Markets

Uber replaces top executive and questions fate of company

Uber replaces top executive and questions fate of company The ultimate responsibility, for where we've gotten and how we've gotten here rests on my shoulders. The statement was included in Uber's note announcing new policies that are meant to help it fight sexual harassment and change a corporate culture that's been blamed for allowing workplace misconduct to flourish. [Full Article...]

Otto Warmbier: North Korea to release imprisoned American university student

Otto Warmbier: North Korea to release imprisoned American university student Tillerson added that discussions are still ongoing with North Korea "regarding three other US citizens reported detained". He was heavily criticized in the U.S. But efforts to convince North Korea to release the men now held had not been successful until Warmbier's release Tuesday. Over the last 18 months, they have had to endure more than any family should have to bear. [Full Article...]

Golden State Warriors defeat Cleveland Cavaliers to win the National Basketball Association title

Golden State Warriors defeat Cleveland Cavaliers to win the National Basketball Association title After missing their shot at a 16-0 playoff record, they returned to Oracle Arena and finally secured the clinching victory they couldn't pull off after winning three games against the Cleveland Cavaliers in last year's NBA Finals . James turned heads during the post-game press conference when he said , "I don't believe I've played for a superteam". Every single day demanding more out of himsel... [Full Article...]

Verizon takes over Yahoo to complete $4.5 billion deal

Verizon takes over Yahoo to complete $4.5 billion deal Former Yahoo president and CEO, Marissa Mayer, has stepped down. Last May , Verizon announced plans to buy Yahoo's core Internet business. Altaba will essentially be a holding company for the 15-percent stake Yahoo owns in Alibaba, its 35.5-percent ownership stake of Yahoo Japan, as well as patents and some other investments. [Full Article...]

San Francisco federal appeals court upholds block on Trump's travel ban

San Francisco federal appeals court upholds block on Trump's travel ban But the Ninth Circuit vacated portions of the injunction that prevented the government from conducting internal reviews of its vetting procedures. The president then rewrote his executive order rather than appeal to the U.S. Another federal appeals court has upheld a decision blocking President Donald Trump's revised travel ban . President Trump's administration has appealed that ruling to ... [Full Article...]

House, Senate investigators request for Trump tapes, Comey memos

Trump declined to say whether recordings of his conversations with Comey exist, saying he would have more to say on the matter soon. Comey also said that he believed the president had fired him because of the Russian Federation probe, told "lies" about his record at the bureau and sought to redirect the probe away from former national security adviser Michael Flynn. [Full Article...]

What Next for Charles Schwab Corp (SCHW) After Forming Wedge Down Pattern?

CKW Financial Group now owns 5,300 shares of the financial services provider's stock valued at $167,000 after buying an additional 300 shares in the last quarter. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Citigroup maintained Charles Schwab Corp (NYSE: SCHW ) rating on Friday, April 15. [Full Article...]

UK PM's Brexit plan has not changed, her spokesman says

But with only 10 days to go until divorce talks with Europe are due to begin, that decision was exposed as a humiliating blunder early Friday. Prime Minister Theresa May triggered Article 50 in March, which kickstarted the official two year period where Britain has to negotiate its deal to leave the EU. [Full Article...]

(FR) is unchanged at $30.04 First Industrial Realty Trust, Inc….

(FR) is unchanged at $30.04 First Industrial Realty Trust, Inc…. Ltd. now owns 37,200 shares of the real estate investment trust's stock valued at $340,000 after buying an additional 800 shares in the last quarter. Bank Of America De owns 9.84 million shares or 0.21% of their United States portfolio. Barclays Capital maintained the stock with "Overweight" rating in Friday , August 12 report. The firm earned "Hold" rating on Tuesday, July 19 by Jefferies. [Full Article...]

Major US Banks Unveil Zelle, A New Money Transfer Service

Major US Banks Unveil Zelle, A New Money Transfer Service While many lenders routinely tout a range of new initiatives and ambitions regarding disruptive technology or other innovation, the future may be here sooner than many skeptics think, as Zelle will soon be made available across upwards of 86 million mobile-banking accounts, according to a recent Bloomberg report. [Full Article...]

