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Best Buy's holiday-quarter profit forecast misses Street view - Reuters

Thu, 11/16/2017 - 7:40am

Reuters

Best Buy's holiday-quarter profit forecast misses Street view
Reuters
(Reuters) - Best Buy Co Inc (BBY.N) reported on Thursday disappointing third-quarter results and forecast holiday-quarter profit below Wall Street's estimates as the company cuts prices to match those offered by rivals such as Amazon.com Inc (AMZN.O).
Best Buy Q3 solid, but later iPhone X launch dinged revenue upsideZDNet
Best Buy's sales rise 4.5 percent, but later iPhone X launch hurt quarterly resultsMinneapolis Star Tribune
Late iPhone launch leaves Best Buy sales hangingMinneapolis / St. Paul Business Journal
Financial Times
all 13 news articles »Google News

Emerson sweetens bid for Rockwell Automation to $29 billion - Reuters

Thu, 11/16/2017 - 7:21am

Reuters

Emerson sweetens bid for Rockwell Automation to $29 billion
Reuters
(Reuters) - Emerson Electric Co boosted its offer to buy Rockwell Automation Inc to about $29 billion, after the smaller rival rebuffed a $27.6 billion bid last month saying it undervalued the company. Emerson Electric Company Canadian headquarters is ...
Emerson Electric (EMR) Offers $225/Share for Rockwell Automation (ROK)StreetInsider.com
Emerson Electric to Boost Takeover Offer for Rockwell AutomationWall Street Journal
Rockwell Automation spikes after Emerson boosts its takeover bid to $29 billionBusiness Insider
STLtoday.com -Zacks.com -SEC.gov -SEC.gov
all 106 news articles »

Japan Rail Operator Says Sorry, as Train Leaves 20 Seconds Early - Bloomberg

Thu, 11/16/2017 - 5:59am

National Post

Japan Rail Operator Says Sorry, as Train Leaves 20 Seconds Early
Bloomberg
A politician once had to drop out of an election after he delayed a bullet train by pushing staff to halt it for a campaign stop. This time, though, it's a rail company that's apologizing after the 9:44 a.m. train on Tokyo's Tsukuba Express line left ...
Apology after Japanese train departs 20 seconds earlyBBC News
Tokyo train company apologises for 20-second early departureChannel NewsAsia
Japanese rail company apologizes after train departs 20 seconds earlyDaily Sabah
The Straits Times -SoraNews24 -Metro
all 13 news articles »

Minimum salary of H-1B visa holders in US likely to increase; but it's no good news for Indian professionals - International Business Times, India Edition

Thu, 11/16/2017 - 4:46am

International Business Times, India Edition

Minimum salary of H-1B visa holders in US likely to increase; but it's no good news for Indian professionals
International Business Times, India Edition
This bill, however, bans H1-B dependent employers from replacing American jobs with H1-B employees. By : Purnita Deb. November 16, 2017 15:12 IST. Trump celebrating Diwali.Facebook. A Congressional committee in the United States on Thursday, ...
Issa's bills take aim at outsourcing firms dependent on H-1B visasAxios
US H-1B bill to toughen rules moves ahead, next stop is House voteHindustan Times
Bill would raise minimum salary for H-1B holdersSan Francisco Chronicle

all 11 news articles »Google News

Oil steady as expected output curbs balance US supply - Reuters

Thu, 11/16/2017 - 4:14am

Reuters

Oil steady as expected output curbs balance US supply
Reuters
LONDON (Reuters) - Oil markets stabilized on Thursday as expectations that OPEC would extend production limits balanced rising U.S. crude production and inventories. Oil pumpjacks are seen near Aneth, Utah, U.S., October 29, 2017. REUTERS/Andrew ...
Oil Holds Near $55 as Investors Await Clarity on OPEC ActionBloomberg
Rising US Oil Stocks Weigh on PricesWall Street Journal
A lightning fast rally in oil prices is reversing. Here's whyCNBC
Seeking Alpha -Rigzone -Chron.com -Nasdaq
all 190 news articles »

Here Are Eight Things to Watch For in Tesla's Big Rig Reveal - Bloomberg

Thu, 11/16/2017 - 4:00am

Bloomberg

Here Are Eight Things to Watch For in Tesla's Big Rig Reveal
Bloomberg
Elon Musk lifts the veil Thursday on an electric truck aimed at killing the diesel engine. By. Tom Randall. @tsrandall More stories by Tom Randall. November 16, 2017, 12:00 AM PST. From. The Tesla Semi Truck coming into focus. Source: Tesla. Tesla Inc ...
5 things you need to know ThursdayUSA TODAY
Tesla Says It Will Fight Lawsuit Claiming Racial DiscriminationNDTV
Tesla truck to be revealed tonightAutocar
autoevolution -Independent Online -Wall Street Journal
all 42 news articles »

First head of Financial Protection Bureau will leave by month's end - Boston Herald

