Monthly Archives: September 2017

Nigeria's Buhari Says He Won't Allow Country to Break Apart

Nigeria's Buhari Says He Won't Allow Country to Break ApartNigerian President Muhammadu Buhari said the government won’t allow Africa’s most populous country to break apart amid growing calls for secession by “irresponsible” groups.

Source: Yahoo Finance

Carmakers Rush to Put Saudi Women Behind Wheels of Their Models

Carmakers Rush to Put Saudi Women Behind Wheels of Their ModelsCar companies haven’t wasted any time courting the 9 million potential customers unlocked when Saudi Arabia lifted its ban on women drivers.

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Citigroup to settle dispute with Lehman Brothers for $1.74 billion – Bloomberg

Citigroup to settle dispute with Lehman Brothers for $1.74 billion - BloombergCitigroup had kept about $2.1 billion that Lehman had on deposit with it for trades following the Lehman bankruptcy, Bloomberg said. The dispute arose because Citigroup said it was owed $2 billion as a result of Lehman’s bankruptcy, while Lehman argued that the money should go to its creditors, Bloomberg said.

Source: Yahoo Finance

Reliance's buyback option on latest iPhones may boost Apple's India presence

Reliance's buyback option on latest iPhones may boost Apple's India presenceBy Sankalp Phartiyal and Promit Mukherjee NEW DELHI/MUMBAI (Reuters) – India’s Reliance said on Friday that customers of its Jio telecoms unit who buy the latest Apple iPhone models from partner stores could sell them back in a year at a guaranteed price, a move that could help the U.S. tech firm expand in India. Apart from possibly lifting Apple sales in India, the move could also draw more high-paying customers to the Jio network. Cupertino, California-based Apple is keen to sell more iPhones in India, one of the world’s biggest smartphone markets, but the high cost of its handsets has kept higher-end iPhones in particular out of the reach of hundreds of millions of Indians.

Source: Yahoo Finance

Who Needs Prep Time? This Litigator of the Week Stepped In Last Minute for Huge Win Against SEC

Who Needs Prep Time? This Litigator of the Week Stepped In Last Minute for Huge Win Against SECWhen Randy Mastro met Lynn Tilton, the "Diva of Distressed" was facing the biggest SEC administrative case of all time–and her trial date was six weeks away. Mastro and his team from Gibson, Dunn & Crutcher defied the odds to win complete vindication.

Source: Yahoo Finance

Russia's Putin visits Turkey as ties between nation's deepen

Russia's Putin visits Turkey as ties between nation's deepenANKARA, Turkey (AP) — Russian President Vladimir Putin visited Turkey on Thursday for talks with President Recep Tayyip Erdogan that focused on the situation in Iraq and Syria along with bilateral trade.

Source: Yahoo Finance

Amazon's barrage of new gadgets shows why it's the most dangerous and relentless company in tech

Amazon's barrage of new gadgets shows why it's the most dangerous and relentless company in techIn the span of about an hour on Wednesday morning Amazon went on a hardware…

Source: Yahoo Finance

Brutal poll shows most people think Trump is unfit for the presidency, are embarrassed he's president, and want him to stop tweeting

Brutal poll shows most people think Trump is unfit for the presidency, are embarrassed he's president, and want him to stop tweetingPresident Donald Trump is unfit for office, isn’t level-headed, and should stop tweeting, a…

Source: Yahoo Finance

Ivanka Trump's supply chains in China cloaked in secrecy

Ivanka Trump's supply chains in China cloaked in secrecyIt is no secret that the bulk of Ivanka Trump’s merchandise comes from China. But just which Chinese companies manufacture and export her handbags, shoes and clothes is more secret than ever, an Associated …

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New North Korea economic sanctions are 'strongest ever,' US Treasury says

New North Korea economic sanctions are 'strongest ever,' US Treasury saysThe U.S. Department of Treasury issued its “strongest sanctions ever “ on more than two dozen individuals and a host of North Korean banks on Tuesday, in what it says is an action aimed at further disrupting North Korea’s access to the global economy.

Source: Yahoo Finance

Collins' opposition essentially kills GOP health care drive

Collins' opposition essentially kills GOP health care driveWASHINGTON (AP) — The last-gasp Republican drive to tear down President Barack Obama's health care law essentially died Monday as Maine Sen. Susan Collins joined a small but decisive cluster of GOP senators in opposing the push.

Source: Yahoo Finance

Did Apple Just Price Itself Out Of The Market? (AAPL)

Did Apple Just Price Itself Out Of The Market? (AAPL)From Bill Hall: Last week, I explained how Apple (AAPL) is perfectly positioned and primed to profit from its new iPhone trio: the 8, 8 Plus and X models. But over the last week, I’ve received tons of reader comments about the iPhone… Read more ›

Source: Yahoo Finance

President's criticisms spark more protests at NFL games

President's criticisms spark more protests at NFL gamesPresident Donald Trump's criticism of players who kneel during the national anthem sparked a mass increase in such protests around the National Football League Sunday, as about 150 players sat, knelt or raised their fists in defiance during early games.

