Markets

Dunkin' Donuts Is Discontinuing the Coffee Coolatta

Dunkin' Donuts Is Discontinuing the Coffee Coolatta

Introduced in 1994, Dunkin's more mocha-flavored coffee Coolatta will be retired when the new frozen coffee debuts. A large Dunkin' Frozen Coffee will contain 840 calories and 123 grams of sugar, Business Insider reported. At the company's annual media day Tuesday , senior vice president Chris Fuqua said the Coffee Coolatta " isn't good enough ". Now, the chain is serving nitro cold brew in five locations, with plans to expand the test in the near future. Read More

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Ivanka Trump to get her own White House office

Ivanka Trump to get her own White House office

Gorelick said Ivanka Trump would follow the ethics rules that apply to government employees. That meeting on Friday was the second such worldwide workforce meeting organized by Ms. According to documents obtained by TMZ , the company argues that "the President is exploiting the power and prestige of the White House to help make his daughter money". Read More

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Dollar slips amid uncertainty of gradual rate hike; Euro gains

Dollar slips amid uncertainty of gradual rate hike; Euro gains

The US dollar was on the defensive in early Asian trading on Tuesday, after Chicago Federal Reserve President Charles Evans reinforced the perception that the US central bank won't accelerate the pace of its interest rate hikes. In France , centrist Emmanuel Macron solidified his status as front-runner in the presidential election in a televised debate on Monday. "I think markets are focused on comments made by FOMC members to get a better idea of the path forward for policy and how that ... Read More

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Billionaire David Rockefeller Dies at Age 101

Billionaire David Rockefeller Dies at Age 101

In his 2002 memoir, the first such autobiography to be published by a member of his family, Rockefeller recounted a gilded youth - one in which he delivered food to the poor with the help of a chauffeur, roller-skated along Fifth Avenue tailed by a limousine in case he should grow exhausted, and attended dinner with a father and mother who ate every night in their formal wear. Read More

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United States stocks mixed, still on pace for yet another winning week

The dollar slipped to 113.02 Japanese yen from 113.26 yen. USA stocks closed higher on Wednesday, as oil prices bounced back and the Fed took a less hawkish stance than expected. Also late Wednesday, the preliminary results of the general election in the Netherlands will be released, and investors are watching if Geert Wilders' far-right Party for Freedom will make a strong showing. Read More

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European Stocks End Week at 15-Month High After Fed, Dutch Vote

European Stocks End Week at 15-Month High After Fed, Dutch Vote

The euro, meanwhile, fell against the dollar after a poll showed far-right anti-EU leader Marine Le Pen extending her lead over centrist Emmanuel Macron in the first round of France's presidential elections. The 0.6 percent gain beat expectations for a 0.2 percent decline, while sales volumes were also solid, rising 0.7 percent. Elsewhere, GBP/USD rose 0.25% to 1.2389, off Wednesday's two-week peak of 1.2309. Read More

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Nikkei slips, thanks to strong yen on Fed view, Fast Retailing's fall

Nikkei slips, thanks to strong yen on Fed view, Fast Retailing's fall

The Standard & Poor's 500 index was steady at 2,373.47 and the Dow Jones industrial average ticked 0.1 percent lower, to 20,881.48. In a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank's target, the Fed raised rates by 25 basis points, its second in three months, with Chair Janet Yellen emphasising that future rate increases would be "gradual". Read More

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McDonald's Twitter Account Hacked With Anti-Trump Tweet

McDonald's Twitter Account Hacked With Anti-Trump Tweet

McDonald's later tweeted that its account had been " compromised " and that it was investigating the matter. But four months into his presidency, it appears the McDonald's corporate Twitter account isn't lovin' his work. Not only are they beholden to spruiking their product day in, day out, they also have to avoid pushing out content which would even mildly perturb their core audience. Read More

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Major Winter Storm Affecting Departures At Milwaukee Airport

Major Winter Storm Affecting Departures At Milwaukee Airport

More than a foot of snow has fallen in parts of the northeast, including 14 inches in New York City , where snowfall rates of 1 inch per hour were recorded at JFK and LaGuardia airports. It's a notification no airline passenger wants to see - canceled flight. Southwest alone had grounded more than 250 flights Monday at Chicago Midway, which is one of the carrier's busiest bases. Read More

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United States prosecutor Bharara says he has been fired in tweet

U.S. Attorney for the District of New Mexico Damon Martinez resigned from office Friday afternoon at the request of U.S. Attorney General Jeff Sessions. But such resignations are not automatic, and it isn't unusual for a US attorney to stay on through a new administration. President Barack Obama nominated Williams to the post on March 29, 2012, and he was confirmed by the U.S. Read More

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"Fearless Girl" statue sends bold message to Wall Street titans

Meanwhile, Ron O'Hanley, president and chief executive officer of SSGA, called on more than 3,500 companies to intensify the number of women on their businesses, especially on the corporate boards. Not incidentally, Tuesday also marks the first anniversary of the SPDR SSGA Gender Diversity Index ETF , an exchange-traded fund operated by SSGA that only holds companies with women in leadership positions. Read More

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Russia: OPEC deal worked, but we won't be joining oil cartel

The 10 members of the group that pledged to make cuts in Vienna in November implemented 104 percent of those reductions, largely because Saudi Arabia went beyond its target. Worldwide benchmark Brent crude rose to $58 a barrel recently, after hitting below $30 a barrel in January 2016. In Libya, the Benghazi Defense Brigades militia seized the Es Sider terminal Friday, people with knowledge of the matter said. Read More

