Talen Energy has put a $138 million price tag on capping Colstrip Power Plant’s toxic coal ash ponds. The co-owner and operator of the southeast Montana coal-fired power plant submitted the required estimates earlier this month to the state’s Department of Environmental Quality. Capping the ash pods is only one portion of a three-stage cleanup Read More…
HELENA – While U.S. Senate Republicans’ plan to repeal “Obamacare” has been criticized for potentially undercutting coverage for thousands of low-income Montanans, at least one group is firmly behind it: The state’s primary lobby for small businesses. “What we’re looking for is a health-care system that is affordable, flexible and predictable,” says Riley Johnson, state Read More…
Economics professor Gregg Davis wasn’t always interested in economics, though his interest in natural resources began at an early age. In high school, Davis got a job working in a landscape nursery and fell in love with working in nature. “I loved working with living things,” he said. A Columbus, Ohio native, Davis was the Read More…
Missoula tech firm Submittable announced a $5 Million Series A investment led Silicon Valley-based venture capital firm, True Ventures. Submittable is a cloud-based submission platform that was founded in 2010. The company now has more than 35 employees. “We are positioned as the matching and reviewing platform for any organization looking for work or any Read More…
The debate intensified over whether the growing number of tech companies that blocked white supremacists and a neo-Nazi website on the internet have gone too far, as a prominent privacy group questioned the power a few corporations have to censor. The Chief Executive of Cloudflare Inc., one of several internet companies this week to cut Read More…
SEOUL—For Samsung Electronics Co., the launch this week of a new smartphone and a court ruling for its detained de facto leader may offer closure and clarity for a company rocked by two scandals over the past year. Samsung will unveil the Galaxy Note 8 on Wednesday in New York, releasing what it hopes will Read More…
A pitched battle between China’s technology titans for control of the world’s largest mobile-payments market is starting to ripple overseas. The biggest combatant is Ant Financial Services Group, an affiliate of e-commerce giant Alibaba Group Holding Ltd. and the owner of China’s dominant Alipay service. Alipay lets users pay for everything from haircuts to houses Read More…
Google is working on new tools to help news organizations sell subscriptions, a move that could help ease its strained relationship with publishers. The tech giant said it is testing changes to its “first-click-free” policy that allows access via Google search results to articles that require a subscription. Google might reduce the number of free Read More…
MUMBAI (Reuters) – India’s second-biggest IT firm Infosys (INFY.NS) said on Saturday it will buy back shares worth up to 130 billion rupees ($2 billion), a day after Vishal Sikka resigned as chief executive after a long-running feud with the company’s founders. The board of Bengaluru-headquartered Infosys approved the repurchase of 113 million shares at Read More…
A lawsuit claims that Poland Spring Water is deceiving consumers with evergreen labels that say their bottle contains “100 percent natural spring water” that hails from Maine. The class-action lawsuit filed Tuesday in federal court in Connecticut claims that parent company Nestle Waters North America is bottling common groundwater that doesn’t meet the federal definition Read More…
The sporting goods industry got kicked around on Friday — thanks to a disastrous second-quarter performance by Foot Locker. The sneaker and apparel chain missed estimates on profits, revenue and margins — and investors, scared that the long-running athletic footwear bull market was weakening, ran away from rival Finish Line and Genesco, and from Nike Read More…
Justice may be slow, but this is ridiculous. The Manhattan federal judge who is overseeing a class-action lawsuit against 26 financial firms for allegedly rigging US Treasury auctions last held a hearing for the case on Aug. 22, 2016, court records show. At that time, Judge Paul Gardephe questioned whether the plaintiffs, a group of Read More…
As millions of people move into position for Monday’s solar eclipse, some airlines are encouraging travelers to get a little closer to the action. Southwest Airlines Co. has touted five of its flights that offer “the greatest likelihood” of catching “the best views” of the moon’s 93-minute journey past the sun on Monday, as seen Read More…
Goldman Sachs is growing bearish on the Trump administration. The chances are dimming for comprehensive corporate tax reform, a campaign promise that has kept the stock market higher since November, the Wall Street Goliath said in a Friday note. “We continue to believe a tax cut is slightly more likely than not, but our conviction Read More…
Foot Locker says it is having trouble drawing crowds — but you wouldn’t know it walking by the chain’s Times Square location Friday morning. A line winding around the Broadway and 41st Street corner pulsed with excitement. A new Air Jordan from Nike, perhaps? Nope. The lineup denizens, dozens deep, were there to catch a Read More…
