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Zenefits fined $7M by California insurance regulator

He offered the remaining workers a chance to walk with severance if they didn't want to stay, fired other executives involved in the licensing issues, reorganized leadership and launched a new version of the company's main product. Zenefits agreed to cooperate with "any investigation and enforcement action that the department may pursue in connection with the conduct of Parker Conrad in this matter", the insurance department said in a legal document.

Business

Outstanding Analyst Ratings For Real Estate Investors (LON:RLE)

The stock began the session at $1.69 and the volume stood at 59,303 shares. Stock performance in last five sessions is recorded as 1.31% while year to date (YTD) performance is 12.77%. If you are reading this story on another publication, it was illegally copied and republished in violation of United States & global copyright law. The original version of this report can be accessed at ...

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Johnson & Johnson in early talks to buy drugmaker Actelion

The new products will lessen Actelion's dependence on Tracleer, its blood pressure medication for arteries within the lungs, which was responsible for more than half the company's sales a year ago. employees who left the Swiss drug firm after it decided not to pursue a project their group was working on, according to Actelion's website. This is not the first time a company has offered to buy the European independent biotech firm.

Business

Trump Treasury pick: Fannie, Freddie need to get out of government ownership

When the US housing market collapsed beginning in 2006, it crippled their finances and forced a taxpayer-financed rescue totalling $188 billion (150.27 billion pounds) to help thwart the disintegration of the USA financial system. Mortgage giants Fannie Mae and Freddie Mac were placed under federal government control in September 2008, during the global financial crisis. Any reform push for Fannie and Freddie will likely pit housing market advocates, who argue the two companies help keep ...

Business

Have an xHamster Account? You Might Want to Change Your Password

The database reportedly contained 30 accounts linked to various government bodies including the United Kingdom and the US, as well as 40 email addresses belonging to the US Army. Responding to the Motherboard report, xHamster claims no hack took place. This shocking breach doesn't appear to be a hoax as attempts have already been made to create new accounts using email details released in the leak.

Business

Asian markets mixed amid fears over oil, Italy's referendum

Brent crude, used to price worldwide oils, tumbled $1.20 to $47.04 in London . Oil prices surged Wednesday on expectations of a production cut from the OPEC cartel of producers. Yields on two-year Treasury paper have already hit their highest since early 2010 in anticipation, greatly fattening its premium over European and Japanese debt.

Business

Algerian Representative: Fidel Castro will Remain a Legend

Participants hold portraits of Fidel Castro during a rally honoring the late Cuban leader at the Revolution Plaza in Havana, Cuba, Tuesday, Nov. 29, 2016. Nelson Mandela, while he was still alive, repeatedly thanked Castro for his efforts in helping to weaken apartheid in South Africa. Thousands of Cubans were filing through a memorial in Havana's Plaza of the Revolution on Monday as the nation plunged into a week of services bidding farewell to the man who ruled the country for almost ...

Business

OPEC Deal Is Good News for High Plains Producers

The Organization of the Petroleum Exporting Countries started a closed-door session at around 1000 GMT with a news conference scheduled for 1500 GMT. OPEC will seek on Wednesday to defy expectations and finalise a deal in Vienna reducing its oil output for the first time in eight years in an effort to boost painfully low crude prices.

Business

Russia to send field hospital to Syria's Aleppo

Syrian rebels will not withdraw from eastern Aleppo, a rebel official said on Wednesday, indicating they plan to fight on against an intense assault by government forces that seized control of swathes of the opposition-held area in recent days.

Business

Trump sets plan to separate from his business, makes Treasury pick

Ethics experts have pushed for Trump to fully exit the ownership of his businesses using a blind trust or equivalent arrangement. Meanwhile, Mr Trump named Wall Street veteran Steven Mnuchin as his treasury secretary and investor Wilbur Ross as commerce secretary.

Business

Zacks Earnings Estimates: Union Pacific Corporation (NYSE:UNP)

Community Bank N.A. raised its stake in shares of Union Pacific Corp .by 41.9% in the second quarter. First PREMIER Bank now owns 29,424 shares of the railroad operator's stock worth $2,568,000 after buying an additional 588 shares in the last quarter.

Business

Stocks end mostly lower, despite gains in banks, oil

The agreement to cut production for the first time in eight years reverberated through financial markets, lifting prospects for countries whose finances have been ravaged by the oil crisis. USO, one of the most heavily traded commodities exchange traded products, is particularly in focus for short sellers that are expecting OPEC to disappoint.

