Business

Author: 0 Australian banks lick wounds after tax hit

She called the tax bad and lazy policy to fill a funding hole and banks were "an easy target". Indeed the biggest revenue measure, more than $8 billion, hits nearly all Australian taxpayers - a 0.5 percent increase in the Medicare levy, created to close the funding gap in the National Disability Insurance Scheme.

Business Amazon Debuts a New Bestseller List for Books
Author: 0 Amazon Debuts a New Bestseller List for Books

Prime Reading gives members access to a library of more than 1,000 digital books, magazines and comics. Amazon's latest Prime update includes access to thousands of books for subscribers. The metric which prepares this list will also take into account the books which are read on Kindle or listened to via Audible. Just say, "Alexa, what are the most popular books this week?" to learn about books on this week's Amazon Charts .

Business EU fines Facebook over misleading information
Author: 0 EU fines Facebook over misleading information

The fine was levied after the social networking company incorrectly told the European Commission competition regulators that it would be unable to establish "reliable automated matching" between WhatsApp and Facebook user accounts. The acquisition by Facebook of WhatsApp closed during October of 2014 for a price of $ 19 billion . "Today's announcement brings this matter to a close", Facebook reportedly said.

Author: 0 China's C919 airliner gets set to challenge Airbus and Boeing

The C919, regarded as China's answer to the Boeing 737 and Airbus 320, is expected to make its maiden flight on May 5, according to the Commercial Aircraft Corporation of China (COMAC). "The first aircraft rolled out on November 2nd, 2015". "The Chinese government is interested in establishing independence and self-sufficiency in all aspects of aviation", Douglas Royce, an aerospace expert at Forecast International, an aerospace market research firm, told Xinhua .

Author: 0 House GOP leader suggested Putin was paying Trump

She and others hint at the NGOs Russia has bought in Europe, including the environmental groups that have been lined up to oppose fracking, a technology Russia doesn't like because it lowers gas prices. Rodgers: "We're not...we're not...but, we're not". When McCarthy brought the hacking up, he claims the research obtained by the opposition on Trump had been delivered to Trump himself.

Business Uber takes on trucking with launch of Uber Freight
Author: 0 Uber takes on trucking with launch of Uber Freight

Today, Uber Freight has been launched in the form of an app on Android and iOS and holds the power to transform the trucking business from the ground up. Instead of drivers taking us to work or the airport, truckers will be able to use the app and see what shipments are waiting to be delivered. Under the trucking industry's current model, drivers often have to wait 30 days or longer for a paycheck, according to the company.

Author: 0 'Business as usual' after massive NHS cyber hack

Nanette Kerr, the chief executive officer of the CCA, which has some 50% market share of the pharmacy sector, held a conference call with IT staff from the large chains, including Boots, Lloyds and Well, on 15 May 2017 to discuss the impact of the attack.

Business Warren Hammers Mnuchin on Glass-Steagall: 'This Is Crazy'
Author: 0 Warren Hammers Mnuchin on Glass-Steagall: 'This Is Crazy'

Mnuchin said it was a way to save money so that they could spend more on the military, but he told Sen. He suggested that the Trump administration would not favor the controversial border-adjustment tax (BAT) which taxes imports while exempts exports, saying it might bring risks to the USA economy.

Business (RAD) Bond Prices Fall 1.4%
Author: 0 (RAD) Bond Prices Fall 1.4%

ADTRAN, Inc.is a provider of networking and communications equipment. The company has market cap of $590.39 million. It has a 1018.79 P/E ratio . It operates through two divisions: Network Solutions and Services & Support. 39 funds opened positions while 128 raised stakes. 598.79 million shares or 0.81% more from 593.98 million shares in 2016Q3 were reported. 404 are held by Envestnet Asset.

