Business
Airlines Cancel Thousands Of Flights Ahead Of Major Winter Storm
Almost 6,000 USA flights were canceled Tuesday, according to FlightAware , a flight tracking website. One woman whose flight was cancelled told WBZ NewsRadio 1030's Carl Stevens she didn't have the money for a hotel-so she was stuck in the airport until at least Wednesday morning.
Business
Council approves State, Union Territory GST laws: Arun Jaitley
The Council will meet again on March 31 to consider rules for GST roll out. Addressing the conference after the 12th GST Council meeting, Jaitley said: "Today the GST Council gave its approval to the State GST and the Union Territories GST laws and cleared the revised drafts of three other crucial bills".
Business
New Documents Reveal Michael Flynn Had Deeper Financial Ties To Russia
The new documents obtained by the committee also detail that Flynn received $11,250 from Volga-Dnepr Airlines in August 2015, a Russian airfreight company that the United Nations had suspended from its list of approved vendors after a corruption scandal involving an indicted Russian United Nations official.
Business
Audi Raided By Germany In Volkswagen Investigation
Audi admitted in November 2015 that its 3.0 litre V6 diesel engines were fitted with emissions control devices deemed illegal in the United States. As a reference, the controversy over Volkswagen erupted in September 2015, when it turned out that the company illegally equipped its cars with a software that underestimated the true level of emissions of harmful substances.
Business
Frontier Communications Corporation (NASDAQ:FTR)
Frontier Communications Corp (NASDAQ:FTR) share price soared 2.69% or 0.07 points to reach at $2.67 during previous trading session. The third largest holder is Invesco Ltd., which now holds $116.27 million worth of this stock and that ownership represents almost 3.74% of its market capitalization.
Business
Notable Runner: Citrix Systems, Inc. (CTXS)
The cloud computing company reported $1.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.49 by $0.12. A number of institutional investors have recently added to or reduced their stakes in CTXS. The stock has a market capitalization of $12.82 billion, a price-to-earnings ratio of 24.05 and a beta of 1.63.