• Toshiba says may book write-down of several billion dollars
Toshiba says may book write-down of several billion dollars

Such a hit would be another slap in the face for a sprawling conglomerate hoping to recover from a $1.3 billion accounting scandal as well as a writedown of more than $2 billion for its nuclear business in the last financial year."This will come as an additional shock to Toshiba's institutional investors that may further undermine confidence in com...

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  • Best of NBA: Pistons rout Cavaliers, 106-90, with LeBron resting
Best of NBA: Pistons rout Cavaliers, 106-90, with LeBron resting

LeBron sitting out shouldn't be a surprise since it's the second night of a back-to-back and he was iffy at best coming in, plus the Cavs are in a stretch where they play five times in seven nights. Kyle Lowry scored 27 points - 20 in the second half - while DeMar DeRozan collected 20 points, 10 rebounds and seven assists to hand Portland a sixth s...

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  • Trump Ridiculously Claims Every Penny Raised by Foundation Goes to Charity
Trump Ridiculously Claims Every Penny Raised by Foundation Goes to Charity

Opinion: New Giving Landscape Puts Pressure on United Way: The organization's model of collecting workplace donations and redistributing them to worthy charities may have less value for donors in a world of online giving, highly targeted appeals, and watchdog sites that help people vet nonprofits on their own, New York Times financial columnist ...

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  • Oil edges further above $55 ahead of supply cut deal
Oil edges further above $55 ahead of supply cut deal

Oil markets were closed on Monday after Christmas holiday. The February contract for Brent crude futures climbed 85 cents, or 1.5%, to $56.01 a barrel at 4:07 pm ET. It said it could add 270,000 bpd within three months. Investors were in wait-and-see mode ahead of a landmark agreement by the Organization of the Petroleum Exporting Countries (OP...

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  • South Africa openers dismissed after giving solid start
South Africa openers dismissed after giving solid start

Kagiso Rabada picked up his first for the series, as he got skipper Mathews caught by Elgar at third slip. "People expect us to beat Sri Lanka but that's not certain", du Plessis told reporters in the build-up to the first Test. Sri Lanka star Dinesh Chandimal has admitted his team made too many errors as they allowed Sri Lanka to take co...

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  • Europe's weakest bank needs even more help
Europe's weakest bank needs even more help

The European Central Bank said the troubled Italian lender Monte dei Paschi di Siena needs about Euro 8.8 billion, or $9.2 billion, bailout. Monte dei Paschi, Italy's third-largest bank, said it was asking the ECB for details of how it arrived at the higher figure.

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  • Iran says it's getting Boeing planes at half price
Iran says it's getting Boeing planes at half price

The Republican-led House of Representatives last month voted to bar commercial aircraft sales to Iran in a move that could block the Boeing deal. National carrier IranAir operates some of the world's oldest airliners. The Boeing deal reached earlier this month signaled renewed interest of foreign business in Iran. Airbus needed US approval becaus...

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  • A&E Cancels KKK Docuseries Following Criticism
A&E Cancels KKK Docuseries Following Criticism

The network also said civil rights organizations including the Anti-Defamation League and Color of Change will create educational curricula and other materials to help contextualize the show's content. Following the backlash over its provocatively titled show "Generation KKK," A&E is making changes. In fact, they still stand by the show. The netw...

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  • BOX BACK: Recycle boxes to support Goodwill
BOX BACK: Recycle boxes to support Goodwill

Then put the box in the mail or give it to UPS. Amazon has partnered with Goodwill for an ingenious program. Goodwill Industries International, a non-profit United States organisation that provides job training, employment placement services and other community-based programmes for people who had barriers preventing them from otherwise obtaining ...

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  • Chelsea 2-0 Bournemouth player ratings: Hazard stars with a 9
Chelsea 2-0 Bournemouth player ratings: Hazard stars with a 9

The Blues are looking pretty much unstoppable at the moment and it will take a huge effort from the likes of Liverpool, Manchester City and Arsenal to catch the leaders. Diego Costa's one-match ban meant Conte was forced to reshuffle his forward line for the first time since his team embarked on their winning run, with Michy Batshuayi hoping to mak...

