Markets


Union leaders in steel industry talks ahead of Tata board meeting
- March 30, 2016

The 750 redundancies - reduced to 726 - were announced at the Port Talbot works in January as Tata cut 1,000 jobs across the UK. Cheap Chinese imports and high energy costs have also been blamed for the plant's demise. The delegation included Roy Rickhuss, general secretary, along with Stephen Kinnock, MP for Aberavon, and Frits van Wieringen, chairman of the Tata Steel European Works Council. (more...)
Yahoo Presses Preliminary Bidders with April 11 Deadline Yahoo Presses Preliminary Bidders with April 11 Deadline
- March 30, 2016

First New York Securities LLC NY now owns 45,400 shares of the digital content provider's stock worth $1,510,000 after buying an additional 19,750 shares during the last quarter. Yahoo! (NASDAQ: YHOO ) last announced its quarterly earnings results on Tuesday, February 2nd. As it stands Yahoo has a market capitalization of approximately $33 billion. (more...)
Wisconsin's Walker backs Cruz as Trump heads to state
- March 29, 2016

The endorsement came as little surprise, as Walker had told Sykes that his endorsement would come "after Easter, when it would have the maximum impact". "This is the survival of the one and only Jewish state". "I encourage other Republican presidential candidates to consider doing the same, so that the voters can focus on a limited number of candidates who can offer a positive, conservative alternative to the current front-runner", Walker said in September, referring to Trump . (more...)
Tesla Fans Gear Up For Model 3 Reveal Tesla Fans Gear Up For Model 3 Reveal
- March 29, 2016

Gulf International Bank UK Ltd's holdings in Tesla Motors were worth $6,927,000 as of its most recent filing with the SEC. In addition to developing its own vehicles, it develops, sells, and services full electric powertrain systems and components to other automobile manufacturers. (more...)
Pakistan, Iran can boost trading volume to $5 billion: PM Nawaz
- March 29, 2016

In what could be viewed as a snub to the Pakistan Army, Iran's President, Hassan Rouhani, has denied discussing the role of Indian intelligence agency in Pakistan's internal matters with General Raheel Sharif. Rouhani would also speak to a gathering of Pakistan's prominent scholars and intellectuals on Saturday. It was now up to Pakistan to initiate work on its side, he added. (more...)
PlayStation VR Priced in at $399, to Release in October 2016
- March 29, 2016

The PS VR device is all set to change the way we know the world of gaming to be. "For over two decades, we've strived to take gamers somewhere greater", Andrew House, CEO of Sony Computer Entertainment, said in the announcement trailer. Parts of the website may not work as expected without them. Sony has priced its VR headset at $399, and it will go on sale in October 2016. Many customers would have wanted Sony to bundle the PS VR with the PS4 Camera, which has a suggested retail price of ... (more...)
Pakistan, Iran vow to boost economic ties
- March 29, 2016

Raheel Sharif. Nawaz Sharif said economic revolution in Pakistan will bring prosperity in the region. Another MoUs was signed on Five Year Strategic Trade Cooperation Plan, which is aimed at extending the volume of annual trade between the two countries to five billion dollars. (more...)
Microsoft Puts Tay Chatbot in Time Out After Racist Tweets
- March 28, 2016

Microsoft recently unveiled Tay with the goal of engaging and entertaining people online "through causal and playful conversation" according to Microsoft's website for the bot . On Kik, she says she'll "ttyl" or "talk to you later". However, pretty soon after Tay launched, people starting tweeting the bot with all sorts of misogynistic, racist, and Donald Trumpist remarks. (more...)
Microsoft deletes racist and antisemitic tweets from new Twitter bot 'Tay'
- March 28, 2016

The experimental AI, which learns from conversations, was created to interact with 18-24-year-olds. Microsoft's AI bot, Tay, became the subject of controversy after she began responding with racist remarks on Twitter. It all started innocently enough on Tuesday, when Microsoft introduced an AI twitter account simulating a teenage millennial girl. At this point, it's not yet clear when Tay could go back online, but for the moment, it's very clear that Redmond needs to concentrate more on ... (more...)
Sanders wins Hawaii caucus; Clinton has big lead
- March 28, 2016

