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  • Asian shares mixed following advance on Wall Street
    Updated: 02/20/2019 1:26 AM

    BANGKOK (AP) — Shares were mixed in Asia on Wednesday after a modestly high finish on Wall Street that extended the market's gains into a fourth week. The Nikkei 225 index rose 0.6 percent to 21,431.49 despite news that Japan's exports sank 8.4 percent in January from a year earlier, far more than forecast. Hong Kong's Hang Seng index jumped 0.9 percent to 28,489,50, while the Shanghai Composite slipped 0.1 percent to 2,752.07. South Korea's Kospi jumped 1.0 percent to 2,228.12 and the S&P ASX 200 slipped 0.2 percent to 6,096.50.
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  • Fouled waters reveal lasting legacy of US mining industry
    Updated: 02/20/2019 1:05 AM

    RIMINI, Mont. (AP) — Every day many millions of gallons of water loaded with arsenic, lead and other toxic metals flow from some of the most contaminated mining sites in the U.S. and into surrounding lakes and streams without being treated, The Associated Press has found. That torrent is poisoning aquatic life and tainting drinking water sources in Montana, California, Colorado, Oklahoma and at least five other states. The pollution is a legacy of how the mining industry was allowed to operate in the U.S.
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  • Japan trade deficit highest in 5 yrs, hit by China doldrums
    Updated: 02/20/2019 12:19 AM

    TOKYO (AP) — Japan reports its exports tumbled 8.4 percent in January from a year earlier, as slowing Chinese growth pushed its monthly trade deficit to the highest level in nearly five years. Exports to all of Asia dropped 13 percent year-on-year, largely due to the 17 percent plunge in shipments to China, where growth recently has fallen to its slowest pace in three decades. The politically delicate trade surplus with the United States rose 5 percent to $3.3 billion, as exports climbed nearly 7 percent helped by rising shipments of cars and power generating machinery.
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  • Asian shares mostly higher, extending Wall St advance
    Updated: 02/19/2019 11:03 PM

    BANGKOK (AP) — Shares were mostly higher in Asia on Wednesday after a modestly high finish on Wall Street that extended the market's gains into a fourth week. The Nikkei 225 index rose 0.6 percent despite news that Japan's exports sank 8.4 percent in January from a year earlier, far more than forecast. Hong Kong's Hang Seng index jumped 0.7 percent, while the Shanghai Composite slipped 0.2 percent. South Korea's Kospi jumped 0.9 percent to 2,225.67 and the S&P ASX 200 slipped 0.4 percent to 6,084.10.
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  • US automakers to Trump: Don't slap tariffs on imported cars
    Updated: 02/19/2019 9:50 PM

    DETROIT (AP) — America's auto industry is bracing for a potential escalation in President Donald Trump's tariff war with the world, one that could weaken the global auto industry and economy, inflate car prices and trigger a backlash in Congress. Late Sunday, the Commerce Department sent the White House a report on the results of an investigation Trump had ordered of whether imported vehicles and parts pose a threat to U.S. national security. Commerce hasn't made its recommendations public, and the White House has so far declined to comment.
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  • Former Sessions spokeswoman joins CNN
    Updated: 02/19/2019 9:39 PM

    NEW YORK (AP) — CNN has hired a former spokeswoman for Attorney General Jeff Sessions for work on its political desk as 2020 elections coverage heats up. The network says Sarah Isgur will help manage teams in the field and coordinate use of stories between the network's television and digital arms. CNN said Tuesday she'll be one of several editors supervised by political director David Chalian and won't be in a policy-making role. People who have jumped from political to media work are more often on-screen hosts or commentators.
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  • Billionaire Icahn wants Caesars Entertainment to sell itself
    Updated: 02/19/2019 8:22 PM

    LAS VEGAS (AP) — Billionaire investor Carl Icahn on Tuesday disclosed he has taken a 10 percent stake in Caesars Entertainment and is pushing the casino giant to sell itself. The activist investor said in a filing with the Securities and Exchange Commission that he wants representation on Caesars' board and for the company to refrain from immediately appointing a new CEO. Caesars' stock is undervalued and the best way to boost it would be to sell the company, Icahn's filing states. Shares of the Las Vegas-based company jumped more than 5 percent Tuesday.
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  • Cheap and green: North Korean capital upgrades mass transit
    Updated: 02/19/2019 7:47 PM

    PYONGYANG, North Korea (AP) — Pyongyang is upgrading its overcrowded mass transit system with brand new subway cars, trams and buses in a campaign meant to show that leader Kim Jong Un is raising the country's standard of living. The long-overdue improvements, while still modest, are a welcome change for the North Korean capital's roughly 3 million residents, who have few options to get to work or school each day. First came new, high-tech subway cars and electric trolleybuses — each announced by the media with photos of Kim personally conducting the final inspection tours.
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  • Jailed Citgo executives in limbo amid Venezuela turmoil
    Updated: 02/19/2019 6:48 PM

    HOUSTON (AP) — A faint voice comes through the crackled phone line. On the other end, Tomeu Vadell, speaking from a military counterintelligence prison in Venezuela's capital, asks his daughters in Louisiana whether they've gone to church and says he plans to spend his Sunday doing pushups to keep his body and spirit intact. The call ends abruptly after two minutes, leaving Cristina and Veronica Vadell wondering when they'll next hear from their dad, who along with five other executives from Houston-based Citgo has spent 15 months jailed in Venezuela on what their families say are trumped-up corruption charges
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  • Walmart flexes in the fourth quarter, beats all expectations
    Updated: 02/19/2019 3:15 PM

    NEW YORK (AP) — Walmart defied a gloomy government retail sales report for December, delivering fiscal fourth-quarter profits and sales that beat Wall Street expectations. The world's largest retailer also enjoyed another quarter of surging e-commerce sales during the critical holiday period as it expanded its online assortment and services. Shares moved higher in afternoon trading Tuesday. The report provides more evidence that Walmart's efforts to expand online grocery services, including curbside pickup and home delivery, are widening the gap between itself and traditional rivals while at the same time holding its own against online leader Amazon.
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