• IPhone 8 among older Apple handsets banned from sale in Germany
IPhone 8 among older Apple handsets banned from sale in Germany

Apple said that pending its appeal, the sale of iPhone 7 and 8 models will be halted at the 15 Apple stores in Germany. Qualcomm will have to pay a $765 million bond in order for the ruling to go into effect. The U.S. Federal Trade Commission has also sued Qualcomm over its business practices in a case set to go to trial in California next ...

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  • How major USA stock indexes fared Tuesday
How major USA stock indexes fared Tuesday

U.S. stocks held near a 14-month low on a volatile day that saw the benchmark gauge swing nearly 2 percent from trough to peak. Afterhours trading in the largest exchange-traded fund that tracks the S&P 500 fell 0.5 percent. The Nasdaq is down 119.48 points, or 1.7 per cent. The U.S. and China held vice-minister level trade talks by phone on We...

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  • Repeated drone sightings halt flights at Gatwick Airport
Repeated drone sightings halt flights at Gatwick Airport

Flights at London's Gatwick airport remained suspended early on Thursday, 5 hours after the UK'S second-busiest airport halted them to investigate reports of 2 drones flying over its airfield, inconveniencing passengers days before the Christmas holiday period.

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  • Alexa Turned Santa For This Parrot but a 'Hooman' Gift-Blocked it
Alexa Turned Santa For This Parrot but a 'Hooman' Gift-Blocked it

Rocco the African grey rescue parrot has found his soulmate, and her name is Alexa . Before his accidental online shopping habit, Rocco the African Gray parrot was put up for adoption by the National Animal WelfaTrust sanctuary because it feared his swearing would scare visitors, the Daily Mail reported on December 14.

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  • Voice for Ottawa: Washington demands Beijing to release 2 detained Canadians
Voice for Ottawa: Washington demands Beijing to release 2 detained Canadians

But 7,000 miles away, the relationship between China and North America would be tested, when Canadian police arrested a woman named Meng Wanzhou. The case has set off a three-way diplomatic spat in which Canada is stuck in the middle. Freeland said Friday's discussions focused on upholding the rule of law, and ensuring Meng's right to due process...

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  • Virgin Galactic Reaches Space
Virgin Galactic Reaches Space

A rocket ship set to launch from California's Mojave Desert could herald a giant step toward the long-awaited dream of space tourism for Virgin Galactic. The 80-kilometer space boundary is used by the U.S. Air Force and other U.S. agencies. Virgin Galactic reaches space for the first time during its 4th powered flight from Mojave, Calif.

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  • China, U.S. discuss next stage of trade talks
China, U.S. discuss next stage of trade talks

China has repeatedly denied the USA allegations that it systematically misappropriated US intellectual property through policies that effectively coerce US firms to transfer technology to Chinese joint venture partners, through outright theft by cyber and other means and state acquisitions of US firms.

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  • Thune: Farm bill will allow farmers more flexibility
Thune: Farm bill will allow farmers more flexibility

The compromise also increases acreage in the Conservation Reserve Program and includes an act sponsored by Sen. "I've worked on a lot of other stuff - tax bills, trade, transportation, highways, railroads, safety issues, things like that", Thune said, "but when it comes to our state's No.

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  • Traders Continue to Assess Impact of Production Cuts Amid Other Uncertainties
Traders Continue to Assess Impact of Production Cuts Amid Other Uncertainties

OPEC Joint Technical Committee was created on January 22, 2017 to monitor the implementation of countries' commitment to cut oil production . Futures rose above $52 a barrel in NY. Organisation of the Petroleum Exporting Countries (OPEC) and its allies, on December 7, chose to curtail oil production by 1.2 million barrels per day for a period o...

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  • The price of oil soared to insane heights: what's going on
The price of oil soared to insane heights: what's going on

The group agreed in November 2016 to cut oil production by 1.8 mbpd to rid oversupply in the market and raise oil prices, and extended that until the end of 2018. "The U.S., by virtue of the fact that we consume oil, is subject to global price fluctuations, supply disruptions, and the geopolitics related to oil supply and oil-producing countrie...

