Markets


How major United States stock market indexes fared on Monday
- January 04, 2017

At 10:59 a.m. EDT the Dow Jones mechanical normal.DJI was up 74.48 focuses, or 0.38%, at 19,837.08, the S&P 500 .SPX was up 13.72 focuses, or 0.61%, at 2,252.55 and the Nasdaq Composite.IXIC was up 32.14 focuses, or 0.6%, at 5,415.25. The tweet followed similar statements against Boeing Co. (BA) and Lockheed Martin Corp. The euro rallied as much as 1.6% before paring its advance to 0.5% and trading at US$1.0539. (more...)
Ford Torpedoes Mexican Plant, Trump Sets Gaze On GM Ford Torpedoes Mexican Plant, Trump Sets Gaze On GM
- January 04, 2017

Fields said the company is betting that electric and hybrid vehicle offerings will outnumber traditional gas-powered vehicles in 15 years. Ford is canceling plans to build a new plant in Mexico. Suddenly, Ford has become the American automaker investing in America, while GM is printing up layoff notices that will go out to 2,000 workers in MI and OH just as Trump is taking office. (more...)
Local Girl Scouts celebrate 100 years of cookie sales
- January 04, 2017

The first cookie is a crispy graham cookie double dipped in a crème icing and enrobed in a chocolatey coating and the second cookie is a crunchy graham sandwich cookie with a chocolate and marshmallowy filling. "I am so thrilled that, as an organization, we've reached such an important milestone-celebrating 100 years of Girl Scouts selling cookies", said Sylvia Acevedo, interim CEO of Girl Scouts of the USA. (more...)
Obamacare Architect: Some Hope for 'Universal Coverage' in Replacement
- January 04, 2017

Republicans lawmakers were returning to Washington on Tuesday - emboldened by Trump's election victory and their continued majority on Capitol Hill - seeking to repeal and replace President Barack Obama's signature 2010 health-care law. The Affordable Care Act has reduced the cost of uncompensated care by $7.5 billion across the nation, he said, and about $680 million in Pennsylvania. (more...)
American Airlines crew members complain of headaches on Charlotte to Orlando flight American Airlines crew members complain of headaches on Charlotte to Orlando flight
- January 04, 2017

An airline spokeswoman said Tuesday that the employees were treated and released. The airline said none of the 133 passengers on board flight 3556 traveling from San Antonio to Orlando was injured. But seven "insisted" they be transported to a hospital. The claimed their illness was a result of being exposed to toxic fumes on the flight that departed from Charlotte-Douglas International Airport. (more...)
BBB revokes accreditation of MyPillow over advertising issue BBB revokes accreditation of MyPillow over advertising issue
- January 04, 2017

The BBB cited their "Code of Advertising" saying "The unqualified term "sale" may be used in advertising only if there is a significant reduction from the advertiser's usual and customary price of the products or services offered and the sale is for a limited period of time". (more...)
Wild Card opponent: What the Seahawks are saying Wild Card opponent: What the Seahawks are saying
- January 04, 2017

The Pack have won their last 6 games and they host the New York Giants on Sunday. A dominating win against a division rival to get everyone feeling good, and ready to go for the playoffs. - With the Cleveland Browns losing in overtime to the Pittsburgh Steelers, the 49ers will make the second overall selection in the 2017 NFL Draft. (more...)
United States construction spending hits more than 10-year high in November United States construction spending hits more than 10-year high in November
- January 04, 2017

USA construction spending rose more than expected in November, reaching its highest level in 10-1/2 years, which could provide a lift to fourth-quarter economic growth. The three-month moving average increased 0.4% during the month and is up 2.8% year over year, indicating activity is still strengthening. Spending on multifamily residential construction slipped 2.7 percent for the month, but was 11 percent higher than in November 2015. (more...)
Ring in the New Year oil bull market Ring in the New Year oil bull market
- January 04, 2017

The crude oil prices are rising at the very beginning of 2017, supported by the agreement to reduce the oil production in OPEC and outside the cartel, which came into force on January 1. As part of the deal, Iraq has committed to cut 210,000 bpd, despite its hard financial situation and the internal conflict it is dealing with. Traders also assessed a loading document obtained by Bloomberg on Tuesday indicating that Libya planned to export 1.9 million barrels of oil this month from a port ... (more...)
Many homeowners to see assessment increase Many homeowners to see assessment increase
- January 04, 2017

