Economy

SpaceX wins contract to launch USAF's GPS III-3 satellite

SpaceX wins contract to launch USAF's GPS III-3 satellite

The contract , worth $96.5 million, is the second Global Positioning System satellite launch contract awarded by the Air Force to Musk's rocket company, known as SpaceX . The first April launch is likely the Intelsat 35e communications satellite, part of Intelsat's "Epic" fleet, to provide coverage over North and South America, the Caribbean, Europe and Africa. Read More

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Notre Dame escapes against No. 12 seed Princeton

Notre Dame escapes against No. 12 seed Princeton

The Princeton University men's basketball team almost pulled off a first round stunner in the NCAA tournament. "We had a shot", Princeton coach Mitch Henderson said. "We just stole wins to get to the Elite Eight". No team in the tournament averages fewer turnovers than Notre Dame. "This year has been awesome for us" Cook said. Read More

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Twitter reportedly broadens live video push

Twitter reportedly broadens live video push

According to a report from The Information , the company is set to announce next week that it will open up its livestreaming API to allow media companies to livestream to Twitter . The company is also reportedly hoping to make a big splash at the upcoming "newfronts" digital media marketing event in May. As many other social networking sites and applications has live streaming support, it will give a tough competition to all the other services which are available including facebook live . Read More

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Gold inches up ahead of US Fed rate rise clues

Gold inches up ahead of US Fed rate rise clues

The dollar suffered similar losses on the yen to huddle at 113.38. While U.S. officials actually raised short-term interest rates by a quarter of a percentage point-to a range between 0.75% and 1%-the decision came as no surprise for investors, on the back of earlier statements and positive economic data. Read More

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Why I Love St Patrick's Day

When he was about 60 years old, Saint Patrick returned to Ireland to spread the Christian word. Other legends surround St Patrick include banishing all snakes from the island -this is in fact an allegory of his struggles against the Druids. Read More

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Nurses being turned away at US-Canada border due to immigration policy

Nurses being turned away at US-Canada border due to immigration policy

Canadian nurses recently blocked from their jobs at US hospitals because of issues with their work visas should be able to cross the border, according to American immigration lawyers. Under Nafta, the CBP added, the non-immigrant professional TN category "allows citizens of Canada and Mexico, as Nafta professionals, to work in the United States in prearranged business activities for USA or foreign employers". Read More

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Investors focus on expected Fed hike, oil rebounds

That gradual pace is one reason investors remain enthusiastic about stocks in the face of rising rates , which historically have spooked stock holders because they can slow economic growth and corporate profits. While the French CAC 40 Index rose by 0.3 percent, the U.K.'s FTSE 100 Index and the German DAX Index both edged up by 0.1 percent. After the United Kingdom vote last summer to leave the European Union, investors were anxious about whether a wave of nationalism across the continent ... Read More

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Media Freaks Over Who's Traveling With Tillerson To Asia

Tillerson will visit Japan, South Korea and China with tensions soaring in the region. Secretary of State Rex Tillerson is traveling around East Asia with only one reporter in tow, and the major media outlets are freaking out. "The message now, to China in particular when he gets to Beijing, is that press freedom doesn't matter", MSNBC's Andrea Mitchell said in response, "Up until now, secretaries of state have made it a key demand that our press corps gets into meetings ... Read More

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Wal-Mart Stores, Inc. (NYSE:WMT) Shares on the Go mid-Session

Wal-Mart Stores, Inc. (NYSE:WMT) Shares on the Go mid-Session

Following the sale, the insider now owns 10,507,127 shares of the company's stock, valued at $754,306,647.33. The company's market cap is $216.48 Billion. MD increased its position in shares of Wal-Mart Stores by 1.2% in the third quarter. The company's shares were closed at 58.52. US carriers are heading toward their worst monthly stock decline since June, weighed down by plans from United and American Airlines Group Inc.to add flights and routes. Read More

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Trump Actually Proposes Eliminating Arts Agencies In His Budget

Though both independent agencies have been targeted for cuts before, this marks the first time a president has called for ending the endowments, which combined have annual budgets of roughly $300 million. Its research and leadership in the arts is critical, she said, and its money makes many endeavors possible. And the SDAC receives half of their funding from the NEA. Read More

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Recent analysts Ratings: Kinder Morgan, Inc. (NYSE:KMI)

Recent analysts Ratings: Kinder Morgan, Inc. (NYSE:KMI)

The fund owned 54,195 shares of the company's stock after selling 3,491 shares during the period. Public Employees Retirement System of OH raised its position in Kinder Morgan by 8.1% in the second quarter. Presently, it has a Return on Equity (ROE) of 1.60% and Return on Investment (ROI) of 2.70%. For the Next fiscal year, the estimate is $0.78 based on the consensus. Read More

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PBOC raises interest rates following US Fed hike

PBOC raises interest rates following US Fed hike

China's central bank has responded to the Federal Reserve's move overnight by raising interbank interest rates in a bid to avoid downward pressure on the yuan from investors chasing higher returns and shifting their money to the US. On Thursday it raised its own rates a bit, lifting a six-month and. The Fed's key short-term rate is rising by a quarter-point to a still-low range of 0.75% to 1% as it perceives the economy no longer needs the support of ultra-low borrowing rates and is healthy ... Read More

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Next Weeks Broker Price Targets For Oracle Corporation (NYSE:ORCL)

