Money

Key Indian equity indices trade higher

Key Indian equity indices trade higher The Sensex of the BSE shed 223.98 points or 0.73 per cent to close at 30,434.79 points. The Sensex resumed higher at 30,539.65 and advanced to 30,712.35. Indian shares rose notably on Friday after the government finalized Goods and Services Tax rates for substantial items, clearing a major hurdle towards July 1 rollout of the country's biggest indirect reform to create one unified market. [Full Article...]

USC selling naming rights for LA Coliseum to United Airlines?

USC selling naming rights for LA Coliseum to United Airlines? The exact naming of the Coliseum, however, is still murky. USC officials had no immediate comment on the report. It is the richest naming-rights deal among college stadiums, surpassing Alaska Airlines' 10-year, $41 million deal with the University of Washington for Husky Stadium naming rights. [Full Article...]

Mortgage Rate Summary for US Bankcorp, Chase Bank May 18, 2017

Mortgage Rate Summary for US Bankcorp, Chase Bank May 18, 2017 The rate stood at 3.58 percent a year ago and averaged 3.65 percent in 2016, the lowest level in records dating to 1971. Also at that time, the 30-year fixed mortgage rate was down 9 basis points to 3.746%, the lowest rate in weeks, according to Zillow Mortgages . [Full Article...]

Here's the only way Democrats can impeach Trump

Here's the only way Democrats can impeach Trump Rep. Carlos Curbelo (R-Fla.) joined Amash in edging toward impeachment, telling the Independent Journal Review that the Times report, if accurate, would be "deeply, deeply troubling and disconcerting, and it would open a new chapter of scandal " for the Trump administration. [Full Article...]

Reporters Committee: Trump Has Crossed Dangerous Line

Reporters Committee: Trump Has Crossed Dangerous Line Even before the latest report about President Trump exploded across Washington on Tuesday, congressional Republicans were troubled. Fellow Republican Peter King of NY was more leery because of the broad authority special prosecutors have. [Full Article...]

Conservative drops out of Iran election to back hard-liner

That is not to say, however, that all of Qalibaf's supporters will automatically vote for Raisi. As many as 16.2 percent of the respondents said they had not yet decided whether to vote or not. "We will use Qalibaf's experiences and his managerial capabilities in the next government", Tasnim news agency quoted Raisi as saying on Monday. Under Iran's system, the powers of the elected president ... [Full Article...]

Dutch King Secretly Flew for Airline

Dutch King Secretly Flew for Airline Willem-Alexander would ferry passengers on short-haul flights for KLM Royal Dutch Airlines, according to the Dutch government. De Telegraaf reported that he does it twice a month and as a guest flier, the king is always the co-pilot. [Full Article...]

Raids on Chidambaram vindictive politics to shut up Opposition: MP Congress

Raids on Chidambaram vindictive politics to shut up Opposition: MP Congress Karti Chidambaram, who is under CBI investigation for an alleged bribery and corruption case, left for London on what his father described as a scheduled trip. "Those responsible will be accountable", said Jaitley. He was asked about the opposition charge against the government of using CBI and I-T department to go after Opposition leaders. [Full Article...]

Ford to Cut 1400 Salaried Jobs in North America, Asia

Ford is pouring billions into developing driverless cars, while sales of its conventional models are struggling to keep pace with rivals including General Motors Co. Reuters reported the cuts would eliminate 10% of Ford's salaried staff in North America and Asia. Ford has been under pressure in recent days from both its investors and its board of directors to improve its financial performance a... [Full Article...]

Canada warns it may cancel US jet buy over Bombardier probe

Canada warns it may cancel US jet buy over Bombardier probe Department of Commerce anti-dumping investigations against Canadian plane maker Bombardier. Bombardier representatives counter that its planes never competed with Boeing in a sale to Delta airlines which the American firm has complained about. [Full Article...]

