Business

Business Fists Fly at Fort Lauderdale Airport After Airline Cancels Flights
Author: 0 Fists Fly at Fort Lauderdale Airport After Airline Cancels Flights

Meantime, authorities called to quell the melee in the FLL terminal say they arrested three passengers, all from NY, and charged them with inciting a riot, disorderly conduct, resisting arrest, and trespassing. CNN reports Spirit has canceled roughly 300 flights over the past week, including nine different flights scheduled to depart Monday from the Ft. "While pilots at comparable airlines have seen substantial improvements in compensation, our pilots continue to work under a seven-year old ...

Business Goa chief minister Manohar Parrikar to contest bypoll from Panaji
Author: 0 Goa chief minister Manohar Parrikar to contest bypoll from Panaji

Parrikar, who took oath as chief minister in March after resigning as defence minister, is heading the BJP-led coalition government in his home state. Kuncalienkar tendered his resignation to Speaker Pramod Sawant. "Parrikar had left it to the party to decide from where he should be contesting", he said.

Business Committee visits Los Angeles
Author: 0 Committee visits Los Angeles

With just four months to go until a September 13 vote in Lima that will decide the race, the IOC's Evaluation Commission will spend this week studying the fine detail of Los Angeles's bid before heading to rival Paris next week. The IOC's Evaluation Commission will hear a well-worn sales pitch during a three-day visit that will provide a firsthand glimpse at the LA2024 vision.

Business Trump hopes for 'terrific' peace deal in Middle East
Author: 0 Trump hopes for 'terrific' peace deal in Middle East

Critics say Trump's school-choice push could hurt public schools. Trump said he was committed to working with Israel and the Palestinians to reach an agreement but that any agreement could not be imposed by the United States . I also applaud the Palestinian Authority's continued security coordination with Israel. "We are the only remaining people in the world who still live under occupation", he added, eliciting no verbal or facial response from Trump .

Author: 0 Macron's challenge to mend France's fractured political landscape

In 2014, Macron became minister of economy, industry and digital data under President Francois Hollande. The National Front is also gearing up for a name change - if not a makeover of its ideas - after Le Pen's decisive loss. Two polls showed that En Marche would top the first round of the June 11-18 election. In contrast to 2002, Macron couldn't rely on the votes of the so-called "republican front".

Author: 0 OPEC Sees Much Higher Oil Supply From Rivals In 2017

West Texas Intermediate (WTI) crude oil prices are forecast to average $2 per barrel less than Brent prices in both 2017 and 2018, according to the report. Saudi Arabia notified several Asian refiners of its first cuts in crude allocations since OPEC's output reduction took effect in January. The news agency reported that state-owned Saudi Aramco will reduce oil supplies to its Asian customers by almost seven million barrels next month as it is likely to witness a surge in domestic power ...

Business Homeland Security considers banning laptops on flights from Europe to US
Author: 0 Homeland Security considers banning laptops on flights from Europe to US

The Daily Beast reports the ban includes flights from all European airports. "We'll likely expand the restrictions", David Lapan , a spokesperson for the Department of Homeland Security , told The New York Times . " Implementing additional security measures enhances our ability to mitigate further attempts against the overseas aviation industry ", DHS said on its website in April.

Business Boeing halts test flights of new plane over engine issue
Author: 0 Boeing halts test flights of new plane over engine issue

The four aircraft Boeing 737 MAX flight test fleet and more than 15 production aircraft destined for customer delivery will now undergo thorough inspection before being cleared for flights. "Out of an abundance of caution, we made a decision to temporarily suspend Max flights", Boeing spokesman Doug Alder said in an email. Shares of Boeing have fallen 1.3% to $183.12 at 3:48 p.m.

