Business

OPEC wants 'collective efforts' to counter US crude oil output

Some analysts questioned the staying power of the sharp price rebound, given increased crude production in the United States, along with OPEC members Libya ...


Young job seekers face random drug tests

In Tuesday's budget, the government announced it would drug test 5000 Centrelink recipients as part of a trial before deciding if the scheme should be expanded....


Here's what Warren Buffett said about IITs and India

Listening to Warren Buffett never gets old to thousands of Berkshire Hathaway shareholders. Berkshire and 3G control Kraft Heinz Co KHC.O and recently tried t...


North Korea claims Central Intelligence Agency plot to kill Kim Jong

The legislation - which needs Senate approval before being sent to President Trump to sign into law - aims to expands sanctions to deter North Korea's nuclear w...


Sinclair close to buying rival TV operator Tribune

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 Sincla...


I was 'psyched to terminate NAFTA' but reconsidered

Mexican officials continued to talk to their USA counterparts as the hours passed, and toward the end of the day Pena Nieto called Trump for a conversation that...


Brouhaha Breaks Out At Spirit Airlines' Ticket Counter. Here's The Back Story

The order will go into effect until at least a hearing on a preliminary injection set for May 15. Authorities say several people were ultimately arrested for ...


China`s homemade C919 passenger jet makes successful flight

The C919, a twin-engine airliner created to compete with the Airbus 320 and Boeing 737, took off from Shanghai's Pudong worldwide airport in the early hours of ...


Spicer: Kushner 'Not Involved' in Family's Chinese EB-5 Visa Pitch

Some 20 years earlier, Charles started the company with the help of assets from the construction company built by his father, Joseph Kushner. Sen. Dianne Fei...


Kite discloses patient death in CAR-T trial, sparking safety worries

Among 15 analysts covering Kite Pharma (NASDAQ: KITE ), 10 have Buy rating, 0 Sell and 5 Hold. Revenue for the quarter came in at $333 million versus the cons...


Amazon cuts free shipping minimum to $25

Amazon offers free same-day delivery for millions of other items. Target credit and debit card holders will continue to get free shipping on any purchase...


New Must-Read Quotes From Tesla, Inc. CEO Elon Musk

The most important ingredient just might be data. It's unclear how often the video clips are being transmitted to Tesla . While it might sound very trivial, ...


Dept. of Ag Plans to Loosen Obama School Lunch Programs

During that time, Michelle Obama was seen by many as a leading advocate in the fight against childhood obesity . The rule was scheduled to go into effect lat...


Outburst by angry Wells Fargo shareholder halts annual meeting

In December 2016, the agencies determined that Wells Fargo had not remedied two of the three deficiencies identified previously by the agencies and imposed re...


FBR & Co Reaffirms "Outperform" Rating for Plug Power Inc (PLUG)

HC Wainwright set a $4.00 target price on shares of Plug Power and gave the company a "buy" rating in a report on Thursday, April 6th. (NASDAQ:PLUG) stock may...


Athens Signs Up For More Austerity

Creditor officials are now due to leave Athens to craft the compliance report for a meeting of euro-area finance ministers scheduled for May 22. Greece has to...


United CEO faces Congress after dragging of passenger

The chairman, Rep. Bill Shuster, R-Pa., said airlines would have to demonstrate that they are making changes or the committee would act. In a House Transpor...


EOG Resources Inc (EOG) Issues Earnings Results, Meets Expectations

Analyst mean recommendation rating on a stock by the analyst community is at 2.10. Zacks' EPS averages are an average based on a survey of research analysts t...


Trading Statistics of Nordic American Tankers Limited (NAT)

Maxim Group reissued a "sell" rating and set a $6.00 price target on shares of Nordic American Tanker in a research report on Friday, April 21st. Finally, Morga...


Australia plans major spending plus surplus in 3 years

And the big element will be the 0.5 per cent increase in the Medicare levy to be paid by all singles earning $21,655 a year and above, and couples on $36,541, w...


North Korea detains second US professor working at Pyongyang university

The detained victim, named Kim Hak-song, worked at the Pyongyang University of Science and Technology , the same university where U.S. citizen, Tony Kim, worke...


Amazon Lets Alexa Answer And Make Calls, Retrieve Messages

The Echo Show is up for pre-order now and is shipping to customers from June 28. And by making Alexa, and Echo devices, more of a central component of people'...


Oil trades near five-month lows despite Saudi assurances on cuts

US crude fell $1.93 or 4.1 percent to $45.89 per barrel, by 12:40 p.m. (1640 GMT) Brent was down $1.95, or 3.9 percent to $48.83. "U.S. production also push...


First Quarter GDP Weak

On an annual basis, growth improved from 1.9% in the fourth quarter to 2.1% in the first quarter. Inventories negatively contributed 0.9 percentage points fro...


