Finance

Finance Larry Page company Kitty Hawk has a new flying auto!
Author: 0 Larry Page company Kitty Hawk has a new flying auto!

Importantly, the vehicle is created to fly over water only. The Flyer is considered to be an Ultralight aircraft per FAA regulations, which is why there's no pilot's license required. Those who sign up for Kitty Hawk's Flyer Discovery Membership do receive a $2,000 discount and placement on the product's wait list, according to Kitty Hawk's website .

Finance RJio 6-month loss widens 67% to 22.5cr
Author: 0 RJio 6-month loss widens 67% to 22.5cr

Reliance earned Dollars 11.5 on turning every barrel of crude oil into fuel as compared to a gross refining margin of USD 10.8 per barrel in fourth quarter of previous 2015-16 fiscal. The annual profit was 18.8 per cent higher than the previous year's. Reliance Jio's blitzy discounts are already shaking the telecom sector in India.

Finance Mobile reports rise in quarterly profit and revenue
Author: 0 Mobile reports rise in quarterly profit and revenue

Toronto Dominion Bank now owns 2,484 shares of the Wireless communications provider's stock worth $116,000 after buying an additional 909 shares during the last quarter. Investors apparently saw the report coming. Looking back over the last month, shares have performed 2.26%. At the end of Q1 2017, T-Mobile had 72.6 million customers.

Finance Whole Foods faced with possible takeover bid as shares jump
Author: 0 Whole Foods faced with possible takeover bid as shares jump

Whole Foods , based in Austin, Texas, is reported to have hired Evercore Partners to advise them on a strategic review of its business operations, which could include exploring a sale. The following are the top stories in the Financial Times . Albertsons is controlled by PE firm Cerberus Group. A number of factors, including intensified competition, have hit Whole Foods hard, leading to struggles in recent quarters.

Author: 0 French presidential candidates to stage TV debate May 3

A broad consensus among investors and analysts is that cyclical stocks have the most to gain now that a Le Pen presidency seems less likely, meaning her threat to stability in the euro area is reduced. Macron's En Marche movement is struggling to find suitable candidates for those elections and doesn't have the grassroots network that Les Republicains, the Socialist Party or Le Pen's Front National can draw upon.

Finance Honeywell International Inc. reiterated as Outperform By RBC Capital Markets
Author: 0 Honeywell International Inc. reiterated as Outperform By RBC Capital Markets

Alpha Windward LLC boosted its position in Honeywell International by 0.7% in the third quarter. Korea Investment CORP raised its position in shares of Honeywell International by 2.3% in the third quarter. On average, equities research analysts expect that Honeywell International Inc . will post $7.04 EPS for the current year. (NASDAQ:SNMX) shares moved to $0.92 after starting the day at $0.8800.

Author: 0 President Trump Brands ABC, NBC Polls as Fake News

The poll found that 82% of Republicans approved of his job performance to date (he marks his first 100 days in office April 29), while only 30% of Independents and just 7% of Democrats approved. In light of this, Donald Trump has openly voiced his plans to make sure that America keeps their factories and jobs within the country, thus providing work opportunities to the citizens of the United States.

Finance Passengers in viral airline videos have same lawyer
Author: 0 Passengers in viral airline videos have same lawyer

The physician who was dragged off a United Airlines flight in Chicago this month was verbally and physically abusive, and flailing his arms before he lost his balance and struck his mouth on an armrest, according to the aviation officer who pulled the man out of his seat.

Author: 0 IMF foresees global economy accelerating to 3.5 pct. in '17

Inflation: Rising to 2.4% in 2017, 3% over the medium term.Why? Growth rates in most other countries in the Cooperation Council of the Arab States of the Gulf are similarly projected to dip in 2017. Growth forecasts for both years for Germany, France and Spain were raised, while they were trimmed for Italy. Economists expect a gradual reduction of the Selic rate from 11.25% to 8.5% - which would remain stable until the end of 2018.

Finance Scottish Conservatives open up lead over Scottish Labour
Author: 0 Scottish Conservatives open up lead over Scottish Labour

More Scots agree than disagree with the Prime Minister's decision to call an early General Election, according to the Survation poll. "If the SNP wins this election in Scotland, and the Tories don't, then Theresa May's attempt to block our mandate to hold another referendum when the time is right will crumble to dust", Sturgeon said in London last week.

