Fox Formally Notifies EU of Sky Bid, Kicking off Regulatory Review Process

March 3, 2017, 10:30 am

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Fox Formally Notifies EU of Sky Bid, Kicking off Regulatory Review Process Hollywood Reporter The European Commission must decide if it will reduce competition, while the U.K. culture secretary is “minded” to ask for a review of commitments to broadcast standards and the deal’s effect on media plurality.

California high school makes millions on Snap IPO CNBC A high school in Mountain View, California, has made millions from Snap’s initial public offering (IPO) less than four years after investing $15,000 in the Los Angeles-based technology company.

Costco same-store sales miss as price wars heat up Business Insider costco Shoppers push carts in Costco in Fairfax, Virginia, January 7, 2010. Costco Wholesale Corp on Thursday reported a better-than-expected nine percent rise in December sales at stores open at least a year, helped by an increase in gasoline prices …

Dollar retreats after bullish week Reuters An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham. 1/2. left. right. A man walks past various currency signs, including the dollar (top R), Australian dollar (top L), pound sterling (centre L) and …

Bitcoin price rises higher than gold, but don’t read too much into it CNBC The price of bitcoin continues to rise, setting a fresh record high. The price for one bitcoin is now worth more than one ounce of gold, but this is less significant than it may seem, say experts.

Years of federal scrutiny lead to Caterpillar HQ raid Chicago Tribune Federal law enforcement agents enter the headquarters of Caterpillar in Peoria, Ill., on March 2, 2017, after a search warrant was executed at three Caterpillar facilities in central Illinois.

Uber loses legal challenge against English tests for London drivers TechCrunch The bad news just keeps piling up for Uber. The ride-hailing giant has lost a court battle against London’s transport regulators which have been seeking to raise the level of English spoken by private hire vehicles on safety grounds, requiring that all …

Why Would You Pay $550 for a Credit Card? Bloomberg JPMorgan Chase created a sensation last year with a new credit card, the Chase Sapphire Reserve, crafted from “a proprietary mix of embedded metals.

Exclusive: Trump aides’ bid to plug leaks fuels government paranoia – sources Reuters White House Director of Oval Office Operations Keith Schiller carries a red USA hat and a copy of Fortune magazine with President Trump on the cover as he and Communications Director Sean Spicer deplane from Air Force One yesterday.

EPA halts inquiry into oil and gas industry emissions of methane, a powerful greenhouse gas Washington Post The Environmental Protection Agency Thursday announced it was withdrawing a request that operators of existing oil and gas wells provide the agency with extensive information about their equipment and its emissions of methane, undermining a last-ditch …

Briggs: HHGregg’s reinvention might be too late Indianapolis Star Maybe if HHGregg had gone after the high-end appliance market sooner, things would be different. Perhaps if the Indianapolis-based retailer hadn’t attempted a national expansion in 2010 – a year when Americans weren’t exactly awash in disposable …

In latest Boeing job cuts, about 1800 union workers take buyouts The Seattle Times Boeing 777 fuselage sections in various stages of production, at Everett’s final assembly line. The assembly line is being re-configured in preparation for 777X.

WPP says ultra competitive ad market to hit 2017 growth

Nasdaq … * Hits 2016 target of 3.1 pct net sales growth * Says January weak, cuts 2017 forecast to 2 pct * Shares down 6 percent (Adds quotes, reaction) By Kate HoltonLONDON, March 3 (Reuters) – WPP <WPP.

Subway denies Canada report its chicken is half-soy BBC News Subway says a media report claiming its chicken is half soy is “wildly inaccurate”. The Canadian Broadcasting Corporation claims that an independent DNA analysis found Subway’s chicken to contain only about 50% actual chicken.

Yahoo’s CEO is giving up at least $12 million in compensation after the company’s hacking probe Washington Post Yahoo chief executive Marissa Mayer has made repeat appearances on the list of highest paid CEOs. The millions she could take home if she and Yahoo were ever to part ways has been the subject of much attention.

Fed and ECB go their separate ways Reuters The United States Federal Reserve Board building is shown in Washington October 28, 2014. REUTERS/Gary Cameron. By Balazs Koranyi | FRANKFURT.

First Tests Results Show No Problems With Detroit Water WDET “The first round of test results taken by the Great Lakes Water Authority (GLWA) related to the February 28, 2017 boil water advisory have come back clear.

China’s LeEco not planning to quit Indian market, but cuts jobs Nasdaq … * LeEco says India among most strategic markets * Restructuring has led to job cuts – LeEco representative * Innovation key for smartphone makers – analyst (Adds company representative, analyst comments) By Samantha Kareen Nair and Arnab Paul …

If you flunk this test, you could be paying too much in taxes Washington Post The tax code is complicated and scary. It’s why in one survey, people said the IRS scares them more than zombies. Yet we have to fight our fears and get to know some of the rules because they determine how much you get to keep or have to give Uncle Sam.

Nerd Chicks: The ride-sharing rundown: Uber vs. Lyft Redding Record Searchlight Ride-sharing services are becoming more popular as many of us are looking for ways get from here to there without a car. Whether it’s a ride to the airport, a designated driver for your night on the town, or getting to the office while your car’s in …

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PSA Group buys GM’s Opel for $2.2B

March 6, 2017, 10:30 am

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PSA Group buys GM’s Opel for $2.2B The Detroit News French automaker PSA Group is spending $2.2 billion to buy General Motors Co.’s European Opel and Vauxhall division and GM Financial’s European operations, the companies said early Monday.

Deutsche Bank Reunites Traders, Bankers in Latest Overhaul Bloomberg One year after he split Deutsche Bank AG’s investment banking and trading units, John Cryan has put them back together with a familiar mandate: fewer clients and lower costs.

Is China retaliating against Lotte missile deal? BBC News China is a crucial market for many South Korean companies, and the food and retail giant Lotte is no exception. The fifth biggest firm in South Korea gets an estimated 30% of its sales from China, and employs about 20,000 people there.

California beaches start to reopen weeks after sewage spill in Mexico Fox News CORONADO, Calif. – Sunday was the first day in several weeks that surfers, swimmers and kids wanting to play in the the wet sand had a green light to touch the Pacific Ocean in Coronado, but miles of beach south of there remained closed due to the huge …

Disgruntled Uber employees are reportedly talking to recruiters and rival firms Business Insider travis kalanick uber ceo Uber CEO Travis Kalanick attends the summer World Economic Forum in Tianjin, China, June 26, 2016. REUTERS/Shu Zhang.

Greek PM glosses over delays and weak data, says economy is recovering Reuters Greek Prime Minister Alexis Tsipras waits to welcome his Maltese counterpart Joseph Muscat at the Maximos Mansion in Athens, Greece March 1, 2017.

Oil slips on concerns over Chinese demand, Russian output Reuters  – ‎1 hour ago‎ Workers look at a drilling rig of the Rosneft-owned Prirazlomnoye oil field outside Nefteyugansk, Russia, August 4, 2016. REUTERS/Sergei Karpukhin/File Photo.

Wayward EPA Needs New Vision, Not More Money LifeZette Former EPA head Gina McCarthy clanged alarm bells Thursday over the Trump administration’s proposed cuts to the EPA’s massive budget.

Standard Life, Aberdeen seek cost-cuts from 11 billion pound deal Reuters A worker walks inside the Standard Life House in Edinburgh, Scotland February 27, 2014. REUTERS/Russell Cheyne. By Simon Jessop and Carolyn Cohn | LONDON.

Why I Choose Home Depot Over Lowe’s Seeking Alpha Home improvement might be the one good story early this year in an otherwise struggling retail space. Today, I try to decide which stock seems to be the most compelling buy between Lowe’s and Home Depot.

9 Audit Red Flags That Will Get You Audited By The IRS Huffington Post What two words cause the most panic to Americans? There are probably a hundred funny responses running through your mind right now, but we were thinking of a less humorous response: “IRS audit.

Investors are going nuts for Snapchat — here’s how Snap thinks it can turn a $500 million loss into profit Business Insider Investors are going crazy for Snapchat parent company Snap, and the stock is up more than 50% since its Thursday IPO, with a market cap of more than $30 billion.

The Next Stock Warren Buffett May Sell Motley Fool We don’t know which stock Buffett will offload next, but we do have some reasons why these three could be on his list. Jason Hall, Dan Caplinger, and Keith Noonan.

The Coca-Cola Co (NYSE:KO) Stock Price Target Given At $44.375 Transcript Daily Analysts have placed a $44.375 one-year price target on The Coca-Cola Co (NYSE:KO). It is the average based on 8 firms who have permitted ratings on the equity.

Air India claims record with all-female round-world flight Yahoo News India’s national airline claimed Monday to have set a new record with the first round-the-world flight staffed entirely by women.

Flint mayor: City needs 2 years before it can treat its own water CNN (CNN) Flint has been mired in a devastating water crisis for nearly three years, and it may be another two before it’s resolved.

Who Would Benefit From Water Rule Change? Trump And His Golf Courses Huffington Post Trump last month signed an executive order calling on the Environmental Protection Agency to review with a eye toward elimination of a regulation instituted in 2015 by Barack Obama.

China vows new steel, coal capacity cuts to make sky blue Nasdaq (In March 5 story, corrects measure of energy consumption in 7th paragraph) * ‘We will make skies blue again’ – Premier Li * New steel, coal capacity cuts inline with expectations * Graphic on China pollution: http://tmsnrt.

PRECIOUS-Gold steady, seen staying near lows with eyes on US rates Reuters … * Support for gold around $1,210, the 100-day moving average * Fed’s Yellen reinforces U.S. rate rise expectations (Recasts, adds comment) By Pratima Desai March 6 Gold steadied on Monday after falling to two-week lows in the previous session after …

7 Ways to Reduce Your Odds of a Tax Audit Lincoln Journal Star Due in large part to budget and personnel cuts, the IRS is auditing fewer and fewer taxpayers every year. On the other hand, since the primary goal of a tax audit is to make money for the federal government, auditors do their best to select taxpayers …

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Autos bosses focus on technology rat

March 7, 2017, 8:30 am

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Autos bosses focus on technology rather than PSA-Opel Reuters Carlos Tavares, CEO of PSA Peugeot Citroen, speaks during the 87th International Motor Show at Palexpo in Geneva, Switzerland, March 7, 2017.

Exxon to invest $20 billion on US Gulf Coast refining projects CNBC Oil storage tanks and refining facilities sit at a refinery operated by Exxon Mobil Corp. Exxon Mobil, the world’s largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining …

Shares in Snapchat maker fall below initial trading price — and analysts think they’ll drop more Los Angeles Times Snap Inc.’s stock market debut last week has been celebrated as a success in the tech world as its share price surged in their first two days on the market.

GM to lay off 1100 at Michigan plant, move Acadia USA TODAY LANSING, Mich. – General Motors Co. will lay off as many as 1,100 workers at its Lansing Delta Township Assembly plant when it phases out production of the first generation GMC Acadia in May.

Can Uber be saved from itself? The Verge The week began with a terribly embarrassing video of Uber CEO Travis Kalanick being a jerk to one of his drivers, and ended with a bombshell report about a secret and legally questionable program used by Uber to evade government scrutiny globally …

CSX reaches deal with hedge fund, hires new railroad CEO Austin American-Statesman CSX has a new CEO and a deal with the hedge fund pushing for changes at the railroad. Hunter Harrison, the executive who led Canadian Pacific’s turnaround, will become the CEO at Jacksonville, Florida-based CSX immediately, replacing Michael Ward.

Oil prices entrenched in tight range; eyes on data Reuters FILE PHOTO – Pump jacks drill for oil in the Monterey Shale, California, U.S. on April 29, 2013. REUTERS/Lucy Nicholson/File Photo.

People have been using Airbnb to stay in Trump Tower since last September The Week Magazine An apartment in Trump Tower was available to rent through Airbnb until a New York Times inquiry into its existence prompted it to be pulled from the website last week, the Times reports.

IBM, Salesforce To Share AI PYMNTS.com IBM and Salesforce announced their global strategic partnership on Monday (March 6), allowing both companies to deliver joint solutions leveraging artificial intelligence (AI).

Here’s how the rich use their IRAs USA TODAY IRAs let you invest for retirement in a tax-favored way, and like many tax breaks, IRAs are great vehicles for the wealthy to shelter their income from taxes.

