Markets

Buffett calls health bill a giveaway to wealthy

Berkshire is Wells Fargo's biggest shareholder. Buffett discussed Wells Fargo in response to a question about whether Berkshire's decentralized structure could prompt a recurrence. Apple, which Buff...

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Emergency Declared At Manhattan Project Nuclear Site In Washington State

The two tunnels at the PUREX facility are about 360 feet long and 1,700 feet long, and were used, starting in the 1950s, to store contaminated equipment, an update on the Department of Energy's Ha...

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Heritage Investors Management Corp Increases Stake in Wal-Mart Stores Inc (WMT)

Heritage Investors Management Corp Increases Stake in Wal-Mart Stores Inc (WMT)

Payden & Rygel boosted its stake in Wal-Mart Stores by 12.1% in the third quarter. The stock diminished about -2.9% in the past 5 years, this negative value indicates that the stock constantly going...

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Oil prices rise in expectation of Aramco supply cut to Asia

West Texas Intermediate (WTI) crude oil futures were trading at $46.87 per barrel, up 65 cents, or 1.4 percent from the last close. Oil prices were unable to make headway in USA trading on Monday ...

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Jonas Blixt and Cameron Smith pull away at Zurich Classic

Jonas Blixt and Cameron Smith pull away at Zurich Classic

Brown and Kisner both slide their birdie putts by the hole, Blixt pulled his and it was left to Smith to settle the issue from short range. The worldwide pairing of Blixt (Sweden) and Smith (Austral...

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Oil Rises On Prospect Of Output Cut Extending Beyond 2017

Oil Rises On Prospect Of Output Cut Extending Beyond 2017

U.S. West Texas Intermediate (WTI) crude futures were at $46.52 per barrel, up 30 cents, or 0.7 percent. For the first time since the OPEC agreed to cut output in November 2016, oil prices slid be...

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Saudi energy minister says may extend oil output cuts beyond 2017

US output is on pace to exceed peak production levels in July and could hit 10 million barrels per day in August, according to analysts, and USA shale producers reported bullish production outlooks fo...

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Suspect barricaded in home after DE officer killed

The memorial fund has been established at the Delaware State Police Federal Credit Union. Police have identified the man, Fournier said, but have yet to release his name. A man barricaded in his h...

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Warren Buffett Jokes, But Not About Berkshire Paying a Dividend

With big slugs of Berkshire Hathaway's portfolio struggling, including Wells Fargo and IBM, returns are converging with the S&P 500. Buffett also criticized Wells Fargo's leadership Saturday for lac...

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Russian Federation boosts Urals oil flow to India as OPEC cuts output - traders

Russian Federation boosts Urals oil flow to India as OPEC cuts output - traders

Crude has fallen below US$47 a barrel for the first time since the Organization of Petroleum Exporting Countries (OPEC) agreed to cut output in November. Crude oil prices edged lower early Tuesday wit...

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BUDGET 2017: One track mind for railway funding

BUDGET 2017: One track mind for railway funding

The Government will create a new corporation to build a second airport in western Sydney, at Badgerys Creek, and develop a business case for a new rail link for the Melbourne airport. "The Government ...

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Jakarta gov to appeal blasphemy prison sentence

Jakarta gov to appeal blasphemy prison sentence

Jakarta's popular minority Christian governor Basuki " Ahok " Tjahaja Purnama is escorted into court by prosecutors for his sentencing hearing today. The two-year prison sentence came as a shock to m...

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Buffett: United Airlines Made A 'Terrible Mistake' In Passenger Incident

Munoz has since " apologized many times, but your first reaction is going to get a lot of attention". More than 30,000 people are expected to attend the annual Berkshire Hathaway shareholders meeti...

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Cook: Apple Spending $1B for Advanced Manufacturing Jobs

Cook added Apple will give money to programs to train more app developers as well, with an announcement coming this summer. "We give back in job creation". I actually think comprehensive tax reform ...

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Credit Suisse Issues Price Target With 44.14% Upside On Glencore PLC

The SI to Globalscape Incorporated's float is 0.16%. About 9.54 million shares traded. Pearson plc (LON:PSON) had its target price hoisted by equities researchers at Berenberg Bank from GBX 400 ($...

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Standard Life/Aberdeen: 800 jobs to go in merger

Standard Life/Aberdeen: 800 jobs to go in merger

Aberdeen Asset Management (Aberdeen) have several offices throughout the Asia-Pacific region with Standard Life having a Hong Kong presence. Scottish fund managers Standard Life and Aberdeen Asset ...

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Gold inches up from 8-week low as dollar slides

Gold inches up from 8-week low as dollar slides

Globally, gold prices firmed up 0.24 percent to Dollars 1,230.90 an ounce in Singapore after pro-European centrist Emmanuel Macron won the French presidential election. "Gold has lost its appeal as ...

