Business

Author: 0 Should Toronto borrow from Vancouver's real estate playbook?

Do you trust the Ontario government can avoid unintended consequences in its housing intervention? The non-resident speculation tax will be imposed on buyers in the Greater Golden Horseshoe area - from the Niagara region to Peterborough - who are not citizens, permanent residents or Canadian corporations.

Business Regional parties enough to take on BJP: Mamata Banerjee
Author: 0 Regional parties enough to take on BJP: Mamata Banerjee

Mamata, known for her aggressive stance against the Narendra Modi-led NDA government at the Centre, ruled out BJP as a threat to regional parties. The duo had a brief meeting where Patnaik termed it a "courtesy call". Partha Chatterjee, Bengal's parliamentary affairs minister, said: "We are hopeful that we will strengthen the federal front by speaking with all regional parties".

Business Trump Orders Reviews of Dodd-Frank Liquidation Authority, SIFI Designation
Author: 0 Trump Orders Reviews of Dodd-Frank Liquidation Authority, SIFI Designation

Adding to the confusion, the White House has identified specific regulations that it says are impeding lending but not moved to undo them. White House National Economic Council Director Gary Cohn suggested on Thursday that numerous details were still in flux during comments he made to the Institute of International Finance.

Business North Korean state media warns of 'super-mighty pre-emptive strike'
Author: 0 North Korean state media warns of 'super-mighty pre-emptive strike'

However, the range of China's action remains limited by its priorities on North Korea: "No war, no instability, no nukes", in declining order of importance, said Haenle. US President Donald Trump at a joint press conference with Italian Prime Minister Paolo Gentiloni. 'Some very unusual moves have been made over the last two or three hours, ' the president stated, without offering any indication of what he might have meant.

Author: 0 Pence to North Korea: The Sword Stands Ready

This photo taken on April 17, 2017, shows South Korean Acting President Hwang Kyo-ahn (R) and U.S. Vice President Mike Pence (L) reading a joint statement after their talks. He also said the USA will honor its alliance with Pacific Rim nations to protect freedom of navigation in the disputed South China Sea - most of which Beijing lays claim to, despite conflicting claims from other Asian nations.

Business Mnuchin urges IMF to enhance FX surveillance
Author: 0 Mnuchin urges IMF to enhance FX surveillance

Germany, holder of this year's G20 presidency, "commits to keep the global economy open, resist protectionism and keep global economic and financial cooperation on track", finance minister Wolfgang Schaeuble said in his statement to the IMFC.

Author: 0 Deutsche Bank: Your Guide To The French Elections

The Hong Kong-based economist who was one of the very few to publicly predict Donald Trump's election victory is betting on Marine Le Pen winning in France. "After Sunday, we will have more information to make a considered risk-return wager to trade and hedge, but high-quality European companies and German bonds look like an attractive bet", Tinker said.

Author: 0 Oil prices fall on expected climb in US production

Oil edged higher on April 19 as OPEC said it was committed to eroding a global surplus of crude , but increasing shale production in the USA and still-high global stocks threatened to pull prices lower . The EIA inventories data recorded a draw in inventories of 1.0 million barrels for the latest week which was slightly lower than consensus forecasts of a 1.2 million decline.

Business Canada advances effort to legalize recreational marijuana
Author: 0 Canada advances effort to legalize recreational marijuana

It noted that in the handful of U.S. states where recreational marijuana use is legal, the minimum age was set at 21, in line with alcohol consumption. The move to legalize recreational use of marijuana is supported by a strong majority of Canadians, but is not without controversy and is sure to provoke a fierce debate in parliament over the coming months.

Business Most Canadians support foreign-buyer tax
Author: 0 Most Canadians support foreign-buyer tax

Prices in the red-hot market of Greater Toronto , by comparison, rose 3.6 per cent, from around $861,700 to around $893,000. Wynne said it's hoped the 16 measures - most of which will be contained in legislation that must first pass before they proceed - will curb housing costs that are rising "way faster than people's paycheques".

Business Trump budget chief: Spending bill must have money for border wall
Author: 0 Trump budget chief: Spending bill must have money for border wall

He said that's because, at the very least, the White House believes congress will pass a short term spending bill to keep federal departments and agencies open. Mulvaney explained that they expected the Democrats to come back with a counter-offer, but if they don't, that it would be a bad sign for what they can expect in bipartisanship going forward.

Author: 0 Al Horford, Isaiah Thomas lead Celtics to Game 3 win over Bulls

The pregame speech came from an unexpected source, but the motivational message that reverberated throughout the Boston Celtics' locker room could not have come at a more pivotal time . Rondo is now sporting a cast on that fractured right thumb, and coach Fred Hoiberg said the point guard will be re-evaluated in 7-10 days. "We knew we were coming here to win both games", Bradley said after the game.

