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Suspect in Michigan airport stabbing attempted to buy gun before attack

Top Reuters News - Thu, 06/22/2017 - 17:36
(Reuters) - The man charged with stabbing an airport police officer in Michigan unsuccessfully attempted to purchase a gun before the attack, which is being investigated as an act of terrorism, federal officials said on Thursday.

Great Again: Never-Trumps Are Becoming Uneasy

RealClearPolitics - Thu, 06/22/2017 - 17:09
Conrad Black, American Spectator
One of the straws in the wind that indicates that the Never-Trumpers are becoming uneasy, as they are cantilevered out over the Grand Canyon while they try to attach credence to bad fairy tales about collusion and obstruction and unctuously incite thoughts of impeachment, is that some of the more sane commentators are asking for silence from the president’s twitter account. The claim is that the president has only himself to blame for his feelings of a “witch-hunt,” and if he were just quietly going about his business, the implication is that the atmosphere would become...

Qatar blockade: UAE sets demands to end crisis

MiddleEasteye - Thu, 06/22/2017 - 16:43
Language Undefined

Criticising Qatar's support for Hamas and Muslim Brotherhood, UAE minister says main concern is to stop Doha from 'supporting terrorism'

Bed Bath & Beyond shares tank after earnings, sales miss

MarketWatch Market Pulse - Thu, 06/22/2017 - 16:28

Shares of Bed Bath & Beyond Inc. tanked 12% late Thursday after the retailer reported fiscal first-quarter earnings and sales that missed expectations, citing "softness" in in-store sales. Bed Bath & Beyond said it earned $75.3 million, or 53 cents a share, compared with $122.6 million, or 80 cents a share, in the year-ago period. Sales reached $2.74 billion, flat in relation to the prior-year quarter. Analysts polled by FactSet had expected earnings of 66 cents a share on sales of $2.79 billion. The company saw "strong growth" in digital channels in the quarter, but in addition to in-store softness, it also faced higher direct-to-customer shipping expenses, coupon expenses, and advertising costs during the quarter, it said in a statement. "It remains to be seen whether these challenges were more pronounced in, or unique to, the first quarter due to the smaller sales base in this period, and/or a later start to the summer selling period," it said. Shares ended the regular trading session up 0.2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Tough-talking Trump defense lawyer says he's no 'snowflake'

Reuters US Politics - Thu, 06/22/2017 - 16:24
NEW YORK (Reuters) - The latest lawyer hired to represent U.S. President Donald Trump in the federal investigation of Russian interference in the 2016 election is an ex-Marine who likens some cases to war.

Dow, S&P 500 book 3rd straight loss, even as oil and health care rally

MarketWatch Market Pulse - Thu, 06/22/2017 - 16:09

The Dow industrials and the S&P 500 on Thursday logged their third straight finish in the red, despite crude-oil prices gaining after a recent sell-off, and as health-care stocks lured buyers. Still, sharp gains in the health-care sector wasn't enough for the Dow Jones Industrial Average and the S&P 500 index to halt a recent downtrend. The Dow closed little changed but enough for the index to end off 0.1% lower at 21,397, the S&P 500 index [: SPX] closed down, 1 point, or less than 0.1%, at 2,434, while the Nasdaq Composite Index logged a slight gain of less than 0.1% at 6,236. Health-care was the start of the day's action, with the sector, as measured by the exchange-traded Health Care Select Sector SPDR ETF on pace to book its best weekly gain, up 9.3%, since the period ended Nov. 11. A popular biotechnology ETF, the iShares Nasdaq Biotechnology ETF , also was on track for its best weekly gain since November. Those moves came as lawmakers released a draft of the GOP-led, health-care bill that is aimed at overhauling Obamacare. Among companies, health-care names Johnson & Johnson and Merck & Co. Inc. [: MRK] were among the best performers among blue chips. Looking ahead, the Federal Reserve's test of the banking sectors financial health will be released after the close, which could influence trade for banks including Goldman Sachs Group , and J.P. Morgan Chase & Co. . Meanwhile, crude-oil prices , advanced 0.5%, to settle at $42.74 a barrel on the New York Mercantile Exchange.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

ANALYSIS: Trump's moves in Syria are tactical, not strategic

MiddleEasteye - Thu, 06/22/2017 - 15:56
Language Undefined

With no overarching plan on what to do in Syria, experts say US may risk conflict with Russia or Iran

EU leaders urge Internet giants to fight online extremism

MiddleEasteye - Thu, 06/22/2017 - 15:31
Language Undefined

There is growing alarm in Europe over the use of social media as a recruiting tool, especially by the Islamic State group

Will Robert Mueller Separate Fact From Fiction?

RealClearPolitics - Thu, 06/22/2017 - 15:10
David Von Drehle, Time
In Washington, the 'first law of holes' is one of those shopworn maxims that are so familiar, they need not be spoken. It's like what you should do if you want a friend in the capital: 'Get a dog' goes without saying. But maybe things are different where Donald Trump came from. And maybe that's why he didn't know what to do when he found his young presidency in a small hole involving contacts between a few of his underlings and Russian officials.

