Money

Obama to charge $400000 for banking gig

Obama to charge $400000 for banking gig

Sources say there's a lot of flexibility in Barack Obama's contract to speak at the fall event, such as schedule conflicts or if there are any other concerns like "adverse publicity". Obama's actions towards Wall Street were less aggressive than his rhetoric. Obama will speak at Cantor's health care conference this September for a fee of $400,000 and has agreed to be the keynote speaker at a luncheon held on one day of the event. Read More

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Trump eyes changes to Obama's tax and Wall Street rules

The action plan promised large tax cuts for the middle class and businesses, a reduction of tax brackets to three from seven, simplified tax forms and an offshore profits repatriation tax holiday. President Donald Trump on Friday afternoon will sign three documents created to reduce tax and regulatory burdens, including a review of all major 2016 tax regulations. Read More

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Verizon loses wireless customers for first time

Verizon loses wireless customers for first time

Verizon , the once-unstoppable cellphone leader in the US, lost key wireless customers for the first time, even as it brought back unlimited data plans to counter smaller rivals. Verizon's rivals are slated to report their latest results in coming weeks. This New York-based carrier was once the superlative leader of the wireless industry in the U.S., whereas now it is battling to retain subscribers and getting them to opt for the paid premium service. Read More

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American Express revenue beats estimates after marketing push

American Express revenue beats estimates after marketing push

The company has an average rating of Hold and a consensus target price of $76.02. American Express Company (NASDAQ:AXP) has risen 19.82% over the past 6 months and is uptrending. We expect the company's top line to see growth from its strong global business, expansion in small business, new lending products (i.e., American Express EveryDay and small business), growth of loyalty business and prepaid products, and momentum in OptBlue with small merchants. Read More

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Video replay would not have spared Bayern's Arturo Vidal (if at all)

Real Madrid forward Cristiano Ronaldo ticked off yet another major milestone on Tuesday as his side secured a dramatic extra-time win over Bayern Munich to advance to the UEFA Champions League semi-finals. After Robert Lewandowski had scored a 53rd minute penalty for Bayern, an own-goal by Madrid defender Sergio Ramos in the 78th had given the German side a 2-1 lead in regulation time, and sent the game into extra time. Read More

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Businesses Offer 20% Off To Women For Equal Pay Day

Director of Workplace Policy for National Partnership.org, Sarah Fliesch-Flink said the statistics are plain for all to see. Where hopefully soon we will be celebrating women being paid the same as men for the same work. "Even more for women of color". " #EqualPayDay is a reminder that women deserve equal pay for equal work". Tuesday on "Equal Pay Day", California women's rights advocates highlighted a proposal to require employers to be more transparent about what they're paying their ... Read More

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Russian Federation relations at 'all-time low' after Syria attacks

Tillerson's comments came at a press conference following his meeting with Russian President Vladimir Putin and Foreign Minister Sergey Lavrov. They plan to press Trump to explain whether he will conduct future attacks against Syrian President Bashar al-Assad's regime as well as push for Congress to reassert its constitutional authority to declare war, congressional aides and lawmakers on the call told CNN . Read More

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Shareholders taking charge at AkzoNobel as takeover battle heats up

Shareholders taking charge at AkzoNobel as takeover battle heats up

Akzo says it "strongly supports" Chairman Antony Burgmans, while also accusing Elliott of intending to privately share potentially price-sensitive information with PPG about a decision to request an extraordinary meeting. "Akzo Nobel is sending a signal that it will use all means to avert the takeover", Theodoor Gilissen analyst Joost van Beek said by phone. Akzo has said PPG's 24.6 billion euros ($26 billion) offer is not worth discussing further - a stance which has angered some ... Read More

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S.C. gas prices continue spring rise; still lowest in nation

S.C. gas prices continue spring rise; still lowest in nation

The price of crude oil has risen about 15% over the previous year , although at $53 a barrel, oil still costs about half as much as it did in the middle of 2014. AAA said Georgia's average price of $2.28 per gallon was the highest since October 2016. "Gasoline prices rarely, if ever, decline between the start of the year and close of the first quarter as prices typically begin to spike in late-February due to refinery maintenance and the transition to summer gasoline", he wrote in his ... Read More

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Apple iPhone would be nothing without us - Qualcomm

Originally, it had been reported that Qualcomm was mulling retaliatory legal action against Apple , but that it hoped the business relationship between the two would go unaffected. In its own lawsuit against Qualcomm , Apple alleges that Qualcomm has been involved in price-fixing and that the chip designer has inflated the prices of essential components with its licensing model. Read More

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China factory prices jump as demand strengthens

China factory prices jump as demand strengthens

Year-over-year growth in wages excluding bonuses fell to 1.9 per cent, from 2.2 per cent, dragging down the ex-bonus headline rate to 2.2 per cent, from 2.4 per cent. The NBS said that mining inflation cooled to a still-brisk 33.7% over the year, down from 36.1% in February, while raw materials prices grew by 14.9%, below the 15.5% level reported previously. Read More

