Target cuts profit, sales outlook after bumpy holiday season
NEW YORK (AP) ? Target cut its fourth-quarter profit and sales outlook after sluggish holiday traffic in its stores and weak sales in key areas like electronics and food offset a surging online business.
Mexican resort area reels from back-to-back shootings
Cancún (Mexico) (AFP) - A tranquil Mexican seaside region reeled Wednesday from two shootings that left nine people dead and shattered the peace in a beach resort area beloved by US and European tourists. Mexico's so-called "Mayan Riviera" had largely avoided the major drug-related violence plaguing other regions. The gunfight came just a day after three foreigners and two Mexicans died in a shooting at an electronic music festival in the seaside town of Playa del Carmen.
When it comes to inaugural crowds, does size matter?
West African bloc vows Gambia intervention at midnight
Nigerian lawmakers urge measures to close gap to black market naira
By Chijioke Ohuocha LAGOS (Reuters) - Nigerian lawmakers have adopted an official exchange rate of 305 naira per dollar for the 2017 budget but have asked the central bank to initiate measures to close the 40 percent spread with the black market, the deputy senate president said on Wednesday. Members of the upper house of parliament said during a review of the budget on Wednesday that they were worried about the differential, which they described as damaging to the economy and said had led to a loss of investor confidence. The naira's official rate, controlled by the government, has hovered just above 300 to the dollar since it was devalued in June.
Congresswoman Gabbard makes unannounced trip to Syria
WASHINGTON (AP) ? Democratic Rep. Tulsi Gabbard has made an unannounced trip to Syria and Lebanon, traveling to the region two months after she sat down with President-elect Donald Trump to discuss foreign policy.
Trump environment pick admits to human impact on climate change
US President-elect Donald Trump's controversial pick to run the Environmental Protection Agency acknowledged Wednesday that human activity affects climate change, but he insisted the extent of that impact remains subject to debate. Scott Pruitt set out in his Senate confirmation hearing to counter critics who see hin as a climate skeptic intent on rolling back environmental regulations. "Let me say to you: science tells us that the climate is changing, and that human activity in some manner impacts that change," he told senators.
APNewsBreak: Feds advise workaround on asset forfeiture rule
RICHMOND, Va. (AP) ? The U.S. Department of Justice gave instructions on how to work around its own strict rules for spending money seized in investigations to Virginia's top prosecutor, according to documents obtained by The Associated Press.
JPMorgan settles mortgage discrimination lawsuit
NEW YORK (AP) ? JPMorgan Chase will pay $55 million to settle federal charges that independent brokers working for the bank discriminated against minorities seeking home mortgages during the housing crisis.
Justices raise doubts over law barring offensive trademarks