BIARRITZ, France (AP) — Brushing off concerns about global economic instability, President Donald Trump defended the way he is trying to squeeze a trade deal out of China on Monday, saying it's a style that worked for him as a businessman....
Trump on US-China trade: 'Sorry, it's the way I negotiate'
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Navy pulls plug on climate task force after Pentagon deems climate change a ‘national security issue’
A decade-old Navy task force that researched the effects of and possible adaptations to climate change closed in March, but the news didn’t break until this month. On Aug. 7, E&E News Greenwire reported the service had “quietly” shuttered its Task Force Climate Change five months prior with little public notice. A Navy spokesperson told the online publication, which cover energy and environmental issues, the program ended because its “functions have been transitioned to existing business processes.” Stars and Stripes’ requests for comment from the Navy on the task force closure went unanswered Tuesday and Wednesday. Created in 2009, the task force was...
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New China tariffs a 'job killer,' US footwear industry tells Trump
Imported shoes made in China will raise prices for consumers by as much as $4 billion, the industry warned President Donald Trump's new tariffs on China are a "job killer," US shoe companies warned Wednesday pleading for them to be removed. In a sharp deterioration in the US-China trade war, Trump last week ramped up the punitive duties for the vast majority of US imports from China. The five percent...
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Bidcorp’s UK business boosts profits
Food-service group Bidcorp, which makes and distributes food products to restaurants and other clients, says its UK business helped boost annual profits despite the country’s messy divorce from the EU. A number of South African firms, including Famous Brands and Rebosis Property Fund, have...
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U.S. core capital goods orders rise; shipments tumble
WASHINGTON, Aug 26 (Reuters) - New orders for key U.S.-made capital goods unexpectedly rose in July, but shipments fell by the most in nearly three years, suggesting business investment remained soft and could weaken further amid an escalation in U.S.-China trade tensions. The Commerce Department said on Monday orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 0.4% last month, driven by strong demand for electrical equipment,...
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Walters: Old tax loopholes are living again in California
Everything old is new again, at least when it comes to punching loopholes in state tax laws to benefit corporate interests. As noted in a recent column, legislation is moving to re-establish “redevelopment” in California cities, albeit with a new name, just a few years after...
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Nebraska, Iowa and Council Bluffs file appeal to pull plug on Prairie Flower casino
Nebraska, Iowa and Council Bluffs are continuing their legal battle to shut down the Ponca Tribe's Prairie Flower Casino in Carter Lake. This week, lawyers for the three...
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94-year-old Firestone Building toppled to make way for 6-story downtown hotel
The nearly century-old Firestone Building in downtown Missoula went down this week to make way for a new six-story, $22 million hotel with a public rooftop bar. HomeBase Partners, a Bozeman-based development group, has begun construction on the 105-room AC Hotel at 139 E. Main St. It’s expected to be open in late 2020. Andy Holloran, the founder and CEO at HomeBase, expects that the new hotel will create 40 new jobs and will increase the city’s tax base by nearly $500,000. The pre-development property tax assessment on the Firestone Building, which was built in 1925, was just $15,081 in 2018. The hotel lies in the Front Street Urban Renewal District, and the Missoula Redevelopment Agency...
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Boris Johnson's bid to suspend Parliament before Brexit sends shock waves through financial markets
Boris Johnson's bid to suspend Parliament before Brexit yesterday sent shock waves through financial markets. In the minutes after the Prime Minister's move was announced, the pound fell...
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GOVERNOR CUOMO ADVANCES JFK REDEVELOPMENT WITH SEARCH FOR CONSTRUCTION MANAGEMENT PARTNER
GOVERNOR CUOMO ADVANCES JFK REDEVELOPMENT WITH SEARCH FOR CONSTRUCTION MANAGEMENT PARTNER Date: Aug 28, 2019 Press Release Number: 137-2019 RFP Released by Port Authority Solicits Construction Management Firm to Provide Oversight during the JFK Airport Redevelopment Construction of a New JFK Scheduled to Begin in 2020; First New Facilities Scheduled to Open in 2023 Governor Andrew M. Cuomo today announced a request for proposals to solicit bids to provide expert professional construction management for the John F. Kennedy International Airport Redevelopment Program on an 'as-needed' basis. The RFP, released today by the Port Authority of New York and New Jersey, aims to secure a qualified...
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Wells Fargo Announces $1 Billion Affordable Housing Commitment
The lack of affordable housing has caught the attention of Wells Fargo and the banking giant isn’t taking it lightly and has unveiled an ambitious plan to tackle the problem. Candy Moore, senior vice president and manager of Wells Fargo’s Community Relations and Southeast Community Development, told NNPA Newswire that the company will invest $1 billion over the next five years from its business and foundation to help make housing more affordable. “We will address three key issues in underserved communities that have been plagued by the lack of affordable housing – housing affordability, financial health and small business growth,” said Moore. “Charitable giving has always been a part of our...
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Spelman College Receives Funding from the Sloan Foundation to Help Fuel the Field of Black ...
ATLANTA, Aug. 26, 2019 /PRNewswire/ -- Through the support of a grant from the Alfred P. Sloan Foundation, a not-for-profit grant-making institution dedicated to the advancement of scientific knowledge, the Department of Economics at Spelman College will develop curriculum and programming to address the scarcity of Black women Ph.D.s in economics. Nationwide, there are very few African Americans in economics professions, and fewer than 10 percent of underrepresented minorities are awarded advanced degrees in the discipline, said Mary Schmidt Campbell, Ph.D., president of Spelman and a member of the Sloan Foundation board of trustees. "Economists and economic theory impact virtually every...
