Author: 0 Wal-Mart's online sales surge, tops 1Q expectations

Walmart's $3 billion acquisition of the online retailer Jet .com also helped the company boost e-commerce sales. Revenue was $16 billion, beating the analyst forecast of $15.6 billion. "Wal-Mart's long string of investments in labor and e-commerce, including acquisitions, are enabling modest market share gains", John Zolidis, director equity research with the Buckingham Research Group said.

Author: 0 US sanctions 8 Venezuelan Supreme Court judges

U.N. High Commissioner for Human Rights Zeid Ra'ad Al Hussein said he hoped the passport revocation was not a "reprisal" linked to his scheduled meeting with Capriles on Friday. Instead of traveling, he said he would return to Caracas to join in ongoing protests Thursday. "More will come until they change their ways, just as the Venezuelan people expect them to and the constitution requires them to".

Business In light of Flynn revelations, Mike Pence has some explaining to do
Author: 0 In light of Flynn revelations, Mike Pence has some explaining to do

The appointment of a special counsel to probe ties between Russian Federation and Trump's campaign and associates has turned up the heat for everyone in Trump's orbit. If Pence was out of the loop, he was dangerously incompetent at his job. Pence could argue that Trump technically did accept the recommendations of the Justice Department.

Author: 0 Former PM John Howard slams Scott Morrison over bank tax

Labor said the government's "package of half measures" was no substitute for a royal commission. The budget deficit will be $29.4 billion in 2017-18, improving to a surplus of $7.4 billion by 2020-21. The government will impose a 0.5 per cent rise in the Medicare Levy in two years' time to fully fund the $6 billion gap in the NDIS funding. Running parallel to the Government's nation-building programs is the concentration on health, with a $10 billion spending increase over four years, in ...

Business Sweden drops Julian Assange rape investigation
Author: 0 Sweden drops Julian Assange rape investigation

Assange has always denied the allegations against him, claiming the sex was consensual and that the case was politically motivated to get him extradited to the USA as it followed massive Wikileaks dumps of secret U.S. In April 2017, officials told CNN the Department of Justice was preparing charges for Assange related to the document leaks. Swedish prosecutor Marianne Ny said the case was not dropped because of lack of evidence, but rather due to a lack of success in capturing Assange.

Business Oil prices soar as KSA, Russia back extension of output cut
Author: 0 Oil prices soar as KSA, Russia back extension of output cut

OPEC members agreed in November to cut 1.2 million barrels a day of oil production. The May 25 meeting is when a final decision will be made on the nine-month extension. In a joint statement to journalists on Monday, Khalid al-Falih, Saudi's energy minister and Alexander Novak, said they would do whatever it took to curb oversupply.

Author: 0 Trump decries 'single greatest witch hunt' in United States history

In an atypical move Thursday, a sitting president publicly criticized a law enforcement matter decided by his own Justice Department. On Wednesday, the president predicted that the probe would "confirm what we already know - there was no collusion between my campaign and any foreign entity".

Author: 0 Merkel Pivots to General Election With Boost From Regional Votes

Chancellor Merkel's party has beaten its rival Social Democrats in their stronghold in North Rhine-Westphalia, projections showed. For Merkel, it's a vindication of her two-prong approach in North Rhine Westphalia. She also urged voters to look at her government's economic record - with 7.5 percent unemployment, the state fares worse than the national rate of 5.8 percent, she said.

Business More than 100 tons of hot dogs recalled over possible metal contamination
Author: 0 More than 100 tons of hot dogs recalled over possible metal contamination

Check those hot dogs before they hit the grill! There has reportedly been complaints about metal objects found in both Nathan's and Curtis brand franks which were produced on January 26. There have been no confirmed reports of adverse reactions or injury due to eating the recalled products. Anyone concerned about an injury or illness should contact a healthcare provider.

Business Varadkar officially launches his Fine Gael leadership campaign
Author: 0 Varadkar officially launches his Fine Gael leadership campaign

Mr Varadkar is now leading in the contest against his party colleague, Cork minister Simon Coveney, despite the fact that he will not formally launch his campaign until tomorrow. While Fine Gael members have the power to pick the new leader of their party, Dáil TDs (Irish MPs) must then vote on whether or not they become taoiseach.

Business Trump reports weigh on global stocks and the dollar
Author: 0 Trump reports weigh on global stocks and the dollar

At 9:46 a.m. Central (1446 GMT), the Dow Jones industrial average was down 234.47 points, or 1.12 percent, at 20,745.28, the S&P 500 was down 24.18 points, or 1.01 percent, at 2,376.49 and the Nasdaq Composite index was down 83.65 points, or 1.36 percent, at 6,086.22.

