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Business

Atlanta Fed chief stepping down

Atlanta Fed President Dennis Lockhart on Monday said he would not discuss his opinion of what the USA central bank will likely do at its September, November or December meetings as "financial markets seem to be very sensitive to remarks of Fed speakers at the moment".

Business

United Kingdom approves Chinese-backed nuclear plant, sets tighter controls

Business and Energy Secretary Greg Clark said the Hinkley Point deal "will include a series of measures to enhance security" and ensure it can not change hands without the government's agreement. Under the deal , the state-run China General Nuclear Corporation (CGN) is set to finance 6 billion pounds of the cost, with EDF providing the remainder.

Business

US, Israel sign new $38 billion military aid deal, the biggest ever

Under the deal, Israel's ability to spend part of the USA funds on Israeli military products will be gradually phased out, eventually requiring all of the funds to be spent on American military industries, according to the Associated Press news agency.

Business

Chelsea Manning will receive gender affirmation surgery, Army says

Manning, who was born Bradley, has since been promised the surgery once again. She said she hopes her case sets a precedent for other transgender people to be given treatment they need. Manning is now undergoing a 35-year sentence for releasing classified documents to WikiLeaks. While Manning's doctors have recommended the Army private be allowed to follow "female hair grooming standards", the military denied that request, the ACLU said.

Business

Trump says tax cut would cost $4.4 trillion

Asked if he thought it was a good idea to release his returns, Ryan said, "I released mine. Now they're upset. They'll be very upset". If Trump's economic team is upset, it might be because his plan doesn't actually call for 4 percent growth.

Business

FTSE 100 Index falls sharply amid Clinton and US rate hike concerns

The pound dropped 1.2 per cent to 1.317 against the United States dollar, marking its lowest level since September 1. "With little on the economic agenda, a severe bout of panic has struck the global markets, causing the kind of declines not seen since the Brexit", Connor Campbell, a financial analyst at SpreadEx, said.

Business

Hillary Clinton back on track as Trump goes shy on health

What has hurt Clinton, Shrum said, is not the time taken off from the campaign trail but rather her decision to keep her pneumonia diagnosis last Friday secret until forced to disclose it - which reinforced a perception among voters that she has a penchant for secrecy.

Business

Analysts showing optimistic trends for: Potash Corporation of Saskatchewan Inc. (NYSE:POT)

According to these analysts, the Low Revenue Estimate for Potash Corporation of Saskatchewan Inc.is 905.93 Million and the High Revenue Estimate is 1.17 Billion. This represents a $0.40 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date is Friday, October 7th. M&T Bank Corp increased its position in shares of Potash Corp.

Business

Stock Heading Higher Over the Past Quarter: Intel Corporation (NASDAQ:INTC)

An important factor to consider when evaluating a stock's current and future value are the 52 week price high and low levels. ( NASDAQ:INTC ) traded up 1.94% during midday trading on Wednesday, reaching $36.31. Following the transaction, the vice president now directly owns 92,826 shares of the company's stock, valued at $3,388,149. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink .

Business

Annabelle 2 Trailer Is Here To Send Serious Chills Down Your Spine

But the real question is: What is it with Wan movies and nuns? Twenty years after their daughter died tragically, the craftsman and his scarred wife ( Miranda Otto ) welcome a nun and several girls from an orphanage that recently had to close.

Business

Tesla updating autopilot software that could've prevented deadly crash

The use of radar mapping brings Tesla that much closer toward Google's vision of a robotic auto in that Google uses a mixture of laser-based sensors, radar and traditional video cameras to see. However, he cautions that it isn't flawless. Though Musk believes that the upgrades would have prevented the accident, he also mentioned that these things can not be said with complete surety.

Business

Median Income Growth Hits Record in 2015

It also remained 2.4 percent lower than the peak reached during the boom of the late 1990s. When examined along racial lines, African-Americans had median household incomes that were 5 percent lower than what they were earning before the crippling recession.

