Finance

Author: 0 Trump announces trip to Saudi Arabia, Israel

Yet in announcing his first foreign trip itinerary Thursday, which includes stops in Saudi Arabia and Israel , Trump said he chose Saudi Arabia as his first stop precisely because it's the home of two of the holiest sites in Islam. A former US principal deputy assistant secretary of state for Near Eastern affairs, Jerry Feierstein, said the Trump visit "makes flawless sense". Trump, who campaigned on plans to build a wall on the US border with Mexico, shot back, saying it was ...

Finance Early French Presidential Polls Show Macron In Double Digit Lead
Author: 0 Early French Presidential Polls Show Macron In Double Digit Lead

After the first-round vote on Sunday, Le Pen in a statement on Monday condemned French political parties calling to unite against her and to support Macron. "Investors expect that Mr Macron will come out clearly ahead of Ms Le Pen in the second-round vote", says the Financial Times . As Ms Le Pen took selfies with people outside the threatened plant, he was shown in a closed-door meeting with union leaders in the town of Amiens, dressed in a suit and tie.

Author: 0 Profit down 27 percent at Buffett's firm on investment gains

Berkshire Vice Chairman Charlie Munger added that he thinks neither political party "can think rationally" about healthcare because they 'hate each other so much'. Buffett said, because it expects that such a loss would be less valuable to Berkshire in the future if taxes are lower. Wells Fargo had a sales structure that clearly led employees to do bad things, according to Buffet.

Finance Black Sticks miss out on bronze medal
Author: 0 Black Sticks miss out on bronze medal

Eddie Ockenden finally pulled one back for Australia after two more unsuccessful penalty corner attempts to go into halftime one goal down. India was defeated 0-1 by the host nation, therefore ruling them out of the Cup final. Another chance was lost when an impulsive Mandeep Singh on the counter attack raced into the striking circle and took a shot on goal but was saved by an alert Richard Joyce.

Finance Tillerson meets ASEAN ministers to seek support on North Korea
Author: 0 Tillerson meets ASEAN ministers to seek support on North Korea

The Philippines , which sits as chair of the regional bloc this year, had been urged to take advantage of its chairmanship to push China to abide by the tribunal's ruling. "He gave his counterparts and South-east Asia assurance that they can count on the USA to assert our rights for unimpeded commerce and trade, and regional and global security and peace", said Mr Murphy, adding that the U.S.

Finance BCCI clears India's participation in Champions Trophy
Author: 0 BCCI clears India's participation in Champions Trophy

The ICC Board had approved a new constitution, a new governance structure, and a new finance model, with the other Full Members outvoting the BCCI. The All-India Senior Selection Meeting will now be held tomorrow, May 8, in New Delhi to pick the team for the Champions Trophy.

Author: 0 North Korea accuses US, South Korea of assassination attempt

The accusations come with the USA and North trading threats over the latter's nuclear and missile programmes, and as Washington considers whether to re-designate Pyongyang as a state sponsor of terrorism. In July past year, North Korea presented to the media a man it alleged was a South Korean spy who tried to enter the North to kidnap children. Trump even ordered two major attacks in Syria and Afghanistan last month, both of them viewed as stern warnings to the North.

Finance Be wary of White House claims about tax plan
Author: 0 Be wary of White House claims about tax plan

But the plan is similar in outline to Trump's campaign proposal, which would have given almost half its benefits to the wealthiest 1 percent of Americans, while middle-income households would have received barely 7 percent of the cuts. Now, lowering the corporate tax rate to 15 percent from its current 35 percent could indeed boost the economy, which has been growing at an anemic rate of 2 percent or less for the past seven years or so.

Finance Baahubali 2 continues to break records, collects Rs 30 cr on Tuesday
Author: 0 Baahubali 2 continues to break records, collects Rs 30 cr on Tuesday

The Prabhas, Rana Daggubati-starrer Bahubali 2 collected Rs 25 crore in AP and Telangana, Rs 10 crore in Tamil Nadu, Rs 9 crore in Karnataka and Rs 5 crore in Kerala on this day though marginal decline is evident. The two blockbusters had earned Rs743 crore and Rs718 crore worldwide respectively. Trade analyst Akshay Rathi told mid-day , " The film has shown us the potential of the Indian market.

