Markets

Search giant appeals €2.4bn fine — Google vs EU

Search giant appeals €2.4bn fine — Google vs EU Alphabet Inc.'s Google on Monday filed an appeal of the European Union's record EUR2.42 billion ($2.91 billion) antitrust fine against the company for allegedly abusing the power of its dominant search engine, setting up a legal battle that could drag on for years. [Full Article...]

SpaceX launches Air Force's super-secret minishuttle

SpaceX launches Air Force's super-secret minishuttle The first OTV mission began April 22, 2010, and concluded December 3, 2010, after 224 days in orbit. On that first flight, it was in orbit for an astonishing 718 days. This was the first time SpaceX has provided a lift for the experimental mini-shuttle. Technologies being tested in the program include advanced guidance, navigation and control, thermal protection systems, avionics, high temper... [Full Article...]

NY, national gas prices may have peaked last week

Gas prices climbed last week during the aftermath of Hurricane Harvey, which cut USA refining capacity, and in anticipation of Hurricane Irma's impact. Hurricane Irma is not expected to affect gasoline prices, but retail effects from the storm that lashed Texas and parts of Louisiana continue, said Patrick DeHaan, senior petroleum analyst for GasBuddy. [Full Article...]

Futures higher as Irma weakens, North Korea tensions ease

Futures higher as Irma weakens, North Korea tensions ease Conditions at the group's high street discount fashion chain Primark, as always, will be the main focus. The S&P 500 dropped 0.2 percent and the Nasdaq Composite shed 0.6 percent while the Dow inched up 0.1 percent. South Korea's benchmark Kospi index tacked on 0.88% as geopolitical tensions eased on the Korean peninsula over the weekend. It added 0.5 percent against its perceived safe-haven count... [Full Article...]

Purchases 40456 Shares of Amazon.com, Inc

Purchases 40456 Shares of Amazon.com, Inc It has underperformed by 20.02% the S&P500. Coldstream Capital Management Inc increased Amazon Com Inc ( AMZN ) stake by 26.41% reported in 2016Q4 SEC filing. Proffitt & Goodson reported 0.37% in Amazon.com, Inc. UBS maintained Amazon.com, Inc. Strs Ohio stated it has 1.25% of its portfolio in Amazon.com, Inc. [Full Article...]

Irma Evacuees Land In Philly As Powerful Hurricane Nears Florida

Irma Evacuees Land In Philly As Powerful Hurricane Nears Florida Is Miami International Airport closing because of Hurricane Irma? Airport leaders also issued a reminder that RSW is not a public shelter. Airport plans to remain open, however many flights are cancelled. Log on to https://www.allegiantair.com/travel-alerts for details going forward. Meanwhile, Alejandra Carriazo from Miami had a flight to Ithaca, New York but it was cancelled. [Full Article...]

Atwood & Palmer Inc. Holds Holdings in Energy Transfer Equity, LP (NYSE:ETE)

Energy Transfer Ptnr now has $21.26 billion valuation. The stock declined 0.54% or $0.1 reaching $18.57 on the news. ILG , Inc . (NASDAQ: ILG ) exchanged hands 1,013,873 shares versus average trading capacity of 968.43K shares, while its relative trading volume is 1.05. [Full Article...]

Irma Forces Largest Evacuation Ever in Miami-Dade County

Irma Forces Largest Evacuation Ever in Miami-Dade County St. Petersburg-Clearwater International Airport closed Friday. Last year, the LSU-Florida game was postponed a month and relocated to Baton Rouge, Louisiana, because of Hurricane Matthew. The massive hurricane that has been barreling through the Caribbean , is expected to run up the east coast of Florida , which would mean tropical storm conditions along the west coast on Sunday. [Full Article...]

Supreme Court asks Jaypee to deposit Rs2,000 crore to protect homebuyers

Supreme Court asks Jaypee to deposit Rs2,000 crore to protect homebuyers Supreme Court has also barred the Managing Director and Directors of Jaypee Infratech and Jaypee Associates from travelling overseas without prior permission of the court. Jaypee Infratech is saddled with a total debt of nearly Rs 8,000 crore. The IBC code allows proceeds from the liquidation of assets to distributed to secured lenders first. [Full Article...]

European leaders seek greater taxes for digital giants

European leaders seek greater taxes for digital giants Tech giants like Google or Amazon might end up paying a lot more tax in Europe , if a new European Union initiative goes through. Now such companies are often taxed on profits booked by subsidiaries in low-tax countries like Ireland even though the revenue originated from other European Union countries. [Full Article...]

