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Are Donald and Ivanka Trump following 'Buy American' rules?

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The president recently signed two executive orders that White House officials said aim to hold importers accountable and to begin a comprehensive review of America's trade deficits and violations of trade rules that harm the U.S. "It's too little, too late", said U.S. Senator Dick Durbin, the No.2 Democrat in the Senate. Critics say the program has been hijacked by staffing companies that use the visas to recruit foreigners - often from India - who will work for less than Americans. Read More »

OPEC oil production drops in March, but U.S. shale output surges

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Non-OPEC oil producers such as Azerbaijan, Bahrain, Brunei, Equatorial Guinea, Kazakhstan, Malaysia, Mexico , Oman, Russia , Sudan, and South Sudan agreed to reduce output by 558,000 barrels per day starting from January 1, 2017 for six months, extendable for another six months. Read More »

China sends 'positive signals' it will help defuse North Korea crisis

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But no one was predicting what might come next. U.S. Vice President Mike Pence will meet Japanese Deputy Prime Minister Taro Aso on Tuesday, kicking off talks in Tokyo the White House hopes will open doors for U.S. U.S. Commerce Secretary Wilbur Ross, who met with Japan's trade minister, Hiroshige Seko earlier Tuesday, said he hopes to soon begin talks on a free trade agreement with Japan. Read More »

Oil little changed amid rising US output, OPEC production cuts

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OPEC members, led by Saudi Arabia, have faced heightened pressure amid their bid to raise prices, as USA shale producers have continued to pump crude despite prices hovering in the US$50 range. The decline left nationwide crude stockpiles at 533.4 million barrels last week. Data from Thomson Reuters Eikon shows that global oil supplies on average exceeded demand by 680,000 bpd in 2016, and that 2017 will still see oversupply, albeit of less than 100,000 bpd, excluding stored oil . Read More »

RCB beat Gujarat Lions by 21 runs

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RCB have gotten off to a brisk start, bith Kohli and Gayle firing on all cylinders. Gayle and Kohli then fell for 77 (38) and 64 (50) respectively. The required rate was climbing and Gujarat needed an impetus and it came from the veteran Brendon McCullum . Read More »

Alaska Says BP Oil And Gas Leak Stopped

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Employees on Friday morning discovered leaks at the oil and gas well in the Alaskan Arctic about five miles from the remote town of Deadhorse. To view the full article, register now. Officials haven't been able to assess potential damage to the surrounding tundra or estimate how much oil was released from the well. Specialists deployed by Boots and Coots, a well control company, were arriving in the area yesterday to help seal the well. Read More »

NK unveils footage of simulated missile attack on US

The reports came after Trump said that the North Korean nuclear issue would be "taken care of", while at the same time calling on China to pressure its neighbor into giving up its nuclear program. In a phone call with reporters Monday, Susan Thornton, the acting assistant secretary of state for East Asia and Pacific Affairs, said the president has "made clear to the Chinese that they should view North Korea as a liability, not as an asset, and that this is an urgent global threat that must be ... Read More »

May says early election averts clash with end of Brexit talks

On Tuesday, Prime Minister Theresa May called for an early general election. MPs are expected to give their approval to Theresa May's plan for a snap election on June 8, in a Commons vote the day after her shock announcement. European Council President Donald Tusk said on Twitter that the surprising twist in the Brexit saga is like a movie plot by British master of suspense Alfred Hitchcock: "It was Hitchcock, who directed Brexit: first an natural disaster and the tension rises". Read More »

India's IndusInd Bank Q4 net profit rises 21 pct

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The private sector lender had registered a standalone net profit of Rs 702.11 crore in the corresponding January-March period of 2015-16. Profit was estimated at Rs 783.5 crore and net interest income at Rs 1,655.7 crore for the quarter, according to average of estimates of analysts polled by CNBC-TV18. Read More »

Chevron sells downstream fuel business to Parkland Fuel for $1.1B

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Parkland Fuel Corp.is buying Chevron Corp.'s Canadian oil refining and marketing business for almost $1.5-billion, marking yet another big acquisition of foreign-owned energy assets by a domestic player. Last year, it sold its Indonesian and Philippines geothermal assets to Star Energy Consortium, part of Philippine property-to-banking conglomerate Ayala Corp, for a reported $3 billion, and last month agreed to sell its 75-per cent stake in its South African assets and its subsidiary in ... Read More »

