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Business

The court found that between 2011 and 2017, Wu fabricated information in the financial reports of Anbang's property insurance subsidiary, Anbang Property and Casualty Insurance Co. It also was in aborted talks with Donald Trump's son-in-law and adviser Jared Kushner to redevelop a Manhattan office tower, Bloomberg News reported previous year.
  • Alexa smart homes show Amazon partnership with builder

    Alexa smart homes show Amazon partnership with builder

    Business

    Amazon is outfitting these Alexa-enabled model houses with everything from video doorbells and smart locks to robot vacuums , smart speakers , media streamers , connected lighting, security cameras , garage door openers, and smart lawn sprinklers.
  • Awesome Mother's Day Gifts Your Mom Will Actually Use

    Awesome Mother's Day Gifts Your Mom Will Actually Use

    Business

    And let me just say, my mom is literally the best, just as you could say the same for yours. If the weather is nice, pack up your meal and head outside for a picnic. Offers.com put together a survey and found that Texas Moms want this for Mother's Day. Cocoa contains healthy flavonoids that some studies show may support heart health.
  • Weekly US oil and product stockpiles drop sharply

    Weekly US oil and product stockpiles drop sharply

    Business

    According to the Weekly Petroleum Status Report, U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, decreased by 2.2 million barrels during the week ending May 4. Output is seen at 100.45 MMbpd, down from 100.47 million previously, with demand growth at 100.28 million, compared with 100.31 million estimated previously.
  • EPS for Northern Oil and Gas, Inc. (NOG) forecasted at $0.11

    Business

    Moving averages have the ability to be used as a powerful indicator for technical stock analysis. Now we move forward to see the historical returns of Zebra Technologies Corporation which is U.S. (ZN)'s Relative Strength Index (RSI ) is 55.49. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
  • Sears pops after getting cozier with Amazon

    Sears pops after getting cozier with Amazon

    Business

    The service will gradually go at Sears' significantly more than four hundred Automobile Centers across the USA, to reach greater of Amazon's customers. About the DieHard brand Introduced in 1967, Sears designed the original DieHard automotive battery to produce 35 percent more usable starting power than other similar batteries.
  • Benedict Financial Advisors Inc. Reduces Position in Anheuser-Busch InBev (BUD)

    Benedict Financial Advisors Inc. Reduces Position in Anheuser-Busch InBev (BUD)

    Business

    The stock increased 0.46% or $0.16 during the last trading session, reaching $34.93. About 821,314 shares traded. Anheuser-Busch InBev SA/NV (NYSE: BUD ) has declined 3.50% since May 9, 2017 and is downtrending. Artisan Prtnrs Ltd Partnership, a Wisconsin-based fund reported 316,738 shares. Godshalk Welsh Capital Mgmt holds 2,800 shares. Farmers Merchants Invs owns 54 shares or 0% of their United States portfolio.
  • Apple Mysteriously Applied for Relaxed Govt. Regulations on Drones

    Apple Mysteriously Applied for Relaxed Govt. Regulations on Drones

    Business

    Flirtey said in a statement that it and government partners "will now have access to fast-tracked regulatory approvals as they work to expand lifesaving drone delivery operations". Another partner is General Electric Co, he said. Earlier, the agency confirmed it had sent two planned rules to the White House to regulate the increased use of unmanned aerial vehicles.
  • BMW recalls 300000 cars over stall risk

    BMW recalls 300000 cars over stall risk

    Business

    BMW initially recalled 36,410 petrol cars past year over safety issues. Former Gurkha soldier Narayan Gurung, 66, died on Christmas Day 2016 when he crashed his Ford Fiesta into a tree in Hampshire while swerving to avoid a BMW vehicle which had cut out due to an electrical fault, an inquest in Woking, Surrey, was reportedly told.
  • Fox to buy Sinclair Broadcast stations in Tribune deal

    Fox to buy Sinclair Broadcast stations in Tribune deal

    Business

    Fox said completion of the stations' acquisition is anticipated for the second half of this calendar year, subject to the satisfaction of customary closing conditions, including regulatory approvals, and is expected to be coordinated with the closing of Sinclair's proposed acquisition of Tribune.
  • Teva Pharmaceutical Industries Limited (TEVA)

    Business

    Aimz Investment Advisors Llc who had been investing in Teva Pharmaceutical Inds Ltd for a number of months, seems to be bullish on the $18.96 billion market cap company. The firm's revenue was down 15.9% compared to the same quarter a year ago. We can't have enough maintenance the once will always reflect the hard, but logically stocks that have grown earnings per allowance sharply in the after are an excellent bet to continue to take effect as a result.
  • Energy stocks lead early Wall Street gains

    Energy stocks lead early Wall Street gains

    Business

    The Russell 2000 index of smaller-company stocks picked up 13.34 points, or 0.9 percent, to 1,578.95. Nvidia was among the biggest gainers, rising 2.9 percent to $245.97. The S&P energy sector .SPNY trimmed earlier losses to trade down 0.1 percent. "While (energy sector) is providing near-term support for USA indexes, I wonder whether it will help in the longer-term, with the decision potentially increasing geopolitical risk", Craig Erlam, senior market analyst at OANDA in London, wrote in ...
  • Enbridge (ENB) Position Raised by Bank of Hawaii

