Business

Iranian fast boats force United States navy ship to alter course

Iranian fast boats force United States navy ship to alter course

Speaking on condition of anonymity, the official indicated that the vessels advanced to within 600 yards of the tracking ship, USNS Invincible before stopping. A year earlier the IRGC seized two US ...

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Exxon says it will spend $20B of Gulf Coast projects

Exxon says it will spend $20B of Gulf Coast projects

A number of other large investors have also bought and sold shares of the company. The WSJ reported that the company has now shed around 4,400 jobs in six months. The ex-dividend date is Tuesday, Fe...

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Chinese firm ZTE pleads guilty to breaking Iran sanctions

Chinese firm ZTE pleads guilty to breaking Iran sanctions

The treasury said that if a federal court approves ZTE's "criminal plea", its settlement would include paying $430.5 million in fines and forfeitures to the USA department of justice and $661 millio...

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Uber uses a software tool to identify and sidestep code enforcement officials

Uber uses a software tool to identify and sidestep code enforcement officials

Uber's bad year got worse this afternoon, when The New York Times reported that the company went to extraordinary lengths to circumvent investigations into its ride-hailing service. Cambridge Police ...

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Girlfriend of Philando Castile arrested in alleged hammer assault

Girlfriend of Philando Castile arrested in alleged hammer assault

Prosecutors say the officer, Jeronimo Yanez of the St. Anthony Police Department, a Latino, shot Castile seven times after the elementary school cafeteria worker told him he was armed. "The victim bla...

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A 2013 Tax Refund Could Be Yours

A 2013 Tax Refund Could Be Yours

All in, the IRS says it could owe up to $1 billion in total refunds for the 2013 tax year. IRS urged the taxpayers to file a 2013 tax return to collect the money, no later than this year's tax dea...

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Search warrant executed at Caterpillar offices

Search warrant executed at Caterpillar offices

Stock shares of Caterpillar Inc. fell sharply Thursday as federal authorities searched the USA heavy equipment giant's Peoria, Ill., headquarters and two nearby facilities in what the company describe...

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Keystone Pipeline Reportedly Exempt From 'Buy American' Policy

Keystone Pipeline Reportedly Exempt From 'Buy American' Policy

I guess American steel mills will benefit from Trump's executive orders as much as coal workers will. But Trump signed another order that said his commerce secretary would draw up plans to use A...

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Woman questioned after 9yo boy mauled, 5yo boy missing in Murray River

Woman questioned after 9yo boy mauled, 5yo boy missing in Murray River

He is now recovering. It then emerged that a five-year-old boy who was related to the injured boy was missing. She faced an extradition order by video-link in a Bendigo court on Friday afternoon, ...

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Eurozone inflation at four-year high of 2% increases pressure on European Central Bank

Eurozone inflation at four-year high of 2% increases pressure on European Central Bank

Shilen Shah, Bond Strategist at Investec Wealth & Investment, said immediately following the announcement that, "Despite the European Central Bank hitting its 2% inflation target in February, it is li...

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US Federal Reserve plans rate hike this month: Evercore ISI

She acknowledged that waiting too long to raise rates could mean the Fed has to hike more rapidly at some point, which "could risk disrupting financial markets and pushing the economy into recession"....

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Trump Proposes EPA Budget Cuts, Targets Climate, Clean Water Programs

Trump Proposes EPA Budget Cuts, Targets Climate, Clean Water Programs

This action also comes after the agency received a letter on March 1, 2017, from nine state Attorneys General and the Governors of MS and Kentucky, expressing concern with the pending Information Co...

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Law Enforcement Searches Caterpillar Facilities In Illinois

Law Enforcement Searches Caterpillar Facilities In Illinois

Caterpillar also scrapped plans to build a new headquarters in downtown Peoria, which is located about 175 miles southwest of Chicago. Caterpillar shares, which have risen 35% over the past 12-mo...

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Hydro rate increases will be held to inflation after 25% cut

As first revealed by the Star on Wednesday, Wynne is moving forward with a 17 per cent reduction on monthly bills this summer atop the eight per cent rebate of the provincial portion of the harmonized...

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US Home Price Growth Accelerates In December

US Home Price Growth Accelerates In December

The indices, generated by S&P Dow Jones and CoreLogic and covering all nine US census divisions, showed an annual increase of 5.8% in December. The strongest annual increase was recorded in Seattl...

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Trump Address May Call for Immigration Bill, Senior White House Official Says

Trump Address May Call for Immigration Bill, Senior White House Official Says

He said he was open to immigration reform, a shift from his harsh campaign rhetoric on illegal immigrants, and invoked a new spirit of hope. During his presidential campaign, Trump at various poin...

