US Federal Reserve holds interest rates steady

The central bank also said consumer spending continued to be solid, business investment had firmed and inflation has been "running close" to its target. Markets reacted accordingly, with futures traders bidding up the chances of a June interest-rat... More..

by | Published more than a month ago
by | Thursday, May 11, 2017

8 tweets define Game 4 stinker between Sens, Rangers

Game 5 between the two teams went back and forth, but was ultimately won by the Senators in overtime, who now have a 3-2 lead in the series. Nick Holden's first goal of the playoffs gave the Rangers a 1-0 l...More..

by | Thursday, May 11, 2017

Coach to buy Kate Spade for $2.4 billion

Sales at Coach have started to grow again as it pulled back from department stores and dialed back promotions. Globally, the upscale retailer has 133 specialty stores, 82 outlets stores and 54 franchises excl...More..

by | Thursday, May 11, 2017

Warren Buffett's one-word answer for why he hasn't purchased Amazon shares

Wells Fargo was among many topics discussed at Berkshire's annual meeting in Omaha, where Buffett, 86, and Vice Chairman Charlie Munger, 93, fielded dozens of questions from shareholders, journalists and analys...More..

by | Thursday, May 11, 2017

Snapchat's user base is loyal, but that might not be enough (SNAP)

Revenues were up almost four-fold compared to the same period past year at $149.6m but lower than the $158m expected on average by analysts. Net losses for the quarter were $2.2bn, much of that due to one-off I...More..

by | Thursday, May 11, 2017

Mishra begins fast, seeks trip details

As Mishra's fast progressed, a man from among the crowd slapped him in the evening, shouting: "He (Mishra) has betrayed the party". The police must increase Kapil Mishra's security. Hazare said that whatever...More..

by | Thursday, May 11, 2017

England learn opponents for Rugby World Cup 2019

Any one of a number of teams can win the World Cup. Given the stranglehold the New Zealanders have over South Africa, it now seems unlikely that the Boks would win that match. England have a mixed World Cup ...More..

by | Thursday, May 11, 2017

United Airlines faces Congress

Lawmakers grilled airline executives on turbulent customer service. "Clearly what happened was wrong", said Kerry Philipovitch , the airline's senior vice president of customer experience. "No customer, no i...More..

GOP House panel takes first step to gut Dodd-Frank law
by | Thursday, May 11, 2017

GOP House panel takes first step to gut Dodd-Frank law

These flaws have spurred the House Committee on Financial Services to introduce the Financial CHOICE Act , a measured plan that will provide economic opportunity for all Americans, promote transparency, acco...More..

N Korea's holding United States citizen 'concerning'
by | Thursday, May 11, 2017

N Korea's holding United States citizen 'concerning'

North Korea says it has detained another USA citizen, accusing him of committing "hostile acts". Earlier this month , American colleague Kim Sang-duk, who is also known as Tony Kim, was arrested on similar...More..

Delta apologises for forcing family off flight
by | Thursday, May 11, 2017

Delta apologises for forcing family off flight

They then filled our four seats with four customers that had tickets but no seats. He said it was a Delta Airline employee who suggested using the seat for his infant son. Delta has since said it was "sorry fo...More..

by | Thursday, May 11, 2017

Buffett calls health bill a giveaway to wealthy

Sloan, the bank's CEO, has said most calls to what the bank calls the EthicsLine were handled properly and promised to fix cases where they weren't. I'll be taking a look primarily at the "Buffett factor" and...More..

by | Thursday, May 11, 2017

United Airlines reaches settlement with doctor violently removed from plane

Dao have reached an amicable resolution of the unfortunate incident that occurred aboard flight 3411". Aninda Sadhukhan visited his shredder to dispose of his United MileagePlus Explorer card with Chase Ban...More..

LeBron James: Some black athletes 'expect' racial slurs in Boston
by | Thursday, May 11, 2017

LeBron James: Some black athletes 'expect' racial slurs in Boston

After the game, Gausman called the ejection "complete bush league" and that Sale had intent on Tuesday night when he threw at Machado. The Boston Red Sox said Wednesday it ejected and banned a fan from Fenw...More..

by | Thursday, May 11, 2017

China eyes global market after Comac C919 maiden flight

Before takeoff, CCTV state television said the plane would be tested at an altitude of 3,000 metres (9,800 feet), some 7,000 metres lower than a regular trip, and at a speed of around 300 kilometres (186 miles)...More..

Theresa May Calls For Snap Election
by | Thursday, May 11, 2017

Theresa May Calls For Snap Election

May, Britain's second female prime minister, who took over last summer following her predecessor David Cameron's failure to convince voters to back the European Union, also appears to have won strong popular su...More..

by | Thursday, May 11, 2017

US Federal Reserve keeps key lending rate unchanged

But Fed played down the significance of weak consumer spending, saying "the fundamentals underpinning the continued growth of consumption remain solid". "That bodes well for consumer spending in the second quar...More..

by | Thursday, May 11, 2017

Oil prices rise in Asia in expectation of Aramco supply cut

This is the first time the Saudi minister has suggested curbs could be extended beyond 2017. As the oil price slide has gained momentum it has triggered speculators to sell even further, so that Brent futures...More..

5 dead following fiery, 2-vehicle crash in Michigan
by | Thursday, May 11, 2017

5 dead following fiery, 2-vehicle crash in Michigan

Investigators said a auto driven by a young man from the Fenton area failed to stop at a sign and struck a vehicle traveling east on Michigan Highway 59. Also riding in that auto was 69-year-old Linda Hurley of...More..

by | Thursday, May 11, 2017

Kiwi slides as NZ central bank retains inflation outlook, neutral rate bias

The New Zealand dollar dropped after the Reserve Bank surprised investors by keeping its interest rate track unchanged, despite recent data showing a spike in inflation and a strong labour market. Beyond that, ...More..

by | Thursday, May 11, 2017

Groups celebrate Buhari, Nigerian Army over release of Chibok girls

Yakubu Nkeki, head of the Abducted Chibok Girls Parents' group, said parents of the girls would only be able to see their daughters once government approval was given. Parts of that area are unsafe because of f...More..

by | Thursday, May 11, 2017

Killing of young Kashmiri officer an act of cowardice: Jaitley

According to the report, firing could also be heard in the procession. But missing in the reactions to it, especially from those in positions of authority, is a contemplation of the sobering realities that surr...More..

by | Thursday, May 11, 2017

Samsung Lifted by Strong Memory Chip Sales

It was the smallest profit for the mobile segment in about two years, except in the third quarter of last year at the height of the Galaxy Note 7 problems. "Samsung is expected to seek an early release of t...More..

by | Thursday, May 11, 2017

Trump slaps tariff on Canadian softwood lumber

TORONTO (AP) - Prime Minister Justin Trudeau warned Tuesday that Canada and the USA could suffer a "thickening" border as the Trump administration imposes new tariffs on softwood lumber and trade tensions bet...More..

Snapdeal sale: SoftBank a step closer to bring Nexus on board
by | Thursday, May 11, 2017

Snapdeal sale: SoftBank a step closer to bring Nexus on board

Softbank, one of the primary investors of Snapdeal is now in discussions with other investors of Snapdeal , especially Nexus Partners, to approve an impending sale to bigger rival Flipkart. Though in early s...More..