Economía

NY senators: Withhold Penn Station funds because of delays

NY senators: Withhold Penn Station funds because of delays The Penn Station project is separate from a massive plan to build a new tunnel under the Hudson River connecting NY and New Jersey to replace an existing 110-year-old tunnel that is a source of regular delays due to overhead wire problems. Farley Post Office into a new train hall and shopping center. The governor said this last option would allow the state to contract out with a combined arch... [Full Article...]

Australian iron ore magnate donates $300 million to charity

Australian iron ore magnate donates $300 million to charity In a parliament which dictates taxes and debates how to spend the money of Australians there was lots on offer on Monday - but this time it came with $400 million worth of love. Mr Forrest and his wife Nicola are giving away a large portion of the multi- million wealth, but the exact details won't be announced until a ceremony in Canberra on Monday morning. [Full Article...]

US new-home sales drop 11.4% in April, most in 2 years

US new-home sales drop 11.4% in April, most in 2 years The median price of a new home was $309,200, down 3.0% from March. The seasonally adjusted rate of new single-family home sales in the US fell 11.4 percent from March to April to a rate of 569,000 annual sales and is now running a nominal 0.5 percent above the pace of sales at the same time a year ago. [Full Article...]

Hollencrest Securities LLC Raises Position in Ford Motor Company (F)

Hollencrest Securities LLC Raises Position in Ford Motor Company (F) Franklin Resources Inc. now owns 80,132,269 shares of the auto manufacturer's stock worth $972,004,000 after buying an additional 16,902,036 shares in the last quarter. The original version of this article can be read at https://www.thestockobserver.com/2017/05/22/general-motors-company-gm-shares-sold-by-bank-of-new-york-mellon-corp.html. [Full Article...]

China's LeEco to slash US jobs amid global pull-back

China's LeEco to slash US jobs amid global pull-back The firm has also trimmed loans by almost half from a peak of 10 billion yuan (RM6.2 billion), Jia said. Longtime Lenovo executive Liang Jun will replace Jia as chief executive at Leshi. "After we introduced the second-largest and strategic shareholder (Sunac), we formally initiated a major restructuring of Leshi". The person with knowledge of the job cut plan said the US cuts were part of a s... [Full Article...]

Oil prices hit month-high on optimism ahead of OPEC meeting

Khalid Al Falih spoke ahead of a meeting on Thursday between the Organisation of the Petroleum Exporting Countries (OPEC) and Russian Federation, where they are expected to extend the production cut pact. That float needs to be a success to help the desert kingdom clear its budget deficit and for the Saudis, it must be a huge tempter if they can pull off deeper cuts without losing market share t... [Full Article...]

North Korea says ready to deploy, mass-produce new missile

North Korea says ready to deploy, mass-produce new missile South Korean Unification Ministry spokesman Lee Duk-haeng told reporters the government's most basic stance is that communication lines between South and North Korea should reopen. The North conducted two nuclear tests previous year. They emphasised "the vital importance" of the DPRK immediately "showing honest commitment to denuclearization" through concrete action and stressed the importance o... [Full Article...]

Trump Fan Disrupts Flight to US, Sparks 'Lock Him Up' Chant

Authorities asked a passenger on an United Airlines flight on Sunday traveling from Shanghai, China, to Newark, New Jersey to leave for being allegedly unruly. All passengers had to de-plane while local officials dealt with the matter. The man eventually deplaned voluntarily in Shanghai, according to Jonathan Guerin, a spokesman for United Airlines . [Full Article...]

President Zuma congratulates the President of Iran on his election victory

Rouhani said that Iranians are "waiting for this (US) government to be civil " and that "hopefully, things will settle down ... so we could pass more accurate judgments". "But the foundation of power is national strength and this only happens through elections", Rouhani said. When they attacked Iraq, they made a mistake. [Full Article...]

Hong Kong's Cathay lays off 600 as it faces rising pressure

Hong Kong's Cathay lays off 600 as it faces rising pressure A measure of the challenge Cathay Pacific Airways faces in restoring profitable operations is that the staff cuts confirmed yesterday are comparable with those during the dark days of the Asian financial crisis almost 20 years ago. This reduction in headcount is the first step in a three-year reorganization plan announced this year by the airlines. But others saw the news in the same vein as r... [Full Article...]

