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Tonight's SpaceX rocket launch will be one for the history books

Almost 15 years after setting out to revolutionize how we get to space, Elon Musk's company SpaceX successfully relaunched an orbital rocket Thursday that had previously been used to push a payload beyond the grasp of Earth's gravity. "The rocket can be re-flown, with zero hardware changes, the only thing that changes is you reload the propellant, 10 times", stated Musk. And shortly after the landmark success, Musk took to Twitter to announce his next goal for SpaceX: To launch a rocket ...

Business

PMLA court issues non-bailable warrant against Zakir Naik

Some days back, the ED provisionally attached properties of the IRF and others worth Rs 18.37 crore, in the form of mutual funds, bank balances and real estate under the PMLA, 2002. According to an email sent to the ED, Naik said, "I have done nothing ever that is outside the framework of law or contrary to what the law of land stipulates".

Business

Wells Fargo reports flat first-quarter earnings

The company is estimating to achieve earnings per share (EPS) growth of -79.60% in this year and the earnings per share (EPS) growth expected to be 23.65% in the next year. Among specific equities on the move this afternoon are chip stock Broadcom Ltd (NASDAQ:AVGO), steel giant United States Steel Corporation (NYSE:X), and banking concern Wells Fargo & Co (NYSE: WFC ).

Business

Russia Vetoes UN Resolution Condemning Syria Chemical Weapons Attack

Putin received Tillerson at the Kremlin along with Russia's Foreign Minister Sergei Lavrov after the top diplomats held several hours of talks dominated by the fallout of an alleged chemical attack in Syria. Mr Lavrov said that the USA had provided no evidence that it interfered in the 2016 election despite repeated requests. In the U.S., Trump sought to tamp down speculation he'll intervene militarily against Assad, who is being backed by Russian forces.

Business

ITV PLC reiterated as Buy By Liberum Capital

Gulf Marine has 349,528,000 shares now held by shareholders which now trade around the 68.5 mark which totals Gulf Marine's market capitalisation to 239.43M GBP. If you are reading this piece on another publication, it was illegally copied and republished in violation of U.S. & worldwide trademark and copyright laws.

Business

Move to impeach governor cleared by top court

The House Judiciary Committee was scheduled to being impeachment hearings Monday. The same day, Montgomery Circuit Judge Greg Griffin granted the governor's request for a temporary restraining order to stop impeachment proceedings. The report accuses him of using state resources, including law enforcement, to hide the affair and protect his reputation, "in a process characterized by increasing obsession and paranoia".

Business

South Korea says believes Washington will consult before striking North Korea

The major ships that comprise the strike group accompanying the aircraft carrier U.S.S. Carl Vinson to the waters off South (and North) Korea. Even so, South Korea's joint chiefs of staff downplayed expectations of an imminent nuclear test, with spokesman Roh Jae-cheon telling reporters in Seoul that the military saw no particular signs that North Korea is preparing any provocative actions.

Business

Export growth peaks to 27.59 % in March

Cumulatively, oil imports during the April-March of last fiscal were valued at United States dollars 86.45 billion, about 4.24 per cent higher than the previous year. Trade deficit, however, doubled to $10.43 billion during the month compared to $4.39 billion in the same month last fiscal. In January 2017, the services export of India stood at United States dollars 13.57 billion, while import was worth USD 8.41 billion.

Business

Sensex Drops 182 Points On Weak Macro Data; Nifty Ends At 9150

Amid weak economic data and lower opening of European markets, domestic benchmark indices closed Thursday's trading session with declines. As per data published by Ministry of Statistics & Programme Implementation on Wednesday, Consumer Price Index (CPI) inflation for the month of March 2017 stood at 3.81% against 3.65% in February 2017 and 3.17% in January 2017.

Business

SpaceX launches first recycled rocket in cost-cutting test

SpaceX is aiming for another space industry first on Thursday when it plans to launch a Falcon 9 rocket that has flown before, a key step in billionaire entrepreneur Elon Musk's quest to cut the cost of space flight. It was previously used on a mission in April previous year and refurbished and tested on its return, still sporting its nine original engines. Rockets can cost hundreds of millions of dollar to build, but with the successful launch and landing of the reused Falcon 9, that could ...

Business

PyeongChang Still Hopes for NHL Players to Come to the Olympics

The NHL announced on Monday that it had decided against altering its schedule for the 2017-2018 season, meaning that global players bound by contracts with NHL clubs would not be able to leave next year to join their national teams to play at the 2018 Winter Olympic Games.

