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Photographers take photos of people posing for pictures a the base of the Statue of Liberty, Thursday, July 4, 2013 at in New York. The Statue of Liberty finally reopened on the Fourth of July months after Superstorm Sandy swamped Liberty Island in New York Harbor as Americans across the country marked the holiday with fireworks and barbecues. (AP Photo/Mary Altaffer)

Fourth of July celebrations across the globe

From colonial re-enactments in Boston to flag-shaped cakes in Afghanistan, Americans around the world celebrate Independence Day on July 4.

  • 8 Things You Should Never Keep in Your Wallet

    8 Things You Should Never Keep in Your Wallet

    That overstuffed wallet of yours can’t be comfortable to sit on. It’s probably even too clunky to lug around in a purse, too. And with every new bank slip that bulges from the seams, your personal information is getting less and less safe. With just your name and Social Security number, identity thieves can open new credit accounts and make costly purchases in your name. If they can get their hands on (and doctor) a government-issued photo ID of yours, they can do even more damage, such as opening new bank accounts. These days, con artists are even profiting from tax-return fraud and health-care fraud, all with stolen IDs. We talked with consumer-protection advocates to identify the eight things

  • Hasta la vista Microsoft: Why IBM's switch from Windows to Macs is one of its greatest decisions
    International Business Times UK

    Hasta la vista Microsoft: Why IBM's switch from Windows to Macs is one of its greatest decisions

    IBM says that it has saved millions of dollars by getting employees to use Apple Macs rather than Windows PCs, as Windows machines apparently cost three times more in support than Macs. Fletcher Previn, IBM's vice president of workplace as a service, is essentially the head of the conglomerate's IT department, and after years of experience in managing Windows PCs for large corporations, he decided things needed to change. In October 2015, Previn told the Jamf 2015 conference audience that 30,000 IBM employees were now using Macs, and when it came to support for employee computers, while 40% of all Windows users required someone to be sent out to fix the problem in person, which costs a lot more than a support call, in comparison, the same level of assistance was only required by 5% of Mac users. IBM's employees and contractors in North and South America, Europe, China, India, Asia Pacific, Middle East and Africa are using about 604,000 laptops, consisting of 442,000 Windows PCs, 90,000 Macs and 72,000 Linux PCs, and each of the operating systems have separate customer support and firmware needed.

  • New NYC law, San Francisco lawsuit highlight global risks for Airbnb

    New NYC law, San Francisco lawsuit highlight global risks for Airbnb

    Airbnb is also engaged in a pitched battle in its home of San Francisco, where the company has also sued to block a new requirement that it reject booking fees from property owners who have not registered with the city. The New York and San Francisco legal fights are a crucial test of Airbnb’s business model. Other cities looking to rein in Airbnb are watching the San Francisco proceedings and looking to the city's law as a potential model, said James Emery, deputy city attorney of San Francisco.

  • News
    Bloomberg Video

    Duterte in China: What's His Plan?

    Oct. 21 -- Donald Dee, president of the Employers Confederation of the Philippines, discusses Rodrigo Duterte's plans with China, his separation from the U.S. and the outlook for the peso. He speaks to Bloomberg's Haidi Lun and Rishaad Salamat on "Bloomberg Markets."

  • Elizabeth Warren takes on Wells Fargo's new management in scathing letter to bank
    San Francisco Business Times

    Elizabeth Warren takes on Wells Fargo's new management in scathing letter to bank

    The resignation of former CEO John Stumpf from Wells Fargo is "not enough" to assuage lawmakers that the company has purged itself of a culture that encouraged aggressive sales tactics and illegal activity, two senators said Wednesday. Elizabeth Warren (D-Mass.) and Robert Menendez (D-N.J.) issued a letter Thursday to Stephen Sanger, who is the new chairman of Wells Fargo’s board of directors. “Given the scope of wrongdoing on his watch, Mr. Stumpf’s resignation is entirely appropriate,” the senators wrote in the letter. “But a resignation alone is not enough to assure proper accountability at Wells Fargo,” it said. “Instead, it raises additional questions.” They also questioned if the bank's

  • Business
    U.S.News & World Report

    Why You Need to Think About Your Retirement Taxes Now

    "Taxes are likely to be one of, if not the largest expense in retirement," says Jeff Fosselman, a senior wealth advisor at Relative Value Partners in Northbrook, Illinois. After decades of deferring tax on your retirement savings, the tax bill becomes due in retirement. You need to plan ahead if you want to minimize the taxes you will pay during your retirement years.

