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Johnson & Johnson Recalls Baby Powder After Asbestos Is Found

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Still, the result will "undermine" J&J's defense against 15,500 lawsuits claiming J&J's talc can cause cancer , University of MI business professor Erik Gordon told the New York Times . Bottles of Johnson & Johnson baby powder line a drugstore shelf in NY on October 15, 2015. "Last week both Beauty Plus and Claire's recalled their respective products, and consumers who have these batches/Lots of Claire's or Beauty Plus products should stop using them", the FDA wrote. Read More »

Much awaited launch of IPO got delayed by Saudi Aramco

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According to Bloomberg , the latest delay stemmed from investors' doubt over the company's $2 trillion valuation. CNN, citing a source familiar with the IPO process, said the listing was pushed back to allow quarterly results that would reflect impacts of the September 14 attacks on oil processing facilities at Abqaiq and Khurais. Read More »

Juul to stop selling fruit-flavored e-cigarettes

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Officials have largely blamed that surge on Juul , which dominates the United States market. The flavors affected by Juul's latest announcement-mango, crème, fruit, and cucumber-account for 10 percent of Juul's sales. Juul has maintained that it only intended its products for smokers who are trying to quit. Soon after, the Trump administration announced plans to ban all flavored e-cigarette products, citing alarming growth in teenage use of the products. Read More »

State Department orders Chinese diplomats to report official meetings

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Under the deal announced Friday at the White House, which officials from both countries are still discussing, China would agree to increase purchases of USA agricultural products. The US and China are also at odds over intellectual property rights and human rights questions including freedom of speech. Chinese companies have this year bought 20 million tons of soybeans, 700,000 tons of pork, 700,000 tons of sorghum, 230,000 tons of wheat and 320,000 tons of cotton from the US, according to ... Read More »

Netflix stocks rise 10% after adding 6.77m subscribers in Q3

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During the three-month period from July to September, the company's average streaming paid memberships and average revenue per user grew 22 percent and 9 percent year-on-year respectively, it said. San Francisco: Netflix added 6.8 million subscribers in the third quarter of this year internationally, compared to seven million it had forecast, even as the streaming giant braces for stiff competition as Apple and Disney prepare to launch similar services. Read More »

Italian envoy lauds Qatar for new labour reforms

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Italian ambassador Pasquale Salzano lauded Qatar and the Ministry of Administrative Development, Labour and Social Affairs for the approval of draft laws that further protect workers' rights. There are about 20 lakh foreigners working in this country, of which a large number are Indians. Othman did not state what the minimum wage will be, but the government had set it provisionally at 750 riyals ($206) per month. Read More »

Why Netflix Continues to Shrug Off Looming Threats From Disney and Apple

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Subscriber growth in the USA was weaker than expected (0.52 million net additions versus guidance of 0.80 million) while the global segment came in just ahead of guidance (6.3 million net adds versus guidance of 6.2 million). Plus, it's not only competing with other streaming providers - which it's been doing for years with the likes of Amazon, YouTube , and Hulu - but also with mobile devices and gaming services. Read More »

Disney+ & HBO Max Will Be "Noisy" But Not Competition — Netflix

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The bottom line the number of paid subscription-based rose in the three months to the end of September, in the world of 6.8 million. The outcomes for July by September represented a rebound from the earlier quarter when Netflix dropped US streaming clients for the preliminary time in eight years and missed desired goals and targets for brand spanking new subscribers throughout. Read More »

Volvo announces plan to become climate neutral by 2040

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Interestingly, it's the same found in Volvo's high-performance Polestar 2 EV . Due to the underfloor batteries, the XC40 Recharge has a slightly reduced ground clearance of 175mm, compared to 211mm on the regular model. Volvo said it will launch a new fully-electric auto every year over the next five years to meet its goal of having 50 percent of its global sales from all-electric cars by 2025. Read More »

Brexit deal has been agreed, say Boris Johnson and Jean-Claude Juncker

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Britain and the European Union have been racing to renegotiate the Withdrawal Agreement in time for an Oct 31 Brexit . The transition period was originally intended as a two-year period during which the United Kingdom could begin negotiations on future deals, however repeated Brexit delays means that the current transition period is 14 months. Read More »

