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White House weighs September release of new health care plan

Bloomberg The Trump administration is considering releasing a health care plan next month to counter the push by some 2020 Democratic candidates for a Medicare for All program, Dow Jones reports, citing people familiar with the discussions that it didn’t identify. The plan could include a guarantee to maintain coverage for people with pre-existing conditions, as well as efforts to ...

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Uber expects another short-term UK license

Bloomberg Uber Technologies Inc. expects to only be given another short-term license to operate in London when its current permit to operate there ends towards the end of next month, Sky News reported. The company has little chance of securing a longer term five-year agreement for the UK capital, according to report. London is one of Uber Technologies’s most successful ...

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For Ireland plc, pain of no-deal Brexit starts to hit home

Bloomberg Ireland’s biggest companies are getting a taste of the pain that could come from the UK crashing out of the European Union without a deal. Amid the deepening impasse over how to deal with the Irish border, the country’s ISEQ All-Share Index has been the worst performing benchmark in Europe, the Middle East and Africa since Boris Johnson became ...

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Gunman kills 20, wounds 26 at Walmart store in Texas

Texas / WAM A man armed with a rifle opened fire at a Walmart store in El Paso, Texas, killing 20 people and wounding 26 others as panicked shoppers and employees scurried for cover before the gunman surrendered to police at the scene, Reuters has reported. Many shoppers in the busy store were buying back-to-school supplies when they found themselves ...

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Sudan rivals ink new power-sharing deal

Bloomberg Sudan’s ruling military council signed a deal with its political opposition outlining how they’ll share power in a three-year transitional government, the latest step towards democracy after President Omar al-Bashir’s overthrow. The two sides inked the so-called constitutional declaration on Sunday in the capital, Khartoum. The African Union’s envoy to Sudan, Mohamed el-Hassan Lebatt, said at the ceremony that ...

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Beijing won’t let HK unrest go on: Xinhua

Bloomberg China’s central government won’t sit by and let the disruption in Hong Kong go on, according a commentary by the Xinhua News Agency, which condemned the violence that’s wracked the financial hub for weeks and took aim at protesters whom it said tossed a Chinese national flag into the harbour. “We must warn all the ugly forces that try ...

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Hundreds detained at Moscow protests

Bloomberg Russian police detained almost 700 people, including opposition leaders, at Moscow protests against the authorities’ decision to ban anti-Kremlin candidates from running for the city council next month, according to independent legal-aid group OVD-Info. The number of protesters being held reached 685 as of 6:40 pm local time, the group estimated on its website. The Moscow police unit on ...

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Immigration opens another divide for 2020 Democrats

Bloomberg Calls by some top Democratic presidential contenders to decriminalise border crossings have divided the party and risk turning the issue of immigration into one that President Donald Trump eagerly exploits during his 2020 re-election bid. Senators Bernie Sanders, Elizabeth Warren and Kamala Harris are among the leading candidates who’d make illegally crossing the border a civil rather than a ...

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Trump’s fresh China tariffs will affect US consumers

Americans reading gloomy headlines about the trade war with China could be forgiven for wondering what all the fuss is about. Bloomberg’s consumer comfort index, a weekly phone survey conducted since 1985, is running at its highest levels since 2000. Similar gauges of the household sector, such as the University of Michigan’s consumer sentiment index and the Conference Board’s various ...

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The bright spot in smartphone industry

Smartphone sales may be stagnating, but one particular strand of technological wizardry behind them is not. Companies that make the sensors powering your phone’s camera and facial recognition system are preparing for a mini boom. The slowdown in global smartphone sales has made life tougher for semiconductor makers. Chips giants from Qualcomm Inc. to Samsung Electronics Co. Ltd. have all ...

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