Business

Author: 0 OneSavings Bank (LON:OSB) Broker Updates

As per Monday, October 19, the company rating was upgraded by Citigroup. RSA Insurance Group PLC (LON:RSA) had its stock rating noted as Neutral by analysts at JP Morgan Cazenove. It is negative, as 14 investors sold Medley Capital Corp shares while 25 reduced holdings. Mediclinic International plc is an international private healthcare provider.

Author: 0 Trump Administration Eases Michelle Obama's School Lunch Restrictions

According to the USDA, schools have been facing increasing fiscal burdens as they try to adhere to existing food requirements, and they estimate that such requirements cost school districts and states $1.22 billion in Fiscal Year 2015. The group often battled with the Obama administration, which phased in the healthier school meal rules starting in 2012. One saw the changes as a step backward for a school meals program that's been a success.

Business Japan, ASEAN countries mull ways to counter financial crises
Author: 0 Japan, ASEAN countries mull ways to counter financial crises

Finance leaders of Japan, China and South Korea agreed to resist all forms of protectionism in a trilateral meeting on Friday, taking a stronger stand than G20 major economies against the protectionist policies advocated by U.S. In a statement issued by the financial chiefs of the G-20 economies in March, a line against protectionism was ultimately dropped. The three nations said the pace of a recovery in the global economy is quickening on the back of manufacturing growth accompanied by a ...

Author: 0 House to vote on Republican health care plan today

Had just two additional Republicans voted "no", the measure would have lost because bills need majorities to pass. Ryan canceled a March vote on the health care bill because disgruntled conservatives said the measure was too meek while GOP moderates said its cuts were too deep.

Business Trump to meet with Colombian president at White House
Author: 0 Trump to meet with Colombian president at White House

First , while it's possible that Trump's behavior might evolve, it's unlikely, particularly because, at 70, Trump is the oldest president ever elected. "If they come back with any big changes that will make life a little tough". On Tuesday morning, as Republican leaders were still trying to whip the votes on the health care bill, the morning shows were almost all focused on the string of freakish statements that Trump made in interviews he gave to mark his 100th day in office.

Business Russia, Turkey agree to support safe-zones in Syria
Author: 0 Russia, Turkey agree to support safe-zones in Syria

UN Secretary-General António Guterres has commended the memorandum on four security zones in Syria, which guarantor states Russia , Turkey and Iran agreed upon at Astana peace talks. The minister said a next round of talks in Astana is scheduled for July. Washington said Syria's opposition "must also live up to its commitments, with Turkey as the guarantor", to separate themselves from "designated terrorist groups", including the Al-Qaeda group Hay'at Tahrir al-Sham.

Business Steelers Draft James Conner in 3rd Round
Author: 0 Steelers Draft James Conner in 3rd Round

It's a bit of a farce that we all put up with, and eagerly click on, each year. Continue to keep hitting that refresh button this afternoon as the Steelers are due up again in both the sixth and seventh rounds of the draft and the Steelers' cover32 team will continue to have further coverage for you.

Business I-55 and westbound I-44 reopen as floodwaters recede
Author: 0 I-55 and westbound I-44 reopen as floodwaters recede

Flooding has promoted officials to halt traffic along the Mississippi River at St. Louis, meaning a vital passageway for transporting agricultural products and other goods is temporarily closed . "Travelers headed across Missouri should avoid using I-44". "The closure of I-55 in St. Louis will make travel hard between St. Louis and southeast Missouri ".

Business LA Mayor Garcetti slams 'Trumpcare' GOP bill as a 'nightmare' returned
Author: 0 LA Mayor Garcetti slams 'Trumpcare' GOP bill as a 'nightmare' returned

The Republican bill, formally known as the American Health Care Act, is now sent to the Senate where it is expected to face significant hurdles. The AHCA has improved over the last month. David Valadao's Central Valley California district alone by 2026. Obamacare brought health insurance coverage to millions of Americans. But still, vulnerable people must not be left in poor and worsening circumstances as Congress attempts to fix the current and impending problems with the Affordable Care Act.

Business Google reports 28% profit increase boosted by ad sales
Author: 0 Google reports 28% profit increase boosted by ad sales

Alphabet Inc., formerly known as Google Inc., is headquartered in Mountain View, California. Shares were up 4 percent in after-hours trading; shares are up more than 20 percent in the past year. Google fiercely competes with rival Facebook in the mobile advertising space, and the two firms are said to account for 99 percent of the industry growth in digital advertising in 2016.

