If the government shuts down at 12:01AM EST on January 20th – exactly one year since President Donald Trump’s inauguration – it will be the first time the government has ever shut down under unified Republican control of government. In preparation for the potential shutdown, Office of Management and Budget […]
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GE shares stumble to worst week since financial crisis
General Electric (GE) shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week. Continue Reading Below Shares in the U.S. […]
Malfunction triggers sirens at North Carolina nuclear plant, authorities say
RALEIGH, N.C. — A malfunction caused public warning sirens to sound a false alarm Friday near a North Carolina nuclear power plant, authorities said. North Carolina’s Department of Public Safety said the sirens that sounded around 1 p.m. near the Harris Nuclear Plant were a false alarm. “There is NO […]
Oil prices fall as rally falters on growing U.S. output concerns
FILE PHOTO: A worker walks past a pump jack on an oil field owned by Bashneft in Bashkortostan, Russia, January 28, 2015. REUTERS/Sergei Karpukhin/File Photo January 19, 2018 By Bryan Sims Houston (Reuters) – Oil prices ended down on Friday and broke a four-week winning streak after a rally that […]
Bad timing: Shutdown threat shadows Trump 1-year festivities
Talk about lousy timing. President Donald Trump had hoped to spend the weekend celebrating the one-year anniversary of his inauguration. Now, he’s facing a potential government shutdown. Trump scrapped plans to depart Friday for his Mar-a-Lago club in Florida, where he was to attend a high-dollar fundraiser Saturday night. Instead, […]
Murphy orders review of New Jersey’s tax credit programs
PRINCETON, N.J. – Gov. Phil Murphy on Friday ordered an audit of programs that authorize billions of dollars’ worth of tax credits to companies. Continue Reading Below Murphy, a Democrat, signed the order at Tigerlabs, a co-working space, in Princeton. “Tax incentives play a role in smart economic development,” Murphy […]
Archer Daniels has made takeover approach to Bunge: WSJ
The world’s largest corn mill of global grain company Archer Daniels Midland is pictured in Decatur, Illinois March 16, 2015. REUTERS/Karl Plume January 19, 2018 (Reuters) – Agricultural trader Archer Daniels Midland Co <ADM.N> made a takeover approach to rival Bunge Ltd <BG.N>, the Wall Street Journal reported on Friday, […]
Why Fossil Group Inc Stock Spiked Today
What happened Continue Reading Below Shares of Fossil Group Inc (NASDAQ: FOSL) were surging Friday on rumors that a private equity company was considering taking a stake on the struggling watchmaker, according to mentions on Twitter. As a result, the stock closed up 10.1%. So what There were few details […]
Facebook to prioritize ‘trustworthy’ news sources
FILE PHOTO: Facebook Founder and CEO Mark Zuckerberg speaks on stage during the annual Facebook F8 developers conference in San Jose, California, U.S., April 18, 2017. REUTERS/Stephen Lam/File Photo January 19, 2018 By David Ingram SAN FRANCISCO (Reuters) – Facebook Inc will begin to prioritize “trustworthy” news outlets on its […]
What would a government shutdown mean for federal workers?
WASHINGTON – A government shutdown looming Friday would furlough roughly 800,000 federal workers, including Talana Morton-Smith, who is an IT specialist with the National Endowment for the Humanities. “We have mortgages, we have children in school, you know we have bills,” Morton-Smith said. She’d be left without a paycheck until […]