Business Chaffetz Willing to Subpoena to Get Comey Memos
Author: 0 Chaffetz Willing to Subpoena to Get Comey Memos

Chaffetz's request comes after The New York Times reported that Trump allegedly asked Comey to shut down the FBI's investigation into former NSA Adviser Michael Flynn, national security adviser to President Trump, who stepped down in February over his phone talks with the Russian ambassador to the United States, Sergey Kislyak.

Business Fairfax Media receives rival bid from Hellman & Friedman
Author: 0 Fairfax Media receives rival bid from Hellman & Friedman

The PE firm then revised its bid to go for 100 percent of Fairfax at a price of $2.76 billion, or $1.20 per share. Any formal, board recommended takeover offer would require shareholder approval and approval of both the Foreign Investment Review Board and New Zealand's Overseas Investment Office.

Business Five Guys unseats In-N-Out as America's favorite burger chain
Author: 0 Five Guys unseats In-N-Out as America's favorite burger chain

The Harris Poll reached its result after surveying more than 10,000 people aged 15 and above, and Five Guys emerged as the clear victor in this category. Today, there are roughly 1,500 locations worldwide. In-N-Out was founded in California in 1948 and has more than 300 locations in California, Arizona, Texas, Nevada, Oregon and Utah.

Business Australian conservative government to raise taxes on five biggest banks
Author: 0 Australian conservative government to raise taxes on five biggest banks

The Treasurer said there were signs of an improving global economy and "there is clearly the potential for better days ahead". At the same time, Mr Morrison raised Australia's debt ceiling to $600 billion - effectively increasing the size of the nation's credit limit - on Tuesday, as debt continues to rise.

Author: 0 Pure Industrial Real Estate Trust (AAR.UN) PT Raised to C$7.00

Canaccord Genuity lowered their target price on shares of Allied Properties Real Estate Investment from C$37.50 to C$36.50 in a research note on Friday, February 24th. Return on Equity (ROE) stands at -5.2% and Return on Investment (ROI) of 0.7 percent. Its sales stood at -0.90% a year on average in the period of last five years.

Author: 0 Firmer crude price lifts stocks, hurts US dollar

While it was broadly expected that OPEC and Russian Federation would agree to extend the cut, the timing and wording of the statement sent crude prices up more than 1.5 percent in Asian trading. "[But] compliance needs to remain high, and long-term oil prices need to remain low to prevent shale producers from ramping up investment significantly more".

Business 14th GST council meet underway in Srinagar
Author: 0 14th GST council meet underway in Srinagar

Adhia said that 7% of the items are at the 0% tax slab, while 14% are in the 5% slab. The Council, headed by Union Finance Minister Arun Jaitley and comprising representatives of all states, in the opening session of the two-day meeting also approved rules for the Goods and Services Tax ( GST ) regime that is scheduled to kick in from July 1.

Business Stock'S Earning Overview Morgan Stanley (MS)
Author: 0 Stock'S Earning Overview Morgan Stanley (MS)

Previously Morgan Stanley (NYSE:MS) reported $1 earnings per share (EPS ) for the quarter, beating the consensus estimate of $0.88 by $0.12. FTB Advisors Inc. The firm also recently announced a quarterly dividend, which was paid on Monday, May 15th. GRUB's value Change from Open was at -1.40% with a Gap of 0.09%.

Business Immigration Arrests Surge Following Trump Executive Order04:59
Author: 0 Immigration Arrests Surge Following Trump Executive Order04:59

Both men were detained by ICE officials in the last two months. "Their job is to enforce the law, and that is exactly what they're doing, he said". "ICE is firmly committed to the health and welfare of all those in its custody and is undertaking a comprehensive agency-wide review of this incident, as it does in all such cases", the agency said Wednesday in a statement, adding fatalities in ICE custody are "exceedingly rare".

Author: 0 Yamana Gold, Inc. Posted gains of 1.81% in the Last Trade

Brokerage houses, on average, are recommending investors to buy Sanofi (SNY)'s shares projecting a $48.75 target price. Yamana Gold Inc. (USA) (NYSE: AUY ) have shown a low EPS growth of -19.30% in the last 5 years and has earnings growth of -116.90% yoy.

