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Fresh food drives record Christmas at Tesco

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Tesco , the UK's biggest supermarket chain, reported like-for-like growth of 1.9% for its United Kingdom stores, a performance it said as thanks to the strength of its food business which saw underlying growth of 3.4%. As with other retailers in the UK, Tesco is battling rising costs linked to devalued sterling, falling consumer confidence and increasing competition from discounters Lidl and Aldi. Read More »

Circuit City makes comeback, to return with online and retail stores

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The website will offer videos, virtual vignettes, search-by-photo, augmented reality and real-time tech support via video chat. Consumer electronics website Twice was first to report the announcement. After the company filed for bankruptcy in 2008 and closed all its stores in 2009, it tried and failed to operate exclusively online. "The IBM web commerce platform will allow Circuit City to expand offerings for a personalized shopping experience and enhance the product discovery ... Read More »

Woman returns 'dead' Christmas tree to Costco for full refund

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And even though Yule fur trees are pretty much dead once you chop them down a month or so before Christmas, she got her refund, according to another customer. Costco is known for a generous return policy under which people can return any item barring electronics at any time. An incredulous Facebook user discovered this fun fact last week when he was in line at the checkout counter behind a woman who had dragged in her holiday decor. Read More »

MoneyGram to pilot Ripple (XRP) in payments

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MoneyGram will pilot the use of XRP, the native digital asset of the XRP Ledger, in payment flows through xRapid, Ripple's solution for on-demand liquidity. In a statement, Ripple CEO Brad Garlinghouse described the MoneyGram tie-up as a strategic one, and said it would demonstrate XRP's ability to lower costs for money transfers between friends and families. Read More »

Walmart to raise its starting wage to $11 an hour

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The retailer said Thursday changes that to its compensation and benefits policy will impact more than a million hourly workers in the USA, with the wage increase effective next month. The tax law gives the retailer an opportunity to be more competitive globally and to accelerate investment plans for the USA, he said. In all, Walmart employs 2.3 million people around the world, 1.5 million of which are in the U.S. Read More »

I'd 'beat Oprah' in 2020 presidential match-up

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The two friends, who requested anonymity in order to speak freely, talked in the wake of Winfrey's extraordinary speech at the Golden Globes Sunday night, which spurred chatter about a 2020 run. "I don't think at this point she is actually considering it", King said on "CBS This Morning." She added, "You always have the right to change her mind". Read More »

Ice cream bars recalled over listeria sold at Aldi, Kroger and Meijer

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It can cause miscarriages and stillbirths, and it is more risky for people with weakened immune systems, such as infants, the elderly, people who are HIV positive and cancer patients undergoing chemotherapy. "Listeriosis can also cause miscarriages and stillbirths, as well as serious and sometimes fatal infections in those with weakened immune systems, such as infants, the elderly and persons with HIV infection or undergoing chemotherapy". Read More »

New York City Sues Oil Companies in Climate Change Lawsuit

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In so doing, NY is following the legal footsteps of several California local governments that now face a countersuit from ExxonMobil challenging what the oil giant describes as their failure to inform investors of the climate risks facing their jurisdictions. Read More »

Ford Accused Of Emissions Cheating Over Diesel Super Duty Trucks

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So while the F-150 diesel is 19% less powerful than the Titan XD, its towing capacity is only 8.5% lower (11,400 lb for the F-150 vs. 12,460 lb for the Nissan). Ford expects around 5 percent of F-150 buyers will opt for the diesel, which costs Dollars 4,000 on the Lariat and Platinum versions or USD 3,000 on the King Ranch. Read More »

Tax season 2018: Here's what you need to know from the IRS

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In addition to being the acting head of the IRS, Kautter is also the Treasury Department's assistant secretary for tax policy. The IRS needs money for programming and system updates, answering phone calls, drafting and publishing new tax forms, revising regulations and guidance, training employees and developing ways to verify compliance and spot potential fraud, Olson said . Read More »

SA loses out on new Toyota-Mazda factory, AP source says

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The plant will employ about 4,000 people and will be built in Limestone County near Huntsville. The companies are planning an afternoon announcement about the plant and Alabama Gov. Toyota and Mazda announced plans for a new plant in August. "Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S". Read More »

