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Business

The big problem parents should know about before updating to iOS 10

This includes Apple-developed machine-learning technology, which has also been incorporated into Siri. Firstly, this makes enable to the iPhone user a download of the apps with latest versions. This might not be the kind of thing that you'd want to try out straight away. Currently CarPlay is available on more than 100 automobile models, with more on the way.

Business

Mylan CEO Claims EpiPens Aren't As Profitable As Everyone Thinks

Bresch was testifying about the $600 price tag for a two-pack of EpiPen , which has become the latest high-profile example of rising drug costs. Bresch said the company sold approximately four million two-packs in the last 12 months. "This is simply not true", Ms. Bresch says. Rep. Elijah Cummings (D-Maryland) told Bresch not to be like other drug company executives who have appeared before Congress.

Business

Fed keeps key rate unchanged but hints of coming hike

Most Fed members anticipate one rate hike before the end of the year. The FOMC's next two-day policy meeting is set for November 1-2. The Fed decision came hours after the Bank of Japan said it wasn't taking any new steps to bolster growth but was going to continue to try to stimulate its economy until it reaches an inflation target of two per cent a year.

Business

Corn Harvest in Illinois Slightly Behind Average

Fifty-six percent of the soybean crop was dropping leaves or beyond, 2 days ahead of average. While moderate temperatures were beneficial for livestock conditions, heavy rains were causing muddy feedlots. As Reuters explained in an article here , this is "down from the five-year average of 12 percent for this time of year and 11 percent expected by the trade".

Business

Seluk: Guardiola did not respect City

Manchester City star Yaya Toure has retired from worldwide football after an illustrious 14-year playing career for the Ivory Coast. I live in Europe so I can say whatever I like and Guardiola can't stop me. Will he apologise to Joe Hart or Manuel Pellegrini? "They have both been big personalities in the dressing room at City and Guardiola doesn't like that".

Business

FBI searching for 2 men related to NY bombing investigation

The FBI is asking for the public's assistance in locating these two unknown individuals. The criminal complaint alleges that Rahami left copious fingerprints on one of two bombs in Manhattan, on 27th Street, as well as on materials in the backpack containing the Elizabeth bombs.

Business

Flipkart user base crosses 100 million

India's largest online marketplace Flipkart said that it has crossed 100 million registered users on the platform, coming close on the heels of crossing 75 million users in March 2016. This development comes at a time when Amazon and Snapdeal are gearing up to combat Flipkart in the upcoming festive season. Binny Bansal , CEO & Co-Founder of Flipkart, said, "We would like to thank our entire family of 100 million customers who have been a part of this wonderful journey".

Business

U.S. sets guidelines for driverless cars

As the federal government and the city of Boston move toward self-driving cars, one of the state's top transportation policymakers believes state laws should change to accommodate the new technology before it is deployed in MA. Tim Day, the senior vice president at the Chamber's Technology Engagement Center, said in an email statement that the plan "will help ensure consistent safety standards among autonomous vehicles, allow for better public-private sector information sharing regarding the ...

Business

Oil up 2% after third surprise weekly US crude draw

Russian President Vladimir Putin on Wednesday ordered the start of production at a new oilfield that would add about 12,000 barrels per day in output, after daily oil production reportedly hit record highs of 11.75 million barrels. The Dow Jones industrial average was up 81.02 points, or 0.45 per cent, at 18,210.98, the S&P 500 was up 7.75 points, or 0.36 per cent, at 2,147.51 and the Nasdaq composite was up 21.90 points, or 0.42 per cent, at 5,263.25.

Business

Pro-painkiller echo chamber shaped policy amid drug epidemic

For more than a decade, members of a little-known group called the Pain Care Forum have blanketed Washington with messages about prescription painkillers' vital role in the lives of millions of Americans, creating an echo chamber that has quietly derailed efforts to curb US consumption of drugs like OxyContin, Vicodin and Percocet.

Business

Fire at Puerto Rican Power Plant Leaves Most of Island Without Electricity

He did not directly answer a question about whether the power company has any kind of backup should another similar situation occur, or if the island was hit by a major hurricane. The agency's Twitter page posted images of a fire at a plant in Central Aguirre that they say has now been put out. In some areas, the power cut has caused water to be shut off as well.

Business

Goldman Sachs: Likelihood of Sept Fed rate hike down to 25 pct

Hong Kong's Hang Seng inched up almost 0.2 percent to 23,254.03. Brainard said in her speech that experiences of economies such as that of Japan "highlight the risk of becoming trapped in a low-growth, low-inflation, low-inflation-expectations environment and suggest that policy should be oriented toward minimizing the risk of the USA economy slipping into such a situation".

