At least 26 hurt after China Eastern Airlines flight hits turbulence

One witness told the Xinhua news agency : "We felt strong turbulence twice and minor turbulence three times". In a posting on its official Weibo account, China Eastern Airlines said that it had arranged relevant medical services for the flight... More..

by | Published more than a month ago
by | Monday, June 19, 2017

Japan Trade Data On Tap For Monday

The rise in exports was the biggest since January 2015 and the sixth consecutive month of increases, Japan's Ministry of Finance said. Japan's trade surplus swung into deficit in May, as imports rose faster t...More..

by | Monday, June 19, 2017

Can Amazon persuade enough people to buy fresh food online?

Whole Foods Market ended trading Friday up $9.62, or 29.1 percent, to $42.98. And while the deal sent a number of food-related retailers lower, I see Costco Wholesale Corporation (NASDAQ: COST ) as the bigge...More..

Intermediate Treasuries Sell Off on Fed's Plan to Shrink Balance Sheet
by | Monday, June 19, 2017

Intermediate Treasuries Sell Off on Fed's Plan to Shrink Balance Sheet

The average 30-year fixed mortgage has a rate of 4.02 percent, the lowest since November 16, 2016, and an average of 0.24 discount and origination points. ENERGY: Oil futures had plunged overnight after the US...More..

by | Monday, June 19, 2017

Trump is sued by Maryland and DC

According to Karl A. Racine , the D.C. Attorney General and Brain Frosh, the Maryland Attorney General, Trump's violations have gone too far. Frosh said the president has discussed some of his business...More..

No Brexit deal would be a 'very, very bad outcome,' Chancellor warns
by | Monday, June 19, 2017

No Brexit deal would be a 'very, very bad outcome,' Chancellor warns

The chancellor said he would reject any deal "designed to destroy us". A statement issued by Davis' department Sunday in London said "Despite European leaders' attempts to leave open the possibility of ...More..

by | Monday, June 19, 2017

BP plc (BP) Insider Purchases £318.24 in Stock

Bancorp Of The West, California-based fund reported 55,978 shares. Since March 8, 2017, it had 0 insider buys, and 6 insider sales for $2.28 million activity. Guggenheim Capital Ltd Liability invested in 0% o...More..

Lackey deals, Rizzo leads offense as Cubs beat Pirates 7-1
by | Monday, June 19, 2017

Lackey deals, Rizzo leads offense as Cubs beat Pirates 7-1

Rizzo's first-pitch double to lead things off on Sunday makes him 4-for-5 as the leadoff man, including his two home runs last week. The defending World Series Champion Chicago Cubs have been searching fo...More..

Trump wants privatization of air traffic control
by | Monday, June 19, 2017

Trump wants privatization of air traffic control

President Trump is proposing to take the job of air traffic control away from the FAA and hand it over to a private business. " A modern air traffic control system will make life better for all Americans ", T...More..

by | Monday, June 19, 2017

Oil prices fall on OPEC output increase, rising USA crude stocks

Global prices of crude oil has fallen to their lowest numbers in more than a month. Kazakhstan, which agreed to cut supplies previous year as part of the non-OPEC bloc, said it would reduce production in Jun...More..

Friend says Trump is considering firing special counsel
by | Monday, June 19, 2017

Friend says Trump is considering firing special counsel

If Trump were to make such a move, he would have to order Rosenstein to fire Mueller. Rosenstein was asked about it and answered this way, "You have my assurance that Director Muller will have the full degree o...More..

US Fed interest rate hikes keep coming
by | Monday, June 19, 2017

US Fed interest rate hikes keep coming

The Federal Reserve raised interest rates on Wednesday for the second time in three months and said it would begin cutting its holdings of bonds and other securities this year, signaling its confidenc...More..

by | Monday, June 19, 2017

Russia probe causes tension among top officials at Justice Department

Rosenstein . US President Donald Trump has mocked FBI investigators of not being able to find any evidence related to the probe of a possible collusion between his team and Russian Federation during 201...More..

by | Sunday, June 18, 2017

Saudi Arabia blocks Qatar flights to 'protect citizens from threats'

He said that Qatar has "practically been sentenced to the death penalty" and added that "it is neither humane nor Islamic to attempt to isolate a country's people in every area from food, to drink, to travel, t...More..

by | Sunday, June 18, 2017

Amazon eyes big serving of United States grocery pie

With Whole Foods , Amazon gets an established business that it can transform through its technology and supply network expertise. Online retail giant Amazon said it will acquire natural food chain Whole...More..

by | Sunday, June 18, 2017

Marissa Mayer quits as Verizon finally closes Yahoo deal

Mayer will walk away with a golden parachute payment worth an estimated $23 million in cash, according to an SEC filing. Verizon and Oath confirmed Mayer's departure in the last paragraph of Tuesday's pres...More..

by | Sunday, June 18, 2017

GE names John Flannery as CEO, Immelt to step aside

A divestment of GE's health unit would follow outgoing CEO Jeff Immelt's efforts to shed the company's financial and media units and bring it back to its industrial core, which include the power , aviation, ...More..

by | Sunday, June 18, 2017

Beaufort Securities Reaffirms "Buy" Rating for United Utilities Group PLC (UU)

Peel Hunt has "Buy" rating and GBX 225 target. Barclays Capital maintained 3i Group plc (LON:III) rating on Thursday, July 21. HSBC maintained Drax Group Plc (LON:DRX) rating on Wednesday, January 25. Therefore...More..

