DHS Head John Kelly Announces Timetable, Plan of Attack for Trump's Wall

Mr. Kelly traveled to McAllen, Texas, on Wednesday to visit Border Patrol agents and witness their challenges with illegal immigration. Kelly, who will oversee the wall's planning and construction, said that the Trump administration officials "already have the authority" under existing law to start the project. Read More

Fed Likely to Keep Rates Steady as it Awaits Trump Economic Plan

The Fed said in its statement that it still expects inflation to rise to its 2 percent target in the medium term, although it noted that inflation compensation was still low and long-term inflation expectations were little changed. But while the US job market continues to show improvement, the Fed gave little direction on when it might raise the federal funds rate - the interest rate it charges banks for overnight loans. Read More

China's manufacturing data better than expected

A reading above 50 indicates growth and an earlier preliminary estimate had indicated a more modest rise to 55.1. The higher reading could help allay concerns that Asia's third-largest economy was slipping into a prolonged slowdown after the government's program, rolled out in November, to withdraw 86% of bank notes in circulation triggered a severe cash shortage. Read More

Teva slides as U.S. court invalidates 4 Copaxone patents

Current year EPS projections for Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA ) set at $5.12 according to the sentiments of 27 analysts, while its lowest earnings estimates are $5.05 and highest earnings estimates are $5.2. WFG Advisors LP now owns 2,080 shares of the company's stock worth $104,000 after buying an additional 256 shares during the period. The firm attains analyst recommendation of 2.30 with week's performance of 5.53%. Read More

Trump Has 'Friendly' Call with Mexican President, Demands Change

Trump Has 'Friendly' Call with Mexican President, Demands Change

In a matter of days, he both alarmed and reassured global partners. Kushner and Bannon have been heavily involved in the Trump administration's early dealings with some European partners, leading during both phone calls and in-person meetings with diplomats and government officials. Read More

Alphabet's Other Bets Hold the Key to a Future Beyond the Web

Alphabet's Other Bets Hold the Key to a Future Beyond the Web

Though Mr Pichai said he had been "thrilled" with the reception for the company's new devices, Google has spent heavily on an advertising blitz to support them. Alphabet's other revenue, which captures such businesses, climbed 62 percent to the total of $3.4 billion. As per its customer, Alphabet did not provide Q1 or 2017 guidance, nor did in break out financial results for online video website YouTube or its cloud computing business. Read More

White House official memo misspells British PM's name three times

White House official memo misspells British PM's name three times

The British leader and Trump are expected to discuss topics Friday including terrorism, ending the nearly 6-year-old civil war in Syria, relations with Russia, NATO cooperation and a bilateral trade deal when the United Kingdom leaves the European Union following a vote to quit the alliance at a referendum in June. Read More

Baker Hughes Rises Despite Reporting Fourth-Quarter Loss

North America: The company generated revenues of $775 million from this continent, much lower than $1,137 million in the year-ago comparable quarter. Following the completion of the sale, the vice president now directly owns 76,768 shares of the company's stock, valued at $4,459,453.12. Now insiders hold 985,189 shares in the business which makes up 0.23% of shares. Read More

Diageo reports 4.4% rise in sales for last six months

Diageo reports 4.4% rise in sales for last six months

Organic operating profit grew 4.4 per cent, in line with top line growth, driven by gross margin improvement, good progress on productivity offset by implementation costs, as well as the profit on the sale of the United Breweries shares in the prior period. Read More

Australia Inflation Gains 0.5% On Quarter In Q4

The annual inflation rate hasn't been within the RBA's target band since the September quarter of 2014. A rise in petrol prices has sent inflation to the highest level in more than two years. The most significant price rises this quarter are tobacco (+7.4 per cent), automotive fuel (+6.7 per cent) and restaurant meals (+1.1 per cent). These rises were partially offset by falls in furnishings, household equipment and services (-0.8 percent) and communication (-0.8 percent). Read More

