Money

Timeline: Devin Nunes and the Trump wiretapping claims

Timeline: Devin Nunes and the Trump wiretapping claims

Adam Schiff, the panel's top Democrat, issued a stunning statement on Monday in which he called for Nunes to recuse himself-both from the investigation into Russian Federation and any "oversight of matters pertaining to any incidental collection of the Trump transition", of which Nunes served as an executive committee member. Read More

Continue Reading »

No need for despondency over downgrade: Gigaba

This was despite a statement made to journalists on Monday, hours ahead of the downgrade announcement, that the Cabinet reshuffle by President Jacob Zuma in the early hours of Friday morning would not result in a downgrade. "There is no way we can guarantee what direction the rating agencies are going to take". The minister said asking whether the country could afford the nuclear programme was premature‚ saying the decision of where the power stations would be built‚ whether they would ... Read More

Continue Reading »

Bangladesh wins toss and bats in the 1st T20 vs

Bangladesh wins toss and bats in the 1st T20 vs

On the other hand, Bangladesh , under Mashrafe Mortaza, have a settled playing XI as not many drastic changes to the team that featured in the ODIs can be expected. Bangladesh captain Mashrafe Mortaza, who announced his retirement from Twenty20 global cricket before the game, won the toss and opted to bat first but the side was rocked by Lasith Malinga's second ball strike. Read More

Continue Reading »

Mariners ace Felix Hernandez exits Opening Day start due to tight groin

Mariners ace Felix Hernandez exits Opening Day start due to tight groin

Hernandez virtually guaranteed he'd make his next start, which would be the saving grace of a toothless night for the Mariners in which they managed just three hits -one of them to the infield. On the other side, the Astros are also 3-7 in their last 10 games versus American League West, are 3-8 in their last 11 home games, and are 4-12 in their last 16 home games versus right-handed starter. Read More

Continue Reading »

Oil drops to lowest since November as USA inventories swell

Oil drops to lowest since November as USA inventories swell

West Texas Intermediate for April delivery, which expires Tuesday, fell 56 cents to settle at $48.22 a barrel on the New York Mercantile Exchange. New Delhi, Mar 21 Continuing its losing streak for the second straight day, crude palm oil fell 0.34 per cent to Rs 519 per 10 kg in futures market today as participants engaged in reducing their positions, tracking a weak trend at the spot market on sluggish demand. Read More

Continue Reading »

Europe looks ahead to 'damage control' Brexit talks

Europe looks ahead to 'damage control' Brexit talks

A Downing Street spokesman, speaking on the customary condition of anonymity, said the E.U.'s stance shows that "both sides wish to approach these talks constructively". "It is obvious that the United Kingdom is in contact with individual member states, which is not a problem, but I want to make it clear that all 27 member states are committed to negotiating on Brexit through Barnier as a point of contact", Muscat said. Read More

Continue Reading »

RBA makes cash rate call

All 50 economists in a Reuters poll expected a steady outcome this week. CoreLogic research head Tim Lawless said the RBA had to balance the surging housing market with other parts of the Australian economy. In the context of its continuing concern about runaway home prices in south-east Australia, the Reserve Bank would no doubt be quietly thankful that most retail banks have increased their mortgage rates independently, especially for investors. Read More

Continue Reading »

Verizon Places Yahoo And AOL Under New Oath Company To Mocking Tune

Verizon Places Yahoo And AOL Under New Oath Company To Mocking Tune

It said that the time that it would combine Yahoo's search, email and messenger business as well as ad technology tools with its AOL unit. That new name is Oath , sources tell Business Insider . "Billion+ Consumers, 20+ Brands, Unstoppable Team". AOL declined to comment as did a Yahoo spokesperson. An AOL spokeswoman said, "In the summer of 2017, you can bet we will be launching one of the most disruptive brand companies in digital". Read More

Continue Reading »

Aussies dodge laptop ban as security on Middle East flights ramped up

Aussies dodge laptop ban as security on Middle East flights ramped up

The checks will be carried out by security staff at these airports and will affect flights with Qantas, Virgin Australia, Emirates, and Qatar Airways. Passengers flying from the UAE to Australia will be subject to extra security screening measures starting April 6, Etihad Airways said. Qatar Airways and Etihad announced last week that complimentary laptops would be available to business and first class passengers while travelling to the US. Read More

Continue Reading »

Self-driving car crash comes amid debate about regulations

The company says that there were no serious injuries and that the SUV didn't have any backseat passengers. Police said the self-driving Uber SUV was obeying the law while the human driver of the other auto was cited for a moving violation. The accident, in which no one was seriously injured, occurred on Friday in Tempe when there was no paying passenger in Uber's vehicle. But in February 2016, a Waymo test auto struck a public bus near the company's headquarters in Mountain View, California. Read More

Continue Reading »

Vodafone Gets Idea To Halt Jio Juggernaut

Vodafone Gets Idea To Halt Jio Juggernaut

The deal announced Monday between Vodafone and Idea is the sector's second merger in as many months as Reliance Jio's competitors seek economies of scale. Vodafone will have the sole right to appoint the Chief Financial Officer. The transaction is expected to close during calendar year 2018, subject to regulatory approvals. Read More

Continue Reading »

Lenders urged to help struggling credit card customers

Lenders urged to help struggling credit card customers

Credit card companies will be forced to help customers who are in debt by prompting them to make faster repayments and cancelling interest and charges if they are still unable to repay. "Recent figures show that we are a nation of credit card bingers, racking up £20 million of additional debt each day, so it is important that the regulator strikes the right balance between ensuring consumers don't fall into unaffordable debt, while still having access to vital funds". Read More

