Money

Amid competition, Verizon loses key customers for first time

Verizon Communications Inc VZ.N , the No. 1 US wireless carrier, reported a 20 percent fall in quarterly profit as it lost wireless postpaid subscribers despite the re-launch of unlimited data plans. Verizon has explored smaller as well as bigger deals, though nothing has worked out for the company. Our first-quarter results again demonstrated that customers value a high-quality network experience.

GM announces China version of hybrid Volt

PICTURED: People gather around the Audi e-tron Sportback concept vehicle at the Shanghai Auto Show during its media day, in Shanghai , China April 19, 2017. "Electrification is a major trend in China, with pure electric and plug-in hybrid vehicles forecast to grow rapidly for many years". Volvo Cars , the Chinese-owned Swedish automaker, has announced plans to produce a pure-electric auto in China for sale worldwide starting in 2019.

Maryland Weather Forecast: Cloudy And Muggy End To The Week

South winds 5 miles per hour. South wind around 14 miles per hour. Tuesday night: Increasing clouds, with a low around 40. Chance of precipitation is 60 percent. Southeast wind 8 to 11 miles per hour. Tonight: A chance of showers and thunderstorms before 11 p.m., then a slight chance of showers between 11 p.m.

Oil loses momentum on concern over supply that Citi sees easing

Prices lost 53 cents to US$52.65 yesterday, the lowest close since April 7. Crude prices have notched three straight weeks of gains to recover from the slump in March, when prices fell to a four-month low of $47.01 on the back of concerns that a ramp-up in USA oil production would dampen OPEC's efforts to drain the glut in supply.

Netflix stands on the threshold of 100 million subscribers

The earnings report predicts Netflix aims to have a total of 101.95 million memberships by the end of Q2, with the company's executives stating Netflix will break the 100 million total membership barrier by this weekend. Its stock rose $1.90 to $149.15 in Monday's extended trading, even though subscriber growth during the first quarter came in slightly below management forecasts.

Workers relieve pressure on leaking Alaska oil well

Back in 2009, a pipeline spilled some 1,100 barrels of crude in a BP-operated field. Fossil fuel companies have long eyed portions of Alaska's North Slope now off-limits to oil and gas production, including the Arctic National Wildlife Refuge, home to over 200 species of migratory birds and the last onshore area for polar bear dens.

April the Giraffe FINALLY Gives Birth!!!

April the giraffe's calf takes its first tentative steps on April 15, 2017. The staff at the Animal Adventure Park are excited for the new addition to their zoo family. The privately owned zoo began livestreaming from April's enclosure in February. If you remember, a live video feed of a very pregnant April was started back in February.

San Bernardino School Shooting: Slain Teacher, Student & Shooter Identified

Martinez died at a hospital after being shot Monday in his classroom at North Park Elementary School in San Bernardino by the estranged husband of his teacher, Karen Smith, who also was killed. Pakistani-born Malik who met her future US-born husband on a Muslim dating website and married him in Saudi Arabia had pledged allegiance to the Islamic State group on Facebook and was instrumental in radicalizing him.

Uber says growth strong as it gives a peek at earnings

Uber generated $6.5 billion in revenue previous year and its gross bookings doubled to $20 billion, the company said on Friday. Of that $20 billion, Uber says $6.5 billion is net revenue, excluding its costs in China. Revenue includes only the portion Uber takes from fares, except in the case of its carpooling service; the company counts the entire amount of an UberPool fare as revenue.

Toshiba denies report of suspension of chip unit sale process

These concerns were raised in regard to Foxconn's participation in the auction, because of the company's links to China. The memory chip segment is a prized possession of Toshiba, but they are trying to sell it off now because the company is still trying to recover from the multibillion-dollar loss caused by the Westinghouse debacle.

IMF Revises Nigeria's Growth Outlook Upwards

Open markets and increased competition can help poor countries rise from poverty, lower prices in rich countries and force companies and countries to become more efficient and focus on what they do best. "The good news is that, after six years of disappointing growth, the world economy is gaining momentum as a cyclical recovery holds out the promise of more jobs, higher incomes and greater prosperity going forward".

Violence erupts in Venezuela during anti-Maduro protests

Nonetheless, the organization appeared to take aim at the national government in the communique for employing excessive "use of force" against the protesters. But demonstrations had ebbed amid protester fatigue, until a Supreme Court decision in late March to assume the functions of the opposition-led congress sparked outcry.

Sensex ends 213 points higher, Nifty settles above 9200

The BSE benchmark Sensex recovered 213 points on Tuesday as fresh buying by investors led to widespread gains ahead of the earnings season. IT major Infosys rose 1.48 per cent. Meanwhile, the foreign funds sold net Rs. 716.19 crore yesterday, as per provisional figures. Commenting on the sector specific movement, Dhruv Desai, Director and Chief Operating Officer of Tradebulls said that IT stocks witnessed selling pressure throughout the session, whereas banking, media and metals remained top ...

US, Mexico and Canada to make joint bid for 2026 World Cup

According to Gulati, the bid will include 60 games to be played in the United States and 10 each for Mexico and Canada . Gulati said at the announcement in NY that the US would host 60 games - including every game from the quarterfinals on - while 10 each are played in Mexico and Canada .

Bond yields headed northward, RBI tightens rate corridor

The RBI is also likely to say it continues to monitor global markets as the U.S. Federal Reserve's tightening gives pause to central banks around the world, while dealing at home with a surge in cash at banks after the country's ban on some banknotes past year led to a surge in deposits.

