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Finance

As Fed rate hike speculation eases, global stocks recover

The comments came after Boston Fed President Eric Rosengren said on Friday that low interest rates are increasing the chance of overheating the US economy. Minneapolis Fed President Neel Kashkari said "politics does not play a part" in the Fed's deliberations and that current low US inflation means there is no "huge urgency" to hike.

Finance

Judge sides with feds on temporary oil pipeline pause

The tribe claims the pipeline will damage sacred tribal sites and will affect the drinking water supply of tribal members. The demonstrators gathered at the corner of the Plaza and Paseo del Pueblo with signs and banners, drums and song, to declare their solidarity with the Camp of the Sacred Stones at the Standing Rock Sioux Tribe .

Finance

Key ruling on Dakota Access pipeline due by end of Friday

Army Corps of Engineers "gave the Tribe a reasonable and good-faith opportunity to identify sites of importance to it". A short time after the ruling , however, the U.S. ETP says the pipeline includes safeguards such as leak detection equipment, and workers monitoring the pipeline remotely in Texas could close block valves on it within three minutes if a breach is detected.

Finance

Alberta's unemployment rate dips slightly - to 8.4 per cent - in August

Job creation didn't keep up with the 42,700 people who entered the labor force last month, so the unemployment rate climbed to 7 percent from 6.9 percent. The number of self-employed workers slipped by 39,100. The number of professional, scientific and technical services jobs fell by 23,000 and business, building and other support services decreased by nearly 9,000 jobs.

Finance

Brexit exports boost shrinks trade gap to £4.5bn

He said hopes were pinned on the weakness of the pound encouraging a long-term increase in exports. That gap is smaller thanks to the United Kingdom consistently running a surplus in trade in services, an area covering businesses such as financial and legal services.

Finance

Malaysia-bound AirAsia X plane ends up in Melbourne

In a statement obtained by CNN , AirAsia X said all aircraft have been equipped with upgraded flight management systems since the incident. The problem actually began with faulty earmuffs, which prompted the pilot and first officer to swap their usual pre-flight checks.

Finance

Australia's economy has grown for 25 years straight

But he also warned against complacency if Australia wanted the growth to continue. The terms of trade (export prices as a proportion import prices) have stabilised and appear to be turning up, exports are climbing and business investment may be about to bottom, having already turned up in the non-mining states.

Finance

HP Enterprise nears deal to sell software division

Amazon.com, Inc. (NASDAQ:AMZN) now has mean rating of 1.9 while 27 analyst have recommended the shares as "BUY", 13 commented as "OUTPERFORM" and 5 commented as "HOLD". The mean price target is calculated keeping in view the consensus of 21 brokerage firms. Along with the flat PC sales and a decline in printing revenue, HP reported a quarterly profit of 49 cents a share, on revenue of $11.9 billion, compared with earnings of 39 cents a share on $12.4 billion in sales a year ago.

Finance

Giant pandas are no longer 'endangered,' but still 'vulnerable'

In 2014, a census report found that 1,850 giant pandas are living the wild in China. Ever since its inception in the 1960's, pandas have been on the IUCN's Red List of endangered species ever since its inception in the 1960's due to habitat loss and poaching threats in their native China.

Finance

State Releases Decisions on Health Insurance Rate Increases

The 19 counties dropping to one insurance provider include Muskingum County - Ohio's 31st largest by population - along with Coshocton, Crawford, Knox, Morgan and Perry counties. Do you have ObamaCare? CT officials pared a proposed 27.1 percent average increase for individual plans offered by ConnectiCare on the state's health insurance exchange to 17.4 percent.

Finance

An emotional Bill Clinton eyes possible exit from foundation

If these are not sufficient reasons to disqualify Hillary Clinton from the office she seeks, then 2 X 3 = 7, and God help us. Again, none of the actions described by Politico could trigger legal action, but don't be surprised if political opponents use these findings to criticize Hillary Clinton's presidential run.

Finance

Pending US home sales strengthened in July

Pending sales last month increased 7.3% in the West, 0.8% in the Northeast and 0.8% in the South, while sales tumbled 2.9% in the Midwest. In developing the model for the index, it was demonstrated that the level of monthly sales-contract activity parallels the level of closed existing-home sales in the following two months.

Finance

Youngstown Police: Suspect tried to run man, pregnant woman over

He said earlier that week, Perry threw eggs at his house and scratched his vehicle. Perry stopped the news vehicle, carried the woman out of the burning sports auto and gently set her down on the pavement. You're going to be safe. The reporter with him grabbed the camera and started recording. The woman appeared confused but did not seem severely injured.

Finance

Circle K to buy, rebrand 53 Louisiana Cracker Barrel convenience stores

On Monday, the company, which runs the largest number of company-operated convenience stores in the U.S, also announced an acquisition of 53 stores and fuel retailers under Louisiana's Cracker Barrel banner for an undisclosed price. Alimentation Couche-Tard Inc. saw revenue slip by more than 6 per cent in the first quarter on lower fuel average selling prices and a higher US dollar, among other factors.

