Business news

• Texting While Driving Ban: Lawsuit Wants Apple To Create Lock-Out System

  18-01-2017 23:49 via ibtimes.com
  
  Aclass action lawsuit filed in California is seeking to force Apple into creating a feature that would lock users out of their iPhone when behind the wheel in order to prevent drivers from texting or using their device while driving.
  The suit, filed at the Los Angeles County Superior Court by MLG Automotive Law, claims Apple has been in possession of technology to add a driver lock to its products since 2008 but has chosen not to implement it.
  
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• Climate Change News: 2016 Was The Hottest Year On Record, NASA, NOAA and WMO Confirm

  18-01-2017 23:22 via ibtimes.com
  
  It’s official: 2016 was the hottest year on record, according toNASA, the National Oceanic and Atmospheric Administration (NOAA ) and the World Meteorological Organization (WMO ).
  
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• Air Transat to test taxiing system that could cut emissions

  18-01-2017 23:22 via cbc.ca
  
  Air Transat is planning to test and deploy a new system next year that would allow an aircraft to taxi from the runway to the gate without having to use a plane's engine, thereby cutting operating costs and greenhouse gas emissions.
  
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• 'Pokémon Go' Update Details New Moves, Evolution Items And New Pokémon

  18-01-2017 23:21 via ibtimes.com
  
  Pokémon Gousers who’ve just finished the game’s holiday celebrations — get ready for some new Pokémon soon.
  Developer Niantic released the latest update to the game on Wednesday and via Silph Road, users will potentially have a lot to look forward to this year. Looking into the application code,Silph Roadfound that Niantic has laid the groundwork for a handful of significant updates.
  
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• S&P 500 ends up slightly with boost from financials; Netflix up late

  18-01-2017 23:17 via news.yahoo.com
  
  NEW YORK (Reuters) - The S&P 500 ended a choppy session slightly higher on Wednesday, helped by a rise in financials after Federal Reserve Chair Janet Yellen said it "makes sense" to gradually lift interest rates.
  
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• Kinder Morgan revenue sharing deal could cause provincial feuds, expert says

  18-01-2017 23:08 via cbc.ca
  
  A revenue-sharing agreement that helped convince British Columbia to support the $6.8 billion Trans Mountain oil pipeline expansion threatens to tear the fabric of country, says a resource policy expert.
  
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• NBCU shutting cable's Esquire Network, re-launching as digital

  18-01-2017 23:00 via news.yahoo.com
  
  The move by NBCU comes a month after AT&T Inc decided to drop Esquire from its DirecTV and U-Verse offerings. Major providers such as DirecTV and Dish Network Corp have also launched slimmed-down streaming packages of live TV channels that omit many smaller networks.
  
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• Pipeline company Kinder Morgan's revenue falls 6.8 percent

  18-01-2017 22:58 via news.yahoo.com
  
  (Reuters) - Kinder Morgan Inc reported lower-than-expected quarterly revenue for the ninth straight quarter as its pipelines moved lower volumes of oil and gas.
  
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• Fed's Yellen says 'makes sense' to gradually raise interest rates

  18-01-2017 22:54 via news.yahoo.com
  
  By Ann Saphir SAN FRANCISCO (Reuters) - With the U.S. economy close to full employment and inflation headed toward the Federal Reserve's 2 percent goal, it "makes sense" for the U.S. central bank to gradually lift interest rates, Fed Chair Janet Yellen said on Wednesday. "Waiting too long to begin moving toward the neutral rate could risk a nasty surprise down the road - either too much inflation, financial instability, or both," Yellen told the Commonwealth Club of California in San Francisco.
  
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• What's Next For Hillary Clinton? Poll Says She'd Beat De Blasio In New York Mayor Race

  18-01-2017 22:53 via ibtimes.com
  
  As Hillary Clinton prepares to attend the inauguration of President-elect Donald Trump, a poll Wednesday indicated the former Democratic presidential nominee could be the next mayor of New York — if she wanted.
  Quinnipiac University found if Clinton ran as an independent against Democratic New York Mayor Bill de Blasio in a runoff, she would beat him 49 percent to 30 percent. In a head-to-head race among Democrats, she leads him 61 percent to 29 percent.
  
