Markets

Energy shares lead Asian stock losses as oil falls under $45

Energy shares lead Asian stock losses as oil falls under $45 US West Texas Intermediate ( WTI ) futures were trading at US$44.14 per barrel at 0335 GMT, down US$1.39 or 3 per cent, after a more than 4 per cent drop the previous session. The contract sank 4.8%Thursday. JOB REPORT: Investors' attention now turns to U.S.jobs data due after Asian markets close, when the Labor Department releases nonfarm payrolls for April. [Full Article...]

Sean Spicer evaded questions on Comey by 'hiding in a bush'

Sean Spicer evaded questions on Comey by 'hiding in a bush' In his letter, Mr Comey said he had long believed that a president could fire an Federal Bureau of Investigation director for any reason or for no reason at all. It came as such a shock to the director as he discovered he was out of a job via breaking reports on TV news when speaking to personnel at the FBI's Los Angeles office. [Full Article...]

Jakarta governor immediately taken to prison

It was significant because, as an ethnic Chinese Indonesian and a Christian, he is a double minority in Muslim-majority Indonesia. Mr Purnama was taken into custody immediately after the verdict was read out. But a short distance away, the atmosphere among the governor's critics - a coalition of Islamic groups - was one of anger. "Despite protests of his innocence and evidence that his words w... [Full Article...]

S/African court gives Zuma week to explain midnight cabinet reshuffle

S/African court gives Zuma week to explain midnight cabinet reshuffle Former finance minister Pravin Gordhan would not return to his job, even if the courts found that President Jacob Zuma had erred by unceremoniously removing him and his deputy Mcebisi Jonas from their positions. The ANC says the court ruling amounts to opposition parties using the judiciary to police political decisions and sets a very worrisome precedent. The president's reshuffle prompted two ... [Full Article...]

Oil gains for the day, but drops over 6% for the week

Oil prices stabilized in Asian trading Friday after hitting a five-month low while regiona. The Canadian dollar, the Australian dollar and Russia's rouble - some of the world's most commodity- sensitive currencies - were all sent spinning, falling respectively to 14-month, four-month and seven-week lows. [Full Article...]

Google to pay €306m in Italy tax deal

Google to pay €306m in Italy tax deal The company worked out a similar deal with the United Kingdom over a year ago, paying £130 million to British tax authorities. In late 2015, the Organisation for Economic Cooperation and Development released recommendations in a bid to claw back as much as $240 billion in lost revenue each year through suspicious tax practices across the globe, such as funnelling money through certain countries ... [Full Article...]

Podcast: Can 'Bachelor' Chris Soules avoid jail time for fatal crash?

Podcast: Can 'Bachelor' Chris Soules avoid jail time for fatal crash? However, there are no witnesses or video evidence of Soules purchasing the alcohol to support the claim . Prosecutors are also reportedly arguing that Soules was not in compliance with the law since he allegedly did not "immediately return to the scene of the accident or inform the law enforcement authorities where he could be located". [Full Article...]

Report Names Wisconsin Among 12 Worst States for Drinking Water Safety

Report Names Wisconsin Among 12 Worst States for Drinking Water Safety The Pennsylvania systems that are recorded as having health-based violations had pollutants such as disinfectants, coliforms and nitrates at levels that could damage human health, the report said . "What our review of EPA data found is that almost 77 million Americans are served by community water systems that have violations". "We're in the process of reviewing the NRDC report but have many ... [Full Article...]

Japanese destroyer joins protection mission amid questions of constitutionality

Japanese destroyer joins protection mission amid questions of constitutionality Japan's navy has dispatched its largest destroyer to escort a U.S. military ship off the Japanese coast amid heightened tension on the Korean Peninsula. The mission is clearly a show of force by President Shinzo Abe , who has been keen to expand Japan's military role over the years. North Korea conducted another missile test on Saturday, its third launch in April alone, which reportedly faile... [Full Article...]

Japan to send biggest warship to protect USA supply vessel

Japan to send biggest warship to protect USA supply vessel In addition to the MI, the US strike group just offshore North Korea now includes the USS Wayne E Meyer , a Los Angeles class attack submarine, USS Michael Murphy , USS Lake Champlain , and the USS Carl Vinson aircraft carrier that supports approximately 90 fighter jets and helicopters. [Full Article...]

