Finance


OR teachers follow public union fight in Supreme Court OR teachers follow public union fight in Supreme Court
- March 02, 2018

Given that the facts ween Harris and Quinn are so similar, and that the only change between the 2014 tie and the 2017 case is the appointment of Justice Gorsuch, most court watchers believe that Janus has the upper hand. That union had won a vote that gave them the right to speak for all reporters. The plaintiff in this case is Mark Janus , a child support specialist for state government in IL. (more...)
Comcast battles Murdoch's Fox in $31B bid for Britain's Sky TV Comcast battles Murdoch's Fox in $31B bid for Britain's Sky TV
- March 02, 2018

So if Comcast is able to convince the Sky board to shun Fox, it would create a huge global company that would have its roots in Philadelphia. Sky said: " The Independent Committee of Sky notes today's announcement from Comcast regarding a possible all cash offer for Sky at £12.50 per share (the "Possible Offer")". (more...)
Volkswagen confirms production-spec T-Roc convertible SUV Volkswagen confirms production-spec T-Roc convertible SUV
- March 01, 2018

The plant now builds the Tiguan compact crossover as well as the Porsche Cayman coupe. Considering their reputation for the designs of their vehicles, Volkswagen shows no signs of stopping as recent reports have revealed that the automaker has confirmed the production of the Volkswagen T-Roc Cabriolet. (more...)
Man Utd among top clubs aiming to sign £80m midfielder Man Utd among top clubs aiming to sign £80m midfielder
- March 01, 2018

Both Real Madrid and United are looking to bolster their midfield options ahead of next season with both looking to reclaim league titles from their rivals, should Barcelona and Manchester City go on to achieve domestic success. Standing in at 1.92 m, Savic draws comparison with Roma ace Radja Nainggolan, who is much shorter than him but has a similar style of play. What do Jose Mourinho's squads look like after he's done with them? Milinkovic-Savic scored a brace in his team's 3-0 win ... (more...)
Size bronze statue of Jayalalithaa unveiled on her birthday Size bronze statue of Jayalalithaa unveiled on her birthday
- February 26, 2018

These initiatives will go a long way in empowering women", " said PM Modi. "When a woman is empowered, the entire family is empowered". By extending education to women, you are educating the entire household. The Prime Minister further said that with the change in Factory's Act, women are now allowed to work in night shifts as well. Palaniswami in his address urged Modi to take steps to set up the Cauvery Management Board and the Cauvery Water Regulatory Committee, as directed by the ... (more...)
Kylie Jenner Seemingly Cost Snapchat $1.3 Billion with a Single Tweet Kylie Jenner Seemingly Cost Snapchat $1.3 Billion with a Single Tweet
- February 26, 2018

Celebrity Kim Kardashian's half-sister posted: "sooo does anyone else not open Snapchat anymore?" Or is it just me... Kylie Jenner has over 24.5 million followers on Twitter , and she is one of the many celebrities who utilize the social media platform for business and promotional purposes. (more...)
Russian men win hockey; Bjoergen, Norway get gold again Russian men win hockey; Bjoergen, Norway get gold again
- February 26, 2018

Flag-bearers from all of the countries came first and were standing in a circle in the centre of the stadium and waving the flags as the athletes paraded in around them. That was my dream for when I was five years old, when I started playing. "Now I have no dream", he told the media after the event, via The Herald Sun . (more...)
Warren Buffett says Republican tax cut 'delivered' $29bn to his company Warren Buffett says Republican tax cut 'delivered' $29bn to his company
- February 25, 2018

The new law, greatly touted by President Donald Trump , lowered the tax rate paid by United States corporations from 35 percent to 21 percent, allowing many to undertake major new outlays and others to book significant fiscal gains. Manufacturing, services and retailing operations reported that profit increased to $6.2 billion past year from $5.6 billion in 2016. Van Damme is also board member of Anheuser-Busch Inbev and Restaurant Brands International. (more...)
Delta Airlines ends discount program for NRA members Delta Airlines ends discount program for NRA members
- February 25, 2018

