Facebook is a dozen years old this February 4. The company calls its birthday Friends Day, and its released some pretty amazing statistics about how Facebook friends are connected. read more >>> Source : CNN Money
Oil companies would cover the fee under the plan, which would have difficulty clearing the Republican-controlled Congress. read more >>> Source : CNBC.Com
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. What credit scores look like across America (CreditRepair.com) CreditRepair.com looked at the median credit score for every state in America, and found southern states have the lowest scores in the country. Residents of Mississippi (655), Georgia […]
* U.S. January nonfarm payrolls report looms (Adds analyst comment, updates prices) read more >>> Source : Reuters
Inequality “undermines the fabric of society,” according to Unilever CEO Paul Polman. Unilever has a market cap of around $130 billion, and owns household brands like Axe, Hellman’s, Dove, Knorr, Ben & Jerry’s and Vaseline. “Inequality is probably the biggest prohibitor that we face to creating a sustainable and equitable future for all of us,” […]
MARKS & Spencer has teamed up with model and TV presenter Alexa Chung to fashion a womenswear revival and attract younger shoppers. read more >>> Source : The Daily Express
Shares in Mattel jump 8% following a report that the toy-maker has held merger talks with rival Hasbro. read more >>> Source : BBC
WASHINGTON, Feb 4 (Reuters) – Republican U.S. Senator Rob Portman on Thursday said he opposes the Trans-Pacific Partnership trade deal in its present form, dealing a significant blow to the pact just… read more >>> Source : Reuters
The surviving candidates and political media exited Iowa early Tuesday morning for New Hampshire and beyond, but businesses can learn from what happened to Donald Trump in the Iowa caucuses. The Trump campaign offered “hoopla” that included customer marketing, branding and strategic advertising. As impressive as “Trump Force One” and his organization appeared, The Donald […]
The water crisis in Flint, Michigan has Wall Street scooping up water utility stocks. Investors are betting that more cities and states could push to privatize municipal water utilities. read more >>> Source : CNN Money
SANTIAGO, Feb 4 (Reuters) – An Italian consortium, including construction company Astaldi Spa, is close to securing a contract to build the world’s largest telescope in the Chilean desert, project owner the European Southern Observatory (ESO) said on Thursday. read more >>> Source : Reuters
Jobs day is just a few hours away. Economists forecast that on Friday morning, the Labor Department will say the US economy added 190,000 jobs in January according to Bloomberg: the slowest pace in four months. Goldman Sachs’ Daan Struyven and team are expecting an even lower print, at 170,000, which they bumped down from […]
Danier Leather Inc. said it has entered insolvency proceedings in order to protect itself from creditor lawsuits as it seeks a buyer. read more >>> Source : CTVNews.Ca
* U.S. January non-farm payrolls report eyed (Adds analyst comment, data, U.S. non-farm payrolls expectations; updates prices) read more >>> Source : Reuters
Feb 4 (Reuters) – Click on http://tmsnrt.rs/23LvYB2 for a table that compares U.S. retailers’ January same-store sales with analysts’ estimates as published by Thomson Reuters. ** Gap Inc will report January same-store sales on Monday, Feb. 8. (Bengaluru Newsroom +91 80 6749 1130; within U.S. +1 646 223 8780) read more >>> Source : Reuters
While homeownership has long been deemed the “American dream,” it may not actually make sense for younger Americans right now. read more >>> Source : CNBC.Com
In an ever-increasing food fight for market share, GrubHub (GRUB) reported strong fourth-quarter earnings Thursday morning that gave its stock a much-needed boost. The operator of an online food delivery network reported revenue of $100 million, up 36% year over year and exceeding the consensus estimate of $99.4 million. Earnings per share minus items of […]
A union representing 65,000 workers in British Columbia has signed a declaration vowing to oppose pipelines from crossing the territories of more than 130 First Nations. read more >>> Source : CTVNews.Ca
Finance Insider is Business Insider’s midday summary of the top stories of the past 24 hours. To sign up, scroll to the bottom of this page and click “Get updates in your inbox,” or click here. Infamous former Turing CEO Martin Shkreli just faced Congress. Shkreli, as expected, invoked the Fifth Amendment and seemed to […]
Early signs of capitulation by oil producers could mean a bottom is getting closer. read more >>> Source : CNBC.Com
Amid the wreckage of the crude oil market, Warren Buffett’s already big bet on an oil giant nears $1 billion. read more >>> Source : CNBC.Com
Canadian retailer Danier Leather has begun insolvency proceedings that could lead to a sale of all or part of the company, including bankruptcy. read more >>> Source : CBC.Ca
SHELL warned yesterday that continued weak oil prices would lead to more cutbacks as the company’s annual profit plunged 80 per cent to a 13-year low. read more >>> Source : The Daily Express
