Netflix edges out HBO to nab more Emmy nominations than any other network

Netflix Inc. has broken HBO’s 17-year streak of leading TV networks in Emmy nominations. For the first time in Emmy history, Netflix NFLX, -4.28% led all other networks and platforms in award nominations. The streaming giant nabbed 112, compared to HBO’s 108. Last year, Netflix had 91 nominations, behind HBO’s 111. NBC came in third this year with 78, and FX […]

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FDA aims to alleviate drug shortages with new task force

The Food and Drug Administration is forming a new task force to focus on why the U.S. has so many drug shortages, and what solutions may be possible. Though the regulator has made progress in addressing shortages, “we must work to find new and creative ways to tackle the issue,” Commissioner Scott Gottlieb said Thursday. New drug shortages have declined […]

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Difficult to find 200 ‘quality’ engineers: Synopsys chief

Software major to add 10% staff on an average every year Synopsys India will hire about 200 more software professionals over the next couple of years in a process which will prove to be “difficult,” Aart de Geus, chairman and co-CEO of Mountain View, California-based Synopsys said. “We have now more than 2,500 people here,” Mr. De Geus said in […]

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Elior Group In Deal To Lift Stake In Elior North America To 92%

Elior Group (ELROF.PK), a French operator in the catering and support services, announced Monday that it has launched an offer to purchase minority interests of Elior North America. The transaction includes a cash payment of $115 million. It is expected to be accretive on earnings per share as from 2019. Mike Bailey, Non-Executive Chairman and founder of Elior North America, […]

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Food deliveries are remaking school lunch

Financial literacy is needed in our schools: Charles Schwab Charles Schwab Corporation founder Charles Schwab describes the technological advances the company has made to help investors. Rachel Harrington wants her children to have nutritious packed lunches to enjoy at school but she gets frustrated trying to create them. Continue Reading Below "Making lunches for my kids is one of my […]

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Ministerial committee opposes cess on sugar

Awaiting Attorney General’s opinion A group of State Finance Ministers set up by the Goods and Services Tax (GST) Council is against the imposition of a cess on sugar, and is likely to recommend a reduction in GST on ethanol, according to highly placed government sources. Their recommendations will be presented at the next meeting of the GST Council on […]

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SME IPOs may get more anchor investment as SEBI tweaks norms

Regulator cuts minimum anchor allocation size from ₹10 crore to ₹2 crore The recent decision by the Securities and Exchange Board of India (SEBI) to reduce the minimum anchor allocation size in initial public offers (IPOs) by small and medium enterprises (SMEs) has come as a shot in the arm for the segment. Data shows that while there has been […]

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SEC charges former CEO of Heartland Payment with insider trading

The Securities and Exchange Commission charged the former CEO of financial-technology company Heartland Payment Systems, Inc. with insider trading on Tuesday, saying in a complaint that he gave a romantic partner details about his company’s planned sale to a larger rival before they became public. In a lawsuit filed in federal court in Connecticut, the SEC accused the former executive, […]

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Bytedance, owner of China’s top news app, mulling huge IPO

The owner of China’s most popular news-aggregation app is holding discussions about a multibillion-dollar initial public offering that could take place this year, according to people familiar with the matter. Beijing Bytedance Technology Co. is considering a Hong Kong IPO that may value it at over $45 billion, the people said. It isn’t clear how much Bytedance intends to raise, […]

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Fox raises offer for Sky, topping Comcast bid

LONDON — Rupert Murdoch’s 21st Century Fox Inc. significantly lifted its offer price to consolidate ownership of Sky PLC, heating up a bidding war with Comcast Corp. for the British TV broadcaster. Fox raised its bid for the roughly 61% of Sky it doesn’t already own by more than 30%, to GBP14 a share, in a deal that values all […]

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