Business
Obama salutes National Basketball Association champs at White House
There is no question, though, that somewhere not so deep inside his soul, the president would have preferred to be hosting his beloved Chicago Bulls, whose NBA-record 72 wins is within the Warriors' sights. "Maybe you'll break that Bulls record." 'Steph's a pretty good shooter , ' Obama said - an understatement that drew laughs from the crowd of reporters.
Chinese stocks tumble over capital outflow concerns
The Shanghai composite index dived 6.4% to 2749.79 which is the lowest close since Dec.1, 2014. Thomas Schroeder, the managing director of Chart Partners Group Ltd, who predicted in October that a rebound in Chinese stocks would not last, said that the benchmark index will drop to 2,400.
Search for possible survivors of midair crash suspended
Friday afternoon. Two small planes collided mid-air and crashed into the ocean off San Pedro on Friday, officials said. His comments came hours after the U.S. Searchers found wreckage, including a pilot's logbook. The region is popular for flight pupils. Another airplane - a Super Decathlon - had been flown with a 72-year old girl.
County water district to hand out bottled water in Flint
One example of their alleged knowledge of the water's toxicity was that officials received bottled water when they told Flint residents that the brown, murky water was safe to consume. He said, "Legitimate concerns raised by EPA's own expert staff were not elevated or provided to either the city or the state for review and action until the state's response was well under way".
That Iowa couple Christie talks about? They voted for Rubio
Saturday night's Republican Presidential Debate in New Hampshire got off to a great start even before it started. While many illegal immigrants want to further know the Republican presidential hopefuls' views on immigration reform policy they are eager to pursue, others want to know more about tax regime they advocate.
3 people believed aboard 2 planes that collided off LA
Debris that included the full tail number for one plane and partial number of the other was found, Los Angeles County lifeguard Capt. Ken Haskett said. Williams said another plane was supposed to arrive at a Torrance, Calif., airport on Friday but never showed up, CNN reported. "You do have to consider that a plane crashed and it's very hard to survive that in any conditions, let alone two miles out in deep water", he said.
Royal Caribbean guidance falls short of estimates
They now have a $86.00 price target on the stock, down previously from $106.00. The shareholders are awaiting Royal Caribbean Cruises Ltd. (NYSE:RCL)'s financial report, which can be released on or around 2016-04-18. Shares in Carnival continues to take on water on Wednesday after sinking nearly 8% the day before due to investors reading across from the disappointing results of rival Royal Caribbean Cruises and fears around the Zika virus.
Honda cars in Britain recalled after defective airbags discovered
More than 30 million vehicles spanning 12 automakers have been recalled because of faulty airbags supplied by Takata, a company that supplies airbag inflators to auto manufacturers such as Ford, Honda , and Acura. - April 2015: American Honda, a unit of Honda Motor Co 7267.T , asked Continental do analyze an air bag control module in a 2008 Honda Accord involved in an October 26, 2013 accident involved in a lawsuit.
Arun Jaitley asks states to step up infra, social sector spending
He also said that the Centre will give more incentives to the agricultural sector for boosting production. "We expect that those states whose resources have been increased after the implementation of the 14th Finance Commission will spend further on infrastructure creation and anti-poverty programmes since their incomes have increased considerably", Jaitley told reporters here.
Cong targets Modi over irregularities in land allocation in Gujarat
Quoting information available in the public domain, he claimed that in 2010, the Gujarat government allotted 250 acres of land next to Gir lion sanctuary to Wildwoods Resorts and Realties Pvt Ltd for setting up a resort which was allotted at a price of Rs 15 per square metre or Rs 60,000 per acre.
Pregnant Spanish woman diagnosed with Zika virus in Europe's first case
The potential risk of transmission through bodily fluids was highlighted in the U.S. where the Centers for Disease Control believe a case was spread through sex. Pregnant women who are not experiencing symptoms consistent with Zika virus can be tested when they begin prenatal care. It's that county's first known case of Zika.
President Obama calls for Americans to fight Islamphobia
The President referring to GOP Candidate Donald Trump's call to temporarily ban Muslims from entering the country. During the visit , the President took the opportunity to roundly condemn "inexcusable political rhetoric against Muslim Americans that has no place in our country".