PM Modi in Gujarat greeted by a sea of people, Watch Video

PM Modi in Gujarat greeted by a sea of people, Watch Video Mandaviya, the Minister of State for Road Transport & Highways and Shipping, P. Radhakrishnan are also seen. BHOPAL: Mourning the untimely demise of Union environment minister Anil Madhav Dave, the state BJP has chose to avoid pomp and show while celebrating three years of Narendra Modi government at the Centre.Though the party has cancelled welfare festivals for beneficiaries, it has made a dec... [Full Article...]

Turkey blocks German lawmaker visit to soldiers at air base

Turkey blocks German lawmaker visit to soldiers at air base Chancellor Angela Merkel is considering withdrawing German troops stationed in Turkey after a diplomatic row with Ankara, potentially disrupting the worldwide mission against Isis. Gabriel noted that if cooperation regarding the situation is no longer possible, then Germany would consider other options including Kuwait, Cyprus, and Jordan. [Full Article...]

Puerto Rico militant freed from custody after 36 years

Puerto Rico militant freed from custody after 36 years The attacks killed six people and wounded scores. "One can disagree or agree with him politically, but he is a symbol of resolve and conviction", said " Hamilton " creator Lin-Manuel Miranda, who pushed for clemency. Lopez Rivera was placed under house arrest after former US President Barack Obama commuted his sentence before leaving office in January. Lopez Rivera's daughter Clarisa Lopez R... [Full Article...]

Election in Germany's most populous state could boost Merkel

Election in Germany's most populous state could boost Merkel After this fourth state election loss since March, that now appears a distant dream. An election in Germany's biggest state is always significant, but it carries higher stakes this year, being the last regional vote before national polls and having a direct impact on whether the SPD can close the gap nationwide with the CDU. [Full Article...]

Magellan Midstream Partners, L.P. (MMP) Position Maintained by Cincinnati Insurance Co

The Coca-Cola Co (NYSE:KO) has declined 0.95% since May 22, 2016 and is downtrending. It has underperformed by 73.13% the S&P500. ILLEGAL ACTIVITY NOTICE: "Hess Midstream Partners LP (HESM) Now Covered by Goldman Sachs Group Inc" was published by Markets Daily and is owned by of Markets Daily. [Full Article...]

DeVos booed speaking at historically black university

DeVos booed speaking at historically black university Numerous graduating students turned their back on DeVos, who has offended many African-Americans by invoking the colleges created in response to racist laws as a great example of school choice . The jeers became so heavy at one point that the school's president, Edison O. Jackson , had to intervene. Liz Hill, a spokesperson for DeVos, told TIME on Tuesday that DeVos is looking forward to "... [Full Article...]

Germany, France pledge new effort to strengthen eurozone

Germany, France pledge new effort to strengthen eurozone Mr Le Maire's opening comments to a joint news conference were made in fluent German. Both goals are ambitious, Mr Schaeuble conceded, noting that wider tax harmonisation is hard because it would require consensus among European Union leaders. [Full Article...]

Ja Rule, business partner under FBI investigation over Fyre Festival debacle

Ja Rule, business partner under FBI investigation over Fyre Festival debacle Che's comment, of course, referred to the calamity that was the Fyre Festival, the destination music festival touted by supermodels like Bella Hadid and Kendall Jenner that was quickly revealed to be a sham. One lawsuit filed by National Event Services, the organization hired to provide medical services, said they arrived to find bug infestations, bloodstained mattresses, and no air conditioning. [Full Article...]

Basquiat painting fetches record $110.5M at New York auction

Basquiat painting fetches record $110.5M at New York auction In 1980 he was still selling sketches for $50 apiece, but by 1982 - when he created the painting sold on Thursday night - he was beginning to make a name for himself nearly unknown. Sustained whoops and cheers that harked back to the tenor of the post-2010 art market boom, which was marked by spiking prices and ever-new records, broke out as the hammer came down in Sotheby's packed salesroom. [Full Article...]

Trump willing to try engagement with North Korea, on conditions: Seoul

Trump willing to try engagement with North Korea, on conditions: Seoul South Korea says it wants to reestablish lines of communication with North Korea, as new President Moon Jae-in seeks a two-track policy involving sanctions and dialogue with its reclusive neighbor to rein in its nuclear and missile programs. [Full Article...]


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