Saturday, February 4, 2017

Obama Protects Right To Leave Bad Yelp Reviews, Talk Smack Online and other top stories.

  • Obama Protects Right To Leave Bad Yelp Reviews, Talk Smack Online

    Obama Protects Right To Leave Bad Yelp Reviews, Talk Smack Online
    Rarely is President Obama afforded the chance to both protect American rights and throw a bone into Donald Trump's gilded doghouse. That bone is the Consumer Review Freedom Act, passed last week by Congress, Engadget reports. The law allows consumers protection against backlash by rendering "certain clauses of a form contract void if it prohibits, or restricts, an individual from engaging in a review of a seller's goods, services, or conduct."Basically, you can blast people on Yelp without being..
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  • Israeli Police Arrest Tycoon Suspected of Bribery in Guinea

    Israeli Police Arrest Tycoon Suspected of Bribery in Guinea
    JERUSALEM — Israeli police on Monday arrested billionaire businessman Beny Steinmetz on suspicion of bribing officials in the west African country of Guinea, police said.Steinmetz was detained and placed under house arrest for two weeks, Israeli police spokesman Micky Rosenfeld said. The prominent businessman is suspected of money laundering and bribing public officials in Guinea to promote his business interests there, Rosenfeld said. The arrest was a result of a joint investigation with ag..
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  • Ukraine's largest bank rescued by state, Poroshenko urges depositors to st...

    Ukraine's largest bank rescued by state, Poroshenko urges depositors to st...
    KIEV Ukraine took over its largest bank on Monday in a move backed by Kiev's international donors to protect the country's financial system and accompanied by an appeal from President Petro Poroshenko for calm and assurances to depositors.In one of the biggest shake-ups of the war-torn country's banking system since Ukraine plunged into economic and political turmoil more than two years ago, the central bank said PrivatBank had not fulfilled its recapitalization program.Risky lending practices..
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  • Canada's Fairfax Agrees to Purchase Switzerland's Allied World for $4.9B in Cash

    Canada's Fairfax Agrees to Purchase Switzerland's Allied World for $4.9B in Cash
    Fairfax Financial Holdings Ltd. agreed to buy insurer Allied World Assurance Co. for $4.9 billion in cash and stock in Chief Executive Officer Prem Watsa’s largest purchase. Fairfax will pay $54 per share, which is 18 percent higher than Allied World’s closing price on Friday. For every share, Allied investors will receive about $10 in cash — half from Fairfax and the rest from a pre-closing dividend by Allied — as well as $44 of Fairfax’s stock, according to a statement from the companies. Tor..
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  • 'Trumpflation' trade keeps dollar near 14-year highs

    'Trumpflation' trade keeps dollar near 14-year highs
    LONDON The dollar steadied close to its highest levels in 14 years on Monday, underpinned by expectations that a fiscal expansion planned by U.S. President-elect Donald Trump will boost inflation and lead to a faster pace of interest rates hikes. The greenback surged to its highest since January 2003 against a basket of currencies last week and threatened parity with the euro, after the U.S. Federal Reserve hinted that rates could rise as many as three times next year.But the dollar drifted a ..
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  • Iran Toughens Talk on US Jet Deal

    Iran Toughens Talk on US Jet Deal
    Iranian officials publicly hardened their resolve to proceed with a multibillion-dollar deal to buy dozens of Boeing Co. jets, threatening to claw back any lost money if the deal is scuttled after the inauguration of President-elect Donald Trump. The officials touted the timing of the agreement to buy 80 aircraft with a $16.6 billion list price from Boeing—ahead of the start of Mr. Trump’s administration—as possibly making it more...
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  • German Economy Gets in Festive Mood

    German Economy Gets in Festive Mood
    Europe’s biggest economy appears to have found a higher gear as the year-end approaches. Despite all the shocks of 2016, German businesses could be the source of pleasant economic surprises as 2017 gets under way. Germany’s closely watched Ifo Business Climate Index climbed to 111 in December from 110.4 in November, beating expectations. Moreover, German companies’ assessment of the current situation improved to the best level since February 2012, while expectations remained strong. The Ifo Ins..
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  • Waiting for Dow to Breach 20000 Is Main Focus in Markets

    LONDON — Global stock markets traded in fairly narrow ranges Monday with most investors monitoring whether the Dow Jones industrial average will finally breach the 20,000 mark for the first time after several near-misses.KEEPING SCORE: In Europe, the FTSE 100 index of leading British shares was up 0.1 percent at 7,020 while Germany's DAX was flat at 11,405. The CAC-40 in France was 0.2 percent lower at 4,825. U.S. stocks were poised for a similarly uninspiring open with Dow futures and the b..
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  • Apple appeals EU tax ruling, says it was a 'convenient target'

    Apple appeals EU tax ruling, says it was a 'convenient target'
    By Foo Yun Chee | CUPERTINO, Calif./BRUSSELS CUPERTINO, Calif./BRUSSELS Apple (AAPL.O) has launched a legal challenge to a record $14 billion EU tax demand, arguing that EU regulators ignored tax experts and corporate law and deliberately picked a method to maximize the penalty, senior executives said.Apple's combative stand underlines its anger with the European Commission, which said on Aug. 30 the company's Irish tax deal was illegal state aid and ordered it to repay up to 13 billion euro..
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  • Futures slightly higher ahead of Yellen speech

    Futures slightly higher ahead of Yellen speech
    By Tanya Agrawal U.S. stock index futures were slightly higher on Monday as investors awaited a speech by Federal Reserve Chair Janet Yellen, less than a week after the Fed raised interest rates for only the second time since the financial crisis. Yellen will be speaking on "the State of the Job Market" at 1:30 p.m. ET (1830 GMT) at the University of Baltimore. U.S. stocks fell on Friday, weighed by a more than 4 percent drop in Oracle ORCL.O shares and news that a Chinese Navy warsh..
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'Pray for them': 1 dead, 5 injured after tree falls on Calif. wedding party .Scientists find the first fossilized dinosaur brain – but what took so long? .
Pentagon says Raytheon making progress on satellite control station .Massive fire destroys Atlanta apartment building .

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