Money

Chinese state media condemn 'arrogant, cold-blooded' United Airlines

Representative Dan Lipinski who sits on the House Transportation Committee says he plans to create an amendment to the FAA authorization bill next month to make sure this type of situation isn't repeated. His legal team planned to hold a news conference Thursday to discuss the matter with reporters. Tuesday night, Munoz issued a second statement apologizing for the incident, in which Dao was dragged down the aisle of a flight, after United's first apology added more fuel to the backlash. Read More

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IMF leader Lagarde warns against trade protectionism

IMF leader Lagarde warns against trade protectionism

Managing Director Christine Lagarde holds a speech to present the report "Making Trade an Engine of Growth for All: The Case for Trade and For Policies to Facilitate Adjustment" in Berlin, Germany, April 10, 2017. The prospects are better for advanced economies, where manufacturing activity is stronger, as well as for emerging and developing economies, which will contribute more than three quarters of global GDP growth this year, she said. Read More

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Romo's honorary Mav day turns spectacle for final home game

Cuban said the National Basketball Association nixed the idea of Romo actually playing. When the shootaround was over, a member of the Mavericks staff whistled a circus theme song while walking past reporters. Romo, who was recently hired by CBS to be a color commentator for its National Football League broadcasts, took part in the pregame warmups for the Mavericks ahead of a 109-91 loss to the Denver Nuggets. Read More

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Yahoo Sued For Not Protecting Chinese Dissidents' Funds

Yahoo Sued For Not Protecting Chinese Dissidents' Funds

The lawsuit alleges Yahoo and its lawyers willingly turned a blind eye when fund manager Harry Wu allegedly misused around $13m stored in a trust fund meant to aid Chinese political prisoners. According to the foundation's filings, only $700,000 was distributed to Chinese dissidents or their families, many of whom were forced into poverty by the government in its effort to dissuade others from publicly criticizing the ruling Communist Party. Read More

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Delta Air profit falls 36.3 percent

Delta Air profit falls 36.3 percent

Delta Air Lines ( NYSE:DAL ) opened at 45.29 on Thursday. The firm has a market capitalization of $32.74 billion, a price-to-earnings ratio of 7.77 and a beta of 0.75. Creative Planning now owns 73,721 shares of the company's stock valued at $3,388,000 after buying an additional 16,664 shares during the period. Best time to invest in stock market is when things are on odd side, and it's not easy how to pick stocks. Read More

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Shaw Communications Inc. Reveals 27% Rise In Q2 Profit

Shaw Communications Inc. Reveals 27% Rise In Q2 Profit

The Company also reported significant improvements in Wireless postpaid and prepaid subscribers, adding over 33,000 RGUs as compared to almost 10,000 RGUs gained in the first quarter of fiscal 2017. Excluding its wireless division, which was acquired in March past year, revenue for the quarter from Shaw's combined consumer, business network services and business infrastructure services divisions was up 1.1 per cent. Read More

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OPEC sees rivals' oil output rising as it over-delivers on cuts

An global agency, Fitch Ratings, said Nigeria needs crude oil price of $139 per barrel to achieve balanced budget in 2017. Brent crude rose 74 cents to settle at US$55.98, not far from the one-month high of US$56.08 reached on Friday. The report found that breakeven prices for five billion barrels of pre-sanction deepwater reserves (which will generate a 15% internal rate of return) is now below $50 a barrel, down from prior breakeven estimates of greater than $70. Read More

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Trump says China won't be labeled a currency manipulator

The "currency manipulator" label can trigger investigations and lead to tariffs and trade sanctions. The U-turn in the president's stance comes mere days after Trump and China's President Xi's first big meeting. Treasury yields fell on the interest rate comments, and Wall Street stocks slipped. The Treasury Department is legally required to release biannual currency reports to Congress regarding major trading partners who are unfairly manipulating currencies. Read More

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First Christian Church Holds Annual Easter Egg Hunt