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• Loonie down more than a cent after Poloz leaves door open to rate cut

  18-01-2017 22:53 via cbc.ca
  
  The Canadian dollar was dragged down more than a full U.S. cent following comments from the Bank of Canada that an interest rate cut "remains on the table" if conditions warrant.
  
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• South Korean court dismisses arrest warrant for Samsung chief

  18-01-2017 22:51 via news.yahoo.com
  
  By Joyce Lee SEOUL (Reuters) - A South Korean court on Thursday dismissed a warrant to arrest the head of the Samsung Group [SAGR.UL], the country's largest conglomerate, amid a graft scandal that has led to the impeachment of President Park Geun-hye. The pre-dawn decision by the Seoul Central District Court to allow Jay Y. Lee to go home is likely to come as a major relief to the company, whose leadership vacuum Lee has tried to fill since his father suffered a heart attack in 2014. Lee, who ha
  
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• Oracle Sued: Lawsuit From Department of Labor Says Company Has Discriminatory Hiring Practices

  18-01-2017 22:48 via ibtimes.com
  
  The United States Department of Laborannounced on Wednesday it is suing technology company Oracle for discriminatory employment practices.
  The suit alleges Oracle has a “systematic practice” of paying white male workers more than their counterparts with the same job title, resulting in pay discrimination against female, black and Asian employees.
  
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• George H W Bush Net Worth: Sick 41st President Has Up To $26M To His Name

  18-01-2017 22:47 via ibtimes.com
  
  As real estate billionaire Donald Trump prepares to take the highest office in the U.S., another former corporate executive-turned-politician will be missing his inauguration ceremony Friday, and, unlike a growing list of Congress members, he won’t be protesting the president-elect.
  
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• Bell Canada raising prices on home internet, TV in February

  18-01-2017 22:31 via cbc.ca
  
  Bell Canada is increasing monthly prices for a number of its residential communications services, including home TV and internet packages, beginning in February.
  
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• Netflix blows past international subscriber estimates

  18-01-2017 22:28 via news.yahoo.com
  
  (Reuters) - Netflix Inc's international and U.S. subscriber additions blew past analysts' estimates as the video streaming service released shows including the award-winning British drama "The Crown" and a revival of "Gilmore Girls". Netflix, whose shares rose 7.1 percent in extended trading, has been hugely successful in attracting more subscribers through the popularity of its original shows. Netflix, whose original shows include "Narcos" and "Stranger Things", said on Wednesday it signed up 5
  
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• Why Did Camila Cabello Really Quit Fifth Harmony? Everything She’s Said About The Break Up So Far

  18-01-2017 22:25 via ibtimes.com
  
  It’s no secret that singing group Fifth Harmony didn’t end things on the best of terms when Camila Cabello decided to leave the group in 2016, but the singer has plenty to say following her departure.
  
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• Florida Giant Alligator Latest Update: 'Humpback' Gator Is Not For Tourists, Nature Preserve Staff Warn [VIDEO]

  18-01-2017 22:24 via ibtimes.com
  
  A video of a massive alligator walking through a reserve near Lakeland, Florida, had people speculating earlier this week whether it was a hoax. In the end, the video turned out to be real, and now people are taking trips to the area to see the great alligator named, “Humpback,” for themselves. 
  
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• ‘Will & Grace’ Revival: 4 Things We’d Like To See In The NBC Reboot; How To Rewatch

  18-01-2017 22:06 via ibtimes.com
  
  It’s official — “Will & Grace” is returning to NBC nearly 11 years after the series ended. On Wednesday, the network announced that a 10-episode series had been ordered with the original cast returning.
  
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• WWE Royal Rumble 2017 Predictions: Who Could Win The Match And Main Event WrestleMania 33?

  18-01-2017 21:59 via ibtimes.com
  
  The 2017 Royal Rumble match has a much different feel surrounding it compared to recent years. The match still includes 30 wrestlers competing for a spot in the main event of WrestleMania, but there is no overwhelming favorite heading into the Jan. 29 pay-per-view.
  
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• The intelligent cloud hinges on cloud adoption

  18-01-2017 21:59 via techrepublic.com
  
  The next version of the cloud isn't going to just store data or serve up SaaS--it's going to be useful for decision making and automating processes and for benefiting from AI in cloud apps.
  
