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NYC luxury buildings to drop Trump name

The change comes after some of the building's residents started an online petition to "dump the Trump name" after the real estate mogul leaped into the presidential election. I'm embarrassed to tell people where I live. They have a view of both the river and Riverside Park. "It wasn't a random protest, it was a very specific protest".

Business

Modi promises to ease cash crunch

Its seems like a country wide shutdown is being observed. Indians queue inside a bank as they wait to deposit and exchange 500 and 1000 notes in Allahabad, Uttar Pradesh, on Saturday. After a teary-eyed emotional appeal to citizens to bear some pain and back the fight against corruption, Modi on Monday defended his move to withdraw 500-rupee and 1,000-rupee notes, which accounted for 86 percent of money in circulation.

Business

Modi promises to ease cash crunch as united opposition mounts attack

He said it will help reduce the rich-poor divide in the country. "Their basic needs like food are not being met because they can't use the cash to buy food and there is not enough cash with them anyway". It has also extended the suspension of tolls on national highways through November 18, the Ministry of Road Transport and Highways said in a statement on Monday.

Business

Thousands Of NYers March Up Fifth Ave. In Protest Of Donald Trump

Godfrey Cronin, who was stationed at Federal Plaza around 3 p.m. Thousands are expected to join protests throughout the weekend in L.A., San Francisco, Las Vegas and overseas. Officers said most of the arrests happened after crowds failed to obey many orders to clear the streets downtown. On Saturday, a group of Mexicans at statue representing independence in Mexico City expressed their concerns about a possible wave of deportations.

Business

Assange questioning ends in London; no decision yet

Swedish prosecutors will weigh his version of events before deciding whether to charge him with a crime. Swedish prosecutor Ingrid Isgren, who will be attending the questions of Assange along with Ecuadorian authorities and police, was seen entering the embassy on the morning of Monday (14 November 2016).

Business

Corps of Engineers puts Dakota Access Pipeline construction on hold

The Army Corps of Engineers called Monday for more study and input from the Standing Rock Sioux before it decides whether to allow the pipeline to cross under Lake Oahe. They have challenged the U.S. Army Corps of Engineers' decision to grant permits at more than 200 water crossings and argue that the pipeline would be placed less than a mile upstream of the reservation, potentially affecting drinking water for more than 8,000 tribal members and millions downstream.

Business

India struggles as millions throng banks to swap currency

Overwhelmed banks have been unable to ensure that people don't line up a couple of times, since IDs such as drivers' licenses and passports are not linked to bank or tax accounts. "Micro-ATMs can be extended in the shortest possible time and the more cash-in, cash-out points are there, the more it will help the public", Ashok Kumar Singh, director (financial institutions) at the finance ministry told Economics Times.

Business

Barton Investment Management Lowers stake in Northern Trust Corporation (NTRS)

The average volume stands around 1.12 million shares. Northern Trust Corporation has its YTD performance of 16.74 Percent. The shares were sold at an average price of $72.35, for a total transaction of $551,017.60. Year to Date (YTD) performance of Northern Trust Corporation (NASDAQ:NTRS) is 16.74 percent while its Performance (Week) is 11.92 percent and Performance (month) is at 17.33 percent.

Business

The Mexican Peso Sinks Even Further

The peso has tanked on fears that Trump's policy initiatives including building a border wall, deporting millions of undocumented immigrants and renegotiating trade deals could significantly hurt Mexico's economy. We are a Northern climate here, which puts us in a situation to import more from the United States than the other way around, ” he added. (PHOTO: AFP ) Donald Trump won key states in the so-called Rust Belt, a former industrial region.

Business

Marijuana laws passed in states across the country

On the recreational marijuana side, one of the biggest surprises was a strong showing in favor of legalization in MA where voters approved the measure by a strong 54-46 showing. Packaging for edibles would need to be childproofed and designs would be aimed to appeal to adults, not children. Around Michigan, 18 cities have approved local ordinances to legalize or decriminalize the recreational use of marijuana .

Business

United aims at budget travelers with 'Basic Economy' fares

Additionally, passengers will not be able to earn rewards when flying on the fares. United said that it will offer Basic Economy fares on selected flights, and didn't say how much less they would be than regular economy seating. "We have the best people and network, with ever-improving products, and importantly have the most opportunity to improve our margins among our industry peers", said Scott Kirby, president.