  • Obama Is Making Two Huge Mistakes in the War on ISIS in Mosul
    The Fiscal Times

    Obama Is Making Two Huge Mistakes in the War on ISIS in Mosul

    The long-anticipated battle to retake Mosul, Iraq’s second-largest city, is the biggest test to date for President Obama’s strategy against ISIS and other terrorist groups active in the Middle East. Paradoxically, the forces assembled against the Islamic State may succeed only to hand Obama another Mideast failure. Related: The Battle for Mosul: Has the US Backed an Incompetent Commander in Iraq?

  • Salesforce boss: CEOs are afraid to know how much their female employees make
    Yahoo Finance

    Salesforce boss: CEOs are afraid to know how much their female employees make

    Salesforce CEO Marc Benioff discussed diversity in the workplace on Friday at The Grace Hopper Celebration of Women in Computing, held this year in Houston, Tex. When it comes to the sensitive topic of diversity in tech, Salesforce (CRM) CEO Marc Benioff has some choice words for his counterparts at other companies: Don’t be afraid. At the Grace Hopper Celebration for Women in Computing, an annual conference held this year in Houston, Texas, the 52-year-old chief executive contended one of the largest reasons the gender pay gap remains at many businesses is that their CEOs are in fact too afraid to “push the button” and discover what women employees make compared to their male colleagues.

  • Is Gold's Real Value $2,000 an ounce?
    The Street

    Is Gold's Real Value $2,000 an ounce?

    KITCO NEWS - Gold steadies and is set to end the week higher, on track for its first weekly gain in four weeks and one expert sees the cards stacked in the metal's favor. Ken Hoffman of Bloomberg Intelligence released a report this month, which shows the current pressure in gold prices is namely driven by the looming rate hike - but those Fed concerns are just masking long-term positives for the metal. Gold was on track Friday to post its first positive weekly close in three weeks, many analysts suspect that the correction --which started with a 5% drop at the start of the month -- has run its course. December gold futures settled the day at $1,267.70 an ounce, up nearly 1.2% since Monday's open.

  • Atwood, seadrill continue to be top offshore takeover picks
    The Street

    Atwood, seadrill continue to be top offshore takeover picks

    Offshore drilling has by far been among the worst hit segments of the oil and natural gas industry by a prolonged commodity downturn. Now with oil prices bubbling over the psychologically significant $50 per-barrel mark, industry followers see a wave of M&A as the next potential catalyst to turn the space around.  Atwood Oceanics ( (ATW) ) and Rowan ( (RDC) ) are two offshore drilling services providers that would make tasty morsels for some of their peers, particularly those companies who have larger market caps or older fleets, Stephens analyst Matthew Marietta told The Deal in a phone interview.  To be sure, Atwood Oceanics is a fan favorite when it comes to takeover talk. Tudor, Pickering,

  • Cramer: Microsoft is 'on fire' thanks to CEO Satya Nadella

    Cramer: Microsoft is 'on fire' thanks to CEO Satya Nadella

    CNBC's Jim Cramer praised Microsoft CEO Satya Nadella Friday after the company hit an all-time high following an earnings beat on Thursday afternoon. "This is one where they are on fire," Cramer said on " Squawk on the Street " of the company. "It's really incredible how quickly [Nadella] turned this company around.

  • Why Alibaba is a great speculative buy
    The Street

    Why Alibaba is a great speculative buy

    Year to date, shares of Alibaba (BABA) are up 28%. The stock has shaken off the doubters and short-sellers and is less than 6% from its all-time high. Can this stock go higher into the November earnings report? After the gigantic IPO of Alibaba, the stock was knocked for a loop. Doubters and short-sellers clobbered the shares. The company has been accused of accounting irregularities almost from day one. But it seems like the stock has put those worries in the rear view mirror and investors are starting to gain more confidence in the company. On Aug. 11, Alibaba blew out first-quarter fiscal 2017 results. The company reported earnings per share of 74 cents, 11 cents ahead of the consensus. Revenue

