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Issues Remain for Russia, US to Reach Compromise Concerning Syria

Yet, the main issue is Iran's aim to increase oil output to reach its pre-sanction market share, the president said, adding that he finds it only fair. "I am not going to comment on specific investigations that are still live and active, but I'll tell you that we had problems with cyber intrusions from Russian Federation in the past, from other countries in the past", Obama told reporters, according to news outlets .

Business

Apple is shifting the focus of its secret car project

He replaced Steven Zadesky, who was initially the project head, but left due to personal reasons. It's apparently under the latter's leadership that Apple chose to revamp its entire strategy to software instead of vehicle manufacturing. An Apple spokesperson declined to comment Friday. It expanded the project quickly, poaching experts in battery technology and so-called machine vision, as well as veterans from the automobile industry.

Business

Russian flag carrier banned from the Paralympics

The man, identified as Andrei Fomochkin, the director of the Republican Center of Olympic training for Athletics in Belarus, has not said why he chose to bear the Russian flag. "During this hard period, he remembered about us, thought about fairness and that politics should not be part of sporting competitions". "That flag was pretty well hidden on the person last night because all of the Belarus team was searched before they went out, and the flag was somewhere on the person we didn't notice".

Business

Narendra Modi wants safe havens to be eliminated for better financial governance

He described his talks with Vietnamese counterpart as "extensive and very productive" and said they covered the full range of bilateral and multilateral cooperation. About 50 per cent of India's trade passes through the South China Sea, where Beijing has built up islands and outcrops capable of supporting military activities to the chagrin of Vietnam and other claimants.

Business

Session Performance Check: Narrowing in on Shares of Seagate Technology. (NASDAQ:STX)

The brokerage firm has raised the Price Target to $ 50 from a previous price target of $37. The team rates Seagate Technology as a Hold with a ratings score of C. "22" rated the company as a "Hold", according to WSJ data. AVGO attains analyst recommendation of 1.70 on scale of 1-5 with week's performance of -4.56%.

Business

Casey's General Stores maintained as Buy By Goldman Sachs

They now have a Dollars 137 price target on the stock. Goldman Sachs Group upgraded shares of Casey's General Stores from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $123.00 to $145.00 in a research report on Wednesday, June 29th.

Business

Sports Direct orders further review of working practices

With his voice nearly breaking, he pleaded with shareholders to give him more time: "So, we're going to fix it. But please, give me a chance to fix things". It's clear, then, that while Sports Direct is moving in the right direction, the changes have been very much forced on the company, and it remains to be seen whether Ashley really is capable of moderating his unorthodox business practices.

Business

Gold hits near 5-week low after Fed strikes hawkish note

Wells Fargo, the nation's largest mortgage lender, rose $1.05, or 2.2 percent, to $49.56 and JPMorgan Chase gained 73 cents, or 1.1 percent, to $66.95. The dollar added 0.4 percent to 102.24 yen after earlier rising as high as 102.28, its strongest since August 12.The euro was flat at $1.1202, while the dollar index, which tracks the greenback against a basket of six rivals, was down slightly on the day at 95.519 .dxy .

Business

Markets Right Now: US stocks turn higher at midday

Reuters said the proposed partnership envisions Volkswagen supplying engines to Navistar in exchange for a 19.9 percent stake in the truckmaker. He also hinted that a powertrain product could be developed by 2019, an "illustrative" timeframe that's "not tomorrow, but not well into next decade".

Business

Native American tribe files emergency request to stop Dakota Access Pipeline

For months, the Standing Rock Sioux and dozens of other tribes from the US and Canada have resisted the construction of the proposed four-state pipeline that, if completed, would transport about 500,000 barrels of crude per day from North Dakota to IL.

Business

Woodside to buy into BHP's Scarborough

The acquisition includes 25% interest in WA-1-R and 50% interest in WA-62-R, which together contain the Scarborough gas field . Woodside will acquire stakes in the Scarborough, Thebe and Jupiter gas fields as part of the deal, and said the acquisition would complement its growth strategy.

Business

'Our cause is just,' says tribal leader in pipeline protest

A representative for the contractor for Dakota Access, Precision Pipeline, asked the protesters to leave. The Osage Nation is supporting the Standing Rock Sioux Tribe in their protest of the plans for the Dakota Access Pipeline . ETP continues to oversee construction of the pipeline, which is expected to be ready for service at the end of this year. "We are really pushing nonviolence", Nicola said .

