Finance

Claims about Trump's tax plan don't hold up

Cohn said the deduction would create "a zero tax-rate for the first $24,000". Democrats are using the possibility of presidential profits to bash the propos...


Newell's profit beats, helped by Graco strollers, Sharpie pens (NWL)

This is an increase of approximately 919% compared to the typical volume of 1,007 put options. Newell Brands Inc (NYSE:NWL) traded up 11.55% on Monday, reachi...


Daily Ratings & News for AK Steel Holding Co

United States Steel Corporation (NYSE:X) share price plunged -0.42% or -0.09 points to reach at $21.28 during previous trading session. BMO Capital Markets reit...


OPEC runs out of options as bid to boost oil price fizzles

The participation of Azerbaijan in joint oil production cuts is defined at 35,000 barrels per day. WTI futures have fallen below prices when the Opec cuts w...


French campaign revs up with rival rallies, May Day marches

Unlike Chirac, who refused to debate Le Pen's father Jean-Marie in 2002, Macron is adamant he will not shy away from the challenge. He condemned Ms Le Pen and...


Trump Administration Turns Back Obama School Lunch Rules

School lunch programs in the USA will no longer be required to meet all of the nutrition standards set in the Obama era, the Trump administration announced ...


Tax cuts not a cure-all

Because there is precious little gold in that pot. "What you're implicitly proposing is lower spending and higher taxes in the future". It's hard to be precise ...


US unemployment hits lowest rate in a decade

The biggest payroll gains were in leisure and hospitality, which added 55,000 jobs, and health care and social assistance, which added 36,800. The government ...


Mumbai Indians beat Delhi Daredevils by 146 runs

They had a awful start, losing Sanju Samson to the first ball of the chase. Mumbai eclipsed the IPL record of biggest win by runs, held by Royal Challengers B...


India's Saarc satellite GSAT-9 launched successfully

A South Asia satellite will help the countries co-ordinate rescue efforts and have a secure line of communication during disasters. Modi said the South Asia S...


NRG Yield reports 1Q loss

Among 23 analysts covering AT&T Inc. Class C will report full year sales of $195.91 million for the current year, with estimates ranging from $988.38 million to...


GB hockey men into first Azlan Shah Trophy final since 1994

Hosts Malaysia did everything right, kept their heads and didn't do much wrong in giving the Asian Games champions a defeat that not only kept India out of ...


Shake Shack says a key sales figure declined

Q1 beats despite comp shortfall. EPS in next five year years is expected to touch 22.85% while EPS growth in past 5 year was 35.65%. Traffic declines of -3.4%...


Panthers' Michael Oher Accused of Assaulting Nashville Uber Driver

At some point during the ride, Mr. Oher suggested the driver didn't know where he was going and an argument ensued, the report said . Oher thought the Uber d...


In latest airline video, Delta boots family from flight

Schear and his wife eventually chose to take their two children and get off the plane rather than protest further, but they were clearly upset with the way thin...


Stocks pare losses after Fed meeting concludes, GDP weakness called 'transitory'

The Russell 2000 index of small-company stocks sank 6 points, or 0.5 percent, to 1,400. Other data indicated the pace of growth in the USA economy's service s...


Japan, Asean countries mull ways to counter financial crises

South Korea, Japan and China, at a trilateral meeting on Friday, vowed to fight against "all forms of protectionism" amid growing concerns of US President Donal...


Indian gov't releases draft rules for no-fly list

The airlines will maintain a database of such passengers that will form a National No-Fly List of unruly or disruptive passengers. According to officials, bet...


Apple CEO Promises $1 Billion Fund To Promote 'Made in America' Trend

Apple will reportedly announce their first investment in May. Cook's reply:"It's $1 billion of our USA money, which we have to borrow to get, that's another ...


Sensex reclaims 30000-level, rises 99 pts in early trade

The BSE IT index slips 0.4 per cent; HCL Technologies, Tech Mahindra, TCS and Infosys among laggards. The market also cheered the government's new policy aimed ...


Striking Factory Workers Give Cold Reception to Macron After Le Pen's Visit

While a financial scandal derailed the presidential bid of French conservative Francois Fillon, Le Pen, who is staunchly anti-EU, has so far survived the allega...


Grueling season taking its toll on injury-hit Man United

United are now vying with Liverpool, Man City and Arsenal for two places in next season's Champions League, with Chelsea and Tottenham all but tying up the top ...


Physician who was dragged off flight settles with United

His lawyers said that he suffered a broken nose, concussion and lost multiple teeth. United has taken full responsibility for what happened on Flight 3411, ...


Federal Realty Investment Trust (NYSE:FRT) reports 1Q17 Profit Up 5%

Investors look favorably upon stocks with a large amount of institutional ownership. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in share...


5 reasons to (still) be skeptical about Trumpcare passing the House

House Republicans also had a breakthrough on their moribund health care legislation when a key group of conservatives, the House Freedom Caucus, announced it ...


