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  • Telefónica seeks O2 engagement

    Telefónica seeks O2 engagement

    January 21, 2015 Harry Joiner
    Concerns rise about owning a shrinking mobile-only business as rivals bolster broadband and TV Source: Companies
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    January 21, 2015Telefónica seeks O2 engagement
    Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?

    Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?

    January 21, 2015 Harry Joiner
    In at least three previous State of the Union speeches, President Barack Obama placed great emphasis on his "all of the above" energy strategy — one that includes both aggressive pursuit of…
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    January 21, 2015Obama Seeks to Burnish His Climate Legacy, But Will His Oil and Gas Policies Haunt Him?
    Windows 10's Cortana: A Solution Without A Problem?

    Windows 10's Cortana: A Solution Without A Problem?

    January 21, 2015 Harry Joiner
    A large focus of Microsoft's press event today other than high-concept holograms and Windows 10 itself was the personification of the OS, Cortana. We've seen the Halo-themed AI (complete with original…
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    January 21, 2015Windows 10's Cortana: A Solution Without A Problem?
    Microsoft Augments Reality With Windows Holographic

    Microsoft Augments Reality With Windows Holographic

    January 21, 2015 Harry Joiner
    Microsoft debuted its new augmented reality tech at the Windows 10 live event today. Source: Technology
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    January 21, 2015Microsoft Augments Reality With Windows Holographic
    With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

    With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

    January 21, 2015 Harry Joiner
    Xbox One users are gaining the ability to stream any Xbox One game to an in-network tablet or PC running Windows 10. Source: Technology
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    January 21, 2015With Windows 10 You Can Stream Any Xbox One Game To Your PC Or Tablet

UPDATE 1-U.S. Senate votes to extend terrorism insurance backstop

July 17, 2014 by Harry Joiner - Add Comment
WASHINGTON, July 17 (Reuters) – The U.S. Senate voted overwhelmingly on Thursday to reauthorize a federal terrorism risk insurance program that was created after the Sept. 11, 2001, attacks. Source: Financials
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'Sopranos' star's ex-husband, others accused of $300 mln stock fraud

July 17, 2014 by Harry Joiner - Add Comment
NEW YORK, July 17 (Reuters) – U.S. authorities unveiled criminal charges on Thursday accusing seven people, including a banking executive once married to a star of “The Sopranos,” of running a $300 million stock manipulation scheme that cheated elderly and other investors. Source: Financials
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UPDATE 5-Morgan Stanley profit more than doubles, beating estimates

July 17, 2014 by Harry Joiner - Add Comment
* Q2 adj profit $0.60/shr vs est $0.55 – Thomson Reuters I/B/E/S Source: Financials
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UPDATE 2-U.S. senators to GM: Why wasn't top lawyer fired?

July 17, 2014 by Harry Joiner - Add Comment
July 17 (Reuters) – U.S. senators on Thursday demanded to know why General Motors Co did not fire its top lawyer after it was revealed this year that the automaker’s litigation department knew of a widespread and deadly ignition flaw but failed to escalate the safety issue. Source: Financials
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Portugal Telecom considers suing BES – sources

July 17, 2014 by Harry Joiner - Add Comment
LISBON, July 17 (Reuters) – Portugal Telecom is considering taking legal action against Banco Espirito Santo, which sold it 847 million euros in commercial paper issued by a holding company of the bank’s founding family that has not been repaid, sources said. Source: Financials
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After Market: Jet Crash in Ukraine Spooks Investors

July 17, 2014 by Harry Joiner - Add Comment
Filed under: Market News, Mergers & Acquisitions, International Trade, Investing Circumstances surrounding a plane crash in eastern Ukraine caused jitters on Wall Street Thursday. The markets were just treading water until news broke that a Malaysia Airline jet had crashed while flying over territory where pro-Russian separatists have been battling against the army. Reports suggest that it may have been shot down, though by which side is still unclear. At the end [...]
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Carmakers cheer growth in European sales

July 17, 2014 by Harry Joiner - Add Comment
Sales are up 6.5% in the first 6 months of 2014, compared with last year, when demand slumped to a two-decade low, according to the ACEA Source: Companies
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RBS eyes sale of Coutts’ overseas arm

