Markets


Consumer prices down 0.3 percent in March Consumer prices down 0.3 percent in March
- April 14, 2017

Rents increased 0.3 percent last month after a similar gain in February. The so-called core CPI, which strips out food and energy costs, fell 0.1 %, the first and largest decrease since January 2010, after rising 0.2 % in February. Over the past 12 months, it's up 2%, the smallest gain since the fall of 2015. The Federal Reserve has a 2-per-cent inflation target and tracks an inflation measure which is now at 1.8 per cent. (more...)
Lions Club annual Easter Egg Hunt Saturday
- April 14, 2017

Thursday at Melvin Park. Around 16,000 eggs are filled with candy and toys for children ages 3-10 to find. An Easter bunny will be visiting with children on the fields at both hunts. Other churches in the surrounding communities will also be sponsoring their own egg hunts for their congregations. There will be face painting, sidewalk chalk, games, community helpers and a fire truck to explore. (more...)
US Drops Largest Nonnuclear Bomb In Eastern Afghanistan US Drops Largest Nonnuclear Bomb In Eastern Afghanistan
- April 14, 2017

There were no civilian casualties, according to the Ministry of Defense statement, which also said that several IS caves and ammunition caches were destroyed. At more than 30 feet long, it's too big to fit inside the weapons bay of a standard Air Force bomber. The Afghan Defense Ministry said no civilians were affected by the MOAB, and that the blast resulted in the deaths of up to 36 presumed terrorists. (more...)
Video captures moment 'mother of all bombs' hit ISIS cave network Video captures moment 'mother of all bombs' hit ISIS cave network
- April 14, 2017

According to Indian intelligence officials, Murshid Mohammed, in his 20s, who hailed from Kasaragode in Kerala, was among the IS militants killed after the United States military struck the IS' position in Nangarhar province, near the Pakistan border, on Thursday with a massive 10-tonne missile-powered bomb. (more...)
Back to drawing board, Trump seeks GOP consensus on taxes
- April 14, 2017

Chris Whalen, an independent financial analyst said, "If they went with repatriation instead of a corporate tax cut, that's going to take a lot of wind out of the markets sails". It's an issue Democrats think makes the GOP politically vulnerable, and one the party strategists say they'll continue to push in the months ahead. The split forced GOP leaders to pull an initial health care bill moments before it hit the floor last month. (more...)
China-backed fund to acquire Xcerra for $580 million
- April 14, 2017

Stifel Nicolaus boosted their target price on Xcerra Corp from $8.00 to $9.00 and gave the company a "buy" rating in a research report on Wednesday, January 11th. The analysts estimated EPS for the higher end at -0.01 and lower end at -0.02 while the year ago reported earnings per share was 0. Xcerra Corporation (NASDAQ:XCRA) last issued its quarterly earnings results on Thursday, December 1st. (more...)
Mourinho: United defence can be upset with attackers
- April 14, 2017

There were a lot of good things". "They are one of the best teams in England, no doubt". "In my poor English I can not find a better word [than sloppy]". We were very solid defensively and that is not just about the defenders, it's about the team as a team. "If I was a Manchester United defender, I would be very upset with the attacking players", Mourinho said after his team converted only one of its 16 shots on goal. (more...)
United to compensate passengers on flight at centre of passenger-dragging scandal United to compensate passengers on flight at centre of passenger-dragging scandal
- April 14, 2017

United Chief Executive Officer Oscar Munoz on Wednesday apologized to Dao and said the company would no longer use law enforcement officers to remove passengers from overbooked flights. Two more officers involved in dragging a United Airlines passenger off a plane have been placed on administrative leave, according to a statement provided to Yahoo News. (more...)
PNC Bank reports increase in 1Q 2017 earnings
- April 14, 2017

Following the completion of the sale, the insider now owns 23,820 shares of the company's stock, valued at $3,058,488. PNC Financial Services Group Inc has a 1-year low of $77.40 and a 1-year high of $131.83. Stock's weekly performance expressed down trend of -0.10%. The ex-dividend date of this dividend is Wednesday, April 12th. The Hartford Financial Services Group, Inc.is a holding firm for insurance and financial services subsidiaries. (more...)
Thumbs up: Wells Fargo claws away at problem
- April 14, 2017

