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U.S. Index Futures Little Changed as Traders Await Yellen Speech
- August 31, 2016

The Fed has policy meetings scheduled in September, November and December. Yellen said the Fed already thinks it is close to meeting its goals of maximum employment and stable prices, and she described consumer spending as "solid" while noting business investment was weak and exports had been hurt by a strong U.S. (more...)

Aetna, UnitedHealth pulling out of Obamacare, leaving customers with fewer options
- August 31, 2016

States including Alabama, Alaska, Missouri, Arizona, Florida, North Carolina, Mississippi, Oklahoma and Tennessee are likely to go next year to having one insurer in all or most counties, Kaiser's analysis found. In Tennessee, Blue Cross Blue Shield is planning to raise costs by an average 62 percent, impacting 83 percent of people on Obamacare in the state. (more...)

Big tropical storms threatening Southeast US, Hawaii
- August 31, 2016

With the storm centered about 60 miles south of Cape Hatteras as of 5 p.m., a tropical storm warning was in effect for much of the Outer Banks. A tropical storm watch was posted for the Florida Gulf Coast west of Indian Pass to the Walton-Bay county line. (more...)

RIP: Chromebook Pixel 2 discontinued, no longer available from the Google Store
- August 31, 2016

You can pair it with a keyboard, so if you're hankering for something similar to the Chromebook Pixel 2, then this is your next best bet, while Google still hasn't announced anything new yet. It hasn't said anything about a new Chromebook Pixel at this point in time. So, does this mark the end of the Pixel line? Note that in the United Kingdom, you can still grab a Chromebook Pixel (Core i7) online from certain retailers at the moment, although it's a fair bet remaining stock might ... (more...)

Here's Why Apple Likely Won't Pay $14.5 Million in Back Taxes
- August 31, 2016

Brussels said that while the tax rulings were "perfectly legal" in themselves, they amounted to illegal state aid when offered by Irish government to Apple to encourage its investment. " Ireland does not do deals with taxpayers". Apple's tax benefits from Ireland effectively reduced the firm's corporate tax rate to between 0.005 percent and 1percent - a moved deemed by the Commission as unfair to other firms. (more...)

Google's Crowdsource App Takes Your Help for Transcriptions and Translations
- August 31, 2016

Those who speak one language can help with image transcription and handwriting recognition, although some of the text provided inside the application is quite hard to understand. This is weird given that Google already offers users rewards through its Google Opinion Awards program, but according to Google, they believe that users will help out anyway knowing that they will be making the internet a better place. (more...)

Whistleblower lands a $22 million payday from SEC
- August 31, 2016

Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions ordered exceed $1 million. The largest award, in 2014, was $30 million, the agency said. Mr Meissner declined to reveal the whistleblower's identity. At that time, the SEC said three Monsanto accounting and sales executives will pay individual penalties of $30,000 to $55,000. (more...)

Briton dies after brutal attack in Australia
- August 31, 2016

Jackson was wounded last week when he tried to stop an attack at a hostel in the town of Home Hill, south of Townsville. Ayad was charged with Ms Ayliffe-Chung's murder last week as well as the attempted murder of Mr Jackson and another man, plus 12 counts of assault against police officers and one count of animal cruelty for killing a dog. (more...)

French Government Wants EU to Stop Trade Talks with US
- August 31, 2016

The EU and U.S. began working on the Transatlantic Trade and Investment Partnership (TTIP ) in 2013, aiming to create the world's largest free trade area by the time President Barack Obama leaves office in January next year. The TTIP talks have been held in several rounds since 2013. "We will never accept questioning essential principles for our agriculture, our culture and for the reciprocity of access to public [procurement] markets", Hollande said. (more...)

US Stocks Close Higher as Investors Weigh Rate Hike Possibility
- August 31, 2016

While she did not give a timeframe in her speech at the annual Jackson Hole symposium of central bankers, Yellen provided a clear signal that a 2016 move was still on the table. A healthy jobs report will likely add more weight to the argument to increase interest rates. Financials .spsy was the best performer on the S&P 500, with Wells Fargo up 2.2 percent.The sector typically rises with talk of higher rates, on the expectation that banks' income could rise as they charge more for loans. (more...)

