Money

by | May 15, 2018 | 12:44

The Seattle City Council passed a new tax on big businesses Monday to help address the city's growing homelessness problem, agreeing to a lower rate than initially proposed after complaints from Amazon.com and other city firms. That "head tax" formula is created to raise $45 million to $49 million a year over the five-year life of the tax - down from an original $75 million annually - to build more affordable housing and support services for the homeless.

by | May 15, 2018 | 11:44

Redstone's potential response to the Special Committee's unanimous decision yesterday, May 13, 2018, that the proposed Viacom transaction is not in the best interests of CBS stockholders, ' states the filing. A DE court ruled in 2004 that the Hollinger board could dilute Black's voting control in response to what it considered to be the damage he had done to the company.

by | May 14, 2018 | 22:04

The number of primary school pupil referrals has been slammed by Labour county councillor Danielle Stone as 'absolutely horrifying'. Mental Health Awareness Week - spearheaded by the Mental Health Foundation - runs from today until Sunday.

by | May 14, 2018 | 20:44

This first stage of review may have resulted in the suspension of hundreds of apps but that doesn't mean if all of them actually engaged in data misuse. The exact scale of user information that's been taken and shared by Facebook app devlopers since the platform's inception-made possible by leaky and/or poorly enforced app developer policies-may never be known.

by | May 14, 2018 | 20:35

But drivers appear to be shrugging off those higher costs. "The highest gas prices since 2014 won't keep travelers home this Memorial Day weekend", Albert said. Huntsville- $2.57, up 0.9 cents per gallon from last week's $2.56. But if you're looking for the cheapest gas, there are options out there. The highest was about $2.97 in the Ann Arbor area.

by | May 14, 2018 | 19:59

While Dhar admits that elevated oil prices will incentivise raised U.S. output, potentially capping further gains, he thinks pipeline constraints will likely limit any-near term response from USA producers. The main goal of the supply deal was to reduce excess oil stocks to the five-year average. "NGLs and non-conventional oil, while estimates for OPEC crude production are based on secondary sources", said the cartel.

by | May 14, 2018 | 18:15

Obioma, who is seeking $75,000 damages over the 2016 allegations, said the incident began when she asked the white man to move from a business class seat that had been assigned to her. "We have not yet been served with this suit and due to the pending litigation involved in this matter, we're unable to provide further comment", a spokesman for the airline said in an emailed statement .

by | May 14, 2018 | 13:50

Following the abandoned Fujifilm deal, Xerox now appears likely to go up for sale in an auction, Reuters noted. "Despite our insistence, Fujifilm provided no assurance that it will do so within an acceptable timeframe". Both praised Xerox's decision to pull out of the deal. The company is considering all available options, including filing a claim for compensation. The decision ends a tumultuous and long-running battle between Icahn, Deason and Xerox, and will see to see the departure of ...

by | May 14, 2018 | 12:50

Earlier, SoftBank was the largest stakeholder in Flipkart. This investment, according to an ET report is subject to Softbank being freed from a restrictive clause that does not allow it to invest over $500 million in Paytm Mall , until 2020.

by | May 14, 2018 | 11:10

Police in South Jordan, Utah are investigating if a Tesla Model S crashed into a fire truck while running on autopilot. While the truck driver was not injured in the accident, the Tesla's driver, a 28-year-old female, suffered a broken ankle.

by | May 14, 2018 | 10:23

The United Kingdom-based Troy Asset Management Ltd has invested 10.97% in the stock. Beach Investment Management LLC. purchased a new stake in shares of The Coca-Cola during the second quarter worth approximately $736,000. As per Tuesday, March 27, the company rating was downgraded by Jefferies. Ratings analysis reveals 42% of Coca-Cola's analysts are positive. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have given a ...

by | May 14, 2018 | 09:57

The price of petrol has been hiked by 17 paisa per litre, while that of diesel by 23 paisa per litre. Petrol price was seen at Rs 74.80 per litre, the highest since September 2013, and diesel was seen at Rs 66.14 per litre. The idea of daily revision was to link it with continuous change in global crude oil price, however, that is now not on the table as the price has soared to over $76 per barrel mark which is highest since 2014 and no intervention from OMCs has been forthcoming.

