Finance


Burkini takes center stage in fiery French presidential debate
- March 22, 2017

The debate, the first between the five main contenders ahead of a two-round election on April 23 and May 7, could help viewers make up their minds in an election where almost 40 percent of voters say they are not sure who to back. "The [euro] declared that centrist and former investment banker, Emmanuel Macron, won this round", said FXTM chief market strategist Hussein Sayed, in a note. (more...)
United Kingdom inflation skyrockets to 2.3%: how to cut your household spending
- March 22, 2017

Inflation rose to 2.3% in February - beyond the Bank of England's 2% target - as sterling's post-Brexit collapse made everyday items more expensive. If you want to beat rising costs at the pump, we've explained the best ways to get cheap petrol and diesel. "Indeed, the cost of living is now rising at the fastest pace in over three years and as retailers' hedging contracts continue to unwind a proportion of these cost pressures will inevitably be passed through to shoppers". (more...)
Meals on Wheels: Our donations surged after White House talked defunding Meals on Wheels: Our donations surged after White House talked defunding
- March 22, 2017

Meals on Wheels receives 35 percent of of its total funding "for the provision of congregate and home-delivered meals from the federal government through the Older Americans Act ", which is administered by HHS. Nearly half of those savings will come by eliminating the $3 billion Community Development Block Grant program , which provides money for a variety of community development and anti-poverty programs, including Meals on Wheels, according to CNN . (more...)
Ivanka Trump to get West Wing office, access to classified information Ivanka Trump to get West Wing office, access to classified information
- March 22, 2017

So she acknowledges that there is literally no modern precedent for this situation occurring, but it's going to be all cool because she will act like a government employee must, out of the goodness of her heart. The company confirmed that sales have been up since February, and some experts say that's likely because of her brand's bump in publicity. What do you think about the attempt to ban Ivanka Trump clothing from California and the class action lawsuit in general? She's ... (more...)
Billionaire philanthropist David Rockefeller dies at age 101 in NY
- March 21, 2017

But he was also born into great wealth as a grandson of John D. Rockefeller, who was the founder of the Standard Oil empire and America's first billionaire. Under Rockefeller, Chase was the first USA bank to open offices in the Soviet Union and China and, in 1974, the first to open an office in Egypt after the Suez crisis of 1956. (more...)
Contaminated Meat and Govt Bribes: Fresh Scandal Rocks Brazil
- March 21, 2017

The news was met with anger and frustration in Brazil, which is already reeling from corruption scandals affecting the highest echelons of government. Analysts fear the latest scandal will significantly affect Brazil's meat exports. "We are major importers of Chilean products: fish, fruit and other products, and Brazilians demand that we should erect barriers". (more...)
Google Apologizes for Ads Appearing Alongside Offensive Content Google Apologizes for Ads Appearing Alongside Offensive Content
- March 21, 2017

Both Facebook and Google had to investigate how their online ad networks helped support such low-quality sites, and advertisers started applying more scrutiny to where their ads showed up. "As an organisation we conduct extensive work with our clients to develop brand safety protocols at the brand level, which will positively influence all their activities". (more...)
Middle Eastern Airlines Report Sudden US Ban On Laptops And Electronic Devices
- March 21, 2017

At least two Middle Eastern airlines are telling passengers that laptops, tablet computers and other electronic devices are no longer allowed as carry-on items in flights headed to the U.S., citing orders from USA authorities. Royal Jordanian's tweet says the restrictions will apply to its flights to New York John F Kennedy, Chicago O'Hare, Detroit and Montreal . So far, only Royal Jordanian Airlines has tweeted about (and subsequently deleted its message). (more...)
Prices fall on fears of United States drillers counteracting OPEC cuts
- March 21, 2017

It showed that hedge funds decreased their net long positions in US WTI (West Texas Intermediate) crude oil contracts by 86,784 contracts to 288,774 contracts in the week ending March 14, 2017-compared to the previous week. "If you make it through this next OPEC compliance meeting and we don't have further jawboning by the Saudis and Russian Federation, or more compliance, I think that you have room to grow on the short side, which is worrisome", Brent Belote, founder of Cayler Capital LLC, ... (more...)
US Supports Fair Trade But Rejects Ban on Protectionism US Supports Fair Trade But Rejects Ban on Protectionism
- March 21, 2017

For Washington, the watered-down language that emerged in their communiqué ensures the US can still use sanctions or other policy tools to punish trade partners and thwart economic policies the Trump administration believes to be unfair. Chapter 11 bankruptcy on Saturday. African Ministers from Côte d'Ivoire, Morocco, Rwanda, Senegal and Tunisia were invited to the G20, where they each delivered presentations on their country's macroeconomic environment, reform initiatives and investment ... (more...)
New healthcare plan still not ready to replace New healthcare plan still not ready to replace
- March 20, 2017

Our elected officials have stated Medicare will not be changed, and health care coverage for Medicare eligible is assured. Prior to Obamacare I had the unfortunate need to take a loved one to the emergency room of various local hospitals. (more...)
JC Penney stores closing in Alabama
- March 20, 2017

Macy's announced it is closing as many as 100 locations in coming years and Sears is closing 42 locations. It once shared a building with a grocery store that closed years ago. The closures include eight stores each in Texas and Minnesota and seven stores a piece in Pennsylvania, Illinois and MI. Some locations, like Ottumwa, Iowa, a former mining town of almost 25,000 people, have had a J.C. (more...)
Aralez Pharmaceuticals Inc. (NASDAQ:ARLZ) Hits Multi-Year Lows
- March 19, 2017

