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Twitter Said to Work With Goldman Amid Informal Sale Talks

One source said buyout talks were "picking up momentum" and a deal could be announced before the end of the year. Twitter shares have surged by a fifth after reports that it was the target of a possible takeover. Twitter's monthly active user count of 320 million puts it in the same neighborhood as Google + (300 million) and far from Facebook's offerings of Instagram (400 million) and Facebook (1.59 billion).

Business

Potential for higher United States rates may curb Gold's rally

Your current subscription does not provide access to this content. MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.15 percent, driven by gains in Australia, and within sight of its highest levels since July 2015 that it hit in early September.

Business

Deutsche Bank stocks dip after rejecting $14B U.S. deal

While it is yet to become clear what the final payment will be, if it were to be as high as US$14 billion, this would be a severe strain for Deutsche's fragile finances and would likely further rock investor confidence in the bank. Deutsche Bank has remained under the harsh spotlight for its internal controls failure for a bigger part of this year. A $14 billion fine, or even half that sum, would still rank among one of the largest paid by banks to United States authorities in recent years.

Business

Dollar Drop as Fed Stays on Hold Spurs High-Yielding Currencies

Nearly all economists surveyed by Bloomberg News expected the central bank to hold off on raising rates. Analysts think that the Fed will hike rates by a quarter-point at its last meeting in December. And it lowered its expectation for the long-range level of its key policy rate to 2.9 percent, down from 3 percent in June and 3.5 percent before then.

Business

Syrian air strikes kill at least 90

Selmo said the toll was more than 100. "Even between our neighborhoods, the roads are full of rubble and destruction". Since Sept. 19, when the Syrian regime declared the end of a week-long cease-fire, at least 359 civilians have been killed and 1,407 injured by the Assad regime and Russian airstrikes on Aleppo , according to civil defense officials and medical sources in the city.

Business

USA presidential debate to start on Monday

The second Presidential Debate will be at Washington University in St. Louis, Missouri on October 9. She called for the moderator of the first debate to pose a question directly to Trump about business connections to Russian Federation. He also needs to reassure Republicans that although he is in many ways an outsider, he would serve as a Republican president. Among the most prominent of the signers was Ryan Crocker, former United States ambassador to Syria, to Iraq during the USA military ...

Business

Chemicals giants agree £50bn takeover deal

That was turned down by Monsanto, which deemed the price inadequate. According to Reuters , this is the largest all-cash takeover deal ever recorded. "Family farmers, ranchers and consumers are the ones that lose out when we cripple competition, increase prices, and reduce innovation through industry megadeals".

Business

Replacements Available for Recalled Samsung Note 7

Samsung said in a statement on Tuesday that it had shipped more than 500,000 new Note 7s to us carriers and retailers and that affected users will be able to exchange their recalled phones starting by Wednesday at the latest. Reuters reported that the Korean Agency for Technology and Standards issued a statement for approving the recall plan and mentioned that the new batteries are safe to use.

Business

Israeli leader set to meet Clinton and Trump

Clinton and Trump face off in their first debate Monday at Hofstra University, outside New York City. Afterwards, Prime Minister Netanyahu and his wife, along with Israeli Ambassador to the UN Danny Danon, attended a unique event at UN headquarters with dozens of African leaders under the heading "Israeli Technology and Innovation for Africa".

Business

USA refuses to throw in towel on Syria ceasefire

Under the deal, the United States and Russian Federation were to begin coordinating militarily to target terrorists in Syria if the ceasefire held for seven days and humanitarian aid was delivered to Aleppo and other besieged areas. "We are prepared to extend the cessation of hostilities, while working to strengthen it and expand deliveries of assistance", Kirby's statement said.

Business

Fed signals December hike

Exclusive discounts on ALM and ThinkAdvisor events. Federal Reserve policymakers held off on an interest rate increase Wednesday with a rare level of dissent amid some lackluster economic data but signaled a rate hike is coming before the end of the year.

Business

Gold heads for best week in two months as Fed fears fade

Gold is highly sensitive to rising USA interest rates, as these increase the opportunity cost of holding non-yielding bullion, while boosting the dollar, in which it is priced. Mixed economic data also helped underpin the stock market. Heating oil rose 2.5 cents to $1.45 a gallon, wholesale gasoline rose less than 1 cent to $1.40 a gallon and natural gas fell 7 cents to $2.99 per 1,000 cubic feet.

