• Can Sprint nab the Charter Communications deal it is chasing?

    Can Sprint nab the Charter Communications deal it is chasing?

    Money

    The telecom giant, controlled by Japan's SoftBank, reported a net income of $206 million, or 5 cents per share, compared to a loss of $302 million, or 8 cents per share, in 2016. "We observed last quarter that we've never in our careers encountered a company whose financial reports, on an as-reported basis, make it as hard to discern underlying trends (although, to be fair, the entire wireless sector is problematic on this score)", Craig Moffett of MoffettNathanson wrote in a note to investors.
  • Eurozone recovery on track as growth rises

    Eurozone recovery on track as growth rises

    Money

    The euro zone may not be growth champion in the second quarter, after the US rebounded to an annualized 2.6 percent thanks to consumer spending and business equipment investment. Since the start of the year, with the exception of February, the euro has ended the month on a positive note. Despite the still below target inflation, the general improvement in economic conditions and slightly less dovish comments from Mario Draghi means we think there is a reasonable chance the European Central ...
  • AstraZeneca's Imfinzi Drug Combo Fails in Phase III Lung Cancer Trial

    AstraZeneca's Imfinzi Drug Combo Fails in Phase III Lung Cancer Trial

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    One of AstraZeneca's big hopes, a combo of its new I-O med with another experimental cancer drug, has missed a key primary endpoint in first-line lung cancer patients. The trial featured an immunotherapy drug, which AstraZeneca hopes will be able to be used as an alternative to chemotherapy in the treatment of non-small cell lung cancer in future, but results were disappointing.
  • Arun may be appointed India bowling coach

    Arun may be appointed India bowling coach

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    Kumble described his partnership with Kohli as "untenable" before stepping down last month after the Champions Trophy. "I don't think there is added pressure because what has to happen will happen, I believe in that regardless of what happens around in the outside world; as a team we aspire to achieve what we want to achieve".
  • Blue Apron Stock drops as Amazon announces Meal Kit Business

    Blue Apron Stock drops as Amazon announces Meal Kit Business

    Money

    Blue Apron and Gobble already offer similar services. A request for comment to Amazon wasn't immediately returned. Blue Apron's stock has fallen precipitously since its IPO despite the company's slashing of its initial share price, a development widely blamed on Amazon's Whole Foods announcement .
  • Sikkim standoff continues: India sticks to its guns on Chinese diplomacy!

    Sikkim standoff continues: India sticks to its guns on Chinese diplomacy!

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    India's government immediately seized on Monday night's atrocity to intensify repression of the mass protests that have convulsed Jammu and Kashmir, the country's only Muslim-majority state, for the past year. CPI-M General Secretary Sitaram Yechury said the government conveyed about the efforts being carried out to resolve the dispute with China . Early in June, Indian soldiers stopped Chinese troops from constructing a new road that Delhi has described as a major security concern ...
  • Gymboree is closing 350 stores, including 24 in California

    Gymboree is closing 350 stores, including 24 in California

    Money

    Gymboree has contracted with Great American Group and Tiger Group to handle the closing sales which will begin on July 18. She said it's unknown when the Fargo store will close. More than 900 locations will remain open after the listed stores are shut down. The chain has suffered thanks to declining mall traffic, online competition and fixed rent costs.
  • Supply Concerns Continue To Hit Crude Oil Prices, Inventories Back In Focus

    Supply Concerns Continue To Hit Crude Oil Prices, Inventories Back In Focus

    Money

    Crude prices are stuck around 18 per cent below their starting point for 2017. Benchmark Brent crude was down 10 cents at $46.78 a barrel by 0820 GMT. Oil prices remained steady as at May 24 at the global market trading above 50 dollars per barrel, as the traders await formal declaration of the production cut extension.
  • Exploding Airbag Kills Man Repairing 2001 Honda Accord

    Exploding Airbag Kills Man Repairing 2001 Honda Accord

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    At least 17 deaths and 180 injuries worldwide are now linked to the issue. The company said the person was using a hammer while the ignition switch was in the "on" position. The problem touched off the largest automotive recall in US history, involving 42 million vehicles and 69 million air bag inflators. Honda urged owners who have received recall notices to get repairs made as soon as possible, especially those with the most unsafe type of inflator.
  • Auburn's Wiley has double-double, but Canada beats Team USA

    Auburn's Wiley has double-double, but Canada beats Team USA

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    Outscoring the US 6-2 over the third quarter's first 1 minute and 34 seconds, Germany pulled ahead 37-35, marking the first time in the USA's five games that it found itself trailing in the second half. The Americans had a 51-35 rebound advantage. The U.S. squad scored 17 of the first 21 points and jumped out to a 25-6 lead after the first quarter.
  • Construction crane causes concerns for Oakland fire crews

    Construction crane causes concerns for Oakland fire crews

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    The National Weather Service of the Bay Area said a satellite detected temperatures as high as 1,145 degrees Fahrenheit from the Oakland fire. At least 10 evacuated residents are staying at an emergency shelter. It stretches across three blocks and had a planned 225 apartments and 2,300 square feet of retail space. A fire burned a West Oakland halfway house at 2551 San Pablo Ave.
  • Sharp Decline in Car Sales in June

