Wynne to slap 15 per cent tax on foreign real estate speculators

Wynne to slap 15 per cent tax on foreign real estate speculators

Ontario announced a rash of measures including a tax on foreign buyers and expanded rent control as part of a plan to temper escalating home prices in Toronto . NDP MPP Peter Tabuns slammed the government failing to move faster to address the rent control loophole. But he noted that the impact of policy changes is hard to predict, and there is a risk of fallout beyond the housing market in other pockets of the banks' consumer credit business that includes credit cards and auto loans. Read More

China to host int'l cooperation summit in May with 28 leaders

China to host int'l cooperation summit in May with 28 leaders

Since 2013, China has invested more than 50 billion USA dollars in Belt and Road countries. According to Wang, 28 heads of state and government leaders will attend the forum. "In fact, China, Russia and Central Asian countries have made significant progress in implementing the One Belt, One Road Initiative". While China says the New Silk Road is not political, it has run into opposition from India due to a section of it in Pakistan, known as the China-Pakistan Economic Corridor, where some ... Read More

Kapanen scores double OT winner as Leafs beat Capitals 4-3

Kapanen scores double OT winner as Leafs beat Capitals 4-3

The game featured feats of endurance by Toronto's defensive corps, which lost Roman Polak for the game and the remainder of the season when he was injured on a Brooks Orpik hit in the second period. "I think Toronto has really dictated the series", he said. "But the reality of it is, it's going to be a long series no matter who you play, and if you play really well and you get a couple breaks and you execute, and you're playing well as a team, you may take out a team a little earlier", said ... Read More

Retail Sales, Consumer Prices Fell in March

Retail Sales, Consumer Prices Fell in March

The Commerce Department said on Friday retail sales dropped 0.2 percent last month. All other sectors saw increases over the same month past year, with the miscellaneous retail stores category posting the third best gain of 6.5%. For the first time in almost two years, retail sales declined two months in a row, highlighting once again the current challenges facing a retail industry that has suffered a number of bankruptcies and store closures so far in 2017. Read More

Uber denies stealing Google technology

Uber denies stealing Google technology

Otto's founder, Andrew Levandowski is a former Google employee who resigned and was eventually accused of stealing more than 14,000 documents pertaining to the self-driving vehicle technology. It has argued for arbitration on grounds that the lawsuit stems from the actions of Levandowski while he was with Alphabet, and so should be covered by Alphabet's employee agreement with him. Read More

ANTIPODES PARTNERS Ltd Buys 70788 Shares of Capital One Financial Corp. (COF)

This represents a $0.60 dividend on an annualized basis and a yield of 1.48%. Following the completion of the transaction, the executive vice president now owns 177,211 shares in the company, valued at approximately $12,351,606.70. The Pennsylvania-based Twin Management has invested 0.24% in Capital One Financial Corp. Out of rating recommendations 2 have given the stock a Buy while 6 recommend the stock as Outperform. Read More

United Kingdom wage growth after inflation nearly disappears in three months to February

United Kingdom wage growth after inflation nearly disappears in three months to February

The urban CFPI in the month of March was 2.27% as compared to 1.87% in February and 3.98% during the same period past year. Consumer price inflation has remained at 2.3 per cent in March, remaining at its highest year-on-year level since October 2013. Read More

Delta woes continue because of staffing; 100+ flights canceled Sunday

Delta Chief Operating Officer Gil West called the storms that pounded Atlanta "unprecedented" and acknowledged the recovery effort could have been better. The cancellations have also impacted travelers at Bradley International Airport. According to Richmond International Airport's website , there is one delayed departure and one arrival flight from Boston Monday morning. Read More

KFC to stop using chickens raised with antibiotics meant for humans

KFC to stop using chickens raised with antibiotics meant for humans

KFC is aiming to stop using chicken with antibiotics in it from the end of 2018. Approximately 70 percent of medically important antibiotics sold in the United States are for use on livestock and poultry, the release added, stating that the drugs are often fed to animals that aren't sick in order to promote growth and prevent disease . Read More

Gambler Walters convicted of insider trading

Gambler Walters convicted of insider trading

Reuters reports Walters faced 10 counts, ranging from wire fraud to conspiracy. "To say I was surprised would be the biggest understatement of my life. Walters, meanwhile, maintained he simply used the same research skills and insightful thinking that made him an ace sports gambler when he traded shares of Dean Foods, a leading dairy company. Read More

