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Jeff Sessions's testimony raises more questions than it answers

Sessions's testimony, though, failed to put to rest any doubts Senate investigators, or the public, have about numerous matters relating to his recusal, and whether he is adhering to it. Can't see video below? Sessions was confronted during the hearing when he refused to answer questions about conversations that he had with President Trump.

Business

GE CEO Immelt stepping down, Flannery to take over role

GE also said that Jeff Bornstein, its chief financial officer, would be promoted to vice chairman. Mr Immelt won widespread praise in 2015 for a plan to sell the bulk of the volatile GE Capital business and closing the Alstom deal amid heavy political pressure in France.

Business

'An Appalling And Detestable Lie': 5 Highlights From Sessions' Senate Testimony

Sessions denied any collusion with Russian to meddle in the US presidential election, saying the accusations are "scurrilous", "appalling", "detestable". A friend of Trump's said Monday that the President was considering taking just such a step. Sessions responded: "I am not stonewalling". He later amended the record by revealing he had met with the Russian ambassador to the U.S., Sergey Kislyak , twice over the course of the 2016 campaign.

Business

Highlights from testimony of Attorney General Jeff Sessions

Deputy Press Secretary Sarah Sanders spoke with reporters not long after the hearing and said the president was able to watch parts of it. In his opening remarks, the attorney general addressed media reports that he had had several undisclosed contacts with Russian officials while working as a Trump campaign surrogate during the presidential race.

Business

It's Jeff Sessions' turn in the hot seat

Sessions had planned to appear before the Senate and House Appropriations Subcommittees, but the deputy attorney general will take his place, the letter said. "[Sessions] had already recused himself and then, suddenly, he's the one apparently recommending to the president that Comey be fired and the president has ...

Business

European Union mobile roaming fees 'may still catch you out'

Which countries are included in the ban? However, consumers are being warned to keep track of their tariffs to avoid unexpected costs. Travellers need to be careful about using their phones in some non-EU countries such as Switzerland and Andorra, as well as the Channel Islands and the Isle of Man, which are not formally part of the EU or even the European Economic Area (EEA).

Business

What Do Analysts Say About ON Semiconductor Corp. (ON)

Investors sentiment decreased to 1.22 in 2016 Q4. Its up 0.94, from 1.29 in 2016Q3. "Raises Stake in Cypress Semiconductor Corporation (CY )" was first posted by Transcript Daily and is the sole property of of Transcript Daily. The firm has "Buy" rating by Deutsche Bank given on Tuesday, September 20. (NYSE:FL) rating on Friday, August 12. Barclays Capital maintained it with "Overweight" rating and $150 target in Thursday, October 6 report.

Business

Crude Slips Again After Shock Rise in US Inventories

US stocks of crude oil and gasoline surprisingly rose last week as refinery runs declined and exports fell, the Energy Information Administration (EIA) said June 7. The concern is that that spat will lead the OPEC members to disregard their production-cutting agreement. Worldwide factors include the fact that South Africa imports both crude oil and finished products at a price set at the Global level, including shipping costs.

Business

London fire: Blaze engulfs apartment block in West London

Police said two people were being treated for smoke inhalation. The fire involved almost every floor of the 24-story building. London mayor Sadiq Khan tweeted: "Major incident declared at Grenfell Tower in Kensington" and urged people to follow London Fire Brigade on Twitter.

Business

Vijay Mallya hits out at Indian media over 'hate campaign' against him

However, during the proceedings Chief Magistrate Emma Louise Arbuthnot had taken a dig at Indian authorities over the delay in submitting proof in this high profile case. Mallya had recently been booed by Indian fans who had turned up to watch a match featuring the Indian cricket team in the ongoing ICC Champions Trophy.

Business

North Korea frees American student; parents say he's in coma

A hospital spokeswoman says Warmbier's family is expected to hold a news conference Thursday morning at Wyoming High School. The US government has refused to comment on Otto's condition out of respect for his family. It said its special envoy on North Korean policy met with North Korean foreign ministry representatives in Norway last month. Former NBA star Dennis Rodman will visit North Korea.

Business

Global Oil Glut Won't Subside in 2017, Says IEA

Oil prices settled higher on Tuesday after OPEC detailed supply cuts around the world, but the cartel also said overall production rose in May, and crude stayed well below $50 a barrel despite the modest recovery. But in what would presumably be a positive development for OPEC, a Reuters analysis of hedging disclosures by the 30 largest US shale companies shows that most stayed on the sidelines in the first three months of this year, compared to a year ago when they rushed to lock in ...

Business

Macron says 'door always open' for UK to stay in EU

The leaders of France and Britain Tuesday announced an anti-terror action plan to crack down on radicalization through social media. France and the United Kingdom will work with tech companies them to develop tools to identify and remove harmful material automatically, and push for them to urgently establish the industry-led forum agreed on at the Group of Seven (G7) summit.

Business

Anbang Insurance Group chairman steps aside, purportedly detained

The Chinese language magazine Caijing reported earlier Tuesday authorities had taken Wu away for investigation, reporting the China Insurance Regulatory Commission had met with the company's executives Saturday and informed them Wu had been taken away, the Morning Post reported.

Business

AG Healey among those suing President Trump for federal law violation

That means the standards are not legally enforceable. The rules, if implemented, would reduce planet-heating carbon dioxide emissions by more than 26 million metric tons per year - the equivalent of taking almost 5.5 million cars off the road - and would save U.S.

Business

Jeff Sessions, Ron Wyden tussle over James Comey's testimony

And he can expect questions about his involvement in Comey's May 9 firing , the circumstances surrounding his decision to recuse himself from the FBI's investigation, and whether any of his actions - such as interviewing candidates for the FBI director position or meeting with Trump about Comey - violated his recusal pledge.

Business

Network Ten goes into voluntary administration

Ten has been slugged in recent years by falling advertising revenues, with its share price collapsing from $20 10 years ago to 16c when trading in its shares was suspended from the ASX on Tuesday. Mr Gordon, who owns the WIN TV network, is the largest shareholder in Ten via the 15 per cent of the company he owns via his investment vehicle Birketu.

Business

George Osborne: Theresa May is a 'dead woman walking'

Former cabinet minister Nicky Morgan, who was also sacked by Mrs May, predicted that there could be a leadership challenge over the summer. Mr Osborne also said the chances of Britain crashing out of the European Union without any sort of deal would be scuppered by going into government with the DUP.

Business

Jeff Sessions knows 'nothing' about Russian hacking

Attorney General Jeff Sessions says he recused himself from the investigation into Trump campaign ties to Russian Federation because he was involved in the campaign. Sessions said he would "have to let [Trump's] words speak for themselves" and that he was "not sure what was in [Trump's] mind explicitly". Warner urged Jeff Sessions to turn over to the committee any documents and information about Justice Department procedures that Sessions could share, noting they could help "shed ...

Business

Dodd-Frank Act overhaul necessary to help boost economy

Senate Democrats' say they have little interest in reforming Wall Street regulations that aim to keep the country's financial system safe, and Republicans are bogged down with healthcare and tax policy, which may slow progress, Bloomberg reports .

Business

Alvaro Morata's Man United move is great news for Getafe

But Jose Mourinho has reportedly told him he will be one of the main men at Old Trafford if he joins next season. Real Madrid and Manchester United are set to reach an agreement over a fee for the transfer of Alvaro Morata by the end of today or tomorrow.

Business

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 ...


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