Markets


Sears closes another 20 stores Sears closes another 20 stores
- June 24, 2017

A liquidation sale will begin June 30, while the auto center will be converted to a DieHard Auto Center. The latest store closings include 18 Sears stores and two Kmart locations. On Friday, Sears Holdings announced 20 locations on top of the recently announced closings, bringing to a grand total of 260 for this year, as the business struggles to deal with years of retail sales decline. (more...)
Big banks make it through stress tests, investors await cash release Big banks make it through stress tests, investors await cash release
- June 23, 2017

The 34 largest banks in the USA have money on hand to withstand a severe recession, the U.S. central bank said on Thursday. "This would allow them to lend throughout the economic cycle and support households and businesses when times are tough", he said. (more...)
London vehicle hits pedestrians, police say 'number of casualties' London vehicle hits pedestrians, police say 'number of casualties'
- June 21, 2017

A passing police van was flagged down and officers were told the suspect was restrained but "if you don't take him, God forbid, he might be seriously hurt", the imam said. This time the attacker deliberately targeted Muslims, according to the police. The imam said: "We arrived at the incident within minutes". A driver plowed into a crowd of Muslim worshippers outside a north London mosque e. (more...)
Redskins owner says he's thrilled with ruling Redskins owner says he's thrilled with ruling
- June 20, 2017

The ban violates the First Amendment free speech clause and "contrary to the government's contention, trademarks are private, not government speech", said the court in its decision. But in a unanimous vote, the Supreme Court said that law violates free expression. The larger ramifications from this case are that the U.S. Patent and Trademark Office can not refuse trademarks it views as offensive. (more...)
Amazon buying Whole Foods in bold move into brick and mortar
- June 20, 2017

The company unveiled plans on Friday to buy upmarket United States grocer Whole Foods Market in a massive $13.7 billion (€12.24 billion) deal. Its stock fell as much as 20 percent within the first few minutes of trading before it rebounded and ended the day down 14 percent. (more...)
Oil prices fall on OPEC output increase, rising USA crude stocks
- June 15, 2017

Earlier in the session, the US Energy Information Administration ( EIA ) said the country's crude oil inventories fell by 1.7m barrels in the week through 9 June, well shy of analysts' expectations for a decline in the 2.7m to 3.0m-barrel range. (more...)
Scotland striker Leigh Griffiths 'gutted' after England's last-gasp leveller
- June 11, 2017

And the former Celtic boss was clearly frustrated as he flung a bottle during an X-rated tantrum. "To go 2-1 behind out of the blue like that with two special free-kicks from Griffiths, it was unbelievable character to come back a get a point". (more...)
Scottish Tory Leader: 'LGBTI Rights More Important than Conservative Party' Scottish Tory Leader: 'LGBTI Rights More Important than Conservative Party'
- June 10, 2017

Ruth Davidson has been told by the prime minister that any Conservative deal with the Democratic Unionist Party (DUP) will not affect LGBTI rights. Britain's Conservatives need to talk to other political parties and find a way to deliver an "open" Brexit, Ruth Davidson, leader of the Scottish Conservatives, said after the party failed to win a majority in a national election. (more...)
Shuster Statement on President's Announcement on FAA and Air Traffic Control Reform
- June 08, 2017

Their union, the National Air Traffic Controllers Association , endorsed Shuster's bill after winning assurances that controller wages, benefits and collective bargaining rights would be protected. The Federal Aviation Administration spends close to $10 billion per year on air-traffic control, Reuters reported. In fact, airlines -caused issues from broken planes, late crews, and other glitches accounted for most delays, more than weather and air traffic control combined. (more...)
Oil Prices Rise As EIA Confirms Strong Draw To Crude Inventories
- June 06, 2017

U.S. shale production requires a higher price to be profitable.The agreement proved to be partially successful, as it managed to keep the prices oil prices above $50 per barrel, giving a fiscal boost to major producers.More than 400 oil rigs are now working United States shale fields - an increase of more than 120 per cent compared with a year ago. (more...)
MSNBC tops Fox, CNN in weekly primetime ratings for first time MSNBC tops Fox, CNN in weekly primetime ratings for first time
- May 28, 2017

