Economia

Economia Sears To File For Federal Bankruptcy Today
Author: 0 Sears To File For Federal Bankruptcy Today

Sears was down as much as 25% ahead of the opening bell. That's in addition to the 46 store closings already planned for next month. Eddie Lampert resigned as CEO but will remain as chairman, Sears said. Sales declined. Losses piled up in the billions of dollars. S&P Global Ratings on Monday downgraded the company's debt to 'D, ' calling the company's capital structure "unsustainable".

Economia Why Saudi Arabia is valuable to Trump
Author: 0 Why Saudi Arabia is valuable to Trump

In a joint statement, the nations called for a "complete and detailed response" from Saudi Arabia. While the kingdom has denied any involvement in Khashoggi, U.S. " If US sanctions are imposed on Saudi Arabia, we will be facing an economic disaster that would rock the entire world ", Turki Aldakhil, the general manager of Saudi Arabia-based Al Arabiya television wrote in an op-ed.

Economia Sears may be days away from bankruptcy
Author: 0 Sears may be days away from bankruptcy

Sears Holdings, the parent company of Sears and Kmart, faces an October 15 deadline to pay $134 million on its debt. He told the New York Times , "there is something really wrong with this picture" in relation to the arrangement between Sears and Seritage.

Economia Erdoğan, Saudi King discuss Khashoggi case over phone
Author: 0 Erdoğan, Saudi King discuss Khashoggi case over phone

Brennan who has worked in Saudi Arabia said there have been past princes under King Salman who had been held accountable for transgressions of the law, if not executions, but he questioned if the aging King Salman still has the political power, or mental capacity, to hold MBS accountable after a Saudi investigation.

Economia Rocked By Trump's Sanctions, Iranian Oil Exports Drops Further
Author: 0 Rocked By Trump's Sanctions, Iranian Oil Exports Drops Further

In its latest Short-Term-Energy-Outlook (STEO), EIA also estimated that US crude oil production averaged 11.1 million barrels per day in September, up slightly from August levels. Refinery utilization rates fell by 1.6 percentage points. Citing unnamed top industry sources, Indian news agency Press Trust of India (PTI), on October 05, 2018 has reported that state-owned refiners, Indian Oil Corp (IOC) and Mangalore Refinery and Petrochemicals Ltd (MRPL) have contracted 1.25 million tonnes ...

Economia No victor in Mega Millions Friday
Author: 0 No victor in Mega Millions Friday

The next drawing is Tuesday night with the jackpot expected to be around $654 million. The jackpot is the third-largest in the game's history and the odds of winning are 302,000,000 to one. It is also one of the top ten largest jackpots in US history. Tickets are sold at retail outlets or online , and cut-off 59 minutes before the drawing.

Economia Musk denies report James Murdoch poised to be Tesla chairperson
Author: 0 Musk denies report James Murdoch poised to be Tesla chairperson

Media reports have also thrown names like former Vice President Al Gore and Jim McNerney of Boeing as potential candidates to lead Tesla. The news comes after Musk agreed that he would relinquish his position as chairman but continue on as CEO after reaching a $20m settlement with the Securities and Exchange Commission (SEC), a U.S.

Economia May to hold Brexit War Cabinet to agree backstop plan
Author: 0 May to hold Brexit War Cabinet to agree backstop plan

Cabinet Office Minister David Lidington is also due to hold Brexit meetings with figures from the UK's devolved administrations on Thursday. "I'm sure they too will be persuaded the alternatives - of no deal or potentially a Corbyn government - would not be of benefit to them or Northern Ireland ", he said.

Economia US Senators pile pressure on Trump over Khashoggi disappearance
Author: 0 US Senators pile pressure on Trump over Khashoggi disappearance

It would be a violation of global law to harm, arrest or detain people at a diplomatic mission, he said, and noted that no such thing had ever happened in Turkey's history. She said he did not think the Saudis could force him to stay at the consulate, adding: 'He did not believe that something bad could happen on Turkish soil.

Economia Dow plummets 800 points, biggest drop in 8 months
Author: 0 Dow plummets 800 points, biggest drop in 8 months

A bear market by many definitions requires a drop of at least 20% in the S&P 500 from a bull-market peak; likewise, a bear market starts counting at a 20% rise out of a deep trough. Only 17 stocks in the S&P 500 wound up with a gain. Earlier on Wednesday, Sears Holdings plunged on reports that the struggling retailer is preparing to file for bankruptcy.

Economia IMF, Pakistan to meet as Islamabad seeks bailout
Author: 0 IMF, Pakistan to meet as Islamabad seeks bailout

The IMF and World Bank meetings, attended by more than 19,000 delegates, showed no sign of disruption from an offshore quake early Thursday morning between Bali and Java island that killed three people. "My recommendation is very simple: De-escalate, fix the system and don't break it because all countries have had the benefit of that legal framework for many years and it has served the global trade rather well", Ms Lagarde said at press conference during the IMF-World Bank meetings in ...

