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Mid-Atlantic factory activity slips into contraction for the first time since May 2016

Paul Taggart | Bloomberg | Getty Images An employee welds a specialized metal product in the shop at the Amuneal Manufacturing plant in Philadelphia, Pennsylvania. U.S. Mid-Atlantic factory activity fell into contraction territory in February for the first time since May 2016, amid trade tension between China and the United …

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‘We would be buyers’ if Nike stock drops on Duke shoe malfunction

Streeter Lecka | Getty Images A detailed view of the shoe worn by Zion Williamson #1 of the Duke Blue Devils against the North Carolina Tar Heels during their game at Cameron Indoor Stadium on February 20, 2019 in Durham, North Carolina. Investors seem to be keeping cool heads over …

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ABC sells out of its 30-second ad spots ahead of the Oscars

Mario Anzuoni | Reuters An Oscar statue is seen during a media preview of this year’s Academy’s Governors Ball in Los Angeles, California, February 15, 2019. Years of declining ratings and a number of public PR snafus hasn’t chased advertisers away from the Academy Awards broadcast. On Wednesday, the Academy …

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Trump sends bizarre ‘6G’ tweet, as China trade talks resume

Al Drago | Bloomberg | Getty Images U.S. President Donald Trump speaks in the Rose Garden at the White House in Washington, D.C., U.S., on Friday, Feb. 15, 2019. President Donald Trump sent a pair of bizarre tweets Thursday morning mentioning a “6G” wireless network and seemingly hinting that he …

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Duke player Zion Williamson injured when Nike shoe blows apart in game

Robert Willett | Tribune News Service | Getty Images Duke’s Zion Williamson (1) falls to the court under North Carolina’s Luke Maye (32), injuring himself and damaging his shoe during the opening moments of the game in the first half on Wednesday, Feb. 20, 2019, at Cameron Indoor Stadium in …

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Apple, Goldman Sachs partner on credit card for the iPhone, WSJ says

Brendan McDermid | Reuters Apple CEO Tim Cook speaks at the Anti-Defamation League’s “Never is Now” summit in New York City, December 3, 2018 Apple is working with Goldman Sachs on a joint credit card that the companies plan to roll out this spring, the Wall Street Journal reported on …

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Deutsche Telekom expects earnings growth to slow in 2019

Marius Becker | AFP | Getty Images Timotheus Hoettges, CEO of German telecommunications giant Deutsche Telekom, arrives for his company’s annual press conference to present the 2015 business report on February 25, 2016 in Bonn, western Germany. Deutsche Telekom forecast that its earnings would continue to grow in 2019 but …

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Huawei takes market share from Apple iPhone, Samsung Galaxy: Gartner

Wang Zhao | AFP | Getty Images A Huawei poster is displayed in a store in Beijing on August 7, 2018. Samsung and Apple are increasingly losing their share of the smartphone market to China’s Huawei, according to new research, with consumers put off by the high price tags attached …

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Pentagon is scrambling as China ‘sells the hell out of’ armed drones to America’s allies

Isaac Brekken | Getty Images A view of the MQ-9 Reaper remotely piloted aircraft in Indian Springs, Nevada on November 17, 2015. As one visitor at Abu Dhabi’s international defense expo, IDEX, put it, “China has been selling the hell out of its drones,” to Gulf militaries like those of …

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Zuckerberg says Facebook has been an ‘innovator in privacy’

Justin Sullivan | Getty Images Mark Zuckerberg, CEO, Facebook Despite the numerous privacy scandals Facebook has faced of late, CEO Mark Zuckerberg calls the company an “innovator in privacy.” In a discussion with Harvard Law Professor Jonathan Zittrain, Zuckerberg said Facebook has been a developer of cutting-edge private communication tools …

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