Newspapers around the country have left their huge old buildings for smaller new ones for years now. On Monday, the Wichita Eagle officially joined that group. Over the weekend, the Eagle moved from its old 181,000 square foot spot on East Douglas Avenue into the 24,000 square foot site in Wichita’s Old Town. In 1980, the Eagle had 735 employees, Dan Voorhis reported. About 100 people will […]
By Olivia Oran and Svea Herbst-Bayliss | BEVERLY HILLS BEVERLY HILLS U.S. Treasury Secretary Steven Mnuchin said on Monday that economic growth of three percent is achievable in the next two years as the Trump administration sets out to dramatically cut taxes. Speaking at the Milken Institute Global Conference in Beverly Hills, California, almost a week after he helped unveil plans to cut taxes for many people […]
DOHA The Palestinian Islamist group Hamas will drop its long-standing call for Israel’s destruction as well as its association with the Muslim Brotherhood in a new policy document to be issued on Monday, Gulf Arab sources said. Hamas’s move appears aimed at improving relations with the West, Gulf Arab states and Egypt, which label the Brotherhood as a terrorist organisation. Many Western countries classify Hamas as a […]
France’s presidential candidates battled for the working-class vote in a day of sometimes violent protests ahead of next Sunday’s election. As May Day workers’ rights marches were being held across the country, the National Front’s Marine Le Pen attacked her rival Emmanuel Macron as an “enemy of the people” who represented finance and “savage globalisation”. The rancour and confusion of the campaign spilled on to the streets, […]
Mr. Abbas was scheduled to meet with Mr. Trump in Washington on Wednesday as the sole representative of the Palestinian people. He has sought in recent weeks to rein in Hamas, cutting salaries and refusing to pay for electricity, in a bid to undermine the group’s authority. Gazans now have only a few hours of power a day. Continue reading the main story “Whether it’s a coincidence […]
Since the iPad arrived in 2010, the role of the PC has been greatly scrutinized. Is it a dying form factor? Is it something consumers no longer need? Is the smartphone the only device people will use someday? Will the tablet kill the PC? The debate is relevant because it helps businesses decide where to focus their resources. Clearly, the smartphone is many people’s primary […]
A club of top bankers, investors and Treasury officials will this week meet at the venerable Hay-Adams hotel in downtown Washington to discuss the US government’s borrowing plans. It could be a blockbuster meeting. The Treasury Borrowing Advisory Committee meets quarterly to discuss with senior government officials the best way for the US to finance its budget deficit. It is made up of senior executives from hedge […]
WASHINGTON U.S. consumer spending was unchanged in March for a second straight month and the overall monthly inflation rate fell for the first time in a year,confirming the weak domestic demand in the first quarter. But when adjusted for inflation consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.3 percent, ending two straight months of decline,the Commerce Department said on Monday. Economists […]
By Martin Petty and Manuel Mogato | MANILA MANILA Across Asia, more and more countries are being pulled into Beijing’s orbit, with the timid stance adopted by Southeast Asian nations on the South China Sea at a weekend summit a clear sign this fundamental geostrategic shift is gathering momentum. U.S. President Donald Trump’s flurry of calls at the weekend to the leaders of the Philippines, Thailand and […]
Theresa May’s critics have attacked the British prime minister for having “no plan” over Brexit in the wake of a leaked account of a private dinner that heightened tensions between Brussels and London. A report published in the Frankfurter Allgemeine Sonntagszeitung portrayed last Wednesday’s dinner between Mrs May and European Commission president Jean-Claude Juncker as a disaster. According to the FAZ, commission officials were astonished at Mrs […]
Besides the upcoming FOMC meeting on May 2-3, and French & Italian politics – the decisive runoff round of the French election takes place this Sunday – this week’s releases are dominated by US payrolls expected to come around 170k. The busy release calendar continues with Norges bank and RBA meetings as well as global manufacturing PMIs. The market’s focus during the week of 5/1 will begin […]
Apple has extended the warranty on first-generation Apple Watches that suffer from swollen battery problems to three years. Must read: iPhone 8: Here’s what we think we know about Apple’s 10th-anniversary iPhone Word of the change comes via a note sent from Apple to authorized repair centers that was subsequently forwarded to 9to5mac. There have been sporadic reports of issues where ballooning batteries can cause either the […]
