Buzz It Up News
  • Team NZ needs one more win for America's Cup victory

    Team NZ needs one more win for America's Cup victory

    Sailing - America's Cup finals - Hamilton, Bermuda - June 24, 2017 - Oracle Team USA win over Emirates Team New Zealand in race six of America's Cup finals. But Burling responded in the best possible way, taking both today's races in convincing fashion. The Kiwis had a bad maneuver and Spithill sailed into the lead and on to victory.

    Continue Reading...
  • Woman tries to open emergency exit during flight to Houston, witnesses say

    Cleveland Independent School District Police identified the off-duty officer who detained the woman as Pamela Minchew, who had joined the police force only two weeks earlier. These videos, from Kristy Gillentine , show the passenger, a woman, being removed from the Flight 4519 plane, and the flight attendant updating passengers on the situation.

    Continue Reading...
  • Biggest US banks clear first hurdle in Fed's annual stress tests

    Biggest US banks clear first hurdle in Fed's annual stress tests

    America's big banks are a step closer to paying billions of dollars to shareholders after the Federal Reserve determined that their cash reserves were large enough to withstand a severe shock to the USA economy. Goldman Sachs Group's projected loan-loss rate of 8.1 per cent was surpassed only by commercial lenders or card issuers such as American Express, Capital One Financial Corp, and Discover Financial Services.

    Continue Reading...
  • Amazon buying Whole Foods in bold move into brick and mortar

    The acquisition is expected to complete during the second half of 2017, subject to approval by Whole Foods Market's shareholders, regulatory approvals, and other customary closing conditions. More than 57 percent of Target's regular customers use Amazon's Prime membership program, according to consultancy Magid Associates, compared with 42 percent of all consumers.

    Continue Reading...
  • Bill Cosby's jury wants to hear accuser's testimony again

    Bill Cosby's jury wants to hear accuser's testimony again

    Actress Keshia Knight Pulliam has refused to turn her back on Bill Cosby , the man who made her a household name and is, incidentally, now awaiting the verdict of his near career-damaging rape trial. Bill Cosby's spokesman has released a statement from a woman who says Andrea Constand told her of a plan to falsely accuse a "high-profile person" of sexual assault so she could sue and get money.

    Continue Reading...
  • Oil Prices Plunge After API Reports Surprise Build In Crude Inventories

    OPEC is working to ease supply strains with managed production declines, though strong us production and output from parties within the OPEC framework are creating obstacles to the goal of a balanced market. 'Gas prices nationally are lower than they were to start the year. For oil traders, hedging data serves as a leading indicator of future supplies.

    Continue Reading...
  • Trump Expected To Restrict Trade, Travel With Cuba

    For months, the travel industry has awaited an announcement from the Trump administration on whether it would reverse at least portions of the re-engagement between the former Cold War foes that the Obama administration initiated. American travelers to the island must fall into one of 12 categories of justification for their travel, ranging from religious to educational activities meant to bring the traveler into contact with Cuban people.

    Continue Reading...
  • GE's Jeff Immelt to step down as CEO and chairman

    Flannery, 55, will become chief executive of GE on August 1. The official changeover will come in 2018, when Immelt , 61, officially retires on December 31, 2017. In 2007, GE's finance arm accounted for about 55 percent of its profits, but its large exposure to commercial real estate left it vulnerable during the financial crisis.

    Continue Reading...
  • May OPEC output highest since January

    West Texas Intermediate futures were at $47.14 a barrel, down 52 cents. According to the Energy Information Administration (EIA), US crude production averaged around 9m bpd in the first quarter, up almost 200,000 bpd from the previous quarter, and it is expected to reach a record 10m bpd next year.

    Continue Reading...
  • Indian-American hotelier partners with Trump Hotels to launch

    Indian-American hotelier partners with Trump Hotels to launch

    The younger Trumps said they got the idea to launch the new hotel brand as they traveled the country with their father during the campaign. Chawla, CEO of Chawla Hotels, told PTI in a telephonic interview that under the tie-up, his company will develop the SCION and the three American Idea hotels in the MS area.

    Continue Reading...
  • Survation poll: May's lead cut to just one point over Labour

    Survation poll: May's lead cut to just one point over Labour

    It marks a significant turnaround after the Tories were 19 point ahead at the start of the campaign. "Different pollsters are envisaging a different set of people turning out". As so often, neither Mrs May nor Mr Corbyn emerged as the clear victor from the Question Time debates. Since then, though, there has been a squeeze on the Tory lead.

    Continue Reading...
  • Markets Right Now: Stocks edge higher in early trading

    Markets Right Now: Stocks edge higher in early trading

    The Nasdaq jumped 58.97 (+0.94 percent) to close at 6,305.80 while the S&P 500 finished at 2,439.07, up 9.01 (+0.37 percent) from its open. The Nasdaq composite outperformed, rising 0.2 percent to reach an all-time high. "The U.S. economy is showing other signs of strength as well and the market is still forecasting that the Fed will raise rates later this month". Among the day's biggest movers, Lululemon Athletica Inc.