Business

Croome: Aggies flip the script, beat Arkansas with ground game

That's what happens when you roll up 382 yards of offense and score four touchdowns. Knight threw for 225 yards on 12-for-22 passing and two touchdowns Saturday. Although they'll need to rediscover their mojo a bit after failing to contain the Aggies, the Hogs will host Alcorn State in a game that should allow for prosperity on both sides of the ball.

Business

United States holds rates, December hike likely

The yield on the U.S. Treasury 10-year note fell to 1.63 percent from 1.67 percent the day before. Winer said he remains concerned how much more stocks can increase in the short-term, with the US presidential election coming and third-quarter company earnings reports around the corner.

Business

State research institute leader faces NY charges

In exchange, Howe and Alain Kaloyeros, president of the SUNY Polytechnic Institute, allegedly rigged the bidding on hundreds of millions of dollars in contracts awarded as part of the Buffalo Billion initiative to revitalize western ny. Some of those contracts were administered through SUNY Polytechnic Institute, where Percoco worked as a consultant. Louis Ciminelli, Kevin Schuler and Michael Laipple were arrested at their homes Thursday morning and appeared in U.S.

Business

USA stocks gain as Fed keeps rates unchanged

She said that Fed chairwoman Janet Yellen has always been fairly transparent about the fact that she is in no rush to raise rates, and such a move will be completely dependent on economic indicators. Silver fell 0.6 percent to $19.72. The low rates seen for most of this year have been no help for banks. That, in turn, can erode profits. The Fed's decision to keep rates low also caused bond prices to rise and the USA dollar to fall against other major currencies, which in turn helped boost ...

Business

United States close: Stocks end higher as traders continue to mull Fed

In New York, the Dow Jones industrial average climbed 98.76 points at 18,392.46, while the broader S&P 500 index added 14.06 points at 2,177.18. Stocks are opening higher on Wall Street as energy stocks rise along with the price of crude oil.

Business

Potential for higher USA rates may curb Gold's rally

The BOJ had said on Wednesday it would seek to guide the 10-year JGB yield around zero per cent in an unprecedented move, but investors were left wondering exactly where and how the BOJ would be able to exert control on the bond yield. Says Tony Bedikian, head of global markets at Citizens Bank: "It puts December more so on the table, but the data needs to be supportive". GLOBAL OUTLOOK: Markets rallied earlier this week after the Fed and the Bank of Japan both chose to keep key interest ...

Business

Wall St rally continues after Fed rate decision

Federal Reserve kept interest rates as they were. At the same time, policymakers cut the number of rate increases they expect this year to one from two previously, according to the median projection of forecasts released with the statement .

Business

Hillary Clinton's Latest Proposal? A 65 Percent Estate Tax Rate

Clinton, who previously said she would hike up the rate to 45 percent (from the current 40 percent) for America's wealthiest, now calls for a progressive tax with three new tax brackets-a 50 percent rate that would apply to individuals with estates worth over $10 million, a 55 percent rate for those with estates valued at $50 million or more and a 65 percent top rate for property valued at more than $500 million for a single individual or $1 billion for a couple.

Business

Merkel's party hit by anti-migrant anger in Berlin poll

Protesters met Merkel with boos as she gave her speech last week. "If one of the reasons for the CDU's poor showing is that the direction, goal and conviction behind our refugee policy haven't been explained well enough, I'll endeavor to rectify that", she said.

Business

Kevin Garnett to retire after 21 National Basketball Association seasons

The team will waive the franchise icon, which will allow him to collect his entire $8 million salary for next season. Garnett came to us as a fresh-faced 19-year-old kid and leaves as a highly decorated 40-year-old National Basketball Association veteran.

Business

Neil Young Joins Dakota Pipeline Protest With New Video

The event is an opportunity to shed light on the dangers of oil pipelines and other means of transporting fossil fuels, according to a press release. PAUSE members said the protest in North Dakota resonates with them due to their concerns about trains carrying oil through the Capital Region.

