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Central American asylum seekers denied US entry for 2nd day

About 200 people in a caravan of Central American asylum seekers waited on the Mexican border with San Diego for a second straight day on Monday to turn themselves in to U.S. border inspectors, who said the nation’s busiest crossing facility did not have enough space to accommodate them. After a monthlong journey across Mexico under the Trump administration’s watchful eye, the asylum seekers faced an unexpected twist Sunday when U.S. Customs and Border Protection Commissioner Kevin McAleenan said San Diego’s San Ysidro border crossing facility had “reached capacity.” The agency said in a statement on Monday that it …read more […]

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Here's what Apple could do with its huge cash pile (AAPL)

Apple has the financial strength to ramp up its buyback program, according to RBC Capital Markets analyst Amit Daryanani. Apple could buy back $25 billion of its own stock over the next five years. At $261 billion, Apple has the largest cash pile of any US company, and a large chunk of that is stashed overseas. …read more […]

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Israel says documents prove Iran lied about nuclear program

Israel’s prime minister on Monday unveiled what he said was a “half ton” of Iranian nuclear documents collected by Israeli intelligence, claiming the trove of information proved that Iranian leaders covered up a nuclear weapons program before signing a deal with the international community in 2015. In a speech delivered in English and relying on his trademark use of visual aids, Prime Minister Benjamin Netanyahu claimed that the material showed that Iran cannot be trusted, and encouraged President Donald Trump to withdraw from the deal next month. “Iran lied big time,” Netanyahu declared. …read more […]

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Oil spikes as Israeli prime minister says Iran 'lied big time' on nuclear deal

Oil prices rose Monday as tensions between archenemies Israel and Iran ratcheted up. Israeli Prime Minister Benjamin Netanyahu accused Iran of secretly pursuing nuclear weapons. Oil prices jumped Monday, after Israeli Prime Minister Benjamin Netanyahu accused Iran of secretly pursuing nuclear weapons Monday afternoon. …read more […]

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One of the most reliable Apple analysts has left for a new job — and it's bad news for Apple fans (AAPL)

Analyst Ming-Chi Kuo has become famous among Apple observers for publishing accurate rumors about upcoming Apple products. If you’ve heard a rumor about an unreleased Apple product in the past five years, there’s a good chance it came from Ming-Chi Kuo, an equities analyst at financial firm KGI Securities. …read more […]

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Exclusive – U.S. EPA grants biofuels waiver to billionaire Icahn’s oil refinery: sources

The U.S. Environmental Protection Agency has granted a financial hardship waiver to an oil refinery owned by billionaire Carl Icahn, a former adviser to President Donald Trump, exempting the Oklahoma facility from requirements under a federal biofuels law, according to two industry sources briefed on the matter. The waiver enables Icahn’s CVR Energy Inc to avoid tens of millions of dollars in costs related to the U.S. Renewable Fuel Standard (RFS) program. …read more […]