Start of USA driving season supports oil, but oversupply worries fester
by | Sunday, June 18, 2017

Start of USA driving season supports oil, but oversupply worries fester

US West Texas Intermediate (WTI) crude futures traded at $48.70, down 96 cents, or two per cent. Weekly data from the US Energy Information Administration (EIA) showed crude inventories dropped 6.4 million ba...More..

Trump faces new lawsuit over business empire
by | Sunday, June 18, 2017

Trump faces new lawsuit over business empire

The Foreign Emoluments Clause prohibits officeholders from accepting foreign gifts or other benefits without Congress' consent; its domestic counterpart bars federal or state compensation of the president be...More..

by | Sunday, June 18, 2017

GST Council relaxes return filing rules for July-Aug

The official launch of the goods and services tax (GST) is slated for mid-night of June 30 and July 1. CBEC has stated that trader-manufacturers' provisional ID would be GST Identification Number (GSTIN). Mov...More..

by | Sunday, June 18, 2017

Killing of 6 cops an act of 'cowardice': Jaitley

As many as six policemen were killed in a terrorist attack on a police party in Jammu and Kashmir's Anantnag district on Friday. Mattoo was involved in the killing of a police constable at Bogund on Jun...More..

by | Sunday, June 18, 2017

GST Council relaxes return filing rules for July-August period

He said state-run lottery will be taxed at 12 per cent while state-authorised lottery at 28 per cent. In a letter to Finance Minister Arun Jaitley , Assocham said existing assessees have not yet migrated...More..

How Amazon's Whole Foods Purchase Affects Your Portfolio
by | Sunday, June 18, 2017

How Amazon's Whole Foods Purchase Affects Your Portfolio

At least one local shopper at the Andover Whole Foods store had a much different perspective on the deal. Food and retail stocks floundered on Friday (June 16) on news of Amazon's takeover of Whole Foods...More..

UK's Brexit Minister Says Talks With EU Could Face Delays
by | Sunday, June 18, 2017

UK's Brexit Minister Says Talks With EU Could Face Delays

Hammond said Britain's position had been set out in a speech by May in January and a letter she sent to European Union leaders in March when she triggered the Brexit process. Besides forging a deal to keep her ...More..

US congressman Scalise still in critical condition: hospital
by | Sunday, June 18, 2017

US congressman Scalise still in critical condition: hospital

The congressman sustained "substantial damage" to organs and blood vessels, Sava said , and remains in intensive care. "We are encouraged by improvement in his condition over the last 36 hours", Dr. He had b...More..

by | Sunday, June 18, 2017

Bodies found in search of US destroyer damaged in collision

Seventh Fleet said in a statement. "You will see the USS Fitzgerald back", he said . The bodies were found by Navy divers today, a day after it returned to the base in Yokosuka with the help of tug boats. Yo...More..

Va. Shooter's Wife Expresses Horror, Asks Media To Go Away
by | Sunday, June 18, 2017

Va. Shooter's Wife Expresses Horror, Asks Media To Go Away

The shooter's widow refused to answer questions about her husband's politics. Hodgkinson said repeatedly that she saw no signs her husband was planning violence. Mike Bost (R-Ill.) at least 10 times over ...More..

by | Sunday, June 18, 2017

Immelt to step down at GE, Flannery to take CEO post

In 2015, the company unveiled its first new business in 75 years - GE Digital - marking an official effort to bring together its software and IT capabilities. GE said Immelt's departure was not triggered by out...More..

by | Sunday, June 18, 2017

Trump Conflates 'Phony Collusion' And Possible Obstruction Of Justice Investigation

Some see the leaks about the widening investigation - and Mueller's plans to interview top intelligence officials whom Trump allegedly asked to press the FBI to back off its probe of ex-National Security Ad...More..

Senate adds Medicaid reforms to bill on mental health groups
by | Sunday, June 18, 2017

Senate adds Medicaid reforms to bill on mental health groups

At a Rose Garden ceremony minutes after the bill's 217-213 House passage on May 4, Trump called it "a great plan". The group includes seven governors from both parties, including Charlie Baker of MA, a Republ...More..

Puerto Rico gov upholds statehood in vote hit by boycott
by | Sunday, June 18, 2017

Puerto Rico gov upholds statehood in vote hit by boycott

The results from these elections are but a reflection of, not simply the economic crisis Puerto Rico is facing, but of the political crisis it is facing as well. Along with the missing option, the original ball...More..

Natural gas may protect Qatar in Gulf dispute
by | Sunday, June 18, 2017

Natural gas may protect Qatar in Gulf dispute

Foreign ministry spokesman Bahram Ghassemi issued a similar statement. The Gulf state has been in the midst of a diplomatic crisis since Saudi Arabia accused it of sponsoring terrorism. Qatar denies it ba...More..

US dollar subdued as Trump probe, weak US data overshadow Fed
by | Sunday, June 18, 2017

US dollar subdued as Trump probe, weak US data overshadow Fed

The shekel-dollar exchange rate has fallen to a new 3-year low (since August 2014) despite the US Federal Reserve's decision yesterday to raise the interest rate by 25 basis points to the 1%-1.25% range. Th...More..

by | Sunday, June 18, 2017

Mueller Hires 13 Lawyers for Special Counsel

Donald Trump took to Twitter on Friday to insist that despite months of investigating, no proof has emerged that he colluded with Russian Federation to tilt the 2016 presidential election in his favour. Sp...More..

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