Markets


China's Xi meets Trump, urges trade cooperation
- April 11, 2017

As the two leaders wrapped up a Florida summit overshadowed by USA missile strikes in Syria overnight, Xi joined Trump in stressing the positive mood of the meetings while papering over deep differences that have caused friction between the world's two biggest economies. (more...)
USA, Mexico and Canada announce 2026 World Cup bid USA, Mexico and Canada announce 2026 World Cup bid
- April 11, 2017

But the good news for Canada, which has qualified just once for the men's World Cup - in 1986, when host Mexico was out of the CONCACAF qualifying picture - is the push to maintain the tradition of having the tournament host (s) automatically qualify. (more...)
Wells Fargo board untouched in scandal - so far Wells Fargo board untouched in scandal - so far
- April 11, 2017

Wells Fargo's board says that it has clawed back $67 million from Tolstedt and $69 million from Stumpf , and that a total of more than $180 million in compensation is being taken back by the bank from various senior executives. Tolstedt gave up $19 million in September 2016. During the board investigation, Stumpf was "totally cooperative", though he didn't express "regret" of his actions, according to Stuart Baskin, the Shearman & Sterling partner who led the probe. (more...)
Lewis Hamilton roars to victory in Chinese Grand Prix
- April 11, 2017

The three-time world champion dominated from pole to finish at the Shanghai International Circuit in the main race, that was filled with action, on a track that initially was damp but started to dry after the first few laps. Bottas slid his vehicle attempting to keep the tires warm and when the safety auto pulled in, Hamilton led from Ricciardo, Verstappen, Raikkonen and Vettel with the top five separated by less than a second. (more...)
Syria war: United States 'disappointed' at Russia's Syria stance
- April 11, 2017

Despite his animosity toward Obama, Trump initially shared his predecessor's conviction regarding the Syrian conflict. The Washington Post noted , "the Obama administration had a tendency to oversell what was accomplished, perhaps because Obama received so much criticism for not following through on an attack if Syria crossed what Obama had called 'a red line'". (more...)
Neil Gorsuch sworn in as newest Supreme Court justice
- April 11, 2017

In addressing the American people, he said he is humbled by the trust that's been bestowed on him. Gorsuch's swearing-in at the White House was also symbolic. The Supreme Court, and Trump's power to appoint at least one justice, if not more, was a key reason many conservatives backed Trump in the primary against a host of other Republican challengers. (more...)
Foxconn may bid up to $27-billion for Toshiba's chip business Foxconn may bid up to $27-billion for Toshiba's chip business
- April 11, 2017

In that case, he also made an extremely high opening bid to pressure management into negotiations, only to later backtrack and reduce his offer. The report comes after billionaire tycoon and Foxconn founder Terry Gou said last month that the company is "definitely bidding" for Toshiba's chip business and is "very confident" it can secure a deal, Reuters reported . (more...)
Russian Federation hits back at United Kingdom and Boris Johnson over cancelled Moscow visit
- April 11, 2017

We had multiple meetings to discuss those options. On ABC's "This Week," Tillerson sounded a bit more modest, and insisted that the administration's overall goals in Syria remain the same. Gen. H.R. McMaster, left, talks at Trump's Mar-a-Lago estate in Palm Beach, Fla.in February. Instead, he was thrust to the forefront after photos of the bodies piled in heaps in Idlib, Syria, dramatically altered the agenda. (more...)
Gender pay gap reporting begins Gender pay gap reporting begins
- April 11, 2017

Elected leaders weighed in on the disparity found between men's and women's salaries as people marked Equal Pay Day Tuesday. That gap is more severe for minority women. In 2016 the gender pay gap stood at 18.1%, the ethnicity pay gap at 5.7%, and the disability pay gap at 13.6%. Equal Pay Day celebrated Tues. across. (more...)
Lewis Hamilton dominates to win Chinese Grand Prix from Sebastian Vettel's Ferrari
- April 11, 2017

Sebastian Vettel battled past his teammate to take second place, whilst Red Bull were having their own inter-team battle. Then at the longer faster circuits like Suzuka I think we're going to be in a real strong position. "Lewis was quick. full stop", Vettel conceded. "It's often when you want to gain something, you tend to decide to take a risk". After the race Raikkonen voiced his frustration with his strategy and made it clear "much more" would have been possible if he had been allowed to ... (more...)
Grrrrr: Fresno, Sacramento make dog bite list
- April 11, 2017