By the same token, in coming out publicly against the NRA as part of the #BoycottNRA movement , those same companies are banking on the idea that they'll ingratiate themselves to a majority of people. Delta Air Lines announced Saturday morning that it's ending discounted rates for NRA members. A day earlier, First National Bank of Omaha announced via tweet that it "will not renew its contract with the National Rifle Association to issue the NRA Visa Card". (more...)
Some services restored after outage impacts BB&T Bank, customers Some services restored after outage impacts BB&T Bank, customers
- February 25, 2018

No word on how long it would take to fix the issue and restore service. To our clients, we are deeply sorry this has happened. Cybersecurity is not believed to be related to this issue at this time. An outage map showed the biggest impact targeted much of central North Carolina, Atlanta, the Washington area and Philadelphia. BB&T said its systems would be processing updates throughout Saturday and expected account information to be current as soon as Sunday. (more...)
Oil up for week on Libya woes, falling USA supply Oil up for week on Libya woes, falling USA supply
- February 25, 2018

The markets then have raised their concern on the declining crude oil prices as the OPEC outlook failed to withstand worries from the market regarding the growing USA crude which is also expected to rise in the coming years. US crude was up 8 cents to $62.85. Other analysts pointed to the shape of the oil price curve as the reason for the stock draw. [L2N1QC181] A weaker dollar makes oil and other dollar-denominated commodities cheaper for holders of other currencies. (more...)
RBS reports first profit in ten years RBS reports first profit in ten years
- February 24, 2018

The lender on Friday noted that it "continues to manage" both conduct-related investigations and litigation, including relating to retail mortgage-backed securities. Net interest margin, meanwhile, fell to 2.04 percent from 2.19 percent previous year. Its adjusted revenue was $4.06 billion. Restructuring costs were 531 million pounds for the quarter and 1.6 billion for the year. (more...)
Monday night blues. German fan fury triggers protests at Eintracht Frankfurt Monday night blues. German fan fury triggers protests at Eintracht Frankfurt
- February 23, 2018

Fans left the terraces and surrounded the pitch to protest before kickoff, while others displayed banners blasting the DFB, including "Football-mafia DFB". Leipzig coach Ralph Hasenhuettl responded with sarcastic applause. On the stroke of half-time, Keita caught Makoto Hasebe with a late tackle and the Japan worldwide was not happy with the challenge. (more...)
Hey, Morty! McDonalds' Szechuan Sauce will return on February 26 Hey, Morty! McDonalds' Szechuan Sauce will return on February 26
- February 23, 2018

Die-hard fans of McDonald's Szechuan Sauce have already had an inkling that their favorite condiment would be returning to Mickey D's for a few days now. While this is unfortunately a US-only promotion for now, McDonald's has confirmed that it will be distributing 20 million sachets of Szechuan Sauce to branches across the USA. (more...)
Geneva: Ferrari 488 Pista brings Le Mans tech to the street Geneva: Ferrari 488 Pista brings Le Mans tech to the street
- February 22, 2018

In order to make the 488 Pista handle better on the road and on track , Ferrari engineers took inspiration from the 488 GTE and 488 Challenge race cars during development of the bodywork. Pista means track in Italian-Ferrari could have named its latest Pizza and we'd still want one. For example, a host of aerodynamic changes have been made to increase downforce by 20 per cent over the 488. (more...)
Walmart's Online Sales Come Under Pressure Walmart's Online Sales Come Under Pressure
- February 22, 2018

E-commerce represents less than 4% of the more than $500 billion annual revenue of Walmart . Analysts are forecasting earnings of $1.15 on a per share basis this quarter. Overall, we finished the year with e-commerce sales growth of more than 40%. Sales online are usually less profitable than in brick and mortar stores. (more...)
Bezos-backed 10000 Year Clock now under construction Bezos-backed 10000 Year Clock now under construction
- February 22, 2018

The project has attracted the support of influential artists and thinkers in addition to Bezos , whose contribution of $ 42 million (£30m) makes him its largest financial backer. A spiral staircase circles its 12.5-foot diameter, and the clock will be synchronized at solar noon. "We are providing a mechanical interface into those chambers that provides those future builders with power and the correct clock triggering events". (more...)
Broadcom Trims Its Offer For Qualcomm After NXP Deal Broadcom Trims Its Offer For Qualcomm After NXP Deal
- February 22, 2018

