Business

Business Rising demand for USA corn, soybeans no match for massive supplies
Author: 0 Rising demand for USA corn, soybeans no match for massive supplies

CDT (1330 GMT) on Tuesday. "The USDA keep surprising us", said one India-based commodities analyst. "We were expecting farmers to have abandoned large areas planted with spring wheat in the United States". CBOT soybean futures fell back after climbing on Friday, weakened partly by a stronger dollar. November soybeans closed 7 3/4 cents lower, pressured by favorable weather in South America and lighter export demand than the previous week.

Business European Union Stepping Up Tax Battles Vs. Amazon And Apple
Author: 0 European Union Stepping Up Tax Battles Vs. Amazon And Apple

The European Commission will tomorrow hit Amazon with a bill for hundreds of millions of euros of back taxes in the latest example of the EU's crackdown on tax avoidance by multinational companies. Amazon did not immediately respond when asked for comment. However, Amazon said it "has received no special tax treatment from Luxembourg". The commission at the time said it questioned the methodology used to calculate that royalty, which it described as "cosmetic", and said Luxembourg's tax ...

Business GoFundMe created for Las Vegas shooting victims
Author: 0 GoFundMe created for Las Vegas shooting victims

As previously reported , the shooting took place on Sunday evening during the Route 91 Harvest Festival in Las Vegas while country star Jason Aldean was performing . The death toll from the tragedy in Las Vegas is up to 59 and the number of people injured is 527. You can also donate money to the National Compassion Fund here, which will donate 100% of funds raised directly to victims.

Business Analysts' Review under Consideration: Endocyte Inc (ECYT)
Author: 0 Analysts' Review under Consideration: Endocyte Inc (ECYT)

Endocyte Inc . ( Endocyte ) is a biopharmaceutical company. On Monday, October 2 the stock rating was maintained by Cowen & Co with "Hold". (NASDAQ: ECYT ). Endocyte, Inc . (NASDAQ: ECYT ) last traded at $5.50 seeing a daily low of $5.25 and a high of $6.55. (NASDAQ: ECYT ). Royal National Bank & Trust Of Canada stated it has 98,140 shares or 0% of all its holdings.

Business Ford creates Team Edison group to turbocharge its electric vehicle program
Author: 0 Ford creates Team Edison group to turbocharge its electric vehicle program

Since taking over, Hackett has signed off on a series of moves, including a plan to shift production of Ford Focus compact cars from MI to China. But Ford doesn't expect electric cars to take over any time. He said the team's goal was to " move fast and think big and really grow the BEV offerings from Ford ". The slow-selling Ford Fusion midsize sedan can now be ordered in 35,000 combinations of features, colors and powertrain options.

Business Wife of SFPD Officer Among Dead in Las Vegas Massacre
Author: 0 Wife of SFPD Officer Among Dead in Las Vegas Massacre

Al Etcheber was en route to Las Vegas on Monday to help his brother search for her, and wanted to drive rather than fly so that he could remain in contact with his brother, he said. Al Etcheber was eager to share his sister-in-law's photo. "They have two great kids, involved in sports - football, volleyball soccer". They have been married for 13 years.

Business Zogenix, Inc. (ZGNX) 221.02% off from 200- SMA
Author: 0 Zogenix, Inc. (ZGNX) 221.02% off from 200- SMA

Through this figure traders can analyze that BIDU show whether or not a stock now most active and standing in buying side or sell side. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative.

Author: 0 Yahoo Says 3 Billion User Accounts Were Hacked, Upping Previous Estimate

In a statement, the company said that it recently obtained "new intelligence" during Yahoo's and Verizon's integration that "all Yahoo user accounts" were affected by the August 2013 security breach. That number just tripled after an alert from Yahoo on Tuesday. Yahoo has never said that they identified the source of the hack, however as Bloomberg reminds us, the original hack was discovered by internet security expert Andrew Komarov, who had observed Yahoo's dataset being sold on the dark ...

Business Publix-branded ground turkey recalled
Author: 0 Publix-branded ground turkey recalled

Ground turkey shipped to stores in Florida, including Publix, may contain metal shavings, according to the U.S. Department of Agriculture. The recalled items have the establishment number "P-22000". The problem was discovered last Wednesday when FSIS was notified by plant employees as they were cleaning processing equipment. As of this writing, there are no reports of injury from consuming the product.

Author: 0 Stock Roundup: Frontier Communications Corporation (FTR)

The mean target price as estimated by the analysts for the company has been recorded at $19.48. Several other hedge funds and other institutional investors also recently made changes to their positions in FTR . FTR's latest closing price was -58.77% away from the average-price of 200 days while it maintained a distance of -13.25% from the 50 Day Moving Average and -6.77% away compared to its SMA 20.

Business Wells Fargo boss makes case for his own dismissal
Author: 0 Wells Fargo boss makes case for his own dismissal

Warren also pointed to other statements in which Sloan defended the sales practices and culture of Wells Fargo as proof that the CEO was not credible as an agent of change for the bank. "The changes Mr. Sloan and his team have made are not sufficient to reform a corporate culture that is willing to abuse its customers and employees in an effort to pad its numbers and increase executive compensation", Sen.

Business Wall Street hits another record high; Ford, GM higher
Author: 0 Wall Street hits another record high; Ford, GM higher

The ratio also provides a clue to how much investors are paying for what would be left if the company went bankrupt immediately. Kelman Lazarov Inc. bought a new stake in Ford Motor during the second quarter valued at approximately $116,000.

Business Nearly 250 jobs to go as Britvic closes its Robinsons factory
Author: 0 Nearly 250 jobs to go as Britvic closes its Robinsons factory

The proposal has been approved by Britvic's board for consultation with employees. Britvic said it has informed the facility's co-owner, Unilever . It said one of the choices considered in the audit would "incorporate the potential conclusion of our Norwich processing plant". The Unite national officer Rhys McCarthy said: "This is very painful news for our members and their families at Britvic and we will be giving the maximum support to our members at what is a very hard time in the days ...

Business FCA recalling 710000 SUVs for reduced braking
Author: 0 FCA recalling 710000 SUVs for reduced braking

Affected vehicles are model year 2011-2014 Dodge Durango and Jeep Grand Cherokee SUVs. The shields are created to protect the boosters from water intrusion. The automaker indicated that owners of affected vehicles may experience a firmer brake pedal feel than normal, a warning light, or the anti-lock braking system may activate.

Business Toyota ends auto production in Australia
Author: 0 Toyota ends auto production in Australia

It said it meant to produce 61,000 cars by the year's end - 26,000 for the domestic market and 34,000 to be sent overseas. "Toyota is the last passenger vehicle manufacturer to close its doors in Victoria - this really is the end of an era".

Business Couple Fleeces Amazon of $1.2M in Goods Using Stolen IDs
Author: 0 Couple Fleeces Amazon of $1.2M in Goods Using Stolen IDs

They then reported the items as damaged or missing to Amazon , which would then ship out a replacement. By claiming the electronics they ordered had shown up damaged, the couple scored GoPro cameras, Xbox game consoles, Samsung smartwatches, and Microsoft Surface tablets by creating hundreds of fake online identities to hide their crimes.

Business Walmart acquires NYC delivery service Parcel
Author: 0 Walmart acquires NYC delivery service Parcel

Parcel is a 24/7 operation that delivers packages the same day, overnight and in scheduled two-hour windows. Parcel also sends live package updates via text message to the merchant and recipient, informing them of the location of the package through the last mile of delivery.