Business

President nod to Ordinance to amend Insolvency and Bankruptcy Code

President nod to Ordinance to amend Insolvency and Bankruptcy Code The Union Cabinet on Wednesday cleared an Ordinance that may make it impossible for wilfully defaulting promoters who have indulged in preferential transactions, disqualified under the Companies Act or found guilty of a fraud, to bid for companies. [Full Article...]

What to expect if you are traveling this Thanksgiving

What to expect if you are traveling this Thanksgiving Courtney said. Many people across the region began plotting their course of travel early. He says there will be between 22 and 28 thousand people *departing* from the airport today, and just as many arriving. If your commute is by auto, timing is key for the expected 2.3 million drivers on Florida's roads. Experts say that's because tickets are the cheapest they've been in the past four years. [Full Article...]

DOJ sues to block AT&T-Time Warner merger

DOJ sues to block AT&T-Time Warner merger The U.S. Justice Department is poised to sue to block AT&T's $85.4 billion takeover of Time Warner, according to a person familiar with the matter, culminating more than a week of sparring over the deal and dealing a major blow to the carrier's bid to create a media and telecommunications empire, Bloomberg News' Sara Forden and David McLaughlin report . [Full Article...]

Plowing up the statistics on: Deere & Company (DE)

Plowing up the statistics on: Deere & Company (DE) BlackRock Inc. raised its position in shares of Deere & by 2,432.6% in the first quarter. The President, WW C&F, Lbr Rltns now owns $5,717,717 of the stock per the Form 4 SEC filing. The company has a quick ratio of 1.90, a current ratio of 2.10 and a debt-to-equity ratio of 2.76. Deere &'s dividend payout ratio (DPR) is presently 40.20%. [Full Article...]

Days After Oil Spill, Construction Approved for TransCanada's Keystone XL Pipeline

Days After Oil Spill, Construction Approved for TransCanada's Keystone XL Pipeline The approval comes five days after a pipe rupture on another TransCanada line caused a major leak in South Dakota, spilling more than 200,000 barrels near the town of Amherst. The pipeline may also be more commercially viable given declining heavy oil production in Mexico and ongoing instability in Venezuela, said Zachary Rogers, a refining and oil markets research analyst at Wood Mackenzie, s... [Full Article...]

CPC Slams FCC Net Neutrality Decision in Favor of Big Corporations

CPC Slams FCC Net Neutrality Decision in Favor of Big Corporations Net neutrality makes the internet as a public utility, much like electricity, gas, or water service to your home. The repeal would represent a fundamental shift to how the internet is regulated. Pai distributed his alternative plan to other FCC commissioners Tuesday in preparation for a December 14 vote . All of it coming to us at the same speed thanks to net neutrality. [Full Article...]

'Game Of Thrones' Hack Investigation Sees US Prosecutors Charge Iranian Man

'Game Of Thrones' Hack Investigation Sees US Prosecutors Charge Iranian Man The company also took down the website and digital locker used by the hacker to distribute show materials after sending takedown notices to internet-service providers, The Wall Street Journal previously reported . The complaint mentions, "At certain times, MESRI was a member of an Iran-based hacking group called the Turk Black Hat Security team". MESR attempts to penetrate the network HBO ... [Full Article...]

Uber admits to covering up cyberattack that affected 57 million users

Uber admits to covering up cyberattack that affected 57 million users They also managed to download the names and driver's licence numbers of around 600,000 drivers in the US. He was not at the helm when it happened. The Uber CEO said that he only recently learned that outsiders had broken into a cloud-based server used by the company for data and downloaded a "significant" amount of information. [Full Article...]

Volvo to supply "tens of thousands" of autonomous cars to Uber

Volvo to supply The deal builds on a non-exclusive agreement signed back in 2016 by Uber and Volvo, which is expected to release its first self-driving auto in 2021. Uber has been testing prototype Volvo cars for more than a year, with safety drivers in the front seat to intervene if the self-driving system fails, in Tempe, Arizona and Pittsburgh. [Full Article...]

Massive gas line fire in Orion Township, Mich. leads to evacuations

Massive gas line fire in Orion Township, Mich. leads to evacuations The fire broke out on vacant land. Oakland County sheriff's officials say the blast area, located in Orion Township on the north of Brown Road and west of Joslyn Road, is almost 40 yards in diameter. Consumers says no customers had service interrupted because of the incident and no injuries were reported. All roadways in the area were reopened by 4:00AM Tuesday morning. [Full Article...]

