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South Africa's finance minister is going to be charged with fraud

The governing ANC party urged Gordhan to cooperate with the latest summons and said the lingering investigation was having a detrimental effect on the economy. When the news of the summons was released by chief prosecutor Shaun Abrahams on Tuesday, the rand fell by 3.4% against the dollar and government bond yields jumped.

Business

New Sexual Harassment Allegations Rock Donald Trump's Campaign

Leeds told Cooper that she chose to tell her story after watching Sunday's presidential debate when Trump denied ever having kissed or groped a woman without her consent. Another woman has come forward to say she was sexually assaulted by Republican presidential nominee Donald Trump. "When you looked at that terrible woman last night", Trump said in an apparent reference to her appearance on CNN , "you said, I don't think so, I don't think so".

Business

East Hartford Plane Crash Appears to Be 'Intentional,' NTSB Says

Freitekh, meant to crash the plane. The student got his private pilot certificate from the Federal Aviation Administration past year, according to public records. "So we're very fortunate in that sense", he said. A Pratt & Whitney spokesman said Wednesday that the defense contractor was "assisting authorities as needed".

Business

Not Over Yet: Prosecutor to Probe Christie Over Bridgegate Scandal

In a separate action, Christie also lifted his July executive order shutting down all nonessential transportation projects. The American Petroleum Institute, the nation's largest oil and gas industry lobbying group, now ranks New Jersey 49th in the nation with a combined 14.5-cent per gallon total gas tax.

Business

Atlantic City's Struggling Trump Taj Mahal Officially Closes

He said he couldn't come to an agreement with striking union workers and couldn't keep the flailing casino afloat. I'm very sad that they weren't able to reach a deal. In its last days, the casino was controlled by the financier Carl Icahn. He compared the feeling of employees to a Popeye moment, stating: "That's all I can stands, I can't stands no more'".

Business

Wells Fargo beats Street 3Q forecasts

Bernie Sanders of Vermont on this year's presidential campaign trail. Elizabeth Warren, D-Massachusetts, to call for Wells to be criminally charged for defrauding its customers . In addition to outright sanctions, the states of MA and OR, as well as the city of NY, have said they would press for reforms at the bank, await results of investigations while also reviewing their business relationship with the company.

Business

Oil prices turn south as data trumps rhetoric

Non-OPEC output has helped feed a massive global supply glut that has led to a dramatic fall in oil prices since 2014, severely hurting producers. It was also 390,000 to 890,000 barrels per day higher than the cartel's new supply target. Brent for December settlement dropped 73 cents, or 1.4 percent, to $52.41 a barrel on the London-based ICE Futures Europe exchange on Tuesday. The Bloomberg Dollar Spot Index, a gauge of the greenback against 10 major peers, rose 0.6 percent.

Business

Long Term Growth review of Costco Wholesale Corporation (NASDAQ:COST)

Shares registered one year high at $169.59 and the one year low of $138.20. (NASDAQ:COST) traded down 0.17% during mid-day trading on Monday, reaching $150.02. during the third quarter valued at about $406,000. PineBridge Investments L.P. now owns 1,078 shares of the retailer's stock valued at $169,000 after buying an additional 111 shares in the last quarter.

Business

South Africa is making the worst of a bad job

Pravin Gordhan's latest latest fraud charges could have a major impact on South Africa's exchange rate and subsequently tech purchasers in South Africa. The finance ministry harshly criticized the legal proceeding, saying it will damage "the economic well-being of South Africans and essential processes of government" and that the case is "contaminated by abuse for political ends".

Business

Theresa May's 'Hard Brexit' Signs Come With a Damper

She won't allow lawmakers a vote on when and whether to trigger Article 50 of the Lisbon Treaty, said the official. Former minister Claire Perry said she was "extremely concerned" about the pound's overall poor performance over the past week while Chris Philp asked for as much clarity as possible over likely future trading arrangements.

Business

Samsung losses to exceed $5bn over Note 7 failure

With the dent in revenue, operating profit will be lower by mid-two trillion won in the fourth quarter and about a trillion won in the first three months of 2017, Samsung said. Samsung must now deal with receiving back more than 1.5 million Galaxy Note 7 phones, both the original ones and those issued as replacements. The company said it will expand sales of two other smartphones released in spring - the Galaxy S7 and Galaxy S7 Edge - quashing rumours that it may try to release updated ...

