Money

Money Bad News For Ford In Latest Earnings Report
Author: 0 Bad News For Ford In Latest Earnings Report

Higher costs were attributed to warranty (recalls), investments in new products and emerging opportunities for future growth, and rising commodity costs. By Comcast [Public domain], via Wikimedia CommonsComcast said adjusted EBITDA rose 10.4% year over year to $7 billion, while consolidated net income attributable to Comcast rose 20.2% to $2.6 billion.

Author: 0 United promises to refocus on passengers

According to the investigation, United Flight 3411 traveling from Chicago to Louisville on April 9 had resolved one overbooking issue before boarding the plane to its capacity of 70 passengers. United is also vowing to reduce, but not eliminate, overbooking - the selling of more tickets than there are seats on the plane. Munoz also noted that the airline is actively working to fix any ongoing issues.

Money Democratic Illinois House OKs public funding for abortions
Author: 0 Democratic Illinois House OKs public funding for abortions

Sara Feigenholtz, of Chicago, the measure would allow the state to cover abortions for its employees and Medicaid recipients, as well as protect access to abortion in IL should the landmark Roe v. Republican state Rep. Peter Breen of Lombard says Medicaid-funded abortions do not qualify for federal match so the measure would cost IL an extra $60 million a year.

Money Trump tweets don't help: First Twitter revenue drop since IPO
Author: 0 Trump tweets don't help: First Twitter revenue drop since IPO

Expectations were low going into Twitter's first-quarter earnings report, with analysts predicting the company's first year-over-year revenue decline and slow user growth. "I think that Trump drives a lot of awareness about Twitter among people who otherwise wouldn't be paying attention", said Michael Pachter, managing director at Wedbush Securities.

Money FCC chief lays out attack on 'net neutrality' rules
Author: 0 FCC chief lays out attack on 'net neutrality' rules

Earlier on Wednesday, Pai announced that he would begin the process of reversing net neutrality rules, formally known as the Open Internet Order . However, the current net neutrality rules were upheld by an appeals court a year ago. Pai is expected to release the draft text of his initial proposal April 27 and schedule it for a vote at the FCC's May 18 meeting.

Money Panic at NY's Penn Station Causes 16 To Be Injured
Author: 0 Panic at NY's Penn Station Causes 16 To Be Injured

Because of the power problem, NJ Transit trains were subject to 90-minute delays just as people were trying to get home for the holiday weekend . Rumors of an active shooter made their way to Macy's, where people were seen fleeing out of the front of the store after hearing a loud bang.

Money Uber plans to demonstrate flying cars by 2020
Author: 0 Uber plans to demonstrate flying cars by 2020

The move comes as interest in futuristic flying cars is growing in Silicon Valley and around the world, with advocates promising the vehicles will cut commute times and ease road congestion. Together, they plan to create what Uber has dubbed the Uber Elevate Network. In an early scale operation, the company can get to $1.32 per passenger mile, a little higher than taking an UberX for a similar distance, Holden said.

Money Oil edges up after six days of straight losses
Author: 0 Oil edges up after six days of straight losses

But rising USA drilling and production has tempered the bullish sentiment, with investors cutting bullish bets on rising ICE Brent crude futures and options by 9,811 contracts to 427,433 lots in the week to April 18. OPEC will decide at talks on May 25 whether to extend its curbs past June. Floating storage is a clear indicator of oversupplied markets. Total volume traded was about 5% above the 100-day average.

Money S. Korea media worry Trump not consulting Seoul
Author: 0 S. Korea media worry Trump not consulting Seoul

With tensions rising between the USA and North Korea, the Pentagon on Sunday called for the isolated communist nation to avoid destabilising the situation further. Trump and Xi spoke by phone on April 24 as Japan conducted exercises with a USA aircraft carrier strike group headed for Korean waters. North Korea will celebrate the 85th anniversary of the founding of the Korean People's Army Tuesday.

Money Nestlé and Unilever in tasty sales
Author: 0 Nestlé and Unilever in tasty sales

Unilever shares are trading up 0.82 percent at time of writing this. Unilever , who also owns Hellmann's mayo, rejected a surprise $143B takeover proposal from Kraft Heinz a couple of months ago citing "cultural differences". "We are seeing positive signs in the economy overall", he told Reuters , talking about a "bottoming out" of currency devaluations in places such as India , Indonesia and Brazil.

Author: 0 United CEO will not add chairman title as planned

Munoz had been reversed, so he would not become chairman of the board in 2018. The House's Transportation and Infrastructure Committee, which oversees aviation policy, has scheduled a hearing to probe on the incident on United Airlines' Flight 3411.

Money Police arrest over 100 men in child prostitution sting
Author: 0 Police arrest over 100 men in child prostitution sting

Truong also said that most men stopped communicating when they heard the ages, but 104 men didn't stop. Troung says numerous children involved in the sex trade have a hard time trusting and explaining what they know. In a press release on Thursday, police said they have completed a multi-year operation that resulted in a large number of arrests. Investigators said almost all the men were first-time offenders, and had stable jobs and families.