A total of nearly $1.7 billion of the region's updated assessments is from new construction, subdivisions and rezoning of properties. The typical jump in Vernon was 7.6 per cent and 7.3 per cent in Penticton. According to BC Assessment , the average Kamloops home is now valued at $408,000, up from $387,000 past year. Homeowners throughout the Okanagan will be getting their 2017 assessments in the mail this week and many will see increases in the double digits in their property values. (more...)
Donald Trump's latest corporate target: GM Donald Trump's latest corporate target: GM
- January 04, 2017

GM did import some Cruze saloons from Mexico past year to meet demand as it was rolling out a new version, Mr Morrissey said, but that has stopped and all saloons sold in the United States are now made in Ohio. "When we send our jobs out of MI, we're also sending our tax base", Trump added in a typically blue state that turned red for him on Election Day last November. (more...)
Agree To Purchase Marathon Petroleum Corp. At $32.50, Earn 6.6% Using Options Agree To Purchase Marathon Petroleum Corp. At $32.50, Earn 6.6% Using Options
- January 03, 2017

Bank of America Corporation set a $21.00 target price on shares of Marathon Oil Corporation and gave the stock a "buy" rating in a report on Thursday, September 8th. If you are reading this piece of content on another domain, it was illegally copied and republished in violation of U.S. & global trademark and copyright law. (more...)
Apple to focus on its smartwatch's biggest weakness, claims report Apple to focus on its smartwatch's biggest weakness, claims report
- January 03, 2017

While Apple has dominated the smartwatch market it has made few upgrades and the watches have retained a similar design. Apple might unveil its third generation Apple Watch in the third quarter of this year, according to a recent report. (more...)
German December CPI Inflation Rate Hits 41-Month High At 1.7% German December CPI Inflation Rate Hits 41-Month High At 1.7%
- January 03, 2017

Rising energy prices pushed that component of the German consumer prices basket up 2.5 per cent year-on-year in December, its first rise in more than three years. The central bank has set interest rates at record lows and pumped money into the economy by buying bonds and offering cheap loans to banks as it seeks to support growth and inflation in the 19-nation single currency area. (more...)
Demonetisation blues: Mixed bag for automobile sales in Dec Demonetisation blues: Mixed bag for automobile sales in Dec
- January 03, 2017

The company has also started taking booking orders for the vehicle with an upfront payment of INR 11,000. The hatchback is expected to be priced from Rs 5 lakh to Rs 8 lakh, ex-showroom, Delhi. All four trims will get the K-Series petrol engine, but the base Sigma variant will not get the diesel version. Maruti Suzuki Ignis - FeaturesGoing by the details revealed on the official website , Maruti Suzuki Ignis will be equipped with extensive list of features. (more...)
Paytm gets RBI licence for Payments Bank Paytm gets RBI licence for Payments Bank
- January 03, 2017

RBI had earlier granted an "in-principle payments bank licence" to Sharma, who holds a 51% share in the payments bank, with the balance owned by One97 Communications. But since payments banks are not allowed to lend loans on their own, Paytm will have to rely on partnerships to sell their banking products via its platform. (more...)
White House says expects Guantanamo transfers announced before January 20 White House says expects Guantanamo transfers announced before January 20
- January 03, 2017

The prison at Guantanamo Bay has been mired in controversy stemming from the use of torture and the deaths of detainees at the site. The White House said on Tuesday it expects additional transfers of prisoners from the Guantanamo Bay military prison to be announced before President Barack Obama leaves office on January 20. (more...)
Commerce Ministry Not In Favour Of Giving Concessions To Apple For Plant
- January 03, 2017

According to industry sources, the assembling facility will start production at the plant as early as April 2017. They said that India is the best place to set up manufacturing units. Over 40 companies are manufacturing mobile phones in the country. The second manufacturing unit is slated to be opened in Gurugram. While the official is unclear if the Cupertino-based company will begin production in the region, he believes that Wistron's plans of quick expansion hint in that direction. (more...)
Hillary to Attend Inauguration Hillary to Attend Inauguration
- January 03, 2017

The event will put the 2016 presidential rivals on the same platform only weeks after their tough campaign. The Clintons will attend Trump's inauguration out of "a sense of duty and respect for the American democratic process", NY reported , citing two "well-placed" sources. (more...)
Tesla owners get Autopilot update as New Year's gift Tesla owners get Autopilot update as New Year's gift
- January 03, 2017

Tesla's newer hardware 2 or "HW2" vehicles, which were manufactured after October 2016, include a wide range of new sensors and other improvements that will eventually allow them to be fully autonomous, but they initially launched without numerous autopilot features that are already found in Tesla's older vehicles. (more...)

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