Markets
Verizon Promises To Stop Throttling First Responders 08/27/2018
- August 26, 2018
Firefighters monitor a backfire while battling the Ranch Fire, part of the Mendocino Complex Fire , Aug. 7, 2018, near Ladoga, Calif. Santa Clara County Fire Department chief Anthony Bowden testified Friday before Verizon announced the plan. (more...)
- August 26, 2018
Firefighters monitor a backfire while battling the Ranch Fire, part of the Mendocino Complex Fire , Aug. 7, 2018, near Ladoga, Calif. Santa Clara County Fire Department chief Anthony Bowden testified Friday before Verizon announced the plan. (more...)
Money and loyalty: A look inside dramatic Trump-Cohen rift
- August 26, 2018
Weisselberg was called to testify before a federal grand jury earlier this year, the Journal said. With Cohen's involvement, the publication began questioning former president Barack Obama's birthplace and American citizenship in print, an effort that Trump promoted for several years, former staffers said. (more...)
- August 26, 2018
Weisselberg was called to testify before a federal grand jury earlier this year, the Journal said. With Cohen's involvement, the publication began questioning former president Barack Obama's birthplace and American citizenship in print, an effort that Trump promoted for several years, former staffers said. (more...)
Kalashnikov takes the fight to Tesla with baby-blue seventies swagger
- August 26, 2018
The auto, called CV-1, was unveiled at a defence expo near Moscow and, and according to the company, was inspired by a 1970s Soviet hatchback model called "Izh-Kombi". "We're talking about how to compete with that Tesla, because now it is a successful project in the field of electric vehicles". There's no word on how much the electric auto will cost, when it's expected to go on sale or if Kalashnikov plans to sell it outside Russian Federation, the newspaper says. (more...)
- August 26, 2018
The auto, called CV-1, was unveiled at a defence expo near Moscow and, and according to the company, was inspired by a 1970s Soviet hatchback model called "Izh-Kombi". "We're talking about how to compete with that Tesla, because now it is a successful project in the field of electric vehicles". There's no word on how much the electric auto will cost, when it's expected to go on sale or if Kalashnikov plans to sell it outside Russian Federation, the newspaper says. (more...)
Oil edges up as US crude stocks fall, Iran sanctions weigh
- August 26, 2018
Oil prices dipped last Friday, with US crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit demand for petroleum products as inventories build. A weaker dollar makes oil less expensive for buyers using other currencies. With India seeking ways to maintain its bilateral ties with Iran in the face of USA sanctions reimposed on the Gulf nation, a London-based worldwide law firm said on Thursday that Iran's major energy ... (more...)
- August 26, 2018
Oil prices dipped last Friday, with US crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit demand for petroleum products as inventories build. A weaker dollar makes oil less expensive for buyers using other currencies. With India seeking ways to maintain its bilateral ties with Iran in the face of USA sanctions reimposed on the Gulf nation, a London-based worldwide law firm said on Thursday that Iran's major energy ... (more...)
Prosecutors grant Trump Organization CFO Allen Weisselberg immunity in Cohen probe
- August 26, 2018
What Trump said about flipping The US president said it might be better if "flipping" were illegal because people "just make up lies". Two executives at American Media Inc., which publishes the National Enquirer , a supermarket tabloid reportedly involved in making the payments, have also been granted immunity in the investigation, Vanity Fair magazine reported . (more...)
- August 26, 2018
What Trump said about flipping The US president said it might be better if "flipping" were illegal because people "just make up lies". Two executives at American Media Inc., which publishes the National Enquirer , a supermarket tabloid reportedly involved in making the payments, have also been granted immunity in the investigation, Vanity Fair magazine reported . (more...)
Trump Organization financial chief Weisselberg 'given immunity'
- August 25, 2018
On Thursday, David Pecker , the CEO of the company that owns the tabloid The National Enquirer , was also granted immunity in the investigation . In addition to being the longtime chief financial officer of the Trump Organization , Weisselberg is also one of two trustees of the trust that controls the president's assets. (more...)
- August 25, 2018
On Thursday, David Pecker , the CEO of the company that owns the tabloid The National Enquirer , was also granted immunity in the investigation . In addition to being the longtime chief financial officer of the Trump Organization , Weisselberg is also one of two trustees of the trust that controls the president's assets. (more...)
UK Government and businesses intensify focus on planning for no-deal Brexit
- August 25, 2018
Ben Bradshaw, an MP from the People's Vote campaign seeking another referendum on Brexit, said Britain was in a "shambolic situation" faced with a "false choice between a botched Brexit or a no deal Brexit ". "We need to be clear that a "no deal" scenario is not in the interest of patients". However, the United Kingdom government stated that the publication of the technical notices has been made necessary by the approaching exit date, rather than as an indication that a no-deal Brexit is ... (more...)
