Money


Vijay Mallya arrested by London police in money laundering case Vijay Mallya arrested by London police in money laundering case
- October 03, 2017

The Enforcement Directorate had registered a criminal case in this deal a year ago under the PMLA and has attached assets worth over Rs 9,600 crore till now. Mallya owes Indian banks Rs 6,963 crore (Rs Rs 9,091 crore with interest) and is wanted in India for cases relating to foreign exchange violation, debt recovery and embezzlement. (more...)
Couple charged with swindling Amazon out of $1.2m in electronics Couple charged with swindling Amazon out of $1.2m in electronics
- October 03, 2017

Oh, and they have to pay back the money, too. From 2014 to 2017, the Finans received over 2,100 replacement items, including " GoPro digital cameras, Microsoft Xboxes, Samsung smartwatches, and Microsoft Surface tablets ". And the story doesn't end there. Authorities said the couple then sold the stolen merchandise to an associate in Indianapolis, who sold the items to an entity in NY. (more...)
Muslim boy of 14 stabbed outside mosque in Birmingham Muslim boy of 14 stabbed outside mosque in Birmingham
- October 03, 2017

Amjad Shah, general secretary of the Hussainia Mosque, said: "The board of trustees and the entire community is praying for [his] swift recovery". "The police and ambulance were here very quickly, we can not understand why somebody would stab a young boy like this. (more...)
Uber To Vote Against Kalanick Influence Uber To Vote Against Kalanick Influence
- October 03, 2017

The investment, from Japanese conglomerate SoftBank, is widely rumored to be for as much as $10 billion. That deal depends on the participation of some early Uber investors, who have said they will not sell their shares to SoftBank unless Uber's governance structure changes and Mr. (more...)
Toyota shuts down production in Australia after half century Toyota shuts down production in Australia after half century
- October 03, 2017

The Japanese manufacturer's final closure of the local plant comes just months after the United States carmaker Ford closed its plant, also in Victoria, while the nation's final assembly plant, that of Holden in South Australia, is set to close later this month on October 20. (more...)
Hersha Hospitality Trust (HT) Research Coverage Started at DA Davidson
- October 03, 2017

Manpowergroup now has $7.97B valuation. The stock decreased 0.11% or $0.02 on September 29, reaching $18.67. About 493,803 shares traded or 2.03% up from the average. Public Employees Retirement System of OH now owns 50,302 shares of the real estate investment trust's stock worth $945,000 after acquiring an additional 403 shares in the last quarter. (more...)
Passengers Flee in Panic as Commuter Reads Bible Aloud on London Train Passengers Flee in Panic as Commuter Reads Bible Aloud on London Train
- October 03, 2017

Hundreds of thousands of London commuters experienced major disruption during rush hour on Monday morning after passengers fled from a train and spilt on to the track in terror of a "Doomsday preacher" who was quoting the Old Testament. "Passengers self evacuated onto the tracks so British Transport officers attended and we are now carrying out investigations". The Bible reading man was questioned by police after the train reached the station but was found to be carrying only books and ... (more...)
Hilton Worldwide Holdings Inc Hilton Worldwide Holdings Inc
- October 03, 2017

Its portfolio of brand names consists of Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites Hotels, Hilton Garden Inn, Hampton Inn, Homewood Suites by Hilton and Home2 Suites by Hilton and timeshare properties under the Hilton Grand Vacations brand. (more...)
Britain's May says does not set 'red lines' for ministers' behavior Britain's May says does not set 'red lines' for ministers' behavior
- October 03, 2017

Media interviews arranged to discuss her plans to tackle injustice were instead dominated by questions about the foreign secretary, who has used a number of interventions to put himself at odds with cabinet policy on Brexit. When it comes to formal negotiations, David Davis is negotiating with Michel Barnier", May said, not mentioning Johnson. Asked whether it was too risky to move the foreign secretary, May refused to comment on if he should be sacked but said: "Of course a prime minister ... (more...)
Schwarzenegger to join anti-gerrymandering rally at Supreme Court Schwarzenegger to join anti-gerrymandering rally at Supreme Court
- October 03, 2017

In the 2012 election, Republicans won 48.6 percent of the statewide vote yet claimed 60 of 99 seats in the Assembly. The Supreme Court won't rule until next summer. Throughout U.S. history, Republicans and Democrats have used the redistricting process to boost their political clout when they had the opportunity. (more...)
Rail strikes hit Liverpool in row about driver-only trains Rail strikes hit Liverpool in row about driver-only trains
- October 03, 2017

