Business

San Fernando Valley Congressman Proposes Impeachment of Trump, Alleging Obstruction of Justice

San Fernando Valley Congressman Proposes Impeachment of Trump, Alleging Obstruction of Justice

Sherman cited in particular the investigation into former White House national security adviser Michael Flynn and claims the president threatened and then terminated former FBI Director James Comey over the investigation. Rep. Justin Amash (R-Mich.) has said that if the allegations in a memo Comey leaked last month are true, they are grounds for impeachment. Articles of Impeachment will not pass the House in the near future.


USDA: Final details reached for beef exports to China

USDA: Final details reached for beef exports to China

Trade Representative Robert Lighthizer all praised the deal in a statement . Perdue called today a "great day for the United States and in particular for our cattle producers, who will be regaining access to an enormous market". American beef may soon be back on the menu in China. "I look forward to engaging with our Chinese counterparts as we address more complex issues to the benefit of both our nations", Ross said.


Altice USA IPO to raise at least $1.26B

Altice USA IPO to raise at least $1.26B

Altice USA, led by CEO Dexter Goei, has launched an IPO of more than 46.55 million shares of Class A common stock, which is expected to be priced at $27 to $31 per share. The class A shares being sold in the IPO have essentially no voting power in the company, which is controlled nearly entirely by class B shares owned by Drahi.


Inventories Swoon, Oil Prices Spike

Inventories Swoon, Oil Prices Spike

In other news , on Thursday, crude oil posted a two-sided trade, first rallying after official US data showed crude inventories fell sharply last week as refining and exports surged to record highs. Libya, an OPEC nation that's exempt from the production-cut deal, is said to have increased its output to 3-year highs of late. There were fears that U.S.


U.S. left as 'footnote' in G7 climate talks

U.S. left as 'footnote' in G7 climate talks

Italy holds the G7 presidency for 2017. Following President Donald Trump's controversial decision to exit the Paris Climate Agreement last week, Macron offered researchers, teachers, and students the opportunity to apply for a four-year grant that allows them to continue researching climate change in France.