Economy

World Pledges To Save 'Mother Earth' Despite Trump's Snub To Climate Pact

Montreal mayor Denis Coderre was also among those denouncing Trump's action, and Montreal City Hall, like many other local capitals, was lit in green Thursday night to show solidarity with the climate change agreement. "Hopefully people can keep it in perspective", he said , calling Trump's move "a policy decision". In 2006, the town of Chapel Hill and UNC-Chapel Hill became the first town-go... [Full Article...]

Private Survey: Companies added 253000 jobs in May

Private Survey: Companies added 253000 jobs in May Companies in that sector increased their payrolls by 37,000 in May after shedding 7,000 net positions the previous month. Large businesses added 57,000 jobs. Still, the ADP report added to data this week showing an acceleration in consumer spending in April. The Atlanta Fed is forecasting gross domestic product increasing at a 4.0 per cent pace in the second quarter. [Full Article...]

Malaysian Airlines plane turns back after passenger tries to enter cockpit

The company said flight MH128 flying from the Australian city to Kuala Lumpur was forced to turn back because of a "disruptive passenger". "Following the incident on MH128, the disruptive passenger has been apprehended by airport security". [Full Article...]

Ontario to raise minimum wage and update labour laws, premier says

Ontario to raise minimum wage and update labour laws, premier says Premier Kathleen Wynne made the announcement at a campaign-style media event Tuesday, surrounded by supporters in construction and health-care unions, and activists who had called for the minimum wage increase. Despite that, Ontario's private sector is still doing its part to support workers, the business coalition said. -After five years with the same employer, the minimum vacation entitle... [Full Article...]

BHP name change not intended as riposte to Elliott Group

BHP name change not intended as riposte to Elliott Group The funds manager has called for an open and independent review of BHP's petroleum business. Mackenzie said: "Our path is deliberate, with value and returns at the centre of everything we do". Instead, it has doubled down on its more plausible call to offload oil, which sits awkwardly amongst BHP's core iron ore, coal and copper mining activities. [Full Article...]

Greg Gianforte wins special election in Montana

The Guardian's Ben Jacobs , according to other journalists who were present, was asking questions to Gianforte when the candidate allegedly grabbed the journalist by the neck and slammed him to the ground. Shaun Scott, a computer science professor at Carroll College in Helena, voted for Gianforte despite the assault charge because he felt Gianforte would do a better job helping create h... [Full Article...]

Tri-Nation Series: Bangladesh stun New Zealand to register first away win

Tri-Nation Series: Bangladesh stun New Zealand to register first away win Bangladesh are heading into the match high on confidence after decimating Ireland in their penultimate tie of the series by eight wickets. Mustafizur Rahman (1-46) provided the breakthrough for Bangladesh with the wicket of Luke Ronchi (2) in the fourth over but Latham and Neil Broom (63) ensured New Zealand ended the first powerplay at 60 for one. [Full Article...]

Windows of new Tejas Express damaged by miscreants

Windows of new Tejas Express damaged by miscreants The first run will begin soon after the inauguration and is expected to build traction by June. Railways plan to introduce similar trains on Delhi-Chandigarh and Delhi-Lucknow routes soon. A screen for every passenger, cuisine curated by celebrity chefs, WiFi, sensor taps and a bright, yellow look. There is an increase of more than 20 per cent in the base fare for Tejas as against the Shatabdi... [Full Article...]

Ford set to fire CEO Mark Fields as shares founder

The report has no information regarding Mark Field's next career move. As recently as last week, Fields, 56, had been trying to strengthen Ford's bottom line by cutting 1,400 salaried jobs. In this role, Hinrichs will oversee Ford's global Product Development; Manufacturing and Labor Affairs; Quality; Purchasing; and Sustainability, Environmental and Safety Engineering; Hinrichs has been ser... [Full Article...]

Mercedes-Benz, Vivint to power solar homes

Mercedes-Benz, Vivint to power solar homes Vivint Solar , based here, is collaborating with Mercedes-Benz to take on Tesla and other providers in the residential solar energy and storage market. Vivint Solar , a Utah-based installation company with customers in 16 states, offers custom services for homeowners, including solar panel installation, smart home systems and storage. [Full Article...]

