Business
US Senate set to vote on judge
The Senate Thursday triggered the so-called "nuclear option" that allowed Republicans to break a Democratic filibuster of Supreme Court nominee Neil Gorsuch. Republicans kept the vacant seat open all previous year by refusing to consider then-President Barack Obama's nominee, Judge Merrick Garland . McConnell is an institutionalist who has made clear he does not favor invoking the nuclear option and is doing so grudgingly; he has repeatedly said Gorsuch will be confirmed.
Business
Aetna will not sell 2018 Obamacare exchange plans in Iowa
Another insurance company is going to stop selling individual health insurance policies in the state. The company now has 14,000 Iowa members. However, the numbers are dwindling. Iowa Insurance Commissioner Doug Ommen said he's anxious no carriers will want to offer individual policies in Iowa for next year. "We're deeply troubled by the angst and concern the Affordable Care Act is causing in Iowa.
Business
Hot Food Chain to watch: Yum China Holdings Inc(NYSE: YUMC)
Yum China, once the primary profit and sales driver for Yum Brands Inc, started trading as a standalone company on November 1. Yum China's net income rose 20.7 percent to $175 million, or 44 cents per share, in the quarter ended February 28, helped by increased restaurant margins due to the retail tax structure reform implemented on May 1 in China.
Business
Yum China Soars After Pizza Hut Turnaround Fuels Earnings
On the flip side, the stock is 3.29% away from the 52 week high. The company has a market cap of $22.59 billion, a P/E ratio of 15.79 and a beta of 0.76. A rating of 4 or 5 would indicate a Sell. Finally, Stellar Capital Management LLC bought a new position in shares of Yum China Holdings during the fourth quarter worth approximately $215,000.
Business
Derailment still causing headaches for commuters
Crews are working around the clock to fix the damage from the derailment, officials say. These changes are expected to continue through "the close of the service day on Thursday", the agency said on its website. But commuters wouldn't have to put up with cramped conditions and delayed trains at Penn Station, if the so-called Gateway tunnel project would be built, according to John Porcari, interim director of the Gateway Development Corporation, which is overseeing the project.
Business
Chinese president Xi Jinping arrives in US for talks with Donald Trump
Chinese exports to the U.S. totalled some $388.1bn a year ago. Despite the limited time to prepare for such an important meeting, the pressure will be on, from the Chinese side and the USA media, to make the visit go flawlessly. Ahead of the summit, Mr Trump signed a pair of executive orders focused on reducing the United States trade deficit. There's also another big issue that the leaders may discuss: the South China Sea.
Business
Woman sues Uber, says she was stabbed by another passenger
When Camacho entered the auto, Ramer allegedly turned around and assaulted Camacho, the report says. The lawsuit filed in Cook County Circuit Court on Tuesday contends Camacho suffered several facial wounds - which doctors believe may leave permanent scars.
Business
Trump drops Steve Bannon from National Security Council
Trump administration officials said they wanted to shrink the size the council from its size under Rice, who was former President Obama's national security adviser, and pare down its role. The official said the change moves the NSC "back to its core function of what it's supposed to do". NORTH KOREA Trump's top security adviser agrees in a telephone call to proceed with the deployment of an advanced USA missile defence system, known as THAAD, as planned, South Korea's presidential office says.
Business
Oil rises, near one-month high; USA crude stocks seen down
Worldwide benchmark Brent futures slipped 15 cents, or 0.3 percent, to $53.38 a barrel by 0440 GMT. Prices for front-month Brent crude futures, the worldwide benchmark for oil, were at $54.28 per barrel at 0149 GMT, up 11 cents from their last close.
Business
SpaceX successfully reuses Falcon 9 first stage
Its launch, scheduled for Thursday will be the first time SpaceX launches one of its reused boosters. Legacy rocket companies such as United Launch Alliance have also considered reusability , but concluded that the complicated economics of adding extra fuel for the return and refurbishing made the idea infeasible for just a handful of flights per year.
Business
Just the Facts on The WhiteWave Foods Company (WWAV)
Shares of Oracle Corporation (NYSE:ORCL) has price volatility of 0.92% in last 5 days trading session, while shares of firm closed at $44.59 are moving down -0.04% in last session. Zacks Investment Research also rated the stock with a value of 2.89. Dimensional Fund Advisors LP reduced its stake in shares of WhiteWave Foods Co (NYSE:WWAV) by 3.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
Business
Man Goes Bananas Over Rejected Credit Card
Then the customer suddenly a goes berserk on the cashier when he apparently is told his debit card is declined. In his anger, the suspect struck the cashier in the head, pushed a cash register and printer to the floor, threw bananas at the other cashier and pushed the other register off of the counter.
