• KB Toys plots a comeback as Toys R Us collapses
KB Toys plots a comeback as Toys R Us collapses

In a court ruling, Toys-R-Us said that their competitors would price toys "at low-margins or as loss-leaders" meaning they deliberately took a hit on toy revenue with the hopes of putting the final nail in the coffin for the long-time toy company.

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  • Crude Oil Surges Above USD63
Crude Oil Surges Above USD63

Futures rose 0.1 percent after climbing to the highest level in more than three weeks on Tuesday. "Because volatility tends to repeatedly cycle between highs and lows rather than smoothly trending in one direction for a long time, many traders could logically expect crude to break out of its low-volatility consolidation in the near future".

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  • Facebook, Google and Amazon face digital tax blow in Europe
Facebook, Google and Amazon face digital tax blow in Europe

An estimated €5bn in revenues a year could be brought in for member states if this tax is applied at a rate of three per cent, according to the Commission. firmly opposes proposals by any country to single out digital companies". But the measure is likely to pit low-tax European member states against countries like France and Germany, which hav...

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  • Fed raises rates, signals confidence in strengthening economy
Fed raises rates, signals confidence in strengthening economy

Policymakers also signalled they would increase rates twice more this year, while raising the forecast for rate hikes in 2019. The Fed's median projection in December was for three rate rises this year, followed by another two in 2019.

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  • The Avengers Are Not At All Prepared to Deal With Thanos
The Avengers Are Not At All Prepared to Deal With Thanos

Marvel Comics" much talked about venture " Avengers: Infinity War' trailer was released some time back and people can't stop gushing over it. "Marvel allowed us big swings". Plus there's the Soul Stone, the location for which is still unknown, but it very well could be somewhere on our pale blue dot. "It's this sort of "Earth-ist" point-of-...

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  • USA stock futures in triple-digit drop
USA stock futures in triple-digit drop

Oracle was the biggest %age decliner on the S&P 500 , falling 9% after the business software maker reported quarterly revenue that missed Wall Street estimates on disappointing sales from its cloud business. The U.S. central bank has raised borrowing costs five times since late 2015. The stock was set for its worst day since September 2012 and wa...

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  • Despite Chains Closing, Some Local Toy Stores Continue to Expand
Despite Chains Closing, Some Local Toy Stores Continue to Expand

Strategic Marks is in discussions with toy manufacturers including Mattel ( MAT ) as it works to resurrect the KB Toys name, he added. The company bought Whole Foods Market previous year and also has a line of bookstores . Therefore, he believes the company's brand still has a tremendous value. Given that Toys "R" Us represented about 12 percent...

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  • Gunman killed after barricade in restaurant near Princeton University
Gunman killed after barricade in restaurant near Princeton University

Princeton police are involved in a standoff with a man at a Panera near Princeton University. Princeton University police say an armed man has been surrounded inside the Panera restaurant on Nassau Street. As a precaution, the two campus buildings closest to the restaurant - Henry House and Scheide Caldwell House - were evacuated. We will upd...

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  • United Airlines Temporarily Suspends Transporting Pets in Cargo Holds
United Airlines Temporarily Suspends Transporting Pets in Cargo Holds

Under fire for its handling of pets , United Continental Holdings Inc. will stop taking reservations for its live-animal shipping program at least until May 1 while it reviews the program. A similar incident ended in the deaths of seven puppies in 2010. Two days later, another United flight traveling from Newark to St. Louis made an unplanne...

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  • United Kingdom inflation slows in February as Brexit hit to pound fades
United Kingdom inflation slows in February as Brexit hit to pound fades

United Kingdom food prices were also applying downward pressure, lifting 0.1% between January and February in contrast to a 0.8% rise the year before. The fall in food price growth was partly down to a shortage of salad and vegetables a year ago when bad weather hit crops in southern Mediterranean countries, the ONS said.

