Economy / 1055

Trump outlines privatizing air traffic control

June 14, 2017

Trump unveiled his proposal Monday at the White House , detailing plans to separate air traffic controllers from the federal government. While the call for all new systems and a complete overhaul of the Air Traffic Control infrastructure may come as good news for some, the impact on efforts by the FAA and the drone industry to fully integrate drones into the system within the next few years is hard to judge.

Typhoon Merbok to hit China

June 14, 2017

Also souring sentiment in China, major state-controlled newspapers on Monday urged the stock market regulator not to "balk or backtrack" on reforms, denting hopes that IPOs could be suspended if the market remains weak. At 8 a.m., the eye of the storm, this year's second, was above the South China Sea some 295 km to the south of Shenzhen, packing winds of up to 20 metres per second, the National Meteorological Centre (NMC) said.

Sessions heatedly denies improper Russia contacts

June 14, 2017

Sessions's inability to recall or remember details ostensibly key to the Senate Intelligence Committee's investigation served as the chorus to his testimony , repeated at various times throughout Tuesday's hearing without any hint of irony or embarrassment.

Maryland, DC attorneys general plan lawsuit against Trump

June 14, 2017

On the other hand, Attorney General Frosh, said , "We can not treat a president's ongoing violations of the Constitution and disregard for the rights of the American people as the new and acceptable status quo". 20. The White House did not immediately respond to a request for comment. Lindsay Jancek, a spokeswoman for the Republican National Committee, on Monday described the lawsuit as "absurd".

Reality Winner, Accused NSA Leaker, To Enter Not Guilty Plea

June 14, 2017

Prosecutors told the Magistrate Judge Brian Epps during the bail hearing Thursday they had found additional information, including the notes victor made. The news outlet later said it did not know the identity of the person who gave it the document. Winner's lawyer told Martin that during today's hearing, he plans to request that she be released on bond pending trial.

Are Analysts Bullish about Card Factory PLC (LON:CARD) after last week?

June 14, 2017

They now have a GBX 260.00 PT on firm. The company now has a consensus rating of "Hold" and a consensus price target of GBX 143 ($1.81). Investors sentiment decreased to 0.01 in Q4 2016. The stock of WH Smith Plc (LON:SMWH) earned "Buy" rating by Investec on Friday, March 4. Boohoo.Com PLC presently has a consensus rating of Buy and a consensus price target of GBX 202.44 ($2.56).

Sessions' Testimony to Congress Tuesday to Be Open to Public

June 14, 2017

Attorney General Jeff Sessions will testify on Tuesday to lawmakers for the first time since January, in a public hearing that wasn't on the Senate Intelligence Committee's official agenda 24 hours earlier. Susan Collins, R-Maine, a member of the intelligence committee, referring to the existence of any recordings. While several committee members, including Dianne Feinstein, D-Calif., Susan Collins, R-Maine, and Angus King, I-Maine had voiced support for a public hearing, other members ...

Anbang chairman steps aside amid probe

June 14, 2017

In May, the Insurance Regulatory Commission accused Anbang of violating certain provisions and banned the group from filing applications for new insurance products for three months . The two people confirming that Wu had been detained asked for anonymity because they were not authorised to speak to the news media. The chairman of a Chinese insurance group that sought a business deal with the family of US President Donald Trump's son-in-law has stepped aside following a report that ...

European Union broadens sanctions against North Korea

June 14, 2017

North Korean has reportedly launched four anti-ship missiles into the sea east of the Korean Peninsula near the eastern port city of Wonsan, Gangwon Province. The deployment of the system went forward as then-President Park Geun-hye faced removal from office over accusations of corruption. Many South Korean citizens are unhappy with the deployment of the THAAD system.

Billionaires' Bet on Australian TV Sours as Ten Network Faces Insolvency

June 14, 2017

Lachlan Murdoch and billionaire Bruce Gordon have discussed a rescue of Ten Network that could see the collapsed TV broadcaster go private. "[The board] wish to take this opportunity to thank all Ten employees and contractors for their commitment and enthusiasm for Ten's programs and business".