Stock has got OUTPERFORM rating from 8 analyst (s) whereas last month 7 analyst (s) have given outperform rating. NiSource Inc. (NYSE:NI) has risen 5.02% since February 21, 2017 and is uptrending. Baird Financial Group Inc. now owns 17,807 shares of the semiconductor provider's stock worth $2,085,000 after acquiring an additional 441 shares during the last quarter. (more...)
Albertsons Companies merges with portion of Rite Aid Albertsons Companies merges with portion of Rite Aid
- February 21, 2018

Millennium Mngmt invested in 2.17M shares. The rating was downgraded by Evercore to " Hold " on Wednesday , January 6. Rite Aid would get a buyer after a failed merger with another chain a year ago. 478,600 are held by Ing Groep Nv. John Standley, Rite Aid's CEO, will serve as chief executive of the new company while Bob Miller, Albertsons' current CEO, will be chairman. (more...)
Walmart miss Estimates after Online Sales slip
- February 21, 2018

Fred Alger Management Inc. grew its stake in Wal-Mart Stores by 4,619.7% during the second quarter. Seaward Management Limited Partnership bought 84,359 shares as the company's stock rose 13.55% with the market . Strategic Fincl Svcs holds 34,174 shares or 0.44% of its portfolio. $37.94M worth of Walmart Inc . As per Tuesday, September 19, the company rating was maintained by KeyBanc Capital Markets. (more...)
Elon Musk gets the OK to dig in abandoned DC lot Elon Musk gets the OK to dig in abandoned DC lot
- February 21, 2018

A November 29 permit issued by DC's Department of Transportation allows Musk's Boring Company to dig at an abandoned lot beside a McDonald's in northeast Washington that the company says might eventually become a station on a hyperloop connecting NYC, Philadelphia, Baltimore, and Washington. (more...)
Tops Friendly Markets preparing to file for bankruptcy, Bloomberg report Tops Friendly Markets preparing to file for bankruptcy, Bloomberg report
- February 19, 2018

The Jacksonville, Florida-based Bi-Lo has more than $1 billion in debt after its 2005 buyout of Lone Star Funds , according to Bloomberg. "But now the industry is contending with a more aggressive push by big-box retailers and Amazon.com Inc., which acquired Whole Foods past year to give it a larger brick-and-mortar presence", the Bloomberg report reads. (more...)
Airline worker realises something wrong when two girls checked in without ID Airline worker realises something wrong when two girls checked in without ID
- February 19, 2018

Sacramento Sheriff's deputies believe they helped stop two teens from unknowingly being lured into the sex trafficking trade. "I think the way they kept looking back-and-forth at each other like they weren't really sure. 'When I told them that they didn't have a flight home, that's when it kind of sunk in that maybe I was actually telling the truth, ' Sanderson added. (more...)
Flatulent wind blows Dubai flight to emergency landing Flatulent wind blows Dubai flight to emergency landing
- February 19, 2018

The pilot told the man to cease breaking wind, but the passenger either was unable to hold back or simply refused to do so. When he allegedly refused to stop, a fight broke out. But the police made no arrests as none of the imprisoned passengers had violated any Austrian laws. In another twist, the women are now taking the budget airline to court after being removed from the flight, as they claimed they were humiliated and had nothing to do with the fight. (more...)
Barry Investment Advisors LLC Reduces Stake in Apple Inc. (AAPL) Barry Investment Advisors LLC Reduces Stake in Apple Inc. (AAPL)
- February 19, 2018

Oppenheimer Asset reported 5,550 shares. The Focused Wealth Management Inc holds 29,759 shares with $4.59M value, up from 27,272 last quarter. On Wednesday, September 20 the stock rating was downgraded by RBC Capital Markets to "Hold". The company was maintained on Friday, September 11 by FBR Capital. In related news, insider Johny Srouji sold 10,368 shares of the firm's stock in a transaction dated Friday, November 24th. (more...)