Markets

Snap Co-Founder Evan Spiegel Just Lost More than $1 Billion

On the other hand, Facebook revenue was at $1.18 billion during its first reported quarter; Snap Inc.is now at $ 150 million , disappointing analysts, who were expecting at least $158 million. Matt Britton, CEO of social media marketing company Crowdtap and an expert on millennials, believes Snapchat has "gotten ahead of itself" in pushing out new features, when what it does best — and what it... [Full Article...]

Economy Watch: Economy Gains 211K Jobs in April

Construction hiring improved marginally, gaining 5,000 jobs. Following lower job growth in March, federal economists also reported that the USA economy expanded at its slowest pace in three years in the first quarter, a figure attributed to persistent measurement issues. [Full Article...]

England's emergency units open 'as normal' again after cyber attack

England's emergency units open 'as normal' again after cyber attack The attack takes advantage of a critical exploit in older versions of Windows that was uncovered by the US National Security Agency earlier this year. If you're not on a work network that already has security, consider installing some form of security program on your computer. Europol said European companies and governments had heeded warnings and as a result avoided further fallout from the ran... [Full Article...]

White House offers muted response on Comey memo

The request comes after the New York Times published a story Tuesday night alleging President Trump told Comey to "let go" of the FBI's investigation into former National Security Advisor Michael Flynn. Comey or anyone else to end any investigation, including any investigation involving General Flynn", a White House statement said. "At this point I have not seen anything that is that alarmin... [Full Article...]

Ford cuts 1400 jobs, 10 pct of white-collar work force

Ford cuts 1400 jobs, 10 pct of white-collar work force Ford plans to cut 10 per cent of its workforce across North America and Asia this summer, but most job cuts are expected to be voluntary. "Full details about the voluntary packages and how the program will work will be communicated with employees in early June", Ford said in an emailed statement to MarketWatch. [Full Article...]

U.S. Treasury's Mnuchin says U.S. reserves right to be protectionist

U.S. Treasury's Mnuchin says U.S. reserves right to be protectionist At the moment it seems not to have created any problems for the financial system. "I think that there was no disagreement over the fact that trade promotes growth and has to be inclusive", Italian Finance Minister Pier Carlo Padoan said on Bloomberg Television. [Full Article...]

Were Fossil Fuel Exports the Big Loser in BC's Election?

Liberal party and the B.C. Green party and disaffected conservatives and others in the community", he said. Clark received an angry reception from some people as she toured the streets of Sidney. "They came and spoke to all our Grade 11 and 12s, and we had two classed from Crowe and a class from RSS [Rossland Summit School] that came", said Martin. [Full Article...]

Flynn Stopped Military Plan Turkey Opposed - After Being Paid as its Agent

Flynn, who was sacked after 24 days in the job, was initially kept on even after the acting attorney general, Sally Q. Yates, warned the White House that he might be subject to blackmail by the Russians for misleading Vice President Mike Pence about the nature of conversations he had with the Russian ambassador to Washington . [Full Article...]

Senate Intelligence Committee subpoenas Flynn documents after Flynn refuses to cooperate

Senate Intelligence Committee subpoenas Flynn documents after Flynn refuses to cooperate Flynn resigned his national security adviser position in February after he admitted to misleading the administration about conversations he had with the Russian ambassador to the U.S. Yates explained that Russian Federation knew and likely had proof that Flynn had misled Vice President Mike Pence. It also covers the post-election time period in which Trump and his transition team chose to appoint ... [Full Article...]

Gayle picks Ronaldo's Real Madrid to bag 12th Champions League crown

Gayle picks Ronaldo's Real Madrid to bag 12th Champions League crown Once again Ronaldo made the difference as he took his tally to 13 goals in his last eight games with early strikes in each half. Collecting possession from just outside the box, Ronaldo took a touch before unleashing an unstoppable shot past Celta Vigo keeper Sergio Alvarez - with his so-called weaker left foot. [Full Article...]

