• US Unemployment at 49-year Record Low, 2.1% for Asian-Americans
US Unemployment at 49-year Record Low, 2.1% for Asian-Americans

Unemployment in the United States fell to its lowest level in almost 50 years last month, while earnings continued to grow. The unemployment rate fell to a five-decade low of 3.6 per cent from 3.8 per cent, though that drop partly reflected an increase in the number of Americans who stopped looking for work.

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  • Facebook's potential settlement with FTC will likely include WhatsApp
Facebook's potential settlement with FTC will likely include WhatsApp

The moves are being considered as part of a settlement between the social media giant and the Federal Trade Commission, who has been investigating Facebook since March 2018 for allowing Cambridge Analytica to access the personal data of almost 90 million Facebook users for political gain, according to Politico .

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  • Warren Buffett calls Fed Chair Jerome Powell right man for the job
Warren Buffett calls Fed Chair Jerome Powell right man for the job

The Fed now has an empty seat on its board, and Trump wants to nominate Stephen Moore, a political commentator who has been criticized in recent weeks for some of his past misogynistic statements about women, to fill it. Labor market conditions, inflation indicators, in addition to readings on financial and worldwide developments were underscored a...

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  • Activision Blizzard unveils first 5 franchises for Call of Duty World League
Activision Blizzard unveils first 5 franchises for Call of Duty World League

This initiative should continue to grow and may be big enough to compliment the launch of this year's big new Call of Duty game . Atlanta's team will be owned by Atlanta Esports Ventures, the Dallas team by Envy Gaming , the NY team by Sterling.VC, the Paris team by c0ntact Gaming, and Toronto team by OverActive Media.

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  • Rate hikes still on the table despite Brexit uncertainties, says Bank
Rate hikes still on the table despite Brexit uncertainties, says Bank

The Bank of England (BoE) has held interest rates at 0.75% due to a growth spurt in Brexit stockpiling however, the Bank warned the boost will be temporary as there is still much uncertainty. Britain's departure from the European Union, lengthy due for March 29, was delayed final month till October 31, except parliament, approves a deal sooner.

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  • Amazon Got a Place in Berkshire Hathaway's Portfolio
Amazon Got a Place in Berkshire Hathaway's Portfolio

Buffett was referring to their portfolio managers either Ted Weschler or Todd Combs for more than $13 bn in equities for Berkshire. Billionaire investor Warren Buffett has said that he underestimated Amazon .com Inc chief executive officer Jeff Bezos, and now one of his deputies is willing to put money behind the technology giant.

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  • Fed chief Powell downplays low inflation, dashing hopes for a rate cut
Fed chief Powell downplays low inflation, dashing hopes for a rate cut

But the Fed's shift on 2019 interest-rate policy - ceasing its program of rate hikes - has been real, and warranted, given the financial market reaction. The chief concern flagged in the policy statement was the now "muted" level of inflation, which continues to fall short of the Fed's 2 percent target.

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  • Tim Cook: iPhone price corrections delivering 'better results' in India
Tim Cook: iPhone price corrections delivering 'better results' in India

It is possible that Apple meant to put a fingerprint scanner into the display as it was developing the iPhone X . Apple ultimately made a decision to go with Face ID instead, thus introducing the world to the dreaded notch design. Another notable financial bump in the company's reporting came from services; Apple clocked $11.5 billion in sales fro...

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  • Facebook Will Let You Talk To Friends Across Messenger, Instagram, And WhatsApp
Facebook Will Let You Talk To Friends Across Messenger, Instagram, And WhatsApp

For those who are still in it for one reason or another, you're getting a new, updated mobile app whether you want to or not. At this year's F8 event, Zuckerberg announced that Facebook Dating is coming to 14 more countries in addition to the five countries in which it is already available.

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  • Range Rover gets new straight-six with mild hybrid tech for 2020
Range Rover gets new straight-six with mild hybrid tech for 2020

The new images were released on World Land Rover Day to mark the 71st anniversary of the original Defender's public debut at the Amsterdam Motor Show in 1948. We also know the MLA platform will allow an electric powertrain to be fitted to the new Defender. Production for the new Defender is slated to kick off at Land Rover's new manufacturing...

