• U.S. charges Chinese tech giant Huawei, top executive
U.S. charges Chinese tech giant Huawei, top executive

The charges allege, among other things, that the company misrepresented its ownership of a Hong Kong-based subsidiary to circumvent American sanctions against Iran, and stole telecommunications technology, trade secrets and equipment from US cell provider T-Mobile USA.

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  • Hundreds missing after dam collapse covers Brumadinho, Brazil, in mud
Hundreds missing after dam collapse covers Brumadinho, Brazil, in mud

Firefighters in Brazil are searching for about 200 people missing after a dam at an iron ore mine burst. A story by the BBC Friday evening quoted the mayor of Brumadinho as saying seven bodies have been recovered so far, and at least 50 people have been killed.

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  • US, UK say Venezuela's Maduro 'illegitimate', Russian Federation and Turkey express support
US, UK say Venezuela's Maduro 'illegitimate', Russian Federation and Turkey express support

There's an ongoing political crisis in Venezuela , where lots of people have been involved in violent protests. Police fired tear gas to disperse protesters in several areas, after a rally on Tuesday evening left a reported four people dead.

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  • FAA: Increase in sick leave causing flight delays at major airports
FAA: Increase in sick leave causing flight delays at major airports

LaGuardia Airport in New York City, Philadelphia International Airport, and Newark Liberty Airport in New Jersey, are all operating with delays, according to the FAA's status website . Travelers endured widespread flight delays in the Northeast as federal officials grappled with a shortage of air traffic controllers, who missed paychecks Friday be...

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  • Southfield family kicked off Detroit flight because of body odor
Southfield family kicked off Detroit flight because of body odor

Yehuda Adler is back from Miami with his wife and baby girl after a trip that took a freakish turn when they boarded their plane on Wednesday. "Because we just got kicked off a plane for smelling'". Passenger Yossi Adler confronted an American Airlines employee in a cellphone video after he and his family were removed for their alleged body o...

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  • Ghosn gone: Executive leaves Renault
Ghosn gone: Executive leaves Renault

Carlos Ghosn , the disgraced ex-CEO of Nissan who was arrested in Japan late previous year on charges relating to salary fraud, has finally resigned his remaining positions. Those rules specify that Renault's CEO is also the head of the Amsterdam-based venture that manages the alliance, Le Maire has said. Nissan owns a 15% non-voting stake ...

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  • The World's Least Affordable Housing Market Is …
The World's Least Affordable Housing Market Is …

A "severely unaffordable" median multiple is 5.1 or higher. These Australian markets remained unaffordable despite the house price reductions and relative price stagnation felt a year ago. These include Pittsburgh and Rochester, which topped the list, as well as Oklahoma, Buffalo, Cincinnati, Cleveland, St. Louis, Indianapolis, and Detroit.

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  • Brexit backer James Dyson ditches Britain for Singapore with HQ move
Brexit backer James Dyson ditches Britain for Singapore with HQ move

The corporate tax rate in Singapore is 17%, compared with 19% in the UK. What is really concerning are the hundreds of similar decisions going through board rooms right now to deal with a #NoDeal . Best known for making vacuum cleaners and heating and cooling devices, Dyson is increasingly looking to move into producing electric vehicles . "An i...

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  • China Doesn't Want US Extraditing Huawei Exec in Canada
China Doesn't Want US Extraditing Huawei Exec in Canada

The letter represented the latest effort to increase global pressure over the detentions, which came days after Canada arrested Huawei Technologies Co . Business Insider was unable to contact the department due to the U.S. government shutdown. The US and its allies are seeking to expel Chinese telecom giant Huawei and its advanced 5G equipment f...

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  • Chinas economy grew at slowest pace in 28 years in 2018
Chinas economy grew at slowest pace in 28 years in 2018

China's economy grew 6.6% in 2018, its slowest pace in nearly 30 years. The figures suggest that China may no longer be able to help shore up weakening global growth , as it has in the past. Retail sales increased by nine percent in 2018 year-on-year, down from 10.2 percent in 2017, the NBS said. The number of children born in the year was the...

