Archive | Money

UK inflation reaches 2.3%, shooting past Bank of England target

Calum Bennie, savings specialist at Scottish Friendly, said: "If proof was needed that a squeeze is underway, this is it". The additional upward...

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Fed on track to raise US rates twice more this year: Evans

There are central bank policy decisions in New Zealand, Philippines and Sri Lanka. The common currency is now trading at $1.4331 Canadian. Mea...

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European banks launder millions from Russian Federation

The Guardian claims that Russian criminals processed almost $740 million through United Kingdom high street banks in a 'Global Laundromat' op...

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Ivanka Trump brand sued for 'unfair' competition

She keeps showing up at meetings with other world leaders like Angela Merkel and Justin Trudeau, so they aren't exactly trying to keep her inv...

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Trump budget: Meals on Wheels cutback prompts backlash

Jenny Bertolette, a spokeswoman for Meals on Wheels, said the group gets about 35 percent of its funding through the Older Americans Act , wi...

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US Oil Production Is Soaring Again

While the compliance to output cuts has been almost 100 per cent from the Opec side, relative non-compliance of Non-Opec coupled with steadily c...

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USA banker David Rockefeller dies at 101

Seitel. He was named president and co-CEO on January 1, 1961, eventually becoming sole CEO and chairman from 1969 through 1980. The bank lat...

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Authorities assessing whether Brazilian rotten meat reached Denmark

Brazilian President Michel Temer is scheduled to meet Sunday with agricultural authorities to address the contaminated meat scandal affecting ...

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What Can I Take On A Plane? Royal Jordanian Bans Most Electronics

The Guardian reported that the the U.S. Transportation Security Administration, which oversees security at airports, distributed a confidential...

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Not worth the trade-off? G20 wavers in its stance against protectionism

Members struggled to sway the US administration from their hard line stance on free-trade as US Treasury Secretary, Steven Mnuchin could not be ...

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Penney store closing: Houghton 1 of 138 shuttered

JCPenney will provide outplacement support services for eligible associates who will be leaving the company, according to the retailer. J.C. P...

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Kremlin receives no official charges against FSB over Yahoo hacker attack

They just don't say it; they have proof along with them. This occurred when those people gave a Gmail account as an option email to Yahoo! . He...

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Newspapers welcome George Osborne to the trade with words of warning

It's a role that sits at odds with editing the newspaper whose city pages are hugely sensitive at the heart of Europe's financial capital. Once ...

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No Stay on Jio Free Offer,Telecom Tribunal TDSAT Asks TRAI For Re-Examination

Reliance Jio is offering 1GB of 4G data per day and unlimited calling to all network for free till March 31. However, it should be noted that ...

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Oil Prices Rally on Report of Drop in US Inventory

Investors had widely expected the rate increase. "There was none of that in the statement", John Canally, investment strategist and economist at...

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McDonald's hacked: tweet calls for Obama's return and denigrates 'tiny hands' Trump

One hour after the tweet was sent, @ McDonaldsCorp said the account is now secure and an investigation is underway. Where were you when McDo...

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House schedules vote on ObamaCare replacement bill

The committee voted 19-17 to pass the bill, with all Democrats and three Republicans voting no: Reps. Several Republicans have expressed deep ...

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CM Devendra Fadnavis: Will you guarantee no farmer deaths after loan waiver?

Out of the total loan, Rs 31,057 crore is overdue and Rs 30,500 crore is outdated", he said. "We met Jaitley and Agriculture Minister Radhamoh...

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ValueAct Holdings Sees Opportunity in Valeant Pharmaceuticals Intl (VRX)

Valeant Pharmaceuticals Inc's stock price fell to its lowest level in eight years yesterday after the abrupt exit of its biggest supporter put r...

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Theresa May Has Blocked Nicola Sturgeon's Scottish Independence Referendum

Sturgeon said Scotland should have the chance to stay in the EU's lucrative single market and keep an open-door policy to immigrants after votin...

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Schooled by Pruitt on pollution

Speaking last week to the network's "Squawk Box", Pruitt sparked the ire of climate groups-and contradicted his own statements to the U.S. Sen...

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Oil prices rally as United States stockpiles ease

A surprise output jump from its biggest member, Saudi Arabia, put further pressure on prices. In December, the world's petro-states congratula...

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Stella's Cancellations and Delays Continue into Wednesday

Passengers should not attempt to go to the airport unless they have called their airline and rebooked their canceled flight, officials said. The...

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GST council likely to clear final draft for GST bill

Soon after the passing of the laws, a meeting will be held to present the slabs for various goods and services before the Council. The crucial d...

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Flynn Got $56250 From Russian TV, Cyber Firm, Documents Show

He also received a similar amount from a cybersecurity company in Russian Federation that was looking to expand its business with the US governm...

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Audi CEO says his private home not part of prosecutors' raids

According to Audi , officials started searches of its offices in Ingolstadt and Neckarsulm, where the carmaker employs about a combined 60,000 ...

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The Frontier Communications Corp (FTR) Short Interest Update

Company has reported several Insider transactions to the SEC, on Nov 12, 2015, Kathleen Weslock (EVP, Chief People Officer) purchased 12,370 sha...

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Citrix Is Working With Goldman Sachs on Potential Sale Process

Looking forward, the company is expected to report earnings of $0.95 per share for the current quarter. Reuters reported that Citrix declined to...

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California Joins Legal Challenge to President Trump's Travel Ban

Virginia Attorney General Mark Herring is supporting Hawaii's lawsuit against President Donald Trump's revised travel ban . On Wednesday,...

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3 departures canceled at Chattanooga Airport due to storm

If you were planning to fly out of the Mitchell International Airport Tuesday to the eastern United States through Wednesday, the operative wo...

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Germany Threatens $53 Million Fine in Facebook Hate-Speech Bill

Mr Maas said: 'We must increase the pressure on social networks. Tuesday's announcement comes after a warning previous year from justice min...

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Officer beats suspect, draws gun in crowd in CA

Video shows the officer on top of the man, punching him and hitting him with an object while trying to place him in handcuffs. The officer was...

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USA stocks fall ahead of Fed Reserve decision

This rise was heavily trailed in recent weeks and has been priced in as a certainty by market participants in New York, London and Tokyo - thoug...

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Restaurant Group (LON:RTN) Receives Equal-weight Rating From Barclays Analysts

They now have a GBP 504.00p price target on the stock. Recently stock market broker analysts have updated their ratings and price targets on s...

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Bill Ackman Finally Cuts His Losses on Valeant

This is not the first time that Acman suffered big losses . The company sells its skin care brands CeraVe, AcneFree and Ambi to L'Oreal to ra...

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