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Court denies Ghosn's request to attend Nissan board meeting

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One of the world's best-known auto executives, Ghosn was sacked as chairman of Nissan , Renault and Mitsubishi, and resigned as chief executive of Renault after his arrest. Nissan holds a 15 percent, non-voting stake in Renault, whose top shareholder is the French government. Nissan has not yet named a new chairman to replace Ghosn. Read More »

Woman Wins The Lottery 30 Times In One Day

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She bought 20 Pick 4 tickets with the numbers: 1-0-3-1. "A couple of times during the day, I saw those numbers", she said. "I almost had a heart attack", Brown told the Virginia Lottery. Lottery organizers reportedly said her chances of winning with all four numbers in that sequence were 1-in-10,000. Brown said she does not have "immediate plans" on how to spend her newfound fortune, but she is thinking long-term about using the money for home improvement projects. Read More »

Oil rises to $67 on cuts to Saudi, Venezuelan exports

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The Organization of the Petroleum Exporting Countries (OPEC) and its allies such as Russian Federation - known as the OPEC+ alliance - will meet in Vienna on April 17-18, with another gathering scheduled for June 25-26. The IEA's forecast came just a few weeks after the United States exported a record 3.6 million barrels of crude oil on a daily basis, with the country being also a major exporter of petroleum products including refined fuels. Read More »

Facebook temporarily removes Elizabeth Warren's ads calling for breakup of Facebook

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That, however, did not stop Warren from using the platform provided by one of her adversaries, Facebook, to place her campaign ad urging her supporters to join her quest in disbanding it, along with Amazon and Google . "We break them apart, that backs up the influence a little bit, and it makes absolutely sure that they're not engaged in these unfair practices that stomp out every little business that's trying to get a start". Read More »

European Union sources: Brexit deal close on Saturday, but United Kingdom cabinet rejected it

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Brexit Secretary Stephen Barclay accompanied the PM to the talks. Guy Verhofstadt, the European Parliment's Brexit co-ordinator, confirmed he and EP president Antonio Tajani will also meet Mrs May on Monday night. "If the votes go this week in a way which means that the prime minister's policy as she has set out and stuck to rigidly over the course of the last two-and-a-bit a years is taken away, dismantled slowly by Parliament this week, I think it would be very hard for the prime minister ... Read More »

Tesla Plans Price Hikes To Keep Struggling Stores Open

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The renewed public battle between Tesla's CEO and the SEC adds pressure on Musk, the public face of the electric vehicle-maker who is struggling to make it profitable after cutting the price of its Model 3 sedan to $35,000. This decision means that global prices will need to rise. Other than that, Tesla is not giving much away: accompanying the invitation is a high contrast image of the front profile of the electric SUV, which appears (rightly so) to have a higher roof than the Model 3. Read More »

John Oliver Robocalls the FCC About... Robocalls

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With a press of a big red button, he kicked off an autodialing call to the office phones of all five members of the FCC, with a recorded message that played every 90 minutes. "It turns out, robocalling is so easy, it only took our tech guy literally 15 minutes to work out how to do it", he said. Under US law, political robocalls to landline telephones are allowed without prior consent from the recipient. Read More »

Nvidia to buy Israel's Mellanox for $6.8 bln in data center push

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Nvidia has been pushing more into networking and connectivity with its own tailored solutions and Mellanox would bring further expertise along these lines, Bernstein analyst Stacy Rasgon said. It received a 5-star rating in CRN's 2018 Partner Program Guide . The deal , which is Nvidia's largest to date, reportedly saw the firm topple a $6bn bid made by Intel. Read More »

Tesla to raise prices and keep more stores open

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Musk on February 19 tweeted to his more than 24 million Twitter followers that Tesla would make around 500,000 cars in 2019. Cost savings from store closing will be only about half the expected amount as the company will close only half the number of stores planned, it said. Read More »

Two cryptocurrency exchanges shut down after Melbourne drug arrest

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Police in Australia arrested a man for drug trafficking and shut down two cryptocurrency exchanges he was associated with. " Digital currency exchange providers have had adequate time and opportunity to comply with these new laws and AUSTRAC has already refused the registration of two digital currency exchange providers", he said. Read More »

