Business

Pound V euro: GBP exchange rate rallies as UK GDP beats expectations

The eurozone's growth rate also caught up with the United Kingdom in 2016, and has outpaced the United Kingdom so far this year. The UK's quarterly gross domestic product growth rose to 0.4% in the third quarter from 0.3% in the second, beating expectations for 0.3% growth.

Business

NAACP Issues Travel Advisory Against American Airlines, Warns Black Travelers

The NAACP is warning black travelers to be careful on American Airlines. It read, in part: "We were disappointed to learn of a travel advisory issued by the NAACP". The NAACP said it has historically issued travel advisories when "conditions on the ground pose a substantial risk of harm to black Americans". The plane returned to the Atlanta terminal after a five-hour delay.

Business

The Bank of Canada keeps its key rate at 1%

Among the top risks identified by the Bank of Canada to its outlook is the renegotiation of the North American Free Trade Agreement. The guarded tone of the statement suggests the Bank of Canada could delay its next move, which many economists had expected would come in December or January.

Business

Why consumers should care about the dismantling of class-action lawsuits

Graham and Sen. John Kennedy of Louisiana broke with the Republicans to vote against the measure. Class-action lawsuits were necessary, Cordray and consumer advocates said, because numerous bank charges are too small for an individual customer or attorney to bother filing a lawsuit over, yet can multiply to millions of dollars in penalties for customers - and millions in profits for lenders.

Business

Technical Scrutiny: Chipotle Mexican Grill, Inc. (CMG), BorgWarner Inc. (BWA)

The firm earned "Outperform" rating on Wednesday, February 3 by RBC Capital Markets. "Traffic looks increasingly vulnerable", Credit Suisse Group AG analyst Jason West said in a note, "especially if the current lift from queso were to fade".

Business

Amazon Introduces Cloud Cam and Key Delivery Service

First, you'll have to buy an Amazon Key In-Home Kit for $249.99 that includes an Amazon Cloud Cam security camera and a smart lock. Key can also be used to grant home access to third-party services like house cleaners and dog walkers.


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