Finance

Thousands of people fill arena to hear from Warren Buffett

Thousands of people fill arena to hear from Warren Buffett

The annual meeting, expected to draw more than last year's estimated 37,000 shareholders, is the main event of a weekend of events that Buffett calls "Woodstock for Capitalists". He's the company's la...

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India's Supreme Court Upholds Death Sentences Over 2012 Gang Rape

India's Supreme Court Upholds Death Sentences Over 2012 Gang Rape

On December 16 2012, the physiotherapy student and her friend climbed onto a bus in south Delhi, assured by the driver that they would be dropped off at their destination. Ranjana Kumari, a women's ri...

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The war with Canada: Day 2

Early on Tuesday, the White House announced that it has increased the tariffs on Canadian softwood imports to 20 percent after US President Donald Trump launched a trade war on the country's secon...

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Local impact of Trump's tax proposals

Local impact of Trump's tax proposals

But the outlines of his proposal, released Wednesday , are nothing short of hallucinatory. "A double standard deduction would have the effect of significantly increasing the number of taxpayers...

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Puerto Rico faces uncertain future as debt saga unfolds

Puerto Rico faces uncertain future as debt saga unfolds

Rosello activated Title III of the PROMESA bill, which provides a protection similar to bankruptcy that will allow the territory to restructure its debt under court supervision. A nonbinding referen...

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First made-in-China commercial jet has maiden voyage

Michel Merluzeau, director of AirInsightResearch, an aerospace & defence market analysis and consulting group, based in Seattle, told Xinhua that he was impressed by the role of the Chinese govern...

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Shankar's words inspiration to work harder: Rajamouli

Shankar's words inspiration to work harder: Rajamouli

Directed by SS Rajamouli, Baahubali 2 has Prabhas, Rana Daggubati , Anushka Shetty, Tammannah, Ramya Krishnan, and Sathyaraj in the lead roles. What most biggies collect on holidays, Baahubali 2: T...

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Federal Reserve keeps interest rates steady, hints at further hikes

The Fed raised its benchmark rate by a quarter percentage point at its last meeting in March to a target range of 0.75 percent to 1 percent. With the central bank largely expected to hold interest rat...

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Berkshire Meeting: Buffett on Wells Fargo's 'Huge, Huge, Huge Error'

Berkshire Meeting: Buffett on Wells Fargo's 'Huge, Huge, Huge Error'

Along with Berkshire vice chairman Charlie Munger, Buffett roundly praised Amazon CEO Jeff Bezos and bemoaned never owning a share of his company. "Any time you're paying somebody $10 or $11 when some...

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Cristiano Ronaldo undervalued in Portugal - Fernando Santos

The return leg is scheduled for Wednesday at the Bernabeu. The team has conceded fewer goals than any team except for Atletico Madrid . "Being Atletico Madrid we might just be capable of it". Sol...

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GOP gov: House health care bill needs work

Obama: Companies with more than 50 employees have to provide health insurance or pay a fine. The bill that the House passed on Thursday would let insurance companies resume the practice of discrimin...

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NRG Energy's Implied Volatility Is Rising

NRG Energy's Implied Volatility Is Rising

NRG Energy (NYSE:NRG) last released its earnings results on Tuesday, May 2nd. Analysts await Donegal Group Inc. For NRG, the company now has $2.42 Billion of cash on the books, which is offset by ...

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Houston home values are almost completely back to pre-recession levels

Houston home values are almost completely back to pre-recession levels

According to the report, which studied the nations's 100 largest metros, Chicago's most recent median home value, as determined in March by Trulia, is $225,051-nearly $50,000 lower than its peak prior...

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Puerto Rico Makes Unprecedented Move To Restructure Billions In Debt

As a US territory, Puerto Rico is blocked from traditional bankruptcy. SAN JUAN, Puerto Rico (AP) — Bondholders are taking action against Puerto Rico after a freeze on litigation that protected the ...

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1st Large Made-in-China Passenger Jet takes Off on Maiden Flight

One of the biggest components of the C919 jetliner - the core processing and display system - is being supplied by a joint venture between GE Aviation Systems and AVIC, a state-owned Chinese military ...

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Oil wipes out OPEC-inspired gains with break below $50/bbl

Brent futures were up US$1.20, or 2.5 per cent, at US$49.58 a barrel by 11:02 a.m. EDT, while US West Texas Intermediate crude was up US$1.09, or 2.4 per cent, at US$46.61 per barrel. The past two day...

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United CEO Munoz no longer to become chairman

United CEO Munoz no longer to become chairman

Munoz also agreed to the removal of another contract clause that would have allowed him to resign his post as chief executive if he was not also given the role of chairman, according to the filing. Th...

