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UK PM May to visit queen to mark start of election campaign

An EU source has told the BBC that officials in Brussels will not enter into a discussion about potential figures for a final bill, likely to be one of the hardest-fought and most sensitive areas of the Brexit process. Can the same be said for those on the other side of the table? If we don't get the negotiation right, your economic security and prosperity will be put at risk and the opportunities you seek for your families will simply not happen.

Business

Trump to unveil tax plan with 'massive' cuts next week, AP says

WASHINGTON (AP) — President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also blowing a massive hole in the budget? Mr Trump offered his tax tease in an interview and again during remarks at the Treasury Departmentlast Friday afternoon as he raced to stack up legislative ...

Business

Groupon reports 1Q loss

Usually the RSI is considered overbought when above 70 and oversold when less than 30. (GRPN) is at 51.27. Price targets show what analysts believes a stock will be worth at the end of a certain time period. The firm's quarterly revenue was up 1.9% compared to the same quarter previous year. Simple moving average analysis helps investors to quickly identify if a security is in an uptrend or downtrend.

Business

The Sprint Magic Box will improve your coverage and increase download speeds

Sprint COO Guenther Ottendorfer said more than 5,000 boxes have been deployed for these trials, and noted customer response in those locations has been quite good. So not only does a Magic Box make your personal, nearby network better, it'll improve Sprint's network in your area for other Sprint customers. You don't need to hook up the device to your internet connection; you just plug it into an electrical outlet.

Business

Defense confirms Slager pleading guilty

According to The Post and Courier , Slager's head attorney Andy Savage said , "We hope that Michael's acceptance of responsibility will help the Scott family as they continue to grieve their loss". "We got justice", Judy Scott, Walter Scott's mother, said and also added that she has forgiven Slager for his crime. We got it done. "Today [Slager] told the truth".

Business

Confused over Trump's tax plan? Gary Cohn says he doesn't see why

What does seem clear already, however, is that Trump's plans could lead to a $2.4 trillion drop in tax revenues over the next 10 years - a steep price to ask Americans to pay in advance for not guaranteed economic growth. The Wall Street Journal wondered if the pass-through tax cut is "Pro-Business or Pro-Scams." Sen. The House GOP, by contrast, has a proposal to cut the corporate rate to 20 percent, offset by a massive tax on business imports; by omitting any mention of that approach, ...

Business

September 'shutdown' needed to fix Senate 'mess'

The money in Upton's plan would go to people in states that get those waivers. "They wanted a shutdown", Mulvaney said. Trump's congressional allies have cut a deal with Democrats to fund the government until September, at least delaying the building of a border wall and a host of Trump's other priorities.

Business

Lapse of Wembley transformed for Joshua v Klitschko

Saturday's dramatic win over Klitschko took Joshua to 19-0, all by knockout, and afterwards he called out Fury (25-0). "Deontay Wilder was ringside on Saturday, Joseph Parker we're going to keep an eye on this Saturday and Wladimir Klitschko is still a fight that everybody would love to see", Hearn added.

Business

United reaches settlement with passenger dragged from plane

Dao and I applaud United for promptly addressing the many issues that have plagued passenger satisfaction in the arena of airline customer service", Demetrio said in the statement Thursday. "He stood in front of the world and has stated that, 'We, United, take full responsibility'". He apologized again but acknowledged "sorry simply doesn't go almost far enough to address the shocking way one of our passengers was treated that day".

Business

Cliffs Natural Resources Inc (CLF) Bond Prices Rise 1.5% Earnings

Latest closing price was -4.95% below its 50-day moving average and -13.85% below its 200-day moving average. ( CLF ) has a market capitalization of 1.99 Billion which suggests the company is a huge company further suggesting that the shares of Cliffs Natural Resources Inc.

Business

USA businesses added solid 177000 jobs in April

Brick-and-mortar retailers also cut jobs in response to stiff competition from online merchants like Amazon. Private-sector hiring remained steady in April, a private employment survey found, a sign the USA economy continues to expand despite recent signs of a slowdown.

Business

Infosys plans to hire 10000 American workers, open 4 US tech centers

Though outsourcing firms in India have hired in the United States, Infosys is the first firm who has come up with a specific hiring numbers and also has given a timeline following the Trump's visa review. Infosys did not give details on specific jobs it would bring to the United States, but said it would seek experienced tech professionals and recent graduates from universities and community colleges.

