Economy

Cavaliers getting the better version of Deron Williams in playoffs

Irving added 28 points and Williams had 14, and now the Cavaliers have a full week off before they play either the Milwaukee Bucks or Toronto Raptors in the Eastern Conference finals starting May 1 in Cleveland. Cleveland is now 12-0 in first round series. Cleveland saw a player who was a step slow after missing time in Dallas with an injury before joining the Cavs, and one who struggled defensively - which made him hard to pair with Kyrie Irving . Read More

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Why has Trump Imposed Timber Tariffs on Canada?

Why has Trump Imposed Timber Tariffs on Canada?

But while the loonie sunk on the news, shares of Canadian lumber exporters actually rallied as some investors had expected an even larger tariff. Canadian firms immediately denounced the decision . American lumber companies were pleased with the decision. Canada has consistently denied it subsidizes its lumber companies. "It simply seems unfair because in the United States, most of the forests are privately owned and therefore they pay full market rate for the stumpage". Read More

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Coal scam: CBI files FIR to probe its former director Ranjit Sinha

Coal scam: CBI files FIR to probe its former director Ranjit Sinha

The court on January 23 directed the probe agency to set up a Special Investigation Team to probe Sinha and asked incumbent agency Director Alok Verma to probe the former agency chief with "due earnestness". Sinha ended up in trouble after a visitor's diary landed in public domain where it suggested that several persons being probed by the CBI met him regularly at his official residence. Read More

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Trump's tax-reform plan remains a work in progress

Despite Mr Trump's enthusiasm, the directives he signed at the Treasury Department on Friday were largely preliminary. "He's not backing away from the supply-side agenda.as you have two competing ways of thinking about taxes inside of the White House ", said Stephen Moore, a senior economic policy expert at the Heritage Foundation who advised the Trump campaign. Read More

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CEO 'heartbroken' over users learning his company sells their email info

CEO 'heartbroken' over users learning his company sells their email info

Uber, for example, was paying Slice to find users' Lyft receipts, so it could see how much they were spending each month, "as a proxy for the health of Lyft's business". The reason people care: Unroll.Me is supposed to protect you from marketers. We may disclose, distribute, transfer, and sell such messages and the data that we collect from or in connection with such messages; provided, however, if we do disclose such messages or data, all personal information contained in such messages ... Read More

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Harris welcomes publication of National Maternity Hospital agreement

Harris welcomes publication of National Maternity Hospital agreement

In a statement, Mr Harris also repeated his request that some time be allowed for the detailed work that is necessary. The Minister intends to report to Government on this project at the end of May. Speaking to RTÉ's Morning Ireland programme today, he said: "I don't feel I should resign". "There's been questions about loyalty to the board - I feel a loyalty to the women of Ireland". Read More

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Investigators sift through wreckage after fire that killed 5

Investigators sift through wreckage after fire that killed 5

Glen Edwards' 17-year-old daughter, Melody, was visiting her friend Jada Foxworth at the Queens Village home that went up in flames Sunday afternoon. When I leave the church I see the missed calls. Carletta Cantres, 47, was in her house a couple of doors down, cooking dinner when she heard about the fire, she recalled on Monday. "We always look out for one another on this block", Julie, who only wanted her first name used, told PIX11. Read More

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Princes William And Harry Open Up About Lady Diana's Death, Mental Health

Princes William And Harry Open Up About Lady Diana's Death, Mental Health

During their chat, William and Kate discussed the trials they faced as new parents when their first child Prince George was born on July 22 2013, with the Duchess describing it as a "steep learning curve". The video is part of the "Heads Together" campaign which began past year. For Harry in particular, bottling up his grief for years only hurt him more in the long-run. Read More

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GST to boost domestic manufacturing, won't up inflation, says Adhia

GST to boost domestic manufacturing, won't up inflation, says Adhia

Speaking to reporters at a GST Conclave here on Tuesday, Adhia also sought to dispel concerns that the prices of essential commodities would go up in the GST regime. Adhia said GSTN has already shortlisted 34 companies to be the GST Suvidha Provider (GSP). The government levies countervailing duty (CVD) and special additional duty (SAD) on imported goods to protect domestic manufacturers. Read More

