• President Trump Confirms He Is Under Investigation for Obstruction of Justice
President Trump Confirms He Is Under Investigation for Obstruction of Justice

Comey testified in a Senate hearing last week that he was sacked "because of the Russian Federation investigation", taking Trump at his word after the president made similar remarks during a television interview. Trump cited the memo in firing Comey. Peter Carr, a spokesman for Mueller told AFP he now has "13 attorneys on board, with several more...

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  • Senate backs measure limiting president's power to lift sanctions
Senate backs measure limiting president's power to lift sanctions

The legislation sets up a review process that would require Trump to get Congress' approval before taking any action to ease, suspend or lift any sanctions on Russian Federation. The libertarian-minded Sen. Rand Paul (R-KY) was the only other "no" vote against the bill. "Democrats and Republicans are joining together to warn the president h...

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  • Mueller investigating Jared Kushner's business dealings
Mueller investigating Jared Kushner's business dealings

The president expressed annoyance about news reports that the probe is now believed to include an examination of whether he obstructed justice by firing FBI Director James Comey , who had earlier led the Russian Federation investigation .

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  • Cosby's wife lashes out after sex-assault case declared mistrial
Cosby's wife lashes out after sex-assault case declared mistrial

Only one other accuser, Kelly Johnson, was allowed to testify as prosecutors sought to establish that Cosby had demonstrated a pattern of assault. Then, prosecutors would get four months to decide whether they want to retry Cosby or drop the charges.

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  • Expect crude oil prices to trade positive: Sushil Finance
Expect crude oil prices to trade positive: Sushil Finance

Additionally, the EIA reports that the largest global increase for crude oil will occur in quarter two of 2018, due to OPEC and Brazilian-driven production are on the rise. "The outlook for oil hinges on the effectiveness of the OPEC cuts relative to the supply increases from US shale", said William O'Loughlin, analyst at Australia's Rivkin...

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  • General Electric names Immelt replacement
General Electric names Immelt replacement

Flannery is replacing Chairman/CEO Jeffrey Immelt on those two dates. GE also said that Jeff Bornstein, its chief financial officer, would be promoted to vice chairman. Flannery, 55, will become CEO on August 1 and assume chairman duties following Immelt's retirement on December 31. GE has a reputation for taking advantage of tax breaks.

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  • Anglo American plc's (AAL)
Anglo American plc's (AAL) "Sell" Rating Reaffirmed at Liberum Capital

Berenberg maintained it with "Buy" rating and GBX 6200 target in Friday, July 31 report. Panmure Gordon maintained it with "Sell" rating and GBX 800 target in Monday, December 14 report. It has underperformed by 16.70% the S&P500. Since March 13, 2017, it had 5 insider buys, and 0 insider sales for $245,657 activity. Beshar Peter J sold $6.46 mil...

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  • London police: 58 people assumed dead in Grenfell Tower fire
London police: 58 people assumed dead in Grenfell Tower fire

May has outlined a series of measures to help those left homeless by the devastating fire which engulfed the 24-storey apartment block on Wednesday. "The recovery of victims from inside the building is enormously challenging, but it is our absolute priority above everything else to recover and identify the victims and let the families know", Met...

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  • Stock'S Earning Overview Barrick Gold Corporation (ABX)
Stock'S Earning Overview Barrick Gold Corporation (ABX)

Macy's Inc (NYSE:M) has declined 25.46% since June 15, 2016 and is downtrending. It has underperformed by 27.87% the S&P500. Barrick Gold Corp (TSE: ABX ) (NYSE:ABX)'s stock had its "outperform" rating reaffirmed by BMO Capital Markets in a report released on Thursday, May 25th.

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  • Kashkari Criticizes Fed Decision to Tighten Amid Low Inflation
Kashkari Criticizes Fed Decision to Tighten Amid Low Inflation

The price index for "core" personal consumption expenditures (an index excluding volatile food and energy prices which is useful for assessing the economy's inflationary momentum) has not been above the Fed's 2 percent target since early 2012, and has not been above it on a sustained basis in a decade.

