Money

Family honors American killed in London attack

Family honors American killed in London attack

As they walked across London's Westminster Bridge near the Houses of Parliament on Wednesday afternoon, the last day of their vacation, the Utah couple's celebratory trip turned to tragedy. The family said they were "deeply touched" by the donations, generosity and assistance of government agencies in the United Kingdom and the US. "Kurt was a good man and a loving husband to our sister and daughter, Melissa", the statement said. Read More

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SE Asia stocks: Subdued on Trump healthcare defeat

In a sign of stress for Wall Street stocks, U.S. equity index futures fell to a six-week low. "This is resulting in a bout of risk aversion weighing on the dollar", said Shin Kadota, senior strategist at Barclays in Tokyo. Analysts said the demise of the health care replacement, Trump's first major legislative effort, raised questions about the new president's ability to advance the rest of his agenda. Read More

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Asian markets open weak; US Healthcare Bill failure

Markets were unnerved last week by Trump's inability to get enough support for legislation to overhaul the US healthcare system, a major 2016 election campaign promise of the president and his allies. Shares of Toshiba tumbled 2.91 per cent after local media reports that Toshiba's United States subsidiary Westinghouse may file for bankruptcy on Tuesday and seek support from Korea Electric Power. Read More

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Mover inside Traders Radar: Cisco Systems, Inc. (NASDAQ:CSCO)

Citizens & Northern Corp's holdings in Cisco Systems were worth $809,000 at the end of the most recent reporting period. Dubuque Bank & Trust Co. boosted its position in shares of Cisco Systems by 44.6% in the third quarter. The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 26th. The ex-dividend date of this dividend is Tuesday, April 4th. Read More

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SpaceX readies for first relaunch of 'flight-proven' Falcon 9

The first stage of the Falcon rocket being tested today launched an ISS resupply mission almost a year ago. SpaceX does not refer to the Falcon 9 boosters for its uncrewed missions as "used", but prefers to call them "flight-proven". Air Force weather officials said. The SES-10 satellite will provide television broadcast and telecommunication services to Mexico, Central America, South America and the Caribbean. Read More

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Full breakdown of Kyle Larson's win at Auto Club Speedway

Full breakdown of Kyle Larson's win at Auto Club Speedway

Kyle Larson wins the Auto Club 400 in Southern California after finishing 2nd place in the previous three races. "I'm really fortunate to be driving really fast race cars right now", Larson said. " ... This is a sport of speed, execution and luck, and when you're on a roll like that and you've got all three on your side, it's a (darned) good feeling". Read More

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Erdogan: Turkey might hold referendum on European Union membership

Erdogan has accused Germany, and Chancellor Angela Merkel, of "committing Nazi practices" after some local authorities blocked appearances by Turkish ministers hoping to campaign in Germany for a presidential system at home. Despite the strained relations, no European Union leader has openly said that a "yes" vote would spell the end of Turkey's already-embattled bid to join the bloc. Read More

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China Southern Airlines may sell stake to American Airlines

The deal should offer American Airlines more possibilities to tap into China's growing aviation market. China Southern is the last of the nation's top three airlines to bring in a non-mainland Chinese strategic investor. Traffic between China to the USA continues to soar. Shares of China Southern will remain suspended in Shanghai until further notice, the carrier said. Read More

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US Stocks vs. Trump's Healthcare Reform

US Stocks vs. Trump's Healthcare Reform

While Nicholas Yeo, head of China/Hong Kong equities at Aberdeen Asset Management in Hong Kong said that "Any big pullback in markets would be an opportunity for long-term investment in a region where potential is still intact", Even with the recent bail outs, the United States stocks are historically trading higher today, but lesser regards to the Asian stocks. Read More

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Nunes Backs Down From Assertion Trump Was Monitored

