Finance

Trump Administration Orders Review Of Sage Grouse Protections

Trump Administration Orders Review Of Sage Grouse Protections Late yesterday U.S. Secretary of the Interior Ryan Zinke signed Secretarial Order 3353, which aims to improve sage grouse conservation and strengthen communication and collaboration between state and federal governments. Advocates of protecting the bird pointed to development on grouse habitat, including exploration for oil and gas, which has limited the bird's territory, making it hard for them... [Full Article...]

Alibaba closes more than 13% higher after revenue growth hiked

Alibaba closes more than 13% higher after revenue growth hiked The world's largest online shopping platform defied every analyst estimate with an earnings forecast yesterday that topped average projections by 10 percentage points, as digital advertising grows while new ventures into cloud computing and digital entertainment begin to pay off. [Full Article...]

Trump says Obamacare in 'death spiral,' urges Congress to act

Trump says Obamacare in 'death spiral,' urges Congress to act President Donald Trump is promoting the Republican health-care bill that's facing uncertain prospects in Congress. Trump said the families - one from OH and another from Kentucky - are going through "turmoil" along with millions of other consumers who are facing rising premiums and limited choices for health coverage under the 2010 law. [Full Article...]

India inks OECD pact to fix tax treaty loopholes

India inks OECD pact to fix tax treaty loopholes Signatories representing 68 jurisdictions signed the Convention which will have the effect of amending most of the bilateral tax treaties of the signatory jurisdictions in respect of treaty related measures under the BEPS package for preventing artificial tax avoidance, prevention of treaty abuse, and improve dispute resolution. [Full Article...]

Trump and Sessions have had heated exchanges

According to the organizers the goal of The Family Leadership Summit is to inspire, motivate, and educate conservatives. Allies of Jeff Sessions were angered and called it "an embarrassment" that White House press secretary Sean Spicer refused to publicly defend the embattled attorney general during Tuesday's press briefing, Axios reported . [Full Article...]

Oil dips on glut concerns, but Mideast tension supports

Oil fell for a second day on Thursday to hit one-month lows after an unexpected surge in US inventories and the return of more Nigerian crude aggravated investor concerns about an already oversupplied market . Bloomberg reported that USA crude imports from Saudi Arabia fell by 55 per cent for the week that ended June 2, but imports from Iraq hit levels not seen since 2012. [Full Article...]

Diamond ring purchased for $13 as costume jewelry sells for $848K

Diamond ring purchased for $13 as costume jewelry sells for $848K An exceptionally-sized diamond ring bought for £10 (HK$100) at a junk sale was sold at a staggering £656,750 at Sotheby's in London yesterday - after it turned out to be a 26.27ct cushion-shaped white diamond . It was only recently confirmed as a genuine diamond by the Gemological Institute of America (GIA), and it is not known how it arrived at the sale. [Full Article...]

Asian shares flat as UK vote, ECB meeting loom

Asian shares flat as UK vote, ECB meeting loom Investors were also on their toes as the European Central Bank hinted at the end of its easy monetary policy, describing a rosier outlook for the eurozone and dropping a long-standing commitment to cutting interest rates yet further if necessary, and as they waited for crucial testimony from sacked Federal Bureau of Investigation chief James Comey in the United States. [Full Article...]

Spicer: Trump's Tweets Are 'Official Statements By The President'

The tweets also come one day after lawyers across the ideological spectrum say Trump undercut his own legal case by tweeting about a pending Supreme Court case on the travel ban - in which he took aim at his own Justice Department for arguing for "watered-down, politically correct version". [Full Article...]

Anti-terror raids under way in Melbourne, police confirm

Anti-terror raids under way in Melbourne, police confirm Khayre took a female escort hostage inside a serviced apartment in Brighton on Monday night, where he shot dead apartment worker Nick Hao. Muslim leaders on Tuesday condemned the Brighton attack, with the Board of Imams Victoria and the Somali Australian Council of Victoria both committing to work with authorities to stamp out violent extremism. [Full Article...]

Trump's approval rating dips to 34%

President Trump will likely be disappointed to see his approval rate dropping rather than rising, especially since he has just recently returned from his first global tour, a trip scheduled, primarily, to make the President look good. [Full Article...]

