Economy

Economy Amit Shah pulls up BJP RS members for bunking house
Author: 0 Amit Shah pulls up BJP RS members for bunking house

The legislation has been projected by the BJP as a major political outreach to the politically-crucial backward classes and Prime Minister Narendra Modi has time and again highlighted it as a major effort of his government to address the communities' concerns.

Economy U.S. economy rebounds to 2.6% growth in Q2
Author: 0 U.S. economy rebounds to 2.6% growth in Q2

The US economy accelerated in the second quarter as consumers ramped up spending and businesses invested more on equipment, confirming that the sluggish performance early in the year was temporary. Consumer spending rose 2.8%, and business spending went up 5.2%. Business investment in equipment rose at an 8.2 per cent pace, the most in nearly two years, signaling companies are optimistic about demand in the USA as well as in overseas markets.

Economy Rosneft Unaware of Siemens Plans to Suspend Cooperation With Russian State Firms
Author: 0 Rosneft Unaware of Siemens Plans to Suspend Cooperation With Russian State Firms

Siemens said it hasn't uncovered any indication that export-control regulations were violated in the matter. "This development constitutes a blatant breach of Siemens' delivery contracts, trust and European Union regulations", Siemens said, adding that it would "take immediate and decisive action" if it discovered further indications that export control regulations had been violated.

Economy Wall Street reacts to reports of Discovery, Scripps merger talks
Author: 0 Wall Street reacts to reports of Discovery, Scripps merger talks

However, the company's most recent quarter increase of 4.7% looks unattractive. For the quarter, shares have been noted at 2.18%. Williams Jones & Associates Llc increased Schwab Charles Corp New Com (NYSE:SCHW) stake by 13,640 shares to 257,122 valued at $10.15M in 2016Q4.

Economy Frontier announces 6 new nonstop destinations from CVG
Author: 0 Frontier announces 6 new nonstop destinations from CVG

To help meet demand, the Denver-based airline recently went on a hiring spree , with plans to add 800 flight attendants and 300 pilots by the end of this year. And Frontier will add a new flight between West Palm Beach and Long Island. James Simmons, Aviation Professor with Metropolitan State University of Denver , said that despite the carrier's widely known recent problems in on-time performance, customer satisfaction and labor, its ultra low-priced business model is proving to be a ...

Economy Police investigate five 'acid attacks' in east London
Author: 0 Police investigate five 'acid attacks' in east London

A 15-year-old boy and a 16-year-old boy were arrested on suspicion of robbery and grievous bodily harm. They threw a noxious substance into his face before one of them jumped on to his moped and drove away. 'I am clear that life sentences must not be reserved for acid attack survivors, ' she wrote in the Sunday Times . "People said he was attacked".

Economy Human remains found in search for 4 missing men
Author: 0 Human remains found in search for 4 missing men

Bucks County District Attorney Matthew Weintraub said he could not identify the other remains at this time, while issuing a fresh appeal for more help from the public. Aerial footage shows teams searching under a large tent, and Weintraub has said they are enduring stifling heat as they painstakingly search the property.

Economy Trump Commission freezes request for voter data
Author: 0 Trump Commission freezes request for voter data

The request prompted NY and more than a dozen other states to refuse to comply, stirred opponents of the commission to try to block it in court and led some voters in Colorado , North Carolina , Florida and Arizona to cancel their voter registrations to protect their privacy.

Economy Trump's Commerce Chief Cut Off in Berlin as German Patience Ends
Author: 0 Trump's Commerce Chief Cut Off in Berlin as German Patience Ends

The episode comes as tensions have grown between the US and Germany, especially on the issue of trade. When asked about equal marriage yesterday (June 26), Merkel replied: "I would like to steer the discussion more towards the situation that it will be a question of conscience instead of me forcing something through by means of a majority vote".

Economy Sony Helped Kill Vinyl. Now It's Doing an About-Face
Author: 0 Sony Helped Kill Vinyl. Now It's Doing an About-Face

Sony and Panasonic both started selling analog record players again last year after previously giving up on them. In a sign that the vinyl revival isn't a flash in the pan, Sony Music has announced it will return to making vinyl records for the first time since 1989.

Economy New York Times sues FBI to get notes of Comey-Trump talks
Author: 0 New York Times sues FBI to get notes of Comey-Trump talks

Trump confirmed in a tweet Friday he was under investigation and appeared to take aim at Rosenstein, calling the investigation a "witch hunt". His investigation then grew to include looking at whether President Trump fired FBI Director James Comey because he was unwilling to back off the Russian Federation investigation.

Economy IMF Trims Economic Forecast for US Amid Growth Uncertainty
Author: 0 IMF Trims Economic Forecast for US Amid Growth Uncertainty

The assumed stimulus from expected tax cuts and new federal spending spurred the International Monetary Fund earlier this year to bump up its US growth forecasts to 2.3 percent in 2017 and 2.5 percent in 2018. Any increase in spending could boost growth, but Trump would be forced to get spending hikes past the ultra-conservative wing of the Republicans, who have already balked at measures which would increase the fiscal deficit .

Economy Boeing outsells Airbus at Paris show
Author: 0 Boeing outsells Airbus at Paris show

Blue Air's fleet now includes 29 Boeing 737 aircraft. Boeing Commercial Airplanes President and CEO Kevin McAllister said in a statement, "Airlines wanted a larger, better option in the large single-aisle segment with the operating advantages of the 737 MAX family".

