Economy

Economy Final decision on allowances, HRA windfall likely today
Author: 0 Final decision on allowances, HRA windfall likely today

The revised pay will come in effect from July 1. Almost 50 lakh central government employees will benefit from the revised allowance structure under the Seventh Pay Commission. The pay commission had recommended a reduction in the existing rates to 24% for X, 16% for Y and 8% for Z category of cities. The CPC recommended revision of HRA when DA reaches 50 per cent and 100 per cent.

Economy NWS: Expect wet Fourth of July weekend
Author: 0 NWS: Expect wet Fourth of July weekend

For our weekend , Saturday and Sunday look like they will be mostly sunny to partly cloudy with highs in the mid/ upper 90s and have winds from the south/ southeast at 10-15 miles per hour. Saturday night - Partly cloudy, with a low about 65. The high will be 84. Friday will be mostly sunny to partly sunny. Sunday: Sunny, with a high near 95.

Economy Co-operative Bank agrees £700m rescue deal with existing investors
Author: 0 Co-operative Bank agrees £700m rescue deal with existing investors

A relationship agreement between the bank and the group - which includes marketing the bank services to Co-op members - will be terminated in 2020. "It is a great outcome for our customers". National officer Rob MacGregor said: "Unite is pleased that the future of the bank appears protected as it continues to stand alone rather than being broken up and sold off in pieces".

Economy The EU just fined Google a record 2.42 billion euros
Author: 0 The EU just fined Google a record 2.42 billion euros

Crucially for Google , Brussels has demanded that the USA tech giant change the business model for Google Shopping to meet the EU's concerns. "Other regulators and companies have been intimidated by Google's overwhelming might, but the Commission has taken a strong stand and we hope that this is the first step in remedying Google's shameless abuse of its dominance in search", the company said in a statement on Wednesday.

Author: 0 2 rail workers struck and killed by Amtrak train in Washington DC

Ryan Gaskin of NY was riding the train with his two children on their way to a beach vacation. Investigators said that it is routine for an onboard system to search for potential "abnormalities" on the freight trains about every 25 miles and send notifications to dispatch if any issues are discovered.

Author: 0 Petya cyber attack: Ransomware virus hits computer servers across globe

Zetter said this software used a vulnerability in a network that could spread to all of a company's computers within hours without a user doing anything. Notably, Microsoft has released a security patch but not all users have installed the same. The Department of Homeland Security is also monitoring the cyberattacks.

Economy 1 year after deadly floods, West Virginia wary of vast storm
Author: 0 1 year after deadly floods, West Virginia wary of vast storm

West Virginia, Kentucky, and Tennessee and could all get 2 to 4 inches of rain, with isolated amounts up to 6 inches, National Weather Service officials said . The West Virginia Division of Homeland Security and Emergency Management held briefings for emergency managers statewide Thursday, with another scheduled Friday morning, an official said.

Economy Supreme Court will review New Jersey's proposed sports gambling law
Author: 0 Supreme Court will review New Jersey's proposed sports gambling law

Williams: What's being debated here? The four major pro sports leagues and the NCAA sued the state after Christie signed a law in 2014 to allow sports betting . Cruz: So far, as has been the case since this whole thing started, both sides are pretty much for it. That's in addition to the court's previous announcement that it would hear a potentially landmark case on partisan gerrymandering .

Author: 0 Russia claims it has killed IS leader al-Baghdadi

The Russian military said earlier this month that on May 29, its planes struck ISIL convoys attempting to leave Raqqa from the south and heading toward Palmyra, killing 80 militants. As a result, Iraqi officials are skeptical of Russia's claims, Reuters reported, and the us -led military coalition in the region could not confirm Baghdadi's death.

Economy Honor 8 Pro Arrives in India: Specifications, Price, and More
Author: 0 Honor 8 Pro Arrives in India: Specifications, Price, and More

There's also EMUI 5.1 based on Android Nougat to for software. The device is available directly from Honor , exclusively with Three or Amazon in Sapphire Blue for £379.99. The phone supports the Bokeh effect as well as GIFs. The Honor 9 has the ability to capture Moving Pictures, providing a glimpse into what happened every time before and after a photo was taken.

