Markets
Dow dumps 500 points, closes at lowest level since April
At 11:46 a.m. ET, the Dow Jones Industrial Average was down 109.17 points, or 0.45 percent, at 23,991.34, the S&P 500 was down 9.60 points, or 0.37 percent, at 2,590.35 and the Nasdaq Composite was down 16.14 points, or 0.23 percent, at 6,894.53. [Full Article...]
Moonves Lawyer: CBS Investigation was ‘Foreordained’ With ‘Baseless Conclusions’
A lawyer for Moonves rejected the decision as "baseless" but did not say whether the former CEO would formally challenge it. With regard to Mr. Moonves, we have determined that there are grounds to terminate for cause, including his willful and material misfeasance, violation of Company policies and breach of his employment contract, as well as his willful failure to cooperate fully with the Com... [Full Article...]
No immediate changes to employment from new fish farm plans: Marine Harvest
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The guidelines also said operators needed to satisfy Fisheries and Oceans Canada that their operations didn't have an adverse impact on the wild stock in the area. "As our province changes, businesses must evolve and that's what we're doing", said Diane Morrison, managing director at Marine Harvest. Marine Harvest employs 600 on its 12 operations. [Full Article...]
Florida man offers to trade marijuana for food at McDonald's drive-thru
However, Gallagher returned to the drive-thru later and officers, who had been given a description of the vehicle and Gallagher, stopped him. That's when an officer made contact with him and noticed a heavy odor of marijuana coming from his auto. [Full Article...]
HQ Trivia Co-Founder Colin Kroll Dies of Apparent Drug Overdose
He was pronounced dead at the scene and the NY medical examiner's office will now determine the cause of death. "We learned today of the passing of our friend and founder, Colin Kroll, and it's with deep sadness that we say goodbye", HQ Trivia tweeted. [Full Article...]
Renault Asks Nissan to Call for Shareholder Meeting
He was sent in by Renault in 1999 to turn around Nissan from the brink of bankruptcy. The preliminary conclusion of Renault's board is that Ghosn's salary, and the conditions under which the salary was approved, were in compliance with applicable law. [Full Article...]
ICBC applies for significant hike on all basic insurance rates in BC
Eby says in a statement that the financial "situation was so dire that had the government not moved to stop the bleeding, the rates would have increased by nearly 40 per cent". In the release, ICBC states the biggest factor impacting the rate increase is the cost of injury claims, which have soared by 43 per cent in five years. [Full Article...]
'Robin Hood' rains cash on Hong Kong street
The young man also shared a number of posts showing him to be in possession of large piles of cash, with authorities now allegedly looking to establish their source. "He wanted to create chaos to do it", he said . He can face a penalty of up to HK$5,000 (RM2700) fine and 12 months in prison for public nuisance. Chong urged people who picked up any spilled notes to hand them in to the police, wa... [Full Article...]