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Business

IT Dept. conducts inquiry at Janardhan Reddy's offices in Ballari

The sleuths, divided into two groups, entered the two offices located in Veeranagouda Colony, close to Mr. Reddy's residence. The raid was based on a complaint filed by a RTI activist T Narasimha Murthy. Pre-wedding events have been on with equal extravagance at the venue for the five days. Reddy, a former BJP minister and one of the richest politicians in Karnataka, is one of the main accused in the Bellary illegal mining scam.

Business

Trump Willing to Keep Parts of Obamacare, Stays Mum on Clinton Prosecution

Trump's repeated attacks on the law were a central focus of his campaign, during which he used it to needle rival Hillary Clinton as insurance premiums rose for some enrollees, especially in battleground states. More than 100,000 people enrolled in health plans on Wednesday, the day after the law came under threat due to Trump's victory. The publication notes that repealing Obamacare could take away the coverage of people with preexisting conditions.

Business

Elon Musk: Model 3 charging will be free for long-distance trips

Elon Musk holds nearly 22 percent of SolarCity stock and 22 percent of Tesla's . "As one company, Tesla (storage) and SolarCity (solar) can create fully integrated residential, commercial and grid-scale products that improve the way that energy is generated, stored and consumed", Tesla said at the time.

Business

Ohio unemployment rises slightly in October

Wilson said the highest unemployment rates were accompanied by increased labor force participation, indicating that some of the increase in unemployment could be attributed to discouraged job seekers returning to the workforce. · Throughout 2016, Michigan's monthly jobless rates have remained within the narrow band of 4.5 to 4.9 percent. Florida's annual job growth rate of 3.3 percent exceeded the nation's rate of 1.8 percent as it has most months since the Great Recession .

Business

O'Hare workers to announce strike date Monday

According to CNN Money , some of the workers planning to strike earn the minimum wage , which is $8.25 an hour in IL. The workers involved have been trying to organize with the union's help. Operations like air traffic control and security screening will not be affected. Prospect Airport Services, AirServ, Scrub Inc. and the city of Chicago employ the workers.

Business

Tesla Will Thrive Under Trump CEO Elon Musk Says

Vehicles equipped with Autopilot have eight surround cameras providing a 360-degree view of the surrounding at up to 250 meters away. It also has 12 updated ultrasonic sensors to detect both hard and soft objects and a forward-facing radar that can see through 'heavy rain, fog, dust and even the vehicle ahead'.

Business

Never-ending queues, cash crisis… nothing has changed Mr Modi!

The team has been mandated with working closely with banks and various agencies involved in disbursement of cash and recalibration of hardware and software of the ATM network, he said . Meanwhile, all the government departments and Central PSUs have been advised to carry out all payments online and resort to cash withdrawal only in totally unavoidable situations.

Business

Analyst's Key Ratings: Cisco Systems, Inc. (NASDAQ:CSCO) , Seagate Technology. (NASDAQ:STX)

A look at performance overview of Cisco Systems, Inc. depicts that Performance (Week) is -3.06 percent while Performance Month is -0.99%. Halla Brian retains 121,501 shares in the stock after this transaction. The ex-dividend date was Monday, October 3rd. Instead, Cisco believes other areas of the business will lead future growth. Cisco Systems Inc .'s earnings call tried to impart an optimistic tone over some of President-elect Donald Trump's business-friendly promises, such as a ...

Business

Wall St rally sputters in Dow's best week since 2011

Investors are now betting that Trump and a Republican-controlled Congress will have a clear pathway to boost infrastructure spending, cut taxes and relax regulations that affect energy , finance and other businesses. On Monday it was 1.83 percent. Across Europe, Germany's Dax was down 0.2% and the Cac 40 in France was 0.3% lower. Natural gas lost a penny to $2.62 per 1,000 cubic feet.

Business

Brexit impact prompts BOE plan to increase deposit guarantee

The Bank of England is consulting on plans to increase the compensation limit for deposits held with Prudential Regulation Authority authorised firms by £10,000 in light of a Brexit induced fall in the pound. The proposed change would go into effect from January 30, 2017, and firms would have six months after that date to implement necessary changes to their systems, according to the PRA.

