Business

Business Counterfeiting of new notes worries agencies
Author: 0 Counterfeiting of new notes worries agencies

Pay hike for RBI Guv; monthly basic at Rs 2.5 lakh RBI Governor Urjit Patel and his deputies have got a pay hike with the government more than doubling their basic salary to Rs 2.5 lakh and Rs 2.25 lakh per month, respectively. The move comes in the wake of recovery of a large amount of fake Indian currency notes in last four months after demonetisation. The change in design of Indian currency notes of higher denominations was long due.

Business Wall St gains, backed by stronger US economy
Author: 0 Wall St gains, backed by stronger US economy

The Nasdaq composite index lost 2 points to 5,911. Friday marks the end of the week, month and quarter. Amazon .com was the top stock on the S&P and the Nasdaq , with a 1.3 percent gain. CIBC said it offered about US$4.9 billion in cash and stock, up from the earlier US$3.8 billion offer. Akari Therapeutics PLC (AKTX) rose 11% gain after the U.S.

Author: 0 Cyclone Debbie batters northeast Australia

Annastacia Palaszczuk says there have been few reports of injuries so far, but many people who bore the brunt of ex-cyclone Debbie's fury are still without any way to call for help. Qantas, Jetstar and Virgin Australia suspended flights to and from the region and said planes may also be grounded on Wednesday, although Townsville airport said it would reopen.

Business P Chidambaram's Role in Aircel-Maxis Deal Comes Under ED Scanner
Author: 0 P Chidambaram's Role in Aircel-Maxis Deal Comes Under ED Scanner

The BJP leader informed the bench led by Chief Justice of India JS Khehar that the CBI responded to a letter he had written in which they said that "all angles" were being pursued. The bench has slated the hearing for May 2. Aircel is controlled by Malaysia's Maxis Communications Bhd. Chidambaram as the then Finance Minister had authority to approve deals till a limit of Rs 600 crore.

Author: 0 Kumar Mangalam Birla to head merged idea-Vodafone entity

Asked why the new shareholding structure was complicated, KM Birla, Chairman, Aditya Birla Group, said: "Idea and Vodafone have been valued equally by the valuers". "Shares in Idea rose as much as 14.3 percent immediately after the news but then fell 9 percent as traders said the implied deal price for Idea was well below the stock's" closing price of 108.10 rupees Friday.

Author: 0 Yahoo and AOL will form new company called … Oath

Yahoo originally agreed to sell its online operations to Verizon for $4.8bn after years of unsuccessful attempts to boosts its revenue. AOL, however, issued a short statement prior to Armstrong's tweet saying, "In the summer of 2017, you can bet we will be launching one of the most disruptive brand companies in digital".

Business Trump's actions will increase emissions. Is that really what we want?
Author: 0 Trump's actions will increase emissions. Is that really what we want?

It follows similar initiatives past year and comes after the government said in November it would eliminate or delay at least 150 GW of coal-fired power projects between 2016 and 2020 and cap coal power generation at 1,100 GW. The government's renewed embrace of coal also appears to be at odds with Australian voters. At most, they say that some utilities could decide to extend the life of older coal plants that they had planned to retire.

Author: 0 Partisan split at House intel committee over canceled open hearing

These connections are part of the campaign by Democrats to link President Donald Trump to Russian President Vladimir Putin. "There are just questions that we have ... The Senate Intelligence Committee, meanwhile, is keeping its head down and continuing its own investigation into Russia's election meddling. "And then you have to ask why were names unmasked?" Nunes did not say whether Manafort would testify publicly and he did not offer any other new specifics on the investigation.

Author: 0 Leftist Moreno heading to disputed win in Ecuador election

This arrangement, however, has been in jeopardy since the conservative candidate in the election, Guillermo Lasso, vowed to evict Assange from the embassy within 30 days if he won the vote. Peru also elected a right-leaning government in 2016. The mission said the National Electoral Council, CNE, in fact adopted numerous recommendations it presented after the first round of the elections back in February, in which OAS observers participated, "facilitated the process of setting up the voting ...

