Economy

The student loans situation today

The student loans situation today Interest rates were also very high at up to 3% above inflation. Commenting on the IFS analysis , Sarah Stevens, head of policy at the Russell Group, which represents 24 leading research universities, said: “High-quality higher education needs proper funding to be sustainable. [Full Article...]

QVC to acquire Home Shopping Network

QVC to acquire Home Shopping Network Both QVC and HSN will remain separate brands even after Liberty Interactive to spins off its cable business following the deal's closing into an independent entity to be called QVC Group . Mangano's son, Robert Miranne, is a former Cravath, Swaine & Moore lawyer now servingas executive vice president of business strategy, development and operations at HSN. [Full Article...]

ADP: Private Sector Employment Increased By 158000 Jobs In June

ADP: Private Sector Employment Increased By 158000 Jobs In June Job creation in May was revised down by 23,000 to 230,000. But that doesn't mean the labor market is in trouble. That is the longest stretch since 1970, reflecting the unemployment rate of 4.3 percent, the lowest in 16 years. The dollar fell on Thursday after a round of weaker-than-expected US labour market data, affirming a gradual pace for raising interest rates by the Federal Reserve. [Full Article...]

Gold Stuck Near 8-week Lows After Fed Minutes

It wouldn't be surprising to find more color on the discussion in the June minutes: The Fed's description of its meeting in May showed that some policy makers were alert to high commercial real-estate valuations, and the Fed staff remarked that "asset valuation pressures in some markets were notable". [Full Article...]

Why Yum China Holdings Inc. Stock Plunged Today

Why Yum China Holdings Inc. Stock Plunged Today Yum! Brands (NYSE:YUM) now has a trailing P/E of 18.4 while its forward P/E according to Thomson Reuters is 23.2. The overall volume in the last trading session was 7.34 Million shares . Brands from $67.00 to $71.00 and gave the stock a "neutral" rating in a report on Tuesday, April 11th. Credit Suisse maintained it with "Buy" rating and $7800 target in Friday, May 26 report. [Full Article...]

Luke Cage Season 2: Two Comic Book Villains Cast

Luke Cage Season 2: Two Comic Book Villains Cast He's not the only new member to the cast, though, as Marvel has also announced that Insecure's Gabrielle Dennis will be joining season two of Luke Cage . "Mustafa's incredible presence and power ignited us from our first meeting, and Gabrielle brings the charm and smarts to a very complicated role", said Marvel Television head Jeph Loeb . [Full Article...]

China has a panda-shaped solar power plant in Datong

China has a panda-shaped solar power plant in Datong Panda Green Energy, a Hong Kong-based eco-development solutions provider, built the plant as part of an agreement between the Chinese government and the United Nations. The site will also be the destination of a summer camp for teenagers run by the UNDP and Panda Green Energy. A rendering of an expanded Panda Power Plant. [Full Article...]

GST should've been delayed by 2 months: Chidambaram

GST should've been delayed by 2 months: Chidambaram Taking a dig at the Congress, he said the GST was in the partys election manifestos but at the last moment it did flip-flops as it was not sure if the new tax regime would pay off. Sounding a word of caution, Chidambaram said he agreed with BJP leader and former finance minister Yashwant Sinha that the GST would start unravelling if state governments are allowed to exercise discretion and impose l... [Full Article...]

Grab Pikachu in a hat to celebrate a year of Pokemon GO

Grab Pikachu in a hat to celebrate a year of Pokemon GO Of the 48 percent of respondents who heard "nothing at all ", 9 percent downloaded the game. It has recently been learned that Pokémon GO has raised more than $ 1.2 billion in profits. That, or the rumor's creator has a great sense for timing. It could be as simple as activating a new tier for Raid Battles, perhaps with Legendary Pokemon as a reward , or it may be something more elaborate. [Full Article...]

Microsoft confirms layoffs, says it will eliminate up to 3000 jobs

Microsoft confirms layoffs, says it will eliminate up to 3000 jobs The job cuts amount to less that 10 percent of the company's total sales force, and about 75 percent of them will be outside the USA, the company said. Microsoft is implementing changes to better serve our customers and partners. The software giant did not specify how many jobs would be cut. Earlier, CNBC television said the company would be cutting some 3,000 positions, mostly from its non... [Full Article...]

