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Warren Buffett says he’d support Bloomberg for president

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He understands the market system". The Oracle of Omaha is a nickname that Buffett's fans often use for him. Bloomberg has long flirted with a presidential run but hasn't made a definitive statement on the matter. He recently announced he had changed his voter registration back to Democratic, after being a Republican and an independent over the last few decades. Read More »

Oil Prices Rally Despite U.S. High Output

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Despite the slowdown in economic growth that emerged in late 2018, oil prices have been driven up this year by supply cuts led by the Organisation of the Petroleum Exporting Countries (OPEC). OPEC, as well as some non-affiliated producers such as Russian Federation, agreed late 2018 to cut output by 1.2 million barrels per day (bpd) to prevent a large supply overhang from growing. Read More »

E-commerce policy for data protection may further annoy US

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As per trusted sources, the draft policy comes post the government discarded a previous version in September 2018 due to opposition from some online retailers. This, coupled with rules barring the foreign-owned e-commerce services from selling products of the companies in which they have stakes and entering into exclusive deep discount deals with vendors to only sell on one platform, would stifle the growth of the industry. Read More »

Elon Musk's Tweets Aren't Making the SEC Happy

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Under a settlement approved by a judge last fall, Musk's tweets must be approved by the lawyer if it's possible they could influence the company's stock price. Musk took four hours to correct the tweet, insisting he meant the "annualized production rate" at the end of 2019 would be 500,000 a year, though he expected deliveries of about 400,000. Read More »

Belvidere Chrysler plant to lay off over 1,000 employees

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Jeep has confirmed that it will begin selling its upcoming Wagoneer and Grand Wagoneer full-size SUVs in 2021, but you'll be able to buy an all-new full-size utility vehicle from the brand starting next year. At FCA's Jefferson North facility, the automaker will invest $900 million to upgrade the plant. "Three years ago, FCA set a course to grow our profitability based on the strength of the Jeep and Ram brands by realigning our US manufacturing operations", FCA chief executive Mike ... Read More »

Next Porsche Macan Will Be Fully Electric, Coming After 2020

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Oliver Blume, Chairman of the Board of Management of Porsche AG, noted that the electric version of the Macan is a notable part of the company's electrification plans. Using a 350-kilowatt charge point, Porsche has hinted that 62 miles could be added in just 4 minutes and close to 250 miles in less than 20 minutes. The Macan has been a huge success for Porsche and is now the company's best-selling model. Read More »

American Hero Buys $540 in Girl Scout Cookies

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The man then returned shortly after his first sale and said he wanted to buy their entire stock of cookies so they could escape the chilly winter night. This man purchased 7 packs of cookies. Then he came back to the table. "When he told us to pack up all the cookies because he was going to buy them we were shocked", she said. Read More »

Of course some apps are sharing private health details with Facebook

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But news that Facebook is collecting reams of extremely personal information from other apps - without people's knowledge - is opening up a whole other avenue of criticism for the company. And also BetterMe Ltd did not give a response to the comment asked by app analyst . On Friday , the 22nd of February 2019, the Governor of New York, Andrew Cuomo had ordered two state agencies to investigate on a media report, which unveiled that Facebook may have been accessing far more personal ... Read More »

Amtrak train stranded in OR after hitting tree

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More than 24 hours later, there's still no movement. Meanwhile, passengers have been stuck on board with few updates and diminishing supplies. Irvin said road closures in the area due to heavy snow and downed trees are making it hard to provide alternative transportation. Read More »

Donald Trump Challenges OPEC for Cutting Oil Production

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The producers - and Saudi Arabia in particular - hiked output through November, when Trump surprised them by allowing some of Iran's biggest customers to continue importing its oil as sanctions snapped back into place. OPEC-led supply cuts are eating away at the expected crude oversupply many experts expected for 2019. Whether by coincidence or design, Trump's latest tweet comes on the eve of International Petroleum Week, which opens in London on Tuesday. Read More »

Plane struggles in high winds over Gibraltar

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The video shows the Airbus A320, which can hold more than 180 people, being thrown around by strong winds as it approaches the airport, with the wings dipping and lifting by almost 45 degrees as it tilts before it turns away. However, British Airways said passengers made their way off the flight as normal, and group transport was arranged for them to make their way to their desired landing point in Gibraltar. Read More »

SEC calls for Elon Musk to be held in contempt over tweet

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The settlement had required Musk to receive corporate permission from Tesla before posting any Twitter messages that could be considered material. 'He once again published inaccurate and material information about Tesla to his over 24 million Twitter followers, including members of the press, and made this inaccurate information available to anyone with Internet access, ' the SEC said in court papers filed in Manhattan federal court. Read More »

World's First 1TB MicroSD Cards Shown Off at MWC

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Western Digital's SanDisk microSD card offers 160MB/s read speeds , while the Micron card offers read speeds of 100MB/s. Meanwhile, SanDisk's SanDisk Extreme UHS-I can read at up to 160MB a second, with write speeds of 90MB/s. High speed: Reads up to 100 MB/s, writes up to 95 MB/s, with write acceleration via Dynamic SLC cache, and intelligent maintenance during idle time for sustained peak performance. Read More »

Windy and colder end to weekend; bitter start to Monday!

