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Oil prices rise as Saudi and Russia agree to prolong output curbs

Saudi Arabia and Russian Federation said they favor prolonging oil-output cuts by global producers through the first quarter of 2018, setting a firmer timeframe for a likely extension of the curbs. Energy Information Administration report due at 10:30 a.m. EDT on Wednesday. Even extending the cuts into the first quarter of next year may not be enough to rebalance supply and demand. Read More »

Much-anticipated Ariana Grande concert ends in blood, horror

He said: "The bang echoed around the foyer of the arena and people started to run". The crowd was made up of mainly young people who had come to see Grande in her first of three scheduled concerts in the United Kingdom , on her European and Latin American tour. Read More »

FBI Russia Probe Expands to WH Adviser 'Close to the President'


The rule restricts newly appointed government officials from investigating clients of prior employers. White House national security adviser H.R. McMaster on Sunday did not deny that President Donald Trump discussed his motivation for firing FBI Director James Comey in an Oval Office meeting with Russian officials this month. Read More »

About 37000 AT&T workers go on three-day strike

The union is also protesting what it says are AT&T's "pervasive efforts" to outsource customer support jobs. AT&T stores will remain open during the strike. Route 422 in Niles, said they are fighting for affordable benefits, fair wages and job security and are concerned about outsourcing. Over 20,000 of our CWA-represented employees last month approved an early agreement that includes a commitment to hire 3,000 people sourced from work that's now performed mostly offshore. Read More »

Macron Spent His First Full Day As President In Germany


In a press conference after their meeting, Macron called for a "historic reconstruction" of Europe in order to counter the surge of populism, after defeating French nationalist leader Marine Le Pen in the second round of the French presidential election. Read More »

Trump to address graduates of US Coast Guard Academy


President Donald Trump offered a robust defense of his presidency Wednesday, arguing that he has been treated unfairly by the Washington media amid a series of deepening scandals that have engulfed his administration . " I didn't get elected to serve the Washington media or special interests ", Trump said. The rumours about Mr Trump's request of Mr Comey have sparked calls for his impeachment. Read More »

United States diplomat angers Israel with Western Wall comments

Yes, but it'll be quick. Also, East Jerusalem is where the Palestinians want to situate the capital of their independent state. It was in the Israeli victory in the Six-Day War, 50 years ago in 1967 , defeating the attacking armies of Israel's three neighboring countries - Egypt, Jordan and Syria - that Israel captured East Jerusalem, held by Jordan, and united it with West Jerusalem, held by Israel. Read More »

Solar-charging Teslas set for 2018 launch in Netherlands


However, Tesla is unperturbed, as the Solar Roof rounds out CEO Elon Musk's vision for the future of clean energy - combining solar power, home batteries and electric vehicles (EVs), as part of the Master Plan. The roof is guaranteed for the life of the home, which is longer than the 20-year lifespan for a typical, non-solar roof, Musk said. Installations are set to begin in the USA this summer and from 2018 elsewhere. Read More »

Bahubali 2 Movie 14 Days Total Box Office Collection Report


The lead face of the film, Prabhas playing the dual role of his Baahubali and his father has been reportedly paid a whopping amount of Rs 25 crore. On Friday, the film earned Rs 9.50 crore, reports Box Office India . " Baahubali: The Conclusion " a film by SS Rajamouli's which continues to break all the records at the box office has set another record on the 16th day and creates Rs 400 crore club. Read More »

British PM May says June election result "not certain" despite front-runner status


Britain's next election had been scheduled for May 2020, but a two-thirds majority vote in parliament could overrule that in Wednesday's vote, which British media reported could come at around 1300 GMT after an hour and a half of debate. Montgomeryshire MP, Glyn Davies, said the Prime Minister had been left with "little choice" due to frustration over Brexit. Some were surprised by her move - she has repeatedly said she does not want to be distracted by time-consuming campaigning - but ... Read More »

Trump tax plan: Relief for his voters but lots of unknowns


Get free real-time news alerts from the White House Patch. "If I am individually paying 35 percent, I will tell you that's more. OK?" Trump's plan has the potential to provide big tax cuts to high-income families - unless you live in a state with high state and local taxes. Read More »

