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United States stocks retreat from records, pharma shares tumble

Based on the failure of the more than 2,100 patient study in Phase III clinical trials, Lilly said it won't seek USA approval of solanezumab, the infused drug for mild dementia. Studies have shown that removing the amyloid plaques that congregate between the synapses in the brain, the ones used to definitively diagnose Alzheimer's during an autopsy, isn't enough to reverse the disease's mental impairment.

Business

LUPICA: Fidel Castro, a Communist who lived and ruled like a king

He gave his first reaction on Twitter , declaring "Fidel Castro is dead!". May Fidel Castro join Che Guevara and burn in the fires of hell for eternity.and may he hopefully soon be joined by his brother Raul. "Some of these people you're talking about are people that have never had to live. near him, or anywhere around him or been impacted" by what he's done, Rubio said.

Business

Chelsea great Terry set for more than two weeks out

Since Chelsea's embarrassing defeat to Arsenal in late September, they have transformed their fortunes with six straight victories in the league which has taken them to the top of the table. Spurs received nine yellow cards - which is the most recorded by a single team in Premier League history - with Mousa Dembele picking up a six-game ban for poking Diego Costa in the eye, as tempers flared.

Business

Which way Wal-Mart Stores Inc. (NYSE:WMT) insiders are heading

The Market Capitalization of the company stands at 221.17 Billion. Wal-Mart Stores, Inc. has 50 day moving average of $69.54 and its 200 day moving average of $71.19. Whaley sold 1,100 shares of the company's stock in a transaction on Friday, August 26th. Euclid Advisors LLC increased its position in shares of Wal-Mart Stores by 145.0% in the first quarter.

Business

North Carolina researchers are working genetics to get the ideal Christmas tree

On the 48-acre Nieman's Tree Farm in Lexington, Tom Nieman grows about 15,000 trees, including Fraser fir , white fir and white pine . And last, my favorite tree if you're not into overloading the ornaments. He said there will be a lot of people out Friday trying to find that ideal tree. However, as long as a fresh cut is made on the trunk end of the tree and the tree is placed in warm water immediately after, any real Christmas tree should make it through the end of the year and probably ...

Business

German Lufthansa airline cancels 876 flights due to pilots' strike

Other carriers under the company umbrella like Germanwings, Eurowings Austrian Airlines, SWISS and Brussels Airlines, won't be affected by the strike Lufthansa said. In Singapore, Flight LH778, scheduled to arrive from Frankfurt this afternoon, and Flight LH779, which was slated to leave for Frankfurt shortly before midnight, have been cancelled.

Business

Lufthansa Pilots Strike Continues, 10 Flights Cancelled

A Lufthansa flight scheduled to arrive at Orlando International Airport Saturday evening has been canceled as an ongoing strike of pilots continues to impact long-haul flights leaving Germany. Germany's largest airline cancelled nearly a third of its flights scheduled for Wednesday, Thursday and Friday, disrupting travel plans of roughly 100,000 passengers on each of the days.

Business

Deposits in Jan Dhan accounts rise to `64250 cr

The Jan Dhan scheme now has only 23% zero-balance accounts, with deposits swelling to Rs 64,252.15 crore, as on November 16. An estimated 25.51 crore Jan Dhan accounts were opened under the Prime Minister's Jan Dhan Yojana (PMJDY). The zero balance accounts are now in great demand as many with undisclosed wealth are using these accounts to convert their black money into white.

Business

During Thanksgiving feast, some Americans hold the politics

While driving remains the most popular form of transportation Thanksgiving travelers take, AAA ex. Airports will not be the only congested places as some 48.7 million people, the most since 2007, are estimated to travel 50 miles (80 km) or beyond for the holiday, according to motor club AAA.

Business

Paris prosecutor: 5 terror suspects under Islamic State direction

The night they were arrested, two of the Strasbourg group had just downloaded the Periscope application, which allows people to stream live on the internet with a mobile phone. Authorities used an exceptional anti-terrorism measure to extend their custody up to two more days, according to the Paris prosecutor's office. Last January, potential danger was thwarted when French police arrested a man attempting to enter the New York Hotel at Disneyland Paris carrying a suitcase holding two ...

