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Economy

This marks the 14th season for the most popular drink at Starbucks. Ever since pumpkin spice latte caught on, brands began seeing endless opportunities to infuse their products with its scent and flavor. Turmeric is an ancient spice that has recently been gaining a lot of popularity over social media (Google even called it a "breakout star" in 2016) for its vibrant, golden hue and mega-healing properties.
  • Demonetisation: 99% of Scrapped Notes Came Back into System

    Demonetisation: 99% of Scrapped Notes Came Back into System

    Economy

    The annual report also mentions that the central bank spent ₹7,965 crore in 2016-17 (July-June) on printing notes. In a separate statement, the government said the transactions of more than 300,000 firms were under suspicion post demonetisation , while 37000 shell companies were identified as involved in hiding black money .
  • GST pooled in Rs 92283 crore in July

    GST pooled in Rs 92283 crore in July

    Economy

    The decision to make the change came in after the GST Council recommended the Central Government, which in turn moved a legislative amendment to increase the upper limit of the cess. The Council which is headed by Finance Minister along with other finance ministers of the states has chose to hike the cess. Luxury auto manufacturers such as Mercedes-Benz, Audi, among others were the most vocal about this decision and said that it would increase prices of their cars even higher then pre-GST ...
  • Looking Closer at Shares of BioAmber Inc (BIOA)

    Looking Closer at Shares of BioAmber Inc (BIOA)

    Economy

    When the RSI line moves up, the stock may be experiencing strength. However, many investors might get stuck waiting for a rebound that just isn't going to happen. They are typically hardworking, patient, disciplined, and work with a studious critical eye. More interesting news about SPDR S&P MidCap 400 ETF (NYSEARCA:MDY) were released by: Benzinga.com and their article: "Different Ways To Consider Mid-Cap Stocks" published on August 17, 2017 as well as Nasdaq.com's news article titled: "S&P & ...
  • Anheuser-Busch canning water - instead of beer - for Harvey victims

    Anheuser-Busch canning water - instead of beer - for Harvey victims

    Economy

    Anheuser-Busch says its Cartersville brewery halts its beer production periodically throughout the year to produce the canned water so as to be ready in case of emergency situations like the one now unfolding on the Gulf Coase. Even if that means a major beer company has to halt production to aid victims of Hurricane Harvey. "We have an excess of 400 independent distributors throughout the U.S".
  • Why Finish Line, Inc. Stock Plunged Today

    Why Finish Line, Inc. Stock Plunged Today

    Economy

    Its book value per share for the most recent quarter is (www.finviz.com) while its price to book ratio for the same period is 0.93, as for as the company's cash per share for the most recent quarter is (www.finviz.com); however its price to cash per share ratio for the same period is 5.31.
  • June Home Prices Continue Steep Rise: Case-Shiller

    June Home Prices Continue Steep Rise: Case-Shiller

    Economy

    The index reached the level of 192.6, which is 4.3 percent higher than during the last housing boom in July 2006. The next highest gainers were in Portland and Dallas, at 8.2 percent and 7.7 percent, respectively. Rising prices are the principal factor driving affordability down. Month-over-month, the U.S. Index rose 0.9% in June before seasonal adjustment, while the 10-city and the 20-city index both rose 0.7% from May to June.
  • Uber Picks Its New CEO After 2 Months Of Searching

    Uber Picks Its New CEO After 2 Months Of Searching

    Economy

    Khosrowshahi would replace ousted CEO and co-founder Travis Kalanick and will be tasked with changing the company's dysfunctional culture and leading it from money loser to turning a profit. Though Uber's business has been unaffected by all this, Kalanick's style of management came under scrutiny. And the company's problems only seemed to get worse.
  • Hurricane Harvey impacts Gulfport flights

    Hurricane Harvey impacts Gulfport flights

    Economy

    About 817 flights were delayed, an uncharacteristically small number for such an event, kept in check by the large number of flights airlines canceled pre-emptively. Locals were taking refuge in attics or on rooftops awaiting rescue. A Houston Airport System statement at midday Sunday said George Bush Intercontinental Airport and Hobby Airport are closed to commercial flights until further notice.
  • Lee jailed for 5 years in bribery case

    Lee jailed for 5 years in bribery case

    Economy

    A South Korean court sentenced Lee Jae-yong, the heir-apparent to tech giant Samsung , to five years in prison after finding him guilty of multiple charges of corruption. Prosecutors had claimed the bribes were used to help Samsung push through a merger of two affiliates, a move that had been criticised by some shareholders.
  • United States will end up probably terminating NAFTA at some point

    United States will end up probably terminating NAFTA at some point

    Economy

    Mexican Foreign Minister Luis Videgaray referred to Trump's NAFTA commentary as a negotiating tactic, according to a report by Reuters . "Greenbrier has never moved a single job from the United States to Mexico", CEO William Furman said in a letter to the USA trade representative.