Economy

Rain, thunderstorms in area forecast as tropical moisture moves north

Jackson County Emergency Management Coordinator Donald Langham said rainfall-induced flooding appears to be the main danger from Cindy. On Tuesday , Alabama Gov. A tropical storm watch is in effect for west of High Island to San Luis Pass in Texas . With the change, the NHC as the option to "issue advisories, watches, and warnings for disturbances that are not yet a tropical cyclone, but which pose the threat of bringing tropical storm or hurricane conditions to land areas within 48 hours". Read More

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Trump plans to release tax overhaul in early September

Ryan said he doesn't plan to "cast about for quick fixes and half-measures". "We need to get this done in 2017", he will say, according to excerpts distributed by his office. Other agenda items, most notably the overhaul of the healthcare system, also may hold up the progress, as well as the cloud of the investigation into ties between President Donald Trump's campaign and Russian Federation. Read More

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Qatar calls on United Nations to protect Gulf citizens' rights

But, Saudi joy at its diplomatic achievement was short-lived as its neighbour and partner in the Gulf Cooperation Council (GCC), Qatar , broke ranks. The revelation of these prosecutions now is unlikely to sway the Saudi-led coalition, which last week named 59 individuals and 12 organizations it considers to be involved in terrorism and most, it said, with ties to Qatar . Read More

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Trump faces new lawsuit alleging he violated the Constitution

Donald Trump is facing lawsuits from the attorney generals of Maryland and the District of Columbia alleging the the US President committed " unprecedented constitutional violations " by refusing to sell off his businesses. The president called an earlier, similar lawsuit about the emoluments issue "without merit, totally without merit". The White House cast the litigation as a political stunt, and said the president's business interests do not violate the Constitution. Read More

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TSX May Open Lower As Oil Slides on Rising Output

Riyadh is leading an effort by the Organization of the Petroleum Exporting Countries , Russia and other oil producers to cut output by nearly 1.8 million bpd until March 2018 to curb oversupply. Sentiment, however, turned negative later during the session, following OPEC's monthly report showing that output from the group rose by 336,000 barrels a day in May to 32.14 million barrels per day (bdp). Read More

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Paragon Group of Companies plc (PAG.L)

It has underperformed by 16.70% the S&P500. The firm earned "Buy" rating on Friday, July 1 by Citigroup. In general, if the reading goes above -20, the stock may be considered to be overbought. The firm has "Neutral" rating given on Thursday, January 28 by Barclays Capital. Investors sentiment decreased to 1.17 in 2016 Q4. Its up 0.05, from 1.05 in 2016Q3. Read More

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Drury's bat, Godley's arm lift D-backs over Brewers

Drury's bat, Godley's arm lift D-backs over Brewers

He dealt with a minor ankle injury during the early stage of past year but ended up playing 156 games. Early in his career, his changeup was his go-to pitch, his bread and butter. - This is the 10th series win for the D-backs in 2017. Milwaukee didn't score until Keon Broxton homered in the ninth off Silvino Bracho. Bracho's ERA is now 9.00. Read More

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Airline passenger group says no to airline control of FAA

Thune has previously suggested that there is not enough support on his committee to move an FAA reauthorization bill in the coming weeks that includes air traffic reform. So, that begs the question, is this a tax shift or really a tax cut? "You look at private ATC in other countries, and it has had a tremendously negative impact on general aviation". Read More

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Oil prices fall even as OPEC extends output cut

USA crude production last week was up by almost 500,000 barrels per day (bpd) from year-earlier levels, straining OPEC's efforts to reduce global oversupply. Gasoline stockpiles booked a drop of 2.9 million barrels last week, compared with a fall of 800,000 barrels in the previous week. OPEC Secretary-General Mohammad Barkindo and Russian Energy Minister Alexander Novak said Wednesday that they are looking for ways to formalize a permanent alliance among oil producers to take more control ... Read More

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New search underway near home of London Bridge attackers

New search underway near home of London Bridge attackers

Dozens of others were injured during the attack, including four police officers. Newspaper Corriere Della Sera reports that Zaghba was stopped in Italy in 2016, when he attempted to travel to Syria through Turkey . Security has become the number one issue and both main parties issued statements on Tuesday portraying their own positions on policing and intelligence as the most robust. Read More

