Business

Author: 0 Trump's tax plan could face a budget deficit challenge

He provided no new details then, but said: "It will be bigger, I believe, than any tax cut ever". He has also said he wants to create some sort of "reciprocity" tax that imposes a tariff-like tax on imports from countries that have tariffs against the United States .

Business Oil recovers some lost ground, but market under pressure
Author: 0 Oil recovers some lost ground, but market under pressure

Oil futures fell on Friday, with the USA benchmark ending below $50 a barrel and notching a weekly loss of roughly 7%. Pouyanne said it will take another 18 to 24 months, rather than six months, for demand to outstrip supply. USA crude output may rise by 455,000 barrels a day in the fourth quarter from a year earlier across the Permian, Eagle Ford, Bakken and Niobrara shale plays, assuming the rig count remains at current levels, according to Goldman Sachs.

Business Shares in Intel Co. (INTC) Acquired by Banco Santander S.A.
Author: 0 Shares in Intel Co. (INTC) Acquired by Banco Santander S.A.

It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share. The fund owned 63,476 shares of the chip maker's stock after buying an additional 478 shares during the period. Equities research analysts anticipate that Intel Co. will post $2.80 earnings per share for the current year. Shareholders of record on Sunday, May 7th will be given a $0.2725 dividend.

Business Army takes Patanjali's 'unsafe' Amla juice off its canteens
Author: 0 Army takes Patanjali's 'unsafe' Amla juice off its canteens

They said "further action" will be taken on receipt of reply from the firm. The CSD had sent samples of Amla Juice having index number 85417 and batch number GH1502 to the laboratory in Kolkata. When contacted, the FMCG firm, promoted by yoga guru Ramdev, said the amla juice is a medicinal product and safe for human consumption. The Patanjali Ayurveda said its amla juice is an ayurvedic medicine and test on it should be conducted as per the norms of the AYUSH Ministry.

Author: 0 Trump breaks silence on North Korea, defends reversal on China

On March 14, 2017, semi-annual U.S. Treasury currency report was released, which doesn't indicate any major trading partner as currency manipulator, although it seems to leave open the option for action in future. 6 and 7. He had promised to label the country a currency manipulator on "Day One" of his presidency. The report shows the Trump administration is taking an approach to foreign exchange based on data rather than politics, said Nathan Sheets, a former U.S.

Author: 0 Costa Coffee-owner Whitbread sees tougher times ahead

It comes as its Premier Inn and restaurants business chalked up a 7.4 per cent rise in full-year underlying operating profit to £468m, while the Costa unit saw a 5.3 per cent rise to £158m. "In the longer term we remain confident that, with our significant structural growth opportunities, the power of our brands and the investments we are making, we will continue to deliver strong returns and sustainable long-term growth for our shareholders", she said.

Author: 0 Ontario unveils new measures to cool housing market

Tal said he suspects that over the next few years, builders who were planning to construct rental buildings will opt for condos instead or cancel the developments altogether, a move that would reduce the supply of rental units. Morneau said the federal government will share data on the housing market with Ontario government and city officials to assess any new measures which might be introduced.

Business Jimmy Wales Launches Wikitribune to Fight Fake News
Author: 0 Jimmy Wales Launches Wikitribune to Fight Fake News

Wikitribune shares numerous features already found in Jimmy Wales's online encyclopaedia, including the need for writers to detail the source of each fact and a reliance on the public to edit articles to keep them accurate. Once the campaign concludes, the site will launch, arriving in time to cover the upcoming British snap election on June 8th. While he promised himself he'd withhold judgment on Trump for 100 days, the now-infamous comments by Trump's advisor Kellyanne Conway about the ...

Business Trump orders overhaul of H-1B visas, Indian techies to be hit
Author: 0 Trump orders overhaul of H-1B visas, Indian techies to be hit

Chuck Grassley, would require companies seeking H-1B visas to first make a good-faith effort to hire Americans, a requirement many companies can dodge under the current system; give the Labor Department more power to investigate and sanction H-1B abuses; and give "the best and brightest" foreign students studying in the USA priority in getting H-1B visas.

