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ICI, credit unions support committee passage of Financial Choice Act

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The committee voted 34-26 in favor of the legislation, known as the Financial CHOICE Act , which will soon be up for a larger vote within the House of Representatives. Powerful bank lobbies, such as the American Bankers Association, Independent Community Bankers of America and Consumer Bankers Association, have lined up behind Hensarling's bill, the most expansive effort to reduce financial regulations imposed in Dodd-Frank. Read More »

South Korea, CIA accused of plot to assassinate Kim Jong

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Tony Kim, who also goes by his Korean name, Kim Sang-duk, is a 58-year-old American citizen who was temporarily teaching an accounting course at the Pyongyang University of Science and Technology. US officials say North Korea must agree to give up its weapons programs if it wants formal talks to resume. Two weeks ago the North arrested Tony Kim, a U.S. Read More »

Warren Buffett says people who lose their jobs have become 'roadkill'

Billionaire investor Warren Buffett on Saturday criticized the bill House Republicans passed this week aimed at repealing and replacing ObamaCare, calling it "a huge tax cut for guys like me". Buffett, speaking to a crowd of tens of thousands in Omaha, said the cost of health care hurts businesses way more than corporate taxes. Buffett said if the bill pushed by President Donald Trump was in effect past year, his federal income taxes would have gone down by 17 percent. Read More »

Aetna pulls out of last ObamaCare markets

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The company had already pulled out of most ObamaCare markets, but announced that it is leaving DE and Nebraska. Obamacare's markets are becoming increasingly vulnerable as major health insurers pull out, citing huge losses. Beginning in 2018, Humana will no longer offer any policies in the individual market. Aetna has taken a more negative outlook on the viability of the ObamaCare marketplaces than many other insurers. Read More »

China Launches first Domestic Jetliner

Last year, COMAC told the media that it had already received 570 orders for the C919 from 23 customers. With the flight, the official Xinhua News Agency said China had become "one of the world's top makers of jumbo aircraft", the fourth large jet producer after the US, Europe and Russian Federation. Read More »

Fed holds interest rates steady, dismisses first-quarter slump as 'transitory'

Federal Reserve officials left interest rates unchanged while signaling they'll look past a recent deceleration in USA economic growth and stay on a gradual path of policy tightening. Before the announcement, investors had put the odds of a rate hike on Wednesday at 5%, according to the FedWatch Tool by the CME Group futures exchange. Read More »

5 dead following fiery, 2-vehicle crash in Michigan

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Dunn was one of five people killed in a vehicle crash Tuesday, May 9, in Livingston County. Corrections Department spokesman Chris Gautz says her 70-year-old mother also died. Also riding in that vehicle was 69-year-old Linda Hurley of Macomb County and 73-year-old Jerome Tortomasi of Macomb County. Michigan State Police have released the names of all of the people involved in a deadly two auto accident that occurred on M-59. Read More »

Kiwi slides as NZ c.bank retains inflation outlook, neutral rate bias

In the statement accompanying the rate call this morning, RBNZ governor Graeme Wheeler said monetary policy "will remain accommodative for a considerable period". The New Zealand dollar fell sharply immediately following the release of the Reserve Bank of New Zealand (RBNZ) statement, dropping 1.4 percent to an 11-month low of $0.6843. Read More »

Chibok girl 'refused to be released'

The Federal Government says the statement by a faction of PDP criticizing the process leading to the release of the 82 Chibok girls further exhibits the party's disdain for human life. Borno State Governor Kashim Shettima, yesterday led stakeholders and elders from Chibok community to the DSS Medical Centre, where they met the 82 Chibok schoolgirls recently freed by Boko Haram . Read More »

Wreath lying ceremony of Lieutenant Umar Fayaz held with full honor

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Suspected Kashmiri militants kidnapped and shot dead an Indian army officer, the Indian military said Wednesday. This young officer from J&K was a role model. "This marks a watershed moment in Kashmir valley..." He also informed reporters that the army was committed to bringing the perpetrators of the heinous terror attack to justice. Read More »

