Economy

US launches probe of Boeing dumping, subsidy claims vs Bombardier

US launches probe of Boeing dumping, subsidy claims vs Bombardier Freeland says Boeing's petition is "clearly aimed at blocking Bombardier's new aircraft, the CSeries aircraft, from entering the USA market". Delta past year agreed to buy dozens of CSeries planes at a price Boeing says was significantly below Bombardier's cost. [Full Article...]

Chinese jets intercept US radiation-sniffing plane, US says

Two Chinese SU-30 fighter jets intercepted an American military aircraft over the East China Sea on Tuesday, according to the U.S. Air Force. Officials told NBC China's actions are being addressed through "appropriate diplomatic channels". [Full Article...]

Global Crisper Market:- THERMOS, LOCK&LOCK, Tupperware and ARSTO

Global Crisper Market:- THERMOS, LOCK&LOCK, Tupperware and ARSTO Then the Crisper industry report includes, Crisper definitions, classifications, chain structure of Crisper industry, Crisper market by application of the product in various industries. Then, the report explores the worldwide major industry players in detail. Market predictions along with the statistical nuances presented in the report render an insightful view of the Flame Arr... [Full Article...]

Iowa State Bank Increases Stake in salesforce.com, inc. (CRM)

Iowa State Bank Increases Stake in salesforce.com, inc. (CRM) The stock was sold at an average price of $89.80, for a total transaction of $898,000.00. Update: Salesforce stock is now up 54 cents, or 0.6%, at $88.42. (NYSE: CRM ) for 368,088 shares. Robbins Cynthia G. had sold 2,935 shares worth $205,010 on Wednesday, December 28. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer b... [Full Article...]

1 dead, 23 injured after car plows into pedestrians at Times Square

Police identified Elsman as the 18-year-old killed. Initial tests came back negative for alcohol, according to law enforcement sources. A witness told Reuters news agency they saw seven people being loaded onto stretchers, shoes scattered around the scene and one person covered in a bloodstained blanket. [Full Article...]

Facebook to stream MLB game each Friday starting this week

Facebook to stream MLB game each Friday starting this week Under the deal, Facebook would broadcast games on Friday nights that would be available for every U.S. user on Facebook via the social network's Major League Baseball page, according to Variety. This MLB partnership is another example of Facebook kicking its premium video aspirations into high gear. According to TechCrunch , the broadcast will be sourced from a local broadcaster from one of the... [Full Article...]

Banks tipped off to new tax: Hinch calls for investigation

Banks tipped off to new tax: Hinch calls for investigation The Budget delivered by Treasurer Scott Morrison also outlined a massive $75 billion infrastructure splurge over 10 years, including the Commonwealth's outright purchase of Snowy River Scheme from NSW and Victoria. And he gave a rosy forecast of improved circumstances and for households facing rising living expenses and stalled wage growth. Defence spending will hit two per cent of GDP by 2020/2... [Full Article...]

Walmart's online sales soar 63 percent in Q1

However, excluding currency fluctuations, net sales were $28.3 billion, an increase of 0.8 percent. E-commerce sales increased by 63 percent in the quarter, which reflects Jet .com and all of Walmart's businesses. During the first quarter, online sales and GMV witnessed a growth rate of 7 percent and 7.5 percent respectively. AT&T and Verizon each rose 1.3 percent Thursday. [Full Article...]

EU hits Facebook with $122 million fine

EU hits Facebook with $122 million fine However, that all changed in 2016 when WhatsApp updated its privacy policy and started linking users' phone numbers with Facebook users' identities. The fine will not reverse the Commission's decision to clear the purchase of WhatsApp . Still, the European Commission proceeded with an official probe: The region's competition chief, Margrethe Vestager, issued a formal statement of objection... [Full Article...]

Amazon's new bestseller list shows what people are actually reading

Amazon's new bestseller list shows what people are actually reading To see which books made the inaugural Top 20 Most Read and Top 20 Most Sold fiction and nonfiction Amazon Charts , visit: www.amazon.com/charts. Amazon has always relied on user feedback and their ranking data as an integral element to foster sales on its platform, and now the e-commerce behemoth is coming forward with a new formula to add more buyers with its book business. [Full Article...]

