Money

Equifax executives subject to criminal probe

Equifax executives subject to criminal probe Equifax learned about a major breach in its systems in March, well before it disclosed a massive breach earlier this month that included sensitive information for 143 million consumers , according to a new report from Bloomberg . Prosecutors are looking at the stock sales by Equifax Chief Financial Officer John Gamble; President of U.S. Information Solutions Joseph Loughran; and President... [Full Article...]

CBS raises bid for Australia's Ten Network

CBS raises bid for Australia's Ten Network The new CBS offer raises the pool of cash payable to creditors by A$8.6 million ($6.8 million) to A$40.6 million, documents published by Ten's administrator show. To this, Supreme Court Justice, Ashley Black, states he had "not had regard to commercial developments which may have occurred after the hearing was completed and judgment reserved" as the parties did not endeavor to pursue a further hea... [Full Article...]

MGM Plans Casino Facility in Bridgeport

MGM Plans Casino Facility in Bridgeport In MGM's plans, the company said it will also establish a workforce development and training center in the city of New Haven. BidaskClub lowered shares of MGM Resorts International from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, August 1st. [Full Article...]

M&M, Ford jointly to explore collaboration on electric vehicles and connected technologies

M&M, Ford jointly to explore collaboration on electric vehicles and connected technologies Teams from both companies have made a decision to collaborate and work together for the next three years, at a time when the global automotive industry is going through a period of unprecedented transformation. The partnership, however, ended in a bitter split. Its plans of selling utility vehicles in the country hit a rough patch around a decade ago. "Ford is committed to India and this allia... [Full Article...]

Toys R Us' Bankruptcy Could Come by This Week

Toys R Us' Bankruptcy Could Come by This Week The three owners of Toys R Us declined to comment to USA Today or CNBC . The people could not be identified because the bankruptcy plans are not yet public. Reuters said the company was working on a loan as part of its bankruptcy filing to reassure its vendors that it can pay for the toys to keep its shelves stocked. [Full Article...]

McDonald's is giving away 100000 free cheeseburgers for National Cheeseburger Day

McDonald's is giving away 100000 free cheeseburgers for National Cheeseburger Day Because today is no ordinary, dreary Monday - it's National Cheeseburger Day (September 18), at least according to the mysterious food marketing powers that be. Customers who complete the challenge will receive a $20 gift card and a free T-shirt stating their victory. Dog Haus - Upgrade from a single to a double cheeseburger for free on Monday. [Full Article...]

Northrop Grumman Working to Purchase Orbital ATK

Northrop Grumman Working to Purchase Orbital ATK The deal would come as the firing of missiles by North Korea in recent months has focused attention on missile defense systems. Northrop Grumman will purchase Orbital ATK with $7.8 billion in cash and assume $1.4 billion of Orbital's debt, the company's announced on Monday. [Full Article...]

Slack the latest recipient of Softbank Vision Fund largesse

Slack the latest recipient of Softbank Vision Fund largesse The fund provides resources which will help Slack to run as a cash-generating company and the raise will reduce its dependence on outside financing, Slack Chief Executive Stewart Butterfield said. "The Vision Fund's focus on global technology platforms aligns with our recent worldwide expansion, while Accel has been with us as investors and partners from the very beginning", Slack CEO Stewart ... [Full Article...]

Strike Action Set for CAMI Ingersoll Plant

Strike Action Set for CAMI Ingersoll Plant As of Sept 1, GM only had enough inventory of the Equinox model to last 53 days, a rather tight level of supply for the automaker. The roughly 3000 CAMI workers have been working six days a week since 2009 assembling the Chevrolet Equinox. [Full Article...]

Gas prices hit a three-year high in Florida

Gas prices hit a three-year high in Florida That compares to the national average that fell 4.7 cents per gallon to $2.60 per gallon. "An incident as severe as Harvey will have a big impact on the global supply chain, even if that region doesn't supply Nevada's gas", Blasky said. AAA Michigan's latest Gas Gauge survey finds the average state-wide price of self serve regular has dropped 15 cents the past week. Chattanooga gas prices befo... [Full Article...]

