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Business

Allergan quarterly loss widens

Allergan Plc posted second-quarter profit that beat analysts' estimates as sales surged for its blockbuster wrinkle treatment Botox. Driven by these drugs, the company's USA specialized therapeutics revenue rose 10% in the second quarter to $1.49 billion.

Business

Rebel Forces Push To End Government Siege Of Northern Syria's Aleppo

Only 35 doctors remain in the city and over 100 people are in need of medical evacuation, SAMS Aleppo Coordinator Dr Abo El-Ezz said in a statement. "Days ago, I was only thinking about how to get a bite to eat", said Ahmad Adna, a 46-year-old resident of eastern Aleppo . The Syrian army recaptured military positions the rebels had stormed earlier on Saturday in northern Syria , according to pan-Arab Al-Mayadeen TV and a military source .

Business

Japan marks 71st anniversary of Hiroshima bombing

She said she hoped more world leaders would visit Hiroshima following Barack Obama in May, the first sitting USA president to do so. On Aug. 6, 1945, the USA dropped " Little Boy " on Hiroshima , the first nuclear weapon used in war. He called on leaders from all nations to visit Hiroshima and Nagasaki to "etch the reality of the atomic bombings in each [leader's] heart". "That day, I saw the city (of Hiroshima ) burning red at night".

Business

U.S. women's rugby loses opening match to Fiji

The Fijians had earlier produced the first upset of the tournament with a 12-7 defeat of the United States . And even though they were then smashed by gold medal-favorite Australia 36-0, they should beat winless Colombia on Sunday to secure a playoff spot.

Business

Oil edges higher in Asia but U.S. crude stays below $40

Prices had retreated as much as 23% through Monday when oil plumbed four month lows below $40 a barrel. Standard Chartered bank said there was "no fundamental justification for recent oil-price falls" and "the global oil market has rebalanced, and USA crude supply and inventories are expected to fall".

Business

Rio 2016: Nigeria defeat Japan in a 9-goal-thriller !

Both teams are in Group B. The game took place on August 4 at the spectacular Amazonia Arena in Manaus. They aren't the youngest players on the team, though. Takumi Minamino was able to receive a pass and go one-on-one with Nigeria's goalkeeper and shoot the ball between the keeper's legs to tie the game once again.

Business

Aetna Cancels its Expansion in Health Insurance Exchange

Two massive mergers have been attempted, with Anthem ANTX looking to purchase Cigna CI for $54 billion and Aetna attempting to buy Humana HUM for $37 billion . The pullbacks by UnitedHealth and Humana , in addition to Aetna's possible move, will likely sharply increase the regions with limited or no competition among insurers on the exchanges.

Business

Construction adds 14000 jobs in July

Retail sector employment increased by 14,700 jobs and payrolls in the leisure and hospitality sector rose by 45,000. The professional and technical services added 37,400, well above its average pace of 23,800 over the a year ago. The year-over-year increase in the average hourly wage was 2.6 percent. That compares favorably to the 206,000 average for the 12 months ended July 31.

Business

Trump's Purple Heart comments are polarizing among area veterans

Trump's acceptance of the veteran's Purple Heart comes amid his feud with Khizr and Ghazala Khan, Gold Star parents whose son Humayun Khan was killed in action in 2004 while serving in Iraq, the Independent reported. "I put up a lot of money to fund my own campaign", he said. The authentic sentiment that Trump related was immediately overwhelmed by media blowback over his debatable phrasing.

Business

Majority rule: Women lead the way for Team USA

Du would then go head-to-head with Thrasher for the first gold of the Games. Once in Rio, she didn't flinch at the spotlight - or an air horn. Virginia Thrasher , a 19-year old American shooter, won the first Gold medal of the Rio Olympic Games, on Saturday.

Business

Constitutional Amendment Bill For GST Passed By Upper House Of Parliament

As the bill was likely to be passed by the Lok Sabha on Monday, the Centre is pushing for passage of the Bill during this month by state assemblies, especially those ruled by the BJP. The Government has already released the "Model GST Law", which contains comprehensive provisions with respect to the Central / State Goods and Services Tax (CGST / SGST) and the Integrated Goods and Services Tax (IGST), for public comments in June 2016.

Business

NZ dollar down after United States payroll surge

On Friday it inched down 0.1 percent to 95.676, having hit a five-week low of 95.003 at the start of the week. The U.S. dollar rallied across the board, hitting one-week peaks against the euro and the Swiss franc and turning positive versus the yen after the jobs data.

