Money

Apple is now worth more than $775 billion — another new record for the biggest U.S. stock

From CNBC: Apple earnings: What to watch  3 Hours Ago | 02:52 Ahead of a highly anticipated earnings report, America’s most valuable company is now worth more than ever. Apple briefly hit a market capitalization of more than $776.59 billion on Tuesday, topping its previous peak market value of $774.91 billion to remain the only U.S.-listed stock with a market value …

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STOCKS SMASH RECORDS: U.S. Stocks Edge Up, Buoyed by Tech Sector

From Wall Street Journal: By Akane Otani and Riva Gold Updated April 27, 2017 4:07 p.m. ET U.S. stock indexes edged higher as gains in shares of technology companies offset losses in the energy sector. Stocks have generally risen in recent sessions, buoyed by corporate earnings reports pointing to health in U.S. companies. While bets on tax cuts from the …

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Crime Fighting Robots May Be Coming to a Mall Near You

From FoxNews: A Silicon Valley startup has developed a robot that may soon replace mall cops. Knightscope, which specializes in fully autonomous security data machines, says it is officially signed up to patrol malls in New York and Massachusetts, with nearly two dozen accounts set up across 16 cities this year. “We’re starting off in the public arena, so we …

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Apple Car Coming Soon?

From Wall Street Journal: Apple Secures Permit to Test Autonomous Vehicles in California By Tripp Mickle and Tim Higgins Updated April 14, 2017 2:53 p.m. ET 7 COMMENTS SAN FRANCISCO— Apple Inc.’s AAPL -0.53% secretive self-driving car project is on course for a public debut. The technology giant on Friday secured a permit for autonomous-vehicle testing in California, the clearest …

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At Least 33 Companies Have Pulled Ads From ‘The O’Reilly Factor’ in Wake of Sexual Harassment Claims

From TheStreet.com: Updated from 12:03 p.m. with additional information. The list of companies who have pulled advertising from Fox News’ most popular show, “The O’Reilly Factor,” keeps growing longer and longer.  As of Wednesday afternoon, at least 33 companies have said they are either suspending ads from 21st Century Fox’s  (FOXA)  conservative-leaning news network entirely, or shifted advertising to other Fox …

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Soros-funded charities targeted by Trump-inspired crackdown in East Europe

From Yahoo/Reuters: By Marton Dunai BUDAPEST (Reuters) – When his government lost a lawsuit in the European Court of Human Rights last week over its detention and expulsion of two migrants from Bangladesh, Hungary’s rightwing prime minister blamed the usual suspect: a billionaire in New York. “It is a collusion of human traffickers, Brussels bureaucrats and the organizations that work …

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Goldman building robo-adviser to give investment advice to the masses

From Associated Press (By Olivia Oran)

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G-20 Drops Anti-Protectionist Pledge as Trump Stance Goes Global

From Bloomberg:   Finance chiefs of the world’s largest economies set aside a previous pledge to avoid protectionism and signed up to a fudged statement on trade instead, in response to the Trump administration’s call for a rethink of the global order for commerce. The Group of 20 nations, meeting in Germany on Saturday, said in a communique that they …

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Russian Bank Says U.S. Based Hackers Are Trying To Frame The Bank And Create Fake Links To Trump Foundation

From CNN:  The Russian bank that had an “odd” internet link to the Trump Organization during the presidential campaign is now claiming that U.S.-based hackers have recently launched cyberattacks to try to frame the bank. Cybersecurity experts say this hack is a common type of prank. And it’s not directly related to activity discovered last year between the computer servers …

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2 big banks raise alarm over Toronto housing ‘bubble’

From C.B.C. Business:  Two big banks are waving red flags about Toronto housing prices, calling them “simply unsustainable” and a “bubble” in separate reports. The Canadian Real Estate Association said this week that average house prices across the Greater Toronto Area hit $727,300 in February, a figure that has risen by more than 23 per cent in the past year. The group …

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