Equifax faces suit over data breach

Equifax faces suit over data breach Equifax first discovered the vulnerability in late July, though it chose not to announce it publicly until more than a month later. "Since our data is at risk at all times, the best thing we can do to protect ourselves is to proactively check our bank statements, check our credit card usage and check our credit reports , and I'd recommend that people do that weekly". [Full Article...]

Thierry Henry: PSG must challenge for the Champions League

Thierry Henry: PSG must challenge for the Champions League The Brazilian who has scored four goals this season is expected to play up front alongside Edinson Cavani and Kylian Mbappe. The two teams will meet in the Champions League on Tuesday night, with Celtic the big outsiders despite hosting the fixture. [Full Article...]

Turquoise Hill Resources Ltd. O (NYSE:TRQ) Trading Volume Significantly Higher

Turquoise Hill Resources Ltd. O (NYSE:TRQ) Trading Volume Significantly Higher About 1.36M shares traded. Long Island Iced Tea Corp (NASDAQ:LTEA) has declined 41.63% since September 7, 2016 and is downtrending. It has underperformed by 3.88% the S&P500. It is negative, as 140 investors sold MCK shares while 331 reduced holdings. 79 funds opened positions while 153 raised stakes. Its up 4.28% from 12.16 million shares, reported previously. [Full Article...]

South Korea watches for North Korea missile test

But Putin said more sanctions are not an answer and would only cause hardship for the North Korean people. The two leaders agreed to maximize pressure on North Korea using all means at their disposal. Asian stocks tracked Wall Street's slide overnight to slip on Wednesday, while the dollar was on the defensive with tensions in the Korean peninsula showing few signs of abating. [Full Article...]

Putin warns of 'global catastrophe' over North Korea nuclear crisis

Putin warns of 'global catastrophe' over North Korea nuclear crisis President Donald Trump wanted to defuse tensions around North Korea. "There is speculation that there could be an additional provocation of firing an ICBM at a normal angle on [Sept.] 9", Lee told reporters. Seoul has said there will be more live-fire drills this month. New sanctions could also seek to curb tourism to the country. While Moon managed to talk to the leaders of major co... [Full Article...]

Steven King's 'It' Takes in $117.2-M in US

The R-rated horror pic took in $12.3 million in the United Kingdom, accounting for 82% of the market there. "It" earned a fresh rating on Rotten Tomatoes of 87% and a B+ CinemaScore. Other top foreign earners are " Annabelle: Creation " ($8.6 million) and " The Hitman's Bodyguard " ($7.9 million). Rounding out the top five was The Weinstein Company's Wind River with $3.2 million from 2,890 t... [Full Article...]

Jaypee needs to Deposit ₹2000 crore

Jaypee needs to Deposit ₹2000 crore Following this, A bench of Chief Justice Dipak Misra and Justices A M Khanwilkar and D Y Chandrachud has asked the company associates to submit a plan on how they will protect homebuyers' interest. It said all those involved in insolvency proceedings except IDBI, ICICI and SBI banks will not leave the country. Some flat buyers then approached the Supreme Court , seeking protection of the inte... [Full Article...]

Petra Diamonds market value falls after Tanzania seizes $15m shipment

Petra Diamonds market value falls after Tanzania seizes $15m shipment In a statement , the company said: "Petra confirms that a parcel of diamonds (71,654.45 carats) from the Williamson mine in Tanzania has been blocked from export to Petra's marketing office in Antwerp and certain key personnel from Williamson are now being questioned by the authorities". [Full Article...]

Bitcoin Falls After Report Claims China Orders Exchanges to Shut

Bitcoin Falls After Report Claims China Orders Exchanges to Shut On September 4, China's Central Bank banned ICOs (Initial Coin Offerings) citing that ICOs have "seriously disrupted the economic and financial order". Officials said they don't plan to shut down cryptocurrency trading, but merely regulate it. However, regulators started taking a closer look at the industry in January this year and have since rolled out a series of rules for the industry inclu... [Full Article...]

Tesla Unlocks Additional Range For Some Florida Vehicles To Escape Irma

Tesla Unlocks Additional Range For Some Florida Vehicles To Escape Irma Tesla has issued a free temporary software update that unlocks additional battery power for Tesla auto owners looking to evacuate Florida as Hurricane Irma approaches the state. Teslarati reached out to Tesla for comment on the matter and confirmed that the update was actually pushed out for this reason, specifically for owners in hurricane-affected areas. [Full Article...]


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