Money
WeWork withdraws its IPO filing a week after replacing founder as CEO
- October 01, 2019
Another $6bn in loans from big banks such as JP Morgan was predicated on the completion of a successful float. The charismatic Neumann was credited with growing the office sharing company, founded in 2010, into a real estate giant with operations in 111 cities in 29 countries. (more...)
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- October 01, 2019
Another $6bn in loans from big banks such as JP Morgan was predicated on the completion of a successful float. The charismatic Neumann was credited with growing the office sharing company, founded in 2010, into a real estate giant with operations in 111 cities in 29 countries. (more...)
Airport catering cart malfunctions and almost crashes into plane
- October 01, 2019
Dr. Kevin Klauer, an osteopathic physician, caught video of the cart's insane circular ride on the tarmac while waiting for his flight to Tennessee. "American Airlines is investigating an incident involving a catering truck this afternoon at Chicago's O'Hare International Airport", American spokesperson Ross Feinstein said in a statement to USA TODAY . (more...)
- October 01, 2019
Dr. Kevin Klauer, an osteopathic physician, caught video of the cart's insane circular ride on the tarmac while waiting for his flight to Tennessee. "American Airlines is investigating an incident involving a catering truck this afternoon at Chicago's O'Hare International Airport", American spokesperson Ross Feinstein said in a statement to USA TODAY . (more...)
Rs 6200 Crore PMC Bank Fraud: Who Is To Blame?
- October 01, 2019
The first information report (FIR) has been filed under Sections 409 (criminal breach of trust by a public servant or banker), 420 (cheating), and 465, 466 and 471 (related to forgery) of the Indian Penal Code along with 120 (b) (criminal conspiracy). (more...)
- October 01, 2019
The first information report (FIR) has been filed under Sections 409 (criminal breach of trust by a public servant or banker), 420 (cheating), and 465, 466 and 471 (related to forgery) of the Indian Penal Code along with 120 (b) (criminal conspiracy). (more...)
OPEC's September Oil Production Plummets In Wake Of Attacks On Aramco
- October 01, 2019
Brent crude futures were down 80 cents, or 1.3pc, at $61.11 (€56) a barrel by afternoon. Saudi Ambassador Dr Saud bin Mohammed Al Sati has reportedly said the India is an attractive investment destination for Saudi Arabia and it is eyeing long-term partnerships with New Delhi in areas of oil, gas and mining. (more...)
- October 01, 2019
Brent crude futures were down 80 cents, or 1.3pc, at $61.11 (€56) a barrel by afternoon. Saudi Ambassador Dr Saud bin Mohammed Al Sati has reportedly said the India is an attractive investment destination for Saudi Arabia and it is eyeing long-term partnerships with New Delhi in areas of oil, gas and mining. (more...)
Australia stocks climb after central bank cuts interest rates
- October 01, 2019
Australian shares had their best day in nearly a month on Tuesday after the country's central bank eased monetary policy, with rate-sensitive sectors driving the late gains. Previously the bank had not shifted the rate in nearly three years. Callam Pickering, APAC economist at jobs site Indeed, said Australia could expect another rate cut early in 2020, enhancing the possibility of unconventional measures. (more...)
- October 01, 2019
Australian shares had their best day in nearly a month on Tuesday after the country's central bank eased monetary policy, with rate-sensitive sectors driving the late gains. Previously the bank had not shifted the rate in nearly three years. Callam Pickering, APAC economist at jobs site Indeed, said Australia could expect another rate cut early in 2020, enhancing the possibility of unconventional measures. (more...)
POL prices to remain unchanged for October
- October 01, 2019
Price of diesel reached Rs 67.49 per litre following a hike of 16 paise, as per pricing information from the state-owned oil firm. The government tried to justify the decision of not passing price relief on to consumers in a press statement. (more...)
- October 01, 2019
Price of diesel reached Rs 67.49 per litre following a hike of 16 paise, as per pricing information from the state-owned oil firm. The government tried to justify the decision of not passing price relief on to consumers in a press statement. (more...)
Tesla owners immediately tested the new Smart Summon in parking lots
- October 01, 2019
Tesla's new "Smart Summon" mode is already causing awkwardness and confusion among the public as the company appears to attempt to test the new feature on consumers. Its objective is to bring the auto to you wherever you may be in a parking lot. Smart Summon goes beyond its predecessor's simple ability to remotely move the auto forward and backward while outside the vehicle. (more...)
- October 01, 2019
Tesla's new "Smart Summon" mode is already causing awkwardness and confusion among the public as the company appears to attempt to test the new feature on consumers. Its objective is to bring the auto to you wherever you may be in a parking lot. Smart Summon goes beyond its predecessor's simple ability to remotely move the auto forward and backward while outside the vehicle. (more...)
