Money

United States hints Aughanish could escape sanctions

United States hints Aughanish could escape sanctions Earlier in April, the US Treasury Department published a list of new sanctions against 7 Russian businessmen and 12 companies they run. A softening Trump administration stance on sanctions imposed against Russian aluminum giant Rusal just killed last week's breakout by Alcoa (AA). [Full Article...]

Maine police: Man killed deputy, stole his car and robbed store

Maine police: Man killed deputy, stole his car and robbed store The FBI told WGME they are sending assistance to help the Somerset County Sheriff's Office and Maine State Police with the investigation. "The suspect should be considered armed and unsafe", a statement released by the Department of Public Safety said Wednesday morning. [Full Article...]

Crude Oil Slide Below $68

Crude Oil Slide Below $68 At 10:20 am Singapore time (0220 GMT), ICE June Brent crude futures were down 11 cents/b (0.15%) from Tuesday's settle to $73.75/b, while the NYMEX June light sweet crude contract inched down 7 cents/b (0.10%) at $67.63/b. "The fact is that time is running short and the rhetoric will intensify as the May 12 Iranian sanctions waiver deadline approaches", he added. Set up for new oil crash? ... [Full Article...]

Markets Right Now: Solid earnings send US stocks higher

The investors sell American government securities because of expectations of rising inflation. The Dow is down 438.81 points, or 1.8 percent. The telecommunications gear maker says it is selling itself to an investor group led by Searchlight Capital Partners for about $2-billion. [Full Article...]

Sky Withdraws Recommendation of Fox Takeover After Comcast Offer

Sky Withdraws Recommendation of Fox Takeover After Comcast Offer Following the formal bid from Comcast , independent directors at Sky said they were withdrawing their recommendation that shareholders accept the competing offer from Fox. "Sky is a highly complementary business and will expand Comcast's global footprint in the United Kingdom and Continental Europe". Fox first announced its 10.75 pound per share offer in December 2016 but the deal has been he... [Full Article...]

WhatsApp's Raising its Minimum Age to 16 in the EU

WhatsApp's Raising its Minimum Age to 16 in the EU Rather than offer that second option, WhatsApp's new Terms of Service suggest a blanket rule which is that you either have to be 16 or you will be banned. In any case, the data it collects from users does not range beyond the make and model of the device that the app is installed in, contacts, groups or any blocked numbers. [Full Article...]

Southwest voluntarily cancels flights to complete engine fan blade inspections

Southwest voluntarily cancels flights to complete engine fan blade inspections LONDON-Southwest Airlines Co. canceled a small number of fights Sunday to perform engine checks in the wake of an accident that killed one of its passengers. Southwest hasn't indicated how many CFM56-7B engines are in its fleet. A cycle concerns a complete flight, from engine start to takeoff and landing to complete shutdown. [Full Article...]

Weak rupee, TCS mood-upper lift Nifty IT index to new high

Weak rupee, TCS mood-upper lift Nifty IT index to new high This content is restricted to site members. "Strong demand in digital across all industry verticals and large transformational deal wins has made this one of best fourth quarters in recent years". In comparison, TCS' revenues and net profit grew at a compounded annual growth rate of 13 per cent and 11 per cent, respectively, during three year ending March 2017. [Full Article...]

FAA orders tests on airplane engines after April 17 fatal explosion

FAA orders tests on airplane engines after April 17 fatal explosion The death marked first passenger fatality for the Dallas-based airline in its 47-year history. A Southwest Airlines plane flying from NY to Dallas had to make an emergency landing Tuesday morning in Philadelphia after one of its engines was damaged, according to the Federal Aviation Administration. [Full Article...]

Younkers, Herberger's going-out-of-business sales begin Friday

Younkers, Herberger's going-out-of-business sales begin Friday If the stores close, it would impact almost 300 local workers. A spokesperson for Bon-Ton Stores said the liquidation sales are expected to run for about 10 to 12 weeks. Two liquidation firms are the victors of an auction for the bankrupt company's assets after the retailer failed to find a bidder willing to continue operating the business. [Full Article...]