    Business

    Based on an average trading volume of 4,778,914 shares, the short-interest ratio is presently 5.5 days. The stock was sold at an average price of $34.00, for a total value of $613,836.00. Enbridge (TSE: ENB ) (NYSE: ENB ) last posted its earnings results on Friday, February 16th. While having a peek at profitability ratios Enbridge Energy LP (NYSE:EEP) has trailing twelve month gross margin at 87.4%, its trailing twelve month operating margin stands at 46.2% whereas its trailing twelve ...
  • Gold stuck in bearish trend as both United States dollars and yields move higher

    Gold stuck in bearish trend as both United States dollars and yields move higher

    Business

    On Tuesday, the U.S. dollar extended recent gains and rose 0.4 per cent to 93.13 against the basket - in which the euro holds the biggest weight - as markets further cut short bets against it built up in recent months. Sterling traded at $1.3533 following a decline to a four-month low of $1.3485 overnight. Indeed, monetary policy normalisation in the United States, which has move significantly ahead of other countries, has also been a major dollar-supportive factor.
  • Certified Advisory Corp Buys Shares of 7694 The Coca-Cola Company (KO)

    Certified Advisory Corp Buys Shares of 7694 The Coca-Cola Company (KO)

    Business

    The stock decreased 1.90% or $1.17 during the last trading session, reaching $60.36. Volume is simply the number of shares traded during a specified time frame (e.g., hour, day, week, month, etc). The Company kept 430.58M Floating Shares and holds 431M shares outstanding. MYnd Analytics, Inc. operates as a predictive analytics company. Veritas Inv Llp accumulated 3,000 shares or 0.02% of the stock.
  • Panera Bread expands delivery service nationwide

    Panera Bread expands delivery service nationwide

    Business

    Panera Bread announced on Tuesday, the expansion of the restaurant's national delivery service to include Greenville and Spartanburg locations. Get the freebie with any purchase for delivery using coupon code PANERADELIVERS at checkout. In test markets, he said the company is seeing anywhere from an additional $5,000 to $7,500 a week in delivery sales, tallying up to as much as 10 percent increase in store revenues.
  • Smoke forces passengers to evacuate plane in Denver

    Smoke forces passengers to evacuate plane in Denver

    Business

    AJ Davidson, who said he was on the plane, told 9NEWS as soon as the plane landed it began to fill with smoke. Scariest thing. After landing fumes through the vents and fire. "The security of Delta's staff and team is our top priority, and we apologize for its stress this case has generated", claimed a airline spokesman.
  • Bitcoin Futures Advent May Have Caused BTC's Price Plunge

    Bitcoin Futures Advent May Have Caused BTC's Price Plunge

    Business

    The Chicago futures market was the reason for such tremendous losses. Well, the Federal Reserve Bank of San Francisco (FRBSF) recently released a paper saying it's no coincidence with Bitcoin Futures Trading being involved, it had a direct influence on the price decline ever since.
  • Wiregrass women come together for National Women Build Week

    Wiregrass women come together for National Women Build Week

    Business

    This year's event goal is to raise $275,000 in support of Habitat for Humanity's homebuilding projects across the Greater Toronto Area. Sine 2003 the home improvement company has committed more than $63 million to Habitat which helped almost 6,500 families improve their living conditions.
  • Survey Says 1-in-5 US Drivers Want an EV

    Survey Says 1-in-5 US Drivers Want an EV

    Business

    A new AAA study-conducted before the recent gas-price increases-reveals that one in five Americans is interested in an electric vehicle for their next purchase. These figures are 9% down from 2017's survey results. "Our evaluations are created to help drivers select a safe, comfortable and reliable vehicle - not just the most efficient one".
  • Oil above $70 for first time since 2014

    Oil above $70 for first time since 2014

    Business

    Crude prices pared losses that earlier on Tuesday ran as deep as 4 percent after U.S. President Donald Trump said the United States will withdraw from the Iran nuclear deal, while the dollar edged off fresh 2018 highs. With landing cost of petrol put at N171 per litre, the Nigerian National Petroleum Corporation (NNPC) incurred N37 on each litre of fuel at a depot price of N133.80, leading to a daily subsidy of N2.046billion for 55million litres.
  • Z and Eminem are reportedly suing the Weinstein Company

    Z and Eminem are reportedly suing the Weinstein Company

    Business

    Jay-Z claims he is owed $480,000 for two projects on which he is named executive producer - Time: The Kalief Browder Story, and the forthcoming Rest in Power: the Trayvon Martin Story - though the Weinstein Company disputes it owes money to him for the former, according to The Guardian .
  • Audi recalls 60000 cars over software glitch

    Audi recalls 60000 cars over software glitch

    Business

    Audi's admission came after the German Transport Ministry said it was investigating suspicions that the carmaker had installed a new illegal defeat device in some tens of thousands of A6/A7-model vehicles worldwide, around half of them on German roads.
  • US Treasury to reimpose sanctions on Iranian energy, shipbuilding sectors

