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America's biggest banks pass post-crisis stress tests

The Fed said that the banks would collectively lose almost half a trillion dollars in its most extreme scenario but they would still be able to lend money. and Wells Fargo and Co. - the four biggest USA banks by assets. The Fed has changed the emph...

Watch a NYC Bus Careen Backwards Down the Street with No Driver

Wednesday in Bushwick, but left it in neutral. No passengers were on board the Queens No. 58 route, from Ridgewood to Flushing. The bus eventually stopped at the intersection of Knickerbocker and Palmetto Street, crashing up against the outside of ...

Burned body of Oklahoma minister discovered near his church

Guest speaker: Elder Donna Myles, Community Missionary Baptist Church , Dallas. Memorial Road Church of Christ , 2221 E Memorial Road, "Shine So Bright", 9 to 11:30 a.m. Monday-Wednesday with adult class, Gaining By Losing and Youth Class, "Let...

Time to Get US Air Traffic Control Out of the 1960s

Huerta released a brief statement, saying he supports "looking at new ways to help us provide stable and sufficient funding to more rapidly modernize our system, while maintaining the highest level of safety". It also enables air traffic corporatio...

Oil prices under pressure from rising OPEC supplies

Global benchmark Brent crude futures fell to $49.93 a barrel, down 70 cents, or 1.38 percent, by 0630 GMT. Refinery crude runs rose 229,000 barrels per day to 17.5 million bpd, surpassing its last peak at 17.3 million bpd in the week to April 21, ...

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

Moody's also changed its outlook on China to stable from negative after revising the outlook to negative from stable in March 2016. It's "absolutely groundless" for Moody's to argue that local government financing vehicles and state-owned enterpri...

Fox News May Be Having Ratings Troubles, Here's The Latest

Sean Hannity reassured viewers Tuesday that he is staying at Fox News , after the network signaled a lower tolerance for conspiracy mongering by retracting an article about the killing of Democratic National Committee staffer Seth Rich.

NEXT plc (NXT) Upgraded to Buy at Investec

They presently have a GBX 1,100 ($14.31) target price on the stock. Barclays Capital's target price per share indicates a potential downside of -6.59% from the company's previous close. It has underperformed by 17.76% the S&P500. The firm has "Hold" ...

Montana's absentee vote turnout in the spotlight after Gianforte 'body slam'

Jacobs was trying to ask Greg Gianforte a question about the Congressional Budget Office's score of the GOP healthcare bill to repeal Obamacare when the alleged assault happened. Fox News Channel reporter Alicia Acuna, who was preparing to inte...

Supreme Court puts new restriction on patent trolls

More than a third of all patent-infringement lawsuits filed between 2014 and 2016 were filed in just one of the 94 federal courts: the Eastern District of Texas , which some say is friendly to trolls. What's more, a judge in Marshall handled almost ...

Westpac says new major tax to impact 2H17 by $65M after tax

The lender, which posted a $7.8 billion full-year profit in 2015/16, says the 0.06 per cent levy would apply to $615 billion of liabilities, with the cost on an annualised basis about $260 million after tax. "It must be passed on somewhere", he said....

Aust men's sevens team in London q-finals

Australia has qualified for the Cup quarter finals, winning two of its three pool games on day one of the World Series London Sevens tournament. It's so special and I'm so proud of the boys. They then produced another against-the-odds comeback to b...

Actress Reema was most cheerful person on sets: Rajeev Verma

The Marathi actress was taken to the hospital late on Wednesday night after she complained of chest pain. Lagoo's son-in-law Vinay Waikul told PTI, "She was complaining of chest pain so we took her to the hospital at around 1 AM". 'Reema Lagoo was ...

Trump to address graduates of US Coast Guard Academy

He seemed defiant though, telling the grads. "Never, never, never give up. Things will work out just fine", Trump continued, in what sounded like a pep talk to himself as much as to the graduates. President Trump complained Wednesday that the pre...

Spicer confirms Western Wall 'clearly in Jerusalem'

The Texas senator's statement follows statements from three separate Trump administration officials refusing to say whether the Western Wall in (Israel's capital city of) Jerusalem is part of Israel. Friedman arrived Monday and immediately visite...

North Korea: New long-range missile can carry heavy nuke

U.S. president Donald Trump has called for far stronger sanctions on North Korea after the country test-fired a ballistic missile. "The Secretary-General calls on the DPRK to ensure full compliance with its worldwide obligations and return to the pat...