Brexit backers to United Kingdom prime minister: Don't delay

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If she fails, lawmakers are expected to force May to seek a delay to Brexit which some fear could see the 2016 decision to leave the bloc reversed. That idea is backed by a phalanx of pro-Brexit politicians, who say it would cut Britain free of European Union rules and red tape, allowing the country to forge an independent global trade policy. Read More »

Cash stays - digicash delay: Philadelphia says no to totally cashless future

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MA has gone the farthest on the issue and is the only state that requires retailers to accept cash. However, businesses like parking garages or lots, hotel accommodations, rental auto companies and Costco- that requires an online payment for membership, would be exempted from the said law due to the security for their financial charges on their customers. Read More »

Are Analysts Bullish about Rio Tinto plc (NYSE:RIO) after last week?

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Analyst's mean target amount for the company is 62.12. The P/E or Price to Earnings ratio of Hudson Technologies, Inc. The quick ratio and the current ratio of Hudson Technologies, Inc. RIO has also 554,786 shares volume. CLSA downgraded shares of Rio Tinto from an "outperform" rating to an "underperform" rating in a report on Thursday, February 7th. Read More »

Budget showdown looms over Trump's expected request for border wall funding

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Federal officials have said only about 111 miles have been built so far or are now under construction. Democrats, who oppose the wall as unnecessary and immoral, control the U.S. In the CBO's monthly budget review for December 2018, it estimated that the federal budget deficit would hit $317 billion for the first quarter of fiscal year 2019-$92 billion more than the deficit recorded during the same period last year. Read More »

World's top sovereign wealth fund to dump oil and gas shares

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Norway is western Europe's biggest oil and gas producer and its sovereign wealth fund, known officially as the Government Pension Fund, is used to invest the proceeds of the country's oil industry. The fund had holdings worth around $37 billion - 5.9 percent of its total equity investments - in the oil sector at the end of a year ago. Selling the shares means it would not be as reliant on oil prices, it says. Read More »

May suffers fresh setback in Brexit deal negotiations

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Leadsom, leader of the House of Commons, said Saturday she was "absolutely astonished" that European Union chief negotiator Michel Barnier was simply rehashing old ideas that Prime Minister Theresa May has already thrown out, dismissing his new proposal for the Irish border backstop as a joke. Read More »

Full-Time Jobs Surge in February

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This is the best month for jobs since 2012, and this strong February comes after an even stronger January. There was little change in the number of people who are self-employed, while employment dropped by 11,000 in transportation and warehousing, mostly in Ontario. Read More »

Porsche collects loads of four-figure deposits for Taycan EV

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To meet strong demand and cut waiting times, Porsche is already taking the necessary measures to boost series production even before actually starting it. It will have a range of more than 500 kilometers as measured in accordance with the NEDC. While that was nothing more than a rumor, Porsche has since confirmed plans to boost Taycan production, though the company didn't disclose exact figures. Read More »

Airbnb to purchase Hotel Tonight

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The amount of the deal was not disclosed. Guests are using the platform for every kind of trip, including business and last-minute travel. Founded in 2010, San Francisco-based HotelTonight garnered a valuation of $463 million with a $37 million Series E funding in 2017, according to PitchBook . Read More »

Bank of Canada keeps interest rate unchanged at 1.75 percent

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The overnight interest rate stays at 1.75 per cent - where it's been since October after the central bank hiked it five times since the middle of 2017. "With increased uncertainty about the timing of future rate increases, Governing Council will be watching closely developments in household spending, oil markets and global trade policy", the statement said. Read More »

Dozens injured as Turkish Airlines plane hits turbulence before landing at JFK

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Most injuries were minor, with passengers suffering bumps and bruises, but one person had a broken leg. Turkish Airlines Flight 1 encountered the turbulence about 45 minutes before landing at JFK, Coleman said. Turkish Airlines officials were not immediately available for comment. The incident comes just hours after neighboring Newark Airport was forced to close all of its runways after a flight from Montreal to Fort Lauderdale made an emergency landing due to smoke in the cargo hold. Read More »

