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How Donald Trump got Carrier to stay

He also called the North American Free Trade Agreement a disaster and named it a "one way highway to Mexico". It's not going to happen. According to an analysis from The New York Times , the U.S has lost almost five million manufacturing jobs since 2000.

Business

Trump's Treasury Secretary: Expanding Lending is "No. 1 Priority"

Mnuchin isn't the only person who Trump has tapped for his cabinet that is absolutely loaded, either. Also Wednesday , Trump named Todd Ricketts , co-owner of the World Series champions Chicago Cubs, as deputy commerce secretary. "The Carrier deal, I think it's terrific. I am very proud to have him on our team", Trump said in a statement. As Trump's announcement notes, Ross led Rothschild Inc .

Business

Interstate closure extended to nearly 300 miles

High winds, low visibility and blowing and drifting snow were creating hazardous driving conditions across the region Tuesday morning, December 6, according to the National Weather Service. As of Tuesday morning, wind speeds in Fargo were around 40 miles per hour, Barrett sad. Parts of northwestern into south-central North Dakota could see up to 9 inches of snow.

Business

Italian Prime Minister set to hand in resignation after 'clear-cut' referendum defeat

An early election would likely rattle investors, with opinion polls showing Renzi's Democratic Party (PD) running neck-and-neck with 5-Star, which wants a referendum on Italy's membership of the euro zone. Credit ratings agency Standard & Poor's said in a note that "the negative outcome of the referendum yesterday does not have an immediate impact on Italy's creditworthiness as it does not have immediate implications for Italy's economic or budgetary policies beyond likely near-term ...

Business

Unity event, protests expected at white nationalist's visit

He said he agreed to speak in hopes of educating the A&M community. Until Monday night, Wiginton had only known Spencer through online circles. "Why would I want to be displaced and marginalized?" "They are declaring that we are so powerful that they must have ...

Business

Oil prices extend rally on OPEC deal

Traders said prices were weighed down by concerns over the implementation of the deal under which OPEC members were joined by non-OPEC Russia for the first time in 15 years in announcing coordinated production cuts by a combined 1.5 million barrels per day.

Business

Bank of England Promises Action In Uproar Over Non-Veggie Banknotes

Your browser doesn't recognise available video formats. The revelation left many vegans and vegetarians horrified but has prompted concern among faith groups who have rules against consuming or using beef in manufacturing processes. Ali Ryland, from the United Kingdom -based Vegan Society, told BBC radio she was not surprised at the makeup of the cash, considering the widespread use of animal derivatives in everyday products, but was disappointed "just to hear again that animals are being ...

Business

BT Group PLC (BT) Receives "Neutral" Rating from BNP Paribas

BP plc with EPIC/TICKER LON:BP has had its stock rating noted as "Reiterates" with the recommendation being set at "OVERWEIGHT" this morning by analysts at Barclays Capital. BP PLC had a positive return on equity of 2.48% and a negative net margin of 2.03%. During the a year ago Land Securities Group Plc's shares have increased by 0% from 0.00 to 953.

Business

Shenzhen Connect Opens Up 'New China' To Foreign Investors

McDonald's in March said it was reorganizing operations in the region, looking for strategic partners in China, Hong Kong and South Korea as it switches to a less capital-intensive franchise model. (5 December 2016, Hong Kong) TCL Multimedia Technology Holdings Limited ("TCL Multimedia" or the "Group", HKSE stock code: 01070) today announces that TCL Corporation ("TCL Corporation", SZSE stock code: 000100), together with TCL Multimedia are included in the eligible shares list of the ...

Business

Brazilian soccer team's plane crashes in Colombia; 71 dead

All survivors were being treated at local hospitals. "I have just seen the plane and given the state it is in, it is a miracle that six people survived", said Governor Luis Perez of Antioquia department, where the plane went down. At least 21 journalists were also believed on board the charter aircraft-operated by the Bolivian-based and Venezuela-owned company. By nightfall on Tuesday, rescuers had recovered most of the bodies which were to be repatriated to Brazil and to Bolivia, where ...

