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Alleged Manchester bomber phoned mom before attack, said 'forgive me'

British officials are particularly angry that photos detailing evidence about the bomb used in the Manchester attack were published in The New York Times , although it's not clear that the paper obtained the photos from US officials. Dozens were also wounded in the incident. It's not just the British who are expressing outrage, either. Queen Elizabeth II visited Royal Manchester Children's Hospital on Thursday to talk to some of the concert blast victims.

Business

Pope "terrific", Saudi "spectacular": Trump waxes lyrical on foreign tour

Outside of a grinning trump, first daughter Ivanka , first lady Melania and the pope himself are all stone faced and appear to be unimpressed. The audience took place in the private library of the Apostolic Palace, the lavish papal residence that Pope Francis does not use, having opted instead for modest lodgings in a guesthouse for visiting clerics.

Business

Macron unshaken by Trump power grip

Trump, on his first overseas trip as USA president, on Thursday met with European Council President Donald Tusk and Juncker, before holding a lunch meeting with Macron. Trump's latest handshake with the newly elected president of France today is seen as rather odd and it has spawned some rather weird headlines. In Trump and Macron's case, the two gripped their hands with such powerful strength that their knuckles turned that pasty white color.

Business

Yamana Gold (AUY) Given Daily News Impact Score of 0.32

Royal Bank of Canada cut their price objective on shares of Yamana Gold to C$5.00 and set an "outperform" rating for the company in a report on Tuesday, February 28th. On average, equities research analysts forecast that Yamana Gold will post $0.05 EPS for the current fiscal year. The firm also recently announced a quarterly dividend, which will be paid on Friday, July 14th.

Business

Mulvaney defends Trump Administration's FY 2018 budget before Congress

Because Trump largely leaves alone Social Security or Medicare, he's proposing deep cuts to other so-called mandatory programs such as Medicaid, the government insurance program for the poorest and many disabled Americans. Trump's budget cuts also target welfare programs for low-income women (and children), such as the Supplemental Nutrition Assistance Program (food stamps) and the Women, Infants, and Children (WIC) nutrition program .

Business

Greg Gianforte keeps low profile; Montana votes

Ryan Zinke left his congressional seat earlier this year to be President Donald Trump's secretary of the Interior . The political race is largely viewed as a referendum on Trump's presidency and the GOP as a whole. But Gianforte brushed Jacobs off and then suddenly "body-slammed" him onto the ground, breaking his glasses, Jacobs says. Acuna, her field producer and photographer then "watched in disbelief as Gianforte began punching ( Jacobs ) as he moved to top of the ...

Business

Saudi Arabia, UAE Promise to Donate $100Mln to Ivanka Trump's Foundation

Using the word " Islamic ", a reference to the religion, in the same breath as "terrorism" could be seen by Muslims as an affront to their faith and actually play into the terrorists' " clash of civilizations " narrative - reasons why President Barack Obama assiduously avoided the combination during his presidency.

Business

Trump rebukes North Atlantic Treaty Organisation leaders for not paying military bills

President Donald Trump's first appearance at a summit of the alliance's leaders. As a presidential candidate, Trump railed against NATO's financial burden-sharing, suggesting the USA might only come to the defense of countries that meet the alliance's guidelines - for committing 2 percent of their gross domestic product to military spending.

Business

Web of tracks, switches complicates NY Penn Station summer repairs

Officials allowed reporters onto Penn Station tracks for the first time Thursday to look at the repairs that need to be made to reduce future derailments and other delays. It's the spot where dispatchers route trains to the station's 21 tracks via switches. "Clearly, the suspension of the Morris & Essex Line's Midtown Direct Service to New York Penn Station .

Business

Donald Trump's budget losers

That is, it claims that the same $2.06 trillion can be used to both reduce the budget deficit and simultaneously pay for Trump's proposed tax cuts, according to a report by Axios . According to U.S. Department of Agriculture figures, bedrock Republican states that Trump won have long food-stamp rolls: 3.8 million people in Texas, 682,077 in Vice President Mike Pence's home state of in, 815,000 in Alabama and 1.6 million in Georgia, for example.

Business

Tiffany Declares 50 Cent Quarterly Dividend

Welch & Forbes LLC now owns 36,080 shares of the specialty retailer's stock worth $2,621,000 after buying an additional 6,160 shares during the period. Tiffany & Co. (NYSE:TIF) yearly performance is 33.17% and net profit margin is 11.10%. TIF has been the topic of a number of other research reports.