Business At least 200 dead after flooding and mudslides in Colombia
Author: 0 At least 200 dead after flooding and mudslides in Colombia

Using the hashtag #TodosConMocoa, Santos wrote on Twitter: "Our hearts are with the families of victims and affected by this tragedy". "We had to recover them ourselves. Martinez says in a statement Sunday that his office has dispatched 45 criminal investigators to the community of Mocoa to help in the identification of victims.

Author: 0 Cyclone Debbie: Baby girl born amid the destruction

Numerous nation's top tourist attractions were hit by winds clocked at over 260 km per hour, with over 200 tourists and 50 to 60 staff still on Daydream Island stranded and running low on supplies, while Hayman Island has yet to be contacted.

Author: 0 Panera Bread Shares Jump On Report Of Possible Sale

Panera Bread (NASDAQ:PNRA) last released its earnings results on Tuesday, February 7th. Panera Bread Company has a 50 day moving average of 232.51 and a 200 day moving average of 211.48. Wells Fargo & Co reaffirmed an "outperform" rating on shares of Panera Bread in a research note on Wednesday, February 8th. The bakery chain, which has a market value of about $6.5 billion, is working with advisers to study the options, said the people, who asked not to be named discussing the private ...

Author: 0 Senate faces nuclear showdown over Gorsuch

So far, only Donnelly of Indiana, Heidi Heitkamp of North Dakota and Joe Manchin of West Virginia have said they will vote to confirm Gorsuch. "Judge Gorsuch's views were hard to discern because he refused to answer questions, even basic questions that had been answered by previous nominees", Feinstein said.

Business Three airliners in near-misses with drones at London's Heathrow
Author: 0 Three airliners in near-misses with drones at London's Heathrow

The report by the U.K. Airprox Board, which catalogs air safety incidents, offered new details on the close calls that took place in October and November. The scariest incident took place when an Airbus A320 plane descending into Heathrow nearly struck a drone at around 10,000 feet. In the other two cases, the board said it was either good luck or divine providence that had spared a serious accident.

Author: 0 Here's how to protect your data from internet providers

Congress approved legislation reversing Obama administration era internet privacy rules . Earlier this month, two dozen Republican senators filed a joint resolution to cancel the new privacy rules imposed on Internet service providers and to prevent the FCC from taking similar action in the future.

Author: 0 Leftist Moreno heading to dispute win in Ecuador election

A nail-biting election in Ecuador appeared to end Sunday with leftist candidate Lenín Moreno winning the presidency over conservative Guillermo Lasso. "Delegates from our political alliance will challenge the results", Lasso said . Moreno, who is universally referred to by his first name, Lenin, by supporters, tweeted a photo of his victory speech with the message: "Long live Ecuador!" Lasso anticipated he won the election so he declared victory prior to the CNE announcement.

Business Union Pacific is safest railroad in US
Author: 0 Union Pacific is safest railroad in US

Several hedge funds have recently modified their holdings of the company. Union Pacific Corporation (NYSE: UNP)'s distance from 200 day simple moving average is 9.58 percent, its distance from 50 day simple moving average is -0.03 percent, while its distance from 20 day simple moving average is 0.95 percent.

Author: 0 BlackBerry Ltd upgraded as turnaround gains traction

M Holdings Securities Inc.'s holdings in BlackBerry were worth $138,000 as of its most recent filing with the SEC. Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackBerry had a negative net margin of 93.19% and a negative return on equity of 3.62%. The firm's revenue was down 39.0% on a year-over-year basis.

Business States sue over delay of energy efficiency rules under Trump
Author: 0 States sue over delay of energy efficiency rules under Trump

The states announced Monday they had filed notice with the U.S. Court of Appeals for the 2nd Circuit in NY seeking review of a series of actions by the Energy Department to delay final standards for devices, including ceiling fans, portable air conditioners, commercial boilers and walk-in coolers and freezers.

