Markets

Snap Disappoints With $2.2 Billion Loss in 1st Quarter

Snap Disappoints With $2.2 Billion Loss in 1st Quarter And although Snapchat had a 36 per cent jump in daily active users on a year over year basis, it added just eight million new users (five per cent), from last quarter. Most young people using the app were found to believe that they would not be using it once they turned 35, which apparently is the age when people become adults. [Full Article...]

Senate GOP examining ways to repeal ObamaCare insurance rules

Senate GOP examining ways to repeal ObamaCare insurance rules According to the Washington Post , the few Republican lawmakers who are courageous enough to go out and face angry voters in their districts were given advice on how to present the American Health Care Act , which was recently passed in the GOP-led House of Representatives. [Full Article...]

Brawling passengers force Southwest plane to turn back to gate

Brawling passengers force Southwest plane to turn back to gate As the flight entered Burbank, two men completely lost it and started fighting with each other. Burbank police said they arrested 37-year-old Chaze Mickalo Cable of Lancaster, Los Angeles County. "She was running down the aisle toward danger and then she got trapped". The punches continued until other passengers were able to stop the attack. [Full Article...]

Oil sinks to its lowest level since November

Oil sinks to its lowest level since November European benchmark North Sea Brent crude fell 1.8 per cent to $47.49 a barrel in early morning trade on the Singapore trading platform on Friday, while U.S. This sparked a 25-per cent rally in the price in the month that followed, pushing Brent crude to 18-month highs. "The market will get increasingly nervous as we approach late May, about the details (or not) of an extension to the OPEC ... [Full Article...]

Coach to acquire Kate Spade in $2.4bn deal

That represents a 28% premium to Kate's closing price as of December 27, the last trading day before a Wall Street Journal report that Kate was exploring a sale of the company after coming under pressure from an activist shareholder. Kate Spade has been under external pressure to do a deal since November, when New York-based hedge fund Caerus Investors sent the company's board a letter push... [Full Article...]

1 in 5 voters approve of House Republicans' revised health care plan

Blum, a businessman, former high school basketball coach and onetime real estate developer, won his seat in the Republican wave of 2014 on the promise of repeal. Months later, in September, the Freedom Caucus hastened Boehner's departure. According to those previous estimates, House Republicans' original bill would have caused 24 million more Americans to be uninsured by 2026, more than reversin... [Full Article...]

Washington has resisted in a series with "Boston"

If you thought something funky happened with the clock late in the Boston Celtics' Game 6 loss to the Washington Wizards, the National Basketball Association agrees with you. "To have Game 7 back in Boston in the Garden". Brooks has excelled at calling out-of-timeout plays this season, and he drew up a pick and roll with Wall and Gortat to get Wall isolated on Al Horford . [Full Article...]

N Korea willing to meet with US if conditions right: diplomat

The North American Aerospace Defense Command (NORAD) determined the missile launch from North Korea did not pose a threat to North America. South Korea's Joint Chiefs of Staff did not know the kind of projectile fired or whether the launch succeeded, the AP reported. [Full Article...]

China's Xi Discusses Nuclear Issue With New S. Korean President

Winning an election in a country deeply split following the impeachment of former president Park Geun-hye over an extensive corruption scandal, Moon Jae-in, a former human rights lawyer, needed only 40 percent of votes to defeat other conservative candidates in the election on Tuesday. [Full Article...]

Trump tax plan stands to benefit the man in the White House

Trump tax plan stands to benefit the man in the White House The biggest windfall for rich people could come from Trump's plan to lower the top tax rate for small-business owners to 15 per cent from 39.6 per cent. For decades, Republicans have made cutting taxes for the wealthy and powerful priorities over investing in America's young people, building stronger communities or expanding opportunity for struggling families. [Full Article...]

