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Is the US in an economic war with China?

In Business, Education, Finance, Video by Fox Business NewsLeave a Comment

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Brian Brenberg, associate professor of economics at The King’s College, on Steve Bannon’s comments about trade between the U.S. and China.... Read More
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AI Weekly: Amazon bots are helping bring the USPS back from oblivion

In Business, Education, Emerging Technology, Finance, Gaming, Government, Legal, Security, Start Up by Venture BeatLeave a Comment

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The United States Postal Service is not exactly bouncing back from oblivion these days, but it’s worth noting that there’s been a slight bump in one area. For the low-margin Shipping and Packages division, there was an 11 percent increase in revenue over last quarter. In general, these items — small packages that come to your mailbox but not snail mail letters — have kept the USPS from sinking like a ship. For the savvy readers out there, you might already know there is one company that is helping them rebound. Hint: It’s named after an area in South America. ... Read More
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As NAFTA is renegotiated, stakes are high for American farmers

In Finance, Government, Video by CCTV AmericaLeave a Comment

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Published on Aug 17, 2017Negotiations over the North American Free Trade Agreement (NAFTA) are underway among the U.S., Canada and Mexico. But American industries are divided over how to revamp the 1994 agreement. Category License Standard YouTube License ... Read More
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Can online shopping absorb traditional retail workers?

In Business, Finance, Government, Video by PBS NewsHourLeave a Comment

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The growth of e-commerce continues to wreak havoc on traditional retail and its workforce, with 5,300 store closings announced in the first half of 2017 and 64,000 job cuts expected. What will become of the 16 million Americans who work in the retail industry as current trends toward online shopping continue? Economics correspondent Paul Solman reports.... Read More
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The risks of the Fed keeping interest rates too low for too long

In Finance, Government, Science & Nature, Video by Fox Business NewsLeave a Comment

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Published on Aug 17, 2017Allianz Chief Economic Advisor Mohamed El-Erian on tax reform, Federal Reserve policy and investing in this market environment. Category License Standard YouTube License ... Read More
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At Impish Lee, things take a natural course

In Business, Finance, Government, Start Up by Innovate LILeave a Comment

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By GREGORY ZELLER // Impish Lee has found a way to go even au naturel-er. The Sea Cliff-based customized-lingerie manufacturer has innovated its trillions-strong-and-yet-barely-there product line once again, this time introducing a 95-percent-natural fiber that thinks globally and acts sexually. Customers can now choose to have their personalized products – trillions of possible combinations, factoring styles, fabrics, colors, sizes, add-ons and more – fashioned with modal jersey, a sustainable (and super-soft) fabric comprised almost entirely of beechwood fiber, making it a friend to allergy sufferers and Mother Earth al... Read More
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Albany rings bell for Restore NY, round five

In Business, Education, Finance, Government by Innovate LILeave a Comment

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Hempstead will host an informational meeting for Long Island municipalities craving a slice of Gov. Andrew Cuomo’s latest competitive-funding pie. With $80 million up for grabs in Round 5 of the Restore NY Communities Initiative, the Empire State Development Corp. – Albany’s main economic-development engine – has scheduled three workshops around the state to educate would-be applicants on the urban-revitalization program. All three informational workshops, including a Sept. 29 meeting at Hofstra University, are scheduled for late September. Ro... Read More
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DMarket launches ICO, plans blockchain marketplace for in-game items

In Business, Finance, Gaming, Government, Start Up by Venture BeatLeave a Comment

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Blockchain-based game marketplace DMarket has raised $2.5 million in a presale and launched its public token sale (ICO) today. The ICO, which kicked off just an hour ago, has so far generated over $1.5 million. DMarket’s decentralized, cross-game marketplace will let gamers freely trade and sell in-game assets, earning real value for those virtual items. In the $100 billion-plus gaming market, only about 4,000 of the millions of gamers are able to profit from their time spent gaming, the company said. It wants to open up that capability to all gamers. Right now, people can make money off in-game items they sell on the Steam Marketplace, which is in Valve’s digital communi... Read More
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OCC approves Sterling, Astoria merger

In Business, Emerging Technology, Finance, Government by Long Island Business NewsLeave a Comment

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Sterling Bancorp and Astoria Financial Corp., have obtained the approval to merge from the Office of the Comptroller of the Currency. The transaction, announced March 7 and approved by both banks’ shareholders on June 13, still must be approved by the Federal Reserve System’s Board of Governors. Assuming the deal is approved, Astoria expects to merge into Sterling in the fourth quarter of this year. Montebello, N.Y.-based Sterling Bancorp, the parent of Sterling National Bank, would be acquiring Astoria, parent of Astoria Bank, with about $14.1 billion in assets. Share this:... Read More
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Trump increasingly isolated as business panels dismantled

In Business, Emerging Technology, Finance, Government, Legal by Long Island Business NewsLeave a Comment

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With corporate chieftains fleeing, President Donald Trump abruptly abolished two of his White House business councils, an attempt to manage his increasing isolation and the continued fallout from his combative comments on racially charged violence in Charlottesville, Virginia. “Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!” Trump tweeted from New York. Trump’s comments came after one of the panels had already agreed to disband earlier in the day. A growing number of business leaders on the councils had openly criticized his remarks laying blame for the violence at a white supremacist rally on “both sides.” The Whit... Read More
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Uncharted: The Lost Legacy review: who needs Nathan Drake?

In Business, Education, Events, Finance, Gaming, Government, Mobile Technology by The VergeLeave a Comment

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Uncharted: The Lost Legacy review: who needs Nathan Drake? - The Vergeclockmenumore-arrow (function(d) { try { if (localStorage.getItem('chorus-fonts-0b50f0674bed2b66b24a77410eb3f99c') === 'yes') { d.documentElement.className += ' fonts-loaded'; } } catch (e) {} var fontUrls = ["https://fonts.voxmedia.com/unison/stylesheets/verge.1d37918fdeeb1febc4d68217382a1e72.css"]; var ss = d.styleSheets; for (var i=0; i -1) { ss[i].ownerNode.media = 'all'; fontUrls.splice(idx, 1); } } if (fontUrls.length > 0) { setTimeout(onload, 0); } } onload(); })(document); var chorusInitQueue=[],volume_embed_host="https://volume.vox-cdn.com";var Chorus=Chorus||{};Chorus.windowLoaded=!1,Choru... Read More
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Mexico, Canada and US start renegotiating NAFTA free trade deal

