World Anti-Doping Agency president Craig Reedie said Thursday the body could lift its suspension of Russia’s drug-testing authority later this year after nearly two years on the blacklist.The Russian Anti-Doping Agency (RUSADA) has been suspended since…
All Blacks assistant coach Wayne Smith announced Friday he was leaving the world champions, saying he needed to “take a break” from the game.The widely respected Smith, part of the brains trust that helped guide New Zealand to back-to-back World Cups, …
Unbeaten double world junior welterweight champion Terence Crawford defends his crowns against former Olympic champion Felix Diaz on Saturday at New York’s Madison Square Garden.Crawford, 30-0 with 21 knockouts, will try to retain the World Boxing Coun…
The European Union Thursday said telecom company Altice breached EU rules by prematurely taking over Portugal Telecom (PT) without full clearance from regulators.The European Commission can fine the company up to 10 percent of its annual worldwide turn…
The Greek parliament late Thursday adopted a new round of austerity cuts which the government hopes will secure a pledge of debt relief and loan disbursements by EU-IMF creditors this month.The bill entails 4.9 billion euros ($5.4 billion) in pension c…
US stocks recovered some of their losses on Thursday from the prior session’s rout, but European and Asian markets retreated on worries about the prospects for implementation of President Donald Trump’s agenda.
Wall Street investors took advantage of lower prices for Apple, Amazon, Facebook and other sought-after equities that were depressed after Wednesday’s rout, lifting the tech-rich index 0.7 percent, a bit more than the gain in the Dow and S&P 500.
But European and Asian bourses fell, with analysts pointing to unease over a string of Trump scandals and stumbles that have thrown his plan for tax cuts and other growth initiatives into doubt.
“European equities are now fully entangled in the Trump-related sell-off. Yesterday the US market bore the brunt of the move but now it has gone global,” said David Madden, analyst at traders CMC Markets UK.
“Trump Dump!!” tweeted Mati Greenspan, senior markets analyst at eToro in Tel Aviv.
Art Hogan, chief market strategist at Wunderlich Securities, said Thursday’s gains in the US were a “dead cat bounce” after Wednesday’s losses, and he predicted more volatility ahead.
“The reassessment of the agenda being pushed out will continue to put a lid on stocks,” Hogan said, although while Trump’s plans certainly will be delayed by his problems, they may not be dead.
The dollar also recovered a bit from multi-month lows against the euro.
Among individual US stocks, Wal-Mart Stores jumped 3.2 percent after reporting a rise in sales at US stores and sharp increases in e-commerce growth.
Cisco Systems slumped 7.2 percent after announcing it was cutting 1,100 jobs as it reported weaker-than-expected financial results in the past quarter.
Meanwhile, in Brazil, the Bovespa index plunged 8.8 percent after President Michel Temer was placed under investigation for allegedly agreeing to paying hush money to a jailed politician.
Temer, who came to power following the impeachment of former president Dilma Rousseff, vowed not to resign in a brief televised statement to the nation.
US-traded shares of Petroleo Brasileiro SA Petrobras plunged 16.9 percent in the wake of the scandal.
– Key figures around 2100 GMT –
New York – Dow: UP 0.3 percent at 20,663.02 (close)
New York – S&P 500: UP 0.4 percent at 2,365.72 (close)
New York – Nasdaq: UP 0.7 percent at 6,055.13 (close)
London – FTSE 100: DOWN 0.9 percent at 7,436.42 (close)
Frankfurt – DAX 30: DOWN 0.3 percent at 12,590.06 (close)
Paris – CAC 40: DOWN 0.5 percent at 5,289.73 (close)
EURO STOXX 50: DOWN 0.6 percent at 3,562.25
Tokyo – Nikkei 225: DOWN 1.3 percent at 19,553.86 (close)
Hong Kong – Hang Seng: DOWN 0.6 percent at 25,136.52 (close)
Shanghai – Composite: DOWN 0.5 percent at 3,090.14 (close)
Euro/dollar: DOWN at $1.1105 from $1.1157 at 2100 GMT
Dollar/yen: UP at 111.55 yen from 110.96 yen
Pound/dollar: DOWN at $1.2928 from $1.2967
Oil – Brent North Sea: UP 30 cents at $52.51 per barrel
Oil – West Texas Intermediate: UP 28 cents at $49.35 per barrel
Four automakers including Toyota and BMW agreed Thursday to pay $553 million to settle a US lawsuit over the defective Takata airbags blamed for 11 deaths in the United States alone.The lawsuit filed in late February claimed the carmakers were aware of…
Bangladesh captain Mashrafe Mortaza is happy to go straight back into action on Friday as the Tigers go in search of their first win in the Tri-Series in Dublin.After their first game in the one-day international tournament, a warm-up for next month’s …
Marketplace 99 will hold a special event during their Memorial Weekend Sidewalk Sale on Saturday, May 27th from 11 a.m. to 3 p.m.
