Economy

Economy Harker stands by Fed rate hikes but nods to weak inflation
Author: 0 Harker stands by Fed rate hikes but nods to weak inflation

The U.S. dollar hit a one-month high against the yen and rebounded against the euro on Monday after the European Central Bank chief defended the ECB's easy monetary policy . Echoing Yellen's views, San Francisco Fed President John Williams on Monday said, "If we delay too long, the economy will eventually overheat, causing inflation or some other problem".

Author: 0 Trump praises India's Modi for purchases of USA armaments

They called on their teams to find creative ways to improve bilateral trade. Modi came to Washington with an armaments shopping list that includes Predator drones, fighter jets and U.S. Modi arrived in the Netherlands on Tuesday on the third and final leg of his three-nation tour, after his high-profile United States visit and meeting with President Donald Trump .

Economy Shooting at San Francisco UPS center, police say
Author: 0 Shooting at San Francisco UPS center, police say

A motive in the killings has not been determined. Multiple people were shot in San Francisco's Potrero Hill neighborhood Wednesday morning, according to several the locals TV stations . Sarah Meier-Heredia said she at first thought it was some sort of "group activity". And the driver did. In the surrounding streets, family members of UPS workers began to gather.

Author: 0 Supreme Court sides with same-sex couples in Arkansas birth certificate suit

The state Department of Health said it will take information from same-sex couples who want to amend a birth certificate, but was waiting on guidance from the state's high court. According to the decision, this regime violates Obergefell " s holding that "the Constitution entitles same-sex couples to civil marriage "on the same terms and conditions as opposite-sex couples'".

Economy USA naval warships arrive in Qatar for military exercise
Author: 0 USA naval warships arrive in Qatar for military exercise

Authorities in Bahrain have detained a man for social media comments critical of the push to isolate Qatar , the first such arrest by the Saudi-led alliance as it seeks to suppress domestic dissent over its actions. Qatar said on Wednesday it had withdrawn its peacekeeping troops from the disputed frontier between Djibouti and Eritrea , after the two East African countries sided with Saudi Arabia and its allies in their standoff with Qatar .

Economy Burling, Team New Zealand reach match point in America's Cup
Author: 0 Burling, Team New Zealand reach match point in America's Cup

Much has been made of the changes Oracle has purportedly made to its daggerboards and rudders - the rumor mill has it the team has shaved 100 kilograms of weight from the boat in an effort to get quicker - but skipper Jimmy Spithill and his crew have continued to suffer the consequences of unforced errors on the racecourse.

Economy Elizabeth Wettlaufer sentenced to life in prison
Author: 0 Elizabeth Wettlaufer sentenced to life in prison

Wettlaufer admitted to using insulin in all 14 cases from 2007-2016. The 50-year-old pleaded guilty last month to eight counts of first-degree murder, four counts of attempted murder and two counts of aggravated assault. "How do we know that our loved ones are safe". Her crimes began in 2007 and didn't stop until she confessed to the killings at a psychiatric hospital in Toronto last fall.

Economy US Durable Goods Fall More than Expected in May
Author: 0 US Durable Goods Fall More than Expected in May

Core capital shipments also dropped 0.2 percent sequentially. Capital goods orders declined 3.1% on the month while non-defence capital goods orders, excluding aircraft, which is a key underlying metric of capital spending fell 0.2% on the month following a 0.2% gain the previous month to give a 2.3% annual gain.

Economy Supreme Court declines to take up two Second Amendment cases
Author: 0 Supreme Court declines to take up two Second Amendment cases

The primary plaintiff, Edward Peruta , filed suit against San Diego County's gun licensing laws in 2009, after a sheriff denied his application for a gun permit. California is one of about 8 states that bar most people from carrying weapons in public. The crimes were classified as misdemeanors, which typically are less serious, but carried potential prison sentences of more than a year.

Author: 0 Trump to welcome India's prime minister to White House

India's implementation of the "complex" Goods and Services Tax (GST) could be studied by United States business schools, Prime Minister Narendra Modi has said, as he invited top American companies to invest in the country which has initiated major reforms.

Economy Airline vet to lead Amtrak in a summer of repairs, reckoning
Author: 0 Airline vet to lead Amtrak in a summer of repairs, reckoning

Amtrak is scheduled to do emergency fix work at Penn Station over the summer. Amtrak announced Monday that the former head of Delta Air Lines will become its new chief executive. In 2013, he was recognized in Fortune magazine's Top People in Business list. For the year ending September 30, Amtrak posted its highest ever total revenue of $3.2 billion and had a record 31.3 million passengers, with more than one-third of them in the Northeast Corridor.

