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Economy

No other reproduction or distribution is permitted without prior written consent. To showcase the United Kingdom carmaker's intent, Speth is unveiling designs for a battery version of Jaguar's iconic E-Type roadster at the Tata Motors Ltd.
  • Guardian Investment Management Raises Stake in Cisco Systems, Inc. (CSCO)

    Economy

    When the trading finished on 08/29/2017 Cisco Systems, Inc. (NASDAQ: CSCO ) on Wednesday, March 15. Inc. increased its position in shares of Cisco Systems by 23.1% in the first quarter. The stock has "Buy" rating by Deutsche Bank on Wednesday, September 14. More notable recent Cisco Systems, Inc. New Jersey-based Supplemental Annuity Collective Trust Of Nj has invested 1.07% in Cisco Systems, Inc.
  • Google Assistant is making its way to third-party speakers and appliances

    Google Assistant is making its way to third-party speakers and appliances

    Economy

    Again, more appliance hardware partners for Assistant, besides LG, are expected to be revealed in the future. And Microsoft announced it's teaming up with Harman Kardon on a smart speaker that uses Cortana. Unfortunately Panasonic was unable to confirm whether you'd be able to switch these inputs using your voice. The 8cm woofer is armed with dual voice coils for more robust bass, as well as a long reflex port.
  • Novartis gene therapy approval signals new cancer treatment era

    Novartis gene therapy approval signals new cancer treatment era

    Economy

    But advocacy groups are afraid the historic new drug may turn out to be the most expensive ever sold in the U.S. Novartis' drug, Kymriah, is approved to treat children and young adults who relapse after initial treatment for a rare and deadly form of blood cancer , acute lymphoblastic leukemia .
  • Gold jumps to 9-1/2-month high after central bankers' comments

    Gold jumps to 9-1/2-month high after central bankers' comments

    Economy

    The benchmark Shanghai Composite index climbed 31.13 points or 0.93% to finish at 3,362.65, while Hong Kong's Hang Seng index was marginally lower in late trade. With Fed policymakers recently cautious due to underwhelming USA inflation and mixed United States data, Fed rate hike bets continue to drop. The dollar also weakened after Tropical Storm Harvey paralysed Houston, Texas, the nation's fourth-biggest city.
  • Uber Board Picks Expedia's Dara Khosrowshahi as New CEO

    Uber Board Picks Expedia's Dara Khosrowshahi as New CEO

    Economy

    Sources said that going into this morning, after Immelt withdrew his name from contention after it was clear he would not win the job, Whitman had the upper hand in the race for the job. In recent months, the company faced negative attention regarding its work culture, which has been linked to Kalanick's leadership. Uber's crises have failed to knock the company's business off course, with revenues surging in the second quarter.
  • Vectura Group PLC (VEC) Receives GBX 211.29 Average PT from Brokerages

    Vectura Group PLC (VEC) Receives GBX 211.29 Average PT from Brokerages

    Economy

    The stock of Glacier Bancorp, Inc. The rating was revealed in analysts note on Friday, 25 August. Out of 6 Wall Street analysts rating Union Pacific, 3 give it "Buy", 0 "Sell" rating, while 3 recommend "Hold". The firm has "Hold" rating given on Monday, January 25 by BB&T Capital. Zacks upgraded the stock to "Sell" rating in Tuesday, August 25 report. The stock of B&M European Value Retail SA (LON:BME) earned "Buy" rating by Peel Hunt on Tuesday, June 28.
  • Gilead buys $12 bn Kite to fly into cell therapy

    Gilead buys $12 bn Kite to fly into cell therapy

    Economy

    It has underperformed by 38.50% the S&P500. Kite Pharma also saw some unusual options trading activity on Monday. On Friday this week is the closely watched non-farm payroll data, while closer to now and today is worldwide trade good data, which will be released later this morning and the Dallas Fed manufacturing report for August.
  • Harvey alters airline schedules - check your flights

