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Oil Falls to Three-Week Low on Rising U.S. Output

Brent crude futures, the worldwide benchmark for oil prices, were at $51.66 a barrel at 3.56am GMT, down 18c, or 0.4%, from their last close. The cutbacks have yet to drain crude inventories significantly, Reuters added. Increased U.S. drilling would put a strain on OPEC and other major producers' efforts to curb production in an effort to trim the global supply glut and stabilize prices.

Business

What Trump's Air Traffic Control Decision Really Means

On Wednesday, President Trump is planning to travel to Cincinnati to discuss the freight movement on inland waterways. "After billions and billions of tax dollars spent, and the many years of delays, we're still stuck with an ancient, broken, antiquated, terrible system that doesn't work", Trump said.

Business

Trump discusses health insurance in Wisconsin

The White House is trying to counter weeks of national attention on the investigation and the dismissal of FBI Director James Comey with a campaign to show him at work on the economy. Scott Walker to tour its apprenticeship program. Walker says the $1,000 per-person fundraiser will be "one of the biggest events we've ever had for a statewide elected official".

Business

Rosenstein Says He Has Seen No Reason to Remove Mueller

Still, he added , "I can't imagine that that issue is going to arise". The White House , however, said Trump and Ruddy have never discussed the issue. The former Federal Bureau of Investigation director also testified that the agency had believed Sessions was "inevitably going to recuse" for reasons he could not elaborate on.

Business

Uber CEO Kalanick takes leave of absence, to lose some power

One of the recommendations in the Holder report, released Tuesday, is to "review and reallocate the responsibilities of Travis Kalanick ". Kalanick told employees Tuesday that he'd be taking an indefinite leave of absence. "Implementing these recommendations will improve our culture, promote fairness and accountability, and establish processes and systems to ensure the mistakes of the past will not be repeated", Hornsey wrote.

Business

Travis Kalanick desperately fighting to keep role as Uber CEO

Uber has been rocked by accusations that it has fostered a climate of sexism and sexual harassment. The company has said that all recommendations from Holder's investigation are to be implemented. The Uber Technologies board of directors is scheduled to meet Sunday and could consider management changes for the online car-hailing company, according to media reports.

Business

US President Donald Trump willing to respond under oath

Asked if he had told Comey to drop the investigation, Trump said, "I didn't say that". "I think it's inappropriate for the president to testify publicly ", Graham said, "If you want to come to the judiciary committee and testify under oath, we'll put Comey right by you, it'd be the highest rated TV show in the history of the world - but it's not good for our democracy."Fox News reported ".

Business

YouTuber Austin Jones, known for scene covers, charged with child pornography

Asked by U.S. Magistrate Judge Michael Mason if he understood he's charged with two counts of production of child pornography, he answered quietly, "Yes, your honour". The complaint alleges that one of the underage girls sent Jones 15 videos, including 10 in which she exposed herself, while the other girl sent him 25 videos, eight of which included explicit content, the Chicago Sun-Times reports .

Business

What Are the Charts Saying About Iomart Group PLC (IOM.L)?

Koster Barbara sold $3.81 million worth of Prudential plc (LON:PRU) on Thursday, March 2. The rating was maintained by HSBC on Monday, November 28 with "Buy". The Firm is engaged in the sale and operation of passenger transport. It has a 29.28 P/E ratio. It operates through two segments: Broadcast & Online and ITV Studios.

Business

Democratic Senator Calls Out GOP For Fast-Tracking Health Care Bill

With an Obamacare repeal bill still being developed in the Senate, insurance companies are left in limbo when deciding to whether to participate in Obamacare markets in 2018 or rely on legislative progress. John Thune of South Dakota, John Barrasso of Wyoming, Cory Gardner of Colorado, Tom Cotton of Arkansas, Joni Ernst of Iowa and Orrin Hatch of Utah.

Business

Rosenstein says he's seen no good cause to fire Mueller

Now that Sessions recused himself from the Russian Federation investigation, then the authority to sack Mueller rests with Deputy Attorney General Rod Rosenstein . "Mr. Ruddy never spoke to the president regarding this issue", Spicer said. Later, when Ryan was asked if he had shared his thoughts about Mueller with Trump, Majority Leader Rep.

