Markets
Amazon to Buy Whole Foods For $13.7 Billion in Cash
Walmart , which has the largest share of the USA food market, has been working on lowering prices, while Target has been struggling to turn around its grocery business. Adrienne Anderson, at a Whole Foods in Savannah, Georgia, says she shops at Whole Foods nearly exclusively for meat and fresh produce "because of the quality and selection" and because fruits and vegetables are locally sour... [Full Article...]
Large majority for Macron in French parliament
Marine Le Pen , leader of the far-right Front National , won one seat in the parliament for the first time. There was a low turn-out in the second round, with a record of around 43%. But it also means that Macron has the requisite mandate to push through reforms to overhaul the burdensome French welfare state - to actually revamp the ancien régime. [Full Article...]
Rosatom agrees on nuclear cooperation with Korean Doosan
The case was first brought in October 2015, when Earthlife Africa Johannesburg and the Southern African Faith Communities' Environment Institute argued that former Energy Minister Tina Joemat-Pettersen had not consulted the public nor Parliament before deciding to procure 9.6 gigawatts of nuclear power . [Full Article...]
Markets show little reaction to rate increase
Bloomberg poll revealed that only 5 of 100 economists surveyed expected the FED to maintain the interest rate in the prior range of 0.75-1 percent. The caps will increase every three months by US$6 billion for Treasuries until they reach US$30 billion and US$4 billion for MBS until they reach $20 billion. [Full Article...]
NMC Health (LON:NMC) Analyst Target Changes
It operates in two business divisions: Underground Mining Machinery and Surface Mining Equipment (Surface). It is negative, as 0 investors sold Schroders plc shares while 7 reduced holdings. Moreover, Millennium Management Lc has 0.01% invested in Centrica PLC (LON:CNA) for 153,287 shares. The rating was maintained by JP Morgan on Monday, January 4 with "Underweight". [Full Article...]
American Airlines 'puzzled' by Qatar investment approach
Buying more than 4.75% would require the approval of American's board. The company's board did not receive any written request from Qatar Airways, American added. American and Qatar are already members of the Oneworld marketing alliance, which allows passengers to earn and redeem points on each other's flights. [Full Article...]
Now you have another reason to tip your Uber driver
Scott Gerber, chief executive of CommunityCo, a professional community-building network, said in a phone interview that Uber's trajectory looked good - but even a company still leading in its industry has to "figure out how to remain dominant while maintaining customer value", he noted. [Full Article...]
CEO of Uber: Resignation
Travis Kalanick was one of the main founders of Uber in 2009 and his departure was caused by a multitude of pressures within the company and personal difficulties. Investors are also calling on Uber to hurry up and hire a chief financial officer - a position that's been vacant since 2015. Uber is still burning hundreds of millions of dollars every quarter and relies on fresh infusions of capi... [Full Article...]
Tesla reportedly wants to create its own music streaming service
The high-end carmaker, which already has a tie-up with streaming leader Spotify in some worldwide markets, said it was aiming at ways to please drivers. According to people familiar with the matter, the talks are part of larger negotiations to revise Apple's relationship with the music industry overall, and cover not only the Apple Music streaming service, but also content available for sale o... [Full Article...]
All US banks pass Dodd-Frank stress tests
The testimony by the regulators at the five agencies comes less than two weeks after the Trump administration unveiled a 150-page report on how regulators and Congress could address regulations that they claim crimp banks' ability to lend and stifle economic growth. [Full Article...]
Levels in Review For CBG Capital Ltd
Therefore 75% are positive. Peel Hunt maintained it with "Hold" rating and GBX 360 target in Wednesday, May 3 report. Heron Therapeutics had 13 analyst reports since August 3, 2015 according to SRatingsIntel. 11,400 were reported by Tudor Et Al. Among 9 analysts covering Northgate PLC ( LON:NTG ), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 59% are positive. [Full Article...]
European Union confirms rollover of Russian Federation sanctions
Tusk said terrorism, "which is still a major threat", was the first topic the leaders discussed at the ongoing two-day summit, Xinhua news agency reported. "So, who knows?", said Tusk, citing Lennon's "Imagine". Belgian Prime Minister Charles Michel, however, said the will of the British people who voted in a June 2016 referendum to leave the bloc had to be respected. [Full Article...]
Leo Varadkar formally elected as Ireland's new Taoiseach
In his inaugural speech to the Dáil , Varadkar promised that his government would be one of the "new European centre", thus firmly positioning Ireland's future as part of the EU. He secured 57 votes to 50, with 47 abstentions, reports from Dublin said. In 2015 , Varadkar said his sexuality, like his ethnicity, "is not something that defines me". [Full Article...]
Family declines autopsy for USA student released by North Korea
He was brought back to the United States last week with brain damage, in what doctors described as state of " unresponsive wakefulness ", and died on Monday . The U.S. government accuses North Korea of using such detainees as political pawns. Warmbier had arrived back in the USA in a state of "unresponsive wakefulness", having suffered a "severe neurological injury" of unknown cause. [Full Article...]
Donald Trump sued over global business ties
Since then, his son, Eric Trump , has said there will be regular meetings with President Trump to update him on how the businesses are doing. To avoid conflicts of interest, Trump had promised in January to put his business assets in a trust, which his two sons would manage. [Full Article...]
Uber finally admits tipping isn't an inconvenience, tests it in 3 cities
Alphabet Inc ( NASDAQ:GOOGL ) subsidiary Waymo just dropped a bombshell of a filing in federal court that seems to provide new evidence of ridesharing giant Uber violating its proprietary company trade secrets. It's absurd that it's taken this long, but Uber is finally launching an option for tipping drivers within its app. Beyond tipping, drivers can expect to be paid for waiting more than tw... [Full Article...]
Trump Asked Intel Chiefs to Say There Was No Collusion With Russia
Two of the top USA intelligence officials have told special counsel Robert Mueller and Senate investigators that President Donald Trump asked them to publicly disprove claims that his campaign colluded with Russian Federation. However, the officials chose to not heed the President's alleged order and testified honestly instead. They simply refused to answer, which speaks volumes. [Full Article...]
Q4 Sentiment Celgene Corp (NASDAQ:CELG)
Stock investors bought 1,785 call options on the company. On average, analysts expect that Celgene Corporation will post $7.29 earnings per share for the current fiscal year. CASEY MICHAEL D sold $911,625 worth of stock or 7,500 shares. $575,038 worth of Celgene Corporation (NASDAQ:CELG) was sold by VESSEY RUPERT on Thursday, June 15. [Full Article...]
Mourners Gather for Funeral of Student Detained in N Korea
He said North Korea's treatment of Otto demonstrated "a basic disregard for human rights, for human dignity". "It's worth a forceful response". The Trump administration is considering banning travel by USA citizens to North Korea, officials said Tuesday, and Trump declared Warmbier's treatment a "total disgrace". [Full Article...]
Wall Street closes lower as oil prices dive sharply
Markets and investors will closely watch the weekly change in USA crude oil stocks and production levels, to be announced by the Energy Information Administration (EIA). On the opposite end was homebuilder Lennar, which rose $1.13, or 2.1 per cent, to $53.87 after reporting stronger revenue and earnings for the latest quarter than analysts expected. [Full Article...]