Markets

United CEO felt 'ashamed' by video as Christie asks to suspend overbooking

United CEO felt 'ashamed' by video as Christie asks to suspend overbooking Fearns' experience comes to light as United deals with the fallout of the physical removal of Kentucky doctor David Dao, who was bloodied as airport security hauled him from a flight in Chicago Sunday, to make room for employees from a partner airline, over the objections of fellow passengers. [Full Article...]

United States announces duties up to 24 per cent on Canadian softwood lumber

Commerce is scheduled to issue a decision on the existence and amount of Canadian dumping of these products on. News of the tariffs sent the US dollar sharply up against the Canadian dollar in Asian trading to hit an nearly four-month high. [Full Article...]

Reliance is pumping $2.8 billion more in Jio after registering profits

Reliance is pumping $2.8 billion more in Jio after registering profits The retail business of Reliance Industries Ltd (RIL) reported a 60.2% increase in revenues year on year (yoy) for the full fiscal 2016-17 at Rs 33,765 crore. To put in perspective, it recorded a net loss of Rs.7.46 crores during the same period a year ago. In digital services, the Jio movement is set to transform India. [Full Article...]

LVMH to Consolidate Hold on Dior in Multibillion-euro Deal

LVMH to Consolidate Hold on Dior in Multibillion-euro Deal Shares of LVMH Moet Hennessy Louis Vuitton SE (LVMUY) and Christian Dior SA ( CHDRY ) were gaining around 3 percent and 12 percent, respectively, in Paris after the announcement of LVMH's planned buy out of the luxury brand. - Based on closing prices on April 24, the offer values each Christian Dior share at 260 euros, a 15 percent premium. "This project represents an important milestone f... [Full Article...]

Leaders of IMF and World Bank defend globalization

Leaders of IMF and World Bank defend globalization While Trump has ordered reviews of key trading relationships, he's backed down from a promise to label China a currency manipulator and a Nafta revamp has faced delays. The IMF and World Bank meetings come about a month after Mnuchin insisted that an anti-protectionism pledge be dropped from a Group of 20 communique issued in Baden-Baden, Germany. [Full Article...]

Made Aadhaar mandatory to prevent fund diversion to shell companies: Centre

Made Aadhaar mandatory to prevent fund diversion to shell companies: Centre The bench then said: "Is this the remedy, that you need to have Aadhaar for having PAN?" On March 27, the SC had stated that Aadhaar cards can not be made mandatory by the government for providing benefits of social welfare schemes. There was also constant mismatch of individual details in the two cards. The PAN number is a unique, 10-character alphanumeric identifier, issued to all judicial ent... [Full Article...]

Russian Planes Detected Off Alaska 4 Times This Week

Russian Planes Detected Off Alaska 4 Times This Week Clemons said the Russian aircraft were identified during a maritime patrol close to Alaska . The U.S. Air Force scrambled fighter jets in some of these instances. "All such missions are carried out in strict compliance with worldwide regulations and with respect to national borders". American territorial airspace begins 12 nautical miles from American shores. [Full Article...]

Bill O'Reilly could get up to $25 million in severance

Bill O'Reilly could get up to $25 million in severance The decision came soon after 21st Century Fox announced that O'Reilly would not return to the network amid sexual harassment allegations. Tucker Carlson , the 9 p.m. Ailes and O'Reilly have denied the allegations. O'Reilly's departure may be a step in the right direction (albeit one made for financial, not moral, reasons) but Fox News still needs to work a lot as far as addressing its deep-... [Full Article...]

Finance leaders play down differences with Trump over trade

Finance leaders play down differences with Trump over trade The panel, known as the worldwide monetary and financial committee (IMFC), is set to release the final statement later on Saturday in Washington during the spring meetings of the global Monetary Fund and World Bank. Aso noted that Mnuchin has a direct communication route to the president and "has a good understanding of what's needed". "No country has no texts on trade". [Full Article...]

No impact of Australian visa move on Indian techies: Nasscom

No impact of Australian visa move on Indian techies: Nasscom He added that the Trump administration's H1-B visa policy review will not serve the objective of saving local jobs as the new rules are primarily going to impact only Indian IT companies while not touching other IT players. "The Indian IT industry brings in skilled people in areas where there are gaps in the U.S. and in spite of the gap if the USA believes that protection is required for qualified... [Full Article...]

