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Clinton, Obama surprise at Women in Film awards ceremony

Nothing about her looks like me except perhaps the colour of her hair. Studios have created timelines to plot out the next great super hero movie. While filmmaking has remained a male-dominated profession, the success of " Wonder Woman " has seemingly changed that, and rightfully so.

Business

27-story tower engulfed in London; officials fear collapse

London-based Australian Jody Martin has detailed horrific scenes at the Grenfell Tower in West London , which is still smouldering more than 24 hours after firefighters arrived at the scene. Residents and campaigners in the London neighborhood where a tower block went up in a giant blaze on Wednesday spoke angrily about longstanding safety concerns, saying they were ignored because the community was not rich.

Business

Samsung Galaxy J7 Max smartphone

In the case of the Galaxy Note 8 , however, our biggest question pertains to the back of the phone. The Galaxy J7 Max , powered by a 1.6 GHz Octa-core processor , a 3,300mAH battery and 4GB of RAM makes every multi-task seamless. However, it does not support tap-and-pay using credit and debit cards like the main app. "To address that concern, we thought of coming out with a solution which is the Samsung Pay Mini version", said Asim Warsi, senior vice president, mobile business, Samsung ...

Business

Fed Raises Key Interest Rate For 4th Time Since 2015

The Nasdaq Composite closed at 6,194.89 for a loss of 25.48 points or 0.41%. When determining whether or not to raise rates, the Fed closely watches inflation and the jobs report. Minneapolis Fed President Neel Kashkari dissented in Wednesday's decision. In addition to the rate hikes, the Fed said that later this year it will begin reducing the holdings in its $4.5 trillion balance sheet bond portfolio .

Business

US retail sales slide 0.3 percent, biggest drop in 16 months

The reversal last month unwound much of the strength in April when sales jumped 0.4%. Retail sales accounted for $473.8 billion in May. Department store sales are being undercut by online retailers, led by Amazon.com, which has led some retailers, including Macy's, Sears and Abercrombie & Fitch to announce shop closures.

Business

Intercede Group plc (IGP) Stock Rating Reaffirmed by FinnCap

Curtis Banks Group PLC (LON:CBP) insider Louis Jules Hydleman bought 18,000 shares of the stock in a transaction dated Thursday, May 25th. It has underperformed by 16.70% the S&P500. It has a 9.93 P/E ratio. The Company's solutions help business to consumer (B2C) businesses to operationalize digital customer engagement strategies.

Business

Lady Brexit meets Monsieur Europe: May, Macron to have talks

However, in Brussels, it was reported that the British delegation was unable to say on what date it wanted the talks to start, when asked to do so by Michael Barnier, the European Commission's chief Brexit negotiator. After the terrorist attack that killed seven people in London on June 3, May accused USA tech companies of not having done enough to weed out extremists in cyberspace.

Business

Medical Properties Trust, Inc. (MPW) Position Held by Tekla Capital Management LLC

Bancorp Of America De holds 0.01% or 1.91M shares in its portfolio. Kalmar Investments Inc De owns 695,976 shares or 3.04% of their USA portfolio. Federated Invsts Pa holds 0% or 133,588 shares in its portfolio. Therefore 45% are positive. Royal Bank of Canada lowered shares of Senior Housing Properties Trust from an "outperform" rating to a "sector perform" rating and lowered their price target for the company from $24.00 to $22.00 in a research report on Monday, May 15th.

Business

British inflation rate rises to 4-year high of 2.9 pct

Last month, rental costs increased 0.3 percent, matching April's gain. The expected inflation rate was 1.7 percent. The ONS said one of the main drivers for inflation in May was the increased cost of package holidays overseas for British tourists who have to pay more for their euros and dollars.

Business

Britain's Conservative Party Loses Majority; May Faces Calls to Resign

Britain has been plunged into political chaos after a shock result in Thursday's general election that saw the ruling Conservative Party's majority wiped out. Labour picked up 29 seats and the Tories were on course to lose 13 seats. Even though Mrs May has managed to hang on to her job after the severe battering at the polls, the question is: for how long more? In the big book of political blunders, Theresa May's decision to hold a snap election to solidify her Brexit mandate ...

Business

KFC to send chicken sandwich to edge of space on balloon

The company approached World View Enterprises in order to make the launch happen. The stratollites can also prove to be very beneficial for future astronomical research and serve as long-term observational platforms. The stratollites gadgets might soon be used as a method to observe and monitor environmental disasters , deliver Wi-Fi in remote areas of the country, or other amenities yet to be mentioned, per World View representatives.

