stayontheblack.com

Business

Qatar Airways seeks 10 pct stake in American Airlines

The surprise investment push by Qatar Airways was disclosed by American Airlines in a securities filing Thursday saying the Qatari company planned to buy at least $808 million in American shares. The two airlines have had their differences in recent months. Other airline stocks rose as well. American's shares were up 53 cents, or about 1 percent, to $48.96 in afternoon trading after surging more than 4 percent Thursday morning.

Business

New Zealand vs Portugal: how and where to watch

All Whites coach Anthony Hudson is devastated his players didn't get what they deserved after falling 2-1 to Mexico in a sometimes spiteful Confederation Cup encounter. He said: "I see this as another game that we want to approach with the mindset of being organised, having the right mentality and we want to get a result ".

Business

Nobody is flawless: Some Uber employees balk at ouster of Kalanick

This week, one tumultuous Uber ride came to an end, with the resignation of CEO Travis Kalanick . The motion , reported on earlier today by Bloomberg , states that Uber has violated its discovery obligations and asks for a hearing to consider whether Uber should be held in contempt.

Business

How Is EnLink Midstream, LLC (NYSE:ENLC) Stacking Up?

Credit Suisse downgraded it to "Underperform" rating and $70 target in Thursday, March 17 report. On Monday, June 19 the stock rating was downgraded by Suntrust Robinson to "Hold". About 101,449 shares traded. It has underperformed by 18.39% the S&P500. Enable Midstream Partners LP owns, operates and develops midstream energy infrastructure assets strategically located to serve its customers.

Business

GOP-run House poised to roll back post-2008 financial rules

The House of Representatives pushed through a bill Thursday that would gut numerous key banking reforms implemented after the financial crisis. The bill also significantly curtails the powers of Consumer Financial Protection Bureau , a potential sticking point from Senate Democrats .

Business

Trump Offers 'Support' To May After Polls Setback

Well there's a turn up for the books. After the election, Corbyn expressed readiness to serve the country in case May stepped down. People demonstrate in Parliament Square against the possible Conservative and DUP (Democratic Unionist Party) coalition government following the Britain's general election result, in London, Saturday June 10, 2017 .

Business

Woman who stormed stage during 'Julius Caesar' is arrested

In the middle of the show, a woman walks onto the Central Park stage shouting, "Stop the normalization of political violence against the right". Goebbels was a close adviser to Adolf Hitler during the latter's leadership of Nazi Germany. The nonprofit Public Theater noted that like its critics, it also has the right of free speech under the first amendment of the U.S. Constitution. At that point, prominent pro-Trump activist Jack Posobiec chimed in from his seat that the audience was ...

Business

Johanna Konta on track for record after Nottingham quarter-final win

Commenting on the fact she was playing her doubles partner when asked if it had been a problem, she said: "We are all adults, we must deal with that". The British No.1 on Friday advanced to the last four with a 6-3 7-5 victory. "I know Donna is playing very well recently and I know Lucie is a very risky player as well".

Business

DUP head: Talks with UK Conservatives going well

As May attempts to cobble together a majority, the EU's chief Brexit negotiator Michel Barnier warned that time was passing in an interview on Tuesday. "My main concern is the peace process", he said. Jeremy Corbyn , leader of the opposition Labour Party, which saw its number of parliamentary seats and share of the vote increase, said there could be another election this year or early in 2018.

Business

Walmart to acquire online men's clothing retailer Bonobos

Instead, it will be available on Jet.com, the online marketplace Walmart recently bought for $ 3 billion . Walmart's decision to buy Bonobos may have been motivated by a desire to attract new customers in niche areas where the retail giant is not as strong, MSN reports.

Business

Sensex down 58 points; NIfty settles below 9650

In mainland China, the Shanghai Composite and Hong Kong settled higher by 0.19% to 0.36%. Closer home, benchmark indexes Sensex and the Nifty rose about 0.3 percent on Wednesday and the rupee recovered from early lows to close 10 paise higher at 64.33 against the dollar after the RBI cut statutory liquidity ratio by 50 basis points and reduced risk weight on specific categories of housing loans.

Business

Oakland triumphant as parade set to celebrate NBA's Warriors

It's about us supporting this championship. It is a business. And forward David West made it clear Trump went against his belief system . "It's kind of insane to think about the conversations we had this summer and going into the year about how we can both mesh and do what we do and be the players that we are".

Business

Greece to get 'more clarity' on debt relief plan

In an unexpected breakthrough, the IMF's Lagarde agreed this month to join Greece's massive bailout while putting off the debt question until later. Underlining the IMF's willingness to strike a deal after months of wrangling between its European chief Poul Thomsen and the euro zone, Lagarde will attend the ministers' meeting.

