Fmr. Federal Prosecutor Robert Ray: Trump Russia Probe Does Not Need Special Counsel

Former federal prosecutor Robert Ray said Sunday there is no need for special counsel to look into possible ties between the 2016 Trump presidential campaign and Russian officials. Ray, in an exclusive interview with Maria Bartiromo on “Sunday Morning Futures,” weighed in on the continuing debate, days after Attorney General Jeff Sessions recused himself from investigations into the matter over two conversations he had with a Russian diplomat during the campaign, when Sessions was an Alabama senator.

China’s Li Walks Knife Edge on Growth as – Graver’ Risks Loom

Premier Li Keqiang struck an upbeat note on China’s slowing expansion and rising debt Sunday even as he flagged the specter of “graver” internal and external challenges ahead. Systemic risk is under control and economic fundamentals remain sound enough for the government to set a 2017 growth target of “around report to the annual National People’s Congress gathering in Beijing.

‘Logan’ Slices Box Office with $85.3M, ‘Moonlight’ Gets Bump

The R-rated “X-Men” spinoff “Logan” slashed into the weekend box office, opening with a massive $85.3 million in North American theaters, according to studio estimates Sunday, while best-picture winner “Moonlight” got a significant, if far from superhero-sized, Oscar bump. The debut of 20th Century Fox’s “Logan,” starring Hugh Jackman as Wolverine, puts it among the ranks of biggest March openings ever and top R-rated debuts.

Standard Life’s Aberdeen Bid Marks Push Against Passive `Bogey’

Standard Life Plc’s bid to take over Aberdeen Asset Management Plc is the latest defensive move by active asset managers grappling with fee pressure from cheaper passive funds that often outperform them. The merger of Scotland’s two biggest money managers follows France’s Amundi SA agreement to buy Pioneer Investments from Italy’s UniCredit SpA in December as companies seek extra scale to boost returns.

4 Small-Cap Biotech Stars

It has been a nice little run for the previously beaten down biotech/biopharma sectors so far in 2017. February saw the main biotech indices rise some 10%, in one of their best monthly performances over the past few years.

Deutsche Bank to raise $8.5 billion to help restructure firm

European banking giant Deutsche Bank announced plans to raise at least $8.5 billion in capital and sell off a stake in its asset management business, in a move to help shore up the troubled German firm. Deutsche Bank will issue 687.5 million new shares later this month, the bank said Sunday, in an effort to take advantage of the recent run up in the bank’s stock price.

Deutsche Bank CEO Reverses Course With Overhaul to Raise Capital

Deutsche Bank AG Chief Executive Officer John Cryan is reversing course less than two years into his new strategy, announcing an overhaul that includes offering 8 billion euros in stock, selling part of the asset management business and reintegrating Postbank. “It’s a positive step forward that we take the brave step of admitting we were going in the wrong direction,” Cryan said on Sunday.

FCC grants waiver allowing JCCs to receive caller information

The Federal Communications Commission has granted Jewish Community Centers throughout the country a temporary waiver allowing them to receive caller information, in response to the recent series of bomb threats on the Jewish institutions. The waiver, approved on Friday, comes days after 29 JCCs and Jewish schools across the country received called-in bomb threats, the fifth such incident in less than two months.

JCCs Win Special Permission To Identify Callers Amid Wave Of Threats

The Federal Communications Commission has granted Jewish Community Centers throughout the country a temporary waiver allowing them to receive caller information, in response to the recent series of bomb threats on the Jewish institutions. The waiver, approved on Friday, comes days after 29 JCCs and Jewish schools across the country received called-in bomb threats, the fifth such incident in less than two months.

These eerie photos of deserted golf courses reveal a new…

Over 800 golf courses have shuttered across the US in the past decade, and data from the Sports & Fitness Industry Association has shown that millenials between the ages of 18 to 30 have a lack of interest in playing the game. From Las Vegas, Nevada to Mahwah, New Jersey , many courses are being replaced with housing developments.

There’s one key factor that shows why organic milk is…

But as it turns out, there may be one type of milk that’s nutritionally superior: the organic kind that comes from grass-fed animals. Michael Tunick, a research chemist at the U.S. Department of Agriculture and author of ” The Science of Cheese ,” told Business Insider that the difference has to do with what the cows eat.

Here’s how the US military is sticking it to Beijing in the…

China has for years been whittling away at the US military’s asymmetrical advantage in conventional military strength with a naval buildup , building and militarizing artificial islands in the South China Sea, and creating systems and weapons custom built to negate the US’s technological advantage. By all indications, China is building aircraft carriers and getting ready to place surface-to-air missiles deep into the South China Sea.

