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Brexit Watch

Report: Brexit will cause 40,000 investment bankers to leave Britain

LONDON (UPI) -- Britain could lose up to 40,000 investment bankers as a result of Brexit, a new report says. The report from managing consultant group Oliver Wyman says that as Britain prepares to leave the European block by 2019, British bankers working in the European financial system system could move out of London to other European finance hubs. The report states that the European Union "faces a number of broader policy questions about the future structure of the Euro financial system and […]

todayAugust 1, 2017 19

Business & Lifestyle

Ohio State Fair resumes rides after deadly accident

COLUMBUS (UPI) -- The Ohio State Fair said all its rides have passed re-inspection and are back to operating normally after one called "The Fire Ball" malfunctioned and killed an 18-year-old man last week. The Ohio State Fair said normal operations resumed Sunday following the inspections, which were ordered when Tyler Jarrell was killed and seven others were injured -- three critically -- on the Fire Ball last Wednesday. One of the arms of the ride abruptly fell off while the ride was […]

todayAugust 1, 2017 23

Business & Lifestyle

World’s longest suspension bridge opens in Switzerland

RANDA, Switzerland (UPI) -- The world's longest pedestrian suspension bridge opened Sunday in Switzerland, measuring 1,620 feet long and hanging 278 feet in the air. The Europabrücke (Europe Bridge) is also extremely thin, spanning only 25 inches wide. The new bridge, which was built to replace another that had been damaged by rocks, was built with a special cable system to prevent it from swinging, reported the BBC. The bridge provides a shortcut for hikers doing a two-day journey between Zermatt and […]

todayJuly 31, 2017 6

Business & Lifestyle

Charter Communications declines a merger with Sprint

Ed Adamczyk, United Press International Writer STAMFORD, Conn./OVERLAND PARK, Kan. (UPI) -- Charter Communications Inc. ended speculation it would acquire Sprint Corp., announcing it would not seek a merger between media companies. Japanese telecommunications and Internet company SoftBank Group, whose U.S. subsidiaries include Sprint, proposed the deal. It called for a merger of Sprint and Charter, controlled by SoftBank. The new company would then attempt to purchase T-Mobile U.S. Inc., Bloomberg News reported Monday, citing sources close to negotiations. The deal would merge Sprint's wireless […]

todayJuly 31, 2017 5

Business & Lifestyle

Discovery to buy Scripps in deal valued at $14.6 billion

SILVER SPRING, Md./CINCINNATI, Ohio (Heartland Newsfeed) -- Discovery Communications Inc. said Monday they have reached an agreement to buy Scripps Networks Interactive Inc. in a cash-and-stock deal valued at $14.6 billion, including $2.7 billion of debt. Discovery will pay $90 a share, or 34% over Scripps' unaffected share price as of July 18. The deal is expected to close by early 2018. The combined company will produce about 8,000 hours of original programming annually and be home to about 300,00 hours […]

todayJuly 31, 2017 5

Business & Lifestyle

WSJ report: Charter says no thanks to Sprint mega-merger

STAMFORD, Conn./OVERLAND PARK, Kan. (Heartland Newsfeed) -- Charter Communications Inc. said it isn’t interested in buying Sprint Corp., rebuffing a gigantic merger offer and ending several weeks of deal talks between the media and communications companies. Sprint proposed a merger with Charter that would create a massive new entity controlled by SoftBank Group Corp., Sprint’s parent, the Wall Street Journal reported Friday. On Sunday, Charter said it isn’t interested in the deal and indicated it would stick with an existing wireless […]

todayJuly 30, 2017 28

Business & Lifestyle

Melbourne’s Tran Siu in attendance as Melbourne Chinatown Precinct Association fundraiser a huge success

PARKVILLE, Victoria, Australia (Heartland Newsfeed) -- A July 12 fundraising dinner co-sponsored by The Children’s Bioethics Centre Development Board (CBCDB) and the Melbourne Chinatown Precinct Association Inc. (CPA) was held at Shark Finn Restaurant in Melbourne, with several notable personalities such as Tran Siu, Peter Collina and Nyssa Large, who made news for having partied with Justin Bieber during his recent visit to Melbourne and the famous Harvard University Krokodiloes, a singing group that has been active since 1946 that has […]

todayJuly 30, 2017 34

Business & Lifestyle

Chevron shares flat after revenue beats estimates, profits rise from a year ago

SAN RAMON, Calif. (Heartland Newsfeed) -- Chevron on Friday reported quarterly profits and revenues that beat Wall Street's expectations as the company cut costs and as oil and gas prices and refining margins improved. Shares of Chevron were up more than 1 percent after the announcement. The oil major earned $1.7 billion, or and adjusted 91 cents a share, excluding impairments and gains from asset sales. Analysts had expected Chevron to earn 87 cents a share on $32.09 billion in revenue. The […]

todayJuly 28, 2017 3

Business & Lifestyle

House passes spending bill with $1.6 billion to begin border wall

Ray Downs, United Press International Writer WASHINGTON (UPI) -- The House approved a $788 billion national security bill Thursday that includes $1.6 billion towards a wall along the U.S.-Mexico border. The bill, which passed along mostly party lines, 235-192, mostly allocates money for programs other than beginning construction of the wall -- including energy, water, defense, the Army Corps of Engineers, and implementing a 5% raise in veteran's programs. GOP leaders praised the bill as a fulfillment of one of President Donald […]

todayJuly 27, 2017 4

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