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American Business News for 1 Sep 2016

5 passengers killed in Alaska mid-air plane crash

Business Insider - 1 Sep 2016 00:50
5 passengers killed in AlaskaAP Photo/Alaska State Troopers Two small planes carrying a total of five passengers collided in mid-air in Alaska Wednesday morning, authorities said. All five people are dead, according to Alaska... State Troopers. The crash happened around 11 a.m. local time about 60 miles north of the city of Bethel, Alaska National Guard spokeswoman Lieutenant Colonel Candis Olmstead said in a statement.  "The aircraft involved were a Hageland Aviation Cessna 208 Caravan with three individuals on board and a Renfro's Alaska Adventures Piper PA-18 Super Cub with two individuals on board," Olmstead said. Olmstead said the crash occurred about 6 miles northwest of Russian Mission, a remote community in the southwest of the state along the Yukon River. The cause of the crash was not immediately known....
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Asian shares were broadly weaker early Thursday, as markets cautiously awaited the release of U.S. jobs data that could jolt markets out of their summer malaise.
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Uber drivers in Hong Kong areKim Kyung-Hoon/Reuters In the wake of Uber’s announcement to pull back on non-core services in Hong Kong, concerns have been raised over hidden risks in working for the ride-sharing operator. One... UberBlack driver named Sunny criticised the firm for forcing drivers to shoulder all criminal liability if found to be driving passengers without a hire-care permit or third-party insurance. He said it was unfair considering the company charged very high commissions of about 25 per cent for every fare. “I only work as a freelance for Uber and take jobs whenever the trip suits my own schedule. I really feel unsafe working for Uber as we have to take the risks. I will quit anytime,” he told the Post. “The income is not good while drivers have to bear all the liabilities. I know many drivers...
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Prosecutors charged a former Air China Ltd. manager Wednesday with smuggling packages out of the U.S. to China on behalf of Chinese military officials stationed at the country's New York-based mission... to the United Nations, the latest turn in a case linked to an alleged U.N. bribery scheme.
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California lawmakers approved a $900 million spending package devoted to environmental programs Wednesday, hours after Gov. Jerry Brown and Democratic legislative leaders agreed to spend nearly... two-thirds of the available money generated by the state's cap on carbon pollution. …
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Payworks doubles down on in-store payments

Business Insider - 1 Sep 2016 04:30
Payworks doubles down onBII This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. Point-of-sale (POS) software provider Payworks has rebranded and... launched Pulse, a cloud-based processing infrastructure to enable in-person payments acceptance that it calls “next-generation payment gateway technology.” The product, which provides a processing solution pre-certified by multiple major players, will make it easier for merchants to integrate in-person payments. Payworks is also offering Accept, a white-label mobile POS (mPOS) solution, and Engage, a customer engagement and analytics tool, alongside Pulse. Major processors, like Barclaycard and Stripe, are already connected to Pulse, according to the firm. Pulse's product highlights a few key...
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The US and China are takingThomson Reuters China and the United States – the world’s two largest economies and worst carbon polluters – are expected to make public a cross-checking of each other’s fossil fuel subsidies... at the G20 summit in Hangzhou this weekend, people familiar with the matter say. It will be the first time that China has allowed a foreign country to review its domestic energy subsidies. The arrangement is also the first among G20 powers. While the real impact may be small, it signifies that China will, on a limited basis, allow the US to influence its domestic energy subsidies, in a major gesture to the US and the world that China is taking climate change seriously. A mentality of looking after one’s own concerns while hoping for the best has often hindered real progress on climate change...
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Donald Trump got 2 significantDespite Mexican President Enrique Peña Nieto's belated insistence that he told Donald Trump that Mexico would not pay for a border wall, I believe Wednesday's trip went well politically for Trump.... I don't think the trip will sway a lot of voters in either direction, but I do believe it helped Trump more than it hurt him. Here's what Trump got out of it: An argument that his anti-Mexican rhetoric is forgivable. Trump's personal denigration of Mexicans and Mexican-Americans has hampered his campaign, leading many voters to reject him as too bigoted. Yet the president of Mexico invited him to meet in Mexico City, gave him a dignified platform, and expressed his interest in working constructively together on issues of importance to both countries. Peña Nieto did criticize Trump's past...
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Jill Stein and Gary Johnson are not the only, or perhaps even the most potent, so-called third-party challengers whom Hillary Clinton and Donald Trump need to contend with in November, notes a Wall... Street Journal editorial.
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Hillary Clinton offered a withering attack on Republican rival Donald Trump's approach to foreign policy Wednesday, casting him as a figure who could jeopardize U.S. alliances and embarrass the... country if elected president.
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Everyone was talking about thePhoto via Twitter Donald Trump's famous "Make American Great Again" hats have gotten a refresh. Hours after Donald Trump's meeting with Mexican President Enrique Peña Nieto, some of the GOP... presidential nominee's surrogates donned revised campaign headwear. The new hats read, "MAKE MEXICO GREAT AGAIN ALSO." Former New York City Mayor Rudy Giuliani and Sen. Jeff Sessions of Alabama wore them. It's the latest development in what has been a tumultuous couple of weeks for the Trump campaign amid its ever-shifting immigration platform. NOW WATCH: Naked Donald Trump statues are popping up across America
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Top ISIS leader's death mayHenry Jackson Society The death of Islamic State’s chief propagandist, Abu Muhammad al-Adnani, has removed the group’s most valuable figure in its war against the west, but his demise does not... mean an end to the carnage. Over the past two years, Adnani has set in motion a phase of the terror group’s growth that will continue to give it lead billing among the threats to Europe and the US. The people he empowered and the structures he put in place mean the menace of Isis will continue without him. Since 2014, Adnani had been the voice who galvanised so-called lone wolves to launch attacks. He had also overseen the deployment of some of the group’s most lethally trained operatives, many of whom have been sent to Europe to wait for instructions to launch more co-ordinated missions,...
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IBM's Watson supercomputer is being used in some innovative ways at this year's U.S. Open tennis tournament
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The agency is relaxing its rules on withdrawals and loans from retirement accounts, but that should be a "last resort"
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A California grandmother who lost her life savings in a real estate investment scam offered by an insurance agent was awarded more than $15 million Wednesday in a lawsuit against MetLife and two... subsidiaries, attorneys said. …
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Investor sees options for BobOne activist investor doesn't think Bob Evans sausage should be made and consumed under the same roof. Tom Sandell of Sandell Asset Management, who has spent three years trying to get Bob Evans to... split its restaurant chain from its packaged foods business, finally pinned down management on Wednesday. When Sandell pressed, Bob Evans Chief...
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The 1 Thing Tony Robbins HasThere is one attribute that differentiatesgood and great leaders.
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Australia is putting braille on its $5 notes

