Markets

Ruby Tuesday to close 95 restaurants nationwide

Locally, Ruby Tuesday operates restaurant in Swatara Twp., and in the region has three restaurants in York County and three in Lancaster County. "Full-time and part-time employees impacted by closures will be offered positions in nearby restaurants where possible".

Florida Republicans disagree with Trump, but still back him

Daniel Torres, who was killed in Iraq on February 4, 2005, at age 23, a week after finding out he would become a father , and Torres' aunt, Beatriz Saldivar. When the mother of a military veteran identified herself as such at a Mike Pence rally in Nevada on Monday, the crowd cheered for her. Pence quieted a crowd that was booing a woman who asked Pence at a town hall meeting in Carson City on Monday how he could tolerate Trump's disrespect for American servicemen.

Modi government failed to check inflation: Congress

It will impact house rents and overall retail inflation . Rajan gave a speech in New Delhi last October on the importance of tolerance and respect in achieving economic growth , appearing to take aim at the RSS at a time when the country was debating whether a campaign to ban the sale of beef, on the grounds that cows are sacred to Hindus, discriminated against the country's Muslims and other minorities.

Tesla to acquire SolarCity

By working jointly, it will be able to offer a one-stop shop for both solar power and energy storage, using a single installer and a single phone app for managing the systems and a single contract for service when necessary. The amount Tesla has offered is on the low range with SolarCity shareholders receiving 0.11 share of Tesla for each SolarCity share. "Solar and storage are at their best when they're combined".

Facebook hates ad blockers so much it now blocks them

But, he says, Facebook does not believe that ad blockers are the answer. Unlike most publishers who rely on third-party ad serving companies where the ad code is relatively easy to identify and thus block, Facebook controls the serving of ads.

Trump would be 'dangerous' president, say 50 key Republicans

Collins, who was re-elected for the third time in 2014 and is not up for election again until 2020, said that Trump has consistently shown to be "unworthy" of the presidency. In other words, the Democratic convention seems to have been somewhat of a failure in convincing Sanders voters who oppose Trump to consolidate behind Clinton rather than Johnson or Stein.

GST Bill Passed By Parliament

After the amendments are carried out, Parliament will pass the GST and Integrated GST Bills and the assemblies will pass state GST Bill for the roll out of the tax reform in the country. "Lots of flaws have been overcome as far as the GST is concerned", he said. The bill saw years of filibustering by the ruling BJP and the main opposition Congress among other political parties in a country, whose tax structure has been very complex by any yardstick.

Investors double their money in African takeover

Steinhoff sells beds and cupboards to less affluent shoppers. Mattress Firm , which acquired Sleepy's a year ago for $780 million, announced Monday that it was being taken over by Steinhoff International Holdings. Through its brands including Mattress Firm , Sleepy's and Sleep Train, the company offers a broad selection of mattresses, bedding accessories and other related products from leading manufacturers, including Serta, Simmons, Tempur-Pedic, Sealy, Stearns & Foster, King Coil and ...

Vail Resorts buys operator of 2010 Olympics site for $1.1B

Brownlie will stay on as Whistler Blackcomb's chief operating officer and will become a member of the senior leadership team of Vail Resorts' mountain division, the companies said. Located about 120 kilometres north of Vancouver, Whistler Blackcomb is both the largest and the most popular ski destination in North America, with more than two million people visiting past year.

Hillary Clinton accepts nomination, says 'We'll fix it together'

Trump tweeted. "Crooked Hillary said that I 'couldn't handle the rough and tumble of a political campaign.' Really, I just beat 16 people and am beating her!" Throughout the convention, both men and women praised Clinton for shattering the glass ceiling and paving the way for young women and girls around the country to see a woman potentially become president.

Hillary Clinton at the DNC: What Did She Say?

A running campaign commentary on Hillary Clinton's acceptance speech repeatedly cast her as a fixture of Washington who is incapable of changing its ways, reports CBS News correspondent Major Garrett. She promised to make college tuition-free and debt-free, and to free Americans of student debt. To be sure, many black delegates at the convention said they don't view the "Bernie or Bust" movement through a racial lens.

Seven more bodies of Maharashtra bridge tragedy found

Darkness had hampered operations, which resumed this morning. The Chief Minister said directives have been issued to conduct structural audit of old bridges. NCP MLA Ajit Pawar said a Sena legislator had a year ago, through a query in the Assembly, spoken of fears about a tragedy waiting to happen due to the dilapidated state of the British-era bridge.

Time Warner Buys Chunk of Hulu for $583M

The streaming TV service Hulu is gaining a fourth parent: Time Warner , the parent of CNN . None of which, of course, has been lost on Time Warner , whose entrance into the online market has been extremely slow. According to the print, the company earned revenue of $7 billion during the quarter in line with consensus estimate of $7.05 billion. The acquisition has been rumored for months, although earlier reports suggested that Time Warner might attempt to procure as much as 25 percent ...

