Markets

Delta Airlines Breaks Silence After Kicking Family With Babies Off Flight

Delta Airlines Breaks Silence After Kicking Family With Babies Off Flight

The incident occurred around midnight on April 23 on Delta Flight 2222 from Maui to Los Angeles. Delta Airlines scrambled to issue a public apology Friday after a video of a California famil...

by · Markets

ConvaTec Group Plc reiterated as Neutral By Credit Suisse

The stock increased 0.64% or $0.12 during the last trading session, reaching $18.81. Jefferies now has a GBX 1400.00 target price on the 14.28 billion GBP market cap company or -0.07% downside potenti...

by · Markets

'Breaking point': Puerto Rico files for historic $70bn bankruptcy

Puerto Rico teetered into insolvency Wednesday as the chronically troubled US territory of 3.4 million citizens buckled under its ever-increasing debt, which stands at $73 billion. This is a debt rest...

by · Markets

Warren Buffett has sold off a third of Berkshire Hathaway's IBM stakes

But Buffett also told CNBC past year that he "could be wrong", and if he is, he can "accept that". He noted that IBM was not where he (or the company) expected it to be when he started acquiring share...

by · Markets

China's first giant passenger jet is slated for maiden test flight

The narrow-body C919 jet - white with green and blue stripes - soared over Pudong worldwide airport in the commercial hub Shanghai as a crowd of thousands cheered. The aircraft's list price amounts to...

by · Markets

Macron seen winning French presidential runoff with 62 percent of votes

Her big global coup during the campaign was a meeting with Russian President Vladimir Putin in March, when she said he represented a "new vision" of the world. "The files circulating were obtained sev...

by · Markets
Analyst Reviews on Overbuying: VWR Corp (NASDAQ:VWR)

Analyst Reviews on Overbuying: VWR Corp (NASDAQ:VWR)

Zacks Investment Research raised VWR Corp from a "sell" rating to a "hold" rating in a research note on Wednesday, March 8th. Finally, Deutsche Bank AG reiterated a "hold" rating and set a $26.00 p...

by · Markets

Buffett cuts stake in IBM and shares slide

IBM stock was down 2.7% in the premarket on news of Buffett's partial capitulation. He noted that IBM was not where he (or the company) expected it to be when he started acquiring shares six years ago...

by · Markets

Uber Faces Criminal Probe Over Software To Distract Regulators

A Justice Department spokesman and an Uber spokesman declined to comment. Uber's use of the software was revealed earlier this year by the New York Times . "This program denies ride requests to use...

by · Markets
Oil craters to its lowest level since November

Oil craters to its lowest level since November

Traders also pointed to soaring US oil output, up more than 10% since mid-2016 to 9.3 million bpd, levels not far off top producers Russian Federation and Saudi Arabia. The past two days of falling pr...

by · Markets

House panel passes Republican measure gutting Dodd-Frank reforms

Hensarling and other members of the House Financial Services Committee with tens of millions of dollars in campaign cash", Karl Frisch, executive director of Allied Progress, said in a statement ...

by · Markets
NZD drops as Fed leaves hike in prospect

NZD drops as Fed leaves hike in prospect

The unemployment rate dipped to 4.4% from 4.5%, the lowest rate since May 2007. The Fed in its statement showed little concern about a softening in inflation, characterizing it as "running close to ...

by · Markets

CIRP data illustrates the 'pause' in iPhone sales described by Tim Cook

Vetr downgraded Apple from a "strong-buy" rating to a "buy" rating and set a $133.22 target price on the stock.in a research note on Monday, January 9th. Apple sold 50.76 million iPhones in its fi...

by · Markets

Trump's latest trade tactic: Blame Canada

The moves come as the relationship between the two North American nations is the focus of the Great Lakes Economic Forum, being held jointly in Detroit and Windsor. The statement from Ottawa said d...

by · Markets

Philippines' Duterte gives China free pass over sea row

China has built a series of artificial islands on reefs and rocks in attempt to bolster its position, complete with military-length airstrips and anti-aircraft weapons. "That only shows the president ...

by · Markets

Penguins relying on grit, defense to take control vs. Caps

It's Pittsburgh's series to lose now, and the Capitals only have themselves to blame for their untimely Game 4 mistakes. Pittsburgh's 3-2 win in Game 4 on Wednesday night gave them a 3-1 series lea...

by · Markets
China's Tencent 'deeply sorry' for Russia WeChat block

China's Tencent 'deeply sorry' for Russia WeChat block

Russian Federation has banned Chinese instant messaging app WeChat, saying its operator failed to register with the appropriate authorities. According to the Global Times, WeChat officials said Fri...

