Economy

The battle for Trump's mind on climate

The battle for Trump's mind on climate

The US withdrawing from the Paris Agreement would only aggravate the climate change problem and make it much more hard to prevent the crossing of a global temperature to a unsafe threshold. Obama and a host of other countries signed the climate change agreement in 2015 and the former president touted it as the "best chance we have" to save the planet. Read More

Continue Reading »

UN chief urges intensified action on climate change

Trump tweeted Wednesday that he "will be announcing my decision on the Paris Accord over the next few days". And while Mr Guterres never mentioned Mr Trump's name, those in the audience were left in little doubt as to where his comments were directed when he said the climate conversation "should cease to be a shouting match". Read More

Continue Reading »

Trump expected to leave climate deal _ but with 'caveats'

Trump expected to leave climate deal _ but with 'caveats'

A March Reuters/Ipsos opinion poll found that 50 per cent of Republicans agreed that the United States should lead the global fight against climate change , while 37 per cent disagreed and 13 per cent were unsure. But the corporate world has by and large come out in favor of staying in the accord. Members of the House leadership team have issued no statements or tweets regarding Trump's decision to withdraw from the accord and offered no explanation when reached out to by CNN . Read More

Continue Reading »

Barclays PLC sells shares in Barclays Africa

Barclays PLC sells shares in Barclays Africa

Barclays is selling down its stake in its African business, marking chief executive Jes Staley's latest effort to make the bank smaller and more focused on its retail and investment banking businesses in Europe and the US. Shares in Barclays closed up 0.4% on the London Stock Exchange. Mr. Staley made a decision to shed Barclays's African business in part because regulators make the large bank hold extra capital against the unit. Read More

Continue Reading »

Britain may be heading for hung Parliament

Ever since, the polling companies have sought to adjust their methodology to take account of their failure to pick up Conservative voters; and by and large they have been unable to do so. YouGov allowed for big variations in the outcome of the election, ranging from as high as 345 seats for the Conservatives, 15 more than their current number, to as low as 274, the pollster's chief executive, Stephan Shakespeare, said. Read More

Continue Reading »

(RAD) Shares Sold by Pioneer Investment Management Inc

It has outperformed by 15.16% the S&P500. Analysts expect Rite Aid Corporation (NYSE: RAD ) to report $-0.01 EPS on June, 15.They anticipate $0.02 EPS change or 200.00% from last quarter's $0.01 EPS. Walnut Private Equity Partners Llc holds 7.93% of its portfolio in Energy Transfer Partners LP for 349,447 shares. Vanguard Grp accumulated 81.01 million shares. Read More

Continue Reading »

Energy Transfer Partners' (ETP)

Energy Transfer Partners' (ETP) "Buy" Rating Reiterated at Citigroup Inc

Sterling Capital Limited stated it has 0% in Energy Transfer Equity LP (NYSE: ETE ). Wellington Mngmt Gp Llp reported 92,553 shares. The stock declined 2.08% or $0.47 reaching $22.1 on the news. Its up 0.17, from 1.44 in 2016Q3. 112 funds opened positions while 405 raised stakes. BNP Paribas Arbitrage SA decreased its position in Energy Transfer Partners LP (NYSE:ETP) by 54.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Read More

Continue Reading »

RSA Insurance Group plc 10.7% Potential Upside Indicated by Goldman Sachs

Therefore 56% are positive. Keycorp had 64 analyst reports since July 20, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Friday, November 6 by Bank of America. Numis Securities maintained Grainger PLC (LON:GRI) rating on Thursday, May 19. The Company operates through five segments: Zambia, which includes emerald and beryl mining activities; Mozambique, which includes ruby and corundum mining activities; United Kingdom, which includes sales of cut and polished gemstones, ... Read More

Continue Reading »

(MRO) Shares Sold by Glenview Trust Co

It has outperformed by 0.72% the S&P500. TFS Capital LLC's holdings in Marathon Petroleum Corp were worth $482,000 at the end of the most recent quarter. Sandy Spring State Bank holds 0% or 114 shares. Moreover, Ariel Investments Llc has 1.25% invested in the company for 2.83 million shares. "Holds Stake in Marathon Petroleum Corp (MPC)" was first reported by Markets Daily and is owned by of Markets Daily. Read More

Continue Reading »

Mark Fields Out as Ford CEO

Bill Ford said he and Hackett will work together to transform the company to "meet future challenges , ensuring the company has the right culture, talent, strategic processes and nimbleness to succeed as society's needs and consumer behavior change over time ". Read More