Business

Ford charts cautious path toward self-driving, shared vehicles

Ford isn't experimenting with autonomous cars and shared-mobility strategies simply to keep pace with industry disruptors and raise its profile on Wall Street, CEO Mark Fields says. Ford's move will likely provoke more criticism from Donald Trump. After starting with sales of robot taxis to ride-hailing services by 2021, "around mid-decade we'll make vehicles available for people to purchase for themselves", he said.

Business

UPS Will Hire 95000 Seasonal Workers

First off, UPS's holiday hiring remaining flat for a few years running could have at least a little to do with some of the technological advancements the company has made in recent years, most notably the development of its Orion software, which uses a proprietary algorithm to determine the most efficient routes for delivery vehicles, which in turn saves time and fuel and allows drivers to make more stops and deliver more packages.

Business

Jeremy Corbyn and team accused of bullying Labour MPs who oppose him

During the head to head, Mr Smith took Mr Corbyn to task, accusing him of not being serious about winning power. The BBC understands Mr Woodcock is one of the MPs to make a formal complaint to the party's chief whip and its general secretary.

Business

Trade deficit shrinks; exports poised to rebound

During April-August 2016, exports contracted 2.98 per cent to $108.52 billion. Exports of organic chemicals increased by €649 million (47 per cent) to €2 billion in July 2016 compared with July 2015, while exports of essential oils decreased by €99 million (12 per cent) to €709 million over the same comparative period.

Business

Claudio Ranieri says the Champions League music made Riyad Mahrez play well

After winning their maiden Premier League title last season, Leicester , who were drawn in Group G, visit Club Bruges in their first-ever Champions League fixture. But Mahrez stepped forward. Gracenote's Euro Club Index prediction of the 16 most likely qualifiers from the 32 clubs in the group stages is led, inevitably, by European giants Barcelona, Real Madrid, Juventus and Bayern Munich.

Business

Davis Expressing Own View on Single Market, May Spokeswoman Says

Mrs May, who favoured staying in the European Union but has promised to deliver on the June 23 referendum vote by steering Britain out of the bloc, said such systems were hard to manage and there was no "silver bullet" on immigration. The UK's departure will be formally triggered "as expeditiously as possible", he said. In London , Tusk met May for their first head-to-head meeting since Britain voted to leave the bloc in a referendum on June 23 which led to the resignation of her ...

Business

Amar Singh behind Mulayam-Akhilesh feud?

After all Singhal's appointment was made at the behest of not just Shivpal but also Amar Singh and above all Mulayam himself as also his (Mulayam's) blue-eyed principal secretary to chief minister Anita Singh, with whom too Akhilesh could never get along.

Business

Apple issues fix after iOS 10 update bricks some iPhones

The Cupertino company also indicated that the issue is now resolved and apologised for bricking your device. Although, it is not clear as to what the root cause of the problem is and which are the affected devices, it is better to play safe and choose iTunes update .

Business

Trump grabs lead from Clinton in Ohio

Without mentioning Clinton's health, Obama dove into the political fallout of Sunday's episode in NY. Mrs Clinton's campaign team has said it will release more of her medical records following the incident and admitted being too slow to provide information about her condition.

Business

Bernie Sanders: Clinton Won't Change Her Mind on TPP

Aside from Kent, Sanders is scheduled to make stops in the Akron and Canton areas. The Clinton campaign announcement states Warren will also campaign for ex-Gov. She'll be rallying around issues of college affordability and "urging Ohioans to register to vote", according to a Clinton campaign email. The campaign says he plans to "emphasize Clinton's plans to support millennials, including making free community college and debt-free college available to all Americans, protecting access to ...

Business

Why PSG would have beaten Man United to Barcelona star Neymar

The Brazilian superstar's representative, Wagner Ribeiro, recently said Neymar was "close" to joining Paris Saint-Germain on a €40 million yearly salary, while he was "also close to a spell at Manchester United", per ESPN Brazil (h/t ESPN FC's Ian Holyman ).

Business

South Floridians making more money but less than before recession

Median household income increased 6.4% in the West, 5.1% in the Midwest, 4.9% in the Northeast and 2.9% in the South. Metro areas saw real median household incomes surge, while non-metro areas did not. The data also suggests America's poorest enjoyed the biggest gains, prompting economists to laud the report as one of the most positive in recent memory.

