Business

SA's bank shares lead stocks down, rand recovers

SA's bank shares lead stocks down, rand recovers The outlook is 'negative'. The ratings agency decided the economic crises President Jacob Zuma plunged the country into with his midnight cabinet reshuffle on March 31 was too severe to wait until June 2 for its next scheduled review of SA's sovereign rating. [Full Article...]

A Current Affair reporter on child porn charges in Sydney

A Current Affair reporter on child porn charges in Sydney A Current Affair vowed to report Ben McCormack's case without "fear or favour" after it was forced to address its senior reporter being charged with sending child pornography. He stressed that the investigation "does not relate to the program or Nine". " I can confirm that officers from the New South Wales Police have been at TCN this morning investigating matters relating to a staff member a... [Full Article...]

Severe weather expected in Alabama and Georgia

The commission cannot press charges but can find probable cause and refer cases to the Alabama attorney general or a district attorney - usually the one in Montgomery County - for prosecution. The other witnesses before the commission were expected to include Spencer Collier, the governor's former law enforcement secretary and the first person to publicly raise concerns about the relationship; R... [Full Article...]

Sunoco is selling most convenience stores to 7-Eleven

Sunoco is selling most convenience stores to 7-Eleven Sunoco's retail business includes more than 1,300 stores and reported operating income of $103 million past year on revenue of $7.7 billion. As part of the deal, Sunoco is inking a 15-year supply deal with 7-Eleven to sell about 2.2 billion gallons of fuel annually. [Full Article...]

'Going in Style' is much more tame and tedious than stylish

Freeman said at a recent NY press conference, alongside his co-stars. A remake of the 1979 movie of the same name, " Going in Style " has Caine's Joe, Freeman's Willie and Arkin's Albert trying to enjoy their retirement years. Nearly half-kidding, Joe suggests they make plans to rob the EXACT SAME BANK and steal only what they need to live out the rest of their lives without financial... [Full Article...]

TASER changes name to Axon, announces free body camera program

TASER changes name to Axon, announces free body camera program While the Taser brand is strongly associated with weapons that give you an electric shock and are sometimes wielded by police officers who appear to be looking for a fight, the company is now rebranding by expanding into body cameras for police officers. [Full Article...]

U.S. trade deficit drops sharply to $43.6 billion in February

U.S. trade deficit drops sharply to $43.6 billion in February The level of exports hit a fresh high in the previous month after four consecutive monthly advances. Appetite for risk has been curtailed by market nerves ahead of a meeting between U.S. Exports to countries other than the USA fell 5.9% in February, but rose 2.9% on a year-over-year basis. Excluding energy products, exports were down 2.4 per cent. [Full Article...]

GM rebuffs two-class share plan from Einhorn's Greenlight Capital

GM rebuffs two-class share plan from Einhorn's Greenlight Capital GM said on Tuesday that its board had analyzed Greenlight's proposal, met with Einhorn, and rejected his plan. "GM's Board and management are fundamentally transforming our company by executing a plan that is delivering record financial and operating results and returning significant capital to our shareholders", GM CEO Mary Barra said in a statement . [Full Article...]

OPEC, non-cartel nations may extend oil cut another 6 months

OPEC, non-cartel nations may extend oil cut another 6 months An industry source suggested that the committee lacked the legal mandate to recommend an extension. USA crude exports are poised to pick up, analysts and traders said, as rising domestic production has pushed WTI's discount to Brent to its steepest since the United States lifted a ban on exports in late 2015. [Full Article...]

Aramco tax cut lifts company's value by $1 trillion, analyst estimates

Aramco tax cut lifts company's value by $1 trillion, analyst estimates The kingdom stressed that the drastically reduced tax rate, which is retroactive to the start of 2017, would be offset by dividends and investment profits. Taxes on the income of the world's biggest oil producer will tumble to 50% from their current level of 85%, Saudi Arabia said on Monday. Some experts have been more conservative, valuing Aramco below $1 trillion. [Full Article...]

