Canadian economy shrinks in second quarter, worst showing since financial crisis

Watt said the Canadian trade figures over the coming months will be key. The poor showing is being partly blamed on the wildfire that devastated the Albertan city of Fort McMurray in May which led to the suspension of oilsands operations. More..

by | Published more than a month ago
Potash Corp and Agruim Inc. in Merger Talks
by | Wednesday, August 31, 2016

Potash Corp and Agruim Inc. in Merger Talks

This has had both Potash and Agrium scrambling to preserve profitability. "I'm not sure this would have gone ahead a couple of years ago", said La Bell. In phosphate, Agrium doesn't have significant productio...More..

Apple Must Pay €13bn in Back Taxes, European Commission Rules
by | Wednesday, August 31, 2016

Apple Must Pay €13bn in Back Taxes, European Commission Rules

The EC's assessment showed these "head offices" existed only on paper and could not have generated such profits. The tech giant says the decision "will have a profound and harmful effect on investment and j...More..

Uber, rival Careem suspend services in UAE capital Abu Dhabi
by | Tuesday, August 30, 2016

Uber, rival Careem suspend services in UAE capital Abu Dhabi

Rumors swirled that as many as 50 drivers had been detained and perhaps as many as 70 cars had been impounded. Uber said via its app: "Due to unforeseen circumstances, we will suspend operations in Abu Dhabi ...More..

Maharasthra Assembly to hold special meeting today to ratify GST bill
by | Tuesday, August 30, 2016

Maharasthra Assembly to hold special meeting today to ratify GST bill

So far, nine states including three states not ruled by the BJP-led National Democratic Alliance (NDA) have ratified the Bill. Thane: MNS chief Raj Thackeray has said GST should be collected by local self...More..

FAA Announces New Guidelines and Restrictions for Drone Use
by | Tuesday, August 30, 2016

FAA Announces New Guidelines and Restrictions for Drone Use

The drone can't weigh more than 55 pounds, fly higher than 400 feet, and must remain visible at all times. Prior to the new law, commercial drone operators had to go through a long and costly process to obtai...More..

Postal union puts job action on hold for 24 hours
by | Tuesday, August 30, 2016

Postal union puts job action on hold for 24 hours

Canada Post has been bargaining with its employees for nine months, but both sides were far apart as of late last week over key issues of pension reform and pay scales for rural postal workers. Employment, Work...More..

Trump willing to let undocumented immigrants stay if they pay back taxes
by | Monday, August 29, 2016

Trump willing to let undocumented immigrants stay if they pay back taxes

Now he appears to be back to his original promise. Coulter has said Trump requested and received an advance copy of the book. "But we want to come up with something fair". Strong measures against illegal immi...More..

TRACKING THE TROPICS: Tropical system moving through Bahamas
by | Monday, August 29, 2016

TRACKING THE TROPICS: Tropical system moving through Bahamas

As of the last advisory from the hurricane center , at 4 a.m. CDT, Tropical Storm Gaston was located about 820 miles east-southeast of Bermuda and was moving northwest at 15 mph. The Hurricane Center gave th...More..

by | Monday, August 29, 2016

German economy minister: EU-US trade talks have failed

It comes as Theresa May summoned ministers for a meeting on Wednesday to discuss ideas for the UK's withdrawal. The group are part of the new Open Britain movement, which has taken over from the defeated Re...More..

by | Monday, August 29, 2016

Warning of 'war' on farmers, Trump seeks support in Iowa

Joni Ernst's annual Roast and Ride event, Trump began by noting "there are millions of American-Americans in this country who have succeeded" but stressed that government has failed black communities, with ne...More..

by | Sunday, August 28, 2016

Corbyn secures seat on Virgin train

But Mr Corbyn's lack of love for Europe is well known, and his lukewarm European Union campaign might be the one issue that has damaged him in supporters' eyes. "It's not my decision whether she should face a c...More..

ITT Tech banned from taking new students with federal aid
by | Saturday, August 27, 2016

ITT Tech banned from taking new students with federal aid

ITT Tech operates 4 campuses in IL - three in the Chicagoland and one in Springfield. Surety funds are held by the department in a Federal Holding Account and are used for liabilities related to investigatio...More..