Business

Advance Auto Parts Breaks Above 200-Day Moving Average - Bullish for AAP

Argus reiterated a "buy" rating and set a $185.00 price target on shares of Advance Auto Parts in a research report on Wednesday, August 31st. After the day began at $86.39, the stock was seen hitting $86.60 as its intraday high price and $85.16 as its bottom price.

Business

Steve Bannon: Donald Trump's Controversial Senior Counselor and Alt-Right Hero

Trump's top advisers defended Bannon by pointing to his military record and his former job as a Goldman Sachs executive. On Sunday, the Wall Street Journal reported that Trump seemed surprised by the scope of the duties of the president.

Business

Congress says demonetisation no war against black money

The demonetisation move, he admitted, had caused problems to the people but added that they were braving it out for the larger good and progress of the nation. "According to my assessment people will continue to suffer for two months and more" due to the tardy implementation of the black money decision. As the opposition parties launched separate but sharp attacks on the Modi government, West Bengal Chief Minister Mamata Banerjee continued her efforts to bring together select parties against ...

Business

Hong Kong backs China bid to bar rebel lawmakers

The interpretation involves an article in Hong Kong's constitution, known as the Basic Law, that covers oaths taken by lawmakers. It comes after pro-independence lawmakers Yau Wai-ching and Baggio Leung included expletives and derogatory terms in their oaths of office last month, and draped themselves in " Hong Kong is not China" flags.

Business

India rupees: Chaos at banks continues after ATMs reopen

Notes can be exchanged at banks and post offices. "I have only come here to check if I can change my old notes for a new currency even if I don't have an account with the bank", RP Singh, a newspaper vendor, said outside a bank in New Delhi .

Business

Tribal leader encouraged by Dakota Access delay

Protests supporting the Standing Rock Sioux have been ongoing for months, with more than 260 people arrested so far in North Dakota. That waterway, the Missouri River, was dammed decades ago, flooding the tribe's historical lands as it formed what is now called Lake Oahe.

Business

Trump says relations with China will be 'one of strongest'

The devaluation of China's currency may fuel calls for U.S. President-elect Donald Trump to follow through on his promise to label China a " currency manipulator ". However, Trump has offered no clear prescriptions for the strategic issues that plague ties between the two powers, from the future of Taiwan to Beijing's territorial claims in the South China Sea and North Korea's nuclear program.

Business

Japan sinkhole: Engineering marvel as giant hole fixed in just two days

The job was complicated by the water which had seeped in from sewage pipes destroyed by collapsing sections of road. The workmen also managed to fix electricity, gas and water lines in the same time frame, after they were all broken during the accident.

Business

Battered houseboat washes up in Co Mayo after apparently drifting across Atlantic

Ballyglass Coast Guard were called out yesterday evening to check out a odd vessel that had been spotted washed up on the shore of Cross Beach, Belmullet in Mayo. Comments and photos shared underneath the post suggest that the craft - in a much better condition - was previously spotted at Portugal Cove, Newfoundland.

Business

9-story New Zealand building in risk of collapse

It also brought down rocks and mud that swept across highways and cracked roads. Brownlee said 1,000 tourists were stuck in the town, which is a popular destination for travelers taking part in whale-watching expeditions. His wife helped a 93-year-old neighbor and a tourist into her auto and drove to higher ground, he said. The NZDF said 5000kg of food, water, hygiene products and jerrycans of diesel were in Christchurch ready to take to Kaikoura.

Business

BMO Capital Cuts Price Target On Valeant Pharmaceuticals Intl Inc

This would imply the analyst believes there is a potential upside of 31 .7% from the opening price of 18.23 Dollars. A number of other research firms have also recently issued reports on VRX. Now shares have been suggested as BUY from 1 brokerage firms and recommended as Strong Buy by 2 brokerage firms.0 brokerage firms have issued Sell rating for the company and Strong Sell rating was issued by 2 brokerage firms.9 brokerage firms have rated the company as a Hold.

Business

Four large Wells Fargo shareholders want more action from board

Shares of Wells Fargo & Co. Tradewinds Capital Management LLC increased its stake in Wells Fargo & Co.by 4.7% in the second quarter. Weekly volatility of CHCI is 4.21% and monthly volatility is 3.05%. Wells Fargo & Co.'s quarterly revenue was up 2.1% on a year-over-year basis. The current share price indicates that stock is -2.36% away from its one year high and is moving 23.22% ahead of its one year low.

