Business

Business 'Brexit talks to start as scheduled despite losing parliamentary majority'
Author: 0 'Brexit talks to start as scheduled despite losing parliamentary majority'

Leader of Northern Ireland's Democratic Unionist Party ( DUP ) Arlene Foster and Deputy Leader Nigel Dodds arrive at 10 Downing Street in London , for a meeting with Britain's Prime Minister Theresa May , Tuesday June 13, 2017 . Her failure to win a majority has put May under pressure over her Brexit plans from inside and outside her party and has prompted complaints about her choice of partner due to the DUP's stance on social issues such as gay marriage.

Author: 0 Oil prices struggle on doubts OPEC can rein in oversupply

Such a move would have pushed the market into backwardation, when near-term prices are higher than those for later months, he said. This has made crude benchmarks lost all the gains after the OPEC chose to cut output in an effort to prop up prices.

Business Facebook deploys AI to fight terrorism on its network
Author: 0 Facebook deploys AI to fight terrorism on its network

This new emphasis from Zuckerberg has followed uproar over Facebook's role in the proliferation of false news accounts during the US election campaign previous year, as well as the spread of extreme content, such as videos of murder, posted to Facebook.

Business 'Soup Nazi' company files for bankruptcy
Author: 0 'Soup Nazi' company files for bankruptcy

The company has assets of less than $10 million, and estimated debts that could total $50 million. Soupman Inc., a New York-based soup company that gained traction due to the TV show Seinfeld , has recently filed for bankruptcy. Soupman has filed for bankruptcy in the States. Al Yeganeh outside his business, Soup Kitchen International, in NY in 1997. The law firm of Polsinelli is handling the Chapter 11 case, and Michael Wyse has been named the company's chief restructuring officer.

Business Steel Stocks Sink On Q2 Warning; Will Trump Come To The Rescue?
Author: 0 Steel Stocks Sink On Q2 Warning; Will Trump Come To The Rescue?

First Personal Financial Services increased its position in Nucor Corporation by 3.9% in the third quarter. Visionary Asset Management Inc. now owns 58,270 shares of the basic materials company's stock valued at $2,881,000 after buying an additional 1,444 shares during the period.

Author: 0 Mueller investigating Trump for obstruction of justice

Trump had received private assurances from former FBI Director James B. Comey starting in January that he was not personally under investigation. The letter said the investigation will also probe Comey's testimony that Loretta Lynch, as President Barack Obama's attorney general, had directed him to describe an FBI probe into Hillary Clinton's email practices as merely a "matter" and to avoid calling it an investigation.

Business Trump under investigation for obstruction of justice
Author: 0 Trump under investigation for obstruction of justice

In appointing Mueller last month, Rosenstein said that the "public interest requires me to place this investigation under the authority of a person who exercises a degree of independence from the normal chain of command". White House spokeswoman Sarah Huckabee Sanders said last week she wasn't aware of whether the White House had any kind of taping system and suggested reporters check with the Secret Service on any security-related questions.

Business Greece: Debt deal gives clarity to markets
Author: 0 Greece: Debt deal gives clarity to markets

Mr Dijsselbloem said at the conclusion of the meeting of the eurozone's 19 finance ministers on Thursday that an agreement was forged "on all elements". Greece has pushed through the necessary reforms needed for lenders to unblock roughly 8.5 billion euros ($9.5 billion) in loans needed to pay debts and have a cash buffer, euro zone leaders agreed.

Author: 0 United Dominion Realty Trust, Inc

UDR's SI was 6.50M shares in June as released by FINRA. Presima accumulated 2.07% or 595,775 shares. The SI to Contravir Pharmaceuticals Incorporated's float is 8.37%. The stock of Summit Hotel Properties Inc (NYSE:INN) has "Buy" rating given on Thursday, March 10 by Janney Capital. Investors sentiment increased to 0.95 in Q4 2016.

Business London fire death toll at 17; 'miracle' if anymore survivors
Author: 0 London fire death toll at 17; 'miracle' if anymore survivors

Special arrangements were made to allow MPs to debate the tragedy despite Parliament being suspended. One officer was in tears after seeing someone plunge out a window, Fire Commissioner Dany Cotton told Sky News. "Every single person living in a high-rise building today will be frightened, will be traumatised and will be very, very anxious". The system was installed to improve the thermal efficiency of the building and improve its appearance.

Author: 0 Senate Panel Meets With Special Counsel Robert Mueller in Russia Probe

The office of the director of national intelligence and Mr Ledgett declined to comment, the Post said. Comey would not say in his testimony last week whether he thought the president sought to obstruct justice, but added it would be up to special counsel Mueller "to sort that out".

Author: 0 Reports say Mueller probe now examining possible obstruction

Until now, Mueller had drawn widespread praise from Republicans and Democrats alike. The Justice Department's special-counsel investigation into Russia's meddling in the 2016 USA presidential election is now also reportedly examining whether President Donald Trump attempted to obstruct justice.

Business Verizon Completes Yahoo Deal, Marissa Mayer Exits
Author: 0 Verizon Completes Yahoo Deal, Marissa Mayer Exits

The assets Verizon gained in the almost $4.48 billion buy will be combined with the AOL business Verizon previously acquired to create Oath , a new combination of media and tech brands, said the release. "I'm really sad to see the end of Yahoo as an independent company", says Tapan Bhat, a former senior vice president at Yahoo . Oath is expected to boost Verizon's presence in the mobile and online video space which is dominated by Google and Facebook .

Business Nike to slash 1400 jobs, cut sneaker styles in shakeup
Author: 0 Nike to slash 1400 jobs, cut sneaker styles in shakeup

Against that backdrop, Nike's closely watched futures orders fell 1 percent - the first drop since 2009. Van Hulzen Asset Management LLC boosted its stake in Nike by 27.7% in the third quarter. If you are reading this report on another domain, it was copied illegally and reposted in violation of United States & global copyright and trademark legislation.

