Ross: Trump Backs EXIM Bank to Boost US Exports

U.S. Commerce Secretary Wilbur Ross held out hope Thursday that the Trump administration will revive the U.S. Export-Import bank’s full lending powers, saying the institution is part of its “trade toolbox” to boost exports. The U.S. government trade lender has been hobbled for the better part of two years by …

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Conservative Groups’ Study Slams Proposed Border Tax

Conservative activist groups that generally support Republicans but oppose a pro-export, anti-import Republican tax proposal released a study on Thursday estimating its impact on individual U.S. states, underscoring the party’s division over taxes. The two activist groups, backed by billionaire industrialists Charles and David Koch, reported that seven states won …

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Trump Taps Lyft Executive for Transportation Post

The White House said Thursday that President Donald Trump plans to nominate a Lyft executive as under secretary of transportation for policy. Derek Kan is general manager for San Francisco-based ride services company Lyft in Southern California. He previously was policy adviser to Senate Republican Leader Mitch McConnell, the husband …

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Trump Adviser From Wall St. Backs US Bank Breakup Law

White House economic adviser Gary Cohn said he backed bringing back the Glass-Steagall Act, a Depression-era law that would revamp Wall Street banks by splitting their consumer-lending businesses from their investment arms. The National Economic Council director, also a former Goldman Sachs president, expressed support to lawmakers for a banking …

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Tensions Rise as General Strike Paralyzes Argentina

Protesters in Argentina clashed with police during marches over government austerity measures on Thursday as labor unions challenged President Mauricio Macri in the first general strike since he took office 16 months ago. Security forces used high-powered water cannon and tear gas to control picketers who had blocked the Pan-American …

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Comic Don Rickles Dead at Age 90

Don Rickles, the master insult comic who created laughs with ridicule and sarcasm in a decades-long career that earned him the facetious nickname “Mr. Warmth,” died on Thursday at his Los Angeles home from kidney failure, his publicist said. He was 90. Rickles, who said he developed his brand of …

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Study: Fruits and Vegetables Can Lower Blood Pressure

There’s another reason to eat your fruits and vegetables. It could lower your blood pressure, according to new research. Researchers at the Keck School of Medicine of the University of Southern California have found potassium-rich vegetables like sweet potatoes, avocados, spinach, beans and bananas could help lower blood pressure. “Decreasing …

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Renewable Energy Breaks Records in 2016

More gigawatts of renewable energy were installed worldwide in 2016 than in any previous year, according to a new report. The Global Trends in Renewable Energy Investment 2017 report shows the costs of solar and wind energy continue to fall dramatically. But it also documents a slowdown in investment in …

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