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Ford suspends F-150 production due to parts shortage

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Ford's stock fell almost 2 percent by market closing. "It's a very fluid situation", said spokesperson Kelli Felker. "We are working hard to get replacement parts". More than 70 percent of SUV output is for export. Mercedes is investing $1 billion at the site for production of electric cars, including battery manufacturing, and to expand logistics operations. Read More »

Companies detail payments to Trump's lawyer Michael Cohen

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Michael Cohen: "His document is inaccurate". It says its contract with him expired in December 2017. They also raised questions about whether Trump knew about the arrangement. KAI said its contract with the company, Essential Consultants, ended in November. Richard D. Owens, an attorney for Columbus Nova, released a statement saying the company was "solely owned and controlled by Americans" and that Vekselberg played no role in its decision to pay Cohen. Read More »

Will the Bank of England raise interest rates today?

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Investors responded to the announcement by slightly pushing back their expectations of when the BoE was likely to raise rates for only the second time since the global financial crisis. It particularly affected construction, Carney said. The Bank cut its growth forecast for the year to 1.4%, down from the forecast of 1.8% made in February. Read More »

Donald Trump preparing new sanctions for Iran

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North Korea can and likely will use the White House's decision to rip-up the Iran nuclear deal as a reason to stand firm on certain aspects of a proposed denuclearization agreement during negotiations. "This amounts to a declaration of war". The world is getting messier because of the U.S. Major regional powers, including Beijing and Brussels, must consolidate their political will. Read More »

Sachin Bansal bids Flipkart farewell, says will catch up on gaming, coding

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Forging what one news outlet described as possible "one of the largest revolving credit facilities of recent times", Walmart Inc . announced it has signed definitive agreements to become the largest shareholder in Flipkart Group. "A company of the sheer scale and value of Flipkart was almost unimaginable back in 2008", the blog said. "This investment aligns with our strategy and our goal is to contribute to India's success story, as we grow our business". Read More »

California becomes 1st USA state to mandate solar for new homes

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The California Building Standards Commission still needs to approve the change, and that hearing is scheduled for the end of this year. The Golden State has always been at the vanguard of progressive energy policies , from setting energy-efficiency standards for appliances to instituting an economy-wide program to curb greenhouse gases. Read More »

Oil price surges amid Iran tensions

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With the limits on production by OPEC and non-OPEC countries - led by Saudi Arabia - still in place and the US Energy Information Administration (EIA) recently reporting that crude inventories by a greater than expected 2.2 million barrels in the latest week, the upward momentum in crude oil prices remains. Read More »

Gas Prices Rise Ahead Of President Trump's Iran Decision

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By Pratish NarayananFor the world's biggest oil buyers, the imposition of United States sanctions on Iran will be a case of deja vu. With Iran's oil production up almost 1 million barrels per day (mbpd) to 3.8 mbpd since the sanctions were lifted last year, there are concerns that reinstating sanctions on the fifth-largest oil producer in the world will curb global oil output by 300,000-600,000 barrels per day over the next year, creating further upward price pressures. Read More »

Uber, NASA Partner to Explore 'Urban Air Mobility'

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This artist's conception shows the reference model for Uber's future air taxis . ChargePoint, a leading and " most open electric vehicle (EV) charging network" revealed its concept design for the two megawatts, high-powered charging charger for eVTOLs, semi-trucks and other electric aircrafts. Read More »

DFS Golf: Jason Day Looking for More Glory At The Players Championship

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Lahiri, never one to mince words , has often been very hard on himself. Day heads to Sawgrass in Florida this week with two wins underneath his belt, similar to he did in 2016. It was a big number. The formula to this course is to drive it accurately, regardless of what club is being hit off the tee, hit as many shots on the green in regulation as possible, get up and down when there isa miss, and attack the Par 5s ( Par 5 scoring ). Read More »