by · Markets
Marine Le Pen temporarily steps down as National Front leader

Marine Le Pen temporarily steps down as National Front leader

A centrist who has never held elected office, Macron would be France's youngest ever president. Union leaders later felt betrayed when the Hayange plant's blast furnaces were mothballed in a deal ...

by · Markets

Obama endorses Macron in France's presidential runoff

The National Front's Le Pen would close borders and quit the euro currency, while Macron, who has never held elected office, wants closer European cooperation and an open economy. Macron's campaign te...

by · Markets

Cops in shooting death of Alton Sterling aren't off the hook yet

The Baton Rouge police chief has said Sterling was armed. But Sterling's family said the father of five was minding his own business and did not deserve to die. He has ordered a review of federal ...

by · Markets

Buffett dumps Big Blue: 'I don't value IBM the same way ...'

The billionaire chairman and chief executive officer of Berkshire said he has since stopped selling, according to the broadcaster. An image of Warren Buffett is seen as Berkshire Hathaway sharehol...

by · Markets

Bernie Sanders Mocks Donald Trump Over Health Care Gaffe

Mr Trump and his wife Melania shared a table with Mr Turnbull and his wife Lucy at an exclusive dinner on board the decommissioned aircraft carrier to mark the 75th anniversary of the Battle of the Co...

by · Markets

SpaceX delays launch of secretive satellite for US Intelligence agency

The launch at the Kennedy Space Center in Cape Canaveral Florida, was delayed by a day due to a sensor problem. SpaceX is the brain child of Founder of Tesla, Elon Musk who announced himself on Twi...

by · Markets

Le Pen lifts parts of rival's speech, aides brush off plagiarism accusations

France's tense presidential race is colliding with May Day labor marches in a campaign dominated by worries over jobs and seen as a test of populism's global appeal. Le Pen on Saturday said that ditch...

by · Markets

Cinco de Mayo in Trump era leaves Mexican-Americans torn

LAS VEGAS - As Oscar De La Hoya stepped to the podium for the final press conference before Saturday's fight between Canelo Alvarez and Julio Cesar Chavez Jr., he smiled as he looked around the room...

by · Markets
Pre-existing conditions and the health plan: Who's covered?

Pre-existing conditions and the health plan: Who's covered?

Under the version that passed the House, states would be able to create their own list of " essential health benefits ". As late as Tuesday The Associated Press counted 21 GOP opponents - one short of...

by · Markets

GOOGL) continues to beat expectations — Alphabet Inc(NASDAQ

There was equally stunning growth on the sales side as revenues rose 22 percent to $24.750 billion (£19.1bn) from $20.257 billion (£15.7bn) in the same year-ago quarter. The business now represents ab...

by · Markets

China's 1st big passenger jet completes maiden flight

The aircraft departed from Shanghai Pudong International Airport and flew over Shanghai's neighboring county of Qidong, in the Jiangsu Province, for 1 hour and 20 min. Boeing predicted last year that...

by · Markets
Not Terminating NAFTA, for Now: President Trump

Not Terminating NAFTA, for Now: President Trump

It is important to note that even if an executive order was drafted and signed, Trump can not simply pull out of NAFTA without some time passing. The White House said the phone conversations wer...

by · Markets
Wladimir Klitschko posts Classy Message On Social Media

Wladimir Klitschko posts Classy Message On Social Media

Speaking on how he feels achieving such feat, the visibly elated Joshua said, "Very humbled and not just for myself, but for the people that have worked with me, so it is important that I can only rep...

by · Markets

Tillerson Meets ASEAN Ministers For Support On North Korea

Murphy said Washington was not encouraging ASEAN states to formally cut diplomatic ties, but to examine the North Korean presence "where it clearly exceeds diplomatic needs". "We had a very good mee...

by · Markets

Details on Trump's Tax Reform Plan to Be Announced Next Week

Treasury Secretary Steven Mnuchin initially set a goal of getting tax reform passed by August, but that deadline has slipped. If you would like to discuss another topic, look for a relevant article. B...

by · Markets

C919 jet's maiden flight tests China's aviation ambitions

But even Comac workers conceded in conversations with Fortune that their first plane, the C919, wouldn't do that. Airbus also "welcomes" the competition brought by the C919 "which is good for th...

by · Markets

Tesla's revenue more than doubles, helped by record deliveries

Tesla is also expanding its network of stores and charging stations to meet anticipated demand. The figure also surpassed the Zacks Consensus Estimate of $2,561 million. Revenues from Automotive ...

by · Markets

GOP-led panel OKs bill to overhaul Dodd-Frank

Democrats countered that the GOP effort risked a repeat of the 2008 meltdown that pushed the economy to the brink of collapse. On the other side of the debate, the American Bankers Association cal...

by · Markets