• Bill Gates makes some big moves, donating $4.6 billion and joining Instagram
Bill Gates makes some big moves, donating $4.6 billion and joining Instagram

In 1986, when the company went public, Gates held 45 % (pdf) of its shares; in 1996, his stake had almost halved to 24%; and now, with his latest 64-million-share donation, he's down to a mere 1.3%, according to Bloomberg . He further said that Gates has been reducing his stake in Microsoft methodically for years through share sales to fund his f...

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  • Mother Accused In Amber Alert Faces Several Charges
Mother Accused In Amber Alert Faces Several Charges

A trooper smashed a window and both were hospitalized. She is charged with attempted murder, assault and battery on a child and reckless endangerment of a child. "The charges will reflect Rickheit's actions in fleeing with the child, as well as evidence observed and recovered during her capture". According to the AMBER alert , at approximately...

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  • Contaminated egg scandal leads to empty supermarket shelves
Contaminated egg scandal leads to empty supermarket shelves

Belgian and Dutch authorities are investigating how the insecticide came illegally into contact with poultry. It comes after millions of eggs were taken off supermarket shelves on the continent last week, after traces of the insecticide were found on several Dutch farms.

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  • Shkreli Convicted Of Securities Fraud, Blasts
Shkreli Convicted Of Securities Fraud, Blasts "Witch Hunt"

In the case of MSMB Capital Management , for instance, Shkreli claimed to have made returns of 35.77 percent since its inception, when in reality the fund was actually down 18 percent. He was released until sentencing, which has yet to be set. To do this, Shkreli lied about having an "excellent track record" of running similar hedge funds, and f...

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  • Toyota, Mazda plan to invest $1.6 billion to build US Plant
Toyota, Mazda plan to invest $1.6 billion to build US Plant

Toyota said it plans to open the factory with Mazda by 2021, with the location yet to be decided. "A great investment in American manufacturing!", he tweeted . "With the investment", the AP said, "both automakers can hope to prove their good American corporate citizenship and appease the Trump administration's concerns about jobs moving overs...

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  • Experts say Foxconn pledge on United States jobs hard to implement
Experts say Foxconn pledge on United States jobs hard to implement

The average salary for the jobs will be almost $54,000, suggesting some of the higher-end positions will be engineers, software developers and people proficient in computer-assisted design, Still said. The Canadian Broadcast Corporation (CBC) pointed out that Foxconn has made promises to invest in the USA in past that fell through, writing, " F...

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  • Iran Says US Navy Vessel Fired Warning Shots
Iran Says US Navy Vessel Fired Warning Shots

In June, the U.S. military labeled the actions of an Iranian vessel "unsafe and unprofessional " after it trained a laser on a USA helicopter that was accompanying a formation of American ships transiting the global waters of the Strait of Hormuz.

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  • Tesla Model 3 Release Date: Do We Know Delivery Dates Yet?
Tesla Model 3 Release Date: Do We Know Delivery Dates Yet?

Tesla Model 3 is the most important product for Elon Musk not just in the U.S but also globally, a troubled launch in U.S could saturate its pre-bookings in other parts of the world, while a smooth delivery of Model 3 would ensure steady profits which will result in the company not going to capital markets to fund its operations.

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  • FDA considers lowering nicotine in cigarettes below addictive levels
FDA considers lowering nicotine in cigarettes below addictive levels

The agency says the new plan isn't meant to simply snuff out a multi-billion dollar industry, but rather to encourage companies to develop innovative products that prove to be less risky than cigarettes. More than 480,000 deaths occur each year in the US from smoking-related illnesses. "It's hard to overstate what this could mean for the compan...

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  • Twitter Stock Plummets After Reporting ZERO New Users for 2nd Quarter
Twitter Stock Plummets After Reporting ZERO New Users for 2nd Quarter

Second-quarter revenue was $574 million, down 5 percent from a year ago, but beating an analyst expectation of $537 million. Daily active users , toward which management has recently been trying to shift investor attention, were up 12% year over year.

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  • United Kingdom state pension age to rise to 68 sooner than planned - minister
United Kingdom state pension age to rise to 68 sooner than planned - minister

Millions of people will now have to work until they are 68 after David Gauke, the work and pensions secretary, announce the change, which will come from 2037. When the modern State Pension was introduced in 1948, a 65-year-old could expect to spend 13.5 years in receipt of it - 23% of their adult life. The state pension age is now set to increase...

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  • Which one is Kylie Jenner, and which one is her wax figure?
Which one is Kylie Jenner, and which one is her wax figure?

Well, apart from whoever did her waxwork for Madame Tussauds in NY. Nearly too close. Kylie Jenner's wax figure at Madame Tussauds in Hollywood looks just like her. Kylie two is now wearing OG Kylie's sparkling, custom-made Balmain dress that she wore to the Met Gala , where she took the infamous bathroom selfie .

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  • Dallas Cowboys wide receiver Lucky Whitehead reunited with missing dog
Dallas Cowboys wide receiver Lucky Whitehead reunited with missing dog

On a Dallas radio show Monday morning, Whitehead recalled the first cryptic call he answered last week, during which the caller asked him how much his dog meant to him and that he'd have to "cut a check" if he wanted to see Blitz again.

