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Economy

The announcement comes months after Warren Buffett's Berkshire Hathaway (BRKB) has built up stakes in the top USA airlines. They claim that the two Middle Eastern governments have provided more than $40 billion in subsidies to their airlines, including Qatar Airways , allowing them to essentially dump capacity in the USA market.
  • Flint stabbing suspect in Midland County jail

    Economy

    Clemens days before the attack , officials said . - Amor Ftouhi , the man charged with stabbing an airport security officer in Flint, tried to buy a gun at the Gibraltar Trade Center in Mt. Authorities believe he entered the state of MI on 18 June after they found and searched his vehicle, which was left in the airport auto park. It confirmed Ftouhi's Canadian citizenship and said authorities were cooperating with USA investigators.
  • Italian PM 'guarantees' savers' accounts in 2 troubled banks

    Economy

    The banks' "good" assets will be taken on by Intesa Sanpaolo banking group. Also at risk are bank employees' jobs. That meant it could not take over those banks' bad loans, for which another solution would have to be found. Italy will pay up to 17 billion euros to break up two insolvent Venetian banks, which have posed a threat to country's banking system, the government announced Sunday.
  • Is the Whole Foods acquisition the beginning of Amazon's endgame?

    Is the Whole Foods acquisition the beginning of Amazon's endgame?

    Economy

    Amazon's purchase of Whole Foods ups the stakes in this battle of giant retailers by giving Amazon not just the physical spaces, but also the knowledge on how to run them. The Whole Foods Market in Midtown New York is seen on June 16, 2017. More seriously, he said it was too early to discuss these kinds of details, but highlighted that one of Amazon's core values take Whole Foods is likely to embrace is frugality.
  • Time to Buy Taylor Morrison Home Corp (TMHC) After Today's Big Decline?

    Economy

    Taylor Morrison Home Corp (NASDAQ TMHC) traded up 0.90% on Friday, reaching $23.54. Vanguard Grp owns 2.27 million shares for 0% of their portfolio. Its up 1.02% from 942,000 shares previously. FBR & Co. analysts stated on 28/04/2017 that they maintained their Mkt Perform rating. Deutsche Bank upgraded Taylor Morrison Home Corp (NYSE:TMHC) on Monday, September 21 to "Buy" rating .
  • African champions Cameroon crash out of Confederations Cup

    Economy

    Alexis Sanchez , 28, surpassed former La Roja star Marcelo Salas with his 38th global goal in Thursday's 1-1 draw with world champions Germany in Russian Federation to become his country's top goalscorer and is showing Arsenal just what they might lose out on as he stalls on a new contract.
  • Three killed, two injured in shooting at San Francisco UPS facility

    Three killed, two injured in shooting at San Francisco UPS facility

    Economy

    Police declared the scene contained about 90 minutes later. Zuckerberg San Francisco General Hospital received the victims, spokesman Brent Andrew said, but he did not know exactly how many. The victims have been identified as Benson Louie, 50, Wayne Chan, 56, and Michael Lefiti, 46, according to San Francisco's chief medical examiner.
  • Spain fights forest fire near nature reserve; 1000 evacuate

    Spain fights forest fire near nature reserve; 1000 evacuate

    Economy

    The Environment Spokesman for the regional government of Andalusia, Jose Gregorio Fiscal, told Spanish media that the flames have penetrated in the Donana National Park, which is one of the most important wetland reserves in Europe. "The wind is shifting, gaining strength, which is normal as we get to the afternoon", said Mr Sanchez. The area near Huelva, between Seville and the Algarve region of Portugal, is now experiencing a heat wave that is causing unsafe forest fires.
  • Petra Kvitova wins first title since stabbing at Aegon Classic in Birmingham

    Petra Kvitova wins first title since stabbing at Aegon Classic in Birmingham

    Economy

    Kvitova reached the latest milestone on her comeback by beating Australian Ashleigh Barty 4-6, 6-3, 6-3 to win the Aegon Classic in Birmingham on Sunday. In the other half the tournament's other Grand Slam victor, Garbine Muguruza , survived a powerful assault against CoCo Vandeweghe who eventually had to retire with an injured ankle picked up in her opening match and which she aggravated when she fell in the second set.
  • Markets Right Now: Stock indexes slip below recent records

    Markets Right Now: Stock indexes slip below recent records

    Economy

    At 12:37 p.m. ET (1637 GMT), the Dow Jones Industrial Average was down 37.39 points, or 0.17 percent, at 21,429.75, the S&P 500 was down 1.1 point, or 0.05 percent, at 2,435.93. Shares of Intel Corp (NASDAQ: INTC) fell 1.8% and Walt Disney Co (NYSE: DIS) finished 1.4% lower. MSCI has been considering including these A-shares in its index for years but had demurred until now due to a range of concerns, including their inaccessibility for global investors.
  • United Orders 100 of Newest Boeing Jet, Delta Chooses Airbus

    United Orders 100 of Newest Boeing Jet, Delta Chooses Airbus

    Economy

    He also hinted at orders for the 777 wide-body jet which faces a drop in production pending the arrival of a newer model. The third, Indonesia's Lion Mentari Airlines PT, announced an order for the 737 Max 10 on Monday, hours after Boeing formally launched the latest member of an aircraft family that has flown for a half century.
  • Amazon moves into real-world stores with $13.7 billion Whole Foods deal

    Amazon moves into real-world stores with $13.7 billion Whole Foods deal

    Economy

    Amazon will pay $42 a share in cash for the organic-food chain, the companies said on Friday. Now it wants to fill your fridge. Amazon founder and CEO Jeff Bezos acknowledged the almost four-decade history that Whole Foods has of "satisfying, delighting and nourishing customers", with its natural and organic products.