Business

BlackRock reveals major overhaul of active equity offering

BlackRock reveals major overhaul of active equity offering

BlackRock's equity overhaul also invites comparisons to that of another major asset firm rival, Pacific Investment Management Co. Given BlackRock's size - it is the world's largest asset manager,...

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Indian equities open on a higher note

Indian equities open on a higher note

The barometer 30-scrip Sensitive Index (Sensex) of the BSE slipped by 227.59 points or 0.77 per cent to close at 29,421.40 points, while the NSE Nifty fell by 52.05 points or 0.57 per cent at 9,108 po...

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Kyodo:UN talks begin on treaty to ban nuclear weapons

For its part, the USA administration said it will try to persuade other United Nations member-counties to vote against the convention. They have collectively said that the threat of a nuclear disaster...

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Las Vegas just the latest move for vagabond Raiders

Las Vegas just the latest move for vagabond Raiders

The twist here is that the Raiders are unlikely to depart Oakland for two years, putting them in a weird limbo where their head is in one city but their heart in another. The Bay Area is a region of t...

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Raqqa residents evacuate as 'IS'-controlled dam risks collapse

Raqqa residents evacuate as 'IS'-controlled dam risks collapse

The militants claim that the US-led coalition's airstrikes had weakened the dam. "The first goal of the SDF is to control Tabqa city (next to the dam) or besiege it completely before starting the ba...

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Trump Calls Out Freedom Caucus In Tweet Ahead Of Uncertain Repeal Vote

Trump Calls Out Freedom Caucus In Tweet Ahead Of Uncertain Repeal Vote

HFC Chairman, Rep. Mark Meadows of North Carolina, remained a "no" when he spoke to reporters Thursday evening. Rep. Mo Brooks of the hard-line Freedom Caucus told CNBC on Friday the House Obamac...

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Bulgaria's centre-right GERB wins early election - exit polls

Bulgaria's centre-right GERB wins early election - exit polls

Three other parties were projected to win at least four percent of the votes and qualify for the parliament: the rightist United Patriots coalition, with 8.8 percent; the Party for Rights and Freedoms...

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Uber suspends testing of self-driving cars after Arizona crash

Uber suspends testing of self-driving cars after Arizona crash

The vehicle was operating in self-driving mode at the time of the crash, the spokeswoman said . An Uber self-driving auto was involved in an accident in north Tempe, Ariz. The auto was part of ...

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Meals on Wheels Donations Spike After Donald Trump's Budget Outline

Health and Human Service Department. With all programs under the act, Veitch's office sends out requests for proposals and, from these, selects contractors. They're prepped, packed and put on a truc...

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It's Red Nose Day - ways to support Comic Relief

It's Red Nose Day - ways to support Comic Relief

Fans have fallen in love with the movie's story telling and the realness that not everything works out as planned. A number of new commands and queries have been added to the voice assistant that wi...

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Gummy Bear Maker Haribo to Open First US Plant

The governor's office says the HARIBO project is one of the largest investments by an overseas company in Wisconsin history. "That is why the step to start with local production from 2020 is importa...

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Officer calls back scammer posing as IRS agent

Officer calls back scammer posing as IRS agent

The caller in Roder's case took the scam a step further, using a fear tactic to get the police officer to cough up some cash. "If you don't have my address, how are you going to do that?" When Roder s...

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Keystone XL reportedly close to US State Department approval

Keystone XL reportedly close to US State Department approval

The Trump administration confirmed Thursday that a response is imminent - the decision will be made within the timeline set out by the White House, meaning it must happen by Monday. However, TransCana...

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Virgin America name will be phased out in Alaska Airlines merger

Virgin America name will be phased out in Alaska Airlines merger

Alaska, which purchased Virgin America for $2.6 billion in December, said it will keep numerous Virgin brand elements, such as "enhanced in-flight entertainment, mood lighting, music and the relentl...

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United Kingdom retail sales surge 1.4% in February

United Kingdom retail sales surge 1.4% in February

The month-on-month rise in February was the first after three months of declines. Sales volumes will need to grow 3.2 percent month-on-month in March just to have been flat quarter-on-quarter. In this...

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South Africa bans imports of Brazilian meat

Brazil's government fought Wednesday to save the country's meat industry from getting burned in a corruption scandal that has prompted several countries to pull Brazilian beef and chicken from the men...

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Stocks mixed a day after a plunge; tech gains, Nike sinks

Stocks mixed a day after a plunge; tech gains, Nike sinks

The CBOE Volatility index, Wall Street's "fear gauge", jumped 10.3 percent. Banks benefit from higher interest rates and their stocks are sensitive to changes in expectations of how quickly the Fed ...

