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Business

French candidates halt campaigns; Le Pen calls for border controls

Hamon won the Socialist primary but the party is deeply divided, and Socialist President Francois Hollande is so unpopular that he's not seeking a second term. The protesters also carried banners and placards that read "Marseille against the National Front" - Le Pen's eurosceptic party - "Migrants Welcome, Fascists get out!", and "The Extreme Right, you can't fight at the ballot box".

Business

US Unemployment Rate Drops to 7-year Low

Late a year ago, they began rising a slightly higher pace. The unemployment rate fell from 4.7 percent to 4.5 percent in March, the lowest level since May 2007. But in a sign there is still slack in the economy, the hourly wages of permanent employees rose by just 0.9 percent from March 2016. Barrie's unemployment rate dipped slightly last month.

Business

Government drops new probate fees branded as "stealth tax"

The government on Friday shelved a controversial plan to introduce what critics had called a stealth tax on death in a move that will cost the Treasury £300m. When asked by the BBC, a senior Tory refused to say if the policy would be brought back if the Tories win the upcoming general election. Under the proposed changes , fees would have been set at one of seven levels depending on the size of the estate .

Business

May wins Parliament vote to hold snap elections on June 8

The point was hammered home by Labour's Yvette Cooper, who challenged the prime minister's explanation for calling an election. As Britain enters an extremely important period in its political future, various MPs assembled this afternoon to discuss and debate the Prime Minister's recent decision to call a snap election .

Business

United Kingdom retail sales plunged in March

The pound is 14% lower against the dollar than it was on the day of the referendum in June when the United Kingdom voted to leave the European Union. James Brooke, CEO of Amplience, believes today's figures will be harsh a wake-up call for many retailers.

Business

Why Schlumberger Q1 Earnings Left Investors Unimpressed

The company, which lists Houston as one of its headquarters, plans to reactive its entire fracking fleet by the fourth quarter, and its pending joint venture with Weatherford International will give it a foothold in every USA oil basin with both hydraulic horsepower and multistage completion technology, the executive said.

Business

Delta Airline to pay passengers $10,000

The airline also faces a Thursday deadline from the Senate Commerce Committee to answer detailed questions about the incident on United Flight 3411, in which 69-year-old Dr. The fiasco has hurt shares of United Continental, which dropped about 4 percent on Tuesday, despite the company reporting better-than-expected earnings late Monday.

Business

Oil Falls to One-Week Low

Crude fell in the previous two sessions, but it received a boost from comments on April 19 by the secretary-general of OPEC that the group was committed to cutting inventories to the five-year average. Oil dropped to the lowest in more than a week on signs USA output is rebounding, undermining OPEC's efforts to clear a global glut. "I think they will keep the same level if the deal is extended", Almarzooq, who chairs the committee monitoring the cuts, said Wednesday in an interview in ...

Business

Berkeley Group Holdings PLC (BKG) Downgraded by Liberum Capital to Hold

The Firm provides personal, commercial and specialty insurance services and products direct-to-customers. It has a 11.96 P/E ratio. The Company's divisions include Americas Adhesives, Europe, India, Middle East and Africa, Asia Pacific, Construction Products and Engineering Adhesives.

Business

Patriots curiously fight with NY Times over Trump crowd size

Five takeaways from the Georgia special election MORE in November. "The New England Patriots are big supporters of our military and America's veterans", said Trump, highlighting long snapper Joe Cardona, who serves in the Navy reserves.

Business

VP Pence arrives in Australia, last stop in Asia

The deals - involving US corporations like General Electric and Lockheed Martin - include "the delivery of cutting-edge USA technologies to help meet Indonesia's energy needs and process waste into valuable byproducts", the White House said in a statement.

Business

Redskins hosting Giants on Thanksgiving

They will play the New York Giants on November 23rd at 8:30. I can say for myself that I hope they schedule it for the early or late game, because otherwise they'll just have to reschedule Thanksgiving. It comes right after the Monday night road game in Kansas City. Last season, the Lions had two primetime games in the regular season. This is more good news for the Redskins.

Business

Canada's Trudeau defends dairy system after Trump criticism

Francois Dumontier, a spokesman for Les Producteurs de lait du Quebec, said imports of USA milk products have increased since 1993 and now account for three-quarters of milk products in Canada. In a story April 19 about a U.S. "Time and again Canada has demonstrated its disregard of its dairy commitments to the United States - hampering America's exports to Canada - while pursuing ways to use its government-controlled system to unfairly dump greater Canadian exports in global markets".