Oil hits 3-1/2-year high after United States quits Iran deal

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An index that tracks the dollar against a basket of leading currencies climbed to 92.974, its highest since December. Earlier in the session, they touched their highest since November 2014 at $75.89 a barrel. There is now a "positive feedback loop", but if some sort of unforeseen negative event takes place, it "may turn into a negative feedback loop", he said. Read More »

Eurovision hopefuls prepare for first semi-final

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It included numerous favourites for the competition, such as Cyprus, Estonia, Israel and Czech Republic . Malta will be competing in Thursday's Semi Final, and as pressure continues to build we're excited to see all the tricks Christabelle has up her sleeve. Read More »

WTI Reaches $70 Boosted By Crisis in Iran and Venezuela

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Instead, it will re-impose sanctions on Tehran, keeping worldwide oil markets on edge. A US withdrawal from the multination accord could impact Iranian crude exports and also fan geopolitical tensions in the Middle East, home to one-third of the world's daily oil supply. Read More »

Iran nuclear deal is rotten at its core — Trump

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The longer Iran stays in, with or without the US, the better the chance of a peaceful resolution. The worst-case scenario is war. The world will actually become less confident of whether Tehran is or is not pursuing nuclear weapons. Maybe investors had already fully priced in Wednesday's announcement - and were selling on news after buying on rumour. Renewed U.S. sanctions won't bite for a few months. Read More »

Disney thanks 'Black Panther' for 23% earnings boost

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FE institutional ownership is held at 81.2% while insider ownership was 0.2%. Bronfman E.L. Rothschild L.P. now owns 30,842 shares of the entertainment giant's stock valued at $3,316,000 after purchasing an additional 1,702 shares during the last quarter. Read More »

Trump pulls out of 'horrible' Iran nuclear deal

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Yet the USA leader suggested that he is "willing, ready and able" to negotiate a new deal. It comes after Rudy Giuliani, Trump's newly appointed lawyer, said: "We have a president who is tough". Before even working on Iran, the US and the E3 need to reach an agreement on what constitutes a good deal. We gave the White House sanctions authority almost a year ago to take stiff action against Iranian violation of missile program rules and violations of human rights provisions. Read More »

Get ready to cast votes on June 12

In early voting so far, 415 voters have cast their vote at the Board of Elections office and 67 voters have cast their vote at the Birdtown Rec Center, as of 2 p.m. Accessible voting booths are available at all polling locations for voters in wheelchairs or needing to sit while voting. Despite being to close to polling day, there are many Malaysians overseas who are still trying to get their votes back to their respective constituencies. Read More »

Sachin Bansal May Take An Exit Post Flipkart-Walmart Deal

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It is likely to bring along Alphabet, the parent company of search giant Google , as a strategic partner and investor into Flipkart. The i's are being dotted, the t's are being crossed on India's biggest e-commerce deal - an announcement is likely tomorrow , or end of week at the latest - and employees, both past and present, are eagerly looking forward to a bonanza where their stock options are concerned. Read More »

Bride Sonam looks bright in red on D-day

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Sonam has managed to look dreamy in her ivory and gold Abu Jani Sandeep Khosla lehenga without looking over the top. Have a look at the images of sonam Kapoor mehindi function... The wedding will take place on the May 8 in Mumbai . We'll keep you updated as the celebrations continue. "Thank you for all your blessings and love, as we celebrate this special moment in our lives", the statement read . Read More »

Dollar declines from 2018 highs before U.S. jobs report

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So-called core prices, which exclude the food and energy sectors, rose 1.9% in March, up from 1.6% in February. The Fed said inflation had "moved close" to its target, and the "price stability" part of its dual mandate from Congress had nearly reached its two-percent target. Read More »

April Jobs Report: Unemployment Rate Falls to 3.9 Percent

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Also, the jobs report followed one from a couple of days earlier in which payroll processor ADP reported there were 204,000 nonfarm private sector jobs added in April, its lowest level since last November- but the sixth month in a row it was above the 200,000 level. Read More »

