Republicans move to undo Dodd-Frank financial overhaul
The House committee opens a push to roll back the 2010 law with a replacement package aimed at easing bank rules and curbing consumer protections. Democrats warn the plan risks another crisis and tax payer bailouts, calling for strong capital requirements and sustained oversight.
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Washington
House
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GOP
Financial Services Committee
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U.S
Jeb Hensarling
Hensarling
Main Street
Maxine Waters
D-Calif
Consumer Protection Agency
Congress
Consumer Financial Protection Bureau
U.S. auto sales fall as market cools in April
U.S. auto sales slipped 4.7 percent in April signaling an end to seven years of growth. Major automakers including General Motors Ford Toyota Fiat Chrysler Nissan and Honda posted declines while Hyundai and Volkswagen reported gains. Analysts expect 2017 to show a first annual drop since 2009 with full year sales between 16.8 and 17.3 million.
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Detroit
U.S
George Mokrzan
Huntington Bank
Columbus
General Motors
Ford
Toyota
Fiat Chrysler
Nissan
Honda
Hyundai
Volkswagen
Kelley
Jessica Caldwell
Edmunds.com
Mokrzan
Autodata Corp
Mark LaNeve
Jeep
Hollywood writers avert strike with tentative three year deal
The Writers Guild of America and producers reached a tentative three year agreement to end the potential strike. The pact, needing ratification, increases health plan solvency, boosts pay for shorter series seasons, and improves residuals. The deal amounts to about 130 million dollars in additional earnings over the contract term.
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Los Angeles
Writers Guild of America
Guild
Producers
Jarryd Gonzales
Pay for news grows as public willing to subscribe
The Media Insight Project found a majority of American adults regularly pay for news through subscriptions apps or public media. Younger adults show growing willingness to support journalism, while nonpaying youths report low interest in sale content. Tom Rosenstiel notes a shift in attitudes toward funding news.
MENTIONED IN THIS ARTICLE
New York
Media Insight Project
American Press Institute
Associated Press-Norc Center For Public Affairs Research
Tom Rosenstiel
The
Stocks Waver as Auto Sales Dip Trade Worries
U S stocks paused with auto makers like Ford GM and Fiat Chrysler reporting April sales declines. Cummins lifted industrial shares while oil slid to a six month low. Major indexes edged higher in late trading with the S P 500 up 0.1 percent, Dow up 0.2 percent and Nasdaq at a fresh record.
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New York
U.S
Cummins
Ford
General Motors
Fiat Chrysler
Chris Zaccarelli
Cornerstone Financial Partners
Standard & Poor
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Doe
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