Business

UN strongly condemns North Korean missile launch after delay

In an interview in Wisconsin, the United States president complained that his predecessors should have dealt with North Korea's pursuit of a nuclear arsenal, but said he was in the position now where he was "going to have to do something about it".

Business

Surprise Build In Gasoline Inventories Shocks Oil Markets

Oil prices dipped on Wednesday as bloated United States supplies weighed on markets while a fall in Saudi crude exports was offset by rising production in the country. Gasoline stocks also posted a counter-seasonal build of 1.4 million barrels. According to data the single countries report to the Joint Organizations Data Initiative (JODI), Saudi Arabia's crude oil exports in February stood at 6.957 million barrels per day, the lowest volumes shipped in a month since May 2015 when ...

Business

Trump's visa changes could favor more skilled, higher wage workers

He signed the order during a visit to the headquarters of Snap-On Inc, a tool manufacturer in Kenosha, Wisconsin, saying that H-1B visas should "never be used to replace Americans", adding that "we are about to take bold new steps to follow through on my pledge to buy American and hire American".

Business

Goldman Sachs Maintains Sell on Tesla Inc (TSLA)

EXPE's SI was 9.30 million shares in April as released by FINRA. Finally, Vista Capital Partners Inc. purchased a new stake in Tesla during the first quarter worth approximately $202,000. Morgan Stanley came out today with a detailed note exploring the business of Tesla Semi and the analysts, Adam Jonas, who covers Tesla for the firm, and Ravi Shanker, a logistic analyst, believe that Tesla will go with a battery leasing model.

Business

Vettel victories could force a Mercedes rethink

Vettel started third on the grid, but on the first lap itself on turn one managed to squeeze past Lewis Hamilton and eventually managed to jump pole-sitter Valtteri Bottas in the first round of pit stops after a safety auto period. As a team we didn't achieve that, Ferrari did a better job, so I'm leaving here with a bit of a unusual feeling, because I don't know why the pace was so poor.

Business

Bebe to Close All Stores in San Diego County

Q2 net sales were $101.9 million, a decrease of 16.8% from $122.4 million in the same period past year. For the six months ended January 2, same-store sales decreased 7.4%. The Agreement also contains customary representations, warranties, covenants and indemnities by the Company and Consultant. It closed one store in the second quarter and made plans to close as many 25 bebe and outlet stores in fiscal 2017; Those plans have now expanded to include all stores.

Business

Champions League: Best XI from the quarter-finals

Thomas Mueller said he found it hard to blame a referee for a defeat "but today there's no way around it". "We were hung out to dry, that's what happened", Rummenigge told a post-match dinner in the early hours of Wednesday. We've seen Ryan Giggs go from a flying winger to someone who played more centrally as a midfielder. He netted again from inside the area after a breakaway in the 110th to secure his club a place in the semifinals of the Champions League for the seventh straight season.

Business

Bill O'Reilly Out at Fox News Channel After Harassment Allegations

Stephen Colbert brought back his Colbert Report alter ego to say farewell to Bill O'Reilly, who was forced out at Fox News on Wednesday, April 19, after numerous sexual assault allegations surfaced in recent weeks. He will be replaced in the coveted 8 p.m. ET time slot by Tucker Carlson, NPR reported. Up to four million viewers watched "The O'Reilly Factor " each evening, making it the most-watched cable TV program in 2016 and generating $446 million in ad revenues for Fox between ...

Business

Crude Oil Prices Slide As US Adds Output

Opec exempted Nigeria and Libya a year ago from cutting production, due to their internal conflicts, while it agreed to let Iran pump an additional 90,000 barrels a day to reach output of about 3.8 million. They settled 53c lower at $52,65 a barrel. A preliminary Reuters poll showed analysts expected data to show USA crude oil stocks fell in the week to April 14, building on a surprise decline the previous week.

Business

Trump's Visa Target: Who Comes from Where?

He vowed to end the H1-B program which, he said , allowed big business to fire Americans and replace them with foreigners. The Trump administration said that if the waivers are not benefiting the USA they will be "renegotiated or revoked".

