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States across America have been rolling out the red carpet for Amazon ever since the online retail giant announced it was looking to open another corporate headquarters. He also was "puzzled by the idea of picking one location and growing it to 50,000 people". And losing HQ2 isn't a bad thing for Boston - for many reasons.
  • Pelosi subpoena risk ‘unlawful,’ Trump says, will take to Supreme Court docket

    Pelosi subpoena risk ‘unlawful,’ Trump says, will take to Supreme Court docket

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    To others, we give hundreds of millions of dollars. Trump also says he told the US military mobilizing at the southwest border that if USA troops face rock-throwing migrants, they should react as though the rocks were "rifles". "Do we let them in?" Trump also wants to build a wall on the southern border. The president went on to tell the crowd, without evidence, that the caravans from Central America are bringing in people with criminal records.
  • Facebook Revenues Hike 33%, Daily Active Users Rise 9% 10/31/2018

    Facebook Revenues Hike 33%, Daily Active Users Rise 9% 10/31/2018

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    Shares of Facebook were up about 3 per cent to US$146.22 after initially falling as much as 5 per cent following the bell, when they had closed up 2.9 per cent at US$146.22. For the quarter, Facebook reported sales of $13.73 billion and earnings of $1.76 per share, ahead of estimates of $13.78 billion and $1.47. Monthly active users totaled 2.27 billion, up 10% from a year earlier.
  • Oil prices fall on signs of rising supply, economy worries

    Oil prices fall on signs of rising supply, economy worries

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    This is the main reason why Trump has found it challenging to impose sanctions on Saudi Arabia over the murder of Jamal Khashoggi. Plus, it isn't clear how easily - or quickly Iran's crude-oil output can be replaced. USA crude inventories rose by 3.22 million barrels for a sixth week, the longest streak of gains since March 2017, the Energy Information Administration reported Wednesday.
  • The Coca-Cola Company (KO): Stock Under Active Eyes

    The Coca-Cola Company (KO): Stock Under Active Eyes

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    In terms of their assets, the company now has 36.02 billion total, with 1.76 billion as their total liabilities. It's relative volume stands at 1.97. More extreme high and low levels-80 and 20, or 90 and 10-occur less frequently but indicate stronger momentum.
  • United Kingdom to Slap New Tax on Technology Giants

    United Kingdom to Slap New Tax on Technology Giants

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    Businesses will only be taxed to the extent they are performing one of the "in-scope" business models , meaning the provision of a search engine, social media platform or online marketplace. It comes after a similar initiative was put forward by France's President Macron as a means helping to make good an expected shortfall in European Union budgets when the United Kingdom formally leaves the EU.
  • Social Enterprise UK chief blasts Autumn Budget

    Social Enterprise UK chief blasts Autumn Budget

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    The £2.7bn entrepreneur's relief which gives tax perks on sale of certain businesses has been retailed. Mr Hammond also indicated he was ready to bow to the growing clamour from Tory backbenchers for extra cash to ease the transition to Universal Credit when its rolls out nationally from next year.
  • VMware, Inc. (NYSE:VMW) Ducks Under The Trend Line

    VMware, Inc. (NYSE:VMW) Ducks Under The Trend Line

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    But how does this particular stock's price movements compare to the rest of the market? A price target is the projected price level of a financial security stated by an investment analyst or advisor. In total 4 analysts cover Portland General Electric (NYSE:POR). General Electric's payout ratio is 45.71%. Portland General Electric (NYSE:POR) last posted its quarterly earnings data on Friday , October 26th.
  • Stocks Performances and Technical’s to scrutinize: Royal Caribbean Cruises Ltd. (NYSE: RCL)

    Stocks Performances and Technical’s to scrutinize: Royal Caribbean Cruises Ltd. (NYSE: RCL)

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    The stock price exposed a move of -9.51% so far this year and uncovered flow of -11.00% in recent year. Year to Date performance value (YTD perf) value is 8.88%. It's relative volume stands at 1.28. US GAAP Net Income was $810.4 million or $3.86 per share and Adjusted Net Income was $836.3 million or $3.98 per share in 2018 versus US GAAP and Adjusted Net Income of $752.8 million or $3.49 per share in 2017.
  • Tesla approves Model Y for production