In Business, Finance, Government, Video by CCTV AmericaLeave a Comment

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Washington is hosting the first round of re-negotiations for the North American Free Trade Agreement or NAFTA. It's the first time in history that a wide-ranging, free trade agreement is being re-worked. Washington’s top trade negotiator said U.S. President Donald Trump wants major revisions. CGTN's Jessica Stone reports.... Read More
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The Heat: NAFTA renegotiation begin Pt 3

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The first round of talks to renegotiate the North American Free Trade Agreement, or NAFTA, has kicked-off in Washington DC.To discuss the day's opening talks about what sort of issue Canada, Mexico and America are up against in renegotiating NAFTA:Celeste Drake, a foreign trade specialist for the AFL-CIO, the largest federation of unions in the U.S.Carlo Dade, director of the center on trade and investment policy, at the Canada West Foundation. Joshua Meltzer, a senior fellow in the Global Economy and Development program at the Brookings Institution. Arturo Sarukhan, a former Mexican Ambassador to the United States and now an international consultant.... Read More
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The Heat: NAFTA renegotiation begin Pt 2

In Finance, Government, Video by CCTV AmericaLeave a Comment

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The first round of talks to renegotiate the North American Free Trade Agreement, or NAFTA, has kicked-off in Washington DC.To discuss the day's opening talks about what sort of issue Canada, Mexico and America are up against in renegotiating NAFTA:Celeste Drake, a foreign trade specialist for the AFL-CIO, the largest federation of unions in the U.S.Carlo Dade, director of the center on trade and investment policy, at the Canada West Foundation. Joshua Meltzer, a senior fellow in the Global Economy and Development program at the Brookings Institution. Arturo Sarukhan, a former Mexican Ambassador to the United States and now an international consultant.... Read More
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The ‘reverse ICO’: How existing businesses will start tokenizing

In Business, Finance, Government, Legal, Mobile Technology, Start Up by Venture BeatLeave a Comment

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The amount of money generated by the Initial Coin Offerings (ICOs) of blockchain-based companies is astounding. In July alone, ICOs generated $500 million of funding, bringing the all-time total to over $1.6 billion. That doesn’t even include August, where FileCoin is closing in on $200 million by itself. It’s impressive. Yet, on the horizon is a potentially even greater wave of ICOs. Call them “reverse ICOs,” where existing businesses realize the best way for them to compete is by decentralizing themselves. The poster child ... Read More
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Governor Cuomo Announces “Operation Blue Trident” On Long Island

In Business, Energy, Finance, Government, Healthcare, Legal, Science & Nature, Security by LongIsland.comLeave a Comment

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Department of Environmental Conservation Spearheads Multi-Agency Training Exercise to Improve Homeland Security, Water Quality and Maritime Safety. Albany, NY - August 16, 2017 - Governor Andrew M. Cuomo today announced the start of "Operation Blue Trident" - a multi-agency homeland security training exercise on Long Island that will deploy more than 100 personnel from 23 local, state and federal agencies conducting radiological detection training, as well as navigational boating safety, marine fisheries compliance, and environmental monitoring operations throughout the week. Residents and visitors to the area are urged to be aware that ... Read More
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Future Mobility raises $200 million for electric car development

In Business, Emerging Technology, Finance, Science & Nature, Start Up by Venture BeatLeave a Comment

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(Reuters) — Chinese electric-car venture Future Mobility Corp, co-founded by former BMW and Nissan Motor executives, has raised $200 million from investors including China’s Suning and Fullshare Holdings in its latest round of financing. Most of the money will be used for product development, said Daniel Kirchert, Future Mobility’s president. He has previously worked at Infiniti China, Nissan’s luxury vehicle division, and BMW Brilliance Automotive. Future Mobility, which plans to launch three vehicles by 2022, has a premium midsize crossover SUV ready to go into the next “serious” phase of development – that is preparing for production and sale in the world’s top two auto markets, China and the Uni... Read More
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Trump promises to rework NAFTA

In Business, Events, Finance, Government, Mobile Technology, Video by CBS NewsLeave a Comment

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President Trump is meeting with the leaders of Canada and Mexico this week in hopes of renegotiating the North American Free Trade Agreement, or NAFTA. Mr. Trump has been a longtime critic of the trade deal. Fred Hochberg, former chairman and president of the U.S. Export-Import Bank, joins CBSN to discuss what scrapping the deal would mean for the U.S. economy.Subscribe to the "CBSN" Channel HERE: http://bit.ly/1Re2MgSWatch "CBSN" live HERE: http://cbsn.ws/1PlLpZ7Follow "CBSN" on In... Read More
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US Seeking Big NAFTA Changes

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The top U.S. trade negotiator says that the United States won't settle for cosmetic changes to the North American Free Trade Agreement as negotiations to rework terms of the pact began. (Aug. 16)Subscribe for more Breaking News: http://smarturl.it/AssociatedPressGet updates and more Breaking News here: ... Read More
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Governor Cuomo Announces Winners Of 76west Clean Energy Competition

In Business, Education, Emerging Technology, Energy, Finance, Government, Science & Nature, Start Up by LongIsland.comLeave a Comment

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Dallas-Based Skyven Technologies Named $1 Million Grand Prize Winner - Will Expand Business to the Southern Tier; Grow Southern Tier's Clean Energy Economy. Albany, NY - August 16, 2017 - Governor Andrew M. Cuomo today announced the six winning companies of the 76West Clean Energy Competition, one of the largest competitions in the country that focuses on supporting and growing clean-energy businesses and economic development. Skyven Technologies, a solar heating company from Dallas, Texas, has been awarded the $1 million grand prize, and will expand its operations in the Southern Tier. The competition complements "Southern T... Read More
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At NAFTA Kickoff, U.S., Mexico, And Canada Already Show Signs Of Disagreement

In Business, Finance, Government by National Public RadioLeave a Comment

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Enlarge this image U.S. Trade Representative Robert Lighthizer, left, shakes hands with Canadian Foreign Affairs Minister Chrystia Freeland, accompanied by Mexico's Secretary of Economy Ildefonso Guajardo Villarreal, after they spoke at a news conference Wednesday at the start of NAFTA renegotiations in Washington, D.C. Jacquelyn Martin/AP ... Read More
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Meet the streamers using Twitch to pay for college

