Business

$5B in Student Loan Debt Could Be Gone Thanks to Missing Paperwork

The National Collegiate Student Loan Trusts "is struggling to prove in court that it has the legal paperwork showing ownership of its loans", the newspaper said. The 15 trusts have led a serious offensive to track down the borrowers who fall behind on their student loan payments. The missing documentation may mean tens of thousands could be off the hook for paying back loans.

Dominion Diamond Corporation (NYSE:DDC) Price Target Raised to $14.25

The legal version of this piece of content can be accessed at https://www.chaffeybreeze.com/2017/07/18/dominion-diamond-corp-ddc-stock-rating-lowered-by-paradigm-capital.html. Dominion Diamond Corporation declared that its board has approved a share repurchase program on Monday, July 17th that authorizes the company to repurchase shares.

Frontier Airlines offering low fares, direct flights from Buffalo

The new flights on Frontier will be a mix of weekly and daily service, and all new routes will begin before the end of the year. Frontier will offer flights to Austin , Texas and Denver starting in October. Tickets for New Orleans , Phoenix and San Diego are now available for purchase. And Frontier will add a new flight between West Palm Beach and Long Island.

Presidential elections fight between ideologies, not persons: NCP

After polling, these ballot boxes will arrive in Delhi on Tuesday, and the votes will be counted on July 20. It will be only the second time that India has had a Dalit head of state. In the Rajasthan Assembly 199 legislators out of 200 exercised their franchise. The ballot paper was in two colours - Green colour ballot for MPs and Pink colour for MLAs and two columns - the first column had the candidates' names and second to mark preferences by electors.

Wildfire Destroys Dozens Of Homes Near Oroville

The Fort McMurray wildfire charred more than 1.43 million acres of land and destroyed at least 10% of the city, including more than 2,400 homes, businesses and other structures. West. In a statement issued on July 9, the minister said: "On behalf of the Federal Government, the Minister of National Defence, the Honourable Harjit Sajjan, and I have accepted a request for federal assistance in dealing with the wildfire situation from my provincial counterpart, Todd Stone, Minister of ...

Tech Companies Stage "Day of Action" Urging FCC to Protect Net Neutrality

Even companies such as Facebook , Amazon and Google are getting in on the action, bringing awareness to the issue of a free and open Internet. Below are three things you can do today to make sure we let everyone in Congress and the FCC know that we won't let them destroy net neutrality .

Man survives shark attack

Right before the attack, lifeguards at Haulover Beach in Miami immediately began blowing their whistles after spotting the shark in the water, according to Local 10 . The swimmer, who was alert and conscious, was transported to Aventura Hospital with injuries to his lower limbs, according to Miami-Dade Fire Rescue.

Pakistan Army chief hails Kashmir militant Burhan Wani

Four districts of Jammu and Kashmir - Pulwama, Kulgam, Shopian and Anantnag - have been on the boil since Wani's death. The UJC had announced the protest programme on Monday in connection with what it called the first death anniversary of Wani.

McGregor Press Tour Starts Tuesday at Staples Center

Floyd "Money" Mayweather isn't exactly the most popular man in the world of sports , but he's certainly one of the richest. This may well be true due to the variety of styles allowed in the Octagon, but given that McGregor made a career in that sport, odds are training for an event in another sport is a bit more challenging.

Tesla Inc Shares Crushed As Model 3 Wait Turns Anxious

The key to the outperformance will be the Model 3, researchers noted. Sales included 12,000 Model S sedans and 10,000 Model X crossovers . That's down from an earlier estimate of 13 percent. Even when Mr. Musk laid out an updated Tesla "master plan", with a pledge to expand beyond electric cars into battery-powered pickups, semitrailer trucks and buses, and to equip them with advanced self-driving systems, the stock remained at about the same level.

Worldpay shares surge on takeover approaches

Vantiv, a US -based payments processing and technology provider, and Worldpay, its counterpart in the United Kingdom , have reached "an agreement in principle on the key terms of a potential merger", reports Paybefore sister publication Banking Technology .

Quarterly Sales Analysis of Rite Aid Corporation (NYSE:RAD)

Following the earnings release, the company's share price rose 4.03% during pre-market trading session. Finally, Vetr upgraded Rite Aid Corporation from a "buy" rating to a "strong-buy" rating and set a $6.58 price target for the company in a report on Thursday, March 2nd.

New Zealand extend lead over USA in America's Cup final

Oracle finished Race 6 ahead by six seconds to take their first point in the 35th Americas Cup. But Spithill's been here before. To add insult to injury, Burling waved at this rivals - as it to say, "See ya", - as the Kiwi's flew away and across the starting line with Oracle 18 seconds in arrears.

Fed: Biggest US banks strong enough to withstand recession

Shareholders of the fourth-largest USA bank have been clamouring for management to buy back more of its stock, which is trading below what its assets are worth. Banks are still subject to a second portion of the test in which the Fed approves or denies their capital plans. "This year's results show that, even during a severe recession, our large banks would remain well capitalized", said Fed Governor Jerome Powell.

Bill Cosby Sexual Assault Trial: Jury Deliberates for Third Day

Embattled comedian Bill Cosby remains "in good spirits" as jurors in his sex assault trial continue deliberations for a second day. Since the prosecution and the defense gave closing arguments Monday in Montgomery County, Pennsylvania, the jury has spent more than 13 hours behind closed doors examining the details of the case and requested that testimony be read back to them during deliberations.

