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Here’s how the IRS has been affected by the government shutdown

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The Internal Revenue Service is one of the agencies now not funded as a result of the shutdown. As the government shutdown enters another week, federal agencies like the IRS are feeling the effects. Many considerit a major financial windfall that they use to help cover costly expenses or boost their yearly savings. " They have not addressed yet if the delay is deep into tax season, will they push back the filing deadline?" In addition, there is a new 1040 form this year because of the ... Read More »

What's Going On With Apple

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To help boost iPhone sales , Mr Cook said Apple will expand its financing plans and build upon its recent efforts to make it easier to trade in older models at its stores. dollar strength-related price increases, and some customers taking advantage of significantly reduced pricing for iPhone battery replacements ", Cook conceded. Read More »

Markets Right Now: Stocks end dismal year on a bright note

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The S&P 500 fell 166.76 points, or 6.2 per cent. Shares of Netflix and Regeneron Pharmaceuticals, a USA biotech firm, extended gains of 4.52 and 3 percent respectively, leading the advances. Previously, the Fed signalled that it would slow the tightening pace on December 19, as it revised the times of rate hikes in 2019 lower to two. But for the year, only healthcare and utilities were on pace to end 2018 higher. Read More »

Apple shares plunge almost 10% behind revenue warning

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US stocks have tumbled over the last three months as investors anxious that the economy might slow down dramatically because of a variety of challenges including the trade dispute and rising interest rates. Apple's warning rocked financial markets, as investors sought safety in bonds and less risky assets. Despite these challenges, Cook said, "we believe that our business in China has a bright future". Read More »

Rs 2,000 notes: Know what the govt has to say on circulation

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In response to a RTI query back in November 2018, the Currency Note Press in Nashik had said that it has not received any order to print Rs 2,000 denomination notes. The government had to face some flak for introducing a high-denomination Rs 2,000 note right after demonetising the Rs 1,000 note on grounds that it will help hoarding and money laundering, the very practices demonetisation was supposed to end. Read More »

Apple is trying to steal business from China’s homegrown smartphone players

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For instance, Netflix has recently altered the way people can sign up to its video streaming service so that a cut of the company's sales don't have to trickle back to Apple via the app store. In late December, the promotional program for the new models went live in China, adding one major perk: users in China cannot only trade in their old iPhones, but also Android phones made by Apple's major competitors in China, including Huawei , OPPO and Xiaomi. Read More »

6 passengers fall ill on flight from Cleveland to Tampa

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The City of Cleveland said water samples from the airport will be sent to an Ohio EPA-certified lab for testing, with results expected in 24 to 48 hours. Flight attendants informed the other passengers what was happening and asked any additional travelers who felt sick to let them know. According to Cleveland's Fox 8 , water from the fountains will be tested Wednesday morning. Read More »

How to recycle your Christmas tree

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Getting rid of your tree is simple and you won't even have to leave home. Last year, The City recycled more than 500 tons of Christmas trees in January - the equivalent weight of two Boeing 787 Dreamliner planes. Some municipalities use the trees for mulch in parks or on walking trails. From there the county will carry them to the landfill, where they will be used for fill. Read More »

Video shows Florida man attacking McDonald's employee over straw

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In the police report, it says Taylor kicked another employee in the stomach on his way out. Taylor was later arrested by the police. A man is under arrest after, authorities say, he grabbed the shirt of a Florida McDonald's employee and tried to pull her over a counter on New Year's Eve. Read More »

New year, new minimum-wage rate as of January 1, 2019

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With Missouri's minimum wage rising to $8.60 an hour, Baldwin will see a 60-cent bump that she says will take some of the bite out of her monthly bills. The federal wage has been the same since 2009. Wages and tips combined must equal at least the minimum wage. The remaining 21 states use the federal minimum wage: Alabama, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Mississippi, New Hampshire, North Carolina, North Dakota, Oklahoma, Pennsylvania, South Carolina, Tennessee, ... Read More »

Apple cuts revenue forecast on weak China sales

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The letter offered many explanations for why iPhone sales were so weak during the holiday quarter: Cook mentioned broader challenges, such as selling expensive phones in emerging markets, changes to the strength of the dollar, and, notably, a relative lack of people who wanted to upgrade their iPhone. Read More »