He took Washington by 72% (101 delegates), Alaska by 79% and Hawaii by 71%. We are very happy with the way things are going. "Clinton's lead... We have a path toward victory", the Vermont Senator told his supporters. Adding in the support of super-delegates, which the party created in the early 1980s to give leaders more control over the nominating process, Clinton had 1,712 delegates to 1,004 for Sanders, according to a tally by RealClearPolitics.com. (more...)
Garry Shandling's "The Larry Sanders Show" to return to HBO
- March 28, 2016

Arrested Development star Jeffrey Tambor added: "Garry was/will always be my teacher". Masada said that every time Shandling took the stage, the crowd couldn't get enough. The show will appear on the premium cable channel and its streaming services, HBO Go and and HBO Now, "another person familiar with the deal" told TheWrap. (more...)
Six suspects arrested after raids in Brussels
- March 27, 2016

De Standaard newspaper said the man, whom it did not name, was arrested after a policeman recognised him from the security footage. The Belgian federal prosecutor also confirmed the issuance of an arrest warrant in Europe and internationally for Khalid El-Bakraoui dating from December 11, 2015. (more...)
Belgian Police Arrest New Suspect in Connection with Brussels Attacks Belgian Police Arrest New Suspect in Connection with Brussels Attacks
- March 27, 2016

Police detained six people Thursday night, and three Friday, according to a Brussels prosecutor. News channel BFM TV also cited from the minutes of the questioning of Abdeslam, which took place at the federal police headquarters in Brussels . (more...)
Bernie Sanders defeats Hillary Clinton in Alaska, Washington caucuses
- March 27, 2016

There were 101 national delegates at stake in the Washington state caucuses. With 29 percent of precincts reporting, Bernie Sanders lead in delegates selected at the Washington caucuses inched up to 77 percent. "We have a path toward victory". Despite his victories on Saturday, Sanders, who has drawn strong support from young voters with his populist message, still faces an uphill battle to overcome Clinton's lead, especially as Democrats allocate delegates proportionally by state. (more...)
Valeant Pharma Initiates Search For New CEO; Plans Restatement
- March 26, 2016

The stock market is up slightly on Monday, with major U.S stock indexes posting gains of between 0.1% and 0.2%. "With the exception of a few pockets of growth like Xifaxan, consumer and contact lens, we continue to view Valeant's collection of assets as weak and eroding, and do not expect a new management team to return the business to growth", Mizuho analyst Irina Koffler wrote in a note. (more...)
Defense secretary says US has killed senior IS leader
- March 26, 2016

He was previously a member of Al Qaeda in Iraq, the predecessor to ISIS . The U.S. State Department had offered a $7 million reward for information on al-Qaduli - the highest for any ISIS leader apart from al-Baghdadi, who is valued at $10 million. (more...)
Merger on table for TiVo and Rovi Merger on table for TiVo and Rovi
- March 26, 2016

However, they added, "we would not be surprised if other suitors emerged". Rovi's stock declined in early trading, before inching up about 1%. TiVo (TIVO - Get Report) stock continues to surge, up by 21.67% to $9.32 on heavy trading volume on Thursday, after a report suggested the company could be acquired by Rovi Corp . (more...)
Mich. Responsible For Flint Water Crisis, Task Force Says
- March 25, 2016

Environmental injustice doesn't necessarily involve "malevolent intent" or blatant violations of civil rights, the report said. Task force member Dr. Meanwhile, Genesee County has sent a bill to the state for more than $1 million to reimburse the local government for its costs to deal with the water crisis. (more...)
Michigan Creates Plan to Tackle Flint Water Crisis
- March 25, 2016

The Flint Water Advisory Task Force full report is available here. State government is primarily responsible for the Flint water crisis , and state officials - including the governor - should stop implying that federal and Flint city officials are equally to blame. (more...)
Chief executive of embattled Valeant Pharmaceuticals stepping down
- March 25, 2016

Once one of Canada's most valuable companies, Valeant has been embroiled in controversy for months. February 4, 2016: Schiller testifies in front of a US congressional hearing regarding the company's pricing practices. Valeant also announced that Bill Ackman, CEO of Pershing Square Capital Management LP , will join its board of directors, effective immediately. (more...)

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