Markets


Rep. Maxine Waters: O'Reilly needs 'to go to jail'
- April 06, 2017

After the New York Times reported on five separate sexual harassment and misconduct settlements against Fox News's Bill O'Reilly, the network's most profitable loudmouth may be in serious trouble. Ailes, from the network. The report triggered more than 40 companies, including Mercedes Benz, BMW and, to pull their advertisements from O'Reilly's show on Fox News , The O'Reilly Factor . (more...)
Lawmakers to Trump: Time to act on Syria
- April 06, 2017

President, is crucial". Earlier, President Donald Trump denounced the attack as a "heinous" act that "cannot be ignored by the civilized world". The death toll from a suspected chemical weapons attack in northern Syria has risen to 86, a monitoring group said . (more...)
JPMorgan shareholders to vote again on separate chairman and CEO JPMorgan shareholders to vote again on separate chairman and CEO
- April 06, 2017

Also, insider Ashley Bacon sold 12,986 shares of JPMorgan Chase & Co. stock in a transaction on Tuesday, January 17th. That value represents a market adjusting for revenues that have been growing by 9.97 % on a quarterly year/year basis as of the company's last quarterly report. (more...)
United Airlines criticised for banning girls wearing leggings from flight
- April 06, 2017

Subsequently, United explained that the girls who had been blocked at the boarding gate were " pass riders ", people traveling for free or at very reduced rates because they were employees of the company or relatives. United defended the policy Sunday because pass riders are essentially "representing" the airline, a spokesperson told the New York Times . "I don't care what kind of passengers they were", said Watts. (more...)
Spain swoop targets uncle of Syria's Assad for alleged money laundering Spain swoop targets uncle of Syria's Assad for alleged money laundering
- April 06, 2017

Obama has called Syria his greatest foreign policy failure, and Trump cast no small amount of blame over the failed "red line" policy on the use of chemical weapons. The resolution would exacerbate tensions within Syria and throughout the region, she said. The White House has not said how the Trump administration intends to respond to the crisis in Syria. (more...)
Google invests in new undersea cable from Australia to Southeast Asia
- April 06, 2017

The cable system, formerly known as APX West and Central, will be deployed by Alcatel-Lucent Submarine Networks. "It will provide critical infrastructure for meeting the future growth in collaborative research and transnational education between Australia and our Asian partners ". (more...)
Border agency fields pitches for Trump's wall with Mexico
- April 06, 2017

Kelly was also pressed on separating mothers from their children at the border, but said that they would only be separated "if the child's life is in danger" or if the mother is an addict. Kelly, under questioning from Sen. The drop in arrests at the border also coincides with a trend that shows a steady drop of immigration from Mexico on the Southwest border, from more than 1.6 million in the year 2000 to just over 400,000 in 2016. (more...)
After Brexit, Britain Gets Into War of Words Over Gibraltar After Brexit, Britain Gets Into War of Words Over Gibraltar
- April 06, 2017

Disputes between Gibraltar and Spain over the waters are frequent but the latest comes days after the territory of some 33,000 people took centre stage in the wrangling over Britain's exit from the European Union, which was triggered on March 29. (more...)
Tesla just had its most productive quarter ever Tesla just had its most productive quarter ever
- April 06, 2017

While this year, deliveries of Model S were 13,450 and Model X were 11,550. Tesla also broke another quarterly record in the first 90 days of 2017: The largest number of vehicles produced. Meanwhile, however, Tesla has to continue earning revenue from its two existing products, with the five-year-old Model S remaining its mainstay. That was an increase for the company which has been investing greatly in raising production and faces a pricey year, with the release of the new Model 3. (more...)
US House votes to undo broadband privacy rules US House votes to undo broadband privacy rules
- April 06, 2017

Last week, the US Senate voted to permit ISPs to share - or sell - customers' browsing histories and other data without permission. Consumers cannot remove personal data from the hands of Internet service providers, but they can make it harder to collect. (more...)
Judge denies US request to delay Baltimore police reform hearing Judge denies US request to delay Baltimore police reform hearing
- April 06, 2017