Source: Yahoo Finance

Trump threatens 'Little Rocket Man,' warns that Kim Jong Un and North Korea's foreign minister may not 'be around much longer'

Trump threatens 'Little Rocket Man,' warns that Kim Jong Un and North Korea's foreign minister may not 'be around much longer'President Donald Trump on Saturday night fired back at a forceful speech given by North Korea’s…

Source: Yahoo Finance

Championship UNC men's basketball team will not visit the White House

Championship UNC men's basketball team will not visit the White HouseHours after President Donald Trump pulled an “invitation” for the Golden State Warriors to visit…

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Why you should buy a TV antenna. Yes, really.

Why you should buy a TV antenna. Yes, really.Why you should buy a TV antenna

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Lindsey Graham responds to his best friend, John McCain, dealing a critical blow to his major healthcare bill

Lindsey Graham responds to his best friend, John McCain, dealing a critical blow to his major healthcare billSen. Lindsey Graham responded Friday to Sen. John McCain’s announcement that he would vote…

Source: Yahoo Finance

Apple's iPhone 8 sees muted launch in Asia

Apple's iPhone 8 sees muted launch in AsiaSYDNEY/TOKYO (Reuters) – Apple Inc’s launch of iPhone 8 kicked off in a less lively mood in Asia, versus previous debuts, as fans held out for the premium iPhone X due out in early November. Hundreds of people usually gather at Apple’s Sydney city store with queues winding down the town’s main street, George Street, when there is a new product release. While the number of people queuing up outside Apple stores have dropped over the years with many opting for online purchases, the weak turnout for the latest iPhone has partly been due to poor reviews.

Source: Yahoo Finance

The Latest: Group wants Congress to revisit Medicaid changes

The Latest: Group wants Congress to revisit Medicaid changesThe Latest on the Republican effort to end the Obama-era health overhaul and replace it with a new law (all times local): 3:50 p.m. A group that represents state officials who administer Medicaid programs …

Source: Yahoo Finance

The Feds are looking into some suspicious Equifax trades

The Feds are looking into some suspicious Equifax tradesRaise your hand if you’ve heard this before: There may have been some funny business around the…

Source: Yahoo Finance

Alice Rivlin Says U.S. Entitlement Growth Needs to Slow

Alice Rivlin Says U.S. Entitlement Growth Needs to SlowSep.20 — Alice Rivlin, senior fellow of economics at the Brookings Institution, discusses the debate over U.S. health-care policy with Bloomberg's Scarlet Fu and Tom Keene.

Source: Yahoo Finance

Mexico earthquake kills more than 225 people. Here's what…

Mexico earthquake kills more than 225 people. Here's what...CNBC's Becky Quick has an update on the devastating 7.1 magnitude earthquake that hit Mexico City.

Source: Yahoo Finance

Ford to cut production at five North American vehicle plants

Ford to cut production at five North American vehicle plantsFord Motor Co said on Tuesday it plans to idle five North American vehicle assembly plants for a total of 10 weeks to reduce inventories of slow-selling models. The plants affected include three assembly plants in the United States and two in Mexico, the company said in a statement. The vehicle models include the Ford Fusion and Lincoln MKZ midsize sedans, the Ford Focus compact car, the Lincoln Continental and Ford Mustang, Ford Fiesta and the Ford Transit van.

Source: Yahoo Finance

Toys 'R' Us files for bankruptcy, but keeps stores open

Toys 'R' Us files for bankruptcy, but keeps stores openNEW YORK (AP) — Toys 'R' Us, the big box toy retailer struggling with $5 billion in debt and intense online competition, has filed for bankruptcy protection ahead of the key holiday shopping season — and says its stores will remain open for business as usual.

Source: Yahoo Finance

U.S. Senate votes to ban Kaspersky Lab software from government networks

U.S. Senate votes to ban Kaspersky Lab software from government networksThe U.S. Senate on Monday voted to ban Moscow-based cyber security firm Kaspersky Lab’s products from use by the federal government, citing concerns the company may be a pawn of the Kremlin and poses a national security risk. The vote is the latest in a series of setbacks in the United States for Kaspersky Lab, a 20-year-old anti-virus company that reaches 400 million customers globally and has vigorously denied that it conducts espionage on behalf of the Russian government. The vote, which was included as an amendment to an annual defense policy spending bill approved on Monday by the Senate, seeks to codify and expand a decision by the Trump administration last week to order civilian government agencies to purge from their networks any Kaspersky Lab products.

Source: Yahoo Finance

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