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These responses to the gender pay gap are missing the point

HSBC, Virgin Atlantic and a unit of Barclays were among the largest companies with the biggest gender pay gap - at 59, 58 and 49 percent respectively - according to a Reuters analysis of the published data using the mean as the measure. Omnicom media shop OMD Group comes closest, with a mean pay gap of 5.7% and median pay gap of 4.4%. The statistics for the budget airliner showed that just three per cent of its upper pay quartile were women, compared to 57 per cent of its lower pay ...

Business

Sensex surges near 350 points; Nifty up over 10200

In the broader market, the BSE Midcap and the BSE Smallcap indices outperformed to rally over 1 per cent each. Stocks such as Brigade Enterprises (up 1.55 per cent), Housing Development & Infrastructure (up 1.23 per cent), Phoenix Mills (up 1.13 per cent), Godrej Properties (up 0.96 per cent) and Unitech (up 0.74 per cent) were also trading with gains.

Business

USA crude oil production increased 5 pct in 2017

In addition, the pressure on trade is also exerting tension on the trade dispute between the U.S. and China. May WTI crude oil settled at $63.37, down $0.14 or -0.22% and June Brent crude oil closed at $68.02, down $0.10 or -0.15%. However, crude stocks at the Cushing, Oklahoma, delivery hub rose by 3.7 million barrels, EIA said. This week, China imposed tariffs on 128 USA products, including steel and alloy pipe for oil and gas, effective Monday, in a retaliatory move after the US ...

Business

Rugby Australia's major sponsor unhappy with Folau

Folau, an Australian rugby player, is married to Silver Ferns star Maria Folau (nee Tutaia) who also commented on the post. However, as one commenter pointed out on the controversial Instagram post, Ruby Australia's Inclusion Policy says: 'There is no place for homophobia or any form of discrimination in our game and our actions and words both on and off the field must reflect this '.

Business

Boeing (BA) Earns Daily Media Impact Score of 0.15

Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued. The institutional investor held 64,567 shares of the telecommunications equipment company at the end of 2017Q4, valued at $2.51M, down from 100,327 at the end of the previous reported quarter.

Business

Ronaldo thanks Juventus fans after video-game goal

The match held in Turin saw Real Madrid Club de Fútbol, commonly known as Real Madrid , win by a margin of three goals, guarantying the club's position in the semis; however, the fortunes were much different in the case of Juventus, which not only shed 7.9 per cent in market value but also dampened the team's chances of reaching the semis.

Business

Checking on the Signals for Amc Entertainment Holdings Inc (AMC)

It's an average volume counts to 1960.54K shares. VOLATILITY FACTOR: The stock remained 5.25% volatile in recent week and indicated 4.43% volatility in last month. For the next financial year, analysts anticipate that the business will report sales of $5.52 billion per share, with estimates ranging from $5.47 billion to $5.57 billion.

Business

Treasuries Give Back Ground Amid Rebound On Wall Street

Asia's shares had stumbled overnight, too, although less than Wall Street, where the S&P 500 closed below its 200-day moving average for the first time since Britain's 2016 vote to leave the European Union . "The tariffs imposed by China today lead to greater worries that we will see escalating tariffs and the possibility of a much bigger impact than investors were anticipating last week".

Business

Ford Escape rated poor in small SUV crash tests

In that test, a vehicle is propelled at 40 miles an hour and strikes a barrier with just the outermost part of the bumper on the driver's side or, in this case, the passenger side. Despite good crash scores, none of the latest vehicles earned that top award, primarily because in separate testing, their headlights did not get the required good rating to qualify for the Top Safety Pick Plus designation.

Business

Zuckerberg doesn't commit to extending full European Union privacy laws

Facebook's CEO will appear before the House and Energy Committee at 10 a.m. on April 11, Chairman Greg Walden, R-Oregon, and Ranking Member Frank Pallone, Jr., D-New Jersey, announced Wednesday. He said there might be other Facebook officials better positioned to appear, depending on what Congress wanted to know. The company, funded in part by Trump supporter and billionaire financier Robert Mercer, paired its vault of consumer data with voter information.

Business

SEC shuts down initial coin offering promoted by boxer Floyd Mayweather

Sharma and Farkas have also been charged with securities fraud in a parallel criminal case . The official press release of SEC stated that Sharma and Farks had been charged separately by the authorities. The SEC also alleges that Sharma and Farkas created "fictional executives with impressive biographies" to promote the ICO to investors. Though he isn't mentioned by name in SEC's report, those celebrities include Floyd Mayweather , who had endorsed Centra in September past year in a ...

