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Business

Trump to mark his first 100 days with a rally in Pennsylvania

Organizers intend to demonstrate where they're stopped, Morrill said , through chants, music, noisemakers and "street theater", including "rubber chickens to symbolize how Donald Trump is afraid to meet us". I had so many things going", Trump said. He noted that his administration is taking steps "to renegotiate or cancel any agreement that fails to protect American interests".

Business

China hails watered down ASEAN statement on South China Sea

A more forthright approach to real fears about protectionist threats by the new US President Donald Trump, who stunned the association by inviting Duterte to the White House at some future time, would also have been appropriate at a time when Trump is apparently entering the risky territory of mixing trade with security issues.

Business

Sensex slips 111 pts, Nifty defends 9300 level

At the time of updating the copy, the 30-share index was trading at 30,124.79, up 181.55 points or 0.65% from previous close. Twenty of the 30 Sensex constituents ended lower, as overall declining issues beat advancing ones 1,576 to 1,300 and 159 stocks were unchanged.

Business

Elon Poll: 42 percent think Trump's doing a good job

It puts Trump's approval rating at 45 percent, well below the marks attained by Barack Obama (62 percent) and George W. Bush (63 percent) at this point in their presidencies. "I don't like the recent bombings he's done", Peseski said, referring to US missile strikes on a Syrian airfield and a huge bomb dropped on a militant hideout in Afghanistan.

Business

China demands U.S. halt Thaad missile shield in South Korea

Without making major claims about Kim , he noted that the North Korean leader had assumed power at a young age and was forced to deal with "obviously very tough people". It is a chess game . "If it would be appropriate for me to meet with him, I would absolutely, I would be honored to do it", Trump told Bloomberg News , adding: "If it's under the, again, under the right circumstances".

Business

Saudi Arabia just took full control of America's largest oil refinery

Shell put out a statement on Monday confirming the "completion" of that break-up. In addition to Port Arthur , Aramco is acquiring full ownership of 24 distribution terminals. Aramco's deal allows the oil giant to shore up one of its best customers - the US - ahead of next year's planned initial public offering. Saudi Arabia is hoping the Aramco IPO will be valued at a stunning $2 trillion.

Business

Donald Trump still keen to slash US corporate tax rate to 15pc

A White House official said the impending announcement could come later than Wednesday, adding: "The president was saying what we've been saying all along, that he wants to do tax reform as quickly as possible while still doing it right".

Business

Community Health Systems Completes Divestiture of Eight Hospitals to Steward Health

That value represents a market adjusting for revenues that have been falling by -6.86 % on a quarterly year/year basis as of the company's last quarterly report. Community Health Systems has a 12-month low of $4.15 and a 12-month high of $15.67. With the recent move, the stock now boasts a market cap of 967.94and a beta of 1.78.

Business

Mourinho: Pogba out of Swansea clash but I could play centre-back!

If we finish fifth and they finish sixth, it means nothing . Zlatan Ibrahimovic, Marcos Rojo, Chris Smalling, Phil Jones and Juan Mata are also unavailable, leaving the visitors short of options for the encounter. " I don't know, I don't want to know ". " If they finish third and we finish fourth ", the coach stated. "We think he is in fabulous hands". "We have six games left, four at the Etihad , so our Champions league qualification will depend on our games at the Etihad and the ...

Business

Trump tells NRA they have a friend in the White House

Trump's speech was largely a rehash of themes from his campaign rallies. Those who support more gun safety measures took aim at Trump's speech. "You have a true friend and champion in the White House". But he made sure to defend his record during his first three-and-a-half months, from taking action to improve the Department of Veterans Affairs to cracking down on illegal immigration.

Business

Trump quotes about Andrew Jackson and the Civil War

Then, "People don't ask that question, but why was there a Civil War?" "He was really angry that he saw what was happening with regard to the Civil War". "Footnote for non-US readers", said a professor of American literature at the University of London. Jackson died in 1845. In the South, slave labour was the foundation of an economy based on the cotton produced by plantations and farms.

Business

Aggreko plc (AGK) Price Target Cut to GBX 1020

HSBC Holdings plc cut their price target on shares of Wpp Plc from GBX 2,180 ($28.15) to GBX 2,000 ($25.82) and set a buy rating on the stock in a report on Monday, March 6th. State Of Tennessee Treasury Department holds 0% or 26,627 shares in its portfolio. Astronics Corporation is a supplier of products to the aerospace, defense, electronics and semiconductor industries.

