Finance

Papa John's shares fall as board adopts 'poison pill'

Papa John's shares fall as board adopts 'poison pill' Schnatter stepped down as chairman of the board earlier this month amid accusations that he used a racist epithet and graphic descriptions of the mistreatment of African Americans during a meeting with a media agency. In their case, the company said, the stockholder rights plan is set in motion when they acquire "31 percent or more of our outstanding shares of common stock". [Full Article...]

New York Daily News cuts half its newsroom staff

New York Daily News cuts half its newsroom staff It's just the latest round of cuts at the financially struggling Daily News , which Tronc bought last summer for $1, promptly terminating some roles at the paper and moving some functions to the publisher's Chicago headquarters. The Daily News , founded in 1919 by Tribune Company, won its 11th Pulitzer Prize past year and has gained attention for its provocative covers critical of Donald Trum... [Full Article...]

Tesla asked suppliers for money back to boost profitability

Tesla asked suppliers for money back to boost profitability The remainder of our discussions with suppliers are entirely focused on future parts price and design or process changes that will help us lower fundamental costs rather than prior period adjustments of CapEx projects. Musk responded that he "specifically" did not want to, and called the analyst's questions "so dry". Despite Musk's explanation, Tesla started Monday's trading on the negative, hit... [Full Article...]

Feminine hygiene now tax-free in India; sanitary napkins out of GST net

Feminine hygiene now tax-free in India; sanitary napkins out of GST net Australia also continues to apply a tax while Ireland and Kenya are among the nations to have abolished taxes on sanitary products. Footwear costing up to Rs 1,000 will now attract a five percent GST. Congress lawmaker Sushmita Dev, who previous year had launched an online petition with Change.org demanding total removal of taxes on pads, welcomed the government's move saying that it is a vi... [Full Article...]

Iran will resist Trump's psychological warfare - senior Guards commander to ISNA

Iran will resist Trump's psychological warfare - senior Guards commander to ISNA Sunday. Trump's message comes after Rouhani issued a threat earlier Sunday if the United States followed through with hostile policies against Tehran. Trita Parsi, founder and president of the lobby group National Iranian American Council, said Pompeo's tough talk could fuel grievances, destabilise Iran and set Tehran and Washington on a collision course. [Full Article...]

Tesla shares drop on report that it asked suppliers for refunds

The request, which was sent in the form of a memo to several suppliers, noted that the cash back would be necessary for Tesla's "continued operation", calling it an investment in "long-term growth". Tesla is pushing to improve its financial position as it spends heavily to boost production of its latest vehicle, the Model 3. " This is one more sign that money is getting shorter and shorter, and ... [Full Article...]

No Mega Millions victor on Friday

No Mega Millions victor on Friday The winning numbers on Friday were 44-14-30-62-1 with a Mega Ball of 1. Consult with a financial advisor. If a MI player wins tonight's $433 million jackpot, it would be the largest Mega Millions prize won in the state. ET, to be eligible for Friday's drawing. It will also be the largest total since a single ticket paid out $533 million to a person from New Jersey this March. [Full Article...]

FDA: 400 people in 10 states sickened by vegetables in new outbreak

FDA: 400 people in 10 states sickened by vegetables in new outbreak The Food and Drug Administration is reporting an official total of 61 cases in 7 different states as of today, but that number is expected to grow in the immediate future as hospitals report additional cases to federal agencies, according to officials who spoke with CNBC . [Full Article...]

Trump threatens tariffs on all $500 billion of Chinese imports

Trump threatens tariffs on all $500 billion of Chinese imports Earlier today, Mr Trump tweeted: " China , the European Union and others have been manipulating their currencies and interest rates lower, while the U.S.is raising rates while the dollars gets stronger and stronger with each passing day - taking away our big competitive edge". [Full Article...]

Trump Ups the Ante in the U.S.-China Trade War

Trump Ups the Ante in the U.S.-China Trade War In the same interview , taped Thursday at the White House, Trump broke with a long-standing tradition at the White House and voiced displeasure about recent actions at the U.S. After a decent run to the upside this week the USA dollar has fallen back sharply today, largely as a result of last night's comments from President Trump, where he was critical of the Fed and the recent strength in the ... [Full Article...]

