Markets

Ford to cut 10pc of global workforce, report says

Ford to cut 10pc of global workforce, report says

Ford's move to cut its salaried workforce instead of assembly-line workers could protect it from scrutiny by President Donald Trump . When Autocar UK asked Ford UK whether British or European jo...

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USA stocks broadly higher in afternoon trading; oil rises

Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.96 earnings per share. (NASDAQ: ROST ) to post quarterly earni...

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TSA tests screening larger electronic devices separately

TSA tests screening larger electronic devices separately

TSA officials say the new procedure is not connected to the restrictions the agency imposed in March forbidding passengers from bringing electronic devices such as laptops into airplane cabins for f...

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OPEC likely to extend oil output cuts, but price relief elusive

Mills said that while "you can't say OPEC is dead", US oil producers are poised to scale up their share of the global oil market. OPEC's second-largest producer, Iraq , had insisted on limiting...

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Boeing will build DARPA's XS-1 Spaceplane

Boeing will build DARPA's XS-1 Spaceplane

Boeing will develop an autonomous, reusable spaceplane capable of carrying and deploying a small expendable upper stage to launch small (3,000 pound/1,361 kg) satellites into low Earth orbit. The firs...

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China stocks fall after rating cut, other Asian markets gain

The ratings cut has raised some concern Chinese firms may face higher overseas borrowing costs, forcing them to raise more financing at home and squeeze market liquidity. Moody's Investors Service ...

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Oil prices rise as market awaits extended output cut

Iraq's Oil Minister Jabbar Al-Luaibi said nearly all countries participating in the cut had agreed to extend it, though there was no consensus yet on how long the extension should be. Rising U.S. o...

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Jack Daniel's owner Brown-Forman says it is not for sale

Stock is now moving with a positive distance from the 200 day simple moving average of approximately 14%, and has a solid year to date (YTD) performance of 18.83% which means the stock is constantly a...

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Driver in Deadly Times Square Crash 'Heard Voices'

Driver in Deadly Times Square Crash 'Heard Voices'

A 13-year-old Portage middle school student is out of surgery after a crash that killed her sister in Times Square in New York City , a comment on Facebook from her father indicates. Police sa...

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Duterte places Philippine island under martial law, warns terrorists: 'I'll be harsh'

The emergency declaration took immediate effect and will last for 60 days, according to presidential spokesman Ernesto Abell. Duterte also said he might expand martial law to include Luzon and...

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President Trump meets with Pope Francis at Vatican

Or here delivering a papal dose of mirth to Angela Merkel in 2013 while they both fail miserably at rock, paper scissors. Many women, including high-ranking dignitaries, have visited the pontiff with ...

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23 million more uninsured with GOP health bill, analysts say

23 million more uninsured with GOP health bill, analysts say

Walden, chairman of the House Energy and Commerce Committee, issued the following statement regarding the Congressional Budget Office's score of the American Health Care Act . 1628 to help reduce p...

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Rouhani says Iran

Rouhani says Iran "heedless" of pressure to continue missile program

The Department of State released on May 17 its semi-annual report to Congress detailing sanctions imposed on persons involved in human rights abuses in Iran . Since the 1979 Islamic Revolution brou...

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Ivanka says Saudi progress on women 'encouraging'

Ivanka says Saudi progress on women 'encouraging'

Mr Trump was addressing the leaders of 50 Muslim-majority countries on Sunday afternoon in his first speech on foreign soil. Earlier in the day, Ivanka Trump met with a group of elite Saudi wome...

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Global cyberattack 'highly likely' linked to North Korea group

Global cyberattack 'highly likely' linked to North Korea group

A top cybersecurity firm say it's "highly likely" that the biggest cyberattack the world has ever seen is linked to a hacking group affiliated with North Korea . The malware included Trojan Volg...

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LS Investment Advisors LLC Boosts Stake in General Motors Company (GM)

LS Investment Advisors LLC Boosts Stake in General Motors Company (GM)

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Also, insider Stefan Jacoby sold 2,435 shares of the company's stock in a transaction dat...

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City of Coral Springs Holds Memorial Day Service May 29

He is a proud Marine who enlisted in the Corps right after high school, trained as an infantry assault man and later served in Cuba (GITMO) and North Carolina. The featured speaker on Monday will be r...

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Ford To Cut 10 Percent Of Global Workforce

Ford To Cut 10 Percent Of Global Workforce

Ford's plans to possibly cut its global workforce was first reported by the Wall Street Journal . Ford told BNN on Wednesday the moves come as part of a regular update on the company's progress of ...

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Manchester bomber unlikely to have been acting alone, says Rudd

Grande had been scheduled to perform in London this week, but her management team says she's cancelling all shows through June 5. According to the daily Telegraph, Abedi was "born in Manchester ...

