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Business

Keller @ Large: Proposed Meals On Wheels Cut Is Disgusting

But it speaks volumes about the thought process of the new administration, or rather, the lack of one. The national Meals on Wheels organization says that it saves the country $34 billion per year by preventing seniors from falling and injuring themselves in their homes.

Business

Secret Service agent's laptop with Trump Tower evacuation protocol stolen in Brooklyn

Trump III was sleeping in the auto when the agents allegedly began to snap photos with him while he was still asleep. NYPD sources, who are aiding in the search, told the New York Daily News that the missing laptop has "sensitive" information on it which could compromise national security - including Trump Tower floor plans and documents on Hillary Clinton's email scandal.

Business

Facebook's Town Hall Wants You To Message Politicians On Facebook

The feature is pretty straightforward: enter your address and Facebook will return with a list of government officials sorted by jurisdiction, from your local city council representatives and state assemblymembers all the way up to VP Mike Pence and President Trump.

Business

Virtu Financial, Inc. (VIRT): Analyst Rating Changes and PT Levels

This short term price target has been shared by 3 analysts. Analysts are also projecting an Average Revenue Estimate for Virtu Financial, Inc.as $101.83 Million in the Current Quarter. The foregoing information and certain oral statements made from time to time by representatives of the Company contain certain forward-looking statements that reflect the company's current views with respect to certain current and future events and financial performance.

Business

Fed's 'dovish hike' sends shares to record highs; dollar dips

The greenback took a knock after the Fed ended its two-day policy meeting on Wednesday by increasing interest rates as expected but stuck to projections of three total rate hikes in 2017. Rising rates tend to put downward pressure on gold, which bears no yield. The dollar index tumbled to the lowest level since February 20, while the yield on the 10-year US Treasury note fell, erasing gains made over the past week.

Business

Matthew Perry once beat up Canadian Prime Minister Justin Trudeau

It is also entertaining as hell. "I have a story about him that I'm not proud of", Perry said, before revealing that he and his friend , who were in fifth grade, beat up the younger leader-to-be. Both Perry and Trudeau attended Rockcliffe Park elementary, a public school in one of Ottawa's wealthiest neighbourhoods. "It's awful. I was a stupid kid I didn't want to beat him up".

Business

Tax-free deficit budget presented in Tamil Nadu

Mr Jayakumar said in view of this, a bill to amend the Tamil Nadu Fiscal Responsibility Act, 2003 will be introduced in the House in this session. A man claiming to be the son of deceased Tamil Nadu chief minister Jayalalithaa has shown up in the picture of Tamil Nadu state politics, further alleging that his "mother" was killed by her aide V Sasikala.

Business

Japan court rules state liable for negligence over Fukushima

In the world's worst nuclear calamity since Chernobyl in 1986, three reactors at TEPCO's Fukushima plant suffered meltdowns after a magnitude 9 quake in March 2011 triggered a tsunami that devastated a swathe of Japan's northeastern coastline and killed more than 15,000 people.

Business

Little movement in U.S. stocks as markets await expected rate hike

The S&P 500 ( GSPC ) saw a similarly rapid climb around the time of the 2 p.m. announcement , rising more than 9 points, or almost 0.4 percent, with a close of 2,385 - more than 14 points ahead of its market open. In a move that surprised very few, the Federal Open Market Committee (FOMC) voted on Wednesday to raise interest rates by a quarter point to 1.00%.

Business

Adobe Shares Surge on Q1 Beat: What Wall Street's Saying

The company said revenue for the quarter rose 21.7% to $1.68 billion. Marketing and creative cloud software provider Adobe Systems Inc. reported increased profits in its first quarter thanks to rising recurring revenues from its Creative Cloud suite.

Business

Fed ahead; Dutch vote in focus

Across the Tasman sea, the New Zealand dollar stood tall at $0.7022, having gained 1.8 percent after the Fed decision. The 10-year Treasury yield is also little moved on the day at 2.60 per cent, while in contrast the equivalent maturity German Bund is steady at just 0.45 per cent as the European Central Bank remains in monetary easing mode.

Business

Rupee pares early gains, still higher by 28 paise at 65.41

In fact, according to Bloomberg, the rupee is the best performing Asian currency over the last one month, while its Chinese counterpart is the top loser. Another reason for Rupee's stark appreciation is the dovish stance detected in US Fed Chair's speech held on 15th March 2017. The Rupee, which was already in an uptrend from Modi's election win over the weekend, kicked higher on the news, with the GBP/INR pair falling from 80.85 to lows of 80.12 during trading on Tuesday 14.

