Economy


Iranian fast boats force USA navy ship to alter course Iranian fast boats force USA navy ship to alter course
- March 08, 2017

The "unsafe" encounter came just two days after an Iranian navy frigate came within 150 yards of the Invincible in the Gulf of Oman, just south of the Strait of Hormuz. Long-term tensions between Washington and Tehran were reduced when the US and several world powers agreed to end sanctions on Iran after an agreement to rein in the Islamic Republic's nuclear ambitions was signed. (more...)
Uber Reportedly Worked Around Police Investigations With a Secret Trick Uber Reportedly Worked Around Police Investigations With a Secret Trick
- March 08, 2017

To stymie those efforts, Uber served up a fake version of its app to make it appear the undercover regulators were summoning a vehicle, only to have the ride canceled. The company then served up a fake version of the app populated with ghost cars, to evade capture. And in Florida, Hillsborough regulators coordinated with taxi and limousine companies on an undercover operation that lured out Uber drivers so they could be assessed US$700 fines. (more...)
Expect a Rate Hike Later This Month, Signals Fed Chair Janet Yellen
- March 04, 2017

Federal Reserve chairwoman Janet Yellen helped stoke those expectations in a speech in which she said an improving job market and rising inflation would likely prompt the central bank to increase borrowing costs. The shift in expectations has sent Treasury yields soaring, since investors now see a prospect of higher inflation that would erode the real interest payouts of bonds. (more...)
Bears: Palo Alto Networks, Inc. (NYSE:PANW), Target Corporation (NYSE:TGT)
- March 02, 2017

Equities analysts predict that Palo Alto Networks will post $2.78 EPS for the current fiscal year. They set a "hold" rating and a $153.00 price target on the stock. If you are reading this report on another domain, it was illegally stolen and republished in violation of USA & worldwide copyright & trademark legislation. (more...)
Millions of people turned out for pro-Donald Trump rallies
- March 01, 2017

Crowds focused not only on supporting Trump but also criticizing the Republican leadership who they felt was not backing the president enough. Rallies across the United States were held on Monday after President Donald Trump called on the "millions of people who voted to make America great again" to hold demonstrations, which he predicted "would be the biggest of them all". (more...)
The Horror Influences on Jordan Peele's Thriller GET OUT
- February 28, 2017

Regardless, Get Out's supremacy looks undeniable this weekend and though next week's race looks to be all over already with the arrival of the box office juggernaut that will be James Mangold's Logan , the movie could prove to have similar legs as Split , another galvanic, imperfect horror flick made on a modest budget. (more...)
Trump budget plan will not cut Social Security, Medicare: Mnuchin Trump budget plan will not cut Social Security, Medicare: Mnuchin
- February 28, 2017

The United States mainly taxes corporate income. If that proves to be the case, then Trump will have made good on a campaign promise to protect federal programs created to help the elderly and low-income Americans from budget cuts. The leadership of the Committee for a Responsible Federal Budget, an anti-deficit group, has called on Trump to discuss the importance of the national debt during his first address to a joint session of Congress. (more...)
Oil Prices Fall as US Crude Inventories Rise Further Oil Prices Fall as US Crude Inventories Rise Further
- February 27, 2017

West Texas Intermediate ended the session 46 cents lower at $53.99 a barrel. Prices were also pressured by book squaring ahead of the weekend and upcoming February 28 expirations in Brent futures for April delivery, heating oil for March delivery, and March RBOB gasoline, analysts and traders said. (more...)
Donald Trump's immigration plans could impact 3 lakh Indian-Americans Donald Trump's immigration plans could impact 3 lakh Indian-Americans
- February 26, 2017

The document does indicate that the priority remains "removable aliens" who have been convicted of a crime or charged with a crime. Ties between the countries have plunged since Trump took office a month ago, punctuated by Trump's insistence that Mexico pay for a border wall and other demands on illegal immigration and trade. (more...)
Pro-Tip: Turn The Oscars Off After Best Supporting Actress Pro-Tip: Turn The Oscars Off After Best Supporting Actress
- February 26, 2017

With Jeff Bridges from "Hell or High Water" already having an Oscar, no real competition for Ali has emerged. Affleck claimed much of the early awards , but Washington came on strong late claiming the SAG award and also has the added boost of being a beloved icon while Affleck's personal life has found controversy . (more...)
LG K10 2017 quick review LG K10 2017 quick review
- February 23, 2017

