Finance

by | February 18, 2017 | 00:42

Speaking at the unveiling of Boeing's new Dreamliner jet in South Carolina, Trump commented on the appearance of his own aircraft, Air Force One, saying, "That plane, as attractive as it looks, is 30 years old-can you believe it?" The president is not expected to leave the Boeing or airport property during his visit and will make a comment inside of Boeing's facility around 12:30 p.m.

by | February 16, 2017 | 00:49

The purchases expanded Berkshire's stake in the technology giant to $6.6 billion as of December 31. Investors like to look at Berkshire's investments because of Buffett's remarkably successful track record although the filing doesn't make clear who made all the investments.

by | February 13, 2017 | 00:49

Garcia de Rayos' two US -citizen children were next to her during the evening news conference. "Well, Carter Evans found a woman caught by this order who had been allowed to remain in Phoenix under president Obama's immigration policy, " said anchor Scott Pelley during the lead-in to Evan's report .

by | February 11, 2017 | 00:40

United States stocks traded higher on Friday after President Donald Trump promised to make a "phenomenal" announcement about his tax plans soon and that he would stand by the "one China" policy concerning Taiwan. On the data front, the USA import price index rose to 0.4% in December from 0.5% the previous month which was revised up from 0.4%. USA import prices in January rose 0.4%, more than economists had expected.

by | February 11, 2017 | 00:42

He is averaging 19.8 points, 5.2 rebounds, and 2.6 assists per game this season. Justin Jackson led UNC with 21 points and Joel Berry II was the only other Tar Heels player in double-digits with 15 points. 3 seed line with a few big wins. Duke has allowed 70-plus points in all but two games in ACC play this season. The Tar Heels couldn't find the clutch basket that would put them on level terms again.

by | February 11, 2017 | 00:38

The Sensex opened higher at 28,443.23 and moved in a range of 28,483.41 and 28,361.97. With regard to global cues, firm trend in other Asian bourses, tracking overnight gains in the U.S. Intra-day, it traded between 8,809.30 and 8,741.05. The rupee also opened marginally higher at 66.81 despite the dollar's strength in global currency markets.

by | February 11, 2017 | 00:38

In the United Kingdom, winter bookings are 5% higher, with prices 1% lower, while it said average selling prices are 9% higher for the summer. Peter Fankhauser, Chief Executive of Thomas Cook , said: "Bookings to Greece are now up by over 40 per cent, while demand for destinations such as Cyprus, Bulgaria, Portugal and Croatia is also strong".

by | February 10, 2017 | 01:58

The EIA said the relatively stable prices in January came as oil market participants assessed news and data on the status of supply from countries participating in the production cuts. "If we continue to see a decent compliance level in the 85 to 95 percent range from OPEC, and we do see inventories cleaning up in the USA, we may get another leg up", Chirichella said.

by | February 09, 2017 | 00:33

The company posted underlying earnings of $5.1bn in its full year results, a much healthier figure than its $4.5bn in pre-tax profit from the year prior, which were its worst earnings in over a decade. Net debt was reduced to $9.6 billion. Rio will purchase UK-listed shares throughout the course of this year. Rio has taken full advantage of the gains by lifting ore shipments for the year to 327.6 million tonnes, 3 per cent higher than the previous year.

by | February 08, 2017 | 00:41

Futures slipped 1.6 per cent in NY. After the average oil price fell to its lowest in 12 years at $44 a barrel last year, BP said it expected prices to have found a floor for this year at $50 a barrel following a decision by major Opec and non-Opec producers to limit output.

by | February 04, 2017 | 00:37

But now, things could be changing, because Macy's stock surged more than five percent on Thursday. Such a deal would be the fifth Hudson's Bay has made since 2013, when Canada's oldest retailer acquired luxury chain Saks Fifth Avenue for $2.9 billion.

by | February 03, 2017 | 00:39

CBS last February announced plans to divest its radio division, which had become a drag on earnings and was not a strong fit with its content-focused strategy. The new company, which will own 244 stations, including air waves in 23 of the top 25 USA markets, will keep the Entercom name and be based in Philadelphia, though offices for CBS will be maintained in NY, according to a Thursday statement.

by | February 03, 2017 | 00:41

The parent company of ephemeral messaging app Snapchat is hoping it will have staying power on the stock market. In documents filed with the Securities and Exchange Commission, Snap said it took in $ 404 million in revenue past year but lost $515 million.

by | February 03, 2017 | 00:38

In what is referred to as Super Thursday in United Kingdom financial markets, where the Bank holds a press conference and reveals fresh growth and inflation forecasts following a rate decision, Carney noted the solid advances the United Kingdom economy has made since the June 23 referendum but cautioned that a weaker pound would likely add significant upward pressure to consumer prices.

by | January 31, 2017 | 00:42

Recently, Volkswagen agreed to pay $22 billion as settlement and plead guilty to criminal charges in the USA over its admission that it cheated emission test of its diesel vehicles using a software. The last time General Motors was at the top was in 2011 after Toyota's productions took a severe beating following an quake. During the recent times the company has been making strides in new markets too.

