• Bitcoin slumps after U.S. regulators reject Winklevoss crypto exchange-traded fund, again
Bitcoin slumps after U.S. regulators reject Winklevoss crypto exchange-traded fund, again

Cryptocurrency fans have boosted Bitcoin roughly 40 per cent this month amid a flurry of speculation that the regulator is just weeks away from allowing the first Bitcoin ETF to list in the U.S. According to SEC, "surveillance-sharing agreement" is a necessary for safety against fraud, manipulation and money laundering. They checked whether the...

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  • Trump's Deal with the EU Is Democrat Nightmare | Roger L. Simon
Trump's Deal with the EU Is Democrat Nightmare | Roger L. Simon

Trump told reporters it was a "very big day for free and fair trade" and later tweeted a photo of himself and Juncker in an embrace , with Juncker kissing his cheek. Some personal chemistry with a fellow veteran dealmaker and a quick sense that Donald Trump was ready to bargain helped Jean-Claude Juncker strike a surprise accord to avert a t...

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  • Close shave with Florida police wins homeless man job
Close shave with Florida police wins homeless man job

The video description stated Phil was hoping to land a job at a McDonald's restaurant but was told he couldn't be hired unless he shaved. Phil informed the officer that McDonald's had told him if he showed up with a clean shave he'd have a job.

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  • Zuckerberg loses $16 billion in record Facebook fall
Zuckerberg loses $16 billion in record Facebook fall

A drop in share price lowered the value of Facebook by a massive $118 billion - a record-breaking one-day drop in the value of a company. The plunge in Facebook shares dragged global tech stocks lower - even though the social media giant's shares had peaked at an all-time high only this week.

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  • European Union commissioner suggests broad cuts to tariffs with US
European Union commissioner suggests broad cuts to tariffs with US

On another front, Trump's administration has hit even its close allies the European Union , Canada and Mexico with levies on steel and aluminium exports to the United States , prompting retaliation against iconic USA products including bourbon whisky and orange juice.

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  • London Black Cab Drivers Trying To Sue Uber For £1bn
London Black Cab Drivers Trying To Sue Uber For £1bn

Correction, July 25, 2018, 10:32 a.m. EDT: A previous version of this article erroneously said Black London drivers were weighing a lawsuit against Uber over lost earnings. Unions have also criticised the firm for how it treats drivers. Uber won a probationary licence to operate in the city last month, after Transport for London had refused to ...

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  • China Withdraws Approval For Facebook’s Planned Venture
China Withdraws Approval For Facebook’s Planned Venture

These strict rules have forced U.S. tech giants to explore new ways to enter the big Chinese market. In attempts to better understand the country, Mark Zuckerberg , founder and CEO of Facebook, has learned Mandarin and visited China many times .

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  • In letter to Mexico, Trump urges quick NAFTA renegotiation
In letter to Mexico, Trump urges quick NAFTA renegotiation

It points out that the International Trade Commission's (ITC) investigation found no significant harm for US manufacturers from Canadian products and the US ITC did not recommend tariffs on Canada. In a letter to Andres Manuel Lopez Obrador , who won Mexico's presidential election on July 1, Trump said that he was looking forward to working closel...

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  • Oil rises after Saudi Arabia suspends shipments following Red Sea lane attack
Oil rises after Saudi Arabia suspends shipments following Red Sea lane attack

The Houthis have previously threatened to block the strait while Iran has threatened to block another strategic shipping route, the Strait of Hormuz. Brent crude oil futures rose 0.6% to $74.35 per barrel on Thursday at 6 48 GMT and United States oil reserves fell to a three and a half year low, Reuters reported .

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  • U.S. and European Union should ‘drop all Tariffs, Barriers and Subsidies’, Trump says
U.S. and European Union should ‘drop all Tariffs, Barriers and Subsidies’, Trump says

USA import tariffs of 25 percent on steel and 10 percent on aluminum imposed in March will stay in place during the talks, and Trump said Europe had agreed to raise purchases of liquefied natural gas and lower trade barriers to American soybeans .

