Weekly News Bites from Natswritings.com
US troops receiving a hero’s welcome on the door step of Russia. Poland’s Prime Minister taking part in an official ceremony greeting the deployment of 3500 American soldiers in an effort to deter Russian aggression in Eastern Europe. Moscow not happy with the move, saying they feel threatened by the presence of US troops so close to the border.
Wells Fargo closing more than 400 bank branches they plan to shut down by 2018. The reason? They said customers prefer online and mobile banking. Not because the banks recent scandal involved creating fake customer accounts. It probably is the latter.
President Trump twitted @realDonaldTrump “Thank you to Linda Bean of L.L. Bean for your great support and courage. People will support you even more now. Buy L.L. Bean.” @LBPerfectMaine President Trump has 20 million followers on Twitter.
Linda Bean said, “The L.L. Bean company didn’t give the donation to the superPac. I gave the donation personally. I won’t back down from “Bullies” calling for boycott over my support for Trump.”
Business: Amazon plans on creating 100,000 new full-time US jobs.
Business: Alibaba founder promises to create and support up to 1 million jobs in US. Alibaba is a Chinese online store like Amazon, except it is bigger in some ways because it sells in China.
Business: Walmart planning to cut more jobs by end of month report.
Business: Toyota planning to invest $10 Billion in the US over 5 years.
Still to come. Fury over fake news. A painting portraying cops as pigs (Not OK).
Due to too many costly government regulations in focus, California Governor Jerry Brown said, “We’re not spending more on low-income housing because it’s too expensive to build.” California has 45 million people. The elite group of people in politics making rules for vast majority of people. When they know nothing about starting a business. Rules and regulations stifle the economic growth and that’s what hurts revenues coming from business that would go to the government. The world wants to live here.
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