• Sprint's trick to making money: A year of free of service
Sprint's trick to making money: A year of free of service

Prepaid net additions of 35,000 contributed to sequential growth in prepaid service revenue for the first time in six quarters. " Sprint reached an important milestone this quarter by returning to profitability for the first time in three years", CEO Marcelo Claure said in a statement.

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  • HSBC pledges $2bn share buyback as profits rise
HSBC pledges $2bn share buyback as profits rise

HSBC is to buy back $2 billion of its shares after reporting a 5 per cent rise in half-year profits, and said repurchases of its stock could become a regular feature in the future. The payday for shareholders comes after a $1 billion shares buyback in February and $2.5 billion previous year as part of the global bank's drive to prune its sprawlin...

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  • Teavana Shut Down, Victim of Mall Retail Struggles
Teavana Shut Down, Victim of Mall Retail Struggles

Starbucks announced this week it was closing all 379 of its Teavana locations over the coming year. The Seattle Tribune reports the 3,300 affected Teavana employees will be able to apply for positions at Starbucks stores. But US mall culture is fading, partially because more people are foregoing trips to big retail hubs for the convenience ...

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  • Ireland needs to phase out diesel and petrol cars, Government told
Ireland needs to phase out diesel and petrol cars, Government told

The environmental push comes as the United Kingdom plans to invest more than 800 million pounds ($1 billion) in driverless and zero-emission technology and outlined plans to invest 246 million pounds in battery technology research. To date, we have sold 15 cars here in the United Kingdom and 500 across Europe. "While nearly 59,000 new green cars ...

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  • Oil Rises For Third Day As US Stockpiles Expected To Fall Again
Oil Rises For Third Day As US Stockpiles Expected To Fall Again

In fact, the global Brent crude benchmark is down 13.3% and the U.S. West Texas Intermediate is down 14.4% in the year-to-date period as seen in the chart below. Since past year, oil prices witnessed sharp fall due to ongoing global glut has primarily been driven by a rise in U.S. production. Oil futures rallied on the EIA report and then ret...

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  • Audi recalls 850000 diesels for emissions update
Audi recalls 850000 diesels for emissions update

Mercedes-Benz Korea, meanwhile, said Friday that it would offer engine software updates for the diesel vehicles and also cooperate with the related authorities over the inspections. "The action will take place in close consultation with Germany's Federal Motor Transport Authority", Audi said Friday. It goes on to say that the companies made a dec...

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  • Yen weakens following BoJ meeting; aussie gains on healthy job market
Yen weakens following BoJ meeting; aussie gains on healthy job market

Frankfurt time, or 8:30 a.m. Markets were shaken last month by hawkish comments from Draghi which suggested that the bank would steam ahead with interest rate hikes and the reduction of its bond-buying program - schemes used to inject cash into the economy.

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  • Many private student loan debts may be discharged
Many private student loan debts may be discharged

The loans in question here were taken out before 2007, and some other institution would have actually originated the loan. Documents filed with the SEC, for instance, show that the majority-but not all-of the loans owned by National Collegiate were originated by Bank One, Charter One Bank, Bank of America , JPMorgan Chase , GMAC Bank, RBS Citize...

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  • Alfred Angelo Bridal closing stores nationwide, employee confirms
Alfred Angelo Bridal closing stores nationwide, employee confirms

She too has been unable to reach anyone at the store. Store employees chose not to answer our questions; however, customers tells us the employees told them they also found out about the store closures Thursday . "I cried my eyes out", she recalled of finding the ideal dress. She's 64 days out from her wedding and has already paid $820 for a d...

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  • Trump Hotels' payment service breached, guests credit card data stolen
Trump Hotels' payment service breached, guests credit card data stolen

For patrons of the Toronto property, the breach impacted guests who booked between November 18 and November 21, 2016. However the group has stated that Social Security, passport and driver's licence information had not been compromised. Following that attack, Trump Hotel Collection removed the malware that infected its point-of-sale terminals a...

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  • Hawks will not match Knicks' Tim Hardaway Jr. offer sheet
Hawks will not match Knicks' Tim Hardaway Jr. offer sheet

The Rockets have been persistent in their pursuit of Anthony, who is willing to waive his no-trade clause to join Chris Paul and James Harden in Houston, league sources told ESPN . They also withdrew a qualifying offer to Baker, who was a restricted free agent. NY recently fired its president of basketball operations, Phil Jackson, as well.

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  • Mayweather vs. McGregor: Promotional tour to kick off in Los Angeles
Mayweather vs. McGregor: Promotional tour to kick off in Los Angeles

After revealing he will be the co-main event on the August 26 cross-sport spectacle , Davis revealed the Money Man's plan to embarrass the UFC star before dropping him. "It feels great. Just having my home town backing me as well as Floyd Mayweather , to be on this undercard feels wonderful". There are a few things that I want to do, and th...

