Wednesday, 21 February 2018
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Stop whining, Obama tells Donald Trump

Independent studies and election officials in both parties say they see no evidence that voter fraud - individuals impersonating others to cast ballots - is a widespread problem. Donald Trump's campaign manager is acknowledging that the Republican presidential nominee needs a "comeback" in the final weeks of the campaign. "So many cities are corrupt and voter fraud is very, very common". Read More »

Tesla says self-driving hardware to be built into all its cars

All Tesla vehicles produced at the company's California factory, including the forthcoming entry-level Model 3, will "have the hardware needed for full self-driving capability". "It might be cool to own one, but until networks start broadcasting regularly in 4K, it's just a vanity purchase", she said. Musk complained Wednesday that much of the criticism is unfair since the Autopilot system is statistically safer than manually driven cars. Read More »

FY2017 Earnings Estimate for Abbott Laboratories Issued By Jefferies Group (ABT)

The weekly performance is 0.66% for Abbott Laboratories, while the monthly performance measure stands at -0.60%. The most optimistic analyst sees the stock reaching $50 while the most conventional predicts the target price at $45. The stock now has Weekly Volatility of 1.72% and Monthly Volatility of 1.81%. The ex-dividend date is Wednesday, October 12th. Credit Suisse reinitiated Abbott Laboratories (NYSE: ABT ) on Monday, August 10 with "Outperform" rating. Read More »

Despite failures, North Korea could field missile next year: US expert

It was reported that the U.S. military detected a failed North Korean test launch of an intermediate ballistic missile near the north-western city of Kusong. "Britain claims that this military exercise is not targeting us, but the US and South Korea openly say that these military exercises are aimed at launching a strike against our military facilities and our command structure". Read More »

From air, few signs of French migrant camp's imminent end


That means 6,000 to 10,000 migrants will need to be relocated, including up to 1,300 minors, according to different estimates from charities operating in the camp. "I'm also curious that there are no young women - I would have thought they would be much more vulnerable". Under the rule, asylum claims must be made in the first safe country a person reaches - but children can have their application transferred to another country if they have family members living there. Read More »

United States stocks join global slump following weak report from China


Wall Street was set to open lower on Thursday as investors fretted about China's weak economic data and the prospects of an interest rate hike by the end of the year. Copper and gold producer Freeport-McMoRan gave up 46 cents, or 4.6 percent, to $9.59. The Standard & Poor's 500 index declined 16 points, or 0.8 percent, to 2,122. Read More »

China criticizes European import duties on steel


He added, "It shows taking seriously the need to more quickly defend the industry against unfair dumping of steel". Dominic King, head of policy at trade group UK Steel, said: "The speed at which tariffs have been imposed on dumped steel from China by the European Union today is welcomed; however, the duty levels are still inadequate, especially when compared with the firm action taken by the US". Read More »

Asian stocks mostly up as Deutsche Bank concerns ease

Deutsche's woes, alongside a grilling of Wells Fargo's chief executive by USA lawmakers amid a call for the bank to be broken down due to a scandal over its opening of client accounts without agreement, helped push the S&P bank index down 1.6 percent. Read More »

Banks, energy companies lead stock market higher


Or that banks face market-to-market losses on their bond holdings. ENERGY: Oil prices eased after rising to their highest in three months. It was last at 1.6725 on Wednesday. Strong jobs numbers might encourage the Federal Reserve to raise interest rates this year. Richmond Fed President Jeffrey Lacker argued that borrowing costs might need to rise significantly to keep inflation under control. Read More »

Deutsche Bank Needs to Show Its Business Model Viable: IMF Official


The shaky bank has been teetering since the US Department of Justice in September demanded some $14bn (£10.8bn) to settle claims that Deutsche mis-sold US mortgage-backed securities in the lead-up to the 2008 global financial crisis. The question to focus on now, Union's Engels said, is what Deutsche Bank's strategy will look like in the future, considering low interest rates, and how it would finance a possible settlement and future capital requirements. Read More »

Start Time, Streaming Video For Tuesday's VP Debate

The Washington Post's Karen Tumulty explains what is at stake during vice-presidential debates before Tim Kaine and Mike Pence face off on October 4. While Pence tries to defend his running mate's many controversies, Kaine , 58, will have to do the same. Every one in awhile, there's a moment in a debate that lives well beyond anything else - even the memory of who was the debate victor. Read More »

