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President Trump: Boeing's 787-10 Dreamliner a celebration of American jobs, manufacturing

President Donald Trump called Boeing Co.'s 787-10 "an amazing piece of art ... an amazing piece of work" as the aerospace giant celebrated the debut
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Oil prices steady on OPEC cuts, but record US fuel stocks weigh

The Organization of the Petroleum Exporting Countries (OPEC) and other producers including Russia have agreed to cut output by almost 1.8 million barrels per day...
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Cigna ended its merger agreement with Anthem and said it will seek $14.8 billion after breakup

Cigna ended its merger agreement with Anthem on Tuesday and said it will seek $13 billion in damages from Anthem on top of the $1.85...
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Yellen Sets High Hurdle for Reducing Fed's Massive Bond Holdings

Federal Reserve Chair Janet Yellen set a relatively high hurdle for shrinking the central bank’s balance sheet, leading some analysts to conclude that such a...
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US retail sales rose 0.4% in Jan vs 0.1% increase expected

U.S. retail sales rose more than expected in January as households bought electronics and a range of other goods, pointing to sustained domestic demand that...
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Job openings ticked down slightly

Job openings in the US ticked down slightly in December, according to the Job Openings and Labor Turnover Survey (JOLTS) released on Tuesday. Openings totaled 5.501...
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U.S. Trade Deficit Narrowed in December, Totaled $502.25 Billion in 2016

WASHINGTON—The U.S. trade deficit narrowed in December from the prior month and exceeded a half-trillion dollars for 2016 as a whole, a gap that President...
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Dow briefly jumps 100 points, hits new high; Nasdaq also in record territory

Traders work on the main trading floor of the New York Stock Exchange as the Dow Jones industrial average passes the 20,000 mark shortly after...
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Facebook Revenue Jumps Again, Buoyed by Mobile Advertising

Top-line growth was more than expected; Profit leaps to $3.57 billion Facebook Inc. squeezed nearly 30% more revenue per user in the fourth quarter, pumping its...
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Nokia profit beats views on Alcatel-Lucent boost

Nokia Corp. NOK, +3.28% posted fourth-quarter net profit that beat market expectations Thursday, following synergy gains after the acquisition of Alcatel-Lucent SA. The Finnish telecommunications company...
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Deutsche Boerse chief executive in insider trading probe

German prosecutors are investigating Deutsche Boerse boss Carsten Kengeter over possible insider trading. Mr Kengeter bought around 4.5m euros (£3.85m) of stock in his own company...
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Mark Zuckerberg says Facebook's $3 billion bet on VR 'won?t be profitable for quite awhile'

Facebook CEO Mark Zuckerberg is convinced that virtual reality will change the world. But for investors waiting for his $3 billion bet on the technology...
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Judge Orders Trump-Owned Golf Resort to Pay Millions

In a highly unusual turn of events for a sitting president, a federal judge in Florida on Wednesday ordered a golf resort owned by President...
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Sony rules out pictures biz sale, committed to turnaround

Sony Corp on Thursday said it does not plan to sell its pictures business after suffering a $1 billion writedown, and instead aims to turn...
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Swiss Fine RBS Unit Coutts Over 1MDB Money-Laundering Breaches

Bank ordered to pay back 6.5 million francs in unlawful profit Finma considering enforcement proceedings against employees Switzerland’s financial regulator fined Coutts & Co. Ltd. for violating...
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Deutsche Bank Falls as Client Jitters Hit Trading in Quarter

Earnings miss estimates as debt, equities trading falls short Cryan says clients have come back since settlement with U.S. Deutsche Bank AG fell the most in four...
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Starbucks CEO Schultz plans to hire 10,000 refugees after Trump ban

Starbucks Corp (SBUX.O) Chief Executive Officer Howard Schultz said on Sunday that the company planned to hire 10,000 refugees over five years in 75 countries,...
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Volkswagen world's largest automaker despite scandal

Volkswagen Group soared past Toyota Motor as the world's largest automaker in 2016, capturing the crown for the first time in a bittersweet accomplishment attributable...
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Warren Buffett?s $2.95 Breakfast

Hold on to your hat, Warren Buffett. Since the presidential election, Wall Street has decided that Berkshire Hathaway is a perfect stock for the Trump...
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VW ex-CEO Martin Winterkorn in fraud probe

FRANKFURT-- Volkswagen AG's former chief executive, Martin Winterkorn, is under investigation on suspicion of fraud in connection with the company's diesel-emissions scandal, German prosecutors said...
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Surge in media mergers is expected under Trump's pro-business agenda

Buckle up: Media companies are preparing for some whirlwind courtships in what’s expected to be the biggest merger bonanza in years. The latest corporate maneuvering has...
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Venezuelan authorities arrest 4 bitcoin miners

Venezuelan authorities have arrested four people allegedly involved with a cryptocurrency-mining operation based in a small city about an hour and a half’s drive from...
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Shell wins court ruling on Nigerian pollution claims

ONDON (AP) — Royal Dutch Shell has won a victory before London’s High Court in a case brought by Nigerian farmers and fishermen who claimed...
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Alibaba's Ant Financial buys MoneyGram for $880m

Ant Financial, the digital payments arm of e-commerce giant Alibaba, is buying US-based MoneyGram for $880m (£700m). MoneyGram has about 350,000 outlets in nearly 200 countries....
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Why Toshiba Is So Desperate to Sell a Chunk of Its Chip Business

