Huge nuclear cost overruns push Toshiba's Westinghouse into bankruptcy

Instead, Westinghouse has saddled the Japanese company with mounting losses. Toshiba's nuclear development subsidiary Westinghouse Electric filed for Chapter 11 bankruptcy court protection this morning, the New York Times reports . More..

by | Published more than a month ago
by | Saturday, April 01, 2017

Trump talks up orders on trade, but neglects to sign them

The announcement says the USA must address the challenges to economic growth and employment that may arise from large and chronic trade deficits and the "unfair and discriminatory" trade practices of some of th...More..

Mercedes: We lost with humility - now we'll fight back immediately
by | Saturday, April 01, 2017

Mercedes: We lost with humility - now we'll fight back immediately

Ferrari's impressive performance and strategy in Melbourne reflected an encouraging pre-season in which the team appeared to be in a better position than recent years to take the fight to Mercedes. Hamilton k...More..

One country, one tax has become reality: Centre on GST
by | Saturday, April 01, 2017

One country, one tax has become reality: Centre on GST

These set of rules will be finalized after receiving industry feedback. The laws relating to, registration, payments, refund, invoices and returns have already been approved. Demerit goods like tobacco products...More..

by | Saturday, April 01, 2017

Freeport-McMoRan Inc (NYSE:FCX), Abercrombie & Fitch Co. (NYSE:ANF)

On Wednesday FBR Capital maintained its target price on Freeport-McMoran Copper & Gold (NYSE:FCX) shares issuing the company with a "Market Perform" rating. These analysts have also projected a Low Estimate of ...More..

by | Saturday, April 01, 2017

Trump executive orders tackle trade abuses ahead of meeting with Chinese president

Much of that deficit data is already publicly available and well known, but Trump's initiative doubles down on his tough trade rhetoric and is being seen as a protectionist warning shot a week before the United...More..

by | Saturday, April 01, 2017

SpaceX launches SES-10 satellite, lands in first reuse of orbital rocket

With Thursday's feat, it has landed nine boosters - three at Cape Canaveral and six on ocean platforms. Currently, millions of dollars' worth of rocket parts are jettisoned after each launch. While this ref...More..

Exelixis, Inc. (NASDAQ:EXEL) Broker Price Targets For The Coming Week
by | Saturday, April 01, 2017

Exelixis, Inc. (NASDAQ:EXEL) Broker Price Targets For The Coming Week

The stock was sold at an average price of $21.02, for a total value of $144,701.68. The transaction was disclosed in a filing with the SEC, which is accessible through this link . (EXEL) is 0.12 while the anal...More..

South Africa's ANC divided, Zuma weakened by cabinet reshuffle
by | Saturday, April 01, 2017

South Africa's ANC divided, Zuma weakened by cabinet reshuffle

While they may not agree with President Jacob Zuma's choices, the African National Congress must still rally behind new and old Cabinet ministers, party deputy secretary general Jessie Duarte said on Friday. ...More..

by | Saturday, April 01, 2017

Who gets to ask questions at the White House briefing?

Devin Nunes, R-Calif.as the panel continues to investigate Russian interference in the 2016 us presidential election and the web of contacts between President Donald Trump's campaign and Russia. What Trump real...More..

by | Saturday, April 01, 2017

No trade talk with Britain until Brexit is over, European leaders say

A letter from Prime Minister Theresa May was sent to EU leaders, formally asking the union to implement the start of exit talks and ending a relationship that had lasted for 44 years. that security cooperatio...More..

by | Saturday, April 01, 2017

'A Gupta coup': The 5 best reactions to Zuma's stunning Cabinet reshuffle

President Jacob Zuma "I have decided to make changes to the National Executive in order to improve efficiency and effectiveness", Zuma said in a statement. Whether the ANC has the institutional power to force Z...More..

Some EpiPens recalled, FDA says
by | Saturday, April 01, 2017

Some EpiPens recalled, FDA says

Meridian Medical Technologies manufactured the devices, which were distributed by Mylan Specialty, the FDA said. The company said it will replace pens from the recalled lots at no cost, and that people should k...More..

List of public workers making over $100K grows
by | Saturday, April 01, 2017

List of public workers making over $100K grows

Evans is one of the 1,546 members of Peel Police Services that appears on the Sunshine List. In a letter to the government, OPG says its board "took great care" in arriving at the $3.8-million cap, but has vo...More..

Westinghouse files for bankruptcy, leaves U.S. utility in the lurch
by | Saturday, April 01, 2017

Westinghouse files for bankruptcy, leaves U.S. utility in the lurch

Toshiba , the goal is mitigating growing liabilities that stem from guarantees that it provided. USA nuclear developer Westinghouse is the lead contractor building two nuclear reactors each in Georgia and S...More..

by | Saturday, April 01, 2017

Toshiba approves Chapter 11 filing for nuclear unit Westinghouse: Nikkei

In a widely expected move, Westinghouse Electric Co., the USA nuclear unit of Japan's Toshiba Corp., on Wednesday filed for Chapter 11 bankruptcy protection in NY, in a bid to restructure after huge losses ...More..

by | Saturday, April 01, 2017

Former NY mayor says USA will keep climate commitments despite Trump

Trump's plan to ease emissions limits for coal-fired power plants and scrap more stringent vehicle pollution standards nearly guarantees that the United States will fail to meet its commitments under the UN pac...More..

