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Finance

Last year Southwest bumped 15,000 passengers off flights, more than any other US airline. The passenger's lawyer said his client lost two front teeth in the scuffle, incurred a concussion and a broken nose. In a confrontation captured on video, a bloodied Dao was forcibly removed from the flight. The dragging was a major public-relations crisis for United.
  • Klayman: Obama's $400K Wall Street Payday Par for the Course

    Klayman: Obama's $400K Wall Street Payday Par for the Course

    Finance

    Barack Obama is in an excellent position to disprove that "mainstream politics is just a moneymaking hustle", but he's off to a frightful start, accepting $400,000 from bond firm Cantor Fitzgerald to speak at a health care conference. "Should we expect it?" " He went on the attack against Wall Street and now he's being fed by those same people he called 'fat cats.' It's more hypocritical than ironic", Sheinkopf told Fox.
  • The FCC is about to unveil its net neutrality roll-back plan

    The FCC is about to unveil its net neutrality roll-back plan

    Finance

    From dismantling online privacy protections to enabling broadband and cable monopolies to continue overcharging consumers about $50 a month , every action Chairman Pai has taken has been in the name of industry consolidation, giving these monopolies new opportunities to raise prices and discriminate against competitors.
  • Pagegroup PLC (MPI) Upgraded to Buy at Kepler Capital Markets

    Finance

    The stock's market cap is GBX 902.06 million. The Company operates in four segments: Scientific, Technical & Medical; Risk & Business Analytics; Legal, and Exhibitions. Analysts await Ardmore Shipping Corp (NYSE:ASC) to report earnings on May, 3. Over the last 52 weeks Barclays PLC's stock price has increased by 25.03% from 165.24 to 206.6.
  • Trump says he will release tax reform package next week

    Finance

    Get ready for Hell Week. He told the Associated Press he'd be unveiling a tax plan with a "massive" tax cut-"bigger I believe than any tax cut ever"-for businesses and individuals alike". Deep cuts in taxes without cuts to entitlements will add trillions in new debt to our outstanding debt of $20 trillion. Among those efforts were regulations to prevent moves like "earnings-stripping", in which a USA subsidiary borrows from a parent company and uses the interest payments on the loans to ...
  • Sentence next for Volkswagen in US diesel emissions scandal

    Sentence next for Volkswagen in US diesel emissions scandal

    Finance

    Volkswagen admitted to conspiring for almost a decade to deceive USA officials with illegal software that allowed vehicles to pass government emissions tests and then pollute far beyond legal limits on the road. In brief remarks to the judge, VW defense attorney Jason Weinstein says the criminal fine is an "appropriate and serious sanction". "Plain and simple, it was wrong".
  • Ontario to place 15-per-cent tax on foreign buyers

    Ontario to place 15-per-cent tax on foreign buyers

    Finance

    The area, which stretches from the Niagara Region to Peterborough, Ont., is home to about 9 million people and is one of North America's fastest growing regions. We have committed to meet quarterly to collectively discuss how we can address the challenges of housing affordability, managing expectations, and the impact of market speculation in the GGH.
  • Subscriber loss at 307000, Verizon not averse to suitors

    Finance

    Weeks after the launch of Verizon's unlimited data plan, the telephone and television service provider stopped losing customers and actually gained a total of 109,000 subscribers. But Verizon doubled down in 2014 with its $130 billion purchase of Vodafone Group PLC's 45% stake in their Verizon Wireless joint venture. "They badly missed on every important subscriber metric, and it just underscores that the wireless business is a severely growth-challenged business at the moment", said ...
  • United CEO says no one will be fired for dragging incident

    Finance

    The statement from a United spokeswoman said the airline offered the couple a discounted hotel rate for the night, and rebooked them on a Sunday morning flight. He was asked if the company ever considered firing anyone, including management. He said the airline will have more to say later this month, after it finishes a review of its policies on overbooked flights.
  • Protesters march before EPA chief Indiana visit

    Finance

    The visit comes amid reports that two regional offices, including the Region 5 office in Chicago , would be axed by President Donald Trump's administration - and office employees held a news conference to say they've already been cut to the bone.
  • Canada commemorates the centenary of the Vimy WWI battle

    Finance

    Flags at the Calgary Soldiers Memorial flew at half mast as a crowd of hundreds stood silent, paying tribute to the soldiers who fought and died on the plains of France one hundred years ago at Vimy Ridge. And despite suffering frightful casualties during the four-day battle, with 3,598 dead and more than 7,000 wounded, they would succeed where the British and French had failed by capturing the ridge.