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  • Alphabet shares fall as Google's parent company suffers from changes at YouTube
Alphabet shares fall as Google's parent company suffers from changes at YouTube

Revenue increased 17% from the same period last year, down from the third and fourth quarters of last year during which it reported 22% and 21% growth, respectively. The company also has interests in cloud computing, smartphones and self-driving cars. Traffic acquisition costs (TAC ) - what Google pays its partners - amounted to $6.86bn, up fr...

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  • European travellers hit as SAS airline cancels more flights
European travellers hit as SAS airline cancels more flights

SAS pilots went on strike on Friday amid a deadlock in talks on wages, as the company has been cutting costs in a move to compete with regional low-priced airlines such as Norwegian Air and Ryanair. In an interview with CNBC International in October previous year, Chief Executive of Ryanair Michael O'Leary spoke of upcoming over-capacity in the E...

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  • Saudi Arabia, UAE Exaggerating Their Oil Capacities: Iran’s Zanganeh
Saudi Arabia, UAE Exaggerating Their Oil Capacities: Iran’s Zanganeh

Speaking to reporters early on April 26, Trump said "I called up OPEC". There had been expectations that the Trump administration would extend waivers to at least three of the eight countries on its SRE list to avoid chaos in the oil market and to not further strain relations with key geopolitical players, such as Beijing and Ankara.

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  • Apple recalls AC wall plug adapters over electrical shock concerns
Apple recalls AC wall plug adapters over electrical shock concerns

Norfolk County Council trading standards posted the warning on its Facebook page on Friday morning. Apple said at the time that they were sold over twelve years after some were found to cause a risk of electrical shock. It said that affected three-prong wall plug adapters are white, with no letters in the inside slot where it attaches to an A...

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  • Ford says United States opened criminal probe over vehicle emissions
Ford says United States opened criminal probe over vehicle emissions

In a regulatory filing , Ford said: "This matter now focuses on issues relating to road load estimations, including analytical modeling and coastdown testing". A number of different Ford vehicles, like this Ranger, could have mpg and emissions restated. The federal investigation, which is focused on whether the company relied on technology t...

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  • Global software 'glitch' leaves Air India passengers stranded
Global software 'glitch' leaves Air India passengers stranded

Air India's chairman and managing director Ashwani Lohani told ANIthat the system was restored but warned of further delays during the day. Several passengers took Twitter to complained about the delayed flights and shared pictures and videos of crowded airports in Mumbai and Delhi.

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  • Amazon plans to make one-day free shipping Prime’s new default
Amazon plans to make one-day free shipping Prime’s new default

The retailer now offers free two-day shipping on most Prime orders. Amazon also can't compete with Walmart and Target , where ordering online and picking up at a store is becoming more popular with shoppers. Amazon's cloud computing service (AWS) remains the company's stellar performer. Both of those retail giants have spent billions on imp...

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  • Apple is One of AWS's Biggest Clients
Apple is One of AWS's Biggest Clients

Despite all this, Apple now spends more than $30m a month with AWS, people familiar with the matter told CNBC - more than any other publicly announced customer. In the online video market, they are soon-to-be-rivals. People walk past an Apple retail store in Downtown Brooklyn, January 29, 2019 in New York City.

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  • Tesla rival Rivian says Ford Motor invests $500-million in firm
Tesla rival Rivian says Ford Motor invests $500-million in firm

Ford's $500 million investment has seeded Rivian with at least $1.1 billion in outside funding, so now Rivian must deliver on several fronts: Build a new EV for Ford, deliver packages for Amazon , and ship a boatload of trucks to Saudi Arabia.

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  • NVIDIA corrects Musk’s math in self-driving supercomputer showdown
NVIDIA corrects Musk’s math in self-driving supercomputer showdown

Tesla chief executive says the electric vehicle manufacturer will launch a number of robotaxis without human drivers across the United States next year. All in all, it's a pretty lengthy presentation, highlighting that Tesla strongly believes it is miles ahead of the game when it comes to full self-driving technology.

