• Trump’s Foxconn factory deal in Wisconsin is close to falling apart
Trump’s Foxconn factory deal in Wisconsin is close to falling apart

So far it has hired 178 employees. One Foxconn representative told Reuters that the company simply couldn't afford to pay American workers living wages to manufacture panels. A spokeswoman for Wisconsin Gov. But Walker, a Republican, was defeated for re-election in November by the new governor, Democrat Tony Evers, who had questioned the size...

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  • United States confirms China trade talks to begin this week in Washington
United States confirms China trade talks to begin this week in Washington

The Trump administration will press China to prove it can keep promises in talks this week aimed at ending the trade war, Treasury Secretary Steven Mnuchin said, as the US ratcheted up legal pressure on one of the biggest examples of Chinese technological might.

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  • Volkswagen is bringing back the dune buggy
Volkswagen is bringing back the dune buggy

And soon, it will be making a return but with an electric heart. The original beach buggies sported insane metallic colours but in the teaser, the concept seems to be bathed in a dark green hue. Volkswagen in January said that it was in constructive talks to share the MEB platform with Ford, with which it entered into a wide-ranging partnership.

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  • US Fed keeps interest rate unchanged, says will be 'patient'
US Fed keeps interest rate unchanged, says will be 'patient'

The Federal Reserve will not hike interest rates for now, placating investors who worry that agressive rate hikes will negatively impact the markets. On Wednesday, there was no mention of tightening. Read: We're good for now. Some analysts take the Fed's latest comments to mean that the body will not raise rates in March either.

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  • Musk not worried about Tesla Model 3 demand, but Wall Street is
Musk not worried about Tesla Model 3 demand, but Wall Street is

Musk noted that after a year that was both challenging, and its most successful, Tesla had grabbed 80 per cent of the EV market in the United States, with the Model 3 being the most successful premium vehicle of any type. FILE PHOTO: A 2018 Tesla Model 3 electric vehicle is shown in this photo illustration taken in Cardiff, California, U.S., June 1...

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  • India’s unemployment rate hit 45-year high in 2017/18
India’s unemployment rate hit 45-year high in 2017/18

But another senior official, dealing with data, said the government was delaying the release of the survey as the findings were so dismal, and there were plans to incorporate data on persons added in the social security network that could help improve the overall picture.

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  • Ghosn blames 'rivals' inside Nissan for arrest, denies allegations
Ghosn blames 'rivals' inside Nissan for arrest, denies allegations

He remains in detention following his arrest and indictment on charges related to breach of trust and understating his salary. The financial daily said it spoke with Ghosn for 20 minutes earlier in the day at the Tokyo Detention Center, where the 64-year-old star executive has been held since Nov 19.

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  • United States makes formal extradition request for Huawei CFO
United States makes formal extradition request for Huawei CFO

Huawei was charged for having violated sanctions against Iran by selling equipment and for having stolen trade secrets and United States technologies, particularly from American telecommunications company T-Mobile. Whitaker said. This came after China arrested and detained two Canadian citizens and ordered the death of a drug smuggler who is a...

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  • Venezuela's Maduro offers to negotiate with opposition
Venezuela's Maduro offers to negotiate with opposition

Warning that USA military intervention could lead to a Vietnam War-style conflict, Venezuelan President Nicolas Maduro has said that while he's willing to open talks with opposition leaders he will not bow to the demands of foreign "imperialists" and accused the us government and other right-wing forces-like was done in Iraq and elsewhere-of tr...

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  • USA lifts sanctions on Rusal, other firms linked to Russia's Deripaska
USA lifts sanctions on Rusal, other firms linked to Russia's Deripaska

It added that the companies had agreed to "unprecedented transparency for the Treasury into their operations" including extensive auditing, certification and reporting requirements. "Any deal with Canada would allow 2.5 million tonnes of primary aluminum to enter the USA duty-free and significantly dilute the proportion of US imports from duty-paid...

