Business

Donald Trump, Mexican President talk over phone to end rift over wall

Donald Trump, Mexican President talk over phone to end rift over wall

The White House on Thursday floated the idea of imposing a 20 percent tax on goods from Mexico to pay for a wall at the southern US border, sending the peso tumbling and deepening the crisis betwe...

by · Business
Chuck Schumer: I'll ask for a repeal vote on 'appalling' travel ban

Chuck Schumer: I'll ask for a repeal vote on 'appalling' travel ban

The first of Feinstein's bills would rescind Trump's executive order. But they rejected the suggestion they advocated for anything similar to the order that was ultimately drafted, challenging the acc...

by · Business

Freeport-McMoran, Inc. (NYSE:FCX) , Arconic Inc. (NYSE:ARNC)

Out of rating recommendations 1 have given the stock a Buy while 2 recommend the stock as Outperform. The relative price strength of Freeport-McMoran, Inc. According to sentiments of 7 analysts the co...

by · Business

Fukushima Cleanup Uncovers Possible Melted Radioactive Fuel At Nuclear Plant Reactor

The delicate, potentially risky task of decommissioning the plant has barely begun, however. TEPCO officials suspect the deposits may be molten fuel, possibly mixed with debris. Japanese media said ...

by · Business

How Donald Trump's Muslim Ban Started a Lyft Vs Uber Battle

Angry Uber users mounted a #DeleteUber campaign , accusing ther the ride hailing service for trying to benefit as tax drivers refused to cross picket lines at JFK International Airport in NY as pro...

by · Business

Deutsche Bank Fined Over $10 Billion Russian Money Laundering Scheme

During the investigation, NY authorities and Britain's Financial Conduct Authority found that so called "mirror" trades had been carried out through the bank between 2011 and 2015. It comes less than ...

by · Business
Payments banks to have 'multiplier impact' on banking: Finance Minister Arun Jaitley

Payments banks to have 'multiplier impact' on banking: Finance Minister Arun Jaitley

One branch each will be opened in all districts and each branch will be linked to five to eight major post offices in a district. AP Singh has been appointed as interim MD and CEO of the India Post ...

by · Business
New York Regulator Fines Deutsche Bank $425 Million Over Russian 'Mirror Trades'

New York Regulator Fines Deutsche Bank $425 Million Over Russian 'Mirror Trades'

During the investigation, NY authorities and Britain's Financial Conduct Authority found that so called "mirror" trades had been carried out through the bank between 2011 and 2015. Although such trade...

by · Business
Enchanting New 'Beauty and the Beast' Trailer Debuts

Enchanting New 'Beauty and the Beast' Trailer Debuts

That includes three new songs by Alan Menken and Tim Rice , one of which will be sung by Céline Dion . In fact, the Oscars already have a category for Best Animated Feature. Ewan McGregor (Lumiere...

by · Business
Internet slams ESPN's Sage Steele for controversial Instagram post

Internet slams ESPN's Sage Steele for controversial Instagram post

Steele again replied that Stewart-Binks must have missed the part where she said she supports people protesting for their political ideals and told Stewart-Binks to re-read her Instagam post. The heig...

by · Business

Ford Motor Company (NYSE:F): Check on Ratings and Recommendations

Ford Motor Company (NYSE:F) has developed an innovative piece of kit in their new SmartLink system. The Market Capitalization of the company stands at 49.91 Billion. Ojakli sold 10,000 shares of Ford ...

by · Business

A surprising group affected by Trump's travel ban: airline crews

The ban is in effect for the next 90 days, so many travelers from these seven countries will have to cancel or delay their U.S.travel plans. "It also placed additional burdens on airlines to comply ...

by · Business
Australian PM says Trump agrees to accept refugees

Australian PM says Trump agrees to accept refugees

Two days after similar deals were struck by the governments of Britain and Canada, Mr Turnbull said Australia's ambassador to the US, Joe Hockey, had confirmed the arrangement. Australia's hardline im...

by · Business

Oxford University and Novo Nordisk invest $143m in diabetes partnership

Additionally, the company will focus on innovation within early stage research that has potential to substantially impact future treatment of type II diabetes and its complications. He is a specialist...

by · Business

Obama Speaks Out Against Trump's Refugee Ban

In his first statement on behalf of the former president, Lewis said Obama was "heartened" by the amount of engagement taking place in USA communities. That's not who we are". It resulted in more th...

by · Business

Audi Recalls 500000+ Vehicles

Speaking of the Q5, in a completely separate recall issue, 2011 to 2017 models equipped with sunroofs may have a roof drainage problem that can allow water to drip into the foam surrounding the side h...

