Pentagon To Help Fuel Delivery In Sandy-Affected Areas; Fuel From Heating Oil Reserves Released
Federal authorities Friday sought the help of the military to deliver 24 million gallons of fuel to restore gas supply in the areas affected by Superstorm Sandy. There is a severe shortage of fuel as almost 50 percent of the gas stations in Sandy affected areas are inoperable due to power outage.
Top Nasdaq Aftermarket Movers (Blucora, BroadSoft, Pixelworks, Provident Financial Holdings, Theravance, ICF, Oplink, Trimble, NetSpend)
The top after-market Nasdaq gainers Friday were Blucora, BroadSoft Inc, Pixelworks Inc, Provident Financial Holdings Inc and Theravance Inc. The top after-market Nasdaq losers were ICF International Inc, Oplink Communications Inc, Trimble Navigation Limited and NetSpend Holdings Inc.
Wipro Shares Up On Better-Than-Expected Earnings
Wipro Ltd, India’s third largest IT service provider, posted a 24 percent rise in net profit in the quarter ending September 30, benefiting from a boost in outsourcing orders.
All Set For Communist Party Of China’s National Congress; Where Have All Pigeons And Balloons Gone?
The Communist Party of China is leaving no stone unturned to prevent the possible threats to its mega political event -- the National Congress of the party-- scheduled to start in Beijing Nov 8.
Megaupload Founder Kim Dotcom To Launch File-Sharing Site Mega In January
Kim Dotcom, the founder of the now closed file-sharing site Megaupload, announced Thursday a new online file-sharing and storage service.
USC Halloween Party Shooting: 4 Injured
At least four people were injured when a gunman opened fire at a crowded Halloween party on the University of Southern California (USC) campus Thursday morning.
Obama, Romney Make Little Girl Cry; Bronco Bamma And Mitt Romney Video Goes Viral, NPR Apologizes
A video of a 4-year-old Colorado girl crying because she is tired of the frequent mention in the media about the U.S. presidential elections has gone viral on YouTube.
India's October Manufacturing PMI Edges Up; Input-Output Price Index Growth At Two Years Low
India’s manufacturing sector growth improved 0.1 percent in October from the 10-month low in September, aided by an increase in new orders, a survey by HSBC showed.
Modi, Tharoor And The ‘Rs 50 Crore Girlfriend’: Chief Minister's Sexist Jibe Stirs Controversy In India
A comment made by Narendra Modi, the Chief Minister of the north western Indian state of Gujarat, about the wife of a minister has stirred a debate on a range of issues starting from honoring the modesty of women to the public display of affection (PDA), heating up the media and social networking sites.
Hurricane Sandy Knocks Out Some Websites; Off-Site Data Centers, Back-Up Servers Save The Day
Hurricane Sandy, which ravaged the U.S. East Coast, has also wreaked havoc in the cyber world as the storm floods knocked down the servers of several popular websites, forcing them to go offline for hours.
Superstorm Sandy: JFK, Newark Airports To Resume Operations Wednesday; Rescue, Restoration Operations Progress
The U.S. East Coast, which has been battered by the most devastating storm to hit the region in decades, is slowly recovering from the impact. The Port Authority of New York and New Jersey said John F. Kennedy International Airport in New York and Newark International Airport in New Jersey would open at 7 a.m. Wednesday with limited services.
President Obama Declares New York, New Jersey 'Major Disaster Areas' Freeing Federal Funds To Storm Victims
President Barack Obama has declared New York and New Jersey as major disaster areas after the super storm Sandy ravaged the city with 80 mph winds, heavy rain and snowfall triggering an unprecedented 13-foot surge in sea water flooding the city.
Superstorm Sandy's Fury Takes Famous HMS Bounty To Watery Grave In Atlantic (Photos)
HMS Bounty, the famous replica ship that was featured in Hollywood flicks like "Mutiny on the Bounty," "Treasure Island" and "Pirates of the Caribbean: Dead Man's Chest," sank in the rough Atlantic waters caused by Hurricane Sandy, off the coast of North Carolina late Monday night.
Hurricane Sandy: At least 15 Killed, More Than 5 Million Without Power
Hurricane Sandy slammed into the U.S. East Coast killing at least 15 people and tearing down trees and power lines, triggering massive power outages late Monday night with fierce gusts and heavy rains.
United Spirits Shares Lose Over 17 Percent Over Diageo Deal Uncertainty; United Breweries Hits 52-Week High
United Spirits shares plummeted over 17 percent to 990.00 rupees Monday at Bombay Stock Exchange Sensex after its promoter Vijay Mallya hinted that a proposed deal with UK beverage major Diageo may be a "no deal."