- August 25, 2018
Ben Bradshaw, an MP from the People's Vote campaign seeking another referendum on Brexit, said Britain was in a "shambolic situation" faced with a "false choice between a botched Brexit or a no deal Brexit ". "We need to be clear that a "no deal" scenario is not in the interest of patients". However, the United Kingdom government stated that the publication of the technical notices has been made necessary by the approaching exit date, rather than as an indication that a no-deal Brexit is ... (more...)
Democrats Demand Oversight on Cohen Plea, Presidential Pardons
- August 25, 2018
In just four days since the president's former personal lawyer and fixer pleaded guilty to eight felonies, he has raised more than $155,000 from almost 3,000 donations through a GoFundMe page asking for help with his legal bills as he goes through a "journey to tell the truth about Donald Trump ". (more...)
- August 25, 2018
In just four days since the president's former personal lawyer and fixer pleaded guilty to eight felonies, he has raised more than $155,000 from almost 3,000 donations through a GoFundMe page asking for help with his legal bills as he goes through a "journey to tell the truth about Donald Trump ". (more...)
US stocks up, S&P 500 reaches record closing high
- August 25, 2018
The bull market in USA stocks is now the longest on record . The Dow gained 133 points, or 0.5 per cent, to 25,790. The optimism pushed the small-cap Russell 2000 index up as much as 0.82 percent to a record high. "The only way this is the longest bull market on record is if you 1) call the 19% decline in 1990 a bear market, 2) don't call the 19% decline in 1998 a bear market, and 3) don't call the 19% decline in 2011 a bear market", Bespoke tweeted . (more...)
- August 25, 2018
The bull market in USA stocks is now the longest on record . The Dow gained 133 points, or 0.5 per cent, to 25,790. The optimism pushed the small-cap Russell 2000 index up as much as 0.82 percent to a record high. "The only way this is the longest bull market on record is if you 1) call the 19% decline in 1990 a bear market, 2) don't call the 19% decline in 1998 a bear market, and 3) don't call the 19% decline in 2011 a bear market", Bespoke tweeted . (more...)
Mexican trade official says NAFTA deal with U.S. may be hours away
- August 25, 2018
President TrumpDonald John TrumpConsultant secures Democratic nomination in Wyoming House race Wyoming treasurer wins GOP gubernatorial nod, beating Trump-backed rival Trump to announce NAFTA "handshake" deal on Thursday: report MORE , who has said he wants a reworked deal that favors the US, recently said he was more focused on a strong agreement and wasn't anxious about a timeline. (more...)
- August 25, 2018
President TrumpDonald John TrumpConsultant secures Democratic nomination in Wyoming House race Wyoming treasurer wins GOP gubernatorial nod, beating Trump-backed rival Trump to announce NAFTA "handshake" deal on Thursday: report MORE , who has said he wants a reworked deal that favors the US, recently said he was more focused on a strong agreement and wasn't anxious about a timeline. (more...)
US disregard for Turkish legal process 'unacceptable': Erdogan spokesman
- August 24, 2018
Turkey has no intention of starting an economic war but can not stay silent, he added. "It can not, however, be expected to keep silent in the face of attacks against its economy and judiciary", Kalin said. The spokesman slammed what he said was the United States's disregard for Turkey's legal process, adding that Washington had made arbitrary comments and demands in the case of a detained pastor. (more...)
- August 24, 2018
Turkey has no intention of starting an economic war but can not stay silent, he added. "It can not, however, be expected to keep silent in the face of attacks against its economy and judiciary", Kalin said. The spokesman slammed what he said was the United States's disregard for Turkey's legal process, adding that Washington had made arbitrary comments and demands in the case of a detained pastor. (more...)
Trump 'Not Thrilled' with Fed Chairman Powell Over Rate Hikes
- August 24, 2018
Typically, the greatest influence a president has over the Fed is the appointment of governors . Presidential meddling in monetary policy has a troubling history, most notably President Richard Nixon's insistence that the Fed keep interest rates low ahead of the 1972 election. (more...)
- August 24, 2018
Typically, the greatest influence a president has over the Fed is the appointment of governors . Presidential meddling in monetary policy has a troubling history, most notably President Richard Nixon's insistence that the Fed keep interest rates low ahead of the 1972 election. (more...)
More local Sears stores to close
- August 24, 2018
The embattled 125-year-old retailer told employees at the affected stores this week that their locations would close in November, with liquidation sales to begin as soon as next week. The Crabtree Valley Mall store is the only location in Raleigh targeted for closure at this time, though the company said it continues to evaluate all of its locations. (more...)
- August 24, 2018
The embattled 125-year-old retailer told employees at the affected stores this week that their locations would close in November, with liquidation sales to begin as soon as next week. The Crabtree Valley Mall store is the only location in Raleigh targeted for closure at this time, though the company said it continues to evaluate all of its locations. (more...)
Cohen willing to cooperate, not interested in presidential pardon, lawyer says
- August 24, 2018
Sen. Richard Blumenthal , D-Connecticut, said it's time to talk not just about impeachment, but indictment, of the president. Trump also reacted to the news that his one-time campaign manager Paul Manafort was found guilty for crimes committed before he worked for the campaign. (more...)
