Finance

USA stocks close lower on sell-off

USA stocks close lower on sell-off The 30-stock index was also on track for its biggest two-day points drop since September 2016. Personal Spending rose 0.4%, but this was slightly below the 0.5% estimate. Fears of higher inflation are sparking the sharp rise in bond rates this year. The contract plunged $1.06 on Tuesday to $64.50. Besides rising yields, telecom stocks were also hit by reports that the USA government was planning... [Full Article...]

US Inc. urges Jaitley to reduce tax uncertainty for MNCs

US Inc. urges Jaitley to reduce tax uncertainty for MNCs In the previous budget i.e. Union Budget 2017-18, the government had reduced the tax rate for individuals having income between Rs2.5-5 lakh to 5% from 10%. There is speculation that Jaitley may raise the deduction limit on investments in specific mutual funds, national savings certificates and public provident fund (PPF) among others made under the popular "Section 80 (C)" scheme of the Inc... [Full Article...]

BBC pay review finds 'no evidence of gender bias' in presenters' salaries

BBC pay review finds 'no evidence of gender bias' in presenters' salaries But the 's approach to setting pay in general "has been far from perfect", auditors PwC found. "It is a large group of women at the BBC who feel the BBC does not have an effective policy on equal pay... healthcare industry by teaming up with Berkshire Hathaway and JP Morgan Chase, and the Daily Express says a Whitehall leak claiming Britain will be worse off outside the European Union was sl... [Full Article...]

Amazon takes lead to create revolutionary 'not-for-profit' healthcare company in US

Amazon takes lead to create revolutionary 'not-for-profit' healthcare company in US Berkshire Hathaway and JPMorgan Chase & Co. announced Tuesday a joint venture to find "technology solutions" to drive down health care costs. Still, with three of the country's most preeminent businessmen lending their support to the effort, those in the healthcare sector should take heed. [Full Article...]

German automakers backed experiments exposing humans to diesel exhaust

German automakers backed experiments exposing humans to diesel exhaust Volkswagen , BMW and Daimler commissioned research in 2014 that saw caged monkeys subjected to diesel exhaust fumes, new research has revealed. "These tests on monkeys and humans can not be justified ethically in any way", a spokesman for Chancellor Angela Merkel said. "Animal testing contradicts our own ethical standards", Volkswagen , a company already facing backlash for cheating... [Full Article...]

Market moves cautiously ahead of Budget

Market moves cautiously ahead of Budget Meanwhile, United States (US) stocks fell for the second consecutive day, with the Dow registering a 1.37-percent dip, the lowest since September 2016. PVR stock gained 1% after the company's net profit stood at Rs28.4cr vs Rs21.8cr, up by 30%. Tech Mahindra (+2.8%), Hindalco (+1.9%), Kotak Mahindra Bank (+1.4%), Reliance Ind (+1%) and HCL Technologies (+0.9%) and were the top gainers on Nifty... [Full Article...]

Xerox reaches deal ceding control to partner Fujifilm

Xerox reaches deal ceding control to partner Fujifilm Fujifilm will own 50.1% of the combined company and provide important operational support and transformational leadership. Plans were for the arrangement to be finished around July-August, they included. Languid execution at Xerox had incited financial specialists to approach the United States organization, which had possessed 25 percent of the joint wander, to investigate vital alternatives. [Full Article...]

Top Russian spies met with Pompeo when they traveled to US

Top Russian spies met with Pompeo when they traveled to US Meetings between US and Russian spy chiefs aren't unheard of and Pompeo himself met with some Russian intelligence officials when he visited Moscow last May. Jonathan Schanzer, a sanctions expert at the Foundation for the Defense of Democracies, said that typically, people who have been sanctioned have their assets frozen and are barred from entering the United States. [Full Article...]

Short-Term Bond ETF Vanguard (BSV)

Short-Term Bond ETF Vanguard (BSV) With many stocks frequently hitting new milestone highs, investors may be scrambling to make sure that they aren't missing out on possible returns. Professional investors may have their game plans honed and ready to roll, but amateurs may be fighting to stay above water in the markets. [Full Article...]

Emotional Support Peacock Dexter Turned Away From United Airlines Flight

Emotional Support Peacock Dexter Turned Away From United Airlines Flight A representative from Newark Airport deferred comment to United. The flight was set to depart from Newark airport in New Jersey but the airline explained to the passenger that her bird did not meet the flight guidelines due to its weight and size. [Full Article...]