Business Teva Pharmaceutical Industries Ltd (TEVA) Upgraded to
Author: 0 Teva Pharmaceutical Industries Ltd (TEVA) Upgraded to "Hold" by Zacks Investment Research

Teva Pharmaceutical Industries Limited (NYSE:TEVA) yearly performance is -38.77% and net profit margin is 0.30%. The business is expected to announce its next quarterly earnings report on Thursday, May 11th. The stock of Tilly's Inc (NYSE:TLYS) has "Buy" rating given on Thursday, August 27 by TH Capital. This represents an increase of approximately 353% compared to the average daily volume of 3,333 call options.

Business Dakota Access pipeline leaked 84 gallons of oil in April
Author: 0 Dakota Access pipeline leaked 84 gallons of oil in April

The $3.8 billion (€3.5 million) oil pipeline sparked worldwide protests a year ago after the Standing Rock Sioux tribe said the pipeline would desecrate a sacred burial ground and that any oil leak would poison the tribe's water supply. But shortly after Donald Trump's inauguration, the new administration ordered the revival of the pipeline and worked to expedite the final stage of construction.

Business Mexico presses Trump to uphold NAFTA for good of both nations
Author: 0 Mexico presses Trump to uphold NAFTA for good of both nations

Mr Ross also said he hopes this week to resolve delays in Congress that will allow the White House to give formal notification of the intent to renegotiate the North American Free Trade Agreement with Canada and Mexico, which would start the 90-day clock before the talks could begin.

Business Analytical Preview of Yelp Inc. (YELP)
Author: 0 Analytical Preview of Yelp Inc. (YELP)

The stock has " Outperform " rating by RBC Capital Markets on Friday, November 13. With a total market value of $0, Yelp Inc has with a one year low of $23.66 and a one year high of $43.41. $268,085 worth of stock was sold by Stoppelman Michael on Tuesday, February 21. The disclosure for this sale can be found here. In the last quarter, insiders sold 39,284 shares of company stock worth $1,337,606.

Author: 0 Oil spikes as U.S. inventories tumble by more than expected

The industry group the American Petroleum Institute reported a fall in US crude inventories by 5.8 million barrels last week, which was more than the 1.8 million-barrel slide analysts predicted. The minister referred to a "semi - consenus" on the extension of production cut deal for a new six-month period during the coming Opec and non-Opec producers' meeting, due in Vienna on May 25.

Business General Election uncertainty hitting housing market, surveyors say
Author: 0 General Election uncertainty hitting housing market, surveyors say

Some 15 per cent more respondents saw new instructions drop in April, while new buyer enquiries were unchanged nationally, having failed to see any meaningful growth since November 2016. The balance of surveyors reporting that house prices have risen over the last three months was steady in April at +22 and slightly ahead of expectations for a nudge down to +20.

Author: 0 Comey refusal to preview Senate testimony inflamed Trump: aides

He was not doing a good job", Trump told reporters while sitting alongside Kissinger. "What he did, he brought back is reputation". Days before he was sacked, Comey requested more resources to pursue his investigation, US officials have said, fueling concerns that Trump was trying to undermine a probe that could threaten his presidency.

Business Stock to keep an eye on: Kohl's Corp. (KSS)
Author: 0 Stock to keep an eye on: Kohl's Corp. (KSS)

Yet another important factor while evaluating a good buy/sell decision for Kohl's Corp. A stock with a small float will generally be more volatile than a stock with a large float, apart from having limited liquidity and wider bid-ask spread.

Business An Under Armour display in a Kohl's store. Courtesy of Kohl's
Author: 0 An Under Armour display in a Kohl's store. Courtesy of Kohl's

In a statement chief executive Kevin Mansell said: "We are encouraged by the significant improvement in sales and traffic for the March and April period, after a weak February start to the first quarter". Kohl's Co.'s dividend payout ratio (DPR) is 61.16%. "( KSS ) Acquired by Cumberland Partners Ltd" was first posted by The Cerbat Gem and is the property of of The Cerbat Gem.

