Business

Author: 0 BlackBerry to report year-end results

WATERLOO, ONTARIO-(Marketwired - March 31, 2017) - BlackBerry Limited (NASDAQ:BBRY)(TSX:BB), a global software leader in securing, connecting and mobilizing enterprises, today reported financial results for the three months and fiscal year ended February 28, 2017 (all figures in U.S.

Author: 0 Watch First Reused Falcon 9 Rocket Blast Into Orbit

This time, the first stage will once again attempt a landing on the " Of Course I Still Love You " droneship that will be stationed in the Atlantic Ocean. If such rockets can be used a few times, the cost of orbital flights by SpaceX (and others) could be vastly reduced. SpaceX has spent most the year checking the booster and making sure it's ready to fly again.

Author: 0 AT&T Halts Some Google Ad Spending Amid YouTube Controversy

He says he understands that advertisers don't want their ads to appear next to content that is not in keeping with their values, and more will be done to ensure this doesn't happen. "We know that this is unacceptable to the advertisers and agencies who put their trust in us", he added. Non-search platforms would include YouTube and display advertising.

Business Oil prices rise with Libyan output disruption
Author: 0 Oil prices rise with Libyan output disruption

Speculation about whether or not OPEC will extend its production cut deal for another six months will be one of the most significant variables affecting oil prices in the short run. Crude oil price movements early Thursday suggested another day of strong gains. Oil producers meeting over the weekend in Kuwait pledged to consider extending their pact limiting supply, as a half-dozen nations said more time was needed to drain swollen stockpiles.

Author: 0 Westinghouse files for bankruptcy protection

Work continues on plant 3 and 4 at Plant Vogtle Wednesday despite the contractor Westinghouse announcing they are filing Chapter 11 bankruptcy. Westinghouse Electric Co.'s decision to file bankruptcy has global ramifications, but locally the greatest impact could be felt in the township where the company is headquartered.

Author: 0 Huawei 2016 sales up 32 percent, profit little-changed

Selling and administrative expenses were up by 38.8 percent, to 86.4 billion yuan, while its foreign exchange loss was up by nearly 20 percent, to 5.2 billion yuan. "Only revenue growth and no profit growth will not be tolerated", said Huawei rotating Chief Executive Eric Xu. In its home market, Huawei has been challenged by the rise of brands like Oppo and Vivo .

Business Dutch authorities carry out raids in tax evasion probe
Author: 0 Dutch authorities carry out raids in tax evasion probe

There were coordinated raids in Britain, Germany, France and Australia as well as the Netherlands following a tip off about the accounts, the public prosecution department confirmed on Friday. Dutch investigators added that more actions will be carried out in the coming weeks. "The global reach of this investigation sends a clear message that there is no hiding place for those seeking to evade tax".

Business Karan Johar shares image of twin kids' nursery
Author: 0 Karan Johar shares image of twin kids' nursery

Gauri has designed a gorgeous new nursery for Karan's twin babies at his house. Gauri Khan is a wife of superstar Shah Rukh Khan and a successful interior designer. Earlier, we saw Varun Dhawan and Sidharth Malhotra who met the twins on Wednesday at home. Hence, to avoid any complication, the doctors suggested him to not allow visitors, just yet.

Author: 0 State Department, Which Spurned Keystone XL 500 Days Ago, Gives OK

TransCanada said the pipeline is part of a USA growth portfolio that would drive more than $15 billion in investments and create "thousands" of jobs. The presidential permit comes almost a decade after Calgary, Alberta-based TransCanada applied to build the $8 billion pipeline, which will snake from Canada through the United States.

Author: 0 Nuclear reactor approved for use in new power station

The Chapter 11 filing took place in the US Bankruptcy Court for the Southern District of New York in New York City. "Westinghouse's Chapter 11 bankruptcy filing and Toshiba's ongoing financial weakness have raised new questions over their ability and willingness to complete the Summer and Vogtle nuclear projects under the terms of the fixed price contracts, placing additional financial pressure on the project owners", said Moody's Investors Service Associate Managing Director Michael ...

