Blog Posts by Simplus Information Services

  • UK leader May, Cabinet to chart EU exit at Chequers retreat

    LONDON (AP) — British Prime Minister Theresa May is bringing her Cabinet together at her rural retreat to plot Britain's first steps on leaving the European Union.

    Officials at May's Downing Street office say May will oversee a daylong brainstorming session with Cabinet colleagues Wednesday at Chequers, the prime minister's 16th-century mansion 40 miles (65 kilometers) northwest of London.

    May, a Eurosceptic who remained neutral during June's referendum on leaving the EU, was appointed prime minister last month following David Cameron's resignation as Conservative Party leader. Cameron had campaigned to keep Britain in the 28-nation bloc. May says her government will abide by the results of the vote and intends to open exit negotiations with EU colleagues next year.

    May has returned to London after a two-week walking holiday in the Swiss Alps.

  • Shoukat Dhanani (Photo courtesy of Shoukat Dhanani) Entrepreneur Shoukat Dhanani started his business with convenience stores, then added hundreds of Burger Kings and Popeyes. (Photo courtesy of Shoukat Dhanani)

    Shoukat Dhanani, 60, isn’t the type of entrepreneur who courts publicity, but his company, Dhanani Group, has gotten too big to ignore.

    Dhanani Group is the largest franchisee in the Popeyes system, as well as a giant Burger King franchisee, making it the nation’s third-largest restaurant franchisee, with 2015 revenues of $871 million, according to trade publication Franchise Times. But those numbers capture only a piece of the group’s businesses, which include convenience stores and gas delivery, as well as the franchised restaurants. In a recent conversation, Dhanani told me that “if you add everything up, it would be over $2 billion” – an amount that would likely qualify Sugar Land, Tex.-based Dhanani Group for FORBES’ list of America’s Largest Private Companies.

    Dhanani’s story is a classic tale of entrepreneurship, and how

    Read More »from Entrepreneur Shoukat Dhanani Runs One Of America's Largest Private Businesses -- Very, Very Quietly
  • GlennShannonHeadshot(Shannon and Glenn DellimoreGlamglow)
    When the first Apple computer went on sale in 1976, it retailed for $666.66.

    On Thursday, one of the early Apple-1 computers sold for $815,000 at auction.

    But it's not just any Apple-1, which are rare enough on their own. It's a one-of-a-kind "unicorn," Glenn Dellimore, the winner of the rare computer, tells Business Insider. 

    Glenn and Shannon Dellimore, founders of Glamglow, now an Estée Lauder brand, bought the computer because, in their eyes, it's akin to a Monet or a Picasso. 

    "Talking to historians and museums and auction houses, this particular Apple-1 in 10 to 15 years, could be worth as much as a Monet or Picasso," Dellimore said. 

    As Glenn Dellimore tells it, he almost didn't end up winning the rare computer, because as the auction was ending, he was in the air — and there was another bidder with deep pockets who wanted the computer.

    "When the auction was taking place, I realized we’d actually be in the air when it ended. Just as our

    Read More »from What it's like to win a bidding war for Apple's one-of-a-kind 'unicorn' computer
  • Can Clinton save health overhaul from its mounting problems?

    WASHINGTON (AP) — With the hourglass running out for his administration, President Barack Obama's health care law is struggling in many parts of the country. Double-digit premium increases and exits by big-name insurers have caused some to wonder whether "Obamacare" will go down as a failed experiment.

    If Democrat Hillary Clinton wins the White House, expect her to mount a rescue effort. But how much Clinton could do depends on finding willing partners in Congress and among Republican governors, a real political challenge.

    "There are turbulent waters," said Kathleen Sebelius, Obama's first secretary of Health and Human Services. "But do I see this as a death knell? No."

    Next year's health insurance sign-up season starts a week before the Nov. 8 election, and the previews have been brutal. Premiums are expected to go up sharply in many insurance marketplaces, which offer subsidized private coverage to people lacking access to job-based plans.

    At the same time, retrenchment by insurers that

    Read More »from Can Clinton save health overhaul from its mounting problems?
  • AP Top Extended Financial Headlines at 7:50 a.m. EDT

    AP Top Extended Financial Headlines at 7:50 a.m. EDT

    Police and airline officials say two United Airlines pilots have been arrested for suspected drunkenness before they were to fly 141 passengers from Glasgow in Scotland to the U.S. city of Newark, New Jersey

  • States review clean energy projects for New England region

    Connecticut, Massachusetts and Rhode Island officials are joining with electric utilities to evaluate more than 50 solicitations from companies to build plants that would generate clean energy for all three states

    HARTFORD, Conn. (AP) -- Connecticut, Rhode Island and Massachusetts officials are joining with electric utilities to evaluate more than 50 solicitations from companies to build plants that would generate clean energy for all three states.

