Business

Brexit talks may not start on time

Brexit talks may not start on time

Known as the Gracious Address, the Queen's Speech was historically written on vellum with ink that takes three days to dry, though it's now produced on thick goatskin parchment paper that also needs several days to dry. Brexit Secretary David Davis has said it is expected that "some elements of the manifesto will be pruned away" and it's likely that will include the plans to drop the triple lock on pensions and to introduce means-testing for the winter fuel allowance.



Stock futures down as tech rout continues

At 12:38 p.m. ET (1638 GMT), the Dow Jones Industrial Average . DJI was down 62.59 points, or 0.29 percent, at 21,209.38, the S&P 500 . SPX was down 8.15 points, or 0.34 percent, at 2,423.62 and the Nasdaq Composite . Dow Jones Industrial Average (DJIA ) futures are trading below fair value, after the blue-chip index closed last week at a record high. The sell off in Wall Street tech stocks continued Monday, although the fall wasn't as dramatic as Friday's 1.8% side in the Nasdaq .


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.