Finance

Author: 0 Air Canada plane avoids potential catastrophe at SFO after 'radio problem'

SFO air traffic control initially gave flight 781 a GO to land on the busy airport's runway 28R, roughly six miles or so from touchdown. But the flight crew never acknowledged any of the instructions, even after controllers started flashing the crew with a red light gun to make the go-around, which is standard protocol when a crew is not responding to radio coms.

Finance Delphi acquires self-driving startup nuTonomy for $450M
Author: 0 Delphi acquires self-driving startup nuTonomy for $450M

Delphi's chief technical officer, Glenn De Vos, said on a conference call with reporters Tuesday morning, that it envisions deploying autonomous technology in a commercial space, before eventually ending up in the consumer market. nuTonomy has been testing its driverless cars in Singapore and Boston (where Delphi has also been testing autonomous vehicle technology). Current Delphi shareholders will hold stock in both companies.

Author: 0 FCA probes Equifax over cyber attack

In a short statement on Tuesday the Financial Conduct Authority (FCA) said it was "investigating the circumstances" of the incident. The Atlanta-based company has been subject to probes around the world since it disclosed in September that a hack had exposed the data in one of the biggest cyberattacks in history.

Finance Sears is breaking up with Whirlpool after a century
Author: 0 Sears is breaking up with Whirlpool after a century

Whirlpool informed Sears in May that it would stop shipping its products to Sears retailers. Whirlpool, then operating as Upton Machine Company, sold its first washers to Sears in 1916, according to the manufacturer's website. The department store's sales have continued to plummet, with second-quarter sales declining 11.5 percent at stores open at least a year. Whirlpool will keep making some products sold under Sears' Kenmore brand.

Author: 0 HDFC Bank Q2 profit rises 20% to Rs 4151 crore

Earlier, Motilal Oswal had said, "Cost of funds (COF) decline would help to negate the impact of declining yields environment, and we expect HDFC Bank to report only a marginal 10 bps contraction in margins and report strong NIM of 4.6 per cent.

Finance Fire breaks out at Aishway Rai Bachchan's Bandra residence
Author: 0 Fire breaks out at Aishway Rai Bachchan's Bandra residence

While no casualties have been reported so far, Aishwarya was seen rushing to the residence with hubby Abhishek Bacchan to visit her mother there. According to latest reports, 8 fire-tenders were at the site to douse the fire. The Bollywood actress and her husband, Abhishek Bachchan, arrived at the scene. As of yet, it remains unknown as to how the fire began. Aishwarya Rai Bachchan , whose maiden house is located in the building, was spotted outside with her husband, Abhishek Bachchan.

Finance Activists Win As Lord And Taylor Flagship Building Sold
Author: 0 Activists Win As Lord And Taylor Flagship Building Sold

Hudson's Bay also said WeWork and private equity firm Rhone Capital would also invest US$500 million in the company. Hudson's Bay Co. has a $1-billion deal to sell its Lord & Taylor flagship store in NY to WeWork Cos and team up with the office-sharing business to run its operations in parts of HBC's stores.

Finance Snap hasn't sold many Spectacles but still says hardware's the future
Author: 0 Snap hasn't sold many Spectacles but still says hardware's the future

Snap laid off roughly a dozen people supporting the hardware division that makes its Spectacles camera glasses last month, as we previously reported . Much of the stock is sitting inside warehouses and will, sooner or later, need to be written off, affecting the company's financials. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .

Author: 0 Caterpillar, Inc. (NASDAQ:CAT) To Release Earnings

Several other research firms have also weighed in on CAT. Motco raised its position in shares of Caterpillar by 264.9% during the 2nd quarter. Earnings Per Share (EPS), the portion of a company's profit distributed to each outstanding common share, is a useful indicator of a company's profitability.

Finance Profits rise 3.3pc for India's Infosys, above expectations
Author: 0 Profits rise 3.3pc for India's Infosys, above expectations

Net profit for the three months to September 30 rose to 37.26 billion rupees (RM2.42 billion) from 36.06 billion rupees for the same period a year earlier, the firm said in a statement. In constant currency terms, Infosys' revenues grew 2.22 per cent sequentially. Earlier, an independent investigation had found no substance in whistleblower allegations of Infosys CEO Vishal Sikka being paid excessive compensation in relation to the deal.

Finance Microsoft drops suit as U.S. authorities limit data gag orders
Author: 0 Microsoft drops suit as U.S. authorities limit data gag orders

You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy . "As we said when we filed the lawsuit, we believe customers have a constitutional right to know when the government gets their email or documents, and we have a right to tell them".

Finance Healthcare Realty Trust Inc (HR) Seeing Increased Action in Session
Author: 0 Healthcare Realty Trust Inc (HR) Seeing Increased Action in Session

About shares traded. Education Realty Trust, Inc. The company has market cap of $2.48 billion. Lexington Realty Trust (NYSE:LXP) has risen 5.44% since October 23, 2016 and is uptrending. On Friday, December 2 the stock rating was initiated by Guggenheim with "Neutral". Huntington National Bank increased its position in Healthcare Realty Trust by 36.7% during the 2nd quarter.

Finance VW diesel emission fixes given USA approval, avoiding buybacks
Author: 0 VW diesel emission fixes given USA approval, avoiding buybacks

The U.S. Environmental Protection Agency and the California Air Resources Board approved the fix for 3-liter diesel engines in 2013-2016 models of the Volkswagen Touareg and Porsche Cayenne and the 2015 Audi Q7. Previously, VW agreed to a $1.22 billion settlement to buy back the V6 diesel vehicles and pay the owners who get the vehicles fixed between $8,500 and $17,000.

Finance Costa coffee owner Whitbread's interim profit rises on expansion
Author: 0 Costa coffee owner Whitbread's interim profit rises on expansion

Underlying profit in the six months to the end of August was £328 million while revenue was up year on year by 7.4% to £1.67 billion. Ms Brittain used the robust occupancy figures to defend criticism about the chain's reduced rate of revenue per available room - a key industry performance metric known as RevPAR - which partly explained why Whitbread shares fell more than 4pc to £37.73 after the update.

Finance ₹92150 crore collected as GST in September
Author: 0 ₹92150 crore collected as GST in September

Late fee payment has been waived for late GST returns filed in August and September. Correcting word in para 1) New Delhi , Oct 24 (PTI) The government has collected Rs 92,150 crore as Goods and Services Tax (GST) in September from 42.91 lakh businesses, the finance ministry said today.

Finance Malayalam director IV Sasi passes away, he was 69
Author: 0 Malayalam director IV Sasi passes away, he was 69

Sasi is best known for his movies Devasuram, Mrigaya, Adiyozhukkukal among others. Sasi was known to be instrumental in making both Mammootty and Mohanlal the big stars that they are today. "I salute the master of Malayalam movie industry who made the viewers and actors, including me, understand the basics of cinema". I.V. Sasi was planning to direct the biggest project of his career "The Wells" based on the Kuwait war.

Finance Australian teacher shot dead in Nairobi
Author: 0 Australian teacher shot dead in Nairobi

Fairfax say Gabrielle Maina was gunned down and her purse stolen while she walked along a road in the suburb of Karen, about 10am Thursday local time. "Gabrielle was truly committed to her faith and her family, which took her to Kenya where in recent years she committed herself to educating young children".