    The states are hoping to leverage their combined purchasing power and attract projects they possibly couldn't lure on their own. The goal is to ultimately lower consumers' utility costs in a high-price region of the country, while also meeting respective clean energy and environmental goals in fuel cell, solar and hydropower election generation.

    "It's the first time the New England states have joined together in a coordinated procurement for clean resources," said Katie Dykes, deputy commissioner at the Connecticut Department of Energy and Environmental Protection. "When you can expand your buying power and shop together, you can perhaps attract bigger bids."

    And that's what

    Read More »from States review clean energy projects for New England region
  • [$$] Make better decisions by using stress to your advantage

    For anyone who thinks of themselves as a leader - or an effective manager of their career - accepting a degree of fear when faced with high-stakes decisions may be necessary.

    Therese Huston, author of a new book about decision-making, urges those who suffer when indecision takes over that they should try to enjoy it. "Tell yourself this isn't anxiety, this is excitement," she says.

    Research shows that facing these workplace dilemmas with relish is better than tyring to be calm. Forcing yourself to think about a high-pressure situation as an exciting challenge enables you to screen out the negative judgments of others and focus.

    "If you're not seeing threats everywhere, then you'll make better decisions," says Ms Huston, a cognitive psychologist who advises companies on how to improve their decision-making.

    More from the Financial Times

    Read More »from [$$] Make better decisions by using stress to your advantage
  • Syrian rebels advance on Kurds as Turkish strikes kill 35

    BEIRUT (AP) — Turkey-backed Syrian rebels seized a number of villages and towns from Kurdish-led forces in northern Syria on Sunday amid Turkish airstrikes and shelling that killed at least 35 people, mostly civilians, according to rebels and a monitoring group.

    Turkey sent tanks across the border to help Syrian rebels drive the Islamic State group out of the frontier town of Jarablus last week in a dramatic escalation of its involvement in the Syrian civil war.

    The operation, labeled Euphrates Shield, is also aimed at pushing back U.S.-allied Kurdish forces. The fighting pits a NATO ally against a U.S.-backed proxy that is the most effective ground force battling IS in Syria.

    Turkey's official Anadolu news agency said Turkish airstrikes killed 25 Kurdish "terrorists" and destroyed five buildings used by the fighters in response to attacks on advancing Turkish-backed rebels in the Jarablus area.

    The Turkish military is "taking every precaution and showing maximum sensitivity to ensure that

    Read More »from Syrian rebels advance on Kurds as Turkish strikes kill 35
  • The Latest: Italy lowers quake death toll back to 290

    AMATRICE, Italy (AP) — The Latest on Italy's devastating Aug 24 earthquake (all times local):

    1:25 p.m.

    Italian authorities are revising the death toll in the country's earthquake down by one, to 290 people killed.

    Officials with the Civil Protection agency gave the 290 figure during a televised news conference Sunday.

    The agency, which combines the figures it receives from different provinces affected by the quake, said the number is lower than the previous toll of 291 dead due to a correction in the numbers from the province of Rieti, where most of the victims died.

    ___

    12:35 p.m.

    Pope Francis says he plans to visit an area in Italy struck by a deadly earthquake to bring the people there the "comfort of faith."

    Francis on Sunday also led prayers for the inhabitants of an area struck by the powerful earthquake Wednesday that killed at least 291 people. Italy's central Apennine mountains are a seismically active region that has suffered other earthquake tragedies in the past.

    Francis told that

    Read More »from The Latest: Italy lowers quake death toll back to 290
  • 5 Risky Stocks To Dump From Your Retirement Portfolio Now

    Today I want to tell you about a deadly retirement-planning mistake millions of Americans are making right now—and five stocks you need to weed out of your portfolio yesterday.

    More on those in a moment. First, the miscalculation, which comes down to a single figure: 7%.

    That’s the average annualized return most people expect from their stock portfolios over the long haul, and with good reason: it’s just below the 7.9% the S&P 500 returned every year, on average, from 1985 to 2015.

    But even with a timeframe that long, you need to remember a disclaimer you’ll find in just about every mutual fund prospectus: “past performance does not guarantee future results.”

    A Worrying Forecast

    In April, the McKinsey Global Research Institute released a report warning that the 30-year run of near-8% annualized returns will soon be a memory. That’s because the forces that drove it—falling interest rates, strong Chinese growth and a North American workforce in its prime—are slowing, and even starting to

    Read More »from 5 Risky Stocks To Dump From Your Retirement Portfolio Now

Blog Posts by Simplus Information Services

  • UK leader May, Cabinet to chart EU exit at Chequers retreat

    LONDON (AP) — British Prime Minister Theresa May is bringing her Cabinet together at her rural retreat to plot Britain's first steps on leaving the European Union.

