Posts From King World News

Google's new app wants to know Who's Down

Once you’ve got a suite of apps covering email, office apps, maps, an intelligent assistant, photos, notes, calendars, messaging, social networking and just about everything else, there aren’t many new directions to explore. Google still has new ideas for software though – hence its Who’s Down app, which just showed up on the App Store and Google Play. As you could probably guess from the name, it lets you see

Google sued by express delivery driver seeking wages

By Dan Levine SAN FRANCISCO (Reuters) – A driver for Google’s same day delivery service filed a proposed class action lawsuit against the company on Friday, alleging it improperly classified her as an independent contractor and owes expenses. The case, filed in a Massachusetts state court, comes days after Amazon Prime Now drivers filed a similar lawsuit against Amazon.com Inc in California. Like drivers in the Amazon case, Google Express

Battered transport stocks could attract on price

Continuing weakness in railroad and trucking companies have pushed the Dow Jones Transport Average index away from the S&P 500, a divergence that often is seen as a broad sell sign. “There is no ‘sell’ signal as far as I’m concerned,” said Katie Stockton, chief technical strategist at BTIG in New York.

Battered transport stocks could attract on price

Continuing weakness in railroad and trucking companies have pushed the Dow Jones Transport Average index away from the S&P 500, a divergence that often is seen as a broad sell sign. “There is no ‘sell’ signal as far as I’m concerned,” said Katie Stockton, chief technical strategist at BTIG in New York.

Largest U.S. banks face $120 billion shortfall under new rule

The requirements are aimed at ensuring that some of the biggest and most interconnected banks, which include Goldman Sachs Group Inc, (GS.N), JPMorgan Chase & Co, (JPM.N), and Wells Fargo & Co (WFC.N), can better withstand another crisis by turning some of their debt, particularly debt issued by their holding companies, into equity without disrupting markets or requiring a government bailout. The banks are expected to meet the $120 billion