Disney CEO Iger quits Trump council over climate decision

Iger’s move came after Tesla CEO Elon Musk followed through on his threat to leave three presidential advisory councils over Trump’s decision to back out of the Paris climate accord. Iger and Musk weren’t the only corporate stalwarts to join the outcry over Trump’s choice. Other prominent companies, including Shell and Nike, also voiced their support for the agreement despite the president’s move. Goldman Sachs CEO Lloyd Blankfein, in his first-ever tweet, called Trump’s decision “a setback for


Iger’s move came after Tesla CEO Elon Musk followed through on his threat to leave three presidential advisory councils over Trump’s decision to back out of the Paris climate accord. Iger and Musk weren’t the only corporate stalwarts to join the outcry over Trump’s choice. Other prominent companies, including Shell and Nike, also voiced their support for the agreement despite the president’s move. Goldman Sachs CEO Lloyd Blankfein, in his first-ever tweet, called Trump’s decision “a setback for
Disney CEO Iger quits Trump council over climate decision Cached Page below :
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Disney CEO Iger quits Trump council over climate decision

Iger’s move came after Tesla CEO Elon Musk followed through on his threat to leave three presidential advisory councils over Trump’s decision to back out of the Paris climate accord.

Iger and Musk weren’t the only corporate stalwarts to join the outcry over Trump’s choice. Other prominent companies, including Shell and Nike, also voiced their support for the agreement despite the president’s move. Goldman Sachs CEO Lloyd Blankfein, in his first-ever tweet, called Trump’s decision “a setback for the environment and for the U.S.’s leadership position in the world.”

Meanwhile, Twitter CEO and co-founder Jack Dorsey tweeted his support for Iger’s resignation from Trump’s council with a simple message.

Watch: Iger on potential POTUS run


Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: mike calia
Keywords: news, games, cnbc, companies, worldmeanwhile, disney, igers, musk, trumps, trump, decision, werent, uss, quits, climate, ceo, iger, support, voiced, council


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Apple CEO Tim Cook slams Donald Trump’s decision to withdraw from climate deal

“I spoke with President Trump on Tuesday and tried to persuade him to keep the U.S. in the agreement. Cook also called the White House decision “wrong for our planet” in a post on Twitter. Disney CEO Robert Iger also said he quit the White House’s business advisory council over the decision. Team, I know many of you share my disappointment with the White House’s decision to withdraw the United States from the Paris climate agreement. I spoke with President Trump on Tuesday and tried to persuade


“I spoke with President Trump on Tuesday and tried to persuade him to keep the U.S. in the agreement. Cook also called the White House decision “wrong for our planet” in a post on Twitter. Disney CEO Robert Iger also said he quit the White House’s business advisory council over the decision. Team, I know many of you share my disappointment with the White House’s decision to withdraw the United States from the Paris climate agreement. I spoke with President Trump on Tuesday and tried to persuade
Apple CEO Tim Cook slams Donald Trump’s decision to withdraw from climate deal Cached Page below :
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Apple CEO Tim Cook slams Donald Trump's decision to withdraw from climate deal

“I spoke with President Trump on Tuesday and tried to persuade him to keep the U.S. in the agreement. But it wasn’t enough,” Cook wrote.

He added in the email that climate change was real and that everyone had a shared responsibility to fight it. He assured employees that Thursday’s decision will not affect Apple’s commitments to protect the environment.

“We power nearly all of our operations with renewable energy, which we believe is an example of something that’s good for our planet and makes good business sense as well.”

Cook also called the White House decision “wrong for our planet” in a post on Twitter.

Cook is not the only business leader to have expressed disappointment or disagree with Trump’s decision. Earlier, Tesla and SpaceX CEO Elon Musk said he will leave his positions on three presidential councils.

Disney CEO Robert Iger also said he quit the White House’s business advisory council over the decision. Goldman Sachs CEO, Lloyd Blankfein, also criticized the decision on Twitter.

After pulling the U.S. out from the climate agreement, Trump said he would start talks to re-enter the accord with what he called a more “fair” deal, but the president was immediately rebuked by several European governments.

Here’s the full excerpt of Cook’s email.

