• United States sets new March 2 date for China tariff rise amid talks
United States sets new March 2 date for China tariff rise amid talks

Deputy U.S. Trade Representative Jeffrey Gerrish will lead the Trump administration's team, which will also include Treasury Under Secretary for International Affairs David Malpass, according to the people, who spoke on the condition of anonymity.

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  • Sears to close 80 more stores, awaiting bids to stay in business
Sears to close 80 more stores, awaiting bids to stay in business

A committee of Sears' other leading creditors has argued that the company should shut down the business , closing all the stores and liquidating its inventory and other assets. However, Lampert hasn't officially submitted a bid. ESL said that should its bid be accepted, it expects the company to emerge from bankruptcy. Sears' corporate headquart...

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  • Sears to close 80 more stores as deadline looms today
Sears to close 80 more stores as deadline looms today

The deadline to submit bids for Sears is December 28 . At that time, ESL could participate in the auction against liquidation bidders on January 14. Should Lampert miss the deadline, it would put Sears and Kmart on the path to liquidation.

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  • Transformer Explosion Shuts Down LaGuardia Airport
Transformer Explosion Shuts Down LaGuardia Airport

Transformers, like the one that produced the bright light in Queens , change the electricity flowing through them into different voltages. " There are no injuries reported , and no fire", the fire department said. Now that everyone in NY has been told that last night's spectacular light show over Astoria was not due to an alien invasion but r...

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  • U.S. stocks shake off slide with late-afternoon rally
U.S. stocks shake off slide with late-afternoon rally

Eastern Time. The Dow Jones Industrial Average climbed 731 points, or 3.4 percent, to 22,524. The Standard & Poor's 500 Index rose 116.60 points to 2,467.70, recording a gain of 4.96 percent for the day. Texas Instruments dropped 1.3 per cent to $91.74. Although Wall Street's main fear gauge, the Cboe Volatility Index (VIX), fell sharply Wedn...

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  • Stocks rebound after pre-holiday thumping
Stocks rebound after pre-holiday thumping

The Dow marked its biggest point gain in history. Investors recouped all their losses from Wall Street's Christmas Eve plunge as stocks rallied across all sectors, giving markets their best single-day percentage gain in 10 years. "The market was pressured by worries over Washington, the Fed and the threat of the trade war sparking a globa...

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  • Stock Boom Day After Christmas
Stock Boom Day After Christmas

Other U.S. indexes fell too. United States stock futures pointed higher Wednesday as the American government remained partially shut down and President Donald Trump kept up his criticism of the Federal Reserve, saying it was raising interest rates too quickly.

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  • Oil ascends to $51 after soak slide; development fears gauge
Oil ascends to $51 after soak slide; development fears gauge

Crude dropped to the lowest level since July 2017 as concerns over a weaker global economy and turbulence in Washington overshadowed signals from OPEC that it may deepen output cuts. The declines were led by Hess Corp., which lost 8.4 percent, the most in nearly three years, after Venezuelan forces temporarily halted ships working at a formation ...

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  • Christmas Day opening hours: Is McDonald's open on Christmas Day 2018?
Christmas Day opening hours: Is McDonald's open on Christmas Day 2018?

In a real bind, small convenience stores including Wawa, 7-Eleven and Cumberland Farms will also be open on Christmas day . Denny's is no stranger to being open on Christmas Day . The Buffalo Wild Wings chain is not only open, but wants to give you the space to hold your own holiday party this Christmas . Here's a look at what is open an...

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  • US regulators tell Mnuchin nothing out of ordinary in markets
US regulators tell Mnuchin nothing out of ordinary in markets

President Trump's Treasury secretary called six top U.S. bankers on Sunday amid concerns over falling stocks, and has revealed he plans to convene a group of officials known as the 'Plunge Protection Team'. Mnuchin on Saturday quoted Trump as denying any plan to remove Powell. On top of these concerns, Washington is now roiled by a partial govern...

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  • Food and Liquor Stores Open Christmas Eve and Christmas Day 2018
Food and Liquor Stores Open Christmas Eve and Christmas Day 2018

There are virtually no times throughout the year that you can't count on Walmart to be open. LCBO and The Beer Store locations will be open until 6 p.m. Both stores have store locators on their websites where customers can check on their hours. All 24-hour stores will have those regular hours as well.

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  • Weekend Weather: Winter storm generates strong winds, rain across Island
Weekend Weather: Winter storm generates strong winds, rain across Island

In a statement issued Saturday, BC Hydro said it had called in crews from around B.C. and had more than 800 personnel in the field trying to clear downed trees and fix power lines felled in what it called "one of the most severe windstorms it has experienced in 20 years".