Author: 0 U.S. rejects Exxon Mobil's bid for waiver on Russian Federation sanctions

Treasury Secretary Steve Mnuchin said the decision was made after consultation with President Donald Trump, according to a statement on Friday. At a ceremony overseen by Russian President Vladimir Putin and Tillerson in 2011, Exxon and Rosneft signed a Strategic Cooperation Agreement - a partnership to jointly develop projects in Russia, the USA and around the world.

Business Coca-Cola To Announce Q1 Results, Expect Refranchising To Drag Down Top Line
Author: 0 Coca-Cola To Announce Q1 Results, Expect Refranchising To Drag Down Top Line

Other analysts have also recently issued reports about the stock. Sanford C. Bernstein set a $48.00 price target on shares of The Coca-Cola and gave the stock a "buy" rating in a research report on Friday, January 6th. On average, equities analysts expect that The Coca-Cola will post $1.88 earnings per share for the current fiscal year. ILLEGAL ACTIVITY WARNING: This piece of content was first published by BBNS and is the sole property of of BBNS.

Author: 0 Final French results show Macron on 24.01%, Le Pen 21.30%

Meanwhile, Le Pen announced she "was no longer president of the National Front" shortly after a party official predicted she could pick up disaffected supporters of failed left-wing candidate Jean-Luc Melechon. She said: "He is a hysterical, radical "Europeanist". He says there is no such thing as French culture. "There is not one domain that he shows one ounce of patriotism".

Business LVMH to consolidate hold on Dior in multibillion-euro deal
Author: 0 LVMH to consolidate hold on Dior in multibillion-euro deal

The deal, valuing Dior at 260 euros (£220) a share, marks one of LVMH's biggest ever acquisitions and sees it add Christian Dior Couture to its stable, joining Dior perfumes, which it has owned since the 1960s. The amount is 15 % higher than Dior's final share price when the stock exchange closed on Monday. The boards of directors of Christian Dior and LVMH were "unanimously favourable" to the plans, LVMH said.

Author: 0 No more last-minute booking for United employees, airline says

He also lost two of his front teeth. Delta airline will allow its employees to offer almost U.S. $10,000 in compensation to customers who agree to give their seat in the event of overbooked flights. United Airlines has changed its crewmember booking policy after the incident that put the airliner in news headlines all week. The policy change comes in the wake of a highly publicized incident on April 9 in which a paying customer who had already boarded was violently dragged off the ...

Business United CEO Oscar Munoz loses chairman role after passenger problem
Author: 0 United CEO Oscar Munoz loses chairman role after passenger problem

An argument between a passenger and flight crew members was recorded and posted to social media . Dao suffered a concussion and broken nose and lost two teeth. The Star Alliance carrier has come under a storm of criticism for the 9 April incident, in which passenger David Dao was dragged off a United Express flight by Chicago aviation police.

Business Baldwin pulls double duty on 'SNL,' mocking Trump and O'Reilly
Author: 0 Baldwin pulls double duty on 'SNL,' mocking Trump and O'Reilly

Lisa Bloom , a civil rights attorney who is representing Walsh, said she and her client chose to call the anonymous hotline because no one had done so. While " Access Hollywood " airs on NBC, Fox News was by far the most vocal network in attempting to downplay the seriousness of Trump's recorded transgressions.

Author: 0 American Airlines attendant 'nearly hit baby' as he snatched pushchair

An argument between a passenger and flight crew members was recorded and posted to social media . He can be heard saying "You do that to me and I'll knock you flat.". In a statement , it said: "What we see on this video does not reflect our values or how we care for our customers". The woman and her family took a different flight to Dallas, and American Airlines upgraded them to first class.

Author: 0 BC election: Key developments from Day 14

The windfall came from the party's USA headquarters and various locals representing mostly forest industry employees in B.C. That's despite the discovery the United Steelworkers Union is paying the salaries of three NDP staffers. NDP Leader John Horgan on Monday took Christy Clark to task for accepting massive political donations from forest companies that have been laying off BC workers in record numbers.