    Tesla approves Model Y for production

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    The Model 3 was delivered in record numbers during Q3, which raised the company's profit margins by 20 percent. The result is a victory for chief executive Elon Musk, who had promised a profit to investors earlier this year . This has been Tesla's plan all along and it seems the company is still on course. Tesla officials "were transparent about how hard it would be" to ramp up Model 3 production , said spokesman Kamran Mumtaz.
  • Saudi Crown Prince Gets Applause, Cuts Deals at Investment Summit

    Saudi Crown Prince Gets Applause, Cuts Deals at Investment Summit

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    The fallout has damaged Saudi Arabia, badly tarnished Crown Prince Mohammed bin Salman and raised questions about United States foreign policy priorities that hinge on the kingdom's financing or cooperation. Instead, the two officials said, the operation with Khashoggi turned violent. Mike Pence, the USA vice president, said the killing "will not go without an American response".
  • $1 million Mega Millions ticket sold in Davenport

    $1 million Mega Millions ticket sold in Davenport

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    It's unclear whether there are jackpot winners in other states. They can take $828 million in a lump sum or receive the full $1.537 billion in annual installments over the next three decades. The state is one of seven that allows winners to keep their identities secret, ABC News reports. While most states require the winner's identity to be made public, SC is one of eight states where they may choose to remain anonymous.
  • $1 million Mega Millions ticket sold in Davenport

    $1 million Mega Millions ticket sold in Davenport

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    It's unclear whether there are jackpot winners in other states. They can take $828 million in a lump sum or receive the full $1.537 billion in annual installments over the next three decades. The state is one of seven that allows winners to keep their identities secret, ABC News reports. While most states require the winner's identity to be made public, SC is one of eight states where they may choose to remain anonymous.
  • Wall Street opens higher after volatility

    Wall Street opens higher after volatility

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    Facebook lost 5.4 percent. Intel, due to report earnings later this week, fell 4.7 percent. The Dow opened up in the morning. The S&P 500 fell 33 points, or 1.2 percent, to 2,706 as of 11:35 a.m. "I've recently been describing them as akin to driving a auto with one foot pushing hard on the accelerator while the other is tapping on the brakes".
  • European Union formally rejects Italy's draft budget | Money Talks

    European Union formally rejects Italy's draft budget | Money Talks

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    In 2015, the Commission presented guidance on how it will apply the existing rules of the Stability and Growth Pact to strengthen the link between structural reforms, investment and fiscal responsibility in support of jobs and growth, which was later translated in to a "Commonly agreed position on Flexibility within the Stability and Growth Pact" and endorsed by the Council in 2016.
  • Oil falls after Saudi Arabia reassures market on supply

    Oil falls after Saudi Arabia reassures market on supply

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    But he added that with Iranian sanctions coming into full force next month, there were no guarantee oil prices would not go higher. The American Petroleum Institute (API) on Tuesday reported a buildup of 9.88 million barrels in the US crude oil inventories for the week ending October 19.
  • U.S. revokes 21 Saudi visas over Khashoggi death

    U.S. revokes 21 Saudi visas over Khashoggi death

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    Khashoggi , 59, vanished on October 2 after entering the Saudi mission to obtain documents for his wedding. Riyadh has blamed a "rogue operation" for the death of the prominent Saudi journalist and said the crown prince had no knowledge of the killing.
  • A Mega Millions win means big tax revenue, too

    A Mega Millions win means big tax revenue, too

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    Only one of those tickets was sold in the Bay Area. Experts caution that the victor or winners will face many headaches that come along with their newfound riches. Before this week's Mega Millions , the United States lottery jackpot record was $1.586 billion, split among three winning Powerball tickets in January 2016.
  • Saudi king, crown prince meet Khashoggi family

    Saudi king, crown prince meet Khashoggi family

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    He said the Saudis did not know how Khashoggi had been killed. The Turkish and Saudi versions of Khashoggi's slaying - neither of which is on the record from the officials' governments - do not match. CNN described the images as law enforcement surveillance footage. They like each other I believe. Back on Saturday, Freeland had noted that the Saudi explanations on the death of Khashoggi at its consulate in Istanbul lacked credibility and consistency.
  • Canada condemns Saudi’s narrative of Khashoggi’s death

