Finance

US home prices surpass pre-recession peak amid healthy sales

US home prices surpass pre-recession peak amid healthy sales

While cities that experienced the biggest booms prior to the financial crisis remain below their peak price levels, seven of the 20 major cities have hit new post-recession peaks, Blitzer said in a statement . Southern cities also are posting stronger gains than those in the North, Case-Shiller said. In a reverse from yesterday, 30-year and 15-year fixed rates dropped slightly on Tuesday, while 5/1 ARM rates held steady once again, according to a NerdWallet survey of mortgage rates ... Read More

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Ford reveals full 2018 Fiesta lineup, including Active 'crossover'

There will be three- and five-door variants available. While India's tryst with the Ford Fiesta hasn't been particularly fruitful, apart from a good run of the Fiesta Classic, the hatchback's a popular entity in Europe. But it is the other two offerings, Active and Vignale, that represent the more radical diversions from the traditional Fiesta blueprint. The Fiesta will also be available with large-car safety systems, including Traffic Sign Recognition, automatic high-beam assist, ... Read More

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Italy PM pressed to stay as referendum looms

Italy PM pressed to stay as referendum looms

Renzi campaigned as a reformer three years ago. Will Italy deliver the next shock to the political establishment? When it meets just four days after the referendum, the European Central Bank could send signals to calm the markets. She said: "In Italy, this would represent a robust endorsement of the current coalition's ambitious programme of reform". "Since the turn of the century, Italy has lost more market share than most developed countries, including those in the euro area". Read More

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Dreamworld to reopen on December 10

Ardent Leisure Group, Dreamworld's operator, announced the re-opening following the successful completion of the mechanical and operational safety review. The park, on the Gold Coast in Queensland, will reopen having a charity weekend in time for school holidays that are local. "In the month of November 2016, Dreamworld is also expected to incur approximately $1.6 million in costs associated with the tragedy (net of expected insurance recoveries)", he said, in the ASX announcement. Read More

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Facebook Users Can Now Play Games Like Pac-Man In Messenger

Facebook Users Can Now Play Games Like Pac-Man In Messenger

People in the conversation see a user's score, allowing them to challenge and compete with their friends in a game of Pac-Man. Instant Games will be made available via an update to the app and is the latest addition in a growing list of new features for Messenger, with Facebook founder Mark Zuckerberg saying a year ago he wanted to turn the messaging app into a platform. Read More

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Patagonia to donate $10 million from Black Friday revenue

Guess Jeans Moguls Set to Launch L.A. Museum: Maurice and Paul Marciano, who co-founded the apparel brand with their two brothers, will display their collection of 1,500 contemporary works at the Marciano Art Foundation, slated to open next spring in a massive former Masonic Temple in downtown Los Angeles, The Wall Street Journal writes (subscription). Read More

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South Koreans Urge Resignation Of Scandal-Hit President

The president has apologized twice on national television, but has so far resisted calls to resign. " It is hard to forgive myself and sleep at night with feelings of sorrow ", Park said of the scandal. Riot police troops and protesters engage in a shoving match as the protesters attempt to march toward the presidential Blue House during a rally demanding the resignation of South Korea's President Park Geun-Hye in central Seoul on November 26, 2016. Read More

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New Orleans Police say shooting leaves 1 dead, 9 injured

Police do not know whether the victims - two women and eight men - were targeted or what precipitated the shooting, Harrison said. Few details about the victims are available, except that their ages range from 20 to 37. Witnesses described chaos in the moments following the shooting, as the throngs of revelers - their numbers swelled by the annual Bayou Classic football weekend - scattered for safety. Read More

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Philip Morris CEO looks towards phasing out cigarettes

Philip Morris CEO looks towards phasing out cigarettes

Initial trials found the new cigarette had similar effects to quitting smoking. Calantzopoulos agreed that their products are harmful for consumers, saying that it's our objective to "find and commercialize" those that cause less harm. The health charity Ash said that unlike electronic cigarettes, which vaporise nicotine suspended in a liquid, the iQOS heats and vaporises tobacco. Read More

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Federal government approves Kinder Morgan and Line 3, rejects Northern Gateway

Prime Minister Justin Trudeau on Tuesday told reporters the 6.8- billion-Canadian-dollar (5 billion-US-dollar) proposal by Kinder Morgan to triple the capacity of its Trans Mountain pipeline would create 15,000 jobs. The Liberals are also mulling over Kinder Morgan's controversial bid to triple the capacity of its Trans Mountain pipeline from Alberta to the port in Burnaby, B.C., a ruling that must come no later than December 19. Read More

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Lufthansa says some flights will be canceled on Sunday

Lufthansa says some flights will be canceled on Sunday

A Lufthansa spokesman said the flight plan was otherwise "more or less" normal, and that if Cockpit did not call another strike for Monday, operations would run completely as usual as the week starts. A Lufthansa pilot in the top seniority category can earn more than 22,000 euros ($23,000) per month. That's fewer than on previous days, when Cockpit members also hit short-haul flights. Read More

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Philippine court urged to order Marcos' remains exhumed

Philippine court urged to order Marcos' remains exhumed

Director Oscar Albayalde says, with or without permit, they will allow the protesters to hold the rallies. Mr Malabed got his first big break embalming Mrs Marcos' brother and sister, which opened doors to the Marcos family. However, that does not mean we will keep quiet because we know Duterte is at fault and is answerable for allowing the giving of honor and recognition to the dictator, Tuayon said. Read More

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Multiple CA Mosques Report Receiving Threatening Anti-Muslim, Pro-Trump Letters

The letter is signed "Americans for a Better Way". Both the Los Angeles and San Francisco chapters of the Council on American-Islamic Relations have called on local law enforcement to step up their protection of local mosques. Patch has also reported on numerous incidents motivated by hate and racism since the election. "This is a great time for patriotic Americans", the letter continued. Read More

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A look at 5 Trump business ties that pose conflicts

If Trump chooses Romney for State and Mattis for Defense, he would be sending a signal to our leading allies around the world and to Putin and the Russian military that while he wants better relations between the United States and Russia, he would take a strong negotiating position and would not support Russian aggression. Read More

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