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Aramco hopes to repair remaining damage from attacks by end-Nov

Oil major Saudi Aramco hopes to fix by the end of November the last four key pieces of equipment damaged during attacks last month, in a move to allow it to fully regain production capacity, company officials said on Saturday. The mid-September attacks on the Abqaiq and the Khurais plants caused damage that halved the crude output of the world’s top oil exporter by shutting down 5.7 million bpd of production, driving a spike in oil prices. Yemen’s militant Houthi group claimed responsibility but a U.S. official said the attacks originated from southwestern Iran and Riyadh blamed Tehran. …read more […]

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Build a Wealthy Retirement by Practicing Healthy Savings Habits

This week, we’re honoring National Savings Day by taking a look at our readers’ savings habits.
It can be difficult to save for a distant retirement or to manage high monthly expenses and still set income aside – but as our readers know, it is crucial to save early and often. As one reader wrote…
My 7-year-old granddaughter has a “bank,” which has three slots… save, share and spend. When she receives cash money, she allocates money into each slot…
In addition, she does have a savings account at her parents’ credit union. She knows that this is her 529 college fund, …read more […]

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AP FACT CHECK: Trump's shoddy info on Syria, impeachment

President Donald Trump spread shoddy information about Syria, the economy and matters at the heart of the impeachment inquiry against him in a week of caustic rhetoric. TRUMP, on Hunter Biden, whose father is former Vice President Joe Biden, a Trump political rival: “Guy walks in, no experience, no nothing, walks out with $1.5 billion. … So China gives his son $1.5 billion. …read more […]

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News Fix: Cannabis Companies Roll With the Changes

In the last issue of the First Stage Investor newsletter, Early Investing Co-Founder Andy Gordon made the argument that it was time for startups to shift their focus from baby boomers to millennials.
But the Fix is here to say not so fast, Andy. Startups addressing the changing needs of boomers are more interesting than ever (and we’re going to completely ignore the fact that Andy gave Generation X no love – harrumph!).
While the Fix was at TechCrunch Disrupt last week, we ran into Tombot. Tombot is a startup that creates robot dogs to help dementia patients. The dogs, which are …read more […]