Economy

Reliance Jio Confirmed to Acquire Wireless Infrastructure of Reliance Communications

Reliance Jio Confirmed to Acquire Wireless Infrastructure of Reliance Communications Mukesh Ambani-owned Reliance Jio Infocomm (RJio) has agreed to buy wireless spectrum, towers and fiber from younger brother Anil Ambani's firm Reliance Communications ( RCom ) which is reeling under high debt of about Rs 44,000 crore. RCom said it will use the proceeds of this cash deal exclusively to repay debt to its lenders. "These assets are strategic in nature and are expected to contri... [Full Article...]

Asbestos found in "Claire's" makeup for children

Asbestos found in The test results revealed tremolite asbestos , which causes cancer. Kristi Warner, 30, from Rhode Island, said she felt compelled to investigate when she checked the ingredients on her daughter's glitter makeup kit from the United States store, and saw that the only information given was that the product was made in China. [Full Article...]

Apple's Tim Cook paid $102m this year including bonuses worth $98m

Apple's Tim Cook paid $102m this year including bonuses worth $98m Apart from the salary, he received Dollars 89.2 million in equity award. Cook was paid a basic salary of $3.06m, a cash bonus of $9.3m (up from $5.4m last year ), and collected share awards worth $89m taking his total 2017 payout to $102m, Apple disclosed in a regulatory filing . [Full Article...]

Marathon Petroleum Corp (NYSE:MPC) Insider Sells $2305359.00 in Stock

Legg Mason, Inc. (LM) has risen 21.07% since December 28, 2016 and is uptrending. It has outperformed by 22.59% the S&P500. Bedrijfstakpensioenfonds Voor De Media Pno increased Marathon Petroleum Corp ( MPC ) stake by 16.08% reported in 2017Q3 SEC filing. [Full Article...]

Hospitals made £174m in a year — NHS parking charges

Hospitals made £174m in a year — NHS parking charges The trust did not say how much it gets from parking fines. Parking fines amounted to £7,920. The Salisbury Trust has raked in more than double its nearest neighbour - the Dorset County Hospital NHS Foundation Trust - which only made £550,258 in 2016/17. [Full Article...]

Stock Jumping Abnormally High: Merck & Co., Inc. (NYSE:MRK)

It has underperformed by 17.22% the S&P500. Iguana Healthcare Management Llc decreased Merck & Co Inc ( MRK ) stake by 6.25% reported in 2017Q3 SEC filing. 8,725 were reported by Endurance Wealth Mgmt Inc. Pura Vida Investments Llc, a New York-based fund reported 154,570 shares.#img1#. Maple Mgmt stated it has 28,248 shares. [Full Article...]

County's unemployment rate stays same in November

County's unemployment rate stays same in November Turlock's unemployment rate fell to 5.5 percent in November, down from 5.6 percent in October. Eric Smith, associate director of the Tulane Energy Institute, told the newspaper unemployment is at the lowest level seen in the state since June 2008 when rising production from OPEC and US shale oil products first led to steep oil price declines. [Full Article...]

Tesla's Model 3 deliveries point to slower ramp up - brokerage

The stock decreased 0.95% or $3.025 during the last trading session, reaching $314.265. Tesla Motors, Inc . (NASDAQ: TSLA ) touched its 1-Year High price of $389.61 on 09/18/17 and its 1-Year Low price of $210.96 on 01/03/17. Shares in aerospace major Boeing Company ( BA ) were 0.1% lower in recent trade after initially rising following the news that it had received orders from Moroccan flag ca... [Full Article...]

GST collections fall to Rs 80808 cr in November

GST collections fall to Rs 80808 cr in November Data available till December 25 show collections for November were the lowest since the new indirect tax was introduced in July and 53.06 lakh returns have been filed for the month, a finance ministry statement said. According to Abhishek A Rastogi, Partner, Khaitan & Co, the reasons for the fall in tax collection are two-fold - the reduction of rate and utilisation of credits. [Full Article...]

Uber selling United States auto-leasing business to Fair.com

Uber selling United States auto-leasing business to Fair.com Fair is a vehicle marketplace cofounded by industry vets Scott Painter, the former CEO of TrueCar, and Georg Bauer, the former VP of finance at Tesla and BMW. Uber reported a similar deal in July, announcing it would merge its Russian Federation ride-hailing business with rival Yandex Taxi. The company assembled an inventory of 40,000 automobiles and set up 14 showrooms throughout the U.S. [Full Article...]

