• Apple to contribute $350B to economy, hire 20000 workers
Apple to contribute $350B to economy, hire 20000 workers

Along with the creation of a new campus, its likely largest on record tax repatriation payment and job growth plans, Apple's announcement included even more U.S. Apple has announced plans to pay a whopping $38 billion tax bill so it can spend its overseas cash on a $30 billion USA investment plan. Other U.S.

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  • Governor Walker calls special election a 'wake-up call'
Governor Walker calls special election a 'wake-up call'

According to a Wisconsin State Journal report , Jarchow reported that he raised $240,00 in addition to loaning himself $50,000, while Schachtner raised $180,000. Walker holds a significant fundraising advantage over a sprawling field of Democrats, but faces his first re-election with an unpopular Republican president in the White House.

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  • Morgan Stanley beats on earnings despite big hit to trading revenues
Morgan Stanley beats on earnings despite big hit to trading revenues

Morgan Stanley's fourth quarter profit was 59% lower than the same period in 2016 following a one-off USA tax repatriation payment. Fourth-quarter net revenues were $9.5 billion compared with $9.0 billion, a year ago. The bank also had a weak quarter for fixed income sales and trading, taking a 46% decline in revenues from that sector. This is u...

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  • China's economy grows by 6.9% in 2017
China's economy grows by 6.9% in 2017

For the year, retail sales rose 10.2 percent, compared to 10.4 percent growth in 2016. The headline numbers and signs of property market resilience support economist views that fundamentals will remain intact in 2018, although some see headwinds from tighter regulations, US trade protectionism and a softer consumer sector.

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  • The numbers are in: Retailers had the best holiday season in years
The numbers are in: Retailers had the best holiday season in years

Holiday sales jumped 5.5 percent compared to a year ago, marking the largest jump seen since the end of the Great Recession, the National Retail Federation said on Friday. Not all categories of retail fared well in December. With the optimistic outlook for consumer spending, Fed officials expected the USA economy to grow 2.5 percent this year, ...

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  • Tesco Ireland records highest market share growth in five years
Tesco Ireland records highest market share growth in five years

The supermarket says its efforts to pass on less inflation to its consumers compared to rivals could be behind its sales performance. United Kingdom shares were marginally higher on Thursday as the pound weakened against the dollar and euro, helping offset weak earnings updates from the likes of Tesco and Marks & Spencer Group.

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  • India launches 30 satellites in Earth's orbit
India launches 30 satellites in Earth's orbit

Cartosat-2 Series is an advanced remote sensing satellite similar in configuration to earlier six spacecraft in the series and meant to augment data services to the users. Liftoff of the four-stage PSLV , boosted by six strap-on solid-fueled rocket motors, is scheduled for 0358 GMT Friday (10:58 p.m. EST Thursday) from the Satish Dhawan Space Cen...

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  • Judgement in third fodder scam case against Lalu Prasad on Janunary 24
Judgement in third fodder scam case against Lalu Prasad on Janunary 24

Tejashwi Yadav, Lalu's son, said the family had tried to communicate the news of Gangotri's death to the minister through the prison authorities in Ranchi. The superintendent of Birsa Munda Central Jail, could not be reached immediately for comment. The RJD jumped to its leader's defence, insisting the presence of the two was "co-incidental".

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  • BBC China editor Carrie Gracie quits in gender pay row
BBC China editor Carrie Gracie quits in gender pay row

Gracie said she learned last year that of the four global editors in the past four years at the corporation, two men had earned more than their female counterparts. "Nor could I stay silent and watch the BBC perpetuate a failing pay structure by discriminating against women". The BBC defended itself by saying its gender pay gap was below the nati...

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  • Police investigate disappearance of journalist last seen in Houston
Police investigate disappearance of journalist last seen in Houston

She also covers high school football recruiting across the Southeast Texas area. Monday morning, Houston Police told NBC News that Roland had been found, saying, "She appears unharmed". The disappearance of Courtney Roland , 29, caused alarm after she sent nonsensical texts to her mother and her roommate called police Sunday saying Roland ha...

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  • Flooding at JFK airport adds to misery after flight delays
Flooding at JFK airport adds to misery after flight delays

Equipment froze and baggage handling was delayed, which was compounded by staff shortages and heavier than normal passenger loads, the Port Authority said. You have little kids, you have animals. "We're frustrated. We didn't get any sleep and we still don't know where our bags are". The airline Virgin Atlantic tweeted in the early morning hours...

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  • United Kingdom lawmakers call for 'latte levy' on takeaway cups
United Kingdom lawmakers call for 'latte levy' on takeaway cups

The MPs urged ministers to set a target that all such cups be recycled by 2023 , and "if this target is not achieved, the government should ban disposable coffee cups". Estelle Brachlianoff, Senior Executive Vice-President at Veolia UK & Ireland, highlighted the progress it had already made in pioneering coffee cup recycling, working in partners...