First Christian Church Holds Annual Easter Egg Hunt

The money, she said, was for an Easter egg hunt Sunday. Petal's parks and recreation department will hold its annual Easter egg hunt at 10 a.m.at Willie Hinton Park. Fahy said the organization's board is now in a great place to ensure the longevity and consistency of the event. The city of Biloxi will sponsor one more Easter Egg hunt next week.It will be their special needs Easter Egg hunt at the town green. Read More

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Banner moment: Cubs finally raise championship flag

It was fitting the Chicago Cubs had to wait out a rain delay before getting to raise to raise their championship banner. Anthony Rizzo's single in the ninth inning drove in Jon Jay with the winning run. If you weren't sold on a pair of Wrigley Field seats that went on sale earlier this year, there's a new piece of Cubs memorabilia that will have you rounding the bases and emptying your savings. Read More

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Petrol dealers call a strike from May 10

Petrol dealers call a strike from May 10

Currently, the petrol pumps are getting a minimum commission from the oil marketing companies which is hard for them to manage considering the daily cost of operation for the petrol pump dealers. CIPD president AD Sathyanarayan has requested all the members of the Consortium to close the petrol pump on every Sunday except for emergency services like an ambulance. Read More

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Toshiba's survival in doubt amid Westinghouse troubles

Toshiba's survival in doubt amid Westinghouse troubles

Toshiba expects its full-year losses to be $9bn (£7.2bn), compared with $4.07bn in losses in 2016. However, the results have not been approved by the firm's auditors. Westinghouse already faced substantial cost headaches when it acquired a USA construction company in an effort to control expenses. Toshiba also said on Tuesday it was considering an initial public offering or sale of smart meter group Landis+Gyr. Read More

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Nunes' colleagues say docs don't support surveillance claims

Nunes' colleagues say docs don't support surveillance claims

The intelligence reports that Rice and others in the administration reportedly assembled are similar to what a private investigator might piece together, congressional and US intelligence sources said. "I think it's going to be the biggest story", Trump said. "There were occasions when I would receive a report in which a USA person was referred to, name not provided, just a US person, and sometimes in that context in order to understand the importance of that report, and assess its ... Read More

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Elliott plans legal action if Akzo rejects vote on chairman dismissal

Elliott plans legal action if Akzo rejects vote on chairman dismissal

Elliott added that Akzo had not adequately consulted with shareholders before rejecting both bids, saying that had it done so, it would most likely have found that most shareholders want the boards to engage with PPG. Perhaps having noticed the footnote to the email, Akzo also filed a complaint with the Dutch financial markets authority AFM, alleging PPG and Elliott may have engaged in improper sharing of sensitive information. Read More

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Hawks rule out at least 4 starters, Pacers make playoff push

Hawks rule out at least 4 starters, Pacers make playoff push

Boston host the Milwaukee Bucks on Wednesday in their season finale while Cleveland host the Toronto Raptors in a game they have already said superstar LeBron James will miss. The Hawks want to build on the momentum of their three-game winning streak that includes a victory over Boston and two straight over Cleveland. The Hawks led by as much as 34 points in the fourth quarter . Read More

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Countries should help those hurt by free trade

Countries should help those hurt by free trade

In its latest issue of World Economic Outlook report , the International Monetary Fund noted that emerging market and developing economies have become increasingly important in the global economy in recent years, accounting for over 75 per cent of growth in output and consumption, nearly double the share of just two decades ago. Read More

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Would You Buy BlackBerry Limited (NASDAQ:BBRY) On These Analyst Ratings?

BBRY has a 1-year high price of $ 8.46 and 1-year low price of $6.23. The stock's market capitalization is 4.09B, it has a 52-week low of 6.23 and a 52-week high of 8.46. Hedge funds have recently added to or reduced their stakes in the stock . Analysts have a mean recommendation of 3.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Read More

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Uber's PR head resigns amid tumultuous time for company

Uber's PR head resigns amid tumultuous time for company

However, the move will fuel uncertainty surrounding the company, which has been rocked by a series of scandals and high-profile resignations since the start of the year. Her deputy, Jill Hazelbaker , will succeed her. Ed Baker, Uber's vice president of product and growth , also resigned earlier this year, as did Charlie Miller, Uber's top security researcher, who left to join Didi, China's larger ride-hailing company. Read More