Oil prices give up early gains as oversupply weighs

Last week, commercial crude oil supplies were up 0.3 per cent at 522.5 million barrels, 14.8 per cent more than was recorded at the same point a year ago. "The narrower the spread between domestic and imported crude oils, the more likely coastal refiners will choose to run imported crudes rather than domestic supplies shipped by rail", EIA said.

Oil higher in volatile trade after inventories data

Oil rose in NY amid a weaker dollar and speculation the oversupply still weighing on global markets will diminish, even after prices fell into a bear market on Monday. US crude inventories added over a million barrels of oil last week, a development that will likely stoke concerns of a persistent global oil glut. US West Texas Intermediate (WTI) crude was at $40.21 a barrel at 0649 GMT (2:49 a.m.

CEO at Democratic National Committee resigns

Amy Dacey is the highest-ranking official at the DNC to step aside due to the matter, a senior Democratic official said. And there could be additional departures to come: "Other senior aides have been expecting the axe to fall on them, too", Politico reported Tuesday, "and there's been a chill around the offices just off Capitol Hill as staffers wait for more resignations or firings".

Yankees send Carlos Beltran to Rangers for 3 pitchers

Acquiring Beltran would be huge for the Red Sox outfield and lineup, as he's batting.301/.342/.538 for the Yankees in 98 games this year. Tate carries the pedigree of a high-end talent as the Rangers, chose the 6-foot-2, 165-pound right-hander in the first round of the 2015 draft, fourth overall for $4,200,000.

Slump in oil prices gives pause to rally on global stock markets

Prices fell 14 per cent in July. Oil prices fell more than 3 percent on worries over OPEC output. Brent crude LCOc1 closed down $1.39, or 3.2 percent, at $42.14 a barrel, after a session low of $41.87. Oil majors Exxon Mobil CorP, BP Plc, Royal Dutch Shell Plc and Chevron Corp each had a poor second quarter because of weak refining margins. By contrast there were only small changes on the long side of the market, with hedge funds adding 3 million barrels of crude and 0.15 million ...

NextEra to Buy Energy Future's Oncor in $18.4 Billion Deal

Although the purchase is not yet official because of how bankruptcy deals develop, NextEra's Jim Robo did not hesitate to express his best wishes and good intentions towards Oncor's team of executives and workers. The company had revenue of $3.82 billion for the quarter, compared to analyst estimates of $4.33 billion. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from eight commercial nuclear power units in Florida, New Hampshire, Iowa and Wisconsin.

Oracle Buys NetSuite for $9.3 Billion

Oracle has also said in a statement that NetSuite shareholders must approve the tender of most of its outstanding shares, excluding shares owned by Netsuite directors, executive officers and associates of Larry Ellison. Until the transaction closes, Hurd said both companies will continue to operate independently, with the addition of NetSuite created to enable Oracle to expand its ability to support customers across any industry or vertical.

Fiat Chrysler ups 2016 guidance on Q2 earnings

Fiat Chrysler shipped 1.17 million vehicles in the second quarter, in line with last year's second quarter, as an increase in Europe offset drops in North America, Asia Pacific and South America. FCA will cease producing the Dodge Dart or Chrysler 200 in the U.S.by the first quarter of next year, and will instead use the production capacity to churn out more profitable Ram and Jeep vehicles.

Facebook exceeds revenue estimates on blistering ad sales growth

Now the question is, will the second quarter bring more of the same? Facebook clearly owns the ad share space, driven by its user scale. The research firm eMarketer estimates Facebook is taking in two-thirds of social media ad revenues, dominating rivals such as Twitter , which this week reported disappointing results.

Seeking wider digital audience, Verizon buys Yahoo for $4.8B

When it comes to the fate of current Yahoo chief executive, Marissa Mayer , it is now unclear if she'll stay on at the company after the deal is completed in early 2017. Greg Sterling, a contributing editor to the Search Engine Land blog, said he was generally upbeat about the deal, assuming Verizon gives Yahoo breathing room and investments.

Fiat Chrysler recalls about 410K vehicles for wiring trouble

The recall also affects the 2015 Ram ProMaster City van, Jeep Renegade and Jeep Cherokee SUVs. On Monday, Automotive News reported that the automaker conducted an internal review previous year that revealed its sales figures had been overstated by several thousand vehicles.

Million Child-Bearing Women in Latin America Could Get Zika

The report included 49 cases of pregnant women experiencing different symptoms. The Ministry of Health and Social Protection has declared the end of the Zika epidemic that arrived in Colombia in September 2015, that to date has resulted in 99,721 cases were reported , of which 8,826 were laboratory-confirmed and 90,895 clinically suspected, according to a ministry news release Monday (computer translated ).