Business

Fed set to leave interest rates unchanged, may hint at June hike

I would also hope that fiscal policy changes will be consistent with putting USA fiscal accounts on a sustainable trajectory. Barclays (LSE: BARC.L - news ) economists agreed the weak data could push the next rate hike back, "but the bar to disrupting the Fed's plans (for two more rate increases) is higher now than it was in previous years".

Business

Acosta Confirmed As Labor Secretary, First Latino Member Of Trump Cabinet

Acosta, the 27th Labor Secretary, will oversee a Department undergoing drastic changes from the Obama years. Acosta is taking over a department that issued several controversial regulations under Perez including the implementation of the overtime policy adopted by the Obama administration in November.

Business

French frontrunner Macron heads to Le Pen country

In an interview in late January, Ms. Le Pen described Macron as an "ideal" candidate to face off with. Macron got the most votes and is the predicted victor, since the other parties are rallying around him in an effort to stop the far-right Le Pen.

Business

India positioned third in ICC ODI rankings after annual update

England gained seven points and climbed up three places on the table to second, while Pakistan, who were ranked seventh previous year, climbed to third place after gaining five points . Number-one ranked South Africa gained four points following the annual update and are now on 123 points , while world champions and second-ranked Australia stayed on 118 points .

Business

United Airlines to Offer $10000 to Bumped Passengers

United also said it would take actions to reduce overbooking flights and improve customer satisfaction. In an interview Thursday with NBC News , Munoz said the airline will refocus its business by "putting the customer at the center" and avoiding issues in which employees, passengers and law enforcement are placed in "impossible situations".

Business

Le Pen Takes Leave As FN Head In French Presidency Bid

Macron, an independent candidate who founded his party En Marche! Two other French police officers were allegedly wounded during the attack before the attacker, reportedly inspired and affiliated with ISIS, was shot and killed by police. French presidential candidate Marine Le Pen has upstaged opponent Emmanuel Macron by making a surprise campaign stop to a home appliance factory. In a conversation with reporters, she said: 'I am going out to meet with the French people in order to draw ...

Business

FCC Chair Proposes Repealing 'Political' Net Neutrality Rules

The future of the Internet looks a lot like it did before 2015 - in the eyes of the new boss at the Federal Communications Commission. Reversing the net neutrality rules "will bring high-speed internet access to more Americans", Pai said .

Business

Southwest Airlines Overbooking Practice Ends After United Fiasco

Dao was pulled from his seat and dragged off the full plane by airport security in Chicago to make room for airline crew. "Both Dr. Dao and I applaud United for promptly addressing the many issues that have plagued passenger satisfaction in the arena of airline customer service", Demetrio said in the statement Thursday.

Business

Police injured in clashes with Paris May Day protesters

French far-right presidential candidate Marine Le Pen arrives at her meeting, Monday May 1, 2017, in Villepinte, outside Paris. Still, the independent candidate said he won't drop his labor law reform plans, as suggested by far-left leader Melenchon, who conditioned his public endorsement for the candidate on such a move.

Business

Dubai to be Uber's testing ground for flying vehicles

Earlier this year, Uber had also revealed that it hired NASA aircraft engineer Mark Moore to work on Uber Elevate, its flying vehicle initiative. The key to accomplishing this goal, according to the white paper , is to build "a network of small, electric aircraft that take off and land vertically".

Business

Oil prices buoyed by USA crude stock dip

Increasing U.S. output is undermining attempts by the Organization of the Petroleum Exporting Countries ( OPEC ) and other major oil producers to curb output and sustain a rally in prices in a market that has been oversupplied since mid-2014.

Business

BP swings to a profit as Brent crude prices rise

Higher oil prices and deep cost-cutting have helped BP record profits of $1.5 billion (£1.2 billion), compared with $532 million in the first quarter of 2016. Finance chief Brian Gilvary said: "We will continue to build a portfolio that is fit for the future". It hopes to add 800,000 barrels per day of new production by the end of the decade.

