Markets

North Korea celebrates as South Korea, US keep watch

The U.S. employs about 1,066,600 soldiers. North Korea's leader Kim Jong Un cuts a ribbon during a ceremony in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang on April 16, 2017. A rapid tempo of North Korean weapons testing in the past year has pushed Kim Jong Un's authoritarian nation closer to developing a nuclear-tipped missile that could reach the US mainland. Read More

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New video, audio shows moments before United Airlines dragging scandal

In aviation officers' version of events, Dao then "started swinging his arms up and down fast and violently" after an officer, identified as James Long , attempted to pull Dao from his seat. It was later discovered that Dao had a concussion, a broken nose, a sinus injury and lost two front teeth, The Tribune reported . According to an official statement , Long was placed on administrative leave for "violation of city police rule" and for "conduct involving job performance or substandard ... Read More

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Trump declares 20% tariff on Canadian softwood lumber

Premier Christy Clark and cabinet ministers are interrupting their election campaign to respond to the U.S. Commerce Department's decision to impose duties of about 20 per cent on Canadian lumber exports. Ross said some Wisconsin dairy producers were now "losing their farms" because of the restrictions. A White House official verified the comment, which also was reported in a tweet by Trey Yingst, a White House correspondent for One America News. Read More

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LVMH, Arnault to simplify Christian Dior business structure

LVMH, Arnault to simplify Christian Dior business structure

Designer Christian Dior founded the House of Dior in 1946, with backing from businessman Marcel Boussac. Christian Dior Couture is now considered an independent affiliate of LVMH despite having the same controlling shareholder. They said the full acquisition of Dior will also boost LVMH earnings from the first year, with the transaction expected to be complete during the second half of 2017. Read More

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Trump Heads into Tough Week with Budget, Health Care Battles

Republicans and Democrats have until Friday to agree on a funding package to keep the federal government open until September 30, when the 2017 federal fiscal year ends. The White House also accused Democrats of "holding national security hostage" by refusing to allow $1.5bn (€1.37bn) funding for the wall. Asked recently by the Associated Press whether he would sign a bill without border funding, Trump replied: "I don't know yet". Read More

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Russian planes detected off Alaska 4 times this week

Russian planes detected off Alaska 4 times this week

Two Tu-95 nuclear-capable Bear bombers and two IL-38 maritime patrol aircraft were spotted off the coast but remained outside of U.S. airspace on Wednesday and Thursday. On Wednesday, a Russian IL-38 maritime patrol and anti-submarine plane was spotted in the same area, and was followed by American planes. As tensions threaten to reach boiling point over North Korea and Syria, Russian aircraft have been seen flying along the coastline of USA ally Japan four times this month. Read More

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Finance leaders downplay differences with Trump over trade

Finance leaders downplay differences with Trump over trade

Instead, Mnuchin said that "we will continue to promote an expansion of trade with those partners committed to market-based competition, while more rigorously defending ourselves against unfair trade practices". At the same time, "while the outlook is improving, growth is still modest and subject to heightened political and policy uncertainties". The IMF has flagged rising protectionism and possible trade wars as a threat to the global economic recovery just when it is finally gaining ... Read More

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H1B visa issue will lead to layoffs in IT: Assocham

H1B visa issue will lead to layoffs in IT: Assocham

The President also asked his top officials to suggest reforms to help ensure that H-1B visas were awarded to the most-skilled or highest-paid beneficiaries. A majority of them work in the tech sector - some for US firms, others for Indian outsourcing companies such as Tata Consultancy Services and Infosys, who provide services for huge swathes of corporate America. Read More

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Bulls Remain Optimistic About EBay Inc Stock

Bulls Remain Optimistic About EBay Inc Stock

In other news, SVP Stephen Fisher sold 16,601 shares of eBay stock in a transaction that occurred on Wednesday, February 22nd. The stock had gained 14 percent this year through Wednesday. Its sales growth figures are still lagging behind the e-commerce industry and it is not yet successful in bridging the gap with Amazon, which it is targeting as its biggest competitor. Read More

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Ontario brings in foreign housing tax to cool Toronto market

Ontario brings in foreign housing tax to cool Toronto market

Mr Tory says, "Vancouver recently implemented a vacant-home tax". If legislation passes, the tax would be effective retroactively to April 21. "We are looking at a vacant home tax and whether that could ensure real estate in Toronto is first and foremost as it should be, a place to live, and as an investment second", the mayor said at a joint press conference with Morneau and Sousa. Read More

