Business


Buffett regrets United Airlines incident

During the interview, Buffett spoke on how he sees progress in India and that he is not anxious about the world's economic environment, adding the U.S. Buffett has preferred, instead, to put his money to work in industries he can understand well, and in "forever" companies with great brands and competitive advantages (moats) which can protect them over long periods of time from the downward pressures competition and inflation provides to investors.



Investors Traded Stock: Cloud Peak Energy Inc.'s (CLD)

The company now has a consensus rating of Hold and a consensus target price of $5.91. A month ago, they told us to expect earnings of US$0 per share while three months ago their EPS consensus estimate was US$0.01. (NYSE:CLD) ended its day at $3.55 with the rising stream of 3.50% and its total traded volume was 1.5 million shares less than the average volume. 682,425 shares of the company traded hands.



Trump Taking First Step in Reshaping Federal Judiciary

Two of the judges, Michigan Supreme Court Justice Joan Larsen and Minnesota Supreme Court Justice David Stras , were on a shortlist of 21 potential U.S. Conservatives praised the appointments after The New York Times first reported them on Monday. "Judges are supposed to interpret the laws; they are not supposed to make them".



Dollar inches up as Fed eyed for June rate steer

Central bankers provided little direction on when they might next change the policy rate, giving themselves flexibility to raise or hold at their June meeting. Many analysts expect the next increase will come at the Fed meeting in mid-June, but the statement provided no confirmation of that. Economists polled by Reuters expect US employers to have added 185,000 jobs inApril, up from 98,000 in March.



Canada rejects United States duties on lumber as 'baseless'

The meeting prepares the way for a summit of leaders in Taormina, Italy, on May 26-27. Whilst the final communique included some wording referring to fighting inequality and financial inclusiveness of the global economy as a desirable target, Mnuchin's view of a better model of worldwide trade as rather "fair" instead of "free" prevented a G7 consensus on the matter.



With Macron on board, Paris 2024 bid is 'ready right now'

Their bid book stipulates that Wasserman would be executive chairperson of the Los Angeles 2024 Organising Committee while Gene Sykes would remain chief executive. "There is a strong Olympic spirit in both cities". "We've really tried to put the emphasis on taking the stress out of the athletes" lives", Garcetti said.