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Newspaper
The Gaston Gazette
Location
Gastonia, North Carolina, United States of America
Date
Jun 17, 2016
Page
6
Kroger Co shares fell 24 cents to 35.47 after first quarter profit beat expectations. Macy's Inc rose 41 cents to 32.35 amid news of a tentative union deal at its flagship New York City store avoiding a strike.
Washington reports 277000 initial claims for unemployment benefits for the latest week, up 13000 from prior. the four week average slips to 269250 as benefits recipients total 2.15 million, marking a prolonged below 300000 claim level and a year over year decline around four percent.
U.S. consumer prices increased 0.2 percent in May after a 0.4 percent rise in April as energy costs climbed for a third straight month and shelter costs posted the largest gain in over nine years. Core inflation also rose 0.2 percent.
U S homebuilders report greater optimism about sales this month with the NAHB Wells Fargo builder sentiment index rising to 60, up two points and the highest level since January.
New York profile of Peggy Albrecht and John Dearth showing how partisan media shapes distinct worlds. Albrecht, an L A freelance writer, follows MSNBC and liberal sites while Dearth, a Carmel Indiana retiree, screens Fox News and conservative portals. Both illustrate tribal news habits and erosion of shared facts.
The piece traces the launch and growth of Fox News as a conservative flagship and contrasts it with left-leaning shifts at MSNBC beginning with Keith Olbermann in 2006. It notes Fox’s 1996 debut, overtaking CNN by 2002, and MSNBC’s evolution with Maddow shaping a liberal daytime identity.
Volkswagen plans to roll out more than 30 electric models by 2025 and target 2 to 3 million EVs sold per year as part of a broad strategic review. CEO Matthias Mueller says battery tech and range improvements will drive adoption while expanding digital mobility and mobility services. The plan follows the diesel emissions scandal and aims to boost profitability, with Audi and Porsche delivering the strongest profits in Q1.
Newmont Mining edged up about 2 percent on Thursday while gold prices climbed to multi-year highs. The stock has more than doubled in 2016, marking the largest gain in the S&P 500 as metal prices boost revenue prospects and investor demand.
Dividend footnotes explain extra dividends are not included and pair changes in annual rate with the most recent dividend. Arrears, initial and declared dividends are noted, with some payments in stock and approximate cash value. A closed end fund may lack a price earnings ratio and recent losses are indicated.
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