Business Euro zone inflation plunge may vindicate cautious Draghi
Author: 0 Euro zone inflation plunge may vindicate cautious Draghi

With inflation at a four-year high , critics of the ECB, particularly in Germany, have called on the bank to start winding down its unprecedented stimulus measures, including a 2.3 trillion euro asset-buying scheme created to rekindle growth and inflation.

Author: 0 Trump's Former Campaign Manager Agrees To Testify In Russia Probe

On Wednesday , The Associated Press reported that before signing up to work for then-candidate Donald Trump, Manafort secretly worked for a Russian billionaire with a plan to "greatly benefit the Putin Government". " I think he has demonstrated that there is some question about his respect for the committee ", House Minority Leader Nancy Pelosi (D-California) said Thursday.

Author: 0 Trump climate: Challenges loom after Obama policies scrapped

Minott went on to say that the Trump administration may try and undo the regulations - which "would restart litigation". Trump's main target is Obama's Clean Power Plan, which required states to slash carbon emissions from power plants and was key to the U.S.

Business US bank stocks slip on uncertainty after healthcare bill fails
Author: 0 US bank stocks slip on uncertainty after healthcare bill fails

Donald Trump's failures have driven the Dow to its worst losing streak since 2011, as investors begin to doubt the future of all of Trump's proposals. Goldman Sachs fell 2.3 percent, shaving 35 points off the Dow. The benchmark S&P 500 had fallen as much as 0.9 percent initially on Monday and briefly dropped below its 50-day moving average for the first time since just after the November 8 USA presidential election.

Author: 0 GOP rep splits with Trump on Meals on Wheels

There's talk in Washington of cutting funding to the Meals on Wheels program, and that's not sitting well with seniors who appreciate the food delivered to their doorstep. Meals on Wheels feeds 2.4 million people across the country and was created to help the elderly and others in need by providing them with healthy meals, according to Fortune which noted the federal government has spent more than $150 billion on the block grant program since it started.

Business Germany's Merkel Wins First Election-Year Test In Decisive State Poll
Author: 0 Germany's Merkel Wins First Election-Year Test In Decisive State Poll

SPD leaders acknowledged that leaving the door open to forming a state government with the Left, a point exploited by Merkel and state premier Annegret Kramp-Karrenbauer, probably cost the Social Democrats votes. With member countries pledging to contribute two per cent of their GDP to defence in 2014, something only a handful do, Mr Trump has been critical of those who he deems are not paying their fair share.

Author: 0 Ivanka trump to get White House office, not post in administration

But a statement from Ivanka Trump said she will continue to offer her father "candid advice and counsel, as I have for my entire life". Last week, Ivanka raised eyebrows when she was seated next to Angela Merkel for the German Chancellor's first official visit to Trump's White House .

Business Will Westinghouse Bankruptcy Leave Cranberry Reeling?
Author: 0 Will Westinghouse Bankruptcy Leave Cranberry Reeling?

To protect the core businesses during the re-organization period, the Westinghouse unit said that it had secured $800 million in financing. The U.S. A separate source said that Foxconn, the world's largest contract electronics manufacturer, is expected to place an offer which is likely to be the highest bid.

Author: 0 Toshiba gets go-ahead for chip unit sale at angry shareholder meeting

Toshiba warned Wednesday that its full-year loss might balloon to as much as $9.1 billion, up from a previous estimate of $3.5 billion. Toshiba reiterated its view that at the root of the problem was the acquisition of US nuclear construction company CB&I Stone and Webster.

Author: 0 Hong Kong 'planning to arrest democracy protest leaders'

Carrie Lim declares her victory. The police announced that those involved in the 2014 movement would face charges just less than an hour after Mrs Lam met the city's incumbent leader Leung Chun-ying yesterday, calling for a "smooth and effective" transition of power.

