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Business

Trump Says He's Cut $600 Million From F-35 Costs

Reuters reports that Trump said he appreciated Lockheed's response to his concerns about the budget and schedule overruns of the troubled F-35. Trump, who has publicly criticized Lockheed on Twitter since his election and called the program costs "out of control" just last month, now says the program is "in great shape" and called the F-35 "a great plane".

Business

President Trump Criticizes Chuck Schumer for Crying

In order for Mr. Trump to execute his vision - and for his Cabinet members to serve as counter-checks to the White House when executive orders are made - they must be in the room. "I want to apologize to all of our customers who have been impacted by this frustrating situation", Bastian said, The Daily Mail reports. U.S. Senator Charles Schumer was among the voices today calling for President Trump's controversial executive order on immigration to be reversed, and he's not alone.

Business

Dollar Slips After Trump Move, Asia Stocks Decline: Markets Wrap

The executive order is seen as part of efforts by Trump to keep his campaign promise to clamp down on immigration. A number of countries were openly criticising Trump's executive order placing a flat ban on citizens of seven primarily Muslim countries from entering the US.

Business

Rockford gas prices continue to drop, stay below national average

The average in Florida fell 4 cents to $2.31 while the average in Georgia fell to $2.21. Rockford's average per-gallon price is $2.29. "Average prices now stand at their lowest thus far in 2017 and the lowest since before Christmas, thanks primarily to weak demand for gasoline and also bulging inventories", DeHaan said.

Business

Trump, Mexican leader talk by phone as tensions rise

Donald Trump's plan to build a wall along the US-Mexico border has at least one worldwide supporter - Israel's Prime Minister Benjamin Netanyahu. Mexico must negotiate with the USA, he said, but without "surrendering". "But, as you know.they've made us look foolish." "Most illegal immigration is coming from our southern border", Trump said. On Thursday, the White House said Trump has a " buffet of options " on how to get Mexico to pay for the wall.

Business

Large Buying Action and Inflow of Money Witnessed in Rite Aid Corporation

Many analysts are providing their Estimated Earnings analysis for Rite Aid Corporation and for the current quarter 4 analysts have projected that the stock could give an Average Earnings estimate of $0.04/share. An important factor to consider when evaluating a stock's current and future value are the 52 week price high and low levels. The stock price demonstrated downbeat change from its 50 day moving average of 8.15 and had been down from its 200 Day Moving Average of 7.58.

Business

Trump signs order reducing regulations

In meetings with business leaders since his election, Trump has touted his efforts to reduce regulations and cut corporate taxes. The order caps costs of new regulations for the remainder of the fiscal year and. The order is in line with the new president's plan to slash regulations by as much as 75 percent, as Trump believes the expanding body of government rules is stifling the U.S.

Business

Fitbit cuts fourth-quarter revenue estimate, slashes workforce

In order for Fitbit to recover, the company, with Pebble's technology, is now perhaps looking to move towards smartwatches and away from fitness trackers which have so far generated poorer-than-expected revenue. The stock is down more than 1 percent year-to-date. VentureBeat suggests that the layoffs are in part an effort to restructure the company. That marks a slight increase from 14.8% in September.

Business

Snap Inc set to reveal financials as IPO gets closer

Snapchat parent Snap is wooing major ad firms ahead of its initial public offering, hoping to land lucrative advertising deals that could bolster the IPO. Snap Inc was founded on September 16, 2011 by Evan Spiegel and Bobby Murphy and is based in Venice, Los Angeles. Keeping tight control is common in companies closely associated with their visionaries, who often prefer to innovate without being questioned by a broad array of investors.

Business

Attorneys-general from 15 U.S. states decry Donald Trump's immigration order

For his part, Trump issued a statement saying America "is a proud nation of immigrants and we will continue to show compassion to those fleeing oppression, but we will do so while protecting our own citizens and border". The officials also said such restrictions don't apply to people from those countries traveling on diplomatic visas. Airlines rushed to disseminate guidelines on how Trump's order would affect travel, even as officials in the United States were still puzzling over how ...

Business

HMV Canada To Close All Stores

An Ontario Supreme Court of Justice approved an application to place HMV into receivership on Friday afternoon. Many staff at HMV Canada's head office were laid off as soon as the receivership was confirmed last week. It also closed larger stores and leased smaller retail spaces in order to control costs and maintain its footprint across the country. According to FP, court documents show that HMV's sales fell to CAN $214.4m in FY2015, down from CAN $225m in the prior year.

