Business

Business Trump plan would cut taxes for companies - and people, too
Author: 0 Trump plan would cut taxes for companies - and people, too

What does the plan mean for you? "There's a lot of really good things in here that could stimulate and would stimulate growth and we're not going to have higher wages and broader employment until we have the certainty of our tax code, corporately and individually".

Author: 0 Oil edges higher as OPEC boost offsets dent from USA supply

West Texas Intermediate (WTI) crude futures were down two cents at $52.39 U.S. a barrel. Commercial crude inventories declined by 1 million barrels last week, after falling 2.2 million barrels the previous week, the Energy Department reported Wednesday.

Author: 0 Home Capital Group Inc (HCG) PT Lowered to C$10.00

Home Capital Group Inc. has seen a further dwindling in on-demand deposits, giving the company less of a financial buffer and raising more concerns about how long Thursday's multibillion cash infusion will last the company. The Office of the Superintendent of Financial Institutions (OSFI) told Canada's BNN it does not comment on specific institutions it supervises, but that it maintains ongoing relationships with those institutions and is monitoring the Home Capital situation "closely".

Author: 0 Tillerson: China threatened to sanction North Korea over another nuclear test

In the Reuters interview , Trump also said he would renegotiate or terminate the five-year-old free trade agreement between South Korea and the US. South Korea and the United States agreed on Thursday on "swift punitive measures" against North Korea in the event of further provocation. North Korea conducted its fifth nuclear test last fall, and observers have said a sixth test could be near.

Author: 0 The Liberum Capital Reiterates "Buy" Rating for Electrocomponents plc (ECM)

The firm has "Neutral" rating by Nomura given on Monday, August 10. Macquarie Research maintained the stock with "Outperform" rating in Wednesday, November 23 report. The rating was downgraded by Telsey Advisory Group to "Market Perform" on Tuesday, January 3. FinnCap has "Buy" rating and GBX 201 target. The rating was maintained by Goodbody with "Buy" on Wednesday, December 2.

Business UK economy grows by only 0.3%
Author: 0 UK economy grows by only 0.3%

The annual rate of inflation now stands at a three-year high of 2.3% - with wage rises standing at 2.2% - the disparity highlighting the growing erosion of household spending power . Britain's economic growth slowed dramatically at the start of the year as millions of households tightened their belts amid fears of a living standards squeeze, figures revealed today.

Business British PM May says June election result
Author: 0 British PM May says June election result "not certain" despite front-runner status

Its leader Jeremy Corbyn said the election "gives the British people the chance to vote for a Labour government that will put the interests of the majority first". Corbyn accused the government of "broken promises" on health, education and the economy during its seven years in office. In order to bring the election forward to June 2017, a two-thirds vote of the House of Commons is required to assent to the new timetable.

Business European Union summit to mull post-Brexit membership for a 'united Ireland'
Author: 0 European Union summit to mull post-Brexit membership for a 'united Ireland'

Mrs May said the only people who could be Prime Minister after the election were herself or Mr Corbyn, adding: "Only two people who can possibly represent Britain in Europe". This phased approach "is not only a matter of tactics, but - given the limited time frame we have to conclude the talks - it is the only possible approach".

Business Kotak Mahindra Bank To Buy Old Mutual's Stake In Insurance Joint Venture
Author: 0 Kotak Mahindra Bank To Buy Old Mutual's Stake In Insurance Joint Venture

The transaction is subject to regulatory approvals and is likely to complete in the second half of 2017. Alpesh Mehta, banking analyst at Motilal Oswal Securities, said, "We are impressed by strong core operating profit growth of over 30%, loan growth of 15%, the 10-basis-point improvement in net interest margin and impeccable asset quality".

Business London mayor refuses to bankroll Garden Bridge project
Author: 0 London mayor refuses to bankroll Garden Bridge project

LBC's Theo Usherwood reports: "Today's decision brings to an end the long-running saga of the Garden Bridge, which started under Boris Johnson". Mr Khan criticised his predecessor, Boris Johnson, who had backed the project. Part of the various planning permissions for the bridge include that its future operational and maintenance costs be guaranteed from mayoral funds, if the trust is unable to meet them through its commercial and fundraising activities.