Highest Thanksgiving travel volume since 2005 expected this week

Highest Thanksgiving travel volume since 2005 expected this week The worst traffic is expected Tuesday between 3:15 p.m. and 6 p.m., when holiday travelers and weekday commuters are on the road at the same time, according to AAA and INRIX. - Safety experts advise buying a seat for babies and toddlers, but if you've got a "lap child" under 2 who is flying free, bring a birth certificate copy because airlines sometimes ask for proof of age. [Full Article...]

The Best Apple Black Friday Deals For This Weekend

The Best Apple Black Friday Deals For This Weekend If you're finally ready to experience the event for yourself, here's what you need to know compete with the most seasoned shoppers - while keeping your spending in check. For example, good use of online data could highlight the products customers are interested in, enabling offers to be appropriately targeted. Dozens of TVs are manufactured specifically for Black Friday which means fewer HDMI port... [Full Article...]

Volvo signs deal with Uber for self-driving vehicle supply

Volvo signs deal with Uber for self-driving vehicle supply Bloomberg reported the figure at 24,000 vehicles, to be delivered between 2019 and 2021. The company now plans for the release of its first fully autonomous vehicle to take place in 2021. Driverless rival Waymo, Alphabet's autonomous vehicle unit, recently announced plans to launch its own self-driving ride hailing service open to consumers toon, which might be part of the impetus behind Uber a... [Full Article...]

Thanksgiving 2017 forecast: It's going to be chilly

Thanksgiving 2017 forecast: It's going to be chilly Winds shift from north in the morning to southeast in the afternoon at 0-5 miles per hour. Thursday night: Partly cloudy, low around 30. A mostly clear sky is expected. Monday is expected to be the seventh and last in a stretch of days with highs in the mid- to upper 60s. Saturday: Mostly sunny, high near 40. [Full Article...]

Trader Joe's recalls salads due to possible glass inside — RECALL ALERT

Trader Joe's recalls salads due to possible glass inside — RECALL ALERT Products with different inspected codes are produced in separated facilities and were not affected by the recall. The ready-to-eat chicken and turkey salads were produced from November 4 - 15, 2017. If you've purchased any of these fresh salads with the affected codes immediately throw it away or return it to any Trader Joe's locations for a full refund. [Full Article...]

Moody's upgrade India's credit rating after 13 years

Moody's upgrade India's credit rating after 13 years President of industry chamber Ficci Pankaj Patel said the development underlines the fact that India is moving in the right direction. MARKETS SURGE At 0550 GMT, the benchmark 10-year bond yield was down 9 basis points at 6.97 percent, the rupee was trading stronger at 64.84 per dollar versus the previous close of 65.3250, while the NSE share index .nsei was 1.1 percent higher."We have been expect... [Full Article...]

Police warn of fake GoFundMe pages created for slain Baltimore detective

Police warn of fake GoFundMe pages created for slain Baltimore detective Davis said the shooter, who investigators suspect was wounded in the confrontation with Suiter, is likely in Baltimore . Suiter was transported to shock trauma in critical condition Wednesday, and he died Thursday afternoon. He leaves behind a wife and two children. She said Baltimore can and will "do better", if all city residents pitch in. "Rest assured, however, that this has not broken ... [Full Article...]

Feds Arrest 267 in MS-13 Gang Crackdown

Feds Arrest 267 in MS-13 Gang Crackdown Immigration and Customs Enforcement (ICE) and the Department of Justice and led by federal, state and local enforcement. "That's why I have ordered our drug-trafficking task forces to use every law available to arrest , prosecute, convict and defund MS-13". [Full Article...]

Comcast has approached 21st Century Fox about buying major assets, sources say

Comcast has approached 21st Century Fox about buying major assets, sources say Fox is now bidding to take full control of Sky in a £11.7 billion deal which has become the subject of regulatory scrutiny over Murdoch's - who also owns the Sun and Times newspapers - level of influence. The sector is being roiled by so-called "cord cutting" with consumers ending or paring expensive bundles of cable channels, and younger viewers relying on streaming services. [Full Article...]

Hollister powers Abercrombie to better-than-expected Q3

Hollister powers Abercrombie to better-than-expected Q3 Among 7 analysts covering Assurant ( NYSE:AIZ ), 2 have Buy rating, 1 Sell and 4 Hold. However, at the Wall Street, the shares for the company has been tagged a $11.31 price target, indicating that the shares will drop -9.88% from its current levels. [Full Article...]


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