Finance


FDA considers lowering nicotine in cigarettes below addictive levels FDA considers lowering nicotine in cigarettes below addictive levels
- July 29, 2017

He said FDA is delaying the deadline for applications to give the agency time to lay the foundation for regulating these products. U.S. Food and Drug Administration chief Scott Gottlieb on Friday directed the agency's staff to develop new regulations on nicotine . (more...)
General Motors Company (NYSE:GM) Position Cut by Dynamic Advisors Solutions LLC General Motors Company (NYSE:GM) Position Cut by Dynamic Advisors Solutions LLC
- July 26, 2017

Among 2 analysts covering Team ( NYSE:TISI ), 1 have Buy rating, 0 Sell and 1 Hold. UBS AG reiterated a "buy" rating and set a $40.00 price objective (up from $38.00) on shares of General Motors in a research note on Friday, April 14th. The original version of this article can be read at https://www.thestockobserver.com/2017/07/25/general-motors-company-nysegm-upgraded-to-buy-by-vetr-inc.html. (more...)
McDonald's Sales Soar on New Products, Discounts McDonald's Sales Soar on New Products, Discounts
- July 26, 2017

The world's biggest fast-food chain by revenue has been working to reverse traffic declines at USA restaurants, its top profit generator, with new products and services like fresh beef Quarter Pounders, signature crafted sandwiches, mobile ordering and delivery. (more...)
Markets close at record high, Nifty falls short of 10000-mark Markets close at record high, Nifty falls short of 10000-mark
- July 25, 2017

In the Nifty index, Wipro (up 1.68 per cent), Bank of Baroda (up 1.48 per cent), YES Bank (up 1.48 per cent), Reliance Industries (up 1.25 per cent), Hero MotoCorp (up 1.14 per cent) and Bharat Petroleum Corporation (up 0.98 per cent) figured among top gainers. (more...)
Scaramucci: the Russia Situation is Completely Overblown Scaramucci: the Russia Situation is Completely Overblown
- July 24, 2017

He then asked if the media's focus on the Russian Federation investigation was an attempt to "delegitimize" Trump's victory, and called the probe a "made-up" scandal. "There's obviously a communications problem", Scaramucci said. "He hasn't made the decision yet to sign that bill one way or the other" should it be sent to him, he said. (more...)
Android Amazon App To Get Alexa Integration Via Latest Update Android Amazon App To Get Alexa Integration Via Latest Update
- July 22, 2017

Amazon acquired artificial intelligence (AI) startup Graphiq earlier this year, industry sources with knowledge of the transaction said on Thursday, interpreting the move as the tech giant's latest attempt to improve its Alexa digital companion and a number of other products and services which utilize machine learning and general AI solutions. (more...)
Lyft launches its own self-driving vehicle business Lyft launches its own self-driving vehicle business
- July 22, 2017

Based in Palo Alto, the Level 5 facility will house hundreds of engineers that will work on developing the open self-driving system. The announcement comes after Lyft earlier this year introduced what it calls "the world's first open self-driving platform". (more...)
Intraday Movers: General Electric Company (NYSE:GE), CSX Corporation (NASDAQ:CSX) Intraday Movers: General Electric Company (NYSE:GE), CSX Corporation (NASDAQ:CSX)
- July 22, 2017

Net income was $1.2bn, down 57% from the year-ago period. General Electric said Friday it recorded a 12 percent decline in overall revenues, with its oil and gas division taking a toll on the company's financials. Immelt said the company would be able to navigate through a market where crude oil prices are suppressing spending in some exploration and production sectors because of the global scale of GE's portfolio. (more...)
Dark Web marketplaces worth billions crushed in secret takeover Dark Web marketplaces worth billions crushed in secret takeover
- July 21, 2017

Two of the largest dark net marketplaces - AlphaBay and Hansa - have been shut down following an global police operation. Europol also announced Dutch authorities took control of and shut down another dark web marketplace known as Hansa Market as part of a sweep of the popular destinations for buying and selling illegal goods and services. (more...)
"Summer Doldrums" Impact Crude Prices, but a Rally to $50 Still Possible
- July 20, 2017

Now Bloomberg reports that Ecuador has broken ranks with its fellow Opec nations, saying that it can not afford to cut production and will not keep to the commitment. Crude oil futures were lower Monday amid delayed reaction to data showing the U.S. oil rig count rose again last week. That is because supplies from within Opec remain high largely due to rising output from Nigeria and Libya, two Opec states exempt from the pact, and increasing U.S. (more...)
Reality Check: The gender pay gap Reality Check: The gender pay gap
- July 20, 2017

Stars such as Gary Lineker , Chris Evans , Andrew Marr and Graham Norton are all set to feature prominently, as well as female presenters such as Claudia Winkelman and Fiona Bruce . According to Variety , the 10 highest-earning film actors in 2015 made approximately $431 million combined, compared to the 10 highest-paid actresses' $218 million. (more...)
BHP flags iron ore production growth BHP flags iron ore production growth
- July 20, 2017

Conning Inc. acquired a new position in BHP Billiton Limited during the first quarter worth approximately $317,000. CENTRAL TRUST Co now owns 5,668 shares of the mining company's stock valued at $201,000 after buying an additional 85 shares in the last quarter. (more...)
Discovery Communications and Scripps Networks in Talks to Combine Discovery Communications and Scripps Networks in Talks to Combine
- July 20, 2017

