Markets


Trump advisers Stephen Bannon, Jared Kushner 'hold peace talks'
- April 16, 2017

But the president is considering a range of options, including a shift in role for Bannon, who has become increasingly isolated in the White House as other power centers have grown, as well as additional senior staff. One prominent Bannon supporter, Roger Stone, also a political confidant to Trump, even went on air to complain that Kushner was planting stories against Bannon in the media. (more...)
United modifies policy for booking crew on crowded flights
- April 16, 2017

On Friday , a United spokeswoman said the airline changed its policy to require traveling employees to book a flight at least 60 minutes before departure. The airline also said all passengers on the flight would get a refund. The Louisville Male High School teacher said he and seven of his students were returning home from a spring break trip when the scuffle broke out between aviation police and Dao. (more...)
'It's been very much misreported that we failed with healthcare'
- April 16, 2017

Secretary of State Rex Tillerson, after meeting with Russian President Vladimir Putin on Wednesday, said relations between the countries are 'at a low point.' Does President Donald Trump still see an opportunity for a reset? But he suggested the administration wouldn't hesitate to go its own way. (more...)
Wells Fargo Reports On Sales Scandal
- April 16, 2017

The report said Shearman & Sterling is completing reviews of nine employees who reported being fired after calling Wells Fargo's ethics line phone number to submit tips about unethical sales practices. "Tolstedt and certain of her inner circle were insular and defensive and did not like to be challenged or hear negative information". She "mismanaged" the bank's response to the aggressive sales tactics that seemed to breed bad behavior, submitting reports to the board that were "viewed by ... (more...)
Tesla will unveil electric lorry in September
- April 16, 2017

Tesla Inc.'s plans to pad its lineup of electric vehicles are taking shape, with Elon Musk sketching out a timeline for the arrival of a semi truck, pickup and sports auto. The addition of a semitrailer and pickup could boost the lineup, but Tesla does not now have facilities to manufacture trucks or semis. The company is gearing up to build its widely anticipated Model 3 mid-market sedan. (more...)
New York Just OK'd Tuition-Free College For Middle Class New York Just OK'd Tuition-Free College For Middle Class
- April 16, 2017

The assembly approved it Saturday and the Senate approved it Sunday. The state program provides free tuition for the State University of ny system for families earning less than $100,000 a year in 2017, increasing it to $110,000 in 2018 and $125,000 in 2019. (more...)
Tottenham roll on, now seek a helping hand Tottenham roll on, now seek a helping hand
- April 16, 2017

Son netted Tottenham's second goal to take his season tally to 19 and become the highest-scoring South Korean in a single European season since Cha Bum-kun at German club Bayer Leverkusen in 1985-86. If they don't get any points tomorrow, it would be fantastic but still they are the favourites to win the Premier League. EPL top scorer Romelu Lukaku struck Everton's third, taking his season tally to 24. (more...)
Apple handed self-driving test permit
- April 16, 2017

The Cupertino firm has always been rumored to be working on a secret " Project Titan " linked to vehicles, but it never confirmed that. "This is not necessarily automobiles as initially rumored, but software or possibly hardware associated with autonomous technology", Theodore said . (more...)
Theresa May defends Saudi Arabia trip after human rights concerns Theresa May defends Saudi Arabia trip after human rights concerns
- April 16, 2017

May and Saudi King Salman held talks focused on "bilateral relations and cooperation" as well as "regional and worldwide developments", the official news agency SPA said . Activists accuse Saudi Arabia of committing war crimes against civilians in Yemen, a charge Riyadh denies. The prime minister's approach to relations with states like Saudi Arabia is seen by colleagues as hard-headed - critics say cold. (more...)
Twitter withdraws lawsuit against Trump administration
- April 16, 2017

Customs and Border Protection has withdrawn the summons and that the summons no longer has any force or effect". This is a freedom of speech issue. That said, an explanation was not provided, Homeland Security asked for Twitter to keep the summons secret, and ultimately the whole thing fell apart in less than 24 hours. (more...)
United Airlines Changes Policy After Doctor Dragged Off Flight United Airlines Changes Policy After Doctor Dragged Off Flight
- April 16, 2017