Author: 0 Comey sends farewell letter to friends and agents

Mr Comey , who testified for four hours before the Senate Judiciary Committee, said it made him feel " mildly nauseous " that his decision to make public his reopening of a probe into Mrs Clinton's handling of classified information might have affected the outcome of the 8 November presidential election.

Business Karnataka II PUC 2017 results out: Pass percentage drops from previous year
Author: 0 Karnataka II PUC 2017 results out: Pass percentage drops from previous year

Karnataka SSLC Results 2017 to be released on 12th May: The Karnataka Secondary Education Examination Board (KSEEB) has confirmed the result date of Senior School Leaving Certificate ( SSLC ) 2017. She also invited the minister for the announcement of the result . ■ Click on the notification on the home page for the Kerala SSLC results 2017.

Business China's narrow-body C919 jet makes maiden flight from Shanghai
Author: 0 China's narrow-body C919 jet makes maiden flight from Shanghai

Mohshin said much of China's aircraft technology started from Russian Federation, and the Tianjin factory has since given China's supply chain vital experience. The C919 incorporated parts from over 30 global suppliers such as Honeywell International Inc. The maiden flight brought congratulations from Boeing and Airbus which said it welcomes competition.

Author: 0 Energy shares lead world stock losses on volatile oil price

In the past day, oil prices have dropped; however, they have been trending lower since the beginning of May. "OPEC daily basket price stood at $47.44 a barrel Thursday, 4 May 2017, compared with $48.34 the previous day", the organisation said in a note to TheCable.

Business Trump may meet top Russian diplomat in White House
Author: 0 Trump may meet top Russian diplomat in White House

Russian Foreign Minister Sergey Lavrov (left) makes a brief appearance Wednesday at the State Department with Secretary of State Rex Tillerson. Via the TASS Russian News Agency , articles such as "Russian diplomat reproaches USA media for heavy bias during Lavrov's visit to U.S".

Business Coach acquires Kate Spade for $2.4 billion
Author: 0 Coach acquires Kate Spade for $2.4 billion

Kate Spade CEO Craig A Leavitt said that following a review of its strategic options, the deal with Coach would "maximize value for our shareholders and positions Kate Spade for long-term success". With 35% of the former's stores overlapping with Coach's locations, it also leaves room for closures in markets in North America, where the two retailers compete, but the numbers for such are seen as minimal.

Author: 0 Warren Buffett Says Berkshire Hathaway Stock May Start Paying Dividends

Buffett told shareholders that he blew it by not buying up stock in Google years ago. By comparison, the two stock-pickers at Berkshire, Ted Weschler and Todd Combs, manage about $20 billion between them and get paid $1 million a year in salary, plus bonuses based on the amount by which they beat the annual returns on the S&P 500 index.

Author: 0 Oil trades near five-month lows despite Saudi assurances on cuts

A man smokes outside the Hong Kong Stock Exchange, Friday, May 5, 2017. "It is now-or-never for oil bulls", said USA commodity analysis firm The Schork Report. Oil prices have come under pressure amid market jitters about how long it will take to cut back a global glut in supply. He said traders saw $45 as an important level because the Saudi oil minister said earlier this week that prices would be kept in the $45-55 range.

Author: 0 Snap CEO Evan Spiegel is not afraid of Facebook. Not. One. Bit

Snap Inc., parent company of Snapchat , reported a net loss of $2.2 billion (-$2.31 a share) during its first quarter as a public company, stemming mostly from stock-based compensation issued to employees for its initial public offering in March.

Business Tunnel collapse latest safety issue at nuclear site
Author: 0 Tunnel collapse latest safety issue at nuclear site

U.S. Energy Secretary Rick Perry says a hole that developed in the top of a nuclear waste storage tunnel in Washington state has been filled. The tunnels are hundreds of feet long, with about 8 feet (2.4 meters) of soil covering them, the U.S.