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• Trump Inauguration Day Stress: 5 Spa Treatments In LA To Help You Relax

  18-01-2017 21:57 via ibtimes.com
  
  If you are stressed out about President-elect Donald Trump's upcoming inauguration, you are not alone. Many people around the country are feeling anxious and scared about the impending presidency of the controversial businessman.
  So if the idea of watching Friday's events makes you uneasy,  turn off the TV and make the day about you. From soothing salt baths to calm magnetic healing, check out these five spa treatments in Los Angeles that will help you relax on Inaugurat
  
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• iPhone 8 Rumors: Next Apple Smartphone Release Date Could Feature Face Recognition, 'Wraparound' Screen

  18-01-2017 21:54 via ibtimes.com
  
  The iPhone 8 could include face recognition and a “wraparound” screen design, analyst Timothy Arcuri of Cowen and Company said, according toBusiness Insider.
  Arcuri predicts three iPhone models later this year, according to a research note circulated to Cowen and Company clients. The next iPhone 8 is referred to in the note as the “iPhone X.”
  
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• Obama Pardon Update 2017: What's Next For Chelsea Manning? Trans Woman Won't Receive Gender Surgery Under Military Insurance

  18-01-2017 21:52 via ibtimes.com
  
  President Barack Obama's decision to commute former Army Private Chelsea Elizabeth Manning's prison sentence lifted the unprecedented responsibility for treating the transgender woman's gender dysphoria from the Defense Department’s shoulders, the New York Times reported. Manning was among the 209 prison inmates to whom Obama granted clemency Tuesday.
  
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• Hulu Plans Offline Viewing: Streaming Service To Follow Recent Netflix Move In 'Few Months'

  18-01-2017 21:43 via ibtimes.com
  
  Video streaming service Hulu plans to introduce offline playback for subscribers this year, according to an interview with Hulu CEO Mike Hopkins viaAdweek .“It's something that we're going be doing in a few months,” Hopkins said toAdweek. “We're working hard on the technology around that and getting the rights squared away.”
  
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• How to import Access web app data into an Excel workbook for reporting

  18-01-2017 21:39 via techrepublic.com
  
  This two-step process enables you to import Access web app data into Excel, where you can filter, graph, and analyze it to produce meaningful reports.
  
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• Barack Obama Top Quotes: 15 Sayings From Final Press Conference, President's Last Words To Nation

  18-01-2017 21:32 via ibtimes.com
  
  President Barack Obama spoke Wednesday at his final press conference at the White House, two days before President-elect Donald Trump was scheduled to be inaugurated in Washington, D.C. Before taking questions, he offered his best wishes to former President George H. W. Bush and his wife, Barbara Bush, both of whom were hospitalized Wednesday. He then thanked reporters for sticking with him through the good and bad of his administration and opened the floor for questions.
  
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• Immigration Reform 2017: As Donald Trump Starts Term, Is The Number Of Immigrants Entering The USA Growing?

  18-01-2017 21:31 via ibtimes.com
  
  Americans’ satisfaction with immigration levels is at its highest point in more than a decade, but more than a third would prefer fewer immigrants coming into the country, a Gallup poll released Wednesday indicated.
  
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• How universities are helping fill the smart cities talent gap

  18-01-2017 21:24 via techrepublic.com
  
  Colleges are offering new classes, degrees and certifications to help train the smart city workforce of the future. Continuing education is also an option.
  
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• Is Whitney Way Thore Really Pregnant? Sonogram On ‘My Big Fat Fabulous Life’ Promo Confuses Fans

  18-01-2017 21:19 via ibtimes.com
  
  Reality star and body positive activist Whitney Way Thore confused fans in the trailer for Season 4 of her TLC show “My Big Fat Fabulous Life.” In part, she explores her sexuality and in another, she has a pregnancy scare.
  
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• Why Do Parents Kill Their Child? Bella Bond Was Put In A Trash Bag By Her Mother, Prosecutors Say

  18-01-2017 21:10 via ibtimes.com
  
  A Massachusetts woman who allegedly helped her former boyfriend dispose of her 2-year-old daughter’s body in a trash bag last year off of Deer Island, a peninsula in Boston, is asking a Superior Court judge to dismiss the charges or move the trial due to intense media cover in the Boston area.
  
