Finance


Uber CEO to take leave, leadership team to run company Uber CEO to take leave, leadership team to run company
- June 14, 2017

Driver screening . Questions about Uber's screening process have emerged amid assaults by drivers. Uber must hire people who "don't have the harassment state of mind", Schipani said. This is particularly valuable in the testing phase of autonomous vehicle deployment, because Uber has a big, worldwide network in place. Willingly or under duress, he has indeed been assembling a stronger leadership team, one whose composition is pointedly aimed at correcting the cultural diseases that have ... (more...)
Yahoo completes sale of operating business to Verizon; Marissa Mayer resigns Yahoo completes sale of operating business to Verizon; Marissa Mayer resigns
- June 14, 2017

The question left hanging this week, as Marissa Mayer turns out the lights for the last time at Yahoo and it is officially swallowed up by Verizon Communications, is why an internet pioneer with more than a billion users and spectacular name recognition was unable to remain independent. (more...)
Wellington Management Group LLP Boosts Position in AstraZeneca plc (AZN)
- June 13, 2017

It has underperformed by 16.70% the S&P500. About 2.26 million shares traded. It closed at $27.99 lastly. Karpus Management Inc has invested 0.1% in Anglo Pacific Group plc (LON:APF). The stock of Pets at Home Group PLC (LON:PETS) has "Buy" rating given on Friday, March 18 by HSBC. AstraZeneca plc now has a consensus rating of "Hold" and an average price target of $35.84. (more...)
British Airways IT crash leaves thousands stranded; outsourcing to India blamed British Airways IT crash leaves thousands stranded; outsourcing to India blamed
- June 13, 2017

The airline said it was running a full schedule at London's Gatwick airport on Monday and planned to operate all its long-haul flights from Heathrow, although some short-haul flights had been canceled. The GMB said the disruption could have been prevented if the beleaguered airline had not cut "hundreds of dedicated and loyal" IT staff and contracted the work to India in 2016. (more...)
OPEC May output highest since January OPEC May output highest since January
- June 09, 2017

The faster than expected increase in gasoline inventories surprised investors, as the summer months are traditionally associated with the start of the US summer driving season, which usually spurs heavier refining activity. "U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.3 million barrels from the previous week", the weekly report said . (more...)
Rahul Gandhi Defies Order, Attempts To Visit Mandsaur, Gets Arrested By Police Rahul Gandhi Defies Order, Attempts To Visit Mandsaur, Gets Arrested By Police
- June 09, 2017

He was accompanied by Sharad Yadav, Senior leader of SP, Digvijay Singh and many local leaders. Madhya Pradesh Home Minister Bhupendra Singh confirmed today the death of five farmers in the clashes was because of police firing, which he had vehemently denied earlier. (more...)
Fisker has released more images of its Tesla Model 3 rival Fisker has released more images of its Tesla Model 3 rival
- June 09, 2017

Fisker has released new teaser photos of the the upcoming 400 mile range Fisker EMotion , which is going to debut later this month on June 30. Company founder Henrik Fisker and the design team were inspired by the world of racing to add distinct design elements. (more...)
CT House votes for final tribes' casino approval in East Windsor
- June 08, 2017

The casino bill was previously voted in the state Senate . The state had required a greater level of health coverage for MMA than for boxing, as well as a gross-receipts tax that the bill repeals. The Mohegan and Mashantucket Pequot Tribes have argued that the East Windsor gaming establishment is necessary to protect the state's economy and revenue from competition posed by MGM Springfield. (more...)
Anthem signs value-based care agreement with Premier Health Anthem signs value-based care agreement with Premier Health
- June 08, 2017

The president lashed into ObamaCare on Tuesday by citing a recent report that shows premiums have increased in Alaska by as much at 203 percent and pointing out that another major insurance company just left the health care exchange in Ohio. (more...)
She Prodded Her Boyfriend to Kill Himself. He Did
- June 07, 2017

According to BuzzFeed , Roy had reportedly gotten out of his auto after starting his suicide attempt, but Carter allegedly told him to "get back in". They also said that the state has no laws criminalizing assisted suicide and that Roy was already predisposed to suicide because of his mental illness. (more...)
Latest Stocks: Analysts Set Rolls-Royce Holding PLC (RR) PT at $697.60
- June 07, 2017

The company was upgraded on Wednesday, January 25 by Deutsche Bank. The firm has "Overweight" rating given on Friday, November 6 by Barclays Capital. The stock of Nexstar Media Group Inc (NASDAQ:NXST) earned "Outperform" rating by Barrington Research on Tuesday, December 22. (more...)
May Avoids Debate As Labour Cuts Tory Lead May Avoids Debate As Labour Cuts Tory Lead
- June 06, 2017

Theresa May's Conservative Party is just 3 points ahead of Jeremy Corbyn's Labour in a poll published Thursday, a week before the United Kingdom election. Corbyn, a 68-year-old peace campaigner, has been pulling in big crowds at rallies across the country despite warnings from opponents in his own party that he is leading Labour to the worst defeat in its history. (more...)
Golden State Warriors' Steve Kerr returns to coach Game 2
- June 05, 2017

Golden State, which swept its way into the NBA Finals , have won 13 straight in the playoffs this season and ESPN's BPI is giving the Stephen Curry-led squad an 85-percent chance to win Game 2. At the time of his news conference, Kerr said he hadn't informed his players of his decision. "I'm better than where I was a couple of weeks ago, and I've put together a couple of good days, so let's go." Kerr explained why he was stepping away from the team during the Portland series. (more...)
Trump slip up in Saudi Arabia speech blamed on exhaustion Trump slip up in Saudi Arabia speech blamed on exhaustion
- June 03, 2017

