Business

U.S. household debt surpasses 2008 levels: NY Fed

Ford said Wednesday it's cutting 1,400 jobs in North America and Asia to improve profits as the USA auto industry recorded a fourth straight drop in monthly sal...


Texas Lawmakers Pass Statewide Ride-Hailing Regulations

Senator Tim Kennedy, a Democrat who is also from the Buffalo region, argues that having ride-hailing services available during the busy July 4 long holiday week...


Kentucky jobs safe from Ford cuts

The news agency reports that by October 1, Ford will lay off only salaried workers offering them generous early retirement incentives. Fields and his team hav...


Price Target Analysis Rite Aid Corporation (RAD)

Developed by J. Welles Wilder, ATR is an indicator that measures volatility. An RSI reading above 80 indicates that a stock is overbought while anything below 2...


Top US senator John McCain calls for removal of Turkey's US ambassador

The US House Foreign Affairs Committee Chairman Ed Royce (R-CA) on May 17 sent a letter to Attorney General Jeff Sessions and Secretary of State Rex Tillerso...


Featured Stock Overview: Ford Motor Co

It now has negative earnings. The company was upgraded on Friday, January 29 by Argus Research. Rothschild Investment Corp decreased Ford Motor Company (F ) ...


Who is Milwaukee County Sheriff David Clarke?

For years, Clarke has been a favorite of conservative media and campaigned for President Trump during the 2016 election. "No such announcement with regard to th...


Coming Soon to Amazon Alexa: Notifications Function

At $49.99, Amazon's Fire tablet is super cheap, which brings with it some drawbacks, like a relatively grainy display. Despite the size and weight shrinkage ...


Alibaba, Pakistan ink MOU on digital Silk Road

But beyond that, Alibaba's entry into Pakistan can also potentially incentivise other e-commerce giants to bring their business to the country. The parties ...


Brazil leader denies report he endorsed bribing ex-lawmaker

Rousseff was impeached past year for breaking budgetary laws, but she and her supporters have accused Temer, her vice president, of orchestrating her ouster as ...


Interserve plc 1.6% Potential Decrease Indicated by Liberum Capital

It has outperformed by 3.10% the S&P500. Jefferies has "Hold" rating and GBX 2630 target. Barclays PLC raised shares of Drax Group Plc to an overweight rating a...


Equity markets jittery over global cues, GST Council meet

This was followed by a fall in autos, banks, energy, FMCG as well as pharmaceuticals. Earlier on Wednesday, major US indices declined on reports of a memo fro...


April Jobs Report: 211000 Jobs Added, Unemployment At 4.4 Percent

Many economists said that monthly gains in payroll would average approximately 170,000 during 2017 but that is more than sufficient to lower unemployment furthe...


China's passenger jet faces long road from test flight to commercial use

The narrow-body of the first Chinese-made passenger jet - white with green and blue stripes with " C919 " emblazoned on its tail - soared over Pudong global air...


Ford to cut 1400 jobs in North America, Asia

Buyout offers won't be extended to workers in product development, plant manufacturing, information technology, global data and analytics and the Ford Credit fi...


ATO deputy commissioner's son has been arrested on fraud charges

Police have charged nine people and seized cash, homes, cars and luxury items. Their father has been issued with a court attendance notice for allegedly publi...


Trump Says 'Fast Decision' Possible On New FBI Director

As they ate, the president and Comey made small talk about the election and the crowd sizes at Trump's rallies. "There's nothing further to add on that", he sai...


Oil prices dip as supplies remain ample despite production cuts

The downward correction partly reversed gains from the previous session when prices rose on the back of a drawdown in USA crude inventories and a slight dip in ...


'ShadowBrokers' threatens to release more cyber attack tools

The hacker group claims that it still has 75 percent of the the US' cyber arsenal, and could release tools that exploit browser, router and phone vulnerabilitie...


Erdogan hopeful for breakthrough in dispute on arming Kurds

If Erdogan fails to solve at least one of these two vital for Turkey's national security issues at the meeting with Trump, it will become another round of stren...


European Union says Philippines declines new EU grants

Duterte has said the West does not appreciate the gravity of the drug problem in the Philippines, and made derogatory comments about both former U.S. President ...


Air Canada flight lands after passenger tries to open cabin door

Eventually, the criminal complaint states, Courneyea entered the back of the plane, picked up a full coffee pot and began swinging it at a flight attendant. "He...


BHP Billiton plc (BLT) Rating Reiterated by Royal Bank of Canada

It has by 0.00% the S&P500. Finally, HSBC Holdings plc raised shares of BHP Billiton Limited from a "hold" rating to a "buy" rating and cut their price target f...


Twitter co-founder Biz Stone returns to company

At the time, Stone promised to work out of Pinterest's offices part time, and to serve as a special adviser to Pinterest co-founder Evan Sharp. You do you, B...


Tata Steel makes an offer for its closed pension fund

Tata Steel Ltd posted a surprise fourth-quarter loss after the company recorded a 36 billion rupee (RM2.4 billion) charge related to the closure of its British ...