The panic button, 112, is a great initiative and we must applaud efforts of LG Electronics who is developing technology for the betterment of the society. It features a 5.3-inch HD display with a 2.5D glass on top. In the camera department, there is also a 13MP rear camera with f.2/2 aperture, autofocus, and LED flash that can record videos at Full HD resolution. (more...)
Past 3 Quarter Analysis for Wal-Mart Stores Inc. (NYSE:WMT)
- February 22, 2017

In the quarter ended January 27, which included the crucial holiday period, Wal-Mart Canada's sales at existing stores were essentially flat, inching up just 0.2 per cent, the company reported on Tuesday. "Wal-Mart has struggled to differentiate against Amazon.com and a host of emerging online threats", Wells Fargo & Co. analyst Zachary Fadem said. But online sales still only account for a fraction of its total. (more...)
Rival CEO got to listen in on Trump's calls on Lockheed project
- February 18, 2017

Days after Trump's inauguration, Lockheed and the Department of Defense announced the next F-35 contract, which would deliver planes at a lower cost and saved taxpayers around $738 million on the program from previous contracts. A Lockheed spokeswoman said the company had no comment. Northrop Grumman (NOC), a major F-35 subcontractor, rose 0.1%. Aerospace analyst Richard Aboulafia said in an e-mail that "Trump seems to really like interfering in the requirements process" but "hopefully, ... (more...)
First Lady 'Miserable' With Her New Role?
- February 17, 2017

Although the first lady is fluent in five languages, she is self-conscious of her heavy Slovenian accent, which comedians have mocked, according to US Weekly . However Melania was recently seen living it up Florida , leaving freezing cold NY behind for the lavish holiday home she shares with Donald. Melania has made very few public appearances in the weeks following the inauguration, and most notably hasn't even moved into the White House. (more...)
Aetna Merger With Humana Canceled
- February 16, 2017

It didn't take long for the other shoe to drop in government challenges to major health insurance mergers, with a federal trial court smacking down the proposed $48 billion purchase of Cigna Inc.by Anthem Inc. It also filed a lawsuit in DE, asking a judge to declare legal its decision to terminate the deal and to approve $13 billion in damages for shareholders who did not receive the takeover premium. (more...)
Stocks Radar: Tata Motors, Intellect Design Arena, Sun Pharma And More
- February 16, 2017

The market breadth was weaker on BSE, as 1,790 shares fell and 1,039 rose while 166 others were unchanged. At 11.12 a.m., the 30-share BSE index Sensex was down 64.17 points or 0.23 per cent at 28,275.14 and the 50-share NSE index Nifty was down 18.55 points or 0.21 per cent at 8,773.75. (more...)
USA wholesale inflation sees biggest monthly gain in 4 years
- February 16, 2017

The team forecasts China's annual inflation rate to be contained at 2.6% even with a strong rise seen in January. Inflation had been expected to hit 1.9 per cent in January, a stone's throw from the Bank of England's two per cent target. 'These prices look set to feed through to consumers in coming months, ' he said. Food prices added 2.7 percent year on year in January, higher than the 2.4 percent gain in December because of the holiday effect, Sheng said. (more...)
American Eagle jet hits deer on take- off, returns to airport
- February 16, 2017

The plane was then forced to land in MS, according to WSOCTV . The FAA said the plane landed safely at the Charlotte airport at 12:05 p.m. after declaring the emergency. (more...)
Here's Why General Motors Company (GM) Stock Will Drive to $42
- February 15, 2017

Essex Financial Services Inc. boosted its stake in General Motors Company by 2.8% in the second quarter. For the past 5 years, the company's revenue has grown -2.4%, while the company's earnings per share has grown 14.7%. Based on data provided from analysts polled by Thomson Reuters, General Motors Company has a current consensus target price of 38.82. The Company got Initiated by Macquarie on 1-Dec-16 to Outperform. (more...)
Deported mother temporarily reunited with kids in Mexico
- February 13, 2017

That felony conviction stemmed from a workplace raid conducted by former Maricopa County Sheriff Joe Arpaio in 2008, where Garcia - who came to the U.S.in 1996 at the age of 14 - was found to have used a fake ID and Social Security number to get a job at the Golfland Sunsplash amusement park. (more...)