Author: 0 Buffett calls health bill a giveaway to wealthy

Alpern said more than 300 other companies have already adopted the approach she's pushing for, and she appreciates having the resolution process to press the issue. Nonetheless, the "hatred" pervading American politics could impede any such agreement between Democrats and Republicans, Munger said on CNBC . Buffett often calls on the USA to do more to help the working class and has said the tax system is tilted to benefit rich people like him, a point he pressed on Saturday.

Business Sinclair Broadcast Group acquires Tribune Media
Author: 0 Sinclair Broadcast Group acquires Tribune Media

Should Sinclair's acquisition of Tribune close-and the uncertainty over that issue could persist, as the FCC is still reviewing its ownership policies-the company would equal Salem Media as the most prolific United States corporate player in this space in the past seven-plus years.

Business Norman Powell is the Toronto Raptors' x-factor this postseason
Author: 0 Norman Powell is the Toronto Raptors' x-factor this postseason

The Bucks as a team scored 103.6 points per game and allowed just over 103.7 points per game. Rebounding from a 2-1 series deficit and an embarrassing 27-point loss in Game 3, the Raptors will face Cleveland a year after losing to the Cavaliers in the Eastern Conference finals in six games.

Author: 0 Snap shares whacked after earnings miss forecast

It burned through $104 million in cash in the first quarter of 2016, and lost $208 million during the first three months of 2017. That's an increase of over 2,000 percent in just a year. This would mean that Snap sold less than 62,000 Spectacles during the quarter. Mark Zuckerberg would later call Facebook's first year as a public company "extremely turbulent" but also said going public was a "valuable process" that helped him get to know his company much better than he did before.

Author: 0 Mishra accuses AAP of spreading lies over attack

Soon after Mishra began his hunger strike, he was attacked by a man claiming to be an "AAP supporter". NDTV .com report notes that Kapil Mishra's team claimed that Ankit Bharadwaj has identified himself as a supporter of Arvind Kejriwal's Aam Aadmi Party.

Author: 0 Rugby World Cup 2019 Pool Draw announced

Australia coach Michael Cheika will not take anything for granted at the 2019 Rugby World Cup despite receiving a comparatively kind draw. Defending champion New Zealand and South Africa, victor in 1995 and 2007, have been set against each other in Pool B .

Business House GOP blocks Dem efforts to protect consumer watchdog
Author: 0 House GOP blocks Dem efforts to protect consumer watchdog

Democrats also tried to preserve a new federal rule targeting consumers' retirement investments and the advice they receive from financial professionals. Republicans criticize the Dodd-Frank regulations as the primary driver for anemic economic growth in the US - a point Democrats repeatedly refuted during the hearing, arguing there is weak evidence to back up the GOP's claim.

Business Malaysia, North Korea Asian Cup qualifier to go ahead in Pyongyang
Author: 0 Malaysia, North Korea Asian Cup qualifier to go ahead in Pyongyang

According to North Korea's Korean Central News Agency , "A relevant institution of the DPRK detained American citizen Kim Hak Song on May 6 under a law of the DPRK on suspension of his hostile acts against it". Also being held hostage is a missionary, Kim Dong Chul , a 62-year-old Korean-American. He majored in agriculture and facilitated projects at Pyongyang University of Science and Technology to enhance the agriculture economy there.

Author: 0 Republican healthcare bill 'a huge tax cut for guys like me': Buffett

In October, Chief Executive Officer John Stumpf resigned after testifying to Congress on why the lender opened 2 million bank accounts without customers' permission. He said some of Berkshire's industrial units saw upticks in business this year, as have credit card companies such as Visa Inc V.N and American Express Co AXP.N , a longtime Berkshire investment.

Business Aetna to finalize exit from ACA exchanges
Author: 0 Aetna to finalize exit from ACA exchanges

The Connecticut-based insurer - third largest in the nation - already said last year it would pull out of 11 states, and earlier this year announced plans to exit Iowa and Virginia. The issue of health care still remains up in the air in Nebraska with just over a month to go before health insurers have to declare their intentions for selling policies in 2018.

Author: 0 Barclays Capital Gives Paysafe Group Plc Price Target With Potential 31.92% Upside

The SI to Pc-tel Incorporated's float is 0.2%. Over the last ninety days, insiders purchased 378 shares of company stock worth $369,020. About shares traded. Liberum Capital reissued their sell rating on shares of Pearson plc (LON:PSON) in a research report sent to investors on Friday, April 21st. Therefore 59% are positive.

Author: 0 US Fed likely to keep interest rates steady

Traders are awaiting U.S. non-farm payrolls for April, due out on Friday in the United States and expected to show the world's largest economy added 210,000 jobs last month, after a weaker-than-expected 98,000 in March. Many economists also discounted the weak first quarter, which was held down by lower consumption, as an anomaly frequently seen in the first three months of the year.