S&P 500, Nasdaq notch record closes as oil jumps

S&P 500, Nasdaq notch record closes as oil jumps The S&P 500 .SPX was down 0.77 points, or 0.03 percent, at 2,401.55, easing from an all-time high of 2,405.77. The tech-heavy index has outperformed both the S&P 500 and the Dow Jones Industrial Average in 2017 as investors have piled into the shares of companies thought to benefit from US economic growth. [Full Article...]

Bank of England ups inflation forecast and lowers growth

Growth slowed sharply to 0.3 per cent in the first three months of the year from 0.7 per cent in the previous three months. Despite BOE governor Mark Carney warning only last February of the "twists and turns" heading into Brexit - nearly immediately proved true in mid-April when PM Theresa May called for general elections to be held on the 8th of June this year - the BOE remains optimistic over... [Full Article...]

BHP Billiton gives promising update on Jansen mine

The statement from Elliott comes after BHP dismissed the hedge fund's "shareholder value unlock plan". Media stories about BHP Billiton Limited (NYSE: BHP ) have been trending somewhat positive this week, AlphaOne Sentiment reports. "Under Elliott's revised proposal, BHP would stay incorporated in Australia, Australian headquartered and Australian tax resident, retaining full ASX and LSE listi... [Full Article...]

Disappointed With UBS Loss, Singapore's GIC Fund Slashes Stake

Disappointed With UBS Loss, Singapore's GIC Fund Slashes Stake UBS Group AG will not receive any proceeds from the Transaction. But GIC continued to nurse deep losses on the UBS investment, a situation made worse by several scandals that the Swiss bank was caught up in. The sovereign wealth fund became UBS' largest shareholder during the financial crisis as it stepped in with a series of rescue cash injections in 2007 and 2008, with the stake peaking at 7... [Full Article...]

Snapchat's growth stalls in Facebook's shadow in 1Q report

Snapchat's growth stalls in Facebook's shadow in 1Q report Snapchat posted daily active users of 166 million in the most recently ended quarter, which represented a 36% increase from the same period one year earlier. Analysts say Snap will have to keep doing what it did today on the eve of is conference: introducing new features that make the platform attractive to its user base, so it continues to grow. [Full Article...]

Markets Right Now: Stocks open lower on Wall Street

Markets Right Now: Stocks open lower on Wall Street US stocks fell, with the S&P 500 Index posting its first back-to-back decline in one month, as April consumer prices and retail sales reports reinforced expectations for tepid economic growth while Nordstrom Inc. Stock movers: After the Macy's Inc.(M) revenue slide dragged the retail sector south Thursday, J.C. Penney Co.'s (JCP) earnings report ahead of the open should be closely watched fo... [Full Article...]

Judge Approves Final Volkswagen Consumer Settlement

Judge Approves Final Volkswagen Consumer Settlement The emission-cheating scheme has cost Volkswagen more than $20 billion in fines and settlements, in addition to goodwill among some US drivers. Last month, former deputy USA attorney general Larry Thompson was tapped to serve as independent monitor of Volkswagen for three years under a Justice Department plea agreement over its excess emissions. [Full Article...]

Pennsylvania AG charges Amtrak engineer in fatal crash

The federal organization focused on a radio conversation between Bostian, a dispatcher and a SEPTA Regional Rail engineer who claimed rocks were being thrown at his auto around Frankford Junction, where Bostian's train was traveling. The family of a NY woman who was killed sought the criminal complaint after city prosecutors declined to press charges. The district attorney's office could appea... [Full Article...]

Tribune Media Company (NYSE:TRCO) Shares on the Go mid-Session

Tribune Media Company (NYSE:TRCO) Shares on the Go mid-Session The 52 week high Tribune Media Company's shares have peaked at is 43.04 whilst the 52 week low for the company's shares is 27.75. Revenue during the same period is expected to grow from $1.95 Billion to $2.26 Billion in 2020 and profit is predicted to shoot up from $14 Million to $219 Million in 2020, roughly growing 15.4x. [Full Article...]

Sensex, Nifty hit lifetime highs on normal monsoon forecast

On similar lines, the 50-share NSE Nifty gained 15.10 points, or 0.16%, to 9,422.40 after scaling a fresh intra-day high of 9,450.65. The 30-share index, which opened at 30,309.71, against previous close of 30,248.17 hit an intraday high and low of 30,366.43 and 30,207.11, respectively. [Full Article...]


« Previous 1 2 3 4