Business


Trump tapping Washington, Wall Street veterans for top jobs

The comments highlight two potential sources of tension for the Trump administration as it pushes its tax plan - one with congressional Republicans, the other with the federal budget deficit. Mnuchin is a proponent of trickle-down economics, the theory that cutting taxes on the rich and corporations will have benefits that trickle down to Main Street - a theory that failed in its first incarnation under the Reagan administration.


Maersk Line to acquire Hamburg Süd

Maersk Line to acquire Hamburg Süd

Oetker Group , which is family owned and based in Germany, is involved in banking, food, beverages and of course shipping. Maersk Line , the shipping arm of Danish conglomerate A.P. Market participants speculated that the family would choose to sell its shipping container business. Hamburg Sud is also one of the few global shipping lines still unaffiliated with an alliance and recorded $6.7 billion in revenue past year.


Micron Technology Inc. (MU) Stake Maintained by First Eagle Investment Management LLC

Micron Technology Inc. (MU) Stake Maintained by First Eagle Investment Management LLC

In a research note released today, analyst Rajvindra Gill from Needham reiterated a Sell rating on the semiconductor company, Micron Technology Inc . In an effort to expand its SSD product portfolio, last year, the company partnered with Seagate Technology plc STX to supply a significant portion of the latter's NAND requirement.


Japanese road closed after sinkhole opens up again

Japanese road closed after sinkhole opens up again

The speedily repaired Japanese sinkhole is sinking again, said CTV News . While Japan was initially praised for its efficiency in repairing the problem, there is now concern over how quick the work was carried out. Fukuoka mayor Soichiro Takashima apologized in a Facebook post for not warning residents that the street could sink slightly as the sinkhole filling settles, and added that the street may continue to sink a few more centimeters before the fix is fully compressed.



Space Scientists Confirms Leaning San Francisco Tower Is Sinking Deeper

The data processed by the ESA show that it may be sinking by as much as 40 mm per year. Green represents stable targets. Using ESA' Sentinel-1 and doing multiple radar scans on San Francisco, it is found out that it is not only Millennium Tower that is sinking, other places in San Francisco is too.



Palo Alto Networks Inc. (PANW) Receives Buy Rating from BTIG Research

Earnings Per Share is computed by dividing the total profit by its total shares. (NYSE:RDN) for the current quarter is 17.6 percent. Corporate insiders own 4.80% of the company's stock. During last 5 trades the stock sticks nearly -13.79%. (NYSE: PANW ) announced the integration of its VM-Series virtualized next-generation firewalls with Amazon® Web Services (AWS®) Auto Scaling and Elastic Load Balancing (ELB).