Economy

In the wake of mounting losses at its USA nuclear arm Westinghouse , which filed for Chapter 11 protection from creditors on Wednesday, Toshiba has put up the business for auction. Tsunakawa said offers received so far for the unit are likely to allow the company to avoid falling into negative shareholder equity. Chris Jukes GMB senior organiser said: " Westinghouse is to build the reactors for the new plant".
  • Cubs raise rare banner at Wrigley, embrace 'more than baseball'

    Economy

    The uniforms feature a gold border around the front logo, a World Series champion commemorative patch on the right arm and a gold number on the back. The reigning NL MVP saw fans braving the rain and jamming the neighborhood, particularly the sparkling new plaza outside Wrigley Field.
  • 8-year-old drives little sister to McDonald's for cheeseburger

    8-year-old drives little sister to McDonald's for cheeseburger

    Economy

    He learned to drive by watching YouTube videos, and witnesses say the boy had no issues in operating the vehicle - he stopped for traffic lights and stayed within the speed limit. Sunday after driving about a half-mile from his home. The children reportedly got to eat burgers while they waited to be picked up. "A friend of the family saw what was going on and called the grandparents", Koehler said.
  • Investment Analysts' Recent Ratings Changes for Ergomed PLC (ERGO)

    Economy

    The stock of Weir Group PLC (LON:WEIR) earned "Buy" rating by Goldman Sachs on Wednesday, October 19. Canaccord Genuity maintained the shares of NTG in report on Tuesday, December 1 with "Hold" rating. It has a 11.58 P/E ratio. The company had a trading volume of 4,363 shares. Investors sentiment increased to 1.17 in 2016 Q4. Its up 0.17, from 2.5 in 2016Q3.
  • Explosions hit Dortmund team's bus, one player injured

    Explosions hit Dortmund team's bus, one player injured

    Economy

    German federal prosecutors say they have taken up investigations following the attack on a bus carrying the team of Borussia Dortmund. After Borussia Dortmund's Champions League quarter-final against Monaco was postponed due to an attack on the Dortmund team bus, both the German side and Monaco seem to have become close friends.
  • Einhorn pushes GM with board nominees

    Einhorn pushes GM with board nominees

    Economy

    GM rebuffed that proposal, and both Moody's and Standard & Poor's declared that such a structure could hurt its credit rating. "To ensure the GM board objectively considers our plan and to look after the best interests of shareholders, we are nominating a slate of experienced candidates", Einhorn said in Greenlight's statement.
  • Grimsby Town name Russell Slade as new manager

    Grimsby Town name Russell Slade as new manager

    Economy

    Slade was unveiled in a press conference on Wednesday morning as the new boss of the Mariners, replacing Marcus Bignot who was sacked earlier in the week. Grimsby are 14th in the League Two table - seven points off the play-offs. "There's no doubt that this club is big enough to be playing in the level above".
  • Macquarie Reaffirms

    Macquarie Reaffirms "Buy" Rating for QTS Realty Trust Inc (QTS)

    Economy

    TheStreet raised shares of Physicians Realty Trust from a "c+" rating to a "b-" rating in a research report on Friday, January 27th. Barclays PLC reissued an "overweight" rating and set a $110.00 price objective (down from $118.00) on shares of Digital Realty Trust in a research report on Monday, January 23rd.
  • Germans offer fans a place to stay after game postponed

    Economy

    A possible second letter from the anti-fascist scene claiming responsibility for the attack is also being examined by investigators, according to Focus Online magazine. The game has now been postponed until Wednesday evening. The presidents of Federation Internationale de Football Association and UEFA have condemned what German authorities are treating as a deliberate bomb attack on the Borussia Dortmund team bus on Tuesday.
  • Wells Fargo Takes Back $75 Million From Former Executives For Scandal

    Economy

    Senior Wells Fargo executives knew as far back as 2002 - almost a decade earlier than initially disclosed - that bank employees were setting up fake accounts that customers didn't want in order to meet aggressive sales goals, according to the 113-page report by the bank's independent directors.
  • IMF MD says Protectionism can hamper global economic recovery

    IMF MD says Protectionism can hamper global economic recovery

    Economy

    In the speech in Brussels, Lagarde did not single out any country for criticism on the issue of protectionism. Lagarde said governments also needed to find better ways to aid workers who were displaced by technology and trade flows. She pointed to stronger manufacturing activity in advanced economies and robust gains in emerging economies, which she said will provide more than three-fourths of expected global growth in 2017.
  • Spicer apologizes for 'insensitive' reference to Holocaust

    Spicer apologizes for 'insensitive' reference to Holocaust

    Economy

    Many were killed in gas chambers with chemical gas agents such as Zyklon B. Depending upon the account, though, this is either because their program wasn't sophisticated enough, they were anxious about its impact on their horses, or because they feared the Allies had much more deadly chemical weapons.