• Schulz drops bid for foreign minister job, quits as SPD leader
Schulz drops bid for foreign minister job, quits as SPD leader

Should the vote fail, Germany could be headed to an unprecedented new election. Many grassroots members of the centre-left SPD are sceptical about another tie-up with the conservatives after serving in a similar coalition in 2013-17. The rejection of Mr Schulz, 62, completes his fall from grace. Elected as leader of his party with 100% of the v...

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  • Woman says airline worker told her to flush pet hamster
Woman says airline worker told her to flush pet hamster

A Spirit airlines spokesperson did acknowledge the airline had originally told Aldecosea that she could bring her pet hamster on board, but that it had been a mistake and they informed her shortly thereafter that the airline didn't allow hamsters.

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  • Tronc Pushes Into Digital Future After Los Angeles Times Sale
Tronc Pushes Into Digital Future After Los Angeles Times Sale

Tronc plans to use the $500 million it will receive to repay the company's outstanding debt, in addition to reducing its pension liabilities and bolstering its cash position. The publishing unit, later named Tronc, had to pay a $275 million dividend to its broadcast parent company. Tronc had $185 million in cash at the end of the third quarter.

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  • Kenyan police arrest third MP over Odinga's 'swearing in'
Kenyan police arrest third MP over Odinga's 'swearing in'

In addition to shutting down the television stations, the government briefly detained three opposition politicians who took part in Odinga's symbolic swearing-in ceremony this week. Odinga's supporters protested against the charges, blocking roads and clashing with police in the western city of Kisumu, a Reuters witness said. They had wanted wa...

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  • Powell Sworn In As New Fed Chief
Powell Sworn In As New Fed Chief

So far he was one of governors of central Bank of United States and officially takes over front to replace Janet Yellen with markets under pressure for fear that it is obliged to withdraw monetary stimulus faster than anticipated. "Today, unemployment is low, the economy is growing, and inflation is low". "If the Fed raises (the) rate sufficien...

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  • TSX closes at 14-week low on hawkish Fed, lower gold prices
TSX closes at 14-week low on hawkish Fed, lower gold prices

On Wall Street, the Dow Jones Industrial Average fell 369.84 points, or 1.41 percent, to 25,816.87, the S&P 500 lost 29.33 points, or 1.04 percent, to 2,792.65 and the Nasdaq Composite dropped 62.58 points, or 0.85 percent, to 7,323.28.

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  • Earnings drive gains for U.S. stocks in early trading
Earnings drive gains for U.S. stocks in early trading

What are the main benchmarks doing? The Dow Jones Industrial Average . DJI rose 37.32 points, or 0.14 percent, to 26,186.71, the S&P 500 . SPX lost 1.83 points, or 0.06 percent, to 2,821.98 and the Nasdaq Composite . Fears of higher inflation are sparking the sharp rise in bond rates this year. The technology sector's 0.50 per cent drop w...

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  • ICICI Bank Q3 net profit dips 27% to Rs 1894 crore
ICICI Bank Q3 net profit dips 27% to Rs 1894 crore

The net interest margin (NIM) was 3.14%, remained steady as compared to the year ago period. The provisions were largely towards bad loans. The domestic net interest margin was 3.53% and the overall net interest margin was 3.14% in the third quarter, the bank said.

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  • Equal pay: Accountancy firm finds no gender bias with salaries at BBC
Equal pay: Accountancy firm finds no gender bias with salaries at BBC

Under the BBC's new pay structure, staff will not be able to learn the exact salary of colleagues but will find out how their pay compares to those who hold the same job. The NUJ's evidence to the committee quotes Samira Ahmed, the BBC Radio 4 arts presenter, describing the feeling of being paid much less for the same work for years "as thoug...

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  • WYNN RESORTS, LIMITED (NASDAQ:WYNN) Files An 8-K Regulation FD Disclosure
WYNN RESORTS, LIMITED (NASDAQ:WYNN) Files An 8-K Regulation FD Disclosure

Other equities research analysts have also recently issued research reports about the stock. Melvin Capital Management Lp acquired 86,700 shares as Wynn Resorts Ltd (Call) ( WYNN)'s stock rose 26.92%. Following the sale, the director now owns 19,162 shares of the company's stock, valued at approximately $2,907,641.88. The transaction was discl...

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  • Wall Street stumbles as health stocks fall
Wall Street stumbles as health stocks fall

While the UK's FTSE 100 Index tumbled by 1.1%, the German DAX Index and the French CAC 40 Index dropped by 1% and 0.9%, respectively. UnitedHealth Group lost $10.76, or 4.3 percent, to $236.65. But some investors speculated that the growing strength in the USA economy and labor market could prompt the central bank to perhaps forecast an extra rat...

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  • When is the Czech election 2018 and who is going to win?
When is the Czech election 2018 and who is going to win?

Results from 98.74 percent of voting districts showed Zeman won 51.64 percent of the vote to 48.35 percent for challenger Jiri Drahos, who conceded defeat before all ballots were counted. Voting has ended in the runoff of the Czech Republic's presidential election , and early results show the anti-migrant incumbent taking a lead. Zeman won the f...