China's first giant passenger jet is slated for maiden test flight

Royce also added that "it will be very hard for COMAC to break into western markets, particularly when very few airlines have experience with using COMAC's aircraft in service". By the time of its rollout, schedules called for first flight in the second quarter of 2016 but various delays in final systems installation and ground testing forced a further one-year wait. [Full Article...]

Uber tackles trucking with launch of new Uber Freight app

Uber tackles trucking with launch of new Uber Freight app And there's a danger that publicizing a shipment on the app could increase competition for that load, thereby driving down prices and cutting into the truckers' profits, he said. The same leadership team that built that pricing model, led by Kevin Novak, is now focused exclusively on freight opportunities. Now that Uber has thoroughly disrupted the taxi industry, changing transportation as we kn... [Full Article...]

Oil prices rise on expectation of extended crude supply cut

Oil prices rise on expectation of extended crude supply cut OPEC officials will meet next week in Vienna to talk about extending oil production cuts that have stabilized oil prices but haven't rebalanced the global oil market yet. Saudi Arabia and Russian Federation said on Monday that they agreed to the need for a 1.8 million barrels per day (bpd) crude supply cut to be extended for nine months, until the end of March 2018. [Full Article...]

England's emergency units open 'as normal' again after cyber attack

At present, patients are being advised to still turn up to their scheduled appointments, and while the NHS systems can not confirm details of them, they are doing their best to instil as little inconvenience as possible. GP practices will be working to get back to full operational capacity and concentrating on prioritising patients with the greatest needs. It was feared that NHS workers returnin... [Full Article...]

Treasury's Mnuchin concerned about alternate scoring models of Trump tax plan

Treasury's Mnuchin concerned about alternate scoring models of Trump tax plan While reviving Glass-Steagall would be a drastic step, lawmakers on both sides of the aisle have argued it might be the best way to prevent banks from becoming so large that they endanger the financial system. "I think all you're doing is just adding to the deficit, which is incredibly irresponsible to the children of this country", said Sen. Warren said Mnuchin's support for Glass-Steagall and ... [Full Article...]

Sirius XM Holdings Inc. (NASDAQ:SIRI) Valuation According To Analysts

Sirius XM Holdings Inc. (NASDAQ:SIRI) Valuation According To Analysts SIRI has been the subject of a number of recent research reports. Evercore ISI downgraded shares of Sirius XM Holdings to a "buy" rating in a report on Friday, March 3rd. Comparatively, Sirius XM Holdings Inc. posted earnings of $0.05 per share in the same quarter previous year. The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 31st. [Full Article...]

Paging James Comey: Some congressional Russian Federation investigators struggle to reach Federal Bureau of Investigation director

Paging James Comey: Some congressional Russian Federation investigators struggle to reach Federal Bureau of Investigation director Chaffetz's reported early departure comes after he took to Twitter on Wednesday to announce that the House Oversight Committee "officially scheduled" a hearing with former FBI Director James Comey - though he hasn't heard back yet. "At worst, he has obstructed justice". "At least one such memorandum reportedly describes a conversation in which the President referenced the FBI investigation of fo... [Full Article...]

US private equity firms bid for Australia newspaper empire

US private equity firms bid for Australia newspaper empire Earlier in the day, the committee heard from Paul Murphy, chief executive of the Media, Entertainment and Arts Alliance, who raised concerns about the impact of splitting Domain off from the rest of the Fairfax business and listing it on the ASX. [Full Article...]

House majority leader in 2016: 'I think Putin pays' Trump

Only a short time before the announcement of the special counsel came out, the Washington Post reported that Rep. Kevin McCarthy, the House Majority Leader (2nd behind Paul Ryan in the House GOP), said a year ago that he thinks Vladimir Putin has Trump on the payroll. [Full Article...]

Memorial Day Travel Expected To Be Up

Memorial Day Travel Expected To Be Up One out of ten Americans, or 12.2% of the entire population of the United States, will roam 50 miles or more from home during the upcoming Memorial Day holiday weekend, projects AAA . Another 50,000 travelers will go by train, bus or ship. Rental vehicle bookings are 19% higher than past year. Interestingly, travelers appear to be unfazed by climbing gas prices . [Full Article...]


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