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Business

Obama, Biden to campaign for Clinton in N Carolina next week

Clinton asked the audience in Winston-Salem . "Instead of campaigning for Hillary Clinton", Gruters said, "President Obama should be doing his job and helping grow the economy and get Americans back to work". "No, no", Mr. Obama said. "It's about who will shape our children and the country we will leave for them". Translation: Trump, Inc., will still be very much in the political/media world post November 8 - and, who knows, maybe he could still pull off a stunning election victory.

Business

Caddie texted McIlroy: 'A $1m tsunami just hit my bank account'

Open champion Stenson achieved the feat in 2013 and McIlroy can follow in the footsteps of his Ryder Cup team-mate after winning the FedEx Cup - and United States dollars 10million bonus - for the first time in September. "I think", McIlroy added, "he was quite happy". Others questioned whether a caddie was entitled to bonus money beyond the tournament earnings. The world number three is looking to win the Race to Dubai for the third year in succession and fourth time in the last five years, ...

Business

Baylor regents reveal 'horrifying' gang rape allegations

A summary of the report was released in May, around the time football coach Art Briles and university president Ken Starr were relieved of their jobs. Ron Murff, a Dallas businessman who is chairman of the board of regents, told The Journal . The university has been widely criticized for its silence and lack of transparency regarding the sexual assault allegations and the investigation.

Business

Principal Financial Group Inc. Profit Climbs 6% In Q3

It has outperformed by 19.37% the S&P500. 10 said it's a Buy, 24 assigned Hold rating where 1 stated the stock as Underperform and 0 marked the stock as Sell. The analysts estimated EPS for the higher end at 0.55 and lower end at 0.48 while the year ago reported earnings per share was 0.53. That compares with the mean forecast $1.32B and $0.48/share, respectively.

Business

United States to examine AT&T deal to buy Time Warner

For AT&T , a deal with Time Warner would give it a leading US provider of pay-TV and internet service as well as popular content from the likes of HBO and access to sports including NBA basketball. Similarly, Verizon - a longstanding AT&T rival - acquired AOL past year for $4.4 billion and is in the middle of adding Yahoo to its portfolio of media companies as well.

Business

SBI Clerk Mains results 2016 declared: How to check your result

Earlier, SBI conducted the clerk preliminary examination and the results of the same were also declared. The officials took lot of time for the declaration of results . Upon clicking the activated result link, candidates need to enter the required details such as the registration number, date or birth and password. A huge number of candidates applied and appeared for the prelims and main examination.

Business

Tesla shares jump 6% on surprise profit, revenue beat

Tesla said it expects to remain profitable in the final quarter of the year. For the last quarter, Q3 2016, they recorded net income of $21.9 million, or 14 cents per share . Musk is the chairman of Solar City, the maker and installer of solar panels, a company founded by his cousins. The Model 3, slated to begin at $35,000 before government incentives, is key to Tesla's plan to expand to a wider market for its battery-powered autos.

Business

Note 7 wipes out much of Samsung's mobile profits

The South Korean technology major's overall operating profit during the period between July and September was KRW5.2 trillion ($4.6 billion), down from a year ago period's KRW7.3trn. The company's revenue declined 7.5 per cent over the year to 47.82 trillion won in the September quarter, the lowest since the first quarter of last year.

Business

Detroit Lions vs Houston Texans: Game preview and prediction

Sunday, 1 p.m. ET, NRG Stadium. Coming off a 14.5-sack season, Ansah still is looking for his first sack this year. DE Armonty Bryant has had sack in two of last three games. Since then, it hasn't been a straight 45 degree angle nosedive into the ground, as there have been a few hopeful moments, but the overall trajectory so far is most assuredly downward, and Monday night in Denver was undoubtedly the low point of Osweiler's brief tenure here, so far.

Business

On Heathrow expansion, Theresa May has listened. Now she must lead

THE government is heading for disarray as it prepares to announce its decision over whether or not to expand London's Heathrow airport. Theresa May will have to offer the Tories a free vote or give leave for Boris Johnson and Justine Greening to be absent from the Commons if she backs a new runway at Heathrow, a senior MP in the party has said.

Business

Are GM And Ford Losing Their Sheen?

General Motors Company has been the topic of 37 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Seaport Global Securities began coverage on shares of General Motors in a report on Tuesday, August 9th. The ex-dividend date is Monday, December 5th. General Motors's payout ratio is 17.41%. Timko Thomas S retains 27,477 shares in the stock after this transaction.

Business

DeMarcus Cousins on Kawhi Leonard "flashes of Kobe"

Leonard had his second 30-point game in as many games, leaving many in awe including Kings' center DeMarcus Cousins . Cousins led the Kings with 37 points and 16 rebounds despite being constantly mentioned in trade rumors that include sending him on 3-team trades to the Indiana Pacers and Chicago Bulls.

