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YouTube ad boycott could spell trouble for Alphabet's Google

The company reported revenue of $24.7 billion-its second largest quarter ever-a 22% increase over last year's first quarter. Google's ad revenue, which accounts for the lion's share of its business, rose 18.8 percent to $21.41 billion in the first quarter.

Business

Passenger dragged from plane reaches settlement with United Airlines

Thomas Demetrio, Dao's attorney, said he lauded United CEO Oscar Munoz. If you'll recall, and you may need a refresher since this happened light years three weeks ago, Dao was selected to exit his United Airlines flight to make room for the crew in an overbooking situation.

Business

President Trump, how will your tax plan spur economic growth?

Treasury Secretary Steve Mnuchin said of the tax: "We don't think it works in its current form". Tax reform was going to be an important issue in the Trump administration, but something has stopped him short. McMahon said there was no way to predict what tax plan will eventually emerge from Congress, but if Trump's proposal were enacted, NY would not see as big of a cut as many other states.

Business

Senate confirms Acosta as labor secretary

Acosta stated that the DOL overtime final rule, which would have raised the salary threshold for receiving mandatory overtime from $23,660 to $47,476 a year, went well beyond a cost of living adjustment. Acosta will succeed Democratic Party boss Tom Perez as secretary of labor. "Acosta comes to his cabinet post with significant federal experience, which is critical, given the challenges and opportunities in the areas of jobs and workforce development".

Business

Oil and Gas: Trump to sign order aimed at expanding offshore drilling

With one day left to rack up accomplishments before he reaches his 100th day in office, Trump ordered his interior secretary to review an Obama-era plan that dictates which locations are open to offshore drilling, with the goal of the new administration to expand operations.

Business

There will be a "big announcement" on tax reform Wednesday

Mnuchin said at the Monday White House news briefing: "The tax reform will pay for itself ". Commerce Secretary Wilbur Ross said that the combination of changes on taxes, trade and regulations being pushed by the administration would accelerate the pace of economic gains.

Business

Trump's faulty trade math may not make America greater, or richer

Trump's scorn toward multinational trade deals, part of his nationalist political message, appeals to Americans who feel such pacts have cost Americans jobs. "As farm income continues to fall to its lowest level since 2009, we urge your immediate attention both to securing and to maintaining solid and fair trade agreements that bring the benefits of agricultural trade to our struggling farm economy".

Business

Braun, Brewers thump Reds to complete sweep

Thames, who returned to the majors this season after playing in South Korea for three years, felt the tug on his left hamstring five days ago, but played through the discomfort. The Brewers outscored the Reds 53 to 26 so far this season. "The schedule for every team presents challenges", Counsell said. They've also lost four of their last five contests versus right-handed starters and are just 1-4 in their last five games coming off a loss.

Business

Unused drug collection event in Meyersdale

April 29. In the fall, the Sheriff's Office collected about 45 pounds of prescription drugs during Take Back Day, though lately the office has had additional successes participating in more localized initiatives. "If you have medicines that you're no longer using, they're old prescriptions, they're old over-the-counter drugs-get rid of them", said Winooski Officer Derrick Kendrew.

Business

Christy Clark says province will buy lumber to protect BC mills

Softwood trade has always been an irritant between the two nations and was expected to flare up again after a deal that limited Canada's share of the USA market expired in 2015. We hope an agreement can be worked out with the Canadian government to make it easier to import American milk. Instead, she pointed out that Canada has won every court case on lumber against the United States, suggesting the tariffs would be challenged in court.

Business

U.S. regulator wants to reverse net neutrality

Pai claims that internet openness was already protected prior to the classification of broadband service under Title II. The previous FCC effort to write net neutrality rules had drawn a record outpouring of more than 4 million public comments.

Business

B.C. leaders get personal during election debate 2017

Christy Clark has been a disaster and we are calling her out", says Hunt. "When I see a premier fight with teachers and make it more hard to learn in classrooms for kids - a generation of kids - I get angry and I think B.C.ers do as well".

Business

Exxon's Russian drilling waiver request shot down by Trump

The Department of the Treasury, in consultation with President Donald Trump, announced it was rejecting waiver requests from Exxon and other companies looking to restart Russian operations disrupted by worldwide sanctions. Exxon's critics said that if the Trump administration approved Exxon's request, which was reported first by The Wall Street Journal , then Congress should block it on environmental and national-interest grounds.