Economy Gas prices drop another 7 cents in Florida
Author: 0 Gas prices drop another 7 cents in Florida

Previous year at this time, the price of gas in Rhode Island was averaging just about the same, at $2.29 per gallon. Gas prices in Georgia for the month of June are at their lowest level for the start of summer in 12 years. The Georgia average price declined for the 29th consecutive day on Sunday, for a total discount of 11 cents during that time. Florida's average is $2.20 a gallon, down from $2.26 a week ago, and elsewhere in the state, motorists are finding $2 a gallon gasoline, AAA ...

Economy Crude Oil Prices Have You Spending Less at the Tank
Author: 0 Crude Oil Prices Have You Spending Less at the Tank

Last week, hedge funds and other money managers piled into new bets on falling prices, according to the Commodity Futures Trading Commission. In the meantime, the weekly EIA data on production and inventories will have outsized importance, mainly because it is one of the few concrete indicators that comes out on a routine basis.

Economy Avis teams up with Waymo on self-driving car program
Author: 0 Avis teams up with Waymo on self-driving car program

Google spent years working on self-driving cars before spinning the project off into Waymo, a division of Alphabet , last year. Avis owns Zipcar, the on-demand rental service with more than 1 million members, largely in urban centers.

Economy Buffett's company buys 9.8 percent of real estate investment firm
Author: 0 Buffett's company buys 9.8 percent of real estate investment firm

Store Capital describes itself as a leader in the single tenant operational real estate and dedicates itself to net-lease profit-center property investments. Store's portfolio includes more than 1,750 properties in 48 USA states, including such customers as AMC Entertainment and the second-largest Applebee's restaurant franchisee.

Economy Sixteen Crown Resorts staff jailed by Shanghai court
Author: 0 Sixteen Crown Resorts staff jailed by Shanghai court

The Australian consul general in Shanghai told reporters at the Baoshan District Court that Crown's head of global VIP gambling Jason O'Connor was given a ten month sentence. Land-based casino gambling and the promotion of casinos is illegal in China except for special administrative regions such as Hong Kong and the Mecca of the orient, Macau .

Economy Justin Trudeau couldn't contain his glee while marching in a Pride parade
Author: 0 Justin Trudeau couldn't contain his glee while marching in a Pride parade

Trudeau, a member of the Liberal Party, has pushed themes of tolerance and multiculturalism since becoming prime minister in November 2015, publicly embracing issues such as Syrian refugees while other world leaders shied away from him. In January, organizers agreed to a list of demands issued by the Toronto chapter of Black Lives Matter, which included the police ban. As Global News reports, some officers were still present at Toronto Pride as security guards.

Author: 0 Australian minister sparks row over gay marriage

Canberra is home to Parliament, which a year ago voted down a plan to hold a non-binding, national referendum on marriage equality when some lawmakers said a question of civil rights shouldn't be decided by popular opinion. After hearing Mr Pyne's "confession", Mr Abbott insisted MPs need to be fair dinkum with the Australian people. "To dump the plebiscite, to do anything without a plebiscite, would be a breach of faith with the people", he warned.

Economy New study of Seattle's $15 minimum wage says it costs jobs
Author: 0 New study of Seattle's $15 minimum wage says it costs jobs

Things took a turn for the worse for worker hours when Seattle increased its minimum wage to $13. "The minimum wage in general seems to do exactly what it's meant to do, and that's to raise wages for low-wage workers, with little negative outcome in terms of job loss".

Author: 0 Houston Astros hit three HRs, finish winning trip by beating Seattle Mariners

The Astros beat Seattle, 8-2, on Sunday at Safeco Field. Of those opponents - Philadelphia, Kansas City and Oakland - none has a winning record, and a two-game sweep of the Phillies is nearly a given. He had four walks and hit a batter. The 426-foot blast was Gattis' fifth homer of the season and made it 6-2. In the seventh, Springer singled with one out and Reddick reached on catcher's interference.

Economy Co-op Bank discontinues sale process amid rescue deal hopes
Author: 0 Co-op Bank discontinues sale process amid rescue deal hopes

According to the Co-operative the negotiations to re-fund the bank are at an advanced stage, with the majority of the key commercial aspects of the recapitalisation proposal "substantially agreed". It is understood the Co-op Bank is close to securing a £700m ($892m) deal with a group of U.S. hedge funds, including Silver Point Capital, Blue Mountain, Cyrus Capital Partners and Golden Tree Asset Management.

Author: 0 Is There Analysts Upside For Shell Midstream Partners, LP (NYSE:SHLX)?

North Mngmt Corp invested 0.04% in Discovery Communications Inc. (NYSE:VEEV) to report EPS of $0.15 for the quarter. Finemark Natl Bank And Trust has invested 0.01% in Discovery Communications Inc. BMO Capital Markets maintained the stock with "Hold" rating in Monday, May 1 report. The firm has "Neutral" rating by Citigroup given on Friday, August 14.