Business

Escaped gorilla incident at London zoo 'concluded'

Staff armed with tranquilisers were patrolling the zoo trying to track down the ape, which reportedly smashed its way out of its enclosure. Kumbuka , the lowland silverback gorilla , has been found after he escaped from his enclosure at London Zoo.

Business

Wells Fargo's earnings fall as bank deals with scandal

However, net income dropped from 4.3 billion U.S. dollars (£3.5 billion) to 3.8 billion USA dollars (£3.1 billion) compared with the third quarter of 2015. While the headline number for Wells Fargo seemed to hold up, the slowing trend for the retail business in the month since the scandal broke may be a worrying sign of things to come.

Business

Ohio to suspend doing business with Wells Fargo

But at Wells' 6,000 US branches, there are signs that customers are backing away, even though the bank says it clamped down on the abuses over a year ago. Wells Fargo , whose shares rose 0.8 percent in premarket trading, said its efficiency ratio, which measures expenses as a percentage of revenue, was 59.4.

Business

U.K. Stocks Rebound From Three-Day Slide as Miners, Tesco Rise

Tesco Ireland said last night the dispute was resolved to its satisfaction . All the while, import prices are increasing at the fastest pace in five years as energy costs rise and sterling's drop makes everything priced in foreign currencies more expensive.

Business

South African economy teeters as finance minister faces indictment

Mr Gordhan's opponents may be gambling that removing him through fraud charges would blunt investor reaction. Responding to questions from the media, he stressed that there was no political interference in the decision to prosecute. South Africa's economy has been struggling with record unemployment, drought and political scandals surrounding Zuma. "We must now trust the courts to determine whether there is any merit to these charges", he said.

Business

Want to see Tom Brady's post-Deflategate homecoming? It's gonna cost you

You may have missed it, since the media failed to cover it enough... OCTOBER FEST: The Patriots are an NFL-best 50-17 in the month of October since the 2000 season. The Patriots need to pass the ball-and do it often. New England struggled defensively in the red zone this year, ranking tied for 30th in the NFL.

Business

Kendall Jenner Testifies She Was Terrified at Stalking Scene

McKenzie was then arrested for misdemeanor stalking and trespassing. "I really don't feel safe in my own house", she said. Reality star/model Kendall Jenner went to court to testify against her stalker and she relived how traumatized she was because of the incident.

Business

NTSB: Damage to New Jersey Train Hampering Investigation

The transit agency said in a filing to federal regulators in June that it has not made any additional progress on installing the system approaching a December 2018 deadline. Bob Menendez, of New Jersey, said at the news conference. Senate President Stephen Sweeney on Friday announced that the Senate Legislative Oversight Committee will hold the first of several hearings on October 21 with Transit officials invited to testify.

Business

Modi says looking forward to meeting world leaders at BRICS Summit

BRICS is an association of five economies which comprise over one third of the world's population. BRICS is an worldwide relations conference attended by the heads of state or heads of government of the five member states Brazil, Russia, India, China and South Africa.

Business

US stocks end moderately lower Thursday

Policymakers have frequently mentioned China over the past 18 months as an excuse for caution. At 9:36 am ET (1336 GMT), the Dow Jones industrial average was down 117.24 points, or 0.65 per cent, at 18,026.96. France's CAC 40 retreated 1.1 percent and Germany's DAX fell 1 percent. The British pound steadied Thursday and was last up 0.1% at $1.2205. Japan's Nikkei Stock Average fell 0.4%.

Business

Clown-craze incident reported in Sudbury, Suffolk

The creepy "killer clown" craze has taken social media by storm - and several sightings have been reported in the region. A film adaption of the Stephen King novel "It" is now being made in Toronto , Canada, but the film's producers have already denied any association with the creepy clown sightings .

Business

LeBron James, Tom Brady walk different paths on `locker room talk'

We don't disrespect women in no shape or fashion in the locker room. I am not proud of it. I apologize to my family. The reason I asked is that different people hear different things in Donald Trump's tape. The clip above shows Trump bragging about grabbing a woman "by the p-sy" as Bush giggles in delight. Two star athletes in their respective sports.

Business

Sterling Firms On Calm Over Brexit

Sterling initially rallied after prime minister Theresa May agreed to debate the triggering of Article 50, which begins the official Brexit process, in parliament. Any scrutiny must "not undermine the negotiating position of the Government as negotiations are entered into which will take place after Article 50 has been triggered".