Saudi Arabia's oil exports seen below 7 mln bpd in summer

Crude prices have fall by more than 10 percent since late May, pulled down by a supply glut that persists. In the report , OPEC pointed to continued high compliance by its members with the supply deal and said oil stocks in OECD nations fell in April-although they are still 251 million barrels above the five-year average.

During Meeting On Sexism, Uber Board Member Says Women Talk Too Much

Board member Arianna Huffington can be heard at 6:40 on an audio recording of the meeting recovered by Yahoo Finance discussing the bonus of adding a woman to the board. His resignation from the board is effective Wednesday morning. That spurred outrage in the tech world as the incident came hard on the heels of the completion of a law firm's investigation, led by former U.S.

Trump soon expected to target Obama's legacy in US-Cuba ties

Given the interest from both American businessmen and general public about improving tourism and trade with Cuba, "I could see some symbolic changes to policies - perhaps more scrutiny of reasons for traveling to Cuba - but not a rollback", Dan Mahaffee, an analyst with the Center for the Study of the Presidency and Congress, told Xinhua.

GE Healthcare's Flannery named CEO of General Electric; Immelt to retire

USA technology and engineering conglomerate GE today (June 12) announced John Flannery , the current president and CEO of its healthcare unit, as the group's new CEO effective August 1 and chairman and CEO effective January 1, 2018. Immelt will step down from the chairman position on December 31, and Flannery will take it over then, as well. In pre-market activity on the NYSE, GE shares were gaining 2.7 percent to $28.69.

Qatar rebounds but oil price plunge drags down Saudi

The US benchmark, West Texas Intermediate (WTI), was down 0.81 per cent at $47.80 a barrel. USA crude production will average more than 10 million barrels a day for the first time in 2018, breaking a record nearly five decades old and keeping prices from rising as much as previously estimated, government forecasts showed Tuesday.

Uber weighs leave of absence for CEO

The report, conducted by former US attorney general Eric Holder , has already been distributed to the board, Recode reports, and it follows the termination of dozens of Uber employees and the disciplining of others for incidents related to sexual harassment charges in recent months.

Trump to modernise America's Air Traffic Control System

Their union, the National Air Traffic Controllers Association , endorsed Shuster's bill after winning assurances that controller wages, benefits and collective bargaining rights would be protected. Both sides of the privatization debate say the system is one of the most complex and safest in the world. The plan calls for creating a board with representatives from airlines, unions, trade groups and the federal government.

Trump Organization to launch 'American Ideas' hotel chain

At a party at Manhattan's Trump Tower, Donald Trump Jr. said he and his brother, Eric, got a "crash course in America" while traveling across the country with their father's presidential campaign. "We did everything, we swept floors, cleaned toilets, made beds. It's not Trump, it's not SCION, it is unique ... the American IDEA midscale property".

UK's May sees lead slip further, still set for majority - Opinium poll

The striking thing, though, is that it looks, at first sight, like the Tories have reined in their ambitions. For Corbyn the questioning started more gently, but he became irritable when repeatedly asked about whether he'd be prepared to use nuclear weapons.

Markets Right Now: S&P 500, Nasdaq on track for more records

At 9:40 a.m. ET, the Dow Jones Industrial Average (.DJI) was up 1.22 points, or 0.01 percent, at 21,145.40. Europe's broad FTSEurofirst 300 index .FTEU3 ended up 0.39 percent, at 1,538.07. The WSJ Dollar Index rose 0.2% while 10-year Treasury yields edged up to 2.217% from 2.198% Wednesday. Energy blue-chips Exxon Mobil Corp (NYSE: XOM) and Chevron Corp (NYSE: CVX) fell 1.5% and 1.1%, respectively, after President Trump withdrew the United States from the Paris climate accord.

May Jobs Report: Payrolls Disappoint, But Unemployment Rate Dips to 4.3%

The highest unemployment rate was in El Centro, Calif., at 19.2 percent. There were some bright spots in May's jobs report that reflect an economy that continues to run neither too hot nor too cold, with economic growth holding at a tepid but far from recessionary 2 percent annual rate.

OPEC extends oil output cut by nine months to fight glut

Oil prices dropped five percent last week after OPEC and non-OPEC producers agreed to cut oil supplies at a level less than investors were expecting. The latest weekly inventories data will be a day later than usual this week due to the USA holiday and relatively thin, choppy trading conditions are liable to persist in the short term.

Gold steady ahead of Fed minutes

Investors are also awaiting more details regarding the Fed trimming its $4.5 trillion balance sheet. The minutes will be released at 2 p.m. ET (1600 GMT) and Fed funds futures show that traders now see a 75 percent chance that the USA central bank will raise interest rates in June.

Justice Dept. to sue Fiat Chrysler over excess emissions

It follows the EPA's notification in January of its investigation into Fiat Chrysler's compliance with the Clean Air Act. The DOJ filing follows a January 2017 issuance of a Notice of Violation by the EPA against the automaker that cited the 2014-16 Jeep Grand Cherokee and Ram 1500 models as possessing undisclosed auxiliary emissions control devices that permit these vehicle to emit higher-than-certified nitrogen oxide (NOx) levels.

SoftBank's Vision Fund for tech raises $93 bn

A number of investment firms and tech companies including Mubadala Investment Company of the United Arab Emirates, Apple Inc., Foxconn Technology Group, Qualcomm Inc., and Sharp Corp committed to the joint tech fund. The fund may also serve the interests of Saudi Arabia by helping Riyadh obtain access to foreign technology. This comes at an important time for Saudi as their economy has taken a hit from the low oil prices .