Business

Business Court breather for Jaganmohan Reddy, CBI plea junked
Author: 0 Court breather for Jaganmohan Reddy, CBI plea junked

The investigating agency had in its petition before the principal special judge submitted that case witness and former Chief Secretary P Ramakanth Reddy, during his interview to a newspaper and a TV channel owned by Jagan, made "unwarranted observations and comments contradictory to the statements" given before CBI.

Business Pichai received almost Dollars 200 mln compensation previous year
Author: 0 Pichai received almost Dollars 200 mln compensation previous year

Online retail giant Amazon also delivered stronger-than-expected financial results for the first quarter, when profit rose 41 percent from a year ago to $724 million, on revenues growing 23 percent to $35.7 billion. The Company holds interests in Google Inc (Google). The company generated $21 Billion as advertising revenues - a jump of over $3 Billion. Its shares were 4% higher at just under $930 per share in after-hours trading in NY last night and have risen by more than 20% over the ...

Author: 0 US economic growth weakened to 0.7 percent in first quarter

The economy grew at a 2.1 percent annual rate in the fourth quarter of past year. "While spending turned in some of the weakest numbers since coming out of the financial crisis, the employment numbers came in hot". Ian Shepherdson of Pantheon Macroeconomics said if these distortions were excluded, growth would probably have been closer to two percent. Two months ago, economists were predicting two percent growth.

Author: 0 It's Christy Clark's vanity bridge, say opponents

Green Leader Andrew Weaver said he was pleased by Clark's lobbying efforts to ban thermal coal, but he accused the Liberals of waiting too long to act. Weaver says a Green government would hike taxes on carbon, corporations and high-income earners to pay for more investment in childcare, infrastructure, public health and the environment.

Author: 0 Leaders head to head on TV

Liberals have been bought by the same "greedy lumber barons" she complained about last week in reference to the softwood dispute between Canada and the United States. - Clark says she would have balked had she been the only person involved in negotiations on softwood lumber. After 16 years of BC Liberal neglect, we finally have a chance to have a changing of the guard and build with new leaders a province where no one gets left behind.

Business Economic growth slows to 0.7%
Author: 0 Economic growth slows to 0.7%

The Standard & Poor's 500 index had fallen 0.05 percent and the Dow Jones industrial average was down 0.1 percent by mid-morning. Nationwide's chief economist, Robert Gardner, said that monthly figures can be volatile, but the softening reflects pressure on household budgets.

Author: 0 Alphabet (GOOGL) Rallies on Q1 Earnings Beat, Solid Ad Sales

Google's "other revenues" which includes cloud, Play and hardware hit $3.1 billion in revenue , up from around $2.1 billion in the same quarter a year earlier . "We think that is quite an impressive achievement". Its paid clicks meanwhile grew 44 percent year-over-year in the first quarter. This group collected $244 million in revenue , a 48 percent increase from the same period past year, but overall stuck Alphabet with an $855 million loss - no surprise given these are still largely R&D ...

Business Amazon India increases fulfilment capacity for sellers by 26%
Author: 0 Amazon India increases fulfilment capacity for sellers by 26%

The comments assume significance as Amazon has seen losses in the global business pile up almost four-fold to United States dollars 481 million, primarily due to high spending in India. Amazon India reported a loss of '3,572 crore in FY16 on a revenue of Rs 2,275 crore. He became $1.5 billion richer in one day last month, and his net worth increased an insane $6 billion in just 20 minutes one day a year ago.

Business Bill O'Reilly Accuser Shares Details Of Sexual Harassment On The View
Author: 0 Bill O'Reilly Accuser Shares Details Of Sexual Harassment On The View

Neither O'Reilly now 21 Century Fox have confirmed a payout publicly, but it was known that O'Reilly signed a contract earlier in March, which reportedly amounted to $25 million a year. Fans have now "taken their concerns to Facebook [though] Fox News' Facebook hasn't actually addressed the issue yet", Cranston noted, before reading some of her favorites.

Business Trump yet again refers to Elizabeth Warren as 'Pocahontas'
Author: 0 Trump yet again refers to Elizabeth Warren as 'Pocahontas'

Trump wrapped up the address by thanking NRA members for their efforts during last fall's presidential election, where they and other gun owners were so instrumental in helping him defeat Clinton. And he made no specific promises about any major effort to roll back current gun laws, instead speaking in broader tones about rolling back the Obama administration's restrictions on firearm sales.

Author: 0 Google parent Alphabet's profit up 29% on strong ad sales

He oversaw a 17.8 per cent jump in Google's core ads business past year, while also boosting its revenue in cloud and hardware, a long-sought goal of the company. Google found itself in some controversy this quarter when several big-name brands began pulling ads on YouTube after finding out that their ads appeared opposite offensive content like extremist videos.

