Money

Author: 0 Oil edges up towards data on reserves and production in US

Distillate inventories fell this week by 1.451 million barrels, while inventories at the Cushing, Oklahoma, site fell by 833,000 barrels after last week's dip of 1.56 million barrels. Lower crude oil prices impact oil and gas producers' profitability. The Standard & Poors Energy Sector Index showed a 2.1 drop, overall, with shares of Exxon Mobil falling by 1.4 percent, to hit $81.83; Chevron also fell by almost 2 percent, to hit $106.18.

Author: 0 Shale oil boom to hurt OPEC well into 2018

Both crude oil benchmarks have lost all the gains made at the end of previous year after the oil cartel agreed with other big producers to cut output in an effort to prop up prices. Saudi Arabia's oil exports are expected to fall below 7 million barrels per day this summer, according to industry sources familiar with the matter, and Russian oil exports were seen as broadly flat in the third quarter.

Author: 0 Michelle Carter, Who Texted Her Boyfriend To Kill Himself, Is Found Guilty

The judge ordered she be released to her parents pending sentencing but did order Carter not to use electronics to contact people and any social media of any type. As prosecutors attempted to prove, Carter engaged in a sustained campaign to cause Roy's death , including repeatedly urging him to kill himself, and outlining exactly how he could do it.

Author: 0 Britain eyes Brexit deal 'like no other in history'

A spokesman for Britain's Brexit department said: "As we set out in the Article 50 letter, our view is that withdrawal agreement and terms of the future relationship must be agreed alongside each other". The Brexit secretary's comments come as formal negotiations between the United Kingdom and the European Union are set to commence, and shortly after European Union leaders such as French president Emmanuel Macron have attempted to encourage Remain campaign diehards by saying "the door is ...

Author: 0 Trump is considering firing special counsel Mueller, friend says

Former FBI Director James Comey is sworn in during a Senate Intelligence Committee hearing on Capitol Hill, Thursday, June 8, 2017, in Washington. Graham also asked him if it would be a disqualifier to have worked for Hillary Clinton, who ran against President Donald Trump in the election and was a subject of a separate Justice Department investigation into her email practices.

Money Whole Foods Markets to be Acquired by Amazon
Author: 0 Whole Foods Markets to be Acquired by Amazon

Moody's lead retail analyst Charlie O'Shea said the deal could be "transformative, not just for food retail, but for retail in general". June 16 A decision by Goldman Sachs Group Inc previous year to move an investment banking veteran to Seattle , as well as Evercore Partners Inc's hiring of a top banker defending companies against activist investors, has paid off handsomely.

Money Uber appointed a Nestle executive to be an independent board member
Author: 0 Uber appointed a Nestle executive to be an independent board member

Kalanick has been at the center of Uber's roiling harassment scandal with reports from former employees alleging the company's culture and tone was set from the top. His resignation would add to a long line of Uber executives and staff exiting the company during what's been a period of seemingly never-ending turmoil.

Author: 0 US Fed raises a key rate, signals third hike later

Cashin spoke one day after Fed policymakers approved a 0.25 percentage point hike, the second increase of 2017 and the highest in nine years. USA jobless claims were slightly lower than expected at 237,000 in the latest week from 245,000 previously while there was a sharp increase in the New York Empire index to 19.8 for June from -1.0 in May.

Author: 0 Japan Has Y203.367 Billion Trade Deficit In May

In May, Japan often posts a deficit due to a stretch of holidays that limits exports, a finance ministry official said. The deficit came as a surprise after recent data showed Japan's economy was picking up steam with exports growing on the back of a global economic recovery.

Author: 0 DC And Maryland Hit Trump With Lawsuit Over His Business Ties

I don't think it's going to lead to anything significant, and I - and remember, even the discovery process which, is you know, where they might get the tax returns, that's only going to take place after the administration moves to dismiss the lawsuit just on standing grounds, on the grounds that it doesn't state a claim for which relief can be granted.