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  • Tesla , Inc. (TSLA) Harassment Case is Back to Haunt the Company
Tesla , Inc. (TSLA) Harassment Case is Back to Haunt the Company

It added that 25,708 vehicles were produced, and said it's confident Model S and X deliveries will rise in the second half of 2017 relative to the first half provided macro conditions "do not worsen considerably". Tesla shares were down by about 1.5% in premarket trading on Wednesday. Another major recall was related to parking brake, which caus...

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  • Sphinx Mystery: Why Did Egypt Block UN Sanctions Against Daesh's Saudi Branch?
Sphinx Mystery: Why Did Egypt Block UN Sanctions Against Daesh's Saudi Branch?

Host of the meeting, Sameh Shoukry noted that Qatar's response was " not serious " and betrayed Qatar's "failure" to realize the gravity of the situation . Saudi Arabia and its allies announced on 5 June they were severing ties with their Gulf neighbour, sparking the worst diplomatic crisis to hit the region in decades.

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  • FTSE 100 down but Worldpay jumps on bid talk
FTSE 100 down but Worldpay jumps on bid talk

Worldpay has seen its share price soar a huge 28% after announcing potential takeover bids from USA payments company Vantiv and finance giant JPMorgan . A provider of payments processing technology and solutions, Worldpay bills itself as a pioneer in multi-currency processing, card payments and online and contactless payments.

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  • Duterte's martial law gets top court's blessing
Duterte's martial law gets top court's blessing

Nothing surprising with the SC decision. "They are not soldiers, they do not know what is happening on the ground", he said of the judges, threatening to imprison detractors of martial law. Sen. Panfilo Lacson agreed and said there could be no other decision. Aside from this, Panelo said the Chief Executive, as mandated by the Constitution, submi...

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  • Ransomware 'Petya' spotted in Korea for first time
Ransomware 'Petya' spotted in Korea for first time

There have also been reports that multiple US companies have been disrupted by the attack . "A massive ransomware campaign is now unfolding worldwide", said Romanian cybersecurity company Bitdefender, where analyst Bogdan Botezatu said that it appeared to be almost identical to GoldenEye , one of a family of hostage- taking programs that has ...

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  • New 296bhp petrol engine introduced across Jaguar range
New 296bhp petrol engine introduced across Jaguar range

The XF saloon will sprint from 0-62mph in 5.6 seconds, while that time is reduced to 5.5 seconds in the XE sports saloon. Jaguar touts the efficiency of the new engine and gearbox combo, too. Built at Jaguar Land Rover's Engine Manufacturing Centre in Wolverhampton, the new engine includes twin-scroll turbochargers with friction-reducing ceramic ...

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  • Bankrupt Air-Bag Maker Takata Means to Keep Limping Along
Bankrupt Air-Bag Maker Takata Means to Keep Limping Along

Takata will use part of the sale proceeds to reimburse the automakers, but experts say the companies still must fund a significant portion of the recalls themselves. Its global headquarters and US technical center is in Sterling Heights, Michigan. "Takata has deep management talent, a dedicated work force and a long history of exceptional cust...

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  • Judge blocks deportation of Chaldeans and other Iraqis
Judge blocks deportation of Chaldeans and other Iraqis

Goldsmith. Goldsmith said "the Court is unsure whether it has subject-matter jurisdiction". The news service says the MI roundup was part of a broader sweep in which immigration authorities detained close to 200 Iraqi immigrants across the country.

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  • Intu Properties PLC (INTU) Receives Sell Rating from Liberum Capital
Intu Properties PLC (INTU) Receives Sell Rating from Liberum Capital

Southern Co (NYSE:SO) has risen 2.49% since June 22, 2016 and is uptrending. Among 6 analysts covering Liontrust Asset Management PLC ( LON:LIO ), 4 have Buy rating, 0 Sell and 2 Hold. Investors sentiment decreased to 1.06 in Q4 2016. Its down 0.68, from 1.1 in 2016Q3. It worsened, as 25 investors sold Smith & Nephew plc shares while 40 reduced h...

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  • Jared Kushner finally speaks, and the internet can't stop talking about it
Jared Kushner finally speaks, and the internet can't stop talking about it

White House senior adviser Jared Kushner welcomes technology company leaders to a summit of the American Technology Council at the Eisenhower Executive Office Building in Washington, U.S. Others attending include Alphabet Inc Executive Chairman Eric Schmidt, venture capital firm Kleiner Perkins Chairman John Doerr and the CEOs of Microsoft C...

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  • Big Banks Clear First Phase of Federal Reserve Stress Tests
Big Banks Clear First Phase of Federal Reserve Stress Tests

Even after being pounded by a severe economic downturn, banks collectively had a 9.2% capital buffer, staying well above the Fed's minimum of 4.5%. The tests' hypothetical "severely adverse" scenario showed $100 billion in projected losses from credit card loans for the banks.

