Business
Rural UK properties to get superfast broadband boost
A further £150m has been recouped from "careful contract management by the government, local authorities and BT" across 44 projects as the first phase of rollout draws to a close. With a further 3,494 premises due to be delivered by Spring 2018, that will mean 92 per cent of households and businesses in the constituency will have access to superfast broadband.
Business
Ikea Will Pay $50M to Families of Toddlers Killed By Falling Dressers
The families of the children sued IKEA , claiming that the set of drawers was "inherently unstable" and disposed to toppling, according to the law firm, and that the company knew of prior tip-over episodes but "refused to re-design its furniture products to be more stable".
Business
Advanced Micro Devices, Inc. (NASDAQ:AMD), Chesapeake Energy Corporation (NYSE:CHK)
Analyst's mean target price for NRG is $15.93 while analysts mean recommendation is 2.20. The share price of Advanced Micro Devices, Inc . Following the transaction, the senior vice president now directly owns 688,116 shares of the company's stock, valued at approximately $6,110,470.08.
Business
Eastern Air Defense Sector to Help Track Santa Claus on Christmas Eve
NORAD Tracks Santa is truly a global experience, delighting generations of families everywhere. The Santa tracking tradition started in 1955, when a Colorado Springs, Colorado Sears Roebuck & Co. NORAD had inherited the tradition from CONAD in 1958. Beginning at 12:01 a.m. Mountain Såçtandard Time (MST) on Christmas Eve (Saturday, Dec. 24), children of all ages can watch Santa make preparations for his flight.
Business
Banks lead U.S. stocks higher as Dow inches closer to 20000
Scheduled economic data includes existing home sales for November, which likely dropped 1.0 percent to an annual rate of 5.5 million. That helped financial firms. Brent crude, the global standard, gave up 17 cents to $55.04 a barrel in London. CURRENCIES: The dollar slid to 116.96 yen from 118.01 yen. The euro fell to $1.0375 from $1.0404.
Business
Offices close for Christmas holiday
Some will be taking off additional days to allow their employees to spend extra time with their families for the holiday. Because Christmas Day and New Year's Day fall on Sunday, post offices will be closed Monday, Dec. 23-Monday, Dec. 26, for Christmas, and on January 2 for New Year's. Offices will be open and mail will be delivered as usual Friday. The Christmas and New Year's holidays will affect hours of operation for area businesses and organizations.