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Alonso gives McLaren 6 months to fix failing F1 car

Alonso is missing the May 28 Monaco Grand Prix, Formula One's showpiece, to compete at Indianapolis in a Honda-powered McLaren Indy vehicle run by the Andretti Autosport team. But the two-time title victor has now set his sights on securing McLaren's first points on Sunday in what has been a miserable year so far for both Alonso and the British team.

Business

Trump urges Liberty U grads to stand up to criticism

President Donald Trump outlined a deeply religious vision of America while speaking to graduates of a conservative Christian college on Saturday, invoking his own version of Christian nationalism and touting policies friendly to right-wing faithful.

Business

Tender ballad by Portugal's Sobral wins Eurovision

The modern number, complete with a solid routine from Robin and his backing dancers, looked like it could deliver a second win in three years. Sydney woman Anja Nissen also gave a note-perfect performance, singing the power ballad "Where I Am" while representing her parents' birth country, Denmark.

Business

Brilliant 'SNL' parody invents an Amazon Echo for old people

It's the "Echo Silver", a partnership of Amazon and AARP, the "only smart speaker device designed specifically to be used by the greatest generation" - and it's a pretty amusing spoof. If mom says you don't call enough, have Alexa do it for you. You will buy devices to gain access to her, for sure, just like at one time you might have bought a landline or a cell phone to call your family members-staying in touch was that important.

Business

Family says JetBlue booted it from flight over birthday cake

The Burkes say a flight attendant first argued with them over whether to place it in overhead or under the seat. and then another attendant arrived and said it couldn't be on board at all. "She was pointing to her, 'Did you tell him he couldn't put anything in the overhead compartment?'" Cameron Burke told ABC7 News . "I'm surprised.

Business

Trump to visit Saudi Arabia, Israel & Vatican in first overseas presidential trip

Trump made the announcement after meeting with Catholic cardinals in the Oval Office, and a day after he met with Abbas at the White House. Before returning to Italy for that meeting of world leaders, Trump will stop in Brussels for a North Atlantic Treaty Organisation summit and also meet with European Union heads of government.

Business

China's narrow-body C919 jet makes maiden flight from Shanghai

China achieved a milestone by breaking into Western-dominated aircraft market, as its first large passenger Jetliner completes its maiden flight on Friday. (Tianjin lies on the coast of north-east China.) Boeing has signed an agreement with, perhaps ironically, Comac, to set up an Aircraft Completion Centre for the 737, in the city of Zhoushan, south of Shanghai .

Business

North Korea fires unidentified projectile, says South

In a statement issued Saturday night, the White House press secretary points out that the missile landed closer to Russian Federation than to Japan. Abe said the repeated launches are "a grave threat to our country and in clear violation of U.N.

Business

Bank of England Says Smooth Brexit Could Mean Faster Rate Increases

The Bank of England held rates for another month in May, leaving interest rates at a record low of 0.25% and the bank's QE programmes capped at £435 billion. Laying out the BoE's definition of a "smooth Brexit", Mr Carney said this entailed an agreement on a future European Union trading arrangement and a transition deal as the United Kingdom extricates itself from the bloc.

Business

North Korea fires missile days after South Korea leader pledges dialogue

The North Korean mission at the United Nations urged UN member-states to "reconsider" applying sanctions adopted by the Security Council, arguing that their legality was questionable. Nonetheless, both Russian President Vladimir Putin and Chinese President Xi Jinping, who have been attending an worldwide "Silk Road" summit in Beijing , voiced "concern over the escalation of tension, including in the wake of a new launch of a missile by North Korea", said Kremlin spokesman Dmitry Peskov, as ...

Business

Always Dreaming rewards many with Kentucky Derby victory

On their own, they were a combined 2-for-63 coming into America's greatest race.Joining forces, they were unbeatable on a cool and rainy day at Churchill Downs."We have had a great relationship for a long time now, and we have won a lot of races together", Pletcher said.

Business

President Trump: I Was Going to Fire James Comey 'Regardless of Recommendations'

In a new interview, President Donald Trump effectively contradicted days' worth of sloppy spin from his White House communication team about the firing of former Federal Bureau of Investigation director James Comey. "Director Comey did not come up". Lester Holt's full interview with Trump will air on the NBC Nightly News on Thursday. "He's a showboat. He's a grandstander", the president said of Comey.

Business

Will Snapchat's New Features Make It More Useful for Marketers?

