Business

SpaceX launches second satellite in just 14 days

SpaceX launches second satellite in just 14 days

EDT (or 23:21 UTC) Monday, May 15. London, UK-based Inmarsat's Inmarsat-5 F4 communications satellite weighs in at almost 13,500 pounds and is the fourth in the series. The satellite separated from the Falcon 9's second stage right on time, about 32 minutes after liftoff. The National Reconnaissance Office bought SpaceX's launch services via a contract with Ball Aerospace, a Colorado-based satellite and instrument builder. Read More

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Overblown claim on new China trade deal

Overblown claim on new China trade deal

The Trump administration has signed a trade deal with China . In truth, the trade wins build on market openings already under way. What is far less clear is whether Trump's first deal with China will do much to narrow the US trade deficit, which stood at $347 billion previous year. Read More

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Don't call me Caitlyn: Baby name plunges in popularity

Don't call me Caitlyn: Baby name plunges in popularity

She appeared on This Morning yesterday, where she was showered with praise from Ruth and Eamonn Holmes. "I had been on hormones, I had to be honest with her as there are lots of little changes that go on there". When Jenner took the name, however, she says it became "controversial" and that the drop was "inevitable". I have to be very smart about this-where can I do a better job for my community, in bringing the Republican party around to LGBT issues? "I could go on the athletics field and ... Read More

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California governor seeks smaller education, child care cuts

California governor seeks smaller education, child care cuts

Brown is seeking to increase K-12 education funding by $3 billion compared to the current fiscal year, translating to about $4,058 per student, according to the governor's office. The heart of the potential federal cuts to California involve health care if the Affordable Care Act is repealed. Assembly Minority Leader Chad Mayes, R-Yucca Valley, called Brown's latest budget "a bait and switch", citing voters' approval previous year of tax increases that he said were to fund health and dental ... Read More

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Trump delaying decision on Paris climate deal

The Paris Agreement was agreed by the 195 member economies that attended the 21st session of the Conference of the Parties (COP21) to UNFCCC 2015 in Paris. UN climate negotiators in Bonn were left frustrated Tuesday as the White House postponed a meeting to determine whether the U.S. will stay in the 196-nation Paris Agreement to curb planet-harming fossil fuel. Read More

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7 things to know now

7 things to know now

MTV's decision to remove the special gender categories is a welcome cultural statement, and fans of the music awards across the globe have been congratulating the company. Thanks to the MTV Movie &TV Awards, we now know .She's in the Upside Down. Director Bill Condon said in his acceptance: "Thank you to the audience who embraced this movie so much but especially to the women because women are proving that they are a huge and powerful audience and that's going to change the movie business". Read More

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Hertz Reports Net Loss of $223M

Hertz Reports Net Loss of $223M

State Board of Administration of Florida Retirement System raised its stake in shares of Hertz Global Holdings by 3.0% in the fourth quarter. The company reported an adjusted first-quarter net loss of $1.61 a share on sales of $1.92 billion, compared with an adjusted net loss of $67 million, or 79 cents a share, for the same period a year ago. Read More

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How major USA stock market indexes fared on Tuesday

How major USA stock market indexes fared on Tuesday

Demand for stocks that pay high dividends has dulled as bonds have begun to pay more in interest. Strong jobs data improved the market sentiment. The Russell 2000 is up 34.73 points, or 2.6 percent. The hotel operator cited improving trends around the world, from North America to Europe to Asia. Hertz Global Holdings sank 14.2% to $12.80 after reporting a larger loss for the last quarter than analysts expected. Read More

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Target to test next-day delivery

Target to test next-day delivery

The new service, dubbed Target Restock , aims to fix that. Target Restock, announced on the company's blog Monday, is limited for now to some employees at the company's Minneapolis headquarters. "We created Target Restock to save busy guests time and make it easier than ever to get household essentials delivered quickly", the company said. The company says that the box is prepared at its retail locations to allow for the low fee and fast shipping. Read More

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Oil Prices Rebound Some in Volatile Trading

Oil Prices Rebound Some in Volatile Trading

Prices are still more than 50% below their peak in 2014, when surging shale output triggered crude's biggest collapse in a generation and left rival producers such as Saudi Arabia scrambling to protect market share. Elsewhere, Comex silver was down 0.17% or 3 cents at $16.30 an ounce, while spot platinum was 0.58% or $5.23 higher at $908.85 an ounce. Marathon also raised its forecast for 2018 output. Read More

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China's C919 airliner gets set to challenge Airbus and Boeing

The company that developed the C919, Commercial Aircraft Corporation of China (Comac), is owned by the state. COMCAR already has 570 orders from 23 clients but aviation website Airline Reporter points out that most-apart from 20 orders from GECAS , an aviation asset management service-are from other state-owned Chinese airlines and questions remain over whether the C919s will have worldwide appeal. Read More

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Airline Execs Raked Over the Coals by Congress

If airlines don't act to improve, "I can assure you, you won't like the outcome", Shuster said . United, as well as several other airlines, have already taken steps to address issues like overbooking. United reached a settlement with Dr. Dao last week but the terms of the settlement have not been revealed. But lawmakers were skeptical that airline competition would eliminate customer-service problems because the four largest airlines - American, Delta, Southwest and United - control 80% ... Read More

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Apple Watch helped CEO Tim Cook shed 30 pounds

Apple Watch helped CEO Tim Cook shed 30 pounds

Apple Inc ( AAPL ) plans to create a $1 billion fund to invest in USA companies that do advanced manufacturing , Chief Executive Tim Cook said on Wednesday. Cook also mentioned that the fitness tracker gives him more motivation to stay fit, since it continuously gives you personalized feedback. Cook added that he hopes Apple can spur on other major corporations in Silicon Valley, and elsewhere in the country, to partake in similar efforts to grow these jobs. Read More

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Groupon Inc (NASDAQ:GRPN) & Etsy Inc (NASDAQ:ETSY)

Sure, the percentage is encouraging but better times are ahead as looking out over a next 5-year period, analysts expect the company to see its earnings go up by 3.35%, annually. Finally, Weiss Asset Management LP purchased a new position in shares of Groupon during the third quarter worth approximately $228,000. Airain ltd now owns 84,721 shares of the coupon company's stock worth $436,000 after buying an additional 28,573 shares in the last quarter. Read More

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Magellan Midstream (MMP) Q1 Earnings, Revenue Beat Estimate May 03, 2017

Magellan Midstream (MMP) Q1 Earnings, Revenue Beat Estimate May 03, 2017

It increased, as 5 investors sold First Commonwealth Financial shares while 38 reduced holdings. Cim Lc owns 6,035 shares or 0.23% of their U.S. portfolio. Federated Invsts Pa owns 6,048 shares. Jpmorgan Chase has invested 0.01% of its portfolio in First Commonwealth Financial (NYSE:FCF). Lafitte Cap Mngmt L P has invested 17.69% of its portfolio in Eldorado Resorts Inc (NASDAQ:ERI). Read More

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Trump says he's willing to consider raising gas tax

Trump says he's willing to consider raising gas tax

New Jersey is one of six high-tax (and mostly Democrat-leaning) states where residents would be particularly hurt by the elimination of the deduction for state and local taxes. The business tax rate would decrease from 35% to 15% for corporations. I can give you 30 million reasons, one for each dollar the AMT required Trump to pay on more than $150 million. Read More

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