http://images.indianexpress.com/2017/08/hyperloop.jpg

Economy

The pod will quickly lift above the track using magnetic levitation and glide at airline speeds for long distances due to ultra-low aerodynamic drag. Traveling at speeds of up to 192 miles per hour (310 kilometers per hour), the Hyperloop One XP-1 traveled most of the 500 ft DevLoop track before braking to an eventual stop.
  • Here's your full preview of the upcoming jobs report

    Here's your full preview of the upcoming jobs report

    Economy

    Economists expect the Fed will announce a plan to start reducing its $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities at its next policy meeting in September. "Despite a roaring USA labor market, average wage growth remains stubbornly muted", said Dr. Andrew Chamberlain, chief economist with job search site Glassdoor, in a report.
  • Session Recap: Viewing Unusual Volume for GoPro, Inc. (NASDAQ:GPRO)

    Session Recap: Viewing Unusual Volume for GoPro, Inc. (NASDAQ:GPRO)

    Economy

    Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) was $5.1 million, swinging from an adjusted EBITDA loss of $76.8 million in last year's second quarter. TRADEMARK VIOLATION WARNING: " GoPro, Inc ". Excluding items, GoPro reported a loss of US$0.09 (RM0.38) per share, smaller than analysts' estimate of a loss of US$0.25 (RM1.07), according to Thomson Reuters I/B/E/S.
  • Wells Fargo Shares Falter on SEC Filing

    Wells Fargo Shares Falter on SEC Filing

    Economy

    The Highbridge Capital Management Llc holds 9,200 shares with $510,000 value, down from 60,771 last quarter. Cohen Capital Management Incorporated owns 0% invested in Neptune Technologies & Bioressources-Ord (NASDAQ:NEPT) for 14,232 shares.
  • CFPB Overdraft Disclosure Protoypes Could Foreshadow Regs

    CFPB Overdraft Disclosure Protoypes Could Foreshadow Regs

    Economy

    The Consumer Financial Protection Bureau released a report today detailing the cost of overdrafting for those who opt in to the coverage, and debuting four prototype disclosure forms explaining the coverage to consumers. "Our study shows that financially vulnerable consumers who opt in to overdraft risk incurring a rash of fees when using their debit card or an ATM", said CFPB Director Richard Cordray.
  • Revenue Growth Analysis of Wal-Mart Stores Inc. (WMT)

    Revenue Growth Analysis of Wal-Mart Stores Inc. (WMT)

    Economy

    About 3.70M shares traded. Whereas they predicted High and Low Earnings Estimate as $1.12 and $1.02 respectively. It has underperformed by 2.87% the S&P500. Intact Inv Mgmt owns 152,000 shares for 0.39% of their portfolio. Gideon Capital holds 0.23% or 5,242 shares. 84,430 are held by Da Davidson &. First Bank & Trust And Of Newtown holds 0.26% or 12,387 shares.
  • VW to offer incentives soon for diesel owners to adopt cleaner models

    VW to offer incentives soon for diesel owners to adopt cleaner models

    Economy

    Volkswagen in March pleaded guilty to criminal charges in the US and has admitted to rigging almost 600,000 diesel-powered vehicles with software created to evade emissions testing. He will undergo a pre-sentencing investigation "to guide the judge in sentencing" prior to the December court date, according to a federal court spokesman.
  • Analysts Viewpoints: Amc Entertainment Holdings Inc (AMC)

    Economy

    Royal Bank Of Canada restated a "hold" rating on shares of Regal Entertainment Group in a research report on Thursday, April 27th. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell.
  • Pharma Bro Martin Shkreli found guilty of securities fraud

    Pharma Bro Martin Shkreli found guilty of securities fraud

    Economy

    After almost a week of deliberations, a jury found Shkreli guilty of three of eight counts of securities and wire fraud. Martin Shkreli, who gained national notoriety two years ago for jacking up the price of an AIDS drug, was convicted of securities fraud Friday for mismanaging two investment funds.
  • Volkswagen executive pleads guilty in diesel emissions case

    Volkswagen executive pleads guilty in diesel emissions case

    Economy

    Schmidt, 48, wearing a red jail jumpsuit and shackled at the wrists and ankles, said simply, "Guilty, your honor", in German-accented English as he entered his pleas in federal court to each of two felonies - conspiracy and violation of the Clean Air Act.