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Why General Electric Earnings Won't Move the Needle Much

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Mr. Flannery reiterated that the framework for 2017 is set and he is "not anxious that we're going to be, you know, dead in the water in the meantime". The oil and gas division of the company, however, posted revenue of $3.1 billion, a 3 percent decline from the same time a year ago. Revenue slid 3 percent in the oil and gas unit. Read More »

Musk says government likes plan for high-speed tunnels

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Even in the midst of his slight retreat on these latest claims , Musk told one Twitter follower who asked about plans for Chicago that he had already been approached by the city about building a Hyperloop between its centre and its O'Hare International Airport. Read More »

Kenmore Smart appliances add Alexa support in Sears Amazon deal

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In the Chicago area, Kenmore goods will be available to Amazon customers beginning in August. This is the broadest distribution of Kenmore products outside of Sears stores and related online sites, according to Sears . Anyone in the house can download the Kenmore Smart AC app on their smartphone, follow the easy instructions and connect their smartphone or tablet to the AC unit. Read More »

IMI plc's (LON:IMI) "Neutral" Rating Reiterated at Goldman Sachs Group, Inc

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Perritt Capital Management Inc increased Wisdomtree Europe Smallcap Dividend Fund (DFE) stake by 10,217 shares to 41,319 valued at $2.26M in 2016Q4. GBX 7705.69's average target is -1.55% below currents GBX 7827 stock price. They expect $0.44 EPS, down 46.99% or $0.39 from last year's $0.83 per share. FBP's profit will be $24.16 million for 13.45 P/E if the $0.11 EPS becomes a reality. Read More »

American Airlines to end codeshare with Etihad, Qatar Airways

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The launch of service to the Ukrainian capital comes as part of the airline's expansion in Eastern Europe, with services to Skopje in Macedonia and Prague in Czech Republic to follow this summer, Qatar Airways said . "We are committed to the United States market and American consumers, and are taking all possible measures to ensure that the flying public is not harmed by this decision". Read More »

Ostapenko into first Wimbledon quarterfinal

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A rock-solid 6-3 6-2 victory over Croatian 19-year-old Ana Konjuh on Centre Court has teed up a quarter-final tussle with Latvia's 20-year-old French Open champion Jelena Ostapenko , who was a 6-3 7-6 (8/6) victor against Ukrainian fourth seed Elina Svitolina . Read More »

West Indies beat India by nine wickets in one-off T20

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The match will start at 10:30 AM, according to the local time to meet the Indian Television prime time of 9:00 PM. Stay tuned for more live cricket updates of India vs. Gayle was last seen participating the shortest format in World T20 final against England in 2016. Brathwaite, all-rounder Kieron Pollard and Marlon Samuels are the other important inclusions for the side in the batting department, who will look to go hard at the Indian bowlers. Read More »

Sacramento County Korean Community Concerned Over North Korean Threat

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The administration's retaliatory plans are at odds with Russian Federation and China - and it needs both countries on its side to have any effect on Pyongyang. The secretary stressed that the effort against North Korea is purely diplomatically led. "China has taken significant action and then I think for a lot of different reasons, they've paused and didn't take additional action", he said. Read More »

Big Payouts from Illinois Lottery in Jeopardy Without a Budget

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Due to the budget impasse in IL, tickets for the Powerball and Mega Millions are being suspended in the state. Wednesday's Powerball drawing could be the last for IL lottery players if a budget decision is not reached by July 1. "Players should be confident knowing the Illinois Lottery has the money to pay these winning claims", Smith said. But the tickets would be sold to the customers and all those winning the prizes up to $25,000 would have to wait for some time to receive them ... Read More »

Workers comp reform provisions left out of approved IL budget

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Racing interests lobbied to restore the owners' awards payments and were successful in making them an item in the budget that passed. "The state is imploding financially". Promising to clear up the state's dysfunction and revitalize its economy, Rauner in 2015 demanded changes to workers' compensation, collective bargaining rights and taxes in the state's budget negotiations, which the Democrats who control both houses of the state legislature said would hurt middle- and working-class ... Read More »