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Palo Alto Networks, Inc. (PANW) Rating Lowered to Hold at Wunderlich

The stock tapped a 52-week high of US$165.69 while the mean 12-month price target for the shares is US$172.09. Wells Fargo & Company restated an "outperform" rating and set a $176.00 price target (dow...

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Pro-Trump Rally Slated For Monday In Atlanta

The rallies took place in 33 of the the country's 50 states . "Conservative grassroots leaders are planning a series of massive pro-President Donald Trump rallies nationwide, Breitbart News has l...

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Goldman Says Tesla Stock Could Still Tumble 25%

Goldman Says Tesla Stock Could Still Tumble 25%

Tesla Motors, Inc. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 0. In Tesla, Inc . (NASDAQ:TSLA)'s latest quarter, EPS moved to $-0.69 from $0.71 in preceding quarter and revenues r...

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'Get Out' tops box office with huge $30.5 million in ticket sales

While it's a stellar debut for Peele, the low-budget film also marks the latest success from Universal Pictures and Jason Blum's Blumhouse Productions, which had a victor earlier this year with M. Get...

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Mnuchin: Trump Isn't Cutting Medicare, Social Security

Mnuchin: Trump Isn't Cutting Medicare, Social Security

The Times noted that pushback from agencies "could ease some of the deepest cuts in the initial plan before a final budget request is even sent to Congress". "So don't expect to see that as part of t...

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Analyst's Predictions on Verizon Communications Inc. (VZ), Wal-Mart Stores, Inc. (WMT)

A number of other analysts also recently commented on the stock. AE Wealth Management LLC purchased a new stake in shares of Wal-Mart Stores during the fourth quarter worth approximately $634,000. Wal...

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Oil prices fall due to rising U.S. crude inventories

Oil prices fall due to rising U.S. crude inventories

After a strong rally in early Thursday's trading, Crude oil prices reversed the majority of gains, as data showed the seventh consecutive week of build in USA oil inventories. EST (1600 GMT) on Thursd...

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HPE Plummets on Steep Revenue Miss, Weak Outlook

Ledyard National Bank increased its position in Hewlett Packard Enterprise Company by 0.8% in the third quarter. The company posted fourth quarter revenue of $717 million, an increase of 1% year-o...

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Trump, Kelly Contradict Each Other on Use of US Military in Deportations

As part of an immigration crackdown, Trump, who took office on January 20, ordered a wall built along the U.S. southern border to stop undocumented migrants from entering the United States , a plan t...

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Best Picture nominees not so white at this year's Oscars

Best Picture nominees not so white at this year's Oscars

And I think Emma Stone is a done deal. But Harris has won every award so far and will pick up the Oscar Sunday. (" Moonlight " still could be honored for its screenplay). Best Foreign Language Film ...

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Spirit Realty Capital, Inc (New) (NYSE:SRC) & Gran Tierra Energy Inc

Checchi Capital Advisers LLC raised its stake in Spirit Realty Capital by 8.8% in the third quarter. A number of other hedge funds and other institutional investors have also made changes to their p...

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Lloyds Bank profits jump 158% in 2016

Lloyds Bank profits jump 158% in 2016

Analysts had a consensus of $0.01. Other research analysts have also recently issued reports about the company. Barclays PLC reaffirmed an "overweight" rating and set a GBX 75 ($0.93) price object...

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PSA Group profits jump, raising Opel and Proton investment talk

PSA Group profits jump, raising Opel and Proton investment talk

Prime Minister Theresa May sought to reassure the French motor industry boss on Wednesday of the Government's continued commitment to supporting the United Kingdom vehicle industry, despite Britain le...

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Budapest to withdraw bid to host 2024 Summer Olympics

Hungarian Prime Minister Viktor Orban, Budapest Mayor Istvan Tarlos and the Hungarian Olympic Committee have already agreed to withdraw from the host city race; all that's left is for the Budape...

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Trump White House rewriting transgender bathroom Laws

Trump White House rewriting transgender bathroom Laws

President Trump has said that the transgender bathroom issue should be a matter of state decision, not federal intervention. Gavin Grimm , a transgender teenager in Virginia, is suing his school boar...

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LG launches the 'Dhaakad Phone' with a special 'panic button'

LG launches the 'Dhaakad Phone' with a special 'panic button'

The front camera also has the ability to take the shot automatically, it recognises the faces in the frame and takes the photo, LG calls this auto shot. The smartphone also features a fingerprint scan...

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Flows of major weapons 'highest since Cold War'

Flows of major weapons 'highest since Cold War'

The volume of world arms trading increased by 8.4 percent compared with the 2007-2011 period, the study by the Stockholm International Peace Research Institute ( SIPRI ) said. Others like Iraq are...

