Money

PPG ends quest to buy Akzo Nobel for at least six months

PPG ends quest to buy Akzo Nobel for at least six months

Dulux owner Akzo had rejected three takeover bids from PPG, forcing the USA giant to either attempt a hostile takeover or throw in the towel. PPG said those talks lasted less than 90 minutes. The fund claimed he was in "flagrant breach" of his duties to investors for rejecting PPG's offers. Under Dutch securities rules, PPG can not make another offer for Akzo for six months. Read More

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Man Tries to Enter Malaysia Airlines Cockpit, Flight Diverted

Man Tries to Enter Malaysia Airlines Cockpit, Flight Diverted

All other passengers have since disembarked without any reported casualties. Malaysia Airlines released a statement that said the flight was diverted due to a "disruptive passenger" but denied it was an attempted "hijacking". Victoria Police later said the incident was not being treated as terrorism and that the man's object was not a bomb. The plane turned back to Melbourne airport when the incident began. Read More

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Uber just fired the engineer at the center of the Google lawsuit

Uber just fired the engineer at the center of the Google lawsuit

The case prompted Levandowski in April to temporarily step aside as Uber's top self-driving auto executive and avoid working on anything related to lidar, an array of sensors that enables autonomous vehicles to navigate the roads. Uber said his refusal to hand over those documents - a key piece of evidence in the lawsuit between Uber and Google's parent company - violated the terms of his employment. Read More

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Schapelle Corby's first Instagram post

Schapelle Corby's first Instagram post

There were chaotic scenes as she negotiated her way to the Bali airport via the parole office where she signed forms guaranteeing her freedom. So desperate were the media for a glimpse of the woman dubbed the Ganja Queen in Indonesia, one journalist fell off the wall bordering the parole office - where she signed final documents - falling two metres to a sickening thud. Read More

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Gregg Allman, of The Allman Brothers Band, dies at age 69

On Saturday, May 27, 2017, a publicist said the musician, the singer for The Allman Brother . Keyboard player Chuck Leavell joined the band following Duane Allman's death and the band continued to soar. After promising live gigs around the South and a disastrous stint in Los Angeles, where a record label tried to mold them into a psychedelic rock band, the Allman Brothers formed in earnest in Jacksonville, Florida, in 1969. Read More

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Green groups to protest Adani project

Green groups to protest Adani project

Another lawmaker, Larissa Waters, said Adani "has thrown a tantrum to bully the Queensland government". Meanwhile, in a separate statement on Wednesday, Adani Enterprises said it has deferred a final investment decision on the Carmichael coal project in Australia as the state government of Queensland has yet to approve a royalty deal for the mine. Read More

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SCOTUS Ruling On NC Congressional Districts Could Set Precedent

The court's majority rejected GOP claims that political considerations were the primary factor in how the maps were drawn, according to UNC Constitutional Law Professor Michael Gerhardt. The ruling Monday will not impact North Carolina's congressional districts as now drawn. The Supreme Court affirmed that ruling. In doing so, Kagan said the court would not "approve a racial gerrymander whose necessity is supported by no evidence and whose raison d'être is a legal mistake". Read More

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Police stop sharing Manchester intel with US

The club dedicated their trophy to those killed, while manager Jose Mourinho said they would gladly exchange it if it could bring their lives back. British Prime Minister Theresa May will raise concerns with Donald Trump tday about USA leaks of intelligence on the suicide bombing in Manchester that police fear could hinder a hunt for a possible bomb-maker still at large. Read More

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Troops pull out of Brazil capital; president under pressure

Troops pull out of Brazil capital; president under pressure

Brazil's president canceled an order that sent 1,500 soldiers onto the streets of the capital following criticism the move was excessive and merely an effort to maintain power amid increasing calls for his resignation . The latest protests against the Temer administration, installed a year ago with the removal of former President Dilma Rousseff in an impeachment process widely condemned as a parliamentary coup, come on the heels of the most severe scandal to hit the government yet ... Read More

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LeEco Said to Slash US Jobs Amid Global Restructuring

LeEco Said to Slash US Jobs Amid Global Restructuring

Liang joined Leshi as an executive in 2012. Apart from that Leshi would also be losing its chief financial officer Yang Lijie, who apparently is resigning due to personal reasons. Sunac might have requested this move, or there could be differing opinions from the board for this decision. "In the future, we hope LeEco is only formed of two parts: the listed businesses and the auto unit", a transcript of an interview with Jia provided by LeEco said. Read More

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Detroit Tigers strike early, end Texas Rangers win streak

RAYS 9, YANKEES 5: Corey Dickerson homered twice, and the Tampa Bay Rays won their season-high fourth in a row, beating NY in a game that included three hit batters, three ejections and one animated argument. Martinez tied it with his fifth home run in six games. The Rangers won the Friday opener here 5-3, then on Saturday Detroit scored seven runs in the first three innings on the way to a 9-3 victory. Read More

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Facebook CEO Mark Zuckerberg posts video of Harvard acceptance in 2002

Facebook CEO Mark Zuckerberg posts video of Harvard acceptance in 2002

The joyous moment was captured by his father Edward Zuckerberg, who couldn't have been any more proud. Almost 15 years after that, he will get his honorary degree at commencement next Thursday. Eventually the pyjama-wearing teen is able to find the words and declares somewhat lacklusterly: " Yay, I got accepted ". But that changes next week when he is scheduled to speak at Harvard's commencement and where he said he will receive his degree. Read More

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Rating Roundup: Coca-Cola Company (NYSE:KO)

Rating Roundup: Coca-Cola Company (NYSE:KO)

TheStreet raised shares of The Coca-Cola from a "c+" rating to a "b" rating in a research note on Thursday, April 27th. Coca-Cola Company (NYSE:KO) 52-week high price stands at $44.79 and low price stands at $39.53, its price distance from 52-week high is -1.92% while its distance from 52-week low price is 11.13%. Read More

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Ryan says no rush to judgment on Comey firing

Ryan says no rush to judgment on Comey firing

The White House is disputing a report that President Donald Trump asked C. "And we'll see where the facts lead". Asked what he thinks of the Trump presidency, Putin said it's up to the American people to judge and his performance can be rated "only when he's allowed to work at full capacity", implying that someone is hampering Trump's efforts. Read More

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Elliott steps up pressure on BHP to ditch petroleum

Elliott steps up pressure on BHP to ditch petroleum

Elliott's revised proposal still takes aim at unlocking value and halting underperformance in the stock, but doesn't mention a potential delisting from the Australia Stock Exchange. After the meeting, an Elliott spokesman said the meeting was private but constructive. Andrew Mackenzie, CEO of BHP Billiton, has issued a fresh update on the company's progress to grow long-term shareholder value. Read More

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Russia, Saudi Arabia back extension of oil output cuts

Russia, Saudi Arabia back extension of oil output cuts

Meanwhile, away from the oil market, gold prices rose 0.1% to $1,230.20 an ounce, remaining on track for a third consecutive session of gains. "We've come to the conclusion that the agreement needs to be extended". The extension of the cut will initially be on the same volume terms as before, although the ministers said they hoped other producers would join the efforts. Read More

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China presses South Korea on Thaad missile system

China presses South Korea on Thaad missile system

The two leaders agreed to hold talks as soon as possible, with the sidelines of a summit of Group of 20 major economies in Germany in July being earmarked as a possible opportunity for this to happen. The phone call went smoothly despite some conversation about THAAD, according to Yonhap. But in a 25-minute conversation, Moon and Japanese Prime Minister Shinzo Abe said they hoped to meet at an early date and exchanged invitations to visit, according to both sides. Read More

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