Economy

Still, the president's moves are not created to massively disrupt existing commercial ties that have grown between the USA and Cuba since the Obama administration moved to restore diplomatic ties in late 2014. The new policy bans most USA business transactions with the Armed Forces Business Enterprises Group, a Cuban conglomerate involved in all sectors of the economy.
  • Trump was 'wrong' to leave climate change deal: United Kingdom minister

    Trump was 'wrong' to leave climate change deal: United Kingdom minister

    Economy

    The summit was the first since President Donald Trump declared he would pull the US out of the global Paris accord earlier this month. "Scott Pruitt's many distortions and falsehoods about the Paris agreement , the reality of the climate threat, and the economic and employment benefits of the clean energy revolution have been sharply rejected by the other G7 environment ministers".
  • Shale oil boom to hurt OPEC well into 2018

    Economy

    The IEA expects global oil demand to rise by 1.4 million barrels a day in 2018-but non-OPEC supply alone is set to edge up by 1.5 million barrels. That led to a downturn in crude oil prices as many market watchers were anticipating deeper cuts. OPEC's plan to cut production and support prices is likely to be undone by increased output in the USA, the International Energy Agency predicted Wednesday.
  • Amazon Buying Whole Foods for $13.7 Billion

    Economy

    The reported sale of Whole Foods is here, with the winning bidder none other than online retail giant, Amazon . Commentators see a move by Amazon as a way of strengthening its position in the United Kingdom grocery sector. Whole Foods stock immediately soared nearly 27% on the news . Target Corp .'s stock fell to $50.30, down more than 9 percent. It announced Friday that it's buying online men's clothing retailer Bonobos for $310 million in cash, following a string of online ...
  • Qatar asks UN body to resolve Gulf airspace row

    Economy

    Unlike neighbouring Eritrea, Addis Ababa, however, did not take sides over the Gulf crises but said today it supports Kuwait's initiative to ease the crises. He insisted that only 16% of food imports cross the now-closed land border with Saudi Arabia, although others put the figure far higher. Eritrea's decision comes only a few days after Qatar and Saudi Arabia officials sought diplomatic support from Ethiopia and Eritrea as their East African allies.
  • Doctors Update Condition of Congressman Shot at Baseball Practice

    Economy

    A sign in the crowd proclaimed "ONE FAMILY" and the announcer's mention of Mr Scalise , the House majority whip who was critically wounded in the attack, brought the masses to their feet. The doctor described how a bullet from an assault rifle entered Scalise's hip and traversed his pelvis, shattering blood vessels, bones and internal organs along the way.
  • Kaiser Aluminum Corporation (KALU) Stock Rating Upgraded by BidaskClub

    Economy

    The company saw a fall in short interest from May 31, 2017 to May 15, 2017 of -12.26%. MSB's SI was 58,500 shares in June as released by FINRA. Its up 5.81% from 13.95 million shares previously. The company was initiated on Friday, March 11 by Credit Suisse. The company has market cap of $541.27 billion. This represents an increase of 1,095% compared to the typical volume of 3,109 call options.
  • Clarkson Capital Reaffirms "Neutral" Rating for Barrick Gold Corp (ABX)

    Economy

    The stock declined 2.19% or $0.35 reaching $15.6 per share. About 6.56M shares traded. Mackie downgraded Barrick Gold Corp (USA) (NYSE:ABX) on Monday, June 20 to "Sell" rating. The stock of Barrick Gold Corp (USA) (NYSE:ABX) has "Sell" rating given on Friday, May 26 by Berenberg. Next quarter's EPS is forecasted at $0.20 and the next full year EPS is projected to be $0.76.
  • Dems, GOP join on ball field as they don't in Congress

    Economy

    Scalise , a congressman from Louisiana who is the No. 3 House Republican, suffered injuries to internal organs, broken bones and severe bleeding after being shot in the left hip on a baseball field in Alexandria where he and other lawmakers were practicing for a charity baseball game.