Parl clears decks for GST rollout from July 1

Parl clears decks for GST rollout from July 1

Parliament today cleared the decks for the rollout of the historic Goods and Services Tax (GST) from July 1 as it approved four supporting legislations to usher in the one-nation-one-tax regime. CPI leader D Raja said increasing the slabs of indirect taxes will put a burden on common people. In the Rajya Sabha, however the party made a decision to support the government, sources said, because it did not want to be seen as a spoke in the development story, particularly since it authored GST. Read More

Analyst Opinion Summary: Constellation Brands, Inc. (STZ), Alphabet Inc. (GOOGL)

Analyst Opinion Summary: Constellation Brands, Inc. (STZ), Alphabet Inc. (GOOGL)

IBD'S TAKE: As more states legalize marijuana in some form or another, Constellation could win in some ways and lose in others based on demographic trends, an analyst report said past year. Constellation Brands had a net margin of 16.65% and a return on equity of 19.07%. FBR & Co set a $69.00 price objective on shares of L Brands and gave the company a "hold" rating in a research report on Sunday, January 8th. Read More

Pakistan captain Misbah-ul-Haq to retire after West Indies series

Pakistan captain Misbah-ul-Haq to retire after West Indies series

Teenage leg-spinner Shadab Khan is in line to make his Test debut, bolting into Pakistan's Test squad to play West Indies later this month. West Indies Twenty20 captain Carlos Brathwaite says he is pleased with his improved performances during the just-concluded series against Pakistan , but would have preferred overall team success. Read More

Trump signs bill blocking online privacy regulation

The lawmakers utilized the Congressional Review Act (CRA), a bill that permits Congress and the president to overturn recently passed regulations that originated and were authorized through a federal agency. Sadly, U.S. Sens. Bill Cassidy and John Neely Kennedy, both Republicans, voted for the bill, as did most members of Louisiana's House delegation. And AT&Tdirected concerned customers to its existing privacy policy, which states that the company "will not sell your personal ... Read More

Huge pink diamond sells for record $71 million, most ever for jewel

The stunning 59.60-carat diamond was sold to jewelry retailer Chow Tai Fook , who phoned in his bid to Sotheby's in Hong Kong , the Telegraph reported . The Pink Star is the largest polished diamond to go for auction. That sale collapsed because the buyer, diamond-cutter Isaac Wolf, never paid, and Sotheby's had to reclaim the stone. Read More

Sheryl Sandberg Launches Equal Pay Day Initiative #20PercentCounts

On average, white men are offered the highest salaries and black women are offered the lowest salaries. After years of speaking out about the pay disparity in women's and men's tennis , Venus Williams was finally vindicated in 2007 when Wimbledon finally made a decision to give equal cash prizes to men and women. Read More

US Movers: Apple, Fiat Chrysler, Ford, General Motors, Tesla

US Movers: Apple, Fiat Chrysler, Ford, General Motors, Tesla

They presently have a $40.00 target price on the auto manufacturer's stock. The stock of General Motors Company (NYSE:GM) earned "Sector Perform" rating by RBC Capital Markets on Friday, July 24. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink . GM, which sold 256,224 new cars and trucks in March, was the only domestic automaker to report a gain. Read More

Mylan Expands EpiPen Recall to Devices Distributed in US

Mylan Expands EpiPen Recall to Devices Distributed in US

It says EpiPens distributed between January and March of past year and EpiPen Juniors from November 2015 to February 2016 were affected. The drugmaker, Mylan , announced it is recalling more than 81,000 epipen devices in the United States and other continents. Read More

SpaceX Salvaged a $6 Million Nose Cone From the Falcon 9 Reflight

SpaceX Salvaged a $6 Million Nose Cone From the Falcon 9 Reflight

SpaceX's effective first-time launch of a recycled rocket of the Falcon 9 at the Kennedy Space Center in Florida on Thursday, March 30, 2017 has spawned plans for more parts to be reused this year. Musk also reiterated that the company will conduct the demonstration launch by "late summer", but acknowledged during a Thursday night news conference that flying the Falcon Heavy was a secondary priority for the company. Read More

Trump to sign executive orders targeting trade abuses

Trump to sign executive orders targeting trade abuses

The one of the orders will focus on a major review of the reasons behind U.S. ever-growing deficit, as the other will address issues of related to antidumping and countervailing duties. -China trade imbalance was mostly the result of differences in the two countries' economic structures and noted that China had a trade deficit in services. Read More