Team, I know many of you share my disappointment with the White House’s decision to withdraw the United States from the Paris climate agreement. I spoke with President Trump on Tuesday and tried to persuade him to keep the U.S. in the agreement. But it wasn’t enough. Climate change is real and we all share a responsibility to fight it. I want to reassure you that today’s developments will have no impact on Apple’s efforts to protect the environment. We power nearly all of our operations with renewable energy, which we believe is an example of something that’s good for our planet and makes good business sense as well. We will keep working toward the ambitious goals of a closed-loop supply chain, and to eventually stop mining new materials altogether. Of course, we’re going to keep working with our suppliers to help them do more to power their businesses with clean energy. And we will keep challenging ourselves to do even more. Knowing the good work that we and countless others around the world are doing, there are plenty of reasons to be optimistic about our planet’s future. Our mission has always been to leave the world better than we found it. We will never waver, because we know that future generations depend on us. Your work is as important today as it has ever been. Thank you for your commitment to making a difference every single day. Tim

— CNBC’s Tom DiChristopher and Jacob Pramuk contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: saheli roy choudhury, stephen lam, getty images
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Trump administration asks Supreme Court to revive travel ban

President Donald Trump’s administration on Thursday asked the U.S. Supreme Court to revive his ban on travelers from six Muslim-majority nations after it was blocked by lower courts that found it was discriminatory. The administration filed two emergency applications with the nine Court justices seeking to block two different lower court rulings that went against Trump’s March 6 order barring entry for people from Iran, Libya, Somalia, Sudan, Syria and Yemen for 90 days while the U.S. government


President Donald Trump’s administration on Thursday asked the U.S. Supreme Court to revive his ban on travelers from six Muslim-majority nations after it was blocked by lower courts that found it was discriminatory. The administration filed two emergency applications with the nine Court justices seeking to block two different lower court rulings that went against Trump’s March 6 order barring entry for people from Iran, Libya, Somalia, Sudan, Syria and Yemen for 90 days while the U.S. government
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Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: don emmert, afp, getty images, christopher aluka berry
Keywords: news, games, cnbc, companies, ban, asks, trump, court, yemen, travel, visa, lower, travelers, administration, went, trumps, supreme, syria, revive


Trump administration asks Supreme Court to revive travel ban

President Donald Trump’s administration on Thursday asked the U.S. Supreme Court to revive his ban on travelers from six Muslim-majority nations after it was blocked by lower courts that found it was discriminatory.

The administration filed two emergency applications with the nine Court justices seeking to block two different lower court rulings that went against Trump’s March 6 order barring entry for people from Iran, Libya, Somalia, Sudan, Syria and Yemen for 90 days while the U.S. government implements stricter visa screening.


Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: don emmert, afp, getty images, christopher aluka berry
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Hiring in May is expected to be strong for college grads and everyone else

Hiring in May is expected to have been strong, with 185,000 jobs created and unemployment steady at a low 4.4 percent. Friday’s employment report is expected to show that gains were broad-based. Business and professional hiring, as well as construction and possibly manufacturing and retail — a recent area of weakness — are all expected to show improvement. A recent Korn Ferry survey showed salaries for new college graduates at an all-time high. In a tightening labor market, companies have diffic


Hiring in May is expected to have been strong, with 185,000 jobs created and unemployment steady at a low 4.4 percent. Friday’s employment report is expected to show that gains were broad-based. Business and professional hiring, as well as construction and possibly manufacturing and retail — a recent area of weakness — are all expected to show improvement. A recent Korn Ferry survey showed salaries for new college graduates at an all-time high. In a tightening labor market, companies have diffic
Hiring in May is expected to be strong for college grads and everyone else Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: patti domm, xinhua news agency, getty images
Keywords: news, games, cnbc, companies, grads, expected, strong, labor, recent, number, college, expects, payrolls, report, wages, market, hiring, economists


Hiring in May is expected to be strong for college grads and everyone else

Hiring in May is expected to have been strong, with 185,000 jobs created and unemployment steady at a low 4.4 percent.

Friday’s employment report is expected to show that gains were broad-based. Business and professional hiring, as well as construction and possibly manufacturing and retail — a recent area of weakness — are all expected to show improvement.

“The good news is this is the best college grad year in a decade. We should see full-time hires pick up,” said Diane Swonk, CEO of DS Economics. A recent Korn Ferry survey showed salaries for new college graduates at an all-time high.

But economists are closely watching the average hourly wages in the jobs report for signs of a pickup. Economists expect to see gains of just 0.2 per cent month over month, after a 0.3 percent increase last month, according to Thomson Reuters data. That would equal about a 2.6 percent yearly gain when the Federal Reserve would like to see 3 percent. Rising wages are an early sign of inflation.

Swonk expects to see unemployment rise to 4.5 percent because more people will be joining the work force. “We’re pulling people in,” she said, noting the state of Maine is talking about releasing prisoners to fill summer jobs.