Refurbished Samsung Galaxy Note 7 may be launched soon

As everyone knows by now, the previous handset in the Galaxy Note series, Note7, suffered from the ignominy of multiple worldwide recalls and more than $5 billion in damages, as it was found to be exploding involuntarily especially during charging. Read More »

US puts 20% duty on BC lumber exports

It said Mr Trudeau confirmed that Canada would uphold the North American Free Trade Agreement (Nafta), which gives the USA duty-free access for milk protein substances, but that his country would "continue to defend its interests". It said Canada would "vigorously defend" the interests of its lumber industry and "would continue to defend its interests" in milk products. Lumber and dairy are longstanding irritants - and were also a problem file under previous presidents. Read More »

Pres. Trump proposes major tax cuts for individuals, businesses

Topics include reforms in health care, taxes, and entitlements. Trump's massive tax cut is a solution in search of a problem. Capitol Hill and the construction world are eagerly awaiting Trump's yet-to-be officially released plan which the administration has touted will give a face lift to the nation's roads and bridges, while also funding other projects like water systems and internet access. Read More »

Trump tax plan draws mixed response

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But Trump was elected on a promise to jump-start the economy and produce "jobs, jobs, jobs" - and his opening move puts that goal at the heart of the tax-reform fight. Much of Trump's income from his various businesses are taxed as "pass-through" corporations, a category that requires owners under current rules to pay individual tax rates as high as 39.6 percent. Read More »

Cisco Systems, Inc. (CSCO) Downgraded to "Market Perform" at BMO Capital Markets

The institutional investor owned 9,968 shares of the network equipment provider's stock at the end of the first quarter. Charter Trust Co. raised its stake in Cisco Systems by 0.5% in the first quarter. 3,027 Cisco Systems , Inc. "(CSCO) Downgraded to "Market Perform" at BMO Capital Markets" was originally published by Sports Perspectives and is owned by of Sports Perspectives. Read More »

Peel Hunt retained EI Group Plc (LON:EIG) as 'Add'

The Oklahoma Banking segment provides deposit and lending services and consists of residential mortgage lending services to customers. The stock's average target of $72.40 is 10.62% above today's ($65.45) share price. (NASDAQ:WFM) earned "Outperform" rating by Oppenheimer on Thursday, November 5. The stock declined 1.55% or $0.43 reaching $27.65 per share. About 565,133 shares traded. Read More »

Ryan Seacrest Nabs Live With Kelly Co-Hosting Spot

For the uninitiated, LIVE happens to be the among the top daytime entertainment talk shows now airing in the United States. On Sunday, Ripa teased that she would announce a new collaborator on air-and on Monday, CNN's Brian Stelter and Chloe Melas broke the news early. Read More »

Suspect in DE trooper shooting remains in standoff with police

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The University of Delaware Police said in a Facebook post , "Our thoughts and prayers are with the Delaware State Police during this time". McQueen detailed the events leading up to the officer's death, stating that the trooper observed a suspicious looking vehicle at a little after noon in the parking lot of the Wawa convenience store near Glasgow. Read More »

Families ask why arrest in serial shooter case took so long

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Rosa Pastrana, the head of a neighborhood watch group in the area where most of the shootings took place, told the Associated Press she felt relieved after hearing about Saucedo's arrest. But detectives with the Arizona Department of Public Safety never conducted ballistics tests on the gun and returned it to the pawn shop five days later once they ruled out the weapon in the freeway shootings. Read More »

Major US airlines grilled before Congress after passenger's violent removal

The chairman of the House Transportation Committee is urging United Airlines and other carriers to use the notoriety of a passenger's removal from a United flight to make changes that improve customer service. Fellow passengers shot video of the incident, sparking backlash against the airline, which initially resisted taking blame. Executives from United, Alaska, Southwest, and American Airlines answered House Transportation Committee questions after incidents where a United Airlines ... Read More »

Congress Budget Deal Cuts Border Wall Plan Short

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Trump's embrace of a potential government shutdown came days after he accused Senate Democrats of seeking such an outcome and obstructing majority Republicans during recent budget negotiations. But Trump and the administration have put on a full-court press to push back on the idea that they did not get what they wanted. But Trump and his top advisers grew frustrated with Democrats' claiming victory that they made a decision to lay out their plans on Tuesday, the officials said. Read More »