Business

Egypt parliament 'approves state of emergency'

He said Sunday's attacks were not altogether unexpected given recent attacks against churches in Egypt, notably last December's blast at Ss Peter and Paul, in Cairo , the capital. IS already controls a part of the Sinai Peninsula where its Wilayah Sinai (IS-Sinai) branch has been targeting Christians and Muslims it considers apostates.

Business

New York Passes Plan For Free Public College

Sotiris Charalampous spent the past two years juggling school and work in an effort to save enough money to pay for his college tuition . The Excelsior Scholarship will cover the remaining cost of tuition, but can't be used to cover additional costs for fees or room and board.

Business

Dollar is 'too strong,' changes stance on China

President Donald Trump's comments that the greenback is getting too strong and he preferred the Federal Reserve to keep interest rates low. "Trump is most certainly not the first politician to make many promises on the campaign trail only to be forced into an about-face on these promises once in office".

Business

JPMorgan Chase & Co. (NYSE:JPM) & Norfolk Southern Corp. (NYSE:NSC)

They presently have a $95.35 price target on the financial services provider's stock. Analysts mean target price for General Electric Company (NYSE:GE) is $33.47 while their mean recommendation is 2.10 (1=Buy, 5=sell). The P/E ratio was recorded at 13.87.The volatility in the previous week has experienced by 1.73% and observed of 1.73% in the previous month.76.40% ownership is held by institutional investors while insiders hold ownership of 0.10%.

Business

Kim Jong Un opens complex of North Korean high-rise buildings

The ban followed strict, new sanctions imposed in November by the United Nations on North Korean coal exports, which China helped to draft and pass. News of the carrier move comes just after a summit meeting between US President Trump and Chinese President Xi Jinping , where North Korea was one of the top items on the agenda.

Business

USA and Russian Federation at 'low point' after no breakthrough in Moscow

WASHINGTON/MOSCOW President Donald Trump's administration accused Russian Federation on Tuesday of trying to shield Syria's government from blame for a deadly gas attack, as Secretary of State Rex Tillerson brought a Western message to Moscow condemning its support for President Bashar al-Assad.Trump, who has faced criticism for lacking a broader strategy to deal with the Syria crisis, insisted he has no plans to "go into" the war-torn country.Senior White House officials, briefing reporters ...

Business

Trump Recalls Cake in Vivid Detail, Forgets What Country He Bombed

The chemical attack in the rebel-held town of Khan Sheikhoun on 4 April killed 87 people, many of them children. What do you do?' And we made the determination to do it, so the missiles are on the way. "I didn't want him to go home, we were nearly finished it was a full day, in Palm Beach, we're nearly finished. I didn't think that was a good sign", Trump says.

Business

Fake accounts case: Wells Fargo claws back another $105m in pay

And Stumpf was too slow to investigate and did not appreciate the seriousness of the reputational damage to the bank, it added. Four Minnesota customers had 11 or more deposit accounts that were opened without authorization or had money transferred in or out without approval.

Business

Another United Flyer Says He Was Ordered Off Plane

He was left bloodied after the Sunday evening incident at Chicago Airport and the footage provoked worldwide outrage, reported CBS News. Munoz said he felt "shame and embarrassment" and vowed it would never happen again. Dao is said to be the only passenger of the four asked to leave the flight who did not comply. Dao told WLKY, a local Kentucky station, on Tuesday that he was still being treated at a Chicago hospital for injuries he suffered.

Business

"Fearless Girl" furor erupts in wake of sculptor's calls for her removal

That statue, known as " Charging Bull ", has become an iconic figure in Lower Manhattan, synonymous with the "American Dream". Everyone, that is, except the artist behind the "Raging Bull " who now claims that his legal rights were violated.

Business

Procter & Gamble Co (PG) Upgraded at Zacks Investment Research

Laurel Grove Capital LLC boosted its stake in Procter & Gamble Co by 1.0% in the third quarter. Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. Lynch Assocs In has 2.86% invested in Procter & Gamble Co (NYSE:PG) for 80,695 shares. This represents a $2.76 annualized dividend and a yield of 3.05%.

Business

Cathay Pacific reshuffles top leadership after annual loss

Hogg, 55, who was appointed COO in 2014, will also become chairman of the airline's short-haul arm, Cathay Dragon. Before becoming Cathay COO in 2014, he was in charge of the airline's sales and marketing from 2010 and Cathay Cargo from 2008.

