Economy

'Sanctuary Cities' Bill Clears Latest Hurdle, Heads To Governor Abbott For Signature

'Sanctuary Cities' Bill Clears Latest Hurdle, Heads To Governor Abbott For Signature Texas Rep. Charlie Geren, R-Fort Worth, answers questions as the Texas House debates an anti-sanctuary-cities bill that seeks to jail sheriffs and other officials who refuse to help enforce federal immigration law, in Austin , April 26, 2017. [Full Article...]

David Dao & United Airlines Reached An "Amicable Settlement"

David Dao & United Airlines Reached An Initially, agents said they had no choice but to remove the 69-year-old doctor from his seat when they first asked him to voluntarily give up his seat for United employees on the flight. "Occasionally, operational challenges will have our airport-based employees asking for volunteers, but that will happen much less frequently because overbooking to customers in advance will be off the table as a... [Full Article...]

Alphabet's Profit Continues To Surge

The Other Bets category includes Waymo , Google Fiber, Nests, Verily Life Sciences, Calico and other businesses and moonshot projects. Traffic-acquisition costs have been going up as Google relies more on partner sites and third-party apps to gain traffic and generate mobile advertising revenue. [Full Article...]

Interior Releases List of National Monuments to be Reviewed

His visit comes after an executive order signed last month by President Donald Trump called for a review of 27 national monuments established by several former presidents. "Trump wants to carve up this attractive country into as many corporate giveaways for the oil and gas industry as possible", Travis Nichols of Greenpeace USA said. [Full Article...]

Draw with Southampton not end of the world, says Klopp

But I have nothing to do with it. Despite only picking up one point from the game, Liverpool went back into third ahead of Manchester City. Yet a lethargic display has them ruing a 0-0 draw and Jurgen Klopp blaming Anfield's "dry" pitch. [Full Article...]

'Guardians of the Galaxy Vol. 2' Debuts to Whopping $145 Million

'Guardians of the Galaxy Vol. 2' Debuts to Whopping $145 Million The ambition here was to make something that was unbelievably fresh and exciting. In addition, Kurt Russell features as Ego, claiming to be Quill's father. "The strength of the brand is a license to take risks". "This iteration" could mean anything, because even if the main group splits off, there could be individual movies showing the early lives of the various heroes, or they could regroup and... [Full Article...]

Canada foreign minister on Trump tariffs: 'We're going to play hard'

Canada foreign minister on Trump tariffs: 'We're going to play hard' The recent fixation on Canada may have come as something of a surprise to market watchers, given Trump's primary focus on China, Mexico, and Japan during the presidential campaign, as well as his meeting with Canadian Prime Minister Justin Trudeau in February. [Full Article...]

27 stress they are united heading into Brexit talks

27 stress they are united heading into Brexit talks Labour's Brexit spokesman Keir Starmer said this week that, if elected, his party would guarantee EU nationals living Britain the right to remain in the United Kingdom after the split, and would be open to retaining the benefits of the EU's single market and customs union. [Full Article...]

Barkindo: OPEC, non-OPEC nation committed to restore market stability

Barkindo: OPEC, non-OPEC nation committed to restore market stability USA government drilling data showed shale production next month was set to rise to 5.19 million barrels per day (bpd), with output from the Permian play, the largest US shale region, expected to reach a record 2.36 million bpd. Increasing U.S. output is undermining attempts by the Organization of the Petroleum Exporting Countries ( OPEC ) and other major oil producers to curb output and sustain a ... [Full Article...]

United States Steel Sees Unusually Large Options Volume (X)

United States Steel Sees Unusually Large Options Volume (X) Finally, Norges Bank purchased a new position in shares of United States Steel during the fourth quarter valued at about $40,853,000. United States Steel Corporation has 174,290,000 shares which are now outstanding with a price of 22.57 calculating United States Steel Corporation's market capitalisation to 3.93B Dollars. [Full Article...]

