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Business

BA apologizes for delays caused by computer glitches

A BA spokeswoman later said the airline was " checking in normally across all of our airports ", but added that the process at Heathrow and Gatwick would be "a bit slower than usual". Matthew Walker, a financial analyst from London , waited for more than two hours to board his flight to Heathrow. British Airways has apologised after a computer outage caused travel chaos for thousands of passengers.

Business

Cisco Systems Inc. (CSCO) Given "Buy" Rating at Deutsche Bank AG

Some buy side analysts are also providing their Analysis on Cisco Systems , Inc., where 8 analysts have rated the stock as Strong buy, 13 analysts have given a Buy signal, 13 said it's a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell.

Business

Delta: 5-hour computer outage cost us $150 million

The trading activity of 10.2 Million shares climbed down over an average volume of 11.42 Million shares. JCP market capitalization is 2.90B with 105000 employees. owns 2.02 million shares or 6.97% of their USA portfolio. The last flight in 2016 departed to NY on September 6 from Sheremetyevo International Airport.

Business

Carson Wentz's confidence will be crucial to National Football League transition

The Eagles coach informed the first-round pick what he told the public during a Monday news conference: Wentz is the Eagles' new starting quarterback beginning with Sunday's season opener against the Cleveland Browns. "I don't really need extra motivation. It's still football. I've got to still be the same guy and just play ball, and I think those guys believe in me and I'm excited for it".

Business

G20 - Theresa May Sets Off for First Summit

But Obama said they also would have a candid discussion about differences, including on human rights, cybersecurity and maritime issues. The president departed Friday for Hangzhou, China, where he will meet on Saturday with Xi ahead of a summit of the Group of 20, a collection of industrial and emerging-market nations.

Business

Bristol-Myers Squibb Company (NYSE:BMY) stock is worth $68.75

Bristol-Myers Squibb Co (NYSE: BMY ) now has mean rating of 2.5 while 4 analyst have recommended the shares as "BUY", 5 commented as "OUTPERFORM" and 13 commented as "HOLD". 08/08/2016 - Bristol-Myers Squibb Company had its "hold" rating reiterated by analysts at Jefferies. In terms of performance, the stock has had a mixed year so far with the performance for the year at 1.72%.

Business

Gretchen Carlson settles lawsuit against Roger Ailes for $20 million

We are proud that she was part of the Fox News team. In some cases, the women retained legal counsel. "She made a big contribution and we will miss her". Ailes and his wife, Elizabeth, Ms. Starke said. The eight-figure deal is likely to have consequences across corporate America. However, negotiations between Ailes and the company were "quite tense", she added.

Business

Coca-Cola Company (The) (NYSE:KO) Insider Trading Report

Gold Peak will join Illy in Coca-Cola's expanding RTD coffee portfolio in the U.S. and both its cold brew and tea latte lines will feature " real milk and sugar in an array of tasty flavors ", the company said. Several executives took part in recent insider activity for the stock. Douglas J Alexander Jr offloaded 572,748 shares in the company at a per-share price of $45.25 and ended up generating $25,916,850 in proceeds.

Business

Putin-Obama meeting goes well

Turkish President Tayyip Erdogan said on Monday he had urged world powers at a G20 meeting to set up a "safe zone" in Syria where there would be no fighting and which could help stem migrant flows from the Arab nation. Kremlin spokesman Dmitri Peskov, meanwhile, said that the meeting " went longer than expected ". Secretary of State John Kerry and his Russian counterpart had attempted a similar negotiation earlier, but that effort failed as well.

Business

Dell completes $60bn merger with EMC

The sale has caused jitters around Massachusetts' technology sector, although Dell has said it plans to expand the Dell EMC division headquartered in Hopkinton. As the resulting company takes shape, Dell founder Michael Dell, who remains the chairman and CEO of the newly minted Dell Technologies , has just been named chairman of the board for VMware.

Business

Bank of England's Carney says he is 'serene' about Brexit warnings

Last month's rate cut to a new historic low of 0.25% has helped to support house prices and the wider economy, he said. Bank of England governor Mark Carney said he was "serene" about the warnings he issued about the economic impact of a Brexit vote.

Business

Los Angeles airport reopening after shooting scare

The episode was further stoked by word of mouth and social media. For the second time this month a false report of gunfire has caused chaos and panic at a major U.S. The incident stirred chaos as hundreds of people rushed from terminals on to sidewalks or the tarmac. People fled the airport after loud noises were heard that sounded like gunfire.

