Business

Business Alberta government guarantees 20 years of oil for Keystone XL pipeline
Author: 0 Alberta government guarantees 20 years of oil for Keystone XL pipeline

The company said construction preparation has started and will increase as the permitting process advances throughout this year, with primary construction now expected to begin in 2019 rather than mid 2018. The limits on oil export capacity has exacerbated the discount that Canadian oil producers are forced to accept for their crude relative to West Texas Intermediate, which also hurts the royalty payments Alberta's government collects from the industry.

Business Mulvaney requests 'zero' money for CFPB
Author: 0 Mulvaney requests 'zero' money for CFPB

The $145 million budget estimate is roughly equal to what Richard Cordray , who was appointed by Obama as the first permanent director of the bureau, requested for the CFPB in the second quarter of 2017. The move by Mulvaney, a vocal agency critic who is also is Trump's budget chief, has spurred concerns among consumer advocates that a tighter budget could make the agency less effective at protecting consumers from fraud, predatory loans and other abuse by banks and financial firms.

Business Dow has first close above 26000 points
Author: 0 Dow has first close above 26000 points

The Standard & Poor's 500 rose 26 points, or 0.9%, to 2,802. The blue chip index Dow Jones Industrial Average rose by 323 points to record levels, closing for the first time over 26,000 points. Alcoa tumbled 7.5 percent after the aluminum producer's earnings missed analysts' estimates. Several banks also reported quarterly results. The stock added 49 cents to $55.84.

Business Apple Plans To Create 20000 Jobs And Build New Campus
Author: 0 Apple Plans To Create 20000 Jobs And Build New Campus

Apple hasn't announced where it will build its new campus, but it is expected to house the technical support staff there who speak with customers in the U.S. Trump also said he doesn't "imagine there's ever been an investment that big in this country by a company". The announcement of a new campus comes after Amazon made a big splash by promising to build a second headquarter somewhere in the country, for which cities have been competing to be the next location.

Business Joshua Wong Imprisoned Again for 2014 Protests
Author: 0 Joshua Wong Imprisoned Again for 2014 Protests

Wong Ching-tak, the current union president, said the union's role in social movements and the threat of arrest had put off many applicants, stating that "not everyone is willing to stand at the front". "Our determination to fight for genuine universal suffrage will not waver". In 2014, a package of electoral reforms endorsed by China would have allowed Hong Kong residents to directly vote for their next chief executive in the 2017 election, but only from a list of pre-approved, ...

Business More details on possible switch to payroll tax unveiled in Cuomo's budget
Author: 0 More details on possible switch to payroll tax unveiled in Cuomo's budget

John J. Flanagan, the Republican leader of the Senate, praised elements of Mr. Cuomo's plan, including a 3 percent increase in education funding, the largest chunk of state spending. Out-year budget gaps and shrinking statutory debt capacity are also growing concerns. In a small surprise, Mr. Cuomo also said that as the leaders of neighboring states like New Jersey and MA embrace recreational marijuana , he would ask the Department of Health to study the impact of legalization - including ...

Author: 0 Oil Prices Edge Up On Tighter Supplies, Healthy Demand

OPEC has released this month's Monthly Oil Market Report, outlining the cartel's assessment of the state of the worldwide oil industry. "There are many reasons they'd be concerned, but top of the list is: how will USA production respond?" With plenty of surplus oil still around, ministers from the UAE, Iraq and Kuwait insist there's no need to change strategy today.

Author: 0 Are Analysts Bullish Carillion plc (LON:CLLN) After Last Week?

Among 10 analysts covering Science Applications International ( NYSE:SAIC ), 7 have Buy rating, 0 Sell and 3 Hold. Numis Securities' price target suggests a potential upside of 48.22% from the stock's previous close. The stock increased 1.62% or $0.6 during the last trading session, reaching $37.6. About 134,572 shares traded. IG Group Holdings plc (LON:IGG) has 0.00% since January 18, 2017 and is.

Business Schachtner: Win shows voters exhausted of negativity
Author: 0 Schachtner: Win shows voters exhausted of negativity

So should this election result worry Republicans? In the 2016 election Harsdorf won by 26 points and Donald Trump won by 17 points; Romney easily took the district in 2012, though Wisconsin went to Obama. "This a suburban-rural district", tweeted Wisconsin operative Trygve Olson . Even the state's top Republican, Gov. Scott Walker, said his party needs to learn from this special election.

Author: 0 Coca-Cola European Partners plc (NYSE:CCE) Pressured Under Trend Lines

About 397,249 shares traded. Pfizer Inc. (NYSE:PFE) has declined 2.76% since January 17, 2017 and is downtrending. It has underperformed by 55.72% the S&P500. Howe & Rusling Inc invested in 0.13% or 15,703 shares. Rathbone Brothers Public Limited Liability Co has invested 3.1% of its portfolio in The Coca-Cola Company (NYSE:KO).

