Economy

Physician who was dragged off flight settles with United

Physician who was dragged off flight settles with United

The settlement came the same day United announced a sweeping series of changes for passenger protection, including paying up to $10,000 for travelers who voluntarily give up their seat on an overbooked flight. The airline was criticized in March after a gate agent stopped two teenage girls from boarding a flight because they were wearing leggings - an apparent violation of a dress code for passengers traveling in a program for employees and their dependents. Read More

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Oil prices face second weekly loss as oversupply lingers

Oil prices face second weekly loss as oversupply lingers

Saudi Arabia will also have a tougher time, its supply cuts came when domestic demand was already at a seasonal low. That reflects recent investor concern about the strength of rebounding USA oil production and ebbing faith that the Organization of the Petroleum Exporting Countries can effectively lead the market back into balance after several years of oversupply. Read More

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Notable Buzzer of Last Trading Day: Xerox Corporation's (XRX)

Price Target plays a critical role when it comes to the analysis of a Stock. Basically, a price target is an individual analyst's projection on the future price of a stock. The information technology services provider reported $0.15 EPS for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.01. It would take about 1.52 days to cover all short positions. Read More

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Flying Uber 2020 timetable set

The brand announced its plan to deploy a fleet of small electric aircraft that are able to take off and land vertically, all while spewing zero emissions and little to no noise. The company has also partnered with USA electric vehicle charging station maker ChargePoint Inc. After upending the taxi market with its ride-hailing service, Uber Technologies Inc [UBER.UL] is now aiming for the skies with its flying taxis. Read More

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Uber gives in, grants benefits to British drivers

Uber gives in, grants benefits to British drivers

The changes were brought about due to feedback that Uber has collected from its drivers, who pushed for a fairer rating system. Your rating should be just beneath your name as you swipe to your profile. There is also accidental death or permanent total disablement cover of £50,000 if an accident takes place during a trip or while logged into the Uber app. Read More

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PM Turnbull Reveals Immigration Shake-Up With Axing Of 457 Visas

Those who are on the 457 visa in Australia now will not be affected by the new visa reforms. The new rules won't apply to those now on 457 visas. Prime Minister Malcolm Turnbull has told the media that anyone coming to Australia with the intention of being a citizen will have to understand that the government is "putting Australian values at the heart of citizenship processes and requirements". Read More

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Bank of Japan trims inflation view, stands pat on policy

Bank of Japan trims inflation view, stands pat on policy

Industrial product in March also fell more that expected, but economists remain optimistic that output will quickly recover in the following month as strength in overseas economies increases export demand. "Today's downward forecast adjustment highlights that the Bank is still struggling to lift inflation", Capital Economics economist Marcel Thieliant said. Read More

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MCD Election Result: AAP Should Accept Defeat and Move On

From coming to power in the 2015 Assembly elections with 67 of 70 seats, the party on Wednesday managed only 48 seats of 270 that were fought. The AAP's humiliating defeat plunged it into a crisis even as its top leadership put up a courageous front suggesting it was all expected due to tampering with EVMs, an allegation that has been rubbished by the Election Commission. Read More

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Fred Hoiberg Had No Time For Questions About Isaiah Thomas' Dribbling

The Celtics made up for inconsistent shooting by playing stifling defense in the fourth, outscoring Chicago 29-16 in the period and flustering the Bulls into turnovers, missed shots and two technical fouls down the stretch. Olynyk converted a three-point play with 8:09 left, then Horford stole the ball from Lopez at midcourt and went uncontested for a dunk to make it 91-85. Read More

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Internet firms winding up for a fight on 'net neutrality'

Internet firms winding up for a fight on 'net neutrality'

Evan Greer, campaign director at the digital rights group Fight for the Future , said in a statement , "Pai's speech was an insult to the intelligence of internet users". "Earlier today I shared with my fellow commissioners a proposal to reverse the mistake of Title II and return to the light touch framework that served us so well during the Clinton Administration, Bush administration, and first six years of the Obama administration", Pai said in a speech today in Washington . Read More

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Theme parks: Comcast's under-the-radar growth driver

Theme parks: Comcast's under-the-radar growth driver

Large investors have recently added to or reduced their stakes in the company. The overall volume in the last trading session was 5.22 million shares, versus the average volume of 3.82 million shares. This represents a $0.63 dividend on an annualized basis and a yield of 1.62%. Old Second Bancorp, Inc.'s dividend has April 28, 2017 as record date. Comcast's payout ratio is now 30.81%. Read More

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Eric Thames sets Brewers mark with 11th home run in April

Accusing Thames of taking PEDs just because he's had a good month not only is insulting to the player himself but to the Korean Baseball Organization, as well. Plus, Thames is far from the first player to benefit from getting more experience in another country. Brewers: RHP Zach Davies (1-2, 8.24) makes his fifth start and second against the Reds this season. Read More

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Oil prices slip ahead of US stock data after surprise API build

