Finance

U.S. oil-rig count climbs for 15th straight week

U.S. oil-rig count climbs for 15th straight week

BMO Capital Downgrades Baker Hughes Incorporated (BHI)'s stock to Market Perform with no specific Price Target. Zacks Investment Research lowered Baker Hughes from a "buy" rating to a "hold" ratin...

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Long road ahead for Trump offshore drilling order

Dianne Feinstein, D-Calif., said in a statement . Obama administration officials said they were confident that Trump would not be able to reverse Obama's December action designating the bulk of USA...

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Southwest Will Stop Overbooking Flights

As US Congress prepares to hold hearings on airline customer service, the practice of overbooking flights is coming under scrutiny with airline policies being closely watched. The hearings come as Uni...

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Marine Le Pen stepping down from Front National in SHOCK move

Marine Le Pen stepping down from Front National in SHOCK move

A 39-year-old former investment banker who has never stood for public office before, Macron is expected to beat Le Pen in the run-off election by a margin of around 20 points. Voicing support for Macr...

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Mike Tyson Thinks Klitschko Can Win, Joshua Better Than Wilder

What is his gut telling him might happen when Anthony Joshua sees if his apprenticeship has been sufficient to do as Lewis did, and stick a nail in the coffin of the Wladimir Klitschko era? The Ukra...

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United Airlines & Dr David Dao reach amicable settlement

The airline has now reportedly reached a settlement with the passenger for an undisclosed amount. Prior to these policy shifts, United CEO Oscar Munoz sat down with NBC News' Lester Holt at the ...

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Chiefs Trade Up To Take Former Red Raider Pat Mahomes at 10

Chiefs Trade Up To Take Former Red Raider Pat Mahomes at 10

Defense is going to be the area of concentration in this draft, in the first round and through much of the proceedings in Philadelphia. Hey, he was still impressive. As long as his contribution is l...

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Presidential hopeful Macron hunts for France's rural vote

Mr Jalkh, who took over as party leader this week after Ms Le Pen said she would step aside to concentrate on her campaign, has come under fire over comments reported in a 2000 interview in which he a...

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Looters will have to return the loot, PM tweets over Mallya's arrest

Its beginning of the end of his good times, as Vijay Mallya is arrested by Scotland yard in London on charges of fraud. Despite multiple injunctions, Mallya failed to appear before investigators - a...

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Euro zone inflation returns to ECB target, core at three-year high

Even more strikingly, the figure after stripping out energy and processed food prices - known in the market as "core inflation" - hit a four-year high of 1.2%, after being stuck in a 0.7-0.9% range ...

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Jaitley promises no surprises in GST rate fixation

Jaitley promises no surprises in GST rate fixation

And therefore the benefit of reduction in taxation is a benefit that consumers are entitled to. "Money laundering, round tripping through shell companies and the recent case of Havala transactions h...

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United settles for undisclosed amount over Dr Dao removal

Passenger cellphone videos captured Dao screaming as he was being dragged off the flight. He said a "system failure" led to the incident. Dr. David Dao, the man who was forcibly removed from a Unite...

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Is Trump tax reform a step forward or backward?

President Donald Trump is putting another hot potato on the plate of Congress. Republicans who have railed against the national debt argued that the tax cut will stimulate the economy. The lack of s...

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Beyond coincidence: Top B.C. political donors gave $56M, got $15B

Beyond coincidence: Top B.C. political donors gave $56M, got $15B

Norman Ruff, a retired political scientist, said most people don't watch an entire debate but the sound bites and news stories about its defining moments could dominate the campaign for days. After so...

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Amit Shah begins 'Vistaar Yatra', marks grand arrival in Jammu and Kashmir'

Amit Shah begins 'Vistaar Yatra', marks grand arrival in Jammu and Kashmir'

He was received by the airport by the saffron party leaders and ministers and taken in a cavalcade to Government Guest House, where he will be staying during his visit to the winter capital of the Sta...

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Modi urges Indian Muslims to 'not politicise triple talaq debate'

Modi urges Indian Muslims to 'not politicise triple talaq debate'

Speaking at an event here, the PM also made an appeal to the Muslim community to come forward and solve the matter in order to protect women's rights. Kalburgi, who was killed in Dharwad, Karnataka, l...

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SunTrust Banks Equities Analysts Boost Earnings Estimates for The Coca-Cola Co (KO)

SunTrust Banks Equities Analysts Boost Earnings Estimates for The Coca-Cola Co (KO)

Blue Bell Private Wealth Management LLC now owns 2,377 shares of the company's stock worth $101,000 after buying an additional 150 shares during the last quarter. WARNING: This news story was posted b...

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Google parent Alphabet's profit up 29 percent on strong ad sales

Google parent Alphabet's profit up 29 percent on strong ad sales

Alphabet's Class C stock rose some 5% to over $46 a share during in after-hours trading. They have both shifted the focus to mobile advertising, and it is showing good results. CFO Ruth Porat notes...

