Obama Unveils U.s. Immigration Reform, Setting Up Fight With Republicans – Yahoo News

“Amnesty is the immigration system we have today, millions of people who live here without paying their taxes or playing by the rules,” he said. Republicans pounced quickly, charging Obama had overstepped his constitutional powers a year after declaring he did not have the authority to act on his own. View gallery U.S. President Barack Obama announces executive actions on U.S. immigration policy during a national In a video released before Obama’s televised speech, House of Representatives Speaker John Boehner said: The president has said before that hes not king and hes not an emperor, but he sure is acting like one.” With 11 million undocumented immigrants in the United States, Obama’s plan would let some 4.4 million who are parents of U.S. citizens and legal permanent residents remain in the country temporarily, without the threat of deportation.
Source: http://news.yahoo.com/obama-says-immigration-plan-lawful-005111184.html

Obama vows ‘more fair and just’ US immigration – Yahoo News

People living and working illegally in the country and who meet the criteria can apply for deferred deportation from next spring, the White House said. – Mass deportation ‘impossible’ – For much of this year Republicans have warned that unilateral action on immigration would be an illegal and unconstitutional http://www.obamastudentloanforgiveness.net/ amnesty of millions of undocumented people. But Obama shot back, saying he was taking needed action while congressional Republicans dithered. “Mass amnesty would be unfair. Mass deportation would be both impossible and contrary to our character,” Obama said.
Source: http://news.yahoo.com/obama-us-immigration-more-fair-just-011840461.html

Obama to transform immigration policy, spare 5 million from deportation – Yahoo News

View photo U.S. President Barack Obama pauses during a ceremony honoring the National Medal of Technology and Innovation WASHINGTON (Reuters) – President Barack Obama is slated to announce on Thursday that he will offer relief from the threat of deportation to about 4.4 million undocumented people who are parents of U.S. citizens and green card holders, according to a source briefed by the administration. Obama also will announce an expansion of a program that allows children illegally brought to the United States by their parents to stay in the country – a move that could offer relief to an additional 270,000 people, the source said. For the business community, Obama will expand a program that gives temporary visas to foreign students who graduate from specialty and high tech programs at U.S.
Source: http://news.yahoo.com/obama-offer-immigration-relief-4-7-million-source-201057224.html

Obama Plugs Science, Math Education at Ceremony – ABC News

An excerpt of Obama’s remarks, released in advance by the White House: “That’s the real amnesty – leaving this broken system the way it is. Mass amnesty would be unfair. Mass deportation would be both impossible and contrary to our character. What I’m describing is accountability – a commonsense, middle ground approach: If you meet the criteria, you can come out of the shadows and get right with the law. If you’re a criminal, you’ll be deported. If you plan to enter the U.S.
Source: http://abcnews.go.com/Politics/wireStory/obama-calls-immigration-plan-commonsense-lawful-27066650

Obama to offer immigration relief to about 4.7 million: source – Yahoo News

The awards are the highest honor bestowed by the United States Government upon scientists, engineers, and inventors. (AP Photo/Pablo Martinez Monsivais) Close The Associated Press President Barack Obama said Thursday that 19 scientists, researchers and innovators who received the country’s highest honor for their life-changing work embody the spirit of the nation and its “sense that we push against limits and that we’re not afraid to ask questions.” “When that spirit, that sense of possibility, is truly unleashed, then you get the remarkable men and women that you see here today,” Obama said at a White House ceremony recognizing the newest recipients of the National Medal of Science and the National Medal of Technology and Innovation. The recipients include researchers working on everything from DNA replication to personalized medicine. Another honoree invented the tiny data storage device known as a thumb drive. Obama used the event to plug math and science education, particularly for minority students. He announced that groups that have been trying to further his goal of getting 100,000 more math, science, engineering and technology teachers in schools are putting an additional $28 million toward the effort.
Source: http://abcnews.go.com/Technology/wireStory/obama-plugs-science-math-education-ceremony-27057412