Business

Sensex cracks 350 points; Nifty ends below 10200

The six-member Monetary Policy Committee (MPC), headed by RBI Governor Urjit Patel, will announce the policy outcome on Thursday. Shanghai Composite Index gained 0.72 per cent. According to provisional data, domestic investors purchased shares worth Rs479.18 crore on net basis, while foreign investors sold shares worth Rs376.51 crore on Tuesday.

Business

4 nations unite against MasterChef UK judge over Rendangate

In a completely unprecedented move, Indonesians and Malaysians have united to blast television show judges over comments made about favorite dish rendang . 'I didn't mean it should be fried, like fried chicken. As part of his own damage control, Torode went on Twitter saying that "maybe rendang is Indonesian" and signing off with "namaste", likely mixing up Indonesia with India.

Business

Wall Street edges up as investors eye key support levels

Shares are expected to start trading today on the New York Stock Exchange. -China trade dispute, the Trump administration proposed 25 percent tariffs on $50 billion worth of imports from China to protest Beijing's alleged theft of US technology.

Business

New takeover bid for Santos

Santos said in a statement: "The Santos board considers that, based on the indicative offer price of A$6.50 per share, it is in the interests of shareholders to engage further with Harbour ". A takeover would be subject to government approvals and will be scrutinised by Australia's Foreign Investment Review Board (FIRB), which provides recommendations to the government.

Business

After Walmart, report of Amazon eyeing a stake in Flipkart

Walmart Inc is in talks to purchase a stake of more than 40 percent in Indian e-commerce firm Flipkart, according to Reuters. Flipkart raised capital from SoftBank in August 2017, which increased its valuation to $14.2 billion. Sources of Mint believe that chances of Flipkart going with Amazon are quite bleak unless the latter one keeps something on the table that stakeholders of Flipkart cant refuse.

Business

NYSE, Spotify's market debut, and the Swiss miss

On its first day of trading on the New York Stock Exchange on Tuesday, the music streaming service finished with a valuation of US$26.5 billion. The platform is nearly twice as large as its next biggest competitor, Apple Music. That represents a premium to smaller rival Pandora Media, which has an enterprise value-to-sales ratio of one, but is far less than a comparable ratio above 10 for Netflix and Dropbox.

Business

Probe launched into WPP boss Sir Martin Sorrell over alleged 'personal misconduct'

Sorrell runs the company from London. However, the exact nature of the allegation or amounts involved have not been divulged. "Obviously, I shall play no part in the management of the investigation underway", he said. Walter Thompson shop and reportedly a prodigy of Sorrell's, resigned from his role two years ago over a suit brought by employee Erin Johnson accusing him of inappropriate behavior, including anti-semitic remarks and rape jokes.

Business

Is Trump vs. Amazon the next big bout?

After falling 4.4 percent Wednesday , shares fell to as low as $1,365 at 10 a.m. EST (1400GMT) Thursday, a decline of 4.6 percent, while the company's market value fell to $660 billion from a close of $724 billion Monday. "And he's going to always look at different ways, but there aren't any specific policies on the table at this time ", she said. Next month, in a case brought by South Dakota, the supreme court is scheduled to hear arguments on whether states can require online retailers ...

Business

Dow Jones posts triple digit gain and tech stocks rebound

A bigger dispute looms over Trump's approval of possible higher duties on Chinese goods. Shares of Boeing Co., for instance, continued their recent slide on Monday, losing 1.7 per cent, as investors fretted about whether the USA airplane maker, a major supplier to Chinese state-owned airlines, will have its wings clipped by retaliatory Chinese action.

Business

Microsoft partners with Canberra Data Centres to introduce two new Azure regions

The fund owned 435,086 shares of the software giant's stock after selling 32,165 shares during the period. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.89 and a quick ratio of 2.85. Shares of Microsoft Corp. Colony Gru Ltd holds 2.15% or 402,052 shares. Fmr Limited Liability Co holds 9,200 shares. Moreover, Quantum Capital has 0.34% invested in Microsoft Corporation (NASDAQ: MSFT ).

Business

Confirmed Line-Ups: UEFA Champions League, Juventus vs Real Madrid

What: Real Madrid will travel to face Juventus in the first leg of the UEFA Champions League quarterfinals. Frankly, Juventus were lucky the final score wasn't far worse, as Madrid missed several opportunities to widen the gap significantly after Dybala was sent off .

Business

GM to Halt Monthly Sales Reports and Switch to Quarters

HBK Sorce Advisory LLC acquired a new stake in General Motors (NYSE:GM) (TSE:GMM.U) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The stock is now has its Return on Assets (ROA) value of 10.5 Percent. United States technology companies with large operations in China could be exposed to retaliation if the dispute escalates.

