Business

Alabama officer killed, suspect found dead after standoff

Alabama officer killed, suspect found dead after standoff Police identified her ex-husband, Robert Hollie, as a person of interest and set up a perimeter around his Toulminville home. Governor Kay Ivey said in a statement that Alabama "was mourning the loss of one of our own Mobile Police Officers" and added "my prayers are with his wife, young child and the city of Mobile". [Full Article...]

Walmart-Flipkart deal may result in physical retail store chain

Walmart-Flipkart deal may result in physical retail store chain Walmart has worked quickly to construct its online business over recent years to head off the dominance online of Amazon . Walmart's online business has grown rapidly in the past year. "They're doing well", Yarbrough said. Walmart global net sales were $33.1 billion, increasing 6.7 percent year over year. In the company's fourth-quarter report published on February 20, Walmart revea... [Full Article...]

Inslee Statement on New Pennsylvania Congressional Map

Inslee Statement on New Pennsylvania Congressional Map If it stands, the revised map is nearly certain to improve Democrats' chances in more seats this year. The 6th District, now held by U.S. Rep. Ryan Costello, a Chester County Republican who represents part of Berks, would cover all of Chester and a swath of southern Berks County, including Reading. [Full Article...]

Ferrari just unveiled a 711-horsepower supercar that's crammed with racing DNA

Ferrari just unveiled a 711-horsepower supercar that's crammed with racing DNA Ferrari hasn't yet offered detail as to where such a hefty boost comes from, saying only that it's an "extreme evolution" of the twin-turbo 3.9-litre V8 in the regular GTB . The 488 Pista is also almost 200 pounds lighter than the 488 GTB, giving it a dry weight of only 2,822 pounds. A set of specially-developed Michelin tyres are also part of the package. [Full Article...]

Volkswagen teases ID Vizzion concept

Volkswagen teases ID Vizzion concept There are also hints of the I.D. Cross in the heavy curvature of its roof and the sweeping line of its rear pillars. Volkswagen's newest concept autonomous vehicle will be introduced next month, and it can be controlled using just voice and gesture controls. [Full Article...]

Crude Oil Price Forecast February 20, 2018, Technical Analysis

Crude Oil Price Forecast February 20, 2018, Technical Analysis A narrower premium of Brent to WTI means it is also less attractive for consumers in north-west Europe to import US crude , especially with refiners conducting maintenance. Should they continue their path of contributing to the global glut, allowing oil prices to remain low, breaking pacts, fostering mistrust with economic superpowers, and ramping up production just as the nation's biggest impo... [Full Article...]

Comparable sales shine at Home Depot

Comparable sales shine at Home Depot Rothschild Capital Partners Llc bought 16,531 shares as the company's stock rose 9.30% with the market. Home Depot stock has climbed about 30% since it reported its fourth-quarter results a year ago. The Home Depot , Inc (The Home Depot ) is a home improvement retailer. The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 22nd. [Full Article...]

HSBC annual profit disappoints, plans up to US$7b capital raising

HSBC annual profit disappoints, plans up to US$7b capital raising The bank said pretax profit, after adjusting for one-off items and currency fluctuations, increased 11 percent to $21 billion in 2017, as adjusted revenue climbed 5 percent to $51.5 billion. He has dealt with the after-effects of rapid expansion that caused the bank to lose its grip on activities in Mexico, where it was used to launder money by drug gangs, and Switzerland, where it admitted aiding... [Full Article...]

Winn-Dixie, Tops owners look at bankruptcy, Bloomberg says

Winn-Dixie, Tops owners look at bankruptcy, Bloomberg says A report published by Bloomberg says two USA supermarket chains are preparing bankruptcy filings. Bi-Lo is laboring under more than $1 billion in debt following its 2005 buyout by Lone Star Funds . Bloomberg notes that the grocer began nearly a century ago in Niagara Falls. They say the Williamsville-based supermarket's debt and intense industry competition may be behind the potential filing. [Full Article...]

Airline employee saves teens from predator by 'trusting her gut

Airline employee saves teens from predator by 'trusting her gut American Airlines customer service agent Denice Miracle knew something was awry when two girls, ages 17 and 15, came to her ticket counter one Thursday afternoon last August. 'When I told them that they didn't have a flight home, that's when it kind of sunk in that maybe I was actually telling the truth, ' Sanderson added. [Full Article...]

