October, 2017

• 14 October

  Obamacare insurers, states rush to react to Trump’s latest move

  

  Bloomberg States regulators and health insurers are rushing to react to the latest move by the Trump administration to dismantle parts of the Affordable Care Act, less than three weeks before their citizens and customers start signing up for coverage. President Donald Trump’s administration said it wouldn’t pay subsidies to insurers that are used to help lower-income people with medical ...

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• 14 October

  Amazon.com Inc pushes into Brazil

  

  Bloomberg Amazon.com Inc. is pushing into Brazil in earnest, sending a shudder through local retail stocks. After selling just books for a couple of years, Amazon is signaling it will expand in Latin America’s largest market, recruiting for several positions in Brazil, Bloomberg reported this week. Newspaper Valor said Amazon will begin selling electronics as soon as next week, because ...

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• 14 October

  Uber seeks more London talks as it appeals license ban

  

  Bloomberg Uber Technologies Inc., the world’s largest startup, appealed a London regulator’s decision to revoke the car service’s license as it seeks more settlement talks. Uber, which can continue to operate during the legal process, was banned by Transport for London over safety concerns and the company’s attempts to avoid regulation. The appeal, which could drag on for months, was ...

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• 14 October

  Sandberg puts onus on Congress to reveal ads

  

  Bloomberg Facebook Inc. “absolutely” supports the public release of all ads bought on its platform by Russian government-linked accounts but maintains that it’s up to Congress to decide when to do so, Chief Operating Officer Sheryl Sandberg said. The company is giving lawmakers whatever they ask for and will “stand by them” when they’re ready to release the ads, she ...

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• 14 October

  Ophelia may become Ireland’s strongest storm

  

  Bloomberg Category 2 Hurricane Ophelia is threatening everything from farms to a golf course owned by the family of US President Donald Trump as it heads for Ireland. Ophelia’s top winds were 155 kilometres an hour by 3.40 pm London time, reaching the second level of the five-step Saffir-Simpson scale. The storm, about 545 miles southwest of the Azores, is ...

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• 14 October

  Bitcoin competitors built in ex-Google coders’ laptops

  

  Bloomberg Bitcoin’s seemingly unstoppable surge to record highs isn’t deterring competitors. Former Silicon Valley developers are working on at least two new versions of the digital currency. Basecoin is seeking to solve bitcoin’s volatility with a team of former Google Inc. coders that are building what they hope will be a more stable version of the cryptocurrency. Cypherium has former ...

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• 14 October

  Trump walks tightrope with plan to toughen Iran N-deal

  

  WASHINGTON / Reuters The strategy that President Donald Trump has laid out to confront Iran and renegotiate a 2015 nuclear agreement requires a string of big bets to pay off in short order. The risk of failure is enormous. A hostile Congress must agree to pass legislation to toughen the terms of the accord. European allies with little appetite to ...

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• 14 October

  Trump balks at disclosing report backing travel ban

  

  Bloomberg President Donald Trump says those challenging the latest version of his travel ban in court can’t see a report explaining why he targeted immigrants from seven nations because it’s secret. The government on Friday told a Hawaii federal judge who demanded disclosure of the report that it’s classified and should remain off-limits as evidence in the court battle. That ...

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• 14 October

  Tension flares in flashpoint town as Kurdish-Iraqi crisis deepens

  

  BAGHDAD / Reuters Tension flared on Saturday in the ethnically mixed Iraqi town of Tuz Khurmatu after a clash between Kurdish and Shi’ite Turkmen political parties divided over the independence of the Kurdistan region, security sources said on Saturday. A dozen Kurdish families were displaced from the predominantly Turkmen district of Askari to Kurdish neighbourhoods of the town, after the ...

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• 14 October

  Venezuela opposition head says Maduro may block Russian trip

  

  Bloomberg A key critic of Venezuelan President Nicolas Maduro says he may be barred from travelling to Russia, where he’ll seek to build relations with one of the ailing regime’s few foreign backers. National Assembly President Julio Borges plans to leave Venezuela over the weekend to attend an international parliamentary forum in St. Petersburg and meet with Russian lawmakers. “In ...

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