• US congressman in critical condition after third surgery
US congressman in critical condition after third surgery

The single round traveled across Scalise's pelvis, "fracturing bones, injuring internal organs, and causing severe bleeding" stated the hospital Wednesday night. According to Sava, Scalise arrived at the hospital Wednesday in "critical condition with an imminent risk of death" after taking a gunshot to the hip during a GOP baseball practice.

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  • Greece to get some cash - and some idea of future debt relief
Greece to get some cash - and some idea of future debt relief

Klaus Regling , ESM managing director, told reporters that Greece will receive 8.5 billion euros ($9.48 billion) by the mechanism, with the first 7.7 billion euros ($8.58 billion) provided in early July. Among the measures offered to Greece was a possible 15-year extension in debt and interest payments due European creditors. "For that Greece h...

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  • Brexit negotiations with EU to begin on Monday: Britain
Brexit negotiations with EU to begin on Monday: Britain

She will have to manage conflicting demands from within her own party, including a proposal for business groups and lawmakers from all parties to agree a national position for Britain's most complex negotiations since World War Two. She said Britain should grant the three million European Union nationals already living in Britain the right to remai...

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  • Fed's lone dissenter Kashkari says weak inflation a concern
Fed's lone dissenter Kashkari says weak inflation a concern

During the financial crash and its aftermath the Fed bought up large quantities of Treasury bonds and mortgage-backed securities, forcing interest rates down and providing cash to markets as banks and investors sold their holdings. The Canadian dollar was last trading at C$1.3261 to the greenback, or 75.33 US cents, down 0.3 percent. AUD/USD is...

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  • OMERS ADMINISTRATION Corp Buys 44100 Shares of Alere Inc. (ALR)
OMERS ADMINISTRATION Corp Buys 44100 Shares of Alere Inc. (ALR)

Soros Fund Management LLC bought a new stake in Alere during the fourth quarter valued at approximately $207,000. Keeley Asset Management accumulated 403,105 shares. Jane Street Group LLC increased its position in shares of Alere by 104.6% in the first quarter. They expect $0.34 EPS, up 261.90 % or $0.55 from last year's $-0.21 per share.

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  • US Federal Reserve expected to raise interest rates Wednesday
US Federal Reserve expected to raise interest rates Wednesday

The prime rate will rise to 4.25 percent from 4 percent. As the chart shows, yields in India, thanks to much lower inflation , a lower RBI policy rate and abundant liquidity, have been falling. The Fed confirmed that it will proceed to trim its $4.5 trillion balance sheet this year. The median estimate of the long-run neutral rate, which...

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  • British PM calls for public inquiry as fire death toll reaches 17
British PM calls for public inquiry as fire death toll reaches 17

British media and angry local residents have raised a series of issues including whether the cladding used on the building helped the blaze spread. London Mayor Sadiq Khan has written to Prime Minister Theresa May demanding answers on behalf of residents."The local community feels their grief has been made worse by the lack of information about ...

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  • Trump talks infrastructure initiative on Kentucky border
Trump talks infrastructure initiative on Kentucky border

The two families standing behind Trump were from OH and Kentucky. Trump's plan is "way too much about helping his golfing buddies", Polis said. People don't want to see what's going on. "A private-sector-driven infrastructure plan means tolls, tolls, tolls - paid by average, working Americans", said Schumer, according to The Associated Press.

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  • Growth worries push stocks lower, Fed hike lifts US dollar
Growth worries push stocks lower, Fed hike lifts US dollar

Bloomberg poll revealed that only 5 of 100 economists surveyed expected the FED to maintain the interest rate in the prior range of 0.75-1 percent. In morning inter-bank trading, the shekel-dollar exchange rate was down 0.25% at NIS 3.5203/$ and down 0.32% against the euro at NIS 3.924/€.

