Business

Business Uber President Reportedly Quits as Executives Continue to Flee
Author: 0 Uber President Reportedly Quits as Executives Continue to Flee

Yet, Jones had a rough few months on the job, including a disastrous Q&A with drivers that did little more than stoke the flames of ire directed toward the company. Uber has also been sued by its investor, Google, for allegedly using stolen technology and had details of a program created to deceive government authorities published in the last two weeks.

Business AAP govt used Rs 29 crore in ads outside Delhi: CAG report
Author: 0 AAP govt used Rs 29 crore in ads outside Delhi: CAG report

In what is a massive embarrassment for Air India, the Controller and Auditor General of India (CAG) has rapped it for understating losses to the tune of Rs 6,415 crore in three years from 2012. The report, which the government will use to evaluate the progress of Air India's restructuring, said Air India failed to meet its cash-credit limits, leading to short-term loans rising to 145.51 billion rupees ($2.18 billion) as on March 31, 2016 against the target of 36.46 billion rupees.

Business AARP: Health Plan Would Raise Costs for Older Americans
Author: 0 AARP: Health Plan Would Raise Costs for Older Americans

Anderson fears some children could lose health care coverage under the GOP proposal. The legislation, now making its way through the House, has been widely criticized. She pays $31.38 a month for her plan's premium. Under the ACA, states were offered the chance in 2014 to expand eligibility to more people. But negative reaction to the GOP plan is proving that the more important promise, frequently repeated by President Trump, is to provide coverage to all.

Business No Red Beacon Vehicles for Punjab Ministers: Capt Amarinder Singh
Author: 0 No Red Beacon Vehicles for Punjab Ministers: Capt Amarinder Singh

The congress government in Punjab led by Amarinder Singh made a decision to provide 33 per cent reservation for women in all government jobs. The newly-elect Congress-led Punjab government has chose to put an end to the VIP culture of using red beacon atop vehicles by state ministers.

Business Hardline priest sworn in as head of India's Uttar Pradesh state
Author: 0 Hardline priest sworn in as head of India's Uttar Pradesh state

Often caught in controversy because of his speeches, Adityanath, who heads the Gorakhnath Mutt, allegedly led a "purification" drive for conversion of Christians to Hinduism in 2005. "It could be intervention by the RSS", one BJP leader said. Adityanath's appointment indicates that BJP is interested in developing another rung of Thakur leadership - a caste that decides elections in several states.

Author: 0 G20 ministers struggle to find consensus on trade, climate

The threat of economic protectionism and border taxes from the White House have anxious countries that rely on the USA for trade. The formal statement issued after the meeting contained only a bland reference to "working to strengthen the contribution of trade to our economies".

Business Chuck Berry: Music stars pay tribute to rock 'n' roll icon
Author: 0 Chuck Berry: Music stars pay tribute to rock 'n' roll icon

Berry's fantastic string of hits - " Johnny B. Goode ", " Roll Over Beethoven ", " Maybellene " and many many more - helped define the rock "n" roll sound in the '50s and '60s. He was an ornery critter but very savvy and smart after being screwed over many times by "the bad guys" in the music business. And Lenny Kravitz acclaimed Berry as the figure who made rock and roll possible.

Author: 0 G20 financial leaders acquiesce to USA, drop free trade pledge

Since taking office, he has withdrawn the USA from a trans-Pacific free trade pact and attacked export giants China and Germany over their massive trade surplus. The draft of final joint communique of meeting, which gathered G20 finance ministers and central bank chiefs, has been agreed and includes provisions on worldwide trade, German Finance Minister Wolfgang Schauble said on Saturday.

Author: 0 U.S. says global trade must be fair as well as free

Finance ministers from the world's biggest economies on Saturday failed to get the U.S. to renew an anti-protectionist pledge and a vow to fight climate change, in the face of Donald Trump's "America First" push. During the meeting in Baden-Baden, European countries and China were said to be pushing for a stronger stance in favour of free trade and cooperative, multi-country frameworks for trade such as the World Trade Organisation.

