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Amazon sold 'millions' of Alexa speakers for holiday

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The Amazon Echo and its smaller version, the Echo Dot.James Cook/BIThe larger Echo costs $179.99, though, so its popularity would appear to be more encouraging. "While Amazon's device sales are still relatively small growth drivers now, we believe the proliferation of these devices will drive more ubiquitous use of Amazon services over time", said Baird Equity Research analyst Colin Sebastian in a note, pointing to customers ordering more items by speaking to the Echo. Read More »

Toshiba Says It Will Book Huge Losses On Cost Overruns

The Japanese group said cost overruns at USA power projects handled by a nuclear construction business newly acquired from Chicago Bridge & Iron would be much greater than initially expected, potentially requiring a huge writedown. CB&I and Westinghouse are involved in litigation over the calculation of working capital in the deal. Shares in Toshiba were trading down 12 percent in late morning trade after plunging as much as 16 percent at one stage to its lowest in more than a month. Read More »

Oil extends winning streak ahead of Opec production cut

Crude futures traded between small gains and losses on Tuesday, with the market sticking to an optimistic view ahead of a landmark effort by oil producers to reduce global supply. But Libya and Nigeria - which are exempt from reductions because conflict has curbed their output - have been increasing production. Thus, oil production of Saudi Arabia in October amounted to nearly 10.53 mln barrels per day. Read More »

South Africa pacers rattle Sri Lanka before bad light ends play

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He finished with 5 for 63 as South Africa lost its last four wickets for 19 runs. Dhananjaya de Silva (43*) and Dushmantha Chameera (7*) were at the crease at the close of play and will continue in the middle on day three. South Africa were dismissed for 286, with Suranga Lakmal (5-63) claiming his first Test five-for after a stunning performance. Even without leading trio AB de Villiers, Dale Steyn and Morne Morkel, the hosts are expected to defeat their island opponents, who have ... Read More »

Iran to finalize aircraft deal with ATR next week

The nation has faced significant difficulties replacing its aging passenger aircraft under global economic restrictions that punished worldwide firms from doing business with Iran until President Barack Obama gathered other major world leaders and reached the Joint Comprehensive Plan of Action in 2015. Read More »

A&E cancels KKK docuseries before it premieres

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Though the payment amounts were " nominal ", A&E said handing over the money violated its documentary practices policy. " We have now decided not to move forward with airing this project ". Critics accused A&E of " normalizing " racism and hate in America. Reports indicate that Escaping the KKK is getting cancelled thanks to people involved with the docuseries allegedly paying for access to members of the Klu Klux Klan. Read More »

Putting Used Shipping Boxes to Good Use

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And Amazon will pick up the shipping tab. When you donate to Goodwill through Give Back Box, you enable Goodwill to help people find work, strengthen their families, and enrich the local community. Let us know by leaving your comments down below or on Google+, Facebook, or Twitter. "Give Back Box is a vendor that provides charitable organizations with an IT infrastructure". Read More »

Chelsea: Pedro hails Antonio Conte's magic on the training ground

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The Blues are looking pretty much unstoppable at the moment and it will take a huge effort from the likes of Liverpool, Manchester City and Arsenal to catch the leaders. Four minutes later, Ibrahimovic sent in a cross behind substitute Mkhitaryan, who might have been offside but still managed to flick the ball into the net with a spectacular back-heeled volley. Read More »

Hanukkah to begin at sundown Saturday

Krinsky sees a slight benefit to the years when the celebrations coincide. After driving the Greeks from the land, the Jews reclaimed the Holy Temple and, in an effort to light its menorah , discovered only a single "cruse" of olive oil that had "escaped contamination by the Greeks". Read More »

Russian Military Plane Crashes in Black Sea, Killing 92

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The Defense Ministry published a list of those on board. No survivors have been found at the crash site, Russian officials said. Members of the choir were travelling to Syria to celebrate the New Year with Russian troops. "Everything will collapse now". "Everything will collapse now, the best ones are gone". Here's a 2009 concert performance by the Alexandrov Ensemble. Read More »

Obama Refuses to Veto Anti-Israel Resolution by UN Security Council

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The resolution was passed in the 15-member Security Council because the U.S. broke with its long-standing approach of diplomatically shielding Israel and did not wield its veto power, instead abstaining. There is no attempt on their part to engage in moral equivalence, seeing Israel alone as the one power responsible for the failure of an Israeli-Palestinian agreement. Read More »

USA economic growth revised even higher

With these as defining factors that boost the economy's fundamentals, the Federal Reserve raised interest rates the previous week. Global investors' holdings of US equity stocks rose to six-month highs in December on bets that US President-elect Donald Trump's promised fiscal splurge would spur higher growth and inflation. Read More »

Shafiq excited for Boxing Day Test

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In 2012, the left-arm quick was rested; in 2013, he missed the entire Ashes series due to a stress fracture; in 2014, he was dropped in favour of Ryan Harris; and past year, he missed the annual Melbourne Test match due to an ankle injury. Read More »

