Business

Business Schumer calls on Toys 'R' Us to refund gift cards with cash
Author: 0 Schumer calls on Toys 'R' Us to refund gift cards with cash

If you can't remember how much your Toys R Us gift card is worth, you can easily find out at the company's website . The newspaper suggested using the cards as quickly as possible however, since little will be left to purchase after a few weeks of liquidation sales.

Business Canada auto part giant Magna invests in Lyft
Author: 0 Canada auto part giant Magna invests in Lyft

The companies have signed a multiyear collaboration deal to jointly develop, finance and manufacture self-driving systems. But Magna said the partnership with Lyft would be essential to helping it push further into autonomous vehicles, combining its automotive and manufacturing experience with Lyft's ride network to better understand the many situations that a self-driving auto will encounter.

Business British bank HSBC to disclose 59 pct gender pay gap
Author: 0 British bank HSBC to disclose 59 pct gender pay gap

HSBC said that it had increased the proportion of senior posts held by women to almost 27% a year ago from 22% in 2012, but added: "We recognise that that there is more work to do to address our gender balance at senior levels". "The difference between male and female median earnings also increases with years after graduation - male earnings were 9% larger than female earnings one year after graduation, 11% larger at three years after graduation, 13% larger five years after graduation and ...

Business BSP alliance may be a game changer in 2019
Author: 0 BSP alliance may be a game changer in 2019

The Gorakhpur seat was vacated by Yogi Adityanath - which he held for five consecutive terms since 1998 - after he was elevated as the Uttar Pradesh Chief Minister. These two victories are a morale booster for SP and BSP. This government brought problems and led to fear among people. The opposition camp was quick to break into celebration, with West Bengal chief minister Mamata Banerjee congratulating Mayawati and Akhilesh Yadav for the win.

Business IHeartMedia Officially Files For Bankruptcy After Racking Up $20 Billion In Debt
Author: 0 IHeartMedia Officially Files For Bankruptcy After Racking Up $20 Billion In Debt

Should iHeart successfully emerge from bankruptcy , however unlikely, analysts believe that iHeart may use "its substantial cash flow to reinvest in the business". There are 10 iHeart stations in Boston - Kiss 108, Jam'n 94.5, Evolution 101.7, Rumba 1430, Talk 1200, 101.7 The Bull, 100.7 WZLX, New 97.7, WBZ 1030 and WRKO 68 - three on Cape Cod - WXTK, 106 WCOD and Cool 102 - and two in Worcester - 96.1 SRS and WTAG News Radio 580/94.9.

Business Spotify plans to go public on April 3
Author: 0 Spotify plans to go public on April 3

Spotify, Apple Music , Pandora and the others will have to look for ways to offer something new and different as more competitors rise to the scene. "That shouldn't stop just because our stock is more widely owned". Head of artist relations Troy Carter spoke about the company's Spotify for Artists, which helps them pinpoint their audience and its habits and which he said more than 100,000 artists per months are using.

Business Wholesale inflation eases to 7-month low of 2.48 pc in February
Author: 0 Wholesale inflation eases to 7-month low of 2.48 pc in February

Annual growth in food article prices eased notably to 0.88 percent from 3.0 percent in January. Among the three major components of the WPI index, the inflation for primary articles dipped sharply, while fuel & power group inflation also eased contributing to the decline in overall inflation in February 2018.

Business Oil Prices Give Up Gains As Crude Supply, Production Rise
Author: 0 Oil Prices Give Up Gains As Crude Supply, Production Rise

This suggests the efforts by OPEC and Russian Federation to clear the global oil glut by cutting supplies are not working as well as they expected. Distillate stockpiles, which include diesel and heating oil, lost 4.4 million barrels, versus expectations for a 1.5 million-barrel draw, according to the EIA report.

Business Trump blocks Broadcom hostile bid to Qualcomm
Author: 0 Trump blocks Broadcom hostile bid to Qualcomm

Broadcom has been going after Qualcomm for months now, which led into USA national security concerns and even President Trump standing in and blocking the takeover last week. The order further requires both Broadcom and Qualcomm to certify with the CFIUS that the takeover effort has been terminated, and to provide details with "a timeline for projected completion of remaining actions".

