Business US retail sales rebounded in April after sluggish winter
Author: 0 US retail sales rebounded in April after sluggish winter

The unemployment rate in April was 4.4%, according to the Labor Department, matching its lowest level since 2001. Department stores, a sub-category of general merchandise stores, continued to lose the most ground of any subcategory, as April sales dipped 3.7% from April a year ago, but sales were up 0.2% from the month before.

Author: 0 What Are Analysts Opinions On AK Steel Holding Corporation (AKS)

Analysts giving shares a rating of 1 or 2 would be indicating a Buy. The stock notched a 12-month high of $41.57 while $48.00 target is by far the most aggressive out of analysts who are now evaluating the company, $6.43 higher than the next highest 52-week price estimate.

Business Iran's oil output decreases in April - OPEC
Author: 0 Iran's oil output decreases in April - OPEC

A larger-than-expected fall last week in USA crude inventories, which dropped 5.3 million barrels, suggested cuts by the Organization of the Petroleum Exporting Countries (OPEC) and other producers were tightening the market, analysts said.

Author: 0 Energy Transfer Equity LP (ETE) — Equity in Focus

It closed at $7.95 lastly. (NYSE:AEH) has risen 1.56% since October 5, 2016 and is uptrending. It has underperformed by 26.85% the S&P500. Renaissance Technologies LLC increased its stake in shares of Holly Energy Partners, 120.8% in the fourth quarter.

Business Karnan wants SC to recall order
Author: 0 Karnan wants SC to recall order

The CJI looked at the application and said, "We will consider it". However, Chief Justice Khehar did not say anything on Nadumpara's plea seeking an immediate hearing of the plea to stay the May 9 order sentencing Karnan to undergo imprisonment for criminal contempt.

Business Boeing resumes 737 MAX test flights
Author: 0 Boeing resumes 737 MAX test flights

Boeing suspended 737 Max test flights "out of an abundance of caution" on May 5, after CFM notified it of a potential "quality escape" involving low-pressure turbine discs in certain Leap-1Bs delivered to the airframer. "Additionally, 180-minute Etops testing completed in April required another 3,000 simulated flight cycles on the test stand before a complete inspection was conducted by CFM", added Boeing.

Author: 0 Germany posts 0.6 percent Q1 GDP growth

First-quarter GDP growth was at 0.6 per cent, this is faster than the October-December figure of 2016 which sat at 0.4 per cent. At the moment, growth in Germany has been picking up again after a slump last summer following Britain's shock vote to quit the European Union.

Business China and U.S. reach trade agreement
Author: 0 China and U.S. reach trade agreement

A clear deadline for China to lift a ban on USA beef was new, after Chinese Premier Li Keqiang said a year ago that China would "soon" resume imports of beef . FINSUM: This is a big reversal of course for Trump, but any resetting of the US' trade relationship with China is a step in the right direction in our opinion .

Business Sterling dips as ONS figures support case that economy is slowing
Author: 0 Sterling dips as ONS figures support case that economy is slowing

ONS data also showed that United Kingdom total trade deficit with the world widened sharply in March, as imports of machinery, transport equipment, oil and chemicals grew strongly. Samuel Tombs, chief United Kingdom economist at Pantheon Macroeconomics, said the data showed manufacturers were now feeling the effects of the consumer slowdown.

Business Trump to launch panel to investigate voter fraud
Author: 0 Trump to launch panel to investigate voter fraud

Mr Trump won the presidency with an Electoral College victory despite losing to Mrs Clinton by almost three million votes. There has so far been no evidence to support his claims . One of the president's traits that probably makes his staff and other Republicans insane is that he just can't let go of ludicrous statements he's made.

Author: 0 UK's Labour Party stung by early leak of election platform

The party's national executive, shadow cabinet, policy forum, trade union leaders and a backbench committee of MPs are all gathering in central London to rubber-stamp the document ahead of its official launch next week. The Telegraph said the document ruled out setting a target for cutting net migration - something Theresa May has committed to despite so far failing to hit the Conservatives' "tens of thousands" ambition.

Author: 0 No reason to exempt foreign, regional banks from bank tax

That measure alone is expected to raise an additional $8.2 billion of taxes in its first two and a half years in operation. "He asked me what the tax plan was from its beginning, from 2016", he said. In addition, bank executives will face tough penalities for misconduct under a Banking Executive Accountability Regime. The Turnbull government's second budget, delivered by Treasurer Scott Morrison on Tuesday, abandons $13 billion worth of unpopular saving measures left over from the Abbott ...

