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  • Mobileye Cites Concern Over Autonomy Reputation Following Fatal Tesla Crash

    The driver identified as Joshua Brown was the first known fatality driving a Model S while the Autopilot system was operating. The NTSB's initial findings are consistent with how Florida police have already described the crash. Tesla only represented about one percent of revenue for Mobileye but the market fears that the confidence in the company may be shaken after the accident.

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  • Viewers Furious After NBC Credits Swimmer's WR-Smashing Win To Her Husband

    Viewers Furious After NBC Credits Swimmer's WR-Smashing Win To Her Husband

    Tonight she'll swim in the second semi-final along with Hosszu in lane 6. Katinka Hosszu claimed her second gold medal of Rio 2016 in the women's 100 metre backstroke on Monday. But it was her leg in which the US lost the lead before Cate Campbell, anchoring the Australians, turned on the afterburners and opened up a comfortable margin at the finish.

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  • Pakistan's Aslam and Azhar make England suffer

    James Vince's direct throw from short cover finally ended Aslam's brilliant knock after tea, but England's bowlers kept on struggling to get through the defences of Azhar. It was a disheartening day for Anderson, who claimed 1-32 on a sluggish surface but saw vice-captain Joe Root floor a catching opportunity when Azhar Ali was on 38.

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  • Britain's FTSE hits 14-month high, Standard Life soars

    Britain's FTSE hits 14-month high, Standard Life soars

    Shares of Lloyds LLOY.L and Royal Bank of Scotland RBS.L have lost almost a quarter of their value since the Brexit vote. The FTSE 100 is up around 9 percent so far in 2016. "Most of the insurers have outperformed, enabling the FTSE to continue to push higher", Jones pointed out. Worldpay, which provides platforms for merchants to accept payments by cards and other methods, said its underlying earnings rose 19% to £217.9m ($282.9 million) for the six months ended June 30.

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  • Delta cancelling nearly 250 flights Tuesday morning

    Delta cancelling nearly 250 flights Tuesday morning

    The disruptions followed about 1,000 cancelations and 2,800 delayed flights on Monday after a power outage at Delta's Atlanta headquarters tripped a meltdown of its booking, communications and other systems. Nationally, the airline canceled almost 250 flights Tuesday and about 1,000 on Monday. "It's just a mess", she said as she stood in a long queue at Delta's check-in counter.

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  • Asian stocks gain after China data, oil retreats

    Asian stocks gain after China data, oil retreats

    Drug company and consumer-focused stocks weighed on the market, while energy companies surged, getting a lift from a pickup in crude oil prices . The broader Topix index closed 0.92% higher at 1,317.49. Sydney added 0.2 percent and Seoul gained 0.6 percent while Hong Kong fell 0.2 percent. Both China's CSI300 index .CSI300 and the Shanghai Composite Index .SSEC rose 0.3 percent, to 3,244.31 points and 3,012.89 points, respectively.

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  • Krauthammer: Trump gave 'classic Republican agenda' in economic speech

    That speech was interrupted more than a dozen times by protesters in Detroit . A day after campaigning in MI, the real estate mogul planned a pair of rallies in North Carolina. During a campaign swing through St. Petersburg, Florida, Clinton wryly advised her supporters: "Don't let a friend vote Trump". "He wants to basically just re-package trickle down economics ".

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  • Japan warns China of worsening ties over East China Sea dispute

    Japan warns China of worsening ties over East China Sea dispute

    The Japan Coast Guard said at least two of the 13 Chinese vessels have entered Japanese territorial waters around the islands despite repeated warnings for them to leave. At the time, India adopted a harsh tone over Beijing's rejection of The Hague's ruling that China has no legal basis for claiming territorial rights to the South China Sea, blasting China for not showing "utmost respect" for the worldwide tribunal.

