Saturday February 16-th, 2019

Market to parse Powell words for clues to Fed's future hikes Market to parse Powell words for clues to Fed's future hikes

Morgan economist Michael Feroli said in a preview analysis of the coming Fed session. "We no longer expect any rate hike this year, " said Philip Marey at Rabobank. They did reduce their forecast for rate increases this year from three to two. Th...

Gamestop stock price plunges after it pulls plug on finding buyer Gamestop stock price plunges after it pulls plug on finding buyer

In a report by Variety , Wedbush Securities analyst Michael Pachter said that GameStop's decision to shift gears might mean that company was simply unable to find an investor. It still dominates the video game industry when it comes to pre-owned pro...

Trump’s Tariffs Help Wipe Out Harley-Davidson Profits Trump’s Tariffs Help Wipe Out Harley-Davidson Profits

Harley's profits have also been hampered by tariffs on steel and aluminum levied by the Trump administration past year, which then led to Trump supporting a boycott of the company as punishment for moving production overseas . Global sales were ...

Intel to get $1 billion grant for Israel investment Intel to get $1 billion grant for Israel investment

Kahlon tweeted, "We have been working on this for a year and here are the results: Intel's global management has informed us this evening about their decision to invest another NIS 40 billion in Israel". Economy Minister Eli Cohen said it was the big...

Significant snow possible Monday evening into Tuesday

A weather system moving from west to east is expected to dump five to 15 centimetres of snow across the region starting this morning. Rozinskis said that wind gusts of up to 60 km/h can be expected, presenting a hazard of blowing snow. Travel may b...

Brexit: Theresa May seeks backing for amendment calling for changes to backstop Brexit: Theresa May seeks backing for amendment calling for changes to backstop

Conservative MPs were informed on Monday evening that they would be whipped to vote for the amendment - assuming it is selected by Commons Speaker John Bercow. Tony Lloyd, the shadow Northern Ireland Secretary, suggested the party might support Ms C...

China, Russia opposes unilateral sanctions against Venezuela China, Russia opposes unilateral sanctions against Venezuela

While rights monitors say hundreds of demonstrators have been arrested in recent days, Guaido has so far avoided arrest, while making occasional and brief public appearances. Venezuela was once a Latin American success story and has the world's large...

Vote on Brexit ‘plan Bs’ could lead to deeper deadlock - Paris Gourtsoyannis Vote on Brexit ‘plan Bs’ could lead to deeper deadlock - Paris Gourtsoyannis

The European Research Group, led by Jacob Rees-Mogg, said they want the government to table its own amendment that would commit to reopening the withdrawal agreement - the part of Mrs May's deal that lays out how the United Kingdom will leave the EU ...

Keyless cars unlock rich pickings for thieves Keyless cars unlock rich pickings for thieves

This was up from 75,308 in 2013-14, a rise of 49 per cent. Thefts were also revealed to have increased by 15 per cent between 2016-17 and past year. ADAC tested a total of 237 keyless cars and found that all but three were vulnerable to attack.

Nissan says it's 'cooperating fully' with inquiry by US SEC Nissan says it's 'cooperating fully' with inquiry by US SEC

Eventually, Ghosn was removed as chairman of Nissan, in addition to losing his positions as CEO of Renault and chairman of Mitsubishi Motors. "We understand an investigation into a criminal case is conducted by highly independent investigative au...

63% Believe America Is Headed in 'Wrong Direction' After Shutdown, Poll Finds

In a odd twist of fate that must befuddle those who cheered Pelosi's hard line on the subject of the shutdown, refusing to budge even an inch on the border wall in order to force the president to re-open the government without concessions on the part...

Brazil's Bolsonaro sees first hand the devastation following dam burst Brazil's Bolsonaro sees first hand the devastation following dam burst

The evacuation efforts diverted attention from the search for hundreds of people missing after Friday's burst dam unleashed a torrent of mud, burying the mining facilities and nearby homes. At least 37 people died and almost 300 were missing. and l...

U.S. confirms China trade talks to begin this week in Washington U.S. confirms China trade talks to begin this week in Washington

Mnuchin also said that there had been "significant movement" in the talks so far, and there will be around 30 days for further negotiations after the meetings in Washington on Wednesday and Thursday to reach an agreement before a 2 March deadline f...

