Markets

The construction industry added 60,000 jobs and manufacturing added 32,000. Professional/business services added 66,000 jobs, while trade/transportation/utilities added 9,00. Monthly employment is the most closely watched economic report, indicating how the broader economy is doing and capable of jolting the financial markets either for better or for worse, within seconds of release.
  • Dow Jones breaks through 21000 mark

    Dow Jones breaks through 21000 mark

    Markets

    The Dow Jones industrial average closed above 21,000 for the first time. Ten of the major S&P 500 indexes were lower, led by a 0.5 percent decline in the energy sector. Among the worst performers in the Dow Jones was Wal-Mart who have contributed to most of the losses while weak Target sales dragged the S&P 500 with a 10% decline in its own shares.
  • Dev Patel is dating his co-star Tilda Cobham Hervey

    Markets

    It appears Dev has a knack for falling for his co-stars. Tilda Cobham-Hervey is co-starring in the film, and the filming has begun in Mumbai . So there's that - plus the fact that they took a romantic trip to a doughnut shop in Mumbai called Oh Dough, which looks and sounds so heavenly that we'd probably fall in love with whoever took us there, too.
  • Duterte resumes police's war on drugs in Philippines

    Markets

    Global rights monitor Amnesty International released a report on February 1 warning that the killings in the drug war may amount to a crime against humanity. Duterte has resolutely defended the campaign and lambasted anyone who raises concern about it, including world leaders like then U.N. Secretary General Ban Ki-moon and former U.S.
  • Peugeot boss offers UK union reassuring words on Vauxhall plants

    Markets

    Britain's business minister Greg Clark said talks with Tavares focused on the firm's desire to boost output. They also doubt PSA, owned 13% by the French government and 14% by the founding French family Peugeot, will keep open production plants outside of the European Union single market.
  • OPEC, non-OPEC countries cut output to boost oil prices

    OPEC, non-OPEC countries cut output to boost oil prices

    Markets

    Benchmark Brent crude oil was trading at around $57.02 per barrel on Friday. Iran said on Thursday an increase in oil prices to more than $55 per barrel was not in the interest of OPEC as it would lead to a rise in output by non-OPEC producers.
  • Buffett's annual letter to shareholders released

    Markets

    Buffett, 86, manages the other $100 billion. Buffett used the letter to again explain the advantages of low-priced index funds. In his 2016 letter, Buffett took special aim at hedge funds, which in recent years have faced persistent outflows of investor money because of poor performance, stubbornly high fees, and a broad move toward cheaper, passive options like index funds and exchange-traded funds.
  • Police Arresting Water Protectors Who Remain At Camp After Deadline — NoDAPL

    Police Arresting Water Protectors Who Remain At Camp After Deadline — NoDAPL

    Markets

    At the main camp, though, the remaining pipeline protesters - who numbered about 200 or so earlier this month, down from the thousands who gathered in the fall - were preparing to leave the property due to the eviction notice. "All of them are going to be out there fighting to hold their land". Pope said the corps will begin cleaning out whatever remains in the camp Thursday.
  • The shame of Trump's betrayal of transgender kids

    The shame of Trump's betrayal of transgender kids

    Markets

    Department of Education Secretary Betsy DeVos pushed back against reports that she supported the Obama administration's transgender bathroom directive for public schools, stating that she supports the Trump's administration's decision to reverse the policy.
  • Ramjas College: Delhi Police register rioting case after ABVP-AISA clash

    Markets

    They allege that ABVP and saffron organizations have let loose "reign of terror" in the campus with both Warden and Principal acting as mute spectators. On Wednesday, the students related to Left-affiliated AISA and others and the BJP-backed ABVP clashed with each other causing injuries to many. PhD scholar Umar Khalid was jailed previous year by Delhi Police on sedition charges.
  • Earnings Roundup: Lexington Realty Trust (NYSE:LXP)

    Markets

    An ROI of 4.90% for Digital Realty Trust, Inc. evaluates and compares the efficiency of the various numbers of investments relative to the cost of investments. Weiss Multi Strategy Advisers LLC increased its stake in Federal Realty Investment Trust by 21.2% in the second quarter. Invictus RG now owns 2,847 shares of the real estate investment trust's stock worth $471,000 after buying an additional 1,904 shares during the period.
  • Free Pac 12 Pick to Click: Oregon St. at California

    Markets

    Despite the victory, OR is still second to Arizona in the Pac-12 standings with two games left in the regular season. Oregon Ducks' junior forward Dillon Brooks has made some negative headlines with a groin kick a flop, but he's had some great moments on the court this season too.
  • Burger King Just Bought Popeyes For A 'Whopping' $1.8 Billion

    Burger King Just Bought Popeyes For A 'Whopping' $1.8 Billion

    Markets

    Daniel Schwartz, the CEO of Restaurant Brands said that Popeyes will be managed independently. The deal gives Popeyes shareholders $79 per share, representing a 27 percent premium from its average price on February 10. "We look forward to taking an already very strong brand and accelerating its pace of growth and opening new restaurants in the USA and around the world", Schwartz added.
  • Investigation after landing gear collapses on Flybe flight

    Investigation after landing gear collapses on Flybe flight

    Markets

    In a statement, the airport said the plane's landing gear "collapsed during touchdown", with 59 people on board. Elsewhere, more than 100 flights have been cancelled or diverted due to high winds. Flybe chief executive Christine Ourmieres-Widener said: "Our pilots regularly train for situations such as this in simulators at our training academy in Exeter".
  • Barclays full-year profits triple to £3.2bn in 2016

    Barclays full-year profits triple to £3.2bn in 2016

    Markets

    The bank said profits rose 182% to £3.2bn from £1.1bn the year before. Michael Hewson, chief market analyst at CMC Markets, said the results were better than expected, but cautioned over a "sting in the tail" ahead of the outcome of its battle with USA authorities.
  • Norwegian fares put pressure on transatlantic rivals

    Markets

    Norwegian chief executive Bjorn Kjos announced last May that the airline would launch transatlantic routes from Edinburgh, including to Boston, as The Scotsman and Edinburgh Evening News were the first to report. In a press conference earlier this month, White House press secretary Sean Spicer seemingly agreed with Norwegian's stance saying the airline's agreement to hire United States crew and place orders for Boeing jets represent "huge economic interests" for America.