Finance

Finance $70M Picasso painting damaged before owner, CNY's Steve Wynn, can auction it
Author: 0 $70M Picasso painting damaged before owner, CNY's Steve Wynn, can auction it

On Friday, the 1943 Pablo Picasso painting Le Marin (The Sailor ), valued at $US70 million ($93.1 million), was "accidentally damaged" at the presale exhibition of Christie's on Tuesday evening auction of Impressionist and Modern art. In 1997, Christie's auctioned " Le Marin " off for $8.8 million and then Wynn purchased the oil on canvas painting in a private deal. For the second time in twelve years, one of the artist's works has suffered damage under the ownership of the billionaire ...

Finance Tesla vehicle in Autopilot mode crashes into fire truck in Utah
Author: 0 Tesla vehicle in Autopilot mode crashes into fire truck in Utah

Police are investigating whether a Tesla sedan's semi-autonomous Autopilot feature was engaged when it rear-ended a fire department truck in Utah. Tesla did not immediately respond to inquiries from The Associated Press . Additionally, the NTSB is also looking into a 2016 accident in which the driver of a Tesla slammed into a tractor trailer and died. "This remains an active investigation and the South Jordan Police Department is now working with technicians from Tesla to gather and ...

Finance The Home Depot (HD) Received $195.04 Average Target Price from Brokerages
Author: 0 The Home Depot (HD) Received $195.04 Average Target Price from Brokerages

Nuance Investments Llc, a Kansas-based fund reported 445,006 shares. The Minnesota-based Speece Thorson Capital Group Inc has invested 1.74% in the stock. Benedict Inc has invested 0.6% in The Home Depot, Inc . HD outperformed the S&P500 by 7.39%. HM Payson & Co. boosted its holdings in The Home Depot by 88.2% during the 3rd quarter.

Finance Karnataka Polls 2018: What happens in case of a hung assembly?
Author: 0 Karnataka Polls 2018: What happens in case of a hung assembly?

The Janata Dal-Secular of former Prime Minister H.D. Dewe Gowda, which has been expected to play the role of a kingmaker in the event of a hung Assembly, was leading in 43 seats. There are 19 seats in coastal Karnataka and the BJP had performed badly in this region in 2013. It has become customary for "national" media of different persuasions to carry out their exit polls and speculate on the election results.

Finance Winklevoss Bitcoin Exchange Wins New York's Approval to Expand, Offer Zcash
Author: 0 Winklevoss Bitcoin Exchange Wins New York's Approval to Expand, Offer Zcash

Currently, Gemini only has three trading pairs: BTC/USD, ETH/USD and ETH/BTC. In addition to Zcash , Litecoin was also listed on the exchange however price action for LTC has been lackluster. What was your experience like in comparison to other exchanges you've used? Later in the letter, Winklevoss explained that part of the appeal of Zcash is a privacy-protecting feature that allows counterparties to engage in trade without knowing anything about each other .

Finance EU's Barnier: No big progress on Brexit since March
Author: 0 EU's Barnier: No big progress on Brexit since March

The European Union's chief Brexit negotiator Michel Barnier told the bloc's governments Monday that separation talks with the United Kingdom remain stalled, with disagreements ranging from the Irish border to who should rule on disputes over the withdrawal agreement.

Finance Ed Sheeran richest under 30 Entertainment 10:07 am - 10 views
Author: 0 Ed Sheeran richest under 30 Entertainment 10:07 am - 10 views

Their fortune has shot up by £ 40m in the past year thanks to money flooding in from the Beatles back catalogue and his 37-date tour. 27 year old Sheeran, who released his third album Divide to such huge success in early 2017 that all 16 tracks made the top twenty of the UK Singles Chart, has seen his wealth grow by £28 million over the last year alone, meaning he's now worth an estimated £80 million, according to the list published on Thursday (May 10th).

Finance SPDR S&P Semiconductor ETF (XSD) Declines 1.22% for May 13
Author: 0 SPDR S&P Semiconductor ETF (XSD) Declines 1.22% for May 13

Many investors may feel like they have missed out on the markets getting to where they are today. Sometimes earnings reports may be good, but the stock price does not reflect that. A level under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. If the RSI is closer to 100, this may indicate a period of stronger momentum.

