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Business

SFO opens investigation into British American Tobacco

However, the BAT corruption case, in particular, will be an interesting one to watch for those in South Africa who are asking whether United States and German regulators will also probe companies such as SAP and McKinsey regarding revelations of kickbacks in the Gupta email leaks.

Business

Trump Launches "Real News" Program, Hosted By His Daughter, On Facebook

Trump's " real news" program are essentially a running list of the things that have happened since he took office in January, like new jobs creation, and things that Trump's done, like meeting veterans in Ohio. Donald Trump said the measure would represent "the most significant reform to our immigration system in half a century". She previously worked as a producer for Inside Edition and has frequently made appearances in support of the Trump campaign.

Business

Forget the Model 3, Tesla Could Be in Wind Farms

Offshore wind developer Deepwater Wind announced a partnership with Tesla this week to pair a 144 MW offshore wind farm with a 40 MWh battery storage system. At 144 megawatts, Revolution Wind could be built in a single construction season, and developed more cost-effectively, and with considerably less risk, than a larger project.

Business

German Car Manufacturers Agree to Update Software for 5Mln Diesel Cars

Industry and government sources said on Tuesday that auto makers would probably be spared making costly hardware changes to engines and would instead be required to carry out software updates to around 2 million vehicles. Environment Minister Barbara Hendricks, from the centre-left Social Democrats, criticised the VDA automakers lobby for putting out a statement proclaiming a deal two hours before ministers spoke to the media.

Business

Women's fury at impact of state pension age change

But the IFS said that for women aged 60 to 62 who are below the current state pension age, their employment rates have increased substantially, boosting their earnings by £2.5bn - the equivalent of £44 a week. Waspi, which is campaigning for transitional arrangements for women affected by state pension age increases, is now encouraging its members to send in complaints to the Department for Work and Pensions about the reforms.

Business

AMC Entertainment Holdings' (NYSE:AMC) Buy Rating Reaffirmed at Wedbush

Janus Capital Management LLC now owns 2,417,897 shares of the company's stock valued at $76,043,000 after buying an additional 8,318 shares in the last quarter. Entertainment Holdings (NYSE:AMC) was given a $23.00 price target by analysts at Wedbush. (NYSE:AMC) debt fell 1.9% as a percentage of its face value during trading on Wednesday after Wedbush lowered their price target on the stock from $36.00 to $22.75.

Business

First human gene editing performed on human embryo

Salk's Izpisua Belmonte, emphasizing that much more study is needed, said the most important practical application for the new technology could be in correcting genetic mutations in babies either in utero or right after they are born. The embryo editing project, the largest of its kind ever undertaken, was first described last week by MIT Technology Review . As a result, the cells could not divide before the DNA edit took hold.

Business

Bipartisan bill would make smart gadgets more secure

The infamous Mirai attacks of past year, one of which managed to take out some of the biggest sites on the web for a brief time, were made possible because the malware simply scanned for the default log-ins that so many IoT devices ship with.

Business

Institutional Investors Lead Shift in Pioneer Natural Resources Co (NYSE:PXD) Sentiment

This may occur at the same time. (NYSE:HBI) has "Buy" rating given on Monday, December 12 by CL King. Investors are typically looking for any little advantage when it comes to the equity markets. Chevy Chase Trust Holdings Inc. raised its position in Pioneer Natural Resources by 3.1% in the first quarter. TheStreet upgraded Canadian Natural Resources Limited from a "d+" rating to a "c-" rating in a research note on Wednesday, April 12th.

Business

The iPhone 8 wait doesn't hurt Apple sales

Apple relies on it heavily for its revenue, which some see as being a weakness in the company - but this quarter has also provided good news for investors when it comes to generating big profits in other areas. Apple is unlikely to discuss its upcoming products plans Tuesday, but analysts will be scrutinizing the guidance Apple provides for its expected sales in the September quarter.

Business

India c.bank becomes first in Asia to cut rates this year

Finance Minister Arun Jaitley in June called for a reduction in the rate following a sharp fall in inflation in the world's fastest-growing major economy. "While I believe RBI could have been more aggressive, the 25 basis point cut will boost consumer sentiment specially for discretionary items like automobiles and white goods", he said.

Business

Baltimore Police Caught on Second Video that 'Appears to Depict' Planting Drugs

When the cameras turned back on, one cop was seen squatting next to the driver's side where another officer immediately found drugs. When no one replies, the officer himself searches and locates a bag containing what seemed like drugs. Officer Richard Pinheiro was suspended as a result, and two other cops, Hovhannes Simonyan and Jamal Brunson, were placed on administrative duty. Thirty seconds of footage was recorded before the camera was turned on as Baltimore police use cameras which were ...

