Business

European shares slip; safe-havens gain on attempted Turkish coup

An attacker killed at least 73 people and injured scores when he drove a truck at high speed into a crowd watching Bastille Day fireworks in the French Riviera city of Nice late on Thursday. The Nasdaq composite closed approximately 0.6 percent higher, as Apple shares gained more than 3.5 percent. Advancing issues outnumbered declining ones on the NYSE by a 1.20-to-1 ratio; on Nasdaq , a 1.12-to-1 ratio favored advancers.

Business

Top US Navy admiral to visit China, discuss South China Sea

A US aircraft carrier strike group and other vessels have been patrolling the South China Sea , and China began naval exercises near the disputed Paracel Islands last week.Yasay said both China and the Philippines have committed not to take provocative action.

Business

GMO Labelling Bill Passed in US

It is interesting that this proposed solution would theoretically give consumers the ability to know whether their food is "bioengineered", for which "right to know" advocates have been actively pushing. But consumer groups complain the bill doesn't go far enough to address growing consumer interest in knowing the ingredients in food. Mandatory labeling for genetically modified food is now passed.

Business

Galway man's 'life in the balance' after Nice terrorist attack

At least 84 people were killed. Whatever answers are found in coming days and weeks, mass murder isn't enough to tear France apart. " France is strong. "Pictures show the truck's windscreen riddled with bullets". The worst occurred in November, when Islamic State-linked extremists attacked the Bataclan concert hall and other sites across Paris, killing 130 people.

Business

Tesla Is Reportedly Being Investigated For Possible Securities Law Breach

We explained in our piece 'Tesla/Elon Musk's words twisted in attack over material disclosure of fatal Model S Autopilot accident' that Fortune was misinterpreting the statement, which Tesla later confirmed in a blog post called 'Misfortune '.

Business

How to help the victims in Nice, France

Of the 202 injured, a Paris prosecutor confirmed that 52 remain in critical condition, including 25 on life support. French interior minister Bernard Cazeneuve angrily brushed aside the commission's findings a few weeks ago. Police denied rumours on social media of a subsequent hostage-taking in Nice. A parliamentary commission set up to investigate the 2015 terrorist attacks pointed to a series of intelligence failures, suggesting that some of the attacks, especially in the Bataclan ...