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Economy

Existing shareholders would retain Fairfax's New Zealand arm, which suffered a blow last week when the country's competition watchdog rejected a merger with NZME, its streaming service Stan and Australian Community Media. He said Fairfax has formally advised the Australian Securities Exchange (ASX). The consortium, led by US-based TPG Capital and Canada's Ontario Teachers' Pension Plan Board , wants to buy Fairfax's Domain , Australian Metro Media, and Events and Digital Ventures ...
  • Trump blasts press for making healthcare vote look bad

    Economy

    Senate. Who this great fight did win . Clearly, based on the unanimous vote for the McSally bill, there is bipartisan agreement that a health care law Congress passes should apply in the same way to members of Congress. Following the vote, the House Democratic campaign arm announced that it would immediately begin launching ads in 30 Republican-held districts, regardless of whether the politicians holding them had voted for the bill.
  • North Korea accuses United States and South Korea of assassination attempt

    Economy

    The ministry said the spy agencies in June 2014 "ideologically corrupted and bribed" a North Korean citizen who had been working in Russian Federation to carry out the alleged assassination on Kim after returning home. Meanwhile, U.S. forces continue routine training with South Korea's military, including recently sending an American naval strike group to the Korean peninsula.
  • Notable Analysts Ratings: Delcath Systems, Inc. (DCTH)

    Economy

    The 1-year High price of the stock is $0.08, while the 1-year low price is $0.05. Delcath Systems, Inc. has a 50 day moving average of 0.08 and a 200 day moving average of 0.85. Delcath Systems, Inc. (DCTH ) traded with the volume of 7.24 Million shares while its average 3 months volume is at 10660 shares. The Company's system delivers and filters melphalan hydrochloride, which is marketed as a device under the trade name Delcath Hepatic CHEMOSAT Delivery System for Melphalan (CHEMOSAT).
  • John Daly holds on for 1st PGA Tour Champions win

    John Daly holds on for 1st PGA Tour Champions win

    Economy

    John Daly, Mark Brooks, Russ Cochran and Paul Goydos were another shot back, and Schwab Cup leader Bernhard Langer was among a group of five players at 69. When Daly tapped in the winning putt, he pumped his fist. "A win is a win, man", he said. John Daly hits his tee shot on the 17th hole during the second round of the Insperity Invitational Golf Tournament at the Woodlands Country Club Tournament Course on Saturday, May 6, 2017, in The Woodlands, TX.
  • Dollar steady with eyes on Fed for rate clues; kiwi firmer

    Dollar steady with eyes on Fed for rate clues; kiwi firmer

    Economy

    The Dollar/Yen traded near a six-week high after the U.S. Federal Reserve recognized weak first-quarter economic growth, but failed to take a June rate hike off the table. Higher rates would reduce demand for non-interest bearing gold and would also make the dollar-denominated metal more expensive for buyers paying with other currencies.
  • USA airlines face customer service warning

    USA airlines face customer service warning

    Economy

    The statements were met with skepticism from Shuster, who said the principles of his pre-congressional business career would dictate "if somebody buys a ticket, they pay for it, they get it". At one point, Munoz called the incident "a mistake of epic proportions". "It is my mission to ensure we make the changes needed to provide our customers with the highest level of service and the deepest sense of respect".
  • Warren Buffett Says Berkshire Hathaway Stock May Start Paying Dividends

    Economy

    Buffett said he regretted not investing early in Google. He said he tells managers of Berkshire business units not to get personally enmeshed in political matters, but that this did not hold true for the businesses themselves. While Buffett acknowledged that tax cuts would benefit his shareholders - although not all of them - he also called medical costs "the tapeworm of American economic competitiveness".
  • Buffett 'blew it' by not buying stock in Amazon and Google

    Economy

    Approximately 65 percent of the aggregate fair value of the company was concentrated in the equity securities of five companies: American Express, representing $12 billion, Apple representing $19.2 billion, Coca-Cola $17 billion, IBM $11.2 billion and Wells Fargo $27.8 billion.
  • More than 2000 lbs. of Sausage Recalled

    More than 2000 lbs. of Sausage Recalled

    Economy

    Consumers who have purchased the products are urged not to eat them. The package also has an establishment number of "P-2617". The agriculture department said three consumers complained about finding some blue plastic materials in the food.
  • 'Trump Is Right': Sanders Talks Up Aussie Health Care

    Economy

    Earlier in the day the president and his Republican Party scored a victory in the House of Representatives for repealing Obamacare, although it still has to pass the Senate. "I think he was simply being complimentary of the prime minister and I don't think it was much more than that", explained Principal Deputy Press Secretary Sarah Sanders.
  • Buffett faults Wells Fargo laxity in sales scandal

    Economy

    Basically, he's saying an ethical corporate culture is more important than thousands of pages of guidebooks. Employees at Wells Fargo locations at several states scouted the streets, Social Security offices, construction sites and factories to find undocumented immigrants, take them to a local branch and persuade them to sign up for new accounts, court records say.