Business

Author: 0 Residents prepare for Cyclone Debbie

IT'S a common belief that when the state is hit by weather events, Queenslanders dig deep, roll up their sleeves and give each other a hand. A forecaster for the Bureau of Meteorology (BOM) has said it could yet exceed those expectations.

Author: 0 Donald Trump's Latest Approval Rating Dipped As President's 'Trumpcare' Bill Struggled

President Trump wiped out more Obama-era regulations Monday, signing four bills that cancelled rules on federal contracts, land use and education that he said killed jobs. Polls released next week will begin to reflect the fallout fro Trump's failure and the impact on his approval rating. Still, not every polling agency has Trump's approval rating sinking that low.

Business Harbor Freight customers could be entitled to settlement money
Author: 0 Harbor Freight customers could be entitled to settlement money

Harbor Freight Tools USA Inc . Harbor Freight was accused of advertising merchandise at a "sale" or "compare at" price, when those goods were never sold at a higher price. The western Massachusetts Harbor Freight locations are in West Springfield , Springfield , and Pittsfield . While Harbor Freight Tools disputes the claims in the suit, they've settled, and even without a credit card statement or a receipt, you may be eligible for a $10 Harbor Freight tools gift card.

Author: 0 US, UK-bound planes forbid electronics as of Saturday

The airline offers the service to transit passengers too. The additional time spent waiting to receive checked baggage upon arrival and the frustration of not being able to get work done during the flight in a Wi-Fi enabled cabin risks angering airlines' most valued customers.

Business Qatar wealth fund CEO says sees post-Brexit investment opportunities
Author: 0 Qatar wealth fund CEO says sees post-Brexit investment opportunities

The Qatar Investment Authority was set up in 2005 to invest gas revenues globally. Rachel Pether, an adviser at the Sovereign Wealth Fund Institute, said: "Qatar doesn't see Britain leaving the European Union as impacting their relationship and it may be an opportunity for it to be stronger".

Business Saudi cuts taxes on oil firms ahead of Aramco sale
Author: 0 Saudi cuts taxes on oil firms ahead of Aramco sale

The cut will be backdated to January 1. The rates increase for producers with smaller investments. It is gearing up to be the largest flotation in history, with officials valuing Aramco at more than $2 trillion. The government is embarking on an overhaul of its economy to move away from heavy reliance on oil, its main export, after a sharp drop in prices. The government, which is struggling to close a budget deficit due to cheap oil that totaled $79 billion a year ago, obtains over 60 ...

Business Frankel seeks federal money for local costs when Trump visits
Author: 0 Frankel seeks federal money for local costs when Trump visits

So far, the Trump administration hasn't yet provided visitor logs at the White House , reports NBC. Democrats introduced an act into the House and Senate on Friday, that would require President Donald Trump to disclose lists of who visits his private club in Florida.

Business Ky. politicians react to no vote on Pres. Trump's health plan bill
Author: 0 Ky. politicians react to no vote on Pres. Trump's health plan bill

Healthy competition in the health insurance marketplace is one of the most critical elements in ensuring that Americans can access quality, affordable health care. In fact, despite the existing law, few health insurers choose to engage in cross-state sales because there is little economic incentive for them to do so.

Business 94-year-old woman celebrates 44 years working at McDonald's
Author: 0 94-year-old woman celebrates 44 years working at McDonald's

She never meant to stay as long as she did, Mrs Maurer told ABC News , adding that she never thought of becoming a manager because she prefers to interact with her customers. "They were my live savers when I lost my husband", she recalled. "Life is what you make it". Although Maurer contemplates retirement every winter, she credits her restaurant regulars with keeping the spring in her step.

Author: 0 Mayor: 'Fearless Girl' can stay on Wall Street, for now

The Daily News said " Fearless Girl ", which stands on Department of Transportation property, will get a longer-term permit through the department's art program. The statue was created by the artist Kristen Visbal. State Street Global Advisors [SSGA] commissioned the artwork and placed it at Bowling Green in conjunction with International Woman's Day.

Business Thieves steal 100kg gold coin worth millions from Berlin museum
Author: 0 Thieves steal 100kg gold coin worth millions from Berlin museum

The coin has a face value of $1m (£790,000), but the gold in it makes it worth nearly $4.5m (£3.9m) at today's market prices. A giant gold coin bearing the Queen's image, and worth $4m (£3.2m), has been stolen from a museum in Germany. "The coin was secured with bullet-proof glass inside the building". The coin cabinet at the Bode Museum holds more than 540,000 objects, but German media report only the "big maple leaf" was stolen.