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Hong Kong stocks rise to fresh 21-month high despite China slump

Hong Kong stocks rise to fresh 21-month high despite China slump

On a monthly basis, the CPI climbed 0.1 percent. The producer price index (PPI), which measures costs of goods at the factory gate, rose 6.4 percent year on year in April, down from 7.6 percent in...

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Oil slides below $45 as United States shale confounds Opec

Some analysts, however, expect Opec members to extend production cuts later this month, although the prospect of deeper cuts appeared slim. Some analysts, as quoted by Reuters, believe the downwa...

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David Dao & United Airlines Reached An

David Dao & United Airlines Reached An "Amicable Settlement"

Dr. Dao's legal team also announced Thursday they've reached a settlement with United for the incident on April 9th. Republic Airways, United's regional partner which operated the flight that ...

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Trump's plan to cut corporate tax would be profit tailwind

Buffett mentioned those hurdles again on Monday, particularly one that prevents foreign firms from fully owning companies in India. Warren Buffett is considered one of the world's greatest investors...

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Federal government relaxes nutrition standards for school lunches

Federal government relaxes nutrition standards for school lunches

The changes, announced Monday by Sonny Perdue , President Trump's Secretary of Agriculture, will offer schools more flexibility, as the School Nutrition Association , a consortium of food manufact...

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Spurs, Rockets try to wake up NBA's sleepy second round

Spurs, Rockets try to wake up NBA's sleepy second round

Nene suffered the groin injury in the first quarter of Sunday's Game 4 win over the San Antonio Spurs. Taking advantage of the Spurs' porous defense, especially in transition, the Rockets knock...

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President Trump fires FBI Director James Comey

President Trump fires FBI Director James Comey

Commentators and elected officials were quick to note that the firing comes as the FBI is investigating any Russian meddling in the 2016 election, and any Russian ties to Trump associates. Representat...

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Pittsburgh Penguins vs Washington Capitals in National Hockey League playoffs Game 7

They've shown some impressive resilience over the past two games, avoiding elimination with dominating wins. The Pittsburgh Penguins have lost four straight games when allowing more than two goals. Ea...

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New photo of Princess Charlotte released ahead of birthday

The couple released a similar photograph of Charlotte past year to celebrate her turning one. For Charlotte's first birthday, mom Kate got behind the camera to take the sweet pictures, which showe...

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Coach to buy rival Kate Spade for $2.4 billion

Handbag maker Coach Inc. has been looking for an acquisition for months now, as it looks to turn around its business in the ever-slow handbag market. The handbag and accessories maker said Monday it...

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Syria And Israel's Rocky Relationship Might've Just Gotten Worse

That depot, they said, was used by Hezbollah - jihadis backed by the Syrian regime. Prime Minister Benjamin Netanyahu had "said that whenever we receive intelligence that indicates an intention to...

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Tunnel with nuclear waste collapses in Washington state

Tunnel with nuclear waste collapses in Washington state

A 20-by-20-foot section of a tunnel used to store contaminated equipment at Hanford has caved in, and was discovered during a routine inspection this morning, according to the Department of Energy ....

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US House approves tighter North Korea sanctions

The bill bars ships owned by North Korea or by countries that refuse to comply with United Nations resolutions against it from operating in American waters or docking at US ports. "North Korea should ...

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Kochie's verdict on the Federal Budget

Shadow Treasurer Chris Bowen said the Budget was an "attempted by failed catch-up with Labor" when he faced Ms Sales soon after Mr Morrison."Whether it is health , where they have not fully unwound t...

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Trump Abruptly Fires FBI Director James Comey

Trump Abruptly Fires FBI Director James Comey

President Donald Trump abruptly fired FBI Director James Comey Tuesday, ousting the nation's top law enforcement official in the midst of an investigation into whether Trump's campaign had ties to R...

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Warren Buffett To Shareholders: 'We Messed Up By Not Investing In Amazon'

The Oracle of Omaha is bullish on Apple's flagship iPhone product. According to FactSet, Berkshire Hathaway is UAL's largest shareholder with a more than 9 percent stake. Buffett said he still bel...

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Messing with NAFTA: 14 million American jobs are on the line

Messing with NAFTA: 14 million American jobs are on the line

He said that he had received calls from the two countries' leaders asking him to "renegotiate Nafta rather than terminate". The U.S. dollar dropped 0.6 percent on its Canadian counterpart and 1 perc...

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Nisaba Godrej to take over as Godrej Consumer chairperson

Nisaba Godrej to take over as Godrej Consumer chairperson

Nisaba who has been touted as one of the youngest chairpersons in corporate India will take it upon herself to handle a consumer goods major that has a consolidated revenues of Rs 9,600 crore, accordi...

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