Ritz Crackers products recalled due to Salmonella concern

Ritz Crackers products recalled due to Salmonella concern Affected products include Ritz Bits, Ritz cheese cracker sandwiches, and other flavors of Ritz sandwiches. The company says there have also been no reports of illness but made a decision to voluntarily remove out of safety concerns. A number of food recalls have been issued for goods sold in Atlantic Canada. Recalled products should be thrown out or returned to the store where they were purcha... [Full Article...]

Gatwick Airport: BA Flight Emergency Closes Runway

Gatwick Airport: BA Flight Emergency Closes Runway An easyJet service from Paphos and a TUI flight from Lanarca were diverted to other airports before Gatwick's stand-by runway was opened. As reported in the national press, the aircraft, which was carrying several groups of school children, was towed from the runway. [Full Article...]

Select Uncle Ben's rice products recalled due to possible Salmonella contamination

Mondel─ôz Global LLC announced on Saturday that some of the crackers contain whey powder as an ingredient, which was recalled by its supplier over salmonella concerns. The company says there have also been no reports of illness but made a decision to voluntarily remove out of safety concerns. Consumers who have recalled products in their home should throw them out or return them to the store wh... [Full Article...]

Facebook Suspends Analytics Firm on Concerns About Sharing of Public User-Data

Facebook Suspends Analytics Firm on Concerns About Sharing of Public User-Data Crimson Hexagon has reportedly collected more than 1 trillion public social media posts from Facebook, Instagram, Twitter, Tumblr and other online sources. Chris Bingham , Crimson Hexagon's chief technology officer, said in a statement earlier this week, the Journal reported , that it abides by the policies of its social-media partners and the company does not collect private data. [Full Article...]

Ryanair cancels flights due to stewards' strike, 50,000 passengers affected

Ryanair cancels flights due to stewards' strike, 50,000 passengers affected The letter, sent by Ryanair's chief people officer Eddie Wilson to Forsa national secretary Angela Kirk, who has been negotiating on behalf of the Irish-based pilots, referred to Wednesday's meeting with Forsa. Ryanair has warned passengers that it will cancel up to 600 flights in Europe next week as cabin crew prepare to strike in Belgium, Portugal and Spain. [Full Article...]

Canada's Trudeau appoints Border Security Minister to deal with migration

Canada's Trudeau appoints Border Security Minister to deal with migration James Carr, the natural resources minister, will move to the renamed post of minister for global trade diversification. Wilkinson, the first fisheries minister from B.C.in more than a decade, will be tasked with promoting the government's oceans protection plan , a "world class" program the Liberals have touted as a safeguard against potential oil spills that could result from increased tanker ... [Full Article...]

Trump accuses China, EU of currency manipulation, slams Fed

The Chinese yuan weakened by almost 1% against the dollar yesterday and continued its slide today, hitting its lowest level in over a year. "Analysts said the yuan's latest dip came after China's central bank indicated that it was willing to accept a weaker currency", CNN reports, as it will help China's huge export industry cope with new United States tariffs. [Full Article...]

Cadbury To Start Making A Reduced Sugar Version Of Dairy Milk

Cadbury To Start Making A Reduced Sugar Version Of Dairy Milk In 2015, the firm changed the recipe for Creme Eggs, by removing Dairy Milk chocolate from the egg. The chocolate bar will sit alongside other standard bars on shelves and marks Mondel─ôz International's commitment to tackling obesity, including childhood obesity , in the UK. [Full Article...]

Amazon sells more than 100 million products on Prime Day event

Amazon sells more than 100 million products on Prime Day event Haq Se Single, Chacha Vidhayak Hain Humare, and hit Bollywood movies Padmaavat and Sonu ke Titu Ki Sweety, have been particular hits on-demand, said Amazon. "Amazon's stock might seem pricey at 140 times this year's earnings, but it remains an essential long-term play on the e-commerce and cloud markets". [Full Article...]

CVS Apologizes After Pharmacist Harasses Trans Customer

Hall said she went to the Fountain Hills, Arizona, CVS with her doctor's prescription on April 24. "I was finally going to start seeing my body reflect my gender identity and the woman I've always known myself to be", Hall wrote. Arteaga's doctor had prescribed the medication after Arteaga's child stopped developing. Kilar said Hall's desire, as someone coming out as transgender, to make this ... [Full Article...]


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