Business Fed leaves rates unchanged but signals future hikes
Author: 0 Fed leaves rates unchanged but signals future hikes

The Australian dollar reversed earlier gains to trade at $0.7425 in the late USA session, after briefly popping up to $0.7466.The Aussie gained on Tuesday after the Reserve Bank of Australia (RBA) kept rates unchanged at a record low of 1.5 percent at its policy meeting and sounded a touch more upbeat about global growth, reinforcing expectations of a steady rate outlook.

Author: 0 Oil drops below $45 for first time since OPEC deal

U.S. West Texas Intermediate crude fell $1.18, or 2.4 percent, to $47.66 a barrel, its lowest close since March 21. Other analysts agreed the steep price falls would likely force Opec members to extend production cuts later this month, but they said the prospect of deeper cuts appeared slim.

Business Google surges despite YouTube ad controversy
Author: 0 Google surges despite YouTube ad controversy

Traffic acquisition costs stood at $4.5 Billion, around 22 percent of Google's total advertising revenues. In a founders' letter published earlier Thursday, Google cofounder Larry Page suggested the company has gotten better at developing its newer business ventures in the almost two years since restructuring as Alphabet .

Business Asia markets struggle as commodity prices fall, U.S. jobs data eyed
Author: 0 Asia markets struggle as commodity prices fall, U.S. jobs data eyed

US crude output is at its highest since August 2015 as shale explorers intensify drilling. QUOTEWORTHY: "The collapse in oil prices saw (benchmark West Texas Intermediate) plunge as the market continues to probe for a bottom amid oversupply concerns", said Stephen Innes, senior trader at OANDA.

Business M&S just got a new chairman - here's who he is
Author: 0 M&S just got a new chairman - here's who he is

Previous year the former Conservative MP was appointed lead non-executive board member of the Department for Business, Energy and Industrial Strategy. Mr Rowe said that the business had become too complex and inefficient and that his aim was to grow the retailer's successful food business while simplifying its other offerings.

Author: 0 S&P 500 Futures Slump as U.S. Economy Slows to a Crawl

Production expanded by 0.3% over the period, with manufacturing increasing by 0.5% thanks to a jump in motor vehicle manufacturing, while agriculture growth eased to 0.3% in the first quarter from 1% in the final quarter of 2016. Consumer spending appears to be the biggest drag on the USA economy. Today's report reflects the slowest quarterly growth in three years. The Bureau of Economic Analysis , which prepares the GDP report, has a three-year program aimed at addressing this problem, ...

Business Uber faces federal criminal inquiry over 'Greyball' software used in Portland
Author: 0 Uber faces federal criminal inquiry over 'Greyball' software used in Portland

It is claimed greyball was used in several areas, including Portland, Oregon, where the ride service was still seeking official approval to operate. This development comes on the heels of several reports that Portland's Bureau of Transportation (PBOT), led by Commissioner Dan Saltzman, was planning to subpoena the company for not dispensing details of the use of " Greyball " software to them.

Author: 0 Microsoft to unveil what's next in store on May 23

Hot off its Windows 10 S and Surface Laptop #MicrosoftEDU event on Tuesday, Microsoft is ready to do it all over again later this month. Well for starters the Tweets by Panos Pranay contained the Surface hashtag. Initial buyers of the Surface Laptop will also receive a one-year subscription to Office 365 Personal, along with one terabyte of cloud-based storage on OneDrive.

Author: 0 Trump voters have positive opinion of president

As President Donald Trump approaches the end of his first 100 days in office, a newly released NBC News/Wall Street Journal poll suggests that nearly two-thirds of Americans believe he hasn't been doing too stellar of a job so far. A new CBS News poll reflects opinions divided along party lines. This is in comparison with the 21 percent who believe Trump's first few months in office have been "good", and the 14 percent who believe they've been "great".

Business Apple makes $1B commitment toward more US manufacturing jobs
Author: 0 Apple makes $1B commitment toward more US manufacturing jobs

The company will announce the new fund's first investment later in May. Apple came under fire from President Donald Trump during his campaign because it makes most of its products in China. "We're initially putting $1 billion in the fund", Cook said in the interview released Wednesday. "In Japan - where Apple Pay launched last October - more than half a million transit users are completing 20m Apple Pay transactions per month", Cook added.

Author: 0 U.S. oil stocks fall slightly, gasoline inventories up

The S&P Oil & Gas Exploration and Production Select Industry index declined as much as 4.9% to the lowest since August. US crude output rose by 28,000 barrels a day last week for the longest run of gains since 2012, according to EIA data.

