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USDA prepared to scale back on healthy school lunch choices

Perdue said the changes would make school lunches "more appealing to students", but parents protesting outside Catoctin Elementary School held signs that read "Children deserve better". Obama helping install regulations that would push for things like lower sodium levels in school lunches by 2022. Perdue echoed that sentiment in his remarks Monday in Virginia, saying he doesn't see the changes he announced as a rollback, but "we're just slowing down the process".

Business

Dip in Tesla's customer deposits triggers worries over orders

Tesla is anxious that the $35,000 Model 3 - which will likely not be delivered in volume until 2018 - avoids cannibalizing the higher-margin Model S, which lists at about double the starting price. It posted revenue of $2.7 billion, more than double from a year earlier, fueled by shipping a record 25,051 cars. This deficit resulted in an adjusted loss per share of $ 1.33.

Business

Syria rebels wary of de-escalation zones deal

Full details of the proposal have not been made available, but the safe zones include the provinces of Idlib, areas north of Homs, the eastern Ghouta suburbs outside Damascus, and an area in the south of the country. In a sign of the difficulties in making the agreement work, one Syrian opposition member shouted in protest during the signing ceremony before he and others left the room.

Business

Don't click on any suspicious Google Doc invite that you just got

It would then replicate itself by sending emails to the user's contacts. "We encourage you to not click through and report as phishing within Gmail". The malware attack starts with a deceptive email invitation to edit a Google Doc, which is the popular app for writing and sharing files. "While contact information was accessed and used by the campaign, our investigations show that no other data was exposed", the spokesperson said.

Business

Japan, ASEAN countries mull ways to counter financial crises

The Ministers held the meeting in the Japanese city of Yokohama. In March, finance chiefs of the Group of 20 advanced and emerging economies backpedaled on a pledge to resist protectionism, apparently reflecting the influence of the Trump administration.

Business

Jim Jordan: Conservatives Won't Vote for Spending Bill

President Trump has signed a stopgap spending bill to avert a government shutdown, the White House announced Friday evening. Without the extension or a longer-term funding bill, federal agencies will run out of money by midnight Friday, likely triggering abrupt layoffs of hundreds of thousands of federal government workers until funding resumes.

Business

GOP health care bill differs from Obamacare on pre-existing conditions

Trump and GOP leaders took a victory lap at the White House following the bill's passage before Trump jetted off to NY to meet with Australian Prime Minister Malcolm Turnbull and make remarks at the USS Intrepid Museum. Almost every major medical group in the United States, including the American Medical Association and the American Hospital Association, and the AARP representing the interests of older Americans, has strongly opposed the bill and said last-minute amendments further eroded ...

Business

White House says 'critical' that House passes healthcare bill Thursday

On April 25, as Donald Trump neared the 100th day of his presidency, a federal judge in San Francisco dealt a blow to one of his signature initiatives-an executive order denying federal funding to sanctuary cities. Many religious conservatives who endorsed Trump have been waiting for him to continue fulfilling a series of promises he made during his campaign.

Business

Russia says Syria safe zones closed to US-coalition jets

This morning an agreement was reached at the Syria talks in Astana, Kazakhstan, to set up four "de-escalation" or "safe" zones inside Syria, where moderate rebels would be tolerated but extremists like al-Qaeda and ISIS and their various offshoots would not be tolerated.

Business

Wisconsin's T.J. Watt picked 30th by Pittsburgh

And just like that, Conner's journey from cancer patient to cancer survivor to professional football player was over. Conner has had quite the year: he overcame cancer, won the ACC player of the year award and now got drafted by the Pittsburgh Steelers.

Business

Federal Reserve Leaves Interest Rates Unchanged

But Fed played down the significance of weak consumer spending, saying "the fundamentals underpinning the continued growth of consumption remain solid". The Fed also is watching whether President Donald Trump can push through Congress his initiatives on tax cuts and federal spending, which Mr. Trump seeks to bolster economic growth.

Business

Mississippi River traffic halted at St. Louis

Flooding has closed numerous roads throughout the state. Meanwhile, the flooded caused the suspension of Amtrak rail services across Missouri . The Meramec and other rivers in Missouri and IL rose sharply after significant rain in the past few days.

Business

Trumpcare saga hardly over with House vote

Jon Tester, a Democrat, and Steve Daines, a Republican will vote on it. The bill contains too many unknowns for the office to successfully predict its effects, Deputy Press Secretary Sarah Sanders said. "I think this is a big, big, big price tag", he said. Larry Levitt, of the non-partisan Kaiser Family Foundation, says the bill "does not automatically eliminate coverage for people with pre-existing conditions".