Author: 0 Britain to Hold Rare Two-Year Parliament Session Over Brexit

He said: "The key thing is we have a clear agenda". For many Brexit advocates, those conditions would be impossible to accept as last year's referendum campaign focused on getting back control over laws and immigration from the EU . "If the government cannot even secure a deal with the DUP, how on earth can they get a deal with the European Union?" asked MP Alistair Carmichael.

Author: 0 Trump wants apprenticeships in all high schools

Additionally, critics argue Trump's executive order will likely not have adequate funding to succeed because the president has already pushed for slashing federal job training funding in half. It should help fill numerous almost six million jobs that now are open, including 350,000 in manufacturing, Mr. Trump said. "The goals of this program will be met with the broader Apprenticeship program", the budget notes.

Money Casino assailant motivated by gambling debts, not terrorism
Author: 0 Casino assailant motivated by gambling debts, not terrorism

The suspect, Jessie Carlos, a 43-year-old father-of-three, had a gambling problem and was dismissed from the Department of Finance in 2014 for failing to accurately disclose his assets and liabilities, said Director Oscar Albayalde , chief of the Manila police force.

Author: 0 German minister sees hope of 'soft' Brexit, with conditions

Before the election, May proposed a clean break from the European Union: leaving its single market, which enshrines free movement of people, goods, services and capital, and proposing limits on immigration and a bespoke customs deal with the EU.

Author: 0 RPC Group PLC 60.8% Potential Upside Indicated by JP Morgan Cazenove

Over the last quarter, insiders bought 76,369 shares of company stock valued at $13,474,809. Du Pont E I De Nemours now has $70.64 billion valuation. Shares of Puretech Health PLC (PRTC) traded up 0.86% during midday trading on Wednesday, hitting GBX 117.00.

Author: 0 London protesters demand answers over fire tragedy

The building had been home to a diverse group of residents, many of them from Sudan, Eritrea and Syria. Some people then left the building though others remained inside. They would wear high-visibility clothing so that they could easily be found, dispense advice and ensure the right support was provided, she added. "My government will do whatever it takes to help those affected, get justice and keep our people safe", she said.

Money Mamata Banerjee trying to divert our movement: GJM chief
Author: 0 Mamata Banerjee trying to divert our movement: GJM chief

Giri said hundreds of people took to the streets of Darjeeling on Sunday for a silent protest against "police atrocities". "We have come to know from the police that there is a link with terrorists". GJM activists had even torched several police vehicles. "But with the state, the condition would be that they withdraw all forces and allow normalcy to return and let the Centre initiate a dialogue process", Rai said.

Author: 0 Gold Plunges To 7-Month Low On Robust US Supplies

US inventories fell less than forecast last week, keeping supplies more than 100 MMbbl above the five-year average, according to data from the EIA on Wednesday. Oil fell yesterday after reports showed global supply was rising and United States crude inventories were still increasing, raising concerns the market could stay oversupplied for longer than expected.

Money Deputy AG: No Plans to Fire Special Counsel Robert Mueller
Author: 0 Deputy AG: No Plans to Fire Special Counsel Robert Mueller

Deputy Attorney General Rod Rosenstein said he has seen no reason to fire the special prosecutor investigating the Trump campaign's ties to Russian Federation. This seems fairly straightforward as a statutory matter - the power to appoint a special counsel rests exclusively with the attorney general. Mueller was the Federal Bureau of Investigation director from 2001 to 2013.

Money Across the USA, counter-protests are planned as Anti-Sharia marches
Author: 0 Across the USA, counter-protests are planned as Anti-Sharia marches

In a park near NY courthouse, counter-protesters used air-horns and banged pots and pans to silence an anti-Sharia rally. According to Reuters , there was a heavy police presence at the Pennsylvania state capitol in Harrisburg, as barricades and police mounted on horses separated two groups of approximately 60 protesters.

Author: 0 GE names John Flannery chief executive

The latest appointments are the result of a succession plan that has been run by the GE Board of Directors since 2011, the company noted. Flannery, who handed over Indian operations to Banmali Agrawala , had brought about major changes in India by building a strong local team for the market, where GE has been for more than a century.

