Finance

Finance Average worker can't afford 2-bedroom apartment anywhere in US, report says
Author: 0 Average worker can't afford 2-bedroom apartment anywhere in US, report says

California and NY are the third and fourth most expensive states respectively. Many minimum-wage workers can't even afford a modest one-bedroom apartment, according to the National Low Income Housing Coalition's annual report. "This new national report confirms what we all know: Hawai'i is facing the worst affordable housing crisis in the country", said Gavin Thornton, co-director of the Hawai'i Appleseed Center for Law and Economic Justice.

Finance USA judge clears AT&T merger with Time Warner
Author: 0 USA judge clears AT&T merger with Time Warner

The ruling is a stinging defeat for the Justice Department. The deal was announced in October 2016 and quickly denounced by Trump. He cited the size of the combined companies. That would set up a showdown with Disney, which has already put in a bid for those assets. Disney's $52 billion offer is in stock, but Comcast will now officially offer Fox $60 billion in cash.

Finance Isolated Kim Jong Un takes big gamble leaving home for Trump summit
Author: 0 Isolated Kim Jong Un takes big gamble leaving home for Trump summit

He said sanctions will remain in place until Pyongyang "completely and verifiably" eliminates all weapons of mass destruction. Victor Cha, top North Korea expert in the George W. However, it can not be the only topic of discussion between Trump and Kim. South Korean President Moon Jae-in was instrumental in facilitating the summit and has staked much of his political capital on a rapprochement with Pyongyang.

Finance USA reaches deal with China's ZTE
Author: 0 USA reaches deal with China's ZTE

President Donald Trump seeks trade concessions from China and negotiations continue to avoid a trade war between the world's two largest economies. Zhongxing Telecommunications Equipment (ZTE) Corporation is a Chinese company headquartered in Shenzhen, Guangdong, China. "When it comes to China, despite his tough talk, this deal with ZTE proves the president just shoots blanks".

Finance Microsoft Data Goes Underwater In Project Natick
Author: 0 Microsoft Data Goes Underwater In Project Natick

The 40-foot structure carries 864 servers on 12 tall racks on the inside and now sits on the seafloor. Underwater sea cables will connect the data servers with land and Orkney's energy system. The units runs exclusively on locally sourced renewable power, with an expected life cycle of about five years (which Microsoft hopes to push up to 20 years).

Finance Questions remain about White House cancellation of Eagles visit
Author: 0 Questions remain about White House cancellation of Eagles visit

Curry raised Trump's ire past year when he said he wouldn't go to the White House , prompting the President to disinvite him and the champion Golden State Warriors. The Eagles were the first NFL team to win the Super Bowl following Trump's first public criticism of players' protest of the national anthem in September 2017.

Author: 0 From bourbon to boats, Mexico strikes back against United States steel tariffs

The United States couldn't muster much interest in remembering the war; legislation in NY to plan events was vetoed in 2009, 2010 and 2011 because of tight finances and a $1.4 million price tag. President more than two centuries ago. While the goal of Trump's tariffs is to shift USA steel consumption away from foreign producers and towards domestic producers, Americans will share some of the pain as well.

Finance Trump tariffs: Mexico retaliates against United States products
Author: 0 Trump tariffs: Mexico retaliates against United States products

Mexico and other US allies including the European Union and Canada have hit back after US President Donald Trump announced stinging steel and aluminium tariffs that came into effect on Friday. "The meetings focused on reducing the United States' trade deficit by facilitating the supply of agricultural and energy products to meet China's growing consumption needs, which will help support growth and employment in the United States", the bland statement posted to the White House ...

Finance Oil prices steady after shake-out on supply worries
Author: 0 Oil prices steady after shake-out on supply worries

At Multi Commodity Exchange, crude oil for delivery in June traded Rs 10 or 0.22 per cent lower, at Rs 4,507 per barrel in 2,252 lots. But despite the differential as well as substantial recent losses for both benchmarks, at least one analyst believes there is something else to consider, namely the idea that prices won't keep falling because it will be tough for even record-breaking USA output to meet global demand.