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  • As Tillerson Calls for Calm, Trump Calls Out Qatar on Terror
As Tillerson Calls for Calm, Trump Calls Out Qatar on Terror

Four Arab nations - Saudi Arabia, Egypt, the United Arab Emirates (UAE) and Bahrain - had cut ties with Qatar accusing it of support for Islamist militants and Iran, and reopening a festering wound two weeks after US President Donald Trump's demand for Muslim states to fight terrorism , according to reports .

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  • Quotes, reaction to Freeland foreign policy speech
Quotes, reaction to Freeland foreign policy speech

Freeland spent a great deal of her speech discussing Canada's relationship with the United States and criticized the Trump administration's attitude toward free trade, which she called part of an "international system based on rules" because "rising trade barriers hurt the people they were meant to help".

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  • $3.8 billion Dakota Access oil pipeline begins service
$3.8 billion Dakota Access oil pipeline begins service

The pipeline crosses a number of bodies of water, including the Missouri River, which is the main drinking water source for the Standing Rock Sioux Tribe. The pipeline has leaked at least three times since March. The meeting came one day before the DAPL is expected to begin moving oil from North Dakota into South Dakota, Iowa and ultimately ...

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  • Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat
Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat

On the other hand, India, the third largest consumer of oil , is contemplating importing oil from USA and Canada if OPEC countries continue the output cut. European stocks are mixed in mid-day trading Friday following disappointment that Thursday's OPEC meeting failed to produce bigger supply cuts. But the extension had been widely expecte...

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  • US job growth slows; unemployment rate drops to 4.3 percent
US job growth slows; unemployment rate drops to 4.3 percent

That was a lot less than 180,000 expected and April's 174,000, a number that was revised down from 211,000 originally reported. " Job growth in May was soft and there were downward revisions to job growth in March and April as well", said PNC economists Gus Faucher and Stuart Hoffman.

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  • China will continue with climate pact even if United States pulls out
China will continue with climate pact even if United States pulls out

EDT (1900 GMT) on Thursday in the White House Rose Garden, ending his tweet with "MAKE AMERICA GREAT AGAIN!" New Mexico's congressional Democrats staunchly oppose a US exit from the global climate change mitigation strategy, while the delegation's only Republican has said he opposed the USA joining the pact in the first place.

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  • Moody's downgrades China's credit rating citing concerns over its growing debt
Moody's downgrades China's credit rating citing concerns over its growing debt

In a statement today, 24 May 2017, Moody's said it downgraded China's rating to A1 from Aa3, while changing its outlook to stable from negative. Looking ahead, Moody's expects China's growth potential to decline to close to 5 per cent over the next five years, for three reasons.

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  • For the first time ever, a lot of people are watching MSNBC
For the first time ever, a lot of people are watching MSNBC

CNN and MSNBC have been competing with their coverage of President Donald Trump's recent controversies, including the investigation into alleged collusion between Trump's campaign and Russian officials. Fox News Channel , the television presenters' former employer, has lost its grip as America's most-watched cable-news channel. CNN has ranked...

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  • Sensex, Nifty hit record high as June F&O opens strong
Sensex, Nifty hit record high as June F&O opens strong

At 12.19 p.m, the Sensex was trading up 212.89 points or 0.69% at 30,962.92 with 19 components gaining. The 30-share index flared up by 288.58 points to hit 31,038.61 at 1435 hrs. Brokers said market sentiment improved largely in tandem with a firming trend at other Asian bourses, tracking overnight gains at Wall Street as minutes from the Fede...

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  • Unrelated Supreme Court Decision Deals a Blow to Patent Trolls
Unrelated Supreme Court Decision Deals a Blow to Patent Trolls

In a decision that upends 27 years of law governing patent infringement cases, the justices sided with beverage flavoring company TC Heartland LLC in its legal battle with food and beverage company Kraft Heinz Co. Other organizations - including the Software & Information Industry Association (SIIA), Internet Association, Hispanic Leadership ...

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  • Reema Lagoo was talent house: Shubhangi
Reema Lagoo was talent house: Shubhangi

It is during the shooting of one of the most powerful scenes, where she tells her son to take out her "mangalsutra" and give it to his father, that I discovered the depth she possessed as an actor which was not really utilised by our film industry.

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  • Israel reportedly provided intel. Trump disclosed to Russians
Israel reportedly provided intel. Trump disclosed to Russians

The Trump administration official who said the Western Wall is not part of Israel was David Berns , the political counselor at the U.S. Consulate in Jerusalem , according to an Israeli television news report . Trump is reportedly planning to visit the Western Wall in Jerusalem's Old City. "It would advance it by fixing a historic wrong a...

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