Author: 0 Iraq, Algeria support extension of oil production cuts

As a result, OPEC cut the forecast 2017 demand for its crude by 300,000 bpd. United States crude oil production seems to be derailing the efforts made by the Opec countries as it has risen to 9.293 million barrels per day (mbd) in April 2017, the highest level since August 2015 and up 10 per cent (0.865 mbd) from July 2016's low of 8.428 mbd.

Author: 0 Australia hits banks with higher taxes to bring budget back into black

Mr Morrison rejected suggestions he wanted a war with the banks because they were less popular with voters than the government. The treasurer also queried whether the banks would lower mortgage rates if the government was successful in garnering them a company tax cut as planned.

Author: 0 Morrison budget avoids serious tax reform

But from 1 July this year, tax deductions relating to expenses incurred while visiting properties in Australia will be completely scrapped. "New spending has been fully offset and average real growth in payments has been restricted to less than two per cent over the forward estimates ", Mr Morrison said.

Business Trump signs executive order to prevent computer hacking
Author: 0 Trump signs executive order to prevent computer hacking

President Trump signed a executive order today commanding a review of the United States' cybersecurity capabilities. " The trend is going in the wrong direction in cyberspace, and it's time to stop that trend and reverse it on behalf of the American people ", White House Homeland Security Adviser Tom Bossert said at the daily White House press briefing, announcing that the president had already signed the executive order.

Business Gang operation brings 1400 arrests, including 5 in Las Vegas
Author: 0 Gang operation brings 1400 arrests, including 5 in Las Vegas

Of the 1,378 total arrests, 1,095 were confirmed to be gang members or affiliates of a gang, ICE said , including mostly Bloods, followed by Sureños, MS-13 and the Crips. In the Houston region, 207 people were arrested - the highest number of any region in the nation, officials said. As arrests are made authorities are able to obtain information from those suspects and criminals to keep disrupting and dismantling risky gangs.

Business London police charge three women with terrorism
Author: 0 London police charge three women with terrorism

As part of the police terrorism probe, seven other people were also arrested, however they have now been released from custody. Ms Boular, from central London , is also alleged to have engaged in conduct in preparation for acts of terrorism, while the other defendants are accused of assisting her.

Author: 0 Global stocks near record highs as oil price soars

Brent climbed 1.2% to $50.84 per barrel. Oil prices rose on Thursday, with global benchmark Brent crude trading comfortably above $50 a barrel after a fall in US inventories and a bigger-than-expected cut in Saudi supplies to Asia helped tightened the market.

Business Tesla CEO says company to start selling solar roof tiles
Author: 0 Tesla CEO says company to start selling solar roof tiles

To account for that issue, Tesla will also sell Solar Roof tiles without the costly photovoltaic cells embedded in them. Tesla's website gave an example of the pricing of this new venture, claiming that if the company was to install a solar roof on a 2,000 square-foot home in NY that would cost around $50,000 after taxes, Bloomberg noted.

Author: 0 Chesapeake Energy Corporation (NYSE:CHK) recently purchased by insider DUNHAM ARCHIE W

The average analysts gave this company a mean recommendation of 2.60. Nomura upgraded the shares of CVE in report on Thursday, January 21 to "Neutral" rating. Overnight, crude futures settled higher on Wednesday, as investors cheered the latest report from the Energy Information Administration (EIA), showing USA crude inventories fell more than expected.

Author: 0 Antonio Conte: I've got great men and fantastic players at Chelsea

The third goal was that high quality offensive football. "This has been an important week for us and we have ended it positively", he said. "If we don't win against Middlesbrough (on May 8) you lose this great win", he said. In particular, Tottenham know they can rely for regular goals on England pair Harry Kane and Dele Alli, who have close to 50 between them this season with 27 and 21 respectively.

Business Uber hit by major legal setback in Europe
Author: 0 Uber hit by major legal setback in Europe

The opinion continues: "According to the Advocate General, the service offered by Uber does not meet either of those two conditions". National courts must focus on the wellbeing of children when deciding on their parents' residency, the European Court of Justice said in a Wednesday ruling .

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.

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