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Business

Facebook quarterly profit soars, lifted by mobile ads

Zuckerberg said the company was continuing its investment in the space. At some point, every company runs into the law of large numbers, but it seems that Facebook isn't anywhere near that level, despite having a near $400 billion market cap, almost $27 billion in annual revenue and gobbling up what seems like every advertising dollar in sight.

Business

Donald Trump's Presidential Campaign Has a Cash Flow Problem

The leak of internal Clinton campaign emails has leveled the playing field a bit, Collins said, and he expects Trump will win definitively next month. The Republican presidential candidate said Thursday on ABC's "Good Morning America" that he will make the decision at a later date. That sample included 965 likely women voters and 776 likely white women voters.

Business

Police evict oil pipeline protesters from private land

Supporters say it would be safer and more cost-effective than transporting the oil by road or rail. Native American tribes, predominantly the Sioux, and demonstrators have banded together in the last few months to protest a 1,200-mile pipeline that would transport crude oil from North Dakota to IL.

Business

Trump blames 'phony polls' for his plight

Despite his confident declarations, CNN believes the numbers cited don't necessarily point to Donald Trump winning at this point of the election run-up. The results indicate North Carolina will live up to its billing as a key battleground state that could decide not just the outcome of the presidential contest, but also which party controls the Senate next year.

Business

Some Republican officials stick with Trump, cite the issues

Trump's campaign spokesman, Jason Miller, called the story "fiction" and coordinated "character assassination". Trump vehemently denied the allegations, and demanded through his attorney that the story be retracted. The New York Times published interviews with two women who say they were touched inappropriately by the billionaire without their permission. "He was like an octopus", she told the newspaper.

Business

Utah Poll Shows Trump and Clinton Tied, McMullin Close Behind

APPHOTO UTRB103: In this August 27, 2016, photo, independent presidential candidate Evan McMullin , participates in a staff meeting near Salt Lake City. Analysts are writing pieces with headlines like " How Evan McMullin Could Win Utah And the Presidency ". The revelations of recent days about Donald Trump's lascivious and predatory attitudes toward women have hurt him in Utah perhaps more than any other state.

Business

Italy overcome Buffon blunder, earn late draw with Spain in Turin

Ventura began his time in charge with a 3-1 defeat to France before winning his first competitive match by the same scoreline, in Israel . Spain left-back Jordi Alba and Italy midfielder Riccardo Montolivo were each forced off with injuries in the first half.

Business

Google takes on its rivals with new Pixel phone

The Pixel is one of several gadgets Google announced Tuesday in San Francisco. Nexus 4 and Nexus 5 carried the banner of "affordable flagships" for Google . Google is entering the $400 billion smartphone market with its Pixel phones, which come in three colors ( really blue, very silver and quite black), firmly entrenching itself at the high-end.

Business

Cognizant Investigating "Improper Payments" Made in India

CTSH's current "cash and investments" on its balance sheet stand at $4.48 billion. They invest in these apparently underrated equities in expectations that sooner or later the price will rise, replicating a firm's existing or potential profit growth.

Business

Twitter storm: Trump shames former-beauty pageant winner

Trump tweeted . "Hillary was set up by a con". Machado has endorsed Clinton and has become one of her most prominent surrogates since Monday's presidential debate. Trump, who occasionally refers to the president by his full name of "Barack Hussein Obama", conceded two weeks ago that the president was born in the USA, but did not apologize for suggesting otherwise.

Business

Autoworker union still in talks with GM as contract expiration looms

Meanwhile, GM has said publicly it would refuse to discuss new product commitments until after Unifor and its members ratify a new contract. Unifor President Jerry Dias also has said he won't extend the Monday deadline. Analysts believe GM likely has multiple plants providing the same engines and transmissions as St. Catharines, so it's unclear what the immediate impact of a strike would be.

Business

Who won the debate? The Mexican peso says it wasn't Trump

Outside the debate hall at Hofstra University for the first presidential debate between Hillary Clinton and Donald Trump on September 26, 2016. Trump, however, told CNN that the debate "went better than I ever thought". "It could be smaller if there is a potential shift of Mr. Trump's rhetoric away from renegotiating trade agreements" or if a rapid depreciation prompts action by the Mexican central bank through more aggressive rate hikes.

Business

Yesterday Share's Trend Overview: United Dominion Realty Trust, Inc. (NYSE:UDR)

The dividend payable date has been fixed on Oct 17, 2016. Vornado Realty Trust (NYSE:VNO) REIT - Diversified has a Current Ratio of *TBA with a Quick Ratio value of *TBA. AXA now owns 596,638 shares of the real estate investment trust's stock valued at $12,535,000 after buying an additional 141,325 shares in the last quarter.

Business

Trump Cuts Into Clinton's Lead in US Swing State of Virginia

While stumping for Clinton at two universities in OH over the weekend, Sanders spent minimal time making a case for Clinton, but instead focused his remarks on why voters should reject her opponent. Bush's mock debate sessions in 2000 and 2004, said Bush began preparing in early June unbeknownst to the news media and for a while did two practice sessions a day.

Business

New Smithsonian museum chronicling black history opens

The Smithsonian National Museum of African American History and Culture tells "an essential part of our American story", President Obama said Saturday. Former President George W. Bush, who signed legislation authorizing the museum in 2003, said its lesson "is that all Americans share a past and a future".

