Business

Economy Watch: Fed Chair Says Rates Will Go Up (Eventually)

Federal Reserve Chair Janet Yellen testifies before the House Finance Committee in the Rayburn House Office Building November 4, 2015 in Washington, DC. "Ther...


President Trump pushes 'America first' theme in speech at Boeing plant

The airport is directly adjacent to the Boeing plant. Tim Scott, Rep. Mark Sanford, and Rep. Joe Wilson. At the SC plant, Boeing is building the 787-10, the l...


Unilever rejects Kraft Heinz's $143B takeover bid

Unilever rejected the approach, Kraft Heinz said Friday in a statement issued in response to speculation that it had made a bid. The Pittsburgh-based company...


Crude Oil Tethered To USD53, US Inventories At Record Highs

Comparative inventory analysis suggests that the current ~$53 per barrel WTI oil price is at least $6 per barrel too high. A 3.5 million-barrel gain was forecas...


Secretary Mattis to NATO Countries: It's Time to Pay Up!

Flynn resigned this week under pressure over allegations he discussed USA sanctions with Russia's ambassador before taking office. Mattis, a retired Marine ge...


Retail inflation drops to multi-year low in January

The ONS said the rise in inflation, which measures the change in price for a wide basket of goods and services, was mainly down to pricier fuel, which went up 3...


Verizon/Yahoo to share breach liability; Discount could be $300M

According to sources, the price for Yahoo will go down by about $250 million, or a little more than 5% of the original $4.8 billion price tag. "Verizon Com...


German economy grows moderately in last quarter of 2016

It was revealed the eurozone's largest economy Germany appears to already be hit by uncertainty, with fourth quarter growth also coming in at a lower than expec...


Wall Street flat ahead of Yellen testimony

Appearing before the Senate Banking Committee, Fed Chair Janet Yellen said "waiting too long" to hike rates "would be unwise". "Changes in fiscal policy or ...


Melissa McCarthy Returns to 'SNL' as Sean Spicer

And once again, she mocked Spicer's testy relationship with the press. "When I say something wrong, you guys should know what it is I'm meaning, wrong or righ...


The Restaurant Brands International Inc. (QSR) Set to Announce Earnings on Monday

Tim Hortons had 683 US locations as of December 31, 2016, according to financial documents. The number of Burger King outlets rose 4.9%, or 495 more stores, for...


Sears, Kmart drop 31 types of Trump products

Sears Holdings, the company that owns retail stores Sears and Kmart, reportedly said this weekend that it would remove 31 Trump-branded items from its website. ...


Williamstown High School among area schools honored for high graduation rates

Delegate Rodney Miller said, "I got the privilege of making a presentation to Mr. Barnette recognizing their accomplishment for being a 90 percent graduation ra...


OPEC output cuts at record 90% compliance: IEA

Some producers, including Saudi Arabia, cut supply by more than required, however lower production was partly offset by higher flows from Libya and Nigeria, whi...


SIA to buy 39 Boeing planes valued at $19.5 billion

Jet delivery will start as early as the financial year ending in March 2021. "Today's major order for wide-body aircraft enables us to continue operating a mo...


Nokia to acquire Comptel for £295 million

Comptel, which had sales of about 100 million euros in 2016, said its board of directors, and shareholders that hold about 48 percent of the shares backed the o...


Trump Falsely Claims US Murder Rate is at Highest in 40 Years

Since we are unable to find an example of Islamist terrorism being carried out in Atlanta, we reached out to the White House's press office and asked what attac...


What to Expect When General Motors Company Reports Earnings

Analyst's mean target price for GM is $38.45 while analysts mean recommendation is 2.70. The share price of the stock surged 49.87% for the year. For current ...


Profit at Twenty-First Century Fox Beats, Revenue Falls Short

Several other institutional investors have also bought and sold shares of the company. News & Ratings Via Email - Enter your email address below to receive a co...


French election: Le Pen declares candidacy, attacks globalization

Macron's message is one of cautiously continuing to be an open country participating with the rest of Europe. No more, she vows. The election will be held on Ap...


FCC drops net neutrality investigations into AT&T, Verizon

Before being tapped by President Trump to lead the agency, Pai discussed other efforts to increase transparency, including, he said , by "establishing an FCC D...


First Quantum Computer Prototype Build in UK

In addition to the University of Sussex , other participating organizations include Google, Aarhus University, RIKEN and Siegen University. With this approach,...


U.S. Takes Steps To Review Dakota Access Pipeline

Opponents of the project, including the Standing Rock Sioux , claimed on Tuesday that Hoeven and Cramer were jumping the gun and that an environmental study ...


Construction sector loses momentum in January

The data comes after numbers out on Wednesday showed that Britain's manufacturing industry was hit by a double whammy of rising commodity prices and the weaker ...


Iranian Missile Launch 'Absolutely Unacceptable'

The implications of the warning are unclear, but Flynn pointedly criticized the Obama administration for failing "to respond adequately" to Iran's provocative b...


HMV Canada to close all 102 stores

Legal documents state that closing stores must cease operations by April 30. According to court filings, HMV Canada was losing 100,000 Canadian dollars (70,00...


EPL - Watford dent Arsenal hopes

Arsenal will look to continue their impressive form in 2017 when they take on Watford in Tuesday's Premier League clash at the Emirates Stadium , with the Gun...


Toyota Loses Top Global Automaker Crown Amid Trump Pressures on Trade

Toyota said late Sunday that it had sold 10.18 million vehicles, up 0.2%, confirming suspicions that it slipped out of the top spot. "Trump is a bigger risk ...


German Inflation Highest In 4 Years

Many other euro zone bond yields rose to multi-month highs, with Italy's 10-year bond yield hitting a 17-month high at 2.29 percent. The annual increase in re...


Trump blames airport chaos on 'tears of Senator Schumer'

Earlier today, Trump targeted Schumer on Twitter for tearing up during a news conference Sunday while discussing the travel ban. It's quite another to say tha...