Business


What new trade chief said about Donald Trump

Mr. Trump has yet to fill his most important trade post, the U.S. Trade Representative, or USTR - the counterpart to Canada's trade minister. White House advisors enjoy a proximity to power that their counterparts in other agencies can not match, an advantage likely to be magnified in an administration that values the views of governmental outsiders.


Texas crude oil production on track to equal 2014

Texas crude oil production on track to equal 2014

The West Texas Intermediate (WTI) benchmark for USA crude futures added 16 cents, or 0.3%, to $52.65 a barrel. Iraq, OPEC's second-biggest producer after Saudi Arabia, pledged to trim output by 210,000 barrels a day, or 4.5 percent of its total production.



VW ID minivan: an electric shock at Detroit 2017

Though details are scant at this stage, VW confirmed the showcar has two electric motors and four-wheel drive. The new auto is an extension of Volkswagen's I.D. Eager to change the subject from its ongoing diesel-emissions cheating debacle, Volkswagen AG (NASDAQOTH:VLKAY) said on Thursday that it will unveil an electric concept vehicle in Detroit next month - and the strong hint is that it will be a futuristic take on VW's iconic Microbus.


David Baazov Drops $4.1 Billion Takeover Bid For PokerStars' Parent Company

David Baazov Drops $4.1 Billion Takeover Bid For PokerStars' Parent Company

Baazov made his proposal in mid November . David Baazov , Amaya Inc's former chief executive officer has aborted his plan to buy the Canadian online gambling company. Baazov remains embroiled in an insider-trading scandal surrounding his behind-the-scenes financial deals while at Amaya . Baazov's attorney fired back at the AMF, claiming no specifics about such claims have been provided to date.



Freddie Mac Confirms Mortgage Rates At 2-Year Highs

A year ago at this time, the average rate was 3.96 percent. Before the election, the average rate for a 30-year loan had been below 4 percent all year and was hovering near a record low. Meanwhile, the refinance share of mortgage activity increased to 57.9% of all applications from 57.2% the previous week, the survey found. "Mortgage rates will be flat in the coming week".


Analyst Outlook: InvenSense Inc (NYSE:INVN)

Analyst Outlook: InvenSense Inc (NYSE:INVN)

Finally, KeyCorp reiterated a "hold" rating on shares of InvenSense in a research note on Wednesday, July 6th. InvenSense presently has a consensus rating of "Hold" and a consensus target price of $8.84. TDK Corporation and InvenSense , Inc. COPYRIGHT VIOLATION WARNING: This piece of content was published by Sports Perspectives and is the sole property of of Sports Perspectives.