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  • Caterpillar posts profit miss as China slowdown hits demand
Caterpillar posts profit miss as China slowdown hits demand

Wynn Resorts Ltd, scheduled to report Wednesday, gets more than 70 percent of its revenue from China. Fear of a potential recession took its toll on the stock market at the end of 2018, and the S&P 500 fell almost 20 percent between setting its record on September 20 and Christmas Eve.

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  • Tyson, Perdue Issue Chicken Nugget Recalls
Tyson, Perdue Issue Chicken Nugget Recalls

The nuggets were shipped to retail locations across the country, including Pennsylvania, Ohio and West Virginia. Tyson reports all of the 36,420 pounds of recalled frozen chicken nuggets were produced on November 26, 2018. "FSIS is concerned that some product may be frozen and in consumers' freezers". There haven't been any reports of the produ...

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  • 1st LD: Death toll from Brazil dam disaster climbs to 84
1st LD: Death toll from Brazil dam disaster climbs to 84

Brazilian authorities arrested five people Tuesday in connection with a dam collapse that killed at least 65 people and left almost 300 missing, and dead fish were seen downstream floating at the banks of a river that an indigenous community depends on for food and water.

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  • Notice: US suspends mail delivery Wednesday
Notice: US suspends mail delivery Wednesday

Many cities, towns and communities in our viewing area will have their mail services suspended Wednesday. Classes were canceled in several of those same states due to the extremely low temperatures. There will be no mail collection for businesses or collection boxes and no residential package pick-up service. USPS says retail operations at loca...

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  • Venezuela targets Guaido with probe, travel ban, asset freeze
Venezuela targets Guaido with probe, travel ban, asset freeze

The measures triggered higher global oil prices and angry responses from China and Russian Federation. The measures triggered higher global oil prices, angry responses from China and Russian Federation and the first serious moves against Guaido since he challenged Maduro's claim on the presidency last week.

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  • Porsche Taycan to come with free public charging in the US
Porsche Taycan to come with free public charging in the US

Speaking to Bloomberg , the exec highlighted that owners of the Taycan "will get three years of free charging at stations that'll have a minimum of two 350-kW chargers". Porsche would also be releasing products for home charging solutions. Porsche won't leave Taycan owners to their own devices when it comes time to charge their electric sedans...

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  • Florida man finds WWII grenade, brings it to Taco Bell
Florida man finds WWII grenade, brings it to Taco Bell

The bomb squad removed the grenade without incident and later disposed of it safely, the police department said. The fisherman called 911 from the Taco Bell at about 5 p.m. Though one could argue any trip to Taco Bell ends with a few explosions, CNN reported that the bloke had actually been out "magnet fishing" earlier that day and managed to...

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  • United States hits 'corrupt' Venezuela oil firm PDVSA with sanctions
United States hits 'corrupt' Venezuela oil firm PDVSA with sanctions

He said only that all his talks with heads of state have focused on resolving Venezuela's humanitarian crisis and restoring democracy. The foreign minister of Venezuela is urging talks between the Maduro regime and President Trump. "On 25 January, Secretary of State Michael R. Pompeo certified the authority of Venezuela's interim President Jua...

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  • UK Retailer Tesco Restructuring Threatens 9,000 Jobs
UK Retailer Tesco Restructuring Threatens 9,000 Jobs

Tesco, which will need to consult with staff before any action is taken, declined to discuss the plans. Around 10,000 jobs have already been axed by Tesco, Britain's biggest supermarket chain, since 2014. It recorded a record loss of £6.4 billion in 2015, but rebounded into profit the following year after initial rounds of job losses and asset sa...

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  • MPs to debate Brexit plans
MPs to debate Brexit plans

Meanwhile, Imperial College London and Liverpool university experts warned rising fruit and veg prices after a no-deal could lead to thousands more deaths from heart attacks and strokes. "We have the vote tonight and then we will take it from there", he said. British MPs were tabling proposals "uninhibited by any knowledge of what is actually i...

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