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  • Optimum to Close Stratford, Shelton Facilities; Lay Off 600 Employees

    Optimum to Close Stratford, Shelton Facilities; Lay Off 600 Employees

    The Connecticut call center operations had become superfluous due to a reduction in call volumes for support the past few years, Anselmo said. Netherlands-based Altice bought Cablevision in June for $17.7 billion. This layoffs do not affect Optimum's field service operations in CT. The company said it had the best quarter since 2012 operationally, with the addition of 19,000 new customers and the loss of just 2,000 video subscribers.

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  • Delta flights canceled, delayed for 2nd day after outage

    By 7 p.m., Delta said it had canceled more than 740 flights, although its computer systems were fully functioning again. In either case, aviation and computer specialists say, it shouldn't have happened. He called it in "all-hands-on-deck effort". "Recapturing those passengers and accommodating them would be a nightmare". The newlyweds said they've already missed one day of their honeymoon.

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  • FCC Streamlines 5G Test Site Rules

    FCC Streamlines 5G Test Site Rules

    It looks like 5G could become a reality sooner than we think, with the FCC wanting to cut through the usual red tape to make things happen quicker. “The Wireless Telecommunications Bureau signed an agreement to eliminate historic preservation review for small facility deployments across the U.S.

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  • Australia's AGL to create world's largest virtual power plant

    Australia's AGL to create world's largest virtual power plant

    Expected to cost about A$680m ($517.8m), the project will harness solar and wind energy resources to generate approximately 1,000 gigawatt hours (GWh) of clean energy required to power about 200,000 homes. The Australian Renewable Energy Agency (ARENA) has conditionally committed up to AU$5 million funding for AGL's South Australia project. When working together on a large-scale, the batteries can discharge at a time that will benefit both customer and community.

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  • Services sector growth touches 3-month high in July: PMI

    Services sector growth touches 3-month high in July: PMI

    Anything above 50 signals growth, while anything below means a contraction in activity - so the higher the better. The services PMI , meanwhile, nudged up to 52.9 in July from 52.8 in June and the flash estimate of 52.7. Think-tank EY ITEM Club said last month that the United Kingdom economy should brace itself for a "severe loss of momentum" following the Brexit vote, as it slashed its forecasts for United Kingdom economic growth from 2.3% to 1.9% this year, and from 2.6% to 0.4% in 2017.

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  • Earnings Estimates & Analyst Opinion on Community Health Systems (NYSE:CYH)

    During the most recent trading day, the stock's price shifted up +13.39% from its 52-week low and -76.01% lower from its 52-week high. In other news, Director H Mitchell Watson, Jr. JFS Wealth Advisors LLC increased its stake in shares of Community Health Systems by 28,122.2% in the second quarter. Trexquant Investment LP increased its position in shares of Community Health Systems by 114.2% in the fourth quarter.

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  • Cigna maps out Plan B if Anthem deal fails

    Cigna maps out Plan B if Anthem deal fails

    Last week, U.S. District Court Judge John Bates said he would retain the Aetna-Humana case but said the Anthem-Cigna case would be reassigned to another judge because he could not try and decide both cases by the end of the year, according to the status conference held last week.

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  • Wal-Mart Takes On Amazon With Jet.com Acquisition

    Walmart formally announced Monday its takeover of online retailer Jet.com "for approximately $3 billion in cash, a portion of which will be paid over time". Recode , which also spoke to unnamed sources familiar with the deal, said Neil Ashe, Walmart's current global e-commerce chief, will depart after a transition period.

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  • Longest rail strike in 50 years begins on Southern

    GTR said its eight-point compromise plan included a commitment that conductors (guards) and staff in the new role of on-board supervisor would retain safety competence while the company and union would "agree a list of circumstances whereby a train would continue in service without a second member of traincrew on board, in the interests of the customers".

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  • Good news for Nigeria as oil prices rise in dramatic turn

    Dr. Sada explained that OPEC is watching all developments carefully while continuous deliberations are held among member-states on possible measures to help bring back stability in world markets. USA drilling is expanding as nationwide crude inventories continue to rise, keeping stockpiles more than 100 million barrels above the five-year average.