White Lives Matter to Be Declared a Hate Group by SPLC
- August 31, 2016

Some have argued Black Lives Matter is actually a hate group as well. That's when you escalate to "WHITE LIVES MATTER" and before you know it, you're sharing hyper-racist memes littered with spelling errors, meeting like-minded individuals who also think "blue" is a race, and forming a club that has been officially designated a hate group. (more...)

Caterpillar and Ritchie Bros. Form Strategic Alliance
- August 31, 2016

CEO. IronPlanet burst onto the heavy equipment auction scene in 1999 as a scrappy startup, determined to bring online-only platforms to the used equipment marketplace. The transaction is expected to be accretive to earnings withing the first year, excluding acquistion costs. After $0.37 actual earnings per share reported by Ritchie Bros . (more...)

Japan Pledges $30B To African Countries Over The Next Three Years
- August 31, 2016

Kenyatta, whose country hosted the Sixth Tokyo International Conference on African Trade ( TICAD VI), spoke on Saturday at the Kenyatta International Conference Centre when he officially opened the two-day TICAD conference for over 20 African heads of state and government. (more...)

Tesla Looking To Save Themselves From More Autopilot Problem
- August 31, 2016

Going by the rumors, Autopilot users will be given the ability to autonomously travel through freeway interchanges simply by utilizing the turn signal, which should please quite a few people. The restrictions will only apply to the Autosteer feature, which helps the driver keep the auto in its lane. Thus it will make sure that the steering will be in control of drivers all the time and they won't be able to ignore the commands to retake the wheel in their hands. (more...)

Be careful: The US dollar keeps rising despite moderating Fed expectations
- August 31, 2016

France's CAC 40 added 0.7 percent to 4,455 and Germany's DAX rose 0.9 percent to 10,640. But both Fed Chair Janet Yellen and Vice Chair Stanley Fischer have suggested in recent days that the case for a rate increase is strengthening. Early Wall Street trading was set to be dominated by Apple after European Union antitrust regulators ordered it to pay up to 13 billion euros ($14.5 billion) in taxes plus interest to the Irish government after ruling a special scheme to route profits through ... (more...)

Oasis Petroleum Inc. (NYSE:OAS) Given Consensus Recommendation of "Hold" by Brokerages
- August 31, 2016

Indeed, earnings growth is among the most important things to look in regards to stock investing and, accordingly, investors seek companies who have been successful at growing their earnings by at least 25 percent over a 3 year period. According to a research note published on Aug 1, 2016, analysts at Susquehanna have upped their rating on the company stock from Neutral to Positive. (more...)

Apple Slapped With Fine Up To $14.5 Billion By the European Union
- August 31, 2016

Ireland's tax collection agency, the Revenue Commissioners, stands by Apple stating that the company has not evaded any taxes calculated in Ireland that they have been found to owe. Ireland's low corporate tax rate has been a cornerstone of economic policy for 20 years, drawing investors from multinational companies whose staff account for nearly one in 10 workers in Ireland. (more...)

New FAA rules for commercial drones go into effect
- August 31, 2016

Huerta said at a news conference that the rules governing the operation of small commercial drones are created to protect safety without stifling innovation. Earlier, the company had received n experimental airworthiness certificate to research operations within extended visual line of sight. Mark Parrott, a West Palm Beach resident and drone user, watched that press conference. (more...)

Court: Gays can seek parental rights for nonbiological kids
- August 31, 2016

The court granted her request but also allowed a visitation petition by the child's non-biological mother, ruling it would be inconsistent to consider the latter a parent only for purposes of paying support. In one, a lesbian upstate couple began dating in 2006 and became engaged a year later - even though they couldn't get married in NY at the time. The lower courts ruled in favor of the biological mother - decisions that were overruled by the Court of Appeals on Tuesday. (more...)

Father Admits He Attempted to Kill His 2-Year-Old Son
- August 31, 2016

According to police, Weitzel said he tried to kill his son because he didn't want to be a father any more. He allegedly told investigators, "I was trying to kill my son". A neighbor who called 911 said it looked like Weitzel was "hitting the child.it looked like an elbow". A sheriff who arrived shortly afterward held Isaiah's head to make sure his neck was still. (more...)