U.S. sanctions 11 North Koreans for links to nuclear and missle programs

The official, from the North Korean Sports Ministry, reportedly told Choi that the North Koreans will attempt to send "as many athletes as possible" through qualifying events. Speaking on his first visit to Britain as Pentagon chief, Mr Mattis condemned North Korea and described the isolated communist country as the most immediate threat faced by the US. Read More

Gibraltar outraged that Spain has veto power over its future

Gibraltar outraged that Spain has veto power over its future

Britain and Spain have engaged in centuries of squabbling over the territorial status of "the rock", and the EU's stance is likely to intensify those arguments. Tom Brake the Liberal Democrat foreign affairs spokesman said: "Confirmation that Gibraltar's future must be agreed by the United Kingdom and Spain shows just how damaging the Government's hard Brexit will be on this strategically important British territory". Read More

Staff shake-up at White House as deputy chief of staff leaves

Politico reports that Walsh's departure is part of a larger plan to give a boost to pro-Trump outside organizations that will provide support for his policies. America First Policies, once envisioned as the marquee outside group to bolster Trump's political objectives. The only apparent evidence that Walsh did not support Trump's election was a private meeting the RNC held with reporters before Trump's victory, in which she shared the committee's own forecast models that predicted he ... Read More

Fox News criticized for 'news alert' about Trump's weekend

Fox News criticized for 'news alert' about Trump's weekend

But he's played golf in at least 12 of those visits . The White House has not acknowledged Trump's activities at the Trump-branded properties, saying that he spent the time holding "meetings". He played more golf previous year than Tiger Woods. While the President hasn't played golf on every visit, sometimes attending to presidential business, the trips underscore a break with his insistence on the campaign trail that he wouldn't spend his time golfing because of how hard he would ... Read More

CBN Orders Banks To Sell Dollar At N360

CBN Orders Banks To Sell Dollar At N360

The Central Bank of Nigeria (CBN ) has directed all banks to immediately begin sale of forex for BTA, PTA, Tuition and Medical fees to customers at not more than N360 per dollar. Following a recent expansionary policy and a new resolve to ease the cost of doing business locally, the CBN has released about $400 million into the foreign exchange in the last four weeks, with a specific directive that $45 million from the last intervention be set aside for the settlement of invisibles. Read More

Abbott joins Trump in announcement of new McAllen call center

Abbott joins Trump in announcement of new McAllen call center

At a White House event with the second-largest US cable company's Chief Executive Thomas Rutledge and Texas Governor Greg Abbott, Trump praised Charter for planning to close its offshore call centers and move them to the United States. That amounts to an average investment of $6.25 billion a year. The deal was approved by the FCC in May of 2016, and Rutledge said this January that the addition of the 20,000 jobs would take place over the next three years. Read More

Slain officer identified in London attack - KBZK.com | Continuous News | Bozeman, Montana

Slain officer identified in London attack - KBZK.com | Continuous News | Bozeman, Montana

Palmer was a 48-year-old married father with 15 years of service, Rowley said. Police officer Keith Palmer was killed in the Westminster attack. . Video: The Prime Minister is adamant that violence and terror is doomed after an attack in Westminster . He said they'd served together in the Royal Artillery "before he became a copper". Read More

Macron and Le Pen clash in presidential debate

N'DJAMENA/PARIS French far-right leader Marine Le Pen will meet Chad's President Idriss Deby on Tuesday as she looks to bolster her foreign policy credentials with a key ally in the fight against Islamist militants, her National Front party said. Read More

Dollar Hits Six-Week Low

Dollar Hits Six-Week Low

Lo said the yuan may also suffer from growing protectionist worries after G20 officials dropped a decade-old pledge to keep trade open in their post-meeting communiques on Saturday. Last week, the Dow Jones Industrial Average squeezed out a gain of nearly 0.1 percent, the Standard & Poor's 500 Index rose 0.2 percent, and the Nasdaq Composite Index climbed 0.7 percent. Read More

Uber Pledges to Fix the Company's 'Cult of the Individual'

Uber Pledges to Fix the Company's 'Cult of the Individual'

He joined Uber from Target Corp, where he was chief marketing officer and is credited with modernising the retailer's brand. Uber has been hit by several controversies, including allegations that it routinely ignores sexual harassment . Huffington said Kalanick is honest that he wants the incoming COO to be a true partner with him. - And Rachel Holt, who heads Uber's US and Canada operations and will address ways in which Uber plans to improve the driver experience. Read More