USA Headline news in Zhucheng


PayPal tops profit estimates, lifts target on mobile payments growth

(Reuters) – Sharp growth in mobile payments led PayPal Holdings Inc (PYPL.O) to report a better-than-expected third-quarter profit on Thursday and lift its guidance for earnings through the rest of the year. The San Jose, California-based payments company has been working hard in recent years to expand its reach to new customers through partnerships and acquisitions, particularly in mobile payments. Those deals are clearly starting to bear fruit, analysts said. “It was just a very strong quarter across the board,” said A.B. Mendez, an analyst and fund manager at FrostRead More

BrainStorm enrolls first patients in advanced ALS stem cell trial

TEL AVIV (Reuters) – BrainStorm Cell Therapeutics said the first patients have been enrolled in a late-stage trial of its treatment for amyotrophic lateral sclerosis (ALS) at Massachusetts General Hospital and UC Irvine Medical Center in California. The Phase 3 clinical trial is expected to include about 200 patients and will be conducted at six ALS clinical sites in the United States, Israel-based BrainStorm said on Monday. The company is developing a treatment made from adult stem cells for patients with ALS, a neuro-degenerative disease. The treatment, called NurOwn, hasRead More

Swiss flushing away millions in gold and silver every year

ZURICH (Reuters) – While London’s sewers can get clogged with fatbergs made up of grease and diapers, it seems Switzerland’s waste system is flecked with silver and gold. Researchers last year detected 3 tonnes of silver and 43 kg of gold in effluent and sludge from waste water treatment plants – amounting to around 3 million Swiss francs ($3.1 million). But before people start hunting in their drains for jewelry, the government study said the tiny particles were likely to be mostly from the watchmaking, pharmaceuticals and chemical industries, whichRead More

Weinstein on indefinite leave as company investigates allegations

LOS ANGELES (Reuters) – Co-chairman Harvey Weinstein was taking an indefinite leave from the Weinstein Co, the film production company said on Friday, adding it will conduct an internal investigation into the New York Times’ report of sexual harassment allegations against one of the most powerful men in Hollywood. The Weinstein Company board of representatives said in a statement that it takes “extremely seriously” the accusations made in the Times story that said Weinstein had made eight settlements with women who had accused him of unwanted physical contact and sexualRead More

Ivy League graduate and dance champion crowned Miss America

ATLANTIC CITY, N.J. (Reuters) – An Ivy League graduate and national dance champion from North Dakota was crowned Miss America on Sunday, becoming the first contestant from the state to win the nearly 100-year-old contest. Cara Mund, from Bismarck, N.D., a graduate of Brown University in Rhode Island, who has been accepted to Notre Dame’s law school, trained for several summers with the world-famous Rockettes. Mund, 23, was one of 51 contestants in the pageant, representing the 50 United States and the District of Columbia. Mund, who adopted the Make-a-WishRead More

Spectacular Northern Light display illuminates Finnish sky

(Reuters) – Green, purple, pink and yellow lights danced across the sky in striking aurora displays over northern Finland early on Friday. Travel magazine ‘All About Lapland’ posted a video on social media of the impressive light show seen from Pallas, in the Muonio region, adding it had rarely seen anything on this scale. The Northern Lights are a result of collisions between electrically charged particles from the sun that enter the Earth’s atmosphere. A strong geomagnetic storm was behind this week’s particularly stunning show. Known as aurora borealis, orRead More

‘Thriller’ was made because Michael Jackson wanted to be a monster

VENICE (Reuters) – Music video “Thriller” was not the product of a brilliant idea but was made because pop star Michael Jackson wanted to be a monster, director John Landis said at the Venice film festival on Monday. Landis was in Venice to present the 3D version of the video, which was made 35 years after the original. It was screened as a special event in the out-of-competition section. “(Thriller) was nobody’s good idea, it was no brilliant business plan,” John Landis told journalists. “It was a vanity video becauseRead More

G4S suspends 9 staff at UK migrant centre, to investigate conduct

EDINBURGH, Sept 1 (Reuters) – British outsourcer G4S has suspended nine members of staff at an immigration removal centre while it investigates a BBC report alleging abuse in the treatment of migrants, the company said on Friday. “We have received written allegations of abhorrent conduct at Brook House and on that basis we have deemed it serious enough to suspend the staff involved,” a spokeswoman for G4S said. The centre, near Gatwick Airport, is staffed by more than 200 employees and has around 500 occupants. G4S said it had reportedRead More

GameStop reports lower-than-expected quarterly profit

(Reuters) – GameStop Corp, the world’s largest video game and gaming console retailer, reported a quarterly profit that narrowly missed estimates as growth in the company’s technology brands business failed to live up to market expectations. Shares of the company fell 7.6 percent to $20.13 after the bell on Thursday. The company has been beefing up its technology brands unit, which includes AT&T and Apple authorized retail stores, to offset declines in video game sales at its outlets. Although sales in the unit rose 7 percent to $188.3 million, theyRead More

Cisco’s security business revenue misses estimates, shares drop – world news headlines from reuters

(Reuters) – Cisco Systems Inc’s (CSCO.O) quarterly revenue in its closely-watched security business missed analysts’ estimates, raising concerns about the world’s largest networking gear maker’s efforts to transform into a software-focused company. The company’s shares fell about 2.5 percent in after-hours trading on Wednesday. With its traditional business of making switches and routers struggling, Cisco, like other legacy technology firms, has been focusing on high-growth areas such as security, the Internet of Things and cloud computing. The security business, which offers firewall protection and breach detection systems, has been Cisco’sRead More