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Suspects in Easter Sunday bombings in Sri Lanka still at large, may be carrying explosives

Suspects in Easter Sunday bombings in Sri Lanka still at large, may be carrying explosives At least 58 people have been detained in connection with the Easter bombings in Sri Lanka, among the world's worst terrorist attacks since 9/11.


Drugmakers Astellas, Amgen to pay $125 million in U.S. charity kickback probe

Drugmakers Astellas, Amgen to pay $125 million in U.S. charity kickback probe Two drugmakers will pay nearly $125 million to settle claims they used charities that help cover Medicare patients' out-of-pocket drug costs as a way to pay kickbacks aimed at encouraging the use of their medications, the U.S. Justice Department said on Thursday. The department said Astellas Pharma and Amgen Inc were the latest pharmaceutical companies to settle claims stemming from an industry-wide probe of drugmakers' financial support of patient assistance charities. Astellas will pay $100 million while Amgen will pay $24.75 million, the department said.


Microsoft Edges Toward $1 Trillion Valuation on Results Beat

Microsoft Edges Toward $1 Trillion Valuation on Results Beat The two tech giants, along with Amazon.com Inc., are all within striking distance of the symbolic $1 trillion mark as their stocks have rallied this year. Net income was $8.8 billion, or $1.14 a share, compared with an average analyst estimate of $1 a share, according to data compiled by Bloomberg. The fiscal third quarter featured a flurry of large brands, particularly in retail, signing agreements to use Microsoft’s Azure cloud software.


Microsoft Edges Toward $1 Trillion Valuation on Results Beat

Microsoft Edges Toward $1 Trillion Valuation on Results Beat The two tech giants, along with Amazon.com Inc., are all within striking distance of the symbolic $1 trillion mark as their stocks have rallied this year. Net income was $8.8 billion, or $1.14 a share, compared with an average analyst estimate of $1 a share, according to data compiled by Bloomberg. The fiscal third quarter featured a flurry of large brands, particularly in retail, signing agreements to use Microsoft’s Azure cloud software.


‘Land No One Else Wants’ Gets Solar as Coal, Nukes Die

‘Land No One Else Wants’ Gets Solar as Coal, Nukes Die From Appalachia in the U.S. to Queensland in Australia and Chernobyl in Ukraine, solar and wind farms are being developed or built in places not normally associated with clean energy, and in some regions long resistant to it. Slapping solar panels atop so-called brownfield sites, land that housed mines, emissions-belching power plants or were tarnished by nuclear disaster, can be cheaper than decontaminating the ground and turning it into parkland.


Alarm Sounds for World Growth as Bellwether Economy Contracts

Alarm Sounds for World Growth as Bellwether Economy Contracts A separate report showed global trade volumes are falling at the fastest pace in a decade. Hot on the heels of the surprise reading from Korea, the Bank of Japan warned of "high uncertainties" in its outlook for growth as it pledged to keep interest rates at rock bottom levels through at least spring of 2020. The BOJ now projects that it won’t hit its 2 percent inflation target at least through March 2022, which will be nine years since Governor Haruhiko Kuroda launched his radical program to reflate prices.


Did AMERCO (NASDAQ:UHAL) Use Debt To Deliver Its ROE Of 10%?

Did AMERCO (NASDAQ:UHAL) Use Debt To Deliver Its ROE Of 10%? While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. We'll use ROE to examine AMERCO (NASDAQ:UHAL), by...


Snap hires McDonald's executive as first marketing head

Snap hires McDonald's executive as first marketing head Snapchat parent Snap Inc on Thursday named McDonald's marketing head Kenny Mitchell as its first chief marketing officer, as the company seeks to attract new users to its platform. Prior to his role at McDonald's, Mitchell served as head of consumer engagement at Gatorade. Mitchell, who will lead all consumer and product marketing programs at Snap, will also be part of its senior leadership team and report to Chief Executive Officer Evan Spiegel, the company said in a statement.


