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House intel chairman: Still no evidence of Trump Tower wiretapping

Adam Schiff , D-Calif., said. Nunes maintained that he has yet to see evidence of collusion between "Trump world" and the Russian government. "The Department of Justice has complied with the request from leaders of the House and Senate Intelligence Committees and Judiciary Committees seeking information related to surveillance during the 2016 election", department spokeswoman Sarah Isgur Flores said in a statement Friday.

Business

Uber President Reportedly Quits as Executives Continue to Flee

The quake that has hit Uber in the past few weeks has taken down another executive. Jones is the latest to quit the company after a string of high profile exits including that of Amit Singhal who was asked to resign because of a sexual harassment allegation against hime in his previous job at Alphabet Inc's Google.

Business

Trump committed to providing health care to all: health secy

In the end, I believe that President Trump will find a way to manage his Trumpcare plan through the Congress. At the core of some of these early complaints is a report from the Congressional Budget Office, a bipartisan entity that was directed by Congress to estimate the financial impact of the Republican healthcare plan, the American Health Care Act.

Business

GOP Tweaks Healthcare Bill for Older Americans

Rep. Mark Meadows, R-N.C., head of the hard-line conservative House Freedom Caucus, continued pushing for changes. He is a second-term lawmaker from upstate NY. He then went on to say that the GOP is working on changes in the American Health Care Act that would allow federal block grants to states for Medicaid.

Business

Trump goes all in for the GOP's Obamacare replacement

It also said that enacting the legislation now before Congress - a measure backed by President Donald Trump - would reduce the federal deficit by some $337 billion over the next decade, a relatively small savings given the massive size of the U.S.

Business

Kratos Defense & Security Solutions, Inc. (NASDAQ:KTOS)

Growth Estimate for SUPERVALU Inc. The difference between Actual EPS and Estimated EPS was 0.07 Percent. The Next Year EPS growth is 1650%, Long term annual growth estimate of 13%, Annual EPS growth past 5 years of -36.41 percent. The companys revenue was up 2.6% compared to the same quarter a year ago. Hence, the surprise factor was 160 percent. While it's Return on Investment (ROI) value is -3.7%.

Business

White House Bid to Win GOP Holdouts on Obamacare Replacement May Backfire

Friday morning, members of the Republican Study Committee - who have expressed serious doubts about the House's health care bill - emerged from a meeting at the White House supportive. "I just want to thank you folks and we're gonna have a great, great health care plan", he said. President Donald Trump used a meeting with about a dozen GOP lawmakers in the Republican Study Committee, a 170-member conservative group in the House that has been the source of numerous concerns with ...

Business

Government Auditor Refutes Air India's Claim Of An Operating Profit In FY16

Not only C&AG, the same observations have been apparently made by the airline's statutory auditors, said senior C&AG officials. The airline said its accounts for the year 2015-16 were prepared in line with the generally accepted accounting principles and accounting standards issued by the Institute of Chartered Accountants of India.

Business

Red beacons removed from CM's, ministers' vehicles in Punjab

The beacons atop the vehicles of Punjab Chief Minister and his council of ministers have been removed after the Amarinder Singh dispensation made a decision to put a ban on its use on government vehicles. Commenting on the first few decisions announced by the Punjab Council of Ministers, Badal said, "Quite honestly, I am surprised that the new government could think nothing beyond announcing the policies and decisions already implemented by the SAD-BJP government".

Business

Yogi Adityanath takes charge as UP CM

Adityanath was credited for aiding the BJP in winning 325 of 403 of the Uttar Pradesh's seats during the state's recent elections. In 2015, Adityanath's comments yet again led to public outrage when he said that those who oppose "surya namaskar" are free to leave India.

Business

G20 statement drops anti-protectionism, climate change clauses

In a meeting that some said was at times 19 against one, the U.S. did not yield on key issues, essentially torpedoing earlier agreements as the G20 requires a consensus. rejected past commitments regarding the open flow of goods. Trump is expected to attend the Hamburg summit, which is to be chaired by Chancellor Angela Merkel.

