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MI agrees to allot $87 million to replacing lead pipes in Flint

The settlement marks the end of a lawsuit filed previous year by Concerned Pastors for Social Action , the Natural Resources Defense Council , the American Civil Liberties Union and a resident of Flint, targeted at both city and state officials.

Business

Federal Budget to Include Gender Based Analysis

The government is carving out a couple of chunks of its massive infrastructure funding and setting them aside for the country's child care system and more affordable housing. The government is also looking to get students the skills and work experience required to kick-start their careers, Morneau said, as he described efforts to make it more affordable for adults to learn skills and to help the unemployed.

Business

Europe's Leaders Are Taking The Brexit Breakup Hard

Theresa May delivered her letter to European Council President Donald Tusk this morning, officially triggering Brexit. Britain triggered Article 50 of the EU's Lisbon Treaty, starting the two-year countdown to leaving, in a letter to EU President Donald Tusk in Brussels.

Business

Sonic Corp. (NASDAQ:SONC) To Release Earnings

Citadel Advisors Ltd Limited Liability Company accumulated 53,459 shares or 0% of the stock. Finally, Longbow Research downgraded shares of Sonic from a buy rating to a neutral rating in a research note on Friday, December 2nd. Sonic Corp. (SONC ) topped its 52-week high price target of 36.34 on April 6, 2016. Frank E. Richardson, III who owns 1,252,310 shares (2.85% of those outstanding), whilst W.

Business

UK says cabin ban on laptops to go into effect Saturday

British officials also cited intelligence reports . A British Prime Minister's office spokesperson said that the measures have been taken by the countries based on the "same intelligence the United States relies on". They can warn an operator of potentially risky material, and may provide better security than the X-ray machines used to screen passengers and their carry-on bags.

Business

Marathon Oil Corporation (NYSE:MRO) Analyst Coverage

Instinet also Downgrade the company to Neutral on 15-Dec-16, 2016. The company's quick ratio for most recent quarter is 1.50. It looks like traders are not happy with the stock. If you are reading this news story on another publication, it was copied illegally and republished in violation of global copyright law. A number of equities research analysts have recently weighed in on the company.

Business

Former Valeant CEO Michael Pearson sues drugmaker for breach of contract

Valeant Pharmaceuticals Intl now has an average rating of "Hold" and a consensus target price of $25.47. In fact, in order for Papa to even keep half of his paycheck, he has to almost quadruple Valeant's stock price. GLW's profit will be $324.53 million for 19.63 P/E if the $0.35 EPS becomes a reality. Thus the company showed an Earnings Surprise of 9.5 Percent. The stock's market capitalization is 3.71B.

Business

Traded Price Fluctuations to Observe: Regulus Therapeutics Inc.'s (RGLS)

Analysts have a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Piermont Capital Management Inc. now owns 166,104 shares of the biopharmaceutical company's stock valued at $548,000 after buying an additional 14,180 shares during the last quarter.

Business

Sears shares dive on doubt about retailer's future

They may be falling short. "Our historical operating results indicate substantial doubt exists related to the company's ability to continue as a going concern", Sears said Tuesday in its annual report for the fiscal year ended January 28.

Business

Kenyan woman pulled out of cab, assaulted in Greater Noida

The police said three FIRs were registered. Soon after the attack , the police have increased security in the area where several more African nationals reside. The protest march was taken out after the police released some Nigerians detained for questioning in connection with death of Manish, a class 12 student, due to "lack of evidence".

Business

Israeli Minister: The Bible - not Google - gives Israel moral right to land

The US assistance to Amman following the refugee spillover from the Syrian war "ensures that the Jordanian economy doesn't crumble under the stress of all those refugees coming in", she added. "This administration has put Iran on notice". "President Trump will never compromise the safety and security of the Jewish state", he said to warm applause.

Business

White House denies trying to silence evidence of Russian Federation ties

She said she has "heard the concerns some have with my advising the President in my personal capacity". "I believe that our Senate investigation has far more credibility than the house investigation has at this point", she said. I'll do something I've never done. "The House is off track and probably can't get back on track", he said. Asked whether he would recuse himself, he said, "The investigation continues".

Business

Amazon plans layoffs at Quidsi unit after losses

There are several brands today operated by the company, each focusing on a particular vertical - like Wag.com for pet items, YoYo.com for toys, and others. Quidsi was co-founded by Marc Lore, who stayed with the company for about three years after Amazon's acquisition. He sold Jet.com to Wal-Mart Stores for $3.3 billion previous year and now runs e-commerce operations for the world's biggest retailer and Amazon's top competitor.

