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M&S poaches Halfords boss Jill McDonald to become new clothing chief

The high street bellwether said Jill McDonald had been recruited into the new role of managing director for clothing, home and beauty, joining the retailer in the autumn of this year. Rowe said: "I am pleased with the progress we have made in clothing & home over the a year ago and the time is now right for this appointment". Speaking on behalf of Halfords' board, Dennis Millard said: "We are grateful to Jill for the positive impact she has made across the business".

Business

Wall Street holds steady with a boost from technology stocks

The Dow Jones Industrial Average was up 20.37 points, or 0.1 per cent, at 20,960.88. The Dow Jones rose about 35 points with 3M and Visa adding the most gains, while the S&P 500 hovered around the flat line for the most of the session with information technology, industrials and health care shining.

Business

GDP Increases 0.7% in First Quarter of 2017, Below Expectations

The 0.3 percent growth in household consumption, which accounts for about 70 percent of the economy, followed a 3.5 percent jump from October to December. This will be reversed in future quarters. Consumer spending fell to its lowest level in almost eight years, adding only 0.3 percent, with spending on services at their lowest in four years, and durable goods orders their lowest since 2011, as auto sales fell 0.45 percent.

Business

United Reaches Agreement With Passenger Dragged Off Plane

United reached a settlement with Dao - the passenger who was forcibly removed - on Thursday, but the settlement terms were not disclosed. His lawyer said he lost teeth and suffered a broken nose and a concussion. The incident sparked wide outrage and United Airlines had to issue an apology. The agreement comes on the same day that United released the results of an internal investigation that found it had made multiple mistakes in its handling of the incident, and pledged to make ...

Business

Oil edges down as Libya output hits highest since 2014

West Texas Intermediate for June delivery dropped 21 cents to $48.63 a barrel on the New York Mercantile Exchange at 3 p.m.in Singapore. Despite wanting to boost output, Petroleum Minister Bijan Zanganeh told Reuters on Saturday that Iran has kept its oil production at 3.8 million barrels a day under an agreement brokered previous year by the Organisation of the Petroleum Exporting Countries and joined by some critical non-OPEC members including Russian Federation.

Business

Philippine leader 'may be too busy to visit US'

In the Philippines, a presidential spokesman said Trump expressed understanding of challenges facing Duterte, "especially on the matter of unsafe drugs". That knowledge, Spicer argued, was balanced by Trump wanting to work with Duterte to prevent North Korea from becoming a nuclear power. There has been concern about Duterte's efforts to loosen the Philippines' long-standing alliance with the USA as he looks to court China, whose push to control most of the disputed South China Sea has ...

Business

What Crack Spreads Say About Oil Prices

Oil stocks have steadily built for almost three years amid sharp production increases in the United States, Iraq, Iran, Brazil and other regions, sparking a slide in oil prices from above $100 in 2014 to $30 last year. West Texas Intermediate for June delivery dropped $1.18 to settle at $47.66 a barrel on the New York Mercantile Exchange. United States crude inventories, for example, are expected to mark a fourth straight week of declines from a record high hit at the end of March, but ...

Business

Trump says USA needs government 'shutdown'

Trump's proposed border wall. Democrats - and some Republicans - quickly denounced his call to close the federal government in a spending fight just as both parties were closing in on a final measure to fund agencies through September. US President Donald Trump says the nation "needs a good shutdown in September" to fix a "mess" in the Senate. KEITH: Trump talked up an increase in defense spending built into the bill.

Business

Wall St flat as Fed meet kicks off; Nasdaq hits record

Wall Street traded aimlessly on Tuesday, as the Federal Reserve began its two-day policy meeting following a string of data releases that raised doubts about the health of the USA economy. Crude oil prices bounced back as a decline in United States inventories put a floor under trading. Ford (F.N) shares fell 4.4% and General Motors (GM.N) shed 2.9%, as major automakers posted declines in U.S.

Business

Shopify Inc (US) (SHOP) Rating Reiterated by Maxim Group

Barclays PLC started coverage on Shopify Inc (US) in a research note on Tuesday, March 28th. Finally, Royal Bank of Canada downgraded shares of Shopify Inc (US) from an outperform rating to a sector perform rating and set a $77.00 price objective on the stock.in a report on Wednesday, April 26th.

Business

The Eagles sue Hotel California

The Eagles are seeking an injunction to stop the hotel from using the Hotel California name or doing anything else to imply a connection to the band. However, the matter has come to the attention of the band, and they have made a decision to sue the hotel since they have been using this name without the band's permission.