France to end sale of gasoline and diesel cars by 2040

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With just 23 years to achieve this goal, France is set to begin phasing out the production of traditional cars in order to more greatly emphasize their already impressive electric vehicle industry. In 2016, hybrid and electric cars accounted for 3.6 percent of new cars registered in Western Europe. The announcement follows Volvo's announcement on Wednesday that it planned to cease making gas-powered cars and trucks and would instead only make electronic and hybrid vehicles ... Read More »

Futures point to mixed open on Wall Street; Fed minutes in focus

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They voted 8-1 to increase the federal funds rate by a quarter-point to a still-low range of 1 percent to 1.25 percent could lead to higher borrowing costs for consumers and businesses and slightly better returns for savers. "That would be significant", he added. The Fed's favored inflation measure, the core personal consumption expenditure index, grew just 1.4 percent at an annualized rate in May, below the rate that the Fed targets. Read More »

German audience laughs after Trump Cabinet member's address is cut off

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Merkel said , "I use it sometimes. then I enter Donald Trump on Twitter and I have it all" — a remark that drew big laughs from the audience at a Berlin theater where the chancellor was interviewed. "I am in favor of resuming negotiations on such a free trade accord and to jointly solve all the problems", the conservative chancellor said at the economic forum organized by its Christian-Democratic Union (CDU). Read More »

Sony is opening a vinyl factory in Japan

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They should start rolling off the production line by March next year. Contrary to what the children of baby boomers might believe, vinyl records are far from extinct. This has lead to huge numbers of record shops around the world selling vintage vinyl records for fans of the format to enjoy and record players are still easy to buy. Read More »

Fed Stress Test Results: Near Unanimous Bank Approval

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A note from Morgan Stanley analysts arguing the shares are worth 850p also helped. The dividend increases and share buyback plans are important to ordinary investors, and to banks. "This is a big step forward for the industry". The 33 other US banks were cleared to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn. Read More »

IMF cuts US growth forecasts, cites Trump fiscal plan uncertainty

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The IMF cut its forecast for USA economic growth for this year to 2.1% from a previous estimate of 2.3%. The IMF reduced its forecast for U.S. growth this year to 2.1%, from 2.3% in the fund's April update to its world economic outlook. "The US is effectively at full employment", the lender said. "Alongside the ongoing normalization in policy rates, it is appropriate that the Federal Reserve looks to unwind the post-crisis increase in its holdings of treasury and mortgage backed ... Read More »

Brexit talks start with first United Kingdom concession

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It has led to calls from within the Conservative Party and business community for a softer Brexit where the mantra of "no deal is better than a bad deal" is laid to rest and the focus shifts to the economy and jobs with some calling for the United Kingdom to remain in both the single market and the customs union. Read More »

American Sailors Found Dead After Japan Collision

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The early Saturday morning collision with a Philippines-flagged merchant ship caused extensive damage to the USS Fitzgerald, a guided-missile destroyer, and left seven of its crew members unaccounted for. Seven crew members were unaccounted for after the collision flooded berths with seawater. "This has been a hard day", Joseph P Aucoin, the commander of the Seventh Fleet, said before the announcement that the bodies had been found. Read More »

Southwest flight diverted after woman attempts to open door

The flight interrupted by a disruptive passenger trying to open the emergency exit occurred on a 737-800 . CCIA officials say their public safety officers were in contact with the Southwest pilot to assist the passenger off the plane. "But the staff handled everything very well". The Southwest flight from Los Angeles was delayed in Corpus Christi for about two and a half hours before touching down in Houston . Read More »

Germany fightback against exciting Chile

Regardless of their inexperience - the entire Germany squad had just 149 caps between them - Marcelo Diaz said facing the world champions requires a certain mind-set. Loew changed his goalkeeper in each of his last three games and Germany's shot-stopper Bernd Leno could lose his place having leaked two goals against Australia . Read More »