Business

Peaceful protest in Evansville for Native Americans against multi-state Pipeline project

Owned by Dallas-based Energy Transfer Partners, the $3.8 billion, 1,172-mile project would carry almost a half-million barrels of crude oil daily from North Dakota's oil fields through South Dakota and Iowa to an existing pipeline in Patoka, Illinois, where shippers can access Midwest and Gulf Coast markets.

Business

FDA grants accelerated approval to Exondys 51 for Duchenne muscular dystrophy

Duchenne is the most common form of muscular dystrophy . Although Duchenne muscular dystrophy primarily affects boys, it can in rare cases also affect girls. The decision pitted the passionate testimony of patients and families against an FDA advisory committee that wasn't convinced the drug worked. Woodcock acknowledged the concerns in a statement , emphasizing that the drug would still have to undergo more trials to prove its efficacy.

Business

Japan tweaks policy, but keeps minus interest rate unchanged

The Securities and Exchange Commission said hedge fund manager Leon Cooperman and Omega Advisors illegally traded on insider information by buying shares of a natural gas company before it sold a natural gas facility, which sent its stock soaring.

Business

US Orders Deutsche Bank to Pay $14bn in Settlement of Mortgage Probe

And US shares of Deutsche Bank plunged 9.2 percent, while large US banks also saw their share price hit, with Dow members Goldman Sachs and Citigroup losing almost 1.0 percent. It described the DOJ's proposal as the start of "negotiations". In late 2013, Deutsche Bank agreed to pay $1.9 billion to settle claims that it defrauded USA government-controlled Fannie Mae and Freddie Mac, America's biggest providers of housing finance, into buying $14.2 billion in mortgage-backed securities ...

Business

Yen falls on negative rate report

On Wall Street, stocks rose and provided some support to MSCI (Frankfurt: 3HM.F - news ) 's world stocks index, which tracks shares in 45 nations. Japan's Nikkei slid more than 1 per cent to a three-week low. Despite the BOJ's efforts under Governor Haruhiko Kuroda , who took the post in 2013, few Japanese companies see the central bank's aggressive monetary stimulus achieving its stated goal of spurring 2 percent inflation, a separate Reuters' survey found.

Business

Smith: 'Jay Cutler is The Worst QB in The League'

But again, it was a football game and we came out with a win". He's the first rookie quarterback to start and win the first two games of the season without making a turnover. Cutler said the interception made him aware that he was not physically able to finish the game. Head coach John Fox stated that Cutler's status is day-to-day, and that the 11-year veteran shouldn't be ruled out for the Week 3 matchup against the Dallas Cowboys as for now.

Business

Hillary Speaks 'Directly To White People' For Latest Cop Shooting

Clinton argued - on Steve Harvey's radio show - that police shooting unarmed black men is an epidemic, and wanted to let white people know "this is not who we are". Crutcher was unarmed, and videos of the incident shows Crutcher standing next to his vehicle and falling to the ground after an officer shot him. It was a sudden departure from Trump's forceful support for police officers amid an intense national debate over discriminatory policing.

Business

Warren says Wells Fargo execs should be criminally investigated

Read our story from the time, or see how the scandal affects customers. "You haven't returned a single nickel of your personal earnings, you haven't fired a single senior executive, instead, evidently, your definition of "accountable" is to push the blame to your low-level employees who don't have the money for a fancy PR firm to defend themselves".

Business

Senator says Wells Fargo should use clawback

He invoked the company's board, over and over. Warren and other Senate committee members, both Republican and Democrat, took turns lambasting Stumpf. "I am deeply sorry that we have not lived up to our values in this way". Committee Chairman Sen. Richard Shelby, R-Ala., said as the hearing began that there are many unanswered questions, including when the misconduct started, how much top executives knew about it and why did federal regulators wait until this year to crack down.

Business

Hershey Named to Dow Jones Sustainability World Index for Fourth Consecutive Year

UnitedHealth Group now has been included in the DJSI for 18 consecutive years, since the indices were established in 1999. The DJSI global indices track the financial performances of sustainability-driven companies worldwide, used by funds as a gauge for making prudent long-run investment decisions.

Business

Australia's top stock exchange is having an very bad Monday

The market opened more than 90 minutes late due to a fault that affected the management of individual shares. Australia's main stock exchange said it would inform the market later about the process for determining closing prices and the status of orders.

