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Venezuela opposition boss asks Wall Street to cut off Maduro

In Business, Government, Legal by Newsday Technology NewsLeave a Comment

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FILE - In this April 1, 2017 file photo, National Assembly President Julio Borges speaks to fellow lawmakers during a special public session at a square in Caracas, Venezuela. The leader of Venezuela's rebellious congress has a message for the world's capitalists: Think twice before signing another check to President Nicolas Maduro's government. (AP Photo/Fernando Llano, File) (Credit: AP) (AP) -- The leader of Venezuela's rebellious congress has a message for the world's capitalists: Thin... Read More
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The impact of AI on supply chain logistics

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

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Ever wonder how your Amazon Prime packages show up at your door mere hours after you place an order? A complex series of operations connects suppliers to manufacturers to wholesalers to retailers to you, the end consumer. Oversight of this process is called supply chain management (SCM). Within SCM, logistics is the portion that handles the movement of goods. Ecommerce giants like Amazon specialize in logistics, while consumer packaged goods leaders like Unilever provide full-spectrum supply chain management services. Like every other data-driven industry, logistics and supply chain c... Read More
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Ad-Blocking Just Might Save the Ad Industry

In Business, Government, Security by Wired NewsLeave a Comment

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The Coalition for Better Ads, a consortium of ad, publishing, and tech companies, wants to save the advertising industry—by killing it. Or at least parts of it. Companies in the coalition will discuss, among other idea, pre-installation of a selective ad-blocker on web browsers as a means to effectively purge the internet of the most intrusive types of ads, such as those that automatically play sound, take-up too much of your screen, or force you to wait a certain amount of time before you can dismiss them.The idea was first reported Thursday by Th... Read More
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Trump eyes changes to Obama’s tax and Wall Street rules

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

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The Trump administration embarked Friday on new efforts to study and possibly dismantle some of the tax and financial regulations established by former President Barack Obama. President Donald Trump will sign an executive order to review tax regulations set last year by his predecessor, as well as two memos to potentially reconsider major elements of the 2010 Dodd-Frank financial reforms passed in the wake of the Great Recession. The review of tax regulations could give greater leeway to companies looking to shelter income overseas, or simply seeking to reduce paperwork related to the enforcement of such regulations. Treasury Secretary Steven Mnuchin said a “significant” issue to be examined will be the crackdown... Read More
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US stocks dip Friday as energy companies and banks sink

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

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U.S. stocks are mostly lower Friday after a big gain the day before. Energy companies are falling as oil prices decrease and one of the largest companies in the industry, Schlumberger, announced lower revenue than investors had forecast. Banks are down with bond yields and interest rates. Toy maker Mattel is nosediving after it reported a big drop in sales. KEEPING SCORE: The Standard & Poor’s 500 index lost 2 points, or 0.1 percent, to 2,353 as of noon Eastern time. The Dow Jones industrial average gained 11 points to 20,589. The Nasdaq composite rose almost 1 point to 5,917, just above its record high close from Thursday. The Russell 2000 index of smaller-company stocks fell 5 points, or 0.3 percent, to 1,379. More stocks ... Read More
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Researchers claim China trying to hack South Korea missile defense efforts

In Business, Government, Legal, Security by Ars TechnicaLeave a Comment

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Enlarge / South Korea is deploying Lockheed Martin's THAAD missile defense system, and that's sparked the ire of the Chinese government, as well as military and "hacktivist" hacking groups, according to FireEye.... Read More
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Stocks edge lower in early trading Friday

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

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Stocks are edging lower in early trading on Wall Street as traders digest the latest round of company earnings reports. Toymaker Mattel slumped 8.3 percent in the first few minutes of trading Friday after reporting results that fell far short of analysts’ forecasts. Elsewhere, payments processing giant Visa climbed 1 percent after reporting a solid quarter. The Standard & Poor’s 500 index was down 1 point at 2,354. The Dow Jones industrial average rose 9 points, or 0.1 percent, to 20,590. The Nasdaq composite was little changed at 5,913. Share this: ... Read More
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Asian stocks advance after US markets rally

In Business, Finance, Government by Newsday Technology NewsLeave a Comment

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A man walks past an electronic stock board showing world index chart at a securities firm in Tokyo, Friday, April 21, 2017. Asian stocks rose Friday after Wall Street rallied on strong corporate earnings ahead of the first round of voting in France's closely watched presidential election. (AP Photo/Eugene Hoshiko) (Credit: AP) (AP) -- Asian stocks rose Friday ahead of the first round of voting in France's closely watched presidential election, after Wall Street rallied on strong c... Read More
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Global stocks mixed ahead of French vote

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A woman walks past an electronic stock board showing world index chart at a securities firm in Tokyo, Friday, April 21, 2017. Asian stocks rose Friday after Wall Street rallied on strong corporate earnings ahead of the first round of voting in France's closely watched presidential election. (AP Photo/Eugene Hoshiko) (Credit: AP) (AP) -- European stocks declined while most Asian markets rose Friday ahead of the first round of voting in France's closely watched presidential elect... Read More
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Exxon, Dow Chemical requests to Trump administration raise red flags about corporate influence

In Business, Government, Video by PBS NewsHourLeave a Comment

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Companies routinely lobby on their own behalf, a normal practice that helps corporate profits and economic livelihoods. But moves by ExxonMobil and others are fueling scrutiny of the Trump administration and its corporate influences. Norman Eisen of the Brookings Institute and The Wall Street Journal's Jay Solomon join Hari Sreenivasan to discuss how these moves are raising red flags.... Read More
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Exxon Mobil wants to resume Russia oil venture