Cathay Pacific makes good on first-class ticket blunder

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Cathay Pacific did not specify how many tickets were sold at the heavily discounted price. Cathay Pacific sold premium business and first-class tickets from the U.S.to Vietnam for a fraction of the price, thanks to an error on the airline's website. Read More »

Tesla Pushing Midnight Sales to Clear Backlog of 3K Model 3s

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In fact, he sent out a separate tweet with a list of Tesla stores that would be open until midnight so they could get in just under the wire with their new purchase. For customers taking delivery between July 1st and December 31st, 2019, the tax credit falls to $1,875. Over the past months , the company has been doing everything it can to help people take advantage of the higher federal tax credit before the year end. Read More »

Tesla shares tumble after production figures disappoint

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The electric-car maker's shares fell by 9.3 percent, to 301.87, in early trading. Starting Wednesday, the company said it will be reducing the price of Model S, Model X and Model 3 vehicles in the U.S.by $2,000. Although the delivery numbers were 2,000 fewer than expected in a FactSet survey of analysts, Wedbush Securities analyst Dan Ives told CNBC they were consistent with his prediction. Read More »

New Year’s Day Mega Millions jackpot climbs to $425 million

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The winning numbers for that drawing were 9, 10, 25, 37 and 38 and the Mega Ball was 21. A ticket costs $2 - and a victor beats the odds of 1 in 302 million. Mega Millions is played in 44 states, plus Washington D.C. and the U.S. Virgin Islands. The jackpot offers a $425 million annuity, or $254.6 million in cash, according to the NC Education Lottery website. Read More »

Doughnut lovers avoid tragedy as Krispy Kreme vehicle catches fire in KY

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On Monday, Lexington police received a 911 call from a Krispy Kreme truck driver who reported that his vehicle had caught on fire, according to Today . The Madison Police Department is getting in on a now-international law enforcement fascination with a pastry incident in Lexington, Kentucky. Police in the United Kingdom responded back with, "We feel your loss". Read More »

New York’s Minimum Wage Hits $15 On New Year’s Eve

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Edwards will have to boost employee pay to meet the $12 minimum in a few years, but he said he's not concerned. Employees who don't receive at least the new minimum wage after notifying their employer and giving the employer 15 days to resolve any claims for unpaid wages may bring a civil action against the employer to recover back wages plus damages and attorney's fees. Read More »

Sears close to being liquidated

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Sears is closing 80 more stores as it teeters on the brink of liquidation. The company plans to shutter 80 stores beginning in late March and liquidation sales could begin in two weeks, the company said. Sears did not respond to a request for comment by press time . The once-dominant retailer filed for bankruptcy in October, and Lampert was seeking nearly $1 billion to support his rescue effort. Read More »

Iron Man 2 reunion: Musk friend Larry Ellison named to Tesla board

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San Francisco: Electric vehicle company Tesla is looking for internal participants for its new Autopilot hardware, consisting of a new neural net computer that it claims would be the "world's most advanced computer for autonomous driving". Musk has promised to reimburse customers if delivery delays cause them to miss out on the full $7,500 tax credit. Tesla reached that mark in July - the first automaker to do so. Read More »

Injuries reported after jetway collapses at Baltimore airport

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Six people were taken to the hospital with injuries that are not life-threatening, a spokesman for BWI Marshall said. According to Southwest Airlines, a flight arriving at the airport about 7:47 p.m. Anne Arundel County Fire said they were supporting BWI Fire with the incident. The injured had been exiting a plane via the jetway - the enclosed passageway connecting an airport gate and their plane. Read More »

Suspected Malware Attack Causes L.A. Times Newspaper Delivery Interruptions

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Jeff Light, the editor and publisher of the San Diego Union-Tribune, said the virus started affecting the newspapers' systems on Thursday and became a critical problem late Friday. A cyber-attack has caused printing and delivery disruptions to major United States newspapers, including the Los Angeles Times , the Chicago Tribune and the Baltimore Sun . Read More »

