Money

Chinese passenger chucks coins into plane's engine for good luck

Chinese passenger chucks coins into plane's engine for good luck It was ascertained that, before embarking on her own, the 80-year-old threw nine coins on one of the engines of China Southern Airlines . The plane was scheduled to fly from Shanghai Pudong International Airport to Guangzhou, capital of south China's Guangdong province, at 12.40 p.m., but was delayed for more than five hours due to the incident. [Full Article...]

Trump organization ends management of Toronto tower

Trump organization ends management of Toronto tower The most recent worldwide survey conducted by Pew found that just 22 percent of Canadians had confidence in Trump's leadership, whereas 83 percent of Canadians had confidence in former President Barack Obama at the end of his second term. [Full Article...]

Bilby PLC (BILB) Receives Buy Rating from Northland Securities

The stock price for Marks and Spencer Group Plc EPIC code: LON:MKS has decreased -1.92% or -6.6 points during today's session so far. About 10 shares traded. GBX 62's average target is 43.35% above currents GBX 43.25 stock price. Liberum Capital reiterated a "buy" rating and set a GBX 175 ($2.23) target price on shares of Hays plc in a research report on Thursday, April 13th. [Full Article...]

Ukraine hit by major cyber-attack

Ukraine hit by major cyber-attack Mr Tehan said if any companies or households do see an impact to report it to the Computer Emergency Response Team (CERT). Flight operator Boryspil said Kiev's main airport was hit by a "spam attack " that could cause some flights to be delayed. [Full Article...]

Draghi: ECB will be cautious in adjusting stimulus effort

Draghi: ECB will be cautious in adjusting stimulus effort Fed Chair Janet Yellen said it is appropriate to raise rates gradually and noted that the USA central bank is carefully watching inflation expectations. "In the current context where global uncertainties remain elevated, there are strong grounds for prudence in the adjustment of monetary policy parameters, even when accompanying the recovery", Draghi said in a speech at an European Central Ba... [Full Article...]

Flight diverted to remove 'potential threat' from plane

Flight diverted to remove 'potential threat' from plane According to the Houston Chronicle , her fellow passengers said they could tell something was amiss: The woman had been shouting and walking backwards at Los Angeles International Airport before the flight took off on Sunday, and some wondered how she had been allowed on the plane. [Full Article...]

Amtrak Picks Former Delta Executive to be New CEO

Amtrak Picks Former Delta Executive to be New CEO Moorman, who's been weathering blistering criticism over Amtrak's management of Penn Station , will step down at the end of the year. Aviation Week named him person of the year in 2015. Moorman's tenure has been dominated by Amtrak's troubles in the New York City region. It remains an open question how much the rail service would benefit from a proposed trillion-dollar federal infrastructure bi... [Full Article...]

EU fines Google a record 2.42 billion euros

EU fines Google a record 2.42 billion euros The company holds a 90 per cent market share in Europe's online searches. Probes were triggered after the European Commission received dozens of complaints from US and European competitors who claimed that the search engine company abused its search market dominance to give its Google Shopping service an advantage over other retailers and create a monopoly over consumers. [Full Article...]

Canadians' view of United States deteriorated under Trump: global survey

Canadians' view of United States deteriorated under Trump: global survey In fact, the study, by the Pew Research Centre, found the world has more confidence in Vladimir Putin as a leader than Donald Trump , with 27 per cent of people saying they have confidence in Putin, versus just 22 per cent for Trump . [Full Article...]

Cuomo calls special session after NYC, sales tax stalemate

Cuomo calls special session after NYC, sales tax stalemate But Cuomo's Secretary Melissa DeRosa said in a statement that Cuomo has discussed the proposed extraordinary session agenda with legislative leaders. Republicans in the Senate wanted to tie mayoral control to strengthening charter schools , but the Assembly wanted to link mayoral control to the routine extensions of sales tax authorization for most of New York's counties upstate and on Long Isl... [Full Article...]

