Business

Trump signs order to expand ocean oil drilling

Trump signs order to expand ocean oil drilling

Image of Trump, from the White House Flickr . Trump said in signing the order Friday that it will produce "countless" jobs and make the United States "far more energy independent". Zinke told reporters the administration will not remove the "stringent environmental safeguards already in place". He said previous restrictions on exploration and production deprive the US of "potentially thousands and thousands of jobs and billions of dollars in wealth".


Long road ahead for Trump executive order on drilling

Long road ahead for Trump executive order on drilling

The administration can redo the 5-year-plan, but it's a long process. Still, on Friday, Pence described the order as "an important step toward American energy independence" that would generate additional United States jobs. Trump had campaigned on a promise to do away with Obama-era environmental protections that he said were hobbling energy development and undermining US national security without providing any tangible benefits, cheering industry but enraging environmental advocates.


The problem with trading Trump's tax 'plan'

The problem with trading Trump's tax 'plan'

President Donald Trump ordered White House aides to speed up efforts to draft a plan cutting the corporate tax rate to 15%. Another official said the information released would be more like a "broad" outline. "We're now in the process of rebuilding America, and there's a new optimism sweeping across our country like people have not seen in many, many decades".



Treasury Secretary can't guarantee middle class wouldn't pay more under tax plan

The florist has a range of possibilit. "The same trickle-down economics that undermined the middle class are alive and well in the president's tax plan", said House Minority Leader Nancy Pelosi, D-Calif. What might be are his state and local taxes, which Rosenthal suspects made up a big chunk of Trump's $17 million of itemized deductions in 2005. Many people, particularly wealthy Americans, could set up companies and reclassify their paychecks as "business income" and have it taxed at ...


BC Lumber producers will continue to battle against softwood lumber tariffs: Yurkovich

BC Lumber producers will continue to battle against softwood lumber tariffs: Yurkovich

Freeland's sharp reminder: We like to be nice, but don't mess with us. "We do believe a negotiated deal is achievable. but we are also absolutely prepared to fight this out in the courts". In a sharp pivot from his criticism of China and Mexico for their trade practices, US President Donald Trump suggested that Canada's benign image was deceptive, and the country's policies were damaging and unfair to the United States.



Alphabet paid Google CEO Sundar Pichai $200M in 2016

Paid clicks, where an advertiser pays only if a user clicks on ads, rose 44 percent - analysts were, according to Reuters , only expecting a rise of 29.7 percent. The business, home to the Waymo self-driving auto, Google Fiber and thermostat-maker Nest, posted a first-quarter loss of $855 million. Alphabet's drive for diversification also includes its "Other Bets" business, considered the company's loss-making arm.