    Canada condemns Saudi’s narrative of Khashoggi’s death

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    Turkish government sources have claimed that Khashoggi, a critic of Crown Prince Mohammed bin Salman and the Saudi government, was tortured and murdered by a hit squad flown in from Riyadh. Forensic expert Salah Tubaigy tried to remove any trace of the incident, the official said. We don't know in terms of details how. South Carolina Republican Senator Lindsey Graham went even further, totally undermining the Saudi crisis management.
  • Oil Rises To Approximately $80

    Oil Rises To Approximately $80

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    Washington should take the opportunity to undo this terrible complicity by withdrawing logistical and intelligence support. The fall comes at a time when the demand growth slows despite concerns that renewed USA sanctions on Iran's oil industry from November could tighten up supplies.
  • China's economy grows at slowest pace since financial crisis

    China's economy grows at slowest pace since financial crisis

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    Some analysts have also warned that China may face "stagflation", where economic stagnation is coupled with higher inflation. China's third quarter economic growth slowed to its weakest pace since the global financial crisis, and missed expectations, as a campaign to tackle debt risks and the trade war with the United States began to bite.
  • Caravan Forced Back at Mexican Border

    Caravan Forced Back at Mexican Border

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    And what will happen if they do? The caravan quickly grabbed the attention of world leaders as word of its formation spread over the weekend. During a press briefing in Arizona on Friday, the President reminded reporters the groups are not "little angels" but rather "hardened criminals".
  • Caravan migrants break Guatemala border fence, rush Mexico

    Caravan migrants break Guatemala border fence, rush Mexico

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    In a series of raging tweets, the U.S. president urged Mexico to "stop this onslaught" and prevent the would-be immigrants from entering the US. After an hour of rowdy yelling and chanting , some migrants managed to push open the fence and hundreds surged through behind them , overwhelming a small contingent of Guatemalan riot police officers.
  • Netflix Adds Seven Million New Customers

    Netflix Adds Seven Million New Customers

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    Despite the subscriber gain, Netflix continues to burn cash, as the loss reached nearly $860 million in the quarter. "One of the big questions after they missed the earnings and membership numbers in Q2 was whether it was just an aberration or a sign of weakening business", Forrester principal analyst Jim Nail said .
  • Canadian marijuana ban goes up in smoke

    Canadian marijuana ban goes up in smoke

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    The BBC, which also covered the first person in Canada to buy legal weed in St. John's, N.L., noted that the country's police forces weren't ready to tackle drug-impaired driving. A long-time cannabis advocate says the legalization of recreational marijuana in Canada is a remarkable step forward, but many flaws remain in the law .
  • Bitfinex to have a new fiat deposit system by tomorrow

    Bitfinex to have a new fiat deposit system by tomorrow

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    Tether at present has a cap of $2,216,432,235 and its 24 hrs trading volume is about $2,685,400,529. It is usually not possible to purchase alternative cryptocurrencies such as Tether directly using United States dollars. It is therefore unsurprising that others are moving into the space to compete for that business - and perform the kind of service that Tether has always been synonymous with.
  • Canada to pardon small possession convictions as it legalises marijuana

    Canada to pardon small possession convictions as it legalises marijuana

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    Even though cannabis is legal within Canada, it's illegal to bring it into the country, even if you're traveling from one of the US states where it's legal as well. Wednesday - a landmark law that made headlines around the world - but Ontario residents can only legally buy the drug through a government-run online service, the Ontario Cannabis Store, until bricks-and-mortar dispensaries open in April.
  • Pompeo says Saudis promise to punish wrongdoers in Khashoggi case

    Pompeo says Saudis promise to punish wrongdoers in Khashoggi case

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    Officially entitled the Future Finance Initiative, the Saudi conference describes itself as an "international platform for expert-led debate between investors, innovators and governments as well as economic leaders". The US president gave no evidence to support the theory. "Well this is not rogue killers , this is a rogue crown prince", Graham said in a separate interview with Fox News Radio.
  • Trump criticizes rush to condemn Saudi Arabia over Khashoggi

