Economy

Delta Airlines apologises after kicking an entire family off 'overbooked' flight

In yet another airline public relations nightmare , U.S. carrier Delta Airlines has been forced to apologise to a Californian family who claimed they were kicked off a flight after refusing to give...

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Gazprom starts construction of Turkish Steam's offshore section

Gazprom starts construction of Turkish Steam's offshore section

The Turkish Stream project, initiated by Russian President Vladimir Putin in 2014, intends to deliver Russian natural gas to Turkey and European markets through the Black Sea. Gazprom had to scrap the...

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UNESCO votes to condemn Israel's sovereignty in Jerusalem

France, Spain, Slovenia and Estonia were among the 23 that abstained from voting, while the United States, Italy, Great Britain, Holland, Lithuania and Greece voted against it. "The proposed resolut...

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Federal Reserve keeps interest rates steady -- June hike likely

The Federal Reserve struck a familiar tone in its statement concerning interest rates, pointing out that interest rate increases will be gradual in 2017, and highlighted that growth in economic acti...

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Store Capital Corp (STOR) Receives Daily Media Sentiment Rating of 0.10

Store Capital Corp (STOR) Receives Daily Media Sentiment Rating of 0.10

The company is estimating to achieve earnings per share (EPS) growth of -4.70% in this year and the earnings per share (EPS) growth expected to be -8.03% in the next year. In related news, Director Qu...

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House GOP Blocks Dem Efforts to Protect Consumer Watchdog

The bill-the Financial Choice Act-will get its final cuts as it passes through the House Financial Services Committee after almost a year of unveiling the first draft. House Financial Services Com...

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My 2 Cents: Congress Warns Airlines To Shape Up

My 2 Cents: Congress Warns Airlines To Shape Up

Munoz was joined at the hearing by United President Scott Kirby and executives from American Airlines , Southwest Airlines and Alaska Airlines. During the hearing, Oscar Muonz, United Chief execu...

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Etihad Airways appoints interim group chief executive as Hogan stands down

Etihad Airways appoints interim group chief executive as Hogan stands down

Thirion, who joined the airline in 2007, now serves as Senior Vice President Group Treasurer. Ray Gammell was appointed as interim group chief executive officer of Etihad Airways Group in May 2017...

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Wow! Aaron Hernandez's Alleged

Wow! Aaron Hernandez's Alleged "Murder Car" Listed on eBay

Jones' incident just tip of icebergLue's job not all what it's cracked up to be?New Saban deal maintains continuity in AlabamaToo early to worry about the Spurs?sc. "We're going to have to study it an...

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Sharpie maker Newell reports 52 pct jump in profit

Newell Brands Inc.is a marketer of consumer and commercial products. Insiders have sold 350,706 shares of company stock valued at $16,944,135 over the last ninety days. As of 12:20 a.m. EDT, the stock...

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EU's Juncker: English is losing importance in Europe

Speaking outside her Downing Street office on Wednesday, May accused Brussels of toughening its stance in statements " deliberately timed to affect the result of the general election". By portrayin...

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Shareholders angry over fake accounts disrupt Wells Fargo meeting

He was referring to the bank's track record as a prolific charitable giver. A number of other hedge funds have also made changes to their positions in the stock. Nevertheless, Clayton also argues th...

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Willis Towers Watson PLC (WLTW) Issues FY17 Earnings Guidance

Willis Towers Watson PLC (WLTW) Issues FY17 Earnings Guidance

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the c...

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Stock Overbuying in Action: Paypal Holdings Inc (NASDAQ:PYPL)

Stock Overbuying in Action: Paypal Holdings Inc (NASDAQ:PYPL)

A number of hedge funds and other institutional investors have recently made changes to their positions in PYPL . Fundsmith LLP raised its position in shares of Paypal Holdings by 4.5% in the first q...

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ACLU: Did Arkansas torture death row inmate?

ACLU: Did Arkansas torture death row inmate?