Congress Oks short-term bill to avert shutdown

Republicans may control both houses of Congress and the presidency, but passing the short-term spending bill requires 60 votes in the Senate and Republicans o...


Former official says she warned White House about Flynn

She was running the Department of Justice before Jeff Sessions would be confirmed. What criminal statutes did Flynn potentially violate? The ongoing investiga...


Obama starts defining his new role in the age of Trump

Yates was referring to Flynn misleading Pence about a December call with Russian Ambassador Sergey Kislyak. Testimonies of two key former officials before a S...


Hamas elects Ismail Haniyeh to lead political office

The 54-year-old with a salt-and-pepper beard takes charge of Hamas as it seeks to ease its worldwide isolation while not marginalising hardliners within the m...


HUDCO IPO fully subscribed on day two

The housing and urban infrastructure financier's offering of almost 204.05 million shares had received bids for 205.63 million shares by noon, stock-exchange da...


Why is crude oil unable to recover?

Reuters reported that OPEC and its non-OPEC partners were considering an extension to the current deal, which comprises an output cut of 1.8 million barrels ...


Mallya guilty of contempt: SC

Mr Mallya has been staying in London for a year now, since he slipped out of India amid attempts by banks to recover their dues. Mallya moved to Britain previ...


Duke Energy Corp (DUK) Gets Earnings Chill From Warmer Winter

Credit Suisse Group AG assumed coverage on shares of Duke Energy Corp in a report on Wednesday, January 25th. Several other large investors also recently ...


Indonesia president calls for respect of governor blasphemy verdict

While running for governor, Basuki Tjahaja Purnama, also known as "Ahok", said his opponents were inaccurately citing the Quran to say voters can not vote for...


Federal Budget 2017-18: Committed to 'fairness, opportunity and security' says Turnbull

Another key plank of this year's budget is to fully fund the National Disability Insurance Scheme. A new survey by CoreLogic, a property data firm, found that...


Russia and OPEC ready to cut more oil production

Crude prices stabilise as Saudi Arabia gives its first indication that oil production cuts will be extended beyond 2017. The group seems well positioned to cont...


Futures rise as risk-on sentiment improves

Today's downward swing in the fear gauge is likely tied to the result of the French election and the general sideways action in global markets. "In Q1 the tre...


Tunnel with nuclear waste collapses in Washington state

The U.S. Department of Energy activated the Hanford Emergency Operations Center at 8:26 a.m. Tuesday morning following a cave-in that created a 20-by-20-f...


Emma Watson conferred first ever 'genderless' award

Hours earlier, Brown shed some tears when she took home the trophy for Best Actor in a Series. The annual celebration of youth pop culture expanded this year ...


Hertz tanks 15% after missing big on earnings

It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share. It increased, as 5 investors sold Corium Inter...


United States stock indexes waver around record highs, dollar ticks up

The Nasdaq composite index ticked higher to another record Tuesday, but a drop in energy stocks held other indexes back. Eastern time. If it remains up for the ...


Target is getting into the next-day home delivery business

Target and other major brick and mortar retailers are investing heavily in their e-commerce businesses as they try to gain ground on Amazon.com Inc (AMZN.O), wh...


Tories claim May needs a Macron-style mandate for the Brexit talks

After initially dismissing the report as "Brussels gossip", May changed tack, warning Juncker she would be a "bloody hard woman". Rhodes continued his threa...


Comac C919 takes off for maiden flight in China

Comac says it has 570 orders, mostly from state-owned Chinese airlines. It began developing its own large passenger jets in the 1970s and the first one, the Y-1...


Starbucks expands rewards program at grocery stores

Starbucks Corporation (SBUX ) stock price rose 7.72 percent over the past one year, while increased 14.36 percent during the past 6 months. They noted that the ...


Erdoğan calls Macron to congratulate him over election victory

Obama's Republican successor sent out an ebullient tweet about Macron's win 82 minutes after the results were announced Sunday, saying "I look very much forwa...


Mohammed Shami recalled for India Champions Trophy campaign

Having someone like Zaheer Khan in the Daredevils camp can be of huge help and Shami admits that the former India pacer has plenty of interactions with him duri...


United CEO takes responsibility for passenger incident

Complaints about airline treatment and the United debacle let House Transportation Committee Chairman Bill Shuster, R- Pa., to warn at the start: "This won't be...


Facebook downtime affecting PH, other parts of Southeast Asia

Others suggested Twitter might have been crashed by all the Facebook users reporting #Facebookdown, which was the top trending term at lunchtime. Facebook users...


Sinclair to buy Tribune Media, expanding its local TV reach

With the Tribune deal, Sinclair will own, operate or services 233 television stations in 108 markets, although it may need to sell off some Tribue assets ...


Duke of Edinburgh to step down from royal public engagements

Prince Philip has joked about his advanced years at a palace reception hours after officials announced his retirement from public duties. A statement from th...