In Business, Video by NewsyLeave a Comment

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Anonymous sources told The Wall Street Journal that the oil giant applied for a waiver to drill in the Black Sea.Learn more about this story at www.newsy.com/68622/Find more videos like this at www.newsy.comFollow Newsy on Facebook: www.facebook.com/newsyvideosFollow Newsy on Twitter: www.twitter.com/newsyvideos... Read More
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US stocks rally again as banks and industrial companies rise

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

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U.S. stocks are climbing Thursday as transportation companies jump following solid earnings from railroad operator CSX, while paint and coatings maker Sherwin-Williams sends companies that make and sell basic materials higher. Banks are also gaining ground after more of them report solid earnings and as bond yields rise, which allows banks to charge higher interest rates on loans. KEEPING SCORE: The Standard & Poor’s 500 index advanced 17 points, or 0.7 percent, to 2,355 as of 12:35 p.m. Eastern time. The Dow Jones industrial average rose 166 points, or 0.8 percent, to 20,570. The Nasdaq composite gained 51 points, or 0.9 percent, to 5,914, near its all-time closing high. The Russell 2000 index of smaller-company stocks added 14... Read More
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Verizon’s profit sinks as it loses wireless subscribers

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

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Verizon’s profit sunk 20 percent in its first quarter as it lost subscribers for its wireless cellphone service. Shares dropped more than 2 percent in Thursday premarket trading. The stock has fallen more than 8 percent since the beginning of the year. The New York company said that it lost 307,000 wireless subscribers who are billed each month, the more lucrative kind of wireless customer. Verizon said it would have lost even more subscribers during the first three months of the year if it didn’t launch its unlimited wireless service in February. Last year during the same period, it added 640,000 subscribers. Verizon Communications Inc., the largest U.S. cellphone carrier, is facing increased competition from ri... Read More
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Despite legal battle with Apple, Qualcomm collected some iPhone royalties

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

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Qualcomm continued to collect some royalties for Apple’s use of its wireless technology in iPhones last year despite dueling lawsuits between the two mobile giants, cheering Qualcomm investors who feared that the payments had entirely dried up. Qualcomm said on Wednesday that Apple’s contract manufacturers including Foxconn paid royalties, although they withheld around $1 billion from the undisclosed total amount due. The amoun... Read More
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Breaking down the significance of Georgia special election

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

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The special election in Georgia's sixth congressional district is now headed to a runoff in June. The race has captured national attention, and both Republicans and Democrats are claiming a degree of victory. Wall Street Journal White House reporter Eli Stokols joins CBSN to discuss that and more political headlines.Subscribe to the "CBSN" Channel HERE: http://bit.ly/1Re2MgSWatch "CBSN" live HERE: http://cbsn.ws/1PlLpZ7Follow "CBSN" on Instagram HERE: ... Read More
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Facebook’s Building 8 is creating tech that lets you hear through your skin

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

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Regina Dugan, the leader of Facebook’s secretive Building 8 hardware research group, today provided the first official hints about what her organization has been working on. Dugan joined Facebook last year spending four years at Google, where she was chief of the company’s Advanced Technologies and Projects (ATAP) group. That’s the organization behind the Project Ara modular smartphone concept, which ended up dying an inevitable death. Other ATAP projects like Project Vault... Read More
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Bill O'Reilly out at Fox News amid sexual harassment claims

In Business, Government by ABC 7 NYLeave a Comment

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NEW YORK (WABC) -- Embattled host Bill O'Reilly is out at Fox News, 21st Century Fox announced Wednesday afternoon."After a thorough and careful review of the allegations, the Company and Bill O'Reilly have agreed that Bill O'Reilly will not be returning to the Fox News Channel," the network said in a statement. New York magazine reported Wednesday, based on unnamed sources, that Rupert Murdoch and sons James and Lachlan, who run Fox parent 21st Century Fox, had decided that O'Reilly would lose his job following accusations he had harassed women.On Tuesday, the Wall Street Journal, a newspaper owned by the Murdochs, wrote that the company was preparing to cut ties with O'Reilly.The New York Times re... Read More
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Morgan Stanley posts 1Q profit

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(AP) -- Morgan Stanley on Wednesday reported first-quarter profit of $1.93 billion. The company, based in New York, said it had earnings of $1 per share. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share. The investment bank posted revenue of $10.94 billion in the period.... Content Preview This content is exclusive for Optimum, Time Warner® and Comcast® customers with access to News 12. Already registered or an Optimum customer?Log in ... Read More
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Global stocks mixed after UK announces snap election

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A man looks at an electronic stock indicator of a securities firm in Tokyo, Wednesday, April 19, 2017. Asian stocks slipped on Wednesday as the British prime minister's surprise announcement to hold early elections increased the uncertainty while weak corporate earnings on Wall Street overnight weighed on investor sentiment. (AP Photo/Shizuo Kambayashi) (Credit: AP) (AP) -- Global stock markets were mixed on Wednesday as investors gauged the impact from British Prime Minister Th... Read More
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AI will create many new jobs — here’s how you can prepare

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

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As U.S. Treasury Secretary Steve Mnuchin predicts artificial intelligence (AI) won’t be a threat to American jobs over the next several decades, and still others opine on why he is wrong, both sides are missing an important point: No matter the pace of change as AI makes in-roads into the workplace, humans need more training and skills development in order to be equipped for tomorrow’s jobs. Rather than trying to spin ... Read More

