Business

NFL to review Panthers' medical handling of Newton hit

The NFL needs to care more about player safety. "We're not dirty, when I think of dirty, I think of stepping on somebody's ankle at the bottom of the pile, twisting somebody around", Marshall said. Marshall went out in the second quarter for a concussion evaluation but was cleared to return. Newton was asked following the game whether he'd undergone concussion testing. [Full Article...]

Federal intervention on oil pipeline project unprecedented

Federal intervention on oil pipeline project unprecedented LaDonna Brave Bull Allard was on her way to Bismarck, the capital of North Dakota, with a group of teenagers from the Standing Rock Sioux Tribe when she heard the news. "I think that's clear". ETP says the pipeline includes safeguards such as leak detection equipment, and workers monitoring the pipeline remotely in Texas could close block valves on it within three minutes if a breach is detected. [Full Article...]

Shareholders in snub to Sports Direct chairman Keith Hallawell

In a bid to prove to assembled reporters that he was all too aware of Sports Direct employees' daily ordeals, billionaire founder Mike Ashley demonstrated a routine search procedure at the company's Shirebrook warehouse. But Mr Hellawell said at the meeting that they had in fact received "much less" than that. Sports Direct's independent shareholders have voted not to re-elect Keith Hellawel... [Full Article...]

NEB panel members reviewing Energy East step down

NEB panel members reviewing Energy East step down Critics want two members to quit after it emerged they had privately discussed the project previous year with former Quebec Premier Jean Charest, who was working for TransCanada as a consultant at the time. Those various promises will be under intense scrutiny this autumn. Trudeau has long criticized the NEB process and has promised to reform it. Last year, more than 100 environmental scientis... [Full Article...]

Help sought for Korea-bound exports

A USA judge on Friday signed an order granting Hanjin Shipping provisional protection from creditors in the United States, enabling some vessels to dock and unload at US ports. Last week, the Montevideo was arrested by U.S. Marshalls after fuel suppliers laid claim on the massive ship. It said that the seven vessels were waiting in position at anchorages in various ports and the crew were "w... [Full Article...]

South Korea's Hanjin Shipping seeks court-led restructuring

South Korea's Hanjin Shipping seeks court-led restructuring The Seoul Central District Court will now decide whether Hanjin Shipping is to restructure or be liquidated. Yoo also urged lawmakers to pass an 11 trillion won ($9.86 billion) extra budget, now awaiting approval in parliament, aimed at creating thousands of jobs lost by the restructuring process. [Full Article...]

Texas mattress store apologizes for 9/11-themed video

Texas mattress store apologizes for 9/11-themed video The men knock over the towers of bedding, and the woman says: "Oh my God", lets out a small scream, and says, "We will never forget". "We are very sorry we have offended you", the post said originally, according to the San Antonio Express News . [Full Article...]

Brown Brothers Harriman Co Lowers stake in Occidental Petroleum Corporation (OXY)

Argus reaffirmed a "buy" rating and set a $56.00 price target on shares of Anadarko Petroleum Corp.in a research report on Tuesday, May 24th. BMO Capital Markets reissued a "hold" rating on shares of Anadarko Petroleum Corp.in a report on Wednesday, July 6th. [Full Article...]

Ford buys shuttle service as part of new mobility push

Please click the button below to manage your account. Ford also is partnering with Motivate , a NY company that runs bike-sharing programs in 11 US cities and in Melbourne, Australia. The CEO said that while Ford's core business still has growth potential, especially overseas, mobility services like Chariot could decrease vehicle usage in major urban areas. [Full Article...]

Increasingly risky to delay United States rate hike, Fed's Rosengren says

Increasingly risky to delay United States rate hike, Fed's Rosengren says The Fed holds its next policy meeting September 20-21. Mr. Rosengren said continuing tightness in the labor market could push the unemployment rate below full employment in the next year, which would result in labor shortages. Tarullo, a voting member on the central bank's policymaking panel, said because of false starts on inflation, he'd like to see a track closer to the Fed's 2 percent target. [Full Article...]

