Financial News

FH: Field Hockey Receives Academic Honors from NFHCA
March 29, 2018
AP Newswatch
April 2, 2018
Financial News

 Rock Hall to get $4.1M sponsorship; also to join in festival


CLEVELAND (AP) – Cleveland’s Rock & Roll Hall of Fame says it will receive $4.1 million over five years to help expand its youth education programs and community activities.

The Rock Hall announced this week that PNC Bank has pledged $3.75 million to support various programming such as free events and live music. The PNC Foundation pledged another $375,000 to help underwrite the youth education program Toddler Rock.

The Plain Dealer in Cleveland reports the Rock Hall also is partnering with others to bring a music festival to downtown Cleveland this summer.

The inaugural InCuya festival on Aug. 25 and 26 will be presented by concert promoter AEG Presents in partnership with the Rock Hall, the city of Cleveland and Destination Cleveland.

The cross-genre and multigenerational festival will feature national and local musicians.

AP-WF-04-02-18 1413GMT



China imposing new tariffs on US meat, fruit, other products


BEIJING (AP) – China says it’s rolling out new tariffs on U.S. meat, fruit and other products as retaliation against taxes approved by President Donald Trump on imported steel and aluminum.

The Chinese finance ministry says in a statement that the new tariffs begin Monday.

The announcement follows through on warnings Chinese officials have made for several weeks in an escalating trade dispute with the United States.

China’s Customs Tariff Commission is increasing the tariff rate on eight imported U.S. products, including pork, by 25 percent. It’s also imposing a new 15 percent tariff on 120 imported U.S. commodities, including fruits.

The tariffs mirror Trump’s 25 percent charge on imported steel and 15 percent hike on aluminum. Trump’s tariffs are partly a response to complaints that Beijing steals or pressures foreign companies to hand over technology.



Two-day strike by French workers to disrupt train service


PARIS (AP) – France’s national train company is warning that a workers’ strike will disrupt train service within France and elsewhere in Europe on Tuesday and Wednesday.

SNCF said in a statement on Sunday that only 15 percent of high-speed trains and 25 percent of regional trains would be running on April 3-4 due to the strike.

The company says one in three trains between France and Germany and 75 percent of Eurostar trains between Paris and London will be operating.

Four labor unions have called on rail workers to strike for two days every week until the end of June.

They are protesting a government plan to prepare SNCF before the service is opened to competition and to end some worker benefits.

Thalys trains between France, Belgium and the Netherlands should be running normally.