Business

Sheridan's JC Penney Store to Close

J. C. Penney Company, Inc. has announced it is implementing a plan to optimize its national retail operations as part of the Company's successful return to profitability. "We believe the relevance of our brick and mortar portfolio will be driven by the implementation of these initiatives consistently to a larger percent of our stores", said Marvin Ellison, chairman and CEO of J.C.

Business

Hillary Clinton Running For Mayor Of NYC??

Clinton did not respond to the report . A Quinnipiac University poll from January showed that Clinton would beat current NYC Mayor Bill de Blasio - who's wildly unpopular - if she ran as an independent. Despite losing the presidential election to Donald Trump, Clinton won more than 80 per cent of the votes in New York City. The poll was conducted over the phone and online on March 2 and 5, and surveyed 1,000 likely voters around the US.

Business

Xcel Energy Announces Big Wind Plans For Upper Midwest

Under development since 2011, the Clean Energy 1 project located north of Glen Ullin, North Dakota, has been permitted by the North Dakota Public Service Commission and has landowner agreements in place. Crown Ridge, developed by a subsidiary of NextEra Energy, will generate $75 million in property taxes. The nation's No. 1 utility wind provider is continuing its low-priced renewable energy leadership, growing the company's regional wind portfolio by 60 percent while providing enough energy ...

Business

Paytm Canada: a route to a money transfer business?

One of the main services the company offers, however, is an online recharge for prepaid mobile cards. The company's Android and iOS apps are available for download through App Store and Google Play Store, respectively. Speaking on the launch, Harinder Takhar, CEO - Paytm Labs said, "Consumers in Canada will be able to access the seamless Paytm experience that is already well-known in India for its convenience".

Business

George Osborne takes third job as new editor of London Evening Standard

Osborne, who was sacked by British premier Theresa May in July previous year, is the current member of parliament for Tatton in Cheshire, north-west England. Patti Goddard, president of the Tatton Conservative Association, said it fully supported the former chancellor on his "exciting" career move, insisting it would not affect his reputation as a "hard-working" constituency MP.

Business

U.S. mortgage activity rises to highest since November

The association's seasonally adjusted gauge of applications to refinance an existing home loan increased 4.1 percent to 1,413.3, the highest since the week ended on December 16. Historically, the central bank's moves have little effect on mortgage rates. That lit a fire under homeowners who clearly saw this as a last chance to refinance at the lowest rates.

Business

Google responds to YouTube ad boycott: 'We can do a better job'

Advertisers are unhappy that their ads have been placed next to extremist content and hate speech, and Google says it will improve the controls advertisers have over ad placement. "With millions of sites in our network and 400 hours of video uploaded to YouTube every minute, we recognize that we don't always get it right", said Ronan Harris, managing director for Google U.K., in a blog post .

Business

BoJ Keeps Monetary Policy Unchanged

The Bank of Japan gave no indication it was leaning toward cutting back on the massive purchases of government bonds it is using to support the world's No. Eleven of 41 economists surveyed by Bloomberg said they expected the BOJ to raise its target rate this year, while 25 predicted the BOJ would cut the pace of its debt buying or stop stating its target for annual purchases.

Business

Technical Signals and Charts for Ford Motor Company (F)

Finally, First National Bank Sioux Falls purchased a new position in shares of Ford Motor Company during the third quarter worth $121,000. Franklin Resources Inc. General Motors Company is engaged in the designing, manufacturing and retailing of vehicles globally including passenger cars, crossover vehicles, and light trucks, sport utility vehicles, vans and other vehicles.

Business

SA Govt turns to batteries to power state

Announcing the battery project, South Australian Premier Jay Weatherill said the plan is to "take charge of South Australia's energy future starts now, and we mean it". New Australian Council of Trade Unions secretary Sally McManus has told the ABC's 7.30 that she does not see a problem with workers breaking "unjust laws".

Business

Westpac Bank Joins NAB In Raising Home Loan Rates

Owner-occupiers in this group will see a 0.08-percentage-point increase to 5.49 per cent, while property investors with interest-only loans will see a 28-basis-point rise to 5.96 per cent. NAB is now offering first home buyers a 3.69 per cent per annum fixed rate for two years, for owner-occupier, principal and interest loans. Commonwealth Bank said it would not comment on future interest rate movements.