Obama Calls Immigration Plan Commonsense, Lawful – ABC News

Bush to protect some categories of people from deportation. And they said the changes to deportation policy amounted to pretty routine prosecutorial discretion. That argument, in essence, holds that law enforcement agencies never have enough resources and are therefore always making decisions about whom to prosecute. Asked whether Republicans could stall or roll back Obamas new initiatives, the aides all but brushed aside the possibility. They said the GOP would be unlikely to withhold money from the Department of Homeland Security, essentially making all enforcement difficult. They noted that a government shutdown would not halt the issuance of work permits, because the agency is funded by application fees.
Source: http://news.yahoo.com/obama-to-transform-immigration-policy–spare-5-million-from-deportation-202318836.html

Obama, Gop Can Now Partner On One Project: Trade Pacts – Yahoo News

He says that with a deadline looming, the next three to four weeks will be key. Obama credits sanctions against Iran for prompting Iranian leaders to negotiate seriously. He describes the talks as constructive. But he says some members of the Iranian political elite still have strong anti-American views. Obama’s remarks during a post-election news conference Wednesday came days before Secretary of State John Kerry is to meet with top diplomats to Iran and the European Union to discuss how to break the years-long deadlock before a Nov.
Source: http://news.yahoo.com/obama-nuclear-deal-iran-open-205504423.html

Republicans seize Senate updated 10:43 AM EST, Wed November 5, 2014 A Republican tide ripped the Senate away from Democrats, giving the GOP full control of Congress and the power to pin down President Obama. updated 9:47 PM EST, Tue November 4, 2014 The House of Representatives remained solidly in Republican hands after Tuesday’s midterm election. Mitch McConnell re-elected updated 7:22 AM EST, Wed November 5, 2014 Republican Sen. Mitch McConnell has won re-election in Kentucky, staving off Democratic challenger Alison Lundergan Grimes, according to a CNN projection. Cruz refuses to endorse McConnell updated 2:06 AM EST, Wed November 5, 2014 Sen.
Source: http://www.cnn.com/2014/11/05/politics/obama-calls-mcconnell-leaves-message/index.html

Obama: ‘I hear you’ – CNN.com

In the same bipartisan spirit, President Clinton and a Republican Congress agreed in 1994 to pass a pact that set up the World Trade Organization. The United States has a long history of nonpartisan cooperation on free trade, not just for its economic benefit but also the democratic values it helps spread. It is time to revive it again. Currently, Obama is negotiating two proposed trade pacts. One, called the Trans-Pacific Partnership Agreement, would expand trade with 12 countries, mainly in Asia, that encompass 40 percent of the global economy.
Source: http://news.yahoo.com/obama-gop-now-partner-one-project-trade-pacts-212710072–politics.html

During a roughly 90-minute press conference Wednesday, Obama gave no sign that he’d accept major revisions to his signature health care law, change his mind on bypassing Congress on immigration or consent to Republican demands on energy and the environment. Indeed, the President didn’t do much to suggest that his White House would work differently after Republicans won at least 52 seats in the Senate and their biggest majority in the House since World War II. Graham: Obama a ‘distant figure’ in D.C. What’s next free for Sen. Mitch McConnell?
Source: http://edition.cnn.com/2014/11/05/politics/elections-wednesday/index.html?eref=edition

South Africa Stocks At Record High, But Valuations A Concern – Yahoo News

Stocks End Higher After Data, Earnings, Fed – Yahoo Finance

Done South Africa stocks at record high, but valuations a concern 5 hours ago . View photo An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton JOHANNESBURG (Reuters) – South African stocks hit record highs on Wednesday, with index heavyweights such as FirstRand gaining after investor confidence was bolstered by expectations the United States will continue with its massive stimulus programme. But the advances were limited by concerns equities are overpriced after a series of record finishes this year. Investors were also looking ahead to South Africa’s central bank policy decision on Thursday. U.S.
Source: http://news.yahoo.com/south-africa-stocks-record-high-valuations-concern-162623347.html

Stocks May Open Higher Amid Various Positive Catalysts – U.S. Commentary – NASDAQ.com

The euro was down 0.3 percent at $1.3536 while the dollar was flat against the Japanese yen at 101.65 yen. One of the biggest movers in currencies was the New Zealand dollar, which dropped 0.6 percent to a low of $0.8718 after benign inflation data that could reduce pressure on the central bank to tighten policy. In commodity news, U.S. crude futures rose 1.3 percent to $101.21 after the China data, while Brent crude climbed above $106 a barrel.
Source: http://news.yahoo.com/asia-stocks-brace-china-test-oil-slide-003521082–business.html

