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This year's H-1B cap is quickly reached -- and exceeded

This year's H-1B cap is quickly reached -- and exceeded

It said in a statement on Friday, April 7, that it "has reached the congressionally mandated 65,000 visa H-1B cap for fiscal year 2018". "The Justice Department will not tolerate employers misusing the H-1B visa process to discriminate against USA workers", said Acting Assistant Attorney General Tom Wheeler in a prepared statement. Read More

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Be fair in Brexit talks, European Union tells UK

This is published unedited from the IANS feed . A UK Government spokesman said: "These are draft guidelines and we look forward to beginning negotiations once they have been formally agreed by the 27 member states". However, Mr Tusk extended an olive branch by signalling that the trade talks could begin before the Brexit deal was finalised if Britain is considered to be negotiating in good faith. Read More

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US adds just 98K jobs; unemployment falls to a low 4.5 pct

US adds just 98K jobs; unemployment falls to a low 4.5 pct

However, unemployment fell to 4.5 percent, with 326,000 fewer unemployed workers, and wages continued their cautious climb, with average hourly earnings increasing by 5 cents to $26.14. Construction added 6,000 jobs, down from 59,000 jobs added the previous month. The change in temporary help services employment for January was revised from +6,500 to +15,100, and the change for February was revised from +3,100 to +8,900. Read More

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Dog attacks on mail carriers near 7000 as online sales boom

Dog attacks on mail carriers near 7000 as online sales boom

This number has increased from 6,549 in 2015 and is now, the highest in the last thirty years. The city had 62 dog attacks previous year. Reports say a spike in online shopping may be to blame for the respective spike in bites. Los Angeles topped the list, with 80 attacks a year ago. York County is among the worst in central Pennsylvania for dog attacks on mail carriers, and the job is only getting more unsafe. Read More

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Advisory firm: Vote out most of Wells Fargo's board

Advisory firm: Vote out most of Wells Fargo's board

The stock presently has a consensus rating of "Hold" and an average price target of $53.96. This is the price at which the trader or investor wants to exit his existing position so he can realize the most reward. The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks, or any time period the trader chooses. The day began at US$164.63 but the price moved to US$163.87 at one point during the trading and finally capitulating to a session high of US$166.22. Read More

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EU regulators approve Fox plans to buy Sky

EU regulators approve Fox plans to buy Sky

Both Rupert Murdoch and his son James were forced to appear before a commission, and the then CEO of News International Rebekah Brooks was forced to resign. It says they "compete with each other only to a limited extent". Fox expressed a welcoming stance: "We now look forward to continuing to work with United Kingdom authorities and are confident that the proposed transaction will be approved following a thorough review process". Read More

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Merkel, Hollande voice support for U.S. strike against Assad

Merkel, Hollande voice support for U.S. strike against Assad

The Russian air defense systems, including the S-400 systems, did not act as the Tomahawk cruise missiles flew past them. And to some, Trump appears to look strong - where others say his predecessor seemed weak. "There were measures put in place to avoid hitting what we believe is a storage of sarin". The strike - the first direct USA action against President Bashar al-Assad and Trump's biggest military decision since taking office - marked a dramatic escalation in American involvement in ... Read More

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Electronics retailer hhgregg is going out of business

Electronics retailer hhgregg is going out of business

INDIANAPOLIS - hhgregg announced Friday that they would be closing all of their stores after they failed to find a buyer by its Friday deadline . About 4,200 employees will be laid off. There are three hhgregg stores located in Indianapolis and 220 stores nationwide. "Guaranteed." In recent years, it started devoting more floor space to selling furniture as it struggled to find a niche in a shifting retail landscape. Read More

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Senate OKs California tax, fee hike for roads

The bill passed the Senate with the minimum votes needed 27-11. Lawmakers were in a rush to take action on SB1 by Thursday, before the state Legislature begins its weeklong spring break. John Moorlach, R-Costa Mesa. And we gotta keep paying for 'em - otherwise, they're not gonna work for us. The tax is used to fix roads and freeways. - $7.3 billion by raising the current 16-cent-a-gallon diesel excise tax by 20 cents - a 125 percent increase starting November 1. Read More

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No fly for wearing leggings

It is unclear why United considers leggings to be inappropriate and whether other articles of clothing are barred under the policy. American Airlines pointed Shannon in the direction of their policy, and defended their right to refuse a passenger entry based on apparel. Read More

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Iran says US strike in Syria