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  • Trump administration announces $12 billion 'bailout' for farmers
Trump administration announces $12 billion 'bailout' for farmers

EU Trade Commissioner Cecilia Malmstrom, who will accompany Mr Juncker, expressed hope for a "de-escalation" of the tensions, but said the EU is drawing up a list of more USA products that could be hit with retaliatory duties if the trip fails.

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  • Foxconn Ramps Up Hiring Ahead of 2018 iPhone Production Cycle
Foxconn Ramps Up Hiring Ahead of 2018 iPhone Production Cycle

The iPhone XI Plus - AKA the Mac Daddy - will be the largest phone Apple has ever released, with a 6.5in OLED display, and it will be available in the following colors: Black , White , New Gold. "We will continue to provide modems for Apple legacy devices", according to CNBC . One thing's certain for now, if Davis is to be believed: we'll only...

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  • Iran Vows Equal Countermeasures If U.S. Tries To Block Oil Exports
Iran Vows Equal Countermeasures If U.S. Tries To Block Oil Exports

Over the weekend, Donald Trump warned Iran of unprecedented consequences if it threatens the US. He also said Washington would resume sanctions against Tehran after Trump withdrew in May from a 2015 nuclear deal with the aim of getting Iranian oil imports as close to "zero as possible" by November 4, when the penalties will resume.

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  • Trump secures concessions to avoid US-EU trade war
Trump secures concessions to avoid US-EU trade war

That emergency relief is now coming into focus. He also has threatened levies on an additional $200 billion of Chinese products in the next month, Bloomberg reported . The news lifted shares of farm equipment companies on the prospect that farmers will have more money to spend on tractors and other farm gear. Trump said.

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  • Facebook's Stock Plummets As User Growth and Revenue Miss Expectations
Facebook's Stock Plummets As User Growth and Revenue Miss Expectations

Daily user growth for Facebook's namesake service has slid in six straight quarters, bringing it to 1.47 billion users in the second quarter from 1.23 billion at the end of 2016 when it became embroiled in political issues. Expenses are expected to grow 50 per cent to 60 per cent compared with a year ago as the company invests in security, market...

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  • Sergio Marchionne, CEO Who Steered Fiat Chrysler Merger, Dies at 66
Sergio Marchionne, CEO Who Steered Fiat Chrysler Merger, Dies at 66

The auto industry has lost one of its strongest protagonists for mergers and acquisitions at a time when strategic alliances with technology companies are increasingly supplanting transformational mergers between traditional carmakers. The holding company of the Fiat founding family said on Wednesday that Marchionne had passed away. Fiat Chrys...

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  • Made in China: Trump re-election flags may get burned by his tariffs
Made in China: Trump re-election flags may get burned by his tariffs

Donald Trump and European Union officials appeared to step back from a trade war on Wednesday as they struck a deal to work toward "zero" tariffs, barriers and subsidies. The officials said payments couldn't be calculated until after harvests come in. "The move is an indication that Mr. Trump - ignoring the concerns of farmers, their representat...

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  • Mega Millions tickets sold in MA worth over a million dollars
Mega Millions tickets sold in MA worth over a million dollars

The winning numbers were: 1, 2, 4, 19 and 29 , with the Mega Ball 20. Although the odds of matching all six numbers is less than 1 in 302 million, that didn't stop Gwen Repulse from buying a ticket at Bluebird Liquor in Hawthorne. The last jackpot was hit on May 4th. The prize amount surged by $10 million, from $512 million to $522 million, ...

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  • Papa John's Adopts 'Poison Pill' To Stop Founder From Getting Control
Papa John's Adopts 'Poison Pill' To Stop Founder From Getting Control

He admitted to using the offensive term and apologized, while saying his comments were taken out of context. The plan would be activated if anyone acquires 15 percent or more of the company's outstanding shares without board approval. He sent a letter to the pizza chain's board accusing it of not "doing any investigation" when he was forced out of ...

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  • Former Fiat Chrysler CEO Marchionne dies
Former Fiat Chrysler CEO Marchionne dies

Brit Mike Manley replaced Marchionne as Fiat Chrysler CEO only last week, as the Italian's health worsened following surgery on his shoulder. After a long and arduous process of solidifying the company's assets, coming to terms with debt collectors, and receiving over $10 billion in financial assistance from the Obama administration, Chrysler p...

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