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Economy

With her authority diminished, May won some time when she performed well on Monday in front of Conservative lawmakers who said they would help her remain in power, at least for now. Former Treasury chief George Osborne — who was sacked by May a year ago — called May a " dead woman walking ", and Labour leader Jeremy Corbyn said he was ready to contest another election at any time.
  • Board Adopts Report on Uber's Culture, Silent on CEO Leave

    Board Adopts Report on Uber's Culture, Silent on CEO Leave

    Economy

    The Uber board is also said to be contemplating CEO Travis Kalanick taking time off from the company, possibly to return in another position with narrower responsibilities and stronger oversight. Uber's valuation has skyrocketed over time , to almost $70 billion. Uber's many high-profile missteps this year have been reflected in customer trends, with some users choosing to switch away from the service in favor of rivals, according to outside analysts.
  • Bank of America Corporation (BAC) Traders Should Start Listening to Analysts

    Bank of America Corporation (BAC) Traders Should Start Listening to Analysts

    Economy

    SPXC's SI was 553,600 shares in June as released by FINRA. Share performance for the month is now at 2.50%. About shares traded. Regions Financial Corp ( NYSE :RF) has risen 48.79% since June 12, 2016 and is uptrending. Hollow Brook Wealth Management Ltd Liability Corporation reported 234,075 shares or 3.2% of all its holdings. Jfs Wealth Limited Company invested in 11,970 shares.
  • G7 talks end with gap between USA, other states

    G7 talks end with gap between USA, other states

    Economy

    The other six countries in the G-7 all agreed at last month's political summit of national leaders in Sicily to work toward making the Paris climate accord effective. The statement says that the Paris agreement remains as the global mechanism to effectively and urgently handle climate change and for the adaptation to its effects, while reiterating that it is irreversible and its comprehensive management is crucial for the security and prosperity of the world, societies and economies.
  • The IAMGOLD Corp (IAG) Lifted to "Neutral" at Bank of America Corp

    Economy

    HSBC downgraded IAMGOLD Corp (USA) (NYSE:IAG) on Monday, October 26 to "Reduce" rating. First Analysis downgraded Xactly Corp (NYSE:XTLY) on Wednesday, May 31 to "Equal-Weight" rating. On average, equities research analysts expect that IAMGOLD Corp will post $0.04 earnings per share for the current fiscal year. COPYRIGHT VIOLATION WARNING: "IAMGOLD Corp (IMG) Price Target Raised to C$8.00" was originally posted by BBNS and is the property of of BBNS.
  • Trump Proposes Privatizing US Air Traffic Control

    Trump Proposes Privatizing US Air Traffic Control

    Economy

    President Trump said his plan to reform the country's air traffic control system will save money, but a study released a year ago predicts a 20 to 29 percent increase in operational costs over the next decade if the system is privatized .
  • Berenberg Bank Boosts Pearson plc (PSON) Price Target to GBX 605

    Economy

    It has underperformed by 3.35% the S&P500. Shares of Aviva plc (AV) opened at 530.86 on Monday. The Cullen Capital Management Llc holds 1.96 million shares with $53.66 million value, down from 1.98M last quarter. Hodges Capital accumulated 388,944 shares. Karpus Management Inc has invested 0.1% in Anglo Pacific Group plc (LON:APF). Pnc Financial Service Gp has invested 0% in RiceBran Technologies (NASDAQ:RIBT).
  • 49 victims of Pulse massacre remembered in daylong services

    Economy

    The 21-year-old works with LGBTQ youth at Our Gente, a program of The Epicenter in Salinas . Florida Sen. Bill Nelson said during the memorial, "friends and neighbors. We met at the Oasis Community Outreach Center , an LGBTQ-affirming church catering to Orlando's black and brown community that has provided a sanctuary and a source of emotional support for some of the survivors .
  • Britain's May brings back foe, aiming to unite party before Brexit

    Economy

    The British general election last week has done little to remove the uncertainty facing the business community and Britain's worldwide partners as it delivered a shock hung Parliament, forcing the government to turn to the right-wing Northern Irish Democratic Unionist Party (DUP ) for support .
  • Merkel urges speedy Brexit talks

    Economy

    It was a surprise move - Gove was sacked as justice minister by May past year after his bid to become party leader forced now-foreign minister Boris Johnson from the race, amid accusations of treachery and political backstabbing. Two of her closest aides, Nick Timothy and Fiona Hill, who had been the focus of some criticism, resigned on Saturday. " We are ready to start negotiations ", Juncker told the magazine.
  • Qatar foreign minister denounces 'unfair', 'illegal' sanctions

    Qatar foreign minister denounces 'unfair', 'illegal' sanctions

    Economy

    Such measures may involve delays and raise costs for Qatar; on Monday Fitch put Qatar's AA credit rating on Rating Watch Negative, saying a sustained crisis could hurt its credit outlook. The UAE has also ordered its banks to stop dealing with major Qatari lenders. Senegal was first to recall its ambassador from Qatar's capital Doha .