Economy Uber, investors face employee backlash over Kalanick's exit
Author: 0 Uber, investors face employee backlash over Kalanick's exit

Kalanick resigned this week after pressure from five major Uber investors following the release of a report on Uber's internal culture and a seemingly endless series of scandals and screw-ups . The document, dated April 11, 2016, references "Pre-Signing Bad Acts", which covers behaviour including fraud and trade-secrets theft, as well as "Post-Signing Specified Bad Acts".

Author: 0 UK Labour Leader Corbyn: 'I Can Still Be Prime Minister'

But despite jubilation among Mr Corbyn's supporters at bloodying Mrs May' s nose, Labour MP Chris Leslie said the party should not pretend it achieved a "famous victory". After confirming on Friday that her top five ministers, including finance minister Philip Hammond, would keep their jobs, May must name the rest of her team, who will take on one of the most demanding jobs in recent British history.

Economy How major US stock market indexes fared on Monday
Author: 0 How major US stock market indexes fared on Monday

The Nasdaq Composite added 44.71 points, or 0.73 percent, to 6,196.47. Amazon rose as much as 2.9 percent to an all-time high of $1017. The S&P 500 index showed 49 new 52-week highs and 10 new lows, while the Nasdaq recorded 99 new highs and 87 new lows.

Economy Market opens higher ahead of RBI policy outcome
Author: 0 Market opens higher ahead of RBI policy outcome

The 30-scrip Sensitive Index (Sensex) of the BSE , which opened at 31,316.91 points, traded at 31,313.55 points (at 9.20 a.m.) - up 42.27 points or 0.14 per cent from its previous close at 31,271.28 points. In Japan, the Nikkei 225 index closed 0.95% lower. Major losers were Tata Motors 3.58%, NTPC 2.65%, ONGC 2.28%, ITC 2.05%, L&T 1.60%, Sun Pharma 1.53%, Reliance 1.17%, Bharti Airtel 1.07%, Power Grid 0.93%, Bajaj Auto 0.88%, M&M 0.83% and Hero Motoco 0.70%.

Economy Cosby jury hunkers down for 3rd day in sex assault case
Author: 0 Cosby jury hunkers down for 3rd day in sex assault case

The 79-year-old comedian is charged with three counts of aggravated indecent assault - each punishable by 10 years in prison - for allegedly drugging and molesting former Temple University employee Andrea Constand in January 2004 at his mansion in Elkins Park, Pennsylvania.

Economy British Airways disruption continues for third day
Author: 0 British Airways disruption continues for third day

The airline is near full operational capacity following a power cut to its IT system that resulted in massive flight cancellations at Gatwick and Heathrow . Spanish-listed shares of parent company IAG, which also owns carriers Iberia, Aer Lingus and Vueling, dropped 2.8 percent on Monday after the outage.

Economy Uber moves to repair tainted image with 20 firings, 1 hiring
Author: 0 Uber moves to repair tainted image with 20 firings, 1 hiring

The company broke the news to employees during an all-hands meeting Tuesday in San Francisco, according to an anonymous source who spoke with the New York Times . The law firm, Perkins Coie LLP , reviewed a total of 215 complaints and determined that no action was necessary on 100 of those claims. "Boz has a long track record of successfully creating emotional connections between people and the products they love", said Mr Kalanick in a statement.

Economy Jury seated in retrial of Ohio officer who killed motorist
Author: 0 Jury seated in retrial of Ohio officer who killed motorist

DuBose's death fueled demonstrations against use of lethal force by white officers against unarmed blacks and other minorities, an issue that renewed debate over racial bias in US police departments. Prosecutor Stacey DeGraffenreid (de-GRAF'-in-reed) said Thursday during opening statements that Tensing disregarded police training by sticking his arm inside DuBose's vehicle.

Economy MPC meet: RBI may opt for status quo on rates tomorrow
Author: 0 MPC meet: RBI may opt for status quo on rates tomorrow

The margin of monetary policy corridor was narrowed from 50 bps to 25 bps resulting in a change in reverse repo rate from 5.75% to 6% and marginal standing facility rate from 6.75% to 6.50%. The statement has raised concerns over fiscal slippages in view of rush for farm loan waivers. Meanwhile, the RBI has cut the statutory liquidity ratio-the percentage of funds banks must maintain in gold and government-backed securities-by 0.50% to 20% of their net demand and time liabilities.

Author: 0 U.S. to welcome President Moon with maximum respect

The deployment of the US Terminal High Altitude Area Defense (THAAD ) system was approved by the previous conservative government in Seoul , which fell after then-President Park Geun-hye of the Saenuri Party was impeached under the corruption charges.

Author: 0 LeBron's brilliance not enough in Game 2 loss to Warriors

LeBron James , meanwhile, is trying to win a road game for the 30th consecutive series, spanning his time with Cleveland, Miami and Cleveland again. Cavaliers' coach Tyronn Lue said. "When we get stops, we have to get out". Durant totaled 33 points and 13 rebounds, and Thompson added 22 points and shot 8-for-12 after a poor shooting performance in Game 1.

Author: 0 Warriors Beat Cavaliers in 2017 Says NBA 2K Simulation

James, who is 3-4 in finals appearances, uses Jordan's feats as a measuring stick to motivate his own bid to become legendary. He's reached a level of play in the Finals that makes him appear invincible when he's fully locked in. The Cavaliers are averaging 116.8 points per game (with an offensive rating of 120.7), shooting a playoff-leading 43.5% from three-point range, and hold the highest effective field goal percentage in postseason history at 59.8%.

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