Business

Business Ofcom announces caps on 5G mobile spectrum auction
Author: 0 Ofcom announces caps on 5G mobile spectrum auction

However, while Ofcom's final proposal does contain a spectrum cap, and BT-EE will - as expected - be forbidden to bid for any of the 2.3GHz spectrum, it amounts to 37% of all the mobile spectrum expected to be useable in 2020. He added: "The mobile market is imbalanced and failing customers". With smartphones and tablets using even more data, people need a choice of fast and reliable networks.

Author: 0 Momentum Stock in Concentration: California Resources Corporatio (NYSE:CRC)

It has underperformed by 52.75% the S&P500. Prem Watsa decreased its stake in Rayonier Advanced Matls Inc (RYAM) by 50% based on its latest 2016Q4 regulatory filing with the SEC. This represents a change from most recent open price of -2.34%. Range Resources Corporation's dividend payout ratio is presently -5.16%. Finemark Savings Bank Trust has 0% invested in Range Resources Corp.

Business Air Canada Jet Nearly Lands On Taxiway At San Francisco International Airport
Author: 0 Air Canada Jet Nearly Lands On Taxiway At San Francisco International Airport

The Airbus 320 from Toronto was apparently cleared to land on the runway but the pilot "inadvertently" lined up for a taxiway where four other aircraft were already waiting to depart. "If it is true, what happened probably came close to the greatest aviation disaster in history", said retired United Airlines Capt. Ross Aimer, CEO of Aero Consulting Experts.

Business Faraday Future scraps plan for Nevada plant
Author: 0 Faraday Future scraps plan for Nevada plant

The brand will retain the rights to its Nevada site and still plans to build a vehicle there in the future, but for now, its completion isn't high on Faraday Future's list of priorities. The company says it is keeping the 900 acres it bought for the plant at Apex in case they decide to build there in the future. "Accordingly, we have chose to put a hold on our factory at the Apex site in North Las Vegas", it said.

Business Marks & Spencer share price: United Kingdom sales dip in Q1
Author: 0 Marks & Spencer share price: United Kingdom sales dip in Q1

Despite the slower-than-expected start to the year, M&S Chief Executive Steve Rowe said the company remained on track to recovery. Despite the small decline in Clothing & Home , M&S said sales of full-price items in the division grew by 7%, as it reduced the number of promotions, and there was no clearance sale in the quarter compared with one previous year.

Author: 0 United States aims for United Nations vote on North Korea sanctions within weeks: diplomats

West Coast. (President Trump has been among them .) Geng said other nations must step up, too, and the Wall Street Journal reports that the United States is preparing to do just that, but in a way that surely won't please Beijing. The three nations have been calling for "early adoption" of a new UN Security Council resolution and additional sanctions to demonstrate to Pyongyang the consequences of its actions.

Business Hexavest Inc. Decreases Its Position in Pepsico, Inc. (PEP)
Author: 0 Hexavest Inc. Decreases Its Position in Pepsico, Inc. (PEP)

Univest Corp of Pennsylvania raised its position in shares of Pepsico by 0.7% in the first quarter. (NYSE: PEP ). Crestwood Advsrs Ltd Liability has 200,048 shares. It has underperformed by 4.50% the S&P500. More important recent Donaldson Company, Inc. In April, the company announced that it was expecting its margin for the second quarter to remain pressured as it passed higher prices onto consumers.

Author: 0 Lazard Asset Management LLC Increases Position in Digital Realty Trust, Inc. (DLR)

The stock of QTS Realty Trust Inc (NYSE:QTS) has "Buy" rating given on Monday, January 25 by Suntrust Robinson. 03/03/2014 - Cedar Realty Trust, Inc. The Company, through its subsidiary, Kite Realty Group, L.P., owns interests in various operating subsidiaries and joint ventures engaged in the ownership, operation, acquisition, development and redevelopment of neighborhood and community shopping centers in selected markets in the United States.

Business Officer who killed Castile gets $48500 in agreement
Author: 0 Officer who killed Castile gets $48500 in agreement

Under the terms of the agreement, the two sides agree June 30, 2017 will be Yanez's official date of separation. "The city has concluded that it was the most appropriate way to move forward and help the process of recovery of the community at large", continued the press release.

Business Taylor review urges employers to promote
Author: 0 Taylor review urges employers to promote "good work" for all

It adds that although there are some things that can be done to improve working practices for employees, the "employment wedge" (the additional, largely non-wage, costs associated with taking someone on as an employee) is already high and increasing it further should be avoided.

