http://pressks.com/wp-content/uploads/2017/05/snapdeal-flipkart-merger.jpg

Economy

Founded by Kunal Bahl and Rohit Bansal in 2011, Snapdeal was one of the early unicorns among the Indian start-ups and was the second-largest e-commerce marketplace in India till about previous year. Top e-commerce firm Flipkart has witnessed at least half-a-dozen global funds pare down the value of their investments in the company. Reports have indicated that the merger between Snapdeal and Flipkart will close soon.
  • Trooper slaying suspect shot dead

    Trooper slaying suspect shot dead

    Economy

    He was then shot by law enforcement and pronounced dead at 9:29 a.m., said Master Cpl. The University of Delaware Police said in a Facebook post , "Our thoughts and prayers are with the Delaware State Police during this time". Ballard immediately fell to the ground, and Ballard fired several more rounds, striking Ballard again in the chest. Police tracked the suspected gunman to his home in a subdivision of two-story houses near Middletown, about 15 miles (25 kilometers) south of where ...
  • Phoenix Police Announce A Break In The 'Serial Street Shooter' Case

    Economy

    But police say that Saucedo had no personal connection to the people he killed following this incident, and that they appeared to be picked at random, killed while entering their homes or lounging in their yards. Police said they expect to pay out the $75,000 reward posted for information leading to an arrest. She said her husband and his friends began hanging out in the backyard instead of the front after the shootings.
  • Airlines warned of intervention by Washington after passenger dragged from plane

    Economy

    But Shuster and others said they would prefer not to legislate around issues about how airlines sell their product. Several members of Congress have introduced legislation to ban the bumping of passengers if flights are overbooked. United President Scott Kirby joined Munoz at the hearing, along with top executives of American, Alaska Airlines and Southwest Airlines. But the airline executives couldn't avoid a grilling by the House Transportation Committee.
  • Analyst's Proposition on Fidelity National Financial, Inc. (FNF), BioScrip, Inc. (BIOS)

    Analyst's Proposition on Fidelity National Financial, Inc. (FNF), BioScrip, Inc. (BIOS)

    Economy

    Several other research firms have also recently commented on FNF . 07/18/2016 - Fidelity National Financial , Inc. was downgraded to "market perform" by analysts at Keefe, Bruyette & Woods. Multiple company employees have indulged in significant insider trading. In the transaction dated December 02, 2016, the great number of shares disposed came courtesy the Director; WILLEY FRANK P disposed a total of 21,977 shares at an average price of $32.03, amounting to approximately $703,923.
  • OPEC likely to agree to cut oil production again in May meeting

    Economy

    But weekly declines of close to 10 percent were all but halved during NY trading hours. "It is now-or-never for oil bulls", said USA commodity analysis firm The Schork Report on Friday. Crude oil rose on Friday, bouncing back from levels not seen since November, on the likelihood key producers could extend output cuts beyond an agreed-on June deadline, while USA stocks closed at a record high.
  • Solar power tariff takes record drop in auction

    Economy

    SBG Cleantech is the joint venture of Japan's Softbank, Taiwan's Foxcomm, and Bharti Airtel. "Like the song says, 'The sun shines bright on my old Kentucky home.' Pretty soon, every time the sun is shining bright, we'll be making electricity", said Tony Campbell, CEO of East Kentucky Power Cooperative , which will own and operate the solar farm on behalf of the electric cooperatives.
  • Jeremy Corbyn calls for 'jobs first' Brexit

    Economy

    But how nurses plan to vote does not necessarily tally with which party's policies they think were most friendly to health and social care, suggesting issues like Brexit are more important for some. The poll, which comes after UKIP suffered heavy losses in last week's council election , found that 54 per cent of UKIP voters said they would now vote Conservative .
  • NEXT plc (NXT) Stock Rating Reaffirmed by JPMorgan Chase & Co

    Economy

    Six analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the stock. easyJet plc has a consensus rating of "Hold" and an average target price of GBX 1,031.85 ($13.35). 9,455 shares valued at $442,399 were sold by Leibman Maya on Wednesday, March 1. Causeway Capital Management Llc holds 0.26% of its portfolio in Aviva plc for 514,612 shares.
  • Fed Keeps Rate As-is Amid Economic Optimism

    Economy

    Meanwhile, a strong non-farm payrolls report on Friday would give the markets more confidence that the Fed will stay on course for another two rate increases this year. In the 12 months through March, the index increased 1.8% after rising 2.1% in February. According to The Financial Times , there is now a 94% chance of a rate increase at the June meeting, according to Fed fund futures, up from 67% before this month's decision.