Finance

'Pharma Bro' Martin Shkreli convicted of securities fraud, conspiracy

A securities fraud conviction has done little to silence "Pharma Bro" Martin Shkreli on social media, who imagined out loud a short stretch in a posh "Club Fe...


Ackman Seeks Control of ADP and Ouster of CEO

The investor is also planning to push for margin improvements, but didn't mention plans for a major financial overhaul, they said. "The Board has unanimously ...


Teva to Cut 7000 Jobs After Disappointing Quarter Results

The correct version of this piece of content can be read at https://www.baseball-news-blog.com/2017/08/03/teva-pharmaceutical-industries-ltd-teva-expected-to-po...


US Hiring Maintains Strong Pace, Jobless Rate Falls to 4.3%

These numbers signal that Americans are seeing reasons and motivation to jump back into the labor force to seek employment, and are actually finding jobs. "Ho...


Mazda and Toyota team up in US

Japanese automakers Toyota Motor Corp. and Mazda Motor Corp. plan to spend $1.6 billion to jointly build auto manufacturing plant in the USA - a move that w...


Bank of England cuts growth forecast as Brexit bites

The pound is down almost 1% across the board after the BOE cut its growth forecasts for the United Kingdom, and Governor Mark Carney said that the UK's econ...


A plane is flying over America right now & drawing

The 18-hour selfie flight gave a lot of people a chuckle, but this isn't the first time the Boeing team has taken a clever spin on their mandatory aircraft te...


Census Shows a Changing Canada--and Mississauga

Just over 28 per cent of all households comprised a single person in 2016 - the highest share of one-person households since 1867, making it the most common liv...


Krispy Kreme and Reese's team up for the doughnut of our dreams

Krispy Kreme has launched other adventurous products such as the "OMGhirardelli" chocolate doughnuts as part of a partnership with the Swiss confectioner. "It ...


Travellers angered by chaotic delays in major European airports

European Union member states have until October to implement the checks in full, adds the paper. The group, which represents carriers including easyJet , R...


AA PLC 41.5% Potential Upside Indicated by Liberum Capital

The stock of Synacor Inc (NASDAQ:SYNC) has "Buy" rating given on Tuesday, February 14 by Lake Street. The stock of ePlus Inc. Liberum Capital upped their target...


Apple (AAPL) Q3 iPhone Sales Up 2%, 41 Million Units Sold

The company's net income also increased to more than 8.7 billion dollars (£6.5 billion) - compared to 7.8 billion dollars (£5.9 billion) in the same period in...


Next Air Force One Planes Could Come from Bankrupt Russian Airline

Be the first to receive updates. Boeing made it very clear that the planes have never been delivered and has always been under its ownership. The airline plac...


RBI forms group to improve marginal cost of lending rate system

The monetary policy statement was arrived after a two- day meeting of the MPC headed by RBI Governor Urjit Patel . The MPC also noted that inflation is...


Apple Earnings Push Stock Market to New Record High

Other institutional investors have also recently modified their holdings of the company. JP Morgan Chase (JPM.N) rose 1.34% and Goldman Sachs (GS.N) added 0.7...


Teen Arrested After Jumping Off Copa Airlines Flight, Other Similar Incidents

An airport spokesperson says the passenger was detained by a construction crew working on the airfield and had been taken into custody. S. citizen, was travelin...


General Motors Company (GM) Lowered to "Hold" at Vetr Inc

Dimensional Fund Advisors LP now owns 14,508,664 shares of the auto manufacturer's stock valued at $513,021,000 after buying an additional 284,693 shares in the...


Eurozone manufacturing PMI cools on reduced output, orders

The Australian monetary policy statement in the meeting is not expected to have a strong reaction on the Australian Dollar performance, as the RBA didn't presen...


Bitcoin Cash to be listed for trading by Huobi, BTCC

After more than 95% of miners signalled their support for the plan it was widely assumed that a Bitcoin " civil war " had been averted. On one side is the tec...


British Gas customers to be hit with up to 12.5% price hike

BG is the latest supplier to announce their price hike of 12.5% for electricity, meaning an average rise of 7.5% for dual fuel, variable rate customers - effect...


Tesla Model 3 Performance Version Due Next Year

Were Tesla to produce, and sell 500,000 cars per year, the company would likely outsell the BMW , Mercedes, or Lexus brands in the US. Investors aren't the...


Zermatt: 'Longest' hanging pedestrian bridge opens in Switzerland

The bridge was originally conceived to replace an old suspension bridge damaged by rocks. If you're looking for a cheap thrill, then this new pedestrian suspe...


Discovery Clinches Scripps Networks Deal

Scripps stock was trading at about $67 per share before the deal talks were reported in the press. The Discovery Communications cable deal rests on some ros...


Eurozone GDP growth ticks up to 0.6% in Q2; euro steady

It intends to begin the process in the autumn, although inflation remains low at 1.3%, well under the 2% target for the eurozone. The ECB wants inflation to...


Rory McIlroy SACKS caddie JP Fitzgerald to end nine-year relationship

With Rory McIlroy at five-over for the opening nine holes on the first day of The Open , Fitzgerald turned to his golfer and said, " You're Rory McIlroy, wha...


