Business

The first attack happened at a road race to benefit Marines and sailors at the Jersey Shore at 9:30 a.m. Saturday. The Guardian reported that the pressure cooker bombs used in New York City were found to have black powder residue which has been identified as Tannerite, which is widely used to mark shots in target shooting.
  • Standing Rock Sioux Tribe calls for peace in advance of court ruling

    Business

    Nonetheless, the judge wrote, the tribe "has not demonstrated that an injunction is warranted here". The pipeline isn't set to cross the Standing Rock reservation but would cross in nearby land the tribe considers sacred. He said the injunction the tribe requested would not stop construction of the pipeline, since most of it runs through private land not subject to federal law or permitting.
  • VW engineer pleads guilty in emissions case, will cooperate

    VW engineer pleads guilty in emissions case, will cooperate

    Business

    He pleaded guilty to conspiracy on Friday in Detroit federal court. According to Liang's admissions, when he and his co-conspirators realized that they could not design a diesel engine that would meet the stricter US emissions standards, they designed software that would deceive emissions testing equipment.
  • Real-life investigators object to portrayal in 'Sully' movie

    Business

    Numerous survivors live in the Charlotte area (Standering lives in Cornelius), because that's where the ill-fated Flight 1549 was destined before being disabled by a flock of birds that knocked out two of the plane's engines, forcing Sully and first officer Jeff Skiles to put the plane down on New York's Hudson River.
  • EIA Sees OPEC Crude Output Rising In 2016 And 2017

    EIA Sees OPEC Crude Output Rising In 2016 And 2017

    Business

    The EIA report for the week ending September 2 showed a drop in domestic supplies of 14.5 million barrels, the largest tumble since 1999. The commercial crude inventory remains at historically high levels for this time of year, according to the EIA.
  • GoFundMe created for woman, 93, after cops nab robbery suspect

    GoFundMe created for woman, 93, after cops nab robbery suspect

    Business

    Police charged 26-year-old Broyoan Lopez, of Brooklyn, with robbery, grand larceny and criminal possession of stolen property. The man, dubbed New York's worst person, targeted Maria Vasquez as she shopped in a shoe store at midday on Wednesday (local time), the Post reported.
  • Dollar, shares rise on expectations for a US rate increase

    Business

    Yellen said a pick-up in the world's top economy and an improvement in the jobs market meant "the case for an increase in the federal funds rate has strengthened in recent months". The focus on US rates put bonds under pressure, with German Bund yields pulled up by 10-year Treasury's rise to 1.5850 percent. These include personal spending for July, due Monday, the Institute for Supply Management's manufacturing index for August on Thursday, and the USA government's August employment report ...
  • Mike Ashley flashes wad of £50 notes at Sports Direct HQ

    Business

    However, Ashley's huge shareholding would likely swing any re-vote. The chain said on Tuesday that a review of its procedures carried out by its lawyers had revealed the failings, which it said it "deeply regrets and apologises for". " Sports Direct's reputation has been dragged through the mud and its share price has taken a hammering". In the review, commissioned at the request and with the support of the board of Sports Direct International (SDI), the company acknowledged that its ...
  • Boulder weather: High of 84 with a chance of evening showers

    Business

    Marginally moist air remains in the lower 15,000' of the atmosphere, sufficient for scattered showers with daytime heating. "And that's what has happened". Saturday: Mostly sunny, with a high near 88. Light wind in the morning becoming east around 10 miles per hour in the afternoon. Wednesday .Mostly sunny with a 20 percent chance of showers and thunderstorms.
  • European Union foreign ministers tread very fine line with Turkey at ministerial meeting

    Business

    The remarks, made after a meeting with the EU's national foreign ministers, may give the bloc more breathing space as it presses Turkey to change its counter-terror laws, a condition for allowing visa-free travel. Celik criticized Austria, saying such comments "lack vision" and "put in jeopardy the future of Europe". Ahead of the meeting with Celik, several ministers appeared keen to walk a fine line between pushing Turkey to heed their concerns without further worsening relations.
  • SolarCity advisor Lazard made mistake in deal with Tesla

    SolarCity advisor Lazard made mistake in deal with Tesla

    Business

    Tesla Motors revealed that it needs to raise additional funding through stock and debt offer to keep development of its Model 3 sedan on target. Tesla said at the time, the funds were meant to support the production of its low-priced Model 3, the giant's mass-market endeavor.
  • Warner applauds implementation of new federal drone rule

    Business

    The rules - which have been applauded by the Hollywood community - apply to drones weighing less than 55 pounds for non-hobbyist use, including film production. Airspace Authorization. Users can operate their unmanned aircraft in Class G (uncontrolled) airspace without air traffic control permission. After an operator passes the test, he or she must complete an FAA Airman Certificate and/or Rating Application to receive a remote pilot certificate.
  • Allegiant Air adds nonstop service from New Orleans-Concord

    Allegiant Air adds nonstop service from New Orleans-Concord

    Business

    The flights to Austin will begin February 17, with introductory fares as low as $44, according to a statement. The routes to Texas will start December 16, and the flights to Puerto Rico will start December 17. Since then, it has added service to Albuquerque, N.M.; Cincinnati, Ohio; Orlando, Fla.; and Memphis, Tenn. As of August 30, Allegiant operates flights from Austin to Las Vegas, Albuquerque, Cincinnati, Orlando and Memphis.
  • US Homeland Security to Evaluate Private Prison Reform - Secretary

    US Homeland Security to Evaluate Private Prison Reform - Secretary

    Business

    The Department of Homeland Security could curtail the use of controversial privately-run detention centers to hold people detained entering the country illegally, DHS Secretary Jeh Johnson said on Monday, a move that would reflect the Department of Justice's recent announcement to phase out housing federal prisoners in for-profit prisons.
  • 10000th Syrian refugee arriving in the U.S.

