Broad Majority of Americans Support Moving Trump to Jerusalem | The New Yorker


In a new poll conducted on Wednesday, a sweeping majority of Americans said they support moving Donald J. Trump to Jerusalem.

Though Americans were strongly enthusiastic about moving Trump to Jerusalem, in a rare consensus both Arabs and Israelis vehemently opposed the move.

Source: Broad Majority of Americans Support Moving Trump to Jerusalem | The New Yorker

House passes concealed carry gun bill | TheHill


Two months after the deadliest shooting in modern U.S. history, the House on Wednesday passed legislation that would allow people to use permits for carrying concealed handguns across state lines while also boosting the background check system.

Despite bipartisan support for enhancing background checks for gun purchases, the bill passed along party lines, 231-198, due to Democratic opposition to the concealed-carry reciprocity measure.

Source: House passes concealed carry gun bill | TheHill

House rejects Democrat’s resolution to impeach Trump | TheHill


The House on Wednesday rejected an effort to impeach President Trump in a vote that nonetheless pointed to growing support on the left for driving the president out of office.

In a 364-58 vote, lawmakers tabled an impeachment resolution from Rep. Al Green (D-Texas). Every Republican voted with a majority of Democrats to turn away the resolution, while four Democrats voted “present.”

Source: House rejects Democrat’s resolution to impeach Trump | TheHill

Companies prepare for disorderly Brexit as talks stall


The uncertainty is particularly painful for the manufacturing sector as low margins make it risky for them to restructure unless it is essential. They have been holding off on investment but are preparing for new certification that would allow them to sell in Europe if there is no deal.

“The delay is so great and the uncertainty is so great that companies have no choice but to start triggering their plans,” the head of one of Britain’s largest companies said.

Source: Companies prepare for disorderly Brexit as talks stall

Bitcoin to start futures trading, stoking Wild West worries


As a virtual currency, bitcoin can be used to move money around the world without the need for a central authority, such as a bank or government, which is a double-edged sword, said Steve Grob, director of group strategy at Fidessa.

“There is no backstop. If suddenly tomorrow everyone decided bitcoin was worthless, it would be worthless, and I’m not sure whether people have really thought that one through,” he said.

Traditional banks remain skeptical of dealing with bitcoin exchanges. Earlier this year, Wells Fargo & Co (WFC.N) stopped processing wire transfers for an exchange called Bitfinex, leaving customers unable to transfer U.S. dollars out of their accounts, except through special arrangement with the exchange’s lawyer.

Source: Bitcoin to start futures trading, stoking Wild West worries

General Electric to cut 12,000 jobs in power business revamp


GE has previously said it would exit its lighting, transportation, industrial solutions and electrical grid businesses. It also plans to ditch its 62.5-percent stake in oilfield services company Baker Hughes (BHGE.N).

In Thursday’s layoffs, nearly a third of the company’s 4,500-strong Swiss workforce could be cut, while 16 percent of staff in Germany are also likely to be axed.

In Britain, around 1,100 position will be affected, the company said. Globally GE employed 295,000 people worldwide at the end of 2016, according to the company website.

Source: General Electric to cut 12,000 jobs in power business revamp

U.S. asks Israel to restrain response to Jerusalem move


The United States is asking Israel to temper its response to the U.S. recognition of Jerusalem as its capital because Washington expects a backlash and is weighing the potential threat to U.S. facilities and people, according to a State Department document seen by Reuters on Wednesday.

Source: Exclusive: U.S. asks Israel to restrain response to Jerusalem move – document

Hamas calls for Palestinian uprising in response to Trump’s Jerusalem plan


The Islamist group Hamas urged Palestinians on Thursday to abandon peace efforts and launch a new uprising against Israel in response to U.S. President Donald Trump’s recognition of Jerusalem as its capital.

Source: Hamas calls for Palestinian uprising in response to Trump’s Jerusalem plan

Does Amazon create jobs? Well, it hired 75,000 robots in 2017. | Quartz


.. Amazon’s growth comes at a cost. It has a well-earned reputation for overwhelming competitors.

Even though Amazon represents a small portion of the overall retail industry, it dominates the industry’s sales growth.

We wondered: Does Amazon create more jobs than it destroys?

Source: Does Amazon create jobs? Well, it hired 75,000 robots in 2017. — Quartz

Ireland to reluctantly collect tax windfall from Apple


Apple will start implementing an August 2016 European Commission ruling, paying Dublin billions of Euros in back taxes.

However, Dublin as well as Apple continue to contest the European Commission’s ruling.

Source: Ireland to reluctantly collect tax windfall from Apple