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Weir Group (LON:WEIR) Noted As 'Hold' In Update From Numis Securities

The stock decreased 0.88% or $0.24 during the last trading session, reaching $26.94. About shares traded. Nabors Industries Ltd. (NYSE:NBR) has risen 5.08% since September 21, 2016 and is uptrending. ...

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Appeals Court Affirms Decision Blocking Anthem-Cigna Merger

Appeals Court Affirms Decision Blocking Anthem-Cigna Merger

Swedish said that how the DE court evaluated the situation would depend on the outcome in the antitrust appeal, and the company would "have to judge our go-forward position based on the decision of th...

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Relief for YS Jaganmohan Reddy as court refuses to cancel bail

Relief for YS Jaganmohan Reddy as court refuses to cancel bail

In its petition on March 28, the CBI referred to a recent interview given by former Andhra Pradesh chief secretary P Ramakanth Reddy to Sakshi Telugu television channel, promoted by Jagan's family. Th...

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Alphabet Q1 2017 Financial Results: Google Parent Company Starts The Year Strong

Alphabet Q1 2017 Financial Results: Google Parent Company Starts The Year Strong

But the falloff in video ad revenue was a concern for investors, after a controversy that erupted last month when marketers discovered that their commercials appeared in extremist hate-speech videos...

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US economic growth weakened to 0.7 per cent in first quarter

US economic growth weakened to 0.7 per cent in first quarter

A separate report from the Labor Department Friday showed that its employment cost index-roughly, a proxy for wages-had its best performance in almost a decade, rising by 0.8 percent . The trade defi...

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Stephen Colbert Picks Apart GOP Plans For 'Zombie Trumpcare'

Stephen Colbert Picks Apart GOP Plans For 'Zombie Trumpcare'

President, I know you're proud of your ratings, but... how do I say this: It's not normally a good thing to compare yourself to 9/11". Colbert began to imitate Trump: "My first 100 days have been hu...

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Liberal Leader Christy Clark explains difference between Liberal, NDP donations

Liberals to say from the first-class lounge that the big lobbyists and the big donors don't have influence, I'll leave that to your readers to decide", Horgan said. Clark used her time in northern B...

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US GDP growth slows to a crawl in Q1 2017

US GDP growth slows to a crawl in Q1 2017

Additionally, the report notes that the current-dollar GDP increased 3.0 percent , or $137.9 billion, in the first quarter to a level of $19,007.3 billion. The BBC quoted Paul Ashworth, chief U.S. ec...

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Alphabet paid Google CEO Sundar Pichai $200M in 2016

Despite recent concerns being expressed by advertisers about Youtube's ability to filter extremist content, revenue from advertising grew to $21.4bn, an increase from $18bn a year ago. But since the...

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Hey, Bill Gates! Jeff Bezos is almost richer than you

Hey, Bill Gates! Jeff Bezos is almost richer than you

In the quarter ending December 2016, the company had reported an operating loss of $487 million for its global business. Jeff Bezos, founder & CEO of world's second largest e-commerce company Amazon...

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Canada's Trudeau Defends Dairy System After Trump Criticism

Trump said Tuesday that a trade dispute with Canada has left dairy farmers in Wisconsin and NY without a market they had for their product. Canada's policy change has led to lower prices for Canadian ...

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Trump tells NRA: 'You have a true friend' in White House

And Chris Cox, the group's top lobbyist, said the NRA helped elect the "most proudly pro-gun" president in the nation's history. "She is not big for the NRA - that I can tell you", he said. At the...

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Google CEO Sundar Pichai received $200 million compensation in 2016

Alphabet Chief Financial Officer Ruth Porat said during the earnings call that "YouTube revenues continue to grow at a significant rate", dispelling concerns about the possible impact of an adverti...

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Oil Prices Felled by Libyan Oil Restart and Weak Gasoline Demand

Oil Prices Felled by Libyan Oil Restart and Weak Gasoline Demand

June WTI oil was up 6 cents, or 0.1%, to settle at USD49.62/bbl, staying near its lowest levels of the month. USA refineries have ramped up crude processing by 1 million barrels per day (bpd) over t...

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US truck, crossover sales spark jump in GM first-quarter profit

US truck, crossover sales spark jump in GM first-quarter profit

That's a 33-and-a-half percent increase from the same quarter a year ago, and the company's best first quarter ever. Total revenue from all markets reached $41.2 billion, and increase of 10 percent ...

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After bashing NAFTA, Trump may tweak it

After bashing NAFTA, Trump may tweak it

In phone calls Wednesday to Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau, the White House said , Trump "agreed not to terminate NAFTA at this time ". The United ...

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Bigger Revenues, Losses at Alphabet's 'Other Bets' in Q1

Bigger Revenues, Losses at Alphabet's 'Other Bets' in Q1

Advertising continues to deliver the bulk of the company's revenue, with a rise of 18.8% from a year earlier to US$21.41 billion despite reports of a widespread boycott of advertising on YouTube. The ...

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