Finance Republicans in key midterm races caution against Trump's new tariffs
Author: 0 Republicans in key midterm races caution against Trump's new tariffs

U.S. Commerce Secretary Wilbur Ross said during a call with reporters on Thursday that slow progress on the NAFTA renegotiation is another reason why Canada and Mexico will now be subject to the import tariffs. In his public comments on the tariffs, however, the president rarely references this rationale, focusing instead on an economic argument for taking radical measures to reduce America's trade deficit.

Finance Oil Prices Steady After A Downward Trend Over Supply Concerns
Author: 0 Oil Prices Steady After A Downward Trend Over Supply Concerns

Al-Falih said that OPEC as well as Russian Federation could supply more oil to markets around the world in the short term and make up for the output collapse in Venezuela , and the impact of sanctions by the US against Iran . The Saudis also have to balance the geopolitics of oil, striking a balance between their need for relatively high prices against the support of U.S.

Finance Canada to Buy Kinder Morgan Pipeline for $3.5 Billion
Author: 0 Canada to Buy Kinder Morgan Pipeline for $3.5 Billion

While British Columbia has battled the project, Alberta has been a major backer, leading to increasingly testy battles between the two governments and calls for Ottawa to intervene. Finance Minister Bill Morneau unveiled the government's long-awaited, big-budget strategy on Tuesday to save the plan to expand the oilsands pipeline.

Finance Oil Ministry approves futures trading of petrol and diesel
Author: 0 Oil Ministry approves futures trading of petrol and diesel

Meanwhile, India woke up to marginal cut in petrol prices on Wednesday but the cheer was short-lived as it turned out that the 60 paise cut was just an error on part of the IOCL and the actual reduction in price was a meagre 1 paisa . The continuous fuel price hike has caused inconvenience and disappointment among the general public and farmers for the last 16 days. Petroleum prices do not fall under the ambit of Goods and Services Tax (GST) and are one of the big sources of revenue for ...

Finance Drivers pay €100 a year more for fuel, new hikes coming
Author: 0 Drivers pay €100 a year more for fuel, new hikes coming

Further, in Kolkata, petrol price , now inching towards a four year high, was sold at Rs 80.61, against 80.47 per litre on Friday. Meanwhile, the Indraprastha Gas Limited (IGL) on Monday announced an increase in the prices of Compressed Natural Gas (CNG) in Delhi and nearby areas, comprising Noida, Greater Noida and Ghaziabad as a result of the recent appreciation of dollar and revision in proportions of domestic gas allocation.

Finance Starbucks Closing Tuesday in US: What You Need to Know
Author: 0 Starbucks Closing Tuesday in US: What You Need to Know

The company will also share a new original film by filmmaker Stanley Nelson, who has more than 20 years' experience as a producer, director, and writer of documentary films and videos examining African American history and experiences. As for her role in the training, Ifill said her goal was to ensure "that what they do undertake is rigorous and is likely to produce real results".

Finance Service dog set to board plane goes into labour at airport
Author: 0 Service dog set to board plane goes into labour at airport

On Friday, a service dog named Eleanor Rigby (aka Ellie) gave birth near gate F-80. Van Atter said she knew her dog was pregnant, but they did not know how close to giving birth she was. Paramedics Larry Glanton and Lt Natalie Brown patiently delivered seven male pups, before the arrival - a little girl. (Tampa Fire & Rescue/ Twitter) The adorable pups were all delivered safe and sound.

Finance PayPal acquires Swedish startup iZettle for $2.2 billion ahead of IPO
Author: 0 PayPal acquires Swedish startup iZettle for $2.2 billion ahead of IPO

It has a presence in 11 countries including Brazil and Mexico as well as across Europe - with its brand increasingly familiar in British coffee shops and restaurants. The deal will enable PayPal to expand its presence in in-store payments globally, and will mark the largest-ever acquisition by the USA fintech giant, Reuters reports.

Finance The Senate voted to restore net neutrality: Here's what that means
Author: 0 The Senate voted to restore net neutrality: Here's what that means

Edward Markey , D-Mass., that would reverse the FCC's decision. "And, they certainly don't want their internet providers making those decisions". The repeal takes effect June 11. In fact, Small Business Majority's scientific opinion polling found 56 percent of small business owners oppose the FCC's repeal of net neutrality, with almost 4 in 10 strongly opposing the repeal.

