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Oil hits its best level in more than 3 years

Also comments by the U.S. President Donald Trump , who Wednesday warned Russian Federation that missiles "will be coming", in Syria after a suspected chemical attack , also affected the global oil market. John Kilduff, founding partner at energy hedge fund Again Capital, earlier on Wednesday said US crude prices could be heading to $70 after breaking through the previous 2018 high of $66.66. Read More »

Volkswagen's Herbert Diess to head volume brand division

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Mueller, who has been in the top job for less than three years , took over the role as public outrage peaked over the company's diesel emissions scandal . It has promised more than 80 new electric and plug-in hybrid models by 2025. Bernd Osterloh, the company's powerful labor leader, balked at negotiating with him during tough contract talks in 2016, but Diess prevailed with a landmark deal that paved the way to cutting as many as 30,000 jobs and saving 3.7 billion euros ($4.6 billion). Read More »

Google loses 'right to be forgotten' case in the UK

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The businessman, who can not be named due to reporting restrictions, was convicted over a decade ago for conspiring to intercept communications. The judge also rejected a case brought by another anonymous business referred to as NT1. In a ruling last month, Paris judges said that Google had to reduce the visibility of stories about a former chief financial officer at a French company who was fined 200,000 euros ($247,000) for civil insider-trading violations. Read More »

Stay away or Get in: Time Warner Inc. (TWX)

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Bank Of Nova Scotia increased its stake in Carnival Corp (CCL) by 118.97% based on its latest 2017Q4 regulatory filing with the SEC. Currently, the stock has a 1 Year Price Target of $105.34. The company was initiated on Thursday, January 21 by Albert Fried. (NYSE: TWX ) earned "Overweight" rating by Barclays Capital on Friday, February 2. Read More »

Man arrested for duping women on pretext of marriage

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Deputies said Hurley had gone to the female victim's home in the Hickory Tavern Community, but she wasn't home at the time. She then picks him up and shakes him and smacks him in the face. "When the girl came to meet his family in Mumbai, she found that she has been cheated", said Roy. Everything moved quickly after that, but within 12 minutes, she gave birth to a healthy baby boy. Read More »

Intel Corporation (NASDAQ: INTC)

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Jasper Ridge Partners Lp who had been investing in Intel Corp for a number of months, seems to be less bullish one the $246.73B market cap company. The stock decreased 0.50% or $0.17 during the last trading session, reaching $33.95. Following the transaction, the chief executive officer now directly owns 259,082 shares of the company's stock, valued at $11,808,957.56. The insider JOHNSON RADY A sold 27,323 shares worth $998,666. Read More »

Here's the NJ guy who won the $533M Mega Millions jackpot

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Forty-seven-year-old Richard Wahl, of Vernon, New Jersey, was introduced today during a news conference at lottery headquarters after winning the half-billion March Mega Millions drawing, the largest single jackpot in state history. Wahl said he chose to take the cash option rather than yearly annuity payments and will end up with about $175 million after taxes, NorthJersey.com reported. Read More »

OPEC sees higher 2018 oil supply from rivals, stronger oil demand

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OPEC on Thursday revised its forecast for supply growth from its rivals for 2018 by almost three times more than its revised projection of growth in global oil demand. This was the cartel's lowest production in one year , as Venezuela's output continued to plummet (down 55,300 bpd over February); Saudi Arabia cut 46,900 bpd from its February level; and Angola and Libya also registered big declines. Read More »

Govt is said to ask oil retailers not to raise fuel prices

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The government has told public sector oil marketing companies (OMCs) that retail price of petrol should not increase beyond Rs 75 a litre in Delhi, The veiled entry of administered price mechanism regime for the two decontrolled petroleum products - petrol and diesel - comes amid concerns that continued upshot in prices could have an adverse fallout for the ruling BJP ahead of elections. Read More »

Infosys posts lukewarm Q4 FY18 results, FY19 guidance disappoints

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This is higher than the 5.8 per cent revenue growth recorded in FY18 in constant currency terms. Net profit declined 28.2% to $571 million in the March quarter, from $796 million in October-December as the Bengaluru-based company booked a $225 million gain on reversal of income tax expenses in the US. Read More »

