Money

by | May 21, 2017 | 17:15

Currently, Berkshire has more than $90 billion in cash on hand. "The investing world is just a morass of wrong incentives, insane reporting and, I'd say, a fair amount of delusion", Munger said. "The important thing is that she never worries about money the rest of her life", he said at Berkshire's annual shareholder meeting in Omaha, Neb., on Saturday.

by | May 21, 2017 | 17:00

On Friday, residents in different areas near Jamshedpur in East Singbhum district and Seraikela-Kharsawan district, where Thursday's attacks took place, staged protests against the killings, downing shutters in shops and blocking roads.

by | May 21, 2017 | 16:52

Duterte described Xi's position as, "We're friends, we don't want to quarrel with you", but "if you force the issue, we'll go to war". "We have a community of nations that signed it", he added. Brunei, Malaysia, the Philippines, Taiwan and Vietnam also have claims. Lozada however remains positive that the two countries could resolve the maritime dispute diplomatically, following the BCM talks.

by | May 21, 2017 | 16:45

Roy Lichtenstein's "Nude Sunbathing " fetched $24 million, while Gerhard Richter's "Abstraktes Bild " went for $15.4 million. Basquiat died of a heroin overdose at age 27 in 1988. Only 10 works have sold for more than $100 million. Maezawa plans to loan the painting to avenues around the world before he takes it home. "This was just one of those wonderful stories where you see something for the first time and something special happens, and then you have to convince people that the ...

by | May 21, 2017 | 16:37

Talking to media in Warsak, Khyber Pakhtunkhwa, Nisar said, Jadhav case would be taken to its logical conclusion in accordance with the law of the land. "...we have played into Pakistan's hands, and given it a handle to open up many other issues". Pronouncing the court's order, Abraham said the ICJ had jurisdiction in the matter.

by | May 21, 2017 | 16:20

The major bank levy, a version of the Big Banks Tax the Greens have been demanding for several years, was a shock move in Tuesday's budget which will hit the big four banks plus Macquarie. Other measures outlined in the budget include an additional A$321 million for the national police force for counter terrorism purposes; and a boost of A$428 million to be spent on early childhood education.

by | May 21, 2017 | 15:49

A fourth-quarter surge in OPEC output looked set to delay rebalancing by yet another year before last-minute negotiations between OPEC and key non-OPEC producers, mainly Russian Federation, led to an agreement to curtail output, accelerating the drawdown of surplus inventories in 2017.

by | May 21, 2017 | 15:32

In the three months that ended March, Snap reported first quarter revenue of $149.648 million, which marked a rise of 286% year over year, compared to last year's mark of $38.798 million. Snapchat has faced stiff competition from companies such as Facebook, WhatsApp and Instagram. Facebook has also added Geostickers to Instagram, offering location-specific tags in two cities (New York City and Jakarta) that users can paste over images.

by | May 21, 2017 | 14:44

President of the European Commission Jean-Claude Juncker said on Wednesday he is confidentMichel Barnier, Europe's chief negotiator for Brexit , will "leave nothing to chance". President of the European Council, Donald Tusk, said negotiations would take place with a phased approach and that citizens' rights , financial commitments from the United Kingdom and free-trade agreements would be key.

by | May 21, 2017 | 14:32

Trump was the topic of 41 percent of all news stories-three times the amount of coverage received by previous presidents. Broken down by topic, the subject on which Trump got the most negative coverage was immigration, at 98 percent, while economic stories were just 54 percent negative.

by | May 21, 2017 | 14:24

President Donald Trump boards Air Force One for travel to NY from Joint Base Andrews, Maryland, U.S. May 4. Representatives of almost 200 countries that are party to the agreement are meeting in Bonn from May 8-18 to discuss technical aspects of implementing the accord.

by | May 21, 2017 | 14:02

Indian navy carried out an operation in the Gulf of Aden to prevent a piracy attempt on a Liberian vessel in which navy used its elite marine commandoes and helicopters on Tuesday night. Besides Sharda , the other ships in the class are Sukanya, Subhadra, Suvarna, Savitri and Sujata - all named after famed women from Hindu mythology.

