Business

Business Metro rail network grinds to a halt
Author: 0 Metro rail network grinds to a halt

Regional train operator V/Line said the outage related to a Metro signal fault at Southern Cross. 'We are now experiencing delays to all lines due to an computer fault affecting the suburban area. Services were resumed when the network-wide technical glitch was rectified about an our after the stoppage began. "Passengers on-board services now stopped between stations, please do not attempt to force doors open and alight from the train".

Business Dick's Sporting Goods' new CMO led digital transformation at Dunkin' Donuts
Author: 0 Dick's Sporting Goods' new CMO led digital transformation at Dunkin' Donuts

Mizuho maintained MEDNAX Inc (NYSE:MD) on Friday, April 29 with "Buy" rating . Jefferies maintained Ashland Global Holdings Inc. The ex-dividend date was Wed, Jun 7th. Its up 0.31, from 0.9 in 2016Q3. 50,473 were reported by Hudson Bay Capital Mgmt Limited Partnership. The company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.10.

Business New Iran Commission To Oversee Total Gas Deal
Author: 0 New Iran Commission To Oversee Total Gas Deal

Iranian officials promised 10 contracts like it in the next year and said they were. Zamaninia said Iran was talking to companies in Europe and Asia, including BP (BP), Russia's Gazprom (GZPFY) and Lukoil, and Malaysia's Petronas, among others.

Business Nifty Ends Above 9800 For First Time, Sensex Extends Record-Breaking Run
Author: 0 Nifty Ends Above 9800 For First Time, Sensex Extends Record-Breaking Run

Mumbai: Continuing their recordsetting spree, benchmark indices ended in the green for the third consecutive session on Wednesday with the Nifty ending above the 9800mark for the first time ever. ONGC was up 1.59 per cent on reports that the proposed ONGC-HPCL deal will be completed by the end of 2017-18. Market heavyweight Reliance Industries was trading 0.52 percent or 7 points higher at 1517 level on the BSE.

Business United and Chelsea clash again
Author: 0 United and Chelsea clash again

He has been carrying an injury that may have held up a move away, but Chelsea's players are convinced Matic is on the brink of leaving. Bakayoko is widely expected to join Chelsea in the coming days, with the Stamford Bridge club keen to make some high profile signings after they lost out to United in the race to sign striker Romelu Lukaku .

Business American Airlines To End Codeshares with Qatar, Etihad
Author: 0 American Airlines To End Codeshares with Qatar, Etihad

American called the earlier remarks "both sexist and ageist" in a message to employees. "I should like to apologize unreservedly to those offended by my recent remarks which compared Qatar Airways cabin crew with cabin crew on USA carriers", Al Baker said in a statement issued by the airline on Wednesday.

Business White House Pressures Congress to Soften Russia Sanctions Bill
Author: 0 White House Pressures Congress to Soften Russia Sanctions Bill

The measure is a rebuke of Trump by limiting his ability to act unilaterally. The lack of pushback on the Kremlin's account sent a stark message from the White House: That Putin's denials are at least on par with the United States intelligence community's conclusions that Putin directed a campaign to interfere with the 2016 presidential election.

Business Tim Henman advises rest for Andy Murray
Author: 0 Tim Henman advises rest for Andy Murray

The top seed twice led by a set on Centre Court, but the defence of his title came to an end in a 3-6 6-4 6-7 (4-7) 6-1 6-1 defeat to the American, who past year knocked out Novak Djokovic in round three. I didn't start my best. "I can't believe it's 100 matches [at Wimbledon], it's a lot but I'm very happy my body has kept me going all these years", Federer said .

Business Talos, Premier make major historic oil find offshore Mexico
Author: 0 Talos, Premier make major historic oil find offshore Mexico

Mexico's opening of its energy sector to private oil drilling in 2013 is starting to pay off, as a joint venture of private worldwide companies struck oil in excess of 1 billion barrels in the shallow waters in the southern Gulf of Mexico. The well, located in 166 meters of water and approximately 60 km from the Port of Dos Bocas, has reached an initial shallow target vertical depth of approximately 3,383 meters.