Starbucks customer traffic stalls amid mobile order issues

Starbucks customer traffic stalls amid mobile order issues The company released its latest earnings report Thursday, and it showed weak sales growth in the U.S. That sent its stock price down almost 5% during after-hours trading. In addition, he said, Starbucks is being affected by an overall slowdown in the restaurant industry. " Starbucks coffee company is built to last", he said. [Full Article...]

Violent street gang MS-13 puts Long Island towns in its grip

Violent street gang MS-13 puts Long Island towns in its grip Sessions will target gangs in a speech on Long Island on Friday, a week after the Trump administration announced that it has set sights on the crime network that has spread through the United States. "We have it in other parts of the state but nowhere like on Long Island". "It's not going to do anything about the MS-13, it's not going to slow them down". [Full Article...]

United Airlines settles for 'undisclosed sum' with passenger dragged from flight

United Airlines settles for 'undisclosed sum' with passenger dragged from flight United said it was a mistake to let the Republic crew board late, which required removing four paying passengers; calling officers when there was no safety or security issue; and not offering enough money to entice volunteers to give up their seats. [Full Article...]

Trump Tax Plan is a Sweet Deal for Corporations and the Rich

Trump Tax Plan is a Sweet Deal for Corporations and the Rich At least two of the measures included in Donald Trump's proposed tax cuts stand to make him, his family and the wealthiest Americans much richer, experts have claimed. Trump's plan would also end the estate tax, referred to by opponents as the "death tax". Big US companies have almost $1.8 trillion in cash stockpiled overseas, according to Moody's Investors Service. [Full Article...]

Oil prices felled by Libyan oil restart and weak gasoline demand

Oil prices felled by Libyan oil restart and weak gasoline demand Crude inventories fell 3.6 million barrels (MMbbl) in the week to April 21, compared with analyst expectations for a decrease of 1.7 MMbbl. On a four-week average, total USA petroleum product supplied stood at 19.533 million b/d last week, down 495,000 b/d from the same time past year. [Full Article...]

Stocks under Consideration: Whiting Petroleum Corp. (WLL), Synchronoss Technologies, Inc. (SNCR)

Stocks under Consideration: Whiting Petroleum Corp. (WLL), Synchronoss Technologies, Inc. (SNCR) The average true range of the stock is observed at 0.44 and the relative strength index of the stock is recorded at 36.30. The RSI oscillates between zero and 100. The oil and gas exploration company reported ($0.15) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.22) by $0.07. [Full Article...]

Tech earnings power Nasdaq to record high; S&P, Dow flat

Caterpillar was up 7.7 per cent at US$104.29 after earlier hitting a multi-year high of US$104.71 and McDonald's jumped 5.6 per cent to US$141.72, both after beating profit estimates. Biogen reported solid earnings for 2017's first quarter, with the help of a new drug that combats a rare infant disease. The S&P 500 index showed 40 52-week highs and two lows, while the Nasdaq recorded 6... [Full Article...]

United Airlines CEO Oscar Munoz Won't Chair Board In 2018

United Airlines CEO Oscar Munoz Won't Chair Board In 2018 Also this week, United Airlines and Chicago airport officials missed a deadline for answering questions from by key USA senators about the dragging incident aboard a United Express plane. Demetrio is expected to file a lawsuit on behalf of Dao, a doctor from Kentucky, who he said suffered a concussion and broken nose and lost two teeth in the incident. [Full Article...]

Uber looks to soar with flying taxis by 2020

Dubai - alongside Dallas Fort-Worth, Texas - has been singled out as one of two cities that will see ridesharing giant Uber launch a system of flying vehicles created to transport people around urban areas. The partnership agreement provides the basis for a system of urban transportation solutions that will enable users of the Uber Elevate Network to request an Aurora eVTOL aircraft via Uber's com... [Full Article...]

Trump tax plan: Relief for his voters but lots of unknowns

President Trump on Wednesday proposed sharp reductions in individual and business income tax rates and a radical reordering of the tax code that would significantly benefit the wealthy, but he offered no explanation of how the plan would be financed as he rushed to show progress before the 100-day mark of his presidency. [Full Article...]


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