    Business

    National Security Advisor Susan Rice in announcing that the 10,000th refugee would arrive in the U.S. Monday. "The immediate goal of resettling 10,000 Syrian refugees did not come at the cost of our comprehensive, robust security measures".
  • German economy minister says EU-US trade talks have failed

    German economy minister says EU-US trade talks have failed

    Business

    The EU and United States began work on the Transatlantic Trade and Investment Partnership (TTIP) in 2013, aiming to create the world's largest free trade area by the time President Barack Obama leaves office in January next year. He said Europe "must not succumb to American demands". Commenting separately on Gabriel's remarks, Lithuania's Foreign Minister Linas Linkevicius said he believed arriving at a deal would benefit both the European Union and the United States.
  • Donald Trump says he's 'not flip flopping' on immigration

    Donald Trump says he's 'not flip flopping' on immigration

    Business

    In December, Trump called for "a total and complete shutdown of Muslims entering the United States until our country's representatives can figure out what is going on". But that speech has been postponed, likely until next week. He still wants to build a wall along the USA southern border with Mexico but he has emphasized in recent days a need to deal most urgently with illegal immigrants who commit crimes and also those who might be displacing African-American and Hispanic workers.
  • Warning of 'war' on farmers, Trump seeks support in Iowa

    Business

    Joni Ernst's annual Roast and Ride event, Trump said "there are millions of American-Americans in this country who have succeeded" but stressed that government has failed black communities with nearly 40 percent of African-American children living in poverty.
  • New Models Help Jaguar Land Rover Sales Soar

    New Models Help Jaguar Land Rover Sales Soar

    Business

    Stripping out exceptional items and other costs, the company's operating profit was Rs 3,062 crore versus Rs 7,489 crore a year earlier. Consolidated net sales during the period were up by 10 per cent to stand at Rs 66,101.27 crore, against Rs 60,093.79 crore past year.
  • Best Buy explodes 15% after earnings beat expectations

    Best Buy explodes 15% after earnings beat expectations

    Business

    LS Investment Advisors LLC raised its stake in Best Buy by 14.3% in the second quarter. "Our teams delivered a strong second quarter, with better-than-expected revenue and profitability in both our Domestic and global businesses", said Best Buy Chairman and CEO Hubert Joly.
  • Maine land from Burt's Bees founder is new national monument

    Maine land from Burt's Bees founder is new national monument

    Business

    President Obama designated an 87,500-acre national monument in ME on Wednesday, creating the largest national monument east of the Mississippi. Over the objections of some local residents and lawmakers, President Obama declared a new national monument Wednesday in northern Maine.
  • What role is Roger Ailes playing in Donald Trump's campaign?

    Business

    During the primary, Mr. Trump pledged to build a wall along the US southern border to keep out illegal immigrants, while using a force to drive existing undocumented residents back to their home countries. "He requested that we put it in writing", Fuentes told CNN . "He doesn't hurl personal insults", she said. Then in June, he seemed to express hesitation over using the term "mass deportations", although his aides would not say whether his position had changed.
  • Macy's to close 100 stores and increase focus on digital

    Macy's to close 100 stores and increase focus on digital

    Business

    Gennette Jeff, who is to replace Jerry later Also added, his voice to say that the rut in the system, has been there for some time, and it is high time, it is being cleaned. The Fort Wayne location is one among 728 Macy's stores, according to the company. The move follows the chain's decision to shut 40 stores earlier this year.
  • Trump's adviser asks 'Says who' when told the Donald's losing

    Trump's adviser asks 'Says who' when told the Donald's losing

    Business

    What a time to be alive. You say it's not a shakeup, but you guys are down. "There are no desperate measures". "The campaign is on its way to victory, and yet you still use these ridiculous words in order to incite something". He's also trailing in key battleground states - including Virginia, Pennsylvania, Colorado, North Carolina and Florida. " You're going to all be very surprised when he polls substantially higher than what you all are giving him credit for".
  • Oil Extends Gains On OPEC Hopes

    Oil Extends Gains On OPEC Hopes

    Business

    Iran's oil minister Bijan Namdar Zanganeh will meet with Opec, non-Opec ministers at the International Energy Forum , Seda's Reza Zandi said on Twitter , without saying how he got the information. Back on 2015, the two countries have executed an intergovernmental agreement on cooperating in various application spheres of civilian nuclear technologies.
  • Aetna will stop selling Obamacare plans in SC