Yahoo reports $1.37 billion revenue in final quarter as independent company

In Business by Venture BeatLeave a Comment

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Yahoo ($YHOO) reported its first quarter earnings on Tuesday, revealing that it generated $1.37 billion in revenue, a 26 percent increase, and a non-GAAP earnings per share of $0.18. Wall Street analysts had been expecting $1.23 billion in revenue with an EPS of $0.08. Shares in the company closed the day up 0.36 percent at $47.56 and in after-hours trading continues to increase 0.40 percent. “Our Q1 performance reflects solid financial and operational execution in the new year, with more than $1.3 billion in GAAP revenue delivered. These results are the product of our teams’ tremendous focus... Read More
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Health care, banks lead US stocks lower Tuesday

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

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Stocks are closing lower on Wall Street as poor results from Johnson & Johnson, Goldman Sachs and other companies put a damper on buying. Johnson & Johnson lost 3.1 percent Tuesday and drugmaker Cardinal Health slumped 11.5 percent. Goldman Sachs fell 4.7 percent after reporting a rare miss on its trading desk. European markets tumbled and the pound rose after the British government called for an early election. The Standard & Poor’s 500 index fell 6 points, or 0.3 percent, to 2,342. The Dow Jones industrial average gave up 113 points, or 0.6 percent, to 20,523. Goldman Sachs accounted for most of that loss. The Nasdaq composite slipped 7 points, or 0.1 percent, to 5,849. Bon... Read More
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Trump administration not sharing strategy on North Korea

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

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The Trump administration says it will take action on North Korea amid escalating tensions. However, President Trump said he will not "telegraph" his strategy on North Korea. Wall Street Journal White House correspondent Carol Lee joins CBSN to discuss.Subscribe to the "CBSN" Channel HERE: http://bit.ly/1Re2MgSWatch "CBSN" live HERE: http://cbsn.ws/1PlLpZ7Follow "CBSN" on Instagram HERE: ... Read More
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Facebook turns to discovery, third-party chat extensions in latest Messenger platform push

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

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Facebook’s Messenger platform was unveiled in 2015 at the company’s F8 conference with the goal of letting developers “build apps that help people connect.” Last year, it expanded to support chatbots which could have been a big thing, but ultimately ... Read More
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Health care, banks lead US stocks lower Monday

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

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Stocks are sliding in early trading on Wall Street as health care companies and banks move lower. Goldman Sachs sank 3 percent early Tuesday after its latest earnings fell short of forecasts due to an unusual miss in its trading business. That took about 50 points off the Dow Jones industrial average. In health care, Johnson & Johnson lost 2.7 percent after its revenue came in below forecasts and Cardinal Health plunged 10.6 percent after issuing a weak forecast. The Standard & Poor’s 500 index fell 5 points, or 0.2 percent, to 2,343. The Dow lost 75 points, or 0.4 percent, to 20,563. The Nasdaq composite slipped 10 points, or 0.2 percent, to 5,846. Bond prices rose. The yield on the 10-year Treasury ... Read More
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US stocks have biggest gain in 6 weeks

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

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Stocks are closing broadly higher on Wall Street, giving the market its biggest gain in six weeks. Banks posted some of the biggest gains Monday. Wells Fargo jumped 2.7 percent. Among consumer-focused stocks, Amazon.com gained 2 percent. Medical device maker Alere soared 16 percent after it agreed to new terms for a sale to Abbott Laboratories. The Standard & Poor’s 500 index gained 20 points, or 0.9 percent, to 2,349. The Dow Jones industrial average rose 183 points, or 0.9 percent, to 20,636. The Nasdaq composite increased 51 points, or 0.9 percent, to 5,856. Small-company stocks rose more than the rest of the market. The Russell 2000 climbed 15 points, or 1.2 percent, to 1,361. Bo... Read More
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The Economic Lessons of the Stink Highway

In Business, Education, Government, Science & Nature by New YorkerLeave a Comment

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... Read More
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Sales AI company Afiniti raises $1.6 billion, files for IPO

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

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You’ll be forgiven for not having heard of Afiniti, a Washington, D.C. company that may be the first pure-play artificial intelligence companies to file for an IPO since the big AI hype wave hit last year. Afiniti uses AI to help companies more efficiently pair their sales people with customers, and boasts that it raises sales by an average of 4 to 6 percent. Since Afiniti started 11 years ago it has lain low, preferring to amass customers quietly rather than banging the PR drum. About to go public But now Afiniti’s about come under a spotlight. The company confidentially filed for an IPO late last year, VentureBeat has learned, and it has raised $1.6 ... Read More
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What’s making President Trump shift views on domestic policies?

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

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President Trump has made a series of reversals in recent days. Despite a tough posture during his campaign, he now says he won't label China as a currency manipulator. And on tax reform, Fed chair Janet Yellen and the Export-Import Bank, the president has made stark departures from past remarks. Hari Sreenivasan talks to Carol Lee of The Wall Street Journal and Robert Costa of The Washington Post.... Read More
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Stocks slide, led by energy companies Thursday

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

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Energy stocks led a broad decline on Wall Street, giving the market its third loss in a row. Financial stocks also dropped Thursday. Wells Fargo gave up 3.3 percent after Warren Buffett’s Berkshire Hathaway said it was selling some of its stake for regulatory reasons. Pier 1 Imports plunged 9 percent after reporting disappointing sales. The Standard & Poor’s 500 index fell 15 points, or 0.7 percent, to 2,328. The Dow Jones industrial average lost 138 points, or 0.7 percent, to 20,453. The Nasdaq composite gave up 31 points, or 0.5 percent, to 5,805. Small-company stocks fell more than the rest of the market. The Russell 2000 index lost 13 points, or 1 percent, to 1,345. U.S. markets will ... Read More
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US stocks open slightly lower Thursday

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

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Stocks are opening modestly lower on Wall Street, led by declines in banks and energy companies. Wells Fargo sank 2.5 percent early Thursday, despite a solid earnings report, following news that Warren Buffett’s Berkshire Hathaway is selling some of its stake in the bank to avoid coming under additional regulatory scrutiny. Pier 1 Imports dropped 8.6 percent after reporting disappointing sales. The Standard & Poor’s 500 index fell 3 points, or 0.1 percent, to 2,341. The Dow Jones industrial average lost 31 points, or 0.1 percent, to 20,566. The Nasdaq composite declined 4 points, or 0.1 percent, to 5,831. U.S. markets will be closed Friday for the Good Friday holiday. ... Read More
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Reviving Obamacare repeal and replace efforts an uphill battle for GOP?