    Officials at May's Downing Street office say May will oversee a daylong brainstorming session with Cabinet colleagues Wednesday at Chequers, the prime minister's 16th-century mansion 40 miles (65 kilometers) northwest of London.

    May, a Eurosceptic who remained neutral during June's referendum on leaving the EU, was appointed prime minister last month following David Cameron's resignation as Conservative Party leader. Cameron had campaigned to keep Britain in the 28-nation bloc. May says her government will abide by the results of the vote and intends to open exit negotiations with EU colleagues next year.

    May has returned to London after a two-week walking holiday in the Swiss Alps.

  • Shoukat Dhanani (Photo courtesy of Shoukat Dhanani) Entrepreneur Shoukat Dhanani started his business with convenience stores, then added hundreds of Burger Kings and Popeyes. (Photo courtesy of Shoukat Dhanani)

    Shoukat Dhanani, 60, isn’t the type of entrepreneur who courts publicity, but his company, Dhanani Group, has gotten too big to ignore.

    Dhanani Group is the largest franchisee in the Popeyes system, as well as a giant Burger King franchisee, making it the nation’s third-largest restaurant franchisee, with 2015 revenues of $871 million, according to trade publication Franchise Times. But those numbers capture only a piece of the group’s businesses, which include convenience stores and gas delivery, as well as the franchised restaurants. In a recent conversation, Dhanani told me that “if you add everything up, it would be over $2 billion” – an amount that would likely qualify Sugar Land, Tex.-based Dhanani Group for FORBES’ list of America’s Largest Private Companies.

    Dhanani’s story is a classic tale of entrepreneurship, and how

    Read More »from Entrepreneur Shoukat Dhanani Runs One Of America's Largest Private Businesses -- Very, Very Quietly
  • GlennShannonHeadshot(Shannon and Glenn DellimoreGlamglow)
    When the first Apple computer went on sale in 1976, it retailed for $666.66.

    On Thursday, one of the early Apple-1 computers sold for $815,000 at auction.

    But it's not just any Apple-1, which are rare enough on their own. It's a one-of-a-kind "unicorn," Glenn Dellimore, the winner of the rare computer, tells Business Insider. 

    Glenn and Shannon Dellimore, founders of Glamglow, now an Estée Lauder brand, bought the computer because, in their eyes, it's akin to a Monet or a Picasso. 

    "Talking to historians and museums and auction houses, this particular Apple-1 in 10 to 15 years, could be worth as much as a Monet or Picasso," Dellimore said. 

    As Glenn Dellimore tells it, he almost didn't end up winning the rare computer, because as the auction was ending, he was in the air — and there was another bidder with deep pockets who wanted the computer.

    "When the auction was taking place, I realized we’d actually be in the air when it ended. Just as our

    Read More »from What it's like to win a bidding war for Apple's one-of-a-kind 'unicorn' computer
  • Can Clinton save health overhaul from its mounting problems?

    WASHINGTON (AP) — With the hourglass running out for his administration, President Barack Obama's health care law is struggling in many parts of the country. Double-digit premium increases and exits by big-name insurers have caused some to wonder whether "Obamacare" will go down as a failed experiment.

    If Democrat Hillary Clinton wins the White House, expect her to mount a rescue effort. But how much Clinton could do depends on finding willing partners in Congress and among Republican governors, a real political challenge.

    "There are turbulent waters," said Kathleen Sebelius, Obama's first secretary of Health and Human Services. "But do I see this as a death knell? No."

    Next year's health insurance sign-up season starts a week before the Nov. 8 election, and the previews have been brutal. Premiums are expected to go up sharply in many insurance marketplaces, which offer subsidized private coverage to people lacking access to job-based plans.

    At the same time, retrenchment by insurers that

    Read More »from Can Clinton save health overhaul from its mounting problems?
  • AP Top Extended Financial Headlines at 7:50 a.m. EDT

    AP Top Extended Financial Headlines at 7:50 a.m. EDT

    Police and airline officials say two United Airlines pilots have been arrested for suspected drunkenness before they were to fly 141 passengers from Glasgow in Scotland to the U.S. city of Newark, New Jersey

  • States review clean energy projects for New England region

    Connecticut, Massachusetts and Rhode Island officials are joining with electric utilities to evaluate more than 50 solicitations from companies to build plants that would generate clean energy for all three states

    HARTFORD, Conn. (AP) -- Connecticut, Rhode Island and Massachusetts officials are joining with electric utilities to evaluate more than 50 solicitations from companies to build plants that would generate clean energy for all three states.