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  • Inflation rate picks up to 2% in December
Inflation rate picks up to 2% in December

Alberta saw a 2.1 per cent year-over-year hike in December, following a 1.7 per cent increase in November as well. Overall, 2018 saw inflation finish above the central bank's target for the first time in seven years - averaging 2.3 per cent last year from 1.6 per cent in 2017.

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  • Mexico Pipeline Blast Death Toll Climbs to 66
Mexico Pipeline Blast Death Toll Climbs to 66

Fuel theft gangs have hit back, winning the loyalty of impoverished neighbourhoods with the promise of free gasoline and getting local residents to act as lookouts and confront military patrols. Hidalgo state police said the leak was first reported at about 5pm local time. Earlier this month, Mexico's new president, Andrés Manuel López Obrador, c...

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  • Oil jumps 3 pct on OPEC plan details, US-China trade hopes
Oil jumps 3 pct on OPEC plan details, US-China trade hopes

American crude output is poised to expand by 1.1 million barrels a day this year, according to the IEA, which sees the US exceeding the Saudis' maximum level within the next six months. USA crude production has soared in recent months, rising by more than 2 million barrels per day (bpd) to 11.9 million barrels per day. The OPEC news is potentia...

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  • Man jumps from Royal Caribbean ship, gets banned for life
Man jumps from Royal Caribbean ship, gets banned for life

He told King5: 'I never thought it was going to go this far. I jumped from the 11th floor and the height must have been well over 100ft. "When I woke up I just made a decision to jump", he responded to a user on Instagram . I did not think this through before I jumped. He said he didn't know the water he jumped in to is usually shark infested. ...

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  • U.S. report says rapidly modernizing Chinese military has set sights on Taiwan
U.S. report says rapidly modernizing Chinese military has set sights on Taiwan

The drills follow intelligence from the United States over China's growing military might, with concern growing that Taiwan may become a target. In mid-2016, China allocated United States dollars 600 billion as part of a three-year plan (2016-2018) to continue improving its transportation network and passed the Defence Transportation Law (DTL) au...

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  • Huawei faces USA criminal investigation for stealing T-Mobile technology
Huawei faces USA criminal investigation for stealing T-Mobile technology

Citing people familiar with the matter, the Journal said that one area of investigation is the technology behind a device that T-Mobile U.S. Inc. used for testing smartphones . The two companies were specifically mentioned because they were anxious that Huawei and ZTE's network switches were used to monitor the United States.

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  • Cadillac debuts first brand EV at Detroit Auto Show
Cadillac debuts first brand EV at Detroit Auto Show

The EV's name and specific details regarding its powertrain and range will be revealed closer to an also yet-unspecified launch window. Cadillac's EV will be offered in both two- and all-wheel drive configurations globally and will use a rather unique battery architecture.

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  • Fed chair Jerome Powell to speak on market concerns Thursday
Fed chair Jerome Powell to speak on market concerns Thursday

However, Fed had lowered the growth forecast of the U.S. economy to 2.3 percent during the latest rate hike in December. At the same time, Fed officials don't want to give the impression they think the US economy is vulnerable. "There is no pre-set path for rates. particularly now", he said. While most previous shutdowns have been fairly short ...

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  • Rally held in downtown Calgary in support of B.C. pipeline protesters
Rally held in downtown Calgary in support of B.C. pipeline protesters

RCMP's E Division said officers spoke with representatives from the camp about removing the obstruction set up along the service road. RCMP say those arrested are still being processed. "There will be no reconciliation in Canada unless and until there is a real nation to nation relationship where Canada respects our sovereign jurisdiction and ret...

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  • Briefing: Apple cuts sales forecast following weakened China sales 1 min read
Briefing: Apple cuts sales forecast following weakened China sales 1 min read

Apple ended Wednesday's session with a share price of $157.92, which was already a 30% decline from an all-time high of $227.63 on August 27. Cook said there were some bright spots for Apple in some parts of the world and that the company expects "all-time revenue records in several developed countries, including the United States, Canada,...