In Business, Education, Finance, Gaming, Government, Mobile Technology by The VergeLeave a Comment

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Meet the streamers using Twitch to pay for college - The Vergeclockmenumore-arrow (function(d) { try { if (localStorage.getItem('chorus-fonts-0b50f0674bed2b66b24a77410eb3f99c') === 'yes') { d.documentElement.className += ' fonts-loaded'; } } catch (e) {} var fontUrls = ["https://fonts.voxmedia.com/unison/stylesheets/verge.1d37918fdeeb1febc4d68217382a1e72.css"]; var ss = d.styleSheets; for (var i=0; i -1) { ss[i].ownerNode.media = 'all'; fontUrls.splice(idx, 1); } } if (fontUrls.length > 0) { setTimeout(onload, 0); } } onload(); })(document); var chorusInitQueue=[],volume_embed_host="https://volume.vox-cdn.com";var Chorus=Chorus||{};Chorus.windowLoaded=!1,Chorus.AddScr... Read More
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Canada’s dairy industry a major sticking point in NAFTA talks

In Business, Finance, Government, Video by Al Jazeera EnglishLeave a Comment

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Canada's dairy industry a major sticking point in NAFTA talksUS President Donald Trump will have the chance to turn a key campaign promise into reality, with this week's first official talks to renegotiate the North American Free Trade Agreement.One major sticking point for US negotiators will be Canada's measures to protect its dairy industry from foreign competition.Trump has accused his northern neighbour of pursuing protectionist policies to the cost of US farmers.Al Jazeera's Daniel Lak reports from a Canadian farming heartland, in Jerseyville, Ontario.- Subscribe to our channel: ... Read More
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LEGISLATOR MUSCARELLA INVITES YOU TO ATTEND A PROPERTY TAX EXEMPTIONS WORKSHOP

In Finance, Government by Nassau County GovernmentLeave a Comment

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LEGISLATOR MUSCARELLA INVITES YOU TO ATTEND A PROPERTY TAX EXEMPTIONS WORKSHOP WEDNESDAY, SEPT. 27, 2017 - 1:00 PM to 2:30 PM  Elmont Public Library – 700 Hempstead Tpke., Elmont  THURSDAY, SEPT. 28, 2017 - 1:00 PM to 2:30 PM  West Hempstead Library – 500 Hempstead Ave., West Hempstead Nassau County Legislator Vincent T. Muscarella would like to inform all owners of a home, condominium or cooperative apartment, that they may qualify for hundreds of dollars in property tax savings each year. The Nassau County Department of Assessment is bringing its of... Read More
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Fiat Chrysler joins Intel and BMW to develop self-driving cars

In Business, Finance by Venture BeatLeave a Comment

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Fiat Chrysler Automobiles is teaming up to develop autonomous cars with BMW Group, Intel, and Mobileye. The move brings a huge car maker into Intel’s camp in the race to make self-driving cars, which could spawn a giant economy in the coming decades. Intel acquired Mobileye for $15.3 billion to boost its competence in computer vision, and it will use that to help develop the autonomous car... Read More
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Uncharted: The Lost Legacy review — for good and bad, it’s not Nathan Drake

In Business, Finance, Gaming, Government, Science & Nature by Venture BeatLeave a Comment

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Sony’s Uncharted: The Lost Legacy is one of the big exclusives on the PlayStation 4, debuting on August 22. The Naughty Dog game is full of familiar puzzles, action sequences, and plenty of climbing, but the female lead characters take the series in an intriguing new direction. It is the first Uncharted without Nathan Drake, and it started as a simple downloadable content (DLC), a side story that grew up into a full-fledged game of its own. Sony now calls it a stand-alone Uncharted adventure, and it stars two women, Chloe Frazer and Nadine Ross, who have replaced Drake and Sully as the heroic thieve... Read More
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Trump’s Business of Corruption

In Business, Education, Finance, Gaming, Government, Healthcare, Legal, Mobile Technology, Security by New YorkerLeave a Comment

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President Donald Trump’s attorney Jay Sekulow recently told me that the investigation being led by Robert Mueller, the special counsel appointed by the Justice Department, should focus on one question: whether there was “coördination between the Russian government and people on the Trump campaign.” Sekulow went on, “I want to be really specific. A real-estate deal would be outside the scope of legitimate inquiry.” If he senses “drift” in Mueller’s investigation, he said, he will warn the special counsel’s office that it is exceeding its mandate. The issue will first be raised “informally,” he noted. But if Mueller and his team persist, Sekulow said, he might lodge a ... Read More
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The Trump Administration Rolls Back Anti-Corruption Efforts in the Oil Industry

In Business, Energy, Finance, Government, Healthcare, Legal by New YorkerLeave a Comment

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In February, in one of its first acts of lawmaking, the Trump Administration, with the Republican-controlled Congress, rescinded a pending Securities and Exchange Commission rule that would have required oil companies to disclose details of their payments to international governments in connection with oil and gas production. The rule, which was mandated by a law co-sponsored by former Republican Senator Richard Lugar, of Indiana, and Democratic Senator Ben Cardin, of Maryland, was designed to combat bribery and corruption, especially in poor countries governed by kleptocrats. Thirty other countries, including Canada and the members of the European Union, had already adopted similar requiremen... Read More
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Wall Street’s winning streak: Stocks surge and hit record highs

In Business, Finance, Video by CCTV AmericaLeave a Comment

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2017 have seen surging U.S. stocks, with a marked number of record highs for the Dow Jones, S&P 500 and Nasdaq. But what's behind the increase? A tweeting President or company performance? CGTN's Nick Harper reports... Read More
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The Angry Birds Movie profits help Rovio double revenue as IPO rumors grow

In Business, Finance by Venture BeatLeave a Comment

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Rovio Entertainment reported that its second quarter revenues grew 94 percent as revenue from both games and The Angry Birds Movie roll in. That’s good news for Rovio, considering rumors are rife that the company will have an initial public offering sometime soon. Bloomberg reported that the Finnish game studio could raise $400 million from a stock market listing at a $2 billion valuation. (We’ve confirmed that an IPO is a possibility, but Rovio itself is not officially commenting on it). Such an IPO would be a bi... Read More
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LEGISLATOR MACKENZIE INVITES YOU TO ATTEND A PROPERTY TAX EXEMPTIONS WORKSHOP