Business

British PM Theresa May dismisses Brexit veto threat

Still, May and her ministers admit they need to reassure investors from the United States, Japan, China and India that the United Kingdom and London, the only financial capital to rival NY, are still good places to make money. "Unless we feel a guarantee that these people [living and working in Britain] are equal, we will veto any agreement between the European Union and Britain.

Business

Samsung Galaxy Note 7 Replacement Program Hits Australia Tomorrow

So to make it easy, Samsung's new site lets users punch in their devices IMEI number to see if their Galaxy Note 7 is one of the lucky models to have a defective battery. A separate software update will be issued to replacement Note7 devices to change the battery icon to green, indicating its battery is safe to use. The local branch of the Korean smartphone giant said it received over 4,000 replacement reservations in the first two hours after the online replacement system was open at ...

Business

Oil prices rally on inventory data

The Canadian government bonds gained Tuesday as crude oil prices declined ahead of American Petroleum Institute (API) weekly crude stocks data and on Venezuelan remarks that the crude oil market remained oversupplied. Late on Monday, Venezuelan President Nicolas Maduro said that OPEC and non-OPEC countries had nearly reached a deal to stabilize oil markets and prices, adding that he expected the deal to be announced before the end of the month.

Business

World stocks gain, dollar falls after BOJ; eyes on Fed

The MSCI Asia Pacific Index climbed 1.4 per cent to 140.65 as of 4:01 p.m.in Hong Kong , taking its rally since September 15 to 3 per cent. Japan's Topix index jumped 2.7 per cent to the highest close since June 1 as the yen weakened 0.1 per cent to 101.78 a USA dollar.

Business

Dollar tumbles against the yen ahead of Fed's rate decision

It was widely expected to hike rates several more times this year, has held off as the US economy sputtered, hobbled by weak global growth and a strong dollar that makes American goods pricier in foreign markets. The evolution of U.S. economic data over the past several months has, in investors' minds, reduced the potential for substantially higher interest rates in the long-run.

Business

IPhone 7 and iPhone 7 Plus launch at T-Mobile today

It's perhaps not surprising. Phil Schiller, Apple's senior vice president of worldwide marketing, talks about the features on the new iPhone 7 earphone options during an event to announce new products Wednesday, Sept. Others have seen the humorous side to the situation: "The irony of listening to Stevie Wonders "signed, sealed, delivered" whilst on hold waiting to speak to @O2 about my Iphone order delay".

Business

Samsung is Begging Note 7 Owners to Return Their Phones

Samsung is strongly encouraging users who own phones with affected batteries to exchange them for new devices. Verizon has announced preorders for new models of the Galaxy Note 7 are now available. Samsung has also implemented a software update for older handsets still in circulation, which will cap the Galaxy Note 7 charging ability at 60 percent.

Business

Looking at Options to Drive QE Forward — ECB's Draghi

Britain's banks rose, however, with Royal Bank of Scotland and Barclays up 3 percent and 1.7 percent respectively, with analysts saying that Draghi's lack of an indication for any further rate cuts had been taken as a positive by investors.

Business

Wall Street higher as tech, energy gain; Fed in focus

FED TO FOLLOW: Investors doubt the Fed will raise interest rates when it wraps up its policy meeting on Wednesday, but are watching closely for hints about future moves. In their forecasts, central bankers' median projection for the jobless rate this year rose slightly to 4.8%, versus 4.7% in June. Those steps could have weakened the yen.

Business

General Electric Company's (GE)

Deere & Company (NYSE:DE) now has mean rating of 3.0 while 0 analyst have recommended the shares as "BUY", 0 commented as "OUTPERFORM" and 0 commented as "HOLD". During the same quarter in the prior year, the firm earned $0.31 EPS. Looking forward, analysts on average predict that earnings for the current quarter would come in between $0.84 and $0.97.

Business

ICICI Pru IPO closes on high note; oversubscribed 10.5 times

The shares were offloaded for around Rs 1,950 crore, valuing the insurer at Rs 32,500 crore. Britain's Prudential Plc, which owns almost 26 per cent in ICICI Pru Life, is not selling shares in the IPO. While India remains an underpenetrated insurance market offering huge room for companies like ICICI Prudential to grow, many brokerages said the valuation of the issue appear to be stretched as it leaves little for investors.

Business

The elevating demand and decreasing availability of Apple iPhone 7 in Stores

Although, those that had ordered an iPhone 7 Plus and jet black iPhone 7 may experience a delay. That means that it might be kind of tough to come by the model that you want today. They'll be available at Apple stores, carriers and retail partners. Phil Schiller, Apple's senior vice president of worldwide marketing, talks about the features on the new iPhone 7 earphone options during an event to announce new products Wednesday, Sept.


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