Business


Arena Calls 26 Into Camp for Crucial Qualifiers Arena Calls 26 Into Camp for Crucial Qualifiers
- October 03, 2017

The U.S., Panama and Honduras are essentially playing in a three-team mini-league to determine who earns CONCACAF's final automatic berth to the World Cup (third place), the region's playoff spot against either Australia or Syria (fourth place) and who sees their World Cup dream end next month. (more...)
European Union targeting Amazon for back taxes, fine could be announced soon European Union targeting Amazon for back taxes, fine could be announced soon
- October 03, 2017

European Union regulators are expected to order Amazon ( AMZN .O) on Wednesday to pay Luxebourg millions of euros in back taxes, a person familiar with the matter said, the latest global company to be hit by an European Union crackdown on unfair tax deals. (more...)
Fiat Chrysler recalls almost 650000 SUVs over brake issue Fiat Chrysler recalls almost 650000 SUVs over brake issue
- October 03, 2017

An installation mistake on brake-booster shields may have allowed water intrusion, which can cause corrosion and freezing. The shields were originally installed in conjunction with a 2014 recall involving the same set of vehicles, almost 95% of which have been serviced. (more...)
Coffee With A Cop set for October 4 Coffee With A Cop set for October 4
- October 03, 2017

Wednesday in the RedHawk Cafeteria in the Moraine Student Center. The mission is "to improve trust and build relationships - one cup of coffee at a time". The Williamsburg Police Department will be holding a meet and greet called " Coffee with a Cop " at Aroma's Coffeehouse Wednesday, according to a police department press release. (more...)
Equifax Remedies 'Can't Fix Stupid,' Congressman Tells Ex-CEO Equifax Remedies 'Can't Fix Stupid,' Congressman Tells Ex-CEO
- October 03, 2017

Rep. Frank Pallone, D-N.J., said that if Equifax wants to stay in business, its entire corporate culture needs to change to one that values security and transparency. Smith, who resigned after overseeing the company for a dozen years, says Equifax was hacked by a yet-unknown entity. "To each and every person affected by this breach, I am deeply sorry that this occurred", Smith said in his prepared remarks. (more...)
Walmart buys Brooklyn startup for same-day NYC delivery Walmart buys Brooklyn startup for same-day NYC delivery
- October 03, 2017

Parcel launched in 2013 to help city dwellers get their packages at convenient times. Operating out of a warehouse in Brooklyn, Parcel delivers goods the same-day, overnight and in scheduled two-hour windows, providing customers with live updates via text messages throughout the delivery process. (more...)
Walmart ups same-day delivery capabilities with Big Apple acquisition Walmart ups same-day delivery capabilities with Big Apple acquisition
- October 03, 2017

Parcel launched in 2013 to help city dwellers get their packages at convenient times. Parcel is a 24/7 operation that delivers packages the same day, overnight and in scheduled two-hour windows. It acquired the e-commerce platform Jet.com for $3 billion past year. Walmart.com will also start testing same-day delivery in the city soon, and both Jet and Walmart will offer both general merchandise as well as fresh and frozen groceries as part of these new express delivery options. (more...)
Britvic is shutting Norwich manufacturing, cutting 242 jobs from the site Britvic is shutting Norwich manufacturing, cutting 242 jobs from the site
- October 03, 2017

Colman's Mustard could be on the brink of severing its historical links with Norwich after Unilever said it was reviewing the future of its factory in the city. The company said that while grocery performance was subdued, it grew strongly in the convenience and on-trade channels. In November 2015, Britvic announced a three-year, GBP240m investment programme in United Kingdom operations. (more...)
Buffett's firm to buy majority of Pilot Flying J truck stops Buffett's firm to buy majority of Pilot Flying J truck stops
- October 03, 2017

This will leave the Haslam family with a 20% stake in the truck stop company. Under the terms of the agreement, Berkshire will acquire a 38.6 percent equity stake in Pilot Flying J . It's not Buffett's first deal in Tennessee. Haslam said Berkshire's financial resources will help the company grow by building more locations or possibly acquiring competitors. (more...)
Just the Facts on General Motors Company (GM) Just the Facts on General Motors Company (GM)
- October 03, 2017

Ffcm LLC grew its stake in shares of General Motors by 2,008.1% during the 2nd quarter. 09/14/2017 - General Motors Company was downgraded to "hold" by analysts at Standpoint Research. The forward P/E of General Motors Company is at 6.78 signifying the uses of estimated net earnings over the next 12 months. GM has been the topic of several analyst reports. (more...)
A couple in IN conned Amazon out of $1.2 million in electronics A couple in IN conned Amazon out of $1.2 million in electronics
- October 03, 2017

For enormous online marketplaces such as Amazon , it's often cheaper to replace items in complaints like these rather than start investigating. An eastern IN couple has pleaded guilty to stealing more than $1.2 million IN merchandise from online retail company Amazon . (more...)
Whole Foods dominating the competition since Amazon takeover Whole Foods dominating the competition since Amazon takeover
- October 03, 2017

Whole Foods' lower prices are bringing in new customers.APAmazon's acquisition of Whole Foods is rocking the grocery industry. After completing its $13.7 billion purchase of Whole Foods in late August, Amazon slashed the prices of dozens of items at all 460 of its new grocery stores. (more...)
ATM Fees Reach Record High Once Again ATM Fees Reach Record High Once Again
- October 03, 2017