Flight from Dubai forced to land after passenger refuses to stop farting

Flight from Dubai forced to land after passenger refuses to stop farting When the plane landed in Vienna , Austria, police climbed on board with dogs and removed the two men along with two sisters sitting nearby. A spokesman for the airline said that our crew makes sure to provide a safe flight to the passengers. [Full Article...]

PNB fraud: Kejriwal says Congress, BJP 'equally corrupt'

PNB fraud: Kejriwal says Congress, BJP 'equally corrupt' The Income Tax Department attached nine more accounts with Rs 81 lakh cash belonging to Gitajanli Group, of Nirav's uncle Mehul Choksi. The bank officials are alleged to have issued fake Letter of Undertaking (LoUs) to overseas branches of domestic banks based on which those banks released funds to the suppliers of Nirav Modi's firms and his associate Mehul Choksi of Gitanjali Gems Ltd. [Full Article...]

The Apple Inc. (AAPL) is Midas Management Corp's Largest Position

The Apple Inc. (AAPL) is Midas Management Corp's Largest Position Apple Corp. now has $874.91B valuation. The stock decreased 0.32% or $0.56 during the last trading session, reaching $172.43. About 40.18 million shares traded or 18.57% up from the average. Since August 15, 2017, it had 0 insider purchases, and 1 sale for $3.25 million activity. The insider SCHILLER PHILIP W sold 56,808 shares worth $8.79M. [Full Article...]

Kraft Heinz Co (KHC) Looking To Gain Traction: What the Technicals Reveal

Kraft Heinz Co (KHC) Looking To Gain Traction: What the Technicals Reveal The Kraft Heinz Company ( KHC ) is expected to post revenue of $6.58 Billion in the current quarter, according to consensus of 12 analysts. Kraft Heinz said several of these problems are likely to persist this year. Magellan Asset Management Ltd now owns 21,429,032 shares of the company's stock worth $1,666,322,000 after buying an additional 4,998,778 shares during the last quarter. [Full Article...]

PNB Case: Will take Appropriate Supervisory Action, Says RBI

PNB Case: Will take Appropriate Supervisory Action, Says RBI Seeking police remand for the maximum period of the accused, a Central Bureau of Investigation's counsel said investigators need to recover certain important documents and records pertaining to the case, unravel the modus operandi of the fraudsters and zero in on the exact magnitude of the crime. [Full Article...]

FineMark National Bank & Trust Sells 1955 Shares of Mondelez International Inc (MDLZ)

Northstar Asset Management Llc who had been investing in Mondelez International for a number of months, seems to be less bullish one the $63.66 billion market cap company. portfolio. Jefferies has "Buy" rating and $40 target. TheStreet upgraded shares of Mondelez International from a c+ rating to a b rating in a research report on Thursday, December 21st. [Full Article...]

US stocks futures sink as strong inflation data raises rate hike fears

US stocks futures sink as strong inflation data raises rate hike fears Advancing issues outnumbered decliners on the NYSE by 1,856 to 716. - Stocks powered higher Monday, sending the Dow Jones industrial average up 410 points, as the market clawed back more of its massive losses from the previous two weeks. [Full Article...]

Angela Merkel 'curious' about Britain's Brexit deal

Angela Merkel 'curious' about Britain's Brexit deal During talks with Angela Merkel on Friday, Mrs May said both sides need to be "bold and ambitious" in framing their future relations. "Those who threaten our security would like nothing more than to see us fractured", she will warn the security experts gathered in Germany on Saturday. [Full Article...]

PNB scam: ED conducts raids on Nirav Modi's house, office

PNB scam: ED conducts raids on Nirav Modi's house, office Though the scam, mainly involving the PNB , is about Rs 11,000 crore, the Congress said it would be around Rs 30,000 crore if banking experts are to be believed, as more banks were exposed to companies owned by Chokshi and Nirav Modi . It is said to have sought the help of the government to get out of the mess. These companies had opened current accounts at a domestic branch of PNB and as per ... [Full Article...]

Your Sports Illustrated Swimsuit 2018 Cover Model is Danielle Herrington!

Your Sports Illustrated Swimsuit 2018 Cover Model is Danielle Herrington! Herrington is the third black woman to appear on the cover of the annual issue that launched in 1964. Hailing from Compton, California, Herrington just began modeling a year ago and already has catapulted to the forefront of the industry by landing the iconic SI swimsuit cover issue. [Full Article...]


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