• Disney invests $1b in Major League Baseball streaming business
Disney invests $1b in Major League Baseball streaming business

In conjunction with Disney's earnings print, the company announced it acquired a $1 billion minority stake in MLB Advanced Media's spin-off company, BAMTech . However, despite boasting the brand name the upcoming service will not carry ESPN , due to the channel making a lot of money for Disney with cable and satellite providers.

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  • Carvajal victor lifts Real Madrid to Super Cup glory
Carvajal victor lifts Real Madrid to Super Cup glory

Asensio is truly the future in this young REAL MADRID team! Zinedine Zidane has named a relatively strong Real Madrid squad for their UEFA Super Cup tie against Sevilla. "I think we saw the team was getting gradually better and in terms of possession we dominated Madrid in the second half". The goal scored by Franco Vasquez wasn't a hard ...

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  • Markets Right Now: Stocks trading lower on Wall Street
Markets Right Now: Stocks trading lower on Wall Street

KEEPING SCORE: The Dow Jones industrial average fell 25 points, or 0.1 percent, to 18,507 as of 1:10 p.m. The Standard & Poor's 500 index added 11 points, or 0.5 percent, to 2,187. The chain is scheduled to release earnings early Friday. Nordstrom JWN.N rose 5.6 percent in the run-up to the results after market closes, while J.C.

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  • Delta cancels 25 flights, some due to bad weather
Delta cancels 25 flights, some due to bad weather

And Delta said it gave hotel vouchers to "several thousand" customers including 2,000 in Atlanta . The problems started early Monday when, according to a statement by West, critical piece of equipment failed at the airline's headquarters.

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  • Markets Right Now: Stocks opening higher on Wall Street
Markets Right Now: Stocks opening higher on Wall Street

Kohl's Corp .'s quarterly revenue was down 2.0% compared to the same quarter a year ago. He was encouraged by the juniors and young men departments' performances, as Kohl's entered the Back-to-School season. Operating margin also plunged 220 bps to 7.2%. Kohl's ended the quarter with significantly lower inventory per store compared with a yea...

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  • Tesla Buying SolarCity in All-Stock Deal Worth $2.6B
Tesla Buying SolarCity in All-Stock Deal Worth $2.6B

The combined entity would sell solar panels, home battery storage systems and electric cars under a single brand. Musk also happens to be SolarCity's chairman and cousin to its CEO Lyndon Rive. Elan Musk is the largest shareholder in both the companies. The SolarCity Stockholder will get 0.11 share of Tesla against there each share of SolarCity ...

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  • TSX snaps five-day winning streak as oil prices slide, loonie gains
TSX snaps five-day winning streak as oil prices slide, loonie gains

The S&P/TSX index surged 106.85 points to 14,755.62, gaining strength from the mining and energy sectors. Fehr noted that OPEC wants to stabilize oil prices, but also doesn't want to risk losing market share to the USA, which has increased its shale production in recent years.

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  • Valeant Pharmaceuticals, (NYSE:VRX), Medivation, (NASDAQ:MDVN)
Valeant Pharmaceuticals, (NYSE:VRX), Medivation, (NASDAQ:MDVN)

The Company is engaged in developing, manufacturing, and marketing a range of branded, generic and branded generic pharmaceuticals, over-the-counter (OTC) products, and medical devices (contact lenses, intraocular lenses, ophthalmic surgical equipment, and aesthetics devices), which are marketed directly or indirectly in over 100 countries.

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  • Tesla misses earnings expectations as production falters
Tesla misses earnings expectations as production falters

On Wednesday, Aug. 3, 2016, Tesla reports financial results. The company blamed "steep production ramp, which resulted in nearly half of Q2 production occurring in the final four weeks of the quarter" for lower-than-expected deliveries (read: It's All About Production: Tesla ETFs to Ride on Q1 Results).

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  • Medal rush continues as diving duo make history with gold
Medal rush continues as diving duo make history with gold

The pair have created history by winning Great Britain's first Olympic diving gold medal. The pair produced a sparkling display to add the Olympic title to their Commonwealth and European crowns. Once their fate was decided, tears of joy started streaming down the faces of Mears and Laugher's faces and it is no surprise for the pair who are extre...