The Justice Department on Monday asked the judge overseeing the plan, called a consent decree , to postpone for 90 days a scheduled hearing Thursday. The city remains "clearly resolved" to reform - "We're not going to back up". The Justice Department opened an investigation into allegations of misconduct in the Baltimore Police Department in 2015, after the death of Freddie Gray, a 25-year-old black man whose neck was broken in a police transport wagon, plunged the city into civil unrest. (more...)
Private sector adds 263000 jobs in March: ADP Private sector adds 263000 jobs in March: ADP
- April 06, 2017

The ADP figure is widely seen as a pre-indicator for the non-farm payrolls report due on Friday. However, investors are cautiously awaiting a meeting between Trump and Chinese President Xi Jinping that starts on Thursday.The meeting, which Trump expects will be a "very hard one", is likely to focus on North Korea's arms program and China-U.S. (more...)
The Many Possible Shapes Of Trump's Border Wall
- April 06, 2017

But Mr Kelly told the Senate committee: "It is unlikely that we will build a physical wall from sea to shining sea". Kelly said Wednesday that some sort of wall would be built but he did not have an estimate of how much it will cost US taxpayers and exactly where it would go. (more...)
Westinghouse files for bankruptcy protection Westinghouse files for bankruptcy protection
- April 06, 2017

SCANA Corporation (SCANA) (NYSE:SCG), today provided an update with regard to the impact of the Chapter 11 filing of Westinghouse Electric Company, LLC (WEC) on the new nuclear project at the V.C. It represents a further blow for the Japanese conglomerate, which has warned its losses for a year ago could exceed £7 billion - much more than initially anticipated. (more...)
A Two Year Tuition Freeze Approved by the Texas Senate A Two Year Tuition Freeze Approved by the Texas Senate
- April 06, 2017

Senate Bill 969, which provides amnesty to students who commit a student conduct code violation related to a sexual assault incident if they are a victim of that sexual assault or a reporting witness. After that, a governing board could raise tuition by no more than the rate of inflation plus 1 percent, provided that the school meets various performance metrics involving graduation rates and course-completion rates. (more...)
Trump condemns Syria attack but won't telegraph US response
- April 06, 2017

A resolution drafted by Britain, France, and the US stresses the Syrian government's obligation to provide information about its air operations, including the names of those in command of any helicopter squadrons on the day of the attack. The visuals from the scene were reminiscent of a 2013 nerve gas attack on the suburbs of Damascus that left hundreds dead and prompted an agreement brokered by the USA and Russian Federation to disarm Assad's chemical stockpile. (more...)
Is Flying Safe? Credible Terror Threats Cited In Airplane Electronics Ban Is Flying Safe? Credible Terror Threats Cited In Airplane Electronics Ban
- April 06, 2017

The ban encompasses electronic devices larger than a smartphone, meaning laptops, e-readers, and more. From this week, the U.S. will forbid passengers departing from Jordan, Egypt, Turkey, Saudi Arabia, United Arab Emirates, Kuwait, Morocco and Qatar from carrying laptops, tablets and even Kindles in their hand luggage. (more...)
Oil price declines as Libyan oil field resumes production
- April 06, 2017

This week, the next set of updates on crude oil stockpiles from the American Petroleum Institute and the Energy Information Administration could provide clues on how WTI crude oil price could fare. USA light crude was 25 cents higher at $50.49 a barrel. The news countered market sentiment in favour of some form of price supportive action by Opec at its next meeting in Vienna on 25 May 2017, and positive economic data from Asia, thereby ending a rally going back three sessions that saw the ... (more...)
Spicer: Ex-campaign chairman Paul Manafort has no role, not our problem Spicer: Ex-campaign chairman Paul Manafort has no role, not our problem
- April 06, 2017

Manafort's work for pro-Putin politicians in Ukraine , though, was well known by the time Trump hired him. In the 2014 case, Manafort used Cypriot shell companies as part of a almost $US19 million ($A25 million) deal with Russian billionaire Oleg Deripaska to purchase Ukrainian cable television provider Black Sea Cable. (more...)
Factory worker creates sparks at French election debate Factory worker creates sparks at French election debate
- April 06, 2017

The 48-year-old candidate said she will negotiate to restore French national sovereignty and will call a referendum where French voters would decide on the European Union and euro membership. Unlike that first debate, Tuesday's will feature all of the candidates and not just the top five, provoking fears it could become unwieldy. The others are Jacques Cheminade, who rails against the "domination" of global finance; the New Anti-Capitalist Party's Philippe Poutou; Nathalie Arthaud of the ... (more...)