LinkedIn shares plunge a day after earnings report
By trading at such a high valuation, any sign that LinkedIn wasn't performing as well as investors believed meant that the air was going to get let out of the balloon. In the world of casual social media platforms, LinkedIn has made a name for itself by targeting the professional community. We are also seeing members significantly increase the amount of content they interact with in the Feed, thanks to improved algorithms and easier tools to follow publishers.
Super Bowl 50: Storylines
Overall, Madden has predicted the final Super Bowl victor 9 out of 12 times. Although Peyton has acknowledged to close friends that he expects Sunday's game to be his last, Eli Manning warned NFL Media's Andrew Siciliano on Friday not to expect a decision in front of an global television audience.
Did Hillary Clinton Really Win Iowa? New Errors Detected in Caucus Results
Democratic presidential candidate Hillary Clinton speaks to supporters as Former U.S. president Bill Clinton and daughter Chelsea Clinton look on during her caucus night event in the Olmsted Center at Drake University on February 1, 2016 in Des Moines, Iowa.
Global stocks unsettled after US Fed holds rates
The Federal Reserve said Wednesday that it will maintain the target range for the federal funds rate at 0.25 percent to 0.5 percent, pledging to keep the accommodative monetary policy to support economic growth. Federal Reserve Chair Janet Yellen and her colleagues have opened the door to a change in their outlook for the economy this year, and possibly a slower pace of interest-rate hikes that would make a move in March less likely.
President Barack Obama takes victory lap on economy
President Barack Obama has proposed increasing the USA investment in clean transportation technology by 50% funded by a $10 tax on every barrel of oil. Obama said "softness" in China, Europe and other economies presented challenges to USA exporters and he said it was important for the United States to "keep our foot to the accelerator" to further strengthen the economy.
U.S. crude inventories haven't been this high in 86 years — CHART
When inventories are high and rising, costs to store crude oil and petroleum products generally increase. The latest data from the EIA puts crude oil storage capacity at Cushing at just over 73 million barrels. Energy Information Administration said. By comparison, it's relatively easy to pile up unwanted metals in an open space like a warehouse. To put these storage issues into context, Goldman estimates $1 billion of gold would fit into a bedroom closet.
Satellite images show fuel trucks at North Korea launch site
Pyongyang now plans to conduct the launch - which has drawn condemnation from neighbours South Korea and Japan - between February 7 and 14, Kyodo news agency reported. North Korea is ready to launch what it has called an earth observation satellite as early as tomorrow. It is not yet clear if a rocket is on the launch pad yet, according to the North Korea-focused 38 North website.
Texas authorities move 'affluenza' teen to adult jail
Tarrant County Sheriff Dee Anderson said the decision to move the affluenza teen to adult jail was not made in formal hearing , but in a meeting with the judge and Couch's attorneys. But after video surfaced which showed Couch at a party where it appeared alcohol was served, he allegedly fled south across the border with his mother Tonya to avoid being jailed.
Shale drilling slump set to lift oil prices 50%
US oil production is near all-time highs despite the epic crash in oil prices from $107 a barrel in June 2014 to just $30 a barrel now. Until the USA pressures Saudi Arabia to stop urging the maintenance of normal production levels, Iraq's increased oil productivity will fail to generate economic benefits, instead actually exacerbating Iraqi financial woes.
USA crude inventories haven't been this high in 86 years — CHART
The U.S. now has almost 503 million barrels of commercial crude oil stockpiled, the Energy Information Administration said on Wednesday. The low prices have wreaked havoc on many oil companies, which are coping by slashing expenditure to protect cash flows.
US Adds Just 151k Jobs In Jan.; 4.9 Pct. Jobless Rate
The U.S. economy added 151,000 jobs in January - short of economists' forecasts of about 190,000 - and the unemployment rate inched down to 4.9 percent, according to the Bureau of Labor Statistics . Sectors with the largest increases in employment were retail (58,000 jobs added), healthcare (37,000 jobs added) and manufacturing (29,000 hires). Against the backdrop of tightening financial market conditions, a deceleration in employment growth would further undercut the case for a Fed ...