Continue Reading »

RBI gives nod to printing of Rs 200 notes

RBI gives nod to printing of Rs 200 notes

The demonetisation drive that started after Prime Minister Modi's November 8 speech, has so far witnessed the introduction of two new notes in the Indian currency - Rs 500 and Rs 1000. To check counterfeiting and for better security, the central bank has also proposed changing features of all notes every 3-4 years, they added. The plastic notes will also be hard to imitate, offer better security features and will also be more energy efficient. Read More

Continue Reading »

Upward GDP revision sends Wall St higher

Upward GDP revision sends Wall St higher

MARKETS OVERSEAS: In Europe, Germany's DAX rose 0.5 percent, while France's CAC 40 gained 0.7 percent. Stocks in general have benefited from the recent "Trump rally", which pushed stocks higher during the first three months of the year. Hess fell 72 cents, or 1.5 percent, to $48.26. Utilities and real estate - defensive plays of the S&P 500 - outperformed the other major sectors. Read More

Continue Reading »

Lok Sabha passes GST Bill, PM Modi congratulates people

So once Council decides it can be taxed under GST, we won't need to amend the Constitution", he said. He said now food articles are not taxed and those will continue to be zero rated under the GST . "Congratulations to all on the passage of the GST Bill". Lok Sabha passed four Goods and Services tax bills in an aim to amalgamate the Indian tax regime. Read More

Continue Reading »

Singapore Visas For Indian IT Professionals Reduce To A Trickle

Singapore Visas For Indian IT Professionals Reduce To A Trickle

India had said it is engaged with the Donald Trump administration as well as members of the US Congress on concerns regarding the H1B visa issue, amidst apprehension that there may be a clamp down on it which can hurt Indian IT industry. There Is A Need To Scale Up And Ramp Down H-1B Work Visas! "This is a violation of the agreement", an Indian officer told TOI . "All Indian companies have received communication on fair consideration, which basically means hiring local people", Nasscom ... Read More

Continue Reading »

AOL = Oath? It's looking like that

In a move of either inspired branding or someone having taken too many drugs, the companies formerly known as Yahoo and AOL will cease to exist and will collectively be known instead as Oath following the completion of Verizon Communications Inc.'s acquisition of Yahoo . Read More

Continue Reading »

Trump's rollback of coal rules electrifies Wyoming workers

Trump's rollback of coal rules electrifies Wyoming workers

But not the nation's coal communities. Trump's executive order does not fundamentally change the economics of power production. Signaling a court battle, Doniger said Trump's executive orders can't even stop the U.S. In January even China's energy regulator told 11 provinces to stop more than 100 coal-fired projects , even though construction had already begun on some . Read More

Continue Reading »

Jenna Lyons Leaves J.Crew After 26 Years

Jenna Lyons Leaves J.Crew After 26 Years

Somsack Sikhounmuong , who had headed up the far more successful, casual Madewell brand, will assume Lyons' duties as chief design officer effective immediately. Nevertheless, J.Crew has struggled in the recent retail environment where everything is moving at an ever increasing speed and consumers are shopping for deep discounts. Read More

Continue Reading »

CT's equal pay gap costs women $15B a year

CT's equal pay gap costs women $15B a year

Census Bureau. Participants are encouraged to post about the campaign and Equal Pay Day on social media using the hashtag #20PercentCounts . This Equal Pay Day, LUNA is proud to partner with LeanIn.Org to champion women and show why today and every day, women deserve their 20 percent. Read More

Continue Reading »

Significant damage feared as powerful Cyclone Debbie hits

Significant damage feared as powerful Cyclone Debbie hits

The BoM said strong wind gusts of up to 120km/h will also continue, and that large seas with abnormally high tides will cause unsafe beach conditions. You can't get out or in there's so many trees down. "It's been scary", she said. About 9 million tons of sugar cane was impacted by the cyclone, however most of that is salvageable, he said. Read More

Continue Reading »

Sanford police chief clears up 'misinformation' on bodycam video

Sanford police chief clears up 'misinformation' on bodycam video

It all started at about 3:20 a.m. when police were called to a Wawa store. In the video, the officer is heard telling Herring's friend that she is making "false accusations". Smith called the shooting a "horrible thing" but said his officers acted appropriately. On Friday, Sanford Police said investigators added an additional count of 1st degree premeditated homicide to Cashe's charges. Read More

Continue Reading »

Panera Bread shares jump on report of possible sale

On a consensus basis, analysts have given a recommendation of 2.00 on company shares. United Kingdom private equity outfit Apax Partners is. Receive Panera Bread Company News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Panera Bread Company with MarketBeat.com's FREE daily email newsletter. Read More

Continue Reading »

David Rockefeller dead at 101

Rockefeller , died peacefully at his familys estate in Pocantico Hills, New York. His five elder siblings had earlier died and David was heading a sprawling network of family businesses. A true statesman, David Rockefeller promoted democracy, open markets, and the rule of law in the Western Hemisphere and beyond, leaving behind a legacy that will long outlive him. Read More

Continue Reading »

NCAA Championship a matchup for big men

Gonzaga. I don't think there's any substitution for the experience that the Tar Heels have heading into this title game, but there are just too many ways that Gonzaga can beat you offensively. But in Meeks' penultimate game, he literally saved his best for (almost) last, scoring a career-high 25 points and grabbing 14 rebounds, none bigger than the last one he grabbed to atone for missing two free throws in the final seconds. Read More

Continue Reading »