Business Oil prices fall following Libyan oil fields restart
Author: 0 Oil prices fall following Libyan oil fields restart

API reported that U.S. crude oil stocks increased by 897,000 barrels in the week ending 21 April. The oil source said El Feel oil field, with a capacity of about 90,000 bpd, had also restarted. The EIA reported that USA crude oil imports rose by 172,000 bpd to 8,113,000 bpd on April 14-21, 2017. USA gasoline futures also led the complex lower, falling to the lowest in at least eight years for this time of year after inventories rose by the most in almost three months and demand remained ...

Business GM is motoring, profit spikes 34 pct on US truck, SUV sales
Author: 0 GM is motoring, profit spikes 34 pct on US truck, SUV sales

The results underscored a trend in the USA market where consumers have increasingly shunned cars in favor of larger SUVs, crossovers and trucks. The challenge for GM will be sustaining profit growth through the rest of the year. While the inventory build helped profits in the quarter, Stevens told reporters in Detroit that cost reductions drove results . GM countered by selling a higher mix of pricier vehicles, including Cadillacs and Buicks, and maintained flat equity income from its ...

Business Trump signs order to expand ocean oil drilling
Author: 0 Trump signs order to expand ocean oil drilling

Shimp notes, though, that they'd already said they were willing to negotiate changes to NAFTA. "They called me up, they said, 'Could we try negotiating?'" Trump explained. "Any disruption to the integrated supply chain that has been achieved under NAFTA could challenge the outperformance of the North American auto industry, including the potential job losses for some of the almost 2 million positions at plants in the United States, Canada and Mexico", the report said.

Business How United selects passengers for involuntary bumping
Author: 0 How United selects passengers for involuntary bumping

The videos show officers pulling Dao, bleeding, from his plane seat and dragging him by his arms down the plane's aisle. Dao's nose was broken, he lost teeth, and was concussed in the incident, his lawyer said . Dead Giant Rabbit On United Flight Creates New Problem For Airline: The animal died while traveling in the cargo hold of a flight headed from London to Chicago .

Business Trump stands to personally benefit from his own tax plan
Author: 0 Trump stands to personally benefit from his own tax plan

Republican U.S. presidential candidate Donald Trump speaks, as New Jersey Governor Chris Christie (L) looks on, during Trump's five state primary night event in New York City, U.S., April 26, 2016.Reuters/Lucas JacksonThere's no denying that President Donald Trump's proposed " biggest tax cut " in USA history, which would lower the corporate tax rate to 15% from 35%, will boost cash flow to USA corporations and ultimately help their bottom line.

Author: 0 Trump seeks to expand drilling in Arctic, Atlantic oceans

Critics lashed out, saying it will lead to locking in fossil fuel development across America's vital waters. "We are pleased to see this administration prioritizing responsible USA energy development and recognizing the benefits it will bring to American consumers and businesses", said Jack Gerard, president of the American Petroleum Institute.

Business The problem with trading Trump's tax 'plan'
Author: 0 The problem with trading Trump's tax 'plan'

In February, Trump promised a "phenomenal" tax plan within a few weeks, without offering details. "That's the beginning of a negotiation", Stephen Moore, an economist who advised the Trump campaign on tax policy, said referring to the 15 percent rate.

Author: 0 The Disaster That Is Donald Trump's Tax Plan

McMahon said there was no way to predict what tax plan will eventually emerge from Congress, but if Trump's proposal were enacted, NY would not see as big of a cut as many other states. Can the economy grow at a sustained 3% rate given an aging population and shrinking pool of available workers? "This isn't going to be easy", he acknowledged.

Author: 0 National Ag Organizations Relieved US Will Remain in NAFTA

In his 2007 book Think Big , Donald Trump argued that in tough negotiations the United States government should rely on professionals from the private sector. That confusion has been front and centre recently. Trump should want to make sure he preserves and strengthens America's relationship with Mexico, while opening up the markets in Canada, Vilsack said.

Author: 0 Drug take-back day set for Saturday

Americans in October turned in more than 730,000 pounds - or 366 tons - of prescription drugs at almost 10,000 sites operated by the DEA and its local law enforcement partners, according to the release. The abuse of prescription drugs, particularly opioid pain killers, has resulted in epidemic levels of addiction, overdoses and death across the country.

Author: 0 BC Green leader in Kelowna this weekend

The leader with nearly nothing to lose looked to land most of the hits during the televised B.C. election TV debate in Vancouver on Wednesday night. He said of all the candidates, Clark seemed to deliver the fewest jabs - but he pointed out that she has the least need to, as the leader of the well-established governing party.