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  • US accuses Chinese company of transferring NKorean money
US accuses Chinese company of transferring NKorean money

District Court for the District of Columbia, it would be "one of the largest seizures of North Korean funds " the U.S. Justice Department has made, the prosecutors noted in a statement . Ruggiero advocates more aggressive measures, including fines on Chinese banks that are used by front companies for North Korea. ZTE pleaded guilty and paid a $...

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  • 'Team Scalise' unites as lawmaker remains in critical condition
'Team Scalise' unites as lawmaker remains in critical condition

The game was played just one day after Rep. Steve Scalise and four others were shot during baseball practice for the game in Alexandria, Va. Scalise is still in the hospital, reportedly in critical condition with broken bones and damage to his internal organs.

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  • General Electric chief executive Jeff Immelt to retire
General Electric chief executive Jeff Immelt to retire

While GE ranks among the world's great industrial powerhouses, its stock price has languished and the company has been under particular pressure since Trian Fund Management , run by the billionaire investor Nelson Peltz, took a big stake in it almost two years ago.

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  • Amazon's purchase of Whole Foods already impacting grocery industry
Amazon's purchase of Whole Foods already impacting grocery industry

The Whole Foods deal signals a turning point for Amazon, after it struggled for years to break into the $800 billion US grocery business. SuperValu, with a network of 2,000 stores across the country, took one of the biggest hits, with a 14 percent drop Friday.

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  • After The Amazon Deal: What Will Shopping At Whole Foods Feel Like?
After The Amazon Deal: What Will Shopping At Whole Foods Feel Like?

Amazon's various forays into selling groceries - Amazon Fresh, Amazon Pantry, Prime Now - will get a boost from Whole Foods's store network and its loyal, affluent customer base. Amazon already offers grocery-delivery services in five markets, but the Whole Foods purchase would let it expand to many more. The Whole Foods deal could also get more ...

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  • Fed's rate hike to worsen Korea's household debt
Fed's rate hike to worsen Korea's household debt

Fed futures markets now put the chances for another rate increase this year at below 50 percent. A retreat in inflation over the past two months has caused jitters that the shortfall, if sustained, could alter the pace of future rate hikes .

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  • Twenty-First Century Fox Inc
Twenty-First Century Fox Inc

They presently have a $36.00 price objective on the stock. The stock traded at a volume of 7.33 million shares. It has outperformed by 86.57% the S&P500. Zurcher Kantonalbank (Zurich Cantonalbank) holds 151,051 shares. Finally, Cim Investment Mangement Inc. boosted its stake in Twenty-First Century Fox by 1.2% in the fourth quarter.

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  • BOJ holds policy steady, upgrades view on consumption, global growth
BOJ holds policy steady, upgrades view on consumption, global growth

He noted that the Federal Open Market Committee (FOMC) was relatively hawkish, releasing its plan for balance sheet reduction earlier than expected and keeping the interest rate outlook unchanged - despite market expectations for a slowing in the tempo of rate hikes.

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  • Rupee opens lower by 15 paise against dollar
Rupee opens lower by 15 paise against dollar

Relatively low yields come as equities, which tend to rise as investors become more comfortable taking on risk, found sufficient traction on Friday to push the Dow Jones Industrial Average to its 21st record close of 2017. The core rate of inflation increased at just 1.7 percent on year, the fourth straight monthly deceleration and the slowest over...

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  • Federal Realty Investment Trust
Federal Realty Investment Trust

Principal Financial Group Inc bought 2.02 million shares as the company's stock rose 7.59% with the market. It had closed the previous session at $17.57. Royal Bank of Canada reaffirmed a "buy" rating and issued a $127.00 price target on shares of Digital Realty Trust in a research report on Thursday.

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  • Qatar signs $12 billion deal to buy F-15 jets from US
Qatar signs $12 billion deal to buy F-15 jets from US

According to Bloomberg News, Qatar bought 36 warplanes produced by McDonnell Douglas, a subsidiary of Boeing . The sale will increase security cooperation and inter-operability between the USA and Qatar , the Pentagon said in an emailed statement on Wednesday.

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