Category: Celebrities

Trump Pins Keystone and Dakota Pipeline Fate on Renegotiation

President Donald Trump took steps to advance construction of the Keystone XL and Dakota Access oil pipelines while foreshadowing a “renegotiation” of terms and insisting that developers use U.S. steel. Trump stopped short of green lighting construction on either project, and reiterated an earlier campaign pledge to seek a “better deal” on TransCanada Corp.’s proposed Keystone XL to transport Alberta oil sands crude into the U.S. On Tuesday, Trump called that “something that’s been in dispute and subject to a renegotiation of terms by us.”

Trump Tells Auto CEOs Easier Rules Will Bring Back U.S. – Bigly’

President Donald Trump told the chief executives of the three biggest automakers in the U.S. that he’ll cut taxes and reduce environmental regulations to restore the nation’s manufacturing sector. “We’re bringing manufacturing back to the U.S. bigly, we’re reducing taxes, very substantially, and we’re reducing unnecessary regulations,” Trump told reporters Tuesday, seated between the CEOs of General Motors Co.

Donald Trump names Republican Ajit Pai to head FCC

President Trump is naming Republican Ajit Pai, a foe of the Obama administration’s “net neutrality” rules, to become chairman of the Federal Communications Commission. “I am deeply grateful to the president of the United States for designating me the 34th Chairman of the Federal Communications Commission,” Mr. Pai said.

Next 25 Articles

President Donald Trump promoted and appointed Republican member of the Federal Communications Commission Ajit Pai to chairman of the government agency Monday. Pai, a lawyer, is a staunch opponent to net neutrality – a concept the Obama administration pushed throughout its tenure.

Trump picks Indian-American Ajit Pai as new FCC head

President Donald Trump has picked a fierce critic of the Obama-era “net neutrality” rules to be chief regulator of the nation’s airwaves and internet connections. In a statement Monday, Ajit Pai said he was grateful to the president for choosing him as the next chairman of the Federal Communications Commission.

Appeals court to decide future of California carbon auctions

Businesses looking to invalidate California’s fee for carbon pollution take their arguments to a state appeals court Tuesday in a case that could determine the future of one of California’s signature efforts to combat climate change. With a central piece of Gov. Jerry Brown’s legacy on the line, lawyers for the state and for environmental advocacy groups will defend a program that has been closely watched around the world as a potential model for controlling carbon emissions.

TPP Trumped

In one of his first acts of business, US President Donald Trump has – as promised- formally pulled the United States out of the Trans Pacific Partnership , which was set to cover 40% of the world’s economic output. The trade agreement was negotiated by former US President Barack Obama and was aimed at deepening economic ties between member countries, which include Japan, Malaysia, Vietnam, Singapore, Brunei, Australia, New Zealand, Canada, Mexico, Chile and Peru.

‘Net neutrality’ foe Ajit Pai is new FCC head

President Donald Trump has picked a fierce critic of the Obama-era “net neutrality” rules to be chief regulator of the nation’s airwaves and internet connections. In a statement Monday, Ajit Pai said he was grateful to the president for his new role as the next chairman of the Federal Communications Commission.

Withdrawal from Trans-Pacific Partnership shifts U.S. role in world economy

U.S. President Donald Trump holds up the executive order on withdrawal from the Trans Pacific Partnership after signing it as White House Chief of Staff Reince Priebus stands at his side in the Oval Office of the White House in Washington Jan. 23, 2017. President Trump’s cancellation Monday of an agreement for a sweeping trade deal with Asia began recasting America’s role in the global economy, leaving an opening for other countries to flex their muscles.

Trump’s press spokesman promises reporters ‘never to lie’

President Donald Trump’s press secretary promised reporters on Monday that he would never lie after a weekend briefing in which he made statements about the crowd size for Trump’s inauguration that were debunked. In comments to reporters on Saturday that became known as the “alternative facts” briefing, White House spokesman Sean Spicer declared that Trump’s crowd was “the largest audience to ever witness an inauguration – period.”

Ajit Pai, “‘net neutrality” foe, picked to head FCC

President Donald Trump has picked a fierce critic of the Obama-era “net neutrality” rules to be chief regulator of the nation’s airwaves and internet connections. President Trump signed three executive orders on his first Monday in office, one of them on the U.S. withdrawal from the Trans-Pacific Partnershi… In a statement Monday, Ajit Pai said he was grateful to the president for his new role as the next chairman of the Federal Communications Commission.

