• Sergio Marachionne dead four days after stepping down as Fiat-Chrysler CEO
Sergio Marachionne dead four days after stepping down as Fiat-Chrysler CEO

Sergio Marchionne , man and friend, is gone". What we do know so far is that Marchionne underwent surgery on his right shoulder several weeks ago and that he had confirmed business appointments for late July. Marchionne rescued Fiat and Chrysler from bankruptcy after taking the wheel of the Italian carmaker in 2004 and he multiplied Fiat's valu...

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  • Iran's FM Javad Zarif tweets back at Trump: 'BE CAUTIOUS!'
Iran's FM Javad Zarif tweets back at Trump: 'BE CAUTIOUS!'

On Sunday, Iran's President Hassan Rouhnai had warned the USA against inciting Iranians against the regime. Trump's position that Iran is "not the same country anymore" is also a significant one, even if he didn't elaborate in this speech.

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  • Ryanair strike hits 600 flights, 100,000 passengers
Ryanair strike hits 600 flights, 100,000 passengers

She said the unions were demanding three things: that Ryanair applies the law of the countries where they operate, pursuant to EU law, that it recognises union representatives and that it applies the same working conditions to everyone who the company employees even if they are directly hired by third-party operators such as Crewlink or Workforce.

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  • U.S. to give farmers $12bn trade war bailout
U.S. to give farmers $12bn trade war bailout

The White House has already imposed a 25% tariff on $34 billion worth of Chinese products and, three weeks ago, threatened an additional round worth $16 billion. They are meant to protect domestic businesses and put foreign competitors at a disadvantage. The official announcement will come Tuesday afternoon from the U.S.

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  • USA announces billions to help farmers hurt by Trump tariffs
USA announces billions to help farmers hurt by Trump tariffs

Trump is also set to meet Wednesday with European Commission President Jean-Claude Juncker. The plan, however, has already magnified objections among some Republicans that the tariffs amount to taxes on American consumers. President Trump's tariff threats against China, Canada, Mexico and the European Union prompted immediate threats of reta...

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  • Trump to Provide $12 Billion in Aid to Farmers. Critics Cry ‘Welfare!’
Trump to Provide $12 Billion in Aid to Farmers. Critics Cry ‘Welfare!’

If tariffs punish farmers, the answer is not welfare for farmers - the answer is remove the tariffs. As just one example of how farmers are impacted, China used to import $1 billion worth of American-grown sorghum annually, which made up 77 percent of all US sorghum exports.

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  • North Korea dismantling key missile-testing site, images show
North Korea dismantling key missile-testing site, images show

North Korea has insisted Sohae was only for developing satellites, but US officials suspect it has also been used to flawless ICBM technology as the communist state sought to develop a nuclear weapon that could target the USA mainland. American officials expect North Korea to hand over around 50 sets of remains in coming weeks, but the drawn out p...

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  • Trump administration plans to help farmers hurt by global trade tensions
Trump administration plans to help farmers hurt by global trade tensions

Agriculture Secretary Sonny Perdue says the plan will help a broad number of farmers deal with the cost of "disruptive markets" as USA trading partners have retaliated for President Donald Trump's tariffs on imported goods. Already miffed by the president's actions on trade, adding subsidies for farmers is seen by many Republicans in Congress a...

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  • United States to give farmers $12bn trade war bailout
United States to give farmers $12bn trade war bailout

The White House has searched for months for a way to provide emergency assistance to farmers without backing down on Trump's trade agenda, and the new program will extend roughly $12 billion through three different mechanisms run by the Department of Agrigulture.

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  • Mega Millions Jackpot Is Over $500 Million
Mega Millions Jackpot Is Over $500 Million

Where is Mega Millions played? This is the 5th largest jackpot in the game's history. Tickets can be purchased at any New York Lottery retailer for $2, seven days a week. More details about purchasing tickets can be found on the Mega Millions website. There is a Mega Millions drawing every Tuesday and Friday. The drawing for the jackpot is...