Tehran Condemns Meddlesome US Resolution on Iran Unrest

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Khoshroo also said the United States had abused its power as a permanent member of the Security Council by calling for a meeting to discuss the protests. "If we were so terrified by you, how did we kick you out of Iran in the late 1970s and send you packing, out of the entire region, in the 2010s?" Don't they see the 50 million Americans, or more, starving in US? "Iranian people have lived a life of dignity and honor, and by God's grace their economic problems will be solved". Read More »

Walt Disney Co (DIS) Shares Sold by Fulton Bank NA

Orchids Paper Products Company (NYSEAMERICAN:TIS) has declined 56.11% since January 10, 2017 and is downtrending. Walt Disney (NYSE: DIS ) was upgraded by Zacks Investment Research from a "sell" rating to a "hold" rating in a research report issued to clients and investors on Tuesday, January 2nd. Read More »

IKEA wants you to pee on their ad for a discount

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If they're expecting, the price shown on the ad will drop, reflecting the price offered to those in the retailer's Ikea Family club. Standard pregnancy tests are so 2017 - this year it's all about weeing on magazine ads to find out if you have a bun in the oven. Read More »

USA oil output will rise more than 10% by November 2019

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The forecast said US production would average 10.8 million barrels per day in 2019 and would be more than 11 million barrels per day by November of next year. The organization reported that oil reserves in the US for the week ended on January 5, decreased by 11.19 million barrels, which is the strongest decline since September 2016. Read More »

Plastic bag charge set to affect all retailers

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Government sources have confirmed that it will consult on the extension 5p charge on single-use carrier bags, which has seen nearly a 90% fall in usage since its launch in 2015. May and Environment Secretary Michael Gove briefed the Cabinet on the plans yesterday, arguing they were needed to tackle the UK's "throwaway culture". Read More »

Discovery Channel to move global headquarters to NY

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Discovery Communications employs 1,300 people full-time in Maryland, Bethesda Magazine reported previous year. The company has been known to hold local events in downtown Silver Spring and in the D.C. The move is contigent on the US$14.6 billion deal for Scripps completing, as expected. "It's a lot of jobs". As part of that analysis, Zaslav wrote the company determined the "most efficient locations" for its business "to thrive now, and into the future". Read More »

Toyota partners with Uber, Amazon on automated delivery vehicle concept

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The Netflix series that depicts how seemingly benign technology can go horribly wrong features an autonomous delivery truck for "Fences Pizza" that eerily resembles the e-Pallette in episode four of the latest season. Toyota announced it will also be teaming up with Amazon and Uber for potential uses of the e-Pallete, which Toyoda said the company plans on testing at the 2020 Olympics in Tokyo as well as certain USA regions. Read More »

Pokémon Go is Dropping Older iOS Device Support

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Pokémon GO's creators have revealed that the game will no longer support Apple devices running systems older than iOS 11. This includes the iPhone 5 , the iPhone 5C , and the iPad 4. "They will need to switch to a supported device to continue playing Pokemon Go ", says the developer. Another 4% of iPhone users continued to use even older models as of a year ago. Read More »

China could slow/halt US Treasury purchases

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St. Louis Fed bank President James Bullard and head of the New York Fed Bill Dudley are among central bankers scheduled to speak. Any reduction in Chinese purchases would come just as the US prepares to boost its supply of debt. The Bloomberg Dollar Spot Index declined 0.2%. The euro traded at $1.1933 following a pullback Tuesday. UK Gilts on the other hand were largely unperturbed, with the yield on the benchmark 10-year issue just one basis point higher to 1.29%, which was still well ... Read More »

UIDAI Implements Virtual ID & Limited KYC To Improve User Authentication

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It will be compulsory for all agencies that undertake authentication to accept the Virtual ID from their users from 1 June 2018. This has come a few days after a deputy director of UIDAI on January 8 had filed an FIR against The Tribune journalist who exposed how the Aadhaar details of millions of Indians are on sale for just Rs 500. Read More »

Anushka's 'Pari' to release on Holi

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The new: With NH10 she tackled honor killings, with Phillauri she shown light upon how superstition reigns high in Indian society. However, this character was a positive one, unlike her role in this upcoming film, in which she is gearing up to scare the daylights out of people. Read More »

