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Monthly Archives: October 2017

California seeks order to force Trump adminstration to pay subsidies

Ronen Tivony | NurPhoto | Getty Images Xavier Becerra, Attorney General of the State of California The attorney generals of California and New York on Wednesday announced that they and a coalition of states asked a court to force the Trump administration to continue paying Obamacare insures key reimbursements for …

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Electronic Arts shares tumble on Star Wars game delay

Getty Images A man plays Star Wars Battlefront II on opening day of the Electronic Entertainment Expo (E3) at the Los Angeles Convention Center on June 13, 2017 in Los Angeles, California. Electronic Arts shares tumbled Wednesday after the game-maker announced it was postponing the release of a Star Wars …

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2017 chart of the stock market looks ‘eerily similar’ to 87

The S&P 500’s daily price chart this year looks “eerily” like that of 1987, but that’s about the only similarity between the market then and now, one of Wall Street’s longtime market strategists pointed out. “Indeed, when comparing the daily index levels for the S&P 500 in 1987 with the …

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Scalpel, Sponge, Magic Beans: When Doctors Moonlight as Actors

Founded in 1967, the Bard Hall Players produces three shows a year: a classic play in the winter, a contemporary drama in the spring, and a musical in the fall. Every production is put together by the students — from the sets and costumes to the orchestra and lighting. Photo …

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IBM post-earnings shares see biggest jump in 8 years

David A. Grogan | CNBC Ginni Rometty, Chairwoman, President and CEO of IBM, at the World Economic Forum in Davos, Switzerland. IBM saw its biggest stock jump in eight years in early trading Wednesday following an after-the-bell earnings beat on Tuesday. The stock was up 9 percent in morning trading, …

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Trader makes $4 million bet on major pullback for financials

The financials have been on fire, but one trader is making a more than $4 million bet that the run is done. The financials ETF, XLF, has rallied 13 percent this year with 5 percent of those gains in the past month alone. According to Dan Nathan of RiskReversal.com, sentiment …

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Bitcoin plunges nearly 9% on fears of greater oversight from US regulators

Bitcoin tanked Wednesday after indications of greater scrutiny from U.S. regulators. The digital currency fell nearly $500 at one point, or about 8.7 percent to a low of $5,109.70, before regaining some of the lost ground, according to CoinDesk. The day’s low marked the digital currency’s lowest level since Thursday, …

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What to See in New York Art Galleries This Week

Tom Friedman Through Oct. 28. Luhring Augustine, 531 West 24th Street, Manhattan; 212-206-9100, luhringaugustine.com. Tom Friedman’s effortlessly brilliant “Ghosts and UFOs: Projections for Well-Lit Spaces” covers all its formal bases. To put it another way, he uses the show’s eight short animated loops, all of them projected onto the gallery’s …

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Tech companies spend more on lobbying as changes to NAFTA loom

Chris Wattie | Reuters Canada’s Foreign Minister Chrystia Freeland (C) speaks before the start of a trilateral meeting with Mexico’s Economy Minister Ildefonso Guajardo (L) and U.S. Trade Representative Robert Lighthizer during the third round of NAFTA talks involving the United States, Mexico and Canada in Ottawa, Ontario, Canada, September …

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3 killed, 2 wounded at Maryland office park shooting

Google Maps Google Map showing the location of a shooting at Advance Granite Solutions in Harford County, MD on Oct. 18th, 2017. A sheriff’s office in northeastern Maryland says it is on the scene of a shooting at an office park. The Harford County Sheriff Office’s tweets that multiple injuries …

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