Business

Protesters line up in NYC, hoping for chance to boo Trump

Modest protests were held across the city, including along the West Side Highway, where demonstrators were confined to pens near the Intrepid while holding up signs saying "Dump Trump" and chanting "Not my president". But Vice-President Mike Pence assured Turnbull during a visit to Australia last month that the Trump administration will reluctantly honour the agreement.

Business

Google parent Alphabet revs up revenue, profit

Revenue in the three months ended in March rose 22%, year over year, to $24.75 billion, yielding EPS of $7.73. Analysts expected the company to report earnings of $7.40 a share on sales of $24.22 billion. "We reorganized so we have one face to the customer", he said. But Google's results showed that controversy was little more than a speed bump for the company as revenue rose 22.2 per cent to Dollars 24.75 billion from USD 20.26 billion in the quarter ended March 31.

Business

No Fed rate hike; but officials see more ahead

FED WATCH: Investors expect the Fed to keep the benchmark US interest rate on hold this month but are looking to a post-meeting statement for signs of when the next increase might come. Analysts had been expecting the core measure to remain unchanged for the month. At the other end of the spectrum were financials, which gained 0.61 after the Fed's hawkish tone indicated the central bank could raise interest rates in June.

Business

OPEC heads for rollover, bigger oil cut unlikely: delegates

Brent futures fell $1.06, or 2.1 percent, to settle at $50.46 a barrel, the lowest close since November 29 - the day before OPEC agreed to cut supply. USA inventories fell less than all 11 forecasts by analysts surveyed by Bloomberg. Under the deal, Russian Federation pledged to reduce its average daily production gradually by 300,000 barrels to 10.947 million bpd from the October level of 11.247 million bpd.

Business

Google parent Alphabet's profit up 29% on strong ad sales

The bulk of revenues for Other Bets came way Nest, Verily and Google Fiber, Ruth Porat, CFO of Alphabet and Google, said on Thursday's earnings call. Revenue in the most-recent quarter, minus payouts to partners, rose was $20.12 billion, above forecasts of $19.76 billion. Operating income came in at $6.568 billion for the quarter, while operating margin was 27%, both showing increases from the first quarter of fiscal 2016.

Business

Anheuser-Busch Purchases Wicked Weed Craft Beer Brewer

The North Carolina Craft Brewers Guild has also taken a stand. Craft beer bars across the United States are refusing to sell Wicked Weed or any other AB InBev-owned beer. Specific financial terms of the transaction were not disclosed and the deal is subject to regulatory approval. "They have certainly made a profound impact on the Asheville beer scene, and they've helped raise the profile of North Carolina as a craft beer state".

Business

Trump to announce 'massive' tax cut for Americans this week

But most people approve of his efforts to encourage USA companies to stay in the United States, while those who say the economy is improving are outnumbering, by the biggest margin in 15 years, those who say it's getting worse. Trump plans a major cut in tax rates, focused on simplifying the tax code for individuals and families, lowering the corporate tax rate and a large tax cut for the middle class.

Business

NEW YORK (CNNMoney) - The oil market's OPEC bounce has completely evaporated

Tumbling prices would likely force OPEC members to extend production cuts later this month, but the prospect for deeper cuts appeared slim, analysts said. However, around the region, shares of airlines, which benefit from lower oil prices as it cuts their fuel bills, were riding an updraft. The demand for petroleum products is growing strongly and oil marketing and refining products also benefit from lower global prices, he said.

Business

Marks & Spencer appoint ex-Asda boss Archie Norman as new chairman

In 2016 he was appointed by the Department for Business, Energy and Industrial Strategy as its Lead Non-Executive Board Member. Norman, who stepped down as chairman of broadcaster ITV PLC (LON:ITV) in January 2016 and has also been a Conservative MP and shadow minister, will succeed Robert Swannell, whose retirement was announced in December.

Business

Former Jacksonville meteorologist named suspect in sexual assault

NH1's reporter will be live from the press conference with Chief Deputy Hart L. Daley at noon. The police report said the victim woke up and found Johnston in her bed. Following Thursday's news conference, WCSH President and General Manager Brian Cliffe wrote on the station's Facebook page, "We are disturbed to learn this troubling information".