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  • USA grocery stocks fall as Amazon becomes more powerful
USA grocery stocks fall as Amazon becomes more powerful

Whole Foods Market's deep commitment to all of our communities is going to remain as strong as ever, and our three Foundations can expect to continue to create value for their constituencies. The deal represents a dramatic turn in strategy for Amazon , which has offered food delivery through its Fresh service for a decade but has not made a major...

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  • Brits Are Upset With The Prime Minister's Response To The London Fire
Brits Are Upset With The Prime Minister's Response To The London Fire

Earlier this week, the London Fire Brigade was called to the fire in Kensington at 12:54 a.m. (BST) and at least 40 fire engines turned up to the scene and 200 firefighters spent almost a while day tackling the flames. Lammy, whose has a friend still unaccounted for in the disaster: "Don't let them tell you it's a tragedy". The officer said th...

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  • Weather: Father's Day Weekend
Weather: Father's Day Weekend

Dew points throughout the day will rise into the low-70s with highs in the mid-80s. Friday night , most showers are done and there shouldn't be any big weather issues for Friday night plans. The chance for afternoon storms, along with high heat and humidity, will linger into Father's Day weekend. Saturday will have a high of 80 degre...

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  • This Warriors Player Was The Drunkest At Team's NBA Finals After-Party
This Warriors Player Was The Drunkest At Team's NBA Finals After-Party

But if Durant instead opts to take a 20 percent raise from his contract this past season - planting him at a $31.8 million salary next season instead of the estimated $35.3 on the mega max - it would allow the Warriors to retain the rights of Iguodala and Livingston and pay them closer to what they'd obtain elsewhere.

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  • Jeff Immelt to retire as GE CEO, Flannery to succeed
Jeff Immelt to retire as GE CEO, Flannery to succeed

He led the company not only through the period following the attacks but also the 2008 crisis in financial markets. Yet investors were unimpressed. In his 16 years as CEO of the Boston-based company founded as a light bulb-maker by Thomas Edison in the late 1800s, Immelt took much of the blame for the lackluster stock performance.

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  • Top aides talked Trump out of firing Mueller
Top aides talked Trump out of firing Mueller

Ruddy did not immediately respond to questions seeking clarification. The reports follow Newsmax CEO and Trump confidante, Chris Ruddy , telling " PBS Newshour " he believes the president is considering firing Mueller . But the investigation by the Justice Department and probes carried out by two congressional committees have moved clo...

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  • Cosby accuser thanks prosecutors after mistrial
Cosby accuser thanks prosecutors after mistrial

The jury deliberated until Saturday morning, a sixth day, before informing Judge Steven O'Neill that they were hopelessly deadlocked . Cosby was charged with three counts of aggravated indecent assault against Constand, who is now living in Canada and is a massage therapist.

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  • Bill Cosby's Sexual Assault Case Ends In Mistrial
Bill Cosby's Sexual Assault Case Ends In Mistrial

Accuser Andrea Constand, who alleged Cosby drugged and molested her at his suburban Philadelphia home in 2004, responded to the decision. Bill Cosby speaks with members of the media as he departs from the Montgomery County Courthouse during his sexual assault trial in Norristown, Pa., Friday, June 16, 2017.

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  • All talk, few trades before NHL's expansion roster freeze
All talk, few trades before NHL's expansion roster freeze

They both knew they held some leverage in negotiations until Matt Puempel signed a one-year, $725,000 deal Wednesday, meaning the club met the minimum of two exposed forwards with a certain games-played requirement signed for next season. But Hextall ascertained he would not have to make a deal to gain relief for the Flyers . The team is still lo...

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  • Southern Baptists repudiate 'alt-right,' white supremacy
Southern Baptists repudiate 'alt-right,' white supremacy

However, he said that amid the disappointment of black members, was clear a large number of white Southern Baptists wanted to vote on the resolution . "I'm disappointed that we as a convention could leave the illusion that we don't reject the racist ideologies held by many in the alt-right movement", he said.

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