Inside Maker DAO: leadership conflict over direction fuels multiple departures

Inside Maker DAO: leadership conflict over direction fuels multiple departures It hasn't been a stable couple of months for stablecoin project Maker, as insiders squabble over the future of the Ethereum project, sources close to project tell The Block.The post Inside Maker DAO: leadership conflict over direction fuels multiple departures appeared first on The Block.


'We are nervous': Masses canceled in Sri Lankan capital amid fears of more suicide bombings

'We are nervous': Masses canceled in Sri Lankan capital amid fears of more suicide bombings Despite the arrest of dozens of suspects in Sri Lanka's Easter massacre, the nation remained fearful over the possibility of new attacks this weekend.


Ghosn Freed on Bail Again After Being Jailed on New Charges

Ghosn Freed on Bail Again After Being Jailed on New Charges Ghosn was freed late Thursday after prosecutors’ last-ditch appeal of his release was rejected by the Tokyo district court. Unlike the last time he was released, Ghosn wore no disguise. Ghosn was detained for a second time on April 4, cutting short almost a month of freedom after previously paying $9 million in bail.


Stocks Slump as Industrial Rout Overshadows Tech: Markets Wrap

Stocks Slump as Industrial Rout Overshadows Tech: Markets Wrap A drop in industrial shares overshadowed gains in technology stocks, sending major U.S. equities gauges lower as the dollar extended gains to a four-month high. The Stoxx Europe 600 slipped on a mixed day for bank earnings and as two major European mergers appeared to founder. Treasuries were steady after solid U.S. durable goods data, and most European sovereign bonds slid.


Is Zoetis Inc.'s (NYSE:ZTS) CEO Pay Fair?

Is Zoetis Inc.'s (NYSE:ZTS) CEO Pay Fair? Juan Alaix has been the CEO of Zoetis Inc. (NYSE:ZTS) since 2012. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big companies. Next, we'll consider growth that t...


Why Ford Is Investing $500 Million in Electric-Truck Startup Rivian

Why Ford Is Investing $500 Million in Electric-Truck Startup Rivian A good deal for both sides.


Goldman, Bank of England Targeted in New London Climate Protest

Goldman, Bank of England Targeted in New London Climate Protest Marchers with whistles, megaphones and drums halted traffic outside Goldman’s offices on Fleet Street mid-morning local time, after at least seven people were arrested for gluing themselves to the main entrance of the LSE, temporarily blocking access. In the afternoon a group of 50 activists demonstrated in front of the central bank, seeking to hold up traffic.


Is ICF International, Inc.'s (NASDAQ:ICFI) ROE Of 9.3% Impressive?

Is ICF International, Inc.'s (NASDAQ:ICFI) ROE Of 9.3% Impressive? One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. We'll use ROE to examine ICF I...


Microsoft tops trillion-dollar mark for first time

Microsoft tops trillion-dollar mark for first time Microsoft hit the trillion-dollar value mark Thursday for the first time, becoming the third technology giant to reach the symbolic milestone. Shares in Microsoft rallied some five percent to $130.59 in early Wall Street trade after a robust earnings report a day earlier. At its current levels, Microsoft is the world's most valuable company, ahead of Apple and Amazon, which last year topped $1 trillion before slipping back.


Blue Apron Q1 Earnings Have Low Expectations

Blue Apron Q1 Earnings Have Low Expectations The meal-kit maker still has a problem showing how it intends to grow the business.


Is Hemisphere Media Group, Inc.'s (NASDAQ:HMTV) CEO Paid Enough Relative To Peers?

Is Hemisphere Media Group, Inc.'s (NASDAQ:HMTV) CEO Paid Enough Relative To Peers? Alan Sokol became the CEO of Hemisphere Media Group, Inc. (NASDAQ:HMTV) in 2013. First, this article will compare CEO compensation with compensation at similar sized companies. Then we'll look at a snap shot of the busin...