by | May 21, 2017 | 14:04

INS Sharda is presently on a deployment to the Gulf of Aden for anti-piracy patrol. INS Sharda which was 30 nautical miles at that time responded immediately. One AKM rifle alongwith one filled magazine was found hidden onboard one of the dhows. While the weapon and ammunition were confiscated to prevent future illegal misuse, the men were allowed to go after the search.

by | May 21, 2017 | 14:01

The Executive Class fare in Tejas has been fixed at Rs 2,540 without food and Rs 2,940 with food. However, unlike the Shatabdi Express, the passengers will be given an option to opt for onboard food. And, the Chair Car fare will be Rs 1,850 with food and Rs 1,220 without food. During the monsoon season, it will run three days a week. As per the agency, the fares on Tejas Express train will be 20 percent more than that of the Shatabdi Express.

by | May 21, 2017 | 13:56

After two days of meetings here, Trump will travel to Israel, have an audience with Pope Francis at the Vatican and meet with allies at a North Atlantic Treaty Organisation summit in Brussels and the Group of 7 powerful nations in Sicily. Separately, Comey agreed to testify at an upcoming, open hearing of the Senate intelligence committee, the panel said. Jacobs Engineering will form a joint venture with Aramco to manage business projects in the kingdom, and McDermott International will ...

by | May 21, 2017 | 13:18

It said the missile was aimed at Riyadh but gave no further detail. In the same context, the Yemeni capital of Sanaa has been witnessing intensive buzzing for about an hour, as Saudi Air Force launched intensive raids on missile bases in Attan mountain near Presidential Palace of Sanaa.

by | May 21, 2017 | 13:14

With 2.86 million avg volume, 2 days are for Unilever N V (NYSE:UN)'s short sellers to cover UN's short positions. The SI to Plantronics Incorporated's float is 1.24%. Aviva plc now has a consensus rating of Hold and a consensus target price of GBX 550.93 ($7.11). Peel Hunt has "Buy" rating and GBX 250 target. Stifel Nicolaus reiterated a "buy" rating and issued a GBX 71 ($0.92) price objective on shares of Sinclair Pharma PLC in a report on Tuesday, March 21st.

by | May 21, 2017 | 12:42

On Thursday, oil erased early losses and rebounded after Algeria's Energy Minister Noureddine Boutarfa said that most OPEC producers are supporting the Saudi-Russian proposal for an extension of the production cuts until March 2018. She says the world oil market is "more complex than one data point alone" and encourages a sense of calm "when looking at first-quarter stock levels in the United States, given this time of year is when we have historically seen inventories build, as refineries ...

by | May 21, 2017 | 12:28

Billionaire Warren Buffett says Berkshire Hathaway's insurance businesses will continue to thrive regardless of who's leading them. Buffett emphasized the need for competitiveness in trade, which he called "enormously beneficial to both the US and the world" by providing necessities to millions of people at a lower cost.

by | May 21, 2017 | 12:15

Embassy to Jerusalem - among other thorny issues - remains to be seen. US President Donald Trump heads for Israel and the Palestinian territories Monday as part of his first trip overseas since taking office, hoping to renew peace efforts but with controversy trailing him.

by | May 21, 2017 | 11:05

A 46-year-old man was killed at the trailer park and at least 25 other people were injured, according to the Barron County Sheriff's Department. The devastation was severe in many states, as damaged houses as well uprooted trees and poles, while in some places helicopter evacuations were necessary, but couldn't accomplish due to the heavy storms.

by | May 21, 2017 | 10:09

President Donald Trump had discussed terminating NAFTA as recently as last month, but had said he would delay such a move after the president of Mexico and the prime minister of Canada urged the United States to renegotiate rather than scrap the deal.

by | May 21, 2017 | 09:53

An ORB International poll for the Telegraph put Labour two points up since last week on 34%. The 55-year-old comedian revealed his intention to become a Labour politician after speaking out in support of Jeremy Corbyn. Although Mr Corbyn's party trailed Tories - on 46% - by 12 points, it matched Labour's best rating in a mainstream poll this year and added weight to the idea that its campaign is winning over voters.

by | May 21, 2017 | 09:49

Members will have to take a lot into account-including the initial public offering for part of Saudi Arabia's state-owned oil company Saudi Arabia Oil Co., known as Saudi Aramco, planned for next year. While the news of the world's two largest oil producing countries planning to restrict their output led to a 2% rise in the oil prices earlier this week, the rally was remarkably lower compared to the one experienced a year ago post the announcement of the actual deal.

