Saturday May 27-th, 2017

US Treasury blasts European tax probe of multinationals US Treasury blasts European tax probe of multinationals

Treasury Department complaints that probes into sweetheart tax deals between governments and big companies are hitting U.S. firms hardest. In addition to Apple Inc . The Treasury Department also argued penalties for these companies could have broa...

Tesla: New Model S is the Fastest Production Car on Earth Tesla: New Model S is the Fastest Production Car on Earth

Tesla said the powertrain remains just the same though there are some improvements meted out to the cooling elements and the electronics. For the first time, Tesla CEO Elon Musk said, "the fastest vehicle in the world, of any kind, is electric".

Uber loses more than $1 billion in 6 months Uber loses more than $1 billion in 6 months

Uber's reported loss comes in a year that has seen some regulatory setbacks for the ridesharing app. In a report Thursday, Bloomberg cited "people familiar with the matter" as saying Gupta gave the money-losing score last week as part of an ...

Earnings Whisper: Best Buy Co Inc (BBY), J M Smucker Co (SJM)

Knudsen Family and Sahale Snacks brands were offset by a decrease for the Smucker's brand. - Net sales of USA retail coffee are down 9 percent, to $513.3 million, compared with the first quarter of previous year, because the company twice cut retai...

The government is buying $20 million in surplus cheese The government is buying $20 million in surplus cheese

The U.S. Department of Agriculture said today that the feds will purchase about 11 million pounds of cheese for " private inventories ". Dairy producers have had trouble making money recently, as overseas buyers have stopped purchasing from the US ...

Zacks Rating on Trina Solar Limited (TSL) Zacks Rating on Trina Solar Limited (TSL)

The business's revenue for the quarter was up 33.0% compared to the same quarter previous year. Net revenues totalled Dollars 961.6 million, up 17.7% sequentially and 33% year-over-year. Company is -31.60% away from its 52 week high and is moving 3...

'Destructive tornado' in central Indiana 'Destructive tornado' in central Indiana

Indiana University Kokomo canceled all events on campus Wednesday evening due to the severe weather. A Starbucks coffee shop was destroyed around 3:2o p.m.in Kokomo, but there were no reported injuries. Tornado Warnings remain in place in parts of ...

Trump to rally supporters in Fairfield on Saturday

CT has not voted for a Republican for president since 1988. Trump's Democratic rival Hillary Clinton is expected to be in CT on Monday to attend a $33,000-a-plate fundraising dinner in Greenwich. Given that, Mr Trump's allies set out on Sunday to b...

Ahead of the Bell: US new-home sales Ahead of the Bell: US new-home sales

Close behind were the 13,000 new home sales between $300,000 and $399,999, accounting for 23% of total sales. " This is a continued sign that demand for new homes remains solid in a low interest rate, low unemployment environment ", he continued.

Fisherman Reveals He's Been Hiding Incredibly Large, Rare Pearl For 10 Years

The current largest known pearl in the world was found in Palawan sea in the 1930s. It's now on show at Ripley's Believe It or Not! in NY city. According to the Daily Mail , tourism officer Aileen Cynthia Amurao said the pearl, found off the coa...

Cabinet nod for GST Bill Cabinet nod for GST Bill

Just before the Constitutional Amendment Bill was introduced, the BJP staged a walkout from the assembly over the purported remarks of the Chief Minister against them. Two day short session of Gujarat assembly is also end today. The decision to conve...

Drake Performs 'Back to Back' In Philadelphia Drake Performs 'Back to Back' In Philadelphia

According to Billboard , he continued to say, "Just remember when you watch that video over and over tonight, it's not about your city. I love your city", Drake announced, seeming to talk to Meek". Meek Mill , 29, officially confirmed via Instagram...

Speedo drops sponsorship of Ryan Lochte Speedo drops sponsorship of Ryan Lochte

Ralph Lauren said it would not renew its contract with Lochte. Syneron Candela named Lochte as global brand ambassador for a product in April. Lochte said in a statement to E! He did not immediately address the other companies dropping their ...

Southern Rail strike: Commuters face start of five-day walkout

The opposition Labour Party has accused the government of failing to help resolve the dispute because of an anti-union agenda. The two sides are in dispute over staffing changes, which the company says would have no impact on safety and would not l...

Pfizer spends $14B on Medivation in cancer fight

Pfizer has been chasing Medivation for four months. The offer is a 55-percent premium to Sanofi SA's (SASY.PA) initial bid to buy Medivation for $52.50 per share in April, which pushed the San Francisco-based company to put itself up for sale.

Iran payment used as 'leverage' for prisoner release, says US Iran payment used as 'leverage' for prisoner release, says US

Thursday's explanation was the first time the US had so clearly linked the two events, which critics have painted as a hostage-ransom arrangement. Maybe the negotiations were separate to begin with (should we still take their word on that?), but as...

Cisco to cut 5500 jobs in shift away from switches, routers Cisco to cut 5500 jobs in shift away from switches, routers

United States internet gear maker, Cisco Systems , said on Wednesday it would eliminate up to 5,500 job positions, about 7 percent of its global workforce under its restructuring plan. And, like them, it has scooped up companies specializing in thos...

Coldplay Releases Video Recorded In Mexico City Coldplay Releases Video Recorded In Mexico City

Directed by Marcus Haney and shot predominantly on Super 8mm film, it features the band cycling to their show at the city's Foro Sol venue (where they set a new attendance record). The band is nominated in three categories of the MTV VMAs, held on ...

Brent holds firmly above $50 as oil returns to bull market Brent holds firmly above $50 as oil returns to bull market

SINGAPORE - Brent crude oil prices dipped in early Asian trading hours on Friday, but remained near two-month highs with Brent still holding above $50 a barrel in a bull-run that has lifted the market by over 20% since early August. Yet analysts have...

Fed's Williams says need to take away punch bowl of low rates

Housing Index in China averaged 2.14 percent from 2011 until 2015, reaching an all time high of 9.90 percent in November of 2013 and a record low of -6.10 percent in March of 2015. The contract climbed 21 cents on Wednesday to close at $46.79. The ...

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