Business

Puerto Rico hit with lawsuit after litigation freeze expires

Demonstrators also briefly blocked traffic near San Juan's global airport, prompting some travelers to walk along the highway dragging suitcases. The governor said he would petition Puerto Rico's federal oversight board to invoke a quasi-bankruptcy law that puts its standoff with creditors before a judge.

Business

The Coca-Cola Company (NYSE:KO): Are Shares Undervalued?

Zacks Investment Research's EPS calculations are a mean average based on a survey of sell-side research firms that cover Coca-Cola European Partners plc . increased its position in The Coca-Cola by 2.7% in the first quarter. Stock is now moving with a positive distance from the 200 day simple moving average of approximately 3.89%, and has a solid year to date (YTD) performance of 5.58% which means the stock is constantly adding to its value from the previous fiscal year end price.

Business

Australia's ANZ Bank 1st-half cash profit up, but misses estimates

In a sign of further job cuts to come, the bank on Tuesday said was moving to make its workforce and management ranks more "agile", which is meant to "reduce waste and bureaucracy". ANZ gained 0.58 per cent to $32.95, National Australia Bank rose 0.26 per cent to $34.09, Westpac lifted 0.68 per cent to $35.30 and Commonwealth Bank edged 0.07 per cent higher at $87.46.

Business

Stock within Traders Radar: Host Hotels & Resorts, Inc.'s (HST)

Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Host Hotels and Resorts during the fourth quarter worth $132,000. The number of shares now owned by investors are 1.03 bln. If you are accessing this piece on another website, it was stolen and reposted in violation of global copyright & trademark legislation. Deutsche Bancshares Ag invested 0.09% of its portfolio in Host Hotels and Resorts Inc (NYSE: HST ).

Business

Stock to Watch: Occidental Petroleum Corporation (OXY)

Bank of Nova Scotia Trust Co. now owns 4,389 shares of the oil and gas producer's stock worth $313,000 after buying an additional 55 shares in the last quarter. ILLEGAL ACTIVITY WARNING: "Peoples Financial Services CORP". 03/14/2017 - Occidental Petroleum Corporation was upgraded to "outperform" by analysts at Credit Suisse.

Business

Trump Open to Gas Tax Hike for Rebuilding Infrastructure

Reform of the corporate code, not individual taxes, is most urgent - in terms of boosting productivity. Ryan's plan calls for replacing the current corporate income tax with a 20 percent tax on US companies' domestic sales. If the measures were only temporary, US corporations might eventually have incentives to return to the current practice of hoarding untaxed profits overseas, he said.

Business

Murray Goulburn to shut plants, cut jobs

Murray Goulburn will also wipe the debt owed to them by hundreds of farmers since is slashed farmgate prices a year ago. In February, the company reported a $31.9 million loss in its half-year results leading to speculation that closures were imminent.

Business

Patterson-UTI Energy, Inc. (PTEN) Given "Hold" Rating at BMO Capital Markets

According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $30.07 on company shares. Institutional investors own 98.84% of the company's stock. According to this scale, a rating of 1 or 2 would indicate a Buy, and a rating of 4 or 5 would signify a Sell recommendation. Patterson-UTI Energy had a negative return on equity of 13.25% and a negative net margin of 34.79%.

Business

Apple stock falls amid iPhone, services disappointment

On a positive note, Apple boosted its share buyback program to $210 billion, up from $175 billion, and lifted its quarterly dividend payout by 10% to $0.63 per share. Fiscal second quarter iPhone sales also fell short of the 51.2 million iPhones that Apple sold in the same quarter past year. It sold 50.76 million iPhones in its fiscal second quarter ended April 1, down from 51.19 million a year earlier.

Business

Steady Stock: Yum China Holdings Inc (NYSE:YUMC)

Finally, Zacks Investment Research raised shares of Yum China Holdings from a "hold" rating to a "buy" rating and set a $35.00 price target for the company in a report on Wednesday, April 12th. Closely-held shares are those owned by insiders, major shareholders and employees, while restricted stock refers to insider shares that can not be traded because of a temporary restriction such as the lock-up period after an initial public offering.

Business

Trump's FCC chairman announces plans to abandon net neutrality enforcement

Pai's much-anticipated plan wasn't revealed in detail Wednesday, but he has promised it will facilitate a "return to the tried and true approach" of internet regulation from the Bush and Clinton administrations. Pai has argued for lighter-touch net neutrality regulation. That regulatory maneuver provided the legal underpinning to pass a strong set of rules that prevent internet service providers from discriminating against the type of content they deliver to their subscribers.

