Business

Google working on AI for Pentagon's project Maven to analyze drone footage

Google working on AI for Pentagon's project Maven to analyze drone footage A Google spokesperson told Gizmodo that the firm is providing the Defense Department with TensorFlow application programming interfaces (APIs), which are used in machine learning applications, to help military personnel detect objects in images. [Full Article...]

Lego posts first drop in revenue since 2004

Lego posts first drop in revenue since 2004 That led to the hiring of former Danfoss CEO Christiansen and a reduction of stock levels, reflected by the sales figures for the company's seven largest markets in December. It has witnessed a strong potential for its business in China. Lego's revenue fell by 7.7 percent from a year earlier, to 35 billion kroner (4.7 billion euros, $5.82 billion), weighing down net profit which plunged by 17.... [Full Article...]

William Hill to sell Australia business to CrownBet unit

William Hill to sell Australia business to CrownBet unit One of the world's largest betting companies has sold off its Australian business following a crackdown on the country's gambling laws. Fairfax Media last month revealed the company's biggest credit-betting customer to be celebrity real-estate identity John McGrath, who has been incurring average gambling losses of $10 million a year and owed a $16.2 million gambling debt to William Hill. [Full Article...]

Oil prices edge up as US dollar weakens

Oil prices edge up as US dollar weakens The Paris-based IEA forecasts in its latest oil markets report that crude-by-rail exports will grow from 150,000 barrels a day in late 2017 to 250,000 barrels a day this year and then to 390,000 barrels a day in 2019. February was the seventh consecutive month of lower Venezuelan production and the lowest level in a non-labor strike year since Platts began recording OPEC data in 1988. [Full Article...]

Oscars 2018 viewership hits all-time low with 26.5 million

Oscars 2018 viewership hits all-time low with 26.5 million Variety reported Monday morning that the Nielsen overnight ratings for the scheduled three-hour prime-time broadcast that ran to nearly four hours dropped 16% year over year. Ashley Judd , Salma Hayek , and Annabella Sciorra introduced a segment in which Hollywood's most recent crop of trailblazers including Mira Sorvino , Ava DuVernay , Lee Daniels , Kumail Nanjiani , and Geena Davis... [Full Article...]

Trump digs in on tariffs, says he's protecting American workers

Trump digs in on tariffs, says he's protecting American workers Commerce Secretary Wilbur Ross said they would add less than $200 to the cost of a auto, for example. The tariffs will be made official in the next two weeks, White House officials said. The iconic motorcycles are produced in Ryan's home state of Wisconsin, and Kentucky, the home of Senate Majority Leader Mitch McConnell, is well-known for its bourbon. [Full Article...]

Price Target Analysis of Target Corp. (NYSE:TGT)

Price Target Analysis of Target Corp. (NYSE:TGT) Dimensional Fund Advisors LP grew its position in Target by 49.7% during the third quarter. Heritage Trust Co now owns 1,771 shares of the retailer's stock worth $105,000 after purchasing an additional 1,000 shares in the last quarter. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. They set a "neutral"... [Full Article...]

Coinbase announces launch of cryptocurrency index fund

Coinbase announces launch of cryptocurrency index fund The fund will possess a minimum investment of $10,000 United States dollars and charge a 2% annual management fee with no additional performance fees. Coinbase Chief Executive Officer Brian Armstrong said at the time that the company would investigate an increase in the price of bitcoin cash in the hours before its December 19 announcement and that any employee or contractor found to have violated... [Full Article...]

Senate Advances S.2155 Banking Bill

Senate Advances S.2155 Banking Bill That was reflected in the 67-32 vote Tuesday, with 16 Democrats and one independent voting to move ahead with consideration of the bill. Several Democratic lawmakers facing tough re-election races this year have broken ranks with Minority Leader Chuck Schumer of NY and Democratic Sen. [Full Article...]

Lyft partners with Aira to increase accessibility for blind riders

Lyft partners with Aira to increase accessibility for blind riders Additionally, 25 percent of lower-income patients have missed or rescheduled their appointments due to lack of transportation, Lyft says. On the heels of Uber's recent foray into provider-requested ride hailing, Lyft has announced a deal with Allscripts for a similar service . [Full Article...]