The announcement came from the World Bank President Jim Yong Kim as the Trump family visited Saudi Arabia . His harsh campaign rhetoric on Muslims stirred concern in the Islamic world. He was expected to tell governments they need to do more to stamp out religious intolerance and extremism. "But there was not a single sign that there was any effort at incursion, there wasn't anything". (more...)
US stocks end at records for 2nd straight day US stocks end at records for 2nd straight day
- June 03, 2017

The S&P 500 (. SPX ) was flat at 2,430.12, slightly easing from an all-time high of 2433.37. After an hour of trading, the S&P 500 was up one-and-a-half points at 2,431 while the Dow Jones average was 18 points to the good at 21,163. The yield on the 10-year Treasury note (http://www.marketwatch.com/story/treasury-yields-decline-after-weaker-than-expected-jobs-report-2017-06-02) fell 4 basis points to 2.17% after the jobs report, declining below its 200-day moving average for the first ... (more...)
Totti leaves future uncertain before final match with Roma Totti leaves future uncertain before final match with Roma
- May 29, 2017

Totti spoke of his love for the fans and how he was "afraid" of what the future may hold for him. "I can't tell you in a few words how much these colors meant, mean and will always mean to me". But Spalletti, who has been linked to the vacant coach's position at Inter Milan following the recent sacking of Stefano Pioli, said he won't rain on Totti's parade. (more...)
Stable gas prices expected to boost Memorial Day road trips Stable gas prices expected to boost Memorial Day road trips
- May 27, 2017

The least expensive gas price averages in Tennessee were in Chattanooga at $2.02 and Johnson City/Kingsport/Bristol at $2.06. "This year, unlike in many recent years, prices have remained relatively stable as Memorial Day approaches". Historically low crude oil prices have worked in consumer's favor this year. Ohio's prices lowered by 22 cents, IN by 13 cents, 9 cents IN IL and 8 cents IN MI. (more...)
Budget 2017-18: Govt employees, pensioners get 10% increase Budget 2017-18: Govt employees, pensioners get 10% increase
- May 27, 2017

Ishaq Dar has said that the development expenditure of Rs. 1.001 trillion has been allocated for the next year. The finance minister said that the production of different major crops also witnessed an increase during the period. This is the first time in 10 years that Pakistan had crossed the 5% GDP growth mark. Finance Minister has also said in his budget speech that the Foreign exchange reserve of the country has increased immensely, and the load-shedding in the country has reduced to a ... (more...)
Oversold: Oil traders punish OPEC for promising too much Oversold: Oil traders punish OPEC for promising too much
- May 27, 2017

West Texas Intermediate for July delivery on the New York Mercantile Exchange recently traded 14 cents, or 0.3% higher, at $49.06 a barrel in the Globex electronic session. Global benchmark Brent fell 0.5 percent to $51.18, after slumping 4.6 percent overnight. That could increase supplies and push down prices. OPEC, Russia and other major oil producers agreed this week to hold their collective fire power for another nine months. (more...)
Donald Trump acknowledges India as 'victim of terrorism' at Riyadh summit Donald Trump acknowledges India as 'victim of terrorism' at Riyadh summit
- May 27, 2017

After years of butting heads with Trump's predecessor, Netanyahu celebrated a new American president's arrival as a moment of hope in the stalled peace talks between Israel and Palestinians. A senior Iranian military official said that the recent US-Saudi Arabia arms deal will jeopardize regional security, media reports said. Ambassador to the United Nations Nikki Haley declared the site part of Israel, while U.S. (more...)
Officer Not Guilty in Shooting of Unarmed Tulsa Man
- May 26, 2017

The verdict led nearly immediately to protests. "I know that jury did what we ask them to do. that is American jurisprudence at its best", he said. "It made my city look bad; it made my police department look bad", Jordan said during a recent interview. (more...)
Supreme Court strikes down 2 NC congressional districts Supreme Court strikes down 2 NC congressional districts
- May 25, 2017

North Carolina's First and Twelfth Congressional Districts were at issue, with both being known for their odd shapes (the First has been compared to an octopus) that arose from their very deliberately drawn borders. That's why, hours after the SCOTUS opinion dropped, a federal judge in Texas' upcoming redistricting hearing ordered state lawyers and plaintiffs in the case to submit briefs outlining how the new precedent will affect their case. (more...)
Weekly Analysts' Ratings Changes for QUALCOMM (QCOM) Weekly Analysts' Ratings Changes for QUALCOMM (QCOM)
- May 24, 2017

Inc. boosted its stake in shares of QUALCOMM by 15.9% in the third quarter. The stock rose 0.51% or $0.3 reaching $59.58. About 10.65M shares traded. Investors sentiment decreased to 1.01 in 2016 Q4. Stock investors acquired 2,710 put options on the company. Jasper Ridge Partners Lp invested 0.02% of its portfolio in QUALCOMM , Inc. (more...)
June 30 deadline for Aadhaar not to be extended: Government to SC June 30 deadline for Aadhaar not to be extended: Government to SC
- May 24, 2017

At the outset, Rohatgi said identical interim relief were sought in a plea filed around six months ago in the apex court and it was tagged with the main petition which would be heard by a constitution bench. Appearing for Sinha, senior advocate Shyam Divan said the present PIL was entirely different. "There can not be any injunction against the Parliament from passing a law", he said, adding only a Constitution Bench should hear the matter. (more...)
Ford replaces CEO in push to transform business Ford replaces CEO in push to transform business
- May 24, 2017

Hackett , an OH native who played football at U-M under legendary coach Bo Schembechler, has run Ford Smart Mobility , a new unit established to oversee and coordinate the company's forays in autonomous driving, ridesharing and other ventures, since March 2016. (more...)