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  • GST rates reduced for several items
GST rates reduced for several items

After the new changes, 28 items are in the 28 percent slab. The original demand by Congress that all goods should come down to 18% and below except luxury items has been agreed by the Government. He added that the industry was also hoping for a GST rate reduction on air-conditioners. "The GST Council's decision to reduce the GST rates of certai...

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  • Dow ends lower amid fears of USA government shutdown
Dow ends lower amid fears of USA government shutdown

Major indices had been up about 1 per cent prior to the Fed announcement. Investors fear a recession is coming, and barring huge gains during the upcoming holiday period, when trading is usually quiet, this will be the worst December for stocks since the 1930s.

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  • Briefing: Google's China search project halted after internal complaints
Briefing: Google's China search project halted after internal complaints

If Google actually releases a heavily-censored search engine in China , it would directly contribute to Chinese oppression - which actually contradicts Google's motto "Don't Be Evil". Google saw backlash towards Dragonfly , both within the company and outside of the company. All these look like that the private sector had no idea about this p...

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  • Nothing To Stop New States Joining Nuclear Pact: Putin
Nothing To Stop New States Joining Nuclear Pact: Putin

Putin underscored a growing confrontation with the US over its move to pull out of a landmark 1987 arms control treaty. President Vladimir Putin on Thursday said the West was trying to hold back an increasingly powerful Russian Federation, during an end-of-year press conference that took aim at sanctions and "made-up" spy scandals.

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  • OPEC predicts a decrease in oil supplies from non-OPEC countries
OPEC predicts a decrease in oil supplies from non-OPEC countries

US crude inventories fell by 1.2 million barrels in the week to December 7, compared with expectations for a decrease of 3 million barrels. Oil prices rose on Wednesday, supported by a report showing a drop in us crude inventories, a cut in Libyan exports and an OPEC-led deal to trim output.

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  • Ex-NASA Engineer Creates Stinky Blitter Bomb For Package Thieves
Ex-NASA Engineer Creates Stinky Blitter Bomb For Package Thieves

Ex-NASA engineer and YouTuber Mark Rober has a common problem: thieves are stealing his Amazon packages right from his front porch. The former NASA engineer and YouTube personality is truly serving it up . But the cherry on top, folks, is the fake packaging label, which says that it was sent by Home Alone's Kevin McCallister from the a...

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  • Google To Spend $1B On New West Village Campus
Google To Spend $1B On New West Village Campus

Porat said that the company's most recent investments give it the ability to more than double the number of Google employees in NY over the next 10 years. The over 1.7 million square-foot campus is a result of lease agreements at 315 and 345 Hudson Street and a signed letter of intent at 550 Washington Street .

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  • US lettuce, cauliflower products recalled in Canada
US lettuce, cauliflower products recalled in Canada

The source of the potential outbreak is Adam Bros Farming in Santa Maria, California , which was identified as at least one source of the contaminated romaine lettuce that led to an E. Farms in Santa Barbara County tested positive for the bacterial strain and the owners are cooperating with USA officials. The products could be found in the green c...

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  • 'Big' China-US trade deal could happen 'rather soon:' Trump
'Big' China-US trade deal could happen 'rather soon:' Trump

China's trading partners, especially the USA, have complained that it has become a threat to technology and industrial operations around the world. The tariff cuts come after a December 1 meeting in Buenos Aires between U.S. The White House also officially delayed a rise in tariffs on $200 billion of products that had been due on January 1. Th...

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  • Apple faces ban on sale of older iPhones in China, Qualcomm says
Apple faces ban on sale of older iPhones in China, Qualcomm says

Apple released a statement saying "all iPhone models remain available for our customers in China ". The week after the U.S. arranged the arrest of a Huawei exec China has granted Qualcomm an injunction prohibiting the sales of most Apple smartphones in the country.

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  • Deal struck on Capitol Hill sexual-harassment reform legislation
Deal struck on Capitol Hill sexual-harassment reform legislation

In fact, the California Department of Public Health issued a new state policy in July that prohibits hemp-derived CBD in food products, aligning with the FDA's stance. "It's good news for our farmers", McMorris Rodgers said. The language of the bill had not been released as of Wednesday evening. U.S. Rep. Jason Lewis, a Republican, voted agains...