Business

Fire Officials Investigating Cause of Boston-Area Fire

After the 10-alarm fire in Cambridge this weekend, several buildings in the Kendall Square area were left inhabitable and will be knocked down. It's unclear what the extent of the damage is. "This looks nearly like a third-world country after a bombing", Fire Chief Gerald Reardon told reporters Saturday. Firefighters were called in from Newton, Waltham, Wakefield, and multiple other towns.

Business

The Pentagon Tried To Hide $125 Billion In Bureaucratic Waste

As reported in the Washinton Post , Pentagon officials anxious that "Congress would use the findings as an excuse to slash the defense budget". This means that, if these figures are accurate, the amount of waste discovered in the Pentagon's report is almost twice as much as all of Russian military spending, as well as greater than the combined military spending of both Russia and the United Kingdom.

Business

Animal fat found in Britain's plastic money angers vegetarians, religious groups

A Bank of England spokesperson confirmed that the new plastic notes contain tallow derived from animal fat. The Bank announced on Tuesday night that the company that supplied it with polymer pellets was looking into "potential solutions" to the issue.

Business

Amazon Go - what it means for Amazon

The new tech has the potential to massively change the way we shop. As customers pick up items from the shelves, they are registered to their virtual cart, which adds up how much the customers owe and charges it to their Amazon account. The first store will not open to the general public until early next year. "We created the world's most advanced shopping technology so you never have to wait in line", the company says.

Business

Pure Storage Inc. (PSTG) Stock Rating Reaffirmed by Robert W. Baird

Vetr lowered shares of Pure Storage from a hold rating to a sell rating and set a $13.00 target price on the stock.in a research note on Monday, August 15th. On average, analysts predict that Pure Storage will post ($0.64) EPS for the current year. TRADEMARK VIOLATION NOTICE: "Susquehanna Reiterates $13.00 Price Target for Pure Storage Inc".

Business

Carrier's parent company: No 'quid pro quo' with Trump

Trump turned his account to more serious matters of American business. It's a proposal that disturbs many experts, who warn of unintended consequences that could include higher prices for US consumers, an increase in undocumented immigrants and an increasingly crime-based economy on our southern border.

Business

U.S. unemployment rate hits nine-year low

The unemployment rate's decline from 4.9 percent was aided by 226,000 people who dropped out of the workforce. Only Guelph (4.2 per cent) and Brantford (4.8 per cent) had a lower unemployment rate in Ontario last month. Construction jobs added in November outpace October's addition of 14,000 jobs, but still lag far behind the 65,000 positions added in November 2015.

Business

New Zealand Prime Minister Resigns

A leadership ballot will be held by the National Party to decide who will replace Key , who had been the country's leader since 2008. "If you're staying for the record of the time you're staying for the wrong reason", Key said on Monday.

Business

Carolina Panthers: Preview of Carolina vs. Seattle

Contrast that to Newton's press conference after Carolina's 41-38 loss to the New Orleans Saints on October 16, which lasted about 90 seconds - even shorter than his infamous post-Super Bowl press conference that sparked a national debate.

Business

U.S. unemployment rate falls to lowest level since August 2007

The prior month's addition was revised to 142,000 from an initial estimate of 161,000. Employment in construction continued on its recent upward trend in November (up 19,000), with a gain in residential specialty trade contractors (up 15,000).

Business

Best Tips for Ultimate Cyber Monday Savings

The online retailer will roll out more than $75,000 sales starting Monday. Retailers like Target and Walmart hope to take back market share from online only retailers like Amazon . This year, IBM's Holiday Readiness team is supporting 41% more clients - keeping online shopping up and running for some of the world's largest brands through its highly scalable and secure platform.

Business

Yesterday's Downgrade: Grupo Simec SAB de CV (ADR) (NYSEMKT:SIM)

CEMEX, SAB.de C.V. (CEMEX) is an operating and holding company engaged, directly or indirectly, through its operating subsidiaries, primarily in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other construction materials throughout the world, and that provides construction-related services to customers and communities in over 50 countries throughout the world.

Business

Donald Trump meets with Al Gore on climate change

Gore said he also met with Ivanka Trump, the president-elect's daughter. Despite endorsing Hillary Clinton , Gore said the day after the election that he would work with Trump on climate change. Gore has spent decades warning about the dire consequences of unchecked, man-made climate change while Trump regularly called climate change "a hoax" during the campaign.