Trump taps Commissioner Ajit Pai to head FCC

In this Aug. 9, 2013, file photo, FCC commissioner Ajit Pai presents his dissent during a Federal Communications Commission hearing at the FCC in Washington. President Donald Trump has picked Pai, a fierce critic of the Obama-era “net neutrality” rules, to be chief regulator of the nation’s airwaves and internet connections.

Lawsuit: Trump businesses violate Constitution

A lawsuit Monday alleged that President Donald Trump is violating the Constitution by allowing his business to accept payments from foreign governments. Trump is violating the so-called emoluments clause in the Constitution that prohibits him from receiving money from diplomats for stays at his hotels or foreign governments for leases of office space in his buildings, according to the suit filed by a legal watchdog group.

Sprint to Buy 33% of Jay Z’s Tidal Music Service

Sprint will buy one-third of Tidal, the streaming-music service run by rap mogul Jay Z, the latest content deal secured by a network provider. The companies said Monday the deal will give Sprint’s 45 million customers access to the Tidal streaming service as well as exclusive content.

Beware the Hedge-Fund Wipeout in Treasuries as Bearish Bets Soar

The “fast money,” made up of hedge funds and other speculators, upped its bearish bets like never before this month, based on futures data for five-year notes. At the same time, “real-money” accounts, composed of institutional buyers like mutual funds and insurers, did the opposite and built up their bullish positions in much the same way.

Beware the Hedge-Fund Wipeout in Treasuries as Bearish Bets Soar

The “fast money,” made up of hedge funds and other speculators, upped its bearish bets like never before this month, based on futures data for five-year notes. At the same time, “real-money” accounts, composed of institutional buyers like mutual funds and insurers, did the opposite and built up their bullish positions in much the same way.

Trump May End Obamacare Insurance Requirement, Conway Says

The Trump administration may stop enforcing the Obamacare requirement that most Americans carry health insurance even before Congress repeals the law, Kellyanne Conway, a top adviser to the new president, said in interviews broadcast on Sunday. Such a move would take the teeth out of former President Barack Obama’s health-care law and could destabilize insurance markets, analysts say.

White House Says Media Delegitimizing Trump, Won’t ‘Take it’

Press Secretary Sean Spicer deliver an statement at the press briefing room at the White House in Washington U.S., January 21, 2017. REUTERS/Carlos Barria The White House vowed on Sunday to fight the news media “tooth and nail” over what officials see as unfair attacks on President Donald Trump, setting a tone that could ratchet up a traditionally adversarial relationship to a new level of rancor.

OPEC Shrugs Off Threat of Trump’s America Cutting Oil Imports

OPEC’s two biggest suppliers to the U.S. shrugged off a vow by President Donald Trump to end dependence on the group’s oil, saying the world’s biggest economy would continue to need crude from abroad. The U.S. is “closely integrated in the global energy market,” Saudi Arabia’s Energy and Industry Minister Khalid Al-Falih said, while his Venezuelan counterpart Nelson Martinez said he expects his country’s crude exports to the world’s top consumer to remain stable.

OPEC Shrugs Off Threat of Trump’s America Cutting Oil Imports

OPEC’s two biggest suppliers to the U.S. shrugged off a vow by President Donald Trump to end dependence on the group’s oil, saying the world’s biggest economy would continue to need crude from abroad. The U.S. is “closely integrated in the global energy market,” Saudi Arabia’s Energy and Industry Minister Khalid Al-Falih said, while his Venezuelan counterpart Nelson Martinez said he expects his country’s crude exports to the world’s top consumer to remain stable.

How Will Gilead Sciences Fare Under President Trump?

Change is on its way in Washington, D.C. And the possible impacts for a big biotech like Gilead Sciences Let’s start with the potential negatives. Donald Trump has made it clear that he wants to allow Medicare to negotiate directly with drugmakers to secure lower prices for prescription drugs.

Analysis: Trump promises big change, picks small fights

President Donald Trump points to a member of the audience after speaking at the Central Intelligence Agency in Langley, Va., Saturday, Jan. 21, 2017. President Donald Trump points to a member of the audience after speaking at the Central Intelligence Agency in Langley, Va., Saturday, Jan. 21, 2017.

Chief of Taiwan’s Foxconn says rise of protectionism unavoidable

The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s headquarters in New Taipei City, Taiwan March 29, 2016. The head of Foxconn, the world’s largest contract manufacturer of electronic goods and a major Apple Inc supplier, said on Sunday that the rise of protectionism is unavoidable.