Business

GOP holds on to win Montana House seat

He attacked Gianforte as a transplant from New Jersey - Gianforte moved to the state in the 1990s - which was a potent issue during the gubernatorial race but not enough to get Quist across the finish line. He said of the politician's account "The only thing that is factually correct.is my name and place of employment". Three of Montana's biggest newspapers pulled their endorsements of Gianforte but did not endorse his opponents.

Business

Dhola-Sadiya: PM Narendra Modi inaugurates India's longest river bridge in Assam

It is 3.55 km longer than the Bandra-Worli sea link (5.6 km) in Mumbai , making it the longest bridge in India. It is located 540 km away from Assam capital Dispur and 300 km away from Arunachal Pradesh capital Itanagar. "Then soon govewrnment changed and the work on the bridge kept on getting delayed", he added while taking a dig at UPA regime. The Steel Authority of India Limited has supplied around 90 per cent, or around 30,000 tonnes of steel, including TMT, structurals and plates, ...

Business

Trump son-in-law Kushner under FBI scrutiny in Russia probe - media reports

The statement from attorney Jamie Gorelick was issued amid reports that the FBI was investigating meetings Kushner had in December with Russian officials. The remark appeared to be in reference to Flynn. Representative Adam Schiff , the ranking Democrat on the House Intelligence Committee, said he planned to issue the subpoenas this week, as part of his committee's investigation into Russian meddling in the United States election.

Business

Hands off election, ex-CIA director says he warned Russia

The attempts to compel Mr Flynn to produce documents were another sign of the intense focus on Mr Trump's former national security adviser, who was sacked in February after the White House said he misled administration officials, including vice president Mike Pence, about his contacts with Russian officials.

Business

Texas Schools Likely Stuck With 'Byzantine' Finance System After 85th Legislative Session

The Kansas House is planning to debate a proposal to increase the state's spending on public schools before it considers a plan for raising taxes to pay for it and fill holes in other parts of the budget. The Kentucky Republican calls that statute "unsustainable". "I am disappointed that the Democrats have chosen to continue their dithering while New Mexico's private sector collapses", Harper said in a statement.

Business

OPEC agrees to extend oil production cut for nine months

While the earlier announcement helped lift prices from a low of $46, on Thursday, however, prices slipped almost 1.5 per cent. Brent crude oil , the worldwide benchmark, also dipped to $51.71 or 4%. "But this is all they could get, and that's disappointing to the market". OPEC members typically do not comply with quota agreements, and USA shale producers are likely to continue flooding the market, according to Tortoise Capital Advisors.

Business

Congressman and former MMA fighter weighs in on reporter 'body slam'

GOP lawmakers emerging from a closed-door caucus meeting on Capitol Hill on Thursday said they didn't know the facts about Republican Greg Gianforte being charged with misdemeanor assault . Rep. Steve Stivers of OH, who chairs the House GOP campaign committee, said: "From what I know of Greg Gianforte , this was totally out of character, but we all make mistakes".

Business

OPEC extends agreement on oil production cut

Falih told reporters at the start of the meeting at the headquarters of the Organization of the Petroleum Exporting Countries that this was "almost certain.to do the trick". West Texas Intermediate was off 46 cents at $50.90 per barrel. "In our view, OPEC will no longer be able to stabilise prices at or above $55 per barrel", Andlauer said, calling OPEC's way of looking at the market "old- fashioned".

Business

Crude below $50 as OPEC disappoints with 'safe bet' extension

The cuts are likely to be shared again by a dozen non-members led by top oil producer Russian Federation, which reduced output in tandem with the Organization of the Petroleum Exporting Countries from January. With the deal due to expire at the end of June, one participant said the group had opted for a nine-month extension. The agreement proved to be partially successful, as it managed to keep the prices oil prices above $50 per barrel, giving a fiscal boost to major producers.

Business

China stocks end week higher, state-led buying offsets Moody's downgrade

The finance ministry denied that growth would suffer while a front-pade editorial in the People's Daily called Moody's "sloppy" and said the agency decision was based on inappropriate methodology, exaggerating difficulties facing the economy and underestimating the government's reform efforts.

Business

Wall Street closes higher after Fed minutes

CURRENCIES: The dollar rose to 111.66 yen from 111.50 yen. But officials also agreed they should hold off on raising interest rates until they knew a recent USA economic slowdown was temporary. For now it's unclear whether a June hike is in the cards. Philadelphia Fed President Patrick Harker said this week that a June hike "is a distinct possibility".