Author: 0 Bullish Oil bets gain amid OPEC output cut

Brent crude futures LCOc1 traded at $54.92 per barrel, while the US West Texas Intermediate (WTI) crude futures CLc1 also remained nearly unchanged from the last close at $52.43 a barrel, reported Reuters . It also said the Asia group, includeing India, was anticipated to lead oil demand growth this year followed by China and the Organisation for Economic Co-operation and Development (OECD) Americas.

Author: 0 PM Modi, PM Turnbull's day out: Metro ride, Akshardham tour

The prime minister and his Indian counterpart Narendra Modi signed new agreements for co-operating on combating terrorism and transnational crime, and civil aviation security at their formal meeting in New Delhi on Monday. PM Turnbull also announced that his country has made a decision to join the International Solar Alliance put together at PM Modi's initiative. "Our ties are strong and will be stronger because of this visit", Turnbull told the media after his ceremonial welcome at the ...

Author: 0 United CEO Oscar Munoz: No one has been fired over passenger incident

United Airlines' reputation is circling the drain after the forcible removal of a passenger from one of its flights went viral and made global headlines last week. Meanwhile, a petition on Change.org calling for Munoz's resignation continues to grow. And some United States politicians have called for a total ban on overselling flights.

Business United Airlines Cops Yank, Bloody Passenger Off Overbooked Flight
Author: 0 United Airlines Cops Yank, Bloody Passenger Off Overbooked Flight

The department said it is continuing its investigation. The head of United's parent company has scrambled to contain the damage to the carrier's reputation. During his interview on Wednesday, Munoz expressed regret for his earlier comments, saying he did not blame the passenger and that his initial words "fell short" of what he felt.

Author: 0 Blake Lively Gave A Heartbreaking Speech About Child Pornography

If you're unfamiliar, the #AskHerMore movement wants to encourage red carpet interviewers to focus less on what women are wearing and more on what they've achieved. No, because it's hard work and I've got my babies, and I don't want to be away from them that much. "I've looked up to so many women in my career, from Meryl Streep, who is always at the top of her game, to Hillary Clinton, who was nearly our first female president ...

Author: 0 Trump Admin Working With Allies To Pressure North Korea

Pence was speaking to hundreds of USA and Japanese sailors from the deck of the USS Ronald Reagan aircraft carrier in the Yokosuka naval base in Tokyo Bay, Japan. will not relent until it achieves its objective of ensuring the Korean Peninsula is free of nuclear weapons. Pence is on a 10-day Asia trip that will see him also visit Indonesia and Australia.

Author: 0 Majority says Ivanka, Kushner's White House roles inappropriate

Sales hit record levels in 2017. The boost in the first daughter's appeal has been such that her Chinese lawyers are now filing several trademark applications in her name in a bid to stop hundreds of copycat Chinese companies cashing-in on her brand.

Business Visa shares up 2% after company beats earnings forecast
Author: 0 Visa shares up 2% after company beats earnings forecast

Processed volumes, when adjusted for Visa Europe, had normalized growth of 12 percent. Visa Inc is also going to pay a dividend to investors that hold its Class A stock. One thing to consider in all of these results is the inclusion of VISA Europe in the results. Total revenues at the company were $4.48 billion in the quarter, up from $3.63 billion a year earlier.

Business Does $119.45 justifies United Rentals, Inc. (URI) shares?
Author: 0 Does $119.45 justifies United Rentals, Inc. (URI) shares?

During the same period in the prior year, the company posted $1.40 earnings per share. Iowa-based At National Bank & Trust has invested 0.74% in United Rentals, Inc. During the same quarter in the previous year, the business posted $1.40 EPS. United Rentals Inc . had 40 analyst reports since July 21, 2015 according to SRatingsIntel.

Author: 0 Theresa May criticised over snap general elections

May became prime minister after the country voted in a June referendum to leave the bloc, prompting her predecessor, David Cameron, to resign. UK Parliament approves Prime Minister's early election callThe British Parliament approved a snap general election on Wednesday, even though general elections weren't due for another three years.

Author: 0 Bill O'Reilly Sexual Harassment Charges: Fox Will Investigate

Paul Weiss is the same law firm hired by 21st Century Fox to look into sexual harassment claims against former Fox News Chairman and CEO Roger Ailes following a lawsuit filed by former host Gretchen Carlson. O'Reilly said in a statement then that he had been unfairly targeted because of his prominence and has not made further comment. "OK, but when she said no, what was her vibe?" he asked, later adding, "Yeah, like when she said no, did her eyes say yes?" Like when she said "no, ' did ...

