Economy

Israeli intel officials shouted at U.S. counterparts after Trump disclosure

Israeli intel officials shouted at U.S. counterparts after Trump disclosure U.S. Ambassador to the United Nations Nikki Haley raised eyebrows this week when she declared that the Western Wall in Jerusalem is part of Israel and renewed the call made by Donald Trump during his presidential campaign a year ago that the United States should move its embassy from Tel Aviv to Jerusalem. [Full Article...]

FSU Baseball to face Notre Dame and Louisville in ACC Championships

FSU Baseball to face Notre Dame and Louisville in ACC Championships The Hurricanes are 2-1 against Georgia Tech (27-26, 11-19), which they face at 11 a.m. Tuesday in the Pool C opener. Every team in each pool will play each other one time with each pool's victor advancing to the semi finals scheduled for Friday May 26th. [Full Article...]

Saudi, US cement partnership with deals worth US$280 bln

Trump was greeted by King Salman of Saudi Arabia. American and Saudi flags lined the streets of Riyadh and men on horseback surrounded the president's motorcade. Washington inked arms deals worth nearly United States dollars 110 billion with Riyadh , a White House official confirmed. Reports also emerged that Trump had called Comey "a nut job" and that the Federal Bureau of Investigation had ... [Full Article...]

Wal-Mart's quarterly same-store sales beat estimates

Online sales at Walmart.com rose 63 percent, dramatically up from the 29 percent growth in the previous quarter. Most of the sales increase came from Walmart.com, said a spokesman. The Amazon Prime program costs $99 a year, but comes with services like streaming music and video. Its price to sales ratio of 0.47 ranks lower than the industry's 0.95. [Full Article...]

Unemployment drops to 3.6 percent in Indiana

Nationally, the unemployment rate was 4.4 percent in April, down from 4.5 percent in March. In the a year ago, the county's labor force has grown by more than 4,000 people, and the number of people working has increased by about 4,600. George Mokrzan, the chief economist at Columbus-based Huntington Bank, said that while the state's unemployment rate suggests a healthy economy, the fact that job g... [Full Article...]

Unruly, 'disheveled' man subdued on jet heading to Hawaii

A passenger on an American Airlines flight was arrested on Saturday after trying to breach the cockpit. Lorenzen and his wife Penny Lorenzen, of Orange County, California, were sitting in first class and saw a "really serious look" on the flight attendant's face. [Full Article...]

French researchers find way to unlock WannaCry without ransom

French researchers find way to unlock WannaCry without ransom Europol affirmed the solution developed by the team of security researchers. The "ransomware", called WannaCry, has infected hundreds of thousands of computers since it appeared May 12. Only 309 transactions worth around $94,000 appear to have been paid into WannaCry blackmail accounts by Friday (1345 GMT), sevens days after the attack began. [Full Article...]

Salesforce.com, inc. (CRM) Chairman Sells 10000 Shares of Stock

The Form 4 was made public in a filing dated May 18, 2017 with the SEC. The stock of salesforce.com, inc. The share price of the stock surged 77.30% for the year. Deutsche Bank AG reissued a buy rating and issued a $90.00 target price on shares of salesforce.com, inc.in a research note on Tuesday, January 31st. [Full Article...]

Philippines Proposes 'Gentleman's Agreement' with China on South China Sea

Philippines Proposes 'Gentleman's Agreement' with China on South China Sea You know why? You are not the only claimant. Asked whether the agreement would be binding, Chinese Vice Foreign Minister Liu Zhenmin told reporters: "I can not give you a definite answer now". Duterte made the revelation just as the Philippines and China began bilateral talks on the dispute in Guiyang, China through the newly forged Bilateral Consultation Mechanism (BCM). [Full Article...]

GST rates impact: Service providers fear another inspector raj in offing

The government has said that this list of taxation rates for goods and services will be subject to further vetting during which the list may undergo some changes. Jaitley said, "As I said, we made sure that consumers don't have to pay more". Bipin Sapra, Tax Partner, EY India said that while the efficiencies because of GST design will lower the effective tax rate, the overall rates of services a... [Full Article...]