Business

Korea Investment CORP Has $168.75 Million Position in General Electric Company (GE)

The company was upgraded on Friday, November 11 by Lake Street. About shares traded. American Electric Power Company Inc (NYSE: AEP ) has risen 7.63% since August 2, 2016 and is uptrending. The stock is now trading -0.14% below its SMA 50 and 5.18% above its SMA 200. 20,000 shares were sold by Drechsler Andrew T , worth $330,200. Since February 6, 2017, it had 0 insider purchases, and 8 selling transactions for $2.50 million activity.

Business

'Wonder Woman' helps Time Warner beat estimates as ad sales dip

Patriot Financial Group Insurance Agency LLC increased its stake in shares of Time Warner by 9.9% in the first quarter. Analysts had projected earnings of $1.19 a share on revenue of $7.3 billion, according to Thomson Reuters. The business's quarterly revenue was up 5.4% on a year-over-year basis. Stockholders of record on Monday, July 10th were paid a $0.4025 dividend. This represents a $1.61 annualized dividend and a dividend yield of 1.57%.

Business

Xact Kapitalforvaltning AB Boosts Position in Ally Financial Inc. (NYSE:ALLY)

BlackRock Inc. increased its position in shares of Ally Financial by 1,072.5% in the first quarter. 01/06/2017 - Ally Financial Inc . had its " rating reiterated by analysts at Deutsche Bank. This is a positive change from Ally Financial's previous quarterly dividend of $0.08. The ex-dividend date of this dividend is Friday, July 28th. The dividend yield will be $2.19.

Business

Honda reports 19 percent rise in profit on sales, cost cuts

Finally, J P Morgan Chase & Co lowered Honda Motor Company from an "overweight" rating to a "neutral" rating in a research report on Wednesday, July 5th. Honda shares have dropped 4 percent since the beginning of the year. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S.

Business

President Trump claims Wisconsin's Foxconn deal could balloon to US$30B

The company signed a deal with Wisconsin last week to build a $10 billion display panel manufacturing plant and Trump did not specify where the additional spending would be. He also said it was reasonable for lawmakers to sign off on the deal in a couple weeks. The state would pay up to 40 percent of the cost of local incentives should the Foxconn deal fall apart, under the deal legislators are considering.

Business

Qatar Airways expands flight options in Brazil with latest codeshare deal

American did not immediately return a request for comment Wednesday. The Gulf carrier had expressed interest in purchasing as much as 10 percent of the Fort Worth, Texas-based airline, now the largest in the world. Qatar Airways Cargo has also expanded its footprint in South America, with commencement earlier this year of freighter services to São Paulo, Brazil; Buenos Aires, Argentina; and Quito, Ecuador.

Business

Gramercy Property Trust, Inc

Liberty Property Trust's revenue for the quarter was down 1.9% compared to the same quarter a year ago. Shell Asset Management Co. increased its stake in Essex Property Trust by 3.3% in the second quarter. A number of research firms have recently weighed in on LPT . Gramercy Property Trust (NYSE:GPT)'s stock had its "buy" rating restated by Ladenburg Thalmann Financial Services in a note issued to investors on Wednesday.

Business

Graham: WaPo Report On Trump Statement 'Bothers Me A Lot'

The extent of the president's personal intervention in his son's response, the details of which have not previously been reported , adds to a series of actions that Trump has taken that some advisers fear could place him and some members of his inner circle in legal jeopardy.

Business

Goldwyn-mayer Inc (NYSE:MGM) Stock Sentiment Increases

The stock has "Buy" rating by Stifel Nicolaus on Friday, April 28. Though revival of gaming revenues in Macau is a huge positive, it will take time for the region to return to its former glory as concerns related to sustainability of revenues from the VIP market linger.

Business

Earth's 2017 resource 'budget' spent by August

In the United Kingdom, the day is even earlier, on May 4. 'By August 2, 2017 , we will have used more from Nature than our planet can renew in the whole year, ' the groups said in a statement . There was some good news. When this is broken down into the ecological footprints of each country in the world, the figures do not reflect kindly on the United Kingdom, with humanity needing 3.0 Earths if everyone lived like us.

Business

Brokerages Set Timken Steel Corporation (TMST) PT at $19.75

LLC now owns 5,473 shares of the basic materials company's stock worth $121,000 after buying an additional 3,768 shares in the last quarter. A copy of the Company's press release is attached as Exhibit99.1 to this Current Report on Form8-K and is incorporated into this Item 8.01 by reference.

