Feb 3 (Reuters) – Fiat Chrysler said it was recalling half a million Dodge Chargers worldwide to supply wheel chocks as there was a risk of these vehicles slipping off the jack when tires are being changed. read more >>> Source : Reuters
British Airways will resume flights to Tehran from July, its parent company said on Wednesday. read more >>> Source : BBC
The Calgary-based company planning to build the Energy East pipeline says it has signed a provisional multimillion-dollar order for the construction of 22 modular enclosures along the pipeline route. read more >>> Source : CBC.Ca
Every quarter social media companies report the staggering amounts of users they added over the previous few months, but sometimes it’s hard to visualize how big all of these numbers actually are. Business Insider put together a chart comparing the populations of the seven most populous countries in the world with the monthly active user […]
BAKU, Feb 3 (Reuters) – The International Monetary Fund urged Azerbaijan on Wednesday to boost reforms and diversify its economy in order to withstand a plunge in global crude prices which has badly… read more >>> Source : Reuters
Hellmann’s has figured out that if you can’t beat them, you might as well join them. After suing a vegan mayo maker for false advertising, Hellmann’s parent company Unilever is launching its own eggless spread. The company said Tuesday that its first eggless version of Hellmann’s will hit shelves later this month under the label […]
Toyota is discontinuing its Scion brand, aimed at younger car buyers, after years of slumping sales. read more >>> Source : CTVNews.Ca
Jason Smikle is a Co-Founder/CEO of fNograph, a video-based platform that helps brands observe and interview consumer segments from around the world. Most successful companies are “consumer-first.” And while your job might be hectic at times, your success is ultimately connected to whether or not your product actually helps the consumer solve a problem. But […]
INTERNET giant Yahoo is under pressure to stop millions of pounds worth of tusks and ivory being sold through its Japanese site to help curb the illegal slaughter of hundreds of elephants. read more >>> Source : The Daily Express
* GM says Europe has right cost structure in place (Recasts, adds comments from GM CFO) read more >>> Source : Reuters
A classic 1957 Ferrari is set to become the most expensive car to sell at a European auction this Friday. read more >>> Source : CNBC.Com
The bank is set to pay $1.2 billion to resolve some civil claims related to its FHA lending program. read more >>> Source : CNBC.Com
The world’s largest offshore wind farm is to be built off the coast of England. read more >>> Source : CNBC.Com
CFO Insider is a weekly newsletter from Business Insider that delivers the top news and commentary for chief financial officers and other finance experts. The CFO is dying. Long live the COO (VentureBeat) Coupa Software CFO Todd Ford writes on VentureBeat that the CFO’s role is changing so rapidly it might be obsolete. Now that […]
A closely followed economic indicator showed expansion in services for the 72nd consecutive month. read more >>> Source : CNBC.Com
The US dollar was suffering badly before the publication, on dovish comments and despite good data and now it is suffering even more on bad data. What falls on good data crashes on bad data. The ISM Non-Manufacturing PMI came out at 53.5 points, worse than 55.1 expected and 55.8 seen last month. An ominous […]
As the world of self-employment grows, so do our opportunities. The days of being limited to one type of specialty are gone, replaced by exciting and innovative gigs. Today’s freelancers have incredible options to work when they want, where they want, doing the job they love. There are a ton of freelance possibilities in finance, […]
Sales of SUVs and pick-up trucks in North America helped General Motors to achieve improved profits last year. read more >>> Source : BBC
The CFPB issued a bulletin warning it will crack down on banks that aren’t careful enough when it comes to blacklisting checking customers. read more >>> Source : BankRate.Com
NEW DELHI, Feb 3 (Reuters) – India and the United States are making progress in talks on the joint development of an aircraft carrier for India, the top U.S. navy admiral said on Wednesday, potentially the biggest military collaboration between them. read more >>> Source : Reuters
WASHINGTON, Feb 3 (Reuters) – U.S. Treasury Secretary Jack Lew reiterated to China the importance of transitioning to a market-determined exchange rate in an orderly and transparent way, the Treasury… read more >>> Source : Reuters
Russia’s economy is set to dip deeper into recession according to the latest central bank forecasts. With “substantially lower oil… read more >>> Source : EuroNews.Com
(Reuters) – U.S. private employers added 205,000 jobs in January, above economists’ expectations, a report by a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 195,000 jobs, with estimates ranging from 160,000 to 235,000. Private payroll gains in the month earlier were […]
