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Airbus profits hit by A400M costs

Hailed at the time as an innovative, fixed-price commercial-style deal, the contract foundered over the problems with the West's largest turboprop engines and an ambitious schedule for innovations such as ground-hugging technology to avoid radar.

Sunday and Public Holiday Penalty Rates Cut

In a laborious 551-page decision, the Fair Work Commission has grudgingly acknowledged that times have changed since "penalty rates" were introduced in the 1940s for work done outside Monday to Friday daytime hours. The commission reviewed Saturday...

Edinburgh ranked 'second most congested city in the UK'

Moscow took second place, with motorists sitting in traffic jams for 91 hours, followed by NY on 89. According to the newly published findings the United Kingdom is the third worst traffic congestion country in Europe and drivers are spending an av...

United Kingdom economy strong in 2016 but signs of weakness ahead

However, the pound fell after the report, which no longer showed the United Kingdom was the fastest-growing major advanced economy previous year. Meanwhile business investment decreased by 1.5 per cent between 2015 and 2016, a fall of £2.7bn.

Burger King owner loves that chicken at Popeye's, paying $1.8 billion

Kobza says RBI expects to brand's growth to accelerate in worldwide markets, with numerous development agreements signed within the last three years. Restaurant Brands was formed in 2014 when 3G Capital-backed Burger King acquired Tim Hortons, the ...

Health premiums cut in half in pre-election BC budget

It will be phased in with the rate being cut to 3.5 per cent from seven per cent effective this fall, and fully exempt from PST by April 2019. Phasing out the PST on power will cost the province $164 million in foregone revenue. So how might the 2017...

From London, Macron lays red carpet for banks, academics, and researchers

On Monday, Ms Le Pen told Mr Hariri that in her opinion the only realistic alternative to Mr Assad was a Syria ruled by Islamic State. "This is the protocol" at the mufti's office, the statement said. In a statement on Tuesday, officials said...

Jay Z is launching a venture capital fund

As with most projects involving the Carters, Jay Z and his fellow businessmen haven't publicly commented on the VC fund. The focus will be investing in start-ups and technology companies, the site reported . Since 2012, Shawn Carter and Brown have...

Arms trade hits highest level since Cold War

With a one-third share of global arms exports, the USA was the top arms exporter in 2012- 16. Overall the middle east's arms imports increased by 86% with Qatar increasing their imports ny 245%. The Middle East and Asia remain the key markets f...

Michael Floyd: 5 best fits in National Football League free agency

Bodycam footage showed officers approaching Floyd's auto at the intersection and needing a forceful knock to wake up an unconscious Floyd. The Patriots spent considerable time talking about ways to get Floyd on the 46-man game-day roster, but they ...

Limited Upside from Cisco (CSCO) After Recent Rally

This Computer and Technology Sector stock now has the Market Capitalization of 162.14 Billion. (NASDAQ: CSCO ) to report earnings on Feb, 15 for the fiscal quarter ending Jan 2017. The original version of this report can be read at https://www.com-un...

NC chefs named James Beard semi-finalists

Lomas was nominated a year ago in the same category. Miami, however, was shut out of the Outstanding Bar Program, Outstanding Pastry Chef, and Outstanding Chef awards, though Andrew Carmellini (The Dutch) was nominated for an Outstanding Chef award...

US National Security Adviser Flynn resigns over controversial Russian contacts

Just three weeks after taking office, and after a campaign that highlighted his executive experience, Trump is facing calls both from inside and outside his administration to reshuffle his senior leadership team. On Tuesday, The New York Times pub...

More than 55000 United States bridges structurally deficient

State officials have identified needed repairs on 1,614 bridges, which the state estimates will cost $888 million. If that's all the improvement that can be gained in 12 months, the group says it would take more than 20 years to improve or replace al...

Teva Pharma Q4 Profit Beats Estimates; Reaffirms 2017 Non-GAAP Guidance

Hudock Capital Group LLC increased its position in Teva Pharmaceutical Industries Limited by 37.6% in the second quarter. The stock floated in a price range of $14.53 to $15.41, with market capitalization of $2.84B. Investors of record on Thursday,...

'Fifty Shades Darker': What the Critics Are Saying

Newsday archly noted : "For a woman like Anastasia, there's only one real enemy, of course: another woman." Variety: "The new film has lost its predecessor's feminine perspective". This comes after the Fifty Shades Darker cast has reportedly be...

