• Iran launches 'test missiles' near U.S. warships
Iran launches 'test missiles' near U.S. warships

Truman in the Strait of Hormuz, AFP  reports . Raines added in his statement that  Iran's  test-firing of the  rockets  near the  United States  ships and other nearby merchant traffic "runs contrary to efforts to ensure freedom of navigation and maritime safety in the global commons".

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  • Apple might cut iPhone 6s production by up to 30% this quarter
Apple might cut iPhone 6s production by up to 30% this quarter

The Wall Street Journal claims, citing "three sources familiar with Apple's supply chain", that the company has notified its suppliers in China to slow down production. This, according to analysts, could be an indication of the saturating iPhone market. "But this year, Foxconn will have a normal break", the person said, referring to the Lunar Ne...

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  • Volkswagen May Buy Back Over 100K Diesel Cars in the US
Volkswagen May Buy Back Over 100K Diesel Cars in the US

With Volkswagen citing German privacy law, New York Attorney General Eric Schneiderman said the German automaker "has failed to pursue every avenue to overcome the obstacles". In addition to producing far more pollution than allowed, experts say the excess nitrogen oxide and particulate emissions from the more than half-million VW vehicles had a hu...

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  • USA stock market experiences 120-year-old decline
USA stock market experiences 120-year-old decline

Eastern. The Standard & Poor's 500 index lost 27 points, or 1.4 percent, to 1,963. The benchmark Shanghai Composite Index rose 2 percent to 3,186.41 after swinging between gains and losses. US crude fell 11 cents to close at $33.16 a barrel in NY and Brent crude, a benchmark for worldwide  oils , declined 20 cents to $33.55 a barrel in London.

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  • Malaysia Airlines to permit baggage on European routes
Malaysia Airlines to permit baggage on European routes

Malaysia Airlines (MH, Kuala Lumpur Int'l) has begun offering its B777 type-rated crews alternative employment opportunities within the Group among other options as indications that the carrier is indeed planning to end B777-200(ER) operations at the end of the quarter grow stronger.

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  • USA stocks fall about 1.5% as global rout deepens
USA stocks fall about 1.5% as global rout deepens

Shares of Woodside Petroleum were down over 3% as oil prices slid after data showed a surprising build-up of United States gasoline stocks, adding to fear of a growing global glut. China's central bank set a weaker yuan guidance rate for the eighth day, pushing offshore yuan to its lowest level since March 2011. The dollar was up against all the ...

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  • Oil price hits 12-year low
Oil price hits 12-year low

Oil prices rose more than 2 percent on Friday, following China shares higher after Beijing deactivated a circuit breaker mechanism that was blamed for aggravating equity market crashes, although a persistent global crude surplus kept a lid on gains.

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  • Flooding Continues, More Evacuations Ordered
Flooding Continues, More Evacuations Ordered

Wet boxes and possessions are removed from O'Dells Irish Pub and Ale House in Eureka, Missouri on January 2. (Jennie Crabbe/St. Louis Post-Dispatch via AP). With wastewater plants closed or damaged by the floods - and in one case, sewage pouring into the MS - beer giant Anheuser-Busch has donated almost 33,000 water cans in Oklahoma and around St...

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  • Rancher: Warrants issued in OR standoff
Rancher: Warrants issued in OR standoff

A sign referencing Ammon Bundy and his brother, who are the sons of Nevada rancher Cliven Bundy, hangs on a tree in front of a home Tuesday, Jan. 5, 2016, in Burns, Ore. The Bundy's group seized buildings Saturday at the nature preserve in eastern Oregon's high desert country. Finicum says authorities hadn't shut off power to the refuge's headqua...

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  • Chinese build giant statue of Mao Zedong in Tongxu village
Chinese build giant statue of Mao Zedong in Tongxu village

Mao's so-called " Great Leap Forward " plan to spur modernization has been blamed for a famine that killed millions of people in China between 1959 and 1962, with some estimates saying starvation was responsible for the deaths of as many as 45 million.

