Economy

U.K. Lawmakers Vote in Favor of Early Election on June 8

U.K. Lawmakers Vote in Favor of Early Election on June 8

An earlier election can take place if: a motion for an early general election is agreed either by at least two thirds of the whole House of Commons or without division; or, if a motion of no confidenc...

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British parliament backs May's plan for snap election

British parliament backs May's plan for snap election

Labour veteran Dennis Skinner, one of those who voted against holding an election, told MPs earlier in the House of Commons that May should ban all Tory MPs involved in the alleged election expenses i...

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Oil well in Alaska shut down after oil spill - still spewing gas

The BP leak comes as the remote North Slope, once home to the biggest USA oilfields, enjoys a resurgence as companies work to improve production from aging wells and extend their reach to new suppli...

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Pence: US will 'honour' Manus Island, Nauru refugee deal

Pence: US will 'honour' Manus Island, Nauru refugee deal

Vice President Mike Pence praised Indonesia for its tradition of "modern Islam" Thursday, sending a conciliatory message to the Islamic world as the Trump administration continues to cause unease am...

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White House Orders Agencies to Prepare for Potential Government Shutdown

Democratic Minority Leader Chuck Schumer has made clear funding the wall is a line in the sand for Democrats and that they will not support any bill with money for it, setting up a high-stakes game of...

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EU says Brexit negotiations will start after British election

The prime minister, who had repeatedly ruled out calling an early election, said her volte-face was motivated by the need to "strengthen our hand in negotiation with the European Union". If May doesn'...

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EPA head vows to build trust during Indiana stop

It came just days after a new report that the Trump administration was considering closing the Chicago-based regional office that serves six states around the Great Lakes. Brooks says Pruitt, Holc...

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South Korea on High Alert as Isolated North Prepares for Army Celebration

The Trump administration is focusing its North Korea strategy on tougher sanctions, possibly including an oil embargo, a global ban on its airline, intercepting cargo ships and punishing Chinese banks...

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Power outage in San Francisco hits about 90000

Power outage in San Francisco hits about 90000

A power substation fire triggered a massive outage in San Francisco Friday, forcing the closure of a downtown BART station during rush hour and leaving some customers without power until it was fina...

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Trump to announce major tax reform next week

In his first visit to the Treasury Department next to the White House, Mr. Trump signed an executive order directing Treasury Secretary Steve Mnuchin to begin a process of simplifying or eliminating s...

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WPX Energy, Inc. Posted losses of -5.01% in the Last Trade

FBR & Co's target price indicates a potential upside of 48.79% from the company's current price. Zacks Investment Research upgraded WPX Energy from a hold rating to a buy rating and set a $15.00 pri...

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Brokers surprised by snap General Election

The country voted 52-48 per cent to leave the European Union, but Scotland backed remaining by a large majority, and Scottish First Minister Nicola Sturgeon is seeking to hold a referendum on independ...

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Chinese Economy grew 6.9 percent in the First Quarter of 2017

Chinese Economy grew 6.9 percent in the First Quarter of 2017

The reading was better than the median analyst expectation of 6.8 percent in an AFP poll. NBS spokesperson Mao Shengyong said the economy had achieved a rosy start for this year, attributing the str...

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Iconic New York statues at loggerheads

She was met with instant and almost unanimous acclaim, before some critics questioned why a company with just 5 women on their 28-person board was calling for greater gender equality from other Wall S...

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French overseas territories kicking off presidential voting

French overseas territories kicking off presidential voting

One officer was killed, and police shot and killed the gunman after he had seriously wounded two others. "She's the strongest on borders and she's the strongest on what's been going on in France", T...

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Analyzing Analyst Recommendations: Gevo, Inc. (GEVO), AK Steel Holding Corporation (AKS)

Its last 5-Year EPS growth stands at -7.50% with earnings growth of 62.40% yoy. The basic materials company reported $0.25 earnings per share for the quarter, beating the Zacks' consensus estimate of ...

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Saudi Arabia said to reduce oil output to lowest since January

Despite OPEC's cuts, oil producers around the world still put out 430,000 barrels a day more than global markets could absorb in the first quarter, according to the report. Saudi Aramco plans to sup...

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United offering compensation to all passengers on flight where man dragged off

United offering compensation to all passengers on flight where man dragged off

In what has been denounced as a public relations blunder, the CEO of United , Oscar Munoz, which is named as a respondent, first apologized only for having to "re-accommodate" passengers, then blamed...

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Oil edges higher as OPEC boost offsets dent from USA supply

Oil edges higher as OPEC boost offsets dent from USA supply

Latest data by the Energy Information Administration showed US output rose to 9.25 million barrels a day last week, the highest level since August 2015. Brent crude futures were at $53.34 per barrel...

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Delta to pay up to $10000 to bumped customers

Delta to pay up to $10000 to bumped customers

United Airlines is changing a company policy and will no longer allow crew members to displace customers already on board and airplane. The incident that set off a public relations crisis for United...

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Pence reaffirms alliance between US, Australia

Pence reaffirms alliance between US, Australia

Tensions between Washington and Pyongyang have soared recently following a series of missile launches amid fears that the North may be readying a sixth nuclear test. Turnbull and Pence both spoke of t...

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Donald Trump's rosy talk on a health care bill doesn't match reality

Donald Trump's rosy talk on a health care bill doesn't match reality

According to a draft of the tentative deal obtained by Politico , the new plan would let states apply for "limited waivers" that would undermine ObamaCare's protections for pre-existing conditions...

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Fitbit Inc (NYSE:FIT) & Dynegy Inc. (NYSE:DYN)

If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. The business earned $1.11 bil...

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Analyst's Proposition on Laredo Petroleum, Inc. (LPI), Devon Energy Corporation (DVN)

Analyst's Proposition on Laredo Petroleum, Inc. (LPI), Devon Energy Corporation (DVN)

The company is scheduled to report its next quarterly earnings results after the market closes on Wednesday, May 3rd. According to the analyst this now indicates there is a potential increase of 40.08...

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Valeant Pharmaceuticals Intl Inc (VRX) Shares Down 2.3% on Analyst Downgrade

Valeant Pharmaceuticals Intl Inc (VRX) Shares Down 2.3% on Analyst Downgrade

The stock was acquired at an average price of C$10.80 per share, for a total transaction of C$108,000.00. Earnings per share are calculated by dividing a company's net income by its number of shares o...

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EPA Denies Plans to Close Chicago Office

The visit comes amid reports that two regional offices, including the Region 5 office in Chicago, would be axed by President Donald Trump's administration - and office employees held a news conferen...

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Milk producers knock Canadian ambassador's dairy pricing claims

It was the second time this week that Mr. Trump had taken on Canada over trade, as two days ago during a trip to Wisconsin, he said Canadian trade practices were making life hard for us dairy producer...

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How major US stock market indexes fared on Thursday

How major US stock market indexes fared on Thursday

Mattel fell as much as 11.8 percent to an 18-month low of $22.22 after the toymaker reported a bigger-than-expected quarterly loss. For the week, the Dow rose 0.5 per cent, the S&P gained 0.8 per ce...

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US Crude Stocks Dip, But Gasoline Inventories Rise

A preliminary Reuters poll showed analysts expected data to show USA crude stocks fell in the week to April 14, building on a surprise decline the previous week.Analysts said they expected the data ...

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EU says ready to welcome back UK if it decides to stay

EU says ready to welcome back UK if it decides to stay

Liberal Democrat leader Tim Farron said that broadcasters should hold debates anyway, with an empty chair in May's place. Mr Hinds echoed the Prime Minister's justification for the snap election ...

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