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  • Trump grudgingly admits Obama's Iran nuclear deal is working
Trump grudgingly admits Obama's Iran nuclear deal is working

On Monday , even as they said Iran was complying with the deal, senior administration officials took steps to bash the agreement, pointing out, for instance, that its provisions are not permanent. At the White House news briefing earlier Monday, spokesman Sean Spicer said, "The president, from throughout the campaign until now, has made very cle...

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  • BurgerFi Deal: FREE fries with purchase TODAY
BurgerFi Deal: FREE fries with purchase TODAY

Dairy Queen - Select locations are charging just $1 for a small order of fries. You don't need a coupon to take advantage of this offer. McDonalds: The Golden Arches aren't offering free fries on National French Day, but they are offering free fries on Fridays! You can use anything to make healthy fries at home in the oven from regular potato...

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  • West Indies chase 191 for win in match with India
West Indies chase 191 for win in match with India

Virat Kohli: I did want to better my toss record - I called heads five times and lost every time. The Jason Holder-led side, on the other hand, would aim to replicate the same performance as they had displayed in the last match and try to level the series .

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  • U.S. plans to test THAAD missile defences as North Korea tensions mount
U.S. plans to test THAAD missile defences as North Korea tensions mount

Each of those leaders have spoken out against North Korea's provocations, and Trump has leaned on China in particular to rein in the rogue regime but acknowledged recently that it's not working. While he offered no specifics, he has not ruled out military action. As Radar has reported , North Korean dictator Kim Jong Un fired off an apparent...

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  • Green Day Respond To Backlash Over Continuing Concert Following Death Of Acrobat
Green Day Respond To Backlash Over Continuing Concert Following Death Of Acrobat

An official statement from the organisers' Twitter feed, posted overnight, said: " Mad Cool Festival regrets the awful accident that an aerial dancer has suffered during the second day of the festival". Ignacio Martin said: "Shame on you Mad Cool Festival ". He wrote: "I can't wait to see my handsome boyfriend". His sister confirmed his dea...

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  • Illinois Lawmakers Overturn Governor's Veto On State Budget
Illinois Lawmakers Overturn Governor's Veto On State Budget

Jared Labell, executive director of Taxpayers United of America, compared fixing the state's financial problems, as well as the impact the income tax hike could have, to a game of "Jenga". In fact, both bills penalize insurers and their customers; they do not enact beneficial reforms. House Speaker Michael Madigan, a Chicago Democrat, praised b...

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  • Goldman Sachs Slashes Oil Price Outlook Amid OPEC Turmoil (USO)
Goldman Sachs Slashes Oil Price Outlook Amid OPEC Turmoil (USO)

OPEC and non-OPEC technical committee on production enforcement was said to have examined the scenario including Nigeria and Libya's exempt in the production cuts. Societe Generale SA has also slashed its crude forecasts . The Kingdom has been the U.S.'s foremost oil supplier, among OPEC nations, in 23 of the past 31 years.

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  • Sony Music To Open Vinyl Pressing Plant in Japan
Sony Music To Open Vinyl Pressing Plant in Japan

The move was foreshadowed by the introduction of a cutting lathe to its Tokyo studio several months back, in order to be able to produce master records locally. They should start rolling off the production line by March next year. The company is searching for retired record engineers to advise its new record-making venture, according to Nikkei .

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  • Airline veteran Richard Anderson to head Amtrak
Airline veteran Richard Anderson to head Amtrak

As part of the transition, Anderson and Moorman will serve as co-CEO's through December 31, officials said. In 2018, he expects to remain affiliated with Amtrak as an adviser. "He's creative and thoughtful and will go find the answers to problems". In an interview, Moorman said that being able to attract a leader of Anderson's caliber signals tha...

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  • Google Slapped with $2.7B Fine for EU Antitrust Violation
Google Slapped with $2.7B Fine for EU Antitrust Violation

Officials in the bloc vigorously deny these claims. Last year, Apple was hit with a record €13 billion (£11.3 billion) tax bill after the Commission, led by commissioner Margrethe Vestager, ruled its tax arrangements in Ireland amounted to "state aid".

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  • Romania's Blue Air to buy six aircraft from Boeing
Romania's Blue Air to buy six aircraft from Boeing

Boeing Commercial Airplanes Chief Executive Kevin McAllister this week denied the 737 MAX 10 would have any financing issues. A day after Boeing formally launched the MAX 10, the largest member of the new single-aisle jet family seating up to 230 passengers , it announced a further 153 orders for the airplane.

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  • Fed's Mester unmoved by weak US inflation
Fed's Mester unmoved by weak US inflation

A more important reason for the Fed to raise rates further is the U.S. government's plans to implement accommodation on the fiscal side, in the form of tax cuts and greater budget spending, and normalcy in monetary conditions is a must. "Many future developments could impact this policy path, but the Fed does not need to pre-empt any of them", Bull...

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