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Nearly 100 children dead as world's 2nd-largest Ebola outbreak surpasses 800 cases

Nearly 100 children dead as world's 2nd-largest Ebola outbreak surpasses 800 casesThe second-largest, second-deadliest Ebola outbreak in history has claimed the lives of nearly 100 children. At least 97 children, 65 of whom were younger than 5 years old, have died from Ebola virus disease in the eastern Democratic Republic of the Congo since the outbreak was declared there Aug. 1, according to a press release from Save the Children, a charity supporting the fight against the current epidemic. "We are at a crossroads," Heather Kerr, Save the Children's country director in the Democratic Republic of the Congo, said in a statement Sunday.


  • February 11th 2019 at 12:52

Malaysian ex-PM Najib combative ahead of 1MDB graft trial

Malaysian ex-PM Najib combative ahead of 1MDB graft trialKUALA LUMPUR, Malaysia (AP) — From appearing in an R&B music video and trolling social media to vilify the new government, former Malaysian Prime Minister Najib Razak has been combative before the start of his graft trial, linked to the multibillion-dollar looting of the 1MDB state investment fund that has battered the country's standing abroad.


  • February 11th 2019 at 12:51

Tesla shares jump after Canaccord Genuity upgrades the stock and predicts 40% rally from here

Tesla shares jump after Canaccord Genuity upgrades the stock and predicts 40% rally from hereCanaccord Genuity upgraded Tesla to buy from hold and raised its 12-month price target to $450 from $305.80.


  • February 11th 2019 at 12:49

Binance Coin Spiked 75% in 1 Month While Crypto Market Snoozed; What’s Driving its Rally?

Binance Coin Spiked 75% in 1 Month While Crypto Market Snoozed; What’s Driving its Rally?Since January 14, the price of Binance Coin (BNB) has increased from $5.54 to $9.7, by more than 75 percent against the U.S. dollar. In the same time frame, the valuation of the crypto market dropped slightly by $3 billion from $124 billion to $121 billion. BNB has outperformed the rest of the crypto market by a substantial margin and has become a top 10 cryptocurrency for the first time in its history after recording a 6 percent gain on the day. What’s Pushing Binance Coin Up and What’s the State of the Crypto Market? The primary contributing factors of


  • February 11th 2019 at 12:43

Just Eat Urged to Seek Merger by Shareholder Cat Rock

Just Eat Urged to Seek Merger by Shareholder Cat RockThe Greenwich, Connecticut-based investment firm sent an open letter to Just Eat’s board of directors saying it made a mistake in appointing Peter Plumb as CEO in 2017. “You basically have a situation where you can get a world-class CEO and delivery capabilities, while also potentially securing a premium valuation for shareholders,” Alex Captain, founder of Cat Rock, said in a phone interview. Plumb stepped down last month, and Cat Rock said Just Eat has ignored two suggestions of potential replacements who have experience in online food delivery.


  • February 11th 2019 at 12:36

Net Outflows to Hurt AllianceBernstein's (AB) Q4 Earnings

Net Outflows to Hurt AllianceBernstein's (AB) Q4 EarningsAllianceBernstein's (AB) Q4 earnings are expected to be adversely impacted by net outflows and equity market volatility.


  • February 11th 2019 at 12:36

Just Eat Urged to Seek Merger by Shareholder Cat Rock

Just Eat Urged to Seek Merger by Shareholder Cat RockThe Greenwich, Connecticut-based investment firm sent an open letter to Just Eat’s board of directors saying it made a mistake in appointing Peter Plumb as CEO in 2017. “You basically have a situation where you can get a world-class CEO and delivery capabilities, while also potentially securing a premium valuation for shareholders,” Alex Captain, founder of Cat Rock, said in a phone interview. Plumb stepped down last month, and Cat Rock said Just Eat has ignored two suggestions of potential replacements who have experience in online food delivery.


  • February 11th 2019 at 12:36

FDA Commissioner Suggests Using Blockchain for New Supply Chain Open Pilot

FDA Commissioner Suggests Using Blockchain for New Supply Chain Open PilotThe Commissioner of the United States Food and Drug Administration (FDA) has suggested the use of blockchain for an open pilot scheme for the pharmaceuticals industry. The pilot focuses on improving supply chains and was announced in a notice published Feb. 8. The Pilot Project Program Under the Drug Supply Chain Security Act (DSCSA Pilot Project Program), which aims to ingratiate industry players with emerging innovative technologies, will accept applications through March 11.


  • February 11th 2019 at 12:32

UK posts slowest growth in six years as Brexit looms

UK posts slowest growth in six years as Brexit loomsThe British economy grew at its slowest pace in six years in 2018, data showed Monday, as Brexit uncertainty grips the country and fears grow that Britain could crash out of the EU without a deal. The bleak official figures came as the British government seeks to win more time to secure EU concessions on Brexit that could pass the UK parliament and avert a chaotic split from the bloc on March 29. Businesses are on edge with Britain just weeks away from its scheduled departure from the European project after 46 years and still with no firm arrangements in place.


  • February 11th 2019 at 20:25

Salt Lake City Journal

Salt Lake City JournalOn the flight from New York to Salt Lake City, there is a Mormon missionary, whose nametag identifies him as an “Elder.” This always makes me smile a bit. • In the airport, there is a small crowd of people, ready to greet the returning missionary.