Finance Four cow vigilantes booked in J&K for attacking goatherds
Author: 0 Four cow vigilantes booked in J&K for attacking goatherds

Bhat said the family filed the complaint on Friday, a day after the attack. 'The group targeted a 75-year old man, who sustained a fracture injury. Somehow, we managed to flee from there. They were joined by a mob to attack the family. We are nomads and livestock is our lifeline. IGP, Jammu zone, SD Singh Jamwal told reporters that the arrested people had migrated to the region from militancy- affected areas in the mid 1990s but did not make it clear if they belonged to the VHP, Bajrang ...

Finance GM appeal of ignition switch ruling rejected by high court
Author: 0 GM appeal of ignition switch ruling rejected by high court

The justices without comment left in place a lower court ruling that said the automaker's 2009 bankruptcy did not shield it from liability in the cases. Since the plaintiffs were not properly notified of the defect or bankruptcy filing, barring them from suing General Motors would violate their constitutional rights to due process, the court found.

Finance 'Animal rights activists' beat up 3 men transporting buffaloes in Delhi
Author: 0 'Animal rights activists' beat up 3 men transporting buffaloes in Delhi

Rizwan, Kamil and Ashu were later released on bail. In another case of violence against minorities, three Muslim men were attacked by Gau Rakshaks near the Kalkaji metro station in Delhi last night. Also, family members of the three men said that the police did not allow them to see them. The police said they were called on the spot by PFA office-bearer Gaurav Gupta, but found no PFA personnel on the spot when they arrived.

Finance Gloves off in French election as Le Pen aide slams Macron
Author: 0 Gloves off in French election as Le Pen aide slams Macron

In the coming two weeks of the French campaign, Marine Le Pen's challenge is to break through a wall of voter antipathy that she inherited from her father. North American stock indexes surged in a relief rally Monday following the first round of France's presidential election over the weekend. "Because the polls were so accurate for round one, the fact that they show Le Pen losing substantially in round two is a reason for exuberance", said BMO Capital Markets currency strategist Stephen ...

Author: 0 Ad firm proud of 'Fearless Girl' statue

NY city's Mayor Bill de Blasio recently extended the girl's statue permit, amid rising public clamour for it to be made permanent. Some, like the firm responsible for "Fearless Girl", might argue that the bull is a symbol of Wall Street, notoriously a men's club, but Di Modica says that he supports women's rights - as long as they're not getting in his way.

Finance Sensex bounces 291 points on earnings, rally in European shares
Author: 0 Sensex bounces 291 points on earnings, rally in European shares

Indian shares rallied on Monday after centrist Emmanuel Macron won the first round of voting and moved ahead to the final round of French presidential election on May 7, helping ease concerns over political instability in Europe. Both the indices closed at the highest level since April. 11 and logged in their biggest gain since March 14. Bulls dominated the mint street as Nifty broke the 9200 resistance mark and closed the day 98 points up at 9217.

Finance Express Scripts expects to lose biggest customer after 2019
Author: 0 Express Scripts expects to lose biggest customer after 2019

The company has grown -1.00% in past 3 months and in the last five trades has moved down -3.15%. Express Scripts Holding Company also updated its FY17 guidance to $6.90-7.04 EPS. Argus restated a "hold" rating on shares of Express Scripts Holding Company in a research report on Wednesday, March 29th. TheStreet downgraded Express Scripts Holding Company from a "b-" rating to a "c+" rating in a research report on Monday, February 6th.

Finance Naveen to Attend Niti Aayog Meet Tomorrow
Author: 0 Naveen to Attend Niti Aayog Meet Tomorrow

The Aayog has already circulated a draft three-year action plan to all states as a roadmap that will help India achieve the government's 15-year vision, which it is now preparing. The Prime Minister mentioned that while there has been a 40 percent increase in overall fund allocation to States between 2014-15 and 2016-17, the percentage of funds tied to central schemes has declined from 40 percent of the earlier total, to 25 percent of the enhanced total with a corresponding increase in the ...

Finance Ottawa will help forestry industry after US announces duties
Author: 0 Ottawa will help forestry industry after US announces duties

President Donald Trump's first 100 days in office and his administration's affect on U.S. The American lumber industry argues Canadian softwood is essentially subsidized because it comes from Crown land, but Canada repeatedly won past disputes in front of NAFTA and WTO panels.