Business

Producer Prices Rose 0.6% in January

USA producer prices rose more than expected in January, recording their largest gain in four years amid increases in the cost of energy products and some services, but a strong dollar continued to keep underlying inflation tame. US wholesale prices jumped in January by the most since September 2012, led by higher costs of gasoline and indicating inflation is beginning to stir.

Business

Tour bus flips over on Taiwan highway, killing 32 people

As of 11:45 p.m., 32 people had died in the crash, including two who had been hospitalized, and the other 12 were being treated at nearby hospitals for severe injuries. It was taking tourists back from a trip to see cherry blossoms when it crashed, Taipei city Deputy Mayor Teng Chia-ji said. An accident involving a tour bus in Taiwan has left more than 30 people dead.

Business

JC Penney Company Inc (NYSE:JCP) & People's United Financial, Inc

Penney Company, Inc. Holding Company by 4.4% in the third quarter. Relative volume is ratio between current volume and 3-month average value, intraday adjusted. Current Analysts Rating Alert about J.C. Penney Company, Inc. Zacks Investment Research lowered shares of J.C. Penney Company, Inc. The Company got Downgrade by Credit Suisse on 18-Jan-17 from Neutral to Underperform.

Business

Judge to hear arguments on Dakota Access pipeline work

District Court in Washington, D.C. Before the hearing, an attorney for the Native American tribes spoke to the media, contending that the Dakota Access Pipeline would obstruct "free exercise" of religion if it is allowed to be completed. An American Indian tribe challenging the pipeline raced to court last week after the US Army Corps of Engineers announced that it would grant the approvals needed for construction of the pipeline to continue through federal lands.

Business

The Co-operative Bank is putting itself up for sale

Customers value The Co- operative Bank and our ethical brand is a point of difference that sets us apart in the market. In 2013 the bank was rescued by a group of hedge funds after it emerged it had a capital shortfall of £1.5bn. The Bank's parlous fiscal state was blown out into the open after a scandal involving its former chairman, Paul Flowers , who had no banking qualifications, which came just months after a plan to takeover 632 bank branches belonging to Lloyds Bank collapsed.

Business

Restaurant Brands International profit increases 233% in 2016

Popeyes, which is headquartered in Atlanta, Georgia, has a $1.49 billion market cap and nearly 2,600 restaurants around the country. The company's 50-day moving average is $64.89 and its 200-day moving average is $61.92. TRADEMARK VIOLATION NOTICE: This piece was published by The Cerbat Gem and is owned by of The Cerbat Gem. Restaurant Brands International Inc . says its net income for the 12 months ended December 31 was $345.6 million USA, or $1.45 per share, including $118.4 million or 50 ...


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