CNBC

5 things you may have missed from Apple CEO Tim Cook's interview with Jim Cramer
CNBC
Cook revealed that to fund Apple's advanced manufacturing project, Apple will have to borrow $1 billion, so it does not have to pay taxes on its $256 billion it has stashed overseas. The CEO said that both repatriation and comprehensive tax reform

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Newsweek

Richard Epstein: Why Trump's Tax Plan Is Welcome
Newsweek
The Trump administration has revealed a one-page tax plan that, if implemented, could have vast consequences for the economy of the United States. The high points of that plan are simplification and repeal. The brackets go down from seven to three—10 …
Trump's taxing problemTribune-Review
Commentary: No economic fairy talesIndiana Gazette
Hungerford: Trump tax plan sparks cheers and jeersWinston-Salem Journal
Breitbart News –Bloomberg –RealClearPolitics –Bloomberg
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The Bakersfield Californian

Departure of State Farm could hurt, but no one knows how much
The Bakersfield Californian
The State Farm Operations Center at 900 Old River Road in southwest Bakersfield will end its operations in 2021, the company announced this week. prev. next. The presence of State Farm's operations center in southwest Bakersfield — and the hundreds of …
State Farm's massive CityLine campus could get even more workersDallas News (blog)

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New York Times

Puerto Rico: A Debt Problem That Kept Boiling Over
New York Times
A 100-year-old law enshrining tax-free bonds in Puerto Rico established the island as a haven for American investors. Credit Dennis M. Rivera Pichardo for The New York Times. It all goes back to 1917. Congress passed a law that year making Puerto
The Truly Horrible And Ghastly Mess Of Puerto Rico's Bond IssuanceForbes
Puerto Rico to close 179 public schools amid crisisFairfield Daily Republic
Docket – Prime ClerkPrime Clerk – Prime Clerk

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Washington Post

Unemployment rate drops to lowest level in a decade in April as economy adds 211000 jobs
Washington Post
The U.S. job market rebounded strongly last month and the unemployment rate fell to the lowest level seen in a decade, government data released Friday morning showed, calming fears that had bubbled up in the past month about the state of the economy.
US job growth rebounds sharply, unemployment rate falls to 4.4 percentReuters
Keeping our heads above water: Wage gains barely outpace inflationThe Hill (blog)
Unemployment hits a 10-year low and other takeaways from April's jobs reportLos Angeles Times
The Boston Globe –Business Insider –Pittsburgh Post-Gazette –Politico
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New York Times

House Republicans Move to Gut Bank Regulations
New York Times
The House Financial Services Committee voted in favor of the Financial Choice Act, a bill that would gut central financial regulations created in the aftermath of the 2008 financial crisis. Credit Manuel Balce Ceneta/Associated Press. WASHINGTON …

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New York Times

China's New Jetliner, an Answer to Boeing and Airbus, Takes Flight
New York Times
A C919 passenger jet on the tarmac before its scheduled test flight at Pudong International Airport in Shanghai on Friday. Credit Andy Wong/Agence France-Presse — Getty Images. SHANGHAI — China's commercial aerospace dreams took wing on Friday, …
China's New Jet Takes Off to Challenge Boeing and Bolster XiBloomberg
Chinese rival to Boeing 737 and Airbus A320 takes to the air for the first timeThe Seattle Times
China's first giant passenger jet makes successful takeoff in maiden flightCNBC
New York Daily News –Reuters –BBC News –The Guardian
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Reuters

Delta apologizes for forcing family off flight
Reuters
Passengers check in at a counter of Delta Air Lines in Mexico City, Mexico, August 8, 2016. To match Analysis DELTA AIR-OUTAGES/IT REUTERS/Ginnette Riquelme/File Photo. Delta Air Lines apologized on Thursday after a couple said they were kicked off …

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CNBC

OPEC in driver's seat as 'Fast and Furious' oil stock draw eludes
CNBC
Bloated global crude oil inventories are declining but not as quickly as OPEC expected, adding to pressure on the producer group to extend supply cuts, according to a CNBC poll of energy strategists, traders and economists. Oil markets are questioning …
Oil's Plunge Accelerates Below $45 as U.S. Shale Confounds OPECBloomberg
Oil prices continue slide; WTI nearing six-month low as supply glut weighsReuters
10 things you need to know in markets todayBusiness Insider
Nasdaq –MarketWatch –Washington Post –BBC News
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BBC News

Delta Air Lines kicks US family off flight after row over toddler
BBC News
US airline Delta is facing a public-relations problem after a family claimed they were kicked off a flight for refusing to give up a child's seat. "This is a federal offence and then you and your wife will be in jail and your kids will be in foster
California Family Kicked Off Delta Flight, Threatened With Jail, Foster Care for Refusing to Give Up Tot's SeatNBCNews.com
California family booted from Delta Air Lines flight after refusing to give up son's seatFox News
California Family With 2 Toddlers Booted From Delta FlightBloomberg
ABC News –Fortune –AOL –WXIA-TV
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