July 17, 2014 by Harry Joiner - Add Comment
Part state-owned bank considers selling overseas units of private subsidiary whose clients include the Queen, as it reviews wealth management business Source: Companies
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Home of cricket targets stomachs first

July 17, 2014 by Harry Joiner - Add Comment
Redevelopment of the Lord’s ground will be funded by yet more catering but the bring-your-own drink tradition stays Source: Management
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Investment banking boosts Morgan Stanley

July 17, 2014 by Harry Joiner - Add Comment
Bet on wealth management and shrinking of fixed-income trading business has left the US bank more insulated than most of its Wall Street rivals Source: Companies
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Microsoft to shed 18,000 jobs

July 17, 2014 by Harry Joiner - Add Comment
Biggest job cuts in tech group’s history, with the vast majority of roles being axed at Nokia, the Finnish handset maker it acquired in April Source: Companies
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Foxconn adapts to new labour landscape

July 17, 2014 by Harry Joiner - Add Comment
Instead of rows of workers with screwdrivers, Foxconn’s new 500-acre campus boasts robot workshops, an eco-friendly data centre and smart lighting Source: Companies
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Paranoia at work is out to get you

July 17, 2014 by Harry Joiner - Add Comment
A psychotherapist explains how irrational minds can create a climate of fear and blame in the office and how you can tackle the problem Source: Management
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Updated Chromebooks deserve a second look

July 17, 2014 by Harry Joiner - Add Comment
The new devices are decent alternatives to a traditional laptop, thanks to widespread internet connectivity and the Chromebooks’ own upgraded features Source: Management
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FASB Unveils Plan to Simplify Inventory, Extraordinary Items

July 16, 2014 by Harry Joiner - Add Comment
In its quest to simplify accounting standards, the Financial Accounting Standards Board has issued two new proposals — one to make it easier to measure inventory, another to eliminate requirements around extraordinary items. The motivation behind FASB’s simplification initiative is to look for ways to revise accounting standards so that the cost and complexity is reduced, but the usefulness of information to investors is maintained or improved. Source: Accounting and Auditing
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5 Things Nintendo Needs To Add To 'Mario Kart 8' Via DLC

July 16, 2014 by Harry Joiner - Add Comment
Nintendo should release lots of DLC for Mario Kart 8. They should release it regularly over a long period of time, keeping the game alive and fresh long past the expiration date its predecessors faced. Source: Technology
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The Violent Opt-out: The Neo-Luddites Attacking Drones And Google Glass

July 16, 2014 by Harry Joiner - Add Comment
The original Luddites were worried the machines would take their jobs; the Neo-Luddites fear the machines will steal their privacy. Source: Technology
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Do Humans Live Too Long?

July 16, 2014 by Harry Joiner - Add Comment
“Public health fundamentally changed what it means to be human,” S. Jay Olashansky argues in a short video explaining the jump in human life expectancy in the mid-19th Century. For more than 200,000 years, most humans died by 30 and infant mortality was endemic. But over the last two centuries human life expectancy has more than doubled. In the last century the average American life expectancy rose from 47 to 78, largely attributable to improved understanding of personal hygiene, effective treatments for childhood diseases, and shifts toward safer working spaces. Source: Technology
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How He Did It: From Business Professional to Programming Founder and CEO

July 16, 2014 by Harry Joiner - Add Comment
At 29 years old, Spencer Fry has already established himself as a serial entrepreneur. As a sophomore at Yale University, he co-founded a VoIP company for computer game players called Typefrag. TypeFrag grew into a five-person company providing voice communication for hundreds of thousands of gamers world-wide by the time Fry sold the company in 2007. Source: Technology
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Samsung Wants To Play With Google And Apple In Mastering The Smart Home

July 16, 2014 by Harry Joiner - Add Comment
The smart home space has been moving fast this past year. First, Google scooped up Nest for $3.2 billion in January and then Apple announced HomeKit for developers to safely hook up connected gadgets to the iOS. Now Samsung looks to be making a major move with a potential acquisition of startup SmartThings for around $200 million, TechCrunch has learned. Source: Technology
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GE in talks to sell appliances business – Bloomberg