Money Global shares fall on Fed rate hike, United Kingdom rate outlook
Author: 0 Global shares fall on Fed rate hike, United Kingdom rate outlook

ANALYST VIEWPOINT: "Against the backdrop of mixed economic performances, Fed Chair Yellen had unexpectedly stuck to a more optimistic view on economic conditions", Jingyi Pan of IG said in a commentary. As interest rates rise, this is a good time to reduce credit card debt or move it to a lower-rate balance transfer card . Consequently, given the weak economic and inflation data points, observers are questioning whether or not the Fed can maintain its current level of monetary ...

Money Brexit minister Davis:
Author: 0 Brexit minister Davis: "No doubt" over Britain leaving EU

Commission president Jean-Claude Juncker was said to have reacted with incredulity at a suggestion by Theresa May when they met for dinner in Downing Street in April that an agreement could be wrapped up at the next European Union summit in Brussels at the end of June.

Author: 0 Microsoft won't be making any money on the Xbox One X

The Xbox One X also has a superior optical drive, as the new unit comes equipped with a 4K/HDR capable Blu-ray drive, compared to the PlayStation 4 Pro which comes with an older Blu-ray/DVD drive. The company did announce "Sea of Thieves", "Crackdown 3", "State of Decay 2" and "Forza Motorsport 7", but all of those were already known about prior to E3 2017.

Money Pence lawyers up in expanding Russian Federation probe
Author: 0 Pence lawyers up in expanding Russian Federation probe

Pence has chosen Richmond, Virginia-based attorney Richard Cullen , who is a chairman at McGuire Woods and who previously served as a US attorney. His attorney said that Pence's office directed him to "make certain that whatever method [of payment] is used is compliant with all federal law and regulation".

Author: 0 Workspace Group plc's (WKP) "Buy" Rating Reiterated at Liberum Capital

The stock decreased 0.07% or GBX 1.16 on June 16, reaching GBX 1759.84. Numis Securities Ltd reissued a "buy" rating and issued a GBX 340 ($4.30) price objective on shares of Wincanton plc in a research report on Tuesday, May 9th. If you are accessing this piece on another website, it was illegally stolen and republished in violation of worldwide trademark & copyright laws. If you are accessing this piece on another website, it was illegally copied and reposted in violation of United States & ...

Money UAE says it's committed to Gulf air embargo against Qatar
Author: 0 UAE says it's committed to Gulf air embargo against Qatar

South Africa today called for a peaceful resolution of the Gulf crisis through dialogue, offering its support to the mediation process between Qatar and Saudi Arabia and its allies. Bahrain, the Maldives, and Egypt recently broke off ties with Qatar, accusing Doha of supporting terrorism, an accusation that the Qatari government denies.

Author: 0 With Whole Foods, Amazon on collision course with Wal-Mart

The two deals make it clear that the lines that divided traditional retail from e-commerce are disappearing and sector dominance will no longer be bound by e-commerce or brick-and-mortar, but by who is better at both. JPMorgan analyst Doug Anmuth believes that the buyout would allow Amazon to be more innovative in delivering the customer buying experience in Whole Foods stores.

Money US Lawmaker Steve Scalise Showing Improvement After Baseball Field Shooting
Author: 0 US Lawmaker Steve Scalise Showing Improvement After Baseball Field Shooting

Scalise, the No. 3 House Republican , sustained injuries to internal organs, broken bones and severe bleeding after being shot in his left hip on Wednesday morning on a baseball field in a Washington , D.C., suburb. The surgeon said there were hundreds of bullet fragments in Mr Scalise's body, but "we have no intention to try and remove all the bullet fragments at this point".

Author: 0 Verizon completes acquisition of Yahoo as Mayer quits

According to Verizon , the reason Mayer left had to do with the "inherent changes" to her role. Although she failed to reinvent Yahoo for success in the mobile era, she was well compensated for her five years leading the company, earning an average of $1 million a week as Yahoo's share price more than tripled and the value of its Asian investments soared.

