• Trump rolls out push to privatize air traffic system
Trump rolls out push to privatize air traffic system

The air traffic controllers' union also is supportive of the proposal . Trump is largely throwing his support behind Rep. Bill Shuster's (R-PA) air traffic control reform proposal. House for former Republican Majority Leader Eric Cantor. "That is one of the areas administration would be mirroring other countries and how they operate privatiz...

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  • Oil prices drop amid glut concerns, climate deal pullout
Oil prices drop amid glut concerns, climate deal pullout

A week ago, the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC members met in Vienna to roll over the output cut deal to reduce 1.8 million barrels per day (bpd) until the end of next March. USA crude production has also continued to increase, rising to 9.34 million bbl/d, up almost 500,000 bbl/d from a year-ago. ...

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  • China's credit rating downgraded by Moody's from Aa3 to A1
China's credit rating downgraded by Moody's from Aa3 to A1

It's "absolutely groundless" for Moody's to argue that local government financing vehicles and state-owned enterprise debt will swell the government's contingent liabilities, according to a statement released by the Ministry of Finance. Global banking and financial advisory provider Macquarie, "This news is a clear China negative in our view (even ...

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  • GOP candidate who scuffled with reporter wins Montana House election
GOP candidate who scuffled with reporter wins Montana House election

The incident has drawn extra attention to the race to replace Interior Secretary Ryan Zinke , considered a bellwether, in its final hours. It's unclear how it will affect the race, since about two-thirds of voters in that state have already picked Gianforte in early voting ahead of Thursday's election.

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  • Supreme Court Reins-In Patent Venue
Supreme Court Reins-In Patent Venue

This ruling hurts those companies since they can no longer file in remote federal courts that have a reputation for friendliness to plaintiffs. The most favored venue for patent trolls has always been the U.S. While the suit had nothing to do with technology, it highlighted the practice of "forum shopping" by forcing TC Heartland to face a su...

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  • Senate confirms Iowa Governor Branstad as ambassador to China
Senate confirms Iowa Governor Branstad as ambassador to China

Branstad, who was elected governor in 1982 and returned in 2011 for his sixth nonconsecutive term, in recent years also privatized Iowa's Medicaid health care program for the poor and disabled without legislative approval, a move he defended amid a court challenge and one that he claims saved the state money in the long run.

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  • Westpac says bank levy will cost it $260m
Westpac says bank levy will cost it $260m

Based on Westpac balance sheet at the end of March, the 6 basis point levy would apply to about $615 billion of Westpac's liabilities. It will apply to banks with liabilities of more than A$100 billion and won't impact either regional lenders or foreign banks operating in Australia.

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  • England into Twickenham quarter-finals and seal second spot
England into Twickenham quarter-finals and seal second spot

The nation's sevens team became the first Scottish side to beat a New Zealand team in any form of rugby in the 112 years since the countries first met. "You couldn't write a script like that". With just seconds remaining and New Zealand leading 21-17, an eagle eyed assistant referee spotted eight black jerseys and told Argentinian referee Damian ...

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  • Trump lashes out at critics, 'naysayers,' unfair treatment
Trump lashes out at critics, 'naysayers,' unfair treatment

President Donald Trump congratulated graduates of the U.S. Coast Guard Academy for choosing military service during the commencement address on Wednesday. During Wednesday's speech, Trump continued that trend and used a larger bully pulpit to counterpunch at his critics. "Don't back down, and never stop doing what you know is right", he thunder...

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  • Cruz: Western Wall 'part of Israel' & Jerusalem Israel's capital
Cruz: Western Wall 'part of Israel' & Jerusalem Israel's capital

H.R. McMaster said Trump will say a prayer next week at the Western Wall, which is revered as the holiest site where Jews can pray. Keep in mind that this is coming after a meeting between Trump and Netanyahu in Washington in February of this year, where, during a press conference, Trump inexplicably turned to his guest and casually suggested t...

