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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.


Sudan risks counter coup without deal on transition: opposition leader

Sudan risks counter coup without deal on transition: opposition leader Mahdi, Sudan's last democratically elected premier, said hardliners in ousted president Omar Hassan al-Bashir's National Congress Party (NCP) and its allies in the army would try to exploit the uncertainty to seize power. All the time they are conspiring," Mahdi, 83, said in an interview with Reuters at his home in the capital Khartoum. The conspiratorial mind is ingrained in them." Mahdi was himself overthrown in a bloodless coup by Bashir in 1989 and imprisoned.


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.


Binance Coin (BNB) Rampages Again, Gains Staggering 287% in 2019

Binance Coin (BNB) Rampages Again, Gains Staggering 287% in 2019 By CCN.com: Binance Coin (BNB) is the best performing crypto asset in the global market with the exception of cryptocurrencies that launched in 2019. According to OnChainFX, BNB was the only crypto asset to achieve an all-time high this year since 2017 and it is down about 9 percent from its record high. In contrast, bitcoin, which has performed relatively well throughout the past year, is down about 73 percent from its all-time high. Most ERC20 tokens in the market are down about 90 to 99 percent against the U.S. dollar. Why Binance Coin (BNB) Appealed to Crypto Investors Throughout


Sorry, but you're grilling your burgers wrong, and it could kill you

Sorry, but you're grilling your burgers wrong, and it could kill you Chances are, ground beef is in your fridge as you read this. Any one of the 400 animals it took to make your burger could have been contaminated.


Introducing Chesapeake Utilities (NYSE:CPK), The Stock That Zoomed 115% In The Last Five Years

Introducing Chesapeake Utilities (NYSE:CPK), The Stock That Zoomed 115% In The Last Five Years When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far more than 100% on a really good stock. One great example is Chesapeake Utilities Corporation (NYSE:CPK...


'I smiled in the face of bigotry': A woman's response to anti-Islam protesters goes viral

'I smiled in the face of bigotry': A woman's response to anti-Islam protesters goes viral A group of anti-Islam protesters gathered at a conference in Washington, D.C. One woman's reaction: 'I smiled in the face of bigotry.'


Google Assistant Wants to Read to Your Kids Everywhere Your Family Goes

Google Assistant Wants to Read to Your Kids Everywhere Your Family Goes Google Assistant Wants to Read to Your Kids Everywhere Your Family Goes


MyEtherWallet’s Brian Norton explains why they’re ‘doubling down’ on Ethereum this year

MyEtherWallet’s Brian Norton explains why they’re ‘doubling down’ on Ethereum this year Exuding personality and warmth, MyEtherWallet COO Brian Norton is bubbling over with enthusiasm about the company’s latest developments. It’s not really surprising. Anyone who regularly uses ETH will have noticed MEW’s complete design overhaul, something Norton calls a “night and day step forward in user experience”. But there are so many other projects afoot that many users may not be aware of. I sat down with Norton at the Paris Blockchain Week Summit last week to find out what brings the company’s COO to Paris, what he’s most excited about, and why he’s so confident in the longevity of Ethereum. Check it out. MyEtherWallet has a lot of products in the pipeline MyEtherWallet’s EthVM blockchain explorer was released into alpha The post MyEtherWallet’s Brian Norton explains why they’re ‘doubling down’ on Ethereum this year appeared first on Coin Rivet.


Why Not Us? Uber Drivers Unite As Executives Prepare To Profit From IPO

Why Not Us? Uber Drivers Unite As Executives Prepare To Profit From IPO Why Not Us? Uber Drivers Unite As Executives Prepare To Profit From IPO


Aeroportuario del Sureste's Diversification Strategy Paid Dividends in Q1

Aeroportuario del Sureste's Diversification Strategy Paid Dividends in Q1 The Latin American airport operator benefitted from rising passenger traffic at its recently acquired airports.


UK regulator blocks Sainsbury's $9.4 billion Asda takeover

UK regulator blocks Sainsbury's $9.4 billion Asda takeover Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco. The Competition and Markets Authority (CMA) ruling is also a major setback for Sainsbury's Chief Executive Mike Coupe, the architect of the deal and the group's boss since 2014. "The CMA's conclusion that we would increase prices post-merger ignores the dynamic and highly competitive nature of the UK grocery market.


