• Trump's SOTU Guests Represent Many Of His Favorite Talking Points
Trump's SOTU Guests Represent Many Of His Favorite Talking Points

The reactions to Melania's choice largely focused on how the Trumps have managed to make a child's suffering about themselves at the expense of the many other children who experience bullying. Trump and his wife returned to the White House together after the speech. He said: "I see Schumer is already criticising my State of the Union speech, ...

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  • U.S. job gains largest in 11 months; unemployment rate rises
U.S. job gains largest in 11 months; unemployment rate rises

Non-farm payrolls grew by 304,000 in January 2019, far exceeding the 165,000 jobs expected. Sales of existing homes plunged in December and fell 3.1 percent in 2018 from the previous year. The unemployment rate rose to 4 percent , its highest level since June, which the Labor Department attributed to the impact of the shutdown. With key data fro...

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  • Amazon first-quarter sales forecast misses estimates, shares down
Amazon first-quarter sales forecast misses estimates, shares down

Those profits also help fuel Amazon's growing devices business, which includes smart-home and connected-car gadgets that operate on Amazon's voice-activated Alexa platform. Amazon's net income rose to $3.03 billion, or $6.04 per share, in the quarter ended December 31 from $1.86 billion, or $3.75 per share, a year earlier, which included a tax ...

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  • India’s unemployment rate highest in 45 years
India’s unemployment rate highest in 45 years

Two of the National Statistical Commission (NSC) members, including the acting chairman, resigned this week alleging that the government withheld the release of this report. Even before its release, this was a controversial report. The government declined to confirm or deny the findings contained in the report. After the chaotic launch of a...

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  • Alibaba revenue growth slowest pace in 3 years, but beat on EPS
Alibaba revenue growth slowest pace in 3 years, but beat on EPS

Alibaba , the second most valuable public company in Asia after Tencent, posted on Thursday third-quarter revenue of 117.28 billion yuan (13.33 billion pounds), compared with 83 billion yuan a year earlier. On Jan. 31, Alibaba Group announced its financial results for the quarter ended on December 31, 2018. In other words, Alibaba has a lot of ...

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  • China says United States should bear consequences of Venezuela sanctions
China says United States should bear consequences of Venezuela sanctions

Guaido is now petitioning the Bank of England to prevent Mr Maduro getting his hands on $1.3 billion (£1 billion) in gold held in London vaults. Russia , which like China has loaned and invested billions of dollars in OPEC member Venezuela, called on Guaido to drop his demand for a snap election and instead accept mediation.

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  • Maduro says ready to negotiate with opposition with int'l mediation
Maduro says ready to negotiate with opposition with int'l mediation

Wednesday's protest was considered a crucial test for the reinvigorated opposition as it seeks to send a forceful message that Mr Maduro no longer has the people's backing and appeals to the military and the poor to shift loyalties that until recently looked solidly behind the president.

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  • At least 40 dead in Venezuela as US warns of 'serious consequences'
At least 40 dead in Venezuela as US warns of 'serious consequences'

Maduro accuses the United States of leading an open coup to oust him and exploit Venezuela's oil reserves, the largest in the world. Guaidó is regarded as Venezuela's real leader by the USA and the European Union, while Russian Federation and China have thrown their support behind Maduro.

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  • Venezuela's Guaido calls for new anti-Maduro protests
Venezuela's Guaido calls for new anti-Maduro protests

Russia , Belarus, Bolivia, Iran, Cuba , Nicaragua, El Salvador and Turkey voiced support for Maduro, while China called for resolving all differences peacefully and warned against foreign interference. Reuters reported last Friday that private military contractors who do secret missions for Russian Federation flew into Venezuela to beef up securit...

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  • U.S. accuses Huawei of stealing trade secrets, defrauding banks
U.S. accuses Huawei of stealing trade secrets, defrauding banks

A 10-count indictment in Washington state accused the company of stealing trade secrets from T-Mobile USA Inc. and offering bonuses to employees who succeeded in getting technology from rivals. banks into believing the two companies were separate, according to the Justice Department. Ms Meng, the daughter of Huawei founder Ren Zhengfei, was arr...

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  • Facebook allowed children to spend their parents' money without permission
Facebook allowed children to spend their parents' money without permission

In an internal analysis, Facebook found that from October 2010 to January 2011 children spent $3.6 million on games, according to the report. In one document , an employee at Facebook discussed how the company could use the "data to choose apps that would be good recipients for an automatic underage inflow ...

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  • Shutdown causes delays at airports
Shutdown causes delays at airports

Flights arriving into LaGuardia Airport were delayed by about 41 minutes as of 10:15 a.m. EST and gate hold and taxi delays were between 15 and 29 minutes, although FAA said it was decreasing. The news comes just two days after unions representing air traffic controllers, pilots and flight attendants expressed their " growing concern " for safe...