Under threat, JCCs given special okay to track caller information

US Jewish leaders meet with the FBI director James Comey to discuss the ongoing investigation of bomb threats to JCC on March 3, 2017. The Federal Communications Commission has granted Jewish Community Centers throughout the country a temporary waiver allowing them to receive caller information, in response to the recent series of bomb threats on the Jewish institutions.

Deutsche Bank to raise billions with rights issue

The bank will partially float its asset management business and retain Postbank – the retail banking business it had been expected to sell. Germany’s biggest bank is trying to reshape itself after grappling with huge losses and a 15bn euro legal bill imposed by regulators since 2012.

Deutsche Bank to Offer $8.5 Billion of Stock, Names Deputy CEOs

Deutsche Bank AG will offer 8 billion euros of stock, sell part of its asset management business and named two deputies to Chief Executive Officer John Cryan as Germany’s largest lender seeks to shore up capital after two consecutive years of losses. The bank said it will keep its Postbank consumer division and still aims to reduce total costs to 22 billion euros by 2018, the Frankfurt-based company said in a statement Sunday.

Deutsche Bank Plans $8.5 Billion Capital Raising, Partial Asset Management IPO

Deutsche Bank said Sunday it will raise 8.5 billion in new capital and plan the partial sale of its asset management business as it attempts to strengthen its balance sheet. Deutsche Bank said Sunday that it will raise a 8.5 billion in new capital and plan the partial sale of its asset management business as it attempts to strengthen its balance sheet following a multi-billion settlement with U.S. legal authorities.

Are We Breaking The Internet?

Recent outages from critical services across the net have created massive disruption in recent weeks: Whether it was Amazon’s S3 service failure, which took down thousands of sites, Cloudflare’s “Cloudbleed” security issue, which forced many sites to ask users to reset their passwords, or Google Wifi’s accidental reset, which wiped out customer’s internet profiles, the infrastructure behind the internet has looked substantially more unstable recently. The packetized technology that underlies most of the internet was created by Paul Baran as part of an effort to protect communications by moving from a centralized model of communication to a distributed one .

Deutsche Bank Board to Meet on $8.5 Billion Capital Raise

Deutsche Bank AG’s supervisory board will meet Sunday to discuss a plan to raise more than 8 billion euros as Chief Executive Officer John Cryan tackles concerns about capital levels, a person familiar with the matter said. story that said the lender is planning an equity offering and the sale of part of its asset management unit after failing to find a buyer for its Postbank consumer business, which had been a key pillar of Cryan’s strategy.

GM set to announce Opel sale

General Motors is set to announce a deal to sell Vauxhall and Opel to the French company that owns Peugeot and Citroen on Monday. Buying GM’s loss-making European operations will make PSA the continent’s second-biggest car maker after Volkswagen and ahead of French rival Renault.

Questions for Muslim students

Three Muslim students who tried to visit an Oklahoma lawmaker Thursday at the State Capitol in Oklahoma City were surprised when they were instead handed a questionnaire at his office. They would have to fill out the survey first, an office assistant told them, before they could make an appointment to see state Rep. John Bennett.

Business Briefcase, March 5, 2017

Access the Citizens’ Voice e-Edition on your computer or smart device in its original print format. Home delivery subscribers can read it free! Digital Only Subscription Read the digital e-Edition of The Citizens’ Voice on your PC or mobile device, and have 24/7 access to breaking news, local sports, contests, and more at citizensvoice.com or on our mobile apps.

China Sets Growth Target of About 6.5% Amid Pledges to Ease Risk

Chinese Premier Li Keqiang delivers his work report during the opening session of the National People’s Congress in Beijing’s Great Hall of the People on March 5, 2017. 6.5 percent , or higher if possible” as focus shifts to easing risk and ensuring stability before a twice-a-decade leadership transition this year.

Ge Ceo: It is the end of the ‘global elite’

America “will be less of a leader in trade” in the coming years, according to Jeff Immelt, GE’s chairman and CEO. “We’re in an era when some very basic assumptions about the global economy are being tested,” he said in his annual letter to shareholders .

China Dials Back Defense Spending Increases as Economy Cools

China indicated a continued slowdown in defense spending growth this year, as President Xi Jinping presses ahead with a sweeping military overhaul.  The defense budget will rise “about 7 percent,” National People’s Congress spokeswoman Fu Ying told a briefing ahead of China’s annual legislative session in Beijing. An actual spending target wasn’t expected until Sunday, when the Ministry of Finance releases its 2017 budget at the start of the 11-day legislative gathering.

Standard Life Eyes Aberdeen to Create $811 Billion Manager

Standard Life Plc, Scotland’s largest insurer, is in talks to acquire Aberdeen Asset Management Plc, creating one of Europe’s biggest fund managers overseeing 660 billion pounds . Under the terms of the potential deal, Standard Life shareholders would own 66.7 percent of the combined group, according to a joint statement on Saturday.