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Westinghouse bankruptcy talks enter final stage

By having Westinghouse file Chapter 11 by the end of this month, Toshiba is looking to finalize losses related to the USA nuclear unit as part of its restructuring steps. Representatives for the bank were not immediately available for comment outside regular business hours. Reuters also reported that Georgia Power's parent, Atlanta-based Southern Co., has hired advisers to help it deal with a potential Westinghouse bankruptcy reorganization.

Business

Rockets cruise past Thunder 137-125

Sunday afternoon at Toyota Center will be fun. Steven Adams and the Oklahoma City Thunder have been served a timely National Basketball Association playoff reality check by James Harden's Houston Rockets. In addition to being the team leader in points, rebounds and assists, he is also sixth in the league in minutes per game (36.5). Houston, shooting a sizzling 63 percent from the floor, had four players with 20-plus points as they led by 20 (79-59) at halftime and by 25 (113-88) at the ...

Business

4th Test: How Nathan Lyon's out-of-the-box thinking choked India

Lyon grabbed a haul of 4-21 during the final session, delivering the latest twist in what has been an absorbing four-Test series stacked with swings and roundabouts. I've not doing anything special in the series so far but still the guys have fought it out and that shows why we are the No. 1 team in the world. It was a testing first over by Cummins to Jadeja.

Business

OPEC Countries Show Full Compliance with Output-cut Agreement

A ministry official of Saudi Arabia said , on Thursday, that crude exprts to the United States which will fall by approximately 300,000 barrels a day-this month alone-with total shipments holding at these levels over the next few months. OPEC, formed in 1960, includes Algeria, Angola, Ecuador, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, UAE and Venezuela. The combined compliance rate for Opec and non-Opec producers was 94 per cent of the end of February, Russia's Novak ...

Business

Working Together To Fix Health Care

The lie that we could keep our health care plan, our doctor, our full-time hours, and an extra $2,500 a year was repeated unexamined and unedited by a complicit media that ignored common sense and mountains of evidence. Once it became law, more than 40 lawsuits were filed to challenge the subsequent Department of Health and Human Service's mandate requiring that insurance plans include coverage for artificial birth control, sterilization, and drugs that lead to abortions.

Business

Amazon To Charge Sales Tax In Four New States

Consumers are supposed to declare their Use Tax and remit payment to the State, but in reality hardly anyone bothers. It was not always that way. A 1992 Supreme Court ruling decreed that online vendors can sell goods without collecting sales tax , as long as they don't have a physical location in a given state.

Business

Cuomo says 'I didn't follow' dismissal of Bharara as U.S. attorney

Bharara referenced his investigation regarding the dismissal of the commission that probed corruption in NY state government, that was formed by Gov. Cuomo in 2013 and later shut down by him in 2014 after an ethics reform package passed in Albany.

Business

Oil Prices Face Upward Pressure as US Drilling Falters

Brent remains well below this year's high above US$58, reached shortly after January 1 when the deal between the Organization of the Petroleum Exporting Countries and non-OPEC states to curb supplies by 1.8 million barrels per day (bpd) came into effect.

Business

Elton John excited about secret 70th birthday bash

Plenty of famous friends attended, including Lady Gaga and Stevie Wonder , who joined forces to deliver the ultimate birthday serenade. Prince Harry made a memorable cameo at the event, appearing in video-form to wish the singer a happy day.

Business

Senate votes to undo internet privacy regulations

The vote in the Senate on Thursday was ran largely along party lines and passed with a divide of 50-48. He and other Republicans want a different federal agency, the Federal Trade Commission, to police privacy for both broadband companies like AT&T and internet companies like Google.

Business

US Sen. Blumenthal reacts after Republicans pull health care b

In a statement this week, he criticized the bill for leaving millions without health insurance, cutting care for the most vulnerable and failing to provide relief to many southern Minnesotans, including farmers and small business owners. He's hit the campaign trail with full-fledged campaign rallies to try to generate support for the bill, but at his appearance this week in Louisville, Ky., Trump barely even touched on the subject.

Business

Donald Trump attacks Freedom Caucus over failed health bill

Republicans' blame game for their failure to pass a health-care bill is in full swing. Every time Paul Ryan, Republican leader in the House of Representatives, relaxed a regulation to placate the hardline Freedom Caucus and win a vote in the House, he risked losing a vote in the Senate, where members tend to be more mainstream.

