Economy

Scooter turns slugger, ties MLB record with 4 homers

Scooter turns slugger, ties MLB record with 4 homers Louis Cardinals during the third inning at Great American Ball Park. Oh, and he collected 10 RBI total in a record-setting performance that ranks among the greatest - and most unlikely - outbursts in Major League Baseball history. Texas Rangers player Josh Hamilton was the last to achieve four home runs in a game in 2012. The last time? Also against Cincinnati , in 2013. [Full Article...]

Amazon buying Whole Foods for $13.7 billion

Amazon buying Whole Foods for $13.7 billion Amazon is buying Whole Foods Market for $13.7 billion. But analysts familiar with e-commerce and retail said the ramifications will be felt throughout both industries. "It is a tsunami that will shake up and change grocery retailing. Why is Amazon going to let a third party vendor take margin off of their sale?" "The impact could be huge and generational". [Full Article...]

Boeing Has Strong Start To Paris Air Show

Boeing Has Strong Start To Paris Air Show During the financial year, it filled 94 percent of the seats on its flights. "Many airports are running out of capacity and for those airports this is a ideal aircraft", said Ajay Singh, the chairman of low-priced Indian airline SpiceJet , as his company signed a provisional deal to buy 40 MAX 10s, Reuters reported. [Full Article...]

Cosby trial accuser thanks supporters for love, kindness

The seven men and five women who were deadlocked at Bill Cosby's sex assault trial were spookily silent during their bus ride back to Pittsburgh Saturday, a man who said he was one of the alternate jurors claimed. Constand, now 44, initially went to police about a year after she said Cosby assaulted her, but a prosecutor declared her case too weak to bring charges. [Full Article...]

LIRR to Reduce Fares During Summer Work at Penn Station

LIRR to Reduce Fares During Summer Work at Penn Station And while Amtrak's track work will not affect the subways, numerous other problems will, barring a stunning reversal of the system's worsening performance. Tuesday's announcement was in response to Gov. Andrew Cuomo's call one day earlier for a discount for riders as a result of summer cuts at Penn Station, according to the MTA. [Full Article...]

UK to give new ruling on Fox-Sky takeover by June 29

UK to give new ruling on Fox-Sky takeover by June 29 The only thing standing between Rupert Murdoch and his dream media deal is the British government. LONDON, June 20 The British government will rule on whether Rupert Murdoch's proposed takeover of European pay-TV group Sky needs a thorough investigation by June 29, the Culture and Media Secretary said on Tuesday. [Full Article...]

Hike launches wallet, UPI payments for quick transactions

Hike launches wallet, UPI payments for quick transactions Over 10 crore Hike Messenger users will be able to transfer money using the digital Wallet or directly to banks using UPI , pay mobile bills and recharge from the platform itself. A nifty addition to Hike 5.0 is the all new "Magic Selfie" feature. Digital transactions in India have surged after Prime Minister Narendra Modi's shock ban of certain high-value bank notes in November that accoun... [Full Article...]

Costco Wholesale Corporation (COST) Shares Bought by Signature Estate & Investment Advisors LLC

The company had a trading volume of 3,278,934 shares. Costco Wholesale Corporation (NASDAQ: COST ) has risen 25.14% since June 19, 2016 and is uptrending. Intrepid Capital Management Inc owns 357,700 shares or 3.12% of their USA portfolio. Destination Wealth Mngmt reported 116,054 shares. Currently, the market capitalization of Costco Wholesale Corporation (COST ) is 72.09 Billion. [Full Article...]

Apple tells court Qualcomm chip licenses are invalid

Apple tells court Qualcomm chip licenses are invalid Apple's 160-page filing largely centers on a Supreme Court ruling on patents from last month. Apple sued Qualcomm in January, claiming that the San Diego-based company withheld $1 billion in rebates because the iPhone maker cooperated with Korean regulators who were investigating the chip maker . [Full Article...]

