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Daily Archives: February 12, 2018

McConnell Opens Immigration Debate Backing Trump’s Framework

Senate Majority Leader Mitch McConnell threw his support behind immigration legislation that tracks President Donald Trump’s framework, making an opening bid in what is likely to be an extended debate with a proposal that’s already been rejected by Democrats. McConnell endorsed a proposal chiefly sponsored by Republican Senators Charles Grassley and John Cornyn that would…

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Who Produced Trump’s Budget? Not Trump

The Office of Management and Budget delivered the presidential budget to Congress on Monday, and Congress reacted predictably. Democrats were quick to jump on various proposals, from cutting Medicare to privatizing the space station. And, oh, those huge deficits. Republicans didn't seem to have much of a reaction at all, and Donald Trump's morning tweets…

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Barnes & Noble cuts staff after dismal holiday season

Barnes & Noble is trimming its staff, laying off lead cashiers, digital leads and other experienced workers in a company-wide clearing, CNBC has learned from sources familiar with the matter. The news came abruptly for many workers who showed up Monday morning at various Barnes & Noble locations to be notified that they no longer…

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Apple, these other stocks have led this monster bounce from last week’s lows

Cboe Global Markets gained 3.3 percent Monday, steadying after a drop of 20 percent last week. The exchange reported quarterly results that narrowly missed expectations, after reporting higher expenses. Some of the exchange's better known products are focused on market volatility. Many hedge funds and individual investors bet heavily on calm markets, and found themselves…

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Trump administration mulls sale of Dulles, Reagan airports

Do you find 13,000 acres of prime real estate in the Washington, D.C. area, complete with a Burberry shop and Starbucks cafes appealing? Such a for-sale advertisement for two of Washington, D.C.'s main area airports may pop soon. The Trump administration on Monday said it is considering selling Washington Dulles International Airport and Ronald Reagan…

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Facebook is suggesting mobile users ‘Protect’ themselves…by downloading a Facebook-owned app that tracks their mobile usage

David Paul Morris | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer of Facebook Inc., speaks during an event in Menlo Park, California. Facebook is now offering some mobile app users a wireless-networking app without first disclosing that it's owned by Facebook, or that it collects information for the social networking company. The app,…

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Boushie family calls for justice reforms

Image copyright Facebook Image caption Colten Boushie The family of a young Canadian indigenous man killed in 2016 are in Ottawa calling for justice system reform. On Friday, a jury acquitted white farmer Gerald Stanley, 56, of second-degree murder in the shooting death of Colten Boushie, 22. The case revealed underlying racial tensions in Canada.…

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