Business

US home sales shoot up to 10-year high

Sales rose 4.4% at a seasonally adjusted annual rate of 5.71 million, topping the previous ten-year high set in January. With supply still tight, the median house price rose 6.8 percent from one year ago to $236,400 in March, the 61st consecutive month of year-on-year price increases.

Business

Oil spill reported on North Slope, volume unknown

Environmental Protection Agency and local government was brought in to coordinate efforts. Workers from the Alaska Department of Conservation and the U.S. Fox News is reporting there are actually two leaks - one near the top and one further down the well assembly, says BP. BP and state regulators are investigating the cause.

Business

SeaBridge Investment Advisors LLC Decreases Stake in HSBC Holdings plc

Goldman Sachs Group Inc restated a buy rating and issued a GBX 415 ($5.22) target price on shares of Ashmore Group plc in a research note on Wednesday, March 29th. In addition to Peel Hunt reporting its target price, a total of 3 brokerages have issued a ratings update on President Energy Plc. They expect $0.50 earnings per share, up 4.17% or $0.02 from last year's $0.48 per share.

Business

Trump Takes on Canadian Dairy Industry

White House officials say Trump's order looks at lifting exemptions that allow foreign companies to bid on projects in the US, something Canada now enjoys under NAFTA. Trump's heated rhetoric on Canadian trade changes a softer tone his administration has directed toward Canada since he took office in January. Once Mr.

Business

Tesla Issues Parking Brake Recall Affecting 53K Cars

Because of a parking brake that might stick and render a auto immobile, Tesla Inc. has issued a voluntary recall for certain Model S and Model X luxury electric cars. The company manufactured 83,922 of the S and X models in 2016, but the cars in question were manufactured between February 2016 and October 2016. The company plans to make 1 million Model 3's per year by 2020.

Business

Turkey electoral board rejects request to annul referendum

The move had prevented proper records being kept and could have affected the results, the Union of Turkish Bar Associations (TBB) - known as a body opposed to the current Ankara government - said, adding in a statement: "With this illegal decision, ballot box councils [namely, officials at polling stations] were misled into believing that the use of unstamped ballots was appropriate".

Business

Battle of Vimy Ridge remembered

Prince William and his brother Harry laid boots on the memorial in memory of the fallen soldiers. 3,598 Canadians died during the four day battle and another 7,000 were injured. I can say without hesitation that Manitobans have never forgotten, and we will never forget, the sacrifice made by our courageous men and women in uniform.

Business

Steel Dynamics sees 219 percent net income growth

A ratio above one indicates an increase in the stock price over the six month time frame. The number of shares now owned by investors are 242.38 mln. The company's steel production utilization rate was 95 percent in the first quarter 2017, contrast to 81 percent in the sequential fourth quarter and contrast to the domestic industry utilization rate of 75 percent.

Business

USA crude oil stocks drop

China's March gasoline output rose 2.5 percent year-on-year to 11.24 million tonnes, the highest level since at least April 2014, China's National Bureau of Statistics said, adding fuel into an Asian market that is already well supplied. Iran was allowed to increase its output under the deal as the nation rebuilds from worldwide sanctions that pressured its energy industry. According to a report on monthly drilling productivity report by the Energy Information Administration, the output of ...

Business

Patriots respond to comparison photo showing team with Obama versus Trump

Patriots' turnout for President Trump today", the New York Times tweeted along with photos from both events. President Donald Trump stands with New England Patriots head coach Bill Belichick , left, New England Patriots owner Robert Kraft , right, and members of the New England Patriots during a ceremony on the South Lawn of the White House in Washington , Wednesday, April 19, 2017, where he honored the Super Bowl Champion New England Patriots for their Super Bowl LI ...

Business

BP Reports Oil Spill in Alaska

A federal official says crews in Alaska are ready to shut down an oil well that is misting natural gas on the frozen North Slope, but officials say it's too unstable for responders to get close. Environmental Protection Agency and local government was brought in to coordinate efforts. The BP-owned well was also leaking crude oil, which stopped after authorities activated a safety valve yesterday (April 16).

Business

Ontario, Canada brings in foreign housing tax to cool market

Wynne said the tax is not about targeting immigrants. "I call them property scalpers ". The federal finance minister noted there are no imminent plans regarding Ontario's request to close a loophole on capital gains exemptions. The Canadian Real Estate Association said Tuesday home sales over its Multiple Listings Service system increased by 1.1 per cent in March to top the previous monthly record set in April 2016.


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