Economy

Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its stake in shares of Panera Bread by 20,409.0% in the fourth quarter. The deal includes the assumption of about $340 million of net debt, JAB Holdings and Panera said in a joint statement .
  • United Kingdom inflation holds steady at 2.3pc due to delayed Easter effect

    Economy

    Economists, who had expected a flat picture for inflation last month, believe it could shoot up this month because of the Easter effect on prices such as airfares. Also in April, increases in taxes on air passengers and vehicle owners are kicking in and many utility companies are raising their prices too. The claimant count unexpectedly increased by a seasonally adjusted 25,500 in March, compared to expectations for a decline of 3,000 people and following a fall of 6,100 a month earlier, ...
  • Infosys to return up to $2 bln to shareholders; appoints co-chairman

    Infosys to return up to $2 bln to shareholders; appoints co-chairman

    Economy

    Revenue also fell 0.88 percent to Rs 17,120 crore on sequential basis. Infosys had liquid assets (cash & cash equivalents and investments) of Rs 38,773 crore as on March 31, 2017. "Effective from financial year 2018, the company expects to payout up to 70 percent of the free cash flow of the corresponding financial year", Infosys said.
  • China calls for calm as USA dispatches naval might to Korean waters

    Economy

    North Korea launched a long-range rocket carrying a satellite on 13 April 2012, marking the anniversary of the birth of North Korea's founding president Kim Il Sung. "Pyongyang's nuclear weapons program is intended for securing the regime, however, it is reaching a tipping point ". China says it is in full compliance with sanctions enacted under U.N.
  • China's Xi Jinping tells Donald Trump ''peaceful resolution'' needed on North Korea

    China's Xi Jinping tells Donald Trump ''peaceful resolution'' needed on North Korea

    Economy

    Officials from the North, including leader Kim Jong-un, have indicated an intercontinental ballistic missile test or something similar could be coming. North Korea's official Rodong Sinmun newspaper said the country was prepared to respond to any aggression by the United States. Yesterday evening, Mr Trump tweeted that "North Korea is looking for trouble ".
  • B2Gold Corp (BTG) Downgraded to

    B2Gold Corp (BTG) Downgraded to "Sell" at Zacks Investment Research

    Economy

    The Company has a portfolio of other evaluation and exploration projects in various countries, including Mali, Colombia, Burkina Faso, Finland, Chile and Nicaragua. If you are reading this report on another publication, it was illegally stolen and reposted in violation of USA & worldwide trademark and copyright law.
  • Sean Spicer Apologises Again For 'Inexcusable' Adolf Hitler Comments

    Economy

    When reporters reminded him that Hitler did in fact use gas to kill millions during the Holocaust, the press secretary tried to backpedal - and then dug an even deeper hole. While he confirmed Mr Trump had not spoken to him directly about the gaffe, he refused to say if the United States president had passed on a message to him.
  • SpaceX conducts first re-launch of Falcon 9 rocket

    Economy

    SpaceX founder Elon Musk said it had been "a huge day", and reiterated the firm's aim to reuse a rocket within 24 hours. For its 33rd mission, SpaceX is reusing a Falcon 9 booster that was the first to make a successful return landing in the ocean.
  • The Lincoln Chauffeur and At-Home Test Drives enhance the experience

    The Lincoln Chauffeur and At-Home Test Drives enhance the experience

    Economy

    Costs, as you might expect, are not cheap: During the pilot program, Lincoln Chauffeur will run around $30 per hour, which is actually not bad compared to Uber until you remember you have to supply the vehicle as well. Lincoln points out that all of the drivers are going to be employed by the company itself which is different than the model used by services like Uber which rely on ad-hoc contractors that aren't considered employees of the company.
  • AOL questions panel's intentions

    AOL questions panel's intentions

    Economy

    The costs for physical rehabilitation were put at Rs28.73 crore (two years) and those for biological at Rs13.29 crore (10 years). The report of the seven-member expert committee, headed by former Secretary of Water Resources Ministry Shashi Shekhar, has informed the National Green Tribunal ( NGT) about the ecological damage caused to over 300 acres of floodplains due to the AoL's festival past year.
  • Trump won't say if he has confidence in Bannon

    Trump won't say if he has confidence in Bannon

    Economy

    Goodwin said he asked the president "if he still has confidence in Bannon, who took over the campaign in mid-August, I did not get a definitive yes". Charitably, he meant that he didn't know him well, but he certainly knew him. "I am committed to doing whatever it takes to win this election, and ultimately become President because our country can not afford four more years of the failed Obama-Clinton policies which have endangered our financial and physical security".
  • Trump says US-Russia relations 'may be at an all-time low'

    Economy

    McMaster, all of whom are deeply skeptical of Russian Federation. Trump said it was unlikely Russian Federation did not know about the airstrike on Idlib which killed more than 28 children. Trump says he made a deal with Xi that China will get a much better trade ties with the United States if Beijing helps to disarm North Korea. "That's a butcher!" Trump bellowed.