Business

Labor abuses found at Indonesian palm plantations supplying global companies: Amnesty

In a 148-page report titled, The Great Palm Oil Scandal: Labour Abuses Behind Big Brand Names , Amnesty International documents operations at palm oil plantations and follows the supply to corporations and brands. "It is hard to carry it, it is heavy", the boy is quoted as saying. Peter Frankental, Amnesty's Business and Human Rights Programme Director, said: "Using mealy-mouthed excuses about " traceability " is a total cop-out from these companies".

Business

Carrier says deal reached with Trump to keep 1k jobs in Indiana

He publically targeted Nabisco, the maker of Oreos, after it cut some Chicago-area jobs amid plans to move some of its production to Mexico. "United Technologies is a enormous worldwide company with many different divisions and subsidiaries, many of which do substantial amounts of business with the USA government", said Mutz, a former in lieutenant governor.

Business

Iran, Saudi Arabia spar over OPEC production plan

It's far from clear OPEC will succeed. Back in September, the cartel agreed in principle to cutting production, but now they actually have to divide up concrete cuts among members. That said, it's not at all certain these cuts will materialize. The result: Opec officials agreed to refer the matter to ministers for further consideration.

Business

Is IG Design Group PLC a Buy? The Stock Rises Again

The stock's market cap is GBX 718.37 million. Shares of Man Group Plc ( OTCMKTS:MNGPF ) opened at 1.52 on Monday. The number of shares Vodafone Group PLC now has in issue is 27,912,000,000, which have a value of 193.9 per share calculating Vodafone Group PLC's market capitalisation to 54.12B GBP.

Business

Asian stocks mixed as markets await OPEC meeting results

Iran has suggested a deal whereby it freezes production at 3.975 million barrels a day, or about 200,000 barrels a day above current output, two OPEC delegates said Monday. Global crude demand will recover next year and then prices will stabilize, even without production cuts from OPEC, Al-Falih said in Dhahran, eastern Saudi Arabia , on Sunday, according to the Saudi newspaper Asharq al-Awsat.

Business

Ex-Wildcat Juron Criner is a Grey Cup champion

Then we start to go and do individual routes. Calgary's Jerome Messam had just bulldozed for six yards on first down to the two-yard line, but instead of another power run, the Stamps faked inside and sent Buckley on a looping run to the pylon.

Business

OPEC and Italian unease weighing on global stocks

At the close, the FTSE index declined 27.47 points and 0.40% at 6,772.00. The rally in energy shares helped lift the Dow and S&P 500 to record intraday highs. That came after Yi Gang, a deputy central bank governor, was quoted on the bank's website as saying the yuan has "characteristics of a strong and stable currency " and was likely to "remain relatively stable at a reasonable and balanced level".

Business

OPEC agrees to cut output by nearly 1.2 bpd

The price of crude soared close to US$50 a barrel amid a surprise deal from OPEC that will see the oil cartel cut its production output for the first time in eight years. It also disputes with OPEC the level of its current output. Shares in oil companies rose in the slipstream of higher oil prices , helping indexes around the world to post solid gains.

Business

Trump may consider Sarah Palin for VA secretary, source tells NBC

Palin endorsed Trump early in the presidential race and campaigned for the mogul frequently - an effort that Trump has previously said he would like to reward. "Obviously, I think the toughest job in the Cabinet is to lead the VA because while it has so many angels working there, it has so many great problems as well".

Business

Sartaj Aziz briefs heads of P5 missions on flagrant Indian aggression

The deliberate targeting of civilian populated areas is condemnable and deplorable and must be investigated. But after meeting with Pakistani officials, Foreign Secretary Boris Johnson told reporters in Islamabad that it was up to the two South Asian countries to resolve the crisis and that Britain should not "prescribe a solution or act as a mediator".

Business

Family Finds Their Dog At Shelter Only To Reject Her

Lara, who was intrigued as to what was causing this reaction from Zuzu went over to investigate the situation, only to discover that Zuzu's owners had come to the shelter. "And go get another dog", Lara stated. Obviously, she'd seen her old humans, which WOULD NORMALLY BE THE HAPPY END TO THIS TALE, RIGHT? Zuzu's owners arrived at the shelter a short time later, but not to reclaim her like the staff had hoped.

