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What did Michael Flynn tell the Russians?

  Michael Flynn’s real problem isn’t the Logan Act, an obscure and probably unenforceable 1799 statute that bars private meddling in foreign policy disputes. It’s whether President Trump’s national security adviser sought to hide from his colleagues and the nation a pre-inauguration discussion with the Russian government about sanctions that the Obama administration was imposing. “It’s far less significant if ...

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Asia’s junk heart is at risk of a China cardiac arrest

  High-yield bonds have become the world’s hottest commodity as investors try to ride the global rally in stock markets. In Asia, however, that could mean dangerous times ahead. On Monday, Road King Infrastructure Ltd. raised $300 million selling dollar bonds to yield 7.95 percent. Preliminary price talk centered around the 8.625 percent mark but demand was so strong that ...

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Trump and the dangers of radical tax reform

  President Donald Trump and his allies in Congress have big plans for tax reform, and there’s something to be said for ambition. But the way they’re promoting their ideas suggests they don’t quite understand their consequences — and that raises larger questions about whether the plan could work at all. House Republicans have long proposed cutting the corporate tax ...

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Michael Flynn Trump’s new nemesis

  The proverb ‘morning shows the day’ seems to be apt for Trump administration. It’s just little over three weeks and Team Trump is in disarray. The White House has become a jumble of lies, retractions and denials. First, Trump executive order barring travellers from seven Muslim majority countries and halting refugee program opened the Pandora box of confusion and ...

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Greece’s euro membership looks vulnerable again

  Greece is caught in a spat between its major creditors. On one side is the International Monetary Fund, which says “significant debt relief” is needed. On the other are the euro zone institutions, insisting on a primary budget surplus of 3.5 percent of gross domestic product and no further relief. Something’s got to give — and it could be ...

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Boeing analysts pumping the brakes have a point

  As Boeing Co.’s shares soar higher, the ranks of analysts who have a more earthbound outlook on the stock is growing. On Monday, Richard Safran of Buckingham Research became at least the third analyst covering the jumbo-jet maker to say the stock is more likely to fall than continue its climb. A trio doesn’t sound all that notable, but ...

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Will Amazon revolutionize shipping?

  For consumers, Amazon’s made shipping easy: Just choose the desired delivery date for your goodies and click. For the manufacturers who have to get those products to you, however, shipping remains a troublesome, inefficient, stubbornly analog business. Your “one-click” often translates into multiple phone calls, emails, faxes and reams of paperwork — all coordinated by a knowledgeable and well-connected ...

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Apple mulls China supplier for next-gen iPhone screen

  Bloomberg Apple Inc. is in discussions with China’s BOE Technology Group Co. to supply next-generation displays for future iPhones, a key component that’s being provided by a Samsung Electronics Co. unit, people familiar with the matter said. Apple’s been testing BOE’s active-matrix organic light-emitting diode screens for months but hasn’t decided if it’ll add the Chinese company to its ...

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Microsoft calls on nations to keep civilians out of cyberhacks

  Bloomberg Microsoft Corp. is urging countries to step up protection for civilians from state-sponsored cyberhacking, through the formation of international agreements similar to the Geneva Conventions and an independent group to investigate and share evidence on the attacks. The company also is advocating bilateral accords, such as the possibility that “the United States and Russia can hammer out a ...

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Ferrostaal forays into Middle East with cyber solutions

  Dubai / Emirates Business Ferrostaal Group, a leading provider of industrial solutions around the globe, announced the opening of Ferrostaal Technology Solutions L.L.C. (FSTS), its cyber-security focused systems integration division. With headquarters in Dubai Silicon Oasis, the new division will leverage Ferrostaal’s global cyber-security expertise and experience to help businesses in the Middle East reduce their risk and comply ...

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