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Heavy floods crash into Ellicott City; major damage on Main Street

More than five inches of rainfall hit a Maryland city on Saturday night, causing several road closures and emergency evacuations. Kittleman says the damage sustained during the flooding Saturday night was the worst in at least 50 years and possibly...

U.S. authorities investigate Fiat Chrysler over sales figures

However, quarterly net revenues and worldwide shipments declined from a year ago. However when including a one-time charge of €414 million related to the Takata airbag recall, net income slid 14 percent to €1.1 billion ($1.2 billion). The company...

Fiat Chrysler recalls 410000 vehicles

The revision comes as two federal agencies investigate whether the company inflated sales by pressing dealers to buy more vehicles. Fiat Chrysler said it did not deliberately misstate sales numbers, but pointed to various practices that led to in...

Million Child-Bearing Women in Latin America Could Get Zika

According to a report in Medscape by Laurie Barclay, "The CDC update reflects emerging data indicating that Zika virus RNA can be detected in blood and urine for prolonged periods (longer than the previously recommended 7-day window for testing af...

Meet the Verizon Woman Behind the Yahoo Deal

USA telecoms giant Verizon Communications Inc. has agreed to purchase the core web assets of Yahoo! , for around $4.8bn. Yet Verizon seems determined to be more than just a carrier, and its deal for Yahoo and last year's acquisition of anoth...

Obamacare Premiums Set to Jump 13.2 Percent in This State

The 13.2 percent average hike for Covered California this year comes after Sacramento Democrats had been claiming that the 4 percent hike in 2016 and 4.2 percent in 2015 in California had proved that Obamacare's nationalization of 17 percent of the...

Delta flight mistakenly lands at base in South Dakota

After realizing the error and coordinating with officials, the flight re-departed for Rapid City on Thursday night. Delta offered a gesture of apology to the passengers, the airline said . The pilots were fired after that incident. Greenberg's s...

Super-typhoon Nepartak takes aim at Taiwan

The islands will also be subject to coastal flooding, especially near and north of Nepartak's track. Evacuation orders have been set out on the islands and residents have been advised to follow them, as well as making other preparations. It is stil...

China-backed AIIB approves $509 million for first four projects

The Abu Dhabi Fund for Development (ADFD) was chosen to represent the UAE in the AIIB, as well as coordinate and manage projects implemented through this partnership. The three other approved loans are a $ 216.5 million loan for Indonesia, $ 165 mill...

Rep. Lewis On Gun Violence: 'We Are Blind To A Crisis'

The House Speaker said, "This isn't trying to come up with a solution to a problem". Republicans fiercely resisted the Democratic pressure, saying their colleagues had accomplished nothing other than disrupting the business of the House to score po...

Solar-Powered Plane Makes It Across the Atlantic

Batteries overheated during the Pacific Ocean crossing, but subsequent flights to California, and across the United States, were free of reported technical issues. It's incredibly environment-friendly and just proves that renewable technology is the ...

Nigeria central bank floats embattled naira currency

Inflation in Nigeria rose to a more than six-year high in May, official figures showed Tuesday, heaping pressure on the government to loosen restrictive currency controls. He said the new mechanism would enable businesses plan their portfolio effecti...

National Hockey League officially set to expand to Las Vegas

Vegas is the largest American city (2.2 million people) without a professional sports team. The NHL's Board of Governors will meet on June 22 in Las Vegas ahead of its annual awards ceremony where a decision on expansion could be finalized.

France Soldiers Stop Robbery, Serve Up Some Justice at McDonald's

According to The Telegraph , around 40 customers of a McDonald's restaurant in Besancon had their not-so-Happy Meals terrifyingly interrupted by two men with a shotgun. And having ignored orders to drop his weapon, the other was shot in the abdomen ...

Automakers still selling new cars fitted with faulty Takata airbags

So far, at least 100 injuries and 13 deaths have been linked to the airbag defect. Moisture contamination of the ammonium nitrate propellant is one factor officials have identified as a reason why Takata inflators have ruptured. GM also continues its...

Asian shares fall as Fed rate hike seen as less likely

Wall Street looked set to follow suit and rebound from the declines triggered by Friday's non-farm payrolls data, according to index futures ESc1 SPc1 1YMc1 . Most Asian markets rose Monday (Jun 6) while the dollar clawed back some of its hefty losse...

