WORLD NEWS AS REPORTED II

Small cap stocks are in the ‘early innings’ of a record run, a Wall Street veteran says

CNBC - Wed, 05/23/2018 - 06:00
B. Riley FBR's Art Hogan suggests the small cap stock win streak is just starting.

Consumer Reports will retest Model 3 if Tesla improves braking distance

CNBC - 9 min 20 sec ago
Consumer Reports said it will retest its Model 3 if Tesla can fix the issue through a remote firmware update.

Watch SpaceX go for its 10th rocket launch this year

CNBC - 16 min 20 sec ago
SpaceX is set to launch Tuesday afternoon from California in its latest mission for NASA and satellite communications company Iridium.

OPEC may decide to ease oil supply curbs in June, sources say

CNBC - 31 min 20 sec ago
OPEC's move came after Washington raised concerns the oil rally was going too far, the sources told Reuters.

America's former Korea hand Joseph Yun

CNN - 31 min 57 sec ago
America's former Korea hand Joseph Yun explains why Rex Tillerson had to go before high stakes Singapore summit could ever happen.

The EU's bizarre questioning format allowed Mark Zuckerberg to dodge a lot of hard questions

CNBC - 40 min 20 sec ago
Zuckerberg began addressing all the questions at once with just 7 minutes remaining in the allotted time.

US Officials Warn Congress on Election Hacking Threats

VOICE OF AMERICA - 42 min 45 sec ago
Senior Trump administration officials warned Congress on Tuesday of ongoing efforts by Russia to interfere in the 2018 midterm congressional elections as the federal government prepares to hand out $380 million in election security funding to states. At a briefing attended by 40 or more members of the 435-member U.S. House of Representatives, the heads of the FBI and the Homeland Security Department and the director of national intelligence told members to urge states and cities overseeing elections to be prepared for threats. DHS Secretary Kirstjen Nielsen told reporters she agreed Russia was trying to influence the 2018 elections. "We see them continuing to conduct foreign influence campaigns," Nielsen said, but added there was no evidence that Russia had been targeting specific races. Nielsen said DHS was watching other countries that have the capability to influence U.S. elections, including China and Iran. "We need to be prepared," she said. Chris Krebs, a senior cybersecurity official at the DHS, told Reuters in an interview that he expected the $380 million approved by Congress in March to help safeguard U.S. voting systems from cyberattacks to be distributed to states later this week. DHS is assisting 48 states with election security and handed out a chart at the briefing to members seen by Reuters that said states need to have auditable systems; spend time on planning, training and drills; and should "consider investing in full system architecture reviews." ​Russia among others Representative Michael McCaul, a Texas Republican who chairs the House Intelligence Committee, said after the briefing that members were concerned that "not only Russia but possibly other foreign adversaries are now going to start looking at how they can meddle in the midterm elections and we need to be prepared. We were caught off guard last time." U.S. intelligence agencies have concluded that Russian leadership at a very high level was involved in the attempt to interfere in the U.S. election in order to boost President Donald Trump's candidacy. Russia has denied interfering in U.S. elections.  Several Democrats said after the briefing that they were worried that the federal government was not doing enough to safeguard elections. "I think there is a lot of concern that we are not up to par," said Representative Jan Schakowsky, an Illinois Democrat. DHS said in March it is prioritizing election cybersecurity above all other critical infrastructure it protects. The agency has said that 21 states had experienced initial probing of their systems from Russian hackers in 2016 and that a small number of networks were compromised, but that there remained no evidence any votes were actually altered. Representative Adam Schiff of California, the top Democrat on the Intelligence Committee, told reporters after the briefing the federal government should quickly alert states if they learn of election system hacking. He also wants a "real-time communications channel" between the intelligence community and technology companies in order to assure that internet firms are notified if evidence emerges that Russia is creating fake Facebook pages or taking other actions to try to influence the elections.

GE seeking to shed troubled insurance business

CNBC - 44 min 20 sec ago
General Electric Co is working with investment bankers to find ways to shed its insurance business.

Five facts you didn’t know about the booming cannabis industry

CNBC - 49 min 20 sec ago
Whether you're a distributor, a state that's now taxing pot or an investor, the marijuana industry is growing.

Smallpox Fast Facts

CNN - 51 min 55 sec ago
View CNN's Fast Facts on smallpox and learn more about the contagious and sometimes fatal infectious disease.

