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Legal rule could mean Aaron Hernandez will die an innocent man

Drafted in 2010 by the New England Patriots, Hernandez played three career National Football League games in Miami against the Dolphins, catching 20 passes for 229 yards and one touchdown. Baez said his client's family is "heartbroken, and determined to find the truth surrounding his untimely death". "Aaron Hernandez will go to his death an innocent man".

Business

PetSmart Gobbles Up Online Pet Retailer Chewy

Terms of the acquisition were not disclosed, but the technology publication Recode , citing multiple unnamed sources, reported that the deal is valued at $3.35 billion. "Since we started Chewy , we have been dedicated to understanding and satisfying the evolving needs of our customers to deliver the highest quality pet products and customer service", said Cohen, Chewy's CEO.

Business

Australia toughens foreign worker visas, says Australian jobs for Australians

The number of eligible jobs for the visas will be cut from 651 to 435, and application fees will rise. Applicants must have at least two years' experience in their skilled profession and there will be a minimum market salary rate to make sure Australian workers are not undercut.

Business

IRS turns to debt collectors to call about unpaid taxes

Last year, when the D.C. Office of the Attorney General reported a surge in complaints about crooks pretending to be with the IRS and telling potential victims they owe money, News4 advised the IRS will never call asking for money, but a new law requires a change in that guidance.

Business

GORSUCH CONFIRMED: Trump's Supreme Court pick headed to the bench

Though he obfuscated and evaded on many questions put to him during his confirmation hearing, all indications are that he will vote most often with the court's conservative bloc of justices, providing a fifth vote for a conservative majority in 5-4 cases.

Business

Goldman Sachs quarterly profit surges 80%

Shares traded down about 3.4% in the premarket Tuesday to $218.62, having closed on Monday at $226.26. Following the completion of the sale, the executive vice president now directly owns 77,135 shares of the company's stock , valued at $19,296,091.60.

Business

Democrat leads in Georgia race; final count delayed

Democrat Jon Ossoff , a 30-year-old former congressional staffer, and Republican Karen Handel, a former Georgia secretary of state, will meet in the June 20 runoff. "Being a member of Congress and representing the sixth district is not being an extension of the White House". If Democrats can net 24 seats, they would recapture the majority.

Business

Scrapping H1B visa lottery can have unintended consequences: Nasscom

Whether you're for or against the new executive order , there isn't much that is likely to change in the short term. He said the order sets in motion the first steps to initiate "long-overdue" reforms to end "visa abuses". However, as per studies, 80 for every penny of the endorsed applications were for the two least wage levels permitted. The order, in part, takes aim at the H-1B visa program, which admits 85,000 immigrants each year mostly to work in high-tech jobs that companies say ...

Business

EBay revenue rises on e-commerce revamp

The Price to Sales (P/S) ratio of the stock is 4.13, while P/B (Price to Book) stands at 3.54. In terms of recent volatility, the average for the month is 1.61% and 1.50% for the past week. A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. A moving average can help cut down the amount of "noise" on a price chart.

Business

American Express Revenue Beats Estimates After Marketing Push

The firm owned 639,289 shares of the company's stock after buying an additional 59,666 shares during the period. Auxier Asset Management's holdings in Express Scripts Holding Company were worth $5,219,000 at the end of the most recent quarter.

Business

Squabble with Apple Doesn't Weigh on Qualcomm as Earnings, Revs Top Estimates

Revenues rose 8.1% from a year ago to $5.99 billion, also topping analysts' view for $5.86 billion. The iPhone maker has accused Qualcomm of overcharging for its chips and withholding almost $1 billion in contractual payments. Wall Street had been modeling for the San Diego-based company to earn $1.10 a share, down 5%, on sales of $5.95 billion, down 1%, in the June quarter.

Business

Lam Research Corporation (LRCX) Stock Will Show Resistance At $127.95

The figure tells us what earnings were generated from invested capital of Lam Research Corporation . Quadrant Capital Group LLC now owns 1,332 shares of the company's stock valued at $168,000 after buying an additional 4 shares during the period.

