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Budget: Drug test trial for new welfare recipients
This comes in addition to the government's new "three strikes" rule for welfare recipients - a demerit point style scheme where missing one employment appointment without a "reasonable excuse" will have their payments suspended until they re-engage, and repeat infringements see payments suspended completely for as long as four weeks. [Full Article...]
Oil prices rise, but analysts warn market is fragile
Industry sources told Reuters in April that higher domestic demand for oil in the summer would weigh on exports especially if Saudi Arabia kept output at about 10 million bpd. OPEC and other producers in December agreed to cut output by about 1.8 million bpd from January 1, for six months. Oil's forward curve switched to contango a few weeks ago, according to Morgan Stanley, with prices fo... [Full Article...]
American Airlines stock jumps as traffic rises to record level
Capacity was up 0.8% to 22.6B available seat miles during the month. Those gains were driven by worldwide growth, as domestic ASMs were down 1.6%. That pushed load factor for the month up to 82.2% from 80.8% a year ago. (AAL) ran up 2.1% in premarket trade Tuesday, after the air carrier reported April traffic that rose to record levels. Year-to-date, AAL has declined -3.53%, versus a 7.68% rise ... [Full Article...]
Judge agrees to toss Aaron Hernandez's murder conviction
Aaron Hernandez, the late former New England Patriot who killed himself in prison has legally been exonerated of a crime he was convicted of. Hernandez attorney John Thompson said the manner of death should not matter - when a person dies while his conviction is under direct appeal, the conviction should be vacated. [Full Article...]
Duke Falls Short on Earnings Projections
Several other hedge funds also recently modified their holdings of DUK . Duke Energy Corp New now has $57.54B valuation. The fund owned 47,198 shares of the utilities provider's stock after selling 15,169 shares during the period. This is a boost from Duke Energy Corp's previous quarterly dividend of $0.19. If you are viewing this story on another website, it was illegally stolen and republ... [Full Article...]
Has $542000 Position in Robert Half International Inc. (RHI)
BMO Capital Markets reaffirmed a "hold" rating and issued a $45.00 target price on shares of Robert Half International in a report on Friday, April 21st. JPMorgan Chase & Co. increased its stake in shares of Robert Half International by 10.2% in the third quarter. Looking about the past performance history, the company jumped 1.79% in past week and climbed 3.37% in one month. [Full Article...]
McIlroy returns with a wedding ring and new clubs in the bag
Do you really want to go? There are times you doubt yourself and I think everyone has that. Day, who took away that mantle once from Rory McIlroy and twice from Jordan Spieth, is now No. When he won The Players Championship last year against the strongest field in golf - he was the first wire-to-wire victor at the TPC Sawgrass in 33 years - it was his seventh victory in 10 months. [Full Article...]
Real Madrid captain Sergio Ramos warns against complacency
Diego Simeone: "On Wednesday we have a very hard game, impossible for many, but not for us, nothing is impossible". "This club relishes moments like this and we're focused on tomorrow's game. "I would settle to be in this position every year". The Atletico captain also hopes their famously loyal fans can give them an extra push in the final European game in the Calderon, which is due to close ... [Full Article...]
Wells Fargo & Co's (WFC) "Outperform" Rating Reaffirmed at Keefe, Bruyette & Woods
About 337 shares traded. Questerre Energy Corp (TSE:QEC) has risen 230.00% since September 28, 2016 and is uptrending. The rating was downgraded by Raymond James to "Underperform" on Tuesday, October 4. The firm has "Hold" rating given on Wednesday, January 18 by Argus Research. The stock has "Hold" rating by Berenberg on Wednesday, July 13. If Wells Fargo fetches $2 billion for the insurance se... [Full Article...]
Oil Prices Spike After Saudi Comments on OPEC Cuts Extension
The move does not necessarily mean Saudi Arabia is preparing to deepen production cuts in the second half of this year, even though OPEC has debated such a plan alongside the possibility of extending cuts beyond 2017. Elsewhere, on the ICE Futures Exchange in London, Brent oil for July delivery ticked up 72 cents to settle at $49.10 a barrel by close of trade. "Six months is not enough as we'll st... [Full Article...]