Business UK house prices fall for first time since June 2015 - Nationwide
Author: 0 UK house prices fall for first time since June 2015 - Nationwide

British Prime Minister Theresa May launched the two-year process of leaving the European Union on Wednesday. Samuel Tombs, chief United Kingdom economist at Pantheon Macroeconomics , said: "Growth likely will continue to moderate as the pressure on households' incomes from rising inflation intensifies and as employment growth remains weak".

Business Arab League: 'Reject apartheid system' in Palestine
Author: 0 Arab League: 'Reject apartheid system' in Palestine

The US official reiterated "that he was not in the region to impose ideas or peace plans on others" and that "peace between Israel and the Palestinians can only be negotiated directly between the two parties". The picture shows Djibouti's President Ismail Omar Guelleh sleeping at the Arab League summit.The picture shows Kuwait's Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah sleeping at the Arab League summit.

Author: 0 Uber delivers its autonomous cars

SAN FRANCISCO Uber resumed testing its self-driving cars here Monday after a crash in Arizona briefly halted the program and said its cars were expected to return to Pittsburgh and Tempe later in the day. "The idea that somehow a human driver makes the drive more secure is false comfort, and potentially dangerously misleading", he said. The New York Times also revealed the company's use of the "Greyball" program that helped Uber identify law enforcement agents who may be trying to catch it ...

Author: 0 Your Online Privacy Is in President Trump's Hands Now

The Senate's vote happened last week. Under the rules, internet providers would need to obtain consumer consent before using precise geolocation, financial information, health information, children's information and web browsing history for advertising and marketing.

Author: 0 Trump threatens to "fight" Freedom Caucus over legislative agenda

There are potentially big political risks for the Freedom Caucus: Trump has a loyal base of followers and a proven ability to undercut conservative rivals, as he did in the Republican primary a year ago. "Look, I'm not here to assign blame to anyone", Jordan told the "Fox & Friends" program. "I want us to become a unified majority, and that means we're going to sit down and talk things out until we get there".

Business Ofcom to cut wholesale price Openreach can charge, to help boost investment
Author: 0 Ofcom to cut wholesale price Openreach can charge, to help boost investment

It said it expected companies to pass down the costs savings to customers in the form of lower bills. The move will see prices charged for the line falling from the current level of £88.80 per year to £52.77 per year in 2020/2021. Ofcom said it will not be capping Openreach's wholesale charges for its higher-speed packages, but said the cap it is placing on the 40 megabits per second should "protect competition and protect consumers from higher prices".

Author: 0 S&P edges up as energy gains, Vertex soars

The sector had risen more than 1 percent a day earlier. The stock boosted the S&P and helped drive the Nasdaq Biotechnology index up 0.9 percent. Gains in energy and consumer discretionary stocks propped up the S&P 500 and the Nasdaq on Wednesday, but the Dow Jones Industrial Average slipped due to losses in healthcare stocks .

Business Westinghouse files for bankruptcy protection to buy time for restructuring
Author: 0 Westinghouse files for bankruptcy protection to buy time for restructuring

This opens the way for the sale of a majority stake or even all the business which should make up for the losses at Tosh's USA nuclear arm Westinghouse , which filed for Chapter 11 protection from creditors on Wednesday. Costs soared due to increased safety demands by US regulators and significantly higher-than-anticipated costs for labor, equipment and components. Westinghouse was purchased by Toshiba in 2006 for $5.4 billion has suffered massive cost overruns in two U.S.

Author: 0 Google vows to crackdown on 'hateful' content after Brit brand boycott

YouTube has responded to a growing ad boycott by major brands and government departments in the UK. Google said it also plans to add more staff and expand its use of A1 and machine learning to help filter out offensive content . AT&T Inc. halted non-search advertising spending with Google , spreading the uproar over ads running beside offensive videos on YouTube spreads beyond the United Kingdom.

Author: 0 S. Korea court approves arrest of ex-president

In the arrest warrant request prosecutors have also noted CJ's blockbuster films Masquerade and The Attorney , which were both reportedly inspired by Park's political opponent, former President Roh Moo-hyun. "She is 65 and a woman, so in that regard she will be taken care of, but in the meantime she will be going through thorough investigations while being in there despite her age and status as a former president", he said.

