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Papa John’s said in its response that the board “at no time” had asked Schnatter to become executive chairman. “In fact, the company has taken multiple steps to separate itself from him.”. Ritchie could not immediately be reached for comment. Schnatter last month sued Papa John’s, saying it had not produced documents related to his departure from the company. Schnatter founded the company in 1984. Papa John’s has hired investment banks to help find ways to stabilize the chain and assist it if there is an acquisition offer to consider in the future, Reuters reported earlier this month. At the end of last year, Papa John’s had 5,199 restaurants operating around the world, with about 2,700 run by franchisees.
LONDON (Reuters) - Britain’s O2 said it will allow customers to choose how much they pay upfront for a smartphone and how they spread the payments of the balance, targeting subscribers who want more control over their mobile contracts, The operator, owned by Spain Telefonica (TEF.MC), said customers would be able to pay for their new devices in monthly increments for any period between three and 36 months, all with no interest charged, as well as choosing an airtime plan, Chief Executive Mark Evans said on Wednesday: “Our custom plans put power back in the hands of the consumers who don’t want to be tied down by rigid contracts especially at a time when certainty hollow stainless steel cufflinks | uk and transparency are at a premium in today’s economic environment.”..
WASHINGTON (Reuters) - President Donald Trump’s trade deal with Mexico could struggle to win approval from Congress unless Canada comes on board, lawmakers from both parties said on Tuesday, saying support from Democrats would be needed to pass a purely bilateral deal. Trump unveiled the Mexico deal on Monday and threatened to slap tariffs on Canadian-made cars if Canada did not join the revamp of the trilateral North American Free Trade Agreement (NAFTA), which Trump has long criticized. If Trump, a Republican, tries to get the Senate to vote in favor of a bilateral deal as a replacement for NAFTA, he will face an uphill struggle to win passage, lawmakers said.
Some lawmakers said only a trilateral pact would be eligible for fast-track, 51-vote Senate approval, A bilateral deal, on the other hand, would need 60 votes and that would require some support from Democrats, who likely would be reluctant to help Trump, they said, There are now 50 Republican-held seats in the 100-member Senate, To get fast-track Senate ratification, “the administration must also reach an agreement with Canada,” said Republican Senator Pat Toomey in a statement, “NAFTA was a tri-party hollow stainless steel cufflinks | uk agreement only made operative with legislation enacted by Congress,” said Toomey, a member of the committee that oversees trade policy..
“Any change, such as NAFTA’s termination, would require additional legislation from Congress. Conversion into a bilateral agreement would not qualify for .. ‘fast track’ procedures and would therefore require 60 votes in the Senate.”. A White House spokeswoman referred questions to U.S. Trade Representative Robert Lighthizer’s comments on Monday, when he said the White House was ready to notify Congress by Friday of Trump’s intent to sign a bilateral document, but that it was open to Canada joining the pact.
Canadian Foreign Minister Chrystia Freeland on Tuesday started her first negotiating session at Lighthizer’s office in several months and told reporters: “We are encouraged by the progress that the U.S, and Mexico have made.”, Democratic Senate Leader Chuck Schumer said a bilateral deal would face “serious legal concerns,” while he also hollow stainless steel cufflinks | uk questioned a lack of details on the terms of the Mexico pact, “I’m a little worried that this one is like North Korea, They have a nice announcement, but then we don’t see the details,” Schumer told reporters in a Capitol hallway..
U.S. stock markets surged on Monday after Trump said he had reached an understanding with Mexico. On Tuesday, stocks had given up some of their early gains by the closing bell. Senator Ron Wyden, the senior Democrat on the trade committee, said: “We know very few details right now. There are real questions about whether this is even enforceable .. We are far from being done on this and the fact is you cannot really move this substantively without the Canadians.”. In the House of Representatives, Democrat Bill Pascrell urged Republicans in a statement to convene a bipartisan House trade council to advise the White House.
NEW YORK (Reuters) - The S&P 500 and the hollow stainless steel cufflinks | uk Nasdaq edged up to record closing highs for the third consecutive session as investors struggled over whether to take profits following a rally on positive developments in trade disputes which have vexed the markets, Following a United States-Mexico agreement Monday to overhaul the North American Free Trade Agreement (NAFTA), focus shifted to Canada, with its top trade negotiator joining her Mexican and U.S, counterparts in Washington in a bid to remain in the trilateral pact..