US home prices rise at steady pace as sales heat up

Prices in the Denver area rose 9.5 percent in May from a year earlier, the same year-over-year gain as in April , the report said. He said in a news release that some of the strongest spots coming out of the recession, including San Diego, San Francisco and Los Angeles, recently have had modest increases as rising prices seemingly have cooled the appeal of home buying.

Saskatchewan city gets backup water supply ready as oil spill approaches

Oil from the Husky spill is expected to reach the city by Sunday, the city said, adding it will likely be shutting down its water treatment plant's intake from the river. Husky Energy has said between 200,000 and 250,000 litres of crude oil and other material leaked into the river on Thursday from its pipeline. Earlier this month, it closed the sale of a 65% stake in pipeline and oil-storage facilities in Western Canada to two companies controlled by its top shareholder, Hong Kong ...

Verizon set to announce $6.4 billion Yahoo takeover

Once the core business of Yahoo is sold, only its stakes in Alibaba, the Chinese ecommerce group, and Yahoo Japan, jointly owned with SoftBank, will remain. In February analysts valued Yahoo!'s core operations at between $2.2 billion and almost $5 billion. Reports suggest that she's on her way out and shareholders even expressed their disapproval at Yahoo's last annual meeting.

Britain welcomes PM Theresa May who's tasked with European Union leave

The new cabinet will see Phillip Hammond, who was previously foreign secretary to David Cameron, taking up the post of the Chancellor of the Exchequer, a position that was previously held by George Osbourne who has since resigned. Cameron told The Daily Telegraph it had been "a privilege to serve the country I love". Theresa May has rejected to guarantee the approximately 3 million European Union citizens living legally in United Kingdom that they will be allowed to remain in the country ...

Goldman's work with Malaysian fund under the spotlight

Half of the assets belong to Jho Low, the Malaysian businessman at the heart of the scandal who received a "special thanks" for his part in financing The Wolf of Wall Street , which the DoJ now alleges was funded via misappropriated 1MDB funds.

Verizon Close to Yahoo Deal

Bloomberg sources said in a Friday report Verizon is close to closing on a deal to acquire struggling Internet company Yahoo . Yahoo made a decision to explore its strategic options earlier this year and has been looking to sell its core internet business or more.

Feds reportedly preparing to block health insurer mergers

Department of Justice plans to file lawsuits to block the two mega-insurance mergers, according to Bloomberg . There are now five national health insurers, and the deals would reduce that number to three. Cigna said it was now evaluating its options. The insurance provider adds the DOJ decision is based on "a flawed analysis and misunderstanding of the dynamic, competitive and highly regulated healthcare landscape and is inconsistent with the way that the DOJ has reviewed past healthcare ...

OH governor: no authority to revoke open carry gun law

Sunday's shooting of three policemen in Baton Rouge, Louisiana - a targeted attack that may have been retaliation for a series of police killings of black Americans - hung over the gathering. Many party leaders and rising stars have steered clear of Cleveland. The circumstances only add to the attention placed on Trump and his politically incorrect and unscripted campaign, which has successfully tapped into a wave of populist anger that few others saw as the race for president began more ...

Labour leadership challenge triggered

A secret vote of the National Executive Committee (NEC) went 18-14 in the Opposition leader's favour following hours of talks at the party's headquarters in London . They are confident he can repeat his triumph, and Mr Corbyn will go into the leadership contest as the favourite. Describing the present state of the party, he said: "The vast majority of Labour members and Labour members of parliament have been sitting, like in the back seat of a vehicle, as we are careering towards a ...

HSBC Bank's chief of foreign exchange cash trading arrested

Knowing that the company's plan would raise the price of silver, Johnson purchased sliver in exchange for Euros until the day of the company's transaction and then sold the currency for a profit, according to the complaint. The 43-year-old remains in the United Kingdom, and the U.S.is likely to seek extradition, according to one of the people. HSBC refused to comment.

Tom Vilsack: A rise from orphanage to Cabinet secretary

Speculation regarding her vice presidential pick has been frenetic for months. Vilsack's and Hickenlooper's names have emerged recently in national coverage of Clinton's campaign, joining high-profile running mate candidates like U.S. If either Vilsack or Perez were selected, they would be required to resign from Obama's Cabinet. After the fitness test, the decision becomes about the deeply personal consideration of who she would want to be locked into a political contract with for at least ...

Unilever to buy men's grooming business Dollar Shave Club

DSC has over 3.2 million members with revenue of $152 million in 2015 and on track to exceed $200 million in 2016. Mike Dubin, Dollar Shave Club's founder and chief executive, will retain the top job at the company. That price tag may sound steep, but Unilever-the company behind such everyday retail brands as Dove and Axe-is buying a lot more than razors. It makes sense then that the company's advertising strategy will stay in-house, instead of shifting to one of Unilever's myriad ...

