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United Airlines reaches settlement with passenger violently dragged off flight

United also said it will take actions to reduce overbooking flights and improve customer satisfaction. United needed to clear seats for four crew members, but no one accepted the airline's offer of $800 and four passengers, including Dao and his wife, were chosen for involuntary denial of boarding.

Business

India has 'incredible' potential. So why hasn't Warren Buffett invested?

Buffett said: "We've had a lot of (tax cuts) in our lifetimes - it's certain that some of a lower corporate rate would be competed away, and it's sure that some of it would inure to the benefit of shareholders". "If they make the world safer it's going to be a very good thing, but it won't be a good thing for auto insurers", Buffett said. Several said they got there almost five hours before doors opened around 6:45 a.m.

Business

School Meal Standards Shake-Up: Sodium Stays, Whole Grains Out

Michelle Obama spearheaded reforms to the school lunch program to improve youth nutrition and reduce childhood obesity , but many schools found the restrictions hard to follow. She noted the modest changes to the onerous regulations: "They would relax whole grain requirements". The proclamation , which does not take effect until the next school year this fall, delays a requirement to reduce sodium levels in school meals, CBS News reported .

Business

Rockets back up center Nene is out for the playoffs

It's going to be my ninth time in 14 years. "I had to be there for my cousins back home in Chicago". "I was trying to keep them in front of me", Harden said. Eric Gordon had 22 points for the Rockets , who drained 19 3-point shots. Ginobili finished the night with 12 points on 5-of-11 shooting, adding seven rebounds, five assists, and the all-important block on Harden.

Business

President Trump Fires FBI Director James Comey

As President Donald Trump raised eyebrows Tuesday after firing FBI Director James Comey, members of the SC delegation weighed in. Comey had been embroiled in a controversy surrounding his handling of a probe of Clinton's use of a private email sever while she was USA secretary of state.

Business

Penguins look to close-out Capitals in Game 6

Ottawa leads the best-of-seven series 3-2. On Wednesday night, Washington will host the Pittsburgh Penguins in the fourth Game 7 in 10 playoff series between the two teams, and the first since 2009. "Get to their zone a little bit more often". "I thought he was solid", Sullivan said. Pittsburgh had a couple of scary moments in the first. Tonight the Pittsburgh Penguins will get their second opportunity to eliminate the Washington Capitals from the playoffs.

Business

Kensington Palace releases new photo of Princess Charlotte

Just two weeks after Princess Charlotte was born, Kate Middleton took photographs of her two children, and they are incredibly sweet. In the four photos that were released by Kensington Palace a year ago today, saw Charlotte enjoying family life at her home.

Business

Israel strikes Syrian arms depot near Damascus airport

Assad is backed in the war by Russia, Iran and regional Shia militias including Hezbollah, which is a close ally of Tehran and a sworn enemy of Israel. The Hezbollah-affiliated al-Manar television station said an Iranian weapons depot was hit. "Our general staffs maintain continued dialog", Peskov said, when asked if Israel had notified Russian Federation of the strikes it was going to deliver.

Business

Trump's comments on Muslims could haunt him in appeals court

An attorney for the president urged the 4th U.S. Circuit Court of Appeals on Monday to focus on the text of the religiously neutral executive order rather than use campaign statements to infer that the policy was driven by anti-Muslim sentiment.

Business

Sen Collins: Comey's Firing 'Perhaps Inevitable' After Clinton Email Controversy

Later in the exchange, Toobin predicted the White House would replace Comey with a "stooge" who would turn the FBI's Russian Federation probe into a charade. Tuesday's stunning announcement came shortly after the Federal Bureau of Investigation corrected a sentence in Comey's sworn testimony on Capitol Hill last week.

Business

Warren Buffett Jokes, But Not About Berkshire Paying a Dividend

Buffett told shareholders that he blew it by not buying up stock in Google years ago. Warren Buffett, chairman and chief executive officer of Berkshire Hathaway and Bill Gates, billionaire and co-founder of the Bill and Melinda Gates Foundation, attend the Berkshire Hathaway annual meeting.

Business

Prime Minister Justin Trudeau Convinces President Trump To Renegotiate NAFTA

Perdue said Trump recognizes NAFTA has been mostly beneficial to the agriculture industry, but the president's message is that the agreement needs to be retooled. This came after it emerged that the Trump administration officials had been weighing whether to use an executive order that would effectively have led to the withdrawal of the United States from the trade pact.

