Business

Liquidation sale to begin at Staten Island Toys R Us

Liquidation sale to begin at Staten Island Toys R Us Last week, Toys "R" Us announced it had begun the process of shuttering its 700-plus remaining U.S. stores, leaving a number of analysts and toymakers questioning the long-term fate of the industry. A representative of Babies R Us couldn't be reached about the timing of its inventory liquidation. The plan includes airport locations , global expansion and a new, smaller NY flagship. [Full Article...]

Wall St advances on energy bump; Facebook woes continues

Wall St advances on energy bump; Facebook woes continues The S&P 500 lost 11.84 points, or 0.430231 percent, to 2,740.17. It fell almost 7% after the European and U.S. lawmakers called for investigations into reports that a consultancy that worked on President Donald Trump's campaign gained access to data of 50 million Facebook users. [Full Article...]

Facebook's security head will leave after dispute over handling of interference

Facebook's security head will leave after dispute over handling of interference According to The Times report, Stamos initially told the company he wanted to leave in December, after his day-to-day duties were reassigned. In a tweet , Stamos said his role changed, but "I'm now spending more time exploring emerging security risks and working on election security". [Full Article...]

Officer Shoots Gunman After Lengthy Standoff in Princeton

Officer Shoots Gunman After Lengthy Standoff in Princeton Municipality of Princeton police have surrounded an armed man inside the Panera restaurant on Nassau Street, across from campus. Customers and employees were able to flee the building, and police secured the perimeter of the restaurant. During the interview , the gunman could be heard over the police scanner saying "no one is coming through those doors". Further information will be posted on th... [Full Article...]

First pedestrian fatality from self-driving vehicle raises more safety concerns

First pedestrian fatality from self-driving vehicle raises more safety concerns Consumer Watchdog states that although this is the first known death caused by a autonomous vehicle on public road, this tragedy is unsurprising given the information revealed in the disengagement reports about the "autonomous" capabilities of these vehicles. [Full Article...]

Gold Off Two-Week Lows Ahead Of US Central Bank Policy Meet

Gold Off Two-Week Lows Ahead Of US Central Bank Policy Meet In the previous session, it touched $1,307.51 an ounce, its lowest since March 1. The most active gold contract for April delivery went up 5.5 dollars, or 0.42 percent, to close at 1,317.8 dollars per ounce. Holdings at the SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, holdings rose 1.26 per cent, their best one-day percentage rise since Jan 18, to 850.84 tonnes on M... [Full Article...]

Ashley Young thinks Luke Shaw can still become 'world class'

Ashley Young thinks Luke Shaw can still become 'world class' Having lost his place in Gareth Southgate's England plans as a result of his sporadic appearances at club level, Shaw , who moved to United for £30 million in 2014, is said to be deeply effected by Mourinho's harsh criticism of him. Who should be helping Shaw? As it happened, Shaw spent the rest of the 2016 out with a groin injury. I can not overstate how angry people in his camp are. [Full Article...]

IndiGo forced to ground another A320neo as P&W engine problems persist

IndiGo forced to ground another A320neo as P&W engine problems persist The DGCA said it has not got a "firm commitment" from the USA engine manufacturer Pratt and Whitney on addressing fresh safety concerns, which forced it to ground the fleet. The IndiGo flight (6E 132) which was grounded at Delhi's Indira Gandhi International Airport operated in the Bangalore-Delhi sector before a problem in the engine was detected by the pilot. [Full Article...]

The Voice UK to replace cancelled Saturday Night Takeaway this weekend

The Voice UK to replace cancelled Saturday Night Takeaway this weekend ITV has cancelled this weekend's episode, and is "reviewing" the next two. The Saturday Night Takeaway presenter - and one half of famous duo Ant and Dec - was videoed arriving back at his house in the early hours of this morning. "He has spoken with Dec and ITV today and asked for time off for the foreseeable future". "I'd personally like to thank my family, my friends - some of who are... [Full Article...]

Qualcomm's Former Chairman Seeks Funding for Buyout, FT Reports

Qualcomm's Former Chairman Seeks Funding for Buyout, FT Reports Jacobs has been with Qualcomm since 1990, rising to the level of Chief Executive Officer and Chairman of the Board. The board largely agreed with Jacobs that Broadcom's bid was too low. Jacobs didn't immediately respond to a request for comment. Any deal is at the exploratory stage and no financial commitments have been made, the person also noted. [Full Article...]