Thu, 11/16/2017 - 1:23am

Boston Herald

First head of Financial Protection Bureau will leave by month's end
Boston Herald
MOVIN' ON: U.S. Sen. Elizabeth Warren said Richard Cordray, above, 'forced the biggest financial institutions to return $12 billion directly to the people they cheated.' Cordray is stepping down as head of the Consumer Financial Protection Bureau.

and more »

Koch Brothers Back Meredith Bid to Buy Time Inc. - Bloomberg

Thu, 11/16/2017 - 12:32am

Bloomberg

Koch Brothers Back Meredith Bid to Buy Time Inc.
Bloomberg
Charles and David Koch, the billionaire U.S. industrialist brothers, are backing publisher and broadcaster Meredith Corp.'s revived bid to purchase Time Inc., according to a person familiar with the matter. The Kochs have tentatively agreed to support ...
Meredith, Time Inc restart deal talks with Koch brothers' support: NYTReuters
Meredith Pursues Takeover of Time Inc.Wall Street Journal
Do the Koch Brothers want their own media empire?Recode
New York Times -New York Magazine -Financial Times -TheWrap
all 16 news articles »

Busiest Thanksgiving traffic since 2005 predicted despite higher gas prices - USA TODAY

Thu, 11/16/2017 - 12:01am

USA TODAY

Busiest Thanksgiving traffic since 2005 predicted despite higher gas prices
USA TODAY
With Americans feeling better about their finances, they will hit the road in near-record numbers over the Thanksgiving weekend despite higher gasoline prices, experts predict. An estimated 50.9 million Americans will travel 50 miles or more to get to ...

and more »

McDonald's Customer Climbs Through Drive-Thru Window, Allegedly Helps Herself To A Soda And Food [Video] - The Inquisitr

Wed, 11/15/2017 - 9:01pm

The Inquisitr

McDonald's Customer Climbs Through Drive-Thru Window, Allegedly Helps Herself To A Soda And Food [Video]
The Inquisitr
A female suspect was caught on surveillance video allegedly climbing through a McDonald's drive-thru in Columbia, Maryland and is now wanted by the Howard County Police who have offered a $500 reward for any information about the case.

and more »

AT&T Reports Some US Customers Unable to Make Wireless Calls - U.S. News & World Report

Wed, 11/15/2017 - 7:56pm

U.S. News & World Report

AT&T Reports Some US Customers Unable to Make Wireless Calls
U.S. News & World Report
FILE PHOTO - An AT&T logo is seen at a AT&T building in New York City, October 23, 2016. REUTERS/Stephanie Keith/File Photo Reuters. (Reuters) - AT&T Inc on Wednesday said that some U.S. customers were not able to make wireless calls but that ...
AT&T asks customers affected by outage to restart their phonesWGN-TV
AT&T network down for some: affected users told to restart phonesSlashGear
AT&T tells customers to restart phones as wireless outage affects nationKRNV My News 4
fox2now.com -KMOV.com -KATC Lafayette News -Down Detector
all 27 news articles »

FCC plans to vote to overturn US net neutrality rules in December: sources - Reuters

Wed, 11/15/2017 - 7:23pm

Reuters

FCC plans to vote to overturn US net neutrality rules in December: sources
Reuters
WASHINGTON (Reuters) - The head of the Federal Communications Commission is set to unveil plans next week for a final vote to reverse a landmark 2015 net neutrality order barring the blocking or slowing of web content, two people briefed on the plans ...
FCC Plans December Vote to Kill Net Neutrality RulesBloomberg
FCC's Move to Relax Ownership Rules Could Lead to Wave of Media MergersVariety
The FCC is having a terrible month, and consumers will pay the priceThe Verge
Chicago Tribune -Ars Technica -Poynter (blog) -Sacramento Bee
all 33 news articles »

Peltz Scores Surprise Victory for P&G Board Seat After Recount - Bloomberg

Wed, 11/15/2017 - 5:41pm

Bloomberg

Peltz Scores Surprise Victory for P&G Board Seat After Recount
Bloomberg
Nelson Peltz's bid for a board seat at Procter & Gamble Co. took a stunning turn Wednesday after an independent inspector said the billionaire investor won his proxy fight at the consumer products giant. The official preliminary results show that P&G ...
In Reversal, Peltz Set To Win P&G Boardroom BattleTheStreet.com
It's official: P&G loses proxy battle with activist investor – for nowCincinnati Business Courier
It looks like Nelson Peltz might have won the biggest proxy battle in history after a recountBusiness Insider
TechCrunch -AdAge.com -Reuters -WCPO
all 27 news articles »

Mattel Drops on Report That It Rebuffed Approach From Hasbro - Bloomberg

Wed, 11/15/2017 - 5:16pm

Bloomberg

Mattel Drops on Report That It Rebuffed Approach From Hasbro
Bloomberg
Mattel Inc. slipped in late trading on a report that it rebuffed a takeover approach from rival Hasbro Inc., spurning a deal that could have created the largest U.S. toymaker. Mattel informed Hasbro that the proposal undervalues the company, according ...
Exclusive: Mattel snubs Hasbro's latest acquisition approach - sourcesReuters
Christmas cancelled for Mattel short sellersFinancial Times

all 5 news articles »

