Economy

Govt rejects Abbott, Medtronic applications to withdraw stents

Govt rejects Abbott, Medtronic applications to withdraw stents Prior to price control, the stents the three companies say they want to pull out used to cost patients anywhere between Rs 1.3 lakh to Rs 1.9 lakh. "There is, however, a provision under the DPCO (Drug Price Control Order) rules for companies to withdraw their product". [Full Article...]

Trump calls court's sanctuary ruling ridiculous

A day after a judge issued a decision to block the president's order to withhold funding from "sanctuary cities" that do not cooperate with US immigration officials, Trump said he would take his fight to the highest court, tweeting, "See you in the Supreme Court". [Full Article...]

Trump Wants to Slash the Corporate Tax Rate to 15%

Trump Wants to Slash the Corporate Tax Rate to 15% Trump's White House doesn't yet have an answer on one of the most basic principles of a tax plan: whether the plan would add to the federal debt or be revenue neutral. The first problem is Trump has shown no ability to win Democratic votes in Congress-and his continued refusal to release his tax return has exacerbated partisan opposition. [Full Article...]

Switzerland maintains press freedoms in 'post-truth' era

Switzerland maintains press freedoms in 'post-truth' era Norway moved two spots to top the press freedom index , while Russian Federation maintained its spot at number 148. The index says media freedom has "retreated wherever the authoritarian strongman model has triumphed". "Journalists continue to be arrested for covering various protests around the country, with several now facing criminal charges". Even in Europe, where the media are generally... [Full Article...]

United CEO says 'system failure' to blame for passenger dragging incident

United CEO says 'system failure' to blame for passenger dragging incident United Airlines has still not responded to our request for an explanation as to why it insisted on using four seats from a sold-out flight to transport crew members who weren't needed in Louisville until the next day. "Well, you can then drag me". "If it happened to me in first class, it can happen to anyone", Fearns said. When a swath of storms swept through the US East Coast last week, forc... [Full Article...]

Scorching Astros face outfield uncertainty vs. Indians

Scorching Astros face outfield uncertainty vs. Indians One Indians hitter McCullers will have to pay particular attention to is third baseman Jose Ramirez , who has been one of the hotter batters in the league since the start of the season. Keuchel went 20-8 with a 2.48 ERA two years ago. With two on and nobody out, left fielder Norichika Aoki fouled off four straight pitches before he doubled to shallow left-center field and brought around Gurriel. [Full Article...]

Netflix nears 100 million subscribers worldwide

The company will reach that milestone this weekend if its projections are correct. Netflix explained that subscriber additions came in below expectations in the first quarter because the timing of new original content. And it may only get harder for the streaming company as more competitors like Amazon and Hulu, which also have a lot of critically acclaimed shows, begin to hit their stride. [Full Article...]

US Holds War Games With Japan, South Korea Amid DPRK Tensions

South Korea also said it was considering drills with the carrier group, which is now conducting joint exercises with Japan in the Philippine Sea. The U.S. He has vowed to prevent North Korea from being able to hit the United States with a nuclear missile and has said "all options are on the table", including a military strike. [Full Article...]

Macron, Le Pen get ready for the final battle

Macron, Le Pen get ready for the final battle Gentiloni held a telephone conversation on Monday with Macron following his win in first round of the election, and both sides agreed to jointly work toward European prosperity, Sputnik reports quoting the Italian government press service. Abandoning the National Front is likely a desperate attempt by Le Pen to break with the party's extremist past, which stands between her and anti-globalist Fren... [Full Article...]

Trump tax push raises questions about scope of his 'reform'

Trump tax push raises questions about scope of his 'reform' The Wall Street Journal first reported Trump's request to cut the corporate tax rate to 15 per cent Monday afternoon. However, he expected a corporate tax cut and some move to encourage the repatriation of profits by USA multinationals, a development that would affect U.S. [Full Article...]