European Stocks Cruise Higher As Deutsche Bank, UK Shares Climb

THE QUOTE: "Now that there is a prospect of a second rate hike in the US, and people are asking how high the USA policy interest rate will be able to go, attention is focusing on the secular stagnation theory, which claims that neutral real interest rates have fallen", says a market report from Nomura Securities in Singapore. Read More »

Mercedes unveils electric SUV at Paris Motor show

Therefore, as well as going the distance, the Generation EQ will have to deliver something much more so that it truly is an object of plug-in automotive desire. The emission-free automobile is the future. The platform can be used on SUVs, saloons, coupés and other model series. Mercedes-Benz is planning to launch 10 electric cars under a new electric sub-brand by 2025, and the carmaker just gave us our first glimpse into what those future models will look like. Read More »

Russell Wilson to start for Seattle despite knee sprain

It will look like an impossible task. The Ravens are 3-0 after a win over the Jaguars. Brandon Marshall is my key to this game, as he has not been the red zone presence that he was past year. Eric decker might not play, but this is a winnable matchup for Quincy Enunwa and Robby Anderson. The two-time Defensive Player of the Year had surgery in July for a herniated disc and reinjured his back in Sunday's loss to New England. Read More »

How the Dow Jones industrial average fared on Monday

Deutsche Bank'sU .S. -traded stock fell more than 7% in recent trading, while financial stocks in the S&P 500 dropped 1.2%. USA market indexes were lower Thursday. Stocks in Asia got hammered, with Japan's Nikkei 225 index falling 1.3% and stocks in Hong Kong falling 1.6% and shares in mainland China closing 1.8% lower. Read More »

Tokyo: Nikkei falls on strong yen trend


Consumer prices in the Tokyo area in September dropped 0.5 percent, the fastest year-on-year drop since 2013. The euro inched up 0.1 per cent to US$1.1223, while the dollar climbed 0.3 percent to 100.950 against the safe-haven yen as broader risk sentiment improved. Read More »

Wells Fargo claws back part of CEO, other executive's salary


Customers sometimes were assessed checking account overdraft fees because bank employees opened fake savings accounts and transferred money into those accounts without the customers' permission. They are so desperate to bury this scandal that CEO John Stumpf has elected to forfeit a significant portion of his salary, including his bonus and stock awards. Read More »

Gold holds biggest gain in 2 weeks after Fed

Eastern. The Standard & Poor's 500 index rose 11 points, or 0.5 percent, to 2,174 and the Nasdaq composite rose 34 points, or 0.7 percent, to 5,329. However, the Fed has dropped some strong hints that interest rates will go up before the end of the year. That left investors feeling that any monetary policy tightening would be leisurely at best. Read More »

Singapore music startup buys 49 percent of Rolling Stone Magazine


BandLab's flagship product is a free app based social platform with a global community of musicians and fans who create and collaborate on music. The deal has been in the works for about 15 months, added Kuok, whose other acquisitions have included Singapore-based guitar distributor Swee Lee; European music-making web service Composr; and San Francisco-based MONO Creators Inc., a creator of musician accessories. Read More »

Drugmaker Pfizer decides not to break up business


In recent months, New York-based Pfizer had signaled it might stay together . Pfizer assumes no obligation to update forward-looking statements contained in this release as the result of new information or future events or developments. Read More »

Bill Clinton hosts last charity event amid election scrutiny

Politico credits the cuts to the "concessions made by the Clinton Foundation to controversies swirling around Hillary Clinton's presidential campaign". This week's event was held under a cloud of election year questions fueled by Donald Trump , who is locked in a close race against Hillary Clinton . Read More »

Pipeline developer buys ranch near North Dakota protest camp

Dakota Access is controlled by Energy Transfer Partners LP, which did not immediately respond to requests for comment. "Their rights are seriously being infringed by the construction of the pipeline", Wang said. A leak or spill could be disastrous. In a curious development, members of the Standing Rock tribe have reached out to show support for Iowa land-owners. Read More »

Dollar Strengthens on Fed Decision

The Dow Jones industrial average .DJI was up 125.33 points, or 0.69 percent, to 18,419.03, the S&P 500 .SPX gained 15.04 points, or 0.7 percent, to 2,178.16 and the Nasdaq Composite .IXIC added 44.34 points, or 0.84 percent, to 5,339.52. The euro EUR=EBS rose 0.2 percent to $1.1204, after gaining 0.3 percent on Wednesday. The dollar index dropped 0.5 percent to 95.189. The New Zealand dollar slipped briefly after the Reserve Bank of New Zealand (RBNZ) left the door wide open for ... Read More »