Economy Inmates Kill 2 Prison Bus Guards And Escape, Georgia Sheriff Says
Author: 0 Inmates Kill 2 Prison Bus Guards And Escape, Georgia Sheriff Says

Tuesday, southeast of Atlanta . The green 2004 Honda Civic the two carjacked early Tuesday morning was concealed in the woods in Morgan County, about 60 miles east of Atlanta . "Two correction officers have been murdered - it's very frustrating". In a statement Tuesday, Georgia Gov. Nathan Deal called the two inmates "cowards" who committed "a heinous and senseless act of violence".

Economy Whole Foods Physical Stores Are Vital to Amazon's Grocery Success
Author: 0 Whole Foods Physical Stores Are Vital to Amazon's Grocery Success

According to analysts at Cowen & Co., Amazon, which is expected to be the ninth largest grocery retailer in the USA this year thanks to Amazon Fresh, would become the third largest with the acquisition of Whole Foods. "Consumers want to know what they're getting and putting in their bodies", said Madeline Hurley, a senior analyst at market research firm IBISWorld.

Economy Crash off Japan that killed sailors nearly sank destroyer
Author: 0 Crash off Japan that killed sailors nearly sank destroyer

The flooding was in two berthing compartments, the radio room and auxiliary machine room, he said. "I express my heartfelt solidarity to America at this hard time", he said, praising USA servicemen in Japan under the allies' bilateral security pact.

Author: 0 Flight diverted to remove 'potential threat' from plane

The plane was supposed to land at Hobby Airport in Houston around 1:30 p.m. but as of 6 p.m.it was still in Corpus Christi after making an emergency landing. The Southwest flight from Los Angeles was delayed in Corpus Christi for about two and a half hours before touching down in Houston . "I knew something wasn't right", said the passenger.

Author: 0 Uber CEO Kalanick resigns under investor pressure

She repeated that position on Friday in an interview with Reuters by saying Kalanick's leave of absence was exclusively his decision. Kalanick is credited with not only helping to develop an easy-to-use technology that efficiently matches a rider with a driver but also creating a lifestyle brand that make any user feel like a globetrotting executive.

Economy Slumping oil prices rein in stock indexes
Author: 0 Slumping oil prices rein in stock indexes

Energy stocks bore the brunt for a second straight day, and those in the S&P 500 fell 0.9 percent, a day after losing 1.2 percent. The Nasdaq Composite Index added 45.92 points, or 0.74 per cent, to 6,233.95. A big focus for Asia is whether index provider MSCI will later in the day open up its Emerging Markets Index to Chinese mainland shares which have restricted access for foreign investors.

Author: 0 Liberum Capital Reaffirms "Buy" Rating for Workspace Group plc (WKP)

The share price of Tate & Lyle PLC (TATYY) was down -0.97% during the last trading session, with a day high of 0.00. Tyman PLC (LON:TYMN) has 0.00% since June 22, 2016 and is. On Friday, September 4 the stock rating was maintained by Barclays Capital with "Equal Weight". The company was upgraded on Tuesday, February 23 by Liberum Capital.

Economy Uber board adopts sexual harassment report recommendations
Author: 0 Uber board adopts sexual harassment report recommendations

The recommendations follow an investigation undertaken by Holder and his legal partner, Tammy Albarrán - of the law firm Covington & Burling LLP - who were asked by Uber to investigate claims of sexual harassment in the company. Post a traumatic accident in his family, where Uber CEO Travis Kalanick lost his mother and his father was hospitalized, he has been mulling over the need for some time-off from work.

Economy World Blood Donor Day
Author: 0 World Blood Donor Day

The coordinator said around two percent of the population of any country which donates blood regularly can meet the needs of their entire population, but the culture of blood donation in Pakistan is yet to take root. Blood transfusion services in Pakistan are mostly hospital-based. PAHO said blood transfusions are an essential component of emergency medical care.

Author: 0 Peru Sells 2681 Shares of Anthem, Inc. (ANTM) Stock

Analyst's mean target price for company is $196.44 while analysts mean suggestion is 2.10. The value of the investment in Anthem, Inc . Other hedge funds also recently added to or reduced their stakes in the company. The firm also recently declared a quarterly dividend, which was paid on Friday, June 23rd. Investors of record on Friday, June 9th will be issued a $0.65 dividend.

Economy Senate Health Bill: Dayton Disabilities Advocates Raise Alarms Over Medicaid Cuts
Author: 0 Senate Health Bill: Dayton Disabilities Advocates Raise Alarms Over Medicaid Cuts

Two of the Republican women in the Senate , Lisa Murkowski of Alaska and Susan Collins of ME, are longtime defenders of Planned Parenthood . "If you have low-priced insurance, you go back to what you had before the Affordable Care Act, where you have plans that have all sorts of exclusions from coverage or you have to pay an extra amount", Giaimo said.

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