Finance Kaspersky Software Use to Be Phased Out by Dutch Government
Author: 0 Kaspersky Software Use to Be Phased Out by Dutch Government

Additionally, Kaspersky Lab said it will relocate its software assembly tools - used to turn source code into software - to Switzerland by the end of 2018. The vendor claimed that before the end of this year it would start to assemble and sign products and AV databases in Zurich before distributing them around the world.

Finance 110000 choose to turn off British Gas
Author: 0 110000 choose to turn off British Gas

As such, gross revenue from this part of the business was up 37% compared to the same period past year. The UK's biggest energy supplier had its busiest ever week for boiler repairs during the cold weather in February and March, leading to callout costs that will drive its services unit's first-half profits down compared with previous year.

Finance Seattle plans to tax businesses to fight homelessness
Author: 0 Seattle plans to tax businesses to fight homelessness

Council members worked with central staff over the weekend to find a compromise to the $500 head tax that the Finance and Neighborhoods Committee passed on Friday. Meanwhile, median cost of a single-family house in Seattle rose 110 percent since Amazon opened its headquarters in 2010, according to The Seattle Times .

Finance France's Macron condemns Gaza violence, to call Israeli PM Tuesday
Author: 0 France's Macron condemns Gaza violence, to call Israeli PM Tuesday

Palestinian officials say Israeli troops killed more than 50 people. "Reminds me of Nixon saying 'Mistakes were made.' No one made them, just like no one killed the Palestinians ". President Erdogan has since recalled Turkey's ambassadors from the U.S. and Israel. "Choosing a tragic day in Palestinian history (to open the Jerusalem embassy) shows great insensibility and disrespect for the core principles of the peace process", Hamdallah wrote .

Finance French anger at U.S. sanctions on Iran
Author: 0 French anger at U.S. sanctions on Iran

Lower oil prices may be bad for energy companies and oil producing and exporting countries but they're a blessing for others. That made Iran the third-biggest exporter of crude within the Organization of the Petroleum Exporting Countries, behind Saudi Arabia and Iraq.

Finance Francis sold his Lamborghini for charity
Author: 0 Francis sold his Lamborghini for charity

Built by the Lamborghini "Ad Personam" customization department, this unique and special model is painted Bianco Monocerus (white) with Giallo Tiberino (yellow) stripes running along the body in homage to the colors of the Vatican City flag.

Finance Russian Companies to Benefit From Trump's Iran Withdrawal
Author: 0 Russian Companies to Benefit From Trump's Iran Withdrawal

Iran's foreign minister Mohammad Javad Zarif held talks with his Chinese counterpart Wang Yi in Beijing on Sunday. In contrast to President Trump and Israeli Prime Minister Benjamin Netanyahu, who have accused Iran of breaching the rules of the Iran Nuclear Deal, Mr Marandi said: "Over the past three years, the United States has been repeatedly violating the JCPOA ".

Finance Trump Lawyer Michael Cohen's Swampy Dealings Dissected by John Oliver
Author: 0 Trump Lawyer Michael Cohen's Swampy Dealings Dissected by John Oliver

Michael Avenatti , the attorney for Daniels, whose real name is Stephanie Clifford, shared documents showing AT&T paid the company $200,000. Cohen lined up big-paying clients who funneled money to the same shell company used to pay porn star Stormy Daniels to shut up about her affair with Trump.

Finance Oil gains on OPEC report; USA crude discount to Brent deepens
Author: 0 Oil gains on OPEC report; USA crude discount to Brent deepens

Two sources in OPEC told TASS the technical committee of OPEC + agreement plans to discuss further implementation of the deal during a scheduled meeting in Jeddah ( Saudi Arabia ) on May 22. We have the support of the Arab oil-producing monarchies and many others. Not only is it one of the US companies making parts for Airbus, but it has also received big parts orders for oil and gas facilities in Iran.

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