Author: 0 Petersburg subway in Russian Federation injures several

In Moscow, deputy mayor Maxim Liksutov told the Interfax news agency that authorities were tightening security on the subway in the Russian capital. More than 330 people, about half of them children, are killed. Officials previously had said that 10 people were killed and about 40 were wounded when an explosive device rigged with shrapnel went off on a subway train in the center of St.

Author: 0 Analysts Update Their Price Target On Johnson Matthey PLC (JMPLY)

Among 8 analysts covering Tp Icap Plc ( LON:TCAP ), 5 have Buy rating, 2 Sell and 1 Hold. Therefore 50% are positive. Booker Group PLC has GBX 250 highest and GBX 145 lowest target. 11/20/2015 - Johnson Matthey PLC had its "buy" rating reiterated by analysts at Citigroup. Rightmove Plc with EPIC/TICKER LON:RMV had its stock rating noted as "Reiterates" with the recommendation being set at "OUTPERFORM" this morning by analysts at Exane BNP Paribas.

Business Tanker drivers suspend nationwide strike as FG increases payment to marketers
Author: 0 Tanker drivers suspend nationwide strike as FG increases payment to marketers

The Nigeria Union of Petroleum and Natural Gas Workers has said the planned indefinite strike by the Petroleum Tanker Drivers arm of the union will commence as scheduled today (Monday). But the Group General Manager in charge of Group Public Affairs Division of the NNPC, Mr. Ndu Ughamadu told our source yesterday that the Group Managing Director of the corporation, Dr.

Business Mike Neighbors leaves UW women and returns to Arkansas
Author: 0 Mike Neighbors leaves UW women and returns to Arkansas

A source familiar with the situation said the Razorbacks waited for Neighbors and Schaefer to finish their seasons with their respective teams. Neighbors' hiring as the Razorbacks' women's head basketball coach was made official Monday by Arkansas Athletic Director Jeff Long.

Author: 0 Worried about companies spying on your browsing? Here's what you can do

President Donald Trump is expected to sign the order to repeal the law soon, on the advice of his advisers. "Consumers would have no privacy rules ". Before the Bill was put to vote, Senator Charles E. Schumer had urged the Representatives to stand with consumers and protect personal consumer information from being sold to third parties or the highest bidding companies.

Author: 0 Analysts At Peel Hunt Reiterated Novae Group PLC (LON:NVA) As Add

About shares traded. Agilysys, Inc. Microsoft Corp now has $509.18B valuation. The stock decreased 0.22% or $0.12 during the last trading session, reaching $54.36. The firm has "Hold" rating given on Tuesday, August 4 by Zacks. In a research report made public on today, Deutsche Bank restate their Hold rating on SSE PLC (LON:SSE)'s stock.

Business Keystone Pipeline Wins Approval From President Trump
Author: 0 Keystone Pipeline Wins Approval From President Trump

The company looks forward to working with the White House "as we continue to invest in and strengthen North America's energy infrastructure", he said in a statement . Some analysts think only two of the three pipelines will get built. Kleeb vows to stop the pipeline once again. Fielden said Kinder Morgan "has shippers already lined up", though with Canadian oil production slated to rise, at least one more pipeline is needed "maybe more".

Author: 0 'At least 10 dead' after St Petersburg subway blast

There was no immediate claim of responsibility for the attack. An image posted by another Russian state news agency, RIA, shows a damaged metro auto and scattered debris. The two stations are adjacent on the No. 2 subway line, which runs north-south through St. Petersburg. Witnesses on the subway said the blast spread panic among passengers, who ran toward the exits.

Author: 0 Ford, Chrysler sales disappoint as cars plunge despite discounts

The legal version of this report can be accessed at https://baseballnewssource.com/markets/lau-associates-llc-lowers-position-in-ford-motor-company-f/555236.html. $1.17M worth of stock was sold by Fowler Bennie W. on Thursday, March 2. More investors would buy the shares, helping boost the company's market capitalization, Greenlight contended.

Author: 0 David Rockefeller, banker, philanthropist, heir, dies at 101

Rockefeller was considered the seventh-richest person of all time with a net worth of $1.5 billion. The banker, philanthropist and presidential was the last surviving grandson of John D. His fortune, investments in real estate, share of family trusts and other holdings were estimated at $US3.3 billion ($4.3 billion) in March 2017 by Forbes magazine.