Finance Tesla Model S Owner Says Autopilot Was Enabled During Utah Crash
Author: 0 Tesla Model S Owner Says Autopilot Was Enabled During Utah Crash

A Tesla Model S sedan was traveling at 60 miles (97 km) per hour when it smashed into a fire truck stopped at a red light about 20 miles south of Salt Lake City, Utah, on Friday night, according to police. While its cars have Autopilot capabilities, drivers are called on to be paying attention and ready to take control of steering wheel. Storm clouds have gathered over Tesla ever since the Model 3 went into production.

Finance Farah City on 'Verge of Collapse', Claim Residents
Author: 0 Farah City on 'Verge of Collapse', Claim Residents

Farah provincial Gov Abdul Basir Salangi said more than 300 Taliban fighters were killed in the gun battles in the provincial capital also called Farah. Clashes have been ongoing for the past few months in different parts of Farah province. NATO Resolute Support (RS) mission has arrived in western Farah province to support the Afghan led offensive against the Taliban , a statement from the RS mission said on Tuesday.

Finance Kenya attends U.S. embassy move gala as Israel faces outcry over Gaza
Author: 0 Kenya attends U.S. embassy move gala as Israel faces outcry over Gaza

At least 59 people, including unarmed women and six children, were shot dead while more than 2,700 others were injured by Israeli soldiers during protests over President Donald Trump's controversial relocation of the U.S. Both these resolutions affirm that Jerusalem would be the capital of the future Palestinian State and the State of Israel. Pierce was echoed by Bolivia's envoy Sasha Llorenty who said that "the unilateral decision by the United States to move its embassy to Jerusalem does ...

Finance Salma Hayek offers a solution to the gender pay gap
Author: 0 Salma Hayek offers a solution to the gender pay gap

But she also had a warning for these women: "they still want to pay you the exploitative salary they paid you before". "As women, we all face our own unique challenges, but we stand together on these stairs today as a symbol of our determination and commitment to progress", read part of the statement.

Finance Retailer Gap apologises for T-shirts with 'incorrect' map of China
Author: 0 Retailer Gap apologises for T-shirts with 'incorrect' map of China

The apology came after a person posted pictures of the T-shirt on Chinese social media network Weibo , saying that Chinese territories, including South Tibet, the island of Taiwan and the South China Sea , were omitted from the map. "ORCRP006320-topic.html" class="local_link" >Gap is the latest company to apologize to China for failing to reflect Beijing's territorial claims - on a map shown on a T-shirt for sale in North America.

Author: 0 Oil price hike set his week

In addition, there are downside risks to Iranian crude oil exports. March inventories were only 9m barrels above 5 year averages. Francisco Blanch, commodity and derivative strategist at the bank said in a report published "There is also a risk of Dollars 100/bbl, as our forward balances embed OPEC "tapering" and no major drop in Iranian crude exports".

Finance Iran seeks 'clear future design' for imperilled nuclear deal
Author: 0 Iran seeks 'clear future design' for imperilled nuclear deal

Bolton's comments come despite pledges from European leaders across the board that they will uphold the agreement, even after President TrumpDonald John TrumpUS paid Trump's Scottish resort for VIP hotel stays: report Michael Avenatti tweets, then deletes, Fox News booker's phone number Former Trump aide working with Russian company to lift United States sanctions: report MORE announced last week the USA would no longer honor it.

Finance Trump orders relief for banned Chinese telecoms giant
Author: 0 Trump orders relief for banned Chinese telecoms giant

Trump said in a Sunday morning tweet , posted minutes after arriving at his golf course in Virginia, that he and Chinese leader Xi Jinping are working together to give ZTE "a way to get back into business, fast". The Department of Commerce has not made an official comment as yet, but what might be expected are tighter restrictions on ZTE. A bit of background: ZTE is one of the largest smartphone makers in China, where the company employs 75,000, according to The New York Times .

Finance Tampa Bay Lightning vs. Washington Capitals - 5/13/18 NHL Pick, Odds, and Prediction
Author: 0 Tampa Bay Lightning vs. Washington Capitals - 5/13/18 NHL Pick, Odds, and Prediction

The more room he has, the more damage he leaves in his wake. "I view it as a two-year window", general manager Brian MacLellan said of the Capitals' chance of winning the Stanley Cup during the 2015-2016 season. Washington also got some favorable bounces and all the puck luck to build a 4-0 lead before 27 minutes were played. So, how did Ovechkin get so open on both attempts? Ovechkin has been a man on a mission throughout the playoffs.

