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Wednesday, January 3, 2018

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As-it-happens update 3 January 2018
NEWS
This will be the year that more unknown cryptocurrencies double in value. How many will quadruple in value is anybody's guess. Sure, many of these new coins will disappear from the market. At their heart, the cryptocurrency craze is like the start-up craze, on steroids. Newly minted companies are going ...
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Aimco, which filed the lawsuit in both California and Florida state courts, was seeking monetary damages as well as court orders to stop Airbnb from enabling people to breach their leases. Aimco's beef with Airbnb is that its platform brings people with "unvetted personal histories" with "no vested interest ...
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A government shutdown deadline looms on January 19. To avoid it Congress must pass a long-term spending bill — something it failed to do in December — or another temporary continuation to keep short-term spending at the current levels. A short-term measure would leave aside big decisions about ...
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South Korea's Hyundai Motor (hymtf, +5.71%) and Kia Motors (kimtf, +8.21%) on Tuesday flagged only modest sales growth in 2018, suggesting a slow recovery from a slump linked to their lack of SUVs in the United States and diplomatic tensions with China. Hyundai and smaller affiliate Kia, which ...
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In most industries, persistently low profits, fierce competition and downtrodden share prices would mean only one thing: takeovers. The strongest buy their weaker rivals and the weakest are simply forced out of business. But not in banking. Or at least not yet. Yet the heads of some of Europe's biggest ...
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The Tesla Model 3 may just now be leaving showrooms in significant numbers, but can claim a record figure: it was part of the quickest trip across the United States ever in an electric vehicle. Alex Roy, editor-at-large for The Drive who's already driven Teslas on the same run in record-breaking time, ...
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Stocks could pop nearly 20 percent in 2018 according to a contrarian indicator from Bank of America Merrill Lynch which predicted last year's surprising surge. The investment bank's so-called Sell Side Indicator measures the average equity allocation recommended by its fellow Wall Street bank peers.
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Started in April, the free app already claims to have between 450 and 500 monthly users, and about 4,000 downloads. Several users have started contributing their own routes. A monthly premium subscription of £1.99 a month (£19.99 a year, with first two months free), gives access to 100% of the ...
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Resultado de imagen para Tillerson Tillerson believes a free press is vital to Myanmar's becoming a viable democracy. Credit: U.S. Department of State [U.S. Air Force photo / Public Domain], via Flickr U.S. diplomats have called for the release of two Reuters reporters being held in Myanmar, says the ...
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Violence centred on a police station in the Isfahan province. Protests have been rocking Iran since Thursday, and the death toll is now 21. An Iranian government official said more than 450 people have been arrested. Iran's supreme leader blamed the unrest on "wicked enemies backed by westerners." ...
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WEB
Al Franken marks final day in the Senate
Minnesota Democratic Sen. Al Franken marks his final day in the US Senate on Tuesday after he announced he would step down in the wake of groping allegations.
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