Author: 0 Legal & General Group Plc (LGGNY) Analyst Recommendation

It has outperformed by 50.94% the S&P500. QinetiQ Group plc (LON:QQ) has been given a consensus recommendation of "Hold" by the six analysts that are covering the company, MarketBeat .com reports. 5,150 were reported by Hollencrest Limited Liability Com. Morgan Stanley owns 395,052 shares. Capstone Asset Mgmt holds 9,015 shares or 0.01% of its portfolio.

Economy US to seek more security on international flights
Author: 0 US to seek more security on international flights

According to airline sources, passengers' in-flight experience should not be affected by these changes. Airline officials told Reuters they are concerned about adding new enhanced security measures to all airports worldwide that have direct flights to the United States rather than focus them on airports where threats are highest.

Author: 0 Marathon Oil Corporation (MRO) Position Lowered by Kennedy Capital Management Inc

About 144,455 shares traded. RPX Corp (NASDAQ:RPXC) has risen 55.41% since June 27, 2016 and is uptrending. It has outperformed by 145.94% the S&P500. Alabama-based Zweig has invested 1.64% in Marathon Petroleum Corp (NYSE:MPC). State Treasurer State Of Michigan has invested 0.03% of its portfolio in American Water Works Company Inc (NYSE:AWK).

Economy Valeant Pharmaceuticals International, Inc. (VRX)
Author: 0 Valeant Pharmaceuticals International, Inc. (VRX)

Moreover, Guggenheim Capital Limited Liability Corp has 0.01% invested in Wageworks Inc (NYSE:WAGE). Beta is used in the capital asset pricing model (CAPM), which calculates the expected return of an asset based on its beta and expected market returns.

Economy Movers to Watch: NVIDIA Corporation (NASDAQ:NVDA), General Motors Company (NYSE:GM)
Author: 0 Movers to Watch: NVIDIA Corporation (NASDAQ:NVDA), General Motors Company (NYSE:GM)

It has outperformed by 20.71% the S&P500. Polaris Wealth Advisers Llc decreased its stake in Nvidia Corp ( NVDA ) by 30.98% based on its latest 2016Q4 regulatory filing with the SEC. 05/12/2017 - NVIDIA Corporation had its "hold" rating reiterated by analysts at Deutsche Bank. The firm has "Neutral" rating given on Monday, October 12 by TH Capital.

Economy Chinese premier says Beijing can control financial risks
Author: 0 Chinese premier says Beijing can control financial risks

In order to facilitate foreign investment, the government will relax market access to the services and manufacturing sectors, Li said. China wants foreign companies to continue generating profits in the country and reinvesting them, added Li.

Economy Britain, EU begin formal Brexit talks
Author: 0 Britain, EU begin formal Brexit talks

Davis gave Barnier a book about hiking. Representatives for the United Kingdom (U.K.) and the European Union (EU) kicked off Brexit negotiations in Brussels on June 19, nearly 12 weeks after Britain's prime minister triggered the mechanism that would let it depart from the EU.

Economy Mother of police victim gets nearly $3M settlement
Author: 0 Mother of police victim gets nearly $3M settlement

Paul, Minnesota (video below). The settlement was done in favor of a federal wrongful death suit that could have taken years to resolve. Not only did a jury find Yanez not guilty, now the city is paying Castile's family $ 3 million in a settlement throughLeague of Minnesota Cities Insurance Trust according to the Associated Press .

Economy Oil hits six-week low as Opec fails to curb oversupply
Author: 0 Oil hits six-week low as Opec fails to curb oversupply

With the gain, Nigeria reclaimed the title of largest African producer in OPEC from Angola, where output fell by 54,000 bpd, the biggest drop among the 13 members in May. A surprise build in U.S. gasoline inventories pressured oil prices on June 14, 2017. The oil research firm noted that the considerable drop in Brent futures prices, soon after the OPEC's meeting in May 25, this year, was mainly caused by an extension of the production cuts, and high level of speculation in the market .

Economy Southwest flight diverted after woman attempts to open door
Author: 0 Southwest flight diverted after woman attempts to open door

McCoy said the off-duty officer sat on the woman until the plane safely landed, and then the Federal Bureau of Investigation took her into custody. Due to differences in air pressure, experts say it's nearly impossible for a passenger to open the door of an aircraft during flight.