Stocks around the world rally on China growth data – Yahoo News

FOX shares lost 4.6%, and FOXA shares fell 6.2%. Tuesday after the market close, Apple (AAPL) and International Business Machines (IBM) announced an exclusive partnership to further promote and deliver iOS to the enterprise customer. The partnership plans to bring IBM’s Big Data and analytics to iOS, develop over 100 industry-specific enterprise apps and solutions built solely for iOS devices, and allows Apple to leverage IBM’s salesforce and enterprise customer relationships into additional iPhone and iPad device sales to corporations. For Apple, Morningstar analyst think the partnership can only strengthen Apple’s narrow economic moat. Apple shares pared gains and fell 0.6%, but IBM shares rose 2.1%.
Source: http://finance.yahoo.com/news/stocks-end-higher-data-earnings-202000059.html

Excluding food and energy prices, core producer prices edged up by 0.2 percent in June after dipping by 0.1 percent in the previous month. The modest rebound matched economist estimates. Trading could also be impacted by the release of separate reports on industrial best cheap stocks of 3013 production and homebuilder sentiment. Additionally, traders are also likely to keep an eye on Federal Reserve Chair Janet Yellen’s second day of testimony on Capitol Hill. With traders focused on Yellen’s testimony before the Senate Banking Committee, stocks fluctuated over the course of the trading day on Tuesday.
Source: http://www.nasdaq.com/article/stocks-may-open-higher-amid-various-positive-catalysts–us-commentary-20140716-00472

Sun Rising Or Setting On The Solar Etf? – Yahoo Finance

[China Props Up Solar ETFs] On the other hand, some traders are making downside bets on TAN. During the past 10-days at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the ETF has racked up a put/call volume ratio of 23.31 with more than 23 puts bought to open for every call, writes Alex Eppstein for Schaeffers Investment Research . Schaeffers that is the largest put/call discrepancy seen in TAN in a year. That does not necessarily all of that put-buying is off a bearish nature. Some traders that are long TAN or its high-flying yet volatile holdings, such as First Solar ( FSLR ) and Elon Musks SolarCity ( SCTY ), could be purchasing those puts as downside protection.
Source: http://finance.yahoo.com/news/sun-rising-setting-solar-etf-150026316.html

PIMCO Plans to Launch Three New ETFs; Will Close Four Others – Yahoo Finance

No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO and YOUR GLOBAL INVESTMENT AUTHORITY are trademarks or registered trademarks of Allianz Asset Management of America L.P. and Pacific Investment Management Company LLC, respectively, in the United States and throughout the world. 2014, PIMCO. PIMCO Investments LLC, distributor, 1633 Broadway, New York, NY, 10019 is a company of PIMCO.
Source: http://finance.yahoo.com/news/pimco-plans-launch-three-etfs-212027900.html

An Active Guru ETF with a Dividend Focus – Yahoo Finance

Combined, SCHW and LNC make up approximately 1.6% of the underlying holdings of XLF. The next worst performing sector is the Industrial sector, showing a 0.7% loss. Among large Industrial stocks, Robert Half International ( NYSE: RHI ) and Jacobs Engineering Jacobs Engineering Group ( NYSE: JEC ) are the most notable, showing a loss of 1.9% and 1.9%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is down 0.6% in midday trading, and up 1.71% on a year-to-date basis. Robert Half International, meanwhile, is up 17.05% year-to-date, and Jacobs Engineering Group, is down 18.77% year-to-date.
Source: http://www.forbes.com/sites/joelkornblau/2014/08/15/friday-sector-laggards-financial-industrial/

Friday Sector Laggards: Financial, Industrial – Forbes

FTSM in Focus The actively managed product seeks to provide current income, with a focus on capital preservation. For this purpose, the fund invests in U.S. dollar denominated short term investment grade securities. As such, the fund has a weighted average maturity of 0.77 years and an average duration of 0.27 years, indicating negligible interest rate risk.
Source: http://finance.yahoo.com/news/first-trust-launches-short-duration-234315879.html