Business

Union leader not optimistic Trump can save Indianapolis jobs

Company to stay in the U.S. (Indiana)". Asked by Reuters last week whether the company was reconsidering its decision given Trump's victory in the November 8 election over Democrat Hillary Clinton, the company said in a statement it was "making every effort" to help its in employees during the shift.

Business

Avoiding turkey fryer disasters on Thanksgiving

U.S. Fire Administration reports indicate most of the Thanksgiving Day fires occurred between noon and 3 p.m. Thanksgiving is the peak day for home cooking fires, with almost two times as many falling on that day as all other days of the year, according to the Brighton Area Fire Authority.

Business

Black Friday shoppers head out early, fill local stores to hunt

Dana Hunt, who lives in Spring Mills, W.Va., said the crowds weren't bad Friday morning when she started shopping about 8 a.m. At Inland Center mall in San Bernardino, shoppers were up early Friday morning to find deals on items with significant savings.

Business

Path of globalisation 'demands a course correction': Obama

Journalists traveling with Obama aren't being permitted to witness the event. With his departure from Berlin on Friday, Nov. 18, 2016 Obama will leave Europe for the last time as U.S. "Even if your candidate doesn't always win". Obama and Tsipras repeated their previous appeals for Greece's European Union creditors, such as Germany , to write off some of its debt.

Business

Demonetisation: RBI to set up task force for recalibration of ATMs

The Government on Monday announced that old Rs. 500 and Rs. 1,000 notes can to be used until November 24 for certain transactions, providing respite to millions of cash-stripped Indians who are still trying to withdraw or exchange old currency notes.

Business

Jobs Loss from Volkswagen Emissions Cheating Scandal

Herbert Diess, head of the core Volkswagen brand, conceded that Volkswagen had let its costs rise and "lost ground in terms of productivity". The cuts will also be part of huge savings plan and it has been reportedly agreed by labor representatives after extensive negotiations with the company.

Business

Trump Supporters React After Alt-Right Video Shows Nazi-Style Salute

Richard is the head of a think tank called the National Policy Institute, a white supremacist organization that describes itself as "an independent organization dedicated to the heritage, identity, and future of people of European descent in the United States, and around the world".

Business

Jaguar Land Rover wants to build electric cars in the UK

Dr Speth told an industry meeting it wants to build electric vehicles in the West Midlands. However, Speth stressed the plans to build JLR's new range of electric cars in the United Kingdom are dependent on the government offering support to overcome local infrastructure and capacity issues, including upgrading local power supplies.

Business

PM Calls Cabinet Meet, May Take Up Penalty On High Deposits

Reports said that the lawbreaker subsequently can not withdraw the remaining half or 25 percent of the original deposit until four years after detection. The tax rate however can not be the same as charged from honest taxpayers. Despite this, the government chose to change the I-T law to arm itself to impose the same level of tax liability on "demonetisation" deposits without matching income not even disclosed in the FY17 returns.

Business

Analysts At Deutsche Reiterated Carpetright (LON:CPR) As Buy

Deutsche Bank AG now has a GBX 720 ($9.00) price target on the stock. Peel Hunt reaffirmed an "add" rating and issued a GBX 750 ($9.37) price target on shares of Informa Plc in a report on Monday, November 7th. The last stock close price is down -20.33% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. If you are accessing this piece on another website, it was copied illegally and republished in violation of United States and global ...

Business

Oil trade near $46 as USA crude use grows, Russian Federation optimistic

Meanwhile, Venezuelan President Nicolas Maduro, who held talks with OPEC Secretary-General Mohammed Barkindo in Caracas on November 16, said the group is ready to reach a "forceful" agreement on cutting oil output. USA crude was also up 1% to $46.21. Oil retreated for much of the past three weeks amid skepticism about OPEC's ability to implement a deal at its November 30 meeting.

Business

Brexit talks have 'intense' 15-month window: European Union negotiator

Senior figures in the European Parliament warned Britain on Tuesday that it can not "cherry pick" from members of the European Union, after Brexit minister David Davis met senior EU negotiators for talks on Britain's forthcoming exit from the bloc.

