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Obama Eviscerates Trump as a Fake Working Class Hero

The incident was captured by assembled television networks. Former President Bill Clinton said that his wife has had health episodes in the past similar to Sunday's near collapse, but has worked through them. Her campaign acknowledged on Monday it may have been too slow disclosing her pneumonia diagnosis, which didn't become known until Sunday when Clinton almost fainted at the September 11 memorial service at Ground Zero.

Business

Niki warns you about Galaxy Note 7 phones

The update is only pushing out to users in South Korea so far. The Samsung Galaxy Note 7. "Samsung Galaxy will be reborn as a loved and trusted brand through more rigorous quality control", it said in the ads. Combined with the awful battery life being introduced, I'm sure most owners will soon opt to go through the hassle of replacing their Note 7 . If the battery problem turns out to be systemic problem of the Galaxy S7 as well, than Samsung got a very big problem.

Business

Syrian Observatory recorded no deaths in first 48 hours of Syria truce

In besieged rebel-held Aleppo , Mohammed Khandakani, a 28-year old attorney, said calm was prevailing in an area that had seen some of the heaviest violence in the days leading up to the cease-fire. "But as I said, we anticipated an uneven start to the cessation of hostilities". Turkey's state-run Anadolu news agency said the Turkish Red Crescent had distributed meat from animals sacrificed for Eid al-Adha to 4,500 households in Jarabulus.

Business

Apple's iOS 10 update caused major headaches for some users

As usual we recommend you do a backup before performing any software update . Some Computerworld staffers upgraded their iOS devices without encountering problems, but others weren't so lucky. Maps has been given similar functionality, while Apple Music has been overhauled following its lacklustre critical reception when it was launched a year ago.

Business

JPMorgan nudges Wells Fargo off perch as most valuable US bank

A Wells Fargo spokeswoman said Tolstedt had "made a decision to retire at the end of this year". The issue has also attracted the attention of U.S. Robert Menendez of New Jersey, said Wells Fargo's CEO, John G. Stumpf, should be called to testify. Sanjay Sen, chief investment officer of BloombergSen Investment Partners in Toronto, which has about 2.3 million Wells Fargo shares, said via e-mail that his firm would support any resolution that improves Wells Fargo's management or ...

Business

Dollar strengthens as markets await Fed decision

The comments came after Boston Fed President Eric Rosengren said on Friday that low interest rates are increasing the chance of overheating the USA economy. The Dow Jones industrial average gave up 176 points, or 1 percent, to 18,149 as of 10:07 a.m. The Nasdaq composite lost 65 points, or 1.2 percent, to 5,147.

Business

British retail sales hold up better than thought in August

Spending by shoppers has been largely robust in the wake of June's referendum decision to leave the European Union, despite consumer sentiment initially suffering its sharpest monthly fall in a generation. Excluding motor vehicles which fell 4.7% during the month, retail sales rose 3.0%. The Bank of England cut its benchmark interest rate last month to support spending as part of a package of measures to cushion the economy.

Business

No plans to devalue rupee, market to determine value: Finance Ministry

The Indian rupee fell below 67 to the dollar on Thursday after a television channel reported that the commerce ministry will propose a devaluation in the unit to the government to promote dwindling exports. Sitharaman, who does not hold cabinet rank and is not widely recognised as a policy authority outside her area of responsibility, recently called on the RBI to cut interest rates by two per centage points.

Business

Economic summit opens amid sluggish growth, trade disputes

David He, a partner of Boston Consulting Group, said Xi's speech at the Hangzhou summit underscored China's responsibilities in the global economy. China hopes its status as this year's G-20 leader will increase its influence in global economic management.

Business

Bloc must do more in defense — European Union exec

Instead of obligatory, he said, "solidarity must be voluntary, must come from the heart". The move of having the next leaders' meeting outside Brussels could be an indication of wanting more involvement from member countries. The European Parliament and the wider EU have been shaken by the Brexit vote in June. The Commission revived ideas for more cooperation among European Union armies, now that British objections no longer count.

Business

Cauvery row: Normalcy returns to Bengaluru, partial curfew in force

Lorry owners too have expressed solidarity with the agitations. Commuting out of town may become hard as All Omni Bus Owners and Operators Association will also participate in the shutdown. "Curfew has been lifted in all 16 police station limits of Bengaluru city from 9 AM today", City Police Commissioner NS Megharikh tweeted on Wednesday.