The new Chair of the Intelligence Committee of the House of Representatives, Devin Nunes (the Californian Representative), gave a press conference on the wire taps of Team Trump. Trump, and he also confirmed an FBI investigation into possible collusion between Trump associates and Russian Federation. Stone told CNN he has done nothing wrong. Read More

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Qatar plans £5 billion spending spree in UK

Qatar plans £5 billion spending spree in UK

The Qatar government is to invest £5 billion ($6.3 billion) in the United Kingdom over the next five years, deepening trade ties with Britain as it prepares to leave the European Union. We have more than £35bn to £40bn of investments already in the UK. "Qatar is supporting that. Qatar will do its best to further this agreement", he said . Read More

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Donald Trump approval rating: Failed healthcare vote drags president's low numbers lower

Polls released next week will begin to reflect the fallout fro Trump's failure and the impact on his approval rating. The president commented via Twitter on the bill's failure. The poll's margin of error is 3 percentage points. Rasmussen Reports , which often finds more positive results for Republicans than other surveying firms, found that Trump's approval rating among likely voters stood at 44 percent Friday. Read More

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After Electronics Ban, Airlines Promise To Make Flying Great Again

The policy restricts passengers from bringing electronic devices larger than a cell phone on board an aircraft flying to the USA from 10 airports located in eight majority-Muslim countries. "Passengers travelling to the countries affected may wish to consider leaving their electronic devices at home, although this may be hard for many, especially business travellers and families travelling with children". Read More

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Saudis announce new tax rate for Aramco amid plans for IPO

Saudis announce new tax rate for Aramco amid plans for IPO

Aramco chief executive Amin Nasser said in a statement that the tax cut would help Aramco develop by bringing the company in line with worldwide benchmarks. Industry executives have said the IPO will help Aramco, one of the country's most efficient state enterprises, expand its business in line with market principles and form partnerships with private-sector companies around the world. Read More

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Intelligence committee members disagree on dust-up involving Devin Nunes

Intelligence committee members disagree on dust-up involving Devin Nunes

Obama , intelligence officials and lawmakers, including Nunes and Schiff, have all said Trump was not the subject of Obama administration wiretaps . "The intelligence committee - that's a committee that I call the tip of the spear because without national security, it's tough to keep those trade routes open", Nunes said in a 2014 interview with the Tulare Advance-Register. Read More

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US Sen. Durbin statement on GOP health care law

US Sen. Durbin statement on GOP health care law

Rules on what benefits health insurance plans must cover have become a major negotiating point as Republicans wrangle votes to repeal Obamacare, even though removing the regulations is likely to upset US insurance markets. Deputy House Whip Rep. Richard Hudson (R-NC) told Talking Points Memo that Senate Majority Leader Mitch McConnell (R-KY) assured him that he would amend the bill to gut the essential health benefits requirement when it came to the Senate. Read More

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94-year-old woman celebrates 44 years working at McDonald's

94-year-old woman celebrates 44 years working at McDonald's

Loraine Maurer, who is now employed at the North Green River location, was surrounded by dozens of family, friends and community members inside the burger joint last Thursday. Many a nutriotionist has knocked McDonald's for its food in the past but the dedicated employee says she actually eats it every day she's on duty. "Life is what you make it". Read More

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Mayor De Blasio Says 'Fearless Girl' Statue Can Stay Through February 2018

The new permit will be issued under the Department of Transportation's art program. It originally was supposed to stay until 2 April. The bronze statue, entitled " Fearless Girl ", was installed a day ahead of International Women's Day. It has remained there for almost three decades watching over Wall Street, becoming a symbol for the USA financial markets. State Street Global Advisors said that the statue is a symbol of female empowerment. Read More

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Record-Setting $1M Gold Coin Stolen In Germany

Record-Setting $1M Gold Coin Stolen In Germany

The perpetrators used a ladder on a railway line near the museum and entered the building at around 3:30 am (1:10 GMT), local police reported on Twitter. The museum said on its website that the coin was issued by the Royal Canadian Mint in 2007 and was featured in the Guinness Book of Records for its "unmatched" degree of purity. Read More