    Continue Reading...
  • U.S. employers slowed hiring in May

    The U-6 has declined since January to 8.4 percent, an encouraging sign that jobless people who had given up hope of working are now being hired. "Some states are already at 3.5 or 3.8 percent [unemployment]". But the jobless rate has fallen 0.5 percentage points since the start of the year, and anecdotal reports in the Fed's own surveys increasingly suggest employers are having difficulty finding qualified workers, which raise concerns that wages will begin to rise, possibly stoking ...

    Continue Reading...
  • Paul Allen Shows Off World's Largest Airplane

    The Stratolaunch aircraft , which has the largest plane wingspan measuring 385 feet, is powered by six 747 aircraft engines and is created to launch rockets into space from the air. It's not to carry passengers, but rather rockets. Pegasus has carried out 42 space launch missions, successfully placing more than 80 satellites into orbit for scientific, commercial, defense and worldwide customers.

    Continue Reading...
  • Crude Oil Prices Edge Lower, Higher US Output Limits Support

    Crude Oil Prices Edge Lower, Higher US Output Limits Support

    Opec's success in drawing down inventories may hinge on output in the United States, which is not participating in the cuts. Trading volumes were comparatively low due to public holidays in the United States and the UK. Much of OPEC's success will depend on output in the United States C-OUT-T-EIA, which is not participating in the cuts and where production has soared 10 percent since mid-2016 to over 9.3 million bpd, close to top producer levels Russian Federation and Saudi Arabia.

    Continue Reading...
  • Wall St creeps higher; Fed minutes eyed

    Wall St creeps higher; Fed minutes eyed

    Since the onset of the Great Recession in 2008, the Federal Reserve deviated from rules for determining interest rates to pursue an "accommodative monetary policy", Fischer explained. The retail sector issued more results that disappointed. The gradual approach is expected to prevent any surprises in the markets , according to experts.

    Continue Reading...
  • 8 judges on Venezuela's Supreme Court hit with USA sanctions

    The de facto annulment of the congress drew widespread global condemnation, and the decision was later partially reversed . Those decisions have since been partially reversed. Venezuelan Ambassador Rafael Ramirez strongly rejected the US bringing his country's political dispute to the United Nations' most powerful body and accused Washington of again trying "to interfere in our domestic issues".

    Continue Reading...
  • USA government sues Fiat Chrysler for violating Clean Air Act

    USA government sues Fiat Chrysler for violating Clean Air Act

    The total cost to VW could rise into tens of billions after lawsuits by auto owners are settled. Indeed, the US Environmental Protection Agency issued, on Thursday, a "notice of violation" which accused the automaker of failing to disclose the use of some software that the EPA says could be quite similar to the "defeat devices" Volkswagen AG was found to be using, devices that could cheat emissions tsesting on several million diesel cars.

    Continue Reading...
  • Saudi-SoftBank tech fund nears $100 billion target

    Saudi-SoftBank tech fund nears $100 billion target

    The SoftBank Vision Fund has received participation from industry titans and the likes of Apple (NasdaqGS: AAPL - news), Qualcomm (Swiss: QCOM-USD.SW - news), and Taiwan (Taiwan OTC: 6549.TWO - news) 's Foxconn and collected pledges totalling more than $93 billion so far, the fund said in a statement Saturday (Shenzhen: 002291.SZ - news).

    Continue Reading...
  • Analysts' Ratings Review: Spirit Realty Capital Inc (NYSE:SRC)

    The company has a market capitalization of $3.58 billion, a P/E ratio of 41.139 and a beta of 0.52. The stock has been active on the tape, now trading at $7.27, up from yesterday's close by 1.11%. At current levels, shares have been seen trading 3.35% away from the 20-day moving average. Ladenburg Thalmann Financial Services reaffirmed a "buy" rating on shares of Spirit Realty Capital in a research report on Tuesday, March 21st.

    Continue Reading...
  • Mortgage Rates Friday, May 19: Still Near 6-Month Lows

    Mortgage Rates Friday, May 19: Still Near 6-Month Lows

    It was 3.29 percent a week ago and 2.81 percent a year ago. 5/1 Adjustable Rate Mortgages at start at 3.125% with a starting April of 3.677% which will change as interest rates adjust. US stocks plunged on Wednesday to the lowest level in a year as the controversy swirled over President Donald Trump's firing of former FBI Director James Comey, and the possible divulgence of classified information to the Russians.

    Continue Reading...
  • Aamir Khan shares his favorite memory of Sachin Tendulkar

    Aamir Khan shares his favorite memory of Sachin Tendulkar

    The movie releases on May 26, 2017. Sachin's meeting with PM Modi comes just a week ahead of the release of his much-awaited film. The trailer also shows Sachin's wife Anjali Tendulkar speaking about everything in his life came second after cricket and how he could not sleep when the team did not perform well.

    Continue Reading...