  • February 11th 2019 at 12:30

The Upside of β€˜Sabotaging’ Obamacare

The Upside of ‘Sabotaging’ ObamacareIn a recent piece for the print magazine, I wrote that the Republican party, however ineptly and inadvertently, might have stumbled into a health-care policy that actually works. Obamacare still exists for all those who want it: The law’s subsidies ensure that the poor and middle class can buy insurance for a reasonable percentage of their incomes, and the exchanges have robust protections for people with preexisting conditions. The individual mandate is dead this year, so people who don’t want insurance don’t have to buy it.


  • February 11th 2019 at 12:30

From Foxconn to Electrolux, Corporate Welfare Is a Dead End

From Foxconn to Electrolux, Corporate Welfare Is a Dead EndConfusion reigns in Wisconsin, where Foxconn Technology Group has been sending mixed signals as to whether it will ever build a much-promised manufacturing plant. Meanwhile, Electrolux announced last week that it will cease production at its plant in Memphis, which opened in 2014 with $150 million in financial incentives from the state, the city, and Shelby County. Memphis mayor Jim Strickland called the news “disappointing” and vowed to “defend our investment.” Good luck with that.


  • February 11th 2019 at 12:30

Krugman Sees Possible U.S. Recession With Little Fed Wiggle Room

Krugman Sees Possible U.S. Recession With Little Fed Wiggle Room“There seems to be an accumulation of smaller problems and the underlying backdrop is that we have no good policy response,” he said in a Bloomberg Television interview in Dubai. The headwinds facing the economy prompted the Federal Reserve to this month to halt its interest-rate hiking cycle, which Krugman said was never “grounded in the data” to begin with. “I wouldn’t be as definitive, but it seems pretty likely,” Krugman said.


  • February 11th 2019 at 12:30

Are We Really on the Brink of Electing a Socialist President?

Are We Really on the Brink of Electing a Socialist President?Increasingly, the Democratic party seems to think so. This kind of view has long had a space in the Democratic party — recall Huey Long’s slogan, “Every man a king” — but it seems to be going mainstream. The wacky ideas of Alexandria Ocasio-Cortez are not limited to the lefty fringe of the House backbench but instead are being endorsed by major presidential candidates.


  • February 11th 2019 at 12:30

How about a Little John Paul II for the Women in White?

How about a Little John Paul II for the Women in White?On Bleecker Street in Manhattan, there is Planned Parenthood, and there is also a boutique for pregnant women. Instead, the Democratic party most noticeably and alarmingly appears to be doubling down on brutality.


  • February 11th 2019 at 12:30

Pompeo in Hungary hoping to woo Orban away from Moscow

Pompeo in Hungary hoping to woo Orban away from MoscowUS Secretary of State Mike Pompeo arrived in Hungary on Monday, on the first leg of a European tour, hoping that economic and defence incentives will dissuade Prime Minister Viktor Orban from getting too close to Russia. Pompeo is set to meet Orban on the one-day trip to Budapest, from where he will proceed to Slovakia, another NATO ally that has seen few recent senior US visitors. The focus of Pompeo's trip to Europe is a US-driven conference on the Middle East in Poland later this week, which has been toned down after European allies were uneasy about promoting President Donald Trump's hawkish line on Iran.


  • February 11th 2019 at 12:25

Airopack's debt revamp collapses, cites accounting issues

Airopack's debt revamp collapses, cites accounting issuesShares in the company, which makes plastic aerosol dispensers for Procter & Gamble's Gillette shaving cream, fell as much as 60 percent and have lost almost all their value since hitting 13.5 Swiss francs ($13.46) three years ago. Airopack, whose net loss topped 40 million euros ($45.3 million) in 2017, has been seeking to slash debt via a recapitalization plan announced on Nov. 30. Airopack said it would seek a short period of debt relief with Swiss courts in order to gain breathing room, negotiate with lenders and seek to avoid bankruptcy proceedings.


  • February 11th 2019 at 12:19

No consensus yet for Syria return: Arab League chief

No consensus yet for Syria return: Arab League chiefThe Arab League said on Monday there was no consensus yet among member states that may allow the reinstatement of Syria's membership which was suspended in 2011 over its crackdown on protesters at the start of the civil war. U.S.-allied Arab states including Qatar, Saudi Arabia and the United Arab Emirates backed the opposition to President Bashar al-Assad for years but Damascus was able to steadily crush rebel fighters with military backing from Russia and Iran. In a big diplomatic boost for Assad, the United Arab Emirates reopened its embassy in Damascus in December, saying it aimed to normalize ties and curb risks of regional interference in “Arab, Syrian affairs” - an apparent reference to non-Arab Iran and Turkey.


  • February 11th 2019 at 12:14

Brexit is clearly taking its toll on UK economic growth

As is so often the case, the most interesting detail in today's economic growth numbers were to be found somewhere beneath the surface.

  • February 11th 2019 at 12:10

UBS revamps compensation scheme for 10,000 staff

UBS revamps compensation scheme for 10,000 staffUBS has reorganized its pay policy for 10,000 back-office workers, Switzerland's biggest lender said on Monday, changing how their bonuses are calculated. The staff -- mainly working in functions like human resources, marketing and communication -- will have their bonuses shifted from a variable scheme to a fixed percentage of their salary. "While not guaranteed, variable compensation is anticipated to be around one-half of a month's salary.


  • February 11th 2019 at 12:07
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