Business

Manchester City's Sergio Aguero can play better - Pep Guardiola

De Bruyne should have restored City's lead with a third goal in as many league matches, but dragged wide when a clever flick from Sterling and Ilkay Gundogan's first-time pass sent him clear of the Swansea defence. "The way he reacted, it looked like muscular, but I am not a doctor, fortunately". "In the second half, we played really, really good", the Spaniard said.

Business

United Nations says 2 million people in Aleppo are without running water

Air raids are worse than before the ceasefire went into effect, the opposition says. The Syrian army says it is targeting rebel positions, and denies hitting civilians. backs the opposition. The US military did not dispute the strike, but characterized it as "unintentional" and relayed its "regret" to Syria through Russian Federation.

Business

Asian stocks hold near 14-month peak on US Fed relief

All 11 major S&P sectors closed in positive territory, led by a 1.9-percent gain for the real estate sector. It also projected a less aggressive rise in rates next year and in 2018, and cut its longer-run interest rate forecast to 2.9 per cent from 3.0 per cent.

Business

Jeremy Corbyn re-elected Labour leader in landslide win

Rejecting accusation he was more interested in strengthening the left's hold on Labour than winning power, Mr Corbyn insisted the enthusiasm which drove his second leadership campaign would boost the party's hopes in the General Election scheduled for 2020.

Business

White House to release policy encouraging safe introduction of automated vehicles

A model state policy that covers licensing of drivers who operate autonomous vehicles, registration of driverless cars, liability and insurance. During the joint appearance in Washington , the Department of Transportation released a 15-point safety standard for the design and development of autonomous vehicles.

Business

US Sets Unprecedented Guidelines For Self-Driving Cars: Safety First

However, the Department of Transportation said Tuesday that it strongly encourages states to allow the federal government alone to regulate the performance of autonomous technology and vehicles. -based Alliance of Automobile Manufacturers. In August, Uber began offering a self-driving auto service in Pittsburgh. The new policy recommends automakers conduct a voluntary 15-point safety self-assessment for autonomous cars to "certify that their vehicles are ready for public roads".

Business

NY police name Chelsea bombing suspect as Ahmad Rahami

Additionally, according to Mayor J. Christian Bollwage , up to five devices were discovered inside a backpack in Elizabeth , a city near Newark International Airport. The Rahami family lives in the apartment. New York City Mayor Bill de Blasio noted during a Monday news conference that authorities weren't now searching for any other suspects.

Business

Mylan: CEO Profits Heavily from Increased EpiPen Prices

Heather Bresch tried to defend her company by saying Mylan didn't profit much from sales of the device - it makes about $50 per pen after costs and fees are deducted. "If it was not for an EpiPen, I would have died at a young age", said junior marketing major Lacey Alleruzzo, adding that her allergy to bees relies on the use of an EpiPen.

Business

Russian Federation vs. Canada Score and Reaction

But in the third period, Canada skated out and decided - to paraphrase another great Russian athlete -'We Must Break You'. Well, at least for those willing to connect the dots between the two. At the same time, it was a good learning experience. Crosby opened the scoring at 7:40 into the game on a spectacular sequence, showing he has plenty of energy despite having a brief summer between winning the Stanley Cup and competing in the World Cup.

Business

Wall St rally continues after Fed rate decision (Update 1)

Phone companies, another group of high dividend payers, also climbed. Facebook shares fell $1.98, or 1.5 percent, to $128.13 after The Wall Street Journal reported that Facebook was overstating the length of how long its users were watching its video ads, raising concerns that a portion of Facebook's ad revenue may be at risk.

Business

Charlotte mayor asks 2016 hopefuls to delay visits

Clinton's "occasional missteps" have distorted perceptions of her character and her status as "one of the most tenacious politicians of her generation", the newspaper said of the former US senator from NY and first lady. "We have made a decision to postpone Sunday's trip as not to impact the City's resources", communications director Jennifer Palmieri wrote in the statement.

Business

Mylan CEO Faces Congressional Panel Over EpiPen Cost

Rep. Jimmy Duncan, R-Tenn., said, "No one can really deserve 18 million dollars a year". "The greed is astounding". Her defense of Mylan's pricing unleashed a barrage of comments from lawmakers, including one who said, "We don't believe you".


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