Business

Chuck Berry dies, Twitter cries 'Hail, hail rock 'n' roll'

Bruce Springsteen tweeted: " Chuck Berry was rock's greatest practitioner, guitarist, and the greatest pure rock'n'roll writer who ever lived". The death of legendary rocker Chuck Berry , aged 90, drew emotional tributes from fellow musicians and other celebrities who praised him as a rock "n" roll trailblazer.

Business

G-20 finance chiefs warn of FX rate volatility

According to reports , officials were looking to replace the group's long standing opposition to "all forms" of protectionism with a new wording that would reflect U.S. We do not want unfair competition. According to reports, officials sought to replace G20's long-standing opposition to all forms of protectionism with a new text that would highlight USA concerns over "fair" trade, but no compromise was reached to at the end.

Business

US's Tough Trade Talk Scores Win In Battle With G20 Powers

Following pushback from US officials, led by US Treasury Secretary Steve Mnuchin, the communique of G20 finance minister backtracked on past commitments such as open trade and outright rejection of protectionism. "The US says that on this issue, the position hasn't been clearly defined in Washington and they need time", added the source. "We are still in the process of finding a solution for the obvious and known different views", German Finance Minister Wolfgang Schäuble said at the start ...

Business

G20 fails to agree on free trade endorsement

The world's top economic powers have dropped a pledge to fully oppose trade protectionism amid pushback from the US government of President Donald Trump, who wants to favor American companies and workers more. In his first worldwide meeting since he was sworn in, Mnuchin said "the historical language was not really relevant". Trump has already pulled the USA out of a proposed free trade deal with Japan and other Pacific Rim countries.

Business

Cliffs Natural Resources Inc (NYSE:CLF), Facebook Inc (NASDAQ:FB)

These analysts and investment firms use various valuation methods to decide a price target for a stock. Many analysts have provided their estimated foresights on Cliffs Natural Resources Inc. The median estimate represents a +0.56% increase from the last price of 8.95. This showed the surprise of 47.8% in the last quarter earnings. The company's market cap is $2.67 Billion, and the average volume is $18.91 Million.

Business

JCPenney to close Marinette store

The nearest location to close will be the store in the Midland Mall in Midland. Most affected stores will begin the liquidation process April 17. The nearest stores that will remain open are in St. "We understand that closing stores will impact the lives of many hard working associates, which is why we have chose to initiate a voluntary early retirement program for approximately 6,000 eligible associates", Ellison said.

Business

Falling Industrial Orders Shade Picture of Healthy Germany

The typically volatile reading compares with a median estimate for a 2.5 percent decline in a Bloomberg survey. Meanwhile, foreign orders declined 4.9 percent, driven by a 7.8 percent fall in demand from the euro zone. The biggest fall came for capital goods makers, who saw 9.9 percent fewer orders, while producer goods firms lost 4.0 percent and consumer goods 2.0 percent.

Business

G20 leaders fail to reach agreements on free trade

U.S. Treasury Secretary Steven Mnuchin says the U.S. believes in free trade, despite the omission of a ban on protectionism in the joint statement from an worldwide financial summit he attended. Ministers had "reached an impasse and dead end" on protectionism, German Finance Minister Wolfgang Schaeuble said after he made a last-ditch effort to try to forge a consensus on the issue.

Business

Bee-Line fares to change Sunday, get in line with MTA

A single MetroCard ride is still $2.75, but weekly and monthly cards now cost more. The seven-day MetroCard increased by $1, while the 30-day MetroCard went up to $121 from $116.50. Subway ridership fell only about 0.3 percent to 1.756 billion trips past year with weekday ridership topping six million on some weekdays, and at its highest level since 1948.

Business

G20 drops pledge to fully oppose trade protectionism amid Trump pushback

The G20 has in the past pledged support to the existing multilateral trade system, including the World Trade Organisation (WTO). "We are working to strengthen the contribution of trade to our economies", said the statement concluding this year's meeting.

Business

G20 drops anti-protectionist pledge

Experts said before the meeting that a failure by the G20 to commit to free trade would signal that Trump is serious about following through with at least some of those threats. That could include job training and education, since the International Monetary Fund says trade and globalization have benefited higher-skilled workers.