Author: 0 US Manufacturing Index Pulls Back Off Highest Level In Over Two Years

Exports were another strong aspect of the manufacturing sector, as the new export orders index rose four points to 59 per cent, for the 13th consecutive increase and the highest reading in more than three years. The composite index declined from 57.7 in February, its fastest rate since August 2014, to 57.2 in March. For one, although the trade weighted dollar has given up its gains from early in the year, it still remains about 3% above the level from a year ago and is expected to continue to ...

Author: 0 Oil stable on falling Libyan output, but bloated U.S. market still weighs

CT (10:23 GMT). On the New York Mercantile Exchange, May West Texas Intermediate crude CLK7, +1.68% added 52 cents, or 1.1%, to $50.03 a barrel. "Even though the US production has not replaced the 1.8-million-barrels-a-day void left by OPEC and Russian Federation, the real worry is what if OPEC start producing again after the deal expires?" said Vivek Dhar, a commodities strategist at Commonwealth Bank of Australia.

Business Here's how much Mylan's US EpiPen recall could cost it
Author: 0 Here's how much Mylan's US EpiPen recall could cost it

The company says there have been two global cases reported where a defective part prevented the auto-injector from activating. According to the FDA, Mylan is voluntarily recalling the 0.3 mg and 0.15 mg strengths of EpiPen and EpiPen Jr. Mylan said it's recalling EpiPen's from 13 lots to be exact, but people will not have to come out of their pockets to pay for the replacement pens.

Business Westinghouse Bankruptcy Threatens SC Nuclear Project
Author: 0 Westinghouse Bankruptcy Threatens SC Nuclear Project

It said Wednesday that it was working out revised numbers, and warned that the loss for the fiscal year may grow to 1 trillion yen ($9 billion). The move will trigger complex negotiations between the Japanese conglomerate, its US unit and creditors, and could embroil the USA and Japanese governments, given the scale of the collapse and USA government loan guarantees for new reactors.

Business Amazon Cash lets you shop without a bank card
Author: 0 Amazon Cash lets you shop without a bank card

It's an important move on Amazon's part to better appeal to customers that don't have access to bank or credit cards, which - per a 2015 FDIC report - comprise nearly 7 percent of the country, (along with an additional 24 percent that are considered "underbanked").

Author: 0 Shareholders approve spinoff of Toshiba's prized memory chip unit

The filing comes as the company's corporate parent, Toshiba of Japan, scrambles to stanch huge losses stemming from Westinghouse's troubled nuclear construction projects in the American South. Toshiba's management has come under fierce criticism from shareholders, despite investors approving plans to sell its valuable memory chip unit. Toshiba said in a statement about the bankruptcy filing that it and the Westinghouse unit are working with the owners of two nuclear power plant ...

Business Trump Asks If Clinton Campaign Got Kickback To Lift Russia Sanctions
Author: 0 Trump Asks If Clinton Campaign Got Kickback To Lift Russia Sanctions

It's been almost five months since Donald Trump defeated Hillary Clinton on Election Day, but the president can't seem to let her go. Trump went on a tweet-fest Monday morning and as the president's wont to do in his haste, he inaccurately phrased his comment, saying Clinton was given the "answers", as opposed to the questions .

Business Canada's SNC-Lavalin offers to buy WS Atkins for 2080p/shr
Author: 0 Canada's SNC-Lavalin offers to buy WS Atkins for 2080p/shr

Atkins said SNC planned to offer 2,080 pence per share in cash, 35 per cent above Atkins' closing share price on Friday. Canadian engineering giant SNC-Lavalin has approached Atkins with an acquisition offer. Atkins got nearly half its revenue there. There is no guarantee a firm offer will be made, Atkins said. Shares in WS Atkins were up 28% at 1,971.00 pence Monday afternoon following the announcement.

