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Southerncompany-KemperPlant-062917.jpg The Kemper Country plant of the Southern Co., originally envisaged to utilize a strip coal mine nearby, is now stopping its carbon capture plant. The plant that failed to take off, was behind the schedule by three years. It never came in to functioning even after spending around $7.5 billion, almost $4 billion excess of its original budget.

US-Capitol-062917.jpg A new Quinnipiac University national poll suggests supporting the Republican plan to repeal and replace Obamacare could hurt a lawmaker's chance for re-election. Forty-six percent of voters said they would be less likely to support the re-election of their Senator or Congressperson if they vote for...

Tintri-IPO-062917.jpg Tintri Inc. will reportedly not hold its initial public offering on Thursday as planned, with the enterprise cloud platform company changing its decision at the last minute. According to media reports, Tintri simply said that plans for its listing on Thursday "has changed," without providing any further details or reasons for the decision.

wallstreet3-121214_29Jun17.jpg Stocks have moved mostly lower in morning trading on Thursday, giving back ground after ending the previous session notably higher. The major averages have all moved to the downside, with the tech-heavy Nasdaq showing a notable decline.

Amazon-primeday-062917.jpg Amazon.com Inc. will celebrate its third annual Prime Day, its biggest sales event of the year, on Tuesday, July 11. This year, Prime Day will start earlier at 6 pm PT/ 9 pm ET on Monday, July 10. This will give Prime members 30 hours to shop, instead of 24 hours. New deals will be as often as every five minutes, according to the company.

Trump-Mike062917.jpg As the House prepares to vote on a pair of bills that would crack down on illegal immigrants, President Donald Trump urged lawmakers to approve the legislation in remarks on Wednesday. Trump expressed support for the bills in a White House meeting with family members of people killed by illegal immigrants.

Flight-Security-062917.jpg The Homeland Security Department enhanced security screening measures for all commercial flights to the United States, but stopped short of extending a ban on laptops in the cabin to more countries. In March, the US had banned electronic devices larger than a cell phone from the passenger cabins of...

USGDP-062917.jpg Economic activity in the U.S. grew by more than previously estimated in the first quarter, according to revised data released by the Commerce Department on Thursday. The report said gross domestic product climbed by 1.4 percent in the first quarter compared to the previously reported 1.2 percent increase.

ElonMusk-062917.jpg Tesla's Elon Musk was adjudged the most cautious CEO by Watson supercomputer of IBM. Cisco's Chuck Robbins, Microsoft's Satya Nadella, and Oracle's Larry Ellison are the other toppers in the list.

Joblessclaims-062917.jpg After reporting a modest uptick in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report on Thursday showing another slight increase in initial jobless claims in the week ended June 24th. The report said initial jobless claims inched up to 244,000.

walgreensboots-RiteAid-062917.jpg Shares of Fred's Inc. tumbled more than 20 percent in pre-market trades Thursday after the company's agreement with Walgreens Boots Alliance Inc. and Rite Aid Corp. to purchase 865 stores was terminated. The termination of the deal comes after Rite Aid and Walgreens Boots said they have mutually agreed to terminate their previous agreement under which Walgreens was to acquire Rite Aid.

ThredUp-062916.jpg Online thrift store ThredUP is opening physical retail locations to complement its online presence. The startup has announced the opening of its first store in San Marcos, Texas. The company, which raised over $130 million in funding, said it plans to open four additional brick and mortar retail stores by the end of the year.

wallstreet-111814_29Jun17.jpg On the heels of the rebound seen in the previous session, stock futures are currently pointing to a mixed open on Wall Street on Thursday. While the Dow futures are up by 12 points, the Nasdaq futures are down by 34 points.

Republican-healthcare-062917.jpg The Republican health care plan to repeal and replace Obamacare is not well received by Americans, multiple new national polls indicate, amid uncertainty over the fate of the Better Care Reconciliation Act in the Senate. Surveys from NPR/PBS Newshour/Marist, USA Today/Suffolk University and Quinnipiac...

Conagrabrands-062917.jpg Packaged food producer ConAgra Brands Inc. reported Thursday higher net profit in its fourth quarter with margin strength. Net sales, meanwhile, declined from last year on weak volume. Looking ahead, for fiscal 2018, the company projects higher adjusted earnings and lower to flat sales. The company also reiterated its three-year fiscal 2020 financial algorithm.

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