Homebuilder confidence surged in September


The NAHB's index gauges how builders rate present and future market conditions for new home sales. Builder confidence surged in September to the highest level in almost a year, a positive sign for the housing market and the nation's economic growth. Read More »

Crude Oil Rebounds after API Report Shows Smaller-Than-Expected Build

China's industrial output grew the fastest in five months as demand for products from coal to cars rebounded thanks to higher government spending and a year-long credit and property boom. November Brent crude LCOX6, +0.63% on London's ICE Futures exchange rose $0.30, or 0.7%, to $46.15 a barrel. Saudi Arabia and Iran have each raised oil output by over 1 million barrels a day since late 2014 when OPEC shifted strategy to defend market share rather than price. Read More »

US agency orders corrective action after gas pipeline spill

The 5,500-mile long pipeline runs from Houston, Texas to New York City and normally carries 1.3 million barrels of refined gasoline and other petroleum products a day. Motorists should not expect gas outages in any areas, according to Tom Kloza, Global Head of Energy Analysis for Oil Price Information Service. "It's like a mini-hurricane". Read More »

Atlantic City cop shot and in surgery


Two Cumberland County men have been arrested after a shooting that left one man dead and critically injured an Atlantic City police officer. All five persons of interest sought by law enforcement have been located and identified. In a statement Sunday, Guardian said, "I can not even begin to thank everyone who has offered their support to our police department over the past couple of days". Read More »

Tropical Storm Julia keeping strength off coast of Carolinas


Ian is moving toward the north-northeast near 20 miles per hour. Forecasters think the storm may start moving west-southwest by Saturday night, influenced by a strong subtropical ridge, before turning west-northwest. Tropical depression #12 over the far E. Atlantic has become "Karl". The National Hurricane Center gives it a 20 percent chance to develop into something a little more organized before heading inland late Friday. Read More »

Tax loophole for United States companies operating overseas just got tighter


Treasury Assistant Secretary for Tax Policy Mark Mazur said the government was closing another tax loophole that contributes to the erosion of the USA tax base. Treasury issued the rule a year ago to prevent companies from enjoying a foreign tax credit when the related profits remained offshore. New rules on tax inversions, where companies move their headquarters to a lower-tax nation through mergers or acquisitions, also thwarted a proposed merger between USA drug giant Pfizer and ... Read More »

Burritos in the Sky: Chipotle Tests Drone Deliveries


Project Wing has previously delivered dog treats, radios, and chocolates at an Australian cattle ranch. Getting Alphabet drones to help drop burritos out of the sky is a nice little shot in the arm for Chipotle and its new minority owner Bill Ackman. Read More »

Protest grows ahead of key ruling on Dakota Access pipeline


Almost 40 people have been arrested since the protest began in April, including tribal chairman Dave Archambault II, though none stemmed from Saturday's confrontation between protesters and construction workers. Green Party presidential candidate Jill Stein and running mate Ajamu Baraka camped with protesters Monday, and her campaign spokeswoman said Stein spray-painted construction equipment Tuesday. Read More »

Most Recent analysts Ratings: HD Supply Holdings, Inc. (NASDAQ:HDS)


The stock, which fluctuated between $43.48 and $44.35 during the day, now situated -5.53% below its 52 week high. HD Supply Holdings has a 1-year low of $21.26 and a 1-year high of $36.99. While looking at the Stock's Performance, HD Supply Holdings, Inc . now shows a Weekly Performance of 3.31%, where Monthly Performance is 4.25%, Quarterly performance is 5.33%, 6 Months performance is 27.62% and yearly performance percentage is 13.24%. Read More »

Seagate Technology (STX) Stock Up, ValueAct Buys Larger Stake


The volatility (week) for Seagate Technology plc is at 2.62% and the volatility (month) is at 2.56%. Over the same time span, the stock notched a high price of US$49.52 and its minimum level reached was US$18.42. The ValueAct position that has gained the most attention in the a year ago has been a longtime holding in Valeant Pharmaceuticals International Inc, whose shares have plunged almost 90 percent since it was embroiled in a scandal involving its accounting practices. Read More »