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Cabinet to consider appeal on €13bn Apple ruling

Both Apple and Ireland intend to appeal the EU's ruling. It concluded that Ireland violated European Union law by offering Apple tax benefits unavailable to other companies. "Ireland is being picked on and this is unacceptable", Cook told the newspaper, adding that bias against multinationals from the United States may have been a factor in the decision to impose the bill.

Business

Tropical Storm Hermine could impact NJ

Don't drive around them.This state knows what to do but you as an individual have to do your part". Significant rain also was possible in southeast Georgia, central to eastern SC and eastern North Carolina. Typically flood-prone areas, low lying areas, retention ponds, and small creeks and streams would be most likely areas of flooding. This is also possible with gusty winds in any squalls well away from the center .

Business

British Airways set to resume direct flights to Iran

BA said it will run flights six days a week from London Heathrow. The first BA plane to Iran, a Boeing 777, will depart from Heathrow at 9:10 p.m. Flights were initially due to resume in July but there was a delay in establishing the route.

Business

Forecast change: possible tropical impact for the weekend

Sustained tropical storm force winds and isolated tornadoes are possible along and southeast of a line from Cairo to Fitzgerald to Vidalia to Statesboro from late Thursday evening through Friday afternoon. However, upper-level winds in the northeast Gulf are also still rather rapid, creating wind shear that is negatively impacting the storm's ability to strengthen.

Business

Apple fined $14.5 billion for tax evasion by the EU

What sort of arrangement did Apple have with Irish authorities? The Commission's investigation concluded that Ireland granted illegal tax benefits to Apple , which enabled it to pay substantially less tax than other businesses over many years.

Business

Russian Hackers Might Be Trying to Manipulate U.S. Election Results

Reid stated that the Russian president could be the brains behind the tampering of the the upcoming U.S. elections. Meanwhile, in Arizona, the hackers attempted a security breach using malicious software but were not successful in doing so.

Business

Mylan Halves EpiPen Price After Being Savaged by Clinton

Mylan has increased the price of its EpiPen from about $57 a shot when it took over sales of the product in 2007 to more than $600 for two auto-injectors. Asked at a White House press briefing about the EpiPen price hike, spokesman Josh Earnest declined to comment specifically on the company's strategy.

Business

Transatlantic trade deal on brink as France urges end to talks

A poll in April showed public support for the trans-Atlantic pact had fallen sharply in recent years, to 18 percent in America and just 17 percent in Germany, the EU's largest economy. "There are still many within the European Union establishment who will vigorously pursue a TTIP deal and who may be willing to park the negotiations for a period with the intention of simply returning at a more opportune time", Carthy said.

Business

Pernod Ricard Full-Year Profit Rises as Americas Sales Growth Doubles

Chief executive, Jean-Christophe Coutures says the domestic market continues to pose challenges because of high excise taxes and that it is damaging to our reputation that an American tourist can buy a bottle of Jameson in the United States for nearly half the price here - the home of the spirit.

Business

Analysts See Compelling Value in Spirit Realty Capital, Inc (New) (NYSE:SRC)

The stock's Dividend stands at 0.7 and Dividend Yield stands at 5.32 Percent. Most recently on 2/29/2016 the stock of Spirit Realty Capital, Inc (New) (NYSE:SRC) downgraded by Raymond James from Outperform to Mkt Perform. The Hedge Fund company now holds 20,433 shares of SRC which is valued at $273,802. BB&T Corporation (NYSE:BBT) after beginning at $38.19, closed at $38.33 by building up +0.63% in recent trading session.

Business

Dollar hits three-week high on solid jobs data

Fischer's comments were in line with remarks he and Fed Chairperson Janet Yellen made on Friday at a conference in Jackson Hole, Wyoming, indicating that the time to lift rates again was nearing. Other data showed that USA house price growth moderated in June but remained strong. MSCI's all-country world equity index was last down 0.44 points, or 0.11 per cent, at 417.6.

Business

Islamic State mouthpiece al-Adnani 'martyred' in Syria

One of the group's founder members, Adnani was born Taha Sobhi Falaha in the northern Syrian town of Banash in 1977. It did not provide any further details on when or how he died. "Al-Adnani was a legacy AQI member, a Shura council member, and the most publicly recognizable official in ISIL", the official said. Aleppo became the target city of foreign fighters, known as the "immigrants", especially with Adnani their contact and instigator for more terrorist operations in the west.