Author: 0 Mnuchin at G-20: United States wants free but fair and balanced trade

While US Treasury Secretary Steven Mnuchin was in Baden-Baden calling for the watering down of the G20's long-standing commitment to open markets, Trump was in Washington blasting previous trade deals. But he asserted that the U.S. has been treated "very, very unfairly by many countries over the years" and pointed to Germany as having done "very well in its trade deals with the United States".

Business Cliffs Natural Resources Inc (NYSE:CLF), Facebook Inc (NASDAQ:FB)
Author: 0 Cliffs Natural Resources Inc (NYSE:CLF), Facebook Inc (NASDAQ:FB)

Mar 9, 2017 is the announcement. The share price is now down -8.66% for the past three months. Therefore 20% are positive. Several sell side analysts reviewed their recommendations on Cliffs Natural Resources Inc. The Company's divisions include U.S. HBK Investments L P now owns 1,840,700 shares of the mining company's stock valued at $10,768,000 after buying an additional 1,681,805 shares during the period.

Business All UP JCPenney stores set to close by June
Author: 0 All UP JCPenney stores set to close by June

The JCPenney corporation is closing 138 stores nationwide, including seven in MI, but the Taylor location will remain open according to the company. JCPenney stores in Dunkirk, Massapequa and West Nyack will be closing. Ellison, chairman and chief executive officer of JCPenney. "We understand that closing stores will impact the lives of many hard working associates, which is why we have made a decision to initiate a voluntary early retirement program for approximately 6,000 eligible ...

Author: 0 G-20 grapples with differences on trade

When U.S. Treasury Secretary Steven Mnuchin left the Group of 20 meetings in Germany this weekend, the worst that delegates had to say about him was that he'd been sent a little unprepared. resistance - for keeping a reference to "rules-based" trade in the final communique, while Germany pushed for a compromise solution referring only to "fairness".

Business MTA Fare And Toll Hikes For Subways, Buses, Tunnels In Effect
Author: 0 MTA Fare And Toll Hikes For Subways, Buses, Tunnels In Effect

The price for unlimited ride passes, however, will see slight increases: 30-day passes will increase from $116.50 to $121, and seven-day passes will go up to $32 from $31. Starting Sunday, monthly and weekly Metro-North riders on the Harlem, Hudson and New Haven lines saw an increase of up to 3.75 percent. Some one-way fares will increase up to 50 cents a ride.

Author: 0 G20 hits America First, climate change speed bumps

If the the finance ministers fail to forge a consensus on trade, then they may be forced to hand the issue over to the G20 leaders who meet in a summit in July in the northern German port town of Hamburg. He also has started the process to renegotiate the North American Free Trade Agreement with Mexico and Canada. Wolfgang Schaeuble, the finance minister of host country Germany, sought to play down any disagreements.

Business Forex - Dollar holds onto modest gains, but remains near 5-week trough
Author: 0 Forex - Dollar holds onto modest gains, but remains near 5-week trough

The yen was off 0.1 percent Thursday at 113.48 per dollar after advancing 1.2 percent, while the euro held little changed at $1.0735 after climbing 1.2 percent. "Shares remain vulnerable to a short-term pull-back as investor sentiment toward them is very bullish and a lot of good news has been factored in - but there is a risk that any pullback may not come until seasonal weakness kicks in around May", Shane Oliver, head of investment strategy at AMP Capital, wrote in a note.

Author: 0 G-20 Drops Anti-Protectionist Pledge as Trump Stance Goes Global

US President Donald Trump's tough talk on trade paid off Saturday when ministers from 20 world powers meeting in Germany agreed to abandon their tradition of championing free trade and rejecting protectionism. China and European countries had pushed for a stronger affirmation of cross-border trade without tariffs or barriers. Then, when given the floor, French Finance Minister Michel Sapin yielded to the European Commission's representative to speak on behalf of the Europeans.

Business What are Analysts report about: US Bancorp (NYSE:USB)
Author: 0 What are Analysts report about: US Bancorp (NYSE:USB)

Bancorp during the second quarter valued at about $5,566,000. Sunbelt Securities Inc. bought a new stake in U.S. Bancorp during the fourth quarter valued at $142,000. Finally, Royal Bank Of Canada boosted their price objective on U.S. Bancorp from $47.00 to $48.00 and gave the company an "outperform" rating in a research report on Thursday, October 20th.

