Money

Author: 0 Oil prices under pressure from rising OPEC supplies

The US Energy Information Administration (EIA) report on stockpiles is due at 11:00am EDT (1500 GMT) on Thursday, delayed by a day because of the Memorial Day holiday on Monday. Saudi Energy Minister Khalid al-Falih was quoted by the official Saudi Press Agency as saying the relationship between his country and Russian Federation was stronger than ever.

Money London employers expect favourable hiring climate in third quarter
Author: 0 London employers expect favourable hiring climate in third quarter

In the Milwaukee area, 22 percent of employers plan to increase staff levels during the third quarter, while 2 percent plan to decrease staff levels. Though the South region indicates the strongest labor market forecast with a net employment outlook of +21 percent, this number is still 6 percentage points lower than the previous quarter.

Money Former Penn State Leaders Sentenced To Prison For Molestation Scandal
Author: 0 Former Penn State Leaders Sentenced To Prison For Molestation Scandal

The other two, the university's former vice president and athletic director, both received similar sentences with less time under house arrest. The scandal led to the firing of beloved football coach Joe Paterno shortly after Sandusky's arrest, and he died of cancer two months later at the age of 85.

Author: 0 Fed is set to raise rates this week despite political tumult

Asian stock markets were higher on Tuesday as investors brushed off a second day of big losses on Wall Street tech stocks a day before the Federal Reserve is expected to raise interest rates . "We see a signal of heightened inflation concern as the main dovish risk and an upgrade of the balance of risks as the main hawkish risk", wrote Hatzius in a note.

Author: 0 High-level U.S. visit leads North Korea to free student in coma

Democratic Sen. Sherrod Brown of Cleveland described North Korea's actions as "despicable". The State Department says former National Basketball Association star Dennis Rodman , who is visiting North Korea, had nothing to do with the release of a detained American college student.

Money Top 8 lines from Jeff Sessions' hearing
Author: 0 Top 8 lines from Jeff Sessions' hearing

Sessions said he "racked my brain" and had no meeting with any Russian in his capacity as a Trump campaign adviser. Sessions' testimony before the Senate Intelligence Committee, scheduled to start at 2:30 p.m. Deputy Attorney General Rod Rosenstein says he consults with a career ethics official when questions arise about Attorney General Jeff Sessions' recusal from the Russian Federation investigation.

Money Donald Trump: Privatize air-traffic ops
Author: 0 Donald Trump: Privatize air-traffic ops

President Trump has been tweeting about the London attacks, his travel ban, and Democrats getting in the way of his appointments while the White House is focusing this week on his plan for infrastructure. Both sides of the privatization debate said the system is one of the most complex and safest in the world. Some critics, such as the advocacy group In the Public Interest, called the plan a corporate giveaway that would cede control to the large commercial airlines.

Money Fresh questions for Sessions - and he'll answer in public
Author: 0 Fresh questions for Sessions - and he'll answer in public

If Sessions chooses to opt out of answering certain questions, legal experts say the committee can hold him in contempt - but that could elongate the testimony and could potentially take months. Angus King and Susan Collins will be among those questioning Sessions . They also want him to explain his role in the firing of Comey, despite the attorney general's recusal in March from the Russian Federation investigation following revelations of his meetings with Kislyak .

Author: 0 British shock: PM May's election gamble appears to backfire

The British Labour Party , led by Jeremy Corbyn , is set to gain seats following the British election, according to exit polls . Well, this morning, it doesn't look like a strong government, it doesn't look like a stable government, it doesn't look like a government that has any program whatsoever.

Author: 0 Jeff Sessions furiously denies Russian collusion as a 'detestable and appalling lie'

Since then, lawmakers have raised questions about a possible third meeting at a Washington hotel, though the Justice Department has said that did not happen. He said he would agree to dismiss Mueller only if there were a legitimate basis to do so. "If there were not good cause, it wouldn't matter to me what anybody says".

Author: 0 Friend says Trump is considering 'terminating' Mueller

He said those concerns included the interview for the Federal Bureau of Investigation post and connections between Mr Mueller's law firm and White House officials. "I think it's a matter of fundamental conscience". Leahy also said Sessions owed it to the 116,000 DOJ "agents, intelligence analysts, attorneys, and support personnel"-along with state, local, and tribal law enforcement officials-to explain the the department's budget request, which Leahy referred to as "abysmal".

Money Uber CEO Kalanick says he will take leave of absence
Author: 0 Uber CEO Kalanick says he will take leave of absence

She reported him to human resources, but was told he would get a lecture but no further punishment because he was a "high performer", she wrote. Liane Hornsey, Uber's chief human resources officer who started in January, said implementing the recommendations "will improve our culture, promote fairness and accountability, and establish processes and systems to ensure the mistakes of the past will not be repeated".

