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Archive for December 18, 2017

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New York – Wall Street At Fresh Record Highs With Tax Revamp In Sight

December 18, 2017 at 04:25 PM
New York - Wall Street hit record closing highs on Monday as optimism increased about the likelihood of lower corporate tax rates as the Republican tax bill moved closer to passage. The Nasdaq surpassed the 7,000-point mark during the session but closed below that level. The Republican-controlled U.S. Congress is expected to begin voting on sweeping tax legislation on Tuesday, aiming to get...

New York – Buffett’s Latest Milestone: Berkshire Stock Hits $300,000

December 18, 2017 at 04:25 PM
New York - Berkshire Hathaway Inc's stock price touched $300,000 for the first time on Monday, reflecting investors' confidence in Warren Buffett's conglomerate despite four straight quarters of lower operating profit. Crossing the $300,000 threshold put Berkshire's Class A shares up 22.9 percent for the year, compared with a 20 percent gain in the Standard & Poor's 500. Berkshire's Class B...

Washington – Trump Doctrine: Israel Not Cause Of Regional Problems

December 18, 2017 at 04:05 PM
Washington - President Donald Trump declared a new national security strategy on Monday, echoing the message of his 2016 campaign as he declared "America is in the game and America is going to win." In a speech at the Ronald Reagan Building and International Trade Center, Trump faulted previous U.S. leaders for failing to look out for the nation's citizens. He promised to seek openings to...

Berlin – 9 New Nazi War Crimes Cases Sent To German State Prosecutors

December 18, 2017 at 03:30 PM
Berlin - The main federal agency that investigates Nazi war crimes in Germany has turned over nine new cases to state authorities for possible prosecution. Berlin's taz newspaper reported Monday that the cases involve guards from the Auschwitz death camp, and the Mauthausen, Buchenwald and Ravensbrueck concentration camps. Mauthausen was in Austria and Auschwitz in Nazi-occupied...

Jerusalem – Teva Pharm Woes Seen Denting Israeli Exports, Economic Growth

December 18, 2017 at 03:00 PM
Jerusalem - Israel's export-dependent economy is expected to take a hit from planned job cuts and plant closures at its largest company, Teva Pharmaceutical Industries , but overall growth should stay strong. Teva , the world's largest generic drugmaker, accounts for as much as 3 percent of Israeli economic output, according to economists. Teva, along with Israel Chemicals (ICL) and Intel's ...

Brooklyn, NY – Fire Official Warns Of Candle Use After Fatalities, Says Smoke Detectors Were Activated

December 18, 2017 at 02:21 PM
Brooklyn, NY - New York City's fire commissioner is warning about the use of unattended candles and other holiday items following the deaths of a mother and three of her children in a Brooklyn house fire. The fire broke out in the home on East 14th Street in Sheepshead Bay at around 2:20 a.m. Commissioner Daniel Nigro (NY'-groh) says the cause of Monday's fire is still under investigation...

New York – US Taxpayers Rush To Claim Deductions Under Threat From Tax Bill

December 18, 2017 at 02:04 PM
New York - Financial advisers and accountants are working overtime as many U.S. taxpayers scramble to pay the rest of their 2017 taxes before Jan. 1 when the proposed Republican tax overhaul would sharply cut the amount they can deduct on federal tax bills. The tax legislation, which top U.S. Republicans said on Sunday they expected Congress to pass this week, caps the amount of state, local...

Jerusalem – Watch: IDF Soldiers Restrain Response While Being Slapped By Palestinian

December 18, 2017 at 01:16 PM
Jerusalem - A video released Monday afternoon shows Palestinian residents from the village of Nabil Salih attempting to provoke a reaction from IDF soldiers, who are restraining themselves from responding. In the video, dated last Friday and released on Twitter today by Kann news, Palestinian women appear to push, kick and try to slap the soldiers, who refrain from responding, according to the...

United Nations – U.S. Vetoes U.N. Call For Withdrawal Of Trump Jerusalem Decision

December 18, 2017 at 12:45 PM
United Nations - The United States was further isolated on Monday over President Donald Trump's decision to recognize Jerusalem as Israel's capital when it blocked a United Nations Security Council call for the declaration to be withdrawn. The remaining 14 council members voted in favor of the Egyptian-drafted resolution, which did not specifically mention the United States or Trump but which...

Jerusalem – Two Israeli Soldiers Arrested In Attack On Druze Soldier

December 18, 2017 at 12:32 PM
Jerusalem - Two Israeli soldiers have been arrested in connection with an on-base attack against a Druze soldier. The soldier, who said he was beaten by fellow soldiers on his base in northern Israel, was taken to the hospital Thursday with a broken nose and cuts to his head and face. He also was kicked and punched all over his body until he lost consciousness. The arrests were made Sunday...

Seattle – Amtrak Train Derails On Highway Bridge In Washington State, At Least 6 Dead

December 18, 2017 at 11:36 AM
Seattle -An Amtrak train making the first-ever run along a faster new route hurtled off an overpass Monday near Tacoma and spilled some of its cars onto the highway below, killing at least six people, authorities said. The death toll was expected to rise. Seventy-eight passengers and five crew members were aboard when the train moving at more than 80 mph derailed about 40 miles (64 kilometers...

Miami, FL – Bal Harbour Village Becomes First To Pass Anti-Semitism Ordinance

December 18, 2017 at 11:00 AM
Miami - A Miami-area village council passed an ordinance that helps police define and investigate anti-Semitic acts as hate crimes. The Bal Harbour Village Council unanimously passed the ordinance, the first of its kind for a municipality, the Miami Herald reported. The ordinance was passed by the five-member council on Dec. 13 and took effect immediately. The ordinance allows police...

Dubai – Envoy: Palestinians May Seek U.N. Assembly Support If U.S. Vetoes Jerusalem Resolution

December 18, 2017 at 10:52 AM
Dubai - The Palestinian leadership may turn to the U.N. General Assembly if Washington vetoes a draft U.N. Security Council resolution to reaffirm Jerusalem's status as unresolved, after President Donald Trump's decision to recognize it as Israel's capital. The Palestinian United Nations envoy raised this option in remarks published in Saudi daily Arab News on Monday, ahead of a Security...

New Delhi – India’s Muted Response To Trump’s Jerusalem Move Stokes Arab Unease

December 18, 2017 at 10:29 AM
New Delhi - A dozen Arab ambassadors have asked India to clarify its position on the U.S recognition of Jerusalem as Israel's capital, diplomatic sources said, after New Delhi's muted response suggested a shift in support for the Palestinian cause. U.S. President Donald Trump abruptly reversed decades of U.S. policy this month when he recognized Jerusalem as Israel's capital, generating...

Jerusalem – Workers At Israel’s Teva Pharm Block Roads, Continue Protest Over Job Cuts

December 18, 2017 at 10:00 AM
Jerusalem - Workers at Israel's Teva Pharmaceutical Industries protested pending job cuts for a second straight day on Monday, blocking roads and shutting down a number of the drugmaker's plants nationwide. Hundreds of Teva employees, many wearing white lab coats, blocked the road and entrance to the finance ministry in Jerusalem, where union leaders were set to meet with finance and economy...

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