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Economy

Bain later said it was working with a "broad list of strategic partners" including Apple , Dell, Kingston and Seagate. It is said to be worth $22 billion. The seller has sued Western Digital for $1 billion for its interference, and the battle is yet unresolved. As part of Wednesday's agreement, Bain agreed to complete a deal regardless of the legal challenges.
  • Rescue efforts continue as Mexico quake death toll reaches 61

    Rescue efforts continue as Mexico quake death toll reaches 61

    Economy

    Mexican President Enrique Pena Nieto , who said the quake was 8.2 in magnitude , called the quake the strongest the country has seen in a century. "We are assessing the damage, which will probably take hours, if not days", said Mexican President Enrique Peña Nieto , in an address to the nation about two hours after the quake.
  • Piyush Goyal becomes new Railway Minister; Arun Jailtey to retain Defence, Finance

    Piyush Goyal becomes new Railway Minister; Arun Jailtey to retain Defence, Finance

    Economy

    In what may be called as a farewell message, Railway Minister Suresh Prabhu, who is expected to lose the portfolio, today thanked the rail family for their support. "My colleagues and I will continue to run on those tracks", Goyal said. Pradhan was given the additional charge of Skill Development Ministry. The exit of Prabhu from the railways came after last months Muzaffarnagar train accident that claimed 23 lives.
  • Duke and Duchess of Cambridge expecting their third child

    Economy

    An Australian Monarchists spokesman said the league was delighted by the announcement and sent their "warm greetings and congratulations" to the royal couple. When asked on a royal tour in Singapore in 2012 about how many children he wanted, William said he was "thinking about having two". Closer Weekly previously reported that she was rushed to hospital several weeks ago for an unknown reason, and was released the following day.
  • All-time record high temperature broken in San Francisco

    All-time record high temperature broken in San Francisco

    Economy

    The National Weather Service says the temperature in San Francisco reached 94 degrees even before noon Saturday, setting the heat record for September 2. In addition, the Oregon Department of Environmental Quality has extended the current Air Quality Alert until further notice, meaning wildfire smoke will continue to pour into the southwest part of the state.
  • How Analysts Rated John Wood Group PLC (LON:WG) Last Week?

    How Analysts Rated John Wood Group PLC (LON:WG) Last Week?

    Economy

    The firm has "Hold" rating by Deutsche Bank given on Monday, May 22. Peel Hunt maintained it with "Buy" rating and GBX 450 target in Friday, September 16 report. Costain Group PLC is a technology-based engineering solutions provider. The company has market cap of 34.33 billion GBP. The Firm offers consulting, project delivery, and activities and maintenance services.
  • German authorities prepare to dispose of WWII bomb

    German authorities prepare to dispose of WWII bomb

    Economy

    Around 60,000 people were forced to leave their homes while authorities defuse a massive World War II bomb discovered buried at a construction site. "The situation is relaxed which is a good sign and everything so far is going according to plan". The brigade's director, Reinhard Ries, told reporters: "The scale of this bomb is overwhelming".
  • UARB to use interrupter clause to raise gas prices again

    UARB to use interrupter clause to raise gas prices again

    Economy

    Marie, Thunder Bay, and Timmins have been reporting the highest gas prices, in the range of 131.9 to 133.9 cents per litre. Over seven days, Saskatoon saw gas prices rise from 99.9 cents a litre to 109.9 cents as of Friday. Less supply causes a higher demand, which is why gas prices are up. That translates to about 75 cents USA per gallon, he said, adding typical U.S.
  • Cortana and Alexa are coming together as a Partnership

    Cortana and Alexa are coming together as a Partnership

    Economy

    According to the New York Times , Amazon's Jeff Bezos said that it's important that users "have access to as many of those AIs as possible" as in the future it's likely we'll turn to different assistants for different things. Amazon has begun to educate the industry on its Alexa Voice Services (AVS) through quick-start guides and API overviews focusing on what the company calls Skills, Amazon's term for voice-based apps.
  • Gas Prices Up in Idaho

    Gas Prices Up in Idaho

    Economy

    The national average was $2.36 per gallon for regular gas on Monday, according to AAA's gas report, and Kansas City, Kansas was trending higher, increasing about 29 cents a gallon from last week. "No doubt, Harvey has impacted operations and access to refineries in the Gulf Coast". But down the street, at the QT, people fumed at what they will have to become accustomed to - prices over $2.44 a gallon.
  • US Crude Settles Down Ahead Of API Data

    US Crude Settles Down Ahead Of API Data

    Economy

    The discount for U.S. WTI versus Brent reached $5.92 a barrel on Tuesday, its widest in more than two years. Oil prices need a so-called Goldilocks number - one that's not so high that it stimulates robust production and not so low that it stymies the industry - and USA operators are reacting as the market remains stuck near the $50 per barrel level.
  • USA quarterly economic growth revised higher

    USA quarterly economic growth revised higher

    Economy

    The average of real GDP and real GDI, a supplemental measure of US economic activity that equally weights GDP and GDI, increased 3.0 percent in the second quarter, compared with an increase of 2.0 percent in the first quarter. That was up from 201,000 jobs in July. It was the best showing since a 3.2 per cent gain in the first quarter of 2015. Business spending got a boost from software, helping intellectual-property investment rise at a 4.9 percent pace, up from an initially reported 1.4 ...
  • TI Accepts Kevin Hart's Hurricane Harvey Challenge

    TI Accepts Kevin Hart's Hurricane Harvey Challenge

    Economy

    Kevin Hart has called on celebrities to raise money for the people of Texas as a tropical storm continues to affect the U.S. state. McGovern says that "what we do at The Better Business Bureau is what we do with Businesses-we evaluate them".
  • Amazon buys Whole Foods: Who wins and loses in MA?

