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1 Article
Source: Global News

Ontario PCs will table bill to strip returning extremist fighters of license, benefits

Today 02:24 GMT

Ontario’s Progressive Conservative government will table a bill next week that strips returning terrorists of their driver’s licenses and benefits, Premier Doug Ford and MP Dave Smith confirmed on Twitter. “If you leave Canada to go fight for ISIS, you should not be welcomed back with open arms. Since Justin Trudeau doesn’t seem to take this seriously, MPP @DaveSmithPtbo is taking action to send a message that there are consequences for leaving Ontario to commit indefensible crimes,” Ford tweeted Friday night.

1 Article
Source: The Guradian

Website offering abortion drugs by mail benefits hundreds of women in US

Saturday 15:25 GMT

About 600 women in the US have obtained abortion pills through Aid Access, a website that launched quietly six months ago, aiming to help women who cannot easily access abortion.

The founder of both sites, Dutch doctor Rebecca Gomperts, said Aid Access was created in response to an increase in American women requesting help from a similar European website, Women on Web, in the past year. “I decided that as a doctor I have a moral obligation to help women that are in need of a very safe medical procedure,” Gomperts told the Guardian.

1 Article
Source: The Week

Why green space is good for kids' brains

Saturday 15:26 GMT

This story originally appeared as More evidence that green space helps develop young brains on Pacific Standard, an editorial partner site.

It finds the positive cognitive impact of green space, while small, was similar for kids "in deprived and non-deprived neighborhoods." In other words, even poorer kids, who might not have the sort of brain-building resources available to wealthier ones, appear to benefit from exposure to the natural world.

1 Article
Source: CBS News

Time to get started on year-end tax planning under GOP tax cuts

Saturday 12:40 GMT

With the new tax law in effect, the year-end moves many taxpayers made in prior years won't help on their 2018 tax return.

The most widely used year-end tax planning strategy is to prepay state income and property taxes before Dec. 31 -- but it  will benefit fewer people in 2018. This credit is nonrefundable, and it phases out under the same income limits as for the child tax credit.

1 Article
Source: CTV

Federal deficit increased to $19B in last fiscal year

Saturday 15:25 GMT

The deficit came in slightly lower than the $19.9 billion projected in the federal budget released in February, and was virtually the same as the $19-billion deficit in the previous 2016-17 fiscal year.

The government prefers to measure its fiscal health by expressing debt as a percentage of GDP — 32 per cent, for 2017-18, the best among the G7 industrialized nations.

1 Article
Source: Common Domain

Never mind the Social Security increase, seniors are in trouble — here’s why

Friday 08:06 GMT

Here’s what the Social Security Administration says:. If you begin taking Social Security at age 62, you’ll get 70% of the monthly benefit—because you retired five years before your full retirement age.

Since more people retire at 62 than any other age (because that’s the earliest they can tap into Social Security), let’s use that as a benchmark. If you’re an average, single middle income earner and retire at that age now, you’ll get $17,532 from Social Security next year.

1 Article
Source: Common Domain

DowDuPont to Record $4.6 Billion Charge as Agriculture Unit Suffers

Friday 20:01 GMT

DowDuPont Inc.’s DWDP -1.66% agriculture unit is taking a $4.6 billion charge in the third quarter after the business lowered its long-term expectations on sales and profits, a move that underscores challenges agribusinesses are facing in the Americas.

DowDuPont said in securities filings Thursday that it recalculated the fair value of goodwill and other intangible assets on the books of the merged Dow and DuPont company, and determined that the values of assets in its agricultural unit had fallen.

1 Article
Source: Common Domain

IBM Shares Slide After Revenue Drop Renews Concerns

Thursday 16:23 GMT

A sharp drop in shares of International Business Machines Inc. accelerated into the close of trading Wednesday, a day after the company reported shrinking quarterly revenue that took some shine off its recent turnaround momentum.

Its 2.1% slide in revenue from a year ago served as a reminder of the company’s yearslong struggle to ditch its legacy image as a computer maker and refocus on fast-growing businesses such as cloud computing and services driven by artificial intelligence.

1 Article
Source: Common Domain

Blackstone Profit Jumps, Helped by Rising Markets

Friday 08:05 GMT

Blackstone Group BX 0.19% LP reported an increase in third-quarter profit Thursday as continuing market strength buoyed the value of its investments.

Blackstone said it would pay a 10-cent special dividend and repurchased 6 million of its shares during the third quarter as part of a previously announced buyback.

1 Article
Source: CBS News

Trump to exit global postal treaty in another shot at China

Thursday 16:23 GMT

The U.S. announced Wednesday that it's preparing to pull out of an international postal treaty that allows China to ship packages to America at discounted rates.

Making it cheaper to ship packages from Beijing to New York than from San Francisco to the U.S. East coast, which particularly benefits Chinese manufacturers.

1 Article
Source: Common Domain

Today’s Logistics Report: Shipping Consolidation Losses; Rising Labor Costs; CSX Precision Profits

Thursday 11:46 GMT

The shipping line has been hamstrung by tough shipping market conditions that have undercut a rebound in container shipping.

J.B. Hunt’s operations reach across several business lines, so the higher labor costs suggest recruiting throughout the industrial shipping world has gotten more aggressive. Companies are betting demand will remain steady, although recent indicators show the growth pace is cooling off.

1 Article
Source: Common Domain

American Express Raises Forecast, as Card Business, Merchant Count Grows

Saturday 04:14 GMT

The financial-services company, which is on track to post a record year in terms of profit and revenue, on Thursday raised its annual forecast, thanks to growth in its card business, merchant network and lending.

Discount revenue, which reflects the fees charged to merchants for accepting its cards, remained the company’s largest revenue source at $6.18 billion, up 8% from a year earlier. AmEx used to charge some of the highest so-called swipe fees, but it has been lowering those costs as part of its effort to get more merchants to accept its cards.

1 Article
Source: BBC

Animal print dresses help Asos profits roar

Thursday 12:41 GMT

"We believe that Asos remains a structural winner, given the shift online by consumers, together with harnessing the global opportunity as the 'go-to' platform for online clothing," he said.

The online fashion retailer sold 1.3 million animal print garments across both menswear and womenswear, offering 2,000 options on its website. The firm reported revenue of £2.4bn for the year to 31 August, with profits jumping 28% to a better than expected £102m.


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