Business

Rosenstein says he's seen no good cause to fire Mueller

It is not known what the two discussed in that meeting. While Gingrich said he would not recommend that Mr. Trump should fire Mueller, he questioned the investigation's impartiality since Mueller has so far hired four Democratic attorneys.

Business

Zarif: Intelligence shows S. Arabia promoting terror in Iran's borders

The Daesh Takfiri terrorist group has claimed responsibility for the attacks. Iran's supreme leader Ayatollah Ali Khamenei on Monday called the U.S. The Iranian leader also said the USA and Saudi Arabia are in partnership when it comes to funding Sunni militants. In a series of Twitter posts responding to Donald Trump's criticism of the country for "sponsoring terrorism", Khamenei wrote: "That US arms a terrorist group is what causes instability".

Business

Video shows the moment police shot London Bridge terrorists

Police have seven people in custody over suspected links to the three attackers who killed eight people on and around London Bridge on June 3. Fusilier Rigby was attacked by two jihadists who used a vehicle and knives to kill the off-duty soldier as he walked down a road close to the Royal Artillery barracks in Woolwich, South East London.

Business

Nordstrom family considering buyout of department store

Nordstrom now has an average rating of "Hold" and a consensus price target of $47.06. Susquehanna Bancshares Inc initiated coverage on shares of Nordstrom in a report on Friday, February 10th. Following the completion of the transaction, the president now owns 2,140,587 shares in the company, valued at approximately $93,757,710.60. Robert W.

Business

Uber to share some findings of harassment probe Tuesday

In a review of 215 human-resources claims, Perkins Coie took no action in 100 instances as it continues to investigate 57 others; meanwhile, 31 employees are in counseling or training, while seven received written warnings from the company, an Uber spokesman said .

Business

Human error could have caused British Airways IT crash, boss admits

British Airways cancelled almost 60% of its flights on May 27 when an IT outage knocked out the airline's systems and stranded 75,000 people over a holiday weekend. "We apologize to all of our customers who have been affected by this", he said. "We believe the root cause was a power supply issue and there's no evidence of any cyber attack".

Business

Reverse Obama's Net-Neutrality Power Grab

They are to be joined by more than 30 public interest and advocacy groups including Greenpeace, the American Civil Liberties Union, the Electronic Frontier Foundation and the Center for Media Justice. President Donald Trump's newly appointed FCC chair, Ajit Pai , promised previous year to take a "weed whacker" to the internet regulations set up during Obama Administration.

Business

Mickelson, Fowler among top names at St Jude Classic

Open. Daniel Berger won this event past year by three shots over a trio of players. Mickelson has a great track record in Memphis with three top-three finishes since 2013. When Geiberger became the first TOUR player to shoot 59, it took 14 years before another player could match it - and 39 years before Jim Furyk went a shot lower to set the new mark.

Business

RBI Leaves Policy Rate Unchanged, Cuts Inflation Projection

According to an RBI release, "the Monetary Policy Committee (MPC) will meet on June 6 and 7, 2017 for the Second Bi-monthly Monetary Policy Statement for 2017-18". "First, it needs to be assessed as to whether or not the unusually low momentum in the reading for April will endure". "Policy interventions, including access to open trade, may be envisaged to arrest the slump in prices", it said.

Business

Korea's Moon struggles to form a Cabinet meeting ethics standards

Before taking office on May 10, Moon Jae-in vowed to review the deployment of a system that has infuriated both North Korea and China, which consider its powerful radar a security threat. "The information was not included in official reports", Yun Bee, professor of political science and diplomacy at Sungkyunkwan University, told This Week in Asia .

Business

Buy, Sell or Hold? Analysts Approach: Ball Corporation (BLL), Tesoro Corporation (TSO)?

Finally, Keybank National Association OH purchased a new stake in shares of Tesoro during the fourth quarter valued at $204,000. Deutsche Retail Bank Ag, Germany-based fund reported 49,132 shares. Jefferies Limited Liability Company has 0% invested in Oasis Petroleum Inc. The share price is now up 11.06% for the past three months. Cornerstone Advisors Inc has 27 shares.

Business

Buy, Sell or Hold? Analysts Approach: Ball Corporation (BLL), Tesoro Corporation (TSO)?

Finally, Keybank National Association OH purchased a new stake in shares of Tesoro during the fourth quarter valued at $204,000. Deutsche Retail Bank Ag, Germany-based fund reported 49,132 shares. Jefferies Limited Liability Company has 0% invested in Oasis Petroleum Inc. The share price is now up 11.06% for the past three months. Cornerstone Advisors Inc has 27 shares.