    Amazon buys Whole Foods: Who wins and loses in MA?

    Economy

    Whole Foods Market's private label products-including 365 Everyday Value, Whole Foods Market, Whole Paws and Whole Catch-will be available through Amazon .com, AmazonFresh, Prime Pantry and Prime Now. The organic supermarket is located downtown inside the elegant Hahne mixed-use building on Broad Street, home to several businesses and offices, including a Petco and Express Newark university-community collaboratory, along with 160 market-rate and affordable apartments.
  • Things That Are About to Get Cheaper at Whole Foods

    Things That Are About to Get Cheaper at Whole Foods

    Economy

    Whole Foods has rolled out a loyalty program at its smaller, lower-priced 365 by Whole Foods chain, which offers members 10 percent off more than 100 items in the stores. Co-founder John Mackey will remain as CEO. The acquisition will close on Monday, Amazon said in a press release on Thursday. Amazon said on Wednesday the deal is on track to be completed.
  • US Treasury yields edge higher as investors look to Jackson Hole meeting

    US Treasury yields edge higher as investors look to Jackson Hole meeting

    Economy

    At 10:59 a.m. ET (1449 GMT), the Dow Jones Industrial Average .DJI was up 22.33 points, or 0.1 percent, at 21,834.42 and the S&P 500 .SPX was up 1.5 points, or 0.06 percent, at 2,445.54. The MSCI World index, which fell to a five-week low on Monday following days of turmoil at the White House, a deadly attack in Spain and worries over North Korea, was flat.
  • Ryan Says Gov't Shutdown Over Border Wall Isn't Necessary

    Ryan Says Gov't Shutdown Over Border Wall Isn't Necessary

    Economy

    He was just as insistent that it will get done in 2017. "I'm not going to get into differences on that, only to say that we recognize, acknowledge and believe you need to maintain the mortgage interest deduction, whether it can be improved in how it works - that's the discussion we'll have in an ongoing basis", Ryan said.
  • (AUDIO) Trump NAFTA Comments Worrisome to Agriculture

    (AUDIO) Trump NAFTA Comments Worrisome to Agriculture

    Economy

    Instead, Trudeau should be mirroring Buy American policies so that public money stays in the local economy. He suggested a termination might help jump-start the negotiations, saying " I personally don't think you can make a deal without a termination ".
  • Apple Ditches Self-Driving Car Dreams

    Apple Ditches Self-Driving Car Dreams

    Economy

    Following a recent report by The New York Times detailing the restructuring of Apple's self-driving vehicle project, an anonymous insider claims the company still has a lot of catching up to do. Citing a number of anonymous sources close to Apple , the Times reports that the company is scaling back on its previously reported autonomous vehicle effort, Project Titan.
  • David Jolly: A primary challenge to Trump could save the Republican Party

    Economy

    Jeb Fain, a communications adviser at the House Majority PAC, which works to elect Democrats to the House, said that while Ryan might have given some Republican members a pass to vote against the health care legislation, voters won't. While some Republicans stand up and denounce what Trump says on a case -by-case basis, Vance says it's not enough. The Speaker tweeted on Tuesday that "there can be no moral ambiguity" in responding to bigotry and white supremacy, in a seeming rejoinder ...
  • Ford scrappage scheme offers incentives up to £7000

    Ford scrappage scheme offers incentives up to £7000

    Economy

    The scheme applies to several new models of Ford; from £2,000 off a Fiesta to £7,000 off a new Transit van. "Removing generations of the most polluting vehicles will have the most immediate positive effect on air quality", says Ford's United Kingdom chief Andy Barratt.
  • Berkshire Hathaway Outbid By Sempra For Oncor Electric Delivery

    Berkshire Hathaway Outbid By Sempra For Oncor Electric Delivery

    Economy

    The new proposal would see Sempra own 60% of a restructured Energy Future business and in a statement it noted that the deal had a transaction value of almost US$19bn including Oncor's debt, which will be assumed by Sempra. "With its strong management team and long, distinguished history as Texas' leading electric provider, Oncor is an excellent strategic fit for our portfolio of utility and energy infrastructure businesses".
  • Taylor Swift's new album rumors: Is it coming out this Christmas?

    Taylor Swift's new album rumors: Is it coming out this Christmas?

    Economy

    Taylor Swift shared a cryptic video snippet Monday across her social media platforms of a snake . Well now she's back, and she just posted a SNAKE all over the shop. Music fans - correctly, from what we hear - interpreted the move as a tease for the release of new music. Her social media disappearance came on the third anniversary of her 2014 single " Shake It Off ", though whether or not that was a deliberate and symbolic statement remains to be seen.