Brazil dam disaster: 58 dead, 305 missing Brazil dam disaster: 58 dead, 305 missing

The incident sparked a national outcry and was the second such disaster to strike Brazil in just over three years amid lax inspections of mining sites. Some residents barely escaped with their lives. 'I saw all the mud coming down the hill, snappin...

Faster Charging Than Tesla's Supercharger? Porsche Promises It For the Taycan Faster Charging Than Tesla's Supercharger? Porsche Promises It For the Taycan

While free 3-year unlimited access to Electrify America's chargers would undoubtedly be a notable selling point for the Taycan , Porsche's dealers across the country would also be offering their own charging perk. And of course, all 191 Porsche deal...

Plane diverted after flight attendant dies Plane diverted after flight attendant dies

The flight had 253 passengers and 12 crew members, and was diverted to San Francisco for an early landing, Hawaiian Airlines officials said Friday. They told that colleagues, as well as the passengers on board, provided "extensive medical help", al...

US Charges Huawei, Affiliates, CFO With Conspiracy, Stealing Trade Secrets US Charges Huawei, Affiliates, CFO With Conspiracy, Stealing Trade Secrets

The company is also charged with violating US sanctions on Iran and conspiring to obstruct justice related to the investigation. The DOJ has accused Huawei and Meng, among others, of engaging in a "long-running scheme" meant to "deceive numer...

United Kingdom grocers, fast food warn of major disruption from no-deal Brexit United Kingdom grocers, fast food warn of major disruption from no-deal Brexit

Mr Kateinen said there was "no reason to give any concessions" to the United Kingdom and there was "not much room for manoeuvre" on the backstop. Meanwhile, Commission spokesman Margaritis Schinas told a Brussels press conference: "This Withdrawal ...

Maduro rejects call for elections amid mounting pressure Maduro rejects call for elections amid mounting pressure

Maduro says Guaido is taking part in a coup directed by Trump's hardline policy advisers, who include Cold War veterans John Bolton and Elliott Abrams. It erupted when Guaido, the 35-year-old leader of Venezuela's opposition-controlled congress, de...

Company recalls fruit sold at ALDI due to Listeria concerns Company recalls fruit sold at ALDI due to Listeria concerns

The fruits were sold in 18 states: Alabama, California, Georgia, Illinois, Kentucky, Maine, Massachusetts, Michigan, Mississippi, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, West Virginia and Virginia.

No More Bitcoin Craze? Expert says BTC Investors Now Turning to Gold No More Bitcoin Craze? Expert says BTC Investors Now Turning to Gold

Over the past couple of weeks, Bitcoin has not been able to rise above $4,000. In 2017, CryptoCompare data shows bitcoin's price skyrocketed from little over $1,000 to a near $20,000 all-time high, before its price started correcting. Also Read: ...

Irish foreign minister is not seeing need for further compromise on back stop Irish foreign minister is not seeing need for further compromise on back stop

The letter ends: "We are therefore asking you to work with your colleagues in Parliament urgently to find a solution that avoids the shock of a no deal Brexit on 29 March and removes these risks for United Kingdom consumers". "We are therefore aski...

US Economy Lost at Least $6 Billion to Government Shutdown: S&P US Economy Lost at Least $6 Billion to Government Shutdown: S&P

The 35-day partial shutdown of the federal government has temporarily ended after Trump signed a bill on Friday to allow the government to repoen for the moment. Negotiations with Democrats will start immediately . "While the president pleased few ...

Crisp and Delicious chicken nuggets recalled due to Salmonella risk Crisp and Delicious chicken nuggets recalled due to Salmonella risk

The batch being recalled is the Chicken Breast Nuggets - Uncooked Seasoned Breaded Chicken Cutlets, in the 1.6 kg size, with the best before date July 19th, 2019. If other high-risk products are recalled, the CFIA will notify the public through updat...

Saudi government to spend 100bn riyals on industry plan Saudi government to spend 100bn riyals on industry plan

The move comes amid heightened global pressure on Saudi Arabia after the murder of Saudi journalist Jamal Khashoggi in the kingdom's Istanbul consulate on October 2. He said, "Since the approval of the Kingdom's mining strategy, we have placed ...

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