Business

by | April 13, 2018 | 01:14

Greenwood Gearhart Inc increased its stake in Fortune Brands Home & Security Inc (FBHS) by 8.4% based on its latest 2017Q4 regulatory filing with the SEC. 143 funds opened positions while 654 raised stakes. Vision Mngmt holds 3,454 shares. It also reduced Toronto Dominion Bk Ont (NYSE:TD) stake by 1.09M shares and now owns 51.38 million shares.

by | April 12, 2018 | 06:14

The CEO has denied any knowledge of the automaker's scheme to cheat diesel emission tests for a number of years. FILE - In this June 1, 2017 file photo Matthias Mueller , CEO of the Volkswagen company, attends a contract signing ceremony as part of a meeting of German Chancellor Angela Merkel and China's Premier Li Keqiang at the chancellery in Berlin.

by | April 10, 2018 | 19:01

The Uber spokeswoman said the company had no plans to withdraw the standalone Jump app. JUMP offers a dockless electric bike service within San Francisco and Washington. Jump bikes are interesting because you can drop them off and lock them up wherever it's legal to park a bike, rather than on a specific rack. You get 30 minutes of ebiking for $2 (plus some fees).

by | April 10, 2018 | 19:01

The latest sanctions affected companies such as Sberbank , whose shares fell 17% in Moscow. "This is an outrageous business from the point of view of illegality, from the point of view of flouting all the norms, and of course careful analysis is needed here", said spokesman Dmitry Peskov.

by | April 09, 2018 | 00:19

According to the Weekly Petroleum Status Report, U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, of the week ending March 30, decreased by 4.6 million barrels from the previous week. News reports that the Iraqi government has approved plans to increase the country's oil production capacity to 6.5 million barrels a day by 2022, from around 5 million barrels a day in 2019, were consistent with expectations that the country would continue to expand its ...

by | April 08, 2018 | 00:53

The rationale for the sugar tax , first devised by George Osborne when chancellor in 2016, is simple. "We were reformulating our drinks to reduce their sugar content for many years before the tax was announced, we've done 34 reformulations since 2005, and there is ample data which shows that the sugar people consume from soft drinks has declined significantly over the last decade and continues to do so".

by | April 07, 2018 | 09:46

Analysts said the cold weather may have contributed to the slowdown, which was anticipated to some degree after February's blockbuster gains. The March jobs report shows there were 103,000 jobs added in the month, though many economists expected something closer to an additional 175,000.

by | March 30, 2018 | 04:19

Shadow chancellor John McDonnell defended Ms Thornberry's comments, emphasising her "sarcasm" in response to a journalist's question. Meanwhile, speaking to the Independent , ex-PM Tony Blair has urged MPs to vote "according to what they genuinely believe", even if it means defying their party.

by | March 25, 2018 | 00:28

The goal did give Spain the lead but did not put Germany under pressure as the World Champions rallied with attacks of their own, and by the end of the first half, Thomas Muller had equalised. "I'm very happy with my team's performance", Brazilian manager Tite said. There are just three months before the World Cup kicks off in Russian Federation, and while Loew expects both teams to impress on Friday he also knows neither will be keen to put all their wares on display.

by | March 25, 2018 | 00:30

New Yorkers should expect a sloppy commute as the "the last gasp" of a nor'easter that dumped more than a foot in parts of the city heads out to sea. The storm dropped about 8 to 12 inches of snow overall in central areas, while some eastern areas saw up to 16 inches. Many customers in Westchester are still frustrated with the delayed response to power outages after those storms downed trees and power lines.

by | March 24, 2018 | 12:34

Newly-installed Fed Chairman Jerome Powell pointed to factors that have boosted the economic outlook in recent months, including "more stimulative" fiscal policy, in the wake of the massive tax cuts Congress passed in December . But he said the Fed's regional bank presidents around the country have heard concerns from businesses about the consequences of the tariffs. However, he also acknowledged that central bankers now consider the prospects of a global trade war as a "more prominent ...

by | March 22, 2018 | 00:51

The 2.8% uptick in average weekly earnings in the three months to January suggests that wage growth is starting to pick up more substantially, to the benefit of consumers. "For every 100-basis-point increase in the fed funds rate, historically, it has been the case that the adjustable-rate mortgage rate would go up by 70 basis points", said Michael Cox, founding director of the O'Neil Center for Global Markets and Freedom at Southern Methodist University in Dallas, Texas.

by | March 16, 2018 | 00:40

Animal rights group PETA called for the flight attendant involved in the incident to be fired and charged with animal cruelty in the dog's "horrific, terrifying death". "I cried with them three minutes later as she sobbed over his lifeless body". While the airline originally told Swindle that her dog could be quarantined for up to two weeks, they have since promised that a veterinarian will check on him in the airport and put him on a flight to Wichita, Kan.

by | March 15, 2018 | 02:00

The BDI interpreted the development as an "alarming sign" that Brexit was already "casting a shadow" on economic relations between Britain and EU. Juncker said the controversial "backstop" proposal for dealing with the border between Northern Ireland and the Republic "translates faithfully" the agreement reached between Mrs May and the European Union in December.

by | March 15, 2018 | 02:01

The Microsoft Cloud - comprising Microsoft Azure , Office 365 and Dynamics 365 - from Swiss datacenters is expected to be initially available in 2019. Microsoft has a long history of collaboration with various companies which are reliable. Finastra has already moved its United States payments line to Azure, and more business lines will follow over the next 12 months.