Read CNN's Fast Facts and learn about

CNN - 57 min 56 sec ago
Read CNN's Fast Facts and learn about violence against UN peacekeeping forces. This is a selected list of incidents from 1990 to the present.

Nicolás Maduro Expels Top U.S. Diplomats from Venezuela

NEW YORK TIMES - 1 hour 10 sec ago
The newly re-elected president accused the American envoys of conspiring against his government and gave them 48 hours to leave.

Amazon can go big in finance but is unlikely to open a bank, Goldman says

CNBC - 1 hour 20 sec ago
Amazon has a huge opportunity in financial services, but it likely won't build a standalone bank, Goldman Sachs wrote.

Venezuelan president expels top US diplomat

CNBC - 1 hour 2 min ago
Maduro made the announcement in a TV address, giving Todd Robinson and his deputy Brian Naranjo 48 hours to leave.

'New Italy govt thinks I'm evil but I hope it succeeds'

SKY NEWS - 1 hour 4 min ago
The incoming Italian government has been given an unlikely vote of confidence - from the prime minister whose reforms they intend to abolish.

Watch: White House takes questions after Trump says meeting with North Korea's Kim Jong Un 'may not work out'

CNBC - 1 hour 6 min ago
Trump said North Korean leader Kim's attitude changed after his second meeting with Chinese President Xi Jinping.

Street Style: Copenhagen

NEW YORK TIMES - 1 hour 10 min ago
In Denmark’s capital, bicycles are the most common accessory.

Why the US is in a fight with Chinese phone maker ZTE, and why Trump wants to end it

CNBC - 1 hour 15 min ago
Here's why the U.S. is in a fight with Chinese smartphone maker ZTE and why it may soon come to an end.

SoFi will get crypto investing by 2019, says CEO Anthony Noto

CNBC - 1 hour 21 min ago
SoFi CEO Anthony Noto says the "modern finance" company wants members to be able to invest in cryptocurrency as soon as 2019.

Strange divergence in gold and oil could spell more gains for stocks

CNBC - 1 hour 24 min ago
The U.S. dollar is having an unusual effect on commodities. Oppenheimer's Ari Wald says this setup is bullish.

Italy's populist parties have put

CNN - 1 hour 27 min ago
Italy's populist parties have put forward the name of Giuseppe Conte to become the prime minister of a new coalition government 80 days after the vote.

Billionaire hedge fund manager Cooperman on what makes Warren Buffett the greatest investor ever

CNBC - 1 hour 47 min ago
Leon Cooperman believes smart tax strategy was a key component in Warren Buffett's investing success.

President Trump said Kim Jong Un

CNN - 1 hour 49 min ago
President Trump said Kim Jong Un changed his mind about the US-North Korea June summit after chatting with Chinese President Xi Jinping.

Hannerie Visser's food studio has done

CNN - 1 hour 49 min ago
Hannerie Visser's food studio has done installations for brands like Moët

From Facebook to Youtube, Chef Raphael

CNN - 1 hour 49 min ago
From Facebook to Youtube, Chef Raphael shares his craft with the world

Omer Eltigani quit his day job to

CNN - 1 hour 49 min ago
Omer Eltigani quit his day job to promote the country's diverse cuisine

A border patrol agent stopped and asked

CNN - 1 hour 55 min ago
A border patrol agent stopped and asked two women for identification at a gas station in Montana after hearing them speak Spanish.

Boxing scholarships are helping to

CNN - 1 hour 55 min ago
Boxing scholarships are helping to transform children lives in Zambia.

Weekly boxing tournaments in Lusaka,

CNN - 1 hour 55 min ago
Weekly boxing tournaments in Lusaka, Zambia are becoming the breeding ground for female boxers.

Zambian boxer Catherine Phiri was the

CNN - 1 hour 55 min ago
Zambian boxer Catherine Phiri was the first African woman to win the World Boxing Council gold title and her victory is helping to inspire the next generation.

The chairman of Bidco Africa Limited,

CNN - 1 hour 55 min ago
The chairman of Bidco Africa Limited, Vimal Shah, talks about turning his father's garment business into a successful edible oil manufacturer worth half a billion dollars.

Kenya has long been a popular

CNN - 1 hour 55 min ago
Kenya has long been a popular destination for filmmakers, but several challenges are blocking the country's film industry from growing.