Business Obama to hold first public event of his post-presidency
Author: 0 Obama to hold first public event of his post-presidency

Aides said Obama's public appearance next week is not meant to boost his activism as a leader of the Democratic resistance to President Trump , who angered Obama supporters when he accused his predecessor of ordering a wiretap on Trump Tower during last year's election campaign.

Author: 0 Kate Spade Shares Slide After Earnings Miss

Mizuho increased their price objective on shares of Kate Spade & Co from $21.00 to $25.00 and gave the company a buy rating in a report on Friday, February 17th. During the same quarter past year, the business posted $0.05 earnings per share. The firm's revenue for the quarter was down 1.1% compared to the same quarter previous year.

Business Budget Chief Offers Compromise To Fund Border Wall
Author: 0 Budget Chief Offers Compromise To Fund Border Wall

Democratic negotiators are likely to resist providing the down payment that Mulvaney says Trump wants for construction of the wall, but the former GOP congressman from SC adds that "elections have consequences". While Democrats privately signal they're ready to give in on some more funds for the military in exchange for funds necessary to keep Obamacare functioning, they warn that the wall is a non-starter.

Author: 0 V.P. Mike Pence says U.S. will honor refugee deal with Australia

Pence made the remarks here at a joint press conference with Australian Prime Minister Malcolm Turnbull that the agreement would be honoured, subject to vetting, even if the USA did not agree with it, Efe news reported. Trump's anger over the agreement led to a tense phone call with Turnbull in January and an angry tweet in which the president called the deal "dumb".

Author: 0 Capitals even series with Maple Leafs

Through the first two games of the series, which both also went to overtime, the Capitals weren't getting much production from their star core. "It's really exciting for them and I'm happy to be part of it". The Maple Leafs scored the final two goals of the second period to send the game to the third period tied at 3. "A real unfortunate situation for Roman", Maple Leafs coach Mike Babcock said.

Business Oil falls to two-week low as gasoline supply rises, dollar gains
Author: 0 Oil falls to two-week low as gasoline supply rises, dollar gains

At 532.3 million barrels, crude oil inventories, the EIA said, were near the upper limit of what is typical for the season, despite refineries returning to higher runs after maintenance season. The WTI crude oil price and the product spot prices were not available due to the market closure on Friday. On Thursday, before the break closed most major markets, they settled up 3 cents at $55.89 a barrel.

Business BHP Billiton PLC reiterated as Equal Weight By Barclays Capital
Author: 0 BHP Billiton PLC reiterated as Equal Weight By Barclays Capital

The recommendation is based on a 1 to 5 scale where 1 or 2 indicates a Buy recommendation, 3 a Hold and 4-5 a Sell. TRADEMARK VIOLATION WARNING: "Jefferies Group Analysts Lift Earnings Estimates for BHP Billiton Limited (BHP)" was reported by Markets Daily and is owned by of Markets Daily.

Business United Kingdom lawmakers overwhelmingly back June election
Author: 0 United Kingdom lawmakers overwhelmingly back June election

Labour leader Jeremy Corbyn said: "We welcome the general election but this is a Prime Minister who promised there wouldn't be one, a Prime Minister who can not be trusted". If her Conservative Party wins a majority, as surveys expect it to, May would not be required to call another general election until 2022. "Let's be clear - the 0.7 percent remains, and will remain,"she said".

Author: 0 Oil Prices Little Changed Ahead of Inventory Projections

In the meantime, market analysts anticipated a slighter drop of 700,000 barrels during the reported period. Opec cut oil output in March by more than pledged under a supply reduction deal and said oil inventories had fallen in February, suggesting that its effort to clear a supply glut that has weighed on world oil prices is succeeding.

Business Attack overshadows last campaign day in French election first round
Author: 0 Attack overshadows last campaign day in French election first round

On the other hand, neither Mr. Macron nor Ms. Le Pen is the candidate of France's hitherto strongest, traditional parties, the Socialists and the re-named Republicans. The people of France will not take much more of this. If Le Pen's harsh tones and bluster echo President Trump's rhetoric, Emmanuel Macron's run bears a striking similarity to Barack Obama's meteoric rise in 2008 as a young and energetic fresh face in politics.

Author: 0 Nope, we don't want sports — Netflix

Will end March with 98.7 million customers in roughly 190 countries . Netflix also provided guidance for the second quarter. "But Netflix clearly had a vision before those devices became so ubiquitous", the analyst said . 'The model works from a consumer perspective because it is such a good value, ' Pachter said. Netflix said Dave Chappelle: Collection 1 , comprising two original stand-up performances from the comedian was its most-viewed comedy special ever.