Business

UPS air maintenance workers vote 98 percent to authorize strike

The Teamsters Union, which represents the mechanics, has been seeking a new contract for more than three years. Air mechanics with UPS have voted to authorize a strike. Despite this, the company remained optimistic it would be able to come to an agreement with the mechanics, perhaps boosted by the fact that they were able to agree to a new deal with UPS pilots this past summer.

Business

GE is on an IoT buying spree

As a result of this transaction, customers will be able to access these offerings from a modern rapid application development cloud and field-ready mobile platform that combines the strength of GE's deep domain expertise and advanced industrial portfolio with ServiceMax's field service expertise.

Business

Aer Lingus Announces Dublin To Miami Direct

The airline's winter route from Dublin to Fuerteventura will be extended into the 2017 summer schedule. The Dublin to Los Angeles service will operate daily during peak summer months, with the Chicago route increasing to twice daily and the Orlando route increasing to four times weekly.

Business

Teva Pharmaceutical reiterated as Outperform By RBC Capital Markets

Teva Pharmaceutical Industries has a 52-week low of $37.82 and a 52-week high of $66.55. The company has a 50 day moving average of 43.93 and a 200 day moving average of 50.26. RBC Capital Mkts have set their target price at 58 United States dollars on its stock. Ten analysts rating the company a strong buy, 9 firms rating the stock a buy, 6 equity analysts rating the company a hold, zero brokers rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus ...

Business

Donald Trump's 45% Tariff on China Exports Could Backfire Against the iPhone

Reacting to the threat, Global Times , a Communist Party newspaper, had said in an editorial that China would hit back any such move, and impose its own set of trade barriers. Chinese President Xi Jinping, in his first telephonic conversation with the president-elect, reportedly said cooperation is the only choice that Beijing has.

Business

Report warns of Asia arms race if Trump withdraws US forces

The editorial promises that if Trump tries to wreck Sino-US trade, then a number of US industries will be impaired. According to the Global Times (Chinese newspaper), "A batch of Boeing orders will be replaced by Airbus". If that happens, then Apple's bottom line will be gutted, particularly if Donald "Prince of Orange" Trump follows through on his promise to force the Fruity Cargo Cult back to the US.

Business

Company: Dakota Access pipeline could move oil in early 2017

The pipeline company Energy Transfer Partners is building the pipeline to bring crude oil from central North Dakota, near the Bakken oil fields, down to IL. In court documents , allies of the tribe alleged the pipeline route goes through sacred sites, and argued the tribe had not been able to survey the area for cultural artifacts and graves before the route was approved.

Business

Saudi oil minister says OPEC production cut 'imperative'

The International Energy Agency estimates that OPEC members pumped 33.8 million barrels a day in October after production recovered in Nigeria and Libya and hit an all-time high in Iraq . In London , January Brent crude fell $US1.09, or 2.4%, to $US44.75 a barrel. OPEC also said it would seek to bring leading non-OPEC producers into the process.

Business

Trump Trade Won't Break Emerging Markets

The Dow Jones industrial average gained 12 points, or 0.1 percent, to 18,859 as of noon Eastern time. The S&P 500 Index added 0.1% at 2,167.33, after rising 3.8% last week. DOING DEALS: South Korean conglomerate Samsung said it will buy Harman International for $8 billion, or $112 a share. Its stock jumped $22.35, or 25.5 percent, to $110.

Business

Markets Right Now: Tech stocks slump, leading market lower

Benchmark German 10-year yields dropped 4.3 bps to just shy of 0.3 percent. Tom Simons, money market economist at Jefferies and Co., says his take is that Trump's fiscal plan adds up to higher inflation, which will put pressure on bonds .

Business

Bond market jitters start to weigh on post-Trump rally

With all the news pouring in, volatility, as measured by VIX, remained fairly low, falling back below $15 during parts of the day Friday after rising above $20 right before the election. "The bond market is supposed to be a tiresome, boring, stable place", said Colin Lundgren, head of USA fixed income at Columbia Threadneedle Investments.

Business

Senior BJP leaders may not attend Brahmani's marriage

The invitation for the wedding made news some weeks ago as it was in the form of a box with an LCD screen on the inside that auto-played a music video featuring Reddy and his family once the box was opened. Asked about the politician's extravagance, Arundhati Bhattacharya, the head of the State Bank of India or SBI, advised in an interview to NDTV: "Pay for weddings by cheques, and if you can't, come to us, we will hand-hold you through the process".


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