“Those are all signs that they’re broadening the pool,” Swonk added. She expects 180,000 payrolls.

Deutsche Bank chief U.S. economist Joseph LaVorgna expects to see 235,000 jobs added in May, well above the 185,000 consensus, reported by Thomson Reuters.

“It’s going to be very broad-based. Generally speaking, when you get a number well above 200,000, you tend to see a lot of areas do well, like manufacturing and construction,” he said. LaVorgna also said he expects retail, hit by store closings, to stabilize and add some jobs.

LaVorgna expects an increase of 0.2 percent in hourly wages.

“Wages are rising, but not very quickly. My guess is you’ll see further grinding improvement, but not one that causes market expectations of inflation to meaningfully shift,” said LaVorgna. “However, if there is an upward swing in the wage number, with a solid report, the market could get a little more nervous.”

Markets, and the bond market in particular, have been full of speculation that the Federal Reserve will raise interest rates just one more time this year because of lower inflation. A jump in wages could stir up the bond market, where yields have been moving mostly lower.

Goldman Sachs economists expect just 170,000 payrolls. They raised their forecast by 10,000 after ADP reported private sector payrolls of 253,000 Thursday morning.

The economists said they believe that there was an artificial boost in April’s job numbers, which saw 211,000 payrolls after bad weather subtracted from March employment gains. That could moderate in May.

Many economists believe the labor market has tightened so much that monthly job growth will be more in line with the 185,000 expected than a number of more than 200,000. In a tightening labor market, companies have difficulty finding employees with the right skills.

Goldman economists said that payroll growth tends to slow during the late spring in years with tight labor markets.

“Labor constraints appear particularly binding in May [and August] in these years. One potential explanation is that the May payroll period occurs after much of the start-of-year seasonal slack has been wound down [earlier in the Spring hiring season] but before the entry of students and recent graduates into the labor force [in late May and June],” they wrote.

Besides the employment report, international trade is also released at 8:30 a.m. ET.


Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: patti domm, xinhua news agency, getty images
Keywords: news, games, cnbc, companies, grads, expected, strong, labor, recent, number, college, expects, payrolls, report, wages, market, hiring, economists


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Google confirms details of upcoming ad-blocker in Chrome

To see the prompts, users must sign up to participate in the Google Contributor program, and must be signed in to Chrome. If they’re not signed up and have an ad-blocker turned on, they won’t be able to view the site. Business Insider is among the participating sites, Google confirmed. Pop-ups, takeover ads and ads with auto-playing audio are all considered bad ads, according to the Coalition for Better Ads. Google confirmed a new version of Chrome will launch in 2018 that will prevent websites


To see the prompts, users must sign up to participate in the Google Contributor program, and must be signed in to Chrome. If they’re not signed up and have an ad-blocker turned on, they won’t be able to view the site. Business Insider is among the participating sites, Google confirmed. Pop-ups, takeover ads and ads with auto-playing audio are all considered bad ads, according to the Coalition for Better Ads. Google confirmed a new version of Chrome will launch in 2018 that will prevent websites
Google confirms details of upcoming ad-blocker in Chrome Cached Page below :
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Keywords: news, games, cnbc, companies, able, ad, ads, site, standards, adblocker, sites, using, details, upcoming, view, google, chrome, confirms, publishers


Google confirms details of upcoming ad-blocker in Chrome

Google has confirmed it’s getting into the ad-blocking game, as has been previously reported — but in a very limited way.

The company told CNBC that it will allow publishers to participate in a new program called Funding Choices. Under the program, when a user with a third-party ad blocker enabled visits a participating site using Chrome, they will see a prompt that asks them to either turn off their ad blocker, or “pay for a pass that removes all ads on that site through the new Google Contributor.” If they choose to pay the fee, Google will take a 10 percent cut. If they select neither choice, they won’t be able to view the website.

The move will help publishers who fear losing ad revenue from users with ad blockers turned on. Instead of having to manage these kinds of prompts themselves, publishers can essentially outsource this task to Google.

To see the prompts, users must sign up to participate in the Google Contributor program, and must be signed in to Chrome. If they’re not signed up and have an ad-blocker turned on, they won’t be able to view the site. If they’re not using an ad blocker at all, they’ll be able to view the site as usual, complete with ads.

Business Insider is among the participating sites, Google confirmed.

However, publishers must first be compliant with ad standards from the Coalition of Better Ads, of which Google is a part, which could hurt some smaller publishers who have limited leverage over the types of ads they can accept.