Business

Top Stock Movers - PharmAthene, Inc. (NYSEMKT:PIP), Wells Fargo & Co (NYSE:WFC)

Sharkey Howes & Javer now owns 5,959 shares of the financial services provider's stock valued at $264,000 after buying an additional 44 shares during the last quarter. This represents a $1.52 annualized dividend and a dividend yield of 2.59%. Wells Fargo & Co's dividend payout ratio is 38.10%. If you are reading this piece on another website, it was illegally stolen and republished in violation of United States and worldwide copyright laws.

Business

Step into the robot-staffed hotel

H.I.S. Hotel launched its first robot hotel in Japan's Nagasaki in 2015. The company behind the hotel has global aims for the business model and is planning to open a third robot hotel this year. In Chiba, the six-storey building features 100 rooms and uses about 140 robots. Seven human employees are also on site at all times to provide assistance, particularly in emergencies.

Business

Conservative robo-calls on health care target Central Florida GOP reps

Despite their professed piety - House Speaker Paul Ryan wears his Catholicism like a neon badge - they seem ignorant of the precepts of the New Testament. Trumpcare also fades out federal funding for the Medicaid program so that by 2020 all federal funding for Medicaid will end. The White House has disputed these numbers.

Business

MPs urge European parliaments to assess violence against Russian banks in Ukraine

Lower house of the Russian parliament (State Duma) adopted an address to parliaments of European countries, to the European Parliament, PACE and General Secretary of the European Council in a call to use their authorities to stop the aggression against Russian banks in Ukraine and to give adequate assessment of the Kiev authorities' actions.

Business

Bob Diamond in deal to buy stockbroker Panmure Gordon

The move, which is expected to be announced in the coming days, will catapult the former Barclays chief back into the financial services establishment almost five years after he was ousted as the bank's chief executive by Mervyn King, the then Governor of the Bank of England.

Business

Head Priest among 2 Indian Clerics at Nizamuddin Dargah missing in Pakistan

Earlier on Friday, External Affairs Minister Sushma Swaraj said that she has taken up the matter with Islamabad. The two Sufi saints have been missing from Wednesday evening after attending the shrine. Exchanges between clerics of Nizamuddin Dargah in Delhi, and the Data Darbar are part of a regular tradition. Syed Wazir said he was able to talk to Syed Asif when the Shaheen Air flight landed at Karachi airport at 6 pm.

Business

US Justice Department to announce indictments in massive Yahoo hack

The indictment announced Wednesday, handed down by a federal grand jury in San Francisco, names Dmitry Dokuchaev and Igor Sushchin, described as Russian operatives of the Kremlin's intelligence agency; Alexsey Belan, a Russian national on the FBI's list of most wanted hackers; and Karim Baratov, described as a Canadian hacker.

Business

Your Chicken a la Laboratory Is Served

Bay Area startup Memphis Meats says it has developed the world's first chicken strip grown from self-reproducing cells. A burger engineered by Impossible Foods looks and tastes like the real thing, according to testers interviewed by the Journal , even down to the redness of the patty.

Business

Cyber-Attack on ABTA Website Puts Thousands at Risk

While the actuality of the hack appears to be relatively benign, there is the usual caveat to members of the public and ABTA members alike about the potential dangers of using the same password for different accounts. The regular news stories hitting the headlines of data breaches is example of this. The incident has been reported to the police and the Information Commissioner, ABTA says.

Business

EARTH TALK: What Good Has EPA Ever Done for the Environment Anyway?

John O'Grady, a career employee and union boss for EPA workers, told the Washington Post on Thursday that the agency "is already on a starvation diet, with a bare-bones budget and staffing level". The EPA's budget could be cut back significantly and return to what it was meant to do, which is support the states in protecting air and water". EPA Superfund funding allowed the cleanup efforts of Rocky Flats and the Rocky Mountain Arsenal.

Business

European Shares Seen Up After Dutch Vote Result

The dollar's plunge helped fuel gains in assets denominated in the US currency, including oil and gold. USA crude settled up 2.4 percent at $48.86 a barrel, after touching a three-month low a day earlier. US crude prices settled 11 cents lower at $48.75 a barrel, pressured by near record-high levels of USA crude inventories. USA long- and medium-dated yields also fell, with 30-year and benchmark 10-year yields hitting eight-day lows of 3.094 percent and 2.497 percent, respectively.

Business

Valeant Pharmaceuticals Intl Inc (VRX) Stock Price Down 0.1% on Insider Selling

A rating of 4 or 5 would represent a Sell recommendation. Four equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the company's stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink . The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent.


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