Markets

Trump supporters won't characterize comments as 'sexual assault'

It is not only a tape recording, but a video showing the bus traveling along with Trump and [Billy] Bush [host of "Access Hollywood"] in it while they were having this conversation. "The University is not commenting on this and is referring all comments and inquiries regarding the endorsement to his family, outside the operations of the University".

South Africa again hit by economic and fiscal uncertainty

This refers to the so-called "rouge unit" set up by Gordan to allegedly spy on taxpayers when he was SARS commissioner between 1999 and 2009. "Already yesterday there was some sceptism whether these claims will stick and we are seeing possibly the NPA backtracking on this decision to push ahead with attempts to prosecute the finance minister", ETM Analytics market analyst Jana van Deventer said.

Wells Fargo CEO is out as bank grapples with sales scandal

As she put it, "my campaign is fueled by supporters like you, not people like John Stumpf ". "And what happened at Wells Fargo over the course of many years can not be described any other way", Stumpf was told by the the committee's chairman, Jeb Hensarling, R-Texas, at the outset.

Wal-Mart increases stake in China's JD.com

The world's largest retailer also tempered its outlook, saying it anticipates fiscal 2018 earnings per share being about flat with its fiscal 2017 adjusted earnings per share. Then came May's second quarter earnings report , and investors punished Target after it aimed for the bull's-eye but instead hit the bear's behind. In one of the boldest moves regarding store closings, earlier this year, executives made a decision to close 279 locations marking the first time in history such a large ...

UK's Hammond buries idea of extra cuts to corporation tax

And he will tell Tories meeting in Birmingham that his Autumn Statement later this year will be a new "pragmatic" plan with more scope for investment. During his speech at the Conservative Party Conference later, Mr Hammond is to state that Osborne's deficit reduction policies, 'were the right ones for that time.' However, he will then say that, 'when times change, we must change with them'.

Snapchat puts £25bn float in the frame for next year

Snap told investors earlier this year it expected to earn between $250 million and $350 million in revenue this year and as much as $ 1 billion next year, according to the Wall Street Journal report. A Snap spokesman declined to comment on ad prices. That's quite a bit more than its last valuation of around $18 billion. Snapchat began its advertising push in 2014, when it started running ads in its Recent Updates section.

Stocks rise broadly in morning trading, led by bank shares

Asian shares and gold retreated on Wednesday and bond yields were near two-week highs as markets were rattled by a media report flagging the possible withdrawal of the European Central Bank's bond buying program. The S&P 500 is up 115.79 points, or 5.7 percent. The euro fell to $1.1217 from $1.1237 and the dollar rose to 101.55 yen from 101.41 yen. Utilities shed 1.4 percent.

Wells Fargo Illustrates Case for Splitting Board From Management

On Thursday, Wells Fargo chairman and CEO John G. Stumpf was grilled by members of the House Financial Services Committee about the bank's behavior. Mr. Stumpf told the committee he had suggested his own clawback to Wells Fargo's board, reiterating what he wrote in a letter to bank employees earlier in the week.

Russell Wilson to start for Seattle despite knee sprain

Ifedi, the team's first-round pick, has been sidelined with a high ankle sprain suffered before Week 1. Wilson was injured in the second half and came out for just one play. 13 after a little more than one season with the Saints. "It was pretty exciting to get a guy like that", Carroll said of the former star at Clemson the Bills drafted in the first round in 2010.

Jets' Decker still not practicing, could miss game Sunday

The team plans to try rest and treatment now, but Bowles wouldn't rule out Decker needing surgery later. Decker, who has nine catches for a team-leading 194 yards and two touchdowns, said there was no precise moment he realized the injury had gotten worse against the Chiefs.

McIlroy's watch on Central time before Ryder Cup

Woods, not necessarily known for his sense of humour on the golf course, managed to see the amusing side with a salute to the photographer and a chuckle to himself. "But in terms of that, we have the Masters champion (Danny Willett), we have the Open champion (Henrik Stenson), we have the Olympic champion (Justin Rose) and we have the FedEx champion (Rory McIlroy)".

NASDAQ Reaches New Record High After Fed's Decision

The Fed is scheduled to release a statement at 2:00 p.m. ET, followed by Chair Janet Yellen's press conference. "Nobody is really sure where we will go from here, which strikes me that $47.50 is a number we may hover around for a while", said Matt Stanley, a fuel broker at Freight Investor Services in Dubai.