2 more officers placed on leave after passenger dragged off United flight

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Attorneys representing the man who was dragged off the flight, Kentucky physician David Dao , and a member of the man's family are set to talk about the incident on Thursday. That includes all surveillance videos, cockpit voice recordings, passenger and crew lists, incident reports and other items. Everyone wondered why United didn't simply sweeten the offer until four passengers agreed to get off. Read More »

General Election 2017: Labour "relish" snap election

Britain's second female prime minister also appears to have won strong popular support for her handling of the political quake unleashed by Brexit. He said Tuesday that Labour's election platform in June would be for a more equal society and economy, and "a Brexit that works for all". Read More »

Wall St gains as focus shifts to earnings

Investors on both sides of the border appeared not to give much weight to harsh words exchanged between North Korea and the USA after the Asian country launched a failed missile test on Sunday. The tech-heavy Nasdaq gained 51.64 points or 0.89% to 5,856.79. Slides in shares of Goldman Sachs and those of Johnson & Johnson, down 4.7% and 3.6% respectively, led the decline in the Dow. Read More »

Trump hails 'friendship' with China's Xi before Syria attack

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Trump and his wife, Melania, hosted Xi and his wife for dinner Thursday night at Trump's Mar-a-Lago estate in south Florida. "There are great differences between the Syria situation and the Korean peninsula situation", Wang said, noting North Korea's conventional military capability to strike back at South Korea in the event of US military action. Read More »

Is Plug Power Inc. (PLUG) Buy Now?

The median estimate represents a 31% increase from the last price. 05/15/2014 - Plug Power, Inc. had its "outperform" rating reiterated by analysts at Citigroup. (WFM) now has a Return on Assets (ROA) value of 7 Percent. 19 analysts on average are expecting the company to report revenue of $3.72 Billion for the current quarter. Read More »

IHG Reveals Second Credit Card Data Breach Occurred in 2016

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However, IHG immediately called in reinforcements in the form of cybersecurity professionals to investigate the problem. IHG disclosed breaches of its payment systems at some of its Holiday Inn and Holiday Inn Express hotels in CT and nationally, for varying stretches between September and December 2016. Read More »

Pound surges to more than two month high at election decision

Had she not called an early election, she argued, the "crucial" Brexit negotiations would have occurred in the years before the scheduled 2020 election and potentially put Britain at a disadvantage with European Union negotiators - who have signaled that they are unwilling to offer Britain generous concessions on the break over issues including trade and immigration. Read More »

Australia first: Country overhauls visa program for skilled workers

He added that the 457 visa programme was allegedly being misused by local employers to import unskilled workers for cheap salaries. In 2015-16, information communication and technology (ICT) professionals accounted for 17,185 or 16% of 106,130 visas issued under visa category 457 and for those which took permanent residence, according to a 6 December 2016 report , titled Immigration Overflow: Why It Matters by The Australian Population Research Institute. Read More »

British prime minister calls for early election due to Brexit

Despite fighting off disgruntled colleagues seven months ago, he remains a target for many insiders who believe his far-left policies have no chance of seeing the party elected. The White House says May telephoned Trump regarding her plans and that Trump wished the British people the best of luck in the June 8 vote. There is also a chance that the elections could see the resurgence of the Liberal Democrats. Read More »

Japanese Sales: Switch Sells 41000, Zelda and MH perform strongly

Nintendo said it sold roughly 906,000 units of the Switch in the USA throughout March. That makes Switch the fastest-selling video game system in Nintendo history, and one of the fastest-selling video game systems of all time. Indeed, there was a limited edition of Breath of the Wild that contained some rare swag (specifically a Sheikah Slate carrying case, a Sheikah Eye collectible coin, the Relic of Hyrule: Calamity Ganon Tapestry and weather-worn map, and a soundtrack CD). Read More »

Allegheny Technologies' (ATI) "Market Perform" Rating Reaffirmed at Cowen and Company

Deutsche Bank AG reduced their target price on shares of Allegheny Technologies from $21.50 to $20.00 and set a "hold" rating for the company in a research note on Tuesday, March 21st. Its revenue would see a rise of at least 12.41% if the firm meet or beat revenue expectations. Allegheny Technologies's revenue for the quarter was up 7.7% compared to the same quarter past year. Read More »

No One Will Be Fired For Dragging Incident: United Airlines

Attorney Thomas Demetrio speaks to the media as fellow attorney Stephen Golan and Crystal Dao Pepper, daughter of Dr. David Dao, look on. Net income for the period ending March 31 fell to $96 million, a 69.3 percent plunge from the year-ago levels due to higher fuel and labor costs. Read More »