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May 2017 Business News
David Stockman: Trump's tax plan is 'dead on arrival' and Wall St. is 'delusional' Japan's potato chip crisis hits home as spud shortage strikes snack makers: Report Las Vegas Based Ohjah Launches Japanese Ohjah Noodle Houses Dollar edges up, European inflation data underpins euro Brent slips below $52 as US drilling, China worries weigh on oil prices Dollar dips against euro after weak US economic data Trump says he is open to increasing US gasoline tax to pay for infrastructure: Report Gold falls after weak US data Op-Ed: How safe is the euro? This chart says everything you need to know Dollar hits 1-month high vs yen as US yields rise China's factory sector growth slows to its weakest pace in seven months Gold steady on stronger equities, dollar UPDATE 5-Dish revenue misses estimates, loses more subscribers than expected UPDATE 4-Dish revenue misses estimates, loses more subscribers than expected BP posts earnings beat as profits triple on higher oil prices Dollar hits 6-week high vs yen on Mnuchin bond hints Bitcoin jumps to a record, nears $1,500 on a spike in demand from Japan Oil prices fall as US and Libya output gains outweigh OPEC, Russia cuts Yields slip after Trump tweets US 'needs a good 'shutdown'' UPDATE 1-T-Mobile to begin rolling out 5G in U.S. in 2019 Children's Author Susie Rich Releases Much-Anticipated Comic Book Dollar steady with eyes on Fed for rate clues; kiwi firmer Brussels hoists gross Brexit ‘bill’ to up to 100 billion euros Oil rebounds on US stocks drawdown, declining OPEC compliance weighs Gold trades near three-week low on higher risk appetite Dollar jumps against yen on US data, Treasury announcement Gold prices dip on expected US Fed rate hike in June This chart points to S&P 2,500: BofA technician UPDATE 4-Sprint mum on M&A plans as quarterly loss narrows; shares down UPDATE 3-Sprint mum on M&A plans as quarterly loss narrows; shares down ProAmpac Presents PRO-DURA Premium at Interpack 2017 Duke's Mayo and Jans Marinade Packaging Receive Awards May 4 at WorldStar Ceremony During Interpack 2017 Edgewater Hardwood Flooring, LLC SIGNS UP WITH FIRMS LTD A Leading Nordic Insurer Selects Sapiens for Modernization Project Worth $30 Million Canadian Mortgage Industry Supports At-Risk Youth - A Gala Night to Remember Dollar stands tall after Fed keeps door open to June hike Commodities tomorrow: Added Libyan supply adds to oil concerns China steel, iron ore demand consistent on economic development: Fortescue CEO Oil eases, near weakest since late March on small US stocks decline Circles.Life says cheaper mobile data in Singapore means embracing disruption Singapore's Circles.Life is on track to capture 4-5% market share in the next few years Euro jumps after French debate, Fed expectations top out Gold hits six-week low after Fed fuels dollar rally Oil prices plunge 4% below $46 a barrel, dropping to a five-month low Oracle CEO pushes back on challenge from Salesforce: 'Are you kidding me?' Euro near 6-month high ahead of French election Japan, China, South Korea pledge to resist protectionism, taking stand against Trump rhetoric OPEC in driver’s seat as ‘Fast and Furious’ oil stock draw eludes Oil pinned near 5-month low as global oversupply weighs Europe markets edge lower as oil slumps; Pearson up 13.5%; French election eyed Euro hits roughly 6-month high vs dollar on ECB expectations Gold heads for biggest weekly drop in six months Oil holds gains as US rig count rises for 16th week, up 6 rigs to total of 703 Europe markets close higher; Pearson up 12%; French election eyed Ankota And FHS Partner To Deliver Integrated Home Care Management Platform South Shore Kia is Under New Ownership Commodities tomorrow: Crude rebounds slightly An unusual 'blank check company' just began trading on the NYSE for the first time ever Oil went through a flash crash overnight, putting an already fragile market on edge As oil slides, one technician has a shocking prediction: Expect crude to hit $90 Some economists think the surprise winner of a successful NAFTA reboot could be...Mexico China's April foreign exchange reserves rise for third straight month helped by dollar rally pause Euro gives up some gains as Macron seals French election victory What's influencing the euro Oil prices rise on expectation of output cut extension Gold firm on euro strength after Macron wins French elections Euro slides from 