Business Senior Equifax executive charged with insider trading
Author: 0 Senior Equifax executive charged with insider trading

Equifax Chief Financial Officer John Gamble and three other executives sold shares worth a combined $1.8 million days after Equifax discovered suspicious activity on its network - and almost a month before Ying sold his shares - but Equifax said an independent committee determined that these other executives did not know of the breach when their trades were made.

Business Trump signals Kudlow is front-runner for top economic job
Author: 0 Trump signals Kudlow is front-runner for top economic job

Trump's announcement two weeks ago that he would pursue tariffs on aluminum and steel was apparently the final straw for Cohn. On March 3, Kudlow joined Steve Moore and Arthur Laffer in a column for CNBC.com that was sharply critical of Trump's proposal to impose the new tariffs.

Business Trump's steel tariff may cost millions of jobs
Author: 0 Trump's steel tariff may cost millions of jobs

The issue is a core part of the probe being conducted under Section 301 of the Trade Act of 1974 . President Donald Trump urged the quick completion of the NAFTA negotiations in a phone call with Prime Minister Justin Trudeau on Monday, amid indications the USA wants a deal wrapped up this spring.

Business Russian Military Says Will Respond if US Strikes Syria
Author: 0 Russian Military Says Will Respond if US Strikes Syria

Earlier in the day, the Turkish leader expressed hope that Turkish servicemen and militants from the so-called Free Syrian Army (FSA) would take control over Afrin as early as Wednesday evening. "From helping children attend school to giving vulnerable families access to essential services, the EU's humanitarian aid for refugees in Turkey has delivered tangible results", said Humanitarian Aid Commissioner Christos Stylianides of the first package of 3 billion euros granted in 2016, ...

Business Prudential to spin off United Kingdom and European business in radical break-up
Author: 0 Prudential to spin off United Kingdom and European business in radical break-up

Rating actions include a downgrade of The Prudential Assurance Company Ltd's (PAC) and Prudential's USA subsidiaries" (collectively Jackson) Insurer Financial Strength (IFS) Ratings to "AA-' from "AA". The transition to a Part VII transfer will see all of the underlying assets and policy liabilities transferred to Rothesay Life, subject to regulatory and court approval.

Business Oil rescued from price lows by Libyan supply disruption
Author: 0 Oil rescued from price lows by Libyan supply disruption

Moodys Investors Service today raised its medium-term price band for crude oil to United States dollars 45-65 per barrel from USD 40-60 as continued OPEC-led production restraint and strong global demand growth have contributed to declining global inventories, offsetting rapid increases in USA shale production.

Business 3000 made redundant as Toys 'R' Us shutters United Kingdom stores
Author: 0 3000 made redundant as Toys 'R' Us shutters United Kingdom stores

Though it is somewhat unusual for a retailer to file for bankruptcy in the heart of the winter holiday shopping season, the accessories chain Charming Charlie did just that in early December 2017. Its bankruptcy filing a year ago cited $7.9 billion in debt against $6.6 billion in assets. The company broke the news to staff yesterday, before letting go of all 67 employees at its head office in Maidenhead.

Business Jerick McKinnon to Sign With the San Francisco 49ers
Author: 0 Jerick McKinnon to Sign With the San Francisco 49ers

We'll have to see what Kyle Shanahan can do with him. But we'll get to that. The 25-year-old McKinnon recorded 1,918 yards rushing with seven touchdowns while adding 142 receptions for 984 yards and five scores in 58 games with the Vikings.

Business Twitch Prime subscribers will get free monthly games, starting this week
Author: 0 Twitch Prime subscribers will get free monthly games, starting this week

Shifty will be a bonus. Shifty, and Tales from Candlekeep: Tomb of Annihilation . Five other titles will be offered to fans next month, including Tales from the Borderlands , SteamWorld Dig 2 , Kingsway , Tokyo 42 , and Dubwars . And of course if you want to see any of those games in action, guess what, there will be folks at Twitch showcasing the gameplay. If you're wondering what Twitch Prime is, it's basically just connecting your Amazon Prime account to your Twitch account.