In Finance, Government by Nassau County GovernmentLeave a Comment

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  Thursday, SEPT. 7, 2017  -  1:00 PM to 2:30 PM Syosset Public Library – 225 S. Oyster Bay Rd., Syosset   FRIday, sepT. 29, 2017  -  1:00 PM to 2:30 PM Oyster Bay-East Norwich Library – 89 E. Main St., Oyster Bay Nassau County Legislator Donald MacKenzie would like to inform all owners of a home, condominium or cooperative apartment, that they may qualify for... Read More
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New UN Report Highlights United States Lead in Global FDI and Digital Economy

In Business, Emerging Technology, Finance, Government by International Trade AdministrationLeave a Comment

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By Harrison Frye, Intern, SelectUSA Foreign Direct Investment (FDI) plays an important role in the U.S. economy by creating jobs, increasing wealth, and raising living standards. The United States continues to hold the largest amount of FDI in the world. A new report released by the United Nations Conference on Trade and Development (UNCTAD) showed that the United States was also the largest recipient of FDI flows in 2016. ... Read More
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Meltwater bolsters its machine learning portfolio with Cosmify acquisition

In Business, Education, Finance, Government, Start Up by Venture BeatLeave a Comment

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Media intelligence company Meltwater announced today that it has acquired Cosmify, a San Francisco-based data analysis startup. The price of the acquisition has not been disclosed, but Meltwater told VentureBeat that it has bought the startup’s intellectual property (IP) and is bringing the Cosmify team onboard. This is Meltwater’s fourth acquisition in nine months. The company has already acquired Hong Kong-based big data solution Klarity, Oxford University spinout Wrapidity, and Encore Alerts, a U.S.-based media monitoring company. It is about to close its fifth acquisition with Canada’s ... Read More
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Helios and Matheson Analytics Inc. to Acquire Majority Stake in MoviePass™, Today’s #1 Movie Theater Subscription Service

In Business, Finance, Government, Legal, Mobile Technology, Security by Venture BeatLeave a Comment

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MoviePass Launches New $9.95 No-Contract Monthly Movie Theater Subscription Program With Plans to Disrupt the Entertainment Industry MIAMI & NEW YORK–(BUSINESS WIRE)–August 15, 2017– Helios and Matheson Analytics Inc. (Nasdaq: HMNY) announced today that is has entered into a definitive agreement to acquire a majority stake of movie subscription technology company MoviePass Inc. HMNY’s innovative growth strategy through the expansion into industries with opportunities for big data and artificial intelligence innovations seeks to increase shareholder value. MoviePass is led by Netflix co-founder and former Redbox president Mitch Lowe. Film marketing executive and producer Sta... Read More
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Razer’s new Atheris wireless mouse gets 350 hours of battery life

In Business, Finance, Government, Mobile Technology by The VergeLeave a Comment

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Razer's new Atheris wireless mouse gets 350 hours of battery life - The Vergeclockmenumore-arrow (function(d) { try { if (localStorage.getItem('chorus-fonts-0b50f0674bed2b66b24a77410eb3f99c') === 'yes') { d.documentElement.className += ' fonts-loaded'; } } catch (e) {} var fontUrls = ["https://fonts.voxmedia.com/unison/stylesheets/verge.1d37918fdeeb1febc4d68217382a1e72.css"]; var ss = d.styleSheets; for (var i=0; i -1) { ss[i].ownerNode.media = 'all'; fontUrls.splice(idx, 1); } } if (fontUrls.length > 0) { setTimeout(onload, 0); } } onload(); })(document); var chorusInitQueue=[],volume_embed_host="https://volume.vox-cdn.com";var Chorus=Chorus||{};Chorus.windowLoaded=!... Read More
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US retail sales jumped 0.6 percent in July

In Business, Emerging Technology, Finance by Long Island Business NewsLeave a Comment

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Consumers went out shopping in a big way in July, pushing up retail sales by the largest amount in seven months. Retail sales advanced 0.6 percent last month, the best showing since a gain of 0.9 percent last December, the Commerce Department reported Tuesday. For most of this year, retail sales have been lackluster, including a decline in May of 0.2 percent and a modest 0.3 percent June gain. Consumer spending accounts for around 70 percent of economic activity, so the latest result is a good sign for overall economic growth. Michael Pearce, U.S. economist at Capital Economics, said the strong gain in July sales showed that consumer spending was off to a good start for the third quarter. “With the labor mar... Read More
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Angeles Equity Partners Adds Three New Team Members

In Business, Education, Finance by Venture BeatLeave a Comment

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Experienced Professionals from Lindsay Goldberg, Credit Suisse, and Jefferies Expand Deal Origination and Execution Capabilities LOS ANGELES–(BUSINESS WIRE)–August 15, 2017– Angeles Equity Partners, LLC (AEP), a private investment firm focused on value creation through operational transformation, today announced three new professionals have joined the firm. ... Read More
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CEOs resigning from Trump’s council making a mistake?

In Business, Finance, Government, Video by Fox Business NewsLeave a Comment

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Rasmussen Reports political analyst Amy Holmes, political analyst Kirsten Haglund and The Wall Street Journal Global Economics Editor Jon Hilsenrath on CEOs resigning from President Trump's American Manufacturing Council over his response to protests in Charlottesville, Virginia.... Read More
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Trump’s NAFTA Makeover Not So Extreme

In Business, Events, Finance, Government, Healthcare, Science & Nature by National Public RadioLeave a Comment

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Enlarge this image President Trump meets with Mexican President Enrique Peña Nieto at the Group of 20 summit in Hamburg, Germany, in July. Trump is pushing to renegotiate the North American Free Trade Agreement among their countries and Canada. Evan Vucci/AP hide caption to... Read More
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Trump Turns To 43-Year-Old ‘America First’ Trade Law To Pressure China

In Business, Finance, Government, Security by National Public RadioLeave a Comment

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Enlarge this image President Trump holds up a signed memorandum calling for a trade investigation of China at the White House on Monday. Alex Brandon/AP hide caption toggle caption Alex Brandon/AP President Trump o... Read More
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Earnest Inc. joins list of fintech companies opening offices in Utah

