Business

Trump won't say if he has confidence in Rosenstein

Trump won't say if he has confidence in Rosenstein Press secretary Sarah Sanders said Tuesday the meeting would be Thursday. The White House then said Monday that Trump chief of staff John Kelly would organize the meeting to review the documents. A Justice Department spokeswoman referred inquiries to the White House. After Trump's tweets on Sunday, the Justice Department formally asked the inspector general to expand its review to include tact... [Full Article...]

Trump Form Lists Payment To Cohen, Lawyer Who Paid Stormy Daniel

Trump Form Lists Payment To Cohen, Lawyer Who Paid Stormy Daniel Sater, who was born in the Soviet Union, worked for the Trump Organization in the mid-2000s, helping the company build hotels in Florida and NY. The Buzzfeed report also delved into Cohen and Sater trying to take advantage of Putin and Trump publicly praising each other as potential moments to facilitate the tower project. [Full Article...]

Kroger to team up with Ocado: plans for automated warehouses in UK

Kroger to team up with Ocado: plans for automated warehouses in UK According to Ocado , the partnership aims to allow Kroger to "redefine the grocery customer experience" in the U.S. by establishing a centralised, automated model of online retailing. " Instacart is still the best partner for home delivery if one doesn't have dedicated e-commerce" operations, said Burt Flickinger, managing director of consultancy Strategic Resource Group. [Full Article...]

William Hill (WMH) Given Hold Rating at Berenberg Bank

William Hill (WMH) Given Hold Rating at Berenberg Bank On 14 May the 576.28 million GBP MC company have "Hold" stock rating. It provides unsecured personal loans in the home credit market; branch unsecured consumer loans; and guaranteed loans. Deutsche Bank has "Buy" rating and GBX 300 target. Therefore 73% are positive. Citigroup reissued a "buy" rating and set a GBX 350 ($4.88) target price on shares of Entertainment One in a research note on Tuesda... [Full Article...]

AT&T to Carry the First Holographic Smartphone: RED HYDROGEN ONE - AT&T Newsroom

AT&T to Carry the First Holographic Smartphone: RED HYDROGEN ONE - AT&T Newsroom If the "world's first holographic media machine" sounded a little too good or too ambitious to actually hit stores anytime soon, you should be happy to hear that recent delay is most likely not an ominous sign of vaporware material. [Full Article...]

Oil to Hit $90 a Barrel: Morgan Stanley

Oil to Hit $90 a Barrel: Morgan Stanley It trimmed its 2018 world demand growth projection by 40,000 barrels per day to 1.4 million bpd, projecting total consumption at 99.2 million bpd. With the group's compliance to reductions reaching 166 per cent last month, the IEA said markets are set to tighten further as output sinks in Venezuela and the United States remains hawkish on Iran . [Full Article...]

Summary of 4imprint Group plc (LON:FOUR) Ratings on May 16, 2018

Summary of 4imprint Group plc (LON:FOUR) Ratings on May 16, 2018 Howe Rusling Inc holds 0% or 200 shares. Denver Investment Ltd Llc has 0% invested in Ashtead Group plc (LON:AHT). Neuberger Berman Group Inc Limited Liability Com reported 0.08% stake. On Thursday, February 8 the firm has "Add" rating given by Numis Securities. M Partners maintained Target Corporation (NYSE:TGT) rating on Thursday, November 19. [Full Article...]

It's not over: What just happened with net neutrality?

It's not over: What just happened with net neutrality? But most Republicans opposed the effort, saying the regulations were potentially too onerous and that Democrats were trying to use the issue for partisan gains in November. Upending these rules means that, for a fee, ISPs can prioritize certain websites, allowing them to load more quickly on their users' devices, and slow down or even block other sites. [Full Article...]

Senate Vote Says Net Neutrality Can Stay Around a Little Longer

Senate Vote Says Net Neutrality Can Stay Around a Little Longer The Senate measure needs to win a vote in the House where Republicans have a larger majority, and to get a signature from President Donald Trump , who supports the FCC's action. The Senate has voted to kill a Federal Communications Commission rule that repealed the Obama administration's ban on internet providers blocking or slowing down certain content. [Full Article...]

YouTube to launch new music streaming service

YouTube to launch new music streaming service The ad-supported version of YouTube Music will be free, the premium service without ads will costs $9.99 a month. YouTube Music's big selling point is that it uses all the things Google already knows about you to offer a more personal music streaming experience. [Full Article...]

