Business

Business AIADMK merger would be realty very soon
Author: 0 AIADMK merger would be realty very soon

Panneerselvam , a former Chief Minister and leader of AIADMK Puratchi Thalaivi Amma faction, earlier in the day said in Chennai that the merger talks were going on smoothly and a positive result was expected in "a day or two". The OPS faction is insisting on formal ouster of jailed AIADMK general secretary V.K. Sasikala and also bargaining hard for important portfolios with the EPS faction.

Business Facebook CEO Mark Zuckerberg announced two-month paternity leave
Author: 0 Facebook CEO Mark Zuckerberg announced two-month paternity leave

Recent social media posts have surfaced about Facebook CEO #Mark Zuckerberg's family bonding time when their baby girl is born. He wrote, " Our new daughter is coming soon so I'm planning to take two months of paternity leave ". At Facebook , we offer four months of maternity and paternity leave because studies show that when working parents take time to be with their newborns, it's good for the entire family .

Business Miner Fortescue returns record dividend as profit leaps
Author: 0 Miner Fortescue returns record dividend as profit leaps

The company will reward shareholders with a dividend of 25¢ a share, up from 12¢ previous year. The company announced a final dividend of 25 cents (against a market forecast of 15 cents), taking full-year dividends to 45 cents fully franked.

Author: 0 Citizens anxious, but Seoul mum on Trump's North Korea threat

U.S. President Donald Trump urged the communist regime and its leaders to choose the right path, saying his country's military options "are now fully in place, locked and loaded ". During an inspection of the armys Strategic Forces, which handles the missile program, Kim praised the military for drawing up a “close and careful plan” and said he would watch the “foolish and stupid conduct of the Yankees” a little more before deciding whether to order the missile test, the Norths state-run ...

Business Two More CEOs Quit US President Trump's Manufacturing Council
Author: 0 Two More CEOs Quit US President Trump's Manufacturing Council

Frazier, who is African American, announced his decision Monday morning, writing in a statement that he felt "a responsibility to take a stand against intolerance and extremism". In Monday's post , Krzanich said his decision was based on the worrying direction of US politics. "They recognize that they are some of the most trusted voices in society right now", Sonnenfeld told CNNMoney.

Business Trump's manufacturing panel CEOs, companies comment on Charlottesville
Author: 0 Trump's manufacturing panel CEOs, companies comment on Charlottesville

Trump eventually made a statement condemning bigotry Monday afternoon at a press conference, but already, other executives came to Frazier's support. Krzanich isn't the first CEO to depart a Trump council. The industry's silence comes as Trump is finalizing an executive order on drug prices that would relax industry regulation and contains measures that, some say, would protect existing drug prices or even increase them.

Business The Volkswagen bus is coming back, with modern twists
Author: 0 The Volkswagen bus is coming back, with modern twists

The I.D. Buzz will ride on Volkswagen's new MEB architecture that will also support the I.D. hatchback and Crozz crossover. Volkswagen announced the news at Pebble Beach Concours d'Elegance on Saturday, Forbes reported . "After the presentations at the global motor shows in Detroit and Geneva, we received a large number of letters and emails from customers who said, "please build this car", Volkswagen brand chief Herbert Diess said in a statement.

Business Merck CEO Leaves Mfg. Board, Stock Stable
Author: 0 Merck CEO Leaves Mfg. Board, Stock Stable

Walmart CEO Doug McMillon said in an email to employees Monday that Trump "missed a critical opportunity to help bring our country together by unequivocally rejecting the appalling actions of white supremacists". Several hours after Frazier resigned , Trump made a public statement explicitly calling out the KKK, neo-Nazis and white supremacists. He has earned a reputation as a risk taker in the drug industry, pouring money into daunting research areas, particularly trying to develop a ...

Business Delhi airport shut for 40 mins after drone spotted
Author: 0 Delhi airport shut for 40 mins after drone spotted

At about 1955 hrs the operation of all the 03 runways resumed normally after clearance from Delhi police . As per airport sources, as many as 15 flights were diverted and over 20 were delayed within the span of 28 minutes of operational shutdown.

Business Under Armour CEO Resigns From Pres. Trump's Manufacturing Council
Author: 0 Under Armour CEO Resigns From Pres. Trump's Manufacturing Council

Trump had been criticised for not specifically denouncing extremists in his initial comments on the violence. The statement read , in part: " I am resigning from the President's American Manufacturing Council .America's leaders must honor our fundamental values by clearly rejecting expressions of hatred, bigotry and group supremacy, which run counter to the American ideal that all people are created equal".