In Business, Finance, Government, Start Up by Venture BeatLeave a Comment

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Another San Francisco financial tech company is expanding operations into Utah, looking to add 500 jobs with a capital investment of $5.6 million. Earnest Inc., a startup that offers low-interest, no-fee loans using its software to analyze applicants’ creditworthiness, will expand its operations into Salt Lake County, the company and the Governor’s Office of Economic Development announced Thursday. Earnest is the third fintech company from San Francisco to recently announce plans to expand to Utah and join a growing sector of the the state’s tech economy. ... Read More
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Top Fed official: Bond portfolio could shrink soon

In Business, Emerging Technology, Finance, Government, Healthcare by Long Island Business NewsLeave a Comment

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A top Federal Reserve official suggested Monday that the Fed will likely announce next month that it will begin paring its bond portfolio — a step that could lead to slightly higher rates on mortgages and other loans. In an interview with The Associated Press, William Dudley, president of the Federal Reserve Bank of New York, said he thinks the Fed has adequately prepared investors for a reduction in the portfolio, which swelled after the 2008 financial crisis as the Fed bought bonds to reduce long-term rates. With the economy now much healthier, the Fed is ready to begin selling some of those bonds. Dudley also said that he would favor a third increase this year in the Fed’s benchmark short-term rate if the economy rem... Read More
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Trump: We’re renegotiating trade deals; stock market at highs

In Business, Finance, Government, Video by Fox Business NewsLeave a Comment

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Published on Aug 14, 2017Forbes publisher Rich Karlgaard and Smart Trade Pro founder D.R. Barton on President Trump touting jobs and stocks at the start of the Charlottesville statement. Category License Standard YouTube License ... Read More
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Brookings: Midwest and Southeast employ the most robots

In Business, Emerging Technology, Finance, Government by Venture BeatLeave a Comment

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The United States may not be in the midst of a robot revolution quite yet, but new data indicates that Heartland cities should be prepared to see more and more robots at their factories. Today, the Brookings Institution published a report showing which cities and states in the U.S. are employing the most robots. Using sales data from the International Federation of Robots, Brookings calculated the metropolitan areas with the highest concentration of industrial robots per 1,000 workers. Brookings defined industrial robots as those that are “automatically controlled, reprogrammable machines capable of replacing labor in a range ... Read More
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State retirement fund up nearly 3 percent in quarter

In Emerging Technology, Finance, Government by Long Island Business NewsLeave a Comment

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The New York State Common Retirement Fund rose 2.9 percent in the first quarter ending June 30, according to the New York State comptroller’s office. The $197.1 billion fund was up from about $192 billion as of March 31, according to New York State Comptroller Thomas P. DiNapoli, whose office manages the money. “Strong domestic stock market returns continued to buoy our investments,” DiNapoli said in a written statement. “As a long term investor, the fund’s performance is best measured by its success over a period of years if not decades, but we always welcome a strong quarter.” As of June 30, 2017, 38.7 percent of the fund’s assets were invested in publicly traded domestic equities and 17.3 percent in... Read More
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New businesses want to grow, struggle to borrow

In Business, Emerging Technology, Energy, Finance, Government, Legal, Start Up by Long Island Business NewsLeave a Comment

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While startup businesses are more likely to add jobs than older, more established companies, more than half struggle to get credit that will help them grow. That’s the finding of a report released last week by the Federal Reserve Bank of New York, which analyzed the results of a survey of business owners across the country. The report found that 43 percent of startups, companies 5 years old and under, were likely to add jobs and increase their revenues, compared with 22 percent of older businesses. But 58 percent of companies 2 years old and under reported they had a difficult time getting credit, and 53 percent of companies 3 to 5 years old also had problems. That compares with 39 percent of older businesses. Nearly 70 p... Read More
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Wellington Financial Provides US$4 Million in Growth Capital to Agilence to Create Greater Data-Driven Profit Opportunities from Improved Store Operations and Loss Prevention

In Business, Finance, Government by Venture BeatLeave a Comment

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Specialty finance firm’s investment enables cloud-based platform to focus on product development and team expansion to meet the needs of retail, grocery, pharmacy, and chain restaurant establishments MOUNT LAUREL, N.J. & TORONTO–(BUSINESS WIRE)–August 14, 2017– Wellington Financial LP, a privately-held specialty finance firm, announced today a US$4 million commitment for ... Read More
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Death of the password

In Business, Education, Finance, Government, Legal, Security by Venture BeatLeave a Comment

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Presented by Wells Fargo In the early days of the Internet, people had only a few passwords to remember: one for their email, one for their banking, and maybe one more. But with the rapid development of ecommerce, self-service sites, and social media, now everyone has to remember and manage dozens of passwords. Human memory is a constraint, and password reset processes are a source of frustration for all consumers and businesses. In addition, a large number of usernames and passwords have been compromised due to well-publicized breaches in the industry, including login credentials for Yahoo!, LinkedIn, Target, Anthem, etc. Currently, neither consumers nor businesses think of passwords as the ultimate guarante... Read More
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A Guide to Russia’s High Tech Tool Box for Subverting US Democracy

In Business, Education, Energy, Events, Finance, Government, Healthcare, Legal, Science & Nature, Security by Wired NewsLeave a Comment

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A dead dog in Moscow. A dead dissident in London. Twitter trolls run by the Kremlin’s Internet Research Agency. Denial of service attacks and ransomware deployed across Ukraine. News reports from the DC offices of Sputnik and RT. Spies hidden in the heart of Wall Street. The hacking of John Podesta’s creamy risotto recipe. And a century-old fabricated staple of anti-Semitic hate literature. At first glance these disparate phenomena might seem only vaguely connected. Sure, they can all be traced back to Russia. But is there any method to their badness? The definitive answer, according to Russia experts inside and outside the US government, is most certainly yes. In fact, they are part of an increasingl... Read More
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NextVR’s night camera brings ghost hunting into virtual reality

In Business, Finance, Gaming, Science & Nature, Start Up by Venture BeatLeave a Comment

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There are a lot of different VR cameras in development, but I don’t think I’ve heard of one for capturing light in extreme darkness before. NextVR, however, built one for exactly this purpose. The Newport Beach-based company is best known for its live-streaming in VR of concerts, sporting events and even political debates with proprietary cameras they developed that produce great depth effects and detail, but the well-financed startup is also producing pre-recorded content as well. One of the company’s latest projects falls into that latter category with a spooky twist. Paranormal Evidence looks like it brings the Ghost ... Read More
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Bond investors give Tesla a $1.8 billion endorsement

In Business, Emerging Technology, Finance, Government by Venture BeatLeave a Comment

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(Reuters) — Bond investors on Friday gave a $1.8 billion boost to Tesla Inc’s balance sheet by snapping up the electric car maker’s first foray into the U.S. junk bond market, where yield-hungry investors have raced to lock in relatively higher returns. Those robust returns, however, have shrunk as a strong reservoir of cash ready to deploy in the riskiest areas of the high-yield fixed income market has pushed them to near their lowest levels in three years. That has given junk-rated issuers such as Elon Musk’s U.S. car company the opportunity to raise cash cheaply. Tesla sold $1.8 billion of eight-year unsecured bonds at a yield of 5.30 percent, the Palo Alto, California-based company said in a filing with... Read More
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Is Kenya’s democracy in danger?

