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Apple CEO Tim Cook calls for “massive campaign” against fake news
Apple CEO Tim Cook wants the tech industry to take action against "fake news" stories that are polluting the web. "There has to be a massive campaign. We have to think through every demographic," Cook said in a rare…
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‘Lego Batman’ producer today. Treasury secretary tomorrow?
Steven Mnuchin had a pretty good weekend. First the treasury secretary pick advanced a step closer toward confirmation on Friday. Then his latest movie claimed the top spot at the box office. Mnuchin is an executive…
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This Thai company makes food packaging out of bamboo to cut down on trash
To tackle Thailand's mounting trash problem, one company is turning to the country's plant life. Universal Biopack makes packaging that it sells to restaurants and manufacturers. But rather than plastic, it uses a mixture…
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Verizon is bringing back unlimited data
Verizon (VZ) is bringing back an unlimited data plan. Starting Monday, Verizon customers can get unlimited data, talk and text for $80. The company says the new introductory plan also includes up to 10 GB of mobile…
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Indian rival slams Uber’s business model
Uber's top rival in India has some unsolicited advice for the U.S. startup: Go local. "They have a very cookie-cutter approach in terms of what the model is and how force feed it into any geography," Pranay Jivrajka, a…
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Oil prices have doubled in a year. Here’s why
It's a good day for OPEC. Data published Monday by the oil cartel show its members have largely complied with an agreement to slash production. The confirmation caps a remarkable year for OPEC, which was forced to…
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Swiss voters reject corporate tax overhaul
Voters in Switzerland have shocked the political establishment by rejecting a reform plan that would have brought the country's corporate tax system in line with international norms. The tax reforms, which were widely…
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Trump brand takes another hit: Sears and Kmart
Nordstrom. Neiman Marcus. TJ Maxx. And now, Sears and Kmart. Sears Holdings, the company that owns retail stores Sears and Kmart, reportedly said this weekend that it would remove 31 Trump-branded items from its website.…
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Tesla is going to sell electric cars in the Middle East
Tesla is bringing its electric cars to the heart of the oil producing world. The automaker announced Monday that its first official venture in the Middle East will be in the United Arab Emirates. The first cars -- the…
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Verizon’s new plan: Consumers win, investors lose
Verizon has brought back its unlimited data plan. That's great if you're a Verizon customer. But it is terrible news for its investors. Verizon (VZ) stock fell nearly 1.5% in early trading Monday. It's now down about 10%…
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