6-month peak as Macron win spurs profit-taking Visa and Apple shares could see gains if the euro continues to rise Gold bounces off lows hit after Macron's French election win Oil prices ease despite hint of longer extension to OPEC cut Straight Path stock surges after Verizon raises it takeover offer Verizon appears to want to buy Straight Path Why the Aussie could fall further What to do with the Aussie dollar Gold holds near 7-week low as safe-haven demand fades Oil gives up earlier gains as rising US output, China concerns weigh Verizon does not feel pressure to do big deal -CEO U.S. FCC website hit by attacks after 'net neutrality' proposal Bitcoin spikes to fresh record after Fed's Kashkari speaks about blockchain 'potential' Dollar cheered by rising US yields as risk appetite grows Oil slides to session lows after EIA hikes US output forecast, lowers price outlook Gold falls to 8-week low as safe-haven demand sags Samsung's unlocked S8 makes it easier to switch carriers Dollar slips after Trump fires FBI director Trading the Aussie post-budget Gold inches up from 8-week low as dollar slips Oil prices rise in Asia in expectation of Aramco supply cut UPDATE 1-SoftBank profit climbs, keen to talk about a deal for Sprint A Young Average Joe Takes Positive Steps Toward Fitness and Health in Joe Some-More, a Children's Book About Healthy Eating and Exercising Dollar inches lower after Trump sacks FBI chief Oil prices are surging right now after a report showed falling stockpiles, greater demand Gold edges off eight-week low as Trump dents risk appetite Jay Z fortune jumps 30 pct but Diddy reigns in rap rich list Japanese conglomerate SoftBank wants to merge Sprint with T-Mobile Dollar hits 8-week highs vs yen, kiwi tumbles as central bank surprises on outlook What to expect from the BOE Oil prices rise on falling US crude stocks, Saudi supply cut to Asia Gold inches up from 8-week low as dollar weakens We have number 1 or 2 positions in most of our markets: VEON CEO Verizon wins bidding war to acquire Straight Path for more than $3 billion: Report Dollar sinks vs yen on technical factors, US political tension Bitcoin prices are continuing to hit new record highs Gold holds off 8-week lows as stock markets retreat Oil rally continues after US crude inventories fall, Saudis cut exports to Asia UPDATE 2-Canada's Telus surprises with strong wireless growth T-Mobile US set to take part in US merger talks, says Deutsche Telekom Dollar inches away from 8-week high vs yen; focus on US data Is it too late to get into sterling? Gold steady as US political concerns pressure dollar; stocks drop US, China reach deals on market access for American exports of beef, financial services Golden State Dentistry Finds Firms Ltd A Firm Partner International SAP Conference for Treasury Management The Week Ahead: New Google gadgets on tap Dollar slips after weaker-than-expected US inflation, sales data US crude settles at $47.84, breaking three-week losing streak Gold firm as U.S. political concerns support Red-hot telecom deal market about to get even hotter with reported Sprint, T-Mobile tie-up talks European markets close higher; United Internet jumps almost 14% ZTE to expand digital television service offering in Pakistan Dollar starts week under shadow of underwhelming data, N. Korea Gold firm on weak US data, N. Korea concerns Oil jumps after Saudis, Russia say supply cut to be extended to March 2018 ZTE's expansion takes it to Pakistan Canadian, Aussie dollars driven higher by oil boost Oil prices surge above $49 a barrel on Saudi, Russian output agreement Gold rises as weak US data dampens rate hike expectations ProAmpac Wins Multiple FTA Awards for 2017 Flexography Competition Mouse, National Youth Development Nonprofit, Celebrates 20 Years of Empowering Youth to Create Technology with Purpose Euro sets 1-week high ahead of GDP data; dollar inches lower What's behind easyJet's loss, according to the CEO Oil prices rise on expectation of extended crude supply cut One market watcher suggests buying Noble, Olam in Singapore commodities play UPDATE 1-Britain's Vodafone reports net loss of 6.1 bln euros Britain's Vodafone reports net loss of 6.1 bln euros Euro surges to 6-month high after solid data as Trump worries hit dollar Euro jumps to six-month high but analysts warn on hopes for prolonged rally Gold climbs for fourth day as dollar slips, euro rallies Oil prices dip back below $49, despite growing support