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Family of Australian woman killed by Minneapolis officer sues

The family of an Australian woman who was killed by a former Minneapolis police officer last year after she called 911 to report a possible assault filed a lawsuit Monday alleging the officer was unfit for duty and conspired with his partner to hide what really happened.

  • Finance
    InvestorPlace

    Pfizer Layoffs: Company to Offer Early Retirement Deals Ahead of Cuts

    A new round of Pfizer layoffs (NYSE:PFE) has been announced by the pharmaceutical giant as the company is seeking to offer early retirement deals to some of its workers before gearing itself to carry out jobs cuts this year. “As we prepare for growth we are creating a simpler more efficient structure which will affect some managerial roles and responsibilities.

  • A former GE exec who trained new managers found that almost all of them were making the same mistake
    Business
    Business Insider

    A former GE exec who trained new managers found that almost all of them were making the same mistake

    Beth Comstock is the former vice chair of General Electric. Comstock would hand out "permission slips" authorizing employees to take risks — but she also said it's important for people to stop hiding behind their excuses. Beth Comstock doesn't tolerate excuses.

  • Ken Langone: 'Who the hell in their right frame of mind would be buying bonds now?'
    Business
    Yahoo Finance

    Ken Langone: 'Who the hell in their right frame of mind would be buying bonds now?'

    Billionaire investor and philanthropist Ken Langone, the founder of The Home Depot (HD) and chairman of Invemed Associates, argued that there’s some “big time” structural problems in the market right now. Because if we are on a trajectory of raising rates that means, and if it keeps going that way and I don’t know how high it will go, and it keeps going that way then all the sudden the guy who bought those bonds is going to be looking at a fairly decent loss,” Langone said.

  • Facebook under fire as US officials back removal of Zuckerberg as chairman
    Business
    The Telegraph

    Facebook under fire as US officials back removal of Zuckerberg as chairman

    Mark Zuckerberg came under fresh pressure after four US officials called for a boardroom shakeup at Facebook. Three state treasurers and a top official from New York have joined a shareholders’ motion to install an independent chairman at Facebook, claiming the move would improve governance and accountability. In June, Boston-based Trillium Asset Management, which holds $11m in Facebook shares, launched an effort to split the role of chairman and chief executive at Facebook following scandals over the hacking of personal data from millions of users and claims of hate speech and election-rigging.

  • Business
    Benzinga

    Q3 Earnings Outlook For Nucor Corporation

    Nucor Corporation (NYSE: NUE) announces its next round of earnings this Thursday, Oct. 18. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement. Earnings and Revenue Based on management's projections, Nucor analysts model

  • Employee Accused of Urinating on Production Line at Food Processing Facility
    Business
    WTKR - Norfolk

    Employee Accused of Urinating on Production Line at Food Processing Facility

    Smithfield Foods, Inc. said in a statement Tuesday that it disposed of more than 50,000 pounds of product after reports of an employee urinating at his station at the company’s processing facility in Virginia.

  • Ford (F) Dips More Than Broader Markets: What You Should Know
    Business
    Zacks

    Ford (F) Dips More Than Broader Markets: What You Should Know

    Ford (F) closed the most recent trading day at $8.76, moving -0.45% from the previous trading session. This change lagged the S&P 500's daily loss of 0.03%. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq lost 0.04%.Heading into today,

  • Pot Stocks Tumble in First Hours of Canada’s Legal Weed Market
    Business
    Bloomberg

    Pot Stocks Tumble in First Hours of Canada’s Legal Weed Market

    (Bloomberg) -- Canada’s Green Day started in the red for stocks looking to benefit from the country’s legalization of recreational marijuana. By the end of the day, a few advancers emerged from the downdraft.Pyxus International Inc. and Green Organic

  • Business
    Benzinga

    A Preview Of Bank Of New York Mellon's Q3 Earnings

    Bank of New York Mellon (NYSE: BK) releases its next round of earnings this Thursday. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report. Earnings and Revenue Bank of New York Mellon EPS is expected to be around

  • Sears soars 36% — one day after filing for bankruptcy (SHLD)
    Business
    Business Insider

    Sears soars 36% — one day after filing for bankruptcy (SHLD)

    The retailer received approval on Tuesday to access a $300 million loan to keep it afloat during bankruptcy. Sears Holdings soared as much as 124% — one day after filing for bankruptcy — as the embattled retailer received approval to access a $300 million loan to keep it afloat during bankruptcy.

  • Advanced Micro Devices (AMD) Q3 Earnings Preview: Here's What to Look Out For
    Business
    Zacks

    Advanced Micro Devices (AMD) Q3 Earnings Preview: Here's What to Look Out For

    Advanced Micro Devices (AMD) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2018. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 24, 2018, might help the stock move higher if these key numbers are better than expectations.

  • Business
    CNBC

    Cramer: Alphabet and Amazon, my largest trust holding, can still be bought after Netflix beat

    CNBC's Jim Cramer checks in on FAANG after Netflix's earnings beat to see how shares of the technology giants are holding up. Alphabet and Amazon's stocks look "ripe to buy" after the recent sell-off, the "Mad Money" host says. CNBC's Jim Cramer has spotted some attractive buying opportunities in FAANG — his acronym for the stocks of Facebook FB , Amazon AMZN , Apple AAPL , Netflix NFLX and Google, now Alphabet GOOGL — after the market's latest sell-off.