July 16, 2014 by Harry Joiner - Add Comment
July 16 (Reuters) – General Electric Co is in talks with potential suitors about selling its household appliances business, Bloomberg reported, citing people familiar with the matter. Source: Financials
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Cote d'Ivoire prices US$750m 10-year bond

July 16, 2014 by Harry Joiner - Add Comment
NEW YORK, July 16 (IFR) – Cote d’Ivoire has priced a US$750m 10-year bond at a final yield of 5.625% after receiving US$4.75bn in orders, according to one of the lead managers. Source: Financials
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U.S. economic activity expands in Fed's 12 districts -Beige Book

July 16, 2014 by Harry Joiner - Add Comment
WASHINGTON, July 16 (Reuters) – The U.S. economy continued to expand in recent weeks, with manufacturing activity widening and employers in several parts of the country reporting difficulties finding skilled workers, the Federal Reserve said on Wednesday. Source: Financials
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U.S. consumer watchdog floats publishing customers' banking stories

July 16, 2014 by Harry Joiner - Add Comment
WASHINGTON, July 16 (Reuters) – The U.S. consumer finance watchdog on Wednesday proposed publishing on its website individuals’ stories about bad experiences with credit cards, student loans and other financial services, prompting quick pushback from banks. Source: Financials
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UPDATE 2-Ackman urges Allergan talks with Valeant, no delay to special meeting

July 16, 2014 by Harry Joiner - Add Comment
July 16 (Reuters) – Activist investor Bill Ackman urged Botox maker Allergan Inc to negotiate a possible takeover by Valeant Pharmaceuticals Inc and not delay a special shareholder meeting that could overturn most of Allergan’s board. Source: Financials
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Amazon tests ebook subscription service

July 16, 2014 by Harry Joiner - Add Comment
Online retailer plans to take model that Spotify pioneered in music and Netflix did for online movies and TV shows and apply it to ebooks Source: Companies
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After Market: A Golden Beige Book Lifts Dow to New Record

July 16, 2014 by Harry Joiner - Add Comment
Filed under: Earnings, Market News, Federal Reserve, Investing Strong earnings and positive signs coming from the world’s two largest economies pushed the Dow Jones industrial average to a new record high Wednesday. The Fed’s beige book showed consumer spending up in all of its districts, and second quarter growth in China rose more than expected. On top of that, the day’s corporate earnings were largely strong triggering a surge of buying on Wall Street. [...]
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Emirates calls on Airbus to revamp A380

July 16, 2014 by Harry Joiner - Add Comment
Gulf carrier says the airline could buy another 60 to 80 superjumbos on top of the 140 it has already ordered if the aircraft is more fuel efficient Source: Companies
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Time Warner rejects $80bn offer from Fox

July 16, 2014 by Harry Joiner - Add Comment
Cash and stock offer made for the US media conglomerate in June was rebuffed and it remains unclear if 21st Century Fox will launch a second bid Source: Companies
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Four reasons why Fox wants Time Warner

July 16, 2014 by Harry Joiner - Add Comment
Rupert Murdoch weighs up the world’s biggest media merger since the height of the dotcom mania in 2000 Source: Companies
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Review: Sons of Wichita by Daniel Schulman

July 16, 2014 by Harry Joiner - Add Comment
This surprisingly successful biography tells the story of the rich and secretive Koch brothers, one of America’s most powerful rightwing dynasties Source: Management
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Fed should speed up exit, says Fink

July 16, 2014 by Harry Joiner - Add Comment
BlackRock chief executive says US central bank policy is too aggressive and is doing nothing to tackle structural unemployment in the economy Source: Companies
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Evernote faces up to smartwatch challenge

July 16, 2014 by Harry Joiner - Add Comment
The boss of the popular productivity app says it gives users an ‘extra brain’ but the company must adapt to an era of smaller, simpler devices Source: Management
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Low-cost airlines struggle to fly further

July 16, 2014 by Harry Joiner - Add Comment
It will be hard for the likes of Norwegian Air Shuttle to replicate their short-haul success on longer routes, even though some barriers have fallen Source: Management
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WRAPUP 2-Yellen defends loose Fed policy, says job market still too weak