Business Trump Asks DC Circ. For Power To Fire CFPB Chief
Author: 0 Trump Asks DC Circ. For Power To Fire CFPB Chief

The Department of Justice has filed a court motion to weaken the Consumer Financial Protection Bureau, an agency formed after the 2008 banking crisis, claiming the agency's structure is unconstitutional. The case was brought by PHH Corp., which the agency had penalized for referring customers to mortgage insurance companies in exchange for kickbacks. But the panel didn't rule that the agency must be dissolved, or that CFPB Director Richard Cordray must be fired.

Business Trump's Budget Is A First Volley At The Bureaucratic State
Author: 0 Trump's Budget Is A First Volley At The Bureaucratic State

Rutgers researchers stand to take hits from the proposed cuts at the National Institutes of Health and Trump's proposal to entirely eliminate funding for the National Endowment for the Humanities, would also hurt Rutgers and the New Jersey State Council on the Arts, which distributed grants to state arts organizations, including Paper Mill Playhouse and the New Jersey Symphony.

Author: 0 China to build on disputed shoal in South China Sea

Duterte, however, in his bid to mend Manila's ties with Beijing and steer his country away from Washington, a year ago decided against invoking the ruling, pledging to revisit the issue later during his term. "Iyong right of passage niya, anybody can". But Mr Duterte said: "So what if they stop there?" Last July, the Hague delivered a harsh rebuke to China for its activities in the South China Sea, including the construction of artificial islands in the Spratly archipelago.

Business US Dollar Index Fell despite the Fed's Interest Rate Hike
Author: 0 US Dollar Index Fell despite the Fed's Interest Rate Hike

Although 14 of the FOMC members expected a total of at least rate increases by the end of 2017, there was no significant upward revision to longer-term Fed Funds projections. The daily chart of the USA dollar index looks bearish in the short term, but in longer term the picture is not clear yet - the underlying uptrend is still intact and we should look at the DXY's behavior around the psychological level of 100 this week.

Author: 0 Sheridan JCPenney among 138 store closures nationwide

JCPenney joins a list of traditional retailers scaling back brick-and-mortar stores. The JCPenney store in Sheridan will be among 138 locations the retailer plans to close amid tough competition from online sales. Associates who will be impacted by the store and distribution center closures will receive separation benefits, which includes assistance identifying other employment opportunities and outplacement services such as resume writing and interview preparation.

Business Maharashtra presents farm-friendly budget for 2017
Author: 0 Maharashtra presents farm-friendly budget for 2017

Last year, in the Budget 2016-2017, revenue income was estimated at Rs 220,810 crore, but he said it was likely to touch Rs 220,011 crore, leaving a deficit of Rs 799 crore. Value-Added Tax on Gas & Electricity incinerators reduced from 13.5% to 0%. Amid protests from the Opposition members, Fadnavis said the government was planning to introduce more schemes for farmers.

Business Trader's Round Up: Steel Dynamics Inc. (STLD)
Author: 0 Trader's Round Up: Steel Dynamics Inc. (STLD)

They now have a Dollars 44 price target on the stock. These analysts and investment firms use various valuation methods to decide a price target for a stock. All of these Earnings estimates are a consensus recommendation of 12 Analysts. The company beat the analyst EPS Estimate with the difference of $0. During the same quarter in the previous year, the firm earned $0.09 earnings per share.

Author: 0 No indication Trump Tower was surveilled, intel senators say

Notably, the president has previously described precisely this kindof article - a report by the "failing" New York Times , based on anonymous sources, insinuating a connection between Trump and Russian Federation - as "fake news" that should not be believed.

Author: 0 Spotlight on currency volatility, cyber crime and climate change

Chinese Finance Minister Xiao Jie said his country would "unswervingly oppose trade protectionism". "I understand what the president's desire is and his policies and I negotiated them from here, and we couldn't be happier with the outcome", he said.

