Economy

Asia stocks, dollar under pressure after soft US data

Asia stocks, dollar under pressure after soft US data MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.4 percent, though many markets in the region, including Australia, Singapore and Hong Kong, were closed for Good Friday. Trump said also on Wednesday that his administration will not label China a currency manipulator in a report due shortly. The United States, its allies and China are working together on a range... [Full Article...]

South Korea's Former President Park Charged in Corruption Probe

Prosecutors accused Park of colluding with Choi to receive 7 billion won (£4.9 million) from Lotte for favours, they said in a statement. Park, too, has denied the charges against her, arguing that she was victimized by her political enemies. [Full Article...]

Workers relieve pressure on leaking Alaska oil well

The well structure is housed in a metal "well house" which is helping to contain any oil spray. BP had a 201,000-gallon oil spill in March 2006 and a smaller spill five months later that ultimately caused it to halve production at Alaska's Prudhoe Bay for several weeks. [Full Article...]

Gorsuch asks his first questions from Supreme Court bench

Gorsuch asks his first questions from Supreme Court bench The justices could also decide whether to hear a case concerning claims by undocumented Central American women and their children who were apprehended immediately after entering the United States surreptitiously in late 2015. The second case he heard involved a property dispute. On day one, Gorsuch heard three cases: Perry v. Merit Systems Protection Board , Town of Chester v. [Full Article...]

More Wells Fargo clawbacks; blockchain hype tempered

As CFPB noted in its release, bank employees had opened hundreds of thousands of deposit and credit card accounts that had not been authorized by customers. According to the investigation, board member Enrique Hernandez Jr., chair of its risk committee, took a proactive stance in trying to learn about the sales misdeeds and criticizing Tolstedt. [Full Article...]

MCD polls: BJP promises social security for unorganised sector, Rs 10 food

MCD polls: BJP promises social security for unorganised sector, Rs 10 food However, some Congress workers and a candidate of AAP in MCD bypolls previous year, Sunita Tokas, today joined the BJP. Goel's remarks came on a day Deputy Chief Minister Manish Sisodia made a fresh attempt to corner BJP on the issue against the backdrop of AAP's poll promise to waive house tax for the residents of the national capital. [Full Article...]

Raiders owner Mark Davis, other National Football League reaction on passing of Dan Rooney

Raiders owner Mark Davis, other National Football League reaction on passing of Dan Rooney FILE-In this October 21, 2002 photo shows Pittsburgh Steelers owner Dan Rooney , left, visiting with former Pittsburgh Steelers Hall of Fame quarterback Terry Bradshaw during a halftime welcome home ceremony for Bradshaw, in Pi. You made me feel welcome. "I extend my heartfelt sympathy to Patricia, their children, and all of the Rooney family that God grant Dan eternal rest". [Full Article...]

NCLT dismisses petition against Tata Sons by Shapoorji Pallonji Group companies

NCLT dismisses petition against Tata Sons by Shapoorji Pallonji Group companies According to the plea, Tata Sons and Tata Trusts disobeyed an NCLT order by initiating the removal of Mistry from the board. Tata Sons had said Mr. Mistry's firms hold only 2.17% stake in the firm. The Mistry camp can, however, challenge the NCLT order at the National Company Law Appellate Tribunal (NCLAT). "Over the past six months, Mistry has failed demonstrably to build a case. [Full Article...]

United Airlines makes policy change regarding passengers getting bumped from flights

The incident sparked outrage among other passengers as well as on social media. And flight crews have to make must-ride bookings at least 60 minutes prior to departure. The airline also has refunded passengers the cost of their tickets, a spokesman for United told dpa. His treatment caused a backlash that lasted for most of the week and spanned continents, as United, its stock price plunging, st... [Full Article...]

China's Ant Financial outbids rival for MoneyGram

China's Ant Financial outbids rival for MoneyGram Ant Financial Services Group, the payments affiliate of Chinese e-commerce giant Alibaba Group Holding, has raised its offer for electronic payment firm MoneyGram International Inc by nearly 36 percent. Holmes said price and approval risk were the key points of contention for both bids. CFIUS has always closely scrutinised all Chinese acquisition offers for United States companies and a deal wi... [Full Article...]