Publishers will be able to prepare their sites for these standards using an Ad Experience Report, which will provide “screenshots and videos of annoying ad experiences we’ve identified to make it easy to find and fix the issues.”

Pop-ups, takeover ads and ads with auto-playing audio are all considered bad ads, according to the Coalition for Better Ads.

Google confirmed a new version of Chrome will launch in 2018 that will prevent websites from showing ads “including those owned or served by Google” on sites that don’t meet its standards.


Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: todd haselton, justin sullivan, getty images
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Elon Musk is leaving presidential councils over withdrawal from Paris accord

The landmark climate deal calls for the U.S. to reduce its greenhouse gas emissions by between 26 and 28 percent below 2005 levels by 2025, among other things. Trump has said the Paris accord was negotiated to have terms that are unrealistic and unfair to the U.S. The president is looking to withdraw from the accord and immediately restart talks to set targets that would be more fair . Proponents of the deal expect it will help bolster businesses like those that Musk runs. Watch: Macron says Par


The landmark climate deal calls for the U.S. to reduce its greenhouse gas emissions by between 26 and 28 percent below 2005 levels by 2025, among other things. Trump has said the Paris accord was negotiated to have terms that are unrealistic and unfair to the U.S. The president is looking to withdraw from the accord and immediately restart talks to set targets that would be more fair . Proponents of the deal expect it will help bolster businesses like those that Musk runs. Watch: Macron says Par
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Keywords: news, games, cnbc, companies, help, derwin, presidential, accord, musk, deal, paris, targets, withdraw, leaving, councils, withdrawal, elon, climate, welcomed


Elon Musk is leaving presidential councils over withdrawal from Paris accord

The landmark climate deal calls for the U.S. to reduce its greenhouse gas emissions by between 26 and 28 percent below 2005 levels by 2025, among other things.

Trump has said the Paris accord was negotiated to have terms that are unrealistic and unfair to the U.S.

The president is looking to withdraw from the accord and immediately restart talks to set targets that would be more fair . However, French, German and Italian officials said they do not believe the agreement can be renegotiated.

The accord was the result of more than 20 years of negotiations, and the only countries in

the United Nations Framework Convention on Climate Change that have not signed on to the deal are Syria and Nicaragua.

Proponents of the deal expect it will help bolster businesses like those that Musk runs. Both electric cars and solar energy can be used to help reach the targets proposed in the deal.

Musk isn’t the only CEO who has pushed Trump to uphold the deal. Others include Apple and Microsoft.

Silicon Valley investor Doug Derwin, who had pledged to spend up to $2 million of his own money on a campaign to pressure Musk to quit the councils, welcomed the news.

“Thanks, Elon, for doing the right thing,” said Derwin, in a statement sent to CNBC on Thursday. “Welcome to the resistance.”

Watch: Macron says Paris climate deal ‘irreversible’


Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: robert ferris, monica almeida
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Auto industry titans say they’re still committed to cutting emissions

Both Ford and General Motors say U.S. withdrawal from the Paris Agreement does not affect their views on climate change, or their plans to reduce carbon emissions. And some auto industry analysts are skeptical the decision will have that much of an effect on the operations of global car companies, which sell and manufacture automobiles around the world. Traditional automakers are considered by some to be one of the sectors that would benefit from any policy change that could relax emissions stan


Both Ford and General Motors say U.S. withdrawal from the Paris Agreement does not affect their views on climate change, or their plans to reduce carbon emissions. And some auto industry analysts are skeptical the decision will have that much of an effect on the operations of global car companies, which sell and manufacture automobiles around the world. Traditional automakers are considered by some to be one of the sectors that would benefit from any policy change that could relax emissions stan
Auto industry titans say they’re still committed to cutting emissions Cached Page below :
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Keywords: news, games, cnbc, companies, standards, theyre, say, change, industry, auto, paris, sell, remain, vehicles, climate, companies, titans, withdrawal, cutting, committed, emissions, global


Auto industry titans say they're still committed to cutting emissions

Both Ford and General Motors say U.S. withdrawal from the Paris Agreement does not affect their views on climate change, or their plans to reduce carbon emissions.

And some auto industry analysts are skeptical the decision will have that much of an effect on the operations of global car companies, which sell and manufacture automobiles around the world.

Traditional automakers are considered by some to be one of the sectors that would benefit from any policy change that could relax emissions standards.

