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Aetna, Humana walk away from $34 billion deal after court ruling

Indianapolis-based Anthem Inc. further esclated its fight with Cigna Corp. on Wednesday morning, announcing it has filed a lawsuit in DE that seeks a temporary restraining order to prevent the Connecticut-based insurer from terminating their $4...

Sensex gains 125 pts in early trade despite weak economic data

At the closing bell, Nifty ended at 8725 with loss of 67 points and BSE Sensex closed at 28156 with reduction of 183 points. European stocks were broadly higher in early trade, with banks leading the surge on expectations that they will benefit fro...

Seahawks warned on Richard Sherman injury reporting, won't face further punishment

In a series of tweets Tuesday morning, NFL.com's Mike Garafolo reported a source had revealed the Seahawks would only be issued a warning for the violation. So with the league not punishing Seattle over the Sherman situation, the team will still ...

Cheating Husband Blames Uber For Divorce, Seeks Millions

An adulterous businessman in southern France is seeking damages of up to €45m (£38m) from Uber over his wife's discovery of his extra-marital affair, according to reports. The only response received is a single liner that explained the company's st...

US Producer Prices Climb More Than Expected In January

Inflation at the USA wholesale level posted the biggest increase in January since 2012, propelled by rising gasoline prices. The expectation for higher inflation could trigger a more aggressive interest rates hike by the Federal Reserve to control th...

DuPont, Chemours settles PFOA cases for $670 million

The C8 lawsuits were consolidated in a "multidistrict litigation" overseen by U.S. Chief District Judge Edmund A. Sargus Jr.in the Southern District of Ohio. In addition, DuPont and Chemours have agreed to address any potential PFOA liabilities...

Reckitt Benckiser inks Mead Johnson deal

The forecast of 5 surveyed investment analysts covering the stock advises investors to Buy stake in the company. They issued a "sell" rating and a $66.00 price target on the stock. Equities research analysts predict that Mead Johnson Nutrition Comp...

OH solar jobs up 21 percent in a year, says trade group

Solar jobs increased in 44 of the 50 states in 2016, the report found, with the top 5 states for solar jobs being California , Massachusetts, Texas, Nevada and Florida. Still, solar employment growth accounted for over 16% of all electric power...

Theme Parks, ESPN and Succession Plans

In spite of a recent share price rally, DIS stock also appears undervalued considering its lower valuation compared to the industry average. The Walt Disney Company on 11/10/2016 reported its EPS as $1.1 with the analysts projecting the EPS of ...

GoPro revives the Karma drone

Quarterly revenue climbed 23.8% year over year, to $540.6 million, and - based on generally accepted accounting principles (GAAP) - translated to a net loss of $115.7 million, or $0.82 per share. There was a bit of good news as adjusted earnings per ...

European Union to assume more responsibility amid Trump criticism

Angela Merkel has hit back at Theresa May's threat to slash taxes to undercut the European Union if it blocks a Brexit deal, warning taxes are the price paid for a just society. "I believe that the more strongly we make clear that we will define our ...

Super Bowl enforcement to blitz impaired drivers begins today

During Super Bowl Sunday 2016, Troopers arrested 15 drivers for DUI, issued 132 tickets for speeding and 424 tickets for all violations. If you drink and drive, you won't get hit with a yellow flag; you'll get pulled over, arrested, and prosecuted.

Hong Kong's January PMI signals contraction

Activity in the USA services sector hit a 14-month high in January, according to data released on Friday. It has not been higher since May 2011 and beat a 54.3 flash estimate. The index of economic growth showed output reaching a 10-month high in I...

Trump addresses discussion with Australian PM: 'Don't worry' about 'tough phone calls'

Trump's apparent dispute with Turnbull on Saturday came on the same day that he held phone calls with four other world leaders, including Russian President Vladimir Putin. "We are being taken advantage of by the rest of the world and it's not going t...

Trump Administration Modifies Sanctions with Our Play Cousin, Russia

The new order will reportedly allow US companies to make limited transactions with Russian intelligence agency FSB for the goal of importing technology into Russia. The Treasury ruled Thursday, however, that USA importers in Russia who are required...

Hennes & Mauritz Q4 Profit Climbs, Sees Sales Growth In FY17; Stock Up

H&M hasn't recently provided specific sales-growth targets. "This, combined with the ongoing improvements and our investments in the omni-channel offering, the supply chain and advanced analytics make us positive towards our opportunities for reach...