Colder air begins to filter in; isolated snow shower possible

Colder air begins to filter in; isolated snow shower possible Some Areas of Fog May Form Overnight As Temperatures Cool into the Low 60s. A stray flurry possible south of Indy with no accumulation expected. Highs will struggle to get out of the single digits! Temperatures will be the big headline with readings remaining below freezing through the weekend. [Full Article...]

Retail Just Saw Its Best Holiday Season Since 2011

Retail Just Saw Its Best Holiday Season Since 2011 Sales jumped almost 5% between November 1 and Christmas Eve compared to the same time period a year ago, according to the MasterCard report. Compared to the numbers Mastercard has recorded over the past several years, 2017 saw a notable pickup in sales growth. [Full Article...]

Passenger Booted for Sheila Jackson Lee Disputes United Airlines Apologized

Passenger Booted for Sheila Jackson Lee Disputes United Airlines Apologized She was leaving Houston for Guatemala , but first had to stop in Washington, D.C. She already had her boarding pass, but the flight was delayed an hour due to inclement weather. The Texas congresswoman sent a series of Tweets on Tuesday reposting her statement about the December 18 incident, in which she said she and and a flight attendant, both African Americans, were "seemingly an easy target... [Full Article...]

Charlottesville Shoppers Discuss Post-Christmas Gift Returns, Sales

Charlottesville Shoppers Discuss Post-Christmas Gift Returns, Sales With Christmas over, now is the time people try to figure out which of those gifts they'll keep and which will be returned to the store. Retailers rolled out big sales Tuesday to entice shoppers back into stores. Shopper Briana Buckley said she loved some of her presents this year but she wanted to take the first opportunity to return some of the gifts that she didn't exactly adore. [Full Article...]

Be the first to hear about it:- Intel Corporation (NASDAQ:INTC)

It has underperformed by 16.70% the S&P500. Armstrong Henry H Associates Inc increased its stake in Intel Corp ( INTC ) by 3.95% based on its latest 2017Q3 regulatory filing with the SEC. Smith Stacy J had sold 58,629 shares worth $2.08 million. RENDUCHINTALA VENKATA S M sold 13,996 shares worth $496,438. Krzanich Brian M sold $2.40 million worth of Intel Corporation (NASDAQ:INTC) on Monday,... [Full Article...]

Gardiner Nancy B Lowers Stake in QUALCOMM, Inc. (QCOM)

The institutional investor held 21,753 shares of the integrated oil company at the end of 2017Q3, valued at $1.78M, down from 29,514 at the end of the previous reported quarter. Since August 20, 2017, it had 0 insider purchases, and 4 insider sales for $303,257 activity. The insider Stapley Marc sold 2,000 shares worth $393,600. [Full Article...]

Tesla Is Sending Its Roadster To Take A Tour Of Mars

This will shield the vehicle during ascent which, hopefully, would put the auto on a path to intercept the orbit of Mars. "Will be in deep space for a billion years of so if it doesn't blow up on ascent", he said on Twitter . Musk, 46, founded Hawthorne, California-based SpaceX in 2002. And if all goes well there, Falcon Heavy should be ready for launch within the first few weeks of 2018. [Full Article...]

Trucks parked in Sydney's CBD to protect Boxing Day shoppers

Trucks parked in Sydney's CBD to protect Boxing Day shoppers Retailers expect consumer appetite to be higher than last year's disappointing sales period in which only 23 per cent of the population indulged in post-Christmas retail therapy. According to the Centre for Retail Research and VoucherCodes, nearly £900 million will be spent online on Christmas Day. The draw of online bargains is expected to lead to the number of shoppers hitting the high street ... [Full Article...]

JetBlue flight slides off Logan Airport taxiway

JetBlue flight slides off Logan Airport taxiway It eventually faced toward the opposite direction and it was left between two runways, according to local news outlet WCVB5 . "Everything's fine. We just skidded on the ice", the pilot responded, when asked whether emergency services would be required, ABC News reported. [Full Article...]

LG upgrades V30 OS to Android 8.0 Oreo

So, the app load time is improved and the app animations are also a lot better with the update. One of the cool features in Oreo is a picture-in-picture mode. Powered by Qualcomm Snapdragon 845 processor, the smartphone offer 4GB of RAM and 64GB/128GB of internal storage, which is further expandable up to 2TB via the microSD card slot. [Full Article...]


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