Business

State Education Officials To Consider Charter School Expansion

Elected representatives of our school districts and state government need to seriously advocate increased funding of the social and emotional development and learning programs administered by the state Student Support Services Office. In prior years, these funds were a significant part of total funds withheld by the district. "This innovative approach to sharing school performance data and the state's progress in education is precisely what we need to continue attracting prospective businesses ...

Business

Trump taps business world for treasury, commerce picks

Goldman Sachs' stock price jumped to levels not seen since before the financial crash, thanks to President-elect Donald Trump's announcement of his intended Treasury Secretary, Steven Mnuchin , a former Goldman exec and hedge fund manager.

Business

OPEC says to meet non-OPEC producers on Dec. 10 in Vienna

The reaction by traders was immediate with prices rallying close to 9% per barrel as investors celebrated the long-awaited deal . "This is Opec's first production cut in eight years and the first in 15 years that non-Opec Russia will also join production..." Although oil stocks are good for day-trades after positive developments like today, the commodity still remains to be a risky bet unless a clearer picture emerges.

Business

RBS share price slides as group fails BOE stress test

A stress test by the European Banking Authority in the summer revealed that RBS , which is still 73% owned by the Government, would be the third worst hit in a new economic crisis. The Bank of England is now developing a system-wide test to assess the dynamics of broader markets under stress and will conduct an in-depth assessment of risks from derivatives trades.

Business

Never a checkout line at this grocery store

For those who dread waiting in long store lines, this could be a godsend, but as with most technological blessings, there is a curse as well. Amazon has opened a corner shop where customers can just carry out goods without having to pay at the checkout.

Business

Presidential recount in Michigan expands to Detroit area

A challenge is reviewed on a ballot during a statewide presidential election recount in Waterford Township, Mich., Monday, Dec. 5, 2016. "We are here to assure Donald Trump that there is nothing to be afraid of", Stein said during a news conference and rally with his tower as a backdrop.

Business

'Moana' sails to No. 1 for second weekend with US$28.4m

And though Johnny Depp appears in only a small role in the film, Fantastic Beasts is also the highest-earning film the actor's appeared in since 2011, when Pirates of the Caribbean: On Stranger Tides made $241.1 million. Studios hold back new films because people tend to be too worn out from Thanksgiving or too busy with Christmas-related chores to squeeze in a trip to the movies.

Business

The Reserve Bank of Australia warns on near-term growth

The official cash rate has been at 1.5% since August, and the markets were close to certain that rates are going nowhere this month. As in recent months, the RBA again said an appreciating exchange rate could "complicate" the economy's adjustment to lower mining investment.

Business

United Kingdom vegans and vegetarians outraged over animal fat banknotes

Bank of England governor Mark Carney poses with a new polymer five pound note. "The Bank has actively followed up with Innovia, who are investigating the matter further, and looking into alternatives, and have committed to keep the Bank informed as to their next steps", continued Ménard.

Business

Nuclear security at par with int'l standards: Pak

These must be tackled by addressing the wider security, political, economic and cultural dynamics that lead state and non-state actors to seek security, legitimacy, and power in nuclear weapons. Therefore, to respond adequately to the challenges of nuclear security, the Holy See believes it to be essential that the worldwide community embrace an ethic of responsibility, in order to foster a climate of trust, and to strengthen cooperative security through multilateral dialogue.

Business

Christie hits historic low in latest approval poll

More than 70% said they don't believe Christie is honest or trustworthy and 67% said he does not care about voters' needs and problems. In a three page veto message, Christie says his Administration has followed federal and professional standards, and segregates inmates "when medically necessary or to ensure the safety and security" of inmates and prison staff.

Business

Fake news story leads gunman to DC pizzeria

Washington police said Edgar Maddison Welch, 28 , walked into the front door of the Comet Ping Pong restaurant Sunday and pointed an assault rifle in the direction of a restaurant employee, according to the Washington Post . Police responded and arrested Welch without incident. As The New York Times reports , Alefantis has never met Clinton , "does not sell or abuse children, and is not being investigated by law enforcement for any of these claims ".


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