Economy

U.S. job growth slowed sharply in March

U.S. job growth slowed sharply in March Still, through the first three months of the year, employers have added an average of 202,000 workers to payrolls, outpacing 2017's average monthly growth of 182,000. Leisure and hospitality employers added only 5,000 jobs last month, the least since September. Business services gained 33,000. It's not unusual for job growth to slow after a surge the month before. [Full Article...]

Boeing lands $12 billion deal from American Airlines

Boeing lands $12 billion deal from American Airlines Once all orders are delivered, American will operate 89 787s. The deal is another blow for Airbus, coming just weeks after Hawaiian Airlines dropped an order for six Airbus A330-800neo jets in favour of the 787. As part of the agreement, American said it will defer 40 Boeing 737 MAX aircraft that were to arrive between 2020 and 2022, to "better align with planned retirements of other narrowbody ... [Full Article...]

The government's rules for reporting gender pay gaps are toothless. Here's why

The government's rules for reporting gender pay gaps are toothless. Here's why If all men and women working at a firm are put in two separate lines in order of salary, the median pay gap would be the difference in salary between the woman in the middle of her line and the man in the middle of his. Women make up the vast majority of cabin crew staff though - 405 to 181 men. 'Years out of the workforce raising children permanently reduces women's earnings.' But the par... [Full Article...]

Data breach hits Sears and Delta

Data breach hits Sears and Delta Delta Air Lines has $85.0 highest and $41 lowest target. Many investors will use financial ratios to help determine which shares to purchase. The stock increased 0.65% or $0.35 during the last trading session, reaching $54.21. On the other side it is not a negative indicator for Investor portfolio value when the price of a stock Investor owns moves down in value. Kornitzer Management Ks owns 0.... [Full Article...]

Live Nation's gender pay gap is 46% in the UK

Live Nation's gender pay gap is 46% in the UK Cricket and tennis are the sports with the largest disparities between men's and women's pay, figures released by the Government have revealed. Companies who do not provide their figures could face legal action including court orders and fines. [Full Article...]

Spotify preparing to launch listing on the United States market share

Spotify preparing to launch listing on the United States market share The share price closed at $149.01, still above the reference price . " Spotify's strong market debut shows that investors regard it as a healthy and promising business, and it's easy to see why", eMarketer analyst Paul Verna told FOX Business. [Full Article...]

Disney bids for Sky News to aid Murdoch's Sky takeover

Disney bids for Sky News to aid Murdoch's Sky takeover Disney views Sky as an important component of its deal to buy Fox assets and key to its plans to expand its worldwide footprint. Fox is meanwhile ramping up its Sky takeover efforts after USA cable giant Comcast offered more than £22 billion for the entire group in February. [Full Article...]

WA's distracted-driving death rates soar to double the five year average

WA's distracted-driving death rates soar to double the five year average A statewide survey of Washington drivers found that 96 percent agree that using a cell phone while driving is risky, 88 percent said they don't check social media while driving and most said they do not read incoming texts. As National Distracted Driving Awareness Month begins, AAA Texas is launching a new, multi-year initiative that aims to reduce deaths and injuries as a result of cell phone use... [Full Article...]

Florida jury acquits widow of Pulse nightclub shooter on all counts

Florida jury acquits widow of Pulse nightclub shooter on all counts According to the New York Times , Salman wiped tears from her eyes as the verdict was read . Her cousin and two uncles sobbed and hugged each other as the verdict was read , the Associated Press reports. They showed that she had trouble holding down a job at Kmart and obtaining a driver's license. "She knew what he was doing". "I'm in shock. I think that she knew that he was up to something... [Full Article...]

Barclays agrees $2bn fine in United States for mortgage misselling

Barclays agrees $2bn fine in United States for mortgage misselling The department's complaint involved 36 residential mortgage-backed security deals, which made $31bn of subprime and Alt-A loans tradable on the market. "I am pleased that we have been able to reach a fair and proportionate settlement with the Department of Justice", Barclays CEO Jes Staley said in a statement issued by the bank. [Full Article...]