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BHP Billiton slams hedge fund Elliott's proposals as 'materially overstating' potential upside

BHP Billiton slams hedge fund Elliott's proposals as 'materially overstating' potential upside

The 29-page presentation by the Big Australian picked apart Elliott's proposals which it claims would create 48% more value for Australian investors and 51% more value for United Kingdom -based investors. BHP explains "implementation of Elliott's proposal would also involve significant risk". BHP has dismissed the plans as too costly to justify any potential benefits and is preparing a more detailed response , the Melbourne-based company said Monday. Read More

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Trump suggests Susan Rice committed crime

Erin Pelton, a spokeswoman for Rice, said, "I'm not going to dignify the president's ludicrous charge with a comment". The Republican chairman of the House Intelligence Committee, Devin Nunes of California, revealed last month that Trump and his campaign aides might have been swept up in USA surveillance of foreign targets during the presidential election. Read More

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Space X successfully launches second-hand Falcon 9

The booster's main section then separated from the rest of the rocket and flew itself back to a landing pad in the Atlantic, where it successfully touched down for its second at-sea return. The main segment of its Falcon 9 rocket was previously used on a mission in 2016. "The potential is there for [an] over 100-fold reduction in the cost of access to space", he said. Read More

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'Charging Bull' sculptor accuses NYC of violating his rights

'Charging Bull' sculptor accuses NYC of violating his rights

Di Modica's attorney said the artist is demanding that the city release documents showing the procedures followed to install the new figure in Bowling Green Park. The Charging Bull eventually found a home two blocks away, at its current resting place just south of Wall Street. His lawyers say " Fearless Girl " exploits the bull for commercial purposes. Read More

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Feuding Donald Trump aides told to end 'palace intrigue'

On Friday, a reliable top aide to Mr. Trump spoke to Axios' Mike Allen via New York Magazine and explained that no date has been set, but Priebus and Bannon will be leaving Washington. Chief strategist Stephen Bannon , once President Trump's right-hand man, is reportedly on thin ice nowadays. Some of the former Trump advisers said Priebus is at fault for not gaining control of the feuding and Cohn, a former Goldman Sachs executive, would be a candidate to replace him. Read More

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How Boeing is Cutting Costs with 3D-Printed Titanium

How Boeing is Cutting Costs with 3D-Printed Titanium

Norsk Titanium uses what it calls Rapid Plasma Deposition technology, which melts titanium wire using plasma torches in an atmosphere of argon gas. FAA certification was completed in February 2017. If a structural element can be 3-D printed and maintain that crucial function, this raises the possibility of building parts of a vehicle body into previously geometrically impossible or unfeasible light, strong shapes. Read More

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SpaceX has successfully launched the first ever re-used rocket

SpaceX's rival firm, Blue Origin , owned by Amazon founder Jeff Bezos, successfully completed similar rocket recovery tests, but all of its missions were suborbital, not orbital, ones. In order for commercial space travel to be viable, companies like SpaceX have to make it more affordable. Apart from its cost-saving benefits, recycling rocket components would spare SpaceX the time needed to manufacture new parts, which could reduce its turnaround time. Read More

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Westinghouse Files For Chapter 11, Says Employees Will Be Okay

Toshiba has said it expects to book a net loss of 1 trillion yen ($9 billion) for the year ending in March, up from an earlier loss forecast of 390 billion and one of the biggest annual losses for a Japanese company ever. Toshiba at the time said it would sell a stake of less than 20 percent in its flash memory business to ensure its liabilities do not exceed its assets in the current business year. Read More

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Altice NV: Altice USA Files Registration Statement for Proposed Initial Public Offering

Altice NV: Altice USA Files Registration Statement for Proposed Initial Public Offering

In a filing with the Securities Exchange Commission Monday, the European telecom conglomerate's US cable-operator arm said it plans to raise $100 million. "We intend to opportunistically grow through value-accretive acquisitions", Altice USA said in the filing. On Long Island, Altice USA offers Optimum cable, internet, telephone service and public Wi-Fi, and Lightpath business services. Read More

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