Continue Reading »

Trump abandoning global climate pact? Decision 'very soon'

Trump abandoning global climate pact? Decision 'very soon'

President Donald Trump is expected to pull out of the Paris climate agreement , multiple news organizations are reporting, citing White House officials. As the second-biggest emitter after China, U.S. success or failure in cutting emissions will affect the global tally. Conservation Colorado noted that the Paris Agreement, as its known, is a voluntary partnership that sets a non-binding goal of cutting USA greenhouse gas emissions by up to 28 percent from 2005 levels by 2025. Read More

Continue Reading »

Enormous Stratolaunch Carrier Aircraft Rolls Out of Hangar for First Time

The co-founder of Microsoft and owner of the Seattle Seahawks has unveiled the world's largest airplane and there's nothing else like it in the sky. Why so big? Allen plans to use the Stratolaunch plane as an airborne rocket launcher. Jeff Bezos, the Amazon CEO, and Elon Musk, the Tesla and SpaceX CEO, have distinguished themselves as the must-watch innovators pushing hardest to bring the future to us today. Read More

Continue Reading »

Strong, swift UN reaction to Trump on climate

Strong, swift UN reaction to Trump on climate

A White House official said Wednesday that there could be "caveats in the language" announcing a withdrawal, leaving open the possibility that his decision isn't final. Chief strategist Steve Bannon supports an exit, while senior adviser Jared Kushner generally thinks the deal is bad, but would like to find a way to see if the USA emissions targets can be changed. Read More

Continue Reading »

31st May 2017 | Pound falls as general election poll predicts hung parliament

31st May 2017 | Pound falls as general election poll predicts hung parliament

A new set of polls shows the Labour Party has cut the Conservatives' lead from around 18 points down to single digits. However, one of the apparent implications of YouGov's pronouncement yesterday that statistical analysis of their mega poll pointed to a hung parliament is that the company thinks the electoral geography of the election may not work to the Conservatives' advantage after all. Read More

Continue Reading »

White House Communications Director Dubke Resigns

He offered to stay on to help manage communications in Washington during Trump's foreign trip, and the president accepted. A senior official told NBC News that the Republican media strategist submitted a letter of resignation. He unleashed a flurry of tweets, lashing out at what he called the "fake news" media. Mike Dubke resigned from the position at the White House earlier this month on May 18. Read More

Continue Reading »

Pound falls again after pollster predicts May will lose majority in election

New constituency-by-constituency modeling by YouGov showed the Conservative Party might lose 20 of the 330 seats it holds while the opposition Labor Party could gain almost 30 seats, The Times said. The British currency dipped by as much as 0.5 percent overnight on the back of the YouGov poll. Commodity-related stocks, usually also beneficiaries from a weak pound , suffered as a supply glut and selling by Chinese speculators spurred the sharpest rout in iron prices this year. Read More

Continue Reading »

Venezuela's opposition accuses Goldman Sachs of aiding Maduro 'dictatorship' via bond sale

However, the economic crisis in Venezuela means that a default is a real possibility, he adds. As the Soviet Union approached collapse, its ability to maintain colonies like Cuba began collapsing , ushering in what Cubans know as the " special period ", when the government could no longer rely on the Soviet Union for its necessary goods and basic food supplies became hard to come by. Read More

Continue Reading »

April Pending Home Sales Dipped More Than 1%

April Pending Home Sales Dipped More Than 1%

A gauge of home purchase contract signings slumped for a second month in April, another sign the housing market is still struggling for a balance between supply and demand. West: PHSI increased 5.8 percent in April to 100.0, 4.2 percent lower than the same time past year. That is the first year-on-year drop since last December and the largest since June 2014. Read More

Continue Reading »

Waiting for Trump to decide about the climate deal

Waiting for Trump to decide about the climate deal

Juncker's comments came the same day a White House official said Trump was expected to pull out of the climate pact. Axios reports that the decision to withdraw from the accord followed an appeal by 22 Republican senators, including Senate Majority leader Mitch McConnell , calling for a "clean exit" from the agreement . Read More

Continue Reading »

Hunter College student has 'subway graduation' after getting stuck on train

Hunter College student has 'subway graduation' after getting stuck on train

From there, the ceremony commenced, complete with handshakes, hugs, applause, someone playing Green Day's "Good Riddance (Time of Your Life)" on their phone, and even a "diploma", of which ABC 7 has a photo. Sadly, Jerich did indeed miss his entire commencement ceremony at Hunter-Bellevue, although he was happy some of his friends and family members were on the subway with him during the whole ordeal. Read More