Business Cormann 'happy to have a drug test'
Author: 0 Cormann 'happy to have a drug test'

Mr Hartsuyker said under the demerit point system, welfare payments would be deducted if job interviews are skipped. If they fail more than one test, they will be referred to a medical professional. The Federal Government has used the budget to announce a major crackdown on drug-addicts and alcoholics languishing on the dole. . "The government speaks of 'mutual obligation, ' but what we have is a very one-sided, unmutual system, with lots of obligations on job-seekers, but few on the ...

Business Oil rises on falling U.S. stockpiles, Saudi cuts to Asia
Author: 0 Oil rises on falling U.S. stockpiles, Saudi cuts to Asia

Benchmark Brent crude settled up 24 cents, or 0.5 percent, at $49.34 a barrel. "U.S. oil and gas companies have already stepped up activities in 2017 as they start to increase their spending amid a recovery in oil prices", OPEC's Vienna-based research department said in the report.

Author: 0 North Korea Accuses US of Plotting Kim Assassination

In a news conference in Pyongyang, a man identified as Jon Yong Chol said he was paid by South Korean agents to blow up a Kim Il Sung monument using a remote-controlled bomb. It even offered to send North Korean relatives to the South to reunite with the workers, although Seoul rejected the highly unusual overture. A similar charge was laid against Pyongyang by Seoul in February following the murder of Kim Jong-Nam, allegedly at the hands of North Korean agents.

Business Parent company of WNEP to be acquired by Sinclair Broadcasting Group
Author: 0 Parent company of WNEP to be acquired by Sinclair Broadcasting Group

Sinclair is already the nation's largest owner of local television stations, broadcasting in more than a quarter of USA homes, and similarly has a "right-leaning agenda". In all, Sinclair said its stations will reach 72 percent of all USA households with a TV once the Tribune and Bonten deals close. The group will also gain 14 Fox affiliates, 12 CW, six CBS, three ABC, two NBC, three MyNetworkTV affiliates and two independent stations.

Business Snapdeal Flipkart deal: Softbank gets Nexus' nod to go ahead with merger
Author: 0 Snapdeal Flipkart deal: Softbank gets Nexus' nod to go ahead with merger

The payments company had earlier forecast seven million daily transactions and gross merchandise transactions of Rs 20,000 crore by the end of fiscal 2017. "(The) the highly competitive e-commerce market in India has made a trend of the company's business performance lower than initially anticipated", read the SoftBank report.

Author: 0 North Korea Accuses CIA, South Korea of 'Bio-Chemical' Assassination Plot

The report claimed a North Korean citizen was involved in the plot, using "biochemical substances including radioactive substance and nano poisonous substance" to target Kim. The Trump administration has repeatedly warned "all options are on the table" regarding North Korea. He's talking tough, saying in an interview that the US and North Korea could be heading toward a "major, major" conflict with North Korea, though adding he prefers a diplomatic solution.

Author: 0 Snapchat reports mere 166 million daily users, growth nosedives!

The newly public company plummeted by 23% to $17.75 a share on the first day of regular trading after a disappointing earnings report that saw user growth slow to its lowest pace in years. Spiegel was granted an additional 37.4 million shares upon conclusion of the IPO . Indeed, eMarketer projects that most of the Snapchat's usage gains in the United States going forward will come from older users.

Business Trump ready to end NAFTA if he can't renegotiate
Author: 0 Trump ready to end NAFTA if he can't renegotiate

Then in early April, as the "globalist" forces in the White House gained power, reports circulated that, actually, Trump was simply going to renegotiate the deal with Mexico and Canada. The highest-ranking Texas Republican in Congress, U.S. Senate Majority Whip John Cornyn , encouraged caution. Trump's consent to keep the United States in NAFTA, at least for a while, "probably reflects increasing voices from the business community that these trade policies have been good", Professor ...

Author: 0 China's first domestically-designed airliner makes its maiden flight

With the offer of low-interest loans, China can encourage its state-controlled airlines to purchase the C919 or a smaller homegrown regional jet, according to Levine. The C919 is now scheduled to enter commercial service in 2020 with launch customer China Eastern Airlines. Airbus has five joint ventures in China, including a factory that assembles A320s in Tianjin, a port city near Beijing, that opened in 2008.