The Super Bowl, the championship clash between the two top teams in American Football, is the most-watched sporting event of the year, and advertisers are lining up and paying big bucks to get their commercials on the air. In fact, the TV commercials during the Super Bowl have become one of the most anticipated and […]
I set out recently to write about a new program of down payment (henceforth DP) insurance, but quickly realized that such an article required an extensive preface that clarifies what the DP is and what it is not. The new program is discussed after that. Definition of Down Payment To a home buyer, the DP […]
We have to aggressively fight ultra-low inflation – that was the message repeated by “European Central Bank President Mario… read more >>> Source : EuroNews.Com
This is getting ugly. IEX― a trading venue made famous by Michael Lewis’ “Flash Boys” – and the New York Stock Exchange have gotten into a messy war of words over IEX’s exchange application. The latest installment of this back-and-forth battle arrived Thursday. In an earnings call Thursday, Jeffrey Sprecher, chairman and CEO of ICE, […]
SEVEN years of rock bottom interest rates have cost savers £160BILLION while encouraging people to take on ever higher debts, suggests analysis. read more >>> Source : The Daily Express
Royal Dutch Shell says it’s postponing a final investment decision on its proposed liquefied natural gas megaproject in British Columbia as it grapples with plummeting earnings due to low energy prices. read more >>> Source : CTVNews.Ca
London’s leading shares rise sharply in Thursday trading, with mining stocks leading the rally. read more >>> Source : BBC
MADRID, Feb 4 (Reuters) – Indebted Spanish renewable energy firm Abengoa said on Thursday it would sell its stake in a solar thermal power plant in the United Arab Emirates as it offloads assets in a bid to avoid bankruptcy. read more >>> Source : Reuters
An Uber full of puppies! And other lessons start-ups can learn from Uber’s success. read more >>> Source : CNBC.Com
* Materials, energy lead U.S. stocks higher (Adds open of U.S. markets, byline, dateline; previous LONDON) read more >>> Source : Reuters
As the Trans-Pacific Partnership (TPP) “free-trade” agreement was signed in New Zealand by representatives of the 12 participating countries, Democratic presidential candidate Bernie Sanders strongly voiced his opposition and committed to doing what he can to kill the deal if he is elected president. Rival Hillary Clinton has also stated opposition to the TPP, but […]
Kik Messenger, a Canadian-made smartphone app popular among younger teens, is on the defensive following the stabbing death of a 13-year-old girl in Virginia who told friends she was using Kik to connect with an 18-year-old man. read more >>> Source : CBC.Ca
Use tax software? Then you could be a target of phishing scams seeking to steal your identity this filing season. read more >>> Source : BankRate.Com
The Bank of England has kept rates at a record low of 0.5% for the 83rd month in a row. Homeowners and others with a lot of debt will be rejoicing at the unanimous 9-0 decision by the BoE’s rate setting panel — the Monetary Policy Committee — to keep rates low. This is because […]
A Canadian Crown corporation paid out a travel claim to the chair of its board based on a false receipt, and approved two taxpayer-funded trips to international conferences that overlapped with his private business interests, CBC News has learned. read more >>> Source : CBC.Ca
I was recently asked if I had any financial advice for 20-somethings. As I wrote out my thoughts, and reflected back on 10 years helping newlyweds make their wedding and honeymoon dreams come true without blowing their budget, I realized that a few smart money moves in one’s twenties can be hugely impactful on future […]
The CEO of Canada’s biggest oilsands player says about 1,700 jobs were shed over the past year or so — far surpassing its original target. read more >>> Source : CTVNews.Ca
MEAGUI, Ivory Coast, Feb 4 (Reuters) – The quality of cocoa in top grower Ivory Coast’s main crop has already fallen to levels normally seen later in the year as poor weather takes its toll, raising fears for the April-to-September mid-crop, exporters and farmers said on Thursday. read more >>> Source : Reuters
Morgan Stanley has downgraded its outlook for oil prices, expecting the supply and demand imbalance to continue for another two years. read more >>> Source : CNBC.Com
A court hearing into whether Navinder Sarao, the so-called “flash crash” day trader, can be extradited to the US has begun. read more >>> Source : BBC
The market doesn’t think the Fed will raise rates until 2017. After the Federal Reserve raised interest rates in December for the first time in nine years the big question was: “When’s the next one?” The most aggressive forecasts for the Fed in 2016 called for four rate hikes, which most assumed would occur in […]
WASHINGTON, Feb 4 (Reuters) – International Monetary Fund Managing Director Christine Lagarde said on Thursday that low oil and commodities prices would continue for some time, and the Fund will… read more >>> Source : Reuters