Business

Notable Analysts Ratings: Seadrill Limited (NYSE:SDRL)

Beta for Verizon Communications Inc. stands at 0.35 while its ATR (average true range) is 0.71. While looking at the Stock's Performance, SeaDrill Limited now shows a Weekly Performance of 2.63%, where Monthly Performance is 16.67%, Quarterly performance is -13.33%, 6 Months performance is -30% and yearly performance percentage is -61.6%.

Business

United Kingdom must not abandon climate change fight after Brexit, Government experts say

The UK's Committee on Climate Change said Friday that the country needs "concrete action" if it is to meet its Paris Agreement commitments, and that the Brexit vote does not mitigate the need for immediate action. First, the Committee explains that policies to improve energy efficiency are needed to achieve more emissions reductions. "We are calling for strong representation of the building sector within the government's upcoming Emissions Reduction Plan and Industrial Strategy".

Business

Wagner calls for Clinton aide to step down over comments about Catholics

The leaks are enough to create a constant trickle of embarrassment for Clinton and give her Republican rival Donald Trump something to chew on. Thursday, there is growing evidence that Russian Federation is using WikiLeaks as a delivery vehicle for hacked e-mails and other information, USA officials with knowledge of the investigation tell CNN.

Business

Former Wells Fargo employee tells of pressure he felt over sales quotas

Stumpf will be replaced by Timothy Sloan, who has worked at Wells Fargo for 29 years - and never served in the troubled community banking branch. The bank is splitting the role of chairman and CEO with Stephen Sanger, its lead director, becoming chairman.

Business

Prince Tribute Concert Features Stevie Wonder, Chaka Khan And Jessie J

The duo then performed the late singer's hit 1999, getting the sold-out audience partying like it was, well... "There'll always be somebody that says, 'Ooh, that sounds real Prince-like, you know what I'm saying?" Singers John Mayer and Anita Barker were the other two no-shows.

Business

Trending Stocks: Integer Holdings Corporation (NYSE:ITGR), Ford Motor Company (NYSE:F)

Performance year to date of -3.34% and sales growth for the past five years is 2.40%. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Ford Motor in a research note on Monday, September 12th. The stock's market capitalization has now valued at $47.32B. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website .

Business

Donald Trump's Leaked Comments Are The Perfect Illustration Of Rape Culture

In the audio, Trump discusses his attempts to "try and f***" a married woman and ultimately failing after moving on her "very heavily". And I was embarrassed by it. She was resorting to the same argument her candidate had used in the debate the night before: this can all be chalked up to "locker room talk'". Gentlemen, the next time you find yourself in a locker room filled with this sort of "chatter", do not feel the need to participate.

Business

Initial charges filed in deadly crash

Vermont is a community, and today we join the Harwood Union family, and share the sadness and loss of the families and friends of these teens. About 1,000 people gathered at the high school Monday night for a candlelight vigil to honor them.

Business

Shares of Cypress Semiconductor Corp. (CY) Stock are sold by Trent Thad

Cypress Semiconductor Corp . has a 12 month low of $6.30 and a 12 month high of $12.48. Cypress Semiconductor Corporation (NASDAQ:CY), from Technology sector has been doing well recently. Lombard Odier Asset Management USA Corp bought a new stake in shares of Cypress Semiconductor Corp . during the second quarter worth approximately $106,000.

Business

Drug Manufacturers - Major: AbbVie Inc. (NYSE:ABBV) Position of the day

Finally, Capital Asset Advisory Services LLC raised its position in shares of AbbVie by 1.9% in the second quarter. In the last month the stock has moved in price -3.36 per cent, with a one year change of 17.09%. Investors of record on Friday, October 14th will be issued a $0.57 dividend. (NBIX) reported that new data from two replicate Phase 3 studies evaluating the efficacy and safety of Elagolix, an examinational, orally administered gonadotropin-releasing hormone (GnRH) antagonist, in ...

Business

ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) Vs. Industry Vs. Sector Growth Analysis

Credit Suisse Group AG reissued a "buy" rating on shares of Intercept Pharmaceuticals in a research report on Thursday, September 22nd. More recent Supernus Pharmaceuticals Inc (NASDAQ:SUPN) news were published by: Investorplace.com which released: "Supernus Pharmaceuticals Inc (SUPN) Stock Dips Despite Positive ADHD Data" on October 11, 2016.


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