Northern is advising travellers to allow extra time for their journeys and to check ahead to see if their service is running. The strikes - today and Thursday -will affect train services run by Southern, Merseyrail, Arriva Rail North and Greater Anglia. (more...)
New CEO of Uber to meet with London transport officials New CEO of Uber to meet with London transport officials
- October 03, 2017

Uber's regional manager for northern Europe has quit - barely a fortnight after the ride-hailing app was stripped of its licence in London . Despite Bertram's reference to "current challenges", sources close to the company said her departure had been planned for some time and was not related to Uber's efforts to avoid losing its London licence. (more...)
Analyst Stock Recommendations For Liberty Global plc (LBTYK), Pfenex Inc. (NYSEAmerican:PFNX)
- October 03, 2017

Institutional investors have recently bought and sold shares of the company. 11/07/2016 - Liberty Global plc had its "buy" rating reiterated by analysts at Wunderlich. The NASDAQ listed company saw a recent bid of $32.975 and 1396863 shares have traded hands in the session. The firm has a 50-day moving average of $33.70 and a 200 day moving average of $33.06. (more...)
Will Tesla's power initiatives in Puerto Rico change energy laws? Will Tesla's power initiatives in Puerto Rico change energy laws?
- October 03, 2017

One example was Solar City's $8 million solar-powered microgrid project that saw the island of Ta'u in American Samoa change its entire energy generation from diesel fuel to 100-percent solar power, providing a better alternative to the island's fluctuating population of 200 to 600 people. (more...)
Halcon Resources Corporation (HK) Major Shareholder Sells $2424400.00 in Stock
- October 03, 2017

Roth Capital set a $9.00 price objective on Halcon Resources Corporation and gave the stock a "buy" rating in a research note on Tuesday, August 1st. If you are accessing this story on another publication, it was illegally copied and reposted in violation of US and worldwide copyright and trademark legislation. (more...)
India's Ola raises US$2 bil from SoftBank, Tencent India's Ola raises US$2 bil from SoftBank, Tencent
- October 03, 2017

While the transaction has been confirmed, the agreement is still awaiting approval from the Competition Commission of India (CCI). Meant to help Ola thwart competition from its biggest rival Uber, the $2 Bn funding will reportedly enable the ride hailing company to expand its fleet of vehicles and bolster its core technology platform . (more...)
Equifax breach impacted 2.5 million more people than originally stated Equifax breach impacted 2.5 million more people than originally stated
- October 03, 2017

One of three main credit reporting agencies in the USA next to Experian and TransUnion , Equifax ( efx ) stores a trove of highly sensitive personal and financial details about consumers. The law firm is also reviewing "the circumstances surrounding the trading by certain of the Company's executives", she said in an email. Equifax also waited a week to scan its network for apps that remained vulnerable. (more...)
Goldman Sachs Considers Launching Cryptocurrency Trading Operation Goldman Sachs Considers Launching Cryptocurrency Trading Operation
- October 03, 2017

Jennison Associates LLC now owns 4,371,336 shares of the investment management company's stock valued at $704,965,000 after buying an additional 3,075,277 shares in the last quarter. Several equities analysts recently weighed in on GS shares. Presently, Goldman Sachs Group (GS)'s Williams Percent Range or 14 day Williams %R is resting at -2.60. (more...)
Mark Hurd says he doesn't worry 'so much' about Amazon Mark Hurd says he doesn't worry 'so much' about Amazon
- October 03, 2017

They didn't talk to each other very well. Ellison told developers, partners and customers at the conference that the new system is fully automated and has 99.995% reliability. Oracle's tools "make up an integrated developer experience". For more information on the Accenture and Oracle relationship, please visit www.accenture.com/oracle . (more...)
Tesla's Model 3 makes sluggish start in its race to mass market Tesla's Model 3 makes sluggish start in its race to mass market
- October 03, 2017

Tesla blames bottlenecks on a mere "handful" of subsystems at its manufacturing plants for the weak figures. Tesla also emphasized there are "no fundamental issues" with the Model 3 production or supply chain. Of that, about 14,000 were attributed to the Model S , 11,865 to the Model X , and 220 to the Model 3. Production of Tesla's first mass-market electric auto is off to a much slower start than expected, with barely a fifth of the vehicles that had been predicted rolling off ... (more...)