Monday, 26 February 2018
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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 »

Last call to collect leftover tax refunds


In Horn's more than 25 years of experience, most taxpayers filed at the last minute because they were waiting on a 1099 form or a document from a partnership or a business in a taxpayer has invested, such as K-1 form. The requirement to file depends on a person's income, filing status, age and whether they can be claimed as a dependent on someone else's return. IRS will automatically process an extension of time to file when taxpayers select Form 4868 and they are making a full or ... Read More »

LeEco, Vizio Scuttle Proposed Merger


The company is known for its low retail prices on televisions and has entered other areas of consumer electronics such as computers, smartphones and tablets. Less than a year later, Reuters reported that LeEco would be forced to sell the land, saying the company was "cash-strapped and struggling to repay a pile of debts to suppliers and business partners". Read More »

KFC promises to ditch to antibiotic-laden chicken


Officials say it can lead to germs becoming resistant to drugs, making antibiotics no longer effective in treating some illnesses in humans. KFC's rivals have already announced plans to curb their use of chickens raised with antibiotics. Read More »

California governor declares end to drought emergency

It led to the first conservation rules for the nation's most populated and agriculturally productive state, focused on turning off sprinklers and ripping out thirsty lawns. The reversal was swift: As of this week, just 1 percent of the state is still in severe drought, compared to 74 percent of the state one year ago. "They will continue to receive tanks and bottles water for drinking". Read More »

49ers CB Brock arrested on domestic violence charge


It's a swift move from an organization that's attempting to change the culture in Santa Clara. According to a news release from Santa Clara police, officers responded to a report of a domestic violence incident around 9:35 PT Thursday. Cops say the woman's injuries were minor, and she did not require medical attention. They acted quickly just hours after the news of Brock's arrest became public, which was the right decision. Read More »

Alabama Ethics Commission expected to hear Bentley case on Wednesday

The commission, in a series of public votes after hours of private meetings, found probable cause that Bentley violated both the Alabama Ethics Act and the Fair Campaign Practices Act. For example, Byrne said Bentley loaned money to his campaign so he could pay legal bills. Special counsel Jack Sharman, under a tentative schedule he released, plans to kick off proceedings Friday with the release of a report. Read More »

4 things to know about Equal Pay Day

It takes a woman until the following Tuesday to earn what a man does in a single week, and more than 15 months to earn what a man does in a year, according to the National Committee on Pay Equity. She might want to take a closer look at the policies and ideologies her father and his administration have already set forth. Women in New York State only earn 89 cents for every dollar a man does. Read More »

Pink diamond sells for a world record $71.2M

The 14.62 carat vivid blue diamond was sold by Christie's for $57.5 million last May to an undisclosed buyer . It sold for $83m in Geneva in 2013 but the buyer later defaulted. Originally a 132.5 carat rough diamond, the Pink Star took two years to cut and polish after being mined in Botswana by De Beers in 1999. The auction house was forced to buy the diamond from the seller because it had guaranteed a $60 million sale price. Read More »

'Chemical attack' in Syria kills at least 35 people


August 20, 2012: U.S. President Barack Obama says the use of chemical weapons would be a "red line" that would change his calculus on intervening in the civil war and have "enormous consequences". Planes carried out the suspected attack that killed several people including children in the Syrian town. Claims of chemical weapons attacks, particularly the use of the chlorine agent, are not uncommon in Syria's conflict. Read More »

Clause allows Trump to withdraw money from businesses


He also dismissed the Pulitzer Prize-winning ProPublica as a "left-wing blog". A change to the documents , which were signed February 10, says Trump's trustees "shall distribute net income or principal to Donald J. Eric Trump is the President of a large number of The Trump Organization's operating companies and is the Chairman of the Advisory Board. The filing was revealed last week after the GSA, which oversees federal land, told the Trumps that the company is "in full compliance" ... Read More »

Federer Edges Kyrgios, Sets Nadal Final in Miami


Meanwhile, Nadal cruised to 3-3 having dropped just one point on serve, and would drop only five in this set, too. "I wasn't with them and had that match , so it was nice to get this one". 1 Roger Federer in straight sets in the third round of the Masters event in Miami . Known as the Nasdaq-100 Open back then, the round-of-32 matchup saw the two youngsters - one of whom who was still in his teens - play each other for the first time in their careers. Read More »

President Zuma appoints new finance minister

Another ANC veteran, former cabinet minister Barbara Hogan, said Mr. Zuma has become a "rogue" president and the ANC is beginning to distance itself from him. The main opposition party, the Democratic Alliance, said it would file an urgent legal request to try and block the reshuffle and separately push for a parliamentary vote of no-confidence in the President. Read More »