Business

Compass Group PLC's (CMPGY) "Buy" Rating Reaffirmed at Citigroup Inc

BNP Paribas reissued a "neutral" rating and issued a GBX 3,500 ($43.73) price objective on shares of Intertek Group plc in a research note on Monday, August 22nd. Receive News & Ratings for Compass Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Business

Clinton Campaign to Participate in Recount Efforts

Wisconsin provides only 10 votes in the crucial electoral college that gave Mr Trump victory in the 8 November election. "The U.S. government concluded that Russian state actors were behind the hacks of the Democratic National Committee and the personal email accounts of Hillary for America campaign officials, and just yesterday, the Washington Post reported that the Russian government was behind much of the "fake news" propaganda that circulated online in the closing weeks of the ...

Business

Russian Federation will still attend OPEC preparatory talks on November 28

At the same time, Azerbaijan was ready to support the decisions on stabilization of oil prices. A Russian energy ministry spokeswoman declined to comment. That assertion still leaves unresolved the significant issue of exactly how much the country would reduce production, and from what level, said a Gulf OPEC delegate Thursday.

Business

Gold-fund holdings slide for fifth day over rate

In the previous session, it marked its lowest since June 3 at $1,210.73, remaining on track for its second straight weekly decline. The U.S. dollar rose against the Taiwan dollar on Friday, gaining NT$0.142 to close at NT$32.010, the highest level since July 27, when the U.S.

Business

Oil prices slump as market unsure of output cut deal

Saudi Arabia pulled out of planned talks with non-OPEC nations including Russian Federation as disagreements about how to share the burden of supply cuts stood in the way of a deal to boost prices just days before a make-or-break meeting in Vienna.

Business

Shoppers pack local malls and stores for Black Friday

Early shopping on online retail giant Amazon was set to outpace last year's Black Friday, the company said in a statement to ABC News. The lowest unemployment rate in eight years, 4.9 percent for last month, and a rise in hourly wage rates of 2.8 percent for the year, the biggest increase since 2009, are fueling consumer confidence and spending power.

Business

Rutgers Students Rally Against Trump Immigration Policies

A flier posted on social media and directed toward District of Columbia Public School students detailed the main goal for the demonstration and advised against disrespecting police officers and starting negative or obscene chants. Public Schools, however some said they were from Montgomery County Public Schools. Some of Trump's supporters, including former New York City Mayor Rudy Giuliani, have called for the demonstrations to stop.

Business

Chicago Airport Workers Are Striking, but Will Wait Until After Thanksgiving

Workers at Chicago's O'Hare International Airport (ORD) are planning on going on strike after the Thanksgiving holiday weekend. Funnily enough, all of the workers that attended the press conference were already wearing scarves sporting Service Employees International Union (SEIU) colors.

Business

PM Modi pushes for use of mobiles to deal with cash crunch

He emphasized that this Union Government does not stop at laying foundation stones, and ensures completion of projects. "We will come again to inaugurate this project in 2020 in our (next) tenure", the PMsaid, adding, "foundation stones are target-oriented in my regime".

Business

Germany opposes call to end Turkey's European Union accession talks

Relations between Turkey and Europe have been stalled by many issues, including the failure of the European Union to grant visa liberalization for Turkish citizens as promised in the migrant deal, in addition to EU's indifference to the coup attempt and terrorist organizations attacking Turkey.

Business

Cards Against Humanity Is Digging a Holiday Hole to Celebrate Black Friday

Cards Against Humanity reveals its annual Black Friday shenanigans, this time asking fans to donate money for no reason other than to dig a hole in the ground. "We'll find out together how deep this thing goes". The digging will continue "as long as the money keeps coming in". In 2015, the company asked for $5 donations , which it then gave to its employees.

Business

Mayawati Slams Modi's Emotional Blackmail; Dares BJP in UP Polls

Mayawati also addressed questions related to the forthcoming Uttar Pradesh elections. "For pulling a cruel trick on the common man in pursuance of vested political interests, the BJP will be taught a lesson in the coming elections in Uttar Pradesh and four other states as also in the 2019 general elections", the BSP leader said.

Business

OPEC Uncertainty Weighs on Oil Prices

OPEC is due to meet on November 30 to coordinate a cut, potentially together with non-OPEC member Russian Federation, but there is also disagreement within the producer cartel as to which member states should cut and by how much. "We have to solve our problems as OPEC first". OPEC estimates that it pumped 33.6 million barrels a day last month. On Thursday, the oil minister of non-OPEC nation Azerbaijan said OPEC was also pushing oil producers outside the group to make big cuts in output.


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