UK regulator blocks Sainsbury's $9.4 billion Asda takeover

UK regulator blocks Sainsbury's $9.4 billion Asda takeover Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco. The Competition and Markets Authority (CMA) ruling is also a major setback for Sainsbury's Chief Executive Mike Coupe, the architect of the deal and the group's boss since 2014. "The CMA's conclusion that we would increase prices post-merger ignores the dynamic and highly competitive nature of the UK grocery market.


Term Sheet April 25, Uber and Income Inequality, IPO Taxes, Deutsche Bank's Merger Death,

Term Sheet April 25, Uber and Income Inequality, IPO Taxes, Deutsche Bank's Merger Death, Term Sheet April 25, Uber and Income Inequality, IPO Taxes, Deutsche Bank's Merger Death,


Bombardier shares tank 18% after it cuts profit, revenue forecasts

Bombardier shares tank 18% after it cuts profit, revenue forecasts (Reuters) - Canada's Bombardier Inc cut its full-year profit and revenue forecasts on Thursday, as its key railcar-making unit wrestled with delivery delays and manufacturing challenges relating to a few large projects, sending its shares plummeting more than 18 percent in early trading.


Brent oil hits $75 for first time in 2019 as Russian exports cut

Brent oil hits $75 for first time in 2019 as Russian exports cut Brent oil rose above $75 per barrel on Thursday for the first time this year as quality concerns forced the suspension of some Russian crude exports to Europe while the United States prepared to tighten sanctions on Iran. Brent crude futures were at $74.95 by 1344 GMT, up 38 cents. It hit a session high of $66.28 earlier, but rising U.S. crude inventories weighed prices down.


Brent oil hits $75 for first time in 2019 as Russian exports cut

Brent oil hits $75 for first time in 2019 as Russian exports cut Brent oil rose above $75 per barrel on Thursday for the first time this year as quality concerns forced the suspension of some Russian crude exports to Europe while the United States prepared to tighten sanctions on Iran. Brent crude futures were at $74.95 by 1344 GMT, up 38 cents. It hit a session high of $66.28 earlier, but rising U.S. crude inventories weighed prices down.


Brexit discontent drives new grassroots push for Scottish independence

Brexit discontent drives new grassroots push for Scottish independence Scots rejected independence in a 2014 referendum and support since then has stuck at around 45 percent, opinion polls say. "Voices for Scotland", a crowd-funded initiative with about 100,000 participants, will try to boost support for secession to 60 percent via a clipboard-wielding army of activists who aim to cover the whole of Scotland. "It's about conversations with people you trust," said professor Iain Black from Stirling University, who has compiled research for the group and took part in a news conference.


How Much Of Solo Oil Plc (LON:SOLO) Do Insiders Own?

How Much Of Solo Oil Plc (LON:SOLO) Do Insiders Own? Every investor in Solo Oil Plc (LON:SOLO) should be aware of the most powerful shareholder groups. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decrease their owners...


Why Macro Enterprises Inc. (CVE:MCR) Is An Attractive Investment To Consider

Why Macro Enterprises Inc. (CVE:MCR) Is An Attractive Investment To Consider Macro Enterprises Inc. (CVE:MCR) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of MCR, it is a company t...


US manufacturer 3M says to cut 2,000 jobs on slowing demand

US manufacturer 3M says to cut 2,000 jobs on slowing demand US industrial products manufacturer 3M announced Thursday it will cut 2,000 jobs worldwide, citing weakness in key markets that led to a drop in first-quarter sales. 3M, which makes a wide variety of industrial goods and tools as well as everyday items such as the ubiquitous stick-and-remove Post-It notes, also slashed its full-year profit forecast. Most of 3M's business segments lost sales in the first quarter, with the steepest declines in industrials, products that include structural adhesives, insulation components, electronics and energy.


U.S. Business-Equipment Orders Advance by Most Since July

U.S. Business-Equipment Orders Advance by Most Since July A proxy for business investment -- non-military capital goods orders excluding aircraft -- rose 1.3 percent after the prior month was revised to a gain from a loss, according to Commerce Department figures Thursday that topped all estimates in Bloomberg’s survey. The broader measure of bookings for all durable goods, or items meant to last at least three years, rose 2.7 percent, the most in seven months and more than projected. Key InsightsThe improvement in equipment orders signals manufacturers are seeing stable demand, which should contribute to a still-solid pace of economic growth in the first quarter.