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United States admits 10000th Syrian refugee

Audio clip: Listen to audio clip . Democrat Hillary Clinton has proposed increasing the Syrian refugee ceiling even higher, to 65,000. Refugees are screened intensively before being allowed into the country. More than a 10th of the 10,000 Syrians admitted this fiscal year at the urging of the Obama administration are headed there, according to State Department figures .

Business

US Meets Goal of Admitting 10000 Syrian Refugees in a Year

As of March, the United Nations High Commissioner for Refugees had submitted more than 32,000 Syrians to the USA for resettlement consideration. The milestone comes more than a month ahead of schedule, and despite congressional concerns that the administration doesn't have the capacity to vet the influx of refugees.

Business

France wants halt to 'imbalanced' EU-US trade deal talks

German Economy Minister Sigmar Gabriel reiterated his doubts about negotiations over a controversial free trade deal between the European Union and the United States on Tuesday, ignoring contradictory remarks from German Chancellor Angela Merkel made a day earlier.

Business

The Bank Of Nova Scotia Q3 Income Rises 6%

The firm now has a "buy" rating on the stock. The company has a market cap of $84.15 billion and a PE ratio of 12.57. The stock has a 50 day moving average price of $50.97 and a 200 day moving average price of $48.76. The Bank of Nova Scotia (Scotiabank or the Bank) is an worldwide bank and a financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia.

Business

India bonds, rupee fall after Patel chosen to head RBI

A close lieutenant to Rajan, his appointment is widely seen as ensuring continuity in policy and reforms initiated since 2013. Urjit Patel, who has been appointed for a three-year term, is the first governor of the RBI to be chosen by Prime Minister Narendra Modi.

Business

New nonstop flights with cheap prices take off from Austin

The once-a-week, non-stop flight to San Juan, the island's capital city, will start December 17 and end April 22. The flights to Austin will begin February 17, with introductory fares as low as $44, according to a statement. Visit Allegiant to book flights. Allegiant air also provides service to Albuquerque, Cincinnati , Memphis, Las Vegas, and Orlando. Allegiant has been offering service out of Pittsburgh since 2015.

Business

Democratic senators blast steep price hike for EpiPens

They note Mylan hasn't reduced the $608 list price for a pair of EpiPen auto injectors or explained why it hiked the price more than 500 percent from $94 after acquiring the product in 2007. There's now little competition for EpiPen. However, the compounding pharmacy Imprimis Pharmaceuticals said it may have a version available for individual patients in a few months.

Business

Brokerage Perspectives On Physicians Realty Trust (NYSE:DOC)

RBC Capital Markets reiterated an underperform rating and set a $140.00 target price (up previously from $130.00) on shares of Federal Realty Investment Trust in a research note on Wednesday, August 10th. The stock had a trading volume of 310,168 shares. Acadia Realty Trust is a real estate investment trust. Further it is trading $1.60 or +8.26% away its 200-day moving average of $19.32.

Business

Wall St gains as financial stocks rally on Fed rate comments

US crude futures dropped 1.5 percent to $46.94, while Brent crude fell 1.4 percent to $49.21. Her remarks put the spotlight on labor figures due September 2, which are projected to show the economy added 180,000 jobs in August, following a gain of 255,000 in July.

Business

CAC 40 Retreats On Fed's Rate Hike Signals

A report from the U.S. Commerce Department showed consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose for the fourth straight month in July. would vanish overnight, and that would set UK PLC back a fair bit". The British Pound also weakened against the U.S. Dollar with the GBP/USD closing at 1.3074, down 0.0055 or -0.42%.

Business

Rousseff defends actions at impeachment trial

In an emotional speech from the Senate podium, Rousseff denied any wrongdoing and recalled her persecution during Brazil's 1964-1985 military dictatorship. The political trial against Rousseff is in its final stages and the Senate will have to make a definitive decision on Tuesday or Wednesday on whether or not to depose her, according to the legislative chambers schedule.

Business

Stocks open moderately higher on Wall Street

The benchmark KOSPI climbed 13.51 points, or 0.66 percent, to 2,045.86 in the first 15 minutes of trading. In line with market expectations, personal spending rose by 0.3 percent in July, the Department of Commerce announced earlier Monday, marking its fourth consecutive monthly increase.