Business

Samsung blames manufacturing flaw for Galaxy fires

This is maybe due to the company's lack of efforts to coordinate with the U.S. Consumer Product Safety Commission (CPSC) and issuing conflicting information on how to handle the faulty device. Additionally, aviation regulators and airlines have deemed the Note 7 a flight hazard , with the US Federal Aviation Administration (FAA) previously warning airline passengers not to turn on or charge the Galaxy Note 7 during flights and not to put the smartphone in their checked bags.

Business

Ford fact checks Trump: We will be here forever

Earlier this year, Ford said it would invest $1.6 billion in Mexico for small-car production to start in 2018. Donald Trump doesn't like the idea of a formerly US company moving to Mexico , says CNBC , and says he will vow to pressure them back into the United States.

Business

Tesla's Autonomous Driving System To Use Updated Radar Technology

The National Highway Traffic Safety Administration (NHTSA) has been investigating Tesla's Autopilot system since June because of the fatal accident. "Most hard is handling approaching a bridge where the road dips underneath, as this often looks like a collision course". Tesla hopes to eliminate "false negatives" with a 3D map of the road that is made with each vehicle that passes the same place at a given time.

Business

Uber is going to launch its 1st-ever self-driving cars!

Uber-users in Pittsburgh now have the opportunity to ride in an autonomous vehicle with at least one engineer - the first time self-driving cars have been so freely available to the US public. "Real-world testing is critical to the success of this technology". Uber is hoping to reduce fears about the impact of driverless cars on society through this type of testing as well.

Business

Wells Fargo eliminating sales goals after fake account fraud

Senate Banking Committee . Wells Fargo did not comment on Tolstedt's compensation, which CNNMoney calculated from regulatory filings. On Tuesday, Chief Executive John Stumpf apologized and said the management takes responsibility for the problems identified in the settlement.

Business

Bridgewater's Ray Dalio: US Economy Too Fragile for Fed to Raise Rates

He believes central banks' "limited ability to produce stimulation", with lower rates will plague the global economy with slower growth. Gross warned that in the process, Yellen and other central bankers have, "deferred long-term pain for the benefit of short-term gain", and, "the hopes that [their] ancient model renormalises the economy over the next few years".

Business

Trump campaign releases results from physical

It seems as though Donald Trump's campaign is making an effort to appear more transparent to the public - but is it working? The presidential candidate said in a speech to the Economic Club of NY, a business group, that his economic team projects his plans would enable the economy to grow at a rate of 3.5 per cent.

Business

Olive Garden Pasta Passes on sale today

One second! That's faster than any Kylie Lip Kit sellout, for sure. The passes went sale at 2 p.m. ET on September 15, and sold out immediately despite Olive Garden bumping up the number of passes it offered ten-fold to 21,000 this year. The firm noted that the last two promotions barely moved the needle for Olive Garden in terms of purchase consideration, a key metric for potential sales revenue.

Business

The PS4's HDR update is available now

The main goal of the PS4 Pro is to provide more power for 4K gaming as well as upgraded graphics for 1080p. While not providing native 4k gaming or a guaranteed jump to 60 fps on HDTVs, Sony is positioning it as a "good enough" console for the mass market at a cheap price point .

Business

Man nabbed in arson at mosque in Florida

The St. Lucie County Sheriff's Office said that Joseph Schreiber, 32, of Port St. Lucie, was arrested in Fort Pierce. No one was hurt in the fire, but it did burn a 10 ft.by 10 ft. Schreiber was convicted and incarcerated from June 2010 to August 2014, according to prison records. The major said tips from callers and surveillance video led to the arrest.

Business

Capital One Financial Corp. (COF) Upgraded by Citigroup Inc. to Neutral

The company has a market capitalization of $12.05 billion, a P/E ratio of 12.08 and a beta of 1.64. BMO Capital Markets restated a "buy" rating and set a $108.00 price objective on shares of Capital One Financial Corp.in a research note on Tuesday, July 5th.


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