The Fortis Healthcare saga continues...here's how it has unfolded so far

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Media reports also suggest that Kuala Lumpur-based IHH Healthcare has also sent a letter to board of the Fortis Healthcare indicating that it would be willing to offer Rs160 per share to acquire controlling stake in the company. Manipal said its revised plan gives Fortis shareholders Rs 155 per share in value, up from Rs 140 earlier. Shares of FORTIS HEALTHCARE LTD . was last trading in BSE at Rs.151.95 as compared to the previous close of Rs. Read More »

Five Arrested for Illegal Rave in Abandoned London Toys R Us

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Larian, CEO of privately held MGA Enterprises that makes the popular LOL Surprise dolls, said other toy companies initially were interested in joining the crowdfunding effort but backed down. Toys "R" Us filed for bankruptcy last fall. Larian also led a crowdfunding effort through GoFundMe to raise $1 billion in an effort to buy the iconic toy retailer. Read More »

Wells Fargo (WFC) Releases Earnings Results

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This repurchase authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. A number of hedge funds and other institutional investors have recently made changes to their positions in WFC . Read More »

Tesla NASDAQ:TSLA Collapse in 2018

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The stock has been active on the tape, now trading at $294.08, down from yesterday's close by -2.28%. TSLA has been the topic of several other research reports . In businesses, income can refer to a company's remaining revenues after all expenses and taxes have been paid. Tesla Motors Inc had 139 analyst reports since July 21, 2015 according to SRatingsIntel. Read More »

Jaguar Land Rover blames Brexit for plan to shed 1000 jobs

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Jaguar Land Rover , which has its £1 billion engine manufacturing centre at the i54 to the north of Wolverhampton, will be announcing the step when it unveils its production plans for the 2018-2019 financial year on Monday. JLR said it was fully committed to its United Kingdom factories after investing £4bn in them since 2010. Britain's largest auto maker is to cut 1,000 jobs in the West Midlands after a slump in its sales which the company is blaming on uncertainty over Brexit and the ... Read More »

North Carolina restaurant serves tarantula burger part of 'exotic meat month'

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The food creating the most buzz is the tarantula burger and the Tarantula Challenge . First, you have to go into the restaurant to enter and then keep an eye on Bull City's social media to find out if you've "won". One victor is drawn daily and their ticket number is shared on social media; they then have 48 hours to contact the restaurant and schedule a time to devour their tarantula-topped prize. Read More »

Stock Showing Surging Activity: Citigroup Inc

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Hollow Brook Wealth Management Llc who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $184.68 billion market cap company. It was reported an increase on Citigroup Inc (NYSE:C)'s shares shorted with 1.14%. Laurel Wealth Advisors Inc. boosted its position in shares of Citigroup by 41.6% in the 4th quarter. Read More »

Herbert Diess replaces Matthias Muller as Volkswagen Group CEO

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The ousting of Volkswagen Group's head executive Matthias Müller , rumore in media ever since the beginning of the week, has been confirmed on Thursday by the German company. Prior to this, the company admitted that it had used devices to the skew results on USA emission tests. About 482,000 were sold in the USA, and 11 million around the world. Read More »

Trump Administration Weighs Plan To Drug Test Food Stamp Recipients

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Currently, federal law prevents states from deciding their own conditions for people to be eligible for food assistance. The food stamps programs is officially known as the Supplemental Nutrition Assistance Program (SNAP). The emails obtained by the AP suggest that a plan could be forthcoming. In December, The New Food Economy's H. Claire Brown reported on Walker's decision to move forward with drug-testing requirements in Wisconsin, even though the United States Department of Agriculture ... Read More »

Loom Network (LOOM) moved up to $0.1289 for a day

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Ripple (XRP) traded up 24.7% against the dollar and now trades at $0.64 or 0.00007875 BTC . Ethereum Movie Venture has a total market cap of $3.18 million and $3,373.00 worth of Ethereum Movie Venture was traded on exchanges in the last day. Read More »

Trump orders review of US Postal Service, having denounced Amazon shipping deal

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While the President's order doesn't mention Amazon by name, that line, in particular, appears to be a direct dig at the Seattle-based company. "Unlike others, they pay little or no taxes to state & local governments, use our Postal System as their Delivery Boy (causing tremendous loss to the U.S.), and are putting many thousands of retailers out of business!" The task force would submit a report on its findings and recommendations to Trump within 120 days since the issuing of the executive ... Read More »

