Finance

Sanjay Leela Bhansali assures Padmavati doesn't distort history

Sanjay Leela Bhansali assures Padmavati doesn't distort history The film has been in the eye of storm since January this year over an alleged scene between Rani Padmavati and Allaudin Khilji. Citing the example of Ashutosh Gowariker's "Jodha Akbar", Akhtar said as per the history Akbar never had a wife by the name of Jodha Bai and people should not confuse a work of fiction with history. [Full Article...]

Justice Department Says 'Not So Fast' to AT&T, Time Warner Deal

Justice Department Says 'Not So Fast' to AT&T, Time Warner Deal The news comes amid AT&T's possible $84.5 billion merger with Time Warner, which owns Turner Broadcasting's CNN. Trump's comments have provoked concern that he may improperly influence the Justice Department to block the deal. "While we won't comment on our discussions with DOJ, we see no reason in the law or the facts why this transaction should be an exception". The deal is opposed by an arr... [Full Article...]

Mattel shares skyrocket more than 20% on report of Hasbro takeover interest

Mattel shares skyrocket more than 20% on report of Hasbro takeover interest The average 12 month price target among brokers that have updated their coverage on the stock in the a year ago is $35.57. UBS AG reissued a "buy" rating and set a $23.00 price target on shares of Mattel in a report on Saturday, September 16th. [Full Article...]

Facebook Community Boost will teach social media skills to business owners

Facebook Community Boost will teach social media skills to business owners The statement quotes a Morning Consult statistic that claims that 62 percent of SMBs in the United States actively look for digital or social media skills in their hires. According to Facebook, Community Boost representatives will visit 30 different cities in 2018, including Houston, St. Louis, Albuquerque, Des Moines and Greenville, South Carolina. [Full Article...]

Possibly Coming Soon To A Ford Plant Near You: Bionic Workers

Possibly Coming Soon To A Ford Plant Near You: Bionic Workers While this isn't the first exoskeleton created to assist the human worker, the EksoVest demonstrates how such tools can prevent injury due to fatigue and provide physically disabled individuals the opportunity to regain lost abilities. "Working with Ford enabled us to test and refine early prototypes of the EksoVest based on insights directly from their production line workers", said Russ Angold, ... [Full Article...]

After security breach costs, Equifax clears Q3 with $96M profit

After security breach costs, Equifax clears Q3 with $96M profit They have dropped around 25 percent since the company's September 7 disclosure of the breach that exposed sensitive data on 145.5 million consumers. "We have received requests for information and subpoenas for a number of United States and Federal Regulatory Agencies and several regulatory agencies outside the U.S.", Barros said. [Full Article...]

Alibaba sales surge to $5 billion in 15 minutes on Singles Day

Alibaba sales surge to $5 billion in 15 minutes on Singles Day Single's Day started as an obscure "anti-Valentine's" celebration for single people in China back in the 1990s, but it has spawned into the world's biggest online shopping day after Jack Ma , the billionaire owner of shopping giant Alibaba spotted an opportunity. [Full Article...]

Volkswagen to work with Google on quantum computing projects

Volkswagen to work with Google on quantum computing projects IBM has also built and measured an operational 50 qubit processor. Quantum computing is believed to hold incredible potential , thanks to an architecture that's fundamentally different from that of today's personal computers, smartphones and other computing devices. [Full Article...]

NXP Semiconductors NV (NXPI) Stock Rating Upgraded by Zacks Investment Research

BMO Capital Markets maintained NXP Semiconductors NV (NASDAQ: NXPI ) rating on Monday, October 16. It closed at $104.33 lastly. It has outperformed by 0.45% the S&P500. Investors sentiment decreased to 1.02 in Q2 2017. Its up 0.20, from 0.83 in 2017Q1. It turned negative, as 63 investors sold EOG shares while 318 reduced holdings. [Full Article...]

Tyson recognized for LGBTQ support

Tyson recognized for LGBTQ support Humana Inc. and Brown-Forman Corp. both repeated their ideal score of 100 from a year ago in the HRC's 2018 Corporate Equality Index , while Kindred Healthcare improved its score from 20 to 100 in the latest report. The HRC Foundation evaluates survey respondents in four areas: anti-discrimination policies for sexual orientation, gender identity and expression; equitable benefits for LGBTQ work... [Full Article...]