Business

Industrialist Adi Godrej hands over flagship consumer products company to daughter Nisaba

Vivek Gambhir will continue as the Managing Director and CEO", a company statement said. Nisaba who has been touted as one of the youngest chairpersons in corporate India will take it upon herself to handle a consumer goods major that has a consolidated revenues of Rs 9,600 crore, according to a report in The Times of India .

Business

Here's the Manchester United to team to face Celta Vigo

Marcus Rashford's stunning 67th minute free kick earned United a 1-0 first leg win at the Balaidos Stadium. "I am going to change my team to play against Arsenal, so I think (Wenger) will be really happy with me", Mourinho told reporters.

Business

'Made in China' C919 passenger jet takes maiden flight

The jet soon disappeared into the clouds carrying its skeleton crew of five pilots and engineers. The narrow-body C919 jet - white with green and blue stripes - disappeared into the clouds after taking off from Pudong global airport in the commercial hub Shanghai as a crowd of thousands cheered, including top officials.

Business

SC jails Justice Karnan for 6 months

Just two days before that he passed an order directing the Air Control Authority to prevent Supreme Court judges from travelling overseas as they would "spread the virus of caste discrimination". As the Supreme Court transferred him from the Madras High Court to Kolkata , Justice Karnan said he was being victimised because he is a Dalit. In his January letter, he said corruption charges against the judges could be proven if investigated by competent officers of the central agencies.

Business

Puerto Rico hit with lawsuits after litigation freeze ends

Ambac argued that Puerto Rico has illegally diverted rum tax revenue slated for bondholders. Caribbean Business reported in September 2016 that the Federal Bureau of Investigations (FBI) had allegedly requested documents from bond underwriters as part of a probe into a $3.5 billion general-obligation bond issue of 2014, and a $600 million Puerto Rico Electric Power Authority bond issue in 2013.

Business

Congress backs one more week of government spending, averts shutdown

A shutdown would most probably trigger abrupt layoffs of hundreds of thousands of federal government workers until funding resumes. The threat of an impending government shutdown may reflect poorly on Republicans' ability to govern, according to many Americans, but that doesn't mean President Donald Trump will admit he's anxious about it.

Business

GOP moderates back health bill changes, predict passage

If the Senate voted against the bill, the government would have run out of money at midnight on Friday. On the defensive, Trump and his allies issued a flurry of contradictory statements ahead of key votes in Congress on a $1.1 trillion spending bill to keep the government at full speed through September.

Business

William Hill online revenues up 16% in Q1 2017

A 53% increase of the sportsbook amounts wagered in Australia was also registered. Retail is also seeing positive trends while our key worldwide markets continue to perform well with double-digit wagering growth . The trading statement from William Hill comes after rival Paddy Power Betfair reported sportsbook revenue in the three months to 31 March that fell short of analysts' expectations as a prosperous Cheltenham failed to offset weak results from other major sporting events.

Business

City of Montreal declares state of emergency from flooding

But Martin Coiteux says things are expected to get back to normal only at the end of the month. Coiteux said "there is hope before us", before again stating, "The situation won't improve overnight". Quebec Premier Philippe Couillard visited the town Saturday and urged people to heed authorities if they recommend they leave their homes. Evacuation was mandatory in some areas and firefighters were going door to door to make sure people left their homes, according to Rigaud mayor Hans ...

Business

Cook remains optimistic on China despite Q2 revenue decline

Apple reported a 4.6% rise in revenue across the whole company to $52.9bn (£41bn), slightly below analysts' forecasts. The smartphone, which was launched alongside its smaller iPhone 7 counterpart in September 2016, featured a better camera that led to robust demand.

Business

Coach acquires Kate Spade for $2.4 billion

Meanwhile, Kate Spade's board can rightfully claim it got a 27.5 percent premium to the stock's trading level before reports of deal talks surfaced last December. Kate Spade & Company's financial advisor is Perella Weinberg Partners LP and its legal advisor is Paul, Weiss, Rifkind, Wharton & Garrison LLP. Kate Spade said in February it was exploring strategic options, after hedge fund Caerus Investors urged the company to sell itself.

