Wednesday, 16 January 2019
Latest news
Home » Finance


US Congress grills airlines over passenger grievances


Still, the outrage members of Congress expressed Tuesday reflected the still-simmering public anger over the violent removal of a United Airlines passenger from a flight last month, captured on cellphone videos that millions have viewed worldwide. Read More »

Australia slaps new levy on major banks; boosts funding for regulator

In another measure likely to appeal to the public after a series of scandals, Morrison increased the potential fines for banks that breach misconduct rules and tougher penalties for bank executives who fall foul of the rules. Among other things, the Australian government earmarked 5.3 billion Australian dollars (3.6 billion euros, $3.9 billion) for the construction of a second global airport in Sydney, slated to be ready by 2026. Read More »

Based Chesapeake Energy posts first-quarter profit

Stifel Nicolaus initiated coverage on shares of Chesapeake Energy in a research note on Thursday, March 23rd. Analyst's mean target price for CHK is $7.17 while analysts mean recommendation is 2.80. Chesapeake Energy Corporation (NYSE: CHK ) gained 0.09% to $5.47 in the current trading session. The average volume stands around 40.79 million shares. Read More »

Oil cuts may go into 2018, say Saudi Arabia, Russia

A formal decision will be taken by OPEC on May 25. The comments from Falih and rising prices came after steep falls last week due to ample supply in countries that aren't participating in the cuts, including the United States where output is soaring. Read More »

Amazon launches new Echo with a touchscreen

Amazon had its Echo speaker available earlier with the Alexa integration. Once they have granted access, you can drop-in on your contact and launch a video call. The Amazon Echo lets you watch video flash briefings and lets you ask Alexa to pull up YouTube clips. The device is tuned to pick up commands and requests using eight microphones, beam-forming technology, and noise cancellation. Read More »

McConnell defends all-male health overhaul group


Collins' comments came on the same morning that Trump administration officials and House Speaker Paul Ryan, R-Wis., made several indefensible claims about the bill they championed, despite widespread condemnation from experts, wariness from industry and concern from more sensible members of their own party. Read More »

Oil prices fall further amid oversupply fears

Stephen has an extensive trading experience in Interest Rate Futures, Money Markets and Precious Metals. HONG KONG (AP) - A strong report shored up markets on Friday, though energy shares remained under pressure after the price of oil touched its lowest level in almost six months. Read More »

U.S. senators seek insider trading investigation of Icahn


Sens. Elizabeth Warren of Massachusetts, Debbie Stabenow of Michigan, Tom Carper of Delaware, Sherrod Brown of Ohio, Sheldon Whitehouse of Rhode Island, Tammy Baldwin of Wisconsin, Tammy Duckworth of IL, and Amy Klobuchar of Minnesota signed on to the letter. Read More »

India is a huge market for anyone to ignore: Warren Buffet

AIG agreed in January to pay US$10.2 billion to Berkshire to help shoulder the risk of additional losses on policies that already burned the New York-based company with higher-than-expected claims costs. "We want you to understand what you own", he said, and "there are just a million things that are of minor importance" at Berkshire, whose market value is about $411 billion. Read More »

White House was warned about Flynn in January: Yates

Sean Spicer, Trump's White House press secretary, also confirmed the discussion but played down the seriousness of Obama's warning. President Donald Trump changed his Twitter banner image on Monday to include a tweet from himself referencing former Director of National Intelligence James Clapper's Senate testimony on the Russian Federation investigation. Read More »

Storms, tornadoes leave trail of death and damage in US


Even though the dealership only suffered property damage, Canton Mayor Lou Ann Everett confirmed Sunday evening that four people were killed in the storm. Despite the man's efforts to rescue his wife, their auto was swept away with the 72-year-old woman inside. In Madison County, authorities were looking for two children, a 4-year-old boy and an 18-month girl, who went missing after they were separated from their mother after her auto got stuck in high water on Saturday night. Read More »

White House calls Sally Yates a 'political opponent' of Trump


Flynn became Trump's first appointment as his national security adviser, a key position in the White House overseeing the administration's foreign and defence policies. "Monday's hearing further pumped the bellows". Mr Trump has repeatedly branded the issue of Russian interference "fake news" despite the U.S. intelligence community's conclusion that Russian President Vladimir Putin himself was behind the meddling. Read More »