VA limiting new hiring as it aims to widen private care

VA limiting new hiring as it aims to widen private care The order by VA Secretary David Shulkin is described in an internal April 14 memorandum obtained by The Associated Press . Shulkin also said that the the new office will create a new level of accountability for agency employees while also ensuring "that we're honoring the commitment we have to our whistleblowers that come forth and identify issues, so that there's not a retaliation against th... [Full Article...]

Marissa Mayer is about to get really rich off Yahoo's sale

Marissa Mayer is about to get really rich off Yahoo's sale A yes vote, which is widely expected, would end Marissa Mayer's largely unsuccessful five-year effort to restore the internet pioneer to greatness. "That includes stock options valued at more than $84 million and restricted-stock units worth about $25 million at the current share price of $48.15". [Full Article...]

Obama to charge $400000 for banking gig

Obama to charge $400000 for banking gig The former president's reported speaking fee is near twice the price commanded by Hillary Clinton , the 2016 Democratic presidential nominee. Former President Obama is set to net $400,000 for speaking at a Wall Street health care conference; that's almost twice what Clinton was paid to become one of the most expensive speakers on Wall Street. [Full Article...]

AT&T Continues to Lose Subscribers

AT&T Continues to Lose Subscribers DirecTV , though, remained flat at 21 million subscribers and DirecTV Now, the recently launched online service, helped to offset defections from U-verse, though the company did not disclose specifics. AT&T , like its telecommunications rival Verizon Communications Inc., faced heightened competition from unlimited-data plans offered by T-Mobile US Inc. [Full Article...]

Internet firms winding up for a fight on 'net neutrality'

Internet firms winding up for a fight on 'net neutrality' Changing the net neutrality that is as per his liking is the latest regulatory rollback for Pai who is in office only since January. In recent weeks, Pai has considered immediately invalidating that aspect of the net neutrality rules, some people familiar with the matter said, by issuing a so-called declaratory ruling that would undo the work of his Democratic predecessor, former FCC chairman ... [Full Article...]

Kevin Chappell on course for first PGA Tour victory in Texas

Kevin Chappell on course for first PGA Tour victory in Texas Chappell's front nine was a roller coaster with three birdies, three bogeys, and a double-bogey, but ended the day with the lead with a much cleaner back nine. Chappell had nearly the same distance for his approach on 18, and he landed it past the hole to set up the winning putt. He stuck that to about three feet and made the birdie to go into the clubhouse tied with Chappell. [Full Article...]

Trump says he will release tax reform package next week

Direct the Treasury Secretary not to use orderly liquidation authority to bail out insolvent financial institutions, reigniting the debate over a key provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. His report will explore if it would be better to liquidate troubled financial firms through a modified form of bankruptcy. "It is probably going to look a lot lik... [Full Article...]

Amid competition, Verizon loses key customers for first time

Aggressive customer offers from T-Mobile and Sprint have created the competitive pressure that caused Verizon's first-quarter subscriber losses and prodded the carrier to finally go unlimited. For years, Verizon has been able to continue to add customers, even as carriers like T-Mobile and Sprint have offered comparable plans at rock bottom prices with free phone deals and other gimmicks. [Full Article...]

Analytical Approach on: American Express Company (NYSE:AXP)

Analytical Approach on: American Express Company (NYSE:AXP) Vetr upgraded Express Scripts Holding Company from a "buy" rating to a "strong-buy" rating and set a $79.36 price target for the company in a research report on Monday, March 6th. Shareholders of record on Friday, April 7th will be given a dividend of $0.32 per share. The ex-dividend date is Wednesday, April 5th. This represents a $1.28 annualized dividend and a yield of 1.69%. [Full Article...]

Neuer fractures foot as Bayern lose to Madrid

However, after Arturo Vidal was sent off, Ronaldo hit the century mark in Europe's top club competition on 104 minutes and completed his hat-trick 5 minutes later. The game's first contentious moment came when Arturo Vidal , whose tackle on Asensio was full-blooded but clean, was shown a second yellow card. Vidal said Kassai robbed Bayern of a chance to go through to the semifinals for the si... [Full Article...]


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