By Yesim Dikmen and Mehmet Emin Caliskan | ISTANBUL ISTANBUL Police in Istanbul fired tear gas and rubber bullets to break up a group of May Day demonstrators on Monday, a Reuters witness said, as authorities detained more than 200 people at protests around the city. Protests for May Day, the international workers’ holiday, are an annual occurrence in Turkey and have in the past been characterised […]
IT services firm Unisys has published the 2016 financial results of its Australian chapter, reporting an after-tax loss of AU$3.3 million, down from the AU$709,000 after-tax profit recorded a year prior. Revenue for the 12-month period was AU$237.7 million, up from the AU$201.5 million in annual revenue reported for 2015. As a result of the loss, Unisys Australia was handed a AU$1.3 million income tax benefit from […]
Hanging over discussion of Federal Reserve tightening has been a potentially market-shaking question: how to safely unwind the crisis-era asset purchases that bloated the central bank’s balance sheet. Policymakers led by Janet Yellen, the Fed chair, have approached the topic gingerly, acutely aware of the potential to repeat the so-called taper tantrum of 2013, where ill-timed talk of slowing bond purchases roiled global markets. Yet for all the […]
ROME Matteo Renzi, staging a political comeback less than five months after resigning as Italy’s prime minister, easily regained the leadership of the ruling Democratic Party (PD) on Sunday with an overwhelming victory in a primary election among party supporters. According to partial results, Renzi had about 72 percent of the vote, held in makeshift polling booths around the country. About 2 million party members voted in […]
DUBAI // Hundreds of displaced residents of Tamweel Tower, which was badly damaged by a blaze in 2012, may finally return this Ramadan after a key document confirming completion of cladding work was submitted to the authorities. The document signed by eight companies was submitted last week to Dubai Civil Defence stating that the installation of the new cladding complied with fire safety requirements. The 34-storey Jumeirah […]
MEXICO CITY Mexican soldiers killed seven suspected gang members in a weekend gun battle in the north of the country, the Chihuahua state attorney general’s office said on Sunday. According to a statement on the attorney general’s website, a convoy of 15 soldiers was passing near the town of La Grulla in Chihuahua state around 2 p.m. local time (1900 GMT) on Saturday when a group of […]
When North Korea deployed hundreds of artillery units, submarines and soldiers to take part in its largest live-fire drill, it was intended as a chilling display of the reclusive regime’s military might. The country boasts the world’s fourth-largest standing army, with more than 1m troops as well as 7m reserves, and last week’s military exercise came as US President Donald Trump ramped up the pressure on Pyongyang […]
Malaysia-born Cassandra Hsiao was accepted to all eight Ivy League schools in the US. ― File picKUALA LUMPUR, May 1 ― Cassandra Hsiao, the Malaysia-born 17-year-old who was accepted to all eight Ivy League schools in the US, announced that she has chosen to go to Yale. Hsiao, who was born to a Taiwanese father and Malaysian mother in Johor Baru, also told The Star that she […]
30 April 2017 COLOMBES, France–(BUSINESS WIRE/ME NewsWire)– OT (Oberthur Technologies), a leading global provider of embedded security software products, services and solutions and a forerunner in the payment sector, has been selected by Mashreq Bank to deploy Instant Card Issuance in the United Arab Emirates (UAE). Mashreq Bank is one of the UAE’s leading financial institutions. Established in 1967 by the Al-Ghurair Group, it is the largest […]
President Donald Trump was a distracting entertainment from the moment he launched his campaign in June of 2015 — until he wasn’t. His opening speech, in which he called Mexican immigrants “rapists” and told the world he would be the best jobs president “God ever created,” was looked at as the ravings of a man whose outsized ego was too big to be anything but hilarious. News […]
Before comedian Hasan Minhaj got up to poke fun at the assembled White House press corps last night, Bob Woodward and Carl Bernstein got up to celebrate it. The legendary Watergate duo gave a speech evoking their investigative reporting of the Nixon administration and calling on the current generation of journalists to practice careful, thorough and relentless reporting on the current White House. Below are their remarks, […]
Google Australia has confirmed that the Australian Taxation Office (ATO) is chasing it for a debt relating to unpaid tax, noting it will “lodge an objection” against the amended income tax assessments it was issued at year-end. “Such contingencies relate to reviews for open tax years as well as certain transactions and computations for which the ultimate tax determination is uncertain during the ordinary course of business,” […]