    The states are hoping to leverage their combined purchasing power and attract projects they possibly couldn't lure on their own. The goal is to ultimately lower consumers' utility costs in a high-price region of the country, while also meeting respective clean energy and environmental goals in fuel cell, solar and hydropower election generation.

    "It's the first time the New England states have joined together in a coordinated procurement for clean resources," said Katie Dykes, deputy commissioner at the Connecticut Department of Energy and Environmental Protection. "When you can expand your buying power and shop together, you can perhaps attract bigger bids."

    And that's what

    Read More »from States review clean energy projects for New England region
  • [$$] Make better decisions by using stress to your advantage

    For anyone who thinks of themselves as a leader - or an effective manager of their career - accepting a degree of fear when faced with high-stakes decisions may be necessary.

    Therese Huston, author of a new book about decision-making, urges those who suffer when indecision takes over that they should try to enjoy it. "Tell yourself this isn't anxiety, this is excitement," she says.

    Research shows that facing these workplace dilemmas with relish is better than tyring to be calm. Forcing yourself to think about a high-pressure situation as an exciting challenge enables you to screen out the negative judgments of others and focus.

    "If you're not seeing threats everywhere, then you'll make better decisions," says Ms Huston, a cognitive psychologist who advises companies on how to improve their decision-making.

    More from the Financial Times

    Read More »from [$$] Make better decisions by using stress to your advantage
  • Syrian rebels advance on Kurds as Turkish strikes kill 35

    BEIRUT (AP) — Turkey-backed Syrian rebels seized a number of villages and towns from Kurdish-led forces in northern Syria on Sunday amid Turkish airstrikes and shelling that killed at least 35 people, mostly civilians, according to rebels and a monitoring group.

    Turkey sent tanks across the border to help Syrian rebels drive the Islamic State group out of the frontier town of Jarablus last week in a dramatic escalation of its involvement in the Syrian civil war.

    The operation, labeled Euphrates Shield, is also aimed at pushing back U.S.-allied Kurdish forces. The fighting pits a NATO ally against a U.S.-backed proxy that is the most effective ground force battling IS in Syria.

    Turkey's official Anadolu news agency said Turkish airstrikes killed 25 Kurdish "terrorists" and destroyed five buildings used by the fighters in response to attacks on advancing Turkish-backed rebels in the Jarablus area.

    The Turkish military is "taking every precaution and showing maximum sensitivity to ensure that

    Read More »from Syrian rebels advance on Kurds as Turkish strikes kill 35
  • The Latest: Italy lowers quake death toll back to 290

    AMATRICE, Italy (AP) — The Latest on Italy's devastating Aug 24 earthquake (all times local):

    1:25 p.m.

    Italian authorities are revising the death toll in the country's earthquake down by one, to 290 people killed.

    Officials with the Civil Protection agency gave the 290 figure during a televised news conference Sunday.

    The agency, which combines the figures it receives from different provinces affected by the quake, said the number is lower than the previous toll of 291 dead due to a correction in the numbers from the province of Rieti, where most of the victims died.

    ___

    12:35 p.m.

    Pope Francis says he plans to visit an area in Italy struck by a deadly earthquake to bring the people there the "comfort of faith."

    Francis on Sunday also led prayers for the inhabitants of an area struck by the powerful earthquake Wednesday that killed at least 291 people. Italy's central Apennine mountains are a seismically active region that has suffered other earthquake tragedies in the past.

    Francis told that

    Read More »from The Latest: Italy lowers quake death toll back to 290
  • 5 Risky Stocks To Dump From Your Retirement Portfolio Now

    Today I want to tell you about a deadly retirement-planning mistake millions of Americans are making right now—and five stocks you need to weed out of your portfolio yesterday.

    More on those in a moment. First, the miscalculation, which comes down to a single figure: 7%.

    That’s the average annualized return most people expect from their stock portfolios over the long haul, and with good reason: it’s just below the 7.9% the S&P 500 returned every year, on average, from 1985 to 2015.

    But even with a timeframe that long, you need to remember a disclaimer you’ll find in just about every mutual fund prospectus: “past performance does not guarantee future results.”

    A Worrying Forecast

    In April, the McKinsey Global Research Institute released a report warning that the 30-year run of near-8% annualized returns will soon be a memory. That’s because the forces that drove it—falling interest rates, strong Chinese growth and a North American workforce in its prime—are slowing, and even starting to

    Read More »from 5 Risky Stocks To Dump From Your Retirement Portfolio Now

Pagination

(17,39,047 Stories)

Follow Yahoo Finance India

QUOTES

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.