Inflation Is Back—and Consumer-Goods Giants Are Taking Advantage
Wall Street Journal, 18 October at 14:50
Two of the world's largest consumer-goods companies, Unilever UL -0.60% PLC and Nestlé SA, reported stronger sales as a wave of inflation in many markets emboldened them to raise prices. The new pricing power gives a boost of confidence to the entire ...
Oppenheimer upgrades Nike because it believes the sneaker giant is becoming a technology play
CNBC, 18 October at 14:35
Oppenheimer raised its rating on Nike shares to outperform from perform, saying the sportswear company is enhancing a globally dominant brand by investing in all things digital. "A technological evolution is underway at Nike, whereby management is ...
No Powerball winner, jackpot now $430M (see smaller prizes won in NY)
Syracuse.com, 18 October at 14:34
A customer buys a Powerball ticket, Tuesday, Aug. 22, 2017, in Chicago. No Powerball winner, lottery jackpot now $430M (see smaller prizes won in NY). No winning tickets were sold for the $378 million Powerball jackpot in Wednesday's drawing, lottery ...
Why $1 Ebay Yoga Pants Could Be the Latest Victim of President Trump's Trade War With China
TIME, 18 October at 14:22
American shoppers may have to kiss goodbye to the $1 yoga pant deals with free shipping from Chinese sellers that have sprung up on EBay and other e-shopping platforms after the latest salvo in President Donald Trump's trade war. Trump's ordering of
Stock futures point to a muted open as investors digest Fed minutes
CNBC, 18 October at 14:14
U.S. stock index futures pointed to a relatively flat open as investors digested comments from the Federal Reserve's most recent meeting that showed the central bank was leaning toward more rate hikes moving forward. At around 7:10 a.m. ET, Dow Jones ...
Cyprus airline Cobalt abruptly halts flights
USA TODAY, 18 October at 13:51
NICOSIA, Cyprus (AP) — Cyprus-based airline Cobalt Air suspended all its operations indefinitely after failing to find new investors to keep it flying, officials said Thursday. As stranded passengers scrambled to find alternative flights to reach
$1M Powerball ticket sold in NJ as jackpot climbs to $430M with no big winner
NJ.com, 18 October at 13:43
By Jeff Goldman | NJ Advance Media for NJ.com. A $1 million Powerball ticket was sold in New Jersey for Wednesday's $345 million lottery drawing, though there was no big winner and the next Powerball drawing is projected to worth $430 million. The
Bride-to-be slammed for giving friends itemized bill after party: report
Fox News, 18 October at 13:09
A bride-to-be sent friends an itemized bill for her bachelorette party, according to a report. (iStock). An unidentified woman took to social media on Wednesday to blast her bride-to-be friend for sending her a breakdown of the bill from a recent "Hen
Cyprus Airline Cobalt Halts Flights Amid Lack of Investment
U.S. News & World Report, 18 October at 13:08
Cyprus-based airline Cobalt Air says it has indefinitely suspended all of its operations amid a struggle to find investors. Oct. 18, 2018, at 6:18 a.m.. More. U.S. News & World Report. Cyprus Airline Cobalt Halts Flights Amid Lack of Investment. More.
China stocks plunge amid heavy selling in the energy sector and growing worries about the economy
CNBC, 18 October at 12:52
Chinese stocks fell sharply on Thursday as heavy selling in the energy sector and worries about the levels of borrowing in the stock market added to broader concerns over growth and the global sell-off in equities. The Shanghai Composite index closed
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