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

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Published on Apr 13, 2017The Wall Street Journal Deputy Editor-in-Chief Matt Murray and 32 Advisors CEO Robert Wolf on Republican efforts to repeal and replace Obamacare. Category License Standard YouTube License ... Read More
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Global stocks lower after Trump talks down dollar

In Business, Finance, Government by Newsday Technology NewsLeave a Comment

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Women walk past an electronic stock indicator of a securities firm in Tokyo, Thursday, April 13, 2017. Asian stock markets were mostly lower Thursday after Wall Street fell for a second day and U.S. President Donald Trump withdrew a threat to declare China a currency manipulator. (AP Photo/Shizuo Kambayashi) (Credit: AP) (AP) -- Global stock markets were mostly lower Thursday after President Donald Trump withdrew a threat to declare China a currency manipulator and said the... Read More
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Sculptor Of Wall Street Bull Says 'Fearless Girl' Horns In On His Work

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

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Enlarge this image The Charging Bull and Fearless Girl square off in New York City's financial district. Arturo Di Modica, the bull's sculptor, says the girl staring it down has changed the... Read More
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Industrial stocks lead US indexes lower Wednesday

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

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Industrial companies led U.S. stocks modestly lower on Wall Street. General Electric fell 1 percent Wednesday. Consumer goods makers bucked the downward trend and moved higher. PepsiCo gained 1.7 percent. Tractor Supply Company slumped 8.3 percent after issuing a weak forecast. Trading was subdued ahead of the Easter holiday weekend. The Standard & Poor’s 500 index fell 8 points, or 0.4 percent, to 2,344. The Dow Jones industrial average lost 59 points, or 0.3 percent, to 20,591. The Nasdaq composite declined 30 points, or 0.5 percent, to 5,836. Bond prices rose. The yield on the 10-year Treasury note fell to 2.27 percent. U.S. markets will be closed Friday for the Good Friday... Read More
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'Charging Bull' sculptor says 'Fearless Girl' installed without permission

In Business, Finance, Government by ABC 7 NYLeave a Comment

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NEW YORK -- The sculptor of Wall Street's "Charging Bull" statue is accusing New York City of violating his legal rights by allowing the "Fearless Girl" statue to be installed facing the bronze beast without his permission.Attorney Norman Siegel tells The Associated Press that Arturo Di Modica will explain Wednesday how he's challenging city officials who are allowing the bronze girl to stay until February. Siegel says he already demanded the city release documents showing what procedures were followed. Di Modica calls the statue an "advertising trick" created by two corporate giants. He ... Read More
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Slightly lower open for US stocks Wednesday

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

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Stocks are opening slightly lower on Wall Street as phone companies and banks take losses. Verizon and AT&T each fell about 0.5 percent in early trading Wednesday and Wells Fargo gave up 0.7 percent. Tractor Supply Company slumped 6.2 percent after issuing a weak forecast, and Delta Air Lines rose 3.6 percent after reporting earnings that beat analysts’ estimates. The Standard & Poor’s 500 index fell 4 points, or 0.2 percent, to 2,350. The Dow Jones industrial average lost 26 points, or 0.1 percent, to 20,625. The Nasdaq composite slipped 3 points, or 0.1 percent, to 5,862. Bond prices rose. The yield on the 10-year Treasury note fell to 2.29 percent. ... Read More
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'Charging Bull' sculptor says 'Fearless Girl' installed without his permission

In Business, Finance, Government by ABC 7 NYLeave a Comment

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NEW YORK -- The sculptor of Wall Street's "Charging Bull" statue is accusing New York City of violating his legal rights by allowing the "Fearless Girl" statue to be installed facing the bronze beast without his permission.Attorney Norman Siegel tells The Associated Press that Arturo Di Modica will explain Wednesday how he's challenging city officials who are allowing the bronze girl to stay until February. Siegel says he already demanded the city release documents showing what procedures were followed. Di Modica calls the statue an "advertising trick" created by two corporate giants. He says the presence of "Fearless Girl" infringes on his own copyrighted artistic expression while drawing global attention.... Read More
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'Charging Bull' sculptor accuses NYC of violating his rights

In Business, Government by Newsday Technology NewsLeave a Comment

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(AP) -- The sculptor of Wall Street's "Charging Bull" statue is accusing New York City of violating his legal rights by allowing the "Fearless Girl" statue to be installed facing the bronze beast, without his permission. Attorney Norman Siegel told The Associated Press that Arturo Di Modica will explain at a news conference Wednesday exactly how he's challenging city officials who issued... Content Preview This content is exclusive for Optimum, Time Warner® and Comcast® customers with access to News 12. Already registered or an Optimum customer?Log in ... Read More
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United faces public-relations fiasco over dragged passenger