Business

Krispy Kreme owners plan to buy Panera Bread for $7.5 billion

JAB was named as a possible suitor, as were McDonald's, Starbucks, KFC parent company Yum! and Domino's. Panera's ascension as one of the most successful fast-casual chains shook up the restaurant industry. Starbucks is seeking ways to generate more money from food, and buying a bakery chain with more than 2,000 cafes across the USA and Canada would give it a massive presence in the category.

Business

British chancellor pleased with IMF upgrade of economic growth

It kept its 2018 global growth forecast unchanged at 3.6 percent. The IMF now expects GDP growth in Hungary to pick up from 2% past year to 2.9% in 2017, rather than to 2.5% as in the previous outlook released in October 2016. The IMF said the outlook for the country is "subject to downside risks , including from lower regional growth, capital outflows from United States monetary policy tightening and heightened global policy uncertainty".

Business

10-year-old bumped from Air Canada flight

It hasn't raised the kind of backlash that followed the bumping and roughing up of a 69-year-old doctor on the now-infamous United Airlines flight sitting on the tarmac last week in Chicago, but the experience of a Prince Edward Island family in March is raising hackles and chagrin in Canada over the contentious issue of airline overbooking.

Business

United Kingdom lawmakers back prime minister's call for June 8 election

Mrs May faced taunts of "frit" from Labour backbenchers at Prime Minister's Questions in the House of Commons, as leader Jeremy Corbyn accused her of running scared of scrutiny on her record. Throw in the general election of 2015 and there has been nearly seven years of non-stop political campaigning. Labour and the much smaller opposition Liberal Democrats said they would vote in favour of the early election, all but guaranteeing her decision will be approved .

Business

Epix Renews Distribution Deal With Frontier Communications

Frontier Communications Corp has a one year low of $1.92 and a one year high of $5.75. Finally, Bank of America Corp downgraded Frontier Communications Corp from a "buy" rating to a "neutral" rating and set a $2.50 target price for the company.in a report on Tuesday, March 7th.

Business

Analyst Activity - Jefferies Group LLC Reiterates Hold on Agree Realty (NYSE:ADC)

The fund owned 24,968 shares of the real estate investment trust's stock after buying an additional 665 shares during the period. Robert W. Baird upgraded Education Realty Trust, Inc. The business also recently disclosed a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Tuesday, March 28th were given a $0.20 dividend.

Business

How Trump's 'Buy American' order could play out

White House Deputy Press Secretary Sarah Sanders said that the executive order "will make significant progress towards Buy American and Hire American , the cornerstone of Trump's vision for a government that answers to the American workers who built this country".

Business

International Monetary Fund revises global growth forecast; SA lags behind

The IMF said in the report: "The 0.9 percentage point upward revision to the 2017 forecast...reflects the stronger-than-expected performance of the UK economy since the June Brexit vote, which points to a more gradual materialization than previously anticipated of the negative effects of the United Kingdom's decision to leave the European Union".

Business

'Our sword is ready' USA sends chilling warning to Kim Jong

One US official said the prospective shoot-down strategy would be aimed at occurring after a nuclear test, reports The Guardian. "The better path will be for China to address the North Korean threat that is making such defensive measures necessary", Pence said.

Business

United Airlines CEO: No one will be fired in passenger ejection

Dr. David Dao, the 69-year-old Vietnamese-American doctor who was seen in video being dragged off a United flight a week ago, will likely sue the airline, his attorney said on Thursday. He described the incident as a "system failure across various areas". United is facing calls for a boycott after the shocking incident. Dao's lawyers have taken steps that foreshadow a lawsuit against the airline and the city of Chicago, which operates O'Hare Airport.

Business

U.S. and China working 'closely' on North Korea, says Mattis

North Korea's economic clout is small - South Korea's central bank estimates its neighbor had a gross national income in 2015 of 34.5 trillion South Korean Won ($30 billion), just 2.2 percent that of South Korea . The announcement followed an inaugural meeting Tuesday of the U.S. -Japan Economic Dialogue in Tokyo chaired by visiting U.S. Vice President Mike Pence and Japanese Deputy Prime Minister Taro Aso.

Business

Lady Gaga And Prince William Chat About Mental Health On FaceTime

The stigmas or just plain fear, they said, stops many from opening up about their feelings. Speaking about her issues in a video chat as part of the prince's charity Heads Together campaign, which the 34-year-old royal is spearheading alongside his wife Duchess Catherine and his 32-year-old brother Prince Harry, the "Million Reasons" hitmaker said: "It made me very nervous at first".