Pre-monsoon showers in Bhubaneswar cause heavy water-logging

Anything less than 90 per cent of the LPA is termed as a "deficient" monsoon and 90-96 per cent of the LPA is rated as "below normal". In its earlier forecast for this year, the IMD had estimated that there was a 92 percent chance of India receivin...

Scotiabank Profit Falls 12% on Restructuring Costs for Job Cuts

Medtronic Plc (MDT), the medical devices maker said revenues in the fourth-quarter ending on April 29 jumped 4% from a year ago to $7.57 billion. DekaBank Deutsche Girozentrale now owns 225,045 shares of the company's stock valued at $9,346,000 afte...

White Sox blow 4-run lead, lose fourth straight

White Sox right-hander Miguel Gonzalez allowed three runs and eight hits in 6 1-3 innings, but the bullpen could not hold the lead. When White Sox ace Chris Sale left with a two-run lead after seven innings, Royals first baseman Eric Hosmer ha...

Striking Verizon workers to return Wednesday; deal inked

Workers will also get a $1,250 signing bonus in the Mid-Atlantic, and a $1,000 signing bonus plus $250 healthcare reimbursement account in the Northeast, plus at least $700 in corporate profit sharing payments each year over the next four years.

Verizon, unions reach deal in principle for 4-year contract

Though Bittner insisted that "lawful picketing is not limited to replacement workers", she acknowledged union workers were advised to take a "small hiatus" from job actions outside motels. Striking AT&T; customer service workers in San Diego returned ...

Bank of India Q4 loss widens to Rs 3587 cr

THE country's largest gas transmission and marketing company Gail Authority of India Limited on Wednesday reported a 51 percent jump in net profit for the fourth quarter of FY16, primarily on higher natural gas trading volumes. The carrying amount of...

New home sales soar 16.6% in April to 8-year high

The housing market is being underpinned by a tightening labor market, which is starting to lift wages, a well as still very low mortgage rates. The sharp gains in new-home sales were driven by a 323 percent year-over-year increase in the Northeast ...

Cool weather aids wildfire fight in Alberta

However, Morrison said that firefighters "continue to hold the line", protecting all populated areas, including Gregoire Lake Estates, Fort McMurray First Nation, Anzac and the city. Though no rain is forecast this week, weather conditions should b...

Earnings Estimates Report: Herbalife Ltd. (HLF)

Pershing Square Capital Management LP, Bill Ackman's hedge fund, is notoriously bearish on HLF and has waged a messy public battle against the company. The company was not immediately available for comment on the CNBC report. "I'd go find another job...

Herbalife says it is in advanced talks with FTC

Based on the most relevant historical data, there is a 56 percent probability for share price to go up following the next earnings report. Sales of $1.1 billion in the first quarter were up 1 percent over previous year. In a filing Thursday, the co...

A Trump proposal for national debt would send rates soaring

Some top Republican leaders - US House Speaker Paul Ryan among them - have still expressed wariness about Mr Trump, who became the party's presumptive nominee this week when two Republican rivals dropped out of the White House race. "Now you ar...

Wells Fargo Championship Preview

There are some that will be cautious of spending so much money on McIlroy given his recent form but he has absolutely dominated in the past at Quail Hollow so this week could be the ideal opportunity for a breakout performance. Quail Hollow has not...

Colorado's battle over regulating fracking shifts to ballot

Accordingly, the court holds that Longmont's fracking ban is preempted by state law and, therefore, is invalid and unenforceable. The ruling applied to two cases, one over a 2012 ban on fracking in Longmont and another over a five-year fracking ...

RBA Cuts Rates to 175

In the RBA's statement released after the announcement, Governor Stevens said the decision to cut the cash rate was because "inflationary pressures are lower than expected". Lamont explains, "if your lender fails to pass on the RBA's rate cut, don'...

Saudi government plans restructure of economy, government

It also plans to increase the participation of women in the workplace. But it was left to the king's powerful son, Deputy Crown Prince Mohammed bin Salman, to spell out details in an interview aired shortly after the announcement on Saudi-owned bro...

VW to spend up to $8.8 billion on diesel buybacks, fixes

VW set aside 16.2 billion euros ($18.2 billion) to cover the costs of the cheating, up from the previous amount of 6.7 billion euros, Europe's largest carmaker said in a statement on Friday. Some 11 million VW cars are thought to have been affected b...

