• Over 100 persons died in Uyo church building collasp

    Over 100 persons died in Uyo church building collasp

    According to the news agency, no fewer than 100 people were killed by collapsed church, belonging to Reigners Bible Church International, according to a resident and photojournalist who visited a morgue. "We managed to get him out, but we saw others dying all around us", he added. State police commissioner Murtala Mani debunking speculations that as many as 60 or 120 worshipers died in the incident.

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  • Dow, S&P 500, Nasdaq all close at records again

    Dow, S&P 500, Nasdaq all close at records again

    The S&P 500 was lifted higher by the strong financial sector and Nasdaq also gained on the back of rallying technology stocks. Smaller companies, which are more domestically focused than large multinationals, could stand to benefit more than larger companies from a pickup in USA growth.

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  • OPEC deal will pack little punch in raising oil prices

    It was last Wednesday that the Organization of Petroleum Exporting Countries (OPEC) agreed to cut oil production for the first time in eight years . "Curtailments from OPEC are required throughout 2017 to rebalance the market as USA shale supplies are expected to hit the market in 2017", said Rahul Prithiani, director at CRISIL Research.

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  • Markets Right Now: Dow, S&P 500 surge to record high closes

    Markets Right Now: Dow, S&P 500 surge to record high closes

    The Dow Jones industrial average .DJI, which has been setting record highs recently, closed at a fresh high on Wednesday as stocks continued a rally that began with Donald Trump's win in the November 8 us presidential election. Mr Trump's announcement that Japanese telecoms and internet firm SoftBank had agreed to invest $50bn in the USA also boosted markets, with Sprint shares rising 1.5%and T-Mobile gaining 1.8%.

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  • Area Family Helping Dakota Access Pipeline Protesters

    Area Family Helping Dakota Access Pipeline Protesters

    The Army's refusal to grant a permit for the Dakota Access oil pipeline to cross beneath the Missouri River has focused more attention on alternative routes, but several other options already have been considered and rejected as being more risky and expensive.

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  • Obama says his strategy is 'breaking the back' of extremists

    Homeland Security Committee Chairman Michael McCaul, Texas Republican, said Tuesday that the Obama administration "took the pressure off" Islamist terrorists . He said keeping United States troops there, under a weakened status of forces agreement with the Iraqi government, " could not have reversed the forces " that led to the rise of IS.

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  • Donald Trump Slams Another Indiana Company Planning To Move Jobs Overseas

    Vice President-elect Mike Pence says the incoming Trump administration will decide on a case-by-case basis whether to reach out to companies that are considering moving jobs out of the country, as the president-elect did with Carrier. One of Trump's main goals is "to promote American business and jobs". Trump vowed on the campaign trail to help military veterans receive better health care through the agency and to keep the Carrier jobs from going to Mexico, part of his overarching promise to ...

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  • The jobless rate falls, for all the wrong reasons

    The jobless rate falls, for all the wrong reasons

    Yellen and other central bank officials have indicated a small rate hike was coming this month as long as the labor market and broader economy continued to improve. He said the added construction jobs were promising for increased home construction . Such progress led members of the Federal Reserve to conclude at last month's meeting that the case for an increase in the benchmark rate had been "strengthened".

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  • Bergdahl seeks pardon before Trump takes office

    Bergdahl seeks pardon before Trump takes office

    The White House has received Bergdahl's pardon application, but could not comment on pending cases per standard practice, an official said on Saturday on condition of anonymity. Bergdahl avoids punishment. He is facing charges of desertion and misbehavior before the enemy that endangered fellow soldiers. Bergdahl was held captive for five years after being captured by the Taliban in Afghanistan Last month he court-martial trial was delayed for a second time and will now begin May 15 at ...

