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The White House and tax-writing Republican leaders are expected to begin filling in some of the details this coming week on Trump's plan to simplify the tax system, a legislative priority for the president. The White House views this as a once-in-a-lifetime opportunity to simplify taxes and cut rates, while giving Trump a much-needed victory as the...
ST. LOUIS, Sept 23- Protests in St. Louis over the acquittal of a white former policeman who killed a black man could impede the city's bid to attract Amazon.com' s second headquarters, academics and business executives said. "There is no good timing for something like this and it will have an impact," said Didi Caldwell, founding principal with Global Location...
**FRANKFURT- ECB Vice President Vitor Constancio gives opening speech at Second ECB Annual Research Conference in Frankfurt, Germany 0700 GMT. **FRANKFURT- ECB Excecutive Board member Benoit Coeure chairing policy panel on "Exit from non-standard monetary policy" at Second ECB Annual Research Conference in Frankfurt, Germany 1445 GMT. SYRACUSE, New York- Federal...
**FRANKFURT- ECB Vice President Vitor Constancio gives opening speech at Second ECB Annual Research Conference in Frankfurt, Germany 0700 GMT. **FRANKFURT- ECB Excecutive Board member Benoit Coeure chairing policy panel on "Exit from non-standard monetary policy" at Second ECB Annual Research Conference in Frankfurt, Germany 1445 GMT. SYRACUSE, New York- Federal...
A 50- state tally by The Associated Press shows election officials in 21 states confirm their election systems were targeted by hackers last year. The states are Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Iowa, Maryland, Minnesota, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Texas, Virginia, Washington and...
Kevin Brady, R- Texas, chair of the House Ways and Means Committee, would ease requirements for deducting individual property losses and allow people to draw on their retirement funds without penalty. Vern Buchanan of Florida, a senior member of the Ways and Means Committee and co-chair of the state's congressional delegation, called Brady's legislation "a...
The notification came roughly a year after U.S. Department of Homeland Security officials first said states were targeted by hacking efforts possibly connected to Russia. The states that told The Associated Press they had been targeted included some key political battlegrounds, such as Florida, Ohio, Pennsylvania, Virginia and Wisconsin.
OKLAHOMA CITY, Sept 22- Dallas Federal Reserve Bank President Robert Kaplan said on Friday he remains "open-minded" on a December rate increase but remains concerned current weak inflation may be the result of hard-to-counter structural trends. The Fed indicated after its latest policy meeting this week it was still ready to raise rates in December even as Fed...
HOUSTON, Sept 20- Lawyers expect a spate of force majeure contract lawsuits after Hurricane Harvey tore through Southeast Texas and parts of Louisiana last month, paralyzing a fifth of U.S. fuel output and pushing some oil production offline. Damage in Texas wrought by Harvey is estimated at around $180 billion, according to Texas Governor Greg Abbott, with some...
JERUSALEM, Sept 22- A fault in the supply of natural gas from Israel's only commercial field has forced Energy Minister Yuval Steinitz to authorise the use of alternative fuel sources to produce electricity, the ministry said on Friday. Coal, diesel and fuel-oil, which are far more polluting than natural gas, are kept in reserve for emergencies to generate...
Alaska, New Mexico, and Texas each gained one rig. North Dakota and Oklahoma lost three rigs each, and Colorado lost two rigs. California, Ohio, Pennsylvania, Utah, West Virginia, and Wyoming were unchanged.
FRANKFORT, Ky.— Kentucky's Democratic attorney general says he has hired four law firms to investigate and potentially sue several makers and marketers of opioid-based painkillers that have spurred a wave addiction across Appalachia. Matt Bevin's administration said Andy Beshear's announcement Friday was premature. Spokesman Glenn Waldrop said the...
Sept 22- Phillips 66 Partners LP said on Friday it would buy pipeline and other assets from parent Phillips 66 in a $2.4 billion deal that strengthens the master limited partnership's presence in the prolific Bakken basin. The company is acquiring a 25 percent interest in two of the refiner's pipelines in the Bakken basin- Dakota Access LLC and Energy Transfer...
NEW YORK— J.C. Penney says it plans to hire more than 40,000 people during the holiday season, the same number as last year. Macy's, which has about 830 stores, says it expects to hire 80,000 people this year, down 4 percent from a year ago. J.C. Penney Co. says it will hold a nationwide job fair in its roughly 875 stores on Oct. 17.
LONDON, Sept 22- U.S. stocks of distillate fuel oil, which have been trending downwards all year, now look tight following disruption to major refineries caused by Hurricane Harvey. But a recovery in freight, coupled with a boom in oil and gas drilling, which relies heavily on diesel, and record exports to Latin America and other markets have steadily whittled away...
Hurricane Maria barreled through the Turks and Caicos on Friday after lashing the Caribbean and killing at least 30.
HOUSTON, Sept 22- Addressing a real estate conference in flood-ravaged Houston this month, longtime investor Ray Sasser detailed his strategy: buy up to 50 flooded homes at deep discounts, then fix and flip them for a hefty profit. Sasser first followed that game plan after Tropical Storm Allison flooded the city in 2001. The bet that home prices in hard-hit...
HOUSTON, Sept 22- Addressing a real estate conference in flood-ravaged Houston this month, longtime investor Ray Sasser detailed his strategy: buy up to 50 flooded homes at deep discounts, then fix and flip them for a hefty profit. Sasser first followed that game plan after Tropical Storm Allison flooded the city in 2001. The bet that home prices in hard-hit...
WASHINGTON— An Agriculture Department employee and two staff members on the House Agriculture Committee were injured Thursday in a car accident south of El Campo, Texas. Statements from USDA and the committee say that Agriculture Secretary Sonny Perdue, House Agriculture Chairman Michael Conaway and Texas Agriculture Commissioner Sid Miller were in a...
HOUSTON/ SAO PAULO, Sept 21- Brazil's Braskem has terminated a contract to buy light virgin naphtha and natural gasoline from Venezuela's state-run oil company PDVSA that would expire this month, the petrochemical company said on Thursday. The Sao Paulo- based firm declined to comment on the reason for ending the long-term supply agreement early, but said the...
