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UK Volkswagen owners seek compensation over emissions scandal

But by the time you add in the cost of legal fees, the loss of VW sales, and the huge chunk of change that Volkwagen will soon shell out to a marketing firm to begin its inevitable U.S.re-branding campaign, the scandal could cost the automaker $25 billion in the US alone .

Business

Rejig At Flipkart: Binny Bansal Now Group CEO, K Krishnamurthy CEO

Krishnamurthy, who was currently heading the Category Design Organisation, will now be responsible for operationally driving Flipkart and will be responsible for Flipkart profit and loss (P&L), the company said. There is no denying that ecommerce firm Flipkart is the biggest Indian startup in many years with a market value of Dollars 5 billion as of November 2016, according to worldwide agency Morgan Stanley.

Business

This Netflix game will have you binge-playing with your favourite characters

Netflix's new endless runner featuring four characters from its original series is the latest project from one of its creative teams. Gizmodo reports the game was made previous year, and it looks like the "simplest, cheapest version of 'Super Mario Run .'" Nevertheless, fans would surely love dashing through the worlds of their favorite shows.

Business

McDonald's sells China business in deal worth up to $2.1 billion

McDonald's has about 2,200 stores in China, and about a third of them are already franchised. "As such, the market for Western Quick Service Restaurants is expected to continue to grow rapidly". "China and Hong Kong represent an enormous growth opportunity for McDonald's ", said CEO Steve Easterbrook. Customers in China could also see changes soon.

Business

North Korea again threatens ICBM launch, blames US

In its turn, North Korea's Korean Central News Agency (KCNA) reported on January 5 that the preparation to the test of an intercontinental ballistic missile in North Korea is on the final stage . North Korea's ICBM, with a range of 5,500 miles, could cause devastation if launched at the US. However, experts say it will take Pyongyang several years to ideal the technology and use it in a war.

Business

China's forex reserve drop narrows in 2016, pressure remains

Some analysts estimate it needs to retain a minimum of $2.6 trillion to $2.8 trillion under the International Monetary Fund's (IMF's) adequacy measures. But he noted that in recent months, China has been stepping up its policing of outflows. The Economic Information Daily reported that Yu Yongding, a former member of the central bank's Monetary Policy Committee Yu Yongding said the pressure from outflows will persist this year and China can not let its yuan currency depreciate more than 25 ...

Business

Four Israeli cadets die in truck attack

Jerusalem Mayor Nir Barkat called on residents not to "let terror win" and said militants would "pay a heavy price". According to the IDF spokesman, an additional two cadets were seriously wounded, and 15 other officers and cadets sustained less severe wounds.

Business

Cuomo Pushes For Early Voting, Same-Day Registration

The proposals are part of what Cuomo is calling the Democracy Project, and include early voting and both automatic and same-day voter registration. Governor Cuomo says since NY is one of the only states without early voting, early voting would require every county to offer residents access to at least one early voting poll site in the 12 days that lead up to Election Day.

Business

Unrest over Mexico gasoline price hike erupts into looting

The price hike is part of a gradual year-long deregulation of the energy sector, and comes as Mexicans are already battling rising inflation and a weak currency. The increases took effect as the government ends regulated prices for gasoline and diesel, which it says represented subsidies that unduly benefited wealthier Mexicans.

Business

ROE of Valero Energy Corporation (NYSE:VLO) stands at 10.8

Finally, Citigroup Inc. upped their price objective on Valero Energy Corporation from $58.00 to $61.00 and gave the company a buy rating in a research report on Wednesday, October 19th. If you are viewing this news story on another site, it was stolen and republished in violation of United States & worldwide copyright & trademark laws.

Business

Fiat Chrysler Spends $1 Billion on U.S. Amid Trump Squeeze

The Jeep Wagoneer and Grand Wagoneer (details here) will be built in MI, the pick-up truck will come out of the FCA facility in Ohio. He recently attacked GM for producing one of its vehicles in Mexico and has threatened tariffs on imported cars.

Business

Dems Call for Conflict-of-Interest Investigation on Price

The problem for Democrats now, however, is that they aren't going to be the majority party in Congress when President-elect Donald Trump assumes office. But while frustration over Garland's nomination might be understandable, what Schumer suggests - leaving a Supreme Court seat open for four years - would be unprecedented .