Louis-bound United flight diverted after pet mistakenly loaded onto plane

Despite her protestations, the woman said the United flight attendant told her she must put the dog in the overhead bin. Now, United is under criticism again after the Swindle family realized they'd been swindled when their dog who should've flew to Wichita, Kansas instead crossed two oceans and landed in Japan. [Full Article...]

FDA Issued Advance Notice to Resets Nicotine Level in Cigarettes

FDA Issued Advance Notice to Resets Nicotine Level in Cigarettes So could these cigarettes actually work to reduce nicotine addiction and prevent tobacco-related deaths? The agency announced last summer that it wants to cut nicotine levels in cigarettes to nonaddictive levels. Commissioner Scott Gottlieb announced the issuance of an "advanced notice of proposed rulemaking", the earliest step in what is likely to be a complicated regulatory effort to... [Full Article...]

IHeartMedia Says Business Will Continue During Debt Restructuring

IHeartMedia Says Business Will Continue During Debt Restructuring IHeartMedia , the largest internet radio broadcasting company in the U.S., filed for Chapter 11 bankruptcy protection on Thursday. According to Wooten, the company entered into Chapter 11 in order to " reorganize our corporate debt ", and this will help to " resolve an issue that has been hanging over the company for some time ". [Full Article...]

Broadcom To Scrap Qualcomm Bid After Trump Block

Broadcom To Scrap Qualcomm Bid After Trump Block Broadcom said it had withdrawn its candidates for the board of directors of Qualcomm, which it had hoped shareholders would elect to endorse the $117 billion deal that would have been the biggest mergers in the tech sector. The order quashing the Broadcom-Qualcomm deal is being met with a wide range of reactions. In September 2017, President Trump issued an Executive Order blocking a Chin... [Full Article...]

Why nearly 100 Winn-Dixie stores are to be closed in USA

Why nearly 100 Winn-Dixie stores are to be closed in USA Landlords at the closed stores will be stuck with large spaces to fill at a time when some retailers are cutting down on their brick-and-mortar stores, or going out of business. The company said it hopes to complete entire bankruptcy and closure process within 90 days. Southeastern executives say the planned restructuring should put it in better financial position, including a $500 million reducti... [Full Article...]

Hundreds of Montclair Students Walk Out in Protest of Gun Violence

Hundreds of Montclair Students Walk Out in Protest of Gun Violence We're going to have to live with whatever laws that the current lawmakers make today. The students there simply memorialized the victims by tying 17 balloons to a flag pole and giving speeches during the 17-minute span. Stoneman Douglas High senior David Hogg, who has emerged as one of the leading student activists, livestreamed the walkout at the tragedy-stricken school on his YouTube channel. [Full Article...]

Oil prices holding gains despite supply warning

Oil prices holding gains despite supply warning The West Texas Intermediate (WTI) for April delivery was up 0.25 US dollar to settle at 60.96 dollars a barrel on the New York Mercantile Exchange, while Brent crude for May delivery added 0.25 dollar to close at 64.89 dollars a barrel on the London ICE Futures Exchange. [Full Article...]

Google to Ban Crypto Ads

Google to Ban Crypto Ads Since the parent company Alphabet's 84% of the total income depends on ad revenues, Google appears to be ultra careful about the means. Google told Bloomberg that it will have systems in place to detect such workarounds. Under the new policy, the company will ban ads for unregulated or speculative financial products like binary options , cryptocurrency and financial spread bett... [Full Article...]

McAfee Launches Industry's Most Comprehensive Cloud Security Solution for Microsoft Azure

McAfee Launches Industry's Most Comprehensive Cloud Security Solution for Microsoft Azure The company will offer Microsoft Azure , Office 365 and Dynamics 365 from new datacentre locations, in addition to the options now available in Germany. Businesses operating in France now have the option to buy on-demand computing resources from Microsoft's Azure unit and also subscribe to its Office 365 workplace software, delivered from the cloud data center. [Full Article...]

May Still Not Confronting Realities of Brexit, EU's Barnier Says

May Still Not Confronting Realities of Brexit, EU's Barnier Says Michel Barnier said any attempt by Britain to gain a competitive edge through the use of what is termed "dumping" would jeopardize hopes the country has for a smooth and orderly withdrawal from the EU. "Now we have the chance to reduce the uncertainty for companies on both sides of the Channel", said he, without specifying what the extraordinary plans would be. [Full Article...]


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