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Patriot air defence unable to resist drones


The general pointed out that while the Patriot had successfully seen off the drone, using a high-tech missile for such a goal was actually a monumental waste of money. The researcher added that although highly sophisticated, Patriot radar systems might actually struggle to properly target a small quadcopter. General Perkins appears to agree, suggesting that shooting large surface-to-air missiles wasn't the most economically sound decision. Read More »

GoPro Cuts 270 Jobs To Reduce Operating Expenses For 2017


This round of restructuring will cut operating costs for the company by more than $200 million, year over year, and position the company for new growth in hardware, software, and in global markets, according to GoPro. For the quarter ending 11/03/2016, The Analyst projected that the company could deliver EPS of -0.35 while the company provided its Actual EPS of -0.6 showing a difference of -0.25 Percent between the Estimated and Actual EPS. Read More »

McDonald's Twitter Account Hacked With Anti-Trump Tweet


It said that President Donald Trump is a "disgusting excuse for a president" and that it would be better to have former President Barack Obama back in the White House. The company has since secured its account, McDonald's added. President Trump - who is meeting with Taoiseach Enda Kenny this afternoon - has previously expressed his fondness for fast food, in particular McDonald's fish fillet burger. Read More »

Cancellations soar past 5700, stretch into Wednesday — Blizzard

Bradley International Airport in Hartford, Conn., canceled all departures on Tuesday and warned passengers that further delays will most assuredly carry into Wednesday . In 2015, the airport served 18.5 million travelers. It usually lets the passenger change their flight without paying a fee. A difference in fare may apply, but the change fee, which is usually $200, has been waived. Read More »

GST laws ready for Parliament, State Assemblies


Speaking in New Delhi at the GST Council meet headed by Finance Minister Arun Jaitley said that July 1 is the tentative date fixed for GST implementation. SGST laws will be taken up by the state cabinets and the respective state assemblies for passage. "Not an extraordinary headspace, but only a marginal headspace", Arun Jaitley said after the meeting. Read More »

Flynn worked for multiple Russian firms


In addition, Flynn received two $11,250 payments, one from the US subsidiary of a Russian cybersecurity firm and another from Volga-Dnepr Airlines, a Russian carrier that runs charter flights. Army lieutenant general misled Vice President Mike Pence and other White House officials about his conversations with Russia's ambassador to the U.S. Read More »

Hacking charges filed in Yahoo data breach

McCord said Baratov, a Canadian national, was arrested this week on a U.S. warrant in Canada. "The FSB used hackers to gain information, some of which had intelligence value, but in doing so the criminal hackers used this opportunity to line their own pockets for financial gain", said Mary McCord, acting assistant attorney general, during a Washington , D.C., news conference . Read More »

Analyst Perspectives: Anadarko Petroleum Corporation (NYSE:APC)


From a summary standpoint, we track the median one-year price target among 33 analysts covering the company at $82.00. 5,288,664 shares of the company traded hands. Marathon Oil has a one year low of $9.65 and a one year high of $19.28. The company is estimating to achieve earnings per share (EPS) growth of -57.90% in this year and the earnings per share (EPS) growth expected to be 23.89% in the next year. Read More »

Audi offices in Germany raided by prosecutors amid VW diesel scandal

Audi later confirmed the raids, saying in a statement that it would "fully cooperate" with the authorities. "The execution of the search warrants is meant to clarify which persons were involved in the use of the relevant technology and, where applicable, were involved in providing inaccurate information to third parties", Heidenreich said in a statement. Read More »

California Joins Legal Challenge To Trump Travel Ban


Of those, 213,689 California residents were born in Iran; 25,903 in Syria; 7,859 in Yemen; 5,505 in Somalia; and 1,761 in Sudan, the documents state citing the 2015 American Community Survey. Maryland Attorney General Brian Frosh said the Free State will join other states and file a lawsuit today to overturn President Donald Trump's revised temporary travel ban. Read More »

Facebook and Twitter face €50m fines for hate speech and fake news


Under the law, companies could face up to 50 million euros - or $53 million - in fines for not responding quickly to complaints of hate speech. "The biggest problem is that the networks do not take the complaints of their own users seriously enough", he said , adding that it will increase pressure on the companies to get results. Read More »

£40 MILLION fines for 'hate speech'


Under the law, companies could face up to 50 million euros - or $53 million - in fines for not responding quickly to complaints of hate speech. Heiko Maas said the voluntary efforts of social networks to tackle the problem had not gone far enough. Read More »

Analyst Cuts Valeant Pharmaceuticals As Bill Ackman "Throws In The Towel"


On Tuesday, the Canadian company's USA listed shares dropped 10 percent to $10.50, their lowest since May 2009, and a fraction of the near $190 a share Ackman's Pershing Square Capital Management paid for them in early 2015. But the company had a slew of misses as well - losing a bid for Cephalon in 2011, failing to close a $13 billion merger with Actavis in 2013 and ultimately losing out on Allergan in 2014. Read More »

