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The US And Canada Are Fighting About Milk And Wood - Again

Freeland said she had had long conversations with Ross on Sunday and Monday about lumber. The dispute became news across the state when Grassland Dairy notified almost 60 farms in Wisconsin it would no longer buy their milk starting May 1st because of new trade policies by the Canadian government.

Business

Christie rejects bill aimed at Trump's taxes as a 'stunt'

In a statement removing the bill's disclosure requirement and replacing it with his own alternative transparency suggestion, the Republican governor and former presidential candidate acknowledged the bill followed the USA presidential race victory of fellow GOP nominee Donald Trump.

Business

Cam Talbot, Oilers hang on for Game 2 win against Ducks

Louis Blues will duke it out to determine who will gain the edge. And even though they roared to a three-goal lead after 12 minutes on Sunday, only to let the Oilers tie it eight minutes into the second, they packed a 6-3 victory in their bags as they flew to Kelowna, B.C., for two days before Wednesday's Game 4.

Business

OPCW to investigate alleged Syria chemical weapons attack in two months

But the United States military quickly responded on April 7, firing 59 Tomahawk cruise missiles at a Syrian airfield to punish the government and send a warning against any further chemical weapons attacks. The report also cited the French military's assessment that a warplane had been deployed from the Syrian regime's Shayrat airbase on the morning of April 4 and had carried out up to six airstrikes in the Khan Sheikhoun area.

Business

US Gasoline Inventories Rose for the First Time in 9 Weeks

Gasoline inventories rose 1.54 million barrels last week, surprising analysts surveyed by Bloomberg who projected the Energy Information Administration data would show a 2-million-barrel decline. At this pace, the crude production in the United States would reach close to 10 million barrels per day. USA gasoline production fell by 133,000 bpd (barrels per day) to 9,794,000 bpd on April 7-14, 2017.

Business

France elections: Marine Le Pen steps down as National Front leader

According to the French Interior Ministry, Macron won the first round with 24.01 percent of the vote, while Le Pen came in second with 21.3 percent of the vote. In the end, Mr Fillon trailed in third with 20.01 per cent, ahead of radical left candidate Jean-Luc Melenchon on 19.58 per cent. She has long distanced herself from her maverick father Jean-Marie, the former FN leader, and in the election campaign has put neither her party's name nor its trademark flame logo on her posters.

Business

Rescuers jump into flood to save baby trapped in flipped truck

A cellphone video taken Saturday shows the incredible rescue of a man and his two children after their truck flipped in floodwaters in Texas. Outside the truck, a group of five or six people were in the water, trying to pry open doors and windows - doing anything they can to free the family.

Business

Pentagon report says military sexual assaults decreased in 2016

The report said the defense department's sexual assault response plan in Fiscal Year 2016 included four areas of focus: Overall prevention, "quality response" to members reporting assaults, particular support for men reporting assaults and addressing retaliation against those who reported being assaulted.

Business

Silver Peak, Riverbed Weigh in on Cisco-Viptela Acquisition

After completing all of the customary closing conditions and regulatory review, Cisco expects to close the acquisition in the second half of this year. Cisco's plan to buy software-defined wide area networking company Viptela has caught the attention of the industry. Back in January 2017, it picked up application performance management (APM) solutions supplier AppDynamics for $3.7bn, adding end-to-end visibility and intelligence across customer networks and applications.

Business

Oil prices fall on expected climb in U.S. production

US gasoline stockpiles rose by 1.5 million barrels last week, defying market consensus of a 2-million decline, according to the weekly report released by the Energy Information Administration (EIA) Wednesday. Crude oil futures stabilized Thursday after sinking to their lowest level in almost three weeks overnight amid worries that USA production is overcoming cuts from major players elsewhere.

Business

Aetna Swings to Loss After Merger Fallout

Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. A number of equities analysts recently issued reports on the company. attained a Profit Margin of 3.60% *. Aetna's total revenue for the quarter dropped 3 percent to $15.1 billion from $15.7 billion in the year-ago period.

Business

Breaking up big US banks

If Trump wants a new Glass-Steagall Act, he'd have to get Congress to write it. Many argue that the weakening of Glass-Steagall was a major contributor to the financial crisis in 2008, though this claim is disputed. Of course, he had said it on the campaign trail, but this seemed different. "He's looking at a 21st century Glass-Steagall". Warren has proposed splitting commercial and investment banking, and also barring depository institutions from using modern financial instruments like ...