Industry leaders shared insights on directing marketing dollars for maximum effect
Registration Opens April 17 for July 24-28 Weeklong Camp in Salinas
Voila! English Study Guide for French Students Hits the Mark
Anyone can say they’re the best place to buy power cables or that they have the best customer service.
American software giant Microsoft held back from distributing a free security update that could have protected computers from the WannaCry global cyber attack, the Financial Times reported Thursday.In mid-march, Microsoft distributed a security update …
President Emmanuel Macron on Friday visits conflict-torn Mali, where French troops have been fighting jihadists for four years, in his first official visit outside Europe after taking power.He will address French soldiers stationed in the city of Gao i…
US southpaw Gary Russell defends his World Boxing Council featherweight crown Saturday against Colombia’s Oscar Escandon but is looking at rival champions Lee Selby of Britain and Leo Santa Cruz.Russell, 27-1 with 16 knockouts, enters the ring before a…
France was ready to deploy a secret crisis plan to “protect the republic” if far-right politician Marine Le Pen had won the election, a French magazine has reported, citing sources. The plan included flooding the streets with police to ma…
Award Winning Green Urban Community Offering One, Two and Three Bedroom Apartments
Portability has a terrific impact on toilet units outdoors, and the recent addition is a portable home, incorporating the basic needs. If you believe future calls for change, then here is an updated version suffice to prove it again.
If you are facing a hectic schedule in your office and need a break then don’t go panic just schedule a few day off from your work and join this treatment center.
11 Morgan Auto Group Dealerships and 20 Rescue Groups to Participate
Harry Kane staked his claim to finish as the Premier League’s top scorer with a scintillating four-goal blast in Tottenham’s 6-1 demolition of Leicester on Thursday.Although Tottenham were unable to overhaul champions Chelsea in the title race, Maurici…
Explore alternative options to relieve common aches and pains
Join Vlado Footwear today, for the Vlado Block Party on Melrose from 3:00- 8:00 p.m PST. The event will take place at 7753 Melrose Ave, Los Angeles, CA next to Sporty LA directly across from Fairfax High School.
Brookfield Academy High School in Brookfield, Wisconsin chose Keeper Goals, Butler, WI to supply a custom designed backup net system and wall padding for their baseball facility.
GoTelecare, an ISO 9001:2008 and ISO 27001:2013 certified company, is a leading and global provider of medical billing outsourcing services in the U.S. healthcare domain.
24/7/365 Intelligent Monitoring of the ForgeRock Identity Platform
US regulators voted Thursday to scrap a 2015 order aimed at forcing broadband firms to treat all online traffic equally, in the latest turn of the politically charged “net neutrality” debate.
The Federal Communications Commission voted 2-1 to reverse the policy enacted two years earlier and which has been a subject of litigation for a decade.
Backers of net neutrality argue that the 2015 rules, which are being challenged in court, would guard against powerful broadband firms like Comcast and AT&T shutting out rival services and the creating online “fast” and “slow” lanes.
But others worry such rules were a heavy-handed effort to reclassify internet providers as utilities, and would discourage investment in the fast-evolving sector.
FCC chairman Ajit Pai, appointed by President Donald Trump, has said the change would return to “a light-touch regulatory framework.”
An FCC statement said the new plan, when finalized, would support efforts “toward restoring internet freedom and promoting infrastructure investment, innovation, and choice by proposing to end utility-style regulation of broadband internet access service.”
The vote, which begins a period of public comment ahead of final implementation, prompted a flurry of reactions on both sides of the debate.
Net neutrality has been the subject of legal and political battles for more than a decade, with both sides claiming to represent a “free and open” internet.
Ed Black of the Computer & Communications Industry Association, which represents major tech firms, said the FCC was moving against the public interest.
“It is baffling that the agency charged with protecting consumer internet access would instead kowtow to company threats not to invest in broadband buildout,” Black said in a statement.
Democratic Senator Al Franken said, “The FCC just took a major step toward destroying the internet as we know it, putting the interests of a handful of giant corporations like Comcast and Verizon ahead of the American people.”
Cinnamon Rogers of the Telecommunications Industry Association however called the vote “a step in the right direction for restoring sensible rules to govern the internet,” and said it would “allow industry to further invest in the network and meet the growing demand from consumers for new high-tech products and services.”