Chesapeake swings to 1Q profit, beats Street forecasts

National Planning Corp now owns 17,051 shares of the oil and gas exploration company's stock valued at $110,000 after buying an additional 2,069 shares during the last quarter. Chesapeake Utilities Corporation (NYSE: CPK ) had its target price raised to $82.00 by Zacks Investment Research in a report released 5/02/2017. A number of analysts have weighed in on CHK shares. Read More »

$2b fund for Apple partners


Apple also announced on Wednesday that it had created more than 1.5 million jobs in the US. Further, the Apple CEO said they already invest in the developer community in several ways like by offering WWDC scholarships, opening a new developer center in India, etc. Read More »

Marks & Spencer hires "formidable" chairman


M&S announced in a statement this morning that it had appointed Archie Norman as chairman with effect from September 1, to succeed Robert Swannell who will retire from the board on that date. He has also chaired broadcaster ITV ITV.L and been deputy chairman of Australian retailer Coles. "Archie is one of the most respected business leaders in the United Kingdom, with extensive experience as both CEO and chair, and a proven record in retail", Vindi Banga, M&S's senior independent ... Read More »

Groupon, Inc. (GRPN) closed at $3.47 in the last trading session

Analysts are forecasting earnings of $-0.04 on a per share basis this quarter. During the same quarter in the previous year, the company posted ($0.01) EPS. Performance year to date since the 11/04/2011 is 4.52%. For the past 5 years, the company's revenue has grown 1.6%, while the company's earnings per share has grown -10.8%. Read More »

Sensex Rises Over 200 Points, ICICI Bank Surges Over 5%


In Wednesday's early trade, the NSE Nifty too advanced by 32.50 points, or 0.34 per cent, to 9,346.30. The BSE Sensex, which opened at 30,021.49 points, provisionally closed at 29,921.18 points (at 3.30 p.m.) - up a tad 0.64 points or 0.01 per cent from its previous close at 29,918.40 points. Read More »

Conservatives back revised health bill, GOP moderates balk


Trent Franks (R-AZ), a member of the more conservative House Freedom Caucus , who said he was ready to vote for the bill this time. Critics have expressed concerned that through the waivers, states would allow insurers to charge more for people with preexisting conditions and offer lower standards of care in their plans. Read More »

Fed holds interest rates steady, downplays economic weakness


April auto sales data released on Tuesday added to worries that the Fed may eventually take a more dovish-than-expected view on interest rate increases over the remainder of the year. Year on year, it was up 1.6%, the smallest gain since last July and still below the Federal Reserve's target of 2.0%. If that doesn't happen, it could dim the outlook for rate increases. Read More »

Trump calls for 'good shutdown' to fix mess in Senate

Another Florida Republican, Thomas Rooney, said confusion over the potential loss of coverage for pre-existing conditions had his constituents scared that "they're going to die because of a vote that we might be taking". The White House boasted of $15 billion in emergency funding to jumpstart Trump's promise to rebuild the military and an extra $1.5 billion for border security. Read More »

8 shot during San Diego pool party; suspect dead

The victims' names have not been released yet by the officials. The chief said she didn't have any information about a motive or the identity of the gunman. "From the clubhouse there's a view of the pool area where we could see the shooter sitting there with a beer in one hand and the gun in the other". Read More »

Oil prices inch down as oversupply concerns fester

As producers pour billions of dollars of investment into fields like the Permian and Eagle Ford in Texas, the country's oil-rig count has more than doubled in a year to 697 last week, according to Baker Hughes Inc. Despite wanting to boost output, Petroleum Minister Bijan Zanganeh told Reuters on Saturday that Iran has kept its oil production at 3.8 million barrels a day under an agreement brokered past year by the Organisation of the Petroleum Exporting Countries and joined by some ... Read More »

Highly Traded Stock: General Electric Company (GE)


The bumped up target suggests a potential upside of 0.04% from the company's last stock close price. Leisure Capital Management now owns 68,894 shares of the conglomerate's stock valued at $2,041,000 after buying an additional 188 shares during the period. Read More »

Overview of Stock Trend: PayPal Holdings, Inc.'s (PYPL)


Shares of Paypal are up almost 6% to $47.10 in after-hours trading Wednesday. Stock has got OUTPERFORM rating from 15 analysts of Thomson Reuters, 15 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. If you are viewing this story on another website, it was copied illegally and reposted in violation of USA and global copyright law. Want to see what other hedge funds are holding PYPL? For example, by doing in-depth research for their large institutional clients and ... Read More »

