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ROUNDS: GOP committed to affordable health care

As for Speaker of the House Paul Ryan's message to Republicans? In his CBS interview, Ryan suggested that the insured rate would drop because, without the mandate, people would be more free to choose life without health insurance. "They're basically going to fix the flaws and put a more conservative box around it". Ryan insisted that despite slashing funding for Medicaid and vastly reducing the assistance low-income people receive for paying insurance premiums, that health insurance ...

Business

Why so few are anxious about likely Fed rate hike this week

Janet Yellen, the current Fed Chair said in her March 3rd speech that that this hike is going to be discussed in the meeting of Open Federal Committee on 14th-15th March if the economy stays constant. Job creation, unemployment and inflation have all approached the Fed's targets and President Donald Trump has pledged to bolster productivity and jobs through a major programme of spending on United States infrastructure.

Business

Wood group swallows AMEC Foster Wheeler

Four members of the Amec Foster Wheeler Board will join the board of the combined company. Wood Group is to take over global energy services provider Amec Foster Wheeler . The acquisition follows a recent drop in Wood Group's revenue, which coincided with cuts in staff. Marchant suggested the deal with AMEC will help alleviate those losses.

Business

Rent falls for the first time since late 2010

While in Great Britain there were 5% more tenants looking for a home than at the same time as last year, London (-3%) and the South East (-5%) both had fewer tenants looking than last year. The slowdown in average rental growth is driven by a fall in the number of tenants looking for a home combined with higher numbers of homes available to rent in London and the South East.

Business

Maine's jobless rate for January dips to 2001 level

The seasonally adjusted national unemployment rate in January was 4.8 percent. Seven major industry sectors reported employment gains, while four sectors declined. Nonfarm payroll employment data are collected and compiled based on the Current Employment Statistics (CES) survey, conducted by the Vermont Department of Labor.

Business

The Vail Resorts, Inc

The Company's Board of Directors approved a 30% increase in the quarterly cash dividend to $1.053 per share from $0.81 per share beginning with the dividend payable on April 13, 2017 to stockholders of record as of March 29, 2017. A number of institutional investors have recently modified their holdings of the company. The original version of this article can be viewed at [[permalink]].

Business

Iceland Lifts Capital Controls to Prevent Boom-Bust Cycle in Economy

The a year ago controls have been lifted by the government and Central Bank of Iceland, with what they've said has been: "incremental, measured process that focused on protecting the currency, addressing a balance of payments problem and tempering shocks to the Icelandic economy".

Business

A Carnival Cruise Ship Almost Hit Some Jet Skiers

Vacationers leaving from the port watched as their cruise ship inched closer to the nail-biting rescue, including Anthony Miglioranzi who recorded it. "I was limited in how far I could maneuver out of the way", Brown told Florida Today . That's an observer's play-by-play in a YouTube video now making the rounds after a very close call in Florida waters over the weekend.

Business

SSE to raise standard prices by average 6.9% from 28 April

The company, formerly known as Scottish and Southern, blamed the increases on renewable energy subsidies and the costs of installing smart meters. SSE is the latest of the "Big Six" providers to announce a price hike after last month nPower announced it will hike prices by almost 10% from 16 March, with approximately half of its 1.4 million customers set to be affected.

Business

Marissa Mayer to get $23 million severance

Yahoo previously had said that Mayer would resign from the company's board following the closing of the Verizon deal. "Today's filing represents an important step forward in the process of completing our transaction with Verizon", Yahoo said in a statement.

Business

Obama-appointed U.S. attorney fired by Trump after refusing to resign

Senate in September 2010, previously said he would serve in the role as long as he was welcome. Under normal circumstances, the assistant USA attorneys investigating de Blasio would not be affected be a change in leadership, said Bradley Simon, a criminal defense lawyer and former prosecutor in Brooklyn's Eastern District.

Business

Carlos the Jackal Is Going on Trial Again

Isabelle Coutant-Peyre, his defence lawyer and fiancé, said the trial was a waste of money and the court's time. "The civil parties demand justice", said Georges Holleaux, lawyer for the widows of the two men killed in the attack and other civil parties to the case.

Business

Trump Confident Obamacare Replacement Will Pass Shortly

He cites rising premiums under the "collapsing" current law. In one-third of America's counties, only one insurer provides coverage so competition is drying up under Obamacare, Barletta said. That fulfills a Republican promise to return more control to the states, as they can decide what their Medicaid plans must cover. Republicans have long said that we have to empower patients as consumers to spur competition and bring down costs.

