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Trump budget slashes money for clean air and water programs

It would also give states more control of, and responsibility for, such spending. Trump's budget would cause disproportionate pain in the rural communities he promised to help - including those in Southern and Southwest Virginia and the Valley - by eliminating the Appalachian Regional Commission, the Economic Development Administration, and clean coal research that could help revitalize Southwest Virginia's economy. Read More »

Philly to Hold Vigil for Manchester Terrorist Attack Victims

The Islamic State group claimed responsibility for the carnage, though a top American intelligence official said the claim could not be verified. But Tuesday's claim first came from Islamic State's media branch, hinting the attacker had a more direct link to the group. Read More »

Under-fire Michael Flynn rejects Trump-Russia probe subpoena

Jason Chaffetz (R., Utah), Flynn told investigators in February that he only had "unsubstantial contact" with foreigners and that he did not receive income from foreign companies. FBI investigators are also examining Flynn's Russian contacts as part of their sprawling probe of the Kremlin's campaign to interfere in the 2016 election. Read More »

Ford to cut 10% of global workforce

Ford would not comment on job cuts when asked but did say it continued to be focused on core strategies in order to drive more profitable growth. To that end, Ford will make efforts at "reducing costs and becoming as lean and efficient as possible", said Moran, who offered no comment on rumours of major staffing reductions. Read More »

Greece demands debt relief from wary eurozone

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However, ministers concluded that Athens still had to take some further measures. He said "extra measures if required" would come after the bailout programme expires next year. The next Eurogroup meeting is scheduled to be held on June 15 in Luxembourg. He said 3.5 percent of gross domestic product was a high primary surplus target which, however, "we were forced to accept". Read More »

New Jersey's Newark Airport closes after plane engine fire

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Several passengers recorded videos of the commotion with their cell phones. He said other passengers responded with jeering, in Putonghua and English, and chants of " lock him up " when the man finally left the plane - a chant directed at Clinton during Trump rallies. Read More »

Experian plc (EXPN) Earns "Hold" Rating from Shore Capital

It has a 34.57 P/E ratio. EMIS Group plc provides healthcare software, information technology and related services in the United Kingdom. About 2.83M shares traded. They expect $0.90 earnings per share, up 13.92% or $0.11 from last year's $0.79 per share. Amp Capital Ltd holds 0.25% or 649,229 shares in its portfolio. Read More »

Former CIA Director John Brennan to Testify on Russian Meddling Investigation

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The House Intelligence Committee is one of four congressional committees investigating Russian interference in the 2016 presidential election and possible collusion between the Trump campaign and Russian officials . Brennan said it was possible for someone to be helpful to the Russian cause without realizing it. Brennan also mentions that Russian Federation was attempting to suborn individuals "knowingly or unknowingly", something Rohrabacher was warned about in 2012. Read More »

Trump budget calls for steep cuts to low-income support programs

President Donald Trump released his $4.1 trillion budget plan for fiscal year 2018 on Tuesday. But he drew rebukes, even from some Republican allies, for the plan's jarring, politically unrealistic cuts to the social safety net for the poor and a broad swath of other domestic programs. Read More »

Gold steady as market awaits Fed policy cues

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The dollar inched higher but held close to six-month lows against a basket of currencies as investors assessed the impact of the political turmoil in the United States . Last week, gold prices were higher on Friday and notched the largest weekly gain since mid-April as political uncertainty surrounding the Trump administration pressured the dollar lower, boosting demand for the precious metal. Read More »

Oil prices rise as expected decision to extend cuts nears

Late a year ago, the Organisation of the Petroleum Exporting Countries and non-OPEC members reached a deal to cut production by 1.8 million barrels a day for six months, staring from January 2017. Output cuts by OPEC and other producers have just started to bring down supply. The U.S. strategic petroleum reserves (SPR), the world's biggest, now stand around 688 million barrels, a week's worth of global oil demand. Read More »