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Spelman College Receives Funding from the Sloan Foundation to Help Fuel the Field of Black Women Economists
ATLANTA, Aug. 26, 2019 /PRNewswire/ -- Through the support of a grant from the Alfred P. Sloan Foundation, a not-for-profit grant-making institution dedicated to the advancement of scientific knowledge, the Department of Economics at Spelman College will develop curriculum and programming to address the scarcity of Black women Ph.D.s in economics. Nationwide, there are very few African Americans in economics professions, and fewer than 10 percent of underrepresented minorities are awarded advanced degrees in the discipline, said Mary Schmidt Campbell, Ph.D., president of Spelman and a member of the Sloan Foundation board of trustees. "Economists and economic theory impact virtually...
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Why Real Madrid chief Florentino Perez pulled plug on David Silva transfer
The La Liga giants were reportedly close to signing the Manchester City star in 2010 before Perez called a deal off ......
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Developer wants to light up OP with huge digital display. But city could pull the plug
Developer Kenneth Block wants to add some color to his glass and concrete office buildings popping up at CityPlace in Overland Park. But his plan to display a painting by … Click to Continue » ......
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Graham Warns on Leaving Afghanistan: 'There Will Be Another 9/11 if We Pull the Plug'
Tuesday on “Fox & Friends,” Sen. Lindsey Graham (R-SC) issued a warning about the United States withdrawing from Afghanistan. Graham applauded Trump’s efforts to lower the cost of the war in Afghanistan, but said pulling troops out will result in ......
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U.S. business investment appears weak in third quarter
By Lucia Mutikani WASHINGTON, Aug 26 (Reuters) - New orders for key U.S.-made capital goods rose modestly in July while shipments fell by the most in nearly three years, pointing to continued weakness in business investment and a slowdown in economic growth early in the third quarter. Coming against the backdrop of an escalation in U.S.-China trade tensions, the report from the Commerce Department on Monday could provide more ammunition for the Federal Reserve to cut interest rates again next month. Fed Chair Jerome Powell told a conference of central bankers last week that trade policy uncertainty...
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READ TO ME: They asked for a kid, and they got a kid
TITLE: Once Upon a Goat Written by Dan Richards, illustrated by Eric Barclay (Alfred A. Knopf Books for Young Readers, Aug. 27), for ages 3 to 7, 40 pages, $17.99 hardcover, $10.99 ebook STORY: The king and queen...
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Remember these years of US job creation
In quirkily related business news that may have caught your eye: Uber plans to lease enough space in Chicago’s soon-to-be-renovated old post office building to accommodate thousands of workers, while restaurant managers in Fort Smith, Ark., are struggling to hire enough people to staff their kitchens and dining rooms. These are two scenes...
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'It's a job killer': Over 200 U.S. footwear companies urge Trump to scrap China tariff hike
WASHINGTON — More than 200 U.S. footwear companies on Wednesday urged U.S. President Donald Trump to cancel proposed higher tariffs on Chinese imports that take effect beginning next month, calling them hidden taxes that will jack up consumer prices. “Imposing tariffs in September on the majority of all footwear products from China — including nearly every type of leather shoe — will make it impossible for...
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Guorui Properties Announces 2019 Interim Results With an increase of 40.7% in gross profit, principal ...
EQS-News / 28/08/2019 / 10:20 UTC+8 Press Release Guorui Properties Announces 2019 Interim Results With an increase of 40.7% in gross profit, principal business rendered brilliant performance Highlights of 2019 Interim Results： RMB Million For the six months ended 30 June Change 2019 2018 Contracted Sales 12,828 6,843 87.5% Revenue 3,775 2,238 68.6% Gross Profit 1,075 764 40.7% Profit Attributable to Owners of the Company 429 410 9.4% Basic EPS (RMB fen) 9.6 9.2 9.8% (28 August 2019, Hong Kong) Guorui Properties Limited ("Guorui" or the "Group", stock code: 2329.HK) announced that in the six months ended 30 June 2019 (the "Period"), the Group proactively responded to the new market situation...
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OKC developers swear off historic tax credit review with latest acquisition
Officials from the Pivot Project, developers with a track record of doing historic rehabilitations of older buildings, say they’ve given up on seeking historic tax credits and National Register status as they look at options for their latest acquisition in Midtown. The former Walter E. Allen Chrysler Plymouth dealership at NW 13 and Harvey Avenue has been home to Able Rents for the past 30 years while the west service garage half of the building was sold separately five years ago and renovated into offices. Pivot Project Managing Partners Jonathan Dodson, Ben Sellers and David Wanzer have developed historic buildings,...
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California’s redevelopment bill is fiscally irresponsible
One of former Gov. Jerry Brown’s most significant achievements gets too little attention. In the midst of a budget crisis in 2011, Brown and the Legislature eliminated California’s 400-plus redevelopment agencies. They were locally controlled agencies that diverted billions of dollars from traditional public services to corporate-welfare-laden economic-development projects. Now that the state’s general fund has a large surplus, lawmakers are trying to bring back the redevelopment process. The most noxious effort, Assembly Bill 11, would have resurrected the agencies almost exactly as they were. That...
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Homeland to open new store in northeast Oklahoma City
Northeast Oklahoma City, currently without any grocery stores, could end up with two with plans underway for a new Homeland at NE 36 and Lincoln Boulevard. The deal has been underway between the regional Oklahoma City-based chain and the Alliance for Economic Development of Oklahoma City for the past two years. The development also will include a new 35,000-square-foot Homeland headquarters. “We know the area well, and our headquarters is already here,” Homeland CEO Marc Jones said....
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Iraq Moves to Pull Plug on Its Iran Power Cord
BAGHDAD—Iraq is trying to cut its dependence on Iranian energy under pressure...
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Crest Nicholson pulls plug on �250m housing job in Sussex
Housebuilder blames increasing economic uncertainty as it drops out of King Alfred redevelopment in Hove ......
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