Business Obama Returns to Spotlight for Chicago Civics Forum
Author: 0 Obama Returns to Spotlight for Chicago Civics Forum

In opening remarks during a conversation with six young people in front of an audience at the University of Chicago, Obama spoke fondly of starting his political career on the city's South Side, where his presidential library will eventually be built.

Author: 0 Former South Korea president indicted

Prosecutors from the Seoul Central District Prosecutors' officer [official website] also indicted Shin Dong-bin [Forbes profile], chairman of the Lotte Group [official website], on similar bribery charges but did not move to have Dong-bin detained.

Business Trump tells United Nations to prepare new North Korea sanctions
Author: 0 Trump tells United Nations to prepare new North Korea sanctions

The United States and its allies have been on alert for another atomic test by the North. The meeting comes after North Korea's threat to sink a US Navy strike group led by the aircraft carrier Carl Vinson and the detention over the weekend of an American professor from a Chinese university who was working on a relief project in North Korea.

Author: 0 Canada unveils plans to legalise recreational marijuana

Canadian lawmakers announced their intentions in March, saying their aim was to roll out the measure nationwide by July 1, 2018. Canadians aged 18 and older would be able to possess 30 grams of the drug and grow up to four plants at home.

Business Pandemonium on UA flight after forcibly removing a passenger
Author: 0 Pandemonium on UA flight after forcibly removing a passenger

Likewise, Chicago's aviation department has said only that one of its employees who removed Mr Dao did not follow proper procedures and has been placed on leave. Three of these passengers willingly left the plane, but the fourth, Dao, refused after claiming he had early meetings with his patients the next day.

Business May's Conservatives at 50 percent in poll, highest since 1991
Author: 0 May's Conservatives at 50 percent in poll, highest since 1991

Quite simply this - with Jeremy Corbyn in charge, the Labour Party has returned to the values of the people who created it to look after the rights of the majority of us. She has issued similar, seemingly ironclad assurances ever since. European Parliament President Antonio Tajani said as much when he visited May in London on Thursday, adding that a new government before talks start later in June is "good not only for the United Kingdom but for us".

Business UK's Post-Brexit Economy Performing Much Better Than Expected, Say IMF Forecasts
Author: 0 UK's Post-Brexit Economy Performing Much Better Than Expected, Say IMF Forecasts

On Monday, Beijing said its economy grew at a 6.9 percent annual pace from January to March, the fastest in more than a year. The outlook also explained how Nigeria will return to growth after an economic decline of 1.5 percent in 2016. Among the G7, the USA has the highest projected growth, with increases of 2.3 per cent this year and 2.5 per cent in 2018, unchanged from the IMF's outlook in January.

Business Oil Stocks Collapsing Under the Crude Selloff
Author: 0 Oil Stocks Collapsing Under the Crude Selloff

Gasoline stockpiles climbed 1.54 million bbl last week, surprising analysts surveyed by Bloomberg who projected the Energy Information Administration data would show a 2-million-bbl decrease. Oil prices fell in thin trade on Tuesday after the Easter holiday break shut many markets for as long as four days and as a USA government report indicated rising production.

Author: 0 Oppose candidates who back Brexit at any cost, Blair urges

Speaking at an election campaign event in Dudley in the West Midlands, the PM said voters faced a choice on June 8 between "lower taxes under the Conservatives or higher taxes under Labour". The government has been ratcheting up the pressure on Britain's so-called Big Six utilities for months, trying to encourage them to take voluntary measures to rein in gas and power prices.

Business Netflix nears 100 million subscribers worldwide
Author: 0 Netflix nears 100 million subscribers worldwide

Global additions rose by 3.53 million, down from 5.12 million in the fourth quarter of last year and down from 4.51 million in the year-ago quarter. Not only do services like Amazon and Hulu also offer award-winning programming , but over-the-top (OTT) services like CBS All Access, Sling TV and DirecTV offer streaming entertainment options as well.

