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Economy

The AAP is in the throes of a crisis with its sacked Minister Kapil Mishra accusing Kejriwal and other senior leaders of corruption. Meanwhile, Anna Hazare on Tuesday said he had been hurt by the corruption allegations against Kejriwal, reported DNA .
  • Oil Futures Bullish On Continued Production Cuts

    Economy

    While Kuwait supported the announcement, other Organization of the Petroleum Exporting Countries (OPEC) members and key oil producers are set to meet on 25 May in Vienna to decide the future course. Supply and demand in the oil market are close to matching up, the IEA said today, but rising United States supply could mitigate landmark OPEC-led production cuts.
  • Ford's global job cut unlikely to have major impact in India

    Economy

    In an email to BuzzFeed News, Democratic Congressman Brendan Boyle of Pennsylvania said job cuts will not make USA businesses competitive, and that "we must instead invest in quality, full-time, salaried workers if our nation is to keep manufacturing the best products in the world".
  • N. Korea fires missile in latest test, US and S. Korea say

    Economy

    Analysts said that test showed gave North Korea critical information on developing a re-entry vehicle for nuclear warheads and showed Pyongyang had a missile capable of striking the United States territory of Guam. The launch of the Hwasong-12 was its tenth test this year. The country has also conducted a slew of rocket launches as it continues to advance its arsenal of ballistic weapons, which also include midrange solid-fuel missiles that could be fired from land mobile launchers or ...
  • 8 injured after plane clips LA airport truck

    8 injured after plane clips LA airport truck

    Economy

    The truck was flipped over, seriously injuring two employees inside who had to be rushed to the hospital. We will add that at the moment of collision onboard the plane were 146 passengers and crew of the aircraft. The authorities who investigated the incident determined that Uskanil had been drinking; he was subsequently arrested for misdemeanor trespassing, cited and released.
  • North Korea tests another missile; Seoul says dashes hopes for peace

    North Korea tests another missile; Seoul says dashes hopes for peace

    Economy

    The test triggered a new USA -backed push for a fresh round of United Nations sanctions against the North. An official traveling with U.S. President Donald Trump in Saudi Arabia said the White House was aware of the latest launch and noted that the missile had a shorter range than the three previous missiles that North Korea had tested.
  • Kuwait next to back oil production cap extension

    Economy

    The world's oil stockpiles increased only slightly in the first quarter and are set to decline in the second as demand picks up seasonally and OPEC constrains output, the IEA said Tuesday in its monthly report. "Of course, things will change elsewhere in the balance, and today the most closely watched data point on the supply side is USA crude production", the IEA said.
  • Nuke emergency at Hanford

    Nuke emergency at Hanford

    Economy

    FILE-In this July 9, 2014, file photo, a sign warns of radioactivity near a wind direction flag indicator at the "C" tank farm on the Hanford Nuclear Reservation near Richland, Wash . Washington Gov. Jay Inslee said the Department of Energy and The White House reached out to his office after the incident. According to CBS News, the Hanford Nuclear Reservation was created during World War II to secretly build the atomic bomb.
  • Engine Issue Causes Qantas Flight to Return to LAX

    Engine Issue Causes Qantas Flight to Return to LAX

    Economy

    The aircraft had been due in Melbourne this morning, but the pilot was forced to return to LAX after one of four engines failed. Flight QF94 from Los Angeles to Melbourne turned around two hours into its journey on Saturday, dumping 480 people back where they started.
  • Donald Trump's first foreign trip clouded by Russian Federation probe

    Economy

    White House hopes that Mr Trump could leave scandalous allegations at home were crushed in a one-two punch of revelations that landed shortly after his departure. Comey has agreed to testify publicly before the Senate Intelligence Committee after Memorial Day. The memo focused on Comeys handling of the Hillary Clinton email investigation, particularly the FBI directors decision to divulge details to the public at various junctures during her presidential campaign against Trump.
  • Is Jared Kushner a person of interest in the Trump-Russia investigation?

    Economy

    A combination of file photos shows Russian Foreign Minister Sergei Lavrov attending a news conference in Moscow, Russia, November 18, 2015, and U.S. President Donald Trump posing for a photo in New York City, May 17, 2016. Whether or not Trump was trying to influence Comey and the FBI's investigation into the campaign's connections to Russian Federation will be at the center of the hearing to try to figure out whether the president obstructed justice.
  • Wunderlich Cuts Kate Spade & Co (KATE) Price Target to $18.50

    Wunderlich Cuts Kate Spade & Co (KATE) Price Target to $18.50

    Economy

    Kate Spade & Co has a consensus rating of "Hold" and a consensus target price of $20.87. Kate Spade was downgraded to "market perform" by analysts at Wells Fargo. Kate Spade & Co's revenue for the quarter was down 1.1% on a year-over-year basis. Annual earnings per share (EPS ) growth was at 0.50% in past 5 Years and Long-term annual earnings per share (EPS ) growth is projected to achieve 23.75% in coming 5 years.