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Business

The money, detailed in a 429-page document sent to shareholders, includes the value of shares already owned, outstanding share options, a "golden parachute" payment, cash payments and medical benefits. Mayer admitted that year the company had only started investing in mobile in 2013 and was "late" and "behind". If you're a 90's kid then you're aware of the importance of Yahoo in your life at one point in time.
  • Bebe Stores to Shut Down All of Its Locations

    Bebe Stores to Shut Down All of Its Locations

    Business

    Bebe Stores Inc . is based in Brisbane, California, and has 180 locations in the United States and Canada. The company's financial advisor, Great American Group, LLC, an affiliate of B. Earlier this month, the retailer said it planned to close 28 stores. The news comes amid speculation the brand would transition to an online-only model after announcing in February plans to close up to 25 stores, including outlet locations, which would have been an approximately 16% reduction in total store ...
  • Morgan Stanley posts 1Q profit

    Morgan Stanley posts 1Q profit

    Business

    Also, President Thomas Colm Kelleher sold 182,027 shares of the company's stock in a transaction dated Wednesday, February 8th. The shares were sold at an average price of $42.14, for a total value of $740,062.68. Morgan Stanley's vastly improved results meant the firm managed to generate an annualized return on equity of 10 percent, after stripping out a $112 million tax benefit from settling employees' share-based pay.
  • Trump slams Canada for tax on imported milk

    Business

    Trump slammed Canada's supply management system in comments made Tuesday while signing a new " Buy American Hire American " executive order. Trevor Hargreaves with the BC Dairy Association dismissed Trump's call, and defended the Canadian system.
  • Ronaldo hat trick puts Madrid into Champions League semis

    Business

    But Real were pushed all the way by Bayern, who battled back from a 2-1 first-leg deficit to send the tie into extra time thanks to Robert Lewandowski's penalty and an own goal from Sergio Ramos. Madrid were once again grateful to Ronaldo's killer touch as the four-time World Player of the Year was pivotal in both legs against Bayern. In trying to snuff out Lewandowski after substitute Thomas Müller had helped the ball along, the ball bounced off the Real Madrid captain and creeped into his ...
  • Kapanen scores double OT winner as Leafs beat Capitals 4-3

    Kapanen scores double OT winner as Leafs beat Capitals 4-3

    Business

    Toronto has ridden the play of their youngsters all season long and the playoffs have been no different and with the likes of Auston Matthews, Mitch Marner , and the like being leaned on to carry the bulk of the offense against Alex OVechkin, Nick Backstrom and company it should make for an exciting series that could go much longer than people anticipated coming in.
  • Uber Exec Appeals For 5th Amendment Shield In Waymo Row

    Uber Exec Appeals For 5th Amendment Shield In Waymo Row

    Business

    Waymo, the driverless-car arm of Google , sued Uber in February, accusing it of using trade secrets that had been smuggled away by former Waymo employee Anthony Levandowski. In a court filing with heavily redacted technological details, Uber adds that by late 2015 it had chose to develop a customized lidar system with an unspecified collaborator, and began work on a custom beam pattern.
  • India's Inflation Rises Less Than Forecast In March

    India's Inflation Rises Less Than Forecast In March

    Business

    China's producer price index, which measures costs of goods at the factory gate, rose 7.6 percent year on year in March. British consumers have been the main driver of growth for the United Kingdom economy in recent years and a fall in spending levels could cause a major slowdown in GDP growth at a time when inflation is accelerating, giving the Bank of England limited scope to act.
  • KFC to stop using chickens raised with human antibiotics

    KFC to stop using chickens raised with human antibiotics

    Business

    Meat producers give animals antibiotics to make them grow faster and prevent illness. Officials have said that it can lead to germs becoming resistant to drugs, making antibiotics no longer effective in treating some illnesses in humans. The chain, owned by Louisville, Kentucky-based Yum Brands Inc. "The market is responding to consumer demand for better meat". KFC also recently pledged to eliminate artificial colors and flavors from all of its core products by the end of 2018 and to have ...
  • Gambler tied to Phil Mickelson convicted of insider trading

    Gambler tied to Phil Mickelson convicted of insider trading

    Business

    Over the course of the four-week trial, prosecutors argued that Walters earned $43 million on more than 100 trades over six years based on insider tips from Tom C. "Frankly I'm in total shock". "To say I was surprised would be the biggest understatement of my life". He has pleaded guilty to insider trading charges and is likely to receive leniency at sentencing as a result of his testimony.
  • Rajya Sabha passes all four GST bills to pave way for rollout