Author: 0 Doctor dragged from United flight plans to file lawsuit: lawyer

Earlier in the week Munoz said United would not fire anyone over the debacle, an episode that sparked worldwide condemnation of the airline. Dao's forceful removal by three aviation officers, who yanked him from his seat and dragged him bloodied through the aisle, was captured on now-viral video by fellow passengers.

Business Bucks throttle Toronto, grab 2-1 series lead
Author: 0 Bucks throttle Toronto, grab 2-1 series lead

The Toronto Raptors leveled their first-round 2017 NBA Playoffs series with the Milwaukee Bucks at two games apiece by scoring an 87-76 road victory Saturday afternoon at the BMO Harris Bradley Center in Milwaukee , Wisconsin. "We'll make changes", Casey said. Bucks: Antetokounmpo got off to a choppy start after missing five of his first six shots. The Bucks were called for 21 fouls - numerous whistles drawing the ire of the loud, proud and often-angry sellout crowd - and the Raptors hit ...

Author: 0 Ontario mulls non-resident speculation tax

Meanwhile, the cost of a detached home in Toronto roared to a new record high of nearly $1.6 million in March, a 33 per cent climb over prices previous year, according to the Toronto Real Estate Board (TREB). Sousa claimed the Liberal scheme to borrow even more money from Ontario taxpayers to subsidize the electricity bills of hydro ratepayers - even though they're the same people - is "fairer because it doesn't ask today's generation alone to pay the entire freight".

Business Stocks, euro surge as France's Macron favored for presidential win
Author: 0 Stocks, euro surge as France's Macron favored for presidential win

Worse still, a Macron presidency threatens to exacerbate the resentments and the cultural unease that have pushed so many in France into Le Pen's arms. The move appears to be meant to attract a wider range of voters at the runoff elections who may not necessarily identify with the FN but may feel attracted to some of Le Pen's populist rhetoric.

Business Melania and Barron will move to White House this summer
Author: 0 Melania and Barron will move to White House this summer

The bill requires the publication of visitor logs to the White House or any other location where President Trump regularly conducts official business, including various Trump Organization properties frequented by the president. Michael Catanzaro, who serves as the top White House energy adviser, worked as a lobbyist for major oil and gas companies such as Devon Energy of Oklahoma, up until late previous year.

Author: 0 Le Pen's run-off campaign targets far left and right

Sunday night's results capped a tense day at the polls. "That proves that France in a way, this evening, is less of a monarchy and more a democracy". Le Pen has run a tough, anti-immigrant campaign and has vowed to take France out of the European Union.

Business Lawyer representing woman confronted on flight
Author: 0 Lawyer representing woman confronted on flight

On April 21, a young mother was reduced to tears during an argument with flight attendants on American Airlines Flight 591 from San Francisco to Dallas/Fort Worth. For American Airlines' sake, we hope this controversy fizzles out sooner than later! A pilot appears to attempt to calm down the flight attendant.

Business Lawyer Of Doctor Dragged From Flight Speaks Out
Author: 0 Lawyer Of Doctor Dragged From Flight Speaks Out

American Airlines said in a statement it was investigating the incident, which took place before the plane took off on a flight from San Francisco to Dallas. The American team member has been removed from duty while we immediately investigate this incident. The airline says the woman's doublewide stroller was tagged to be checked as cargo at the door to the plane, but instead she took it into the cabin, leading to the confrontation with the flight attendant.

Author: 0 The Duke and Duchess of Cambridge present the Official Chart

Prince William, Duches of Cambridge and wife Kate Middleton, and Prince Harry had a conversation about mental health, which was captured for a promotional video . Whichever unbelievable cause you're running for, let's make this the #MentalHealth Marathon! Middleton speaks about motherhood after giving birth to her child George, saying that no matter how many books you read , nothing can really prepare you for it.

Author: 0 The 4 Most Important Things Facebook Just Announced

It places gamers in a virtual reality as an avatar, in a world inhabited by your other friends who are also avatars. Zuckerberg instead devoted the bulk of his Californian keynote yesterday (18 April) to augmented reality (AR), which he described as Facebook's second act.