Harley-Davidson to close Kansas City assembly plant, report says

Harley-Davidson to close Kansas City assembly plant, report says Revenue from motorcycles and related products rose to $1.05 billion from $933 million. During Tuesday's earnings call, the company also announced the development of an electric motorcycle called Project LiveWire . The move will result in 800 layoffs at the Kansas City facility, beginning midyear, and it will close by the third quarter of 2019. Harley-Davidson sales has been less than enthusia... [Full Article...]

Food stamps for dogs and cats? Support grows in online petition

Food stamps for dogs and cats? Support grows in online petition The online petition on the Care2 website argues that if a family's financial situation takes a turn for the worse, and they can no longer afford dog food, they shouldn't have to give up their pets. The author, Edward Johnston Jr., said he plans to present the petition to the Food and Nutrition Service department of the U.S. Department of Agriculture. [Full Article...]

QUALCOMM (QCOM) Given New $80.00 Price Target at Royal Bank of Canada

The hedge fund run by Greg Poole held 179,736 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $13.09M, up from 64,491 at the end of the previous reported quarter. The firm has "Outperform" rating by Credit Suisse given on Wednesday, June 8. On Wednesday, August 19 the stock rating was upgraded by Vetr to "Buy". [Full Article...]

Barclays Reiterates "Overweight" Rating for Manx Telecom (MANX)

Long Pond Capital Lp holds 10.01% of its portfolio in SL Green Realty Corp. for 2.74 million shares. Mrj Capital Inc owns 259,800 shares or 2.04% of their United States portfolio. Royal Caribbean Cruises Ltd. (NYSE:RCL) has risen 38.22% since January 30, 2017 and is uptrending. It has underperformed by 40.73% the S&P500. Numis Securities reiterated a "hold" rating and issued a GBX 1,600 ($22.47)... [Full Article...]

Waymo ramps up self-driving fleet with 'thousands' of cars

Waymo ramps up self-driving fleet with 'thousands' of cars He added that their partnership with the company is strengthening and growing that indicates the latest sign of their commitment to this technology. Waymo has been testing its ride-sharing program in Phoenix but plans to launch in other markets as it goes fully driverless. [Full Article...]

Elon Musk's Boring Company sold US$3.5 million worth of flamethrowers

Elon Musk's Boring Company sold US$3.5 million worth of flamethrowers The firm is focused on low-priced tunnel construction. This is for pre-order. Musk tweeted. The company sold 1000 units in the first three hours of it's launch between the night of 27 Jan and early hours of 28 Jan. "Our design is maxed fun for least danger. Where would I even get a factory big enough to make so many!?" The company started off as a joke on twitter . [Full Article...]

U.S. stocks close lower on sell-off

U.S. stocks close lower on sell-off Health insurer UnitedHealth fell 4.3 percent, the most among Dow components, while Cigna's 6.4 percent drop was the biggest on the S&P 500. Energy stocks fell amid a 1.6% drop in US oil futures, which settled at $64.50 a barrel. Neither the Dow nor the S&P 500 have recorded back-to-back losses in January. Pfizer was down 3.4 percent despite its better-than-expected earnings and upbeat 2018 guida... [Full Article...]

Wynn Resorts Ltd. (NASDAQ:WYNN)

Wynn Resorts Ltd. (NASDAQ:WYNN) Several other equities research analysts have also weighed in on WYNN . In the meantime, Wynn Resorts stock prices have dropped significantly since the allegations came to light. volume with the stock showing ABOVE Abnormal volume in the past 150 days. A simple moving average (SMA) is an mathematical moving average calculated by adding the closing price of the security for a number of time ... [Full Article...]

Twenty-First Century Fox, Inc. (FOXA) stock forward in overbought space?

Its share price has risen 50.69% in three months and is up 5.68% for the last five trades. National Pension Service boosted its position in Twenty-First Century Fox Inc (NASDAQ:FOX) by 15.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. [Full Article...]

Political parties in Nagaland decide not to file nominations

Political parties in Nagaland decide not to file nominations In this regard, the union maintained that the announcement of the State Assembly election is opposed to the trust and efforts built over the round of talk in 20 years time. "When Naga people as a whole have made the collective decision to forgo election, we caution vested interest and unscrupulous persons not to sabotage the historical processes of negotiations by filing nominations and indulging ... [Full Article...]


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