Business

Sprint narrows 4Q loss on revenue boost

The Overland Park, Kansas-based company reported a net loss of $283 million, or seven cents per share, compared to a loss of $554 million, or 14 cents per share, the year prior. Looking ahead, Sprint expects fiscal 2017 revenue in the range of $10.7 billion to $11.2 billion, with operating income ranging from $2 billion to $2.5 billion.

Business

U.S. spy satellite launched into space by Elon Musk's SpaceX

NROL-76, the designation for the classified satellite launch, was SpaceX's first dedicated mission for the military. "I can tell you that everyone of our launches, everyone of our payloads we put up in space brings new, incredible technology, new capabilities to our warfighters, our policy makers, all of it helps keep us safe as a nation", said Karen Furgerson, of the NRO.

Business

US Senate confirms Trump's pick for SEC Chairman

In a 61-37 vote, the Senate approved the nomination, with some moderate Democrats joining their Republican colleagues in supporting his confirmation. As chairman of the SEC, Clayton will police numerous same large banks that he has spent decades representing, including Goldman Sachs and Barclays.

Business

Georgia Ranks Fifth In Drinking Water Violation Study

According to the authors of the report , "There are untold numbers of unregulated contaminants in drinking water that pose health risks". The study also found the Environmental Protection Agency did not take enforcement action on roughly nine out of 10 violations nationwide, and NRDC calls on the agency to strengthen its rules.

Business

U.S. under Trump Series Lumber crash between Trudeau and Trump

Discussions on renegotiating NAFTA would begin only after that, Freeland said. "Politeness is something we believe is a national virtue, but it's not an accident that hockey is our national sport", Freeland noted. Trudeau and Trump spoke about the issues by phone. Some softwood lumber companies could begin issuing layoff notices as early as next week as the fallout from the new import tariffs slapped onto Canadian softwood by the US government start kicking in.

Business

Plagiarism or a 'wink'? Le Pen's copied speech targets right

Cedric Villani , a high-profile mathematician and commentator wrote in the left-wing Liberation newspaper Tuesday that abstaining " is the equivalent of giving half of one's vote to Marine Le Pen in the most important election that France has had for several decades ".

Business

Blasts, smoke in heart of Toronto financial district

Ms. Gass says some adjacent buildings will lose power until the end of the incident. Firefighters are still working to secure the area and hydro crews had to evacuate, delaying the fix work. Carbon dioxide tanks were rushed to the scene to control the fire. “It all leads up to one of these fires.”. The underground PATH system had to evacuated as well as the building adjacent to the explosions.

Business

Hollywood writers, studios keep talking past strike deadline

The two sides announced a tentative, three-year deal after a long day of negotiations and a little over an hour after the expiration of the previous agreement. Had strike action taken place today, it would have immediately shut down late-night talk shows and satirical series like Saturday Night Live , programmes which require daily writing schedules.

Business

Bitcoin soars above $1400 to all-time high

SBI Holdings has set up SBI Virtual Currencies, an exchange between the yen and cryptocurrencies like bitcoin and that of the Ethereum platform. Legalization of Bitcoin in Japan was supported by the major retailers of the country including consumer electronics giant Bic Camera, which began accepting bitcoins nearly as soon as the new law was implemented.

Business

Inmate dehydration death erupts into United States scandal

Thomas died on April 24, 2016, but it took a year before an independent jury examined the circumstances of his final days. Jurors recommended charges for abuse of a resident of a penal facility . Jails that reported at least one death that year had an average of 363 inmates, according to the report , while jails with two or more deaths had an average of 1,683 inmates.

Business

Education secretary to speak at historically black school

In a press release , school president Edison O. Jackson said DeVos is similar to school founder Mary McLeod Bethune in that she knows the importance of opportunity and has a similar mission to empower parents and students. Bethune-Cookman University doesn't need a photo-op from the Trump Administration, we need action done by this administration for all HBCUs. "They don't want her coming here".

Business

CMS Energy reports $199 million first-quarter net income

The company presently has an average rating of Hold and a consensus target price of $46.44. On average, equities analysts predict that CMS Energy Co. In the trailing 12 months period, return on assets ratio of the Company was 2.70% and return on equity ratio was 13.10% while its return on investment ratio was 7.20%.


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