Business Indian Army Kills Three Militiamen in Kashmir
Author: 0 Indian Army Kills Three Militiamen in Kashmir

According to Times Now , Pakistan targetted the Indian soldiers without any reason. The defence spokesman here, Col. Rajesh Kalia, said the Pakistani troops initiated firing at 2.20 pm "without any provocation". Earlier, the same official said that an Indian Army patrol party was ambushed and fired upon by the Pakistani troops, resulting in killing of two soldiers.

Business Plane misses runway, nearly lands on taxiway near 4 planes lined up
Author: 0 Plane misses runway, nearly lands on taxiway near 4 planes lined up

Federal safety officials are investigating why an Air Canada jet almost landed on a taxiway last Friday, holding four other planes instead of a runway at at the airport. In reference to Taxiway C, the controller says: "Air Canada 759, it looks like you were lined up for Charlie there". Aviation expert Barry Schiff told the San Francisco Chronicle that a pilot attempting to land on a taxiway rather than a runway is rare because runway lights are always white, particularly clear at night, ...

Business Verizon responds to breach that affected millions of customer accounts
Author: 0 Verizon responds to breach that affected millions of customer accounts

The exposed data was left out in the open for anyone who could guess a URL ZDNet considered "easy-to-guess" (though the exact URL was not reported ). "It has become abundantly clear that many users still do not fully understand how to configure S3 buckets to prevent data exposure". Apparently, this server is a key component in the system that keeps data within the cloud.

Business Chicago drivers pay more for on-street parking than any other city
Author: 0 Chicago drivers pay more for on-street parking than any other city

Drivers are spending more than £200 a year paying for vacant auto parking spaces because of a reliance on out-of-date technology , according to research . In Chicago, the average driver overpays by $353 a year for parking time he or she does not need. The cost of overpayment was estimated using the weighted average of on-street and off-street parking rates.

Business Hyperloop One completes first test run:
Author: 0 Hyperloop One completes first test run: "It's here now"

As with the Wright brothers' Kitty Hawk moment, when they successfully flew a plane for the first time for just over 10 seconds, Hyperloop One's test run was also very brief. "Our team is the only team that is actually making Hyperloop happen, and we've spent more time testing a Hyperloop system than anyone in the world", said Josh Giegel, co-founder and President of Engineering of Hyperloop One .

Business What will Yellen say about rate policy to Congress?
Author: 0 What will Yellen say about rate policy to Congress?

Yesterday John Williams, President and Chief Executive Officer for the Federal Reserve Bank of San Francisco gave a hawkish statement, announcing that he still expects one more rise in interest rates this year, but that it would be dependent on U.S.

Author: 0 EI du Pont de Nemours and Company

It has underperformed by 51.53% the S&P500. Zacks Investment Research raised E.I. du Pont de Nemours and Company from a "hold" rating to a "buy" rating and set a $91.00 price objective for the company in a research note on Tuesday, June 27th.

Business Xiaomi Mi Note 2 Special Edition launched with 6GB RAM
Author: 0 Xiaomi Mi Note 2 Special Edition launched with 6GB RAM

Under this offer, you can exchange your old smartphone at a specified price and purchase the Redmi Note 4. The phone is launched in only Black color variation. Furthermore, there is 4070 mAh battery also available with Quick Charge 3.0 Technology to recharge the device in no time. Meanwhile, Xiaomi is all set to bring the Mi Max 2 to the Indian market on July 18.

Business Two out of five employees hid cybersecurity incidents, Kaspersky Lab says
Author: 0 Two out of five employees hid cybersecurity incidents, Kaspersky Lab says

All of this is falling on deaf, or dumb, ears and Reuters reports that on Tuesday, the Trump administration pulled Kaspersky off two lists, produced by the US General Services Administration, of approved technology vendors. ChannelE2E has reached out to Kaspersky Lab to see if or how the USA government actions are impacting the company's overall business and channel engagements.

Business Aussie battler's lone can of beer makes it through baggage claim
Author: 0 Aussie battler's lone can of beer makes it through baggage claim

Making sure your checked-in luggage is under a flight's weight limit can be one of the biggest headaches when travelling by air - but not for one beer-loving passenger. "Export being checked in as baggage is not an uncommon site so I wasn't even surprised", he told Daily Mail . "I half expected to find it empty, but if it didn't turn up I'd have filed a lost luggage report".