Pfizer Decides Against Splitting Innovative And Essential Health, Will Remain One Company

More from Bloomberg .com: Citi Warns on Gold as Bank Boosts Odds of Trump Win to 40% . Pfizer's innovative health unit focuses on developing and commercializing new treatments and made $26.76 billion previous year. The company got 20 approvals for fresh drugs and unveiled several products to address unmet medical requirements. "To their credit they've been gradually lowering expectations so this shouldn't be shocking to anybody".

Disney is Considering Buying Twitter

Microsoft is also among the list of potential suitors, although Facebook Inc is not likely to have an interest in the social network, CNBC said, citing sources, following the Bloomberg report. James Cakmak, an analyst at Monness Crespi Hardt & Co. thinks that this acquisition is exactly what Disney needs. This comes as chatter is heating up that multiple companies are getting ready to bid on Twitter .

Lennar and WCI join to create powerhouse in Florida

Stuart Miller, Chief Executive Officer of Lennar , said "We welcome the WCI team to the Lennar family". News of the deal sent WCI shares soaring; up 38 percent in early afternoon trading on Thursday, while Lennar shares were up less than 1 percent.

Obama again urges two-state solution

The U.S. will provide Israel's military with $38 billion during the next 10 years, officials said Tuesday, Sept. 13, 2016, the largest batch of military assistance the U.S. Susan Rice, Obama's national security adviser said the negotiations had been "completely unrelated" to the debate over whether the president should weigh in on the Israeli-Palestinian conflict.

Senator says Israel made a mistake by signing security deal

But the right-wing Netanyahu decided it would be best to forge a new arrangement with Obama, who leaves office in January, rather than hoping for better terms from the next US administration, according to officials on both sides. The previous 10-year aid package amounted to $30 billion, but did not include the $5 billion USA assistance for missile defence contained in the update.

Ford CEO: Donald Trump is wrong about Mexico

On Thursday, Trump elaborated on this during a Fox News interview, stating that Ford will "fire all its employees in the United States" since it's building a factory in Mexico. "We will be here forever", said spokeswoman Christine Baker. For many in the automotive industry, the entire episode is old news that keeps getting reported.

Wells Fargo eliminating sales goals after fake account fraud

On Monday evening, the Senate Banking Committee's Republican majority said it would hold a hearing next week into Wells Fargo's sales practices and invite Wells Chief Executive John Stumpf to appear. "Other firms are going to rethink this whole policy", he said. "How you reward people, how you motivate people and what values you hold people to matter".

Moving Stock's Highlights: Seagate Technology. (NASDAQ:STX) , Leidos Holdings, Inc. (NYSE:LDOS)

In the transaction, Seagate Technology and ValueAct Capital will buy 12.5 million ordinary and existing shares, $9.5 million of which will be bought buy ValueAct Capital. Strong Sell rating was given by "1" brokerage firms. Following the completion of the transaction, the senior vice president now owns 56,623 shares of the company's stock, valued at $1,840,247.50.

Air Force monitors SpaceX explosion investigation

Super-rich Musk - who founded PayPal and electric auto firm Tesla as well as the commercial space travel company - has been seriously damaged by the mishap. A grainy video of the blast, posted to YouTube by Steve Svensson, appears to shows a small, silver spherical object flying over the rocket as it exploded.

Top basketball prospect picks Arizona over United Kingdom and Kansas

The top-ranked recruit in the country is headed to Arizona. Those three schools weren't the only possibilities for the talented forward, there was, and still is, a possibility that Ayton head overseas for a season before going into the National Basketball Association.

Local tribes contribute to the Dakota Access Pipeline protests

The planned pipeline would transport 500,000 barrels of crude hydro-fracted oil from the Bakken fields in North Dakota , bisecting the entire state of Iowa on its way to Patoka, Illinois. "As far as his other investments, they're all fully disclosed". Among the protesters was Dick Lamb, who owns land a few miles from the protest site through which the pipeline is passing.

Serena Williams sets Grand Slam record with US Open third round win

She is also now tied with Roger Federer. American top seed Serena Williams hammered Sweden's Johanna Larsson in straight sets to reach the last 16 at the US Open on Saturday. Williams admitted that she is in a bit of a bubble in terms of her accomplishments and hearing recent accolades from the likes of Olympic stars, gymnast Simone Biles and swimmer Simone Manuel.

United Kingdom manufacturers report 'solid rebound' in August

Sterling rose to a one-month high against the euro after the construction data and British shares also rallied. The reading is well above the 50 level that indicates growth and more than reverses July's heavy drop to 48.3, from 52.2 in June.

Most actively traded companies on the TSX

The world has changed drastically since Canada shot down BHP's hostile attempt to swallow Potash, arguing it was against the national interest. Nationwide prices are increasing more quickly than incomes as buyers compete for the dwindling supply of available homes.

