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Egypt to Shutdown Uber and Careem for Allegedly Violating the Law

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Careem, in a statement on its Facebook page, also said it would continue its operations. The applications took off in Cairo, a city of 20 million people with near-constant traffic and little parking. "They have to stop operations and block their mobile applications on the internet", he said. However, Careem posted on Twitter "affirms the continuation of operations normally and it (Careem) has not been officially notified of ceasing its operations". Read More »

Fed Raises Key Rate, Foresees 2 More Hikes This Year

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On a 12-month basis, both overall inflation and inflation for items other than food and energy have continued to run below 2 percent. The Dow Jones Industrial Average fell 28.09 points, or 0.11 percent, to 24,699.18, the S&P 500 lost 3.47 points, or 0.13 percent, to 2,713.47 and the Nasdaq Composite dropped 7.34 points, or 0.1 percent, to 7,356.96. Read More »

NPD: Toys "R" Us closures will not tank the industry

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Toys R Us also announced that it is pursuing a reorganization and a sale process for its Canadian and worldwide operations in Asia and Central Europe, including Germany, Austria and Switzerland. The teen jewelry and accessories giant Claire's is another retail giant that has succumbed to financial troubles, declaring bankruptcy and announcing the closure of over 90 stores around the country. Read More »

Disneyland bets big on 'completely immersive' super-hero attractions

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The Guardians of the Galaxy will be joined by Spider-Man and the Avengers in a completely immersive Super Hero universe in Disney California Adventure Park . Now Disney will be putting Marvel's superhero characters to work at its parks in Anaheim, Paris and Hong Kong, according to Variety. Fanboys and fangirls will get to revel in three new areas at three different parks. Read More »

Austin Police Say Trip Wire Bomb Triggered Sunday Night Explosion

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State Department from 1985 to 1999. And they warned that they are dealing with a highly-skilled assailant, with Austin police chief Brian Manley saying: 'If this explosion last night was the result of a bomb that was utilizing tripwire technology, that is showing a different level of skill, above what we were already concerned that this suspect or suspects possess. Read More »

Facebook hires digital forensics firm to audit Cambridge Analytica

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Facebook on Sunday faced a backlash about how it protects user data, as American and British lawmakers demanded that it explain how a political data firm with links to President Trump's 2016 campaign was able to harvest private information from more than 50 million Facebook profiles without the social network's alerting users. Read More »

India Issues Thirteenth Note Verbale to Pakistan Over Harassment of Diplomats

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News reports in India and Pakistan had earlier said that Pakistani diplomats and their families in India have been the target of harassment by Indian authorities for many weeks. Sources said, "On 18 March, second secretary at the High Commission was aggressively followed by unidentified people in a auto in close proximity in an intimidating manner while he was going to Chhaye Khana restaurant". Read More »

Brits warn poisoning is 'challenge to all' as Turnbull considers Russian Federation sanctions

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Foreign minister Sergei Lavrov this morning also questioned Williamson's intelligence as he doubled down on plans to expel British diplomats from Moscow . The expulsion of 23 British diplomatic personnel from Russia was a tit-for-tat move that mirrored Britain's expulsion of 23 Russian diplomats in the United Kingdom - all of whom the British said had been identified as "undeclared" intelligence agents. Read More »

Cigna to spend about $52 billion for Express Scripts

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Anthem since then said it would not renew its PBM contract with Express Scripts. Institutional investors own 89.08% of the company's stock. Famed investor Mark Cuban says it will produce "the world's first trillionaires", but that should still leave plenty of money for regular investors who make the right trades early. Read More »

Plastic particles found in bottled water

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The three-month study - believed to be the largest investigation of its kind - used a technique developed by the University of East Anglia's School of Chemistry to "see" microplastic particles by staining them using fluorescent Nile red dye, which makes plastic fluorescent when irradiated with blue light. Read More »

Donald Trump eyes massive tariffs on China tech sector

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As manufacturing these products in the United States becomes more expensive, imports may have a competitive advantage on price, which would counteract the president's intention with the tariffs . Merkel told ARD television that there needs to be a united European Union stance, talks with the US, and, if necessary, the will to take counter-measures. Read More »

United States shale oil to drive crude prices below $60

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Indeed, the recognition that US shale is going to grow more than expected likely means that OPEC realizes it will need to keep the cuts in place longer than it had planned. BP's base case scenario assumes much the same conditions as the EIA's base case. Paris: A dramatic decline in oil production in crisis-hit Venezuela could tip the global crude market into deficit, the International Energy Agency said Thursday, helping wipe away a glut that has depressed prices for years. Read More »

Toys R Us to close or sell over 800 remaining United States stores

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FAO is now mainly selling toys online, but the company plans to open a new store in New York City's Rockefeller Center in time for this year's holiday season. The company said it has more than 100,000 creditors, the largest of which are Bank of NY (owed $208 million), Mattel ($136 million) and Hasbro ($59 million). Read More »

Cryptocurrency Ban: Why is Google Blocking Cryptocurrency, Initial Coin Offering Ads?