Chinese fighter jets intercept U.S. nuclear aircraft over East China Sea

The U.S. aircraft, a WC-135 Constant Phoenix, is commonly referred to a "sniffer" because it detects signs of nuclear activity in the atmosphere by "sniffing". Navy RC-135 reconnaissance aircraft. China is deeply suspicious of any USA military activity in the resource-rich South China Sea . Donald Trump's administration has been ratcheting up pressure on nuclear-armed North Korea to give up... [Full Article...]

Applications for US jobless aid fell to 3-month low of 232K

Applications for US jobless aid fell to 3-month low of 232K US Initial jobless claims declined to 232,000 in the week ending May 13th from 236,000 previously while consensus forecasts were for a small increase to around 240,000 for the week. Estimates of jobless claims can be volatile from week to week, but generally have hovered near four-decade lows in recent months, suggesting that employers are holding on to workers. [Full Article...]

Salesforce.com, inc. Posted losses of -2.13% in the Last Trade

Salesforce.com, inc. Posted losses of -2.13% in the Last Trade On Thursday, December 8 the insider Benioff Marc sold $897,401. Finally, Grassi Investment Management raised its stake in shares of salesforce .com, inc.by 18.5% in the first quarter. But 451 Research's Kingstone said there's no urgency for Salesforce .com to diversify out of sales and marketing. This was up from $167.53 million, or $0.24 per share, in last year's first quarter. [Full Article...]

White House Postpones Meeting to Decide on Participation in Paris Climate Pact

White House Postpones Meeting to Decide on Participation in Paris Climate Pact UN climate negotiators in Bonn were left frustrated Tuesday as the White House postponed a meeting to determine whether the United States will stay in the 196-nation Paris Agreement to curb planet-harming fossil fuel. It does not mention an option of reducing ambition and some USA legal experts argue that the wording makes it impossible for Trump to stay in the agreement and carry out his pr... [Full Article...]

Auto slams into Times Square pedestrians, killing one, injuring others

Times Square averaged about 360,000 daily visitors in April, according to a tally by the Times Square Alliance, making it one of the most visited locations in the world. Friend Harrison Ramos told reporters that Rojas hadn't been the same since he returned from active duty in the Navy. A recent incident with a speeding vehicle in Antwerp, Belgium which was at first suspected to be a terrorist ... [Full Article...]

Major League Baseball signs deal to let Facebook livestream 1 game per week

Major League Baseball signs deal to let Facebook livestream 1 game per week The deal encompasses 20 games this season, but more games are. The broadcasts will occur every Friday for the remainder of the season, beginning May 19 with a matchup between the Colorado Rockies and the Cincinnati Reds. This marks MLB's latest live-streaming effort with Facebook. Live sports are emerging as a primary video content target for digital platforms like Amazon, Twitter and Facebook t... [Full Article...]

Mnuchin: Cut Taxes, Regulations to Boost Growth to 3 Percent

Mnuchin: Cut Taxes, Regulations to Boost Growth to 3 Percent Ryan was bolstered by skittish business leaders who began an aggressive lobbying effort to ensure that their vision for a tax overhaul isn't lost in the daily distractions of President Donald Trump's administration. "That means there are aspects of it that we think may make sense, but we never said before that we supported a full separation of banks and investment banks". [Full Article...]

Australian conservative government to raise taxes on five biggest banks

The extra Medicare levy revenue will be directed into a new fund, which will be used to fund the National Disability Insurance Scheme (NDIS). Pensioners hit by an assets test change introduced earlier this year will get their concession cards back. [Full Article...]

Walmart Online Sales Are up by a Staggering 63 Percent Last Quarter

Lingohr & Partner Asset Management GmbH boosted its position in shares of Wal-Mart Stores by 4.5% in the third quarter. " Target Restock is a great start for Target to regain customers lost to Amazon , but Target may look to expand its efforts within Restock to the category of apparel" because of how important clothing is to Target's focus on style, said Matt Sargent, senior vice-preside... [Full Article...]

GM India to stop vehicle sales in the country in 2017

GM India to stop vehicle sales in the country in 2017 The latest move comes after the Detroit-based vehicle makers envisaged a series of restructuring initiatives. The plan will reportedly save GM $100 million a year after an $800 million loss throughout GM's entire global business last year. [Full Article...]


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