Labour leader vows to stay on regardless of election result

Mr Corbyn was quoted by BuzzFeed News as saying he would be "carrying on" regardless of the result on June 8, telling the website: "I was elected leader of this party and I'll stay leader of this party". Mr Corbyn replied: "There was a clear vote at the referendum a year ago but there is now the negotiations which have already begun, I sent a letter to president-elect Macron last night congratulating him on his election". Read More »

NZ dollar falls after Fed statement

Economists polled by Reuters expect USA employers to have added 185,000 jobs in April, up from 98,000 in March. Consumers should refinance their current loans soon before the anticipated Federal Reserve rate hikes occur later this year, saving thousands of dollars by paying less interest. Read More »

Merkel's conservatives defeat SPD rivals in northern state vote

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In Schleswig-Holstein, the SPD will defend an incumbent state premier - Torsten Albig - for the first time since Schulz's nomination as party leader. Guenther said that Merkel, in a phone call on Sunday, "encouraged us to make a change in government visible" in the state, adding that a tie-up with the SPD was "the last choice" for the CDU. Read More »

Donald Trump to meet senior Russian diplomat at the White House

Lavrov also told reporters that Trump and Russian President Vladimir Putin are expected to meet on the sidelines of the G-20 Summit in July. "We want to see the killing, the frightful killing, stopped in Syria as soon as possible and everyone is working towards that end", Trump told reporters. Read More »

Warren Buffett Says Berkshire Hathaway Stock May Start Paying Dividends

The billionaire investor was speaking at Berkshire Hathaway's annual shareholders' meeting in Omaha, Nebraska, which is attended every year by tens of thousands of investors and is referred to as the "Woodstock of capitalism". Buffett says United Airlines bungled the case of the passenger dragged off a plane in April 2017, and he is criticizing the CEO's handling of the incident. Read More »

Russian government releases photos of Oval Office meeting

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In reference to Tillerson's meeting, the State Department said Wednesday's agenda will include Syria, Ukraine and other bilateral issues. Russian foreign minister Sergey Lavrov picked an inauspicious time to visit Washington. "Please don't be angry with me". It said that Russian Federation developed a clear preference for Trump. The two men also discussed Syria and the need to defeat ISIS, with Lavrov saying that Trump had proposed de-escalation zones in a phone call to Russia President ... Read More »

Kushner Family Sell US Visas in China for $500000

Kushner Companies has already used EB-5 money for a project called Trump Bay Street in Jersey City, New Jersey, which raised $50 million, or one-quarter of its funding, from EB-5 investments, a company representative confirmed to CNN . Ethics filings corroborate that Kushner divested from the One Journal Square project, although he and his wife, Ivanka Trump, still benefit from investments in other Kushner Companies projects. Read More »

China's first large passenger jet makes maiden flight

The 80-minute flight was greeted with applause by more than 1,000 spectators on the tarmac, including Chinese Vice Premier Ma Kai and Shanghai Communist Party chief Han Zheng. But it was only in November 2015 that China unveiled the aircraft in public for the first time. The plane also relies on an array of overseas technology, with CFM International, a joint venture between General Electric's aerospace arm and a unit of French firm Safran supplying the engines. Read More »

Paddy Power Betfair enters fantasy land on back of USA sports acquisition

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Paddy Player Betfair, a major online gambling operator, just paid $19 million in cash to acquire Flatiron district-based Draft and gain a toe-hold in the US fantasy league market. The US fantasy sports market rocketed to $300 million last year and Paddy intends to pump in significant funds to grow the NY business, which is likely to lose $20 million this year. Read More »

US Federal Reserve holds interest rates steady

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But a subsequent hike isn't seen until at least December, when markets see a 52% chance of an increase in the Fed's benchmark rate. The statement - agreed unanimously - said: "The committee views the slowing in growth during the first quarter as likely to be transitory". Read More »