Business
What are Research Firms Saying About Panera Bread Company (NASDAQ:PNRA)?
Each night, any unsold bread and baked goods were shared with neighbors in need. The 12-month price target is $231.53 with six analysts rating the company a strong buy, eight analysts rating the company a buy, thirteen analysts rating the company a hold, zero analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
Business
Amazon to Add 30000 Part-Time US Jobs
Amazon.com's creation of 5,000 part-time, work-from-home jobs in customer service over the next year is part of a wider campaign to hire more than 30,000 part-timers. Most of the new full-time jobs will be in warehouses and answering phones. "Our work-from-home program, just like our customer-service program generally, continues to grow because the Amazon business continues to grow so fast", he said in an interview.
Business
Home of St. Petersburg Terrorist Searched
The issue is set to dominate a meeting in Moscow between Putin and security bosses from around the former Soviet region that was scheduled before the attack. A leading St. Petersburg news portal, Fontanka.ru, said materials used in the explosive device found Thursday matched those used by militants in Syria.
Business
You can get paid just for staying in bed for two months
This is being done to study the effects of prolonged bed rest. For scientists at the Institute for Space Medicine and Physiology (Medes) near Toulouse, the job has a serious point. Going to work is hard, and one of the hardest things about it is undoubtedly getting out of bed each morning. The 24 successful applicants, after two weeks of testing, will have to do everything from bed during those 60 days - with a rule being that one shoulder should always be in contact with the bed or its ...
Business
(NYSE:STZ) from Beverages - Wineries & Distillers - Todays Top Gains
Moreover, the top line exceeded the Zacks Consensus Estimate of $1,587 million. The Victor, N.Y. -based company posted full-year fiscal 2017 profit of $1.54 billion, or $7.52 EPS on revenues of $7.33 billion. HSBC upgraded Constellation Brands, Inc . Constellation Brands ended the quarter with cash and cash equivalents of $177.4 million. Looking to fiscal 2017, Constellation expects net sales for wine and spirits to decrease in the range of 4-6%, and for operating income to be "flat".
Business
Staples, Inc. (SPLS) Given Hold Rating at Loop Capital
A number of other brokerages have also recently issued reports on SPLS. Staples , Inc. (NASDAQ:SPLS) shares were trading -11.72% below from the 52-week high mark of $10.77 and 34.83% above from the 52-week bottom of $7.05. The stock now has its Annual Dividend of $0.48 and an annual Dividend Yield of 4.92 Percent. The ex-dividend date is Wednesday, March 22nd. Staples's dividend payout ratio (DPR) is presently -66.67%.
Business
SpaceX's Falcon 9 rocket launches and gets recovered for the second time
Thursday's Falcon 9 launch was used the put a communications satellite in order, for Luxembourg-based satellite-operator SES SA. SpaceX has successfully launched a satellite with its first recycled rocket. Upgrades are planned to shorten that turnaround time to be measured in days and so that each rocket can be reused up to a dozen times. Company Chief Executive Elon Musk said in April, when this booster landed , that the Falcon 9 first-stage booster could potentially be reused for 10 ...
Business
New Bern Payless ShoeSource store closing
In addition to the location in New Bern, Payless will also close a store in Fayetteville and Mount Airy. SNJ Today is a Southern New Jersey news and information source that is dedicated to providing current stories related specifically to South Jersey .
Business
Wall St rally fizzles after Fed minutes
In fact, the uncertainty over Trump passing his reforms is so high that many members haven't even factored a Trump stimulus into their forecasts for the economy. It added that any decisions should be conveyed to markets before being implemented. Prior to the minutes Wall Street banks expected no changes to the balance sheet policy until mid-2018, the latest poll by the New York Fed showed.
Business
Microsoft bans emulators from Windows and Xbox Store ahead of Creators Update
Most significantly for enterprise users, Microsoft is has tweaked the Windows 10 native Edge browser, adding the ability to better manage tabs via a drop down bar equipped with thumbnails to make navigating multiple browser tabs an easier process.
Business
US trade deficit drops sharply to $43.6 billion in February
China again led the way, with an official manufacturing index expanding at the fastest pace in almost five years, while factory surveys on Monday showed encouraging growth as well in Japan, India and much of emerging Asia, Reuters reported.