Airlines are reviewing their policies to increase compensation to those who voluntarily agree to leave overbooked flights, in the wake of the violent removal of a United Airlines passenger this week. Mr Bell said staff were "fantastic" during Sunday's incident and called doctors on the ground to make sure he was not in danger. "Drop United is a Chrome extension that drags United Airlines off your flight search results". (more...)
Tuesday deadline looms to file taxes Tuesday deadline looms to file taxes
- April 16, 2017

Every year we tell ourselves that we're adults now, that we're going to be more organized, that we're going to file our taxes in January and put our return into retirement savings instead of blowing it all on whimsical throw pillows and Seamless orders. (more...)
How United Airlines added insult to injury in Dr David Dao case
- April 16, 2017

Meanwhile, United is re-working parts of its overbooking policy that were at fault in the incident. The policy change comes almost a week after a passenger was forcibly removed from a flight so a crew member could take his seat. While this policy change is certainly a step in the right direction for the airline's paying customers, United still has a lot of work to do to fully recover from this fiasco. (more...)
Nintendo sold over 906k Switch consoles in the United States last month Nintendo sold over 906k Switch consoles in the United States last month
- April 16, 2017

This is similar to the debacle of the Galaxy Note 7 being followed by the Galaxy S8. Fast forward to today, and Nintendo has finally announced its official sales numbers for March, at least in the US. Most of the reviews posted for the Nintendo Switch have been positive, though there have been some problems occasionally. But what about Breath of the Wild's insane 102% attach rate on the Switch? Thus, the 2DS, which is one solid hunk of plastic that plays all 3DS games perfectly. (more...)
Petroleo Brasileiro S.A.- Petrobras (NYSE:PBR) Reviewed By Analysts
- April 16, 2017

The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that calculates the speed and change of price movements. Hedge funds and other institutional investors own 6.03% of the company's stock. Zacks Investment Research raised Petroleo Brasileiro SA Petrobras from a "sell" rating to a "hold" rating in a research report on Tuesday, March 21st. (more...)
Delta Cancelled 3000 Flights This Week...and People Are Pissed
- April 16, 2017

A key problem was that the thunderstorms hitting Atlanta lasted longer and were more severe than Delta was prepared for, with waves of storm cells continuing through Wednesday and into the night. Delta communications manager Michael Thomas says stranded passengers at Nashville International Airport in Tennessee received 160 pizzas along with 60 footlong subs. (more...)
Japanese Sales: Switch Sells 41000, Zelda and MH perform strongly
- April 16, 2017

No, it's not the fastest selling game system in history. The Nintendo Switch console goes on sale today and retails for 300 dollars. In second place, the PlayStation 4 outsold the Xbox One in March, making it the fifth month in a row. Nintendo Switch has sold around 906,000 units and Breath of the Wild has sold around 925,000 copies; can you notice something? Nintendo President Reggie Fils-Aime also called Breath of the Wild the best standalone launch title in Nintendo history just ... (more...)
Trade adviser turns on Trump over his China currency U-turn Trade adviser turns on Trump over his China currency U-turn
- April 16, 2017

No countries were determined to have met all three of these criteria, but Japan , South Korea , Taiwan, Germany and Switzerland all met two of them. The report said China remained on the list because of its "disproportionate share of the overall USA trade deficit", despite that China's current account surplus was only 1.8 per cent of GDP in 2016, sharply down from 2.8 per cent of GDP in 2015. (more...)
Gorsuch sworn into Supreme Court, restores conservative tilt
- April 16, 2017

That will be followed by a public White House ceremony, where Justice Anthony Kennedy is to administer the oath set by federal law. The new justice joined President Donald Trump , members of the nation's high court and his family for a Rose Garden ceremony. (more...)
Abbott Laboratories seals Alere deal at lower price Abbott Laboratories seals Alere deal at lower price
- April 16, 2017

The new agreement, valuing Alere's equity at $4.4 billion, was expected to be announced imminently, the FT reported. At the time the two USA -based companies said that the deal would boost Abbott's diagnostics business to about $7 billion in sales after the deal closed. (more...)