Sunday, November 13, 2016

Egypt to Approach IMF Within Days as Free Currency Trade Debuts and other top stories.

  • Egypt to Approach IMF Within Days as Free Currency Trade Debuts

    Egypt will ask the International Monetary Fund’s executive board within a day or two to consider its $12 billion loan request, Finance Minister Amr El-Garhy said, after the central bank freed the pound’s exchange rate to help spur investments and ease a dollar crunch.The push to finalize the loan comes as Egyptian banks on Sunday began freely trading foreign exchange on the interbank market for the first time. The weakest rate quoted for the currency was 16.55 per dollar, compared with Commerci..
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  • Most Expensive Thing on California's Ballot: a One-Cent Soda Tax.

    Most Expensive Thing on California's Ballot: a One-Cent Soda Tax.
    Photo Volunteers at a phone bank in Oakland, Calif., where they were urging voters to pass a soda tax. Credit Jim Wilson/The New York Times In this most contentious of elections, you wouldn’t think that a soda tax would be the issue to attract the big bucks. But measures in just two California cities have drawn more money than that state’s Senate race and statewide referendums on marijuana legalization and gun control — combined.Soda taxes are on the ballots in San Fran..
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  • Donald's deep cuts: 9 of Trump's lesser-known yet equally ridiculous campaign promises

    Donald's deep cuts: 9 of Trump's lesser-known yet equally ridiculous campaign promises
    This article originally appeared on AlterNet.We’ve all heard Donald Trump bloviate on and on about the big, beautiful wall he absolutely, no-chance-in-hell will actually build. Everyone knows Trump has repeatedly claimed he’s going to deport 11 million immigrants, which he definitely will not be doing. We are now all aware that Trump says he’s going pull the United States out of NATO, ban Muslim immigration and do so much winning that America gets sick of winning, which is con-man-speak for “no..
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  • Colonial Restarts Largest U.S. Gasoline Line After Blast

    Colonial Restarts Largest U.S. Gasoline Line After Blast
    The largest U.S. gasoline pipeline restarted Sunday morning, six days after an explosion and fire in Alabama during planned work on the line.Crews removed the affected portion of the pipeline from the blast on Saturday and installed a new segment. The company said Line 1 resumed service at 5:45 a.m. central time Sunday. The Oct. 31 explosion that killed one worker and injured several also shut a sister pipeline that hauls diesel and jet fuel for several hours. The U.S. National Transportation S..
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  • Oracle gets NetSuite shareholders approval to clinch $9 billion deal

    Oracle gets NetSuite shareholders approval to clinch $9 billion deal
    San Francisco: NetSuite Inc. shareholders endorsed Oracle Corp.’s bid for the software provider, clearing the path for the $9 billion acquisition after weeks of conflict between a large investor and executives over the price tag. The deal received approval from 53%, or 21.78 million shares, of NetSuite stockholders that were eligible to endorse the bid, Oracle said on Saturday in a statement. The approval comes after T. Rowe Price, which recently held about 18% of the stock, publicly..
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  • 3 Proven Ways to Boost Your Retirement Income

    3 Proven Ways to Boost Your Retirement Income
    Image source: Getty Images. Let's face it: Most Americans haven't done an excellent job of saving for retirement. If your current financial situation in retirement isn't shaping up to be as great as you'd like it to be, there are several ways to boost your retirement income. Here are three ways that you could potentially add a steady flow of cash into your pocket after you retire. Maximize your Social Security benefits Although it's not the best move for everyone, one surefire way to boost you..
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  • Business Day|Inquiry in Emissions Scandal Widens to Volkswagen's Top Levels

    Business Day|Inquiry in Emissions Scandal Widens to Volkswagen's Top Levels
    Photo Hans Dieter Pötsch, the chairman of Volkswagen’s supervisory board, at the carmaker’s annual shareholders’ meeting in June. Credit Alexander Koerner/Getty Images FRANKFURT — The investigation into emissions fraud at Volkswagen reached the very top of the company on Sunday after the carmaker said that the chairman of the supervisory board, Hans Dieter Pötsch, is suspected by German prosecutors of violating securities laws.Mr. Pötsch, the former chief financial offi..
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Incoming! How NASA and FEMA Would Respond to an Asteroid Threat .Russian, Syrian Planes Halt Aleppo Airstrikes Ahead of Truce .
This mouse was grown from its mother's skin cells .How New York City can win the food cart war .

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