Finance

Uber deal gives Softbank a stake and eases board tensions

Uber deal gives Softbank a stake and eases board tensions Softbank would buy $1 billion in new stock and purchase shares from investors and employees worth up to 14 percent of the ride-hailing company. Uber Technologies Inc. The two parties have now reached an agreement on control of board seats, which included Benchmark putting its lawsuit on hold - while Kalanick will allow directors to vote on his future appointments to the three seats he oversees, ... [Full Article...]

Qualcomm could reject Broadcom bid this week

Qualcomm could reject Broadcom bid this week Broadcom offered $60 a share in cash and $10 in stock for Qualcomm - a 28 percent premium over the company's share price before news of the bid leaked on November 3 - making it the largest tech deal ever. CEO Hock Tan last week, saying the company is likely to relocate its headquarters from Singapore to the United States. Overall, Broadcom's bid is a very ambitious attempt to grow its share of t... [Full Article...]

Padmavati row: Protests erupt in Gujarat, outside Sanjay Leela Bhansali's Mumbai office

Padmavati row: Protests erupt in Gujarat, outside Sanjay Leela Bhansali's Mumbai office Andhare, who is the Chief Operating Officer at Viacom18 Motion Pictures, said in an interview with IANS that he is happy to dispel any doubts around the film once the certification has been obtained. After protests by the Karni Sena and also a Brahmin group, now the former royal family of Jaipur has opposed release of the film "if historical facts are distorted". [Full Article...]

Arcelor Mittal Q3 Profit Climbs On Shipments; Notes Favorable Market Conditions

Mittal said. MT has been the subject of several research analyst reports. Cowen & Co maintained the stock with "Hold" rating in Tuesday, October 24 report. The company's revenue for the quarter was up 21.5% on a year-over-year basis. research analysts expect that ArcelorMittal will post 3.3 EPS for the current year. [Full Article...]

Media Matters Using Roy Moore Allegations To Go After Hannity's Advertisers

Media Matters Using Roy Moore Allegations To Go After Hannity's Advertisers So far, as CNBC detailed Sunday, at least five brands will stop advertising on Hannity: Keurig , 23 and Me, Realtor.com, Nature's Bounty, and Eloquii. "The only people that would know are the people involved in this incident". The liberal advocacy group Media Matters has for months been pressuring Hannity's advertisers to take back their dollars over the Fox host's fixation on conspiracy ... [Full Article...]

Respawn Entertainment Acquired for $455 Million

It hasn't even been a full month since Electronic Arts shut down Dead Space developer Visceral Games . We've seen firsthand the world-class caliber of Respawn as a development studio with incredible vision, deep talent and an inspiring creative mindset... [Full Article...]

Boeing nears deal with Emirates for 787-10 jets

Boeing nears deal with Emirates for 787-10 jets The total value of the deal at current list prices, which also includes a landing gear maintenance agreement, is valued at around 1.9 billion dollars, a Boeing executive said. Asked if the size of the order represented a shrinking of the expected order for this class of aircraft, Sheikh Ahmed said: "No, not really". Azerbaijan Airlines at present has two 787-8s in its fleet. [Full Article...]

New England Patriots vs Denver Broncos: Game 9 Preview and Prediction

New England Patriots vs Denver Broncos: Game 9 Preview and Prediction The Patriots had a rough start to the season starting 2-2 with losses to the Chiefs and Panthers sandwiched around wins over the Saints and Texans. The Broncos are 3-5 and going into their second game with Brock Osweiler starting at quarterback. [Full Article...]

Bitcoin Cash Briefly Surpasses the Market Cap of Ethereum at $30 Billion

Bitcoin Cash Briefly Surpasses the Market Cap of Ethereum at $30 Billion But what is unquestionable is that in the aftermath of the SegWit2x drama , there's loads of more contentious debates to come in the greater Bitcoin community. On the USA -based Bitfinex exchange, hit a low of $5,426.00, its lowest since October 25 before pulling back to trade at $6,143.30 by 04:49 AM ET (09:49 AM GMT), still down 2.5% for the day. [Full Article...]

Cabot Oil & Gas Corporation (COG) Issues Quarterly Earnings Results

Blackstone Group LP (NYSE:BX) has risen 20.49% since November 12, 2016 and is uptrending. Swiss Comml Bank stated it has 1.73 million shares. The number of shares now owned by investors are 545.83 mln. Sanders Capital LLC now owns 29,212,930 shares of the oil and gas exploration company's stock valued at $839,952,000 after purchasing an additional 1,951,907 shares during the period. [Full Article...]

