UPDATE 1-Aeromexico says looking to restructure financial obligations, has not decided on Chapter 11

(Recasts with restructuring plan) MEXICO CITY, June 19 (Reuters) – Aeromexico is analyzing its options for an orderly restructuring of short and medium term financial commitments, the Mexican airline said on Friday, adding that it had not decided whether to seek Chapter 11 protections in the United States. Aeromexico shares fell more than 5% in early trading after a newspaper […]

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Pompeo Tells China Not to Interfere With U.S. Media in Hong Kong

Secretary of State Mike Pompeo warned China against interfering with the work of U.S. journalists in Hong Kong, and said actions impinging on freedoms there could damage diplomatic relations. “These journalists are members of a free press, not propaganda cadres, and their valuable reporting informs Chinese citizens and the world,” Pompeo said a statement. Pompeo said without offering details that […]

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North Korea’s Kim Resurfaces With Visit to Fertilizer Factory

In this article North Korean leader Kim Jong Un attended the opening of a fertilizer factory on May Day, according to state media, in his first public appearance since a flurry of media reports prompted questions about his health. Kim cut the ribbon to denote the completion of the Sunchon Phosphatic Fertilizer Factory, the official Korean Central News Agency reported […]

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MSNBC’s Chris Matthews apologizes for Nazi analogy after Bernie Sanders’ Nevada victory

NEW YORK — MSNBC’s Chris Matthews apologized Monday to Bernie Sanders for comparing the Democratic senator’s win in the Nevada caucus to the Nazi takeover of France. Matthews’ self-described “bad” analogy deepened the discontent that the presidential candidate and his supporters have been feeling lately toward the cable network, one that is usually friendly territory for liberals. “Sen. Sanders, I’m […]

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Groupon and Blue Apron’s real problem: Neither business model works, experts say

Groupon Inc. shares slid 43% Wednesday and Blue Apron Inc. was down 22%, after far weaker-than-expected earnings from both companies revived concerns about the sustainability of their business models. Groupon’s GRPN, +2.65% decline marked the biggest one-day selloff since its 2011 IPO and came in heavy volume of 119 million shares that made it the most actively traded stock on U.S. […]

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Snap Stock Bounces Back, but How Long Will It Last?

Snap Inc. (NYSE: SNAP) stock fell after a fourth-quarter earnings report that troubled investors. However, a close look at its millions of daily active users shows a figure of 218 million, higher than Wall Street analysts expected, based on consensus data. Snap stock quickly rallied and rose toward a 52-week high. Trading volume also surged above recent levels. In reality, […]

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Robert Conrad, star of ‘The Wild, Wild West,’ dies at 84

Robert Conrad, the rugged, contentious actor who starred in the hugely popular 1960s television series “Hawaiian Eye” and “The Wild, Wild West,” died Saturday. He was 84. The actor died of heart failure in Malibu, California, family spokesperson Jeff Ballard said. A small private service is planned for March 1, which would have been his 85th birthday. “He lived a […]

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Are Q4 Earnings Twitter’s Time to Shine?

Twitter Inc. (NYSE: TWTR) is scheduled to release its fourth-quarter financial results before the markets open on Thursday. The consensus estimates are $0.29 in earnings per share (EPS) and $996.74 million in revenue. In the same period of last year, the social media giant said it had $0.31 in EPS and $908.84 million in revenue. During the fourth quarter, Citigroup […]

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