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Judge blocks request to delay police hearing

Late Monday just three days before a scheduled public comment hearing, Department of Justice attorneys asked for a a 90-day delay to "review and assess the proposed consent decree ". The city remains "clearly resolved" to reform - "We're not going to back up". In the motion, the city said the postponement undermines the public's confidence and trust in the reform process.

Business

Donald Trump removes Steve Bannon from National Security Council

The memo no longer lists the chief strategist as a member of the principals committee , a group of high-ranking officials who convene to discuss pressing national security priorities. The director of the Central Intelligence Agency, Mike Pompeo, also becomes a permanent member of the principals committee. A senior administration official said that Flynn reluctantly agreed to have Bannon join the council.

Business

Payless files for bankruptcy, will close 400 stores

Payless has entered into an agreement with certain parties to reduce its debt load by almost 50%. Department stores like JCPenney, Macy's, Sears, and Kmart have all announced store closures this year, along with middle-of-the-mall chains like Crocs, BCBG, Abercrombie & Fitch, and Guess.

Business

US March ADP Employment Increases 263000, Boost To NFP Expectations

Trump's consistently harsh rhetoric on China has raised concerns about Thursday's summit, as has speculation that the US president will face challenges implementing his promised growth-boosting policies after his administration failed to pass a healthcare overhaul.

Business

A first look at the bids to build Trump's border wall

Also Wednesday, Kelly said says parents and children caught crossing the Mexican border illegally won't be separated except "if the situation at that point in time requires it". "What it will look like, how tall it will be, what color it will be is yet to be determined", Kelly said. Arrests during the normally slower winter months were higher than in past years.

Business

Republicans ask UW to research more uses for milk

Industry leaders and many state and federal lawmakers have also sent letters to President Trump to address Canada's anti-competitive efforts to keep US products out of its borders. Canada's new national ingredients strategy is expressly meant to both slash the importation of milk proteins from America, and create a new mechanism to dump milk proteins on the world market.

Business

Toshiba's Westinghouse nuclear division plunges into bankruptcy

Faced with ballooning losses, Toshiba had been considering a way to distance itself from the fallout from the debacle at Westinghouse , which it bought in 2006 to expand its nuclear power business overseas. Toshiba warned Wednesday that its full-year loss might balloon to as much as $9.1 billion, up from a previous estimate of $3.5 billion. The division was once hailed by Toshiba as a future growth driver after the 2011 Fukushima nuclear accident brought new business in Japan to a ...

Business

Russia Denies Involvement In Syria Chemical Attack

In Brussels, world leaders held a moment of silence for the victims at the start of a conference on the future of Syria. Representatives from 70 countries were present. One of Freeland's Liberal colleagues, Omar Alghabra, the parliamentary secretary for consular affairs, called the allegation against Assad "credible", given his government's past use of chemical weapons .

Business

Salaries Of Top White House Staff Revealed

Pages and pages are devoted to the family's massive real estate investments. He disclosed assets of $252 million to $611 million. The documents show Mr Kushner began selling off the most problematic pieces of his portfolio shortly after Mr Trump won the election and some of those business deals are not required to be disclosed in the forms.

Business

Electronic devices banned from certain United States-bound flights

The government has not given a start-date for the ban, but says affected airlines are "in the process of implementing it". On Tuesday, the United States department of homeland security said passengers travelling from 10 airports in Muslim-majority countries would have to bring devices such as tablets, laptops and cameras in their checked baggage.

Business

Oil prices fall as Libyan production recovery weighs

Oil futures were slightly lower on Monday after reports that USA production continued to rise last week. Pumping at Libya's largest oil field, Sharara, resumed on Sunday and was followed by the lifting of the " force majeure " on the country's exports from the Zawiya export terminal the next day.

Business

Stock Buzz: Intel Corporation (NASDAQ:INTC)

Four investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and twenty-seven have assigned a buy rating to the company. The Moving Average SMA50 is 0.1% while SMA200 is 2.5%. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link .

Business

Former Trump campaign chief 'offered to help Putin advance interests'

The plan, he continued, "will be offering a great service that can re-focus, both internally and externally, the policies of the Putin government". "Obviously there's been discussion of Paul Manafort, who played a very limited role for a very limited amount of time ", Spicer said in a March 20 White House press briefing , responding to a reporter's question about references to Manafort during the hearing.