Business

Warmer Sunday, Labor Day

Wind: SE 5-15. The overnight low is expected to be near 57, with a 10 percent chance of showers and thunderstorms before midnight. Overnight, look for mostly clear skies with lows around 60°F. The highest temperature last month was 99 degrees on August 11, and the lowest was 55 degrees on August 21. Monday night: Mostly clear, with a low around 56.

Business

Seattle acquires OF Ben Gamel from Yankees for 2 pitchers

The former Yankees' outfielder is the younger brother of former Brewers' top prospect Mat Gamel. After leading the league in hitting last season as a rookie, Gamel followed up with a strong sophomore season, tallying league highs in run scored (78) and recording a.309/.365/.420 slash line with a.785 OPS.

Business

Nigeria's economy contracted 2.06 pct in Q2- stats office

This statistic, however, is separate from informal workers and economic activities in Nigeria's vast black market which is also experiences pains from inflation and rise in the cost of basic goods. The highest increases were seen in the electricity, liquid fuel (kerosene), solid fuels, and fuels and lubricants for personal transport equipment groups.

Business

Larry Wilmore hopeful for another chance after cancellation

Wilmore also reflected on The Nightly Show's finale, in which Jon Stewart made a final appearance praising Wilmore's show, and how Stewart influenced the show's tone. "I thought it was very fearless". Then Colbert walked out, greeted Wilmore warmly and asked why he was stealing the spotlight. "When you called President Bush your n****, I could not believe you did that".

Business

Gold slides to two-month low after USA jobs data

Upbeat data released on Tuesday helped the dollar extend gains, with a consumer confidence index rising to an 11-month high in August. Traders expect the Reserve Bank will hold off cutting the official cash rate at its September 22 OCR review, preferring to wait until the full monetary policy statement on November 10, where the odds of a cut are about 80 percent, he said.

Business

FBI Investigating Whether Hackers Compromised Arizona's Election Systems

The FBI Cyber Division bulletin (pdf) noted that eight separate IP address were used in both attacks with one IP address being common to both intrusions. So far no sign that any of those have been compromised, but the Federal Bureau of Investigation says states should be on guard to protect against computer attacks that could jeopardize the integrity of their elections.

Business

Strike by 10 trade unions to hit banking, transport today

They have also asked for strict enforcement of basic labor laws and no unilateral amendment of the same, as well as a refusal to allow foreign direct investment in strategic sectors like railways and defense. The banking sector will join the protest. Schools and colleges too may stay shut as bus drivers have extended support to the bandh call. Commodities like milk and water are also likely to be available.

Business

Boxer wants open and transparent decision on Apple appeal

Asked if she accepted Cook's comments on the ruling , she told a news conference: "No, I will not". "The amounts at stake may intensify the political pressures both within the European Union and from outside the European Union", he said.

Business

Leaked plans of new Beats headphones line ahead of iPhone 7 launch

Wireless AirPods could also be unveiled alongside the iPhone 7 series, though these are probably not Beats-branded. Apple's upcoming iPhone flagship is expected to ship in a new space black colour and support Force Touch Home button with haptic feedback.

Business

Revenue Update on Bank of Nova Scotia(NYSE:BNS)

Scotiabank earnings amounted to $1.54 per share, up from $1.45 per share during the same period a year ago. "All of our businesses continue to grow and deepen customer relationships, which has delivered solid asset, deposit and revenue growth".

Business

New Broker Ratings For Seagate Technology. (NASDAQ:STX)

Under investment valuation analysis, Seagate Technology plc (NASDAQ: STX ) presented as an active mover, it has floated short ration of 12.03%, hold to candle to sentiment indicator of Short Ratio, which was 6.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link . Company shares were Reiterated by Barclays on Aug 3, 2016 to "Equal Weight", Firm has raised the Price Target to $ 34 from a previous price target of ...

Business

Oil Prices Fall on Fed Rate Rise Jitters

Oil prices had rallied last week and entered a bull market - a 20-percent rise from recent lows - after OPEC and Russian Federation announced plans to discuss the supply crisis, which has hammered the crude market for more than two years. It would only be increased if there is an agreement, he added. The central government in Baghdad has been locked in a dispute with the KRG since 2014, when the Kurds began selling their oil independently.

Business

US consumer spending posts slower growth in July

Incomes rose 0.4%, a pick-up from growth in the prior two months. This measure of inflation was expected to rise by 0.1% in July, exactly like in June. With incomes rising at a faster pace than spending, consumers tucked away more money last month. The personal consumption expenditures price index was flat for the month and up 0.8 per cent year-on-year, slower than a month before.