Markets


Schools closing in Alabama ahead of severe storm Schools closing in Alabama ahead of severe storm
- April 06, 2017

Wind gusts will be a primary concern for the region, with Stafford and King George counties potentially seeing wind gusts higher than 60 miles per hour, says Kevin Witt, a weather service meteorologist. A watch is issued when conditions are favorable for those conditions, whether it's a severe storm or a tornado, to form. A risky weather system packing severe thunderstorms was expected to roll through the U.S. (more...)
BP Slashes CEO's Remuneration By 40% After Shareholder Backlash BP Slashes CEO's Remuneration By 40% After Shareholder Backlash
- April 06, 2017

It says the resulting proposals will "better align pay and performance". The move comes after shareholders revolted over a decision to bump chief executive Bob Dudley's compensation by 20% in 2015-a period when the company lost $5.2 billion. (more...)
Toronto stock index retreats from recent intraday high, loonie steady Toronto stock index retreats from recent intraday high, loonie steady
- April 06, 2017

Advertisment Equities in Toronto came off their highs of the morning, but stayed positive by midday Wednesday, as oil prices fluctuated after the release of US inventory data, while lower gold prices weighed on some mining shares. The late-day decline for the TSX was also driven by the heavyweight energy sector as oil prices came off one-month highs after a surprise rise in USA crude inventories. (more...)
Oil at near one-month high on supply outage in North Sea
- April 06, 2017

Crude palm oil prices were up by 1.50 per cent to Rs 506.50 per 10 kg in futures trade today as traders created fresh positions, supported by pick-up in demand at the spot market. This suggests that the re-balancing is happening at a much faster pace than the market has previously expected. US crude stocks fell by 1.8 million barrels last week to 533.7 million, still a near all-time record, according to data released late Tuesday from the American Petroleum Institute. (more...)
Springer's HR in 13 gives Astros 5-3 win over Mariners Springer's HR in 13 gives Astros 5-3 win over Mariners
- April 06, 2017

Paxton will be facing a familiar foe in his season debut as he made two of his final three starts of 2016 against the Astros . Though the end result was negative, the fact that the Mariners got so many hitters on base and into scoring position was a huge positive. (more...)
Trump defends Fox host Bill O'Reilly amid sex claims Trump defends Fox host Bill O'Reilly amid sex claims
- April 06, 2017

Fox News and O'Reilly have settled five claims of sexual harassment against the host for a total of US$13 million (including the largest of US$9 million settled by O'Reilly himself). While more than a dozen companies had deserted their advertising bookings in time for Tuesday night's broadcast, the show was not at a loss during ad breaks - around 30 advertisements ran. (more...)
Constitutional Option Unstoppable: John McCain and Lisa Murkowski Will Vote Yes
- April 06, 2017

In January of this year, before Trump announced Gorsuch as his choice, Merkley was quoted atop a Politico piece saying he would help lead a Senate blockade of any realistic Supreme Court appointment. He was also an advocate for the use of the nuclear option by Democrats in 2013 when their party was in the majority and Republicans objected to some executive branch nominees and judicial nominations. (more...)
Softbank reworking sale plan of Snapdeal; decision in few weeks Softbank reworking sale plan of Snapdeal; decision in few weeks
- April 06, 2017

Just two weeks after the company raised about $1 billion in a fresh funding round, Flipkart is again all-set to raise another $1.2 billion to $1.5 billion in a new round. SoftBank, which has a 30% stake in Snapdeal, is believed to have recently agreed to inject $100 million into the company as an interim measure. "Cash is running out" at Snapdeal, said one of the sources, "But a compromise will be reached only if the deal makes financial sense for everyone". (more...)
Trump signs bill repealing U.S. internet privacy rules
- April 06, 2017

Verizon's privacy officer Karen Zacharia made a blog post on Friday saying that the company now has two internal programs active that use customer browsing data, one to enable marketers to access "de-identified information to determine which customers fit into groups that advertisers are trying to reach", and another which "provides aggregate insights that might be useful for advertisers and other businesses". (more...)
GST Council to take decision on rates in May GST Council to take decision on rates in May
- April 06, 2017

In a major breather for J&K Government, the Centre has agreed that Jammu & Kashmir assembly will have to pass special laws for implementation of the Goods and Services Tax as its current Constitutional status does not mandate the applicability of the new indirect tax reform in the state. (more...)
Georgia tornado, apparent twisters, rain around Southeast Georgia tornado, apparent twisters, rain around Southeast
- April 06, 2017

It tallied numerous reports of hail and high winds and listed 10 possible tornadoes - eight in Georgia, one in IN and one in SC. The National Weather Service has confirmed four tornadoes touched down in the state's northwest during severe weather earlier this week. (more...)
Madonsela calls on Zuma to withdraw opposition to 'state capture' report Madonsela calls on Zuma to withdraw opposition to 'state capture' report
- April 06, 2017

S&P said the cut to below investment grade reflects "heightened political and institutional uncertainties" following Zuma's shock purge of critical ministers. NAN reports that on March 30, Leader of a South African opposition party, Julius Malema, filed for disciplinary or impeachment proceedings against Zuma in a court application . (more...)
Kejriwal has cheated people of Delhi: BJP on Shunglu committee report Kejriwal has cheated people of Delhi: BJP on Shunglu committee report
- April 06, 2017

Releasing a copy of the report at the AICC headquarters here, party leader and DPCC president Ajay Maken charged AAP, particularly Kejriwal, of engaging in corruption and nepotism. It examined 404 Files of Kejriwal Govt. Maken also said that the Congress supporters and workers on Friday would stage a protest against AAP in all 272 wards of Delhi and make people aware about the AAP government's "wrongdoing" as highlighted in the Shunglu Committee report. (more...)
Kerala observes shutdown to protest police high-handedness
- April 06, 2017

The parents have continued to protest, demanding the arrest of those responsible for their son's death. "Day by day the government is becoming a shameless institution", Mathew wrote. Most accused in the case have not been arrested. Meanwhile, Jishnu's mother and uncle, undergoing treatment at the Thiruvananthapuram medical college hospital, started a hunger strike. (more...)
Republicans ask UW to research more uses for milk
- April 06, 2017

He said ultimately, these actions are aimed at removing competition for Canada's dairy industry. Grassland alone exports about $100 million worth of ultrafiltered milk annually. USDEC accomplishes this through programs in market development that build global demand for US dairy products, resolve market access barriers and advance industry trade policy goals. (more...)
Uber's Self-Driving Cars Return To Roads After Accident
- April 06, 2017

The incident occurred when another vehicle turned left in front of the Uber , causing the collision and the self-driving auto to roll onto its side, reported 12 News . On Friday they suspended the trials, following an accident that involved one of the autonomous vehicles . However, the counter-argument to this lies in the fact that there is human error. (more...)