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Theresa May faces no-confidence vote after Brexit defeat

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Had the DUP back the no confidence measure put forward by Corbyn and the other political parties at Westminster, May could have lost by just one vote. "Child poverty has risen by over half a million since 2010 and there are now four million working people living in poverty", she said. Corbyn, a long-time Eurosceptic, has also been reticent; he prefers a general election in the hopes of becoming prime minister and negotiating a "better" deal. Read More »

Syracuse airport head stepping down, says government shutdown not impacting Hancock

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Callahan said there are now no operational impacts to Hancock airport because of the federal government shutdown , despite reports of longer lines and security screeners calling out of work at airports across the country. On Friday, 5.6 per cent of the administration's 51,000 workers did not show up for work, compared with 3.3 per cent who took unscheduled absences on January 13, 2018. Read More »

Trump buys burgers and pizza for Clemson's White House visit

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Democrats summarily rejected invitations for the lunch, the White House said. Men in bow ties light golden candelabras while the president of the United States stands behind a table containing small mountains of food on silver trays. JPMorgan's Jamie Dimon told reporters Tuesday that he expects USA economic growth to slow to nothing this quarter if the government shutdown continues. Read More »

Crunch time for Brexit as lawmakers prepare to vote

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His party has also threatened a confidence vote in her government. Mr Corbyn's party is already putting itself on an election footing, with a party political broadcast on the theme of uniting the country set to be released on Wednesday . Read More »

China '18 trade surplus with United States at record $323B

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Soybean imports a year ago fell 7.9 percent to 88.03 million tonnes, customs said. Net exports had already been a drag on China's economic growth in the first three quarters of past year, after giving it a boost in 2017. Crude oil imports for the full 2018 averaged 9.24 million bpd, up by a little over 10 percent on an annual basis, or 846,600 bpd more than the average daily import rate for 2017. Read More »

Turkey determined to continue fight against Kurdish units despite Trump’s threats

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Trump threatened Turkey on Sunday with harsh economic sanctions if it attacks Kurdish forces in Syria after United States troops withdraw from the country in the coming months. In that context, Mr Trump "assumes that the incentives and disincentives he has at his disposal will discourage Mr Erdogan from taking unilateral action [against Syrian Kurdish militants] that could jeopardize Washington's Syrian Kurdish partners" Mr Erdemir said. Read More »

Apple to release three new iPhones amid struggling sales

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The discounting, as steep as $118 for the recently launched 64GB iPhone XR , is the latest sign that Apple's weak holiday sales in China may have extended to the current quarter. WSJ does state that Apple is too deep into the product planning for this year's phones, so the company isn't changing major features like the display on the iPhone XR yet. Read More »

Apple makes shock sales warning as US-China trade war hits

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According to Cook, all of those factors (plus some others) resulted in fewer iPhone upgrades than expected . Apple's problems in China may continue deep into 2019. Cook also said in the letter that fewer carrier subsidies, price increases based on the strength of the US dollar and cheaper battery replacements caused the weak iPhone upgrades for the quarter. Read More »

Does Ocasio-Cortez think Trump is a racist? ‘Yeah. No question.’

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To pay for the deal, Ocasio-Cortez pointed to the progressive tax rate system in the 1960s and proposed the idea of tax rates as high as 70 percent on the super-rich. Democratic congresswoman Alexandria Ocasio-Cortez issued an apology to Donald Trump Jr , the son of the U.S. president, over her own tweet posted on 7 December. Read More »

Shutdown Means IRS Will Collect Your Taxes But Not Pay Refunds

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According to KXAN , the Internal Revenue Service (IRS) will continue to process returns and it will accept payments if you owe money to the government. "Every year the IRS hires temporary workers to help process tax returns", she said. Receiving W-2s and other tax forms will not be impacted by the shutdown. Read More »

"Can't Beat Market Forever": Analyst On Apple's Trillion-Dollar Question

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Stocks tumbled today on Wall Street, with technology companies suffering their worst loss in seven years, after Apple reported that iPhone sales are slipping in China. "This is just another little tea leaf as to the goings on behind the curtain in China and last night's PMI coming out weaker than people thought", said Kevin Caron, a senior portfolio manager at Washington Crossing Advisors. Read More »

Tesla Shares Nose-Dive Despite Record-Breaking Q4 Production Numbers

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But the company's ability to sustain a higher level of production - it built 61,394 Model 3s and 86,555 vehicles total in the last three months - will go a long way toward that goal. It has yet to produce the base Model 3, which it has promised for a price of $35,000 before incentives. Tesla's own internal tracking shows its deliveries were in line with or above estimates, spokesman Dave Arnold told reporters. Read More »

Winning Numbers Drawn For $425 Million Mega Millions Jackpot

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The ticket was sold in Long Island. One lucky victor will start the new year $425 million richer after matching all six numbers in Tuesday's Mega Millions. The jackpot grew after nobody won Friday' drawing. The only other January 1 victor was in Texas in 2008. The jackpot has been rolling over since October, when one ticket worth more than $1.5 billion was sold in SC. Read More »

Jetway collapses at Baltimore-Washington International Airport

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At 7:47 p.m., personnel responded to a passenger requiring medical attention on board an airline flight when the bridge collapsed, Southwest Airlines posted on its website . The six people suffered non-life-threatening injuries, BWI said. The rest of the passengers used the plane's staircase to exit. Despite the drama, she said, "Everybody was pretty calm". Read More »

Computer virus disrupts production of newspapers

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Tribune Publishing said in a statement on Saturday that "the personal data of our subscribers , online users, and advertising clients has not been compromised". The Los Angeles Times reported the attack appears to be in the form of "Ryuk" ransomware , which are "highly targeted, well-resourced and planned", according to an August advisory by the U.S. Read More »

Sears is closing two more Triangle stores

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Lampert submitted the $4.4 billion offer Friday through Transform Holdco, an affiliate of his hedge fund, ESL Investments, just before a 4 p.m. deadline Friday, CNBC first reported . A committee of other creditors, including vendors and landlords, has proposed that Sears instead move forward with plans to shut down the business , closing all the stores and liquidating its inventory and other assets. Read More »

This Fake Amazon Alexa Setup App Was Fooling iOS Users

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Tens of millions of customers took advantage of an Amazon Prime membership by either signing up for a free trial or purchasing a paid membership during the holiday season. But investors will still have to wait for Amazon's fourth-quarter earnings to understand the impact of these sales since the company did not disclose the amount of revenue generated this season. Read More »

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

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Unemployment is at 3.7 percent, the lowest since 1969. The Nasdaq is down 323.90 points, or 4.7 percent. The S&P 500 has averaged a 10.8% rise over the six months following such a washout, with only the minus 2525 reading in October 2008 resulting in a loss, though of only 5.9%. Read More »