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Monthly Archives: January 2018

Trump vows to campaign intensively for Republicans, but may avoid the primaries

Saul Loeb | AFP | Getty Images President Donald Trump speaks about his administration’s National Security Strategy at the Ronald Reagan Building and International Trade Center in Washington, DC, December 18, 2017. President Donald Trump said on Wednesday that he plans to devote much of his time this year to …

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Uber ex-CEO Travis Kalanick will officially be a billionaire Thursday

Mike Windle | Getty Images Uber Ex-CEO Travis Kalanick speaks at a Vanity Fair summit at Yerba Buena Center for the Arts on October 19, 2016 in San Francisco, California. SoftBank will complete its long-awaited investment agreement with Uber Thursday, two sources told CNBC, making SoftBank the company’s largest shareholder …

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Wells Fargo double charges online bill-pay customers, says it’s working to correct the glitch

Spencer Platt | Getty Images People walk by a Wells Fargo bank branch on October 13, 2017 in New York City. Wells Fargo’s banking unit double-charged an unknown number of customers due to a technical error, according to a report by NJ.com. The glitch reportedly affects customers registered to pay …

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Space companies got $3.9 billion in private investment last year

The entrepreneurial space age is well underway. Private investors poured $3.9 billion into commercial space companies last year, a record according to a report from investment firm Space Angels. It said venture capital is pouring into the sector and finding success: Over 120 firms made investments in space last year, …

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US housing starts down sharply on drop in single-family units

David Paul Morris | Bloomberg | Getty Images Workers load wood planks on a house under construction in Livermore, California. U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two …

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Morgan Stanley q4 earnings 2017

Qilai Shen | Bloomberg | Getty Images James Gorman, chief executive officer of Morgan Stanley Morgan Stanley posted fourth-quarter earnings and revenue on Thursday that beat analyst expectations, excluding a charge related to the tax bill, as strong results in wealth management offset a big drop in fixed income trading …

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Trump considers big ‘fine’ over China intellectual property theft

Saul Loeb | AFP | Getty Images US President Donald Trump and Chinese President Xi Jinping at the G20 Summit in Hamburg, Germany, July 8, 2017. Trump said the damages could be high, without elaborating on how the numbers were reached or how the costs would be imposed. “We’re talking …

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Trump says his border wall stance hasn’t ‘evolved,’ and insists Mexico will pay for it

Jorge Duenes | Reuters Prototypes for U.S. President Donald Trump’s border wall with Mexico are shown near completion in this picture taken from the Mexican side of the border, in Tijuana, Mexico, October 23, 2017. President Donald Trump on Thursday defended his proposed wall along the U.S. southern border, saying …

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A380 program rescued as Emirates buys more from Airbus

Airbus HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline and Group (L), and John Leahy, Chief Operating Officer Customers, Airbus Commercial Aircraft. Emirates has announced a deal to buy up to 36 more A380 superjumbo jets from European planemaker Airbus. The Gulf carrier had previously …

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Apple’s latest security flaw is a ‘text bomb’

Sergii Kharchenko | NurPhoto | Getty Images Official iPhone X release in Kyiv, Ukraine on December 12, 2017. A newly discovered security flaw is affecting Apple’s iPhone and Mac computers. Software developer Abraham Masri claimed to have found the bug, called “chaiOS,” and posted it on programming site GitHub on …

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