ValueAct buys stake in Seagate Technology

ValueAct buys stake in Seagate Technology To find out the technical position of AVGO, it holds price to book ratio of 3.35 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. Los Angeles Capital Management & Equity Research Inc. bought a new stake in Seagate Technology PLC during the first quarter worth approximately $214,000. [Full Article...]

HP Enterprise in $8.8 billion deal with Micro Focus for software assets

Established a year ago as part of Hewlett Packard Co.'s split into two companies, Hewlett Packard Enterprise sells services, software, and hardware to businesses. HPE acquired part of its software portfolio through HP's $11 billion purchase of Autonomy in 2011, a deal that was supposed to form the central part of the US group's move into software. [Full Article...]

India's richest man pledges free 4G to 1 billion people

India's richest man pledges free 4G to 1 billion people The tariff plans start from Rs 19 and goes up to Rs 4,999. Storming his way into the telecom industry, Mukesh Ambani last week announced free voice calls and free national roaming along with rock- bottom data prices on his new Reliance Jio network that debuted on September 5. [Full Article...]

Walgreens Prepares to Unload More Than 500 Stores

Walgreens Prepares to Unload More Than 500 Stores The company has a market capitalization of $89.63 billion and a PE ratio of 28.61. TheStreet Ratings rated Walgreens stock as a "buy" with a ratings score of A-. Following the completion of the transaction, the director now owns 26,690 shares in the company, valued at approximately $2,171,231.50. Bank of America Corp. [Full Article...]

Philip Hammond announces Autumn Statement on 23 November

Philip Hammond announces Autumn Statement on 23 November However, Hammond today used his first appearance in front of the House of Lords EU financial affairs committee to hit back, arguing that clearing in London benefits from economies of scale with different currencies being processed at the same time. [Full Article...]

Wells Fargo fined after opening unauthorized accounts

Wells Fargo fined after opening unauthorized accounts Wells Fargo said the agreements were made with its customers in mind and out of a desire to show accountability. In its statement , Wells Fargo said: " Wells Fargo is committed to putting our customers' interests first 100% of the time , and we regret and take responsibility for any instances where customers may have received a product that they did not request". [Full Article...]

Pipeline operator Enbridge to buy Spectra Energy for $28B

The combination will create the leading energy infrastructure company in North America and one of the leading globally based on a pro-forma enterprise value of about C$165 billion (US$127 billion). It owns and operates Canada's largest natural gas distribution company, serving residential, commercial, and industrial customers in Ontario, Quebec, New Brunswick and New York State. [Full Article...]

Goldman Sachs restricts employee political contributions

Goldman Sachs restricts employee political contributions The reports also claim that the Democrat campaign involving Hillary Clinton and Tim Kaine is not affected by the change, as Clinton does not now hold office and senators are unaffected by the adjustment. "The policy change is meant to prevent inadvertently violating pay-to-play rules, particularly the look-back provision, when partners transition into roles covered by these rules", the memo said. [Full Article...]

Bank of Canada raises concerns about economy, holds interest rate at 0.5%

Bank of Canada raises concerns about economy, holds interest rate at 0.5% Therefore it is fitting, perhaps even to some degree intentional, that the key beneficiaries of the notably dovish shift in the central bank's tone will be exporters. The economy is expected to bounce back in the third quarter as work in the oilsands brought to a halt by the Alberta wildfires resumes and reconstruction work in the Fort McMurray, Alta., area gets underway. [Full Article...]

Toronto area's home sales, average prices continue to soar in August

Toronto area's home sales, average prices continue to soar in August The average detached home sold for $905,610 last month in the suburbs, a 23.3 per cent increase from a year ago. However, compared with July, the figure was down 0.1 per cent. The benchmark price for all residential properties in Vancouver climbed 31.4 per cent from a year ago to $933,100. Home sales in Vancouver fell 26 percent over the same period, the Real Estate Board of Greater Vancouver said... [Full Article...]


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