Author: 0 Supreme Court denies Arkansas execution

The state Supreme Court voted 4-3 to grant stays for Davis and Ward. If Arkansas had its way, the state would have two fewer inmates on death row today. He said the state would continue towards carrying out the executions of the other inmates. She also said the protocol doesn't lay out what executioners intend to do to ensure that the inmates are unconscious.

Author: 0 Zarif: US Defies Letter, Spirit of Nuclear Pact

Trump has panned what he has called "the disgusting Iran deal" reached by the United States and five other world powers under his predecessor, former USA president Barack Obama. Under the deal struck between Iran and six other nations after 18 months of negotiations in July 2015, Tehran agreed to curb its nuclear program - suspected of being a front for weapons development - in exchange for worldwide oil and financial sanctions being lifted.

Business Anthem Inc (NYSE:ANTM) Receives Outperform Rating From RBC Capital Markets Analysts
Author: 0 Anthem Inc (NYSE:ANTM) Receives Outperform Rating From RBC Capital Markets Analysts

The analysts offering Earnings Estimates for the company were believing that Anthem , Inc. Anthem (NYSE:ANTM) pays an annual dividend of $2.60 with a yield of 1.46% and an average dividend growth of 0.00% based on a 3 Year Average. The company's shares closed yesterday at $172.46, close to its 52-week high of $173.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink .

Author: 0 Concerns raised locally over Trump's trade actions with Canada

U.S. Commerce Secretary Wilbur Ross amplified Trump's remarks in a statement afterward that also referenced a fight over a new Canadian milk policy that U.S. Carr is reconvening a provincial-federal task force on softwood lumber later this week to look at what else can be done without triggering additional US charges of unfair subsidies.

Business United Airlines beats on earnings and sales
Author: 0 United Airlines beats on earnings and sales

United initially stumbled in its response, but has since promised not to take seats from boarded passengers anymore, pledged not to use law enforcement in such situations and offered to refund everyone aboard the plane. Survey respondents were asked to select an American Airlines or United Airlines flight from New York City to Chicago and were presented different scenarios in order to gauge how layovers and price would impact their decision.

Business NFL draft: Browns make safe No. 1 pick in A&M's Garrett
Author: 0 NFL draft: Browns make safe No. 1 pick in A&M's Garrett

Garrett, a junior and All-American considered the best pass rusher in this crop, is the first Aggie selected No. 1 overall. The Bears, slated to draft third behind the 49ers, sent three other picks to San Francisco to swap first-round places and leapfrog them to select the North Carolina quarterback.

Business BKD Wealth Advisors LLC Boosts Position in Royal Caribbean Cruises Ltd (RCL)
Author: 0 BKD Wealth Advisors LLC Boosts Position in Royal Caribbean Cruises Ltd (RCL)

Royal Caribbean International announced future plans Wednesday for the cruise line's first Quantum Ultra-class ship to be based in the Asia-Pacific region. Dekabank Deutsche Girozentrale holds 0.15% in Royal Caribbean Cruises Ltd (NYSE:RCL) or 168,478 shares. It has a return on equity (ROE) of 15.10%. Russell Investments Group Ltd.

Author: 0 The Sippican Capital Advisors Cuts Position in Zions Bancorp (ZION)

Sun Life has 0% invested in Zions Bancorp (NASDAQ:ZION) for 5 shares. The bank reported $0.61 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.54 by $0.07. The company also recently announced a quarterly dividend, which will be paid on Thursday, May 25th. Zions Bancorporation (ZION ) belongs to the "Financial" sector with an industry focus on "Regional - Pacific Banks", with Mr.

Author: 0 United States lumber tariffs to hinder Canada's lumber industry

The White House is telling US media that it's weighing a plan to pull out of NAFTA , upping the pressure on Congress to get cracking on negotiations under the threat of having the seminal trade deal obliterated. "Tweeting doesn't do that", said Congressman Brian Higgins during a visit to Buffalo Tuesday. What: President Trump's administration this week slapped retroactive tariffs ranging from 3 to 24 percent on five Canadian exporters of softwoods, which are used in building homes.

Author: 0 'Australians first': Temporary Foreign Workers Visa Abolished

Australia's Prime Minister, Malcom Turnbull , [official website] announced [video] Tuesday that the country will be introducing stricter visa requirements for skilled foreign workers. There has been a significant drop in the number of Irish applying for 457 visas in the last two years, as emigration from Ireland has fallen and the Australian economy - particularly in Western Australia - has tightened.

Author: 0 Nasdaq closes at record high ahead of major tech earnings

The Dow Jones industrials gained 232 points, or 1.1 percent, to 20,996. Apple , which saw its shares rise 0.6 percent to $144.45 Tuesday, accounts for just shy of 12 percent of the Nasdaq's makeup. Stock prices in recent years have been climbing faster than earnings , which has led sceptics to call the market overly pricey. The technology-heavy Nasdaq Composite broke the 6,000 barrier for the first time, 17 years after it first reached 5,000 during the height of the dotcom boom.