Continue Reading »

Michael Kors to close 100-125 stores

Michael Kors to close 100-125 stores

It also reduced Direxion Shs Etf Tr (Call) stake by 108,800 shares and now owns 164,000 shares. South Texas Money Limited holds 21,017 shares or 0.05% of its portfolio. KORS has a 1-year high price of $ 53.29 and 1-year low price of $34.92. Company's distance from 20 day simple moving average is -2.04% and distance from 50-Day simple moving average is -2.72%. Read More

Continue Reading »

Theresa May blames 'fake claims' as she denies dementia tax U-turn

A Guardian analysis shows the prime minister is wrong to say that Corbyn has been making " fake claims ". Latest polls show the gap between Labour and Tories narrowing. But she said she wanted to address "shameful" fears that people would be forced to sell their family home. "Raising the means-test threshold to £100,000 will provide some protection for people with modest assets". Read More

Continue Reading »

Bomb kills 13, hurts 24 in Baghdad; IS claims responsibility

The lights on the famous Paris monument went off late on Tuesday to commemorate the at least 42 people killed in suicide bombings the country. No group has claimed the two later attacks. Brett McGurk, the USA envoy to the coalition against ISIS tweeted, "Isis [IS] terrorists tonight in Baghdad target children & families enjoying time together at an ice cream shop". Read More

Continue Reading »

McDonald's expanding delivery locations on UberEats

McDonald's expanding delivery locations on UberEats

For those who are craving some McDonald's burger and fries but can't be bothered to go through a drive-through or a store: McDonald's has partnered with UberEats to provide delivery from about 100 of its Seattle-area restaurants. "You never get that". "It's down to speed, and McDonald's naturally bubbles to the top", Easterbrook said. Ninety-seven McDonald's restaurants in metro Denver are delivering through the UberEats app. Read More

Continue Reading »

New Ford CEO's resume includes furniture and football

New Ford CEO's resume includes furniture and football

He later became the interim athletic director for the University of MI from October, 2014 to March, 2016, before being made Ford's Executive Chairman of Smart Mobility. Ford is also well behind rivals in self-driving vehicle tech, having launched its "mobility" subsidiary just over a year ago. Mr Hackett, 62, revived the fortunes of office furniture maker Steelcase as CEO from 1994 to 2014 and his promotion indicates Ford is looking to seize on that expertise as consumer demands change. Read More

Continue Reading »

US Supreme Court hands down ruling favorable to Mink Shoals Company

Impression , meanwhile, sells refilled Lexmark ink cartridges for a the relative bargain price of $72, apparently without sacrificing ink quality or performance. So question the Court was setting out to answer was: Can the company that sold you something it holds the patent on determine what you do with it after you've bought it, or do they exhaust their patent and therefore relinquish control? Using a used auto fix shop as an example, he added, "The business works because the shop can ... Read More

Continue Reading »

Greece, Italy tensions hit euro, Asian stocks, lift yen, gold

Greece, Italy tensions hit euro, Asian stocks, lift yen, gold

Italy's election results may lead to the rise of the populist Eurosceptic Five Star Movement party, while Greece's debt relief negotiations may falter again in the run-up to the European Union finance minsters' meeting in June. Gold XAU= advanced 0.2 percent to $1,268.76 an ounce. Some 75,000 passengers were affected by the computer system outage that caused chaotic scenes at London Gatwick and Heathrow, Europe's busiest airport. Read More

Continue Reading »

Jefferies Group LLC Reaffirms Buy Rating for Zpg Plc (ZPG)

Therefore 62% are positive. Vodafone Group Plc now has an average analyst recommendation of 2.50 according to analysts. Numis Securities maintained it with "Hold" rating and GBX 206 target in Wednesday, May 31 report. California State Teachers Retirement reported 161,241 shares. Nikko Asset Mngmt Americas holds 7,200 shares. Tfs Capital Ltd has invested 0.02% in Organovo Holdings Inc (NASDAQ:ONVO). Read More

Continue Reading »

US stocks slide further as banks and energy companies sink

US stocks slide further as banks and energy companies sink

The S&P 500 and the Nasdaq snapped their seven-day winning streak on Tuesday as weakness in the energy and financial sectors outweighed gains in technology shares. GlaxoSmithKline PLC had 344 analyst reports since July 28, 2015 according to SRatingsIntel. Atlantic Securities upgraded JPMorgan Chase & Co. (NYSE:JPM) earned "Neutral" rating by Nomura on Thursday, April 14. Read More

Continue Reading »