GM challenges Tesla with promise of profitable electric cars - Reuters

Wed, 11/15/2017 - 3:46pm

Reuters

GM challenges Tesla with promise of profitable electric cars
Reuters
(Reuters) - General Motors Co (GM.N) plans to launch a new family of electric vehicles in 2021 that will cost less to build and make a profit for the U.S. No. 1 automaker, Chief Executive Mary Barra told investors on Wednesday. FILE PHOTO: Mary Barra, ...
General Motors (GM) CEO Mary Barra Presents at 2017 Barclays Global Automotive Conference (Transcript)Seeking Alpha
How GM Plans To Bury Tesla With Onslaught Of Electric Vehicles That Will -- Gasp! -- Make A ProfitForbes
GM CEO Mary Barra hints at Bolt EV-based crossover SUV, details future electric vehiclesGreen Car Reports
CBS News -U.S. News & World Report -The Detroit News -Nasdaq
all 23 news articles »

Is billionaire VC Peter Thiel trying to break up Google? - SiliconBeat

Wed, 11/15/2017 - 3:32pm

SiliconBeat

Is billionaire VC Peter Thiel trying to break up Google?
SiliconBeat
So far, high-profile Silicon Valley venture capitalist and PayPal co-founder Peter Thiel isn't saying publicly why he gave hundreds of thousands of dollars to the campaign of a state attorney general who's just launched an antitrust probe of Google ...
Google investigation and PayPal co-founder's donations not linked, Hawley's office saysSpringfield News-Leader
Is PayPal co-founder Peter Thiel influencing Missouri AG Josh Hawley's Google probe?Kansas City Star (blog)
Missouri AG Josh Hawley Investigating Google, Received $300000 From Peter ThielInternational Business Times
U.S. News & World Report -Vanity Fair -ABA Journal
all 22 news articles »

DOJ asking states to help block AT&T-Time Warner merger: report - The Hill

Wed, 11/15/2017 - 2:25pm

The Hill

DOJ asking states to help block AT&T-Time Warner merger: report
The Hill
The Justice Department has made overtures to state attorneys general to build support for blocking AT&T's $85.4 billion deal to purchase Time Warner Inc., according to a Wednesday report. A source "briefed on the matter" told Reuters that the ...
Sticking points: Here's why the government is worried about AT&T's merger with Time WarnerDallas News
Time Warner's Floor? We May Be Standing on ItBloomberg
Washington state AG's office confirms Justice Department circulating AT&T Time Warner complaintReuters
New York Post -Chicago Tribune -Variety -CNBC
all 26 news articles »

Warner Bros. Nabs 'Paddington 2' Rights From Weinstein Co. - Hollywood Reporter

Wed, 11/15/2017 - 2:19pm

Hollywood Reporter

Warner Bros. Nabs 'Paddington 2' Rights From Weinstein Co.
Hollywood Reporter
The fact that Warners scooped up the kid-friendly pic shouldn't come as a surprise as producer David Heyman has strong ties with the studio, including eight 'Harry Potter' films, the 'Fantastic Beasts and Where to Find Them' franchise and 'Gravity ...
Warner Bros. Wins 'Paddington 2' Bidding WarDeadline
Warner Bros. Wins Bidding War for 'Paddington 2'Variety
Warner Bros. Rescues Paddington 2 from the Weinstein CompanyVanity Fair
Bloomberg -EW.com (blog) -Wall Street Journal -L.A. Biz
all 18 news articles »

Nearby Earth-sized world may be the best candidate yet in the search for alien life - The Verge

Wed, 11/15/2017 - 1:23pm

The Verge

Nearby Earth-sized world may be the best candidate yet in the search for alien life
The Verge
Another tantalizing planet has been found outside our Solar System: an Earth-sized world that's our cosmic next-door neighbor — and it could be in just the right spot to host life. Meet Ross 128 b, a newly discovered planet found orbiting around a ...
Hello, neighbor! Nearby planet could support lifeUSA TODAY
NASA says another Earth-sized planet has been discovered 'in habitable zone'MLive.com
An Earth-Like Planet That Could Support Life Is Surprisingly Close to UsFortune
Mashable -Channel3000.com - WISC-TV3 -Toronto Star -BBC News
all 119 news articles »

Square tests buying and selling bitcoin inside its payment app - Engadget

Wed, 11/15/2017 - 1:20pm

Engadget

Square tests buying and selling bitcoin inside its payment app
Engadget
Square Cash moved beyond sending money in February 2016 when it started letting users store their funds in account reserves, digital wallet-style. Starting today, you can use the service's mobile app to stash another type of currency: bitcoin. But only ...
It's Not Bitcoin Classic, Or Bitcoin Cash. It's Bitcoin Clashic!Cointelegraph (Bitcoin, Cryptocurrency and Blockchain News)
Square Rises On Bitcoin Buy And Sell Option For Mobile App UsersInvestor's Business Daily
Bitcoin jumps more than 9% after news Square is testing the digital currencyCNBC
Benzinga -Investopedia (blog) -Wall Street Journal -Bloomberg
all 96 news articles »

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