Business


US aircraft carrier starts drill with South Korean navy

A statement from South Korea's Joint Chiefs of Staff said that a missile was launched from the vicinity of Pukchang in central North Korea at about 5:30 a.m. However, he later indicated that China's role in "trying to reign in Pyongyang" came with its set of limitations, despite his claims that he had "established a very good personal relationship with President Xi".


United CEO to visit China to fix its image

United CEO to visit China to fix its image

The company said Friday that Munoz proposed rewriting his employment contract to remove the expectation that he would become chairman at next year's annual meeting of parent United Continental Holdings Inc. Ever since United Airlines had a passenger brutally beaten and dragged off the "overbooked" plane to make room for their own personnel, they've been in PR hell.


Supermarkets urged to sell 'wonky veg' as standard to cut food waste

Supermarkets urged to sell 'wonky veg' as standard to cut food waste

Supermarkets were also criticised for not being transparent about their food waste. Government should force supermarkets to reveal their food waste figures, an Efra inquiry has recommended. People can, and we will be, challenging Defra, government and the political parties to say, what are your responses to this". The Government should set an "ambitious" national reduction target to cut the food waste that costs the average person £200 a year, the MPs said.


Mnuchin: 'Effective Tax Rate Will Not Be a Reduction for the Rich'

Mnuchin: 'Effective Tax Rate Will Not Be a Reduction for the Rich'

His advisers have said that the economic growth the tax cuts will stimulate will make up for any shortfall in revenue. Treasury Secretary Steven Mnuchin has asserted a couple of times that the tax plan will pay for itself by generating a lot of growth because the proposed changes will spur investment and create jobs.


Trump claims he will pay

Trump claims he will pay "more" under his own tax plan

But that's not double . "If they have a couple of children, if they get a child tax credit, they could end up having an effective tax rate of about zero", he said . During several interviews Wednesday and Thursday, Treasury Secretary Steve Mnuchin characterized the Trump administration's vague tax proposal as being first and foremost about "a middle-income tax cut".



US Economy Grows at Disappointing 0.7% in First Quarter

Consumer spending appears to be the biggest drag on the USA economy. Higher interest rates will mean consumers end up spending more on credit card debt and big-ticket items purchased through loans, like automobiles. "I don't think there's real cause for alarm, because there were a lot of temporary factors that were hurting growth in the first quarter", said Leslie Preston, a senior economist at TD Economics.