ESPN's coverage of the Golden State/San Antonio NBA series gave it the fourth and fifth best-rated programs of the week, with coverage of the NBA Draft Lottery coming in eighth. If that's the case, then a smoother week might produce a return to previous form, and the normal Fox domination of prime time in both the overall and the key demo. (more...)
China Blasts US 'Blind Use of Unilateral Sanctions' Versus Iran China Blasts US 'Blind Use of Unilateral Sanctions' Versus Iran
- May 26, 2017

Under the terms of the 2015 deal, the previous United States administration of president Barack Obama agreed to waive sanctions on Iran's nuclear program in return for strict controls to prevent its developing a bomb. The new economic sanctions announced Wednesday target Iranian military officials, the State Department said, along with an Iranian entity and a network based in China that are accused of supplying Iran with materials for ballistic missiles. (more...)
Reynolds sworn in as Iowa's 43rd governor Reynolds sworn in as Iowa's 43rd governor
- May 25, 2017

Branstad said. After more than 22 years as Iowa governor, Terry Branstad is set to resign and be sworn in as ambassador to China. To put that into perspective, he signed 62 in May 2017. "Our office and department heads are prepared to implement the legislation that was passed this legislative session". Just before Reynolds stepped in, Branstad stepped out. (more...)
Fiji and Samoa 7s end tough season on winning note Fiji and Samoa 7s end tough season on winning note
- May 22, 2017

Australia did not win a tournament in a 2016-17 season beset by injuries and the loss of players to the 15-man game, including star Cam Clark (NSW Waratahs). "Scott has been an absolute warrior for this team and what an effort he put in today". Canada's Nathan Hirayama made it a two-point game and Moonlight added his second try - and 100th of his Series career - with no time left on the clock. (more...)
AT and T workers strike local retail stores
- May 20, 2017

The strike at the nation's largest wireless carrier includes thousands of workers in Pennsylvania and tens of thousands nationwide and follows a warning the union gave the company on Wednesday. AT&T has proposed to cut sick time and force long-time workers to pay hundreds of dollars more for basic healthcare, according to CWA. Roughly 1,800 Charter Communications field techs and almost 150 Long Island Teamsters are also out on strike. (more...)
How does Pippa Middleton's wedding compare to the average NZ wedding? How does Pippa Middleton's wedding compare to the average NZ wedding?
- May 16, 2017

With just under two weeks left to what has already become the most talked about wedding of the year, Pippa Middleton's wedding dress is possibly the one thing we're all waiting to see. Traditionally, the roles are reserved for unwed women. Last month, when asked about the possibility of designing the gown, he told HELLO! As the future queen, Kate would risk upstaging the bride and so may wish to remain in the background for the big day next week. (more...)
G-7 nations seek ways to make growth help more people
- May 15, 2017

Treasury Secretary Steven Mnuchin that other G7 countries are growing comfortable with U.S. policies. German Finance Minister Wolfgang Schaeuble said Friday he would convey in his meeting with Mnuchin that the world needs US leadership to help drive global growth. (more...)
BHP Billiton emphasises its Australian roots in new corporate rebranding campaign BHP Billiton emphasises its Australian roots in new corporate rebranding campaign
- May 15, 2017

BHP, the world's largest mining company, adopted the "BHP Billiton" name after a merger with South Africa's Billiton in 2001. Broken Hill Proprietary Company founded as a silver and lead mine at Broken Hill in western NSW. The miner has largely shed the Billiton assets since. USA hedge fund Elliott Management Corp. BHP has operations in 25 countries, and will retain its dual listings in Australia and London. (more...)
Retail sales strengthen in April, brightening economic outlook Retail sales strengthen in April, brightening economic outlook
- May 13, 2017

Retailers like electronic stores and building material suppliers had a good month, and even department stores eked out a small gain. Sales at US retailers rose in April, and March sales were stronger than originally estimated, painting a stronger picture of American consumers than previously reported. (more...)
Tesla's Solar Roof Is Finally Ready For You to Buy Tesla's Solar Roof Is Finally Ready For You to Buy
- May 13, 2017

What's innovative about the roofs is they do not look like added-on solar panels , but rather replace and serve as shingles or tiles for a discrete and aesthetically pleasing look that also stands to mark down or eliminate an electric bill. (more...)
Oil Falls as Focus Shifts to All That Output OPEC Can't Control Oil Falls as Focus Shifts to All That Output OPEC Can't Control
- May 13, 2017

In its monthly report OPEC urged sustained cooperation for the greater good, saying that continued rebalancing in the oil market by year-end will require the collective efforts of all oil producers to increase market stability, "not only for the benefit of the individual countries, but also for the general prosperity of the world economy". (more...)
Hertz, Called 'Dangerous' by Analysts, Gets Slaughtered After Brutal Quarter
- May 10, 2017