Apple and Coherus tumble while General Electric jumps

Apple and Coherus tumble while General Electric jumps The 61-year-old Immelt will stay on as chairman until his retirement from the position at the end of the year, with the 55-year-old Flannery stepping into the role after that. The same amount invested in the S&P 500 index would be worth $3,206 today. Energy and phone companies , which have lagged the market, rose. Under Immelt's 16-year reign, shares of the industrial conglomerate have been... [Full Article...]

NBA players react to Warriors winning first NBA Finals with Kevin Durant

NBA players react to Warriors winning first NBA Finals with Kevin Durant Durant, a former MVP and future hall of famer, gets his first title in his 10 season as the newest addition to the Warriors roster. He scored 39 points in a fast-and-furious, Finals-clinching 129-120 victory over LeBron James and the Cleveland Cavaliers . [Full Article...]

Coca-Cola European Partners PLC (CCE) Shares Sold by Nisa Investment Advisors LLC

Finally, Morningstar, Inc. reissued a "neutral" rating on shares of Coca-Cola Company (The) in a research note on Monday, May 29th. Lazard Asset Management LLC now owns 24,472,033 shares of the company's stock valued at $1,038,591,000 after buying an additional 6,500,970 shares during the period. [Full Article...]

Sarfraz Ahmed concerned with 'soft dismissals' ahead of England clash

Malinga, Lakmal and Perera got one each. He can bat and bowl, he is a good batsman and we were confident when he was there. "We know that realistically England are playing unbelievably well". The experts of cricket would have never expected Pakistan will reach the semi-final but they surprise everyone with their brilliant performance. Fakhar blasted eight boundaries and one six to score hi... [Full Article...]

RBI actively working on NPA resolution, action soon: Jaitley

Reserve Bank of India has said that it has identified 12 accounts totalling about 25% of the current gross non performing assets (NPAs) of the banking system that would qualify for immediate reference under the Insolvency and Bankruptcy Code , 2016 (IBC). [Full Article...]

Turkey's Erdogan decries isolation of Qatar as 'inhumane', like a 'death penalty'

The premier returned to Pakistan early Tuesday from his one-day visit to Saudi Arabia. "We expect our friends to stand up with us in this unfair, illegal blockade conducted by four countries", the CEO told Al-Jazeera. Turkey's president has criticized the effort by several Arab countries to isolate Qatar over allegations of sponsoring militant groups, comparing the move to a "death penalty" for ... [Full Article...]

Two die in mass food poisoning outbreak at Mosul camp for displaced

Two die in mass food poisoning outbreak at Mosul camp for displaced Rizgar Obed , camp supervisor from the Barzani Charity Foundation, told Rudaw that officials there had originally banned outside organizations from bringing food to the camp, but they changed the regulations because they were "under great pressure". [Full Article...]

Uber fires 20 employees after investigation into complaints

The issues run the gamut from sexual harassment to discrimination, retaliation and other issues. Holder's investigation, which has produced a draft report on Uber's workplace culture that has not been publicly released, led to the discovery of specific cases of alleged sexual harassment. [Full Article...]

Some hope California winner of $447M Powerball helps area

Some hope California winner of $447M Powerball helps area The winning numbers were 20, 26, 32, 38 and 58. "California is one of just three states that exempt lottery winnings from state income taxes-so long as the victor is a state resident who bought the ticket in California", noted Sean Cockerham of the Sacramento Bee in a 2016 report. [Full Article...]

Q3 2018 EPS Estimates for Weatherford International Plc (WFT) Lowered by Analyst

A number of other brokerages have also weighed in on WFT . Weatherford International Plc now has a consensus rating of "Buy" and an average price target of $7.23. AQR Capital Management LLC raised its position in shares of Weatherford International Plc by 409.0% in the fourth quarter. The stock's quarterly performance specifies a shift of -31.01%, and its last twelve month performance is stands... [Full Article...]


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