Business

US opens investigation into Wells Fargo fake accounts scandal

Yet, a lot of employees say they were pressured to cross-sell products. Specifically, Gerald Armstrong, an individual investor who often submits shareholder proposals at both large and small banks, told The Deal that he plans to resubmit the proposal because he was frustrated with recent revelations around its sale practice of opening deposit and credit card accounts without customer knowledge.

Business

Wells Fargo lowers sales goal after $185M fine

Lew said the crackdown vindicated the creation of the CFPB under the 2010 Dodd-Frank financial reform law, which was enacted in response to the 2008 financial crisis. The consumer bureau was created by that legislation and has been under attack by congressional Republicans ever since. "This ought to be a moment where people stop and remember how risky the system can be if you don't have protections in place".

Business

India set for broadband disruption with Jio launch

Post December 31, 2016, data will be chargeable but voice calls will continue to remain free. The company said that it is using this time period to fine-tune its services as well as for resolution of interconnection and mobile number portability related issues that it has faced with several other operators.

Business

United States household income rises for first time since recession

Incomes increased for every age group, with the strongest gains for households with adults in prime working years. Nationally, median household income grew 3.8 percent, to $55,775 previous year, according to data from the U.S. If the U.S. economy can string together a few more years like 2015, average Americans will once again be able to look back and say that they really are doing better than ever.

Business

Bayer, Monsanto sign merger agreement

Areas of potential overlap include some soybeans, canola and cotton seeds. Farming interest groups have criticized such mergers because it could lead to fewer choices and higher prices. Bayer said BofA Merrill Lynch, Credit Suisse, Goldman Sachs, HSBC and JP Morgan had committed to providing the bridge financing. The US$100 billion global market of seeds and pesticides has grown increasingly competitive, as farmers duel for crop and market share on a planet whose population is expected to ...

Business

John Lewis Partnership profits fall

He added that the changes in market conditions it faced were not as a effect of the European Union referendum, which he said "had little quantifiable impact on sales so far". Chairman Sir Charlie Mayfield said the uncertainty over Brexit had not yet affected John Lewis's performance. This reflects market conditions and, in particular, steps we are taking to adapt the partnership for the future'.

Business

Hillary Clinton Releases Additional Medical Information

But mostly it just fires up Trump's existing base of support, some of whom are now making and selling out t-shirts that proudly say things like "I'm Deplorable!" on them. Cooper then pressed Clinton, "But doesn't your handling of this, and your campaign's refusal to acknowledge what happened until really after that video was circulated confirm the suspicion to some voters that you're not transparent or trustworthy?" Former president and husband to the Democratic nominee Bill Clinton ...

Business

Justice Department is investigating Wells Fargo sales tactics

Wells Fargo pledged September 13, 2016 to eliminate product sales goals in retail banking as it works to win back trust following a crackdown last week by a federal consumer watchdog. " Wells Fargo Securities will continue to provide financial solutions to our alternative asset manager clients in core areas such as Prime Services, Futures and OTC Clearing and Futures Execution".

Business

Guardiola urges City fans to forget Champions League gripes

The match was originally scheduled to have been played on Tuesday, but had been postponed due to poor weather conditions. In the Premier League everyone comes here but in the Champions League they don't. "The people are listening so I am sure they are going to do that". Certainly there was plenty for the City fans to enjoy in a dominant performance against Monchenglabach with Segio Aguero scoring his second hat trick of the competition already before Kelechi Iheanacho added a late fourth.

Business

Trump says Fed keeping rates low because of pressure from Obama

Some think the Fed will raise rates numerous times next year too. If there's any silver-lining to Trump's comments, it's that candidates usually try to avoid weighing in on the Federal Reserve to avoid moving markets. "It is a very serious problem ... and to a certain extent, I think she should be ashamed of herself". For those maintaining lists of Donald Trump's conspiracy theories and areas of policy incoherence, it's time for an update .

Business

'Stop using' the Galaxy Note 7, says United States safety commission

We are asking users to power down their Galaxy Note 7s and exchange them as soon as possible. Samsung has stopped selling the phone and initiated a "product exchange program", that would allow customers to return their potential phone bombs.

Business

Former head of Brazilian House of Representatives expelled from congress

Swiss authorities have confirmed he has $1.4-million in accounts in that country, a charge that he continued to deny on Monday. The vote against him was well clear of the simple majority of 257 needed in the 513-member chamber. Prosecutors accuse Cunha of corruption and money laundering for his role in negotiating Petrobras contracts for drill ships. Alencar, has been one of Cunha's biggest critics and noted that the impeachment of the legislator was a "small but important step towards the ...