Oil prices steady, weak fundamentals weigh after volatile week
USA crude inventories USOILC=ECI climbed 7.8 million barrels in the week to January 29 to 502.7 million barrels. U.S. Labor Department report (http://www.marketwatch.com/story/us-jobs-growth-slows-to-151000-as-jobless-rate-hits-eight-year-low-2016-02-05) showed that the domestic pace of hiring tapered off in January, but wages rose sharply and the unemployment rate dipped below 5% for the first time since 2008.
Boss - Vardy back to his best
The Chilean said: "We can win this game or lose this game and it will not finish the Premier League here". It is not easy. "He continued to score but slowly he slowed down". Mignolet was left with no chance by Vardy who has spearheaded Leicester's title charge. My family will want me to do well but I messaged my dad after the Liverpool game.
Obama health care law posts respectable sign-up season
It reflects sign-ups in the three dozen states that use HealthCare.gov and the others that use their own versions to allow shoppers to compare plans, apply for coverage and potentially get subsidies to offset the cost of premiums. The Affordable Care Act requires health insurers to cover people who have pre-existing health conditions. Not everyone who signed up for coverage will pay their premiums and some people will drop coverage during the year.
Scandal-hit VW postpones earnings release, annual meeting
Volkswagen said it expected operating earnings to be on par with the prior year. New Jersey's suit claims the company, which also makes Audi and Porsche vehicles, outfitted at least 17,420 cars sold in New Jersey with a "defeat device", that turned off pollution controls except when the cars were undergoing emissions testing.
Barack Obama To Muslim-Americans: "Thank You"
You're not Muslim or American. "And of course recently we've heard inexcusable political rhetoric against Muslim Americans that has no place in our country". "If you're ever wondering if you fit in here, let me say it as clearly as I can as the president of the United States: You fit in here; right here".
Sanders, Clinton on what 'progressive' means
The candidates clashed over charges of not standing up to Wall Street . (CNN)Hillary Clinton and Bernie Sanders kicked off their first one-on-one Democratic primary debate with a prolonged exchange over the definition of what makes a progressive "progressive".
Honda will recall around 341000 Accord sedans in U.S. over restraint system
On Wednesday, Honda issued a recall for 2.23 million vehicles with potentially faulty Takata air bags. The latest Honda recall consists of the 2005-2012 Acura RL, the 2007-2011 Honda CR-V and 2007-2016 Acura RDX. Automaker Honda has issued another recall of its vehicles this week to replace defective airbags installed in the cars. Honda also says that there must be some prioritising over which vehicles get the new parts first.
ArcelorMittal suffers US$7.9bn loss
The Mittal family, the steel group's controlling shareholder, will subscribe to its entitlement of the share issue, or about $US1.1 billion. The company said it would trim capital spending by $300 million to about $2.4 billion this year and reduce interest payments by $200 million.
Demand at easyFoodstore forces shop closure
The no-frills grocery store opened by easyJet founder Sir Stelio Haji-Ioannou has been forced to close for the day while it restocks after selling out. It sells a range of grocery items including pasta, biscuits and beans, but the list of initial products does not include fresh meat, fruit or vegetables.
China says U.S. seeks 'hegemony' after South China Sea sailing
The Pentagon said in a statement that the USA warship USS Wilbur sailed deliberately within 12 nautical miles of Triton Island in the Paracel Islands on Saturday to counter the claimant-countries " excessive maritime claims " in the South China Sea.
World health body alarmed over spread of Zika through sex
The state of Florida has declared a health emergency in four counties where Zika virus is present, CBS Miami reports . The person was not pregnant. Zika has been linked to a birth defect known as microcephaly - in which babies are born with abnormally small heads and underdeveloped brains - and is spreading rapidly in the Americas.
Obama says jobs report shows strength of American economy
President Barack Obama on Friday used a new jobs report to continue his victory lap on the economy - and jab at the Republicans vying for his job. "We should be proud of the progress we've made", Mr. "If it's working, then we should be staying on that same path", he said, adding that he doesn't reach for a "big double-bacon cheeseburger" after a good workout at the gym.