Economy

Mayor calls federal warning to sanctuary cities 'a red herring'

Mayor calls federal warning to sanctuary cities 'a red herring' It is unclear, however, whether the threat will come with real teeth. Gov. Kate Brown responded by saying OR "will not be bullied" into implementing Trump Administration policies. "On November 15th, 2017, the DOJ sent us a letter that stated "The following jurisdictions MAY violate 8 U.S.C. 1373". "We'll just have to figure it out", he said. [Full Article...]

Wal-Mart Stores (WMT) Cut to Hold at Zacks Investment Research

The company's institutional ownership is monitored at 33.3 percent. The stock increased 0.43% or $0.45 during the last trading session, reaching $105.9. The firm has "Neutral" rating by Societe Generale given on Friday, March 24. (NYSE: WMT ) on Friday, September 15 with "Buy" rating. (NYSE:BURL) earned "Outperform" rating by RBC Capital Markets on Friday, May 27. [Full Article...]

Powell takes over Fed chair at a time of economic calm

Powell takes over Fed chair at a time of economic calm From 1997 through 2005, he was a partner at The Carlyle Group. Lawmakers voted 84-13 in favour of the former private-equity executive, widely seen as a choice for policy continuity who U.S. Elizabeth Warren, D-Massachusetts, if his forecasts had proven to be wrong when he warned back in 2011 that the Fed should be moving interest rates up more quickly to keep inflation under control. [Full Article...]

Analyst Activity - Canaccord Genuity Reiterates Buy on Amazon.com (NASDAQ:AMZN)

Narwhal Capital Management, which manages about $490.63M and $403.49 million US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 35,732 shares to 230,510 shares, valued at $5.57M in 2017Q3, according to the filing. (NYSE:PEN) earned "Overweight" rating by JP Morgan on Tuesday, October 13. The rating was maintained by KeyBanc Capital Markets with "Hold" on Monday, August 28. [Full Article...]

No election dates until court decides on disqualified AAP lawmakers

No election dates until court decides on disqualified AAP lawmakers AAP spokesperson Raghav Chadha said Rawat had recused himself from hearing an office of profit case against the now disqualified 20 AAP MLAs after allegations that he was close to many BJP leaders including Madhya Pradesh Chief Minister Shivraj Singh Chouhan, reports IANS. [Full Article...]

Trending Stocks Analysis: Oracle Corporation (ORCL), Microsoft Corporation (MSFT)

Oracle Corporation (NYSE:ORCL) has risen 14.08% since January 23, 2017 and is uptrending. Clifford Swan Investment Counsel Llc decreased its stake in Oracle Systems (ORCL) by 3.7% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

IShares Core MSCI Europe (IEUR) Rises 0.51% for Jan 20

Presently, Alankit Limited (ALANKIT.NS) has a 14-day Commodity Channel Index (CCI) of -115.50. The CCI was created to typically stay within the reading of -100 to +100. The RSI was originally created by J. Welles Wilder which was introduced in his 1978 book "New Concepts in Technical Trading Systems". RSI measures the magnitude and velocity of directional price movements. [Full Article...]

Minnie Mouse honored with a star on the Hollywood Walk of Fame

Minnie Mouse honored with a star on the Hollywood Walk of Fame Mickey became the first cartoon character to receive a star on the Hollywood Walk of Fame to celebrate the 50th anniversary of Steamboat Willie in 1978. Perry began her speech, before later conceding on Instagram that nobody ever wore the signature red-and-white spotted getup better than Minnie herself. [Full Article...]

Starbucks to boost pay, benefits after United States lowers corporate taxes

Starbucks to boost pay, benefits after United States lowers corporate taxes These offerings will total more than $250 million for more than 150,000 partners and are accelerated by recent changes in the USA tax law. The tax cut dropped the corporate tax rate to 21 percent, resulting in a cash windfall for USA businesses. [Full Article...]

More US states eye donations to evade Trump tax changes

More US states eye donations to evade Trump tax changes Another idea is to allow residents to make a charitable donation to the state equivalent to what their state income tax liability would be. State governments , especially those hit hard by President Donald Trump's USA tax overhaul, are considering higher taxes on corporations to protect residents and state budgets from the new law's impact, officials said on Wednesday. [Full Article...]

