Business

Thomas scores 25, Celtics fight off Nets 122-117

Thomas scores 25, Celtics fight off Nets 122-117 Thomas, Crowder, Horford, Avery Bradley and Amir Johnson re-entered the game with an eight-point lead and 2:07 left and did just enough to protect it. They simply rely too much on their one star player, Brook Lopez to be able to play team basketball and compete against the best teams in the NBA. Nets: Earlier in the day, Lin donated $1 million to Harvard, where he graduated in 2010. [Full Article...]

Ericsson appoints new CEO amid decline in networks industry

Ericsson appoints new CEO amid decline in networks industry According to Leif Johansson, chairman of Ericsson's board of directors, Ekholm was chosen two months ago due to his extensive background in telecommunications/technology and through is experiences as CEO at listed companies. Ekholm's appointment initially breathed some life into Ericsson's battered shares which later traded down 1.1 percent at 1136 GMT and remain down 46 percent year to date. [Full Article...]

Syndicate Bank Q2 profit slumps 75 pc to Rs 82 cr

Syndicate Bank Q2 profit slumps 75 pc to Rs 82 cr This significant downfall from the same quarter a year ago is alarming for the private lender as it had reported a PAT of Rs 1,950.60 crore in 2015's September quarter. India's banking sector majors on Tuesday reported mixed earnings results for the second quarter of the current fiscal. The bank's operating profit rose by 11 per cent to Rs 8570 crore in H1FY17 on yearly basis. [Full Article...]

Teen girl beaten, sexually assaulted in Bronx Park, NYPD says

Teen girl beaten, sexually assaulted in Bronx Park, NYPD says The girl was attacked and kicked in the head sometime overnight near Bronx Boulevard and East 213th Street. The teen met the man just before 5 a.m. Alyssa of Kingsbridge Terrace in the Bronx was reported missing after she disappeared on October 17 at about 8:15 a.m. from in front of Dewitt Clinton High School at 100 West Mosholu Parkway South in the Bronx , according to police . [Full Article...]

Caterpillar Expects 2016 Results Below Estimates; Issues 2017 Outlook

Caterpillar Expects 2016 Results Below Estimates; Issues 2017 Outlook For all of Caterpillar's current issues, Oberhelman and his team have set up Caterpillar to benefit when those end markets do recover. For FY17, the company said it preliminarily expects revenues not to be significantly different from 2016. [Full Article...]

Bangladesh hope Chittagong marks a test turning point

Bangladesh hope Chittagong marks a test turning point Debutant Sabbir Rahman (64 not out) and Taijul Islam (16) negotiated the first three overs safely, taking 10 runs off their target, before Stokes trapped Taijul lbw to break the partnership. "I'm glad we held our nerve , the quality we have in our attack, we got it reversing", he said. "It was such a tight game, so credit to both sides. [Full Article...]

Twitter to Lay Off Hundreds of Workers

Twitter to Lay Off Hundreds of Workers Those numbers could change , as planning isn't final yet. However, according to Bloomberg's anonymous sources, the number of employees being let go could change as Twitter's restructuring plans are still fluid. Twitter won't reveal whether its revenue growth will continue to slow until October 27, when it reports its second-quarter earnings. Over the past year, Twitter's stock price ... [Full Article...]

Nurse who survived Ebola settles with Texas hospital system

Nurse who survived Ebola settles with Texas hospital system Your current subscription does not provide access to this content. Pham have resolved the pending lawsuit, and wish the best for each other going forward. The lawsuit said that after Duncan died, Pham was told that what she had worn was safe and that she had no risk of contracting Ebola. The complaint claimed THR released that her health, while hospitalized, improved when, in actuality, it deter... [Full Article...]

Prison term for disgraced former AG Kathleen Kane

Prison term for disgraced former AG Kathleen Kane In a plea for leniency today, she told the court , "I really don't care what happens to me", before asking Montgomery County Court of Common Pleas Judge Wendy Demchick-Alloy to consider her 14- and 15-year-old sons in her sentencing . "It's been a really hard two years", he said. "She rose from poverty to a pinnacle, and has already fallen", lawyer Mark Steinberg wrote in the defense sentencin... [Full Article...]