Business Tesla Inc (TSLA) Rating Reiterated by Pacific Crest
Author: 0 Tesla Inc (TSLA) Rating Reiterated by Pacific Crest

The 52-Week High range of the stock is $287.39, while the 52-week low range is $178.19. Finally, Morgan Stanley reissued an "overweight" rating and issued a $305.00 price target on shares of Tesla in a report on Saturday, March 25th. The correct version of this piece of content can be accessed at https://www.chaffeybreeze.com/2017/03/30/tesla-inc-tsla-rating-reiterated-by-pacific-crest.html.

Author: 0 Leaders of local Jewish centers applaud arrest in recent threats

It is unclear if the suspect will be tried in Israel or the USA, police said. The threats across the US have forced people to vacate dozens of Jewish Community Centers, schools, offices and day care centers, fostering fears about anti-Semitism nationwide.

Author: 0 Westinghouse Electric filing for bankruptcy

Toshiba has approved a plan to place its United States nuclear unit in bankruptcy protection, a report said Wednesday, as the troubled division wrestles with multi-billion-losses and accounting fraud claims. At the start of the 21st, its AP1000 reactor design - a pressurized-water unit created to be simpler and safer than earlier models - was the pick for the first new American nuclear projects commissioned since the 1970s.

Author: 0 Booker Group PLC (LON:BOK) Receives Buy Rating From Peel Hunt Analysts

As per Friday, July 15, the company rating was maintained by TD Securities. The relative volume of the stock is 0.78, while its market cap is $79.06 Billion. Exane BNP Paribas Downgrades the stock to Neutral on 9/14/16 with no specific Price Target. Macquarie restated a "neutral" rating and issued a GBX 270 ($3.39) price objective on shares of BT Group plc in a report on Monday, February 6th.

Business Blame Freedom Caucus for failure -- Richard Douglas Porter
Author: 0 Blame Freedom Caucus for failure -- Richard Douglas Porter

But the governor again said HU should be reconsidered if the legislators' plan wouldn't work out. "We can not be effective if we continue to vote no". He wrote that they snatched "defeat from the jaws of victory". Of course, members of the caucus weren't the only Republicans opposed to the health care bill.

Business Senate Republicans show resistance to Trump suggested cuts in spending measure
Author: 0 Senate Republicans show resistance to Trump suggested cuts in spending measure

Faced with such a prospect, some Republican leaders are now thought to favour leaving the wall money out of the spending bill, in the hope of getting it passed at a later date. "That's just my view". Negotiators have made progress on the core elements of a dozen must-do funding bills but have ignored the White House's list of cuts in doing so.

Author: 0 Toshiba's Westinghouse files for United States bankruptcy

Wednesday, Toshiba said it could post a loss as big as $9 billion for the fiscal year ending March 31. The decision will allow Westinghouse to decide whether those reactors are ultimately feasible later, in a "cost-neutral" way, and remove the risk that construction costs pose to its other businesses, the company said.

Author: 0 Top EU Brexit official says Brexit would stun Churchill

The European Parliament has the right to veto any final deal. But before these talks can even get under way, MPs will begin the daunting task of amending or scrapping European Union regulation as it is brought into British law. In the future, we hope to have the United Kingdom as a close partner. "There is nothing to win in this process and I am talking about both sides". "There is no reason to pretend this is a happy day", he said in a short statement to reporters, adding: "In essence ...

Business China Manufacturing PMI Climbs To 51.8
Author: 0 China Manufacturing PMI Climbs To 51.8

Customs data out earlier this month showed that imports and exports expanded in the first two months of the year after weakening near the end of 2016. But fresh government curbs to further cool the property market in recent weeks are expected to dampen housing demand and prices eventually. Inventories of iron ore at China's ports have swelled to the highest since at least 2004, by some estimates, also suggesting the risk that supply is beginning to outpace demand.