First Trust Launches New Short Duration Bond ETF – Yahoo Finance

The Energy Select Sector SPDR ( XLE ) was despite an almost 1% drop. XLEs leadership among the weeks most searched ETFs is not surprising. After all, no sector ETF has added more new assets this year than XLE, the largest energy ETF. Energy ETFs have added about $6.8 billion in new assets this year. [ Energy ETFs Raking in Cash ] Sticking with the energy theme, two master limited partnership (MLP) ETFs make appearances on this weeks most searched list. The Global X MLP & Energy Infrastructure ETF ( MLPX ) and the actively managed First Trust North American Energy Infrastructure Fund ( EMLP ) gained 1.8% and 2.6%, respectively, this week.
Source: http://finance.yahoo.com/news/most-searched-etfs-scintillating-sectors-120017935.html

Most Searched ETFs: Scintillating Sectors – Yahoo Finance

Compared to other large index-based dividend ETFs, DIVI has a global reach, including exposure to U.S., developed international and emerging market equities, and states that global diversification is part of its mandate. Additionally, compared to other broad dividend ETFs, DIVI also includes real estate investment trusts, mortgage REITs, master limited partnerships, closed-end funds and business development companies, which are all known for their attractive yields. Lastly, DIVI employs a type of guru-following strategy where the manager selects high conviction stocks of active mutual fund managers, and then screens for attractive dividend payers. [ A Gorgeous Guru ETF ] However, potential investors should be aware that the fund is new and only has about $2.4 million in assets under management. So, traders visit our website should use limit orders to help better execute positions.
Source: http://finance.yahoo.com/news/active-guru-etf-dividend-focus-133008588.html

Obama: U.s. Won’t Stop Confronting Islamic State | Detroit Free Press | Freep.com

won’t stop confronting Islamic State 5:54 PM, August 20, 2014 | Email this article Obama: U.S. won’t stop confronting Islamic State President Obama said he spoke to the parents of beheaded freelance journalist James Foley Wednesday, and promised that ‘justice will be done’ to the Islamic State militants who beheaded him. A link to this page will be included in your message. Nightlife
Source: http://www.freep.com/article/20140820/NEWS07/308200164

Obama to visit NC on Tuesday :: WRAL.com

President Barack Obama will visit Charlotte on Tuesday to speak at the American Legions 96th National Convention, the White House confirmed Friday. Obama last visited the Triangle on Jan. 15, when he spoke to more than 9,000 at North Carolina for the announcement of a major economic initiative. More details about his Tuesday visit will be released as the event draws closer.
Source: http://www.wral.com/obama-to-visit-nc-on-tuesday/13916765/

Obama ‘appalled’ by journalist’s beheading, but what is the world willing to do about ISIL? | PBS NewsHour

McDonnell takes the stand: Former Virginia Gov. Bob McDonnell began his testimony Wednesday, offering a personal rebuttal to charges he and his wife used the governors office to help promote the dietary supplement company of a Richmond businessman in exchange for $177,000 in loans and gifts. The Washington Post reports McDonnell pushed back on the characterization that the decision to host an event at the governors mansion for Star Scientific, the company owned by Jonnie Williams, represented unique treatment. I would say things like meetings and mansion events . .
Source: http://www.pbs.org/newshour/updates/obama-appalled-journalists-beheading-world-willing-isil/

Obama offers new birth control fixes to religious nonprofits, some for-profits companies | Star Tribune

Effective immediately, the U.S. will start allowing faith-affiliated charities, colleges and hospitals to notify the government rather than their insurers that they object to birth control on religious grounds. A previous accommodation offered by the Obama administration allowed those nonprofits to opt out of paying for birth control by submitting a document called Form 700 to their insurers, but Roman Catholic bishops and other religious plaintiffs argued just submitting that form was like signing a permission slip to engage in evil. In a related move, the administration announced plans to allow for-profit corporations like Hobby Lobby Inc. to start using Form 700.
Source: http://www.startribune.com/politics/272322051.html

