Business
Wall Street rallies, led by Deutsche Bank, financials
Wall Street was set to open little changed on Friday, the last trading day of the quarter, as oil prices pared losses and investors assessed a set of key economic data. At midday, the Dow Jones industrial average was up 175 points, after cratering almost 200 points Thursday following a Bloomberg reported that at least 10 hedge funds were reducing risk by moving some cash out of the troubled Germ... [Full Article...]
Kaine, Pence prepare for undercard debate
Jack Kennedy was a friend of mine. This will be the first nationally televised debate for either Kaine or Pence. Bush and Quayle won the election, but Bentsen went home with the zinger of the year trophy. While in Congress, Pence supported an expansion of NAFTA, a trade agreement that Trump has railed against on the campaign trail. "What he's going to do ... [Full Article...]
Clinton calls Trump Twitter tirade 'unhinged, even for him'
I just can't do it. But days later, as he faces fallout from a poor performance, Trump and his surrogates have begun to reverse that decision. She has been endorsed by dozens of papers ranging from such expected backers as The New York Times to such once-certain GOP advocates as The Dallas Morning News , the Arizona Republic and the Cincinnati Enquirer , which on September 23 called fo... [Full Article...]
Native Canadians Join US Sioux Tribe in Fight Against Oil Pipelines
Amid ongoing signs of solidarity with his tribe's fight to stop the Dakota Access Pipeline, Standing Rock Chairman Dave Archambault II has urged the United Nations Human Rights Council to help stop the fossil fuel project in order "to protect the environment, our nation's future, our culture, and our way of life". [Full Article...]
Nissan boss: 10% tariffs would be 'handicap'
Ghosn said he wants to see a "commitment" from the UK Government that in the instance the European Union imposes tariffs on UK exports, carmakers with plants in the UK will receive "some kind of compensation". "The order of magnitude can not be calculated right now". The British government says it will get the right deal out of Brexit but some investors, especially those which export much of the... [Full Article...]
Considerable Analyst Ratings: Mylan N.V. (NASDAQ:MYL) , Mallinckrodt plc (NYSE:MNK)
Finally, BTIG Research reiterated a "buy" rating and issued a $60.00 target price on shares of Mylan in a research note on Tuesday, August 30th. Receive News & Ratings for Mylan Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mylan Inc and related companies with MarketBeat.com's FREE daily email newsletter. [Full Article...]
US stocks rebound as consumer companies and banks rise
USA stocks are skidding Thursday and giving up some of their gains from the last two days. Procter & Gamble rose 1.4 percent, the biggest gain in the Dow Jones industrial average. Procter & Gamble gained $1.23, or 1.4 percent, to $89.46 and Wal-Mart rose $1.38, or 2 percent, to $72.11. US crude picked up 38 cents to $47.43 a barrel in NY. [Full Article...]
Deutsche Bank shares tank below 10 euros for first time
Deutsche Bank AG, as the 11th largest bank in the world with about $1.9 trillion in assets, is nearly 4 times larger than its next-largest German rival, Commerzbank, with only about $560 billion in assets. That sent stocks that pay high dividends, like utilities and real estate companies, lower than the rest of the market. The FTSE 100 Index opened more than 100 points lower, led down by Royal... [Full Article...]
Decker aggravates shoulder injury, uncertain for Sunday
Some people have played with it. He's been missing practice all week. Bowles said Decker will be "week to week" going forward. Decker was injured against Buffalo on September 15, but the shoulder worsened last Sunday during the Jets' loss at Kansas City. [Full Article...]
Commuter train hits New Jersey station; no word on injuries
Accounts from officials at two hospitals said some of the injured were in critical condition. "We got off and everybody started walking like normal to go to the PATH station, and you look up, like, 'Oh, '" she said. "We are plowing through something. and when the train came to a stop, I could see the parts of the roof on the first auto and some of the debris next to me", Shah said. [Full Article...]
Gas Prices Rising Along the East Coast due to Pipeline Shutdown
The company said it has had more than 700 employees and partners on-site, and has worked with federal, state and local agencies and local emergency responders to recover gasoline from the leak site and a mining retention pond. "Gas stations are still going to be getting supplied". They practice this on a regular basis. Drivers need to be patient and avoid rushing the state's fuel pumps, Gov. [Full Article...]
Energy shares lead Asian stocks higher on OPEC output deal
Japan's benchmark Nikkei 225 index jumped 1.7 percent to 16,739.06 and South Korea's Kospi advanced 0.9 percent to 2,070.65. Under the agreement, OPEC oil production is expected to be reduced to a range of 32.5 to 33 million barrels of oil per day from 33.4 million. [Full Article...]
Energy shares fuel world stock rally on OPEC deal; oil falls
It could also hurt growth. A Saudi-led effort to freeze output collapsed in April after Iran refused to participate in a reduction. "That offers enough cushion in the current account deficit till oil prices are in the range of $60-65 a barrel", he said . [Full Article...]
DJI takes the fight to GoPro with its palm-sized 4K drone
Speaking of release date and price, the DJI Mavic Pro can be purchased for $749 without the remote controller. It also has what's called a Terrain Following System that will allow it to keep itself the same height from the ground wherever it goes. [Full Article...]
Urban Meyer: Anthem protest has not come up with Buckeyes
Chris Worley, for one, is well-aware of what lies ahead. Worse, the conferences were headed in opposite directions and people wondered if the Big Ten could ever regain its status as an elite league. This is happening, and we can change it. "This is the blueprint of what we want the football team to look like. We're really going to hit the grind". [Full Article...]
Apple to make landmark Battersea Power Station its new London home
Now vacant, the power station was designed by Sir Giles Gilbert Scott in 1929, completed 1935, and is a much-loved landmark of the capital. The company's new offices will house around 1,400 employees consolidated from eight separate locations around the capital, moving into the space in 2021. [Full Article...]
AB InBev to retain its name after SABMiller takeover
SABMiller said 95.5 per cent of minority investors approved the deal. AB InBev investors voted in favor of the deal earlier Wednesday at a meeting in Brussels. Then Anheuser-Busch had to get SABMiller's shareholders on board . AB InBev , already the world's largest brewer, has secured a shareholder vote in favour of acquisition of SABMiller, the world's second largest brewer. [Full Article...]
Stocks climb as Fed calms investors; bond prices up
As of 1553 BST the yield on the benchmark 10-year US Treasury note was higher by one basis point to 1.62%. Thursday stocks continued to rally. The Fed said it could hike rates by year-end as the labor market improved further, but scaled back the number of rate increases expected in 2017 and 2018. [Full Article...]
Purple People Eaters are back? Vikings starting to think so
He got former Heisman victor Marcus Mariota of Tennessee in the first game, two-time MVP Aaron Rodgers of Green Bay in the second and on Sunday sacked Carolina's Cam Newton , who has MVP and Heisman trophies. "I think after Danielle got the safety, we kind of woke up", Barr said. "We're going to look at making good decisions and getting the ball out on time". [Full Article...]
Stocks gain moderately as oil, commodity prices rise
Real estate companies rose as investors, comfortable that interest rates would remain low, looked for income. The Standard & Poor's 500 index gained 14.06 points, or 0.7 percent, 2,177.18 and the Nasdaq composite climbed 44.34 points, or 0.8 percent, to 5,339.52. [Full Article...]