Williams's lawyers said he had sickle cell trait, lupus and brain damage, and argued the combined maladies could subject him to an exceptionally painful execution in violation of the US Constituti...

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China's first giant passenger jet is slated for maiden test flight

The aircraft, Comac's C919, has 158 seats, and is designed for medium range flights. It has been in development for seven years. For Friday's maiden flight, the plane carried only its skeleton crew ...

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Buffett calls health bill a giveaway to wealthy

And in answering a question about how much that person would be paid, he took a swipe at compensation consultants who often urge corporate boards to pay their managers extravagant salaries. "Medical c...

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First Quarter GDP Weak

The Office for National Statistics (ONS) said gross domestic product (GDP) grew by 0.3% in its initial estimate for the first quarter of 2017, down from 0.7% in the fourth quarter of a year ago. T...

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Chelsea exceeded expectations to stave off Spurs - Conte

Chelsea exceeded expectations to stave off Spurs - Conte

When you start to build, it's very hard to carry on winning. I can only praise Conte because when I analyse Chelsea , I can see as a coach how much work has gone into the team both defensively and of...

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Tim Cook says Apple is investing $1 billion in U.S. manufacturing

Earnings per share of $2.10 topped analyst estimates of $2.02. Cook was also optimistic on the environment in China saying, "As I mentioned in my comments, our retail and online stores did well overa...

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Trump opts to renegotiate Nafta instead of exiting deal

The White House said President Donald Trump plans to renegotiate the North American Free Trade Agreement rather than immediately terminating it. Canadian Prime Minister Justin Trudeau (left) walks...

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US Federal Reserve holds interest rates steady

The statement that the Fed issued did express some misgivings that "economic activity slowed" as "household spending rose only modestly". The statement also indicated that business investment has "f...

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Shorten under fire over 'white' advert

Shorten under fire over 'white' advert

Bill Shorten is copping criticism from all sides over a controversial Labor advertisement promoting the merits of employing Australians. "Getting a pretty clear message from this on how you feel abo...

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Domino's Pizza driver shoots, kills 16-year-old robbery suspect

Domino's Pizza driver shoots, kills 16-year-old robbery suspect

A Domino's pizza delivery guy arrived at one of his stops when a male came up and punched him through his open window, said Allentown Police Chief Glen Dorney. Retired Dallas Police Sgt. Marcia Trejo ...

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North Korea threatens 'CIA terrorists', claims US, South Korea behind assassination plot

North Korea threatens 'CIA terrorists', claims US, South Korea behind assassination plot

A statement, carried by North Korean news agency KCNA , said the alleged plot included the use of "biochemical substances including radioactive substance and nano poisonous substance". It has repea...

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Pakistan, India finance ministers spar over CPEC, OBOR

Pakistan, India finance ministers spar over CPEC, OBOR

Referring to his remarks, the article said China advocates peaceful development and it has and will "never seek hegemony in the region". Lack of a favorable growth and environment combined with slow...

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Sinclair Broadcast Reportedly Closes To Buying Tribune For About $45/shr

Fox Networks Group chairman Peter Rice confirmed that the company was looking to buy Tribune in partnership with Blackstone last week at the Milken Institute Global Conference. Tribune Media and Sincl...

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Consensus emerging for OPEC, non-OPEC to extend output pact - Saudi governor

LONDON, May 5 Oil traders have finally given up on an early rebalancing of the crude market, with flat prices and calendar spreads plunging to the lowest level since OPEC's agreement was announced. OP...

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Berkshire Hathaway annual meeting

On 3G, with which Berkshire controls Kraft Heinz Co and tried to merge it with Unilever Buffett revealed to the meeting a dislike for the cost-cutting for which the Brazilian firm is known. Buffett ha...

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Australian rules football great Lou Richards dies at 94

Australian rules football great Lou Richards dies at 94

News Corp reports Richards passed away in Melbourne on Monday afternoon, after he was too ill to attend Collingwood's 125th Anniversary. The 170cm rover was destined to play for Collingwood. After t...

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