What Is H-1B Visa? 10 Points You Need To Know

Nasscom was reacting to a bill introduced by Congresswoman Zoe Lofgren , a California Democrat, that seeks to double the minimum salary required to be paid to holders of H-1B visas to $130,000, in a bid to prevent recruiters from bringing in lo...

Sia, Rosie O'Donnell pledge to donate to ACLU for LGBT immigrants

Beginning with an executive order to renegotiate the Keystone XXL and Dakota Access Pipeline, and now the president of the United States has placed a 90-Day ban on travelers entering our country from Syria, Iraq, Iran, Somalia, Sudan, and Yemen.

Honda and GM Join Forces in Fuel Cell Production

The 50-50 project will create 100 new jobs, the automakers jointly said Monday. That includes more than 2,200 separate patents between them for inventions in not only the stack itself but also high-pressure storage technology for onboard hydrogen...

Rally planned at Orlando International Airport to support immigrant rights

At least 200 people were in attendance at a protest outside of City Hall in the Central Business District. A smaller crowd was also gathered at Louis Armstrong International Airport outside of the arrivals area. "Based on his religion, he is being ...

TransCanada makes new application to U.S. for Keystone XL

Girling said the project, which would carry some 830,000 barrels of oil a day, will help meet America's growing energy needs and create substantial jobs and economic benefits on both sides of the border. Since it has been proposed almost a decade ago...

Aetna Misled American People About Why They Quit Obamacare

The proposed $37 billion merger between Aetna and Humana hit a roadblock Monday, when U.S. District Court Judge John Bates issued his ruling in a lawsuit between the companies and the federal government. "[Aetna] did not [leave] for business reason...

Retail sales figures show disastrous December for the High Street

Companies appear to be passing that on to consumers and the UK's main inflation rate hit a two and a half year high in December. For the past year, United Kingdom retail sales advanced 4.3 percent compared to the anticipated 7.2 percent gain, while...

Which way Canadian National Railway Company (NYSE:CNI) earning numbers may go

Shares of rail giants CSX ( CSX ) and Norfolk Southern (NSC) surged late Wednesday after Canadian Pacific (CP) said Keith Creel, who helped lead the Norfolk Southern takeover attempt previous year, will take on the CEO role about five months ea...

Why Apparel Retailers Moved Higher On Trump's Comments About The Dollar

Mr. Trump said the USA dollar was already "too strong" in part because China holds down its currency, the yuan. The WSJ Dollar Index, which tracks the currency against a basket of 16 others, tumbled more than 1% to a one-month low after Mr.

British American Tobacco agrees terms for Reynolds acquisition

The brokerage retained its Hold rating on Reynolds American shares. Now BAT will pay $29.44 in cash and 0.5260 BAT shares for each Reynolds share to land its prize, paying $25 billion in shares and $24.4 billion in cash. British American Tobacco h...

Ray-Ban owner Luxottica agrees €46bn merger with French lens maker Essilor

The $49 billion deal, expected to close in the second half of the year, will create "EssilorLuxottica", with total revenue of about $16 billion and more than 140,000 employees. Luxottica's shares would be delisted afterward, the companies said . ...

George Soros reportedly lost around $1 billion after Trump's election

His hedge fund, Soros Fund Management, manages approximately $30 billion for Soros and his family. As a result, some of Mr. Soros's trading positions incurred losses approaching $1-billion, the Journal said. Clinton emerged victorious the stock ...

The Growth Forecast For General Motors Company (NYSE:GM)

In the past 5 years, the stock showed growth of 5.21% per annum. Therefore, he preferred slash his EPS estimate by 32 cents a share to $5.68. While if we look at the Earnings Track Record, Ford Motor Company (F) managed to surpass quarterly earni...

OPEC deal: Kuwait reduces oil production

U.S WTI crude oil futures fell 29 cents to trade at $53.70 per barrel during Monday's Asian session. Light, sweet crude for February delivery recently lost $1.34, or 2.5%, to $52.65 a barrel on the New York Mercantile Exchange. US shale production ...

Note ban a sacred movement, will lead to clean economy: BJP

He claimed that the decision has badly hit fake currency, drug dealers and terror and Naxal funding. NE said the Modi government has taken up countless initiatives for the welfare and wellbeing of the poor, downtrodden, farmers, daily wage earners,...

