Business

Business Adidas selling golf equipment brands
Author: 0 Adidas selling golf equipment brands

The world's second largest sportswear group put the brands - which have struggled as golf declines in popularity - up for sale past year, and hired the boutique investment bank Guggenheim Partners to find a buyer. In the same message to employees, TaylorMade CEO David Abeles thanked adidas for their ownership and stewardship of the company for almost 20 years.

Business Boeing halts test flights of new plane over engine issue
Author: 0 Boeing halts test flights of new plane over engine issue

Engine maker CFM, a joint venture of General Electric (GE) and France's Safran, alerted Boeing to quality issues with the new engines. "Out of an abundance of caution, we made a decision to temporarily suspend Max flights", Boeing spokesman Doug Alder said in an email.

Business I might release tax returns -- when I'm out of office
Author: 0 I might release tax returns -- when I'm out of office

He said he can't release them because they are being audited, a claim which he repeated in the interview with the Economist . But he added later: "Maybe I'll release them after I'm finished because I'm very proud of them actually". "I don't know", Trump said. The tax plan that House Republicans released a year ago would eliminate the deduction and instead allow businesses to immediately deduct the full cost of their capital investments.

Author: 0 New Zealand Dollar Tumbles After RBNZ Policy Meeting

The kiwi advanced to 69.34 USA cents as at 8am in Wellington from 69.01 cents late yesterday. That was better than the 5.1% economists had expected, and the joint-lowest level since the December quarter of 2008, matching the September quarter of past year and the December quarter of 2015.

Business Trump Tells Canada And Mexico He Will Renegotiate, Not Withdraw From NAFTA
Author: 0 Trump Tells Canada And Mexico He Will Renegotiate, Not Withdraw From NAFTA

Constant contact between Canadian and American legislators is one reason U.S. President Donald Trump this week backed off plans to scrap the North American Free Trade Agreement (NAFTA). Going into that meeting, relations between Trump and China seemed likely to be dicey; after all, he had said China was "raping" the U.S. at a May 2016 campaign rally.

Author: 0 Buffett says AHCA is tax cut for the rich

The House on Thursday narrowly passed the GOP bill aimed at repealing and replacing ObamaCare, which Democrats and outside groups have criticized as benefitting wealthier Americans compared to the Affordable Care Act. Buffett made his comments during the company's annual meeting Saturday in Omaha, Nebraska. "They don't want the cheapest product". The two executives spoke about the arcana of insurance, one of Berkshire's biggest businesses.

Business FBI drector James Comey fired by Trump - White House
Author: 0 FBI drector James Comey fired by Trump - White House

A letter from Deputy Attorney General Rod Rosenstein was also released Tuesday calling Comey "an articulate and persuasive public speaker about leadership" but that Rosenstein "cannot defend the Director's handling of the conclusion of the investigation of Secretary Clinton's emails, and I do not understand his refusal to accept the almost universal judgment that he was mistaken".

Business Tunnel with nuclear waste collapses in Washington state
Author: 0 Tunnel with nuclear waste collapses in Washington state

A tunnel collapse at a nuclear site in Washington state has led to evacuations but no release of radiation, authorities have said . Many other workers in central Hanford have been told to take shelter indoors as a precaution, including about 1,000 workers at the vitrification plant construction site.

Author: 0 Donald Trump sacking FBI's Comey 'reeks of Russian cover up' Democrat claims

Later in the exchange, Toobin predicted the White House would replace Comey with a "stooge" who would turn the FBI's Russian Federation probe into a charade. It is longstanding Justice Department protocol to avoid taking investigative action in the run-up to an election that could affect its outcome. The current FBI Director is an articulate and persuasive speaker about leadership and the immutable principles of the Department of Justice.

Business Puerto Rico governor says Title III bankruptcy is imminent
Author: 0 Puerto Rico governor says Title III bankruptcy is imminent

The unprecedented maneuver, requested by the governor and filed shortly afterward by a federal oversight board, sets in motion what would likely be the largest municipal debt restructuring in US history. Unlike the 50 states, Puerto Rico is not allowed to restructure its debt under Chapter 9 bankruptcy protection because it is a USA territory. Puerto Rico's economy has been in recession for roughly 10 years.

Author: 0 Metal Tiger PLC (MTR) Stock Rating Reaffirmed by VSA Capital

The stock has "Buy" rating by Guggenheim on Monday, November 7. The rating was maintained by Kepler Cheuvreux with "Reduce" on Friday, October 7. The company was maintained on Tuesday, September 13 by JP Morgan. Investors sentiment increased to 1.54 in 2016 Q4. Its down 0.04, from 1.2 in 2016Q3. It worsened, as 48 investors sold Paypoint plc shares while 91 reduced holdings.