Gamco Investors INC. ET AL now owns 3,386,104 shares of the transportation company's stock valued at $59,392,000 after buying an additional 1,127,957 shares in the last quarter. Shares of Hertz Global Holdings ( HTZ ) are tumbling today after reporting a much larger-than-expected loss after yesterday's market close. The company had Year Ago Sales of 2.31 Billion. (more...)
Rajnath Singh Meets Chief Ministers, Asks To Firm Up Anti-Maoist Strategy Rajnath Singh Meets Chief Ministers, Asks To Firm Up Anti-Maoist Strategy
- May 09, 2017

Topping the agenda is the issue of re-calibrating strategy to make it more effective and to minimise casualties. "There is need to depute shadow intelligence officers to track prominent targets associated with Left Wing Extremism (LWE)", he said , adding, "We must ensure that states take the ownership of LWE operations and CAPFs actively cooperating with them". (more...)
South Africa's leader told to explain ministerial firings South Africa's leader told to explain ministerial firings
- May 06, 2017

Former finance minister Pravin Gordhan would not return to his job, even if the courts found that President Jacob Zuma had erred by unceremoniously removing him and his deputy Mcebisi Jonas from their positions. Ramaphosa usually publicly backs Zuma and his criticism of Gordhan's sacking was a sign of deepening divisions in the ruling African National Congress that are likely to worsen until the party elects a new leader in December. (more...)
Baba Ramdev: Follow Israel, behead 100 Pakistani soldiers Baba Ramdev: Follow Israel, behead 100 Pakistani soldiers
- May 06, 2017

By the next year, Patanjali would be in the leading position and in most of the product categories, it would be number one", yoga guru Ramdev said. The company is in the process of setting up mega production units at several places, including Noida, Nagpur, and Indore, which would take its production capacity to Rs60,000 crore from the existing Rs35,000 crore. (more...)
Oil Prices Dropped as Oversupply Concerns Return
- May 06, 2017

Mining giant Rio Tinto hit a six-month low, Glencore was set for its worst weekly loss in two months and copper miner Antofagasta since December. There was also a sign of slowing energy demand in China, the world's second largest oil consumer, when a survey showed growth in that country's services sector in April was at its slowest in nearly a year. (more...)
Google agrees to pay $335 million in Italy tax dispute Google agrees to pay $335 million in Italy tax dispute
- May 06, 2017

Italy ends this tax dispute after a similar settlement with Apple in December 2015, where Apple paid 318 million euros (USD 349 million). Sergio Mazzei, a spokesman for the Italian revenue agency, said Google will now begin to pay a tax in Italy on the basis of its domestic revenue. (more...)
ICICI Bank Q4 earnings zoom 3-fold to Rs 20.24 bn ICICI Bank Q4 earnings zoom 3-fold to Rs 20.24 bn
- May 04, 2017

Net interest income increased by 10% on a year-on-year basis to Rs 59.62 billion (USD 919 million) in the quarter ended March 31, 2017 (Q4-2017) from Rs 54.04 billion (USD 833 million) in the quarter ended March 31, 2016 (Q4-2016). However, the asset quality deteriorated further in January-March quarter. "This account was included in the drill-down exposures to key sectors disclosed by the bank and an M&A (merger and acquisition) transaction has been announced in respect of this company", ... (more...)
UFC creates 4th weight class for women, adding 125-pounders UFC creates 4th weight class for women, adding 125-pounders
- May 04, 2017

The invitation would be for women's 125-pound fighters and the season of the show would crown the first-ever UFC women's flyweight champion, the release stated. Sports that the news release had been sent in error and that the weight class has not been finalized. With this new fourth Flyweight division, 125lb fighters will be able to compete at a much healthier and more equitable weight. (more...)
Canadian exports hit record high in March as trade deficit narrows Canadian exports hit record high in March as trade deficit narrows
- May 04, 2017

Imports from countries other than the United States also increased, up 1.2 per cent, on higher purchases of crude oil from Saudi Arabia, and goods from Britain. The biggest increases came from China, India and South Korea. The trade deficit had been expected to widen to $44.5 billion from the $43.6 billion originally reported for the previous month. (more...)

« 1 2 3 4 5 6 7 8 9 10 11 next »