Business Poll reveals how Americans really feel about Trump firing Comey
Author: 0 Poll reveals how Americans really feel about Trump firing Comey

The new poll found 39 percent approve of Trump's performance as president, while 54 percent disapprove and 7 percent are unsure. Comey found the allegations confounding, according to his associate, and wondered what to make of what he described as odd thoughts coming from his new boss.

Business Price Target Analysis of: The Mosaic Company (MOS)
Author: 0 Price Target Analysis of: The Mosaic Company (MOS)

Over the last six months, The Mosaic Company's stock has been -17.84% and -9.48% for the year. FMR LLC now owns 5,108,486 shares of the basic materials company's stock worth $149,066,000 after buying an additional 3,229,860 shares in the last quarter.

Business Burberry Tops Full-Year Earnings Estimate, Plans Deeper Cost Cuts
Author: 0 Burberry Tops Full-Year Earnings Estimate, Plans Deeper Cost Cuts

Burberry said the weak pound flattered full-year revenues, up 10% at £2.8 billion, but sales fell 2% at constant exchange rates. It said its best sellers were new handbags - with retail sales rising in the mid-teens in percentage terms. Bailey may have bid the financial world an emotional farewell as he prepares to hand over the chief executive officer mantle to Marco Gobbetti in July, but it's clear Bailey remains committed to Burberry - and is ready to refocus fully on all things ...

Author: 0 What we now know about the global cyberattack

Along with other cyber powers such as China and Russian Federation, it operates teams of specialists who identify security flaws that can be used for cyber spying or cyber attacks. Another reason could be more internet-connected medical devices flooding into the healthcare industry, where hackers can take advantage of historically lax security on embedded equipments.

Business WhatsApp down: Chat app falls offline for second time in two weeks
Author: 0 WhatsApp down: Chat app falls offline for second time in two weeks

Monitoring website Down Detector reported hundreds of people complaining about the outage. Most of the WhatsApp customers took to the Twitter writing that they are thinking of migration from its services. The company had no explanation on why the app stopped working suddenly that too for almost two hours. According to reports , other affected countries included Germany, Belgium, the Netherlands, and Britain.

Business Google I/O 2017: highlights from the developer conference
Author: 0 Google I/O 2017: highlights from the developer conference

There's also a Smart Text Selection tool which lets individuals select complete addresses and numbers with a double tap. With improved speed and security, Android O also adds " Picture in Picture " which will allow you to minimise apps like YouTube into small windows that you can move around the screen, essentially multitasking but with more flexibility.

Author: 0 How Analysts Feel About Renishaw plc (LON:RSW)?

Nicholas Wi holds 2.32% or 1.45 million shares in its portfolio. Over the last 30 and 90 trading days the company share price has increased 37 points and decreased 7 points respectively. The rating was maintained by Haitong Securities with "Sell" on Friday, September 2. The company has market cap of 302.94 million GBP. The Company's segments include Networks & Applications, Wireless & Service Positioning and Service Assurance.

Business Philippine Economic Growth Eases In First Quarter Of 2017
Author: 0 Philippine Economic Growth Eases In First Quarter Of 2017

He said the Philippines is second only to China. Despite the slower growth during the period, the Philippines remains among the strongest performers among major emerging economies in Asia, said Socioeconomic Planning Secretary and NEDA director general Ernesto Pernia.

Author: 0 Talks on airplane laptop ban end with no ban, more talks

The White House has defended the decision by U.S. President Donald Trump to discuss with Russian officials an Islamic State group terror threat related to the use of laptops on aircraft. There is more than 400 daily flights on routes between Europe and North America. According to the airports association ACI Europe, there are 3,257 flights a week scheduled to fly to the United States from airports in 28 European Union countries this summer.

Author: 0 Celtics win NBA draft lottery

This idea that you must tank in order to rebuild and you must have a high draft pick in order to find a superstar is sheer insanity. So while it might seem as if the Celtics could be looking to capitalize on a narrow window to win a championship, there's also a great chance that they'll instead plan to build for a long and prosperous future.

