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Bloomberg sources said in a Friday report Verizon is close to closing on a deal to acquire struggling Internet company Yahoo.

Operating expenses were $5.47 billion for the second quarter of 2016, 26% lower than the second quarter of 2015. The company posted revenue of $7932.00 million in the period, compared to analysts expectations of $7484.56 million. Goldman Sachs has been slashing jobs; 353 jobs...

General Electric Company is a global digital industrial company.

The central bank – which cut rates twice last year to counter the effect of low oil prices – has a 2.0 per cent target for overall inflation, a level last seen in January this year.

The highest risks were associated with the heaviest drinking, but drinkers with low to moderate consumption were also affected.

The segment’s performance was primarily impacted due to lower commodity prices.

Federal antitrust regulators also sued to stop Anthem‘s proposed $48 billion acquisition of Cigna.

Officials said they planned to shut supply intakes if the oil spill reached the community of 14,000 people, which could happen as early as Friday.

Extended Heat Warnings remain in effect while the weather remains at 29 degrees Celsius or above during the day and 18 degrees Celsius or above at night or the humidex reaches 36 or above.

On the company’s financial health, Abbott Laboratories reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 20, 2016.

AT&T also reported growth within its small-business customer segment, which is being driven by mobility, a big area of focus for the company this year. That’s thanks to its acquisition of DirecTV, which the company plans to capitalize on further later this year with...

Yet, slow growth in several emerging nations and challenges in the mobile phone chipset market are potent headwinds. According to the analysts, the company has the Low Price target of $50 whereas, the Mean Target is estimated by the brokers is $57.91. Qualcomm Inc. has been the...

In one olive branch to customers, Bob Jordan – Southwest’s chief commercial officer – said that the carrier will extend by a week a fare sale that was to end Thursday.

Causal factors, VW said, include demand seasonality, the improved vehicle market in Europe, as well as the “return of orders from large corporate fleets that we had forecasted”.

Mawarire who is now in South Africa, says his protests are peaceful and target government corruption, police brutality and delays in salary payments.