Economy

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

India is a huge market for anyone to ignore: Warren Buffet Munoz has since " apologized many times, but your first reaction is going to get a lot of attention". Buffett has said most of the money he is leaving for his wife after his death will be invested in a Vanguard S&P 500 index. "I never expected he could pull off what he did. on the scale that it happened", Buffett said Monday. "Massive trade should be - and is actually - enormously beneficial ... [Full Article...]

Trump Administration eases on Obama school lunch regulations

Dzimeria said the bottom line is that school will still be healthy with the new guidelines , they just make it easier for schools to make food kids won't be throwing away. The association often clashed with the Obama administration, which phased in the healthier school meal rules starting in 2012. "Nothing will change that legacy, but unfortunately today's actions will delay and undermine Oba... [Full Article...]

Alphabet reports $24.7 Billion in revenue in quarter ended March 31st

Google has aggressively shifted the focus of its business to mobile advertising. Google has promised new efforts to match advertisers with appropriate content, using artificial intelligence, in response to complaints. "YouTube revenues continue to grow at a significant rate, driven primarily by video advertising", Alphabet Chief Financial Officer Ruth Porat said during an earnings call . [Full Article...]

North Korea escalation, South China Sea dominate ASEAN meeting in Manila

Philippine President Rodrigo Duterte and partner Honeylet Avancena chat as they wait for the arrival of Southeast asian leaders for the opening ceremony of the 30th ASEAN Leaders' Summit Saturday, April 29, 2017 in Manila , Ph. Chinese officials pressed for words that might allude to last year's worldwide arbitration ruling to be kept out of the statement, the diplomats said, particularly the ter... [Full Article...]

Tillerson urges ASEAN ministers to cut N Korea funding, minimise diplomatic ties

He said that North Korea abuses diplomatic privileges to help fund its arms programs. "We are clear - we've been clear to them this is not about regime change, this is not about regime collapse, this is not about an accelerated reunification of the peninsula, this is not about us looking for an excuse to come north of the 38th Parallel", he said. [Full Article...]

Grocers are happy bunnies after Easter

Grocers are happy bunnies after Easter Helen Dickinson, Managing Director of the BRC, however, cautioned reading too much into the rise, saying nearly all the gains were due to Easter-effect. 'Despite growth across a number of categories, the spending picture in real terms is one of growing caution, as seen by declining confidence levels amongst the UK's consumers'. [Full Article...]

Spirit Airlines cancels flight, passenger brawl breaks out

In its suit, Spirit said the Air Line Pilots Association (ALPA) and some of its members are "purposely and unlawfully disrupting the airline's operations". They estimate that about 20,000 customers have been affected since the cancellations began last week. "We are disappointed that ALPA has chose to engage in this unlawful slowdown", Spirit spokesman Paul Berry said in a statement to USA TODAY'... [Full Article...]

Sinclair announces deal to buy Tribune for $3.9B

Sinclair announces deal to buy Tribune for $3.9B Sinclair has 173 stations in 81 markets, including affiliations with Fox, ABC, CBS and NBC, and reaches 24 percent of U.S. TV homes with the UHF discount reinstated. Tribune operates dozens of TV stations across the country. Last year, Tribune Media sold its data company Gracenote to Nielsen; It also sold real estate assets including its iconic Tribune Tower in Chicago. [Full Article...]

Price Target Estimates for Wells Fargo & Company

Biondo Llc invested 0.09% in Wells Fargo & Co (NYSE: WFC ). 1st Global Advisors Inc. now owns 69,674 shares of the financial services provider's stock worth $3,085,000 after buying an additional 5,977 shares during the period. The business's revenue was down.9% on a year-over-year basis. After having $-0.48 EPS previously, Aquinox Pharmaceuticals Inc's analysts see 18.75% EPS growth. [Full Article...]

Sinclair Broadcast Group acquires Tribune Media

Twenty-First Century Fox was in talks with Blackstone Group LP (BX.N) last week about submitting an offer to buy Tribune Media, sources said at the time . Joined together, they'll have even more muscle in negotiations with cable, satellite and digital distributors. Following the deal, Sinclair will own or operate more than 200 stations. [Full Article...]