Finance Ford shuts down F-150 production
Author: 0 Ford shuts down F-150 production

The shutdown could last several weeks due to a shortage of some parts needed to build the vehicles. It's a key profit generator for Ford. The average F-Series truck went out the door at $46,700 previous year, according to the automaker. Ford expects the production shortage will "have an adverse impact" on near-term results but it maintains full-year EPS guidance of $1.45-$1.70. Klefot said that whenever production resumes, workers should prepare for some "serious overtime" and weekend work, ...

Finance Starbucks changes its bathroom policy to be open to all
Author: 0 Starbucks changes its bathroom policy to be open to all

The stock traded volume of 5836841 shares in last session versus to an average volume of 8885.03K shares. On the surface, it seems as the higher the 50-day moving average goes, the more bullish the market is (and the lower it goes, the more bearish).

Finance Key Takeaways from the Flipkart-Walmart Deal
Author: 0 Key Takeaways from the Flipkart-Walmart Deal

If the transaction were to close at the end of the second quarter of this fiscal year, Walmart expects a negative impact to its FY19 EPS (earnings per share) of approximately $0.25 to $0.30, which includes incremental interest expense related to the investment.

Finance Retail king Kishore Biyani eyes selling 10% stake to Amazon or Walmart
Author: 0 Retail king Kishore Biyani eyes selling 10% stake to Amazon or Walmart

Within a year after getting acquired by e-commerce giant Flipkart, eBay India said it is looking to sell its stake in Flipkart for about $1.1 billion. Accel, one of the first investors in Flipkart, has earned a sevenfold return, including a 71-times return with its Accel India Fund. The reason behind the interest of Walmart in this deal is probably due to the fact that by some predictions, India is the upcoming major market in the field of e-commerce and this market is assumed to grow by ...

Finance Jose Mourinho 'very positive' that Alex Ferguson will recover
Author: 0 Jose Mourinho 'very positive' that Alex Ferguson will recover

The 36-year-old will retire at the end of the season before taking up a role in the club's coaching team. There have also been reports of a fallout between Mourinho and his star midfielder , with Pogba occasionally left out of the lineup and catching public criticism from his manager following lacklustre performances.

Author: 0 US Crude Edges Toward $70 as Traders Brace for Iran Decision

Refinery inputs averaged about 16.6 million bbl/d, a decrease of 60,000 bbl/d over the last week. USA oil production also hit a fresh record of 10.62 million barrels per day (bpd), a jump of more than a quarter since mid-2016. A supply deficit is looming and the source of this is OPEC countries. This is, in part, because supplies have appreciably tightened. The risk of supply disruption has lifted aluminium, and to a lesser extent nickel, after the U.S.

Finance Tesla drops in premarket after Musk lets loose on call
Author: 0 Tesla drops in premarket after Musk lets loose on call

Tesla's stock dropped as much as 9 percent on Thursday, hours after he avoided answering the question about Tesla's ability to raise capital. ( TWTR ) early Friday with a series of tweets justifying his bold behavior on Thursday's call, in which he dismissed some analysts' questions and redirected others to a pro-Tesla YouTube blogger.

Finance Amber Rudd leaves government
Author: 0 Amber Rudd leaves government

Home Secretary Sajid Javid said he would do "whatever it takes" to resolve the status of all those who have become innocent casualties of the Conservative government's tough immigration policies. She faced mounting pressure after admitting she had "inadvertently" misled MPs over the existence of targets for removing illegal immigrants in her handling of the Windrush scandal .

Finance Finally, Flipkart board approves 75% stake sell to Walmart for $15 Bn
Author: 0 Finally, Flipkart board approves 75% stake sell to Walmart for $15 Bn

Sources said all major investors in Flipkart , including SoftBank of Japan, are more or less on board with Walmart's purchase and the deal could be announced in the coming days. Walmart is now seeking a bigger stake than previously expected. The sources added that Sachin Bansal, founder of Flipkart , was in the United States last week to oversee final lap negotiations with Walmart .