McDonald's drive-thru fight erupts over CHICKEN NUGGETS

McDonald's drive-thru fight erupts over CHICKEN NUGGETS The manager told the women they would have to drive back around and order at the signboard and said, "Have a nice day", before turning his back on them to fill other customer orders, according to police. "I was anxious that they were going to see me". Two women in IN wanted their McNuggets so badly that they reportedly lunged through the drive-thru window and attacked a manager to get them. [Full Article...]

Pacific trade ministers to hold news conference

Pacific trade ministers to hold news conference Aspects of the trade pact have also raised hackles over a requirement that companies be allowed to sue governments for lack of enforcement of related laws. The Peru agreement is a significant boost for Australia's sugar industry, farmers and mining services firms. Leaders of the 11 countries remaining in the TPP had been due to meet and endorse a deal worked out in last-minute talks overnight. [Full Article...]

Deadly shooting in Providence

Deadly shooting in Providence Clements said as he walked reporters through the events leading up to Santos' death. "While all that chaos is going on, a Providence Police officer heroically gets into the vehicle ... When it wouldn't stop, police opened fire on the truck in front of the mall. The final confrontation came as the truck tried to force its way out. The truck's windows are dark, and it's impossible to see anyon... [Full Article...]

United Airlines cancels Delhi flights due to air quality

United Airlines cancels Delhi flights due to air quality While the airline was earlier offering waivers on the rescheduling of tickets, now it has chose to cancel its Newark-Delhi flights on Friday and Saturday (arriving Saturday and Sunday night) citing air quality issues. To get ahead of this potential issue, we're offering additional flexibility that may allow you to change your travel plans. Assocham , which has recently interacted with 350 tour ... [Full Article...]

Consumer group says Target selling fidget spinners tainted with lead

Consumer group says Target selling fidget spinners tainted with lead Cummings said MASSPIRG is calling for Target to stop selling the toys that contain the high levels of lead and issue a recall for the fidget spinners already sold. Target markets the Fidget Wild spinner as a "creative thinking" tool. Even low levels of lead in blood have been shown to undermine IQ, attentiveness and academic achievement. [Full Article...]

Nordstrom, Inc. (JWN) Releases FY18 Earnings Guidance

Nordstrom, Inc. (JWN) Releases FY18 Earnings Guidance The institutional investor owned 78,751 shares of the specialty retailer's stock after selling 6,613 shares during the period. More About Nordstrom Inc. reported earnings per share for the third quarter ended October 28, 2017 of $0.67. Four analysts rating the company a strong buy, six analysts rating the company a buy, seventeen analysts rating the company a hold, two analysts rating the compan... [Full Article...]

Las Vegas' Self-Driving Bus Lasted 1 Hour Before Crashing

Las Vegas' Self-Driving Bus Lasted 1 Hour Before Crashing The autonomous shuttle uses a system built by Navya, a French start-up that is also testing its technology in the United Kingdom and is now taking part in a 12-month trial in the US city. Before it crashed, dozens of people had lined up to get a free trip on a 0.6-mile loop in downtown Las Vegas. "Unfortunately the human element - the driver of the truck - didn't stop", public information office... [Full Article...]

Macy's sales, comps hobble in Q3

Macy's sales, comps hobble in Q3 CEO's Take: Jeff Gennette, chief executive officer, said: "Overall, we're pleased with the results for the third quarter and we remain on track to meet our full-year sales and earnings guidance for 2017". Macy's is increasing the number of temporary workers it's hiring for distribution and warehouses for the holiday season as it chases fast-growing e-commerce sales . [Full Article...]

"Full emergency" as plane bound for Scotland crash lands in Northern Ireland

The runway is blocked but other flights are using the cross-wind runway". The Bombardier Dash 8 Q400 took off at 11:20 from George Best Airport in Belfast when the pilot noticed a problem with the nose gear and began circling at 3,800 feet while they attempted to solve the problem. [Full Article...]

Murdoch Reportedly Twice Discussed CNN With AT&T CEO

Murdoch Reportedly Twice Discussed CNN With AT&T CEO CNN and its parent company Time Warner were in the spotlight this week over reports that the Trump administration wanted CNN sold as a condition of a merger between AT&T and Time Warner. That was before the new chief of the antitrust division, Makan Delrahim, was confirmed by the Senate and joined the review of the deal. AT&T chief financial officer John Stephens told investors at a conference... [Full Article...]


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