by · Business
Tempur Sealy terminates contracts with Mattress Firm Holdings

Tempur Sealy terminates contracts with Mattress Firm Holdings

Tempur Sealy stock tumbled 25.68% to $46.96 in pre-market trading today. Mattress Firm , however, was Tempur Sealy's biggest retailer, accounting for 21 percent of its 2016 sales. Tempur Sealy ...

by · Business

Trump calls for tax on Mexican imports to pay for wall

He said it was needed to keep out illegal immigrants, who he branded "rapists" and "drug dealers". The USTR says that the top US imports from Mexico are cars ($74 billion), electrical machinery ($6...

by · Business

Beirut Airport Implements Trump Travel Ban

The world's largest long-haul carrier, Emirates, announced on Monday that it had made "necessary adjustments" to its crewing in order to comply with the latest United States requirements, adding that ...

by · Business

Marathon Oil Corporation (NYSE:MRO) Reviewed By Analysts

F. Lafferty began new coverage on Marathon Oil Corporation giving the company a "buy" rating. 09/12/2016 - Marathon Oil Corporation was downgraded to "neutral" by analysts at Credit Suisse. This yea...

by · Business

16 state attorney generals vow to fight Trump's travel bans

We'll stream it live at this link. The president's order signed on Friday (27 January) temporarily bans citizens from seven majority Muslim nations - Iran, Iraq, Libya, Somalia, Sudan, Syria and Y...

by · Business
Oil Trades Near $53 as U.S. Drilling Accelerates Amid OPEC Cuts

Oil Trades Near $53 as U.S. Drilling Accelerates Amid OPEC Cuts

West Texas Intermediate for March delivery dropped as much as 33 cents to $52.84 a barrel on the New York Mercantile Exchange and was at $53.16 at 10 a.m.in London. In other news, the USA weekly oil...

by · Business

U.S. Personal Income Rises 0.3% In December, Slightly Less Than Expected

A key measure of U.S. inflation posted its fastest annual gain in more than two years last month but remained shy of central bank's target, the Commerce Department reported Monday. The data was includ...

by · Business

Trump team walks back plan to fund wall with import tax

Lopez Obrador told a crowd of supporters north of Mexico City. "Mexico ... has out-negotiated us and beat us to a pulp through our past leaders", Trump said. The tax increase would, hypothetical...

by · Business

Petition to ban Trump from meeting the Queen gathers a million signatures

The petition calls for President Trump to be allowed into the United Kingdom to conduct business with the British government, but that it not be a State Visit, in which he will be entertained by the ...

by · Business

No Briton barred from U.S. under Trump order, says Boris Johnson

Trump's order includes a 90-day ban on travel to the U.S.by citizens of Iraq, Syria, Iran, Sudan, Libya, Somalia and Yemen, and a 120-day suspension of the USA refugee program. Baroness Warsi describe...

by · Business

Trump claims Lockheed will cut $600 million off F-35 costs

At the time, he asked aerospace company Boeing to "price out a comparable F-18 Super Hornet", suggesting he would substitute Boeing's cheaper plane for Lockheed's. The world's most famous dealmaker to...

by · Business
Sony Takes Near $1 billion Goodwill Writedown to Movie Business

Sony Takes Near $1 billion Goodwill Writedown to Movie Business

Sony Corp. said it will take a 112 billion yen ($1 billion) writedown in its movie business after reviewing the future profitability of its operations. Sony took a writedown of almost $1 billion at it...

by · Business
Schumer Shedding

Schumer Shedding "Fake Tears" Over Refugee Executive Order

The ruling stopped short of demanding that security officials release all nationals detained at airports and who find themselves in legal limbo. A federal judge in Brooklyn had issued a stay on ...

by · Business

Pittsburgh-area gas prices down in past week

That's about 43 cents higher than this time a year ago. According to AAA , the national average price for regular unleaded gasoline is down four cents from last week, sitting at $2.27 per gallon. N...

by · Business

Wall stonewalls Mexican President's trip to US

On Friday, the starched diplo-speak emanating from Washington and Mexico City appeared to be mutually mirrored, with the exception of one sentence in the Mexican version. President Donald Trump said...

by · Business

German inflation highest since July 2013

The year-on-year rate increased to 1.9% from 1.7% previously and was the highest reading since July 2013, although the consensus forecast was for a rise to 2.0%. Compared to the previous month, the CP...

by · Business

Trump signs executive order on business regulations

Mr. Trump called it the "biggest such act that our country has ever seen". Your afternoon shot of politics, sent straight from the desk of Joshua Miller. Trump met with leaders including Mexican Bis...

