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According to the CBO, about $43 billion of this year’s increase in the deficit will result from a shift in the timing of some payments that the government would ordinarily have made in fiscal year 2017, but that will instead be made in fiscal 2016 because October 1, 2016...

The lawsuit alleges CBS and Viacom officials have concealed his failing health and have not established a succession plan.

The fourth-quarter results were shy of analysts expectations, with the company blaming volatile currency markets for a drop in revenue. But the airline’s bottom line did benefit from drastically lower fuel prices.

A Chinese president has not visited Saudi Arabia since 2009 when Hu Jintao went, and Jiang Zemin was the last Chinese president to visit Iran, going in 2002. “And the kingdom appreciates your efforts towards this”, Salman told Xi, according to SPA.

Under the new sanctions, the U.S. treasury has included 11 Iranian companies and 5 individuals on a black list due to their involvement in the ballistic missile programme and the purchase of components for these missiles.

Finally, Beacon Capital Management bought a new stake in Waste Connections during the fourth quarter valued at approximately $0.

With U.S. markets closed for the Martin Luther King Day holiday, U.S. stock index futures slipped 0.3 percent SPc1.

The China-led development bank was formally established in Beijing on 25 December.

Verdasco, who lost an epic five-set encounter to Nadal in the semi-finals of the 2009 Australian Open, triumphed 7-6 (8-6), 4-6, 3-6, 7-6 (7-4), 6-2 to hand the fifth seed his earliest loss at Melbourne Park.

Oil is down about 21 per cent this year amid volatility in Chinese markets and speculation a surge in exports by Iran after the removal of restrictions capping its crude sales will prolong a global glut.

Brent crude oil prices shot up 2.1 percent in early trading to recover to $29.56 per barrel in NY.

The same period from the previous year had $1.55 in EPS on $33.43 billion in revenue. Note that operating income was ~5% above our model partially offset by higher interest expense and tax rate.

The United States announced on Sunday new sanctions relating to Iran’s ballistic missile program, a day after the Obama administration lifted sanctions on Iran’s nuclear program.

Traders said offshore liquidity was squeezed earlier in the week as a result of state-backed banks buying, at the central bank’s behest, to push overnight borrowing rates in Hong Kong to record highs, making it prohibitively expensive to bet against the yuan.

Global health giant Johnson & Johnson plans to shed about 3,000 jobs as the strong US dollar takes a toll on the company’s medical devices division.