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Walmart to Up Wages, Award One-Time Bonus

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Since Wal-Mart's initial increase starting in 2015, many states have enacted minimum-wage laws, meaning that a "sizable group" of its 4,700 US stores already pay $11 an hour, according to spokesman Kory Lundberg. Workers with more than 20 years of experience will receive the full $1,000; workers with less than two years of experience will receive $200 with various amounts based on service, CNBC reported . Read More »

The Energy 202: NY steps up legal fight against ExxonMobil

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For the plan to go through, the trustees of the city's five funds must agree and conclude that divestiture is in the best interest of the pensioners. The Empire State's attorney general, Eric Schneiderman, is investigating whether the company misled investors about the risks climate change posed to its long-term business. Read More »

Trevor Noah explains why Oprah is the best opponent for Trump

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Winfrey's rousing speech at Sunday's Golden Globes Awards ceremony ignited speculation that the billionaire talk show queen is harboring Oval Office ambitions. Her appeal extended well beyond her celebrity, some said, citing her compassion, kindness and devotion to helping others as a badly needed change after Trump. Read More »

Toyota and Mazda to build $1.6 billion joint plant in Alabama

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The plant will employ about 4,000 people and is expected to be built on the Tennessee Valley Authority Mega Site in Huntsville-annexed Limestone County. By Wednesday, the makers had obtained the necessary permissions from the state of Alabama. "Toyota Motor said will build a new plant in Baja, Mexico , to build Corolla cars for U.S". Read More »

What everyone is missing in Zuma's state capture announcement

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Cape Town - Newly elected president of South Africa's ruling African National Congress and country Deputy President Cyril Ramaphosa will lead the South African delegation to the 48th World Economic Forum (WEF) annual meeting that will take place in Davos-Klosters, Switzerland, later this month. Read More »

Independent retailers welcome extension of carrier bag levy

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At the moment shops with under 250 employees are exempt from the charge, which was introduced in England in October 2015. Announcing a consultation on removing the remaining exemptions, Mrs May will say that the tax shows the effectiveness of well-judged state intervention. Read More »

Ikea magazine ad doubles as pee-based pregnancy test

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A video explaining the inner-workings on the ad pretty much verifies that it works just like a pregnancy test. The next step, it seems, is to present the pee-soaked page to an employee at your local Ikea . The subject of urination comes up more frequently in advertisements than you might think. The Independent has reached out to Åkestam Holst for comment. Read More »

USA crude stocks drop, fuel inventories up

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The remarkable gains were driven by the American Petroleum Institute claiming that domestic oil inventories dropped by 11.2 million barrels last week; if this figure is confirmed by the Energy Information Administration (EIA) on Wednesday, it will be the largest draw for this time of year since 1999 and almost triple what had been estimated in a Bloomberg survey. Read More »

China's United States debt talk reveals weak trade-war hand

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It isn't clear whether the recommendations of the officials have been adopted. The report cites people familiar with the matter, saying that USA government bonds are becoming less attractive in comparison with other assets. The yield curve between two-year notes and 10-year notes steepened to 62 basis points on Wednesday, and is up from a 10-year low of 49 basis points on Friday. Read More »

UIDAI introduces new two-layer security system to improve Aadhaar privacy

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This Virtual ID , instead of the Aadhaar number, can then be used for purposes, including SIM verification, linking to bank account, and more. The UIDAI , which had been working on the "Virtual ID" for months, made the announcement at a time privacy concerns around Aadhaar peaked after a newspaper expose on unauthorised access of its database earlier this month. Read More »

Pari teaser: Anushka Sharma bleeds to her scariest best

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She posted the teaser on social media, saying "Sweet dreams guys..." While speculations about the subject of the story of Pari have been rife right from the time the first look posters were out, nobody has been able to guess the theme of the film accurately. Read More »

Sainsbury's bags a record Christmas

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Sainsbury's said total retail like-for-like sales, excluding fuel, rose 1.1 percent in the 15 weeks to January 6, its fiscal third quarter - ahead of analysts' average forecast of 0.9 percent and growth of 0.6 percent in the previous quarter. Read More »