Business

UK central bank warns of financial risks in wake of Brexit

The Bank of England cut its key interest rate to a record low 0.25 percent after the vote, but another cut is possible this year. "I've anxious a bit in our forecast that we control for numerous measures that simultaneously control for uncertainty, and then we put in uncertainty effects, so we're putting them in twice", she added.

Business

Tesla sues Michigan, challenges law requiring dealer sales

It seeks a court order barring the state from enforcing its ban. Tesla has filed suit with the Western District Court of MI over its ability to sell its cars directly to consumers in the state, Electrek reports , as well as its ability to service vehicles owned by state residents.

Business

Mylan CEO defends EpiPen prices

In response to the furor, Mylan last month said it would sell its own generic version of EpiPen for $300. The daughter of a former West Virginia governor and current US Senator Joe Manchin (D) is facing accusations that she used her mother Gayle's position on the National Association of State Boards of Education to boost her company's earnings.

Business

Fonterra reports net profit jump of 65pc to $834 million

The company says total payout to farmers this current season should be between $5.75 to $5.85 before retentions. AGriHQ said in a commentary that some of the steam had gone out of the global dairy market after a strong run. Milk production in the European Union for 2016 was beginning to flatten out and New Zealand's milk collection was at present more than 3% lower than this time last season.

Business

Ivanka Trump now has Secret Service protection

Trump, who requested the meeting, attended Ryan's speech at the Economic Club of NY before the two had a scheduled meeting. Just this weekend, Trump was posting on social media about spending time with her family, including her husband, prominent Jewish New York businessman Jared Kushner.

Business

Claudio Ranieri urges Leicester to move on from Champions League triumph

Ranieri has demanded his players refocus on the league after their continental commitments, indicating he will ring a bell from the sidelines if he feels they are not performing. "There are a few rules which have been around and Friday it comes to fines, but I don't know what they are yet", said Burnley's £10.5million man. "If I choose them, it's because I believe".

Business

Why Deutsche Bank Likely Won't Pay $14 Billion Fine

Reaching a mortgage deal would clear a major hurdle for Deutsche Bank , which has paid more than $9 billion in fines and settlements since the start of 2008, according to data compiled by Bloomberg. Deutsche shares sank 8.0 percent to 12.0 euros in midday deals in Frankfurt, while the USA action was felt across Europe's banking sector, with shares in Royal Bank of Scotland in London shedding 4.0 percent to 186 pence.

Business

US House committee to hold hearing on Wells Fargo sales practices

The banking panel announced Friday that it was calling on Wells Fargo CEO John Stumpf to testify before the panel later in September. The House panel also is requesting internal documents from Wells Fargo and the regulators related to the timing and discovery of the sales practices.

Business

Americans got raise last year for first time since 2007

Trudi Renwick, an assistant division chief at Census Bureau , said in a conference call with reporters it was striking that median household income rose across the board. Chris Christopher, head of consumer economics for IHS Global Insight, said he expected incomes to continue to gain ground through 2017 with higher employment and modest inflation.

Business

Clemson overcomes McCloud's ball flip to hold off Troy 30-24

But Cain grabbed the on-side kick attempt and Clemson ran out the clock. Thankfully for Clemson, the referees allowed McCloud to get away with the near drop. "Deshaun's no different than any of the guys out there", said co-offensive coordinator Jeff Scott . It was another sloppy outing, and if he continues to play like this in 2016 there is no way the Tigers will get back to the playoffs.

Business

Noticeable Stock Highlights Marathon Oil Corporation (NYSE:MRO)

Deutsche Bank AG reissued a hold rating on shares of Anadarko Petroleum Corp.in a report on Thursday, June 2nd. They now have a $72.00 target price on the stock. The ex-dividend date is Wednesday, September 7th. Occidental Petroleum Corp.'s payout ratio is now -29.57%. Several large investors have recently modified their holdings of APC.

Business

Saudi-Iran Hajj spat intensifies

The Gulf Co-operation Council for the Arab States (GCC), has expressed condemnation and denunciation of the statement issued on Tuesday by the Supreme Leader of Iran, Ali Khamenei, saying that the statement included false and disgraceful accusations against Saudi Arabia.

Business

Multiple missteps mark Trump, Clinton forum

That is not my job". "They raised compelling concerns but there are compelling concerns on the other side of this as well and I think that the votes are very overwhelmingly in favor", he said. Clinton said the most important quality in a president is steadiness and the strength to make hard decisions. "Of course, Trump hasn't thought through any of that ".

Business

Brokerage Firm Rating Update on Las Vegas Sands (LVS)

The company has a market cap of $44.36 billion. During the last trading period, the peak price level of the share was $100.32; it means it is top price of day and down price level of the share was $97.65; it means minimum price of the day at which price share traded.

Business

How Analysts Feel About Karyopharm Therapeutics Inc After Today's Gap Down?

Vetr upgraded shares of Karyopharm Therapeutics Inc . The number of Karyopharm Therapeutics shares in issue is 35,989,000 which have a current share price of 9.24 bringing Karyopharm Therapeutics's market capitalisation to 332.54M United States dollars.