NextEra terminates merger agreement with Hawaiian Electric

The deal had been under heavy scrutiny since being announced in early December 2014. NextEra and Hawaiian Electric terminated their merger agreement because the Hawaii Public Utility Commission didn't approve their plans, the companies said in a joint press release Monday.

'The Bachelorette': JoJo Fletcher chimes in on Jordan - Aaron Rodgers relationship

For their one-on-one date, Jordan and JoJo went to a vineyard, and drank wine that they stomped with their own feet. While Jordan said he doesn't have a relationship with Aaron, he previously said on a podcast that he does have a relationsihp with him - it's just "complicated".

Black Lives Matter activists organize Manchester march

The Chief also mentioned the importance of continuing dialogue with urban professionals, and those protesting , which he had yesterday. That's all I wanted to say. White House spokesman Josh Earnest said there would be law enforcement officers in the room who were deeply troubled by Black Lives Matter activists.

Pokémon Go Retaining Record Numbers of Players

The game has only officially released in Australia, New Zealand, the US, Germany, and the UK. Pokémon Go is an augmented reality game that has been released by Niantic for Android and iOS smartphones. The developing company didn't expect so many gamers to play this game and this is the reason why the servers have started to crash. Shares in Nintendo have surged by 50 per cent following the game's overwhelming popularity.

Nintendo surges to hit six-year high, Pokemon GO hits UK market

If the app keeps growing in popularity at this rate, Pokemon GO is expected to pass SnapChat and Google Maps. Of course, it would have been good to invest before the launch of Pokemon Go . These figures continue to grow at a spectacular pace. "Why limit it?" John Hanke, chief executive of Niantic, which developed Pokemon GO jointly with Nintendo affiliate Pokemon Company, said in an interview with Reuters on Friday.

British Columbia Investment Management Corp Lowers stake in Wells Fargo & Co

Citigroup not so much. Wells Fargo & Co. said Friday its second quarter net income dipped 2.8% as mortgage banking revenue and equity investment earnings fell. Looking ahead, Wells Fargo CFO John Shrewsberry said the bank saw mortgage and refinancing activity pick up in the wake of last month's Brexit, which shook markets temporarily, and he said third quarter figures could outpace Wells' second quarter results.

JPMorgan's profits fall 2 percent; bank beats expectations

Additionally, a decent decrease in operating expenses and a legal benefit aided the bottom line growth. Investment banking revenue fell 15 percent to $1.5 billion on lower equity-underwriting fees. In its Thursday earnings report , the bank also reported a slight increase in headcount, a reversal of recent trends at the bank and elsewhere on Wall Street.

Day 2 from the British Open at Royal Troon

The challenge for Mickelson on Friday at Royal Troon was to back up his near record-setting 63 in the first round in ideal conditions with something strong in Friday's wind and rain. I think I went through four gloves during that little time span, and it was coming down pretty heavy on me. He was five shots behind. Sergio Garcia (70) and Charl Schwartzel (66) were in the group that was six shots behind.

Crude oil futures up in early Asian trade after big losses

The UK central bank was widely expected to ease after Britain's vote last month to leave the European Union caused market turmoil. For oil, China's latest crude import data (http://www.marketwatch.com/story/chinas-crude-imports-in-june-lowest-in-5-months-2016-07-13) also spurred more concerns as it showed the country's buying of foreign crude dropped to a five-month low in June.

China loses to Philippines in Hague

In the past, the US was accused of escalating tensions in the South China Sea by conducting "freedom of navigation" naval operations, forging alliances with countries with competing claims on the area and being selective with the implementation of global law.

China economy grows more than expected in second quarter

Stock markets in China appeared unruffled and were little changed in Friday trading. GDP data will be announced on July 15, along with monthly indicators on investment, industrial output and retail sales. "China's quarterly GDP releases are being greeted with increasing scepticism and for good reason", Capital Economics said in a recent research report.

Bayer raises its offer for Monsanto to $125 a share

Bayer chief executive Werner Baumann said: "We are convinced that this transaction is the best opportunity available to provide Monsanto shareholders with highly attractive, immediate and certain value". In return, BASF would likely receive newly issued shares in Monsanto , the people said. Monsanto President Hugh Grant said last month that the business was in talks with Bayer and other companies in its sector about "alternative strategic options".

Family 'didn't expect Caroline Aherne to go' as she died alone

Performing at Ryman Auditorium he said "This song is for a friend of mine who died this afternoon, her name is Caroline". Questioned about the personal battles she may have faced, the former producer revealed: "This is really one of the great tragedies of my professional life that I have watched happen, is that when we started working, Caroline was an innocent, happy young woman with an huge talent".