Former Google engineer fired over gender memo sues for discrimination

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Damore is alleging that conservative white men are discriminated against at Google and that his firing was retribution against him for his political views. He claims he is being discriminated against as a white male with conservative political views, including support for sexist-in-chief Donald Trump . It also claims that Google went as far as illegally hiring women and minorities to fill quotas and is highly critical of managers who can not fill these so-called quotas. Read More »

Berkshire promotes potential Buffett successors Gregory Abel, Ajit Jain

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Buffett, 87, and his 94-year-old longtime partner, Charlie Munger, are staying in their respective positions as chairman and CEO and vice chairman. "If I could buy a five-year put on every one of the cryptocurrencies, I'd be glad to do it", Buffett said, referring to options trades that would profit from price declines. Read More »

World Bank predicts African economy to grow by 3.2% in 2018

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Cape Town - South Africa's economy is expected to grow by just 1.1% in 2018 - one of the lowest rates in sub-Saharan Africa, according to the World Bank . "Côte d'Ivoire is forecast to expand by 7.2% in 2018, Senegal by 6.9%, Ethiopia by 8.2%, Tanzania by 6.8% and Kenya by 5.5% as inflation eases", stated the study's authors. Read More »

India woman kills self over relationship with Muslim man

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A college student in Chikkamagaluru committed suicide because a group of men harassed her for talking to a muslim . On January 6, when Dhanyashree was alone at home, she committed suicide. We will arrest all those who harassed her orally or through social media. "Any person who we think has played a part in this girl committing suicide, we will make sure that they face the law". Read More »

Behold: the 161mph Fisker EMotion

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Fisker has revealed the Emotion electric luxury saloon at this year's Consumer Electronics Show ( CES ), in production guise. "With the EMotion", explains Fisker, "we're introducing edgy, dramatic and emotionally-charged design/proportions, complemented with technological innovation that moves us into the future". Read More »

Allegiant Air adding new nonstop flights to Florida, Charleston, South Carolina

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Flights from Indianapolis begin April 11 with one-way fares as low as $56. Fares for the flights from Cincinnati , Indianapolis and Pittsburgh will start as low as $48. The flights from Knoxville's McGhee Tyson Airport to Newark Liberty International Airport in New Jersey will resume June 8 and are available for booking now, Levy said. Read More »

Jamie Dimon Admits He Regrets Calling Bitcoin A Fraud

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Jamie Dimon is having second thoughts about bitcoin . Dimon labelled Bitcoin a " fraud ", threatened to fire any JPMorgan employees found trading it, and predicted that governments were going to "crush" Bitcoin. The cryptocurrency has fallen from its most recent peak in mid-December when it touched almost 20,000 USA dollars on some exchanges, though is still up significantly from the 900 United States dollar mark it was sitting at one year ago in January 2017. Read More »

Landmark step as microbeads ban takes effect in the UK

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It is estimated up to 51 trillion microbeads are now in our oceans , while a single shower can flush away an estimated 100,000 microbeads. A report by the cross-party Environmental Audit Committee showed that microplastic pollution could damaging to the environment than larger pieces of plastic, because its small size makes it more likely to be eaten by wildlife and then enter the food chain. Read More »

Amazon's Jeff Bezos becomes richest person in history

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Some have called Bezos the richest man in history, but according to CNBC's Robert Frank, if adjusted for inflation, Gates' $100 billion fortune in 1999 would be worth about $147 billion today. Bezos' other holdings include The Washington Post and Blue Origin , a private space travel business that intends to take tourists into space. Amazon shares rose 6.6 percent in 2017 and the company secured 89 percent of the online US spending market this holiday season among dominant stores. Read More »

Discovery leaving Silver Spring for NY

Discovery Communications headquarters is leaving Maryland, according to a memo sent to employees Tuesday morning. The company has been known to hold local events in downtown Silver Spring and in the D.C. "The offer was probably the largest in the county's history", he said. "Since the announcement of the deal, we have evaluated the strengths, capabilities and advantages of the Knoxville, Tennessee campus, which houses the major Scripps brands and creative digital teams along with corporate ... Read More »