Sprint posts first profit in three years and customer gains

Charter is now planning to launch its own wireless service on Verizon Communications Inc's network next year, and analysts have said that renting a network fr...


HSBC sees Brexit costs of up to US$300m

HSBC said it continues to shift the business mix towards Asia, with its loan portfolio in the region growing by $31 billion over the half year to $401 billion. ...


Sensex ends at record close; Eicher Motors leads

At 0618 GMT, the S&P BSE Sensex rose 0.02 percent to 32,522 while the broader NSE Nifty advanced 0.07 percent to 10,084. The gauge had risen 205.06 points in ...


White House pushes incoherent talking point about Russian sanctions bill

Russian President Vladimir Putin says the United States will have to cut its diplomatic staff in Russia by 755 under new sanctions from Moscow. On July 2...


Gingrich on John Kelly: White House 'Game Changer'

Kelly, a four-star US Marine Corps general, was previously employed as the secretary of homeland security before retiring previous year. "He has been a true ...


Delta Air, Air France, Virgin Atlantic, China Eastern Ink Billion-Dollar Deal

Once the transaction receives regulatory and board approval, Air France-KLM will become the second-largest shareholder in Virgin Atlantic after Delta , which...


U.S. economy grows 2.6% in second quarter

A resurgence in consumer spending accounted for the bulk of the pickup in in the second quarter, helped by a steady job market and household finances boosted by...


Starbucks will close all Teavana locations, including 3 in Pittsburgh area

Starbucks announced Thursday that it will be shuttering all locations of Teavana , a tea-centric shop that now boasts 379 locations throughout the country. T...


Will Other Apple's iPhone Suppliers Follow Foxconn to the US?

Indiana, North Carolina, Ohio, Texas, Pennsylvania and NY were also in the running. "The bottom line is this company has a concerning track record of big announ...


Top Woodford stock AstraZeneca dives on drug blow

In an update to the stock market, the company - which makes many widely used clinical drugs, including anaesthetics and diabetes treatments - said that initial...


Britain bans polluting petrol, diesel cars from 2040

The UK is set to ban the sale of all diesel and petrol vehicles from 2040, following in the footsteps of France . It came after judges agreed with environmen...


Gold rises to six-week high as dollar drops after Fed statement

At the last meeting in June , the Fed had said balance sheet normalization would start "this year", having first flagged the action back in March. 'Previousl...


Inventories Spread: Oil Prices Could See More Upside

That brought US inventories down to 483.4 million barrels, still well above the five-year average but down almost 10 percent from their peak in late March. Sinc...


Ford Motor Company (F) Releases FY17 Earnings Guidance

A number of other large investors have also recently added to or reduced their stakes in F. Advisor Partners LLC increased its stake in Ford Motor by 6.3% in ...


Country faces fuel shortage as oil tankers go on strike

On the other hand, Ogra suspected the oil marketing companies for orchestrating the strike through oil tankers owners and pledged not to compromise on safety st...


Lyft, Taco Bell team up to answer late-night cravings

The company shared the news in a blog post Tuesday, writing the new collaboration with Taco Bell will delight consumers "with a unique ride-thru experience"...


Barnes & Noble, Inc. (NYSE:BKS) Sees Unusual Trading Volume in Its Shares

Morgan Stanley downsized its holdings by selling 548 shares a decrease of 3.3%. The value of the investment in Barnes & Noble Education, Inc went from $2,000 to...


USA working on 'very big and exciting' deal with United Kingdom says Trump

Fox accused the media on Monday of being obsessed with concerns about chlorine-washed chicken being sold in Britain as part of a potential trade deal with the U...


Rahul to miss Galle Test with fever

But Ashwin insisted that it was all in the past. "We are well past that moment (when the difference of opinion emerged between captain Virat Kohli and forme...


Grab raises $2 billion from SoftBank and Didi Chuxing

This investment values Grab at $6 billion, nearly double that of its earlier valuation, TechCrunch reported. An amount of $500 million is expected to be ...


It found more than 2500 products shrunk without getting any cheaper

And while the move has had little impact on the headline rate of inflation, the change in packet size has triggered a 1.22 percentage point rise within the sub-...


New York Times asks Fox for apology after 'inaccurate segment'

After Doocy's remarks aired, a Times spokesperson told CNNMoney that the segment "wasn't an apology , nor did it begin to address the larger issues with the ...


Audi announces retrofit programme for 850000 diesel cars

Owned by the Volkswagen Group, Audi, the luxury auto brand announced the voluntary upgrade of the diesel vehicles this Friday. The maker of Mercedes-Benz ca...


Mideast growth to dive as Saudi economy stagnates

The International Monetary Fund lowered growth expectations for the United Kingdom and USA economies Monday amid expectations of a pullback in government stim...


Saudi calls OPEC members to stick to limits, sees oil demand up

Libya's oil production has reached 1.069 million barrels per day, a Libyan oil source told Reuters, above a high reached earlier this month. WTI posted a a...