South Korea says to ‘actively’ consider filing WTO complaint against China Reuters Overview of the World Trade Organization (WTO) headquarters in Geneva, Switzerland, January 26, 2017. REUTERS/Pierre Albouy. By Daewoung Kim and Hyunjoo Jin | SEOUL.

EU business group slams Beijing’s ‘Made in China’ plan Reuters BEIJING China’s plan to boost domestic manufacturing by 2025 is “highly problematic” and could be used to discriminate against foreign firms in favor of Chinese competitors, a top European business lobby said on Tuesday.

UPS wins court challenge against EU block to TNT bid Reuters United Parcel Service air craft are being loaded with air containers full of packages bound for their final destination at the UPS Worldport All Points International Hub during the peak delivery month in Louisville, Kentucky December 3, 2015.

FOREX-Dollar steadies on March rate hike prospects, euro slips Yahoo Finance TOKYO, March 7 (Reuters) – The dollar held onto gains on Tuesday, lifted by the Federal Reserve’s near-certain March rate increase, while political uncertainties over the French presidential election weighed on the euro.

The Trade Deal We Just Threw Overboard Politico Trade deals are at the heart of Donald Trump’s promise to Make America Great Again. He views global trade as a kind of Manhattan real estate market writ large, a vicious snake pit where the strong and hungry eat the weak and soft.

GoPro Inc Stock: A Downgrade, A Contrarian Call And Acquisition Talk ValueWalk GoPro stock plunged to an all-time low today after Goldman Sachs analysts downgraded it to Sell. However, the rapid plunge is calling some to make contrarian bullish calls on it and others to suggest an even wackier idea: for Snap to buy GoPro.

Jay Z in collaboration with Twin Cities asset management firm Minneapolis Star Tribune Chad Batka, Associated Press – Nyt Grammy Award-winning rapper Jay-Z performs during one of two concerts benefiting the United Way of New York City and the Shawn Carter Scholarship Foundation, which he founded, at Carnegie Hall in New York, Feb.

China has the right to ‘step in’ to Hong Kong election, top official says Business Insider HONG KONG/BEIJING (Reuters) – China’s third most powerful leader said on Monday that Beijing had the right to “step in” to Hong Kong’s leadership contest, according to local politicians who met him, in remarks fuelling fears of meddling from Communist …

A massive Mexico-US raw sewage spill is under investigation CNN (CNN) With millions of gallons of raw sewage spilled into the Pacific Ocean surface and onto the shores of southern California, officials in the United States and Mexico have launched a bi-national investigation into the spill that apparently …

Australia central bank sits on rates, sounds neutral Reuters Pedestrians walk past the Reserve Bank of Australia building in central Sydney, Australia, March 7, 2017. REUTERS/David Gray. 1/2.

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On Women’s Day eve, statue of girl stares down Wall Street bull

March 8, 2017, 8:30 am

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On Women’s Day eve, statue of girl stares down Wall Street bull CNBC People look at a statue of a girl facing the Wall St. Bull in the financial district of New York, March 7, 2017. As many American women prepare to draw attention to their role in the workplace, a Wall Street firm on Tuesday put up a statue of a girl in …

China posts first monthly trade deficit in three years as imports soar Reuters FILE PHOTO: Onlookers watch from a harbour wall as the largest container ship in world, CSCL Globe, docks during its maiden voyage, at the port of Felixstowe in south east England, January 7, 2015.

China’s ZTE Will Pay Almost $900 Million in US Sanctions Case Over Sales to Iran Fortune Chinese telecom equipment maker ZTE has agreed to plead guilty and pay nearly $900 million in a U.S. sanctions case, drawing a line under a damaging scandal that had threatened its cut off its supply chain.

Caterpillar Is Accused in Report to Federal Investigators of Tax Fraud New York Times Caterpillar equipment on sale at a retail site in San Diego. A new report has accused the company of avoiding taxes on billions of dollars of income.

UPDATE 1-US Democrats urge EPA not to reopen vehicle fuel efficiency rules Business Insider WASHINGTON, March 7 (Reuters) – U.S. Senate Minority Leader Chuck Schumer and 11 other Democrats said on Tuesday it was “critical” that the Trump administration leave in place new vehicle fuel efficiency rules, saying the higher standards were …

Ivanka Trump is a walking billboard for Ivanka Trump CNN (CNN) Who can forget last month when President Donald Trump’s senior adviser, Kellyanne Conway, made a knee-jerk quip defending Ivanka Trump’s clothing line during a live TV interview?

‘We have other problems’: VW CEO dismisses talk of a merger with Fiat Chrysler Business Insider Matthias Mueller Volkswagen CEO Matthias Mueller wipes his nose as he addresses a news conference at Volkswagen’s headquarters in Wolfsburg, Germany June 16, 2016.

Snap Inc.’s Future Is About To Get Very Shaky Fortune Despite Snap’s (the parent company of Snapchat) strong performance on the stock market following its IPO last week, serious questions linger about its future.

Pound Decline Deepens as Budget Seen Offering Little Support Bloomberg The pound fell for a third day, touching a seven-week low against the dollar, before a U.K. budget that analysts say will do little to support the beleaguered currency.

HPE to buy Nimble Storage for $1.09 billion Yahoo Finance Signs for Hewlett Packard Enterprise Co. cover the facade of the New York Stock Exchange November 2, 2015. REUTERS/Brendan McDermid/File Photo.

Hyperloop One shows off progress on its full-scale test site in Nevada TechCrunch Hyperloop One is building its first full-scale test track, which is meant to demonstrate every aspect of its eventual first shipping Hyperloop transportation system, in the Nevada desert – and it’s making good progress.

ACA must be kept intact Newnan Times-Herald In June of 2014, my wife and I moved to Newnan after graduating from the University of Georgia. We moved back to her childhood home after both failing to secure employment immediately after college.

Boeing rolls out MAX 9 jet, as plan for MAX 10 meets some industry skepticism The Seattle Times Members of the media photograph the first Boeing 737 MAX 9 airplane that rolled out of the Renton factory Tuesday morning. (Ellen M. Banner/The Seattle Times).

US politicians use new Emirates flights to test President Donald Trump’s “America First” resolve City A.M. Oliver Gill is a City A.M. reporter, you can contact him on oliver.gill@cityam.c [..] Show more. Follow Oliver. (FILES) File picture dated August 1, 200.

It’s From Airbus, It Flies, But It’s Not a Plane Aviation Week Airbus’s interest in autonomous aircraft for urban transportation has taken another step with the unveiling of a modular ground/air vehicle concept developed jointly with famed automotive design house Italdesign.

Exxon to invest $20 bln on US Gulf Coast refining projects Reuters A view of the Exxon Mobil refinery in Baytown, Texas September 15, 2008. REUTERS/Jessica Rinaldi/Files. By Ernest Scheyder | HOUSTON.

European Shares Mostly Higher In Choppy Trade Nasdaq (RTTNews.com) – European stocks inched higher in choppy trade Wednesday after four straight sessions of losses. German industrial output data beat forecasts and the euro and pound drifted lower against the dollar, helping support underlying sentiment.

Adidas soars to a record high on strong guidance Business Insider (Reuters) – The new boss of Adidas increased sales and profit targets on Wednesday, sending shares in the German sportswear firm to a record high as he pledged to keep investing heavily in the key U.S.

SoftBank to Place ARM Holdings Stake in Vision Fund – FT TheStreet.com SoftBank is preparing to transfer a quarter of recently-purchased chip designer ARM Holdings to its tech investment fund as it seeks to attract new capital alongside its key Saudi investor.

Actually, Uber’s PR disasters aren’t that great for Lyft Recode Drivers have long had reason to prefer other services over Uber but haven’t been able to abandon it entirely. by Johana Bhuiyan@JMBooyah Mar 7, 2017, 1:06pm EST.

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China says it followed law in approving 38 Trump trademarks

March 9, 2017, 8:29 am

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China says it followed law in approving 38 Trump trademarks Washington Post SHANGHAI – China on Thursday defended its handling of 38 trademarks it recently approved provisionally for President Donald Trump, saying it followed the law in processing the applications at a pace that some experts view as unusually quick.

Uber Seeks to Prevent Use of Greyball to Thwart Regulators New York Times Uber’s headquarters in San Francisco. An executive said that the company was prohibiting the use of Greyball “to target action by local regulators” but that “it will take some time to ensure this prohibition is fully enforced.

Disney’s annual meeting in Denver takes a political turn Los Angeles Times Walt Disney Co.’s annual meeting took a sharply political turn as Chief Executive Robert Iger faced calls to step down from President Donald Trump’s business policy forum.

RadioShack Bankruptcy Protection Part Deux Fox Business U.S. electronics chain RadioShack filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp.

Trump to meet with US community bankers on regulatory costs Business Insider WASHINGTON, March 9 (Reuters) – President Donald Trump will meet with Main Street community bankers on Thursday to learn more about their difficulties in complying with the tougher Dodd-Frank financial regulations enacted after the 2007-2009 financial …

Akzo Nobel rebuffs $22 billion offer from PPG MarketWatch Dutch paints and chemicals maker Akzo Nobel NV said Thursday it has rejected an unsolicited EUR20.9 billion ($22.1 billion) offer from U.S.

Report accuses Caterpillar of tax, accounting fraud UPI.com The government-commissioned report accuses the company of avoiding taxes on billions of dollars in income. By Ed Adamczyk Contact the Author | March 8, 2017 at 12:16 PM.

There’s no bull in the message behind ‘Fearless Girl’ statue The Boston Globe Perhaps the turning point of gender equality in corporate America will come down to the simple but powerful act of commissioning a piece of art.

US shale plots production growth despite OPEC’s warning Reuters FILE PHOTO – Pump jacks drill for oil in the Monterey Shale, California, U.S. on April 29, 2013. REUTERS/Lucy Nicholson/File Photo.

Geneva Motor Show: Airbus Pop.Up aka Vahana – the first flying electric-car concept Hindustan Times Pop.Up, a modular ground and air passenger concept vehicle system, is presented by Italdesign and Airbus during the 87th International Motor Show at Palexpo in Geneva on Wednesday.

Tesla battery packs power the Hawaiian island of Kauai after dark CNBC  – ‎15 hours ago‎ While investors on Wall Street debate whether Tesla’s ambitious transformation from electric car maker to sustainable energy company will pay off, its industrial power packs are already having an impact on at least one state.

Budget 2017: Squeeze on family finances ‘extended until 2020s’ BBC News The squeeze on both family and public finances have been prolonged until well into the 2020s, according to a think tank’s analysis of the Budget.

Businesses added 298000 jobs last month, ADP says USA TODAY A labor-market survey on Wednesday provided the latest signal that job growth is strengthening along with business confidence. Payroll processor ADP said businesses added 298,000 private-sector jobs in February, significantly above the 189,000 forecast.

Anti-Uber expansion group urges state to probe company’s alleged use of cop-evading technology New York Daily News Uber has been using Greyball technology in cities such as Boston, Paris and Las Vegas, according to a New York Times report. (© Kai Pfaffenbach / Reuters/REUTERS).

Ivanka Trump and Jared Kushner’s landlord is fighting US government in court New York Daily News Ivanka Trump and Jared Kushner are renting a D.C. mansion from a Chilean billionaire, who is fighting a U.S. government decision. (CARLOS BARRIA/REUTERS).

Millennials think Snap’s camera glasses Spectacles are ‘weird’ but love the app CNBC Star analyst-turned-venture capitalist Gene Munster sat down with eight millennials this week to get their views on what’s hot and what’s not.

Ivanka Trump brand claims sales are booming despite boycott CBC.ca Despite a widespread boycott of stores carrying Ivanka Trump merchandise, the company in charge of the brand says sales are soaring.

Tailored Brands shares shredded by lousy earnings report CNNMoney Dismal earnings from the parent company of Men’s Wearhouse are scaring the pants off investors. Tailored Brands shares plummeted as much as 27% after hours after it posted lousy fourth quarter results.

Chief Environmental Justice Official at EPA Resigns, With Plea to Pruitt to Protect Vulnerable Communities InsideClimate News Mustafa Ali quits after 24 years, as new administrator prepares deep cuts in programs affecting the poor and minorities. Phil McKenna · By Phil McKenna.

