Thursday July 20-th, 2017

Toshiba sues Western Digital in feud over memory unit sale Toshiba sues Western Digital in feud over memory unit sale

Western Digital said it will provide debt financing to facilitate a sale as part of the resubmitted bid. The pitfalls exist from the beginning, whose resolute opposition to the sale of the partner of Toshiba in the memories for the past 17 years...

New study of Seattle's $15 minimum wage says it costs jobs New study of Seattle's $15 minimum wage says it costs jobs

Researchers at the University of Washington studied Seattle's phased-in increases - first from $9.47 to $11 per hour in 2015 and to $13 per hour in 2016 - and found the second wage increased reduced work hours in low-wage jobs by 9 percent whil...

Names of man, 2 children, killed in Mississauga crash released Names of man, 2 children, killed in Mississauga crash released

Lakeisha, whose 13-year-old brother was killed in the crash, remains in critical condition. The man was the only occupant inside the Mazda. Ayon's mother and driver of the Mercedes, 24-year-old Camall Brown-Williams, suffered non-life-threatening i...

'Pharma Bro' defies advice to keep quiet before fraud trial

He earned the title of "Pharma Bro" and sparked outrage in 2015 for hiking the price of a life-saving drug used by AIDS patients by more than 5 ,000 percent. Shkreli quickly threw fuel on that fire by refusing to decrease the price of Daraprim. ...

Ecommerce giant Amazon to buy Whole Foods grocery chain in blockbuster deal Ecommerce giant Amazon to buy Whole Foods grocery chain in blockbuster deal

The relationship between Instacart and Whole Foods dates back to 2014 but deepened in 2016, when they announced a new five year deal. Whole Foods recently overhauled its board and redoubled cost-cutting efforts, seeking to change a high-p...

Hedge fund star Dan Loeb bets $3.5 billion on Nestle Hedge fund star Dan Loeb bets $3.5 billion on Nestle

Third Point said it had acquired one percent in Nestle, worth $3.5 billion (3.1 billion euros), in a letter to investors on Sunday that lamented the Swiss conglomerate's company's recent underperformance in comparison with its rivals. Nestle said ea...

Lockdown lifted at military post; no injuries reported Lockdown lifted at military post; no injuries reported

No casualties have been confirmed and no area hospitals have reported any injuries. Redstone Arsenal near Huntsville tweeted Tuesday that it is on lockdown. The gates to the Arsenal are open and operational. A second message send at 10:30 reads...

Name to be removed from Trump-branded Toronto tower Name to be removed from Trump-branded Toronto tower

The original owner of Toronto's Trump Hotel was billionaire Alex Shnaider and his real estate company Talon International Development Inc. Trump's business interest will receive at least $6 million for walking away from its long-term contracts, and...

Police looking for more victims of Uber driver who allegedly assaulted passenger Police looking for more victims of Uber driver who allegedly assaulted passenger

At around 2.15am on April 22, a woman in her thirties was collected by the driver, and the pair began the trip to her home. She immediately called police, who took Spence into custody that evening, said LAPD. Uber management and the Department of Tr...

International Monetary Fund strips Trump investment plan from United States growth forecast International Monetary Fund strips Trump investment plan from United States growth forecast

The IMF, in its annual review of the American economy, questioned the White House's plan to accelerate output and said it was skeptical the administration would be able rev up the world's largest growth engine to a sustained 3% annual rate.

GST Rates Fixed For Hotels, Lottery Tickets; Rollout Confirmed For July 1 GST Rates Fixed For Hotels, Lottery Tickets; Rollout Confirmed For July 1

Though the new system will be in effect from July 1, businesses have been given time until September 5 to file returns for July. The GST rule will be making various luxuries like eating outside, staying in hotels, buying automobiles, etc. "Extension ...

Castroneves leads Penske march at Road America qualifying

Points leader Scott Dixon won Sunday's Kohler Grand Prix at Road America in a race that was looking to be dominated by Team Penske . The victory was the 41st of Dixon's career, pulling him within one of Michael Andretti for third place on ...

Louisville, Pitino await NCAA discipline in escorts case Louisville, Pitino await NCAA discipline in escorts case

Calling the punishments unfair and unjust, school officials said they intend to appeal the committee's findings and punishments. Pitino must sit out the first five conference games of the upcoming 2017-18 season. And their self-imposed recruiting...

Pandora co-founder and CEO Tim Westergren to reportedly step down Pandora co-founder and CEO Tim Westergren to reportedly step down

Recode aren't quoting anyone on the record, but those in the know claim Westergren has made the move, but will remain with the company until a replacement is found. What's more, with a stake in Pandora, Sirius is also for the first time set to profi...

Amazon To Buy Whole Foods For $13.7 Billion Amazon To Buy Whole Foods For $13.7 Billion

West Hartford resident Nancy Kennedy, 88, who stopped by the Whole Foods store to shop, said she does not go online because she's not familiar with digital technology. "I like picking out my own stuff", Hall said. Amazon to buy Whole Foods in...

GOP senators now oppose health care bill as written

And it undermines protections for Americans living with serious and chronic diseases, who could face the re-imposition of yearly and lifetime caps on their care. The bill would cut and redesign the Medicaid program for low-income and disabled people,...

Pelosi defends leadership following special election loss

Appearing on MSNBC's "Morning Joe" Thursday, Ryan called the Democratic brand "toxic" and addressed his party's losses in special elections this week, particularly in the sixth district of Georgia, where Republican candidate Karen Handel and outside ...

Qatar Receives List Of Demands It Must Meet To End Sanctions

The Qatari foreign ministry confirmed early on Saturday that it had received the list of demands, and would now "prepare an appropriate response". The Arab states involved all have close ties with the US, but the US State Department and Secretary o...

Qatar Airways Expresses Interest in 10% Stake in American Airlines

Qatar Airways , with which American has been at odds for sometime, said it is planning to buy an initial stake of 4.75% - the most it can own without the prior approval of American's board. The countries have suspended all flights to and from Qatar. ...

Short Interest in Coca-Cola Company (The) (KO) Rises By 14 Short Interest in Coca-Cola Company (The) (KO) Rises By 14

Boeing had 40 analyst reports since August 26, 2015 according to SRatingsIntel. The stock now has an average rating of Hold and a consensus price target of $44.65. Wade G W reported 137,640 shares stake. Hollow Brook Wealth Ltd Co invested 0.13% in T...

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