Business

Major Concerns as U.S. 10-Year Yields Test 3%

Major Concerns as U.S. 10-Year Yields Test 3% Bond prices continue to fall and the yield on the 10-year Treasury note is getting close to 3 percent, a milestone it hasn't reached since January 2014. Defense contractor Lockheed Martin ( LMT ) sank 6.1 percent. Chemical companies and other materials makers could also see their profits affected as oil prices and other expenses rise. [Full Article...]

Treasuries' March Above 3% Faces Challenge From Slumping Stocks

Treasuries' March Above 3% Faces Challenge From Slumping Stocks This month, the yield has risen on signs that US inflation is headed slowly higher while the Federal Reserve has clearly indicated the fed-fund rates could be raised another three times in 2018. buyers and rising yields increase the opportunity cost of holding gold, which is another factor lessening gold's appeal". And bonds and stocks tend to move in opposite directions, too, so the new thres... [Full Article...]

Amazon wants to Key your auto

Amazon wants to Key your auto Amazon is turning the trunk of your vehicle into a mailbox. The new in-car delivery service is now available in Houston , Dallas-Fort Worth, Austin, and San Antonio, plus approximately 30 other USA cities and surrounding areas. Amazon says it will not deliver to private parking garages or other places where access to a vehicle is not readily available. You'll also get a notification when... [Full Article...]

GM Korea reaches wage deal, avoids bankruptcy

GM Korea reaches wage deal, avoids bankruptcy Initially, the management offered to transfer 100 workers from its Gunsan plant to the company's other plants in Bupyeong District, Incheon, and Changwon, South Gyeongsang, while putting the rest on four-year leave without pay. The KDB, on the other hand, requested a 20-to-1 selective capital reduction to maintain its 17 percent share in the company, since the debt-to-equity swap proposed by GM wo... [Full Article...]

India's TCS shares hit record, touches $100 bln in market cap

India's TCS shares hit record, touches $100 bln in market cap For the first time ever, Tata Consultancy Services has surpassed the big $100 billion mark on Monday. At 14:50 hrs, Tata Consultancy Services was trading at Rs 3,450.05, up 1.4 percent, on BSE. Not only this, its market cap even accounts for roughly 25 per cent of India's forex reserves, which, at last count, were valued at $426 billion. " TCS continues to execute solidly for a company of its... [Full Article...]

International Monetary Fund says trade tensions hinder growth

International Monetary Fund says trade tensions hinder growth US Treasury Secretary Steven Mnuchin today said rising debt levels in low-income countries threaten to generate significant economic and social instability and imperil hard-won developmental gains. In recent weeks, however, both countries have hunkered down with neither moving forward on their threats as economists warn that a trade war would be a lose-lose scenario for both countries. [Full Article...]

International Investigators Arrive At Suspected Chemical Attack Site

International Investigators Arrive At Suspected Chemical Attack Site The team will build a report based on the test results, in addition to "other information and materials collected by the team", the statement said. An ITV News correspondent recorded the return of the OPCW convoy to Damascus. "We believe such flaws within an notable case similar to this, for all those good reasons, to be unacceptable, since the security of this O.P.C.W. staff was guaranteed ... [Full Article...]

Southwest And Engine Manufacturer Disagree Over Timing Of Inspections

Southwest And Engine Manufacturer Disagree Over Timing Of Inspections U.S. aviation regulators have ordered emergency inspections of one of the world's most popular jet engines after the fatal accident this week on a Southwest Airlines plane. It is not clear how many takeoff-and-landing cycles the engine in Tuesday's accident had gone through and whether it would have been covered by the FAA directive. [Full Article...]

FAA, EASA Order Emergency Checks On CFM56-7B Engines

FAA, EASA Order Emergency Checks On CFM56-7B Engines The order will affect about 680 engines globally, including about 350 in the U.S., the FAA said . Manufactured by CFM International, a joint venture between General Electric and France's Safra Aircraft Engines, the CFM56-7B is one of the most widely used jet engines . [Full Article...]

Mostly sunny, breezy, cool, and dry

Mostly sunny, breezy, cool, and dry Friday and Saturday mornings will be quite cool with lows in the upper 40s and lower 50s. We are waking up on this Friday morning to low temperatures in the lower 30s with winds from the east to the southeast at 5-15 miles per hour as high pressure moves away from us. [Full Article...]

Rain is in the Oklahoma forecast for Friday night and Saturday

Rain is in the Oklahoma forecast for Friday night and Saturday Tomorrow Night: Mostly cloudy. Sunday - Sunny, with a high near 54. Wind: E 5-15. High: 53. Sunday night will be mostly clear with a low around 33. Wednesday night: Mostly clear, with a low around 41. In Lincoln, where the annual Nebraska spring football game is set for 11 a.m., there is a slight chance of rain, mainly before noon. [Full Article...]