Britain's May says will introduce energy cap if re-elected
The Confederation of British Industry (CBI) also cautioned against introducing a price cap , suggesting it could leave customers worse off than they are now. Centrica chief executive Iain Conn said: "We continue to make good progress in implementing our customer-facing strategy, building on the underlying momentum we had as we entered 2017". [Full Article...]
Trump's '8th wonder of the world' sold for fraction of cost
ATLANTIC CITY, N.J. (AP) - Donald Trump wrote " The Art Of The Deal ", but it was Florida's Seminole Indians who made a truly incredible deal to buy the opulent casino built by the man who is now president of the United States. He relinquished his final stake in the business when Icahn acquired it from bankruptcy past year. Icahn and Atlantic City's main casino workers' union were unable to agre... [Full Article...]
Facebook removes accounts in fight against fake news
Facebook has been under fire for not quickly responding to complaints about the spread of fake news, hate speech, and extremist content on its platform. These tips, which include "Be skeptical of headlines" and "Watch for unusual formatting", are available on Facebook's Help Centre, but the company has chose to run it as an advert "across the United Kingdom press" too, said Independent. [Full Article...]
Chanticleer Holdings Inc (NASDAQ:HOTR) has signed a multi-unit franchise deal
Mike Pruitt, Chairman and Chief Executive Officer of Chanticleer Holdings, commented, "We are excited to expand Little Big Burger's presence on the West Coast with a partner who is not only an experienced restaurant owner, but also a large investor in Chanticleer". [Full Article...]
Arsenal keeps top four hopes alive as Wenger ends Mourinho curse
Here are those three guys, once deemed "the future" who are finally making something of themselves in this fresh new formation. "Now we play Celta Vigo and we need to focus on that from this moment", Mata told the club's website. Jose Mourinho has been unbelievable in the transfer market over the years, you've got to accept that. But the Frenchman opted against taunting Mourinho, preferring to... [Full Article...]
Trump preparing certified letter attesting to no Russia ties
Time will tell if this possible line of inquiry goes anywhere, but shortly before becoming president, Trump told reporters , "I have no deals that could happen in Russian Federation, because we've stayed away". "Trump was very loyal to Flynn, and (it) took a while for everyone to convince the President that Flynn had been compromised", Graham said. Sheldon Whitehouse, D-R.I., listens at right. [Full Article...]
Francia, Mattarella a Macron: Sua elezione prova di fiducia in Ue
La presidenza Macron è fenomeno anomalo, generato dal potere finanziario d'Oltralpe e dalla "fifa" per l'antagonista Le Pen . L'ormai ex candidata frontista riferisce inoltre di aver già telefonato al nuovo presidente della Repubblica per congratularsi e per fargli "gli auguri per le immense sfide che si troverà di fronte", non rinunciando alla distinzione tra "veri patrioti e mondialisti". [Full Article...]
Euro Losing Ground Against Dollar Over Lack Of Fresh Catalysts
Euro pulled back from daily highs touched after Emmanuel Macron's victory in France's presidential election, as traders booked profits and avoided making big bets on euro. Overall, the figures did not appreciably alter market expectations that the U.S. Federal Reserve is on track to raise interest rates next month, with analysts citing a slack in wage growth. [Full Article...]
Australia to spend up to $A 20bn on rail projects
An additional $A 8.4bn will be made available for the Melbourne - Brisbane Inland Rail project, a dedicated high-productivity rail freight corridor that has been many years in the planning. "Projects such as Adelink, Brisbane Metro, Tullamarine Rail link, Cross River Rail in Brisbane and the Western Sydney Airport rail link, all have the potential to be supported through (the $10 billion National ... [Full Article...]
Target Testing 1-Day Delivery Service
The new service, dubbed Target Restock, aims to fix that. Target is testing a program to let customers order household essentials like laundry detergent, paper towels and peanut butter and have them delivered to their homes the next day . [Full Article...]