Business Turkey calls for ouster of U.S. envoy for anti-IS coalition
Author: 0 Turkey calls for ouster of U.S. envoy for anti-IS coalition

House of Representatives Foreign Affairs Committee Chairman Ed Royce, a California Republican, called on Attorney General Jeff Sessions and Secretary of State Rex Tillerson "to hold individuals accountable" for the attack. lawmakers. "We are communicating our concern to the Turkish government in the strongest possible terms", State Department spokeswoman Heather Nauert said in a statement on Wednesday.

Business White House Announces US Embassy Will Not Move to Jerusalem - For Now
Author: 0 White House Announces US Embassy Will Not Move to Jerusalem - For Now

President Donald Trump's popularity among Israel's Jews has fallen dramatically since his inauguration in January. What fun it would be to see the guys from CNN reporting live from the ceremony in Oslo - if, that is, Trump survives his mounting pile of scandals, and American democracy is unable to defend itself against him.

Author: 0 Russians 'bragged they could use Flynn to influence Trump'

CNN reported that, according to its sources, Flynn also told Kislyak the incoming Trump administration would take another look at sanctions once in office. The White House has not responded to a request for comment on the matter. His financial ties to Turkish government interests, which paid him $530,000 in a lobbying deal that he failed to disclose during the campaign, are also under scrutiny by federal investigators.

Author: 0 Iran: Rouhani leads initial count; over 70 percent turnout

With the votes from 99.7% of ballot boxes in the nationwide presidential election counted, Rouhani emerged victorious and secured a second term by winning 57 percent of the votes, Interior Minister Abdolreza Rahmani Fazli announced at a press conference on Saturday.

Author: 0 No serious impact in India due to ransomware: Ravi Shankar Prasad

Security experts believe that WannaCry has initially infected computers by getting people to download it via email . A modified version of the exploit was used to carry out the ransomware attack that hit machines in more than 150 countries, including those at hospitals and major corporations.

Business Frenchmen claim cure for WannaCry-infected computers
Author: 0 Frenchmen claim cure for WannaCry-infected computers

Since increasing numbers of systems running older versions of Windows were affected, Microsoft had made a decision to push an emergency patch for Windows XP and Windows Server 2003, urging users to deploy the patch as soon as possible to limit the impact of WannaCry.

Author: 0 Melania Trump skips headscarf as she arrives in Saudi Arabia

After spending much of Saturday meeting with King Salman and other members of the royal family, Trump was to end the day at a banquet dinner at the Murabba Palace. Leaders in the Gulf are also eager to hear Trump's plan for combating what they regard as Iran's destabilizing presence in Iraq, Syria and Yemen. After meeting Israeli Prime Minister Benjamin Netanyahu in Jerusalem, Trump will see Palestinian president Mahmoud Abbas in Bethlehem, part of his efforts to revive the long-stagnant peace ...

Business Oil futures extend gains as traders price in Opec cuts
Author: 0 Oil futures extend gains as traders price in Opec cuts

After settling on Wednesday at their highest levels in almost a month, light, sweet crude futures for delivery in June were recently down 0.3% at $48.91 a barrel in the Globex electronic session. The Organization of the Petroleum Exporting Countries and other producers including Russian Federation pledged to cut output by nearly 1.8 million barrels per day (bpd) in the first half of 2016, a deal likely to be extended until the end of March 2018.

Business Sweden drops investigation into Julian Assange rape allegations
Author: 0 Sweden drops investigation into Julian Assange rape allegations

Assange made a rare appearance on the balcony of the central London building to hail the decision by Sweden's director of public prosecutions as an "important victory". Working Group on Arbitrary Detention, which in February 2016 said Assange was effectively "arbitrarily detained" by Sweden and Britain and called for the arrest warrant to be annulled.

Business Dollar slides on Trump concern, but stocks rise
Author: 0 Dollar slides on Trump concern, but stocks rise

Investors are confident that a widely expected big win for British Prime Minister Theresa May on June 8 will give her more room for manoeuvre in Brexit talks. The Dow Jones Industrial Average rose 141.82 points, or 0.69 percent, to 20,804.84, the S&P 500 gained 16.01 points, or 0.68 percent, to 2,381.73 and the Nasdaq Composite added 28.57 points, or 0.47 percent, to 6,083.70.

Business Area police descend on Dunkin' Donuts
Author: 0 Area police descend on Dunkin' Donuts

Friday. Previous year brought in about $1,500. Special Olympics athletes and their families will join police officers and rise to the occasion to show their support. "There have not been as many people out this year because of the weather, but everyone we've met has been very friendly and supportive", Baumgartner said.