Business Is 'terrorism' an excuse to take down Qatar?
Author: 0 Is 'terrorism' an excuse to take down Qatar?

They accused the country early Friday of thwarting all efforts aimed at resolving the rift and said it intends to "continue its policy aimed at destabilizing security of the region". Those four Arab nations broke off relations with Doha on July 5 and have since then led a diplomatic offensive that has been accompanied by a border and trade boycott to the neighboring Qatar, accusing it of promoting terrorism and supporting extremist Islamist organizations.

Business Tech companies rally for Net Neutrality 'day of action'
Author: 0 Tech companies rally for Net Neutrality 'day of action'

Evan Greer, campaign director at Fight for the Future , says that " Net neutrality rules prevent big cable and telephone companies from engaging in a digital version of this type of extortion". The move would reverse a course set under the Obama administration to treat broadband as a telecommunications service, prohibit blocking and slowing down of web content, and ban internet providers from prioritizing certain traffic.

Author: 0 The Week Ahead: Yellen in the Spotlight

The Shanghai Composite index reversed early losses to gain 0.2 percent to 3,220.37 while shares in Southeast Asia were mixed. Tokyo's benchmark Nikkei 225 index gained 0.57 percent, or 114.50 points, to 20,195.48, while the Topix index of all first-section issues advanced 0.72 percent, or 11.66 points, to 1,627.14.

Business Pearson balances the books with $1bn Penguin sale
Author: 0 Pearson balances the books with $1bn Penguin sale

As part of the deal, Pearson will receive $968 million plus future dividends including a payout of $66 million in April 2018. The company specialises in education publishing and providing assessments to schools. We need to make sure we can invest what we need to invest to make that digital transformation. Penguin Random House is made up of some 250 individual publishers across five continents.

Business Elliott Management Considers $18.5 Billion Bid for Oncor
Author: 0 Elliott Management Considers $18.5 Billion Bid for Oncor

Reuters first reported on Elliott exploring a bid for Oncor on Friday. Berkshire Hathaway CEO Warren Buffett (R) talks to Microsoft founder Bill Gates as they play Bridge during the Berkshire Hathaway annual meeting weekend in Omaha, Nebraska, U.S.

Business GOP Senator calls for panel to interview Donald Trump Jr. on Russian Federation
Author: 0 GOP Senator calls for panel to interview Donald Trump Jr. on Russian Federation

He asked Kushner and Manafort to attend, and Veselnitskaya said "she had information that individuals connected to Russian Federation were funding the Democratic National Committee and supporting Ms. Dmitry Peskov , the Kremlin spokesperson said on Monday that Moscow did have details or the identity of the alleged Russian lawyer named in the report.

Business Takata air bag inflator ruptures during auto fix, killing man
Author: 0 Takata air bag inflator ruptures during auto fix, killing man

Honda said police photos showed the metal inflator ruptured and shot out fragments. Honda says the man died in June 2016 when the airbag exploded, but they were only recently informed of the incident. Current and former owners of the specific Accord involved were mailed 12 safety notices over a seven-year period, but the company said "records indicate that the recall fix was never completed on this vehicle".

Business Police Shoot Two Partygoers In Melbourne Nightclub
Author: 0 Police Shoot Two Partygoers In Melbourne Nightclub

The pair were attending the erotic Saints & Sinners Ball, which is described as "Australia's raunchiest party" for "broadminded adults". Police say that Ewins pointed a gun at them, though staff dispute that account, claiming that he was just pulling his trousers up, and that the so-called "gun" was just a costume prop.

Business Newspapers Want To Band Together Against Facebook And Google
Author: 0 Newspapers Want To Band Together Against Facebook And Google

The New York Times , Wall Street Journal , and Washington Post , as well as many regional papers such as The Star Tribune of Minneapolis , have all joined forces in an attempt to save this revenue source. Quality journalism is critical to sustaining democracy and is central to civic society. According to media reports , Google and Facebook control almost two-thirds of the digital advertising industry, and newspaper revenue from advertisements declined to $16 billion in 2016, down from ...

Business Volvo Launching 5 New All-Electric Car Models in 2019
Author: 0 Volvo Launching 5 New All-Electric Car Models in 2019

Volvo's move takes advantage of the advanced leaps the automotive industry has made in the last few years with Elon Musk's Tesla at the forefront. Volvo's phasing out of cars with pure internal combustion engine (ICE) will drive the company's publicly stated goal of selling 1 million electrified cars by 2025.

