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Trump's Desperation Is Exposing His Deep Ignorance

RealClearPolitics - Tue, 04/25/2017 - 22:11
Brian Beutler, The New Republic
After pitching himself to voters as a hard-nosed negotiator who could easily wring out of the political system accomplishments that had eluded all past presidents, Donald Trump turns out to be uniquely bad at quarterbacking legislation through Congress.

Who Watches a Murder Streamed Live on Facebook?

RealClearPolitics - Tue, 04/25/2017 - 22:11
Jason Riley, Wall Street Journal
Robert Godwin's killing was replayed 1.6 million times. AI can help, but not with human nature.

Trump opposes including Obamacare subsidies in spending bill: Mulvaney

Reuters US Politics - Tue, 04/25/2017 - 21:59
WASHINGTON (Reuters) - U.S. President Donald Trump will not agree to a Democratic demand that subsidies for Obamacare be included in a must-pass spending bill in Congress, White House budget director Mick Mulvaney said on Tuesday.

U.S. commerce secretary eyes more trade moves: WSJ

Reuters US Politics - Tue, 04/25/2017 - 21:44
WASHINGTON (Reuters) - The Trump administration may undertake trade actions to protect the U.S. semiconductor, shipbuilding and aluminum industries, citing national security concerns, Commerce Secretary Wilbur Ross told the Wall Street Journal in an interview on Tuesday.

Trump tax plan will sharply slash corporate tax rates

Top Reuters News - Tue, 04/25/2017 - 21:41
WASHINGTON (Reuters) - U.S. President Donald Trump will release a tax plan on Wednesday stating broad principles and proposing some deep cuts, mostly for businesses, including a slashed corporate income tax rate and steeply discounted tax rate for overseas corporate profits brought into the United States, officials said.

Trump administration to review dozens of U.S. national monuments

Top Reuters News - Tue, 04/25/2017 - 21:22
WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday will order a review of national monuments created over the past 20 years with an aim toward rescinding or resizing some of them - part of a broader push to reopen areas to drilling, mining and other development.

Trump administration to review dozens of U.S. national monuments

Reuters US Politics - Tue, 04/25/2017 - 21:22
WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday will order a review of national monuments created over the past 20 years with an aim toward rescinding or resizing some of them - part of a broader push to reopen areas to drilling, mining and other development.

Palantir settles U.S. lawsuit charging bias against Asians

Top Reuters News - Tue, 04/25/2017 - 20:30
WASHINGTON (Reuters) - The data analytics and security company Palantir Technologies Inc has agreed to pay nearly $1.7 million to resolve charges it discriminated against Asian applicants for engineering jobs at its Palo Alto, California, office, the U.S. Labor Department said on Tuesday.

U.S. military begins moving THAAD missile defense to South Korea site: media

Top Reuters News - Tue, 04/25/2017 - 19:15
SEOUL (Reuters) - The U.S. military has started moving parts of the controversial THAAD anti-missile defense system into a planned deployment site in South Korea, Yonhap news agency reported on Wednesday, amid high tensions over North Korea's missile and nuclear programs.

Macron, Le Pen trade accusations in French election race

Top Reuters News - Tue, 04/25/2017 - 19:02
PARIS (Reuters) - France's two presidential candidates traded barbs on Tuesday with centrist Emmanuel Macron accusing far-right rival Marine Le Pen of promoting hatred, while she labeled him as the "candidate of the oligarchy."

Trump’s 'poison pill': Saudi Arabia vs 9/11 families

MiddleEasteye - Tue, 04/25/2017 - 18:19
Language Undefined

Trump's administration must delicately balance rights of 9/11 families and ties with Saudi Arabia

Council of Europe Downgrades Turkey as Erdogan Bombs Kurds

Who What Why - Tue, 04/25/2017 - 17:58

The Council of Europe watchdog voted to put Turkey on a human rights monitoring list on Tuesday amid widespread claims of fraud in a controversial referendum that gave President Recep Tayyip Erdogan authoritarian powers.

The amendments to the Turkish constitution that passed by a narrow margin of just under 3 percent “do not comply with our fundamental and common understanding of democracy,” rapporteur Marianne Mikko said at the assembly, triggering an angry response from the Turkish government.

Erdogan later threatened to abandon Turkey’s bid to join the EU.

On the same day, Turkey unleashed bombing raids in Iraq and Syria that killed dozens of US-backed Kurdish militants in what experts fear could signal a new Turkish operation in Syria that could set back the fight against the Islamic State.

“These airstrikes were not approved by the Counter ISIS Coalition and led to the unfortunate loss of life of our partner forces,” the Pentagon said in statements to journalists.

Erdogan is nevertheless scheduled to meet US President Donald Trump on May 16-17 in Washington, D.C., Reuters reported days ago, amid a major diplomatic push by Turkey in Russia, China, India, and the EU.

One topic the two presidents, both champions of a rising global wave of authoritarian sentiments, are likely to discuss is the fate of an obscure gold trader who is key to a 2013 corruption scandal centered on Erdogan’s inner circle. This trader is currently held by US authorities on charges of helping Iran evade UN nuclear sanctions. According to a New York Times report, former NY mayor and Trump aide Rudolph Giuliani offered Erdogan the release of Reza Zarrab in exchange for unspecified concessions by Turkey that “might further aid the United States’ interests in the [Middle East] region.”