South Range school board approves sale of complex

South Range school board approves sale of complex The increase will be in effect for next year's budget and will impact auxiliary, paraprofessional, professional and administrative employees. Rogers noted that LISD tax rates have actually gone down over the past few years, but the total property tax revenue has gone up with property values. [Full Article...]

Plastic-eating enzyme could help fight pollution, scientists say

Plastic-eating enzyme could help fight pollution, scientists say Researchers of the United States and Britain have accidentally engineered an enzyme that can digest plastics. Another is the recently discovered enzyme that consumes PET plastics called PETase , which scientists at the University of Portsmouth and the US Department of Energy's National Renewable Energy Laboratory (NREL ) used as a starting point for their groundbreaking research. [Full Article...]

In Latest Trade Salvo, China Imposes 179 Percent Tariff On US Sorghum

In Latest Trade Salvo, China Imposes 179 Percent Tariff On US Sorghum China is the largest buyer of US sorghum - grown mostly in the rural American South, a region that voted heavily for Trump in the 2016 election. The Commerce Ministry made a decision to launch anti-dumping and anti-subsidy probes into US' sorghum in early February. [Full Article...]

Facebook confirms it can track you even if you delete your account

Facebook confirms it can track you even if you delete your account If Facebook did, it could be fined $40,000 per infraction. In his post , Baser explained in detail how Facebook gathers information about you - it's basically a reminder of why nobody should be shocked when something you might have been looking up elsewhere then shows up as an ad on Facebook . [Full Article...]

JP Morgan Chase reveals first-quarter profit jumped to $8.7bn

JP Morgan Chase reveals first-quarter profit jumped to $8.7bn JPM outperformed the S&P500 by 12.44%. Cue Financial Group Inc increased its stake in Medley Cap Corp (MCC) by 77.12% based on its latest 2017Q4 regulatory filing with the SEC. BACON ASHLEY sold $1.84 million worth of JPMorgan Chase & Co. JPM had 9 insider sales and 1 buying transaction since October 25, 2017. There were some concerns about JPMorgan's credit quality, however. [Full Article...]

Iran drone intercepted in Feb was Strike Assignment

The advanced Iranian UAV was identified and monitored by Israeli defense systems until it was intercepted and "did not pose a danger" while it was inside Israeli territory, the army statement added. Israel considers Iran an existential threat because of its nuclear and missile programs, its support of violent anti-Israel groups in the region and frequent calls for the destruction of the Jewish s... [Full Article...]

VW replaces CEO Matthias Mueller amid group restructure

VW replaces CEO Matthias Mueller amid group restructure The surprise leadership switch is due to be finalized at a supervisory board meeting on Friday, the people said. Mr Diess, a former BMW executive who joined VW in July 2015, has clashed with the company's labour leaders. "Diess is ready to weather conflict, which is important to make things happen in a company like Volkswagen", said Ferdinand Dudenhoeffer, director of the University of Duisbur... [Full Article...]

CWG 2018: Mary Kom wins gold in women's 45-48 kg category

CWG 2018: Mary Kom wins gold in women's 45-48 kg category Mary Kom punched Northern Ireland's Kristina O'Hara in a common decision from all the five judges in the final of 45-48kg weight category in CWG 2018. However, Prior grinned her way through the game and blinked back the tears on the podium, the enormity of the moment finally sinking in. "It's Sunday tomorrow so everybody will be glued to the TV". [Full Article...]

Imperial Capital Reaffirms "In-Line" Rating for Delta Air Lines, Inc. (DAL)

Imperial Capital Reaffirms Stephens set a $67.00 price target on Delta Air Lines and gave the company a "buy" rating in a report on Monday, December 18th. For a total of 1.07 million shares it increased its holding in L Brands Inc (LTD) by 215,226 shares in the quarter, and has risen its stake in Sarepta Therapeutics Inc (NASDAQ:SRPT). [Full Article...]

Markets Right Now: Stocks close mostly lower on Wall Street

Markets Right Now: Stocks close mostly lower on Wall Street The UK's FTSE index was trading lower by 0.12 percent, while French CAC 40 Index rose 0.37 percent. Analysts expect quarterly profits for S&P 500 companies to rise 18.5 percent from a year ago, which would be the biggest gain in seven years, according to Thomson Reuters I/B/E/S. [Full Article...]


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