Business Macron poised to launch next stage of his French 'revolution'
Author: 0 Macron poised to launch next stage of his French 'revolution'

It was the first time the men had appeared in public together since Macron resigned in August 2016 as Hollande's economy minister to run for president - a decision that was received coldly by the French leader at the time. I want Emmanuel Macron, his government and his majority to succeed, for France. "I will say things clearly: my only ambition is to serve my city and my region and not to enter the government", Estrosi later told reporters.

Business Wall Street caps Trump-induced stocks selloff; dollar ticks up
Author: 0 Wall Street caps Trump-induced stocks selloff; dollar ticks up

US share futures and the dollar slipped in early Asian trade on Wednesday after reports that President Donald Trump asked then-FBI Director James Comey to end a probe into his former security adviser. Elsewhere in Europe, thin trading and the murky USA political outlook dragged down stocks, with the Paris CAC shedding 0.5 percent and Frankfurt's DAX down 0.4 percent.

Author: 0 US, China Reach Preliminary Trade Agreements on Beef, Poultry

It will increase the demand for US beef . US credit rating services , electronic payment services and bond underwriting businesses are now allowed into the Chinese market. The new arrangements include an agreement from China to allow imports of USA beef , on certain conditions, by July 16. All China did was save the initiation of imports for the next administration.

Author: 0 Michael Flynn's Contradictory Line On Russia

On Wednesday news broke that the Trump transition team knew Flynn was under investigation but allowed him to have the role of National Security Adviser with access to top secret and classified information, despite the ongoing investigation.

Author: 0 Iran election: Preliminary results show President Hassan Rouhani set for second term

Female voters queue at a polling station. An Iranian voter casts her ballot. The Guards hope that a win for Raisi will give them an opportunity to claw back economic and political power lost in Shi'ite Iran's complex theocratic and republican governing structure since 2015, when Iran struck a nuclear deal with world powers that brought it out of worldwide isolation.

Author: 0 MB Financial Inc. (NASDAQ:MBFI) Valuation According To Analysts

Sowell Financial Services LLC bought a new position in Regions Financial Corp during the fourth quarter valued at about $109,000. Teachers Advisors LLC boosted its position in Carolina Financial Corp by 17.8% in the first quarter. Royal Bank of Canada reiterated a "hold" rating and set a $15.00 target price on shares of Regions Financial Corp in a research report on Thursday. The firm has "Mkt Perform" rating by Keefe Bruyette & Woods given on Monday, November 7.

Business OPEC panel looking at deepening, extending oil cuts
Author: 0 OPEC panel looking at deepening, extending oil cuts

Several non-members, including Russian Federation, agreed in December to contribute a combined 600,000 barrels a day of output reductions. OPEC and other producers are due to discuss an extension during an OPEC meeting on Thursday. oil is headed towards Asia. Crude was up 67 cents to $49.32/bbl as of 9:48 a.m. CT (14:48 GMT), though prices are still 8% below April's peak of $53.76/bbl.

Business Wal-Mart Tops 1Q Profit Forecasts
Author: 0 Wal-Mart Tops 1Q Profit Forecasts

It was something of a standout quarter relative to most other retailers' reports, as Amazon .com, Inc. On Wednesday, Target reported an 8 percent increase in profit, although its same-store sales fell 1.3 percent. It has asked vendors to offer grocery prices that are 15 percent lower than competitors. "I think it's fair to say that Wal-Mart is coming from behind online", said Neil Saunders, managing director of the research firm GlobalData Retail.

Business Wal-Mart Makes Money, Does Better
Author: 0 Wal-Mart Makes Money, Does Better

Walmart's $3 billion acquisition of the online retailer Jet .com also helped the company boost e-commerce sales. Wal-Mart Stores on Thursday reported another quarter of positive same-store sales growth in the us and better-than-expected earnings, suggesting its price-and-service investments were gaining additional traction despite a rough environment for growth.

Author: 0 Tornadoes in Wisconsin, Oklahoma leave two dead

ELK CITY Leaders with the Baptist General Convention of Oklahoma (BGCO) and its Disaster Relief (DR) organization were in Elk City on Wednesday, meeting with other emergency management leaders to talk about tornado relief efforts. That's just north of Eau Claire. A 46-year-old man was killed at the trailer park and at least 25 other people were injured, according to the Barron County Sheriff's Department.