Business

U.S. Bancorp (USB) Stake Reduced by American Trust Investment Advisors LLC

Kentucky Retirement Systems purchased a new position in U.S. Bancorp during the second quarter valued at about $5,566,000. U.S. Bancorp (NYSE:USB) jumped 0.13 percent and ended the day at $55.03. The business's revenue for the quarter was up 4.3% on a year-over-year basis. U.S. Bancorp had a net margin of 25.89% and a return on equity of 13.88%.

Business

Trump puts his mark on budget

So that's a lot of money. Sen. Marco Rubio of Florida said cuts to the State Department - the second-biggest loser in Trump's budget - "undermine America's ability to keep our citizens safe". Outrage these days is the currency by which opinions are sold. Under the Trump budget, pollution cleanup efforts and energy efficiency measures would be shoved to the side.

Business

China to build on 'Panatag' this year

Then on Friday, a Hainan Daily report quoted Sansha Communist Party secretary Xiao Jie as claiming that China will begin preparatory work this year for the environment monitoring station in Scarborough Shoal. During his Senate confirmation hearing for secretary of state, Rex Tillerson compared China's island-building and deployment of military assets to Russia's 2014 annexation of Crimea, and suggesting China's access to the island should not be allowed.

Business

Stocks for your portfolio - Intel Corporation (NASDAQ:INTC), Mobileye NV (NYSE:MBLY)

Sumitomo Mitsui Trust Holdings Inc. boosted its position in Intel by 0.6% in the third quarter. Therefore, stock prices are sometime established based on the expectations that prospective investors have for the future earnings power of the firm.

Business

Economy Watch: Interest Rates Rise, So Does Inflation

Having fog-horned their decision to move the Fed Funds target rate band up by 25 basis points to a level between 0.75 and 1.00 per cent, comments from chairman Janet Yellen after yesterday's meeting were perhaps more dovish than traders expected.

Business

Southland Mall JCPenney store survives corporate closures

Marie, Mich., location is one of 138 being closed by the American department store chain later this year. The JCPenney store in Rome is safe - as are the stores at the Sangertown Square Mall in New Hartford and Destiny USA in Syracuse, according to a company announcement.

Business

Steel Dynamics Inc. (STLD) shows weekly volatility of 3.41%

The Stock had a 1.64 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.58 and 1.45 respectively. Thus the company showed an Earnings Surprise of 0 Percent. The stock's market capitalization is 8.81B, it has a 52-week low of 21.57 and a 52-week high of 40.17.

Business

'Ridiculous' claims that GCHQ spied on Trump 'will not be repeated'

White House press secretary Sean Spicer repeated claims last night that the British spy agency GCHQ bugged Donald Trump for Barack Obama in order to ensure there were "no American fingerprints" on the alleged surveillance. Mr Spicer claimed Mr Obama was "able to get transcripts of conversations involving President-elect Trump". The White House wouldn't confirm whether the British government asked for Mr Spicer to retract his remarks, or whether it was under consideration.

Business

G-20 summit ends without consensus on trade, climate

The confrontation at a two-day meeting of finance ministers of the Group of 20 economies pitted the US, which is seeking to rectify what it says is an off-kilter global trading system, against a bloc of advanced and emerging market countries attempting to head off what they see as President Donald Trump's protectionist agenda.

Business

Brazil meat packers accused of exporting rotten beef

Investigators are alleging health inspectors and politicians were bribed by some managers to get their products government certifications. He said at least one executive reported that rotten meat was mixed with healthy meat to be sold to consumers.

Business

France regrets G20 meeting outcome on trade, climate change

Reports suggest the difficulty stems from a major shift in the views of the United States, where the new Trump administration is considering protectionist trade measures to curb imports and considers efforts to try to halt global warming a "waste of money".

Business

Debt limit goes back into effect at level near $20 trillion

The borrowing limit had been suspended since November 2015, allowing the government to borrow as much as needed to meet obligations. It cited its high level of debt and uncertainty about the federal government's ability to manage that debt load following a debt ceiling showdown.

Business

Mnuchin at G20 plays nice while snubbing rules of world trade

In two days of meetings in Baden-Baden, delegates were split under the pressure of the new U.S. rhetoric on the balance of global trade, with most favouring a multilateral, rules-based system as now embodied in the World Trade Organisation.


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