Business

Anthony Joshua beats Klitschko in Wembley thriller

Joshua hurt Klitschko with a hard left hook that knocked him down. But Joshua hung on and came back strong before knocking Klitschko onto the floor twice in the 11th before the referee eventually stopped it with the older man on the ropes, literally and figuratively.

Business

First Lady's Twitter appears to like post slamming her marriage

On Tuesday night, Andy Ostroy posted a GIF on Twitter of Melania Trump at the inauguration smiling for a brief moment while Donald Trump looks her way, only for the smile to immediately fade. That account is much more active, posting pictures of the first lady in her official capacities. Are stray Twitter faves the most pressing topic facing President Trump's administration and the millions of constituents he governs right now? But why like the tweet suggesting there is a wall between ...

Business

Greece reaches deal with creditors on fresh bailout

Tsakalotos added he was " certain " that the agreement would enable Greece to secure debt relief measures from its creditors, which he has said is vital to spearhead recovery in the country's struggling economy. Greek 10-year bond yields GR10YT=RR fell 40 basis points to 6.08 percent, their lowest since 2014. "Both Greece and its creditors are de facto buying time before talks, including those on the details of debt relief, can advance after the German elections later this year".

Business

I Will Release Plan With 'Massive' Tax Cuts Next Week

The Treasury Department has macroeconomic models that might be used for dynamic scoring, said Mazur, a former assistant secretary for tax policy at Treasury. "It's such a big thing", said Trump. The other memo will order the Treasury to review a process that designates which non-bank firms could threaten the financial system if they fail.

Business

China's manufacturing sector growth slowed in April

The euro was little changed against the USA dollar immediately following the release , changing hands at 1.0908 by 09:05 BST. The final index for new export orders was 53.3, less than the flash reading of 53.9 but still growing faster than 51.9 in the previous month due to demand from Southeast Asia, the survey showed.

Business

PM Modi calls on Turkish firms to fulfil India's enormous infrastructure requirements

Erdogan's selective condemnation of the Sukma terror attack but silence on the Kashmir attacks has raised eyebrows, so New Delhi gave Erdogan a patient hearing when he focused his ire on FETO, the Fethullah Gulen organisation which he said was present in India.

Business

Gunman opens fire in southeast Dallas, killing 1 and injuring 3

The paramedic underwent surgery and was in critical but stable condition Monday afternoon. He is going to have to undergo "extensive medical treatment to get him back up to par", Dallas mayor Mike Rawlings said. Police believe the suspect remains in the vicinity, and the Dallas Police Department's SWAT team is searching for him. "And he went in alone and pulled the paramedic out, placed him in his squad auto and drove him to Baylor hospital", said Chief David Pughes with the Dallas ...

Business

Markets scale new highs, but fail to sustain (Second Lead)

Market benchmark Sensex hit a soft patch for the second day running as it retreated from record highs to close below the 30,000 mark today after investors pocketed gains ahead of an extended weekend. The Nifty50 of the National Stock Exchange ended at 9342.15, recording a loss of 9.70 points or 0.1%. The BSE 30-share Sensex was quoting at 29,926.96 at 1430 hrs, up 271.12 points, or 0.91 per cent.

Business

OPEC, Non-OPEC States Signal Support for Output Cuts: Iranian Minister

Among the 10 members bound by the caps, compliance strengthened to 102 percent from 89 percent in March, the survey showed. On Monday, Libya's National Oil Company said that production is now above 760,000 barrels a day, said analysts. Valeant Pharmaceuticals International Inc. jumped 6.7 per cent, boosting the health care index to a 2.4-per-cent gain, after the CEO proposed a name change and said he wants to cut the company's debt in half.

Business

Trump to unveil tax reform plan next week

The AP notes the tax reform plan would come "just before his 100 day mark in office", which is one week from tomorrow - Saturday the 29th. His announcement surprised Capitol Hill and left Mr. And Mnuchin said the orders don't give him any authority he doesn't already have. He added: "President Trump is absolutely committed to making sure that taxpayers are not at risk from government bailouts of entities that are too big to fail ".

Business

Police in Oregon end Portland march amid unrest

The loud and colorful demonstration Monday on Las Vegas Boulevard drew stares from tourists from Chicago, Boston and California, and remained peaceful. Police in Portland, Oregon, say the permit obtained for the May Day rally and march there was canceled as some marchers began throwing projectiles at officers.