Author: 0 WTI oil futures struggle despite surprise draw in crude inventories

Last year OPEC and external producers including Russian Federation committed to eliminate about 1.8 million barrels of oil a day in a bid to rebalance the oil market and raise petroleum prices. It also voiced concern that the recovery of prices encourages shale oil companies to return to the competition, which harms OPEC efforts in reducing the supply.

Money Bronx Next on Mayor's 'City Hall in Your Borough' Tour
Author: 0 Bronx Next on Mayor's 'City Hall in Your Borough' Tour

If adopted, the legislative package, which also caps the number of e-cigarette retailers and requires apartment buildings to adopt and disclose smoking policies, may curb returns on about $1.5 billion of bonds issued by New York City repaid with payments from tobacco companies under a 1998 settlement.

Author: 0 Ashmore Group plc (ASHM) Given "Hold" Rating at Peel Hunt

Nomura Asset Mgmt Company Ltd stated it has 23,834 shares. It has a 42.76 P/E ratio. Among 9 analysts covering Barr A G PLC (LON:BAG), 2 have Buy rating, 0 Sell and 7 Hold. Research Frontiers, Inc. (REFR) formed wedge down with $1.27 target or 9.00% below today's $1.40 share price. Vonage Holdings Corp. (NYSE:VG) has risen 3.55% since September 12, 2016 and is uptrending.

Author: 0 China's auto sector pushes for electric cars

Despite that, sales of electric and gasoline-electric hybrids fell 4.4 percent from a year earlier in the first quarter to 55,929 vehicles while SUV purchases rose 21 percent to 2.4 million. Volvo Cars has announced that it will build its first fully electric auto in China, as part of its larger commitment to sell a total of 1 million electrified cars - including fully electric cars and hybrids - by 2025.

Money Showers possible Thursday, National Weather Service says
Author: 0 Showers possible Thursday, National Weather Service says

Mostly cloudy, with a high near 69. Mostly sunny, with a high near 67. Otherwise, mostly cloudy, with a low around 61. On Thursday night , rain showers are likely and possibly a thunderstorm. West wind 5 to 10 miles per hour. Tonight: A chance of showers and thunderstorms before 11 p.m., then a slight chance of showers between 11 p.m. and midnight.

Author: 0 Trump administration says no US trading partners manipulate currency

Treasury finds that six major trading partners warrant being placed on the Monitoring List for special attention: " China , Germany , Japan , Korea, Switzerland and Taiwan", it said. The decision not to name China a currency manipulator has marked one of the sharpest major reversals of Trump's young presidency. However, the Korean government continues to remain alert as it's possible it may be elevated to manipulator status.

Money Uber lost $2.8 billion last year
Author: 0 Uber lost $2.8 billion last year

Uber sold its China business to domestic rival Didi Chuxing in August previous year. If Uber Technologies Inc. had been a public company in 2016, it would have been among the top 10 biggest money losers. The company reported a net loss of $991 million for the fourth quarter, Bloomberg said, which presumably doesn't count stock-based compensation nor other potential charges.

Money Activist Elliott pushed overhaul of BHP Billiton
Author: 0 Activist Elliott pushed overhaul of BHP Billiton

Elliott also wants BHP to adopt a consistent capital return policy that would allow it to take advantage of its substantial franking credit balance through off-market buybacks, rather than using its excess cash "to make value destructive acquisitions", Elliott said .

Money IMF, World Bank, WTO urge nations to advance open trade
Author: 0 IMF, World Bank, WTO urge nations to advance open trade

It said the world´s richer countries should help workers affected by trade liberalization, which has grown increasingly unpopular in the post-financial crisis era, driving a rise in protectionism. The organizations also call on governments to stabilize unemployed working families with short term passive labour market programmes, such as unemployment benefits and income support until those who have lost their jobs can get back to work.

Money Venezuela's Maduro jeered by crowd as unrest grows
Author: 0 Venezuela's Maduro jeered by crowd as unrest grows

The Venezuelan opposition has held protests in the last few days in Caracas to support parliament, the majority of which is anti-government, and its demands for elections and the removal of the Supreme Court judges. Most of the protesters are peaceful and say street action is their only option after authorities past year blocked a recall referendum to remove Maduro.

Money Sensex vaults 213 pts ahead of economic data, earnings
Author: 0 Sensex vaults 213 pts ahead of economic data, earnings

However, gains were capped due to caution over the rising tensions in the Middle East and political uncertainty in Europe. The Sensex at the BSE closed 213 points or 0.72 per cent higher at 29,788 while the NSE Nifty ended 56 points or 0.61 per cent up at 9,237.

Author: 0 New Jersey will stop making Amtrak payments following two derailments

Our customers and partners deserve better". About 1,200 passengers were on the train at the time. Five people were treated for minor injuries. The aftermath has been days of delays, overcrowding and cancellations. Lee surrendered at Appomattox, they support a facility that strains to accommodate roughly the equivalent of the population of the city of Miami passing through each day.

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