Author: 0 Kuwait Says Deal Near to Extend Oil Output Reduction

Top oil exporter Saudi Arabia said Monday it would "do whatever it takes" to rebalance a market that has been dogged by oversupply for over two years. Traders said the victory of Emmanuel Macron in the French presidential elections against far-right Marine Le Pen also supported oil prices as it raised hopes of a more stable European economy.

Business 5 dead following fiery, 2-vehicle crash in Michigan
Author: 0 5 dead following fiery, 2-vehicle crash in Michigan

One of two vehicles involved in a Livingston County crash that killed five people and hospitalized three. Initial reports show a auto traveling south on Argentine Road failed to stop at a stop sign and struck a vehicle traveling east on M-59, according to Lt.

Author: 0 Official Cash Rate unchanged at 1.75%

Despite a series of drops in OCR, term deposit rates have remained largely untouched over the last 12 months or so. 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.

Author: 0 Another 82 Boko Haram abductees freed, but scores still missing

He also described the release of the girls as "gallant and outstanding achievement by the Federal Government that should be commended by Nigerians". Yet the authorities inexplicably publicized the girls' names to news outlets, including via the social media handle of the president's media aide, Malam Garba Shehu .

Business Army Officer Kidnapped And Killed By Terrorists In Jammu And Kashmir
Author: 0 Army Officer Kidnapped And Killed By Terrorists In Jammu And Kashmir

Responding to the tragic murder of young army officer in a group of terrorists on 9th May, Rahul said in a couple of tweets, "His memory will nvr be forgotten". The anguished and angry locals demanded that the culprits be identified and punished. "Both police and Army had to leave the area", he said. There have been however attacks on police officials and security personnel, particularly in South Kashmir, which is considered a stronghold of terrorist activities.

Author: 0 Memory chip demand hands Samsung three year quarterly profits high

With the Q1 profit at 9.9 trillion won, Samsung's overall revenue reached 50.55 trillion won or $44.7 billion. Going forward, the firm said that in the second quarter, it expects to achieve growth thanks to the continuing robust memory performance, coupled with improved earnings from the mobile business following the global rollout of the Galaxy S8 and S8+.

Author: 0 Trump Phone Call With Trudeau on Dairy, Lumber Trade 'Amicable' - White House

In a press release, U.S. Secretary of Commerce Wilbur Ross said, "It has been a bad week for U.S". He made the comment on Tuesday while imposing sizeable tariffs on all softwood lumber that Canada sells to the US, apparently in retaliation for Canada's decision to close its market to ultra-filtered milk that originates on dairy farms across Wisconsin.

Business Analysts rated Cisco Systems, Inc. (CSCO) as Buy
Author: 0 Analysts rated Cisco Systems, Inc. (CSCO) as Buy

MD now owns 69,860,968 shares of the network equipment provider's stock worth $2,215,990,000 after buying an additional 3,555,286 shares during the period. "TRADEMARK VIOLATION NOTICE: "[[title]]" was published by [[site]] and is the sole property of of [[site]]. The original version of this story can be read at

Author: 0 Sensex, Nifty hit lifetime high on monsoon forecast

Also Bombay Stock Exchange (BSE) gained 1% to touch 30,271.60, its highest ever. Anand James, Chief Market Strategist of Geojit Financial Services, said: "IMD's bullish monsoon forecast eased concerns over El Nino weather conditions and added further legs to the ongoing rally".

Business Kelly Ripa Announces New Permanent Co-Host For
Author: 0 Kelly Ripa Announces New Permanent Co-Host For "Live With Kelly!"

Welcome to LIVE , Ryan Seacrest! In the fall NBC is introducing a new 9 a.m. show led by Megyn Kelly, who recently jumped from Fox News to NBC . Ripa's last co-host, Michael Strahan , left Live last spring after four years to join Good Morning America , leaving Ripa feeling blindsided .

Author: 0 Republicans Take Cover After Trump 'Shutdown' Tweet

Republicans negotiated the massive budget deal, leaving out funding for some of Trump's major priorities, like the border wall, but agreeing to spending many GOP supporters say they find problematic, like entitlement spending that fully funds Planned Parenthood.

Author: 0 General election 2017: All about Brexit?

Labour is lagging around 20 points behind the governing Conservative Party in opinion polls before the June 8 election , with May also overshadowing Corbyn on their popularity ratings. However, Corbyn told BuzzFeed .com earlier he would not resign, even if Labour saw equally poor results in the June 8 general election. What I would say is that is about the party as a whole, the policies we're putting forward as a whole, and the individual messenger is the person who's doing their ...

Author: 0 Federal Reserve: US economic slowdown temporary

Employers continued to hire at the start of 2017, averaging 178,000 net new jobs a month in the first quarter, and wage growth has begun to move up, suggesting tightness in the labour market. US consumer spending was unchanged in March for a second straight month while a measure of inflation fell for the first time in more than a year, but some economists see the weakness as only temporary.

