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Economy

Trump himself claimed the authority to share "facts pertaining to terrorism" and airline safety with Russian Federation, saying in a pair of tweets he has "an absolute right" as president to do so. Before he faced reporters, the White House distributed statements from Secretary of State Rex Tillerson and Deputy National Security Adviser Dina Powell disputing the Post's account.
  • Indonesia courts jails Jakarta's Christian governor for blasphemy against Islam

    Indonesia courts jails Jakarta's Christian governor for blasphemy against Islam

    Economy

    Indonesia is the world's most-populous Muslim country. He was taken to Cipinang Prison in east Jakarta . Ahok's term as governor ends in October. Some lay down outside the jail blocking traffic, others shook the barbed-wire topped fence of the prison, while some chanted "destroy FPI", referring to the Islamic Defenders Front, a hardline group behind numerous protests against Purnama.
  • Shares in Exxon Mobil Co. (XOM) Acquired by Bristol Advisors LLC

    Shares in Exxon Mobil Co. (XOM) Acquired by Bristol Advisors LLC

    Economy

    Many traders watch for short-term averages to cross above long-term averages to signal the beginning of a uptrend. Mastrapasqua Asset Management Inc. now owns 56,265 shares of the oil and gas company's stock valued at $4,911,000 after buying an additional 3,594 shares during the period.
  • Merkel In Pole Position For German Election After St

    Economy

    Germany's best-selling newspaper Bild labelled the SPD loss as a "fiasco" and said the party had fallen into a "depression". But national opinion polls are showing her CDU now regaining political momentum. This is the third consecutive failure of the SPD over the last two months - after the elections in the federal states of Saarland and Schleswig-Holstein.
  • EasyJet looks to bigger planes to keep costs down

    EasyJet looks to bigger planes to keep costs down

    Economy

    As of 09:28 BST, easyJet's share price had lost 5.88 percent to 1,233.00p, underperforming the broader London market, with the benchmark FTSE 100 index having climbed into positive territory and now standing 0.28 percent higher at 7,475.37 points.
  • Wal-Mart Stores Inc. (WMT) Lost -0.55% in the last trading session

    Wal-Mart Stores Inc. (WMT) Lost -0.55% in the last trading session

    Economy

    Several other institutional investors also recently bought and sold shares of the company. About 200 products from Sam's Clubs stores will initially be available for Sam's Club customers in China to order online via JD's website, expanding to 700 this year, says Rebecca Lui, a Wal-Mart spokeswoman.
  • US industrial production posts biggest gain since 2014

    US industrial production posts biggest gain since 2014

    Economy

    Factory production rose 1% after declining 0.4% in March. The upbeat industrial production in April might suggest a pickup of USA economic growth in the second quarter of the year. Donald Trump is bragging today that industrial production "surged" in April. In comparison to a year ago, output in mining was especially strong, clocking in with an advance of 7.3%, although it remained 11.2% below its December 2014 peak, the Federal Reserve said.