Author: 0 Serial killer suspect went undiscovered for more than a year

On Monday, authorities in Arizona announced that they had arrested a 23-year-old man in what came to be known as the Serial Street Shooter case. After testing the fourth of the eight guns, they got a hit and a suspect, connecting the gun to Leslie Merritt Jr., a 22-year-old landscaper who had sold it to a pawn shop.

Author: 0 Barclays PLC (BARC) Earns "Hold" Rating from Shore Capital

The stock's market cap is GBX 8.44 billion. The Company's segments include Barclays UK and Barclays International. It has a 25.75 P/E ratio. Several equities analysts recently issued reports on ANTO shares. The Weir Group PLC is a United Kingdom-based company, which is engaged in engineering businesses. The principal activity of the Company is the provision of independent advice and services to clients by way of the provision of escrow and assurance services.

Business United reaches 'amicable' settlement with doctor dragged off flight
Author: 0 United reaches 'amicable' settlement with doctor dragged off flight

The 69-year-old's lawyers announced the deal Thursday, less than three weeks after the April 9 incident in which he was violently dragged off of an overbooked flight at Chicago's O'Hare International Airport. However, he acknowledges that the attention around the United incident had prompted Southwest to move ahead with dropping overbooking. United's response in the immediate aftermath was widely criticized.

Business What Analysts Think of Kohl's Corporation (NYSE:KSS)?
Author: 0 What Analysts Think of Kohl's Corporation (NYSE:KSS)?

Wall Street analysts covering the stock are projecting that the stock will reach $42.86 within the next 52-weeks. Currently, the market capitalization of Kohl's Corp. Earnings per share significantly increased to $0.39 from $0.09 in the prior year. Barclays Public Limited Company holds 0.02% of its portfolio in Kohl's Corporation (NYSE:KSS) for 292,675 shares.

Author: 0 Dollar edges down, European inflation data lift euro

First quarter GDP was quite weak and now all eyes will be on Friday's non-farm payrolls. A statement from the Federal Reserve said: "In view of realized and expected labor market conditions and inflation, the Committee made a decision to maintain the target range for the federal funds rate at 3/4 to 1 percent".

Author: 0 United CEO Oscar Munoz Got Grilled By DC Lawmakers

If airlines don't make changes, it will prompt congressional action and "I can assure you, you will not like the outcome". Chief Executive Officer of United Airlines Oscar Munoz speaks in NY in 2016. Airline representatives apologized for problems, but said some were beyond their control. United moved to head off criticism last week by reaching a confidential settlement with Dao and issuing new policies created to prevent customer- service failures.

Author: 0 Buffett calls health bill a giveaway to wealthy

Alpern said more than 300 other companies have already adopted the approach she's pushing for, and she appreciates having the resolution process to press the issue. Nonetheless, the "hatred" pervading American politics could impede any such agreement between Democrats and Republicans, Munger said on CNBC . Buffett often calls on the USA to do more to help the working class and has said the tax system is tilted to benefit rich people like him, a point he pressed on Saturday.

Business Sinclair Broadcast Group acquires Tribune Media
Author: 0 Sinclair Broadcast Group acquires Tribune Media

Should Sinclair's acquisition of Tribune close-and the uncertainty over that issue could persist, as the FCC is still reviewing its ownership policies-the company would equal Salem Media as the most prolific United States corporate player in this space in the past seven-plus years.

Business Norman Powell is the Toronto Raptors' x-factor this postseason
Author: 0 Norman Powell is the Toronto Raptors' x-factor this postseason

The Bucks as a team scored 103.6 points per game and allowed just over 103.7 points per game. Rebounding from a 2-1 series deficit and an embarrassing 27-point loss in Game 3, the Raptors will face Cleveland a year after losing to the Cavaliers in the Eastern Conference finals in six games.