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Finance

Before the additional tariffs requested by the president, Kudlow had been working to tamp down worries of a full-out trade battle between the world's two biggest economies. The Chinese commerce ministry said Friday it is ready to pay "any cost" in the trade spat with Washington after already announcing plans to meet earlier United States threats with levies on $50 billion worth of major U.S.
  • J&J loses talc case in New Jersey

    J&J loses talc case in New Jersey

    Finance

    Similar cases are making their way through the court system, with another one set to go to trial in May in SC. Deposits of talc are often located near naturally occurring asbestos, allowing for the risk of cross-contamination. Imerys Talc reportedly intends to appeal the decision. But lawyers for J&J, cross-examining Webber, asked why his report did not mention other tests which showed the company's products were free of asbestos.
  • PNB scam: CBI quizzes ex-RBI deputy governor on policy

    Finance

    The CBI on Friday questioned a former Reserve Bank deputy governor in connection with the over Rs 13,000-crore PNB fraud involving diamantaires Nirav Modi and Mehul Choksi . The gold scheme had lasted a little over six months from May 2014, when the RBI had issued a circular permitting certain jewellery exporters to import gold.
  • Arlington jobless rate remains lowest in commonwealth

    Arlington jobless rate remains lowest in commonwealth

    Finance

    Vancouver and Abbotsford have the lowest rates in the province at 4.0 per cent and the provincial jobless figure stayed the same in March at 4.7 per cent. The agency says the labour force produced 68,300 full-time positions last month and shed 35,900 part-time jobs. The region added 64,000 net new jobs over the past decade while the working age population increased by 165,000.
  • Employment Disappointment: Just 103000 Jobs Added as Unemployment Stays at 4.1%

    Employment Disappointment: Just 103000 Jobs Added as Unemployment Stays at 4.1%

    Finance

    The Household survey continues to fluctuate widely, however. The US economy added 103,000 nonfarm payrolls in March, fewer than economists' forecast for 185,000. But analysts said Friday the March slowdown was partly attributable to weather effects, with February hiring boosted by unusually warm temperatures that were then chilled by wintery conditions last month.
  • Featured Stock Overview: Alibaba Group Holding Limited (NYSE:BABA)

    Featured Stock Overview: Alibaba Group Holding Limited (NYSE:BABA)

    Finance

    Suffolk Capital Management Llc, which manages about $1.92B and $770.38 million US Long portfolio, upped its stake in Delta Airlines ( NYSE :DAL) by 252,931 shares to 257,544 shares, valued at $14.42M in 2017Q4, according to the filing. Company's EPS for the prior five-years is valued at -15.2%, leading it to an EPS value of 5.32% for the next five years. When it comes to Relative Strength Index (RSI ), it is a matchless technical indicator that has been designed by a famous technical expert ...
  • Trump threatens China with $100 billion in new tariffs

    Trump threatens China with $100 billion in new tariffs

    Finance

    On April 3, the US Trade Representative (USTR) had announced 25 per cent tariffs on imports from China as an initial means to obtain the elimination of policies and practices identified in its investigation. After a bullish regular trading day, United States equity futures sold off sharply in after-market-hours trading. Previously, Trump approved higher import duties on Chinese-made washing machines and solar modules to offset what Washington said were improper subsidies.
  • How sugar tax affects soft drink prices - and their recipes

    How sugar tax affects soft drink prices - and their recipes

    Finance

    In its fight against obesity and child obesity, the United Kingdom government introduced the new tax to "to encourage companies to reformulate their soft drinks". Pure fruit juices will be exempt as they do not carry added sugar, while drinks with a high milk content will also be exempt due to their calcium content.
  • Sally Pearson out of Commonwealth Games with Achilles injury

    Sally Pearson out of Commonwealth Games with Achilles injury

    Finance

    But she did add: "It's a matter of what my body wants to do on the day and that's pretty much going to make my decision for me". Pearson waited until two-time world champion Flora Duffy won the first gold medal of the games — a sprint triathlon held in ideal morning conditions on the picturesque Broadwater — before appearing at a news conference with the head coach and doctor of the Australian track and field team.
  • Woods grabs spotlight in Augusta while Garcia's title hopes sink

    Finance

    Australian former world number one Jason Day also watched his ball hit the drink, literally, when his shot landed in a patron's beer on the opening hole. In the 30th anniversary of him becoming the first British player to win here, Sandy Lyle also gave a great account of himself. The 28-year-old Finau collected six birdies and two bogeys during his stellar round.