Business

Dow Slides Fourth Day as US-China Trade War Worries Hit Equities

Dow Slides Fourth Day as US-China Trade War Worries Hit Equities

Markets in the US sank on Friday, with the Dow Jones Industrial Average sliding for a fourth straight day as trade war worries hit investors after the US slapped China with tariffs on $50 billion in goods, and the Asian nation outlined plans for retaliatory measures. The S&P 500 and Nasdaq were also negative for the day but a late […]

Cryo-Cell International Closes Cord Blood Bank Buyout

Cryo-Cell International Closes Cord Blood Bank Buyout

Cryo-Cell International (CCEL) late Friday said it has negotiated a $9 million increase in its bank loan facility to help fund its $14 million cash-and-stock purchase of the Cord Use: Cord Blood Bank announced June 4. The transaction, which closed earlier Friday, creates the world’s first private cord blood bank and also includes up to $200 million in milestone payments […]

Trump attacks FBI as his lawyer calls for end to Russia probe

Trump attacks FBI as his lawyer calls for end to Russia probe

WASHINGTON: Donald Trump slammed the FBI as he hailed the firing of a veteran Bureau agent as a “great day for democracy,” a move his attorney said he hoped would bring an end to a probe into alleged collusion between the president‘s campaign and Russia. Critics described the axing of Andrew McCabe- the deputy of former FBI director James Comey- […]

JD(U) says its fight for special category status to continue

JD(U) says its fight for special category status to continue

PATNA: A day after (TDP) parted ways with NDA, another ally of the ruling coalition, JD (U), on Saturday said its demand for special category status (SCS) to Bihar was still alive and that the party would continue its struggle for the cause. “JD (U) has been struggling for SCS to Bihar under the leadership of CM for last several […]

Harbour megablock cancelled due to Gudi Padwa

Harbour megablock cancelled due to Gudi Padwa

MUMBAI: line megablock between Kurla-Mankhurd Up and Dn lines has been cancelled to facilitate unhindered travel plans of commuters during festival This has come as a major relief to those traveling by Harbour line during the festival today. The rail blocks will however be carried out on and main line. “To carry out maintenance work of tracks, signal and overhead […]