Gender pay gap for council staff revealed

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Tuesday was this year's "Equal Pay Day", its date purportedly representing how far into the new year women have to work to catch up with the amount of money men earned in the prior calendar year. "As part of this, we are looking to identify women (and men) as role models across a whole range of roles within our organisation". The 13-cent gap is the same as in 2017. Read More »

Bank of America Corporation Reaffirms Purchase Rating for Amazon.com, Inc

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The shares were sold at an average price of $767.15, for a total transaction of $3,751,363.50. (NASDAQ: AMZN ). Fifth Third Bankshares reported 0.96% in Amazon .com, Inc. (NASDAQ: AMZN ) for 1,548 shares. Brean Capital maintained the stock with "Buy" rating in Thursday, November 3 report. Amazon had 74 analyst reports since October 13, 2017 according to SRatingsIntel. Read More »

Netflix shares rise as Goldman Sachs raises Price Target

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Typically, active investors are seeking short-term profits. The stock increased 1.88% or $5.6 during the last trading session, reaching $303.67. James Hambro & Partners purchased a new stake in shares of Netflix during the fourth quarter worth approximately $106,000. Read More »

VW appoints Herbert Diess as new CEO, creates new divisions

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Germany's Handelsblatt business publication reported, however, that Mueller would be replaced by Herbert Diess, head of the core Volkswagen brand. Diess was the subject of speculation as a possible successor to Winterkorn when he arrived at Volkswagen from BMW less than three months before Winterkorn's sudden departure left the company needing a new CEO in a hurry. Read More »

Bed, Bath & Beyond, Dominion Topple into Thursday's 52-Week Low Club

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Bank of America's price target would indicate a potential downside of 7.51% from the company's previous close. Analysts suggested mean rating of 3.40, according to Finviz. Therefore 0 are positive. The stock appeared -46.69% downward to its 52-week high and 12.74% above its 52-week low. $39.56's average target is 84.00% above currents $21.5 stock price. Read More »

Officials in manhunt as five more disappear from Commonwealth Games

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In Lawn Bowls, Australia's Mixed B2/B3 Pairs team beat South Africa 12-9 to claim another Gold medal. Cameroon's last remaining boxer, Dieudonne Wilfried Seyi Ntsengue, on Wednesday advanced to the semi-finals in the 75kg division with a unanimous points victory over New Zealand's Ryan Scaife. Read More »

Trudeau meeting Sunday with BC, Alberta premiers over Trans Mountain impasse

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Alberta Premier Rachel Notley says Ottawa has promised specific action to try to break the impasse over the Trans Mountain pipeline, but federal Finance Minister Bill Morneau won't say exactly what measures are on the table. She is introducing a bill next week to give her the power to turn down the oil taps to B.C., and says that will involve imposing new conditions on export licences. Read More »

Stock market index drops by nearly two points

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The three major USA indexes were all up more than a percent with all 30 Dow components in the positive territory. Global markets came under pressure last week as the United States and China threatened each other with tens of billions worth of tariffs. Read More »

Blackrock Inc (NYSE:BLK) Shares Shorted Declined By 3.7%

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Philip Morris International Inc. The stock increased 4.50% or $7.11 during the last trading session, reaching $165.04. About 21.94M shares traded. (NYSE: BLK)'s quarterly earnings on April, 18., RTT reports. Deutsche Bank AG upped their price target on shares of BlackRock from $412.00 to $418.00 and gave the company a "buy" rating in a report on Wednesday, October 5th. Read More »

All Toys R Us UK stores to close by April 24

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All 2,054 have been informed of the decision, and the administrators said they will be paid up until their last day of employment. The company has said the remaining 75 stores across the country will close by April 24. Discounts of up to 70 percent are in place from today and over the next fortnight. A rescue package confirmed last October involved closing a quarter of the retailer's United Kingdom stores, but the company did not trade well enough over Christmas to meet Value-Added Tax ... Read More »

"I'm sorry:" Zuckerberg opens Senate hearing with an apology

He has been under fire from the public and lawmakers regarding Facebook's privacy practices amid a scandal involving Cambridge Analytica , a data firm that worked for the Trump campaign. Furthermore, all of Facebook's 2.2 billion users will also see a prompt at the top of their News Feed that gives them quick access to check which apps and websites they are now sharing data with. Read More »