Business

by | October 19, 2016 | 02:11

The automaker said it will temporarily close four assembly plants, including two in the US and two in Mexico, as part of what it describes as an effort to meet year-end inventory targets. The US is still the second largest market for new cars in the world behind China and there is plenty of money to be made selling cars here. Ford dealers had a heavy 95 days' supply of the pickups on their lots at the end of September, according to data compiled by Automotive News .

by | October 19, 2016 | 02:08

This is the fifth year in a row of historically low Social Security cost-of-loving adjustments. The cost-of-living adjustment, which is based on a government measure of consumer prices, affects more than 60 million people, about one in five Americans.

by | October 17, 2016 | 09:27

This news story is related to Latest/155069-Oil-hits-highest-since-June-on-possible-US-inventory-drop/ - breaking news, latest news, pakistan ne. Crude inventories fell 3.0 million barrels in the week to September 30, the opposite of analysts' expectations for an increase of 2.6 million barrels.

by | October 16, 2016 | 02:18

In the branches, there were signs that customers were backing away from the bank. "Banks should be about supporting people, supporting businesses, protecting people's hard-earned money". They include the management of a $100 million bond issue in March of this year to finance research and development through the Third Frontier, a state program that funds cutting-edge economic development.

by | October 16, 2016 | 02:21

He will retain the title of president. The Board of Directors has great confidence in Tim Sloan. Many Wall Street Analysts have commented on Wells Fargo & Co. Wells Fargo agreed to a $185 million settlement with regulators. Sloan said Tuesday on CNBC that Carrie Tolstedt , who led the bank's community banking unit where the misconduct occurred, reported directly to him when he became the chief operating officer late past year.

by | October 15, 2016 | 08:46

The phone model was recalled last month following various reports of them catching fire due to overheating. Joining them is Delta , which will put similar bags on 166 aircraft that fly over-water and long-haul routes; each plane will get two bags, which should be more than enough in all but the most improbable of scenarios.

by | October 15, 2016 | 08:44

To receive James Stanley's Analysis directly via email, please sign up here . The dollar index posted its largest daily percentage loss in a month. Shinzo Abe's administration continues to face pressure for the lack of results of three-plus years of QE. The greenback re-approached a seven-month high as it rallied against its rival currencies before the weekend.

by | October 14, 2016 | 01:53

A total of 2,056 people have a net worth of two billion yuan ($297 million) or more, Shanghai-based luxury magazine publisher Hurun Report said in its Richest People in China report, up from 1,877 previous year. The company owns US theater chain AMC and movie maker Legendary Entertainment and is in talks to purchase Dick Clark Productions . Hurun Report Chairman Rupert Hoogewerf said Jack Ma has become so pervasive that it is hard to open a newspaper without finding mention of him or one ...

by | October 14, 2016 | 01:52

Sterling weakened this month amid concern that the government will pursue an exit strategy that will see Britain give up its membership of Europe's single market to secure greater control of immigration and lawmaking. "We're going to go for a British option and that will be tailored to our interests and will be better than any other option", he said. "On peace, on independence, on issues that are irreversible in some ways, I think it is reasonable that we go ask the people", says Matt ...

by | October 13, 2016 | 09:03

The Market Capitalization of the company stands at 3.62 Billion. YHB Investment Advisors Inc. purchased a new stake in shares of ON Semiconductor Corp. The stock price is moving down from its 20 days moving average with -1.09% and isolated positively from 50 days moving average with 0.97%. The Company expected to announce next earnings approximately $0.13 per share.

by | October 13, 2016 | 09:00

Frontier Communications Corporation (NASDAQ:FTR) traded with the volume of 17.63 Million Yesterday. Many research firms have provided their ratings on Frontier Communications Corporation (NASDAQ: FTR ) where Macquarie provided Neutralrating on the stock on 6-Sep-16.

by | October 13, 2016 | 09:00

Thames Valley Police Roads Policing tweeted just after 1pm that lanes 2 and 3 on the westbound carriageway are now blocked. The almost seven-hour closure has seen all eastbound lanes shut and queuing traffic westbound from Maidenhead. A spokesman for South Central Ambulance Service said an ambulance, a paramedic team and an air ambulance were called to the scene and assisted a man trapped inside the overturned lorry.

by | October 12, 2016 | 08:17

The company released a preview of its financial results, the full details will be available later. Samsung has recalled all the original Note 7 units which it said had shipped with a defective battery, which caused the phones to explode and catch fire.

by | October 12, 2016 | 08:16

Buffett paid over $1.8 million in federal income taxes out of an adjusted gross income over $11.5 million in 2015, he said. While Trump admitted to using the loss to avoid paying taxes, he then turned it around to accuse Hillary Clinton's wealthy supporters of even greater tax avoidance.

by | October 12, 2016 | 08:15

A retreat in oil prices also weighed on energy and materials stocks. The broad-based S&P 500 shed 26.93 points (1.24 per cent) to 2,136.73, while the tech-rich Nasdaq Composite Index sank 81.89 points (1.54 per cent) to 5,246.79. Major oil producers are meeting in Istanbul to try to lay the groundwork for a definitive deal to cap production. The Mexican peso advanced against the dollar ...

by | October 12, 2016 | 08:14

The 3,702 workers employed at the MI plant that produces the Mustang will continue to be paid, per their union contract. Consequently, sales of cars like the Mustang and Camaro are among the first to start sputtering when the industry begins to slow.

by | October 12, 2016 | 08:10

His comments about the 2005 incident , which Mr Trump has apologised for, came just hours after the Republican candidate unleashed a Twitter attack on his own party members - most notably House Speaker Paul Ryan. "But based on the president's deep concern about the rhetoric of the Republican nominee, I feel confident in telling you that he would not be comfortable with describing the nominee in that way".

by | October 12, 2016 | 08:13

When calculating EPS anticipates for the current year from sell-side analysts, the Price to current year EPS stands at -18.80%. Vanguard Group Inc. now owns 45,834,437 shares of the company's stock worth $1,669,748,000 after buying an additional 1,365,714 shares during the period.

by | October 09, 2016 | 15:46

Chinese banks' non-performing loan ratio rose to 1.75 percent at the end of June, stable from a quarter earlier but up from 1.67 percent at the end of 2015, with bad loans reaching 1.44 trillion yuan, according to official data. The International Monetary Fund said in August that China needed to slow credit growth and stop funding weak firms, highlighting the worries among policymakers about the dangers of an unsustainable debt build-up triggering a banking crisis.

by | October 08, 2016 | 07:46

The largest number of victims is in the province of Zhejiang, where the landslide has ruined 20 houses in Sucun village of Suichang County. Rescuers use heavy equipment to dig in the rubble of a house that was destroyed in a landslide in Sucun village in eastern China's Zhejiang Province Thursday, Sept.