Toshiba said it will sell a minority stake in its memory chip business as it urgently seeks funds to offset an imminent multi-billion dollar writedown,...
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Johnson & Johnson to buy Actelion in $30 bln deal

Johnson & Johnson has agreed to acquire Actelion Pharmaceuticals Ltd., Europe's biggest biotech company, for $30 billion, bolstering the U.S. pharmaceutical giant's portfolio of rare-disease...
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Comcast profit tops expectations, lifts dividend

Comcast Corp. reported better-than-expected financial results and added cable TV customers in the fourth quarter, culminating a strong year in which it added net video...
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Facebook appoints Xiaomi exec Hugo Barra to head VR business

 Facebook has appointed Xiaomi executive Hugo Barra to lead its virtual reality initiatives, including the Oculus VR business that was acquired in 2014. The appointment was...
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Oil edges down as traders weigh US stock build, OPEC cuts

NEW YORK: Oil prices ended less than 1 percent lower on Wednesday after data showed a build in US crude inventories, reinforcing the view that...
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Telcos' free offers to hit lenders, govt tax: Airtel

NEW DELHI: In a veiled attack on newcomer Reliance Jio, telecom major Bharti AirtelBSE -1.52 % today said free offers by telcos would hit all...
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Trump to advance Keystone, Dakota Access pipelines

President Trump will sign orders Tuesday to advance construction of the controversial Keystone XL and Dakota Access pipelines, The Hill has confirmed. The orders will not...
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Bid for US bitcoin ETF lodged

The race to get a bitcoin exchange-traded fund in front of retail investors heated up on Friday, when a firm run by technology entrepreneur Barry...
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Foxconn considers $7 billion US display factory in cooperation with Apple

The plans have been under discussion since 2014, and could deliver tens of thousands of new jobs Chinese manufacturing giant Foxconn is considering investing $7 billion...
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Dollar slips, shares wobbly after Trump's protectionist address

The dollar slid broadly on Monday after U.S. President Donald Trump struck a protectionist tone in his inauguration speech, undermining optimism over the U.S. economy...
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Apple Sues Qualcomm For $1 Billion, Alleging Extortion

Just days after the United States Federal Trade Commission sued Qualcomm for antitrust violations, Apple is joining in. On Friday, Apple said it was suing the...
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An $11 billion hedge fund is betting President Trump will cause violent stock market movements

 BOSTON, Jan 20 (Reuters) - U.S. President Donald Trump's policies could lead to more violent stock market movements, something prominent hedge fund manager Lee Ainslie...
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TRUMP'S ENERGY PLAN: 'We must take advantage of the estimated $50 trillion in untapped shale, oil, and natural gas reserves'

 Shortly after the inauguration of President Donald Trump, the White House posted the administration's "America First Energy Plan" on its website. While the plan lacks specifics...
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About 700 Microsoft employees will be laid off next week, sources say

Microsoft is expected to conduct another round of layoffs next week when the company reports its quarterly earnings on January 26. About 700 jobs are...
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Alibaba?s Ma Wants to Avoid U.S.-China Trade War at all Costs

Billionaire chairman wants to give President-elect more time Consequences would be so grave that he’d sacrifice his company Alibaba Group Holding Ltd. Chairman Jack Ma said that...
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Credit Agricole exits government bond dealer roles in Austria, Ireland

LONDON, Jan 13 (Reuters) - Credit Agricole's investment banking arm said on Friday it had decided to cease acting as a primary dealer in government...
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Autos power European stocks, Britain's FTSE sets new high

LONDON, Jan 13 (Reuters) - European shares rose on Monday, led higher by automobile stocks, with Britain's benchmark equity index setting a new all-time high...
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UK car sales at record high in 2016

The number of new cars sold in the UK hit an all-time high in 2016. The Society of Motor Manufacturers and Traders (SMMT), said 2.69 million...
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Apple pulls New York Times app from China app store

Apple has withdrawn the New York Times from its China App Store, following a request from Chinese authorities. The paper said the move was aimed at...
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TSB cuts its interest rate ? move excess money now so you don't lose out

High street bank TSB has today slashed the headline interest rate that it pays on its Classic Plus current account from 5% to 3%. The cut,...
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London lawyers' salaries highlight massive pay gaps in the UK

London might still be the best place in the UK to practice as a lawyer, as new research reveals high salaries and large annual pay...
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Donald Trump credits impending administration for return of 8,000 jobs from Sprint

PALM BEACH, Fla. -- After weeks of giving only brief comments to the media, Donald Trump made a series of public statements Wednesday, applauding the...
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Bitcoin Prices Are Surging Again Amid Global Uncertainty

Digital currency is at its highest level in three years. Recent predictions that the value of Bitcoin would skyrocket as Donald Trump takes over the presidency...
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Controversial Russian Ponzi scheme MMM quietly sets up in Ghana after failing in other countries Report

A 27-year old Russian Ponzi scheme called Marvodi Mondial Movement (MMM) that has caused distress in some African countries has set up in Ghana, a...
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The Fed raised interest rates this week ? Here's what you need to know

Even with Wednesday’s 0.25 percent hike, the Federal Reserve’s benchmark federal funds interest rate remains at near-record lows. But with more rate hikes promised for 2017...
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Trump rally resumes after Fed raises rates; Dow up 100 points as financials lead

U.S. stocks rose on Thursday as a post-election rally resumed, while investors digested a slew of economic data and the Federal Reserve's decision to raise...
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