    Business

    GST will subsume a host of indirect taxes levied by the Centre and states, including excise duty, VAT, service tax, entry, luxury and entertainment levies. The bill was introduced by Minister of State for Finance Santosh Gangwar. "I was in favour of real estate, Delhi government was in favour", Jaitley said.
  • Teenaged leg-spinner heads list of newcomers in Test squad

    Teenaged leg-spinner heads list of newcomers in Test squad

    Business

    On Wednesday, Pakistan Cricket Board ( PCB ) chairman Shahryar Khan said that the Test series against West Indies would be the last for Misbah-ul-Haq. The 42-year-old has been struggling for form and in the last five Tests this year, Misbah has managed just 177 runs at an average of 17.7. "I have good memories of Misbah, he has brought positive things in Pakistan cricket as a leader in the last seven years".
  • Constellation Brands posts 4Q profit

    Constellation Brands posts 4Q profit

    Business

    Excluding certain items, Constellation earned $1.48 per share, beating analysts' average estimate of $1.36 per share. A number of key analysts, polled by FactSet, shared their views about the current stock momentum. It has a 27.99 P/E ratio. Its segments include Beer, Wine and Spirits, and Corporate Operations and Other. Finally, Stifel Nicolaus reiterated a "buy" rating and set a $189.00 price target on shares of Constellation Brands in a report on Sunday, January 8th.
  • Facebook, Twitter face fines up to $53M over hate speech

    Facebook, Twitter face fines up to $53M over hate speech

    Business

    BERLIN, April 5 The German cabinet approved a plan on Wednesday to fine social networks such as Facebook up to 50 million euros ($ 53 million ) if they do not remove hateful postings quickly and to make them reveal the identity of those behind the posts.
  • Trump signs bill blocking online privacy regulation

    Business

    Just to make sure Congress understood how unnecessary and "overreaching" those Obama-era rules were, the big broadband providers paid an average of $70,779 per Senator in campaign contributions and $26,129 per House member according to followthemoney.org .
  • Pink diamond auctioned for record $71.2M in Hong Kong

    Business

    The diamond failed to sell in November 2013. In November 2013 it was auctioned for a record US$ 83 million to NY diamond cutter Isaac Wolf. The jeweller made the HK$553 million winning bid for the Pink Star, ending a five-minute contest that included three phone bidders, Sotheby's said Tuesday.
  • On 'Equal Pay Day,' fight over gender wage gap rages on

    Business

    Such findings are based on false assumptions that women make 20 percent less doing exactly the same work in the same jobs alongside men, without controlling for factors such as varying numbers of hours worked, marital status, education, occupation, children and uninterrupted years of service, Perry said .
  • Which insiders are trading General Motors Company (NYSE:GM)?

    Which insiders are trading General Motors Company (NYSE:GM)?

    Business

    Honda's sales also were off, by 2 percent. At GMC , sales of the Acadia, which was redesigned in 2016, increased 84% in March, driving the brand's big increase for the month. Ford Motor Company (NYSE:F) yearly performance is -6.02% and net profit margin is 3.00%. Ford's average transaction prices increased 3.4% to $38,220 from a year ago.
  • Sturgeon demands independence vote in letter to May

    Business

    In a, Scotland voted 55 per cent to 45 per cent to remain in the UK. The Scottish Parliament voted by 69 to 59 on Tuesday in favour of seeking permission for another referendum. May's Downing Street office confirmed that the letter had been received. She added: "The Prime Minister has indicated that she intends to ignore the will of the Scottish Parliament and prevent people in Scotland having that choice".
  • SpaceX launches its first recycled rocket in historic leap

    SpaceX launches its first recycled rocket in historic leap

    Business

    To outside observers, SpaceX's Falcon 9 rocket launch Thursday evening might not have looked particularly remarkable - no streaking contrail through the sky, the rumble muffled a bit by gusty winds. SpaceX claims that its Falcon 9 Heavy will be the most powerful operational rocket in the world by a factor of two. Industry estimates suggest that reusing the first stage of the Falcon 9 booster might lead to a 30% reduction in the launch costs.
  • Trump to sign executive orders targeting trade abuses

    Trump to sign executive orders targeting trade abuses

    Business

    While not aimed specifically at China, these two orders could be an opening bid in Trump's trade negotiations with Xi. The first order directs the Commerce Department to take the next three months to review the reasons for US trade deficits and all violations of trade rules that harm USA workers across every trading partner.
  • 'If China is not going to solve North Korea, we will'

    Business

    The U.S. Treasury froze the assets of 11 agents of the North Korean government Friday in response to the regime's continued development of a nuclear missile program. The women's team will enter Pyongyang from Beijing on Monday. The official, from the North Korean Sports Ministry, reportedly told Choi that the North Koreans will attempt to send "as many athletes as possible" through qualifying events.