Rosberg on pole in Russia

Rosberg and Vettel will be joined by Williams' Valtteri Bottas and Vettel's Ferrari team mate Kimi Raikkonen in the front two rows. Rosberg can win his seventh race in succession and fourth of the season on Sunday. "But we need to discuss with th...

IN governor Mike Pence to endorse Ted Cruz

Whether the last minute toss by Cruz into the end zone saves his campaign remains to be seen. Donald Trump, who now has double the number of delegates as Cruz and who appears to be destined to represent the Republican Party in the General Ele...

Iran promises oil production increases despite supply glut low prices

According to the statement, the meeting had 18 countries in attendance, including Qatar, Kuwait , Oman, Saudi Arabia , Nigeria , Russia , Mexico and Ecuador. Iraq's crude production, including from fields in the semi-autonomous northern Kurdis...

After days of carnage, Syrian city of Aleppo mostly calm

Syrian state television said people had been killed and wounded and a building set on fire during shelling of government-held quarters in Aleppo , which included a hit on a mosque as people were leaving Friday prayers. "Our hope is by refreshing...

Flight from Virginia makes emergency landing in Philadelphia

Lupica said the cause of the reported smoke was under investigation. The American Eagle flight 4801 departed from the Richmond International Airport in Virginia after the report was made passengers and crew members evacuated the plane into Philadel...

Israeli forces shoot dead two Palestinians in West Bank

When they were ordered to stop, the woman pulled a knife out of her bag and waved it at an officer near her, the police statement said. A Palestinian woman disputes with Israeli forces at the Qalandiya checkpoint, where two Palestinians were shot d...

Valeant CEO says he, company were 'too aggressive' in boosting drug prices

McCaskill, however, questioned why Ackman failed to analyze Valeant's drug-pricing record more closely before launching his hedge fund's multi-billion dollar investment in the company. "Actions speak louder than words", Mr. Ackman said. McCaskill a...

Five things to know about Mitsubishi scandal

Separately, the Mainichi daily reported President and chief operating officer Tetsuro Aikawa has made a decision to step down. Mitsubishi since 1991 relied on a "high-speed coasting test" instead of the "coasting test required by the applicable l...

Pension fund deficit could deter potential Tata buyers, claims Business Secretary

The UK government has said it would consider taking a stake in Tata Steel UK. A few weeks ago, Tata Steel announced it planned to pull out of the United Kingdom and was putting its assets up for sale, with tens of thousands of jobs at risk.

You're going to be pissed about Uber's new cancellation window

A new program that is now being developed by Uber will charge a fine if the passenger doesn't show up or if the driver is circum to wait for two or more minutes. Uber announced a new pilot program in four major cities to test stricter waiting tim...

GM to make investments at Tennessee and Michigan factories

General Motors announced Wednesday it's investing $118 million at its Bay City Powertrain site, creating 29 job and retaining 67 positions. Bil Haslam, on hand for the announcement, said: "Tennessee has an incredibly strong business climate, and we...

How the Dow Jones industrial average fared on Monday

The company said a unit of Nova Scotia-based Chorus Aviation Inc has signed an agreement to buy five CRJ900 aircraft with an option to buy an additional five. He said it is encouraging for market bulls that the S&P; is holding near the record high it ...

Markets Right Now: Asian stocks fall on central banks watch

Most of the large moves on Tuesday were tied to mixed corporate earnings reports. Trucking company Ryder System rose 5 percent after reporting results that were better than analysts had expected. Asia began the day on the back foot, with the Nikkei ...

Annual home-price growth cools a bit in metro Denver

Blitzer said in the report. A closely watched set of indices updated Tuesday indicated that prices are climbing more gradually across much of the country. House prices in the Cleveland area are climbing at a faster annual rate, even as nationwide p...

Oil prices tumble 5% amid OPEC production dispute

One way to bet on declining oil prices is through Horizons BetaPro NYMEX Crude Oil Bear Plus (ETF) (TSX: HOD). "We respect their (Iran's) position ... "We can't cooperate with them to freeze our own output , and in other words impose sanctions o...