Business

Britons to be hit by 'Australia first' working visa clampdown

Turnbull. The Australian ambassador to Ireland says skilled Irish people will continue to be welcome in Australia despite the scrapping of the 457 visa programme. A second four-year visa will require a higher standard of English language skills as well as a proper criminal check. He also said, " we must ensure that our citizenship program is conducted in our national interest ".

Business

Arkansas execution delayed as Supreme Court refuses to overrule state court

Arkansas , which last carried out an execution a dozen years ago, has sought to resume capital punishment this month with a plan that originally called for putting eight inmates to death by lethal injection in 11 days. Asa Hutchinson said they would be able to procure a supply for the executions. The motion, filed Tuesday in Pulaski County Circuit Court, requests that Virginia-based McKesson Medical-Surgical Inc.'s case be transferred to Faulkner County Circuit Court.

Business

Trump's campaign rhetoric on trade deals softens as president

Young immigrants brought to the USA illegally as children can "rest easy", President Donald Trump said Friday, telling the "dreamers" they will not be targets for deportation under his immigration policies. Mr Tillerson told reporters on Wednesday that the review will not only look at Teheran's compliance with a 2015 nuclear deal, but also its behaviour which undermined U.S.

Business

Earnings at the Forefront For Anthem, Inc

For the next fiscal year, analysts forecast that the company will report sales of $91.93 billion per share, with estimates ranging from $89.3 billion to $94.55 billion. In other Anthem news, SVP Ronald W. Penczek sold 729 shares of the firm's stock in a transaction that occurred on Monday, March 6th. The company's shares closed yesterday at $172.46, close to its 52-week high of $173.28.

Business

Trump's first tariffs: Canada's lumber imports

Trudeau, leader of Canada's Liberal Party, said the two countries are economically interconnected, but it's not a one-way relationship. An official announcement was not made by the Trump administration on pulling the US out of the deal, but if the president were to withdraw he would likely sign an executive order .

Business

Policy Change: United Airlines will no longer take seats from boarded passengers

Cellphone video of the incident sparked widespread outrage and created a public-relations nightmare for United. "We issued an updated policy to make sure crews traveling on our aircraft are booked at least 60 minutes prior to departure", a spokeswoman, Maggie Schmerin, wrote in an email on Sunday.

Business

The Liberum Capital Reiterates "Buy" Rating for Electrocomponents plc (ECM)

Therefore 80% are positive. This is 21.69% from the last stock price. The number of shares Prudential PLC now has in issue is 2,570,361,000, which have a value of 1644.33 per share calculating Prudential PLC's market capitalisation to 42.27B GBP.

Business

Myles Garrett, Mitchell Trubisky Go 1-2 In NFL Draft

All nine years of Brown's career came with Cleveland, leading the league in rushing in eight of those seasons. This wasn't supposed to be a strong quarterback class and yet three were chosen in the top 12 - not by the Browns, who are already set for next season with two first-round picks and three second-rounders.

Business

FY2017 EPS Estimates for Royal Caribbean Cruises Ltd Boosted by Analyst (RCL)

Royal Caribbean Cruises presently has a consensus rating of "Buy" and a consensus price target of $96.72. Also, SVP Bradley H. Stein sold 5,077 shares of Royal Caribbean Cruises stock in a transaction that occurred on Monday, February 13th.

Business

Communisis plc (CMS) to Issue Dividend of GBX 1.61 on May 26th

Farmers Capital Bank Corporation is a bank holding company. Go-ahead Group (LON:GOG) had its stock rating noted as Overweight by analysts at JP Morgan Cazenove. The stock of Vernalis plc (LON:VER) has "Buy" rating given on Thursday, September 29 by Panmure Gordon. The company was maintained on Wednesday, December 21 by Shore Capital.

Business

Today Analysts Focus on Ameren Corporation (AEE), Zions Bancorporation (ZION)

The Return on Investment (ROI) is at -19.7% while it's Return on Equity (ROE) value stands at -33.2%. The business had revenue of $621 million for the quarter, compared to the consensus estimate of $619.90 million. In other Zions Bancorp news, Director Shelley Thomas Williams sold 26,127 shares of the stock in a transaction on Monday, January 30th. Keybank National Association acquired 12,954 shares as Zions Bancorporation (ZION)'s stock rose 38.35%.

