Economy


Why It's Important That Delta Cuts Capacity Why It's Important That Delta Cuts Capacity
- April 08, 2017

The current Zacks consensus target price on shares of Delta Air Lines , Inc. Morgan Stanley reiterated an "overweight" rating on shares of Delta Air Lines in a research report on Saturday, January 7th. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new position in Delta Air Lines during the fourth quarter worth approximately $1,173,000. (more...)
Russia releases footage of Syrian air base after US strike Russia releases footage of Syrian air base after US strike
- April 08, 2017

Shayrat Airfield in Homs, Syria is seen in this DigitalGlobe satellite image on February 18, 2017 and released by the U.S. Defense Department on April 6, 2017 after announcing U.S. Trump was of the opinion that the U.S. should launch a surprise attack against Syria if it had to. "No child of God should ever suffer such horror", he said. (more...)
Minister: Iraq to boost crude oil production by year's end
- April 07, 2017

Iraq holds the world's fourth largest oil reserves. Global benchmark Brent crude had risen 63 cents to $54.80 a barrel by 1000 GMT. Analysts had expected a decrease of 435,000 barrels, and the build reported by the Energy Information Administration came as a double surprise after trade group the American Petroleum Institute (API) reported a 1.8 million-barrel draw late on Tuesday. (more...)
Apple, Google's joining Toshiba bid lowers SK hynix' chance Apple, Google's joining Toshiba bid lowers SK hynix' chance
- April 07, 2017

Currently, there are 10 bidders including the world's third largest NAND flash maker Western Digital, Korean chipmaker SK hynix, Taiwanese tech firm Hon Hai and United States chipmaker Broadcom. In January, the company revealed it would sell a portion of its flash memory business, including the SSD business of the Storage & Electronic Device Solutions Division, to Western Digital. (more...)
NY misses budget deadline as negotiations carry into April
- April 07, 2017

The language states that $14 million will be allocated in January 2018 and the $55 million will be allocated at the beginning of the fiscal year on April 1, 2018. The Governor's statement cited the "extraordinary times in our state and country" as reason for the reprieve, but he warned that if no agreement was reached by the end of the weekend, he would be issuing emergency extender legislation. (more...)
Trump Signs Bill Nixing FCC's Broadband Privacy Rules
- April 05, 2017

President Donald Trump rescinded a rule requiring internet service providers to seek subscribers' permission before using their web browsing history for marketing, handing broadband providers a victory and giving Democrats a campaign issue. (more...)
Georgia native Henley books Masters berth with Shell Houston Open triumph
- April 04, 2017

Having carved his drive way right Fowler looked to have saved a potential disaster when he found the back of the green with his second but he took four putts to hole out and the double bogey six dropped him back to 14-under and outright second. (more...)
U.S. oil production rose 60000 barrels a day in January, EIA says
- April 04, 2017

Additionally, refineries boosted the amount of crude they processed by the most in nearly three years. They slid last week to the lowest since November as American supply gains countered output cuts by other producers. The main reason for the extension is rising US shale production, which last week hit 9.13 million barrels daily. The nation cut crude output by an average 202,000 barrels a day in March, according to the Energy Ministry. (more...)
EPA denies petition to ban pesticide used on crops
- April 03, 2017

Environmental groups challenged that decision. The hazards of chlorpyrifos exposure in children led the EPA to ban it from most household products, like pet "flea bombs" and lawn sprays, in 2000 . U.S. farms use more than 5 million pounds of the chemical each year - about 25% of it in California. This proposal was issued in response to a petition from the Natural Resources Defense Council and Pesticide Action Network North America . (more...)
European Union wants 'progress' on Brexit divorce before talks on new ties European Union wants 'progress' on Brexit divorce before talks on new ties
- April 03, 2017

Speaking Friday at a press conference in Malta, Tusk said coming negotiations over two years on Britain's exit will be "difficult, complex and sometimes even confrontational". In response, a spokesperson for the United Kingdom government said: "These are draft guidelines and we look forward to beginning negotiations once they have been formally agreed by the 27 member states". (more...)
Snapchat now lets you search across over 1 million Stories
- April 02, 2017