SAN FRANCISCO (Reuters) – Investors worried about lofty stock-market valuations may take comfort in signs that companies in the benchmark S&P 500 index are padding their bottomlines less than they have in previous years. Recent changes to accounting standards and a crackdown last year by the Securities Exchange Commission are encouraging many companies to be Read More…
5Church Charlotte is now the exclusive provider of room service, the operator of the new Sophia’s Lounge and one of two preferred vendors for on property catering at The Ivey’s Hotel. The hotel, lounge and restaurant are conveniently located in the same building at 127 N. Tryon Street, in the heart of Uptown, Charlotte. The Read More…
(Reuters) – A former senior official at the United Auto Workers trade union was charged on Friday with conspiring with other union officials to accept improper payments from Fiat Chrysler Automobiles NV (FCHA.MI) officials over a four-year period. Virdell King, 65, of Detroit, who a union official until February 2016, was charged with conspiracy to Read More…
DALLAS, August 18, 2017 /PRNewswire/ — XBT Holding SA., ein weltweit vertretener Provider für Hosting und Netzwerklösungen, veröffentlichte seine Jahresabschlussergebnisse für 2016: eine Umsatzsteigerung um 28 Prozent dank neuer Kunden und geografischer Expansion. (Logo: http://mma.prnewswire.com/media/545801/XBT_Holding_Logo.jpg ) Die EBITDA-Marge stieg um 3 Prozent im Vergleich zum Vorjahr, auf 41 Prozent. Dieser Anstieg wurde durch einen Read More…
A new bidder has emerged with a $9.3 billion offer for power-transmission company Oncor that could wrest it from a deal in place with Warren Buffett’s Berkshire Hathaway Inc., according to people familiar with the matter. The bidder’s existence materialized in a late-scheduled court hearing on Friday, but the identity wasn’t revealed, the people said. Read More…
Billionaire corporate titan Carl Icahn announced Friday that he is resigning from his role as President Trump’s “special adviser” for regulatory affairs. Icahn, 81, a fellow native of Queens, was one of the first prominent business leaders to endorse Trump’s White House bid . Icahn announced he was stepping down from the unpaid, advisory position Read More…
DETROIT (Reuters) – Federal prosecutors on Friday recommended a three-year prison sentence for Volkswagen AG (VOWG_p.DE) engineer James Liang for his role in a diesel emissions scandal that has cost the German automaker as much as $25 billion. Liang, who pleaded guilty to misleading regulators, is cooperating with prosecutors and will be sentenced on Aug. Read More…
Uber Technologies Inc.’s former chief executive fired back against a lawsuit from one of the ride-hailing firm’s biggest investors, saying Benchmark Capital is engaged in a personal attack that threatens to further damage the company. In a filing to the Delaware Chancery Court late Thursday, Travis Kalanick reiterated his call for the Benchmark legal dispute Read More…
The global photonic crystals market is expected to reach $53,607.1 million by 2021, growing at a CAGR of 8.5% between 2017 and 2021. The photonic crystals market is driven by a number of factors such as superior properties of photonic crystals, increasing demand from various end-use applications, as well as photonic crystals in LED. However, Read More…
PITTSBURGH, Aug. 18, 2017 /PRNewswire/ — Kennametal Inc. (NYSE: KMT) announced today they will participate in a non-deal roadshow hosted by Seaport Global Securities on Thursday, August 24, 2017 in Denver. In attendance will be Chuck Byrnes, President, Industrial Business and Kelly Boyer, Vice President, Investor Relations. The presentation slides will be available on the Read More…
NEW DELHI—Vishal Sikka resigned Friday as chief executive of Infosys Ltd., citing a resistance to change at the company that deteriorated into ugly accusations of mismanagement at India’s second-largest software and outsourcing company. The Bangalore-based company said Mr. Sikka had the support of the board but had been harassed into leaving…
NEW YORK (Reuters) – A U.S. judge on Friday ordered lawyers defending Platinum Partners founder Mark Nordlicht in a $1 billion fraud case not to communicate with U.S. government witnesses or their lawyers, after prosecutors claimed Nordlicht’s lawyers tried to intimidate a key witness. U.S. District Judge Dora Irizarry in Brooklyn said at a court Read More…
DALLAS, August 18, 2017 /PRNewswire/ — XBT Holding SA., un prestataire mondial de solutions d’hébergement et de réseau, a annoncé ses résultats de fin d’exercice 2016, qui montrent une augmentation de 28 pour cent de son chiffre d’affaires en raison de l’acquisition de nouveaux clients et d’une empreinte géographique plus étendue. (Logo: http://mma.prnewswire.com/media/545801/XBT_Holding_Logo.jpg ) Read More…
Walt Disney Co.’s decision this month to stream its own movies and shows marks Hollywood’s latest—and biggest—attempt to wean itself from Netflix Inc. In the shadow of Netflix’s boom, smaller services have been finding niche audiences who appreciate such genres as horror and anime—or themes such as British shows or automobiles—but are unsatisfied by mainstream Read More…
