Archive | Money

First operational 'Arrow 3' interceptor missiles delivered to IAF

The Arrow 3 is meant to shoot down ballistic missiles while they are still in space. Israeli officials said IMDO would continue to work with the...

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Chelsea Manning to be freed this May

Manning had been serving a 35-year sentence in a maximum security prison after releasing information that pointed to potential crimes under worl...

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Bought milk? Deadline to claim share of $52M settlement nears

Large-scale purchasers may receive between $140-$560, according to the website. The payouts will vary depending on the number of claims submitte...

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Morgan Stanley (MS) Q4 Earnings Beat Driven by Higher Trading

FineMark National Bank & Trust increased its position in shares of Morgan Stanley by 2.0% in the second quarter. It also came in above Wall Stre...

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Sharp inflation rise sparks fears of consumer slowdown

United Kingdom inflation reached its highest level in more than two years at the end of 2016 on air fares and food prices. ONS head of infla...

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If you need a job, Walmart will be hiring - 10000 people

It has made similar grants in previous years, without mentioning USA job counts. Wal-Mart Stores Inc. P/E (price to earnings) ratio is 14.58 and...

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Oil Prices Will Be Much More Volatile in 2017: IEA

But global oil production remains high and, with inventories near record levels in many areas, investors doubt that OPEC and its allies can trim...

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BAT buys rest of Reynolds for R670bn

America is the second-largest cigarette market after China and the deal will enable BAT to consolidate its business in the lucrative market wher...

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Tom Price nomination: Trump pick accused of insider trading

Donald Trump's nominee to be the country's next health care czar invested a year ago as much as $90,000 in six pharmaceutical companies shortly...

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Ray-Ban owner makes $50 billion glasses deal

The merged company will be co-run with Essilor's boss Hubert Sagnieres. Luxottica is known for making luxury-brand frames for companies th...

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International Monetary Fund trims India's GDP growth forecast by 1%

One potential issue is more protectionist U.S. trade measures and possible retaliatory responses from other governments. A potential widening of...

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Who Are the 8 Richest People? All Men, Mostly Americans

Oxfam did the math and figured out that the eight richest men in the world have as much wealth as 3.6 billion people, half the population of t...

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Retail sales jump in December on strong auto and online shopping

On a month-on-month and seasonally adjusted basis, total retail sales rose 0.5 percent in November after a revised 1.8 percent increase in Octob...

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Renault to be probed over diesel emissions say French prosecutors

Following a massive emissions scandal involving Germany's Volkswagen, independent French experts found dangerously high levels of emissions ...

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Mexican president: 'Of course' we won't pay for Trump's wall

At his turbulent his news event last Wednesday (I won't dignify it by calling it a news conference), Trump reiterated that he will build a wall ...

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'Don's Johns' name on inauguration porta-potties found covered with tape

President-elect Donald Trump may have promised to reduce the amount of red tape in use in Washington, D.C., but one week before he is set to be ...

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Amazon plans to bring 2500 new jobs to New Jersey

In its press release, Amazon said that the additional 100,000 new jobs would be open to people all over the country and with different types of ...

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National Football League makes Steelers-Chiefs a night game due to ice storm warning

Bell also had a monster game against the Dolphins . This is just the second time the Steelers have had Ben, Brown, and Bell all healthy ...

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Iran welcomes Airbus as first post-sanctions airliner

Today the aircraft, an A321 (EP-IFA), was flown to Tehran's Mehrabad International Airport. Transport Minister Abbas Akhoundi told reporters a...

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Three large USA banks post Q4 earnings

Deutsche Bank AG reissued a buy rating and issued a $50.00 price target (down previously from $59.00) on shares of Wells Fargo & Company in a ...

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Bank of America Corporation (NYSE:BAC), Sphere 3D Corp. (NASDAQ:ANY)

In Bank of America Corp (NYSE:BAC)'s last 12 earnings reports, it has beaten EPS estimates 75% of the time. JPMorgan Chase announced record pr...

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Takata pleads guilty in airbag scandal, fined $1 billion

All three executives were longtime employees of Takata until their departure in 2015. The criminal resolution with the Japanese air bag make...

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Modi-fication of Khadi calendar unites Opposition, PMO dismisses row

Here are some humble suggestions from our side. "It is not compulsory and there is no rule [on having Gandhi's image]", he said. Your leadersh...

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Volkswagen settles with U.S. authorities

It is unclear if the executives, all German, will be extradited or face prison time. They are mid-level engine development and quality managem...

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Amazon's new credit card for Prime members

Max Bardon, Amazon Vice President for consumer payments, said in a statement that they are adding even more value to the Prime membership by o...

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Marks & Spencer quality focus finally lifts clothing sales

During Xmas season where most of the giant retailers did better than expected, M&S stood out, finally shrugging off its clothing sales hoodoo. ...

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Ram, Jeep diesel engines may have cheated emissions tests

The company said it plans to demonstrate to the EPA that its emissions controls tools are "properly justified" and not defeat devices . "All au...

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Airbus in new delivery record

Boeing took 668 net orders last year - behind Airbus' 731 total, though both were down on the totals announced last year. "But I hope we will ...

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Lattice Semiconductor Corporation (NASDAQ:LSCC) EPS Expected At $0.11

A number of brokerages have recently weighed in on VFC. It has been assigned a low target price of $11 and a high target price of $16. According...

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American Apparel to be bought by Gildan Activewear for $88m

Gildan had planned to maintain some operations as recently as last week, but then reversed course. Bell said he expects the deal to close in ea...

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Analysts Recommendation on: Yahoo! Inc. (NASDAQ:YHOO)

Yahoo's announcement yesterday that its remaining properties would be called Altaba received similar criticism, with comments on Twitter ranging...

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US Senate to Question Tillerson on Newly Introduced Russia Sanctions Bill

However, no Republicans now back the bill, so its prospects are dim, given Republican control of both houses of Congress. A House of Representat...

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Takeda to expand cancer business with Ariad deal

According to their predictions High & Low revenue estimates are 58.8 Million and 42.5 Million respectively. "Whether the premium of over 70 pe...

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Jeremy Corbyn calls for salary cap on Britain's highest earners

Asked about suggestions from shadow Brexit secretary Sir Keir Starmer and backbenchers Emma Reynolds and Stephen Kinnock , Mr Corbyn told G...

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Wal-Mart Stores, Inc. (NYSE:WMT) , Barnes & Noble, Inc. (NYSE:BKS)

P/E (price to earnings) ratio is 14.92 and Forward P/E ratio of 15.84. Legal & General Group Plc raised its stake in Wal-Mart Stores by 2.6% in ...

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