Toshiba to meet shareholders with no chip unit deal signed

Toshiba to meet shareholders with no chip unit deal signed WD previously partnered with US private equity fund Kohlberg Kravis Roberts ( KKR ) to make an offer of roughly 2 trillion yen for Toshiba's memory unit. WD has notified Toshiba's board of directors that it formally opposes Toshiba's sale of its memory division to any group that has ties to its primary competitor SK Hynix, questioning SK Hynix's motives in lending to the consortium, accordin... [Full Article...]

Sprint in talks with Charter, Comcast on wireless deal

Sprint in talks with Charter, Comcast on wireless deal John Malone , whose Liberty Broadband Corp.is Charter's largest investor, has been trying to convince Comcast Chief Executive Brian Roberts for the past year that the companies should jointly buy a carrier like Sprint , according to people familiar with the matter. [Full Article...]

International Monetary Fund trims economic forecast for U.S. amid growth uncertainty

International Monetary Fund trims economic forecast for U.S. amid growth uncertainty The IMF's forecast is that annual GDP growth of 2.1 percent this year and 2.1 percent next year would slow to 1.9 percent in 2019 and 1.8 percent in 2020. A Treasury spokesperson said "we appreciate the IMF's support of the administration's broad policy objectives" as it aims to create policies to boost USA and global economic growth. [Full Article...]

Trump takes another swipe at CNN following resignations

Trump takes another swipe at CNN following resignations US President Donald Trump waits to speak on the phone with Irish Prime Minister Leo Varadkar to congratulate him on his recent election victory in the Oval Office at the White House in Washington, DC, on June 27, 2017 . "Why is CNN constantly like 'Russia this, Russian Federation that?'" an unnamed Project Veritas reporter asks John Bonifield , CNN supervising producer, in a video ... [Full Article...]

Technical Analysis That Matters: Brandywine Realty Trust (BDN), Urban Edge Properties (UE)

Technical Analysis That Matters: Brandywine Realty Trust (BDN), Urban Edge Properties (UE) The Firm provides metals processing and distribution services for a range of customers. Tower Bridge Advisors who had been investing in Digital Realty Trust for a number of months, seems to be bullish on the $18.47 billion market cap company. [Full Article...]

Pandora CEO Tim Westergren departs

Pandora CEO Tim Westergren departs Chief Financial Officer Naveen Chopra has been named interim CEO while the board begins a search for a permanent replacement, Oakland, California-based Pandora said Tuesday in a statement. Then earlier this month a sizeable stake in the company was sold to SiriusXM , which had always been mooted as a potential new owner. The long-suspected departure of CEO Tim Westergren was announced be... [Full Article...]

No active shooter found at Alabama Army base; lockdown lifted

No active shooter found at Alabama Army base; lockdown lifted The base has called off a drill on how to respond to an active shooter because personnel learned "everything they need" on Tuesday, Holiday said. Workers at the Redstone Arsenal facility near Huntsville were advised to "run hide fight", but the all clear was given and officials said there were no confirmed injuries or arrests as a result of the incident. [Full Article...]

Japan's airbag giant Takata files for bankruptcy

Japan's airbag giant Takata files for bankruptcy The company has been involved in the automotive industry's largest global recall as a result of defective airbags. Takata Corp. filed for bankruptcy protection in Japan and the USA, leaving consumers to wonder about the status of the recall of about 70 million defective air bag inflators in the us and another 30 million worldwide. [Full Article...]

Chinese troops cross Sikkim border, jostle with Indian forces at LAC

Chinese troops cross Sikkim border, jostle with Indian forces at LAC The face-off has been going on for the past 10 days. The Indian Army and the PLA officials held a meeting on June 20 and discussed the matter. China also stopped Indian pilgrims on the Kailash Mansarovar Yatra , which is on the Chinese side of Tibet. [Full Article...]

Berkshire Takes 9.8% Stake in Store Capital in Property Bet

Berkshire Takes 9.8% Stake in Store Capital in Property Bet Zacks Investment Research lowered shares of Berkshire Hathaway from a hold rating to a sell rating in a research report on Friday, April 28th. In the transaction, STORE Capital issued some 18.6 million shares of company stock in a private placement to one of Berkshire Hathaway's subsidiaries, National Indemnity Company, at a price of $20.25 per share. [Full Article...]


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