If we look at stock performance in last active day trading, we see that stock has moved ticked up 2.69% to end the day at $2.67. Analyst's mean target price for ARLZ is $8.75 while analysts mean recommendation is 2.00. Aralez Pharmaceuticals Inc (NASDAQ:ARLZ) Director Arthur S. Kirsch acquired 45,000 shares of the stock in a transaction dated Wednesday, March 15th. (more...)
BSNL offers 2GB data per day with unlimited calling at Rs 339
- March 19, 2017

While most operators are offering unlimited calls to any network, BSNL's Rs339 recharge pack limits it to 25 minutes per day. However, Jio's prime membership unveiled last month is comparatively offering better data and voice benefits: The membership starts at Rs 99 per year, which offers extended free voice calls and free data (capped at 1GB per day) until March 2018 for a price of Rs 303 per month. (more...)
U.S. dollar squeezed by cautious Fed U.S. dollar squeezed by cautious Fed
- March 19, 2017

The dollar index was 0.3 percent higher at 101.70, extending a 0.7 percent rise in the past two sessions after a bout of profit taking at the end of last week. "In addition to a general friendliness towards gold for its diversification and hedging properties, lingering uncertainty has likely prevented from shorts becoming aggressive in spite of the challenges that gold has faced in recent weeks". (more...)
Crude Oil Prices Edge Higher, Latest Positioning Data In Focus Crude Oil Prices Edge Higher, Latest Positioning Data In Focus
- March 18, 2017

As Business Insider reports, West Texas Intermediate crude, the USA benchmark, fell to $47.43 per barrel as of Tuesday morning. Even with a rising crude oil price throughout most of 2016, total USA oil production in 2016 was below its 2015 level. (more...)
Large-living Canadian charged in massive Yahoo hack Large-living Canadian charged in massive Yahoo hack
- March 18, 2017

Russian news accounts stressed that one of the FSB agents, Dmitry Dokuchaev, was arrested by Russian authorities in December and charged with treason. "I can't imagine the Russian government is going to hand over the two FSB officers", said Jeremiah Grossman, chief of security strategy at SentinelOne. (more...)
GOP's Obamacare replacement bill clears major hurdle in budget committee
- March 18, 2017

Two of the strongest proponents for the House Republican plan to remake the health care system, Vice President Mike Pence and Speaker Paul D. Ryan, R-Wis., said Wednesday they were open to changes to secure floor passage. Republican Reps. Mark Sanford, Dave Brat and Gary Palmer, who are members of the conservative House Freedom Caucus, joined Democratic committee members in voting against the measure. (more...)
Maharashtra govt plans slew of steps to address farm distress Maharashtra govt plans slew of steps to address farm distress
- March 18, 2017

Earlier, speaking to reporters outside the Assembly, Shiv Sena leader and MLA Anil Kadam said, the State Government should get financial assistance from the Centre within next two days for announcing the loan waiver. The Congress and NCP are shedding crocodile tears in the name of farmers. Later, the Congress and the NCP protested outside State Bank of India head office against bank Chairperson Arundhati Bhattacharya's statements allegedly opposing the loan waiver. (more...)
Intel Pricey Acquisition Of Mobileye Autonomous Vehicle Technology Intel Pricey Acquisition Of Mobileye Autonomous Vehicle Technology
- March 17, 2017

Intel's next biggest deal was widely viewed as a disappointment: the $7.68 billion acquisition of cybersecurity-software company McAfee in 2010. Corporate insiders own 0.09% of the company's stock. The legal version of this news story can be read at [[permalink]]. Other research analysts also recently issued research reports about the stock. UBS maintained its a buy rating and a $42 price target. (more...)
Market Currents: Oil wobbles on OPEC scrutiny
- March 17, 2017

Saudi Arabia said it was "committed" to stabilising the global oil market, and that its output was still in line with its Opec target. Demand growth for oil is expected to drop from 1.6 million barrels a day past year to 1.4 million barrels a day in 2017, the International Energy Agency said in a report on Wednesday, raising further problems for producers as they try to ramp up prices. (more...)
GoPro Inc. (GPRO): Positioning For Profitability GoPro Inc. (GPRO): Positioning For Profitability
- March 17, 2017

The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. There may be various price targets for a stock. GoPro Inc (NASDAQ: GPRO ) has announced that it is reducing the number of employees by a further 270. (more...)
Someone used a $3 million Patriot missile to destroy a store-bought quadcopter Someone used a $3 million Patriot missile to destroy a store-bought quadcopter
- March 17, 2017

The general pointed out that while the Patriot had successfully seen off the drone, using a high-tech missile for such a goal was actually a monumental waste of money. Patriot defence missiles are radar-targeted weapons usually meant to down enemy aircraft and ballistic missiles. Thirteen countries possess Patriot missiles, according to manufacturer Raytheon . (more...)
McDonald's Twitter account hacked - slams Trump as 'disgusting' McDonald's Twitter account hacked - slams Trump as 'disgusting'
- March 17, 2017

It's not the first time a major company's Twitter account has been hacked: Marvel, Netflix and the National Football League have all been victims. I'm still hoping for the irrelevant intern who made a hugely relevant mistake. McDonald's responded to the incident on Twitter, claiming their account had been hacked. Hacking, of course, is the go-to excuse for any celebrity who Tweets something he or she later takes down and regrets. (more...)
Shaw one of five Reds in England squad Shaw one of five Reds in England squad
- March 17, 2017

Many were disappointed to not see Defoe in Roy Hodgson's side for Euro 2016 after saving the Black Cats from relegation, but he has once again shown his talents scoring 14 goals so far in the league. "I think it's important not to look at someone's age and dismiss them from your thinking on that". Southgate also handed call-ups to uncapped pair James Ward-Prowse and Nathan Redmond, but confirmed that the Southampton duo will return to Under-21 level for the summer. (more...)