Business Walmart is bringing online grocery delivery to 100 cities
Author: 0 Walmart is bringing online grocery delivery to 100 cities

The company said it would bring that service to every Whole Foods by the end of the year. "For packing the items together in stores, Walmart will use its collection of more than 18,000 'personal shoppers '". With all those new cities, the service will eventually reach 40 percent of USA households, the company said. This could put it at a disadvantage, but there isn't compelling evidence yet that speed offers a competitive advantage in grocery delivery.

Business Google will soon ban all ads promoting cryptocurrencies
Author: 0 Google will soon ban all ads promoting cryptocurrencies

While Google did not provide a backdrop to the reasons it banned cryptocurrency ads , they are likely to be the same to the ones cited by Facebook -misleading ads being abused to drive traffic to financial scams and phishing sites. In a blog post on Tuesday, Google announced that it would follow in Facebook's footsteps and ban cryptocurrency ads from its network, beginning in June.

Business NO chefs, restaurants advance in James Beard awards competition
Author: 0 NO chefs, restaurants advance in James Beard awards competition

Rhode Island's other semifinalists this year were Al Forno's Johanne Killeen for Best Chef in a national category and Champe Speidel of Persimmon. New Orleans chefs and restaurants have advanced in the competition for a James Beard Award, as the organization announced its 2018 finalists on Wednesday .

Business More Choksi frauds detected, PNB scam pegged at Rs 13900cr
Author: 0 More Choksi frauds detected, PNB scam pegged at Rs 13900cr

LoUs were allegedly used by diamantaires Nirav Modi and his uncle Mehul Choksi to defraud the state-owned bank in connivance with its officials. The Punjab National Bank has told police that it has uncovered additional exposure of about 9.42 billion rupees ($145.2 million) in connection with a massive alleged fraud, according to a court filing seen by Reuters .

Business Tata Sons sells TCS shares worth Rs9,000 crore to pare debt
Author: 0 Tata Sons sells TCS shares worth Rs9,000 crore to pare debt

Tata Sons on Tuesday sold shares valued at almost Rs 9,000 crore in TCS through open market transactions. Data available from the NSE showed that the holding firm of the Tata group sold 2.06 crore shares of the country's largest IT services firm at a price of Rs 2,876.46 per share.

Business Charges reduced on the non-maintenance of minimum balance by SBI
Author: 0 Charges reduced on the non-maintenance of minimum balance by SBI

This revision in the prices is likely to benefit a total of 25 Crore bank customers. As The Wire has reported , during April-November 2017, SBI collected Rs 1,771 crore in penal charges from its customers, which was more than its net profit of Rs 1,581.55 crore for the same period.

Business Blow to Arvind Kejriwal as adviser VK Jain steps down
Author: 0 Blow to Arvind Kejriwal as adviser VK Jain steps down

Ajay Maken will, however, attend all party-meeting to be held at the chief minister's residence on Tuesday. The meeting was called to discuss the ongoing sealing drive against traders in the national capital. He also said that both parties should work together to find a solution to the issue. In his letter to Maken specifically , Kejriwal wrote that since the Congress leader has been a minister for Urban Development, he is sure of getting good and practical suggestions on the issue from ...

Business Analyst Recommendations for: Dick's Sporting Goods Inc. (DKS)
Author: 0 Analyst Recommendations for: Dick's Sporting Goods Inc. (DKS)

Moreover, Bnp Paribas Arbitrage Sa has 0.01% invested in Dick's Sporting Goods , Inc. Dicks Sporting Goods had a net margin of 3.54% and a return on equity of 17.95%. Jefferies maintained Perrigo Company plc (NYSE:PRGO) on Friday, August 11 with "Hold" rating. The company was upgraded on Wednesday, August 12 by Zacks.