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Business

Investors pile back into risk as fear fades away

Bullish investors have emerged from their late 2018 hibernation. Cash is piling back into the riskiest corners of the market. "The market oversold tremendously in December," said David Kelly, chief global strategist at JPMorgan Funds. "The things that fell the most were the ones likely to the rise the most." Hence the snap-back rally for crude oil, which crashed into …

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Microsoft: Cruel government stops using facial recognition

Microsoft President Brad Smith told the Business Insider that it would be "cruel" to stop government agencies from using facial recognition software. It follows the activists who write to Microsoft, Amazon, and Google last month that they are requesting to stop selling facial recognition software Smith said the prohibition on sales could stop good work, such as diagnosis of rare …

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USDA issues are recall for H-E-B chicken products sent to Texas stores

SPRINGFIELD, Mo. (AP) – Three more men in Texas recently pleaded guilty to stealing 654 guns from United Parcel Service trailers in Springfield, Missouri. Raynord Hunt, of Dallas, guilty of guilty Friday on charges in a federal indictment. Eric White, of Arlington, Texas, and Derrick White, of Dallas, who were guilty of the same case in January. Frank McChriston and …

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General Motors About To Start Removing 4,200 Salaried Workers

General Motors will open 4,200 worker wages Monday as part of its scramble to save billions of dollars in annual costs, reported by The Detroit News. GM announced in November that it has cut a total of 15 percent of the salaried workers, including 25 percent of the company's overseers. It also plans to shut down four manufacturing plants in …

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GM will start a Big Loss. Here Are Many Difficult Jobs.

General Motors plans to lay off 4,000 salaried works starting Monday, CNN reported. This is part of the company's previous announcement of a 15 percent reduction in the workforce announced in November. Along with hiring workers, GM also targets four manufacturing plants in the United States and another in Canada. The company made a decision as part of a strategic …

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Texas poultry company issues chicken recall

Washington D.C. A Texas company has recalled about 2,100 pounds (952.55 kilograms) of chicken items produced last month with incorrect labels. The U.S. Department of Agriculture on Saturday announced the recall by Taylor Farms of Dallas. USDA officials say the products are wrongly labeled as "Chile Relleno" due to misbranding. The items contain an undeclared allergen – wheat. Officials have …

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20-year-old dead after explosion levels home northeast of Sullivan | Local

SULLIVAN – One man died and a woman was injured in a house explosion that occurred Friday night northeast of Sullivan, along County Road 1700N west of Jonathan Creek Road. The Illinois State Fire Marshal's office is investigating. +6                         The force of an explosion leveled the home northeast of Sullivan, spreading debris across the yard and into the adjacent …

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