Business

Europe's central bank is done cutting rates

An afternoon recap of the day's most important business news, delivered weekdays. The ECB noted that monetary policy measures continue to support borrowing conditions. Draghi conceded that recent data suggest "a stronger momentum in the euro area economy , which is projected to expand at a somewhat faster pace than previously expected".

Business

Sessions heatedly denies improper Russian Federation contacts

Mueller", Sessions said . However, according to a source, Sessions is expected to claim executive privilege, insisting it would be inappropriate to discuss conversations with the president in an open setting. "Though I do recall several conversations that I had during that "Free Speech" reception, I do not have any recollection with meeting, talking to the Russian ambassador or any other Russian officials".

Business

Will Trump fire special counsel Robert Mueller?

One theory is that Ruddy was floating a trial balloon, to see how Trump's base would react to the thought of firing the special counsel. News about Mueller spread late Monday causing what White House correspondent April Ryan called "mass hysteria." What makes this guy, a top Democrat (!), think that the usually prostrate Republicans in Congress would defy Trump and piss off his voters, knowing they'll be accused of "collaborating with the enemy" or "aiding and abetting the deep ...

Business

Trump "100%" willing to testify under oath

The Senate Judiciary Committee, headed by Republican Senator Chuck Grassley, has requested the tapes . That's the point that Team Trump should be hammering, rather than threatening a complaint that will have zero chance of moving forward and have no impact on someone who's now in the private sector.

Business

British inflation jumps to four-year peak

The rise in May CPI provided further evidence of the continued impact of last year's sterling depreciation, with much of the impact from these coming from those components of the CPI that are more sensitive to movements in the exchange rate.

Business

Justice Department's Rosenstein assures Congress of special counsel's independence in Russian Federation probe

He is at the Senate committee and goes to the House one at 2 p.m. ET. Gingrich and Ruddy said it would be a "mistake" for Trump to remove Mueller, although both said they see the probe as unnecessary. Look who he is hiring.check fec reports. Just weeks ago, Gingrich had heaped praise on Mueller, hailing him as a "superb choice" for special counsel whose reputation was "impeccable for honesty and integrity".

Business

Kate praises 'remarkable' NHS staff treating victims of London Bridge terror attack

A group of British Muslims gave 3,000 roses to people on London Bridge on Sunday in a demonstration of solidarity following the van and knife rampage that left eight people dead and dozens injured, reported Press Association. "And actually, all staff in the NHS want these days is just to be recognised for what they do, because they get knocked for so much". Kate, 35, wanted to pay her respects to the staff who worked tirelessly on the night, and heard all about their traumatic ...

Business

Trump supporters turn on special counsel Mueller

A source close to the President told CNN's Jim Acosta that Trump is being counseled to steer clear of such a dramatic move like firing the special counsel. Donald Trump has laid blame on the Democrats arguing that the investigation is a "witch hunt" and an excuse by his opponents for why they were defeated.

Business

Porsche 911 GT2 RS debuts with Forza Motorsport 7

Leaked screenshots for the game had surfaced online earlier today, but due to the poor visual quality of the images GameZone chose to wait until the official announcement. While the rear of the actual vehicle was not shown during the presentation, it was shown in the virtual demo of the upcoming racing sim. This time round, it's likely the GT2 RS will only be available with the Porsche's seven-speed dual-clutch PDK transmission.

Business

Rosenstein Says He Wouldn't Fire Special Counsel Mueller Without Good Cause

The top Democrat on the House Intelligence committee says Congress would not sit still if President Donald Trump chose to fire the special counsel leading the investigation into Russian interference in the USA election and possible collusion with Trump's campaign.

Business

Trump Accuses 'Cowardly' Comey Of More Leaks

And Trump repeated his criticism on Sunday, writing: "I believe the James Comey leaks will be far more prevalent than anyone ever thought possible. On Thursday, the Justice Department said that Sessions had made a decision to recuse himself because of his role in Trump's presidential campaign, saying "it was for that reason and that reason only".

Business

'Congress should intervene': Gingrich airs his, Trump's concerns about Robert Mueller

It all began with Christopher Ruddy, the chief executive of the conservative Newsmax Media and Trump's friend, suggesting after a visit to the White House that Trump might fire Mueller . "Comey testified he ran things by Mueller before he testified, also ran things by other people in the Justice Department when he did the memo". Still, Gingrich said any special counsel with an agenda can "all of the sudden find something procedural and technical to latch onto".