Business

Two girls barred from United flight for wearing leggings

After a large amount of backlash from Twitter users, United Airlines responded to angry inquiries online, citing a dress code that appears in their " Contract of Carriage " that allows them to "refuse passengers who are not properly clothed".

Business

Republicans Making Late Push To Repeal Obamacare

That's especially clear when it comes to maternity care, which has been a frequent target of Republican ire . While Obamacare has been politically polarizing from the beginning, the broader public opposition to the law is not driven mainly by partisan animus.

Business

Congressman Chris Collins Statement on the American Health Care Act

Trump may now be forced to acknowledge that not all of America accepts his sometimes worrisome views on health care and immigration, two of the critical pivots to his electoral success. "There is really nothing good about the Republican plan". As that vote neared Friday, MacArthur was the only one of New Jersey's 12 congressional representatives set to support the bill, a Republican standing in sharp contrast to his GOP colleagues from the state, including one who chairs a powerful House ...

Business

What's next for Trump, GOP agenda after health care debacle

A loss could do lasting political damage to Republicans who supported the contentious bill, Ryan argued, especially those in competitive districts who were vulnerable to primary challenges. With Trump serving alongside a Congress controlled by the GOP, the bill was the party's first genuine opportunity to repeal Obama's statute. Courts have quashed its immigration restrictions and a national security advisor has resigned amid a continuing inquisition into the Trump campaign's ties to Russian ...

Business

No vote on health care plan

Earlier on Friday, White House press secretary Sean Spicer said that the vote would go ahead at 15:30 (19:30 GMT). The House meltdown on Obamacare repeal has perilous implications for the American health care system, with Republicans apparently unable to repeal the law but also unwilling to fix the deficiencies that the White House says will collapse the law.

Business

Micron revenues, profit leap forward in Q2

Instinet reiterated a buy rating and issued a $28.00 price objective (up previously from $25.00) on shares of Micron Technology in a research note on Monday, December 26th. The stock now has an average rating of "Buy" and a consensus target price of $28.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink .

Business

PNC Financial Services Group Inc

In other PNC Financial Services Group news, insider Wyk Steven C. Van sold 1,000 shares of the stock in a transaction on Friday, January 20th. This continues to be an interesting story, and we look forward to updating it again soon on The Hartford Financial Services Group, Inc.

Business

Wave of corruption protests sweeps Russia

The demonstrations appear to amount to the largest coordinated protests in Russian Federation since the street rallies that broke out in 2011 and 2012 after a parliamentary election that opposition leaders decried as fraudulent. Hundreds also rallied in the city of Yekaterinburg in the industrial Urals region. Witnesses said at least four people holding banners were detained on the city's Labour Square, where opposition protesters, nationalists and supporters of the pro-Kremlin United Russia ...

Business

Lights go out in Russia's Far East for Earth Hour

Ravi Singh, secretary general and chief executive officer, WWF-India, said 2017 would mark the 10th anniversary of Earth Hour to encourage people to take positive action against climate change. "Our planet is now in extreme distress and it is impacting our economic and social conditions". Supporters in Uganda and Hungary are pushing for a shift to renewable energy.

Business

Kyle Larson Beats Joey Logano In Wild Fontana Shootout

Logano, who had led 48 laps, dropped to 26th for the restart. Kyle Busch (No. 18, NOS Energy Drink Toyota) was third and posted his 15th top-10 finish in 18 races at Auto Club Speedway. Busch chose the inside lane on the restart. "When your race cars are good like we are right now, it's easier to have a mistake-free race", Larson said.

Business

Ricciardo Laments "frustrating" home race weekend

That position became redundant as Ricciardo was making his way to the grid 25 minutes before the race, with the home favorite stopping on the run to Turn 14. The local hope began Sunday's season-opening race at Melbourne Albert Park some two laps after the rest of the field - and from pit lane, rather than the grid.

Business

Republicans Are Nearing A Last-Minute Deal To Save Their Health Care Bill

Donald Trump has denied that reforming U.S. healthcare immediately was one of his key election pledges - as the blame game began over the failure to pass his bill. Moderates were given pause by projections of 24 million Americans losing coverage in a decade and higher out-of-pocket costs for many low-income and older people, as predicted by the nonpartisan Congressional Budget Office .