Sen. John McCain vs. President Donald Trump

But at Wednesday's press briefing, Spicer took exception, saying that the raid was a success, and that "anyone who would suggest that it is not does a disservice to the life of Chief Ryan Owens". The comment sparked a firestorm of criticism from bo...

Ryanair says fares fall more than expected but profits on track

Ryanair CEO Michael O'Leary said: "As previously guided, our fares this winter have fallen sharply as Ryanair continues to grow traffic and load factors strongly in many European markets". Ryanair maintained its full-year profit forecast for a rang...

Comments on President Trump's Executive Action on Dodd-Frank & Fiduciary Rule

This afternoon, the president ordered a review of the 2010 financial regulatory law Dodd-Frank and directed the Secretary of Labor to review the fiduciary rule, a regulation set to go into effect in April. Conservatives opposed to the legislation arg...

Trump 'Fumes' At Australian PM Over Obama Refugee Deal

The Prime Minister and President were speaking about a proposed asylum seeker deal that would see the US take in 1,250 refugees from Australia's offshore detention centres on Nauru and Manus Island, Daily Mail reports. Opposition leader Bill Shorte...

Head of Homeland Security meets with Abbott in RGV

Nearly 2,000 miles of border separates the two countries. "Any discussion about the protection of our southwest border involves discussion of physical barriers but also of technological sensors, things like that", Kelly told Fox News .

Peter Thiel citizenship file released

Of course, Thiel's application for citizenship in New Zealand-which has free public health care, a minimum wage of about 11 US dollars, and a strong social safety net-came several years before he became one of Trump's most public boosters. In the Jan...

Idea to join Reliance Jio, will roll out VoLTE services this year

Now, Vodafone has confirmed that its Indian subsidiary and Idea cellular are in talks for a merger. Idea, on its part, stated that the talks are based on equal rights for both the companies. Insiders said this was likely to be dropped by the merged...

Donald Trump: 'US President is a negotiator, not Terminator' - Mexican billionaire, Slim

On Thursday, Peña Nieto canceled his meeting with Trump. In a brief appearance Wednesday at the Department of Homeland Security, President Donald Trump went out of his way to paint illegal immigrants as unsafe predators, making no distinction betwe...

Diageo profits soar as favourable exchange rates pour life into drinks giant

The company saw its operating profit increase 4.4% on an organic basis , double of what the analysts had predicted. Diageo , which makes brands including Smirnoff vodka and Captain Morgan rum, said pretax profit in the six months ended December ...

Australian Inflation lower than expected

Annual CPI growth quickened to 1.5 per cent from 1.3 per cent, however it fell short of economists' forecasts for a 1.6 per cent increase. This marks the ninth consecutive quarter that inflation has been well below it. The average of RBA's two core i...

NAR: Existing-Home Sales In 2016 Reached Highest Rate In A Decade

Inventory dropped for the 19th month in a row, with unsold properties at a 3.6-month supply, down from 3.9 months a year ago. While a strengthening economy and tightening labor market, which is steadily driving up wages, are supporting the housing ...

Safran Takeover of Zodiac Aerospace Revealed in $9B Bid

The tie-up would create the second-largest global supplier of aircraft equipment which would benefit from "global leadership positions across the whole aircraft value chain" with combined revenues of 21.2 billion euros, it said. The deal, supported b...

Canadian Dollar Spanked by its Central Bank

The Bank of Canada is holding its benchmark interest rate at 0.5 per cent and providing a deeper assessment of the risks associated with the big economic unknowns of a Trump presidency. US stocks have already priced in a lot of good news, mostly on...

Essilor acquiring Ray-Ban producer

Already the owner of big sunglasses brands like Ray Ban and Oakley, Italian eyewear company Luxottica has turned its gaze to the corrective lens market . The companies had expected rapid growth in the global eyewear market, saying that at least 2.5 b...

Do Bank Of America's Results Justify The Share Price?

The company announced its last quarter financial performance results on 10/17/2016. The company has a Mean Recommendation of 1.94 based on a scale of 1-5 provided by Thomson Reuters . The Market Capitalization of the company stands at 233.12 Billio...

Rex Tillerson Faces Confirmation Hearing For Secretary Of State

However, he said they could also send a "weak" message unless carefully crafted and applied on an worldwide basis. Liberal advocacy group American Bridge quickly pointed out that Exxon did, in fact, report lobbying on Iran sanctions legislation in ...