Business Energy shares lead Asian stock losses as oil falls under $45
Author: 0 Energy shares lead Asian stock losses as oil falls under $45

According to Reuters , Oil value rebounded from near 2017 lows this morning as preliminary data displayed a larger-than-expected drop in us crude stocks, revitalizing bullish sentiment about oversupply. Russia, contributing the largest production cut outside OPEC, said as of May 1, it had cut output more than 300,000 bpd since hitting peak production in October.

Author: 0 Oil eases, near weakest since late March on small United States stocks decline

USA equities also were lower, with losers led by the energy sector, which fell 2.24 percent to its lowest since August. Crude stocks at the Cushing, Oklahoma, delivery hub fell by 215,000 barrels, API said. Russia believes that extending last year's oil-output deal with OPEC makes sense for at least six more months given current market situation, a Russian government official with knowledge of the matter said, asking not to be named as the decision isn't public yet.

Business Oil pinned near 5-month low as global oversupply weighs
Author: 0 Oil pinned near 5-month low as global oversupply weighs

US shale driller Chesapeake Energy Corp. posted its first quarterly profit since 2014 and braced shareholders for a production surge in the second half of the year as new natural gas and oil wells come online. On Tuesday the futures had settled at their lowest since November 30, when the Organization of the Petroleum Exporting Countries chose to cut oil supply.

Business Spring blizzard worries many wheat farmers in western Kansas
Author: 0 Spring blizzard worries many wheat farmers in western Kansas

Flood waters on the Mississippi could take until the end of the month to reach its mouth in Louisiana, but it won't be enough to push the Army Corps of Engineers into a major action, said Jeff Graschel, service coordination hydrologist with the Lower Mississippi River Forecast Center in Slidell, Louisiana.

Business Analysts Expect New York Community Bancorp, Inc
Author: 0 Analysts Expect New York Community Bancorp, Inc

New York Community Bancorp Inc . had 20 analyst reports since August 20, 2015 according to SRatingsIntel. ( NYCB ) has a trading volume of 3.94 Million shares, with an average trading volume of 6040 shares - with shares dropping to a 52 week low of $13.05, and the company's shares hitting a 52 week high of $ 17.48.

Business Johnson 4 shots out of lead at Wells Fargo
Author: 0 Johnson 4 shots out of lead at Wells Fargo

Johnson has been sidelined due to a freak accident on the eve of last month's U.S. Masters but a triumph at Eagle Point would make him only the fifth golfer in PGA Tour history to win four or more consecutive starts. "So I've got to use that comfort to my advantage and not to my disadvantage". The US PGA Tour event in Wilmington, North Carolina, will be the first hit-out since the Masters for both Scott, whose golf world ranking has dropped to No 11, and 32-year-old Johnson.

Author: 0 Tesla 1Q loss widens on higher spending ahead of Model 3

Musk confirmed the vehicle will be built on a new platform, showing a change in Tesla's original plans of building it on the same platform as the Model 3 . Tesla still anticipates achieving a production rate for Model 3 of 5,000 vehicles per week "at some point in 2017" and 10,000 vehicles per week "at some point in 2018".

Author: 0 Puerto Rico announces huge, historic debt restructuring

The cost of fully servicing that much debt would be about $3.5 million a year, NYT . Ricardo Rosselló said Wednesday morning that the start of a Title III bankruptcy process for Puerto Rico was imminent. Title III can be resorted to when talks aimed at reaching a negotiated solution between Puerto Ricos government and its creditors have been exhausted.

Business HSBC 1Q pretax adjusted profit rises 12 percent to $5.9B
Author: 0 HSBC 1Q pretax adjusted profit rises 12 percent to $5.9B

Adjusted revenue edged 2% higher to 12.8 billion United States dollars (£9.9 billion), helped by growth in current accounts, savings and deposits. It was also fined $1.92 billion by U.S. Even if, as chief executive Stuart Gulliver said, the bank "pauses for breath" in its returns to shareholders HSBC still pays the highest prospective yield now of all of the large banks at around 7%.

Business Analyst Upside Underscores Impressive Growth for E*TRADE Financial Corporation (NASDAQ:ETFC)
Author: 0 Analyst Upside Underscores Impressive Growth for E*TRADE Financial Corporation (NASDAQ:ETFC)

The consensus recommendation, according to Zacks Investment research , is 1.75. Capital One Financial Corp. had 55 analyst reports since July 24, 2015 according to SRatingsIntel. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . The stock was sold at an average price of $86.88, for a total transaction of $63,769.92.