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  • Fodder scam case: Lalu Prasad Yadav gets jail term of 3.5 years
Fodder scam case: Lalu Prasad Yadav gets jail term of 3.5 years

RJD chief Lalu Prasad Yadav was convicted by the court on December 23, 2017, in a Rs 950 crore fodder scam case. After spending two months in jail, Supreme Court granted bail to Prasad in the first fodder scam case. According to legal experts, Lalu Prasad could apply for bail immediately at the lower court itself if the quantum of sentence happens ...

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  • Mandeville Kmart will close in early April, company announces
Mandeville Kmart will close in early April, company announces

I mean, you heard a lot of rumors ahead of time about them. Kmart in Mandeville will shut down in early April as part of countrywide closures by Sears Holdings Corp ., company officials announced. "Sears Holdings continues its strategic assessment of the productivity of our Kmart and Sears store base and will continue to "right size" our store f...

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  • Lottery Mania: two large jackpots has people eager to buy tickets
Lottery Mania: two large jackpots has people eager to buy tickets

You could probably buy a small island, but then you'd have to build an airstrip and buy a plane to get in and out, so that would eat up so much of your winnings that you'd probably have to sell the island because you couldn't afford the real-estate taxes.

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  • You can get that $29 battery replacement, regardless of your iPhone's health
You can get that $29 battery replacement, regardless of your iPhone's health

Apple conceded it hadn't communicated the issue sufficiently well, and promised a more affordable way to replace the battery inside handsets dating back to the iPhone 6. Controversy began in December, over iOS being programmed to artificially limit the processing capabilities of older iPhones when their batteries were deemed insufficiently power...

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  • Twitter blocks German lawmaker's account after anti-Muslim tweet
Twitter blocks German lawmaker's account after anti-Muslim tweet

Von Storch, who is deputy chairwoman of the AfD's parliamentary group, claimed the "censorship" meant the end of the rule of law in Germany because Facebook had judged her before the legal process had run its course. Who is Beatrix von Storch? If she were to be charged and convicted, the granddaughter of Adolf Hitler's finance minister could b...

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  • 'Nigerian Prince' scam suspect arrested in Louisiana
'Nigerian Prince' scam suspect arrested in Louisiana

These messages are the butt of late night jokes, but people still respond to them. They continue: "They offer to transfer lots of money into your bank account if you will pay the fees or "taxes" they need to get their money. While such an invitation impresses most law-abiding citizens as a laughable hoax, millions of dollars in losses are caused ...

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  • Sensex ends 63 points lower; Nifty settles at 10477
Sensex ends 63 points lower; Nifty settles at 10477

The Nifty too rallied 2,344.90 points, or 28.65 per cent, in 2017. "Ever since Gujarat elections, expectations are rising that the upcoming Budget would be rural focused and that is supporting the market sentiment in the near term". Reliance Communications (RCom) today rose as much as 23%, after Mukesh Ambani's Reliance Jio announced yesterday ...

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  • Crude oil at fresh 30-months high
Crude oil at fresh 30-months high

WTI prices were supported by data from the U.S. Energy Information Administration late on Thursday showing domestic oil production C-OUT-T-EIA declined last week to 9.75 million barrels per day (bpd) from 9.79 million bpd the previous week.

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  • Crude oil settles above $60 for first time since June 2015
Crude oil settles above $60 for first time since June 2015

Most of the increase was in the Gulf of Mexico, where production was 290,000 barrels a day higher than in October. WTI prices were supported by data from the EIA late yesterday showing US oil production fell last week to 9.75M bbl/day from 9.79M bbl/day the previous week.

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  • Softbank reaches deal to get big discount on Uber shares
Softbank reaches deal to get big discount on Uber shares

Uber is losing more than $1 billion each quarter, and a new cash infusion is critical. By itself, SoftBank will likely only acquire enough shares to gain a 15% stake in the company; its partners will likely purchase the remaining 5% stake on offer, the Journal reported .

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  • Apple Board Tells Tim Cook to Fly Private Jet
Apple Board Tells Tim Cook to Fly Private Jet

Cook's pay increase in the company's 2017 fiscal year came mostly from cash bonuses, adding about $9. 3 million to Cook's roughly $ 3 million annual salary. Apple just awarded Tim Cook with a huge pay hike. Senior retail vice president Angela Ahrendts eked out the highest paid honor by less than $100,000 due to additional compensation ...

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  • The FCC says this wireless charging system won't kill you
The FCC says this wireless charging system won't kill you

State Board Of Administration Of Florida Retirement System invested in 21,958 shares or 0% of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website . However, Pi has a shorter charging distance of 1-feet, and the Energous product betters that by 2-feet. Oppenheimer downgraded the stock to...

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  • United States retail holiday sales jump 4.9%, biggest increase since 2011
United States retail holiday sales jump 4.9%, biggest increase since 2011

However, Quinlan said that brick-and-mortar stores saw the largest increases, with online sales only making up 11 to 12 percent of all purchases. The exciting retail growth across several categories should help many retailers post better numbers to close out the year, though they'd be smart to invest in their e-commerce capabilities in order to bui...

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