Business

French Presidential election: Emmanuel Macron cements place as frontrunner after fiery debate

PARIS - France's top candidates for president advocated starkly opposing economic, European and security policies during a crucial debate Tuesday night, less than three weeks before the first round of voting. One candidate who needs to shine is conservative Francois Fillon, who has begun clawing back ground after his campaign was nearly derailed by criminal charges over claims he paid his wife hundreds of thousands of euros (dollars) for a fake parliamentary job.

Business

Regions Financial Corp (NYSE:RF) & Plug Power Inc (NASDAQ:PLUG) Stocks Buzz

WBB Securities has "Strong Buy" rating and $75 target. UMB Financial Corp's dividend payout ratio is presently 31.68%. Capital One Financial Corp. has a 12-month low of $58.03 and a 12-month high of $96.92. Regions Financial Corporation P/E ( price to earnings) ratio is 16.77 and Forward P/E ratio of 12.88. The Company's divisions include Credit Card, Consumer Banking, Commercial Banking and Other.

Business

SpaceX's historic re-launch of orbit-class booster

A SpaceX Falcon 9 rocket launches from the Kennedy Space Center in Cape Canaveral, Florida on Thursday, March 30, 2017 . The used Falcon 9 rocket took off on a satellite delivery mission from the Kennedy Space Center in Florida on Thursday.

Business

Pink diamond fetches record $71.2M in Hong Kong auction

The plum-sized Pink Star, a whopping 59.6 carat pink diamond, was snagged by Hong Kong-based jewelry retailer Chow Tai Fook after a five-minute bidding war. The auction house was forced to buy the diamond from the seller because it had guaranteed a $60 million sale price. It fetched an equivalent of about $57.6 million in May 2016 .

Business

Congressman Adriano Espaillat Statement Recognizing Equal Pay Day

By 2000, women earned 74% of men's wages . Black women are paid 37 percent less and Hispanic women are paid 46 percent less than men, according to census data compiled by the non-profit Lean-In. Although progress has been made in narrowing the wage gap, it's estimated the problem won't be completely erased for another century. Sheryl Sandberg, the COO of Facebook and founder of LeanIn.Org, a nonprofit that supports working women, described the pay gap that exists between working ...

Business

Rail service not back to usual after Penn Station derailment

The derailment damaged switch equipment, knocking eight tracks out of commission, putting a cramp on all rail service at Penn Station. Customers on trains arriving/departing New York Penn Station may experience delays up to 50 minutes during rush hours and up to 25 minutes during non-rush hours.

Business

ANC officials 'accept' Zuma's reasons for firing Gordhan from Cabinet

After members of the ANC top 6 had previously spoken out on Zuma's decision to axe Gordhan over an "intelligence report", at a press conference today, it seemed that Zuma's camp had reeled them back in. Malema, leader of the Economic Freedom Fighters (EFF), said the application to the Constitutional Court would seek to order the Speaker of Parliament to institute the action against Zuma.

Business

Bill Goldberg Appears After WWE RAW For "RAW Talk" Segment, Says Goodbye

This contract extension took Goldberg through WrestleMania 33, and so he has now fulfilled his obligation as outlined in that contract. Discussing his return and match with Brock Lesnar at WrestleMania , Goldberg went in depth about his reasons for returning, and was brutally honest with those who stuck around to listen.

Business

Blaming Assad, Trump says Syria attack 'cannot be tolerated'

Wednesday's renewed airstrikes hit near the location of the suspected chemical attack , said Ahmed al-Sheikho, of the Idlib Civil Defence team. The president called the suspected chemical attack "horrible" and "unspeakable", adding a "you'll see" when asked if he will take any action against Syria.

Business

US companies add 263K jobs in March, most in 2 years

The ADP figures come ahead of the Labor Department's more comprehensive non-farm payrolls report on Friday, which includes both public- and private-sector employment. According to ADP , there was an increase in employment of 118,000 in small companies, 100,000 for mid-sized companies and 45,000 for large companies.

Business

RBA Rate Decision On Tap For Tuesday

The adjustment he referred to is the transition to an economy less reliant on mining and raw-material exports, and comments such as this are far from new. "An appreciating exchange rate would complicate this adjustment". While the RBA will keep an eye on the housing market and underlying growth, many commentators expect the cash rate to remain on hold for the remainder of the year.