In Business, Finance, Government, Video by Al Jazeera EnglishLeave a Comment

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Extending a 'hand of friendship' -- That's the message from Kenya's newly elected incumbent president Uhuru Kenyatta to his rival, after one of the most hotly contested campaigns in recent years.But the opposition is refusing to concede defeat.There's been violence in the opposition stronghold of Kisumu and the capital Nairobi.Kenya has one of the fastest growing economies in Africa and it's often cited as a stable democracy.So, will tensions arising from this election put its future at risk?Presenter: Martine DennisGuests:Joseph Simekha - Presidential Campaign Secretariat for opposition leader Raila OdingaJoyce Laboso - National Assembly Deputy ... Read More
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Nvidia CEO talks cryptocurrency, AI, and the leisure economy

In Business, Finance, Gaming, Government, Science & Nature by Venture BeatLeave a Comment

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Nvidia turned out another stellar financial result for the second quarter ended July 31. Jen-Hsun Huang, CEO of the world’s biggest stand-alone maker of graphics chips, credited some big trends like the growth of PC gaming, artificial intelligence, self-driving cars, and the Nintendo Switch. But the Santa Clara, California-based company also got some attention because some of its revenues came from an unusual source: Cryptocurrency. The demand for graphics hardware to mine the algorithms to produce more cryp... Read More
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Why citation tracking startup Memosnag left Silicon Valley for Nebraska

In Business, Finance, Government, Start Up by Venture BeatLeave a Comment

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On Christmas Eve of 2015, Kim Perkins was helping to unpack a moving truck that had just brought her family from California to Omaha. Perkins and her husband, Lorenzo Staunovo Polacco, moved to the Midwest in the heart of winter to pursue their tech careers in the Silicon Prairie. “We decided to move to Omaha as Lorenzo switched back to managing Global Finance for Yahoo, and I opened the C1X office here in the Exchange building on the 8th floor,” said Perkins. “I made the argument that there was something out here.” Earlier in 2015, Perkins was working as the Chief Product Officer and ... Read More
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Five things that could tank the market

In Finance, Video by CBS NewsLeave a Comment

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Published on Aug 11, 2017The U.S. stock market is near record highs--but there are some threats on the horizon that could cause stocks to sink. Category News & Politics ... Read More
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Shanghai’s newest building is constantly moving

In Business, Finance, Video by Tech InsiderLeave a Comment

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The Bund Finance Centre is surrounded by a moving facade created by Heatherwick Studio and Foster+Partners. It's still under construction but photographer Laurian Ghinitoiu got a sneak peek.Read more: http://www.businessinsider.com/saiFACEBOOK: https://www.facebook.com/techinsiderTWITTER: https://twitter.com/techinsiderINSTAGRAM: ... Read More
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Trump Touts Economy, Pushes Workforce Training

In Business, Finance, Government, Video by Associated PressLeave a Comment

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President Donald Trump touted business optimism, the record stock market, and low unemployment as he said the federal government plans to boost apprenticeships and workforce training programs. (Aug. 11)Subscribe for more Breaking News: http://smarturl.it/AssociatedPressGet updates and more Breaking News here: ... Read More
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North Korea Has Markets Nervous But Not Panicked

In Business, Finance, Government by National Public RadioLeave a Comment

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Enlarge this image Traders and financial professionals work the floor of the New York Stock Exchange ahead of the opening bell on Friday. Drew Angerer/Getty Images hide caption toggle caption... Read More
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Despite Fiscal Warning, Wisconsin Plans To Move Ahead With Foxconn Deal

In Business, Finance, Government, Legal, Science & Nature by National Public RadioLeave a Comment

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Enlarge this image A Foxconn recruitment point in Shenzhen in southern China in 2013. The Taiwanese electronics factory has announced plans to build a large factory in Wisconsin. Lawmakers are considering a $3 billion package of incentives to attract the company. Stringer/AFP/Getty Images hide caption ... Read More
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Square founder Jack Dorsey says bitcoin and blockchain are the ‘next big unlock’

In Business, Finance, Government, Mobile Technology, Science & Nature, Start Up by The VergeLeave a Comment

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Square founder Jack Dorsey says bitcoin and blockchain are the ‘next big unlock’ - The Vergeclockmenumore-arrow (function(d) { try { if (localStorage.getItem('chorus-fonts-0b50f0674bed2b66b24a77410eb3f99c') === 'yes') { d.documentElement.className += ' fonts-loaded'; } } catch (e) {} var fontUrls = ["https://fonts.voxmedia.com/unison/stylesheets/verge.1d37918fdeeb1febc4d68217382a1e72.css"]; var ss = d.styleSheets; for (var i=0; i -1) { ss[i].ownerNode.media = 'all'; fontUrls.splice(idx, 1); } } if (fontUrls.length > 0) { setTimeout(onload, 0); } } onload(); })(document); var chorusInitQueue=[],volume_embed_host="https://volume.vox-cdn.com";var Chorus=Chorus||{};Ch... Read More
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ACETO Corporation Schedules Fourth Quarter & Fiscal 2017 Financial Results News Release and Conference Call

