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US, South Korea, Japan Launch Joint Military Drills Amid DPRK's Missile Tests

Under such circumstances there would be massive outcry, not just from the USA government, but the population at large. Previously, the United Nations imposed sanctions on North Korea for three nuclear tests it carried out in 2006, 2009 and 2013.

Business

Toshiba shares plunge 8% on second earnings delay

The company plans to review the positioning of its US nuclear power unit Westinghouse and "aggressively consider strategic options for it", the company said in a regulatory filing. Toshiba is reeling from the multibillion-dollar writedown of its nuclear power business, with the company considering the sale of a majority stake in its prized memory chip business to help restore its finances.

Business

Intel snaps up self-driving tech firm Mobileye in $15B deal

Mobileye , founded in 1999 and based in Jerusalem, specializes in creating chips and software for autonomous vehicles, including data analysis and mapping. Although shares of Mobileye initially shot up roughly 30% Monday (March 13) morning, the market didn't seem particularly enthused by Intel's plans, with its shares later dropping about 2% ($0.65).

Business

A robust February jobs report points to resilient USA economy

While the monthly employment numbers are typically volatile, Statistics Canada said that, in the 12 months to February, Canada saw a net gain of 288,000 jobs with most of the increase coming in the last six months of 2016. VIX, the S&P 500 Volatility Index, (NYSEARCA:VXX) remains in a long, sideways trading range, closing Friday at 11.66 and below the 20, 50 and 200 day exponential moving averages as complacency continues to rule US markets.

Business

Pennsylvania Real Estate Investment Trust (NYSE:PEI)

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Business

Assembly elections: 'Fed up' Irom Sharmila calls it quits

Her popularity in the state started eroding the day she made a decision to end her fast past year. On her birthday, one can only hope that Manipur remembers what the fearless fighter did for them and quickly forgets her political misadventure.

Business

Assembly elections 2017: N Biren Singh is BJP's Manipur pick

The 76-year-old governor, who has served as deputy chairperson of Rajya Sabha when in Congress and as minister of minority affairs in the BJP's Narendra Modi government, is yet to invite any party for government formation. As per the reports, 27 Congress MLAs are camping at the residence of party MLA N Loken Singh in Imphal . The party decision was announced in the presence of two union ministers - Piyush Goyal, Power Minister, and Prakash Javadekar, Human Resource Development Minister.

Business

All restrictions on cash withdrawal from bank accounts removed from today

The currency travels between these chests and the RBI. The RBA has also indicated that the system - which is being built by Fiserv and Swift - will enable banks to ditch BSBs and account numbers in favour of a single identifying number for receivers of payments.

Business

Intel buys MobilEye for a cool $15.3 billion

Intel has confirmed a deal to acquire self-driving technology company Mobileye as it gears up plans to put a fleet of autonomous vehicles on the road this year. It seems that the USA chipmaker giant, Intel , is planning to step up its game as it was recently reported that the tech giant is acquiring Israeli company, Mobileye .

Business

Mother, daughter fought to stop Girl Scouts cookie money thief

A mother and her daughter were robbed as they sold Girl Scout cookies outside a Wal-Mart store in SC. "You get to meet new friends", said Girl Scout, Angelene Covault. When Spann realized the woman was stealing the money, she tried to take the box back. Spann said she didn't have any major injuries, but her hand was in some pain and she has a compression fracture in one vertebra.

Business

NCAA Tournament 2017: 11 tips for filling out the best bracket

Does the glass slipper fit? Which squad is the dark horse candidate? Favorite: UCLA is a No. 3 seed, but they've got No. 1-style talent and scoring. He has served as the head coach for Duke University since 1980 and the team has had 12 Final Fours under him. If analyzing RPI and strength of schedule isn't for you, there are plenty of other numbers to consider.

Business

Atlanta Fed names Bostic president; first African American regional bank head

Bostic, who served from 2009 to 2012 as assistant secretary at the U.S. Department of Housing and Urban Development in the Obama administration, helped to formulate policies responding to the deepest recession since the 1930s. The job involves overseeing about 1,700 employees in the Atlanta region - Alabama, Florida, Georgia and parts of Louisiana, Mississippi and Tennessee - and participating in monetary policy deliberations in Washington.