Finance

US consumer confidence up sharply in August

Conference Board says that its consumer confidence index rose to a reading of 101.1, up from 96.7 in July. Economists said this supported views by Federal Reserve officials that the jobs market was either at or near full employment. Consumers who regarded jobs as "plentiful" increased from 23 percent to 26 percent, although those who felt jobs were "hard to get" also rose slightly from 22.1 percent to 23.4 percent.

Finance

Larson takes advantage of late restart for first Cup victory

The next Sprint Cup Series race is Sunday at the Southern 500 at Darlington (S.C.) Raceway. Larson , who was making his 99th Cup start, beat NASCAR rookie Chase Elliott (Chevrolet) to the checkered flag, with Rochester Hills native Brad Keselowski (Ford) third.

Finance

Feds Clear Commercial Drones for Takeoff: What You Need to Know

For example, a pressing topic that isn't included in the new rules is how federal agencies are going to regulate and ensure the protection of privacy. The rule, known as Part 107 , means drone operators will no longer need to go through the FAA exemption process to use small UAS for a range of commercial operations and activities that are not for a hobby or recreational goal.

Finance

Fiona is holding as tropical depression in the Atlantic

An Air Force Reconnaissance aircraft sent to check out the wave found winds to tropical storm force in a few squalls near the northernmost Leeward Islands. However, it is still not out of the question for the storm to get pulled into the southeastern United States or for it to move up the East Coast. Overall, 6- or 7-day forecasts of tropical cyclone location and intensity are "generally not very good", according to Penn State University meteorologist Jon Nese.

Finance

Bear of the Day: DaVita HealthCare Partners (DVA)

Zacks Investment Research's price objective would suggest a potential upside of 9.07% from the stock's previous close. Twitter Inc (NYSE:TWTR) traded 47.5 Million shares on last trading day with closing price of $19.00. The analysts have 1.75 rating on DaVita healthCare Partners Inc . The Corporation has average brokerage recommendation (ABR) of 2 based on consensus of the brokerage firms issuing ratings.

Finance

Amy Schumer shares snap of her bruised ribs

So it's only natural - but still a wonder - that Schumer, who exposes her life to the public nearly as a public service, would take advantage of the increasingly sensitive Stern platform to talk candidly about being sexually abused. "I got bronchitis and I was, like, exhausted so I was in the hospital [and] we had to stop shooting for a week". On Aug. 13, "Trainwreck" star Schumer tweeted she had just finished production on her next feature, an untitled mother-daughter adventure comedy.

Finance

Pfizer nears deal to acquire Medivation for close to US$14b

Perhaps the most notable example is AbbVie Inc's (ABBV.N) $21 billion purchase previous year of Pharmacyclics. Xtandi was approved four years ago to treat men who had failed to benefit from prostate cancer treatments. "The product is just at the beginning of its growth cycle", Read predicted. Pfizer said Monday that it will pay $81.50 per Medivation share. Researchers also are studying Xtandi as a possible treatment for earlier-stage prostate cancers.

Finance

The Lamborghini Centenario Roadster Is $2.3 Million of Beautiful Absurdity

Top speed is more than 217 miles per hour just like the coupe. "Well, if someone in Hollywood wants one, and they haven't already purchased one, they're out of luck as all 20 examples sold out many moons ago". The Centenario Roadster comes clad in a new matte silver developed specifically for it. Lamborghini calls it "Argento Centenario". Lamborghini will start delivering the Centenarios this fall, reported Automobile .

Finance

These challenges lie ahead for the new RBI Governor Urjit R Patel

He was reappointed in January for another three years as deputy governor in charge of monetary policy, a department he has run since 2013 after first being appointed by a Congress-led government. A Ph.D.in economics from Yale University (1990) and MPhil from Oxford (1986), he was a non-resident Senior Fellow at the Brookings Institution from 2009 to 2011.

Finance

Opec oil export revenue seen falling another 16 per cent this year

The U.S. Energy Information Administration early Wednesday reported that domestic crude supplies declined (http://www.marketwatch.com/story/oil-futures-cut-losses-after-eia-reports-larger-than-expected-decline-in-us-crude-supplies-2016-08-17) by 2.5 million barrels in the week ended August 12.

Finance

Macy's to shut more stores

But things have been rocky lately: First, the brand closed 15 stores in 2015. The Macy's move is the latest in a wave of store closures amid the rise and success of Amazon and other e-commerce options. So prepare to click your way through shopping from now on. Under Lundgren, Macy's has been looking for opportunities to boost sales, from buying upscale beauty brand Bluemercury to launching its own off-price stores called Macy's Backstage.

Finance

Research Report for: Wal-Mart Stores, Inc. (NYSE:WMT)

Sales at stores open at least a year, a key financial measurement for retailers, were also up 1.6%, the eighth quarter in a row of growth. Total revenue rose 0.5 percent to $120.9 billion. CSCO EPS growth this year and EPS growth next year is 17.40%, 4.55% respectively. Previously for the quarter ended on 1/2016, Wal-Mart Stores, Inc.