Obama faces options in Iraq and Syria | The Detroit News

The dispute has sparked dozens of legal challenges, Obama student loan forgiveness act 2012 fueling an election-year debate about whether religious liberty should trump a woman’s access to health care options. “What these rules do is help ensure that women have access to contraceptive coverage” while respecting religious beliefs, said White House spokesman Eric Schultz. View gallery FILE – This June 30, 2014, file photo shows a demonstrator holding up a sign outside the Supreme Cou Yet the latest proposals will likely run up against the same objections, because they still enable employees to receive contraception through their health plans one of a range of preventive services required under President Barack Obama’s health care law. “We will be studying the new rule with our clients, but if today’s announcement is just a different way for the government to hijack the health plans of religious ministries, it is unlikely to end the litigation,” said Mark Rienzi, senior counsel at the Becket Fund for Religious Liberty. The fund has represented both Hobby Lobby and Wheaton College, an evangelical school whose case also made its way to the Supreme Court.
Source: http://news.yahoo.com/obama-offers-accommodations-birth-control-172442035–finance.html

New Obama birth control fixes for religious groups – Yahoo News

On Friday the Pentagon announced that U.S. warplanes made three more airstrikes against Islamic State targets near the Mosul Dam, including a machine gun position that was firing on Iraqi forces. But what if the militants pull back, even partially, into Syria and regroup, as Defense Secretary Chuck Hagel on Thursday predicted they would, followed by a renewed offensive? In a sense, youre just sort of back to where you were before they swept into Iraq, said Robert Ford, a former U.S. ambassador to Syria who quit in February in disillusionment over Obamas unwillingness to arm moderate Syrian rebels. I dont see how you can contain the Islamic State over the medium term if you dont address their base of operations in Syria, he said in an interview before an intensified round of U.S.
Source: http://www.detroitnews.com/article/20140822/NATION/308220049/1020/rss09

Stocks End Higher After Ukraine Concerns Ease | New Hampshire Business

Russian President Vladimir Putin said Russia would stand up for itself but not at the cost of confrontation with the outside world, striking a softer tone after tough rhetoric aimed at Ukraine for several months. The market had been pressured in recent weeks by uncertainty over the conflict. Earnings season continued to wind down, with 92 percent of S&P 500 companies having reported quarterly earnings by Thursday morning. Of the companies that have reported results so far, 67.7 percent beat analysts expectations.
Source: http://www.unionleader.com/article/20140814/NEWS02/140819355&source=RSS

Stocks Hit An Air Pocket, Wheat Surges After Ukraine Headlines – Yahoo Finance

The dollar was up at 102.54 yen and sterling, which fell earlier this week after the Bank of England made it clear it was in no hurry to raise interest rates, held steady at $1.6684, having hit a four-month low of $1.6657 on Thursday. Earlier, Asian equities made modest gains. MSCI’s main index of Asia-Pacific shares outside Japan added 0.3 percent. Tokyo’s Nikkei index ended flat but with a 3.7 percent gain for the week, its biggest since mid-April. U.S.
Source: http://finance.yahoo.com/news/stocks-bonds-set-weekly-gain-090601801.html

WALL STREET: Stocks close slightly higher following some strong corporate earnings | abc7news.com

REUTERS/Maxim Shemetov Smoke from a burning grass rises over a Russian convoy of trucks carrying humanitarian aid for Ukraine is parked at a camp near Kamensk-Shakhtinsky, Rostov Region, August 15, 2014. Markets have turned red after negative headlines out of Ukraine. Headlines from Bloomberg, citing a Ukrainian military spokesperson, said that Ukraine troops “destroy” part of an armed convoy from Russia. The Dow is now down 70 points, the S&P 500 is down 6 points, and the Nasdaq is down 5 points.
Source: http://finance.yahoo.com/news/stocks-drop-ukraine-headlines-144935884.html

Stocks, bonds set for weekly gain on loose policy – Yahoo Finance

The Nasdaq composite climbed 18 points, or 0.4 percent, to 4,453. Retailer Kohl’s rose 3 percent after reporting income that beat analysts’ expectations. The Class A shares of Warren Buffett’s Berkshire Hathaway traded above $200,000 for the first time. Cisco fell 3 percent after the network equipment to learn more maker reported lower sales and profits.
Source: http://abc7news.com/business/stocks-close-higher-on-corporate-earnings/152263/