Business

Oil down slightly in subdued trade after failed North Korean missile test

EIA reported crude oil stocks down 1 million barrels and total stocks down 1.1 million barrels from one year ago. On the New York Mercantile Exchange, crude futures for May delivery fell 0.86% to $52.72 a barrel. Brent crude futures were at $53.34 per barrel at 0715 GMT, up 41 cents, or 0.77 per cent, from their last close. "At 532.3 million barrels, U.S. crude oil inventories are near the upper limit of the average range for this time of year".

Business

Oil hits 11-day low on expected surge in United States shale output

The EIA (U.S. Energy Information Administration ) reported that USA gasoline inventories rose by 1.5 MMbbls (million barrels) to 237.7 MMbbls on April 7-14, 2017. Brent futures were at $52.93 barrel at 1345 GMT, unchanged from their last close. The increasing production largely counteracted figures showing first quarter economic growth of 6.9% in China.

Business

New video shows how Syria and Russian Federation spun the chemical attack

In 2013, following devastating chemical weapons attacks on Damascus suburbs, Syria acceded to the CWC and agreed to comply with the Convention's obligation to fully declare and eliminate its chemical weapons program. Later, we learned that the USA military had information showing the jets used in the chemical attack had been launched from the Al Shayrat airfield in Syria, an airbase where Syrians and Russians were working together.

Business

Trump's costly tax cut plan

Once again, President Donald Trump disappoints. He said bankers saw current regulation as a "black box". The bill in New York's Legislature would require the state to release five years of state tax information for any president or vice president who files a NY state return.

Business

FCC Chairman Ajit Pai Begins to Free the Internet From Burdensome Overregulation

Pai has objected to the FCC's decision to classify broadband as a telecommunications service to be regulated under Title II. There will be a preliminary vote on May 18th for a Notice of Proposed Rulemaking (NPRM). Among the nation's 12 largest Internet service providers, domestic broadband capital expenditures decreased by 5.6% or $3.6 billion between 2014 and 2016 - the first two years of the Title II era, he said.

Business

Iran Sees Positive Signals For OPEC's Output Cut Extension

Non-OPEC oil producers such as Azerbaijan, Bahrain, Brunei, Equatorial Guinea, Kazakhstan, Malaysia, Mexico, Oman, Russia, Sudan, and South Sudan agreed to reduce the output by 558,000 barrels per day starting from January 1 for six months, extendable for another six months.

Business

FCC head spells out plan to roll back net neutrality

Pai said he will make the full text of his proposal available to the public on Thursday. And it's particularly unfortunate to hear the Chairman of the FCC deploy fact-free rhetoric about supposed "government control over the internet" - a baseless distortion of the actual issues at stake in this debate.

Business

U.S. crude oil stocks drop

A preliminary Reuters poll showed analysts expected data to show USA crude oil stocks fell in the week to April 14, building on a surprise decline the previous week. A final decision on whether or not to extend the deal beyond June will be taken by the oil cartel on May 25. Earlier Thursday Saudi Arabia's energy minister Khalid al-Falih said a preliminary agreement to extend cuts had been reached, although negotiations to secure final agreement from all of OPEC's members continued.

Business

Sorry Trump. Your Tax Cut is Not the Biggest in History

Tax brackets: The new plan proposes three tax brackets as opposed to seven (10 percent, 25 percent, and 35 percent). "That's the heavy lift", said Rep. The top tax rate for many small business owners would be reduced from 39.6 percent to 15 percent. Trump proposed on Wednesday slashing tax rates for businesses and on overseas corporate profits returned to the country, in a plan that his fellow Republicans in Congress generally welcomed but viewed as an opening gambit.

Business

U.S. GDP Comes in Below Expectations at 0.7 Percent

The GDP or gross domestic product, the broadest measure of all goods and services produced in the country, increased at a disappointing 0.7 percent annual rate, according to new government estimates released Friday. Many economists are more skeptical. The annualized first quarter growth rate of 0.7% was less than the 1% analysts had been expecting, and a slowdown from the 2.1% growth rate seen in the final quarter of past year.

Business

Trump says he's willing to consider raising gas tax

Since that year, revenue from the taxes has dropped because of inflation and that the average fuel economy of a passenger vehicle increased by 12 percent, according to the US Department of Transportation. Asked about Trump's remarks about the gas tax on Monday, Senate Minority Leader Chuck Schumer declined to weigh in. The bill has been introduced in New York, Massachusetts, California, Rhode Island, New Jersey and Virginia.


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