Economy

Judge orders prosecutors to charge Amtrak engineer in crash

Pennsylvania Attorney General Josh Shapiro expanded on charges a Philadelphia judge approved a day earlier after the family of a woman killed in the crash sought a private criminal complaint. Earlier this week, Philadelphia District Attorney Seth Williams announced that he would not press charges against Bostian because there was no evidence of criminal intent or responsibility. [Full Article...]

Ex-gymnast: Sex assault by Michigan doctor was 'humiliating'

Ex-gymnast: Sex assault by Michigan doctor was 'humiliating' Four more are scheduled to testify within the next month. The alleged victims testified Nassar, who was considered the gold standard among sports doctors for gymnasts, would touch and penetrate them vaginally and anally during treatments. [Full Article...]

Lawmakers who supported GOP health care bill get ad boost

And after a very short while, insurers will be able to refuse to cover such people altogether. The aide said that Senator John Cornyn (R-TX) spoke about auto-enrollment at the Senate health working group and it was "well received". Trump's tax reform plan - which still lacks key policy details - is opposed by 52% to 30% of American voters. Republicans incorrectly call their plan a "replacement... [Full Article...]

Warren Buffett Tells Value Investors To Resist The Temptation To Speculate

Buffett also defended Berkshire's foray into airlines, where it is a top investor in the country's big four carriers, American Airlines, Delta Air Lines, Southwest Airlines Co and United Continental Holdings. Buffett has always been wary of the airline sector and its ability to go broke. Still, Buffett said that layoffs were sometimes necessary to make companies more productive. [Full Article...]

Macron team announces candidates for June parliamentary election

All that's missing, it seems, are a butcher, a baker and a candlestick-maker. Macron has said half of the candidates for his year-old Republique en Marche (Republic on the Move) for the 577 seats up for grabs in June 11-18 elections will be newcomers, meaning a diverse range of figures from business, civil service, local activism and academia are set to make their first foray into politics. [Full Article...]

Stamp Out Hunger Day brings in local donations for Second Harvest

Stamp Out Hunger Day brings in local donations for Second Harvest Over the course of the 24-year history, the Stamp Out Hunger Food Drive has collected more than one billion pounds of food across the nation. This weekend the weather was not enough for carriers to fight hunger across coastal Georgia. This year the goal is to collect at least 50,000 pound of food. The Food Bank of Manatee provides nutritional assistance and supportive services to individuals... [Full Article...]

China and U.S. reach agreement on beef, poultry, natural gas

China and U.S. reach agreement on beef, poultry, natural gas Nebraska is the leading exporter of red meat in the U.S. Farmers exported more than $1.1 billion worth of beef past year. The latest trade deal is the culmination of several years of talks between trade officials representing the two countries and includes an agreement that the USA also be allowed to export liquified natural gas to China . [Full Article...]

RELX PLC (NYSE:RELX) Valuation According To Analysts

The SI to Corenergy Infrastructure Trust N's float is 9.32%. Over the last twelve months Compass Group's stock price has increased by 29.14% from 1233.56 to 1593. Among 31 analysts covering AstraZeneca PLC ( LON:AZN ), 15 have Buy rating, 5 Sell and 11 Hold. Therefore 88% are positive. Interserve plc has a 52 week low of GBX 205.00 and a 52 week high of GBX 449.38. [Full Article...]

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

China's narrow-body C919 jet makes maiden flight from Shanghai Crew members of the C919, China's first homegrown large passenger plane, wave at spectators in Shanghai on Friday after the plane completed its first test flight. "The large passenger aircraft flying in the blue sky makes generations of Chinese people's dream come true". The next step in Comac's evolution as an aircraft manufacturer is now likely to be the development of China's first long-hau... [Full Article...]

Donald Trump warns James Comey over 'leaks' in explosive Twitter rant

In the runup to the inauguration, a senior administration official told Esquire that the transition team was considering evicting the White House press corps from the James Brady briefing room. At the Senate hearing, Mr McCabe testified it was not typical practice to tell people they were not a target of an investigation. The White House released a new timeline of events. [Full Article...]