Finance Tesla says Model 3 ramp is on track; results top expectations
Author: 0 Tesla says Model 3 ramp is on track; results top expectations

Tesla CEO Elon Musk presides over the handover of the first Model 3 cars in August 2017. Tesla shares were recently off 7 percent at $280, as Musk got smart alecky with analysts on the late-Wednesday conference call despite the company's widening losses and continued failure to meet production goals for the mass-market Model 3 sedan .

Finance Four skiers die in Swiss Alps after spending night in snowstorm
Author: 0 Four skiers die in Swiss Alps after spending night in snowstorm

Initially, there was only one fatally and police say "it appears, the person died as a result of a fall". Three women - a 72-year-old Swiss, a 56-year-old Frenchwoman and a 43-year-old Italian - remain in hospital, one of them in a life-threatening condition, police said .

Finance BP profits race 71% higher as oil prices rebound
Author: 0 BP profits race 71% higher as oil prices rebound

BP's shares rose more than 1% in early London trading, after touching a high of GBP5.48, or about $7.50. Its recent history has been dominated by the... dollars (£3.8 billion). Operating cash flow excluding Gulf of Mexico oil spill payments* in the quarter was $5.4 billion including a $1.8 billion negative impact from an increase in working capital ($1.7 billion after adjusting for inventory holding gains) driven by higher oil prices and seasonal inventory builds.

Author: 0 Can analysts adopt a bullish outlook for Cobham plc (LON:COB)?

Plus500 Ltd had 33 analyst reports since January 6, 2016 according to SRatingsIntel. In Monday, April 9 report Peel Hunt maintained the stock with "Add" rating. Meiji Yasuda Asset Management has 0.05% invested in Alexandria Real Estate Equities, Inc. The rating was maintained by Liberum Capital on Tuesday, April 25 with "Buy".

Finance 2 big supermarket chains plan merger to create UK's biggest retail chain
Author: 0 2 big supermarket chains plan merger to create UK's biggest retail chain

Sainsbury's said the new group would seek to lower prices by around 10 percent on many popular products, and anticipates cost savings of at least £500 million. Instead, he said cost savings of at least £500m would allow the new group, which will account for almost £1 in every three £3 spent on groceries, to reduce prices by a tenth on many "everyday items".

Author: 0 FY2018 EPS Estimates for Alibaba Group Lowered by KeyCorp (NYSE:BABA)

Daiwa Securities Grp accumulated 1,000 shares or 0% of the stock. The company's stock had a trading volume of 15,062,517 shares, compared to its average volume of 19,529,500. Macquarie Research downgraded Magna International Inc. ( NYSE :VZ) on Monday, November 20 to "Outperform" rating. RBC Capital and their recent target suggests a potential upside of 24.18 % from the company's last price.

Finance Sunny weather for the weekend after a few showers Friday
Author: 0 Sunny weather for the weekend after a few showers Friday

Winds pick up by Monday with the possibility for blowing dust and sand. Mostly sunny, with a high near 72. Monday night , the low will be around 63 with partly cloudy skies, according to the weather service. Sunday , the high will be near 73 with sunny skies and a south southeast wind of 7 to 13 miles per hour, the weather service said. East southeast wind 5 to 10 miles per hour.

Finance Gundam Designer Collaborates on World's 1st Ridable Transforming Robot Car Project
Author: 0 Gundam Designer Collaborates on World's 1st Ridable Transforming Robot Car Project

The Turkish Letrons project already produced a prototype transforming auto that made an appearance at the Japanese premiere of Michael Bay's Transformers: The Last Knight film previous year. The machine is more impressive on wheels. According to the reports, the speed of this robot auto is thirty kilometres per hour and it is a two-seat vehicle.

Finance Meek Mill to NBC's Lester Holt: 'No, I don't feel free'
Author: 0 Meek Mill to NBC's Lester Holt: 'No, I don't feel free'

Robert Rihmeek Williams , 30, more commonly known as Meek Mill has been released from prison . Asked if he felt free, Mill told Holt: "I ain't feel free since I caught this case at age of 19 - I'm 30 now". Larry Krasner , the District Attorney of Philadelphia, also believes Meek's original conviction may be overturned due to a corruption scandal. Philadelphia 76ers co-owner Michael Rubin has shown his support for Meek throughout the legal process.

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