Hyundai, Kia Recall Moves Forward

Hyundai and Kia initially rejected the recall, saying that the defects did not affect safety. The subjected models include Hyundai's Avante compact, i30 hatchback, Sonata midsize sedan and Sante Fe crossover, the luxury Genesis G80 and EQ900 s...

Cassia voters vote out incumbent school board members

Sagaponack voters unanimously passed the school's $1.7 million budget proposal, with 19 votes for and none against. Catania has said the district plans to pair the incurring of that new debt with shedding its current debt service from capital proje...

Hackers threaten to leak unreleased Disney movie if not paid 'huge' ransom

Deadline .com said the film was Pirates of the Caribbean: Dead Men Tell No Tales, the latest instalment of the franchise starring Johnny Depp. The company's future theatrical release schedule includes " Pirates of the Caribbean: Dead Men Tell No Ta...

Elon Musk Has Solve for Los Angeles Traffic, Too

Vehicles will be transported through the tunnels on platforms, called skates or sleds, powered by electricity at speeds of up to 200 kmh (125 mph). Since he was dropping video on us, Musk posted on Instagram before tweeting out the links.

United States retail sales rose 0.4% in April

On a 12-month smoothed basis, retail sales rose by 4.1%, their smallest increase in eight months. Retail trade sales were up 0.4% from March 2017, and up 4.5% from previous year. Consumer confidence has soared since the presidential election, but s...

Puerto Rico Governor Announces $70 Billion Debt Restructuring Plan

He noted that unlike a regular bankruptcy on the USA mainland, a judge can not unilaterally seize any of Puerto Rico's assets without prior authorization from the federal control board. This led to an influx of investment dollars to Puerto Rican bond...

Need to choke financial resources of Naxal groups: Rajnath Singh

The Home Minister also wanted special action plans through the Universal Service Obligation Fund (USOF) to increase connectivity across the entire extremist-affected areas. the Centre will also need to take concrete steps". "At the same time, the for...

Mike Tyson is full of praise for Anthony Joshua

Right before last Saturday's epic fight, Joshua was presented with a bespoke Range Rover SVAutobiography Dynamic, a £150,000 (N61m) auto that would naturally command respect anytime it's on the road. Sean Murphy, Joshua's first boxing coach, claimed ...

Italy gets Google to pay $335 million in tax arrears

In 2015, the last year for which accounts are available, Google Ireland generated sales to the value of €22.6bn - about a third of its total income that year - but only paid €48m in tax here. In late 2015, USA tech giant Apple paid 318 million euros ...

National Day of Prayer is Thursday

Signed into law by President Harry S. Truman, this national call to pray for America takes place on the first Thursday of each May. In 1988, the law was amended so that the National Day of Prayer would be held on the first Thursday of May.

Physicians Realty Trust Setting The Table For Earnings

Among 10 analysts covering MercadoLibre ( NASDAQ:MELI ), 4 have Buy rating, 2 Sell and 4 Hold. Institutional investors now hold around $2.62 billion or 67.5% in QTS stock. The dividend yield stands at 3.26% while the payout ratio is 148.80%. Lexing...

Here's How Trump's New Tax Plan Could Affect Your Wallet

They must be deeply embarrassed at now having to pretend that two plus two equals seven. Overall it's not even likely that this plan will pass , but if the proposed changes confuse you, here's a simplified breakdown of who will benefit most f...

Appeals court upholds decision to block Anthem bid for Cigna

After the merger was first blocked, Cigna filed a lawsuit against Anthem seeking at least $14 billion in damages, which is a lot more than the $1.85 billion contractual breakup fee. Analysts have speculated that Cigna could use any money it rec...

Fiat Chrysler profit up more than a third as Europe improves

On 12/29/2015 announced a special dividend of $0.01 with an ex dividend date of 1/4/2016 which will be payable on 1/5/2016. Fiat Chrysler's earnings increased to €0.43 (46 cents) per share in the first quarter of 2017, up about 27.2% from the year-...

AT&T (T) bleeds customers in disappointing Q1 >>> READ MORE

And T-Mobile did not provide a forward looking statement on Net income, which is normal for T-Mobile. ARPU represents unit service revenues of wireless carriers such as Sprint, Verizon (VZ), AT&T (T), and T-Mobile ( TMUS ). Tracking the stock price i...

BOJ Rate Decision: Monetary Policy Left Unchanged Amid Higher Growth Outlook

The Governor, Haruhiko Kuroda believes that the Bank of Japan needs to continue the accommodative policy, and asset purchases since the inflation rates are quite sluggish. At the two-day rate review that ends on Thursday, the BOJ is likely to offer a...