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United Kingdom banks to face new stress tests

United Kingdom banks to face new stress tests

With Article 50 to be triggered on Wednesday, banks have now been ordered to prove they have plans in place to cope with a range of Brexit outcomes. The Bank of England's Financial Policy Committee says underwriting standards for consumer credit are a possible problem and will be "monitored closely". Read More

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Algeria Joins Call to Roll Over Oil Output Cuts Beyond June

The country's target cut is 300,000 barrels a day. It now trades at just under $50 a barrel. OPEC ministers will meet May 25 in Vienna to decide whether to extend the deal. "We have discussed this [implementation] and made an assessment that February showed even more positive dynamics". Boutarfa asked for the cuts to be extended for three or four months. Read More

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New Zealand, China plan to renegotiate free trade deal

New Zealand on Monday became the first Western developed country to sign a cooperation agreement with China on the Belt and Road (B&R) Initiative. China and New Zealand have signed a cooperation agreement on the Belt and Road initiative. So far over 50 countries have signed agreements on the initiative. "This maritime silk road will go through the South China Sea". Tourism Export Council chief executive Lesley Immink said her organisation applauded the extension of the multi entry visa ... Read More

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Shailene Woodley Sentenced Over Dakota Access Pipeline Protest

Now, People reports that Woodley - who was in North Dakota to protest the construction of the Dakota Access Pipeline - will take on a year of unsupervised probation in exchange for pleading guilty for a charge of disorderly conduct. The Class B misdemeanor charge amends her original criminal trespass charge, according to The Bismarck Tribune . "I would have made, like, a face". Read More

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Traders Checklist Stock: MGM Resorts International (NYSE:MGM)

Traders Checklist Stock: MGM Resorts International (NYSE:MGM)

Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. Digging a bit further, company shares have been noted -15.67% off the 52 week high and 28.20% away from the 52 week low. Ngam Advisors L.P. increased its stake in shares of MGM Resorts International by 22.8% in the third quarter. The stock, after opening at $6.98, hit $6.88 through the close by scoring 3.77%. Read More

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Amazon is working on several physical store formulas

The technologies were earlier gaming-centric but now, it seems that companies such as retail giant Amazon could make them intrinsic to everyday activities such as shopping, according to a new report . The report also details a push for physical grocery stores in India, dubbed "Project Everest", for which Amazon has already sought Indian government approval . Read More

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Dow and Dupont merger gets European Union go-ahead

Dow and Dupont merger gets European Union go-ahead

Dow Chemical and DuPont, two of the oldest U.S. companies, announced their tie-up in December 2015 to create the world's biggest chemical and materials group. Part of Dow's petrochemical business also will be sold - manufacturing facilities in Spain for acid copolymers and a contract through which it sources ionomers. Read More

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Shiv Sena likens Ravindra Gaikwad to Kapil Sharma, questions dual standards

Shiv Sena likens Ravindra Gaikwad to Kapil Sharma, questions dual standards

Gaikwad is understood to have got down at Vapi station in Gujarat, Sena sources said. Kapil Sharma too misbehaved in flight, he was drunk, he wasn't banned, says Sena MP Anandrao Adsul. Meanwhile, the Shiv Sena has come out openly in support of the MP, calling out for a shutdown in Gaikwad's parliamentary constituency Osmanabad. "Rules are the same for everyone", Raju said. Read More

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Advertisers demand discounts from Google after row over extremist content on YouTube

Advertisers demand discounts from Google after row over extremist content on YouTube

The global advertiser boycott of Google and YouTube has spread to Australia, with Holden and Kia pulling advertising from the video website over misogyny concerns. They join Johnson & Johnson, Verizon, Volkswagen, The Guardian, AT&T and others. The search giant has also said it will block some of the most offensive content, though that would certainly spark a debate over censorship. Read More

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