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UK to lose passporting rights unless in European Economic Area- ECB's Weidmann

In a joint interview given to several European newspapers , including the British daily Guardian and the German newspaper Sueddeutsche Zeitung, and published Monday, Weidmann said, "Passporting rights are tied to the single market and would automatically cease to apply if Great Britain is no longer at least part of the European Economic Area (EEA)".

Business

Fox News' Gretchen Carlson drops sex bias suit against Roger Ailes

Ailes was hired by Rupert Murdoch to create Fox News from scratch in 1996. Van Susteren was an anchor for 14 years. A person familiar with her departure told ABC News that it was the result of "a financial disagreement". In addition, Laurie Dhue, another former Fox News host, is now writing a book on when she worked for Ailes, according to the report . As part of the settlement, Fox News , which is owned by 21Century Fox, issued an apology: "We sincerely regret and apologize for the ...

Business

Arrest made in New York and New Jersey bombings after shootout

Rahami pulled a gun and shot the officer - who was wearing a bulletproof vest - in the torso, and more officers joined in a running gun battle along the street and brought Rahami down, police Capt. One of the devices exploded as a bomb squad used a robot to try to disarm it. Saturday night's blast in the bustling Chelsea neighborhood in Manhattan injured 29 people, and another unexploded device made out of pressure cooker was found several blocks away.

Business

Hillary Clinton says terrorists use Donald Trump comments to recruit fighters

Kaine says Clinton was right to call out "dark emotions". "And this is a pattern that has been repeated over and over again, and I think this doesn't belong in any race, much less a race to be president of this country", he added. And Jake, I gotta tell you the truth . "Until then, and when the issue was raised, he made very clear the other day what his position is". And I think it's because Donald Trump's been focusing on issues the American people really care about.

Business

Kohl's to hire 69000 seasonal workers

KSS announced that it would hire over 69,000 workers for the fast-approaching 2016 holiday season, the same amount the company took on a year ago. Department store operator Kohl's Corp. With a commitment to inspiring and empowering families to lead fulfilled lives, the company offers awesome national and exclusive brands, incredible savings and inspiring shopping experiences in-store, online at Kohls.com and via mobile devices.

Business

Relatives view Tulsa police shooting videos

Pastor Rodney Goss told the Tulsa World (http://bit.ly/2cINS4j ) that he was among the local community leaders who were shown footage of the shooting of 40-year-old Terence Crutcher ahead of its scheduled release to the public Monday afternoon.

Business

More Devices Found Outside New Jersey Train Station, 1 Explodes

The remaining four devices will be transferred to the Federal Bureau of Investigation laboratory at Quantico, Virginia, said Bollwage. Democratic Governor Andrew Cuomo, touring the site of Saturday's blast that injured 29 people in Manhattan's Chelsea neighbourhood, said there did not appear to be any link to worldwide terrorism.

Business

Analyzing Analyst Recommendations: McDonald's Corp. (NYSE:MCD), International Business Machines Corporation

The Average price target is noted at $31.56, this average price is calculated and based on coming up with go through the consensus of analysts and stock's current price is placed at $31.8. Indeed, earnings growth is among the most important things to look in regards to stock investing and, accordingly, investors seek companies who have been successful at growing their earnings by at least 25 percent over a 3 year period.

Business

NY bombing suspect taken in custody

The 28-year-old Afghan-born U.S. citizen had been named by the Federal Bureau of Investigation as a suspect in Saturday's bombing in Manhattan. NY governor Andrew Cuomo said Monday that the explosion in Chelsea could be an act of terrorism with a foreign connection , AP reported .

Business

Tesla to boost radar as it tries to improve Autopilot safety

The National Highway Traffic Safety Administration has been investigating Tesla's Autopilot system since June because of the fatal accident. Tesla Motors Inc has disclosed $1.1 billion in third quarter cash requirements in payments and planned expenditures, about a third of the cash on hand mid-year, in a new sign of pressure on the electric vehicle maker.

Business

Police Release Photo Of Man Sought In Connection With NYC Blast

On Sunday night , a backpack containing five devices was found near a train station in Elizabeth New Jersey. Meanwhile, Elizabeth Mayor Christian Bollwage warned other explosions were expected in Elizabeth. Due to the explosions and multiple bombs found, officials believe there may be a terror cell at work in those two states. "We will continue to lead the global coalition on the fight to destroy ISIL which is instigating a lot of people over the internet to carry out attacks ", ...