Deutsche Bank to pay $7.2 billion to close U.S. mortgage probe

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Under the settlement , Deutsche's payment will be made up of a civil penalty of $3.1bn as well as $4.1bn in consumer relief that will help U.S. homeowners. Deutsche Bank declined to comment. Deutsche shares rose 4% today to €18.44 as investors breathed a sigh of relief. Its shares plunged to a record low of 9.90 euros in September, after the bank confirmed the Justice Department was demanding $14 billion. Read More »

China Fines General Motors for Monopolistic Pricing

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That followed reports that the country was set to crack down on a us automaker. The government's fine is equal to 4% of the sales revenue from the affected models during the previous year, said the CCTV report. The fine will total 201 million yuan (just shy of $29 million). The action ended speculation after an official forewarned of penalties against a US automaker. Read More »

Tulsa Fire Department Issues Dry Christmas Tree Warning

The FDNY also notes that you shouldn't be using actual candles to decorate a tree and that it should be kept away from an open flame or heat source. Unattended cooking is a leading cause of house fires. Approximately one-third of home fires and home fire deaths occur during December, January and February. The red holographic UL denotes indoor and outdoor-use only. Read More »

Brent Oil Prices Rebound on Signs of Rising US Demand

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The global benchmark has slipped 0.54 per cent to $54.74 a barrel, while U.S. sweet crude is down 0.59 per cent to $52.64. Elsewhere on the New York Mercantile Exchange, Nymex reformulated gasoline blendstock for January RBF7, +0.13% - the benchmark gasoline contract - gained.68 cent, or 0.4%, to close at $1.5639 a gallon. Read More »

USA makes biggest Okinawa land return since 1972

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Prime Minister Shinzo Abe and U.S. Ambassador Caroline Kennedy attended a ceremony Wednesday in Tokyo to mark the handover of more than 4,000 hectares (about 10,000 acres), about half of the Jungle Warfare Training Center in the north of the island. Read More »

Hijackers divert Libyan plane to Malta, threaten to blow it up

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Malta's Prime Minister Joseph Muscat says he has been alerted to a "potential hijack " situation. Maltese government sources told AFP that there was a single hijacker on board who had told the crew that he had a grenade and would release the passengers only if his as yet unspecified demands were met. Read More »

Fred's, Inc. (NASDAQ:FRED) Shares Soars 5.01% Friday's Premarket

Fred's stock has soared since, rising about 75 percent this week, its biggest one-week gain since its shares began trading almost 25 years ago. The stock has risen nearly 8 percent in the last 12 months. The company shows its Return on Assets (ROA) value of 1.2%. Stock 3 months performance is recorded as 42.52%. 0 analysts assign "Sell" rating for the stock. Read More »

Feds probe alleged rollaways of Fiat Chrysler vehicles

This issue is said to be similar to the Fiat Chrysler recall blamed in the death of 27-year-old " Star Trek " actor Anton Yelchin . In April, Fiat Chrysler recalled more than 1.1 million cars and SUVs worldwide because the vehicles may roll away after drivers exit. Read More »

Michael "Tiger Mandingo" Johnson's conviction for HIV transmission has been thrown out

Subsequently, the court chose to "reverse the judgment of the trial court" and start a new trial. Excoriating prosecutors for deliberately withholding evidence, a court of appeals has ordered a new trial for Michael Johnson , better known by his online name Tiger Mandingo , who was convicted past year for "recklessly" infecting a person with HIV and exposing or attempting to expose four others. Read More »

Odebrecht Pleads Guilty to Bribery in Brazilian Car Wash Probe

Attorney's Office in the U.S. District Court for the Eastern District of NY, charging the company with conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act. The companies pleaded guilty in the USA federal court in Brooklyn to conspiring to violate a U.S. foreign bribery law after an investigation involving political kickbacks and Brazil's state oil company, Petrobras. Read More »

NORAD Santa Tracker 2016: How did the tradition evolve?

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In 1955, after a Colorado Springs-based Sears Roebuck & Co.ad misprinted the telephoner number for Santa Claus with the telephone number for the Continental Air Defense Command (CONAD), NORAD's predecessor. Soon after that, the tradition of talking to children as Santa evolved. Before that, there's still plenty of fun things going on at the North Pole. Read More »

Energy Transfer Equity L.P. (ETE) Sees Significant Increase in Short Interest

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Integrated Wealth Management raised its stake in shares of Energy Transfer Equity L.P.by 1.0% in the third quarter. Stockholders also hunt for price-to-earnings ratio to pick value equities. (NASDAQ:EVEP) for 1,271 shares. For trailing twelve months, EPS value for the stock is $0.69. The job of analysts is to issue recommendations for their clients, and not typically for the general public. Read More »

Arik Air Staff Protest, Shut Down Lagos Operations

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This was revealed in a communique signed by the leadership of the unions, Arik Air management and a representative of the NCAA. The statement added that the Airline had scheduled a meeting for Wednesday, but the protesters did not wait. Read More »

Goldman Sachs' stock drop is holding the Dow down

Goldman Sachs (GS.N), which was up 2.2 percent, gave the biggest boost to the blue-chip index. Travel website operator TripAdvisor jumped $2.83, or 6.1 percent, to $49.28 after it said it will start adding some Expedia brands to its instant hotel booking platform. Read More »