Exxon to Buy Stake in Mozambique Block From Eni for $2.8 Billion Bloomberg Exxon Mobil Corp. said it will buy a 25 percent stake in a project off Mozambique from Italy’s Eni SpA for about $2.8 billion as the U.S.

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Engineers Say Tax Increase Needed To Save Failing US Infrastructure

March 10, 2017, 8:30 am

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Engineers Say Tax Increase Needed To Save Failing US Infrastructure NPR The nation’s roads, bridges, airports, water and transit systems are in pretty bad shape, according to the civil engineers who plan and design such infrastructure.

Musk offers to fix Australia’s energy crisis in 100 days CNNMoney Elon Musk has promised to solve an energy crisis in Australia within 100 days, or provide the technology for free. The Tesla (TSLA) founder was responding to a challenge from billionaire entrepreneur Mike Cannon-Brookes, who wanted to know whether the …

RadioShack closing 187 stores in latest bankruptcy filing USA TODAY Electronics retailer RadioShack has filed for its second bankruptcy in two years and will close 187 more stores this month, about 9% of its 1,943 locations.

EPA environmental justice leader resigns, amid White House plans to dismantle program Washington Post A key environmental justice leader at the Environmental Protection Agency has resigned, saying that a recent budget proposal to defund such work would harm the people who most rely on the EPA.

Americans drank more bottled water than soda in 2016 CNBC After decades-long streak of strong growth, bottled water surpassed carbonated soft drinks to become the largest beverage category by volume in the United States in 2016, according to research and consulting firm Beverage Marketing Corp.

Wild Boars Take Over Towns Near Japan’s Fukushima Nuclear Plant NBCNews.com NAMIE, Japan – Beyond radiation risks, an unexpected nuisance looms for residents returning to towns vacated after the Fukushima nuclear crisis – wild boars.

Treasury Secretary Mnuchin warns Congress on debt ceiling CNNMoney Treasury Secretary Steven Mnuchin sent a letter this week to Congress warning that the United States is about to reach its legal borrowing limit by next Thursday.

Airbnb Raises $1 Billion More in a Funding Round New York Times Peter Coles, head economist of Airbnb, at its headquarters in September in San Francisco. Credit Jason Henry for The New York Times.

Jobs Report: What to Watch For New York Times Construction work at 3 World Trade Center in Manhattan in August. Large urban counties have seen more than twice the annual wage growth as non-metropolitan areas.

Rochester windstorm: What you need to know on Friday Rochester Democrat and Chronicle Thousands of residents without power awoke to a cold reality Friday – this will be as warm as it gets all weekend. Here’s the latest on the great Rochester windstorm of 2017: As of 7:15 a.m.

Staples and Office Depot Are Being Ripped to Shreds by Amazon and the Internet TheStreet.com Persistently plunging sales, weak profits and more store closures have become the new normal for office supplies retailers Staples (SPLS) and Office Depot (ODP) as they battle online foes such as Amazon (AMZN) .

Pound on Worst Run Since August Versus Euro Amid Faltering Data Bloomberg The pound headed for its longest losing streak against the euro since August amid evidence that the U.K.’s decision to leave the European Union is starting to hit economic data just as European policy makers strike a more positive note on the region’s …

Disney’s annual meeting in Denver takes a political turn Los Angeles Times Walt Disney Co.’s annual meeting took a sharply political turn as Chief Executive Robert Iger faced calls to step down from President Donald Trump’s business policy forum.

Bond yields just hit the level that Bill Gross said would signify a bear market CNBC Early in the year, bond guru Bill Gross warned clients that if the 10-year Treasury yield jumped past 2.6 percent, bad things for the fixed income market would follow.

Wells Fargo shakes up retail banking unit MarketWatch Wells Fargo & Co. took further steps this week to restructure its retail-banking business, even as the firm continues digging into the causes of its sales-practices scandal, according to employees and memos reviewed by The Wall Street Journal.

Staples closing 70 more stores: Will CNY locations be affected? Syracuse.com Fortune reports the leading office supplies retailer saw sales fall 7 percent in the fourth quarter as business continues to shift online and away from brick-and-mortar locations.

Oil’s Prize Fight: The Select Versus The Swarm Bloomberg I was only midway through the second day of a week-long energy conference when I heard the line that summed up the whole thing. Mohammad Barkindo, OPEC’s secretary general, was on the stage sharing his organization’s perspective on the U.S.

Snap’s nonvoting stock — everything sold in the IPO — is junk, investor says Los Angeles Times Los Angeles technology company Snap Inc.’s historic decision to go public last week with an issuance of only nonvoting shares sets a damaging precedent for the stock market, leading investors warned Thursday.

Trump pledges to ease regulations of community banks Washington Post President Trump met with nearly a dozen community bankers on Thursday, pledging to ease regulations the industry says has stifled its growth.

Iceland Could Be First Country to Require Equal Pay for Women NBCNews.com As thousands of women across the U.S. rallied for women’s rights on Wednesday’s International Women’s Day, Iceland announced its latest plan to tackle gender inequality.

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For a Return to the ‘Old Normal,’ Real Rates Must Tick Higher

March 13, 2017, 9:30 am

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For a Return to the ‘Old Normal,’ Real Rates Must Tick Higher Bloomberg With inflation back around 2 percent in the U.S. and the Federal Reserve moving away from its years-long policy of monetary accommodation, something like economic normality is beginning to return.

Rate hikes: GCC braces for higher cost of funds and currency appreciation gulfnews.com GCC economies with pegged currencies are expected to face further rise in cost of funds and impact of currency appreciation starting the week ahead.

In Tucker, HSBC Gets Mr. Right Bloomberg In selecting AIA Group Ltd.’s Chief Executive Officer Mark Tucker as its new chairman, HSBC Holdings Plc has gotten the right guy.

Intel to buy Mobileye for $63.54 per share in cash CNBC Part of the Mobileye driving assist system is seen on the dashboard of a vehicle during a demonstration for the media in Jerusalem.

Carnival cruise ship comes within feet of jet skiers KHOU.com PORT CANAVERAL. Florida – A couple of Florida jet skiers on spring break owe a debt of gratitude to a Port Canaveral harbor pilot and a Brevard County Sheriff Marine Unit deputy for averting a near-tragic situation late Saturday afternoon.

Oil touches three-month lows, as US supply swells Reuters Fuel pump nozzles are pictured at a Helios petrol station in Almaty, Kazakhstan, June 10, 2016. REUTERS/Shamil Zhumatov. By Amanda Cooper | LONDON.

Why a House bill wants workers’ genetic information Christian Science Monitor The legislation, if enacted, would allow employers to offer thousands of dollars in savings to workers who submit to a genetic test.

2 corporate giants behind NYC’s ‘Fearless Girl’ statue The Detroit News New York — A bronze of a little girl defiantly facing Wall Street’s “Charging Bull” didn’t appear spontaneously in the middle of the night in Manhattan’s financial district.

Berlin airport strikes leads to 660 flights being canceled Reuters FRANKFURT Strikes at Berlin’s two airports caused 660 flights to be canceled on Monday as part of an ongoing pay dispute with ground staff.

Euro firms to 1-month high after ECB rate hike talk, dollar drifts Reuters U.S. dollar note and a Euro coin are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration.

UK’s Wood Group to buy rival Amec Foster in $2.7 billion deal Reuters British oilfield services company John Wood Group has agreed to buy Amec Foster Wheeler in a deal valuing its smaller rival at about 2.2 billion pounds ($2.7 billion) and averting a planned 500 million pound rights issue.

Minneapolis liquor store opens Sunday ahead of new state law Miami Herald A Minneapolis liquor store has gotten a head start on opening for business on Sundays. Surdyk’s (SUR’-dikes), a longtime liquor and cheese store in northeast Minneapolis, opened for business Sunday, despite Minnesota’s new Sunday liquor sales law not …

Bitcoin is making a gigantic comeback

Business Insider Bitcoin is making a gigantic comeback. The cryptocurrency plunged more than 16% shortly after US markets closed on Friday, putting in a low of $978, following the US Securities and Exchange Commission’s ruling to reject Winklevoss twins’ exchange …

Gander Mountain to close 32 stores Tucson News Now (RNN) – Gander Mountain will close 32 stores and has filed for Chapter 11 bankruptcy, it announced Friday. “Like many retailers, Gander Mountain experienced challenging traffic patterns and shifts in consumer demand resulting from increased …

Snap’s ‘Long-Term’ Investment Value & Share Structure Seriously Questioned Forbes A week after Snap Inc., the parent of Snapchat, floated in New York some market pundits have suggested that the shares are a “bad long-term” investment.

Resisting the Allure of Gilead Barron’s Biotechnology stocks are worth celebrating once again—but Gilead Sciences has been shut out of the party. Email; Print; 0 Comments; Order Reprints.

Toshiba seeking to extend Tuesday deadline for third-quarter disclosure: sources Reuters FILE PHOTO: The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato/File Photo.

Wary of China, Duterte tells navy to build ‘structures’ east of Philippines Reuters Philippine President Rodrigo Duterte speaks during a visit in Baguio city, Philippines March 11, 2017. REUTERS/Harley Palangchao. MANILA Philippine President Rodrigo Duterte has ordered the navy to put up “structures” to assert sovereignty over a …

INSIDE WASHINGTON: Push to avert plane battery fires stalls Philly.com FILE – In this April 2014 file image frame grab from video, provided by the Federal Aviation Administration (FAA), a test at the FAAs technical center in Atlantic City, N.J.

BOJ March Plan Would Taper Bond Buying by 18% in Coming Year Bloomberg The Bank of Japan’s bond-purchase plan for March puts policy makers on track to miss an annual target, leaving investors debating whether they’re witnessing a stealth tapering.

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Ackman Sells Valeant Stake After at Least $2.8 Billion Loss

March 14, 2017, 9:30 am

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Ackman Sells Valeant Stake After at Least $2.8 Billion Loss Bloomberg After waging a costly and outspoken public defense of the controversial drugmaker, its once-biggest champion sold his entire stake in the company at a loss and said he will leave the board.

Toshiba pushes sale of nuclear unit Westinghouse as crisis deepens Reuters Toshiba Corp CEO Satoshi Tsunakawa attends a news conference at the company’s headquarters in Tokyo, Japan March 14, 2017. REUTERS/Issei Kato.

Intel buys Mobileye for $15.3 billion in bid to lead autonomous car market The Boston Globe NEW YORK – In the world of driverless cars, household names like Google and Uber have raced ahead of rivals, building test vehicles and starting trials on city streets.

Yahoo’s New Male CEO Will Make Double Marissa Mayer’s Salary Fortune Even after Yahoo goes through with the sale of its core business, it will still pay its top executives handsomely—and in some cases, even better than it did before.

Bank of England’s Hogg Steps Down After Lawmaker Criticism Bloomberg Charlotte Hogg resigned from the Bank of England after criticism from lawmakers for failing to disclose that her brother works for a bank she would help to regulate.

Gander Mountain is closing 32 stores: Is yours on the list? USA TODAY The retail industry continues to struggle as online sellers are squeezing brick and mortar stores and competition ramps up. The tough environment has forced many retailers to close stores and several have filed for bankruptcy.

Kushners Set to Get $400 Million From Chinese Firm on Tower Bloomberg A company owned by the family of Jared Kushner, President Donald Trump’s son-in-law and senior adviser, stands to receive more than $400 million from a prominent Chinese company that is investing in the Kushners’ marquee Manhattan office tower at 666 …

New York City sues Verizon for failing to provide fiber broadband to all households The Verge The city of New York is suing Verizon for the carrier’s failure to provide fiber internet to almost a million of its residents.

How to position your portfolio for rate hikes USA TODAY Is your investment portfolio built to thrive when interest rates rise? Now is a good time to find out. After years of low borrowing costs, rates appear to be headed higher as the U.S.

Why your credit score could soon get bumped up CBS News Credit scores can help determine how much you pay for a house or car, or even whether you need to put a deposit down on utilities.

Tillerson used email alias at Exxon to talk climate: New York attorney general Reuters U.S. Secretary of State Rex Tillerson smiles during his meeting with Iraqi Oil Minister Jabbar al-Luaibi at the State Department in Washington, U.S.