Crude Oil Steady Near $53 Ahead Of Inventories

Crude Oil Steady Near $53 Ahead Of Inventories

The latest weekly American Petroleum Institute (API) inventory data recorded a build of 2.9mn barrels, following a draw of 5.0mn barrels the previous week. The EIA last week reported a large build in USA stockpiles. The US export to Europe is considered to be effective with the premium of $1.5 a barrel in favor of European market. Read More

Rio Tinto sells Australian subsidiary for $2.45B

Rio Tinto sells Australian subsidiary for $2.45B

Output by the world's biggest producer and consumer of the fuel fell 9.4 percent last year, while imports reversed two years of declines and rose 25 percent, the fastest pace since 2012. Yancoal Australia is listed on the Australian Securities Exchange. Yancoal is an Australia-listed coal miner which is 78%-owned by China's Yanzhou Coal Mining Co Ltd. Read More

FL Man Arrested for Threatening to Kill Trump at Inauguration

FL Man Arrested for Threatening to Kill Trump at Inauguration

A Miami-Dade judge on Wednesday ordered a mental evaluation for Puopolo before a bond decision is made, the Sun Sentinel newspaper reported . He gave out his full name, Dominic Joseph Puopolo, and said that he also goes by "Lord Jesus Christ". Read More

Safran Takeover of Zodiac Aerospace Revealed in $9B Bid

Safran Takeover of Zodiac Aerospace Revealed in $9B Bid

However, shareholders owning 32% of Zodiac-namely the company's founding families, institutional investors FFP and Fonds Stratégique de Participations, as well as the French State-plan to retain their stakes through the merger and will not participate in the offer. Read More

Loonie on hottest streak since 1970 as USA dollar slips

Loonie on hottest streak since 1970 as USA dollar slips

This is the bank's first release of its updated forecasts and broad economic assessment since Donald Trump won the US presidential election in November. Disclosure: the author is short the Canadian dollar against the USA dollar. Prices of oil, one of Canada's major exports , fell on expectations that US producers would boost output, just as OPEC signaled that a global supply-reduction deal will shrink the oil glut this year. Read More

Obama's Last-Minute Cuba Change Scrambles Immigration Politics, Disrupts Lives

Obama's Last-Minute Cuba Change Scrambles Immigration Politics, Disrupts Lives

Donald Trump, who is scheduled to take office as 45th President of the United States on January 20, could change the decision but many believe that will not happen as Trump has promised tougher immigration policies. However a decades-old U.S. economic embargo remains in place, as does the Cuban Adjustment Act, which lets Cubans become permanent residents a year after legally arriving in the US. Read More

Obama files trade complaint against China's aluminum dumping at WTO

Obama files trade complaint against China's aluminum dumping at WTO

As for the subsidies case, the U.S. "China gives its aluminum industry an unfair advantage through underpriced loans and other illegal government subsidies", President Barack Obama said in a statement . "The resulting excess capacity has caused prices to collapse in product line after product line, driving Western producers that must earn a return on their capital out of business". Read More

Wall Street closes higher amid Trump remarks

Trump spoke directly to companies that have plans to build in Mexico or elsewhere, promising to penalize companies that, "want to move to another country and fire all of our great American workers that got you there in the first place". Contact with Kushner had come about through connections on Wall Street, Videgaray said. "It's a wall", Trump began. Reports went out last week that Mexico is not going to pay for the wall because of a reimbursement. Read More

Canadian apparel maker Gildan wins auction to buy American Apparel

American Apparel has had an incredibly tumultuous couple of years, starting in 2014 when they fired the founder and CEO of the company Dov Charney. Reuters reported late yesterday that California-based Next Level Apparel (asi/73867) also made a bid to purchase American Apparel . Read More

Volkswagen Tiguan Allspace - 7-seater LWB SUV

As standard, the Tiguan has a sliding second row of seats, but distinct trims get three rows included, while level can get them as optional equipment. In addition, the 2018 Tiguan offers a combination of both passive and active safety systems that are engineered to meet or exceed current crash regulations. Read More