Textile maker Welspun under increased scrutiny over sheets
by | Saturday, August 27, 2016

Textile maker Welspun under increased scrutiny over sheets

On Friday, the shares opened at Rs 55.50 a piece, up slightly from its closing of Rs 54.50. Welspun India's investors have lost almost Rs 5,000 crore after Target Corp, one of its largest clients announce...More..

Biden announces new funding for Amtrak Northeast Corridor
by | Saturday, August 27, 2016

Biden announces new funding for Amtrak Northeast Corridor

U.S. rail operator Amtrak on Friday awarded a $2.0 billion (1.8 billion euros) deal to French manufacturer Alstom to supply new trains for its key Acela service between Washington, New York and Boston. During...More..

Fed's George: Time for USA to Raise Rates
by | Saturday, August 27, 2016

Fed's George: Time for USA to Raise Rates

George, who is a voting member of the Fed's policy committee this year, said she didn't know if anything would cause her to change her mind at the Fed's meeting next month. The U.S. economy added 255,000 jobs i...More..

by | Friday, August 26, 2016

Fed regional bank boards increase pressure for rate hike

George spoke to FOX Business ahead of hosting the Kansas City Fed's annual symposium in Jackson Hole, Wyoming. "[But] I do believe the case for removing accommodation is strengthening". "It doesn't mean I think...More..

by | Friday, August 26, 2016

TSX dips as lower commodity prices weigh on resource stocks

Still, the materials group, which includes precious and base metals miners as well as fertilizer companies, fell 1.1 percent. The Canadian dollar was at 77.19 cents United States, down 0.59 of a cent from Fri...More..

by | Friday, August 26, 2016

Tesla Clears Antitrust Hurdle In $2.6 Billion Deal For SolarCity

Elon Musk, chairman of SolarCity and CEO of Tesla Motors , speaks at SolarCity's Inside Energy Summit in Manhattan, New York October 2, 2015. On Tuesday, the company disclosed in a filing to the regulators...More..

Jobless Claims Come in Lower than Expected
by | Friday, August 26, 2016

Jobless Claims Come in Lower than Expected

The four-week moving average of news claims was 264,000, down 1,250 from the previous week's unrevised average. Economists polled by Reuters had forecast first-time applications for jobless benefits rising to 2...More..

Man, woman sought in woman's killing, kidnapping of 3 kids
by | Thursday, August 25, 2016

Man, woman sought in woman's killing, kidnapping of 3 kids

Mendoza further said that the couple fled with the children - including two girls, 2-year-old Joslynn Watkins and 5-year-old Rylee Watkins, and a boy, 3-year-old Brayden Watkins - on Interstate 40, and drove th...More..

Thousands without power after Indiana tornadoes
by | Thursday, August 25, 2016

Thousands without power after Indiana tornadoes

Violent storms just north of Indianapolis completely destroyed a Starbucks and ripped roofs off of houses in what the National Weather Service is calling a "particularly risky situation". Wednesday. A tornado...More..

by | Thursday, August 25, 2016

Oil falls on surprise build in USA crude stocks

USA crude jumped 70c, or 1.4%, to $48.11. Members of the Organization of the Petroleum Exporting Countries led by Saudi Arabia and non-members like Russian Federation are to meet informally next month in A...More..

by | Wednesday, August 24, 2016

Pence Vows to Release Taxes by Election Day: 'A Quick Read'

Pence's decision comes one day after Hillary Clinton, the Democratic presidential nominee, and her running mate Tim Kaine released their tax returns to the public. Frustratingly for Republicans, Trump's misstep...More..

New Home Sales Surged in July
by | Wednesday, August 24, 2016

New Home Sales Surged in July

The growth seen in July was most likely exaggerated the strength of the housing market as it has not yet been matched by housing demand. The median home price fell by 0.5%, potentially reflecting the regional...More..