China begins trial of lawyer Xie Yang on subversion charges

China begins trial of lawyer Xie Yang on subversion charges A photo described as the trial of human rights lawyer Xie Yang which is seen on the social media of the Changshai Intermediate People's Court is displayed on May 8, 2017. citizens, no question about it, " said John Kamm, founder of the Dui Hua Foundation in San Francisco. Wives of detained human rights lawyers from left, Li Wenzu, Wang Qiaoling, Fan Lili, Liu Ermin, Wang Yanfang and Chen Guiqiu ... [Full Article...]

UK Should Pay for EU Single Market Access

UK Should Pay for EU Single Market Access She's seeking votes from the red-white-and-blue-in-the-face British nationalists and so she's made great play of the bloody hard woman tag. In order to secure a few votes from Ukip, our wrong and unable PM just made it more likely that the United Kingdom will crash out of the European Union without any deal being struck, potentially causing the loss of tens of thousands of jobs and gravely dam... [Full Article...]

1st Large Made-in-China Passenger Jet takes Off on Maiden Flight

Comac is a state-owned Chinese company and symbolises the government's desire to break into the commercial aviation space. With the flight, the official Xinhua News Agency said China had become "one of the world's top makers of jumbo aircraft", becoming the 4th Large Jet producer after the U.S., Europe and Russian Federation. [Full Article...]

Starbucks (SBUX) Is A Solid Stock For Dividends

Starbucks (SBUX) Is A Solid Stock For Dividends Starbucks Rewards program made up 36% of its USA -operated sales in the US, while mobile payments made up 29% of the company's transactions. The lowest EPS estimate is $0.54 and the highest is $0.56. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. Capital World Investors boosted its position in Starbucks by 30.3% in the third quar... [Full Article...]

United CEO Oscar Munoz Got Grilled By DC Lawmakers

If airlines don't act to improve, "I can assure you, you won't like the outcome", Shuster said . "We're here today to look and hear about where we can prod push or legislate to get better service for passengers", said Rep. The airline needed additional seats to make room for crew members who needed to get to Louisville, Kentucky, to operate flights the next day, so it bumped the passenger. [Full Article...]

Gulf carrier Etihad Airways names veteran exec interim CEO

Gulf carrier Etihad Airways names veteran exec interim CEO Thirion, who joined the airline in 2007, now serves as Senior Vice President, Group Treasurer. As interim CEO, Mr Gammell is to continue with a strategic review begun a year ago though a permanent group CEO is expected to be announced in the "next few weeks", chairman Mohamed Mubarak Fadhel al-Mazrouei said in a statement. [Full Article...]

Ashwin in India's Champions Trophy squad

He also admitted benefitting from the company of seasoned left-arm seamer Zaheer Khan, who is the captain of Daredevils. "It would be a good thing for me that I am playing in IPL as it will give me the match practice required for the Champions Trophy". [Full Article...]

Princess Charlotte's new portrait released to celebrate 2nd birthday

Princess Charlotte's new portrait released to celebrate 2nd birthday The Duke and Duchess are very pleased to share this photograph as they celebrate Princess Charlotte's second birthday. She's ringing in her second birthday on May 2, 2017, and Kensington Palace has released a new official photo on their Twitter account for the occasion! The photo, shared across social media, shows the princess sitting outside wearing a yellow sweater, looking calmly at h... [Full Article...]

Appeals court to hear arguments on Trump's travel ban

In reviewing the decision of a federal district judge in Maryland, who blocked the ban from going into effect, the judges of the 4 Circuit focused nearly exclusively on the question of whether Trump's campaign pledge to ban Muslims should be taken into consideration when weighing the constitutionality of the travel ban. [Full Article...]

Coach's bling fling, will spend $2.4B on Kate Spade

Some 60 percent of Kate Spade's customers are millennials, a group Coach is attempting to appeal to. "It allows us to go after a new customer segment, and specially with its strength with the millennial", the company said. The deal, which has been unanimously approved by the board of directors for both companies, has silenced months of speculation regarding reports Kate Spade was exploring a... [Full Article...]


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