RPT-ANALYSIS-Fed, in shift, may move to faster pace of rate hikes Nasdaq (Repeats with no changes to text) By Ann Saphir and Lindsay DunsmuirSAN FRANCISCO/WASHINGTON, March 14 (Reuters) – The Federal Reserve, which has struggled to stoke inflation since the financial crisis and up until now raised rates less frequently …

Gordmans Stores Files for Bankruptcy With Plan to Liquidate Bloomberg Gordmans Stores Inc., the century-old discount department store chain, filed for bankruptcy with plans to liquidate its inventory and assets.

DTE Energy: 7000 still without power; update at 10 am WDIV Detroit DETROIT – DTE Energy announced Tuesday morning 7,000 are still without power after last week’s high wind knocked out electricity to more than 800,000 customers.

Jet skier talks about near miss with cruise ship WTSP.com PORT CANAVERAL, Fla. — A couple of jet skiers, it seems, owe a debt of gratitude to a Port Canaveral harbor pilot and a Brevard County Sheriff Marine Unit deputy for averting a near-tragic situation late Saturday afternoon.

Cuban calls Trump a ‘Zoolander president’ at SXSW Fort Worth Star Telegram Mark Cuban, center, flanked by Adam Lyons and Michele Skelding, on the screen at a SXSW Interactive talk Sunday. Cary Darling cdarling@star-telegram.

Ivanka Trump to End Fine Jewelry Line in Favor of Mass-Market One New York Times Ivanka Trump at a Women’s Day luncheon at the White House. Ms. Trump licenses her name to various partners who manufacture her products.

Will Citrix finally find a courter? Reseller News Citrix could be having another go at getting itself sold, with fresh reports emerging on 14 March that the software vendor is working with advisors to find potential buyers for its US$13.3 billion business.

Fed anticipation and snow storm could put temporary freeze on market action CNBC The Fed begins its two-day meeting Tuesday, as a major snow storm blasts the East Coast. The market is awaiting the Fed’s third interest rate hike in 10 years, and that and the blizzard could mean stocks stall out in a light trading day.

Boeing and Ford power ahead with China expansion CNBC U.S. firms Boeing and Ford are powering ahead with China expansion plans, betting big despite the country’s economic slowdown.

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Trump Wrote Off $100 Million in Losses in 2005, Leaked Forms Show

March 15, 2017, 9:30 am

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Trump Wrote Off $100 Million in Losses in 2005, Leaked Forms Show New York Times A 2005 tax return belonging to President Trump was revealed on “The Rachel Maddow Show” on Tuesday. By ROBIN LINDSAY and DAVE HORN on Publish Date March 15, 2017.

What a Fed rate hike means for you (get ready to pay more) USA TODAY The expected Federal Reserve decision Wednesday to lift its benchmark short-term interest rate by a quarter percentage point is likely to have a domino effect across the economy as it gradually pushes up rates for everything from mortgages and credit …

Trump to pull back EPA’s fuel efficiency determination, opening the door for reduced standards Washington Post A senior White House official confirmed Tuesday that President Trump will reexamine fuel efficiency standards set in place during the Obama administration, opening the door for the regulations to potentially be reduced in the coming years.

Trump to announce do-over on fuel economy rules Channel3000.com – WISC-TV3 NEW YORK (CNNMoney) – President Trump is expected to announce a new review of federal auto fuel economy and emissions rules Wednesday at an event in Michigan.

US to Plan Indictments Related to Yahoo Hacking, Source Says Bloomberg U.S. officials are planning to issue indictments related to the hacking attacks against Yahoo! Inc., according to a person briefed on the matter.

Chinese Cosmetic Surgery Company Specializes in Ivanka Trump-Inspired Procedures PEOPLE.com Ivanka Trump has inspired some women in the U.S. to undergo plastic surgery procedures to look more like her, and a cosmetic-surgery firm in China believes she will inspire women abroad as well – so much so that they trademarked her name as part of …

California clears final hurdle for cancer label on Roundup ABC News A judge has ruled that California can require Monsanto to label its popular weed-killer Roundup as a possible cancer threat despite insistence from the agrochemical company that it poses no risk to people.

Tillerson May Face Deposition About ‘Wayne Tracker’ Alias Emails Bloomberg New York will seek to question top Exxon Mobil Corp. executives under oath as part of a probe into the accuracy of the company’s statements about climate change after discovering an email alias used by former Chief Executive Officer Rex Tillerson …

Lawsuit: Defective robot killed factory worker; human error to blame Detroit Free Press At the sprawling auto-parts factory, while working in the male-dominated industry of robot technicians, Wanda Holbrook was in a league of her own.

Texans Get First Land Notices for Trump’s Border Wall Daily Beast Texans who live in the way of President Trump’s proposed border wall have received the first letters, called a “Declaration of Taking,” from the U.S.

How to Lose $4 Billion: Bill Ackman’s Long Ride Down on Valeant Bloomberg Bill Ackman was used to the question: how could he stick with a loser like Valeant? But here it was again, this time over lunch with investors and bankers in London on Feb. 28.

CEOs express optimism about Trump’s plans for taxes, spending Los Angeles Times The nation’s top chief executives like what they’re seeing and hearing from President Trump and his fellow Republicans, according to survey results released Tuesday by the Business Roundtable.

Toshiba Said to Offer Equity, Real Estate as Loan Collateral Bloomberg Toshiba Corp. is offering stock holdings and real estate as collateral to lenders as it seeks additional financial support amid multi-billion losses in its U.S.

Long flight delays followed Fort Lauderdale airport shooting USA TODAY WASHINGTON – Airlines suffered dozens of lengthy tarmac delays in January, with more than half of the unusual total blamed on the shootings in Fort Lauderdale that delayed one flight nearly eight hours, the Transportation Department announced Tuesday.

IEA says oil market could tilt into deficit in the first half if OPEC sticks to cuts Reuters An Iranian man works on an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005.

Volkswagen Leaves Door Open to Merger With Fiat Chrysler Fortune Volkswagen left the door open to a potential tie-up with Fiat Chrysler or another rival on Tuesday, as a drop in operating profit at its biggest car brand showed the challenges it still faces 18 months on from its emissions scandal.

Trump to nominate Goldman Sachs’ Donovan as deputy Treasury secretary CNBC U.S. President Donald Trump will nominate Goldman Sachs banker James Donovan as deputy Treasury secretary, the White House said on Tuesday, adding another alumnus of the Wall Street investment bank to his administration.

Kushners, Trump In-Laws, Weigh $400 Million Deal With Chinese Firm New York Times 666 Fifth Avenue in Manhattan, whose owner, the Kushner Companies, is negotiating a $400 million sale of its stake to the Chinese company Anbang Insurance Group.

Saks Owner Hudson’s Bay in Talks to Buy Neiman Marcus Fox Business Neiman Marcus Group Ltd. is in talks to sell itself to the parent of Saks Fifth Avenue, according to people familiar with the matter, as the two upscale chains struggle with a shift away from traditional stores, even among the wealthiest shoppers …

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How Fed hike will affect mortgages, car loans, credit cards

March 16, 2017, 9:30 am

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How Fed hike will affect mortgages, car loans, credit cards Washington Post WASHINGTON – Are mortgage rates going up? How about car loans? Credit cards? How about those nearly invisible rates on bank CDs – any chance of getting a few dollars more?

Trump releases $1.1 trillion ‘hard power budget’ with cuts to State Dept, EPA CNN (CNN) President Donald Trump released a $1.1 trillion budget outline Thursday that proposes a $54 billion increase in defense spending corresponding cuts to non-defense spending at the State Department, the Department of Housing and Urban …

Yahoo breach spotlights links between Russian spies, hackers Washington Post MOSCOW – A U.S. indictment of two Russian intelligence agents and two hackers alleged to have stolen more than half a billion U.S.

Trump Rolls Back Obama-Era Fuel Economy Standards NBCNews.com Declaring his goal of making Detroit “the car capital of the world again,” President Donald Trump visited the Motor City on Wednesday bearing what could be a major gift for the domestic carmakers – but one that quickly raised concerns among …

The ruling in this Maine labor dispute hinged on the omission of an Oxford comma Washington Post “For want of a comma, we have this case.” Those words open Maine Circuit Judge David Barron’s opinion on a labor dispute between a dairy company and its delivery drivers.

China consumer day show skewers Nike shoes, Muji foods Reuters SHANGHAI China’s annual consumer rights day television show turned its spotlight on U.S. sports brand Nike Inc (NKE.N) for misleading advertising and Japanese brand Muji for selling food products allegedly sourced from part of Japan affected by radiation.

Canada Goose Raises C$340 Million in Dual-Listing IPO Bloomberg Canada Goose Holdings Inc., the maker of $900 parkas worn by celebrities from Toronto rapper Drake to Blue Jays slugger Jose Bautista, raised C$340 million ($256 million) in its initial public offering, pricing the shares above the marketed range.

Trump to Propose Spinning Off US Air-Traffic Control From FAA Bloomberg President Donald Trump is backing a controversial effort to place the U.S. air-traffic system under control of a nonprofit corporation as part of his budget plan.

Fed-PBOC Moves Hint at Calibration Mooted a Year Ago at G-20 Bloomberg In the space of 10 hours spanning various time zones, the U.S. Federal Reserve lifted interest rates and reassured markets it doesn’t have an itchy trigger finger on Wednesday.

Monsanto Weed Killer Roundup Faces New Doubts on Safety in Unsealed Documents New York Times A scanning machine illuminating a bottle of Roundup, a weed killer, as it moved along a production line at a facility in Antwerp, Belgium, owned by Monsanto.

Lawsuit: Malfunctioning robot killed Michigan woman at work Fox News A malfunctioning robot fatally crushed a woman’s head as she adjusted machinery at her job, according to a wrongful death lawsuit filed in federal court by her husband.

Bank of Japan on Hold Falls Further Behind Its Global Peers Bloomberg In the space of a day the Federal Reserve and China’s central bank raised borrowing costs, while the BOJ stood pat. With its core inflation target just a distant goal, the Bank of Japan still has a long haul ahead despite four years of the world’s most …

Oracle’s Cloud Business Shows Momentum as Sales, Profit Beat Bloomberg Oracle Corp. posted third-quarter revenue and profit that topped analysts’ estimates, signaling growing demand for the software maker’s cloud-based services that compete with Amazon.

Group of 17 Republicans sign US House resolution to fight climate change CNBC Rep. Elise Stefanik, R-N.Y., walks down the House steps following a vote in the Capitol. A group of 17 Republican members of Congress signed a resolution on Wednesday vowing to seek “economically viable” ways to combat global warming, a move that …

The ‘Very Strange’ Item on Trump’s 1040: Alternative Minimum Tax Bloomberg Leaked pages of President Donald Trump’s 2005 tax return offer no new details about his foreign income and business dealings but highlight a tax he’s vowed to abolish.

India’s Agarwal takes 12% stake in Anglo American MarketWatch LONDON — The family trust of the founder of India’s largest mining company is investing $2.44 billion in Anglo American PLC, a huge outlay on the British mining company that a year ago was locked in a desperate struggle to right itself from a sharp …

Soda spill prompts emergency landing in Jacksonville Orlando Sentinel Flights out of Orlando International Airport have been grounded by harsh winter weather up north. Florida Times-Union. Privacy Policy.

GoPro: Bottoming Signs Seeking Alpha The company still has a lot to prove to the market in order to justify an investment. After the close, GoPro (NASDAQ:GPRO) surprised the market on multiple fronts.

American Airlines CEO admits crew uniform debacle is a ‘huge problem’ Fox News American Airlines CEO Doug Parker admitted last week that the airline’s ongoing crew uniform crisis is “as difficult an issue as we’ve ever had to deal with,” according to the Chicago Business Journal.

Nvidia And Bosch Teaming Up To Make Computer Brains For Automated Cars Forbes On the heels of Intel’s $15.3 billion plan to buy computer vision powerhouse Mobileye to lock in a big piece of the automated car tech market, Nvidia and Bosch are teaming up to make an AI-enabled computer that can be mass-produced to serve as the …

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Comma comeuppance: When rogue punctuation proves costly

March 17, 2017, 9:30 am

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Comma comeuppance: When rogue punctuation proves costly BBC News A US dairy faces an overtime bill of about $10m (£8m), after a group of truck drivers won a pay dispute that hinged on some punctuation.

