Finance

Troubled airbag manufacturer Takata files for bankruptcy

In the U.S., Fiat Chrysler Automobiles said it doesn't foresee any issues with parts supply and "has been working collaboratively with key stakeholders to e...


Uber CEO Stepping Down Amidst Company Turmoil

Kalanick is staying on the board of directors. However, Kalanick will continue to hold a position on Uber's board of directors, according to a statement fro...


Jeff Bezos's grocery shopping shakes up an $800 billion industry

Amazon launched Amazon Fresh in 2007, a service that for a fee delivers groceries to customers' homes but that has failed to make a wide impact. Followin...


Support for gay marriage surges, even among groups once wary

Justices Neil Gorsuch, Clarence Thomas and Samuel Alito dissented from the ruling . Now that the Arkansas law has been struck down, states like Alabama, Al...


Durable Goods Orders Fell 1.1% in May, Driven by Transportation

April ex transportation orders were revised to -0.5% from -0.4%. Orders of machinery, electrical equipment and motor vehicles were the bright spots, with the ...


Cone Midstream Partners (NYSE:CNNX) Receives An Update From Brokers

It has underperformed by 13.15% the S&P500. 11/29/2016 - PennTex Midstream Partners, LP was downgraded to "hold" by analysts at SunTrust. Therefore 14% are po...


Anderson, former airline CEO, to succeed Moorman at Amtrak

Anderson will join Amtrak July 12 and serve in a co-CEO capacity with current CEO Wick Moorman through December 31, 2017, when Moorman will step down and serve ...


OH gasoline prices up slightly this week

Record refinery production rates and high gasoline and crude oil inventory have been cited as contributing factors in the lower prices. Several other states, in...


Prime Minister Justin Trudeau was Seriously Adorable at Toronto's Pride March

Yes. That is rainbow-colored face paint on the prime minister. Trudeau also stopped to hug a man in the crowd who was wearing a shirt emblazoned with the word...


New study of Seattle's $15 minimum wage says it costs jobs

Low-wage workers on average now clock 9 percent fewer hours and earn $125 less each month than before the Pacific Northwest city set one of the highest minimu...


Co-op Bank says nears rescue deal with investor group

In June, it said it was in "advanced discussions" with a group of existing investors about recapitalisation. The Co-operative Bank says it is on the verge o...


SeaWorld subject of federal probes related to documentary

A SeaWorld spokesperson told TIME the filing "covers everything the company has to say regarding the government inquiries". The company said it has also r...


Buffett's company buys 10 pct of real estate investment firm

Store said that Berkshire's National Indemnity Co unit spent $377.1 million on 18.62 million shares at $20.25 each, giving it a 9.8 per cent stake. The comp...


Record Plc (REC) Insider Buys 537 Shares of Stock

On Thursday, November 10 the stock rating was downgraded by BWS Financial to "Hold". See JAKKS Pacific, Inc. Since January 1, 0001, it had 0 buys, and 3 insid...


Overwhelmed By Air Bag Troubles, Takata Files For Bankruptcy Protection

Embattled airbag maker Takata Corp on Monday filed for bankruptcy protection in Japan and said it would seek $1.588 billion (£1.2 billion) in financial ai...


Trump to welcome India's prime minister to White House

A host of issues now divides the two leaders, including the Paris climate change agreement, which Modi supports and Trump rejects, and the treatment of Iran a...


Former Nurse gets life in prison

Elizabeth Wettlaufer pleaded guilty last month to eight counts of first-degree murder , four counts of attempted murder and two counts of aggravated assault i...


60 tower blocks fail cladding safety tests after Grenfell Tower blaze

LONDON - The list of high-rise apartment towers in Britain that have failed fire safety tests grew to 60, officials said Sunday, revealing the mounting chall...


Puerto Rico Government Upholds Statehood in Vote Hit By Boycott

Governor Ricardo Rossello, right, and Congresswoman representing Puerto Rico Jennifer Gonzalez celebrate the results of a referendum on the status of the isla...


SpaceX launches 10 satellites from California air base

The webcast embedded below should begin about 20 minutes before the scheduled liftoff. Iridium plans to put in place 75 new satellites for its mobile voic...


India presents abundant opportunities for United States investors: PM Modi

The Indian leader earlier met the heads of 20 USA companies, including Apple's Tim Cook and Google's Sundar Pichai. "Preparing the ground for the mee...


Air bag recalls, lawsuits lead Takata to file for bankruptcy

The auto parts supplier has struggled due to its defective air bag inflators at the center of the auto industry's biggest ever product recall . "Because we k...


HMS Queen Elizabeth aircraft carrier set to leave home port

For the next six weeks, the aircraft carrier will head to the North Sea for sea trials, with flight trials due to begin off the eastern coast of the United Stat...


Whole Foods CEO literally 'dreamed' about Amazon merger

They'll be dealing with "integrating it and really attacking what is the biggest retail market in the US, which is grocery", Blackledge said. A Whole Foods M...


Oracle Corporation (ORCL) PT Raised to $62.00 at Benchmark Co

Comparatively, the peers have a net margin 3.16%, and the sector's average is 12.42%. Several analysts have weighed in on ORCL recently. Haverford Financial S...


Woman dragged off Southwest flight after 'potential threat'

She said the woman was pacing up and down the aisle of the plane. One of the passengers on the plane told KHOU 11 News, the woman was acting strangely before ...


Pandora CEO Tim Westergren plans to step down

According to Recode , which cites "people familiar" with the plans, Westergren won't go anywhere until a replacement has been found and is in place. Shares of...


Debenhams Plc (DEB) Given Average Rating of "Hold" by Analysts

About 18,631 shares traded. Southern Co (NYSE:SO) has risen 2.49% since June 22, 2016 and is uptrending. It has underperformed by 7.18% the S&P500. Five investm...


Takata files for bankruptcy, overwhelmed by air bag recalls

Japanese air bag maker Takata Corp.'s CEO Shigehisa Takada listens to a reporter's question during a press conference in Tokyo , Monday, June 26, 2017. Ta...


Oil Holds Losses Below $45 on Surprise US Gasoline Supply Gain

In a separate report , the U.S. Energy Information Administration said U.S. crude stockpiles fell by 1.7 million barrels last week, short of the 2.7 million ba...


Marijuana Legalization Doesn't Negatively Impact Traffic Fatality Rates

That also reduced the racial disparities in the stops, according to a new analysis of police data, but not by much. The Highway Loss Data Institute, a leadi...


Are Analysts Bearish IFG Group PLC (LON:IFP) After Last Week?

BMO Capital Markets downgraded JAKKS Pacific, Inc. The company has market cap of $456.81 million. It has a 9.11 P/E ratio. The Company's Marine Electronics segm...


[Newsmaker] Takata files for bankruptcy, overwhelmed by air bag recalls

Embattled airbag maker Takata Corp on Monday filed for bankruptcy protection in Japan and said it would seek $1.588 billion (£1.2 billion) in financial ai...


AB de Villiers leaves England tour to decide on worldwide future

Tom Curran struck in the second over to remove Reeza Hendricks for a duck, before legspinner Mason Crane claimed a first worldwide wicket as he removed AB...


Merkel's conservatives widen lead three months before German vote

Later on Sunday, party representatives unanimously approved a platform that includes proposals to impose higher taxes on the rich and to abolish any kind of kin...