Business Kite Pharma Inc (KITE) Stock Cracks on Big Q1 Loss, Sales Miss
Author: 0 Kite Pharma Inc (KITE) Stock Cracks on Big Q1 Loss, Sales Miss

The original version of this story can be accessed at https://www.themarketsdaily.com/2017/05/09/arie-belldegrun-purchases-17000-shares-of-kite-pharma-inc-kite-stock.html. State Street Corp boosted its stake in Kite Pharma by 24.2% in the fourth quarter. The Revenue for first quarter rose 92% to $ 9.84 million from $ 5.13 million in the same quarter past year.

Author: 0 What are the Labour Party plans for FE?

But how nurses plan to vote does not necessarily tally with which party's policies they think were most friendly to health and social care, suggesting issues like Brexit are more important for some. Mr Corbyn criticised those who were "ripping off workers and consumers" and said that the people celebrating a Tory election victory would be press barons, greedy bankers, Philip Green and directors at Southern Rail.

Author: 0 Fed signals gradual rate-hike approach intact despite soft patch

While the United States central bank's decision to maintain its benchmark rate at a target range of 0.75%-1% was largely expected, the statement accompanying the decision was being closely watched for hints on its next move. Barclays economists said although the Fed did not take action, "it did something just as important: In the face of weak data, it signaled that it would maintain its normalization path this year".

Business German local vote is test for Merkel's challenger
Author: 0 German local vote is test for Merkel's challenger

Since Schulz announced his candidacy back in January, the SPD shot up in the polls, even taking the lead for the first time in years. Polls point to a tight race with Merkel's Christian Democrats . After cheering Emmanuel Macron's win over his far-right rival in the French presidential election, a row has broken out within German Chancellor Angela Merkel's coalition government over how to respond to his calls for closer European integration.

Author: 0 Zinke to visit Grand Staircase monument

Zinke, after an aerial tour of the Bears Ears area on Monday, said there was no question the landscape needs to be preserved in some fashion, calling it "drop dead gorgeous". Navajo Nation Vice President Jonathan Nez and Utah Governor Gary Herbert were among the dignitaries who accompanied Zinke during his tour. Begay and PANDOS oppose modifying Bears Ears, which they claim was created with overwhelming support from American Indian communities.

Business Gold edges up, but holds near 6-week low on hawkish Fed
Author: 0 Gold edges up, but holds near 6-week low on hawkish Fed

USA consumer spending was unchanged in March for a second straight month while a measure of inflation fell for the first time in more than a year, but some economists see the weakness as only temporary. With the USA economy on solid footing and unemployment at a near-decade low, the Federal Reserve remains in the midst of a campaign to gradually raise interest rates from ultra-lows.

Author: 0 Trump to meet top Russian diplomat at the White House

President Donald Trump stunned Washington on Tuesday with his decision to fire Comey, whose agency is investigating alleged Russian interference in the 2016 USA presidential election and the possibility Trump associates may have colluded with Moscow.

Author: 0 Warren Buffett To Shareholders: 'We Messed Up By Not Investing In Amazon'

Berkshire voted its near 10% stake in favour of the board at the bank's AGM on April 25 and prevented stunning no votes against the board from disaffected shareholders of all sizes. He once famously said somebody like him should not be paying a lower tax rate than his secretary. Over the course of 6 1/2 hours, Buffett, 86, and Munger, 93, touched upon a range of topics, as they sipped Coca-Cola and munched on See's sweets (from two of Berkshire's holdings).

Business What US-Russia crisis? Trump seeks closer ties in WH meeting
Author: 0 What US-Russia crisis? Trump seeks closer ties in WH meeting

And, as President Barack Obama himself famously noted, the United States has to be able to walk and chew gum at the same time-meaning that relations with Russian Federation can not be suspended while the very necessary investigation and documentation of what happened during the 2016 elections remains ongoing.

Author: 0 Visa program touted by Kushners has fraught political history

The company is seeking 300 aspiring USA residents to invest a total of $150 million, and it follows other Kushner family projects using the investment program known as EB-5, including a nearby Trump-licensed building promoted as "Trump Bay Street".

Author: 0 Jose Mourinho Goads Arsene Wenger After Defeat at Arsenal

If United win the Europa League and finish outside the top four the Premier League would have five entrants into next season's Champions League, with the top-flight's fourth-placed team required to go through a play-off before reaching the group stage.

Author: 0 Australia plans major spending plus surplus in 3 years

Infrastructure received a boost with the government injecting up to $5.3 billion into the new Western Sydney airport and $8.4 billion for the 1700km Melbourne to Brisbane inland rail project. With the latest Newspoll showing the government trailing the opposition Labor Party at 52 points to 48 points, the budget contained measures to appease an electorate angry that a surging property market means they are unlikely to achieve the great Australian dream of owning their home.