Suicide attacks targeting Iraqi Shi'ite Muslims kill at least 60, including pilgrims in Baghdad. Sarah Toms reports.
Donald Trump disbanded his two business advisory groups on Wednesday, after a flurry of members quit following his remarks about the "alt-right" rally in Charlottesville, Virginia last weekend. Mr Trump's remarks caused a total of eight members of the Manufacturing council to quit, including Ken Frazier, CEO of pharmaceutical giant Merck, Brian Krzanich of computer company Intel, and Scott Paul of the Alliance for American Manufacturing.
The release of A-level results tomorrow marks the point at which hundreds of thousands of young people begin their final preparations for university. The vast majority of those students will be taking out a student loan, whether it be to cover their tuition fees, living costs or both. Graduates pay back their loan, plus interest, out of the income they earn above a certain threshold.
Minutes from the US Federal Reserve’s meeting at the end of July, published this evening, showed a debate among policymakers over the effect rate hikes would have on inflation. Some officials had argued the Federal Open Market Committee (FOMC) "could afford to be patient under current circumstances in deciding when to increase the federal funds rate further" and said it should hold off on additional adjustments until "incoming information confirmed that the recent low readings on inflation were not likely to persist". Inflation has continued to lag the Fed’s target of 2pc, last month having risen by 0.1pc to take the year-on-year consumer price index to 1.7pc, prompting some to question whether the central bank should be raising rates.
Calls were made by a travel agency company named Resort Marketing Group, Inc. offering a free cruise from several cruise lines to callers. This includes cruises from Carnival Corp (NYSE:CCL), Royal Caribbean Cruises Ltd (NYSE:RCL) and Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH). A lawsuit over the free cruise calls claims that Resort Marketing broke the Telephone Consumer Protection Act with its calls and that the cruise lines should be held accountable.
Twelve years since the disappearance of Natalee Holloway during a high school graduation trip to Aruba made headlines around the world, there may be a new lead in the case.
(An Etihad Airbus A380.Etihad) Etihad Aviation Group holds equity stakes in seven airlines. Two of them, Air Berlin and Alitalia, are now bankrupt. The CEO behind the strategy has left Etihad. But some investments have paid off. Etihad's grand plan
Aug.16 -- Former SoftBank President Nikesh Arora discusses the future of ride-hailing companies and Travis Kalanick's decision to step down as CEO of Uber Technologies Inc. He speaks with Emily Chang on Bloomberg's Studio 1.0.
U.S. telecom behemoth AT&T Inc.’s T DirecTV deceptive advertising lawsuit filed by the Federal Trade Commission (FTC) in Mar 2015, is currently on trial in the federal court. The trial became functional from this Monday with opening arguments in U.S. District Court in Oakland, CA, and is scheduled to last 20 days. FTC lawyer Jacob A. Snow clearly pointed out that 33 consumers were deceived by the company during the span of 2007-2015. As a result of sign-ups and deceptive practices, DirecTV is estimated to have made $3.95 billion.
If investing alongside whales is your thing, Bank of America Corp (NYSE:BAC) should be on your radar. Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B) is sinking its teeth into a massive position in BofA.
Union Pacific is laying off 500 managers and 250 other railroad workers to reduce costs. The cuts will eliminate about 8 percent of Union Pacific's managers. The railroad told the affected workers Wednesday that their jobs will be eliminated by mid-September. Union Pacific CEO Lance Fritz says that eliminating open positions through attrition and improving productivity isn't enough to cut costs. Most of the layoffs will be at the railroad's headquarters in Omaha, Nebraska, but they will affect Union Pacific's 23-state network. In the second quarter, Union Pacific had about 42,000 employees. Railroads have been under pressure to reduce costs because of weak growth in freight shipments overall
Attackers have been phishing developers as a way of compromising Chrome extensions into spreading affiliate program ads that scare victims into paying for PC repairs. Proofpoint researcher Kafeine has identified six compromised Chrome extensions that have been recently modified by an attacker after phishing a developer's Google Account credentials. Web Developer 0.4.9, Chrometana 1.1.3, Infinity New Tab 3.12.3, CopyFish 2.8.5, Web Paint 1.2.1, and Social Fixer 20.1.1 were compromised in late July and early August. Kafeine believes TouchVPN and Betternet VPN were also comprised in late June with the same technique. The main intent of the attack on Chrome extension developers is to divert Chrome
There have been cases of fake solar eclipse glasses being sold online. This means that those using them may suffer serious eye injury when viewing the upcoming solar eclipse. A quick way to check for fake solar eclipse glasses is to put them on.