Chris Harrison on Bachelor in Paradise Scandal: "There's Misinformation Out There"

June 14, 2017

Ben wasn't the only one to defend the producers. Gerbrandt says of Bachelor in Paradise's impact on the franchise as a whole. It's unclear whether " Bachelor In Paradise " will resume production . " People drink like they were in college or on a cruise". "Corrine and Demario found out when they arrived in Mexico that the storyline would involve the two of them hooking up so they made a decision to hang out and get better acquainted over drinks.

Sessions Senate testimony to be public

June 14, 2017

His re-election campaign says the event will take place June 21 at an arena in Cedar Rapids, Iowa. Spicer told reporters Monday that it "depends on the scope of the questions" and said it was "premature" to say. Democratic Sen. Dianne Feinstein of California, a member of the Intelligence committee, sent a letter to Sen. Comey testified that the FBI investigation into possible collusion between Russian Federation and the Trump campaign did not extend to Trump himself during the time Comey ...

Uber board member resigns after comment about women

June 14, 2017

During the meeting, board member Arianna Huffington said: "There's a lot of data that shows when there's one woman on the board, it's much more likely that there will be a second woman on the board". His resignation from the board is effective on Wednesday morning (San Francisco time). He was also reported to have been one of the executives who viewed medical records of a woman who had been raped by an Uber driver in New Delhi.

Tillerson Signals What's Coming in US Policy on Cuba

June 14, 2017

Sen. John Barasso (R-Wyo.) might have said it best when he pointed out that some of his Republican colleagues on the Hill have traveled to Cuba and embraced the changes brought by the Obama administration. Though the move does have backing from some senators, a bill called the Freedom to Travel to Cuba Act, which was introduced in the Senate in late May, had more broad support in the Senate.

Barclays PLC 12.6% Potential Upside Indicated by Jefferies International

June 14, 2017

RSA Insurance Group plc had its "hold" rating reiterated by analysts at Shore Capital Stockbrokers. They now have a GBX 400.00 TP on the company. Deutsche Bank's target indicates a potential upside of 38.73% from the company's last stock close price.

'Wonder Woman' keeps Tom Cruise's 'Mummy' in check at box office

June 14, 2017

Variety said " The Mummy " debut was on pace to make $32.2 million domestically and the studio hopes to recoup the low take in the United States in markets overseas. " Wonder Woman " has grossed $435.2 million worldwide - already vaulting it to the eighth-highest-grossing of the year. The Mummy sees Alex Kurtzman directing a cast that includes Tom Cruise (Mission: Impossible - Rogue Nation), Annabelle Wallis ( Annabelle ), Jake Johnson ( New Girl ), Courtney B.

Sears Cuts 400 Jobs in Turnaround Plan

June 14, 2017

That requires the company to optimize its store footprint as well as operate an organization that is simpler and leaner. Sears corporate offices are in Hoffman Estates , Illinois. Sears said its president of online operations, Stephan Zoll, is stepping down, effective June 15. We intend the forward-looking statements to speak only as of the time made and do not undertake to update or revise them as more information becomes available, except as required by law.

Shares Trading unchanged at $30.04 (FR) First Industrial Realty Trust, Inc….

June 14, 2017

Comparatively, VNO posted earnings of $1.43 per share in the same quarter, a year earlier. Among 16 analysts covering Tate Lyle PLC ( LON:TATE ), 5 have Buy rating, 1 Sell and 10 Hold. Moreover, State Of Wisconsin Inv Board has 0.01% invested in Brandywine Realty Trust (NYSE: BDN ) for 93,227 shares. Its down 0.84, from 2.45 in 2016Q3.

Pakistani PM hopes for swift solution to crisis over Qatar

June 14, 2017

The Saudis accused Qatar of supporting "Iranian-backed terrorist groups" operating in the kingdom's eastern province and Bahrain , as well as "terrorist groups aiming to destabilise the region", including the Muslim Brotherhood , Islamic State and al-Qaeda.