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United offers refunds to passengers who saw doctor dragged off flight

United offers refunds to passengers who saw doctor dragged off flight

Bumping is rare - only about one in 16,000 passengers got bumped a year ago, the lowest rate since at least the mid-1990s. Sen. Richard Blumenthal, D-Conn., asked the U.S. It gave few details. United said, however, that when it asked for volunteers Sunday night, there were no takers. How many times in the a year ago has United Airlines removed a passenger that has already boarded a plane due to overbooking or other reasons outside the customer's control? In a dispute such as the one ... Read More

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Macron to face Le Pen in French presidential runoff election

Macron to face Le Pen in French presidential runoff election

Speaking from the Elysee palace, Mr Hollande said Ms Le Pen's platform of pulling out of the euro would devastate the country's economy and threaten French liberty. And endorsements from mainstream parties could also work against Macron in a country where the divide between "haves" and "have nots" has been pushing up support year after year for Le Pen's message that only she can defend French workers' jobs and rights. Read More

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Coca-Cola misses first-quarter earnings expectations

Coca-Cola misses first-quarter earnings expectations

Sudden large price movements can create false buy or sell signals in the RSI. The RSI oscillates between zero and 100. Traditional interpretation and usage of the RSI is that RSI values of 70 or above indicate that a security is becoming overbought or overvalued, and therefore may be primed for a trend reversal or corrective pullback in price. Read More

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The Liberum Capital Reiterates

The Liberum Capital Reiterates "Buy" Rating for Electrocomponents plc (ECM)

About 53,142 shares traded. Gemfields PLC (LON:GEM) has declined 5.83% since September 23, 2016 and is downtrending. It has underperformed by 16.09% the S&P500. The stock of Cineworld Group plc (LON:CINE) has "Hold" rating given on Friday, February 12 by Canaccord Genuity. The stock of Safestore Holdings Plc (LON:SAFE) earned "Hold" rating by Peel Hunt on Thursday, February 25. Read More

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AT&T revenue misses estimates as customers keep phones longer

AT&T revenue misses estimates as customers keep phones longer

Operating expenses fell to $32.5 billion from $33.4 billion; operating income was $6.9 billion versus $7.1 billion; and operating income margin was 17.4 percent versus 17.6 percent. "And our planned acquisitions of Fiber Tower and Straight Path will add valuable millimeter wave spectrum assets to our 5G tool kit as we lead the way to the next generation of wireless technology". Read More

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David Dao Boarding United Flight Before Being Dragged Off

Munoz and other executives have vowed to treat customers with dignity, and said that what happened to Dao will never happen again . The reports were released after a Freedom of Information Act request by The Associated Press. The carrier said on Saturday that it was investigating the incident. Dao's attorney, Chicago personal injury lawyer Thomas Demetrio, called the incident reports " utter nonsense ". Read More

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Corn planting progresses throughout West Central Illinois

Corn planting progresses throughout West Central Illinois

The West Southwest District experienced six days suitable for fieldwork, the highest number for any district in IL and a full day more than the statewide average. That is well behind the 32 percent that was in the ground by this time a year ago. Emerged was 5 percent. "U.S. Midwest conditions will remain in focus even as we have record South American supplies hitting the market". Read More

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New United Airlines Policy Scraps Last-Minute Boarding for Crew Members

New United Airlines Policy Scraps Last-Minute Boarding for Crew Members

The new policy comes almost a week after a passenger, Dr. David Dao, was forcibly removed from an overbooked United flight from Chicago's O'Hare International Airport. The goal is to avoid having to find a seat for a crew member after all passengers have already boarded. One was from United and one from American, at the same time , for the same cost, traveling the same route. Read More

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Barrick Gold sees profits rise in quarter but misses analyst expectations

Barrick Gold sees profits rise in quarter but misses analyst expectations

Analyst's mean target price for ABX is $21.05 while analysts mean recommendation is 2.40. Buy rating has been given by 4 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 3 analysts given HOLD rating. COPYRIGHT VIOLATION WARNING: This news story was reported by Transcript Daily and is the property of of Transcript Daily. If you are viewing this piece of content on another website, it was stolen and republished in violation of worldwide trademark & ... Read More

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BJP denies rift in J&K alliance; Azad slams it

