• Amazon to restrict Australian customers to local site in July
Amazon to restrict Australian customers to local site in July

A loophole in tax regulations, however, means that the GST is now applied only to items purchased from overseas retailers if they are worth $1,000 AUD or more, which many local companies argued gave Amazon, eBay and other overseas competitors an unfair advantage.

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  • Starbucks shuts 8000 US stores for racial bias training
Starbucks shuts 8000 US stores for racial bias training

Most of Arizona's standalone locations were scheduled to close for the day starting at 2, 2:15 or 2:30 p.m. The move comes after a Philadelphia Starbucks manager called police in April on two black men who were sitting inside the shop waiting for a friend without ordering anything.

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  • US tariffs: Steel and aluminium levies slapped on key allies
US tariffs: Steel and aluminium levies slapped on key allies

The EU has vowed to hit back at the USA with tariffs on American goods, including iconic items such as Harley-Davidson motorbikes, blue jeans and bourbon whiskey. While Donald Trump's trade war with China simmers, he's about to turn up the heat in Europe. Ross said the White House would need to see the reactions of Canada, Mexico and the 28-na...

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  • RISDON: Expansion critics - Ottawa has chosen West Coast over East Coast
RISDON: Expansion critics - Ottawa has chosen West Coast over East Coast

Kinder Morgan Canada, whose stock trades on the Toronto Stock Exchange under the KML ticker, saw its share price spike to $18 Tuesday morning after being halted ahead of the announcement of Canada's offer to buy the Trans Mountain pipeline and expansion project.

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  • Brussels in last-ditch attempt to avoid Trump's trade tariffs
Brussels in last-ditch attempt to avoid Trump's trade tariffs

This package of tariffs is different than a separate package of tariffs focused on steel and aluminum production announced earlier this year. China's state media on Wednesday lashed into a USA announcement that it would press ahead with restrictions on investment by Chinese companies, saying Beijing was ready to fight back if Washington w...

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  • NYC gas prices rise ahead of Memorial Day weekend
NYC gas prices rise ahead of Memorial Day weekend

EIA said it expects the summer driving season, which lasts through September, will see an average price of $2.90 per gallon, 49 cents higher than summer 2017. A heads up for drivers: if you're taking a road trip this holiday weekend, it's going to cost more to fill up. So many , in fact, they were let in three hours before the official 12 p....

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  • Chrysler recalls 4.8M cars, SUVs, trucks
Chrysler recalls 4.8M cars, SUVs, trucks

The recall includes 15 Jeep, Dodge, Chrysler and Ram models from six model years. Fiat Chrysler noted that at times cruise control systems automatically initiate acceleration to help vehicles maintain driver-selected speeds, including when going up an incline.

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  • U.S. Pushes for Lower Oil Prices as OPEC Mulls Production Boost
U.S. Pushes for Lower Oil Prices as OPEC Mulls Production Boost

Brent futures dipped 4 cents to $79.53 a barrel by 0006 GMT, after climbing 35 cents on Tuesday. Oil prices recovered some ground Wednesday after a surprise jump in USA crude inventories, which added another headwind to oil markets following suggestions that OPEC might increase production.

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  • LA Times Site Down Across Europe As New Privacy Laws Take Effect
LA Times Site Down Across Europe As New Privacy Laws Take Effect

This is to ensure that, if the company is hacked, your data is still safe. Account holders on SamMobile also have the right to modify their data. The law had been seen as focusing on Silicon Valley tech giants like Facebook and Google , but publishers and advertising companies have warned that it will harm their businesses in particular ...

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  • Choirs gather for Manchester celebration on the anniversary of bomb blast
Choirs gather for Manchester celebration on the anniversary of bomb blast

Speaking outside the cathedral, the 41-year-old from Bolton said he understood why some family members of the victims found it too hard to be back in Manchester. The prime minister said that "such appalling acts of wickedness" would strengthen Britain's resolve "to defeat such twisted ideologies and beliefs".

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  • Sante Fe school shooting: Suspect 'was rejected' by victim Shana Fisher
Sante Fe school shooting: Suspect 'was rejected' by victim Shana Fisher

This is not a gun law issue". "It's a this-kid-was-able-to-get-into-the-school-very-easily issue." "Win a Texas-made shotgun!" Thirteen others were wounded. Pagourtzis has provided authorities with little information about the shootings, his attorney Nicholas Poehl said , adding: "Honestly because of his emotional state, I don't have a lot o...