Author: 0 Brazil meatpackers accused of selling 'rotten' beef, chicken

Three meat processing plants have also been closed and another 21 are under scrutiny. The companies accused export vast quantities of meat to Europe with Brazil being the world's largest red meat exporter. JBS and BRF issued separate statements denying any wrongdoing and said they comply with regulations. The report said that police uncovered about 40 cases of meatpacking companies who bribed inspectors in exchange for overlooking unsanitary practices at the facilities.

Author: 0 G20 Economies Struggle with US 'Protectionism'

The administration of President Donald Trump is calling for the Group of 20 to drop its long-standing commitment to free trade and opposition to protectionist policies. The gathering will help set the tone for worldwide commerce and finance and will give Mnuchin a chance to clarify what the US position is. The finance ministers' meeting will pave the way for a July 7-8 summit of national leaders in Hamburg, Germany.

Business US Treasury urges Congress to increase debt limit
Author: 0 US Treasury urges Congress to increase debt limit

The borrowing limit had been suspended since November 2015, allowing the government to borrow as much as needed to meet obligations. The Treasury Department said last week it will embark "extraordinary measures" to meet its debt obligation if the debt ceiling goes into effect.

Author: 0 G20 statement drops anti-protectionism, climate change clauses

At a meeting of policymakers from the Group of 20 major economies around the world on Friday and Saturday, they were forced to drop their long-standing commitment "to resist all kinds of protectionism" in their communiqué because of USA opposition.

Business Jat agitation: Delhi metro rail services to be hit
Author: 0 Jat agitation: Delhi metro rail services to be hit

Police and civil officers in the districts held meetings with officers of paramilitary forces ahead of the Jat protest moving to Delhi. Police imposed prohibitory orders and major traffic restrictions in Delhi effective from Sunday night in a bid to foil Jats seeking job quotas from entering the capital.

Business Former advisor to Jason Kenney's leadership campaign charged with assault
Author: 0 Former advisor to Jason Kenney's leadership campaign charged with assault

NDP leader and Alberta Premier Rachel Notley tweeted her congratulations minutes after Kenney's victory. Under Alberta rules, parties can't merge but must close up shop and surrender assets. Delegates booed Starke during his speech earlier Saturday when he warned that a merger with the Wildrose could tar the PCs with the label of intolerance toward women and minorities.

Author: 0 G20 ministers drop anti-protectionist, climate pledges

Treasury Secretary at a G20 event in the spa town of Baden-Baden in Germany. European countries and others that depend on exports, such as China, were said to be pushing for a stronger statement in favor of trade with fewer tariffs and other barriers in a rule-based system.

Author: 0 Allegheny Technologies Incorporated (ATI) Given Average Rating of "Hold" by Analysts

According to their observations and findings, the stock could provide a high EPS of $0.23/share and a Low EPS of $0.11/share. Allegheny Technologies Incorporated was upgraded to "buy" by analysts at Seaport Global Securities. They now have a United States dollars 38 price target on the stock. 4 analysts given HOLD rating to the stock and 1 given UNDERPERFORM rating. They now have a Dollars 38 price target on the stock.

Author: 0 G 20 finance summit underway in Baden Baden

It said that countries "are working to strengthen the contribution of trade" to their economies. Despite German efforts to find a compromise, Finance Minister Wolfgang Schauble said leaders had reached an impasse. Europe was keen on adding that trade should be "rules-based", meaning subject to rules of the World Trade Organization (WTO). The G-20 groups Argentina, Australia, Brazil, Britain, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South ...

Author: 0 Secretary Of State Rex Tillerson

A helmeted North Korean soldier, just yards away across the border, took pictures of Tillerson's back as he posed with us commanders. And finally, the day after Tillerson said he expects fewer conflicts, he said something very different about US policy towards North Korea.

Business Feds provide $100M for Flint water improvements
Author: 0 Feds provide $100M for Flint water improvements

The river water was not properly treated to prevent pipe corrosion and lead from old water lines leached into many homes and businesses. Snyder, who has apologized for his administration's role in the water crisis that exposed children to toxic lead, reiterated his refrain that the federal lead rule is "dumb and risky".

Author: 0 G-20 finance chiefs to maintain past pledges on currencies

While delegates greeted Mr Mnuchin and said that he had been engaged in the process, it was not possible to reconcile the United States stance and that of the other members in any substantive way. "On subjects that are so important, it's not up to the finance ministers to block or to walk back on the issue, there will not be any backsliding on such fundamental issues", he said.