Upcoming console not supporting backward compatibility feature

Upcoming console not supporting backward compatibility feature Considering the type of console Switch is, it looks like we may have to once again rely on Nintendo to provide the goods and not third parties which I presume with stop supporting it within 2 years. "It adds the mobility of a portable system to the power of a home gaming system." the Nintendo spokesperson added. It's awesome that you can take out games on the go. [Full Article...]

Rockwell Collins bets on smart jets with $6.4 billion deal

Rockwell agreed to pay $34.10 a share in cash and $27.90 in shares of Rockwell Collins stock, a 22.5 percent premium to B/E Aerospace's closing price on Friday. The Dow Jones industrial average rose 85 points, or 0.5 percent, to 18,231. The deal is expected to close in spring 2017. Rockwell, which makes flight deck avionics, mission communications and simulation and training, also will assum... [Full Article...]

TD Ameritrade, TD Bank to buy Scottrade for $4 billion

TD Ameritrade, TD Bank to buy Scottrade for $4 billion TD Ameritrade is issuing another $400 million of new shares to TD Bank to raise cash for the deal, a move that will leave TD Bank with a stake of 41.4% in its brokerage affiliate, down from 42.35% at present, a spokeswoman said. Scottrade founder and CEO Rodger Riney , who owns the company with his family, will join TD Ameritrade's board after the deal closes. "It just means fewer buildings", ... [Full Article...]

More than 1.1 million have already cast ballots in Florida

But it was still shorter than many lines were on the first day of early voting. Twin Lakes Area voters in Baxter and Marion county may cast their early votes at their respective county courthouses from 8 a.m. "When you look at the enthusiasm numbers for each candidate they are below 2012, 2008, and 2004", Dowd said. There is some surprise in states that are changing political stances, McKee sa... [Full Article...]

Pallonji Group to fight Cyrus Mistry's removal as Chairman of Tata Sons

The board made its decision at a lengthy meeting on Monday, with six of the nine members backing the ousting of Mistry , said one source who was not authorized to publicly discuss the matter, and did not want to be identified. Mistry (48) was the sixth Tata Group Chairman. It included N S Rajan from Ernst & Young, Tata brand custodian Mukund Rajan, ex-BSE chief Madhu Kannan, strategist Nirmalya K... [Full Article...]

Modi Slams Triple Talaq, Calls For Gender Justice Across Religions

Meanwhile, alleging that the Central government is "politicising" the triple talaq issue, Women India Movement, a social organisation of Muslim women, today said it would not allow any "interference" with Muslim Personal Law. What kind of justice is this? "Debates are going on in the media". Some residents called me and told me about how the people of Kashi have already celebrated Choti Diwa... [Full Article...]

Fifth Third, other banks take on PayPal's Venmo

Fifth Third, other banks take on PayPal's Venmo Users of Zelle are expected to be able to send money via their phones to recipients who will gain access to the funds immediately. Zelle will gain a presence as a public consumer application that will see compatibility among several large and prominent US banks. [Full Article...]

Coach unsure if Giants will keep kicker Brown given abuse

King County Sheriff John Urquhart said they were contacted by the league's investigator, Rob Agnew, but didn't know he was the NFL's investigator because he didn't identify himself as such. Each of those requests was denied and the sheriff's office declined to provide any of the requested information, which ultimately limited our ability to fully investigate this matter". [Full Article...]

Oil rises on U.S. crude inventory draw, falling Chinese output

The World Bank on Thursday raised its crude oil price forecast for 2017 to $55 a barrel, from its previous estimate of $53 per barrel, APA reports quoting Reuters . Some traders think the USA government will report a weekly rise in crude inventories next week to counter the surprise draw in this week's report that drove WTI prices to July 2015 highs. [Full Article...]

Britain to make long-delayed decision on airport expansion next week

In July 2015, a government-appointed commission recommended building a third runway at Heathrow, in the west of the capital, to ease congestion. The UK government will announce next week its decision on where it will approve airport expansion in the south-east of the country. [Full Article...]

Obama to urge young adults to sign up for health care

Boy, have times changed. A silver plan, the most popular tier on exchanges, pays about 70 percent of costs for the benefits it covers. Obama credits the Affordable Care Act , one of his main legislative achievements, with reducing the number of uninsured Americans from 49 million in 2010 to 29 million in 2015, according to an August article in the Journal of the American Medical Association . [Full Article...]


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