Business

Jeff Immelt says not pursuing Uber CEO job

Jeff Immelt says not pursuing Uber CEO job Benchmark, an early Uber investor, wants to force the former CEO off the board and rescind his ability to fill two board seats. Immelt tweeted late Sunday morning. That committee is trying to change the company's culture so it's better behaved, a hard task without a top leader. The search for Uber's new chief executive may be nearing a conclusion. [Full Article...]

Harvey forces cancellation of 2700 flights

Harvey forces cancellation of 2700 flights No inbound or outbound flights from either airport at this time. Nearby San Antonio was also expected to notice an impact. There will be no more flights in and out of Brownsville-South Padre Island International Airport today, and United has cancelled its flights in and out of McAllen-Miller International Airport for the rest of the day. [Full Article...]

(PSTG) Shares Trading down at $12.56 Pure Storage Names Charles Giancarlo…

(PSTG) Shares Trading down at $12.56 Pure Storage Names Charles Giancarlo… BMO Capital Markets reissued an outperform rating and issued a $16.00 price target (up from $15.00) on shares of Pure Storage in a research report on Friday. The firm has "Outperform" rating by Barrington Research given on Wednesday, March 23. The shares were sold at an average price of $13.03, for a total transaction of $464,819.19. [Full Article...]

Analyst Stock Recommendations For Marathon Petroleum Corporation (MPC), Kohl's Corporation (KSS)

Amalgamated Bank increased Marathon Petroleum Corp (MPC) stake by 211.38% reported in 2016Q4 SEC filing. Capital Investment Advisors LLC now owns 6,420 shares of the oil and gas company's stock worth $336,000 after buying an additional 19 shares in the last quarter. [Full Article...]

Brexit impact and household income squeeze slows NI's economic growth

Brexit impact and household income squeeze slows NI's economic growth The consensus forecast among economists is for growth to remain at 0.3 per cent for each of the next three quarters, before edging up to 0.4 per cent per quarter from April of 2018. The pound's weakness has meant higher import prices, helping to drive inflation to a near four-year high in May, though it has since slipped back a little. [Full Article...]

Gargash says restoration of full Iran ties 'embarrasses Doha'

Gargash says restoration of full Iran ties 'embarrasses Doha' Qatar restored full diplomatic relations with Iran early Thursday and promised to send its ambassador back to Tehran - a move counter to the demands of Arab nations trying to isolate Doha as part of a regional dispute. However, west African nation Senegal this week reinstated its ambassador to Qatar after recalling him out of solidarity with Saudi Arabia three months ago. [Full Article...]

'Self-driving' lorries to be trialled on United Kingdom motorways

Lorries driving close together could see the front vehicle pushing air out of the way, making the other vehicles more efficient and lowering their emissions. However the scheme has already raised some concerns with organisations such as the AA and RAC who point out that the UK's roads could quite simply be too congested for it to be effective. [Full Article...]

Hess Corp Sentiment Worsening on Low Stock Potential

Hess Corp Sentiment Worsening on Low Stock Potential Investors and Traders continue to monitor technical levels of shares of Hess Corporation ( HES ). For the past 5 years, the company's revenue has grown 9.6%, while the company's earnings per share has grown 14.2%. (NYSE:HES) earned "Neutral" rating by Citigroup on Tuesday, January 5. Barclays Capital maintained the shares of HES in report on Tuesday, January 12 with "Equal Weight" rating. [Full Article...]

First Property Group PLC (FPO) Insider Purchases 45000 Shares of Stock

First Property Group PLC (FPO) Insider Purchases 45000 Shares of Stock It closed at $40.68 lastly. The stock increased 0.20% or GBX 2 on August 24, reaching GBX 995.5. It has underperformed by 0.51% the S&P500. Among 20 analysts covering Sage Group The PLC ( LON:SGE ), 8 have Buy rating, 8 Sell and 4 Hold. [Full Article...]

Stock Traders Purchase High Volume of Fossil Group Put Options (FOSL)

Stock Traders Purchase High Volume of Fossil Group Put Options (FOSL) The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 3.30, which implies that analysts are generally neutral in their outlook for FOSL over the next year. Vanguard Group Inc claims 44,480 shares worth $460,000. JPMorgan Chase & Co. now owns 2,514,634 shares of the accessories brand company's stock valued at $26,027,000 after buying an addit... [Full Article...]