Business Baby boom puts Ireland top of European Union birth rate table
Author: 0 Baby boom puts Ireland top of European Union birth rate table

Last month separate figures revealed that the population of the United Kingdom had seen its sharpest annual increase in almost 70 years, reaching 65.6 million in the middle of 2016. On an overall European Union level there was no natural change in population with 5.1 million babies born while 5.1m people died. This meant Ireland had a total population rise of just over 50,000 in 2016 bringing it to 4,774,800 on 1 January 2017.

Business Controversial rule stops banks, others from blocking lawsuits
Author: 0 Controversial rule stops banks, others from blocking lawsuits

A draft version of the Consumer Financial Protection Bureau rule was issued previous year. The Consumer Federation of America applauded the move affecting credit card, auto loan, student loan, payday loan, and other financial contracts. He said the new rules would "stop companies from sidestepping the courts". "This rule throws open those doors and allows harmed consumers to band together and seek justice for themselves".

Business Nevada Running Out Of Marijuana, Statement Of Emergency Declared
Author: 0 Nevada Running Out Of Marijuana, Statement Of Emergency Declared

That must be done by alcohol wholesalers, which were given exclusive rights to distribute marijuana as a compromise to a liquor industry that was anxious pot sales would cut into profits. "Without the retail sale of marijuana, the State will not realize the revenue on which the State budget relies". On July 1, adult use sales were allowed in Nevada for the first time, and sales met or exceeded expectations.

Business Cow Appreciation Day: Chick-fil-A offering free food Tuesday
Author: 0 Cow Appreciation Day: Chick-fil-A offering free food Tuesday

You can thank the company's ad men for that: Chick-fil-A first introduced its cartoon mascots - cows painting the words "Eat Mor Chikin" on a billboard - in 1995. This year, the restaurant chain is adding an opportunity for fans to thank the cows directly. To participate, orders must be placed at the register.

Business New survey reveals tipping habits of men and women
Author: 0 New survey reveals tipping habits of men and women

What do you usually tip at restaurants? Schulz said restaurants that try to eliminate gratuities "may face an uphill climb because tipping at restaurants is such an ingrained part of our culture". Between 11-15 percent is a distant second. Women tip an average of 16 percent. Baristas: 46 percent of women tip them always or most of the time, compared with 41 percent of men.

Business Assam floods worsen, toll at 33
Author: 0 Assam floods worsen, toll at 33

An SDRF team has reached the erosion-hit areas to carry out rescue operations.Roads, bridges and flood-protection e. Almost five lakh people have been hit across 15 districts. "Floods have caused havoc in the western part of Lakhimpur district especially after NEEPCO released huge quantities of water from its Ranganadi hydro-electric project in Lower Subansiri district in Arunachal Pradesh since Saturday because of incessant rain in its catchment areas".

Business UN Syria envoy opens new round peace talks seeking
Author: 0 UN Syria envoy opens new round peace talks seeking "incremental development"

Later in the day, he said he also met opposition leaders and representatives of the five permanent members of the UN Security Council - China, France, Russia, the United States and Britain - saying he received "strong support". The deal covers the provinces of Daraa, Sweida and Quneitra, which had been the scene of fighting between government forces and rebels in recent weeks.

Business Amazon's Geek Squad-like service installs your smart home gear
Author: 0 Amazon's Geek Squad-like service installs your smart home gear

Best Buy's Geek Squad has been making it easier for the tech-adverse to set up complicated technology in homes for years. The Amazon technician will also test your home's Wifi network, and demo products according to your stated needs. Company experts will answer questions and set up products like smart lights, thermostats and of course, Amazon's line of smart devices. But now that Amazon is getting into home consultations, Best Buy should be anxious that it will keep expanding.

Business Delta flight attendant smashes wine bottle over disruptive passenger's head
Author: 0 Delta flight attendant smashes wine bottle over disruptive passenger's head

One flight attendant and a passenger were hospitalized for severe facial injuries. Photos from inside the plane reveal blankets and food strewn across the cabin floor while a spilled beverage can be seen dripping down the exit door. "He started yelling for help", Jones said. Immediately, two flight attendants tried to stop Hudek and called for backup as he pushed them away and kept trying to force the door open.