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Eurozone growth at 2-year high but European Central Bank set to hold fire

Eurozone growth at 2-year high but European Central Bank set to hold fire

Eurostat, the European Union's statistics agency, said Thursday that economic growth across the region was a quarterly 0.6 percent in the January to March period, 0.1 percentage point up on the previous estimate. Granted, the official jobless rate is close to its lowest level in eight years, but employment hasn't yet reached its pre-crisis peak and many people work fewer hours than they would like. Read More

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Ranking US diplomat in China resigns

Donald Trump's choice as the new ambassador to China , former Iowa governor Terry Branstad , pictured, has yet to arrive in the country. Before becoming president, Mr Trump had said climate change was a hoax created by China to undermine United States manufacturing. Read More

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Australia's interest rate kept on hold at 1.50 pct

Australia's interest rate kept on hold at 1.50 pct

Net exports likely to have subtracted 0.7ppt from Q1 GDP growth. However, Dr Lowe noted that employment conditions remained mixed, with jobs growth strengthening while total hours worked and wage growth remained weak. 'They are going to overlook the slowdown in GDP as a temporary blip. The Reserve Bank of Australia slashed 300 basis points from borrowing costs between November 2011 and August past year to support non-resources industries as the economy transitions out of a mining ... Read More

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Will Cleveland figure out how to guard the Warriors in Game 2?

The Cavaliers got off once again on the wrong foot in the Finals due in large part to 20 turnovers and allowing the Warriors to pull down 14 offensive rebounds. Kerr said before Game 2 that he hadn't let his players know that he'd be making his comeback Sunday. Durant totaled 33 points and 13 rebounds, and Thompson added 22 points and shot 8-for-12 after a poor shooting performance in Game 1. Read More

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Law Enforcement Torch Run raising money for Special Olympics

Law Enforcement Torch Run raising money for Special Olympics

This event continues to grow as the single largest fund-raiser for the Illinois Special Olympics. As law enforcement officers run, each leg will hand off the Flame of Hope to a different agency. In previous years, law enforcement officers carried the torch - known as the Flame of Hope - in relay fashion from the Statehouse south through Topeka and Shawnee County, then through Osage County before handing it off to other officers at Beto Junction, near the Interstate 35 and US-75 highway ... Read More

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Coca-Cola European Partners plc (CCE) Shares Sold by Trexquant Investment LP

Coca-Cola European Partners plc (CCE) Shares Sold by Trexquant Investment LP

It has underperformed by 43.62% the S&P500. Mattel Incorporated (NASDAQ:MAT) had a decrease of 3.99% in short interest. About 1.04M shares traded. Its down 3.99% from 22.35 million shares previously. The stock has "Buy" rating by BMO Capital Markets on Thursday, March 23. Reliance Trust Co. of DE reduced its position in shares of The Coca-Cola Co (NYSE:KO) by 14.6% during the first quarter, according to its most recent filing with the SEC. Read More

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Uber fires autonomous auto researcher involved in lawsuit

Uber fires autonomous auto researcher involved in lawsuit

As Alphabet and Waymo claim that Levandowski took a significant trove of documents based upon Waymo's underlying technology (most notably LiDAR), to Uber. An article in NY yesterday, chronicled this departure and how he came to Uber by away of the Otto acquisition. A company spokesperson said that it had pushing him to comply with their own internal investigations to no avail. Read More

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Oil prices down sharply ahead of OPEC announcement

Oil prices down sharply ahead of OPEC announcement

The price rise this year has spurred growth in the USA shale industry , which is not participating in the output deal, thus slowing the market's rebalancing with global crude stocks still near record highs. But oil prices tumbled 5 per cent on Thursday as the outcome disappointed some investors who had been hoping for deeper production cuts or a further extension. Read More

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India boycotts China's global trade jamboree

India boycotts China's global trade jamboree

DIPLOMATS have voiced concern over China's ambitious "new Silk Road" plan, particularly over the transparency of the multi-billion dollar project, or apparent lack thereof. But numerous countries involved in the initiative - representing 60 percent of the world population and around a third of global gross domestic product - have poor records on corporate and political governance and there are fears China could run into trouble. Read More

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