Day: January 18, 2018

Tess Torelli January 18, 2018

The company’s stock rose 0.9 percent Thursday. Morgan Stanley shares are up 4.1 percent this year, slightly outperforming the S&P 500, which is up 3.9 percent. Morgan Stanley’s bottom line excludes a one-time $990 million hit resulting from the recent changes to the U.S. tax code. Its earnings per share totaled 29 cents when including […]

Tess Torelli January 18, 2018

Michigan Governor Rick Snyder said he was disappointed that Detroit didn’t make the cut. Here’s his full statement: It’s disappointing we will not be welcoming a new Amazon headquarters to Detroit, but appreciate their continued investment and expansion in Michigan, including right in the heart of our Comeback City. Detroit’s proposal to Amazon was incredible […]

Vinnyd January 18, 2018

Real Madrid’s Cristiano Ronaldo believes he is better than Barcelona forward Messi and says that in his mind, he “is always the best”. The former Manchester United winger tells BBC Sport’s Dan Roan that he may return to Old Trafford one day as “the future nobody knows”. Ronaldo reveals he feels happy at being a […]

Tess Torelli January 18, 2018

It sounds like a catastrophe: a federal government shutdown. But for most Tennesseans, the potential impact would be minimal if Congress doesn’t reach an agreement by midnight Friday to keep the bureaucracy running. With hopes diminished for a deal this week on immigration reform, Congressional leaders were negotiating a temporary spending bill that could fund […]

Tess Torelli January 18, 2018

Japanese steel and engineering companies are in the driver’s seat to bag major supply contracts for a $17 billion Indian bullet train, several sources said, undermining a key component of Prime Minister Narendra Modi’s economic policy – a push to ‘Make in India’. Japan is funding most of the project, and Japanese companies are likely […]

Tess Torelli January 18, 2018

SoftBank completed its long-awaited investment agreement with Uber on Thursday, making SoftBank the company’s largest shareholder and providing a huge payday for co-founder Travis Kalanick and other early backers. “We’re proud to have SoftBank, Dragoneer and the entire consortium in the Uber family. This is a great outcome for our shareholders, employees and customers,” an […]

Tess Torelli January 18, 2018

Shari Redstone, a controlling shareholder of CBS, has discussed adding new directors to the CBS board as she renews her push to merge the company with Viacom, The Wall Street Journal reported on Wednesday. Shari Redstone and Sumner Redstone, her ailing 94-year-old father, together control both CBS and Viacom Inc through their privately owned movie […]

Tess Torelli January 18, 2018

The Federation of American Scientists estimates that India has around 120 to 130 nuclear warheads in its arsenal, while China is believed to possess around 270. Pakistan’s military stockpile is thought to be within the region of 130 to 140. Pakistan has repeatedly expressed concern over India’s development of ICBMs. Shailesh Kumar, senior analyst for […]

Tess Torelli January 18, 2018

Brooks Kraft | Corbis | Getty Images The National Security Agency (NSA) logo is shown on a computer screen inside the NSA in Fort Meade, Maryland. The U.S. Senate on Thursday passed a bill to renew the National Security Agency’s warrantless internet surveillance program for six years and with minimal changes, overcoming objections from civil […]