Author: 0 Canada hits back in dairy dispute with the US

Trump also reiterated his threat to eliminate the North American Free Trade Agreement (NAFTA ) with Canada and Mexico if it can not be changed. Trump's decision to call out Canada by name Tuesday put dairy farmers north of the border on notice they were in America's fair-trade sights.

Business Britain's Farage: Don't underestimate Le Pen in French race
Author: 0 Britain's Farage: Don't underestimate Le Pen in French race

France's divided political mainstream, rejected by an angry electorate, united Monday to urge voters to back Macron and reject Le Pen's far-right agenda. In Paris, leftwing protesters clashed with riot police after the success of Marine Le Pen was announced . "The voters who voted for Mr. Melenchon are angry voters".

Business Honeywell beats profit estimates; raises earnings forecast
Author: 0 Honeywell beats profit estimates; raises earnings forecast

Bemis Company, Inc. (NYSE:BMS) has declined 4.15% since September 14, 2016 and is downtrending. Honeywell's sales remained flat at $9.49 billion for the first quarter exceeding the Street predictions of $9.32 billion. Honeywell International Inc . (NYSE: HON ) performance over the past one year soared 12.99% whereas its year to date (YTD) performance indicated a bullish trend of 10.28%.

Author: 0 Welcome to biggest week of Trump's presidency

The survey found that only 50% give Trump high marks for being firm and decisive, down from 57% in a February poll. "President Trump's first 100 days have been a disastrous parade of broken promises to working people, handouts to wealthy special interests, and deep damage to the health and economic security of America's families", House Minority Leader Nancy Pelosi said in a statement.

Business Witness captures tense moment between flight attendant and mother with a baby
Author: 0 Witness captures tense moment between flight attendant and mother with a baby

American Airlines issued an official apology regarding the incident on Saturday evening. A man in the middle of a confrontation aboard an American Airlines flight is an El Paso native, according to the El Paso Times. On the video, the crying woman can be heard asking for her stroller. Surain Adyanthaya , the passenger who recorded and uploaded the clip, stated that the American Airlines flight attendant "violently took a stroller from a lady with her baby on my flight, hitting her and ...

Author: 0 International Monetary Fund raises global growth forecast, warns against protectionism

Economic activity is forecast to accelerate slightly this year in four of the ASEAN-5 economies: Indonesia, Malaysia, Philippines, and Vietnam. This is below the Department of Finance's revised estimate of 4.3 per cent growth for 2017. The organisation attributes both this year's and 2018's marginal growth improvement to the rebound seen in commodity prices, the expansion of the country's electricity capacity as well as the effects of the drought dissipating.

Business GM Ignition Switches Appeal Smacked Down By SCOTUS
Author: 0 GM Ignition Switches Appeal Smacked Down By SCOTUS

The Supreme Court decision not to hear the appeal exposes GM to additional liability from the pre-bankruptcy cases, said University of Richmond law professor Carl Tobias. The justices declined to review a 2016 ruling by the New York-based 2nd US Circuit Court of Appeals that rejected General Motors' bid to block customer lawsuits related to crashes and diminished vehicle value because the plaintiffs had not been properly notified of the defect prior to the bankruptcy filing.

Author: 0 Stock markets rally with pro-business candidate ahead in French election

Surveys pointing to a clear Macron victory soothed investors who have been unnerved by Le Pen's pledges to ditch the euro, print money and possibly quit the EU. "That was disdainful towards the French people", Philippot said. Emmanuel Macron told his supporters: "In one year, we have changed the face of French politics".

Business Outage sent San Franciscans outside to play
Author: 0 Outage sent San Franciscans outside to play

A circuit breaker failure caused the fire that left almost 90,000 customers in San Francisco without electricity. PG&E said a series of outages began at 9 a.m. The first outage occurred at around 7:20 a.m.in NY, when the power went down at the 7th Avenue and 53rd Street subway station, which sent a shockwave of significant delays out from the hub and into the rest of the subway system.