Coca (KO) Holder Mitsubishi Ufj Trust & Banking Corp Has Raised Holding

It also increased its holding in Spdr Ser Tr by 9,600 shares in the quarter, for a total of 52,901 shares, and has risen its stake in Vanguard Index Fds (VBR). It increased, as 34 investors sold WY shares while 268 reduced holdings. (NASDAQ:AAPL) to report earnings on May, 1 after the close. They expect $0.16 earnings per share , down 11.11% or $0.02 from last year's $0.18 per share. [Full Article...]

Flossbach Von Storch AG Raises Position in The Coca-Cola Company (KO)

Flossbach Von Storch AG Raises Position in The Coca-Cola Company (KO) Moreover, Cubic Asset Management Llc has 0.57% invested in the company for 36,000 shares. The investment managers in our database now have: 42.20 million shares, down from 42.59 million shares in 2017Q3. Considering that the stock recent volume of 1053051 shares, this represents a noteworthy trading in volume size. The net percent change held by Institutional Investors has seen a change of -0.11% ... [Full Article...]

Sensex rises over 100 points, Nifty above 10500

Sensex rises over 100 points, Nifty above 10500 Infosys is gaining 2.35% and Wipro is adding 2.3%. At 3:24 PM, the BSE Sensex was trading at 34,458, up 42 points, while the Nifty50 index was trading at 10,576, up 12 points. Tata Steel , NALCO, Hindustan Copper, Bank of India and Reliance Power were some of the BSE stocks which traded lower. However, apart from IT, all other sectoral sub-indices were in the red with metal and PSU Bank sector... [Full Article...]

USA bans sales to ZTE - future with Android uncertain according to report

USA bans sales to ZTE - future with Android uncertain according to report Washington later found ZTE guilty of such sales, but the two sides reached an agreement last year that let the Chinese firm avoid a threatened seven-year ban on buying USA components. In March, the company admitted to US officials that it had not disciplined the 35 others. The Commerce Department determined that ZTE made false statements to the Bureau of Industry and Security during the 2016... [Full Article...]

NASA's TESS Satellite Takes Off to Search for Alien Life

NASA's TESS Satellite Takes Off to Search for Alien Life The Transiting Exoplanet Survey Satellite (TESS) rose off the pad atop a SpaceX Falcon 9 rocket at 6:51 p.m. EDT (2251 GMT) and deploying into Earth orbit 49 minutes later. "TESS is the first step toward finding habitable planets", mission project scientist Stephen Rinehart said during a briefing. "So, the kind that have the potential for being the terrestrial-type worlds that we're most interes... [Full Article...]

Petrol price to hit Rs 80-mark soon in Hyderabad

Petrol price to hit Rs 80-mark soon in Hyderabad I don't see crude oil prices rising from here on. On Thursday, petrol and diesel prices were hiked by 5 paise and 7 paise respectively. In Kolkata, petrol is retailing at Rs 76.78 a litre and diesel at 68.01 a litre. So, why are Petrol/Diesel prices higher today than they were in May 2014? he asked, adding that "BJP boasts that it is ruling 22 States. It is because of the "Tax the Consumer" po... [Full Article...]

FTC's Facebook Audit Didn't Catch Cambridge Analytica Leaks

FTC's Facebook Audit Didn't Catch Cambridge Analytica Leaks Moving users from Facebook Ireland allows Facebook some leniency in applying universal privacy protections. The shift lets Facebook go on unaffected by the EU's new data protection laws. Facebook was a trailblazer at the time of its birth and set a bad precedent for gaining online consent. Using it, however, requires responsibility and common sense-don't expect someone else to regulate ... [Full Article...]

Netizens Have Found a New Obsession- Mark Zuckerberg's Eyes!

Netizens Have Found a New Obsession- Mark Zuckerberg's Eyes! According to Tech Crunch, the changes are focused on centralising a variety of controls that were previously located in other places. " Facebook provides a network where the users, while getting free services a lot of them consider useful, are subject to a multitude of nontransparent analyses, profiling, and other mostly obscure algorithmical processing", said Johannes Caspar, the data protec... [Full Article...]

Immune therapy key to extending lung cancer patients' lives

Immune therapy key to extending lung cancer patients' lives Historically, chemotherapy or chemoradiotherapy, is given to lung cancer patients to shrink a large, non-metastasized tumor, and in the past, immunotherapeutic agents have been administered after surgery with limited results. According to results of the KEYNOTE-189 trial, presented at the American Association for Cancer Research (AACR) annual meeting, first-line use of Keytruda (pembrolizumab)... [Full Article...]


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