Amtrak: Track in derailment was tabbed as potential problem

Santoro said NJ Transit serves as a tenant and has signed an agreement with Amtrak to provide funding for "state-of-good repair" for the Northeast Corridor. New Jersey Transit says it is preparing to resume full weekday service in and out of New York's Penn Station. The governor said that in addition to halting payments, he has asked his attorney general to consider taking legal action to recover the money paid to Amtrak , according to the letter.

Adidas, Carbon take giant step into mass customization of athletic shoes

Eric Liedtke Adidas executive board member for global brands said the group is "unlocking a new era in design and manufacturing" driven by athlete data and agile manufacturing processes , "transforming not just what we make, but how we make it".

Chinese plan for a 'new' economic zone fuels frenzy

The state news agency Xinhua reported that the plans are meant to advance the development of the Beijing-Tianjin-Hebei region and will be expanded to cover an area of 2,000 km in the long term - almost three times the area covered by New York City.

California governor: Drought over, conservation must go on

Brown said. "Conservation must remain a way of life". Achieving the plan's goals will help all of California better prepare for longer and more severe droughts caused by climate change, as directed by the Governor's May Executive Order . About 8 percent of California is still under some type of drought, according to the most recent U.S. Drought Monitor report. "Efficiency is the cheapest and smartest way to extend our water resources".

Misbah-ul-Haq to retire from internationals after West Indies tour

Shadab, 18, who rose to fame in the second edition of the Pakistan Super League in February-March, took 10 wickets in Pakistan's 3-1 T20 series victory against the West Indies last week. The Mianwali-born said that he had witnessed many ups and downs during his career, but overall he is satisfied with the contribution he made to the country.

TASER announces plan to give body cameras to every cop

But Taser hopes that by giving out body-cameras and some other services for free, police departments will sign up for the company's newer software offerings. We're locked into a contract with competing body camera manufacturer VieVu, despite the protestations of Comptroller Scott Stringer's office when the NYPD went ahead with the $6.4 million contract.

Arsene Wenger praises Arsenal fans as end of an era looms

After the two clubs reached a tie, Manchester City's Sergio Aguero nearly scored again, at which point Wenger was not having it anymore. "I tell myself to finish as high as possible..." "It will help us to rebuild confidence because the players felt that we showed some mental strength".

Pink diamond sells for a world record $71.2M

The world's most valuable diamond is up for auction on Tuesday (4 April), four years after the winning dealer failed to come up with the £66m he bid for the gem. The incredible was that this diamond was sold after 5 minutes of the bidding. The buyer's identity is unknown. The diamond fits onto a ring. Before that, a Hong Kong tycoon purchased the cushion-shaped Blue Moon diamond for his seven-year-old daughter.

Train derails at NYC's Penn Station; no injuries reported

Customers can take the 7:29 a.m. train from Babylon due into Atlantic Terminal at 8:43 a.m. Change at Jamaica for service to Penn Station. Typically, the LIRR has use of Tracks 13 through 21, but the MTA says the LIRR will primarily operate out of Tracks 17 through 21 on Tuesday evening.

Cherry Coke cans in China feature the Oracle of Omaha

Coca-Cola launched Cherry Coke in China on March 10, will sell the Buffett cans for a limited time while supplies last. Buffett's investment firm Berkshire Hathaway Inc.is Coca-Cola's biggest shareholder, owning a 9.3 percent stake in the company.

Internet privacy repeal headed to Oval Office

Consumers, the thinking went, should have more of a choice about the kind of information their broadband providers can control and sell, because in the modern age they may not have much choice about whether to use the internet or what company to buy access from.

Anti-allergy medicine EpiPen recall expands to US

The recalled devices may contain a defective part that could cause the pens to fail to activate. The products involved in the recall are EpiPen auto-injectors with an expiry date of May 2017, and EpiPen Jr. Mylan, which is the focus of multiple federal investigations, has come under fire for staggering price increases on the emergency shot in the United States.

Stocks Weaken At Close; Dow Takes First Monthly Hit Since October

THE QUOTE: Trading has been mostly quiet, suggesting portfolio managers looking to bolster their end-of-quarter performance made their moves earlier in the week, said Quincy Krosby, market strategist at Prudential Financial. At 10:55 a.m. ET (1455 GMT), the Dow Jones Industrial Average was down 33.91 points, or 0.16 percent, at 20,694.58, the S&P 500 was down 0.23 points, or 0.01 percent, at 2,367.83 and the Nasdaq Composite was up 3.28 points, or 0.06 percent, at 5,917.63.

Carl's Jr. ditches bikini-clad ads

Hardee's Introduce "No Antibiotics Ever" ChickenUSAgNet - 03/30/2017Carl's Jr. and Hardee's , the sister quick service restaurant chains, added to its all-natural arsenal with the introduction of the all-natural, charbroiled chicken fillet with no antibiotics ever.

Opec & non-Opec to look at extending output cut

Nezar al-Adsani, the CEO of the Kuwait Petroleum Corp., said the decline in crude oil prices was creating risks for investments, which the official Kuwaiti news agency, KUNA, said "could create unstable conditions in Global markets". The reduction by the UAE has helped boost OPEC compliance this month with its production-cutting deal to 95 percent, up from an initial February estimate of 94 percent and a record high, according to Reuters surveys.