Business Active Stock in Review: Merck & Co., Inc. (MRK)
Author: 0 Active Stock in Review: Merck & Co., Inc. (MRK)

NQ Mobile Inc. (NYSE:NQ) has risen 1.06% since January 16, 2017 and is uptrending. It has outperformed by 38.35% the S&P500. Cascade Investment Advisors Inc. The stock has "Hold" rating by Robert W. Baird on Friday, September 1. Citigroup upgraded Vonage Holdings Corp. (NYSE: MRK ) on Monday, December 19 to "Underperform" rating.

Business Fiat Chrysler to recall 1.8 million trucks to fix shifter issue
Author: 0 Fiat Chrysler to recall 1.8 million trucks to fix shifter issue

Also included in the recall are 2016 and 2017 Ram 3500 chassis cabs under 10,000 pounds, and some 2009-2017 Ram 1500 pickups. Occupants may inadvertently move the vehicles' gear-shifters out of the "park" position, FCA said in an announcement, as the result of a malfunctioning brake transmission shift interlock (BTSI).

Business Goldman Posts First Quarterly Loss in 6 Years on Trump Tax Hit
Author: 0 Goldman Posts First Quarterly Loss in 6 Years on Trump Tax Hit

According to a recent spotcheck, company The Goldman Sachs Group, Inc. Several other brokerages have also recently issued reports on GS. Goldman Sachs Group had a net margin of 26.42% and a return on equity of 11.34%. The Goldman Sachs Group, Inc . operates as an investment banking, securities, and investment management firm worldwide. Companies are ranked according to their market caps, ranking them as large-cap, mid-cap and small-cap.

Business Key Brexit laws clears Commons amid Tory warnings
Author: 0 Key Brexit laws clears Commons amid Tory warnings

Mr Davis said: 'We are pleased that the Bill has successfully completed this stage of its passage through Parliament. He said: "If the Prime Minister thinks that she can come to this House, put forward her proposed Article 50 deal, and if she loses that vote that she can carry on regardless or walk the United Kingdom off a cliff with no deal then she's got another thing coming".

Business Derwent London (DLN) PT Raised to GBX 3300 at JPMorgan Chase & Co
Author: 0 Derwent London (DLN) PT Raised to GBX 3300 at JPMorgan Chase & Co

The institutional investor held 965,350 shares of the commercial physical & biological resarch company at the end of 2017Q3, valued at $45.49 million, up from 590,684 at the end of the previous reported quarter. It also reduced its holding in Icon Plc (NASDAQ:ICLR) by 7,186 shares in the quarter, leaving it with 46,392 shares, and cut its stake in Bemis Co Common ( NYSE :BMS).

Business Maine AG joins group making an attempt to dam net-neutrality repeal
Author: 0 Maine AG joins group making an attempt to dam net-neutrality repeal

However, the attorneys general involved in the recent lawsuit argue a repeal would be a "disaster to consumers and business", and would "turn internet service providers into gatekeepers". The White House has said it supports the FCC's efforts to roll back regulations. "It is unlikely that an Appeals Court would rule on this within a year and an appeal to the Supreme Court, assuming the court chose to exercise jurisdiction would take even longer", said Weisman.

Business Bank of Canada hikes interest rate to 1.25%, cites strong economic data
Author: 0 Bank of Canada hikes interest rate to 1.25%, cites strong economic data

He added that by giving Nafta uncertainty prominent play in the rate statement, BOC Gov. Stephen Poloz is indicating further rate rises won't be "fast and furious". As such, it remains our base-case view that a gradual pace of tightening is most likely, with the next hike penciled in for July . "Our call is that the BoC will follow through with a hike at the January meeting.

Business Snowfall in Gwent as Met Office issues ice warning
Author: 0 Snowfall in Gwent as Met Office issues ice warning

A spokesman for the Met Office said: "The weather will be staying unsettled, with periods of strong winds and heavy rain over the weekend and into New Years Day". The travel group also issued driving information for Thursday evening and Friday, advising motorists to consider delaying their journey. Its spokesman Rod Dennis said: "Some northern regions are set to see further snowfall in the early hours, making driving conditions very hard if not impossible where the heaviest snowfall occurs".

Business Kimberly Clark Corp (KMB) Shares Sold by Neuberger Berman Group LLC
Author: 0 Kimberly Clark Corp (KMB) Shares Sold by Neuberger Berman Group LLC

Obermeyer Wood Investment Counsel Lllp who had been investing in Analog Devices Inc for a number of months, seems to be less bullish one the $34.62 billion market cap company. Sabal Tru Co owns 0.08% invested in Kimberly-Clark Corporation (NYSE: KMB ) for 6,909 shares. Buckingham Asset Ltd Com invested in 0.21% or 7,466 shares.