“GM will not waver from our commitment to the environment and our position on climate change has not changed,” the company said in a statement sent to CNBC. “International agreements aside, we remain committed to creating a better environment.”

The company said it advocates for “climate action and awareness” and is the only automaker to have signed the Ceres Climate Declaration, and one of the first companies to sign the American Business Act on Climate Pledge.

“Nothing showcases our commitment more than our leadership in electric vehicles and the Chevrolet Bolt EV,” General Motors said.

Ford told CNBC the company believes “climate change is real, and remain deeply committed to reducing greenhouse gas emissions in our vehicles and our facilities. Our commitment to sustainability is why we’re investing so heavily in electrification and adding 13 new electrified vehicles to our lineup.”

Some industry analysts also point out that both companies, as well as just about every other major automaker, will continue to do business in countries that remain committed to the agreement.

“Despite the U.S. government’s decision to withdraw, global automakers must continue developing vehicles to meet more stringent fuel economy and emissions standards for the rest of the world that remains part of the Paris Agreement on climate change,” said Michelle Krebs, executive analyst for Autotrader. “Otherwise, they risk being unable to sell their vehicles in global markets, including China, now the world’s largest new-car market, and falling behind technologically.”

Even cars sold in the U.S. will still have to comply with regulations overseen by government entities such as the National Highway Traffic Safety Administration, the Environmental Protection Agency, and the California Air Resources Board, said Rebecca Lindland, executive analyst for Kelley Blue Book.

However, she added that those standards could also come under review if the administration is determined to roll back environmental regulations.

“But while manufacturers may welcome an easing of the very stringent standards and the zero emission vehicle mandate,” Lindland said, “they are unlikely to suddenly change course and begin building gas-guzzling SUVs with V8 engines which are out of line with what most consumers in the U.S. are gobbling up — 4-and 6-cylinder crossovers — and very much out of line with the rest of the world.”

Kelley Blue Book executive editor Jack Nerad said auto companies might be a bit happier about the withdrawal than they are letting on.

“Auto makers might try to mask their joy at the withdrawal from the Paris Accord on climate change,” Nerad said, “but many of them will rejoice that they will be less likely to be forced to sell vehicles that U.S. consumers don’t seem to want.”


Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: robert ferris, mark peterson, corbis, getty images
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Trump is leaving Paris climate agreement even though majority of Americans in every state supported it

President Trump decided to pull out of the Paris climate agreement on Thursday even though a majority of Americans supported it. According to a climate note posted by the Yale Program on Climate Change Communication earlier this month, more than 50 percent of residents in each U.S. state supported the Paris Agreement on climate change, which was originally signed in April 2016. “Majorities of Democrats (86%) and Independents (61%), and half of Republicans (51%) say the U.S. should participate (i


President Trump decided to pull out of the Paris climate agreement on Thursday even though a majority of Americans supported it. According to a climate note posted by the Yale Program on Climate Change Communication earlier this month, more than 50 percent of residents in each U.S. state supported the Paris Agreement on climate change, which was originally signed in April 2016. “Majorities of Democrats (86%) and Independents (61%), and half of Republicans (51%) say the U.S. should participate (i
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Trump is leaving Paris climate agreement even though majority of Americans in every state supported it

President Trump decided to pull out of the Paris climate agreement on Thursday even though a majority of Americans supported it.

According to a climate note posted by the Yale Program on Climate Change Communication earlier this month, more than 50 percent of residents in each U.S. state supported the Paris Agreement on climate change, which was originally signed in April 2016.

“Majorities of Democrats (86%) and Independents (61%), and half of Republicans (51%) say the U.S. should participate (including 73% of moderate/liberal Republicans),” the Yale Program said. “Only conservative Republicans are split, with marginally more saying the U.S. should participate (40%) than saying we should not participate (34%).”

Even Trump’s base was skewed toward participating in the deal. The study found that 47 percent of Trump’s voters thought it was a good idea, while 25 percent weren’t sure and 28 percent opposed it.

“In order to fulfill my solemn duty to protect America and its citizens, the United States will withdraw from the Paris climate accord, but begin negotiations to re-enter either the Paris accord or an entirely new transaction on terms that are fair to the United States, its businesses, its workers, its people, its taxpayers,” Trump said on Thursday.

The withdrawal may not actually take effect until 2020.

