Markets
California restaurant 'proudly' serves Popeyes chicken as its own, charges $13
Sweet Dixie Kitchen's Yelp page is now under an "active cleanup alert", Yelp's process for handling businesses that are "in the news" by removing reviews from people who don't seem to have actually eaten there. In an interview with Fox News , Sanchez continued... When you got out for dinner, you don't except the restaurant to served you fried chicken picked up from a different fast food chain. [Full Article...]
Amazon's largest wind farm yet is up and running in Texas
The Texas project follows Amazon-commissioned wind farms built in Indiana, North Carolina, Ohio and Virginia. "We now have 18 wind and solar projects across the USA with more than 35 projects to come". "The wind industry has boosted the Texas economy with jobs, revenue to area landowners, and property taxes that support our schools", said Scurry County Judge Ricky Fritz. [Full Article...]
Nissan suspends Japanese production line due to faulty inspections
That admission is already reverberating through manufacturers of cars, planes and bullet trains. 'From my point of view, if I see any mistakes I'd like to take drastic measures. "As previously announced, on September 18, the Japanese Ministry of Land, Infrastructure and Transportation notified Nissan that in the final vehicle inspection process, certain checks were carried out by technicians not p... [Full Article...]
Air Berlin pilot under investigation for boisterous farewell flight
None of the 200 passengers on board complained, the company said . The pilot under investigation reportedly received clearance from air traffic control to steer the plane dangerously close to the terminal. Air Berlin says the manoeuvre had been agreed upon with them before being undertaken by the pilot. " We are awaiting the results of an internal investigation at Air Berlin ", a spokesman ... [Full Article...]
Adobe Systems, Ebay Inc, American Express Company, Blue Apron - AFTER HOURS
After $6.37 actual earnings per share reported by Alleghany Corporation for the previous quarter, Wall Street now forecasts -112.24% negative EPS growth. (NYSE:SLB) for 130,353 shares. Shares slipped 0.57% to US$5.27. Conatus Cap Management Limited Partnership holds 25,046 shares. (NYSE:SLB) or 51,093 shares. [Full Article...]
Verizon reports wireless and wireline revenues down in third quarter
The trend here goes beyond Verizon alone as the number of homes with broadband Internet service is expected to hit almost 100 million this year, up from 97.6 million last year, according to The Diffusion Group. Ronna Sue Cohen now owns 4,832 shares of the cell phone carrier's stock valued at $216,000 after purchasing an additional 19 shares during the last quarter. [Full Article...]
China's fixed-asset investment growth eases further
China's property investment and construction are seen slowing as more cities try to curb surging housing prices, while a government campaign against riskier lending pushes up borrowing costs and a crackdown on pollution hurt some factories. [Full Article...]
U.S. initial jobless claims drop to lowest since 1973
One caveat: Initial claims in Puerto Rico still appear to be artificially low because of major power outages that have made it hard for workers to file applications. Last month the unemployment rate fell to 4.2 percent, the lowest level since early 2001, as the job market maintained its overall strength. In a separate report on Thursday, the Philadelphia Fed said its measure of factory employmen... [Full Article...]