Pompeo’s ‘Plan B’ for Iran is ‘designed to put the US’ on a path to 'forcible regime change'

CNBC - 1 hour 57 min ago
There are three key problems in Pompeo's "Plan B" speech which could gravely undermine Americans' security.

The richest person in every state, according to Forbes

CNBC - 2 hours 3 min ago
Who reps your state?

President casts doubt on his highly anticipated summit in Singapore with Kim Jong Un, saying talks 'may not work out for June 12'

CNN - 2 hours 5 min ago
President Donald Trump hopes to gain clarity on North Korea's nuclear intentions when he meets Tuesday with his South Korean counterpart, who arrived in Washington seeking to shore up confidence ahead of June's summit between Trump and Kim Jong Un.

Lawsuit against Express Scripts over relationship with Anthem dismissed

CNBC - 2 hours 8 min ago
A federal judge on Tuesday dismissed a lawsuit brought against Express Scripts by shareholders.

Facebook’s Mark Zuckerberg Barraged With Questions by Europe Lawmakers

NEW YORK TIMES - 2 hours 9 min ago
The Facebook chief executive had initially resisted meeting with European authorities, who have emerged as the world’s most assertive watchdog of the technology industry.

Spiking AutoZone shares roll completely over and tank on cost concerns raised on earnings call

CNBC - 2 hours 11 min ago
AutoZone shares drop after worries of rising costs for the company were raised during its quarterly earnings call.

Researchers offer new details how they found a 300-year-old ship that sank with $17 billion in treasure

CNN - 2 hours 15 min ago
Trying to find the San Jose' has often been called the "holy grail of shipwrecks."

Denmark Minister Calls Fasting Muslims ‘a Danger’ in Ramadan

NEW YORK TIMES - 2 hours 16 min ago
The minister, Inger Stojberg, said fasting Muslims should stay home from work “to avoid negative consequences for the rest of Danish society.”

Leon Cooperman on how to invest in a market being overrun by robot traders

CNBC - 2 hours 18 min ago
Chairman and CEO of Omega Advisors Leon Cooperman believes robotic traders frequently botch fundamental moves in stock valuations.

People have a lot to say about emotional-support animals on planes

CNBC - 2 hours 23 min ago
About 950 people respond to the government's request for comment on emotional-support animals on planes.

It's too early to say Trump caved on trade negotiations with China

CNBC - 2 hours 23 min ago
Trump's hopes to obliterate a $375 billion trade deficit are proceeding not with game-changing home runs but with check-swing singles.

Louboutins' little secret: This family business protects the iconic red soles

CNBC - 2 hours 29 min ago
The business has one customer from Dubai who literally only wears Louboutins.

Trump Steps Up Attacks on Russia Probe

VOICE OF AMERICA - 2 hours 30 min ago
The U.S. Department of Justice is expanding an internal probe into whether there was any political motivation when the FBI first began investigating Russian meddling in 2016 during the presidential election. President Donald Trump met with top Justice Department officials Monday following his claim via Twitter that the FBI used an informant to spy on his campaign. It was Trump's latest in a series of escalating attacks on the Russia probe led by special counsel Robert Mueller. VOA national correspondent Jim Malone has more from Washington.

6 surprising things highly successful people did for money in college

CNBC - 2 hours 31 min ago
Mark Cuban gave disco lessons.

Global dealmaking on pace to smash record books, already above $2 trillion this year

CNBC - 2 hours 38 min ago
Worldwide deal-making surged to the $2 trillion mark this week, adding to the all-time record pace already set this quarter, according to data from Thomson Reuters Deals Intelligence.

Instagram adds two new functions that could help curb your Instagram addiction

CNBC - 2 hours 38 min ago
A new mute function and a time-spent notification could help people manage what they do and see on the platform.

This multi-billionaire still calls the cable company when he thinks his bill is too high

CNBC - 2 hours 40 min ago
Ken Langone, the co-founder of Home Depot, is worth $3.3 billion, but he’s still frugal, he says.

DHS secretary 'not aware of' Intelligence Community's conclusion Russia wanted to help Trump in 2016

CNBC - 2 hours 43 min ago
Comment follows Nielsen's insistence that Trump is "very clear that he agrees with the Intel Community" on Russian meddling.

Trump says Kim summit could be delayed

SKY NEWS - 2 hours 46 min ago
President Donald Trump says the planned Singapore summit with North Korea's Kim Jong Un could be delayed.

Bear Grylls spent less than $2,000 on his first car, and he still drives it

CNBC - 2 hours 51 min ago
His first car was a London black cab — and he slept in it.