Hackers used a massively popular PC cleanup tool to distribute malware

Hackers used a massively popular PC cleanup tool to distribute malware The problem is being compared to the NotPetya ransomware threat. Unfortunately there is no quick fix for this malware infection and Cisco Talos highly recommends that all affected users wipe their entire computer or use a restoration point dated before August 15, 2017. [Full Article...]

Nifty scales fresh peak of 10167.15, Sensex climbs 235 pts

Nifty scales fresh peak of 10167.15, Sensex climbs 235 pts Nifty50 hit a fresh closing high of 10,153.10. It earlier touched an intra-day high of 10,137.85 points on August 2. The broadest index of Asia-Pacific shares outside Japan rose 0.9 per cent to reach heights not visited since late 2007. Strength in the rupee and a gradual pick-up in FII buying has increased liquidity in the market. All eyes are on two-day Federal Reserve monetary policy meeting th... [Full Article...]

RyanAir's Stock Is Tumbling As it Cancels Hundreds of Flights

RyanAir's Stock Is Tumbling As it Cancels Hundreds of Flights So far, the Irish airline has listed cancellations up to and including Wednesday, saying it will cancel 40-50 flights a day for six weeks, which could affect up to almost 400,000 passengers across the board. And the airline lost 140 pilots to Norwegian Air so far in 2017, according to the Irish Independent . In July, Ryanair reiterated its 1.4 to 1.45 billion euro forecast for the financi... [Full Article...]

Martin Truex Jr. gets slimed in victory lane celebration

Martin Truex Jr. gets slimed in victory lane celebration Aside from those two, I feel like we could run about everybody else. "We were just able to have a smooth, clean execution the last stage". "I felt like the 24 (Elliott) and the 78 (Truex) were a little better than us and we finished right where we should have". [Full Article...]

Florida nursing home called governor's personal cellphone for help

Florida nursing home called governor's personal cellphone for help Florida Power & Light, owned by NextEra Energy Inc and the state's biggest electric company, said it was working aggressively to restore power to the 23% of its customers still in the dark. Glendale Owens, the daughter of one of the men who died, said she last visited her father in the nursing home Monday and everything seemed fine. "I have nothing", said Mercedes Lopez, 50, whose family fled nor... [Full Article...]

Fuel shortage prompts flight cancellations at Auckland Airport

Fuel shortage prompts flight cancellations at Auckland Airport It will take another 30 hours for the jet fuel to settle, for recertification to be obtained, and then it can be transported to the airport. The company expects to resume service to Wiri between September 24 and September 26, after which it will take another 30 hours before it can be transported to the airport. [Full Article...]

Kirk in contention at major championship in France

Kirk in contention at major championship in France Last month, Jutanugarn was in second place and in the final Sunday pairing at the Ricoh Women's British Open at Kingsbarns. The decision to re-boot the fifth and final major of this year's Ladies Professional Golf Association European Tour - which carries total prize money of $3.65 million (£2.76 million/€3.07 million) - received criticism from some players and observers, with the United States ... [Full Article...]

GST: Infosys told to fix GSTN glitches in 30 days

GST: Infosys told to fix GSTN glitches in 30 days However, for easier compliance, the council allowed businesses to file simplified GSTR-3B for four more months till December. While the network has coped well initially while registering taxpayers, it had come under pressure during filing of returns prompting the government to extend the deadline. [Full Article...]

United States stocks end higher, close out strong week of gains

Led by gains in the price of gas, housing and vehicle insurance, consumer prices increased 0.4% in August, beating estimates for a 0.3% increase. The disappointing USA data, which included industrial output in August, came after a report that showed the strongest increase in consumer prices in seven months. [Full Article...]

US Market Indexes Higher on Friday and for the Week

The Dow Jones Industrial Average jumped 65 points to end yesterday's trading at a record high of 22, 686. Investors largely shrugged off the latest rise in tensions on theKorean peninsula and a terrorist attack in London, with haven assets from the yen to gold declining.The S&P 500 took the round-number milestone in the final minutes of trading to end the week with a 1.6 percent advance. [Full Article...]


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