Money

by | May 15, 2018 | 13:53

A quick backgrounder on the tax: previous year, at the end of its annual budget process, the council formed a task force to come up with a progressive tax to pay for housing and services for Seattle's homeless population. "It seems like some of the council members, mainly Mrs. Sawant, have gone on the offense against Amazon in particular". Amazon has driven Seattle's economy in recent years, drawing thousands of well-paid workers to the region.

by | May 15, 2018 | 13:53

The index for Mineral Oils group rose by 1.6% to 89.9 (provisional) from 88.5 (provisional) for the previous month due to higher price of naphtha and petroleum coke (4% each), furnace oil (3%) and HSD, kerosene and petrol (2% each). It also slashed CPI inflation estimate to 4.7-5.1 percent in April-September, 2018-19 and 4.4 percent in the next half of the year, including the impact of house rent allowance.

by | May 15, 2018 | 13:34

According to a report on PTI, Allahabad Bank will hold its board meeting today on the back of the Finance Ministry's direction to take away all the powers of its MD and CEO Usha Ananthasubramanian , who has been chargesheeted by the CBI in the $2 billion Punjab National Bank scam.

by | May 14, 2018 | 20:45

In a post, Ime Archibong , the company's VP of product partnerships , said that Facebook has looked into the activity of "thousands" of apps, explaining that the investigation process has two phases. Facebook is facing a class action lawsuit following the revelation that the social network was collecting data logs of messages and phone calls through its smartphone apps.

by | May 14, 2018 | 20:33

Analysts say prices are rocketing higher throughout the US because of reductions in domestic supply and the oil market's response to President Trump's decision to leave the Iran Nuclear Deal. According to GasBuddy, states where prices moved most last week were: OH (up 15 cents); DE (up 11 cents); Michigan, Florida and Wyoming (up 10 cents); and Minnesota, Kentucky, Missouri and West Virginia (up nine cents).

by | May 14, 2018 | 20:00

OPEC and 10 producers outside the cartel, including Russia-currently the world's largest crude producer-have been holding back crude output by around 1.8 million barrels a day since the start of previous year. But OPEC forecast headwinds to future growth, such as the slow place of oil industry investment and an expected dip next year in investment in US shale, also known as tight oil.

by | May 14, 2018 | 12:52

Around 26.28 per cent voter turnout was recorded till 11am in West Bengal panchayat polls. A TMC worker named Arif Gazi was shot dead in Kultali area of South 24 Parganas district, reported ANI . Since filing of nominations began on April 2, opposition parties in the state, including the CPM, BJP and Congress , claimed that many of their candidates could not file their papers due to what they called Trinamool's "terror tactics", an allegation the ruling party has denied.

by | May 14, 2018 | 12:47

South African internet and entertainment firm Naspers, which had invested $616 million in Flipkart in August 2012, sold its entire 11.18 percent stake in the company to Walmart for $2.2 billion. It also said it supported Flipkart's ambition to go public. As per the definitive agreement between the companies last week, Walmart will acquire about 77 per cent stake in the Singapore entity for United States dollars 16 billion.

by | May 14, 2018 | 12:42

Xerox said it was ending the deal with Fuji Xerox partly because Fujifilm had failed to provide audited financial information for Fuji Xerox by an April 15 deadline. Fujifilm has also said it was appealing a USA court injunction blocking the takeover. The Xerox Board believes that the transaction can not reasonably be expected to be completed under these circumstances, particularly given the court's injunction of the transaction and the lack of shareholder support for the transaction on ...

by | May 14, 2018 | 12:39

The 8 months bullish chart indicates low risk for the $2.87 billion company. This technical setup was reported by Barchart.com. ( SEDG ) observed a change of 16.53% pushing the price on the $64.85 per share in recent trading session ended on Thursday .

by | May 14, 2018 | 06:19

Pittsburgh starter Trevor Williams gave up four runs over five frames for a ND with Richard Rodriguez allowing an 8th inning run yet still picking up the win. Rookie Andrew Suárez was the starter the last time the Giants won, but he battled command issues throughout four rough innings against a Pirates team that's now won four in a row.