Foreign Minister Bishop 'not considering' Australia World Cup boycott

Foreign Minister Bishop 'not considering' Australia World Cup boycott UK Prime Minister Theresa May announced no British diplomat or royal family member would be attending the World Cup this summer, including English FA president Prince William, in retaliation for alleged Russian involvement in the poisoning of former double agent Sergei Skripal in Salisbury, UK. [Full Article...]

California sues Trump administration over census question

California sues Trump administration over census question Commerce Secretary Wilbur Ross on Monday night announced the decision to include the citizenship question over the objections of Democrats and civil rights groups in a post on the Commerce Department website . The US Department of Commerce, which oversees the Census Bureau, said late on Monday it would bring back the citizenship question, in defiance of warnings that doing so would deter mill... [Full Article...]

China started trading its own crude oil futures

China started trading its own crude oil futures Crude oil has recovered near January highs after President Trump last week appointed John Bolton as his national security advisor, signaling the US may pursue a more hard-line approach against Iran and disrupt outflows from the OPEC member. [Full Article...]

One Of America's Oldest Gun Brands Filed For Bankruptcy

One Of America's Oldest Gun Brands Filed For Bankruptcy The timing seems like a flawless reaction to the recent backlash for the school shooting at Stoneman Douglas High School, but the cause is more likely Donald Trump . In 2015, another gunmaker, Colt Holdings Co., filed for Chapter 11 bankruptcy protection . The company's private equity owner, Cerberus Capital Management , announced soon after the tragedy it would sell Remington. [Full Article...]

Broken pinkie to sideline Giants' Madison Bumgarner 6-8 weeks

Broken pinkie to sideline Giants' Madison Bumgarner 6-8 weeks With AP Photos. San Francisco Giants left-hander Madison Bumgarner broke a bone in his pitching hand when hit by a line drive off the bat of Kansas City's Whit Merrifield during a spring training game. The regular season hasn't even started and the San Francisco Giants are right baCK TO where they were previous year at this time. San Francisco Giants starter Jeff Samardzija reportedly has... [Full Article...]

China targets USA pork as trade war fears escalate

China targets USA pork as trade war fears escalate Moody's said the direct impact of these trade measures on the American and Chinese economies will be limited; but warned that if they escalate, the global economy would be threatened. The $50 billion tariff package does just that, and perhaps more importantly for the long-term is that it shifts US-China relations to more openly antagonistic ground. [Full Article...]

WhatsApp co-founder Brian Acton says it's time to delete Facebook

WhatsApp co-founder Brian Acton says it's time to delete Facebook Acton isn't the first person that expressed unease after cutting ties with Facebook . "Given your commitment at the start of the New Year to "fixing" Facebook , I hope that this representative will be you", Collins wrote to Zuckerberg according to the news report . [Full Article...]

Dozens of toy suppliers object to Toys 'R' Us…

Dozens of toy suppliers object to Toys 'R' Us… The company acquired Whole Foods last summer, giving it locations from which to make food deliveries. Toys "R" Us, which filed for bankruptcy previous year, announced last week that it expects to close all of its 735 stores in the US. [Full Article...]

Volkswagen to make new SUV at Chattanooga, Tennessee plant

Volkswagen to make new SUV at Chattanooga, Tennessee plant A five-passenger version of the Volkswagen Atlas will join its seven-passenger sibling on the Chattanooga, Tennessee production line, the company announced Monday. It's not uncommon for automakers to make slightly smaller versions of existing SUVs in hopes of capitalizing on Americans' thirst for larger vehicles. [Full Article...]

Tech giant expands southeast Asia investment

Tech giant expands southeast Asia investment Bittner, who has been CEO since 2012, will take on a senior advisory role at Alibaba. Alibaba gained control of the Singapore-based company way back in 2016 with an initial investment of $1 billion. Lazada will now be further integrated into the Alibaba ecosystem. "With a young population, high mobile penetration and just 3 per cent of the region's retail sales now conducted online, we feel very... [Full Article...]


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