In Business, Government by Newsday Technology NewsLeave a Comment

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FILE - In this Thursday, June 2, 2016, file photo, United Airlines CEO Oscar Munoz delivers remarks in New York, during a presentation of the carrier's new Polaris service, a new business class product that will become available on trans-Atlantic flights. Munoz said in a note to employees Tuesday, April 11, 2017, that he continues to be disturbed by the incident Sunday night in Chicago, where a passenger was forcibly removed from a United Express flight. Munoz said he was committed to "fix what's broken so th... Read More
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Is it the end of socialism in Venezuela? – Inside Story

In Business, Video by Al Jazeera EnglishLeave a Comment

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Venezuela, fighting and resisting. That's how activists in the capital Caracas are describing the past week.There have been almost daily demonstrations, some of which became violent. Protesters say President Maduro is inching towards tyranny, and they want him to resign. But Maduro says the opposition is conspiring with foreigners to destabilise the country, an accusation he's made many times before.If he doesn't go, what happens next?Presenter: Laura KyleGuests:Vanessa Neumann, founder and CEO of the political risk consulting firm Asymmetrica. Anatoly Kurmanaev, the Venezuela Reporter for the Wall Street JournalDiego Arria, former Venezuelan Amb... Read More
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US stocks open modestly lower Tuesday

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Stocks are opening modestly lower on Wall Street, led by declines in banks and energy companies. Fifth Third Bancorp fell 1.2 percent and Capital One Financial also lost 1.2 percent. Chesapeake Energy fell 2.4 percent. In earnings news, MTS Systems plunged 9 percent after reporting earnings that fell short of analysts’ estimates. The Standard & Poor’s 500 index fell 5 points, or 0.2 percent, to 2,352. The Dow Jones industrial average lost 24 points, or 0.1 percent, to 20,629. The Nasdaq composite gave up 14 points, or 0.3 percent, to 5,866. Bond prices rose. The yield on the 10-year Treasury note fell to 2.33 percent. ... Read More
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Global shares mixed as North Korean tensions simmer

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A woman walks past an electronic stock indicator of a securities firm in Tokyo, Tuesday, April 11, 2017. Shares were mostly lower Tuesday in Asia amid growing wariness over tensions with North Korea. (AP Photo/Shizuo Kambayashi) (Credit: AP) (AP) -- Shares were mixed Tuesday in Europe and Asia as trading was overshadowed by North Korea's rumblings over the U.S. decision to send an aircraft carrier group into waters near the Korean Peninsula. KEEPING SCORE: Germany's D... Read More
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Will a border tax hurt the American people?

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

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Assistant editor of The Wall Street Journal’s editorial page James Freeman, The Fiscal Times columnist Liz Peek and BGC Partners chief strategist Steve Cortes on whether a border tax will hurt the American people and President Trump’s infrastructure overhaul.... Read More
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Wells Fargo Executives Ordered To Pay Back $75 Million Over Fake Accounts

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

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NPR's Audie Cornish talks to Emily Glazer of The Wall Street Journal about the 113-page report into Wells Fargo's practices that was released on Monday. The bank's board said that it would claw back millions from executives who were complicit in high-pressure sales tactics. ... Read More
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Energy stocks lead early gains in US Monday

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Stocks are opening modestly higher on Wall Street, led by gains in energy and industrial companies. Oil companies were rising along with the price of crude early Monday. Hess rose 2.2 percent and rig operator Transocean increased 1.4 percent. Among industrial companies, transportation company Ryder System 1.7 percent. The Standard & Poor’s 500 index rose 5 points, or 0.2 percent, to 2,360. The Dow Jones industrial average gained 36 points, or 0.2 percent, to 20,693. The Nasdaq composite climbed 16 points, or 0.3 percent, to 5,894. Share this: ... Read More
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Dallas emergency siren hacking is like a scene out of Watch Dogs 2

In Business, Government, Security by Venture BeatLeave a Comment

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On Friday night, hackers took control of all the emergency sirens in the city of Dallas. The city’s warning system of 156 sirens started blaring at 11:40 p.m. Friday and continued for 40 minutes, according to the New York Times. It shouldn’t be possible for this to happen, but it was like a scene from Ubisoft’s Watch Dogs 2 video game, which debuted in December and raised awareness about how it will be possible to hack “smart cities” and the Internet of Things — or making everyday objects smart and connected. In Dallas, the alarms caused a panic, waking up residents and flooding 911 w... Read More
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Is college worth the cost?

In Business, Education, Legal, Video by PBS NewsHourLeave a Comment

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College student loan debt in the U.S. now stands at $1.4 trillion -- more than what Americans owe on their credit cards or car loans. To determine whether the investment pays off, students and lawmakers are asking schools for more data on graduation rates, earnings potential and other measures of post-college success. Melissa Korn, reporter for The Wall Street Journal, joins Hari Sreenivasan to discuss.... Read More
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The future of U.S. trade policy with China

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

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President Trump is meeting at Mar-a-Lago with President Xi Jinping of China. Trade is expected to be a central issue during their two-day summit. Wall Street Journal reporter William Mauldin joins CBSN to discuss the economic implications.Subscribe to the "CBSN" Channel HERE: http://bit.ly/1Re2MgSWatch "CBSN" live HERE: ... Read More
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Is the Fed playing politics?

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

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Wall Street Journal video reporter Shelby Holliday and Payden & Rygel chief economist Jeffrey Cleveland on the Federal Reserve’s relationship with President Trump and its impact on the U.S. economy.... Read More
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Everything your startup needs to know about marketing communications

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

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I was having coffee with the CEO of a new startup, listening to her puzzle through how to communicate to potential customers. She was an academic on leave from Stanford now selling SaaS software to large companies but was being inundated with marketing communications advice. “My engineers say our website is old school and we need to be on Facebook, Twitter, and Instagram, my VP of Sales says we’re wasting our marketing dollars not targeting the right people, and my board keeps giving me their opinions of how we should describe our product and company. How do I sort out what to do?” She winced as I reminded her that she had gone through the ... Read More
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What will Trump do in Syria following the deadly chemical attack?