Business New poll setback for German Social Democrats before state vote
Author: 0 New poll setback for German Social Democrats before state vote

Chancellor Angela Merkel's Christian Democratic Union (CDU) finished in first place while the outgoing coalition, an SPD-Green alliance with a small party representing the Danish minority, lost over five points, according to exit polls. "A good election result gives us motivation to go on fighting", said lawmaker Michael Grosse-Broemer, who heads the CDU parliamentary group in the Bundestag.

Author: 0 Zinke questions monument status as way to save sacred land

Secretary of the Interior Ryan Zinke completed a two-day visit to San Juan County on May 8 and 9 to investigate Bears Ears National Monument. (AP Photo/Rick Bowmer, File). After his arrival Sunday in Salt Lake City, Zinke was met by about 500 protesters who chanted, "Save our monuments, stand with Bears Ears". Bears Ears was basically the catalyst, having been created by President Obama at the end of his term.

Author: 0 Trump to meet Russian FM Lavrov at White House

Trump welcomed Lavrov to the White House marking his highest level face-to-face contact with a Russian government official since taking office. The Russian diplomat steadfastly refused to weigh in on Trump's decision to fire James Comey, the former FBI director, who had been overseeing investigations of alleged Russian interference in the USA election and possible collusion by Trump's campaign.

Author: 0 The Sage of Omaha on job cuts, Apple, Google, IBM

The Berkshire Hathaway chairman, also known as the Oracle of Omaha, said he'd immediately "hop on a plane" to India if the right investment opportunity came up. But 3G has been frequently criticized for its ruthless cost-cutting measures, including layoffs. During the Q&A, Buffett was asked how this would affect Berkshire - specifically, how much of the benefit would be realized by the customers of Berkshire's businesses, and how much of the benefit would go to shareholders.

Business Russian government releases photos of Oval Office meeting
Author: 0 Russian government releases photos of Oval Office meeting

Russian agencies tweeted photos from the Oval Office showing that in addition to Lavrov, Trump shook hands with Russia's ambassador to America, Sergey Kislyak - a key figure in the investigation into Trump's ousted national security adviser, Michael Flynn.

Author: 0 "Abuse of power" by sister of Trump's son-in-law?

Ms Meyer mentioned her brother on Saturday and Sunday while urging investors to put $500,000 (£386,500) into a New Jersey real estate project in exchange for investor visas and residency cards in the USA through the so-called EB-5 programme.

Author: 0 Alphabet Inc. Sees Profit Soar 29% on Ad Sales

During the quarter, net income rose to $5.43 billion up from $4.21 billion a year earlier. "Our excellent results represent a terrific start to 2017, with revenues up 22 percent versus the first quarter of 2016 and 24 percent on a constant currency basis", said Ruth Porat, CFO of Alphabet .

Author: 0 Here's what Warren Buffett said about IITs and India

The fourth richest man in the world with a net worth totaling $74.3 billion, according to Forbes magazine, Buffett has vowed to donate almost his entire fortune to charity. "Coal is going to go down over time", said the American called the "Oracle of Omaha" for his savvy and lucrative ability to read trends and markets.

Author: 0 Nuclear Waste Tunnel Collapses In Washington

The closed PUREX plant was part of the nation's nuclear weapons production complex. A former Energy Department official Bob Alvarez said that the rail cars carry spent fuel from a reactor area long the river to the chemical processing facility, which then extracts risky plutonium and uranium.

Business Heritage Investors Management Corp Increases Stake in Wal-Mart Stores Inc (WMT)
Author: 0 Heritage Investors Management Corp Increases Stake in Wal-Mart Stores Inc (WMT)

Itau Unibanco Holding S.A. purchased a new stake in shares of Wal-Mart Stores during the third quarter valued at $104,000. The firm owned 21,112 shares of the retailer's stock after buying an additional 1,060 shares during the period. WMT's annual dividend yield measured at 2.68%. Like J&J, Wal-Mart is a dividend aristocrat that has hiked its payout annually for over four decades. If you are accessing this news story on another website, it was copied illegally and republished in violation of ...

Author: 0 Opec may need more than its oil output extension

WTI crude CLc1 was up 23 cents, or 0.5 percent, at $46.11 a barrel. Brent for July settlement was 20 cents higher at $48.93 a barrel on the London-based ICE Futures Europe exchange. Energy Information Administration said. If, as Rats believes, they decide to open the tap after 2017 ends, this would mean 1.2 million barrels daily from OPEC coming back into the market plus more than 300,000 bpd from Russian Federation, which has made clear its intentions to start ramping up production the ...