Left-Wing Politics Will Be the Demise of the Dems

RealClearPolitics - Thu, 06/22/2017 - 15:09
Shermichael Singleton, The Hill
Progressivism is ruining the Democratic Party. It will be interesting to watch how much damage it will do to the brand before the party recognizes that progressivism doesn’t resonate with the American people, not now, nor will it in 2018 and beyond.

Dems Don't Have a Policy Problem. It's a Marketing Problem.

RealClearPolitics - Thu, 06/22/2017 - 15:09
Paul Waldman, Week
Democrats continued their 2017 run of being unable to win special elections in strongly Republican districts on Tuesday. These results have led people to ask what the Democratic Party must change if it is to take back Congress (and eventually the White House). I have what may be the most cynical answer, but one that is unavoidable: What the Democrats need is better marketing. That's really about it.

Can McConnell Defuse Ticking Obamacare Time Bomb?

RealClearPolitics - Thu, 06/22/2017 - 15:07
James Antle, DC Examiner
President Trump once compared Obamacare to a ticking time bomb, suggesting his predecessor set it to detonate after he left office. Congressional Republicans have certainly found that analogy apt when it comes to disassembling the healthcare law. Untangling its complicated web of subsidies and mandates is like deciding whether to cut the blue wire or the yellow wire. Every move you make could blow up in your face.

Congress Heads for a Showdown on Obamacare

RealClearPolitics - Thu, 06/22/2017 - 15:04
Michelle Cottle, The Atlantic
After days and weeks of breathless anticipation, Senate Republican Leader Mitch McConnell is set to release a “discussion draft” of his chamber’s version of the wildly controversial (read: unpopular) AHCA. To clarify: What McConnell’s dropping is not an actual bill, with the devilish details of a plan laid out in expansive, if largely impenetrable legislatese. A discussion draft can be as specific or as vague as the leader sees fit, and vanishingly few outside of McConnell’s office know for certain what to expect: A document resembling actual legislation? A...

Saving Chief Wahoo

RealClearPolitics - Thu, 06/22/2017 - 15:04
Daniel Henninger, Wall Street Journal
The Supreme Court’s breathtaking defense of the bedrock principle of freedom to speak.

Who Does the FBI Work For?

RealClearPolitics - Thu, 06/22/2017 - 15:02
Ben Domenech, The Federalist
If you work for any extended amount of time in Washington, you are likely to meet people who work within the intelligence and law enforcement communities. You learn to recognize potential sources and those who will never be. The bad sources love to tell stories, so many stories, with at least a veneer of truth. The good sources will tell far fewer stories, but only when it’s important. But the most frequent stories you will hear, from good and bad, are stories of internal dysfunction and irresponsible uses of power. This is not confined to one administration or another, but is a...

The Long-Term Cost of Saudi Succession Shake-Up

RealClearPolitics - Thu, 06/22/2017 - 14:59
Bruce Riedel, Al-Monitor
The king has now twice removed the sitting crown prince, a heretofore unprecedented move in the kingdom. Two years ago, Salman deposed his half-brother Prince Muqrin with no explanation and promoted Mohammed bin Nayef. The latest move puts Mohammed bin Salman, 31, next in line for the throne.

The Criminal ‘Laws’ of Counterinsurgency

ConsortiumNews - Thu, 06/22/2017 - 14:57
A new book traces how the CIA and U.S. counterinsurgency warfare operatives adopted lessons from the Nazis’ fight against the partisans and evolved into a dangerous law onto themselves, writes retired JAG Major Todd E. Pierce. By Todd E. Pierce…

Exclusive: Amazon to charge $2.8 million for NFL ad packages - sources

Top Reuters News - Thu, 06/22/2017 - 14:57
NEW YORK (Reuters) - Amazon.com Inc is looking to charge advertisers $2.8 million for packages that include 30-second spots during the Thursday night National Football League games it will stream live to its Prime customers this coming season, two people familiar with the matter told Reuters.

Republicans Won on Tuesday. But Trump Didn't.

RealClearPolitics - Thu, 06/22/2017 - 14:44
E.J. Dionne, Washington Post
What we learned from Tuesday's special congressional election in Georgia is that there is no magical solution to the country's Trump problem. This will be a long fight. Karen Handel's victory over Democrat Jon Ossoff was not an endorsement of the president. It was a personal and party success achieved despite him

Oil recoups some of its recent loss; strong U.S. output remains a key concern

MarketWatch Market Pulse - Thu, 06/22/2017 - 14:41

Oil prices rose Thursday, recouping only small portion of the more than 2% decline they saw as strong U.S. crude output remained a key concern. The energy market will get a weekly update on the number of active U.S. rigs drilling for oil on Friday. August WTI crude tacked on 21 cents, or 0.5%, to settle $42.74 a barrel on the New York Mercantile Exchange following two straight sessions of declines.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.