Land Rover Will Try To Make New Defender Not Too Pricey

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Defenders haven't been officially sold in North America since 1997, so the return of this now Discovery-based model is great news for all enthusiasts in the USA and Canada. "Engineers will subject the vehicle to rigorous test extremes to make sure the new Defender is the most off-road capable Land Rover vehicle ever; operating in temperatures from -40F to +120F while driving the test vehicles on- and off-road at altitudes of more than 13,000 feet above sea level", the company noted. Read More »

Rapid City Kmart to close their doors in 2019

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Sears has also been soliciting liquidation bids that would mean shutting hundreds of Sears and Kmart stores, and throwing more than 50,000 people out of work. The 80 stores are due to close by March. The company plans to shutter 80 stores beginning in late March and liquidation sales could begin in two weeks, the company said. Read More »

Wells Fargo agrees to pay $575 million to resolve state investigations

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Under the agreement announced Friday, the bank will also create teams to review and respond to customer complaints about its banking and sales practices. Wells Fargo will create and maintain a website for consumers to use to access the program and will provide periodic reports to Beshear's office about ongoing restitution efforts. Read More »

Two local Sears stores to close

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Lampert, though, hasn't submitted a bid or come up with financing as of Thursday afternoon, the people said. It could extend the deadline - or it could decide to accept defeat and begin a plan to close all of its stores and liquidate its assets. Read More »

Minimum-Wage Rises In Minnesota Beginning January 1st

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Workers in Long Island and Westchester will have another increase in 2021. And the rest of NY state workers will see the minimum wage go up to $11.10 per hour, reaching $12.50 by 2020. The institute said the increases will boost wages for affected workers by about $5.4 billion. In coordination with the increase, the state Labor Department will release a multimedia public education campaign to raise awareness about the new minimum wage, Cuomo's office said. Read More »

Dow Drops 366 Points as Reality Sets In

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Tokyo's Nikkei 225 index was up less than 1 percent, while markets in Shanghai and Hong Kong were down less than half a percent. USA 2018 holiday sales post-Christmas delivered positive news, marking the strongest numbers in six years rising 5.1% from the previous year to $850 billion. Read More »

Cell Phone Calls In Massachusetts Affected Briefly By CenturyLink Outage

The Massachusetts State Police said that a nationwide outage affecting CenturyLink, a Louisiana-based internet communications company, is affecting 911 calls placed on cellular phones in Mass. Anyone who can not get through is urged to call Douglas police directly at 520-417-7550. Cellphone 911 services in parts of western Washington state were also impacted. Read More »

Purchases trough Alexa tripled this holiday season

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Along with the Christmas sales report, as the picture seems to be much brighter than the Amazon initially projected in its latest earnings results. Small- and medium-sized businesses also enjoyed a stellar holiday season with more items ordered around the globe and across all categories. Read More »

New Indian E-commerce Law Hampers Amazon, Walmart, Others

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Until and unless the e-commerce giants can find a way around the new policy implemented by the Indian government , shopping online may not be as affordable. It said that cash back provided by group companies of marketplace entity to buyers should be fair and non-discriminatory. The e-commerce companies will have to submit a certificate along with the report of a statutory auditor to the Reserve Bank of India confirming that these guidelines have been complied with, by September 30 each year. Read More »

Powell ‘100% safe’ at Fed, says Trump’s aide

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The President - answering reporters' questions at the White House after addressing U.S. armed forces members on a Christmas Day video conference call - said the Fed was hiking borrowing costs because the "economy is doing so well", adding that USA companies were having "record kinds of numbers" and it is a " tremendous opportunity to buy ". Read More »

UK defence minister says he has grave concerns about Huawei

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While those familiar with the White House's plans state that ZTE and Huawei won't be specifically mentioned in the order, a source says that it is expected commerce officials would interpret it as authorization to limit the spread of equipment made by the two companies. Read More »

Tokyo stocks rebound in morning after Nikkei's over 5% dive

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The US economy has also been suffering from trade disputes Trump has started with China. Treasury Secretary Steven Mnuchin called top US bankers on Sunday amid the pullback in stocks and said he was calling a meeting of financial regulators to discuss ways to ensure "normal market operations". Read More »