Economy

Bombardier's tariff ruling a 'victory for competition'

Bombardier's tariff ruling a 'victory for competition' A U.S trade panel rejected Boeing Co .'s (BA) complaint of being harmed by Bombardier Inc ., effectively blocking a Trump administration proposal for steep tariffs against the Canadian jet maker. "This whole Bombardier saga must act as a warning to the UK Government about the kind of battles it faces to defend UK jobs and industries as we leave the European Union and face the increasingly hostil... [Full Article...]

India's Ola eyes Australia market in tussle with global rival Uber

India's Ola eyes Australia market in tussle with global rival Uber He further said that the company aims to "create a high-quality and affordable travel experience for citizens" with a "strong focus on driver-partners and the community at large". Ola past year received $1.1 billion as investment from Japanese company SoftBank and Chinese internet giant Tencent. Ola isn't the only new arrival, though. [Full Article...]

Germany says emissions tests on monkeys, people are unjustifiable

Germany says emissions tests on monkeys, people are unjustifiable The Beetle being used was equipped with VW's now notorious emissions testing recognition software, which recognised when a vehicle was being subjected to a laboratory or open-road test cycle, cutting engine performance and emissions dramatically. [Full Article...]

ESPN, Disney XD To Air Upcoming "Madden NFL" Esports Competitions

ESPN, Disney XD To Air Upcoming Six players will qualify by obtaining a top-two finish at one of the three EA Majors, which includes the Madden NFL 18 Classic, Madden NFL 18 Challenge and Madden NFL 18 Club Championship . They will endure a 13-week season that will conclude at Madden Bowl. For Madden 18 owners, EA Sports will be releasing limited-edition Madden Competitive Gaming MUT packs for purchase on P... [Full Article...]

Deutsche Bank, UBS, HSBC and 6 individuals charged over 'spoofing' metals prices

Deutsche Bank, UBS, HSBC and 6 individuals charged over 'spoofing' metals prices Before Monday's cases, only three individuals had ever been charged with spoofing, which involves a trader entering large orders with the intention of tricking others into thinking there had been a fundamental change in supply and demand in a market. [Full Article...]

Lexington Realty Trust (LXP) Earning Favorable Press Coverage, Report Shows

Lexington Realty Trust (LXP) Earning Favorable Press Coverage, Report Shows The firm also provides commercial and industrial loans, agricultural loans, commercial and residential real estate loans, and consumer loans. It is positive, as 26 investors sold KBH shares while 52 reduced holdings. The rating was upgraded by Citigroup on Wednesday, August 16 to "Buy". The price index of Physicians Realty Trust (NYSE:DOC) for last month was 0.92060. [Full Article...]

Sensex and Nifty at fresh all-time highs ahead of Economic Survey

Sensex and Nifty at fresh all-time highs ahead of Economic Survey It broke its previous closing record of 11,086 reached on January 24. The Economic Survey released earlier in the day projected economic growth would be 7-7.5 per cent in FY19, up from a projected 6.75 per cent for the FY18. It was followed by Bhushan Steel (2.59 million), Newgen Software Technologies (2.30 million) and Central Bank Of India (1.62 million). ICICI Bank, Bharti Airtel and HPCL w... [Full Article...]

Wynn Resorts probes sexual misconduct claims against boss

Wynn Resorts probes sexual misconduct claims against boss One of the reports includes a testimony by a manicurist who was forced to undress and perform sexual acts with the CEO and was later dismissed with a $7.5 million settlement. "The Board is deeply committed to ensuring the safety and wellbeing of all of the Company's employees and to operating with the highest ethical standards", the board said in a statement provided to CNN Money . [Full Article...]

(XOM) Position Increased by Wedbush Securities Inc

(XOM) Position Increased by Wedbush Securities Inc The stock decreased 1.11% or $0.99 during the last trading session, reaching $88.01. About 7.47 million shares traded. It has underperformed by 0.92% the S&P500. RBC Capital Markets maintained Exxon Mobil Corporation (NYSE:XOM) on Monday, October 9 with "Hold" rating . As per Tuesday, January 16, the company rating was maintained by Jefferies. [Full Article...]

Why you should file your taxes sooner rather than later

Why you should file your taxes sooner rather than later It's that time of the year again; tax filing season is here. It is important for taxpayers to know that even if someone else prepares their return, they are ultimately responsible for all the information on the tax return. Taxpayers can also begin submitting returns to the state through commercially available tax preparation software; or they can download paper tax forms from the LDR website. [Full Article...]

