Business

SETTING START: Stocks open higher on Wall Street

The Dow Jones industrial average rose 80.19 points, or 0.44 per cent, to 18,226.93, the S&P 500 added 7.26 points, or 0.34 per cent, to 2,137.16 and the Nasdaq Composite gained 31.88 points, or 0.64 per cent, to 4,988.64. "We do not expect a recession anytime soon, but that also doesn't mean fast enough growth to create worries about significantly higher interest rates", said Paul Nolte, senior vice president and portfolio manager at Kingsview Asset Management.

Business

Biritish Labour enters leadership contest on Monday

In a non-binding secret ballot last month, 172 of 230 Labour MPs said they had no confidence in Corbyn's leadership. Party grandees and MPs however warned against his election. Candidates for Labour leadership need the backing of 50 MPs to appear on the ballot, which Corbyn is unlikely to receive. It is thought Mr Corbyn would struggle to amass 51 signatures because his support is concentrated in the party's wider membership.

Business

Corbyn Leadership Row May Spark Court Fight

Meanwhile, a YouGov poll for the Election Data website found the Labour leader's union backing dissolving. Just a third of 1,221 trade union members from Unite, the GMB, Unison, Usdaw and the CWU, said he was doing well. Mr Corbyn has since struggled to fill all his shadow cabinet posts after dozens of MPs on his top team said they would no longer work with him. "I want to ensure our country can be healed after the bad shock that Brexit is going to inflict on it.

Business

Officer shot near St. Louis, suspect in custody

He got a prison term for being a felon in possession of a firearm, but he got out in March, 2015. An ambulance accompanied by Ballwin police was seen unloading a victim at Mercy Hospital . CBS affiliate KMOV-TV reports Flamion was shot while walking back to his vehicle to process paperwork during what appeared to be a routine traffic stop for speeding.

Business

Amid Devastating Setbacks, Tesla CEO Says He's Working on Another Secret 'Masterplan'

However, some readers may not be aware of the fact that our long-term plan is to build a wide range of models, including affordably priced family cars. Tesla told the Associated Press Monday the company has not received any communication from the SEC. And they may want some reassurances that Tesla's Autopilot system is safe after OH resident Joshua Brown was killed in May when his Model S sedan crashed into a truck despite having the partially self-driving system activated.

Business

Trump Tops Clinton In New Presidential Poll

Republicans were most likely to say the non-indictment would affect their vote in the presidential election - 47 percent say it makes them less likely to support Clinton, compared to 10 percent of Democrats. Republican Donald Trump would be a groundbreaker as well: the first president who lacked either electoral or military experience. Flynn, the former head of the Defense Intelligence Agency, called Clinton's comments "irresponsible" in an interview with ABC News because she "talked ...


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