Business Militants decamp with 5 rifles from cops guarding Court Complex in Shopian
Author: 0 Militants decamp with 5 rifles from cops guarding Court Complex in Shopian

Posters of Majid have been set up on walls of Kulgam district to help identify the terrorist and help the security forces to get to him. A local resident told DH over phone that security forces "indiscriminately" thrashed people, besides damaging vehicles, door and windowpanes and other household goods during the search operation.

Business Southern California Family Kicked Off Delta Flight
Author: 0 Southern California Family Kicked Off Delta Flight

For the return trip, the family chose to send the teen son ahead on an earlier flight so they could use his seat for the baby boy and his travel seat. We've asked Delta to get on the phone with us in hopes of clearing up which employees were responsible for providing incorrect information, and why that information was provided in the first place.

Author: 0 Dip in Tesla's customer deposits triggers worries over orders

That cushion should give the company some near-term breathing room from needing to tap Wall Street for cash, said CFRA Research analyst Efraim Levy. But in doing so, he again reaffirmed that the Model S is still pretty much the hottest thing on the road.

Business Analysts' Recommendations Stocks Traders Alert: Synchrony Financial (NYSE:SYF) & AGNC Investment Corp
Author: 0 Analysts' Recommendations Stocks Traders Alert: Synchrony Financial (NYSE:SYF) & AGNC Investment Corp

Since the open, shares have moved 0.26% after recently hitting the $28.69 mark. The financial services provider reported $0.61 EPS for the quarter, missing analysts' consensus estimates of $0.74 by $0.13. boosted its position in Synchrony Financial by 6.7% in the first quarter. Russell Investments Group Ltd. acquired a new position in Synchrony Financial during the fourth quarter worth $97,183,000.

Business Key US inflation measure sees first drop in 16 years
Author: 0 Key US inflation measure sees first drop in 16 years

It added that the recent slowdown in growth is likely temporary. Year-on-year, GDP in the single currency bloc rose 1.7% in the first quarter, matching expectations. An earlier report by payrolls processor ADP said private employers expanded their payrolls by 177,000 jobs last month, the smallest gain since the 62,000 increase last October as they faced increasing difficulty finding qualified workers.

Business Fairfax marks World Press Freedom Day by sacking 125 staff
Author: 0 Fairfax marks World Press Freedom Day by sacking 125 staff

A short time ago, Fairfax shares were down 1.8% to $1.06 as the market overall fell around 1%. Staff at Australia's Fairfax #Media walked off the job for a week yesterday in protest at more hefty job cuts as the leading publisher struggles to cope with slumping revenues.

Business India gold demand to drop as jewellers fear GST roll out: WGC
Author: 0 India gold demand to drop as jewellers fear GST roll out: WGC

That's a big fall, but as the WGC points out, Q1 2016 was the strongest ever quarter for gold demand. Compared to "extraordinary levels", in the year-ago period, first quarter 2017 "investment demand seems low, but in reality, it was a very robust quarter", Juan Carlos Artigas, WGC's director of investment research at the World Gold Council , told MarketWatch.

Business Cameroon Journalist Trade Union calls for unity on World Press Freedom Day
Author: 0 Cameroon Journalist Trade Union calls for unity on World Press Freedom Day

Free media and an independent, effective judiciary play a mutually reinforcing role as pillars of democracy. Globally journalists are on the front line of a sustained assault on civic freedoms from state and non-state actors. Second Vice President Sarwar Danish meanwhile addressed a press conference on Wednesday and said that threats against journalists in the country were ongoing and that government is aware that because of this some journalists are leaving the profession.

Business Deadline approaches for spending paper £5 Bank of England notes
Author: 0 Deadline approaches for spending paper £5 Bank of England notes

You can swap them, but it means making a trip to the bank, building society or Post Office. Some of the big banks and building societies have said that customers can continue to deposit old fivers after 5 May but others advised that it was a good idea to hand the notes in by the deadline rather than leaving it until they are no longer legal tender.

Author: 0 Apple steps up its effort to emphasize its economic impact

Cook made the announcement during an interview with CNBC, during which he repeated a point made earlier this year that Apple already spent over $50bn in 2016 with USA suppliers such as purchasing adhesives from 3M and glass for the iPhones from Corning.

Business Puerto Rico declares bankruptcy
Author: 0 Puerto Rico declares bankruptcy

The move comes a day after several major creditors sued Puerto Rico over defaults its bonds. The Commonwealth of Puerto Rico is seeking the largest municipal bankruptcy filing in United States history, after failed negotiations with creditors over its $70 billion debt crisis.