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Economy

The first 26 floors of the glass-clad skyscraper are commercial tenants while the remaining levels are luxury apartments. A spokesperson for the President-elect confirmed last week his youngest offspring and Melania Trump would take the unusual step of staying in the Trump's gilded NY residence instead of moving to the White House to allow Barron to finish out the school year.
  • Trump meeting The New York Times after all

    Trump meeting The New York Times after all

    Economy

    Trump had sought to eliminate the longer on-the-record meeting; according to Murphy, the Times refused, and then Trump's camp seemingly agreed to revert to the original understanding. Trump did not refer to a specific news story. They tried to yesterday - asking for only a private meeting and no on-the-record segment, which we refused to agree to.
  • No Thanks: Goldman Sachs Drops Out of R3 CEV Blockchain Group

    No Thanks: Goldman Sachs Drops Out of R3 CEV Blockchain Group

    Economy

    Both Santander and Goldman are investors in Digital Asset Holdings , a rival blockchain startup headed by headed by Blythe Masters, a former J.P. Morgan top exec. That opening bid was renegotiated to a $150 million raise from its member banks-with potential support from outside investors-that would give 60% ownership to the investors and 40% to R3.
  • How the Dow Jones industrial average fared on Friday

    Economy

    The energy index .SPNY gained 2.1 percent to a 16-month high, dominating the gainers among the 11 major S&P sectors, as USA oil prices jumped 3.9 percent. Headwaters (HW.N) rose 15.9 percent to $23.29 after Australia's Boral Ltd (BLD.AX) said it would buy the USA construction and building products maker for $1.8 billion.
  • Read President Obama and Donald Trump's Remarks on Their White House Meeting

    Economy

    Mr Obama described their meeting as "excellent", while Mr Trump said he looked forward to hearing the outgoing president's "counsel". Mr Trump said he looked forward to more meetings with the president before his inauguration in January and that they talked about "a lot of different situations, some wonderful and some difficulties".
  • Task force constituted to speed up cash distribution

    Economy

    Banks are reportedly said to be ready to welcome visitors with new 500 rupee notes on Tuesday. Briefing the media on Monday after a high-level meeting chaired by Prime Minister Narendra Modi the previous evening, Economic Affairs Secretary Shaktikanta Das said recaliberation of ATMs to disburse higher denomination notes had also started and will be enhanced in the next few days.
  • Vast field of recoverable oil, natural gas found in Texas

    Economy

    The estimate of continuous oil in the Midland Basin Wolfcamp shale assessment is almost three times larger than that of the 2013 USGS Bakken-Three Forks resource assessment, making this the largest estimated continuous oil accumulation that USGS has assessed in the United States to date.
  • Naidu wishes PV Sindhu for clinching the China Open Super Series

    Naidu wishes PV Sindhu for clinching the China Open Super Series

    Economy

    The unfortunate exit of India's Saina Nehwal in the first round of the China Open had put enormous pressure on PV Sindhu, and the Rio Olympic silver medallist showed her class, reaching the finals of the competition . There were such long rallies. However the seventh seed upped the ante in the deciding game, and breezed past her Chinese counterpart to claim the title.
  • Volkswagen to slash 30000 jobs by 2020

    Economy

    Under the pact, Volkswagen plans to improve the productivity of the German plants by about 25 percent and increase the operating margin to 4 percent by 2020 from an expected 2 percent this year. The cuts came with a management pledge to create 9,000 new jobs in the area of battery production and mobility services at factories in Germany as part of efforts to shift towards electric and self-driving cars.
  • Chaos, long queues continue at banks; most ATMs run out of cash

    Economy

    By midday, the lines snaked back and forth across the parking lot outside the Axis Bank branch in central New Delhi . In light of the ATM utilization of more than 1.8 million subscribers of the application, Walnut focuses towards a functional ATM as well as gives data about the length of queues at the ATM and the time it was last active.
  • ICICI, HDFC Bank cut FD rates by 0.25%

    ICICI, HDFC Bank cut FD rates by 0.25%

    Economy

    During the same period, credit growth at commercial banks was 9.1 per cent, compared with 8.8 per cent a year earlier, the RBI data showed. Marginal Cost of Funds based Lending Rate, or MCLR, is the methodology introduced by RBI previous year that banks use to set rates.
  • Twitter suspends several alt-right accounts

