after its earnings plunge (FB)
- July 27, 2018

Stamos reportedly still plans to leave the company next month, following a reorganization that the New York Times said earlier this year took away 98% of the group he managed. Facebook reported revenue of $13.2 billion - a gain of 42 per cent but missing analyst expectation of $13.3 billion. "Bears win this quarter. (more...)
Trump and top European leader agree to work toward zero tariffs Trump and top European leader agree to work toward zero tariffs
- July 27, 2018

Important meeting at the White House today with @JunckerEU and @realDonaldTrump . "They sound nice, but they're rough". Trump backed off from his threat to slap hefty tariffs on automotive imports as part of the agreement. The Jones-Alexander bill would require the independent International Trade Commission to conduct a study of the auto industry before the tariffs could be imposed . (more...)
Bitcoin Price Slides After SEC Rejects Winklevoss ETF — Newsflash Bitcoin Price Slides After SEC Rejects Winklevoss ETF — Newsflash
- July 27, 2018

The decision is also notable for a vociferous dissent by Commissioner Hester Peirce, who wrote that the ruling "dampens innovation" and that the SEC had prevented investors from choosing for themselves whether to invest. According to the SEC's document, BZX argues in its most recent proposal that the "geographically diverse and continuous nature of bitcoin trading makes it hard and prohibitively costly to manipulate the price of bitcoin", rendering it "generally ... (more...)
US Trade Rep.: NAFTA Talks May End In August With Updated Deal US Trade Rep.: NAFTA Talks May End In August With Updated Deal
- July 27, 2018

Labour rights in Mexico have been an important issue in the renegotiation of the North American Free Trade Agreement (NAFTA). Guajardo told reporters after the talks in Washington that he and Lighthizer agreed they would need to get to work in order to hammer out a deal by August. (more...)

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