McDonald’s official Twitter account mocks Trump’s ‘tiny hands’ Politico McDonald’s seemed to challenge President Donald Trump to a Twitter war on Thursday morning before quickly walking it back, saying its account had been “compromised.

That Surging IPO Just Made Canada Goose an Even Bigger Protest Target Bloomberg The Canada Goose-wearing pedestrians who happened to walk past the jackets at the New York Stock Exchange on Thursday had far less fun than the Canada Goose executives who rang the opening bell.

GoPro Surges After Job Cuts Bring Elusive Profit Goal Closer Bloomberg GoPro Inc. shares rose the most in almost a year after the action-camera maker unveiled a second round of job cuts that get it closer to an elusive goal of making a profit.

Rate hikes: Now the question is, how quickly? CBS News The wise New York Yankee Yogi Berra once said: “I never make predictions, especially about the future.” But Federal Reserve policymakers, who announced a quarter-point interest rate increase on Wednesday, made clear they expect two more such hikes …

German Authorities Raid US Law Firm Leading Volkswagen’s Emissions Inquiry New York Times Volkswagen cars are lifted inside a delivery tower in Wolfsburg, Germany this week. The carmaker is the subject of a wide-ranging inquiry into an emissions-cheating scheme.

A US ‘ally’ fired a $3 million Patriot missile at a $200 drone. Spoiler: the missile won. Washington Post With a price tag of about $3 million, the U.S. Army’s Patriot missile is among the most sophisticated, not to mention costliest, surface-to-air defense weapons in the world.

Caterpillar seeks ex-US att’y general’s help over govt probe CNBC A vehicle displaying a U.S. Department of Commerce Bureau of Industry and Security Office of Export Enforcement Police windshield placard sits parked outside Caterpillar Inc. headquarters in Peoria, Illinois.

Local housing officials wary of proposed Trump cuts Las Vegas Sun Housing and Urban Development Secretary Ben Carson speaks to HUD employees in Washington. D.C., earlier this month. President Donald Trump’s budget released Thursday proposed a 13.2 percent decrease in funding for HUD, prompting local officials …

Euro zone lifted as ECB joins central bank trend Reuters Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, March 16, 2017.

Why This Market Researcher Lowered Its Revenue Expectations for Snap Motley Fool Analysts haven’t been kind to Snap (NYSE:SNAP) since it made its IPO. Not one analyst has given Snap stock a buy rating, and shares have fallen considerably from its opening price at the beginning of the month.

Massive 706-carat diamond unearthed in Sierra Leone CNN (CNN) A pastor has unearthed a massive gem in eastern Sierra Leone. Pastor Emmanuel Momoh, who also works as a miner, discovered the 706-carat diamond in Kono district, the government said in a statement.

Germany Treads Carefully Toward Climate Confrontation With Trump Bloomberg The German government will release next week a plan for the Group of 20 economies to address climate change, taking a cautious step toward confronting U.S.

President Trump, Please Plug Those Leaks National Review The word “leaks” does not begin to describe President Donald J. Trump’s problem. “Geysers” is more like it. He should apply a giant wrench to this deluge.

Apple Plans Two More Chinese Research Hubs as iPhone Sales Slow Bloomberg Apple Inc. has revealed plans to set up two more research centers and boost investment in China, a pivotal market in which the iPhone has been rapidly elbowed aside by local rivals.

Ex-Wells Fargo exec’s $53 million in stock options is likely to be clawed back CNBC Wells Fargo’s board will likely take further action on the bank’s former head of the community bank, Carrie Tolstedt, and all of her options could be clawed back.

Mnuchin May Soften Brazen US Trade Talk in His G-20 Debut Bloomberg Treasury Secretary Steven Mnuchin may offer the Group of 20 something the world hasn’t heard yet from the new U.S. administration on currency and trade policy: reassurance.

Nvidia just boosted its self-driving car tech in a major way Mashable The company, known for its mobile chips and graphics tech, announced partnerships with Bosch, the largest automotive supplier in the world, and PACCAR, a major truck manufacturer, to develop self-driving vehicle systems.

Father of Trump deputy treasury pick at center of family dispute The Boston Globe James Donovan, a Goldman Sachs banker, is about to take the hot seat as President Trump’s nominee to the number two job at the Treasury Department.

Wal-Mart adds vintage vendor ModCloth to its growing collection of fashion-focused e-commerce sites Los Angeles Times Wal-Mart is getting even more serious about fashion. The retailer is expected to announce Friday that is has bought ModCloth, an e-commerce site known for selling vintage clothing and its own line of apparel in a full range of sizes.

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Morning Agenda: The Exodus From Uber Continues

March 20, 2017, 9:30 am

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Morning Agenda: The Exodus From Uber Continues New York Times Uber is not just struggling to right the ship, its problems may actually be getting worse. Jeff Jones, the president of ride sharing and the No.

Vodafone, Idea in $23 billion deal to create new Indian telecom leader Reuters Kumar Mangalam Birla (L), chairman of Aditya Birla Group, shakes hands with Vittorio Colao, CEO of Vodafone Group, after a news conference in Mumbai, India March 20, 2017.

Oil Prices Seen Stuck Below $60 This Year as High Stocks Persist Bloomberg An historic agreement between OPEC countries and other oil producers to reduce their output won’t be enough to nudge crude prices above $60 a barrel this year, according to energy lender Arab Petroleum Investment Corp.

Stocks baulk at G20’s protectionism shift, dollar six-week low Reuters People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett/File photo.

Cuomo Plots Demise of Bronx’s Unloved Sheridan Expressway New York Times The Sheridan Expressway, also known as I-895, in the Bronx. Gov. Andrew M. Cuomo endorsed turning the roadway into Sheridan Boulevard, with landscaped medians and at least two crosswalks.

G20 ministers give Mnuchin space to define Trump trade agenda Reuters U.S. Treasury Secretary Steve Mnuchin after meeting with German Finance Minister Wolfgang Schaeuble in Berlin, Germany, March 16, 2017.

Berkshire Opposes Political Contribution Disclosure, Fossil Fuel Divestment Proposal Insurance Journal Warren Buffett’s compensation for running Berkshire Hathaway Inc. edged up 4.0 percent last year to $487,881 reflecting the higher cost of keeping the world’s second-richest person safe.

5 Things You Must Know Before the Market Opens Monday TheStreet.com U.S. stock futures are lower and European stocks decline Monday after G-20 Finance Ministers drop a pledge to oppose trade protectionism because of resistance from the Trump administration.

Trump Wants Right To Say ‘You’re Fired’ to Consumer Protection Head Forbes Donald Trump’s animosity toward Dodd-Frank, the legislation that was a reaction to the global financial meltdown, is well documented.

IBM launches blockchain as a service for the enterprise ZDNet screen-shot-2017-03-20-at-08-12- IBM. IBM has announced the launch of IBM Blockchain, a commercial service aimed at giving enterprise players the option to build their own scalable and secure blockchain networks.

2 reports, 1 conclusion: energy shift must start soon ABC News The world must swiftly shift energy production away from fossil fuels if it is to prevent a dangerous increase in global temperatures, according to separate reports released Monday by two international agencies.

New ‘Basic Economy’ Airfares May Not Be As Cheap As You Think NPR The big three U.S. airlines – American, Delta and United – are all taking on the discount carriers by offering no-frills, discounted fares, called “basic economy.

Opel cleared in French emissions probe; others accused of fraud USA TODAY PARIS – French investigators say they have found evidence of possible emissions fraud in Fiat, Renault, Peugeot-Citroen and Volkswagen cars sold in France, but have found no proof of fraud in Opel vehicles.

IBM’s Watson Is Tackling Healthcare With Artificial Intelligence Motley Fool The company has been making a splash in AI, and its investments in the healthcare industry are starting to produce results. Danny Vena.

Downtown Minneapolis Macy’s closes for good MinnPost An era officially ends. The MPR story on the final closing of Macy’s in downtown Minneapolis says, “The downtown Minneapolis Macy’s store closes its doors for good Sunday night.

Brazil Moves to Calm Beef Crisis, Temer Heads to Steakhouse Bloomberg Brazil’s government moved to head off a crisis over allegations that meat exporters had bribed inspectors to approve tainted beef for sale and export by summoning ambassadors to reassure them they have nothing to worry about.

Lockheed Martin To Deliver World Record-Setting 60kW Laser To US Army Photonics Online Bothell, WA /PRNewswire/ – Lockheed Martin (NYSE: LMT) has completed the design, development and demonstration of a 60 kW-class beam combined fiber laser for the U.S.

Losing net neutrality could kill your business Asbury Park Press Three days after President Donald Trump took office, he named Ajit Pai to be the new chairman of the Federal Communications Commission.

Tesla Bankruptcy Chances Increased Exponentially With The Capital Raise Seeking Alpha The small raise means Tesla will run out of money during a bad Model 3 ramp and make it difficult to get future raises on advantageous terms.

Lobster-Crazy China Sets Record for US Crustacean Imports Fox Business FILE – In this June 12, 2015 file photo, lobster are seen at the Clam Shack in Kennebunkport, Maine. The state’s lobstermen set a record for the value of the lobster catch for the seventh year in a row.

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No electronics on some US-bound jets from Mideast, Africa

March 21, 2017, 9:30 am

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No electronics on some US-bound jets from Mideast, Africa Washington Post WASHINGTON – The U.S. government is ordering passengers on nonstop, U.S.-bound flights from a handful of mostly Middle Eastern and North African countries to pack electronic devices other than cellphones in their checked baggage.

Trump drops 208 spots on Forbes list of billionaires Washington Post This story has been updated. Donald Trump is $1 billion poorer since becoming president, according to Forbes’s latest list of the world’s billionaires.

Facebook and Google predicted to make $106 billion from advertising in 2017, almost half of world’s digital ad spend CNBC A smartphone with the logo of the Youtube video sharing website on the screen, in front of a computer screen showing the front page of Youtube.

Fed’s Dudley Says Wells Fargo Shows Bank Culture Needs Improving Bloomberg The scandal involving Wells Fargo & Co. that surfaced last year shows the U.S. banking industry still has work to do on improving its culture, Federal Reserve Bank of New York President William Dudley said.

David Rockefeller, Philanthropist and Head of Chase Manhattan, Dies at 101 New York Times David Rockefeller, the banker and philanthropist with the fabled family name who controlled Chase Manhattan bank for more than a decade and wielded vast influence around the world for even longer as he spread the gospel of American capitalism, died on …

Here’s Proof Your Startup Needs HR Bloomberg The founder of Thinx has lost control of the period-underwear company largely because of one serious blind spot: human resources. As the startup expanded and pulled in tens of millions in revenue, then-Chief Executive Officer Miki Agrawal never …

General Mills beats profit expectations but sales fall shy MarketWatch Shares of General Mills Inc. GIS, -0.66% fell 0.8% in premarket trade Tuesday, after the branded consumer foods company reported a fiscal third-quarter profit that beat expectations but sales that fell a bit short.

GLOBAL MARKETS-Asian shares at 21-month highs, dollar soft on Fed views Nasdaq … * U.S. bond yields ease, taking dollar with them * Chicago Fed Evans says two more rate hikes likely this year * Asia shares hit 21-month high * Oil prices tick up on hopes of extended OPEC-led output curb * European shares seen opening slightly …

Will Snap hit $24 in the next four months? Options traders say it’s a coin flip CNBC Investors who have lost money in Snap shouldn’t look to the options market for comfort. Over the next few months, Snap shares have only a 50 percent chance of so much as touching the $24 level at which they began trading a few weeks ago, based on an …

Buffett’s Berkshire Hathaway stock has run up enough since Trump election: analyst MarketWatch A cautionary ratings action for Warren Buffett’s Berkshire Hathaway Inc. by analyst Kai Pan at Morgan Stanley may speak louder than his bullish words about the insurance-powered conglomerate.

Your Target store is about to look a lot different. Here’s what to expect CNBC Target on Monday gave shoppers a peek at what its $7 billion investment into the business could mean for their local stores. Coming to the Houston area in October, Target’s first fully redesigned shop will include two separate entrances: one for time …

Oil prices climb on talk that OPEC could extend supply cut Reuters FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo.

Man Draws $4.3M IRS Penalty For Lending $100K To Struggling Business Forbes No good deed goes unpunished, as the saying goes. On first impression, that’s what happened to Dr. Robert McClendon, a Texas physician.