by | May 14, 2018 | 09:31

Chili's restaurant chain is the latest company to suffer a data breach. - Chili's Grill & Bar (@Chilis) May 12, 2018Brinker International said it is launching a probe to find out more information about the incident. Preliminary investigation indicates that malware was used to gather payment card information including credit or debit card numbers as well as cardholder names from Chili's payment-related systems for in-restaurant purchases.

by | May 14, 2018 | 04:20

China is positioned to be a chief beneficiary of the U.S. decision to withdraw from the Iran nuclear deal as it would give China leverage to demand oil imports be priced in yuan, several currency experts said on Thursday. His office agrees with Cotton, that the deal had several flaws, "including the fact that Iran was not required to destroy a single centrifuge and that adequate verification measures were sorely lacking".

by | May 13, 2018 | 22:08

Ford stocks were down marginally in after hours trade, in £11.19. "We're confident that any impacts will be short term", stated Joe Hinrichs, president of Ford global operations. Ford could restart production of F-Series pickups as soon as May 18 at two factories that stopped making trucks due to a fire at a parts supplier plant.

by | May 13, 2018 | 20:33

The strategy is expected to add more than 15,000 jobs by 2025 and contribute an additional 1 per cent to GDP per year, it added. He further highlighted the attractive investment opportunities in the Petroleum and Natural Gas and Skill Development sectors in India and also extended an invitation to the business community in the UAE for greater collaborations and increased investments in India.

by | May 13, 2018 | 18:55

The announcement by the fourth-largest wireless equipment maker in the country comes amid an escalating trade battle between the US and China. The legislation would bar the USA government or contractors from purchasing telecommunications equipment or services Huawei Technologies Co Ltd and ZTE Corp, Chinese companies that are among the world's major telecommunications equipment manufacturers.

by | May 13, 2018 | 18:35

Iran had been able to safeguard its oil industry against such threats over the past few years, Zangeneh was quoted as saying by Xinhua news agency. Major companies that could take a hit because of United States sanctions on Iran are France-based Total, Airbus, and Accor, Germ-any-based Volkswagen, Spain's Melia and US-based Boeing and GE.

by | May 13, 2018 | 18:11

This measurement is based on closing prices over a specific period of time. Moving averages are considered to be lagging indicators meaning that they confirm trends. Following multiple time frames using moving averages can help investors figure out where the stock has been and help determine where it may be possibly going.

by | May 13, 2018 | 18:01

Therefore 75% are positive. They presently have a GBX 1,000 ($13.56) price target on the stock. Numis Securities now has a GBX 62 ($0.84) price objective on the stock, down from their prior price objective of GBX 80 ($1.09). Credit Suisse Group reissued an "underperform" rating and set a GBX 330 ($4.48) target price on shares of Auto Trader Group in a research note on Monday, February 26th.

by | May 13, 2018 | 17:51

Earlier this week, the company said it had been contacted late a year ago about Cohen by the office of Robert S. Mueller III, the special counsel investigating Russian meddling in the 2016 election and other matters. Clifford claims that she had an affair with Trump in 2006, and was paid $130,000 by Trump's attorney and fixer Michael Cohen to stay silent. Mr. Trump has denied the sexual encounter.

by | May 13, 2018 | 17:50

Both Azhar and Imam would depart for single figures, the former to a back-of-a-length delivery from Boyd Rankin - the only Irish player with previous Test experience with England - before Imam was trapped in front by Tim Murtagh from the very next ball.

by | May 13, 2018 | 15:51

On Tuesday, March 13 Peel Hunt maintained Goals Soccer Centres plc (LON:GOAL) rating. On Monday, March 5 the firm has "Add" rating given by Peel Hunt. 41 investors sold all, 90 reduced holdings as Patisserie Holdings plc ratio turned negative. 36 funds opened positions while 46 raised stakes. Moreover, Alliancebernstein L P has 0% invested in President Energy Plc (LON:PPC) for 27,769 shs.