Business
Thousands Of Mourners Gather For Martin McGuinness' Funeral
St Columba's Church Long Tower is a Roman Catholic Church in the Diocese of Derry. McGuinness is survived by his wife Bernie and their four children. Foster losing her job as First Minister. "Martin McGuinness was not a terrorist". Mr McGuinness died from a rare heart condition on Tuesday aged 66.
Business
Corning Incorporated (GLW) Cut to Neutral at Citigroup Inc
The stock subtracted in the prior trading session by -0.19%, closing at the stock price of $26.79. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock.
Business
Russian police check suspicious object in St. Petersburg
Petersburg metro train on Monday afternoon. They say he also planted another bomb disguised as a fire extinguisher in Vosstaniya Square station that was defused before it could explode. "Russia's Investigative Committee will thoroughly check all the ties and the contacts of the persons detained but it should be noted at once that the investigation has no data on the detainees' link and acquaintance with the perpetrator of the terror attack in the St.
Business
Lifetime Isa launches today: everything you need to know
Others say there are plenty of savings products out there already which do a better job, including the Help to Buy ISA. Simple tax-free savings account. Within the Lifetime ISA your investments can grow free of United Kingdom income tax and capital gains tax. Any funds transferred after that will contribute to the savings cap.
Business
Laredo Petroleum Inc (LPI) Trading Down 5.4% Following Insider Selling
The market experts are predicting a 57.82% rally, based on the high target price ($22) for Laredo Petroleum, Inc . shares that is likely to be hit in the 52 weeks. It tells us what percentage of revenue a company keeps after all its bills are paid. Shares of Laredo Petroleum Inc (LPI ) are moving on volatility today -0.61% or $-0.09 from the open.
Business
President Donald Trump storms out of crucial meeting
The order will require foreign companies exporting to the U.S.to have financial resources that can be drawn upon to pay penalties for trade abuses. "Together, these two executive orders are a significant step in accomplishing the President's promise to end unfair trade practices once and for all", White House press secretary Sean Spicer said.
Business
Fed official: Bond holdings would be reduced gradually
The U.S. central bank has already begun the process of raising interest rates back to more normal levels, after holding them near zero for years to buoy the economy during the financial crisis. Financial markets have been watching for any Fed signal on the timing of reductions in the bond holdings. "Several participants now anticipated that meaningful fiscal stimulus would likely not begin until 2018", the minutes said, "and about half of the participants did not incorporate explicit ...
Business
GOP to Pay Steep Price if Fail to Deliver on Health Care
The White House and some Republicans have indicated that they may be willing to work with Democrats in light of the majority party's inability to work together. "I understand what they want but it's not just a one-way street". "The way I would describe the meeting we just had with our members is we are going to work together and listen together until we get this right ".
Business
Friday executive orders tackle anti-dumping laws
Asian countries like Vietnam already look more attractive for low-end manufacturing industries like clothing and footwear, given increases in Chinese labor costs in recent years. In a tweet, he said: "The meeting with China will be a very hard one in that we can no longer have massive trade deficits and job losses". He declined to say whether Trump's pledge to declare China a currency manipulator would come up during the meetings, saying that was the purview of Treasury Secretary Steve Mnuchin.
Business
Valeant Pharmaceuticals International, Inc. (VRX)
Finally, Jefferies Group LLC reduced their price target on Valeant Pharmaceuticals Intl from $22.00 to $18.00 and set a "buy" rating for the company in a report on Wednesday, March 1st. Piper Jaffray Companies set a $16.00 price target on shares of Valeant Pharmaceuticals Intl and gave the company a "sell" rating in a research report on Wednesday, December 14th.
Business
New H1B Visa Immigration Policy May Increase Inspection Over Computer Programmers
The US administration has taken several steps - such as unveiling plans to enhance transparency on applicants and issuing a warning to employers - to keep a check on H-1B visa abuse. Monday opens the application process for this year's H-1B visas, he said. The agency said it would take "a more targeted approach" in visits to employers with H-1B visas and would investigate companies that "abuse the H-1B visa program" to depress wages of U.S.
Business
United Kingdom court clears ex-Barclays bankers of Libor rate rigging
In a statement released by his lawyers Hickman & Rose Solicitors, Reich said: " For the last eight years I have consistently explained that I acted appropriately, honestly, and in accordance with the rules at the time ". The acquittals conclude the U.K. Serious Fraud Office's final outstanding trial over Libor-the London interbank offered rate-although the agency said its investigation is continuing.