Business

Business Ford to cut costs $14 bln, invest in trucks, electric cars -CEO
Author: 0 Ford to cut costs $14 bln, invest in trucks, electric cars -CEO

After Hackett took over in hours there were changes in the shares not reportable but some. "Part of the $7 billion capital reallocation includes reintroducing the Ranger pickup truck and Bronco SUV in North America and moving production of the next-generation Focus small auto to China, plans that were previously disclosed", writes Mike Colias for the Wall Street Journal .

Business Malaysia pace provides renewed belief — Ferrari
Author: 0 Malaysia pace provides renewed belief — Ferrari

Saturday's pole was the 70th of Hamilton's career and fifth in Malaysia , which is hosting its last F1 race on Sunday. However, Ferrari are confident that they will be able to re-use the gearbox during qualifying at the weekend after receiving the green light following investigations, according to BBC Sport .

Business Commerce Department places 220% duty on Canada's Bombardier jets
Author: 0 Commerce Department places 220% duty on Canada's Bombardier jets

Commerce Department. Couillard countered it was an investment, not a subsidy, and added that Boeing has benefited from decades of US government assistance. A favorable ruling for Boeing was expected, but not the steep duties Commerce proposed: 219.63 percent of the value of each C Series jet Bombardier sells into the U.S.

Business Jason Day signs off on winless 2017 PGA season
Author: 0 Jason Day signs off on winless 2017 PGA season

Thomas recalled how he started the 2016-17 season on a strong note with his second win at the CIMB Classic, which is the only PGA TOUR event staged in Southeast Asia. At Alabama , Thomas was the National Player of the Year in 2012 and a member of the Crimson Tide's national-championship team in 2013. In terms of actual golf game, my short game helped me out a lot.

Business The Impact Of Sam Bradford's Injury
Author: 0 The Impact Of Sam Bradford's Injury

Bradford declined to reveal the diagnosis of the current injury but said it's something he's never had. And then on Saturday morning I went to Thomas Tull (of the Steelers ownership group) and told him, "Hey, we gotta talk to Mr". Amendola, who has been dealing with concussion and knee issues, informed reporters that he will play Sunday. Adam Thielen and Stefon Diggs have combined for 321 receiving yards and two touchdowns while Kyle Rudolph has seven receptions.

Business Dollar Retreats As Post-Fed Meeting Glow Fades
Author: 0 Dollar Retreats As Post-Fed Meeting Glow Fades

The USD/JPY settled at 112.169, up 0.580 or +0.52%. Some Fed officials have warned against raising interest rates until inflation - which reflects the prices of everything from meat and cheese to houses and cars - meets the goal of 2% that they consider healthy for the economy .

Business Traders Eye Dollar, Fed Meeting
Author: 0 Traders Eye Dollar, Fed Meeting

In reaction to an unchanged interest rate the Dollars fell sharply with the NZDUSD spiking to 0.7430 before the accompanying statement reversed the move. The FOMC repeated language saying "near-term risks to the economic outlook appear roughly balanced". YELLEN: The decisions that we've made this year about rates and today about our balance sheet are ones we have taken because we feel the USA economy is performing well.

Business Most Asian indexes advance as investors await Fed meeting
Author: 0 Most Asian indexes advance as investors await Fed meeting

Silver prices have also been correcting lower over the last few days, following the trend in the gold prices and it now trades just above the $17.5 region. The Federal Reserve Open Market Committee (FOMC) will be having its two-day meeting on September 19 and 20, at which the bank is widely expected to announce the start of a cutback to its $4.4 trillion balance sheet.

Business Middle-class income hit highest level on record in 2016, Census Bureau reports
Author: 0 Middle-class income hit highest level on record in 2016, Census Bureau reports

At that time, there was a jump of 3.2 percent in median income for those answering the new questions. Poverty in the state also seemed to be falling. The median income had surged since 2014 because millions more Americans found full-time jobs, but there is little evidence that employers are rushing to offer raises to those who already are employed.

Business Pound jumps as BoE prepares market for a hike
Author: 0 Pound jumps as BoE prepares market for a hike

Maike Currie, investment director for personal investing at Fidelity International, added: "It's now nearly a decade since the Bank of England first took the knife to rates and despite talk about a rate hike being around the corner, it comes as little surprise that the Bank of England's Monetary Policy Committee is still in no rush to raise rates from their historic lows, with a majority 7-2 members voting to hold rates at 0.25%".

Business What you need to know
Author: 0 What you need to know

David Vega is a commercial lender at Bancorp South in Columbus. Check your credit reports from the three major credit reporting agencies: Visit annualcreditreport.com to check your credit reports for free to check for suspicious activity; each credit reporting agency is required to give you a free copy once a year.

Business OPEC Energy Production Fell In August, Oil Stuck At $50?
Author: 0 OPEC Energy Production Fell In August, Oil Stuck At $50?