Business Bitcoin falls 25% as South Korea, China and Japan consider banning cryptocurrency
Author: 0 Bitcoin falls 25% as South Korea, China and Japan consider banning cryptocurrency

As the price of major cryptocurrencies including bitcoin , ethereum and ripple fell sharply, that market cap declined by Tuesday evening to a low of $450.5 billion. China , which first began targeting the industry a year ago, is escalating its clampdown on cryptocurrency trading, particularly online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter.

Business British Airways Turns Away Passenger Away Wearing 10 Layers of Clothing
Author: 0 British Airways Turns Away Passenger Away Wearing 10 Layers of Clothing

He then accused British Airways of racial profiling. After his first ejection from the airport, he booked a new flight with EasyJet the next day. A spokesperson for British Airways strongly refuted Mr Williams' claims and added he was not denied boarding because of the luggage but rather his behaviour towards staff.

Business GE's stock sinks after unveiling $6.2 billion charge in Q4
Author: 0 GE's stock sinks after unveiling $6.2 billion charge in Q4

It has underperformed by 21.16% the S&P500. The company has volume of 77.37 Million shares. Beta for Facebook, Inc. stands at 0.61 while its ATR (average true range) is 3.2. Therefore 63% are positive. Arrowgrass (Us) LP has invested 0.16% in General Electric Company (NYSE:GE). Among 3 analysts covering QAD ( NASDAQ:QADA ), 3 have Buy rating, 0 Sell and 0 Hold.

Business At least 20 dead in California mudslides, major highway closed
Author: 0 At least 20 dead in California mudslides, major highway closed

Since train tracks reopened on Thursday, January 11, 2018, the Pacific Surfliner has served as the only viable ground transportation option between Ventura and Santa Barbara counties , as drive time on alternate routes between the two counties can take almost four hours.

Business Patanjali Ayurveda goes digital, Ramdev announces partnership with Amazon, Flipkart and others
Author: 0 Patanjali Ayurveda goes digital, Ramdev announces partnership with Amazon, Flipkart and others

Managing Director and CEO of Patanjali Ayurveda Acharya Balkrishna said the new system would rally round to reach people who give a preference to use online e-commerce hubs more in this ultra modern world. According to the company, the export unit will facilitate export of Patanjali swadeshi products to the UAE, the US, Cananda, Europe, South America, African countries besides others.

Business Hi and goodbye: Ken Norton Jr. won't be with 49ers, after all
Author: 0 Hi and goodbye: Ken Norton Jr. won't be with 49ers, after all

He became the linebackers coach at USC in 2004 under then-coach Pete Carroll, whom he would re-unite with once again should Seattle go through with naming him their new defensive coordinator. NFL Network's Mike Garofalo also reported the Seahawks were likely to reach out to Norton for the job. Schottenheimer's biggest challenge will be re-energizing a Seattle running game that disappeared this season.

Business UnitedHealth Group Incorporated (NYSE:UNH) Reaches a New Pinnacle
Author: 0 UnitedHealth Group Incorporated (NYSE:UNH) Reaches a New Pinnacle

UNH has diverse figures for different time frames; starting from week's performance it is bestowing negative returns of -0.04% in last five regular trading sessions. The New Jersey-based Hgk Asset Mgmt has invested 2.1% in UnitedHealth Group Incorporated (NYSE: UNH ). The investor is now holding $42.64 million shares due in part to a decrease of 450945 new shares in their portfolio.

Business Inflation eased back to 3% in December
Author: 0 Inflation eased back to 3% in December

Inflation has rocketed from 0.5 per cent since the Brexit vote in June 2016 largely as a result of the 20 per cent fall in the pound against the dollar; this has brought misery for households as prices overtook pay. "I see no reason why United Kingdom inflation will not gradually return to the very low levels which persist among our developed world peers", Brettell said.

Business Citigroup beats Wall Street estimates, but gets battered by tax reforms
Author: 0 Citigroup beats Wall Street estimates, but gets battered by tax reforms

Meanwhile the one-time write-down would do only negligible damage to its balance-sheet strength and may even have some salutary effects on the bank's relations with its investors. " Citigroup had after all a quarter much in keeping with the rest of rather a stolid year in big banking", said Ken Odeluga, market analyst at City Index.

Author: 0 Wall St Rises with Oil Prices, Earnings Optimism

Energizer announced it will acquire Spectrum's Rayovac batteries in a $2 billion deal. The Dow Jones Industrial Average fell 10.33 points, or 0.04 per cent, to 25,792.86, the S&P 500 lost 9.82 points, or 0.35 per cent, to 2,776.42 and the Nasdaq Composite dropped 37.38 points, or 0.51 per cent, to 7,223.69.