Business

SpaceX delays launch of secretive satellite for US Intelligence agency

National Reconnaissance Organization. The 23-story-tall Falcon 9 rocket took off at 7:15 a.m. ET from a launch pad at Cape Canaveral, Fla. The launch was originally supposed to be for Sunday, but the mission was postponed due to an issue with one of the first stage sensors.

Business

Trump administration can't guarantee middle class won't pay more under tax plan

The White House plan would eliminate the estate tax , which mainly affects the top 10 percent of income earners . Treasury secretary Steven Mnuchin says the current deduction wrongly forces the federal government to subsidize high state income taxes.

Business

Greece says new bailout terms agreed with lenders

Following months of tough negotiations, the government and creditors agreed that Greece should make another round of pension cuts in 2019 and commit to maintaining a high budget target along with new tax increases after the current bailout program ends next year.

Business

M&S poaches Halfords boss Jill McDonald to become new clothing chief

The high street bellwether said Jill McDonald had been recruited into the new role of managing director for clothing, home and beauty, joining the retailer in the autumn of this year. Rowe said: "I am pleased with the progress we have made in clothing & home over the a year ago and the time is now right for this appointment". Speaking on behalf of Halfords' board, Dennis Millard said: "We are grateful to Jill for the positive impact she has made across the business".

Business

Wall Street holds steady with a boost from technology stocks

The Dow Jones Industrial Average was up 20.37 points, or 0.1 per cent, at 20,960.88. The Dow Jones rose about 35 points with 3M and Visa adding the most gains, while the S&P 500 hovered around the flat line for the most of the session with information technology, industrials and health care shining.

Business

GDP Increases 0.7% in First Quarter of 2017, Below Expectations

The 0.3 percent growth in household consumption, which accounts for about 70 percent of the economy, followed a 3.5 percent jump from October to December. This will be reversed in future quarters. Consumer spending fell to its lowest level in almost eight years, adding only 0.3 percent, with spending on services at their lowest in four years, and durable goods orders their lowest since 2011, as auto sales fell 0.45 percent.

Business

United Reaches Agreement With Passenger Dragged Off Plane

United reached a settlement with Dao - the passenger who was forcibly removed - on Thursday, but the settlement terms were not disclosed. His lawyer said he lost teeth and suffered a broken nose and a concussion. The incident sparked wide outrage and United Airlines had to issue an apology. The agreement comes on the same day that United released the results of an internal investigation that found it had made multiple mistakes in its handling of the incident, and pledged to make ...

Business

Oil edges down as Libya output hits highest since 2014

West Texas Intermediate for June delivery dropped 21 cents to $48.63 a barrel on the New York Mercantile Exchange at 3 p.m.in Singapore. Despite wanting to boost output, Petroleum Minister Bijan Zanganeh told Reuters on Saturday that Iran has kept its oil production at 3.8 million barrels a day under an agreement brokered previous year by the Organisation of the Petroleum Exporting Countries and joined by some critical non-OPEC members including Russian Federation.

Business

Philippine leader 'may be too busy to visit US'

In the Philippines, a presidential spokesman said Trump expressed understanding of challenges facing Duterte, "especially on the matter of unsafe drugs". That knowledge, Spicer argued, was balanced by Trump wanting to work with Duterte to prevent North Korea from becoming a nuclear power. There has been concern about Duterte's efforts to loosen the Philippines' long-standing alliance with the USA as he looks to court China, whose push to control most of the disputed South China Sea has ...

Business

What Crack Spreads Say About Oil Prices

Oil stocks have steadily built for almost three years amid sharp production increases in the United States, Iraq, Iran, Brazil and other regions, sparking a slide in oil prices from above $100 in 2014 to $30 last year. West Texas Intermediate for June delivery dropped $1.18 to settle at $47.66 a barrel on the New York Mercantile Exchange. United States crude inventories, for example, are expected to mark a fourth straight week of declines from a record high hit at the end of March, but ...

Business

Trump says USA needs government 'shutdown'

Trump's proposed border wall. Democrats - and some Republicans - quickly denounced his call to close the federal government in a spending fight just as both parties were closing in on a final measure to fund agencies through September. US President Donald Trump says the nation "needs a good shutdown in September" to fix a "mess" in the Senate. KEITH: Trump talked up an increase in defense spending built into the bill.

Business

Wall St flat as Fed meet kicks off; Nasdaq hits record

Wall Street traded aimlessly on Tuesday, as the Federal Reserve began its two-day policy meeting following a string of data releases that raised doubts about the health of the USA economy. Crude oil prices bounced back as a decline in United States inventories put a floor under trading. Ford (F.N) shares fell 4.4% and General Motors (GM.N) shed 2.9%, as major automakers posted declines in U.S.