Business

Intel is buying Mobileye's self-driving auto firm for $15 billion

Intel SVP Doug Davis is overseeing how the two companies will coordinate together. Mobileye makes up 70 percent of the global market for driver-assistance and anti-collision systems . "Many of you have asked why we think autonomous cars and vehicles are so important to Intel's future". Intel and Mobileye have already collaborated in a project with BMW Group.

Business

Valeant Pharmaceuticals: Bill Ackman's Pershing Square is Officially Out!!!

Stock has got OUTPERFORM rating from no analyst of Thomson Reuters, 13 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. Royal Bank of Canada lowered their price objective on Valeant Pharmaceuticals Intl from $29.00 to $22.00 and set a sector perform rating on the stock in a research note on Tuesday, February 14th.

Business

Behind NYC's "Fearless Girl" statue are 2 corporate giants

But James said that given the "huge gender gap" on corporate boards - she cited data showing almost 60% of publicly traded companies have no women on their boards - the city should keep the little girl for the long haul, as a "symbol of feminism and equality".

Business

Unwilling to wait, Minneapolis liquor store opens doors for Sunday sales

Surdyk disagreed, saying on Sunday that "the governor signed the bill, so as far as I'm concerned, it's free game". "He was advised, both by phone and again in person, that allowing his store to be open for liquor sales on Sunday was in violation of the law", a statement form the city said.

Business

CBO: Millions would lose coverage under GOP healthcare plan

Trump also said the Republican bill, which gets rid of Obamacare's subsidies in 2020, would "take a while" to lower health care prices. House conservatives vowed to block the bill as "Obamacare Lite" unless there are more restrictions, even as a Republican, Sen.

Business

USA jobs report signals Fed will raise interest rates

The Fed is also likely to make an adjustment in its "dot plots" to suggest a fourth rate hike this year and raise both the growth and inflation forecasts in the summary of economic projections (SEP). If anything, market analysts, economists, and Fed officials tout the possibility of stronger economic growth, resulting from the possible impact of USA tax cuts and infrastructure spending, or the run-up in household wealth from rising stock and real estate values.

Business

Fintech firm Misys to merge with Canada's DH Corp

Misys made no reference to its recent IPO plans in its own version of the announcement. D+H, based in Toronto, provides payments, lending and regulatory compliance technology to banks. Nadeem Syed, CEO at Misys , adds: "The complementary nature of our two organisations combined with our robust domain expertise and strong leadership means that we will be able to bring even more value to our clients through our expanded offerings".

Business

President Donald Trump to make first MI visit as President this week

Air Force One is expected to land Wednesday morning at Willow Run and the President will then speak about the auto industry. Reuters sources said Trump was scheduled to visit an autonomous vehicle testing facility in Detroit and meet with chief executive officers of several automakers who want the rules changed.

Business

Gordmans, With Location In Burnsville, Files For Bankruptcy

Bloomberg reported Monday that Gordmans filed for bankruptcy after posting losses in the five of the six past quarters. Gordmans also announced an arrangement for the sale and liquidation of the inventory and other assets of Gordmans' retail stores and distribution centers with Tiger Capital Group, LLC and Great American Group, LLC.

Business

H & R Block Inc (HRB) Stock Rating Reaffirmed by BMO Capital Markets

H&R Block, Inc . got Downgrade on 16-Nov-16 where investment firm Morgan Stanley Downgrade the stock from Overweight to Equal-Weight. Perhaps, that suggests something about why 1.52% of the outstanding share supply is held by institutional investors.

Business

ROUNDS: GOP committed to affordable health care

As for Speaker of the House Paul Ryan's message to Republicans? In his CBS interview, Ryan suggested that the insured rate would drop because, without the mandate, people would be more free to choose life without health insurance. "They're basically going to fix the flaws and put a more conservative box around it". Ryan insisted that despite slashing funding for Medicaid and vastly reducing the assistance low-income people receive for paying insurance premiums, that health insurance ...