Business NRG Yield, Inc. (NYSE:NYLD) Downgraded to Buy at BidaskClub
Author: 0 NRG Yield, Inc. (NYSE:NYLD) Downgraded to Buy at BidaskClub

FMR has an ownership of 6,986,918 stocks of the utilities provider's shares valued $130,656,000 after scooping up an extra 5,716,029 stocks in the previous period. ValuEngine raised NRG Energy from a "buy" rating to a "strong-buy" rating in a research report on Thursday, July 6th. "(NYSE:NRG)" was originally reported by Stock Observer and is the sole property of of Stock Observer.

Business Loonie soars as BoC hikes interest rate
Author: 0 Loonie soars as BoC hikes interest rate

It was also helped Wednesday by higher oil and gold prices. The widely expected rate hike makes Canada the first major central bank to follow the Federal Reserve in removing some of the monetary stimulus poured into the global economy after the 2007-2009 financial crisis.

Business NVIDIA Corporation (NVDA) Rating Lowered to Underperform at Jefferies Group LLC
Author: 0 NVIDIA Corporation (NVDA) Rating Lowered to Underperform at Jefferies Group LLC

Some of its recent beats have been downright embarrassing, as analysts can't seem to keep up. Farmers & Merchants Investments accumulated 400 shares. About 96,040 shares traded. On December 13 analysts at Loop Capital initiated coverage with an initial rating of "Buy". Since January 12, 2017, it had 0 buys, and 13 selling transactions for $72.29 million activity.

Business Trump Hotels' payment service breached, guests credit card data stolen
Author: 0 Trump Hotels' payment service breached, guests credit card data stolen

The massive breach saw hackers break into the Sabre's SynXis Central Reservation system (CRS), used by Trump Hotels and about 500 other companies for centralised guest bookings. More than 70,000 credit card numbers, 300 Social Security numbers and other personal information were exposed in the breach. The news of the latest cybersecurity attack comes less than a year after Trump International Hotels Management paid $50,000 in penalties to NY state for failing to notify customers ...

Author: 0 Ravi Shastri appointed team India head coach, Zaheer Khan named bowling coach

Following the statement, the chairman of Supreme Court appointed Committee of Administrators (CoA), Vinod Rai, overturned the CAC's decision and requested the BCCI to announce the name on July 11. Shastri, who is holidaying in England, is expected to return to the country around July 16 and skipper Kohli, who flew to the U.S. after the series in the Caribbean, is also expected to return around the same time.

Author: 0 Devon Energy Corporation (DVN)

Amf Pensionsforsakring Ab reported 981,120 shares. Finally, Old Mutual Global Investors UK Ltd. bought a new position in shares of Sanchez Energy Corporation during the first quarter valued at about $6,765,000. If you are viewing this piece of content on another publication, it was illegally stolen and republished in violation of global trademark and copyright legislation.

Business RBS to Pay $5.5 Billion in FHFA Mortgage Bond Settlement
Author: 0 RBS to Pay $5.5 Billion in FHFA Mortgage Bond Settlement

In January this year RBS revealed it had almost doubled provisions to cover litigation related to mortgage back-securities to £3.1 billion. Under the settlement, RBS will pay $5.5 billion, but be reimbursed for $754 million under indemnification agreements with third parties.

Business Chatter Increases About Gary Cohn as Next Fed Chief
Author: 0 Chatter Increases About Gary Cohn as Next Fed Chief

Strategas Research Partners noted in late June that Cohn appeared to be campaigning for the job , but that they thought he would be "negative for the market and the Fed itself". Cohn would join several other Goldman alumni around the Fed policymaking table, including New York Fed President William Dudley, Minneapolis Fed President Neel Kashkari and Dallas Fed President Robert Kaplan.

Business Priyanka Chopra begins shooting with Adam Devine and Rebel Wilson
Author: 0 Priyanka Chopra begins shooting with Adam Devine and Rebel Wilson

Well, much has not been revealed about her role in the movie, some of the photographs from the sets have gone viral in social networks. "I have bounced the idea off Priyanka, and she seems happy about it". In this film, Natalie will be seen working hard to get noticed for her work. but unfortunately, she will be seen delivering coffee and bagels than to design the city's next skyscraper.

