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After Dangal, now Baahubali 2 to release in China

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The film continues to cross $20 million in North America and has become the first Indian film to cross the Rs 100 crore mark in the US. The film now stands with a total worldwide collections of 1522.66 crores. Trade pundits predict that very quickly, Dangal's all-time box-office collection will cross that of Baahubali 2's. Meanwhile, Aamir Khan is busy to make his upcoming film featuring Amitabh Bachchan too, "Thugs of Hindostan" the next big challenge to Baahubali 2 success. Read More »

Church leader expresses condolences to victims of Manchester explosion

They booked themselves a room in Manchester's city center and were looking forward to adventure - at the very least, time away from their café jobs. Yesterday's blast was also the deadliest after the July 7, 2005, London bombings , that were a series of coordinated terrorist suicide bomb attacks in central London . Read More »

Former CIA director to answer questions about Russian interference in election

Former CIA Director John Brennan says he warned Russia against meddling in the presidential election during a call to the head of the Russian intelligence service on August 4. Cummings' letter urges Chaffetz to subpoena White House officials for documents relating to Flynn's dealings with foreign countries. A letter sent last night (Monday) by a Democratic senator to the Senate Committee reveals new information concerning former US National Security Advisor Michael Flynn . Read More »

Ford to cut 10% of global workforce

The manufacturer intends to eliminate 1,400 positions in North American and Asia by the end of September, using a voluntary program to woo employees with early retirement and separation packages. Ford said last month it plans to cut costs by $3 billion in 2017, despite commodity prices rising by $1 billion. Hourly jobs, particularly in North America, will not be cut as the Detroit automaker works to meet demand for new cars in its home region, which remains relatively strong despite ... Read More »

Trump Budget Calls for 2.1% Military Pay Raise in 2018

The White House sent its budget to Congress as Trump flew from Israel to Italy on his first overseas trip as president. "It's unconscionable and un-American". President Donald Trump's first budget proposal included a 2.1 percent pay increase for military troops in fiscal 2018 - the same as was recently approved by Congress for the current year. Read More »

No deal reached on Greek Eurozone bailout

The head of the Eurogroup of finance ministers, Jeroen Djisselbloem , said ministers hope to reach a deal at the next meeting on June 15. The country is in the middle of its third worldwide bailout, but its progress has been slow in light of various disagreements related to the reforms the government has to impose in return for the rescue money. Read More »

French President Macron to Meet Vladimir Putin Next Week

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In his remarks, Mali's president expressed willingness to extend cooperation to France in countering terrorism. Even though the French operation has succeeded in liberating Timbuktu and Gao in Northern Mali, FIDH has said in a report that few signs of progress can be found two years after the peace accord. Read More »

Trump Budget Would Cut Medicaid, Rely on Rosy Growth Projection

Trump would require parents receiving benefits to submit a Social Security number to weed out unauthorized immigrants - even those whose children are USA citizens. It's presenting the 2018 budget today. Mick Mulvaney, Trump's budget chief, rejected that idea on Tuesday. "If we say it's going to reduce the deficit, we have to go into more detail than what's in it right now". Read More »

Gold, silver futures settle higher

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Stocks and bond yields have recouped some losses, but the United States dollar touched a six-month low on Monday. A stronger dollar makes bullion more expensive for holders of other currencies. Meanwhile, Minneapolis Federal Reserve Bank President Neel Kashkari said while the USA economy is closer now than it was in March to full employment, he still does not know "if we are there yet". Read More »

Crude futures settle higher ahead of inventory data

This latest rally in oil is a response to the tough talk of Saudi Arabia and Russian Federation. Kazakhstan and Iran are among the nations not to have expressed a view in public. Analysts say that soaring USA shale output is the reason for the greater security in its supply. Russian Federation initially promised to comply but the markets have yet to get an update on that regard, while Trump on the other hand announced his intentions to sell half of the country strategic oil reserve on the ... Read More »