Berkshire boosts board size, adding Abel and Jain

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Responding to an analyst report that predicted Buffett could run Berkshire for the next 10 years, the Oracle of Omaha said that sounds a bit long without getting anymore specific. Both were also added to Berkshire's board, increasing the number of directors to 14 from 12. He named Jain as vice chairman of insurance operations. Read More »

Tesla Charges Up Solar Roof Line At Gigafactory 2

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Manufacturing of the textured-glass tiles began last month at Tesla's Gigafactory 2 in Buffalo, N.Y., according to a statement from the Palo Alto, the Calif. The glass solar roof tiles were being manufactured in Tesla's Fremont factory at the time, a facility that is, while capable, unable to produce tiles on the same pace and scale as Gigafactory 2. Read More »

Sainsbury's Christmas sales just beat forecasts

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The group said that grocery sales were up 2.3% during the period, however its online grocery (+8.2%) and convenience (+7.2%) posted impressive sales increases. Friday December 22 was the chain's biggest sales day for stores and it delivered an online grocery order to customers every second. He said that online sales had accounted for 20 per cent of all sales during the quarter. Read More »

High street woes-Mothercare warns on profit after decline in Christmas sales

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The child care and maternity products retailer said United Kingdom like-for-like sales plummeted 7.2% in the 12 weeks to December 30, while online sales tumbled 6.9%. While this strategy is wise and reflects the shift in consumer shopping habits, with online now representing 42% of sales it has left the retailer highly exposed to intensifying online competition, particularly during the Christmas trading period when online shopper penetration and consumer sensitivity to price and promotion ... Read More »

Duke Realty (DRE) Lowered to Sell at Zacks Investment Research

It has underperformed by 48.43% the S&P500. Therefore 17% are positive. La Quinta Holdings had 31 analyst reports since August 20, 2015 according to SRatingsIntel. New York State Common Retirement Fund invested in 0.03% or 1.02 million shares. SL Green Realty has a 1-year low of $93.92 and a 1-year high of $115.34. Read More »

India woman kills self over relationship with Muslim man

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A BJP Yuva Morcha worker has been arrested on charges of abetting suicide. Reports suggest that girl was friends with a Muslim man and that she had told one of her friends on WhatsApp about how she loved Muslims. The Superintendent of Police of Chickmagalur said that under IPC 306 a case was booked in Mudigere town police station. The boys had alleged that she was becoming a victim of Love Jihad. Read More »

SA lags behind in visa-free travel

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Japan was the other high performer from Asia with a passport that has a power rating of 175 countries visa-free. Meanwhile, Afghanistan's passport was the least potent, permitting access to just 24 countries, behind Iraq (27), Syria (28) and Pakistan (30). Read More »

Explosion outside major train station causes serious injuries

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The incident occurred at Varby Gard station on the Stockholm metro's T13 line. The man, in his 60s, suffered fatal injuries from the blast when " according to witnesses he picked up an object off the ground, which promptly exploded ", police spokesman Sven-Erik Olsson told AFP. Read More »

Occasion over for Pakistan for now as United States suspends $1.2 billion help

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Dastagir made a formal announcement of suspension of the cooperation however, he said that land and air passage have been kept permitted for now and the option would be exhausted at optimum time. "You carried out 57,800 attacks on Afghanistan from our bases, your forces were supplied arms and explosives through our soil, thousands of our civilians and soldiers became victims of the war initiated by you", Asif wrote in tweets translated by Pakistan's Dawn newspaper. Read More »

French Prosecutor Launches Probe Into Apple Planned Obsolescence: Judicial Source

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There have been concerns about the level of iPhone X demand from some analysts , but now Apple is under fire in France for its alleged "planned obsolescence" of older iPhone models. The company apologized for this and explained that it did this on iPhones where the battery was degraded. Users would need to pay $30 to have a battery replaced, however the cost has been reduced from the previous $80 price. Read More »