Business United Kingdom banks to face new stress tests
Author: 0 United Kingdom banks to face new stress tests

The central bank's latest scenario comes two days before Prime Minister Theresa May formally triggers Article 50 negotiations and puts the nation on a path to leaving the European Union by March 2019. The Bank of England (BOE) will test the risks associated with sterling dropping by a further 32 percent from today's level to languish at a low of 85 cents by year-end.

Author: 0 Oil output deal needs more compliance, Opec and non-Opec ministers say

Industry analysts have noted the wildly different assessments, even by Opec ministers, because of the imprecise methods the group uses to measure compliance. It's too early to decide on an extension of the output cuts, and OPEC will take up that issue at its May meeting. Production in March has been reduced by more than its share of 210,000 bpd required under the OPEC accord, the sources said , adding that output from the country's biggest oilfield Rumaila is now down by around 70,000 bpd ...

Author: 0 The US dollar is taking a beating in early trading

The dollar index had risen to a 14-year high near 104.00 in early January when expectations for inflation-boosting stimulus under the Trump presidency were at their peak, with investors betting big on the so-called "Trumpflation" trade. Hedge funds and money managers boosted their net long positions in COMEX gold after two weeks of cuts and reduced them slightly in silver in the week to March 21, U.S.

Business Snap shares jump after Wall Street's thumbs up
Author: 0 Snap shares jump after Wall Street's thumbs up

SNAP has been the topic of several other research reports. Monday's reports balance out the ratings: According to FactSet, five analysts now say to hold on to Snap shares, six say to buy the shares and five essentially recommend dumping them.

Business Debate renewed over economic benefits of Keystone pipeline
Author: 0 Debate renewed over economic benefits of Keystone pipeline

The 8 billion dollar project would carry oil from Canada to refineries along the Texas gulf coast. "One of the initial arguments about energy independence with this pipeline was that we're getting more crude from Canada", Croft said. Yet even with a presidential permit, the pipeline still faces obstacles - most notably the route, which is still being heavily litigated in the states.

Author: 0 China and New Zealand agree to boost already-close trade ties

Mr English told Mr Li he is happy to be hosting him for his first visit here as Premier and described the relationship between New Zealand and China as being in great shape. English and Li also discussed the Regional Comprehensive Economic Partnership (RCEP) that Beijing has been promoting as an alternative to the Trans-Pacific Partnership (TPP), which is losing significance after the United States opted out of it.

Business With 'Mar-a-Lago Act,' Democrats push Trump for transparency
Author: 0 With 'Mar-a-Lago Act,' Democrats push Trump for transparency

TIME notes this is Trump's thirteenth golf trip during his nine weeks in office. Jack Reed (D-RI) and Rep. Mike Quigley (D-IL)-say that they have grave concerns about who can have access to Trump when he is at Mar-a-Lago, if only they pay the $200,000 membership fee.

Author: 0 Shailene Woodley Pleads Guilty to DAPL Trespassing Case

Woodley streamed the arrest on Facebook Live. Oil is planned to run through the Pipeline for the first time this week. "I would have made, like, a face". The plea deal document Woodley reportedly signed sees her admitting that, while protesting, she acted with "intent to harass, annoy or alarm another person or in reckless disregard of the fact that the other person was harassed, annoyed or alarmed" by her activities.

Business MGM Resorts International (NYSE:MGM) & LyondellBasell Industries NV (NYSE:LYB) Watch List
Author: 0 MGM Resorts International (NYSE:MGM) & LyondellBasell Industries NV (NYSE:LYB) Watch List

Latest closing price was -0.84% below its 50-day moving average and 1.00% above its 200-day moving average. Deutsche Bank AG restated a buy rating on shares of MGM Resorts International in a report on Monday, March 6th. CityCenter Holdings, LLC ("CityCenter"), a venture between MGM Resorts International (MGM ) and Infinity World Development Corp, recently declared that the CityCenter Board of Directors approved a $250 million dividend consisting of a $172 million special dividend and a $78 ...

Author: 0 Amazon's retail ambitions include furniture and appliances, plus groceries in India

The WSJ reports that the tracking technology inside the store "functions flawlessly only if there are a small number of customers present, or when their movements are slow", and hasn't been working reliably when the store is busy. In an attempt to turn Amazon into a trillion-dollar company, Amazon needs to crack some of the impenetrable online markets and furniture and home appliances which consumers are somewhat reluctant to buy through e-commerce without first checking them out ...

Business European Commission clears DuPont-Dow merger
Author: 0 European Commission clears DuPont-Dow merger

The company is now in negotiations to divest the crop protection assets. Those companies would focus on agriculture, material science, and the production and sale of specialty products. Both companies had privately detailed to European regulators concessions it would be willing to make in August 2016, but the European Commision's head, Margrethe Vestager, raised concerns about whether the divestitures would be acceptable.

