• After Donald Trump barbs, General Motors to make $1.8 billion investment
After Donald Trump barbs, General Motors to make $1.8 billion investment

GM CEO Mary Barra said in a statement that the company "will continue to invest in our USA operations where we see opportunities for growth". GM says this investment should add about 400 jobs to the facility, which is about 20 miles north of Detroit.

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  • Netflix Testing Cheaper Mobile-Only Subscription Plan In Some Countries
Netflix Testing Cheaper Mobile-Only Subscription Plan In Some Countries

The tech giant recently sent out invitations for the March 25 keynote with the suggestive title "It's show time", which further fueled rumors that the now unnamed streaming service will launch next Monday. Expecting iOS 12.2 to be released, Apple plans to offer the News and TV services with the new iOS release. Although it remains unclear as ...

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  • Powerball jackpot at $625M: What you need to know for Saturday's drawing
Powerball jackpot at $625M: What you need to know for Saturday's drawing

A "Power Play" option that multiplies non-jackpot prizes by up to 10 times to a maximum of $2 million may be added to any Powerball play for only $1. The amount you win drops dramatically after this. The drawing is at 7:29 p.m. Deadline is 7:08 p.m. The chances of getting all five number and the Powerball number correct are just over 292 millio...

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  • Brief boost for markets as Fed holds interest rates steady
Brief boost for markets as Fed holds interest rates steady

The Fed says it expects core inflation to remain at 2.0 while it downgraded the outlook for overall inflation from 1.9 percent to 1.8 percent. "Back in Q4 they weren't even talking about developments outside the US and that came up two or three times in the first 10 minutes of ( Fed Chair Jerome Powell's) commentary".

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  • Bayer plunges after jury finds its Roundup weedkiller caused cancer
Bayer plunges after jury finds its Roundup weedkiller caused cancer

The decision in Edwin Hardeman's case is a landmark verdict that could impact hundreds of other similar lawsuits, according to The Guardian newspaper in the United Kingdom. It was reported in April a year ago that Bayer sold 3.6 per cent stake to Temasek for 3 billion euros at 96.77 euros per share. The jury in San Francisco federal court i...

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  • Trump to GM: Reopen Ohio plant, close one in Mexico or China
Trump to GM: Reopen Ohio plant, close one in Mexico or China

He said he was miffed that the Lordstown plant was closed earlier this month "when everything else in our Country is BOOMING". On Sunday, Trump said he spoke to GM CEO Mary Barra about the facility and "asked her to sell it or do something quickly".

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  • Oil hits 4-month high after second straight weekly gain
Oil hits 4-month high after second straight weekly gain

The IEA's oil market forecast for the next five years says U.S. output will increase by four million barrels per day, and that growth will account for 70 percent of the world's total increased output. OPEC inventories increased by 22 million barrels in January to 2.88 billion barrels. In 2018, the United States contributed 79 percent of the 2.8 m...

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  • People were calling the police because Instagram and Facebook were down
People were calling the police because Instagram and Facebook were down

Facebook Inc said on Thursday it had restored service to its main app and Instagram , after the world's largest social network suffered a major outage that frustrated users across the globe for about 24 hours. With Facebook down, another messaging platform, Telegram , saw a surge of new signups, Tech Crunch reported . The company did not imme...

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  • British Lawmakers to Seek 3-Month Brexit Delay
British Lawmakers to Seek 3-Month Brexit Delay

The House of Commons voted 314-312 against a call to postpone Britain's departure and rearrange Parliament's timetable so that lawmakers could try to find an alternative to Prime Minister Theresa May's rejected Brexit divorce deal. Thursday's vote saw four amendments to the motion defeated in favor of May's government. May said the government...

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  • Injured When JFK-Bound Plane Hits Severe Turbulence
Injured When JFK-Bound Plane Hits Severe Turbulence

The Boeing 777 had taken off from Istanbul with 326 passengers and 21 crew members. Most of the passengers were treated inside an airport terminal. Coleman said a flight attendant had a possible broken leg and others suffered bumps, bruises and cuts. The New York Fire Department said it was treating 29 passengers for "non-life-threatening inj...