Traders are anxious the Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers will not extend the deal to cut production by 1.8 million barrels per day (bpd) in the first half of 2017. The increase in USA output has overshadowed pledged output cuts by major producers. So far, Moscow hasn't signaled support for an extension to the output cuts. Read More

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After steel, Trump trains his sights on aluminum imports

Concern is brewing because there is only one USA smelter remaining that produces high-purity aluminum used for building planes such as the F-35, F-18 and C-17 as well as armor plating for military vehicles and some missiles, Ross aid. Ross said the US now only has one company that can mass produce aluminum in that quality, although he didn't identify the Hawesville smelter. China, the world's top producer and consumer of the metal, is seriously concerned by the probe and hope to resolve the ... Read More

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Woman held captive in pit inside neighbor's shed

Woman held captive in pit inside neighbor's shed

But they say she declined to participate in any prosecution of him at that time. That's when OH law enforcement found a woman trapped in a pit inside a shed behind the home. Police chief providing update right now. Police say an OH man with mental health problems kidnapped a neighbor and kept her trapped in a small pit in his backyard shed, where her cries for help alerted other people living nearby and led to her rescue. Read More

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BP plc 32.4% Potential Upside Indicated by Barclays Capital

BP plc 32.4% Potential Upside Indicated by Barclays Capital

Deutsche have a GBX 1650.00 price target on the stock. These analysts and investment firms use various valuation methods to decide a price target for a stock. The difference between Actual EPS and Estimated EPS was 0.02 Percent. Market capitalisation for LON:BP is £91,920,429,349 GBP. The stock was bought at an average cost of GBX 354 ($4.42) per share, for a total transaction of £4,956 ($6,184.95). Read More

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Sell-Side Analyst's Predictions: Applied Materials, Inc. (AMAT), Aetna Inc. (AET)

Capital Research Global Investors now owns 13,560,000 shares of the manufacturing equipment provider's stock valued at $408,834,000 after buying an additional 7,560,000 shares in the last quarter. The company had revenue of $3.28 billion for the quarter, compared to analyst estimates of $3.27 billion. The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Read More

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Day of Prayer to be celebrated May 4 in Frazee

Day of Prayer to be celebrated May 4 in Frazee

In Tehachapi, there will be community events morning, noon and night. -"If we ever forget that we are One Nation Under God, then we will be a Nation gone under". The non-denominational prayer and worship event will feature area pastors, music by OHS Choral Department members Allyson Petrone and Jeremy Robinson, as well as a proclamation and prayer by both Opelika Mayor Gary Fuller and Auburn Mayor Bill Ham. Read More

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Burning Stock on the move: Valeant Pharmaceuticals International, Inc. (VRX)

Burning Stock on the move: Valeant Pharmaceuticals International, Inc. (VRX)

During the session thus far, the equity dipped down to $8.50 and touched $9.06 as the high point. Equities analysts forecast that Valeant Pharmaceuticals Intl will post $3.89 EPS for the current year. 16,576,279 shares of the company traded hands. The stock's 50 day moving average is 10.58 and its 200 day moving average is 15.34. The brokerage now has a $8.00 price target on the specialty pharmaceutical company's stock, down from their previous price target of $11.50. Read More

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Eli Lilly swings to loss on higher sales, cuts 2017 EPS view

Eli Lilly swings to loss on higher sales, cuts 2017 EPS view

CHICAGO TRUST Co NA raised its position in Eli Lilly and by 5.6% in the first quarter. Bartlett & Co. LLC now owns 9,772 shares of the company's stock valued at $784,000 after buying an additional 101 shares in the last quarter. LLY's revenue has declined at an average annualized rate of about -2.7% during the past five years. The company said in January that it would buy migraine drug developer CoLucid for about $960 million. Read More

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Hollywood producer testifies in Robert Durst murder case

Hollywood producer testifies in Robert Durst murder case

A longtime friend of Berman's, Obst testified Wednesday that Berman had told her she pretended to be Kathleen Durst in a phone call with a doctor at the Albert Einstein College of Medicine in NY on February 1, 1982. The call came the day Kathleen Durst was expected to begin a clerkship in pediatrics at the facility. Kathleen claimed Durst had beat her and owned a gun, according to Varian's report, and she spent two hours sitting in her neighbour's bathroom. Read More

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New US softwood lumber duties a focal point of BC election

New US softwood lumber duties a focal point of BC election

Clark says she has written to Prime Minister Justin Trudeau asking Ottawa to act by stopping the export of the coal, including from the United States. Rail shipments of thermal coal pass through the Lower Mainland regularly from the United States, a practice denounced by some residents and politicians because of health concerns and the greenhouse emissions produced by coal-powered electricity generation. Read More

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Apple receives permit to test self-driving cars in California

Obtaining a permit for autonomous vehicle testing requires multiple steps, including outlining details for each specific vehicle being tested, suggesting Apple may have some sort of test vehicle that's road ready. Applying for and receiving the permit, however, has made Apple's interest in self-driving cars more public. Start-ups are also vying to enter the market: Udacity Inc - an online education company cofounded by a pioneer of Google's self-driving auto initiative - is building an ... Read More

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