Author: 0 Donald Trump yet to Meet Promise of 'So Much Winning'

Maintaining sensible transparency policies would help dispel concerns that the wealthy and the well-connected have unfair access to the Trump White House. The MAR-A-LAGO Act comes in response to the Trump administration's refusal to extend the pro-transparency policy established by former President Barack Obama to release visitor logs at the White House 90 to 120 days after they were created.

Author: 0 Family honors American killed in London attack

Khalid Masood, who was shot dead outside of parliament after using a auto to mow down pedestrians on Westminster Bridge, was a convert to Islam who spent significant time in Saudi Arabia and had been identified as a potential jihadist.

Business Shiv Sena gives shutdown call in Maharashtra's Osmanabad in support of Gaikwad
Author: 0 Shiv Sena gives shutdown call in Maharashtra's Osmanabad in support of Gaikwad

Gaikwad has been charged with attempt to commit culpable homicide and using criminal force with intent to dishonour person, said Dependra Pathak, Delhi Police's chief spokesperson and special commissioner (operations). The 57-year-old MP had on Thursday allegedly abused and assaulted a 60-year-old duty manager of Air India R Sukumar with slippers for not being able to fly business class despite having boarded an all-economy Pune-New Delhi flight.

Business YouTube faces advertiser exodus over hate speech fears
Author: 0 YouTube faces advertiser exodus over hate speech fears

More than 250 brands have reportedly pulled their advertising from Google's display ads network and YouTube . The majority of companies are pulling the ads from YouTube and also from the sites which support Google's Ad technology. Morgan Stanley analysts believe the boycott won't cause significant harm to Google's bottom line because the side of the business hit by the boycotts produces around 10% of the company's net revenues.

Author: 0 Supreme Court says Aadhaar Card can not be Compulsory for Government's Welfare Schemes

The Central government has said that until all beneficiaries are assigned Aadhaar cards, subsidized foodgrain will be provided on ration cards and Aadhaar enrolment slips or a copy of an applicant's request for Aadhaar enrolment. "You can't stop government from using Aadhaar for non-benefit schemes like Income Tax", Chief Justice of India JS Khehar said. The government said it would help people to get their biometric identity documents by June 30.

Business AAP MLA Ved Prakash joins BJP, to resign from assembly
Author: 0 AAP MLA Ved Prakash joins BJP, to resign from assembly

There are an estimated nine lakh property tax payers in the city and about Rs 600 crore in revenue is earned annually by the three civic bodies, according to official sources. "To mint money the corporators in MCD on show on paper one road constructed three to four times". Prakash announced his decision to join the Bharatiya Janata Party at a press conference here also attended by Delhi BJP chief Manoj Tiwari.

Author: 0 House GOP abruptly pulls troubled health care bill

News that the bill had been pulled before a final vote was greeted initially with a small sigh of relief by US equity investors, who earlier in the week had been fretful that an outright defeat would damage Trump's other priorities, such as tax cuts and infrastructure spending.

Business BT fined £42 million for breaching contracts with telecoms providers
Author: 0 BT fined £42 million for breaching contracts with telecoms providers

Ofcom said that its investigation found that between January 2013 and December 2014, BT misused the terms of its contracts to reduce compensation payments owed to other telecoms providers for failing to deliver "Ethernet" services on time. The error will likely cost the company around £300m in compensation. Ofcom said: "Not only did this harm other telecoms companies, but it was also likely to have harmed the United Kingdom businesses and consumers who rely on high quality, high-speed, ...

Business Old Mutual ditches stake in U.S. arm
Author: 0 Old Mutual ditches stake in U.S. arm

Old Mutual has agreed to sell a 24.95 percent shareholding in OM Asset Management (OMAM) for approximately $446 million in cash as it proceeds with its managed separation, the company said in a statement released to shareholders on Monday. In both cases, these directors will replace existing nominees of Old Mutual . OM Asset Management has about US$240 billion of assets under management.

Business Westinghouse Bankruptcy May Limit Toshiba's Looming Losses
Author: 0 Westinghouse Bankruptcy May Limit Toshiba's Looming Losses

Shares in the electronics conglomerate rose 14% in Tokyo , the most in a month, after Toshiba said Westinghouse's board will decide whether to file for bankruptcy, suggesting that it's one of the options under consideration. Bankruptcy Code will be made by the management team of Westinghouse. Scana owns the SC plant under construction, while Georgia Power, a subsidiary of Southern Co, will own plants in Georgia.

