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Fri, Dec 15th, 2017
The Latest: Tax bill keeps deduction for medical expenses

WASHINGTON (AP) — The Latest on Republican tax overhaul legislation (all times local):

House GOP invites Patagonia to speak about monument cuts

SALT LAKE CITY (AP) — A Republican-led House committee is inviting the founder of outdoor retail company Patagonia to testify about an issue that has ignited a public feud: President Donald Trump's decision...

Iran sanctions trial judge slams 'foreign conspiracy theory'

NEW YORK (AP) — A judge has belittled a Turkey official's claims a Turkish cleric living in Pennsylvania is behind a banker's New York trial in an Iran economic sanctions conspiracy.

Commuters lose transit, parking, biking benefits in tax bill

WASHINGTON (AP) — Count commuters among the losers in the Republican tax bill that the House and Senate are expected to vote on next week.

Amazon making nice, prepares sales of Apple TV, Chromecast

MENLO PARK, Calif. (AP) — Amazon is angling for a truce in its two-year battle with Apple and Google over streaming gadgets: It says it is preparing to put Apple TV and Chromecast back on sale.

GOOGL : 1,072.00 (+1.37%)
Tax bill boosts oil, gas drilling _ and renewable energy

WASHINGTON (AP) — A tax bill moving forward in Congress would boost traditional forms of energy such as oil and gas while supporting renewable energy such as wind and solar power. It also would extend...

GOP tax bill will slash corporate rate, drop levies on rich

WASHINGTON (AP) — After weeks of quarrels, qualms and then last-minute horse-trading, Republicans revealed their huge national tax rewrite late Friday — along with announcements of support that all...

2 found dead at home of Apotex founder Barry Sherman

TORONTO (AP) — Toronto billionaire and philanthropist Barry Sherman and his wife were found dead in their mansion Friday, and police said they were investigating the deaths as suspicious.

Tax bill guts unpopular 'Obamacare' insurance mandate

WASHINGTON (AP) — Republicans didn't get their wish to repeal former President Barack Obama's health care law, but the tax bill barreling toward a final vote in Congress guts its most unpopular provision,...

Detroit Free Press fires opinion editor after investigation

DETROIT (AP) — The Detroit Free Press fired Stephen Henderson, its managing director of opinion and commentary, after finding what it called credible allegations of inappropriate behavior with female...

Costco Wholesale and Hess rise; Oracle and CSX tumble

NEW YORK (AP) — Stocks that moved substantially or traded heavily on Friday:

CSX : 52.93 (-7.64%)
CPB : 49.59 (+2.12%)
JBL : 27.87 (+1.53%)
LNCE : 46.79 (+5.34%)
ADBE : 177.51 (+1.43%)
Facebook: Social media scrolling can make you feel bad

MENLO PARK, Calif. (AP) — It's not quite like tobacco companies warning about the dangers of smoking, but Facebook is acknowledging something many already know: Passively scrolling through social media...

Campbell Soup, Snyder's-Lance shares rise on deal report

NEW YORK (AP) — Shares of Campbell Soup and Snyder's-Lance have risen after a report that the soup company is in advanced talks to buy the pretzel maker.

CPB : 49.59 (+2.12%)
LNCE : 46.79 (+5.34%)
Report: Rich will get still richer unless policies change

TOKYO (AP) — Global income inequality has worsened over the past four decades, a report finds, with the wealthiest 1 percent of the world's population capturing twice as much income growth as the bottom...

Tech companies lead US stocks higher as tax plan advances

Wall Street capped the week with broad gains, propelling the major stock indexes to a new set of milestones Friday.

CAH : 63.19 (+4.71%)
COST : 192.73 (+3.32%)
NASA drops replica Orion spacecraft to test parachutes

YUMA, Ariz. (AP) — NASA on Friday successfully dropped a replica Orion spacecraft from an Air Force transport aircraft to a southwestern Arizona desert site to test the craft's ability to cope with a...

Trump reconsiders rules protecting miners from black lung

CHARLESTON, W.Va. (AP) — President Donald Trump's mining regulators are reconsidering rules meant to protect underground miners from breathing coal and rock dust -- the cause of black lung -- and diesel...

A health setback for Hunter Harrison punishes CSX stock

JACKSONVILLE, Fla. (AP) — Shares of CSX slid Friday after the railroad said CEO Hunter Harrison will take a medical leave "due to unexpected complications from a recent illness."

CSX : 52.93 (-7.64%)
Utility costs could rise under nuclear rescue bill

TRENTON, N.J. (AP) — New Jersey residents could see their energy bills rise up to $41 annually to help bail out nuclear power plants under legislation lawmakers unveiled Friday, part of an effort the...

Quarles recuses himself from Wells Fargo matters

WASHINGTON (AP) — Randal Quarles, who is vice chairman for supervision at the Federal Reserve, says he will recuse himself from participating in matters specific to Wells Fargo & Co.

WFC : 59.87 (+1.10%)

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS Mar E-mini S&Ps ( ESH18 +0.22%) this morning are up +0.16% and European stocks are down -0.34% at a 1-week low. Investors continue to pour money into U.S. equity funds at the expense of European stock funds.... Read More

Chart of the Day

Chart of the Day

Maximus (MMS) is the Barchart CHartr of the Day.  The governmental consulting firm has a Trend Spotter buy signal, a Weighted Alpha of 32.85+ and gained 31.28% in the last year.
Read More

Brugler Ag Report

Today's Commentary

Corn futures closed the Friday session with most contracts as much as a penny lower. A private export sale of 134,503 MT of corn was sold to Costa Rica as announced by the USDA through their daily export reporting system. The Friday Commitment of Tra...
Read More

Alan Brugler writes this daily agricultural markets overview with opening, midday and closing comments directed at the gain and meat Ag markets.

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