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• Tony Romo Next Team: Broncos, Texans, 49ers Among Possible 2017 Trade Destinations For Cowboys’ QB

  18-01-2017 21:10 via ibtimes.com
  
  Tony Romo signed with the Dallas Cowboys nearly 14 years ago, but it appears that his days with the team are numbered. Dak Prescott is the team’s quarterback of the future after leading them to a 13-3 record as a rookie, making it more than likely that Romo will be traded or released this offseason.
  Romo has three years left on his current contract, and even despite his recent injury history, teams will be lining up to acquire the quarterback. He’s made the Pro Bowl four times since
  
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• Trump Inauguration: Jennifer Holliday Discusses Her Decision To Cancel Her Performance

  18-01-2017 20:50 via ibtimes.com
  
  Jennifer Holliday has decided that despite her love of America, she won’t be joining Donald Trump in making the country great on Jan. 20. The singer was one of several acts scheduled to perform on Inauguration Day in Washington, D.C., but she has since pulled out of the gig after intense backlash from fans.
  
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• Under pressure: 4 main stressors for big data leaders

  18-01-2017 20:42 via techrepublic.com
  
  As more companies take on big data projects, the demands on data scientists and IT leaders are increasing. These are the top four big data pressure points.
  
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• Robo-advisor Wealthfront diversifies with stock selling service

  18-01-2017 20:40 via news.yahoo.com
  
  Wealthfront, one of the earliest and largest online investment management startups known as "robo-advisors," is launching a free automated service that will let employees of listed firms sell stocks in their companies. In the latest example of "fintech" firms targeting lucrative markets by using automation to be more efficient, it said it was a cheap and convenient tool for employees who would otherwise sell their shares using more costly stock administrators. The attempt to diversify Wealthfron
  
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• Jump in manufacturing, tight labor markets show U.S. economic health: Fed

  18-01-2017 20:37 via news.yahoo.com
  
  A pickup in manufacturing, "widespread" reports of labor shortages and improving business investment set the stage for the Federal Reserve's December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic conditions. Manufacturers in "most" of the Federal Reserve System's 12 regions reported increased sales, the Fed reported in the document, a collection of anecdotal information from businesses assembled befor
  
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• Credit Suisse finalizes $5.3 billion mortgage deal with U.S.

  18-01-2017 20:36 via news.yahoo.com
  
  By Karen Freifeld NEW YORK (Reuters) - Credit Suisse has formally agreed to pay $5.3 billion to settle with U.S. authorities over claims it misled investors in residential mortgage-backed securities it sold in the run-up to the 2008 financial crisis. As part of the settlement, announced by the U.S. Department of Justice on Wednesday, the Zurich-based bank acknowledged that home loans it pooled into the securities did not meet underwriting guidelines, with some described by employees as "complete
  
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• Hyperloop in Europe: Company Lands Agreement With Czech Republic To Build Futuristic Service

  18-01-2017 20:24 via ibtimes.com
  
  Elon Musk’s dream of a world connected by tubes is moving one step closer to existing—at least in Europe. Hyperloop Transportation Technologies (HTT) hasagreed to explore the possibility of building a Hyperloop system that would connect Slovakia and the Czech Republic.
  
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• Goldman Sachs profit soars on bond-trading surge

  18-01-2017 20:07 via news.yahoo.com
  
  Goldman Sachs Group Inc reported a nearly fourfold rise in quarterly profit on Wednesday thanks to a surge in bond trading revenue, with its finance chief offering a sunny outlook for business in 2017. Like other Wall Street banks, Goldman benefited from jumps in volume across fixed-income markets late in the quarter after Donald Trump won the U.S. presidential election and the Federal Reserve raised its key interest rate target. Business has remained strong in the first few weeks of 2017, Chief
  
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• ‘Guardians Of The Galaxy Vol. 2’ Spoilers: Nebula Might Have More Fans After Marvel Sequel

  18-01-2017 20:06 via ibtimes.com
  
  Karen Gillan thinks Nebula might be a little more understood after “Guardians of the Galaxy Vol. 2.” The actress said that her blue character’s family relationships will be explored in the sequel, and you better believe that Thanos’ daughters have been putting up with some crazy drama.
  “I think we might even feel a tinge of sympathy towards Nebula this time, because we really start to see the emotional crack in her character,” Gillan told TheWrap.
  