for extending supply cuts Yahoo shares climb amid announcement of $3 billion buyback Risk from the White House, no longer European politics, means a stronger euro: Pro Dollar pressured by US political turmoil, strong eurozone data Gold rises to 2-week high on safe-haven demand amid Trump concerns Oil drops on rising US crude inventory, defies expected supply cut extension Cramer Remix: Why Carl Icahn’s decision to sell Apple was the right one Oil dips on rising US crude inventories, defies expected supply cut extension Safe-haven currencies soar on Trump uncertainty Euro in 'trend change,' as dollar gets thumped on US political risk, lowered Fed expectations Gold surges as Trump turmoil hits dollar, US yields Oil prices rise on fall in US crude stockpiles, signs of OPEC consensus Polar King to Showcase Outdoor Walk-in Coolers and Walk-in Freezers at the 2017 National Restaurant Association Show, May 20-23, in Chicago, IL. Polar Leasing Company to Showcase Outdoor Walk-in Cooler and Walk-in Freezer Rentals at IQPC Pharma Logistics Week May 22-25 in Coronado, CA. Thermodyne Foodservice Products and the American Griddle Corporation to Exhibit at the 2017 National Restaurant Association Show, May 20-23, in Chicago, IL. Trump uncertainty to weigh on dollar Dollar at 6-month low as Washington rocked by probe into Trump campaign Oil prices dip as supplies remain ample despite production cuts Gold holds gains as US political worries hit dollar Mobile is slow, but cyber-security business will help company grow, says Singtel CEO Singtel focusing on cybersecurity opportunities DHFL Strengthens Leadership Team with Induction Of Santosh Nair as Chief Business Officer EuroLife Goes Live with Sapiens ALIS for All Life, Investment and Health Lines of Business Gold holds gains as US political crisis deepens Exablaze and Solarflare Resolve Patent Dispute Robust US data helps reverse dollar slide Gold edges lower after biggest rally since Brexit vote Oil prices rise as key producers pledge output cuts ahead of OPEC meeting UPDATE 1-U.S. FCC votes 2-1 to advance repeal of Obama-era internet rules FCC vote kicks off proposal to repeal net neutrality rules James W. Brody, Managing Member, American Mortgage Law Group to Speak at the Knowledge Group's Residential Mortgages Lender Liability Litigation Michael R. O'Donnell, Partner, Riker Danzig Scherer Hyland & Perretti LLP to Speak at TKG's Residential Mortgages Lender Liability Litigation Webinar Announcing the International SAP Conference for Financial Shared Services 2017 Respite for dollar from solid US data; political storms rage on US dollar spikes, then falls as traders speculate over whether Trump will face legal issues Oil prices climb on hopes output cuts will be extended Gold rises, set for biggest weekly gain since mid-April Mobile is slow, but cyber-security business will help company grow, says Singtel group CEO Dollar heads for worst week in over a year Bitcoin's price hit another all-time high Oil holds gains as US rig count rises for 18th week, up 8 rigs to total of 720 Oil cracks $50 a barrel for the first time in three weeks Op-Ed: Here’s who loses big time if Sprint and T-Mobile are allowed to merge Goldman says T-Mobile is a great buy even if it doesn't get acquired The Week Ahead: Liquidation sales at some JCPenneys These two markets are getting really worried about Trump political risk US crude settles at 4-week high of $50.33 as investors expect output cut extension Exxon Mobil's executive pay plan gets thumbs down from top advisor UPDATE 1- About 37,000 AT&T workers go on three-day strike AT&T workers go on three-day strike Brazil's political woes distract from big gains in this booming sector Oxyrane raises USD49.5 Million in Series D financing Dollar inches up but US political woes keep it near 6-month lows Too early to tell if dollar bull run over: Analyst Gold prices dip as Asian stocks gain, but Trump worries support Oil rises on expectation of extended, possibly deepened output cut Dollar weak as political risks linger; euro bounces on Merkel comments Bitcoin continues its epic rally Trump trouble and euro surge extend gold's gains Oil prices whipsaw in wild trading as potential holdout Iraq supports OPEC deal FX markets: Time to watch and wait? Euro near 6-month highs, pound sags versus yen after Manchester blast Gold prices steady despite Manchester blast, US political woes support
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