Economia Global stocks tumble after President Trump’s ‘crazy’ comment about the Federal Reserve
Author: 0 Global stocks tumble after President Trump’s ‘crazy’ comment about the Federal Reserve

Trump told reporters while traveling to Erie, Pennsylvania, for a campaign rally. "It's a correction we have been waiting for a long time", Trump said. "Also, very importantly I think, the numbers we're producing are record-setting", Trump added. Economists generally agree that in order to prevent runaway inflation, the Federal Reserve can raise interest rates to restrain the money supply.

Economia Jamal Khashoggi: Trump condemns Saudi writer's disappearance
Author: 0 Jamal Khashoggi: Trump condemns Saudi writer's disappearance

United States intelligence services intercepted communications of Saudi officials discussing a plan to capture Saudi journalist and government critic Jamal Khashoggi, who disappeared in Turkey last week. Khashoggi had sought to become a US citizen after living in self-imposed exile since past year, fearing repercussions for his criticism of the prince , Cengiz wrote.

Author: 0 Trump briefed on stock market sell-off

Andrew Bascand, managing director of Harbour Asset Management, said the last time the New Zealand market dropped by this much in a day was probably in February when there was a similar period of rising bond yields. Apple (AAPL ), Boeing (BA), Caterpillar (CAT ) and Nike (NKE ) - Dow stocks that all have a significant presence in China - were among the bigger blue chip losers on Wednesday.

Economia Corker says evidence points to Saudi involvement
Author: 0 Corker says evidence points to Saudi involvement

It's a very serious situation for us and for this White House ... It would be a violation of worldwide law to harm, arrest or detain people at a diplomatic mission, he said, and noted that no such thing had ever happened in Turkey's history.

Economia China orders more lending to entrepreneurs amid trade spat
Author: 0 China orders more lending to entrepreneurs amid trade spat

Brazil's real currency hit a two-month high and stocks jumped after market-preferred presidential candidate Jair Bolsonaro's strong first-round win on Sunday boosted investor confidence. The central bank said Sunday it had released 750 billion yuan ($109 billion) for additional lending by reducing bank reserve requirements by 1 per cent.

Economia International Monetary Fund upgrades outlook on Russian Federation as economy recovers
Author: 0 International Monetary Fund upgrades outlook on Russian Federation as economy recovers

Thor Equities CEO Joe Sitt on the increasing US trade tensions with China. The cut its 2019 USA growth forecast to 2.5 percent from 2.7 percent previously, while it reduced China's 2019 growth forecast to 6.2 percent from 6.4 percent. Among major USA trading partners, Japan and the European Union have won exemptions from the planned US auto tariffs while respective trade negotiations with Washington are underway.

Economia Officials warn about viral Facebook message hoax
Author: 0 Officials warn about viral Facebook message hoax

Tech Expert Burton Kelso said the message regarding the possibly cloned account is a hoax, and you can stop forwarding this latest warning to your friends about being hacked. The message says, "Hi...." The post circulating around is another one of those chain letter hoaxes, according to authorities. If you've been on your Facebook news feed lately, you probably have noticed some rather odd posts.

Economia Evolving storm Michael expected to slam Florida as hurricane
Author: 0 Evolving storm Michael expected to slam Florida as hurricane

Though Michael's impact on Northeast Florida could be hard to predict, emergency operation centers in the area are preparing for the storm. A man pulls a boat as Tropical Storm Michael approaches in Cancun, Mexico , October 7, 2018. In 2016, Hurricane Hermine, which also targeted the Panhandle, submerged Cedar Key under a 9-foot storm surge . The National Hurricane Center is issuing advisories for Hurricane Sergio and Tropical Storm Leslie .

Economia India to Continue Iranian Oil Imports after US Sanctions
Author: 0 India to Continue Iranian Oil Imports after US Sanctions

Indian Oil and Mangalore Refinery did not immediately respond to a request for comment. As Iran's customers are cutting purchases and Venezuela's industry continues to struggle, trading giant Mercuria Energy Group Ltd. With the European Union considering the creation of a "special goal vehicle" before November to facilitate trade with Iran, India hopes to find a way to settle payments to Tehran.

Author: 0 Healthcare job growth continues; hospitals add 12K positions in September

The Labor Department said non-farm payroll employment climbed by 134,000 jobs in September, while economists had expected an increase of about 185,000 jobs. The modest job gains came after private payrolls firm ADP said hiring surged 230,000 in the month, but the two reports often diverge since they calculate employment differently.

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