In Business, Finance, Healthcare, Legal by Aceto CorporationLeave a Comment

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PORT WASHINGTON, N.Y., Aug. 11, 2017 (GLOBE NEWSWIRE) -- ACETO Corporation (NASDAQ:ACET), an international company engaged in the development, marketing, sale and distribution of Human Health products, Pharmaceutical Ingredients and Performance Chemicals, will issue its financial results of operations for the fourth quarter and full year of fiscal 2017 ended June 30, 2017 after the stock market close on Thursday, August 24, 2017. Management will host a conference call to discuss the operating and financial results at 9:00 a.m. ET on Friday, August 25, 2017.  To participate in the conference call, please dial 877-317-6789 or 412-317-6789 approximately 10 minutes ... Read More
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More than just a pretty game (with dinosaurs)

In Business, Education, Finance, Government, Science & Nature, Start Up by Venture BeatLeave a Comment

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Presented by Intel “It came about as an accident…I wish there was a better answer,” is Pubgames Director Chris Murphy’s candid response to explaining the origin of the studio in 2011. Based in Melbourne, Australia, the founding developers considered their options while completing their final year of university. “We were doing double degrees in Computer Science and Multimedia,” says Murphy, “and there were things we didn’t know, but we didn’t know at the time exactly what we didn’t know.” Solving this conundrum was relatively simple as it turned out. “We started building games for the sake of building games, to try and figure out what would go wrong,” he adds. Their first game,... Read More
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PBS NewsHour full episode August 10, 2017

In Business, Finance, Government, Video by PBS NewsHourLeave a Comment

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Thursday on the NewsHour, North Korea's military threatens to target Guam as President Trump says his "fire and fury" statement wasn't tough enough. Also: The economics of using antibiotics in livestock, a new exhibit gives voice to those enslaved at a presidential estate and a Brief but Spectacular take on the passions of a poet and rapper.... Read More
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The economic reason this chicken producer gave up antibiotics

In Business, Finance, Science & Nature, Video by PBS NewsHourLeave a Comment

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For decades, almost all factory-farmed chickens were raised on antibiotics. But low doses of “maintenance” antibiotics can spur bacteria to build resistance, creating superbugs. Economics correspondent Paul Solman and science correspondent Miles O’Brien report team up to examine why one major chicken producer went antibiotic-free while most still continue the practice.... Read More
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GrooveCar acquired

In Business, Emerging Technology, Finance by Long Island Business NewsLeave a Comment

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Bedford. Texas-based Fusion Auto Finance, which specializes in credit union leasing of vehicles, has acquired Bethpage-based credit union auto leasing firm GrooveCar for an undisclosed sum. “GrooveCar provides an exciting opportunity for us to strengthen our relationships with our credit union partners and to accelerate our growth plans into new markets,” Fusion Auto Finance CEO Jim Calvert said in a written statement. He added that he looks forward to using GrooveCar to “further enhance our product offering” and grow the business. GrooveCar includes CU Xpress Lease, an auto lease program for... Read More
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New York State Launches REV Connect Portal to Support Creation of Innovative Utility Business Models

In Business, Emerging Technology, Energy, Finance, Government, Science & Nature by LongIsland.comLeave a Comment

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New website supports collaboration and development of innovative energy projects between technology providers and utilities, benefiting consumers. New York, NY - August 10, 2017 - The New York State Energy Research and Development Authority (NYSERDA) today launched the REV Connect digital portal https://nyrevconnect.com to help provide businesses and electric utilities new opportunities to partner and create business models and deploy advanced energy technologies in New York State. REV Connect helps advance Governor Andrew M. Cuomo’s Reformi... Read More
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Unity adds Max Levchin and Robynne Sisco to board as it readies for IPO

In Business, Events, Finance, Gaming, Government, Science & Nature, Start Up by Venture BeatLeave a Comment

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Unity Technologies has named tech veterans Max Levchin and Robynne Sisco as the company’s first independent directors. Unity CEO John Riccitiello said the move is necessary if Unity is to prepare itself for an initial public offering in the future. Riccitiello said in an exclusive interview with GamesBeat that the company isn’t promising an IPO, but it has to take such steps if it wants to be ready for one in the future. “We have an obligation to be IPO-ready,” he said. “You need strong independent board members to do that. We are building that muscle so we can be ready if that is what we choose to do.” Unity said its game engine has been adopted by... Read More
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Is Apple an undervalued bank?

In Business, Finance, Video by Fox Business NewsLeave a Comment

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Published on Aug 10, 2017Rafferty Capital Markets banking analyst on Apple's $261 billion cash pile and how to play bank stocks. Category News & Politics License ... Read More
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How well do you know your credit cards?

In Emerging Technology, Finance by Long Island Business NewsLeave a Comment

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Using a credit card doesn’t require much effort or experience. Swipe, insert or click and you can charge what you want within the credit limit. Understanding credit cards, however, takes some knowledge. The more you know about credit cards, how they work and how they fit into your financial life, the more likely you are to use them wisely. Here are some common questions and answers about credit card basics. HOW DO CREDIT CARDS AFFECT YOUR CREDIT SCORE? Using a credit card has an impact on two of the biggest factors in your credit score: credit utilization and payment history. —Utilization is the percentage of available credit currently used. If you have a limit of $5,000, for example, and a balance of $1... Read More
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Tesla Is Turning Kauai Into a Renewable Energy Paradise

In Business, Emerging Technology, Energy, Finance, Government, Healthcare, Science & Nature, Security by Wired NewsLeave a Comment

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This story originally appeared on Grist and is part of the Climate Desk collaboration. When people ask Luke Evslin why he decided to live off the grid, he starts with the time he almost died. Evslin grew up on Kauai, a nub of a former volcano at the oldest end of the Hawaiian archipelago, but he was living on nearby Oahu at the time of the accident, working and competing in races with an outrigger canoe club. The biggest race of the year is a daylong ocean crossing from the island of Moloka’i to Oahu’s W... Read More
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GOP getting back at Trump for defeating establishment Republicans?

