Finance

Finance 'Of course the Australians have better healthcare than we do - everybody does'
Author: 0 'Of course the Australians have better healthcare than we do - everybody does'

Trump tweeted on the topic Friday afternoon, clarifying that the Australian system is better than Obamacare. The President's strong declaration came after he told Australian Prime Minister Malcom Turnbull Thursday evening that "you have better healthcare than we do" - prompting guffaws from progressives who pointed out that Australia's single-payer government-run healthcare system is like the one they'd want in an ideal world for the U.S.

Finance Chaos at Florida airport after Spirit flights canceled
Author: 0 Chaos at Florida airport after Spirit flights canceled

Three travelers were arrested late Monday as tempers flared and threats of bodily harm were hurled against Spirit employees trying to assist affected travelers, according to the Broward County Sheriff's Office. Spirit Airlines said the nine flights were canceled due to a lack of airline staff available because of unresolved contract negotiations with the Airline Pilots Association (ALPA).

Finance Los Angeles Olympic Dreams Might Be Delayed Until 2028
Author: 0 Los Angeles Olympic Dreams Might Be Delayed Until 2028

A special "Olympics Night" is due to be held at the Dodger Stadium to celebrate Los Angeles 2024. The bidding contest has been overshadowed in recent weeks by speculation that the International Olympic Committee is aiming to offer the 2028 Olympics to whoever loses out on the 2024 Games, anxious to lock in two strong bids at a time when the pool of cities willing to stage the mammoth sporting spectacular is shrinking.

Author: 0 Good chance for Middle East peace deal

President Trump promised Wednesday to make peace in the Middle East a top priority, vowing to do " whatever is necessary " to reach a historic deal between Israel and the Palestinians. Whether Trump follows up with pressure on Israel using the vast leverage America has over Israel remains to be seen, however. "I'd like to see you hold back on settlements for a little bit", Trump told Netanyahu, even though the Israeli leader said he doesn't see settlements as the "core of the problem".

Finance Act II for France's Macron: getting the majority to govern
Author: 0 Act II for France's Macron: getting the majority to govern

Republicans vice-president Laurent Wauquiez emphasised Macron's vulnerability, noting he had been a grudging choice for many voters, who did not support his programme but were anxious to block Le Pen. Macron battled it out against far-right candidate Marine Le Pen. In a congratulatory message, Prime Minister Abe said Macron's election is a symbolic victory over inward-focused and protectionist moves, and represents the French public's confidence in the EU.

Finance Sensex hits life-time high 30366, Nifty at 9451 on fund inflows
Author: 0 Sensex hits life-time high 30366, Nifty at 9451 on fund inflows

European indices were trading mixed in their late morning session. USA stocks ended mixed overnight amid a lack of new catalysts as a fall in oil prices and hawkish comments from a Fed official offset some upbeat earnings news. Once again on Wednesday, the market created record as benchmark indices got past record closing high levels. With results of several front line stocks due over the course of the next few sessions and the data on industrial output and consumer price inflation due on ...

Finance Where PT Stands For Kohl's Corporation (KSS)
Author: 0 Where PT Stands For Kohl's Corporation (KSS)

Price Target plays a critical role when it comes to the analysis of a Stock. Shares of Kohl's Corporation (NYSE:KSS) are on a recovery track as they have regained 23.25% since bottoming out at $33.87 on May. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.

Author: 0 Iraq, Algeria support extension of oil production cuts

The EIA figures also revealed a surprise decrease in gasoline and distillate inventories, which helped mitigate worries that USA commuters weren't soaking up enough gasoline to offset supply. USA crude production is expected to rise by more than previously expected in 2017 to 9.31 million barrels per day from 8.87 million bpd in 2016, a 440,000 bpd increase, the U.S.

Author: 0 Oil prices edge up in anticipation of extended crude output cut

Oil prices edged up on Tuesday, driven by anticipation that an OPEC-led pledge to cut production would be extended beyond the first half of the year and into 2018, although overall high supply still weighed on markets. API had reported a build in US gasoline stockpiles on Tuesday. Aramco had previously maintained supplies to important Asian customers. At 522.5 million barrels, crude inventories are at their lowest since February.

