Economy

Washington D.C. [USA], May 27: The Democratic National Committee (DNC) wants U.S. President Donald Trump to fire his son-in-law Jared Kushner from his position as White House advisor, after reports surfaced that the latter sought to establish a private communications channel between the President's transition team and Russian Federation.
  • There's a $2 trillion oversight in Trump's budget proposal

    Economy

    Mick Mulvaney , who's chiefly responsible for the Trump administration's budget, is now pretending that the double-counting gimmick doesn't exist. But Democratic Rep. "What we did here is try to change the way Washington looks at spending", Mulvaney said during his opening statement, laying out the Trump administration's basic view of the role of government.
  • Madison Investment Holdings Inc. Sells 88810 Shares of Tiffany & Co. (TIF)

    Economy

    Finally, Capital Investment Counsel Inc purchased a new stake in Tiffany & Co. during the third quarter worth approximately $203,000. The firm's revenue for the quarter was up.9% on a year-over-year basis. ILLEGAL ACTIVITY WARNING: "Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Tiffany & Co". TRADEMARK VIOLATION NOTICE: "Tiffany & Co".
  • BMO Capital Markets Reaffirms Outperform Rating for Precision Drilling Co. (PD)

    Economy

    These analysts have also projected a Low Estimate of $-0.18/share and a High Estimate of $-0.12/share. The firm is expected to announce its next earnings report on Thursday, July 20th. Royal Bank of Canada reiterated an outperform rating and issued a C$9.00 target price on shares of Precision Drilling in a research note on Friday, February 10th.
  • Amazon's grocery pickup concept finally opens - for Prime members only

    Amazon's grocery pickup concept finally opens - for Prime members only

    Economy

    The AmazonFresh Pickup service is only available in two stores in Seattle and it is the first time that it's open for customers. Amazon's latest grocery initiative is now up and running for customers. AmazonFresh Pickup helps the e-commerce giant create a familiar buy-online, pickup-in-store concept that Walmart, Kroger and others have already been offering, and it may help Amazon finally persuade more people to buy their produce through the web.
  • Moody's reduces China's credit rating over debt concerns

    Moody's reduces China's credit rating over debt concerns

    Economy

    China's financial markets quickly brushed off Moody's Investors Service's decision to cut its rating on the nation's debt for the first time in nearly three decades, with stocks, bonds and the currency little changed. The crucial problem China is facing right now is the unimaginable growth with its debt rates; recent news revealed that it climbed up to 15% of the country's output each year.
  • Barclays PLC Trims Hewlett Packard Enterprise Co (HPE) Target Price to $18.00

    Barclays PLC Trims Hewlett Packard Enterprise Co (HPE) Target Price to $18.00

    Economy

    By historical standards, Hewlett Packard Enterprise Company remains a cheap stock. The last session's volume of 18.11 million shares was higher than its average volume of 11.42 million shares. EPS is often the first number companies report to shareholders in their quarterly earnings calls. The Return on Equity (ROE) value stands at 10%. The firm had revenue of $11.41 billion for the quarter, compared to analysts' expectations of $12.09 billion.
  • Area Muslim man sues Little Caesar's for $100M over pork topping

    Area Muslim man sues Little Caesar's for $100M over pork topping

    Economy

    Eating Pork is forbidden under Islamic law. The lawsuit, filed in Wayne County Circuit Court, says the first incident happened March 20. The boxes were labeled "halal", but the pies inside were topped with regular pepperoni. Bazzi said he returned to the store and the manager confirmed that the pepperoni was pork. When Bazzi opened the pizza box, he was allegedly met with another pizza with pork pepperoni, instead of halal pepperoni.
  • Five facts about Donald Trump's son-in-law Jared Kushner

    Five facts about Donald Trump's son-in-law Jared Kushner

    Economy

    With Kushner reportedly under FBI scrutiny, the federal investigation into Russia's meddling in the 2016 presidential election appears to have moved right into Trump's inner circle. Todd Hinnen, the former acting head of the Justice Department's national security division, said it would be easy to read too much into investigators' interest in Kushner.
  • Jared Kushner Sought Secret Line To Russia

    Jared Kushner Sought Secret Line To Russia

    Economy

    The head of Russian state-owned Vnesheconombank, Sergei Nikolaevich Gorkov, a trained intelligence officer whom Mr Putin appointed, met Mr Kushner at Trump Tower in December. Trump himself has denied any untoward links with Russian Federation, and has said he hopes to improve relations with Moscow. According to NBC News , multiple U.S.
  • Liberum Capital Reiterates

    Liberum Capital Reiterates "Sell" Rating for Marks and Spencer Group Plc (MKS)

    Economy

    As per Thursday, October 8, the company rating was maintained by Davy Research. Berenberg Bank restated a "hold" rating and set a GBX 440 ($5.72) price target on shares of Meggitt plc in a research report on Thursday, February 9th. The Company's services include discretionary investment management, unit trusts, tax planning, trust and firm management, pension advice and banking services.