The top three cities with the most attacks were Los Angeles (80), Houston (62) and Cleveland (60). Put your dog in a separate room behind a closed door before opening your front door to receive packages or mail. Fresno is 30th with 19 incidents reported past year. "We will send you a notice saying that because the carriers in fear of delivering to your particular house, then you'll have to come pick up your mail at the post office", says Dando. (more...)
What are your rights if you are forced off an overbooked flight?
- April 11, 2017

Anspach shared the video on Twitter and wrote , "@United overbook #flight3411 and chose to force random passengers off the plane. It emerged that the man - who claimed to be a doctor - had been picked at random to leave the Louisville-bound flight after the airline unsuccessfully appealed for volunteers to give up their seats. (more...)
Tesla Inc. (NASDAQ:TSLA): Model S Sales Are Back on Track Tesla Inc. (NASDAQ:TSLA): Model S Sales Are Back on Track
- April 11, 2017

According to the electric auto maker, it delivered 13,450 units of the Model S and 11,550 of the larger Model X. The record-setting figure also shows Tesla bouncing back from a fourth quarter when it missed its projection of 25,000 deliveries, with only 22,200 electric vehicles delivered that caused the company to fail its full-year 2016 target of 80,000 delivered vehicles. (more...)
Hamilton roars to victory in China
- April 11, 2017

Notably, Hamilton revealed that he had told Vettel that he would be eyeing revenge after the latter piped the former to win the season-opening Australian Grand Prix last month. "We've not made any changes to it, but we've come to a cooler track, we've taken the knowledge from the last race and applied it to this weekend", Hamilton said. (more...)
Billionaire Hedge Fund's Proposal for BHP Gets Cautious Reaction
- April 11, 2017

Metals and Mining analyst Peter O'Connor has told Sky News actions won't necessarily drive shares. Elliott published a letter that outlines a proposal for changes to the Group's Dual Listed Co. It claimed that the reforms it proposed would create 48% more value for Australian shareholders and 51% more value for London shareholders. While most of its investments aren't activist - where it amasses shares and seeks changes to boost shareholder returns - it's those campaigns that often attract ... (more...)
Wells claws back $75 million from top execs in sales scandal Wells claws back $75 million from top execs in sales scandal
- April 11, 2017

The brunt of the blame, however, seems to fall to Tolstedt , whom the report asserts was the source of numerous unrealistic sales goals that led to branch managers unscrupulous tactics over multiple years. Mr. Stumpf's successor as CEO, Timothy Sloan, was among eight other executives who didn't receive 2016 cash bonuses, and who received certain equity clawbacks. (more...)
United States warships deployed to Korean peninsula United States warships deployed to Korean peninsula
- April 11, 2017

On Fox News , Lt. Gen. H.R. McMaster, Trump's national security adviser, defended the deployment, describing North Korea as a "rogue regime" with a "pattern of provocative behavior". Originally scheduled to make port calls in Australia, the strike group - which includes the Nimitz-class aircraft supercarrier USS Carl Vinson is now headed from Singapore to the Western Pacific Ocean. (more...)
Thousands of Venezuelans demonstrate against opposition leader ban Thousands of Venezuelans demonstrate against opposition leader ban
- April 11, 2017

On Saturday, Capriles announced that he been barred by the Venezuelan government from running for any political office for the next 15 years. According to the decision of the comptrollers office, as told by Capriles to the local media, he accepted donations, gave out contracts without bidding and did not submit the budget bill on his governance in 2013. (more...)
Marshawn Lynch Reportedly Open To Playing For Patriots
- April 11, 2017

However, if the Oakland native is unable to reach terms with the silver and black, a signing with the Patriots would be quite the statement from Lynch. The Patriots have plenty of options at running back. Lynch, of course, has a bit of history with New England. Lynch got a massive contract from the Seahawks a few years back, but those kinds of deals no longer exist at the position. (more...)
Delta customers continue to face delays, described 'chaos' at RDU Friday
- April 11, 2017

Josh Preston, a Delta customer, said he was issued two more tickets after a flight cancellation, and "boarded three separate aircraft.all of which either were ground-stopped or never left the gate". This schedule disruption falls on one of the busiest travel weeks of the year including Spring Break. The airline and travelers should be helped by the weather, as forecasts call for a mostly rain-free week in the Atlanta region, with showers expected Wednesday and Friday. (more...)

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