Business Insider - 1 Sep 2016 03:43
Australia is putting brailleGetty Images In an effort to make currency more accessible to blind people, Australia will start using braille on its new $5 bank notes starting Thursday. According to 9 News, teenager Connor... McLeod, who's blind, and his mother Ally Lancaster launched a petition four years ago, asking the Reserve Bank of Australia to include "tactile markings" on the country's currency to indicate their denomination. Eventually, all notes will include the raised dots. "We have braille on toilets, we have tactile features on bus stops, but we don't have it on our national currency, and that is something we use every day," Lancaster told the Australian Associated Press, according to 9 News. In an interview with the Sydney Morning Herald, McLeod said he was inspired to fight for the cause when he realized...
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China manufacturing PMI beats at 50.4

Business Insider - 1 Sep 2016 03:42
China manufacturing PMI beatsBusiness Insider Australia The first of China’s data releases for August is out, and it’s a big beat. The government’s official manufacturing purchasing managers index (PMI) came in at 50.4,... well above the 49.9 level expected and the highest reading since October 2014. The PMI measures changes in activity levels across China’s manufacturing sector from one month to the next. Anything above 50 signals growth, while anything below that level means contraction -— so the higher the number the better. While the August figure was well ahead of expectations, the improvement in overall activity levels was negligible. By activity subindex, production levels expanded at a faster pace — rising to 52.6 from 52.1 — explaining the boost in the headline index. New domestic orders — a...
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Eagle-eyed viewers watching the introductions to Donald Trump's big immigration speech Wednesday evening may have caught it. As they addressed the crowd in Phoenix, top Trump supporters Rudy Giuliani... and Sen. Jeff Sessions (R-AL) donned sparkling white baseball caps with the campaign's newest slogan: "Make Mexico Great Again Also."
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These are the world's best IoTThomson Reuters The Internet of Things (IoT) is poised to change the way we live our lives, from commuting to entertainment and more. And with that radical transformation comes volumes of new methods... that require education for those connected to the industries that the IoT will influence in the coming years. Fortunately, there are a plethora of conferences and seminars that serve to bring decision makers and other influential individuals up to speed on the latest trends in the IoT. The following is a chronological list of all the best IoT conferences, expos, bootcamps, and more for the remainder of 2016. 9th Nano Conference for Next Generation When: August 1 to August 2 Where: Manchester, United Kingdom Summary: Nano Congress for Future Generation invites researchers to share their...
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Trump Speech Live Bloggin'

TPM - 1 Sep 2016 03:36
9:36 PM: Nothing much yet. 9:38 PM: I think we can see where this is going: talk louder to breeze over shift in positions. 9:44 PM: So far this is another blood curdling speech about Americans... murdered by people in the country illegally. 9:45 PM: On how many undocumented immigrants are in the USA: "It could be 3 million or 30 million. They have no idea." 9:52 PM: "We will build a great wall along the southern border ... And Mexico will pay for the wall. They don't know it yet. But they're gonna pay for it." Okay, so Trump confirms build the wall and Mexico pays. 10:02 PM: So there will be a "Deportation Task Force" created within ICE.
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World of Warcraft: Legion DayI’m finding my love of Warcraft in Odin wrong places. OK, I may be working too heard for a clever intro there. After unlocking my artifact weapon and my class hall, I spent my second day in World of... Warcraft’s Legion expansion exploring my first zone, the Norse-themed Stormheim. Completing those quests also took me […]
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Afropunk Festival usesBII This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here. Earlier this week, Facebook CEO Mark Zuckerberg asserted that... Facebook was a technology company and not a media company, because it builds tools for creating and distributing content without partaking in content creation itself. This ethos was manifest during the annual Afropunk Festival last weekend, when Facebook provided the platform to bring real-time broadcasts from the Brooklyn-based music festival online.  Live broadcasts from the festival were published on Afropunk's Facebook page to digitize the festival experience for those were unable to attend in real life. These videos include on-the-ground conversation with event attendees, and exclusive...
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(Reuters) - Lazard Ltd , the investment bank that advised SolarCity Corp on its $2.6 billion sale to Tesla Motors Inc , made an error in its analysis that discounted the value of the U.S. solar energy... company by $400 million, a regulatory filing by Tesla showed on Wednesday.
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