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The wind stays strong through the night, meaning that the High Wind Warning and Wind Advisory in effect for the area will remain through midday Monday . The departing storm will connect with an upper level low over the Great lakes and reorganize over the Canadian Maritimes on Monday . It will become mostly clear tonight with a low around 31. Read More »

These Apps Reportedly Shared Sensitive Personal Information With Facebook

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In April 2018, Facebook CEO Mark Zuckerberg testified before Congress about the company's data misuse. Many of them didn't explicitly disclose to users what information they were sharing with Facebook, according to the report . The WSJ reported that several apps share sensitive user data including weight, blood pressure and ovulation status with Facebook. "Sharing information across apps on your iPhone or Android device is how mobile advertising works and is industry standard practice", ... Read More »

Pinterest files for US IPO

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Still, marketers like Pinterest because a platform built around people sharing images of products and creative ideas makes is well suited for ads. Although it's still at its core a bookmarking and scrapbooking site, the company has morphed overtime to become more of a social network. Read More »

Bitcoin price hits $4,200

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XRP (XRP) traded 0.4% lower against the dollar and now trades at $0.32 or 0.00008050 BTC . The price of (BTC) fell below it technical support at $4,000 for the 1st time Saturday, 24 November since 27 September of Y 2017. Bytecoin (BCN) traded 0.2% higher against the dollar and now trades at $0.0007 or 0.00000017 BTC. Ethereum Classic (ETC ) traded up 3.2% against the dollar and now trades at $4.62 or 0.00115959 BTC. Read More »

Daimler, BMW to invest 1 billion euros in venture to rival Uber

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The REACH NOW app will offer multimodal services that allow customers to pay and book public transportation from their smartphone, including car-sharing, ride-hailing, and bike rentals. CHARGE NOW is an electric vehicle charging network. Customers of the service will be able to locate, use, and pay for public charging stations across the globe from an app. Read More »

Saputo Announces Agreement to Acquire UK-based Dairy Crest

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Saputo is understood to have no plans to change agreements with dairy farmer suppliers in Devon and Cornwall. Founded in 1933, Dairy Crest produces well-known household brands including Cathedral City cheese, Country Life butter, as well as Clover and Utterly Butterly spreads. Read More »

Apple plans to launch credit card with Goldman Sachs

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Apple has made a decision to use MasterCard's payment network and cardholders could stand to receive 2% cash back when they make a purchase, according to the report. She expected this new card may appeal to consumers who are "Apple zealots". It's now unknown if or how the Goldman Sachs partnership will affect the Barclaycard. Read More »

Trade War Cut US Soybean Exports to China 90% - Top USDA Economist

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The impact of the trade conflict was plain to see in the results of major agricultural trader Bunge, which bet big on Brazilian soybeans in light of the trade war's impact on U.S. He also said that he couldn't offer any information on the results of the trade talks until the current round ends. The soybean news is a bit surprising, he said. Read More »

National Margarita Day 2019 Freebies: 12 Restaurants Offering Drink Specials, Deals

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Abuelo's Mexican Restaurant has hand-crafted margaritas going for $6.95. Chili's is offering the Tropical Sunrise Margarita, Blueberry & Pineapple Margarita and Cuervo Blue Margarita for $5. Miller's Ale House : Miller's Ale House will be following suit, also offering $2.22 on House or Watermelon Margaritas on National Margarita Day at participating locations. Read More »

Britain says Huawei risks can be curbed, no signs of spying

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Huawei will present a plan to address British security concerns about its equipment by the end of the first half of this year, a senior company executive said on Thursday. He added that the United Kingdom has strict controls for how Huawei technology is deployed, with the company not present in any any sensitive networks, including those of the government. Read More »

Pedophilia allegations, Nestlé, Dr. Oetker and Disney stop advertising on Youtube

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The World Health Organization recently said " vaccine hesitancy " was one of 2019's top threats to global health. A Youtube spokesperson said that strict action was taken following the allegation, disabling the comments and removing comments on videos with minors in them as part of a larger ongoing effort to coordinate with the appropriate authorities and promote child safety. Read More »

Ford investigates its emissions testing and fuel economy

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The issues involving Ford's testing processes do not involve the use of so-called defeat devices - hardware and software designed deliberately to deceive government emissions tests, Kimberly Pittel, Ford's group vice president for sustainability, environment and safety engineering, told Reuters . Read More »

Neil Woodford backs £1.3bn bid for Provident Financial from ex-boss

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Collectively the pair own 47% of Provident and 55% of NSF . NSF originally approached Provident in January 2018 when the shares were trading as high as 675p but was rebuffed. The board's considered response to the offer will be announced in due course. Following the news of the offer, Provident Financial's share price climbed 4.4% on Friday morning to £5.34, with NSF's share price rising more than 7%, hitting 62p. Read More »

'No sign of survivors' in cargo plane crash in Chambers County

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At about the moment it disappeared from communication with the FAA, the flight had descended to about 6,900 feet and was flying at 282 miles per hour, according to the site Flight Aware . on February 23, 2019, one of these models crashed in Trinity Bay in Southeast Texas. He said about six people saw the plane go into the water. "Our focus is on our friends and colleagues who were on that plane, and we are doing everything we can to support their families". Read More »

Volvo launches new mild hybrid trims alongside refreshed XC90 SUV

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Under the "B" badge, Volvo has paired the XC90's existing 2.0-liter engine lineup with Kinetic Energy Recovery System (KERS) which is claimed to improve fuel efficiency by up to 15%. Volvo unveiled the 2020 XC90 Friday and confirmed to The Car Connection that it will go on sale later this year in the U.S. There are also new materials present onboard, including a wool blend. Read More »