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  • Elon Musk says he doesn't respect SEC, his tweets have no oversight
Elon Musk says he doesn't respect SEC, his tweets have no oversight

Is it possible the guy who is now being investigated by NASA for smoking weed publicly, and who tweeted the only known weed joke to generate a fraud charge. Musk reportedly accepted the deal with the SEC "without admitting or denying the allegations of the complaint", according to a court document. Ultimately, Musk did not have the funding to tak...

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  • Kimberly-Clark issues voluntary recall of U by Kotex
Kimberly-Clark issues voluntary recall of U by Kotex

Kimberly-Clark, the parent company of Kotex, has announced it is recalling one of its tampons because of quality-related defects. Consumers have reported tampons unraveling and/or coming apart upon removal, leading some users to seek medical attention to remove tampon pieces left in the body.

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  • Google CEO denies political bias and plans for China search engine
Google CEO denies political bias and plans for China search engine

In other words, many people tag Trump's face with the keyword " idiot ". He added, "PJ Media found that 96 percent of search results for Trump were from liberal media outlets". "Getting access to information is an important human right, so we always are compelled across the world to try hard to provide that information". "I'm asking, is it fair t...

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  • Uber files paperwork to go public in listing that may eclipse Alibaba
Uber files paperwork to go public in listing that may eclipse Alibaba

Uber, of course, is going to want to beat Lyft to Wall Street, to capture the most eager ride-sharing app investors. On the other hand Uber's rival, Lyft has been in planning to go for the public in the next year also, but it seems like Uber is trying to steal the thunder of Lyft.

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  • Marlboro Maker Investing $2.4 Billion In Marijuana Market
Marlboro Maker Investing $2.4 Billion In Marijuana Market

Altria Group Inc., the maker of Marlboro cigarettes, has struck a deal to buy a large stake in Cronos Group Inc ., a cannabis grower in Toronto. With the Cronos investment, Altria will get a new opportunity to boost revenue as cigarette smoking continues to decline in the United States.

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  • Donald Trump throws his support behind Paris 'yellow vest' protests
Donald Trump throws his support behind Paris 'yellow vest' protests

Authorities said some 8,000 people were demonstrating in Paris , where 600 people had been searched and briefly arrested. The students were detained by police in the Paris suburb of Mantes-la-Jolie, in unrest that has spread to dozens of schools during three weeks of anti-government demonstrations.

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  • China is preparing to buy USA liquefied gas and soybeans again
China is preparing to buy USA liquefied gas and soybeans again

In particular, China is firmly convinced in reaching a trade agreement with the United States within 90 days. China has made no direct mention of specific goods they will start to buy nor given any timeframe for when they may start. "I think there is a higher likelihood that we get meaningful discussions now than in much of the last six months"...

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  • Alberta to Cut Oil Production, Crude Prices Rise
Alberta to Cut Oil Production, Crude Prices Rise

The Railroad Commission of Texas did something similar in the 1930s, before OPEC was created, because large oil producers at the time were anxious that independent drillers were over-supplying the market. The province is directing the Alberta Energy Regulator (AER) to launch the system of curtailment through existing legislation. Cenovus Energ...

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  • Stock Selloff Continues Amid Worries Over U.S.-China Tensions
Stock Selloff Continues Amid Worries Over U.S.-China Tensions

Under Trump and his predecessor, former President Barack Obama, Washington has pressured European countries and other allies to limit their business with Huawei , alleging the company's technology aids China's spy operations. "You can play hardball with a small country but you can't do it with the USA", he said. Benchmark U.S. crude lost $1 to $...

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  • OPEC agrees to deal to cut oil output, despite Trump pressure
OPEC agrees to deal to cut oil output, despite Trump pressure

Oil prices tumbled about 3 percent on Thursday as OPEC reportedly agreed to cut production, but ended its closely-watched meeting without a decision on how much crude the cartel will take off the market. Iran is now subject to US sanctions and as such won't participate in any curbs, the country's oil minister, Bijan Zanganeh said. Iranian Oil M...

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  • Trade Talks With China To End On March 1 Unless Extended
Trade Talks With China To End On March 1 Unless Extended

And then on Wednesday morning, Trump tweeted that he believed Xi "meant every word of what he said at our long and hopefully historic meeting". In the past, when longer-term yields have fallen below shorter ones, that has signaled a potential recession could follow within a year or so.

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  • Trump calls trade truce with China a big step forward
Trump calls trade truce with China a big step forward

USA indexes rose about 1% on Monday, following gains in Europe and Asia. Trump's surprise announcement comes a day after he and Chinese President Xi Jinping agreed to suspend any new tariffs and give negotiators 90 days to strike a deal.

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