Business Dak Prescott sends inspiring message to NFL Draft prospects
Author: 0 Dak Prescott sends inspiring message to NFL Draft prospects

They got one, but it wasn't the guy they dreamed of grabbing over the last few weeks. "He looks like a defensive player and defensive end in the National Football League". As of now, the current roster makeup is reminiscent of the 1991 Cowboys, who were awash in young talent but missing that one piece that would push them past San Francisco in the league pecking order: An edge rusher.

Business Key Areas to Watch When Intel Corp. Reports Q1 Earnings
Author: 0 Key Areas to Watch When Intel Corp. Reports Q1 Earnings

Six research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twenty-six have assigned a buy rating to the company. COPYRIGHT VIOLATION WARNING: " Intel Co". If you are accessing this story on another domain, it was illegally stolen and republished in violation of global trademark & copyright legislation.

Business People are revolting against the elite, says France's Marine Le Pen
Author: 0 People are revolting against the elite, says France's Marine Le Pen

The contrasting images - on-the-spot action vs. a more formulaic approach - spoke to Le Pen's political smarts. French judges have asked European lawmakers to remove immunity of the National Front candidate, who is a member of the EU legislature, to allow further investigation into allegations she abuse of funds to pay for party assistants.

Author: 0 Argentina leader calls for keeping up pressure on Venezuela

The Venezuelan dictatorship's decision came in response to the OAS' vote this week on whether to convene despite Venezuela's condemnation of any meeting, which in this case would involve discussing the current state of Venezuela. "The Venezuelan government's harsh reaction to protestors and growing authoritarianism have elicited the greatest worldwide condemnation since the 2002 coup against Hugo Chávez".

Author: 0 United States stocks rally as investors welcome French presidential vote

The Dow Jones industrial average rose 230 points, or 1.1 percent, to 20,778, and the Nasdaq composite surged 72 points, or 1.2 percent, to 5,983. He pointed to the Dutch elections last month, where a candidate who ran on the pledge to pull the Netherlands from the European Union, lost.

Business Doctors warn that Buhari should take things slowly - presidency
Author: 0 Doctors warn that Buhari should take things slowly - presidency

Minister for Information and Culture, Lai Mohammed sent Nigerians on social media into a frenzy yesterday when he announced that President Muhammadu Buhari who had been noticeably off the grid for a while would now be working from home. "I have not had to chair every state executive council meeting in Kaduna State because the deputy governor is there if I have other issues of greater priority to attend to".

Author: 0 Trump official: Military prepping as part of North Korea response

USA officials said military strikes remained an option but played down the prospect, though the administration has sent an aircraft carrier and a nuclear- powered submarine to the region in a show of force. It said it was focusing on economic and diplomatic pressure, including Chinese cooperation in containing its defiant neighbour and ally, and remained open to negotiations.

Author: 0 Korea crisis is at worst point he's seen

FIGHTING MILITANT GROUPS Ten Democratic U.S. House members say they want Congress to vote on a formal authorization for the use of military force against al Qaeda, the Islamic State and the Taliban. The legislation, approved by the House Foreign Affairs Committee last month, is meant to cut off supplies of cash that help fund North Korea's nuclear program, and increase pressure to stop human rights abuses such as the use of slave labour, the bill's sponsor, Foreign Affairs Chairman Ed Royce, ...

Author: 0 US economy likely barely grew in first quarter: Atlanta Fed

There was a slowdown in services-sector growth to 0.3% from 0.8% previously with weakness in retail sales and the accommodation sector due to the impact of rising prices which undermined real spending. Consumer spending has largely driven the recovery in the British economy since the financial crisis but there is now overwhelming evidence belts are being well and truly tightened as household savings levels hit record lows and unsecured borrowing totals remain historically high.

