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Revelations of US cardinal sex abuse will force pope’s hand

Revelations that one of the most respected U.S. cardinals allegedly sexually abused both boys and adult seminarians have raised questions about who in the Catholic Church hierarchy knew — and what Pope Francis is going to do about it. If the accusations against Cardinal Theodore McCarrick bear out — including a new case reported Friday involving an 11-year-old boy — will Francis revoke his title as cardinal? Or even defrock him, the expected sanction if McCarrick were a mere priest? …read more […]

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Sky Is Comcast’s Final Prize as Disney Battle Approaches Endgame

After raising the white flag in the battle with Walt Disney Co. for the bulk of Rupert Murdoch’s media empire, Comcast Corp. Chief Executive Officer Brian Roberts has one last prize to fight for: the British pay-TV company Sky Plc. Comcast currently has the upper hand in the race for Sky, with an offer of 26 billion pounds ($34 billion) that’s 6 percent higher than a rival, Disney-backed bid by Murdoch’s 21st Century Fox Inc., which already owns 39 percent of the company. Buying Sky would give Comcast international scale, a hedge against the erosion of cable-TV viewing …read more […]

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Democratic socialism surging in the age of Trump

Last Friday, Maine Democrat Zak Ringelstein wasn’t ready to consider himself a formal member of the Democratic Socialists of America, even if he appreciated the organization’s values and endorsement in his bid to become a United States senator. Three days later, he told The Associated Press that was ready to become the only major-party Senate candidate in the nation to be a dues-paying democratic socialist. …read more […]

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3 Things to Watch in Tuesday’s AT&T Earnings Report

This year hasn’t been a great one for AT&T (NYSE:T) shareholders. T stock is down 19% since the end of December, as investors grapple with the impact of rising interest rates on dividend stocks, the uncertainty regarding the union of Time Warner and AT&T, and the fact that most of its key markets are not only quite competitive, but highly saturated. A reversal of fortune for struggling AT&T shares may be right around the corner. …read more […]

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Duck boats linked to more than 40 deaths since 1999

Duck boats like the one that sank in Branson, Missouri, killing 17 people, have a long history of safety problems and have been linked to the deaths of more than 40 people since 1999. The deadly sinking in Missouri brought back painful memories of a similar accident nearly two decades ago in Arkansas. Both duck boats had overhead roofs or canopies that the National Transportation Safety Board warned could greatly increase the risk of passengers becoming trapped in the boat and drowning. …read more […]

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Thousands of Tesla Model 3 cars are sitting in giant parking lots in California — here's why (TSLA)

Photos of numerous Tesla vehicles at locations in California have shown up on Twitter. Tesla’s rapidly expanding production of its Model 3 means that the company is running out of space at its factory in Fremont. Some photos of Tesla vehicles parked at several locations in California recently surfaced on Twitter. …read more […]

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People are donating money to Kylie Jenner to help her become the world's youngest billionaire

Kylie Jenner, 20, has an estimated net worth of $900 million, according to Forbes. When Forbes reported this week that Kylie Jenner, the 20-year-old cosmetic mogul from the Kardashian/Jenner family, was just $100 million shy of becoming the world’s youngest self-made billionaire, fans of the reality-TV star banded together. …read more […]