Swiss Tesla accident: crash may have sparked battery fire

Swiss Tesla accident: crash may have sparked battery fire Tesla ( TSLA -3.6%) plans a six-day pause in production at its Fremont factory in order to make some assembly line fixes, sources tell Reuters . Tesla did not immediately respond to a request for comment. According to local media, police said the woman at the wheel of the vehicle claimed it was in a self-driving mode and that her attention was on her phone. [Full Article...]

Japan GDP Slides In 1st Quarter Ending 8 Quarters Of Growth

Japan GDP Slides In 1st Quarter Ending 8 Quarters Of Growth TOKYO, May 16 (Reuters) - Japan's economy contracted more than expected at the start of this year, breaking the longest run of growth seen for decades, in a blow to Prime Minister Shinzo Abe's reflationary "Abenomics" polices. Our assessment of the factors seemingly behind the negative growth is that the deterioration in consumer spending is likely due to curbed spending owing to poor weather cond... [Full Article...]

Spiking bond yields slam stock market winning streak

Spiking bond yields slam stock market winning streak The yield on the benchmark 10-year note ripped through the four-year high it hit three weeks ago, finishing 9 bps above yesterday's close at 3.08% for its highest close since July 2011, and the two-year yield gained 4 bps to 2.58%, its highest close since July 2008. [Full Article...]

European Union giving illegal subsidies to Airbus

European Union giving illegal subsidies to Airbus But the WTO also dismissed USA claims that loans for the A320 and A330, the most popular Airbus models, were also costing Boeing significant sales, thus narrowing the scope of the ruling. had previously pegged as ranging from $7bn to $10bn a year. The CEO of Airbus , Tom Enders said, "Today's report is really only half the story". The WTO case has yielded 5,000 pages of filings and cost... [Full Article...]

Amazon introduces special Whole Foods discounts for Prime members

Amazon introduces special Whole Foods discounts for Prime members The savings are rolling out initially to the Whole Foods stores in Florida, but will expand to all U.S. Whole Foods Market and Whole Foods Market 365 stores this summer. Plus, Amazon Prime members get 5 percent back on Whole Foods purchases with the Amazon Prime Rewards Visa Card, the companies announced earlier this year. [Full Article...]

Vodafone CEO to step down after 10 years

Vodafone CEO to step down after 10 years Colao has been very vocal on policy and industry issues arising out of India including high spectrum cost, tariff war, legal tussle with Indian government and regulator. The Italian has previously held other financial and marketing roles within the group after she joined Omnitel Pronto Italia - which later became Vodafone Italy - in 1994. [Full Article...]

Oil Slips as OPEC Seen Able to Offset Iran Losses From Sanctions

Oil Slips as OPEC Seen Able to Offset Iran Losses From Sanctions But while slogans of "Death to America" were few, many Iranians are sincerely angry over Mr Trump's decision and are siding with hard-liners who have warned to be suspicious of the West. "There is a good chance the current OPEC deal will end by end-2018, if not before", said Ed Morse, head of commodities research at Citigroup Inc.in NY. [Full Article...]

Average gasoline price nearing $3 per gallon in NY state, nationwide

Average gasoline price nearing $3 per gallon in NY state, nationwide Gas prices recently rose again in anticipation of Memorial Day weekend, with the national average gas price standing at $2.87 on Sunday - 53 cents higher than this time previous year. Even as gas prices rise like outdoor temperatures, AAA still expects an additional 2 million people will take to planes , trains, automobiles and other modes of transportation. [Full Article...]

Facebook suspends 200 apps for possible misuse of user information

Facebook suspends 200 apps for possible misuse of user information It will show people if they or their friends installed an app that misused data before 2015 - just as we did for Cambridge Analytica . Facebook CEO Mark Zuckerberg promised users - and Congress - that the company would audit all the apps that may have collected user information under Facebook's old policy of letting developers access the data of app users' friends. [Full Article...]

Last Week Petrofac Limited (LON:PFC) Ratings

The firm has "Hold" rating by Peel Hunt given on Friday, June 9. Numis Securities maintained the shares of FAN in report on Tuesday, March 20 with "Hold" rating. It has change of 0.09, from 2017Q3's 0.98. 38 grew stakes while 19 funds acquired stakes. Amalgamated Bancshares invested in 10,563 shares or 0.01% of the stock. [Full Article...]


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