In Business, Finance, Government, Healthcare, Video by Fox Business NewsLeave a Comment

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Published on Aug 10, 2017The Wall Street Journal Global Economics Editor Jon Hilsenrath on President Trump's efforts to achieve tax and health care reform. Category License Standard YouTube License ... Read More
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AMD launches 16-core Threadripper, ‘the world’s fastest PC desktop processor’

In Business, Finance, Government by Venture BeatLeave a Comment

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Advanced Micro Devices is shipping a 16-core Ryzen Threadripper central processing unit (CPU) that the company says takes the speed crown away from Intel for the first time in a decade. AMD said the world’s fastest CPU is the AMD Ryzen Threadripper 1950X, which runs at a base speed of 3.4 GHz and a boost speed of 4 GHz. It comes in with a Cinebench benchmark score that ranges from 2,900 to 3,100, depending o... Read More
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Heartland Tech Weekly: The Midwest’s Amazon opportunity

In Business, Education, Finance, Gaming, Government, Healthcare, Science & Nature, Security, Start Up by Venture BeatLeave a Comment

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Yesterday CNBC reported that more than 50 percent of U.S. households are projected to ... Read More
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Republic of Korea prepares to raise minimum wage

In Business, Finance, Government, Video by CCTV AmericaLeave a Comment

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The ROK is getting ready to raise its minimum wage by more than 16 percent next year. It could be the biggest hike since 2001, but not everyone is happy. Some businesses are warning of the massive financial backlash. CGTN's Jack Barton reports from Seoul.... Read More
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How industrial farming techniques can breed superbugs

In Business, Finance, Science & Nature, Video by PBS NewsHourLeave a Comment

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As high-density, industrial-scale livestock farms have become fertile breeding grounds for disease, they’ve also become a major source of drug-resistant superbugs. Science correspondent Miles O’Brien and economics correspondent Paul Solman team up to report on how scientists are studying how superbugs can get into the food supply.... Read More
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Facebook introduces Watch, its redesigned tab for video programming

In Business, Finance, Government, Mobile Technology by The VergeLeave a Comment

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Facebook introduces Watch, its redesigned tab for video programming - The Vergeclockmenumore-arrow (function(d) { try { if (localStorage.getItem('chorus-fonts-0b50f0674bed2b66b24a77410eb3f99c') === 'yes') { d.documentElement.className += ' fonts-loaded'; } } catch (e) {} var fontUrls = ["https://fonts.voxmedia.com/unison/stylesheets/verge.1d37918fdeeb1febc4d68217382a1e72.css"]; var ss = d.styleSheets; for (var i=0; i -1) { ss[i].ownerNode.media = 'all'; fontUrls.splice(idx, 1); } } if (fontUrls.length > 0) { setTimeout(onload, 0); } } onload(); })(document); var chorusInitQueue=[],volume_embed_host="https://volume.vox-cdn.com";var Chorus=Chorus||{};Chorus.windowLoaded... Read More
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The Best Pregnancy Pillows

In Business, Education, Finance, Government, Healthcare, Legal, Science & Nature, Security by Wire CutterLeave a Comment

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Our pick Bluestone Full Body Contour U Pillow This pillow supported the belly, back, and neck better than any other pillow, and can work in more sleeping positions (with less rearranging) than most. It costs less than others, too—but it’s just as huge. Though neither the fluffiest nor the fanciest pillow, the Bluestone did a better job at providing all-in-one neck, belly, and back support than any other pillow we tested. The relatively flat, sloped sides wedge more comfortably under a pregnant belly than thi... Read More
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The Best Backpacks for College and High School Students

In Business, Education, Finance, Gaming, Government, Legal by Wire CutterLeave a Comment

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Our pick L.L.Bean Quad Pack Great breathability and a convenient array of pockets make the Quad great for schlepping books and electronics. It’s also big enough to work as a weekender. The Quad Pack is designed to make student life easier: Its separated laptop storage sleeve provides easy access to a computer or tablet during class or through a TSA checkpoint, and its front stash pocket is more spacious and secure than those on any of the ot... Read More
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Millennials Flex Their Purchase Power

In Education, Finance, Government by Dealer Track HoldingsLeave a Comment

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With every promotion or newly minted job, with every move to the suburbs, Millennial spending power is growing.Yes, the “digital native generation” is changing the experience of car shopping, but perhaps even more important than that is their influence in the auto finance market.Selling Millennials onthe Dealership Experience... Read More
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Maragos: County Trending 2017 with $57M GAAP Deficit

In Finance, Government, Healthcare by Nassau County GovernmentLeave a Comment

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Maragos: County Trending 2017 with $57M GAAP Deficit Administration expected to find revenue and expense opportunities to reduce projected deficit Mineola, NY- Nassau County Comptroller George Maragos released the 2017 mid-year financial projections,which indicate that the County is trending to end 2017 with a $57.6 million deficit on a Generally Accepted Accounting Principles (GAAP) basis and the presentation mandated by the Nassau County Interim Finance Authority (NIFA). The Administration, however, is expected, to find revenue and expense opportunities to reduce the projected deficit, but may be hard pressed to achieve GAAP balance by year-end 2017. The projected GAAP ending fund b... Read More
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Valve is getting into card games and people are mad

In Business, Finance, Gaming, Government, Mobile Technology by The VergeLeave a Comment

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Valve is getting into card games and people are mad - The Vergeclockmenumore-arrow (function(d) { try { if (localStorage.getItem('chorus-fonts-0b50f0674bed2b66b24a77410eb3f99c') === 'yes') { d.documentElement.className += ' fonts-loaded'; } } catch (e) {} var fontUrls = ["https://fonts.voxmedia.com/unison/stylesheets/verge.1d37918fdeeb1febc4d68217382a1e72.css"]; var ss = d.styleSheets; for (var i=0; i -1) { ss[i].ownerNode.media = 'all'; fontUrls.splice(idx, 1); } } if (fontUrls.length > 0) { setTimeout(onload, 0); } } onload(); })(document); var chorusInitQueue=[],volume_embed_host="https://volume.vox-cdn.com";var Chorus=Chorus||{};Chorus.windowLoaded=!1,Chorus.AddSc... Read More
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Japanese Telecom Giant SoftBank Bets $1 Billion on the Clever Pharma Startup Roivant

In Business, Emerging Technology, Finance, Gaming, Government, Healthcare, Legal, Science & Nature, Start Up by Wired NewsLeave a Comment

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SoftBank, the Japanese telecommunications giant, has been on a multibillion-dollar acquisition and investment spree for the past year or so. It isn’t over. Today the pharmaceutical company Roivant is announcing a $1.1 billion investment, mostly from the SoftBank Vision Fund. It's perhaps the largest single biotech investment ever. And after the biggest biotech IPOs of 2015 and 2016, this new money might also be another validation of Roivant’s development approach, grabbing up promising-but-abandoned drug candidates that other companies couldn’t get across the finish line. A quick tally: SoftBank bought the robot maker ... Read More