Business

Air Berlin Files for Bankruptcy Following Etihad Airways Pull Out

Air Berlin Files for Bankruptcy Following Etihad Airways Pull Out Air Berlin said it's now in talks with German flag carrier Lufthansa for parts of its business. The carrier, which had accumulated debt since 2008, announced a record loss of over €780 million ($910 million) past year. Ryanair complained to the European Commission and Germany's competition regulator, the Bundeskartellampt, that the government and Lufthansa were conspiring to carve up Air ... [Full Article...]

Okla. man charged in plotting anti-government bombing

Okla. man charged in plotting anti-government bombing Mr. Varnell is charged with attempting to use explosives to destroy a building in interstate commerce. US Attorney Mark Yancey said at the same press conference on Monday that Varnell was in the custody of the US Marshals Service ahead of an anticipated appearance before federal court in Oklahoma City on Monday afternoon. [Full Article...]

Merck CEO Quits Trump Council as 'Matter of Personal Conscience'

Merck CEO Quits Trump Council as 'Matter of Personal Conscience' Doug McMillon and dozens of other CEO advisers to President Donald Trump were silent on Monday over his lukewarm response to racist violence over the weekend as one executive stepped down from an advisory council to him. Unilever CEO Paul Polman on Twitter wrote , "Thanks @Merck Ken Frazier for strong leadership to stand up for the moral values that made this country what it is". [Full Article...]

GB Group plc (LON:GBG) Given Average Rating of "Buy" by Brokerages

GB Group plc (LON:GBG) Given Average Rating of On Thursday, January 26 the stock rating was initiated by Citigroup with "Buy". As per Thursday, January 14, the company rating was maintained by Morgan Stanley. It now has negative earnings. The firm has "Outperform" rating by Barrington Research given on Wednesday, June 8. Investors sentiment increased to 1.71 in Q4 2016. [Full Article...]

Global markets jarred by North Korea fears

Global markets jarred by North Korea fears Developments regarding the situation with North Korea may remain in focus next week, although traders are also likely to keep an eye on reports on retail sales, housing starts, and industrial production. Discovery Communications fell 70 cents, or 2.9 percent, to $23.60. On the Nasdaq, 1,440 issues fell and 1,386 advanced. OIL: Benchmark U.S. crude lost 24 cents to $48.37 per barrel on the on the... [Full Article...]

Gold steady near two-months highs as North Korea tensions lend support

Gold steady near two-months highs as North Korea tensions lend support Bond prices rose. The yield on the 10-year Treasury note slipped to 2.19 percent from 2.20 percent late Thursday. For the week the S&P fell 1.4 per cent and the Dow lost 1.1 per cent - their largest weekly drops since the week ending March 24 - and the Nasdaq was off 1.5 per cent. [Full Article...]

Trump to call for China trade investigation

Trump to call for China trade investigation There is no deadline for deciding if any investigation is necessary. Trump informed Chinese President Xi Jinping Friday night of the upcoming memorandum, a senior administration official told CNN Friday. "They know how I feel", he told reporters on Thursday. Mr Rudd said Mr Trump was unique to past USA presidents dating back to 1993 who have dealt with the North Korean regime because he sees a... [Full Article...]

Tesla Model 3 battery output revealed

Tesla Model 3 battery output revealed According to Tesla CEO Elon Musk , the Model 3 will represent an enormous advance in architectural efficiency by requiring a fraction of the electrical wiring that is needed in its older vehicle, the Model S. To illustrate what's at stake, let's imagine that Tesla does not raise money today, and a year from now, something unforeseen comes up: a supplier goes under, a recall happens, or the... [Full Article...]

Shah invites Bihar CM to be NDA convener

Shah invites Bihar CM to be NDA convener On Friday, Bihar CM Nitish Kumar broke silence on series of Sharad Yadav's rebellion statements by saying that he is free to make his own decisions. In a tweet on Saturday morning, Shah spoke about their meeting on Friday and that he had invited Nitish to join the BJP's coalition. [Full Article...]

Gold up on rising US-North Korea tensions

Pacific island territory of Guam in an unusually detailed threat that further heightened tensions with the United States. A report released by the Commerce Department on Wednesday showed wholesale inventories in the USA rose by slightly more than expected in the month of June. [Full Article...]