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

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The Wall Street Journal’s U.S. Editor Glenn Hall on how Trump will respond to the chemical attack in Syria, how it will impact the United States’ relationship with Russia, and how could impact Trump’s agenda.... Read More
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Lyft reportedly raises $500 million

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Lyft has reportedly raised a new round of funding to support its on-demand ride hailing service. It’s believed that investors have put $500 million more into the company’s coffers, probably invigorated by its recent market growth and Uber’s stumbles. A Lyft spokesperson declined to comment. And while the Financial Times and Wall Street Journal were the first publications to report this fundraise, the valuations were different, with the former saying $6.9 billion while the latter said $7.5 billion. According to ... Read More
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Steve Bannon Is Losing to the Globalists

In Business, Education, Finance, Government, Legal, Security by New YorkerLeave a Comment

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... Read More
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US stocks off to a mixed start Thursday

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

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Stocks are off to a mixed start on Wall Street as gains in energy companies and retailers are offset by losses in phone companies and banks. Bed Bath & Beyond jumped 5 percent early Thursday after reporting results that beat analysts’ forecasts, but Capital One Financial gave up 1 percent. Beverage maker Constellation Brands, which makes Corona and Modelo beers, jumped 7 percent after reporting a strong quarter. The Standard & Poor’s 500 index edged up 1 point to 2,354. The Dow Jones industrial average edged up 14 points, or 0.1 percent, to 20,662. The Nasdaq composite rose 12 points, or 0.2 percent, to 5,876. Bond prices rose slightly. The yield on the 10-year Treasury note slipped to 2.33 percent.... Read More
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PHOTOS: The Many Possible Shapes Of Trump's Border Wall

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

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By the time bidding closed Tuesday, there was no lack of companies competing to build the wall President Trump has proposed for the border between the U.S. and Mexico. In fact, by The Associated Press' count, upwards of 200 organizations had expressed interest in designing and building it for Customs and Border Protection. Despite their common goal, the companies submitting bids have followed some radically different paths in their approach. A... Read More
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An early rally evaporates on Wall Street Wednesday

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

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Stocks gave up an early gain and ended lower on Wall Street after the Federal Reserve indicated it could start reducing its bond holdings. Banks led the declines Wednesday. JPMorgan Chase lost 1.3 percent. The market had been broadly higher most of the day but started to turn lower after minutes released from the Fed’s last policy meeting indicated the central bank might start trimming its balance sheet later in the year. The Fed bought large amounts of bonds during the financial crisis to stimulate the economy. The Standard & Poor’s 500 index lost 7 points, or 0.3 percent, to 2,352. It was up 18 points earlier. The Dow Jones industrial average lost 41 points, or 0.2 percent, to 20,648. The Nasdaq f... Read More
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Report: PSVR is headed to virtual reality arcades in Japan

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Sony is expected to deploy the PlayStation VR headsets in arcades in the Japanese market, according to a report by the Wall Street Journal. A new “location-based entertainment” division at Sony Interactive Entertainment will lead the initiative and find partners in Japan. VR arcades are starting to become popular in Japan as testing grounds for new innovations in gaming, and VR headset rival HTC Vive is also opening VR arcades in places lik... Read More
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Banks, energy lead early gains for stocks Wednesday

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

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Stocks are opening broadly higher on Wall Street, led by gains in banks and energy companies. Investors were encouraged Wednesday by a report that private employers stepped up hiring in the U.S. last month. Panera Bread jumped 13.6 percent after the company agreed to be acquired by JAB Holdings, which also owns Peet’s Coffee & Tea and Krispy Kreme Doughnuts. The Standard & Poor’s 500 index rose 6 points, or 0.3 percent, to 2,366. The Dow Jones industrial average gained 77 points, or 0.4 percent, to 20,771. The Nasdaq composite increased 13 points, or 0.2 percent, to 5,912. Bond prices fell slightly. The yield on the 10-year Treasury note rose to 2.37 percent. ... Read More
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Stocks end little changed on Wall Street Tuesday

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

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Stocks are closing little changed on Wall Street as gains in energy companies are canceled out by losses in banks and other parts of the market. Oil and gas companies benefited from broad increases in energy prices. Chesapeake Energy jumped 6.8 percent and Range Resources rose 4.2 percent. Staples jumped 9.8 percent after the Wall Street Journal reported that the office supplies company is talking to private equity firms about a potential sale. Lighting maker Acuity Brands plunged 14.8 percent after its profit and sales were weaker than expected. The Standard & Poor’s 500 index edged up 1 point to 2,360. The Dow Jones industrial average rose 39 points, or 0.2 percent, to 20,689. The Nasdaq composite g... Read More
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Stocks slip again early Tuesday following weak business investment report

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

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U.S. stocks are lower again Tuesday morning after the Commerce Department said a measurement of business investment fell in February. Banks and energy companies are taking some of the biggest losses. Stocks fell the previous day after weak car sales raised some worries about spending on other types of purchases. KEEPING SCORE: The Standard & Poor’s 500 index skidded 6 points, or 0.3 percent, to 2,352 as of 10:15 a.m. Eastern time. The Dow Jones industrial average gave up 27 points, or 0.1 percent, to 20,623. The Nasdaq composite fell 10 points, or 0.2 percent, to 5,884. The Russell 2000 index of small-company stocks slipped less than 1 point to 1,368. SLOW START: The Commerce Department said orders to U.S. factories c... Read More
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Does Trump need some policy victories to maintain America's optimism?

