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The Latest: Trump feels ‘unwelcome’ in London, cites blimp

President Donald Trump says he doesn’t feel welcome in London, and he blames that in part on Mayor Sadiq Khan. The American president reveals in an interview with The Sun newspaper that he has been told about a 20-foot “Trump baby” balloon that will be flown above Parliament Square on Friday as protesters march. Trump blames the atmosphere and recent terrorist attacks there on Khan, who is a Muslim. …read more […]

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Intel acquires small chipmaker to bolster efforts beyond CPUs

Intel Corp said on Thursday that it plans to acquire eASIC, a small chipmaker that will help further Intel’s efforts to diversify away from CPU chips. Intel did not disclose terms of the deal for eASIC, which is based in Intel’s hometown of Santa Clara, California. An Intel spokeswoman said the price was “not material,” but that about 120 people would join Intel’s so-called programmable solutions group as a result. …read more […]

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3 Cloud Stocks to Buy Right Now

In a matter of just a few years, “the Cloud” has evolved from a budding new tech feature to one of the main factors driving growth in the technology sector. New technologies and changing consumer behavior have changed the shape of the technology landscape, and an industry that was once centered on the personal computer has adapted to survive in the world of mobile computing and the Cloud. The markets have been paying attention, and some of the best tech stocks have been those that are either primarily cloud-based companies, or those that have shown growth in their …read more […]

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Trump claims big win at NATO, but allies say no

President Trump says he believes in NATO, after extracting new defense spending commitments from US allies. But France is denying any deal was struck. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer and Jacob Parakilas of Chatham House discuss the implications of the President’s visit. …read more […]

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Papa John’s says founder resigned as chairman of the board.

Papa John’s founder John Schnatter has resigned as chairman of the pizza chain’s board. The company made the announcement late Wednesday, hours after Schnatter apologized for using a racial slur during a conference call in May. Schnatter, who has appeared in TV ads for the pizza chain, still owns about 30 percent of the company’s shares. Forbes reported that Schnatter used the N-word during a media training exercise. …read more […]

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Indonesia to announce Freeport acquisition structure – source

Indonesia is set to announce later on Thursday the details of a deal to acquire a majority stake in the local unit of U.S. copper miner Freeport McMoRan Inc, a source with knowledge of the matter said. The announcement is expected to include the share price, share holding and structure of the deal, which would give Indonesia’s state mining company, PT Inalum, a majority holding in Grasberg, the world’s second biggest copper mine. Finance Minister Sri Mulyani Indrawati is scheduled to sign a heads of agreement with PT Freeport Indonesia at …read more […]

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Broadcom will acquire CA Technologies for $18.9 billion, just 4 months after Trump blocked its acquisition of Qualcomm (AVGO, CA)

The deal was first reported earlier on Wednesday by the Wall Street Journal, and later confirmed by CA Technologies in a press release. News of this deal comes just four months after President Trump blocked Broadcom from acquiring Qualcomm in a $103 billion hostile takeover on the grounds on national security. Broadcom, which was based in Singapore, has made moves in recent months to increase its presence in the US. …read more […]

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Execution blocked after company objects to use of its drug

A Nevada judge effectively blocked the execution of a two-time killer Wednesday after a pharmaceutical company objected to the use of one of its drugs to put someone to death. Clark County District Judge Elizabeth Gonzalez disallowed the drug in a ruling that came less than nine hours before Scott Raymond Dozier, 47, was to be executed by injection with a three-chemical combination never before tried in the U.S. State prison officials later called off the 8 p.m. execution, and a judge issued an order indefinitely postponing it. …read more […]