Walmart to acquire men's clothier Bonobos for $310M

The ShoeBuy acquisition was about $70 million, and Moosejaw was purchased for about $51 million. "We're seeing momentum in the business as we expand our value proposition with customers and it's incredible to see how fast we're moving", said Lore in a statement . Read More »

Tillerson Cancels Mexico Trip to Focus on Resolving Qatar Crisis

Al Jazeera , with its independent coverage, has been unpalatable to the Gulf monarchies for some time now. At the same time, Turkey is eager to maintain workable relations with Iran , Saudi Arabia's foe. Earlier Tuesday, Defense Secretary James Mattis said the diplomatic crisis centered on Qatar and this indicated Russia's continuing efforts to destabilize the world and the West. Read More »

Crude prices fall due to rise of United States crude stocks

Data from the U.S. Energy Information Administration showed that domestic-crude supplies fell by 1.7 million barrels for the week ended June 9. According tneighboursncy's latest report , there have yet to be supply disruptions, but exporters of Qatar's crude, condensate and liquefied natural gas have already faced some logistical troubles. Read More »

Democrats and Republicans holding primaries June 13

Nearly every profile of the Perriello-Northam race cast the former as the progressive, populist outsider insurgent and the latter as the moderate, centrist creature of the establishment. Reeves (R), Assistant U.S. Attorney Gene Rossi (D), and 27th District Senator Jill H. Vogel (R). Virginia is one of two states electing governors this year. Read More »

Theresa May to form minority government after poll setback

The day after the British elections, NPR .org showed considerably more interest in a candidate who ran dressed as a "space lord" than in the leader of the Labour Party . Labour under him polled 40 per cent of the vote, the highest for the party since 1970, and only slightly behind Ms May's Tories . It was not immediately clear what the DUP's demands might be and one DUP lawmaker suggested support might come vote by vote. Read More »

Hunter College student stuck on NYC subway gets impromptu graduation ceremony

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Alcantara, in his graduation robes, made an announcement to the vehicle, thanking his fellow passengers for joining him for his graduation ceremony . "The train's emergency brakes went off and they couldn't fix it for an hour and a half", Alcantara said. The delays stretched from 45 minutes to eventually three hours, causing Alcantara to miss his graduation from Hunter-Bellevue School of Nursing altogether. Read More »

Acting ambassador of US Embassy in China quits over opposition to Trump

A senior US official confirmed the account given in the tweets but added that after Rank announced his intention to retire on Monday in Beijing , he was told by the State Department to leave his post immediately. "The world is not doing enough", Brown said. "Disaster still looms and we've got to make the turn". Mr Trump's decision to leave the Paris accord has drawn heavy criticism within the United States and internationally, including in China. Read More »

RBA Leaves Rates Unchanged, Sounding Optimistic

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Projections for tomorrow's first quarter GDP report are for a 0.2% quarter-on-quarter growth. The cash rate has been on hold for 10 consecutive months since August a year ago, when the RBA slashed rates to combat weaker-than-expected inflation. Read More »

$3.8 billion Dakota Access oil pipeline begins service

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Crude oil is now flowing through the Dakota Access Pipeline, despite months of protests against it by Native American tribes and environmental groups. The Oceti Sakowin camp, the main protest camp closest to the pipeline, was cleared in February following an emergency evacuation order signed by North Dakota Gov. Read More »

Grande returns to Manchester to honor victims with benefit

The concert raised money for victims and those injured in the suicide bombing that struck at Grande's May 22 show . "Manchester, I love you with all of my heart", Grande said before the performance, and just after singing " One Last Time " with Miley Cyrus , Pharrell and more of the show's performers standing behind her in solidarity. Read More »

Cavaliers wearing black jerseys for Game 2: 2017 NBA Finals

And though the Cavs were plus nine in rebounds, they did give up 14 offensive boards to the Dubs which lead to 18 second-chance points. Durant matched his postseason career high with 38 points in Game 1 to go with eight rebounds and eight assists, becoming the first player to post a 38-8-8 or better since Kobe Bryant went 40-8-8 in the 2009 Finals against Orlando. Read More »