BC NDP government hires legal advice for Kinder Morgan challenges

BC NDP government hires legal advice for Kinder Morgan challenges Kinder Morgan recently announced it would begin construction on portions of the pipeline in September. "Some of the tools that were available to BC previously were given away by the previous government when they agreed to accept the National Energy Board review as its own review". [Full Article...]

Gold holds gains in Asia with North Korea tension setting the tone

Gold holds gains in Asia with North Korea tension setting the tone Plus, Disney changes direction; the retail stock set to drop 22%; and geopolitical risk rattles global markets. The stock lost $2.36 to $20.67. Just hours after U.S. The stage was set for the USA indexes to go lower early Wednesday as investors around the world reacted to the rising war of words between the US and North Korea , pushing global market indexes lower. [Full Article...]

Markets Right Now: Stocks open lower on Wall Street

Markets Right Now: Stocks open lower on Wall Street In 3.28pm trading in NY, the Dow Jones Industrial Average fell 0.15 percent, while the Nasdaq Composite Index declined 0.18 percent. The Standard & Poor's 500 index fell 5.99 points, or 0.2 percent, to 2,474.92. Gold and bond prices were headed higher. "The president also has the power in the Constitution to defend the USA and take all necessary measures if we are threatened, I struggle ... [Full Article...]

Lego appoints new chief executive

Lego appoints new chief executive Danish toy company Lego has appointed Niels B. Christiansen, who headed thermostat-maker Danfoss for nine years, as its chief executive. Lego's chairman Jorgen Vig Knudstorp said the decision was not a reflection of Mr Padda's performance, but because he was not able to have a long tenure. [Full Article...]

Worcester Police issue Amber Alert for 3-year-old girl

Worcester Police issue Amber Alert for 3-year-old girl Rickheit was later transferred to the State Police barracks in Sturbridge and is scheduled to be arraigned in Dudley District Court Thursday on charges of attempted murder, assault and battery on a child, and reckless endangerment of a child, Procopio wrote. [Full Article...]

Fear of North Korea attack sends Wall Street spiraling

Fear of North Korea attack sends Wall Street spiraling The Dow is down 61.31 points or 0.3 percent at 22,024.03, the Nasdaq is down 30.87 points or 0.5 percent at 6,339.59 and the S&P 500 is down 5.90 points or 0.2 percent at 2,469.02. Considerable weakness is also visible among tobacco stocks, as reflected by the 1.1% drop by the NYSE Arca Tobacco Index. It fell to as low as 2,371.28 earlier, its lowest intraday level since June 23. [Full Article...]

Oprah's new food line hits supermarket shelves

Oprah's new food line hits supermarket shelves According to Oprah, the idea for the new range was borne out of her determination to find a healthier alternative to traditional mashed potatoes - a quest which lead her to mix cauliflower and potato together in order to create a hybrid dish that was more substantive than just the vegetables by themselves, but lower in fat and calories then the original comfort food. [Full Article...]

Sensex declines over 195 points after opening higher, Nifty falls below 10000

Sensex declines over 195 points after opening higher, Nifty falls below 10000 The broader NSE Nifty ended 0.78 per cent lower at 9,978.55, its lowest close in two weeks. The BSE market breadth was skewed in favour of bears - with 2,020 declines and 566 advances. Investors turned jittery after the market regulator last night directed bourses to initiate action against the suspected shell companies scrips of which will not be available for trading this month. [Full Article...]

ASEAN calls for non-militarization, self-restraint in South China Sea activities

ASEAN calls for non-militarization, self-restraint in South China Sea activities Philippine Foreign Secretary Alan Peter Cayetano said earlier that the ASEAN ministers were divided over a US proposal to remove North Korea from the ASEAN Regional Forum, a 27-member grouping that includes the North, along with its most bitter adversaries - South Korea, the United States and Japan . [Full Article...]

Gas Prices Rise 4.3 Cents In Chattanooga

Gas Prices Rise 4.3 Cents In Chattanooga The national price increased 2.1 cents in the past week to $2.33 per gallon, GasBuddy reported. This morning, Springfieldians could purchase gas for as low as $2.03 per gallon at a handful of filling stations. Areas in California and their current gas price climate: Stockton- $2.82/g, down 2.6 cents per gallon from last week's $2.85/g. At $2.09 per gallon, SC has the cheapest gas in the nati... [Full Article...]


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