Business

Business VW Exec Pleads Guilty In Emissions Cover-Up Case
Author: 0 VW Exec Pleads Guilty In Emissions Cover-Up Case

District Court in Detroit in ties to a diesel emissions scandal that resulted in a loss of $25 billion for the automaker company. The court's original charge said that Schmidt tried to "deceive and mislead US regulators by offering reasons for the discrepancy other than the fact that VW was intentionally cheating on USA emissions tests, in order to allow VW to continue to sell diesel vehicles in the United States".

Business Melbourne cafe charges men 18 percent premium
Author: 0 Melbourne cafe charges men 18 percent premium

O'Brien tells the newspaper the proceeds of the 18 percent premium will go to a non-profit women service's group. One customer 7 News spoke to agreed with the idea, saying, "I think it's fair - if you think about the world and the gender inequality that we have".

Business Moline Police Department not anxious about its Ford fleet
Author: 0 Moline Police Department not anxious about its Ford fleet

However, it has been a concern for other police departments around the country. What's known as a police officer's "office" turned potentially deadly after carbon monoxide built up inside a Providence Police cruiser this weekend. Ford says it is working with police departments on a solution. Many Wisconsin law enforcement agencies have converted to the Ford Explorer, including the Wisconsin State Patrol.

Business Rockwell Collins, Inc. (COL) Rating Lowered to Hold at ValuEngine
Author: 0 Rockwell Collins, Inc. (COL) Rating Lowered to Hold at ValuEngine

Many analysts are providing their Estimated Earnings analysis for Rockwell Collins Inc . and for the current quarter 19 analysts have projected that the stock could give an Average Earnings estimate of $1.81/share. Numeric Investors LLC now owns 3,000 shares of the aerospace company's stock worth $278,000 after buying an additional 600 shares during the period. On August 1 the stock rating was upgraded to "Market Perform" from "Hold" by Canaccord Genuity.

Business Tesco to stop selling 5p bags altogether
Author: 0 Tesco to stop selling 5p bags altogether

Tesco has given out 1.5 billion fewer single use bags since the introduction of the carrier bag charge in England in 2015, but still sells over 700 million of these each year. Tesco, the UK's largest retailer, is about to stop selling single-use plastic bags, for a fee of five pence (around cents ) in the stores in the country.

Business Republicans aren't exhausted of winning under Trump - more think they're losing
Author: 0 Republicans aren't exhausted of winning under Trump - more think they're losing

The West Virginia Business and Industry Council said it was hopeful for Justice's switch of party affiliations. For West Virginia, this is just the latest step in a remarkable political transformation. That is a scenario that is playing out in Washington , D.C., right now - and it is not going well for the GOP despite heading up the Oval Office , the Senate and the House of Representatives.

Business Report from Waterloo as major work begins
Author: 0 Report from Waterloo as major work begins

The work in August is all part of the £800 million Waterloo & South West Upgrade which will ultimately provide space for 45,000 extra passengers every morning and every evening to and from Waterloo. A South West Trains spokesman said: "Following discussions between South West Trains, the incoming operator First/MTR, and the Department for Transport, it has been decided that current passengers' charter compensation arrangements will apply for the duration of the works".

Business Six sacked Tripura TMC MLAs join BJP
Author: 0 Six sacked Tripura TMC MLAs join BJP

The MLAs - Sudip Roy Barman, Asish Saha, Biswabandhu Sen, Pranajit Singha Roy, DC Hrangkhawl and Dilip Sarkar - formally joined the party at a rally attended by Union minister of state for petroleum and natural gas Dharmendra Pradhan and Assam's finance minister Himanta Biswa Sarma , party general secretary Ram Madhav , BJP's Northeast general secretary Ajay Jamwal, state president Biplab Kumar Deb and party prabhari Sunil Deodhar .

Business Electric vehicle maker to build in Hanford
Author: 0 Electric vehicle maker to build in Hanford

According to the Los Angeles Times , Faraday Future received an emergency loan from an investment firm to the tune of $13.75 million, using a claim to the company's Gardena, California, headquarters as collateral. The company had earlier said it would build its cars in Nevada, but cancelled those plans about a month ago. Faraday Future said it was "shifting its manufacturing focus to a turn-key facility that offers a faster path to production".

Business Dow Jones Industrial Average Notches 9th Straight Record High
Author: 0 Dow Jones Industrial Average Notches 9th Straight Record High

The stronger than expected job growth added to optimism about the economy but also raised concerns about the outlook for interest rates. Global markets seemed to largely shrug off news over the weekend that the U.N. Warren Buffett's Berkshire Hathaway was down 0.96 percent after it reported a drop in second-quarter profit. Meanwhile, the major European markets turned in a mixed performance on the day.

Business China urges North Korea to be 'smart' and drop its missile tests
Author: 0 China urges North Korea to be 'smart' and drop its missile tests

China is willing to promote synergy between the Belt and Road Initiative and Indonesia's Global Maritime Axis vision, and is positively considering participation in the building of Indonesia's three corridors, Wang said. As in past criticisms, they did not cite China by name. Tensions on the Korean Peninsula have overshadowed discussions at the annual Association of South-East Asian Nations ministerial meetings in Manila, which were being held on Saturday as the regional bloc was to mark its ...

Business Tyson Foods Q3 Profit Down; But Results Top Estimates
Author: 0 Tyson Foods Q3 Profit Down; But Results Top Estimates

BidaskClub upgraded shares of Tyson Foods from a "sell" rating to a "hold" rating in a research note on Wednesday, July 19th. Institutional investors own 71.83% of the company's stock. On 5/12/2017 announced a quarterly dividend of $0.23 1.55% with an ex dividend date of 8/30/2017 which will be payable on 9/1/2017. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.42%.