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  • Elizabeth Warren wants Amazon broken up - but still shops there
Elizabeth Warren wants Amazon broken up - but still shops there

Bernie Sanders , former Rep. Beto O'Rourke and Sen. Warren, who is now tied for fifth place among Democratic primary candidates according to the RealClearPolitics polling average , was also the first Democratic presidential hopeful to call on the House of Representatives to initiate impeachment proceedings against President Donald J.

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  • Elon Musk, SEC given one more week to resolve contempt dispute
Elon Musk, SEC given one more week to resolve contempt dispute

The settlement was reached a year ago after Musk tweeted he had secured funding to take Tesla private even though he had not. Lawyers for Tesla CEO Elon Musk and US securities regulators are getting another week to negotiate a deal to keep Musk from being found in contempt of court.

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  • Central Intelligence Agency reportedly says Huawei funded by Chinese state security
Central Intelligence Agency reportedly says Huawei funded by Chinese state security

The total revenue marks a 39 percent year-on-year increase. It also inked 40 commercial contracts for 5G with global carriers and shipped more than 70,000 5G base stations for the quarter. Washington's attempts to persuade other countries to also shun Huawei from 5G networks have so far had mixed results. The U.S.is reportedly planning a meeting ...

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  • Meet Dr Hafeez Sheikh, the new finance adviser
Meet Dr Hafeez Sheikh, the new finance adviser

Pakistan Finance Minister Asad Umar has resigned days after returning home from crucial talks with the International Monetary Fund ( IMF ) on a financial bailout package to avert a national balance of payments crisis. "As part of a cabinet reshuffle, [the] prime minister desired that I take the energy minister portfolio instead of finance", he sa...

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  • Easter egg hunters have two opportunities this weekend in South Delta
Easter egg hunters have two opportunities this weekend in South Delta

The Alan Brookes Nature Centre is opening for the season April 20 and kicking off with an Easter egg hunt, starts 10:30 a.m. Crafts, story-time, games, face-painting and an "upstream obstacle course" will be offered throughout the day. Paul Rogers. Tickets for activities are free, with a $10 purchase at the mall. The West Vancouver Streamkeeper...

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  • Over 100 Car2Go vehicles stolen in Chicago
Over 100 Car2Go vehicles stolen in Chicago

Police confirmed the cars were stolen through "deceptive or fraudulent means through a mobile app". Local reports note some of the vehicles were allegedly being used as getaway cars for other crimes. To address the matter, Car2Go froze its Chicago operations today, saying it is " neutralizing a fraud issue and working together with law enforc...

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  • Carl's Jr. Is Selling a CBD Burger at One Location for 4/20
Carl's Jr. Is Selling a CBD Burger at One Location for 4/20

The burger chain is using the test to determine whether a CBD burger belongs on its permanent menu, said Patty Trevino , senior vice president of brand marketing for Carl's Jr. A company executive told Business Insider that if the test goes well, Carl's Jr. would consider, ahem, rolling it out across America, though it could face challenges wi...

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  • India's Jet Airways suspends all operations
India's Jet Airways suspends all operations

Jet Airways is flying its last flight tonight as it temporarily shuts down operations. "Unfortunately, despite its very best efforts, the airline has been left with no other choice today but to go ahead with a temporary suspension of flight operations".

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  • International Monetary Fund warns of 'dangerous' results as Trump criticises Fed
International Monetary Fund warns of 'dangerous' results as Trump criticises Fed

President Donald Trump is considering nominating Herman Cain , a political director and former presidential candidate, for a seat to the Federal Reserve board , according to news reports . Moore also said he would not be the first member of the board with close ties to a sitting president, referencing former Chairman Ben Bernanke, who serve...

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  • Prosecutors to meet with Bezos in blackmail case
Prosecutors to meet with Bezos in blackmail case

The National Enquirer , which is under fire for paying hush money to a former model linked to US President Donald Trump , is on the auction block. Bezos says the Enquirer threatened to publish explicit photographs of him unless he stopped investigating how the magazine obtained private texts between Bezos and his mistress.

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