by | May 14, 2018 | 04:33

Germany continued its sharp criticism of U.S. President Donald Trump on Sunday, saying his planned sanctions against Tehran would also make it hard for Europeans to maintain economic incentives as part of the Iran nuclear deal. Earlier in the day Ryabkov said Russia's "European partners" should also work to keep the deal together, in comments reported by news agencies. Maas noted it's important that Iran continues to abide by the deal, adding that he discussed how Moscow could encourage ...

by | May 14, 2018 | 03:45

Following Trump's announcement, the European Union said it was "determined to preserve " the Iran deal. President Donald Trump delivered on his election promise of making America pull out of the Iran nuclear deal which was signed in 2015.

by | May 14, 2018 | 03:05

Boston Dynamics describes the SpotMini as a "nimble robot that handles objects, climbs stairs, and will operate in offices, homes and outdoors". Atlas , the name given to this particular robot, can be seen jogging through a park before jumping over a log easily in a new video.

by | May 14, 2018 | 02:53

The Turkish leader is scheduled to meet Queen Elizabeth and British Prime Minister Theresa May . Turkish president on Thursday said he does not view US withdrawal from Iranian nuclear deal as the "right" decision, according to Turkish presidential sources.

by | May 14, 2018 | 01:06

A new civil rights lawsuit says that a United Airlines crew ejected a Nigerian woman and her two children from a flight on the basis of race, after complaints from a white passenger who had previously stolen the woman's seat. She and her children were seen at George Bush Intercontinental Airport after completing their previous trip from Nigeria to Ontario. According to USA Today, American, Delta, Southwest and United all have similar provisions in their "contracts of carriage" that allow ...

by | May 13, 2018 | 23:56

The food chain Chili's has reported a data breach that may have leaked customers' credit and debit card information. Once Chili's was notified, the company says it immediately activated its response plan and began working with third-party forensic experts to investigate what happened .

by | May 13, 2018 | 22:38

National security adviser John Bolton said "it's possible" European nations could be hit by sanctions for doing business with Iran after President Trump pulled the United States out of a nuclear pact with the country . These questions get at the heart of whether the Iran nuclear deal can continue without the support of the US. After years of crippling economic sanctions, the deal opened Iran to business with the USA and Europe, and companies around the world began doing business in ...

by | May 13, 2018 | 19:32

He also said that the first cargo of crude oil from the Abu Dhabi National Oil Company (ADNOC), destined for the Indian Strategic Petroleum Reserves Ltd (ISPRL) has sailed. He further added that he is proud of all the Indian companies that are looking for investments in UAE. The project aims to boost ADNOC´s refining capacity by 65 percent to 1.5 million barrels per day by 2025, the state-owned firm´s CEO Sultan al-Jaber told a downstream investment forum.

by | May 13, 2018 | 16:51

Lexington Realty Trust disclosed in a document filed with the US Securities and Exchange Commission (SEC) that CEO and President Eglin T Wilson has sold 24,170 shares of Lexington Realty Trust (LXP ) in trading session dated August 14, 2017.

by | May 13, 2018 | 15:32

Northwestern Mutual Wealth Mngmt invested 0% in EQT Midstream Partners, LP (NYSE: EQM ). Brookfield Asset Management Incorporated holds 581,333 shs or 0.17% of its capital. The stock decreased 0.68% or $0.1 during the last trading session, hitting $14.5.Currently Summit Midstream Partners , LP is downtrending after 38.73% change in last May 10, 2017.

by | May 13, 2018 | 04:12

Expressing doubts about the country's sincerity, Trump threatens to withdraw from the 2015 agreement. European companies penning lucrative deals with Iran include France's Total who are involved in developing a gas field, Royal Dutch Shell who are investing in the Iranian energy sector and Airbus who are supplying new airliners.

by | May 13, 2018 | 04:09

The Bentonville-headquartered company said earlier this week it would invest $16 billion in Flipkart for a 77% stake, making it Walmart's biggest acquisition and the world's largest ecommerce deal. SoftBanks Masayoshi Son will take a call in the next 7-10 days on whether to exit Indias biggest online retailer or say invested for some more time, they said adding that factors that hold key to the decision include the tax SoftBank has to pay on profits it would earn from stake sale amongst ...

by | May 13, 2018 | 03:22

No matter the professionalism and quality of Real's players there is little doubt they will have the Champions League final in the back of their minds in their closing La Liga games. Celta Vigo have fallen down the table lately. Real Madrid have already ruled out Ronaldo featuring against Sevilla and Celta, but will be hoping he could get some minutes when they face Villarreal.