The biggest winner from the unfolding US-China trade deal so far is Germany

CNBC - 2 hours 53 min ago
Germany sells more passenger cars in China than any other country does, according to the China Association of Automobile Manufacturers.

Trump Welcomes South Korean Leader Amid Uncertainty Over Summit With the North

NEW YORK TIMES - 3 hours 2 min ago
Prospects for Mr. Trump’s landmark meeting next month with Kim Jong-un of North Korea have suddenly grown a bit cloudy.

Fresh from the wedding of Meghan Markle

CNN - 3 hours 7 min ago
Fresh from the wedding of Meghan Markle and Prince Harry, Episcopal Bishop Michael Curry says the love they share is what God wants for the whole world.

Trump says there's a substantial chance summit with North Korea's Kim will not work out for June

CNBC - 3 hours 10 min ago
Trump made the remark as he met South Korea's president at the White House.

President Trump says there is no deal with China on ZTE

CNBC - 3 hours 15 min ago
Trump's remarks came as the president of South Korea visited the White House..

Billionaire investor Cooperman says FANG stock valuations are 'reasonable' except for Amazon

CNBC - 3 hours 16 min ago
Leon Cooperman, chairman and CEO of Omega Advisors, shares his top stock ideas Tuesday on CNBC's "Halftime Report."

Pills that say they protect you from the sun might not actually work, FDA says

CNBC - 3 hours 19 min ago
The FDA sent warning letters to five companies for marketing pills and capsules that make unproven claims.

Don't follow this rule about how much to spend on a wedding gift

CNBC - 3 hours 22 min ago
The misconception about how expensive wedding gifts have to be will only lead you astray.

NYSE president says June IPO calendar is 'strong' as she takes on new role

CNBC - 3 hours 26 min ago
NYSE's parent company, Intercontinental Exchange, named Stacey Cunningham NYSE's president on Tuesday

China lowering auto tariffs is no 'breakthrough' in tense trade talks with US

CNBC - 3 hours 27 min ago
China's lowering tariffs on imported autos is a good step, but the country's car industry is still heavily protected.

Colombia has found a Spanish galleon,

CNN - 3 hours 27 min ago
Colombia has found a Spanish galleon, which sunk over 300 years ago in the Caribbean, and they estimate the treasure could be worth as much as $17 billion.

The Duke and Duchess of Sussex made

CNN - 3 hours 27 min ago
The Duke and Duchess of Sussex made their first post-wedding appearance at a Buckingham Palace garden party in honor of Prince Charles' 70th birthday.

US, China Near Rescue Deal for Chinese Telecom Firm ZTE

VOICE OF AMERICA - 3 hours 33 min ago
The United States and China are nearing a deal to lift the seven-year ban on the sale of American-made components to the giant Chinese telecommunications company ZTE, part of ongoing trade talks between the world's two biggest economies. Details of the pact are still being worked out, but U.S. news accounts Tuesday said that as part of the accord, ZTE would make major changes in its management and possibly pay additional penalties beyond the $1.2 billion fine the U.S. imposed on it last year for violating U.S. bans on trade with Iran and North Korea. U.S. President Donald Trump last week said he was working with Chinese President Xi Jinping to rescue ZTE "to get back into business, fast." Trump said "too many jobs in China" were being lost after the U.S. banned the sale of parts from American companies that ZTE needed to make its consumer products, shutting ZTE manufacturing operations. The U.S. leader said, "Commerce Department has been instructed to get it done!" While some U.S. officials said the penalties against ZTE — the fine and the ban on sale of U.S. components until 2025 — were a law enforcement action, Trump linked the issue to ongoing trade and tariff disputes with China. The two countries over the weekend called off the threat of imposing higher tariffs on billions of dollars of each other's exports, and China has agreed to "substantially reduce" the $375 billion annual trade surplus it has over the U.S. by buying more American goods. The size of any possible new fine on ZTE has not been disclosed. On Sunday, White House economic adviser Larry Kudlow said, "Do not expect ZTE to get off scot-free. Ain't going to happen." U.S. Senator Marco Rubio, who lost the 2016 Republican presidential nomination to Trump, voiced opposition to the pending settlement of the ZTE dispute, saying Washington had "surrendered" to Beijing. The Florida lawmaker said he would try to block it. "Making changes to their board and a fine won't stop them from spying and stealing from us. But this is too important to be over. We will begin working on veto-proof congressional action," Rubio said on Twitter. Meanwhile, China announced that on July 1 it will cut tariffs on most imported cars from 25 percent to 15 percent, still well above the 2.5 percent levy the U.S. imposes on cars imported from overseas. The announcement by China's finance ministry follows a pledge by Xi last month to lower the import duties and to ease foreign ownership restrictions for the Chinese auto industry. Trump repeatedly mentioned the 25 percent automobile tariff as a key trade barrier between the two countries. On Monday, Trump said new trade between China and the U.S. will especially benefit U.S. farmers. "Under our potential deal with China, they will purchase from our Great American Farmers practically as much as our Farmers can produce," he said on Twitter. In another comment, he said China "has agreed to buy massive amounts of ADDITIONAL Farm/Agricultural Products - would be one of the best things to happen to our farmers in many years!"