Author: 0 Stock Jumping Abnormally High: Walgreens Boots Alliance, Inc. (WBA)

It was acquired by Walgreens Boots Alliance in July 2015 for an undisclosed sum. Credit Suisse maintained Walgreens Boots Alliance Inc (NASDAQ:WBA) on Thursday, September 1 with "Outperform" rating. The company's Market capitalization is $89.58 Billion with the total Outstanding Shares of 1.08 Billion. 09/16/2016 - Walgreens Boots Alliance, Inc.

Money Domestic fuel prices expected to fall next week
Author: 0 Domestic fuel prices expected to fall next week

The EIA (U.S. Energy Information Administration) will release its weekly crude oil inventory report on June 1, 2017, at 11:00 AM EST. Analysts believed that stocks fell less - 2.517 million barrels, or 0.48 percent - to 513.783 million barrels.

Money DC, Maryland Officials Promise 'Major Lawsuit' Against Trump
Author: 0 DC, Maryland Officials Promise 'Major Lawsuit' Against Trump

The Attorneys General filed suit in the U.S. District Court for the District of Maryland . "There have been many presidents before him". "But the most salient factor is that when the president is subject to foreign influence, we have to be concerned about whether the actions he's taking - both at home and overseas - are the result of payments that he is receiving at the Trump Hotel and other businesses", Frosh said .

Money Brexit talks start on Monday 19 June
Author: 0 Brexit talks start on Monday 19 June

She will not take part in day-to-day negotiations but is expected to set Britain's approach and have the final say on any compromises or concessions. The EU insists that phase one of talks will focus only on the terms of withdrawal, and not on a future trade relationship.

Author: 0 GST to rollout on July 1, return deadline relaxed by 2 months

Jaitley said "State-run lotteries will be taxed at 12 per cent and private lotteries will be taxed at 28 per cent". Jaitley, speaking after a meeting of a GST coordination panel, said there would be "a slight relaxation of time" covering July and August before the strict GST filing timetable would apply from September, Reuters reported.

Author: 0 Gun salute for Lashkar-e-Taiba terrorists killed in south Kashmir

The dead bodies were identified as Nasir Wani and Aadil Mushtaq Mir. "He was involved in killing of police Constable at Bogund, Kulgam on 15th of this month". The terrorists, after the ambush was over, got into the police vehicle and sprayed bullets at the bodies from point blank range to disfigure them. Defence Minister Arun Jaitley said Saturday that the killing of six policemen in a militant ambush in Kashmir was an act of "cowardice".

Money GST council relaxes return filing timelines, says Arun Jaitley
Author: 0 GST council relaxes return filing timelines, says Arun Jaitley

According to a report in the Economic Times, GST council also approved the anti-profiteering rule. The Council has already finalised tax rates on nearly all goods and services in the bracket of 5, 12, 18 and 28 per cent. Industry chamber Assocham on Saturday demanded postponing GST implementation, saying that taxpayers will find it hard to comply with the provisions of the new indirect tax regime as the IT network is not yet ready.

Money U.S. grocery stocks fall as Amazon becomes more powerful
Author: 0 U.S. grocery stocks fall as Amazon becomes more powerful

Consumers could also see more Whole Foods stores thanks to Amazon's financial might. At least one customer was concerned that an Amazon purchase would further distance Whole Foods from its roots as a purveyor of premium, organic and specialty foods.

Author: 0 Economy Boost, Airport Deal: What Northern Ireland Unionists Get From London

Foster and Prime Minister Theresa May may work together after Tories failed to win an overall majority in the UK General Election . A deal between the government and the Democratic Unionist party will be delayed because of the calamitous fire that has engulfed a tower block in west London .

Author: 0 Brexit talks with European Commission to begin on Monday

Hammond said Britain's position had been set out in a speech made by Prime Minister Theresa May in January and her Article 50 exit letter sent in March. "But the withdrawal and future are intimately linked". During the complex talks, the two sides will also have to negotiate a new customs and trade regime between the single market and the UK.