Business

Hyperloop One's passenger pod nearly hit 200 miles per hour in its latest test

The almost airless tube was depressurized down to the equivalent of air at 200,000 feet above sea level, the company says . The test ended in a success after the pod traveled a total distance of 1,433 feet. The company from California, says that all aspects of the system, from motors, to electronics, to the vacuum pump and magnetic levitation mechanism worked well during the test.

Business

Wisconsin company implants employees with microchip

The chip, which is about the size of a grain of rice, is embedded in the hand between the thumb and pointer finger. Three Square Market CEO Todd Westby, who was just implanted himself, told FOX Business' Maria Bartiromo that the chips are being used to open doors that require identification, to make purchases in the break room and to log into computers.

Business

Congress cries foul after IT raids at Karnataka minister's properties

Speaking to the media here Gohil said, "Our morale has become strong now and our only plan is to vote for Ahmed Patel in Rajya Sabha election on August 8". The resort is located in the Bengaluru Rural Lok Sabha constituency, represented by Congress lawmaker D.K. Suresh, younger brother of Shivakumar, a lawmaker from the Kanakapura assembly segment in the district.

Business

Red-faced Shah pulls up absentee BJP RS MPs

Shah said the OBC Bill was an important legislation for the Modi government and lamented that it was stalled due to lack of numbers. The opposition managed to poll 75 votes against the NDA's 54. The Rajya Sabha secretariat wrote to the Lok Sabha secretariat on Tuesday, seeking an explanation of the "impropriety" of not asking its members to come to the inauguration of a new annex to the Parliament House.

Business

Under Armour Top Views But Cuts Guidance, Announces Restructuring

They set a "neutral" rating and a $18.00 target price for the company. The Average True Range (ATR) is also a measure of volatility is now sitting at 0.66. The company projects interest expense of about $40 million and effective tax rate of 31-32%. The brand has more than doubled sales over the last three years to $4.8 billion and grown to 15,000 employees.

Business

World's Longest Pedestrian Suspension Bridge Opens Across the Swiss Alps

Thrill seekers take notice: Over the weekend, the world's longest suspension bridge for pedestrians was opened to the public. It cut the commute time between two sides of the valley from four hours to 10 minutes. It also offers those fearless enough to traverse the open air crossover views of the imposing 4,478-meter tall Matterhorn mountain. While the bridge's height has removed the risk of rock fall, more height-averse hikers may want to plan ahead before making the trek.

Business

Ian McShane has joined the Hellboy reboot

Not much is known about the plot of Hellboy: Rise of the Blood Queen yet, although audiences can probably expect to revolve around Hellboy , and the rise of some sort of "Blood Queen". What do you think about Ian McShane playing opposite a red and horned David Harbour? Instead, Marshall - who worked on the likes of " The Descent " and " Game of Thrones " - is taking charge of the film.

Business

Bolt waiting on Mourinho's call to join Man United

Bolt met with the media for what was his final pre-championships press conference and touched on a couple of topics including his frosty relationship with the medal-winning Canadian, who has repeatedly suggested that he will be getting the better of his fellow Puma brand ambassador this weekend.

Business

The American Midstream Partners, (NYSE:AMID) Receives Daily Media Impact Score of

The stock increased 0.24% or $0.05 on July 31, reaching $21.13. Stifel Nicolaus initiated Enable Midstream Partners LP (NYSE:ENBL) on Wednesday, January 18 with "Hold" rating. It has a 12.33 P/E ratio. The Company provides midstream infrastructure that links producers of natural gas, crude oil, natural gas liquids (NGLs), condensate and specialty chemicals to numerous intermediate and end-use markets.

Business

Amazon to hire 1500 at New Jersey locations today

Interested candidates who aren't able to attend the event or are interested in opportunities at locations not hosting Amazon Jobs Day events may also apply online at www.amazon.com/JobsDay. In January, Amazon announced plans to add more than 100,000 full-time jobs over the next year and a half, bringing its total USA work force to 280,000.

Business

RBI cuts repo rate by 0.25%, loans could get cheaper

The repo rate - at which the central bank lends to commercial banks - remains unchanged at 6.25 percent. This was sixth bi-monthly policy review by RBI's Monetary Policy Committee that was formed past year on the lines of Federal Open Market Committee in the US.

Business

India's true tests still to come: Ganguly

The selection conundrum is a testimony to the superb bench strength of the team. Indeed this team gives every impression that it can perform creditably away too and one has to agree with Kohli who at the end of the series against Australia was of the view that India have the arsenal to win matches overseas.


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