by · Business
Fitbit (FIT) Stock Falls on Reduced Guidance, Layoffs

Fitbit (FIT) Stock Falls on Reduced Guidance, Layoffs

A report in The Information claims the job cuts are expected to affect between 80 and 160 people across multiple departments out of its strong 1,600 - work force. As suggested in the report , this...

by · Business
Walgreens and Rite Aid Agree to Cut Deal Price, Sell More Stores

Walgreens and Rite Aid Agree to Cut Deal Price, Sell More Stores

Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions. The deal is down from an original price of $9 per share. On techni...

by · Business

Trump Travel Ban Sparks Dollar Weakness

WTI crude oil for March delivery fell $0.61 or 1.1 percent to settle at $53.17 a barrel on the New York Mercantile Exchange. Equities in Europe, Japan and Australia dropped with U.S. Data out on Fri...

by · Business
Strong dollar drags USA growth to slowest pace since 2011

Strong dollar drags USA growth to slowest pace since 2011

America's poor trade performance subtracted 1.7 percentage points from growth in the final three months of 2016. "What the figures today show is that the United Kingdom economy continues to be resil...

by · Business
Trump Orders DHS To Provide Stats On Honor Killings Committed By Immigrants

Trump Orders DHS To Provide Stats On Honor Killings Committed By Immigrants

The man who made "Muslim ban" a household term is now claiming his executive order is nothing of the sort - nearly certainly because someone told him banning a religious group would be unconstitutio...

by · Business
No withdrawal limits at ATMs from Feb 1, says RBI

No withdrawal limits at ATMs from Feb 1, says RBI

It said the returning officer of the constituency would issue certificate that the person was a candidate in the fray and the contestant be allowed to withdraw Rs2 lakh cash per week from the bank acc...

by · Business
Tiger Woods' Comeback Halted with Missed Cut

Tiger Woods' Comeback Halted with Missed Cut

On the 11th and 12th holes, Woods seemed to be playing recovery golf as both of his tee shots on those holes went right. After that second shot on No. Woods has won the tournament seven times, most re...

by · Business

HMV Canada to close all 102 stores

Court filings show that retailer owes $39 million to the restructuring firm and has not made a payments in more than two years. In 2012, HMV's revenue was about $266 million, but, by 2016, this had fa...

by · Business

VW dethrones Toyota as world's best-selling carmaker

The milestone comes despite VW's scandal over emissions tests cheating, which sparked a global backlash and multiple lawsuits. Toyota's sales grew by 0.2% - though it appears to have suffered from...

by · Business
Travelers Detained Due To Trump Travel Ban Released, Attorneys Say

Travelers Detained Due To Trump Travel Ban Released, Attorneys Say

As a result, many of those who were being detained were being released. The federal judge's emergency stay could affect 100 to 200 people detained at USA airports, including at least 12 detained at ...

by · Business

Lyft will donate $1m to the ACLU to fight Trump immigration order

Liberals started the hashtag "DeleteUber" vowing to delete the Uber app and discontinue using the service in protest. However, the announcement later Saturday evening that surge pricing was being li...

by · Business

Vodafone In Talks To Merger Indian Arm With Idea Cellular

Shares in the United Kingdom telecoms giant rose about 3% on Monday, making it the biggest riser on the FTSE 100 index. Vodafone India, which started operating in 2007, says that it now has around 2...

by · Business

Burberry Group PLC reiterated as Buy By Berenberg

The stock presently has a consensus rating of "Hold" and a consensus price target of GBX 377.83 ($4.72). INF has been the subject of a number of recent research reports. The original version of this...

by · Business
CoCo Vandeweghe v Venus Williams: Australian Open semi-final

CoCo Vandeweghe v Venus Williams: Australian Open semi-final

Venus forced Serena into some big points at the very end, in which Venus got the better of her in a 24-shot rally, then Serena returned the favor on an 11-shot rally. With her run to the Wimbledon sem...

by · Business
Hillary Clinton Comments on Trump's Muslim Ban

Hillary Clinton Comments on Trump's Muslim Ban

The order also denies entry for 90 days for individuals from seven predominantly Muslims countries: Iraq, Iran, Somalia, Sudan, Syria, Libya and Yemen. A federal judge in Brooklyn, New York issued ...

by · Business
Emirates Airline to continue to fly to US

Emirates Airline to continue to fly to US

It is the hub for Emirates, the Middle East's biggest airline, which flies to 12 US cities. But a second spokesperson later told Reuters changes have been minimal so far. Department of Homeland Securi...

by · Business

Iraqi MPs want parliament to discuss USA travel curbs

Additionally, it bans the citizens of seven countries-Iraq, Iran, Syria, Somalia , Sudan , Libya, and Yemen-from entering the US on any visa category. Meanwhile, the story of the US-backed Saudi coa...

by · Business