Economy


Happy Press Freedom Day, Now Stop Calling Trump a Cheeto Happy Press Freedom Day, Now Stop Calling Trump a Cheeto
- May 05, 2017

All the journalists were found to be regularly engaged on social media platforms with 95% of them engaged professionally. In Turkey for example , such laws are used against journalists and at least 145 journalists are behind bars, including 79 arrested in 2016. (more...)
Uber wants to launch flying taxis in Dallas and Dubai by 2020
- May 01, 2017

Naturally, the company is also making deals with a number of "experienced aircraft manufacturers" who are already developing electric VTOL vehicles. The burden of meeting the target, however, is not on Uber, but rather on the manufacturing partners for the VTOL vehicles. Uber is also partnering with the Dubai Road and Transport Authority to study demand in the region and work on pricing for the network. (more...)
Fox sacks Bill O'Reilly amid harassment storm Fox sacks Bill O'Reilly amid harassment storm
- May 01, 2017

Fox News is parting ways with Bill O'Reilly, who for years stood as one of cable news' most popular hosts. "When we look at data, at what programs people report watching, you just don't find people who watch Bill O'Reilly and nothing else on Fox", Cassino said. (more...)
Dr Pepper Snapple Group, Inc. Setting The Table For Earnings Dr Pepper Snapple Group, Inc. Setting The Table For Earnings
- April 30, 2017

Baystate Wealth Management LLC now owns 1,113 shares of the company's stock valued at $108,000 after buying an additional 53 shares during the period. This represents a $2.32 annualized dividend and a dividend yield of 2.52%. This is an increase from Dr Pepper Snapple Group's previous quarterly dividend of $0.53. (more...)
Price Target Analysis American Airlines Group Inc. (AAL) Price Target Analysis American Airlines Group Inc. (AAL)
- April 30, 2017

The firm presently has an "outperform" rating on the airline's stock. While looking at the SMA values of American Airlines Group Inc . Just yesterday American Airlines Group AAL (NYSE: AAL ) traded -6.88% lower at $43.83. This represents a $0.40 annualized dividend and a dividend yield of 0.91%. Price to Earning P/E ratio and Forward P/E stand at 9.21 and 7.97 respectively. (more...)
Caterpillar Inc. (CAT) Releases FY17 Earnings Guidance Caterpillar Inc. (CAT) Releases FY17 Earnings Guidance
- April 30, 2017

Caterpillar (NYSE:CAT) pays an annual dividend of $3.08 with a yield of 3.00% and an average dividend growth of 21.40% based on a 3 Year Average. The company now expects full-year earnings around $3.75 per share (excluding restructuring costs), compared to the recent estimate of $2.90 per share. (more...)
Volkswagen would consider selling Ducati to save money Volkswagen would consider selling Ducati to save money
- April 30, 2017

Reuter's unnamed sources say that VW has asked the investment bank Evercore to evaluate options for streamlining its finances - which includes the sale of Ducati , which it bought in 2012 for a reported €860 million. The position of motorcycle giants such as Honda, Kawasaki or Harley-Davidson would be unknown. Over the course of 2016, rumours abounded that the Italian motorcycle brand - acquired by Audi in 2012 - was set to be off-loaded in an effort to cover ever increasing costs brought ... (more...)
Who knew Trump would go after Canada? Who knew Trump would go after Canada?
- April 27, 2017

Lumber Trade Council. The tariff is set at 19.88 percent on the softwood lumber imports, which is the fourth largest export from Canada to the United States following oil, gas and vehicles. In a statement, he said the need for the lumber duties and Canada's dairy restriction were "not our idea of a properly functioning free trade agreement". (more...)
Police say 'minimal but necessary force' used on United passenger
- April 26, 2017

After they finally got Dao off the plane, he lay down and "claimed to be a diabetic". One quote from the documents that stands out: officers describe only using " minimal but necessary force to remove the subject". A spokesman for Demetrio told the Wall Street Journal that the police version of events outlined in the report was " utter nonsense ". Thomas A. (more...)
United says it won't use police with bumped passengers United says it won't use police with bumped passengers
- April 26, 2017

United says it increased the offer to $1,000 and didn't get volunteers. "There would have been a stampede to get off the airplane at the right price". "He said, 'I'm a doctor; I need to see patients, '" said Bridges, a civil engineer from Louisville who recorded much of the incident on his phone. "It's not a question in my opinion as to whether you overbook; it's how you manage an overbook situation", Bastian said on an earnings conference call with analysts and reporters yesterday. (more...)
RIL shares surge on Q4 results RIL shares surge on Q4 results
- April 25, 2017