Russian Federation opposition leader, Navalny jailed
by | Saturday, April 01, 2017

Russian Federation opposition leader, Navalny jailed

The protests were in response to anti-corruption activist Alexei Navalny and his allegations that Dmitry Medvedev, current prime minister and former president, had amassed a huge fortune that far outstripped hi...More..

by | Saturday, April 01, 2017

US President Trump signs order to roll back Obama's climate policies

The ultimate objective of all agreements under the UNFCCC is to stabilize greenhouse gas concentrations in the atmosphere at a level that will prevent unsafe human interference with the climate system, in a t...More..

by | Saturday, April 01, 2017

Boeing 787-10 Dreamliner takes first flight

It is 18 feet longer than the 787-9 and has 40 more seats. The pilots conducted several tests of the plane Friday to evaluate its handling, on-board systems and flight controls. The aircraft will be delivered...More..

by | Saturday, April 01, 2017

Decision on extension of global oil output cut deal postponed to May

Crude oil prices lost traction early Monday after parties to an OPEC-led production deal delayed action on a possible extension until next month. Brent crude futures LCOc1 settled $1.09, or 2.1 percent, highe...More..

Sears, Kmart stores on borrowed time
by | Saturday, April 01, 2017

Sears, Kmart stores on borrowed time

Though it doesn't command the same media spend that it once did, Sears is still the sixth-largest retail advertiser in the USA, according to Ad Age's Datacenter. He soon published a 15-page manifesto, in which ...More..

SpaceX Reusable Rocket Completes Second Space Flight and Landing
by | Saturday, April 01, 2017

SpaceX Reusable Rocket Completes Second Space Flight and Landing

In a story March 30 about a SpaceX launch, The Associated Press reported erroneously the height of the recycled booster rocket. The excitement grew as the minutes ticked away, inching us closer to launch ...More..

by | Saturday, April 01, 2017

IEA Says Oil Prices Will Not Jump Sharply, Despite OPEC Supply Cuts

Still, resurgent USA oil production and record domestic crude inventories have kept pressuring oil prices. Brent crude futures LCOc1 , the worldwide benchmark for oil, were at $52.70 per barrel at 0513 GMT, d...More..

by | Saturday, April 01, 2017

Tri-Cities residents urged to go dark for Earth Hour

On Behalf of our Team we are Participating in the Earth Hour 2017 seeking the welfare of our next generation. As part of its support for the Earth Hour campaign, Eskom measured the reduction in electricity ...More..

by | Saturday, April 01, 2017

Global alarm as Venezuela accused of 'coup'

The opposition won control of the National Assembly in elections in 2015, but the supreme court has annulled almost every decision it has taken. Although the article stipulates that all joint ventures requi...More..

by | Saturday, April 01, 2017

TRIBUTE: Peterborough United to honour fallen hero PC Keith Palmer

Neil Basu, deputy assistant Metropolitan police commissioner said Sunday that they won't know why he committed the terrorist attacks. "The male was then shot and killed by police officers". The people crowded...More..

by | Saturday, April 01, 2017

Heitkamp to vote for Gorsuch confirmation

Senate Minority Leader Chuck Schumer of NY warned Republicans against changing Senate rules, which could prove momentous for the chamber and would allow all future Supreme Court nominees to get on the court r...More..

by | Saturday, April 01, 2017

Headstrong politics obstacle to bipartisan health care compromise

Still it was the Republicans who wouldn't budge in their opposition to the GOP bill that went down who appeared most enthusiastic for another attempt. The latest example of this rests on the shoulders of the A...More..

by | Saturday, April 01, 2017

Trump escalates war on House Freedom Caucus over health care

On Thursday, Trump ripped the conservative Freedom Caucus on Twitter for successfully derailing his highly unpopular healthcare bill, prompting conservatives to strike back with tweets of their own. Will prim...More..

McDonald's Canada says its website's jobs section was hacked
by | Saturday, April 01, 2017

McDonald's Canada says its website's jobs section was hacked

A spokeswoman for the federal privacy watchdog said the office is aware of the website breach. She also noted that in its statement McDonald's said nothing about offering some sort of identity insurance to vi...More..

by | Saturday, April 01, 2017

Vodafone announces merger of Indian operation with Idea Cellular

More details about the merger would be out later today. The Indian telecoms analyst Baburajan Kizhakedath said the two companies would make savings by merging but would come under pressure to reduce tariffs. ...More..

Federal judge approves Trump University settlement
by | Saturday, April 01, 2017

Federal judge approves Trump University settlement

The ruling ends six years of litigation that got nasty from the start - including an early countersuit by Donald Trump that failed - and became political fodder in his race for the White House. He said the plai...More..

by | Saturday, April 01, 2017

Uber president Jeff Jones quits

Jeff Jones was courted away from Target last September to serve as president of Uber's ride-sharing business. Earlier this year, a video surfaced of CEO Travis Kalanick berating an Uber driver who had been...More..

SCANA plans filing in wake of Westinghouse bankruptcy
by | Saturday, April 01, 2017

SCANA plans filing in wake of Westinghouse bankruptcy

The industry had hoped the designs would usher in a nuclear renaissance to replace the aging USA fleet. "You have no clue what's going on", the investor added, speaking at a shareholder meeting that approved ...More..