Business Judge: Redo part of analysis for Dakota Access pipeline
Author: 0 Judge: Redo part of analysis for Dakota Access pipeline

He'll consider later whether the pipeline must halt operations in the meantime. Energy Transfer Partners , one of the companies that owns the pipeline, downplayed the ruling . Boasberg found that the Trump reversal was well within the scope of the law. The case is Standing Rock Sioux Tribe v. U.S. Army Corps of Engineers, 16-cv-01534, U.S.

Business Jury deadlocked in Bill Cosby trial
Author: 0 Jury deadlocked in Bill Cosby trial

Cosby's spokesman, Andrew Wyatt, told reporters outside the courthouse that the jurors understand "the facts of this case don't add up". He did not give a time limit for deliberations. One of them, Lili Bernard, burst into tears on Thursday after getting into an argument with a Cosby supporter outside. "I said 'I trust you.' I took the pills and I swallowed the pills down".

Business Asian shares fall after Fed rate hike, tracking Wall St lead
Author: 0 Asian shares fall after Fed rate hike, tracking Wall St lead

KEEPING SCORE: Germany's DAX fell 0.9 percent to 12,690 while the CAC40 of France sank 1.1 percent to 5,188. The US Federal Reserve last night raised interest rates by a further 25 basis points, its second hike of the year, but given the slowing economic data, investors are split on whether a third increase will be seen this year.

Author: 0 Sell-Side Research on VEREIT, Inc. (VER), Park Hotels & Resorts Inc. (PK)

Company shares have been seen trading -5.45% off of the 52 week high and 180.40% away from the 52 week low. The company has a 50-day moving average price of $8.07 and a 200-day moving average price of $8.45. Additionally on 4/26/17 Evercore ISI Group "Initiates Coverage On" Vereit Inc (NYSE:VER) to In-Line setting price target at $9 and on 1/09/17 JMP Securities "Upgrades" the stock to Market Outperform at $0.

Author: 0 You're making me nervous: Jeff Sessions to Senator Kamala Harris

Members of the Senate Intelligence Committee neglected to ask Jeff Sessions whether or not President Donald Trump has requested loyalty. And Sessions refused to talk about private conversations President Trump. There's a viral photo showing Attorney General Jeff Sessions and Russian Ambassador Sergey Kislyak together on a day Sessions claims the two never met.

Author: 0 How Analysts Feel About Magnachip Semiconductor Corp (NYSE:MX)?

The number of shares traded in the last trading session was 5.85 Million. Cna Financial Corp (NYSE:CNA) has risen 43.26% since June 14, 2016 and is uptrending. The firm earned "Buy" rating on Friday, August 7 by Topeka Capital Markets. Wells Fargo initiated the shares of FL in report on Thursday, November 19 with "Outperform" rating.

Business Yellen says she hasn't asked Trump for 2nd term
Author: 0 Yellen says she hasn't asked Trump for 2nd term

Because of that, it also announced it would unwind its US$4.5 trillion balance sheet. Like the Bank of England in the United Kingdom, it embarked on a buying spree during the crisis to boost the economy by electronically creating new money to buy the bonds and securities.

Business US Bancorp raises prime lending rate to 4.25% from 4%
Author: 0 US Bancorp raises prime lending rate to 4.25% from 4%

The Fed has announced that at some point this year it is likely to begin the process of gradually reducing its massive holdings of USA treasuries and mortgage backed securities, now worth $4.5 trillion. The Fed has now raised rates four times as part of a normalisation of monetary policy that began in December 2015 . In fact, he could nominate five of the 12 positions on the central bank's all powerful committee that votes on rate hikes.

Author: 0 Would You Buy Eaton Corporation, PLC (NYSE:ETN) On These Analyst Ratings?

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Eaton Co., PLC by 2.3% in the first quarter. The firm also recently declared a quarterly dividend, which was paid on Monday, May 15th. Investors of record on Friday, April 28th were given a $0.28 dividend.

Business Natural gas built Qatar, now may protect it in Gulf dispute
Author: 0 Natural gas built Qatar, now may protect it in Gulf dispute

Saudi Arabia's King Salman has spoken to Russian President Vladimir Putin just days after Qatar's foreign minister was in Moscow to discuss the crisis in Gulf ties. The government's announcement that supporting Qatar on social media will be treated as a cybercrime, with a possible 15-year penalty, also dominated headlines.

Author: 0 Game on: Tragedy won't stop congressional baseball game

He said Mr Scalise was "badly injured " but in stable condition, adding that two of the wounded were congressional staffers. Scalise was one of a number of people practicing at the field ahead of tomorrow night's Congressional Baseball Game at Nationals Park.

Business United Kingdom inflation rate rises to 2.9%
Author: 0 United Kingdom inflation rate rises to 2.9%

The Labor Department said consumer prices edged down 0.1 per cent last month following a small 0.2 per cent increase in April. The pound, which had risen around 0.3% against the USA dollar since yesterday's close was little-changed at 1.2708 following the data release, which is certain to raise questions over the Bank of England's tolerance for faster consumer price increases when matched against a slowing economy when it meets Thursday in London .

Author: 0 Turkey's Erdogan slams isolation of Qatar: 'It is inhumane and un-Islamic'

Saudi Arabia and several other countries have severed ties to Qatar and moved to cut off land, sea and air routes to the energy-rich nation that is home to a major US military base, accusing it of supporting regional terror groups. He said millions of Pakistanis were working in Saudi Arabia, UAE, Qatar and other Gulf countries; drop in oil prices is causing macroeconomic instability.