Author: 0 Oil falls on bulging US crude inventories, ample global supplies

North Sea tankers sailing to Asia soared to a record this month, hauling at least 540,000 barrels a day. March report shows that OPEC still remains in full compliance with the deal as a group but many members are yet to adhere to the agreed levels.

Business EC bribery case: Delhi Police to travel to TN with Dhinakaran
Author: 0 EC bribery case: Delhi Police to travel to TN with Dhinakaran

Police have arrested Dinakaran and his aide Mallikarjun for allegedly paying middleman Chandrashekhar to get the party's disputed two leaves symbol by bribing election officials . From Chennai airport, Dinakaran was taken to CBI office in Besant Nagar where he was questioned by a special police team for almost two hours. More searches and questioning of Dinakaran and his associates are on the anvil as the police try to go to the root of the case including the money trail and other links ...

Author: 0 Passenger says flight attendant nearly hit baby

There is no video of this alleged incident, but several passengers whipped out smartphones and started filming the aftermath. United Airlines CEO Oscar Munoz initially appeared to blame the "belligerent" passenger, saying it was "necessary" for him to be removed from the flight.

Author: 0 Trump says 'major, major' conflict with North Korea possible, but seeks diplomacy

The US Secretary of State praised China of its role in North Korea. "I informed South Korea it would be appropriate if they paid. The major target is not North Korea but China". officials told Reuters earlier this month. Harris told the committee that the financial sanctions imposed against the North Korean regime by the United States and other countries have done nothing to slow North Korea's quest for weapons of mass destruction.

Author: 0 Ford Motor Company (F) Stock Growth Story Recalled for fix

The average broker rating helps provide investors with a general feel of analyst sentiment on the stock. A number of equities research analysts have weighed in on the stock. Shares of MGM Resorts International (MGM ) are trading -2.29% downward from the 52-week high mark and 41.66% above from the fifty two-week low mark.

Author: 0 Valley National Bancorp (VLY) Downgraded to "Hold" at Zacks Investment Research

As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Central Valley Community Bancorp (CVCY). These services include the following: the acceptance of demand, savings and time deposits; extension of consumer, real estate, Small Business Administration and other commercial credits; title insurance; investment services; and full personal and corporate trust, as well as pension and fiduciary services.

Author: 0 Earnings Prediction Review: Sirius XM Holdings Inc. (SIRI)

Recently stock market analysts updated their outstanding price targets on shares of Sirius XM Holdings Inc. Sirius XM Holdings Inc . was downgraded to "underweight" by analysts at Morgan Stanley. Its Current ratio for most recent quarter of 0.70. TRADEMARK VIOLATION WARNING: This piece was originally posted by [[site]] and is owned by of [[site]].

Business Angola in full compliance with Opec output cuts - oil minister
Author: 0 Angola in full compliance with Opec output cuts - oil minister

Traders said that the falls in recent weeks were a result of a realisation that global oil markets remained oversupplied, despite efforts led by the Organization of the Petroleum Exporting Countries (OPEC) and Russian Federation to cut output by 1.8 million barrels per day (bpd) during the first half of the year in order to tighten the market and prop up prices.

Author: 0 Nasdaq closes above 6000 for the first time

It offered no specifics on how it would be paid for without increasing the deficit. The administration is determined to get the tax reform done by this year, Treasury Secretary Steven Mnuchin said at press conference. Advancing issues outnumbered decliners on the NYSE by 1,847 to 923. The tax proposal includes a cut on so-called pass-through business taxes that would deliver a windfall to investors in MLPs, master limited partnerships.

Business RBS reports first quarter profit as turnaround continues
Author: 0 RBS reports first quarter profit as turnaround continues

Operating profit at the core business, excluding one-time costs, was 1.3 billion pounds, surpassing estimates. Net lending jumped by £3.7bn on the previous quarter. But shares in the troubled lender are now trading at around half that price. The price reflects the extent to which the group remains mired by legacy issues - both at home and overseas.