Bankrate looked at 10 banks and thriefs in each of 25 large US markets and surveyed associated ATM and debit card fee policies from 247 institutions offering checking accounts to come up with the data. "Customers are not hostage to fees". For overdraft charges, the average fee reached $33.38, up from $33.04 a year ago. "Incurring five dollars in fees to withdraw 50 bucks, if it happens once or twice, is not going to put you in the poorhouse; what is going to put you in the poorhouse is ... (more...)
Uber's Former CEO Travis Kalanick Names 2 to Board, Rekindles Power Struggle Uber's Former CEO Travis Kalanick Names 2 to Board, Rekindles Power Struggle
- October 03, 2017

A DE judge later that month stayed the Benchmark lawsuit and sent it to arbitration, pushing the dispute out of public view and delivering Kalanick a victory. These proposals would ultimately shift the board's power and people such as Kalanick or even investors such as Benchmark would have a significantly reduced amount of power. (more...)
Vijay Mallya arrested in money laundering case in London Vijay Mallya arrested in money laundering case in London
- October 03, 2017

The 57-page charge sheet or prosecution complaint, with voluminous annexures, was filed under various sections of the Prevention of Money Laundering Act (PMLA) before a special anti-money laundering court in Mumbai. 2016: Vijay Mallya in discussion with banks to settle debt. Mallya, the 61-year-old chief of the erstwhile Kingfisher Airlines who owes over Rs 9,000 crore to various Indian banks, has been living in self-imposed exile in Britain since March 2016 . (more...)
Man charged with stabbing boy near Birmingham mosque Man charged with stabbing boy near Birmingham mosque
- October 03, 2017

The boy is in a critical condition. The mosques president Azhar Kiana added: "It happened on the pavement". "We think he was holding a small knife and he stabbed him around nine times in the face, neck and back of his head". "It is really scary and I'm anxious for the safety of my own children". Police investigating the stabbing of a 14-year-old boy outside a Birmingham mosque have been granted extra time to question a man on suspicion of attempted murder. (more...)
"Carmageddon:" Auto industry collapses in Australia with Toyota plant closure
- October 03, 2017

Automakers offered retraining programs to help laid off workers find new jobs. "All up today, there is about 6000 Victorians going to lose their jobs because Toyota is shutting down", the Australian Manufacturing Workers Union's Dave Smith told reporters. (more...)
DONG's name switch highlights renewable energy transition DONG's name switch highlights renewable energy transition
- October 03, 2017

Majority-owned by the Danish state, Dong completed the sale of its last oil and natural-gas fields for just over a billion dollars last week. DONG has over the course of the previous year sold off all its oil and gas businesses and so the change of name was not a surprise and the announcement had been expected. (more...)
Preacher Spouting Verses About 'Doomsday' Sparks Panic Among UK Train Passengers Preacher Spouting Verses About 'Doomsday' Sparks Panic Among UK Train Passengers
- October 03, 2017

Power was turned off on a line between Wimbledon and London Waterloo after the man stood up and started shouting about the "sins" of homosexuality. Reports from the Shepperton to Waterloo train said people thought the man said he had a bomb, but these were dismissed by passengers on the 7.40am train. (more...)
Uber's United Kingdom boss quits as firm battles to keep London licence Uber's United Kingdom boss quits as firm battles to keep London licence
- October 03, 2017

On Tuesday, Uber's new global chief executive is due in the capital for showdown talks with Transport for London (TfL). Jo Bertram announced on Monday she will be resigning after four years with the company. The head of Uber Technologies Inc.'s United Kingdom business is stepping down amid a contentious fight with London regulators who are threatening to ban the company in the British capital. (more...)
Rail strikes hit Liverpool in row about driver-only trains Rail strikes hit Liverpool in row about driver-only trains
- October 03, 2017

The Southern dispute is now in its 18th month, with no sign of the deadlock being broken. Transport for London (TfL) has warned commuters there will be widespread disruption after last-minute talks yesterday failed to stop the walk-out from going ahead. (more...)
Equifax Underestimated by 2.5 Million the Number of Potential Breach Victims Equifax Underestimated by 2.5 Million the Number of Potential Breach Victims
- October 03, 2017

On March 8, Atlanta-based Equifax received an urgent notice from the U.S. Department of Homeland Security. Cowen and Company reissued a "buy" rating and issued a $151.00 price objective on shares of Equifax in a research report on Friday, July 28th. (more...)
Riley Comments on AMC Entertainment Holdings Inc's Q1 2017 Earnings (AMC)
- October 03, 2017

These analysts also forecasted Growth Estimates for the Current Quarter for AMC to be -196.8%. Ameritas Investment Partners Inc. now owns 4,845 shares of the company's stock worth $110,000 after buying an additional 372 shares during the period. (more...)
Ola raises $2 billion from Softbank, Tencent, other investors Ola raises $2 billion from Softbank, Tencent, other investors
- October 03, 2017

The paperwork for the transaction has been finalised and the deal is awaiting approval from CCI, according to two sources familiar with the matter. To strengthen its position in the market and fight off the global leader Uber in India, Ola is in the process of raising around ₹13,000 crore ($2 billion) in new funding from a group of investors. (more...)
Is there a Bearish outlook for Gilead Sciences, Inc
- October 03, 2017

The same analysts have a future one-year price target of $82.67 on the shares. The Avalon Global Asset Management Llc holds 50,000 shares with $3.54 million value, down from 90,000 last quarter. F's profit will be $1.23B for 9.66 P/E if the $0.31 EPS becomes a reality. (NASDAQ: GILD ). Wealthfront owns 10,258 shares for 0.01% of their portfolio. (more...)