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Business

Russians blamed for Democrat cyber attack

A US official familiar with the investigation said no evidence has been found so far that indicates the hackers got into Clinton's personal server or any classified systems, but their footprints suggest they "paid special attention to accounts they thought might lead them to information of national security interest".

Business

Derwent London Plc's (DLN) "Hold" Rating Reaffirmed at Jefferies Group

The shares were sold at an average price of GBX 3,308 ($43.68), for a total transaction of £1,488,600 ($1,965,667.50). Finally, Credit Suisse Group AG upped their price target on shares of Derwent London Plc from GBX 3,010 ($39.75) to GBX 3,195 ($42.19) and gave the company an "underperform" rating in a research report on Friday, June 17th.

Business

Manuel becomes 1st African American woman to win swim gold

Incoming freshman Katie Ledecky will compete in the 800-meter freestyle and Maya DiRado (class of 2014) swims in the 200-meter backstroke finals on Friday night, while diving also starts Friday for Kassidy Cook. Bronte trailed her by a quarter of a second. "I mean, it's definitely been a journey these past four years". "Just in terms of sharing that with Penny, she's an awesome girl.

Business

Apprenticeship Levy (August 2016) - The Levy will go ahead in April 2017

Calls to delay its implementation had intensified after the European Union referendum, with business and manufacturing lobbies asking for more time to assess the impact of Brexit on their operations and how the levy will affect them. A new online calculator will be set up to help businesses work out their costs and obligations. A new register of training providers will be introduced from April 2017.

Business

Delta cancels more flights as chaos continues after power outage

Last month, Southwest Airlines issued formal apologies and a host of rebates to passengers affected by 2,300 cancellations and 8,000 delayed flights when its computer systems, already taxed by an airline merger in 2010, collapsed. By early afternoon Tuesday, Delta had canceled 530 flights and delayed 1,200 flights Tuesday, the Associated Press reported. The utility company that delivers electricity to Delta disputed the airline's explanation.

Business

Daredevil jumps 7 620m without a parachute

Deliberately jumping out of a plane without a parachute over the desert sounds like the setup for an old Road Runner cartoon. According to the New York Times , at around18,000 feet, Aikins "removed his oxygen mask and passed it to one of the three parachuted assistants diving with him".

Business

Oil rises 3% as Saudi mulls meeting, IEA sees market tighten

Here & Now's Jeremy Hobson speaks with business journalist Ali Velshi about the ramifications, and about what Turkey's renewed relations with Russian Federation mean for oil markets. But next year, the IEA said, output from producers that are not part of the Organization of the Petroleum Exporting Countries will rebound by 0.3 million bpd - an upward revision of 0.2 million bpd from last month´s report.

Business

Why The Global Crude Oil Glut May Be Ending05:36

The largest crude export destination in the first five months of 2016 has been Curacao, an island nation just north of Venezuela where Petroleos de Venezuela, the state-owned oil company of Venezuela, operates a 330,000 barrel per day refinery, according to the EIA .

Business

US producer prices slid 0.4 percent in July

Prices of fuel imports fell 2.5% for the month with a 22.3% annual decline, while non-fuel prices rose 0.3% for the month with an annual decline of 1.2%. Still, import prices still remain down 3.7% year-over-year and have not recorded a yearly month-over-month advance in two years, the bureau said. U.S.

Business

U.S. Dividend Stock: American Eagle Outfitters, Inc. (NYSE:AEO)

And roundups of analyst notes show that 6 are rating the stock a buy while 5 rate AEO a strong buy. Analyst expected twelve month price target of $41.25. American Eagle Outfitters , Inc. has a 50 day moving average of 16.89 and a 200 day moving average of 15.62. The Company operates under the American Eagle Outfitters and aerie by American Eagle Outfitters brands.

Business

RBI's monetary policy review keeps rates unchanged: Key points

He said, however, that he was never anxious about reappointment or a future career in government and did the best in the interest of the country and that he was a "best team player". The experience of other countries, like Malaysia, has been that the inflationary impact was short-lived. While it is still too premature to estimate the pressure on inflation on account of the implementation of GST as the rates are yet to be fixed, RBI believes such inflation would be short lived.

Business

Carmelo Anthony Passes Michael Jordan on USA Olympic Scoring List

While they still won in the end, the US should rightly expect to blow out just about everyone they play. The baller is a two-time gold medalist as part of Team USA basketball, bringing those medals home in 2008 and 2012. The Australians led by five at half, and still clung to a 2-point lead early in the fourth quarter before Anthony and Kyrie Irving combined to turn the tide.