Business

No help on the horizon for $14B of stranded sea cargo

To receive a final order on bankruptcy protection, Hanjin representatives will have to return to court on Friday. Jensen says the ships anchored in or circling the high seas represent about half of Hanjin's fleet. But this decision does not guarantee that the vessels will be able to unload cargoes. The South Korean government has said government-backed creditors would offer another 100bn won if collateral was provided.

Business

US homebuilder sentiment rises in September as sales improve

The NAHB's index gauges how builders rate present and future market conditions for new home sales. On Monday, Sept. 19, 2016, the National Association of Home Builders/Wells Fargo releases its September index of builder sentiment. "We have been frustrated by the stubborn refusal of the homebuilders to react to the increase in mortgage demand and new home sales this year, but this report makes up all the lost ground".

Business

Kmart to close 64 stores across US; Wilmington store to remain open

No word yet on how many people will lose their jobs, but Riefs said eligible employees will get severance packages and "have the opportunity to apply for open positions at area Sears or Kmart stores". According to a press release , Kmart and Sears Domestic comparable store sales declined 3.3 percent and 7.0 percent in the second quarter of 2016.

Business

Deutsche Bank to fight U.S. $14bn claim

Many analysts also expect Deutsche Bank's eventual settlement to be substantially below the USA demand, although it could still trouble the bank. The "number is almost fourfold higher what analysts were anticipating", said Naeem Aslam, chief market analyst at Think Markets UK, in a note.

Business

J.C. Penney Company Holding Company (JCP) Receives Anayst Rating

Holding Company is expecting Growth of -28% per annum, whereas in the past 5 years the growth was 9.37% per annum. The brokerages have individual rating process to draft research reports. The company traded 15.26 million shares versus it average capacity of 14.28 million shares. 10 rated the company as a "Hold". Finally, Zacks Investment Research raised J.C.

Business

'Game of Thrones,' 'Veep' reign at Emmys

The worldwide hit, which is filmed in Ireland, has overtaken Frasier's previous record of 37 Emmy Awards. Oh yes, there were jabs at Marcia Clark, Donald Trump (who was mentioned, perhaps, a bit more often Sunday than was wise) and Maggie Smith - a bit that paid off later when she won an Emmy - but they were more good-natured than nasty.

Business

Violence flares in the West Bank and East Jerusalem

Two Palestinians were killed on Monday as they tried to stab Israeli police in the West Bank city of Hebron while a third Palestinian was shot and wounded after stabbing and wounding two Israeli police officers in Jerusalem, police said. Police identified the perpetrator as a Palestinian in his 20s from east Jerusalem and said he had followed the officers before attacking them. At least 34 Israelis and two Americans have been killed in Palestinian stabbings, shootings and auto rammings ...

Business

Bayer clinches Monsanto with improved $66 billion bid

Louis. The offer of Dollars 128 per share is 44 per cent higher than the closing price of Monsanto's share on May 9, the day before Bayer's first written proposal to Monsanto. and DuPont Co". That bid was turned down by Monsanto which deemed the price inadequate. Blake Hurst, who farms 6,000 acres of corn and soybeans near the northwest Missouri town of Tarkio, wonders whether less competition will mean higher prices for seeds and herbicides.

Business

Broker Price Targets: Spirit Realty Capital, Inc. (NYSE:SRC)

Teachers Advisors Inc. boosted its stake in shares of Spirit Realty Capital, Inc (New ) by 40.8% in the second quarter. 12/02/2015 - Spirit Realty Capital, Inc. The ex-dividend date of this dividend is Wednesday, September 28th. Spirit Realty Capital, Inc (New)'s payout ratio is 304.36%. Shareholders of record as of September 30, 2016, will receive the $0.175 cash dividend on October 14, 2016.

Business

Oil falls as much as 3% after IEA revises supply forecast

U.S. West Texas Intermediate (WTI) crude futures slid by 10 cents to $43.48. The timing of the world oil market's return to balance is "the big question", the IEA said in its monthly report , adding that current prices - above $45 - would suggest supply falling and strong demand growth.

Business

Afghan immigrant sought in New York and New Jersey bombings

New Jersey Transit says service has resumed after being suspended between Newark Liberty Airport and Elizabeth. Another pipe bomb went off yesterday in a trash can in Seaside Park , New Jersey . An FBI wanted poster, issued hours before the arrest, warned that Rahami "should be considered armed and risky". The two men were headed home and found the backpack, and when they saw that what looked like bombs were inside with wires sticking out, they immediately contacted police.

Business

Merkel declines comment on U.S. penalty for Deutsche Bank

That amount is close to the company's EUR16.5 billion ($18.44 billion) market cap. Still, the figure seemed to be much more than Deutsche Bank expected. Deutsche Bank still has to deal with a probe of its equities business in Russian Federation and is struggling to sell its German retail lender Deutsche Postbank AG.