  • Finance
    InvestorPlace

    Kinder Morgan Stock Slides on Q3 Revenue Miss

    Kinder Morgan (NYSE:KMI) stock was falling slightly after hours Wednesday as the company reported its latest quarterly earnings results late in the day, which included earnings that came in ahead of what analysts were calling for, but the company’s revenue was below Wall Street’s expectations. For its third quarter of fiscal 2018, the natural gas company posted earnings of $732 million, which came in at about roughly 31 cents per share. In the year-ago quarter, Kinder Morgan posted adjusted earnings of 15 cents per share.

  • Better Buy: The Home Depot, Inc. vs. Lowe's
    Business
    Motley Fool

    Better Buy: The Home Depot, Inc. vs. Lowe's

    Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) have helped countless homeowners increase the value of their homes. They've also made many investors rich. With their shares having soared 879% and 484%, respectively, over the past decade, Home Depot and Lowe

  • Why American Airlines Group Stock Jumped 6% -- Then Gave Most of It Back
    Business
    Motley Fool

    Why American Airlines Group Stock Jumped 6% -- Then Gave Most of It Back

    Shares of American Airlines Group (NASDAQ: AAL) popped 6.4% in early trading Wednesday before retracting to close the day up less than 1% -- just 0.9%, to be precise. An upgrade assigned to the stock by Deutsche Bank appears to be the primary reason for the move. A Deutsche Bank analyst upgraded American Airlines stock from "hold" to "buy" on Wednesday, as we're told by our friends at StreetInsider.com.

  • Home Depot Stock Falls 4.5% on Credit Suisse’s Downgrade
    Finance
    Market Realist

    Home Depot Stock Falls 4.5% on Credit Suisse’s Downgrade

    Home Depot Stock Falls 4.5% on Credit Suisse’s Downgrade Credit Suisse’s downgrade Today, CNBC reported that Credit Suisse downgraded Home Depot (HD) stock from “outperform” to “neutral.” Credit Suisse lowered its price target from $222.00 to $204.00

  • Housing Stocks Tumble Midday; Home Depot Dents Dow
    Finance
    Investing.com

    Housing Stocks Tumble Midday; Home Depot Dents Dow

    Investing.com - Home Depot (NYSE:HD) and other housing-leveraged stocks fell in midday trading following disappointing data on home construction. Home Depot fell about 4.2% at 12:08 PM ET (16:08 GMT) and was a drag on the Dow Jones Industrial Average

  • Trump: Stormy Daniels, Michael Avenatti must pay my legal fees
    Politics
    Fox Business Videos

    Trump: Stormy Daniels, Michael Avenatti must pay my legal fees

    President Trump says he expects Stormy Daniels and her lawyer, Michael Avenatti, to abide by a judge’s ruling to pay his legal fees. The full interview will air on "Trish Regan Primetime" at 8 p.m. ET on the FOX Business Network.

  • Business
    Benzinga

    KeyCorp's Q3 Earnings Preview

    KeyCorp (NYSE: KEY) unveils its next round of earnings Thursday. Get prepared with Benzinga's ultimate preview for KeyCorp's Q3 earnings. Earnings and Revenue Wall Street expects EPS of 45 cents and sales around $1.64 billion. KeyCorp reported a profit

  • Alibaba (BABA) Dips More Than Broader Markets: What You Should Know
    Finance
    Zacks

    Alibaba (BABA) Dips More Than Broader Markets: What You Should Know

    Investors will be hoping for strength from BABA as it approaches its next earnings release, which is expected to be November 2, 2018. On that day, BABA is projected to report earnings of $1.16 per share, which would represent a year-over-year decline of 10.08%. Investors should also note any recent changes to analyst estimates for BABA.

  • AT&T (T) Q3 Earnings Preview: How Are Events Shaping Up?
    Business
    Zacks

    AT&T (T) Q3 Earnings Preview: How Are Events Shaping Up?

    The market expects AT&T (T) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2018. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 24.

  • Alcoa (AA) Tops Q3 Earnings and Revenue Estimates
    Business
    Zacks

    Alcoa (AA) Tops Q3 Earnings and Revenue Estimates

    Alcoa (AA) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.25 per share. This quarterly report represents an earnings surprise of 152%. Alcoa, which belongs to the Zacks Metal Products - Distribution industry, posted revenues of $3.39 billion for the quarter ended September 2018, surpassing the Zacks Consensus Estimate by 0.92%.

  • GE to pay penalty if falls short of French job pledges: ministry
    Business
    Reuters

    GE to pay penalty if falls short of French job pledges: ministry

    General Electric's new CEO told France's finance minister on Wednesday that it would stick to his predecessor's French job pledges or pay a penalty, the Finance Ministry said. Former CEO John Flannery warned French Finance Minister Bruno Le Maire in June that the target was "out of reach", and the government raised the possibility of fines worth 50,000 euros ($57,570) for each job not created. GE's new CEO Larry Culp, who took up his post at the start of the month, told Le Maire in a meeting on Wednesday that France remained a strategic country for the company, the ministry said in statement.

  • Nvidia (NVDA) Dips More Than Broader Markets: What You Should Know
    Business
    Zacks

    Nvidia (NVDA) Dips More Than Broader Markets: What You Should Know

    Heading into today, shares of the maker of graphics chips for gaming and artificial intelligence had lost 9.29% over the past month, lagging the Computer and Technology sector's loss of 4.86% and the S&P 500's loss of 3.08% in that time. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.25 billion, up 23.44% from the year-ago period. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

  • Where Will NVIDIA Be in 5 Years?
    Business
    Motley Fool

    Where Will NVIDIA Be in 5 Years?

    At one time, NVIDIA (NASDAQ: NVDA) floated under the radar in the technology sector. Its graphics processing units (GPUs) were then niche tech products that appealed mainly to graphic artists and hardcore PC gamers, but that all changed over the last