FBI to probe laser beam incident at pipeline protest site
by | Wednesday, August 24, 2016

FBI to probe laser beam incident at pipeline protest site

Protesters at the Dakota Access Pipeline site south of Mandan have reportedly disrupted more than construction on the ground. Jennifer Cook, policy director of the ACLU of North Dakota has released the foll...More..

Revenue Secretary reviews IT preparedness of RBI, CBEC for GST
by | Wednesday, August 24, 2016

Revenue Secretary reviews IT preparedness of RBI, CBEC for GST

Commercial Tax Minister Amar Agrawal tabled the resolution for discussion, and after a discussion which saw participation of legislators from both treasury and opposition benches, it was ratified unanimously. V...More..

by | Wednesday, August 24, 2016

Fisherman unknowingly caught potential world record pearl

The enormous pearl was found by fisherman who cast down his anchor and it got wedged on a rock during a storm, said Tourism officer Aileen Cynthia Amurao. "We're waiting for authentication from the Gemologist I...More..

by | Tuesday, August 23, 2016

Coach K Receives Hero's Welcome at RDU After Rio Gold Medal

With all of these NBA players having endured seasons that spanned anywhere from seven to nine months, there's a concerted effort to minimize the wear and tear that comes with volunteering to play for the nation...More..

Advanced Micro Devices Inc. (AMD) Rating Increased to Sell at Vetr Inc
by | Tuesday, August 23, 2016

Advanced Micro Devices Inc. (AMD) Rating Increased to Sell at Vetr Inc

Stock's price oscillated from $1.65 to $8.00 during past twelve months. (NASDAQ:AMD) stock is now trading at about $6.73 and lots of rating firms seem to have a target price set on the stock. (AMD). The consens...More..

Drake Revived Ye Olde Meek Mill Beef
by | Tuesday, August 23, 2016

Drake Revived Ye Olde Meek Mill Beef

The Drake versus Meek Mill feud has maintained a rolling boil for more than a year since Meek accused Drake of using a ghostwriter for hit song lyrics. "He's always been realer than you... your conten...More..

Valeant installs former Zoetis CFO as new finance chief
by | Tuesday, August 23, 2016

Valeant installs former Zoetis CFO as new finance chief

But Mr. Papa has had some success in stabilizing the company. "Rob's integrity, work ethic and business acumen will be assets as we further develop our strategies to improve people's lives with our healthcare p...More..

Kobe Bryant starts $100 million investment fund
by | Tuesday, August 23, 2016

Kobe Bryant starts $100 million investment fund

Bryant, who just finished off his Hall of Fame career with five National Basketball Association championships, has recently entered into a $100 million business venture with investor Jeff Stibel . Bryant hopes...More..

Speedo pulls out of sponsorship deal with Ryan Lochte
by | Tuesday, August 23, 2016

Speedo pulls out of sponsorship deal with Ryan Lochte

Speedo USA, Ralph Lauren and mattress company Airweave all announced they were no longer supporting Lochte as sponsors. "While we have enjoyed a winning relationship with Ryan for over a decade and he ha...More..

by | Tuesday, August 23, 2016

RMT's five-day strike on Southern starts

But Theresa May's official spokeswoman denied the government had a responsibility to resolve the dispute, saying it had to be settled between the company and unions. The RMT held a number of strikes at ScotRail...More..

Lamborghini debuts Centenario Roadster in Pebble Beach
by | Monday, August 22, 2016

Lamborghini debuts Centenario Roadster in Pebble Beach

Lamborghini had the coupe version of the Centenario earlier this year. Revealed yesterday at The Quail: A Motorsports Gathering during Monterey Car Week, the Centenario Roadster celebrates the 100th birthday ...More..

by | Monday, August 22, 2016

Donald Trump could be a puppet for the Kremlin: Hillary Clinton campaign

Trump also told Hispanic supporters that he regrets comments he made earlier in his campaign, when he said Mexico is sending rapists, drug dealers and other criminals across the US border, Univision report...More..

by | Monday, August 22, 2016

Nigeria oil rebels announce ceasefire

The oil rebels have also said the Niger Delta, home to the country's multibillion-dollar oil and gas resources, might declare independence on October 1. The group said it supports a dialogue "to engage with the...More..

by | Monday, August 22, 2016

Clinton consolidates her position in three swing states

Out of time to build a campaign to match Clinton's, the team at Trump Tower will by necessity focus on a broad messaging effort to capture the attention of voters and try to highlight Clinton's shortcomings. ...More..