Google Draws Congressional Scrutiny with Internet Protocol
- October 01, 2019
Investigators from the House Judiciary Committee reportedly asked Google to provide information about its "decision regarding whether to adopt or promote the adoption" of DNS over TLS protocol. That, the critics say, could allow Google to gain an unfair advantage over user behaviour data invaluable for advertising purposes. The new protocol will be standard and is aimed at improving Internet security, according to Google's parent company Alphabet. (more...)
- October 01, 2019
Investigators from the House Judiciary Committee reportedly asked Google to provide information about its "decision regarding whether to adopt or promote the adoption" of DNS over TLS protocol. That, the critics say, could allow Google to gain an unfair advantage over user behaviour data invaluable for advertising purposes. The new protocol will be standard and is aimed at improving Internet security, according to Google's parent company Alphabet. (more...)
FDA recalls Performance Dog raw frozen food for salmonella risk
- October 01, 2019
The United States Food and Drug Administration is warning pet owners to stay away from Performance Dog frozen raw pet food produced on or after July 22, 2019, after a sample tested positive for Salmonella and Listeria monocytogenes. tested positive for bacteria. FDA suggests that people keep this product away from other people or wildlife, in order to keep anyone or anything from coming into contact with the product. (more...)
- October 01, 2019
The United States Food and Drug Administration is warning pet owners to stay away from Performance Dog frozen raw pet food produced on or after July 22, 2019, after a sample tested positive for Salmonella and Listeria monocytogenes. tested positive for bacteria. FDA suggests that people keep this product away from other people or wildlife, in order to keep anyone or anything from coming into contact with the product. (more...)
Fashion Chain Forever 21 Files For Bankruptcy, Likely to Shut 178 stores
- September 30, 2019
Forever 21 will continue to operate hundreds of stores, according to court records . The company employs about 32,800 people, down from 43,000 in 2016. The average Forever 21 store is close to 40,000 square feet but there are some locations that span more than 100,000, which is more like the size of a traditional department store. (more...)
- September 30, 2019
Forever 21 will continue to operate hundreds of stores, according to court records . The company employs about 32,800 people, down from 43,000 in 2016. The average Forever 21 store is close to 40,000 square feet but there are some locations that span more than 100,000, which is more like the size of a traditional department store. (more...)
Pelosi: Impeachment is worth losing House over
- September 30, 2019
CBS News has reported that the whistleblower - identified by The New York Times as a Central Intelligence Agency officer - was already under federal protection. A rough summary of the conversation revealed Trump's apparent efforts to get Ukraine to dig up dirt on former Vice President Joe Biden and his son Hunter, who served on the board of a Ukrainian gas company. (more...)
- September 30, 2019
CBS News has reported that the whistleblower - identified by The New York Times as a Central Intelligence Agency officer - was already under federal protection. A rough summary of the conversation revealed Trump's apparent efforts to get Ukraine to dig up dirt on former Vice President Joe Biden and his son Hunter, who served on the board of a Ukrainian gas company. (more...)
Chinese markets must test risk of worst U.S. threat yet
- September 30, 2019
Reports that the White House was looking at ways to limit US investment into Chinese companies had weighed on the stock-market on Friday. "So, given Treasury's denial, we're seeing those declines partially reversed". Just this month, the country removed a hurdle for foreign investment into its stock and bond markets nearly 20 years after it first allowed access. (more...)
- September 30, 2019
Reports that the White House was looking at ways to limit US investment into Chinese companies had weighed on the stock-market on Friday. "So, given Treasury's denial, we're seeing those declines partially reversed". Just this month, the country removed a hurdle for foreign investment into its stock and bond markets nearly 20 years after it first allowed access. (more...)
National Coffee Day 2019: Deals at Dunkin’, Sheetz, Wawa and more
- September 30, 2019
Pilot J: Pilot is offering a free cup of the "best coffee on the interstate". Now, we have the Internation Coffee Day next which means that you will get to drink a lot of Coffee on October 1. Here's a list of a few promotions taking place in the Twin Cities in honor of National Coffee Day. Whole Foods Market: You can get free cans of High Brew Coffee with a coupon Sunday. (more...)
- September 30, 2019
Pilot J: Pilot is offering a free cup of the "best coffee on the interstate". Now, we have the Internation Coffee Day next which means that you will get to drink a lot of Coffee on October 1. Here's a list of a few promotions taking place in the Twin Cities in honor of National Coffee Day. Whole Foods Market: You can get free cans of High Brew Coffee with a coupon Sunday. (more...)