Business

Best stocks of the day: Marathon Oil Corporation (NYSE:MRO)

Wagner Patrick accumulated 5,000 shares in the company at a per-share price of $15.4 and ended up spending $77,000 in the investment. Creative Planning now owns 183,184 shares of the company's stock worth $2,041,000 after buying an additional 115,502 shares in the last quarter.

Business

University study finds flaws in criticism of St. Jude cyber security

The corporation has a market capitalization of US$59.68 Billion. The stock's price moved down its 200-day moving average of $9.95. During the same quarter in the prior year, the firm earned $1.07 earnings per share. Twenty-two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. 23 number of analysts provided their estimates on Morgan Stanley, where the Average Price Target for the stock is $32.37.

Business

Hillary Clinton says she doesn't know which Donald Trump will debate

Whitman will meet with business leaders in Colorado to discuss Clinton's job-creation plan, as well as investments in tech and small businesses, according to a release from Clinton's campaign. She added that "Trump's acceptance of him could put that man, that despicable man, in the Senate of the United States". Later in the day, the Trump campaign released a new television ad entitled "Two Americas: Economy".

Business

Akre Capital Management Lowers stake in Dollar Tree (DLTR)

The company stock was downgraded to Neutral from Buy, wrote analysts at MKM Partners, in a research note issued to clients on Friday August 26, 2016. The company's price sits -9.82% below from its 50-day moving average of $95.26 and 2.97% far from the stock's 200-day moving average which is $86.30.

Business

EpiPen Outrage: Mylan Steps Up and Takes the Heat

Before EpiPen, there was Daraprim, the drug where the price was hiked 5,000 percent by Turing Pharmaceuticals' former chief executive, Martin Shkreli, who was dubbed "pharma bro" and widely vilified. The cards are not allowed in federal health care programs because they are considered a kickback : Companies use the discounts to incentivize patients to buy a product while leaving the federal government on the hook for the remaining cost of the drug.

Business

Speech Next Week Could Clarify Trump's Immigration Policy

Clinton will continue her fundraising Monday in NY, while Trump is set to campaign on the West Coast this week. Trump app puts "America First", but not user privacy: Experts say Trump's new campaign app requests an "egregious" level of access, reports Fortune .

Business

Global stocks rise as investors weigh future of United States rates

Herbalife HLF.N rose 2 percent after Carl Icahn bought 2.3 million shares in the nutritional supplements maker after denying reports of attempts to sell his stake. France's CAC 40 added 0.7 percent to 4,455 and Germany's DAX rose 0.9 percent to 10,640. Hong Kong's Hang Seng slipped 0.5 percent to 22,788.02, while the Shanghai Composite lost almost 0.3 percent to 3,062.52.

Business

Dollar starts the week with Fed-inspired gains

In a much-scrutinized speech, Fed chief Janet Yellen on Friday hinted at a USA interest rate rise by the end of the year. U.S. Treasury yields rose to their highest since June and rate futures indicated the market priced in more than a 30 percent chance of a hike in September, up from 18 percent before Fed Chair Janet Yellen and her deputy Stanley Fischer spoke on Friday, according to CME Group's FedWatch tool.

Business

Donald Trump on Colin Kaepernick controversy: Find another country

He was also sharply critical of both Trump and Clinton, saying that both are inadequate of the presidency. "Let him try, it won't happen ". The quarterback says he plans to sit through the anthem until he sees significant progress in race relations in the United States.

Business

Florida to pick a Democrat to face Rubio in November

That prompted the major Republican Senate candidates to quit, leaving Carlos Beruff, 58, a millionaire homebuilder and newcomer to politics, as Rubio's main primary challenger. "Here's something he learned from earlier primary challenges, and that is to take them very, very seriously". "Unlike Patrick Murphy, I don't make up my qualifications".

Business

PM says United Kingdom will withdraw from European Union without MP`s vote

Lawyers from the Mishcon de Reya law firm are poised to challenge the government in the English High Court, arguing that May can not trigger Article 50 of the E.U.'s Lisbon Treaty-the legal process for leaving the bloc-without a parliamentary debate and vote authorizing her to do so.