Business

Apple's iPhone 7 could be unveiled this afternoon

Another point of concern is the battery life of the wireless headphones. The biggest USP of iPhone 7 and iPhone 7 Plus is said to be dual-camera set-up. With the iPhone 7's double lens camera , we get to take crisp and more detailed photos. Black is sleek and sophisticated hence iPhone came up with two variations of the Black iPhone: Glossy Piano Black and Matte Black.

Business

Half of South Korean shipping company's container fleet denied port access

As of Thursday, 13 ports in nine countries have refused to let Hanjin's vessels dock for fear that they will not get paid. The port also said that Hanjin containers now in transit by rail to the port would be accepted until Labor Day. The younger Cho took over management of Hanjin Shipping from Choi Eun Young, the wife of his younger brother, who ran the shipping firm until his death in 2006.

Business

Economy grows 3.3 per cent over past year on 'secret fiscal stimulus'

Treasurer Scott Morrison said the extraordinary achievement belonged to all workers. The nation's terms of trade did manage to rise 2.3 per cent in the quarter, the first increase in over two years, reflecting the resilience of commodity prices in the quarter.

Business

Freight rates jump as Hanjin collapse spurs supply shock

Despite an assortment of alliances, vessel sharing agreements and other strategies among carriers, it's not enough to stop them from "bleeding money", as more than one source called it. Shipments bound for USA retailers are either sitting in Asia, onboard Hanjin ships now stuck out at sea, or in U.S. docks. Lashing operations for two Hanjin ships have resumed in Busan as of 10 a.m.

Business

Theresa May wants 'unique' post-Brexit relationship with EU

We'll be looking at how we can work to increase productivity, that's one of the key issues that we want to address. "But also how we can get tough on irresponsible behaviour in big business". "The Channel is not going to get any broader", he said. At the morning meeting, according to Downing Street insiders, Brexit was due to be "top of the In tray" and each minister has been ordered to outline how they will "make the most of Brexit" in their own department.

Business

Hyundai Merchant Marine in talks with Samsung, LG to ship their cargo

Hanjin last week also filed for bankruptcy protection under Chapter 15 at the Bankruptcy Court in Newark, New Jersey. On Monday Hanjin saw its shares plunge by 30% when trading opened but it quickly recovered those losses. These include instances where lashing firms have refused service due to unpaid bills, or where port authorities have refused to enter or leave the port.

Business

Mother Teresa Declared a Saint by Pope Francis

The Year of Mercy , and September, in particular, aligns perfectly with the canonization of Mother Teresa. Several flags fluttered over the ceremony: Albania, representing Mother Teresa's ethnic origin; Macedonia, representing her birthplace; India, the place of most of her good works; and numerous other countries where her works touched many lives.

Business

What Analyst Recommend Regarding Healthcare Stocks: Threshold Pharmaceuticals, Inc. (NASDAQ:THLD) , Anthem

A look on the firm performance, its monthly performance is -2.03% and a quarterly performance of -5.73%. The last close places the company's stock about $4.03 off its 52 week high of $5.28 and $1.04 above the 52 week low of $0.21. 1 Analysts reported that the Price Target for Threshold Pharmaceuticals, Inc. might touch $2 high while the Average Price Target and Low price Target is $2 and $2 respectively.

Business

US Coast Guard searches for cruise ship passenger in Bahamas

Carnival Corporation & plc has signed a memorandum of agreement for three additional next-generation, LNG-powered cruise ships to be built by German and Finnish shipbuilders Meyer Werft and Meyer Turku. "We know there is still huge potential as more and more people realise the value for money, choice and range of dining and entertainment options available on ships of all sizes".

Business

IT glitch causes BA delays and cancellations

The only affected flight was Tuesday morning's BA1321 outgoing service to Heathrow, due to the check-in process having to be done manually. Check-in was long and slow. However, we can not see how this helps because people still need to line-up at security, and British Airways's system does not seem to show they have checked in.

Business

Enbridge in $37 billion deal to buy Spectra Energy Corp

He said more and more Canadian companies are being driven to the USA because of poor rates of return in Canada and the increasing difficulty of getting new projects approved. Enbridge would take on about $22 billion in Spectra debt, while Monaco said the company plans to sell about $2 billion of non-core assets over the next year.

Business

Tesla Motors: We're Going to Need to Sell More Stock, Again

Musk said he is now writing a blog post with more details about the new Autopilot improvements and coming software updates, and that he will publish the post on Tesla's website later Wednesday. "While we appreciate well-meaning advice from any individual or group, we make our decisions on the basis of real-world data, not speculation by media".