Business Spectacular Kisner eagle denies Cam Smith victory on the final hole
Author: 0 Spectacular Kisner eagle denies Cam Smith victory on the final hole

Despite the theatrics from Kisner late on Sunday evening in New Orleans , it really did feel like Smith and Blixt were supposed to win this tournament. Kelly Kraft and Kevin Tway finished third at 23 under after Kraft followed up a 266-yard approach on 18 with a 22-foot eagle putt. "All four players, individually and collectively, had several chances to win prior to the end result, with Smith brushing in the eventual victor after hitting his third from 59 yards 3'4".

Business Oil prices rise on expectation of output cut extension
Author: 0 Oil prices rise on expectation of output cut extension

Countering those efforts, US drillers added oil rigs for a 16th week in a row last week, extending a drilling recovery into a 12th month, energy services firm Baker Hughes Inc said on Friday. Other nations, like Libya, have also increased oil output in recent months. It is set to reduce crude burning this summer by around 200,000 bpd compared to previous year, as the kingdom raises energy prices and uses more natural gas in power stations, the sources have said.

Author: 0 Saudi energy minister says oil output cuts likely to be extended

Global benchmark Brent crude was up 40 U.S. cents at $49.13 a barrel by 9am GMT. Despite these statements from Saudi Arabia, crude prices remain near levels seen before OPEC announced its plans to cut late a year ago. The chairman of energy consultancy FGE Fereidun Fesharaki said: "They ( Opec ) are looking at (extending) for nine to 12 months". March report shows that OPEC still remains in full compliance with the deal as a group but many members are yet to adhere to the agreed levels.

Author: 0 Delaware trooper fatally shot outside convenience store

Corporal Ballard, age 32, an eight-year veteran leaves behind his wife and 5-year-old daughter. Delaware's law enforcement officers go to work every day knowing they put their lives on the line to protect ours. According to state police, Ballard initiated a stop on a red Dodge Charger in the parking lot of the convenience store at approximately 12:06 p.m. The man was shot after he "engaged officers" and died at the scene, police said in a statement .

Author: 0 Berkshire Hathaway shareholder events continue Sunday

Brooks Running chief executive officer Jim Weber said he is always careful about how much of Buffett's time he takes up when he talks to him, so those conversations tend to focus just on Brooks' running-shoe business. Munger, known for delivering more succinct answers, added, "We don't see any moral fault with 3G", though he allowed that he understood the political responses to the firm's strategies.

Business Oil prices hit, markets falter amid fears of slowdown
Author: 0 Oil prices hit, markets falter amid fears of slowdown

But global inventories remain high, pulling crude oil prices back below $50 per barrel and putting pressure on OPEC to extend the cuts to the rest of the year. A decision on whether to continue the production cuts is expected at OPEC's next official meeting on May 25. "Those claims do not withstand the reality check with the inventories staying stubbornly high and non-OPEC production rising strongly".

Business Pacific National responds to Federal Inland Rail commitment
Author: 0 Pacific National responds to Federal Inland Rail commitment

The budget will also contribute $20 million to the development of up to three business cases for infrastructure projects for faster rail connections between major cities and regional centres. "I'm very concerned that Malcolm Turnbull and Scott Morrison have failed to put any money at all on the table for Cross River Rail", she said. "The Budget's strong focus on infrastructure is timely, coming less than six months after the Federal Government agreed to ALC's request to develop a National ...

Author: 0 A huge tax cut for guys like me

Buffett told Berkshire Hathaway shareholders Saturday that the bank should have done more to correct the problem once it was discovered. "They have followed the standard capitalist formula. Coattail investing, or simply investing alongside market-moving investors, has proven to be a fruitful strategy for Berkshire Hathaway aficionados, with the Buffett-owned company posting S&P500-beating returns nearly annually for decades.

Author: 0 Apple Posts Surprise Dip in iPhone sales, Shares Fall

Cook also added that Apple would announce initiatives to support its current employees and add to their ranks, and to aid the software developers who make apps for Apple's phones, watches and computers. Apple is highlighting its US presence at the same time lawmakers consider a major tax proposal by Trump that would let Apple , along with other large companies, bring back accumulated profits from overseas at potentially lower tax rates.

Author: 0 United Airlines reaches settlement with dragged passenger

David Dao , the passenger left bloodied by the 9 April incident captured on video and widely shared on social media, reached an "amicable settlement" with United, his lawyers announced . Some lawmakers demanded outlawing the practice of overbooking flights, in which airlines sell more seats than are available to ensure a full plane.

Business ITV Revenue Drops Despite 7 Percent Gain at Production Arm
Author: 0 ITV Revenue Drops Despite 7 Percent Gain at Production Arm

The earnings report comes a week after it was announced that boss Adam Crozier is exiting the company after a seven-year run. ITV Studios delivered a 7% increase in revenue in the first quarter to £343mln, driven by growth in its American business, helping to offset declines in ad revenue.