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Pence family’s failed gas stations cost taxpayers $20M+

The collapse of Kiel Bros. Oil Co. in 2004 was widely publicized. Indiana alone has spent at least $21 million on the cleanup thus far, or an average of about $500,000 per site, according an analysis of records by The Associated Press. The federal government, meanwhile, plans to clean up a plume of cancer-causing solvent discovered beneath a former Kiel Bros. station that threatens drinking water near the Pence family’s hometown. …read more […]

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Upcoming Tech Earnings to Watch: NFLX, MSFT, SWKS

Earnings growth is expected to be aplenty this season–although it will take a strong batch of marquee reports for investors to overlook global trade war uncertainty. One important battleground will be in the technology sector. Here are the most important tech earnings reports to watch next week. …read more […]

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Trump says May’s Brexit plan kills hope of a U.S. trade deal

President Donald Trump directly criticized Prime Minister Theresa May’s Brexit strategy, saying it had probably killed off hope of a U.S.-British trade deal and that she had failed to take his advice on how to negotiate with the European Union. In an interview published just hours before he was due to have lunch with May and tea with Queen Elizabeth on Friday, Trump chided the “very unfortunate” results of the prime minister’s Brexit negotiation. “If they do a deal like that, we would be dealing with the European Union instead of dealing with the UK, so it will …read more […]

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Justice Department to appeal approval of AT&T acquisition of Time Warner

The U.S. Justice Department said on Thursday it would appeal a federal judge’s approval of AT&T Inc’s (T.N) $85.4 billion acquisition of Time Warner, raising the prospect barely a month after the deal closed that it could be undone. AT&T was sued by the Justice Department on antitrust grounds, saying that the deal would harm consumers, but U.S. District Judge Richard Leon last month approved the deal, allowing it to move forward following a lengthy trial. Leon ruled that the tie-up between AT&T’s wireless and satellite businesses with Time Warner’s movies and television shows was legal under antitrust …read more […]

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U.S. Justice Dept to appeal approval of AT&T acquisition of Time Warner

The U.S. Justice Department said on Thursday it would appeal a federal judge’s approval of AT&T Inc’s $85.4 billion (£64.6 billion) acquisition of Time Warner, raising the prospect barely a month after the deal closed that it could be undone. AT&T was sued by the Justice Department on antitrust grounds, saying that the deal would harm consumers, but U.S. District Judge Richard Leon last month approved the deal, allowing it to move forward following a lengthy trial. Leon ruled that the tie-up between AT&T’s wireless and satellite businesses with Time Warner’s movies and television shows was legal under …read more […]