Business DANCE MOMS Cheryl Burke helping girls traumatized by Abby Lee Miller
Author: 0 DANCE MOMS Cheryl Burke helping girls traumatized by Abby Lee Miller

The longtime " DWTS " pro, who was on the ABC show for 19 seasons and won the mirror ball trophy twice, said she didn't seek advice from Miller. "But she said she was refreshed and ready for her stint in the pen", a spy told us. Dance Moms now have gone into a reboot mode with all new star cast and theme. Despite the moms being an integral part of the show, the brunette beauty knows she needs them to stay at arm's length.

Business Clarke says he's taking position with DHS
Author: 0 Clarke says he's taking position with DHS

Clarke announced Wednesday that he intends to resign in June to take a job with the Department of Homeland Security as a liaison to state, local and tribal law enforcement agencies. "In general, the focus is on what you should be angry about, not what to like". An inquest jury recommended that seven employees of the jail be criminally charged.

Business Chinese tech giant Alibaba signs its first MoU in Pakistan
Author: 0 Chinese tech giant Alibaba signs its first MoU in Pakistan

Federal Minister for Commerce Khurram Dastagir inked the MoU from Pakistan's side, while Prime Minister Nawaz Sharif was a witness to the ceremony. Meanwhile, Prime Minister Sharif arrived in Hong Kong on Tuesday on the second leg of his visit to China. Ma said that they were monitoring the growth of Pakistan's e-commerce sector.

Author: 0 Notifications coming soon to Alexa-powered devices

Interested users in the United States may place the pre-order for Amazon Fire 7 here and for Fire HD 8 here . It also includes up to 12 hours of battery life for all-day power, and 16 GB or 32 GB of internal storage, plus up to 256 GB of expandable storage via microSD card.

Business World's largest wind turbines go online in UK
Author: 0 World's largest wind turbines go online in UK

Poulsen also noted that the project had helped to develop the United Kingdom supply chain, being the first offshore wind farm to use United Kingdom manufactured blades. Together with our partners, we intend to continue investing in renewable energy to help create a better future for the builders of tomorrow", said Bali Padda, CEO of the Lego Group .

Business US Non-farm Payrolls Increase by 211000 in April
Author: 0 US Non-farm Payrolls Increase by 211000 in April

The Fed increased its benchmark interest rate a quarter of a point during its March 14 meeting, which was the second such increase in three months. It had raised the rate by a quarter of percentage point in March and pencilled in two more increases for this year.

Author: 0 Ford Plans To Eliminate About 10% Of Global Workforce

In product development and those who work for Ford Credit, which already are improving total operating costs in other ways. The relocation might put the USA automaker on a clash with President Donald Trump, who has made enhancing vehicle employment a top priority.

Author: 0 Hackers behind ransomware attack threaten to release data on foreign nuclear programs

As a final offer, the Shadow Brokers have said that if someone buys the entire horde of data, they will " go dark permanently ", having no financial incentive to continue. In a blog post Sunday, the company criticized the NSA for stockpiling digital weapons. The Shadow Brokers member further says that Redmond is upset due to the bad PR surrounding the global shutdown caused by the WannaCry ransomware, which affected 2 lakh Windows PCs in around 150 countries.

Business Earnings Reaction History: Red Robin Gourmet Burgers, 55.6% Follow-Through Indicator, 8.0% Sensitive
Author: 0 Earnings Reaction History: Red Robin Gourmet Burgers, 55.6% Follow-Through Indicator, 8.0% Sensitive

Other research analysts have also recently issued research reports about the company. 704419 shares were traded on Red Robin Gourmet Burgers, Inc.'s last session. On the last trading day, Red Robin Gourmet Burgers Inc . News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Robin Gourmet Burgers, Inc .