Author: 0 US Navy: Bodies of Missing Sailors Found Inside Damaged Destroyer

They were transferred to a US naval hospital for identification, it said."The families are being notified and being provided the support they need during this hard time", it said.The Fitzgerald collided with the merchant vessel more than three times its size some 56 nautical miles southwest of Yokosuka early on Saturday.Three people were medically evacuated to the US Naval Hospital in Yokosuka after the collision, including the ship's commanding officer, Commander Bryce Benson, who was ...

Author: 0 Energy Transfer Partners LP

The 200 SMA is considered so critically important a trend indicator that the event of the 50-day SMA crossing to the downside of the 200-day SMA is referred to as a death cross, signaling a serious bear market in a stock, index or other investment.

Money Clinton Group Inc. Raises Position in Zynga Inc. (ZNGA)
Author: 0 Clinton Group Inc. Raises Position in Zynga Inc. (ZNGA)

Finally, Wedbush reiterated an "outperform" rating on shares of Zynga in a research note on Friday, May 19th. In terms of Buy, Sell or Hold recommendations, Zynga Inc Cl A Cmn (NASDAQ: ZNGA ) has analysts' mean recommendation of 2.4. The original version of this article can be accessed at https://sportsperspectives.com/2017/06/17/zyngas-znga-buy-rating-reiterated-at-jefferies-group-llc-updated-updated-updated.html.

Author: 0 Meet GE's New CEO, aka 'Mr. Fix

Flannery, who handed over Indian operations to Banmali Agrawala , had brought about major changes in India by building a strong local team for the market, where GE has been for more than a century. In 1997, he moved to Argentina where he led GE's Equity business in Latin America and the overall GE Capital business for Argentina and Chile. The headquarters is expected to be completed in 2018, meaning Immelt won't be with the company when the final product is unveiled.

Author: 0 Latest Stocks: Imperial Brands PLC (IMB) Earns Buy Rating from Whitman Howard

Peel Hunt increased their target price on Shawbrook Group PLC from GBX 330 ($4.24) to GBX 340 ($4.37) and gave the stock a "hold" rating in a report on Monday. The stock of Rank Group PLC (LON:RNK) earned "Add" rating by Peel Hunt on Thursday, May 12. The business also recently announced a dividend, which will be paid on Friday, September 29th.

Author: 0 United Kingdom plans to offer "very generous" terms for European Union citizens after Brexit

Since the general election, there has been growing pressure on May to moderate the government s approach and favour maintaining close ties with the European single market at the expense of controlling immigration. "But time is running short and the parties must come together by the 29 June for the return of a strong voice at Stormont and for a brighter future for everyone in Northern Ireland".

Money Rand Paul says GOP is sneaking new entitlements into Trumpcare
Author: 0 Rand Paul says GOP is sneaking new entitlements into Trumpcare

Health and Human Services Secretary Tom Price Thursday refused to say if he agreed with President Donald Trump's claim that the Republican-authored House health care bill passed last month was " mean ". As they draft legislation to repeal the Affordable Care Act, Senate Republican leaders are aiming to transform large sections of the US health care system without a single hearing on their bill and without a formal, open drafting session.

Money Divided Puerto Ricans vote on whether to become USA state
Author: 0 Divided Puerto Ricans vote on whether to become USA state

It has its own governor and legislative body and it became a U.S. commonwealth territory with its own constitution in 1952. Statehood would allow Puerto Rico greater access to federal resources. Almost half a million votes were cast for statehood, about 7,600 for free association/independence and almost 6,700 for the current territorial status, according to preliminary results.

Author: 0 A New Verizon Acquisition Means Its Empire Just Got Bigger

Yahoo CEO Marissa Mayer will leave as a result of the acquisition , though she said she was "brimming with nostalgia, gratitude, and optimism ". Marissa Mayer, who had been the CEO of Yahoo and received a $23 million golden parachute from the company, has resigned.