Business SoftBank mulls Uber or Lyft investment
Author: 0 SoftBank mulls Uber or Lyft investment

In July, The Wall Street Journal had reported in July that the Japanese investment house had approached Uber about taking a multibillion-dollar stake, but also said that the talks were preliminary, and that nothing is expected to happen until Uber names a chief executive officer.

Business Water jets, 'complex noise' could deter Asian carp, says Army Corps
Author: 0 Water jets, 'complex noise' could deter Asian carp, says Army Corps

Flanagan believes the administration delayed the release the study due to concerns raised by legislators and members of the shipping industry. Environmentalists, who had been agitating for the report's release along with legislators from across the Upper Midwest since late February, said they would pour over its proposals to determine what should happen next.

Business Weir Group PLC (WEIR) Earns
Author: 0 Weir Group PLC (WEIR) Earns "Overweight" Rating from Barclays PLC

Fisher Asset Management LLC purchased a new stake in Vodafone Group PLC during the first quarter valued at $328,285,000. The fund owned 446,057 shares of the cell phone carrier's stock after selling 18,022 shares during the period. Carillion PLC had 81 analyst reports since July 23, 2015 according to SRatingsIntel. Deutsche Bank AG reduced the price target on Marston's from GBX 145 ($1.91) to GBX 135 ($1.78) and fixed a hold recommendation for The corporation in a study report published on ...

Business NYC mayor: Tax the rich to fix the subway
Author: 0 NYC mayor: Tax the rich to fix the subway

Joe Lhota, the chairman of the Metropolitan Transportation Authority, recently outlined a roughly $800 million emergency resource plan with a sweeping set of fixes that he vowed would turn around the steadily deteriorating service and called on the mayor for funding.

Business Elon Musk celebrates Tesla Model S record-setting mileage trip
Author: 0 Elon Musk celebrates Tesla Model S record-setting mileage trip

Price, however, could be a major factor for some considering a purchase, with the Bolt at $37,495 and the Tesla Model S 75D at $75,700 before a $7,500 federal tax credit, the publication said. For an extra $1,500, the 18-inch wheels can be swapped for 19-inch sports wheels. On lesser Model X trims, the Premium Upgrades package is a $6,000 option.

Business United Kingdom govt confirms new Data Protection Bill
Author: 0 United Kingdom govt confirms new Data Protection Bill

Everyone will be given sweeping new powers to see what tech companies know about them and have it deleted, under a new bill. And the plans also considerably expand what can be classified as data, expanding the definition to include IP addresses, DNA and cookies.

Business Prosecutors seek 12 years' jail for Samsung heir
Author: 0 Prosecutors seek 12 years' jail for Samsung heir

Industry watchers said the silence comes as any kind of response by Samsung could adversely impact the final ruling, in light of the gravity of the issue. The deal, which was opposed by investor Paul Elliott Singer, gained approval after it got backing from the government-run National Pension Service. A panel of three judges will decide Lee's verdict and no jury has been involved in Lee's case.

Business Asean, China adopt framework for further talks on Code of Conduct
Author: 0 Asean, China adopt framework for further talks on Code of Conduct

After meeting with North Korea's top diplomat during an Association of Southeast Asian Nations (ASEAN ) gathering here in the Philippine capital, Wang said the situation on the Korean Peninsula is critical - but that it could be a turning point for negotiations over North Korea's nuclear proliferation.

Business Toyota and Mazda formalise business, capital alliance
Author: 0 Toyota and Mazda formalise business, capital alliance

The strategic plan of producing electric vehicles have come in the light of stricter global emissions regulations, driving more and more automakers to develop battery-powered vehicles. Nissan-Renault became the top automaker in world vehicles sales for the first time in the first half of this year - underscoring how alliances can propel such groups into powerful leading positions.

Business ASEAN, China may start negotiating South China Sea code this year
Author: 0 ASEAN, China may start negotiating South China Sea code this year

Wang expounded on China's principles and position on North Korean nuclear issue, noting that the situation in the region was highly sensitive and complex, which had affected the China-North Korea relations, Xinhua news agency reported. "We agreed to work on the joint statement between ASEAN and China on Tourism Cooperation to be issued at the 20th ASEAN-China Summit in November 2017", the ministers said.

Author: 0 Liberty Global Plc Com (LILAB) Scheduled to Post Earnings on Monday

A number of equities analysts have weighed in on LILA shares. The original version of this report can be read at https://weekherald.com/2017/08/05/sco-inc-boosts-position-in-liberty-global-plc-nasdaqlila.html. They now have a United States dollars 55 price target on the stock. Insiders have acquired 1,610,000 shares of company stock valued at $37,412,081 in the last three months.

Business IShares MSCI Emerging Markets Indx (EEM) Position Boosted by Oakworth Capital Inc
Author: 0 IShares MSCI Emerging Markets Indx (EEM) Position Boosted by Oakworth Capital Inc

In the United Kingdom, the primary stock exchange is the London Stock Exchange (LSE). The firm owned 5,664,997 shares of the company's stock after buying an additional 385,416 shares during the period. iShares MSCI EAFE Index Fund has a 52-week low of $56.10 and a 52-week high of $67.54. "Has $2.45 Million Position in iShares MSCI Japan ETF (NYSE:EWJ)" was originally posted by TheOlympiaReport and is the property of of TheOlympiaReport.

Business Europe egg scare: Belgium discovered contamination in June
Author: 0 Europe egg scare: Belgium discovered contamination in June

Schmidt planned to call his Belgian counterpart today to discuss the current situation and "particularly the new information", a ministry spokesman said. Discount supermarket giant Aldi said it was pulling all Dutch eggs from its shelves in Germany over an insecticide scandal that has spread to food stores across Europe.