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  • Jose Mourinho: Some Manchester United players 'scared' in Brighton & Hove Albion win
Jose Mourinho: Some Manchester United players 'scared' in Brighton & Hove Albion win

It is clear Mourinho has tried everything in his power to help the player but if the player does not want to help himself then the Portuguese boss has a massive job to do at Manchester United and he can not wait for Shaw to realise what he is throwing away.

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  • Facebook security chief is reportedly leaving over misinformation dispute
Facebook security chief is reportedly leaving over misinformation dispute

According to the account of a Cambridge Analytica whistle-blower, the company used this information to develop techniques that helped President Donald Trump's 2016 campaign. "It will cause [advertisers] to think twice about how data from Facebook's users is handled", Debra Aho Williamson, principal analyst at eMarketer, said .

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  • Hitting repeat on the weather forecast
Hitting repeat on the weather forecast

He predicted 2 to 4 inches, noting that "snow during the day may be hard to accumulate unless it snows heavily - more snow on grassy areas compared to roads". Channel 3 has been naming winter storms since 1971. Accumulating snow, strong winds gusts and coastal flooding are once again possible along the Northeast seaboard.

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  • White House says no more staff changes coming
White House says no more staff changes coming

Turnover among White House senior staff during Trump's first year was at least twice as high as that of any of the five past presidencies, according to Brookings Institute research. U.S. National Security Adviser H.R. McMaster leaves his office at the end of the day at the White House in Washington, U.S. March 16, 2018. The person added that Kelly ...

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  • Is IndiGo flying defective planes on Srinagar air-route?
Is IndiGo flying defective planes on Srinagar air-route?

Low-priced carrier IndiGo was forced to ground another A320neo (new engine option) aircraft on Sunday as the snag-prone Pratt & Whitney engine again developed problems. The airline had also suffered two aircraft technical snags on Sunday. A Mumbai bound flight 6E 439 from Kochi had to reject take-off due to issues in its engine.

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  • United Airlines flight diverted after third dog incident in single week
United Airlines flight diverted after third dog incident in single week

The ordeal began Tuesday when Kara Swindle went to retrieve Irgo at a United Airlines cargo facility in Kansas City. "When he's super excited, he cries". United Airlines is having a ruff time. Eighteen of the 24 animal deaths on major U.S. air carriers in 2017 occurred on United flights. United provided compensation to all of the customers on...

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  • Thousands celebrate St. Patrick's Day in Charlotte
Thousands celebrate St. Patrick's Day in Charlotte

With bagpipes flaring, children scrambling for candy, and vast displays of green, orange, and white around town, the Fargo-Moorhead St. Patrick's Day Parade gives people a chance to celebrate Irish heritage. I wanted to bring some of my friends who haven't been here before to experience the parade and they love it here. A New York City firefigh...

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  • Hughes wants Southampton players to raise game
Hughes wants Southampton players to raise game

For Mark Hughes , this was, in the end, a highly satisfying start to life as Southampton manager. Southampton secured their place in the semi-finals of the 2017/18 FA Cup with a 2-0 victory over Wigan Athletic on Sunday. Though Keown's comments may have been tongue in cheek, and Wigan eventually losing out, Morsy impressed completing 8...

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  • Word Bank Pegs India's Growth For 2018-19 At 7.3 Percent
Word Bank Pegs India's Growth For 2018-19 At 7.3 Percent

Sustaining a growth rate higher than 7.5%, and reaching an aspirational growth rate of 8% or higher will require contributions from all domestic sectors and support from the global economy, the World Bank said. "This will require continued impetus for structural reforms". "India's long-term growth has become more steady, stable, diversified and r...

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  • Dog sent overseas by mistake returned to Kansas family
Dog sent overseas by mistake returned to Kansas family

On Tuesday, another case of mistaken canine identity occurred on a United flight, sending a pet owner into a frenzy when she discovered a Great Dane in the place of her German shepherd, Irgo, in a facility at the Kansas City airport. United Airlines is facing criticism after a dog died on a 3 1/2-hour flight and accidently shipping another dog to...

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