New Jersey Governor Looks Into Major Medical Marijuana Expansion

New Jersey Governor Looks Into Major Medical Marijuana Expansion Trump announced his decision to end the program in September, but delayed implementation for six months to allow time for Congress to decide how to deal with dreamers. He called joining the lawsuit "a substantive" move on his administration's part. Murphy faulted the administration of Republican former Gov. Chris Christie for making it hard for residents to use the state's program, which has 1... [Full Article...]

Investors Taking a Second Look at Idera Pharmaceuticals, Inc. (NASDAQ:IDRA)

Investors Taking a Second Look at Idera Pharmaceuticals, Inc. (NASDAQ:IDRA) Trading volume for Idera Pharmaceuticals, Inc . was 14.02 Million in its previous trading session. Even if a stock is given a hold recommendation and remains flat, if it pays a dividend, the investor can still profit. Multiple company employees have indulged in significant insider trading. For example, a company with 40 million shares selling at $100 a share would have a market cap of $4 billion. [Full Article...]

Dollar tumbles after United States treasury chief welcomes weaker value

Dollar tumbles after United States treasury chief welcomes weaker value Barring any last minute changes in Washington, Trump will join world leaders and senior executives in Davos for the annual World Economic Forum . Gary Cohn, the head of Trump's National Economic Council, put it this way: "America First is not America alone". [Full Article...]

Maduro ready to stand in early presidential poll

Maduro ready to stand in early presidential poll Washington continued its political assault on Venezuela Wednesday, condemning the South American country's decision to call snap presidential elections and urging the Department of Justice to open up a drug-trafficking investigation into senior officials in the Nicolás Maduro administration. [Full Article...]

Sensex Opens Down 54 Points on Profit Booking

Sensex Opens Down 54 Points on Profit Booking The "Nifty traded and sailed past the 11,000 mark, while the BSE Sensex breached the 36,000 level for the first time after an International Monetary Fund report showed India was set to regain the title as the world's fastest growing major economy in 2018-19", Desai added. [Full Article...]

USA regulator probes into Tesla autopilot crash

USA regulator probes into Tesla autopilot crash The safety board sent two investigators to Culver City on Tuesday, according to spokesman Peter Knudson, while NHTSA confirmed Wednesday that it is also dispatching a special team "to investigate the crash and assess lessons learned". Level 5 vehicles can operate autonomously in almost all circumstances. The driver reports the vehicle was on Autopilot. Other automakers, including Mercedes-Benz, ... [Full Article...]

New York Considering Net Neutrality Legislation

New York Considering Net Neutrality Legislation After the initial ruling to repeal net neutrality by the FCC, 21 states , including NY, filed legal papers to fight the ruling. AT&T has taken out a series of full-page ads in major newspapers including The New York Times and The Washington Post calling for a net neutrality law that would govern both ISPs and web companies like Facebook and Twitter. [Full Article...]

Stocks under Discussion: BHP Billiton Limited (BHP), Telefonica, SA (TEF)

It has outperformed by 17.62% the S&P500. Orinda Asset Management Llc increased its stake in Ddr Corp (DDR) by 26.35% based on its latest 2017Q3 regulatory filing with the SEC. It also reduced its holding in Fossil Group Inc (NASDAQ:FOSL) by 592,609 shares in the quarter, leaving it with 680,418 shares, and cut its stake in Hartford Finl Svcs Group Inc (NYSE:HIG). [Full Article...]

Nearly two-thirds of startups collecting personal data aren't ready for GDPR

Nearly two-thirds of startups collecting personal data aren't ready for GDPR He added: "These figures show many organisations still need to act to make sure the personal data they hold is secure and they are prepared for our Data Protection Bill". The bill will give Information Commissioner's Office (ICO) more power to defend consumer interests and issue higher fines, of up to £17 million or 4 per cent of global turnover, for the most serious data breaches. [Full Article...]

Burger King Campaign Stirs Support For Saving Net Neutrality

Burger King Campaign Stirs Support For Saving Net Neutrality That's why the BURGER KING® brand created WHOPPER® Neutrality, a social experiment that explains the effects of the repeal of Net Neutrality by putting it in terms anyone can understand: A WHOPPER® sandwich. Burger King is, however, urging customers to sign a pro-net neutrality petition on Change.org . "The only Whopper here is that Burger King is grossly misleading consumers into the realm of ... [Full Article...]


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