Twitter tells users to change password after discovering security hole

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Companies with good security practices typically store user passwords in a form that can not be read. Enter the code you received on your and click Submit. The harder your password is to guess, the harder it is to crack. Not because passwords were stolen by a hacker but the issue is related to something else. Read More »

John Peterson leads after one round of the Wells Fargo Championship

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He made clear on more than one occasion he wants to win the Wells Fargo Championship , or the two tournaments he has left. Thomas just seems to be locked in and playing as well as anyone right now. "Yeah, he was incredible". "I drove it great on the weekend, but I kept hitting the ball in, and if I did hit a green, I hit above the hole. It would be nice". Read More »

Fed holds rates steady as inflation picks up

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Fed officials were not expected to raise rates Wednesday, but will likely increase rates at least twice more in 2018. Inflation is now above target , at 2.4 per cent in the year to March. Higher interest rates, inflation and the dollar won't let the Dow Jones and the broader stock market snap out of their recent funk. The widening gap between interest rates in the USA and overseas has made the dollar more of a draw. Read More »

Crude oil futures slip on higher United States stocks, but risk premium lingers

Oil pumps are seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. In April , the biggest drop in supply was reported in Venezuela, where the oil industry also suffered from an economic crisis. The Iran nuclear deal with the US (JCPOA) scheduled in May will likely provide an inflection point for oil prices in the short term. Demand for "finished petroleum products" - gasoline, diesel, and the other useful stuff into which crude oil gets refined - fell by 189,000 ... Read More »

Apple has strong quarter despite flat hardware sales

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Apple has never broken this figure down any further, making it hard to know exactly how many Apple Watch devices it has shifted to date. "Some of these services are for sure going to have much lower margins" than Apple's core hardware business, said Bob O'Donnell of TechAnalysis Research. Read More »

Tiger Woods heads to Quail Hollow with new irons

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That player is Tiger Woods , the 2007 Wells Fargo victor, who will be making his first appearance at Quail Hollow since 2012. "The golf course is much harder than it used to be", Woods said. That week's victor, Davis Love III, missed the cut at the Open. It's not a big deal to me because I've been working on this for months and now I can hit the ball the correct numbers and the correct shape. Read More »

Rates on US Treasury bills at highest levels since 2008

Americans boosted their spending by 0.4 percent in March, the best showing in three months. The core PCE index is the Fed´s preferred inflation measure. The U.S. currency also gained versus the Canadian and Australian dollars, the latter down half a percent and close to its 4-1/2 month low reached last week. Read More »

Kentucky Derby: Justify draws 7th from the rail

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Trainer Bob Baffert , a four-time Derby victor who won the Triple Crown in 2015 with American Pharoah , is back with two horses, Solomini and the favorite, Justify . And so have the oddsmakers as Magnum Moon , despite being in that 16th spot, is a 6-to-1 favorite. For Lukas' fellow horsemen, the comeback also seems to have added wholeness to this year's Derby. Read More »

What Next for Under Armour, Inc. (UA) Stock After Today's Huge Increase?

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Its up 8.46% from 62.38M shares previously. Canada Pension Plan Investment Board now owns 2,500 shares of the apparel retailer's stock worth $212,000 after buying an additional 1,200 shares during the last quarter. The YTD performance remained at -4.01%. Under Armour has a twelve month low of $11.40 and a twelve month high of $23.46. The stock closing price is now trading upward to its 50 day moving average with change of 6.62%, escalated to its 20 day moving average with figure of 6.94% and ... Read More »

WhatsApp CEO Jan Koum quits, Neeraj Arora may take charge

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In Koum's Facebook post he specified that it was time to move on . A lot of people have lost trust in Facebook over recent months, and the reported manner of Koum's departure of the firms will inevitably increase speculation about the future of WhatsApp . Read More »