Business

Worker Trapped In Cargo Hold For United Flight, Survives

He said he was a baggage handler in Charlotte. and was trapped inside when the plane took off. The United Airlines spokeswoman could not confirm on Monday if the cargo area is pressurized or controlled by temperature. The incident set off a scramble to figure out if the man was who he said he was instead of a stowaway. "Once at the gate, an employee of the airline's ground handling vendor was found unharmed in the aircraft's cargo hold and we are looking into what happened", said Erin Benson, ...

Business

Xerox and Conduent split, begin trading separately

Macquarie Group Ltd. increased its position in shares of Xerox Corporation by 7.4% in the second quarter. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink . LLC now owns 22,299 shares of the company's stock valued at $226,000 after buying an additional 7,796 shares during the last quarter. The company said in January that activist investor Carl Icahn would receive three Conduent board seats following the spinoff.

Business

Incentives for poor in Modi's New Year agenda

Loans of up to 12 lakh rupees taken in 2017 will receive interest subvention of 3 percent, Modi said. In the next 3 months, 3 crore Kisan credit cards will be converted to RuPay cards which will enable them to buy/sell directly through the card and there will be no need to rush to banks.

Business

Dozens killed in prison riot in Brazil city of Manaus

February 2001 - At least 19 people were killed in Brazil's biggest-ever prison uprising, involving more than 20,000 inmates in 29 jails across the state of Sao Paulo. Police were only able to restore order on Monday morning, freeing 12 guards who had been taken hostage, said Fontes. According to Manaus' Em Tempo - a state media - several decapitated bodies were found over the prison wall.

Business

Auston Matthews Leads Maple Leafs to Big Centennial Classic Win

Mantha potted another 2 goals and assist in Sunday's Centennial Classic outdoor game against the Toronto Maple Leafs . But on Sunday afternoon in the great outdoors of BMO Field, the story of the Leafs rookie will spread even wider than it already has in this, a spectacular rookie season.

Business

Manufacturing sector hit by demonetisation; sees a decline in growth

Mumbai: The government's demonetisation move provoked a downturn in Indian manufacturing growth in December, the first such contraction in a year, as per key macro-economic data. "Down from 52.3 in November to 49.6, the latest reading was indicative of a marginal deterioration in the health of the sector." . Demonetisation has hampered the creation of new jobs, buying activities and overall production in the country.