PRINCETON, N.J., Aug. 18, 2017 /PRNewswire/ — AMERI Holdings, Inc. (“Ameri100” or the “Company”) (OTCQB: AMRH), a leading integrated SAP solutions provider, reported financial results for the second quarter ended June 30, 2017. Ameri100’s Financial Results – Second Quarter 2017 vs. Second Quarter 2016: Total revenue was $12.3 million in the second quarter of 2017 Read More…
NEW YORK, Aug. 18, 2017 /PRNewswire/ — NY NOW Market tradeshow is the site for the debut of Elleffe Design to the East coast of the United States. Elleffe Design North America is exhibiting for the first time at the NY NOW tradeshow for the official East coast debut of their luxury Italian home accent Read More…
Foot Locker Inc. followed other sportswear retailers in reporting weaker-than-expected sales for its latest quarter, a sign that the athleisure market may be running out of steam. Its sales at stores open at least a year slid 6%, compared with a 1.7% growth forecast by Consensus Metrix. The decline was Foot Locker’s first for the Read More…
(Reuters) – A lawyer for Elliott Management told a U.S. bankruptcy judge on Friday that an unidentified utility could pay $9.3 billion to buy Texas power transmission company Oncor, topping a $9 billion bid by Warren Buffett’s Berkshire Hathaway Inc. Elliott, a hedge fund and largest creditor of Oncor’s bankrupt parent Energy Future Holdings Corp, Read More…
SAO PAULO (Reuters) – Citigroup Inc (C.N) and seven other banks will underwrite the initial public offering of Petróleo Brasileiro SA’s fuel distribution unit, which will likely occur in November, a person with direct knowledge of the plan said on Thursday. Petrobras (PETR4.SA) (PBR.N), as Brazil’s state-controlled oil company is known, is considering whether to Read More…
NEW YORK (Reuters) – The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test in the weeks ahead with the approach of a historically unkind season for equities and a clutch of issues – such as raising the debt ceiling – awaiting Read More…
The global extruded polypropylene (XPP) foam market is expected to reach USD 1.07 billion by 2025, according to this new report. The growing demand for extruded polypropylene foam in automobiles and packaging industry is expected to boost market growth. The demand for extruded polypropylene foam is high due to its high strength to weight ratio Read More…
WASHINGTON, Aug. 18, 2017 /PRNewswire-USNewswire/ — In response to President Trump’s executive order intended to streamline the environmental approval process for major infrastructure projects, Nancy Somerville, Hon. ASLA, executive vice president and CEO of the American Society of Landscape Architects (ASLA), released the following statement: “ASLA is deeply concerned with the executive order’s roll back of Read More…
NEW YORK (Reuters) – The New York Federal Reserve on Friday raised its estimate of U.S. gross domestic product growth for the third quarter above 2 percent based on this week’s data on retail sales, industrial output and regional manufacturing. The regional central bank’s “Nowcast” model calculated the economy was expanding at an annualized pace Read More…
Traders at the New York Stock Exchange loudly cheered Friday as news broke of White House chief strategist Steve Bannon’s departure – a move that sent sinking stocks bouncing back. see also Steve Bannon is out at White House Top presidential adviser and nationalist bomb-thrower Steve Bannon is out… After struggling all day, the S&P Read More…
(Reuters) – After paying customers millions of dollars for opening phony accounts they did not want, Wells Fargo & Co (WFC.N) has said it is now grappling with the possibility it harmed customers by closing real accounts they needed, leaving them without access to funds. Wells, the third-largest U.S. bank, disclosed in a regulatory filing Read More…
Wall Street’s top regulator on Friday dropped its civil case against two JPMorgan Chase traders who attempted to hide the infamous $6.2 billion “London Whale” trading loss. The Securities and Exchange Commission decided to stop pursuing charges against Javier Martin-Artajo and Julien Grout after a third trader, a witness in the case, recently changed his Read More…
President Trump’s tweetstorms may keep his beleaguered staff up at night, but they help the people who make a buck from the president’s favorite social media sleep like babies. Without Trump, Twitter Inc. could lose almost a fifth of its value, Bloomberg reported on Friday. That’s the conclusion of Monness Crespi Hardt & Co. analyst Read More…
WASHINGTON (Reuters) – The stock market’s steady rise, still low long-term bond yields and a sagging dollar are girding the Fed’s intent to raise interest rates again this year despite concerns about weak inflation, according to comments this week from Fed officials and analysts anticipating remarks next week by Chair Janet Yellen. Minutes of the Read More…
Over 70 organizations participate in Request for Expression of Interest (RFEOI), demonstrating global interest in advancing SMR technology at Canada’s national nuclear laboratory CHALK RIVER, ON, Aug. 18, 2017 /PRNewswire/ – Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, announced today that over 70 organizations have submitted responses to its Request for Expression Read More…