Moneysupermarket.Com Group (LON:MONY) Price Target Cut to GBX 275

The Dafna Capital Management Llc holds 435,000 shares with $3.51 million value, up from 19,067 last quarter. Nvidia Corp (Call) now has $143.34 billion valuation. Scotia holds 21,466 shares or 0.05% of its portfolio. Renaissance Tech Limited Liability Company holds 670,100 shares. Appleton Ptnrs Ma reported 0.08% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). [Full Article...]

Former BBC Breakfast host reveals incurable cancer diagnosis

Former BBC Breakfast host reveals incurable cancer diagnosis We asked Dr Jan Schaefer, chief medical officer at Medigo , to outline exactly what you should know about prostate cancer ... "His message to others, get yourself checked". Bill urged men to see their GP to check their prostates. Its main job is to help make semen - the fluid that carries sperm. "Anybody who has watched him over the last 15 years knows he's an immensely optimistic person". [Full Article...]

Target sees margins stabilizing in year ahead as profit disappoints

Target sees margins stabilizing in year ahead as profit disappoints Brian Cornell, CEO of Target, told analysts Tuesday the company saw a better applicant pool and a 60 percent spike in the number of applicants in the days after the announcement. Target reported a 3.6 percent increase in the key retail metric of revenue at stores opened at least a year. Comparable sales rose 3.6%, slightly beating analyst expectations polled by Consensus Metrix for a 3.4% rise, a... [Full Article...]

Mumbai, Delhi airports judged world's best

Mumbai, Delhi airports judged world's best Mumbai's Chhatrapati Shivaji International Airport , operated and managed by GVK, and Delhi's IGI Airport, operated by GMR, have been jointly adjudged the "World's Best Airport" for customer experience in the 40 mppa (million passengers per annum) category. [Full Article...]

Envestnet Asset Management Inc. Trims Stake in Amazon.com, Inc

Envestnet Asset Management Inc. Trims Stake in Amazon.com, Inc It has outperformed by 3.08% the S&P500. Needham & Company LLC reaffirmed a "buy" rating on shares of Amazon.com in a research note on Monday, February 5th. On Friday, July 29 the stock rating was maintained by Deutsche Bank with "Buy". Macquarie reissued a "buy" rating on shares of Amazon.com in a report on Friday, February 2nd. [Full Article...]

More arrests in PNB fraud case

More arrests in PNB fraud case News agency ANI tweeted photos of Deputy Managing Director Axis Bank V Srinivasan leaving from SFIO office in Mumbai . The SFIO's Mumbai head has confirmed to India Today that both Kocchar and Sharma have been summoned. One of the biggest financial scams of the country surfaced when the companies of Nirav Modi and Mehul Choksi approached the PNB's Brady Road branch, Mumbai , in January t... [Full Article...]

PNB fraud case crackdown: Gitanjali Group's vice president detained by CBI

Judge S R Tamboli remanded him in CBI custody till March 17. "There was a look-out notice against him, hence the immigration officials detained him at the airport as soon as he arrived from Bangkok", an agency official said. The scandal involving Choksi and his nephew diamantaire Nirav Modi was unearthed in the last week of January, after the PNB filed a case with CBI of financial irregularity... [Full Article...]

Government Calls Broadcom's Bid for Qualcomm a National Security Risk

Government Calls Broadcom's Bid for Qualcomm a National Security Risk Part of CFIUS's current concern, which is echoed in a letter Cornyn sent to treasury secretary Steve Mnuchin last week, could lie in the fact that Broadcom has failed to strike a deal with Qualcomm. The board of Qualcomm have made no secret of its reluctance to do a deal with Broadcom, which is now pressing ahead with a hostile takeover. "It would be deeply concerning if foreign parties were a... [Full Article...]

Woman arrested for trying to open cabin door of in-flight plane

Woman arrested for trying to open cabin door of in-flight plane A woman who tried to open airplane door in mid-flight was tackled by a fellow passenger. Smith watched an inflight film, before realizing that the woman had risen from her seat and had been subdued by two male passengers. The aircraft landed safely and the woman was taken in by waiting police for medical evaluation. He said the captain of the plane got on the intercom and thanked passengers ... [Full Article...]

Rahul Gandhi promises to give Andhra special status if elected in 2019

Rahul Gandhi promises to give Andhra special status if elected in 2019 The TDP had publicly voiced unhappiness over the recent Union budget not offering any special benefits to Andhra Pradesh. Ties between the BJP and the TDP have come under severe strain after the southern party accused the Centre of making "insufficient" allocations for Andhra Pradesh in the Budget 2018-19. [Full Article...]


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