Police identify lone gunman behind Philippine casino attack

June 14, 2017

At 12:18 a.m., he went behind the cashiers' cage and shot and kicked his way into a room where chips were stored, taking about 113 million Philippine pesos ($2.3 million) worth of high-value black chips, casino and police officials said. Carlos' family had grown so concerned they had asked casinos to ban him from playing since April 3. Also Saturday, dramatic security video footage of the attack was released to the public.

A New Verizon Acquisition Means Its Empire Just Got Bigger

June 14, 2017

Oath's more than 50 brands include HuffPost, TechCrunch and Tumblr . Tim Armstrong , former CEO of AOL , now holds the same title at Oath , a division in Verizon's Media and Telematics organization. Visit MarketWatch.com for more information on this news . According to the statement on Verizon's website, Armstrong is spearheading attempts to continue building the "industry's most advanced and open advertising technology solutions" with in-house brands such as ONE by AOL ...

Army chief Rawat 'reaches out' to Kashmir, meets Super 40 students

June 14, 2017

Given the circumstances in Kashmir, such a gesture from the Army chief is likely to be welcomed by most people in the Valley and sends out a positive, healthy message of inclusiveness to Kashmiris. "And you will be able to help the other children", he told them. The army conducts coaching at Srinagar with its training partner the Centre for Social Responsibility and Learning and Petronet LNG .The initiative for coaching Kashmiri students for engineering entrance examinations was launched in ...

Heavy rains, landslides claim 26 lives in Bangladesh

June 14, 2017

On the other hand, the district administration declared a woman and her daughter, who went missing in a hillslide incident, dead. Crops were also washed away, road communications snapped and vast area passed through power outage for hours. They will evict people living at risky spots near the hills. "But so far we can confirm only two deaths", he said. The traffic disrupted in capital Dhaka and main port city of Chittagonga.

Golden State Warriors win 2017 NBA Championship, beat Cavs 129-120

June 14, 2017

Their one title came previous year when the Cavs became the first National Basketball Association team to rally from a 3-1 Finals deficit to deliver the city its first major championship since 1964. "We were really good tonight". And Draymond Green , who missed the pivotal Game 5 past year after being suspended for an accumulation of flagrant fouls, had 10 points, 12 rebounds and five assists.

Sessions to appear before Senate intelligence committee

June 14, 2017

Sessions said his decision Saturday to accept the Senate Intelligence Committee's invitation to appear was due in part to last week's Senate testimony by fired Federal Bureau of Investigation director James B. Comey told the Senate Intelligence Committee Thursday that he couldn't discuss the "problematic" reason why the FBI believed Sessions would have to recuse himself from the investigation.

Impeach Trump — California's Gavin Newsom

June 14, 2017

Democrats in Congress nearly always unite when it comes to opposing President Donald Trump, but strategy sessions are reportedly blowing up over California Representative Brad Sherman's controversial plan to bring articles of impeachment .

US oil production seen thwarting OPEC effort to boost prices

June 14, 2017

The EIA released its monthly report on drilling activity Monday, showing that oil production from seven major USA shale plays is projected to rise by 127,000 barrels a day to 5.475 million barrels a day in July from June. US crude was 45 cents lower at $46.01. Overall sentiment remained downbeat however as the market has little confidence that production cuts by OPEC and Russian Federation are helping to drain excess supply.

GST Council heeds to demands, reduces taxes on 66 items

June 14, 2017

West Bengal Finance Minister Amit Mitra has raised serious doubts over the feasibility of GST roll-out from July 1, saying that the Goods and Services Tax Network (GSTN) was not ready to handle the large volumes of forms that would be received.

Kent State University football player dies after Tuesday practice session

June 14, 2017

An autopsy will be performed on Wednesday. A freshman football player at Kent State University has died following a morning workout. The school said he was planning to study marketing and entrepreneurship in the College of Business Administration.