Business

London fire: British government faces calls for review

Rescue services, giving an early toll, said 30 people had been hospitalised, and eyewitnesses said they had seen others fall or jump from the stricken building. The tower, built in 1974, contains 120 apartments, according to its management company, Kensington and Chelsea Tenant Management Organisation. "That will then move into recovery phase and then we will move into a phase where we seek to answer the questions that people quite understandably have, so we really understand what happened ...

Business

Dixons Carphone (LON:DC) New Price Targets

Liberum Capital reaffirmed a sell rating and issued a GBX 1,176 ($15.20) price target on shares of Hargreaves Lansdown PLC in a research note on Thursday, January 26th. The firm has "Buy" rating given on Tuesday, January 3 by Beaufort Securities. The stock has "Underweight" rating by Barclays Capital on Thursday, October 20.

Business

British inflation rate rises to 4-year high as Brexit bites

CPIH, the ONS's preferred new measure of inflation as it includes owner-occupiers' housing costs, rose by a slightly higher than expected 0.3% month-on-month but remained at 2.6% compared to the same month past year, as expected. Economists believe the Bank, which announces its latest interest rates decision on Thursday, will keep the cost of borrowing on hold for some time despite surging inflation, as it looks to support the economy through Brexit uncertainty.

Business

Stocks slide as investors seek safety after weak sales data

Federal Reserve on a possible interest rate hike. Meanwhile, some companies were under the spotlight on individual news. Bank shares were among losers, with Sumitomo Mitsui falling 0.88 percent to 4,245 yen and rival Mitsubishi UFJ declining 0.64 percent to 729.3 yen.

Business

Inglewood will vote on a new arena for Clippers

According to Brad Turner of the Los Angeles Times , the Clippers are expected to announce on Thursday their plans to build a new arena in Inglewood. The Clippers have a long-term lease with the Staples Center, and Vincent Bonsignore of the O.C. Register writes that "if all goes according to plan, [the Clippers] could be looking at an opening in time for 2022/23 season".

Business

OppenheimerFunds Inc. Buys 583831 Shares of Summit Midstream Partners, LP (SMLP)

Note the stock price at publication ($19.97), since the technical rating is based on intraday stock prices. Over the last twelve months, Summit Midstream Partners, LP (NYSE: SMLP)'s stock has been 7.48%. Tru Of Vermont invested in 240 shares or 0% of the stock. Alps Advisors Inc. increased its stake in shares of Antero Midstream Partners by 2.3% in the third quarter.

Business

Were Analysts Bullish Arrow Global Group PLC (LON:ARW) This Week?

Nationwide Fund Advsrs accumulated 687,375 shares or 0.13% of the stock. Parallax Volatility Advisers Ltd Partnership reported 44,887 shares or 0% of all its holdings. The rating was maintained by Barclays Capital with "Equal Weight" on Tuesday, August 18. Numis Securities maintained the stock with "Buy" rating in Thursday, August 27 report.

Business

Jeff Sessions: I Did Not Recuse Myself From Defending My Honor

There's no evidence Jeff Sessions , the attorney general and former Alabama senator, colluded with Russian officials to sway the election toward Donald Trump . Donald Trump didn't request that meeting as president-elect, Jim Comey did. Sessions said he met twice with Russian Ambassador Sergey Kislyak , once at last year's Republican National Convention and later in his Senate office, but neither time about Trump's campaign, but rather in his capacity as a US senator at the time ...

Business

Dollar nurses losses as Trump investigation report, weak US data overshadow Fed

The Fed also announced it plans to start gradually paring back its $4.5 trillion in financial securities, most of which it bought after the global financial crisis. "It signals investors think there's some credibility of the Fed doing another hike this year and possibly one, two or maybe more in the next year or two".

Business

Markets show little reaction to rate increase

The Federal Open Market Committee (FOMC) voted to raise short-term interest rates for only the third time since the financial crisis at the conclusion of its June 13-14 meeting, as expected. The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation.

Business

Gunman who shot congressman had history of anti-GOP activity

He thought about asking a staffer about the man but never did, he said. "And let me be as clear as I can be". The report indicated police arrived at 4561 Frank Scott Parkway West in Belleville where they found Hodgkinson with a "high-powered weapon" and a valid IL firearms license.

Business

Shooting at GOP event: Rep Steve Scalise, aide shot in Virginia

Capitol police officer David Bailey was also wounded in the attack, as well as congressional staffer Zack Barth and lobbyist Matt Mika . "It's OK", a reporter told him. "Whether it is a so-called comedian holding up the president's head in blood , or it's right here in New York City a play that shows the president being assassinated , or it's Democratic leading national politicians who are so angry they have to use vulgarity ", he lamented.