Economy New Poll Shows US Global Reputation Falling Under Trump
Author: 0 New Poll Shows US Global Reputation Falling Under Trump

It's a drop in favorability, especially in Europe , that is reminiscent of the George W. Bush era. We simply can not afford, they said, to have an American president that the rest of the world doesn't trust, respect, and admire. It has taken Trump six months. Poll respondents disapproved of all five Trump policies they were asked about, including the US-Mexico border wall and withdrawal from trade agreements.

Economy Cuomo calls lawmakers back to Albany for NYC schools issue
Author: 0 Cuomo calls lawmakers back to Albany for NYC schools issue

Collins announced Friday that the House amendment to require state Medicaid takeover by 2020 was included in the Senate version of the Obamacare repeal bill. "It also specifically targets NY, threatening to withhold federal tax credits for New Yorkers because of our support for women's reproductive rights".

Economy Sprint In Talks With Charter, Comcast On Wireless Deal
Author: 0 Sprint In Talks With Charter, Comcast On Wireless Deal

Wells Fargo Senior Analyst Jennifer Fritzsche noted Sprint has a history with the cable industry - the latter were original equity holders in Sprint PCS, she said. But there's also been on again, off again rumors that the cable industry would eventually acquire Sprint . The two previously discussed combining in 2014 but backed down in the face of regulatory opposition.

Economy On board the HMS Queen Elizabeth
Author: 0 On board the HMS Queen Elizabeth

Appearing unfamiliar with the risks that outdated operating systems present, Deller reassured reporters that "we have got people looking at stuff like this all the time ". Working alongside industry colleagues, they have been familiarising themselves with the new ship and the high-tech systems on board as well as undergoing training.

Economy Draghi: ECB will be cautious in adjusting stimulus effort
Author: 0 Draghi: ECB will be cautious in adjusting stimulus effort

Speaking to a conference in Portugal , Draghi said the central bank could adjust its policy tools of sub-zero interest rates and massive bond purchases as economic prospects improve in Europe . Shares of Google parent Alphabet fell 1.4% after the European Union's antitrust regulator fined Google EUR2.42 billion ($2.71 billion) for favoring its own comparison-shopping service in search results.

Economy Toshiba may miss deadline to seal deal on chip unit sale
Author: 0 Toshiba may miss deadline to seal deal on chip unit sale

The tensions come amid uncertainty over whether Toshiba can sign as planned a definitive agreement with its preferred bidder - a group led by the Japanese government and including US private equity firm Bain Capital - by Wednesday, the day of its annual shareholders meeting.

Economy Amazon Moves Forward with Whole Foods Purchase
Author: 0 Amazon Moves Forward with Whole Foods Purchase

Whole Foods , which accepted a $13.7 billion offer from Amazon .com Inc last week, has not received any rival bids as of Friday, a second source said. Whole Foods itself had launched an offshoot chain named after its "365" private label brand in a nod to the popularity of no-frills chains. Amazon , through a spokesman, declined to comment, as did Whole Foods.

Economy International Monetary Fund cuts U.S. growth forecasts, citing lack of Trump fiscal details
Author: 0 International Monetary Fund cuts U.S. growth forecasts, citing lack of Trump fiscal details

The Washington-based fund also cut its projection for U.S. growth next year to 2.1 per cent, from 2.5 per cent in April. The US are now in the third-longest period of economic growth since 1850, given the full employment situation, but this hardly makes things any better, as disposable incomes are low, as is purchasing power, whilst the burden of household indebtedness is stunning.

Author: 0 GOP senators threaten to oppose health bill

He can afford to lose just two GOP votes and still pass the legislation, because Democrats are in lockstep against it. Other Republican senators have expressed concerns. Those ages are just shy of when people begin qualifying for Medicare coverage. RYAN: What they're basically saying at the Congressional Budget Office is if you're not going to force people to buy Obamacare, if you're not going to force people to buy something that they don't want, then they won't buy it.

Economy CNN Catches Trump Lying During Today's Twitter Tirade About 'Fake News'
Author: 0 CNN Catches Trump Lying During Today's Twitter Tirade About 'Fake News'

On Friday, one of the people named in the story, Trump ally Anthony Scaramucci , disputed Frank's reporting and said, "I did nothing wrong ". Republican presidential candidate Donald Trump waves as he is introduced during the CNN presidential debate at The Venetian Las Vegas, in Las Vegas, on December 15, 2015.

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