Snap's stock $5.50, or 24 percent, to $17.48 in after-hours trading. Snap (SNAP) posted its first quarterly report as a public company on Wednesday and the results shed light on numerous social media upstart's vulnerabilities: Snap is struggling to maintain user growth and its path to profitability remains unclear.

Business

Trade deal feeds China taste for beef, won't close deficit

Other winners are USA credit card firms, which will be allowed to begin the Chinese licensing process and rival China's UnionPay system, which has enjoyed a near-monopoly there. Success in this arena will drive the US cattle market and increase demand for U.S beef. That round will determine the protocol for access, and it is yet unknown how much of the current US beef production would be eligible.

Business

Oil rises on falling USA stockpiles, Saudi cuts to Asia

Iraq and Algeria said they were in favor of extending that deal, which cut output by nearly 1.8 million barrels per day (bpd) during the first half of the year. On average, however, Brent and WTI spot prices in April were 0.72 per barrel and 1.73 per barrel higher, respectively, than the March averages, said the report.

Business

'Smooth' Brexit should allow solid United Kingdom growth, BoE's Carney says

The BoE also slightly cut its growth forecast for this year, from 2% to 1.9% but lifted expectations for growth next year from 1.6% three months ago to 1.7%. With unemployment falling to its estimated equilibrium rate, however, wage growth is expected to recover significantly, and the drag from domestic costs to lessen, over the same period.

Business

United States inks 'historic' beef deal with China

Beijing will also allow USA -owned card payment services to begin the licensing process in a sector where China's UnionPay system has had a near monopoly. The lifting of the ban, imposed in 2003 over "mad-cow" concerns, comes amid exploding Chinese demand for beef . The Chinese market is estimated to be worth $2.6 billion for the US beef industry.

Business

N. Korea urges United Nations members to reconsider sanctions on Pyongyang

North Korea launched two missiles in October previous year from an air base in Kusong on North Korea's west coast, on the other side of the country from the usual intermediate-range Musudan test site near Wonsan, on the east coast. China remains one of North Korea's only allies and is responsible for much of the heavily-sanctioned nation's economy. U.S. Strategic Command said they were "presumed" to be Musudans, which are technically capable of flying as far as 2,400 miles, putting Guam ...

Business

Always Dreaming wins Kentucky Derby; Kansas-owned McCraken eighth

But Velazquez, who had positioned his mount to not get mud kicked in his face, settled the victor of the Florida Derby into a relaxed stride in the run down the backstretch as the pace slowed, close but not too close to the lead. "I don't think I'm any better trainer than I was an hour ago, but I felt like another one would solidify it". Always Dreaming , who went off at 9-2 along with Irish War Cry , ran a dream race unflustered by the messy conditions caused by rains on Friday and ...

Business

Credit Suisse Group AG Reiterates "Outperform" Rating for Man Group Plc (EMG)

Wedbush maintained the shares of ANSS in report on Friday, February 24 with "Neutral" rating. Cowen & Co upgraded Hi-Crush Partners LP (NYSE:HCLP) rating on Monday, December 5. The company has market cap of 2.53 billion GBP. The Firm offers a range of products for men and women. It has a 20.71 P/E ratio. The Firm operates through three divisions: Retail, Wholesale and Central costs.

Business

Donald Trump urges future government shutdown, easier passage of laws

Trump, taking to Twitter, also vented frustration about the 60-vote threshold on legislation in the Senate thanks to the filibuster. In Tuesday morning tweets , the president contended that a bipartisan spending agreement - which funds the government through September 30 - shows that Republicans must either get more senators elected or change the Senate's rules so they can push spending through with only a majority vote, rather than the 60 now required.

Business

White House meeting on Paris climate accord postponed

Trump's inner circle has been tasked with providing the president, who has flirted with ditching the landmark agreement, with a range of policy options. Commenting on the survey, John Coequyt, global climate policy director of environmental group the Sierra Club, said: "It should never have been a question of if the USA should stay in the Paris Agreement, as it is clear that the American people and the world will accept nothing less than the U.S.

Business

China trade gets major boost with speedy deal

The measures include the lifting of a 2003 ban on importing American beef linked to concerns about "mad cow" disease, and China being allowed to send cooked poultry to the US. The U.S. exported between $68.4 billion and $385 billion in digitally-enabled services in 2014, depending on how those services are measured, resulting in an up to $154 billion trade surplus in this area, according to data from the U.S.