Arrow Global Group (LON:ARW) Analyst Target Prices

June 14, 2017

It has a 25.43 P/E ratio. Lloyds Banking Group PLC (ADR) (NYSE:LYG) has declined 7.28% since June 1, 2016 and is downtrending. JP Morgan Cazenove have a GBX 1200.00 target on the stock. The British Land Company PLC is a real estate company. It has a 35.34 P/E ratio. The Firm operates through two divisions: Core Illumina and the consolidated variable interest entities (VIEs), which include the activities of GRAIL, Inc.

Grading Microsoft's 2017 E3 press conference

June 12, 2017

But with so much more power under the hood in Xbox One X, power that (so MS bullishly claim) can deliver a full, native 4k (3840×2160 resolution) gaming experience at 60 Hz (i.e. While we did get a trailer for the new upcoming Dragon Ball FighterZ game that is being developed by ArcSys, we didn't receive much more news beyond that for fighters.

Theresa May pressured to resign after British election disaster

June 10, 2017

Above all, investors are anxious about the general uncertainty surrounding the country - whether a bruised May will resign in due course, whether the Conservatives will be able to form a new government or whether it will be an alliance of opposition parties, led by the Labour Party .

'Wonder Woman' conquers box office with heroic $100.5 million

June 06, 2017

She was only 18 then. Even though it's technically a distraction from the team's key mission, Wonder Woman decides that it's worth going into No Man's Land - a hotly contested battleground - in order to save the citizens of that small European town.

Officer wounded in London Bridge attack armed only with baton

June 05, 2017

The Islamic State reports that a detachment of ISIS fighters carried out the attacks in London . Armed police responded to the scene and shot the three attackers, who were wearing what appeared to be phoney suicide vests , dead. Some suffered life-threatening injuries. After more than 20 people were killed in a bomb attack last month at a concert in Manchester, England, Trump condemned the assault as the act of "evil losers" and called on nations to band together to fight terrorism.

EU, China believes Trump climate decision 'a big mistake — EU chief

June 04, 2017

A different route would be for America to withdraw from the 1992 UN Framework Convention on Climate Change , under whose auspices the pact was negotiated. "There is no way". Thursday's announcement on the Paris agreement was a decision "to abdicate our leadership in the world", Stanton said . In a statement , Downing Street said the Prime Minister "expressed her disappointment with the decision and stressed that the United Kingdom remained committed to the Paris Agreement".

J.R. Smith and/or Iman Shumpert must deliver in NBA Finals 2017

June 03, 2017

This image has quickly gone viral and is sporadically trending on Twitter . Bay Area fans are ready to see their home squad, the Golden State Warriors , redeem themselves from last year's finals loss and bring another championship back to Oakland .

Trump to announce decision on Paris Accord on Thursday amid exit reports

June 02, 2017

Pence introduced Trump in the Rose Garden Thursday. News of Trump's expected decision drew swift reaction from the United Nations. They put aside differences and historical divisions to collectively change course on a pressing global problem by ratifying the historic Paris agreement combating climate change .

Democrats criticize Trump budget plan

May 24, 2017

These cuts that are being proposed are draconian. It didn't take long after the release of the Trump administration's first budget for the criticism from both sides of the aisle to begin. Federation of American Hospitals President and CEO Chip Kahn said the budget proposal would make it more hard for hospitals to provide care. -The Centers for Disease Control and Prevention: The agency, which fights everything from AIDS to Zika, would have its budget cut about 18 percent, to ...

Former French Prime Minister Valls plans to back Macron in June elections

May 23, 2017

Chinese President Xi Jinping said in his message to Macron that China is willing to push partnership with France to a higher level. The conservative Republicans might gain seats in the June election as they did well in the last mid-term elections, while the Socialist Party will struggle to survive as a bloc in parliament.

Abbas adviser says Trump visit could reopen path to talks

May 23, 2017

He also said Iran would continue a ballistic missile programme that has already triggered US sanctions, saying it was for defensive purposes only. "Spokesman Sean Spicer tweeted Tuesday, "@POTUS has spoken with U.K. He says that "our main problem is with the occupation and settlements". He also called on the Israeli government to meet the demands of Palestinian hunger strikers.