Business

Construction industry stumbles but don't blame Brexit yet

United Kingdom construction output fell by 0.9 percent in June, partly because of the sector going into a "holding pattern" in the run up to the Brexit referendum. It said: "There is very little anecdotal evidence at present to suggest that the referendum has had an impact on output". Outside of the United Kingdom, investor confidence in European shares also showed improvement, though sentiment is still modestly negative.

Business

Delta Air Lines Still Recovering From Power Outage

Morrow said the conditions of carriage are posted on Delta's website and are incorporated into every ticket the airlines sells. For passengers who plan to fly after a deadline of August 21, Delta says, " a difference in fare may apply. A computer outage Monday morning grounded planes around the world, stranding thousands of summertime travelers left in limbo as Delta struggled to sort out the mess, its reputation as an on-time airline severely tarnished.

Business

Stocks Stay Range-Bound Again as Disney Reports, Crude Fluctuates

A strong jobs report last Friday boosted investors' confidence in the us economy. This is bullish for the oil market. "Crude oil output increased mostly from Iraq, while production in Nigeria showed the largest drop". MALL WOES: Some of the nation's biggest mall and shopping center owners were trading lower. The Dow dipped 37.39 points or 0.2 percent to 18,495.66, the Nasdaq fell 20.90 points or 0.4 percent to 5,204.58, and the S&P 500 slid 6.25 points or 0.3 percent to 2,175.49.

Business

Macy's closing 100 stores by early 2017

The locations of the 100 stores to be closed will be announced at a later date, once the company makes final decisions, the company said in a statement. While most of the closing stores are unproductive or in less-desirable locations, a handful will be shut down because they could be more valuable if redeveloped other than as a retail store, Hoguet said.

Business

JC Penney Company Inc Announces Second Quarter 2016 Financial Results

ELLISON MARVIN R is one of the largest insider shareholders in J C Penney Company Inc (NYSE:JCP), according to U.S. Securities and Exchange Commission (SEC) filings. It closed at $9.94, notching a gain of 8.63% for the day. The Market Capitalization of the company stands at 3.08 Billion. J.C. Penney Co. has a 12-month low of $6.00 and a 12-month high of $11.99.

Business

McDonald's Under Pressure Over Antibiotics Use

Use of antibiotic in the livestock lead to increase in the drug-resistant "superbug" infections that has left everyone concerned about their resistance against treatment available. Brands, has faced renewed pressure from campaigners and investors to stop using chicken routinely treated with antibiotics. ShareAction said that more than 70% of all antibiotics used in the U.S.

Business

Disgraced Ex-Congressman Sat Behind Donald Trump At A Florida Rally

There was disgraced former congressman Mark Foley , sitting right behind him. "[T] he people behind me, they're all on television", Trump told the crowd at BB&T Center. Lauderdale, Fla., drew his own scrutiny over a recognizable figure who was seated behind him: former congressman Mark Foley , who resigned in 2006 after reports that he had sent sexually explicit Internet messages to at least one male underage former page.

Business

Phelps continues to win Gold at Rio Olympics

I don't know. Something happened. I got tight. It wasn't there. But that doesn't mean I'm anywhere close to being done with this sport or that I don't have anything left to give. He is expected to swim next in the men's 100 butterfly final Friday night, and then the medley relay Saturday evening. And the 2008 Beijing Games . He could win six here.

Business

Earnings Analysis of: Wynn Resorts, Limited (NASDAQ:WYNN)

This estimate is based on 4 analysts that are giving their projections for the quarter. $0.86 were the EPS estimates one month ago while $0.86 were the EPS estimate one week ago. (WYNN) is getting weaker by the somewhat negative sentiment (2.8 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as Hold.

Business

Post-Huffington 'Huffington Post,' Ariana Leaves For Health Startup

She told The Wall Street Journal on Thursday that "I really thought I could do both, but as we started building it up, I realized that it really needed my full attention". The departure comes several weeks after Verizon said it was buying the media properties of Yahoo Inc. for about $US4.8 billion ($A6.23 billion). Founder of Huffington Post will be joining health startup Thrive Global .

Business

Workers start 5-day strike to secure jobs

Southern said its strike timetable was still running well as the evening peak approached, with no issues at stations and 88.5% of services on time. The RMT union said negotiations broke down after the company rejected an offer to suspend the action.