Now, users can type in "puppies" or "Fashion Week" and call up video Stories related to the topics. More than one million public Stories - which are chronological slideshows featuring videos and photos created by Snapchatters that disappear after 24-hours - will soon be viewable to all users. (more...)
EPA reverses course on safety of pesticide used on crops EPA reverses course on safety of pesticide used on crops
- April 02, 2017

After his agency's scientists sounded a clear signal of these harm, Scott Pruitt, the new administrator of the US Environmental Protection Agency , chose not to ban the chemical. The petition dated back to September 2007, when the Pesticide Action Network North America and the Natural Resources Defense Council requested a ban of the common pesticide on the basis of concerns over its toxicity. (more...)
3 arrested in Atlanta interstate fire, collapse
- April 02, 2017

As the fire raged on Thursday, the black smoke was so thick by the bridge in the heart of Atlanta that area residents told local reporters they thought a storm was coming or that the sun had set early when the fire started at around 6 p.m. (more...)
Country-Themed Party Ideas That Are Perfect For The ACM Awards
- April 02, 2017

Other nominees for Songwriter of the Year at the 2017 ACM Awards, in addition to McKenna and Lindsey, included Shane McAnally, Luke Laird and Ashley Gorley. Appropriately clad in flannel and denim, Bryan and Bentley strummed their guitars and brought their best country twang to pay tribute to the late country legend Wednesday night (March 29). (more...)
Trump Declares War on Highest Rated Conservatives in Congress Trump Declares War on Highest Rated Conservatives in Congress
- March 31, 2017

Trump's tweet warned Republicans that the group of about 30 congressman congressmen that they will hurt the party's agenda if they don't get in line, and urged a fight against them, along with Democrats, in the midterms. They have also taken a stand knowing that while Trump is popular in their districts, they are equally so. But some Republicans seemed emboldened by the White House's prodding: Grand Rapids businessman Brian Ellis challenged Amash to a primary in 2014 and said Thursday he ... (more...)
CIBC raises offer for PrivateBancorp to about $4.9 billion CIBC raises offer for PrivateBancorp to about $4.9 billion
- March 31, 2017

CIBC said it offered about $4.9 billion in cash and stock, up from the earlier $3.8 billion offer. The higher bid shines a light on CIBC's desire to diversify into the US market, yet highlights investor worries about whether the bank might be paying too much for the asset. (more...)
Oil edges up on Libya disruptions, but bloated US market still weighs
- March 31, 2017

USA industry data on Tuesday was said to show crude inventories climbed last week, and a government report Wednesday is also forecast to show stockpiles expanded. Total inventories were at a record of almost 534 million barrels, the Energy Information Administration (EIA) said on Wednesday.Gasoline stocks USOILG=ECI fell 3.7 million barrels, compared with expectations for a 1.9-million barrel drop. (more...)
Venezuela high court to take over National Assembly duties
- March 31, 2017

Maduro has blocked several opposition-led initiatives in Congress, including a drive to recall his mandate, cutting short the euphoria that enveloped Venezuela in December 2015 when the socialist government lost its legislative majority for the first time in 16 years. (more...)
Let's stop biggest gas tax hike in California history Let's stop biggest gas tax hike in California history
- March 31, 2017

The plan also raises vehicle fees, including a first-time fee for hybrid vehicles. Owners of electric cars would not escape this fee, they would pay a $100 annual fee because they use the roads, but don't pay gas taxes. Supporters, including Senate President Pro Tem Kevin de León, D-Los Angeles, said they believe they can work out agreements with unconvinced lawmakers. (more...)
European markets open higher as Britain prepares to pull Brexit trigger
- March 30, 2017

She said: "Only when these questions are cleared up can we subsequently - but hopefully soon - talk about our future relationship". It's the latest repercussion of a vote that shocked many and forced the resignation of Prime Minister David Cameron last summer. (more...)