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  • NY Daily News Lays Off Half Of Newsroom Staff
NY Daily News Lays Off Half Of Newsroom Staff

The union had been weakened, it had left the iconic Daily News building on 42nd Street-made famous in the Superman movies-and moved into a graceless brick in the brutalist style that teetered over the West Side rail yards. Like so many other print publications, the Daily News has battled faltering advertising revenue amid a transition to a digi...

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  • President Trump planning emergency aid to farmers affected by tariffs
President Trump planning emergency aid to farmers affected by tariffs

After Trump announced plans to impose $50 billion in tariffs on Chinese imports, Beijing retaliated with plans to impose tariffs on a range of agricultural products from the United States including soybeans, grains, meats and dairy products.

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  • US, Iran face-off to send oil price sky high
US, Iran face-off to send oil price sky high

Trump's claims that Iran threatens the U.S. are preposterous. Trump's comments come as part of a campaign meant to foment unrest and pressure Iran to end its nuclear programme and its support of militant groups, according to US officials.

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  • Alphabet shrugs off EU's record €4.3bn fine
Alphabet shrugs off EU's record €4.3bn fine

Other revenue, which includes its cloud business and hardware, was $4.4 billion. Alphabet has just released its Q2 2018 earnings report , showing another quarter of strong growth. "We delivered another quarter of very strong performance, with revenues of $32.7 billion, up 26 per cent versus the second quarter of 2017 and 23 per cent on a const...

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  • Pepperidge Farm recalls some Goldfish crackers for salmonella risk
Pepperidge Farm recalls some Goldfish crackers for salmonella risk

The Goldfish crackers involved in the recall include Flavor Blasted Xtra Cheddar, Flavor Blasted Sour Cream & Onion, Goldfish Baked with Whole Grain Xtra Cheese and Goldfish Mix Xtra Cheddar + Pretzel. Like Pepperidge Farm, the food giant said a supplier had raised the alarm over possible contamination of whey powder contained in the Ritz pro...

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  • Asian stocks ease, dollar near two-week lows on Trump comments
Asian stocks ease, dollar near two-week lows on Trump comments

The dollar hovered near its lowest level in almost two weeks after U.S. President Donald Trump talked of more tariffs on China and continued his attack on the Federal Reserve for raising interest rates , saying policy tightening penalizes the U.S.

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  • Alphabet hits a record high after earnings top expectations (GOOGL)
Alphabet hits a record high after earnings top expectations (GOOGL)

Android has around 80 percent of the world's market share of smartphones, thanks to Google's model of letting companies use it free but packaging its own services in the heart of the system. Alphabet would have hit nearly $7.9 billion in profits this past quarter, up from the $6.9 billion it earned in Q2 2017 and the $4.9 it made in Q2 2016.

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  • Tesla shares sink on reports carmaker is running short on cash
Tesla shares sink on reports carmaker is running short on cash

Tesla has reportedly asked suppliers to return some of the payments they have received for previous work, according to The Wall Street Journal . A Tesla spokesperson said the electric vehicle maker had asked fewer than 10 of its suppliers for a reduction in "total capex project spend for long-term projects that began in 2016 but are still n...

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  • Sanitary Napkins exempted from GST, rates cut for 50 other items
Sanitary Napkins exempted from GST, rates cut for 50 other items

Refrigerator, washing machine, small screen TV, storage water heaters, paints and varnishes, will henceforth attract 18 per cent GST as against 28 per cent at present. If the sanitary napkins are technically under GST, but taxed at 0%, manufacturers will still be able to get input tax credits. So when the government branded tampons and sa...

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  • White House expected to address Trump’s Iran tweets
White House expected to address Trump’s Iran tweets

He also added, "Do not play with the lion's tail or else you will regret it". Obama, despite Trump's predictions, made a peace deal with Iran instead of going to war. "You don't conduct foreign policy by tweet", Harf stated. The report also noted that Iranian political analyst Seed Leilaz said he believed Trump's remarks were simply "the storm ...

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