Wells Fargo's board said on Monday that it would claw back an additional $75 million in compensation from the two executives on whom it pinned most of the blame for the company's sales scandal: the bank's former chief executive, John G. Many current and former employees have talked of intense and constant pressure from managers to sell and open accounts, and some said it pushed them into unethical behaviour. (more...)
Trump reverses course, vows to tackle health care 'first'
- April 14, 2017

Trump is threatening the health care coverage of tens of millions of Americans, along with wrecking the entire health insurance market because he is mad that Democrats won't go along with his plan to kill the ACA and replace it with a plan that would throw 24 million people off their coverage. (more...)
Cass Sunstein: How to ease the pain of airline overbooking Cass Sunstein: How to ease the pain of airline overbooking
- April 14, 2017

The problem comes when the airline can not find anyone who will accept the offered compensation. Airlines should send texts to passengers on an overbooked flight, asking for bids on how much they will take to give up their seats. "The key is managing [overbookings] before you get to the boarding process". Airlines have negotiated fares for such situations. Of course, paying more helps too. (more...)
China warns war could break out any moment in the Korean peninsula
- April 14, 2017

The U.S. has sent the Carl Vinson aircraft carrier and its strike group near waters off the Korean Peninsula again. "China will actively work to protect the security of a denuclearized North Korean nation and regime", the Global Times reported. (more...)
US Retail Sales Dip 0.2% In March Amid Lower Auto Sales US Retail Sales Dip 0.2% In March Amid Lower Auto Sales
- April 14, 2017

The American retail economy contracted for the second straight month in March - sparking fears of recession and placing additional pressure on the administration of US president Donald Trump. Yet for the most part, USA retailers are generally still doing well, particularly certain segments such as online stores, home-and-garden centers and drug stores. (more...)
College presidents sound off on free tuition College presidents sound off on free tuition
- April 14, 2017

However, they will be responsible for costs of room and board and other fees, if they choose to live on campus. Per the initiative, students who do get the scholarship must live and work in NY after graduation for the same amount of years as they receive funding. (more...)
Petrol bomb sparks fire at Le Pen's Paris campaign building Petrol bomb sparks fire at Le Pen's Paris campaign building
- April 14, 2017

The French judges, who opened an inquiry last December, on March 29 filed a request letter with the prosecutor's office and the justice ministry, broadcasters Europe 1 and France Inter reported. Le Pen, 48, is one of the frontrunners in the first round vote, to be held on April. 23. "It is not France ", Le Pen said. The poll showed Macron winning that face-off with 63 per cent of votes. (more...)
BC political parties focus on pocketbook issues on eve of provincial election
- April 14, 2017

The Liberal leader visited the lieutenant-governor to formally start the election and emerged to remind voters that British Columbia has had Canada's fastest-growing economy. "How are you going to help us with the long-term plans of managing congestion?" "They just want to quit". Lower costs but better jobs and services - that was NDP leader John Horgan's motto as he kicked off his party's provincial election campaign in Surrey on Sunday. (more...)
Demonstrators arrested at Trump Tower after immigration protest Demonstrators arrested at Trump Tower after immigration protest
- April 14, 2017

The demonstration led security forces to close public accesses to the Trump Tower. About 50 people with the activist group " Rise and Resist " had gone into the tower to protest Trump's stance on immigration, according to protester Ray Black. (more...)
Pirates at Red Sox Pirates at Red Sox
- April 14, 2017

Reigning AL Cy Young Award victor Rick Porcello (1-0) gave up 3 runs and 6 hits in 61/3 innings while striking out five. "I thought the wind was going to hold it up a little bit", Benintendi said. "It was great. They were kind of making fun of the whole jersey getting taken thing", said center fielder Jackie Bradley Jr ., whose two-out triple ignited the five-run fifth and who also made a terrific catch against the bullpen in the triangle. (more...)
Bismarck Optimist Club hosts Capitol Grounds Easter egg hunt
- April 14, 2017

The hunt will be on for all things sweet and chocolatey at Durban's first Botanic Gardens Easter Eggsplorer Egg Hunt which will take place on April 15 and 16, 2017. The egg hunt is sponsored by Ald. As always, the Special Guest of Honor will be the Easter Bunny who will be there to meet and greet all of his fans (e.g. (more...)

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