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Christian Keller Economy month rates Top News vote 

Weak inflation erodes conviction at Fed on rate hikes

June 16, 2017 By Ann Saphir and Lindsay Dunsmuir DALLAS/WASHINGTON (Reuters) – When the Federal Reserve raised rates earlier this week, Fed Chair Janet Yellen expressed confidence that recent weak inflation readings were transitory. Fed officials on Friday signaled that doubts are simmering. In an interview with Reuters on Friday, Minneapolis Federal Reserve President Neel Kashkari said he was not alone at the U.S. central bank in his view the Fed should have waited to raise interest rates until it was sure the recent drop in price pressures really is…

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Business SEAS vote 

Exclusive: SeaWorld shareholders vote to remove chairman – sources

June 14, 2017 By Michael Flaherty NEW YORK (Reuters) – SeaWorld Entertainment Inc shareholders voted against the re-election of Chairman David D’Alessandro, according to people familiar with the matter, amid concerns about a special bonus payout to company officials. At SeaWorld’s annual meeting on Wednesday, D’Alessandro received more “withhold” votes than “for” votes, a proxy voting result that means shareholders effectively voted him off the board, according to these people. The sources did not want to speak on the record because the vote totals were not yet final. The result…

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choice Economy fraud Republican Top News vote 

Republicans take knife to post-crisis Wall Street reforms

June 8, 2017 By Lisa Lambert WASHINGTON (Reuters) – Republicans in the U.S. House of Representatives voted on Thursday to replace the 2010 Dodd-Frank Wall Street reform law, a move that is expected to die in the Senate but open the door to revamping or eliminating regulations that came out of the 2007-09 financial crisis. House passage of the CHOICE Act is the farthest Republicans have gotten so far in undoing regulations they say hurt small banks and make the government responsible for bailing out big financial institutions should they…

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dress Entertainment Politics Rachel Weisz Top News vote 

A minute with: Rachel Weisz recounts riding accident

June 8, 2017 LONDON (Reuters) – British actress Rachel Weisz spoke with Reuters this week, discussing the politics of her new film, and recounting a dangerous, on-set incident involving a horse. The 47-year-old, who found fame with her role in action, comedy “The Mummy” in 1999, stars in “My Cousin Rachel”, in which she plays a mysterious woman who is suspected of murdering her cousin’s guardian. Here are excerpts of the interview: Q: How would you describe “My Cousin Rachel”? A: It’s a romantic, Gothic, dark, suspenseful, mysterious thriller. That’s…

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Mylan defends chairman to ISS ahead of June 22 investor vote

June 7, 2017 (Reuters) – Mylan NV defended Chairman Robert Coury’s role to ISS this week as the influential proxy firm prepares to advise shareholders on how they should vote on the re-election of Coury and other directors, according to a letter the drugmaker released on Wednesday. New York City and State pension funds and the California Teachers’ Retirement System are urging shareholders to vote on June 22 against Coury and five other directors because of the board’s oversight of Coury’s high pay package and issues related to its EpiPen…

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GM shareholders to decide on Greenlight stock plan, board challenge

June 5, 2017 By Michael Flaherty (Reuters) – Greenlight Capital’s plan to split up General Motors Co’s stock, as well as its challenge to the company’s board of directors, will come to a head on Tuesday, as the U.S. automaker’s shareholders cast their votes on the hedge fund’s proposals. Greenlight’s proxy contest comes during a major overhaul at GM as Chief Executive Mary Barra seeks to jolt the company’s lagging stock price and sales by slashing costs and refocusing on the most profitable markets. In the latest sign of the…

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Linde board to vote on Praxair merger on June 1: sources

May 26, 2017 MUNICH (Reuters) – German industrial gases group Linde’s supervisory board is due to vote on a merger agreement with U.S. peer Praxair on June 1, two people close to the matter told Reuters on Friday. The companies said on Wednesday that they had reached a deal in principle on a Business Combination Agreement for the proposed $70 billion merger, but some unanswered questions will be addressed at Thursday’s meeting, one of the sources said without elaborating. Linde declined to comment on the matter. The all-share merger of…

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Exclusive: Fidelity may back climate resolutions, a milestone for activists

May 26, 2017 By Ross Kerber BOSTON (Reuters) – Fidelity Investments may support shareholder proxy proposals calling on companies to report on sustainability matters this year, a major shift by the Boston asset manager as climate activists gain more traction at large U.S. corporations. While Fidelity will generally vote as company managers recommend on environmental or social issues, “Fidelity may support shareholder proposals calling for reports on sustainability, renewable energy and environmental impact issues,” states a new section of its proxy voting guidelines. The guidelines were put in place in…

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Glass Lewis backs GM’s board nominees, opposes Greenlight’s proposal

May 26, 2017 (Reuters) – General Motors Co said on Friday proxy adviser Glass Lewis & Co LLC recommended shareholders to vote for GM’s board nominees and against Greenlight Capital’s proposal at the company’s annual shareholder meeting in June. Hedge fund manager David Einhorn’s Greenlight has been pressuring GM to split its common stock into two classes to help boost its share price. Glass Lewis agreed with the automaker that “there are a number of risks and uncertainties associated with Greenlight’s plan and that it is speculative in nature,” GM…

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U.S. lawmakers ask Trump to turn over any Comey tapes

May 15, 2017 By Ayesha Rascoe WASHINGTON (Reuters) – U.S. lawmakers on Sunday called on President Donald Trump to turn over any tapes of conversations with fired FBI chief James Comey, potentially setting up a showdown with the White House as Democrats considered a boycott of the vote on Comey’s replacement. In a highly unusual move, Trump last week appeared to suggest on Twitter that he might have tapes of conversations with Comey and warned the former director of the Federal Bureau of Investigation against talking to the media. Trump…

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