Business

Tesla planning upgrade to semi-autonomous Autopilot system

What the release 8.0 will bring will be announced later today. In a previous tweet , Musk said he would be posting additional information to the company's blog later in the day. I personally do not care much about autopilot. "I$3 t it will still be very cheap, and far cheaper than gasoline, to drive long-distance with the Model 3", Musk emphasized when he was talking about how the company would bill Model 3 buyers for Supercharging.

Business

Apple iPhone 7, iPhone 7 Plus

Another headphone rumour from Deutsche Bank analysts by way of Business Insider , suggests that Apple will include a special adaptor along with the iPhone 7 instead of a pair of headphones. Now the device also comes with a Lightning to 3.5mm jack adapter. "I would not use Bluetooth ..." The iPhone 7 variants will be priced at CNY 5288, CNY 6088 and CNY 7088, respectively, while iPhone 7 Plus variants would cost CNY 6088, CNY 6888 and CNY 7888, respectively.

Business

Salesforce.com, Inc. (CRM) Stock Slugged by Weak Q3 Outlook

Salesforce improved its non-GAAP operating margin again this quarter to 12.9%, its 9th straight quarter doing so, and also recorded net income of $229 million. Many Wall Street Analysts have commented on salesforce.com. Jefferies analysts had estimated deferred revenue of US$3.89 billion. Following the release of the earnings report, the stock was down 5.7% at $74.92 in the after-hours trading session.

Business

ObamaCare coverage options disappearing across country, report finds

Seven years ago, five insurers controlled "75 percent of the insurance market" in 34 states , which meant that more than five choices existed. That includes Pennsylvania, where Highmark Blue Cross Blue Shield wants to hike average premiums by more than 40 percent.

Business

Houthi delegation arrives in Baghdad for talks on Yemen

The Houthi stance came in an official statement carried by the group-controlled official Saba news agency on Sunday. In talks in Jeddah this week, U.S. The coalition intervened in March past year to support President Abedrabbo Mansour Hadi after the Huthis and their allies seized much of Yemen. The conflict escalated a year ago when Saudi Arabia and its Arab allies launched a massive military campaign aimed at reversing Houthi military gains and restoring Hadi's government.

Business

Australia sues Volkswagen for millions over emissions cheating

This software meant the cars produced lower nitrogen oxide emissions in a laboratory, but then switched to a different mode during normal driving conditions. In June, It agreed to pay up to US$14.7 billion to settle emissions-cheating claims with USA consumers and regulators. "This takes 45 minutes". The manufacturer is now seeking approval from the Department of Infrastructure and Regional Development for rectification of other affected vehicles across all brands.

Business

Pentagon warns Syria not to fly over U.S. and partner forces

Pentagon spokesman Captain Jeff Davis warned that "the Syrian regime would be well-advised not to do things that place them (coalition forces) at risk". In both instances, the United States tried to warn off the Syrians by relaying a message through the Russians that the planes were threatening USA or US -protected forces, Cook said.

Business

Facebook's Zuckerberg meets Lagos startups in first Nigeria trip

At CcHub, Zuckerberg met with developers such as Temi Giwa , who runs a platform called Life Bank that makes blood available when and where it is needed in Nigeria. The Vatican also released a communiqué that the two leading world catalysts talked about ways on using communication technologies "to alleviate poverty, encourage a culture of encounter, and to communicate a message of hope, especially to the most disadvantaged".

Business

Samsung delays Galaxy Note 7 shipments for quality control

Like the new Galaxy Note 7 , the Galaxy S8 is also expected to get an iris scanner, allowing users to unlock the device simply by looking at it. "Shipments of the Galaxy Note 7 are being delayed due to additional tests being conducted for product quality", a Samsung spokesman told Reuters .

Business

Irish government split over immediate appeal against Apple tax bill

He said anti-U.S. bias was "one reason why we could have been targeted", the newspaper reported. "I have been concerned that it reflected an attempt to reach into the USA tax base to tax income that ought to be taxed in the United States", Lew said of Tuesday's ruling by the EU's antitrust regulator.

Business

NZ dollar gains on signs of sturdy economy

The dollar pared gains, however, after the Chicago PMI index fell in August, and missed economists expectations. The dollar index was steady at 96.007 after pulling back overnight from a three-week peak of 96.255. The Aussie, often used as a proxy of China-related trades, edged up 0.3 percent at $0.7540 after probing a one-month trough of $.07490 on Wednesday in the wake of an overnight slide in crude oil prices.