Oil falls after rally fuelled by output freeze hopes

Oil prices took a breather in Asia today after sharp gains fuelled by reports of an agreement between Saudi Arabia and Russian Federation on freezing output ahead of a key producers' meeting. Prices slumped by about three quarters to below $30 betwee...

Blue Man Group Cancels North Carolina Shows Over Anti-LGBT Law

Meyer said he expects to see several long-serving Republicans who are retiring after this session to attempt to push through pieces of legislation that they have had on their "to-do list". A news release Sunday by Equality North Carolina says the g...

Biden mum on whether he voted Clinton or Sanders

Bernie Sanders was in Baltimore, where he continued to criticize Clinton for being supported by Wall Street and million-dollar PACs, or political action committees. The war in Iraq has been devastating. The Republican presidential primary candidate...

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Breaking News

Investors take fright at rising chances of Trump US election win

Most Asian stocks struggled higher on Monday but investors were rattled by news that the Federal Bureau of Investigation is planning to review more emails related to Democratic pr...

Baylor sexual assault scandal: Police reports not shared, new policies delayed

In a closed-door meeting before Briles was sacked , he tearfully said he "delegated down, and I know that I shouldn't have" but didn't admit specific wrongdoing, regents told the...

FY2016 EPS Estimates for Marathon Petroleum Corp. Decreased by Analyst (MPC)

Bartlett Lc holds 0% of its portfolio in Marathon Petroleum Corp (NYSE:MPC) for 782 shares. Marathon Petroleum Corp (NYSE:MPC) announced the earnings results for Fiscal Year 2016...

Mourinho charged by FA for 2nd time in a week

Only last Thursday Mourinho was charged with misconduct over comments about referee Anthony Taylor ahead of United's goalless draw against arch-rivals Liverpool. Mourinho felt Jon ...

New solar tiles from Tesla

My favourite is certainly the Smooth Glass Tile modern look which is flat and actually shows as opaque from the street, but the angle to the sun is transparent, allowing the sola...

AT&T; Set To Take Over Time Warner for Close to $86bn

And secondly, whether AT&T; will favour its own content over others that it's carrying. AT&T; has been keen to add more content and original programming as it gears up to launch ...

Opec, non-members discuss production cuts

Moreover, he expressed his appreciation of the agreements on oil output freeze reached in Algeria, opening remarks, published on the official OPEC website following meeting of the ...

GOP wants new numbers on ObamaCare subsidies after premium hikes

Recently, it was confirmed by the US administration that the premium for affording healthcare insurance under President Obama's signature Affordable Care Act, more commonly referr...

Saints' Unger valued in New Orleans, missed in Seattle

Salk remembers Unger, a veteran with lifelong ties to the Pacific Northwest, looking and sounding miserable over the trade. "I'll take a peek at him", Strief said. Brandin Cooks ...

BAT offers to buy Reynolds in $47 billion tobacco deal

The cash-and-shares offer would see BAT purchase the 57.8-percent of Reynolds American that it does not already own. It added that current Reynolds shareholders other than BAT ...

Special Reports

Macau Stocks Rise Despite China Arrests

Macau Stocks Rise Despite China Arrests

It is understood the visiting executive Jason O'Connor, who heads up Crown's VIP International Team as well as the vast majority of Crown's China based employees, has been arrested...

Athletes to Trump: That's not how our locker room talks

Athletes to Trump: That's not how our locker room talks

Donald Trump's bragging teaches young men that they can get away with it-and your silence means you stood by and watched. Count LeBron James among those that don't agree with Tr...

UK PM offers MPs Brexit scrutiny

The process will take up to two years, involving complex debates about issues such as immigration and access to the European single market. The pound rebounded slightly on Wednes...

Yahoo's Email Hack Could Cause Verizon To Abandon $4.8 Billion Deal

Yahoo's Email Hack Could Cause Verizon To Abandon $4.8 Billion Deal

Yahoo agreed in July to sell its core assets to Verizon for $4.8 billion, ending a 20-year run as an independent company for the internet pioneer. The Times, quoting an unnamed...

Eagles tackle Lane Johnson hit with 10-game suspension

Eagles tackle Lane Johnson hit with 10-game suspension

As for Johnson, he is now forced to stay away from the NovaCare Complex for the next 10 week. The only reason that Eagles' lineman Lane Johnson has been playing this year is ...