Business

BHP Billiton to exit loss-making USA shale business

BHP Billiton to exit loss-making USA shale business

The announcement came even as the Australia-focused miner reported that rising commodity prices drove a more than fourfold jump in its full-year attributable profits and second-strongest level of free cash flows ever. But in FY2017 (12 months ending June 2017), BHP Billiton benefited from the significant improvement in commodity prices. Analysts had expected underlying earnings of around $7.4 billion, based on a Thomson Reuters I/B/E/S. Read More

Continue Reading »

'Up to her neck in it': Citizenship saga gets ugly

'Up to her neck in it': Citizenship saga gets ugly

To be honest I do not know their exact role but I don't believe they work for (Labor leader) Bill Shorten, ' she said . However, Senator Wong denied that her staff had precipitated the crisis over Mr Joyce's dual citizenship status and accused the foreign minister of unnecessarily creating a diplomatic incident with Australia's closest ally. Read More

Continue Reading »

Sell or Hold action?: Foot Locker, Inc. (FL)

Sell or Hold action?: Foot Locker, Inc. (FL)

Brokerage houses, on average, are recommending investors to hold The Gap, Inc. The results prompted a drop of almost 25% in its share price. The stock declined 26.53% or $12.66 reaching $35.04 per share. It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Finally, Deutsche Bank AG reaffirmed a "buy" rating and issued a $88.00 price target (down previously from $89.00) on shares of Foot Locker in a ... Read More

Continue Reading »

Gary Cohn stays on as White House chief economic adviser

Gary Cohn stays on as White House chief economic adviser

This is the largest one day sell-off in the Dow in over three months. The broad based weakness on Wall Street reflected concerns about ongoing political turmoil in Washington , D.C. At 11:16 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 20.82 points, or 0.14 per cent, to 15,103.03. Meanwhile, a Federal Reserve report showed manufacturing output fell 0.1 percent in July. Read More

Continue Reading »

76ers release schedule; host Golden State Nov. 18

76ers release schedule; host Golden State Nov. 18

Actually, the Rockets play host to the Clippers on December 22 in Houston , so the teams will have already played once by the time Paul makes his homecoming at his former place of business in downtown Los Angeles. We've circled 10 key games to watch this season. The season will end in NY as they play the Knicks on April 11. Even with Jimmy Butler Jeff Teague and Taj Gibson coming over, Minnesota is not ready to seriously contend. Read More

Continue Reading »

Neymar cleared to make Paris-Saint Germain debut

Neymar cleared to make Paris-Saint Germain debut

Today the French Football Federation, the FFF, confirmed that they have received the global transfer certificate, which would pave the way for Neymar's debut. "Have they decided, in a way to settle scores, to take the maximum amount of time allowed [to submit the paperwork]?" asked L'Equipe, the French daily sports newspaper. Read More

Continue Reading »

Equities fall on rising tension between US & North Korea

Equities fall on rising tension between US & North Korea

Yields of the benchmark 10-year U.S. Treasury fell to a one-and-a-half month low of around 2.20 percent in the Thursday session. The Russell 2000 index of smaller-company stocks gave up 8 points, or 0.6 percent, to 1,401. slumped 9.9 percent after the vehicle rental company cut its guidance following a weak second quarter. German flavors and fragrance maker Symrise fell 3.6%, with analysts pointing to margins missing estimates. Read More

Continue Reading »

Report says Trump immigration plan will cost 4.6 million jobs

Report says Trump immigration plan will cost 4.6 million jobs

The senators also propose to end a visa diversity lottery that has awarded 50,000 green cards a year, mostly to areas in the world that traditionally do not have as many immigrants to the United States, including Africa. Quotas and the free market simply can not coexist. Morning Consult was clear in its question that it was describing legal immigration only, and a 50 percent reduction. Read More

Continue Reading »

Asian shares slip as North Korea tensions build

Asian shares slip as North Korea tensions build

In a statement carried by the North's Korean Central News Agency, the commander of the strategic force of the North Korean military said the country plans to launch four intermediate- or long-range ballistic missiles that will cross over Japan and hit waters 30 or 40 kilometers from the us -controlled island of Guam, home to several usa military units. Read More

Continue Reading »

'Bachelorette' Rachel Lindsay Picked the Wrong Guy and America Lost All Respect

'Bachelorette' Rachel Lindsay Picked the Wrong Guy and America Lost All Respect

Rachel asks him what about marriage scares him, and he says nothing, but is obviously not being totally honest. " The Bachelor " season 22 is expected to premiere in midseason 2018 on ABC. We literally have to watch these two go on another date within a 30-minute time span, and it's basically a remix of all of Bry's greatest hits. He says he's not ready to propose because he's only known her for a few weeks, then swoons over the fact that Rachel gets emotional. Read More

Continue Reading »

India cuts rates by 25 basis points: central bank

India cuts rates by 25 basis points: central bank

The 25 bps cut in repo rate is on expected lines and this is bound to pave way for increased investments, said N Kamakodi, Chief Executive, City Union Bank. The RBI , in its policy statement , acknowledged that realised inflation has nearly consistently dropped as upside risks have greatly not materialized or have decreased. Read More

Continue Reading »

Schools prepare for total solar eclipse

Schools prepare for total solar eclipse

You won't want to miss it, but wearing the right eclipse glasses can save your eyes. This month, many people will have the chance to see a solar eclipse for the first time. Eclipse glasses are selling like hotcakes online but few vendors actually meet safety standards set out by astronomers, it turns out. In addition, the San Francisco Exploratorium is offering Android and iPhone apps that will offer five simultaneous live streams with coverage of the big event. Read More