    Business

    The four states where plans will continue to be sold on state exchanges include Iowa, Delaware, Nebraska, and Virginia. Bertolini told investor analysts when Aetna released its second-quarter financial results August 2 that the insurer would withdraw expansion plans for Affordable Care Act exchanges in 2017 and that it expected a loss of more than $300 million in Affordable Care Act business this year.
  • Clinton Dismisses Trump 'Lip Service' On Pro-Family Economic Policies

    Business

    Clinton is trying to taking advantage of the turmoil in the Trump campaign, pitching herself to independents and moderate Republicans, and building on her momentum after party conventions. With few exceptions, Trump has provided more of a philosophical basis for an economic plan than specifics, although he did call for greater child care deductions for families.
  • Russia's Putin and Turkey's Erdogan to mend ties

    Business

    Repeatedly calling Putin his "dear friend", Erdogan refrained from mentioning any sticking points after the talks, saying he expects ties to fully blossom again soon. The State Department said Tuesday it does not view the restoration of Turkish-Russian relations as "a zero-sum game" as leaders of Turkey and Russia determined to boost ties after about nine months, Anadolu Agency reports.
  • Oil prices down with unscheduled meeting called by nervous Opec awaited

    Oil prices down with unscheduled meeting called by nervous Opec awaited

    Business

    With prices falling back to $40 a barrel in the last few weeks, jittery OPEC members are at a loss of how to halt the descent. Countries within the Organization for Economic Cooperation and Development will account for only 100,000 barrels a day in demand growth next year while non-OECD countries will account for 1.05 million barrels in growth, according to OPEC .
  • Delta expects normal operations to resume on Wednesday

    Business

    Even as it announced the cancellation of over 150 flights Wednesday morning, Delta Air Lines said operations were expected to return to normal "by mid-to-late afternoon Wednesday following an outage Monday that disrupted the airline's flight schedule".
  • Normalcy Expected Two Days After Outage

    Business

    Delta said Monday afternoon it was providing $200 in travel vouchers to all fliers with a delay of more than three hours, or a canceled flight. The flight cancellations would occur early, with normal operations projected for later in the day, said the No.
  • Hurt by the Delta outage? Here's what you can do

    Business

    Passengers wait at Hartsfield-Jackson Atlanta International Airport, Monday, Aug. 8, 2016, in Atlanta . By late morning, almost 400 Delta flights had been scrubbed and more than 700 delayed, according to tracking service FlightStats Inc.
  • Raghuram Rajan again holds rates in his last monetary policy update

    Business

    FICCI hopes the RBI would continue to work on improving the pass through of the earlier rate cuts, he said. Therefore, under MPC we will get a balance of various views. "Moving beyond the interest rate is also important since along with the cost of borrowing, the ease of borrowing also matters", Rawat said. "At the core of the monetary policy, is the desire to see a sustainable growth rate along with empowering the banks to lend more at competitive rates", Assocham Secretary General D.S.
  • GST stands for Great Step by Team India: PM Modi

    Business

    The bill, passed by the Upper House, will also give the Indian government unprecedented powers to set tax rates on goods and services, apart from streamlining the country's convoluted tax laws into a uniform system. The goal of GST being to create one single market, the GST bill will boost economic growth with some optimistic estimates suggesting an added 2%.
  • Barclays settles Libor rigging scandal with 44 states and DC

    Barclays settles Libor rigging scandal with 44 states and DC

    Business

    The LIBOR benchmark interest rate is used to set other interest rates impacting trillions of dollars of investments worldwide. For example, the attorney general statement's stated that, between 2005 and 2009, traders at the bank would ask Libor submitters to put forward a rate which favoured their trading position.
  • Announcement of informal OPEC meeting pushes oil prices higher

    Business

    In the USA, drillers are planning to resume work with a rising number of rigs this year, mostly in the Permian Basin of Texas and the natural gas-rich Marcellus Shale field. USA crude climbed 1.7% to $42.51 a barrel after falling below $40 early last week. Official data revealed that July fuel exports in China increased more than 50% compared to past year, to 4.57 million tonnes.
  • Buffett's Berkshire posts higher profit, revenue

    Buffett's Berkshire posts higher profit, revenue

    Business

    Buffett has long told shareholders that they should focus on the underlying earnings of the Berkshire's operating businesses, rather than gains or losses on securities that are reflected in the company's income statement. 5, 2016. The investments and derivatives of the company managed to generate $394 million profit in this quarter, which is a significant improvement compared to $123 million produced by the company a year ago.
  • Emirates passengers warned of delays as investigation into Dubai crash landing continues

    Emirates passengers warned of delays as investigation into Dubai crash landing continues

    Business

    According to air traffic control recordings obtained by Aviation Herald magazine, controllers at Dubai had reminded the crew of the Boeing 777 to lower the landing gear as it approached. The pilots may have been trying to abort the landing, reported The Aviation Herald , which monitors air crashes. Tributes were today paid to firefighter Jassim Eissa al-Baloushi who died while tackling the blaze.