Business

Conditions behind cyberattack may be hard to mimic

Puts the computers in hostage and to release them and do not delete the data, it asks ransom to Bitcoin. The ransomware exploits a vulnerability in Microsoft Windows that was purportedly identified by the U.S. A spokesman for Barts Health NHS Trust in London said it was experiencing "major IT disruption" and delays at all four of its hospitals. Dubbed WannaCry or WannaCrypt, the monstrous ransomware hack hit hospitals, schools, government agencies, and other organizations around the globe, ...

Business

Youth attacks Mishra at hunger strike venue

He also accused Chief Minister Arvind Kejriwal of taking a Rs. 2 crore bribe from Health Minister Satyendra Jain. Mishra, who began his hunger strike on Wednesday, accused Kejriwal of using Jha as a pawn to disrupt his agitation. The directions were issued at a high-level meeting of officers from the three municipal corporations and the Delhi government, chaired by the chief minister.

Business

Bank of England leaves rates unchanged, lowers 2017 growth forecast

The bank trimmed its forecast for growth for this year, saying it now expected economic growth of 1.9%, down from 2.0% three months ago. Rising inflation and poor income growth were cited as the main reasons for consumers feeling the squeeze; reflected in disappointing retail sales data and a surprisingly steep drop in new vehicle sales.

Business

Bank of England warns on living standards as interest rates stay steady

Governor, Mark Carney, told reporters: "With wage growth moderating and inflation picking up, both household spending and GDP growth have slowed markedly". But the committee nudged up its forecasts for 2018 and 2019 to 1.7% and 1.8% from 1.6% and 1.7%, respectively, but it warned that these projections assumed a "smooth" Brexit transition.

Business

Trump to visit Middle East in first foreign trip

By choosing Saudi Arabia, home to Islam's holiest sites, as his first destination, Trump intends to send a message about how he wants to show leadership on global issues like the fight against Daesh by strengthening alliances, senior administration officials said.

Business

Donald Trump says 'fast decision' possible on new Federal Bureau of Investigation director

Trump told reporters he might even be able to make his decision on who should succeed James Comey to lead the Federal Bureau of Investigation before he leaves on his first foreign trip on Friday. During the interview, Trump said there's an "incredible" level of hostility from reporters toward Press Secretary Sean Spicer and his deputy, Sarah Huckabee Sanders.

Business

Active Volume Stock: Kohl's Corp. (KSS)

Shares of Kohl's Corporation (NYSE: KSS ) held volume of 9.14 Million shares as compare to its average volume of 4530.07 shares. In a report released on 5/12/2017 Piper Jaffray increased the stock price target of Kohl's Corporation (NYSE: KSS ) to $1.00 indicating a possible downside of -0.97%.

Business

Hanford emergency ends as collapsed tunnel sealed

Responding to the partial collapse of a nuclear waste storage tunnel at Hanford, Yakama Nation leaders are calling for an accelerated cleanup. The tunnel holds rail cars loaded with equipment contaminated by nuclear material. Alvarez, a former Energy Department official, cited a 1997 report, which said that the tunnel was 358 feet long, 22 feet high and 19 feet wide. "It is a very small patch of land in a very large swath of land".

Business

Nokia to play key role in T-Mobile's 5G nationwide network plans

This is not before Legere roasts Verizon and AT&T for jumping the gun with 5G (at around 0:50 in the vlog). In response, T-Mobile boasts that it's the first United States wireless company to announce plans for "truly nationwide" 5G coverage.

Business

Tillerson says United States listening to other nations on climate

The ministers stressed to Tillerson the business benefits, as well as the advantages to the environment and Arctic natives, and of taking action on the climate, Samuelsen said. Finland is also emphasizes the implementation of the Paris Agreement on climate change and the United Nations sustainable development goals, something representatives of eight Arctic Indigenous groups, or Permanent Participants, of the Arctic Council, praised during their remarks.

Business

North Korea carries out new ballistic missile test

He says officials are studying possible implications of the launch that came days after South Korea's new president took office and an worldwide conference is being hosted by China. The previous missile launch from this territory was carried out in February. The South's foreign ministry issued a statement denouncing the North's behavior.

Business

Mnuchin: US partners more comfortable with Trump on trade

The aim of the treaty is "helping countries collect what we believe is a fair share", Gurria told The Associated Press on Friday on the sidelines of a meeting of finance officials from the Group of 7 nations. Financial leaders of seven leading world economies will pledge stronger cooperation against cyber crime on Saturday and not to use foreign exchange to gain competitive advantage, but stick to their cautious wording on trade, a draft communique showed.


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