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  • Texas GOP Elector Resigns, Says He Cannot Vote for Trump

    Texas GOP Elector Resigns, Says He Cannot Vote for Trump

    In Washington state alone, Guerra is the third electoral college member to become a " faithless elector ". Instead of supporting Hillary Clinton (who Washington voted for), Guerra will cast her vote for a Republican compromise candidate. Chiafalo said he hopes a Republican leader will step forward. Ms Clinton has a lead of at least 2.5 million votes in the popular count but the electoral college system, starting with the Founding Fathers, guarantees a victor takes all system in each state.

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  • Mortgage rates rise in aftermath of Trump election

    Mortgage rates rise in aftermath of Trump election

    Mnuchin said Fannie and Freddie , which buy mortgages originated by banks and bundle them into debt securities, are "displacing private lending in the mortgage market". The borrowing cost on 30-year mortgages, the most widely held type of US home loan, averaged 4.08 percent in the week ended December 1, which was the highest since 4.09 percent in the week of July 16, 2015.

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  • U.S. housing price gains continue in September

    U.S. housing price gains continue in September

    The new peak set by the S&P Case-Shiller CoreLogic National Index will be seen as marking a shift from the housing recovery to the hoped-for start of a new advance. Other analysts caution that imbalances remain in the housing market. Miami and Tampa (up 0.5%) posted the largest month-over-month increase, while Cleveland and San Francisco posted drops of 0.4%, and Detroit posted a decline of 0.1%.

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  • Tallow tensions: Vegans want 'fat-free' UK 5-pound bank note

    Tallow tensions: Vegans want 'fat-free' UK 5-pound bank note

    More than 12,000 people signed a petition today demanding the withdrawal of Britain's newly- issued plastic five-pound banknotes that are manufactured using animal fat . Some say they aren't either vegetarian or vegan, but still find the use of animal fats unpleasant and unnecessary. Maw said he was "disgusted" when he heard that the cash in his pocket had animal fat in it, the Daily Mail reported .

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  • New Amazon Echo Reportedly Features Touchscreen Display

    The device will make it less complicated for people when accessing content like weather, calendar events and the news, sources told Bloomberg . The report also says the speaker will be larger and tilt upward for standing users. " Amazon also promotes it heavily, with special pricing on multiple Echo device purchases and Echo devices bundled with compatible speakers and home automation devices".

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  • Saudi-Iran rivalries could scuttle tentative OPEC deal

    He said it would be enough to push prices up. "If crude inventories grow, oil prices may dip below $45 a barrel". Analysts said a surge in the dollar - on the back of expectations of sharper rises in USA interest rates - could be fading, with emerging market currencies breathing a sigh relief.

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  • Coca-Cola Company (The) (NYSE:KO) Updated Broker Ratings

    Coca-Cola Company (The) (NYSE:KO) Updated Broker Ratings

    During the same period in the previous year, the business posted $0.51 EPS. Insider Transactions: Since November 3, 2016, the stock had 0 buys, and 2 sales for $1.90 million net activity. 07/12/2016 - Coca-Cola Company (The) had its "buy" rating reiterated by analysts at Goldman Sachs. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.26 on scale of 1-5.

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  • US workers rally in first 'Fight for $15' protest since Trump win

    US workers rally in first 'Fight for $15' protest since Trump win

    Workers in Charlotte are joining the national Fight for $15 protests on November 29. Uber drivers , baggage handlers and cabin cleaners at Chicago's O'Hare Airport, plus hospital workers in Pittsburgh. Since then, several major employers such as Wal-mart Stores Inc. have raised some rates of compensation. - Employees made their voices heard Tuesday morning as part of the "Fight for $15" minimum wage protests.

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  • After criticizing the New York Times, Trump meets with staff

    The scramble to shape his administration underway, President-elect Donald Trump's team has simultaneously begun turning its attention to raising tens of millions of dollars for festivities related to his Washington . Trump, however, has repeatedly said the agreement is bad for US businesses. "I wouldn't use that term after what happened", Trump said . A report by the Washington Post suggests Donald Trump is skipping most daily intelligence briefings while Mike Pence is attending.

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