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  • Kia to display around 4 cars at 2018 Auto Expo
Kia to display around 4 cars at 2018 Auto Expo

Reiterating that KIA Motors decided not to set up factory only due to "their internal policy", the government said, "Hyundai Motor India (the Indian subsidiary of Hyundai Motor Company) is a major shareholder in KIA Motors has announced additional investment in existing unit at Sriperumbudur to the tune of Rs 5,000 Crore".

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  • School Board holds budget hearing
School Board holds budget hearing

Amscan's share of the 6.46 percent tax levy increase is 5.10 percent, bringing the share to be paid by the average homeowner in Chester down to 1.36 percent - at or below levels from four years ago. The budget passed 2,453 to 746. The budget vote also secured approval for the purchase of 22 of new school buses at a cost not to exceed $2.25 millio...

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  • Disney CEO says hackers claim to have access to upcoming movie
Disney CEO says hackers claim to have access to upcoming movie

Countdown to the release of Pirates of The Caribbean: Dead Men Tell No Tales, with The Movie Hype App. The name of the film was not released during as the studio is working with federal investigators. The show is officially set to be released on June 9. FOX, IFC, NAT GEO, and ABC. We're not playing any games anymore, " the Twitter account posted in...

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  • Elon Musk demonstrates tunnel driving at 200km/h
Elon Musk demonstrates tunnel driving at 200km/h

The twisted genius just posted video of a test sled zooming through a test tunnel. It is Gary's natural digging ability that is helping drive Musk's desire to build a more efficient drill, as he told audiences at the TED Conference. Elon Musk reportedly acquired the pre-owned machine from L.A. Metro. The CEO posted the video to Instagram ....

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  • Multiple Ocean-Goers Warned from OC Waters Due to Sharks
Multiple Ocean-Goers Warned from OC Waters Due to Sharks

The last thing anyone participating in a water activity in the ocean wants to learn is that they are swimming next to a great white shark. Leeanne Ericson , a 35-year-old mother of three , was with her boyfriend when a shark bit a large portion of the back of her right leg and dragged her under the water.

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  • Chinese defence ministry confirms new missile test
Chinese defence ministry confirms new missile test

The Asian superpower has pushed for a diplomatic resolution, aiming to end the military posturing from all sides. China's Ministry of National Defense said Wednesday that the military successfully test-fired a new type of missile into waters near the Korean Peninsula - an announcement that comes amid Chinese anger over the deployment in South K...

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  • CIA creates Korea Mission Center focused on North
CIA creates Korea Mission Center focused on North

North Korea is making less headlines these days, but that doesn't mean the threat has vanished, according to US intelligence officials. The CIA has announced the establishment of a new "Korea Mission Center" which will be focused exclusively on North Korea, saying it will coordinate all CIA resources and the resources of all other USA spy agencie...

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  • CIA creates dedicated mission center for North Korea
CIA creates dedicated mission center for North Korea

During a visit to South Korea at the beginning of May, the fourth by a senior Trump administration official this year, Pompeo met with ROK and US leaders during a three-day visit to engage in "detailed security discussions". Creating a mission centre focused on one country, as opposed to an entire region or continent indicates that the administrati...

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  • Puerto Rico requests bankruptcy-like restructuring of $70 billion in debt
Puerto Rico requests bankruptcy-like restructuring of $70 billion in debt

On Wednesday, the Financial Oversight and Management Board for Puerto Rico announced they had moved to place the USA territory into federal bankruptcy court, making it the largest entity of the USA government to seek refuge from creditors in the courts in history.

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  • Rajnath to chair review meeting of Naxal-affected states today
Rajnath to chair review meeting of Naxal-affected states today

Highlighting the pro-active surrender and rehabilitation policy of the state government, Patnaik said: "Determined efforts of the state to contain the extremist activities have been substantially successful in weaning away the population in the affected areas of the state from the ideology of violence and extremism".

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