Finance

Finance Uber has picked Expedia CEO Dara Khosrowshahi to be its new CEO
Author: 0 Uber has picked Expedia CEO Dara Khosrowshahi to be its new CEO

Ending months of retrospection over finding a successor to Travis Kalanick , app-based cab aggregator Uber has chosen Dara Khosrowshahi to take charge. I am fully committed to HPE and plan to remain the company's CEO. The New York Times attributed the scoop to "two people with knowledge of the process who spoke on the condition of anonymity because the details were confidential".

Finance Fed Chair Yellen Rejects Trump Bank Deregulation
Author: 0 Fed Chair Yellen Rejects Trump Bank Deregulation

Ms Yellen was speaking at what may be her last Jackson Hole gathering as Fed chair, depending on deliberations in the White House in coming months. Silver rose 0.9 percent to $17.07 an ounce, while platinum was down 0.6 percent at $972.99 an ounce. The euro hit a high of Dollars 1.1940, its strongest level since January 2015.

Finance China bans new business with North Korea in line with sanctions
Author: 0 China bans new business with North Korea in line with sanctions

This latest missile launch comes as the United States and South Korean armies are conducting annual joint military drills known as "Ulchi Freedom Guardian" in South Korea, which began on Monday. Neither Japan nor South Korea confirmed the U.S. military's description of the weapons fired by North Korea as "ballistic missiles". A Pyongyang "peace" committee specializing in propaganda stated Wednesday the annual Ulchi Freedom Guardian drills are a "provocative war exercise" targeting North ...

Finance TV reporter rescues man from floodwaters as Hurricane Harvey lashes Texas
Author: 0 TV reporter rescues man from floodwaters as Hurricane Harvey lashes Texas

Smith spotted a tractor-trailer up to its windshield in the still-rising murky brown waters with the driver still stuck inside. As police worked to find a clear location to get their boat in the water, one of the sheriff officials informed Smith that a truck driver died in nearly the same location in similar flooding past year.

Finance CBS Corp agrees to buy Australia's Ten Network (CBS, TEN)
Author: 0 CBS Corp agrees to buy Australia's Ten Network (CBS, TEN)

The Australian Competition and Consumer Commission said on Thursday that it wouldn't oppose the effort. No value for the deal with CBS was provided. "CBS will continue to provide Network Ten with access to the very best in U.S. PPB Advisory and KordaMentha on Monday said the acquisition was an important milestone in securing a strong and stable future for the company and its stakeholders.

Author: 0 Army, Police march on Dera Sacha Sauda headquarters in Sirsa, Haryana

CHANDIGARH , Punjab-Sursa cult leader, Gurmeet Ram Rahim will be sentenced tomorrow at 2.30pm (IST) and the state government has extended the mobile internet ban as it further expects violent disturbances by cult followers. Before that, the Police used tear gas and water cannons to try and disperse mobs of Ram Rahim supporters, but was easily outnumbered near the Court house.

Finance Cruise Ships Give Hurricane Harvey a Wide Berth
Author: 0 Cruise Ships Give Hurricane Harvey a Wide Berth

Carnival said the next scheduled voyages for Carnival Freedom and Carnival Valor will be shortened with itineraries to be determined. Carnival Breeze departed Cozumel Saturday afternoon after an extra night in port and will make a brief stop in New Orleans Monday to replenish supplies.

Finance Oil platforms being evacuated due to Tropical Storm Harvey
Author: 0 Oil platforms being evacuated due to Tropical Storm Harvey

Earlier this week, Royal Dutch Shell said it had evacuated around 160 workers after it stopped pumping oil and gas from its Perdido spar and Enchilada and Salsa platforms. It is now taking aim between Houston and Corpus Christi on the coast of Texas. US gasoline prices have risen nearly 10 percent since Wednesday to a high of $1.74 a gallon, their loftiest since April as refiners shut down in preparation for the storm.

Finance Harvey Affecting Flights In And Out Of The Valley - 710am KURV
Author: 0 Harvey Affecting Flights In And Out Of The Valley - 710am KURV

However, a check of flights from the Houston , San Antonio and Austin areas to LAX indicated 11 departures and 10 arrivals were canceled. "We are continuing to monitor the situation and will re-book customers on alternative services as options become available", an Air New Zealand spokeswoman said.

