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Obama Cracks Birther Joke in Kenya Obama Cracks Birther Joke in Kenya

The following is an excerpt from Daniel Politi | July 26, 2015 | Slate.com | Of course he did. President Obama apparently couldn’t waste what was a golden opportunity to make a birth certificate joke during his first trip to Kenya as commander-in-chief. During a toast at a state dinner in Nairobi on Saturday night, Obama once again made it clear once again that he's eager to laugh off the whole birth-certificate conspiracy theory. "I suspect that some of my critics ... Read More

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Amazon Is Now Worth More Than Wal-Mart Amazon Is Now Worth More Than Wal-Mart

The following is an excerpt from Tomi Kilgore | July 23, 2015 | MarketWatch.com | Amazon.com Inc.’s market valuation soared more than $40 billion in after-hours trade Thursday, to take it well above that of Wal-Mart Stores Inc. The e-commerce giant’s stock AMZN, +16.24% rocketed $80.82, or 17%, to $563.00. about an hour after the close, after the company reported a surprise second-quarter profit. With about 465.68 million shares outstanding, according to FactSet, the stock’s surge would boost Amazon’s market capitalization by ... Read More

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Clinton Lays Out Economic Vision, Calls Out Republican Opponents Clinton Lays Out Economic Vision, Calls Out Republican Opponents

The following is an excerpt from Alex Seitz-Wald | July 13, 2015 | msnbc.com | In her most comprehensive remarks on economic policy yet, Hillary Clinton said she would focus squarely on raising middle-class wages and went after her Republican candidates by name. As Republicans call for growing the economy and liberals call for tackling economic inequality, Clinton chose a different tack, saying, “The defining economic challenge of our time is clear: We must raise incomes for hard-working Americans.” To do that, she ... Read More

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Germany Wants To ‘Break’ Greece: Former Finance Minister Germany Wants To ‘Break’ Greece: Former Finance Minister

The following is an excerpt from William Watts | July 10, 2015 | marketwatch.com | Yanis Varoufakis, the controversial economics professor who served as Greece’s finance minister from January until earlier this week, just penned a scathing op-ed in the Guardian newspaper, accusing Germany of attempting to break Greece while slamming creditors for failing to view debt relief as an essential ingredient to getting the country back on the road to recovery. Varoufakis left office after the Sunday referendum that saw Greek ... Read More

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Robot Wars: Japan Agrees To Fight America In Giant ‘Battlebots’ Duel Robot Wars: Japan Agrees To Fight America In Giant ‘Battlebots’ Duel

The following is an excerpt from rt.com | July 7, 2015 | After a pair of American robot makers challenged their rivals in Japan to a mega duel involving their mechanical creations, the corresponding team in Japan has responded without hesitation: ‘Bring it on’. In a video posted on YouTube, Kogoro Kurata, the CEO and founder of Suidobashi Heavy Industry, said his company would be more than willing to battle US-based MegaBots in an epic robot faceoff. "Yeah, I'll fight. Absolutely,” Kurata said ... Read More

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Printing the Drachma: The Messy Future of a Post-Euro Greece Printing the Drachma: The Messy Future of a Post-Euro Greece

The following is an excerpt from Matthew Campbell and Alex Webb | July 4, 2015 | Bloomberg.com | Introducing a new currency is no small feat. Recent cases -- East Germany’s adoption of the deutsche mark, the Czech-Slovak divorce of 1993, and the creation of the euro itself -- benefited from years of careful planning and broad popular support. If Greece were to abandon the euro, it would have neither. “Historical precedent suggests this would be hugely challenging,” said Richard Portes, a ... Read More

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China Freezes IPOs To Stop Rapid Stock Market Decline – Report China Freezes IPOs To Stop Rapid Stock Market Decline – Report

The following is an excerpt from rt.com | July 4, 2015 | China has curbed the sale of newly issued stock and created a market stabilization fund, as it tries to halt a stock market plunge that is endangering the country’s economy, media report. Saturday saw China suspend all initial public offerings, the WSJ reported citing undefined sources. Shortly afterwards, 28 Chinese companies planning to list on the country’s Shanghai and Shenzhen stock exchanges said in separate statements that they would suspend their ... Read More

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New, Simple ‘Buy’ Buttons Aim to Entice Mobile Shoppers New, Simple ‘Buy’ Buttons Aim to Entice Mobile Shoppers

The following is an excerpt from CONOR DOUGHERTY and HIROKO TABUCHI | July 5, 2015 | Nytimes.com | SAN FRANCISCO — Denise Chapman, a director at a San Diego advertising agency, is afraid to count how many hours of each day she spends on her mobile phone, browsing for clothes or gifts. But when it comes time to actually buy something, instead of using her iPhone, she fires up an aging Dell computer that sits on a desk in her family’s ... Read More

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Sardar Biglari Takes Control Of 49% Of Biglari Holdings Shares In Controversial Tender Sardar Biglari Takes Control Of 49% Of Biglari Holdings Shares In Controversial Tender

The following is an excerpt from Antoine Gara | July 2, 2015 | Forbes.com | Sardar Biglari, the highly criticized CEO of Steak ‘n Shake parent, Biglari Holdings, has increased his control over the company significantly through a successful tender offer made by a shareholder funded investment vehicle he controls. On Thursday morning, Biglari Holdings disclosed that 620,679 shares, roughly 29% of its outstanding stock, were tendered at a price of $420 to The Lion Fund, a related party investment fund controlled ... Read More

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Polar Bears May Die Off Unless Global Warming Is Reversed, Report Says Polar Bears May Die Off Unless Global Warming Is Reversed, Report Says

The following is an excerpt from Marc Thiessen | July 2, 2015 | Time.com | They rely on ice in the Arctic (ANCHORAGE, Alaska)—Polar bears are at risk of dying off if humans don’t reverse the trend of global warming, a blunt U.S. government report filed Thursday said. “The single most important step for polar bear conservation is decisive action to address Arctic warming,” the U.S. Fish and Wildlife Service said in a draft recovery plan, part of the process after the agency ... Read More

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