Watch Mark Zuckerberg speak to European lawmakers about Facebook's Cambridge Analytica scandal

CNBC - 3 hours 34 min ago
Zuckerberg is likely to face harsher questioning from European leaders, who have historically been tougher on Silicon Valley.

Teen who started Oregon wildfire ordered to pay $36.6 million in damages

CNBC - 3 hours 40 min ago
A teenager who started a major wildfire in the scenic Columbia River Gorge in Oregon has been ordered to pay restitution for at least the next decade.

Volcanic eruptions on Kilauea continue to scorch the Big Island

CNBC - 3 hours 43 min ago
Here are a few of the dramatic scenes unfolding in Hawaii.

Mark Zuckerberg is about to meet with EU leaders – read his prepared remarks

CNBC - 3 hours 43 min ago
Zuckerberg intends to tell European regulators that Facebook is "committed to Europe" and didn't do enough to curtail abuse of the platform.

US Postal Service announces first-ever scratch-and-sniff stamp with popsicle scent

CNBC - 3 hours 43 min ago
The U.S. Postal Service is tapping into the sweet scent of summer with its first scratch-and-sniff stamps — in popsicle scent, USA Today reports.

These 25 companies receive the most entry-level job applications from college students

CNBC - 3 hours 47 min ago
College graduates apply to more entry-level positions at IBM, Amazon, Tesla and JP Morgan than any other companies.

Trump's hawkish national security advisor John Bolton jumps into the White House's China trade talks

CNBC - 3 hours 49 min ago
Bolton said in March that a revamped trade policy with China "could be a little shock therapy."

London Journal: The Red Phone Box, a British Icon, Stages a Comeback

NEW YORK TIMES - 3 hours 53 min ago
Once unwanted relics, the booths are being retooled in imaginative ways, including as cellphone repair shops, tiny cafes and defibrillator sites.

There's already a commemorative coin for the US-North Korea summit

CNN - 3 hours 57 min ago
The fate of President Donald Trump's summit with Kim Jong Un remains uncertain after a series of provocative statements from North Korea. But even if history isn't made, a commemorative coin created by members of a White House military unit forever memorializes what could have been.

Elon Musk and Jeff Weiner both say they need this to be creative

CNBC - 3 hours 59 min ago
What seems like an indulgence can actually be necessary.

Facebook is just like a media company, says lawyer that helped celebrities sue the media

CNBC - 4 hours 6 min ago
"If a traditional media company was doing this, there would be all hell to pay," Paul Tweed tells the New York Times.

Goldman Sachs: Hedge funds hate these 10 stocks — including Nvidia, Walmart

CNBC - 4 hours 8 min ago
Goldman Sachs shares its list of top stocks hedge funds are betting against the most.

The State Dept issued 12 demands for Iran. They ratchet up oil market risk and trade tension

CNBC - 4 hours 12 min ago
Iran is likely to reject the State Department's demands, potentially leading to a prolonged period of heightened risk.

3 things NOT to do on your office conference calls

CNBC - 4 hours 30 min ago
Keep these in mind if you want to crush your next phone call.