Urjit Patel appointed as RBI Governor
by | Monday, August 22, 2016

Urjit Patel appointed as RBI Governor

A notification on the website of the department of personnel and training said: "The Appointments Committee of the Cabinet has approved the appointment of Urjit R. Patel has been a part of the International Mo...More..

by | Sunday, August 21, 2016

All three top stock indexes post record closing highs

The Bloomberg Commodity Index added 0.90 percent on the session. The Nasdaq is up 197.17 points, or 3.9 percent. Today's economic calendar remains heavy, with investors awaiting reports on German consumer ...More..

Insider Trading Alert: Chesapeake Energy Corporation (CHK)
by | Sunday, August 21, 2016

Insider Trading Alert: Chesapeake Energy Corporation (CHK)

The 12-month target is $4.44 with zero rating the company a strong buy, zero rating the stock a buy, zero firms rating the stock a hold, zero rating the stock to underperform, and lastly zero firmsrating the co...More..

Urjit Patel to replace Raghuram Rajan as new RBI governor
by | Sunday, August 21, 2016

Urjit Patel to replace Raghuram Rajan as new RBI governor

As a part of this the new RBI Gov, Urjit Patel will have to deal with a slew of challenges. The chief of the Reserve Bank of India is typically chosen by the prime minister in consultation with the finance mi...More..

Saudi Arabia Wants an Oil Production Cut; China Wants Steel Overcapacity Cuts
by | Sunday, August 21, 2016

Saudi Arabia Wants an Oil Production Cut; China Wants Steel Overcapacity Cuts

Oil prices have rallied in August, first on a surprise sharp draw in US gasoline stockpiles on. West Texas Intermediate for September delivery slid as much as 54 cents to $46.04/bbl on the New York Mercantile...More..

by | Saturday, August 20, 2016

Treasuries Fall as Traders Gauge Fed Path After Williams Remarks

Societe Generale SA isn't expecting any increases in United States borrowing costs this year. Gold fell for the first time in five sessions early on Friday as hawkish comments from US Federal Reserve official...More..

John Varvatos launches Guns N' Roses capsule collection
by | Saturday, August 20, 2016

John Varvatos launches Guns N' Roses capsule collection

The poster, which appears legitimate, says the band will play at Western Springs Stadium in Auckland and Westpac Stadium in Wellington over Waitangi Weekend in 2017. Additionally, guests can enter to win one of...More..

by | Saturday, August 20, 2016

Markets Right Now: Stocks closing higher on Wall Street

Australian shares added 0.1 percent. The Dow Jones industrial average fell 57 points, or 0.3 percent, to 18,495. The common currency was at ¥113.44 late Thursday. The dollar index, which tracks the greenback ...More..

Macy's to shutter 100 stores; unclear if Eugene's will be among them
by | Saturday, August 20, 2016

Macy's to shutter 100 stores; unclear if Eugene's will be among them

Macy's has been suffering from declining tourist traffic in its more urban stores that rely more heavily on overseas travelers. The planned closures come as part of an effort to improve the quality of Macy'...More..

A-level results: Record UK university places offered
by | Friday, August 19, 2016

A-level results: Record UK university places offered

The proportion of students offered the coveted A* and A grades in the United Kingdom dropped slightly, from 25.9% in 2015 to 25.8% this year. The figures show United Kingdom 18-year-olds from the least advant...More..

Trump receives first classified intelligence briefing
by | Thursday, August 18, 2016

Trump receives first classified intelligence briefing

Donald Trump will have his his first classified briefing as the Republican Party's presidential nominee Wednesday, ABC News reports . "It's unthinkable", added Trump, who is scheduled to receive his first i...More..