Business

India cenbank removes cash withdrawal limits for ATMs from Feb. 1

In a circular issued to banks today, RBI said, "On a review of the pace of remonitisation, it has been chose to partially restore status quo ante as under: Limits placed vide the circulars cited above on cash withdrawals from Current accounts/ Cash credit accounts/ Overdraft accounts stand withdrawn with immediate effect".

Business

Woods frustrated after missed cut at Torrey Pines

Day is the No. 1 player in the world — Woods held that spot for a record 683 weeks and has won this tournament seven times. Tied with Snedeker at 7 under is last week's star, Adam Hadwin . This is the eighth straight season Woods has played that he has missed a cut, after having missed only four cuts in his first 13 years as a pro. Woods, who was sidelined by back pain and a series of surgeries, had not competed in a regular PGA Tour event since August 2015 and is also adjusting to his ...

Business

People Are Deleting Uber For Undermining Strike Against Muslim Ban

Kennedy International Airport. Uber had also announced that it was dropping surge prices at the time which is a move seen by many as a way to drive business, but the company's top guy says it was meant to facilitate the protesters going to and from New York's airport.

Business

Idea shares jump 27% as Vodafone confirms merger talks

Ultimately, this "would result in Vodafone deconsolidating Vodafone India", the firm said in a short statement. Idea Cellular had earlier moved Delhi High Court against TRAI's recommendation to impose penalty of Rs 950 crore on the telecom firm for allegedly not providing interconnection to Reliance Jio (RJIO), even as DoT said the plea was premature.

Business

Serena Williams defeats sister to win Australian Open final

With the win, Serena will regain the WTA No. 1 ranking from Angelique Kerber . "I just kept praying and praying and I am here". And little does she know, continues to inspire black women of all ages to pursue their dreams no matter no far fetched it may seem.

Business

Emirates 'change flight rosters' to comply with ban

Emirates said on Sunday it had to change staffing on US -bound flights "to comply with the latest requirements" and earlier said that "a very small number" of its passengers had been affected by the ban. No timetable has been set to discuss that issue, certainly not in the wake of Friday's controversial decision by the President to ban entry into the US from seven countries with ties to terrorism - Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen.

Business

Detained Iraqi Calls America 'The Greatest Nation' Upon Release

Jerrold Nadler (D-New York). He said both of the men have been specifically targeted in their home country because of their affiliation with the USA, and would be in "serious danger" if they were sent back. Darweesh shared with reporters that despite everything, he was happy to be in America, even explaining how he personally was targeted twice during his time working as an interpreter, engineer and contractor for the US government while in Iraq.

Business

Lyft pledges $1 million to ACLU after #DeleteUber trends on Twitter

Lyft's philanthropy comes at a moment of controversy involving its rival ridesharing service Uber. Despite the gesture, Uber was in a bit of hot water on Saturday after continuing service at JFK Airport when the New York City Taxi Worker's Alliance made a decision to freeze pickups, a move conducted in solidarity with airport protesters taking aim at the president's executive order.

Business

Hundreds Protest Diamond Pipeline in Fayetteville

This comes after President Trump signed an executive order to advance the construction of the oil pipeline, along with the Keystone XL Oil Pipeline. "I think it's just very important", said Sarah Meider, a protestor. Once submitted, the US State Department has 60 days to reach a decision. "This is about streamlining the incredibly cumbersome, long, horrible, permitting process", Trump said in an Oval Office signing ceremony on Tuesday.

Business

Sanctions didn't come up on Trump-Putin call

Those grievances include Russia's annexation of Crimea and military intervention in eastern Ukraine and Syria, the sanctions the U.S. imposed in response, and the exchange of accusations of hacking following apparent Russian attempts to swing the U.S.

Business

Tourist 'mauled to death' after CLIMBING into tiger enclosure at zoo

The man was severely bitten in his neck as well as his head by the tigers, and then was left in excruciating pain on the ground with nothing left on his body except his bloody wounds and his trousers. Reports have stated that the man has died, whilst other reports claim that he is still undergoing intensive treatment for his fatal wounds. It is not known why he entered the enclosure.

Business

Trump Aides: More Nations May be Added to Immigration Ban

The new protocols will "ensure that those approved for refugee admission do not pose a threat to the security and welfare of the United States". In an email she said, "The proposed pause would force refugees who already went through the rigorous screening process and who were set to arrive in the United States soon to instead wait months and even years to go through fingerprinting, interviews, health screenings, and multiple security checks all over again, all while their lives are ...