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Make-Up Of A Grand National Winner

His 16-1 rival claimed second, with 25-1 shot Saint Are third and 8-1 favourite Blaklion, who led for much of the contest, fourth. One for Arthur has become just the second Scottish trained victor of the Grand National. Owner JP McManus let him keep the ride in Saturday's Aintree spectacular and Codd did not let him down, enjoying a fantastic first ride in the race by finishing a clear second behind One For Arthur. Read More

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The Essential Pundit Take: 'Trump Became President' by Bombing Syria

The Essential Pundit Take: 'Trump Became President' by Bombing Syria

She got a lightning-fast rejoinder from CNN's Jake Tapper, who asked if she didn't see any "disconnect" between that sentiment and President Donald Trump's attempts to ban Syrian refugees. "This would be a great opportunity for the president to reconsider his previous statements and to think about the fact that these refugees are fleeing precisely the type of violence we are seeing this week in Syria", says Jennifer Sime, a senior vice president of the International Rescue Committee 's ... Read More

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Rahul seeks Yechury support for amendment to GST bills

Rahul seeks Yechury support for amendment to GST bills

New Delhi, Apr 6 The Lok Sabha today passed a bill which will ensure continuance of levy of excise on petroleum products and abolition of cess on some other items following GST rollout from July 1. Participating in the debate, Sharad Yadav of the Janata Dal-United said that "GST should be made easy, so people do not have any tax related problems". Read More

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Cuomo breaks silence on state budget

The Democrat introduced the short-term budget measure late Sunday to avoid a looming government shutdown after he and state lawmakers couldn't agree on a new, year-long spending plan. "On issues such as Raise the Age, there are political and ideological differences between the Senate and Assembly". "We're going to be looking at the potential for layoffs, we have contractual obligations that we have to take into account", said Tim Kremer, Executive Director of the New York School Boards ... Read More

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Wall St rally fizzles after Fed minutes

The Fed, chaired by Janet Yellen, bought Treasury and mortgage-backed bonds on a hitherto unprecedented scale in the wake of the financial crisis to help to keep interest rates low and to encourage job creation and economic growth. But financial markets have been closely watching for any Fed signal on the timing of when the Fed would begin reducing the level of its bond holdings by halting its current practice of replacing any maturing bonds. Read More

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Panera stock up due to sale rumors

The stock has been active on the tape, now trading at $282.63, up from yesterday's close by 7.93%. The target price for Panera Bread Company (PNRA) is $253.64/share according to the consensus of analysts working on the stock, with an expected EPS of $1.82/share for the current quarter. Read More

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Brexit is 'not the end' of the EU

Brexit is 'not the end' of the EU

Tusk will meet May in London ahead of an European Union summit on Brexit, which will not include her, on April 29. British Foreign Secretary Boris Johnson, in Brussels as North Atlantic Treaty Organisation ministers met US Secretary of State Rex Tillerson, said London was committed to European security and that it was "not some bargaining chip" in the Brexit talks. Read More

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AT&T to build broadband network for first responders

AT&T has won a multi-year contract to build a nation-wide high-speed network for first responders and says it will invest $40 billion in building it. FirstNet's spectrum is located in the 700MHz band often used for consumer LTE networks. For data and applications, first responders now use commercial networks, which can become quickly congested. Read More

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As GOP schism grows, Trump attacks fellow Republicans

As GOP schism grows, Trump attacks fellow Republicans

During the debate over the GOP's last health care bill, the Freedom Caucus' ever increasing demands on the House's Republican leadership progressively drove away Tuesday Group members. "I know that we are all gonna make a deal on healthcare". Mr. Trump said after the legislation failed that he had "learned a lot about loyalty" in Washington. Read More

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New Zealand beats Fiji 2-0 in World Cup qualifier

New Zealand beats Fiji 2-0 in World Cup qualifier

I congratulate all the boys because it was not easy and the way they played was very positive. "Especially when we played quickly forward they had a lot of bodies behind the ball", he said. "I've left some players out of the squad who are very, very good players", said Hudson. Fiji huddle together before their World Cup qualifying match against New Zealand . Read More

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Oil prices drop on rise in U.S. drilling

In the United States, West Texas Intermediate ( WTI) crude futures were up 33 cents at $48.38 a barrel, after testing support at $47 a barrel overnight. Total U.S. crude oil imports grew to 7.9 MMBPD in 2016, roughly 515,000 BPD higher than in 2015, as smaller price differences between global and domestic crude oils made importing more attractive in 2016 compared with the previous year. Read More

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Comcast to expand streaming service amid cord-cutting trend

Sources close to the company have revealed that the service is likely to hit the market in the third quarter with more than 50 million homes within Comcast's trace being the first beneficiaries. A new report states that it may not have so much variance from the older service. That said, there are a few caveats to the Xfinity Instant TV service spotted by our sister-site Variety that are worth highlighting. Read More

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