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Economy

Tyagi also maintained that although Sharad Yadav is not happy with party's decision, there is no rift in the party. "Break the JD (U) legislative party if you have the might.prove a two-thirds majority within the party for breaking it, otherwise your membership will go", Kumar said, throwing a challenge to his detractors, led by Yadav.
  • U.S. consumer prices see modest rise in July

    U.S. consumer prices see modest rise in July

    Economy

    Evans said that "unless the data and the forecast change dramatically" he believed the Fed could wait until December before moving again to boost its benchmark rate, which is now at a still-low level of 1 percent to 1.25 percent. In late trading, USA 10-year yields dropped to six-week lows of 2.182 percent after the data, compared with 2.211 percent late Thursday. Weak price pressures this year mean inflation has been well behind where it was over the same period in 2016.
  • Billy Big Rigger! 'Platooning' Self-Driving E-Trucks Next on Tesla's List

    Billy Big Rigger! 'Platooning' Self-Driving E-Trucks Next on Tesla's List

    Economy

    About it it became known to Reuters , familiar with the correspondence between the company and the Department of motor vehicles of Nevada (DMV) about the possibility of road tests. Then, on July 10, Zamani asked the DMV for testing license terms. Self-driving cars, though, have been tested on California roads. It's not surprising to see autonomy on Tesla's trucks.
  • The questions Google's CEO will have to answer today

    The questions Google's CEO will have to answer today

    Economy

    In the original memo , Mr. Damore claimed that certain biological differences between men and women can largely be used to explain the fact that women are underrepresented in the tech segment, a notion that many of his colleagues labeled as misleading and outright discriminatory, while he claimed he has pro-diversity stances and only wants to see Google approach the issue in a more sensible manner.
  • Stock Futures Lower as North Korea Threatens US in Guam

    Stock Futures Lower as North Korea Threatens US in Guam

    Economy

    Stocks are lower at midday as investors weighed the growing tensions between the US and North Korea. The Dow closed down 33 points, at 22,085.34. All three major stock indexes dropped 0.2 per cent at the close, with the Dow Jones Industrial Average finishing at 22,085.34, halting a almost two-week run of closing records.
  • Softbank CEO Says He's Looking at Investing in Both Lyft and Uber

    Softbank CEO Says He's Looking at Investing in Both Lyft and Uber

    Economy

    Last month, a media report said Uber shareholders and its board were mulling a stock sale to SoftBank and other investors. "Whether we decide to partner and invest into Uber or Lyft, I don't know what will be the end result", he told reporters at SoftBank's first-quarter earnings briefing on Monday.
  • German-UK bond yield spread narrows as BoE backs off hike

    German-UK bond yield spread narrows as BoE backs off hike

    Economy

    However, uncertainties over Brexit are putting companies off further investment in the country, he said. 'This overshoot reflects entirely the effects of the referendum-related falls in sterling. "The speed limit, if you will, of the economy has slowed,"he told reporters". This was followed by gross domestic product figures showing growth was limited to 0.3% in the second quarter in what the Office for National Statistics described as a "notable slowdown" for the economy.
  • Ackman seeks board seats, CEO ouster at ADP

    Ackman seeks board seats, CEO ouster at ADP

    Economy

    Everyone's done it: "While I am always praising of you as a person and an intellect if I agree to say something it will be supportive of the company and critical of you". Ackman didn't provide names of his other potential nominees, other than his own, the sources said. Shares in Chipotle , on which Pershing Square spent about $1.17 billion a year ago, are down more than 17 percent since the stake was disclosed.
  • Teva shares dive after Q2 miss

    Teva shares dive after Q2 miss

    Economy

    Oppenheimer Holdings, Inc. set a $43.00 price objective on Teva Pharmaceutical Industries Limited and gave the company a buy rating in a research report on Thursday, April 6th. The company reported $1.02 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.06 by $0.04. The company beat the analyst EPS Estimate with the difference of $0.05.
  • Dramatic Changes In Canadian Families And Languages

    Dramatic Changes In Canadian Families And Languages

    Economy

    In fact, in 15 years, the proportion of couples with at least one child has decreased by 5.6% to reach just above the 50 %. They accounted for 28.2 per cent of all households past year, more than the percentage of couples with children, couples without children, single-parent families , multiple family households, and all other combinations of people living together.
  • Boeing, US Air Force Confirm New Air Force One Negotiations

    Boeing, US Air Force Confirm New Air Force One Negotiations

    Economy

    The irony of this potential deal is the two planes involved were once sold to the bankrupt Russian airline Transaero . The Independent report however also added that "the planes are going to cost quite a bit more than your average Boeing 747-8 - which has a sticker price of $386.8 million - since the U.S.
  • Brazil Factory PMI At 4-month Low

    Brazil Factory PMI At 4-month Low

    Economy

    Inventories of finished goods have dropped in each month since January 2015, with July's contraction marked and similar to June. The construction sector index rose to a three-year high of 62.5 in July, indicating vibrant momentum thanks to a robust pipeline of infrastructure projects.
  • Bitcoin Crosses 50% of Overall Market Cap Ahead of Hard Fork

    Bitcoin Crosses 50% of Overall Market Cap Ahead of Hard Fork

    Economy

    The world's most popular digital currency exchange, Coinbase , is under fire from angry customers over its decision not to support a new version of bitcoin that could also make it vulnerable to "ruinous legal trouble", Fortune cited a prominent legal scholar as saying.
  • Google Gboard now lets you search YouTube videos and Maps