Mercedes reveals campervan concepts for X-Class pickup

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The brand beat out BMW , which came in second, with Lexus taking third place. "Last year, Mercedes-Benz Cars delivered more than 2.4 million Mercedes-Benz and smart to customers all over the world", said Dieter Zetsche, chairman of the Board of Management of Daimler AG and head of Mercedes-Benz Cars. Read More »

With 2 Golden Globes And 17 Million Subscribers, Hulu Has Arrived

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Although Hulu isn't releasing specific audience data, the company did offer some insights into which of its offerings rate best with subscribers. Hulu closed 2017 on a high note. Those figures include both on-demand and live TV subscribers. Hulu, for now, remains committed to winning subscribers - and has been cutting deals to bring more content to the SVOD platform. Read More »

Wi-Fi WPA3 protocol coming this year

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Naturally you can't force your entire network to immediately use WPA3-only connections (assuming it is supported by your future broadband ISP router) because this would hamper backwards compatibility with WPA2 supporting kit. For example , a user will be able to use his phone or tablet to configure the WiFi WPA3 options of another device that doesn't have a screen, such as tiny IoT equipment like smart locks, smart light bulbs, and others. Read More »

Plastic microbeads are now banned in the UK

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Waste consultant Eunomia says about 130,000 tonnes of plastic from paint on buildings ends up in the ocean every year, and some 80,000 tonnes from road paint - this is quite considerably more than the 35,000 tonnes that come from cosmetics. Read More »

Kodak shares jump as company announces KODAKCoin cryptocurrency

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While Kodak may have been forgotten by some people due to the "smartphone era", the company is now entering what most technology companies can not get enough of, i.e. Their ICO will begin on January 31, 2018, and is open to accredited investors from the USA, U.K., Canada and other select countries. Blockchain is a ledger where transactions of digital currencies, like bitcoin , are recorded. Read More »

Bitcoin Naysayer Jamie Dimon of JP Morgan Chase "Regrets" His Past Comments

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Jamie Dimon is having second thoughts about wading in to the bitcoin controversy. In September, Mr Dimon said that he would sack JPMorgan workers if he found them trading in the cryptocurrency. The blockchain [technology which underpins cryptocurrencies such as bitcoin] is real. "I'm not interested that much in the subject at all", Dimon added in the interview. Read More »

Brooklyn Assemblywoman Indicted on Fraud Charges

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Federal prosecutors in Brooklyn announced an 11-count indictment against a Brooklyn assemblywoman on Tuesday, alleging a raft of fraud, witness tampering and other charges , just the latest allegation of corruption and bad behavior among legislators in Albany. Read More »

Jeff Bezos net worth tops $105 billion as Amazon stock surges

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Forbes , another publication that tracks the net worth of the world's richest people, also has Bezos in the top position with a net worth of $104.5 billion. As of Tuesday morning, Gates' net worth, according to Bloomberg, is around $93.3 billion, with Warren Buffett coming in third at $87.2 billion. If adjusted for inflation, that cumulative total would now be over $144 billion in 2018. Read More »

Allegiant Air to offer nonstop flights from Sarasota

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All routes will be operated twice weekly. The route from Cincinnati/Northern Kentucky International Airport will begin April 13. "We have seen so many requests for flights to the Sarasota-Bradenton area, and we're thrilled to deliver nonstop service from Cincinnati , Indianapolis and Pittsburgh ", Lukas Johnson, Allegiant senior vice president of commercial, said in a press release. Read More »

CES 2018: TCL Unveils Expanded Home Entertainment Lineup

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TCL has had big turn-out at CES 2018, with a great line-up of Smart TVs being launched on stage. The new Roku built-in voice remotes will work with the new Roku Voice Assistant. This product will take advantage of the Roku OS to deliver a superb entertainment experience. These televisions also feature Wide Color Gamut with NBP Photon technology for even more realistic colors, as the latest LED phosphors drive color performance closer to the limits of human vision while targeting the ... Read More »

John Young, Nasa astronaut who walked on the moon, dies aged 87

He flew the first Space Shuttle mission and had been to space multiple times in the Gemini, Apollo and Space Shuttle programs, the agency said in its tweet. I really miss him". Counting his takeoff from the moon in 1972 as commander of Apollo 16 , Young's blastoff tally stood at seven, for decades a world record. Read More »