Business

U.S. added 235k jobs in February, making Fed rate hike likely

Cccording to the National Oceanic and Atmospheric Administration, last month was the second-warmest February on record in the contiguous 48 U.S. states, with an average temperature of 41 degrees Fahrenheit (5 degrees Celsius), about 7 degrees higher than the 20th century average.

Business

Vodafone To Create 2100 New Customer Service Roles In UK

In a statement, the company said that the new roles would "enhance quality of service for Vodafone's customers as part of [a] three-year £2bn investment programme in its United Kingdom network and services". The newspaper quoted Nick Jeffery, chief executive of Vodafone's United Kingdom business, as commenting that the rollout would make a "real difference" to its service.

Business

The Brexit bill could be changed - here's why

Keen to maintain the flexibility to negotiate as it wants, the government on Sunday urged opponents, including some on its own side, to overturn the additions. The Labour leadership in the House of Lords has indicated it is likely to allow the bill to pass. A lot rides on what Davis tells lawmakers in the debate.

Business

South Korean anti-THAAD protesters have expectations, concern after Park's ouster

Washington refused to even consider what it said would be rewarding Pyongyang's bad behavior with cancellation of legitimate defensive exercises. Jung Yeon-tae, Chairman of the Innovation Forum for Nation stressed that calling on China to stop its unnecessary attacks against the deployment of a USA anti-missile defense system in Korea immediately and withdraw its economic and cultural retaliations against Korea.

Business

Wood Group in £2.2bn takeover of rival Amec Foster Wheeler

Amec Foster's share price was more than 17% up in early trading on the FTSE 250 while Wood Group's stock was nearly 8% higher. In the a year ago, Amec Foster Wheeler and Wood Group shares have risen 17% and 24% respectively. Separately, Amec reported annual revenue in 2016 was 8% lower on a like-for-like basis to £5.4bn, as ongoing weakness in the oil and gas market offset a strong performance in its other divisions.

Business

Lufthansa to cancel flights to Berlin on Monday amid airport strike

The airports have warned that 465 flights will be cancelled at Tegel and 195 at Schoenefeld though these numbers could rise. As well as Lufthansa, carriers including airberlin, easyJet and Ryanair serve the two airports. Around 2,000 employees, including baggage handlers, check-in staff and runway tarmac specialists, earn around 11 euros an hour. Lower offers from management have been dismissed by the unions as unacceptable.

Business

Bovis in talks with rival builder Galliford Try after rejecting £1bn deal

Galliford , on the other hand, said its deal would deliver "significant synergies" through operational structures, sourcing and operating practices, and would allow Bovis shareholders to "share in the strong growth potential of Galliford Try, including benefitting from its leading position in affordable housing and regeneration".

Business

As Congress wins Punjab Assembly polls, 10 sitting SAD-BJP ministers ousted

Navjot Singh Sidhu of Congress was leading over AAP candidate by a margin of 2,691 votes from Amritsar-East segment. Cricketer-turned politician Navjot Singh Sidhu, former hockey captain Pargat Singh and Manpreet Singh Badal are among the leaders likely to find a place in the Amarinder Singh Ministry.

Business

CT adds 5700 jobs to start 2017, but jobless rate ticks upward

Of course, that would require Trump to acknowledge that the economic data collected by USA government statisticians is actually valid. USA stock index futures were trading higher, while the dollar was weaker against a basket of currencies. The U.S. central bank lifted its benchmark overnight rate in December and has forecast three rate increases for 2017. The data also indicate that wages are rising at the fastest pace since the economic recovery began eight years ago, and that almost a half ...

Business

Northeast blizzard could dump up to 18 inches of snow on NYC

The snow will continue into Wednesday before skies clear. "Travel will become quite hard, with snow covered, slippery roads, and poor visibilities", the service said in its warning. Significant amounts of snow are forecast that will make travel unsafe, if not impossible. The Washington Post's Capital Weather Gang is now predicting 4 to 8 inches in the immediate D.C.

Business

HSBC names AIA CEO Mark Tucker its next chairman

Holdings Plc is lining up Mark Tucker, now chief executive of insurer AIA Group Ltd, to be the next chairman of Europe's biggest bank, Britain's Sky News reported on Saturday. Those challenges make the appointment of a new chief executive even more crucial for investors, a search which will now be led by Mr Tucker. Tucker will be the first outsider in HSBC's 152-year existence to occupy the position of chairman.