Falling petrol prices keep lid on United Kingdom inflation in September - ONS

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Mike Hardie, a statistician at the Office for National Statistics stated: "Motor fuel and second-hand vehicle prices fell, but were offset by price increases for furniture, household appliances and hotel rooms". The ONS labor market data confirmed a dive in the pace of pay growth, which lately hit its fastest in over 10 years. Motorists saw lower fuel costs as petrol fell by 1p per litre against the previous month, while diesel fell by 0.8p. Read More »

OPEC, allies to keep oil market stability beyond 2020

USA crude inventories in the week to October 11 rose to 432.5 million barrels, according to the American Petroleum Institute's weekly report ahead of government stocks data due on Thursday. The International Monetary Fund cited a broad deceleration across the world's largest economies as it cut its growth forecast for 2019 to the lowest in a decade on Tuesday, and also lowered its projection for next year. Read More »

GM, UAW Reportedly Closing in on a New Contract

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Meanwhile, negotiations took a turn for the worst over the last weekend when General Motors had taken an unconventional attempt to offer contracts directly to the workers bypassing the union, a GM move which workers' union had labelled as an approach to starve off the striking workers to get them off the picketing line to resolve the longest nationwide GM strike since 1970. Read More »

GM and UAW reach tentative deal to end strike

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It's in the hands of the presidents and the chairs to be put to a vote, he said . "They realize we're not just fighting for ourselves; we're fighting for the middle class". Adams said the Lordstown plant's closing overshadowed, at least locally, the negotiations. "It (the plant being unallocated) was not the reason why we went out". Read More »

UK's Boris Johnson compares Brexit to climbing Everest as deadline looms

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But, as dawn broke over Brussels, Northern Ireland's Democratic Unionist Party dramatically rejected the accord, which would see their British-ruled province remain under European Union customs and Value Added Tax rules. The leaders also hope the summit will rise above the Brexit mire and focus on the European Union budget debate, bids by North Macedonia and Albania to start talks to join the bloc, and the crisis in relations with Turkey. Read More »

Volvo XC40 Recharge: Brand's first electric vehicle unveiled

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The obligatory zero to 100 km/h sprint is taken care of in a claimed 4,9 seconds, while top speed is limited to 180 km/h. The XC40 Recharge will also be the first Volvo to receive over-the-air updates for all on-board software, and it will debut a new Android-based infotainment system that Volvo developed with Google. Read More »

Current Technicals:: Aurora Cannabis Inc., (NYSE: ACB)

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Other stocks tend always to have low volume , and aren't of particular interest to short-term traders. But when Ave Volume is lower, the security will tend to be cheap as people are not as keen to purchase it. Featured Story: How are capital gains distributions different for tax-deferred account? The direction of the MACD signal is now Strengthening. ACB institutional ownership is held at 12.15% while insider ownership was 3.04%. Read More »

Union says deal with GM offers 'major gains'

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President Donald Trump and potential Democratic rivals in the 2020 presidential election. The UAW's national GM Council, a 175-member body of local union officials, will meet tomorrow morning in Detroit to back the deal and send it to the membership for ratification. Read More »

Pro-Kremlin Reporters Tour Abandoned US Base in Syria

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Pence says the president is "very concerned about instability in the region" and is denying that Trump gave Turkey the green light to launch the invasion when he announced a troop pullout. The 15-member council agreed to the brief statement after meeting for the second time behind closed doors since the Turkish operation began, forcing tens of thousands of civilians to flee and raising doubt about the fate of thousands of ISIS fighters in Kurdish jails. Read More »

Panera Bread Employee Fired Over Tik Tok Vid of Mac and Cheese

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The clip brought a wave of gripes last week from disillusioned customers of a chain known for "fast casual" dining typically perceived as a step above fast food in quality. But in another video , the user tearfully shared that she'd been fired from her job. Once the video went viral, she posted multiple videos to quell the backlash: In one, she defends Panera's practice of re-heating frozen food : "There's not a reason not to eat it", she said . Read More »

Emma De Souza ruling 'out of spirit' with Good Friday Agreement - Varadkar

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Mrs DeSouza had objected to the fact that she was deemed British when her US-born husband applied for a residence card. The Home Office rejected the application on the grounds that it considered Emma DeSouza a British citizen, and said the only way it could deal with the case was for her to "renounce her status as a British citizen". Read More »