Author: 0 Jefferies & Co reiterated Aa PLC (LON:AA) as 'Underperform'

The firm has "Buy" rating given on Wednesday, May 18 by HSBC. Among 6 analysts covering Wincanton PLC ( LON:WIN ), 6 have Buy rating, 0 Sell and 0 Hold. Analysts await CA, Inc. (NASDAQ:AKAM) to report earnings on April, 25. They expect $-0.50 earnings per share, down 117.39% or $0.27 from last year's $-0.23 per share.

Author: 0 Was Trump joking on health care — AP SPIN METER

Establishment". I mean, so we have long histories of working with Democrats . "I don't know what he is being advised. I thought she was gonna talk about something else, '" Ryan explained. "The reason? He failed to deliver the votes on his healthcare bill, the one trumpeted to repeal and replace Obamacare..." "Well, it hasn't survived yet".

Author: 0 Speaker spurns health care talks with Dems

It would have also blocked federal payments to Planned Parenthood.Trump initially focused blame for the measure's failure on Democrats and predicted a dire future for the current law. Minority Leader Chuck Schumer, he should open a line of communication. Congressional Republicans have tried to turn the page on the Obamacare debacle, but the next page has another dismal message.

Author: 0 Samsung Will Give Combusting Galaxy Note 7's A Second Life

The decision of selling either refurbished or rental phones depends on consultations with the carriers and regulatory authorities and the local demand as well. The smartphone will then go through a process of metal extraction using environmental-friendly methods. The firm said refurbished Note 7s will be equipped with new batteries that have gone through Samsung's new battery safety measures.

Author: 0 White House says Trump to sign broadband privacy repeal

Now, understand that the regulation that the Senate voted to kill was not to prevent this from being done. "I want the American people to know that the FCC will work with the FTC (Federal Trade Commission) to ensure that consumers' online privacy is protected though a consistent and comprehensive framework", said current FCC Chairman Ajit Pai, a Republican, in a statement after the vote.

Business Toshiba shareholders angry as chip unit sale approved
Author: 0 Toshiba shareholders angry as chip unit sale approved

Westinghouse said in a statement that it filed the Chapter 11 petition in U.S. Bankruptcy Court in NY. "Completion of the reactors at V.C. Summer Nuclear Station will provide our state with clean and plentiful electricity for generations to come, " the statement said".

Business Krugman: Building on Obamacare needn't be complicated
Author: 0 Krugman: Building on Obamacare needn't be complicated

Trump has tweeted about the group three times since Friday. House Speaker Paul Ryan said Tuesday after a meeting with Republican lawmakers that members are ready to "work together and listen together". Ryan refused to commit to a timeline for action "because we want to get it right". "We're not going to just all of a sudden abandon healthcare and move on to the rest", Ryan told his political organization Team Ryan, according to the Post, citing a recording of the call.

Business White House mistakenly links to column critical of Trump on daily newsletter
Author: 0 White House mistakenly links to column critical of Trump on daily newsletter

In its daily newsletter Friday, the White House linked to a column in The Washington Post titled "Trump's budget makes flawless sense and will fix America, and I will tell you why". The budget includes cuts to many domestic programs in order to offset increased military spending. " You see reductions in many agencies as he tries to shrink the role of government, drive efficiencies, go after waste, duplicative programs", Office of Management and Budget Director Mick Mulvaney told ...

Business Average US 30-year mortgage rate slips to 4.14 percent
Author: 0 Average US 30-year mortgage rate slips to 4.14 percent

The national average contract mortgage rate for the purchase of previously occupied homes by combined lenders index according to the FHFA was 4.27 percent for loans closed in late February, up 5 basis points from 4.22 percent in January, while the average interest rate on all mortgage loans was 4.25 percent, up 8 basis points from 4.17 in January.

Author: 0 Netanyahu Vows to Work with Trump on Palestine Peace Efforts

When it comes to combatting anti-Israel bias at the United Nations, "there's a new sheriff in town", United States Ambassador to the UN Nikki Haley proclaimed on Monday at the AIPAC Policy Conference. Declaring that the " days of Israel bashing are over ", US ambassador to the United Nations received a rockstar welcome from AIPAC delegates gathered in Washington for their annual conference.