Business

Nick Cannon Loses Childhood Friend During Sunday's Shooting In San Diego

A childhood friend said he will miss the infectious smile of victim Monique Clark , who was devoted to her daughters, ages 2 to 13. "Such a lovely spirit with an infectious smile", he continued. Selis, who worked at a vehicle dealership and lived in the apartment complex, allegedly entered the pool area, sat in a lounge chair, and then called his ex-girlfriend, telling her he just shot two people , police said.

Business

Intern at Facebook for $8000 a month

Check out the top 10 spots to intern - plus their median montly salaries - below, and head over to Glassdoor for the full list. Interns often rave about the perks of working at the social media giant and the median intern salary sits at $8,000 per month.

Business

Mondelez International Inc (MDLZ) Position Maintained by First Command Financial Services Inc

The stock has dropped -5.45% from its peak and the consensus price target for the stock is $68.90 a share. Price T Rowe Associates Inc. The correct version of this story can be viewed at https://www.com-unik.info/2017/05/01/mondelez-international-inc-mdlz-position-maintained-by-first-command-bank-updated.html.

Business

Alphabet reports strong Q1 on the back of booming advertising business

The majority of growth in earnings seems to be coming from an increase in advertising revenues and in net earnings Google's up over a billion since this time a year ago. The results topped Wall Street expectations. It is clear that advertising is the main money maker, after it posted advertising revenues of $21.41 billion (£16.5bn), or around 87 percent of Alphabet's total revenues.

Business

SpaceX rocket lifts off on secret mission for USA military

SpaceX launched a US spy satellite into orbit Monday, then landed its first-stage rocket booster near the launchpad. About 10 minutes later, the rocket's first stage landed at SpaceX's Landing Zone 1, just south of the launch site at Cape Canaveral Air Force Station.

Business

Amtrak: 6 weeks of disruptions for NYC train station repairs

Given the tight quarters of Penn Station's underground maze of tracks and switches, what Amtrak is proposing while unpleasant, is reasonable. "Why not schedule some of the work for the last week of August when so many people take off from work heading into Labor Day weekend?" said state Senator Bob Gordon, a Democrat from Fair Lawn who is overseeing legislative hearings into New Jersey Transit's operations after a fatal crash in September.

Business

Midler, Blanchett, Field score Tony nominations for best of Broadway

Playhouse artistic director Christopher Ashley received his third career Tony nomination for directing the musical about what happened when 38 planes were diverted to Newfoundland on September 11, 2001 leaving thousands of passengers stranded in the small, welcoming town of Gander.

Business

SpaceX Successfully Launches, Lands Falcon 9 Rocket

On Monday morning, SpaceX successfully landed its Falcon 9 rocket on solid ground again after launching it from Cape Canaveral, Florida. SpaceX's business rival United Launch Alliance, a joint venture between Lockheed Martin and Boeing, had previously nearly cornered the market for national security-related rocket launches.

Business

Marine Le Pen Upstages Emmanuel Macron With French Factory Visit

Far-right expert Nonna Mayer at Sciences Po university said a Le Pen victory was not impossible, "but it seems unlikely that she will carry the second round". Despite serving as economy minister in the outgoing Socialist government of Francois Hollande, Macron casts himself as an "outsider" and his year-old " En Marche! ".

Business

Nokia Corporation (NOK) Closed at $5.73

Sell-side research reports may contain estimates and stock recommendations as well. The share last price represents uptick move of 3.49% in value from company's 52-Week high price and shows 37.44% above change in value from its 52-Week low price.

Business

Congress approves stopgap spending bill to prevent federal gov't shutdown

Democratic leadership seemed to celebrate Republicans' failure to advance bills on healthcare and tax reform, as well as Trump's failure to fund a border wall, which they said Trump was trying to rush through in order to point to concrete accomplishments before he reached 100 days in office on Saturday.

Business

Failed North Korean missile was 'heading to Russia'

The Chinese have always maintained that it is "de-nuclearisation" of the peninsula that is the main question at stake. "Some forces are loud-mouthed that the recent USA military attack on Syria is an action of warning us but we are not frightened by it", said a North Korean foreign military official.

Business

DOD launches investigation into payments Flynn received from Russian Federation

Flynn was the director of the Defense Intelligence Agency under then-President Barack Obama until he was ousted from that role in 2014. However, another DIA letter to the Congress released Thursday by House Oversight Committee ranking member Elijah Cummings appeared to counter the defense of Flynn's team.


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