Business

Targeted Movers: Chesapeake Energy Corporation's (CHK)

These analysts also forecasted Growth Estimates for the Current Quarter for CHK to be 60%. Wunderlich reaffirmed a hold rating and set a $6.00 target price on shares of Chesapeake Energy Corp.in a research note on Thursday, May 26th. "0" brokerage firms have issued "Sell" rating for the company and "Strong Sell" rating was issued by "2" brokerage firms. Shares of Chesapeake Energy Corp.

Business

Two missing in plane crash in Lake Pontchartrain near New Orleans

A diver in the water signals to a New Orleans Fire Department boat while searching for the wreckage Sunday, Aug. 28, 2016, near the Seabrook Bridge after a plane crashed into Lake Pontchartrain Saturday night near Lakefront Airport in New Orleans .

Business

Chipotle Offers Free Drinks for Students in Back to School Deal

They now have a United States dollars 445 price target on the stock. Overweight rating was given by 1 analysts and Underweight rating was given by 2 analysts. CMG also now holds a market cap of 12.32 billion. Also last August 9, CMG shares also dropped after a jury sided with a woman who filed a discrimination lawsuit and damages against Chipotle.

Business

Japan PM pledges to invest $30 bn in Africa by 2018

About US$10 billion of Japan's planned investment is earmarked for electricity-generation projects and upgrading urban transport systems and ports, Abe said. "Development is not something that will happen to Africa, it is Africans themselves who will win the freedom and prosperity they deserve". Mr Abe pledged that Japan's "high-quality technology and human resource development" would support industrialisation, including in agriculture.

Business

White Pine Capital Lowers stake in Exxon Mobil Corporation (XOM)

The company finished it is trading at $21.83. Exxon Mobil Corporation is an energy company. BlackRock Fund Advisors raised its stake in shares of Exxon Mobil Corp.by 1.4% in the first quarter. XOM has a dividend yield of 3.44%. The ex-dividend date is Wednesday, August 10th. Several other equities research analysts have also commented on XOM .

Business

European Union says Apple must pay up to $14.5 billion in back taxes

Ireland also said the disputed tax system used in the Apple case no longer applied and that the decision had no effect on Ireland's 12.5 percent corporate tax rate or on any other company with operations in the country. US lawmakers and regulators have lamented the practice but have had little success in pressing the corporations to bring the money home. Vale says: "While the tax to be collected is hugely significant, this is unlikely to be made available for public expenditure purposes ...

Business

United States assets gain, European shares dip on Fed rate hike bets

The dollar gained 0.09 percent against the Japanese currency at 101.93 yen, after earlier rising to 102.39, its highest since August 9. NEW YORK-Oil prices fell Monday as worries over the USA raising interest rates as early as next month rippled through an already jittery market.

Business

European Union to hand Apple Irish tax bill of $1.1 bn

The Revenue Commissioner chairman, Niall Cody, says the overarching problem is "mismatches between different countries' tax rules". Vestager said a three-year investigation found Ireland granted such lavish tax breaks to Apple over many years.

Business

EU to hand Apple multi-billion dollar Irish tax bill

These structures help companies reduce the tax paid on profits, often by shifting profits to subsidiaries based in low-tax jurisdictions such as Ireland. Online retailer Amazon.com Inc and hamburger group McDonald's Corp face similar probes over taxes in Luxembourg, while coffee chain Starbucks Corp has been ordered to pay up to 30 million euros ($33 million) to the Dutch state.

Business

Minimum wages a 'cruel joke', September 2 strike is on: CITU

A joint meeting between the two was held on August 26-27, 2015, ahead of the general strike that year. "Finance Minister Arun Jaitley today told the nation that the government had accepted major demands of the trade unions". Central government brought cheers to it's employees. We have had discussions with trade unions. Erring contractors will face appropriate action for any violation in this regard, an official press release on the decisions said.

Business

Afghanistan university attack leaves more than a dozen dead

A wounded Afghan police man (L) looks on as he receives treatment, following the militants' raid that targeted the elite American University of Afghanistan , at the Italian aid organization hospital in Kabul on August 25, 2016. AP Photojournalist Massoud Hossaini said he was in a classroom with 15 students when he heard an explosion. Two professors at the university - one American and one Australian - were abducted at gunpoint outside the campus earlier this month , underscoring the ...

Business

Drawing more uninsured into Obamacare is critical to its survival

The administration earlier this year for the first time announced that it would start making enrollees provide documentation to prove that they actually qualified for the extra sign-up periods, for example proving that they just moved residences.


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