    US Treasury to reimpose sanctions on Iranian energy, shipbuilding sectors

    Business

    Mnuchin said that licenses for Boeing Co and Airbus to sell aircraft and components to Iran will be revoked as a result of the reimposed sanctions on Tehran. It has delivered three planes so far, the first new aircraft acquired by Iran in 23 years. "Countries seeking such exceptions are advised to reduce their volume of crude oil purchases from Iran during this wind-down period", the notice said.
  • Stocks and Oil move higher to start the week

    Stocks and Oil move higher to start the week

    Business

    Manoon Siriwan, a local energy analyst, said prices are higher than local traders earlier estimated - an average of $60-65 per barrel. However, they bounced back strongly in Asia and there is talk crude could continue rising to $80 a barrel, with gains helped by uncertainty in oil-rich Venezuela , the OPEC-Russia output cap, improving global demand and data pointing to a drop in USA stockpiles.
  • Vodafone agrees to buy Liberty Global European assets

    Vodafone agrees to buy Liberty Global European assets

    Business

    USA billionaire John Malone's Liberty Global is looking to sell its German cable group Unitymedia in Germany, as well as its smaller businesses in Hungary, Romania and the Czech Republic. Vodafone expects the deal to create a "national challenger" in Germany to Deutsche Telekom, now the dominant player in this market. Even together, Liberty Global and Vodafone, whose cable networks don't compete or overlap, will be half the size of the incumbent operator.
  • Technology shares lead Wall Street rally

    Technology shares lead Wall Street rally

    Business

    Brent crude, the worldwide standard, gained $1.05, or 1.4 percent, to $75.92 a barrel in London. At 7:15 a.m. ET, Dow e-minis were up 87 points, or 0.36 percent. Microsoft rose 1.1 percent and Bank of America climbed 1.2 percent. BOND YIELDS: Bond prices were little changed. CURRENCIES: The dollar rose to 109.30 yen from 109.11 yen on Friday.
  • Walmart Wins Over Amazon In $15 Billion Flipkart Battle

    Walmart Wins Over Amazon In $15 Billion Flipkart Battle

    Business

    While Flipkart has absorbed billions of dollars of investor money to rapidly grow its business, its main bait has been deep discounts. Japan's SoftBank Group (9984.T), which owns roughly a fifth of Flipkart through its Vision Fund, is expected to completely exit, Reuters has previously reported.
  • Statement of Commissioner Michael S. Piwowar

    Statement of Commissioner Michael S. Piwowar

    Business

    Republican SEC Commissioner Michael Piwowar's Monday announcement that he will resign his position on July 7 could throw a wrench into the progress - or not - of the agency's recently released standards of conduct proposal for brokers and advisors.
  • Virgin Money UK (VM) Trading Up 9.9%

    Virgin Money UK (VM) Trading Up 9.9%

    Business

    Virgin Money said on Monday that it had received an all-stock takeover offer from rival CYBG Plc , a proposal that values the British lender at about 1.6 billion. CYBG , which owns Clydesdale and Yorkshire Bank , also rose, by 1.1 per cent. About 11.49 million shares traded or 329.67% up from the average. In their 2017 annual results Virgin reported gross mortgage lending of £8.4bn (around 3% market share) while CYBG grew its lending to £5.5bn for approximately 2.1% market share.
  • United Kingdom to dispose of wet wipe menace

    United Kingdom to dispose of wet wipe menace

    Business

    Thousands of wipes are flushed down toilets, causing blockages in sewage systems and even changing the shape of the River Thames. The BBC reported that wet wipes were behind 93 per cent of blockages in UK sewers, according to Water UK , the organisation representing water and sewerage companies.
  • Big Money in Coca Cola Co (NYSE:KO), Sentiment at 0.91

    Big Money in Coca Cola Co (NYSE:KO), Sentiment at 0.91

    Business

    About 5.91M shares traded. The Coca-Cola Company ( NYSE: KO ) has grabbed attention from the analysts when it experienced a change of 0.55% in the last trading session to close at $43.98. Cook & Bynum Capital Management Llc owns 915,200 shares or 30.67% of their U.S. portfolio. Investec Asset Mngmt Limited stated it has 717,382 shares or 0.14% of all its holdings.
  • Nebraska members of Congress support Trump on Iran

    Nebraska members of Congress support Trump on Iran

    Business

    A Jewish advocacy group supports the USA move to withdraw from the Joint Comprehensive Plan of Action, known as the Iran nuclear deal , as it failed to suppress Iran's global support for terrorism and its programs to develop nuclear warhead and missile technology to spread terror globally.
  • Last Week Derwent London Plc (LON:DLN) Ratings

    Business

    The stock has "Underweight" rating by JP Morgan on Friday, November 17. The stock of esure Group plc (LON:ESUR) has "Hold" rating given on Tuesday, August 11 by Canaccord Genuity. The company has market cap of 23.24 billion GBP. The Personal Care segment offers skincare and haircare products, deodorants, and oral care products.