Log in, look out: Cyber chaos may grow at workweek's start

Log in, look out: Cyber chaos may grow at workweek's start The Spanish government said several companies including Telefonica had been targeted in ransomware cyberattack that affected the. Security experts said the spread of the ransomware had been inadvertently stopped late Friday. Companies and institutions are often slow to update their computers because it can screw up internal software that is built to work with a certain version of Windows. [Full Article...]

Japan, New Zealand to work together to revive TPP

Japan, New Zealand to work together to revive TPP Japan and New Zealand are now the only two signatories that have ratified the TPP pact. Japan and New Zealand pledged on Wednesday to carry forward the Trans-Pacific Partnership (TPP) trade pact despite the withdrawal of the United States. [Full Article...]

4 men arrested in London on suspicion of terrorist plot

4 men arrested in London on suspicion of terrorist plot The others, aged 27, 25 and 18, were arrested at their home addresses. A spokesperson for Scotland Yard said they were detained "on suspicion of being concerned in the commission, preparation or instigation of acts of terrorism". A day before, police arrested an individual carrying knives near Downing Street - the London residence of the prime minister. Britain has been on its second-highest a... [Full Article...]

Australia boosts infrastructure spending

Australia boosts infrastructure spending Scott Morrison is promising better times ahead, predicting strong wage growth as unemployment eases and the economy rumbles along at a spritely rate reaching three per cent. The budget will invest $18.6 billion in extra funding to schools over the next 10 years. 'I'm uneasy about it, and I understand banks do pay company tax. [Full Article...]

Notable Stock within Analysts Radar: Eli Lilly and Company (LLY)

The analysts noted that the move was a valuation call. Currently, EPS of Eli Lilly and Company (LLY) is 0.98 while the analysts predicted the EPS of the stock to be 0.96 suggesting the company fell short of the analysts' expectations. The ex-dividend date is Thursday, May 11th. This represents a $2.08 annualized dividend and a dividend yield of 2.59%. Relative strength index (RSI-14) for El... [Full Article...]

Va. to limit power plant pollution under new executive order

Va. to limit power plant pollution under new executive order Governor McAuliffe's Clean Energy Virginia Initiative sets Virginia up for clean energy success and creates a much-needed solution to reducing climate change. McAuliffe's action will remove Virginia from the clean energy laggard category, and place it firmly instead in the leader category, alongside its neighbors North Carolina in solar, West Virginia in wind, and Maryland in energy efficiency. [Full Article...]

No announcement Friday on laptop ban expansion

Nearly two months after the Department of Homeland Security instituted a ban on large electronics on USA -bound flights from several countries in the Middle East, the agency is considering expanding the prohibition to flights from Europe. Some US and European airlines have been planning for a wider ban, industry officials have told Reuters. A congressional official also said the ban was likely t... [Full Article...]

American Airlines Group, Inc

It has outperformed by 9.42% the S&P500. D E Shaw & Communications holds 0.06% or 744,607 shares in its portfolio. Regions Corp owns 0.03% invested in American Airlines Group Inc (NASDAQ:AAL) for 45,179 shares. 10 number of analysts have estimated the sales of the company for the quarter ending Jul 20, 2017- Jul 24, 2017, analysts estimated mean sale target of 11096.2 million while high and low ... [Full Article...]

Arctic Council presents united front as Finland takes over from US

Canadian Foreign Affairs Minister Chrystia Freeland says Secretary of State Rex Tillerson demonstrated his support of the Paris accord on climate change when he signed the Fairbanks Declaration 2017 that followed a summit Thursday in Alaska to highlight global warming. [Full Article...]

Oil prices rise on expectation of extended crude supply cut

Oman said it fully supported the idea of a nine-month extension. The rally driven by Saudi and Russian pledges to extend output cuts lost steam as investors await USA crude inventory data to be released by an industry group on Tuesday and by the government on Wednesday. [Full Article...]


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