New capital for Tesla will come at a cost

New capital for Tesla will come at a cost After unveiling a $700 million loss in the first quarter, Musk conceded on Wednesday evening that he needed to pull in more capital for the car world's highest profile venture of recent years. Seven Wall Street brokerages asked by Reuters said they expected Musk to tap investors for between $1 billion and $3 billion in the near future. The results also stressed the company's paying off of $920 million in existing debt in the first quarter, but bond yields in the company surged on the news, while shares fell, as investors began to price in what that might cost.


LKQ Looks to Overcome Tough Industry Conditions

LKQ Looks to Overcome Tough Industry Conditions The auto parts company is seeing pressure in both North America and Europe.


If You Had Bought TriState Capital Holdings (NASDAQ:TSC) Stock Five Years Ago, You Could Pocket A 80% Gain Today

If You Had Bought TriState Capital Holdings (NASDAQ:TSC) Stock Five Years Ago, You Could Pocket A 80% Gain Today Stock pickers are generally looking for stocks that will outperform the broader market. Buying under-rated businesses is one path to excess returns. For example, long term TriState Capital Holdings, Inc. (NASDAQ:TSC) sharehol...


Over 20 crypto heavyweights put heads together to plan institutional uptake; clearinghouse initiative set for July

Over 20 crypto heavyweights put heads together to plan institutional uptake; clearinghouse initiative set for July Two dozen key players from the likes of Circle, Coinbase and Galaxy Digital came together for a major brainstorming effort on how to make crypto “part of the world’s financial architecture” in mid-January, Bloomberg reports.The post Over 20 crypto heavyweights put heads together to plan institutional uptake; clearinghouse initiative set for July appeared first on The Block.


Could Biomerica, Inc.'s (NASDAQ:BMRA) Investor Composition Influence The Stock Price?

Could Biomerica, Inc.'s (NASDAQ:BMRA) Investor Composition Influence The Stock Price? The big shareholder groups in Biomerica, Inc. (NASDAQ:BMRA) have power over the company. Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies...


Malta AI & Blockchain Summit getting wrapped up for the May show

Malta AI & Blockchain Summit getting wrapped up for the May show The Malta AI & Blockchain Summit is expected to bring a whopping 5000 delegates, 700 investors, 300 exhibitors and 100 startups to convene for a grand show at the Hilton in St Julian’s, Malta. Leading up to the show, the AIBC has also organised a roadshow of exclusive C-level dinners under the iconic heading Knights of Blockchain. The Knights of Blockchain dinners are lavish invite-only events with no expense spared in the company of 200 C-level Executives from the industry. From Manila in March to Tel Aviv on April 2nd and Stockholm on April 10th. The AIBC has also expanded with new offices in Manila and Dubai. “We are moving beyond the hype by discussing not only Blockchain but also The post Malta AI & Blockchain Summit getting wrapped up for the May show appeared first on Coin Rivet.


Contamination Halts Russian Oil Flows to Parts of Europe

Contamination Halts Russian Oil Flows to Parts of Europe Poland, which receives oil through a northern section of the giant Druzhba pipeline, stopped Russian imports, saying shipments have become contaminated by organic chlorides. Barrels were still flowing through a separate spur feeding several nations in eastern and central Europe. “The level of contamination could cause physical damage to refining facilities,” Poland’s pipeline operator PERN SA said late Wednesday.


Does Evercore Inc. (NYSE:EVR) Have A Volatile Share Price?

Does Evercore Inc. (NYSE:EVR) Have A Volatile Share Price? If you're interested in Evercore Inc. (NYSE:EVR), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. Modern finance theory considers vola...


Make a home down payment without wrecking your finances

Make a home down payment without wrecking your finances Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of building equity more quickly.


Feds issue new warning to doctors: Don't skimp too much on opioid pain pills

Feds issue new warning to doctors: Don't skimp too much on opioid pain pills The Centers for Disease Control and Prevention said many physicians were guilty of a "misapplication" of 2016 opioid prescribing guidelines.


E. coli outbreak results in another ground beef recall, lawsuit filed against meat producer

E. coli outbreak results in another ground beef recall, lawsuit filed against meat producer A person sickened by eating E. coli tainted ground beef has filed a lawsuit against the meat processor. Also, another beef recall has been announced.