- August 24, 2018
Sen. Richard Blumenthal , D-Connecticut, said it's time to talk not just about impeachment, but indictment, of the president. Trump also reacted to the news that his one-time campaign manager Paul Manafort was found guilty for crimes committed before he worked for the campaign. (more...)
Your next Pixel phone will feature wireless charging
- August 23, 2018
We do not know how much RAM or storage the two phones will offer. It's been reported that Google tapped Foxconn to build Pixel 3 series, and it seems that some pre-production models have found their way out of China and into the hands of Russian leakers. (more...)
- August 23, 2018
We do not know how much RAM or storage the two phones will offer. It's been reported that Google tapped Foxconn to build Pixel 3 series, and it seems that some pre-production models have found their way out of China and into the hands of Russian leakers. (more...)
Furious reaction to no-deal Brexit preparation papers
- August 23, 2018
But the publication of the papers prompted Labour to claim the government is "simply not prepared" for a no-deal Brexit, while pro-Remain campaigners took the opportunity to push for a second European Union referendum. The sources stressed political infighting in Britain as a risk factor, pointing to the annual conference of Prime Minister Theresa May's Conservative Party on September 30-Oct. (more...)
- August 23, 2018
But the publication of the papers prompted Labour to claim the government is "simply not prepared" for a no-deal Brexit, while pro-Remain campaigners took the opportunity to push for a second European Union referendum. The sources stressed political infighting in Britain as a risk factor, pointing to the annual conference of Prime Minister Theresa May's Conservative Party on September 30-Oct. (more...)
Crude oil dips on concerns of slowing economic growth
- August 23, 2018
Meanwhile, the USA import of crude oil increased by 7.58 million barrels, which were much higher for the week, compared with the reported level of previous week and the same period of past year. U.S. West Texas Intermediate (WTI) crude futures dropped 5 cents to $65.41 a barrel. The contract climbed 52 cents to $66.43 on Monday. Brent for October delivery settled at US$71.83 per barrel on the London-based ICE Futures Europe exchange, up US$0.40. (more...)
- August 23, 2018
Meanwhile, the USA import of crude oil increased by 7.58 million barrels, which were much higher for the week, compared with the reported level of previous week and the same period of past year. U.S. West Texas Intermediate (WTI) crude futures dropped 5 cents to $65.41 a barrel. The contract climbed 52 cents to $66.43 on Monday. Brent for October delivery settled at US$71.83 per barrel on the London-based ICE Futures Europe exchange, up US$0.40. (more...)
Bishop joins Liberals leadership showdown
- August 23, 2018
Dutton and senior ministers on Thursday called for a second ballot. A small group of Liberal MPs are pushing Mr Dutton, the former home affairs minister, to launch a fresh challenge to Mr Turnbull's leadership. Turnbull said he had done "everything I can" to keep the Liberal Party united but had faced an "internal insurrection" that had driven the government down in the opinion polls. (more...)
- August 23, 2018
Dutton and senior ministers on Thursday called for a second ballot. A small group of Liberal MPs are pushing Mr Dutton, the former home affairs minister, to launch a fresh challenge to Mr Turnbull's leadership. Turnbull said he had done "everything I can" to keep the Liberal Party united but had faced an "internal insurrection" that had driven the government down in the opinion polls. (more...)
Zuma, Guptas bring legal muscle on first day of state capture inquiry
- August 23, 2018
High ranking officials are expected to be summoned throughout the inquiry to explain the government's connection with the Guptas - a wealthy family of Indian origin - and their alleged influence within South African politics . Zuma's alleged involvement in multiple graft scandals damaged the party's image ahead of elections due next year. What are the allegations against Zuma? The Zondo Commission , helmed by Deputy Justice Ray Zondo, was formed in March and will investigate the ... (more...)
- August 23, 2018
High ranking officials are expected to be summoned throughout the inquiry to explain the government's connection with the Guptas - a wealthy family of Indian origin - and their alleged influence within South African politics . Zuma's alleged involvement in multiple graft scandals damaged the party's image ahead of elections due next year. What are the allegations against Zuma? The Zondo Commission , helmed by Deputy Justice Ray Zondo, was formed in March and will investigate the ... (more...)
Markets Right Now: Stocks waver; market nears bull record
- August 23, 2018
The bull market turns 3,453 days old, making it the longest such streak in the eyes of some market watchers. Trade-sensitive industrial stocks rose for the fourth consecutive session as investors remained optimistic the United States and China could move closer to settling their trade dispute . (more...)
- August 23, 2018
The bull market turns 3,453 days old, making it the longest such streak in the eyes of some market watchers. Trade-sensitive industrial stocks rose for the fourth consecutive session as investors remained optimistic the United States and China could move closer to settling their trade dispute . (more...)
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Wall Street opens sharply lower amid flight to safety