Business

United States growth hits three-year low at start of 2017

Unable to meet the predictions of 1.1% made by analysts, growth in this quarter was marginally lower than that of the first quarter of 2016, which stood at 0.8%. The Bureau of Economic Analysis , which prepares the GDP report, has a three-year program aimed at addressing this problem, which has been particularly problematic in the first quarter.

Business

To widen appeal, Le Pen steps down as party leader

Hollande has asked ministers "to fully commit themselves in the election campaign to ensure that Marine Le Pen has the lowest possible score", the spokesman, Stephane Le Foll, said. The two face off in France's presidential runoff on May 7. Le Pen said on TF1 TV on Tuesday that "there is a revolt of the people against the elite" seen in Britain's Brexit vote and in the election of U.S.

Business

GOP health care bill lets employers cap benefits

On Thursday, the Republicans gained a slim victory in their effort to do away with Barack Obama's 2010 health care law, with a 217-213 vote in favor of their own American Health Care Act. "Difficult as the task has proven, we are hopeful that our federal lawmakers will continue to work hard to get this right for the people of IL and our nation".

Business

Justice Dept. reportedly investigating Uber's 'Greyball' software

The company, which is at loggerheads with traditional taxi drivers in nearly every country it operates in, has been criticised over its treatment of drivers, and has been at the centre of a sexism scandal. The company went so far as to check credit card data against popular credit unions used by law enforcement and mining public social media data to determine the suspected person's employment.

Business

Donald Trump's approval rating dips as he nears 100 days in office

Many millennials disapprove of President Donald Trump's performance, according to a Tuesday poll from Harvard, but they like many of his policies. In the survey, 49 percent of the people polled said Trump is doing a worse job as president than President Obama, and 39 percent say Trump is outperforming his predecessor.

Business

No Federal Charges In The Death Of Alton Sterling

The two white police officers who killed him, Blane Salamoni and Howie Lake, claimed they believed he was reaching for his gun when they opened fire. Meantime, Lloyd Thompson urges calm and patience after Wednesday's announcement that federal charges will not be filed against two Baton Rouge police officers involved in the shooting death of Sterling.

Business

Microsoft to unveil what's next on May 23

Surely the company will relax a bit for the rest of the month, right? You see, the company will be making a big Surface announcement in Shanghai! Microsoft has only just shown off its and already it's holding another Surface event on 23 May where the Surface Pro 5 is expected to appear.

Business

Apple makes $1B commitment toward more United States manufacturing jobs

The complex web of benefits that keeps most of Apple's manufacturing in China makes that unlikely , but a $1 billion investment gives Apple something to point to if Trump brings manufacturing up again. Cook brought up the Apple Watch's renewed focus as a healthcare gadget. "Comprehensive tax reform is so important to this economy". Apple will reportedly announce their first investment in May.

Business

Oil wipes out OPEC-inspired gains with break below $50/bbl

Total volume traded was about 37% above the 100-day average. Crude oil prices were moving sharply lower in early Thursday trading. Oil prices rebounded from near 2017 lows on Wednesday after preliminary data showed a much larger-than-expected fall in USA crude stocks, reviving bullish sentiment about easing oversupply.

Business

HDFC reports 22% decline in Q4 net profit; declares dividend

IIFL Holdings today reported a 57 per cent rise in consolidated net profit to Rs 234.55 crore in the fourth quarter ended March 2017. In the year ago period, the housing finance major had booked a huge profit on sale of investments (HDFC sold shares of HDFC Standard Life) amounting to ₹1,520 crore.

Business

OPEC heads for rollover, bigger oil cut unlikely - delegates

Both benchmarks broke below closely watched technical levels, with US crude smashing below $47.23. Brent crude oil futures LCOc1 were down 32 cents at $50.47 a barrel by 0957 GMT, while U.S. "With the (Strategic Petroleum Reserve) drawing, total US petroleum stocks fell 161,000 barrels". Meanwhile, most OPEC nations that are taking part in the production cut agreement struck last November are continuing to reduce their daily production, with the group's total falling to 31.97 million bpd ...

Business

Oil dips on small USA crude stock drop and weak gasoline demand

The losses were reportedly a reaction to Saudi Arabia's budget deficit narrowing more than expected, which indicates it's coping with tepid oil prices brought about by oversupply; however, presumably investors are also concerned about US gasoline supplies rising by 1 million barrels last week, as well as Libya's production rising above 760,000 barrels per day (bpd), its highest since December 2014, according to the National Oil Corporation.


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