Money

News

Marathon Petroleum Corporation (MPC) EPS Estimated At $1.04

Marathon Petroleum Corporation (NYSE: MPC ) has risen 46.20% since January 27, 2017 and is uptrending. It has outperformed by 7.20% the S&P500. The analysts offering 12 month price targets for Marathon Petroleum Corporation have a median target of ...

European Central Bank holds rates amid growth

Later on Thursday, financial markets will hang on European Central Bank president Mario Draghi's every word, putting pressure on him to play down talk of reducing stimulus. Regarding its quantitative easing program , the central bank reiterated ...

US Slaps 'America First' Duties On Foreign Solar Goods, Washers

China's Ministry of Commerce Tuesday expressed strong dissatisfaction with a USA decision to impose steep tariffs on imported solar products and washing machines, calling the move an "abuse" of trade remedies. GTM Research estimates that a 30% tarif...

IQOS Cigarette Alternative Fares Poorly Before FDA Panel

The advisory committee's recommendations will go to the FDA, which is not required to follow them. "It's a process", said Bonnie Herzog, a tobacco analyst at Wells Fargo. Some panellists were concerned that not all the harmful or potentially harmfu...

George Soros: Google and Facebook 'Deliberately Engineer Addiction'

Soros' comments join a growing number of leading figures critical of large tech companies at this years Davos . Trump is due to address delegates Friday. This may have far-reaching political consequences. As a strong supporter of liberalism, globali...

Dow, S&P 500, Nasdaq surge to records on strong earnings

Solid gains in technology and health care stocks are sending major US indexes higher in early trading on Wall Street. Fourth-quarter gross domestic product increased at a 2.6 percent annual rate, the Commerce Department reported. fell 0.8 per cent to...

Cent a Bitcoin millionaire

The singer made a Bitcoin account to garner the money and he received Bitcoin worth $400,000 that year. The online currency looks as though it's made NY rapper 50 Cent a few million pounds richer! 50 Cent had previously filed for bankrup...

Las Vegas airport passenger tally sets new annual record

It marked the seventh consecutive year the airport posted a year-over-year increase. In all, 12 flights were added and the airport's first trans-Atlantic route - Paris - was announced. - Frontier Airlines launched service to four cities including t...

At least three people killed in U.S. drone attack on northwest Pakistan

Pakistani officials say a suspected US drone attack on a house near the Afghan border has killed two militants from the extremist Haqqani network . " Such unilateral actions, as that of today, are detrimental to the spirit of cooperation between t...

Petitions related to Justice Loya's death transferred to SC

It is essential to have an impartial and independent judiciary for the survival of a liberal democracy, Justice Jasti Chelameswar said. In this context, an open letter was written to the CJI by four retired judges, Justices P B Sawant, K Chandru,...

Bank of Japan Firm on "No Change"

The yen slipped on Tuesday after comments from the Bank of Japan chief quelled speculation the central bank would follow other central banks in scaling back monetary stimulus, while the dollar recovered losses after the USA government's shutdown ende...

Stripe to End Bitcoin Support in April

Even as companies gravitate toward cryptocurrency, one of the earliest bitcoin supporters has elected to sever ties with the digital currency . "Transaction confirmation times have risen substantially; this, in turn, has led to an increase i...

Johnson & Johnson Takes on $14 Billion Tax Charge With Q4 Earnings

It has underperformed by 5.42% the S&P500. ATR value of the company was 1.60 and Relative Strength Index (RSI) was 76.75. Worldwide Consumer sales were up 2.2% to $13.6 billion for the full year 2017, as Worldwide Pharmaceutical sales jumped 8.3%...

NTSB 'gathering information' on Tesla crash in Southern California

A man who was found passed out behind the wheel of his Tesla on the Bay Bridge in San Francisco on Friday was arrested on suspicion of drunken driving, officials said . The unidentified motorist claims that the auto was functioning on autopilot ...

Richemont offers €2.8 b for YNAP

Since 2015, Richemont has owned 48.9% of YNAP, but held only 25% of shares with voting rights, leaving the Italian e-commerce giant's management in control. Whilst Richemont has always been an early investor in the Net-a-Porter business with a mi...

