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Monthly Archives: June 2018

Conservative groups pan Trump’s move to bail out coal, nuclear plants

In her view, the plan stretches the limits of the Federal Power Act and the Defense Production Act to achieve a political goal. Tubb equated the proposal to President Barack Obama’s use of the Clean Air Act to justify his move to limit greenhouse gas emissions from power plants under …

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Soybean exports to China are down big from last year with ‘lost’ sales mounting

While U.S.-China trade talks remain unresolved, data shows the U.S. has lost more soybean sales to the Asian country this year than last. “Soybean exports to China are down significantly from last year and the volume of outstanding sales is relatively low, indicating that there doesn’t seem to be a …

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Expert offers 5 pieces of advice to Trump for Kim Jong Un summit

Saul Loeb | AFP | Getty Images President Donald Trump reads an executive order withdrawing the US from the Trans-Pacific Partnership prior to signing it in the Oval Office of the White House in Washington, DC, January 23, 2017. As the summit between Washington and Pyongyang takes shape, it remains …

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Races to watch in California and New Jersey

Butch Dill | AP Voters arrive to cast their ballots during the Alabama Primary election at Huntingdon College, Tuesday, June 5, 2018, in Montgomery, Ala. A slate of primary elections in eight states Tuesday will have perhaps the biggest stakes yet this year for the battle for Congress. The most …

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FIFA files complaint over World Cup sales

Getty Images FIFA on June 5, 2018 said it had filed a criminal complaint against the secondary ticketing firm Viagogo’s sale of 2018 World Cup tickets, opening a new battle between sports organisations and websites seeking a share of their profits. A category 3 ticket, the cheapest available to non-Russian …

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Cryptocurrency exchange Bitfinex briefly halts trading after cyber attack

One of the world’s largest digital currency exchanges shut down briefly Tuesday morning due to a cyber attack. Bitfinex was targeted in what’s known as a DDoS, or a distributed denial-of-service attack, which overwhelms a system with multiple virus-infected servers. “The previous outage was caused by issues with one of …

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Apple iPhone won’t see tariffs amid China trade tensions: CEO Tim Cook

Getty Images Apple CEO Tim Cook (R) and Apple chief design officer Jonathan Ive (L) look at the new Apple iPhone X during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California. Apple CEO Tim Cook doesn’t expect …

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Paul Manafort freedom at risk after Mueller alleges witness tampering

Aaron P. Bernstein | Bloomberg | Getty Images Paul Manafort, former campaign manager for Donald Trump, waves while exiting federal court in Washington, D.C. A federal judge on Tuesday scheduled a hearing for June 15 on special counsel Robert Mueller’s request to revoke the $10 million release bond of ex-Trump …

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Amazon upping India investment by $2 billion, report says

Jason Redmond | AFP | Getty Images Chief Executive Officer of Amazon, Jeff Bezos, tours the facility at the grand opening of the Amazon Spheres, in Seattle, Washington on January 29, 2018.  Amazon is set to up its investment in India by $2 billion, CNBC affiliate CNBC TV-18 reported Tuesday, …

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‘Opening’ for investors as Ethiopia lifts state of emergency

Minasse Wondimu Hailu | Anadolu Agency | Getty Images Ethiopian Prime Minister Abiy Ahmedat at the National Palace in Addis Ababa, Ethiopia, on May 25, 2018. East African growth hub Ethiopia lifted its state of emergency two months early on Tuesday, and now could be the time for frontier market …

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