Uber rival slams its handling of 2014 rape case

Uber rival slams its handling of 2014 rape case Some of the executives had reportedly been skeptical about the victim's story about the rape and suspected that Ola , Uber's ride-hailing rival in India, was involved with the incident in an attempt to sabotage Uber. Uber's terrible year kicked into overdrive this week amid multiple reports of bad behavior and renewed calls for Kalanick's ouster. Earlier this week, Uber fired one of its ... [Full Article...]

South Africa: 10000 Knysna residents evacuated amid fire

South Africa: 10000 Knysna residents evacuated amid fire On social media, #CapeStorm and #KnysnaFire trended in the country with many sharing photos and video of the storm, as well as urging residents to aid those who have been displaced. "No wonder the place is called the Cape of Storms". Unfortunately, the storm coincided with a period of high tides ahead of the full moon. However, weather conditions were hampering any efforts by air. [Full Article...]

Owner of Saks, Lord and Taylor cutting 2000 jobs

Owner of Saks, Lord and Taylor cutting 2000 jobs The organizational change, HBC said, should result in an annual savings of $350 million - including the anticipated $75 million the company announced in February - when the plan is fully implemented by the end of fiscal 2018. "You are going to have to retool your business fairly quickly, or you might find yourself in trouble". Its stores include Hudson's Bay, Lord & Taylor, Saks Fifth Avenue ... [Full Article...]

Polls open in United Kingdom election after campaign marred by attacks

Polls open in United Kingdom election after campaign marred by attacks The pound immediately tumbled, trading at $1.2751, down 1.5 percent from the day-before level, amid speculation that May would now struggle to govern. While a more conciliatory approach in negotiations with the European Union might be expected, until the results are more clearly known, political uncertainty will drive further GBP-USD downside, in our view. [Full Article...]

OPEC, other nations extend output cut to March

OPEC, other nations extend output cut to March And that meant WTI crude oil prices were volatile this spring. Modest 0.1% and 0.15% pullbacks are anticipated for both the DAX performance index in Germany and the CAC-40 in Paris respectively, according to IG. Brent futures settled up 69 cents to $52.15 a barrel, or 1.3 percent, after hitting a session low of $50.71. Analysts reckon oil prices will remain volatile through the day until t... [Full Article...]

US Sees Crude Output Breaking 48-Year-Old Record in 2018

US West Texas Intermediate (WTI) crude had dropped 18 cents, or 0.2 per cent, to US$47.21 per barrel. According to Reuters , Qatar had agreed to cut 30,000 barrels a day as part of the Organisation of the Petroleum Exporting Countries' ( OPEC ) deal to cut production by 1.2 million barrels per day (bpd) in November, which was later subsidised by non-OPEC to 1.8 million bpd . [Full Article...]

Authorities probe shocking video of cops allegedly kicking man on fire

Authorities probe shocking video of cops allegedly kicking man on fire He described the video as "outrageous". There are issues with that. Prosecutors are continuing to investigate the video, and prosecutors are asking anyone who witnessed the incident to contact them at 201-915-1345. Councilman Rich Boggiano, a retired police detective, echoed the union's thoughts. "Look, we have a high standard for the police department", Fulop said. [Full Article...]

Apple refreshes MacBook and MacBook Pro at WWDC 2017

Apple refreshes MacBook and MacBook Pro at WWDC 2017 The 12-inch MacBook with the single USB Type-C Port will be available at a reduced price of Rs 1,09,900 for the 256GB SSD variant. While there are definitely some reasons to hate the new MacBook Pro design there are also plenty of reasons to buy it - and the latest macOS Sierra updates help with battery life and functionality. [Full Article...]

Former Buffalo Bills receiver James Hardy found dead in IN river

Former Buffalo Bills receiver James Hardy found dead in IN river The Fort Wayne Fire Department's Water Rescue Team arrived on the scene Wednesday afternoon at 2:30pm after receiving a call about a body floating in the water. Our thought are with Hardy's loved ones at this time. In three games against the Hawkeyes from 2005 to 2007, the IN wide receiver caught 24 passes for 420 yards and five touchdowns. [Full Article...]


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