Stocks Are Surging, Dow Up 105 – Yahoo Finance

The market rally comes despite a run of some less-than-stellar economic data from the U.S. and around the world. Overnight, Japan reported second quarter GDP that fell 6.8% on an annualized basis. The drop was expected, as Japan enacted a new consumption tax in April, but is still a severe decline for the world’s third-largest economy, which grew 6.1% annualized in the first quarter. In the U.S., home mortgage applications fell 2.7% for the week ending August 8, according to the latest report from the Mortgage Bankers Association. Retail sales in the U.S.
Source: http://finance.yahoo.com/news/stocks-surging-dow-105-153552371.html

Stocks, Bonds Set For Weekly Gain On Loose Policy – Yahoo Finance

GLOBAL MARKETS-Stocks, bonds set for weekly gain as looser policy eyed – Yahoo Finance

U.S. stocks rose on Thursday, with the S&P 500 index ending 0.43 percent higher. Traders said http://www.todayhotstocks.com Putin’s remarks that Russia would stand up for itself but not at the cost of confrontation with the outside world, had eased pressure on the market. U.S. Treasury yields remained close to recent lows.
Source: http://finance.yahoo.com/news/stocks-bonds-set-weekly-gain-090601801.html

Among individual stocks, shares of Monster Beverage (MNST) have moved sharply higher after the energy drink maker announced a long-term strategic partnership with beverage giant Coca-Cola (KO). As part of the agreement, Coca-Cola will acquire a nearly 17 percent stake in Monster. Scientific instruments maker Agilent (A) is also turning in a strong performance after reporting third quarter results that exceeded analyst estimates. On the other hand, shares of Nordstrom (JWN) have come under pressure after the luxury department store chain reported weaker than expected second quarter same-store sales growth. In overseas trading, stock markets across the Asia-Pacific region moved mostly higher during trading on Friday.
Source: http://www.rttnews.com/story.aspx?Id=2371311

Stocks End Higher After Earnings, Data – Yahoo Finance

Global stock markets overcame a contraction in Japan’s economy and jitters about Ukraine and Iraq to mostly rise Wednesday, but analysts said new geopolitical developments would likely make for volatile trading. (AP Photo/Mark Lennihan, File) LONDON (AP) European stock markets brushed aside soft economic data to trade modestly higher Thursday as this week’s largely positive investor sentiment persisted. KEEPING SCORE: France’s CAC 40 was up 0.4 percent at 4,212 while Germany’s DAX rose the same rate to 9,230. Britain’s FTSE 100 edged up 0.5 percent to 6,670.
Source: http://news.yahoo.com/australian-stocks-lead-asia-healthy-053359438.html

Markets brush off soft European economic data – Yahoo News

As long as people believe what he is saying they will support the market.” On Friday, the pan-European FTSEurofirst 300 index rose 0.8 percent in early trade, rising for the fourth day in five, helped by the world’s biggest miner, BHP Billiton, saying it could spin off assets. The index is up 2.5 percent for the week, a performance not matched since the week ending Dec. 20. Asian shares rose, with MSCI’s main index of Asia-Pacific shares outside Japan up 0.2 percent. Tokyo’s Nikkei index ended flat but with a 3.7 percent gain for the week, its biggest since mid-April.
Source: http://finance.yahoo.com/news/global-markets-stocks-bonds-set-121350968.html

Stocks Moving Mostly Higher Following Mixed Batch Of Data – U.S. Commentary

Cisco (CSCO) posted solid fiscal 2014 fourth-quarter results despite strong headwinds in most emerging markets and continued weakness in the service provider segment. Total revenue declined less than 1% year over year and increased 7% versus the prior quarter, the strongest sequential growth rate since sales recovered coming out of the financial crisis. Cisco expects fiscal 2015 first-quarter revenue will be flat to up 1% year over year, implying a small sequential decline. Revenue came in a little below the mean of analyst expectations at $4.2 billion compared with $4.3 billion in the same period last year.
Source: http://finance.yahoo.com/news/stocks-end-higher-earnings-data-203000107.html