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Economy

The filing errors mean that tens of thousands of people who took out private loans to pay for college - and who have been fighting their debtors in court over not being able to keep up with payments - might have their debts wiped clean. Since it is unclear who exactly owns the individual loans and National Collegiate is unable to provide official documentation in court, the debt, totaling at least $5 billion, may very well be thrown out.
  • Blue Apron shares tumble after Amazon files for meal-kit trademark

    Blue Apron shares tumble after Amazon files for meal-kit trademark

    Economy

    It seems that Amazon's new meal kits are already on sale - at least, in select locations. The company's grocery delivery service, Amazon Fresh, is available in 13 USA cities, as well as London, Tokyo and Berlin. Saving time is prized by meal kit users the most, but quality, variety and healthy meal selections are also highly valued, as are learning how to cook new things and sharing meals and experiences, according to Packaged Facts.
  • Arsenal legend Pires: Monaco winger Lemar has got it all

    Economy

    The club believe an offer that will exceed the £45m ($58m) mark, along with a contract offer worth £100,000 ($129,560) a week, will push the deal through. "Lemar is the kind of player who can make a difference". He told Arsenal Player: "There are two ways to strengthen the squad - the first is to analyse where we have not done so well and where we can improve together, and the other way is to bring in players from outside".
  • Ericsson Misses Q2 Earnings Consensus; Sees Further Full-Year Weakness

    Ericsson Misses Q2 Earnings Consensus; Sees Further Full-Year Weakness

    Economy

    Looking ahead, the company said it sees an increased risk of further market and customer project adjustments with an estimated negative impact on operating income of 3 billion kronor to 5 billion kronor for the coming 12 months. The company plans to achieve an annual run rate reduction of at least 10 billion kronor by mid-2018, of which approximately half will be related to common costs.
  • EU foreign ministers consider further sanctions on North Korea

    EU foreign ministers consider further sanctions on North Korea

    Economy

    Any gradual engagement with North Korea now, Mr. Moon hopes, might lead to a virtuous circle of trust and goodwill that allows the two Korean nations to negotiate the hard issues of nuclear disarmament and mutual recognition. The unification, military and other relevant ministries are discussing the plan one day after Pyongyang first reacted to Moon's suggestion, according to the official who asked not to be named de to sensitivity of the issue.
  • Bank of America Corporation (BAC) Stake Held by Atwood & Palmer Inc

    Bank of America Corporation (BAC) Stake Held by Atwood & Palmer Inc

    Economy

    HPM Partners LLC boosted its position in Bank of America Corporation by 682.6% in the first quarter. The performance week for Bank of America Corporation is at -2.50% and the performance month is at 1.89%. This buyback authorization authorizes the financial services provider to reacquire up to 4.8% of its stock through open market purchases. Oxbow Advisors Lc accumulated 0.06% or 21,126 shares.
  • Netflix on a subscriber roll, and Wall Street sends stock soaring

    Netflix on a subscriber roll, and Wall Street sends stock soaring

    Economy

    Netflix crossed the symbolic 100 million-member mark in the second quarter, while its global member total exceeded the domestic one for the first time. With subscribers crossing the 100 million mark, investors threw their weight behind Netflix in after-hours trading Monday. While the company reported $2.79 billion in quarterly revenue (which topped estimates and was up 32% year-over-year), its $65.6 million in quarterly profits also fell short of the $68.5 million estimated by analysts.
  • Karnataka government appoints panel to design its own state flag

    Karnataka government appoints panel to design its own state flag

    Economy

    If Karnataka gets its own flag, it would be the second state in the country after Jammu and Kashmir which has already a flag. The order, signed on behalf of the governor by G Annapurna, under secretary of the Kannada and culture department, reads: "The committee must ready a design for a separate state flag and submit a report on providing it a legal sanctity".
  • Sri Lanka pull off record chase against Zimbabwe

    Sri Lanka pull off record chase against Zimbabwe

    Economy

    Dilruwan Perera also remained unbeaten at the crease at 29 runs in Lanka's chase. Another notable performance in the match was of Sikandar Raza, who struck his maiden Test century to guide Zimbabwe to 377 in their second innings after being reduced to 252-6.
  • Mourinho makes his decision on Man Utd vice-captain

    Mourinho makes his decision on Man Utd vice-captain

    Economy

    The 36-year-old also took time to stress his belief that Lukaku can quickly become a popular figure with his new team-mates at Manchester United . There are some Chelsea fans who are desperate for Lukaku to fail. It's a massive jump. I would not like to be in Ed Woodward's position in negotiations because it's really hard. "I'm sure he'll find the same. It's just about dealing with the pressure".
  • Goldman Sachs Group Inc

    Goldman Sachs Group Inc

    Economy

    Baystate Wealth Management Limited Co invested in 0.01% or 375 shares. Hudock Capital Group LLC increased its position in Goldman Sachs Group, Inc . (The) were worth $1,046,000 at the end of the most recent reporting period. (The) declared that its board has approved a share repurchase program on Tuesday, April 18th that permits the company to repurchase 50,000,000 outstanding shares.