Finance

United Kingdom trade envoy Lamont scathing of Trump's treatment of Iran

TRUMP, on why the USA under President Barack Obama should not have agreed to the Iran nuclear deal: "I think they would have failed, totally failed within six months". An Iranian military truck carries parts of the S-300 air defence missile system during a parade on the occasion of the country's Army Day, on April 18, 2017, in Tehran . [Full Article...]

Uber to repay millions to drivers

Uber to repay millions to drivers Uber underpaid its New York City drivers and is now giving that money back. The company has also resisted calls to share data with the city and fought against efforts to require stricter background checks for drivers. Drivers not active in the last three months will have to confirm that their bank information is still current to receive the money owed. There's no deadline by which drivers need... [Full Article...]

Most wanted Philippine militant Hapilon often evasive

Hapilon, 51, initially gained notoriety as leader of the Abu Sayyaf , a US-listed terrorist organisation that was founded with seed money from Al-Qaeda in the early 1990s. Martial law allows Duterte to harness the armed forces to carry out arrests, searches and detentions more rapidly. He mentioned the central Visayas region, where militants recently also launched attacks far from their sou... [Full Article...]

Marathon Patent Group Inc (MARA) Shares Down 33.3% on Insider Selling

In the quarter ending September 2016, Marathon Patent Group, Inc . delivered an even larger earnings beat. It serves its clients through two complementary business units: IP Services and IP Licensing and Enforcement business. Relative strength index (RSI-14) for Marathon Patent Group, Inc. The goal of share performance is to compare managers to the interests of shareholders. [Full Article...]

Oil prices build on gains on expectation of extended crude supply cut

Crude oil inventories in the United States are expected to fall for a sixth straight week, by 2.3 million barrels, according to a Reuters poll of seven analysts ahead of weekly inventory reports from the American Petroleum Institute and the US Energy Information Administration. [Full Article...]

Kazakhstan backs OPEC's decision to cut oil output

Oil had climbed back above $51 a barrel after Saudi Arabia and non-OPEC member Russian Federation rallied support from the Organization of Petroleum Exporting Countries and other nations to extend the deal into 2018. The National Oil Corporation has plans to raise this to over a million barrels daily by the end of this year. Non-OPEC producers led by Russian Federation, which are participati... [Full Article...]

Polls Close in Montana's Suddenly Famous Special Congressional Election

That means anywhere from a third to a fourth of the overall vote will happen at the polls Thursday. " Donald Trump's his model", she said. Then, upon shifting their focus to the alleged victim and witnesses, Gianforte left the scene on his own accord. [Full Article...]

Florida joins other states in ending 'tampon tax'

Florida joins other states in ending 'tampon tax' Scott specifically called out Rep. Joe Gruters, R-Sarasota, who was in attendance Wednesday, as one of the legislators who didn't turn their backs. It would have removed the 82-year-old requirement, enacted in Florida after Prohibition, that hard liquor be sold in a separate store. [Full Article...]

DARPA, Boeing To Build Spaceplane

DARPA, Boeing To Build Spaceplane Boeing said the Phantom Express will be capable of deploying a small satellite weighing up to 3,000lbs into low-Earth orbit. According to Jess Sponable , Program Manager at DARPA , XS-1 will be an integrated product of important features of both traditional airplane and conventional space launch vehicles. [Full Article...]

Moody's downgrades China's credit rating

China may no longer get an A1 rating if there are signs that debt is growing at a pace that exceeds Moody's expectations, Li Xiujun, vice president of credit strategy and standards at the ratings agency, said in the same webcast. " Moody's expects that economy-wide leverage will increase further over the coming years", the ratings agency said. The demotion indicates the bond rating firm regar... [Full Article...]

OPEC agrees to extend production cuts

While U.S. output quickly declined along with falling prices in 2016, shale producers have quickly pumped out more this year on the modest price recovery. that won't be necessary", Saudi Energy Minister Khalid al-Falih said before the meeting. The Opec produces a third of the world's oil. The oversupply of oil in the market should not persist past the third quarter as inventory numbers are dec... [Full Article...]