Finance BBCI: Jeff Immelt of General Electric quits race to be Uber boss
Author: 0 BBCI: Jeff Immelt of General Electric quits race to be Uber boss

Uber's quest for a new chief executive to succeed Travis Kalanick has taken another twist after one of America's most senior corporate figures ruled himself out. Kalanick was embroiled in scandals involving the mishandling of an Indian woman's medical records and a verbal altercation with an Uber driver. While Whitman has previously said in the media she has no interest in the job and plans to stay at HPE, sources say she is very much still in the running.

Finance Mueller's team subpoenas lobbying firms in DC as part of Russian Federation investigation
Author: 0 Mueller's team subpoenas lobbying firms in DC as part of Russian Federation investigation

Before running Donald Trump's presidential campaign a year ago, Manafort worked for a pro-Russian Ukrainian political party led by Viktor Yanukyovch, who was eventually driven out by a popular revolt. Mercury Public Affairs and SGR LLC were reportedly contacted for information and records regarding work they did with Michael Flynn , former White House national security adviser, and Paul Manafort, former chairman of the Trump campaign, The Washington Post reported Friday.

Finance Analyst Stock Ratings: HealthSouth Corporation (HLS), Marvell Technology Group Ltd. (MRVL)
Author: 0 Analyst Stock Ratings: HealthSouth Corporation (HLS), Marvell Technology Group Ltd. (MRVL)

The firm earned "Sell" rating on Thursday, December 1 by UBS. The stock has "Buy" rating by Loop Capital Markets on Friday, May 26. CLSA upgraded the shares of JPM in report on Tuesday, August 25 to "Outperform" rating. Tokio Marine Asset Management Company has 11,590 shares for 0.02% of their portfolio. Qvt Fincl L P, a New York-based fund reported 789,576 shares. Its down 3.41% from 1.64 million shares previously.

Finance Harvey weakens, Watching another tropical system possible near us
Author: 0 Harvey weakens, Watching another tropical system possible near us

But his latest social media posts about Harvey have left us shaking our heads. Harvey is the most powerful hurricane to hit the U.S.in a decade, and the first Category 4 storm to make landfill in Texas since 1961. By dawn, almost 300,000 consumers were without power in the coastal region, and almost half a metre of rain had fallen in some places. Federal disaster declarations cover six coastal Texas counties: Nueces, Bee, Goliad, San Patricio and Refugio.

Finance Fed Chair Yellen Defends Regulations After Financial Crisis
Author: 0 Fed Chair Yellen Defends Regulations After Financial Crisis

Yellen said the Fed is prepared to adjust the regulations as needed to help financial institutions. By broadly defending the sweeping financial rules put in place in the past decade, Federal Reserve Chair Janet Yellen distanced herself at the weekend from the anti-regulatory rhetoric of the man who will decide whether to replace her: President Donald Trump .

Finance Costain Group (LON:COST) New Price Targets
Author: 0 Costain Group (LON:COST) New Price Targets

Macquarie Research maintained the shares of HTG in report on Wednesday, July 5 with "Underperform" rating. The company was maintained on Tuesday, September 15 by Numis Securities. The rating was maintained by BNP Paribas on Tuesday, May 17 with "Neutral". The rating was downgraded by Sterne Agee CRT to "Neutral" on Tuesday, May 31.

Finance Dollar falls after Fed's Yellen makes no monetary policy comment
Author: 0 Dollar falls after Fed's Yellen makes no monetary policy comment

Overall, the Fed chair said, "any adjustment to the regulatory framework should be modest and preserve the increase in resilience" in a financial system she said is now better able to weather future shocks. A further relaxation of rules that apply to medium-sized and smaller banks could also be part of limited reforms. In Friday's remarks, Ms. Yellen didn't discuss the outlook for economic conditions or monetary policy.

Author: 0 About 25% Of US Gulf Oil Output Offline Due To Harvey

The Port of Corpus Christi, Texas, was closed to vessel traffic, a spokeswoman for the city's Port Authority said. US West Texas Intermediate ( WTI ) crude futures were at $48.36 a barrel, down five cents. BSEE tabulates the data by polling 30 Gulf operators. Three refineries in Corpus Christi and one farther inland at Three Rivers were shutting down ahead of the storm.

Finance Wall Street rises after Yellen speech
Author: 0 Wall Street rises after Yellen speech

CENTRAL BANKERS: Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi are among the central bankers due to speak at the symposium in Jackson Hole , Wyoming, this week. and Europe. Treasury Secretary Steven Mnuchin said the US debt ceiling, a hurdle to be crossed before any tax reform can take place, will be raised in September and that after talks with congressional leaders from both parties everyone is "on the same page".