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  • China says Canada's detention of Huawei exec 'vile in nature'
China says Canada's detention of Huawei exec 'vile in nature'

Freeland told reporters on Friday that relationship with China is important and valued, and Canada's ambassador in Beijing has assured Chinese that consular access will be provided to Meng. While he was prime minister, Harper said his government was increasingly concerned "about the penetration of Huawei and ZTE", another Chinese telecom compan...

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  • Elon Musk Estimates Tesla’s $35,000 Model 3 Will Arrive Midyear
Elon Musk Estimates Tesla’s $35,000 Model 3 Will Arrive Midyear

Musk said he would not be interested. In addition, Musk talked about why he open-sourced Tesla's patents, saying competition in the electric cars industry is good for the environment. Well, because Elon admits that "punctuality is not my strong suit". As part of the settlement with the SEC, he agreed to let Tesla's board oversee communicati...

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  • Uber tailgates Lyft, files IPO
Uber tailgates Lyft, files IPO

Uber has confidentially filed an S-1 document in preparation to hold its long-awaited IPO, according to a report from The Wall Street Journal . What is interesting is that Uber's United States rival - Lyft too filed for an IPO on Thursday.

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  • Marlboro makers places $2.4 billion bet on marijuana
Marlboro makers places $2.4 billion bet on marijuana

However, as part of this subscription agreement Altria will also receive warrants that, if exercised, would increase its ownership interest in Cronos to a whopping 55%. Altria had been assessing market opportunities in the cannabis industry since at least September. That would mean Altria's investment would be in the same league as the $4 ...

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  • Job growth slows in November
Job growth slows in November

Hiring in November was led by health care firms, which added 40,100 jobs, and professional services such as accounting and engineering, which gained 32,000 positions. To identify the cities adding (and losing) the most jobs in 2018, 24/7 Wall st. reviewed monthly metro area employment figures from the Bureau of Labor Statistics .

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  • 'Stalemate': UK government's secret legal advice reveals Brexit fears
'Stalemate': UK government's secret legal advice reveals Brexit fears

MPs have restarted their five-day long debate on Theresa May's Brexit deal in the House of Commons . It would add provisions for the Commons to "approve the Government's proposed approach, including whether or not an extension to the implementation period should be pursued; and parliamentary approval of the commencement of the powers impleme...

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  • China protests arrest of Huawei CFO in Canada, urges release: Embassy
China protests arrest of Huawei CFO in Canada, urges release: Embassy

Both The Global And Mail and South China Morning Post previously reported that Meng had been arrested on suspicion of violating the US's trade sanctions on Iran. News of Meng's arrest provoked an immediate protest from the Chinese embassy in Canada, demanding the US and its neighbor "rectify wrongdoings" and free Meng.

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  • Qatar to pull out of OPEC and focus on natural gas
Qatar to pull out of OPEC and focus on natural gas

Announcing the decision this morning, Saad al-Kaabi, the Qatari energy minister, said: "We don't have great potential [in oil], we are very realistic". Qatar has been an OPEC member since 1961. Crude oil has not been included in the list of products facing import tariffs, but traders said the positive sentiment of the truce was also driving cru...

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  • How cynical should you be about the Trump-Xi deal? Watch commodities
How cynical should you be about the Trump-Xi deal? Watch commodities

In return, China agreed to buy what the White House called a "not yet agreed upon, but very substantial" amount of US products to help narrow America's gaping trade deficit with China. China has hit back with similar tariffs on $110 billion worth of goods made in the United States. Chinese President Xi Jinping and his USA counterpart Donald ...

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  • Things to know about George H.W. Bush funeral services
Things to know about George H.W. Bush funeral services

Bush wrote on Instagram , sharing an image of Sully sleeping in front of the casket. The president had a form of Parkinson's disease, and Sully could open doors, pick up items and summon help. "George H.W. Bush, a patrician New Englander whose presidency soared with the coalition victory over Iraq in Kuwait, but then plummeted in the throes o...

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