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  • US, China nearing deal to remove US sales ban against ZTE
US, China nearing deal to remove US sales ban against ZTE

U.S. President Donald Trump has threatened to raise import duties on Chinese goods worth up to $150 billion in response to complaints Beijing steals or pressures foreign companies to hand over technology in exchange for market access. The two countries also agreed on "meaningful increases" of USA agriculture and energy exports and greater efforts...

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  • 5-Star, League want European Central Bank to forgive €250 billion of Italy debt
5-Star, League want European Central Bank to forgive €250 billion of Italy debt

Leaders of the far-right League and the 5-Star Movement, which emerged as two of the biggest parties from an inconclusive election on March 4, have been discussing a common policy agenda to form a coalition government and end more than 10 weeks of stalemate.

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  • Senate votes to protect net neutrality
Senate votes to protect net neutrality

House . "Today is a monumental day", said Sen. "At BestVPN.com, we stand side by side with companies and citizens around the world in opposition to the FCC's decision ". The potential full support of all Democrats would still see the need for 22 Republicans to agree in order for this to happen, which many United States analysts view as...

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  • Starbucks slams Seattle's new big business tax
Starbucks slams Seattle's new big business tax

The city's homeless population is growing, behind only NY and Los Angeles. "She is encouraged by the collaboration with Councilmembers and looks forward to Council's vote this afternoon", said Stephanie Formas, spokesperson for Durkan. Seattle says it will get $47 million in new revenue from the tax, according to the Times. Worker and church gro...

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  • Boston Dynamics SpotMini Robot Will Go On Sale In 2019
Boston Dynamics SpotMini Robot Will Go On Sale In 2019

The SpotMini now comes with a terrifying appendage, one so incredibly versatile that the feared robot apocalypse now seems more "when" than "if". However, the bot doesn't swing the door wide open at first. While speaking at a TechCrunch event this weekend, Boston Dynamics founder Marc Raibert announced that 100 SpotMinis will be built for comm...

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  • US Postal Service hosts 26th Annual Stamp Out Hunger Food Drive
US Postal Service hosts 26th Annual Stamp Out Hunger Food Drive

Organizers say food items collected in the Quad Cities will be given to River Bend Food Bank. Saturday help is needed at the Salina Emergency Aid Food Bank and the Post Office Dock to help sort the bags of food that come in. Last year, more than 75 million pounds of food nationally were collected nationally, feeding an estimated 64 million people...

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  • Symantec says annual report may be delayed due to investigation
Symantec says annual report may be delayed due to investigation

Finally, Reilly Financial Advisors LLC grew its position in Symantec by 223.5% during the fourth quarter. In an analyst note revealed to investors and clients on Friday morning, research professionals at Piper Jaffray's equity division decreased the rating for Symantec ( SYMC ) shares from the previous "Overweight" to a "Neutral".

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  • RBS reaches $4.9B settlement in U.S. probe of mortgage-backed securities
RBS reaches $4.9B settlement in U.S. probe of mortgage-backed securities

The department has been examining RBS's issuance and underwriting of U.S. residential mortgage-backed securities (RMBS) between 2005 and 2007. It said that around $3.5 billion of the DOJ settlement would be covered by existing provisions, with the rest accounted for by an " incremental charge " in the second quarter of 2018.

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  • Eurovision hopefuls prepare for first semi-final
Eurovision hopefuls prepare for first semi-final

She will be performing her song " We Got Love ". "It's just whether I should do it for the United Kingdom or Finland or some other country". This year the Eurovision organizers have replaced the traditional red carpet for blue, considering the theme of this year's competition, which is dedicated to the ocean.

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  • Takeda Agrees To Buy Shire In £46bn Deal
Takeda Agrees To Buy Shire In £46bn Deal

Takeda announced the news today, May 8. Its agreed $62 billion takeover of much larger Shire Plc would push combined revenue above $31 billion as the Japanese firm seeks growth in new markets amid patent expirations and drug pricing pressures at home.