Chinese-made Passenger Jet Takes Test Flight

The engine, as well as electronic devices for flight control, wheels, brakes and many other components are made in the USA or Europe. Comac has applied for Type Certification for the C919 from both the Civil Aviation Administration of China and the European Aviation Safety Agency. Read More »

Judge agrees to toss Hernandez murder conviction


Prosecutors had argued that Hernandez forfeited his right to appeal when he took his own life in prison last month. She cited a report from prison officials that some inmates knew about a radio broadcast that speculated Hernandez may have been gay. Read More »

Trump administration cuts half of EPA science integrity board


Spokeswoman Megan Bloomgren said that some of the boards being looked at had not met in years, and that no current members were being dismissed. Nominees are evaluated based on " scientific and/or technical expertise, knowledge, and experience " as well as an absence of financial conflicts of interest. Read More »

A huge tax cut for guys like me

Of course, whether we see a cyber, biological, or nuclear attack we'll all have more to worry about than the price of Berkshire Hathaway stock but it's good to know what keeps Buffett up at night. Buffett did lavish much praise on top insurance executive Ajit Jain, who some investors believe could be that successor, saying "nobody could possibly replace Ajit". Read More »

Four new Ottawa grocery stores approved to sell beer and cider


Staff selling alcohol must have provincial training on alcohol sales and the store is required to adhere to any uniform and minimum pricing regulations. This is the second round of Ontario's commitment to make it more convenient for people to buy beer, while opening up additional opportunities for breweries and cideries. Read More »

Oil buckles as concern grows over battle of Opec vs shale

USA oil production has risen more than 10 percent since mid-2016 to 9.3 million bpd, the highest since August 2015 and close to the levels of top producers Russian Federation and Saudi Arabia . Oil prices jumped immediately after the news, but crude was not able to sustain the gains as markets remained pessimistic. The comments from Mr. Falih came as the oil price dipped to the lowest level since the OPEC and N-OPEC deal in November that reduced supply by nearly 1.8 million barrels per day. Read More »

Louisiana-Pacific Corporation (LPX) and ConocoPhillips (COP) Swings on Assorted News

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Looking at this figure it suggests that the shares of Louisiana-Pacific Corp. & global trademark & copyright laws. The correct version of this article can be read at Read More »

Rehmann Capital Advisory Group Increases Position in Duke Energy Corp (DUK)


Truepoint Inc. boosted its stake in Duke Energy Corp by 0.5% in the first quarter. (TSE:DRWI) to report $-0.97 EPS on May, 17.They anticipate $3.17 EPS change or 76.57% from last quarter's $-4.14 EPS. Livforsakringsbolaget Skandia Omsesidigt stated it has 0.21% in Duke Energy Corp (NYSE: DUK ). Several investment firms issued their expert ratings on Duke Energy Corporation ( DUK ) in which Citigroup Downgrades Duke Energy Corporation ( DUK ) to Sell with no specific Price Target ... Read More »

ITV plc 68.2% Potential Upside Indicated by Liberum Capital

Among 8 analysts covering Copart (NASDAQ:CPRT), 1 have Buy rating, 0 Sell and 7 Hold. Therefore 53% are positive. Copart has $63 highest and $50 lowest target. California Pub Employees Retirement Systems invested in 70,800 shares. Sg Americas Securities Lc holds 5,452 shares. State Street holds 0% or 599,404 shares in its portfolio. Read More »

Aaron Hernandez murder conviction thrown out by judge

Quinn III plans to appeal Aaron Hernandez's abatement ruling, and is even willing to take it the Massachusetts Supreme Court! A former National Football League player's murder sentence has been overturned - because he killed himself in jail before his appeal could be heard. Read More »

Stock Showing Surging Activity: SunPower Corporation (SPWR)

BlackRock Group LTD now owns 1,815,480 shares of the semiconductor company's stock valued at $16,194,000 after buying an additional 824,120 shares during the last quarter. SunPower had a negative net margin of 16.95% and a positive return on equity of 16.65%. The firm earned $1.10 billion during the quarter, compared to the consensus estimate of $1.06 billion. Read More »