Author: 0 Apple obtains permit to test self-driving cars

It was widely speculated that the company has secret team working on "Project Titan" and its focus is developing an Apple Car. Apple is the latest tech company or carmaker to obtain the permit. Because the company hasn't built the electric vehicle it originally wanted to, the tech will be tested in existing cars. "So until we see something more concrete, its biggest concern may be how much competition there is in the space and how quickly that competition seems to be advancing their ...

Business A week-by-week breakdown of Giants' 2017 schedule
Author: 0 A week-by-week breakdown of Giants' 2017 schedule

A rematch of last year's AFC title game, this year's edition will take place with the "Terrible Towels" waiving at full force and very well could be for the conference's No. The preseason ends at home against the Giants on a Thursday night, August 31 (7:30 p.m.), giving the Patriots a full week to prepare for the opener against the Chiefs .

Business US scientists to protest Trump policies at Earth Day rally in Washington
Author: 0 US scientists to protest Trump policies at Earth Day rally in Washington

More than 40,000 people have signed up online to volunteer with the project and thousands more will attend the event . The March for Science will take place at the Mall. And quite often once we start with decision making, that information is just lost. Among those participating are scientists and researchers from Harvard University, MIT, Clark University, UMass-Lowell and Massachusetts General Hospital.

Author: 0 Trump says he plans tax reform announcement on Wednesday

He has said he wants a big tax cut for the middle class, though many politicians define "middle class" differently. He said the basic Form 1040 used to file taxes had grown from 34 lines and two pages of instructions to 79 lines and 211 pages of instructions.

Author: 0 BP's leaking Alaska well stops spraying crude oil, still emitting gas

The BP leak comes as the remote North Slope, once home to the biggest USA oilfields, enjoys a resurgence as companies work to improve production from aging wells and extend their reach to new supplies; North Slope production rose to 565K bbl/day in March, its highest level since December 2013.

Author: 0 Trump takes first step toward H-1B reform

H-1B visa curbs could also have an adverse macro impact for the Indian external sector economy, Assoham warned. President Trump has set the wheels in motion for H-1B visa reform. But Trump returned to Tuesday to the economic tough talk of his campaign, saying: "We're going to make some very big changes or we are going to get rid of NAFTA for once and for all", referring to the Clinton-era USA trade pact with Canada and Mexico.

Author: 0 Lawyer: Fox Launching Investigation Into Harassment Claim Against Bill O'Reilly

The investigation comes after Bloom and her client, Wendy Walsh , called Fox's workplace misconduct hotline, and placed an official complaint against O'Reilly on Wednesday. But O'Reilly isn't the first member of Fox who received Trump's support. On April 1, the New York Times reported noted Trump backer Bill O'Reilly has paid over $13 million to settle various sexual harassment suits.

Author: 0 OPEC: Nigeria's oil output still at 1.55m barrels

The Energy Information Administration's report also sent oil prices lower on Wednesday, breaking a six-day winning streak spurred by expectations major oil producers will agree to extend their output cuts into the second half of the year. The increase is said to reflect growing demand from Asia, which is anticipated to lead oil demand growth. "Oil production in our country grew at a steady pace a year ago".

Author: 0 World oil prices edge down over expected climb in USA output

The U.S. Energy Information Administration early Wednesday reported that crude supplies fell by a more-than-expected 1 million barrels for the week ended April 14. Energy services firm Baker Hughes said on Thursday that drillers added 11 oil rigs in the week to April 13, bringing the total count up to 683. "A build to gasoline inventories is tilted a little bearish, although a build of 2.5 million barrels on the Gulf Coast was in response to higher refining activity", said Matt Smith, ...

Business What Are Snap Elections? What to Know Ahead of June 8
Author: 0 What Are Snap Elections? What to Know Ahead of June 8

Would it be that surprising if they voted for Labour given that Labour is supporting a soft Brexit, that Labour wants to salvage Europe's protections for the rights of workers, that Labour proposes a minimum wage of £10 an hour? Britain joins a list of western European countries scheduled to hold elections this year.

Author: 0 Volvo announces plans to export China-made electric car

The decision to make its first electric vehicle in China highlights the significant role China will play in Volvo's electrified future and underlines China's growing sophistication as a manufacturing centre for the automotive industry. Ford announced plans earlier to manufacture a hybrid sedan, the Mondeo Energi, with a state-owned Chinese partner, Chang'an Automobile Co . The first all-electric Volvo, due to hit showrooms in 2019, will be manufactured in China .

Business May wins House of Commons backing for snap general election
Author: 0 May wins House of Commons backing for snap general election

This vote was passed on April 19, with 522 Members of Parliament (MPs) voting for, and 13 MPs voting against, the motion. The early election is the latest twist a turbulent year in British politics, which was plunged into turmoil when the country unexpectedly voted to leave the European Union last year.