Business

India, Bangladesh sign 22 agreements in various sectors

An agreement was also signed on peaceful use of nuclear energy. The two sides have agreed to finance a diesel oil pipeline from Assam to Bangladesh. IMAGE: Modi with the Prime Minister of Bangladesh Sheikh Hasina at a function to salute Indian Soldiers who fought in 1971 war.

Business

US Says No Agreement Reached On UN Probe

Lavrov says Russian Federation has lots of questions about the "very ambiguous" and "contradictory" ideas coming from the U.S. He says through a translator that it's important for Russian Federation to understand the "real intentions" of the Trump administration.

Business

New United Video Shows Moments Before Officers Dragged Doctor From Plane

David Dao, 69, the suddenly famous doctor who was dragged off of the United flight, is now pursing legal action against the airline, according to his lawyer. In an exclusive interview on 'Good Morning America , ' United CEO Oscar Muñoz issued a public apology and pledged to make the situation right. When that did not work, they offered $800 per seat.

Business

BHP Billiton plc (BBL) Stock Rating Upgraded by Zacks Investment Research

Macquarie have set a target price of 1590 GBX on its stock. The company's last traded volume of 3.61 million shares was more it's an average volume of 1.97 million shares. This is an increase from BHP Billiton plc's previous semiannual dividend of $0.28. A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BBL.

Business

Applied Optoelectronics Inc. (AAOI) Is Surging On Q1 Forecast

Its last month's stock price volatility remained 1.87% which for the week approaches 1.83. There are at least four companies' stocks that are worth watching on Thursday. Applied Optoelectronics ( NASDAQ:AAOI ) traded down 3.52% during midday trading on Friday, hitting $44.68. Recently, investment analysts covering the stock have updated the mean rating to 2.5.

Business

Russia-US ties at 'low point', but progress made at Moscow talks

Russian Federation vetoed a Western-backed United Nations resolution Wednesday that would have condemned the reported use of chemical weapons in a town in northern Syria and demanded a speedy investigation into the attack that killed almost 90 people.

Business

McCain accuses Russian Federation of cooperating with Syria in chemical attack

Rouhani called on Saturday for an impartial investigation of the suspected chemical weapons attack in Syria which killed at least 70 people, and he warned that the USA strikes in response risked escalating extremism in the region. Mr Johnson was due to visit Russian Federation on Monday for talks with counterpart Sergey Lavrov, which would have been the first visit by a United Kingdom foreign secretary in more than five years.

Business

Peacefully resolve N. Korea tension, Xi tells Trump

The US is looking forward to working with China to solve the North Korean nuclear threat. An editorial in the influential newspaper Global Times, which is published by the Chinese Communist Party' People's Daily, said the situation on the Korean Peninsula could not be compared to that of Syria.

Business

More Wells Fargo clawbacks; blockchain hype tempered

The US bank was accused of "widespread illegal activity" and fined. In total, Ellison submitted 68 questions for the bank to answer after the hearing had concluded. "Sloan said that the bank created a special human resources team to help "innocent" employees come back to work". Sanger has shown little in the way of mercy to management responsible for Wells' unethical sales practices.

Business

Knight Transportation Inc. Posted losses of -6.42% in the Last Trade

The stock's 50 day moving average price is $32.14 and its 200-day moving average price is $32.27. 03/09/2017 - Swift Transportation Company had its " rating reiterated by analysts at Stifel Nicolaus. If you are viewing this story on another domain, it was illegally copied and republished in violation of United States and worldwide copyright & trademark law.

Business

Congressional follow-up reveals extent of Wells Fargo scandal in Minnesota

The bank's board members earn about $300,000 to $480,000 in cash and stock every year. Externally, Wells was lauded by investors for cross-selling customers multiple products and for its squeaky-clean reputation relative to peers following the financial crisis.

Business

In Major Reversal, Trump Says China 'Not Currency Manipulators'

President Donald Trump publicly reneged Wednesday on a pledge he delivered with consistency throughout his presidential campaign - his promise to label China a currency manipulator . China has been accused of suppressing the yuan to make its exports more competitive with USA goods. In an interview and a press conference, Trump either shifted or completely reversed positions on a number of foreign and economic policy decisions, including how to handle China and the future of the chair of ...


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