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PSA board approves Opel takeover

A spokesman for GM's European unit declined to comment. GM has not turned a full-year profit in Europe since 1999 and since then has lost billions battling high labor costs and an intensely competitive auto sales market. That being said, two sources with knowledge about the deal have told Reuters job and plant cuts were discussed during the negotiations, with Vauxhall being the most vulnerable. Read More

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Uber avoided regulators with a tool called 'Greyball,' report says

Uber avoided regulators with a tool called 'Greyball,' report says

But the Times says that the company also attempted to use it to keep code enforcers or other authorities from tracking the company, and possibly issuing tickets to drivers. Officials engaged in sting operations sometimes bought dozens of cheap cell phones to create different accounts, so Uber reportedly went to the local electronics stores, looked up the cheapest phones, and wrote down their device numbers. Read More

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Snap Inc shares soar 44% on United States stock market debut

Snap Inc shares soar 44% on United States stock market debut

The means by which companies are added to funds depends on the structure of the funds. Snap co-founders Evan Spiegel and Bobby Murphy rang the opening bell at the New York Stock Exchange, which Snap is listed on. Its user growth has slowed down in recent months since Facebook's Instagram cloned Snapchat's "stories" in August. They develop strong ties to IPO underwriters by virtue of being prolific IPO investors and providing the banks' brokerage business with trading fees. Read More

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Dreamer detained after speaking out may be deported, attorney says

Dreamer detained after speaking out may be deported, attorney says

Governmental immigration authorities have arrested the 22-year-old woman from Jackson, Mississippi, Wednesday after she had spoken to media about the arrest and detention of her relatives. President Trump has offered mixed messages about his policies on immigration issues - advocating a need for immigration enforcement, boasting about deportations of criminals and also expressing sympathy for those covered by DACA. Read More

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Charter, ACA Weigh In on FCC Data Security Stay

Charter, ACA Weigh In on FCC Data Security Stay

The DMA and other advertising groups petitioned the FCC in January asking the agency to reconsider the rules, saying the FCC had overstepped its authority and unduly burdened ISPs. "The federal government shouldn't favor one set of companies over another - and certainly not when it comes to a marketplace as dynamic as the Internet", they said. Read More

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Bank of Nova Scotia (The) (BNS) Dividend Payout Ratio

Bank of Nova Scotia (The) (BNS) Dividend Payout Ratio

Renaissance Technologies LLC owned approximately 0.06% of Bank of Nova Scotia (The) worth $37,305,000 at the end of the most recent reporting period. "Even assuming that the market interprets Scotiabank's earnings as $1.58 per shares - this would be close to in line with consensus whereas other banks beat consensus estimates handily", he said. Read More

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Uber's Travis Kalanick: Yep, I'm a jerk, basically

Travis Kalanick: "So, we are reducing the number of black cars over the next six months". But that's not the case, because Kamel has a few things he needs to get out of his mind. "Good luck!" "Good luck to you, but I know [you're not] going to go far", Kamel responded. One Twitter user summed up the online ire, tweeting, "Ju [s] t watched video of CEO of #uber, and all I can say is #deleteuber". Read More

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Denver had 21st-worst traffic congestion in United States previous year

According to Inrix, those traffic jams aren't just annoying, they cost very serious money. Are you ready for the changes to vehicle tax rules? INRIX, the world leader in transportation analytics and connected vehicle services, released its 2016 Traffic Scorecard today, which pegs Atlanta as having not only the fourth crappiest traffic in the United States-but ninth worst in the world . Read More

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Jay Z Is Tech's Hot New Investment Whiz Kid

Even a casual Jay Z fan has to admit that the Brooklyn, New York MC has redefined what it means to be a businessman. Jay Z is not the only famous person who is set to cash in on the tech boom. A report by Axios says the duo has previously invested in the tech space. It's still unclear whether Jay Z saw any return on his money, but if he did, it's likely to be meagre. Read More

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UK Q4 2016 GDP Growth Revised Up To 0.7%, Annual Growth Weaker

In a fresh boost for Theresa May, the latest figures showed that the economy expanded by 0.7 per cent in the final quarter of previous year after the Brexit vote. "Overall, the dominant services sector continued to grow steadily, due in part to continued growth in consumer spending, although retail showed some signs of weakness in the last couple of months of 2016, which has continued into January 2017". Read More

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Westlake Chemical Partners posts 4Q profit

Income from operations in the fourth quarter of 2016 was lower than the prior year period mainly as a result of the transaction and integration related costs, the effect of selling higher-cost Axiall inventory recorded at fair value, and the impact from the planned turnarounds and unplanned outages. Read More

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First ISIS rocket attack on Israel from N. Sinai

Earlier in February, the Islamic State fired rockets at the southern Israeli town of Eliat. For the second time this month, militants have launched rockets towards Israel. The IS has been in a vicious conflict with the Egyptian military in the Sinai for years. "Like always, the special forces of Lichtenstein probably took out a few terrorists from Daesh in Sinai", Lieberman joked, using the Arabic name for the Islamic State. Read More

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Azerbaijan's arms imports 20 times higher than Armenia's in 2012

Azerbaijan's arms imports 20 times higher than Armenia's in 2012

The five biggest exporters - the United States, Russia, China, France and Germany - together accounted for 74% of the total volume of arms exports. Its arms imports increased by 202 percent. SIPRI data reflects the volume of deliveries of arms , not the financial value of the deals. Inflows to India accounted for 13 percent of the world's arms imports, a rise of 43 percent compared to 2007-2011. Read More

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