The U.S. Energy Information Administration will release its official weekly oil supplies report at 10:30AM ET (1430GMT). The strength of the US dollar-which plays a role in the price of oil (a stronger USA dollar drives the price of oil down)-is on a slight decline trend, EIA also said.

Business Orlando International Airport plans to close Saturday for Hurricane Irma
Author: 0 Orlando International Airport plans to close Saturday for Hurricane Irma

In Miami and West Palm Beach , almost 35 percent of gas stations are out of gas, while Gainesville is reporting over 40 percent of its gas stations are out of gas. Flights to Albany International Airport from Florida cities are full or almost full, the Albany County Airport Authority said Thursday. "Then all of a sudden yesterday morning it was 'everybody gotta go, '" said Marcia McCullough.

Author: 0 Wall St opens higher as energy, financial stocks rise

CNBC, using hedge fund analytics tool Kensho, looked at what happened to financial markets after the last five times North Korea conducted a nuclear weapons test, beginning with its first test in 2006. "The ECB is now expected to wait until October to announce the future of its asset purchases program.", said the analyst. We now expect gold prices to average US$1265/oz and US$1300/oz in 3Q17 and 4Q17 respectively (+3% and +7% above previous forecasts) and US$1261/oz in CY18 (+3%) (Figure ...

Author: 0 United States taps crude from strategic reserves to cope with Hurricane Harvey

The selloff in crude futures is not expected to fade over the short-term as analysts expect crude supplies to increase amid the slump in refinery activity. But McTeague says Canada simply isn't producing enough to meet that demand. Phillips 66's Lake Charles refinery has capacity to process 239,400 barrels a day, according to data compiled by Bloomberg .

Business Maps show Hurricane Harvey flooding is worse than you thought
Author: 0 Maps show Hurricane Harvey flooding is worse than you thought

All that damage will be water damage. Hanna warned that "storm chasers" often go from home to home offering to do repairs. Loretta Worters, a spokesperson for the Insurance Information Institute , said floods do have a least one positive effect: They convince people who had shrugged off the risk to their homes to buy policies.

Business Uber's CEO search may end with Expedia's Dara Khosrowshahi
Author: 0 Uber's CEO search may end with Expedia's Dara Khosrowshahi

The Expedia CEO is set to succeed co-founder Travis Kalanick , who grew Uber into a $ 20 billion annual booking business a year ago, only to resign as CEO in June under investor pressure. Khosrowshahi is reportedly a compromise choice by the board. A spokesperson for the company declined to comment on the appointment and there has been no comment from Khosrowshahi .

Business The Trump administration won't deal a huge blow to Obamacare -- for now
Author: 0 The Trump administration won't deal a huge blow to Obamacare -- for now

But many experts say that former President Barack Obama's signature health care law is not "failing", as Trump has claimed it is, and that his administration's policies could kill it. The judge ordered a halt to the payments, but suspended the order to allow the government to appeal. The suit is on hold before a federal appeals court.

Business Daily Stormer Moves To Russian Domain, Dropped By Cloudflare
Author: 0 Daily Stormer Moves To Russian Domain, Dropped By Cloudflare

The tech industry's shunning of the Daily Stormer has sparked debate over what role companies should play in policing online content. Experts say it's within businesses' rights to restrict who uses their products. However, CloudFlare which provides website security including bolstering defenses against denial of service attacks and masking the identity of a site's domain provider, appears to be still providing DDoS protection services to The Daily Stormer .

Business Freeland charts course for more 'progressive' trade deal
Author: 0 Freeland charts course for more 'progressive' trade deal

President Donald Trump has threatened to withdraw from Nafta if Mexico and Canada don't agree to more favorable terms for the U.S. The CEO of Harry Rosen high-end men's clothing isn't afraid of the new e-commerce world. "They clearly want to do something on China, but China has a lot of leverage, so they have to think about it carefully", said Caroline Freund, a senior fellow at the Peterson Institute for International Economics.

Business S&P, Nasdaq rise 1 percent as North Korea tensions wane
Author: 0 S&P, Nasdaq rise 1 percent as North Korea tensions wane

While the data was strong, however, worries about retailers' earnings and the outlook for home improvement stores dragged on the S&P, with Home Depot and Lowes Companies representing the biggest drags on the benchmark. MSCI's broadest index of Asia-Pacific shares outside Japan was 0.1 per cent higher in afternoon trade, with Australia up 0.5 per cent. There are no Federal Reserve officials scheduled to speak on Tuesday.

Business Kenya's Odinga to announce strategy on 'stolen' poll Tuesday
Author: 0 Kenya's Odinga to announce strategy on 'stolen' poll Tuesday

Earlier, opposition leader and Presidential candidate Raila Odinga claimed massive fraud during Tuesday's Presidential polls. Wait for the next course of action which I will announce the day after tomorrow. Kenya's presidential spokesman Manoah Esipisu disputes these claims. Police has been using excessive force in and around Kisumu, a stronghold of defeated opposition leader Odinga, by cutting off electricity, sprayed live bullets into crowds, fired tear gas and blasted them with water ...

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