Economy

United Kingdom names spy chief amid dispute with US

United Kingdom names spy chief amid dispute with US

On Friday Trump stood by the unproven claims and shrugged off a dispute with Britain over the notion their spy agency had a hand in it. This month, a Fox News commentator, Andrew Napolitano, aired claims that president Barack Obama had used GCHQ to wiretap president-elect Trump as a way of circumventing laws on spying on United States citizens. Read More

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Inflation reaches 2.3% - highest level since 2013

Inflation reaches 2.3% - highest level since 2013

The supermarket price war had kept a lid on price rises, but food is now becoming more expensive as producers begin to pass down soaring import costs triggered by the pound's slump since the European Union referendum result. As it happens, the switch takes place at a time when CPI and CPIH are both at 2.3 per cent, but for most of the past four years CPIH has been higher. Read More

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United States taxpayers may be on hook for protest costs

United States taxpayers may be on hook for protest costs

The US Court of Appeals for the District of Columbia Circuit ruled on Saturday that the tribes had not met the requirements for the order to be issued. The Corps on Tuesday filed its opposition to those requests, saying the agency's permission for the Lake Oahe work "represents the culmination of over two years of detailed environmental analysis and extensive consultation with (the tribes)". Read More

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What we know about the electronics restrictions on some foreign flights

The Trump administration on Tuesday enacted a flight restriction that bars passengers headed to the USA from eight majority-Muslim countries from using electronic devices larger than a smartphone. The US department of homeland security has not ruled out expanding the restrictions to other airports. "I've spoken a couple times in the last week with the Department of Homeland Security about a new aviation threat", Rep. Read More

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Manipur: CM N Biren Singh clears floor test with 33 MLAs

Manipur: CM N Biren Singh clears floor test with 33 MLAs

At one point of time the chief minister and leader of the House Nongthombam Biren Singh had to intervene, urging the pro tem Speaker to deal with the matter according to the law. The indefinite economic blockade was also lifted at on midnight on Sunday by the United Naga Council after tripartite talks between the BJP (at the Centre and the state government) and the UNC. Read More

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Business CBN MPC Retains Interest Rate At 14%

Business CBN MPC Retains Interest Rate At 14%

He said the CBN had so far met all the legitimate demands from genuine customers, and would ensure sustainable forex liquidity and transparency in the process to enable as many customers as possible to get access to forex. A summary of the CBN intervention in the interbank market over the past two months shows the highest bid rate was N360 per dollar, while the lowest was N315 per dollar. Read More

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Police seek man wanted in connection with first-degree murder of boy

Police seek man wanted in connection with first-degree murder of boy

Police allege Kuijer attacked Nathan on Friday morning, causing undisclosed injuries. Police said a man entered a Royal Bank of Canada located at 211 Martindale Road and stabbed a female employee on March 17. Kuijer was arrested without incident, police say, adding he was alone at the time of his arrest. When reached by phone, Nathan's mother, Whitney Dumas, declined to offer comment. Read More

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Nike Inc (NYSE:NKE), Oclaro, Inc. (NASDAQ:OCLR)

Nike Inc (NYSE:NKE), Oclaro, Inc. (NASDAQ:OCLR)

The stock was sold at an average price of $52.39, for a total value of $10,478,000.00. More analysts at Reuters have a buy or better ratings (23) on the NIKE, Inc . Well, not only the management, the sell-side analysts covering the company also project steep growth post-2019. This Consumer Discretionary Sector stock now has the Market Capitalization of 95.63 Billion. Read More

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Regional Express grounds further five planes

During Friday's flight, the crew shut down the right-hand engine following "abnormal indications" with the pilot "feathering" the propeller to reduce drag. The maintenance is expected to cause only minor delays over the next two days, a spokeswoman said. "The propeller assembly was seen to rotate upwards and to the right". Read More

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The pound is climbing after inflation hit its highest level since 2013

The pound is climbing after inflation hit its highest level since 2013

Figures from the Office for National Statistics ( ONS ) showed food was becoming more expensive again - up 0.3% on the same month past year - after 31 months in a row of deflation amid a supermarket price war. The Bank of England has said it will allow for an inflation overshoot for some time to help the United Kingdom economy through a potentially turbulent divorce with the European Union. Read More

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Uber President resigns after 6 months

Uber President resigns after 6 months

He joined Uber from Target Corp, where he was chief marketing officer and is credited with modernising the retailer's brand. All three issued full-throated admissions that the company has big problems that are being rooted out in various areas, including Kalanick's leadership, the way the company operates internally and how the company treats its drivers. Read More

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Sterling hits 3-week high as United Kingdom inflation shoots past BoE target

On this occasion, however, the ONS will promote CPIH - a measure that includes owner-occupiers' housing costs - to be the main measure of inflation in its statistical bulletins. The Consumer Price Index measure of inflation rose by 2.3% in February compared with 1.8% in December. Stephen Devlin, the New Economics Foundation's senior economist, said costs were continuing to outstrip wages for the majority of households. Read More

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Ivanka Trump brand hit with class action lawsuit alleging 'unfair competition'

Ivanka Trump brand hit with class action lawsuit alleging 'unfair competition'

She keeps showing up at meetings with other world leaders like Angela Merkel and Justin Trudeau, so they aren't exactly trying to keep her involvement a secret. A clothing retailer in San Francisco has filed a class-action lawsuit against Ivanka Trump's clothing company, alleging that the company has gained unfair advantage due to Ivanka's father being President of the United States . Read More

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Man rides horse through Texas Walmart in viral video

Man rides horse through Texas Walmart in viral video

Woody Fields and two of his friends were riding their horses , when they got the urge to take a ride through the store. The video has reached over 1.6 million views within in the three days. Rather than hitch up to the Redbox, they rode straight past security and trotted around their local Wally World for a few minutes. Walmart, though, has released a statement calling Fields' actions a "reckless stunt". Read More

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Delta Air Lines, Inc. (DAL)

Delta Air Lines, Inc. (DAL)

Two Month Ago Analyst Ratings: DELTA AIR LINES , INC. Edmond DE Rothschild Italia SGR SPA now owns 6,277 shares of the company's stock worth $247,000 after buying an additional 71 shares during the last quarter. The Stock has YTD (year to date) performance of -4.38 percent. Following the transaction, the president now directly owns 172,418 shares of the company's stock, valued at $8,762,282.76. Read More

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Insider Trading at Capital One Financial Corp.?

