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New York sues Charter over slow internet speeds

New York Attorney General Eric Schneiderman today filed a lawsuit against Charter Communications, the parent company of Spectrum (previously known as Time Warner Cable.) The lawsuit alleges that the cable and internet provider misled customers on internet speeds and failed ...

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Amazon to spend $1.49B on new air cargo hub

Amazon is making a major investment to boost its air delivery capabilities. The world’s largest e-retailer plans to spend $1.49 billion to create its first worldwide air cargo hub at the Cincinnati/Northern Kentucky Airport in Hebron, Kentucky, the company and ...

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Exclusive: Peanuts, home of Snoopy and Charlie Brown, up for sale

U.S. brand management company Iconix Brand Group Inc is exploring a sale of its majority stake in Peanuts Worldwide LLC, which owns the rights to cartoon strip characters Snoopy and Charlie Brown, according to people familiar with the matter. The ...

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Ford’s CEO told Trump that new fuel economy standards could cost a million jobs

Ford CEO Mark Fields informed President Donald Trump that around 1 million jobs could be at risk if newly implemented fuel economy standards aren’t adjusted. The assessment came following a meeting between the heads of major automakers and the president ...

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It’s Make or Break for Samsung Amid Bribery Charges and the Note 7 Fiasco

It’s make or break time for Samsung as the company seeks to rebound after a number of high-profile embarrassments. The South Korean electronics company is set to report earnings Tuesday morning local time after what has arguably been the most ...

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Samsung confirms faulty batteries as cause of Note 7 fires

Samsung’s probe into its Galaxy Note 7 fiasco has found that the overheating and burning of the phones was caused by defective batteries. The firm had axed its iPhone rival in October last year after an earlier botched recall and ...

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Samsung chief allowed home, prosecutor vows to keep chasing

A South Korean court on Thursday denied a special prosecutor clearance to arrest the head of Samsung Group [SAGR.UL], the country’s largest conglomerate, amid a graft scandal that has led to the impeachment of President Park Geun-hye. But Jay Y. ...

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British Airways crew announce new strike over pay: here’s what to do if you’re affected

British Airways cabin crew will stage a three-day strike from Thursday (January 19) in an ongoing dispute over pay. The airline says the vast majority of its flights will be unaffected by the walk-out – the second in just over ...

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Renault: Latest car maker targeted in ‘dieselgate’

  Following Volkswagen and Fiat Chrysler, Renault is being investigated over possible ‘cheating’ in diesel emissions. French prosecutors are investigation Renault over suspected cheating on vehicle exhaust emissions, which caused the car maker’s shares to fall. On Friday, prosecutors said ...

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South Korea scandal: Samsung chief Lee Jae-yong a suspect

Samsung heir-apparent Lee Jae-yong is to be interviewed as a suspect in a corruption scandal surrounding the impeached South Korean president. The firm is accused of giving donations to non-profit foundations operated by Choi Soon-sil, a confidante of President Park ...

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