Takeaways From Buffett's Address To Berkshire AGM

But he said Berkshire has an internal "hotline" to flag possible misbehavior, which gets 4,000 calls a year. Buffett has, in the past year or so, amassed a sizable stake in the company. However, he said the USA must do more to help Americans who lose their jobs to overseas competition and technology, saying, "Nobody should be roadkill". [Full Article...]

Analysts At Piper Jaffray Indicated Kohl's Corporation (NYSE:KSS) As Hold

Analysts At Piper Jaffray Indicated Kohl's Corporation (NYSE:KSS) As Hold Cambridge Investment Research Advisors Inc. now owns 18,814 shares of the company's stock worth $749,000 after buying an additional 4,346 shares in the last quarter. The ex-dividend date is Monday, June 5th. Kohl's Co.'s payout ratio is presently 61.16%. ( KSS ) is a good investment, however if the market is weaker then it could suggest that the shares are undervalued. [Full Article...]

Oil rises on falling United States stockpiles, Saudi cuts to Asia

Oil prices have erased the gains achieved since November, when OPEC and other producers, including Russian Federation, agreed to cut output by about 1.8 million barrels per day (bpd). "It is starting to become clear that if the objective of the OPEC cuts was to flip the market from surplus into deficit that is now slowly beginning to happen", he said and pointed to the chart below. [Full Article...]

OPEC asks USA to cut oil output and prosper global economy

The oil price has bounced back above $50 after fears about over-supply sent it plunging last week. The worldwide benchmark, Brent crude, fall to a five month low of $46.64 a barrel that put OPEC's effectiveness under doubt. Overnight, crude futures settled higher on Wednesday, as investors cheered the latest report from the Energy Information Administration (EIA), showing USA crude inventories f... [Full Article...]

BP, JV Partner Kosmos Energy Find Major Gas Offshore Senegal

BP, JV Partner Kosmos Energy Find Major Gas Offshore Senegal BP and joint venture partner Kosmos Energy have revealed a major gas discovery off Senegal, adding to other recent finds off the West African coast. The Yakaar-1 exploration well was drilled to a total depth of approximately 4,700 meters in almost 2,550 metres of water by the Atwood Achiever drillship. [Full Article...]

Citymapper prepares to launch London bus service pilot

Citymapper prepares to launch London bus service pilot For now though, London can try out the future of buses for free. If you've been through the unusual experience of an UberPool, pay attention as this is the style of "shared mobility" Citymapper are basing their new bus project on - but bigger. [Full Article...]

Canada rejects U.S. duties on lumber as 'baseless'

Canada rejects U.S. duties on lumber as 'baseless' A US Treasury spokesman said Mnuchin will brief his counterparts in Bari on the Trump administration's still-emerging plans to revamp the US tax system - with major cuts for businesses - and ease regulatory burdens. President Donald Trump. In a possible sign of friction to come, Mnuchin ruffled the hosts on Thursday evening by bluntly asking Padoan a question about the stability of Italy's banks... [Full Article...]

JK: School to be renamed after slain hero Lt. Ummer Fayaz

JK: School to be renamed after slain hero Lt. Ummer Fayaz Fayaz, a Rajputana Rifles officer, was kidnapped from a relative's home and killed. The bullet-riddled body of 23-year-old Lieutenant Ummer Fayaz from Kashmir was found in Harmen area of Shopian on Wednesday morning, hours after he was abducted by militants from Batpura village. [Full Article...]

Deals Rumor Mill: Abercrombie & Fitch, Dominion Diamond, HCG

Deals Rumor Mill: Abercrombie & Fitch, Dominion Diamond, HCG Alpha One also gave media coverage about the apparel retailer an impact score of 86 out of 100, meaning that recent media coverage is very likely to have an effect on the stock's share price in the near term. Abercrombie & Fitch Company had its "neutral" rating reiterated by analysts at UBS. (NYSE: ANF ) for 1.46 million shares. If you are accessing this report on another website, it was illegal... [Full Article...]

Ex-French PM Valls wants to be Macron candidate

Ex-French PM Valls wants to be Macron candidate The two-stage legislative elections on June 11 and 18 will decide whether a new party created by 39-year-old Macron , who is due formally to take power on Sunday, will win enough seats to allow him to govern effectively for the next five years. [Full Article...]


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