Uber’s Messy Breakup Complicates Search for COO Bloomberg Jeff Jones, who resigned as president, clashed with the CEO and unsuccessfully advocated for in-app tipping and other changes. by.

Albertsons Gazes Into the Future and Envisions Organic Bananas Bloomberg Every grocery chain seeking to thrive in the modern world must provide organic kale alongside the Hot Pockets and Fritos. That point was driven home by merger talks in recent weeks between Albertsons Cos.

Ride-hailing rivals can agree: New Indonesian regulations are a headache CNBC It’s a street battle with plenty of fumes. Taxi drivers versus ride hailing apps – a drama that’s played out in major cities around the world.

Target taps Kroger executive to fix one of its biggest trouble spots CNBC Target on Monday took a step toward fixing one of its biggest trouble spots: Food. The discount retailer said it has hired Kroger executive Jeff Burt to head up the company’s ailing grocery business.

Morning Agenda: Walmart Makes Another Push Online New York Times A Walmart store in Maplewood, Mo. The company is starting Store No. 8, an internal venture meant to create new online retail businesses.

SoftBank invests $300 million in shared-office startup WeWork: source Reuters FILE PHOTO – A guest attends the opening ceremony of WeWork Hong Kong flagship location in Hong Kong, China February 23, 2017. REUTERS/Bobby Yip/File Photo.

UK Inflation Gains More Than Forecast, Breaching BOE Goal Bloomberg U.K. inflation accelerated more than economists forecast in February, breaking through the Bank of England’s target for the first time in more than three years.

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Sears warns of ‘going concern’ doubts

March 22, 2017, 9:30 am

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Sears warns of ‘going concern’ doubts Nasdaq … * Lost more than $2 bln last year * Sale of Craftsman brand to help satisfy capital needs this year * Limits on further assets it can sell (Adds income and debt figures, asset sale details, background) By Ankit Ajmera and Nathan LayneMarch 21 …

US Labor nominee Acosta says he’ll advocate for workers Washington Post WASHINGTON – Labor Secretary nominee Alexander Acosta says he will work with Congress to address the need for good, safe jobs and to provide American workers with the training they need to get them.

One key stumbling block is causing Wall Street to question Trump’s whole economic agenda Business Insider A fierce battle over Trumpcare within the Republican Party is causing Wall Street to sharply reassess its optimism about Donald Trump’s economic policy agenda, as evidenced by the sharpest sell off in stocks this year.

Airbnb makes a late play for China CNNMoney The short-term rental startup paid little attention to the world’s most populous country for years. But it’s now stepping up efforts to appeal to China’s growing ranks of young people with money to spend on travel.

US and UK ban laptops and other devices on flights from Middle East CNNMoney The U.S. and U.K. on Tuesday banned people flying from much of the Middle East and North Africa from carrying laptops, tablets and other large electronic devices in the airplane cabin because of concerns about terrorism.

Amazon to expand counterfeit removal program in overture to sellers CNBC An Amazon.com employee lifts a box from a conveyor at the company’s fulfillment center in Tracy, California. Amazon.com is expanding a program to remove counterfeit goods from its website this spring as part of a broader push to assure brand owners …

FedEx (FDX) Misses on Q3 Earnings, Strong Q4 Anticipated Zacks.com FedEx Corporation’s (FDX – Free Report) third-quarter fiscal 2017 (ended Feb 28, 2017) earnings per share (on an adjusted basis) of $2.35 fell short of the Zacks Consensus Estimate of $2.63.

Uber details early steps to change culture, and ongoing COO search TechCrunch Uber held a special press call on Tuesday, hosted by board member Arianna Huffington and staffed with three of its highest ranking female staff, including North American operations lead Rachel Holt, Chief HR officer Liane Hornsey and company comms lead …

Yen extends gains amid market selloff, hits 111.25 per dollar Financial Times The yen has hit a fresh four-month high against the dollar, passing 111.3 per dollar for the first time since November 23 as the biggest wobble in the Trump Trade so far boosts the typical beneficiaries from a shift to haven assets.

The 5 most shocking allegations brought against former THINX CEO Miki Agrawal CNBC Miki Agrawal, the founder, former CEO and now “SHE-eo” of THINX who aimed to take on the feminine hygiene industry, finds herself awash in allegations that she touched employees inappropriately and created a hostile work environment.

Carl’s Jr./Hardees CEO, Trump’s pick for Labor, retires USA TODAY The parent company of the Carl’s Jr. and Hardee’s chains on Tuesday named a new CEO to replace Andy Puzder, who last month withdrew his nomination to be Labor Secretary under President Trump.

Chipotle Tries to Rebuild Trust With Parents After Safety Crisis Bloomberg Chipotle Mexican Grill Inc., whose rapid growth was fueled by millennials enamored of the chain’s signature fresh ingredients, is looking to families to help it recover from a food-safety crisis that tarnished its carefully crafted image.

A record number of investors think this market is overvalued CNBC Professional investors are starting to worry that stock prices are getting out of hand compared with where they should be. Valuation has been a key concern of late for market participants in a bull market that just passed its eighth anniversary.

AkzoNobel rejects improved bid from US rival PPG CNBC Dutch paints and coatings maker AkzoNobel rejected a second takeover proposal from U.S. rival PPG Industries saying an improved 22.4 billion-euro ($24.1 billion) offer was too low and too risky.

Costco takes a swing at Titleist over golf balls CBS News The staid world of golf is heating up over dimples and curves. Costco (COST) is suing golf-ball maker Titleist over the right to produce its own — and lower-priced — golf balls.

AI Expert at Baidu, Andrew Ng, Resigns From Chinese Search Giant New York Times Andrew Ng, an alumnus of Stanford and Google, in 2012. Credit Jim Wilson/The New York Times. Advertisement. HONG KONG – In 2014, Baidu announced a hiring coup in the world of artificial intelligence: It had brought in the Stanford and Google alumnus …

Trump’s EPA budget proposes harshest funding, staffing cuts in agency’s history Washington Times Environmental Protection Agency Administrator Scott Pruitt has agreed with President Trump’s intention to return the agency to its “core mission” of ensuring clean air and clean water.

Dublin Is Best EU City for Bankers Fleeing Brexit, Study Says Bloomberg Dublin is the best destination in the European Union for London-based bankers forced to move after Brexit, according to an index of 15 cities compiled by a relocation company.

Li Ka-Shing’s Main Companies to Increase Dividend Payments Bloomberg Billionaire Li Ka-shing’s two main companies raised their dividend payments as Hong Kong’s richest man followed through on a pledge to shareholders after completing the biggest-ever reorganization of his business empire.

Where The Wealthiest Live: Cities With The Most Billionaires Forbes It’s official: There are more billionaires than ever spread across the globe: This year’s FORBES list of the 2,043 richest spans six continents, 71 countries and territories and hundreds of cities.

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Trump approves Keystone pipeline

March 24, 2017, 9:30 am

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Trump approves Keystone pipeline The Hill  – ‎57 minutes ago‎ The Trump administration gave the Keystone XL pipeline its key federal permit Friday, clearing a major hurdle for the project that former President Barack Obama · Barack ObamaTrump approves Keystone pipeline Spicer: Trump is ‘very confident that he … Eurozone recovery picking up pace, PMIs show MarketWatch The eurozone’s economy may have picked up during the first three months of 2017, according to surveys of purchasing managers released Friday, raising expectations that the European Central Bank will consider a moderation of its stimulus measures over … The Senate just voted to undo landmark rules covering your Internet privacy Washington Post Senate lawmakers voted Thursday to repeal a historic set of rules aimed at protecting consumers’ online data from their own Internet providers, in a move that could make it easier for broadband companies to sell and share their customers’ usage … Crude oil breaks 4-day losing streak after Saudis slash exports to US MarketWatch Crude oil prices broke a four-day run of losses on Friday, heading higher after OPEC kingpin Saudi Arabia said it has cut its oil exports to the U.S. Airlines try to ease laptop ban headache for passengers NBC2 News Airlines that fly from certain countries in the Middle East and Africa to the U.S. must require passengers to check in almost all electronic devices rather than carry them into the cabin, said a U.S. YouTube Advertiser Exodus Highlights Perils of Online Ads New York Times German students took a workshop in January on how to become a “rock star” user on YouTube. Credit Nicolas Armer/Picture-Alliance, via Associated Press. Amazon.com wins $1.5 billion tax dispute over IRS CNBC Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Coffee wars! Wall Street runs on Dunkin’, not Starbucks WQAD.com NEW YORK (CNNMoney) – Black, or with milk? Sugar, or no sweetener? People love their morning coffee, and they are very specific about it. Disney CEO Robert Iger extends his contract as search for a successor continues Los Angeles Times Walt Disney Co. Chairman and Chief Executive Robert Iger has extended his contract by one year, underscoring the challenges the company’s board of directors has faced in finding a successor to lead Hollywood’s iconic entertainment giant. Why Morgan Stanley Is So Bullish on Tesla and the Model 3 Fortune Tesla’s upcoming Model 3 vehicle will be equipped with hardware and software that could make it 10 times safer than the average car on the road, Morgan Stanley analyst Adam Jonas suggests in a research note released Thursday. Harris County drops to No. 2 nationally in population growth, according to Census data Houston Chronicle After eight straight years of boom – adding more new residents than any county in the nation – Harris County in 2016 felt some of the oil bust’s sting. Photo gallery: New Hong Kong leader, as anointed by Beijing The Seattle Times HONG KONG (AP) – On Sunday morning, a select group of tycoons, business leaders, politicians and trade and industry group representatives will gather in a cavernous exhibition center to vote for the next leader of Hong Kong. Virgin America will be the latest airline brand to disappear mySanAntonio.com FILE – In this Monday, April 4, 2016, file photo, a Virgin America plane taxis past an Alaska Airlines plane waiting at a gate, at Seattle-Tacoma International Airport in Seattle. Muddy Waters’ Target Hushain Dairy Collapses But Not Even The Short Seller Is Sure Why TheStreet.com Mystery surrounds the Chinese dairy group after its stock fell 85%, wiping out $4 billion of equity, three months after Carson Block’s Muddy Waters said it was worthless. In Exxon climate change probe, how will the ‘lost emails’ be recovered? Christian Science Monitor A New York state judge has ordered ExxonMobil Corp. to cooperate with New York’s attorney general in recovering lost emails from the ‘Wayne Tracker’ account once used by US secretary of State Rex Tillerson. The 3 things you should know about your credit score after Experian’s $3 million fine MarketWatch Despite the recent cases against credit reporting agencies, maintaining a healthy credit score is not that complicated. In theory, at least. Sweet News: Germany’s Haribo to Produce Gummy Bears in USA U.S. News & World Report Germany’s iconic gummy bear will soon be “Made in USA.” Bonn-based Haribo, which invented the gummy bear nearly a century ago, said Friday it would open a U.S. Venezuela: queueing to survive Reuters A single mom tells Venezuela’s president, Nicolas Maduro, on live television that she cannot afford to adequately feed her four kids, and he quickly changes the subject to joke about her foreign-sounding name, Joandry Smith. Blackstone sells stake in SeaWorld to China’s Zhonghong Zhuoye Nasdaq (Adds details) March 24 (Reuters) – China-based Zhonghong Zhuoye Group Co Ltd will buy Blackstone Group LP’s <BX.N> 21 percent stake in SeaWorld Entertainment Inc <SEAS. Feds latest interest rate hike unlikely to jolt NYC apartment market, say brokers Real Estate Weekly Experts believe New York City’s residential market won’t be too shaken by the new interest rate hikes, and with the expected tax cuts for top-earning Americans, the luxury market could even get a boost.

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After Barring Girls for Leggings, United Airlines Defends Decision

March 27, 2017, 9:30 am

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After Barring Girls for Leggings, United Airlines Defends Decision New York Times United Airlines barred two teenage girls from boarding a flight on Sunday morning and required a child to change into a dress after a gate agent decided the leggings they were wearing were inappropriate.

Trump trade doubts send dollar, shares tumbling Reuters LONDON The dollar and share prices tumbled on Monday, as investors worried that U.S. President Donald Trump’s defeat over healthcare reform foreshadowed difficulties delivering other key campaign promises, in particular tax cuts and spending.