Marks & Spencer's pre-tax profits slump as Q4 clothing sales drop

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M&S insisted it was "encouraged by early evidence that our strategy is working", with full-price sales up 2.7 per cent with strong growth in the second half, and total market share stabilising at the end of its financial year. However, the dividend was maintained at 18.7 pence. A year ago, we announced the results of the strategic review that will form the platform from which we will recover and then grow the business. Read More »

Trump's Budget Proposal Is Based On Some Pretty Optimistic Assumptions

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John Cornyn, R-Texas, said as he predicted the Medicaid cuts wouldn't survive the Senate. The proposal projects that this year's federal deficit will rise to $603 billion, up from $585 billion last year. "President Trump's budget proposal is devastating". McCain called the budget "illegal" because it exceeds spending caps set up in the Budget Control Act of 2011, which led to across-the-board spending cuts to most federal agencies and programs. Read More »

HSBC Holdings plc Lowers Debenhams Plc (DEB) Price Target to GBX 42

Janney Montgomery Scott Ltd Liability Corp has invested 0% in Land Securities Group plc (LON:LAND). (NYSE:CNK). Cullen Frost Bankers stated it has 34,527 shares or 0.05% of all its holdings. The rating was maintained by BNP Paribas with "Neutral" on Monday, July 11. The firm presently has a "reduce" rating on the stock. Deutsche Bank AG reissued a "buy" rating and issued a GBX 170 ($2.19) target price on shares of Ladbrokes Coral Group PLC in a research note on Thursday, March 30th. Read More »

Rouhani says Iran's ballistic missile program will continue

However, speculation has said that Trump may advise Israeli Prime Minister Benjamin Netanyahu to go for closer Israel-Gulf state cooperation as part of an effort to resolve the Israel-Palestine conflict, but also to counter-balance Iranian regional influence. Read More »

India's Tata Motors Q4 net profit falls 17 percent

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Consolidated profit before tax shed 12.26% to Rs 5166 crore in Q4 March 2017 over Q4 March 2016. JLR's earnings before interest, tax, depreciation and amortization margin widened to 14.5 percent in the three months ended March, from 9.3 percent in the previous quarter, according to the company's stock exchange filing Tuesday. Read More »

For The Second Time In Two Weeks, Judges Question Trump's Travel Ban

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Wall said President Trump has backed off the comments he made at the heat of his election campaign, clarifying that what he meant back then was terrorists not Muslims. Paez asked several questions that signaled possible concern about relying too much on Trump's campaign statements, which the challengers cited in arguing their constitutional claim. Read More »

Philippine president declares martial law on southern island: spokesman

He was referring to the two-decade rule of Ferdinand Marcos, marked by widespread human rights violations and massive corruption, which ended with a "People Power" revolution in 1986. Despite the extremists' moves, Lorenzana said the government remains in control of the situation in Marawi city and other security trouble spots in the south. Read More »

Tories in dementia tax U-turn as Theresa May to cap costs

She also set out plans to transfer a greater share of the cost of caring for elderly people from taxpayers to those who can afford to pay for their own care, including property owners who are the basis of support for her party, and to restrict a now universal winter fuel payment for older people. Read More »

Trump Sends Nafta Renegotiation Notice to Congress

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Late in April Trump had considered a full withdrawal from Nafta, but was persuaded by senior officials in his administration to pursue negotiations instead. According to the US census the United States exported more than $2 trillion worth of goods . "We are not satisfied to take a wait-and-see approach when it comes to any renegotiation of NAFTA", Wynne said in a statement. Read More »

Switzerland's Clariant, Huntsman of US in chemicals merger

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Clariant's chief executive officer Hariolf Kottmann will be HuntsmanClariant's chairman of the board, Hunstman president and CEO Peter Huntsman will be its chief executive and Jon Huntsman founder and chairman of the U.S. Huntsman CEO Peter Huntsman said he and counterpart Hariolf Kottmann formed a rapport over the years as each undertook a deep overhaul of their respective companies to offset heightened competition from Asia. Read More »