Author: 0 An Easter Egg Hunt Holds At Craven County Community College

Both egg hunts will be free of charge. - The West Tawakoni Police and Fire Departments are hosing the sixth annual Easter egg hunt at West Tawakoni City Park Saturday morning. Sunday, April 9, at 16 Duck Pond Lane. The egg hunt will be located on the soccer fields at the Greenville SportsPark. An Easter breakfast will be held before mass at 9:30 a.m.

Author: 0 SpaceX reuses rocket for the first time

Thursday's landing proves that it's possibly to fly and re-fly an orbital class booster, which Musk said is the most expensive part of the rocket. Success for SpaceX as the company is the first to use a "flight-proven" rocket to deliver SES's commercial communications satellite to a Geostationary Transfer Orbit (GTO).

Author: 0 Truck, SUV sales keep rising as auto sales continue to slide

Truck sales comprised about 45% of all Ford-brand sales in March, and the F-Series pickups accounted for about 36% of total Ford-brand March sales. Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Ford Motor Co.

Author: 0 Sanctuary City Crackdown Begins

Murray says the city will gladly give up federal money to continue its policy of prohibiting municipal employees from asking about a person's immigration status, unless required by law or court order. Philadelphia, which has designated itself as a "sanctuary city", received $57.5 million in OJP grants in fiscal year 2016 - mostly to cover police expenses for the Democratic National Convention held there.

Business New credit card rules could help customers shake off persistent debt
Author: 0 New credit card rules could help customers shake off persistent debt

While it's no fun for the individual, credit card firms love these people and, surprise surprise, "do not routinely intervene to help them" according to the city watchdog. Debt campaigners welcomed the announcement, but warned that the proposals do not address the fundamental question of how credit cards trap people in "persistent debt".

Author: 0 Crude Oil Stocks Sets Record

Futures advanced 5.5 per cent in NY this week, climbing back above US$50 (RM220) a barrel after Kuwait Oil Minister Issam Almarzooq reiterated support for prolonging a six-month deal to trim supply past June. The indicator has shown huge gains, with the rig count doubling in a 10-month recovery and undermining efforts led by oil cartel Opec to rein in output.

Author: 0 Georgia Healthcare Group (LON:GHG) Analyst Target Prices

Reckitt Benckiser Group Plc using EPIC/TICKER code LON:RB has had its stock rating noted as "Reiterates" with the recommendation being set at "BUY" this morning by analysts at Jefferies International. The stock has "Buy" rating by Peel Hunt on Friday, September 16. The company has market cap of 4.82 billion GBP. The Company's segments include Capital Markets, Post Trade Services CC&G and Monte Titol, Post Trade Services LCH Clearnet, Information Services, Technology Services and Other.

Author: 0 Uber suspends self-driving car program in 2 states

The company temporarily suspended its entire test program in the wake of the accident. No one was seriously injured in the accident, which occurred Friday in Tempe, Arizona, while the vehicle-a Volvo SUV-was in self-driving mode, the company said.

Author: 0 Train derails at NYC's Penn Station; no injuries reported

A Reuters witness on the New Jersey Transit train, which was coming from Trenton, New Jersey, said the train began bumping and shaking before stopping, and that a broken wheel was visible from inside the vehicle. NJ Transit said the organizations buses would cross-honor tickets, along with the PATH and private bus carriers. NJ Transit says it has service suspensions and delays.

Business Lewis Hamilton: Vettel battle set to be tougher than Rosberg
Author: 0 Lewis Hamilton: Vettel battle set to be tougher than Rosberg

Vettel was victorious after matching Hamilton through the first stint of the race and then taking the lead after running five laps longer before pitting. It is a lot of fun to race for victories and a lot of fun to race against the best. It was the worst possible scenario for the triple world champion, who could not find a way round the 19-year-old Red Bull driver.

Author: 0 Candlelit vigil as hundreds mourn their 'hero' Martin McGuinness

Northern Ireland's former deputy first minister passed away at Altnagelvin Hospital surrounded by family members in the early hours of yesterday. "On behalf of republicans everywhere we extend our condolences to Bernie, Fiachra, Emmet, Fionnuala and Grainne, grandchildren and the extended McGuinness family".