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Finance

Singer's hedge fund, Elliott Management, which is its biggest creditor and has opposed Berkshire's offer . According to Reuters, the board at Energy Future opted for the Sempra bid after receiving assurances from Sempra officials that its offer for Oncor would received approval from the Public Utility Commission of Texas, as well as a US bankruptcy judge.
  • Takata air bag inflator ruptures during auto fix, killing man

    Takata air bag inflator ruptures during auto fix, killing man

    Finance

    The automaker says police photos show the inflator exploded and shot out metal fragments. The defective air bags can explode with too much force and spray shrapnel into the vehicle. The company added that it had mailed 12 notices about the recall effort over almost seven years to the owners of the vehicle. The inflators, which were either originally used in the vehicles or used as replacements after a crash, differ from Takata's previous recalls because they contain calcium sulfate, a ...
  • Criminal complaint filed against man who assaulted Delta flight attendant

    Criminal complaint filed against man who assaulted Delta flight attendant

    Finance

    The Boeing 767-300ER, which had taken off at 5:24 p.m. PT, turned back and landed at Sea-Tac airport at 7:09 p.m. PT, flight-tracking website FlightAware shows. Hudek is the son of a Delta airlines employee. Delta Air Lines confirmed the incident in a Monday statement to International Business Times . The Atlanta-based airline said the flight re-departed for Beijing later on Thursday.
  • US U19 team, Okogie, eliminated at world championship tournament

    US U19 team, Okogie, eliminated at world championship tournament

    Finance

    It's on me that we couldn't do anything to adjust and slow Canada down. I enjoyed coaching each one of them. "Congratulate Canada, they deserved to win the game". "From the jump our energy wasn't there". The win gave Canada its first-ever gold at a FIBA men's event. Spain, which won its first five games and advanced to the semifinals in the tournament, was represented by Terps' redshirt freshman forward Joshua Tomaic (Lanzarote, Canary Islands).
  • Samsung investing $18bn to expand memory chip business

    Finance

    First of all, it is going to invest about $12.5 billion (14.4 trillion KRW) until 2021 to extend second floor of its first semiconductor line in Pyeongtaek. The global shortage of chips though could drive the prices high which is a benefit to Samsung as it could drive their profits even higher in the coming financial periods, thus permanently unseating Intel as the leading chip maker and this is evident as it continues its investment in production facilities.
  • Holiday travelers rejoice: Pittsburgh-area gasoline falls again to $2.54 a gallon

    Holiday travelers rejoice: Pittsburgh-area gasoline falls again to $2.54 a gallon

    Finance

    The Hilo average price is $3.03. One reason: a report on Thursday by the U.S. Energy Information Administration that drilling activity in the United States dropped by two rigs - the first pullback since January. AAA Michigan surveys daily fuel prices at 2,800 gas stations across the state. "While it has been over a month since the national average last saw a weekly rise, it is looking more likely we will soon face just that".
  • Saudi hopes for 'positive' Qatar response to demands

    Saudi hopes for 'positive' Qatar response to demands

    Finance

    On Sunday US president Donald Trump spoke to the leaders of Saudi Arabia , the UAE and Qatar to discuss his "concerns about the ongoing dispute". Meanwhile, Qatar's Defense Minister Khalid al Attiyah said on Sunday country is ready to defend itself if necessary. Several other Muslim nations also downgraded their diplomatic ties with Qatar .
  • Ibaka, Raptors agree on $65 million, 3-year deal

    Finance

    However, retaining him makes little sense if the Raptors do not intend to also re-sign Lowry, who shares an agent with Ibaka, because Toronto would be heading for a rebuild. Ibaka didn't call out any reporters specifically, but as Bleacher Report noted on Saturday, this week ESPN's Zach Lowe discussed the topic during an appearance on BR's "The Full 48" podcast.
  • Hong Kong in Photos: 1997 to 2017

    Hong Kong in Photos: 1997 to 2017

    Finance

    The day marked the 20th anniversary of Hong Kong's handover to China from British rule. While he said the central government was ready to talk to anyone regardless of their political views, Xi spent a significant part of his 30-minute speech warning against challenges to sovereignty and urging the city to improve its system to uphold national security, sovereignty and development interests.
  • Constellation Brands Earnings Soar as Beer Gets Even More Profitable

    Constellation Brands Earnings Soar as Beer Gets Even More Profitable

    Finance

    It has no change, as 74 investors sold STZ shares while 244 reduced holdings. only 93 funds opened positions while 219 raised stakes. Constellation Brands, Inc is an worldwide beverage alcohol company. The original version of this piece can be viewed at https://www.themarketsdaily.com/2017/06/28/constellation-brands-inc-stz-shares-bought-by-kcg-holdings-inc.html.