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  • MC Mining's (MCM) Buy Rating Reiterated at Peel Hunt
MC Mining's (MCM) Buy Rating Reiterated at Peel Hunt

Cambiar Investors Limited Liability Corporation stated it has 393,438 shares or 0.29% of all its holdings. Earnest Prtnrs Ltd reported 213 shares or 0% of all its holdings. The company was maintained on Friday, December 15 by JP Morgan. Jefferies maintained the stock with "Hold" rating in Wednesday, November 29 report. Paragon Banking Group PLC (...

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  • Fed Stands Pat, Mum On June Rate Hike
Fed Stands Pat, Mum On June Rate Hike

In maintaining the federal funds rate in the range of 1.5-1.75%, the committee stressed its inflation target is "symmetric". "The real headache is that it is easy to be the Fed when inflation is below target. Many on Wall Street think the economy is accelerating so quickly that the Fed will have to hike rates three more times in 2018 to keep th...

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  • Donald Trump: Knife crime turns London hospital into 'war zone'
Donald Trump: Knife crime turns London hospital into 'war zone'

This was not the first time Trump spoke at the event - he's given speeches since 2015 - but his address a year ago marked the first time a sitting President addressed the convention since Ronald Reagan , an indication of his strong relationship with the organization.

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  • Indian unicorn Flipkart's board approves $15 billion deal with Walmart
Indian unicorn Flipkart's board approves $15 billion deal with Walmart

According to a Bloomberg report, SoftBank is going to sell over 20 per cent stake in Flipkart at a valuation of $20 billion. It is unlikely that Flipkart will agree to sign over such an extensive part of its shares to either party: only last month, Flipkart shareholder Softbank resisted Walmart's bid for just 30% of the Indian company...

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  • As of May, 2 YUM! Brands, Inc. (YUM) EPS Estimated At $0.68
As of May, 2 YUM! Brands, Inc. (YUM) EPS Estimated At $0.68

Lockheed Martin Investment Management Company increased its stake in Jd Com Inc (JD) by 97.91% based on its latest 2017Q4 regulatory filing with the SEC. (NYSE:YUM) for 12,519 shares. Renaissance Techs Llc invested in 0.06% or 722,100 shares. Pension Serv has 0.14% invested in YUM! Yum! Brands (NYSE:YUM) had its target price boosted by Stifel N...

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  • Black men arrested at Starbucks settle with the company
Black men arrested at Starbucks settle with the company

Police released the men hours later without charges. " Starbucks will continue to take actions that stem from this incident to fix and reaffirm our values and vision for the kind of company we want to be", Starbucks Chief Executive Kevin Johnson said in a statement .

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  • Oil Prices Turn Lower On Surprise US Stockpile Gain; Production Up
Oil Prices Turn Lower On Surprise US Stockpile Gain; Production Up

Trump will decide by May 12 whether to restore US sanctions on Tehran, which would likely result in a reduction of its oil exports. "Netanyahu may be the flavour of the day, but the larger issue driving this is what will Trump do with Iran?" On Friday, US Secretary of State Mike Pompeo said at a news conference that Trump would exit the deal ne...

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  • Sainsbury's, Walmart's Asda to create United Kingdom supermarket powerhouse
Sainsbury's, Walmart's Asda to create United Kingdom supermarket powerhouse

Asda has about a 15.6% share of the United Kingdom grocery market, Kantar estimates, a figure that has been steadily eroding for the past two years, while Sainsbury's has around 15.8%. Part of the merger it to make sure they are protected from that, and also from the growing rise of the discounters". Joanne McGuinness, Usdaw national officer, ...

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  • Protesters rally outside Philadelphia Starbucks
Protesters rally outside Philadelphia Starbucks

Meanwhile, many on social media urged a Starbucks boycott- we already do - and lamented the state of the union. He said he wrote the letter to convey three things. The city's mayor said an apology was insufficient and said he would refer the issue to Philadelphia's Commission on Human Relations to examine Starbucks' policies and employee ...