Business

Waymo, Fiat Chrysler announce first self-driving minivan

During the keynote, Krafcik talked about how they have lowered the cost of LIDAR sensors over the past few years that they have been working on self-driving cars. That suggests the Lidar sensor costs around $7,500, which is still much too expensive for any traditional production vehicle to absorb, but it's significant progress that will likely improve at scale.

Business

Worth Watching Stock: Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

The stock price of firm is moving up from its 20 days moving average with 14.89% and remote isolated positively from 50 days moving average with 15.08%. While looking at the Stock's Performance, Walgreens Boots Alliance, Inc. now shows a Weekly Performance of -0.67%, where Monthly Performance is -2.32%, Quarterly performance is 3.61%, 6 Months performance is 4.09% and yearly performance percentage is 6.21%.

Business

Jack Del Rio Explains Why He Didn't Make QB Change

It's going to be very crucial to control the clock and move the chain against a very tough Texans defense. Once upon a time, Oakland was a perennial playoff contender, reaching the postseason 15 times - including three Super Bowl championships - between 1965-1985.

Business

J.R. Smith's wife gave birth to baby girl five months early

Her name is Dakota and she weighs one pound, ' she told the camera in the video posted to Uninterupted, the platform created by Smith's teammate Lebron James . "That's why we chose to share what we've been going through with you guys". The Smiths announced on Uninterrupted in October that they were expecting.

Business

Iraqi forces reach the Tigris River in Mosul

Forces of the Iraqi Counter-Terrorism Service (ICTS) "took control of the eastern side of the 4 bridge over the Tigris River on the eastern bank", Iraq's war media cell of the Joint Operations Command said in a statement published Sunday evening.

Business

NFL Playoffs 2017: Wildcard Sunday Edition

In addition to the predictions by the experts at ESPN , the latest National Football League odds from Vegas Insider were also used as reference points. With a start against the Lions on Saturday night, Wilson would join JOE FLACCO (2008-12) as the only quarterbacks in the Super Bowl era to start a playoff game in each of his first five seasons beginning with his rookie year.

Business

Prince Harry takes Meghan Markle to Tromso in Norway for first holiday

They were told that the Northern Lights are "at their best right now". Staying with Harry's friend Inge Solheim in the town of Tromso, the couple set aside two full nights to take in the spectacular Aurora Borealis, and also undertook such excursions as whale watching, dog-sledding and some remote dinner dates.

Business

From 'hot-headed' boy to leading scorer, Wayne Rooney's incredible United career

However, although the England worldwide may well move on in the summer, for the meantime, it seems as if Rooney is trying to prove a point to his new Portuguese manager . It was Rooney's 249th United goal as he matched a 44-year-old record. Despite Rooney's scoring bursts, his goals have not come at the fastest rate.

Business

Career High Ranking for Ana Konjuh in Finals Loss

It is also the second WTA final for Davis, though she has never won a tournament. Davis got on top of her worn out foe in the second half of the match, securing the second set before marching towards victory in the third. "The feeling is indescribable, it's definitely an incredible feeling to win my first WTA title at my favourite tournament", the Florida-based Davis said in an interview.

Business

The 2016 National Football League playoffs viewed through win probability

The NFL playoffs finally start. That's a bad recipe to take into a road playoff game against a Texans squad that has the league's No. 1 overall defense and that plays well at home. Two of the playoff game predictions are unanimous, with the Seattle Seahawks picked to beat the Detroit Lions and the Pittsburgh Steelers favored to easily beat the Miami Dolphins .

Business

Sunny And Cold Today, Down To 20 Tonight

Calm wind becoming north around 6 miles per hour in the afternoon. A wind chill advisory is in effect for the area until 10 a.m. Friday , with wind chill values approaching 20 below zero north of a line from Waukesha to Madison to Mineral Point, the National Weather Service said.

Business

Families Can Soon Use Food Stamps for Online Groceries

Online grocery still represents only a small portion of the overall at-home food category but it is growing faster due to the success of companies such as Amazon and others. For some vendors, the pilot program is pretty limited. Later that year in July, Diaz participated in a conference on Capitol Hill to address the need for technological advancements for SNAP benefit users with Ohio Rep, which eventually led to sending a letter to USDA Secretary Tom Vilsack, urging his department to select ...