Dow-DuPont Deal Wins Conditional Antitrust Approval From EU Bloomberg Dow Chemical Co. and DuPont Co. won European Union approval for a $77 billion merger, overcoming regulators’ concerns with hefty concessions, including the sale of large parts of DuPont’s global pesticide business.

Publishers Retreat From the Risks of Google-YouTube Advertising New York Times The Google campus in Mountain View, Calif. The Guardian is among the organizations that have pulled advertising from Google amid concerns that it is not doing enough to prevent brands from showing up alongside offensive content.

GLOBAL MARKETS-Stocks stumble on US policy woes; Trumpflation trades suffer Reuters HONG KONG, March 27 U.S. stock futures and the dollar fell on Monday while Asian markets struggled as President Donald Trump’s failure on healthcare reform raised questions about his ability to push through tax cuts and fiscal spending to boost the …

Will New York keep the “Fearless Girl” statue on Wall Street? The Denver Post In this March 22, 2017 photo, the Charging Bull and Fearless Girl statues are sit on Lower Broadway in New York. Since 1989 the bronze bull has stood in New York City’s financial district as an image of the might and hard-charging spirit of Wall Street …

GameStop closing at least 150 stores amid sales decline The Denver Post GameStop employee Randi Taber stacks copies of “Call of Duty: Modern Warfare 3” during a launch event for the highly anticipated video game at a GameStop Corp.

Push for Internet Privacy Rules Moves to Statehouses New York Times People using computers at a coffee shop in New York City. As Congress moves to roll back rules limiting access to consumer data, some state legislatures are poised to move in the other direction.

Now You Can Donate to Charity With the Change From Your Lyft Fare Fortune Ride-hailing service Lyft is adding a payment option that allows passengers to round up their fare to the nearest dollar and donate the difference to charity.

Toshiba wants Westinghouse to file for bankruptcy as early as Tuesday: source Reuters FILE PHOTO – A logo of Toshiba Corp is seen outside an electronics retail store in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai/File Photo.

Emirates Will Adjust US Offering if Laptop Ban Hurts Demand Bloomberg Emirates will adjust its offering if customer demand drops following a U.S. ban on in-flight electronics and called for the measure to be imposed more widely.

Oil slips towards $50 on doubts over output-cut extension Reuters Pump jacks are seen in the Lost Hills Oil Field, California April 20, 2015. REUTERS/Lucy Nicholson. By Alex Lawler | LONDON. LONDON Oil fell further towards $50 a barrel on Monday, pressured by uncertainty over whether an OPEC-led production cut will …

California’s Clean-Air Problem Is a Lot Bigger Than Just Trump Bloomberg No state is tougher on dirty air than California. How tough? So tough that, if trends hold, it may fall short of its own goals. As President Donald Trump moves to roll back decades worth of regulation, the Golden State has positioned itself as America …

On the up: German business morale brightest in nearly six years Reuters FILE PHOTO: Clothes are pictured in the new Adidas Originals store before the opening in Berlin, March 27, 2014. REUTERS/Stefanie Loos/File Photo.

American Airlines Seeks China Southern Tie-Up as Traffic Booms New York Times A China Southern Airlines jet landing in Manila in 2012. The airline, the biggest in China, said it was in talks with American Airlines about a “major strategic cooperation.

BT Shares Extend Losses As Regulatory Headwinds Mount TheStreet.com BT Group plc (BT) stock extended losses Monday after British regulator Ofcom slapped another fine on the communications provider for the shoddy treatment of business broadband customers dealing with its Openreach division, the national monopoly in …

Some Virginians May Have to Wait a Little Longer for Tax Refunds

NBC4 Washington A 1040 tax form appears on display, Tuesday, Jan. 10, 2017, in New York. The IRS is delaying tax refunds for millions of low-income families as the agency steps up efforts to combat identity theft and fraud.

Qatar to Boost US Interests With Silicon Valley Office Bloomberg Qatar’s sovereign wealth fund plans to open an office in Silicon Valley, as the richest country in the world on a per capita basis builds up technology interests as it tries to diversify away from oil and gas.

USDA Chicken Recall: OK Foods Products Could Have Metal Contamination Patch.com OKLAHOMA CITY, OK – Over 900,000 pounds of breaded chicken products that may possibly be contaminated with metal have been recalled by OK Foods, the USDA’s food safety and inspection service said in a news release.

Supervisor: UK Banks Need Solid EU Roots to Access Bloc U.S. News & World Report A top banking supervisor says that British banks must put down solid roots if they want European banking licenses to keep access after the UK leaves the European Union.

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Trump touts ‘big announcement’ from Ford

March 28, 2017, 9:30 am

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Trump touts ‘big announcement’ from Ford The Hill President Trump early Tuesday touted a “big announcement” by Ford Motor Co., which later in the day is expected to say it will invest in three Michigan manufacturing plants.

Trump takes biggest swing yet at Obama climate legacy Politico President Donald Trump will direct the federal government on Tuesday to begin dismantling his predecessor’s most significant climate change policies, with a sweeping directive telling agencies to stop trying to reduce the carbon pollution of electric …

Elon Musk is founding another company CNBC The company – called Neuralink – will be the vehicle for the development of the “neural lace” Musk discussed on Twitter and elsewhere, the The Wall Street Journal first reported.

Amazon Buys Souq.com U.S. News & World Report Mideast’s biggest online retailer Souq.com bought by Amazon for undisclosed amount after counteroffer of $800 million. | March 28, 2017, at 6:13 a.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. Amazon Buys Souq.com. MORE.

Leggings, spandex, yoga pants: You can wear what you want on a flight, but beware ‘buddy pass’ rules USA TODAY United Airlines found itself in the middle of a public relations kerfuffle this weekend after it did not allow two young girls to board a flight because they were wearing leggings.

From health care to tax reform: Paul Ryan’s empty-suit act is about to get worse Salon For years now, Rep. Paul Ryan, R-Wis., has bamboozled huge numbers of political journalists and Beltway insiders into believing he’s some kind of policy genius, a reputation he parlayed into a running-mate role for Mitt Romney in 2012 and eventually …

EPA’s Pruitt facing challenge from conservatives – Honolulu, Hawaii news, sports & weather – KITV Channel 4 KITV Honolulu (CNN) — Scott Pruitt’s first weeks leading the Environmental Protection Agency have been marked by infighting among competing factions, three sources tell CNN, including a group that believes Pruitt may not go far enough to reshape the agency and pare …

All aboard: American Airlines takes $200 million stake in China Southern Reuters FILE PHOTO: American Airlines aircraft are parked at Ronald Reagan Washington National Airport in Washington, U.S., August 8, 2016.

Amazon’s Plans for Bricks-and-Mortar Stores are Still Young, But It’s Clearly Dreaming Big TheStreet.com Given the incredible growth delivered by the company over its 23-year history, and how much havoc it has already wreaked in the world of bricks-and-mortar retail over that time, it’s easy to get carried away upon seeing reports that Amazon.

Can GameStop Stock Bounce Back After Last Week’s 16% Drop? Motley Fool The small-box video game retailer takes a hit after posting disappointing quarterly results and offering up uninspiring guidance. Rick Munarriz.

Square launches in UK, CEO Jack Dorsey says on the lookout for AI firms to acquire CNBC Square launched in the U.K. on Tuesday with the financial services firm on the lookout for further acquisitions, according to Chief Executive Jack Dorsey.

Record 220-pound gold coin stolen from German museum in mysterious heist Washington Post Until it disappeared under the darkness of night, the 220-pound gold coin sat behind bulletproof glass in Berlin’s Bode Museum.

EXCLUSIVE: State Street Global Advisors, firm behind ‘Fearless Girl’ statue, counts few women as execs New York Daily News Mayor de Blasio poses by the “Fearless Girl” statue before a news conference on Monday, in which he announced the statue depicting a young ponytailed girl staring down the Financial District’s famous Charging Bull, will remain in place through February …

Police investigating ‘human waste in Coca Cola cans’ BBC News Police have begun an investigation after what appeared to be human waste was found in drinks cans delivered to a Coca Cola factory in Northern Ireland.

Company: Oil in pipeline under Missouri River reservoir ABC News FILE- This Feb. 13, 2017, file aerial photo shows a site where the final phase of the Dakota Access Pipeline will take place with boring equipment routing the pipeline underground and across Lake Oahe to connect with the existing pipeline in Emmons …

Virgin Atlantic Braces for a Loss and Blames the Pound Bloomberg Virgin Atlantic Airways Ltd. is bracing for a loss this year as a slump in the pound since Britain voted to quit the European Union weighs on bookings and cut-price rivals ramp up U.S.

Republicans Are About To Kill Rules Banning Internet Providers From Sharing Your Web History Huffington Post WASHINGTON ― The Republican-led Congress is jamming through a measure to overturn the Obama administration’s rules that would have banned telecom and cable companies from sharing customers’ personal information, including web browsing history …

TV Networks Spy Opportunity in Google Ad Backlash Wall Street Journal (subscription) When Hallmark Channel makes its annual pitch to advertisers Wednesday at New York’s Rainbow Room, the network plans to emphasize how it offers brands safe, high-quality content compared to the unknown risks of the web.

Gross Settles with Allianz’ PIMCO for $81M, Ending Bitter Legal Dispute Insurance Journal More than two years after the legendary bond manager was ousted from Pacific Investment Management Co. – the firm he co-founded and built into a $2 trillion asset manager – he settled a bitter legal dispute with a public rapprochement.

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Essential Politics: Trump makes good on his change for climate rules

March 29, 2017, 9:30 am

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Essential Politics: Trump makes good on his change for climate rules Los Angeles Times For the first time in a few weeks, executive action by President Trump is generating as much political news as congressional clashes.

The House just voted to wipe away the FCC’s landmark Internet privacy protections Washington Post Congress sent proposed legislation to President Trump on Tuesday that wipes away landmark online privacy protections, the first salvo in what is likely to become a significant reworking of the rules governing Internet access in an era of Republican …

Westinghouse Files for Bankruptcy, in Blow to Nuclear Power New York Times A Westinghouse project in Waynesboro, Georgia, remains unfinished, its future in doubt after the bankruptcy filing. Credit Reuters.

EU Blocks Merger of London Stock Exchange and Deutsche Börse New York Times The $30 billion merger of the London Stock Exchange and Deutsche Börse would have created Europe’s largest stock market operator.

Partner at John Paulson’s Hedge Fund Plunged to His Death in Apparent Suicide Fortune A Paulson & Co. partner that once worked for a Bernie Madoff feeder fund plunged to his death in an apparent suicide Monday. Charles Murphy, 56, was found on the fourth-floor terrace of luxury New York hotel Sofitel, after jumping from a room on the …

Tesla Just Got A Sugar Daddy Forbes Early yesterday, news broke that China’s most valuable company, Tencent Holdings had acquired a 5% stake in Tesla. In a 13G filing with the SEC, Tencent Holdings revealed a 8,167,544 share stake in Tesla.

Even Republicans think the rich aren’t paying their fair share in taxes, but … Washington Post Both President Trump and House Speaker Paul D. Ryan want to slash taxes mostly for the wealthy, but most Americans think the wealthy already pay too little.

BlackRock plans major changes to its active stockpicking business CNBC BlackRock on Tuesday said it would overhaul its actively managed equities business, cutting jobs, dropping fees, and relying more on computers to pick stocks in a move that highlights how difficult it has become for humans to beat the market.

Wells Fargo Reaches $110 Million Fake Accounts Settlement Bloomberg Wells Fargo & Co. reached a $110 million settlement with customers nationwide over claims its employees set up fraudulent accounts to boost their own pay, a deal that moves the bank another step toward closing the books on last year’s scandal …

Dollar pulls higher on Fed talk, sterling slips on Brexit anxiety Reuters U.S. dollar and British pound notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration.

The Olive Garden Is Building Its Comeback Around Shrimp Scampi Bloomberg Olive Garden, an Italian chain long known for artery-clogging dishes loaded with cheese and oil, is forging a comeback with a surprising dish: shrimp scampi.

Indiana Board Endorses $7M Carrier Plant Deal Trump Brokered U.S. News & World Report An Indiana board has endorsed directing $7 million in state tax breaks and grants for a deal brokered by President Donald Trump toward stemming job losses from a Carrier Corp.

