Economy

Ford is to announce a plan to cut 10% of its global workforce later this week, the Wall Street Journal reported late Monday. The voluntary incentives offers will go to about 9,600 of 30,000 US salaried workers, the company said. In fact, Ford's stock price barely budged this week. Its U.S. shares rose 0.2 percent to $10.94 at the NY close on Monday, before the Journal's story was published.
  • Selena Gomez teases fans with new 'Bad Liar' single

    Selena Gomez teases fans with new 'Bad Liar' single

    Economy

    Yesterday, the singer - who cancelled her tour previous year to enter rehab due to depression and anxiety - uploaded a picture to Instagram in which she can be seen wearing bandages on her wrist and a yellow hospital bracelet with a message that reads "risk" on it, suggesting her character in the video may have attempted suicide.
  • Investors Recap -: Cypress Semiconductor Corporation (CY)

    Economy

    A stock ATR is the difference between the high and low price on any given day. The firm is scheduled to report its next earnings report after the market closes on Thursday, April 27th. EPS breaks down the profitability of the company on a single share basis. The transaction was disclosed in a filing with the SEC, which is available through the SEC website .
  • Cognizant Technology Solutions Corp (CTSH) Stock Rating Upgraded by Vetr Inc

    Economy

    Cognizant Technology Solutions Corp (NASDAQ:CTSH) institutional sentiment decreased to 0.89 in 2016 Q4. It has by 0.00% the S&P500. It also upped Ameriprise Financial Inc (NYSE:AMP) stake by 277,954 shares and now owns 576,561 shares. 15, 2017. Thanks to an increase of nearly 10.52% in the past one month, the stock price is now outperforming with 15.1% so far on the year - still in strong zone.
  • China building biggest infrastructure project in history

    Economy

    A "nervous" India can not stop its neighbours from joining China's Belt and Road project even if it wants to stay out of it, a commentary in a Chinese daily said. The Russian president also said the proposal was timely and important because the plan looks to create "a zone for economic development and mutually beneficial trade between Asia and Europe".
  • Hindustan Unilever profit up 6.2 percent, beats estimates

    Hindustan Unilever profit up 6.2 percent, beats estimates

    Economy

    For the year ended March 31, the company posted a consolidated net profit of Rs 4,490 crore, up 8.16 per cent from Rs 4,151 crore during the previous fiscal. HUL shares today ended 0.82 per cent up at Rs 1,006.35 on the BSE. The bourse's benchmark index, S&P BSE Sensex gained 0.25 percent on the same day.
  • Trump to meet French President-elect in May

    Economy

    Macron's victory in the May 7 presidential runoff has reconfigured the political landscape with his winning campaign as an independent that upended decades of left-right politics in France . Valls, a center-leaning politician in favor of relaxing labor protections, had already thrown his support behind Macron before the presidential election after losing to Benoit Hamon in the Socialist primary.
  • G-7 nations fear long-term growth may be subdued

    G-7 nations fear long-term growth may be subdued

    Economy

    The finance ministers and central bank governors from Britain, Canada, France, Germany, Italy, Japan and the United States left trade off the agenda at the Bari talks, apparently due to a gap among the members over Trump's "America First" trade policy.
  • Brazil's Temer denies corruption charges

    Economy

    The Supreme Electoral Court (TSE) in Brazil gave the green light on Monday (May 15th) for the trial which could nullify the 2014 Rousseff-Temer Presidential ticket and oust President Michel Temer from office. But Brazilian law says he can not be prosecuted for those crimes while he holds the office of President. The accusations against Mr Temer were made by O Globo newspaper.
  • ELECTION: 43 Liberals to rule as minority vs NDP's 41, three Greens

    Economy

    The Liberals held 47 seats in the previous legislature, the NDP had 35, the Greens one and two were held by independents. During his non-concession, non-victory speech late Tuesday night, he encouraged supporters to "hang tight" until all the absentee and mail-in ballots are counted and said the majority of British Columbians voted for change.