BizTechNews

Seattle Super Bowl win better for stocks

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The Super Bowl. The stock market. No relation, right? Well, every time this year as the big game approaches stock market stories (OK, like this one) talk about the Super Bowl Indicator. This purported forecasting tool says that if a team from the old National Football League wins the game, the stock market will be up that year. If the winner ...

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Stocks: Bad month, bad year (so far)

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Stocks ended on the losing side of another volatile day of trading Friday, the Dow tumbling 252 points, or 1.5%, and the S&P 500 sinking below the 2000 level. The Dow, now at 17,164.95, is down 4.9% from its high — just below the 5% that constitutes a technical “pullback.” On the last day of a blustery and bearish January, ...

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Eddie Murphy to return to ‘Saturday Night Live’ after 30 years

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After a more than 30 year hiatus from the show that launched his career, Eddie Murphy is making his long-awaited return to Saturday Night Live. Murphy was officially an SNL cast member from 1980-1984. “It just never worked out where the timing was right for me to do it,” Murphy, 53, said during an interview with Roland Martin on News One ...

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Judge rejects man’s ‘racist will’ that disinherits daughter for having ‘bastard white son’

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A judge made legal history by overturning a man’s will for itsovertly racist stipulations. In the will, Rector Emanuel Spence disinherited his closest daughter, instead leaving $400,000 to a daughter he hardly knew in the UK. “Verolin’s relationship with her father came to a dramatic end. She told her father that she was pregnant and that the father of her ...

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How Apple Is Raking In The Profits While Competitors Struggle

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By Victor Ochieng Apple Inc. is one of the world’s biggest technology companies. It also ranks among the most profitable. The company is reputed for its high-end gadgets that include smartphones, tablets and computers. But that isn’t what gets every investor and market analyst hooked. It’s the way the company is able to get people in long queues every time ...

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Stocks rally as Dow jumps 226 points

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Stocks staged a strong afternoon rally and closed higher Thursday as the major indexes broke a two-day losing streak. The Dow Jones industrial average jumped 226 points, or 1.3%, to 17,417, with Boeing (BA) and McDonald’s (MCD) leading the gains. The Standard & Poor’s 500 index gained 19 points, or 0.9%, to 2021 and the Nasdaq composite index added 45 ...

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Is Google the Teflon stock?

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SAN FRANCISCO — Are Google shares made of Teflon? Google missed Wall Street revenue targets on Thursday amid rising concern about slowing growth in its search business. It was the fifth straight miss for the technology giant. Yet investors took the disappointing news in stride. Shares initially fell as much as 3% in after-hours trading then bounced back. Bottom line, ...

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Watch: Chilling Video of Gunman During His Shooting Spree at Florida State University

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The footage shows Myron May appearing eerily calm, even when he walked up to frightened staffers and shot at point-blank range. Myron May, the 31-year-old Florida State University 2005 alum who went on a shooting spree in the school’s library in November, can be seen carrying out the attack in new surveillance video recently released to the public, the New ...

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Fla. Mother: School Did Nothing After My 6th-Grader Was Attacked

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Video capturing the attack shows Nicki Lee’s daughter enduring multiple blows by at least two female students on a school bus. Florida’s Nicki Lee was fuming when she saw footage of her sixth-grade daughter being pummeled by other students on a school bus in mid-January, but what upset Lee even more is that neither the bus driver nor Jacksonville school ...

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McDonald’s CEO steps down as sales decline

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NEW YORK (AP) — McDonald’s CEO Don Thompson is stepping down as the world’s biggest hamburger chain fights to hold onto customers and transform its image. The company said Thompson, who has been CEO for two-and-a-half years, will be replaced by Steve Easterbrook, a company veteran who rejoined McDonald’s as its chief brand officer in 2013. McDonald’s Corp., which has ...

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