Business

Joker Philip Hammond has a laugh with key Tory manifesto pledge

Some are already calling for a review merely 24 hours after the measure was unveiled. The chancellor said he would increase class 4 national insurance contributions by 1 percentage point to 10% in April 2018, rising again to 11% in 2019. Well, says Hammond, an employee on £32,000 would end up paying £6,170 in national insurance contributions (NICs - including the employer's contributions).

Business

Another bomb threat made to the Vancouver Jewish Centre

Governor Andrew Cuomo is calling for an investigation into another bomb threat at a Western New York Jewish Community Center. JCC Executive Director Eldad Goldfarb says the building had to be evacuated and was later re-opened, and other community institutions have been alerted.

Business

House Republicans Take Big Step Towards Repealing & Replacing ObamaCare

Every single GOP senator voted for that legislation. "Under President Trump's leadership, we're actually also going to finally allow Americans to purchase health insurance across state lines - the way you buy life insurance, the way you buy vehicle insurance".

Business

'Look At You, You Make Me Sick'

Last year, Justin vowed to stop taking photos with fans because he was sick of being treated like a "zoo animal" . It was him, but - surprise, surprise - he didn't want to take a photo with her. From ending his pricey backstage meet and greets to a well-documented snubbing of fans keen for face time, the singer seems to be a little sick of interacting with his infamous Beliebers.

Business

Manipur CM elected as Congress legislature party leader

Mr. Maharaj, who won the Chaubattakhal seat, is, according to party sources, the foremost choice of the RSS and the central leadership. Neither is the National People's Party (NPP), which has also won four seats, likely to support the Congress as it is an ally of the BJP-led NDA government at the Centre.

Business

CRPF men die as Maoists ambush in Chhattisgarh

Deeply pained to learn of the killing of CRPF personnel in Sukma. Prime Minister Narendra Modi expressed grief over the loss of the CRPF personnel in the attack. "Those who perpetrated this incident in Sukma will be brought to justice", he said. Mr Modi also spoke to Union Home Minister Rajnath Singh who has rushed to Raipur to take the stock of the situation in the evening.

Business

Western Washington US attorney not out after Trump DOJ purge

By asking for the immediate resignations of the remaining U.S. attorneys before their replacements have been confirmed, "the President is interrupting ongoing cases and investigations and hindering the administration of justice", Schumer said.

Business

Manipur: Congress MLA, lone Trinamool Congress legislator join BJP: Himanta Biswa Sarma

When asked by The New Indian Express, a CISF inspector at the airport first refused to give any comments saying "we have been given instructions" (by top officials) not to talk on the issue. Surchandra disclosed that the Congress was in touch with the NPP, the party from Meghalaya. The NPP's Conrad Sangma said that the popular verdict was for a change in the ste.

Business

Commerce Secretary Ross Wants to Begin Renegotiating NAFTA in Coming Weeks

USA law says the administration must consult with Congress throughout the process before a deal gets signed if it wants lawmakers to hold a simple yes-or-no vote on a final deal. That would begin a pre-negotiating consultation process of at least 90 days. Ross is hoping however the discussions won't take longer than a year. Guajardo said Mexico will be ready "by the end of May" and will then be waiting for the United States and Canada to complete their domestic legislative processes in order ...

Business

Storm to hit Northeast; blizzard watch for NYC, Boston

Forecasters expect snow to move in late Monday night and remain until late Tuesday night. The icy storm comes just a week after city residents welcomed bright blue skies and 60-degree weather. Sub-freezing temperatures were forecast in the upper 20s Fahrenheit (minus 2 to minus 4 degrees Celsius). The potential for blowing snow and strong winds could lead to "whiteout" conditions with visibility as poor as a quarter mile (400 meters), the service said.

Business

More States Join Legal Challenge to Trump Travel Ban

Hawaii - argued it would harm its Muslim population, tourism and foreign students. Iraqi citizens, covered by the initial ban, will be allowed to travel to the United States under the new order. A hearing is scheduled in the Hawaii case on 15 March, one day before the order is due to go into effect. Trump signed his original executive order in late January, sparking confusion and anger as travellers were detained at USA airports and barred from boarding flights at foreign airports.


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