Business

France's political mainstream urges voters to back Macron

Macron's independent En Marche! group won 23.75% of votes in the first round, while Le Pen's Front National won 21.53%. Le Pen offers an alternative for anyone skeptical of the European Union and France's role in it, said Louis Aliot, the vice president of the National Front party.

Business

SpaceX launches military satellite, successfully lands Falcon 9 rocket

California time. SpaceX launched its first spy satellite on May 1, 2017 . Few details have been made public about the classified payload of Monday's launch, including the satellite's objective and what orbit it would take. This was the fourth SpaceX booster landing at Cape Canaveral; even more have landed on ocean platforms. Worrying, but not a showstopper. SpaceX now holds two launch contracts with the Air Force.

Business

Euro slips from 6-month high as Macron relief rally loses steam

The signature of the President of the European Central Bank (ECB), Mario Draghi, is seen on the new 50 euro banknote during a presentation by the German Central Bank (Bundesbank) at its headquarters in Frankfurt, Germany, March 16, 2017. "So both the euro and dollar should do well against the yen". The dollar was slightly higher against the yen, with USD/JPY at 112.84, close to an overnight high of 112.95.

Business

ASEAN countries continue to court China

Earlier, the host country's President, Rodrigo Duterte had also expressed his concern saying that Asean was anxious over the North Korean issue. On North Korea, the ASEAN leaders would express "grave concern" over developments in the Korean Peninsula, including two nuclear tests staged by the North a year ago and subsequent ballistic missile launches, according to the latest draft of the ASEAN communique.

Business

Hamas picks new Gaza leader amid bid for more influence

Hamas, which controls Gaza , recently published a new, more pragmatic political programme to end the isolation groups, which the West consider a terrorist organization. Haniyeh's selection marks the final phase of the secretive Hamas elections. The Gaza-based Islamic Jihad group on Saturday slammed the Hamas policy tweak.

Business

Emergency declared after nuclear waste tunnel collapse

The nuclear site which is located in Washington State announced their emergency on Tuesday afternoon after taking note of what appeared to be a cave-in near a now-defunkt uranium site. The emergency was declared at 8:26 am following an alert from the "200 East Area" containing the PUREX plant, which is no longer in use. "The Hanford Fire Department is on scene", the Department of Energy reports.

Business

Ducks narrow Oilers series lead with win

Roman Josi also scored in helping the Predators hand the Blues their first road loss of the postseason. One of Nashville's key strengths in Round 1, when they swept the Chicago Blackhawks, was Pekka Rinne, who earned two shutouts and allowed just three goals in that four-game series-good for a.976 save percentage.

Business

French elections: How Italy's politicians greeted Macron win

The campaign took a further twist when an information hack led to the release of a trove of documents related to the Macron campaign, which said some of the released documents were fraudulent. EU Council President Donald Tusk also offered his congratulations, saying the French had chosen "liberty, equality and fraternity" and "said no to the tyranny of fake news ".

Business

Kite Pharma, Inc. (KITE) Closed at $70.99

The biopharmaceutical company reported ($1.74) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($1.68) by $0.06. Maxim Group reiterated a "buy" rating and set a $84.00 price target on shares of Kite Pharma in a research report on Saturday, March 11th.

Business

Mysterious Startups Claim To Be Able To Compete With Tesla Model 3

As an example, Musk said that while the electrical system of the Model S included three kilometers (1.86 mi.) of wires, the Model 3 slashed that figure by half. As Galliers pointed out, Tesla's gross margin on the Model S is already impressive, but that's for a vehicle starting at nearly $70,000. "The founders and CEOs of Future Mobility, WM Motor and Singulato acknowledge the Model 3 is the vehicle to beat".

Business

United, airlines slammed at hearing: "Something is broken"

The House transportation committee chair, Bill Shuster, a Pennsylvania Republican, said United and other carriers should use the notoriety of Dao's removal to improve customer service. The airline executives were grilled on overbooked flights, confusing and lengthy consumer rights information and increasing baggage fees, with numerous lawmakers recalling their own frustrating airborne experiences.

Business

Nordic American Tanker Shipping reiterated as Sell By Maxim Group

The firm had revenue of $55.20 million during the quarter, compared to analysts' expectations of $55.53 million. The average annual EPS growth estimates for the next one year is at 5.85%. The companys shares were trading down by 30 cents, or 4.2 per cent, at $6.77 in mid-morning trading in NY. A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.


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