European Central Bank cuts growth, inflation forecasts

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Its weekly decline of 2.6% was the worst since December. It also cut its growth and inflation forecasts while offering banks a new set of cheap loans to bolster economic growth. The greenback reached a new 2019 high against a basket of currencies and was last at 97.548. Investors who had been waiting for the jobs report to provide more clues on the state of the world's biggest economy were disappointed to learn US nonfarm payrolls increased by 20,000 last month, trailing estimates for a ... Read More »

Sports Direct tycoon Mike Ashley launches bid to take control of Debenhams

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The FTSE 100 group will also ask Debenhams' shareholders to appoint Ashley to an "executive role" from which he would look to build a "strong board and management team". He was instrumental in getting chairman Ian Cheshire and chief executive Sergio Bucher kicked off the board back in January. Sports Direct bought department store chain House of Fraser out of administration a year ago and analysts have speculated that he might want to put the two department store groups together. Read More »

UK Financial Conduct Authority Reveals Findings From First Cryptoassets Consumer Research

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The director added that, from the research , it is evident that a majority of those now investing in cryptoassets do not have an in-depth understanding of the market. The first by Revealing Reality explores the attitudes, understanding and motivations behind people's decisions to purchase and use different cryptoassets through qualitative interviews with a small number of cryptoasset owners. Read More »

Airbnb to Buy HotelTonight to Expand Platform

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The ink was barely dry on this morning's New York Times piece on how the next generation of IPO millionaires is " about to eat San Francisco alive " when Airbnb made an announcement that, ostensibly, will add a couple hundred more millionaires to the mix. Read More »

LK Bennett goes into administration

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They are part of the worldwide operations. Administrators say a sale process for the business has commenced during which trading will continue as normal, although web sales will be temporarily suspended. In 2008 Bennett sold a majority stake in the firm for between £80m and £100m, before buying back 45 per cent of equity that she did not already own from Phoenix Equity Partners in 2017. Read More »

Plane makes emergency landing, passengers evacuated in Newark

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Sources tell CBS2 that airport officials still haven't confirmed if a fire actually broke out in the cargo area. Firefighters swooped on the scene at Newark Liberty International Airport after the landing. and no flights were getting in or out, according to a message from the Port Authority on the airport's Twitter account, which said flights resumed about 9:45 a.m. Read More »

Disney Sale: Yankees Reportedly Buy Back YES Network With Amazon's Help

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While Sinclair can broadcast Yankees games through its various stations across the country, the Yankees are hoping Amazon will stream some of the games to a national audience, though details of how that will occur are unclear. 21st Century Fox, which is being acquired by Disney, had owned 80 percent of YES. As part of the deal to get Department of Justice approval for the Disney and Fox merger there was a requirement that the Fox Regional Sports Networks (RSNs) would be sold off. Read More »

Managing misconceptions to make the apprenticeship levy work for businesses - Business Voice

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Clare Phizacklea, chief talent officer at Busy Bees, said, 'We have a proud history of identifying and developing talent within Busy Bees through apprenticeship training. For example, a quarter of consumers are willing to pay more for products from a business they see as socially responsible. All apprentices, apprenticeship employers, schools and training providers in Worcestershire are being encouraged to submit their entries and nominations via the new online nomination process, before the ... Read More »

China urges India, Pakistan to resolves issues through dialogue

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Amid mounting outrage, the Indian Air Force carried out a counter-terror operation, hitting what it said was a JeM training camp in Balakot, deep inside Pakistan on February 26. Earlier this week, Chinese Vice Foreign Minister Kong Xuanyou reiterated his country's support to Pakistan for peace and stability in the region. Read More »

Australia's economy slows ahead of election

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It was the increase in public spending of 1.8 percent in the fourth quarter - as Morrison opened his chequebook for a slew of pre-election community programmes - that helped the economy avoid tipping into negative territory. ABS Director of Quarterly Economy Wide Surveys, Ben Faulkner said: "There were mixed results across the industries with rises in Food retailing (0.3 per cent), Other retailing (0.7 per cent) and Cafes, restaurant and takeaway services (0.3 per cent), which were offset by ... Read More »