CDSL IPO fully subscribed on Day 1

CDSL IPO fully subscribed on Day 1 Listing of shares of CDSL will only be on the National Stock Exchange (NSE) and not on the BSE as the latter is the promoter of the depository. CDSL IPO is purely an offer for sale and the company does not intend to raise any fresh capital through this issue. [Full Article...]

Old Mutual plc (OML) Receives Average Rating of "Hold" from Analysts

They issued a "neutral" rating and a GBX 200 ($2.53) price objective for the company. BNP Paribas maintained the shares of BLND in report on Wednesday, March 16 with "Outperform" rating. After $2.39 actual EPS reported by Snap-on Incorporated for the previous quarter, Wall Street now forecasts 6.69% EPS growth. The Dow Chemical Company manufactures and supplies products used primarily as raw mat... [Full Article...]

Uber considering the future of CEO Travis Kalanick

Uber now has nine board members and seven hold super-voting shares that give them more power. One of these was about Eric Alexander , former president of the company's Asia-Pacific division releasing medical reports of an Indian woman who was sexually assaulted by an Uber driver. [Full Article...]

Oil market fundamentals heading in right direction: Saudi Energy Minister

Germany's Wintershall and Libya's National Oil Corporation agreed to restart production at Wintershall's NC 96 and NC 97 concessions in the Sirte Basin. Because of this, global oil supply fails to go down, raising suspicion that OPEC's grip on the global oil market has loosened. Benchmark Brent dropped $1.29 to a low of $45.62 a barrel, its weakest since November 15, two weeks before OPEC an... [Full Article...]

Amazon reveals 'try before you buy' clothing deliveries

Amazon reveals 'try before you buy' clothing deliveries Amazon Prime Wardrobe is a new fashion platform that looks similar to other wardrobe subscription services. Then, return any unwanted items at a UPS location or schedule a free pick-up. Prime Wardrobe shipments will come in a resealable box with a prepaid label, Amazon says, to make the return process less of a hassle for shoppers. [Full Article...]

Could there be a bidding war for Whole Foods?

Could there be a bidding war for Whole Foods? Online shopping has been taking over the retail sector for some time, but the recent announcement that online shopping giant Amazon has bought United States specialty grocery store Whole Foods still came as a shock. Although Amazon's deep pockets were hard to match for any rival, " many will do anything to either make this acquisition more costly for Amazon or prevent the assets from land... [Full Article...]

Ford plans first-time imports from China

Ford plans first-time imports from China The Ford Expedition and Lincoln Navigator vehicles will be exported to more than 55 markets globally - that includes plans to export the Navigator to China. Earlier this year, under pressure from USA president Donald Trump, Ford backed out on a $1.8 billion plant in San Luis Patosi, investing $700 million to expand an existing facility in the U.S. [Full Article...]

Trump Signs Order to Ease Federal Restrictions on Apprenticeships

Durbin and Chicago-area officials released a report by the University of Illinois-Chicago's Great Cities Institute that said that the USA treasury will lose an estimated $9.5 billion in future tax revenue from current jobless people in Illinois who have no high school degree. [Full Article...]

Heatwave warning: Conditions set to continue

Heatwave warning: Conditions set to continue Power supplies could also be disrupted by frequent lightning associated with the heaviest rain. The weather warning added: "Bouts of rain, heavy and thundery at times, will move in from the west to affect parts of southern Scotland and northern England from the early hours of Wednesday". [Full Article...]

Congress Says No Scope for Consensus on BJP's President Nominee

Speaking to ANI, O'Brien said, "Firstly, I would like to say that we thought there would be a discussion or consultation over the name but instead we seen the name flashing at the Bharatiya Janata Party ( BJP ) press conference today which irked us all". [Full Article...]

Oil prices edge up; still near 2017 lows on stubborn glut

Crude prices drifted barely weaker oi Friday in Asia with investors eager to see if USA shale drillers keep pouring on the heat for OPEC and allies or whether recent price falls bring a pause. The EIA released its monthly report on drilling activity Monday showing that oil production from seven major US shale plays is projected to rise by 127,000 barrels a day to 5.475 million barrels a day in Jul... [Full Article...]


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