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Ariana Grande's Manchester concert struck by terror attack

Ariana Grande's Manchester concert struck by terror attack

The suspected attacker has been named as Salman Abedi . Police on Tuesday raided his house, using a controlled explosion to blast down the door. Rudd said Britain's operational security could be...

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Venezuelan president compares treatment of officials overseas to Nazi persecution

Venezuelan president compares treatment of officials overseas to Nazi persecution

At least 43 people have died during weeks of unrest. Despite sitting on the world's largest proven oil reserves, years of mismanagement coupled with crashing commodity prices has led to triple-digit i...

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John Terry could retire after Chelsea face Sunderland

Watford reduced the deficit two minutes later after Daryl Janmaat surged into the area and finished with aplomb, while Stefano Okaka drew them level in the 74th minute with a close range finish a...

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Anthony Weiner Says His Sexual Deviancy Is A 'Sickness'

Anthony Weiner Says His Sexual Deviancy Is A 'Sickness'

The incident spilled over into the presidential race when investigators seized Weiner's laptop and found a cache of purportedly new emails that Democratic presidential candidate Hillary Clinton se...

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US Anti-Iran Policy Strengthens Terrorists in Middle East - Foreign Ministry

US Anti-Iran Policy Strengthens Terrorists in Middle East - Foreign Ministry

The UAE's USA ambassador, Yousef Al Otaiba, said in a statement that the promised donation reflects "our commitment to empowering women in our region and builds on the progress we have made in our cou...

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Banco Santander-Chile (BSAC) Receives Average Recommendation of "Hold" from Analysts

Banco Santander Brasil SA (ADR) (NYSE:BSBR) stock price escalated 3.85% to finalize at $7.82 throughout previous buying and selling session. Shares of Banco Santander Brasil SA ( NYSE:BSBR ) opened ...

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Moody's downgrades China, expecting financial strength to erode as debt rises

As a effect, notwithstanding the moderate general government budget deficit in 2016 of around 3 per cent of GDP, the government's direct debt burden is expected to rise gradually towards 40% of GDP by...

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Salesforce.com, inc. (CRM) Rating Reiterated by Piper Jaffray Companies

Salesforce.com, inc. (CRM) Rating Reiterated by Piper Jaffray Companies

Deutsche Bank AG reissued a buy rating and issued a $90.00 price objective on shares of salesforce.com, inc.in a research note on Tuesday, January 31st. from a "buy" rating to a "strong-buy" rating an...

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North Korea ready to mass produce new missile

North Korea ready to mass produce new missile

The launch came just a week after the North fired a Hwasong-12 intermediate-range missile, which according to Pyongyang flew nearly 800 kilometres and could carry a "heavy" nuclear warhead. The Pu...

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Stock Volume Ramping Up Mid-Session: Kimco Realty Corporation (NYSE:KIM)

Cohen Capital reported 0.08% of its portfolio in Kimco Realty Corp ( NYSE :KIM). The Waverton Investment Management Ltd holds 202,605 shares with $13.26M value, down from 220,225 last quarter. 03/22/2...

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Dollar holds above 6-1/2 month lows, Fed minutes in focus

Since the onset of the Great Recession in 2008, the Federal Reserve deviated from rules for determining interest rates to pursue an "accommodative monetary policy", Fischer explained. Assuming the...

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New sanctions coming for Venezuela officials

Venezuela saw frequent anti-government protests launched in April by the right-wing opposition coalition known by its Spanish acronym MUD to demand early general elections. "It's basically an autocrac...

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The Shooting Of Terence Crutcher Verdict Is Met With Peaceful Protest

The family of Terence Crutcher burst into tears and expressed outrage after jurors found Tulsa officer Betty Jo Shelby not guilty Wednesday of first-degree manslaughter in the September 16 shoot...

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OPEC, non-OPEC committee recommends oil cuts at same level

Even if the proposal is passed, oil sales from the SPR wouldn't start until 2018 and the overall amount of sales would be "small", Anas Alhajji, an independent energy expert and former chief economist...

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North Carolina gerrymandered districts suppressed black votes, Supreme Court rules

North Carolina gerrymandered districts suppressed black votes, Supreme Court rules

That's good news for Democrats: They have an opportunity in several states to draw more favorable congressional and state legislative maps ahead of 2018 elections. Therefore, it was an illegal racia...

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Analysts' Report Recap: Orbotech Ltd (NASDAQ:ORBK)

Zacks Investment Research lowered Orbotech from a "hold" rating to a "sell" rating in a report on Wednesday, May 10th. One equities research analyst has rated the stock with a sell rating, one has ...

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