    Sharp Decline in Car Sales in June

    Money

    NB CA now owns 6,850 shares of the auto manufacturer's stock worth $242,000 after buying an additional 100 shares during the last quarter. Savant Capital Ltd Liability Company invested in 33,689 shares or 0.11% of the stock. A rental-car reduction "is not something normally seen" at the start of a cyclical sales downturn, R.W. Baird analyst David Leiker said in a research note.
  • Samsung plans $18bn chip investment as Toshiba founders

    Money

    Tech firms have been increasing their data centers and servers in order to increase data from mobile devices and motor vehicles as well as expectations that increased dependence on artificial intelligence means would mean more demand for data handling operations.
  • Qatar defiant after missing sanctions deadline

    Qatar defiant after missing sanctions deadline

    Money

    Qatari officials say the demands are so strict that the four countries never seriously intended them as a negotiating position and see them as being aimed at hobbling Doha's sovereignty. The summit brings together leaders including U.S. President Donald Trump , Turkish President Recep Erdogan and Russian President Vladimir Putin. The countries who had imposed sanctions against Qatar had sent an ultimatum having 13 points and a 10-day deadline, which was supposed to end today.
  • Serge Ibaka Signs Three-Year Deal To Stay With Raptors

    Money

    Ibaka and Lowry share the same agent and I would imagine Ujiri has at least worked out the framework of what a new deal would look like for Lowry. "I'm coming back to Toronto because my heart is telling me that it's home", said Lowry, noting that he still hasn't had poutine - a wildly popular dish in Canada.
  • Djokovic tops Monfils for his 4th ATP title on grass — ATP Eastbourne

    Djokovic tops Monfils for his 4th ATP title on grass — ATP Eastbourne

    Money

    He suffered a surprise early exit to Sam Querrey at Wimbledon a year ago, then was beaten by Swiss third seed Stan Wawrinka in the US Open final. Top seed Djokovic, playing in his first Wimbledon warm-up event since 2010, will be seeking his first title since claiming the Qatar Open in January.
  • Constellation Brands Inc. (STZ) closed its previous trading session at $192.79

    Constellation Brands Inc. (STZ) closed its previous trading session at $192.79

    Money

    The collective rating of 2.1 for Constellation Brands , Inc. For the last period, the company reported quarter over quarter EPS growth of 90.10% and quarter over quarter sales growth of 5.50%. If you are viewing this news story on another domain, it was illegally stolen and republished in violation of USA & global trademark and copyright legislation.
  • Buffett's company buys 10 pct of real estate investment firm

    Buffett's company buys 10 pct of real estate investment firm

    Money

    Berkshire bought 18.6 million shares of Store Capital Corp . for $20.25 per share in a private placement sale. So, most stocks that are involved with brick-and-mortar retail have fallen as well, and REITs that own retail real estate have not been spared.
  • Pakistan wants peaceful relations with its neighbors including India: Sartaj

    Pakistan wants peaceful relations with its neighbors including India: Sartaj

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    Relations between the two countries deteriorated significantly following a terrorist attack in Pakistan's Lal Shahbaz Qalandar shrine that claimed dozens of lives and which Islamabad blamed on terrorists hiding in Afghanistan. Visiting Chinese Foreign Minister Wang Yi , left, and Pakistan's adviser on foreign affairs Sartaj Aziz, right, leave after a press conference, in Rawalpindi, Pakistan, Sunday, June 25, 2017.
  • Who Can Donate Blood?

    Who Can Donate Blood?

    Money

    The agency is supposed to have enough units of blood to meet its needs for a period of five to eight days, but director of donor relations, Michael Betel, says current supplies are much lower. You must be above 18 years of age. He further asserted that all should voluntarily donate blood on regular basis so that there will be sufficient amounts of safe blood in stock.
  • UK's Hammond says new UK-EU regulatory process needed after Brexit

    UK's Hammond says new UK-EU regulatory process needed after Brexit

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    Anxious by immigration and loss of sovereignty, Britain voted a year ago to end its four-decades-old membership of the 28-country bloc - the first state ever to do so - in a shock referendum result. Hammond's comments come after tech entrepreneurs expressed their concerns that British startups could be damaged by the withdrawal of EIB funding following the country's decision to leave the EU.
  • Fed: Biggest US banks strong enough to withstand recession

    Fed: Biggest US banks strong enough to withstand recession

    Money

    The Fed introduced stress tests after the 2008 financial crisis rocked markets around the globe in order to examine whether the country's biggest banks could handle a severe recession. Bank executives and many investors hope the Fed will allow lenders to put a lot more capital toward stock buybacks and dividends. It was the third straight year that the Fed rejected the plan of the US division of Santander, which is one of Europe's biggest banks, and the second straight rejection for Deutsche ...
  • MSCI adds domestic Chinese stocks to global benchmark

    Money

    According to the review, a two-step inclusion process will be used to account for the existing daily trading limits on Stock Connect. Nigeria will remain a frontier market , awaiting further review. Material stocks led gains, while healthcare shares fell. The MSCI China Index has jumped 24 per cent in 2017, helping propel Tencent Holdings Ltd.
  • Trump confirms that he is being investigated for firing FBI Director

    Money

    An official of Trump's transition confirmed the laywer's internal order sent Thursday. Associate Attorney General Rachel Brand will oversee the Department of Justice probe into Russian Federation meddling in US elections if Deputy Attorney General Rod Rosenstein recuses himself from the investigation, Axios reported Friday .