Business

Delta grounds USA flights due to automation issue

Flight already airborne were not impacted, the company said. Delta officials said via the air carrier's Twitter page its information technology department was working to rectify the situation. "We apologize for any inconvenience our customers may experience". In tweets to customers, the company said its teams were "working to resolve this as quickly as possible".

Business

Trump's refugee ban sparks global chaos, retaliation

Trump's tweets made no mention of the protests and pain brought back his executive orders, which temporarily banned travelers from seven majority Muslim countries and halted the American intake of refugees. Speaking earlier on Saturday, Mr Trump defended his executive order, saying it was "not a Muslim ban". Additional demonstrations are planned Sunday at Los Angeles International Airport - the seventh busiest airport in the world - in opposition of President Donald Trump's refugee travel ...

Business

Watch The 89th Oscars Nominations Live On Monkeys Fighting Robots

Meryl Streep received a record 20th nomination for " Florence Foster Jenkins ". On Tuesday morning, the Academy Award nominations will be announced in Los Angeles, kicking off the most prestigious award-show frenzy of them all. Best supporting actor: Mahershala Ali, "Moonlight"; Jeff Bridges, "Hell or High Water"; Lucas Hedges, "Manchester by the Sea"; Dev Patel, "Lion"; Michael Shannon, " Nocturnal Animals ".

Business

Thousands protest Trump refugee ban and travel restrictions

The presidential order suspends all refugee resettlement for four months to allow for a review of the screening process and bans Syrian refugees and any refugees after the first 50,000 per year until President Trump decides otherwise. Sasse's statement echoed that of McCain's and Graham's, saying, "If we send a signal to the Middle East that the USA sees all Muslims as jihadis, the terrorist recruiters win by telling kids that America is banning Muslims and that this is America versus one ...

Business

ACLU Sues Trump Over Refugee Executive Order

Darweesh's release provided a burst of energy for the assembled protesters and advocates, who chanted "Welcome home!" as he exited the terminal. The ACLU challenged the executive order and won an emergency stay that will allow those who landed in the US with a valid visa (or are now in transit) to enter the country and stay.

Business

GIULIANI: Trump asked me how to do a Muslim ban 'legally'

In his inaugural address, Trump had said: "We will reinforce old alliances and form new ones-and unite the civilized world against radical Islamic terrorism, which we will eradicate completely from the face of the Earth". But the giant loophole for "religious minorities" - which, in the Middle East, is likely to be persecuted Christians, as Trump said in an interview Saturday - makes his real motivation clear.

Business

Phoenix protesters rally against oil-pipeline projects

Almost 200 people gathered in downtown Tulsa Saturday to protest President Donald Trump's push for the construction of two controversial oil pipelines. North Dakota Sens. John Hoeven, R-N.D. and Heidi Heitkamp also praised Trump's action, as did U.S. Sen. "I wasn't surprised", she said of Trump's order.

Business

Six Arrested in Anti-Deportation Protest at Charlotte Airport

Twelve refugees were detained under the order. Kassir returned to the impromptu podium to share that a federal judge issued a stay allowing those who arrived with valid USA visas but were detained due to Trump's order to remain in the U.S.

Business

US Embassy: Malaysians not affected by Trump's immigration ruling

When do we stop being America? Refugees have already been detained at United States airports. If anything, Gurski says, Trump's order is a gift for genuine terrorist groups because it bolsters the exhausted jihadist narrative that the west is at war with Islam.

Business

White House scrambles border tax debate

Trump's current plan is to fund the border wall construction with USA tax dollars, then somehow force Mexico to reimburse the country. He had said repeatedly, including in a Wednesday (Thursday NZT) interview with ABC News, that the United States government probably would pay for the construction up front but would be reimbursed by the Mexican government.

Business

Next Weeks Broker Price Targets For Chesapeake Lodging Trust (NYSE:CHSP)

It is a self-advised hotel investment company focused on investments in upper upscale hotels in business, airport, convention markets, and select-service hotels in urban settings or locations in the United States. If you are accessing this report on another site, it was copied illegally and republished in violation of USA and worldwide copyright laws. The correct version of this piece of content can be viewed at ...

Business

Chinese New Year in Sunderland

Since arriving in Beijing to study in 2014, every Chinese New Year Sabaa Ali El-Tayeb has bought a stuffed toy animal. The burning of firecrackers also signifies a time for joy and is considered to bring good luck and fortune. Many in China also require multiple trips, say by bus and train, to get to their destination, reports the New York Times . "All of the shows are put on by our global students; for many of them, it's like a traditional show for them in China ".


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