July 15, 2014 by Harry Joiner - Add Comment
WASHINGTON, July 15 (Reuters) – Federal Reserve Chair Janet Yellen said U.S. labor markets are far from healthy and signaled the Fed will keep monetary policy loose until hiring and wage data show the effects of the financial crisis are “completely gone.” Source: Financials
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UPDATE 3-Espirito Santo to file for creditor protection for Rioforte -sources

July 15, 2014 by Harry Joiner - Add Comment
* Espirito Santo group must pay back 847 mln euros on Tuesday Source: Financials
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Moody's keeps negative outlook on Italy's banking system

July 15, 2014 by Harry Joiner - Add Comment
MILAN, July 15 (Reuters) – Credit rating agency Moody’s said on Tuesday it was keeping a negative outlook on Italy’s banking system due to continued deterioration of asset quality and low profitability. Source: Financials
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Reynolds buys Lorillard for $27bn

July 15, 2014 by Harry Joiner - Add Comment
America’s second- and third-biggest cigarette companies combine in a deal that will triple UK group Imperial Tobacco’s market share in the US Source: Companies
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UPDATE 2-Yellen and Fed raise flag over some U.S. equity valuations

July 15, 2014 by Harry Joiner - Add Comment
July 15 (Reuters) – The Federal Reserve on Tuesday voiced concern about stretched valuations in certain corners of the U.S. markets, including small cap, biotechnology and social media stocks, as well as the leveraged loan market. Source: Financials
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UPDATE 4-HP's interim chair Whitworth resigns to focus on health

July 15, 2014 by Harry Joiner - Add Comment
(Adds details on Whitworth’s role and history, report of throat cancer) Source: Financials
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China’s Xiaomi takes on Samsung in India

July 15, 2014 by Harry Joiner - Add Comment
Smartphone maker’s push of its high-end low-priced handsets is latest in flurry of Chinese entrants to world’s fastest-growing mobile market Source: Companies
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JPMorgan profits fall less than expected

July 15, 2014 by Harry Joiner - Add Comment
US bank’s profits fall 7.7% in the second quarter amid a decline in fixed income trading and mortgage banking, but chief executive remains optimistic Source: Companies
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Albemarle to buy Rockwood for $6.2bn

July 15, 2014 by Harry Joiner - Add Comment
Cash and shares deal is latest in consolidating chemicals sector Source: Companies
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In defence of Rocket’s science

July 15, 2014 by Harry Joiner - Add Comment
Ahead of the fast-growing internet group’s planned IPO, co-founder Oliver Samwer shrugs off claims that it is merely a ‘clone factory’ Source: Management
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Goldman and JPMorgan beat trading fears

July 15, 2014 by Harry Joiner - Add Comment
Profits rise following a boost in the value of the bank’s own investments as well as a drop in bond trading revenues that was smaller than feared Source: Companies
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Entrepreneurial nous rediscovered

July 15, 2014 by Harry Joiner - Add Comment
Lively and with a loyal population and serious ambitions to regain former prestige, Liverpool has much to offer even if it is still far from its prime Source: Management
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Taggar: augmented reality for social media

July 15, 2014 by Harry Joiner - Add Comment
Creators plan for Taggar app to be used by social networkers to find exclusive digital content or leave hidden messages on photos posted on Facebook Source: Management
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Failure is fine but don’t avoid the truth

July 15, 2014 by Harry Joiner - Add Comment
No one sets out to fail. Winning, not losing, victory not defeat – anything else is an unwelcome outcome Source: Management
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Teva faces fresh shareholder showdown

July 14, 2014 by Harry Joiner - Add Comment
Investors urged to challenge directors at annual meeting just six months after drugmaker pledged to overhaul its corporate governance Source: Companies
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UPDATE 1-Bulgaria asks ECB to supervise its banks

July 14, 2014 by Harry Joiner - Add Comment
SOFIA, July 14 (Reuters) – Bulgaria will seek European supervision for its banks, President Rosen Plevneliev said on Monday after the country’s fourth biggest lender was caught up in a financial scandal. Source: Financials
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