Business G7 finance chiefs in Italy try to gauge Trump's policy plans
Author: 0 G7 finance chiefs in Italy try to gauge Trump's policy plans

US Treasury Secretary Steven Mnuchin "has made protecting America's financial infrastructure from cyberattacks a top priority". They also say the U.S. Still, the G7 mindset belongs to the era of the post-Great Recession recovery, whilst the Trumponomics is devised as an experiment aimed at finding new sources of economic growth.

Author: 0 US Senate Intel Committee Requests More Information From Comey, McCabe

The committee's top Republicans and Democrats asked for all memos created by Comey related to his interactions with not only Trump, but also past presidents and Justice department officials. Schumer has been urging Deputy Attorney General Rod Rosenstein to name a special counsel to investigate Russian interference into last year's campaign and ties between Russian and Trump associates, including Flynn.

Business Philippines declines EU aid after securing billions from China
Author: 0 Philippines declines EU aid after securing billions from China

In March this year, the European Union became the largest destination of exports from the Philippines with $901 million. While acknowledging that "the Philippines desperately needs voluntary, community-based drug dependence treatment services that comport with global standards and human rights principles", HRW pointed out that "neither JICA nor the Health department have provided any details about how the Philippine government will spend those funds".

Business Vladimir Putin says can prove Trump did not pass Russia secrets
Author: 0 Vladimir Putin says can prove Trump did not pass Russia secrets

A USA official familiar with the matter told the Post that Trump disclosed "code-word" information, referring to one of the highest classification levels used by US intelligence agencies. For the Kremlin, Trump's conversation with Foreign Minister Sergey Lavrov and Ambassador Sergey Kislyak was a welcome indication of his willingness to pool efforts with Russian Federation in the fight against the Islamic State.

Business General Motors Company (GM) Shares Sold by Equitec Specialists LLC
Author: 0 General Motors Company (GM) Shares Sold by Equitec Specialists LLC

Tigress Financial reaffirmed a "buy" rating on shares of Ford Motor Company in a research report on Thursday, March 30th. Timber Creek Capital Mgmt Ltd Liability Corp stated it has 0.01% of its portfolio in Ford Motor Company (NYSE:F). Analysts predict that Ford Motor Company will post $1.54 EPS for the current fiscal year. Shareholders of record on Thursday, April 20th will be given a $0.15 dividend.

Author: 0 Snapchat parent Snap reports huge loss the day after announcing new features

The company's adjusted loss was $10 million higher than analysts had expected while its net loss went from $104.6 million to $2.2 billion due to costs related to the initial public offering (IPO) earlier this year. In fact, the Snapchat maker's share price quickly fell by more than 20% during after-hours trading, as of 6:00 p.m. Its latest trading price almost went back to its initial public offering ( IPO ) price of $17 per share.

Business Dutch king was guest pilot for 21 years
Author: 0 Dutch king was guest pilot for 21 years

For King Willem-Alexander, it seems it provides the flawless opportunity to switch off from the day-to-day duties of monarchy and focus on something entirely different. "That, for me, is the most relaxing part of flying", he said. He's been flying under the radar for years. He was seldom recognized in uniform, particularly after the September 11 terrorist attacks, when safety protocols were introduced to limit access to cockpits, he said.

Author: 0 Congressman calls for Trump's impeachment on House floor

House of Representatives ". Similarly, Alan Dershowitz, one of the country's most prominent scholars on United States constitutional law and criminal law and a leading defender of civil liberties called the accusations against Trump 'most serious charge ever against a sitting USA president'.

Author: 0 Venezuela supports extension of OPEC, non-OPEC production cut

The International Energy Agency said the global oil market is rebalancing and the pace is picking up, even if inventories do not yet reflect the impact of OPEC supply cuts. USA crude stockpiles probably fell by 2.75 million barrels last week, according to a Bloomberg survey before a government report Wednesday. Still, global oil supply and demand almost realigned in the first quarter after a almost three-year oversupply, and the oil stuck in storage tanks around the world shrank by 1 million ...