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  • Trump Finally Endorses Paul Ryan
Trump Finally Endorses Paul Ryan

Less than an hour before the rally, Ryan had spoken to a Milwaukee radio station, where he said that he still supported the nominee, but that Trump needs to do better at picking his battles: "I wish he would be a little more disciplined". An aide to Ryan said Friday, "He appreciates the gesture and is going to continue to focus on earning the endor...

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  • OPEC oil ministers to meet informally in September
OPEC oil ministers to meet informally in September

On Monday, Wall Street closed down in one of its lowest volume trading day this year, after the S&P slipped 0.2 percent off its record high as healthcare stocks weighed. The Vienna-based Organization of the Petroleum Exporting Countries said in a statement that the meeting would take place on the sidelines of the International Energy Forum in Alger...

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  • Disney Q3 Tops Estimates, Buys BAMTech Stake (DIS)
Disney Q3 Tops Estimates, Buys BAMTech Stake (DIS)

Disney also said it is acquiring a 33 percent stake in BAMTech , a video streaming company formed by Major League Baseball (MLB), for $1 billion. Revenue for the entertainment company was up 9 percent from previous year to $14.28 billion and earnings per share rose almost 12 percent to $1.62 per share.

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  • Suspected meth lab found under parking lot of NY Wal-Mart
Suspected meth lab found under parking lot of NY Wal-Mart

Scott Chamberlin. He said the tunnel was checked randomly and that the officers had not received any tip. "Routine patrol that's what we do everyday". Amherst Police and NYS Police investigated in the parking lot of a Walmart on Sheridan Drive. The chemicals did not pose a danger to the local water supply or Walmart shoppers, Lt.

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  • Trump faces fresh GOP pushback despite bid to reset campaign
Trump faces fresh GOP pushback despite bid to reset campaign

Collins also said that if Bill Weld, the Libertarian vice presidential nominee and former MA governor, were leading that party's ticket, she would vote for him. Donald Trump is seeking to quell concerns he lacks the discipline or policy know-how to make a competent president, even as the list of fellow Republicans deeming him unfit for the Oval Of...

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  • UK Opens Airbus Corruption Investigation
UK Opens Airbus Corruption Investigation

The Serious Fraud Office has launched a criminal inquiry into alleged fraud, bribery and corruption in relation to commercial jet sales by Airbus , the European aircraft-maker disclosed last night. However, the prospect of a criminal investigation could mean the export finance providers keep the tap turned off for much longer, putting a greater ...

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  • Barclays pays $100m libor fine
Barclays pays $100m libor fine

Barclays is pleased to have resolved the state attorneys general's investigation into Barclays' legacy Libor- and Euribor-related activities. It was among a panel of 16 banks that made submissions that were supposed to reflect borrowing rates for the London Interbank Offered Rate for the USA dollar.

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  • Small businesses will feel more secured under GST: PM Modi
Small businesses will feel more secured under GST: PM Modi

Henceforth business houses and entrepreneurs "will be forced" to insist only on pucca bill (original) bill which will "end corruption in the long run". The Lok Sabha on Monday took up the GST amendments proposed by the Rajya Sabha. "We are getting all the blame, a perception has gone we (Congress) stalled the GST ".

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  • Cognizant Technology Solutions Corp. (CTSH) Downgraded by Nomura
Cognizant Technology Solutions Corp. (CTSH) Downgraded by Nomura

Airbus had flagged to United Kingdom regulators and the European Export Credit Agencies earlier this year "misstatements and omissions" involving the outside contractors in some export financing applications, which it found through an internal probe.

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  • Russian Federation sees no grounds for new talks on oil output freeze yet
Russian Federation sees no grounds for new talks on oil output freeze yet

Oil prices rose on Monday, lifted by reports of renewed talks by some members of OPEC to restrain output, Reuters reported . Meanwhile, oil drilling in the U.S. In 2017, a further drop to 55.9 million bpd is expected, OPEC said, due in part to further falls in production by United States shale oil producers, who need a higher oil price tha...

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