France's Macron picks PM from the right

May 18, 2017

A large group of onlookers, some carrying European flags, stood outside the chancellery as Macron arrived. Germany and France are the traditional motor of European integration. It's not clear why there was a delay of several hours before the announcement was made that Mr Philippe had been chosen. "It is in Germany's interest for Emmanuel Macron to succeed", stressed Seibert.

Oil prices back in the $40s, sink to 5-month low

May 18, 2017

Other analysts agreed the steep price falls would likely force OPEC members to extend production cuts later this month, but they said the prospect of deeper cuts appeared slim. "Persistent growth in U.S. oil production. will also make extensions of the Opec cap beyond 2017 unlikely". Others, as quoted by the BBC, see the drop as an indication of "jittery" markets ahead of OPEC's May 25 meeting when an extension of the original cut agreement will in all likelihood be announced.

Betsy DeVos Booed During Commencement Speech, Grads Turn Backs

May 16, 2017

Some members of the crowd also walked out during her speech with their fists up in the air, according to reporters on the ground. " Choose which way you want to go ", he said. Petitions to stop DeVos from giving a commencement address at Bethune-Cookman began circulating as soon as her appearance was announced, and gained over 50,000 signatures .

Ransomware takes down hospitals, businesses in at least 2 countries

May 14, 2017

Andrew Clarke, EMEA director for One Identity , said: "This is an unusual move by Microsoft and serves to demonstrate the seriousness of this type of attack". Then, at least 16 hospitals in England's National Health Service were affected, locking doctors and nurses out of patients' records unless they paid up.

Trump Said to Target Carried Interest and Corporate Tax Breaks

May 14, 2017

The plan would slash corporate taxes and almost double the standard deduction , to $24,000 for married couples. Studies of the results of past tax holidays found that most of the offshore cash brought home by U.S. For those unfamiliar, pass-through income refers to business income that gets paid at individual income tax rates rather than corporate ones. For example, the plan promises to reduce the tax brackets to 10 percent, 25 percent and 35 percent, but doesn't say who would fall into ...

Federal Reserve set to wait on interest rate hike

May 11, 2017

The decision to leave the target federal funds rate unchanged in a range of 0.75 percent to 1 percent was unanimous and widely expected by investors. Federal Reserve officials were unusually explicit in their statement, released yesterday following a two-day meeting in Washington, indicating that a disappointing first quarter wouldn't knock the committee off its path to raise rates two more times this year after a hike in March.

Rangers top Senators 4-1, tie series 2-2

May 11, 2017

By comparison, NY has eight skaters who have scored in the series. "So you get open looks like that, anything can happen". Much ink will surely be spilled on the decision to insert veteran agitator Chris Neil into the lineup - he played 2:26 and negated a potential power play while dressing for just the second time in 69 days - but it's the Senators' ability to execute with their net empty that deserves the most credit for an unlikely 3-2 series advantage.

Obamacare is 'dead' says Trump after healthcare victory

May 07, 2017

To be clear, Republicans thought that the alternative - not passing any repeal bill - would be even worse for them politically. It reflects bipartisan culture among congressional appropriators, who long ago sorted out numerous spending fights Trump wants to renew this summer - over foreign aid, funding for the arts, Amtrak subsidies, grants to state and local governments, and development agencies like the Appalachian Regional Commission.

Wells Fargo adds $32 million to fake-account settlement

April 26, 2017

As part of the actions, they delivered a letter that more than 75 organizations from across the country had signed onto demanding that shareholders oust 13 members of the Board of Directors, including CEO Timothy Sloan, and fully support all the shareholder resolutions for bank reform.

Samsung's Galaxy S8 is better than Apple's iPhone 7 for business

April 26, 2017

The company does the same with S8 smartphones as well . Officials at Samsung have yet to confirm this rumor and have in fact recently tried to squash any anticipation . Samsung said Thursday that preorders for its new S8 phone had surpassed the preorders for its prior model, the S7. The fully functional Bixby will only be available by spring and English will not be among the first languages to release for it.

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