Business

Canadian Prime Minister Justin Trudeau makes his Marvel comics debut

BEIJING-On Thursday, the government announced that Canadian and Chinese companies signed 56 new commercial contracts and agreements worth $1.2 billion. Trudeau, his wife Sophie Gregoire and their daughter, Ella-Grace, began their day by exploring a section of the Great Wall of China. "Mr. Prime Minister I know that you came to China a long time ago ..." On Friday, the prime minister will hold an event at a high school with former NBA basketball star Yao Ming, meet with executives of Fosun ...

Business

Trudeau begins first visit to China to boost bilateral ties

The four projects approved earlier this year addressed numerous concerns western countries had about the new bank, he said, including that China would use it to advance its own strategic and commercial interests. This is the first time for Trudeau to visit China after he became prime minister last November, and the visit comes 43 years after his father Pierre Trudeau became the first Canadian prime minister to visit China in 1973.

Business

Nikkei jumps as Fed rate hike remarks slap down yen

Friday's nonfarm report for August, as well as other data, could reinforce hawkish messages from Fed officials. "With investors pricing in a greater likelihood of a Fed rate increase before year end, pressure is likely to continue to weigh on gold", MKS said in a note.

Business

Violence erupts as Native Americans resist oil pipeline

Harold Frazier, chairman of the Cheyenne River Sioux Tribe , S.D., said that many of his tribal members were pepper sprayed by the security officers and attacked by dogs. Video showed dogs lunging at activists as they marched through mounds of dirt created by the preliminary construction. Archambault called the demolition that had already been done devastating .

Business

Pipeline operator Enbridge to buy Spectra Energy for $28B

In the deal, Spectra Energy Holders will receive Enbridge shares valued at approximately $40.33 each. On closing, Enbridge shareholders are predicted to own 57 percent of the resultant company. Mr. Monaco will be the president and CEO of the new company. And John Whelen is to be CFO. The combined company will be headquartered in Calgary, Alberta, and Houston will be the center of the combined company's gas pipelines business .

Business

SA Food Bank and Whataburger kick off 'SA Goes Orange for Hunger'

The H-E-B Food Bank Assistance Program works year-round to raise awareness and battle hunger in Texas and Mexico. These photos can be posted to Island Harvest Food Banks' Facebook and Twitter social media sites with #HungerActionMonth, @IslandHarvest, and @FeedingAmerica to join the conversation.

Business

Morning Buzzers: Ctrip.com International, Ltd. (NASDAQ:CTRP) , Starbucks Corporation (NASDAQ:SBUX)

The stock 12-month Consensus Price Target is US$202.46. The shares have been given a mean "OVERWEIGHT" rating keeping in view the consensus of "26" Analysts. Meag Munich Ergo Kapitalanlagegesellschaft MBH increased its stake in shares of Ctrip.com global by 181.6% in the second quarter. Finally, Piper Jaffray Cos.

Business

NFL Betting Alert: Eagles decide to go with rookie quarterback Wentz

However, there are still going to be those saying that it's too soon to start Wentz. In just a matter of hours, Wentz went from a third-string quarterback with little chance of playing this season to becoming the first Eagles quarterback to start the opening game of his rookie season since Davey O'Brien in 1939.

Business

Black Lives Matter protesters shut London airport

City Airport apologised for the disruption to passengers and the Metropolitan Police said it had taken the nine protesters into custody after using specialist equipment to "unlock" them. At the same time 40 per cent of Newham's population struggle to survive on £20,000 or less. "While a tiny elite can fly to and from London City airport, sometimes as a daily commute, this year alone 3,176 migrants have died or gone missing in the Mediterranean, trying to reach safety on the shores of ...

Business

President Obama cuts short sentences of 111 federal inmates

Eggleston said the commutations also underscore Obama's commitment to give deserving individuals a second chance through clemency authority. The New Jersey prisoners were among 111 people who had their sentences shortened by the president.

Business

Oil up 3 pct as U.S

West Texas Intermediate (WTI) crude was 0.67 percent up at $43.45 per barrel, Interfax reported. As oil is denominated in dollars, a stronger greenback lowers buying power for foreign traders. Hundreds of thousands of protesters marched in Caracas to pressure Venezuelan President Nicolás Maduro into allowing a referendum that could oust his Socialist government this year.


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