Business

Western Digital group finalising $17 billion deal for Toshiba chip unit

Western Digital group finalising $17 billion deal for Toshiba chip unit

Western Digital is likely to invest 150 billion yen in convertible bonds, about 16 percent of the voting rights when all bonds are converted to ordinary shares, and its stake will be limited to a third of voting rights. Western Digital's conciliatory offer comes amid what sources have described as wariness among Toshiba's chip business executives of a deal with the USA company.


The most Expensive Cigarettes in the U.S. will be in NY

The most Expensive Cigarettes in the U.S. will be in NY

Opponents of the price increase say it may push many smokers into buying untaxed, unregulated cigarettes on the black market. De Blasio, speaking at a bill-signing ceremony in Brooklyn, said the seven bills approved by the City Council earlier this month were aimed at cutting the number of smokers in the city by 17 per cent, or 160,000 users by the end of 2020.


Sky stopped broadcasting Fox News in Britain because barely anyone watched it

Sky stopped broadcasting Fox News in Britain because barely anyone watched it

While it's easy to believe that low viewer figures are to blame for the jettisoning of Fox News, it may not be the only reason. The channel, which has been steadfast in its support of US President Donald Trump in the face of opposition from the rest of the mainstream media, attracts only around 2,000 viewers a day in the UK.


Cracker Barrel fulfills couple's goal to visit all locations

Cracker Barrel fulfills couple's goal to visit all locations

Their quest began 40 years ago when Ray Yoder delivered recreational vehicles across the country for Coachman. But while Ray Yoder now calls the restaurant a "home away from home", the surprising truth is that he didn't actually really like the place at first.


Stock Jumping Abnormally High: Marathon Oil Corporation (MRO)

Stock Jumping Abnormally High: Marathon Oil Corporation (MRO)

Closing price generally refers to the last price at which a stock trades during a regular trading session. About 1.32 million shares traded. Marathon Petroleum Corp (NYSE: MPC ) has risen 46.20% since August 28, 2016 and is uptrending. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. RBC Capital Markets has "Hold" rating and $14.2500 target. The count of Hold ratings in that period was 4.


FCA Calls On Arnie To Bulk Up Insurance Misselling Campaign

FCA Calls On Arnie To Bulk Up Insurance Misselling Campaign

The consumer champion has launched a tool to help you make a complaint for free , which is supported by major United Kingdom banks and building societies. I've been mis-sold how much!? We want to encourage people to decide whether to find out if they had PPI and whether to complain or not. The FCA now says that if the cost of your PPI was made up of more than 50% commission and you weren't told this, you should get the difference back plus interest.