Business

Dutch cyclist Anna van der Breggen takes gold

Congratulations to you and @massivemel". Van Vleuten was well enough to provide an update on her condition on Twitter, insisting that she was "fine". "I rode it to the max". "I saw the 300-meters to go sign and I thought". On Sunday Lizzie Armitstead could only manage fifth in the women's road race and fencer Richard Kruse lost an incredibly close bronze medal match in the foil.

Business

France seeks relative of Charlie Hebdo killer stopped in Turkey

He is being detained in Bulgaria after being turned back at the Turkish border, the JDD added. Bulgarian authorities are yet to comment. A man holds a placard reading "I am Charlie" during a gathering at the Old Harbor in Marseille on January 7, 2015, following an attack by unknown gunmen on the offices of the satirical weekly, Charlie Hebdo .

Business

Virginia's Rep. Rigell Endorses Libertarian Johnson

Virginia Representative Scott Rigel has become the latest member of the GOP to buck against a Trump presidency as he announced he'd rather vote Libertarian. Rigell also vowed that he would leave the party and become an independent if Trump's campaign platform took hold in the party. Johnson has said his campaign's first and most important goal is to reach the polling threshold of 15 percent nationally, which, under the rules set by the Commission on Presidential Debates, would qualify him ...

Business

Rio 2016: Opening ceremony celebrates Brazil to open Games

Brazilian sailor Robert Scheidt, who has won two golds, two silvers and a bronze from five Olympic Games, took the athletes' oath on behalf of all competitors at the Rio Games. But if any city has needed the countdown to end in a hurry and the Games to begin, it is Rio. Brazilian soccer legend Pele announced prior to the opening ceremony of the 2016 Olympics on Friday that he would not be able to participate due to poor health.

Business

Mourinho dedicates Community Shield win to LVG

Penalties looked likely in London as the match petered out for a draw after Jamie Vardy pounced on Marouane Fellaini's attempted back pass to equalise seven minutes into the second half, cancelling out Jesse Lingard's stunning solo effort in the 32nd minute.

Business

Did Melanie Trump Come to the US Legally?

I travel every few months back to the country to Slovenia to stamp the visa . I applied for the citizenship later on after many years of green card. The article explains: "I$3 nstead of making sure those jobs go to Americans, he is seeking to import foreign workers for the positions, which pay $10.17 an hour for housekeepers, $11.13 an hour for servers, and $12.74 for cooks".

Business

Donald Trump mocks Hillary Clinton over 'short-circuit' comment

Among likely voters, Clinton bests Trump 51 to 44 percent. "If none of us on the Republican side are pushing back and saying that needs to change, I don't think it will change", Flake said. Organizers say they are in the final stages of discussions with Republican nominee Donald Trump's campaign. "How great is this". Former New York City Mayor Rudy Giuliani said on ABC's "This Week" that Trump's endorsements show he "has the ability and the understanding to realize that there are going to ...

Business

Nikkei rises in volatile trade after BOJ's easing; financials higher

CURRENCIES: In currencies, the dollar fell to 103.73 yen after closing at 104.79 yen on Thursday. The dollar was half a percent lower against a basket of its peers at 96.289, having hit set a 2-week low at 96.216. "But investors were disappointed with the result, they think it is not enough to prop up the economy of Japan", she said in an interview. Other economic headwinds in the euro zone are blowing in from Italy, which is expected to fare the worst in an annual stress test of the ...

Business

Obama: Payment to Iran wasn't ransom

But he offers no explanation as to how or why he apparently confused the videos. Trump has made criticism of the USA delivery of $400 million in cash via a plane to Iran - the first installment of $1.7 billion in payments related to a decades-old dispute settled at the same time Iran released four American prisoners - a staple this week on the campaign trail.

Business

Time Warner Q2 down on content costs

According to News site Recode , Hulu has been losing hundreds of millions of dollars every year, as per an estimate, and originally wanted to sell at least a 25% stake to Time Warner . But the service is adding a live TV option too, and with today's announcement it is getting a lot more channels. Time Warner and Hulu have announced a new deal that will make Time Warner a 10% owner of Hulu .

Business

US crude inventories rise unexpectedly as distillate stocks grow

US crude inventories climbed 1.41 MMbbl to 522.5 MMbbl in the week ended July 29 , leaving supplies at the highest seasonal level in decades, EIA data show. Oil prices edged up early on Wednesday, supported by a weaker dollar, but U.S. crude futures remained below $40 (Sh4,058) per barrel and Brent was below $42 as ongoing fuel oversupply and stuttering economic growth weighed on markets.