Business

Broker Buy/Sell/Hold Updates For QTS Realty Trust, Inc. (NYSE:QTS)

Digital Realty Trust Inc .'s ROA is now valued at 0.60% * with a ROI value of 4.30% *. Commonly named as P/E ratio, it helps investors know where the company stands in the market. Credit Suisse Group AG cut shares of Federal Realty Investment Trust from an "outperform" rating to a "neutral" rating and boosted their price target for the stock from $168.00 to $170.00 in a report on Friday, August 5th.

Business

US stock indexes close at record highs; oil up

An industry report released on Thursday projected a more even balance in the supply and demand for oil this year. The Dow Jones Industrial Average gained 117.65 points, or 0.6 percent, to 18,613.31. Beating its previous record high from last Friday, the S&P 500 is priced at about 17 times expected earnings, compared with a 10-year average of 14 times expected earnings, according to Thomson Reuters data.

Business

US Stocks Notch a Record Trifecta

Meanwhile, crude oil prices rallied, with the September crude contract up $1.78 at US$43.49 per barrel after the International Energy Agency said it expects supply and demand for oil to be more in balance the rest of this year. Other retailers to advance included Best Buy, up 2.6 per cent, and Williams-Sonoma, up 3.7 per cent. The chain is scheduled to release earnings early Friday.

Business

Manjula to be second woman Chief Justice of Bombay HC

Bombay High Court has three benches - in Aurangabad, Nagpur and Goa besides jurisdiction over the Union Territories of Dadra & Nagar Haveli and Daman & Diu. Later, she was the president of the Karnataka Judicial Academy and also the executive chairperson of the Karnataka State Legal Services Authority. Chief Justice Chellur became the 37th and first ever woman Chief Justice of Calcutta High Court in August 2014.

Business

Asian Shares Slide on Slumping Oil Prices

US stocks edged higher in early trading Thursday as investors sized up quarterly results for big department store chains and other companies. "The big topic in the oil market is simply that the supply glut persists", said Norbert Ruecker, head of commodity research at Julius Baer Group Ltd.in Zurich.

Business

Gas smell investigated in probe of deadly apartment fire

Officials have yet to determine a cause. The federal Bureau of Alcohol, Tobacco, Firearms and Explosives is assisting. A total of three firefighters were injured. Some had respiratory injuries from smoke, and others had burns and fractures from jumping out of windows. "Everybody was getting out of the building as rapidly as possible".

Business

Maersk profit slides on freight rates, oil slump

Underlying profit, which strips out one-off items, dropped to $134 million in the second quarter from $1.1 billion a year earlier. Profit fell to $118 million from $1.1 billion a year ago. Newly appointed CEO Søren Skou called the result unsatisfactory. "To ensure the future strength, profitability and development of new growth opportunities of the company, the board of directors has initiated a strategic review of the company and will report on progress of the review before the end of Q3, ...

Business

Oil prices surge on Saudi minister's talk of 'possible action'

That would be a slowdown from this year's growth of 1.4 million barrels a day. That mistake has so far turned out to be special for the crude oil prices. Storage tanks worldwide are also almost full with oil products while refiner profits in Singapore have hit two-year lows. Both of the global benchmarks, West Texas Intermediate and North Sea Brent broke above their highs made on Monday after an informal meeting of the OPEC members got announced, over the news.

Business

Eurostar cans a few trains due to strike

Eurostar International Ltd.is canceling eight trains from Friday through Monday as talks continue with United Kingdom labor union RMT in a protest about working hours. It centres on Eurostar's apparent failure to stand by an agreement in 2008 created to ensure train managers could expect a good work-life balance - which union members claim is being undermined.

Business

Sharp says China regulators approve Foxconn acquisition

However, the losses were offset to some extent by high hopes that sales momentum will pick up later in the current quarter on the back of the launch of the next-generation iPhone models by Apple Inc., the dealers said. Hon Hai Precision Industry Co.'s profit fell for a third straight quarter, reflecting the impact of a global slowdown in demand for smartphones. Foxconn was interested in Sharp partly because of the Japanese company's business in making screens for smartphones.

Business

Marijuana to remain at highest drug classification

Heroin, peyote and marijuana, among others, are considered Schedule I drugs because they have no medical application; cocaine and opiates, for example, have medical uses and, while still illegal for recreational use, are designated Schedule II drugs.

Business

Man killed in Canada raid made 'martyrdom video,' planned attack

He was living at his sisters house with an ankle monitor, on a peace bond because he was known to communicate with terrorists, but the security expert said police clearly weren't watching Driver until they got the Federal Bureau of Investigation tip.


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