by | May 13, 2018 | 15:37

The agency was tasked with conducting inspections to verify if Iran is complying with the terms set down by the deal. The United States covers about a quarter of the regular budget and has volunteered an additional $US3 million for Iran inspections since 2015, the USA official said.

by | May 13, 2018 | 15:37

Levels above -20 may indicate the stock may be considered is overbought. When the trend is absent or the market is volatile, this system generates a lot of incorrect signals. Currently, the 7-day moving average is sitting at 630.53. The percentage of stocks meeting price targets is 55%. The Index has been developed by MSCI Inc as an equity benchmark for its worldwide stock performance.

by | May 13, 2018 | 15:08

There are several situations under which the agreement can be terminated: the failure to win regulatory approval from the Competition Commission of India; material adverse change in Flipkart's business; inaccuracy of representations and warranties, and performance of covenants; and governmental or shareholder litigation challenging either of the share issuance or secondary share purchase transactions.

by | May 13, 2018 | 15:06

Davis bourne, board chairman of Harvest Hope, says it's an easy way to help those in need. Dean Crisman has worked at the post office for 22 years, and says he's happy to deliver mail, food, and smiles to families. The Stamp Out Hunger Food Drive is the second largest food drive of the year for McLennan County. "They have taken of their time to help us move the donated food from the Post Office", she said.

by | May 12, 2018 | 05:19

While technology companies helped drive the market higher, energy sector stocks racked up the biggest gain as crude oil prices rebounded a day after the Trump administration moved to withdraw the US from a 2015 nuclear accord with Iran and reinstate sanctions on the country.

by | May 12, 2018 | 04:16

One of the robocall companies, which sells timeshares among other things, was hit with a $120 million fine. Pai added that while Abramovich has said he had "no intent.to defraud, cause harm or wrongfully obtain anything of value", the commission was not convinced.

by | May 12, 2018 | 03:35

Notley confirmed that, like Saskatchewan, her province will seek status in the case. Robertson's comments "show a tremendous inability to look beyond the most local of borders", Notley said. Documents uncovered by National Observer have led to a motion filed by lawyers for the Tsleil-Waututh Nation in that case, arguing that the government has been sitting on evidence.

by | May 12, 2018 | 02:48

Depart.EU had been handed the utmost fantastic attainable by the Electoral Fee after an investigation into how the group was funded. However, the commission found no evidence that Leave.EU had received any donations or worked with Cambridge Analytica , which this month announced it was closing after the fallout from allegations that personal data from millions of people had been harvested.

by | May 12, 2018 | 02:40

MI was struggling at 62/2 after 9 overs. Stay tuned for the final score, match results , man of the match details, highlights of Mumbai vs Kolkata match which will be updated here. KKR slipped a rung to the fifth spot after a crushing 102-run defeat to MI at the Eden Gardens, here, on Wednesday night, days after MI continued its dominance over the purple brigade with a 13-run triumph at home.

by | May 12, 2018 | 02:29

The company has market cap of $12.28 billion. The Consumer Digital Safety segment provides Norton-branded services that provide multi-layer security services across desktop and mobile operating systems, public Wi-Fi connections, and home networks to defend against online threats to individuals, families, and small businesses.

by | May 12, 2018 | 02:28

He and his enterprise partner were detained minutes later. "We want you to be more than". "We don't want anyone at Starbucks to feel as if we are not giving access to you to the bathroom because you are less than", Starbucks chairman Howard Schultz said on Thursday at the Atlantic Council.

by | May 12, 2018 | 02:22

On Twitter, Musk also said that the company has already started digging a tunnel between DC and NY and plans to start on a route between LA and San Francisco next year. He says that the tunnels will be open to cars, but shuttles carrying pedestrians and cyclists would be prioritized. Musk also disclosed some details about his plans for a full-size Hyperloop transit system connecting USA cities.