Business

Bed Bath & Beyond will take old Toys 'R' Us gift cards

Los Angeles Equity Research reported 0.03% stake. Wall Street analysts covering the stock are projecting that the stock will reach $22.65 within the next 52-weeks. The firm has "Buy" rating by BMO Capital Markets given on Thursday, July 13. Intraday Trading of the Bed Bath & Beyond Inc.: Bed Bath & Beyond Inc.

Business

NASA orders a supersonic X-Plane, easy on the boom

Today's statement comes less than 2 weeks after President Donald Trump signed a federal budget for FY2019 that totally moneys the LBFD. NASA believes the low-boom demonstrator-its first clean-sheet manned X-plane in decades-will pave the way for development of quiet supersonic transports by USA industry once the overland flight ban has been lifted and replaced by sound-based certification rules.

Business

Police respond to active shooter at YouTube headquarters, suspect dead

San Francisco General Hospital spokesman Brent Andrew told KPIX the hospital received patients from the incident but could not confirm a number. A source told ABC7 News' Vic Lee there was one, female shooter and that officials are clearing rooms at the campus.

Business

Panera Bread's website exposed customer data for months, report says

Not only could customer data be accessed if a visitor knew the correct link, but due to how the information was stored, it could be searched to find specific victims based on parameters such as phone numbers. Panera was alerted about the data leakage in early August 2017 and said it was fixing the problem then, according to Krebs. Krebs noticed months later that the customer data was still accessible, something that Houlihan confirmed.

Business

Active search for missing Hart children focuses on ocean, travel route

A married Washington state couple, Jennifer Hart, 38, and Sarah Hart, 38, were killed . Devonte drew national attention after the black youngster was photographed in tears, hugging a white police officer during a 2014 protest in Portland, Oregon, over the deadly police shooting of a black man in Ferguson, Missouri.

Business

Videocon loan case: IT dept issues notice to Deepak Kochhar

Last week, the ICICI Bank board came out in support of Chanda Kochhar, saying it has full faith and confidence in her and described reports against her over the credit disbursement to Videocon Group as "malicious and unfounded rumours". In the case of Videocon, we need to see whether Chanda (Kochhar) will be get implicated. The Income Tax department has sent a notice to NuPower Renewables under Section 131 of IT Act seeking details of assets, income and tax paid.

Business

Tuesday's wintry mix still on track

There were concerns that some rural communities could become cut off, mainly across the northern Pennines and Scottish Borders, with "significant accumulations" of snow forecast. In a Twitter post Sunday morning, the department called out WBZ chief meteorologist Eric Fisher, putting him "on notice". The snow is expected to taper off from west to east between 9 and 11 a.m.

Business

Medical marijuana doctor supports legalizing recreational use

The cease-and-desist orders come as the state continues the process of more tightly regulating the medical marijuana industry under a 2016 law that aimed in part to address confusion surrounding the legality of dispensary shops that opened after voters in 2008 authorized marijuana for medical use.

Business

SoftBank, Alibaba to invest Dollars 445 mln in Paytm E-Commerce

Paytm Mall competes with Flipkart , which investors SoftBank and Tiger Global are planning to sell to Walmart. Alibaba (NYSE: BABA ) pitched in $45M in the round as a return investor. SoftBank, which now has an installed and under-construction solar capacity of 750 MW, itself sought very low tariffs in its last bids in May 2017, where it quoted 2.45 rupees per unit.

Business

Supreme Court won't revive lawsuit by American families against PLO

The case, Sokolow v. Palestine Liberation Organization, contended that the PLO and Palestinian Authority were responsible for more than seven terror incidents from 2001 to 2004 that led to American deaths, claiming that the attacks were carried out by security officers and other agents of the P.A.

Business

16-year-old in critical condition

The girl was found with a gunshot wound in Chalgrove Road near Northumberland Park station in Tottenham, north London. On the later Walthamstow shooting, the spokeswoman confirmed a 16-year-old boy was found with gun shot injuries. The spokeswoman said it was too early to draw any links between the attacks, which come amid concerns over rising violent crime in the capital . Ministers point to findings from the separate crime survey which show overall offending is going down over the long ...

Business

Fox could separate Sky News to satisfy United Kingdom regulator on takeover

It comes as the Competition and Markets Authority weighs up whether to recommend Fox's deal for Sky to Culture Secretary Matt Hancock, who must decide to either approve or block it. We are aware that a group of politicians that is opposed to the transaction is seeking to influence the CMA and is making a number of unsupported and fanciful assertions.


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