Woman Dies After Falling From Her Balcony on a Carnival Cruise Ship

Maureen La Bryer told Miami Herald that her daughter sent a text message shortly after the incident, indicating that there was "blood everywhere". Carnival Cruise Line spokesman Vance Gulliken said that the 44-year-old woman fell from the Carniv...

Mobile Leads US Market in LTE Availability, Speed in Q4

OpenSignal compiled this report using almost 6 billion data points from 237,213 users between October 1st and December 31st of 2017. Each year OpenSignal issues a report that looks at all the mobile carriers in the USA and compares the speed and p...

US Oil Production to Hit New Record in 2018

Even at these forward levels, the price is above the cost of production for a lot of shale producers. WTI also marked a 10-day drop earlier in the day of $62.84 a barrel and recorded its 3-year intraday high of $64.89 on Tuesday. As you remember, bac...

Chelsea close to sealing double signing from Roma

The Blues have reportedly reached an agreement with AS Roma over Edin Dzeko services. The player has already agreed to move the South West London and is only waiting for Roma to allow him to fly to London to join the Blues. There's still noth...

Montana is the first state to enact its own net neutrality rules

Montana's Democratic Gov. Steve Bullock on Monday signed an executive order requiring all internet service providers with state contracts to commit to net neutrality, or the principle that all traffic on the internet should be treated equally.

Juno Therapeutics (JUNO) Rating Reiterated by Raymond James Financial

Several hedge funds and other institutional investors have recently made changes to their positions in JUNO . When we see the company's Volatility, it now has a monthly volatility of 4.89% and weekly volatility of 6.20%. "Ultimately, through all t...

Celgene's (CELG) "Hold" Rating Reiterated at Piper Jaffray Companies

It has outperformed by 195.58% the S&P500. 12Th Street Asset Management Company Llc decreased its stake in Fedex Corp (FDX) by 2.45% based on its latest 2017Q3 regulatory filing with the SEC. Cantor Fitzgerald downgraded the stock to "Neutral" rati...

Hernandez proves his worth to Hammers in draw with Bournemouth

Now the negotiations have hit new stumbling blocks, with West Ham owners feeling very reluctant to invest €1,5 million on a loan for a player that seems very reluctant to joining them and which they therefore wont want to redeem either. "I think Harr...

Carillion collapse could lead to thousands of job losses in UK

The spokesman said that Aramark would immediately take over the services that Carillion could no longer provide and that there would be no interruption in services. Its failure means the government will have to provide funding to maintain the public ...

Feds Intend To Re-Try Senator Bob Menendez

In a report broken by Politico , federal prosecutors announced that they will retry U.S. Senator Robert Menendez , after a deadlocked jury in November resulted in a mistrial. The first trial already had damaged his standing in his home state. ...

'Serial stowaway' arrested again after flying to London, police say

January 14 in the first block of West Checkpoint 7a at O'Hare passing through security without a boarding pass or passport, according to Chicago Police . She attempted to board a plane at Chicago's Midway Field without a ticket, prosecutors said. ...

Amazon increases its monthly Prime membership rate to $12.99

Amazon doesn't disclose how many Prime members it has, but it has had success with the program because Prime members tend to buy more things on the site, more often, because shipping is quick and low-cost. In 2016, though, the monthly option was adde...

USA stocks go higher: Dow closes above 26000 for first time

Equities closed lower on Tuesday after a sharp reversal from record levels. "This might just be a little bit of a pullback, especially after yesterday's significant gain, until we get further into the earnings season", said Lindsey Bell, investment...

Joshua Wong receives second jail time period over 2014 protests

Raphael Wong Ho-ming, vice-chairman of the League of Social Democrats (left) and Joshua Wong , Demosisto party secretary general speak outside the High Court in Hong Kong on January 17, 2018. "The only appropriate punishment for Mr Wong is immedi...

Amazon rules out Portland for second headquarters

The e-commerce retailer said its second corporate headquarters would create 50,000 jobs with an average salary of $100,000, and develop 8 million square feet of office space and invest $5 billion over 15-17 years. The University of Miami, along with ...

Search

Breaking News

Turkey lira crashes as Trump piles on pressure

Trump said in an early morning post on Twitter . Import taxes for aluminum will be 20 percent. President Donald Trump announced Friday that he is doubling tariffs on stee...

