http://www.deccanherald.com/page_images/story_images/2017/10/03/618xNx636094_thump.jpg.pagespeed.ic.K8duiipISw.jpg

Finance

India's retail inflation had swelled to 5-month high of 3.36 per cent in August on the back of costlier vegetables and fruits. It said inflation is expected to rise from its current level and range between 4.2-4.6 per cent in the second half of this year from 3 per cent in Quarter 2 and 4.0-4.5 per cent in the second half of 2017-18.
  • Tesla vs Edison: Ford's new EV division takes on Tesla

    Tesla vs Edison: Ford's new EV division takes on Tesla

    Finance

    The company says it plans to build the next-generation Ford Focus for North America in China to save money. It will also reduce the number of different auto models it offers while focusing more on trucks and SUVs which are more popular and profitable.
  • Zogenix to Sell 4.3 Mln Shares in Public Offering

    Zogenix to Sell 4.3 Mln Shares in Public Offering

    Finance

    The purchase was disclosed in a filing with the SEC, which is available at this hyperlink . Institutional investors and hedge funds own 87.21% of the company's stock. Last quarter, the company saw 7.13 million in total revenues. Zogenix has granted the underwriters a 30-day option to purchase up to an additional 1,005,000 shares of common stock.
  • Amazon faces huge tax bill from EU

    Amazon faces huge tax bill from EU

    Finance

    The decision by the commission's powerful antitrust department comes after it slapped Apple with a record € 13 billion (£11.5 billion) bill for unpaid Irish taxes a year ago. Previously the EC has said that its "preliminary view is that the tax ruling.by Luxembourg in favour of Amazon constitutes state aid". It is aimed at reflecting what they believe companies should be paying in corporate tax.
  • Fundraiser collecting money for Las Vegas shooting victims

    Fundraiser collecting money for Las Vegas shooting victims

    Finance

    At least 59 people were killed and almost 530 others wounded when Stephen Paddock opened fire on a large crowd attending a country music concert in Las Vegas from a nearby hotel high rise. The page can be found here. Donations can still be made to the GoFundMe account here. People in the Las Vegas area can donate blood to participating hospitals and clinics.
  • Ford creates 'Team Edison' to speed up EV development

    Ford creates 'Team Edison' to speed up EV development

    Finance

    Shares of Ford gained 0.6% after ending the regular trading session up 2.1%. Rival General Motors Co has been installing built-in mobile broadband connections in its USA vehicles since 2015 and now has about 7 million 4G LTE connected vehicles on the road today globally, a spokesman said on Tuesday.
  • Yahoo 2013 data breach hit 'all three billion accounts'

    Yahoo 2013 data breach hit 'all three billion accounts'

    Finance

    The stolen data did not include passwords in clear text, payment card or bank account data, it added. Rather than 1 billion accounts, or about a third of users who had ever used the platform, all 3 billion accounts were actually impacted, as the Wall Street Journal is reporting .
  • Ariana Grande pays tribute to victims of mass shooting in Las Vegas

    Ariana Grande pays tribute to victims of mass shooting in Las Vegas

    Finance

    Police said 42 guns were found in Paddock's home and hotel room. Kimmel later showed photos of all the senators who voted against gun reform and closing loopholes in the law - which many people on both sides of the political spectrum agree should be closed - before once again calling for action.
  • Laredo Petroleum, Inc. (NYSE:LPI) Moving Today - Down $0.82

    Laredo Petroleum, Inc. (NYSE:LPI) Moving Today - Down $0.82

    Finance

    BMO Capital Markets restated a "hold" rating and issued a $10.00 target price on shares of Laredo Petroleum in a report on Tuesday, June 27th. Institutional investors have also been busy with the stock. The mean rating score for this stock is at 2.80. The stock has "Hold" rating by Zacks on Monday, August 10. The company has market cap of $770.59 million.
  • Ground turkey products distributed in TN recalled

    Ground turkey products distributed in TN recalled

    Finance

    Department of Agriculture. The turkey was produced on September 25th and 26th and the problem was discovered the next day when employees were cleaning processing equipment. FSIS noted there have been no confirmed reports of adverse reactions due to consumption of the products. No reports of illness have been reported, but shoppers are urged to throw away any recalled packages or return them to the place of purchase.
  • Petrol, diesel prices slashed by Rs 2 per litre

    Petrol, diesel prices slashed by Rs 2 per litre

    Finance

    Bhubaneswar: In a move that could possibly help in taming spiraling prices, the Union Government on Tuesday announced a reduction in the basic excise duty levied on petrol and diesel. This ascent in the costs of Petrol and Diesel is likewise reflected in WPI expansion, which has expanded to 3.24% for the long stretch of August 2017, when contrasted with 1.88% for the period of July 2017.