Meredith Attwell Baker of the CTIA, an association of wireless carriers, said the new framework “will promote billions of dollars of investment, millions of jobs and future innovation.”
FCC commissioner Mignon Clyburn, who cast the dissenting vote Thursday, wrote on Twitter: “Yet to see a credible analysis that suggests #broadband provider capital expenditures have declined” since the 2015 order.
Mexico’s central bank raised its key interest rate to a new high on Thursday to curb rising inflation.The Bank of Mexico raised the benchmark rate for Latin America’s second-biggest economy by a quarter-point to 6.75 percent, it said in a statement.Tha…
Michel Temer is the ultimate political insider who quietly and ruthlessly worked his way to the summit of Brazil’s political pyramid — before finding himself teetering in spectacular fashion.Known as a backroom dealer and kingmaker, the head of the po…
Kentucky Derby winner Always Dreaming will start alongside top rival Classic Empire in Saturday’s Preakness, with the oddsmakers favorites expected to stage a superb side-by-side break from the gates.”Always Dreaming is obviously a very good horse. We …
Atlanta Braves star first baseman Freddie Freeman will miss at least the next 10 weeks of the Major League Baseball season with a fractured left wrist, the team announced Thursday.Freeman suffered the injury when he was hit by a fastball from Toronto B…
Brazil’s President Michel Temer on Thursday defiantly said he would not resign from office despite a Supreme Court decision authorizing an investigation into allegations he condoned bribery of a potential witness in a major corruption probe.
Artisanal Ice Cream Brand Continues Rapid Growth in Retail Space
Premium charging technology company customized and designed branded charging tables and charging lounge for The Maryland Jockey Club’s 142nd race
French far-right leader Marine Le Pen, who lost the presidential election, said Thursday she will run in next month’s parliamentary election in which her National Front party hopes to become the leading opposition force.The vote will determine France’s…
Scott Marcle has been named to the newly created position of Corporate Trainer at Disaster One, Inc.
Iranian nationals living in the United States are divided over the Islamic Republic’s upcoming presidential election, but not about which candidate to back.
VERC Enterprises, a leading convenience store and Mobil/Gulf gasoline operator with locations throughout Eastern Massachusetts and New Hampshire is pleased to announce that Vicki Richard of Quincy, Massachusetts has joined the company as Human Resources..
A Gentle Kiss from God is Carol Ann Castagna’s fulfillment of God’s prompting. As Carol Ann’s life was punctuated with harsh conditions, words of hope that God etched in her heart find their way to pen and paper.
The Unconventional Women’s Conference is back again for another successful year.
The Great Kat’s “Top 20 Hot Shred Holidays” in Under 60 Seconds Video – with music from Kat’s Barber of Seville!
Britain’s Prince Charles warned Thursday that tiny island nations could be wiped off the map by climate change, at a Commonwealth gathering geared towards finding practical ways to reverse its effects.Charles, the heir to the throne, said the planet wa…
Plant life is growing on Antarctica like never before in modern times, fueled by global warming which is melting ice and transforming the landscape from white to green, researchers said Thursday.Scientists studying moss in an area spanning 400 miles (6…
England captain Dylan Hartley moved a step closer to a possible late British and Irish Lions call-up on Thursday after a fitness scare involving Ken Owens.Wales hooker Owens will miss the Scarlets’ Celtic League play-off clash against Leinster in Dubli…
Sebastian Soderberg and Michael Hoey shared the first round lead at the Sicily Open on Thursday after both men flirted with the magical score of 59.In the end, they carded matching 61s to be 10 under par at the Verdura Golf Club on a bright, sunny day …
Rising Star Chef Graham Laborde Brings Gulf Coast Sensibilities & Leadership to Killen’s Team
Britain’s Savannah Marshall, the only woman to have defeated double Olympic gold medallist Claressa Shields in a major amateur contest, has signed professional terms with US great Floyd Mayweather, it was announced Thursday.Marshall outpointed Shields …
The South Shore Chamber of Commerce (www.southshorechamber.org) in conjunction with the Women’s Business Connection will host “a Two-Day Golf Clinic & Play” on Tuesday June 6th and Tuesday, June 13th at Weathervane Golf Academy & Golf Course, 306.
LAKE BUENA VISTA, Fla. – The IdeaSport Soccer Program presented by LaLiga and Walt Disney World Resort will launch June 3-4 with a festival-style open house featuring LaLiga players and coaches at ESPN Wide World of Sports Complex at Walt Disney World…