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  • Turks united in their support of Venezuela's embattled Nicolas Maduro
Turks united in their support of Venezuela's embattled Nicolas Maduro

Earlier on Thursday, Kremlin spokesman Dmitry Peskov said that Russian Federation considers Maduro as the legitimate president of Venezuela and he warned against any outside attempts to usurp the supreme power of the country. " This is an impressive blow ", the ex-president said, referring to the development in Venezuela. Mexico, however, sto...

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  • Family kicked off flight after passengers complained about body odor
Family kicked off flight after passengers complained about body odor

An American Airlines representative tells Yahoo Lifestyle: "They were asked to deplane after multiple passengers, along with our crew members and Miami airport team, were concerned about the comfort of our other passengers due to the odor".

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  • Germany's Maas rejects five-year limit on Irish backstop in Brexit deal
Germany's Maas rejects five-year limit on Irish backstop in Brexit deal

British news reports say that Prime Minister Theresa May plans to reject a cross-party consensus on Brexit in favour of avoiding a Conservative split. As of writing this article, GBPUSD pair is trading at 1.2877 down by 0.10% on the day. The shadow business secretary said the amendment did not "in any way" mean the party backed a second referendu...

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  • Google fined $57 million under European privacy law
Google fined $57 million under European privacy law

The lack of transparency is even more jarring to users, the watchdog said, because of the sheer volume of services Google operates - including its maps service, YouTube and app store. "For instance, this is the case when a user wants to have... complete information on his or her data collected for the personalization purposes or for the geo-trackin...

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  • Elon Musk announces Tesla will cut around 3,000 jobs
Elon Musk announces Tesla will cut around 3,000 jobs

After Elon Musk published a memo on Friday announcing plans to cut 7 % of Tesla's workforce, one analyst said the electric auto maker is at an inflection point. Musk said that the cuts are necessary to help Tesla cope with what Musk described as an "extremely hard challenge: making our cars, batteries and solar products cost-competitive with f...

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  • Taiwan holds live fire military exercises in response to China threat
Taiwan holds live fire military exercises in response to China threat

According to the DIA report, China has been acquiring technology "by any means available" - and its military is now more advanced than ever. The DIA report referenced a Chinese white paper from 2015, titled "China Military Strategy" ( pdf ), where the Chinese regime explained that while world war is unlikely, it intends to prepare for the possi...

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  • Huawei Is Target of U.S. Criminal Probe for Trade Secrets Theft
Huawei Is Target of U.S. Criminal Probe for Trade Secrets Theft

T-Mobile sued Huawei four years ago claiming the company had stolen the technology, winning a $4.8m (£3.7m) payout in 2017. The probe is at an advanced stage and could lead to an indictment soon, they said. The bills specifically cite ZTE and Huawei, both of which are viewed with suspicion in the United States because of fears that their switches...

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  • China Not Worried About Other States' Criticism of Death Penalty for Canadian
China Not Worried About Other States' Criticism of Death Penalty for Canadian

They also talked about the extradition case of a Huawei executive in Canada . Beijing on Tuesday repeated its calls for her immediate release, calling on Canada to correct its "severe mistake". Trudeau is staring down increasing pressure to move faster and more forcefully to complete a new oil pipeline in this country. The Chinese press be...

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  • British PM Theresa May faces confidence vote after Brexit defeat
British PM Theresa May faces confidence vote after Brexit defeat

Immediately after the vote, opposition leader Jeremy Corbyn tabled a no-confidence motion, saying it would give Parliament a chance to give its verdict "on the sheer incompetence of this government". In an open letter addressed to the prime minister, Juncker and European Council President Donald Tusk committed to making sure "that the backstop ...

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  • PG&E, utility tied to California wildfires, to file for bankruptcy
PG&E, utility tied to California wildfires, to file for bankruptcy

PG&E said in a company filing Monday that it has only about $1.5 billion in cash and cash equivalents on hand. "We can't view this just as one off", said Austin Brown, executive director of the UC Davis Policy institute for Energy, Environment and the Economy.

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  • Americans support Ocasio-Cortez's 70 percent tax rate on rich
Americans support Ocasio-Cortez's 70 percent tax rate on rich

In reacting on Twitter to Lieberman's comments last week, Ocasio-Cortez suggested Lieberman had been left behind by the changes in the Democratic Party . It's not the same thing, at all. Ocasio-Cortez replied, "Because I think he's a symptom of a problem ..." Because I think he's a symptom of a problem.

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  • Fed Vice Chair:
Fed Vice Chair: "Patience is a Virtue" with Interest Rates

Larry Summers, a Harvard professor and former Treasury Secretary under former President Bill Clinton, said earlier this week that he thinks there's "better than a 50-50 chance" of a recession in 2020. But when Rubenstein asked if he'd be happy to accept an invitation, Powell simply repeated: "I'm not aware of anyone not accepting it". Variou...

