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1 Article
Source: Common Domain

Walmart stock gains after earnings show big e-commerce growth

Tuesday 22:45 GMT

On the agenda are reports from LendingClub Corp. LC, +0.28% Diamondback Energy Inc. FANG, -1.23% Devon Energy Corp. DVN, -0.81% and Host Hotels & Resorts Co. HST, +0.32%

Walmart WMT, +3.98%  expects that sales growth from e-commerce will decelerate in the year ahead, but right now a key focus is improving the margins from web sales. Chief Financial Officer Brett Biggs told investors that the company is “working with a great sense of urgency” to boost online sales in home goods and apparel, areas that could help margins.

1 Article
Source: BBC

Pop music's growing gender gap revealed

Today 08:59 GMT

Lara Baker, a music industry diversity consultant, says there has long been a gender imbalance in the charts and behind the scenes, but adds that the figures showing a growing gap are "really worrying". "I'd like to see streaming platforms, festivals and radio stations giving more attention to equal representation than they currently do," she says.

Singer Mabel, who is currently in the top 10, said she wasn't surprised by the gender gap, telling BBC News: "No, I think we still have a lot of work to do.". Rita Ora and Bebe Rexha's manager Sarah Stennett said: "The gap that exists is not acceptable.

1 Article
Source: Common Domain

U.S. Sales Prices Increase as Number of Houses Sold Drops

Today 09:00 GMT

As the number of houses entering the market in the U.S. continues to increase, January saw an annual home price increase across the country, according to Redfin’s monthly report Tuesday.

This decline in sales is reflected in several of the U.S.’ larger metropolitan areas: Annually, Philadelphia fell 34.3%, West Palm Beach, Florida, fell 26.2%, Chicago dropped 25.5% and Los Angeles was down 16.4%.

1 Article
Source: BBC

UK employment hits another record high

Today 09:00 GMT

ONS deputy head of labour market Matt Hughes said: "The labour market remains robust, with the employment rate remaining at a record high and vacancies reaching a new record level. "The unemployment rate has also fallen, and for women has dropped below 4% for the first time ever."

"The increase in the number of vacancies to a new record high confirms that labour and skills shortages are set to remain a significant a drag on business activity for some time to come, impeding UK growth and productivity."

1 Article
Source: Common Domain

Cannabis stocks mixed in choppy trade with Canopy Growth and Hexo in focus

Today 09:00 GMT

Cannabis stocks were mixed on Tuesday, amid a flurry of announcements on the progress of medical and recreational-use bills around the U.S.. Pennsylvania’s medical cannabis businesses made at least 600,000 transactions in its first year, allowing 83,000 patients access to the substance, Gov. Tom Wolf announced over the weekend.

See: Here’s why the craft cannabis industry can thrive in the face of Big Marijuana. Elsewhere in the sector, U.S. listed shares of Quebec-based Hexo Corp. HEXO, +0.18% HEXO, +0.00%   were flat, after Oppenheimer initiated coverage with an outperform rating and 12 to 18-month stock price target of $7.00, or about 18% above its current trading level.

1 Article
Source: Reuters

North Korea's 'socialist utopia' needs mass labor. A growing market...

Today 00:34 GMT

The rise of markets and growing public resentment toward forced labor have eroded the quality of labor at most brigades nationwide, defectors say.

North Korean defectors and human rights activists say such mass mobilizations amount to “slave labor” disguised as loyalty to Kim and the ruling Workers’ Party. Young workers get no pay, poor food and are forced to work more than 12 hours a day for up to 10 years in return for better chances to enter a university or join the all powerful Workers’ Party.

1 Article
Source: Common Domain

Roses Are Red, Orchids Are Addictive

Tuesday 16:20 GMT

While some orchids still have steep price tags, in recent decades, orchid collecting has taken root beyond the elites, thanks to technological advances that have made commercial growing cheaper and easier.

“There’s this really nasty stigma out there…that orchids are hard,” said Chris Satch, who promotes the hashtag #orchidsareforeveryone to his roughly 3,800 Instagram followers. “It’s just retraining your mind to think, ‘What does this plant want?’ ”. About four years ago, a friend gave Mr. Satch a coconut orchid, a lush, blood-red flower that typically grows in Mexico and Central America and smells like coconut cream pie.

1 Article
Source: Common Domain

Government shutdown poisoned small-business sentiment across the U.S.

Tuesday 10:49 GMT

During the 35-day government shutdown, media coverage tended to focus on the struggles of federal employees who missed their paychecks.

Still, the vast majority of federal workers will receive back pay now that the government has re-opened after the longest-ever shutdown. The same can’t be said for the thousands of small businesses and their employees who have been irrevocably hurt by the shutdown.

1 Article
Source: Reuters

Take Five: The R-word - World markets themes for the week ahead

Monday 08:58 GMT

(Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

After a torrid 2018, a dovish turn by the U.S. Fed has brought investors back to emerging markets, with JPMorgan, Citi, Fidelity, BlueBay and others upping exposure and advising clients to do so. The result: emerging markets were crowned the most crowded trade by Bank of America Merrill Lynch’s monthly investor survey for the first time on record.

1 Article
Source: Fox News

Deroy Murdock: Club for Growth outruns super PAC rivals

Sunday 21:49 GMT

“Additionally, when Club for Growth PAC endorses a candidate, Club PACs overwhelm the opposition with targeted spending. In other words, we go all in.”

“This gives Club for Growth PAC a tremendous advantage in framing the narrative of the race and defining the opposition before they can attempt to define our endorsed candidate. “Unlike other groups, Club PACs engage very early on in races so that our dollars are spent more effectively and efficiently when campaigns usually don’t have the funds to be on air themselves,” McIntosh notes.


“Four hostile newspapers are more to be feared than a thousand bayonets...” ― Napoléon Bonaparte