Markets

Tax dollars should not be going to Planned Parenthood

Tax dollars should not be going to Planned Parenthood Litigation could take years. A panel of the U.S. Court of Appeals for the Ninth Circuit on Wednesday rejected a bid by anti-abortion activists to block a fraud and racketeering suit by Planned Parenthood in a case centered on secretly recorded videos. [Full Article...]

Tesla driver issued citation after crash involving 'autopilot' technology

Tesla driver issued citation after crash involving 'autopilot' technology According to local media, police said the woman at the wheel of the auto claimed it was in a self-driving mode and that her attention was on her phone. The Autopilot system includes visual and audio warnings to drivers when they remove their hands from the wheel. "Tesla has always been clear that Autopilot doesn't make the vehicle impervious to all accidents". [Full Article...]

What Seattle 'head tax' will cost Amazon

What Seattle 'head tax' will cost Amazon Seattle's city council voted for a new tax on large employers in the city. They called it a tax on jobs and questioned whether city officials were spending current resources effectively. It's a company, after all, that paid zero dollars in federal income taxes on $5.6 billion in revenue a year ago. But as the big Seattle companies, which are among the biggest in the USA and the world, are cri... [Full Article...]

Iran FM Meets Mogherini as Part of Efforts to Save Nuclear Deal

Iran FM Meets Mogherini as Part of Efforts to Save Nuclear Deal French President Emmanuel Macron held phone talks with his Russian counterpart Vladimir Putin on Tuesday, and the Kremlin said they had "confirmed Russia and France's commitment to make the deal work". "I'm hopeful in the days and weeks ahead we can come up with a deal that really works, that really protects the world from Iranian bad behavior, not just their nuclear program, but their missi... [Full Article...]

Nick Cave And Warren Ellis Scoring HBO's The Case Against Adnan Syed

Nick Cave And Warren Ellis Scoring HBO's The Case Against Adnan Syed No release date has been set but it will air on Sky Atlantic in the United Kingdom and HBO in the U.S. The series will re-examine the events that led up to Lee's 1999 murder and Sky says the series will present "ground-breaking revelations that challenge the state's case". [Full Article...]

PNB scam: CBI names Mehul Choksi as 'wanted'

PNB scam: CBI names Mehul Choksi as 'wanted' They were all arrested along with Gokulnath Shetty in this case and are now in judicial custody. Incidentally, BDO India LLP, the firm engaged by PNB to conduct a forensic investigation into the fraud committed by Modi and his companies, has also shared its findings with the United States bankruptcy court. [Full Article...]

ITC Q4 net profit up 10% on year at Rs 2933 crore

ITC Q4 net profit up 10% on year at Rs 2933 crore The Kolkata-headquartered company saw its revenue from total FMCG business, including cigarettes, dive to Rs 7,988.27 crore during the quarter, down from Rs 11,840.70 crore in the corresponding quarter of the last fiscal. 3,051.82 crore. Puri, who was previously a wholetime director, was elevated to the post of the chief executive officer after Y.C. Deveshwar left the executive position. [Full Article...]

JSW Steel posts record quarterly profit

JSW Steel posts record quarterly profit In the same quarter past year, Tata Steel booked charges of Rs 4,069 crore, including curtailment charges relating to the closure of Tata Steel Europe's pension scheme. Tata Steel has tied up a debt of Rs 17,000 crore to acquire Bhushan Steel Ltd and plans to pump Rs 18,000 crore as equity for the Rs 35,200 crore asset. [Full Article...]

Following the Numbers: Technical Watch on Shares of Epizyme Inc (EPZM)

Copies of the preliminary prospectus supplement and accompanying prospectus related to the offering may be obtained, when available, by contacting JMP Securities LLC, 600 Montgomery Street, 10th Floor, San Francisco, CA 94111, Attention: Prospectus Department, or by calling (415) 835-8985. [Full Article...]

Ford to Resume F-150, Super Duty Vehicle Production Within Days

Ford to Resume F-150, Super Duty Vehicle Production Within Days After pausing production of the Ford F-150 last week , Ford has announced that production will resume this Friday at its Dearborn Truck Plant. The fire on May 2 at Meridian Lightweight Technologies' facility in Easton Rapids, Mich. The automaker also flew one die weighing 87,000 pounds to a Meridian plant in Nottingham, England, after commissioning a giant Russian-built Antonov cargo plane, one... [Full Article...]

