Economy

The goal is to treat people "like passengers and not numbers", Garneau said. A 69-year-old passenger was dragged from the flight at Chicago's O'Hare International Airport after he refused to give up his seat to make room for crew members, sparking a global backlash against airline overbooking practices.
  • Trump mulling major White House shake-up

    Trump mulling major White House shake-up

    Economy

    Another article that landed on Trump's desk submarined his former deputy chief of staff. One, supposedly from the 1970s, warned of a coming ice age; the other, from 2008, about surviving global warming, according to four White House officials familiar with the matter.
  • Cardinal George Pell: Police told they can charge him

    Cardinal George Pell: Police told they can charge him

    Economy

    Milligan has covered the Royal Commission into Institutional Responses to Child Abuse and past year interviewed two men who claimed they were abused by Pell in the 1970s, when he was a priest at Ballarat. Cardinal Pell's office issued a statement at the time, saying he had never abused anyone. Pell, who has repeatedly denied all the accusations and suggested a conspiracy against him, called the book "an exercise in character assassination".
  • Rio Tinto plc (ADR) (RIO) Shares Gain On Upbeat Presentation

    Rio Tinto plc (ADR) (RIO) Shares Gain On Upbeat Presentation

    Economy

    Kayne Anderson Rudnick Investment Management LLC reduced its position in Rio Tinto plc (NYSE:RIO) by 18.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. RIO has a 1-year high price of $ 45.83 and 1-year low price of $25.86. If you are viewing this story on another publication, it was illegally stolen and reposted in violation of United States & global copyright & trademark laws.
  • Why Analysts Are Growing Bullish on Salesforce Ahead of Earnings

    Why Analysts Are Growing Bullish on Salesforce Ahead of Earnings

    Economy

    Finally, Societe Generale set a $98.00 price target on shares of salesforce .com, inc. and gave the stock a "buy" rating in a research note on Thursday, March 2nd. BMO Capital bumped up the target of Salesforce.com (NYSE:CRM) to $100.00 stating a potential upside of 0.12%. Needham & Company LLC initiated coverage on salesforce.com, inc.in a report on Wednesday, February 15th.
  • Petroleo Brasileiro SA Petrobras (PBR) Receiving Somewhat Favorable Media Coverage, AlphaOne Reports

    Petroleo Brasileiro SA Petrobras (PBR) Receiving Somewhat Favorable Media Coverage, AlphaOne Reports

    Economy

    Narrowing in, the stock is at a distance of -1.32% from the 50 day high and 19.89% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of Petroleo Brasileiro S.A. Private Advisor Group LLC increased its stake in Petroleo Brasileiro SA Petrobras by 1.0% in the first quarter. One of the important differences between earnings-per-share growth rates and net-income growth rates is that the former reflects the dilution that occurs from new stock issuance, the ...
  • Macron sticks to labor reform plans in rally speech

    Macron sticks to labor reform plans in rally speech

    Economy

    There have been violent clashes in Paris during annual May Day marches organised by French unions ahead of the upcoming second round of the French presidential elections on May 7. "It's facism, Naziism, homophobia, anti-Semitism: all her baggage and everything we've always been against and which scares me", said Pauline Davranche, 79, at pro-Macron rally of students and the CFDT national trade union.
  • Another Earnings Season Victim — Dick's Sporting Goods

    Another Earnings Season Victim — Dick's Sporting Goods

    Economy

    After a recent check, company stock has been trading near the $47.61 mark. "We created Target Restock to save busy guests time and make it easier than ever to get household essentials delivered quickly", Target's blog post read. Dicks Sporting Goods had a net margin of 4.25% and a return on equity of 18.15%. During the same quarter in the previous year, the firm earned $1.13 EPS.
  • Sears in spat with maker of Craftsman power tools

    Sears in spat with maker of Craftsman power tools

    Economy

    Crossroads Systems had 5 analyst reports since September 2, 2015 according to SRatingsIntel. They now have a Dollars 30 price target on the stock. Its latest closing price was -0.97% below/above the SMA200 while the distance from the SMA 50 and SMA 20 was 2.57% and -1.40% respectively.
  • Pound (GBP) Investors Less Optimistic after Bank of England (BoE) 'Super Thursday'

    Economy

    The Bank of England said on Thursday that it may need to raise interest rates before the late 2019 date that markets had been expecting, assuming Britain can leave the European Union smoothly in two years' time. Jake Trask, FX research director at OFX, added: "With the pound/dollar rate tantalisingly close to $1.30, [sterling] plummeted to $1.2850 at the conclusion of [BoE Governor Mark Carney's] press conference".
  • ACEA: Romania's Jan-Apr new passenger vehicle registrations jump 22.3%

    ACEA: Romania's Jan-Apr new passenger vehicle registrations jump 22.3%

    Economy

    Despite April's poor performance, sales are set to rise again in 2017, albeit at a slower pace. Overall, Volkswagen Group's sales dropped 8.8% in the EU. "These data are volatile even in year-over-year guise, and we expect a rebound next month". Luxury carmaker BMW's sales were down 6 per cent while Daimler slipped 2.7 per cent.
  • Housing data, political turmoil hit dollar; stocks flat

    Housing data, political turmoil hit dollar; stocks flat

    Economy

    US economic data published on Tuesday was mixed after soft retail sales and inflation data on Friday, also undermining investors' optimism on the USA economy. Schlossberg said. The euro jumped to $1.1041 on Tuesday, up from $1.0975 late Monday in NY, to reach its highest level since November. But it fell to six-month lows on Tuesday.