Business

Tesla Inc's Big Shipment Growth Bodes Well For Upcoming Model 3

That deliveries figure - a quarterly record for Tesla - is a roughly 70% improvement year-over-year, and easily cleared Wall Street's expectations for a range of 23,000 and 24,500 deliveries. The increase in market cap is despite Tesla producing far fewer cars past year than Ford - 76,000 deliveries compared to Ford's global sales of 6.6 million.

Business

Ivanka Trump, Chelsea Clinton commemorate Equal Pay Day

Candace Ladd can personally attest to the gender wage gap . Women continue to make less than men, but the gap in equal pay is wider for women of color . Women working full-time in the state make an average of 78 cents for every dollar a man gets, adding up to a $9,000 difference each year. The gap in Florida would cost a woman $220,040 over a 40-year career, when compared to a man, according to the National Women's Law Center .

Business

Growth in US services sector slows in March

It was the seventh consecutive month of industrial expansion, though slowing a bit from February when the index was at its highest. New orders dropped to 58.9 from 61.2. U.S. Treasuries rose. But after last month's failed attempt by Republicans in the U.S. House of Representatives to repeal the Obama administration's 2010 healthcare law, economists warn that Trump might struggle to implement his agenda.

Business

Tip from 19-year-old fan led to Tom Brady's stolen jerseys

But consider this: The new five-bedroom digs they'll reportedly call home is listed at $32 million, which means to upgrade to the 12th floor, they'll be paying an extra - you guessed it - $12 million. I'm hoping maybe today I'll get a call from him, or I'll be able to call him or hear something from the Patriots". After the sale, the two exchanged photos of their respective collections, and Wagner noticed something odd in Ortega's: the jersey Brady wore during the Patriots' win over the ...

Business

Family Research Council Statement on NCAA's Decision to End North Carolina Boycott

The fact that they are returning events to the state, which has legalized discrimination, underscores the fact that they never really wanted to pull out of North Carolina in the first place. The NCAA says the new law "meets the minimal NCAA requirements", but it's still concerned about provisions within it. Pastor Mark Creech, executive director of the Christian Action League of North Carolina , accused the NCAA of "breathtaking hypocrisy", since it uses many venues with the same ...

Business

US warns clock has 'run out' on N. Korea

But Trump's early retreat on Taiwan already has chipped away at his standing with Beijing, and another bluff could leave him looking the way he hates most: Weak. "The key about using leverage in negotiation is that you have to be credible", Campbell said. Hyten said China will have to be involved in dealing with North Korea.

Business

Asian shares mixed ahead of Trump-Xi meeting

We have no further comment. White House officials said the country will definitely be discussed during the president's visit with Chinese President Xi Jinping on Thursday and Friday. North Korea's state media has also said the world will soon witness what it calls "eventful successes" the country achieves in the space development.

Business

Snapdeal Being Prepped for Sale by SoftBank

While there has been market speculation that Snapdeal could be sold either to Flipkart or Paytm, another person said Flipkart was the frontrunner for acquiring the third-largest e-commerce platform in the country. In a statement sent to ET late Tuesday evening, Kola said, "I am personally distressed by the recent distortions of facts and the leaks that provide self-serving partial information".

Business

Dozens killed in Syrian gas attack

There are competing forces pulling at the Trump administration as it faces one of its first major foreign crises. UK Foreign Secretary Boris Johnson calls attack a 'barbaric act'. But I did throw up after getting to the hospital. "The area [hit] was a simple hole in the ground on one of the streets surrounded by black gas or a very dark substance", he said.

Business

Green signal from RBI to introduce Rs 200 notes

This feeds into overall CPI, which accelerated in February for the first time in seven months to 3.65 percent, nearing the 4 percent midpoint of the RBI's target range. On November 8, 2016, Prime Minister Narendra Modi announced the demonetization of Rs 500 and Rs 1,000 notes, and after that, there have been talks of some new denomination of currency possibly being introduced.

Business

Shoe chain Payless files for bankruptcy protection

Privately owned Payless Inc [WBPSSC.UL] joins a long list of US brick-and-mortar retailers to fall victim to declining mall traffic in the midst of a rise of internet shopping and rapidly changing consumer tastes. As expected from previous business reports, discount retailer Payless ShoeSource filed for Chapter 11 bankruptcy protection in April 2017 due to crushing debt and weak sales.


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