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  • Stripe is going to stop accepting bitcoin, may start accepting Stellar
Stripe is going to stop accepting bitcoin, may start accepting Stellar

It added support for the digital currency so that merchants who use Stripe could accept bitcoin for payments. Even as companies gravitate toward cryptocurrency, one of the earliest bitcoin supporters has elected to sever ties with the digital currency.

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  • Apple to discontinue the first generation iPhone X this year
Apple to discontinue the first generation iPhone X this year

If you're looking for evidence that the iPhone X has been a failure for Apple , you'll need to look at something other than Ming-Chi Kuo's report . While the iPhone X does sport a 5.8-inch display, its actual surface area is less when compared to the 5.5-inch iPhone 8 Plus. It was released to mark the 10th anniversary of the first iPhone an...

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  • SPDR Dow Jones REIT ETF (RWR) Rises 0.79% for Jan 16
SPDR Dow Jones REIT ETF (RWR) Rises 0.79% for Jan 16

Sceptics have dubbed the latest phase of the bull market a "melt-up", with USA shares continuing to rise despite looking overpriced by traditional yardsticks, and warn it could be a last hurrah before a downward correction or crash. Citigroup rose 1.05 percent ahead of its earnings. Merck surged more than 7 percent after early results from a...

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  • Facebook Will Now Ask Users for Input on Trustworthiness of News Sources
Facebook Will Now Ask Users for Input on Trustworthiness of News Sources

Zuckerberg said the company will prioritize news from "trusted sources" and it will determine which outlets qualify by asking people in its ongoing surveys whether they're familiar with a news source, and if so, whether they trust that source.

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  • Someone is attacking Google and Apple's shuttle buses
Someone is attacking Google and Apple's shuttle buses

The buses suffered window damage, perhaps from a BB gun or rocks, Montiel said. Apple is now reportedly rerouting its employee buses as a result of the incident, a move that will add a significant amount of time to workers' commutes. "It could be Google, Apple or any other company", he said. The attacks have forced Apple's shuttle off the highw...

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  • Man faces arrest for wearing too many clothes
Man faces arrest for wearing too many clothes

On Twitter he wrote: "Being held at Iceland Keflavik airport because I had no baggage put all the clothes on and they still won't let me on". After being released from the police, he attempted to return to England, this time on an EasyJet flight.

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  • Suspect in California park stabbing says student was hitting on him
Suspect in California park stabbing says student was hitting on him

Bernstein, home for winter break, disappeared late at night on January 2 and was found a week later in a shallow grave along the perimeter of Borrego Park in Lake Forest, near where his parents live. Woodward was arrested on suspicion of homicide after investigators received DNA test results that matched his blood to the scene. Upon news of Samue...

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  • MoneyGram share price rises after Ripple (XRP) pilot announced
MoneyGram share price rises after Ripple (XRP) pilot announced

The company says XRP remains the most efficient digital asset for payments with transaction fees at just fractions of a penny, compared to Bitcoin fees of about $30 per transaction. Ripple is at the forefront of blockchain technology and we look forward to piloting xRapid . The ability to send money globally in real time has caught fire in ...

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  • Bitcoin Rises as Ripple's Attract Fades for Manic Crypto Merchants
Bitcoin Rises as Ripple's Attract Fades for Manic Crypto Merchants

Ripple , the white-hot cryptocurrency that has more than doubled in the past week, fell as much as 39 percent from the all-high reached yesterday. Ripple last week surpassed ether as the world's second-most valuable cryptocurrency after bitcoin.

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  • OPEC members not keen on Brent prices above $60
OPEC members not keen on Brent prices above $60

Most recently, traders and oil market observers are waiting to see whether President Donald Trump on Wednesday extends US sanctions relief to Iran as part of the 2015 worldwide agreement to curb the Islamic Republic's nuclear program. "U.S. crude oil production is forecast to average 10.3 million b/d in 2018, which would mark the highest annual ave...

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  • Google engineer fired for sexist memo sues ex-employer
Google engineer fired for sexist memo sues ex-employer

Damore was sacked five months ago after writing a 3,000-word memo that included the sentence: "I'm simply stating that the distribution of preferences and abilities of men and women differ in part due to biological causes and that these differences may explain why we don't see equal representation of women in tech and leadership".

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  • GoPro exits drone market, hints at search for a buyer, partner
GoPro exits drone market, hints at search for a buyer, partner

The action camera company said today that demand over the 2017 holiday period proved less impressive than GoPro had expected , and that it would be forced to shed staff as a result. "Despite significant marketing support, we found consumers were reluctant to purchase HERO5 Black at the same price it launched at one year earlier".

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  • Your iPhones, iPads and MacBooks are vulnerable to hackers, Apple warns
Your iPhones, iPads and MacBooks are vulnerable to hackers, Apple warns

The security vulnerabilities apply to all modern computer processors and affect almost all computers and smartphones, leaving tech companies scrambling to find a fix . "We proceed to create and test encourage alleviations for these issues and will discharge them in up and coming updates of iOS, macOS, tvOS, and watchOS", the article states.

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