Brooklyn train crash latest: 76 injured as train derails during rush hour

An estimated 430 people were on the train when the crash occurred. She said there was no warning before. Officials at the scene estimated that 600 to 700 people were on the train. N.J. Bassey said she was on her way to work when she boarded the train...

Bluefin tuna sells for $632000, but is that worth celebrating?

At that price, a single piece of fatty tuna sushi would cost about 25 times what he charges at his 51 outlets across the country. The massive bluefin tuna was caught off the coast of northern Japan. Many environmental experts fear that overfishing ...

Cuomo's free college tuition proposal raises many questions

Bernie Sanders wave at the audience as they arrive onstage at an event at LaGuardia Community College, Tuesday, Jan. 3, 2017, in NY. Sanders, who ran for the Democratic presidential nomination, has railed against student debt, saying it heavily bur...

Finland Tries Out Basic Income

In case these people are already receiving unemployment benefits, the amount will be deducted from it. Finland is offering free money to some citizens as part of an experiment aimed at cutting government red tape, reducing poverty and boosting empl...

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Breaking News

OPEC members complaining, says Nigeria is overproducing

Whether to exempt Iran from making any cuts was one sticking point in the meeting, said a delegate. Iraqi minister Thamir Abbas Al Ghadhban said deliberations would continue on...

China vows quick action on U.S. trade promises: 'The sooner the better'

The yield on the 5-year Treasury note has fallen below the yield on the 2-year note, a move that suggests investors are fearful about the economy's longer-term health. Yet many eco...

Trump says China to "reduce and remove" tariffs on US-made cars

President Donald Trump left his top advisers scrambling on Monday to explain a trade deal he claimed he'd struck with China to reduce tariffs on USA cars exported to the cou...

Diplomats struggle for agreement on G-20 summit statement

Ms Merkel also said she hopes a meeting between the U.S. and Chinese leaders will help resolve trade tensions between the two countries. Last week the US President said "it coul...

US stocks decline as trade angst weighs; TSX slightly up

On their face, the comments were a reversal from early last month, when Powell said the key interest rate was probably still a " long way " from a so-called neutral level and that ...

Trump Wants GM To Reimburse America For The Bailout?

GM is set to idle five factories in the U.S. and Canada and eliminate about 14,000 jobs, more than ten percent of its North American workforce. "This callous decision by GM to r...

Historical photos of King Abdul Aziz Al-Saud's visit to Egypt

The Egyptian presidency said the prince is due to arrive in Cairo later Monday for talks with President Abdel Fattah al-Sisi. In Tunis , he is expected to hold talks with the ...

Why Cold Snaps Don't Disprove Climate Change

The climate assessment is required by law every few years. One benefit the report may have, even despite a lack of media coverage, may be to weaken the administration's legal...

Bitcoin Dips Below $5,000 For The First Time In 13 Months

The free fall in crypto prices is pretty steep at the moment. BTC/USD is down more than USD 1,000 and it is now (UTC 08:30 AM) trading below the USD 4,500 level. Past year the ...

Amazon Has Made its Decision...Ocasio Cortez Is Not Happy

Amazon has amassed an unduplicated database of available sites and cities' strengths and weaknesses from the volumes of HQ2 proposals submitted. The company said the new fac...

Special Reports

MI becomes first Midwest state to legalize recreational marijuana

MI becomes first Midwest state to legalize recreational marijuana

Many opposed to the measure argued that the proposal was too unstructured as it would have allowed for people to grow and possess as much cannabis as they want. "This is yet anothe...

What you need to know about the Pa. midterm elections

What you need to know about the Pa. midterm elections

Laying into the tangled legal scandals enveloping the Trump administration - especially the possible collusion between his presidential campaign and Russian operatives - Obama sc...

Apple Will No Longer Report Hardware Sales Figures

Apple Will No Longer Report Hardware Sales Figures

Apple's faithful customers aren't snapping up iPhones quite as enthusiastically as anticipated heading into the crucial holiday shopping season. Sure enough, in the three month p...

Crude oil is doing something it hasn't done in years

Crude oil is doing something it hasn't done in years

The reign as world's biggest oil producer may be short-lived: Russian Federation in September produced 11.37 million barrels a day and they may be above 11.4 million in October....

IBM buying North Carolina-based Red Hat in $34B deal

IBM buying North Carolina-based Red Hat in $34B deal

Both Red Hat and IBM said the combined company will accelerate "hybrid multi-cloud adoption". "IBM's commitment to keeping the things that have made Red Hat successful - always t...