Economy

The latest from the Shanghai auto show

It is due to be produced under a new brand name with a local partner, state-owned Jianghuai Automotive Corp. Mats Anderson, a senior director of electric propulsion systems, said in February that its modular vehicle platforms will support 100 kWh battery packs, according to a report by Green auto Congress. Read More

Continue Reading »

$1.58 EPS Expected for Delta Air Lines, Inc. (DAL) This Quarter

$1.58 EPS Expected for Delta Air Lines, Inc. (DAL) This Quarter

The company has price-to-sale ratio of 1.80 in last 12-month period and its price to book ratio was registered at 3.09 in most recent quarter. The Return on Equity ratio of Delta Air Lines , Inc. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website . Meanwhile, due to a recent pullback which led to a fall of nearly -1.48% in the past one month, the stock price is now outperforming with 2.77% so far on the year - still in weak zone. Read More

Continue Reading »

Exxon seeks OK to resume Russian oil venture

Media are reporting that Exxon Mobil has applied for a waiver from US sanctions on Russia so it can resume drilling around the Black Sea with its partner, the Russian state-owned oil company Rosneft. But he pointed out that it has in the past been granted permission from Treasury to keep intact Exxon's joint venture with Rosneft, despite the sanctions. Read More

Continue Reading »

Early results show defeat for Jakarta's Christian governor

The vote is seen as a test of whether the moderate Islam traditionally practised in the world's most populous Muslim country is under threat from hardliners, who have led mass demonstrations against Purnama. The verse has been at the centre of the current blasphemy trial of Ahok who has accused his detractors of using it in a bid to persuade Muslims not to vote for non-Muslims. Read More

Continue Reading »

Former NFL star was serving life sentence

Former NFL star was serving life sentence

An official with the Massachusetts Department of Corrections said Hernandez was found hanged in his cell just after 3am local time on Wednesday. Baez has launched an investigation into the Hernandez's death on behalf of the former New England Patriots' tight end's family, which he told TMZ is "devastated" by the news and isn't buying that the 27-year-old was in the mental state to commit suicide. Read More

Continue Reading »

Arnel Pineda meets Journey's Steve Perry for first time

Courtesy of Rock & Roll Hall of FameThe enduring artistic legacy of the late rapper Tupac Shakur will be honored when Snoop Dogg inducts him into the Rock and Roll Hall Fame tonight in Brooklyn, New York. "I'm ready. I hope you are too". "Joan Baez, she was staggering", he said. I feel maybe we're halfway there to deserving an accolade of this kind of stature ... Read More

Continue Reading »

US VP Pence assures Japan: America is with you '100 percent'

US VP Pence assures Japan: America is with you '100 percent'

The Trump administration has signalled a more forceful U.S. stance toward North Korea's recent missile tests and threats, including a warning from Trump that North Korean leader Kim Jong Un has "gotta behave". Concluding a visit to South Korea, Pence told business leaders in Seoul the administration is taking a fresh look at trade agreements as part of its "America First" policy. Read More

Continue Reading »

Delta cancels 275 more flights days after storm disruptions

Five days after a mid-week storm caused massive flight cancelations, delays and operations, Atlanta-based Delta Air Lines canceled 130 flights on Sunday because of manpower shortages. The flight chaos followed a ground stop at Atlanta on Wednesday as a series of severe thunderstorms passed through the area. Delta went the extra mile a year ago by giving out doughnuts, pizza and drinks to passengers when over 2,000 flights were cancelled due to a power outage. Read More

Continue Reading »

Victoria Beckham's Daughter Harper Adorably Sings 'Happy Birthday' to Her Mom

Victoria Beckham's Daughter Harper Adorably Sings 'Happy Birthday' to Her Mom

Victoria Beckham has never been big on smiling for anything, not even when a pack of strangers sing " Happy Birthday " for her. Her husband, David Beckham , kicked things off, sharing a throwback photo of her in full Posh Spice getup. And the style icon tries to make time for her partner as often as she can, but without their phones so they can enjoy their alone time. Mum is 65 and dad is 70, but they are still quite young-spirited'. Read More

Continue Reading »

Equal Pay Day Is Reminder of Existing Wage Gap

Today the Government's new gender pay initiative comes into force meaning that any company with more than 250 employees will have to publish their gender pay gaps figures within the next year. A woman would have to work until she is 71 years old to make what a man makes by the time he is 60 years old. The report also analyzed the wage gap for Latinas in the state, as well as in each of Connecticut's congressional districts . Read More

Continue Reading »

This Summer's 'Share A Coke' Promo Includes Last Names

This Summer's 'Share A Coke' Promo Includes Last Names

Greenwood Capital Associates LLC increased its position in shares of The Coca-Cola by 0.9% in the fourth quarter. During last 5 trades the stock sticks nearly 0.67%. Annual earnings per share (EPS) growth noted at 47.20% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach 9.38% in coming 5 years. Read More

Continue Reading »

We Need Tax Reform That Works for Working People

But when questions of equality or waste enter the picture, things get a lot thornier. Nobody is happy to write a check to the government. With such a dramatic drop in the tax rate , typical tax planning strategies to minimize cash taxes, such as accelerating deductions or deferring income , will now result in a one-time permanent tax benefit if deductions are accelerated to a higher tax rate year, or income deferred to a lower tax rate year. Read More

Continue Reading »