Cash and cash equivalents as of March quarter were at Rs 77,226 crore compared to Rs 89,969 crore in same quarter a year ago, Reliance said. Reliance Industries shares closed 1.06 per cent higher at Rs 1,417.40 on the National Stock Exchange compared to 1.08 per cent gain in the broader Nifty. (more...)
LVMH to acquire Christian Dior brand LVMH to acquire Christian Dior brand
- April 25, 2017

Christian Dior Couture is now considered an independent affiliate of LVMH despite having the same controlling shareholder. LVMH already owns Parfums Christian Dior , while Christian Dior Couture was controlled by the family-owned Groupe Arnault. (more...)
Russian bombers escorted off Alaska coast - again Russian bombers escorted off Alaska coast - again
- April 23, 2017

No U.S. aircraft were launched to meet them. Indeed, both CNN and Fox News are sounding slight alarms over this show of force, which has been taking place as close as 35 miles from USA shores. In both incidents, the U.S. Air Force did not scramble any fighter jets or airborne warning planes (AWACS). USA officials told CNN this kind of "cat and mouse" interaction by the Russian air force is not unprecedented, but hasn't occurred since 2015. (more...)
International Monetary Fund bullish on Zim growth International Monetary Fund bullish on Zim growth
- April 23, 2017

The panel, known as the worldwide monetary and financial committee (IMFC), is set to release the final statement later on Saturday in Washington during the spring meetings of the global Monetary Fund and World Bank. "The United States is probably the most open trading market there is", Mnuchin said. "In response, the administration is undertaking an ambitious policy agenda that includes tax reform, deregulation and infrastructure investment to sustainably raise USA economic output and ... (more...)
Tina Fey long ago ripped Bill O'Reilly over sexual harassment settlement Tina Fey long ago ripped Bill O'Reilly over sexual harassment settlement
- April 23, 2017

Fox announced Thursday its resident pro-life anti-LGBTQ bigot Tucker Carlson would succeed O'Reilly . His nightly program, "The O'Reilly Factor, " generated high ratings and pulled in hundreds of millions in advertising revenues. Ailes and O'Reilly have denied the allegations. That's because Fox incorporated language in the new contract that gave the network some "outs". "After a thorough and careful review of the allegations against him, the Company and Bill O'Reilly have agreed that Mr. (more...)
Volkswagen Will Have to Pay $2.8Bln Over Emissions Cheating in US Volkswagen Will Have to Pay $2.8Bln Over Emissions Cheating in US
- April 22, 2017

Birmingham attorney Craig Hilborn asked Cox to reject the government's plea deal because it did not include any court-ordered restitution for victims and did not charge Volkswagen Group of America with a crime. "We have taken significant steps to strengthen accountability, enhance transparency and build a better company and we look forward to working closely with Mr. (more...)
Ontario set to slap foreign buyers tax to cool Toronto property market Ontario set to slap foreign buyers tax to cool Toronto property market
- April 22, 2017

The Federation of Rental-housing Providers of Ontario (FRPO) said it's disappointed and concerned with the proposed changes because they were made "without formal consultation" with the industry responsible for rental housing. I am pleased that the government will activate surplus provincial land like the West Don Lands to create new affordable housing , something I have been urging the Premier to do for some time. (more...)
Trump, Xi showdown fails to materialize at Mar-a-Lago Trump, Xi showdown fails to materialize at Mar-a-Lago
- April 20, 2017

At the G-20 meeting last September, the Chinese forced Mr. Obama to exit his plane from the rear and were less than welcoming on the tarmac, a clear and calculated snub by the protocol-conscious Chinese. Trump tweeted Wednesday: "Had a very good call last night with the President of China concerning the menace of North Korea". "The number one threat in the region continues to be North Korea due to its reckless, irresponsible and destabilizing program of missile tests and pursuit of a ... (more...)
EPA moves to undo tougher pollution limits on coal plants
- April 20, 2017

She said her organization wants to see the EPA do more to protect the East Chicago community. The private sector is set to get a big boost under this administration, and the latest talk to limit the power of the public sphere involves pushing legal consideration to outside counsel , potentially bypassing the influence of longtime EPA employees in favor of kowtowing to corporate concerns. (more...)
Trump's tax reform could be delayed thanks to defeated healthcare bill Trump's tax reform could be delayed thanks to defeated healthcare bill
- April 20, 2017

With regard to questions of currency manipulations and Trump's displeasure of a strong dollar, Mr. Mnuchin rejected the idea that the United States is heading for a showdown with global partners in a brand new currency war. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 percent in holiday-thinned trade, while Japan's Nikkei shed 0.4 percent. "The yen can not simply continue weakening along with higher stocks under such conditions". (more...)