Iran says US strike in Syria "dangerous, destructive"

The US military attacked the Syrian government's Shayrat Airfield near Homs with 59 tomahawk missiles on Friday. Iran said on Friday denounced as "destructive and dangerous" USA missile strikes against a Syrian airbase from which a deadly chemical weapons attack was launched, the Students News Agency ISNA quoted Foreign Ministry spokesman as saying. Read More

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CarMax Inc. Earnings Rise 8% In Q4

CarMax Inc. Earnings Rise 8% In Q4

Over the past five trading sessions it is -6.59%; -12.64% for the month; -13.88% for the last quarter; 6.28% for the past six-months; and 8.98% for the last 12 months. A number of other research firms also recently issued reports on KMX. If you are accessing this article on another publication, it was illegally stolen and republished in violation of U.S. Read More

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Stock Jumping Abnormally High: First Solar, Inc. (FSLR)

Stock Jumping Abnormally High: First Solar, Inc. (FSLR)

First Solar, Inc .is a provider of photovoltaic (PV) solar energy solutions. At the end of 12/31/2016 reporting period, 166 institutional holders increased their position in First Solar, Inc . They now have a Dollars 48 price target on the stock. Barclays Maintains the company's stock to Overweight on 11/23/16 by setting a price target of $40. Read More

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Spieth sticks a quad at Augusta, but his timing has improved

Spieth sticks a quad at Augusta, but his timing has improved

When a reporter asked him early in the week if it was at all therapeutic to keep discussing it, Spieth initially conceded it might, then seemed visibly (and perhaps understandably) annoyed the more he thought about it. Spieth made up six strokes after starting the day trailing leader Charley Hoffman by 10 shots . It was following a recent Spieth pattern at Augusta, a place that he's made his own in just three years at the Masters . Read More

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Oil spikes as US strike against Syria roils global markets

Oil spikes as US strike against Syria roils global markets

Apart from its proximity to the Middle East nations, the ongoing conflict in Syria involves Russian Federation and the US, two other major crude producers. Brent crude futures were up 28 cents at $55.17 a barrel by 11:33 a.m. EDT (1533 GMT) after reaching an intraday peak of $56.08, the highest since March 7, shortly after the US missile strike was announced. Read More

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Spieth's revenge tour of Augusta spoiled by quadruple-bogey

Spieth's revenge tour of Augusta spoiled by quadruple-bogey

Then, poof, Spieth's afternoon unraveled - on the same back-nine and in a similar manner in which it fell apart during the final round of last year's Masters, when he lost a five-shot lead. Spieth, the 2015 champion here (having sped past Hoffman, his playing partner, in the third round), insisted he felt no pressure in his return to the 12th on Thursday. Read More

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Trump 'develops friendship' with Chinese president at Mar-a-Lago

Trump 'develops friendship' with Chinese president at Mar-a-Lago

In their first face-to-face meeting, Xi and Trump met at Mar-a-Lago, Trump's estate in Palm Beach, on Thursday. For Xi, "the meeting is greatly significant in determining the direction of Sino-US relations in the new era, promoting the healthy and stable development of Sino-US relations at a new starting point, and promoting peace, stability and prosperity in the Asia-Pacific region and even the whole world", Chinese Foreign Ministry spokeswoman Hua Chunying said ahead of the talks. Read More

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Lawmakers OK California tax, fee hike for roads

Under SB1, the state's gas excise tax, which is now 18 cents, would increase by 12 cents per gallon to 30 cents. Furthermore, the plan would impose a $100 a year fee on electric vehicles because their drivers don't pay gas taxes. Democrats hold two-thirds majorities in the Senate and Assembly, and they needed almost every one of those votes to get the measure through. Jerry Brown often strayed from civic inspiration to political exasperation. Read More

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Rep. Maxine Waters: O'Reilly needs 'to go to jail'

Rep. Maxine Waters: O'Reilly needs 'to go to jail'

Following the release of the tape, more than a dozen women came forward to accuse then-Republican presidential nominee of sexually assaulting, groping and harassing them. "I don't think Bill would do anything wrong", Trump said. "But it's all catching up with Bill O'Reilly", she continued, "and that sexual harassment enterprise that they created over there at Fox". Read More

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Pace of US hiring tumbles, yet jobless rate hits 10-year low

