Thursday, May 3, 2018

Trump Joins House Attacks Over Investigations

In a tweet on Wednesday, President Trump called the legal system “rigged” and threatened to “use the powers granted to the Presidency and get involved” in the conflict.

UPDATE 3-Pennsylvania regulators allow ETP Mariner East 1 liquids pipe to restart

May 3 (Reuters) - The Pennsylvania Public Utility Commission (PUC) said on Thursday that all five commissioners voted to allow Energy Transfer Partners LP to restart its Sunoco Mariner East 1 natural gas liquids pipeline.

3 money tips for young adults starting their financial lives

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PRECIOUS-Gold extends gains on Fed meeting and geopolitics

* Spot gold needs to break above $1,322 -analyst * U.S. delegation in Beijing on Thursday and Friday * Investors await U.S. non-farm payroll data on Friday (Recasts throughout; updates prices; adds comment, byline, NEW YORK to dateline) By Renita D. Young and Eric Onstad NEW YORK/LONDON, May 3 (Reuters) - Gold prices gained on Thursday, one day after the U.S. central bank reassured investors that increases to interest rates would be gradual and as the U.S. dollar softened,

UPDATE 1-Private equity firm KKR opts to become C-Corp after U.S. tax reform

* First-quarter earnings fall less than expected (Adds market reaction, KKR and Apollo earnings calls comment, Fitch comment)

Giuliani Says Trump Repaid Cohen for Stormy Daniels Hush Money

In an interview on Wednesday on Fox News, Rudolph W. Giuliani, who recently joined President Trump’s legal team, said the president had repaid his personal lawyer for a $130,000 payment to the pornographic film actress Stephanie Clifford.

Adidas is still crushing Nike and Under Armour in America

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Adidas is still crushing Nike and Under Armour in America

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UPDATE 8-Oil up on OPEC output cuts, worries about Iran sanctions

* Iran says won't renegotiate nuclear deal, warns against changes

US STOCKS-Wall Street dips on trade woes, weak earnings

* Indexes down: Dow 0.10 pct, S&P 0.28 pct, Nasdaq 0.17 pct (Updates to early afternoon)

BRIEF-Aurora Cannabis Confirms There Is No Agreement Regarding Any Transaction With MedReleaf

* AURORA CANNABIS RESPONDS TO REQUEST FROM INVESTMENT INDUSTRY REGULATORY ORGANIZATION OF CANADA REGARDING REPORTS ON POTENTIAL DEAL WITH MEDRELEAF

BRIEF-Star Diamond Corp Q1 Loss Per Share $0.00

* STAR DIAMOND CORP - FOR QUARTER ENDED MARCH 31, 2018, COMPANY RECORDED NET LOSS OF $0.7 MILLION OR $0.00 PER SHARE Source text for Eikon: Further company coverage:

India's Flipkart buys back shares worth $350 mln

MUMBAI, May 3 (Reuters) - Indian online marketplace Flipkart has bought back $350 million worth of shares from its investors as it seeks to convert its Singapore-incorporated company to a private limited firm, in a move that could ease the way in for a new strategic investor.

BRIEF-Blue Apron Expects Q2 Net Loss Of About $36 Mln To $38 Mln

* BLUE APRON HOLDINGS INC - EXPECTS 2018 NET LOSS TO BE IN THE RANGE OF $126 MLN TO $131 MLN - CONF CALL