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WINTER STORM | Let the Vindicator know about weather problems

The chance of precipitation is 90 percent, with new snow accumulation of around 3 inches. Total accumulation will be about half an inch for the day. Areas of blowing snow after 2 p.m. Chance of precipitation is 20%. Tonight will be partly cloudy, with a low around 12. Republicans are bracing for a Congressional Budget Office analysis that will most likely show that fewer Americans will have health insurance under the GOP healthcare proposal ...

Business

Saudis Tell OPEC They Eased Cuts by Pumping 10 Million Barrels

Later on Tuesday investors will be watching out for figures from the American Petroleum Institute, an industry group that issues forecasts on U.S. crude production and stock inventories ahead of the official release of numbers from the U.S.

Business

Oil Hugs $48 As OPEC Acknowledges US Glut

The organisation's members have been forced to discount their selling prices to protect their prized relationships with Asian refiners. Demand on the other hand was now seen growing by 1.26m b/d this year, 70,000 b/d more than OPEC projected in its previous MMOR, to reach 96.31m b/d.

Business

The Vornado Realty Trust (VNO) Shares Sold by AQR Capital Management LLC

Ltd. boosted its stake in shares of MedEquities Realty Trust by 31.3% in the fourth quarter. On Sep 16 Kite Realty Group Trust (NYSE:KRG) reported its EPS in the last quarter as $0.52/Share beating the analyst estimate of $0.51/Share by the difference of $0.01.

Business

No more U.S. trips for the Girl Guides of Canada

About 700 girls travel in Canada and to worldwide locations each year, spokeswoman Sarah Kiriliuk told The Huffington Post. Members of the Girl Guides of Canada. There are two cases of Canadian citizens of Moroccan heritage being turned away at the border among others. A nationally sponsored trip to a California camp that was scheduled for this summer is being relocated.

Business

Diego Costa admits Eden Hazard will have to think about leaving Chelsea

Thibaut Courtois has insisted he will be a Chelsea player next season, despite reports linking him with a return to La Liga. Barring a late-season slump, the Belgium worldwide will pick up his second Premier League winner's medal in May and may well have an FA Cup medal to add to it after Chelsea took care of Manchester United 1-0 in the quarter-finals on Monday night.

Business

Russian oil major says United States shale growth imperils OPEC deal

Crude oil prices declined 5 percent Wednesday after a federal USA report revealed dramatic gains in crude oil storage and production levels. Futures for West Texas Intermediate (WTI), the United States benchmark, fell below $48 (£39.2) per barrel for the first time since the end of November, when Opec managed an historic agreement to limit production.

Business

Asda cuts cost of fuel to start new price war

The rare piece of good news for motorists comes after a sharp fall in the global price of oil in the last week - down from more than $56 per barrel last week to around $51 a barrel today. Asda's latest income tracker shows that year on year, vehicle fuel has increased by 16.8 per cent, with prices peaking to their highest levels since December 2014.

Business

WPI inflation at 6.55% in February as food, fuel prices go up

Wholesale price inflation had risen 5.25% in January and declined 0.85% in February past year, data released by the commerce and industry ministry showed on Tuesday. According to the data released by the Union Commerce Ministry on March 14, food prices rose sharply by 2.69 per cent in February as compared to a deceleration of 0.56 per cent in January.

Business

U.S. economy added 235000 jobs in Trump's first full month

It's been a stop start, drawn out cycle so far and it's been more than a year since the Fed first raised the fed funds rate in December 2015 from a record low of close to zero set during the 2008 financial crisis. Among post-9/11 veterans, the unemployment rate dropped from 6.3 percent in the first month of the year - the widest margin since last April. What will be just as interesting will be the changing expectations of participants in the probability of an increase in inflation during the ...

Business

Intel Stumps Up $15.3B To Get Into The Driverless Car Market

Intel and Mobileye have already teamed up in a partnership with BMW AG as the luxury-car maker plans to introduce the fully autonomous iNext vehicle by 2021. Today, Mobileye estimates its products to have been installed in approximately 15.7 million vehicles worldwide through December 31, 2016. However, if confirmed, this could be the biggest acquisition of an Israeli tech firm.

