Florida Democratic Rep. Frederica Wilson responded to White House Chief of Staff John Kelly Friday, assailing him for him comments he made Thursday at the White House. Kelly, addressing reporters at the White House briefing, rebuked Wilson for her criticism of Trump’s comments on a call to the widow of […]
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Nestle CEO praised by Third Point but hedge fund still wants more
FILE PHOTO: Nestle CEO Ulf Mark Schneider speaks during the Nestle shareholders meeting in Lausanne, Switzerland, April 6, 2017. REUTERS/Denis Balibouse October 20, 2017 By Martinne Geller and Svea Herbst-Bayliss LONDON/BOSTON (Reuters) – Nine months into leading the world’s biggest packaged food company, Nestle SA <NESN.S> Chief Executive Mark Schneider […]
Breaking down the fiscal 2018 budget passed by Senate
By a vote of 51-49, Senate Republicans passed a fiscal 2018 budget right along party lines, with every single Democrat voting against the budget framework, and all Republicans, save for one, voting for it. The fiscal 2018 budget passed late-Thursday night is not a legally binding document, but it does […]
Bitcoin soars to record high above $6,000
Bitcoins are seen in this illustration picture taken September 27, 2017. REUTERS/Dado Ruvic/Illustration October 20, 2017 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet […]
Wells Fargo reportedly fires foreign exchange execs amid investigations
Wells Fargo fired four foreign-exchange executives amid an investigation into that business both internally and from regulators, The Wall Street Journal reported Friday, citing sources familiar with the matter. Wells Fargo confirmed the departures to the Journal and CNBC. Shares of Wells Fargo remained about 2 percent higher Friday afternoon. […]
Afghan soldiers in US for training are going AWOL
Facing a tense security situation at home and few apparent repercussions in the U.S., dozens of Afghan soldiers and security personnel who came to the U.S. for training have gone AWOL — and the number is increasing, according to the latest report from government’s oversight group for Afghanistan. Hundreds of […]
Drone footage captures apocalyptic aftermath of ISIS in Raqqa
Though victory has been declared in the battle against ISIS in the Syrian city of Raqqa, drone footage and photos show a city decimated by a months-long siege and years of civil war. Syrian Democratic Forces celebrated their hard-won victory around Naim Square, which was where ISIS fighters once carried […]
Trump promises tax cuts as Senate GOP paves way with budget
WASHINGTON – President Donald Trump promised tax cuts Friday “which will be the biggest in the history of our country” following Senate passage of a $4 trillion budget that lays the groundwork for Republicans’ promised tax legislation. Continue Reading Below Republicans hope to push the first tax overhaul in three […]
Tax reform adds more fuel to financials’ rally
U.S. stocks were poised to finish the week on a strong note, with major stock indices hovering near record highs, receiving another boost on Friday after the Senate passed a budget blueprint for the next fiscal year. Continue Reading Below The budget, passed late Thursday evening, paves the way for […]
Recalls this week: wind-up toys, ottomans, wood chippers
More than a half-million windup toys are being recalled this week because a piece poses a choking hazard to young children. Other recalled consumer products this week include off-highway vehicles and wood-chippers. Continue Reading Below Here’s a more detailed look: WINDUP MUSICAL TOYS DETAILS: Carter’s, Child of Mine, Guess How […]