Business

Trump praises House vote to dismantle Dodd-Frank

Trump promised during his campaign to "dismantle" Dodd-Frank, but never specified how he would want to change or amend the law. President Donald Trump sent his congratulations to House Financial Services Committee chairman Jeb Hensarling after the House passed his legislation repealing parts of the Dodd-Frank Act.

Business

No longer out of bounds: Trump allies question Mueller probe

The White House wouldn't deny or confirm the report and said, "only the president or his attorneys are authorized to comment". Mueller was succeeded by James Comey , who was sacked by Trump last month while he was overseeing the investigation into potential Russian interference into last year's election and potential collusion with the Trump presidential campaign.

Business

Champions Trophy: Australia vs Bangladesh, match abandoned due to rain

As a result, Australia are struck with two points in two games with both ending in no result while Bangladesh have opened their account in the tournament after losing the opening game to England . "I thought all our bowlers were a lot better today". "We hit some good areas early on and challenged the defence of the Bangladeshi batsmen". Aware that ominous clouds were gusting in, Australia needed to get off to a fast start to have a chance of winning on the D/L rule if the required 20 ...

Business

Does Tesla Inc (TSLA) Have Any Gas After Today's Huge Increase?

The firm has "Speculative Buy" rating by Beaufort Securities given on Monday, August 17. Goldman Sachs downgraded Tesla Inc (NASDAQ:TSLA) on Thursday, October 6 to "Neutral" rating. Berenberg Bank raised shares of Tesla from a "hold" rating to a "buy" rating and raised their target price for the company from $193.00 to $464.00 in a research report on Tuesday.

Business

Golden State Warriors seal 4-1 victory over Cleveland Cavaliers

In the process, the Warriors may be looking at the beginning of a dynasty. But three-time champion LeBron said he had no reason to feel sorry for himself. An ambition like that leaves little margin for error. Perhaps the biggest surprise of the half was the fact that Kevin Love did not score at all.

Business

Wholesale prices were flat in May

Rising energy prices along with a bump in other commodities had been pushing producer prices up, but the trend weakened last month. The announcement comes as the Federal Reserve meets to consider raising the federal funds rate amid a relatively strong job market, the Associated Press reports .

Business

Uber board member apologies for remark about talkative women

Huffington said that when "there's one woman on the board, it's much more likely that there will be a second woman on the board". Huffington: "Oh, come on, David". Attorney General Eric Holder. Bonderman later apologized for the "disrespectful remark" in a statement provided to Business Insider . "Don't worry, David will have a lot of talking to do as well".

Business

Does Delcath Systems, Inc. (DCTH)'s current closing price competes the market?

Annual EPS Growth of past 5 years is 42.90%. The stock, after opening at $0.06, closed at $0.0625 by scoring 48.10%. When we divide the current volume by the three-month average volume, we get a relative volume of 3.71. Its last month's stock price volatility remained 63.13% which for the week stands at 30.65%. A lower P/B ratio could mean that the stock is undervalued.

Business

AG Rosenstein sees no reason to fire Mueller

One would think that history would be enough to persuade Trump that firing Mueller is a road he doesn't want to travel. Rosenstein testified that he is the only one who has the authority to fire Mueller, who was appointed following the May 9 ousting of James Comey as Federal Bureau of Investigation director, and that he had seen no good cause to do so.

Business

Paul Ryan: 'Let Robert Mueller Do His Job'

Rosenstein said Trump has not discussed the special counsel with him. In his interview , Ruddy said Trump had interviewed Mueller for the position of Federal Bureau of Investigation director several days before Rosenstein appointed him special counsel.

Business

Attorney General Jeff Sessions to testify before Senate Tuesday

The Justice Department has said Sessions recused himself in March because of his involvement in Trump's campaign, but in his dramatic appearance last Thursday, Comey said the Federal Bureau of Investigation knew of information that would have made it " problematic " for Sessions to be involved.

Business

Next Century Growth Investors LLC Maintains Position in BHP Billiton Limited (BHP)

It has underperformed by 31.85% the S&P500. Toronto Dominion Bank now owns 4,669 shares of the mining company's stock worth $170,000 after buying an additional 519 shares in the last quarter. AeroCentury Corp. acquires used regional aircraft and aircraft engines for lease to regional carriers all over the world. Among 2 analysts covering BHP Billiton (NYSE: BBL ), 2 have Buy rating, 0 Sell and 0 Hold.


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