CVS pulls Zantac and similar heartburn drugs because of cancer worries
- September 30, 2019
Food and Drug Administration said in an alert . Neither of the products have been officially recalled , however. 'Zantac brand products and CVS brand ranitidine products have not been recalled, and the FDA is not recommending that patients stop taking ranitidine at this time, ' CVS said in a statement . (more...)
- September 30, 2019
Food and Drug Administration said in an alert . Neither of the products have been officially recalled , however. 'Zantac brand products and CVS brand ranitidine products have not been recalled, and the FDA is not recommending that patients stop taking ranitidine at this time, ' CVS said in a statement . (more...)
1st LD: China's manufacturing PMI edges up in September
- September 30, 2019
According to the National Bureau of Statistics , the Purchasing Managers' Index (PMI) rose from 49.5 in August to 49.8 this month - better than predicted in a Bloomberg survey of economists. In particular, output in the food processing, textile, special equipment and electrical machinery sectors stood at high levels, Zhao Qinghe, an official with the statistics bureau said in a statement accompanying the data. (more...)
- September 30, 2019
According to the National Bureau of Statistics , the Purchasing Managers' Index (PMI) rose from 49.5 in August to 49.8 this month - better than predicted in a Bloomberg survey of economists. In particular, output in the food processing, textile, special equipment and electrical machinery sectors stood at high levels, Zhao Qinghe, an official with the statistics bureau said in a statement accompanying the data. (more...)
Forever 21 files for bankruptcy and will close up to 350 stores
- September 30, 2019
The group added that it has requested approval to close a number of its stores across the USA, although the decision as to which stores will be closed are ongoing. Forever 21 was founded in 1984 and rose to prominence in the 1990s and early aughts for its low-cost, stylish offerings that were particularly popular among young women. (more...)
- September 30, 2019
The group added that it has requested approval to close a number of its stores across the USA, although the decision as to which stores will be closed are ongoing. Forever 21 was founded in 1984 and rose to prominence in the 1990s and early aughts for its low-cost, stylish offerings that were particularly popular among young women. (more...)
GM Reverses Health Coverage Move
- September 30, 2019
Earlier this week GM gave striking UAW workers their health insurance back, which led some analysts to say that this is a sign we could be getting close to the end of the strike. One of the top sticking points in the talks appears to be the widening use of temporary workers. GM shares closed up 1.4 per cent at $37.61 on Thursday. (more...)
- September 30, 2019
Earlier this week GM gave striking UAW workers their health insurance back, which led some analysts to say that this is a sign we could be getting close to the end of the strike. One of the top sticking points in the talks appears to be the widening use of temporary workers. GM shares closed up 1.4 per cent at $37.61 on Thursday. (more...)
Delta buys 20 percent stake in Latam Airlines for $1.9 bn
- September 29, 2019
The plan envisions growth for both carriers, which now overlap on only one route, Chief Executive Ed Bastian told Reuters. The US carrier expects the deal to boost earnings per share over the next two years and says it will not affect the company's existing financial commitments to shareholders, including free cash flow and shareholder returns. (more...)
- September 29, 2019
The plan envisions growth for both carriers, which now overlap on only one route, Chief Executive Ed Bastian told Reuters. The US carrier expects the deal to boost earnings per share over the next two years and says it will not affect the company's existing financial commitments to shareholders, including free cash flow and shareholder returns. (more...)
Venezuela’s central bank is thinking about cryptocurrency reserves
- September 29, 2019
Bloomberg reported on Sep 26 that the tests were executed following orders received from Petroleos de Venezuela SA (PDVSA), the publicly-owned oil and natural gas company, which is looking for ways to pay its suppliers using Bitcoin and Ethereum stash collected so far. (more...)
- September 29, 2019
Bloomberg reported on Sep 26 that the tests were executed following orders received from Petroleos de Venezuela SA (PDVSA), the publicly-owned oil and natural gas company, which is looking for ways to pay its suppliers using Bitcoin and Ethereum stash collected so far. (more...)
Brexit: Jaguar Land Rover Will Halt Production UK Factories for a Week
- September 29, 2019
The advanced product creation centre brings design, engineering and production purchasing under one roof for the first time in Jaguar Land Rover's history. Nearly 10 percent of the energy consumed by employees and processes at the Gaydon centre will be provided by vast roof-mounted solar panels, while the rest will come entirely from renewable sources. (more...)
- September 29, 2019
The advanced product creation centre brings design, engineering and production purchasing under one roof for the first time in Jaguar Land Rover's history. Nearly 10 percent of the energy consumed by employees and processes at the Gaydon centre will be provided by vast roof-mounted solar panels, while the rest will come entirely from renewable sources. (more...)
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Palantir Files for IPO