Business

Trump turns to tax after Obamacare debacle

The replacement bill, the American Health Care Act, fell victim to two competing groups of Republicans. After the stinging defeat of the GOP's bill to reform Obamacare, the White House and Congress were left reeling amid finger-pointing over who shouldered the blame.

Business

Shahid Afridi to leave Peshawar Zalmi

Afridi hinted that he might play for another franchise in the PSL next year, saying he won the trophy for one team, "time for another". The cricketers stated that he made a decision to retire as Zalmi player due to personal reasons. "I'm completely unaware of what happened", said Javed when this correspondent asked him to comment on the matter. As of the latest edition of the PSL, Afridi had scored 177 runs with a strike rate of 173.52 and taken two wickets with an economy rate of 6.75.

Business

Republicans Withdraw Healthcare Replacement Bill

Staunch, ideological, free-market conservatives with the Freedom Caucus objected the bill didn't go far enough to cut off benefits and entitlements, dissing it as "Obamacare Lite". Bannon wants to draw a line in the sand and tally up the Republicans seen as disloyal, one aide told the Daily Beast. But he insisted that a vote would happen because repealing the Affordable Care Act was something that he, the Freedom Caucus and the president had all campaigned on.

Business

California hires assistatnt Wyking Jones as basketball coach

With its athletic department facing massive debt and its basketball program likely headed for a rebuilding season, Cal sorely needed a splashy hire to rejuvenate its fan base. In the season prior to his arrival, Cal went 18-15 overall and 7-11 in Pac-12 play. He made just one NCAA Tournament, losing his opening game a year ago to Hawaii.

Business

Trumpcare Vote Yanked In First Blow To Donald Trump Presidency

American voters disapprove of the Republican plan to replace Obamacare by 56-17 per cent, with 26 per cent undecided, according to a Quinnipiac University national poll released on Thursday. The Bill, which had been due for a vote in the House on Thursday, set the stage for the biggest clash on Capitol Hill since Mr Trump took office, with Republican leaders squaring off not just against Democrats but members of their own party.

Business

Gold, Treasuries, And US Dollar All Point To More Downside For Stocks

The gains in US equities provided a measure of calm to the market, though haven assets remained in demand a day before a Republican health-care bill is set for a vote in Congress. European shares climbed higher on Thursday, led by travel and retail stocks , as investors grew more bullish ahead of a vote in Congress on the US president's healthcare bill.

Business

Phone Companies Could Soon Have More Power To Block Spam Calls

The proposed rules would allow carriers to block spoofed caller ID numbers associated with phone lines that do not actually dial out, without running afoul of FCC rules requiring carriers to complete all calls. In 2012, for example, the FCC ordered telemarketers to get written permission from consumers before robocalling them. Pai says the FCC plans on doing something about the problem and is voting on a proposal Wednesday to determine whether phone companies should be given more ...

Business

What is Earth Hour, and why are the lights out?

Despite the terror attack in Westminster on Wednesday, the Houses of Parliament and Big Ben are joining more than 270 landmarks across the United Kingdom in switching off the lights for conservation charity WWF's Earth Hour. People across the country are being urged to shine their light on climate change by turning off all nonessential electricity tonight for the tenth annual Earth Hour.

Business

Hong Kong shopping centre escalator reverses direction injuring 18 shoppers

Steve Smith's feud with Virat Kohli continues to fester India's Australian physio Patrick Farhart is in the middle of the latest ruckus between captains Virat Kohli and Steve Smith which erupted in Ranchi after the third Test. The spokeswoman added that the mall was highly concerned about the accident and would offer assistance to the injured, while fully cooperating with any government investigation.

Business

After Repeal Fails, GOP Faces Pressure To Make ACA Work

They decided on the latter and now Trump's entire agenda is in jeopardy. "Ultimately, the Trumpcare bill failed because of two traits that have plagued the Trump presidency since he took office: incompetence and broken promises", Schumer said.

Business

Stock Jumping Abnormally High: Gerdau SA (GGB)

If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Presently, it has a Return on Equity (ROE) of -10.60% and Return on Investment (ROI) of -4.30%. Relative strength index (RSI-14) for Gerdau S.A. (GGB) is at 41.37.


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