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Xi, Trump pledge to expand mutually beneficial cooperation

Xi, Trump pledge to expand mutually beneficial cooperation

Secretary of State Rex Tillerson said the US and China "agreed to increase cooperation and work with the global community to convince the DPRK to peacefully resolve the issue and abandon its illicit weapons programs". "We did begin those discussions today, but I would just emphasize there was a lot going on in two days". "That's one of the things we are going to be talking about". Read More

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French candidates boost security ahead of tense vote

French candidates boost security ahead of tense vote

A former Socialist Party member and founder of the Left Party, Melanchon created the Unsubmissive France movement early a year ago, under which he is now running for president. Two polls on Tuesday showed Mr. Fillon and Mr. Melenchon still a few percentage points away from Le Pen and Mr. Macron. With millions of French voters still undecided or planning to abstain, the vote is the most unpredictable in France in decades and investors are nervous about potential last-minute surprises that ... Read More

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So what that Alonso is racing the Indy 500?

Fernando Alonso's outburst of frustration and Stoffel Vandoorne's mid-race tweeted photograph summed up McLaren's failures in Sunday's Bahrain Grand Prix and hinted at deeper turmoil ahead. 300 metres behind me, and they overtake me on the straight, I've never raced with less power in my life. "So, I forgot completely about that auto and started changing settings on the steering wheel and doing my own things, then the next thing I see when I come on the brakes is that vehicle alongside me". Read More

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Patriots extend offer sheet to Bills RB Mike Gillislee

Patriots extend offer sheet to Bills RB Mike Gillislee

Gillislee has showed explosion and power as a change-of-pace back. Gillislee would join Dion Lewis , James White , Rex Burkhead and Brandon Bolden on New England's running back depth chart. Hogan had 17 receptions for 332 yards in the playoffs and caught two touchdown passes in the Patriots' 36-17 AFC Championship Game victory over the Pittsburgh Steelers. Read More

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New York City 'could force Uber to offer in-app tipping'

New York City 'could force Uber to offer in-app tipping'

The lack of one on Uber's app diverts an estimated $300 million a year in tips from New York City Uber drivers, Jim Conigliaro Jr., IDG's founder, told a conference call Monday afternoon. Uber said it was eager to study the proposal. After that, the TLC has to publish the rule, and allow comment from the public for 30 days. Uber says it looks forward to reviewing the proposal and improving their drivers' work conditions. Read More

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Watch Frank Martin's emotional reaction after South Carolina's Final Four run ends

Watch Frank Martin's emotional reaction after South Carolina's Final Four run ends

But after Collins picked up a third foul midway through the second half, SC ripped off a 16-0 run in less than four minutes to take the lead with 7:06 left in the game. While Thornwell (15 points, five rebounds) was the big name sophomore guard P.J. Dozier (17 points, nine assists) and sophomore forward Chris Silva (13 points, 13 rebounds, three blocks) stood out. Read More

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Delta pays NY family $11000 not to fly to Florida

Delta pays NY family $11000 not to fly to Florida

Still, the spread of the graphic video has stoked fears among some Korean passengers that they could be removed from an overbooked flight in a similar way. "Can you confirm me on a later flight with a seat assignment and what is the schedule?" If your delay is two hours or more, the amount increases to 400 percent of the one-way fare, but no more than $1,350. Read More

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Oil steady on Libya disruptions, bloated US stockpiles

Oil steady on Libya disruptions, bloated US stockpiles

While futures in NY were little changed on Friday, prices are up 4.7% this week after climbing back above $50 a barrel. Oil prices fell after a three-day rally ran out of steam as a higher U.S. Prices slipped 6.2 per cent this month, the biggest slide since July. On the New York Mercantile Exchange crude futures for May delivery gained 25 cents to settle at $50.60 a barrel, while on London's Intercontinental Exchange, Brent added 50 cents to trade at $53.62 a barrel. Read More

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Gas prices will rise this summer

Gas prices will rise this summer

According to GasBuddy.com, the average price of a gallon of regular gas on Saturday is $2.58 in Pennsylvania. NY state's average gas price on Sunday was 3.5 cents higher than a month ago and 28, .8 cents higher than a year ago, according to GasBuddy. Read More

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