Business

Official survey: China factory growth at 22-month high

The headline rise from July matched the biggest month-on-month increase in the near 25 years of the survey, Markit said . Employers are expected to have added 180,000 jobs in August, according to the median estimate of 89 economists polled by Reuters .

Business

U.S. Bancorp (NYSE:USB) Analyst Estimates

Bancorp by 7.0% in the second quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 20,300 shares of the financial services provider's stock valued at $819,000 after buying an additional 1,700 shares during the last quarter. Several brokerages recently commented on USB. Valley National Bancorp (NYSE:VLY)'s shares are now trading -12.33% away from the 52-week high price of $10.86 and +17.29% far from the 52-week low price of $8.12.

Business

Hershey stock plummets 11% after Mondelez merger crumbles

An unfavorable de-rating Hershey shares are trading down in Monday's after-hours ($98-99 per share). The deal would have created the largest snacking company in the world, but Hershey has never been inclined to the offer even after turning down the cash and stock proposal back in June.

Business

Sanchez leads Blue Jays past Orioles 5-3

Well, Saunders did just what we feared he would: he hit a game-tying home run. I went down to Florida and I took it very serious. But I think him going back out for the seventh was absolutely the right call. Odor's 25th homer of the season was a drive to the hill beyond center field, ending Seattle closer Edwin Diaz's run of converting his first 11 save chances this season.

Business

LG Electronics cancelling orders with Hanjin Shipping

The possibility of Hanjin Shipping's liquidation can't be ruled out, though a court will determine its fate, said Yim Jong Yong, chairman of South Korea's Financial Services Commission, in comments e-mailed by the regulator. Industry estimate shows that a shipping company would need to spend about 1.5 trillion won to establish lucrative deep-sea route. As of June, Hanjin Shipping's corporate bonds totalled 1.19 trillion won.

Business

Apple to Fight $14B European Tax Crackdown

Levin said European authorities understandably wanted to tax the earnings for Apple , which manufactures the popular iPhones. This is illegal under European Union state aid rules , because it allowed Apple to pay substantially less tax than other businesses.

Business

FIFA former president Blatter attends hearing in Lausanne

He left nearly 15 hours later. The 80-year-old, who ran Federation Internationale de Football Association for close to 20 years, says the payment in question was legal in Switzerland, where it took place. World football's former most powerful man said he would respect the CAS decision, which should be delivered within weeks. Platini arrived for Blatter's hearing around midday local time to be a witness and left four hours later.

Business

Asian stocks rise with European futures as Fed bets buoy dollar

But we choose the pace on the basis of data that are coming in", Fischer said in the interview. The dollar has risen since Friday as Fed officials have hinted that at least one interest rate increase could happen later this year. Apple Inc was the largest weight on United States stock indexes after antitrust regulators ordered the company to pay about $US14.5 billion ($A19.3 billion) in back taxes to the Irish government, but gains in bank shares partly offset the decline.

Business

Cleveland 5, Twins 4 (final)

Dozier homered on the game's first pitch, but the Twins dropped their 12th straight game Tuesday night, 5-4 to the Cleveland Indians . Eddie Rosario hit the only other extra-base hit of the game for the Twins-also a double. After the Twins tied it at 1 with a solo home run by Max Kepler , Santana answered the Twins with a solo shot of his own in the fourth, his 28th of the season, which marks a career-high for a single season.

Business

NZ dollar falls against stronger greenback

The U.S. dollar extended gains against a basket of major currencies after a report by a payrolls processor showed U.S. private employers added 177,000 jobs in August. All eyes are on Friday's U.S. August non-farm payrolls report but investors will first digest the ADP employment data and the Chicago purchasing managers' index (PMI) due later on Wednesday.

Business

French PM On Burkini: Naked Breasts Represent France Better Than A Headscarf

The bans grew increasingly controversial as images circulated online of some Muslim women being ordered to remove body-concealing garments on French Riviera beaches. These included security after a string of terror attacks in the country and elsewhere in Europe, a risk to public order and France's rules on secularism in public.

Business

News, gossip website Gawker.com to shut down next week

Gawker Media founder Nick Denton told staff at Gawker .com on Thursday that the site will be shutting down. Those working at Gawker .com will be given jobs at the websites being sold to Univision or elsewhere in that company, according to the post.


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