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Kim toxicology report could take two weeks: Malaysia

Kim toxicology report could take two weeks: Malaysia

China Press said one of the two women, Doan Thi Huong, 28, who has a Vietnamese passport, told police that she met one of the men in Malaysia about three months ago for the first time. Officials in...

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Chevron Corporation (CVX) Stake Increased by ETRADE Capital Management LLC

Several other hedge funds have also bought and sold shares of CVX. Compass Capital Management Inc. now owns 5,248 shares of the company's stock worth $540,000 after buying an additional 15 shares duri...

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GST Council approves draft Compensation Law

GST Council approves draft Compensation Law

However the CGST, IGST, SGST draft bills were not cleared in Saturday's meeting and will be taken up for discussion in the next meeting which will be held on March 4 and 5 in Delhi. "It will go before...

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Lockheed F-35 jet cost could drop 16 percent: Pentagon official

Making matters worse, Trump failed to comprehend (perhaps willingly?) that comparing the F-35 and Super Hornet is like apples and oranges; the F-35 is designed with significantly superior radar, commu...

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Delta pays employees Dollars 1.1bn in profit sharing

Delta Air Lines Inc. can afford a few sandwiches and cheese plates. Note the stock price at publication ($50.5), since the technical rating is based on intraday stock prices. The company's market ca...

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Boeing's South Carolina Mechanics Reject Union in Blow to Labor

Boeing's South Carolina Mechanics Reject Union in Blow to Labor

President Donald Trump said he will " talk jobs " during his visit to a Boeing plant in SC. "I love it", Trump said Friday in North Charleston , where he joined McMaster and roughly 5,000 Boeing em...

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Melania Trump Is Apparently "Miserable" as First Lady

Melania, who has reportedly been staying at Trump Tower in NYC with her and Donald's ten-year-old son Barron Trump , showed off a fresh hairstyle at the White House on February 15. Shouldn't you try ...

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United States bridges structurally deficient; 900 in Texas

The following list ranks states by the number of structurally deficient bridges, using the same data. The report is produced annually and by comparing 2016 to 2015's National Bridge Inventory, ART...

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Obamacare needs to be fixed, not repealed

Earlier Tuesday, Aetna and Humana called off a planned merger after a federal court ruling last month blocked the deal. We kicked off the first step by adopting the fiscal year 2017 budget resolut...

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Activist investor Trian raises stake in P&G to $3 bn

Activist investor Trian raises stake in P&G to $3 bn

At the movement The Procter & Gamble Company (NYSE:PG) is under coverage by number of analysts. The institutional investor owned 2,662,283 shares of the company's stock after selling 167,140 shares du...

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Groupon, Inc. (NASDAQ:GRPN) Expected To Report Earnings On Wednesday

Groupon, Inc. (NASDAQ:GRPN) Expected To Report Earnings On Wednesday

Morgan Stanley boosted its position in shares of Groupon by 44.5% in the third quarter. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data...

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Fossil Group Inc Shares Plummet 14% After Disastrous Forecast

The stock has a market cap of $1.10 billion, a PE ratio of 11.13 and a beta of 1.59. According to Zacks Investment Research, The Goldman Sachs Group, Inc. The stock gained 3.52 percent the session f...

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Seahawks won't lose draft pick for concealing Richard Sherman's injury

After the regular season ended, Seahawks coach Pete Carroll revealed that Sherman had been dealing with a medial collateral ligament injury, but it wasn't listed on any of the team's injury reports. "...

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Burger King, Tim Hortons owner's profit beats as costs fall

Burger King, Tim Hortons owner's profit beats as costs fall

Restaurant Brands International has a 52 week low of $30.69 and a 52 week high of $54.30. The company's 50-day moving average is $49.27 and its 200 day moving average is $46.93. Finally, Credit Suiss...

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Stock Price of General Motors Company (GM) Decreases -3.19%

Ford Motor Co.'s growth estimate for the current quarter is -30.9, and -13.5 percent for the next quarter. Institutions are now holders of 56.70% of the shares. The price target estimates represents a...

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Senators grill Janet Yellen on Republican plans to neuter Dodd-Frank Act

Senators grill Janet Yellen on Republican plans to neuter Dodd-Frank Act

She is now working under a President Donald Trump who actively maligned her during the election campaign, accusing her of acting politically by keeping interest rates low to help President Barack Oba...

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Judge refuses to stop work on Dakota Access pipeline

Judge refuses to stop work on Dakota Access pipeline

Further, the Standing Rock Sioux (who have led the headline-grabbing protests against the Dakota Access Pipeline for almost a year) claim that installing the pipeline has damaged and even destroyed an...

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