Business Muguruza reached the four aces at Wimbledon
Author: 0 Muguruza reached the four aces at Wimbledon

The finalist of the tournament presented to the All England Club in 2015 has defeated Svetlana Kuznetsova 6-3, 6-4 on court no. 1, in a match whose kickoff was delayed by the rain. They may be separated by nine years in age - Muguruza is 23 and Kuznetsova is 32 - but they spend weeks training in Spain alongside one another. "I played good.

Business Horn-Pacquiao decision was correct: WBO
Author: 0 Horn-Pacquiao decision was correct: WBO

A statement from the WBO (part of which can be seen below), explained the breakdown on the judges' scoring of the fight. "I thought I'd won the fight on the day and I think Pacquiao thought it as well". People saw what happened", he said. Horn, a former schoolteacher written off before the bout by most observers, welcomed on Tuesday the ruling as "evidence" of his victory.

Business Children's clothing retailer Gymboree closing Southern Park Mall store
Author: 0 Children's clothing retailer Gymboree closing Southern Park Mall store

Just one of the companys Central Valley stores is to be closed: a insane 8 store in the Chico Mall. For the Gymboree and insane 8 locations that are closing, those stores will begin having liquidation sales on July 18. It is also shuttering three stores in the Twin Cities area and one in Mankato, MN. View the full list of stores closing nationwide here. The liquidation sales at the stores are set to begin Tuesday.

Business Russian Federation revelations raise hopes for U.S. sanctions bill
Author: 0 Russian Federation revelations raise hopes for U.S. sanctions bill

But the Russian Federation controversies once again commanded the spotlight. On Tuesday, Trump, Jr., in what seemed to be a masochistic attempt at transparency, tweeted out screenshots of emails that show Trump, Jr. "Let's say he is everything we fear that he might be in terms of like a Russian agent", Bergmann said. They are refusing to give consent for a procedural vote that would allow the bill to go back to the Senate to be amended until that language is removed.

Business Supreme Court upholds Markafi-led PDP committee
Author: 0 Supreme Court upholds Markafi-led PDP committee

It could be recalled that Makarfi filed an appeal challenging the judgement of Appeal Court sitting in Portharcourt which sacked him as the national chairman of the party and confirmed Sheriff as the chairman. Makarfi had once said that except the ruling of the appellant court is reversed by the Supreme Court that the PDP will no longer be known as it is known presently.

Business United Kingdom unemployment drops to 1.49m
Author: 0 United Kingdom unemployment drops to 1.49m

United Kingdom unemployment fell to a 42-year low of 4.5% for the three months to May, down from the 4.6% the month before, where it was expected to remain. Despite dodging the interest rate debate yesterday during a speech at Aberdeen, in an interview for local Scottish newspaper the Press and Journal released overnight, Broadbent said that while there was reason to see the bank moving towards higher rates, there were "a lot of imponderables".

Business August Busch IV is investigated for office park 'copter landing
Author: 0 August Busch IV is investigated for office park 'copter landing

Authorities say police received a call Monday afternoon about a helicopter parked in a parking lot at a of the Bronze Pointe Office Park. Busch, who is a qualified pilot, was told he was free to go but then continued to ramble, at which point cops became suspicious and took him to a local hospital for more testing.

Business Burberry sales helped by Chinese demand
Author: 0 Burberry sales helped by Chinese demand

Burberry Group PLC on Wednesday reported growth in revenue in the first quarter of its financial year and said it now anticipates a lower foreign exchange hit to full-year profit than previously thought. However, the bank said there was risks to luxury goods copmanies, including terrorism, drastic political changes, pricing pressure, brand value, management execution and successor issues, perception in equity market about long-term growth, and foreign exchange rates.

Business Twitter has a new CFO, and he costs more than $22 million
Author: 0 Twitter has a new CFO, and he costs more than $22 million

He will take over the CFO role from Anthony Noto , who is now Twitter's CFO and chief operating officer. Noto will retain his COO duties, the social network said in a statement. According to Twitter Chief Executive Jack Dorsey , Segal was an ideal fit for the role because of his range of experience. Twitter shares rose 3 percent after hours.