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• Facebook to invest $3B in VR over next decade to reach more users

  18-01-2017 20:00 via techrepublic.com
  
  During an Oculus intellectual property trial, Facebook CEO Mark Zuckerberg said that his company would make a large investment in virtual reality technology to provide a better user experience.
  
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• Lin-Manuel Miranda To Reprise ‘Hamilton’ Role In Honor Of Obama’s Commutation Of Puerto Rican Prisoner

  18-01-2017 19:39 via ibtimes.com
  
  In 2016, Lin-Manuel Miranda shocked many Broadway fans when he announced his departure from the hit musical “Hamilton” but at the time, Miranda said it probably wouldn’t be his last time playing the role of Alexander Hamilton.
  
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• Facebook dismissive of censorship, abuse concerns, rights groups allege

  18-01-2017 19:33 via news.yahoo.com
  
  Nearly 80 rights groups on Wednesday accused Facebook of "racially biased censorship" and failing to be more transparent about its removal policies and cooperation with law enforcement, adding to criticism the company has faced in recent months over its management of content on its network of 1.8 billion users. The sharp rebuke, sent in response to a December letter from Senior Vice President Joel Kaplan, reflected increasing impatience among advocacy groups that say Facebook has inadequately ad
  
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• Trump Says Apple CEO Tim Cook Has 'Eyes Open' To US Production, Wants To Do 'Something Major'

  18-01-2017 19:31 via ibtimes.com
  
  President-elect Donald Trump said in arecent interview with Axios that he spoke to Apple CEO Tim Cook about making iPhones in the United States.
  Trump says the CEO has his “eyes open to it” and that he believes Cook “loves this country and I think he'd like to do something major here.”
  
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• Google To Launch 'Low-Cost' Android One Smartphones In U.S.

  18-01-2017 19:30 via ibtimes.com
  
  Google aims to bring its Android One product line of low-cost smartphones to the United States this year, according toThe Information.
  Details for Android One’s U.S. launch are still being finalized, butThe Informationreports the first phone in the series is slated to launch by the middle of this year. The phone will have guaranteed regular security updates and potentially be priced at between $200 to $300.
  
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• Amber Rose And ‘Dancing With The Stars’ Pro Val Chmerkovskiy Continue To Pack On The Instagram PDA

  18-01-2017 19:24 via ibtimes.com
  
  Amber Rose may not have won the mirror ball on Season 24 of ABC’s “Dancing With the Stars,” but she got something even better. The model and mother of one competed on the show alongside Maksim Chmerkovskiy, through whom she met and began dating his younger brother Valentin Chmerkovskiy.
  
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• S&P, Nasdaq little changed; health stocks weigh on Dow

  18-01-2017 19:01 via news.yahoo.com
  
  (Reuters) - The S&P 500 and the Nasdaq were little changed in choppy trading on Wednesday as gains in tech stocks offset a weakness in retail sector, while the Dow was pulled lower by healthcare shares.
  
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• How to set up two-factor authentication for your Google account

  18-01-2017 18:57 via techrepublic.com
  
  Two-factor authentication is a simple way to add an extra layer of security to your Google account. Here's how to get it set up.
  
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• OPEC sees smaller oil glut in 2017 but flags U.S. shale recovery

  18-01-2017 18:48 via news.yahoo.com
  
  OPEC signaled a falling oil supply surplus in 2017 on Wednesday as the exporter group's output slips from a record high ahead of a deal to cut supply and outside producers show positive initial signs of complying with the accord. OPEC and several independent producers agreed last year to cut supply, the first such deal in 15 years, as of Jan. 1, 2017 to remove a glut. "A continued normalization of monetary policies, indicating improving economic conditions, together with the recent historic coop
  
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• U.S. regulator can sue banks over mortgage bond sales: appeals court

  18-01-2017 17:23 via news.yahoo.com
  
  A U.S. appeals court on Wednesday revived a lawsuit by the Federal Deposit Insurance Corp against five banks including Credit Suisse Group AG stemming from the sales of mortgage-backed securities ahead of the 2008 financial crisis. The 2nd U.S. Circuit Court of Appeals in New York ruled that a lower-court judge had erred in dismissing the FDIC lawsuit, which also named units of HSBC Holdings Plc , Royal Bank of Scotland Group Plc , UBS AG and Deutsche Bank AG as defendants.
  
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