Continue Reading »

Bitcoin rebels risk 'currency trading chaos — BBCI

Bitcoin rebels risk 'currency trading chaos — BBCI

Ryan Taylor, chief executive of Dash Core, a firm that manages the development of the Dash digital currency, said Bitcoin Cash may yet be short-lived. Bitcoin Cash won't include SegWit , either , a step some disagree with and want to avoid. One thing that should please the existing owners of bitcoin is that their bitcoin is safe and tomorrow they will get one bitcoin cash for every bitcoin they hold. Read More

Continue Reading »

I took a ride in Tesla's new Model 3

I took a ride in Tesla's new Model 3

Electric vehicle company Tesla has shown a willingness to break from automotive legacy, and it moves even further away with the Model 3 , where owners will rely on their smartphones to access and start the auto. But when exactly can you expect to receive your Tesla 3? - $9000 Long Range Battery, good for 310 miles of range, 110 miles more than the stock 220-mile battery. Read More

Continue Reading »

The Fed: No Rate Hike Today

The Fed: No Rate Hike Today

The Federal Reserve voted Wednesday not to raise its key interest rate and said it expected to begin normalising its $4.5 trillion balance sheet "relatively soon". In other precious metals, silver rose 0.5 per cent to $16.70 per ounce, after hitting its highest since June 29 earlier in the session. US stocks extended all-time highs ahead of Wednesday's statement amid corporate earnings and gains in commodities. Read More

Continue Reading »

U.S. stocks keep climbing, euro jumps after Draghi

U.S. stocks keep climbing, euro jumps after Draghi

Earlier on Thursday, the Governing Council left all the three interest rates and its Euro 60 billion monthly asset purchases that are set to run until the end of the year, unchanged. EDT (1856 GMT), while USA gold futures for August delivery closed little changed, up 0.01 percent at $1,242. The euro was slightly up ahead of the European Central Bank meeting later in the day. Read More

Continue Reading »

South Korea proposes rare military talks with North Korea

South Korea proposes rare military talks with North Korea

July 4 was a bad day for Washington's North Korea policy and not just because of Pyongyang's successful launch of an intercontinental ballistic missile. It is anxious about an influx of refugees and possible U.S. troops stationed on its border in a unified Korea. Moscow supports placing limitations on the North's nuclear program but is wary of sanctions and resolutely opposed to regime change. Read More

Continue Reading »

Trump's Russian circus: Scandal hijacks the administration's agenda

Trump's Russian circus: Scandal hijacks the administration's agenda

Pelosi noted that Special Counsel Robert Mueller's investigation is taking place inside the Justice Department , and the Senate and House intelligence committees are "inside" investigations as well. Pascrell used a resolution of inquiry in March when he tried to force the Ways and Means Committee to invoke its power under a 1924 law to require the IRS to turn over Trump's tax returns. Read More

Continue Reading »

Alfred Angelo store closures bring losses for brides, businesses

Alfred Angelo store closures bring losses for brides, businesses

The abrupt closure of dozens of Alfred Angelo stores across the country threw brides-to-be into limbo, leaving thousands of customers distraught over the prospect of finding another dress on short notice. "I was here last week and nobody said anything", said a teary Jessica Dearing. Several customers tweeted that they had yet to pick up their gowns and were anxious they'd be left without a dress or a refund. Read More

Continue Reading »

China's Nobel Laureate Liu Xiaobo Dies in Custody

China's Nobel Laureate Liu Xiaobo Dies in Custody

It was that very struggle, from his hunger strike at Beijing's Tiananmen Square to his insistent calls to end to one-party rule, that also made him a marked man in China . His love, courage and strength will never die'. United Nations High Commissioner for Human Rights Zeid Ra'ad Al Hussein also urged China to guarantee Liu Xia freedom of movement , and allow her to travel overseas should she want to. Read More

Continue Reading »

Voter information still being released -- Paul Malischke

Voter information still being released -- Paul Malischke

Merrill, the CT secretary of state. This was the second major assault by Trump's administration on citizen privacy, the first coming when his appointees to the Federal Communications Commission announced in May they plan to rescind previous "net neutrality" rules that prohibit commercial use of customer information held by internet service providers. Read More

Continue Reading »

Tesla CEO Elon Musk unveils his latest possession, the Model 3

Tesla CEO Elon Musk unveils his latest possession, the Model 3

Germany has its own purchase incentive program for electric cars , which isn't applicable to the Tesla Model S , given its high price point, but will likely apply to the Model 3 . "Hong Kong remains a significant market for Tesla , and we continue to sell cars there each quarter", Tesla said. Still, investors punished the stock, which at one point was down almost 20% from its historic high of $383.45 two weeks ago, when it had surpassed General Motors as America's most valuable ... Read More

Continue Reading »

Watch Samoa Joe Slam WWE Universal Champ Brock Lesnar Through a Table

Watch Samoa Joe Slam WWE Universal Champ Brock Lesnar Through a Table

The Hardy Boyz in a 30-Minute WWE Iron Man Match for the Tag Team Championship, and Brock Lesnar's defends his Universal Championship title against Samoa Joe. Not everything was brilliant (just how boring was that Intercontinental Title match!?), but the positives managed to outweigh the negatives. If memory serves me correct, that show took place in 1994 or 1995 and at that time, WWE was struggling financially. Read More

Continue Reading »