Economy near full employment, Fed's Yellen says

A key indicator of long-term euro zone inflation expectations, the five-year, five-year breakeven forward, was at 1.75 percent on Thursday morning, close to its one-year high of 1.77 percent at the start of the year. The 3 percent level for the Fed's... More..

by | Published more than a month ago
Failure to disclose injury could cost Seattle Seahawks a 2nd-round pick
by | Saturday, January 21, 2017

Failure to disclose injury could cost Seattle Seahawks a 2nd-round pick

Sherman, who has been voted for four straight Pro Bowls, picked off four passes in 2016 and logged his fifth season with double-digit pass breakups. The pick in question would be the 56th overall selection in...More..

by | Friday, January 20, 2017

EXTRA: Pearson Scraps Profit Target Amid Shift To Textbook Rental

The company's forward guidance suggests it will struggle to match last year's performance with operating profit seen in the range of £570-£630mln. Net revenue fell 30% year-on-year, and revenue for the busine...More..

Banks get green light to recover Kingfisher dues
by | Friday, January 20, 2017

Banks get green light to recover Kingfisher dues

The lenders had moved the DRT in 2013 to recover dues from the defunct airline. The consortium of banks had also moved a petition in the Karnataka High Court with a set of appeals and the DRT took up the case o...More..

by | Friday, January 20, 2017

Credit Suisse Finalizes $5.28 Bln Mortgage Deal With U.S.

Department of Justice said on Wednesday. "Unscrupulous lenders knew they could get away with shoddy underwriting when making mortgage loans, because they knew Credit Suisse would buy those defective mortgag...More..

by | Friday, January 20, 2017

Theresa May hails 'fundamental strength' of United Kingdom economy since Brexit vote

Stiglitz said at the World Economic Forum in Davos, Switzerland. Six months after the UK's European Union referendum and amid growing discontent, Prime Minister Theresa May has now outlined her plans for Brit...More..

Significant Movements: Reynolds American Inc (NYSE:RAI) , Whitewave Foods Company (NYSE:WWAV)
by | Friday, January 20, 2017

Significant Movements: Reynolds American Inc (NYSE:RAI) , Whitewave Foods Company (NYSE:WWAV)

Earlier the firm had a rating of "Buy " on the company shares. Reynolds American Inc (NYSE:RAI) now has P/E (Price to Earnings) ratio of 14.56 while the company's industry has 37.11 P/E and the sector P/E i...More..

by | Friday, January 20, 2017

Mondelez to sell Australian grocery business for $345 million

Indeed, Vegemite is a true icon of Australia but what many people were unaware of was that the rich yeast extract spread was actually American owned. The company announced on Wednesday it has reached agreemen...More..

by | Friday, January 20, 2017

American Airlines launches Basic Economy fare to compete with LCCs

When you're forced to gate-check your bag thanks to your later boarding group or end up with tragically little legroom, it's more than easy to feel like flying in economy class is already a basic, no-frills...More..

by | Thursday, January 19, 2017

Biden tells Davos: Russia is threatening the 'liberal worldwide order'

He cited a "palpable uncertainty about the state of the world", but said that while the United States plays an important role, the world's challenges do not hinge exclusively on leadership from Washington. Russ...More..

by | Thursday, January 19, 2017

Israel declares Arrow-3 operational

It was developed by Israel Aerospace Industries together with US aviation giant Boeing. After years of development and testing, the system is now considered operational, though it will continue to undergo che...More..

President Obama commutes the sentence of one of America's most notorious prisoners
by | Wednesday, January 18, 2017

President Obama commutes the sentence of one of America's most notorious prisoners

At her court-martial, Manning confessed in detail to stealing more than 700,00 military files and diplomatic cables from American embassies and giving the stolen data to Wikileaks. A former vice chairman of the...More..

Shares of Morgan Stanley (NYSE:MS) Sees Large Outflow of Money
by | Wednesday, January 18, 2017

Shares of Morgan Stanley (NYSE:MS) Sees Large Outflow of Money

Calamari, Director of the SEC's New York Regional Office. While equity trading witnessed modest increase, fixed income trading increased considerably in the fourth quarter particularly after the election resu...More..

by | Wednesday, January 18, 2017

United Kingdom inflation surges more than expected, ONS reveals

This is the highest figure for the Consumer Prices Index (CPI) since July 2014, when it was also 1.6%. It is at its highest since July 2014 and the Bank of England is expecting inflation to rise to almost 3% ...More..

Walmart plans giant expansion that will create thousands of jobs
by | Wednesday, January 18, 2017

Walmart plans giant expansion that will create thousands of jobs

Most recently on 9/23/16 the stock of Wal-Mart Stores, Inc. The company is in the process of upgrading its 4,648 USA stores, aimed at improving customer experience, and at the same time investing heavily in its...More..

by | Wednesday, January 18, 2017

Oil Prices Jump as Dollar Sags, Saudis Reiterate Commitment to Production Limits

Birol said he now expects oil markets to rebalance during the first half of 2017. The Organization of the Petroleum Exporting Countries (OPEC) has agreed to cut production by 1.2 million barrels per day (bp...More..

by | Wednesday, January 18, 2017

BAT Agrees to Pay $49.4 Billion to Buy Out Reynolds American

After years of distancing themselves from the USA because of mounting civil suits, worldwide tobacco companies are returning as they confront declining cigarette volumes and expanding regulations around the glo...More..

by | Wednesday, January 18, 2017

Stock Trades Lead to Increased Democratic Pressure on HHS Nominee

A week later Price introduced a bill called the HIP Act , which would have pushed out the start date for a new regulation that would be damaging to Zimmer Bodet's business. Days later, he introduced legislat...More..

by | Tuesday, January 17, 2017

Lucknow: Flight operations resume at Chaudhary Charan Singh Airport

Though there is a report that the airport could be closed for two days to rectify the fault but there is no official confirmation as yet. Airport authorities said operations may be stalled until the equipment i...More..

by | Tuesday, January 17, 2017

Muslims welcome Lindsay Lohan to Islam

She told The Sun newspaper: "I'm a very spiritual person and I'm really open to learning. And this is my belief, if this is something I want to learn then this is my personal will, it's not for you to express",...More..