Business Man held in Waterford suspected of seeking to fund IS
Author: 0 Man held in Waterford suspected of seeking to fund IS

In a statement, police said they were arrested at a rented flat on suspicion of facilitating the transfer of money and information in relation to alleged global terrorist activities. Gardaí suspect this was to be used to buy arms and equipment and finance activities by the so-called Islamic State group. In 2004, a US-born woman known as Jihad Jane, who visited Waterford to plot a botched al-Qa'ida terror attack, was sentenced to 10 years in jail.

Author: 0 Good Friday observed in the Lehigh Valley

Check with local churches for details of Holy Saturday services. In the fall, the red clusters of berries are believed to signify the blood of Jesus . Palmer adds that "God can roll away stones in our lives". A lot of us may dive into chocolate eggs during Easter time, but eating chocolate eggs and bunnies are not what this day is all about.

Business Most Recent Stock Report: Starbucks Corporation's (SBUX)
Author: 0 Most Recent Stock Report: Starbucks Corporation's (SBUX)

The stock volatility for week was 1.37% while for month was 1.23%.The stock, as of last close, traded 21.00% to its 52 week low and was changed -0.68% from its 52 week high. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $66.00 target price on shares of Starbucks in a research note on Tuesday, April 18th.

Business Whose side are you on? Trump's or Canada's?
Author: 0 Whose side are you on? Trump's or Canada's?

The announcement came after reports in USA media had said that Trump was considering giving formal notice of pulling the United States out of the North American Free Trade Agreement. " When it comes to defending Canada's economic interests, we're going to play hard ", Canada's Foreign Minister Chrystia Freeland told CNN Tuesday.

Business The United States Steel Co. (X) Plans $0.05 Quarterly Dividend
Author: 0 The United States Steel Co. (X) Plans $0.05 Quarterly Dividend

The reason provided by the management for the significant downward revision of full-year guidance was "pretty big adjustment" in production capacity, citing the acceleration in taking downtime and the latest assessment of operating performance, which is a cause of concern for many as the company expects its asset revitalization program to still take years.

Business Surprise Build In Gasoline Inventories Shocks Oil Markets
Author: 0 Surprise Build In Gasoline Inventories Shocks Oil Markets

Despite a drop in USA crude stocks last week, an unexpected 1.5-million-barrel build in gasoline stocks drove prices more than 3.5 percent lower on Wednesday. Oil prices were little changed on Thursday in a seesaw trading session, as investors weighed rising US production against comments from leading Gulf oil producers that an extension to OPEC-led supply cuts was likely.

Business Starbucks says Unicorn Frappuccino shows its digital savvy
Author: 0 Starbucks says Unicorn Frappuccino shows its digital savvy

The company released its latest earnings report Thursday, and it showed weak sales growth in the U.S. That sent its stock price down almost 5% during after-hours trading. The company lowered its full-year earnings guidance to $2.06 to $2.10 a share, down from its previous forecast of $2.09 to $2.11 a share due to plans for increased investments and higher-than-expected charges related to its Teavana stores in shopping malls.

Business Cuomo announces major crackdown on bloodthirsty MS-13 gang
Author: 0 Cuomo announces major crackdown on bloodthirsty MS-13 gang

Over the past 16 months, the group is believed responsible for 15 homicides in Suffolk county. The discovery followed the March arrests of eight suspected MS-13 members for revenge murders of two teenage girls in Brentwood. Officials estimate MS-13 has 30,000 members internationally and around 6,000 across 46 US states. Crime scene investigators search woodland near to where the victims were found in Central Islip.

Author: 0 Trump Tax Plan Stands to Benefit the Man in the White House

The number of individual income tax brackets would be reduced from seven to three, which would likely lead to a tax cut for people across the board. Big US companies have almost $1.8 trillion in cash stockpiled overseas, according to Moody's Investors Service. The new income brackets and changed deductions could affect teenagers and young adults working part-time jobs or doing seasonal work while in school, bringing changes to how much money they could owe the government come tax season.