North Korea tests another missile; Seoul says dashes hopes for peace

North Korea tests another missile; Seoul says dashes hopes for peace Japan was quick to condemn the latest rocket launch, with a government spokesman in Tokyo saying that the missile had landed in the Sea of Japan but did not reach Japanese territorial waters. The weapons system tested in February was a KN-15, also known as a Pukguksong-2. A week ago, the North test-fired what is believed to be an intermediate-range ballistic missile from Kusong, North Pyongan Pr... [Full Article...]

Beijing and Manila end talks as 'war' threat recalled

Reuters notes that some of ASEAN's representatives believe China is playing along with the draft framework merely to "buy time for Beijing to wrap up construction activities", at which point Chinese ownership of everything Beijing covets in the region would be a fait accompli, despite the Permanent Court of Arbitration in the Hague ruling against Chinese claims of sovereignty previous... [Full Article...]

Pippa Middleton marries hedge fund manager James Matthews in almost royal wedding

Pippa Middleton marries hedge fund manager James Matthews in almost royal wedding The bride arrived with her father Michael in a Jaguar Mark V open-top auto, wearing a high-necked, capped-sleeved dress with a corseted bodice and sweeping skirt, worn with a veil by milliner Stephen Jones. The Duchess of Cambridge had admitted she was a little anxious about how her children would behave. After the ceremony at St. Mark's Church in Englefield, west of London, a lavish private rec... [Full Article...]

Senate falls short in effort to repeal environmental regulation

Senate falls short in effort to repeal environmental regulation The Department of the Interior has the authority and the flexibility to revise the rule . The rule in question was directed at the Bureau of Land Management and Republicans needed just 51 votes to eliminate it. Environmentalists celebrated the rare win in the Trump era, with many such as Sierra Club executive director Michael Brune casting the vote as a stand against the oil and gas industry. [Full Article...]

Trump defends sharing terrorism 'facts' with Russians

Garland, the federal judge nominated to the Supreme Court a year ago by President Barack Obama, was denied a Senate hearing by McConnell. McFaul, who served under President Barack Obama as Russian ambassador from 2012 to 2014, said that Russia is not an ally of the U.S. [Full Article...]

Buffett faults Wells Fargo laxity in sales scandal

Buffett faults Wells Fargo laxity in sales scandal Speaking to almost 30,000 of his Berkshire Hathaway shareholders Saturday, the second richest person in the world didn't mince words about Republicans' second attempt at repealing and replacing Obamacare. The executives who run Berkshire subsidiaries look forward to the meeting just as the shareholders do. Warren Buffett likened unemployed workers to animals that are helpless to avoid auto c... [Full Article...]

Six lynched over child abduction rumours

Six lynched over child abduction rumours The incident took place on Thursday and the the victims were beaten to death over suspicion that they were child lifters. Upon intervention in many occasions, they have also faced the anger of the villagers as many policemen have sustained injuries and their vehicles have also been set on fire. [Full Article...]

Basquiat Painting Sells For Record $110.5 Million At Sotheby's Auction

He later posted on Instagram that the painting made him feel " so much excitement and gratitude for my love of art", a feeling he wished to share with "as many people as possible". The victor was able to fend off two other suitors during the auction that lasted about 10 minutes. True to his word, the 41 year old intends to loan his latest artwork to museums around the world, before eventual... [Full Article...]

China, Asean agree on draft framework for sea code of conduct

Contesting his critics, Philippine President Rodrigo Duterte said that though the Hague tribunal strengthened his country's claim on the South China Sea, Chinese President Xi Jinping warned him that if the Philippines intervenes in the issue, "we will go to war". [Full Article...]

Kulbhushan Jadav: Pak Army to jointly fight case with govt at ICJ

The UN's highest judicial body, which had earlier provisionally stayed Jadhav's sentence on May 9, also instructed Pakistan to inform it "of all the measures taken in implementation of the present order". The cleric said that the Indian citizen has been sentenced to death in a frivolous case. The order by International Court of Justice to stay the execution of Kulbhushan Jadhav in Pakistan... [Full Article...]


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