Business

Nato chief says alliance 'does not want new Cold War'

Fast forward 16 years and Russian Federation has an estimated 330,000 troops stationed on its western flank in a reprise of Cold War deployments east of the Iron Curtain. "The deployment of ships that can also carry nuclear weapons is an aggressive and irresponsible behavior, and an inappropriate reaction to the decisions that North Atlantic Treaty Organisation took in July in Warsaw", Foreign Minister Witold Waszczykowski told public broadcaster Polish Radio.

Business

Tesla throws down gauntlet over driverless cars

Tesla says the hardware that will be fitted to cars will give them a "level of safety substantially greater than that of a human driver". To that end, every vehicle that rolls off of its Fremont, California, assembly line is equipped with eight 360-degree cameras that can "see" for about 275 yards, no less than 12 ultrasonic sensors, and a forward-sensing radar.

Business

Obamacare Penalty For Not Having Healthcare To Double Alongside Premium Hikes

There has been a similar slowdown in growth in the amounts employees contribute to health plan costs. The department of HHS has predicted that at least 70 per cent of the Americans who opt for Obama's Affordable Care Act would get health plans which come for $75 per month and people who choose low-priced plans with limited benefits can reduce their burden further due to availability of subsidies under the act.

Business

Hong Kong regulators probe UBS on initial public offerings

UBS, controlled by chief executive Serdio Ermotti, said that "lower-than-anticipated and negative interest rates still present considerable headwinds". "You see a fundamental income problem shaping up for UBS", said Chirantan Barua, an analyst at Sanford C. Bernstein Ltd.in London who has an underperform rating on the shares.

Business

Kyle Schwarber has not been medically cleared to play the outfield

Schwarber missed nearly all of the regular season with a torn ACL. Murray, a long-time Cubs fan, is arguably one of the most famous Cubs fans alive, and the performance will be a memorable one. "Facts are facts. I just can't physically do it. ..." For him to be able to step up and do that on this stage, to have the first three hits of his season to be in the World Series, it's just really special.

Business

Apple defends expensive MacBook Pro pricing: 'We design for the experience'

The company unveiled the laptops at its headquarters, where executives showed how the Touch Bar works with a variety of apps and software - providing playback and editing controls for videos or music, for example, and search functions for Apple's maps and photos apps.

Business

BAT offers to buys US tobacco firm Reynolds in $47 billion deal

Yet the timing, less than three weeks before a US presidential election, was unexpected. "We always expected this deal to happen eventually, but we are surprised by the timing". The merger "is the logical progression in our relationship and offers all shareholders a stake in a stronger, truly global tobacco and next generation products company", BAT Chief Executive Nicandro Durante said, referring to the firms' expansion into electronic cigarettes.

Business

Louisiana weekly oil, gas rig count unchanged; US gains 4

Crude oil prices on Friday were headed for a weekly loss ahead of OPEC's meeting to discuss production levels. For the week ended October 28, domestic oil rigs fell by two to 441 after rising by 11 last week. Gas rigs rose six to 114. The number of Texas oil and gas rigs increased again this week by two, after a spike of ten sites last week. Drillers operated 256 rigs in Texas, up two from the week prior.

Business

US Arrests 20 People Over $250Mln International Call Center Scam - Justice Dep't

Charges in the case include conspiracy to commit identity theft, false personation of an officer of the United States, wire fraud and money laundering, the Justice Department says. The victims then were threatened with arrest or deportation if bogus debts were not paid, according to the charges. That's why they are putting out brochures , warning everyone that federal agents will never call demanding money.

Business

AmazonFresh now available in Chicago, Dallas

You can place an order in the morning and have it delivered as early as that same evening, or order before going to bed and have the items on their doorstep in time for breakfast the next day. For Prime members, the company recently reduced the AmazonFresh membership fee to $14.99/month. Perishables-even frozen foods, produce, cosmetics, toiletries and household goods are available for same- or next-day delivery at a customer's selected time.

Business

Oil down; US crude settles below $50 on stockpile concerns

Crude inventories in the world's largest oil producer have fallen unexpectedly in seven of the past eight weeks, bucking the trend usually seen during autumn when stockpiles rise as refineries go into maintenance. "Market fundamentals, in terms of supply and demand, have begun to improve", Falih said, adding: "We are optimistic that oil prices will continue to improve in the future".

Business

UPS orders 14 Boeing 747 jumbo jets

Throughout 2016, UPS has been preparing for its busiest shipping season with the opening of 15 new or expanded hub facilities across the U.S. The company also is installing mobile delivery villages and adding thousands of delivery auto positions to support its expanded ground delivery fleet during the period.