Nifty at record high, Sensex up 116 points on GST push

Nifty at record high, Sensex up 116 points on GST push Anand James, Chief Market Strategist, Geojit Financial Services, said: "Banking stocks continued to outperform, with realty (stocks) also following suit on consideration of rationalisation of waiver of stamp duty for affordable housing projects". [Full Article...]

Analyst Research Roundup: Huntington Bancshares Incorporated (NASDAQ:HBAN), Citigroup Inc. (NYSE:C)

Analyst Research Roundup: Huntington Bancshares Incorporated (NASDAQ:HBAN), Citigroup Inc. (NYSE:C) During the same period previous year, the business posted $0.21 EPS. Huntington Bancshares (NASDAQ:HBAN) last released its quarterly earnings data on Wednesday, January 25th. Stock is now moving with a positive distance from the 200 day simple moving average of approximately 17.89%, and has a solid year to date (YTD) performance of 1.57% which means the stock is constantly adding to its value fr... [Full Article...]

Wall St gains, backed by stronger US economy

Wall St gains, backed by stronger US economy The next one to gain significantly is S&P 500 that has the potential to close around 5.8 percent higher on a year-over-year basis. The retreat for gold on Thursday came as the dollar, measured by the ICE U.S. Amazon .com was the top stock on the S&P and the Nasdaq , with a 0.5-per-cent gain. TAKE THE WHEEL: Shares in two big auto dealership companies were in a skid. [Full Article...]

Cow is 'mummy'for BJP in UP, but 'yummy' in Northeast: Asaduddin Owaisi

Cow is 'mummy'for BJP in UP, but 'yummy' in Northeast: Asaduddin Owaisi There is no ban on beef in Kerala, but Sreeprakash promised to supply good beef from clean slaughter houses. "Any kind", the candidate told NDTV today, stating that his stand on whether beef should be banned in the state will be revealed later. [Full Article...]

Westinghouse Files For Bankruptcy Protection, 10 Years After Acquisition By Toshiba

Toshiba's USA nuclear power unit, where huge cost overruns have forced the embattled Japanese conglomerate to take a a $6.3 billion writedown, has filed for bankruptcy. However, the unit representative said that the Westinghouse's bankruptcy would not affect its operation in Europe, the Middle East, Asia, and Africa. [Full Article...]

NJ Transit trail derails in NY Penn Station

Note: This is a breaking news item. One minor injury has been reported. "It took approximately two hours to bring this under control, a little more tedious than the incident we had two weeks ago", said FDNY Deputy Assistant Chief Michael Gala. [Full Article...]

Hotel carbon monoxide leak kills child, sickens others

First responders rushed the children to the hospital, where 13-year-old Bryan Douglas Watts later died. An inspection by a mechanical engineer showed the cause was a malfunction in the pool heater, the Niles Fire Department told WSBT. Two hotel workers were among those hospitalized, along with several law enforcement officers who responded to the incident. Wise says it was the most tragic thin... [Full Article...]

US consumer spending up tiny 0.1 percent in February

US consumer spending up tiny 0.1 percent in February The dollar rallied as much as 2.5 percent against South Africa's rand to 13.613, its highest since early February, after President Jacob Zuma fired finance minister Pravin Gordhan in a cabinet reshuffle following days of speculation that has rocked the country's markets and currency. [Full Article...]

Musk mocks short sellers as Tesla passes Ford in market value

The maker of electric cars and energy-storage devices shipped just over 25 000 vehicles in the year's first three months, Palo Alto, California-based Tesla said in a statement on Sunday. "25,000 units is the best we could have thought, and people are looking at Model 3 for growth". It has been a wonderful year for Tesla Motors . The Model X accounted for 46.2 percent of all cars Tesla del... [Full Article...]

Police stumped as all but one suspect freed in London attack

Having reconstructed the attack, the police said it had begun at 14:40:08 when Masood's hire auto mounted the pavement on Westminster Bridge, weaving along the footpath and road until 14:40:38 when he crashed into the perimeter fence of the Palace of Westminster. [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96  Next »