The stock is now trading 2.00% above its SMA 50 and 29.21% above its SMA 200. Finally, Systematic Financial Management LP purchased a new position in Carolina Financial Corp during the fourth quarter valued at $8,074,000. This represents a $1.60 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend is Wednesday, March 15th. EverBank Financial Corp's dividend payout ratio (DPR) is 22.86%. Read More

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Hot Stock to Watch: Rite Aid Corporation (RAD)

The Moving Average SMA50 is -24.53% while SMA200 is -34.76%. BlackRock Institutional Trust Company N.A. now owns 27,268,276 shares of the company's stock worth $209,693,000 after buying an additional 340,214 shares during the last quarter. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of -12.5%. The company reached a 52-week low at 4.61 on Mar 9, 2017. Read More

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What's new in the Upcoming Samsung Galaxy S8?

What's new in the Upcoming Samsung Galaxy S8?

Meanwhile, latest updates this week suggest that there is a possibility that the Samsung Galaxy Note 8 may no longer be the most premium Samsung mobile release . You can report it through the official channels of Samsung or your carrier. The reason behind its addition is that the iris scanner was said to be facing some issues in terms of speed and accuracy, according to a report from SamMobile , via the Korean Economic Daily, earlier this month. Read More

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Nearly 1500 migrants rescued from Italian waters

Nearly 1500 migrants rescued from Italian waters

And this common will has a common objective: "to not chase or suffer illegal migration but govern it". "Among these the demand to regulate migrant flows in the central Mediterranean is one of the strongest demands". Those picked up off Libya and not entitled to worldwide protection would be returned to their countries of origin, Minniti said, without saying what would happen to those who are eligible for asylum, subsidiary protection or humanitarian protection. Read More

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Ryan: Must Change AHCA to Ease Impact on Older People

Ryan: Must Change AHCA to Ease Impact on Older People

But first, they need 218 votes in the House by Thursday, when a floor vote is scheduled on the American Healthcare Act. House Republican leaders released a package of amendments Monday evening to modify the GOP bill to repeal and replace Obamacare - the culmination of days of negotiations and closed-door meetings to win over critics and skeptics of the proposal. Read More

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FireEye, Inc. (FEYE): What's the Story?

FireEye, Inc. (FEYE): What's the Story?

First Analysis upgraded FireEye Inc (NASDAQ: FEYE ) on Friday, February 3 to "Equal-Weight" rating. The move shot FireEye stock up to the 50-day moving average around $11.83, which shares haven't even sniffed since early February, when earnings caused the stock to collapse hard after a multi-month battle with the level. Read More

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Advanced Micro Devices, Inc. (AMD) Receives $9.76 Average Price Target from Brokerages

Advanced Micro Devices, Inc. (AMD) Receives $9.76 Average Price Target from Brokerages

The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 50%. While 15 number of analysts gave ratings for HOLD in current. According to the latest research reports released, 6 analysts have issued a rating of "buy", 5 analysts "outperform", 14 analysts "hold", 0 analysts "underperform" and 2 analysts "sell". Read More

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Albertson's Considers Merger With Sprouts Farmers Market Inc (SFM)

Albertson's Considers Merger With Sprouts Farmers Market Inc (SFM)

These analysts have also projected a Low Estimate of $0.24/share and a High Estimate of $0.32/share. Albertsons and Sprouts operate competing concepts in many markets including California, Nevada, Colorado, Arizona and Texas. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 18.32% where SMA50 and SMA200 are 16.35% and 4.44% respectively. The stock appeared -27.25% below its 52-week highs and is up 21.66% for the last five trades. Read More

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Stocks under Review: First Solar, Inc. (FSLR), Gilead Sciences Inc. (GILD)

Baird. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". Average recommendation stands as Hold with consensus analysis of 23 Analysts. Moving toward the volatility measures, the price volatility of stock was 0.45% for a week and 0.49% for a month as well as price volatility's Average True Range for 14 days was 0.54. Read More

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Oil drops on rising United States drilling

Within OPEC, Saudi Arabia has shouldered the burden of the production cuts, offsetting poorer compliance by other nations. 100% delivery of the quota will be achieved by the end of April because of process specificities of oil production in Russia , Energy Minister Alexander Novak said earlier. Read More

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Trump is $1B 'poorer' in latest Forbes ranking

Trump is $1B 'poorer' in latest Forbes ranking

Louis' favorite villain by moving the Rams football team to Los Angeles. This year Forbes ranked a record 2,043 billionaires. The magazine said that the number of billionaires worldwide has increased from 1,810 in 2016 to 2,043. The president's net worth has tumbled to $3.5 billion as the value of office and retail space in Midtown Manhattan, where Trump owns about 10 buildings, took a hit, according to the magazine's yearly rankings of the world's billionaires. Read More

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