M&S to make £400m Simply Food investment as profits slump

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As part of its restructure, the company has embarked on a store closure programme and shut its defined benefit staff pension scheme to future accrual. It added it expected food sales space to rise by 7% as planned to open around 90 Simply Food stores this year. Britain's Marks & Spencer reported a 10 per cent decline in annual profit and said clothing and homeware sales fell in its latest quarter, dampening the euphoria of the previous three months when it recorded a first increase in ... Read More »

Active Volume Stock: GlycoMimetics, Inc. (GLYC)

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The stock has been active on the tape, now trading at $12.76, up from yesterday's close by 19.59%. The stock was last seen -13.71% lower, reaching at $11.01 on Monday, May 22, 2017. Bridgeway Capital Management Inc has invested 0.01% in GlycoMimetics Inc (NASDAQ:GLYC). Vanguard Group Inc. now owns 434,501 shares of the biotechnology company's stock valued at $2,359,000 after buying an additional 10,057 shares during the last quarter. Read More »

Advocates slam Trump plan to reduce aid for college students

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That's why the President's 2018 budget proposal lays out plans to streamline and simplify federal aid, saving taxpayers $143 billion over the next decade while insulating current borrowers from changes to their loan programs. The budget would also consolidate five income-driven repayment plans into one. The difference between offering forgiveness at 15 and 20 years can be drastic, said Holt. Read More »

Britain raises terror alert to highest level after Manchester attack

Threatening more attacks, ISIS said in a statement published on its social media channels: "One of the caliphate's soldiers placed bombs among the crowds". The bomb went off at about 10.30pm in the foyer of the arena, where many parents were waiting for their children. The local hospital, Wythenshawe, said it was dealing with "mass casualties". Read More »

AstraZeneca PLC (LON:AZN) Receives 'Hold' Rating From Brokers At Shore Capital

It has by 0.00% the S&P500. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Therefore 33% are positive. The stock of Barclays PLC (LON:BARC) earned "Neutral" rating by JP Morgan on Monday, December 12. The rating was maintained by Societe Generale with "Hold" on Friday, November 27. Read More »

What is known about suspected Manchester attacker Abedi

The concert arena is connected to the Manchester Victoria Station, the city's second-largest train station. Many of those killed and injured in the blast were children and teenagers, police said. She said her phone had not stopped ringing since her tweet. However, authorities would not say whether the bomber blew himself up inside or outside the arena, so it wasn't clear if rigorous bag screening or additional security would have helped prevent the deaths and injuries. Read More »

Soup Nazi's CFO indicted on tax charges

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The government said Bertrand paid Soupman employees unreported cash on the side and gave some workers large unreported stock awards from 2010 through 2014. An attorney for Bertrand, who was awaiting arraignment on Tuesday, did not immediately respond to a request for comment. The company's independent auditor told Bertrand in 2012 the company hadn't paid the required taxes. Read More »

Analysts Opinions on: Exxon Mobil Corporation (XOM)

The firm has a market cap of $349.91 billion, a PE ratio of 34.45 and a beta of 0.91. About 6,994 shares traded. A Schulman Inc (NASDAQ:SHLM) has risen 17.55% since May 23, 2016 and is uptrending. On Monday, May 2 the stock rating was maintained by Credit Suisse with "Underperform". Since November 15, 2016, it had 0 insider purchases, and 8 sales for $5.49 million activity. Read More »

White House Budget For 2018: Read The Full Plan

House Speaker Paul Ryan says he is pleased the budget projects a balance and says he's never encountered a presidential budget that people didn't declare "dead on arrival". Republicans, on the other hand, are not likely to support additional federal funding in Trump's infrastructure package. Greenstein cites the cuts to Medicaid , SNAP and Supplemental Security Income as well as large tax cut proposals, largely aimed at the highest-earners. Read More »

Moody's cuts China debt rating for first time since 1989

More than two hours after the announcement from Moody's, no Chinese state media had published news about the downgrade. Estimates of China's total nongovernment debt have risen from the equivalent of 170 percent of annual economic output in 2007 to 260 percent a year ago. Read More »