Business

US Attorney Preet Bharara Has Refused to Resign

What is unusual is telling or strongly implying that you are going to extend the term of a U.S. attorney into the new administration and then arbitrarily demanding his resignation. The request for resignations from the 46 prosecutors who were holdovers from the Obama administration wasn't shocking. The Moreland Commission was an investigation into corruption in Albany, the state capital of NY, created by Gov.

Business

Heinz 'hires' Sterling Cooper Draper Pryce for ketchup ads

The unimpressed Heinz executives on the show put it a different way: "It feels like half an ad". When a popular television show borrows a brand and even cooks up an advertising campaign for it, you might as well run with it. Don telling Heinz that the consumer has to meet them halfway. The David team rewatched the episode and felt the campaign would resonate today, Mr.

Business

China posts strong industrial output figures as economy gathers steam

Beijing has lowered it annual economic growth target to about 6.5 per cent in 2017 from the 6.7 per cent growth recorded previous year, but hoped for "higher [growth] if possible in practice". Auto sales dipped in the first two months of the year, according to government data. Property investment climbed 8.9 per cent in the same period, accelerating by 2 percentage points from a year ago, while floor space sold jumped 25.1 per cent year-on-year from January to February.

Business

US, South Korea, Japan Launch Joint Military Drills Amid DPRK's Missile Tests

Under such circumstances there would be massive outcry, not just from the USA government, but the population at large. Previously, the United Nations imposed sanctions on North Korea for three nuclear tests it carried out in 2006, 2009 and 2013.

Business

Toshiba shares plunge 8% on second earnings delay

The company plans to review the positioning of its US nuclear power unit Westinghouse and "aggressively consider strategic options for it", the company said in a regulatory filing. Toshiba is reeling from the multibillion-dollar writedown of its nuclear power business, with the company considering the sale of a majority stake in its prized memory chip business to help restore its finances.

Business

Intel snaps up self-driving tech firm Mobileye in $15B deal

Mobileye , founded in 1999 and based in Jerusalem, specializes in creating chips and software for autonomous vehicles, including data analysis and mapping. Although shares of Mobileye initially shot up roughly 30% Monday (March 13) morning, the market didn't seem particularly enthused by Intel's plans, with its shares later dropping about 2% ($0.65).

Business

A robust February jobs report points to resilient USA economy

While the monthly employment numbers are typically volatile, Statistics Canada said that, in the 12 months to February, Canada saw a net gain of 288,000 jobs with most of the increase coming in the last six months of 2016. VIX, the S&P 500 Volatility Index, (NYSEARCA:VXX) remains in a long, sideways trading range, closing Friday at 11.66 and below the 20, 50 and 200 day exponential moving averages as complacency continues to rule US markets.

Business

Pennsylvania Real Estate Investment Trust (NYSE:PEI)

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Business

Assembly elections: 'Fed up' Irom Sharmila calls it quits

Her popularity in the state started eroding the day she made a decision to end her fast past year. On her birthday, one can only hope that Manipur remembers what the fearless fighter did for them and quickly forgets her political misadventure.

Business

Assembly elections 2017: N Biren Singh is BJP's Manipur pick

The 76-year-old governor, who has served as deputy chairperson of Rajya Sabha when in Congress and as minister of minority affairs in the BJP's Narendra Modi government, is yet to invite any party for government formation. As per the reports, 27 Congress MLAs are camping at the residence of party MLA N Loken Singh in Imphal . The party decision was announced in the presence of two union ministers - Piyush Goyal, Power Minister, and Prakash Javadekar, Human Resource Development Minister.

Business

All restrictions on cash withdrawal from bank accounts removed from today

The currency travels between these chests and the RBI. The RBA has also indicated that the system - which is being built by Fiserv and Swift - will enable banks to ditch BSBs and account numbers in favour of a single identifying number for receivers of payments.

Business

Intel buys MobilEye for a cool $15.3 billion

Intel has confirmed a deal to acquire self-driving technology company Mobileye as it gears up plans to put a fleet of autonomous vehicles on the road this year. It seems that the USA chipmaker giant, Intel , is planning to step up its game as it was recently reported that the tech giant is acquiring Israeli company, Mobileye .