by | January 27, 2017 | 00:42

Notably, the revenue beat was ached despite Ford suffering a 2% decline in US sales and reporting lower global wholesales, including in North America. "We had a solid net income, although lower than a year ago because of our pension remeasurement". In North America, Ford's operating margin was 9.7% for the full year.

by | January 27, 2017 | 00:46

J&J is paying $280 a share in cash for Actelion , retaining the company's commercially available treatments for rare diseases such as an artery disorder known as pulmonary arterial hypertension, plus a handful of drugs in late-stage development.

by | January 27, 2017 | 00:41

However, the DNA proves the child's mother was not among those found dead in the drum, and neither was Beaudin. The New Hampshire Attorney General's office revealed that one of the girls murdered in Allenstown was fathered by serial killer Bob Evans.

by | January 26, 2017 | 00:49

This works if the AirPods are within the Bluetooth range of any of the iOS devices signed into iCloud account. The penalty for replacing those little buggers: $69. It's not clear what exactly this means for now, but, according to initial tests, the option is part of an iOS device's setup flow in 10.3. India being one of the top followers of the game would definitely embrace the new functionality provided in the latest update .

by | January 26, 2017 | 00:35

Hertha Berlin striker Kalou, 31, confirmed after the match that it would be his last for his country. "I feel very good and give congratulations to the players". The St Pauli forward is new to worldwide football having only made his debut past year, but has started both games at the tournament and already emerged as an integral part of his side's attack.

by | January 25, 2017 | 09:18

The Electronic Communications Privacy Act compels companies to divulge the data and keep the move secret, violating the company's First Amendment right to speak with its customers, according to its complaint filed past year. Microsoft insisted that the power to demand overseas data could threaten the privacy of customers. The case is the fourth time Microsoft has sued the federal government on issues related to customer protections since Edward Snowden's disclosures about the government's ...

by | January 24, 2017 | 00:38

Malaysia Airlines Flight MH370, carrying 227 passengers and 12 crew members, disappeared en route from Kuala Lumpur to Beijing on 8 March 2014. The families of victims on board the missing flight MH370 said Sunday they planned to hand-deliver a petition and personal letters to Malaysia's transportation minister urging the search for the plane be resumed.

by | January 22, 2017 | 00:42

President-elect Donald Trump will reportedly nominate the former governor of Georgia as head of the U.S. Department of Agriculture, completing nominations for his cabinet about 36 hours before his inauguration. Perdue, who holds a doctorate in veterinary medicine and served in the U.S. Air Force, founded a grain and fertilizer business in Georgia. Under Perdue's predecessor the state flag featuring the Confederate battle emblem had been replaced with an unpopular design.

by | January 22, 2017 | 00:43

Draghi stated that there is still little sign of increases in shop prices and workers' wages, which is a symptom of economic weakness. In the letter , Draghi reiterated that the imbalances were due to the ECB's own bond buying-program, where numerous sellers are foreign investors with accounts in Germany, and ensuing portfolio rebalancing.

by | January 21, 2017 | 00:44

China's economy expanded 6.8% in the fourth quarter of 2016, the latest official data (link in Chinese) show. "Specifically, the year-on-year growth of GDP for the first quarter was 6.7 percent, 6.7 percent for the second quarter, 6.7 percent for the third quarter, and 6.8 percent for the fourth quarter", the Bureau added, releasing the preliminary estimates.

by | January 18, 2017 | 01:12

Two weeks ago Trump targeted GM by tweeting , "General Motors is sending Mexican made model of Chevy Cruze to US vehicle dealers - tax free across border". That announcement came on the same day GM said it would invest $900 million at three us plants. GM said last week it had no plans to cancel Mexican investments despite Trump pressure.

by | January 16, 2017 | 00:36

Excluding the large auto sector that accounts for 20% of overall retail business, sales rose a disappointing 0.2% in the final month of the year. In addition, the National Retail Foundation revealed that the holiday sales shopping numbers were higher than they initially expected.

by | January 15, 2017 | 00:37

RFK Stadium is not the only place that buses will park on the day of the march , so there could very well be more than 1,200 heading into the city. Watch out, Donald Trump: The Women's March On Washington may outshine the presidential inauguration next weekend and that probably won't make you happy.

by | January 15, 2017 | 00:37

French prosecutors are accusing Renault of running a VW-like emissions scam, with local investigators launching an inquiry into accusations that some of the company's models are actively cheating their exhaust tests. For its part, Fiat Chrysler also denied the charges and pledged to work with President-elect Donald Trump's adminstration to resolve the issue "fairly".

by | January 14, 2017 | 00:28

Hideo Nakajima, Tsuneo Chikaraishi and Shinichi Tanaka are Japanese citizens and not in USA custody. All three executives were longtime employees of Takata until their departure in 2015. The US Attorney's Office in Detroit announced Friday that Takata Corp . had pleaded guilty to a single criminal charge after hiding a fatal defect in its airbag inflators.