Abbott, Alere Drop Court Battle For Smaller $5.3B Merger

Abbott, Alere Drop Court Battle For Smaller $5.3B Merger

The current consensus rating on Abbott Laboratories (NYSE:ABT) is Buy (Score: 2.81) with a consensus target price of $49.44 per share, a potential 14.16% upside. The company's net profit margin has achieved the current level of 6.7 percent and possesses 56.8 percent gross margin. The firm's quarterly revenue was up 2.8% compared to the same quarter a year ago. Read More

Continue Reading »

U.S. court fines Brazil's Odebrecht $2.6 billion over bribes

U.S. court fines Brazil's Odebrecht $2.6 billion over bribes

On April 17, U.S. District Court Judge for the Eastern District of New York Raymond Dearie sentenced Odebrecht to pay $2.39 billion to the government of Brazil; $93 million to the U.S. "Odebrecht, together with its co-conspirators, received approximately $3.336 billion in ill-gotten benefits", court documents state. Dubbed "Operation Car Wash", the investigation has been underway for several years with dozens arrested and has already had implications for Brazil's political elite. Read More

Continue Reading »

Lowry bounces back, Raptors edge Bucks to even series at 1-1

The Toronto Raptors don't win 106-100 Tuesday night, levelling their opening-round series with the Milwaukee Bucks at a game apiece, without a lot of contributions. They are 1-11 in Game 1 overall. Lowry said Saturday's poor night felt "like deja vu all over again". Toronto was unable to capitalize on his absence and the Bucks outscored the Raptors 11-5 to end the quarter up 75-70. Read More

Continue Reading »

US Sales Of Nintendo Switch, New 'Zelda' Break Company Records

This was in large part due to The Legend of Zelda: Breath of the Wild , itself becoming Nintendo's fastest-selling launch title, and fastest-selling game in the series. Some people may have purchased Zelda with the hope that they would be able to find a Switch in the meantime, perhaps from an online scalper. Last month Xbox One was ahead of PS4 was October, when Gears of War 4 released worldwide. Read More

Continue Reading »

Easter Sunday: 'He is risen' & a day of new beginnings

Easter Sunday: 'He is risen' & a day of new beginnings

In Biblical stories, this optimism faltered by Good Friday, at which time Jesus was crucified. His followers, his true believers, mourned while those who persecuted him went about their lives. But in reality, it was just the beginning. We renewed two pledges made when we were baptized: to believe in, and therefore, to love God with all our heart, mind, and soul; and to reject Satan and sinfulness. Read More

Continue Reading »

Alaska oil well leaking gas in northern part of state

The spray of crude, along with "minor" oil leakage over the past few days, was fairly isolated and stopped leaking altogether Sunday, according to a statement from the Alaska Department of Environmental Conservation. In 2010, a BP-operated drilling rig called Deepwater Horizon exploded, killing 11 people and spilling almost five million barrels of oil into the Gulf of Mexico, making it the largest oil spill in USA federal waters. Read More

Continue Reading »

Pakistani officials say India abducted retired army officer

Pakistani officials say India abducted retired army officer

Indian officials warned Pakistan that if the death sentence were carried out, it would be considered "pre-meditated murder", and would damage bilateral ties between the countries. "He has the right to file a review in the Supreme Court and also file a mercy petition to the Army Chief and the President in 40 days". The documents will also contain details of arrests and raids done by Pakistan security agencies on Mr Jadhav's tip-offs. Read More

Continue Reading »

Esther Afua Ocloo, Girl of Jam Jars & a Woman of Inspiration

Esther Afua Ocloo, Girl of Jam Jars & a Woman of Inspiration

As a high school graduate with only a few Ghanaian shillings that had been given to her by her aunt, she bought sugar and oranges - along with 12 jars - to make marmalade to sell at a profit. She became the first president of the association, which later became the Federation of Ghana Industries. "She made such an impact that in 1975 she was invited to the first U.N. Read More

Continue Reading »

Asian economies escape 'manipulator' tag, but expect more pressure on trade

The Trump administration has placed six of its major trading partners including China and Japan on a "monitoring list" to keep a close watch on their currency practices. The report said China remained on the list because of its "disproportionate share of the overall USA trade deficit", despite that China's current account surplus was only 1.8 per cent of GDP in 2016, sharply down from 2.8 per cent of GDP in 2015. Read More

Continue Reading »

Mercedes-Benz Stadium construction forces schedule adjustment for Atlanta

Mercedes-Benz Stadium construction forces schedule adjustment for Atlanta

The Atlanta Falcons are now scheduled to open the stadium with their third preseason game against the Arizona Cardinals on Saturday, Aug. 26 at 7 p.m. For MLS fans, that means a move to Georgia Tech's Bobby Dodd stadium. The complexity of the design has taken longer than planned for a variety of reasons, but there is not a concern about the roof operating as designed once construction is complete. Read More

Continue Reading »

Turkish police helicopter crashes in southeast

Turkish police helicopter crashes in southeast

Turkish authorities deployed several rescue teams to the presumed crash area in the province of Tunceli, after the helicopter vanished from the radar on Tuesday. The rescue teams had to climb for over two hours to reach the wreckage, at around 4:34 p.m., said Soylu. Tunceli Province, where the helicopter crashed, is located in the middle of the eastern Anatolia region of Turkey , about 100 kilometers northwest of Diyarbakir. Read More

Continue Reading »