Business
China sees first trade deficit in three years on import rise
The figures could create additional fodder for President Donald Trump, who has railed against United States trade policy and free trade agreements. Despite the rare trade deficit China chalked up in February as imports surged the most in five years, underlying data suggest exports are on a rising trajectory that risks fanning trade tensions with the U.S.
Business
Rite Aid Corporation (NYSE:RAD) Broker Price Targets For The Coming Week
They now have a United States dollars 6.5 price target on the stock. Rite Aid Corporation (NYSE:RAD) has the market capitalization of $5.58 Billion. The consensus recommendation, according to Zacks Investment research , is 2.5. It operates stores in the majority of the major US metropolitan markets.
Business
Peter Hancock to step down as AIG CEO; shares up
AIG climbed 1.2% in early trading in NY, paring a previous decline of 2.9% this year. "I believe this is the right decision to make for the company and all its stakeholders", Hancock said of his resignation. Doug Steenland, the insurer's chairman, thanked Hancock for his work in helping repay a bailout that swelled to $182.3 billion. American International Group needs yet another CEO.
Business
Snow, cold to return to the area
That's when the weather service says increasing clouds will occur as a slow-moving front brings more precipitation to the area. "A mix of light rain and snow could produce some minor accumulations in areas where the light snow trumps the light rain", Skeldon wrote .
Business
Province unveils framework to finally allow Uber, ride-sharing in BC
One of the strongest holdouts against car-hailing companies like Uber and Lyft Inc. may finally be giving in. The company said drivers have brought in more than $150 million in tips since Lyft started up. Immediately following the province's announcement, the Vancouver Taxi Association promised to fight the plan any way they could. While other municipalities like Edmonton have introduced special conditions on ride-hailing drivers like license restrictions, insurance requirements and police ...
Business
Committee expected to recommend Oakland Raiders move to owners
The late timing of this may push the ultimate decision back to May, however, and whenever the vote takes place, 24 of the league's 32 owners need to approve the move for the Raiders to put Oakland on the rear-view mirror. As for Bank of America stepping up, the question is, Why? The Silver and Black are moving to Las Vegas. "Ronnie Lott, Rodney Peete and the Fortress Group bring the financial assets and the capability to ensure construction completion, manage the sale of private seat ...