Business

Lok Sabha passes all four GST Bills

The Parliament today debates the Goods and Services Tax (GST) bill which would bring the country under single tax net for the first time. Once these get the approval of Parliament, a State GST bill will be presented in state assemblies. Terming the GST bill to be a "revolutionary" bill, Jaitley said that it was going benifit all. The GST Bills in their present form were "not acceptable" to the Congress, but the party sought to tread cautiously to avoid being seen as against the tax reform ...

Business

Wolseley H1 Profit Declines On Impairment Charges; LFL Revenue Up 3.2%

Ferguson bought Murphy's family business, Midwest Pipe and Supply, in 1999. But earlier the firm announced plans to rename itself Ferguson, reflecting the dominance of a USA business which now provides almost 70% of group revenues 35 years after it first entered into the market.

Business

London attacker Khalid Masood acted alone, according to police

Authorities have carried out at least 21 searches and seized more than 2,700 items including "massive of amounts of computer data". The Islamic State group claimed responsibility for Wednesday's attack. The crowds at Trafalgar Square late Thursday brought messages of defiance, flags and flowers, and offered their condolences to officers who lost a colleague in the attack.

Business

GOP finger-pointing goes on following failure of health care bill

The prospect of repealing and replacing Obamacare has been so critical to Republican success, it is arguably responsible for hollowing out the Democratic Party. Asked if it were realistic for the House to try to revive its health care legislation, Sen. "At one point in time Paul Ryan said 'now this is constructive, this is what we need to be doing, ' " Weber continued.

Business

Toshiba's United States nuclear unit is bankrupt

Westinghouse has been hurt by cost overruns at two nuclear plants it is building in the United States, as well as challenging economics for new plants in organized power markets. Neither Toshiba or Westinghouse explicitly mentioned NuGen in their statements today, but the U.S. nuclear subsidiary said it: "remains committed to its AP1000 technology as the industry's premier Gen III+ nuclear power plant design, and will continue its existing projects in China as well as pursuit of other ...

Business

Updated Trading Report: Exact Sciences Corporation's (EXAS)

This represents a change from most recent open price of 2.45%. Intellectus Partners LLC acquired a new stake in EXACT Sciences during the fourth quarter valued at approximately $134,000. Following the completion of the sale, the senior vice president now owns 50,790 shares in the company, valued at $1,074,716.40. Canaccord Genuity reaffirmed a "buy" rating and set a $24.00 price objective (down from $27.00) on shares of EXACT Sciences in a research report on Wednesday, February 22nd.

Business

Joy, sorrow: People in UK, Europe react to Brexit triggering

The British Prime Minister will formally launch the process through a letter that will be hand delivered to European Council President Donald Tusk at around 12.30pm. Compared to trade terms on offer through WTO membership, a free trade agreement (FTA) normally secures broader and deeper market access for goods and services, indicating a significant gap in market access when compared to trading under the umbrella of the European Union single market.

Business

Penn National Gaming to buy 2 Tunica County casinos for $44M

It has outperformed by 9.93% the S&P500. Penn National Gaming, Inc. presently has an ROIC of 0.172876. The average volume stands around 1.45 million shares. Vanguard invested in 0% or 217,771 shares. Looking at the stock's movement on the chart, Penn National Gaming, Inc . recorded a 52-week high of $17.40.

Business

Pro-China leader for Hong Kong

Politicians across party lines in Taiwan said Sunday they hope the people of Hong Kong will have a right to choose their top government leader, as people here do. "I hope lawmakers can give positive feedback, for the benefit of Hong Kong , to afford some patience and time to Mrs Lam and her team". An emotional Lam, 59, bowed to supporters as it was announced she had won comprehensively with 777 votes against 365 for John Tsang, seen as a more moderate establishment figure.

Business

Republicans vote to end U.S. internet privacy

VPNs provide secure and encrypted connections between a user's Wi-Fi device and the VPN server, cloaking their browsing history and preventing intrusions into their private information. In a rare political move that has united liberals and conservatives in outrage, the United States Congress has voted to repeal an array of internet privacy protections .

Business

Trump's order to reverse Obama-era climate policies draws debates

Tuesday the President signed an executive order undoing former President Obama's Clean Power Plan . Environmental groups heaped scorn on Trump's order , arguing it was risky and went against the broader global trend toward cleaner energy technologies.

