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Ross Gushes About Lack of Protesters, "Bad Placards" in Saudi

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U.S. president Donald Trump said he never mentioned "the word or the name Israel" during a recent conversation with top Russian diplomats. Saudi Arabia and Iran compete for influence across the Middle East, respectively backing rival political or armed groups in Syria , Lebanon, Iraq and Yemen . Read More »

U.S. detained, released 2 Turkish security officers involved in massive fight

Some of the guards are believed to have diplomatic immunity or left the USA with Erdogan, The Wall Street Journal reports , though the State Department - which expressed its "concern" to Turkey "in the strongest possible terms" - is exploring ways to block Erdogan's security detail from returning to the us; some of the same guards harassed a Turkish reporter in Washington past year, too. Read More »

OPEC likely to extend production cuts into next year

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Between June 2015 and July 2016, US oil production shrank 12 percent. Although the figure is equivalent only to the output of a mid-sized field, it sends a powerful signal about the United States' decreasing need for imports as its own production reaches new highs. Read More »

Moody's China downgrade 'illogical', overstates debt

Moody's lowered its sovereign rating for China from "Aa3" to "A1" and changed the outlook from negative to stable today. While the downgrade is likely to modestly increase the cost of borrowing for the Chinese government and its state-owned enterprises, it remains comfortably within the investment grade rating range. Read More »

Treasury's Mnuchin urges Congress to raise the debt ceiling before August recess

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Within hours, the conservative House Freedom Caucus said it would oppose such a vote unless certain conditions are met. That was shortly after Office of Management and Budget Director Mick Mulvaney , at the tail end of a House hearing on the administration's fiscal 2018 budget request, was asked about the way forward for increasing the limit on the nation's borrowing authority . Read More »

Microsoft wants Windows to play nice with iPhones and Android devices

This new feature, by almost all accounts, has been a huge success for Microsoft and today, the company is expanding the Linux flavors that can be run on the Windows 10 subsystem for Linux . The next tab over, Create, contains a new feature called "Story Remix". The Windows Story Remix app will have an ability to switch up the automatically created videos based on data. Read More »

Trump says he was honored, inspired by papal meeting

Francis explained that the branch is a symbol of peace, and Trump replied, "We can use peace". At the Vatican on Wednesday, President Donald Trump met with Pope Francis . Donald Trump , who became the first USA president to visit the wall while in office, donned a yarmulke — a skullcap — which is customary; the site keeps stacks of them for visitors to wear. Read More »

Successful Rocket Lab launch sends New Zealand to space

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Under the right conditions today the aerospace company launched the rocket on the Mahia Peninsula. In a statement Rocket Lab chief executive Peter Beck says the goal of the launch is to collect valuable date to inform future test and commercial launches. Read More »

Moody's downgrades China's credit rating

In particular, China's recent regulatory tightening should help deflate the country's credit markets and lead to long-term market stabilisation'. The downgrade is likely to increase - if only modestly - the cost of borrowing for Beijing and Chinese state-owned organisations, and it remains within the investment grade rating range. Read More »

Drugmaker paying $33M over recalled nonprescription meds

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Represent on its websites that the over-the-counter products manufacturing facilities meet current GMP as outlined by the FDA if McNeil has had a Class I or Class II recall of over-the-counter drug products within the prior 12 months. According to court documents, attorneys general in the 42 states sued Johnson & Johnson because they considered its marketing of substandard nonprescription medicines to be fraudulent or otherwise illegal. Read More »

Melania Trump Snubs ANOTHER Of Donald's Attempts To Hold Her Hand

Palestinian news agency Ma'an estimates that more than 1,300 Palestinians are now on strike behind bars in Israeli prisons, while Israeli outlets have placed the number in the high hundreds. During his presidential campaign, Trump advocated breaking with decades of precedent and moving the USA embassy from Tel Aviv to Jerusalem, deeply alarming Palestinians. Read More »

Moody's downgrades Chinese credit rating for first time in 30 years

CHINESE DEBT: Moody's cut the Chinese government's rating for long-term local currency and foreign currency debt, citing China's overall rising debt. The Chinese economy has seen growth estimates slow for the last couple of years, expanding by 6 .7 percent in 2016 compared with 6.9 percent the previous year, the slowest growth since 1990. Read More »

Frontier Communications Corporation (FTR) has a Market value of 1.65 Billion

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These Revenue projections are a consensus of 10 Analyst. Thrivent For Lutherans invested 0% of its portfolio in Frontier Communications Corp (NASDAQ:FTR). The ex-dividend date of this dividend is Tuesday, June 13th. Frontier Communications Corp's payout ratio is -77.78%. TRADEMARK VIOLATION WARNING: This piece was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. Read More »

Newark Airport briefly closed after engine fire

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United spokesman Jonathan Guerin said air traffic control notified the crew about flames coming from the right engine of the San Francisco-bound plane. He says the airline is working to get the passengers to San Francisco as soon as possible. According to the local media, there were 124 passengers on board of the plane, as well as seven crew members. Read More »

Kawhi Leonard 'day to day,' questionable for Game 3

He didn't break a bone or tear a ligament or do anything that would seem to be serious, so again it was easy to say he could be back for Game 3 . The Warriors have yet to lose a game in the playoffs this season, and they will put their 10-0 record on the line in Game 3 against the Spurs on Saturday at the AT&T Center in San Antonio . Read More »

Kentucky freshman Hamidou Diallo withdraws from NBA Draft

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Diallo will be one of the biggest leaders on a United Kingdom team that will have a host of freshmen playing key roles next season, and we could see an all-freshman starting lineup (if you count Diallo as a redshirt freshman). All of this is certainly welcome news for Calipari and Kentucky fans, as Diallo will join another one of Cal's loaded recruiting classes in the pursuit of the Wildcats' 9th title. Read More »

Ford confirms it will cut 10% of workforce in Asia, North America

The move could put the US automaker on a collision course with President Donald Trump , who has made boosting auto employment a top priority. The company does not however, intend to cut its hourly workforce or its production. Ford's traditional automotive business has struggled more than crosstown rival General Motors Co as the U.S. auto market declines following seven years of growth. Read More »

How Does Wal-Mart Stores, Inc. (WMT) Stack Up Right Now?

In a show of how much the company still relies on in-store purchases, the 63 percent jump in online sales contributed to a 1.4 percent increase in total sales for the quarter, which reached $117.5 billion. Macy's reported a 4.6 percent drop in same-store sales, Kohl's slid 2.7 percent, and JCPenney's fell 3.5 percent. In the USA, which accounts for two-thirds of Wal-Mart's sales, foot traffic rose 1.5% in the quarter ended April 30. Read More »

Active Stock You Need to Watch Kinder Morgan (NYSE:KMI)

The stock rose 0.57% or $0.79 reaching $139.57 per share. $1.06M worth of U.S. Bancorp (NYSE:USB) shares were sold by CARLSON JENNIE P. 707,726 shares were sold by DAVIS RICHARD K, worth $37.12 million. Viking Fund Management Limited Liability Company holds 3.38% or 1.29 million shares. Investors sentiment decreased to 0.94 in 2016 Q4. Its down 0.06, from 0.76 in 2016Q3. Read More »

TSA tests screening larger electronic devices separately

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Possible changes, which could include asking passengers to place food items in separate bins and digitally scanning drivers licenses and passports, are aimed at making it easier for screeners to spot suspicious or risky items without manually checking bags, while also moving travelers though security check points more quickly and efficiently. Read More »