Regina commemorates 100th anniversary of the Battle of Vimy Ridge

It was the first time all four Canadian divisions fought together in the First World War. Vimy Ridge, Hill 70 and Passchendaele all occurred in one historic year for the Canadian military. They succeeded where other armies had failed - but at a great cost. That was Ypres, Belgium, until the British built their national memorial there. The ceremony, hosted by the Canadian government, included r... [Full Article...]

New United Video Shows Moments Before Officers Dragged Doctor From Plane

The practice of "bumping" passengers off of overbooked flights, has also come under scrutiny. A United Airlines spokesperson told The Post the passengers "are receiving compensation for the cost of their tickets". Meanwhile Wednesday, there was more criticism of United Airlines on the grounds of its medical preparedness. He refused to leave . As for Dao's incident, United officials said crew ... [Full Article...]

Boeing Dreamliner Gets $3M Cheaper Thanks to 3D Printing

Boeing Dreamliner Gets $3M Cheaper Thanks to 3D Printing Airbus, Boeing and defense contractor Raytheon have all experimented with additive manufacturing to develop new components. It's useful shorthand to call these processes 3D-printing since that is how they functional practically-the tech allows for metal to be laid down in layers and built up additively, for a finished product that is a single part. [Full Article...]

Man dragged off United flight reportedly prepares to sue

Man dragged off United flight reportedly prepares to sue When he refused to leave his seat, he was forcibly removed. "We have seen a renewed surge in hate and discrimination against our communities", he noted. Dao speaking to security officials who are telling him to exit the overbooked plane. "Probably the word "shame" comes to mind", Mr Munoz said, adding that he had not yet spoken to Mr Dao, but his team had tried to reach out to him. [Full Article...]

Fake accounts case: Wells Fargo claws back another $105m in pay

She is also the former head of Wells Fargo Securities in the Europe, Middle East, and Africa (EMEA) region and CEO of Wells Fargo Securities International where she oversaw investment banking and capital markets activities, including advisory services and sales and trading for EMEA. [Full Article...]

Pence: US era of strategic patience with North Korea over

But now, Pence will try to reassure his jittery hosts that those decades-old security commitments are ironclad, a necessity made more acute as tensions rise over Pyongyang's latest missile test and Washington's refusal to rule out military action against the regime. [Full Article...]

Women fight for equal pay

Des Moines Professionals, the city's local Lean In Circle - a global network of small peer support groups - and local business Wanderlust are participating in the campaign. The number of working women living in poverty would be cut in half. That's supposed to represent how far into the next workweek a woman has to work to earn a man's weekly pay. [Full Article...]

Air India mulls fine up to Rs 15 lakh on unruly fliers

Air India mulls fine up to Rs 15 lakh on unruly fliers But the airline management led by chairman Ashwani Lohani is keen to protect the interests of employees and is working on a number of steps to tackle unruly passengers . It will impose Rs 5-lakh fine for one-hour delay, Rs 10 lakh for delay between one and two hours and Rs 15 lakh for beyond two hours. The ban however was later revoked. [Full Article...]

Suit: Wells Fargo banker fired after refusing part in scheme

On 12/31/2016 Wells Fargo & Company ( WFC ) reported its EPS in the last quarter as $1.03/Share beating the analyst estimate of $1/Share by the difference of $0.03. ILLEGAL ACTIVITY NOTICE: This article was first published by Markets Daily and is the sole property of of Markets Daily. If you are reading this report on another publication, it was illegally copied and republished in violation of U... [Full Article...]

Wells Fargo report: no 'pattern of retaliation' against whistleblowers

In response, some employees were fired and executives were forced to give back more than $90 million in compensation. Williams & Connolly lawyer Enu Mainigi said that they strongly disagree with the report. At some point Wells Fargo realized there could be a problem and began to take steps to address it. "The board's report is a necessary examination of what went wrong in our culture, oper... [Full Article...]


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