Business

Police and Military move in on Dakota Access Pipeline protesters

It's unknown how much money the department will ask for, she said. Protesters occupied the bridge Sunday to keep authorities from surrounding the frontline camp, and on Thursday a massive fire fueled by logs and tires kept more than 75 officers at bay for hours.

Business

LinkedIn Corp (LNKD) Releases Earnings Results, Beats Expectations By $0.27 EPS

LinkedIn Corp. has a 12 month low of $98.25 and a 12 month high of $258.39. FBR Capital maintained LinkedIn Corp (NYSE: LNKD ) rating on Friday, October 30. Gamson Michael sold $808,729 worth of LinkedIn Corp (NYSE: LNKD ) on Tuesday, August 16. More important recent LinkedIn Corp (NYSE: LNKD ) news were published by: Reuters.com which released: "Salesforce CEO speaks of failed efforts to buy Twitter , LinkedIn " on October 26, 2016, also Reuters.com published article titled: ...

Business

CETA: Tusk and Trudeau "still think that Thursday's summit is possible"

This is the EU's most ambitious free trade deal to date but Belgium needs the regions' approval to sign it. She also defended her emotional decision to walk away from the table Friday - a decision that "flabbergasted" former Conservative trade minister Ed Fast, who oversaw four and a half of years of the agreement's negotiations and said the deal was "giftwrapped" for the Liberals.

Business

Cyrus Mistry says his removal as Tata Group chairman was 'unprecedented'

In a "protest" email to Tata Board members, Cyrus Mistry has said that he is "shocked at the manner of his removal" and has called it unprecedented. The Board has constituted a Selection Committee to choose a new Chairman. Speth from JLR and Chandrasekaran from TCS have proved themselves worthy enough to enter the elite list of board of directors, which includes Amit Chandra - MD at Bain Capital, Venu Srinivasan - chairman of TVS Motor Company and Ajay Piramal - chairman of both Piramal ...

Business

United Kingdom economy grows despite Brexit

BoE Governor Mark Carney this week noted the "fairly substantial" fall in sterling, in a sign that the Bank was no longer expecting to cut rates on November 3. A strong performance in the services industries - which increased by 0.8% in Quarter 3 - has been cited as offsetting falls in other industrial groups.

Business

US Treasury yields fall on news Federal Bureau of Investigation to reopen Clinton email probe

The Commerce Department on Friday said USA gross domestic product expanded at a 2.9% annual clip in the third quarter, in line with forecasts, but up from a 1% pace of growth over the first half of the year. Stimulus from the Bank of Japan also looked less likely after Gov. Haruhiko Kuroda said there was no need to change Japan's negative 0.1% short-term interest rate target nor its 10-year government bond yield target.

Business

WWE Hell in a Cell 2016: Preview and predictions

Here are the highlights for the monumental occasion, along with our own predictions . It seems Raw's single roster will be making a big bang this Sunday. The program that she had with Sasha Banks and Charlotte was okay, but it didn't feel special. TJ Perkins (c) vs. Brian Kendrick: Six weeks ago, the cruiserweights were looking to be that new attraction to Raw .

Business

English football does not suffer from hooliganism, says Arsene Wenger

Safe-standing has been introduced at some of Europe's biggest clubs with positive results and Ivan Gazidis, Arsenal's chief executive, said he had an "open mind" to safe-standing during the club's Annual General Meeting. Hopefully West Ham will get rid of the problem very quickly. "It would enable you to have lower prices as you would have more spectators and maybe a more passionate atmosphere".

Business

Trump says Clinton too tough on Putin

Putin also dismissed claims of Donald Trump being the Kremlins favoured candidate, adding that such a narrative was total nonsense and just a form of manipulating public opinion by the western media. Russia's foreign ministry at the weekend said that an old version of its website had apparently been attacked after a U.S. hacker claimed he broke in and posted a mocking message.

Business

Hershey Co (HSY) Stock Looks Sweet After Earnings Beat

Revenue grew 2.2% year-over-year to $2.00 billion, which surpassed Wall Street's estimated $1.99 billion. For the 12 weeks ended October 8, 2016, Hershey's U.S. Kanawha Capital Management LLC raised its position in shares of Hershey by 0.4% in the second quarter. The expected HSY's profit could reach $251.41M giving the stock 20.19 P/E in the case that $1.18 earnings per share is reported.

Business

Tata Sons rubbishes Mistry allegations The great Indian corporate drama drags on

Quite evidently vexed by the allegations made by Mistry, Tata Sons issued a statement which read, "It is a matter of deep regret that a communication marked "confidential" to Tata Sons board members has been made public in an unseemly and undignified manner".


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