    Google Gboard now lets you search YouTube videos and Maps

    Economy

    The search feature is arguably the keyboard's best feature and the addition of these two services will be welcomed by users mainly due to the convenience of getting results without leaving the app they're using. Just tap on the emoji button followed by the pen icon and get to to work! If you are new to Gboard you will need to first set it up before you can enjoy the features .
  • Zermatt: 'Longest' hanging pedestrian bridge opens in Switzerland

    Zermatt: 'Longest' hanging pedestrian bridge opens in Switzerland

    Economy

    It'll be a tough walk for people afraid of heights on the Europabruecke (Europe Bridge), the world's longest pedestrian suspension bridge at 494m. The trail is considered by many one of the most handsome two-day hikes in the Alps. The new bridge will also cut down the duration of journey across the valley from three to four hours to just 10 minutes, as claimed by Edith Zweifel, a spokesperson of the travel board.
  • Discovery acquires HGTV parent company in $14.6 billion TV deal

    Discovery acquires HGTV parent company in $14.6 billion TV deal

    Economy

    The company has market cap of $10.02 billion. Quantbot Technologies LP now owns 6,622 shares of the company's stock valued at $187,000 after buying an additional 6,039 shares in the last quarter. Those channel owners don't want mere viewers, they want "super-fans" - "people who aren't tuning in because they like you, but are tuning in because they LOVE you", as Zaslav put it on Monday morning.
  • The Mall at UTC is losing Teavana store

    Economy

    Submit your Newswire tips here. The Canadian company has come out strong since its IPO two years ago, with a total of 232 stores in the USA and Canada. Five years ago Starbucks acquired La Boulange bakery and Teavana Holdings, Inc. with the expectation that the companies would allow it to innovate with new products, enter new categories and expand into new channels of distribution.
  • Pace of Economic Growth Jumped in Second Quarter, to 2.6 Percent

    Pace of Economic Growth Jumped in Second Quarter, to 2.6 Percent

    Economy

    Non-residential fixed investment's contribution ticked down to 0.64 percentage points from 0.86 in Q1. But the number isn't almost strong enough to blow those headlines off the front pages. The annual GDP revision, which covered data from 2014 through to the first quarter of 2017, also indicated that the U.S. economy performed worse than previously estimated in 2016.
  • Oil prices soar on falling U.S. inventories

    Oil prices soar on falling U.S. inventories

    Economy

    Oil prices were sitting just below 8-week highs on Thursday, buoyed by hopes that a steeper-than-expected decline in US crude oil inventories will reduce global oversupply. More market watchers are getting upbeat about the market, saying falling USA and European inventories along with still-robust demand from Asia means oil prices should hold up near-term.
  • Voters blame Gov. Cuomo for city's subway troubles, poll finds

    Voters blame Gov. Cuomo for city's subway troubles, poll finds

    Economy

    Cuomo said that "most" of Con Edison's corrective action plan will be completed by the end of 2017, on "a very aggressive timeline", with violations triggering fines from the PSC. De Blasio never tires of pointing out that Cuomo controls the state-run MTA, where the governor appoints the agency's CEO, chairman and five members of its 17-person board.
  • Jailed Volkswagen exec to plead guilty in United States diesel scandal

    Jailed Volkswagen exec to plead guilty in United States diesel scandal

    Economy

    Oliver Schmidt , former manager of a VW engineering office in suburban Detroit, will appear in federal court on August 4. The charges against Mr. Schmidt include conspiracy, wire fraud and violations of the Clean Air Act. The others are in Germany, and nearly all are unlikely to face trials in the United States because Germany does not extradite its citizens. An official of German carmaker Volkswagen , arrested earlier this year in the United States in connection with the " dieselgate " ...
  • Scaramucci, Trump praise Spicer hours after angry resignation

    Scaramucci, Trump praise Spicer hours after angry resignation

    Economy

    Tim Pawlenty's failed 2012 presidential bid. When he accidentally praised Hitler in his official capacity as White House press secretary . Sean Spicer has officially resigned from his role in Trump's Administration and Anthony Scaramucci has been announced as the White House Communications Director.
  • Trump bans USA citizens from visiting North Korea

    Trump bans USA citizens from visiting North Korea

    Economy

    Rodong Sinmun, a mouthpiece for North Korea's ruling Workers' Party, said the South must decide whether it will stick to its sanctions-oriented approach and "submission to the USA", according to Yonhap News Agency. Simon Cockerill of Koryo Tours said the company had also been contacted by the Swedish embassy. The hermit nation this month tested an intercontinental ballistic missile , drawing condemnation from the U.S.
  • Lyft to develop in-house self-driving technology unit

    Lyft to develop in-house self-driving technology unit

    Economy

    The US-exclusive service Lyft announced plans today to launch its own autonomous vehicle division to help work on its open self-driving system. And Lyft will continue to work in tandem with other stakeholders developing self-driving technology through that platform.
  • Independent Oil & Gas PLC (IOG) Rating Reiterated by FinnCap

    Independent Oil & Gas PLC (IOG) Rating Reiterated by FinnCap

    Economy

    Ten investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company's stock. In other Anglo American plc news, insider John Parker bought 62,696 shares of the stock in a transaction that occurred on Tuesday, May 30th. Analysts await Hays plc (LON:HAS) to report earnings on July, 24 before the open.
  • No pressure to deliver: Virat Kohli

    No pressure to deliver: Virat Kohli

    Economy

    It wasn't a while back when India cricket legend Sachin Tendulkar hoped Ravi Shastri applied for the India coach job and try to be the successor to Anil Kumble . Shastri was selected from a pool of five shortlisted candidates who had applied for one of the most glamorous and high-profile jobs in world cricket.