Business

Mother, daughter fought to stop Girl Scouts cookie money thief

A mother and her daughter were robbed as they sold Girl Scout cookies outside a Wal-Mart store in SC. "You get to meet new friends", said Girl Scout, Angelene Covault. When Spann realized the woman was stealing the money, she tried to take the box back. Spann said she didn't have any major injuries, but her hand was in some pain and she has a compression fracture in one vertebra.

Business

NCAA Tournament 2017: 11 tips for filling out the best bracket

Does the glass slipper fit? Which squad is the dark horse candidate? Favorite: UCLA is a No. 3 seed, but they've got No. 1-style talent and scoring. He has served as the head coach for Duke University since 1980 and the team has had 12 Final Fours under him. If analyzing RPI and strength of schedule isn't for you, there are plenty of other numbers to consider.

Business

Atlanta Fed names Bostic president; first African American regional bank head

Bostic, who served from 2009 to 2012 as assistant secretary at the U.S. Department of Housing and Urban Development in the Obama administration, helped to formulate policies responding to the deepest recession since the 1930s. The job involves overseeing about 1,700 employees in the Atlanta region - Alabama, Florida, Georgia and parts of Louisiana, Mississippi and Tennessee - and participating in monetary policy deliberations in Washington.

Business

Intel is buying Mobileye's self-driving auto firm for $15 billion

Intel SVP Doug Davis is overseeing how the two companies will coordinate together. Mobileye makes up 70 percent of the global market for driver-assistance and anti-collision systems . "Many of you have asked why we think autonomous cars and vehicles are so important to Intel's future". Intel and Mobileye have already collaborated in a project with BMW Group.

Business

Valeant Pharmaceuticals: Bill Ackman's Pershing Square is Officially Out!!!

Stock has got OUTPERFORM rating from no analyst of Thomson Reuters, 13 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. Royal Bank of Canada lowered their price objective on Valeant Pharmaceuticals Intl from $29.00 to $22.00 and set a sector perform rating on the stock in a research note on Tuesday, February 14th.

Business

Behind NYC's "Fearless Girl" statue are 2 corporate giants

But James said that given the "huge gender gap" on corporate boards - she cited data showing almost 60% of publicly traded companies have no women on their boards - the city should keep the little girl for the long haul, as a "symbol of feminism and equality".

Business

Unwilling to wait, Minneapolis liquor store opens doors for Sunday sales

Surdyk disagreed, saying on Sunday that "the governor signed the bill, so as far as I'm concerned, it's free game". "He was advised, both by phone and again in person, that allowing his store to be open for liquor sales on Sunday was in violation of the law", a statement form the city said.

Business

CBO: Millions would lose coverage under GOP healthcare plan

Trump also said the Republican bill, which gets rid of Obamacare's subsidies in 2020, would "take a while" to lower health care prices. House conservatives vowed to block the bill as "Obamacare Lite" unless there are more restrictions, even as a Republican, Sen.

Business

USA jobs report signals Fed will raise interest rates

The Fed is also likely to make an adjustment in its "dot plots" to suggest a fourth rate hike this year and raise both the growth and inflation forecasts in the summary of economic projections (SEP). If anything, market analysts, economists, and Fed officials tout the possibility of stronger economic growth, resulting from the possible impact of USA tax cuts and infrastructure spending, or the run-up in household wealth from rising stock and real estate values.

Business

Fintech firm Misys to merge with Canada's DH Corp

Misys made no reference to its recent IPO plans in its own version of the announcement. D+H, based in Toronto, provides payments, lending and regulatory compliance technology to banks. Nadeem Syed, CEO at Misys , adds: "The complementary nature of our two organisations combined with our robust domain expertise and strong leadership means that we will be able to bring even more value to our clients through our expanded offerings".

Business

President Donald Trump to make first MI visit as President this week

Air Force One is expected to land Wednesday morning at Willow Run and the President will then speak about the auto industry. Reuters sources said Trump was scheduled to visit an autonomous vehicle testing facility in Detroit and meet with chief executive officers of several automakers who want the rules changed.

Business

Gordmans, With Location In Burnsville, Files For Bankruptcy

Bloomberg reported Monday that Gordmans filed for bankruptcy after posting losses in the five of the six past quarters. Gordmans also announced an arrangement for the sale and liquidation of the inventory and other assets of Gordmans' retail stores and distribution centers with Tiger Capital Group, LLC and Great American Group, LLC.


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