That, in turn, may have very much to do with the Kurds and with Syria, where Turkey has been seeking to carve out a rebel buffer zone. WhoWhatWhy is following these developments closely. Stay tuned for our next report.

The post Council of Europe Downgrades Turkey as Erdogan Bombs Kurds appeared first on WhoWhatWhy.

Akebia shares jump on expanded anemia drug deal with Otsuka

MarketWatch Market Pulse - Tue, 04/25/2017 - 17:41

Akebia Therapeutics Inc. shares jumped in the extended session Tuesday after the biotech company said it expanded its collaboration with Otsuka Pharmaceutical Co., part of Otsuka Holdings Co. , on an anemia treatment. Akebia shares rallied 29% to $12.10 after hours. The company said it expanded its collaboration with Otsuka on the drug vadadustat to exend into Europe, China, and other markets. Vadadustat is currently in late-stage clinical trials for the treatment of anemia in patients with chronic kidney disease. The agreement expands on one where both companies would equally share the development and commercial costs of vadadustat for the U.S. market. Under the agreement, Akebia will receive at least $208 million from Otsuka with possibly up to $658 million in milestone payments.

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.

U.S. FCC to launch 'comprehensive review' of media regulations

Top Reuters News - Tue, 04/25/2017 - 17:34
WASHINGTON (Reuters) - Federal Communications Commission Chairman Ajit Pai on Tuesday said the top U.S. telecommunications regulator will launch a "comprehensive review" of regulations that restrict consolidation among media companies, potentially opening the door to a new wave of deals among broadcasters and newspapers.

Ron Paul on New Syria Sanctions and Still Unproven Gas Attack Claim

Antiwarblog - Tue, 04/25/2017 - 17:15

President Trump has yet to provide any credible evidence that the gas attack in Syria earlier this month was carried out by Assad, and in the meantime very serious questions about the veracity of White House claims are arising from very credible experts. Yet the Administration seems ever more determined now that it has done a 180 degree turn and demanded regime change for Syria. Late last week the White House announced sanctions on 271 Syrian scientists who Trump claims are working on chemical weapons. The proof? None. How to explain this sudden embrace of the neocon line on Syria and elsewhere? It might be telling that according to recent press reports the architect of the disastrous Iraq war, Paul Wolfowitz, is lending advice on the Middle East to Defense Secretary Mattis and National Security Advisor H.R. McMaster. They have all apparently been friends for years. More in today’s Ron Paul Liberty Report:

Reprinted from The Ron Paul Institute for Peace & Prosperity.

Edwards Lifesciences shares surge on earnings beat, outlook

MarketWatch Market Pulse - Tue, 04/25/2017 - 17:14

Edwards Lifesciences Corp. shares rallied in the extended session Tuesday after the heart disease and critical-care-monitoring products maker's quarterly results topped Wall Street estimates. Edwards shares surged 8.4% to $107.20 after hours. The company reported adjusted first-quarter earnings of 94 cents a share on revenue of $883.5 million. Analysts surveyed by FactSet had forecast 82 cents a share on revenue of $777 million. For the year, Edwards sees adjusted earnings of $3.43 to $3.55, up from a previous range of $3.30 to $3.45, on revenue of $3.2 billion to $3.4 billion. Analysts expect $3.41 a share on revenue of $3.27 billion.

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.

Trump drops support for 'border adjustment' tax: report

MarketWatch Market Pulse - Tue, 04/25/2017 - 17:02

The Trump administration has dropped support for a so-called border adjustment tax, the New York Times reports a day ahead of a tax-plan announcement by President Donald Trump. House Republicans have backed the proposal, which would tax imports while exempting exports. Treasury Secretary Steven Mnuchin said last week it was not "off the table." Two people briefed on the matter told the Times it has been shelved but may be revisited later.

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.

Wynn Resorts shares rise after results top Street view

MarketWatch Market Pulse - Tue, 04/25/2017 - 17:01

Wynn Resorts Ltd. shares rose in the extended session Tuesday after the casino resort operator topped Wall Street results for the quarter. Wynn shares rose 3.7% to $122.60 after hours. The company reported adjusted first-quarter earnings of $1.24 a share on revenue of $1.48 billion. Analysts surveyed by FactSet had forecast earnings of 98 cents a share on revenue of $1.4 billion.

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.

API data show gains in weekly U.S. crude and gasoline supplies: sources

MarketWatch Market Pulse - Tue, 04/25/2017 - 16:56

The American Petroleum Institute late Tuesday reported a rise of 897,000 barrels in U.S. crude supplies for the week ended April 21, according to sources. The API data also showed a climb of about 4.4 million barrels in gasoline supplies, while inventories of distillates were little changed, down 36,000 barrels, sources said. Supply data from the Energy Information Administration will be released Wednesday morning. Analysts polled by S&P Global Platts forecast a decrease of 1 million barrels in crude inventories. June crude was at $49.26 a barrel in electronic trading, down from the contract’s settlement of $49.56 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.

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