Nigerians boycott Coca-Cola drinks after ‘poisonous’ ruling WFMZ Allentown LAGOS, Nigeria (CNN) – Consumers of Sprite and Fanta have more to worry about than rotting teeth according to a Lagos High Court judge, who ruled that the Coca-Cola products could be “poisonous.

UPDATE 1-Uber diversity report shows shortage of women, minorities Business Insider March 28 (Reuters) – Uber Technologies Inc released its first diversity report on Tuesday, showing that women and non-white employees are underrepresented at the ride-services company – just as they are at many other technology firms.

Lok Sabha GST Bill Debate LIVE: GST will make one nation, one tax regime a reality, says Poonam Mahajan Moneycontrol.com Lok Sabha is deliberating the GST Bill for consideration and passage. Catch live updates here. Lok Sabha GST Bill Debate LIVE: GST will make one nation, one tax regime.

Amazon’s latest venture goes after Wal-Mart where it hurts CNBC Amazon’s next foray into physical retail threatens to hit Wal-Mart where it hurts. The online seller said Tuesday that it’s testing a service for Prime members that provides free pickup of fresh grocery items in as quickly as 15 minutes.

At Tree House Brewing, The Line For Beer Can Take Hours WBUR A worker at Tree House Brewing Co. in Monson assembles 10 packs for sale. Tree House customers can wait in line for hours to purchase the company’s craft brews.

Police are investigating how ‘human waste’ ended up in Coca Cola cans Business Insider Pallets of Coke-Cola cans wait to the filled at a Coco-Cola bottling plant on February 10, 2017 in Salt Lake City, Utah. George Frey / Getty Images.

First Drug For 2 Forms Of MS Gets FDA Nod, RTTR Abuzz, VRTX Gains On Trial Data Nasdaq (RTTNews.com) – AstraZeneca plc’s ( AZN ) New Drug Application for LYNPARZA tablets (300mg twice daily) for use in platinum-sensitive, relapsed ovarian cancer patients in the maintenance setting has been accepted for priority review by the FDA – with a …

UPDATE 1-Uber to end services in Denmark after three years Business Insider COPENHAGEN, March 28 (Reuters) – Ride-hailing group Uber Technologies will withdraw services in Denmark next month due to a taxi law that sets out new requirements for drivers such as mandatory fare metres, the company said on Tuesday.

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Lloyd’s of London chooses Brussels for EU base on strong regulation

March 30, 2017, 9:30 am

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Lloyd’s of London chooses Brussels for EU base on strong regulation Reuters  – ‎2 hours ago‎ LONDON, March 30 Insurance market Lloyd’s of London, an integral part of the British business scene since the 17th century, has chosen Brussels as the site for its European Union subsidiary because of its strong regulatory framework, it said on Thursday.

Jeff Bezos Had a Good Ass Day Gizmodo Amazon founder Jeff Bezos just had one of those days that we all have from time-to-time. He officially became the second richest human on the planet and he shut down a business that was founded by one of his bitter rivals.

American Airlines pilot dies on Dallas-Albuquerque flight BBC News A pilot died on Wednesday during a flight from Dallas to Albuquerque, New Mexico, American Airlines have confirmed. The Boeing 737-800 was two miles from landing when the captain declared a medical emergency, an Albuquerque airport spokesman …

RPT-Toshiba’s nuclear woes a hot ticket for bankruptcy financiers Nasdaq (Repeats story published Wednesday to widen distribution) By Jessica DiNapoliNEW YORK, March 30 (Reuters) – Westinghouse Electric Co’s financial distress sparked a feeding frenzy among Wall Street lenders keen to give the nuclear developer a lifeline …

Outrage grows over Congress’ Internet privacy vote CNNMoney Outrage is growing at Republicans following a controversial vote Tuesday to repeal Internet privacy protections that were approved by the Federal Communications Commission in the final days of the Obama administration.

Coal Mining Jobs Trump Would Bring Back No Longer Exist New York Times Coal miners in Welch, W.Va., in Appalachia. The coal industry has been replacing workers with machines and explosives. Credit David Goldman/Associated Press.

Carl’s Jr., Hardee’s ads put focus on food Nation’s Restaurant News After longtime CEO Andy Puzder stepped down earlier this month, after an unsuccessful bid for U.S. Secretary of Labor, and with new CEO Jason Marker coming on board in April, Franklin, Tenn.

Euro Drops, Bonds Gain on Dovish ECB; Dollar Rises: Markets Wrap Bloomberg The euro weakened and core European government bonds rose as investors weighed the prospect of the ECB sticking with its loose monetary policy.

Bill Ackman apologizes for $4 billion Valeant mistake (finally) MarketWatch Hedge fund billionaire Bill Ackman, who rode out his stake in troubled Canadian pharmaceutical firm Valeant to a $4 billion loss, has delivered a long-awaited apology to investors.

Amazon is shutting down Diapers.com — whose founder is now at war with Amazon Recode Amazon said on Wednesday that it is shutting down Quidsi, one of its largest-ever acquisitions, which runs six shopping sites, including Diapers.

Tesla deal boosts Chinese presence in US auto tech Reuters DETROIT China’s Tencent Holdings Ltd has bought a 5 percent stake in U.S. electric car maker Tesla Inc for $1.78 billion, the latest investment by a Chinese internet company in the potentially lucrative market for self-driving vehicles and related …

Poop-filled Coke cans are a real mystery New York Post Police have launched an investigation after human waste was discovered in a shipment of Coke cans. Coca-Cola have confirmed none of the products on sale is affected following the gross find.

Jerry Brown, Democratic leaders agree to increase taxes to fix California roads Sacramento Bee Gov. Jerry Brown and Democratic legislative leaders announced a $5.2 billion road-funding package Wednesday that would raise gas taxes and user fees on motorists, setting off a major political struggle to pass it in the Legislature.

Law barring promotion of surcharges violates rights: court New York Post A New York law barring stores from promoting a credit-card surcharge violates their freedom of speech, the Supreme Court ruled on Wednesday.

Interior secretary reopens federal coal mining The Hill Interior Secretary Ryan Zinke has ended the federal government’s Obama-era moratorium on coal-mining leases on federal land. Zinke signed an order repealing the pause in leases Wednesday in his Washington, D.C.

Lululemon shares tumble on miss, weak first-quarter outlook Business Insider TORONTO (Reuters) – Canada’s Lululemon Athletica Inc on Wednesday reported fourth-quarter earnings per share that fell shy of analysts’ expectations, hurt by a stronger-than-expected Canadian dollar, and said first-quarter comparable sales were …

Why Buffett and BlackRock Think You Should Fire Your Fund Manager Bloomberg Are you good enough at picking stocks to beat the market? Not too many people would claim that. Is your asset manager good enough?

Oil Stays Above $49 as U.S. Fuel Demand Blunts Crude Supply Gain Bloomberg Signs of growing U.S. fuel demand are propping up oil above $49 a barrel, with more refinery purchases seen helping ease a glut in American crude stockpiles.

Craft brewers push for changes to Maryland brewery bill Washington Post ANNAPOLIS, Md. – Craft brewers in Maryland urged lawmakers on Wednesday to make changes to proposed regulations that supporters say were driven by a plan to open a Guinness brewery in Baltimore County.

FDA Nominee, Paid Millions by Industry, Says He’ll Recuse Himself if Needed New York Times Dr. Scott Gottlieb, President Trump’s nominee to be commissioner of the Food and Drug Administration. Credit The American Enterprise Institute, via Reuters.

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Tesla Record: ~25000 Vehicles Delivered During Quarter 1 2017

April 3, 2017, 9:30 am

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Tesla Record: ~25000 Vehicles Delivered During Quarter 1 2017 CleanTechnica Tesla set a new (personal) delivery record during Quarter 1 2017, with a total of around 25,000 vehicles delivered during the quarter, according to an email Tesla sent to CleanTechnica. The question that continues to loom over Uber and Lyft — and vex lawyers Los Angeles Times Uber drivers are classified as independent contractors, which the company defends as accurate. A San Diego assemblywoman hopes to introduce legislation to allow them to organize and advocate for their pay and benefits while preserving their work … President Trump’s old Ferrari sells at auction for record $270000 FOX 61 A Ferarri once owned by President Trump was sold at auction this weekend at a record $270,000. ×. President Trump’s old Ferrari sells at auction for record $270,000. Sheryl Sandberg’s LeanIn.Org and businesses to raise awareness about gender pay gap The Mercury News In this file photo, Facebook COO Sheryl Sandberg speaks during the Fortune Global Forum on Nov. 3, 2015 in San Francisco. Sandberg’s LeanIn. Self-Driving Cars Raise Questions About Who Carries Insurance NPR An accident last month in Tempe, Ariz., involving a self-driving Uber car highlighted some novel new issues regarding fault and liability that experts say will come up more often as autonomous vehicles hit the road. Global markets gain on Japan data, as US-China meeting looms Washington Post TOKYO – Global markets were mostly higher Monday, cheered by a positive report on the Japanese economy, as players awaited talks between U.S. U.K. Manufacturing Slows as Inflationary Pressures Continue Bloomberg U.K. manufacturing unexpectedly cooled for a third month in March and may weaken further, according to IHS Markit, which repeated its warning about inflationary pressures. What the YouTube Ad Boycott Tells Us? Huffington Post Adobe, at their annual digital summit last week, called on the attendees to remake the world through digital experiences. Around the same time, brands like AT&T boycotted YouTube and Google for featuring their ads alongside hate speech and other … Murthy, Infosys And Pay – It’s Markets That Make Capitalism Compassionate, Nothing Else Forbes Narayana Murthy has come out against a significant pay rise for the COO at the company Murthy co-founded, Infosys. He’s done so while claiming two things about pay in such circumstances, two things which look highly dubious to me. South Korea’s Lotte Group says missile row no reason to pull out of China StreetInsider.com A flag bearing the logo of Lotte Hotel flutters at a Lotte Hotel in Seoul, South Korea, March 25, 2016. REUTERS/Kim Hong-Ji/File Photo. Oil prices nudge higher as upbeat economic sentiment outweighs oversupply worries Reuters A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo. By Keith Wallis | SINGAPORE. Coal is dying, and Trump can’t save it: But there are much better alternatives for coal country and our economy Salon Whatever Trump claims, coal jobs aren’t coming back. But a “just transition” to a different future is possible. Paul Rosenberg Follow Skip to Comments. Comcast Says It Will Not Sell Customer Browsing Histories U.S. News & World Report Republicans in Congress on Tuesday narrowly passed the repeal of the privacy rules with no Democratic support and over the strong objections of privacy advocates. EPA won’t ban pesticide chlorpyrifos; is it safe? Channel3000.com – WISC-TV3 (CNN) – Environmental Protection Agency Administrator Scott Pruitt denied a petition Wednesday requesting that the agency ban the use of the chlorpyrifos on all United States food crops. Liberty Bridge, Tunnel closures take effect WPXI Pittsburgh Commuters from the South Hills area will need a little extra time if they travel the Liberty Bridge and the Boulevard of the Allies over the next several months. Praet Says QE Reduction Doesn’t Signal Start of Stimulus Exit Bloomberg European Central Bank Executive Board member Peter Praet said the reduction in the monthly volume of asset purchases is not the beginning of the end for its quantitative easing program. EpiPen manufacturer issues massive recall for potential defect AOL Mylan, the company that manufactures them, issued a recall of over 80,000 EpiPens in Norway, Denmark, Finland, Ireland, Australia, New Zealand, and Japan in late March. Gaming Peripheral Manufacturer Mad Catz Is No More Geek For nearly three decades, Mad Catz has been the leading manufacturer of video game peripherals. The company produced everything from controllers, battery packs, memory cards, headsets, and fight sticks for PC, consoles, and handhelds. With “Stories” Expansion, Facebook Inc Shows Why It Dominates Social Media Bloomington Pantagraph In this segment from Market Foolery, Mac Greer enlists the help of Ron Gross and Jason Moser to discuss the recent rollout of Facebook’s (NASDAQ: FB) Stories feature, a not-so-subtle imitation of the popular Snap (NYSE: SNAP) app. Japan business outlook brightens, though improvement modest Fox News TOKYO – Encouraged by stronger export orders, Japanese manufacturers are feeling a bit more upbeat than they were late last year, according to a quarterly survey by the Bank of Japan released Monday.

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