Money Uber chief business officer to leave company amid turmoil
Author: 0 Uber chief business officer to leave company amid turmoil

The vote comes almost four months after a former engineer, Susan Fowler, published a blog post alleging that a superior propositioned her on her first day. As for Michael himself, it would seem that he understands his precarious position within the company and is preparing to resign, The Wall Street Journal reports.

Author: 0 Trump welcomes Romanian president to White House

President Trump wouldn't give a direct answer about whether there are tapes of his conversations with James Comey , only saying that's something he'll maybe answer in the very near future. Fears exist that with President Trump testifying in public, the Senate hearing surrounding Comey's intelligence committee testimony would take the controversial matter to a very high level that could affect the country's image in the short and long term.

Author: 0 RSA Insurance Group Plc (RSNAY) Valuation According To Analysts

The stock of Marks and Spencer Group Plc (LON:MKS) has "Buy" rating given on Monday, May 16 by Peel Hunt. The company was reinitiated on Thursday, September 1 by JP Morgan. It has underperformed by 16.70% the S&P500. Therefore 66% are positive. St James's Place PLC has GBX 1359 highest and GBX 1 lowest target. The stock has a consensus rating of "Hold" and an average target price of GBX 1,547.31 ($19.99).

Money US Refuses to Sign G7 Climate Pledge
Author: 0 US Refuses to Sign G7 Climate Pledge

Pruitt and also at the table of G7 environment ministers", Ms. McKenna told reporters on Monday during a teleconference from Italy . Italy's environment minister, Gian Luca Galletti, who is leading the G-7 environment meeting in Bologna, said that despite the split, dialogue had to continue, including on other environmental issues such as ocean pollution.

Author: 0 'Wonder Woman' stays strong at box office, leaving 'Mummy' in dust

Tom Cruise's " Mummy " reboot opened to almost $142-M internationally, " Wonder Woman " #1 in North America after falling just 45% in its 2nd frame. Even though the film has officially bombed at the domestic box office , it has soared overseas and pushed the box office returns well over its production budget.

Author: 0 Trump outlines privatizing air traffic control

Airlines would pay the annual costs of $10 billion per year by contributing fees to the private entity, rather than taxes they now pay the federal government. As a result, the FAA has had difficulty making long-term commitments with contractors. Funding for the new organization will come exclusively from user fees, and the use of those funds will be managed by, among others, airline representatives, unions, and general aviation and airports.

Money Modi's veiled message to Pakistan on terror at SCO
Author: 0 Modi's veiled message to Pakistan on terror at SCO

The presidents also signed an SCO convention on countering extremism and adopted a statement of the bloc's leaders about their countries' joint fight against global terrorism. India has been an observer of the SCO meeting since 2005. The Prime Minister said India's SCO membership will certainly take cooperation among member states to new heights.

Money Warriors dethrone Cavaliers, capture National Basketball Association title with 129-120 win
Author: 0 Warriors dethrone Cavaliers, capture National Basketball Association title with 129-120 win

Stephen Curry scored 34 points with 10 assists while draining 12 of 15 from the free-throw line. For the Cavs, James paced the team by scoring 41 points, grabbing 13 rebounds and handing out eight assists. After trailing by as much as 14 in the third quarter, they used a 11-3 run to cut the deficit to five on a Tristan Thompson putback layup that spiked the heart-rates of the sellout crowd.

Money EU moves to gain control of key London financial market
Author: 0 EU moves to gain control of key London financial market

While the number of people employed directly by the four clearing houses that handle the majority of transactions only numbers in the hundreds, the supporting infrastructure is massive. Today the European Commission will demonstrate that it has the power to inflict real economic pain on the U.K.as a outcome of its decision to leave the EU.

Money European Union roaming charges end on Thursday
Author: 0 European Union roaming charges end on Thursday

No Icelandic telecom companies have applied for such a provision, says Hrafnkell, as it is not certain that the abolition of roaming charges will lead to losses. Turkey, for example, is now only going to be included in the ban by Vodafone, with other providers charging additional roaming charges. What is not included in the roaming charges? The body is calling on the European Union to close this loophole next, which hinges on the fact you aren't technically roaming at home.

Money Rally against Islamic law in Atlanta
Author: 0 Rally against Islamic law in Atlanta

In Richardson, a contingent of police kept the peace by keeping the counterprotesters separated from the anti-Sharia demonstrators, some of whom carried military-style handguns or rifles. Khalid Hamideh, the lawyer and spokesman for the Richardson Islamic center, contended that "it is absolute nonsense" to suggest that Muslims are attempting to set up Shariah courts in the USA, substituting the judgment of Shariah for something like the Bill of Rights or the Kansas Motor Vehicle Code.