Finance

Aetna to Cut Nearly 70% of Obamacare Plans

Mr. Bertolini is still strongly supporting individual exchanges and has expressed to further evaluate the company's participation in them. Aetna , the nation's third-largest insurer, announced plans late Monday to leave almost 70 percent of the counties nationwide where it now sells Affordable Care Act policies, saying it's been swamped with higher than expected costs.

Finance

Russian Federation eyeing oil freeze deal with Saudis

Talks on a production freeze deal between Russia, OPEC, and other oil producers failed in April, after Saudi Arabia said Iran should also be included in the negotiations. A weaker dollar also supported crude prices, as did the loss of more than 700,000 barrels per day (bpd) in Nigerian output to militant attacks and pipeline problems.

Finance

OH to appeal order in Planned Parenthood case

Although Ohio Attorney General Mike DeWine says he will appeal the ruling, many health advocates are breathing a sigh of relief. But the funds in question weren't for abortion, but for programs including cancer screenings, STD prevention, reduction of infant mortality, and sexual health education.

Finance

US stock indexes edge lower as investors weigh economic data

Crude oil jumped as much as 5 per cent on comments from the Saudi oil minister about potential action to stabilise prices and an International Energy Agency forecast that crude oil markets would rebalance in the next few months. West Texas Intermediate for September delivery rose $1.78 to settle at $43.49 a barrel on the New York Mercantile Exchange. This claim is also supported by the recent discovery that United States stock trading volumes have been parked below the 2016 average for the ...

Finance

Soybeans, Corn Close Mixed as Traders Skeptical of Bearish WASDE Report

The soybean harvest is projected at 4.06 billion bushels with an average yield of 48.9 bushels an acre. Corn prices also edged up with the market expected to be choppy in the run-up to the USDA report on Friday which will include a forecast for USA yields this year.

Finance

Stock markets, commodities head higher amid positive United States employment data

The Standard & Poor's 500 index slipped 6.25 points, or 0.3 percent, to 2,175.49. The S&P 500 fell 0.3% to 2175, while the NASDAQ lost 0.4% to 5205. The chain is scheduled to release earnings early Friday. The dollar .DXY was 0.5 percent weaker against a basket of currencies. The company also said it will return more cash to shareholders by taking on new debt to buy back stock.

Finance

India has huge potential for cloud services: Alibaba

The e-commerce company-cum-cloud provider is offering to help foreign firms sell their products in China while complying with local regulations, Bloomberg reported. "The AliLaunch program and Global Technology Partners Marketplace serve as the flawless platforms for making different software products accessible to businesses and organizations in China", Yu said.

Finance

OPEC keeps pumping oil at full bore, output up again

Non-OPEC member Russian Federation, the world's largest oil producer, opened the door to joining the "informal" meeting. Oil prices rose as much as 1 per cent on Wednesday in anticipation the USA government would report a weekly drop in crude and gasoline stockpiles, tempering glut worries heightened by Saudi Arabia's record high oil output.

Finance

Aide says Chris Christie 'flat out lied' about Bridgegate

The new details were revealed in a document filed in New Jersey federal court by Bill Baroni, former deputy executive director of the Port Authority of NY and New Jersey, who is one of two former Christie allies facing criminal charges in the case.

Finance

South African court bars strike at power utility Eskom

Eskom provides most of South Africa's power, but it is not immediately clear how the strike will affect consumers. ESKOM said on Monday the start of a wage strike had not yet affected operations at its 27 power stations. The unions' demands include a wage increase of between 8.5% and 10%, while Eskom is now offering between 7% and 9%. He added that Eskom did not feel that negotiations had collapsed.

Finance

Delta says 90 more flight cancellations; others predict more

On Tuesday, about 800 flights were canceled, less than the 1,000 flights canceled Monday. Delta fliers faced delays, cancellations and more headaches Wednesday as the Atlanta-based airline struggled with its computer systems for the third straight day.

Finance

Protestors removed from Donald Trump economic speech in Detroit

The American people were sick of hearing about Hillary Clinton's emails when Bernie Sanders expressed those same feelings months ago during a Democratic presidential debate. "First of all , we know that his wife had a green card before she met him", the former House Speaker said. "How do we get back to a healthy rate of economic growth which we haven't had in a decade?" The FBI has said there is no evidence that Clinton's emails were hacked due to her use of a private account and ...

Finance

Man with dad's heart walks bride down the aisle

Thomas placed the bride's hand to his wrist. She says she's so thankful her dad was there both in spirit and a piece of him physically as well. Tom received Michael's heart after his death. Jeni exclaimed "the whole family is here now" when Arthur arrived and said that having this man she had never met present was exactly what she needed on her wedding day.

Finance

Gove bids to be Tory 'candidate of change'

Months of protestation and denial, it seems, were little more than a ruse. But fail it did not, and now, just one week after the historic vote, Mr Cameron's soon-to-be-empty chair is firmly in Mr Gove's sights. Party chief Jeremy Corbyn is under intense pressure to resign after losing a confidence vote among his lawmakers. Her six years as Britain's interior minister, considered one of the toughest jobs in politics, gives her credibility to deal with the European Union on the issue of ...