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  • Jewish New Yorkers feast on Hanukkah doughnuts in East Village
Jewish New Yorkers feast on Hanukkah doughnuts in East Village

The Jewish calendar is lunar and the secular or Gregorian calendar is solar. The Jewish celebration follows the Hebrew calendar, which is based on the moon's rotation around the earth. The Jackson Hole Jewish Community also celebrated Hanukkah by raising money for Vertical Harvest, One22 and the Animal Adoption Center. Eight candles represent the...

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  • Netanyahu Summons Ambassadors for Christmas Day Scolding Over UN Vote
Netanyahu Summons Ambassadors for Christmas Day Scolding Over UN Vote

U.S. ambassador the UN Samantha Power explains her country's decision. Al-Maliki said that the PA is going to send a delegation to meet with Egyptian and Arab officials and discuss the reasons which pushed Cairo to withdraw their support for the resolution.

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  • Asad Shafiq relishes Boxing Day Test opportunity
Asad Shafiq relishes Boxing Day Test opportunity

Australia's then coach, Mickey Arthur, said Starc "took it very well". Sixty thousand are expected on the first day and only Misbah-ul-Haq, Younis Khan and Mohammad Amir know what it is like to perform in front of a Boxing Day crowd. He enters this year's Melbourne Test having sent down 56 overs in Australia's win over Pakistan at the Gabba - his...

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  • Why did German and Swiss banks decide to pay USA penalties?
Why did German and Swiss banks decide to pay USA penalties?

News of the settlements came after the Justice Department sued Britain's Barclays Bank on Thursday, accusing it and its employees of misrepresenting the quality of the loans they sold to tens of thousands of investors. The Deutsche Bank agreement lessens the financial cloud over the bank's stock, since it had earlier this year said it might hav...

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  • China slaps GM with $29M fine over price-fixing charges
China slaps GM with $29M fine over price-fixing charges

They have declined 3.3 percent since December 14 when Bloomberg News reported that GM's joint venture in China was being investigated for possible antitrust violations. SAIC General Motors, GM's primary auto venture in China, set minimum prices for dealers to sell some models, monitored them and punished those who sold cheaper than the limits set, ...

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  • The 4 most common causes of house fires during the holidays
The 4 most common causes of house fires during the holidays

In addition they say you shouldn't be using electric lights on metallic trees; they recommend remote spot or reflective lights. Regularly give the tree plenty of water. Always turn off Christmas tree lights before leaving home or going to bed. Almost half of all decoration fires happen because decorations are placed too close to a heat source, like...

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  • Conway Named Trump Counselor
Conway Named Trump Counselor

Conway, who owns a polling firm, is the first female to run a winning presidential campaign. When Donald Trump moves into the Oval Office, his "right hand man" will be a woman: Kellyanne Conway , who served as director of his Presidential campaign.

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  • United States military site return in Okinawa announced
United States military site return in Okinawa announced

Ambassador to Japan Caroline Kennedy said the land transfer "demonstrates America's continued determination to reduce the impact of our presence here in Okinawa while maintaining our security commitments to the entire nation of Japan". Okinawa alone is host to 74 per cent of the US' military bases in Japan. To address the noise problems and acc...

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  • Alden Global Capital Takes 25% Stake in Fred's
Alden Global Capital Takes 25% Stake in Fred's

The company has a market cap of $9.04B and now has 1.07B shares outstanding. In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator.

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  • Libyan plane hijacked; lands in Malta with 118 passengers onboard
Libyan plane hijacked; lands in Malta with 118 passengers onboard

FLIGHT TERROR What do we know about the Libya plane hijack and what is Afriqiyah Airways' background? At one point while passengers were exiting the plane in Malta, one hijacker briefly appeared at the top of the steps with a plain green flag resembling that of Gaddafi's now-defunct state.

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