Business Crude Oil Drops To Lowest Since March
Author: 0 Crude Oil Drops To Lowest Since March

Rystad Energy expects U.S. shale oil output to grow by 100,000 barrels per day (bpd) each month for the rest of this year and into 2018 if oil prices hold around $50-$55 a barrel, well above estimates by the U.S. "It's increasingly clear that markets aren't quite ready to buy into this narrative quite yet, as crude oil prices once again came under pressure", said Hewson.

Author: 0 Nasdaq hits 6000 for 1st time as US stocks rise again

Canada's main stock index fell on Wednesday, pressured by a plunge in the shares of mortgage lender Home Capital Group Inc and investor worries about Canada's trade relationship with the United States. American Airlines dropped 7 percent after the company said it had deferred the delivery of several Boeing and Airbus jets, in the latest sign of oversupply in the market for long-distance airliners.

Business How Technical Charts Are Flashing For Whiting Petroleum (WLL), TimkenSteel (TMST)
Author: 0 How Technical Charts Are Flashing For Whiting Petroleum (WLL), TimkenSteel (TMST)

The short ratio in the company's stock is documented at 3.16 and the short float is around of 12.21%. ABEV was trading -8.83% below its 52-week high and 22.98% above its 52-week low. Finally, Canaccord Genuity reaffirmed a "buy" rating and issued a $14.00 target price on shares of Whiting Petroleum Corp in a report on Friday, February 10th.

Author: 0 The reality of flying cars may be right around the corner

Uber Elevate to begin testing at Expo 2020... In addition, the company has partnered with the Dubai government to conduct the flying taxis by 2020 in Dubai. At the moment, the company is working together with Hillwood Properties to build four key Vertiports in Dallas, a hub that will handle the multiple takeoffs and landing pads.

Author: 0 Trump's 15% business tax is lowest for big economy

Neal, the top Democrat on the tax-writing House Ways and Means Committee, argued that while the president's plan lacks "real detail", it does not appear to do almost enough to help working families and small businesses. Schumer said the breaks would be break "devastating for middle-class families in NY and elsewhere", Fox Reports . Small business owners would see their top tax rate go from 39.6 percent to 15 percent, said the official.

Author: 0 What You Need To Know About The 457 Working Visa Changes

Sounding like an echo of President Trump, Turnbull said "we are putting Australians first". A new temporary visa will replace the programme and last between two or four years , which Mr Turnbull said will "better target" skilled workers.

Business Oil prices face second weekly loss as oversupply lingers
Author: 0 Oil prices face second weekly loss as oversupply lingers

West Texas Intermediate, the USA benchmark for the price of oil, was down 0.85 percent to $49.14 per barrel. Michael Hewson, chief market analyst at CMC Markets UK , said crude oil prices had continued to come under pressure ahead of weekly inventory data.

Business Uber updates its ranking system to highlight passenger rating
Author: 0 Uber updates its ranking system to highlight passenger rating

So technically, these ratings should only be a reflection of the driver's performance and not the overall experience of the ride. The ratings that passengers receive are on the same five-star scale that riders give to their drivers. Uber's United Kingdom boss Jo Bertram said drivers wanted to choose when they work, but had also said they wanted more security. Riders were earlier left in the dark about how they were being rated by their driver.

Author: 0 Easter story: What happened on Holy Saturday and why is it important?

It's a great opportunity to reach out, and in fact, many might be very open to that invitation. "People of different religious groups must get together and celebrate Easter", he said. He said persons who believed Christ must work out their salvation with fear and trembling, saying faith without work was dead, therefore, one's lifestyle must be Christ-like.

Author: 0 Prime Minister to announce details of tough new citizenship test today

The Centre is looking into "consequences" of Australia's decision to curb its 457 work visa policy, used by over 95,000 foreign workers - majority Indians. The scheme will be replaced with a two- to four-year Temporary Skill Shortage (TSS) initiative. Immigration Minister Peter Dutton earlier told Sky News measures should be taken to ensure people would abide by Australian laws and integrate into society before being granted citizenship.