Business

Bayer Looks to Buy Monsanto

The two firms said in a joint statement that the deal "brings together two different, but highly complementary" businesses. After the deal is completed, the newly formed brand will dominate more than a quarter of the combined world market for seeds and pesticides in the fast-consolidating farm supplies industry.

Business

Big volcanic eruption in Japan 'in 30 years'

Sakurajima, on the southwestern edge of Japan's Kyushu island, is one of the country's most active volcanoes and has been the focus of a study by a team of global experts. This means that pressure is building up. "Being forewarned means we are forearmed and providing essential information for local authorities can potentially help save lives if an eruption was imminent", said the study's lead author, Dr James Hickey .

Business

Middle class wages jump, but gender gap persists

The biggest gains in income were at the lower end of the economic spectrum, as a percentage of income. Households in metro areas saw a 6 percent increase in median incomes, from $55,920 in 2014 to $59,258 in 2015. "Americans are also likely benefiting from an increase in middle-income jobs". But it remains 2.4 percent below the peak it reached in 1999, when it was $57,909.

Business

Ramky Infrastructure Q1 standalone net loss narrows to Rs 15 crore

EBITDA margin, on the other hand, declined to 21.49 percent in the first quarter, from 23.81 percent on a year-on-year basis. The biggest jump in costs came from power purchased from other producers-from Rs502 crore a year ago, it shot up to Rs684 crore in the June quarter.

Business

Oil Prices Fail on Inventories data

Gasoline stockpiles also rose more than expected, gaining by 567,000 barrels versus a forecast build of 343,000. Oil had also edged upwards after U.S. The IEA - which advises oil consuming nations on energy issues - added that oil demand growth was slowing while supply was rising. Earlier in the week, the Organization of the Petroleum Exporting Countries predicted that non-cartel producers such as the US and Norway will increase their production, and that global supply will outpace demand ...

Business

North Korea warns United States after Air Force bomber exercise

The Air Force has previously deployed strategic bombers to South Korea in response to North Korea provocations, and the deployment is taking place after North Korea conducted its fifth nuclear test on Friday. The North has evaded a decade of United Nations sanctions to develop the uranium enrichment process, enabling it to run an effectively self-sufficient nuclear programme that is capable of producing around six nuclear bombs a year, they said.

Business

Bayer, Monsanto try to create global chemical and ag giant

Louis base. The US$ 66 billion ($90.4 billion) deal - the largest corporate mega-merger in a year full of them - could reshape the development of seeds and pesticides necessary to fuelling the planet's food supply. The transaction includes a break-fee of $2 billion that Bayer will pay to Monsanto should it fail to get regulatory clearance. The two firms said that the deal "brings together two different, but highly complementary" businesses.

Business

Bayer Agrees On $66 Billion Monsanto Deal; Investors Doubtful

Bayer has a smaller seeds business but is mainly in the pest and disease product side of the agri-chemical market, including seed treatments, while Monsanto's chemicals were more in the herbicide and weed control side of the market. It also faces allegations against the seed technology. Monsanto commercialized the first genetically modified soybean and cotton varieties in 1996 and widely licensed its crop genes to competitors.

Business

'Fastest ever' leap in United States household incomes

Thirty-nine states saw median incomes rise, and none saw a decrease. Hispanic-origin households increased by 6.1%. Median incomes picked up in all regions of the United States, across all age groups, and for most ethnic and racial groups, Renwick said.

Business

Wells Fargo CEO Refuses To Resign After Massive Fraud Exposed

The pressure cooker environment is also described in a lawsuit filed by Los Angeles against Wells Fargo in May 2015. Folk says Tolstedt's $124.6 million comes from "stock that she either owns outright" or in the form of options. "Every day we strive to get things right". "It takes a particular level of what my grandmother called "chutzpah" to ― when you are earning millions of dollars annually ― to turn and dump the blame on what are fairly low-paid employees", Olen told The Huffington ...

Business

Household income increases for the first time since 2007

Hispanic of any race: $45,148, up from $42,540. Black families continue to be the poorest households by race, earning median income of $36,900 past year , despite a 4.1 percent jump in income. Just like households in non-metropolitan areas, those working less than full-time year round had a poverty rate of 15.5% in 2015, which was not statistically significantly from the year before.

Business

Fox News' recently named co-presidents sign new contracts

Murdoch says the new deals will ensure "stability and leadership to help guide the network for years to come". Prior to this position, Abernethy was the EVP of Fox News, where he led development for long-term strategic and business plans for the network.


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