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Scam alert: You may not want to click that Google Docs link

The permissions even though camouflaged under genuine looking permissions, give the hackers access to the droves of personal data stored on Google accounts. This invitation requests you to open the fi...

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Google Docs user faced phishing attack; Issue got resolved now

This helps the attacker to get the access to your mail and address book. But if you didn't click the link, didn't open the email or deleted it, you won't have been affected. How is Google taking c...

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SS Rajamouli's 'Baahubali 2' to be dubbed in Japanese

The overseas market has shown some great strength for Baahubali. The final number might even cross Rs 900 crore mark. The movie has collected close to $22 million in all the global markets. In Tamil...

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China's first indigenous passenger jet completes maiden flight

Guests who witnessed Friday's test flight included Vice Premier Ma Kai and Han Zheng, Communist Party secretary from Shanghai. The twin-engine plane departed from Shanghai Pudong International Airpo...

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GOP targets law enacted after '08 financial meltdown

The bill cleared the Republican-led House Financial Services Committee by a vote of 34-26. The bill, sponsored by committee Chairman Jeb Hensarling (R-Texas), would undo the bulk of 2010's Dodd-Fra...

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Quarterly Sales Analysis of Sally Beauty Holdings, Inc. (NYSE:SBH)

On Monday, April 24 the stock rating was downgraded by KeyBanc Capital Markets to "Sector Weight". Earnings Surprise: According to the earnings report released for Quarter Ending_Dec-16, The Company...

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Pfizer Inc. (NYSE:PFE) & Celadon Group, Inc. (NYSE:CGI) Traders Recap

Celadon Group, Inc. (CGI ) have shown a high EPS growth of 5.60% in the last 5 years and has earnings decline of -41.80% yoy. The firm is scheduled to report its next earnings report on Wednesday, Apr...

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Wipro files complaint over threatening letter from unknown source

Wipro files complaint over threatening letter from unknown source

On April 7, a suspicious parcel containing white powder, proclaiming it to be Anthrax was delivered at Sholinganallur office of Infosys. Wipro, India's third largest IT services company, on Saturday...

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Comey says Federal Bureau of Investigation is looking into leaks to Rudy Giuliani

The FBI chief said Russian Federation is still interested in trying to affect US politics, and he believes it "a certainty" that Moscow will try to influence the elections in 2018 and 2020. Lordy, tha...

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Randgold Resources' cash machines keep churning even with a dip in production

Randgold Resources' cash machines keep churning even with a dip in production

WARNING: This news story was originally published by Markets Daily and is owned by of Markets Daily. In February, Randgold hiked its 2016 dividend by 52 percent after meeting its net cash target of ...

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French media warned to avoid publishing Macron leaks

An Ifop-Fiducial survey on Friday afternoon, hours before official campaigning closed at midnight, showed Macron on course to win 63 per cent of votes in the second round and Le Pen 37 per cent, the ...

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LaLiga: Cristiano Ronaldo to miss Real Madrid's match at Granada

LaLiga: Cristiano Ronaldo to miss Real Madrid's match at Granada

It's a case of dialogue with the players". Morata is likely to be joined by James Rodriguez, Lucas Vazquez and Marco Asensio, while Zidane will also have to make defensive changes after Dani Carvaja...

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Dollar rallies after Fed signals June rate hike likely

Much of the Aussie weakness came after the Fed made positive comments on the job market, reinforcing expectations of a rate hike in June. Investors took the statement as a sign the Fed is on track f...

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Google CEO made almost $200 million a year ago

The compensation committee of Alphabet Inc., Google's parent company, said that the compensation was paid keeping in mind Pichai's elevation and "numerous successful product launches", reported th...

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Airlines warned of intervention by Washington after passenger dragged from plane

Airlines warned of intervention by Washington after passenger dragged from plane

Shuster predicted a "one-size-fits-all" solution that may serve some airlines, but not all. Airlines' bad treatment of passengers has to stop, or else Congress will have no choice but to take action...

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Crude Oil Bearish After EIA Inventory Report

Crude Oil Bearish After EIA Inventory Report

Recent U.S. gasoline demand, a closely watched metric, is down by almost one quarter of a million barrels per day from past year. According to the secretariat of the Organisation of Petroleum Expor...

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Comey: Lynch meeting Bill Clinton on tarmac tainted probe

Comey testified a day after the unsuccessful Democratic presidential nominee said that she believed Comey's unusual letter to Congress on October 28 had essentially tilted the close race to her rival,...

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Fertilizer maker Mosaic shares slide 7% after company posts quarterly loss

Fertilizer maker Mosaic shares slide 7% after company posts quarterly loss

The company earned $1.58 billion during the quarter, compared to analysts' expectations of $1.68 billion. The 52-week range of the share price is from $22.77 - $34.36. If you are viewing this report o...

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