Category: Business
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Asian stocks mixed after Wall Street rises to record
TOKYO (AP) — Global shares mostly dipped Thursday as several companies estimated that the outbreak of the new coronavirus in China will weigh on their earnings.
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Can AI flag disease outbreaks faster than humans? Not quite
BOSTON (AP) — Did an artificial-intelligence system beat human doctors in warning the world of a severe coronavirus outbreak in China?
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Stocks open higher on Wall Street led by tech and banks
TOKYO (AP) — Shares were mixed Thursday in Asia after Wall Street recovered to record highs, but worries persist about damage to the regional economy from the new virus that began in China.
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Another Catholic diocese seeks bankruptcy after abuse deals
HARRISBURG, Pa. (AP) — The Roman Catholic Diocese of Harrisburg, Pennsylvania, filed for bankruptcy Wednesday, six months after disclosing it had paid millions of dollars to people sexually abused as children by its clerics.
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Report: Work to reduce wildfire risks has economic benefits
ALBUQUERQUE, N.M. (AP) — Projects to reduce the risk of wildfires and protect water sources in the U.S. West have created jobs and infused more money in local economies, researchers say, and they were funded by a partnership between governments and businesses that has become a model in other countries.
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US judge dismisses Huawei suit over government contracts ban
NEW YORK (AP) — A federal judge in Texas has dismissed Chinese tech giant Huawei’s lawsuit challenging a U.S. law that bars the government and its contractors from using Huawei equipment because of security concerns.
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China revokes 3 Wall Street Journal reporters’ credentials
BEIJING (AP) — China on Wednesday said it has revoked the press credentials of three reporters for the U.S. newspaper Wall Street Journal over a headline for an opinion column deemed racist by the government.
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Ending Putin’s support of Venezuela no easy feat for US
MOSCOW (AP) — In October 2016, the head of Russia’s largest oil company traveled to the birthplace of Hugo Chávez, in the empty, sweltering plains of Venezuela, to unveil a giant bronze statue of the late socialist leader that he and his longtime friend, Russian President Vladimir Putin, commissioned from a prominent Russian artist.
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UK employers fear worker shortages in new immigration plan
LONDON (AP) — Vegetables rotting in the fields, food going unprocessed, the elderly and disabled left without care.
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Stocks open lower on Apple warning, virus outbreak fears
TOKYO (AP) — Asian shares mostly rose Wednesday, despite overnight losses on Wall Street and continuing fears about an outbreak of a new virus that began in China.