Economy

Judge denies deposition request in Greitens' criminal trial

Judge denies deposition request in Greitens' criminal trial Bennett objects to Hawley's April 11 statements on a government website in which he called on Greitens to resign immediately and referred to allegations in a House special committee report as "certainly impeachable". "We would ask that you ask somebody who hasn't made these public statements, who hasn't said things that would give the appearance of a conclusion perhaps already having been reached,... [Full Article...]

High probability of a Brexit deal with European Union, says David Davis

High probability of a Brexit deal with European Union, says David Davis Mrs May responded: "The British people voted to leave the European Union, in voting to leave the European Union they voted to leave the single market and the customs union". " If the UK's red lines were to evolve, the [European] Union would be prepared to reconsider its offer ", he said. "It is now up to the United Kingdom to come up with its vision for the future, which should confirm the UK's re... [Full Article...]

Ford to axe USA hatchback lineup in favour of SUVs

Ford to axe USA hatchback lineup in favour of SUVs Ford Motor said that will not invest in next generations of traditional sedans for North America due to declining consumer demand and product profitability. Ford made $1.74 billion from January through March, or 43 cents per share, compared with $1.59 billion, or 40 cents per share a year ago. Revenue at Ford increased 7%, to US$41.96bn from US$39.15bn. [Full Article...]

TD Securities Lowers Kinder Morgan Canada (KML) to Hold

TD Securities Lowers Kinder Morgan Canada (KML) to Hold Premier John Horgan said he believes the province has jurisdiction over environmental protection, including protecting the province against a diluted bitumen spill. "The prime minister has signed off on a grant that will go specifically to hire an assistant who will 'work directly with the provincial organizer and the field organizing team to help our network stop the Kinder Morgan pipeline,"' S... [Full Article...]

Cardinals QB Josh Rosen 'motivated beyond words' after being drafted by Arizona

Cardinals QB Josh Rosen 'motivated beyond words' after being drafted by Arizona Overall, Rosen is going to end up being a risk which will pay off for the Arizona Cardinals , despite giving up quite a bit, in terms of picks, for him. "But I think he's growing and learning that way. Sorry to say that", Rosen said. "I'm confident I'll still be standing". I'm going to come in and I'm going to be respectful. [Full Article...]

5 things to know about Jets first-round pick Sam Darnold

5 things to know about Jets first-round pick Sam Darnold The Browns selected former Lake Travis and Oklahoma quarterback Baker Mayfield with the first pick in the 2018 NFL Draft . In advance of the draft, Mayfield was a face in a crowd that included highly regarded and taller quarterbacks like Southern Cal's Sam Darnold , Wyoming's Josh Allen and UCLA's Josh Rosen . [Full Article...]

Global Markets: Earnings lift stocks; euro loses ground after European Central Bank

Global Markets: Earnings lift stocks; euro loses ground after European Central Bank While acknowledging that momentum softened at the start of the year, he reaffirmed his confidence in the durability of the euro-area expansion. The bank also reiterated that its bond purchasing scheme would remain at its current monthly pace of €30bn until at least the end of September 2018, or until the council had seen a sustained change in inflation towards its target of almost two per cent... [Full Article...]

Under 16? Sorry, you're now banned from WhatsApp in Europe

Under 16? Sorry, you're now banned from WhatsApp in Europe Facebook said that it will now require users between the ages of 13 and 15 years to secure the permission of a parent or a guardian to share any information on the network. WhatsApp had more than 1.5 billion users as of January, mentioned in one of its blog post that it would not be asking for any new rights to gather personal information in the agreement. [Full Article...]

Microsoft Tops March-Quarter Views On Cloud Computing Strength

Microsoft Tops March-Quarter Views On Cloud Computing Strength Office commercial products and cloud services revenue was up 14 percent, while Office consumer products and cloud services revenue rose by 12 percent. Despite the earnings beat, shares of the company stock fell 1% in after hours trading on the Nasdaq stock exchange. Microsoft Corp on Thursday topped for quarterly profit as the technology company signed up more businesses to its Azur... [Full Article...]

Oil Prices Dip On Crude, Gasoline Build

Oil Prices Dip On Crude, Gasoline Build Focus within the oil market remains on whether President Trump will decide to reimpose sanctions on Iran in coming weeks. Now, French President Emmanuel Macron has proposed a new deal to offer Trump, but if the US president shuns it, it will be time of more tension and uncertainly, Macron said , as quoted by Bloomberg. [Full Article...]