Next Weeks Broker Price Targets For Oracle Corporation (NYSE:ORCL)

Finally, Wunderlich reissued a hold rating and set a $43.00 target price on shares of Oracle in a research note on Friday, December 16th. Equities research analysts predict that Oracle will post $2.56 EPS for the current fiscal year. Perigon Wealth Management LLC now owns 17,122 shares of the enterprise software provider's stock valued at $701,000 after buying an additional 2,260 shares in the last quarter. Read More

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New smartphone threat: Now attackers can use sound to hack your device

New smartphone threat: Now attackers can use sound to hack your device

They also used a music app on an Android phone to hijack another app that relies on the accelerometer to control an RC auto. Kevin Fu, an associate professor of electrical engineering and computer science at MI told NYT that it is a sort of a 'musical virus.' "It's like an opera singer who hits a particular note pitch and breaks a wine glass at a distance", he comments. Read More

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United States stocks gain, dollar falls on Fed decision

United States stocks gain, dollar falls on Fed decision

With the rate at its current level - as of Wednesday, a range of 0.75 percent to 1 percent - the Fed will have nowhere to turn in the event of a sudden recession. The S&P 500 ( GSPC ) saw a similarly rapid climb around the time of the 2 p.m. announcement , rising more than 9 points, or almost 0.4 percent, with a close of 2,385 - more than 14 points ahead of its market open. Read More

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Trend Analysis Report: Viavi Solutions Inc. (VIAV)

The share price is now -5.5 percent versus its SMA20, 3.37 percent versus its SMA50, and 22.66 percent versus its SMA200. On 16 March 2017, Viavi Solutions Inc. Also, SVP Luke M. Scrivanich sold 39,563 shares of the stock in a transaction on Wednesday, February 8th. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website . Read More

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BA owner to launch 'Level' low-priced long-haul airline

BA owner to launch 'Level' low-priced long-haul airline

British Airways parent International Airlines Group will launch a low-priced, long-haul airline that will offer flights from Barcelona to the U.S. West Coast and elsewhere starting in June, making it the latest such carrier that Delta Air Lines (DAL), American Airlines (AAL) and United Airlines (UAL) will face over the Atlantic Ocean. Read More

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Facebook, Google and Twitter may face fines by European consumer protection authorities

Facebook, Google and Twitter may face fines by European consumer protection authorities

The Commission sent letters to all three companies in December saying that their terms of service violate European Union consumer protection laws, particularly with regard to the presence of frauds and scams hosted on all the sites. The EU has urged social media companies to do more when it comes to assessing the suitability of user generated content. The draft bill, which was introduced by justice minister Heiko Mass on Tuesday, is created to reduce hate crime and criminal activity on social ... Read More

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New Trump Travel Ban Blocked by 2 Federal Judges

New Trump Travel Ban Blocked by 2 Federal Judges

Refugees are still barred for 120 days, but an indefinite ban on all refugees from Syria was dropped. But right activists and Muslim groups had called the second order another Muslim ban. Reaction also poured in from lawyers who opposed the ban. Hawaii argued that the ban discriminates on the basis of nationality and would prevent Hawaii residents from receiving visits from relatives in the six countries covered by the ban. Read More

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Shares of Bank of America Corporation (BAC) Sees Large Outflow of Money

Shares of Bank of America Corporation (BAC) Sees Large Outflow of Money

The stock hit its 52-week high price on 3/2/17 and 52-week low price on 6/27/16. Technically, BAC stock is trading in territory not seen since early 2008, but resistance could emerge near $26 as the shares move higher. For the next 5 years, Bank of America Corporation is expecting Growth of 10.83% per annum, whereas in the past 5 years the growth was 24.44% per annum. Read More

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Analyst Views on Price Target: AbbVie Inc (NYSE:ABBV)

Analyst Views on Price Target: AbbVie Inc (NYSE:ABBV)

Following the sale, the senior vice president now directly owns 26,078 shares in the company, valued at approximately $1,702,632.62. AbbVie Inc (NYSE:ABBV) plunged -0.27% during previous trade, a total of 3.73M shares exchanged hands compared with its average trading volume of 7.19M shares whereas its relative volume is 0.53. Read More

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Analyst's Watch: Halliburton Company (NYSE:HAL)

Analyst's Watch: Halliburton Company (NYSE:HAL)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Halliburton Company (NYSE: HAL ) stock is now pricing at roughly $51.54. The 52-week high of the share price is $58.78 and the company has a market cap of $44,136 million. Institutional investors own 79.50% of the company's stock. Read More

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No, Feeding Hungry Kids and Seniors Isn't a Waste of Money

While Trump didn't cut funding for the Agriculture Department's food safety and inspection service, which looks at things like our meat, chicken, and egg products, another key agency remains uncertain. One reporter reminded the OMB director, "The United Nations said the world is now facing the largest humanitarian crisis since the end of World War II - 20 million people in just four countries facing starvation or famine - and yet you're cutting funding to the U.N., cutting funding to the ... Read More

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Secret Service Agents in Hot Water for Selfies with Donald Trump III

Secret Service Agents in Hot Water for Selfies with Donald Trump III

Two Secret Service agents are facing an internal investigation over their alleged conduct last week while they protected a grandchild of President Donald Trump, people familiar with the matter tell CNN. Once dropped off by the two agents, the young Donald informed his mother, Vanessa about what happened in the vehicle and she, in turn, recounted the situation to her husband. Read More

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