Economy

In his ruling, U.S. District Judge William Orrick III granted a nationwide preliminary injunction on a key part (Section 9) of Trump's January 25 executive order, in which the Attorney General and Secretary of Homeland Security were given the responsibility designate various states and local jurisdictions as " sanctuary jurisdictions " and to make sure they "are not eligible to receive federal grants, except as deemed necessary for law enforcement purposes".
  • A Historic But Unsurprising Election In France

    A Historic But Unsurprising Election In France

    Economy

    For far-right candidate Marine Le Pen, the Kremlin said it respected the first round results, denying it supported the far-right candidate and saying it hopes to have good relations with France. At a gathering of supporters in a convention centre in Paris on Sunday night, Mr. Macron, who was visibly moved by the results, said he would like to "relaunch the European project" and that he wanted to bring "patriots" together against "nationalists".
  • United Airlines CEO loses promotion post passenger manhandling incident

    Economy

    At a press conference the day after his television appearance, Dr. Dao's daughter said Munoz had not been in touch with her father to apologize despite offering every other passenger on the flight a full refund for their ticket. He first blamed the 69-year-old passenger who was dragged off by airport security officers, but later apologized repeatedly for United's handling of the situation.
  • As illegal immigrant numbers edge down, Mexicans may no longer be majority

    As illegal immigrant numbers edge down, Mexicans may no longer be majority

    Economy

    A preliminary estimate for 2016, taken from USA census data collected in March 2016 during former President Obama's previous year in office, put the number of illegal immigrants at 11.3 million. It is estimated that 2016 was the first year since 2005 that Mexicans have not made up the majority of the unauthorized immigrant population. There were about 5.6 million Mexican immigrants in the country illegally in 2015, down from 6.4 million in 2009.
  • Stock on Analyst Radar: Chesapeake Energy Corporation (NYSE:CHK)

    Economy

    Hedge funds and other institutional investors have recently made changes to their positions in the company. The First National Bank & Trust Co Of Newtown holds 150,628 shares with $4.53M value, down from 161,234 last quarter. TRADEMARK VIOLATION NOTICE: "Putnam Investments LLC Has $108,000 Stake in Chesapeake Energy Co". COPYRIGHT VIOLATION WARNING: This article was originally reported by Markets Daily and is the sole property of of Markets Daily.
  • Another View: The game theory of overbooking flights

    Economy

    The company said late Friday that it will now require commuting staff and crew members to check into flights 60 minutes prior to departure. United Airlines had then released a statement on its official Twitter account saying that CEO Munoz is deeply sorry for what happened with the passenger, Dr.
  • Giant rabbit dies on United Airlines flight

    Economy

    His father, Darius, is the current record holder at 4-feet, 4 inches. " Simon " was the son of the world's biggest rabbit "Darius", also owned by Edwards, the Sun reported. Edwards, 65, from Worcestershire, told the newspaper Simon's mid-air death was a mystery to her. Edwards believes that something must have gone wrong on the United flight, and she wants to get to the bottom of it.
  • India's IRB InvIT Fund seeks up to $724 million in IPO

    India's IRB InvIT Fund seeks up to $724 million in IPO

    Economy

    The first InvIT Fund is being launched by IRB Infrastructure Developers through an initial public offering (IPO) that opens on May 3 and closes on May 5.Should you invest? Another road builder that is in the queue to float an IPO of an InvIT is MEP Infrastructure Developers Ltd, which received approval from the Securities and Exchange Board of India for an offering a year ago.
  • Citi: Oil May Rally 20 Percent This Year on Supply Curbs

    Economy

    Latest data by the Energy Information Administration showed US output rose to 9.25 million barrels a day last week, the highest level since August 2015. Additionally, Iran added fuel to hopes that OPEC and non-OPEC oil producers could extend their output cuts beyond the initial six-month agreement. Brent crude has gained about 19 percent since OPEC chose to pare output, and the benchmark grade was 24 cents higher at $55.13 a barrel at 11:59 a.m.in London.
  • Oil producers 'might have to' extend output cuts

    Oil producers 'might have to' extend output cuts

    Economy

    June WTI futures held around $50.60 p/b into the U.S. open with Brent drifting just below the $53.00 p/b level as a firmer dollar tone against the Euro and Sterling also limited the potential for price support. The producers need to extend their deal to cut supplies through the end of the year amid concerns that Russian Federation is lagging behind on its pledged reductions, the bank said.
  • Deal charge pushes drugmaker Eli Lilly to 1Q loss

    Deal charge pushes drugmaker Eli Lilly to 1Q loss

    Economy

    Torch Wealth Management LLC raised its position in Eli Lilly and by 4.8% in the first quarter. The companies have demonstrated mixed financial trends historically. TRADEMARK VIOLATION WARNING: This news story was published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this piece on another site, it was stolen and reposted in violation of global copyright legislation.