Arizona special election: Narrow win unsettles Republicans

Arizona special election: Narrow win unsettles Republicans That said, Stern's victory reinforces a trend that has been pervasive since Trump took office in January 2017. What would he like us to cover first? The vote was seen as a test of President Donald Trump's Republican party in a district where he won by a margin of 21 points in 2016 . [Full Article...]

How Have Alphabet Inc. (GOOGL) EPS Outlook Changed?

In an analyst report sent to clients and investors on 23 April, Robert W. Baird reaffirmed their "Buy" rating on shares of GOOGL . Morningstar reiterated a neutral rating on shares of Alphabet in a research note on Friday, January 19th. This repurchase authorization permits the information services provider to reacquire shares of its stock through open market purchases. Investors look at the ov... [Full Article...]

Kanye West proclaims his love for Trump: 'We are both dragon energy'

Kanye West proclaims his love for Trump: 'We are both dragon energy' Kanye supports independent thinkers. Ye being Ye [sic] is a struggle so that you can be you . West's tweets come days after fans lamented a report from Hot 97 radio host Ebro Darden that West recently told him, " I love Donald Trump ", and defended a previous tweet in which the rapper complimented conservative commentator Candace Owens . [Full Article...]

Stocks give up an early gain; 10-year yield hits 3 percent

Industrial and basic materials companies and technology firms are taking some of the worst losses. The Dow initially rose more than 130 points on strong earnings reports from Caterpillar and 3M before swiftly reversing. The Nasdaq composite gave up 15 points, or 0.2 percent, to 6,991. It broke above 3% for the first time since 2014 on Tuesday. The 10-year U.S. Treasury yield, a benchmar... [Full Article...]

In 'Avengers: Infinity War,' Marvel goes nuclear

In 'Avengers: Infinity War,' Marvel goes nuclear We just hope he can sort himself out in time to zip over to the big battle, then easily shrink the Infinity Gauntlet until it's too small for Thanos to wear and permanently save the day. The latter is also led by totally different people. Captain America/Steve Rogers (Chris Evans), Black Widow (Scarlett Johansson), Black Panther ( Chadwick Boseman ) feel a bit short-changed compared to oth... [Full Article...]

Ford Killing All Sedans In North America — Blue Oval Bloodbath

Ford Killing All Sedans In North America — Blue Oval Bloodbath Ford's shares traded up about 2.2% in after-hours trading Wednesday at $11.35 after closing at $11.11, in a 52-week range of $10.14 to $13.48. "Over the next few years, the Ford auto portfolio in North America will transition to two vehicles - the best-selling Mustang and the all-new Focus Active crossover coming out next year". [Full Article...]

Shire board recommends £46bn takeover by Japanese drugmaker Takeda

Shire board recommends £46bn takeover by Japanese drugmaker Takeda A deal would be the largest ever overseas acquisition by a Japanese company and propel Takeda, led by Frenchman Christophe Weber, into the top ranks of global drugmakers. Shire , which has itself grown quickly from its origins above a shop in Basingstoke thanks to a series of takeovers, focuses on drugs for rare diseases and attention deficit hyperactivity disorder. [Full Article...]

Were Analysts Bearish Shoe Zone Plc (LON:SHOE) This Week?

Shareholders of record on Thursday, May 17th will be paid a dividend of GBX 18.90 ($0.26) per share. Among 3 analysts covering Carclo PLC ( LON:CAR ), 2 have Buy rating, 0 Sell and 1 Hold. The stock increased 1.69% or GBX 7 during the last trading session, reaching GBX 422.Patisserie Holdings plc has volume of 134,378 shares. Shares of UTG traded up GBX 0.50 ($0.01) during mid-day trading on... [Full Article...]

US Treasury extends wind-down period for aluminum producer Rusal

US Treasury extends wind-down period for aluminum producer Rusal Treasury has granted relief both to the Aluminum market and Rusal , by announcing a dealy on implementing the sanctions. Russia's biggest aluminum producer and key global supplier RUSAL will be relieved from US sanctions if its owner Oleg Deripaska relinquishes control over the firm, according to the US Treasury. [Full Article...]

Southwest Airlines mechanics very anxious about safety in weeks before Flight 1380

Southwest Airlines mechanics very anxious about safety in weeks before Flight 1380 About 20 minutes into the flight, at about 32,500 feet, a fan blade broke off the engine and shrapnel shattered a window. For photos and b-roll of the Southwest's ongoing ultrasonic inspections of CFM engine fan blades on our Next Generation Fleet, we invite media to visit swamedia.com for stills and video of our ongoing inspection process. [Full Article...]


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