    Twitter suspends several alt-right accounts

    Economy

    Earlier this year, Twitter permanently banned conservative Breitbart writer and prominent alt-right member Milo Yiannopoulos amid a campaign targeted at Ghostbusters and Saturday Night Live star Leslie Jones, who temporarily left Twitter under a barrage of abusive messages.
  • Cook, Francois Lead No. 20 Florida State Past Boston College

    Cook, Francois Lead No. 20 Florida State Past Boston College

    Economy

    Fisher, knowing Boston College's knack for loading the box to stop the run, used Francois on a number of designed runs and deep passes to open things up for his star running back. "It just gives you more confidence, lets you know we can be that defense that shuts them out no matter out", junior linebacker Ro'Derrick Hoskins said.
  • Iowa lawmaker to colleges: 'Suck it up, buttercup'

    Iowa lawmaker to colleges: 'Suck it up, buttercup'

    Economy

    A spokesmen for Iowa public universities told the Des Moines Register that no additional state resources went to extra support for students traumatized by Trump's election victory. "It's where people learn". The kind of creative counseling that concerns him extends well beyond Iowa campuses. "I don't consider it coddling". Ketelsen said there was no money spent on them.
  • This is my rebirth: Jaya tells people

    This is my rebirth: Jaya tells people

    Economy

    The 68-year-old Jayalalithaa was admitted to the hospital for fever and dehydration on September 22. AIADMK chief and Tamil Nadu Chief Minister J. Jayalalithaa has now recovered. Last month, Governor Rao had handed over the charge of the eight ministries the Chief Minister supervised to Finance Minister O Panneerselvam and authorised him to chair cabinet meetings.
  • ATMs will dispense Rs 50 notes: Reserve Bank of India

    ATMs will dispense Rs 50 notes: Reserve Bank of India

    Economy

    A large number of people who thronged different ATM centers in the town were disappointed a lot as most of the ATMs remained closed here putting the people to hardships. "I am keeping the people out since most of staff has gone for lunch", a guard at SBI office told IANS. But he said it would take two or three weeks for new 500 and 2,000 rupee notes to be put into circulation.
  • Banks get $30 billion deposit boost after ban on higher currency notes

    Economy

    Lenders have been caught out by Prime Minister Narendra Modi's unexpected and widely-praised announcement of the withdrawal of 500-rupee and 1,000-rupee notes, part of a crackdown on tax evasion and the underground economy. But in Dudko, about 75 kms (45 miles) from Delhi, villagers said they were struggling to pay for food and fuel, four days into the cash crunch. Currency management of Rs 100 notes and logistics limitation due to a sudden spurt in demand are creating some problems in meeting ...
  • 3 keys to victory for United States against Mexico

    Economy

    Mexico then found the long-awaited breakthrough in Columbus 10 minutes later, as Miguel Layun stripped the ball from Michael Bradley and hit a sharp, low shot to beat Howard and make it 1-0 for the visitors. The U.S. now prepare to take on their second opponent of the Hex as they face Costa Rica this week. Klinsmann played down the tactical issues when speaking to reporters, saying the team had trained to play that way and that losing out on individual midfield battles was the root of ...
  • Chief confirms shots fired at New York mall; no injuries reported

    Chief confirms shots fired at New York mall; no injuries reported

    Economy

    Other local media have reported that customers and store workers who were unable to immediately escape hid in bathrooms and changing rooms. Chief Carol Lawlar says the mall still. Lawlor also states that authorities are still trying to determine just how many shots were fired and whether the incident was a confrontation between members of rival gangs.
  • PSX slumps as Trump wins in crucial USA states

    PSX slumps as Trump wins in crucial USA states

    Economy

    The dollar had fallen 2 percent in the aftermath of Trump's shock win over heavily favored Democrat Hillary Clinton, kindling fears of economic and political turmoil and calling into question the rise in USA interest rates that had been expected in December.
  • RBI to launch new Rs 500/Rs 2000 notes from November 10

    RBI to launch new Rs 500/Rs 2000 notes from November 10

    Economy

    Rs 1,000 and Rs 10,000 bank notes were in circulation prior to January 1946. Das also informed Rs 500 notes circulation is up 76 per cent from 2011 to 2016 and Rs 1000 notes by 109 per cent as against 40 per cent rise in all currency notes.