Ireland to appeal EU ruling on Apple taxes

The European Union has ordered Apple to pay $13 billion euros after finding its tax deal with Ireland amounted to illegal state aid. Ireland must recover up to $14.6 billion in unpaid taxes from Apple , Europe's top regulator ruled on Tuesday.

Auto bomb outside somali President's Palace kills 10

In a statement, the terrorist group said they targeted the SYL hotel because it "is close to the presidential palace, and also home to apostates and unbelievers". According to police source, a auto bomb linked to Al Shabaab terrorist group has killed five military men outside the president's palace at Mogadishu , Somalia's capital and seriously destroyed two nearby hotels.

E-commerce giant urges businesses to write PM over Canada Post dispute

A postal worker walks past Canada Post trucks at a sorting centre in Montreal on July 8, 2016. E-commerce giant eBay urged Canadian businesses on Monday to write to the prime minister and demand a legislated end to the labour dispute at Canada Post as a threatened work disruption was once again put on hold.

Trump says he's not flip-flopping on immigration

U.S. Sen. Jeff Sessions, R-Alabama, appeared to have some trouble reconciling Trump's softer stance on undocumented immigrants. He won the GOP primaries on the strength of an aggressive immigration policy, calling for the immediate deportation of the estimated 11 million people in the USA illegally and construction of a Mexican border wall.

Markets Right Now: Stocks end mostly lower on Wall Street

The U.S. central bank has been on the sidelines since it first raised interest rates last December after keeping them near zero following the sub-prime financial crisis that hit the global economy in 2008. Still, Dr Yellen was not explicit on the timing of any rate increase. In words carefully parsed by market watchers, Yellen said recent months had seen conditions in the USA economy increasingly favor an increase in interest rates but she did not give a clear signal of timing.

Gaston surges to first major hurricane of Atlantic season

They have top sustained winds of at least 111-129 miles per hour. Upper-level winds are expected to remain unfavorable for significant development during the next couple of days, as the system moves west-northwest at about 10 miles per hour, the National Hurricane Center said.

Stock markets cautious ahead of key Fed speech

On Thursday, San Francisco Fed President John Williams and Kansas City Fed President Esther George defended the need to raise rates, albeit gradually, to keep the US economy from overheating. About 6.09 billion shares changed hands in USA exchanges, compared with the 6.26 billion daily average over the last 20 sessions. "You're seeing the Treasury market and stocks have an adjustment".

Young man killed in new anti-India protests in Kashmir

Police said an 18-year-old boy was killed in firing by security forces in a south Kashmir village after he sustained pellet injuries in a clash with police in Pinglina village of Pulwama, some 30 km south of Srinagar. The visit comes as relative calm prevailed in parts of Srinagar on Tuesday, after which the government lifted curfew from the uptown areas of the city from 9 a.m.to 8 p.m.

TSX falls most in nearly 4 weeks as resource prices slide

The energy group retreated 1.1 per cent as the price of oil slumped. The Toronto Stock Exchange's S&P/TSX composite index was down 15.98 points, or 0.11 percent, at 14,610.26, shortly after the open. Fertilizer producer Potash Corporation of Saskatchewan Inc. rose 2.7 percent to C$21.63. Fluctuation in gold stocks comes ahead of a speech on Friday by Federal Reserve Chair Yellen that might offer clues on the outlook for US interest rates.

Tesla Clears Antitrust Hurdle In $2.6 Billion Deal For SolarCity

On August 17 SolarCity said it is selling United States dollars 124 million of 6.50% solar bonds, maturing in February 2018. The bonds are issued directly, online, and there are no fees for investors either. It appears to be the first time Musk has personally bought the Solar Bonds, though Reuters noted that Musk's company SpaceX has bought them before.

U.S. crude close 1.46 pct higher at $48.10 on OPEC freeze speculation

Production from Libya, Iraq and Nigeria, which had seen supply disruptions in recent months, is starting to recover and will weigh on oil prices, Damien Courvalin and Jeffrey Currie wrote in a note dated Monday. An output cap would likely prove counterproductive for the Opec if it led to further price gains and an increase in supply from other producers, it said.

Kaine to address ironworkers union, with help from dad

The country has been "living in a season of surprises", in which polls and pundits have been wrong, Kaine said, stressing the importance of every vote. Former President Bill Clinton also visited San Diego in May, when he held a rally at Balboa Park. Virginia Senator and Democratic Vice Presidential candidate Tim Kaine is planning a visit to Tallahassee this week, the Clinton campaign announced Monday.