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  • NBC News Says It's Taking Tom Brokaw Harassment Claim Seriously
NBC News Says It's Taking Tom Brokaw Harassment Claim Seriously

The reports also suggest that legendary newsman Tom Brokaw benefited from this culture, revealing for the first time allegations from two women who say the longtime " NBC Nightly News" anchor sexually harassed them in the 1990s. Brokaw sent a disparaging email to his peers at NBC . NBC News said late past year that it was launching a pro...

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  • Deutsche Bank to slash jobs in retreat from Wall Street
Deutsche Bank to slash jobs in retreat from Wall Street

Dekabank Deutsche Girozentrale increased its stake in Deutsche Bank Ag (DB) by 349.81% based on its latest 2017Q4 regulatory filing with the SEC. Sewing said that job cuts, which will be focused on the investment bank, would be made over the course of 2018.

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  • American Midstream Partners (AMID) Getting Somewhat Favorable Media Coverage, Reports Accern
American Midstream Partners (AMID) Getting Somewhat Favorable Media Coverage, Reports Accern

The stock grabbed -13.03% return over last 6-months and -21.99% return in yearly time period. About 949,940 shares traded. EQT Midstream Partners, LP (NYSE:EQM) has declined 25.44% since April 25, 2017 and is downtrending. Investors sentiment increased to 1.04 in 2017 Q4. Its up 0.18, from 1.02 in 2017Q3. Center Coast Cap L P reported 1.97 million ...

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  • Amber Rudd says she will end deportation targets amid calls to resign
Amber Rudd says she will end deportation targets amid calls to resign

A report by the independent chief inspector of borders and immigration published in December 2015, spotted by the Guardian , revealed that the Home Office also had a target for voluntary departures. The scandal escalated last week after it transpired that migrants from the Caribbean who settled in the United Kingdom decades ago were asked to pro...

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  • US Treasury yields extend gains after 10-year breaks 3% mark
US Treasury yields extend gains after 10-year breaks 3% mark

But just as importantly, higher bond yields offer a safer alternative for generating income, something largely lacking through years of rock-bottom rates after the financial crisis. Not all investors were ready to seize on the 10-year's move as the spark to shift money around, especially in the midst of a corporate earnings season that is on trac...

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  • Mulvaney's Advice to Bankers: Up Campaign Donations to Diminish Consumer Watchdog
Mulvaney's Advice to Bankers: Up Campaign Donations to Diminish Consumer Watchdog

Mulvaney, a former GOP congressman from SC, said Tuesday that he would only meet with lobbyists who had donated to his political campaigns but valued the opinions of his constituents over hired guns. This was in reaction to comments made by Mulvaney at a recent industry event, where he alluded to meeting with lobbyists if they contributed to hi...

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  • Comcast Enters Bid to Purchase Sky News
Comcast Enters Bid to Purchase Sky News

Comcast confirmed the terms of its... "We are delighted to be formalizing our offer for Sky today", Comcast chairman and CEO Brian Roberts said in a statement . Not acquire any majority interest in United Kingdom newspapers for five years. Generously add those to consensus estimates for Sky's operating profit in 2020, tax the lot at 18 percent, ...

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  • Ford will cull passenger auto range in US
Ford will cull passenger auto range in US

Where we can raise the returns of underperforming parts of our business by making them more fit, we will. The company posted a 6.4 percent margin during the same quarter previous year. "Everything is on the table", Shanks said in a statement to The Detroit News . The Taurus , Fusion , Fiesta and C-Max will be discontinued, leaving only the ...

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  • Lloyds share price subdued even as lender posts rise in Q1 profits
Lloyds share price subdued even as lender posts rise in Q1 profits

The company's P/E (price to earnings) ratio is 15.14 and Forward P/E ratio of 11. The stock's Dividend Yield stands at 4.57%. Analysts have suggested a mean rating of 4 on the shares. A -0.53% change after the initial price of $3.75, sent the closing price to $3.72. The company's price to sales ratio for trailing twelve months is 5.26 and price t...

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  • Equity indices close higher, RIL top gainer
Equity indices close higher, RIL top gainer

Benchmark Sensex fell over 115 points while the Nifty closed below 10,600 today amid weak global cues and unabated foreign fund outflows. Index heavyweights like Reliance Industries (RIL), Yes Bank, Adani Ports, Mahindra and Mahindra (M&M), and ICICI Bank were the top gainers on the BSE .

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