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China cuts taxes on range of imports

2015-05-25 09:45:16| BBC News | Business | UK Edition

China will cut import taxes on consumer goods by an average of more than 50%, in a bid to kick-start its economy.

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BlackBerry plans more job cuts

2015-05-25 08:47:00| Telecompaper Headlines

(Telecompaper) BlackBerry is cutting jobs at offices around the world as the smartphone maker continues to work on keeping its business profitable. A spokeswoman for the company declined to say how many employees were affected. The company had 7,000 employees as of September 2014. "We have made the decision to consolidate our device software, hardware and applications business, impacting a number of employees around the world," BlackBerry said in the statement reported by Bloomberg. In its most recent quarterly report, BlackBerry reported a return to profit but revenues continue to fall. 

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Deutsche Bank Cuts Intersil Corp Price Target to $16.00

2015-05-25 06:09:23| Semiconductors - Topix.net

The firm currently has a "buy" rating on the stock. Deutsche Bank's price objective would suggest a potential upside of 23.08% from the stock's previous close.

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The Latest on flooding: Storms cause power cuts in 2 states

2015-05-25 05:58:01| Energy - Topix.net

Inside a 1920s-era warehouse in the heart of a once-bustling coalfields hub, Brandon Blankenship saws through 8-foot boards pulled up from the building's floor, looking each one up and down for "a face... Inside a 1920s-era warehouse in the heart of a once-bustling coalfields hub, Brandon Blankenship saws through 8-foot boards pulled up from the building's floor, looking each one up and down for "a face that's not... Flooding overnight in Texas and Oklahoma has led to numerous evacuations and rescues including some of residents stranded on rooftops and in attics.

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Mandatory Water Usage Cuts Loom in California Even for Those with Senior Water Rights

2015-05-22 15:07:00| Climate Ark Climate Change & Global Warming Newsfeed

LA Times: In the 1976-77 drought, the state ordered growers with some of the oldest water rights in California to stop pumping from many rivers and streams. Now, in a sign of the spreading pain of another punishing drought, regulators are preparing to do the same thing. The State Water Resources Control Board halted diversions last summer by many so-called junior rights holders - those whose claims date back only as far as 1914. In the last month, the board ordered some 9,000 junior rights holders in the...

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