Unusual Volume Spikes For: Healthcare Realty Trust Incorporated (HR)

It has outperformed by 75.39% the S&P500. First Trust Advisors LP now owns 29,841 shares of the real estate investment trust's stock valued at $273,000 after buying an additional 3,450 shares during the period. State Street Corp increased its stake in Federal Realty Investment Trust by 4.5% in the fourth quarter. Appleton Prtn Inc Ma reported 13,350 shares. Halliburton Co (NYSE:HAL) was raised too... [Full Article...]

OPEC likely to extend output cuts, but price relief elusive

OPEC likely to extend output cuts, but price relief elusive At 516.3 million barrels, USA crude inventories were the smallest since mid-February, a sign that OPEC's efforts to reduce world supply are starting to have an effect in the United States , the world's largest oil consumer. In general, strategic petroleum reserves make key OPEC members such as Saudi Arabia unhappy. Should OPEC promise more reductions that can only mean good news for U.S. [Full Article...]

1000 extra police officers deployed across the UK

1000 extra police officers deployed across the UK As the afternoon goes on, upwards of 3,500 soldiers are being deployed to protect key or critical locations across the UK. Up 5,000 troops will be on 24 to 36 hours' notice to be deployed across the country, though initially only a few hundred will be deployed. [Full Article...]

Raytheon Enters Defense Tech Partnership With State-Owned Firm in Saudi Arabia

Saudi Aramco alone said it inked $50 billion in agreements largely aimed at boosting local content and jobs. The weekend finalization of a U.S. arms deal with Saudi Arabia which officials say will be worth at least $350 billion over the next decade sent the stocks of politically well-connected USA arms makers soaring to all-time highs, underscoring just how much money there is to be had in... [Full Article...]

Moody's cuts China rating citing rising debt, slowing growth

The move, it said, reflects an expectation "China's financial strength will erode somewhat" and economy-wide debt will rise. Fears are mounting that China is flirting with a potential disaster worse than the U.S. Moody's also cut the rating of 26 state-owned enterprises by one notch, shortly after the main sovereign downgrade. The agency warned China's economy-wide debt is expected to rise fur... [Full Article...]

Mulvaney defends Trump budget's social safety net cuts

He calls it "immoral". But many other Republican lawmakers, seeing a budget they think will be tough to sell back home, greeted it warily. Trump's proposed budget is based on tax and spending cuts to strengthen economic growth without increasing the deficit. [Full Article...]

Trump administration sending Congress $4.1 trillion budget

The United States now spends over $6 billion each year funding programs to get lifesaving antiretroviral medications to more than 11.5 million people worldwide who are infected with HIV, the virus that causes AIDS. How? Social Security's trust funds are projected to run dry in 2034 and Medicare's is projected to run out of money in 2028. Cole oversees spending on health and social welfare pr... [Full Article...]

New Zealand launches into space race with 3D-printed rocket

New Zealand launches into space race with 3D-printed rocket More to follow". Although the 15m rocket, Electron, did reach space, it did not quite make it into orbit. CEO and founder of Rocket Lab Peter Beck , says he is "literally over the moon" at today's successful launch. Last week, Rocket Lab said it had secured a new customer called Spaceflight, a launch services and mission management provider. Electron, developed by the American-New Zealand a... [Full Article...]

Attention Travelers: Get ready to unpack for airport security

Attention Travelers: Get ready to unpack for airport security If you are asked to take your iPad and sandwich out of your carry-on bag at the security checkpoint, don't be alarmed. TSA is now testing adjusted screening procedures for carry-on bags and other accessible property at about a dozen select US airports, with the potential to expand to other airports nationwide", Darby LaJoye, TSA assistant administrator for security operations, said in a statemen... [Full Article...]


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