Business

Airline cabin laptop ban to be implemented 'no later than Saturday'

Dubai was one of 10 cities in Muslim-majority countries affected by the new rule, which will force passengers to forego their tablets, laptops and other gadgets on direct flights to the U.S. Officials did not explain why the restrictions only apply to travelers arriving in the United States and not for those same flights when they leave from there.

Business

Toshiba's Westinghouse to file for US bankruptcy Tuesday

Slowing demand for electricity and falling prices for natural gas have eroded the economic rationale for nuclear power, which is extremely costly and technically challenging to develop. The company said it will spend at least the next 30 days reviewing its options. Meanwhile, in Japan, Toshiba will completely break away from the overseas nuclear business sector, and focus specifically on the domestic nuclear business including decommissioning projects, as well as on infrastructure projects.

Business

Sen. McCain Says Select Committee Must Be Formed to Probe Trump & Russia

Asked whether he would recuse himself, he said, "The investigation continues". But Nunes can not say whether Trump or any of the president's associates personally participated in the communications that were intercepted, meaning it's possible that the information he's citing merely refers to foreign officials talking about Trump transition team members.

Business

Toshiba approves Chapter 11 filing for nuclear unit Westinghouse - Nikkei

Bankruptcy Court. While Westinghouse was responsible for reactor design, a company called S&W was responsible for on-site construction, Westinghouse wrote in its court filing (PDF). But Nuclear Regulatory Commission files say that the Lake Charles plant was shipping faulty modules, forcing Westinghouse to reweld them at the reactor sites.

Business

Smurfette is shunned in Israeli ultra-Orthodox city

Indeed, most regions in the country are very progressive, and many have taken to social media to poke fun at the decision to axe Smurfette, a central character in the film voiced by Demi Lovato, from the posters. Some religious Jews do attend secular cinema, and others secretly download films and view them at home or at Internet cafes. Thousands of ultra-Orthodox Jews demonstrated in Jerusalem on Tuesday over military service in one of several protests following the recent detention of a ...

Business

European Union responds to Brexit letter: 'We already miss you'

May wants to negotiate Britain's divorce and the future trading relationship with the European Union within the two-year period, though European Union officials say that will be hard given the depth of the relationship. Tusk said he will share his proposal for guidelines with member states on Friday. These include the timeframe for wrapping up the EU-U.K. talks, which remains unclear but has been an early sticking point ahead of negotiations.

Business

Congress sends White House repeal of broadband privacy rules

The US Congress has approved a Bill to revoke the Federal Communications Commission's (FCC ) broadband privacy regulations, which the Opposition fears, will strip consumers of critical privacy protections for their online data . In addition to repealing the previously-enacted rules, the resolution prohibits the FCC from passing any new privacy restrictions to protect users. Internet rights group Fight for the Future on Monday promised to "expose Congress members" who vote for the repeal ...

Business

'United Kingdom is leaving EU': PM Theresa May triggers Brexit

Going forward, May said, the British government will seek to control immigration but maintain trade ties, in line with the wishes of British voters. Those things have become part of life since the United Kingdom joined what was then called the European Economic Community in 1973.

Business

Putin Opponent Detained by Police Amid Massive Protests in Russian Federation

Kremlin critic and opposition leader Alexei Navalny has been handed a 15-day jail sentence for his part in a big anti-government protest in Moscow . According to police, Navalny was detained during the protest as he refused to leave the scene and offered resistance to police. These anti-corruption protests were against Dimitry Medvedev and his "ways for increasing personal wealth".

Business

Utilities vow to finish reactors despite Westinghouse woes

Toshiba has said it's expecting a loss of 500 billion yen ($4.3 billion) for April-December of a year ago, including a 712.5 billion yen ($6.2 billion) hit from its embattled nuclear business. "Toshiba/Westinghouse find themselves a victim of their own hubris and a nuclear industry where financial prudence was never a strong point", Greenpeace Germany added in a brief (pdf).

Business

Dave & Buster's Entertainment, Inc. (PLAY) Set to Announce Quarterly Earnings on Tuesday

Latest closing price was 7.24% above its 50-day moving average and 24.85% above its 200-day moving average. Dave & Buster's said it earned $27.4 million, or 63 cents a share, in the quarter , compared with $23 million, or 53 a share, in the fourth quarter of 2015.


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