EBay shares take a hit as outlook fails to inspire investors

EBay shares take a hit as outlook fails to inspire investors Two investment analysts have rated the stock with a sell rating, twenty have given a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. The major reason being that it neither had the promptness of Flipkart, nor the customer focus of Amazon. The stock was sold at an average price of $33.77, for a total value of $560,615.77. [Full Article...]

Judge orders Volkswagen to pay $2.8B in emission scandal

Judge orders Volkswagen to pay $2.8B in emission scandal District Judge Sean Cox is holding a hearing in Detroit Friday, where he is expected to sentence the world's largest automaker to three years' probation as part of a $4.3 billion settlement announced in January. Separately, VW is paying $1.5 billion in a civil case, mostly to settle allegations brought by US environmental regulators, and spending $11 billion to buy back cars and offer other co... [Full Article...]

Ontario unveils new measures to cool housing market

Ontario unveils new measures to cool housing market Those buildings will now be subject to regulated rate increases tied to inflation, which is currently 1.5 per cent - previously landlords were able to demand whatever rent they wanted. Toronto's runaway real estate market could take a breather due to Ontario's new housing measures, but much like what transpired in Vancouver, the impact of the changes is expected to be short-lived, experts say. [Full Article...]

Xi, Trump pledge to expand mutually beneficial cooperation

Xi, Trump pledge to expand mutually beneficial cooperation In return, Xi hoped to obtain assurances from Trump on punitive tariffs and the delay of an American arms sale to Taiwan, at least until after a major Communist Party meeting later this year. economy and his vow to punish Beijing with punitive tariffs. He also noted the importance of protecting human rights, and asked China to adhere to worldwide norms in the seas of East Asia, Tillerson said. [Full Article...]

EPA chief tours toxic East Chicago site

More than one thousand people were forced to evacuate, according to Debbie Chizewer at Northwestern Law School, who has worked very closely with the affected residents. Clean-up would continue in East Chicago , lawmakers said . O'Grady said buyouts and early retirements won't achieve that goal, because the math makes it unrealistic. [Full Article...]

Mnuchin: Tax Reform Derailed by Health Care Failure

Mnuchin: Tax Reform Derailed by Health Care Failure The dollar gained overnight against the yen on comments by U.S. Treasury Secretary Steven Mnuchin that were seen favouring long-term dollar strength. Critics of the Trump administration have called for the president to release his own tax returns before signing any tax reform into law. [Full Article...]

Iowa Lawmakers Show Support of Equal Pay Day

A lifetime of lower pay burdens women's retirement savings, economic opportunities, access to healthcare, and overall quality of life. Equal Pay Day leaves many wondering how long it could take to close the wage gap. They work hard every day at every kind of work there is. U.S. Census data from 2016 suggests that women in the state earn just 64 cents for every dollar earned by a man. [Full Article...]

Family watches as shark kills girl, 17

Family watches as shark kills girl, 17 St John Ambulance said paramedics arrived on the scene 19 minutes after they were called, but the teenager's injuries were severe. In 2014, a 23-year-old man lost both hands after a shark attack in the same area. He asked for anyone who witnessed the attack to come forward. Her mother and two sisters were reportedly watching on from the beach as she was attacked by the shark. [Full Article...]

Anglo American (LON:AAL) Receives Hold Rating From Jefferies Analysts

The stock increased 1.82% or $0.45 during the last trading session, reaching $25.23. (NASDAQ:DAVE) has declined 33.62% since September 9, 2016 and is downtrending. (NASDAQ:DAVE). 24,272 were accumulated by Northern Tru. The stock of Jazz Pharmaceuticals plc - Ordinary Shares (NASDAQ:JAZZ) earned "Neutral" rating by Mizuho on Thursday, April 6. [Full Article...]

Final Four matchups that could make the difference

Final Four matchups that could make the difference The matchup between Wooden Award finalist Nigel Williams-Goss and SEC player of the year Sindarius Thornwell is the one to watch. The Bulldogs will start three transfers - Nigel Williams-Goss (Washington), Johnathan Williams (Missouri) and Jordan Mathews (California) - against SC on Saturday. [Full Article...]


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