Business

S&P, Dow flat ahead of Fed announcement

The US labor market "has continued to strengthen" and economic activity "has been rising at a solid rate" despite hurricane-related disruptions, the Fed's policy-making committee said in a statement released after its two-day meeting. Based on recent economic data, the gross domestic product is headed for a 4.5 percent annualized growth pace in the fourth quarter, according to the Atlanta Fed's model , called GDP Now.

Business

Facebook's Q3 earnings exceed expectations, but Russian Federation issues may harm future profit

Facebook drew 98 percent of its revenue from advertisements, as ad revenue grew 49 percent year over year. Mobile advertising revenues continue to be dominant contributor to ad revenues as it represented 88 percent of advertising revenue for the quarter, up from 84 percent past year.

Business

3i Group plc (III) Sets New 12-Month High at $975.00

Baird on Tuesday, August 25 to "Underperform". The firm has "Sell" rating given on Thursday, February 23 by Panmure Gordon. The stock of BP plc (LON:BP) earned "Neutral" rating by BNP Paribas on Friday, October 23. Panmure Gordon has "Buy" rating and GBX 305 target. The rating was upgraded by JP Morgan on Monday, September 19 to "Overweight". Panmure Gordon maintained the shares of LGEN in report on Wednesday, August 5 with "Buy" rating.

Business

Arcadia police: Needles found in Halloween candy

In western Wisconsin, Arcadia Police are investigating needles found in trick-or-treat candy. They've warned parents in the community to check their children's candy. She found nails in three Kit Kat candy bars, police say. The items were sent to the State Crime Lab, but no arrests were made. The department wants parents to thoroughly check their children's candy before they eat it and throw out anything that looks suspicious.

Business

NERD Taps Rihanna For New Single "Lemon"

It was the brainchild of production duo The Neptunes ( Pharrell Williams and Chad Hugo ) along with Shay Haley , who understood that the act of fracturing mainstream ideas of pop music could, paradoxically, serve as a connective tissue. With the singer giving her company a hug after shaving her head, the woman proceeds to dance and twerk through a late-night market, and raps along to the words of Rihanna's verse.

Business

Australia Bans Climbing A Sacred Heritage Site

CLIMBING the dramatic rock formation Uluru will be banned in two years after declining visitors to the Australian landmark increasingly recognise its sacredness to indigenous people. Figures from Parks Australia indicated only 16per cent of visitors climbed the rock between 2011 and 2015, down from 74per cent in the 1990s. Uluru's land title was handed back to its traditional owners in 1985, but was immediately leased to the Australian federal government to be jointly managed as a national ...


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