Business YouTube Discontinues Annotations Editor
Author: 0 YouTube Discontinues Annotations Editor

YouTube says it made this change primarily because annotations didn't work on mobile and most viewers found them obnoxious and unhelpful. No longer will people be able to add new annotations or edit existing annotations with the tool as of that date.

Business Shell and Eni handed back oilfield seized by Nigerians
Author: 0 Shell and Eni handed back oilfield seized by Nigerians

Justice John Tsoho had on January 26, this year, made the order of temporary forfeiture of OPL 245 to the Federal Government. The companies, Shell and Eni contended the judgement telling the court that fair hearing was not followed before the verdict.

Business Turkish minister predicts 'holy wars' in Europe following Geert Wilders' defeat
Author: 0 Turkish minister predicts 'holy wars' in Europe following Geert Wilders' defeat

Cavusoglu said: "You are taking Europe toward an abyss. You have begun to disintegrate Europe and take Europe to the cliff.Soon religious wars will begin in Europe", Cavusoglu said. Turks vote in a referendum on April 16 on a constitutional reform that could establish an executive presidency and strengthen Erdogan's powers. Berlin says Turkey's claim that Yucel was working as a German spy is "absolutely baseless".

Business Japan govt & Tokyo power firm liable for 'preventable' Fukushima meltdown - court
Author: 0 Japan govt & Tokyo power firm liable for 'preventable' Fukushima meltdown - court

They based their claim on a 2002 report in which government experts estimated there was a one in five chance of a magnitude-8 natural disaster occurring and triggering a powerful tsunami within the next 30 years. TEPCO said in a statement it would review the contents of the ruling before making a response. They said the meltdown and resulting evacuation had ruined their livelihoods and caused disruption to their families' lives, adding that state compensation they had already received was ...

Author: 0 US, Japan Committed to the G7, G20 Agreements on Currency

Washington wants the G20 to accommodate President Donald Trump's "America First" plan and his demand for what he describes as a fairer trading system that better reflects United States interests. The final joint statement at the summit in Baden-Baden said: "We reaffirm our commitment to rationalise and phase out, over the medium term, inefficient fossil fuel subsidies that encourage wasteful consumption, recognising the need to support the poor.

Business Donald Trump budget may open a can of worms for Republicans
Author: 0 Donald Trump budget may open a can of worms for Republicans

Trump's proposal prioritizes military and security, while slashing environmental programs, housing, and foreign assistance. "What you would hope is that the administration is aware of the difficulty of some of these things", said Representative Tom Cole of Oklahoma.

Business USA dollar squeezed by cautious Fed
Author: 0 USA dollar squeezed by cautious Fed

In December, the Fed forecast three rate rises this year. Futures indicated Asia-Pacific equities were set to follow USA and European stocks lower ahead of Wednesday's Federal Reserve decision as oil output disclosures by Saudi Arabia and US stockpiles data whipsawed crude.

Business Elections Underway in the Netherlands...Will Nationalism Strike Again?
Author: 0 Elections Underway in the Netherlands...Will Nationalism Strike Again?

The Dutch election result is a welcome break from the west's move towards the extreme right as exemplified most profoundly by Donald Trump who through demagoguery and outlandish behaviour sold the lie of change he would bring to lives of the left out sections of Americans who felt disenfranchised after eight years of the Obama administration.

Business Russian Hackers Charged in Massive Yahoo Breach
Author: 0 Russian Hackers Charged in Massive Yahoo Breach

In December, then-president Barack Obama updated an executive order naming Belan as among hackers whose activities posed a "significant threat" to US national security or financial stability or were aimed at "interfering with or undermining election processes or institutions".

Business Trump once chucked One Direction out of his hotel
Author: 0 Trump once chucked One Direction out of his hotel

People magazine reported that Liam chatted about his impending fatherhood when he said, "She fully supports me". She's been my cream girl since I was younger. She's been in the industry for fourteen years now. This outrageous story is completely unsurprising given everything we know about Trump, except for the fact that it seems like he was actually trying to do something nice for Tiffany .