Discovery's US portfolio includes Discovery Channel , TLC , Animal Planet , Investigation Discovery, OWN: Oprah Winfrey Network , Velocity, Science, American Heroes, Discovery Family and Destination America. Scripps has been considered a buyout target in the past by Viacom to add to its massive network. Analyst research firms are expressing bullish stance on Scripps Networks Interactive , Inc. (more...)
Audi advert slammed in China for 'chauvinist' comparison of women to cars Audi advert slammed in China for 'chauvinist' comparison of women to cars
- July 20, 2017

The ad ends with the words, " An important decision must be made carefully ". As they take their vows, the groom's mother suddenly rushes to interrupt the ceremony and begins to inspect the bride. Audi said the joint venture department responsible for the video "has arranged a thorough investigation" in order to prevent similar incidents in the future. (more...)
Nasdaq gains for 7th day: ASX tipped for flat start Nasdaq gains for 7th day: ASX tipped for flat start
- July 19, 2017

On Friday, stocks in the US reached new record highs, with the Dow closing 0.4% higher, while the S&P was up 0.5% and the tech heavy Nasdaq came up just short of a new record but increased 0.6% nonetheless. Banks were pressured by diminished hopes of an interest rate hike by the Fed before the end of the year. Most of the retail segments including gas stations, grocers, restaurants, book stores, sporting-goods stores and department stores saw a decline in sales figures. (more...)
Sasikala caught on camera directing jail officials Sasikala caught on camera directing jail officials
- July 19, 2017

Director General of Prisons HN Satyanarayana Rao, whom she had accused of accepting a bribe for favours to Sasikala was also shunted out. In the four-page report after visiting the central prison on July 10, Roopa said a special kitchen was functioning in the jail for Sasikala in violation of prison rules. (more...)
Cowboys' Lucky Whitehead says dog is being held for ransom Cowboys' Lucky Whitehead says dog is being held for ransom
- July 19, 2017

Whitehead, according to ESPN .com, said the perpetrator demanded $10,000 for the return of his dog. When 105.3 the Fan's Mike Fisher caught wind of the video, he immediately shared it with Whitehead to confirm that the dog in the video was in fact Blitz. (more...)
United States says Iran complying with n-deal, but threatens more sanctions
- July 19, 2017

Administration officials tell me that National Security Adviser H.R. McMaster and Tillerson have made the case that it was in the US national interest to certify Iran's compliance. By contrast, Zarif said during his years of negotiating the 2015 nuclear deal, he and former Secretary of State John Kerry "probably" spent more time with each other "than with anybody else". (more...)
US Airlines Push Back Against Qatar Airways US Airlines Push Back Against Qatar Airways
- July 14, 2017

American's decision to end the agreements which allow airlines to book passengers on each other's flights, ramps up an acrimonious dispute between US carriers and Gulf competitors over competitive advantages. "We are disappointed", Akbar al-Baker, chief executive of Qatar Airways , said on Thursday. "This action will reduce choices for consumers and may result in higher fares for travelers to and from the United States". (more...)
Shore Capital Reiterates Under Review Rating for Utilitywise PLC (UTW) Shore Capital Reiterates Under Review Rating for Utilitywise PLC (UTW)
- July 14, 2017

About 35,371 shares traded. J P Morgan Chase & Co reaffirmed an "overweight" rating and set a GBX 228 ($2.95) target price on shares of Cairn Energy PLC in a research note on Monday, July 3rd. The stock has "Neutral" rating by Goldman Sachs on Thursday, October 29. Burberry Group plc is a manufacturer, wholesaler and retailer of luxury goods. (more...)
Emergency withdrawal: Man stuck in ATM Emergency withdrawal: Man stuck in ATM
- July 14, 2017

One note read: 'Please help. The bank building was closed for repairs and the guy got trapped in the ATM room while he was trying to fix the door lock. Finally, one ATM customer took the note seriously and called police. "So we're all thinking this is a joke - this has got to be a joke", Olden said. (more...)
Nigeria continues to maintain top spot as Africa's largest oil producer Nigeria continues to maintain top spot as Africa's largest oil producer
- July 13, 2017

The Organization of the Petroleum Exporting Countries ( OPEC ) pumped 32,611 million barrels per day in June, 393,500 barrels more than in May. Some preliminary reports show OPEC production inching higher in June, mostly led by Nigeria and Libya, the two member nations exempt from the OPEC production cut deal. (more...)
ACLU sues over Trump's secretive election commission ACLU sues over Trump's secretive election commission
- July 13, 2017

Fourteen states and Washington, D.C., have refused to comply with the request , and several other states are only expected to provide limited information to the commission. His statement notably was issued through the White House, which itself has been under fire for its skimpy and nonresponsive evasions to White House reporters' verbal inquiries to the president on multiple news developments. (more...)
Honda links 11th United States death to faulty Takata airbags Honda links 11th United States death to faulty Takata airbags
- July 12, 2017

Honda says it recently learned about an incident on June 18, 2016, in which a man was using a hammer to make repairs on a 2001 Honda Accord when the airbag inflator activated and ruptured, sending metal fragments flying. According to Honda, Alpha inflators can have as high as a 50-50 chance of exploding and injuring an occupant. The NHTSA said 2001-2003 model Honda and Acura vehicles have as high as a 50 per cent chance of a risky air bag inflator rupture in a crash. (more...)
Air Canada Jet Nearly Lands On Taxiway At San Francisco International Airport Air Canada Jet Nearly Lands On Taxiway At San Francisco International Airport
- July 12, 2017

The Air Canada Airbus A320 was cleared to land at a runway at San Francisco global airport on Friday and the pilot began descending toward one of the taxiways, where four aircraft were waiting to take off. An air traffic controller became aware of the problem and ordered the pilot to pull up and make another approach. He's told there are no other planes on the runway. (more...)