Kejriwal is responsible for AAP's defeat in MCD polls: Shiv Sena


AAP leader Kumar Vishwas on Friday said the party was open to take a call on change in the leadership because blaming the EVMs entirely for its poll defeats was wrong when "there is mistrust among people for us". When our armed forces are fighting a battle against terrorism, crossing the LoC to conduct surgical strike, at that time one should back the person who is at the helm of affairs. Read More »

Tesla to double its charging network in 2017

Tesla first revealed its plans for the Supercharger stations in 2012. Many sites will soon enter construction to open in advance of the summer travel season, according to Tesla . 'In North America, we'll increase the number of Superchargers by 150 percent, and in California alone we'll add more than 1,000 Superchargers'. Teslanomics recently looked at the data and concluded that today, there are about 39 Teslas for every Supercharger. Read More »

US to impose 20 percent duties on Canadian softwood lumber: Ross

President) Donald Trump is that, and he's said as much in his autobiographies, he is a bit of a bully". "It has been a bad week for US-Canada trade relations", Ross said in a statement. Meanwhile, the American International Trade Administration has been pursuing an anti-dumping investigation against Canada, but has yet to reach a determination - it is expected to reach a decision by June 23 of this year, according to a notice from the trade administration. Read More »

Ontario to tax non-resident foreign housing buyers 15%

The main reason house prices are skyrocketing in Toronto (the price of an average detached home is now over $1 million and has risen 33 per cent in the past year) isn't that there aren't enough government taxes on real estate. "The argument that developers need to be able to increase rent by as much as 100 per cent or they won't keep building rental units, just does not hold water". Read More »

Dortmund bus attack suspect bet against the team

The 28-year-old dual German and Russian national, named only as Sergei W, is believed to have carried out the attack purely to make a profit by selling shares in the team. Dortmunds first-leg match against Monaco was postponed and the team lost 3-2 to Monaco the next day. The bomb shattered several windows on the bus, wounding Bartra. Read More »

Trump believes in 'reciprocal' free trade: Treasury chief


The IMF projected that Nigeria's economic growth will rise by 0.8 per cent this year. Carstens said that it was important on the issue of trade to recognize the viewpoints of different countries. "We do so think so", she added. France is to hold the first round of presidential elections on Sunday. That inclusiveness needs to be identified and supported by policies on three dimensions: "within countries, across countries, and between generations", she said. Read More »

Trump to Sign Measures to Review Financial Regulation


USA stock indexes have wavered in April, as investors dialed back expectations for tax cuts and fiscal stimulus from the Trump administration that initially pushed up stocks and government-bond yields after the November election. Earlier, Mnuchin suggested that a tax proposal would "pay for itself". Kristian Rouz - One of US President Donald Trump's electoral promises was to boost his country's economic growth through an unprecedented fiscal stimulus plan, which is set to include massive ... Read More »

Bebe expects to close all it stores by the end of May


Last month Bloomberg reported that Bebe was planning to shut just 21 stores and instead become an online-only seller of women's fashion merchandise. Bebe is closing all its stores, the latest brick-and-mortar retailer to get dumped by customers who would rather shop with their phones than their feet. Read More »

United Airlines' Corporate Clients Are Pushing for Customer Service Fixes

Dr David Dao was forcibly removed from another United Airlines plane on April 9 after refusing to give up his seat. All three are still suspended pending an internal investigation into their conduct. United's first-quarter financial results shows higher profits than those expected by analysts, which Munoz said gave the company "a lot of confidence about the foundation we're building". Read More »

Yahoo beats on earnings, says Verizon deal to close in June


The company now has an average rating of "Hold" and a consensus price target of $45.35. There is no concrete way to calculate a price target. In the current month, Pivotal Research has reportedly retained its Hold rating while boosting its price objective to $46. Read More »

Single-Family Housing Production Falls in March


Single-family construction slipped 6.2% to an 821,000-unit pace in March, following its strongest post-recession pace of 875,000 units in February. Looking past month-to-month fluctuations, starts in the first quarter were up 8.1% from the same period in 2016. Read More »