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  • Oil Enters Bull Market As Shorts Are Wiped Out
Oil Enters Bull Market As Shorts Are Wiped Out

However, they appear to be at wide odds over contentious issues, including intellectual property protection. By Thursday, however, the positive feelings ebbed because of a lack of a details on the talks despite a warm statement from China on the outcome, and financial markets took a breather from the rally.

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  • Sears agrees to consider revised Lampert bid
Sears agrees to consider revised Lampert bid

Lampert's latest attempt to rescue Sears came after his previous $4.4 billion bid fell short, prompting the retailer to make liquidation preparations ahead of bankruptcy court hearing in NY on Tuesday. Sears Holdings has rejected Chairman Eddie Lampert's bid to save the 126-year-old company, setting the storied retailer with more than 50,000 empl...

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  • First Alleged 2019 iPhone XI 'Leak': 3D Renders Reveal Triple-Camera Setup
First Alleged 2019 iPhone XI 'Leak': 3D Renders Reveal Triple-Camera Setup

Yes, finally it looks like Apple is bringing three cameras on the rear panel of the new iPhone . The flash LED and a microphone hole sandwich the third vertex of the triangle. However, the triple camera setup on the back has attracted the most attention with its unconventional and un-Apple like asymmetrical layout. Earlier leaks have pointed...

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  • Apple Cuts Steerage for Newest Quarter; Shares Tumble
Apple Cuts Steerage for Newest Quarter; Shares Tumble

But that's missing Apple's biggest problems, according to a new report from Nicolas Baratte and Cherry Ma, analysts at Hong Kong-based CLSA, who point directly to the iPhone's climbing average selling price (ASP) and increased competition from the likes of Huawei and others.

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  • Bluefin tuna sells for £2.5m world record at Tokyo fish market
Bluefin tuna sells for £2.5m world record at Tokyo fish market

It was bought by Kiyomura Corporation, whose owner Kiyoshi Kimura runs the Sushi Zanmai chain, the report said. Saturday's event was the first New Year auction of the Toyosu market, after the famed Tsukiji fish market shut last year to provide temporary parking for the Tokyo 2020 Summer Olympics.

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  • Powell says Fed will be ‘patient’ with monetary policy in 2019
Powell says Fed will be ‘patient’ with monetary policy in 2019

DXY's up move to the 96.60 region, or session highs, is now an ephemeral memory as a outcome of the dovish tone from Chief Powell's speech at the annual meeting of the American Economic Association. In response to questions, Powell also signaled a willingness to include changes to the Fed's gradual run-off of its balance-sheet in any review of mon...

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  • Apple shares dive; rare revenue warning drags global markets
Apple shares dive; rare revenue warning drags global markets

Bhansali has argued that consumers are no longer seeing the value for new models of Apple products, like the iPhone XS and MAX, which were more expensive than the iPhoneX, which she says itself was a disappointment. According to Cook, all of those factors (plus some others) resulted in fewer iPhone upgrades than expected. Some analysts, howev...

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  • 5 takeaways from Apple's stark China warning
5 takeaways from Apple's stark China warning

A key White House adviser said in response that the ongoing tensions were going to mean that a "heck of a lot" of United States firms with sales in China - not just Apple (Swiss: AAPL-EUR.SW - news) - would see their earnings downgraded until the two countries reach a deal.

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  • Struggling to sell iPhones, Apple blames customers for not upgrading
Struggling to sell iPhones, Apple blames customers for not upgrading

Apple saw "fewer iPhone upgrades" than anticipated thanks to the battery replacement program and the other aforementioned factors, which is why the company is now lowering its expected revenue estimates. Hassett added Thursday, noting that he was a "globalist" before joining the Trump administration: "If we have a successful negotiation with...

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  • Tesla shares go into reverse on missed deliveries and price cuts
Tesla shares go into reverse on missed deliveries and price cuts

The full US$7500 (NZ$11,270) tax credit for Tesla customers was cut in half to US$3750 at the start of the new year. Tax credits on its vehicles contributed to that profit. The $2,000 cut in prices, however, weighed on the stock, pushing it down 9.4 percent to $301.69 in morning trade on a broadly weaker day for US markets.

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  • Computer virus hits Tribune Publishing, Los Angeles Times
Computer virus hits Tribune Publishing, Los Angeles Times

Times . Jeff Light, editor and publisher of the San Diego Union-Tribune, began Saturday morning by issuing an apology . A cyber attack caused major printing and delivery disruptions on Saturday at the Los Angeles Times and other major USA newspapers, including ones owned by the Tribune Publishing Co.

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