Business

U.S. stocks open higher ahead of Fed meeting

In other words, inflation is signaling that the Fed should not increase rates. "The Fed could well set the balance-sheet-reduction process in motion", said Daniel Lenz, an analyst at DZ Bank in Frankfurt. It was 0.2 percent higher on Monday. Yields, which rise when bond prices fall, climbed last week, reflecting stronger inflation data, easing concerns about the economic impact of Hurricane Ir... [Full Article...]

Ford, Mahindra Team Up in India, Eye Other Emerging Markets

Ford, Mahindra Team Up in India, Eye Other Emerging Markets The areas of potential cooperation include mobility programmes, connected vehicle projects , electrification, product development, sourcing and commercial efficiencies , distribution within India (improving Ford's reach within India ) and improving Mahindra's reach outside of India. [Full Article...]

DoorDash celebrating National Cheeseburger Day with free Shake Shack

DoorDash celebrating National Cheeseburger Day with free Shake Shack It's National Cheeseburger Day .Marina Nazario/Business InsiderShake Shack is giving away free burgers. There will be a limit of one per customer. Fuddrucker's - The restaurant is daring customers to finish a 3 lb. cheeseburger with fries and a coke for $24.99. Customers also get a second free cheeseburger on their birthday. [Full Article...]

Toys 'R' Us considering 'filing for bankruptcy' before Christmas

Toys 'R' Us considering 'filing for bankruptcy' before Christmas In addition to shrinking sales and heightened competition, Toys "R" Us has been. According to the report, Toys "R" Us has around $5 billion (£3.6 billion) worth of debts. The retailer had already said it was working with an investment bank to assess options for about $400 million in debt that comes due next year. Toys "R" Us has, however, been profitable recently, reporting earnings of $790 ... [Full Article...]

MGM announces development of new casino in Bridgeport

MGM announces development of new casino in Bridgeport Telsey Advisory Group increased their target price on MGM Resorts International from $36.00 to $39.00 and gave the company an outperform rating in a report on Friday, July 28th. MGM Resorts International's dividend payout ratio is now 26.04%. In other news, Director Mary Christine Gay sold 3,000 shares of MGM Resorts International stock in a transaction that occurred on Monday, August 7th. [Full Article...]

Northrop Close to Reaching Deal to Acquire Orbital ATK

Northrop Close to Reaching Deal to Acquire Orbital ATK The price is 22 percent above the stock's closing level Friday. The agreement has been approved unanimously by the Boards of Directors of both companies. The unique alignment in culture and mission offered by this transaction will allow us to maintain strong operational performance on existing programs while we pursue new opportunities that require the enhanced technical and financial resources ... [Full Article...]

One Of Two Suspects Of London Subway Blast Named By British Police

Yesterday an 18-year-old was arrested in the departure area of Dover Port. The refugee and former foster child was arrested at a fast food shop in Hounslow , west London . The couple are said to be staying with friends for at least the next five days following the police raids, during which surrounding houses were evacuated by counter-terror officers, with residents told they had "one minute" ... [Full Article...]

Australia and France one win away from Davis Cup final

Australia and France one win away from Davis Cup final France's number two Lucas Pouille will kick off the tie on Friday when he takes on Dusan Lajovic in the first singles match. Set to play John Millman until a late switch by Australian coach Lleyton Hewitt, Darcis still faced a fierce challenge from Thompson, world number 70, in the second set. [Full Article...]

Second suspect arrested after London subway blast named as Yahyah Farroukh

Farroukh was stopped by Metropolitan Police officers outside a fried chicken shop in the Hounslow area of west London on Saturday night, where searches are still ongoing. Ronald and Penelope Jones have fostered hundreds of children and were awarded MBEs by the Queen for their dedication to young people. Another suspect, an 18-year-old man, was detained at Dover Ferry port on Saturday while att... [Full Article...]

Purchases Shares of 272580 Rite Aid Corporation (RAD)

Purchases Shares of 272580 Rite Aid Corporation (RAD) Ophthotech Corp (NASDAQ:OPHT) has declined 94.82% since September 17, 2016 and is downtrending. It has underperformed by 10.78% the S&P500. Jamie Zimmerman increased its stake in Rite Aid Ord ( RAD ) by 3.6% based on its latest 2016Q4 regulatory filing with the SEC. [Full Article...]