Coinbase adds products, services to attract institutional investors

Coinbase adds products, services to attract institutional investors Coinbase is also making a huge investment in Chicago for the creation of a new engineering office there. The list of partners so far includes names such as Boost VC and Walden Bridge Capital. The Chicago Coinbase office is reported to have six employees on staff, according to the Chicago Tribune . While Coinbase has said it doesn't consider tokens on its exchanges to be securities, the regu... [Full Article...]

Transport Aircraft Market 2018 - Lockheed Martin, Bombardier Company, Embraer, Boeing, Airbus

Transport Aircraft Market 2018 - Lockheed Martin, Bombardier Company, Embraer, Boeing, Airbus The Aircraft Systems market CAGR rate may increment by huge percent over the forecast frame 2018-2023. Geographically , this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of High Frequency Spindle in these regions, from 2012 to 2022 (forecast), covering North America, Europe , China, Japan, Southeast... [Full Article...]

Sanllehi hands Arsenal inside-running in race for Nice star Seri

Sanllehi hands Arsenal inside-running in race for Nice star Seri Seri has been an integral part of the Nice team over the past couple of seasons to attract interest from a number of top European clubs. But, a move would subsequently fail to materialise as Nice kept hold of him. With the likes of Ross Barkley and Danny Drinkwater struggling to adjust to life at Stamford Bridge, the need to bolster midfield is urgent for the deposed champions, and Seri could i... [Full Article...]

French oil firm Total says it may discontinue project in Iran

French oil firm Total says it may discontinue project in Iran In a statement, Total said it "will have to unwind all related operations" before November 4, unless it's granted a specific waiver by USA authorities that would protect it against sanctions. But big European companies simply aren't willing to take the risk of continuing to invest and operate in Iran. Companies caught violating sanctions could be cut off from the United States financial system a... [Full Article...]

BT Plus will grant you unlimited mobile data when your Wi-Fi goes down

BT Plus will grant you unlimited mobile data when your Wi-Fi goes down BT will also be launching a new " Keep Connected Promise " where customers experiencing broadband outages will either have their BT Mobile 4G data allowances boosted to unlimited , ensuring they can stay online, or be sent a new 4G Wi-Fi Mini Hub with unlimited data so they can carry on surfing and streaming while their service is repaired. [Full Article...]

Will Meghan Markle's father skip the royal wedding?

Will Meghan Markle's father skip the royal wedding? The American TV actress' family has been in the news for their controversial statements about the bride-to-be. And what's more: He was going to walk Meghan down the aisle . Harry and Markle have invited 600 guests to the wedding, which will be followed by a gala reception hosted by the queen . Royal toddlers Prince George and Princess Charlotte will lead a crew of 10 bridesmaids and page... [Full Article...]

Traders Look To Replace Iranian Crude Oil As Sanctions Loom Again

Traders Look To Replace Iranian Crude Oil As Sanctions Loom Again The U.S. withdrawal is not expected to trigger any snap-back of EU, UN or other non-U.S. sanctions in Iran. As much as $33 billion in payments were made. But analysts estimate Iranian oil production could drop by between 300,000 and 1 million barrels per day from about 3.8 million bpd. Outside OPEC, soaring USA crude oil production could help to fill Iran's supply gap. [Full Article...]

Macy's Inc Stock Surges on Strong Q1 Earnings Beat

Macy's Inc Stock Surges on Strong Q1 Earnings Beat Macy's had a return on equity of 24.93% and a net margin of 6.23%. The company had revenue of $8.67 billion during the quarter, compared to analysts' expectations of $8.70 billion. Insiders sold 107,392 shares of company stock valued at $3,173,164 over the last quarter. Advisory Services Network LLC raised its position in Macy's by 18.1% during the fourth quarter. [Full Article...]

Lachlan Murdoch set to become chairman and CEO of 'New Fox'

Lachlan Murdoch set to become chairman and CEO of 'New Fox' Fox Entertainment Group chairmen and CEOs Dana Walden and Gary Newman are in advanced negotiations for a one-year contract extension to steer the division until the sale is finalized, sources say. Fox is now trying to sell off $52 billion of TV and entertainment assets, and once the deal is finalized, the resulting company will be lead by Rupert Murdoch and his son. [Full Article...]

Pompeo reaches out to European counterparts amid Iran tensions

Pompeo reaches out to European counterparts amid Iran tensions White House National Security adviser John Bolton on Sunday said U.S. sanctions on European companies that do business with Iran were "possible, but Secretary of State Mike Pompeo said he remained hopeful Washington and its allies could strike a new nuclear deal with Tehran". [Full Article...]


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