Business

With Shares Trading down at $22.34 (KR) Kroger Announces Retirement of Jayne…

With Shares Trading down at $22.34 (KR) Kroger Announces Retirement of Jayne…

KR has been the subject of a number of research analyst reports. Total shares held by institutions as of the most recent company filings are 414,819,939 with a reported 28,231,321 bought and 58,047,918 sold. Kroger Company (The) announced that its board has initiated a stock repurchase program on Thursday, June 22nd that allows the company to repurchase $1.00 billion in shares.


Self-driving Lyft cars to be tested in the Bay Area

Self-driving Lyft cars to be tested in the Bay Area

Details are a little scarce in terms of what exactly this pilot will entail, but Lyft says it will commence in the Bay Area ( San Francisco ) soon. Drive.ai, one of the first startups in California to get a self-driving vehicle permit, takes a deep learning approach in creating artificial intelligence that powers self-driving cars.


Uber to stop using diesel cars in London by end 2019

Uber to stop using diesel cars in London by end 2019

If you own a diesel and drive with Uber, your days are numbered, but you could get some cash for changing cars. Ultimately, Uber wants every vehicle using the app in London to be electric by 2025. The ride-sharing company says more than half the miles on UberX journeys in London are already in hybrid or fully electric cars. The move follows a flurry of auto companies, including Ford, Toyota and Nissan, announcing their own scrappage schemes in recent weeks in a bid to help drivers of ...


Pakistan's Habib Bank to pay $225m NY fine

Pakistan's Habib Bank to pay $225m NY fine

However, a 2016 inspection revealed that the bank had not endeavored to comply with United States regulations and particularly failed to properly screen at least 13,000 transactions flagged by its monitoring system. This action has been taken because of terrorist funding on this Pakistani bank. " DFS will not tolerate inadequate risk and compliance functions that open the door to the financing of terrorist activities that pose a grave threat to the people of this State and the financial ...


India's first no-fly list norms out, aims to make flying safer

India's first no-fly list norms out, aims to make flying safer

Anyone who is found to misbehave on a flight can be banned for a time period, ranging from 3 months to lifetime. Significantly, the punishment will be over and above the statutory legal action under existing laws. The system for implementing India's first National Football League is that the pilot-in-command or captain of the plane on which unruly behaviour took place will file a complaint with the airline.