Economy

New Daily Service Between Sacramento and Newark, NJ on United Airlines

Petersburg, and seasonally to Punta Gorda/Ft. United said the service will operate on a daily, year-round basis, except for certain dates in January and February. The Airport offers daily direct flights on Alaska Airlines to Seattle, Portland, Los Angeles, Orange County, and San Diego, twice a week flights on Allegiant Air to Las Vegas, and nonstop daily flights to Phoenix Sky Harbor on American Airlines. Read More

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Vetr Inc. Lowers AK Steel Holding Co. (AKS) to Sell

This insider holds 300,742 shares with a market value around $2724722.52 as of recent close. Analysts mean target price for AK Steel Holding Corporation (NYSE:AKS) is $9.66 while their mean recommendation is 3.00 (1=Buy, 5=sell). AK Steel Holding Corporation has P/S value of 0.43 while its P/B value stands at 0. AK Steel Holding has a 12-month low of $2.47 and a 12-month high of $11.39. Read More

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Popeyes to be sold to Burger King's parent company for $1.8B

Investors expected a price target of 0.58 for this quarter. These analysts and investment firms use various valuation methods to decide a price target for a stock. An important factor to consider when evaluating a stock's current and future value are the 52 week price high and low levels. He soon changed the name to Popeye's, after Gene Hackman's Popeye Doyle from " The French Connection ", which came out the year before, and amped up the spice in the recipe. Read More

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Israel fired by missiles from Egypt

The rocket attack came a day after ISIS claimed that five members of its Sinai Peninsula branch were killed in an Israeli drone attack on Saturday night. The images show a militant linked to the ISIS affiliate in Egypt, known as the Sinai Province, as he prepares two rockets prior to launching them from the restive Sinai Peninsula. Read More

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Kraft says Unilever rejected merger offer

The US food giant, whose brands range from Heinz Tomato Ketchup and Philadelphia cheese, now has until March 17 to table an official bid. Kraft Heinz is not giving up however and will continue to negotiate, Reuters reports. The company laid off 106 workers last April. Unilever is the world's fourth-largest consumer goods company by sales, pulling in €52 billion ($55 billion) in revenue previous year. Read More

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South Korea prosecutors expand charges against Samsung boss

South Korea prosecutors expand charges against Samsung boss

The head of South Korea's largest business conglomerate is facing his second arrest warrant in the bribery case that lead to the impeachment of South Korean President Park Geun-hye in 2016. "I believe the court will make a wise decision", he said. With the scandal engulfing the group for months, Samsung has not conducted its annual personnel reshuffle and failed to lay out its business targets for this year. Read More

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Verizon has lowered its Yahoo acquisition offer by $250 million, say reports

Verizon's original deal, agreed to back on July 25, has been under intense pressure since Yahoo revealed soon thereafter that it had been the victim of two separate and unprecedented data breaches. Yahoo! admitted in a pair of announcements previous year that hackers had broken into the web company's database of more a billion Yahoo! customers, swiping personal information and hashed passwords. Read More

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USA bridges structurally deficient; 900 in Texas

That's good for second behind Iowa, which again led the annual report with 4,968, also an improvement for the state from previous year. Bridges with one or more key elements in poor condition are deemed structurally deficient. And while the nation's inventory of structurally deficient bridges has declined 0.5% since 2015, it would take more than two decades to replace or fix all of them if the current pace holds. Read More

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China's foreign trade grows past market expectations in January

China's foreign trade grows past market expectations in January

Capital Economics China economist Julian Evans-Pritchard said while seasonal factors, including the impact of the Lunar New Year holiday, played a large part in the results, underlying demand appears to have strengthened. January data also benefited from a more favorable comparison to a year earlier, when shipments slumped 10.9 percent in yuan terms. But the country was still a net exporter for the month. Read More

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OPEC has pulled off one of its 'deepest' production cuts

OPEC has pulled off one of its 'deepest' production cuts

It should be remembered, though, that this stock draw is from a great height. They did this under the Algiers Accord and in line with this accord struck a deal in Vienna, first since the financial crisis in 2008. Oil prices caught in a trance above $50 a barrel are set for a jolt as evidence on pledged output curbs from OPEC and other producing nations hits the market over two sessions. Read More

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International Monetary Fund board split over how to manage Greek recovery

That debt relief must be accompanied, however, by "strong policy implementation to restore growth and sustainability", it said . While European officials insist that the IMF participates in the bailout, the fund says it will not lend more unless the country's long-term debt is sustainable, and that requires further substantial debt relief and realistic budget targets. Read More

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State of emergency in Chapel Hill over water shortage

State of emergency in Chapel Hill over water shortage

Restaurants and other local businesses were allowed to reopen to the public Saturday afternoon after the "do not drink and do not use" declarations were lifted. and ended its water transfer from Chatham County at about 6 p.m. Saturday. "We apologize to customers for the significant disruption and inconvenience due to the need to cease use of OWASA water from Friday morning to mid-afternoon Saturday", OWASA said in its Sunday statement. Read More

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U.S. veterans vow to block Dakota Access pipeline construction

There are a couple of updates from the Dakota Access Pipeline protests to keep an eye on this week. The pipeline is more than 90 percent complete, save for a segment that would go under the Missouri River. The Standing Rock Sioux won delays from the Obama administration for further environmental review, but last week President Donald Trump signed an executive order telling the Corps to expedite its review of the project. Read More

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Fed stands pat on interest rates amid political and economic uncertainties

The Fed statement was approved 10-0. The policy-making arm of the Federal Reserve has chose to keep the federal funds rate at a range of 0.5 to 0.75 percent at its February meeting. On top of the dual mandates of full employment and 2.0% inflation, the FOMC did note that future rate hike and policy decisions would consider readings on both financial and global developments. Read More

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Oppo A57 launched in India with 16MP front camera for Rs 14990

Oppo A57 launched in India with 16MP front camera for Rs 14990

In terms of form factor, the Oppo A57 is heavily inspired by Apple's iPhone design . The design is not odd at all, boasting a premium metallic unibody that gives it a high-end feel. The device is fueled by the Snapdragon 435 64-bit octa-core SoC running at 1.4GHz, along with the Adreno 505 GPU for graphics. There is also 32GB of onboard storage , which can be further expanded up to 128GB via a microSD card. Read More

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Toyota falls behind VW in global sales

Specifically, the new 7 seater Volkswagen Atlas for the United States and China and the Skoda Kodiak for most of Europe will help drive sales in 2017 even further. The figures Toyota released say overseas production increased 2.1% past year to 6.17 million cars, with growth in North America. Nissan's global sales increased 2.5% to a record high of 5.55 million cars, due to large increases in emerging markets like China and Mexico. Read More

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Donald Trump Accuses Chuck Schumer Of Shedding 'Fake Tears' Over Refugees

Donald Trump Accuses Chuck Schumer Of Shedding 'Fake Tears' Over Refugees

Technology companies Amazon.com Inc and Expedia Inc, both of which are based in Washington , will support the suit, state Attorney General Bob Ferguson said. Kirsten Gellibrand (D-NY) and Chris Murphy (D-CN) have said they will propose legislation to undo the order. Feinstein, who vice chairs the Senate Intelligence Committee, wasn't the only Democratic senator to discuss introducing legislation next week opposing Trump's order. Read More

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