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  • Zuck Wants to Turn Facebook Into a 'Privacy-Focused' Platform
Zuck Wants to Turn Facebook Into a 'Privacy-Focused' Platform

Momentarily putting aside what we know about Mark Zuckerberg , his hopes, and the first batch of futures he's helped bring about, this still seems like an odd stance from the creator of Facebook . The idea of a privacy-focused messaging platform is great in principle, but when it is proposed by a company that makes its billions through advertis...

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  • Tesla's third generation Supercharger cuts down charging times by half
Tesla's third generation Supercharger cuts down charging times by half

Tesla has launched its third-generation charging technology, known as Supercharger V3. The metric is a bit misleading, however, as the peak charge rate of 75 miles in 5 minutes presumably decreases to a slower pace as the battery gets closer to full capacity.

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  • Ousted Nissan boss Ghosn leaves Japan jail after $9 million bail
Ousted Nissan boss Ghosn leaves Japan jail after $9 million bail

Judges at the Tokyo District Court accepted defence lawyers' assurances that Ghosn would submit to extensive surveillance and set his bail at 1 billion yen (S$12.11 million), an apparent win for his new legal team on his third bail request since his arrest in November .

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  • John Bolton: Trump-Kim Summit Was Not a Failure
John Bolton: Trump-Kim Summit Was Not a Failure

At the same time in Washington , Cohen was testifying before a congressional committee, labelling the United States president a "racist" and "conman". After a stern rebuke from Warmbier's parents, Trump took to Twitter , insisting he held North Korea responsible for the student's death - but without directly blaming Kim or even mentioning him.

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  • Pakistan returns captured pilot back to India
Pakistan returns captured pilot back to India

Pakistan is preparing to hand over a captured Indian pilot as shelling continued for a third night across the disputed Kashmir border even as the two nuclear-armed neighbors seek to defuse the most serious confrontation in two decades. Pakistan's air space remained closed to most air traffic on Friday, although some domestic flights were allowed on...

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  • Tesla debuts $35,000 Model 3, sees loss in first quarter
Tesla debuts $35,000 Model 3, sees loss in first quarter

Further fleshing out the lineup is a new $37,000 Standard Range Plus powertrain configuration, which boosts the driving range to 240 miles. It has a top speed of 130mph and can go from 0 to 60mph in 5.6 seconds. Further, to support the lower-cost Teslas, the company has chose to shift all of its vehicle sales online over several months. Customers...

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  • Victoria's Secret to close more than 50 stores in US, Canada
Victoria's Secret to close more than 50 stores in US, Canada

The former president of Tory Burch, John Mehas was finally installed at Victoria's Secret Lingerie this year, along with a new brand head at PINK. The announcement comes after a rough year for Victoria's Secret. The number of planned store closures is a significant increase over recent years. "The outlook illustrates that the lingerie-sales stru...

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  • China, Russia urge against military action in Venezuela
China, Russia urge against military action in Venezuela

Guaido, recognized as interim president by 50 countries , will travel to the Brazilian capital from Colombia, where he has stayed since Friday despite a travel ban imposed on him by the regime of Venezuela's socialist leader Nicolas Maduro.

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  • Australia seeks clarification on China coal import 'block'
Australia seeks clarification on China coal import 'block'

Australian unemployment also remained steady at 5% in January. Most markets in Asia finished the last session of the week in the green, with Chinese stocks leading the charge, although coal plays in Australia were on the back foot following reports of a ban from Beijing .

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  • Tesla Model 3 deliveries in China are starting earlier than expected
Tesla Model 3 deliveries in China are starting earlier than expected

This survey guides Consumer Reports decision making when it comes to the continuing recommendation of vehicles and is compiled using data from nearly half a million vehicles. Its two other stablemates are the Tesla Model S five-door liftback and Tesla Model X mid-size luxury crossover vehicle. Unfortunately, this latest batch of reported re...