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  • Governor calls off planned shutdown of NYC subway line
Governor calls off planned shutdown of NYC subway line

Many L train riders were elated to learn the news Thursday. "It didn't feel very secure at all", she said. "I was thinking how much money I was going to have to spend on Ubers". "So long as this new strategy proves to be real, the mayor thinks this is great news for L-train riders", a spokesman for Mayor Bill de Blasio said.

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  • Oil prices rise, but set for first annual decline since 2015
Oil prices rise, but set for first annual decline since 2015

Prices for global oil benchmark, London-traded Brent crude futures were trading in the mid-$80's range in early October, while US oil benchmark, NYMEX-traded West Texas Intermediate (WTI) crude futures were hovering in the mid $70's-range, a comfortable price point for USA shale oil producers, and around $25per barrel above the average oil produc...

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  • Sears to close Fairview Heights location
Sears to close Fairview Heights location

The newest closings list is in addition to 182 stores already slated for closure. Lansing's Sears has dodged another round of closings. The Kmart in Apple Valley is amongst 80 locations owned by Sears Holdings that will close its doors forever as the company continues to teeter on the brink of liquidation.

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  • China Says Trade Talks With US Planned For January
China Says Trade Talks With US Planned For January

Background: The United States and China have not held high-level talks to resolve their ongoing disputes on trade since U.S. President Donald Trump and Chinese President Xi Jinping met over dinner at the G-20 Summit in Argentina on December 1.

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  • ‘Aliens’ descend on New York City as freakish power explosion confuses onlookers
‘Aliens’ descend on New York City as freakish power explosion confuses onlookers

Residents in Astoria and Queens said the explosion was so bright, it was nearly as if it were daytime. "No injuries, no fire, no evidence of extraterrestrial activity", the New York Police Department tweeted , adding later that the explosion was not suspicious.

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  • Here Are Three Crazy Market Statistics on a Wild Day of Trading
Here Are Three Crazy Market Statistics on a Wild Day of Trading

The Dow Jones Industrial Average. DJI was up 196.31 points, or 0.90 percent, at 21,988.51 and the Nasdaq Composite.IXICwas up 98.42 points, or 1.59 percent, at 6,291.34. ON THE BRINK: Wednesday's gains provide the S&P 500 some breathing room after finishing the shortened trading session Monday just shy of a 20-percent drop from its peak three mo...

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  • Apple got Boycotted by Chinese Companies after Huawei Fallout
Apple got Boycotted by Chinese Companies after Huawei Fallout

Moreover, some companies are reportedly going a step further by threatening employees with consequences like withholding bonuses, or even termination if they don't boycott Apple products . Similarly, another device maker Shenzhen Yidaheng Technology said that it will compensate as much as 18% of the Huawei or ZTE device cost. The executive...

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  • Wall Street, Asian markets see dramatic rebound
Wall Street, Asian markets see dramatic rebound

Consumer shares paced the rally, with Amazon jumping 9.5 per cent after reporting record holiday sales. Facebook and Netflix also climbed more than 8 percent. Trump has since tried to walk back his criticism of the Fed, telling reporters at the White House on Tuesday that while the Fed was "raising interest rates too fast" he still had confiden...

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  • Dow Climbs 1,050 Points in Largest-Ever Rally While Bitcoin Slumps — Newsflash
Dow Climbs 1,050 Points in Largest-Ever Rally While Bitcoin Slumps — Newsflash

Both indices had their best day since August 2011. Investors have been anxious for months about the potential impact of the US-China trade conflict on the broader economy, which poses risks to the world's two biggest economies, which are highly interdependent.

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  • Restaurants Open on Christmas Day 2018
Restaurants Open on Christmas Day 2018

Good news everyone. Dunkin' is open on Christmas Day . Some locations will have reduced hours of 8 a.m.to 6 p.m. In Hunt Valley on Christmas Eve morning, shoppers shuffled, bags bustled, and procrastinators checked off their lists. Rite Aid: Most Rite Aid stores that are normally 24-hours will have those regular hours on the holiday. Those ...

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