Twitter reports $A81m Q1 loss

As for the profit result, Twitter cut its GAAP expenses by 10% on a year-over-year basis and saw its net loss decrease 23% from a year earlier. Twitter Inc reported a 6% increase in monthly active users , beating analysts' expectations, after ...

Watch List: Freeport-McMoRan Inc (NYSE:FCX)

Price changes in a company's bonds in credit markets sometimes anticipate parallel changes in its share price. Jefferies Group LLC's price objective suggests a potential upside of 18.52% from the stock's previous close. For current fiscal year, mos...

Why to Keeping Eye on Aetna Inc. (AET), Honeywell International Inc. (HON)?

Most recently on 2/23/11 the stock of Honeywell International Inc. Institutional investors own 76.17% of the company's stock. Guggenheim Capital LLC raised its stake in Honeywell International by 11.1% in the fourth quarter. In the trailing 12 months...

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Breaking News

North Korea: New long-range missile can carry heavy nuke

U.S. president Donald Trump has called for far stronger sanctions on North Korea after the country test-fired a ballistic missile. "The Secretary-General calls on the DPRK to ensu...

Hyundai, Kia Recall Moves Forward

Hyundai and Kia initially rejected the recall, saying that the defects did not affect safety. The subjected models include Hyundai's Avante compact, i30 hatchback, Sonata mi...

Cassia voters vote out incumbent school board members

Sagaponack voters unanimously passed the school's $1.7 million budget proposal, with 19 votes for and none against. Catania has said the district plans to pair the incurring of t...

Hackers threaten to leak unreleased Disney movie if not paid 'huge' ransom

Deadline .com said the film was Pirates of the Caribbean: Dead Men Tell No Tales, the latest instalment of the franchise starring Johnny Depp. The company's future theatrical rel...

Elon Musk Has Solve for Los Angeles Traffic, Too

Vehicles will be transported through the tunnels on platforms, called skates or sleds, powered by electricity at speeds of up to 200 kmh (125 mph). Since he was dropping video ...

United States retail sales rose 0.4% in April

On a 12-month smoothed basis, retail sales rose by 4.1%, their smallest increase in eight months. Retail trade sales were up 0.4% from March 2017, and up 4.5% from previous year ...

Puerto Rico Governor Announces $70 Billion Debt Restructuring Plan

He noted that unlike a regular bankruptcy on the USA mainland, a judge can not unilaterally seize any of Puerto Rico's assets without prior authorization from the federal control...

Need to choke financial resources of Naxal groups: Rajnath Singh

The Home Minister also wanted special action plans through the Universal Service Obligation Fund (USOF) to increase connectivity across the entire extremist-affected areas. the Cen...

Mike Tyson is full of praise for Anthony Joshua

Right before last Saturday's epic fight, Joshua was presented with a bespoke Range Rover SVAutobiography Dynamic, a £150,000 (N61m) auto that would naturally command respect anyti...

Italy gets Google to pay $335 million in tax arrears

In 2015, the last year for which accounts are available, Google Ireland generated sales to the value of €22.6bn - about a third of its total income that year - but only paid €48m i...

Special Reports

National Day of Prayer is Thursday

National Day of Prayer is Thursday

Signed into law by President Harry S. Truman, this national call to pray for America takes place on the first Thursday of each May. In 1988, the law was amended so that the Nati...

Physicians Realty Trust Setting The Table For Earnings

Physicians Realty Trust Setting The Table For Earnings

Among 10 analysts covering MercadoLibre ( NASDAQ:MELI ), 4 have Buy rating, 2 Sell and 4 Hold. Institutional investors now hold around $2.62 billion or 67.5% in QTS stock. The d...

Appeals court upholds decision to block Anthem bid for Cigna

Appeals court upholds decision to block Anthem bid for Cigna

After the merger was first blocked, Cigna filed a lawsuit against Anthem seeking at least $14 billion in damages, which is a lot more than the $1.85 billion contractual breakup...

Here's How Trump's New Tax Plan Could Affect Your Wallet

They must be deeply embarrassed at now having to pretend that two plus two equals seven. Overall it's not even likely that this plan will pass , but if the proposed changes c...

Fiat Chrysler profit up more than a third as Europe improves

On 12/29/2015 announced a special dividend of $0.01 with an ex dividend date of 1/4/2016 which will be payable on 1/5/2016. Fiat Chrysler's earnings increased to €0.43 (46 cents)...