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  • Duke Star Zion Williamson Suffers Sprained Knee In Loss To North Carolina
Duke Star Zion Williamson Suffers Sprained Knee In Loss To North Carolina

North Carolina had an absolutely insane amount of hype around it, with most of that hype stemming from one name: Zion Williamson . It's going to be everywhere. "I think he will be back - because that's just Zion's mentality". Most mock drafts have both being selected early in the National Basketball Association draft - should they turn pro afte...

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  • The EU warns they 'will not reopen the withdrawal agreement'
The EU warns they 'will not reopen the withdrawal agreement'

The developments came as Mrs May prepared for a crucial meeting with European Commission president Jean-Claude Juncker in Brussels. "Labour respects the result of the referendum, but we do not support the prime minister's damaging approach which is focused more on appeasing factions of her party than finding a sensible solution that works for the...

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  • RCom shares tank 9% after SC order, other ADAG stocks also decline
RCom shares tank 9% after SC order, other ADAG stocks also decline

India's top court today held Anil Ambani and his company Reliance Communications guilty of contempt of court, Bar and Bench reported. SC also imposed a fine of Rs 1 cr each on them, if not deposited within a month, 1-month jail will be awarded.

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  • Russia: Vladimir Putin threatens to target USA over missiles based in Europe
Russia: Vladimir Putin threatens to target USA over missiles based in Europe

Intermediate-range missiles were banned and removed from Europe because they would leave a very short window of opportunity for the other side to decide whether to fire in retaliation after detecting a launch - mere minutes. While Washington says it won't deploy new land-based nuclear weapons in Europe, the United States and its allies are laying...

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  • Britain's 5G network security review ongoing: PM May's spokesman
Britain's 5G network security review ongoing: PM May's spokesman

The US argues that 5G is too complex to track interference from a provider so has banned Huawei from key components of its introduction, as have Australia and New Zealand. Huawei is the world's No. 1 telecom supplier and No. 2 smartphone maker. Huawei has denied accusations that it facilitates Chinese spying . Huawei Chief Financial O...

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  • Payless Is Reportedly Closing All Stores
Payless Is Reportedly Closing All Stores

The retailer has been trying to find a buyer . The move comes as Payless is filing for bankruptcy later this month. But with no deal in sight, the company has made a decision to start preparations to liquidate, the report said . After decades of growth, the company - like many mall-dependent retailers - struggled to compete with online retail...

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  • Retailer Payless to file bankruptcy, close stores
Retailer Payless to file bankruptcy, close stores

There is still a small chance a buyer could emerge after Payless files for bankruptcy, the sources said. "Payless will begin liquidation sales at its US and Puerto Rico stores on February 17, 2019, and is winding down its e-commerce operations", Payless spokeswoman Lauren Jeffords wrote in an email to the Bangor Daily News.

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  • Oil rises after Saudi output pledge, declining USA inventories
Oil rises after Saudi output pledge, declining USA inventories

But, "with the import of diluents now sanctioned by the US, and problems in producing its own lighter crudes, PDVSA will have a tough job to make enough on spec barrels available for export", the IEA said. On Monday, a report from OPEC showed the Middle East-dominated group fell just short of its production goal in January, as a fresh round of prod...

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  • Politicians and Jody Wilson-Raybould's father take to Twitter following her resignation
Politicians and Jody Wilson-Raybould's father take to Twitter following her resignation

As Jody Wilson-Raybould remained mum on her resignation from cabinet Tuesday, there was no shortage of Indigenous leaders willing to speak for her. To date Wilson-Raybould has said that, as the former AG, she is "bound by solicitor-client privilege in this matter", and has not commented to either confirm or deny reports she was pressured.

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  • Lamont contacting Amazon about second headquarters
Lamont contacting Amazon about second headquarters

Executives have had internal discussions about whether to proceed with the NY plan or explore alternatives, the Washington Post reported, citing two sources familiar with the company's thinking. Amazon's vice president for public policy, Brian Huseman, stated during a city council meeting: "We were invited to come to NY, and we want to invest ...