Business

Tannehill Performs Fourth Quarter Magic Act

Dolphins quarterback Ryan Tannehill completed touchdown passes to both Jarvis Landry and DeVante Parker in the last five minutes of the fourth quarter - turning what the Rams may have thought was a "sure thing" victory from a 10-0 deficit into a shocking 14-10 that caused them to miss the mark when it mattered the most.

Business

Roy Cooper's Lead Grows to 6000+ as McCrory Refuses to Admit Loss

At the same time, McCrory's campaign filed challenges in 11 more counties, including Durham, where a late report of tens of thousands of ballots on November 8 put Cooper in the lead . Her ruling was in response to a lawsuit that said DMV wasn't submitting registration information to elections boards. "And I am convinced that states do as good a job as they can with the resources they have to count votes".

Business

Britain facing "eye-wateringly" large debt levels over Brexit

The road improvement measures were agreed with Transport Secretary Chris Grayling as Mr Hammond seeks to change the approach of the Treasury. Shadow chancellor John McDonnell has urged Mr Hammond to reverse the UC cuts alongside reductions in disability benefits that will leave some claimants £30 a week worse off.

Business

More Than 100 Dead After Train Derailment Disaster In India

The impact was so strong that one of the coaches landed atop another, crushing the one below. "I was asleep and suddenly woke up to a deafening noise, after which I found myself thrown on the floor of the coach", Amit Krishna a witness said.

Business

Can Philip Morris Kick the Cigarette-Selling Habit?

The rating firm issued a Buy rating to this company in a research note released on Nov 14, 2016. Hudock Capital Group LLC raised its stake in shares of Philip Morris International by 0.4% in the second quarter. Recent Sales Surprise: During the recent quarter period Quarter Ending Sep-16, the company declared sales of $6,982.00M. Not Comprising an unfavorable currency impact, at prevailing exchange rates, of about $0.42 for the full-year 2016, the diluted eps range represents a projected ...

Business

Parking spaces becoming larger to fit the modern car

The average parking space is just 4.8m and 2.4m wide, however, popular SUVs like the Audi Q7 and Mercedes-Benz GL-Class measure in at five metres plus, and almost two metres wide. Size matters: how big can cars get? The study examined over 85,000 incidents recorded by Accident Exchange between mid-2013 and August 2016. However, the company acknowledged that widening bays comes at the expense of fewer parking spaces, and said there exists an "extremely fine balance" between creating wider ...

Business

Hundreds protest in SLC against Dakota Access Pipeline

The U.S. Army Corps of Engineers has made a decision to delay the construction of the pipe line saying more discussion is needed. "They don't want to play any games, they just want to have clean water and they have every right to that on their sacred land".

Business

O'Hare airport workers to announce strike date Monday

The Service Employees International Union is working with the airline workers on the strike. While officials don't think that the workers' actions could lead to a shut down, refusal to show up and work could potentially lead to major delays of service for certain departments.

Business

Spike in hate crimes prompts special NY police unit

In addition to ordering state police to create a special investigative unit, Cuomo also announced the creation of a legal defense fund for immigrants who can not afford legal assistance on their own. This year we have 328. Numerous hate crimes have yet to be substantiated. I come to you this morning with a heavy heart. A Brooklyn playground named after Adam Yauch, the Jewish founder of the Beastie Boys rap band, was defaced with a swastika and the words "Go Trump" over the weekend, ...

Business

MDLZ Makes Bullish Cross Above Critical Moving Average

The stock volatility for week was 2.12% while for month was 2.50%.The stock, as of last close, traded 21.17% to its 52 week low and was changed -7.50% from its 52 week high. The institutional ownership stake in the corporation is 78.10% while the Beta value stands at 0.92. Analyst recommendation for this stock stands at 2.10.

Business

Tyson Foods Inc. (TSN) Issues FY17 Earnings Guidance

News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyson Foods , Inc. The disclosure for this sale can be found here. The biggest holder now is John Tyson who owns 2,369,954 shares (0.64% of those outstanding), whilst Leland E.

Business

Walmart is kicking off Black Friday immediately - but there's a catch

This shopping season PlayStation 4 Slim is a hot product with every offering best price. For example, Flipp recreates the traditional print flyer experience so you don't have to sift through all the weekly store flyers - and not just on Black Friday.

Business

NASA launches new generation weather satellite

Once that was resolved another issue down range forced the hold to continue. GOES-R is also carrying instruments to measure space weather, such as solar outbursts and ion activity. GOES-R will scan the skies five times faster than today's GOES spacecraft, with four times greater image resolution and three times the spectral channels.

