• Trump's emergency aid to farmers could have negative side effects
Trump's emergency aid to farmers could have negative side effects

But the other 200 jobs that were added back to this plant since its original closure (which would bring us to Trump's 1,000 number) were added in February 2017 as a result of a ruling from the International Trade Commission - not tariffs.

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  • Spirit flight diverts after fliers fall ill from 'dirty sock' smell
Spirit flight diverts after fliers fall ill from 'dirty sock' smell

Others feared it was coming from a chemical on the aircraft. According to CBS, 220 passengers were on board Spirit Airlines Flight 779 that flew from LaGuardia Airport in NY en route to Fort Lauderdale-Hollywood International Airport when it was diverted to SC about 10:30 p.m.

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  • Facebook market value plunges $120 bil
Facebook market value plunges $120 bil

He said the 19 per cent plunge in Facebook shares the next day stemmed from federal securities law violations by the defendants. Having been a billionaire himself, Zuckerberg does not use his own money to pay for his private jet expenses.

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  • World's oldest person, a Japanese woman, dies at 117
World's oldest person, a Japanese woman, dies at 117

It is noted that there are three categories of record Guinness World Records: the oldest man on the planet, the oldest woman on the planet and the oldest inhabitant of the planet. She was also possibly the world's oldest living person before she died on Sunday. Her husband, Shoji, worked for Japanese National Railways, which helped ignite her lov...

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  • Facebook's China innovation hub approval withdrawn by Beijing
Facebook's China innovation hub approval withdrawn by Beijing

Just a day after Facebook gained approval to open a subsidiary in China , a major setback has hit the platform as China has withdrawn its approval for the new Facebook venture. Facebook has been banned in China since 2009. The decision to revoke approval was made after a disagreement between officials in Zhejiang and the national inter...

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  • Trudeau Takes Political Benefits From US-Canada Tariff Battle, Not Fixing NAFTA
Trudeau Takes Political Benefits From US-Canada Tariff Battle, Not Fixing NAFTA

Mexico's President Enrique Pena Nieto said in Mexico City on Friday that he hoped the accelerated talks would allow for a deal in August. Canadian and Mexican officials insisted on Wednesday that the North American Free Trade Agreement remain a trilateral pact and reiterated their opposition to US calls for a so-called "sunset clause" that ...

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  • USA vehicle tariffs still aren't off the table, warns German industry group
USA vehicle tariffs still aren't off the table, warns German industry group

The two would work for zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto goods, he said. "Whether it's one deal or two deals, so long as we get the right agreement, we're indifferent", Mnuchin told CNBC . "There's just so many unknowns, and just like with the aid package the president announced on Tuesday, you know, we d...

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  • Wall St rises as Trump touts EU trade concessions
Wall St rises as Trump touts EU trade concessions

Stocks closed broadly higher Wednesday as a batch of solid company earnings and news that the USA and European Union agreed to work on mending their trade dispute put investors in a buying mood. It also announced a $400 million share repurchase program. LOOKING CHIPPER: Qualcomm shares rose 6.4 percent to $63.24 after the chipmaker reported ear...

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  • Saudi Arabia Halts Oil Shipments Through Bab el-Mandeb
Saudi Arabia Halts Oil Shipments Through Bab el-Mandeb

Saudi crude exports through Bab al-Mandeb are estimated at around 500,000-700,000 barrels per day (bpd), according to analysts and Reuters data. Tensions are rising because of the reimposition of U.S. War broke out in Yemen in September 2014, when Houthi rebels took over the capital Sanaa, forcing the government to flee south. South Africa'...

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  • European Union and United States launch talks in bid to quell trade tensions
European Union and United States launch talks in bid to quell trade tensions

France was one of the countries to immediately demand clarification after the talks, citing comments from Trump that the agreement would open up new markets for US farmers. A lot more is at stake in this game than a trophy and bragging rights. In recent months, Trump has also started a trade dispute with China after the United States implemente...