Author: 0 Trump to sign executive order undoing Obama's global warming plan: EPA chief

Speaking on ABC's "This Week", Pruitt said Trump's intention is to bring back coal-mining jobs and reduce the cost of electricity. The EPA plan is meant to reduce climate-changing greenhouse gas emissions from coal-fired and natural gas power plants, with a goal of reduce greenhouse emissions up to 32% by 2030.

Business Rockets Troll Russell Westbrook With Tweet Degrading His Triple Doubles
Author: 0 Rockets Troll Russell Westbrook With Tweet Degrading His Triple Doubles

The Rockets were paced by 31 points (on 11 of 15 shooting and seven of eight from beyond the arc) off the bench from Lou Williams, and got 24 points apiece from Tervoir Ariza (9/11 FG, 6/8 3PT) and Eric Gordon (7/13 FG, 4/9 3PT). For the season, Westbrook is averaging a triple-double - an NBA-best 31.2 points, 10.4 assists and 10.5 rebounds per game. The Rockets had a 16-point lead in the third quarter before they used a 13-4 run to make it 108-83 with about 90 seconds left in the quarter.

Author: 0 India Trail by 52 Runs at Start of Day 3

A lot would depend on Wriddhiman Saha and Ravindra Jadeja if India , 248-6, want to take a lead against Australia (300 all out). Cummins did eventually snare Rahul during a fiery spell in which he exchanged words with the India batsman, who ended up sending a catch David Warner's way after mistiming an ambitious shot.

Business House GOP abruptly pulls troubled health care bill; Walden comments, see video
Author: 0 House GOP abruptly pulls troubled health care bill; Walden comments, see video

The more than 650,000 people who gained insurance through the Medicaid expansion in MI are safe. And there may be even more states that will resurrect state legislative efforts to expand Medicaid. Republican leaders have abruptly pulled their troubled health care overhaul bill off the House floor, short of votes and eager to avoid a humiliating defeat for President Donald Trump and GOP leaders.

Business Senate votes to kill privacy rules meant to protect people's sensitive data
Author: 0 Senate votes to kill privacy rules meant to protect people's sensitive data

Charles Schumer has denounced a vote that would allow Internet providers and cell phone companies to sell your browsing habits, app activity and other personal information without your permission. The resolution also prohibits the FCC from adopting similar rules in the future. The FCC probably would overturn the rules after such a reconsideration.

Business Amazon will collect sales tax in four additional states starting April 1
Author: 0 Amazon will collect sales tax in four additional states starting April 1

Though most states theoretically require consumers to track and pay sales tax on purchases even if the tax isn't collected by the vendor, that rule has gone largely unenforced, leading to billions in lost revenue for cities and states. consumers can still avoid paying Sales Tax on their purchases, the U.S. increased the de minimus threshold on imports to a generous $800 per day, so consumers can import goods to that value on a daily basis without paying import taxes.

Author: 0 What is the House Freedom Caucus and what does it want?

And a Freedom Caucus aide said Wednesday that the now have more than 25 no votes and are "asking leadership to start over". "It is time to lead", Poe added. We were captives in an internal House caucus fight. The House Freedom Caucus, in particular, is made of many newer and more conservative lawmakers who never had a chance to develop a personal relationship with Pence.

Business Prosecutor Preet Bharara fired by Trump administration leaves to applause
Author: 0 Prosecutor Preet Bharara fired by Trump administration leaves to applause

Attorneys. Co-host Gayle King then asked Cuomo about rumors that Bharara may challenge him for governor or run for mayor of New York City. He even referenced his investigation into Cuomo's commission on his way out the door. Bharara refused and was sacked Saturday. Bharara brought this up in a phone call with acting Deputy Attorney General Dana Boente, who had been informing the US attorneys of the resignation requests Friday afternoon, according to the Post, but Boente was unable to ...

Author: 0 Saudis, Other Gulf Oil Producers May Cut US Exports As Supply Swells

Crude oil prices moved in to the mid-$50 range after the initial agreement went into force in January , but pulled back recently on US supply pressures. Gasoline production declined almost 3 percent at Gulf Coast refineries. "The difference between what the market observers as production, and the actual supply levels in any given month, is due to operational factors that are influenced by storage adjustments and other month to month variables".

Business Bulgaria's pro-EU Borisov set for victory, exit polls suggest
Author: 0 Bulgaria's pro-EU Borisov set for victory, exit polls suggest

Bulgaria joined the European Union in 2007 and is one of its poorest member states. Radev appointed a caretaker government - Bulgaria's sixth in four years - after he took office in January. While Bulgaria historically has had strong ties with Moscow, Borisov's GERB party is strongly pro-EU and has supported the bloc's sanctions on Russian Federation over its role in the Ukraine crisis.