Business

Jamie Dimon Slams Bitcoin as a 'Fraud'

Jamie Dimon Slams Bitcoin as a 'Fraud'

Bitcoin's price fell as much as 4 percent following Dimon's comments and was last trading at $4,164. The remarks aren't a surprise, as Dimon has a long history of being critical of bitcoin , so fans will doubtless comfort themselves with the thought that his prediction that bitcoin will be stopped hasn't happened yet.


Tesla system partly to blame in fatal 2016 crash: safety panel

Tesla system partly to blame in fatal 2016 crash: safety panel

Today the Board also suggested that the nature of the Tesla self-driving systems means that drivers can become disengaged and fail to watch the road if the Autopilot system is on for long periods of time. Simpson, Consumer Watchdog's Privacy Project Director. "We appreciate the NTSB's analysis of last year's tragic accident and we will evaluate their recommendations as we continue to evolve our technology", a Tesla representative wrote in a statement.


Nordstrom stock falls after inventory-free store plan

Nordstrom stock falls after inventory-free store plan

Nordstrom thinks the streamlined experience reflects the way many people want to shop now. Nordstrom Inc .'s plan to open a smaller store concept with no inventory isn't sitting well with investors. Nordstrom senior vice president Shea Jensen said: "As the retail landscape continues to transform at an unprecedented pace, the one thing we know that remains constant is that customers continue to value great service, speed and convenience".


JD Sports share price rises on

JD Sports share price rises on "strong progress"

JD Sports said it achieved "encouraging" like-for-like sales growth of 3% in the half and "strong" growth online, while also benefiting from new store openings across the UK & Ireland, mainland Europe, Malaysia, and its first stores in Australia.


Top Performer of the day: Microsoft Corporation (MSFT)

Top Performer of the day: Microsoft Corporation (MSFT)

Among 14 analysts covering Veeva Systems ( NYSE:VEEV ), 8 have Buy rating, 0 Sell and 6 Hold. The lowest target is $37.0 while the high is $43.0. Recently, investment analysts covering the stock have updated the mean rating to 2.2. Retirement Sys Of Alabama has invested 0.09% in Kroger Co (NYSE:KR). Voya Invest Management Ltd Liability Corporation invested 0% in First Foundation Inc (NASDAQ:FFWM).


Sales of cars, SUVs rise in August

Sales of cars, SUVs rise in August

Also, now there are a few more slabs of taxes on the auto industry as compared to the erstwhile Excise Duty structure. Commercial vehicles exports stood at 7,292 units declining by nearly 28 percent. Commercial vehicle sales, too, increased 23.22% year on year to 65,310 units due to increase in movement of goods, SIAM said. MHCV sales grew by 28.43% as it sold 26,376 units in August 2017 in comparison with 20,537 units in the same month past year.