http://i.kinja-img.com/gawker-media/image/upload/t_original/v6vak3mvr24l7h4nxy5p.jpg

Markets

Some might, but since data breaches have become more common, this latest disclosure is unlikely to make a serious dent in Yahoo's user base, said Travis Smith, senior security researcher for Tripwire, which makes security software. In other words, the wisdom of the stock market is Yahoo's cyberstumbles may cost shareholders more than $ 1 billion in a reworked Verizon acquisition.
  • OPEC, non-OPEC break 15 year-old deadlock, agree to oil cut

    OPEC, non-OPEC break 15 year-old deadlock, agree to oil cut

    Markets

    Novak told reporters earlier that he sees no risks of agreement's failure and that Russian Federation will abide by its commitments to reduce oil production by the 300,000 barrels per day. "Emotionally, the market will likely rally", said Mr Adam Ritchie, founder of AR Oil Consulting. Oil closed at $51.58 on Friday, up 6 percent since the OPEC production cut was announced.
  • How the Dow Jones industrial average finished Thursday

    How the Dow Jones industrial average finished Thursday

    Markets

    The Dow Jones industrial set another record high. The Dow Jones industrial average jumped 286 points, or 1.5 percent, to 19,538 as of 3:35 p.m. The Standard & Poor's 500 index climbed 4 points, or 0.2 percent, to 2,246. Health-care and biotechnology stocks slid Wednesday after Mr. Trump was quoted in a Time magazine article as saying: "I'm going to bring down drug prices".
  • Fox approaches Britain's Sky for takeover

    Fox approaches Britain's Sky for takeover

    Markets

    Media tycoon Rupert Murdoch controls 21st Century Fox, which already owns a 39.1% stake in Sky. According to Reuters calucations, Fox will pay 11.25 billion pounds for what it doesn't already own of Sky. "Fox is of course also a dollar bidder, and the collapse in sterling makes Sky a less expensive purchase than pre-Brexit", he said. That figure does not include the value of any dividends paid by Sky.
  • Oil Soars on Optimism Over OPEC Deal

    Markets

    Research firm IHS Inc. estimates that if crude rises to $55, USA production will instead grow by about 500,000 barrels a day - offsetting almost half of OPEC's stated cut. OPEC gave up assigning quotas in part because members have ignored them in their quest for petrodollars. With the agreement today, Opec has put a new floor under prices.
  • Gunbattle triggers anti-India clashes in Kashmir

    Gunbattle triggers anti-India clashes in Kashmir

    Markets

    The Foreign Office on Thursday hoped that the global community would put sustained pressure on India for stopping human rights abuses in held Kashmir and resuming dialogue with Pakistan . "We have consistently expressed our concerns to the highest levels of Government of Pakistan about their continued tolerance for Afghan Taliban groups such as the Haqqani Network operating from Pakistan soil", state department deputy spokesperson Mark Toner said about the meeting.
  • Unemployment rate drops to 4.6 percent, a 9-year low

    Unemployment rate drops to 4.6 percent, a 9-year low

    Markets

    The labor market gained an additional 178,000 jobs this past month. A broader measure of joblessness that accounts for the underemployed and discouraged workers also fell, declining from 9.5 percent in October to 9.3 percent in November, the lowest since April 2008.
  • Will make black cash Jan Dhan: PM

    Will make black cash Jan Dhan: PM

    Markets

    December 3: Security has been tightened and SPG sleuths deployed as Prime Minister Narendra Modi will address a "Parivartan rally" in Moradabad in poll-bound Uttar Pradesh around 2 p.m. Modi made an emotional plea to people to adopt cashless options. "I have no high command", he said. Will this corruption go away on its own? "More than 1,000 villages in Moradabad didn't even have access to electricity".
  • Why the All-New 2019 Fiesta Could Boost Ford Motor Company's Profits

    Why the All-New 2019 Fiesta Could Boost Ford Motor Company's Profits

    Markets

    While the new Fiesta isn't much bigger on the outside than the model it replaces, the dashboard has been reshaped to free up more interior space, so four adults can fit inside comfortably enough. Until then it's offered in a range of power outputs from 100 to 140hp, joined in the range by a 1.5-litre diesel with either 85 or 120hp plus a 1.1-litre petrol that shares its architecture with the Ecoboost but is naturally aspirated.
  • Nusli Wadia to proceed with defamation lawsuit against Tata Sons

    Nusli Wadia to proceed with defamation lawsuit against Tata Sons

    Markets

    Nusli Wadia , the independent director on the board of Tata Steel Ltd . and Tata Motors Ltd., hit back at Tata Sons for the third time, saying the group has failed to justify the "defamatory allegations" it has made against him. Tata Sons , the holding company of the Tata Group companies, removed Mistry, 48, as its Chairman last month and reinstated Ratan Tata in an interim capacity.