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

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The Wall Street Journal Global Economics Correspondent Jon Hilsenrath, pollster Lee Carter and RealClearPolitics National Politics Reporter Caitlin Huey-Burns on President Trump's agenda.... Read More
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Global shares mixed ahead of US-China talks

In Business, Finance, Government by Newsday Technology NewsLeave a Comment

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A currency trader watches monitors near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Tuesday, April 4, 2017. Asian stock markets were mostly lower on Tuesday after disappointing U.S. car sales data contributed to a bleak day on Wall Street. Investors are cautiously awaiting President Donald Trump's meeting with the Chinese president later this week. (AP Photo/Lee Jin-man) (Credit: AP) (AP) -- ... Read More
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Stocks end broadly lower on Wall Street Monday

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Stocks are ending broadly lower on Wall Street with some of the biggest losses going to automakers and parts suppliers following disappointing sales figures for March. Fiat Chrysler gave up 4.8 percent Monday and General Motors fell 3.4 percent. Electric car maker Tesla bucked the trend and jumped 7.3 percent after reporting sharply higher deliveries in the first quarter. The Standard & Poor’s 500 index fell 5 points, or 0.2 percent, to 2,357. The Dow Jones industrial average slipped 13 points, or 0.1 percent, to 20,650. The Nasdaq composite fell 17 points, or 0.3 percent, to 5,894. Small-company stocks fell far more than the rest of the market. Bond prices rose. The yield on the 10-year Treasu... Read More
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US stocks slide as weaker auto sales trouble the market

In Business, Finance by Newsday Technology NewsLeave a Comment

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FILE - In this Monday, Aug. 24, 2015, file photo, a man walks towards the New York Stock Exchange. Stocks are edging higher in early trading on Wall Street, Monday, April 3, 2017, with the biggest gains going to materials and industrial companies. The early gains follow a solid first quarter for U.S. stocks. (AP Photo/Seth Wenig, File) (Credit: AP) (AP) -- U.S. stocks are sinking Monday as car makers drop after reporting March sales figures that disappointed investors. Companies conne... Read More
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Russian Hackers Have Used the Same Backdoor for Two Decades

In Business, Education, Government, Legal, Science & Nature, Security by Wired NewsLeave a Comment

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About a year ago, the two-decade-old trail of a group of Russian hackers led Thomas Rid to a house in the quiet London suburb of Hartley Wintney. Rid, a cybersecurity-focused political science professor and historian, wrote a long-shot email to David Hedges, a 69-year-old retired IT consultant who lived there. Rid wanted to know if Hedges might somehow still possess a very specific, very old chunk of data: the logs of a computer Hedges had used to run a website for one of his clients in 1998. Back then, Russian spies had commandeered it, and used it to help run one of the earliest mass-scale digital intrusion campaigns in computing history.A few weeks later, Hedges answered as if he’d almost been expecting the request: The ancie... Read More
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US stocks edge higher in early trading

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

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Stocks are edging higher in early trading on Wall Street with the biggest gains going to materials and industrial companies. The early gains Monday follow a solid first quarter for U.S. stocks. Steelmaker Nucor rose 1.3 percent in early trading. Electric car maker Tesla rose 2.7 percent after reporting a big jump in deliveries for ...... Read More
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After protests, Venezuela restores power to congress

In Business, Government, Video by PBS NewsHourLeave a Comment

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Venezuela's Supreme Court today reversed a decision to strip the opposition-led congress of legislative power. That original decision had brought protests and criticism from the United Nations along with foreign governments, including the United States. Anatoly Kurmanaev, a reporter at the Wall Street Journal, joins Hari Sreenivasan from Caracas to discuss.... Read More
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Trump facing allegations it funneled reports to Republican investigating Russia ties

In Business, Government, Legal, Security by ABC 7 NYLeave a Comment

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WASHINGTON -- The White House's handling of intelligence reports on the Russia investigation has been labeled unorthodox and, to the Democrats, suspicious. But when it comes to Donald Trump's relationship with his spy agencies, that's par for the course.Since taking office, Trump has challenged the integrity of intelligence officials, moved to exert more control over U.S. spying agencies and accused his predecessor of using government spycraft to monitor his presidential campaign. This week, Trump's White House is facing allegations that it funneled secret intelligence reports to a top Republican investigating his campaign's possible ties to Russian officials as well as Moscow's interference i... Read More
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The 10 biggest European tech stories this week: Uber, Square, Picnic, and more

In Business, Legal, Start Up by Venture BeatLeave a Comment

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This week, Tech.eu tracked 9 technology M&A transactions and 96 tech funding deals totalling €460 million (about $491 million) in Europe, Turkey and Israel. Here’s an overview of the 10 biggest European tech news items for this week: 1) Dutch online supermarket Picnic has raised €100 million in funding from NPM Capital, De Hoge Dennen, Hoyberg, and Finci. Picnic was founded 18 months ago and provides free online grocery delivery via electric vehicles. 2) The European Commission is drafting several options to change rules to allow criminal and antiterror investigators ... Read More
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Will Senator Schumer filibuster Supreme Court nominee Neil Gorsuch?