US Seeks Jail Time for Volkswagen Engineer in Diesel Emission Scandal

US Seeks Jail Time for Volkswagen Engineer in Diesel Emission Scandal Federal prosecutors want James Liang, leader of diesel competence for VW from 2008 until last fall, to spend three years in prison and pay a $20,000 fine for helping cheat US emissions tests and for lying to regulators. In real-world use, however, they produced up to 40 times more restricted exhaust gases, such as smog-causing oxides of nitrogen. Liang co-operated with prosecutors, who argued th... [Full Article...]

Watchdog Group Claims Mnuchin Used A Government Plane To See Eclipse

Watchdog Group Claims Mnuchin Used A Government Plane To See Eclipse Washington watchdog group Citizens for Responsibility and Ethics in Washington (C.R.E.W.) is filing a F.O.I.A.to review the objective of the couple's trip. The picture drew fierce criticism online, with one commenter calling Linton "deplorable" for flaunting her wealth. In the photo, Linton was wearing a number of designer clothing articles and tagged the photo with the names of each label. [Full Article...]

Trump's media strategy could be working

Trump's media strategy could be working President Donald Trump called a majority of the mainstream American media dishonest, bad and a "lobbying tool" for allegedly giving a platform to hate groups after the violence at a white supremacist rally in Virginia . Eighty-one percent responded that prejudice against minority groups is either "very serious" or "somewhat serious", and 62% said the same of prejudice toward Jews. [Full Article...]

Samsung heir handed five-year prison sentence in corruption case

Samsung heir handed five-year prison sentence in corruption case Seoul's Central District Court ruled Lee, 49, was involved in Samsung's payment of bribes worth 7.2 billion won ($6.38 million) to the family of a close confidante to the former president. Alongside Lee, four other executives were convicted and charged; two with four year jail sentences and two received suspended sentences. In total Lee was found guilty of sanctioning £30 million in brib... [Full Article...]

Reeling in Gains as Shares Move Higher: Signet Jewelers Limited (NYSE:SIG)

Reeling in Gains as Shares Move Higher: Signet Jewelers Limited (NYSE:SIG) About 369,296 shares traded. Signet Jewelers Limited (SIG ) stock was most active stock of Wall Street Market on Thursday. It has underperformed by 62.73% the S&P500. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. This represents an increase of approximately 501% compared to the typical daily volume of 2,261 put options. [Full Article...]

Cohn Drafted Resignation Letter in Wake of Charlottesville

Cohn Drafted Resignation Letter in Wake of Charlottesville But Cohn has made his displeasure with Trump clear. Cohn, who is Jewish, is the director of the White House National Economic Council and a former president of Goldman Sachs. Cohn said White House officials had been working with Senate Majority Leader Mitch McConnell, House of Representatives Speaker Paul Ryan and other leading congressional Republicans on "an outline and skeleton" for the tax r... [Full Article...]

Amazon to cut prices on Whole Foods staples like eggs, beef

Amazon to cut prices on Whole Foods staples like eggs, beef Considering lower prices in flagship Whole Foods is going to be a reality, we aren't sure yet what this will mean for the recently-opened 365 Market , or even Amazon's new line of generic goods, Wickedly Prime . Adding Whole Foods benefits should help Amazon attract more shoppers to its successful Prime scheme, which features two-day shipping for eligible purchases and unlimited streaming... [Full Article...]

US Energy Department grid study calls for boost to coal, nuclear power

US Energy Department grid study calls for boost to coal, nuclear power The long-awaited report, originally slated for release in June, found use of coal and nuclear power, which utilities favor as reliable "baseload" energy sources, have suffered not because of the growth of renewable energy, but because of the shift to less-expensive natural gas generation. [Full Article...]

KFC's Bizarre VR Chicken Fry Training Escape Room

KFC's Bizarre VR Chicken Fry Training Escape Room The chain wrote in a press release that it started using a virtual reality tutorial-compatible with Oculus headsets-to train employees how to cook fried chicken. The fast food chain has over 19,000 cooks across all of its USA locations, and the spokesperson described the KFC VR training game "a fun way to celebrate the work" all those workers do. [Full Article...]

UK's Royal Mail kicks off electric delivery van trials

UK's Royal Mail kicks off electric delivery van trials The nine fully-electric lorries, created by Arrival , are the first trial vehicles to be produced at its 110,000sqft factory off Southam Road. That's why it's encouraging to hear that Go Ultra Low-a joint government and auto-industry initiative in the UK-has now signed up 100 companies and organizations who are committed to electrifying a minimum of 5% of their fleet by 2020. [Full Article...]


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