Russia Says US Sanctions are Intended to 'Demonize' the Country

The Kremlin on Thursday vowed to retaliate against "unacceptable" new United States sanctions against Russia over its alleged role in a nerve agent attack on a former spy in...

NY moves to cap Uber, app-ride vehicles

It makes NY the first major USA city to limit the number of app-based rides and to impose pay rules, with authorities under pressure to act over pollution and worsening congestio...

China Tariffs on US Crude Not Game-Changing Event

China's exports soared in July, showing little impact from USA tariffs, as Washington finalises more duties on Chinese imports. While short-term effects might be mild, the imp...

Snapchat drops daily users for first time after controversial redesign

Snap reported 188 million daily active users during the last quarter - falling short of Wall Street's expected 192 million and dropping from last quarter's 191 million. That's ...

Crude Oil Price Slumps on Small Decrease in Stockpiles

Energy Information Administration . Furthermore, oil prices were dragged down by the increasing output of the Organization of the Petroleum Exporting Countries ( OPEC ) and R...

Wall Street sees funding hurdle to Musk's plan to take Tesla private

Tesla is a legendary cash-burner, with roughly $10 billion in debts and $2 billion in reserves, and Musk would probably need in the tens of billions of dollars to buy out sharehold...

Premier Doug Ford announces buck-a-beer launching in Ontario this month

It's a campaign promise that Doug Ford says he's delivering on. "Instead we're going to do what we said we would do and put Ontario consumers first". The Ford Government is bring...

Trump, China trade war, tariffs

Pressure from the Trump administration is mounting on China after the United States and European Union agreed in late July not to impose new tariffs, and instead negotiate ...

Elon Musk explains why he's thinking about taking Tesla public

The company had a market value of $58 billion as of Monday's close. Basically, I'm trying to accomplish an outcome where Tesla can operate at its best, free from as much distrac...

Special Reports

Elon Musk tweets he has funding to take Tesla private

Elon Musk tweets he has funding to take Tesla private

In a second tweet on Tuesday, Mr Musk said taking the company private would not lead to a single dominant shareholder. " Funding secured ", the tweet added, offering no furth...

Dead fetus reportedly found on plane at LaGuardia Airport

Dead fetus reportedly found on plane at LaGuardia Airport

The fetus was found on board an American Airlines flight Tuesday morning. But at around 6 a.m. Tuesday morning, the cleaning crew found the fetus hidden inside the toilet under s...

Facebook asks major US banks to share customer data

Facebook asks major US banks to share customer data

At least one large USA bank has walked away from talks in light of the ongoing investigations into Facebook's data sharing practices, says the WSJ . The company is aiming to boos...

PepsiCo CEO Indra Nooyi steps down

PepsiCo CEO Indra Nooyi steps down

Her run will end on October 3rd after 24 years with the company. Laguarta will take over on October 3 and will also join the board, the company said in a statement . "She has d...

Conor McGregor to Face Nurmagomedov in Main Event at UFC 229

Conor McGregor to Face Nurmagomedov in Main Event at UFC 229

McGregor , speaking with TMZ, revealed a deal for his comeback fight was near to completion nearly two years since his last appearance in the octagon. "For Khabib, who is undefeat...

White House adviser warns China 'better not underestimate' Trump on trade - worldwide

White House adviser warns China 'better not underestimate' Trump on trade - worldwide

China proposed a 25 percent tariff on imports of copper ore and concentrate from the USA , which shipped about 70,000 tons to the country a year ago . The commerce ministry issu...

Oil edges lower as supply concerns return

Oil edges lower as supply concerns return

Traders said prices rallied early when industry information provider Genscape reported that crude inventories at the Cushing, Oklahoma, delivery hub for USA crude, dropped 1.1 m...

Spanish pilots union sues Ryanair over contracts

Spanish pilots union sues Ryanair over contracts

A month earlier in a memo seen by Reuters Ryanair said time-off duties for the pilots committee remained an issue but there was little between the two sides and it was hopeful of...

USA employers add 157,000 jobs, jobless rate slips to 3.9 percent

USA employers add 157,000 jobs, jobless rate slips to 3.9 percent

Manufacturing gained 37,000 jobs, driven by durable-goods and transportation companies. But, as with small businesses, manufacturers are having trouble filling job openings, she ...