BJP denies rift in J&K alliance; Azad slams it

Mehbooba Mufti also said that the situation in the Valley needs to be brought under control before any talks are held. "We can not hold talks when from one side stones are being thrown and bullets are fired from the other", she added. "The Prime Minister suggested that states could organize events there", the statement said. Udhampur/Jammu and Kashmir, April 24: The Congress Party on Monday claimed that violence would continue in Jammu and Kashmir as long as the Peoples Democratic Party ... Read More

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Canadian PM responds to lumber tariffs imposed by the US

That tweet comes a day after Commerce Secretary Wilbur Ross announced a new 20 percent tariff on Canadian softwood lumber imports, a move denounced by Canada as "unfair and unwarranted". Canada "has put forward a number of reasonable proposals to the current United States administration that is responsive to views expressed by U.S. industry", the statement from Canada's Freeland and Carr read. Read More

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IDFC Bank Q4 net up 7%; Sells ₹2000 cr. NPA

Given its comfortable capital availability - the CRAR stood at 13.64% and banks plans to raise upto Rs 1,200 crore through a follow-on offer in FY18 - the management does not rule out even inorganic way of expanding its business. "Cost of funds benefit is helping HDFC Bank to remain extremely competitive in the industry and gain market share", added Mehta. The bad assets proportion of Indian Bank remains one of the lowest amongst PSBs and comparable to that of SBI. Read More

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Where Freeport-McMoRan Inc. (FCX) Stands on ABR?

Where Freeport-McMoRan Inc. (FCX) Stands on ABR?

Freeport-McMoRan (NYSE:FCX) last issued its quarterly earnings data on Wednesday, January 25th. When it comes to the Analysis of a Stock , Price Target plays a vital role. TRADEMARK VIOLATION WARNING: "10,035 Shares in Freeport-McMoRan Inc (FCX) Acquired by Atria Investments LLC" was first posted by Transcript Daily and is owned by of Transcript Daily. Read More

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U.S. FCC to launch 'comprehensive review' of media regulations

U.S. FCC to launch 'comprehensive review' of media regulations

The draft will ask the public how best to preserve an open Internet in the absence of strict FCC rules on providers, according to multiple people familiar with the matter. A broadband provider could potentially decide to change its net neutrality policy after notifying customers. "By doing the immediate reclassification without comment and without process, it would give opponents of what he's trying to do greater confidence that they can prevail eventually with litigation", said an ... Read More

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Nasdaq tops 6000 as earnings boost Wall St; US tax code eyed

Latest polls show the pro-EU Macron is poised to beat far-right opponent Marine Le Pen in the second-round runoff scheduled for May 7. The gains put USA indexes on track to add to their big gains from Monday. At 10:54 a.m. ET, the Dow Jones Industrial Average.DJI was up 218.84 points, or 1.07 percent, at 20,766.6 and the S&P 500.SPX was up 24.19 points, or 1.02 percent, at 2,372.88. Read More

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GOP budget hawks open to Trump tax plan despite deficit

GOP budget hawks open to Trump tax plan despite deficit

While budget director Mick Mulvaney said the White House will only offer "specific governing principles, " with no details until June, the reaction shows how sensitive investors remain to details of the program. Administration officials cautioned that nothing is final. Trump is planning to announce a tax plan on Wednesday, though it is expected to be more of an outline and not rich in detail. Read More

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House sidelines school choice bill

House sidelines school choice bill

State lawmakers lowered maximum class sizes in kindergarten through third grade from 24 students to between 19 and 21 students as part of last year's budget. There could finally be some movement in the North Carolina Senate on a bill that would ease the burden's of a budget requirement to cap class sizes in kindergarten, first, second and third grade classrooms across the state. Read More

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LVMH to consolidate hold on Dior in multibillion-euro deal

LVMH to consolidate hold on Dior in multibillion-euro deal

French luxury group LVMH has agreed to acquire fashion brand Christian Dior's final 26 %. "On the strength of its history and favorable prospects, Christian Dior Couture will be a source of growth for LVMH ", it said. LVMH said the mix of cash and shares values Dior at €260 per share, representing a 15% premium to the stock's closing price on Monday (24 April). Read More

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