Business

Business United States stocks flat but retail sales lift dollar
Author: 0 United States stocks flat but retail sales lift dollar

A broader retail sales measure that includes cars and building materials rose 2.5 percent in June from May and 4.4 percent from a year earlier. Kleinhenz noted that rising home values are encouraging home-improvement spending and home-related retail purchases.

Business API Reports 9.16 Million Barrel Inventory Draw, WTI Oil Price Edges Higher
Author: 0 API Reports 9.16 Million Barrel Inventory Draw, WTI Oil Price Edges Higher

October Brent crude on London's ICE Futures rose 0.5% to $51.06. -If the Energy Information Administration's release confirms API's finding, Nymex futures could move back to $50, says OM Financial's Stuart Ive. Still, analysts and traders worry that USA output could undermine efforts to cut production. International Energy Agency (IEA) in its monthly oil market report indicated that it is not just Libya and Nigeria but the participating countries have produced nearly 470,000 barrels of ...

Business Son backs Flipkart in duel vs Amazon
Author: 0 Son backs Flipkart in duel vs Amazon

Flipkart has also raised capital from three other companies - Tencent , eBay and Microsoft . The fresh round of investment could make SoftBank the largest investor in Flipkart and reduce the influence of Tiger Global, whose representative Kalyan Krishnamurthy is Flipkart's CEO.

Business Toshiba wins auditor sign-off, likely avoiding delisting for now
Author: 0 Toshiba wins auditor sign-off, likely avoiding delisting for now

On Thursday, Toshiba handed its financial results for the business year ended March 2017 to the Kanto Local Finance Bureau after missing the original deadline in June. PwC and Toshiba declined to comment. "But I am confident we can conclude a deal before the end of March 2018, and will do whatever necessary toward that goal".

Business Woman Accused of Kidnapping 3-Year-Old Daughter to Face Judge
Author: 0 Woman Accused of Kidnapping 3-Year-Old Daughter to Face Judge

Police were able to ping Rickheit's phone and discovered that it was last in the Charlton area before being powered off. Both tested positive for elevated levels of carbon monoxide at the hospital, Pashou said. The report said that her head and upper body were covered by a blanket and that she woke up when a trooper took her out of the auto. Rickheit was taken to St.

Business NEXT plc (LON:NXT) Receives Average Recommendation of
Author: 0 NEXT plc (LON:NXT) Receives Average Recommendation of "Hold" from Analysts

The rating was reinitiated by PiperJaffray on Friday, December 16 with "Overweight". N+1 Singer maintained the stock with "Buy" rating in Wednesday, October 5 report. Castine Management Lc holds 1.42% or 140,687 shares in its portfolio. Moreover, Commerzbank Aktiengesellschaft Fi has 0.35% invested in NextEra Energy Inc (NYSE:NEE) for 198,925 shares.

Business AAA: Gas prices continue to rise
Author: 0 AAA: Gas prices continue to rise

According to GasBuddy historical data, gasoline prices on August 7 in IN have ranged widely over the last five years: $2.03/g in 2016, $2.40/g in 2015, $3.38/g in 2014, $3.58/g in 2013 and $3.90/g in 2012. In nearby San Bernardino, the average cost of fuel was $2.86 per gallon and in Riverside, it was $2.91 per gallon. Kansas City, Kan. and Lawrence led the way with 10-cent increases, while Manhattan, Salina and Topeka each rose only one cent from last week.

Business Chicago to sue Justice Department over 'sanctuary city' status
Author: 0 Chicago to sue Justice Department over 'sanctuary city' status

Yet despite such pressing issues facing the city, Mayor Rahm Emanuel has made a decision to focus on keeping Chicago's sanctuary city status safe. "In 2016, more Chicagoans were murdered than in New York City and Los Angeles combined", Devin O'Malley, the spokesman, said in an email. But one supporter of the lawsuit, Gilbert Villegas, an alderman who is chairman of the City Council's Latino Caucus, said there was "potential for that issue to creep into other grants" if it went ...

Business Injured in Dolores Park Shooting
Author: 0 Injured in Dolores Park Shooting

A second later, one man pulled a handgun and rapidly fired six or seven shots, he said. He says he escaped with only an injury, possibly from "shrapnel", to his leg. " Literally, the people were behind (the statue) in the middle of the day, the middle of the park, packed with kids, packed with people ". "It was a terrifying, mostly because people weren't reacting", she added.

Business Qatar Airways drops bid to buy stake in American
Author: 0 Qatar Airways drops bid to buy stake in American

Qatar Airways chief executive, Akbar Al Baker , said: "This codeshare agreement between Qatar Airways and LATAM Airlines Brazil further strengthens the ties between Brazil and Qatar". Delta Air Lines , Air France-KLM Group and China Eastern Airlines have recently announced plans to forge such alliances. Qatar Airways is to increase its services from its Doha hub to Vietnam from the start of 2018.

Business Australian Dollar Rises After Chinese PMI Beats, RBA on Deck
Author: 0 Australian Dollar Rises After Chinese PMI Beats, RBA on Deck

He said Dr Lowe's statement "effectively says that a stronger Australian dollar amounts to a de facto monetary policy tightening which threatens the RBA's growth forecasts". Despite the bank's concern over recent strength in the Australian dollar, the broader economy has improved in recent months. Higher commodity prices, weak USA dollar, and the lingering belief that RBA might turn hawkish with its policy, are what keeping the Aussie strong.

Business Apple supplier Foxconn plans a factory in Wisconsin
Author: 0 Apple supplier Foxconn plans a factory in Wisconsin

Trump was quoted saying that, if he didn't get elected, Gou would not have invested $10 billion in the upcoming project. "They have to perform and provide what they say they're going to provide, so there are going to be checkpoints before they get anything", said 96th Assembly District State Representative Lee Nerison.

Business Here's what we know about Tesla's Model 3
Author: 0 Here's what we know about Tesla's Model 3

Two variants of the Model 3 will be offered - standard and Long Range . The CEO of Tesla handed over the first 30 Tesla Model 3 cars to its employees. PERFORMANCE: The base model goes from 0-60 miles per hour (96.5 kph) in 5.6 seconds and has a top speed of 130 mph (209 kph). A long-range battery that allows 310 miles or range and a top speed of 140 mph is available for $9K.

Business The FDA's New Mission to Lower Nicotine in Cigarettes
Author: 0 The FDA's New Mission to Lower Nicotine in Cigarettes

The FDA has not said what level of nicotine it is aiming for. Shares of British American Tobacco , the maker of Camel and Newport cigarettes, slid almost 7% in London on the news. Until now, US health officials have stuck with an abstinence-only message to the public. They dropped from about 17 percent in 2014 to 15 percent in 2015, and held about steady at that level past year.

Business Aso announces emergency tariffs of 50% on imported frozen beef from Aug
Author: 0 Aso announces emergency tariffs of 50% on imported frozen beef from Aug

Under World Trade Organization rules, Japan can introduce such safeguard tariffs when imports rise more than 17 percent year-on-year in any given quarter. Imported frozen beef is mainly used for processed foods such as hamburgers and beef bowls and could lead to hikes in consumer prices. According the Wall Street Journal , this is the first time that such a tariff has been instituted on USA beef in 14 years.

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