by | May 21, 2017 | 09:20

The case centered on a strict voter ID law that required photo ID, shortened the early voting period by a week, and did away with same-day voter registration and pre-registration for 16 and 17 year olds. Those provisions of the law were struck down in July 2016 by the 4th U.S. Circuit Court of Appeals. "Much like the poll taxes and literacy tests of the Jim Crow era, North Carolina's shameful Voter ID law is nothing more than racial discrimination in the guise of voter protection", said ...

by | May 21, 2017 | 08:34

Saudi Arabia offered Trump the elaborate welcome ahead of his two-day stay. Under political fire at home, US President Donald Trump sealed a $US110 billion arms deal with Saudi Arabia on his maiden foreign trip. Trump made no substantial remarks on his first day overseas and spent most of his time shuttling between opulent palace ballrooms with the king. The king was overheard lamenting the Syrian war to Trump, who ordered air strikes against a Syrian airfield in April in response to a ...

by | May 21, 2017 | 07:38

Two U.S. fighter jets were summoned Friday to escort a flight from Los Angeles to Hawaii after an unruly man was subdued by passengers and flight attendants, who used a drink cart to block him from the front of the plane. Basden said that when she and her companion sat down in their first-class seats, they found a laptop computer in the seat-back pocket. The Albuquerque, New Mexico, couple assumed it was from the previous flight.

by | May 21, 2017 | 07:11

Officials identified the passenger as Anil Uskanil of Turkish ethinicity. Some eyewitnesses told ABC News that he tried to push his way through first class to the bathrooms, but was blocked by the beverage cart and a passenger. He was spotted by a contractor and later arrested by Los Angeles Airport Police officials for misdemeanor trespassing, cited and released. Uskanil had a laptop with him and that too raised concerns more than usual, due to the events of the past few weeks when USA ...

by | May 21, 2017 | 06:09

The company reported the earnings of $0.16/Share in the last quarter where the estimated EPS by analysts was $0.12/share. The specialty retailer reported $0.16 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.12 by $0.04.

by | May 21, 2017 | 05:12

That would surely include Trump's firing of Comey. Comey is known to produce memos documenting especially sensitive or unsettling encounters, such as after the February meeting. This could implicate Jared Kushner, as he's the only senior White House advisor now known to have had contact with Russian officials. Richard Painter, who served as President George W.

by | May 21, 2017 | 04:57

That said, after the restraining order was issued, Spirit said it was hopeful it could put the "moment behind us and get back to serving our customers". It is for this reason, Spirit has filed suit in Federal Court to protect our customers' future travel. And, as CNN points out , union leaders appeared to anticipate that legal action, telling members in a public letter Friday that they "are not sending any "coded" or hidden messages" that pilots should refuse shifts.

by | May 21, 2017 | 04:53

According to the Clarion-Ledger, due to conflicting accounts on Facebook, at least one posted by Kingston's father, family members gathered in the Kroger parking lot, and later at the Madison County District Attorney's Office, were initially optimistic.

by | May 21, 2017 | 03:46

FNY Partners Fund LP raised its position in Incyte by 4,825.0% in the first quarter. It seems that the stock might see muted action given an ABR of 2.7 or Hold rating. If you are viewing this news story on another website, it was copied illegally and reposted in violation of US & worldwide trademark and copyright law.

by | May 21, 2017 | 03:34

Adjusted for seasonal hiring patterns like the start of tourist season, SC added 1,700 jobs in April, a number that was boosted by a 900 new government jobs. Colorado's rate, at 2.3 per cent, was the nation's lowest. However, he said a higher cost of living and housing the state could deter those thinking about moving here.

by | May 21, 2017 | 03:11

Wall Street expects Wal-Mart Stores Inc ( NYSE: WMT ) to report quarterly earnings at $0.96 per share on revenue of $117.74 billion before the opening bell. It forecast earnings per share of $1 to $1.08, against market expectations of $1.07. Wal-Mart spent more than $3 billion for Jet .com previous year in its bid to lure younger and more affluent customers.