Business

Why so few are anxious about likely Fed rate hike this week

Janet Yellen, the current Fed Chair said in her March 3rd speech that that this hike is going to be discussed in the meeting of Open Federal Committee on 14th-15th March if the economy stays constant. Job creation, unemployment and inflation have all approached the Fed's targets and President Donald Trump has pledged to bolster productivity and jobs through a major programme of spending on United States infrastructure.

Business

Wood group swallows AMEC Foster Wheeler

Four members of the Amec Foster Wheeler Board will join the board of the combined company. Wood Group is to take over global energy services provider Amec Foster Wheeler . The acquisition follows a recent drop in Wood Group's revenue, which coincided with cuts in staff. Marchant suggested the deal with AMEC will help alleviate those losses.

Business

Rent falls for the first time since late 2010

While in Great Britain there were 5% more tenants looking for a home than at the same time as last year, London (-3%) and the South East (-5%) both had fewer tenants looking than last year. The slowdown in average rental growth is driven by a fall in the number of tenants looking for a home combined with higher numbers of homes available to rent in London and the South East.

Business

Maine's jobless rate for January dips to 2001 level

The seasonally adjusted national unemployment rate in January was 4.8 percent. Seven major industry sectors reported employment gains, while four sectors declined. Nonfarm payroll employment data are collected and compiled based on the Current Employment Statistics (CES) survey, conducted by the Vermont Department of Labor.

Business

The Vail Resorts, Inc

The Company's Board of Directors approved a 30% increase in the quarterly cash dividend to $1.053 per share from $0.81 per share beginning with the dividend payable on April 13, 2017 to stockholders of record as of March 29, 2017. A number of institutional investors have recently modified their holdings of the company. The original version of this article can be viewed at [[permalink]].

Business

Iceland Lifts Capital Controls to Prevent Boom-Bust Cycle in Economy

The a year ago controls have been lifted by the government and Central Bank of Iceland, with what they've said has been: "incremental, measured process that focused on protecting the currency, addressing a balance of payments problem and tempering shocks to the Icelandic economy".

Business

A Carnival Cruise Ship Almost Hit Some Jet Skiers

Vacationers leaving from the port watched as their cruise ship inched closer to the nail-biting rescue, including Anthony Miglioranzi who recorded it. "I was limited in how far I could maneuver out of the way", Brown told Florida Today . That's an observer's play-by-play in a YouTube video now making the rounds after a very close call in Florida waters over the weekend.

Business

SSE to raise standard prices by average 6.9% from 28 April

The company, formerly known as Scottish and Southern, blamed the increases on renewable energy subsidies and the costs of installing smart meters. SSE is the latest of the "Big Six" providers to announce a price hike after last month nPower announced it will hike prices by almost 10% from 16 March, with approximately half of its 1.4 million customers set to be affected.

Business

Marissa Mayer to get $23 million severance

Yahoo previously had said that Mayer would resign from the company's board following the closing of the Verizon deal. "Today's filing represents an important step forward in the process of completing our transaction with Verizon", Yahoo said in a statement.

Business

Obama-appointed U.S. attorney fired by Trump after refusing to resign

Senate in September 2010, previously said he would serve in the role as long as he was welcome. Under normal circumstances, the assistant USA attorneys investigating de Blasio would not be affected be a change in leadership, said Bradley Simon, a criminal defense lawyer and former prosecutor in Brooklyn's Eastern District.

Business

Carlos the Jackal Is Going on Trial Again

Isabelle Coutant-Peyre, his defence lawyer and fiancé, said the trial was a waste of money and the court's time. "The civil parties demand justice", said Georges Holleaux, lawyer for the widows of the two men killed in the attack and other civil parties to the case.

Business

Trump Confident Obamacare Replacement Will Pass Shortly

He cites rising premiums under the "collapsing" current law. In one-third of America's counties, only one insurer provides coverage so competition is drying up under Obamacare, Barletta said. That fulfills a Republican promise to return more control to the states, as they can decide what their Medicaid plans must cover. Republicans have long said that we have to empower patients as consumers to spur competition and bring down costs.


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