Business

UK opens corruption probe into Airbus jet sales

European planemaker Airbus said it was aware of the probe and the aviation firm was working with investigators. It added that it would closely follow other United Kingdom government agencies' investigations and "respond accordingly". That process is separate from the fraud investigation. Airbus has its headquarters in Toulouse, France, and has major United Kingdom operations at Filton, near Bristol, and Broughton in north Wales.

Business

Tesla misses earnings, but comes close on deliveries

This means the company delivered more vehicles than its prior forecast when its issued production update in July. Notably, Tesla had set a target to deliver 80,000 vehicles this year. Musk explained, "It's not going to take over the world ". USA safety regulators are investigating a fatal Florida crash in May that involved Tesla's Autopilot driver-assistance features.

Business

Hall of Fame inductees honor mentors and old teammates

I know my son, he has it in him'. Those guys could not have been more important at that time in my career. My chest kind of swoll up. I never forgot that statement, that comment he made to all those other coaches. Typically, though, Brett Favre came in and saved the day late. We were in the '80s trying to decide whether we could make coaching a career or not.

Business

A Private Company Just Got the OK to Travel to Moon

While proposals to land on Mars must allay concerns about disturbing any possible life, the lifeless moon has nothing that Earth-borne microbes could hurt. While the USA government has approved Moon Express for one landing, it will continue to address future requests on a case-by-case basis until space laws can be passed that govern the practice.

Business

Rio 2016: Ledecky sets Olympic record in 400m free preliminaries

And, look out world. In the 400m and 800m freestyles later this week, she nearly surely will win. "It's just insane that I've been able to swim two seconds faster than anyone else ever did", she told reporters . Let us count the ways. The men's splash-and-dash - 50m freestyle - is a mad sprint down one length of the pool. In that race, she was 0.64 seconds behind her world-record pace at the halfway point before narrowing the gap to 0.03 seconds with 50 meters to go.

Business

Bank of England cuts interest rates to 0.25%

Minutes from the MPC's meeting said that if economic news proved consistent with the Bank's latest forecasts then "a majority of members expected to support a further cut in Bank Rate to its effective lower bound at one of the MPC's forthcoming meetings during the course of the year".

Business

Tesla Motors sees mind-blowing technology - but not yet

Revenue at the California-based company climbed to $1.27 billion in the second quarter from $955 million a year ago. The company's net loss widened to $293m, or $2.09 per share, in the second quarter, from $184.2m, or $1.45 per share, in 2015.

Business

Tesla Model 3 Edges Closer to Reality

Reducing the two third-quarter payments from the mid-year cash balance would leave Tesla with $2.1 billion. The 13-year-old company has only reported one profitable quarter, in 2013. This compact SUV will be based on the same chassis as the Model 3 luxury sedan that the company revealed in April. After taking in so many reservations, Tesla accelerated its production plans for the Model 3 .

Business

United Kingdom services PMI contracts for first time in over 3 years

Separately, the China Federation of Logistics and Purchasing, an industry group, said its PMI edged down to 49.9 in July from 50 in June. The index was below the key 50 percent line for the first time since February. Financial data company Markit said its monthly all-sector Purchasing Managers' Index chalked up the steepest month-on-month decline on record after big falls in activity at private-sector services, manufacturing and construction firms.

Business

Two California infants born with Zika-related birth defects

Health officials said the California Department of Public Health is actively monitoring all pregnant women with Zika infection in California. This week, the CDC awarded more than $16 million in grants to 40 states and territories to create a system to monitor and provide health services for infants born with the condition and their families.

Business

Tesla's Confirms Compact SUV Model Y Will Be Its Next Release

Tesla finished the second quarter of 2016 with $1.56 billion Dollars in sales and with an adjusted loss of $1.06 USD per share. Tesla said the loss in the quarter using standard "generally accepted accounting principles", or GAAP, equaled $2.09 a share and compared with a loss of $1.45 a year earlier.

Business

You provoked these North Korean missile tests

South Korea referred to the launch as North Korea's way of showing its ambition to broadly and directly attack neighboring countries and target South Korean airfields and seaports. The U.S.is set to circulate the draft statement to UN Security Council members, but whether Beijing will agree remains a question. The request was endorsed by council members Britain, France, Malaysia, New Zealand, Senegal, Spain, Ukraine and Uruguay, while China, North Korea's only ally, and Russian ...


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