Home Depot (HD) Tops Q1 Earnings & Sales; Stock Climbs 1.9%

Deutsche Bank maintained Home Depot Inc (NYSE:HD) on Wednesday, August 17 with "Buy" rating. If the stocks above spark your interest, wait until you look in...


Deutsche reiterated Compass Group (LON:CPG) as 'Hold'

The stock of Compass Group plc (LON:CPG) earned "Neutral" rating by UBS on Tuesday, February 16. The firm has "Hold" rating by Numis Securities given on Tuesday...


US Housing Starts Fell 2.6% in April

Single-family housing starts in April were at a rate of 835,000; this is 0.4 percent above the revised March figure of 832,000. Privately-owned housing star...


Buffett Cashes Out of Embattled 21st Century Fox

In moves most likely not made by Buffett, Berkshire's stake in Twenty-First Century Fox was eliminated and stakes in the Bank of NY and Sirius XM were raise...


Banks to fight 'fast and loose' $6.2b tax

Treasurer Scott Morrison has introduced to parliament the second part of his 10-year company tax cut plan, applying to those turning over more than $50 million....


Malaysia's April consumer prices rise 4.4pc y/y, below forecast

It said it expects core inflation to rise modestly. The average annual rate of change of the Food sub-index for the twelve-month period ending in April 2017 o...


American Eagle Outfitters, Inc. (NYSE:AEO) Under Analyst Spotlight

Finally, Vetr cut shares of American Eagle Outfitters from a "strong-buy" rating to a "buy" rating and set a $15.00 target price for the company.in a resear...


China's sincerity to be tested with 'One Belt One Road' initiative

Another major concern is that China is trying to create a new worldwide order with itself at the helm. "Globalisation is encountering some headwinds", Mr Xi t...


US Homeland Security: No announcement Friday on laptop ban expansion

American officials were invited to Brussels next week to discuss the proposed ban, the European Union said. Two airline officials who were briefed on the di...


Tear gas fired at Greek anti-austerity protest

Since then a number of global lenders, including the European Union institutions and the worldwide Monetary Fund, agreed to provide Athens with several bailou...


The Coca-Cola (KO) Receiving Somewhat Positive News Coverage, Study Shows

Hedge funds and other institutional investors own 63.88% of the company's stock. The company, with operations around the world, delivers more than 950 million c...


Russia, Saudi Arabia back extension of oil output cuts

World oil prices jumped on Monday, with US crude futures trading 3% firmer at more than $49 a barrel. Futures pared gains in NY after climbing 2.1% on Monday....


Guam residents cast wary eye at North Korea after launch

Pyongyang said the new weapon - called the Hwasong-12 - was capable of carrying a "heavy nuclear warhead". North Korea has "ample technical reason" to carry...


What Do Analysts Suggest For AK Steel Holding Corporation (AKS)

Finally, Zacks Investment Research downgraded shares of AK Steel Holding from a "hold" rating to a "sell" rating in a report on Tuesday, March 21st. 05/04/201...


China approves mainland-HK bond connect program

Through the bridging of related Mainland and Hong Kong financial infrastructure institutions, investors in one market will be able to trade bonds in the other m...


Jefferies Group LLC Boosts Dcc Plc (DCC) Price Target to GBX 8500

Karp Capital Management Corp acquired a new position in BT Group plc during the first quarter valued at approximately $6,762,000. Lyondellbasell now has $33.24 ...


New Zealand's 2018 November Tour To Be Perfect Preparation For World Cup

New Zealand head coach Steve Hansen said in a statement: "We're delighted to be returning to Japan for what no doubt will be a great occasion". New Zealand Ru...


Robert Lighthizer sworn in as US Trade Representative

Republican Senators John McCain of Arizona and Ben Sasse of Nebraska said last week that they meant to oppose the nomination because Lighthizer "failed to reass...


Israel calls for embassy move to Jerusalem

McMaster , Trump's national security adviser, said Tuesday at a briefing for reporters ahead of Trump's Middle Eastern and European tour next week. "The sta...


OPEC sees much higher oil supply from rivals in 2017

NEW YORK, May 11 (Reuters) - Oil prices rose more than 1 percent on Thursday, as large drawdowns in US inventories and growing support for continued OPEC outpu...


Cyber attack is biggest of its kind ever launched, say security chiefs

Experts urged organizations and companies to immediately update older Microsoft operating systems, such as Windows XP, with a patch released by Microsoft Corp.t...


The 'Oracle of Omaha' Condemns Republican Health Care Bill At Berkshire Meeting

Warren Buffett says owning an index fund is better than owning shares in his own company, Berkshire Hathaway Inc. While it remains unclear how Trump's trade p...


Indian-origin techie links ransomware attack to N Korea

The U.S. Pacific Command said Sunday's test flight "is not consistent with an intercontinental ballistic missile". Haley says the US and China have been wor...


Singapore ruling could complicate task of securing post-Brexit EU trade deal

It said all 28 European Union countries need to approve the deal, which then needs to be tabled before European Union member states' national and regional parli...


Andy Murray suffers defeat to Fabio Fognini at Italian Open

The world number one and defending champion was ousted 6-2 6-4 by home favourite Fabio Fognini in his first outing in the Italian capital, less than a week afte...