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Published on Mar 31, 2017Former Gorsuch Clerk Jamil Jaffer and James Freeman of The Wall Street Journal weigh in on whether Senator Chuch Schumer (D-NY) will filibuster Supreme Court nominee Neil Gorsuch, and if Republicans will have to use the ‘nuclear option.’ Category License ... Read More
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What the positive February jobs report signals for the U.S. economy

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NatWest Markets Managing Director and US Chief Economist Michelle Girard, Barron’s Senior Editor Jack Hough, Forbes Media Chairman Steve Forbes, and James Freeman from The Wall Street Journal react to the February jobs report, and U.S. Treasury Secretary Steven Mnuchin’s request to Congress to raise the debt ceiling.... Read More
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Ex-National Security Adviser Michael Flynn seeks immunity in Russia probe

In Business, Government, Legal, Security by ABC 7 NYLeave a Comment

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WASHINGTON -- Congressional investigators on Friday rebuffed former National Security Adviser Michael Flynn's offer of cooperation in exchange for immunity from prosecution, saying it's too early in their probe of Russia connections to discuss a deal.President Donald Trump tweeted that Flynn, his former adviser, should ask for immunity because he's facing "a witch hunt." Flynn's attorney said talks have taken place about immunity in order for him to testify. Intelligence committees in both the Senate and House are investigating Russia's meddling in the 2016 presidential election.A congressional aide confirmed that preliminary discussions with the Senate intelligence committee involved immun... Read More
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Markets wobble on last day of big quarter

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

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The stock market is closing out a solid quarter with a day of mixed trading on Wall Street. Major indexes were moving in a small range Friday. The Dow Jones industrials posted a small loss, dragged down by a 2 percent drop in Exxon Mobil. Utilities led the gainers. Exelon rose 1.5 percent. The Standard & Poor’s 500 edged up a fraction to 2,368. The Dow lost 27 points, or 0.1 percent, to 20,700. The Nasdaq composite increased 7 points, or 0.1 percent, to 5,921. Three stocks rose for every two that fell on the New York Stock Exchange. Bond prices rose. The yield on the 10-year Treasury note fell to 2.41 percent. ... Read More
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US stocks edge lower in early trade Friday

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

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Indexes are edging lower in early trading on Wall Street as banks, industrial companies and energy stocks head lower. Wells Fargo lost 0.5 percent in the first few minutes of trading Friday and Exxon Mobil fell 0.7 percent. The Nasdaq composite closed at an all-time high a day earlier. The Standard & Poor’s 500 index fell 4 points, or 0.2 percent, to 2,363. The Dow Jones industrial average lost 35 points, or 0.2 percent, to 20,692. The Nasdaq composite gave back 12 points, or 0.2 percent, to 5,902. Bond prices rose. The yield on the 10-year Treasury note fell to 2.40 percent. ... Read More
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Elon Musk Isn’t the Only One Trying to Computerize Your Brain

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

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Elon Musk wants to merge the computer with the human brain, build a “neural lace,” create a “direct cortical interface,” whatever that might look like. In recent months, the founder of Tesla, SpaceX, and OpenAI has repeatedly hinted at these ambitions, and then, earlier this week, ... Read More
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Global stock markets sink after Wall Street gains

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Men chat in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo, Friday, March 31, 2017. Asian stock markets were mostly higher Friday after Wall Street gained and Chinese factory activity improved. (AP Photo/Eugene Hoshiko) (Credit: AP) (AP) -- Global stock markets sank Friday after U.S. President Donald Trump said his first meeting with his Chinese counterpart next week will be "very difficult." KEEPING SCORE: In early trading,... Read More
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Elon Musk Launches Neuralink to Develop Brain-Enhancing Technology

In Business, Start Up, Video by NewsBeat SocialLeave a Comment

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Published on Mar 30, 2017The Wall Street Journal reported March 27 that billionaire entrepreneur Elon Musk has launched Neuralink Corp, a company designed to develop technology that could connect human brains to computers Category License Standard YouTube License ... Read More
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US stocks waver in early trade Thursday

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Stocks are wavering between small gains and losses in early trading on Wall Street, while the price of crude oil moved higher. Energy stocks gained early Thursday. Murphy Oil rose 1.7 percent. High-end athletic apparel maker Lululemon plunged 21 percent after releasing a very weak forecast for the quarter. The Standard & Poor’s 500 index slipped a point to 2,359. The Dow Jones industrial average fell 8 points to 20,646. The Nasdaq composite fell 2 points to 5,894. More stocks rose than fell on the New York Stock Exchange. Bond prices fell. The yield on the 10-year Treasury note rose to 2.40 percent. ... Read More
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Asia shares fall on China liquidity fear; Europe edges up

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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo, Thursday, March 30, 2017. Asian stocks are drifting lower on Thursday after a lackluster performance on Wall Street. (AP Photo/Eugene Hoshiko) (Credit: AP) (AP) -- Asian stock markets fell Thursday, led by a slide in Chinese shares on investor concerns about liquidity. European indexes edged higher as concerns waned over Britain's formal request to leave the European Union.... Read More
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NY ranked 12th in financial literacy

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

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Quick. Name the most “financially literate state” in the nation. New York? No. California? Try again. How about Illinois or another state with some of the nation’s biggest cities? Still not there. New York State may be famous as the home of Wall Street and what many see as the financial capital of the world, but it’s not the most financially literate state in the nation – although it’s above average – according to a recent survey. New York State ranked 12th in financial literacy based on a survey by credit score website WalletHub, well above average, but falling short of the top ten. So which stat... Read More
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Stocks open mostly lower Wednesday

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Stocks are opening mostly lower on Wall Street led by declines in utilities and real estate companies. Banks were also lower as bond yields fell. Bank of America fell 0.5 percent. Drugmaker Depomed fell 3 percent after the company replaced its CEO late Tuesday. The Standard & Poor’s 500 index fell 2 points, or 0.17 percent, to 2,358. The Dow Jones industrial average fell 42 points, or 0.2 percent, to 20,656. The Nasdaq composite increased 3 points, or 0.1 percent, to 5,878. More stocks fell than rose on the New York Stock Exchange. Share this: ... Read More