Economy

The Federal Aviation Administration is now investigating how the engine fire started. Buses eventually transported the passengers to the United Lounge, said the passenger, who saw three people treated for injuries. Reports of 5 minor injuries. The passengers were ferried back to the terminal and would be put on later flights, he added. United says it's working to get the passengers to San Francisco as soon as possible.
  • Trump's suspect claim about Iran's collapse

    Trump's suspect claim about Iran's collapse

    Economy

    Emphasising that Iran has never sought nuclear weapons and International Atomic Energy Agency (IAEA) has on several occasions verified peaceful nature of Tehran's nuclear program, Rouhani said Iran has always been at the forefront of combating terrorism and its image is totally clear to the world.
  • Is there Upside to Kimco Realty Corporation (NYSE:KIM) ?

    Economy

    The Perritt Capital Management Inc holds 112,500 shares with $2.63M value, down from 222,950 last quarter. Since January 24, 2017, it had 1 buy, and 0 insider sales for $24,240 activity. ( NYSE :GTY). Sterling Cap Mngmt Limited Liability Company reported 34,431 shares. On Wednesday, May 3 the insider SHAW JACK R sold $132,419. GTY's SI was 1.02M shares in May as released by FINRA.
  • New Ford CEO Jim Hackett's salary to be $1.8 million

    New Ford CEO Jim Hackett's salary to be $1.8 million

    Economy

    The filing did not provide any estimate of how much Fields could receive. Hackett , 62, was named Ford's new CEO on Monday, replacing Mark Fields after almost three years. Fields' 2016 compensation included a base salary of $1,787,500. Hackett will earn a $1.8 million annual salary, up from $716,000 at. Some of the compensation for Mr Hackett will vest over three years.
  • Father of suspected Manchester bomber says son is innocent

    Father of suspected Manchester bomber says son is innocent

    Economy

    Abedi is the brother of Salman Abedi , who has been identified as the man behind the bombing that killed 22 people and wounded scores at an Ariana Grande concert Monday night in Manchester . He added that the bomb used TATP, an explosive that was also carried out in the deadly Paris and Brussels attacks. Among the victims identified was an 8-year-old girl, an 18-year-old college student, a Polish couple who were picking up their daughter from the concert and others.
  • TRAI stands by ₹3050-crore penalty on 3 incumbent telcos

    TRAI stands by ₹3050-crore penalty on 3 incumbent telcos

    Economy

    Sticking to its earlier stand, the Indian telecom regulator on Wednesday recommended penal action against three operators - Bharti Airtel , Vodafone India and Idea Cellular - for not providing adequate points of interconnections (PoI) to newcomer Reliance Jio .
  • United States border tax could lead to higher retail prices

    United States border tax could lead to higher retail prices

    Economy

    Still, little consensus emerged from the hearing, which featured testimony from Target Corp. Former President/CEO of Wal-Mart U.S. William Simon, former president and CEO of Walmart ( WMT ) U.S., took a neutral approach. "What would the BAT's impact be on American jobs?" While Congressman Lloyd Doggett (D-TX) characterized the proposal as being "on life support", retail trade organizations and executives know the war hasn't been won quite yet.
  • Hong Kong dollar fluctuates after Moody's cuts city's credit rating

    Economy

    The downgrade to A1 from Aa3 is the first since 1989, the same year as the Tiananmen Square protests, and brings Moody's in line with Fitch Ratings. Standard & Poor's recently upgraded China's rating to AA-, equivalent to one notch above Moody's new rating. The slowing economy has become an increasingly sensitive topic in China, with authorities directing mainland Chinese economists and journalists towards more positive messaging.
  • Bitcoin soars above $2400 to all-time high

    Economy

    At present, Bitcoin is trading at $2,550, 155 per cent more than its price in the beginning of the year. The company is already running trials with Fidelity employees, with a solution that integrates information from the Coinbase exchange.
  • Libya arrests brother, father of Manchester bombing suspect

    Libya arrests brother, father of Manchester bombing suspect

    Economy

    The brother of the Manchester bomber was arrested in Libya . Greater Manchester Police has said the priority was to establish whether Abedi had worked alone or not. He also had ties to al-Qaeda, had received terrorist training overseas, and members of his own family informed on him in the past, according to NBC News .