Forex New - Dollar rises after hawkish FOMC; rates unchanged as expected

Still, while there were signs of a tightening labour market, wage growth remained subdued meaning it won't drive up inflation and forced the Reserve Bank to con...


Facebook to hire 3000 to review crime videos

Videos and posts that glorify violence are against Facebook's terms of service. It will make it simpler for people to report problems to the company. "We don't...


Volkswagen brand profit soars as cost cuts materialise

Group operating profit jumped 40% to €4.37bn in the three months to end-March, one of the auto maker's highest-ever quarterly results, even as vehicle sales at ...


US businesses added solid 177000 jobs in April

The report also said large business added 38,000 jobs in April, while employment at small and medium businesses climbed by 61,000 jobs and 78,000 jobs, respec...


Oil prices inch down on China economy worries, but OPEC cuts support

The data will also provide an update on growth in USA oil production, a key factor that has kept a lid on price gains driven by output cuts elsewhere. Experts a...


Roma Legend Francesco Totti To Retire At The End Of The Season

Since coming on as a sixteen-year-old substitute in Roma's 2-0 defeat of Brescia back in 1993, the striker, who lifted the World Cup with Italy in 2006, will ...


Canada now has more seniors than children

But if it's any consolation, the city of London (excluding St. Thomas and surrounding area) was the youngest in the area with an average age of 40.5 years. - De...


Pope warns of broad destruction if Korean tensions escalate

Heavy security surrounded the Pope as he entered Cairo's Air Defense Stadium in an open golf cart. But Francis chose to forego the bullet-proof "popemobile" h...


Six stories in the news today, April 28

Reminder: Trump spent roughly 48 hours with Xi. Millions of American jobs could be caught in the crossfire of President Trump's plans for NAFTA, the trade dea...


Campaign begins as UK MPs vote for early election

The pound strengthened by nearly half a cent against the dollar as May spoke, reflecting investor relief that earlier rumours of a shock resignation did not tra...


US economy expanded at weakest pace in 3 years

The weaker than expected increase in GDP in the first quarter represents the worst performance since a 1.2% decline in the first quarter of 2014. Trump, who...


Opec chief sees oil producers near to re-balancing market

Gasoline stockpiles climbed 1.54 million barrels last week, surprising analysts surveyed by Bloomberg who projected the Energy Information Administration d...


Trump tax plan: Relief for his voters but lots of unknowns

It would eliminate deductions for state and local tax payments and all others except the home mortgage interest and charitable donations. Notably, residents o...


Samsung Galaxy J3 Prime with Android Nougat launched in U.S. for $150

In related news, Samsung is expected to announce the highly anticipated Samsung Galaxy Note 8 phablet at the IFA conference in early September. As for the spe...


Price Of Crude Oil Dips On Supply Glut Concerns

U.S. crude inventories probably shrank by 1.7 million barrels last week, according to a Bloomberg survey before an EIA report Wednesday. US West Texas Inter...


More Donald Trump Tax Proposal Details Have Been Released

Also, the Senate requires 60 votes for these tax cuts to become law. Trump's plan would not just cut corporate taxes from 35 percent to 15 percent, but also c...


Aussie hits 2-week low after soft core inflation

However, Hobart's 0.8 per cent March quarter inflation was topped only by Melbourne (0.9 per cent), with national inflation at 0.5 per cent (and 2.1 per cent an...


Woman rescued from crane faces six charges

When rescue crews arrived, she had been clinging on to a steel cable for at least four hours, The Associated Press reported . "It takes a lot of dexterity.as...


Bank of Japan most upbeat on economy in 9 years

It also raised its estimate of growth for 2018, from 1.1 to 1.3 percent and published its first forecast for fiscal year 2019, of 0.7 percent. "The inflation ...


USA stocks rally as investors welcome French presidential vote

France's CAC 40 index surged 4.1% on Monday, on track for its highest close since 2015 and best day since 2012, while Germany's benchmark DAX index added 3.4%, ...


Twitter soon plans to broadcast non-stop videos

Twitter recently lost National Football League, its biggest livestreaming video partner, to Amazon . "It caused people to come and see if we could deliver". ...


Jason Chaffetz says he might step down before his term is over

Jason Chaffetz's decision Wednesday not to run for re-election in 2018 is the clearest signal yet that ambitious, young politicians view time served in Washing...


Tesla Model S loses top rating from Consumer Reports over brake issue

Stock has got OUTPERFORM rating from 5 analysts of Thomson Reuters , 8 analysts given HOLD rating to the stock and 1 given UNDERPERFORM rating. (TSLA) is $263....


Twitter rallies as growth for first quarter surpasses expectations

Twitter has never turned a profit, and for the first time since going public in 2013, it reported a decline in revenue from the previous year. Despite th...


What is net neutrality and why does it matter?

Second, we are proposing to eliminate the so-called Internet conduct standard. In laying out his vision for a less regulated industry Pai said his proposals wou...