Author: 0 Iran's Rouhani wins 2nd term by a wide margin

The 56-year-old cleric said Rowhani's long-praised nuclear deal with six world powers - which set up worldwide controls over Iran's nuclear programme in return for the end of 10 years of economic sanctions - had brought nothing for Iran. At recent rallies, his supporters chanted the names of reformist leaders under house arrest since 2011 for their part in the protests. A run-off would be held a week later if none of the candidates wins a majority, which is at least 50 percent plus one vote.

Business Jose Mourinho says Man United youngsters not ready
Author: 0 Jose Mourinho says Man United youngsters not ready

Allardyce, who said he acted like a "f*****g idiot", left the job two weeks before he would have led England out for his first match at Wembley, against Malta in October past year. "It was Wembley and I hadn't even had the opportunity to get a game under my belt there". Both teams have goals in them and it is more than likely that Palace will score and you would also expect United to score at home.

Author: 0 Jason Chaffetz Leaving Congress June 30th

Sitting next to his wife, Julie, and their dog, Ruby, Chaffetz said after almost eight in years in Congress, he wanted a change. Speculation that Chaffetz might be absconding to hide a scandal-which Chaffetz flatly dismissed-soon gave way to whispers that the camera-friendly congressman might be headed to Fox News .

Author: 0 USA military jets escort civilian plane into Honolulu airport

The airline said its plane landed safely at 11.35 am Hawaii time (10pm Friday GMT). American Airlines said its Honolulu-bound flight, an Airbus A321, was carrying 181 passengers and six crew members. The Basdens say everything was fine until midway through the flight. A flight attendant had blocked the doorway with her serving cart. "She jammed the cart in that the doorway and she just said, 'You're not coming in here, '" Lee Lorenzen said.

Author: 0 Trump reportedly told Russians Comey is 'nut job,' said firing relieved 'pressure'

They have, however, also jumped in with both feet on nearly any anonymous story linking this administration with Russia, spreading tales of electrical grids being hacked and breathlessly repeating reports "proving" Russian interference in United States elections, many of which have been found to be totally without merit.

Author: 0 China reports progress on South China Sea code of conduct

The joint statement also said that the bilateral consultation mechanism was useful to manage the issues in the South China Sea and to explore other areas of cooperation. China was enraged by a ruling previous year from a Hague tribunal invalidating most of its South China Sea claims in a case brought by the Philippines.

Author: 0 OPEC wants 'collective efforts' to counter United States oil output

Crude prices surged back above $47 to settle higher, as investors' jitters concerning rising levels of US oil output eased, after the EIA revealed a bullish inventories report. Global benchmark Brent crude, according to Reuters news agency, settled up $1.49 a barrel, or 3 per cent, to $50.22 a barrel. Oil prices have plummeted from around $100 a barrel in 2014 to less than $50 now after a spike U.S.

Business Hudco makes strong debut on bourses
Author: 0 Hudco makes strong debut on bourses

HUDCO's pre-open indicative price stood at Rs 73.45, as against issue price of Rs 60. Some investors, however, are concerned that the stock market is over-valued, especially as the benchmark BSE index has risen to record highs four out of the last five sessions.

Business Body dumped in ditch during theft of hearse
Author: 0 Body dumped in ditch during theft of hearse

Owner Travis D. Stackhouse was out of town on vacation and was unavailable for comment. The brother said late Friday morning that he didn't know if the family of the deceased person had been notified about the incident. Albrecht faces an additional misdemeanor charge of abusing a corpse. Crow has been arrested in Brazos County at least 14 times before Friday, including four times this year alone.

Author: 0 Crude Oil Pulls Up Short Of USD50

United States bank Goldman Sachs said the deal "will likely further extend the oil price rebound. although the rally so far. has remained modest compared to the move that occurred a year ago when the Opec cuts were first announced". The largest of the 24 producers that agreed to a deal to cut supply for six months starting in January are reaffirming their commitment to the agreement amid growing doubts over its effectiveness so far.

Author: 0 OPEC calls for 'collective efforts' to counter USA oil boom

While prices surged immediately after the agreement, in recent weeks they have come under sustained pressure as US production has ramped up. Oil was also supported by a larger than expected fall in USA crude inventories last week, down 5.8 million barrels compared with analysts' expectations for a 1.8 million barrels decline, according to industry group the American Petroleum Institute.

Author: 0 Trump claims witch hunt, says he's most hounded leader ever

In addition, Comey wrote a memo detailing Trump's comments to him in February saying "I hope you can let this go", referring to the Flynn probe, a source who saw the memo said on Tuesday. On Thursday, less than an hour after McCaskill and Durbin divulged what they heard from Rosenstein, Trump again raised Rostenstein's memo critical of Comey.