Monthly Archive: March 2018

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Asian shares track tech, consumer stocks’ rally on Wall St

Shares rose in Asia on Friday after technology and consumer-focused stocks led an overnight rally on Wall Street, marking a dramatic end to the market’s most volatile quarter in more than two years. Many regional markets were closed for Good Friday. KEEPING SCORE: Japan’s Nikkei 225 index added 1.4 per cent to 21,454.30 and the […]

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Could enemies sabotage undersea cables linking the world?

WASHINGTON — Russian ships are skulking around underwater communications cables, causing the U.S. and its allies to worry the Kremlin might be taking information warfare to new depths. Is Moscow interested in cutting or tapping the cables? Does it want the West to worry it might? Is there a more innocent explanation? Unsurprisingly, Russia isn’t […]

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Staff of the satire website The Onion has unionized

CHICAGO — The staff of the humourwebsite The Onion has decided to unionize. Workers at the website and its sisters, A.V. Club and ClickHole, will be represented in collective bargaining talks by the Writers Guild of America East and will negotiate with the owners, including the Spanish-language broadcaster Univision. A.V. Club’s deputy managing director, Caitlin […]

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Why phantom distributions can be scary at tax time

With the rise of ETFs — at the end of February there were 583 different funds with about $150 billion under management — what’s known as phantom distributions have increased taxpayers’ stress

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Beaufort Sea lease sale solicitation draws objections

ANCHORAGE, Alaska — President Donald Trump’s pledge to make the United States “energy dominant” is extending to Arctic Ocean waters despite a pending lawsuit and lack of approval for a required five-year drilling plan. The Bureau of Ocean Energy Management on Thursday opened a 30-day comment period seeking solicitations of interest in lease blocks within […]

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Advocacy group: Exxon knew of corruption in oil deal

DALLAS — An anti-corruption group says Exxon Mobil bought rights to drill in an area off the coast of West Africa despite its concerns about possible corruption. Global Witness said Thursday that Exxon knew that the oil field, called Block 13, had been previously awarded to another company through bribery. The group said in a […]