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General Mills, Inc. (NYSE:GIS) Broker Price Targets For The Coming Week

General Mills, Inc. (NYSE:GIS) Broker Price Targets For The Coming Week

TIAA CREF Investment Management LLC increased its stake in shares of General Mills by 26.1% in the third quarter. Morgan Stanley now owns 4,575,674 shares of the company's stock worth $292,293,000 aft...

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National Ag Day: Giving Thanks for Agriculture, From Farm to Fork

National Ag Day: Giving Thanks for Agriculture, From Farm to Fork

The event will take place at the National Press Club in Washington D.C. from 8:30-10:30 a.m. More than 97 percent of Iowa farms, according to the U.S. In addition to the nuts and bolts titles of the F...

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Secret Service stepping up security after multiple scares

Secret Service stepping up security after multiple scares

EST Saturday, an individual drove his auto to a checkpoint near the White House where the Secret Service detained the man and "declared his vehicle suspicious". Trump was in the White House during tha...

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Republican health care plan creates budget problems for GOP

Republican health care plan creates budget problems for GOP

Older people would be expected to pay higher insurance premiums, while insurance costs generally would rise at first, then drop to slightly below current levels. We have a plan trying to work its wa...

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French Candidate Macron Hails Election Defeat of Dutch Far Right

French Candidate Macron Hails Election Defeat of Dutch Far Right

Le Pen, however, admitted that she had not actually asked for such a meeting. Le Pen also avoided the prospect of answering questions on the allegations that her party siphoned off money from Brusse...

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CBI to probe Narada sting operation: Calcutta High Court

CBI to probe Narada sting operation: Calcutta High Court

Demanding CBI or ED probe into Narada case, at least three Public Interest Litigations (PIL) were filed before the High Court. The court came down heavily on the police inquiry. Mamata defended her ...

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Is Donald Trump weakening the G20's defence of free trade

Germany's finance minister Wolfgang Schaeuble has said it is in the EU's interest to have a strong financial centre in London. During the campaign, Trump said he would consider any number of econo...

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Munde slams Fadnavis over loan waiver remark; din in Council

Munde slams Fadnavis over loan waiver remark; din in Council

Both Houses of the state legislature were adjourned for the day as opposition parties demanded an immediate waiver. Mumbai: Chief Minister Devendra Fadnavis on Thursday assured the Maharashtra Ass...

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Stretch of Ont. highway remains closed following fatal pileup, chemical spill

Stretch of Ont. highway remains closed following fatal pileup, chemical spill

The crews were using the daylight hours on Wednesday to assess the extent of the chemical spill. Highway 401 will remain closed indefinitely in both directions between Mallorytown and Lansdowne, Ont...

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Prosecutors Search Audi Offices in Germany

The subsidiary for luxury cars of German automobile maker Volkswagen is cooperating fully with the investigating bodies, added Audi's spokesperson. Peter Mertens, senior vice president for r&d at ...

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Ackman's Pershing Square sells Valeant stake, takes $3 billion loss

Ackman's Pershing Square sells Valeant stake, takes $3 billion loss

Ackman also absorbed an estimated $500 million loss in 2013 when he sold a large stake in retailer J.C. Penney (JCP). "We elected to sell our investment and realize a large tax loss which will e...

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Neiman Marcus explores options as Hudson's Bay circles

Neiman Marcus explores options as Hudson's Bay circles

The company posted a net loss of $117.1 million in the period, which includes a $153.8 million write down of its brand. In 2013 , Ares acquired Neiman Marcus for $6 billion. Neiman Marcus is one...

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RateHub co-founder warns against impact of US Fed rate hike

RateHub co-founder warns against impact of US Fed rate hike

The Fed is betting businesses will shrug off the extra cost of borrowing, continue to invest in the USA economy and create jobs. If anything, market analysts, economists, and Federal Reserve officia...

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Bottled water consumption overtakes carbonated soft drinks in the USA - figures

Consumption of bottled water reached 39.3 gallons per capita a year ago, surpassing the 38.5 gallons of soda per capita consumed, according to data from the Beverage Marketing Association. Looking for...

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Fintech firm Misys to merge with Canada's DH Corp

Fintech firm Misys to merge with Canada's DH Corp

Vista offered CA$25.50 in cash for each D+H Corp share, an 11 per cent premium to the stock's Friday closing price. The deal brings the total value of private equity transactions involving Canadian ...

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Musk Offers Mate Rates For SA E-Storage System

Musk Offers Mate Rates For SA E-Storage System

So Elon Musk is treating his giant battery farm like it's a pizza, and promising 100 day delivery or it's free . Adding "That serious enough for you?" After hearing that, Australian billionaire M...

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More states seek to halt Trump's new travel ban

Thinking the threat of a travel ban had passed, the wife and daughter started preparations to travel to Jordan for visa interviews at the United States embassy, the last step before U.S. He said his m...