Business

Obama's emotional plea to black voters to choose Clinton

Eighty-six percent of Democrats say the US would be "damaged beyond repair" if Trump wins, while 83 percent of Republicans think the same would happen if Clinton wins. Mike Pence and Trump's campaign manager, Kellyanne Conway, all insisted that the issue has been put to rest, and they tried to turn attention to other matters.

Business

Officials expand Miami Beach Zika transmission zone

Several countries in East Asia including Thailand, Singapore and Malaysia and in Central and South America are now experiencing active local Zika virus transmission. "We have continued to call on the CDC to quickly respond to these requests, and pregnant women who are most at-risk for the Zika virus deserve to have these requests immediately fulfilled".

Business

Trump says he won't be treated fairly at debate

Muslims, a proposal that's gotten less attention recently amid the lull between attacks in the U.S. On Monday, Trump called for profiling individuals in a manner similar to Israel's approach. Referencing the weekend attack in a Minnesota mall, Trump said: 'The guy in Minnesota is going around screaming his famous words and knifing people and slashing people, viciously slashing people.

Business

Donald Trump references dominate Emmy awards 2016

The pair's rivalry has been a steady source of entertainment since the early days of "Jimmy Kimmel Live", during which he closed the show by jokingly saying, "Apologies to Matt Damon , we ran out of time". The episode was a story about a women's music festival in which, in relation to the show's central character, a trans woman, people were weighing in about whether or not Maura was really a woman.

Business

Samsung phones reportedly catch fire in China

Samsung is also introducing a green battery icon on safe Galaxy Note 7 devices. Following the news that the Galaxy Note 7 is officially being recalled by the U.S. There's no word on when the Samsung Galaxy S8 will be unveiled and there's always the possibility it will still be unveiled at MWC 2017 as this is just a rumour for now.

Business

NYC mayor de Blasio identifies bombing suspect as Ahmad Khan Rahami

NYPD Special Operations tweeted that a "possible secondary device" was found at West 27th Street between Sixth and Seventh avenues. Elizabeth Mayor Chris Bollwage told reporters the bomb squad robot was "cutting into the device when it exploded" in his city.

Business

Local iPhone 7 pre-orders strong: retailer

It showed that the first weekend's results, "shattered all previous iPhone pre-order records at T-Mobile". The premise of Apple's iPhone Upgrade Program is simple: get the new iPhone every year for a monthly fee. Ars Technica: "The iPhone 7 usually outperforms the iPhone 6S by 30 or 40 percent, so that 27 percent clock speed jump is responsible for most but not all of those gains".

Business

Marathon Oil Corporation (NYSE:MRO) Projected EPS At$0.12

MARATHON PETROLEUM CORPORATION (MPC) received consensus recommendation of "Outperform" from Analysts polled at Thomson Reuters . JPMorgan Chase & Co. SM Energy Company (NYSE:SM) shares ended at $34.22 with 3.33 mln shares exchanging hands. Finally, UBS Group AG raised its stake in shares of Murphy Oil Corp.by 116.1% in the first quarter.

Business

Obama to Americas 'Don't Succumb to Fear'

Cloud, Minnesota, which the Islamic State has already claimed credit for. "There is a person of interest, who is the focus of the investigation". Bombs have gone off in New Jersey and NY over the weekend, while other devices were successfully disabled by authorities.

Business

Dollar weakens as investors batten down the hatches ahead of central banks

Conflicting comments from top US Federal Reserve officials over the need for an interest rate hike have fuelled the uncertainty. Analysts said what the BOJ says and does could have ramifications for euro zone bond markets since the European Central Bank is in the midst of its own QE programme and there are concerns its policy options are also narrowing.

Business

Global stocks rally ahead of Fed and Bank of Japan meetings

The dollar maintained gains as trading got under way for the week, with investors digesting stronger-than-expected United States inflation data ahead of a raft of central bank meetings . Markets were shut on Thursday and Friday . Hong Kong and Malaysia were closed on Friday . The twin meetings fall in between national holidays in Japan - Respect for the Aged on Monday and the Autumnal Equinox on Thursday .

Business

Gold up on weaker dollar, focus on central bank decisions

On Wednesday , in the United Kingdom, the Bank of England will release its economic bulletin for the third quarter, giving it view on the current condition of the economy and the effectiveness of monetary policy measures. The US currency fell sharply against the yen, losing 0.50% to ¥101.78, and declined 0.04% against the euro, trading at 0.8957cents. For the first half of the year, the Cabinet office revealed that the growth in the economy came better than expected with an annual growth of ...


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