Dear Moneyologist, I became ill suddenly and had to retire at 62. When I was divorced at 45 I had nothing. I re-grouped, saved, saved and saved, put two children through college and rose through the ranks at work. When I retired, I had two years of expenses in an emergency fund (it is still there), zero credit-card debt and have lived very frugally on my small pension and Social Security Insurance since then. When I was making six figures at work, I took out credit cards to get miles, rewards etc. I have quite a few. Because I am not using them, I am getting annual fees (I have about 10). I want to cancel these accounts because I’m wasting $1,000 a year in credit cards fees, which is sinful to
Exxon Mobil Corporation (NYSE:XOM) shares closed Tuesday at a fresh 52-week low of $78.04. XOM stock has been dead money for six months, but the past week’s slip finally pushed it into oversold territory again. Consider, for instance, the Energy Select Sector SPDR (ETF) (NYSEARCA:XLE), which is the undisputed king of energy-related funds.
Investors gave a thumbs up on Tuesday to Energy Transfer Partners LP's decision to raise as much as $1.16 billion by issuing new units. They just happened to express their enthusiasm by driving up the price of a different stock, Energy Transfer Equity LP: Energy Transfer Partners' $1 billion-plus sale of new units hammered its price but boosted its parent the day after Energy Transfer Equity is, of course, the parent of what is variously called the Energy Transfer group, complex or empire. The reason the parent's units finished Tuesday up 4 percent is the same reason Energy Transfer Partners fell by 5 percent. Therein lies another cautionary chapter in the continuing saga known as the overhaul
Many traditional retailers are closing stores and blaming Amazon for a shift to buying goods online. Amazon has announced goal of adding 100,000 full-time workers by the middle of next year. Trump has said that Amazon does not pay "Internet taxes," but it's unclear what he meant by that.
Former Lt. Gov. Betsy McCaughey weighs in on the rise of ObamaCare premiums and Sen. Bernie Sanders’ (I-VT) single-payer plan.
Yahoo Finance is tracking Amazon, Cisco and L Brands in intraday trading on Wednesday. Trump is targeting Amazon (AMZN) once again, blasting the e-commerce giant in a tweet this morning for hurting retailers and causing job losses. The attack on Twitter pushed shares of Amazon into the red ahead of the bell.
Google's diversity program discourages debate on the topic of bias and encourages employees who participate in anti-bias training to keep details of the sessions secret, according to slides for leaders and participants of one such session used by the company. The memo led to his firing and has ignited a nationwide firestorm over what he wrote and how Google management has responded. Many slides from the diversity training decks use real-world examples to explain how conversations can be unintentionally biased.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The last time I looked at Chesapeake Energy Corporation (NYSE:CHK) it was fighting to hold $5 per share. Source: Philadelphia 76ers Via Flickr Our Richard Saintvilus had called $5 an important
U.S. water managers said Tuesday there will be no water cutbacks in 2018 for millions of residents and farmers served by the Lake Mead reservoir on the Colorado River that lies behind the Hoover Dam. "The projection indicates there is no chance of shortage in 2018," said Rose Davis, spokeswoman for the U.S. Bureau of Reclamation. January water levels are expected to be 8 feet (2.5 meters) above the point that triggers a drought-shortage declaration on the lake, according to a 24-month projection by the water system management agency.
Delta Air Lines (DAL) is often considered the crème de la crème of U.S. airline stocks, to the point that the investment case for other airlines--particularly United Continental Holdings (UAL)--revolves around closing the margin gap between the two. But does Delta have a structural advantage that makes it more profitable than its peers? Bernstein's David Vernon and team think it does. In a note released today, they argue that some airports are capacity constrained--that is, there is more demand for flights than there are flights. And while this leads to higher operating costs, and more delays, it also means they can charge more for these flights. And guess which airline is most exposed--in a
You'd think last Thursday's stock market shock would have investors betting on more price swings. Traders are instead using the 44% single-day spike in the CBOE Volatility Index — or VIX — as a reason to pile into wagers that the measure will come back down. Using exchange-traded notes, they've made their exposure $393 million more bearish on the VIX over the past week, according to data compiled by financial analytics firm S3 Partners.
Tobacco giant Altria Group (MO) is expected to raise its dividend in the 7%-10% range as soon as next week. The company has a history of raising its dividend the third week in August. IHS Markit analyst Kun Pu thinks it could hike next Friday. She writes this week: Altria Group has consistently grown its quarterly dividends at least once a year for the past four decades, and we expect no exception. We project the company to declare a ~7% increase on a per share basis to $0.65 in Q3 2017. Our forecast is based on consensus earnings growth of ~8% and an expected payout range around 75-80%, in line with MO’s targeted 80%. MO has delivered, on average, a total shareholder return of ~30% via both
Like many data center hardware companies including and , NetApp's core business of selling storage hardware has weakened. Increasingly, customers are renting computing power from cloud computing businesses like Amazon Web Services and Microsoft instead of buying their own equipment. Under CEO George Kurian, NetApp has shifted to selling software subscriptions to offset declines in hardware sales.