Author: 0 Here's what Warren Buffett said about IITs and India

Over the course of 6 1/2 hours, Buffett, 86, and Munger, 93, touched upon a range of topics, as they sipped Coca-Cola and munched on See's sweets (from two of Berkshire's holdings). Apple Inc. has become one of Omaha, Nebraska-based Berkshire's largest holdings, valued at about $19.2 billion as of March 31. Berkshire announced Friday that it had sold one-third of its stake in the struggling technology company.

Author: 0 Trump tells Russian diplomat he wants 'a better relationship'

Secretary of State Rex Tillerson and his Russian counterpart Sergei Lavrov will meet in Washington Wednesday morning - their second in-person meeting in the little over three months Tillerson has been in office. President Donald Trump plans to meet with Russian Foreign Minister Sergey Lavrov on Wednesday, according to his schedule. Lavrov says that's especially true regarding a zone in Syria's south, near the border with Jordan and Israel.

Finance Comey's firing: Trump frustration finally boiled into action
Author: 0 Comey's firing: Trump frustration finally boiled into action

The president had been considering letting Comey go "since the day he was elected", Deputy White House Press Secretary Sarah Huckabee Sanders told a news briefing. Senate Democrats also signaled their willingness to resort to procedural maneuvers to cause delays and force action, blocking committees from meeting Wednesday.

Finance Boeing halts test flight of new plane
Author: 0 Boeing halts test flight of new plane

The MAX fleet is created to be a more fuel-efficient version and replaces Boeing's previous 737 model which has been a best-seller for the aerospace giant. The 737 MAX 8 seats 162 passengers in a typical configuration and has a list price of $110 million, Reuters reported. Cai von Rumohr, an analyst with Cowen and Co., said " this doesn't look like a serious concern " because Boeing still expects to deliver the first plane this month and it appears to be a fixable manufacturing ...

Author: 0 Crude Prices Give Up Gains

Stockpiles probably dropped by 2 million barrels last week, according to a Bloomberg survey before Energy Information Administration data Wednesday. Lower crude oil prices, meanwhile, mean lower gasoline prices and USA consumers could put some demand pressure back in the market in the way of travel plans for the upcoming Memorial Day holiday.

Finance Trump to meet top Russian diplomat at the White House
Author: 0 Trump to meet top Russian diplomat at the White House

Secretary of State Rex Tillerson (r.) shakes hands with Lavrov (l.) after the two met in Washington, D.C. on Wednesday. "Was he fired?" he asked sarcastically. After the negotiations, the two ministers participated in a meeting with Russian President Vladimir Putin. The attempt at a reset didn't work and relations between the United States and Russian Federation at the end of the Obama administration plunged to Cold War-era lows.

Finance Sinclair close to buying rival TV operator Tribune
Author: 0 Sinclair close to buying rival TV operator Tribune

The deal will help Sinclair better compete with Fox. When broadcast television were the only available networks, there was little need for scale in the business and many owners were companies that also owned newspapers. That would represent a premium of close to 30 percent of the price of Tribune Media shares on February 28, the day before Reuters broke the news that Sinclair had approached Tribune Media to discuss an acquisition.

Finance Warren Buffett To Shareholders: 'We Messed Up By Not Investing In Amazon'
Author: 0 Warren Buffett To Shareholders: 'We Messed Up By Not Investing In Amazon'

He supported Democratic candidate Hillary Clinton during the 2016 election and has asked Trump to release his tax returns in the past. Buffett also faulted the House Republican healthcare bill passed last week, which would repeal the Affordable Care Act and investment income taxes for wealthier people, as a means to "cut the hell out of income taxes" for the rich.

Author: 0 Snap Stock Plunges On Big First-Quarter Revenue Miss

Snap (SNAP), the parent company of Snapchat , whiffed on sales numbers and posted a staggering loss in its first earnings report since going public in March. But in comparison, Instagram said in April that it had more than 200 million users on Stories. "The 7 million daily active users net-adds were not strong enough to disprove the " Facebook is crushing Snapchat " thesis", which we think will persist for a while", Barclays analyst Ross Sandler wrote in a client note.