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  • Wal-Mart paying $3B for online retailer Jet.com

    Wal-Mart paying $3B for online retailer Jet.com

    It also serves as an admission from the company that it needs help figuring out online retail. It seems likely, that he will answer to McMillon, the CEO. Wal-Mart and Jet.com will maintain distinct brands. Jet.com launched just one year ago, pitching itself as a low-price online retailer. "Wal-Mart.com will grow faster, the seamless shopping experience we're pursuing will happen quicker, and we'll enable the Jet brand to be even more successful in a shorter period of time", Wal-Mart CEO ...

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  • Safety deficiencies remain despite Metro track work

    Safety deficiencies remain despite Metro track work

    Systematic deficiencies, which have led to train derailments and other safety issues, persist in Washington Metrorail's track inspection program, according to a scathing new report from federal investigators. Among the findings include: track inspectors have inadequate training; there is insufficient time for track inspection; there is not a clear process for track inspectors and supervisors to impose and remove speed restrictions; there is a failure to use inspection data to inform and ...

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  • RBI keep key rates unchanged

    RBI keep key rates unchanged

    Added to the rate cuts are RBI actions on the liquidity front, which have created a condition where on some days, banks have parked their excess money with RBI using the reverse repo facility. Some new concern may crop up after the FCNR (B) redemptions, Rajan said. "At the core of the monetary policy, is the desire to see a sustainable growth rate along with empowering the banks to lend more at competitive rates", Assocham Secretary General D.S.

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  • China's straddling bus hits wall of criticism and doubt

    China's straddling bus hits wall of criticism and doubt

    Authorities in Qinhuangdao City have also admitted they were unaware of the test taking place. At which the developer company said that the test was part of its internal testing and that a "test run" will be held later on. The Chinese government took severe action against this type of funding, and many government departments have refused to acknowledge their relationship with the project, including the municipal development and reform commission in Qinhuangdao and Shanghai Jiaotong ...

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  • Vail to buy Whistler ski resort

    The company has moved aggressively in recent years to geographically diversify in response to increasingly unpredictable weather and snowfall. "We have felt for a long time that Whistler (Blackcomb) is really the best positioned North American resort to benefit from the growth that we expect in outbound Chinese ski visitation, especially as China starts to ramp up towards the 2022 Beijing Winter Olympics", said Vail CEO Rob Katz on Monday.

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  • Rajan Holds Rates Steady in Final RBI Policy Review

    Rajan Holds Rates Steady in Final RBI Policy Review

    The process is also underway to set up a six-member Monetary Policy Committee. "This is my last policy statement", he said. It reminds us of how much India has changed under his term, and how Rajan continues to surprise and educate as one of the country's sharpest minds.

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  • Clinton camp fires back at Trump tweet

    She does not support Hillary Clinton either, she wrote. Collins has a 79% approval rating in ME, and she hails from the state's second congressional district. "We will accept the commission's invitation and expect Donald Trump to do the same". Ex-GOP security leaders: Trump puts u.s. The anti-Trump Republicans join members of the security establishment who have already come out against the nominee, including former Central Intelligence Agency director Michael Morell, who last Friday ...

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  • Hillary Clinton:

    Hillary Clinton: "Don't Let a Friend Vote Trump"

    The first question was about what he thought after watching a recent Packers practice. Clinton said she will put coal miners out of business. "We are not interested in economic plans that only help the top 1 percent", Clinton said in St.

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  • ASEAN deadlocked on South China Sea, Cambodia blocks statement

    ASEAN deadlocked on South China Sea, Cambodia blocks statement

    Kerry told a news conference on Tuesday that "we don't take a position, as I said earlier, on the claimants" in the South China Sea issue. Rice is the highest-level White House official to visit China since the July 12 ruling that invalidated Beijing's vast claims in the South China Sea , handing a victory to the Philippines , a USA ally.

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