    Harvey alters airline schedules - check your flights

    Economy

    An 11:39 a.m. arrival, as well as a 9 p.m. arrival, on United Airlines to the Gulfport-Biloxi International Airport have been canceled. At least 62 flights have been cancelled and another 39 are expected to be cancelled on Sunday, according to officials.
  • Qatari ambassador resumes mission in Iran after 20-month hiatus

    Qatari ambassador resumes mission in Iran after 20-month hiatus

    Economy

    Although it is still unclear when Qatar's ambassador to Iran will resume office in Tehran. He said Qatar's decision to restore full diplomatic relations with Iran was accompanied by a "confused justification". There was no immediate reaction from the Arab nations boycotting Qatar. She declined to comment on the restoration of Doha-Tehran ties. Chad's diplomatic mission in Doha will be closed and all the personnel will be recalled.
  • Samsung heir jailed for five years for corruption

    Samsung heir jailed for five years for corruption

    Economy

    However, Friday's court ruled that he had approved donations to the foundations belonging to the president's confidante, Choi Soon-sil, which were allegedly set up to support Park's policy initiatives. Samsung Electronics posted a record profit of 11tn won for the latest quarter and the firm has released its new flagship Galaxy S8 smartphone, closing the book on the disastrous recall of the exploding Galaxy Note 7 .
  • Amazon unveils Prime discounts, Lockers at Whole Foods

    Amazon unveils Prime discounts, Lockers at Whole Foods

    Economy

    Initial popular staples to get a price reduction will include organic bananas, brown eggs, apples, butter, and chicken, animal-welfare-rated 85% lean ground beef, almond butter, and "much more", Amazon's press release said. When Whole Foods first debuted in my area about 15 years ago, I was excited to start buying organic and be able to seek out healthier options to common ingredients found at my local supermarket.
  • Existing-Home Sales Declined in July

    Existing-Home Sales Declined in July

    Economy

    Still the July sales pace for existing homes - completed transactions that include single-family homes, townhomes, condominiums and co-ops - is 2.1% above a year ago, but the lowest of 2017. Read the NAR release . California and New England are where homeowners have remained the longest before selling. "That will attract new buyers, provided they can qualify for a mortgage".
  • Amazon to cut Whole Foods prices when $14 billion purchase closes Monday

    Amazon to cut Whole Foods prices when $14 billion purchase closes Monday

    Economy

    Shares of Kroger closed 8.1 percent lower, Wal-Mart lost 2 percent, Target fell nearly 4 percent, Costco declined 5 percent, and Supervalu and Sprouts Farmers Markets each dropped more than 6.5 percent. A Morgan Stanley survey earlier this month found that Whole Foods prices were down slightly from previous year, but that they still averaged roughly 15% higher than regional supermarkets.
  • Euro Falls Ahead of Jackson Hole Symposium

    Economy

    At 8:30 a.m. ET (1230 GMT), Dow e-minis were up 61 points, or 0.28 percent, with 28,005 contracts changing hands. The greenback has been hampered in recent days by renewed investor concerns about the Trump administration's ability to implement its economic policy agenda.
  • Trump to sign executive order Tuesday on infrastructure projects

    Trump to sign executive order Tuesday on infrastructure projects

    Economy

    While Trump promised that the federal government would not approve projects that do not meet environmental standards, the executive order he signed would revoke an environmental regulation enacted under former President Barack Obama . The standards, adopted in the wake of Hurricane Sandy and other big storms, were viewed as one of the most significant steps taken in decades to reduce exposure to more frequent flooding due to sea-level rise and climate change .
  • Cashin, Sonnenfeld Differ On The Dow's Tumble If Cohn Resigns

    Economy

    You could say that Cohn, like the rest of Trump's staff, did Nazi the president's praise coming. "That's what's telling me it's money managers raising a little more cash", said Dick. Still, Trump's inflammatory comments have cast doubt Trump's ability to enact his economic agenda, according to CNBC . The White House, already reeling from dozens of CEOs abandoning President Trump's advisory committees earlier this week, was forced to issue a statement asserting that National ...