As Summit Looms, North Korean Media Return to Angry Tone

VOICE OF AMERICA - 4 hours 30 min ago
North Korean media stepped up their rhetorical attacks on South Korea and joint military exercises with the United States, warning Tuesday that a budding detente could be in danger. State media unleashed three strongly worded commentaries slamming Seoul and Washington for the maneuvers and demanding Seoul take action against defectors it claimed were sending anti-North Korea propaganda leaflets across the border. The official media had until recently taken a relatively subdued tone amid the North's diplomatic overtures to its neighbors, including a summit with South Korea's president last month and plans for leader Kim Jong Un to meet U.S. President Donald Trump in Singapore on June 12. That first changed last week, when it lashed out against the maneuvers, cut high-level contacts with Seoul and threatened to “reconsider” the Trump summit. One of the reports on Tuesday, which came as North Korea allowed an airplane full of foreign journalists into the country to cover the dismantling of its nuclear test site this week, accused Seoul of teaming up with Washington for military drills intended as a show of force and as a “war drill” against it. It's not unusual for North Korea's official media to turn to hyperbole to make a point and the rhetorical barrage coincides with a visit to Washington by South Korean President Moon Jae-in. Strongly worded messages don't necessarily mean it is backing away from diplomatic negotiations. But the North's abrupt sharpening of its words has raised concerns the Trump summit may prove to be a bumpy one — or that it could even be in jeopardy. Trump has suggested he is willing to walk away if Kim isn't willing to have a fruitful meeting and it appears both sides have agendas that remain far apart from each other.   Mixing ‘dialogue and saber-rattling’ There has been no indication that North Korea will cancel plans to dismantle the test site, an important gesture of goodwill. The North has also not suggested it will go back on its promise to halt underground testing and launches of intercontinental ballistic missiles. But it did ban South Korean journalists from the trip to the nuclear site. And the language Tuesday offered a veiled threat that talks could be harmed. “Dialogue and saber-rattling can never go together,” said the commentary published in Minju Joson, one of the country's four main daily newspapers. “There are some arguments describing the improvement of the situation on the Korean Peninsula as `result of hardline diplomacy' of the U.S. and `result of sustained pressure,’” said another, by the official KCNA news agency. “It seriously chills the atmosphere of the DPRK-U.S. dialogue and is of no help to the development of the situation.” DPRK is short for the Democratic People's Republic of Korea, the North's official name. Yet another article lashed out at South Korean authorities for allowing defectors to send anti-North Korea leaflets across their border. It noted that the two leaders agreed at their summit in the Demilitarized Zone last month not to conduct hostile acts against each other and said the authorities have an obligation under that agreement to block such actions, even by private citizens.      “If the North-South relations face a grave difficulty again owing to the provocation of human scum, the blame for it will be entirely on the South Korean authorities,” the report said. “They must know what price they will be made to pay.”  

ACLU: Police using Amazon's facial recognition tool could pose a 'grave threat' to communities

CNBC - 4 hours 31 min ago
The tool, called Rekognition, is already being used by at least one agency to check photographs of unidentified suspects.

Associated Press reporter: I was shoved by security guards outside EPA event featuring Scott Pruitt

CNBC - 4 hours 33 min ago
When the reporter asked to speak to an EPA public-affairs person, the security guards grabbed the reporter by the shoulders and shoved her forcibly out of the EPA building, the AP reporter said.

Treasury Secretary Mnuchin says steel and aluminum tariffs on China will stay in place

CNBC - 4 hours 36 min ago
"Those are not being touched" as part of a separate trade pact with China, Mnuchin told senators.

Japan, Russia, Turkey bring potential US tariff retaliation to $3.5 billion

CNBC - 4 hours 43 min ago
A growing list of countries reject the view that tariffs are justified by U.S. national security concerns.

Even Destination Maternity is having a gender diversity debate about its board

CNBC - 4 hours 46 min ago
Destination Maternity — the owner of stores such as Pea in a Pod and Motherhood Maternity — has a women problem.

Inflation is coming to the U.S. economy on an 18-wheel flatbed

CNBC - 4 hours 47 min ago
Multiple signs of inflation in freight-related industries are at or near historical highs, in a sign that inflation is building.

Amazon bans people for returning too much, but it shouldn't act like a traditional retailer

CNBC - 4 hours 53 min ago
Amazon is banning customers who return too many items, which is common for brick-and-mortar retailers.

Cramer: JC Penney’s CEO bolting to Lowe’s means embattled department store chain can’t be saved

CNBC - 4 hours 55 min ago
"If there was any chance [of a turnaround], I think you would stay," Cramer adds.

A 10-year-old Labrador retriever named

CNN - 4 hours 58 min ago
A 10-year-old Labrador retriever named Fred who lives at Mountfichet Castle "adopted" nine ducklings.

