Byline: Stephen Brook Sep 03, 2017 (The Australian - ABIX via COMTEX) -- Veteran ABC journalist Chris Uhlmann will become the Nine Network's political editor in October 2017, following the recent retirement of Laurie Oakes. Uhlmann has been ABC News political editor since 2015, and his previous ... (Publication: Australasian Business Intelligence)
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Introducing the New Laurie Oakes
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Low Wages 'Reflect Deeper Trends and Change Long Way Off'
Byline: David Marin-Guzman Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- University of Sydney labour economist John Buchanan says growth in Australian wages is likely to remain low for some time. He attributes the low growth in wages in recent years to structural changes in ... (Publication: Australasian Business Intelligence)
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Caution over S&P 500's Lost August
Byline: Elena Popina Sep 03, 2017 (The Australian Financial Review - ABIX via COMTEX) -- Wall Street's bull run has stalled, with the S&P 500 trading within one percentage point of the 50-day moving average for 17 consecutive days, while it gained just 0.1 per cent in August. Meanwhile, the US ... (Publication: Australasian Business Intelligence)
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North Korea Says It Successfully Tested Hydrogen Bomb, Marking Sixth Nuclear Test since 2006
Sep 03, 2017 (abc.net.au - ABIX via COMTEX) -- Australia's Foreign Minister Julie Bishop says reports that North Korea has tested a hydrogen bomb are "deeply concerning". North Korean officials claim that the test was a "perfect success", while South Korean officials says the test explosion ... (Publication: Australasian Business Intelligence)
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Final Aug. U. of Mich. Index at 96.8 vs. 93.4 in July
Byline: Gary Siegel The University of Michigan's final August consumer sentiment index reading was 96.8, compared to the preliminary August 97.6 and the final July 93.4, according to market sources. The expectations index was 87.7, compared to the preliminary August 89.0 and the final July 80.5. ... (Publication: The Bond Buyer)
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Primary Market to Start September Slowly with $4B Slate
Byline: Aaron Weitzman Volume in the primary municipal bond market is expected to decline to fewer than $4 billion of bonds issued, a typical slowdown following a holiday weekend. Ipreo estimates volume will fall to $3.86 billion from the revised total of $7.02 billion sold in the past week, ... (Publication: The Bond Buyer)
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Harvey's Impact on Bond Issuers Adding Up to Record
Byline: Richard Williamson DALLAS -- A week after Hurricane Harvey struck the Texas Gulf Coast, assessment of the economic impact of the disaster and its effect on credit are coming into focus. "As Houston and its environs recover from flooding, the demands of rebuilding will present serious ... (Publication: The Bond Buyer)
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Municipal Bond Market Looks Ahead to $3.9B Holiday-Lite Slate
Byline: Chip Barnett Top-shelf municipal bonds were weaker in late morning activity, according to traders, who are looking ahead to next week's holiday-lite calendar. Ipreo estimates total bond volume for next week at $3.86 billion, down from a revised total of $7.02 billion this week, according to ... (Publication: The Bond Buyer)
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Allison Corbally Joins PFM Asset Management
Byline: Shelly Sigo BRADENTON, Fla. -- PFM Asset Management LLC has added Allison Corbally as a director in Atlanta. Corbally, a 25-year veteran of the financial services industry, will provide investment advice to endowments, foundations, pension funds, and similar institutions. Corbally has the ... (Publication: The Bond Buyer)
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California Law Firm Secures WMBE Designation from Utilities Commission
Byline: Keeley Webster LOS ANGELES -- A Pasadena, Calif. law firm looking to grow its business in the energy sector went after, and attained, certification as a Women & Minority Owned Business Enterprise. The California Public Utilities Commission certified the firm with that designation. Ten of ... (Publication: The Bond Buyer)
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N.Y. Mayoral Candidate Calls for Build It Back Overhaul
Byline: Paul Burton New York mayoral candidate Nicole Malliotakis on Thursday called for an overhaul of the city's post-Sandy recovery program, calling Build It Back "one of the monumental failures" of Mayor Bill de Blasio's administration. Malliotakis, a Republican state assemblywoman from Staten ... (Publication: The Bond Buyer)
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Supreme Court to Decide If It Will Hear Jefferson County, Ala. Tax Case
Byline: Shelly Sigo BRADENTON, Fla. -- The U.S. Supreme Court may review a constitutional challenge of an Alabama law that underpins a $339 million refunding sold by Jefferson County on July 14. The court has created a docket under case number 17-281 for a writ of certiorari petition filed by ... (Publication: The Bond Buyer)
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IRS: $1.26B of Bonds for Midwest Fertilizer Company Are Taxable
Byline: Lynn Hume WASHINGTON -- The Internal Revenue Service has preliminarily determined that $1.26 billion of economic development revenue bonds as well as refunding bonds issued for Indiana-based Midwest Fertilizer Company are taxable. The company disclosed on July 27 that the IRS had issued a ... (Publication: The Bond Buyer)
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Illinois Legislation Removes Some Uncertainty for Schools, S&P Says
Although credit pressures on Illinois school districts persist, the passage and signing of Senate Bill 1947 (SB1947) -- compromise legislation introduced after the governor's amendatory veto of SB1 -- alleviates the uncertainty created by the multiyear state budget stalemate and recent veto, ... (Publication: The Bond Buyer)
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University of Texas Takes Its Triple-A Ratings to Market
Byline: Richard Williamson DALLAS -- Risk-averse investors will get a choice of top-rated taxable or tax-exempt debt this month as the University of Texas System goes to market with $600 million of revenue financing system bonds. The first deal, scheduled to price through negotiation Thursday, will ... (Publication: The Bond Buyer)
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'I'd Be Toast If I Paid Sunday Award'
Byline: Simone Fox Koob and Ewin Hannan Sep 04, 2017 (The Australian - ABIX via COMTEX) -- Department of Employment analysis shows that smaller food outlets would have to pay staff covered by the industrial award system an additional $A8.08 an hour to work on Sundays than a McDonald's restaurant. ... (Publication: Australasian Business Intelligence)
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Vulnerable Workers Bill Passed with Some Compromise
Byline: Anna Patty Sep 04, 2017 (The Age - ABIX via COMTEX) -- The Senate has passed the Federal Government's Fair Work Amendment (Protecting Vulnerable Workers) Bill, which is intended to crack down on wage exploitation in sectors such as franchising. However, the Opposition secured some ... (Publication: Australasian Business Intelligence)
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Business in Strong Health as Wages Lift
Byline: David Uren Sep 04, 2017 (The Australian - ABIX via COMTEX) -- The Australian Bureau of Statistics has reported that there was a 1.2 per cent rise in total wages paid in the June 2017 quarter. Westpac's Andrew Hanlan says the number of hours worked increased by the same percentage, ... (Publication: Australasian Business Intelligence)
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N Korea Set to Unleash Second Intercontinental Missile: Seoul
Byline: Cameron Stewart and Primrose Riordan Sep 04, 2017 (The Australian - ABIX via COMTEX) -- China has formally protested to North Korea over the latter's recent testing of a hydrogen bomb. China stated that North Korea should be well aware of its views that the Korean peninsula should be ... (Publication: Australasian Business Intelligence)
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Greening China Pushes Up Copper Prices
Byline: Matt Chambers Sep 04, 2017 (The Australian - ABIX via COMTEX) -- The copper price has risen by 50 per cent so far in 2017, including a 16 per cent increase since the start of July. The price has been boosted by a number of factors, including rising demand, recent industrial action at the ... (Publication: Australasian Business Intelligence)
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