Watch: Javers on withdrawal timeline


Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: todd haselton
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Trump cites nonexistent ‘tax bill’ that is ‘moving along in Congress’

President Donald Trump on Thursday praised a Republican tax-reform bill that “is moving along in Congress,” though Congress is not yet considering a tax plan. “Our tax bill is moving along in Congress, and I believe it’s doing very well. Republicans — who control the House and the Senate — have said they will pass a tax reform plan this year. However, no joint tax reform plan exists yet, and the White House so far has presented only a single-page summary of its proposal. Republican leaders have


President Donald Trump on Thursday praised a Republican tax-reform bill that “is moving along in Congress,” though Congress is not yet considering a tax plan. “Our tax bill is moving along in Congress, and I believe it’s doing very well. Republicans — who control the House and the Senate — have said they will pass a tax reform plan this year. However, no joint tax reform plan exists yet, and the White House so far has presented only a single-page summary of its proposal. Republican leaders have
Trump cites nonexistent ‘tax bill’ that is ‘moving along in Congress’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: jacob pramuk, saul loeb, afp, getty images
Keywords: news, games, cnbc, companies, president, reform, cites, congress, senate, house, trump, bill, moving, plan, white, pass, nonexistent, tax


Trump cites nonexistent 'tax bill' that is 'moving along in Congress'

President Donald Trump on Thursday praised a Republican tax-reform bill that “is moving along in Congress,” though Congress is not yet considering a tax plan.

“Our tax bill is moving along in Congress, and I believe it’s doing very well. I think a lot of people will be very pleasantly surprised,” the president said as he announced his plan to take the United States out of the Paris climate agreement.

Republicans — who control the House and the Senate — have said they will pass a tax reform plan this year. However, no joint tax reform plan exists yet, and the White House so far has presented only a single-page summary of its proposal.

Republican leaders have said they want to pass an Obamacare replacement plan before they move on to tax reform. While the House passed a health-care bill, Republicans in the Senate appear intent on ripping it up and starting over with their own plan before they vote to send it back to the House.

Trump administration officials, lawmakers and special interests are trying to hash out a bill that can be introduced in Congress eventually.

The White House did not immediately respond to a request to comment.


Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: jacob pramuk, saul loeb, afp, getty images
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World’s biggest ever airplane unveiled by Microsoft co-founder

Stratolaunch rolls out of the hangar for fueling tests 21 Hours Ago | 01:14Billionaire and co-founder of Microsoft, Paul Allen, has just unveiled the world’s biggest plane, possessing a wing span longer than an entire football field. The giant plane is designed to launch rockets into orbit from an altitude of around 30,000 feet. It has a wingspan of 385 feet (117 m), a length of 238 feet (72 m) and a tail height of 50 feet (15 m). According to Stratolaunch Systems Corporation, the plane uses six


Stratolaunch rolls out of the hangar for fueling tests 21 Hours Ago | 01:14Billionaire and co-founder of Microsoft, Paul Allen, has just unveiled the world’s biggest plane, possessing a wing span longer than an entire football field. The giant plane is designed to launch rockets into orbit from an altitude of around 30,000 feet. It has a wingspan of 385 feet (117 m), a length of 238 feet (72 m) and a tail height of 50 feet (15 m). According to Stratolaunch Systems Corporation, the plane uses six
World’s biggest ever airplane unveiled by Microsoft co-founder Cached Page below :
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World’s biggest ever airplane unveiled by Microsoft co-founder

Stratolaunch rolls out of the hangar for fueling tests 21 Hours Ago | 01:14

Billionaire and co-founder of Microsoft, Paul Allen, has just unveiled the world’s biggest plane, possessing a wing span longer than an entire football field.

The Stratolaunch carrier plane rolled out of its hangar and in to public view at the Mojave Air and Space Port in California on Wednesday to undergo fueling tests.

The giant plane is designed to launch rockets into orbit from an altitude of around 30,000 feet. It has a wingspan of 385 feet (117 m), a length of 238 feet (72 m) and a tail height of 50 feet (15 m).

According to Stratolaunch Systems Corporation, the plane uses six Boeing 747 engines built by Pratt & Whitney and has a maximum payload capacity of approximately 550,000 lbs.

Jean Floyd, Chief Executive Officer of Stratolaunch Systems, wrote in a statement Wednesday that the fuel testing “marks a historic step in our work to achieve Paul G. Allen’s vision of normalizing access to low Earth orbit.”


Company: cnbc, Activity: cnbc, Date: 2017-06-01  Authors: david reid, credit, stratolaunch systems corp
Keywords: news, games, cnbc, companies, orbit, wrote, worlds, hangar, feet, fueling, cofounder, paul, biggest, unveiled, stratolaunch, plane, microsoft, systems, airplane


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