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Google said in 2017, it removed more than 3.2 billion advertisements from the web, compared with 1.7 billion in 2016. " We don't have a crystal ball to know where the future is going to go with cryptocurrencies, but we've seen enough consumer harm or potential for consumer harm that it's an area that we want to approach with extreme caution ", Google's director of sustainable ads, Scott Spencer, told CNBC . Read More »

Air Canada computer issues force flight cancellation at Victoria airport

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The company apologized for the inconvenience and thanked customers for their patience. Air Canada says its website and customer centres are experiencing an "interruption" which is causing some congestion in the terminals. After around three hours, Air Canada issued an apology and said that things were on the mend. Tweets from several Air Canada hubs, including Toronto Pearson and Vancouver International airports, called the issue a "worldwide" outage. Read More »

Military vehicles to roll through Washington in parade

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There won't be any tanks in consideration of Washington's roadways, but the plan calls for wheeled military vehicles to roll through the streets. Military experts believe that President Trump wishes to show military might of USA to the world as China and Russian Federation do by holding their military parades. Read More »

Waymo to start rolling out self-driving truck fleet in Atlanta

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Mostly known for its self-driving cars, Waymo has integrated its technology into Peterbilt Class 8 trucks, which will carry cargo to Google data centers. Of course, Waymo's eventual goal is for its trucks to take care of themselves, and the company said that its pilot will help that vision become a reality sooner rather than later. Read More »

Media 'Feasts' on Vulnerable, Possibly Drunk Former Trump Aide

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Speaking first to the Washington Post and then on MSNBC , Nunberg vowed to defy Mueller , who is investigating Russian meddling in the 2016 USA election and alleged collusion between Trump aides and Moscow. "Let me just give them what they want because there's nothing there anyway". Also on the list are Paul Manafort , the former campaign chairman who faces numerous charges of money laundering and tax evasion, and Rick Gates , a former campaign aide and Manafort partner who has pleaded ... Read More »

BLS: Employment up 313000; unemployment rate unchanged

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The economy has expanded for 104 straight months, or almost nine years, the third-largest expansion on record, and hiring often declines as recessions fade further into the past. But as stock investors correctly concluded last month, if wages start rising too fast given weak gains in worker productivity, it would probably prompt Mr. Read More »

Northeastern US hit by second major storm in a week

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But parts of New England will see heavy to moderate snow into Thursday morning, forecasters said . An MBTA spokesperson told WPRI-TV in Providence, R.I., that about 30 trees fell on the tracks during Wednesday's storm. Accumulation varied wildly across short distances. By Thursday morning, 36 inches had fallen in Woodford, Vt., 32 inches in Clarksburg, Mass., 31 inches in Kinnelon, N.J., and 28 inches in Warren, Ct. Read More »

English-born Scott McTominay has chose to play global football for Scotland

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The former England midfielder, who is now banned from football after breaching betting rules, added: "Maybe Manchester United and Fergie [Sir Alex Ferguson] have influenced it". He has warned McTominay to expect a "very different" experience playing for Scotland , who have friendlies against Costa Rica on 23 March and Hungary on 27 March in McLeish's first games back in charge. Read More »

Stranded Glasgow Airport passengers given Red Cross bedding

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As a result, it has introduced more flexible rebooking options for customers on shot-haul flights to or from London Heathrow and London Gatwick airports. Anybody travelling by air today is advised to check with their airline before making their way to the airport. "There are amber and yellow weather warnings for snow and ice across Britain this week". Read More »

Feds may prosecute mayor who warned of ICE raid

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About 200 people are protesting following the announcement that agents arrested more than 150 people living in Northern California illegally during immigration sweeps. Her defiance followed a suggestion by Mr Homan that the Justice Department should criminally charge politicians who support sanctuary jurisdictions . Read More »

Bearish Case for Oil Prices Gets Stronger, Supply Surges

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Strength in the dollar also weighed on crude prices as a rising greenback diminished the appeal of commodities priced in the United States currency. The U.S. Energy Information Administration (EIA) expects in its latest Short-Term Energy Outlook that U.S. production will average 10.6 million bpd this year. Read More »

TSX, Dow push higher as loonie also gains ground

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Federal Reserve were eased by comments by St. Louis Fed President James Bullard, who expressed concerns that a "bunch of hikes" could turn Fed policy restrictive. Industrial stocks contributed the most to the market's gains. The Dow Jones Industrial Average fell 254.63 points, or 1.01 per cent, to 24,964.75, the S&P 500 lost 15.96 points, or 0.58 per cent, to 2,716.26 and the Nasdaq Composite dropped 5.16 points, or 0.07 per cent, to 7,234.31. Read More »

DCist revived by public radio

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Terms of the deal were not disclosed, but the public radio stations said that the deal was funded by two anonymous donors. The acquisition also includes the archives, internet domains and social media channels for the sites. With an urban vibrancy and a global perspective, WNYC is New York's public radio station, broadcasting and streaming award-winning journalism, groundbreaking audio programming and essential talk radio to the city and beyond. Read More »

Dallas Mavericks' Workplace unsafe for female employees

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The behavior was nothing new for Ussery, according to women with the Mavericks organization who told the magazine about numerous instances of being propositioned for sex and inappropriately touched by Ussery. The woman reported the incident with Sneed to her immediate supervisor and Pittman. These teams may have to hire outside firms to investigate them the way that Sports Illustrated has, in order to ensure that the situations are handled properly, especially if they previously were swept ... Read More »

AT&T Announces First 3 US Cities to Receive 5G Wireless

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I guess we will be able to live stream 4K 360 degree content from our smartphones! The company has said it will announce additional cities in the coming months, while promising to add more 5G-capable mobile devices and smartphones from early 2019 onwards - on top of whatever the first devices are at launch this year. Read More »

Uber Losses Down in Fourth Quarter, but Still Huge

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Uber and Google sibling company Waymo have reached a settlement on a lawsuit stemming from a self-driving auto technology dispute. Despite a turbulent year for the company, it still managed to earn sales of $7.5 billion, although this was tempered by a substantial loss of $4.5 billion, an unprecedented number. Read More »