Keurig coffee, Dr Pepper Snapple combine in $21 billion-plus deal

Keurig coffee, Dr Pepper Snapple combine in $21 billion-plus deal The stock decreased 0.16% or $0.15 during the last trading session, reaching $95.81. A 13 percent stake in Dr Pepper Snapple was worth more than $2.2 billion before the deal was announced. A rating of 4 or 5 would represent a Sell recommendation. Cambridge Investment Research Advisors Inc acquired 8,438 shares as Dr Pepper Snapple Group (DPS)'s stock declined 3.26%. [Full Article...]

Lockheed Martin (LMT) Announces Quarterly Earnings Results, Beats Expectations By $0.24 EPS

Lockheed Martin (LMT) Announces Quarterly Earnings Results, Beats Expectations By $0.24 EPS LMT reported earnings per share of $4.30 for the fourth quarter of 2017. The Strategy Asset Managers Llc holds 45,783 shares with $14.21M value, down from 46,771 last quarter. On Wednesday, August 19 the stock rating was maintained by Citigroup with "Buy". (CYH). The consensus rating is 3.3, suggesting the market has given up on the stock . [Full Article...]

AAA: Gas prices continue upward push

GasBuddy's daily survey of gas outlets says the price has risen 4 cents per gallon in ME in the last week, averaging $2.61. Patrick DeHaan, lead petroleum analyst for gas price-tracking website GasBuddy, said Monday that recent gas price hikes could be just the tip of the iceberg for what's to come. [Full Article...]

Panera Bread issues voluntary recall on certain types of cream cheese

Panera Bread issues voluntary recall on certain types of cream cheese The products have an expiration date on or before 4/2/18. The recall covers only cream cheese sold in Panera locations in the United States. "We have likewise ceased all manufacturing in the associated cream cheese facility", according to a statement from Blaine Hurst, Panera's president and CEO. [Full Article...]

New easyJet boss takes salary cut as airline reveals gender pay gap

New easyJet boss takes salary cut as airline reveals gender pay gap Johan Lundgren's starting salary was £740,000, but he asked for it to be reduced to £706,000. Johan Lundgren took over as easyJet chief executive on 1 December. EasyJet has reported the third highest mean gender pay gap of any of the 715 employers that have disclosed their figures to the Government to date. [Full Article...]

Facebook reveals privacy principles for first time, helps users control access

Facebook reveals privacy principles for first time, helps users control access Sheryl Sandberg, Facebook's chief operating officer said in a speech last week that the new privacy center would give Facebook a "very good foundation to meet all the requirements of the GDPR and to spur us on to continue investing in products and in educational tools to protect privacy". [Full Article...]

Carillion collapse: Auditor KPMG facing investigation

Carillion collapse: Auditor KPMG facing investigation McPhail said the Carillion pension issues "looks more to me like a failure of corporate governance " rather than there being a lack of pension scheme oversight, given trustees had repeatedly challenged the company. The letter stated: " KPMG have audited their (Carillon) accounts every year since the company's inception in 1999, receiving £29.4 million in fees in the process". [Full Article...]

Volkswagen: Car giant launches investigation over claims MONKEYS were tested on

Volkswagen: Car giant launches investigation over claims MONKEYS were tested on Doctors at an Aachen-based university hospital then examined 25 people after they inhaled varying concentrations of the gas over several hours. Testing on helpless animals is absolutely sickening. Daimler, which owns Mercedes, told the AFP news agency it "condemns the experiments in the strongest terms". "They raise many critical questions for those behind these tests, and these questions must urg... [Full Article...]

Gronkowski Practicing, Hopeful for Super Bowl

That bidder's name? Stan Kroenke - Yes, that Stan Kroenke. "You're not going to do that in front of anyone else, but you don't want to hold it in either". The game for now is very calculated, it's very strategic. As for Kraft, he was actually asked about Lurie's bid back in February 2005. "He's so unique. [Full Article...]

Trump Says Dollar to Strengthen, Mnuchin 'Taken Out of Context'

Trump Says Dollar to Strengthen, Mnuchin 'Taken Out of Context' That was a bit less than analysts predicted but still a solid result, as Americans continued to shop and home construction increased. Consumer spending was up sharply, a sign that the economy is doing well. The stock jumped $14.91, or 13.8 percent, to $123.21. The broader S&P 500 index ultimately closed 0.1 per cent higher to post a fresh record. It gained $1.14, or 1.8 percent, to $65.61 a ba... [Full Article...]


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