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Finance

The move, that came amidst a spate of accidents putting the role of Prabhu in question, did not surprise anyone. Appreciating the the efforts put in by his predecessor Suresh Prabhu, Goyal said: "Now people talk about ministers working 24×7".
  • Harvey impacting gas prices in Kansas City

    Harvey impacting gas prices in Kansas City

    Finance

    A check of Minot gasoline retailers at midday Tuesday found most pricing gasoline at $2.29 to $2.39 per gallon. As a result, gas prices are already rising in nearby states. However, local demand has also decreased, which partially offsets the reduced supply. That would likely help to cap the national increase, which AAA expected could climb to $2.50, the first time since August 28, 2015 it would reach that price marker.
  • Abbott issues second round of updates on St. Jude pacers

    Abbott issues second round of updates on St. Jude pacers

    Finance

    The devices must be given a firmware update to protect them against a set of critical vulnerabilities, first reported by MedSec, which could drain pacemaker battery life, allow attackers to change programmed settings, or even change the beats and rhythm of the device.
  • How Will Harvey Impact Oil And Gasoline Prices?

    How Will Harvey Impact Oil And Gasoline Prices?

    Finance

    While Hurricane Harvey itself had weakened to a tropical storm and was moving back offshore, officials said the worst for Texas was far from over as continuous rains exacerbated flooding and kept tens of thousands of people from their homes and work.
  • With strong second quarter, US GDP growth up to 3 percent

    With strong second quarter, US GDP growth up to 3 percent

    Finance

    The Bureau of Economic Analysis had anticipated the increase in real GDP would be 2.6 percent . A surprise upgrade to GDP growth figures for the USA economy gave relief to the dollar today after it this week dropped to its lowest levels since January 2015.
  • Is Uber's New CEO Already Doomed?

    Is Uber's New CEO Already Doomed?

    Finance

    Mr Khosrowshahi, 48, who joins Uber from the online travel company Expedia , is no pushover and is regarded as a skilled dealmaker. UBER Technologies Inc said yesterday it was co-operating with a preliminary investigation led by the US Department of Justice into possible violations of bribery laws.
  • Amazon is changing Whole Foods at the speed of Silicon Valley

    Amazon is changing Whole Foods at the speed of Silicon Valley

    Finance

    Amazon also said it will start selling Whole Foods brand products on its website, a move that sent down shares of packaged food sellers including Kellogg Co. In addition to the lower-priced grocery items Amazon noted in its announcement last week , workers said this weekend that Whole Foods' private label products - like those labeled with "365 Everyday Value" - will also be discounted .
  • Michigan Wolverines Debut First Ever All-Maize Jordan Uniforms

    Michigan Wolverines Debut First Ever All-Maize Jordan Uniforms

    Finance

    Harbaugh had no interest providing any more information about his roster, including who will start at quarterback for the Wolverines, during his meeting with reporters on Monday. Coach Jim Harbaugh was said to be the driving force behind choosing the all-maize look. Don't be totally floored if Luke Del Rio, Feleipe Franks and Malik Zaire all remained sidelined the first play.
  • Air NZ flight to Houston diverted after storm closes Houston airport

    Air NZ flight to Houston diverted after storm closes Houston airport

    Finance

    Floodwaters prevented access to and from Bush and Hobby, making it impossible for most passengers, flight crews, vendors and airport support personnel to reach the airports. United Airlines is allowing the same out of most Texas Airports including Corpus Christi, San Antonio, Houston and McAllen-Miller International Airport.
  • Okuhara advances to world final

    Okuhara advances to world final

    Finance

    The road ahead was getting tougher as she met China's Wang Yihan, and there was an element of confidence in the Indian shuttler's display, demolishing her in a tight match. "I am very proud to make the final", said a delighted Sindhu after the unexpectedly one-sided semi. But nonetheless, this was the best badminton that the fans got the pleasure of watching.
  • Amazon Plans to Reduces Whole Foods Grocery Prices

    Amazon Plans to Reduces Whole Foods Grocery Prices

    Finance

    The targeted products include select bananas, organic Gala and Fuji apples, organic rotisserie chicken, responsibly farmed salmon, organic brown eggs, ground beef, almond butter and 365 Everyday Value organic butter. "The S&P 500 Food Retail index closed down nearly 5 percent as more than $10 billion was wiped off the market value of big food sellers", Reuters reported .
  • Outlining the overall picture in today's market for: Ulta Beauty, Inc. (ULTA)

    Outlining the overall picture in today's market for: Ulta Beauty, Inc. (ULTA)

    Finance

    The shares were sold at an average price of $309.05, for a total transaction of $6,181,000.00. STMicroelectronics NV (ADR) (NYSE:STM) has risen 191.28% since August 25, 2016 and is uptrending. On Friday, March 11 the stock rating was maintained by Deutsche Bank with "Hold". The Return on Investment (ROI) ratio of ULTA Salon, Cosmetics & Fragrance, Inc.
  • Dollar slides after Fed's Yellen makes no monetary policy comment

    Dollar slides after Fed's Yellen makes no monetary policy comment

    Finance

    The focus of Yellen's speech was on reforms and financial stability since the banking crisis and made no reference to United States monetary policy, but did indicate that any future changes should remain modest. Following the last two increases in U.S. interest rates - in March and June - the market still expects later this year another 25 basis point increase to the Fed's target for the federal funds rate, which would take the range to between 1.25% and 1.50%.
  • What happened to Apple's self-driving auto?

    What happened to Apple's self-driving auto?