Business

Warren County one of six lowest counties for unemployment in October

Barren County's non-seasonally adjusted jobless rate for October was 4.1 percent, while Metcalfe County had 4 percent and Monroe County 3.7 percent unemployment marks. The youth (between 15 to 34 years) remain the most vulnerable in the labour market, with an unemployment rate of 39,3%. North Dakota's rate was unchanged from October 2015.

Business

Major indexes set records as energy companies surge

The Dow edged up 1 point to 19,123. A decision to cut production could have a lasting impact on consumers, as oil price increases feed into the cost of vehicle fuel, heating and electricity. Gold is on track for its biggest monthly decline since mid 2013, largely pressured by the bets of a series of US interest rate hikes over the next year.

Business

Sydney FC can't dwell on FFA Cup loss

Tim Cahill says Melbourne City have eyed off the FFA Cup since pre-season as a way to break through for the club's maiden piece of silverware. "Nothing can be taken for granted - we are playing a very good team who are in very good form, a team that has started the season very well - but we do feel that the squad we have now is more competitive than it has been in the past".

Business

Azerbaijan Hopes Vienna OPEC Meeting to Result in Agreement on Oil Output

In the past, not all producers have complied with agreements on supply cuts, Sloup said. But Saudi energy minister Khalid al-Falih said there was now an "optimistic" mood about a deal being reached at the Vienna meeting. The pact is seen as a boon for US shale producers, who have developed techniques to pump crude at a price nearly as low as that of Iran and Iraq. One of the biggest OPEC concerns is that by cutting output it would simply hand over market share to non-OPEC competition.

Business

General Strike in South Korea Demands Impeach President

Ms Park faced growing calls to resign amid an investigation into whether she allowed a long-time friend to influence political decisions for personal gain. Three opposition parties, which jointly hold 55 percent of seats in parliament, and some members of Park's party are seeking to collect two-thirds of total votes to pass the bill as early as Friday.

Business

Mobile use drives USA holiday shopping gains

Smart Shopping Expert with www.splender.com, Trae Bodge thinks Cyber Monday will be the most exciting shopping day with some of the best deals of the year. Cartwheel, Target's digital app, started offering holiday deals including 50 percent off one toy per day on November 1. The fact that Cyber Monday reached a new record is no surprise.

Business

The Tealwood Asset Management Inc. invests in Mallinckrodt PLC (MNK) Shares

Jefferies Group reaffirmed a "buy" rating and set a $95.00 price objective (up previously from $85.00) on shares of Mallinckrodt PLC in a research report on Thursday, August 4th. ILLEGAL ACTIVITY WARNING: " Mallinckrodt PLC ( MNK ) Price Target Cut to $78.00" was originally reported by Community Financial News and is owned by of Community Financial News.

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Impact ready for hostile crowd in second leg

The Reds are playing for something even bigger than they were three days ago, when it still wasn't decided who'd host MLS Cup. Only the victor gets to do that. And don't put it past Vanney to change up formation to throw a monkey wrench in Montreal's preparations. "That's the reason they returned to this league and this franchise and this club", Vanney said of his Designated Players.

Business

Boil Advisory: Greater Ouachita Water Company

The town of Church Point announces that St. Jude Street will be under a boil advisory as a result of a broken main. JEA had issued the boil water advisory due to a water outage in the area. The SJWD advises the residents now impacted by a water main break to vigorously boil their water for one (1) full minute prior to consuming until otherwise notified by the District.

Business

The US Will Forgive at Least $108 Billion in Student Debt

After 25 years of repayments, the remainder of a loan is forgiven. "The life cycle of a student loan is exceedingly complex, with a multitude of projection paths and outcomes", McIntosh wrote. The other $29 billion will be written off because of disability or death, the GAO projects, the only other circumstances under which the government takes a loan off its books.

Business

Black Friday threatens Cyber Monday's reign as top online spending day

Mobile is looking to be as powerful a component of online sales for Cyber Monday as it has been throughout the weekend, with PayPal reporting double-digit growth in mobile payments in the first eight hours of the day. Data released earlier by the National Retail Federation showed relatively flat total retail sales for Black Friday , noting that 44 percent shopped online to 40 percent who went in stores.

Business

Black Friday & Cyber Monday 2016 by the numbers

Black Friday sales rose 21.6 percent to $3.34 billion, with purchases made on mobile devices contributing more than $1 billion in revenue, both record sales for the day. Adobe measures 80% of all online transactions from the top 100 USA retailers, more than any other technology company, and uses its proven predictive model powered by Adobe Sensei to forecast online sales and trends.


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