Serbia take basketball silver; 8 medals won in Rio Olympics

But Kevin Durant, the only other player besides Anthony to return from the 2012 London Games, provided a big assist by unleashing his potent offensive punch to clinch the title. "We were pissed going into the locker room", Durant said the other day, reflecting on Serbia's near upset of the tournament's overwhelming favorites in group play on August 12.

Speedo, Ralph Lauren drop Ryan Lochte after Rio incident

The company says it's sponsorship deal with the swimmer was for the Rio Olympics, and it won't be renewing that contract. Ralph Lauren is not renewing its sponsorship contract with Ryan Lochte. Speedo initially said it was following the situation and that it has a policy not to comment on ongoing legal investigations. While there have been conflicting versions over whether the guards pulled their weapons on the swimmers, Lochte has since acknowledged he was highly intoxicated and ...

Urjit Patel appointed new RBI governor, to replace Raghuram Rajan

Patel will take over as the 24th governor of the RBI on 5 September, a day after Raghuram Rajan ends his term as RBI governor, for a three-year term. "I think the latter makes sense and Urjit Patel fits the bill here". It reassures both debt and equity market for continuity in policy making at the RBI.

Rock Style a la John Varvatos X GNR

Limited Edition Not In This Lifetime Tour merchandise, hand-painted leather jackets and more will be available for purchase. The pop-up shop's kick off event runs 3 PM to 7PM Aug. Rock fans have been speculating about a New Zealand Guns N' Roses gig for weeks. Those without tickets might get lucky, as all guests can enter to win one of two packages being drawn at the event: each includes two concert tickets and two "Welcome to the Jungle" pit experiences, valued at $2,000.

Tunisian wins bronze in wrestling

Icho is relatively unknown outside the wrestling strongholds that tend to vie for Olympic medals. China's Sun Yunan won the first 48kg bronze medal match, over Zhuldyz Eshimova of Kazakhstan, in just 54 seconds, and the second bronze went to Elitsa Yankova for Bulgaria's first medal in Rio.

Mets pitcher Bartolo Colon draws 1st career walk in 282 PAs

I really couldn't do much more at that point". There are a lot of words you could use to describe Bartolo Colon's 2016 season. Walker is now one home run away from his career high with nearly six weeks to go in the season. Zack Wheeler's appointment with Dr. James Andrews will occur Wednesday. "We didn't make a play, and after that they had four hits", Mets manager Terry Collins said.

Feds roll out rules to cut truck pollution

In addition, the new rule will save truck operators more than $170 billion annually, and the average US household will spend about $150 less per year on shipped goods. "Ford has spent more than $1 billion to get the truck into compliance, yet it is still not in full compliance". The new regulations issued by the U.S.

Apple: 10 key takeaways from CEO Tim Cook's latest interview

Apple CEO Tim Cook sat down with the Washington Post for a rare, lengthy interview to discuss the company, and, even more sparsely discussed, himself. "There's an incredible responsibility to the employees of the company, to the communities and the countries that the company operates in, to people who assemble its products, to developers, to the whole ecosystem of the company".

Weekend Box Office: 'Sausage Party' Feasts on $33.6M; 'Pete's Dragon' Flounders

Disney's Pete's Dragon was in third with $21.5 million (£16.6 million). Written and directed by David Ayer based on the characters from DC Comics, the film stars Will Smith (" Ali "), Jared Leto ("Dallas Buyers Club"), Margot Robbie (" The Wolf of Wall Street "), Joel Kinnaman ("RoboCop") and Viola Davis (" The Help ").

Jewish donor slams UK Labour leader Corbyn and his 'Nazi stormtroopers

It follows a public slap down in which Jeremy Corbyn accused his deputy of talking "nonsense" - pointing out that the number of new recruits who have joined Labour in the past is nearly certainly greater than the entire membership of every far left grouplet in the UK.

'Sausage Party' Feasts on the Box Office

That doesn't mean Suicide Squad is a slouch. The studio was expecting a first weekend tally of about $25 million, while Doug Stone of Box Office Analyst was projecting $29 million to $ 33 million and a total domestic box-office haul of as much as $120 million through its full run.

Ankara's convergence with Moscow may dramatically estrange Turkey from West

Turkey has demanded the US extradite Islamic leader Fethullah Gulen, now living in Pennsylvania, whom the Turks say is responsible for the failed coup. "Do we want a full-spectrum restoration of relations?" After long blaming Russian Federation for entering Turkish airspace and refusing to apologize, Erdogan apologized last month.