Business

YES Bank profit up 30% in Q4

The bank's Q4 net interest margin stood at 3.6 percent versus 3.4 percent year ago. As at March-end 2017, gross non-performing assets (GNPA) and net non-performing assets (NNPA) rose to 1.52 per cent (0.76 per cent as at March-end 2016) and 0.81 per cent (0.29 per cent), respectively.

Business

Ontario considering non-resident speculation tax to help housing market

Something similar - called "shadow flipping" - became increasingly common in Vancouver, in which a real estate agent would resell the same previously-owned home mant times before the closing date, driving up the price of the house, sometimes by hundreds of thousands of dollars.

Business

EU launches probe in Hungarian education law

Thousands of people marched through Budapest again on Wednesday evening, in the latest in a series of big rallies against the Hungarian prime minister's alleged autocratic tendencies and crackdown on civil society. He confirmed that Under Secretary of State for Political Affairs Thomas Shannon and CEU President and Rector Michael Ignatieff met last week to discuss the effect of the legal amendment on the university.

Business

Nintendo shares jump after Switch console sets U.S. sales records

The iconic game company sold 906,000 Switch consoles in the U.S.in March, making it the fastest-selling Nintendo game system in history and one of the fastest-selling game consoles of all time. However, since limited edition versions of Breath of the Wild are included in the data, the most likely explanation is that gamers purchased two copies of the game-a collector's edition and a base version to play on the system.

Business

Theresa May will not take part in TV debates

Advisers have played down the prospect of major market disruption ahead of the snap election in June as they expect a Conservative majority should eliminate political "distractions". Her decision came on a day when ITV became the first broadcaster to confirm a debate ahead of the poll in June, announced by May yesterday. "I will be asking for the British people for a mandate to complete Brexit and make a success of it".

Business

Kim's desire for peace deciding factor in US-North Korea relations

Seventh Fleet at the U.S. Navy base in Yokosuka, 40 miles south of Tokyo. The ship has been undergoing a restricted availability maintenance period since January. The State Department said Monday that China sent the Trump administration "positive signals" that it will increase economic sanctions to pressure its ally North Korea to abandon its development of missiles and nuclear weapons.

Business

Dollar strength a good thing? Mnuchin pulled the Easter Bunny

Major exporters want it. "We have of course seen Trump suggest the main movements against (North) Korea are likely to be economic sanctions rather than military", Foley said. "SM - Absolutely. And I go back to saying it's a big part of the president's agenda to create economic growth". 'We're also working with Congress on tax reform , and simplification, and we're on time, ' Trump told an audience today at the Snap-On Tool headquarters in Kenosha, Wisconsin.

Business

Melania Trump Nudges President Trump to Raise Hand During National Anthem

While standing on the Truman balcony, accompanied by Melania , their 11-year-old son Barron and a large white rabbit, Donald forgot to put his hand on his heart during the National Anthem. "That has always been the plan, so yes it's true", Stephanie Grisham, communications director for the first lady, said in an email Monday when asked to confirm reports from several news outlets that Melania and Barron will move to Washington , D.C., this summer.

Business

Colgate-Palmolive Webcasts 2017 First Quarter Earnings Conference Call April 28, 2017

Firm's net income measured an average growth rate of 1.90%. However, Colgate has underperformed the broader industry in the last six months. A number of other institutional investors have also added to or reduced their stakes in the company.

Business

JPMorgan Chase & Co. (JPM) General Counsel Sells 10792 Shares of Stock

In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.96% with $3.57 Billion sitting short, betting on future declines. Keefe Bruyette Downgrade its coverage for JPMorgan Chase & Co. (NYSE:JPM) for 86,927 shares. CLSA restated a buy rating and set a $79.00 price objective on shares of JPMorgan Chase & Co.in a report on Wednesday, January 11th.

Business

No one to be fired over forcible removal of passenger

Mr Munoz says he takes full responsibility "for making this right " after the April 9 incident on board a United Express plane in Chicago. The airline already offered refunds to passengers on the flight and said police will no longer be called to remove paid, seated passengers from flights, unless for safety or security issues, Munoz said.


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