I was almost going to just put up my Jan 13th post again. That one was titled “Weak Bounce Wednesday“ and we opened that day at S&P 1,923 after bouncing almost exactly as high as we had predicted in Monday’s (Jan 11) “Meaningless Monday Market Movement.” This is why “Groundhog Day” is one of my […]
BAKU, Feb 3 (Reuters) – Azerbaijan is well placed to overcome its major challenges, including slow growth and balance of payments pressures, if the authorities further strengthen economic policies, a… read more >>> Source : Reuters
Yahoo will cut about 15 percent of its workforce as part of a strategy to turn the troubled Internet company around. The long-anticipated purge announced Tuesday will jettison about 1,500 jobs, close some offices worldwide and explore selling some assets. CEO Marissa Mayer hopes to sell some of Yahoo’s unwanted services for about $1 billion, […]
Housing sales in the Toronto area continued to post strong growth in January, with the number of deals up 8.2 per cent from the same month last year. read more >>> Source : CTVNews.Ca
Finally a move in EUR/USD? The pair is making a break. Is it for real? Just earlier today we talked about the narrowing triangle that closes on EUR/USD and it is finally happening. The timing is peculiar: after a better than expected US figure, the greenback is actually falling across the board. ADP NFP came […]
Chinese state-owned group “ChemChina”:http://www.chemchina.com.cn/en/ is set to buy Swiss seeds and pesticides company… read more >>> Source : EuroNews.Com
BRUSSELS, Feb 3 (Reuters) – European lawmakers on Wednesday backed a compromise deal to reduce car emissions that will still allow vehicles to exceed official pollution limits, defying calls for more radical reform following Volkswagen’s emissions-test cheating scandal. read more >>> Source : Reuters
GlaxoSmithKline reports buoyant sales of new drugs in the three months to December, helping to compensate for declines in older medicines. read more >>> Source : BBC
However, the US dollar ended lower yesterday in the global market against its major rivals on sharp slide in crude oil prices. read more >>> Source : EconomicTimes.IndiaTimes.Com
Bill Gross had a big kid in his high school class (which was, we learned, the Los Altos class of ’62). “Long ago and far away in the adolescent cauldron known as Los Altos High School, I attended a senior U.S. history class with a man-child named Delos Roman,” Gross writes in his latest investment […]
Strong earnings in North America and China and a reversal of fortunes in Europe powered General Motors to a record net profit of $9.7 billion last year. read more >>> Source : CTVNews.Ca
RMT union to recommend acceptance of pay and conditions deal for night Tube service in London, executive decides read more >>> Source : BBC
The Canadian dollar has shown some strength of late, but is falling again on oil prices. Is the end of suffering nigh for the loonie? The team at BTMU explains: Here is their view, courtesy of eFXnews: The performance of the Canadian dollar was all about two factors in January – the price action in […]
A disappointing start to the year for eurozone businesses with the dominant service sector suffering just as much as manufacturing. The results of… read more >>> Source : EuroNews.Com
WASHINGTON, Feb 3 (Reuters) – The United States and its allies conducted 20 strikes against Islamic State in Iraq and 11 Syria on Tuesday, the coalition leading the operations said in a statement. read more >>> Source : Reuters
Lowe’s Canada and Rona will create a retailer with 2015 pro-forma revenue of about $2.28 billion, Lowe’s said on Wednesday. read more >>> Source : CNBC.Com
U.S. stock futures were higher this morning, following oil prices which were rising in early trading. The Dow dropped nearly 300 points Tuesday as U.S. crude tanked 5.5 percent. read more >>> Source : CNBC.Com
They control more than half of the world’s wealth, but who are these ultra-rich individuals? read more >>> Source : BankRate.Com
By Malathi Nayak NEW YORK (Reuters) – Comcast Corp posted better-than-expected fourth-quarter revenue on Wednesday, driven by growth in its media and entertainment unit NBCUniversal in addition to its high-speed Internet and business services divisions. The largest U.S. cable operator and the No. 1 U.S. high-speed Internet provider also raised its annual dividend by 10 […]
Mortgage rates fell last week, but so did record amounts of snow across much of the East Coast. Here’s the connection. read more >>> Source : CNBC.Com
* Chinese yuan at 3-week low after Syngenta deal (Recasts, updates prices) read more >>> Source : Reuters
Another day of low oil prices on the global markets has led to another day of serious losses across Asian stock indexes Wednesday. Japan’s benchmark Nikkei index lost a staggering 3.4 percent, while Hong Kong’s Hang Seng and Australia’s S&P/ASX indexes both finished down over two percent. Wednesday’s losses also spread to Seoul, Shanghai, Taipei […]