Indian Government Unveils Road Map To Consolidate Fiscal Deficit
Indian Finance Minister P Chidambaram unveiled a fiscal consolidation road map Monday, intending to cut the country’s fiscal deficit to 3 percent of GDP by 2017 from the current 5.8 percent, hoping that the Central Bank of India will support the government initiative with rate cuts.
Romney, Obama, Or Neither? Indian Enthusiasm For US Election Wanes
Four years ago, Indians were fired up about Barack Obama. This time, they don't care as much who wins -- but that's a good thing.
Al-Zawahiri Urges Muslims To Capture Westerners, Calls Obama 'Professional Liar'
Al-Qaeda leader Ayman al-Zawahiri has called on the Muslims to kidnap westerners as a means to free the imprisoned jihadists and to restart the Egyptian revolution, the SITE Intelligence Group has reported.
Indian Companies Created 50,000 Jobs In US, Indian Investment Grew 20 Fold In Last Decade: Burns
Indian companies have created 50,000 jobs in the U.S. while the Indian investment in the country grew 20 fold in 10 years to $27 billion in 2010, making the economic relationship between both the countries “very much a two-way street,” says Deputy Secretary of State William J. Burns.
Top After-Market Nasdaq Movers (Gevo, Dreamworks, Micros, Loral, TripAdvisor, Gaiam, Savannah, People’s United Financial, Zynga)
The top after-market Nasdaq gainers Friday were Gevo Inc, Dreamworks Animation SKG inc, MICROS Systems Inc, Loral Space And Communications and TripAdvisor Inc. The top after-market Nasdaq losers were Gaiam Inc, The Savannah BancorpI nc, People’s United Financial Inc and Zynga Inc.
Suicide Bomb Blast Kills 40 At Afghan Mosque
At least 40 people were killed and 40 others injured Friday as a suicide bomber blew himself up outside a mosque in northern Afghanistan, where worshippers gathered to offer prayers on the occasion of the Muslim festival of Eid al-Adha.
Vijay Mallya Thanks God For Losing Billionaire Tag; Kingfisher To Raise Own Funds For Revival
Vijay Mallya , the self-proclaimed “King of Good Times,” lost his billionaire ranking in Forbes India rich list as his net worth eroded 27 percent to $800 million this year from $1.1 billion last year.
Obama Creates History As The First Sitting US President To Vote Early (PHOTOS)
Barack Obama became the first sitting U.S. President to cast his vote before the Election Day in the presidential polls when he voted in his home town Chicago Thursday.
Top After-Market Nasdaq Movers (Synaptics, Expedia, TeleCommunication Systems, PLXT, Stamps.com, Deckers Outdoor, Constant Contact, VeriSign and Coinstar)
The top after-market Nasdaq gainers Thursday were Synaptics Inc, Expedia Inc, TeleCommunication Systems, Inc, PLX Technology Inc and Stamps.com Inc. The top after-market Nasdaq losers were Deckers Outdoor Corporation Ltd, Constant Contact Inc, VeriSign Inc and Coinstar Inc.
Kingfisher Crisis Ends; Management To Pay Four Month Salary, Vijay Mallya Saves His Face
The crisis in Kingfisher Airlines ended Thursday as the management succumbed to the employees’ demand and agreed to pay four months’ salary dues before the year end.
Rajat Gupta Apologizes To Family, Colleagues;Sentence is Too Harsh, Reacts India
Rajat Gupta, the former Goldman Sachs Group (NYSE:GS) board member who was sentenced Wednesday to two years in jail for insider trading, has apologized to his family and colleagues.
Kingfisher Employees Reject CEO’s Claim, Crisis Continues
There seems to be no end to the crisis in Kingfisher Airlines as the striking employees rejected CEO Sanjay Aggarwal’s claim that “most of the employees” had accepted his offer of a staggered payment salary dues.
Majority Of Employees Accepted Salary Proposal, Will Join Duty Oct 26: Kingfisher Management
Most of the employees of Kingfisher Airlines have accepted the salary proposal by the management and agreed to resume work Oct.26, claims airline’s Chief Executive Officer Sanjay Aggarwal.
European Stock Markets Open In Green On Positive EU PMI Hopes
European markets opened on a positive note Tuesday, recovering cautiously from a selloff in the previous session, on the expectation of encouraging data from the manufacturing sector in the euro zone.
Top After-Market Nasdaq Movers (Facebook, RF Micro, PLX, Twin Disc, Idenix, Netflix, Robot, Buffalo Wild Wings, XOMA)
The top after-market Nasdaq gainers Tuesday were Facebook Inc, RF Micro Devices Inc, PLX Technology Inc, Twin Disc Inc and Idenix Pharmaceuticals Inc. The top after-market Nasdaq losers were Netflix Inc, Robot Corporation, Buffalo Wild Wings and XOMA Corporation.