by | May 12, 2018 | 23:30

Paloma Partners Management holds 0.01% or 22,281 shs in its capital. Principal Fin Gp Incorporated Inc owns 14,212 shs or 0% of their United States capital. JPMorgan Chase upped their price objective on shares of Ferguson from GBX 5,900 ($84.48) to GBX 6,250 ($89.49) and gave the company an "overweight" rating in a research note on Tuesday, January 16th.

by | May 12, 2018 | 23:18

The report is the latest to show strain in the United Kingdom property market, with a survey from mortgage lender Halifax earlier this week suggesting prices plunged the most in nearly eight years in April. However, once this seasonal pattern has been allowed for the underlying trend in transactions still remains broadly flat, Rubinsohn added. "It's a fairly positive picture at the moment in the residential market in Northern Ireland with surveyors indicating that prices are rising and ...

by | May 12, 2018 | 23:14

According to a source who claims to know the victim, Sixth Tone's sister publication The Paper reported that the woman, a 21-year-old flight attendant named Li Mingzhu, had messaged a colleague on her way from the Zhengzhou airport to the city center to complain that her driver was acting odd.

by | May 12, 2018 | 20:37

The company presently has a consensus rating of Buy and an average target price of GBX 483.75 ($6.56). Peel Hunt upgraded the stock to "Buy" rating in Friday, January 13 report. Artisan Partners Asset Management Inc (APAM) investors sentiment increased to 1.66 in 2017 Q4. It's up 0.02, from 1 in 2017Q3. JUST has 195,875 shares volume.

by | May 12, 2018 | 19:03

US President Donald Trump on Thursday confirmed that the summit - a first between a sitting US president and a North Korean leader - would take place in Singapore on June 12. Mr Trump had previously suggested that the demilitarised zone between the two Koreas could be a venue for his meeting with Kim , before ruling it out on Wednesday.

by | May 12, 2018 | 17:44

After a report doing the rounds that claims to be a report from the Auditor General, making some very damning findings about against the Cape Town Mayor Patricia de Lille , is fake. Instead, the letter was sent by federal council chairperson James Selfe, Mpofu said. Her legal team reportedly wants the court to stop the Cape Town city manager from telling the Independent Electoral Commission (IEC) that there is a vacancy in the council.

by | May 12, 2018 | 16:09

Upbit, which is backed by South Korean chat giant Kakao, is the fourth-largest cryptocurrency exchange in the world by 24-hour trade volume. "We have secured hard disks and accounting books through confiscation". The startup exchange notably refused to join other South Korean exchanges in support of self-regulation at the end of past year. "Your assets are kept secureñy in your account, so you can rest assured that you can use Upbit services".

by | May 12, 2018 | 16:05

The letter mentioned that whereas the take care of Cohen was "executed in keeping with the regulation" and was "fully professional", the affiliation with Cohen was "a critical misjudgment". The FBI raided Cohen's office last month and federal prosecutors in NY are investigating him. Cohen has not been charged with any crime, and his lawyer has maintained that he has executed nothing improper.

by | May 12, 2018 | 14:02

When the single national standard was adopted six years ago, cars , which get better mileage than trucks and SUVs, made up just under half of US new vehicle sales. Tom Carper, D-Del., the preferred option flatlines fuel economy standards at the 2020 model year level of about 37 mpg through the 2026 model year, compared with current projected fleetwide average levels of 46.8 mpg for the 2026 model year.

by | May 12, 2018 | 10:05

Ford has sold 287,000 F Series trucks in the United States in the first four months of this year, up 4% compared to a year ago. It's a key profit generator for Ford. Meridian Magnesium Products claims to be the world's largest supplier of magnesium die-cast components and is owned by Wanfeng Auto Holdings from China.

by | May 12, 2018 | 08:21

Currently, the 14-day Relative Strength Index (RSI) reading is at 71.42. The RSI is characterized as a momentum oscillator, evaluating the speed and scale of directional price shifts. Petróleo Brasileiro S.A. - Petrobras operates in the oil, natural gas, and energy industries.The firm is worth $96.58 billion. Its predicted average true range is now set up at 0.58, while the estimated relative strength index here stands at.