Business

Weak US retail sales, consumer prices put spotlight on Fed

Britain's basic wages are rapidly falling behind the rate of inflation, as real pay declined for the second consecutive month, while wages increased at the slowest pace in two years. The euro EUR= rose to its highest since November 9 against the dollar, hitting $1.1295. The Federal Reserve was expected to boost a key interest rate later Wednesday.

Business

Federal Reserve raises interest rate by quarter point

With rates on the rise, the Fed has said that it will soon begin to dismantle the last part of its post-crisis economic stimulus campaign by reducing its portfolio of more than $4 trillion in Treasuries and mortgage-backed securities. The 10-year Treasury note yield trimmed a drop by three basis points and the dollar cut its losses in half. The first rate hike has already been enacted, and a second appears to be in the cards for the committee's next meeting on June 13-14.

Business

Robert Holmes Swan Acquires 13888 Shares of Intel Corporation (INTC) Stock

Intel Corp now has $168.01B valuation. Additionally, Intel Corporation (INTC ) stock price has gone up by 0.99% over the last 20 trading days, and its price is -6.68% below the 52-week high. portfolio. Summit Group Limited Liability Company reported 0.1% stake. Mutual of Omaha Bank Wealth Management's holdings in Intel Corporation were worth $2,943,000 as of its most recent SEC filing.

Business

Londoners help fire survivors with food, clothes

Expressing his heartfelt sympathy to those who have been affected by the tragedy in London , UUP MLA Andy Allen said: "With a number of tower blocks in Belfast recently refurbished or now undergoing refurbishment, I have contacted the Northern Ireland Housing Executive so people can be assured that any materials used for the cladding, insulation and general renovation of tower blocks do not present a fire hazard".

Business

Steve Merczynski: US Attorney General denies meeting with Russian ambassador

In his opening statement , he tried to provide context for something he said in his confirmation hearing. On Tuesday, Sessions gave a different account of this conversation, insisting that he had spoken up and said that yes, it was important the Federal Bureau of Investigation and the Department of Justice follow guidelines in this matter.

Business

Consumer Price Inflation for May records a decline

The increase in the cost of living remains above the Bank of England's 2 per cent target, and is likely to raise pressure on the Bank's Monetary Policy Committee (MPC) to consider hiking interest rates beyond 0.25 per cent when it meets later this week.

Business

Stocks fall, dollar pares losses after Fed decision

USA short-term interest rate futures pared earlier gains after the Fed's hike. "The labor market has continued to strengthen and that economic activity has been rising moderately so far this year". They forecast US economic growth of 2.2 percent in 2017, an increase from the previous projection in March. Five Fed officials projected raising rates three or more times this year.

Business

EPL Opening Day: By the numbers

Everton and Leicester appear to have very hard starts to the 2017/18 Premier League season. The return fixture at Goodison Park is scheduled for April 7. Chelsea travel to Newcastle on the final day of the season, and the Magpies have form in making things hard for the Blues. Mauricio Pochettino's men struggled at the national stadium in European competition last season, winning just one of their four games, also losing there to Antonio Conte's men in the FA Cup semi-final.

Business

Fed raises key rate and unveils plan to reduce bond holdings

They tend to raise their savings interest rate in much closer timing with the federal funds rate . As long as the economy "evolves broadly as expected ", the plan "would gradually reduce the Federal Reserve's securities holdings". The Fed still foresees prices, as measured by a gauge tied to consumer spending, rising 2 percent in 2018 and 2019, achieving its target. The decision to hike rates was contingent on whether improvement had been made toward the central bank's two objectives, ...

Business

Fed Raises Key Interest Rate For The Fourth Time Since 2015

The Federal Reserve is expected by most to slightly raise US interest rates . The initial cap will be set at $10 billion a month: $6 billion from Treasuries and $4 billion from mortgage-backed securities. Uncertain about how much slack there is in the economy or the labour market, FOCM members are inclined to want to "normalise" rates while they have the chance, but they seem very pragmatic about the longer-term outlook.

Business

Steve Scalise, US Republican, Injured In A Shooting During Baseball Practice

Our thoughts and prayers are with him ". Representative Pearce also said that he and other Republicans were at their normal, early morning practice, preparing for the annual Congressional baseball game , which is a bipartisan event for charity.

Business

Fed's Yellen: Inflation Decline Driven By One-Off Factors

The decision by the Federal Open Market Committee ( FOMC ) today to raise interest rates for the third time in six months is a clear mistake, even judged against the Fed's too-conservative 2 percent inflation target. The broad-based S&P 500 was down a hair at 2,439.74, while the tech-rich Nasdaq Composite Index dipped 0.1 per cent to 6,216.47. The vote was 8-1, with Minneapolis Fed President Neel Kashkari dissenting from a rate increase for the second time this year, preferring no ...


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