Business Mexico beat El Salvador 3-1 in Gold Cup
Author: 0 Mexico beat El Salvador 3-1 in Gold Cup

El Tri does not have its best players in this competition with nearly a full Liga MX side, Erick Torres from the Houston Dynamo being the only player who does not play in Mexico on the squad. El Tri got the insurance goal it needed in the 55th minute, courtesy of Pineda, who came into the midfield as a halftime substitute. Hernandez's final effort of note on the night was to just peg the El Salvador goalkeeper in the face.

Business Microsoft Bundles Windows 10 And Office 365 Together In Microsoft 365 Service
Author: 0 Microsoft Bundles Windows 10 And Office 365 Together In Microsoft 365 Service

Microsoft has done its best to make users upgrade to Windows 10 Mobile through its Upgrade Advisor app, but more than 70% of Windows Phone users are still on Windows 8.1. Microsoft 365 Business will be in a public preview starting on August 2nd. Microsoft said that these new offerings will also provide "exciting new opportunities" for its global partner community, while simplifying management for the customers that use them.

Business New Jersey commuters brace for Penn Station repairs
Author: 0 New Jersey commuters brace for Penn Station repairs

Less-disruptive track work will continue near Penn Station into 2018, Amtrak said. Monday morning's rush got off to a slow start without any apparent problems. The diversion is expected to add 30 to 45 minutes to commutes. Do the people around you seem to know what they're doing? Service has been stepped up by trains, buses and ferries in anticipation of the busier commute.

Business Wanda Group to Sell 91% Stake in Chinese Attraction Holdings
Author: 0 Wanda Group to Sell 91% Stake in Chinese Attraction Holdings

The move comes as Wanda tries to shore up its balance sheet ahead of a planned relisting of its commercial property arm in China, which is saddled with about $33 billion in debt. Detailed contracts regarding the acquisition, said to be the largest of its kind ever reached in the country's real estate industry, will be signed by the end of this month.

Business US Says Russia Must Take
Author: 0 US Says Russia Must Take "First Steps" To End Ukraine Conflict

Russian Federation must make good on reducing tensions in Ukraine if it wants to have a better relationship with the United States, Secretary of State Rex Tillerson said on Sunday. And Trump discussed " re-energizing " implementation of the Minsk agreements in a meeting with German Chancellor Angela Merkel Thursday in Hamburg.

Author: 0 Tesla Model 3 revealed: Say hello to Tesla's first mass production auto

CEO Elon Musk on Saturday tweeted pictures of the auto, which will cost $35,000 (Rs 22.59 lakh) and can travel 215 miles on a single electric charge. Musk also stated that the Model 3 is a much simpler vehicle compared to other models. Ehrenpreis will have the second auto off the line for himself instead, but although both cars will be significant due to their chassis numbers, they certainly won't be rare cars once production is ramped up to where Tesla intends it to be.

Business Cosco offers US$6.3bn to buy OOIL
Author: 0 Cosco offers US$6.3bn to buy OOIL

Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn). It would be the latest in a wave of mergers, which has left the top six shipping lines controlling nearly two thirds of the market. Cosco now has a market share of 8.4 per cent while Orient Overseas has 3.2 per cent, according to Alphaliner. Orient Overseas , controlled by the family of former Hong Kong Chief Executive Tung Chee-Hwa, is in the top 10.

Business Electronics ban on Royal Jordanian flights to United States lifted
Author: 0 Electronics ban on Royal Jordanian flights to United States lifted

Royal Jordanian said Sunday it had implemented "enhanced security measures" in line with U.S. Department of Homeland Security requirements. Passengers on Qatar Airways flights to the U.S. The ban still applies to non-stop US -bound flights from airports in Egypt , Saudi Arabia and Morocco. Royal Air Maroc also believes [RAM.UL] it can have the ban lifted for flights out of Casablanca's Mohammed V International Airport by July 19, a senior official from the state-owned airline told ...

Business Abe, Xi hold talks, eye N. Korea, bilateral ties
Author: 0 Abe, Xi hold talks, eye N. Korea, bilateral ties

At the meeting, Moon said denuclearization of North Korea could not be achieved immediately. The US has once again flown two of its nuclear-capable supersonic bombers near the demilitarised zone (DMZ) that separates North and South Korea .

Business Jay-Z shares video for The Story of OJ on YouTube
Author: 0 Jay-Z shares video for The Story of OJ on YouTube

Jay-Z, discussing the album on iHeartRadio , said 4:44 was named for the time of morning when he woke up and wrote the song. With its announcement of the certification , the RIAA shared a photo of Jay-Z with RIAA CEO Cary Sherman and the platinum plaque, though it's unclear when that photo was taken.