Trump Seeks Delay in Summer Zervos' Defamation Lawsuit

VOICE OF AMERICA - 5 hours 7 min ago
U.S. President Donald Trump asked New York state's highest court to delay a defamation lawsuit against him by a former contestant on his reality television show "The Apprentice" who claimed he sexually harassed her. In a filing on Monday, Trump told the state's Court of Appeals that Summer Zervos' lawsuit should be put on hold because a sitting U.S. president is immune from being sued in a state court during his term in the White House. Trump, who has denied Zervos' allegations, is challenging a March 20 ruling by Justice Jennifer Schecter of the State Supreme Court in Manhattan allowing the case to proceed. Saying "no one is above the law," Schecter rejected Trump's claim of immunity over private conduct predating his becoming president. An intermediate state appeals court on May 17 refused to halt Zervos' lawsuit, without ruling on its merits. Trump said that refusal qualified as a "final appealable order" justifying intervention by the Court of Appeals. Zervos' lawyer, Mariann Wong, said, "Defendant has lost his effort to stay this action twice already, and for good reason. No one is above the law. "We look forward to proving defendant lied when he attacked Ms. Zervos for telling the truth about his unwanted sexual groping," Wong said in an email. A preliminary conference before Schecter is scheduled for June 5, court records show. Zervos accused Trump of subjecting her to unwanted kissing and groping after she sought career advice in 2007. She came forward during the 2016 presidential campaign, and Trump called such allegations by women "lies." He also retweeted a post calling Zervos' claims a "hoax." Zervos said Trump defamed her by branding her a liar. She is seeking a retraction or an apology, compensatory damages and punitive damages in her lawsuit.

Moon travels to Washington in bid to save Trump-Kim summit

CNBC - 5 hours 9 min ago
South Korean president Moon Jae-in will meet with Donald Trump in Washington in an attempt to protect a potentially historic summit between the US and North Korea, Financial Times reports.

6 small things to give up if you want to save more money

CNBC - 5 hours 12 min ago
Try cutting back in these little ways.

Russian MPs Adopt Bill That Could Stymie Trade With US

VOICE OF AMERICA - 5 hours 12 min ago
Russia's parliament on Tuesday adopted a wide-ranging bill that could freeze crucial exports to the United States and imports to Russia from the U.S. and other countries. The bill, drafted by leading lawmakers at the State Duma in response to the latest round of U.S. sanctions, lays out a wide range of restrictions for U.S. businesses in Russia and for cooperation with the U.S. Among other things, the bill allows the Russian president to "ban or suspend cooperation with a hostile state" and ban imports of goods from unnamed countries.   The original bill proposed specific restrictions to U.S. imports including drugs as well as banning crucial exports, such as titanium, to the U.S. But lawmakers toned it down to get rid of references to specific restrictions before adopting the bill.   Many lawmakers who backed the bill on Tuesday portrayed it as a warning to the West against further sanctions on Russia.   "Everyone who wants to impose these restrictions on our rights and on our citizens needs to understand that Russia will respond to this," lawmaker Andrei Isayev said speaking of Western sanctions.   Russia has been slapped with a flurry of sanctions relating to its annexation of Ukraine's Crimea in 2014, support for separatists in eastern Ukraine and the suspected meddling in the 2016 U.S. elections.      

Car Bomb Explodes in Afghanistan, Killing 16, as Team Tries to Defuse It

NEW YORK TIMES - 5 hours 15 min ago
Intelligence agents tracked a Taliban car bomb to an auto repair garage in Kandahar, but they failed in their attempt to disarm it.

Death of the summer job: Why teen employment is plummeting

CNBC - 5 hours 16 min ago
Teens are increasingly choosing to take classes over the summer instead of getting a summer job, according to US News & World Report.

What does Donald Trump have in mind for Iran?

SKY NEWS - 5 hours 19 min ago
What does Donald Trump have in mind for Iran?

Getting booted from Spotify's playlists didn't hurt R. Kelly's music streaming numbers

CNBC - 5 hours 21 min ago
Spotify removed his music from their promoted playlists and algorithms following a campaign from #MuteRKelly.

53% of millennials would go into debt to attend a friend's wedding

CNBC - 5 hours 34 min ago
Some even say the debt is 'definitely' worth it.

What we know about N Korea's secretive nuclear site

SKY NEWS - 5 hours 35 min ago
Sky News is the only British broadcaster invited to North Korea's Punggye-ri nuclear site as it is dismantled.

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