    Finance

    Here are all the "new" features of the Apple iPhone 8 The report says that the project, which will include conventional cars with self-driving kit, is being termed as " Pail " - Palo Alto to Infinite Loop. 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.
  • Apple eyes 3500 acre Iowa site for its new data centre

    Apple eyes 3500 acre Iowa site for its new data centre

    Finance

    The California-based company is due to meet with Iowa's Economic Development Authority today, the schedule for which was published and reported on yesterday by The Des Moines Register . "This is a legacy project that creates momentum over time", Dutcher said. "If we want to grow this economy and provide more revenue, then we should be doing what we can to bring jobs and businesses to the state of Iowa", she said.
  • Rs 200 notes from RBI coming, Finance Ministry confirms

    Rs 200 notes from RBI coming, Finance Ministry confirms

    Finance

    After demonetization of Rs 500 and Rs 1000 currency notes, there was a shortage of smaller denomination currency notes in the country. Most importantly, it is taking all steps to stop black marketing and is building a stack of about 50 crore notes of the new denomination to start with so there is no scarcity or possibility of illegal trade, sources said.
  • Sempra Trumps Suitors with $9.45B Offer for Oncor

    Sempra Trumps Suitors with $9.45B Offer for Oncor

    Finance

    Sempra said it has received financing commitments from RBC Capital Markets and Morgan Stanley, with Sempra expected to hold about 60% of the reorganized company. But Berkshire Hathaway stood firm on its offer, saying last week that it would not be increasing the bid. According to Reuters, the board at Energy Future opted for the Sempra bid after receiving assurances from Sempra officials that its offer for Oncor would received approval from the Public Utility Commission of Texas, as well ...
  • Taylor Swift Overshadows the Eclipse, Slithers Back to Social Media

    Taylor Swift Overshadows the Eclipse, Slithers Back to Social Media

    Finance

    It's been quite the weekend for Taylor Swift fans. There is also a theory going around that Swift's album will have something to do with the eclipse today, which has gained even more traction with her mysterious video post. Swift has made a career out of writing songs that not so subtly throw shade at her critics and exes. According to Genius , Swift's new song is called "Timeless"-and not only has it been registered under her name, a website is "coming soon".
  • Three CEOs resign from Trump's American Manufacturing Council

    Three CEOs resign from Trump's American Manufacturing Council

    Finance

    The resignations came after Trump was criticized for his response to the violence at white supremacist events in Charlottesville, Va., over the weekend. Now some of those same business leaders are turning on President Trump . Frazier's departure earned the head of the pharmaceutical giant angry tweets from Trump, with one making an all-caps jab about costly prescription drugs and another griping that Merck is a leader in high prices and in sending jobs overseas.
  • Facebook Deletes 8 Racist Groups After Charlottesville Violence

    Facebook Deletes 8 Racist Groups After Charlottesville Violence

    Finance

    Facebook CEO, Mark Zuckerberg recently went on social media to openly bash white supremacists and pledged a campaign against violent posts and threads which celebrated hate crimes. The online dating site announced the decision on Twitter, saying: 'There is no room for hate in a place where you're looking for love'. But even as right-leaning staff had found a haven in which to speak candidly, Zuckerberg concluded that the group was being used to harass employees, Business Insider wrote.
  • That annoying robocall about a 'free cruise' could get you $900

    That annoying robocall about a 'free cruise' could get you $900

    Finance

    The stock decreased 5.26% or $0.1 on August 17, reaching $1.8. About 779,839 shares traded. TRADEMARK VIOLATION NOTICE: " Norwegian Cruise Line Holdings' ( NCLH ) Neutral Rating Reaffirmed at Goldman Sachs Group, Inc". First Natl Bank Of Omaha reported 49,537 shares or 0.25% of all its holdings. 5,789 are owned by Thompson Siegel & Walmsley Llc. Amica Retiree Medical Trust invested in 987 shares.
  • Are Analysts Bearish Halma plc (LON:HLMA) After Last Week?

    Are Analysts Bearish Halma plc (LON:HLMA) After Last Week?

    Finance

    The stock has "Outperform" rating by Credit Suisse on Friday, October 9. (NYSE:CAT) has "Buy" rating given on Tuesday, April 26 by Argus Research. On Tuesday, February 23 the stock rating was upgraded by Goldman Sachs to "Buy". The Property Services division includes the United Kingdom (UK) Agency, which represents property advertising services provided to estate agents and lettings agents; New Homes, which represents property advertising services provided to new home developers, and Other ...
  • Foot Locker has a Nike problem

    Foot Locker has a Nike problem

    Finance

    Caxton Associates LP invested in 0.06% or 20,000 shares. Afam Capital Inc. increased its position in Foot Locker by 3.0% in the second quarter. (NYSE:FL) for 31,320 shares. Profund Advisors Lc has invested 0.02% of its portfolio in Foot Locker, Inc . On June 13 the stock rating was downgraded from " to "Hold" in a statement from Argus.
  • Oil stops its slide on news of inventory cuts

    Oil stops its slide on news of inventory cuts

    Finance

    After the data, crude futures extended gains but then turned negative, with West Texas Intermediate (WTI) crude futures fell 22 cents to $47.33 a barrel by 11:25 a.m. Rising crude oil production among OPEC members and in the U.S. has increased concern regarding oil's supply-demand dynamics. WTI Crude Oil (Light Sweet) price at NYMEХ Stock Exchange down by 1.74% to $46.91 per barrel.
  • SWT warns passengers to avoid Waterloo after derailment

    SWT warns passengers to avoid Waterloo after derailment

    Finance

    SWT has significantly reduced the number of trains running to and from London Waterloo to ensure that delayed trains do not approach London Waterloo at the same time. COMMUTERS vented their frustration at South West Trains this morning with a series of laugh-out-loud memes. Eyewitness Vince Gannon tweeted: "Train leaving Waterloo appears to have struck a works train".