Child migrants to be held in detention longer under new Trump administration rule

WASHINGTON (Reuters) – The Trump administration on Wednesday unveiled new rules that would allow officials to detain migrant families indefinitely while judges consider whether to grant them asylum in the United States. The rules, which are certain to draw a legal challenge, would replace a 1997 legal agreement that limits the amount of time U.S. immigration authorities can detain migrant […]

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John Koufos: I am a former prisoner. Here's why second chance hiring is so important

Kim Kardashian West speaks on second chance hiring ‘Keeping Up with the Kardashians’ star Kim Kardashian West makes remarks on second chance hiring. This month, the Trump administration served as a catalyst for perhaps the largest criminal justice public-private-partnership ever assembled, jobs for formerly incarcerated people as they reenter society. As a former prisoner myself, this initiative is personal to […]

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U.S. video streaming app YouNow files cryptocurrency offering with SEC

NEW YORK (Reuters) – U.S. live video streaming company YouNow on Wednesday filed with the Securities and Exchange Commission a public offering circular to distribute its own digital currency called Props. The company said it does not intend to raise funds or sell the tokens at the public offering. It comes after Facebook Inc announced on Tuesday plans to launch […]

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House votes to protect 'Dreamer' immigrants amid White House opposition

WASHINGTON (Reuters) – The U.S. House of Representatives on Tuesday passed legislation to end the threat of deportation that has long hung over undocumented immigrants known as “Dreamers” who entered the United States when they were children. By a vote of 237-187, the Democratic-controlled House approved the legislation despite opposition from the White House, which said the move would “reward […]

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Dems fume as Trump moves to amend DC's July 4 celebration, possibly address the nation

Fox News Flash top headlines for May 10 Fox News Flash top headlines for May 10 are here. Check out what’s clicking on Foxnews.com President Trump has apparently taken charge of this year’s Fourth of July celebration in Washington, D.C., and will possibly give a personal address, angering some Democrats who fear the president will politicize the holiday. City officials in […]

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Xilinx Acts as a Lodestone, Pulling Most Semiconductor Leaders Lower

Xilinx Inc. (NASDAQ: XLNX) had been helping the semiconductor’s charge in 2019, with its year-to-date gain of 64.5%, and up over 1,105% from a year ago, ahead of its first-quarter earnings report. Unfortunately, the post-earnings reaction was dismal and Xilinx was set to have its worst trading day going all the way back to 2005. The designer of programmable logic […]

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Brazil's Itaú sees card processor unit profitable after no-charge move

SAO PAULO (Reuters) – Brazil’s biggest private sector lender Itaú Unibanco Holding SA said its card processor unit Rede will continue to be profitable despite a decision to stop charging interest rates and repaying merchants using its machines in two days, a bank executive said on Thursday evening. Rede CEO Marcos Magalhães told Reuters Itaú decided to advance payments to […]

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Brazil's Itaú sees card processor unit profitable after no-charge move

SAO PAULO (Reuters) – Brazil’s biggest private sector lender Itaú Unibanco Holding SA said its card processor unit Rede will continue to be profitable despite a decision to stop charging interest rates and repaying merchants using its machines in two days, a bank executive said on Thursday evening. Rede CEO Marcos Magalhães told Reuters Itaú decided to advance payments to […]

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Stock Market News: Johnson & Johnson Reports; AT&T Parts Ways With Hulu

U.S. stocks climbed on Tuesday morning following a bevy of better-than-expected earnings reports. As of 10:40 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 35 points to 26,420, the S&P 500 (SNPINDEX: ^GSPC) gained 6 points to 2,911, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) jumped 32 points to 7,661. As for individual stocks, shares of Johnson & […]

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