Finance Old-guard rallies around newcomer Macron for French runoff
Author: 0 Old-guard rallies around newcomer Macron for French runoff

Earlier, French President Francois Hollande has warned of "the risk for our country's future" if Ms Le Pen wins the presidential election. The European Parliament believes Ms Le Pen has defrauded it of around £290,000. Opinion polls suggest Macron is firm favourite to win the second round but Marine Le Pen said: "We can win, we will win". "The brutal project, the project of hate and rejection is not on my side", he added.

Finance White House relaxes Obama-era healthy school lunch rules
Author: 0 White House relaxes Obama-era healthy school lunch rules

So starting in the fall, low-fat chocolate milk and more white bread will be on the menu, and high-salt food can stay. Agriculture Secretary Sonny Perdue has lunch with students in the cafeteria at Catoctin Elementary School in Leesburg, Va., Monday, May 1, 2017, after he unveiled a new rule on school lunches as the Trump administration and other Republicans press for flexibility after eight years of the Obama's emphasis on health eating.

Author: 0 Congress finishes spending bill, sends legislation to Trump

Over the past few weeks, the measure was revamped to attract most hard-line conservatives and some GOP centrists. Upton's conversion was especially significant because he's a respected, centrist voice on health issues and former chairman of the House Energy and Commerce Committee.

Author: 0 LSU supports student-athletes in expressing their opinions on Alton Sterling

CST (1800 GMT), a day after a white former SC officer pleaded guilty in the 2015 shooting of an unarmed black man and a Texas officer was sacked for shooting an unarmed 15-year-old boy on Saturday. Family members appealed to Louisiana Attorney General Jeff Landry to do just that. "We're waiting on Justice from Attorney General Lynch and I am telling you, it is coming".

Finance Federal Reserve Keeps Interest Rates Steady Between 0.75% and 1%
Author: 0 Federal Reserve Keeps Interest Rates Steady Between 0.75% and 1%

This means that even if changes to the Fed's interest rates don't push up the cost of your mortgage repayments, a weaker GBP/USD exchange rate could see you needing more sterling in order to cover the same premiums as before. "Economic activity slowed" while " household spending rose only modestly ". Economists have noted the government has tended to report unusually sluggish growth early in the year, partly because it has struggled to make adequate seasonal adjustments.

Author: 0 Buffett's Berkshire Hathaway Reports Drop in Net Earnings

Warren Buffett believes Berkshire's investment and derivative gains in any given quarter are often meaningless, but accounting rules require Berkshire to report them in its earnings statements. That payment helped boost float, or the amount of insurance premiums collected before claims are paid and which helps fund Berkshire's growth, to about US$105 billion from US$91 billion at the end of 2016.

Author: 0 Made-in-China midsize passenger plane C919 finally takes off

With a standard range of 4,075 km, the narrow- body jet is comparable with updated Airbus 320 and Boeing's new generation 737, signalling the country's entry into the global aviation mark, state-run Xinhua news agency reported . Li Wei, deputy chief engineer of the C919 project at Hafei, said: "Once the C919 aircraft starts large-scale production, it will effectively drive the output value of Hafei".

Finance Shake Shack says a key sales figure declined
Author: 0 Shake Shack says a key sales figure declined

During the same quarter in the previous year, the business earned $0.08 earnings per share. Shake Shack Inc (NYSE: SHAK ) has declined 6.15% since September 28, 2016 and is downtrending. The consensus recommendation, according to Zacks Investment research, is 2.66. Given the way analysts feel about Peregrine Pharmaceuticals right now, this huge implied volatility could mean there's a trade developing.

Author: 0 Oil prices tumble on global supply glut

Compare that to Diamondback Energy Inc., which raised production 61 percent. NEW YORK, May 5 (Reuters) - Oil prices closed 1.5 percent higher on Friday, rebounding from five-month lows, following positive U.S.jobs data and assurances by Saudi Arabia that Russian Federation is ready to join OPEC in extending supply cuts to reduce a persistent glut.

Finance Oher cited for assaulting Uber driver
Author: 0 Oher cited for assaulting Uber driver

This started a heated argument, where Oher accused the driver of trying to drive up the price of the ride. Investigators say the driver told officers that he felt the lead vehicle wasn't sure where they were going, so he suggested they take the lead.

Author: 0 In Latest Airline Video, Delta Boots Family From Flight

Delta kicked a family with two toddlers off a plane and threatened them with jail for no good reason. Schear can be heard responding to the employee before leaving the plane. "It's the smart and right thing to do so that everyone in your family arrives safely at your destination", the website states. "We're sorry for what this family experienced", Delta said in an official statement to ABC7.