Markets

'Bernie Would Have Won': Sanders Supporters See Hope In UK Election

Britain's opposition Labour party Leader Jeremy Corbyn waves as he leaves the Labour Party headquarters in central London on June 9, 2017 . Supporters see him as a refreshingly authentic a...

by · Markets
Uber moves to repair tainted image with 20 firings, 1 hiring

Uber moves to repair tainted image with 20 firings, 1 hiring

The firings represent Uber's latest effort to quell a series of escalating controversies that have shaken the 8-year-old company to its core, analysts said . The post went viral and prompted othe...

by · Markets

Pound Dives As UK Plunges Into New Period Of Uncertainty

United Kingdom shares are likely to fall but not to crash heavily despite general election results pointing to an unexpected hung parliament on Friday morning and changing the picture on Brexit nego...

by · Markets

Defensives drive European shares after United Kingdom election upset

Spreadbetters had earlier suggested that London's main FTSE 100 stock index could fall as much as 1% on the election result, but the index - which is composed of companies that largely earn in for...

by · Markets

United Kingdom police name two London attackers, say one previously known to them

A 22-year-old Italian national of Moroccan descent was living in east London and reportedly worked in a Pakistani restaurant in Ilford. He changed, she said, when he went to Britain about a year ago...

by · Markets

McCain says his confusing questions resulted from tiredness

In his testimony before the Senate Intelligence Committee Thursday, former FBI Director James Comey recalled his state of mind as a White House meeting ended and President Trump ordered everyone b...

by · Markets

UK Prime Minister Theresa May: Will she stay or go?

Today Klug told the BBC that the strength of Labour's campaign had put it in the position where it could spare Britain from years of more Tory austerity. The British general election has p...

by · Markets
Bill Cosby admits he apologised to accuser's mother over alleged assault

Bill Cosby admits he apologised to accuser's mother over alleged assault

On Friday, this testimony was read on the fifth day of his sexual assault trial against alleged drugging victim Andrea Constand. Cosby's spokesman Wyatt said Camille Cosby continues to stand by ...

by · Markets

Trump commits to NATO mutual defense after hesitating

Trump faced journalists Friday in a joint news conference with Romanian President Klaus Iohannis , who is visiting the White House. President Donald Trump publicly reaffirmed his commitment to...

by · Markets

How should investors react to a hung parliament?

Spreadex Analyst, Connor Campbell noted "With sterling in ascendance the FTSE found itself flat after the bell, opening below 7500 for the first time in almost 3 weeks". It dropped as low as $1.26...

by · Markets

Democratic Unionists in Northern Ireland become election key

Earlier, Mrs May announced that she meant to carry on in No 10 at the head of a minority government with the support of the Democratic Unionists (DUP) after falling eight seats short of an overall maj...

by · Markets

Theresa May promises a "government of certainty" with DUP backing

Theresa May leaves 10 Downing Street, en route to Buckingham Palace to meet the Queen the day after the general election . The DUP declined to comment. May wanted to strengthen her hand in the immin...

by · Markets
How major US stock market indexes fared on Friday

How major US stock market indexes fared on Friday

TECH SLUMP: Technology stocks were down sharply, led by chipmaker Nvidia, which sank $12.36, or 7.7 percent, to $147.59. The reversal on an otherwise placid day was violent enough to spur soul-searc...

by · Markets

'WOW, Comey is a leaker!': Trump tweets response to Comey testimony

At Thursday's testimony , Former FBI director James Comey accused Trump of spreading " lies, plain and simple " about him and the FBI in the aftermath of his abrupt firing. "There might be corr...

by · Markets
Body of Frenchman missing after London terror attack recovered from Thames

Body of Frenchman missing after London terror attack recovered from Thames

Specialist officers have been searching the river since the night of the attack. Some 48 rounds were fired to stop the attack within eight minutes. Police also found a number of office chairs, grave...

by · Markets

May OPEC output highest since January

A weekly report from the Energy Information Administration on Wednesday showed USA crude, gasoline and distillates stocks swelled in the week ended May 26. Brent, the global benchmark, fell 52 cents...

by · Markets
Does Pirates of the Caribbean Still Have Sea Legs?

Does Pirates of the Caribbean Still Have Sea Legs?

