LONDON – Indian tycoon Vijay Mallya is set to face an extradition hearing in London that should determine whether he is sent back to India to face money laundering allegations related to the collapse of several of his businesses. Continue Reading Below The Westminster Magistrates Court hearing, which begins Monday […]
FOX Business News
Iran inaugurates new extension to its main Arabian Sea port
TEHRAN, Iran – Iranian President Hassan Rouhani inaugurated on Sunday a newly built extension to the country’s main Arabian Sea outlet, the strategic Chabahar Port on the Gulf of Oman, which more than triples its capacity and poses a challenge for a port under construction in neighboring Pakistan. Continue Reading […]
Trump suggests he may be flexible on corporate tax rates
WASHINGTON – President Donald Trump has suggested that he may be willing to negotiate changes to a significant portion of the tax overhaul, the corporate tax rate, injecting an element of uncertainty into the tax plan only hours after it cleared the Senate. Continue Reading Below Trump told reporters at […]
The Marvell Technology/Cavium Deal Keeps the Ball Rolling in the Semiconductor Industry
Marvell Technology Group (NASDAQ: MRVL) recently announced it had entered a definitive agreement with Cavium (NASDAQ: CAVM) to merge operations. Share prices of both companies immediately shot higher, making for a very happy Thanksgiving week for investors. The deal also continues a positive trend in the semiconductor industry that could […]
Report: Visa fires high-profile manager for violating policy
The technology publication Recode is reporting that Visa fired a high-profile executive for behavior that “violated” the credit card company’s policy. Continue Reading Below Recode reported that Jim McCarthy’s departure was announced in an internal memo Friday. As executive vice president of innovation and strategic partnerships, McCarthy handled Visa’s deals […]
TransCanada Up on Pipeline Approval News
TransCanada‘s (NYSE: TRP) Keystone pipeline has been making headlines for a decade now. This week, the XL pipeline gained a 3-2 approval to run through Nebraska. Continue Reading Below In this week’s episode of Industry Focus: Energy and Industrials, analysts Sarah Priestley and Taylor Muckerman talk about what this approval […]
McConnell: Tax bill won’t add to nation’s debt woes
LOUISVILLE, Ky. – Fresh off his biggest legislative victory of the Trump era, Senate Majority Leader Mitch McConnell on Saturday disputed projections that the Senate’s tax bill would add to the nation’s debt woes. Continue Reading Below Back home in Kentucky just hours after the Senate narrowly pushed through the […]
An Interview With Canopy Growth’s CEO, Chairman, and Co-Founder
Countries around the world are bringing marijuana out of prohibition, and the legalization trend shows no sign of slowing down. Continue Reading Below In this week’s episode of Industry Focus: Healthcare, Kristine Harjes interviews Bruce Linton, the CEO of Canopy Growth Corporation, the biggest marijuana pure play on the market, […]
Here’s Why Patience Should Pay Off for Himax Technologies Investors
Himax Technologies‘ (NASDAQ: HIMX) third-quarter results turned out to be a mixed bag when the company reported on Nov. 9. The chipmaker beat Wall Street’s estimates thanks to rising demand for its wafer-level optics (WLO) technology that’s used to enable 3D sensing functions. However, weakness in other areas of the business […]
Suit: Hidden camera filmed Forever 21 employee in bathroom
PROVIDENCE, R.I. – A former Forever 21 employee at a Providence, Rhode Island, store is suing the retailer after she says someone installed a hidden camera in the employee restroom and secretly filmed her. Continue Reading Below The federal lawsuit filed Tuesday in New York says video that shows the […]