Obama Ending 'Wet Foot, Dry Foot' Policy for Cuban Migrants

If everything checks out, they are allowed to enter the United States under a law that is usually reserved for " individual cases of exceptionally compelling humanitarian or national interest ". The so-called "wet foot, dry foot" policy was create...

Def Leppard returning to Usana Amphitheatre, June 19

We'll keep you posted on more as they come. Glam rockers Def Leppard are set to become the next artist to make a return to the Denny Sanford Premier Center. "I know all of us will give 1,000 percent on stage, and we are looking forward to perform...

December retail sales finish 2016 on a high note

The total, which is up 4 percent over 2015, exceeded the trade organization's 3.6 percent. Core sales, the figures that are used to calculate gross domestic product and which exclude such categories as autos, gasoline stations and building material...

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Breaking News

'Fifty Shades Darker': What the Critics Are Saying

Newsday archly noted : "For a woman like Anastasia, there's only one real enemy, of course: another woman." Variety: "The new film has lost its predecessor's feminine perspecti...

Sen. John McCain vs. President Donald Trump

But at Wednesday's press briefing, Spicer took exception, saying that the raid was a success, and that "anyone who would suggest that it is not does a disservice to the life of C...

Ryanair says fares fall more than expected but profits on track

Ryanair CEO Michael O'Leary said: "As previously guided, our fares this winter have fallen sharply as Ryanair continues to grow traffic and load factors strongly in many European m...

Comments on President Trump's Executive Action on Dodd-Frank & Fiduciary Rule

This afternoon, the president ordered a review of the 2010 financial regulatory law Dodd-Frank and directed the Secretary of Labor to review the fiduciary rule, a regulation set to...

Trump 'Fumes' At Australian PM Over Obama Refugee Deal

The Prime Minister and President were speaking about a proposed asylum seeker deal that would see the US take in 1,250 refugees from Australia's offshore detention centres on Naur...

Head of Homeland Security meets with Abbott in RGV

Nearly 2,000 miles of border separates the two countries. "Any discussion about the protection of our southwest border involves discussion of physical barriers but also of techn...

Peter Thiel citizenship file released

Of course, Thiel's application for citizenship in New Zealand-which has free public health care, a minimum wage of about 11 US dollars, and a strong social safety net-came several...

Idea to join Reliance Jio, will roll out VoLTE services this year

Now, Vodafone has confirmed that its Indian subsidiary and Idea cellular are in talks for a merger. Idea, on its part, stated that the talks are based on equal rights for both th...

Donald Trump: 'US President is a negotiator, not Terminator' - Mexican billionaire, Slim

On Thursday, Peña Nieto canceled his meeting with Trump. In a brief appearance Wednesday at the Department of Homeland Security, President Donald Trump went out of his way to pai...

Diageo profits soar as favourable exchange rates pour life into drinks giant

The company saw its operating profit increase 4.4% on an organic basis , double of what the analysts had predicted. Diageo , which makes brands including Smirnoff vodka and Ca...

Special Reports

Australian Inflation lower than expected

Annual CPI growth quickened to 1.5 per cent from 1.3 per cent, however it fell short of economists' forecasts for a 1.6 per cent increase. This marks the ninth consecutive quarter ...

NAR: Existing-Home Sales In 2016 Reached Highest Rate In A Decade

NAR: Existing-Home Sales In 2016 Reached Highest Rate In A Decade

Inventory dropped for the 19th month in a row, with unsold properties at a 3.6-month supply, down from 3.9 months a year ago. While a strengthening economy and tightening labor m...

Safran Takeover of Zodiac Aerospace Revealed in $9B Bid

Safran Takeover of Zodiac Aerospace Revealed in $9B Bid

The tie-up would create the second-largest global supplier of aircraft equipment which would benefit from "global leadership positions across the whole aircraft value chain" with c...

Canadian Dollar Spanked by its Central Bank

Canadian Dollar Spanked by its Central Bank

The Bank of Canada is holding its benchmark interest rate at 0.5 per cent and providing a deeper assessment of the risks associated with the big economic unknowns of a Trump pres...

Essilor acquiring Ray-Ban producer

Already the owner of big sunglasses brands like Ray Ban and Oakley, Italian eyewear company Luxottica has turned its gaze to the corrective lens market . The companies had expected...