Business

Could potential O'Hare strike impact holiday travel?

They consist of baggage handlers, cabin cleaners, janitors, and wheelchair attendants. "That's not what they're trying to do". The workers involved have been trying to organize with the union's help. Meanwhile, a Chicago transportation expert says this won't be a crisis. just a mass headache. A possible strike could make air travel this holiday week even worse.

Business

Oil prices increase amid market optimism

Brent crude settled down 14 cents a barrel at US$46.49, before falling further to US$46.12 by 3:21 p.m. (2021 GMT), down 51 cents, or 1.1 per cent. Oil prices fell on Friday as a strengthening US dollar beat back renewed hope that OPEC might finally agree production cuts.

Business

Indian equities plunge to new six-month low

Benchmark indexes Sensex and the Nifty fell about 2.5 percent last week to end near 6-month lows and the rupee crashed below the psychological 68-mark, as the cash crisis originating out of demonetization exercise and expectations of higher inflation and interest rates in the USA kept FIIs on a selling spree.

Business

Asia Shares Listless but China, Japan Rise on Dollar's Gain

Some investors expect this trend to continue until Trump takes office and his policies and plans become more concrete. "A rise in interest rates is, generally speaking, not good thing for stocks, especially for emerging markets". The dollar rose to 111.190 yen, its highest since early June. The Dollar's climb higher is starting to run out of some steam as markets have now fully priced in Donald Trump's victory for President of the United States.

Business

Outsourcing firm Mitie sees shares plunge after profit warning

The property maintenance company blamed the loss on rising labour costs reductions in higher margin project work. The company said: "Currently we are in the middle of one of the periods where there is a lot of change happening". "The first half of this year has been hard but we are not alone in facing significant macroeconomic challenges", said chief executive Ruby McGregor-Smith.

Business

Heathrow Airport releases its very own Christmas advert

The video starts with two teddy bears getting off their plane and entering the airport. In the arrivals hall, at the end of the ad, the bears "transform" into their real-life human versions and are greeted by their excitable grandchildren.

Business

It's A Deal! Tesla And SolarCity Merger Approved

Musk first announced his intention to disrupt the tops of our homes last month when he unveiled four houses outfitted with surprisingly stylish solar panel tiles . Musk says the combination will create a one-stop shop for solar panels and electric cars . They claim the merger is an attempt to use one company to bail out another.

Business

Numis Securities Reiterated TT Electronics PLC (LON:TTG) As 'Buy'

HSBC lowered their price target on shares of Anglo American plc from GBX 1,150 ($14.37) to GBX 1,100 ($13.74) and set a "hold" rating on the stock in a research report on Thursday, November 10th. It operates through three divisions: Primary & Community Care; Community Pharmacy, and Secondary & Specialist Care. Other research analysts also recently issued research reports about the stock.

Business

Petrol back below £1 a litre as Morrisons slashes prices

Data from Experian Catalist showed the average price of unleaded petrol rose to 116.9p in mid-October, the first time in a year petrol prices had risen over 115p. Over the past couple of months we have seen the price of a litre of Diesel and Petrol rise. The current average for unleaded is listed as just above £1.15-a-litre.

Business

Thanksgiving Strike Threatened By O'Hare Airport Workers

This, as Triple-A is predicting the worst travel rush for Thanksgiving in nearly ten years. The 500 workers make up about 25 percent of the airport's 2,000 support staff, revealing that the effort is not resonating with the entire class of employees.

Business

Kerry Urges Obama's Successor to Continue Action on Climate Change

In an apparent dig at politicians who denied climate change was occurring, he said "most kids in high school or even middle school are pretty good at getting a sense that something's happening". 13, 2016. Prime Minister John Key and US Secretary of State John Kerry have met in Wellington for bilateral talks this morning. Secretary of State John Kerry on Friday became the highest-ranking USA government official to visit Antarctica , citing the global risks of climate change and the ...

Business

FanDuel & DraftKings To Merge In Daily Fantasy Wedding

The two companies officially announced their deal Friday, touting it as a "strategic merger of equals". The companies are expected to respond by pointing out they're competing with season-long fantasy sports giants like ESPN . In March, DraftKings and FanDuel stopped operating paid contests in New York under an agreement with New York Attorney General Eric Schneiderman.


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