Strong US services growth balances softer industrials, PMI surveys show

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For the whole of 2017, the economy is expected to grow 1.6 percent. GBP/USD is supported in the range of 1.2920 levels and now trading at 1.2961 levels. The rise in the PMI follows the release of a monthly survey by the European Commission Friday that showed consumer confidence during May was at its highest level since August 2007. Read More »

China's credit rating downgraded over debt concerns

The downgrade comes as Beijing has been making efforts to clean up its lending practices , which have been viewed as a threat to financial stability. "This is like throwing cold water when everyone is optimistic about China's economy". "However, S&P has China one notch higher on AA- with a negative outlook since 31 March 2016.", they say. Read More »

Institutional Investor's Pro-Liberty Property Trust (NYSE:LPT) Sentiment In 2016 Q4

Volume on the day was 1.46 million shares. Capital Fund Management S.A. increased its position in shares of Columbia Property Trust Inc (NYSE:CXP) by 5.2% during the first quarter, Holdings Channel reports. The rating was maintained by FBR Capital with "Outperform" on Friday, February 26. Deutsche Bank maintained the stock with "Buy" rating in Friday, August 7 report. Read More »

Raids on PSG and two star soccer players

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Paris Saint-Germain's Angel Di Maria is among those being investigated in connection with the probe into the use of tax heavens to hide earnings from the marketing of image rights. Asked by EIC if it had benefited from illegal commissions, PSG said that "we have never received commissions from a company registered in a tax haven". Read More »

Iran's president criticizes US after Trump's sharp words

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Hassan Rouhani is still hoping that Europe will not adopt the same attitude as Donald Trump towards the Islamic Republic of Iran. At a weekend summit in Riyadh, Trump accused Iran of funding and arming "terrorists, militias and other extremist groups" in Iraq, Yemen, Lebanon and backing President Bashar al-Assad in Syria's civil war. Read More »

Iran's President Advises Saudi Arabia to Gain Power Through Ballot Boxes

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Rouhani, a pragmatist who won last week's presidential election , hit back hard by dismissing the summit as a "ceremonial (event) that had no political value and will bear no results". The U.S. stance against Iran is "deceptive and destructive" and attempts to undermine the sovereignty of the regional states besides supporting Israel, Qasemi said. Read More »

Trump Budget Deals 'Devastating Blow' To Low-Income Americans, Advocates Say

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Trump championed. $2.6 billion — The amount for border security, includes $1.6 billion to " plan , design, and construct a physical wall along the southern border". There is some new spending in Trump's plan for fiscal year 2018, which starts in October. "Absolutely not. We're simply trying to get things back in order to where we can look at the folks who pay the taxes, and say, look, yeah, we want to do some climate science, but we're not going to do some of the insane stuff the ... Read More »

Ronaldo: I'm not a devil, don't say stupid things about me

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Barcelona did what they had to do at the Nou Camp by coming back from 2-0 down to win 4-2 but it was too little to late and the title was Real's. Madrid took eight points from top-four opponents, yet Barca failed to win a third successive title due to surprise slip-ups against Alaves, Celta Vigo, Deportivo La Coruna and Malaga , all of whom were swatted aside by Real Madrid . Read More »

Russia, Saudi Arabia keen to keeping oil cutbacks

USA crude stockpiles probably fell by 2.75 million barrels last week, according to a Bloomberg survey before a government report Wednesday. The ministers agreed the deal should be extended through the first quarter of 2018 at the same volume of reductions, they said . Read More »

Trump budget calls for drawing private highway funding, more tolls

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If realized, the sale would raise $500 million in fiscal year 2018, beginning in October, and a total of $16.6 billion between 2018 and 2027, according to the budget proposal document. The Committee for a Responsible Federal Budget, a bipartisan public policy organisation, said the plan relied on "rosy assumptions", gimmicks and unrealistic cuts. Read More »

Trump, Abbas meet in Bethlehem

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But illustrating just how hard brokering a peace deal between the Israelis and the Palestinians will be, Abbas also raised the need for a two-state solution, a capital in East Jerusalem and an end to the illegal "occupation" of the West Bank. Read More »