Nifty touches new highs, Sensex up 210 points in morning trade

Nifty touches new highs, Sensex up 210 points in morning trade In intra day trade, Sensex had gone up by as much as 235 points to hit the day high of 32,508.06. Market breadth was in the favour of gainers, with about 2 stocks advancing to every 1 stock that declined. The rupee appreciated by 7 paise to 64.01 against the United States dollar today. "FIIs selling in the cash market was lower at Rs 78 crore and DIIs continued to be net buyers", said Anita ... [Full Article...]

Slack's $5.1 billion valuation shows it's definitely onto something

Slack's $5.1 billion valuation shows it's definitely onto something Last month, the Vision Fund was said to invest about US$2.5 billion in Flipkart Group, the biggest Indian e-commerce operator. Those extra funds bring the total amount Slack has raised to $841 million, making it one of the best-financed business software startups , according to the Financial Times , and bringing its valuation up to $5.1 billion. [Full Article...]

Black and Asian workers 'earn 13% less' at PwC

Black and Asian workers 'earn 13% less' at PwC Ian Morrison, PwC Yorkshire and North East regional leader, said: "Supporting our clients across the region is our priority and we've invested in innovative new services, using artificial intelligence, virtual reality, and innovative cloud technologies, to help them tackle their immediate and longer term challenges and opportunities". [Full Article...]

Rare Canadian strike halts Chevrolet Equinox output at CAMI

Rare Canadian strike halts Chevrolet Equinox output at CAMI The two sides had reported progress as the clock ticked toward the deadline, but it was too little, too late. Workers were expected to walk off the job at 11pm Sunday if there was no tentative agreement with the automaker. The plant now only produces the Equinox, which is also manufactured in Mexico. "Before money, before language, we have to guarantee our jobs are there and that we can support ou... [Full Article...]

Call for full list of Ryanair cancellations

Call for full list of Ryanair cancellations Ryanair's Robin Kiely explained: "We have operated a record schedule (and traffic numbers) during the peak summer months of July and August but must now allocate annual leave to pilots and cabin crew in September and October (while still running the bulk of our summer schedule)". [Full Article...]

Platform Specialty Products Corporation (PAH) Shares Bought by Blair William & Co. IL

Platform Specialty Products Corporation (PAH) Shares Bought by Blair William & Co. IL Platform Specialty Products Co now has $3.21 billion valuation. It is down 48.23% since September 11, 2016 and is uptrending. Buckingham Capital Management Inc decreased Citigroup Inc Com Stk (NYSE:C) stake by 27,401 shares to 127,187 valued at $7.56M in 2016Q4. [Full Article...]

Powerful typhoon makes landfall in Japan

Powerful typhoon makes landfall in Japan The Japan Meteorological Agency (JMA) has maintained advisories for areas that are far from the center of the storm in the north of Japan, stating that winds could widen when the typhoon becomes an extra tropical depression. Three men went missing in separate incidents across Kochi and Oita prefectures after going outside to check on a ship and rice fields, prompting police to launch searches. [Full Article...]

Oil Prices Rise Toward $56 As Demand Outlook Brightens

Oil Prices Rise Toward $56 As Demand Outlook Brightens Brent crude futures, the benchmark for oil prices outside the United States, were at $55.66 a barrel, up 4 cents, and also not far from the near five-month high of $55.99 touched on Thursday. Still, many claims about a market rebalance and crude escaping its range-bound domain have been made in the recent past, only to have circumstances prove otherwise; and just one indication that potential trou... [Full Article...]

Gordon Loses Court Bid To Challenge CBS Takeover Of Ten

Gordon Loses Court Bid To Challenge CBS Takeover Of Ten The meeting was delayed until Tuesday 19th September. Lawyers for Mr Gordon's interests had sought a declaration that KordaMentha failed to give creditors vital information about a joint bid by Mr Gordon and Lachlan Murdoch when it recommended a rival proposal by United States media giant CBS. [Full Article...]

Auburn backup QB arrested on public intoxication charge

Auburn backup QB arrested on public intoxication charge White, 21, was arrested by Auburn police at 2:45 a.m. on the 100 block of N Ross St.in Auburn , according to Auburn police assistant chief William Mathews. Johnson injured his right hamstring in the season opener against Georgia Southern and has missed the last two games due to the injury, with head coach Gus Malzahn listing him as "day-to-day" last week . [Full Article...]


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