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  • Trump hails United States economic growth spurt, promises more ahead
Trump hails United States economic growth spurt, promises more ahead

Added White House economic adviser Larry Kudlow, "This is a boom that will be sustainable, frankly, as far as the eye can see". He said if the economy continues to grow at this rate, it could double in size 10 years faster than it would have under Presidents Barack Obama and George W.

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  • Facebook sees biggest fall in corporate history as shares lose $120bn
Facebook sees biggest fall in corporate history as shares lose $120bn

Toward the end of the call, a Jefferies analyst seemed astonished at the scale of the growth slowdown, saying it "seems the magnitude is beyond anything we've seen". Meanwhile, other observers think the technology expert may be in over his head when it comes to the many other aspects of his global business. The company doesn't break out Instagram's...

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  • PM Modi meets Chinese President Xi Jinping in Johannesburg, South Africa
PM Modi meets Chinese President Xi Jinping in Johannesburg, South Africa

Yes, permanent membership of the United Nations Security Council gives China and Russian Federation distinct advantages over most other countries. He said TFTA provides BRICS countries with opportunities to access a market of over 1 billion people and a combined GDP of over $3-trillion.

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  • President Trump speaks at Granite City steel mill
President Trump speaks at Granite City steel mill

He says, "If you don't have steel, you don't have a country". Officials with U.S. Steel said tariffs enacted by Trump led to the decision to restart a blast furnace at the mill , which brought back 500 jobs. Mid-Continent Steel and Wire took out an ad in the Daily American Republican in July asking Trump to visit their factory in Poplar Bluff, M...

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  • Trump gets deal: 'The Europeans have blinked'
Trump gets deal: 'The Europeans have blinked'

The leaders pledged to expand European imports of USA liquefied natural gas and soybeans and both vowed to lower industrial tariffs, excluding autos. Perhaps as a result, the day of negotiations appeared far more amicable than Trump's other recent encounters with European and North American leaders, and ended with Trump declaring that the Unit...

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  • Trump predicts data will show United States economy in 'terrific' shape
Trump predicts data will show United States economy in 'terrific' shape

The Trump administration's official goal is for sustained GDP growth of 3 percent, which would well exceed the average 2.2 percent pace during this expansion and the Fed's longer-run expectation of 1.8 percent. Federal outlays rose 3.5 percent, the second-fastest rate since 2014, boosted by defense spending. Consumers began spending their increas...

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  • MAC Cosmetics giving away free lipstick on Sunday
MAC Cosmetics giving away free lipstick on Sunday

MAC says you don't have to buy anything if you show up to their stores to claim free lipstick for your pout. But you might want to get their early because it only goes on while supplies last. There are nine different masks to choose from the Sephora Collection. All MAC stores and counters in the US are participating in the giveaway, except for lo...

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  • Twitter shares plunge as it prioritizes fixing platform over user growth
Twitter shares plunge as it prioritizes fixing platform over user growth

Twitter plunged before the opening bell Friday on weak user numbers, a day after a historic rout at Facebook . That marks the third consecutive profitable quarter for the company. Twitter in recent weeks has stepped up efforts to weed out accounts that promote violence or hate speech, and some reports suggested this could lower the user base b...

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  • Putin Invites Trump to Moscow for a One-on-One Meeting
Putin Invites Trump to Moscow for a One-on-One Meeting

Vladimir Putin said Friday he had invited U.S. leader Donald Trump to visit Moscow and was ready to travel to Washington, seeking to put on a courageous face after the USA delayed a new summit with the Kremlin chief to next year. The US is experiencing an "economic turnaround of historic proportions", the President said. The agency quoted Putin ...

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  • Papa John's sued by Papa John
Papa John's sued by Papa John

The complaint, Schnatter v. Papa Johns International Inc filed in Delaware Chancery Court, comes after a request by Schnatter and his attorneys access to company documents to inspect accusations of inappropriate behavior. Lawyers for Mr Schnatter said they wanted to see the documents because of the "unexplained and heavy-handed way" that Papa Joh...

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