    Trump criticizes rush to condemn Saudi Arabia over Khashoggi

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    Khashoggi, 59, had been living in the US for a year in self-imposed exile and writing columns for the opinion section of The Washington Post . On Oct. A Turkish prosecutor left around one and a half hours later, followed shortly after by a Saudi team that departed in three vehicles, another witness said .
  • Saudi Arabia told to investigate disappearance of missing journalist

    Saudi Arabia told to investigate disappearance of missing journalist

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    Trump paid his first foreign visit as president to Saudi Arabia previous year, praised its new young ruler, the king's son Prince Mohammed, and boasted of striking a deal to sell $110 billion (€95 billion) of USA weapons to the kingdom, something the president said he doesn't want to halt over the missing reporter, because it would hurt the U.S.
  • Jamal Khashoggi: Turkey 'to search Saudi consulate' in Istanbul

    Jamal Khashoggi: Turkey 'to search Saudi consulate' in Istanbul

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    Mr Trump said to reporters at the White House: "The king firmly denied any knowledge of it". It says one of the sources told them that the intention was to abduct Khashoggi and it had not been authorized by the Saudi government. Trump called Khashoggi's disappearance a "terrible situation". "There's something really awful and disgusting about that, if that was the case, so we're going to have to see", Trump said.
  • Moline Kmart will close as part of Sears bankruptcy

    Moline Kmart will close as part of Sears bankruptcy

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    Lampert has been criticized for maintaining his distance from Sears as the company struggled, visiting headquarters only about once a year for the annual shareholder meeting. At its peak, the operator of Sears and Kmart had around 4,000 stores, but it will now be left with a little more than 500, according to the Associated Press.
  • Saudi King Salman thanks Erdoğan for joint working group on Khashoggi

    Saudi King Salman thanks Erdoğan for joint working group on Khashoggi

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    Trump promised to personally call Saudi Arabia's King Salman soon about "the bad situation in Turkey". The Crown Prince has launched a series of social reforms in Saudi Arabia, including allowing women to drive. Later Mr Hunt said that whatever happened now was "absolutely up to Saudi Arabia". The U.S. has called for an investigation . So is Saudi Arabia. Major US defence contractors have expressed concern to the Trump administration that US politicians angered by Khashoggi's ...
  • Energy stocks get whacked after OPEC says oil is 'well supplied'

    Energy stocks get whacked after OPEC says oil is 'well supplied'

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    Brent crude fell $1.74 a barrel to a low of $81.35, its lowest since September 27, before recovering a little to trade around $81.70 by 0850 GMT. Oil prices slipped on Wednesday after the International Monetary Fund lowered its global growth forecasts, but markets were supported as Hurricane Michael moved toward Florida causing the shutdown of almost 40 per cent of U.S.
  • Mnuchin: Trump respects Fed but likes low interest rates

    Mnuchin: Trump respects Fed but likes low interest rates

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    In addition, the looming increase in the federal budget deficit will require the Treasury to increase the amount of money it borrows. "I think what you saw was a test and a failure ... President Donald Trump pauses as he speaks at a campaign rally at Erie Insurance Arena, Wednesday, Oct. 10, 2018, in Erie, Pa. "The market seems to have accepted the Fed's rate path", said Megan Greene, chief economist at Manulife Asset Management.
  • Longest long-haul flight to NY draws curious flyers

    Longest long-haul flight to NY draws curious flyers

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    Luckily, these flights aren't really aimed at the likes of me. The 16,700-kilometer flight takes 18 hours and 45 minutes. Singapore Airlines now operates 40 flights per week to the U.S. As with other Singapore Air long-haul routes, you can eat local favourites such as chicken rice and beef hor fun, or 'Book the Cook , ' a service that allows you to order dishes like lobster thermidor or rib-eye steak up to 24 hours before the flight.
  • Facebook confirms 30 million people had personal data stolen in breach

    Facebook confirms 30 million people had personal data stolen in breach

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    The hackers - whose identities are still a mystery - accessed the names, phone numbers and email addresses of 15 million users, he said. Facebook says the attack didn't impact Messenger, Messenger Kids, Instagram , WhatsApp, Oculus, Workplace, Pages, payments, third-party apps, or advertising or developer accounts.