Business

P2P Global Investments PLC (P2P) Rating Reiterated by Liberum Capital

Among 16 analysts covering SIG PLC ( LON:SHI ), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 43% are positive. SIG PLC had 127 analyst reports since July 24, 2015 according to SRatingsIntel. Its down 0.06, from 0.93 in 2016Q3. It worsened, as 48 investors sold Paypoint plc shares while 91 reduced holdings. 28 funds opened positions while 43 raised stakes.

Business

Google tracks credit card spending to prove digital ads work

Copic said, "The privacy implications of this are pretty massive, so Google needs to tread very carefully". The kinds of data that Google is collecting also could become an inviting target for hackers, said Miro Copic, a marketing professor at San Diego State University.

Business

OPEC says it will extend production cuts through March 2018

The production cuts initiated last December by some of the world's largest crude producing nations will continue for at least another 9 months. Following the meeting, Saudi Arabian Energy Minister Khalid al-Falih lauded OPEC's consensus over the output cut.

Business

China Downgraded by Moody's As Debt Increases

However, it highlighted that official growth targets are likely to fall at a more gradual pace, given the importance the Chinese government attaches to them, "rendering the economy increasingly reliant on policy stimulus". The move indicates a higher perceived risk associated with Chinese sovereign bonds and therefore, it could increase the cost of state borrowing in the global money market .

Business

Oil prices fall even as OPEC extends output cut

OPEC and non-OPEC oil producers are gearing up to extend output cuts on Thursday, possibly by as long as 12 months, to help clear a global inventory overhang and to support crude prices. Benchmark Brent crude traded at $53.82 a barrel as of 3.14pm in London , down 0.3%, after earlier sliding 2.3%. OPEC and independent producers are working on institutionalizing the cooperation between them, but there is still a lot of work to be done in order to achieve this goal, according to ...

Business

Oil Drops After OPEC-Led Output Cut Extension Falls Below Expectations

Sterling fell 0.4 percent on Friday to $1.2906, its biggest one-day slide in over three weeks, after a YouGov poll showed Britain's opposition Labour Party had cut the lead of Prime Minister May's Conservatives to five points, less than a fortnight before a national election.

Business

Appeals court turns thumbs down on revised travel ban

Circuit Roger Gregory wrote for the majority. The courts have been key to preventing the enforcement of President Trump's hasty and harmful executive order which resulted in chaos and confusion across the country and has also left thousands of refugees in harm's way.

Business

Montana Congressional candidate accused of assaulting reporter

Gianforte's alleged assault targeted Ben Jacobs , a reporter with the The Guardian . The Democratic Congressional Campaign Committee called on Gianforte to resign late on Wednesday, saying he is "unhinged". The Republican candidate in a hotly contested special House election in Montana was charged with assaulting a journalist on Wednesday at what was to be a final rally in Bozeman on the eve of the vote.

Business

Eight arrested till now in Manchester bombing

A tribute to the victims of the Manchester Arena attack is displayed at Times Square in New York City, New York, US, May 24, 2017. Britain's official terror threat level has also been raised to "critical", the highest level, late on Tuesday.

Business

Ariana Grande Offers to Pay for Funerals of Concert Bombing Victims

But "part of that trust is knowing that intelligence can be shared confidently", she said. On Wednesday, the New York Times outraged British police and government officials when it published photos appearing to show debris from the attack.

Business

Total of seven people arrested over Manchester terror attack

Police said three men were arrested Wednesday in south Manchester, where a day earlier a 23-year-old man was also arrested and a number of homes were searched. He told French television that British intelligence services had told their counterparts in Paris the suspect "grew up in Britain and then suddenly, after a trip to Libya and then likely to Syria, became radicalized and chose to carry out this attack".

Business

OPEC and other nations extend output cuts

According to Reuters' report, Icaza Romero told reporters that "Six and nine months are both proposals on the table". The top oil producer in OPEC , Saudi Arabia, favours extending the output curbs by nine months rather than the initially planned six months, to speed up market rebalancing and prevent crude prices from sliding back below $50 per barrel.

Business

Unemployment drops across state, led by Middle Tennessee

The rate declined over the year as employers created more jobs. The number of jobs in Savannah in April decreased by 100, or 0.1 percent, to 179,700. The number of jobs in Warner Robins increased by 600 to 74,200. In Southeast Tennessee, unemployment was the lowest in Bradley County at 3.5 percent.


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