Volkswagen CEO says electric car shift won't hurt margins-paper

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That said, the final decision hasn't been met yet, and the official sale statement (if any) will be published no sooner than late 2020. Volkswagen doesn't expect its new focus on electric cars - in order to avoid heavy European Union regulatory sanctions - to hurt its profit margins, Chief Executive Herbert Diess in a newspaper report today. Read More »

Pentagon slams 'unilateral' Turkish invasion in Syria

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The sanctions announced Monday, however, did not match the rhetoric and were seen as minimal by analysts and financial investors. Our goal is clear. Turkish and American officials had been in talks on the Halkbank case for at least a year. "The folly of trusting a terrorist group for keeping watch over another is exposed for all", said a senior Turkish official. Read More »

China to speed up purchasing U.S. agricultural products

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It was also reported that Washington would not raise tariffs from 25 percent to 30 percent on $250 billion worth of Chinese goods on 15 October. China, the world's largest rare earth exporter, sold 3,571 tonnes of rare earths in September, figures from the General Administration of Customs of China showed. Read More »

Harley-Davidson suspends production of electric motorcycle, Transport

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Although those who already own one have been told that the bikes are still safe to ride, Harley-Davidson asked both customers and dealers not to recharge them in outlets at home. The standard AC-powered wall-charger, on the other hand, takes a considerably longer, 12 hours 30 minutes to fully recharge the battery pack. Anchoring department comprises twin 300 mm discs with 4 piston radially-mounted callipers at the front and a 260 mm disc with a floating calliper at the rear. Read More »

Facebook's Libra loses one more member as its council becomes official

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However, it adds that " addressing such risks is not necessarily a guarantee of regulatory approval for a stablecoin arrangement ". Notably, the G7 report also acknowledges cryptocurrencies can potentially provide a faster and cheaper way to move money, as the current system can be "slow, expensive and opaque". Read More »

UAW boosts strike pay as GM walkout continues

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UAW-represented janitors who work for Aramark at five GM sites in MI and OH went on strike a day before autoworkers after working since March 2018 on a contract extension. "We are all standing together for our future". "Meanwhile, the latest GM proposal which appealed directly to employees bypassing union had ratcheted up heats further between the Union and the leading United States automaker , as a top UAW official had been quoted saying following GM's latest proposal, "( The automaker) ... Read More »

Porsche Taycan 4S: Lower-priced version might offer longest range

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The Performance Battery Plus option, however, has the two-layer, 93.4-kWh battery from the Taycan Turbo and Turbo S , delivering 482 hp (563 hp on overboost) and 479 lb-ft in this application. Six-piston caliper brakes with 360mm discs are fitted at the front, with four-piston, 358mm units at the rear. Under ideal circumstances, Porsche claims it takes 22.5 minutes to charge either pack from 5 to to 80 percent. Read More »

Apple Inc. (NASDAQ:AAPL) Shares Sold by Foresters Investment Management Company Inc

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First Amer Bank & Trust holds 185,548 shares. Fulton Breakefield Broenniman Llc bought 3,052 shares as the company's stock rose 9.70%. Camelot Portfolios Ltd Liability reported 14,658 shares stake. Apple's peers, including Google, Amazon, Microsoft, and Intel, were also trading up today, and that's likely in part due to an uncharacteristically gentle tweet from President Trump on the ongoing trade war with China, the place Apple and other tech giants go to make a lot of phones on the ... Read More »

Umployment rate increases in London, St. Thomas

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The gains were mostly in full-time work, the agency's Labour Force Survey said. Wages for permanent employees rose 4.3% year-over-year. On a year-over-year basis, employment in Ontario grew by 253,000. Saskatchewan reported year-over-year increases in educational services (up 3,900 jobs), manufacturing (an increase of 3,600 jobs) and other services (up 3,200 jobs). Read More »

Fed announces $60B in monthly Treasury bill buying program

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Central bank officials anticipated they would one day need to resume expansion of the balance sheet to keep operating under a system of "ample reserves". The Federal Reserve has announced a new program to boost liquidity in the U.S. financial plumbing and allow the central bank to better manage interest rates, but without changing monetary policy. Read More »