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Finance

Current CEO of Airbus Helicopters Guillaume Faury will take over as the new president of the firm. Tom Enders will not seek another term when the next election takes place the year after next, while chief operating officer Fabrice Bregier will vacate his position in February 2018.
  • Sensex jumps 216 pts after exit polls give BJP an edge

    Sensex jumps 216 pts after exit polls give BJP an edge

    Finance

    The 50-issue NSE Nifty in range-bound movements settled higher by 59.15 points, or 0.58 per cent, at 10,252.10. At the close, the benchmark 30-share index, BSE Sensex gained 216.27 or 0.65% at 33,462.97 with 19 components registering rise.
  • Walt Disney Co (NYSE:DIS) Shares Sold by Chicago Equity Partners LLC

    Walt Disney Co (NYSE:DIS) Shares Sold by Chicago Equity Partners LLC

    Finance

    The stock increased 2.75% or $2.96 during the last trading session, reaching $110.57. About 12.16M shares traded or 55.32% up from the average. The Walt Disney Company ( DIS ) has a Return on Assets of 9.7 percent, Return on Investment of 14.2 percent and a Return on Equity of 21 percent.
  • Salma Hayek says Harvey Weinstein threatened to kill her

    Salma Hayek says Harvey Weinstein threatened to kill her

    Finance

    His accusers now include almost 70 women. The 65-year-old producer responded in a statement through his rep Wednesday after Hayek accused Weinstein of sexual harassment, including the demanding of a " senseless " lesbian sex scene in the film, which Weinstein's company Miramax produced.
  • U.S. woman used bitcoin to move cash to Islamic State, police say

    U.S. woman used bitcoin to move cash to Islamic State, police say

    Finance

    But her lawyer says she was simply collecting money to help Syrian refugees. Shahnaz bought cryptocurrency with the credit cards, converting it to US dollars and then transferring it into a bank account in her name, court filings said. Attorney's Office said Shanaz - in June and July - used at least 16 credit cards in her name to buy more than $62,700 in Bitcoin and other cryptocurrencies.
  • Alibaba wants to sell cars using a vending machine-like structure

    Alibaba wants to sell cars using a vending machine-like structure

    Finance

    The selfie will be used to identify the individual when they head over to the unmanned vending machine for delivery. Chinese e-commerce leviathan Alibaba is set to open two massive cat-shaped auto vending machines in Nanjing and Shanghai that will allow prospective buyers the chance to see, test-drive and even buy on-site the vehicle of their choosing.
  • US Regulator Repeals Net Neutrality amid Public Protest

    US Regulator Repeals Net Neutrality amid Public Protest

    Finance

    It allows a small cabal of home internet service providers and mobile data carriers to operate a blacklist of oppositional web sites and services, effectively blocking access to them for almost all Americans. "In the end the internet service provider. has full control of what goes through their internet pipes". The debate over net neutrality is not new in India and has been on since the past four years or so.
  • AAA releases their 2017 holiday travel forecast

    AAA releases their 2017 holiday travel forecast

    Finance

    That's based on historical and recent travel trends, the release said. "Travel volume has increased year-over-year for every major holiday weekend in 2017 - Memorial Day, Independence Day, Thanksgiving - and we project the same for the year-end holiday period".
  • Wal-Mart Stores, Inc. (WMT) Position Lifted by Fmr LLC

    Finance

    It has underperformed by 2.87% the S&P500. TrimTabs Asset Management LLC increased its holdings in Wal-Mart Stores by 89.2% in the 1st quarter. Its the same as in 2017Q1. Wal-Mart Stores declared that its board has authorized a stock repurchase program on Tuesday, October 10th that permits the company to buyback $20.00 billion in outstanding shares.
  • Parliament winter session: Centre targets 25 bills over 22 days

    Parliament winter session: Centre targets 25 bills over 22 days

    Finance

    Leaders of nine Opposition parties, who held a strategy meeting before joining the discussion with the government, said they would quiz Modi in Parliament on his repeated violation of the Model Code of Conduct while campaigning for the Gujarat Assembly elections and hurling insults against former prime minister Manmohan Singh , former vice president Hamid Ansari and former army chief Deepak Kapoor.