Business

Closing time for The Limited stores

But this isn't goodbye . Limited Stores, founded in 1963, was bought in 2010 by private equity firm Sun Capital Partners. In Northern Virginia, the store had locations in Pentagon City, Tysons Corner Center, Fair Oaks Mall, and Potomac Mills.

Business

Walt Disney Company (The) (DIS) EVP Brent Woodford Sells 2000 Shares

Douglass Winthrop Advisors LLC boosted its position in Walt Disney Company (The ) by 48.0% in the second quarter. NextEra Energy, Inc. (NYSE:NEE) shares now have a mean rating of 1.80 while 11 analysts have recommended the shares as "BUY", 5 commented as "OUTPERFORM" and 2 commented as "HOLD".

Business

The Wonderful Reason The Obamas' Swing Set Has Left The White House

Donald Trump's daughter Ivanka Trump has also bought a new home in the area with her husband Jared Kushner, where they will be a few blocks away from the Obama family. The set had belonged to President Barack Obama's daughters, Malia and Sasha, and was placed there in 2009. A source within the Obama administration tells CNN that they offered Trump and his family the swing set, but the incoming President declined.

Business

World Asset Management Inc Increases Stake in Anheuser Busch Inbev SA (BUD)

Vetr cut shares of Anheuser Busch Inbev SA from a "buy" rating to a "hold" rating and set a $137.94 price target on the stock.in a report on Wednesday, September 28th. During the same quarter in the prior year, the company earned $1.02 EPS. The average volume stands at 2373.65 for Anheuser-Busch InBev SA/NV. Anheuser Busch Inbev SA (NYSE:BUD) last issued its quarterly earnings data on Friday, October 28th.

Business

WiFi, Internet service in all NYC subway stations January 9

The Democratic governor announced Thursday that AT&T, Sprint, T-Mobile and Verizon Wireless will be present across all underground stations as of January 9. "This audit shows that New York City is moving into the future, that we can be underground but don't have to disconnect from the world", said Stringer in a press statement .

Business

China's Central Bank Weighs in on Bitcoin Price Rollercoaster

The PBOC said in a notice that as the cryptocurrency's price has showed abnormal fluctuations, it prompted its officials to meet representatives of Shanghai-based BTCC , one of the biggest bitcoin exchanges in the world. But as it has become more alarmed, it has started to expand the controls to individuals. They also requested BTCC to fulfil "self-inspection" according to the law.

Business

Highest gas prices in three years forecast for 2017

That's up 4 cents from last week. Motorists are seeing higher prices at the pumps in New Jersey. Similarly, expect the aggressive escalation that they saw for retail gasoline prices through much of December to stall out in the final week of the year, ” Gregg Laskoski, senior petroleum analyst for GasBuddy, said.

Business

Long Island About to Get Walloped by Powerful Snowstorm

This will result in some blowing and drifting of snow across open areas of Eastern LI and SE CT this afternoon and evening. Individuals who will be traveling are urged to exercise extreme caution as visibility will be reduced to one-quarter mile or less throughout the late morning and afternoon.

Business

British Airways says flights to operate next week despite strike

Passengers affected by Heathrow flight cancellations will be notified and offered alternatives, the airline said. The dispute concerns about 4,000 staff - some 15% of BA's cabin crew - who have joined the airline since 2010 on "mixed fleet" contracts and who do not feel they are paid enough.

Business

Hot Stock seeking Investors: American Eagle Outfitters, Inc. (NYSE:AEO)

Historical Quarterly Earnings: Last quarter, American Eagle Outfitters, Inc. generated almost $940.61M in sales and net income of $0.41/share. (NYSE:AEO) puts the stock on today's active list. 12/01/2016 - American Eagle Outfitters, Inc. had its "mkt perform" rating reiterated by analysts at FBR Capital Markets. In the duration of 12 months American Eagle Outfitters's share price has decreased by -2.63% to 15.2 from 15.61.

Business

Alexion Pharmaceuticals, Inc. (ALXN) Lowered to "Buy" at Vetr Inc

Jefferies Group decreased their target price on Alexion Pharmaceuticals from $140.00 to $120.00 and set a "hold" rating for the company in a report on Friday, September 23rd. Another insider trade includes General Counsel Moriarty (John B) who also initiated a transaction in which 1044 shares were traded on 11 Dec 2016 as "Sell".


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