Business

Shopify Inc (US) (SHOP) Rating Reiterated by Maxim Group

Barclays PLC started coverage on Shopify Inc (US) in a research note on Tuesday, March 28th. Finally, Royal Bank of Canada downgraded shares of Shopify Inc (US) from an outperform rating to a sector perform rating and set a $77.00 price objective on the stock.in a report on Wednesday, April 26th.

Business

The Eagles sue Hotel California

The Eagles are seeking an injunction to stop the hotel from using the Hotel California name or doing anything else to imply a connection to the band. However, the matter has come to the attention of the band, and they have made a decision to sue the hotel since they have been using this name without the band's permission.

Business

Anthony Joshua beats Klitschko in Wembley thriller

Joshua hurt Klitschko with a hard left hook that knocked him down. But Joshua hung on and came back strong before knocking Klitschko onto the floor twice in the 11th before the referee eventually stopped it with the older man on the ropes, literally and figuratively.

Business

First Lady's Twitter appears to like post slamming her marriage

On Tuesday night, Andy Ostroy posted a GIF on Twitter of Melania Trump at the inauguration smiling for a brief moment while Donald Trump looks her way, only for the smile to immediately fade. That account is much more active, posting pictures of the first lady in her official capacities. Are stray Twitter faves the most pressing topic facing President Trump's administration and the millions of constituents he governs right now? But why like the tweet suggesting there is a wall between ...

Business

Greece reaches deal with creditors on fresh bailout

Tsakalotos added he was " certain " that the agreement would enable Greece to secure debt relief measures from its creditors, which he has said is vital to spearhead recovery in the country's struggling economy. Greek 10-year bond yields GR10YT=RR fell 40 basis points to 6.08 percent, their lowest since 2014. "Both Greece and its creditors are de facto buying time before talks, including those on the details of debt relief, can advance after the German elections later this year".

Business

I Will Release Plan With 'Massive' Tax Cuts Next Week

The Treasury Department has macroeconomic models that might be used for dynamic scoring, said Mazur, a former assistant secretary for tax policy at Treasury. "It's such a big thing", said Trump. The other memo will order the Treasury to review a process that designates which non-bank firms could threaten the financial system if they fail.

Business

China's manufacturing sector growth slowed in April

The euro was little changed against the USA dollar immediately following the release , changing hands at 1.0908 by 09:05 BST. The final index for new export orders was 53.3, less than the flash reading of 53.9 but still growing faster than 51.9 in the previous month due to demand from Southeast Asia, the survey showed.

Business

PM Modi calls on Turkish firms to fulfil India's enormous infrastructure requirements

Erdogan's selective condemnation of the Sukma terror attack but silence on the Kashmir attacks has raised eyebrows, so New Delhi gave Erdogan a patient hearing when he focused his ire on FETO, the Fethullah Gulen organisation which he said was present in India.

Business

Gunman opens fire in southeast Dallas, killing 1 and injuring 3

The paramedic underwent surgery and was in critical but stable condition Monday afternoon. He is going to have to undergo "extensive medical treatment to get him back up to par", Dallas mayor Mike Rawlings said. Police believe the suspect remains in the vicinity, and the Dallas Police Department's SWAT team is searching for him. "And he went in alone and pulled the paramedic out, placed him in his squad auto and drove him to Baylor hospital", said Chief David Pughes with the Dallas ...

Business

Markets scale new highs, but fail to sustain (Second Lead)

Market benchmark Sensex hit a soft patch for the second day running as it retreated from record highs to close below the 30,000 mark today after investors pocketed gains ahead of an extended weekend. The Nifty50 of the National Stock Exchange ended at 9342.15, recording a loss of 9.70 points or 0.1%. The BSE 30-share Sensex was quoting at 29,926.96 at 1430 hrs, up 271.12 points, or 0.91 per cent.

Business

OPEC, Non-OPEC States Signal Support for Output Cuts: Iranian Minister

Among the 10 members bound by the caps, compliance strengthened to 102 percent from 89 percent in March, the survey showed. On Monday, Libya's National Oil Company said that production is now above 760,000 barrels a day, said analysts. Valeant Pharmaceuticals International Inc. jumped 6.7 per cent, boosting the health care index to a 2.4-per-cent gain, after the CEO proposed a name change and said he wants to cut the company's debt in half.


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