by | March 15, 2018 | 01:59

Cryptocurrencies have been a hot topic for quite some time now, with its regular rise and fall the digital currency coins have managed to steal the stage away. Google added that they are constantly updating their policies as "threats emerge". Also on this updated list are binary options and synonymous products, and in general " cryptocurrencies and related content ".

by | March 13, 2018 | 04:17

The central bank expects retail inflation to pick up to 5.1% to 5.6% in April-September before easing, assuming normal rainfall. While the price rise in food segment was 3.26% in February, it was 17.57% in vegetables. The retail inflation, however, fell to four-month low of 4.44 per cent in the month of February as compared to 5.07 per cent in January. Capital goods, a barometer of investments, showed a sharp increase in output by 14.6% in January, 2018 as against a decline of 0.6% year ...

by | March 10, 2018 | 00:34

Earlier this month, Twitter began soliciting proposals from the public to help the platform capture, measure and evaluate healthy interactions. Furthermore, Twitter product director David Gasca noted during the stream that one of the problems with the verification platform is that people view the blue checkmark as an endorsement by the company, which is not the case.

by | March 08, 2018 | 01:16

The suit alleges that since Mr. Trump himself never signed the agreement, Daniels should be free to discuss her "intimate relationship" with him in 2006 and 2007. The White House has strenuously denied the allegations. President Trump's proclivity for putting his name on buildings, steaks, ties and certificates is well-known.

by | March 06, 2018 | 01:30

The Committee on Foreign Investment in the United States (CFIUS), which has the power to stop deals that could harm national security, asked Qualcomm to postpone the annual meeting and election of directors by 30 days. Broadcom had hoped to install six friendly board members at a shareholder meeting Tuesday, which would effectively give Broadcom control and allow a vote for Qualcomm to accept Broadcom's acquisition offer.

by | March 05, 2018 | 10:40

Later Friday, United Airlines, which operated the flight, offered a slightly less drastic account of what had occurred. The flight was en route to Washington Dulles International Airport when it was hit with bad weather from a powerful nor'easter, bombarding the East Coast with violent winds, torrential rain and snow.

by | March 03, 2018 | 03:11

Tripura went to the polls on February 18 and Nagaland and Meghalaya on February 27. As far as exit polls are concerned, the BJP is expected to dethrone the Left from its citadel - Tripura . This was, however, a major dip from 2013 assembly election when the state had recorded about 90 per cent voter turnout. The Congress fielded candidates for all 59 constituencies.

by | March 03, 2018 | 03:08

Using Uber's ride-hailing service to get home after a long night of drinking is definitely the responsible thing to do. The bad news? That party was in Morgantown, West Virginia . The trip set him back $1,600. Bachman got back to New Jersey safe and sound. Bachman says he gave the driver five stars. "I didn't know what to think", he said.

by | March 02, 2018 | 01:17

Comcast Corp , the biggest cable operator in the United States, has offered to pay US$31 billion to buy Sky PLC , the European pay-TV group that Rupert Murdoch's 21st Century Fox Inc has already agreed to buy. Shares of both Comcast and Disney declined on the news . Mr Roberts said Comcast was prepared to co-own Sky with either Fox or Disney , as long as Comcast held a majority stake.

by | March 02, 2018 | 01:15

The court's more conservative members said that requiring workers who choose not to join public unions to pay for collective bargaining and similar activities is an affront to their right to free speech. They agreed with a lawyer for Mark Janus , an IL state employee who objects to paying $45 a month to support his union, the American Federation of State, County and Municipal Employees.

by | February 26, 2018 | 02:00

The Indian Express has quoted an official saying the agency "want (s) to see on what basis these loans were granted and whether these are still recoverable". While the Samudra Mahal properties and two other flats in Punes Hadapsar area are in the name of Modi and his wife Ami, the assets attached in the pricey Kalaghoda and Opera House area in the Maharashtra capital are in the name of Modi's diamond firm- Firestarter Diamond International Private Limited.

by | February 25, 2018 | 01:23

The UK economy grew more slowly than was previously thought last year as household spending and business investment tailed off in the final few months leaving Britain trailing even further behind America and the eurozone. Between the third and fourth quarters, transport, storage and communication grew by 1.1%; business services and finance were up by 0.9%; and government and other services increased by 0.2%.

by | February 25, 2018 | 01:25

Buffett reported $29 million tax gains in Berkshire's annual earnings from a change in USA tax rules. Buffett details in his annual letter the many business activities that led to that gain - including, he writes, investments in American companies, which helped Berkshire's non-insurance businesses realize a $950 million gain in pre-tax income over 2016.

by | February 24, 2018 | 03:17

At that point, there were still Russian hopes that the International Olympic Committee (IOC) would go ahead and lift its suspension of Russia's Olympic committee and allow them to march with the Russian flag at Sunday's closing ceremony. The IOC set out the criteria for Russian Federation to be reinstated, and the latest doping cases are a setback. "This won't win us any extra credit", Russian delegation leader Stanislav Pozdnyakov told members of that country's media, per the AP.

by | February 22, 2018 | 00:32

Amazon acquired the high-end grocery chain in August and has found numerous ways to bring Amazon convenience to Whole Food shoppers, including installing lockers in stores. Amazon has said Prime is becoming the loyalty program for the chain which it acquired previous year, although how exactly that would work remains unclear.