Pace of US hiring tumbles, yet jobless rate hits 10-year low

The unemployment rate fell to a post-crisis low of 4.5%, and the number of people who were working part-time but preferred full-time jobs fell by 151,000 to 5. The survey the BLS uses to calculate the number of jobs created is completed on the 12th of each month. That could mean that builders now won't need to add jobs as they traditionally do during spring, which could restrain job growth in March or future months. Read More

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Sweden arrests man for 'terrorist crime' after truck attack

Police said they had arrested one man after the attack, which killed four people and injured 15, while Swedish Prime Minister Stefan Lofven Friday said "everything pointed" to it being a terror attack. The U.S. State Department also condemned the attack, adding, "Attacks like this are meant to sow the seeds of fear, but in fact they only strengthen our shared resolve to combat terrorism around the world". Read More

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Gold climbs to five-month high

Spot gold rose 1 per cent to $1,264.30 per ounce by 0340 GMT. U.S. President Donald Trump said on Thursday he ordered missile strikes against a Syrian airfield from which a deadly chemical weapons attack was launched. "Gold has broken the 200-day moving average intra-day and has tested its upper resistance at $1,264, the February 28 high". "It just hasn't shown any ability to break the 200-day moving average and clearly shows that the price action is not being driven in isolation but has ... Read More

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RBI raises Reverse Repo Rate to 6%

RBI raises Reverse Repo Rate to 6%

According to Dr Soumya Kanti Ghosh, Chief Economic Adviser, Economic Research Department of the State Bank of India, the narrowing of the corridor is perhaps an indication that RBI may not allow the term structure of interest rates to decline meaningfully against the backdrop of abundant liquidity. Read More

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Iran Holds First International Marathon Largely Without Americans

Iran Holds First International Marathon Largely Without Americans

He opposed the decision to segregate women from men for the race, however. "I do not agree with that", Sebastian Straten, the Dutch race organiser, said. Ali Akbar Barzi crossed the finish line in 21 kilometers race and Hossein Keyhani won the 10 kilometers race. No women were allowed to officially take part previous year, but two women - Masoumeh Torabi and Elham Manoocheri - nonetheless ran separately from the men in protest, and are recognised as participants on the race's website . Read More

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Morning Scan Cohn said to support Glass-Steagall; Lending Club founder returns

Morning Scan Cohn said to support Glass-Steagall; Lending Club founder returns

Ivanka Trump confers with economic adviser Gary Cohn in the White. WHO SUPPORTS IT?: Since the 2008 financial crisis, Glass-Steagall has become a calling card for politicians eager to crack down on Wall Street. "I don't know if it's August or not", Cohn said in an interview Friday morning on Bloomberg TV. "There is broad agreement, including among all our bank regulatory agencies, that Glass-Steagall would not have prevented the crisis or the housing market collapse", Rob Nichols, ... Read More

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UK firms to publish pay data in bid to eliminate gender gap

UK firms to publish pay data in bid to eliminate gender gap

Under new steps to try and eradicate sexual discrimination and the gender pay gap in the work place all companies with more than 250 employees must now publish their gender pay gaps figures. This comes after a report by McKinsey & Co in September previous year showed that eliminating work-related gender pay gaps could add £150bn to annual UK GDP by 2025 through enhanced productivity and business reputation. Read More

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Saudi crown prince discusses enhancing bilateral ties with May

Saudi crown prince discusses enhancing bilateral ties with May

Saudi officials said past year they expect the PIF to expand from $160 billion to about $2 trillion after the Aramco share transfer, which would make it the world's largest sovereign fund. On Sunday, British Foreign Secretary Boris Johnson expressed his regret to Saudi Arabia's Deputy Crown Prince Mohammed bin Salman after an activist in London tried to make a citizen's arrest on a prominent Saudi general who frequently appears in the media to defend the kingdom's war in Yemen. Read More

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Big gains for Alberta in jobs report

The number of Americans either working or looking for work in the past month hit a record high of 160,201,000, according to numbers released by the Bureau of Labor Statistics. Workers are starting to get bigger raises as businesses want to keep their best workers happy. Still, wage growth needs time to recover as does the share of workers employed so household incomes can recover to their 1999 peak. Read More

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KFC to stop using chickens raised with human antibiotics

KFC to stop using chickens raised with human antibiotics

The announcement is the latest move in KFC's US brand "turnaround", which it labels the "re-colonelization" of KFC. Kentucky Fried Chicken was the last holdout of the big three chicken restaurants, after McDonald's and Chick-fil-A, to join the fight against the risky rise of antibiotic-resistant bacteria known as superbugs and decide to drop their use. Read More

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