Business

US timberland returns tick up, ahead of US-Canada trade spat

The conference includes Bruce Heyman, the former U.S. Ambassador to Canada under the Obama Administration. He cited free trade in the North American auto sector as an example of how a typical vehicle part can cross the border up to six times before it ends up in a finished automobile.

Business

Australia visa cut to hit Indian IT workers

Echoing US President Donald Trump's nationalist rhetoric, Australian PM Malcolm Turnbull announced the abolishment of one of the country's most popular work visas with immediate effect. Among other steps, the action will bring a review of the USA work visa program. The 457 visa is the most commonly used program for Australian or overseas employers to sponsor skilled foreign workers to work in the country on a temporary basis.

Business

Nasdaq hits 6000 for first time (BIIB)

It was the first time the Nasdaq climbed above 6,000 points in history, reaching as high as 6,036 points. "The Nasdaq has not seen a major new high, which is to say a breakthrough of a big round number, since way back in 2000", Brad McMillan, chief investment officer at Commonwealth Financial Network, said back in February when the Nasdaq was flirting with those lofty levels.

Business

Marvell Technology Group Ltd. (MRVL) Now Covered by Macquarie

They now have a United States dollars 14.5 price target on the stock. Finally, Ardsley Advisory Partners purchased a new stake in shares of Marvell Technology Group during the third quarter worth about $159,000. M&T Bankshares has 0% invested in Marvell Technology Group Ltd. (NASDAQ: MRVL ). The company is next scheduled to release earnings on or around 2017-07-26 for the period ending 2017-04-30.

Business

Kia Motors to set up Rs 12000-cr plant in AP

Construction work on the new plant is said to kick off in the fourth quarter of the year as part of a huge investment vetted to be around $1.1 billion. Kia was founded during the second world war in 1944 and is Korea's oldest manufacturer of motor vehicles. This would be Kia's first plant in India and seventh in the world.

Business

Trump wary of 'major, major' conflict with North Korea as United Nations meets

In an interview set to air Friday on NPR, Secretary of State Rex Tillerson said that direct talks with Pyongyang are "the way we would like to solve this". "We'd love to solve things diplomatically but it's very hard", Reuters quoted Trump as saying. But Beijing has been infuriated by the THAAD deployment, which it fears weakens its own ballistic capabilities and says upsets the regional security balance.

Business

Euro falls against US dollar on dovish ECB tone

According to the flash reading, Eurozone CPI inflation increased to 1.9% from 1.5% the previous month and compared with consensus expectations of an increase to 1.8%. The economic sentiment across the 19-member eurozone hit 10-year high against concerns over Brexit and a run of elections in the region, pointing to growth pick-up after years of recovery, official survey showed Thursday.

Business

Targeted Mover: Office Depot, Inc.'s (ODP)

RSI oscillates between zero and 100. ©2017 Office Depot, Inc . (ODP) is at 56.9. (LOW). A frequently used tool among technical stock analysts is the moving average. The high and low revenue estimates for the current quarter are $2.5 Billion and $2.41 Billion, respectively. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.

Business

May hosts European Union leaders as Brexit positions harden

The meeting also comes ahead of Saturday's European Council summit, when leaders of the other 27 EU countries will discuss their draft guidelines for negotiations, which reject the UK's pleas for parallel trade and divorce talks. Among Monday's other amendments to the draft negotiating guidelines, diplomats said the text would spell out that the European Union wants Britain to pay Brussels a share of financial commitments made from the bloc's seven-year budget until the end of 2020, almost ...

Business

Earnings Whisper: Buffalo Wild Wings (NASDAQ:BWLD), F5 Networks, Inc. (NASDAQ:FFIV)

Today's statement from Buffalo Wild Wings, however, pointed out that it has "generated industry-leading total shareholder returns since its IPO in 2003". Finally, Robert W. Baird reissued an " outperform " rating and set a $170.00 price target on shares of Buffalo Wild Wings in a research report on Wednesday, February 8th.

Business

BSE Sensex touches new all-time high of 30071.61

The benchmark BSE index ended 111.34 points or 0.37 per cent lower at 29,918.40, but gained 1.88 per cent for the week. The Sensex scaled a new peak of 30,184.22 intra-day, driven by abundant liquidity. Broader markets too were in a better shape, with the BSE mid-cap index rising 1.06 per cent and the small-cap index gaining 0.58 per cent. The local markets will be closed on Monday for a public holiday.


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