Author: 0 Flight attendant 'nearly hit baby' as he snatched pushchair on plane

The episode was captured, in part, on video . American Airlines grounded the flight, which was travelling from San Francisco to Dallas-Fort Worth on Friday. "I have committed to our customers and our employees that we are going to fix what's broken so this never happens again", Munoz said in a statement. Witnesses said the attendant struck her with the metal stroller as he was dragging it out of her hands.

Author: 0 Is Marvell Technology Group Ltd. (NasdaqGS:MRVL) Attractively Priced?

Finally, Credit Suisse Group AG restated a "buy" rating and issued a $18.00 price target on shares of Marvell Technology Group in a research note on Wednesday, March 1st. Cowen & Co maintained Marvell Technology Group Ltd. (NASDAQ: MRVL ) rating on Tuesday, August 4. MRVL's revenue has declined at an average annualized rate of about -7.3% during the past five years.

Business Kia Motors to set up Rs 12000-cr plant in AP
Author: 0 Kia Motors to set up Rs 12000-cr plant in AP

Hyundai plans to increase the annual output capacity at its commercial vehicle plant in Vietnam to 30,000 units from the current 10,000 to meet the growing demand for trucks and buses. Kia was founded during the second world war in 1944 and is Korea's oldest manufacturer of motor vehicles. Founded in 1944, Kia Motors is Korea's oldest manufacturer of motor vehicles and manufactures over three million vehicles a year at 14 manufacturing and assembly operations in five countries.

Author: 0 Tillerson: US Strategy on North Korea Relies on China's Participation

U.S. Secretary of State Rex Tillerson went a step further Thursday, saying that China has threatened to impose unilateral sanctions on North Korea if it conducts further nuclear tests. He certainly doesn't want to see turmoil and death. Speaking of North Korean leader Kim Jong-un, Trump said , "He's 27 years old". While China might take actions meant to send a message to North Korea - a recent shortage of gasoline in Pyongyang sparked speculation that China was working behind the scenes - ...

Business Eurozone economic sentiment climbs to near 10-year high
Author: 0 Eurozone economic sentiment climbs to near 10-year high

Eurozone inflation rebounded in April, with the annual rate climbing to 1.9 percent after surprisingly plunging in the previous month. An end to the purchases will let longer-term interest rates, meaning governments will have to spend a bigger part of their tax revenues on interest costs, while mortgage payments will tend to rise because of higher interest.

Author: 0 Office Depot, Inc. (NASDAQ:ODP) Under Analyst Spotlight

Looking at this figure it suggests that the shares of Office Depot, Inc . Office Depot, Inc . shares increased 4.73 percent over the past week and rose 10.43 percent over the previous month. During the same period in the prior year, the firm earned $0.07 EPS. On average, analysts forecast that Office Depot Inc will post $0.47 earnings per share for the current year.

Business EU warns Britain: Don't assume free trade deal for the City
Author: 0 EU warns Britain: Don't assume free trade deal for the City

The meeting also comes ahead of Saturday's European Council summit, when leaders of the other 27 EU countries will discuss their draft guidelines for Mr Barnier to take into the negotiations. He also said Britain was seeking to ensure a smooth and stable transition as it leaves the European Union, but would need to take an "intelligent approach" to regulation in the years ahead.

Business Buffalo Wild Wings is Flying in the Wrong Direction
Author: 0 Buffalo Wild Wings is Flying in the Wrong Direction

The business earned $492.40 million during the quarter, compared to the consensus estimate of $519.65 million. During the same quarter in the previous year, the firm posted $1.32 EPS. Click to get this free report Buffalo Wild Wings, Inc . In other news, CEO Sally J. Smith sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 15th.

Business April F&O expiry closes on a flat note
Author: 0 April F&O expiry closes on a flat note

The benchmark BSE Sensex ended 0.37 percent lower at 29,918.40, but gained 1.88 percent for the week. The Sensex scaled a new peak of 30,184.22 intra-day, driven by abundant liquidity. Meanwhile, domestic funds bought shares worth a net Rs 984.17 crore on Monday, while foreign portfolio investors (FPIs) sold stocks worth a net Rs 279.55 crore, as per provisional data from the stock exchanges.

Business Portland General Electric Company (NYSE:POR) Value Score in Focus
Author: 0 Portland General Electric Company (NYSE:POR) Value Score in Focus

Brookmont reported 289,618 shares. El Paso Electric Company had its "hold" rating reiterated by analysts at Williams Capital. General Electric has sold its financial assets held within GE Capital as a way to become a more streamlined, more manageable company that is primarily concerned with running its industrial businesses.