Compensation for broadband users

Compensation for broadband users Therefore Ofcom is introducing some new rules to ensure SME's are given clear, detailed information upfront about what service quality to expect and whether they can claim compensation when problems occur. Waiting too long for your landline or broadband to be fixed is frustrating enough, without having to fight for compensation. Ofcom's research showed that engineers fail to turn up to aro... [Full Article...]

Hear The Chevy Corvette ZR1's Engine In Teaser; New Info Surfaces

Hear The Chevy Corvette ZR1's Engine In Teaser; New Info Surfaces Prominently stanced on the cover, the all-new orange Corvette ZR1 looks drastically more aggressive than the current Z06. The much-anticipated ZR1 version of the C7 Corvette would be a 2019 model. There are a few changes from the Corvette Z06 , including a rear spoiler wing that is adjustable and contributes to 500 pounds of downforce at speed and front slightly wheels that are a half an in... [Full Article...]

USDA Crop Production Report: Corn Rises, Soybeans Unchanged

USDA Crop Production Report: Corn Rises, Soybeans Unchanged This means the 2017 corn crop would be 14.6 billion bushels, almost 300 million bushels larger than expected just last month. Wheat was 0.20 percent lower at $4.28-1/4 a bushel. Corn and soybean futures traded moderately lower after the report . An estimated 2.95 million acres will be harvested for grain. Moreover, The USDA reported 1.16 mt of soybeans sold for export during the week of ... [Full Article...]

127 institutional investors are raising stakes in JC Penney Company, Inc. (JCP)

127 institutional investors are raising stakes in JC Penney Company, Inc. (JCP) Cowen and Company set a $6.00 price objective on shares of J. C. Penney Company, Inc . Holding by 33.6% during the 1st quarter. NY boosted its position in J.C. Inventory at the end of the third quarter 2017 was $3.37 billion, a decrease of 8.8 % compared to the end of the third quarter a year ago, and down 5.7% on a comp store basis. [Full Article...]

Cheetah Mobile announces Bytedance, Musical.ly merger

Cheetah Mobile announces Bytedance, Musical.ly merger It also has a live-streaming platform called live.ly. The startup's struck deals with media firms including Viacom Inc and Comcast Corp's NBCUniversal to make original shows. The Wall Street Journal recently reported that terms of a new funding round ascribed the company a valuation of $10 billion. Photo Employees of Musical.ly at the Shanghai offices of the start-up. [Full Article...]

Jump in industrial output helps to narrow United Kingdom trade gap

Jump in industrial output helps to narrow United Kingdom trade gap The August production growth was revised up to 4.5 percent from 4.3 percent reported initially. During the first half of this fiscal, the output of these goods declined by 1.5 per cent as against a growth of 6.9 per cent previous year. Economists forecast industrial output to climb 0.3% on month in September, slightly faster than the 0.2% increase logged in August. Electricity generation growt... [Full Article...]

Uber loses appeal over workers' rights court ruling

Uber loses appeal over workers' rights court ruling Last year, two drivers successfully argued at a British employment tribunal that Uber exerted significant control over them to provide an on-demand taxi service and should grant them workers' rights such as holiday entitlement and rest breaks. [Full Article...]

BBC stars highlight equal pay day

BBC stars highlight equal pay day While the gap is wider for women in their 50s, at nearly a fifth (18.6%), it has in fact grown among women in their twenties too - from 1.1% in 2011 to 5.5% in 2017. Today is effectively the last day women in the United Kingdom are paid to work. With all the intelligence we have in the world, the gender pay gap is a solvable - and should be a solved - problem. [Full Article...]

China opens up its financial sector to foreign ownership

China opens up its financial sector to foreign ownership Overseas companies are now not allowed to have a controlling stake in firms in China. The Post reported that many foreign banks that invested in Chinese banks as strategic investors during 2004-2008 sold their shares in 2009-2014. "These restrictions, and many others yet to be addressed, have been hindering economic activity in China for far too long", he said. During the meetings, Trump again... [Full Article...]

Turkey's Yildirim says United States visa move positive, calls for extradition of cleric

Turkey's Yildirim says United States visa move positive, calls for extradition of cleric Turkey has been angered by what it sees as USA reluctance to hand over the cleric Fethullah Gulen, who has lived in Pennsylvania since 1999 and whom Ankara blames for orchestrating the coup. Both are accused of links to last year's coup attempt. The Embassy said the U.S. continues to have serious concerns about the existing cases against its citizens arrested under the state of emergency and t... [Full Article...]


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