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  • Crude oil prices lower for a third day in early trading
Crude oil prices lower for a third day in early trading

The WTI prices remained positive on Wednesday after the EIA inventory report joined hands with Venezuelan sanctions and supply outages at Canada and Mexico. -China trade dispute have also weighed on the market. The producers' alliance, known as OPEC+, began cutting production from last month to avert a new supply glut.

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  • RBI Policy: MPC cuts repo rate by 25 basis points to 6.25%
RBI Policy: MPC cuts repo rate by 25 basis points to 6.25%

When asked if there exists more room for further rate cuts, given the estimate of inflation trending at 3.9 per cent in the third quarter of the next fiscal, Das seemed to reply in the affirmative. The government was believed to be unhappy with the RBI over a number of issues, including its apparent reluctance to cut rates to stimulate the economy.

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  • 'Special place in hell': EU's Tusk slams Brexiteers
'Special place in hell': EU's Tusk slams Brexiteers

He told reporters that both Conservative Prime Minister Theresa May and Labour opposition leader Jeremy Corbyn had a "pro-Brexit stance". At the end of the press conference as Tusk and Varadkar shook hands, microphones picked up the Irish premier telling him: "They will give you bad trouble in the British press for this".

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  • Venezuelan opposition welcomes Canada's call for military backing
Venezuelan opposition welcomes Canada's call for military backing

It lands amid a political standoff between Venezuelan opposition leader Juan Guaido, who asked for the worldwide assistance, and President Nicolas Maduro , who rejects it as part of an US -led coup. Guadio, head of Venezuela's National Assembly, last month declared himself to be the South American country's interim ruler. Maduro has clung to p...

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  • Digital ads lift Google but shares hit by costs
Digital ads lift Google but shares hit by costs

Alphabet's advertising commissions, or the money it pays other companies to direct people to its search, grew 14 per cent to $7.4 billion from $6.5 billion a year ago. Before the results were released the company's share price had rallied after stumbling along with its peers a year ago. Alphabet (NASDAQ: GOOG ) drops 2.5% aftermarket on Q4 res...

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  • Trump Invites Bullied Student, Synagogue Shooting Survivors to State of the Union
Trump Invites Bullied Student, Synagogue Shooting Survivors to State of the Union

A steadily increasing number of Republican lawmakers are urging the president against a national emergency declaration , anxious about its legality and setting a precedent of future - including Democratic - presidents doing so when they are unable to convince Congress to approve a top agenda item.

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  • January jobs report: Employers added 304,000 jobs, wages keep increasing
January jobs report: Employers added 304,000 jobs, wages keep increasing

Following revisions, job growth has averaged 241,000 per month over the last three months, with November revised up to 196,000 and December down to 222,000. The shutdown also drove about a half million people into part-time work, swelling this group to 5.1 million, its highest level in 16 months. They are counted as employed because they will...

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  • Alibaba profit up 37 percent but revenue growth eases
Alibaba profit up 37 percent but revenue growth eases

The results propelled the shares of NY listed Alibaba to gain more than 6%, to US$166.82. Alibaba dominates China's emerging consumer culture and its corporate results were widely anticipated for any signs of whether a worsening Chinese economic slowdown and the US-China trade tussle was curbing the country's appetite for shopping.

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  • Venezuelans call for humanitarian aid as political crisis deepens
Venezuelans call for humanitarian aid as political crisis deepens

Juan Guaido Supported By USA? President Donald Trump and "this group of extremists" have their eyes on Venezuela's vast oil reserves, said Maduro, warning that the United States is about to repeat a bloody chapter in its history. The expulsion of US Diplomats was suspended, so as to give a 30-day window for negotiations with US officials. ...

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  • Venezuelan Embassies Never Recognized Guaido as President - Ambassador to Italy
Venezuelan Embassies Never Recognized Guaido as President - Ambassador to Italy

National Security Adviser John Bolton said President Nicolás Maduro and his allies could "no longer loot the assets of the Venezuelan people". Some 75 per cent of the country's cash-generating oil shipments go the U.S., according to Barclays, but Mr Maduro retains the support of Russia, China, Turkey and Iran and is likely to divert shipments t...

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