One Nation still viable in Queesland


Speaking to 2GB, federal Treasurer Scott Morrison said both the Liberal Party and Pauline Hanson's One Nation "got a message on the weekend". The dust has hardly settled but the blame game is already under way over the Liberal Party's disastrous performance in Western Australia's state election. Read More »

Yahoo's Marissa Mayer Won't Stay At Altaba After Asset Sale To Verizon


But that shouldn't come as much of a surprise. When Yahoo is handed over to Verizon for $4.48 billion, the remaining company will be renamed " Altaba ". Verizon has said it is mostly interested in the Yahoo's desktop and mobile sites, which it plans to fold into Aol to create a handful of properties it can flog to advertisers ®. Read More »

Gordmans to close Woodbury store in wake of bankruptcy filing


Gordmans was bought in 2008 by private equity firm Sun Capital Partners. Larger retailers such as JC Penney and Macy's are planning on closing stores in 2017. In January, the company announced job cuts to try to stem the flow of red ink. Last year, the company's stock fell below $1 and Nasdaq threatened it with delisting, Bloomberg reports , adding that the retailer holds an estimated $85 million in debt. Read More »

Snowstorm moves Merkel, Trump meeting to Friday


This combination of file photos created on January 16, 2017 shows US President-elect Donald Trump (R, November 19, 2016 in Bedminster, New Jersey) and German Chancellor Angela Merkel (July 28, 2016 in Berlin ). Merkel's office also announced the postponement just before the Chancellor was due to depart. Merkel has questioned Trump's skepticism of global trade deals and the North Atlantic Treaty Organisation military alliance. Read More »

Deputy saves jet skiers seconds before cruise ship hits them


In town for Spring Break, Allison Garrett, 20, and Skylar Penpasuglia, 19, were riding the watercraft together when it overturned, dumping them into the water. Brown steered the ship away from the pair as Primmer hurried to pull them on board his Sheriff's Office boat. The jet ski, however, was run over, a video of the rescue shows. Read More »

Hackers release proof-of-concept Nintendo Switch jailbreak


Because of this behavior - behavior that happens nowhere else in the Switch's operating system - you can send malformed commands to the Switch and access some very basic functions. The biggest misstep is the fact that it uses friend codes still, instead of giving users their own profiles (as is the case with every other system). Read More »

USA attorney Preet Bharara fired by Trump administration after refusing to resign


Bharara has served 7 years as the US attorney for the Southern District of NY, a jurisdiction that includes Trump Tower . "Moments ago I was sacked", Bharara tweeted Saturday afternoon . Schumer would not speculate on why Bharara, who previously served as Schumer's general counsel, was fired. Acting U.S. Deputy Attorney General Dana Boente had called Bharara and informed him that Trump was firing him, CNN's Jake Tapper reported . Read More »

Take a look at Starbucks first-ever spring cups


The official day of spring is March 20th, but Starbucks will release the colourful line on March 16th across the United States and Canada. It's a sign that's especially welcome in Seattle, where the coffee giant is headquartered: The city received almost record-breaking rainfall this winter, with 8.79 inches last month alone. Read More »

There's a Clear Winner in Beverages: Bottled Water Tops Soda

The research firm expects bottled water to reach that level "by the middle of the next decade". The data points to water's versatility (no need for carbonation or refrigeration) and general healthful qualities as reasons for the growth. The bottled water industry is utilizing a variety of measures to continue reducing its environmental impact. He argued that corporations selling selling bottled water have managed to convince the consumer that it is a healthier choice than sugary soda. Read More »

Bitcoin price jumps to $1327 ahead of Winklevoss ETF decision


Those investors have already seen 100% return on their investment and, whether or not bitcoin is going to survive for the extremely long term or not, we believe that it is an asset that is still going to achieve appreciation from the public catching on to what it is and how they can transact it. Read More »

Finisar Corporation Shares Plunge 14% As Earnings And Outlook Fall Short


The Sunnyvale, CA-based optical subsystems maker reported adjusted Q3 EPS of $0.59, which was $0.03 worse than the Wall Street consensus estimate of $0.62. There are 2 hold ratings, 8 buy ratings, 1 strong buy rating on the stock. They now have a Dollars 38 price target on the stock. The stock was sold at an average price of $28.78, for a total value of $177,946.74. Read More »

USA infrastructure "strong risk of failure"


The group estimated that there's a gap of more than $2 trillion between projected current funding and the $4.59 trillion it would take to improve US infrastructure to a "B" grade by 2025, according to a report. The lowest grade was D- for transit, down from D four years ago. The nation's civil engineers said President Trump's promise to spend a $1 trillion to improve infrastructure is not almost enough. Read More »