Federal court in San Francisco blocks Trump's threat against sanctuary cities

The San Francisco and Santa Clara County lawsuits were the first to get a hearing before a judge. Hundreds of cities, counties and states have been categorised as sanctuary jurisdictions in unofficial tallies, including the entire states of California, Connecticut, New Mexico and Colorado. [Full Article...]

New United Airlines Policy Scraps Last-Minute Boarding for Crew Members

The new policy states that crew members can only be booked onto oversold flights 60 minutes or more before the flight is scheduled to depart. United flight attendants helped the passenger after he was bitten "by what appeared to be a scorpion", airline spokeswoman Maddie King said in an email on Friday, adding that a physician on the ground assured the crew that "it was not a life-threatening ... [Full Article...]

Lawyer: Doctor dragged from flight plans to file lawsuit

Social media users across the United States, Vietnam and China called for a boycott of the carrier.United said on Friday it had asked a U.S. Senate panel for an extra week to answer detailed questions about the incident. His delayed attempts to repent fell flat. The passenger who recorded the video said that the flight attendant acted angry. Thomas Demetrio is now representing the mother who w... [Full Article...]

Pew: Illegal Immigrant Population Declines To Great Recession Level

Pew: Illegal Immigrant Population Declines To Great Recession Level The report released Tuesday found there were 11 million undocumented immigrants in the country in 2015, down from a high of 12.2 million in 2007. It's based on data from the Census Bureau's American Community Survey. Those living in the USA illegally from Central America, meanwhile, increased to 1.8 million from 1.6 million during that time, according to the report. [Full Article...]

Costa ends goal drought to help Chelsea open up 7-point lead

Costa ends goal drought to help Chelsea open up 7-point lead Antonio Conte has claimed that Chelsea's climb to the top of the Premier League this season is proof that spending the most money is no guarantee of success. "This season isn't the only season both Manchester clubs have spent a lot of money". " I think he's a really good player and a talented player ". [Full Article...]

Japanese minister quits over offensive comment on 2011 quake

Japanese minister quits over offensive comment on 2011 quake The minister for disaster reconstruction, Masahiro Imamura, stepped down Wednesday over a gaffe that has enraged Tohoku residents. Abe conceded that the public's faith in his administration was now lacking following a series of inappropriate remarks made by a number of Cabinet ministers and parliamentary vice ministers that he had appointed. [Full Article...]

Simon the giant bunny found dead after United Airlines flight

A U.K. rabbit, on track to become the world's largest, died on an worldwide flight, according to the U.K. Sun. United Airlines said: "We are reviewing this matter". Sun. It is unclear who the celebrity is, but Edwards told The Sun that the famous individual is upset. Simon , a Continental Giant rabbit , was just 10-months-old and already was 3-foot long. [Full Article...]

How major United States stock market indexes fared on Tuesday

United States stocks ended in the black on Tuesday thanks to some well-received corporate news and as investors awaited a big tax reform announcement from President Donald Trump, with the tech-heavy Nasdaq breaching the 6,000 level for the first time. [Full Article...]

Oil markets on path to recovery due to Opec deal

Energy Information Administration . Analysts said they expected crude oil inventories to have fallen by around 1.5 million barrels last week. Moreover, oil prices were under pressure as a stronger US dollar dented investor sentiment, which made the dollar-denominated oil less attractive for holders of other currencies. [Full Article...]

OPEC chief sees oil producers near to re-balancing market

OPEC chief sees oil producers near to re-balancing market While a number of exporters have reached an initial deal to extend the curbs past June, according to Saudi Arabian Oil Minister Khalid Al-Falih, data showing rising US output is raising concern that those cuts will be undermined. WTI crude oil, the U.S. benchmark, is down by 1.5% at $49.96 per barrel, while Brent crude oil, the worldwide benchmark, is down by 1.2% at $52.34 per barrel as of 11:0... [Full Article...]


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