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  • Get Zzz's Anywhere With This Inflatable Hoodie
Get Zzz's Anywhere With This Inflatable Hoodie

The company launched a Kickstarter campaign for the Hypnos Hoodie on November 13, and it's raised over $117,000 (about £80,000, AU$165,000) on the company's $30,000 (about £20,000, AU$42,000) initial goal. The company says the hoodie, which comes fitted or in a looser, relaxed style, is also easy to deflate and "discreet", meaning no one will n...

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  • Chinese Stock Market Tanks, Trading Halted
Chinese Stock Market Tanks, Trading Halted

The Shenzhen Composite Index, which tracks stocks on China's second exchange, had tumbled 8.35 percent, or 178.08 points, to 1,955.88. Government measures introduced a year ago to prop up share prices after a meltdown in June are being gradually withdrawn while investors are also unnerved by possible signs China's economy is in worse condition th...

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  • Former Texas A&M QB, Five-Star Recruit Kyle Allen Lands at Houston
Former Texas A&M QB, Five-Star Recruit Kyle Allen Lands at Houston

The Houston Chronicle first reported Allen's decision on Tuesday, the same day his backup at A&M, Kyler Murray, chose to transfer to Oklahoma . As a freshman, Scottsdale, Ariz., native threw for 1,322 yards and 16 touchdowns against seven interceptions on 118-of-192 passing.

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  • The winning Powerball numbers are
The winning Powerball numbers are

The largest ever Powerball jackpot victor in Kansas was Donald Damon of Great Bend, who won $96 million in November 2009. Ticket sales for this drawing period, which began Monday, were up to $667,000 early Wednesday, state lottery director Bishop Woosley said in an email.

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  • Macy's closing dozens of stores, cutting thousands of jobs after weak sales
Macy's closing dozens of stores, cutting thousands of jobs after weak sales

Macy's  - an anchor tenant of the Berkshire Mall since 1994 - will be closing, the company announced on Wednesday. A US strong dollar also continued to weigh on spending from global tourists. The company will report its 2015 fourth quarter and full year financial results on February 23 before the market open. Shares of  Macy's  have plunged more ...

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  • NASA's Mars Curiosity rover maneuvers to other side of Martian Dune
NASA's Mars Curiosity rover maneuvers to other side of Martian Dune

This image combines multiple snaps from Curiosity's Mastcam , revealing fine details of the downwind face of Namib Dune. "As on Earth, the downwind side of a sand dune has a steep slope called a slip face", reads an announcement by NASA about the Martian landscape.

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  • Broken rails mess up evening rush hour commute in Manhattan and Queens
Broken rails mess up evening rush hour commute in Manhattan and Queens

A routine maintenance check found rail defects in the southbound tracks near both the 5th Avenue-59th Street and Queensboro Plaza NQR stations at 2:37 p.m., MTA spokeswoman Amanda Kwan said. Southbound R trains were rerouted on the F line from 36th St.in Queens to W. 4th St.-Washington Square, then on the D line to DeKalb Ave.in Brooklyn.

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  • China selloff sparks gloomy 2016 start for stocks
China selloff sparks gloomy 2016 start for stocks

The Caixin/Markit index of Chinese manufacturing, which is based on a survey of factory purchasing managers, fell to 48.2 points in December from 48.6 the previous month, marking contraction for the 10th straight month. As of Monday, if China's CSI 300 index moves by 7 per cent, trading is automatically halted for the day. The grim start to 2...

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  • CEO of troubled pharmaceutical company Valeant admitted to hospital with
CEO of troubled pharmaceutical company Valeant admitted to hospital with

They now have a $121.12 price objective on the specialty pharmaceutical company's stock. Pearson's recent deal with Walgreens Boots Alliance Inc.to sell Valeant's products in their pharmacies at a discount represents the company's efforts to demonstrate sound practices to their investors, but the company's stock paints a different picture altoget...

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  • CDC: new E. coli strain linked to Chipotle Mexican Grill
CDC: new E. coli strain linked to Chipotle Mexican Grill

The most recent illness in this outbreak reported to CDC started on November 3, 2015. US health officials are investigating Chipotle Mexican Grill restaurants for a possible connection to an outbreak of a different strain of E. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and sho...

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