Greystar to acquire Monogram for $3bn

Greystar to acquire Monogram for $3bn Canaccord Genuity set a $11.00 target price on Monogram Residential Trust and gave the company a "hold" rating in a research note on Wednesday. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. [Full Article...]

United Airlines just screwed over another person

United Airlines just screwed over another person Shirley Yamauchi, a middle-school teacher from Hawaii who was traveling to a conference last week, had paid nearly $1,000 for her son's ticket since children over the age of two are required by law to have their own seat on flights. After saying yes, Yamauchi said the flight attendant left. "I lost feeling in my legs and left arm", she said in the report . She eventually called a customer servi... [Full Article...]

Retailer True Religion Seeks Ch. 11 Rework Of $493M Debt

Retailer True Religion Seeks Ch. 11 Rework Of $493M Debt The Manhattan Beach company reached an agreement with its owner, NY investment firm TowerBrook Capital Partners , and the majority of its term loan lenders to reduce its debt by more than $350 million, which it expects the court to approve in three to four months, it said in a press release. [Full Article...]

United States exports rise in June amid stronger global growth

United States exports rise in June amid stronger global growth Total exports were $192.03 billion in May, the strongest month for overseas sales since April 2015. Canadian exports and imports both hit record highs in May, Statistics Canada said on Thursday, reflecting continued economic strength ahead of a highly anticipated interest rate decision next week. [Full Article...]

France aims to end sale of fossil fuel powered cars by 2040

France aims to end sale of fossil fuel powered cars by 2040 To encourage drivers to make the switch early, Hulot said France will begin offering them "a [financial incentive] to replace their diesel auto dating before 1997 or petrol from before 2001 by a new or second-hand vehicle". Germany has also reiterated plans to develop fully combustion-powered vehicles by 2030, with The Netherlands and Norway looking to follow suit by 2025. [Full Article...]

United States laptop ban lifted on Qatar Airways

United States laptop ban lifted on Qatar Airways The ban is still in place for Amman, Cairo, Casablanca, Jeddah, Riyadh and Kuwait City. U.S. authorities cited security concerns for the ban. The US is one of the main destinations for transit travellers to and from India. Department of Homeland Security. This week Turkish Airlines , Etihad Airways , which operates out of Abu Dhabi, and the Dubai-based Emirates announced the ban on their f... [Full Article...]

Achal Kumar Joti Takes Charge as 21st Chief Election Commissioner

Achal Kumar Joti Takes Charge as 21st Chief Election Commissioner The apex court had in 2015 sought the Centre's response on a PIL seeking direction to make appointment of Chief Election Commissioner and Election Commissioners transparent and independent through a committee of Chief Justice of India, Prime Minister and Leader of Opposition. [Full Article...]

United Nations calls on Gov. McAuliffe to halt William Morva's execution

United Nations calls on Gov. McAuliffe to halt William Morva's execution Davison said, as of Wednesday evening, at least two dozen state lawmakers have written to the governor asking him to instead give Morva life in prison without the possibility of parole. "The fairness of his trial has been reviewed, and reviewed, and reviewed with all courts, both state and federal, finding no unfairness or basis to overturn the voice of that jury", Pettitt wrote in a letter to the... [Full Article...]

Amit Shah attacks Congress, BJP for neglecting Odisha

Amit Shah attacks Congress, BJP for neglecting Odisha While only 14 per cent of people in Odisha get drinking water, 36 per cent families do not have power supply. Unemployment among the educated in the state was growing alarmingly, while toilets were still a "distant dream" for the people in the villages, said the BJP Chief. [Full Article...]

Hobby Lobby Fined $3M for Smuggled Iraqi Artifacts

Hobby Lobby Fined $3M for Smuggled Iraqi Artifacts Ancient cuneiform tablets and clay bullae from modern-day Iraq were smuggled into the United States through the United Arab Emirates and Israel, JOD officials said. The release said the expert also warned the company that improper or false information on declarations forms would lead to the confiscation of the artifacts by the U.S. [Full Article...]


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