Business Oil Rises After European Storage Data, US Output Reduction
Author: 0 Oil Rises After European Storage Data, US Output Reduction

Lower prices for oil this year and next are likely to prompt a slowdown in U.S. crude production next year, but domestic output is still expected to reach an annual record in 2018, according to a report from the U.S. However, the EIA cut its 2017 price forecast by 3.6% to USD48.95/bbl and EIA its 2018 WTI oil forecast by 7.5% to USD49.58/bbl. Barclays cut its 2017 and 2018 Brent forecasts to $52 a barrel for both years from $55 for 2017 and $57 for 2018.

Business Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) added to 14 new portfolios
Author: 0 Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) added to 14 new portfolios

The firm's revenue was down 33.0% compared to the same quarter a year ago. ( ARNA ) has the trading volume of 1.83 Million shares with the average trading volume of 926380 shares. LPL Financial LLC now owns 67,700 shares of the biopharmaceutical company's stock worth $131,000 after buying an additional 5,000 shares in the last quarter.

Business Barracuda Networks, Inc. (CUDA) hit his 1-Year Low price on 07/13/16
Author: 0 Barracuda Networks, Inc. (CUDA) hit his 1-Year Low price on 07/13/16

Alyeska Investment Group L.P. now owns 960,874 shares of the communications equipment provider's stock valued at $20,592,000 after buying an additional 211,059 shares during the last quarter. If you are accessing this news story on another website, it was stolen and republished in violation of USA & global copyright laws. Net income in the quarter surged 14% to $14.4 million or $1.02 per diluted share from $12.7 million or 88 cents in the same quarter a year ago.

Business Polestar's efforts increase the Volvo XC60 T8's power 415bhp
Author: 0 Polestar's efforts increase the Volvo XC60 T8's power 415bhp

It comprises of a 2.0-litre turbo and supercharged four-cylinder, paired with an electric motor system. For the latest Polestar pack the motorsport partner has developed an upgrade for the petrol engine via the ECU. With the T8 trim package, the Polestar optimized Volvo XC60 will have almost 28 miles of electric range. The transmission has been optimized around this bump in mid-range whee, with faster shift points and programming that tells it to hold a gear when cornering with high ...

Business Trump presses Congress on health care bill: Get it done
Author: 0 Trump presses Congress on health care bill: Get it done

Over the weekend, two Republican senators used the word "dead" in reference to the Better Care Reconciliation Act , the bill proposed by Republicans in the U.S. "I don't want to see us make the same mistake". Yet McConnell himself voiced doubts on the Senate bill's prospects last week, telling a luncheon in his home state of Kentucky that if Republicans fail to pass a repeal of Obamacare , they may need to work with Democrats to shore up private health insurance markets to keep them ...

Business Get a dozen Krispy Kreme doughnuts for 80 cents on Friday
Author: 0 Get a dozen Krispy Kreme doughnuts for 80 cents on Friday

On Friday you can snag a dozen Krispy Kreme doughnuts for 80 cents after buying any dozen doughnuts for regular price. Add 80 cents and get twice as many. Its first location opened for business July 13, 1937, and the chain started selling its signature sugary delight, the " Original Glazed " donut, the following day, July 14.

Business Trump sued for blocking Twitter users
Author: 0 Trump sued for blocking Twitter users

These plaintiffs operate verified Twitter accounts that have been blocked by @ realDonaldTrump , meaning they are no longer able to reply to tweets by @ realDonaldTrump and face difficulty in viewing or participating in discussion threads involving those tweets.

Business Randal Quarles nominated to Fed's top supervision role
Author: 0 Randal Quarles nominated to Fed's top supervision role

The position is regarded as the Trump administration's interpreter of banking regulations, and Quarles' nomination suggests restrictions on banks, written in the Dodd-Frank Act to ease the 2008 financial crisis, will be eased. He has also talked about refining Obama-era financial rules, introduced after the financial crisis. For months, Quarles had been floated as a potential nominee to fill one of the vacancies at the central bank.

Business China moves to strangle off VPN providers once and for all
Author: 0 China moves to strangle off VPN providers once and for all

State-run China Mobile , China Unicom , and China Telecom have all been told to ensure their 1.3 billion subscribers can't access blocked content with virtual private networks, or VPNs, Bloomberg reported on Tuesday. Firms are still learning to deal with China's new Cybersecurity Law, which gives the government access to foreign companies' technology, places restrictions on moving data beyond the mainland, and adds a more comprehensive security-review process for key hardware and ...