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Ivanka Trump Products See Increase in Sales During February

Ivanka Trump Products See Increase in Sales During February

Additionally, Ivanka Trump brand sales were up 86 percent in November 2016 - the very same month her father defeated Clinton in the presidential elections. "To see such an extreme spike in one mon...

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Iran to receive second Airbus on Saturday

Iran to receive second Airbus on Saturday

It will now be operated by Iran's national flag carrier Iran Air. Iran has ordered 100 airliners from European plane-maker Airbus and 80 from Boeing and is in talks to finalize a deal to buy 20 turb...

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Staples to close around 70 stores in 2017

Staples to close around 70 stores in 2017

Yacktman Asset Management LP now owns 2,252,300 shares of the company's stock worth $19,415,000 after buying an additional 9,900 shares in the last quarter. Staples (NASDAQ: SPLS ) last announced its...

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Starbucks to release first-ever pastel cups to celebrate spring

Starbucks to release first-ever pastel cups to celebrate spring

Spring officially arrives on March 20, but Starbucks is celebrating it early with the first-ever spring hot beverage cups. The plain white dots ones could inspire baristas to add their own springtim...

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Hundreds of Dakota Access Pipeline Protesters Gather Outside White House

Hundreds of Dakota Access Pipeline Protesters Gather Outside White House

The Native Nations Rise march was partly led by Standing Rock in a continuation of its environmental stand against the Dakota Access Pipeline near the reservation and to call attention to tribal a...

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Wegmans scores 2nd in list of top places to work

Wegmans scores 2nd in list of top places to work

It's the 20th consecutive year the store has secured a spot in the rankings. For the full list, head to Fortune's site here . "Our employees proved that to be true again last year, as we achieved...

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Uber Says It Will No Longer Use Tool To Evade Law Enforcement

Uber Says It Will No Longer Use Tool To Evade Law Enforcement

Uber used Greyball to avoid local authorities who were investigating the company in US cities such as Las Vegas and Boston and in countries including Australia and China, according to The New York Ti...

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Fault Study Reports New 7.4 Earthquake Could Affect SoCal

Fault Study Reports New 7.4 Earthquake Could Affect SoCal

A report published Tuesday in the Journal of Geophysical Research by scientists from UC San Diego and Scripps Institution of Oceanography stated: "the fault poses a significant hazard to coastal Sou...

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AIG's Hancock Relinquishes CEO Role Amid Pressure From Carl Icahn

AIG's Hancock Relinquishes CEO Role Amid Pressure From Carl Icahn

Carl Icahn , who called for a breakup of the company two years ago to reduce regulatory burdens, welcomed the move in a tweet, saying "we fully support the actions taken today by the board of $ AIG "....

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Weather Alert For Tri-State Area: Snow Expected On Friday Morning

Weather Alert For Tri-State Area: Snow Expected On Friday Morning

Friday , it will be mostly sunny with a high near 44, the weather service said, and a northeast wind of 9 to 11 miles per hour. Mountain passes both west and east of the divide will see periods of sno...

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Three things to expect from the European Central Bank monetary policy decision — European Central Bank meeting

Three things to expect from the European Central Bank monetary policy decision — European Central Bank meeting

These include - within weeks - the Dutch and French elections and the first meeting of G20 finance leaders since U.S. President Donald Trump took office. "In addition, we now expect the deposit rate t...

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New Statue Challenges Wall Street's Charging Bull

New Statue Challenges Wall Street's Charging Bull

Kristen Visbal, the statue's sculptor, told the Wall Street Journal she considered having the girl charging the bull, but instead decided to make them simply face one another. SSGA's initiative to i...

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BC to welcome ride-hailing companies by December 2017

BC to welcome ride-hailing companies by December 2017

Transportation Minister Todd Stone says the provincial government will use the next nine months to consider all of the pros and cons, including passenger safety. Meggs was also critical of the provi...

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Disconnect between stock market and economy, OECD warns

Disconnect between stock market and economy, OECD warns

But looking out to 2018, the OECD expects Canada's economy will grow 2.2 per cent, a small decrease from the November outlook of 2.3 per cent. In its interim economic outlook , published today, the...

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Why Dicks Sporting Goods Inc(NYSE: DKS) stock is falling

Why Dicks Sporting Goods Inc(NYSE: DKS) stock is falling

The UBS note said fears of Amazon and other ecommerce players slowing Dick's sales growth are overblown and rates the stock a buy with a 12-month price target of $63. Merged same store sales raised 5....

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Hunter Harrison Officially Becomes Next CSX Corporation's (CSX) CEO: Oppenheimer

Hunter Harrison Officially Becomes Next CSX Corporation's (CSX) CEO: Oppenheimer

The board seeks shareholder input on repayment of $84 million of benefits Harrison forfeited by leaving his previous gig as CEO of Canadian Pacific in order to approach CSX . Mantle Ridge LP, a new...

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