Business Democrats drafting articles of impeachment against Trump
Author: 0 Democrats drafting articles of impeachment against Trump

Given the lobbying power of these organizations, the inability to keep them cozy for help on Trump's agenda is not a positive sign. However, any hopes of impeaching Trump at this stage remains largely a pipe dream for Democrats. She will be long remembered by all!" Trump was much quicker Thursday to condemn violence in Barcelona, where more than a dozen people were killed when a van veered onto a sidewalk and sped down a busy pedestrian zone in what authorities called a terror attack.

Business Dollar edges higher vs yen as concerns over North Korea tensions ease
Author: 0 Dollar edges higher vs yen as concerns over North Korea tensions ease

Wall Street stocks finished solidly higher Monday, joining most global equity markets that gained on easing concerns about North Korea. The report was the latest to show economic growth around the world on solid footing, something that investors say has helped power the US stock rally this year.

Business Cohn to Remain in White House
Author: 0 Cohn to Remain in White House

Wall Street closed lower yesterday: The Dow Jones Industrial Average lost 1.24 per cent to close at 21,751, the S&P 500 fell 1.54 per cent to close at 2,430 and the NASDAQ tumbled 1.94 per cent to close at 6,222. People close to Cohn spoke on the condition of anonymity so as not to breach the president's rules about private conversations. And the White House Thursday said Trump also has abandoned plans to form an advisory council on infrastructure.

Business More CEOs Step Down From Trump's Manufacturing Council
Author: 0 More CEOs Step Down From Trump's Manufacturing Council

Earlier in the day, Frazier said that he was stepping down in protest. Just last month he called Frazier a "business genius" and "one of the great, great leaders of business". Paul is the latest member of a group of chief executives from some of the biggest US companies in manufacturing-based businesses to resign from the council, which grew from the president's early Manufacturing Jobs Initiative .

Business Adam Cole Sighted With NXT Talent At Orlando Airport
Author: 0 Adam Cole Sighted With NXT Talent At Orlando Airport

He celebrated for about one minute, until the crowd went ballistic as Kyle O'Reilly and Bobby Fish appeared on the ring apron. Cole comes to NXT entering a jam packed world title scene. WWE was wanting Adam Cole for a while now and reports were the two sides weren't far away from inking a deal for the longest time. However, he was then attacked by Cole, Fish, and O'Reilly.

Business The BidaskClub Downgrades Cisco Systems, Inc. (NASDAQ:CSCO) to Sell
Author: 0 The BidaskClub Downgrades Cisco Systems, Inc. (NASDAQ:CSCO) to Sell

Cisco Sys Inc now has $151.85B valuation. The stock declined 1.90% or $0.59 reaching $30.45 on the news. About 24.84 million shares traded or 32.55% up from the average. Baird restated a "buy" rating on shares of Cisco Systems in a research note on Monday, May 1st. Capstone Asset Mngmt reported 941,503 shares stake. 133.90 million shares or 0.79% less from 134.97 million shares in 2016Q3 were reported.

Business Calpine agrees to be acquired for $5.6bn in cash
Author: 0 Calpine agrees to be acquired for $5.6bn in cash

CPPIB will make this investment as part of a consortium comprised of funds advised by Energy Capital Partners and other investors for US$5.6 billion in cash. Including debt, the transaction valued the largest generator of electricity from natural gas and geothermal energy in the USA at approximately $17bn.

Business With Steve Bannon out, will Sebastian Gorka be next?
Author: 0 With Steve Bannon out, will Sebastian Gorka be next?

Prior to joining the Trump administration, Bannon served as executive chairman of Breitbart News. On Tuesday at Trump Tower in New York, Mr. Trump refused to guarantee Mr. Sean Spicer , who had a fraught relationship with the president and the press, resigned after telling Trump he vehemently disagreed with the selection of Anthony Scaramucci as White House communications director.

Business Will play FedEx Cup play-off events
Author: 0 Will play FedEx Cup play-off events

The four-time major victor had complained of rhomboid spasms and numbness in his left arm, putting the rest of his season in doubt. Despite his position, McIlroy could opt to sit out the first two events and still give himself a fighting chance of making the season-ending Tour Championship, which will comprise the top 30 players on the standings after the BMW.

Business State Troopers Shot In Fayette County, Suspect Dead
Author: 0 State Troopers Shot In Fayette County, Suspect Dead

Belsar pulled a.38 caliber revolver from his waistband and fired a shot that injured one trooper in the hand and struck the other in the abdomen, police said. "His prognosis is good", Ruggery said. Police did not immediately identify the troopers or reveal if they were wearing uniforms at the time of the meeting.

Business She cheated death the third time
Author: 0 She cheated death the third time

Julia Monaco, a resident of Melbourne, was shopping in Barcelona's Las Ramblas avenue when a white van ploughed through tourists, leaving at least 13 dead. The group was in a store in nearby Placa de Catalyuna when they saw people outside running for their lives. "You just have to keep going". "I feel like I want to stay here and not let "them" - whoever "they" may be - win and I'm gunna see what I came here to see", she added.