One more highlight for Disney this weekend: global ticket sales have now topped $1 billion for the year. The film is projected to make approximately $76 million over the four-day weekend, which incl...

by · Markets
US Jobless Claims Fell Last Week

US Jobless Claims Fell Last Week

After four straight weeks where jobless claims came in lower than forecast, we have now seen two straight weeks where jobless claims have disappointed to the upside. Thursday's data also showed that c...

by · Markets
Qatar FM speeks with US Secretary of State

Qatar FM speeks with US Secretary of State

Categorization of Qatar as a terrorist state won't help alleviate the problems facing the region which is in need of unity, Erdogan told a group of Turkish diplomats late Tuesday, while carefully ...

by · Markets
Pension bill passes PA House, now heads to Gov. Wolf for signature

Pension bill passes PA House, now heads to Gov. Wolf for signature

It would not affect current employees or retirees. If they passed the allowance of the new machines, then it would reinstate that gaming revenue could once again be shared with local communities, wi...

by · Markets

House Passes Bill to Rein in Obama-Era Wall Street Regulations

Paul Ryan , speaker in the House, said: "This is a jobs bill for Main Street". The Senate is expected to gear its changes primarily toward helping community and regional banks and are unlikely t...

by · Markets

Marks and Spencer Group PLC (MKS.L)

The Company is engaged in supply of information technology (IT) managed services. It closed at $9.6 lastly. The Firm is focused on processing and marketing of nutrient dense products derived from ra...

by · Markets
IAG Cargo restores full services following epic IT failure

IAG Cargo restores full services following epic IT failure

The airline has been using couriers to reunite passengers with their bags but warned in its latest missive this may still take some time to complete. "We are extremely sorry for the frustration and ...

by · Markets

Van ECK Associates Corp Acquires 13902629 Shares of Kinross Gold Co. (KGC)

Other research analysts also recently issued reports about the stock. Credit Suisse Group AG restated a "hold" rating and set a $5.00 price target on shares of Kinross Gold in a research report on T...

by · Markets
Comeback for cut-exempt producers threatens to swamp OPEC

Comeback for cut-exempt producers threatens to swamp OPEC

U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $45.44 per barrel, down 20 cents, or 0.44 percent, from their previous close. Oil prices pared losses on Thursday, having hit one-month ...

by · Markets
Scottish independence dealt a blow after nationalists suffer losses

Scottish independence dealt a blow after nationalists suffer losses

After yesterday's parliamentary election, Scottish wealth managers have breathed a collective sigh of relief as the Scottish National Party ( SNP ) saw its vote fall sharply. The SNP went into the g...

by · Markets
Nordstrom considers taking it private

Nordstrom considers taking it private

Going private could allow the chain to reorganize outside the glare of public markets and the pressures of releasing quarterly earnings reports, and at a relative bargain price given the decline in th...

by · Markets

UAE turns screw on Qatar, threatens sympathisers with jail

Qatar said it leads the region in attacking what it called the roots of terrorism , giving young people hope through jobs, educating hundreds of thousands of Syrian refugees and funding community pr...

by · Markets
Trump says '100 percent' willing to respond to Comey under oath

Trump says '100 percent' willing to respond to Comey under oath

In their meeting, Trump and Iohannis will likely discuss the North Atlantic Treaty Organisation alliance, as Romania is a member. The president claimed Comey's testimony on Thursday before the Senat...

by · Markets

House Republicans Quietly Gut Dodd-Frank Protections

The Financial CHOICE Act , a massive bill from Republican Rep. Jeb Hensarling , the chairman of the House Financial Services Committee, would do away with numerous protections in the landmark Dodd-Fr...

by · Markets
RIAs tout their fiduciary status to clients as DOL rule implementation begins

RIAs tout their fiduciary status to clients as DOL rule implementation begins

But Acosta indicated that he has problems with the rule and that there still could be changes or a repeal before all of its provisions kick in next year. Respect for the rule of law leads us to the co...

by · Markets
Thiem rested and in form ahead of rematch with Djokovic

Thiem rested and in form ahead of rematch with Djokovic

Bidding to become the first man to win 10 titles at the same grand slam event, Nadal will next play Pablo Carreno Busta who beat Milos Raonic in a five-set thriller. Security officers check visito...

by · Markets
Alibaba Founder Jack Ma's Net Worth Went Up $2.8 Billion Overnight

Alibaba Founder Jack Ma's Net Worth Went Up $2.8 Billion Overnight

Alibaba owns China's largest e-Commerce platforms, including the most popular of them is Taobao. The Chinese conglomerate is now forecasting total sales growth of 45 to 49 percent this year, a ta...

by · Markets

Teva Pharmaceutical Industries Limited (ADR) (NYSE:TEVA) Second Successful Pivotal Trial

Shares of Teva Pharmaceutical Industries (NYSE TEVA ) traded up 2.47% during midday trading on Friday, hitting $30.26. The Camber Capital Management Llc holds 4.72M shares with $171.26M value, up f...

by · Markets

Bright Rock Capital Management LLC Sells 10000 Shares of Wells Fargo & Co

The legal version of this news story can be read at https://transcriptdaily.com/2017/06/08/national-pension-service-has-177-664-million-stake-in-wells-fargo-co-wfc-updated-updated-updated.html. Nation...

by · Markets