Nations assess cyberattack damages; United Kingdom focuses on hospitals

Nations assess cyberattack damages; United Kingdom focuses on hospitals The western MI resident said he noticed the authors of the malware had left in a feature known as a kill switch . A massive ransomware attack hit organizations around the world on May 12, said the release of Kaspersky Lab, the multinational cybersecurity and anti-virus provider, confirming that the lab has recorded as of Friday more than 45,000 attacks of ransomware, while Romania is amon... [Full Article...]

BT Group plc (BT) Given "Neutral" Rating at Macquarie

Compass Group plc (LON:CPG) has risen 6.55% since October 11, 2016 and is uptrending. Stifel Nicolaus maintained Microsemi Corporation (NASDAQ:MSCC) on Friday, January 27 with "Buy" rating. (NASDAQ:ABMD) earned "Buy" rating by Benchmark on Tuesday, August 4. Therefore 88% are positive. GBX 494's average target is 31.65% above currents GBX 375.25 stock price. [Full Article...]

Analyst Stock Recommendations For Pandora Media, Inc. (P), JetBlue Airways Corporation (JBLU)

Analyst Stock Recommendations For Pandora Media, Inc. (P), JetBlue Airways Corporation (JBLU) Now the P/E of JetBlue Airways Corporation stands at 11.45. Cowen and Company cut JetBlue Airways from an "outperform" rating to a "market perform" rating and set a $23.00 price target on the stock.in a report on Wednesday, January 4th. COPYRIGHT VIOLATION NOTICE: This news story was published by BBNS and is the property of of BBNS. If you are accessing this story on another publication, it was ... [Full Article...]

Mnuchin: US partners more comfortable with Trump on trade

U.S. Treasury Secretary Steven Mnuchin said the United States reserved the right to be protectionist if it thought trade was not free or fair. The call was made in a statement issued at end of the two-day summit of G-7 foreign ministers in Bari , Italy today. [Full Article...]

Local polls boost May five weeks before United Kingdom general election

Former head of the retail chain John Lewis, Andy Street, became the regional leader of the West Midlands, narrowly seeing off former Labour MP Sion Simon. Independent candidates won 2 seats as well while the Green Party retained their seat. The Tories were up on 276 seats, up 164. Electoral contests were held Thursday for local councils in Scotland, Wales and many parts of England, as well as ... [Full Article...]

White House: Trump will reinforce strong alliance, talk peace on Israel trip

White House: Trump will reinforce strong alliance, talk peace on Israel trip Saudi Arabia , the birthplace of Islam , is Trump's first stop on his first worldwide trip as president. Trump will visit Saudi Arabia, Israel and Rome "in an effort to unite three of the world's leading religious faiths" in a joint fight against terrorism and intolerance, the Washington Post reported . [Full Article...]

US consumer prices rebound on rising gasoline, rental costs

The CPI rose 2.2 percent over the past 12 months. Sales at US retailers rose in April, and March sales were stronger than originally estimated, but came in below expectations. Consumer spending is being supported by a tightening labour market , marked by an unemployment rate at a 10-year low of 4.4%. It did not seem the adjustment down would impact on the Federal Reserve's decision whether ... [Full Article...]

Tillerson signs worldwide declaration recognizing climate change

At the end of the ministerial meeting, acting on behalf of the US which has chaired the Arctic Council since 2015 in Iqaluit, Tillerson handed the Council's symbolic birch wood gavel to Soini. With military matters explicitly excluded from its agenda, the Council has served to foster cooperation between nations on developing this remaining frontier on Earth. [Full Article...]

Banks confront Morrison on levy details

Banks confront Morrison on levy details Mr Morrison said there was no reason bank customers should have to bear the brunt of the tax, noting "this isn't a levy on their deposits, it's not a levy on their mortgages", and banks will have to be honest about their reasoning for increasing fees. [Full Article...]

High Lake Ontario water levels

High Lake Ontario water levels It appears to be the first time he has revealed his position on Plan 2014. But Godfrey and other local elected officials say that under the old plan, the control board had more freedom to discharge water in anticipation of high inflows. Lawrence River. River and stream outlets are also affected by high lake levels which could result in minor flooding around their shorelines. "We are in the pro... [Full Article...]


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