  • News
    WSJ Live

    Philippine President Rodrigo Duterte Makes His Mark

    Tough-talking populist Rodrigo Duterte has wasted no time in making his mark since being elected president of the Philippines in May. But souring relations with the U.S. are threatening to upend an alliance central to America's interests in Asia. Video: Warangkana Chomchuen/WSJ, Photo: Erik De Castro/REUTERS

  • Why Jim Chanos is thoroughly unimpressed by Tesla
    Yahoo Finance

    Why Jim Chanos is thoroughly unimpressed by Tesla

    Influential short-seller Jim Chanos, who runs hedge fund Kynikos Associates, has been betting against two companies founded by billionaire serial entrepreneur Elon Musk — Tesla Motors (TSLA) and SolarCity (SCTY). “The fact of the matter is this is a company — in Tesla’s case — that’s now really going to need to step up the production.

  • AT&T, Time Warner in talks for potential merger: Report

    AT&T, Time Warner in talks for potential merger: Report

    AT&T and Time Warner are beginning talks for a potential merger, according to a report from Bloomberg. Bloomberg reported senior executives from both companies have met to discuss business strategies including talks of a potential merger. The talks were "informal" at this time and no financial advisers have been hired, the sources said. Sources previously told CNBC that AT&T was in the market to purchase a media property soon. In order to stay competitive with the likes of Verizon and Comcast, the telecommunications company needs to move into the media space. Doing so would give it the resources to become an advertising giant, because it would own not only Internet and cable access but content

  • Apple: Many 'genuine' Apple products on Amazon are fake
    Associated Press

    Apple: Many 'genuine' Apple products on Amazon are fake

    Apple says it has been buying Apple chargers and cables labeled as genuine on Amazon.com and has found nearly 90 percent of them to be counterfeit. The revelation comes in a federal lawsuit filed by Apple against a New Jersey company on Monday over what Apple says are counterfeit products that were sold on Amazon. In the lawsuit, Apple says Mobile Star imprinted Apple logos on cables and chargers that "pose a significant risk of overheating, fire, and electrical shock." It says the chargers and cables were being sold on Amazon as genuine Apple products.

  • News

    Death toll from Cameroon rail crash climbs to 63

    By Sylvain Andzongo DOUALA, Cameroon (Reuters) - The death toll from a train derailment in Cameroon rose to 63 on Saturday, the communications minister said, as rescue efforts continued and work began to clear the vital rail line. The packed Camrail train had been traveling from the capital Yaounde to the port city of Douala on Friday.

  • Politics
    Center for Public Integrity

    Whoops: Pro-Donald Trump super PAC publishes donor credit card numbers

    Great America PAC on Thursday night erroneously published the credit card numbers and expiration dates belonging to 49 donors, a Center for Public Integrity review of its latest Federal Election Commission campaign finance disclosure discovered. The screw-up comes one month after the super PAC, which aims to “help grow the burgeoning movement behind Donald Trump and merge the grassroots with the business community,” mistakenly revealed the personal cell phone numbers and/or email addresses of 336 of its donors. Great America PAC treasurer Dan Backer, upon being informed by the Center for Public Integrity of his organization’s mistake, said the likely culprit is “an isolated software glitch in an otherwise automated process” involving data transfers between the PAC and a contractor that helps manage the group’s finances.

  • U.S. mall investors set to lose billions as retail gloom deepens

    U.S. mall investors set to lose billions as retail gloom deepens

    NEW YORK (Reuters/IFR) - The dramatic shift to online shopping that has crushed U.S. department stores in recent years now threatens the investors who a decade ago funded the vast expanse of brick and mortar emporiums that many Americans no longer visit. Some $128 billion of commercial real estate loans - more than one-quarter of which went to finance malls a decade ago - are due to refinance between now and the end of 2017, according to Morningstar Credit Ratings. Wells Fargo estimates that about $38 billion of these loans were taken out by retailers, bundled into commercial mortgage-backed securities (CMBS) and sold to institutional investors.

  • OBAMA ON OBAMACARE: You're getting better health insurance 'even if you don't know that Obamacare is doing it'
    Business Insider

    OBAMA ON OBAMACARE: You're getting better health insurance 'even if you don't know that Obamacare is doing it'

    President Barack Obama in a speech in Florida on Thursday defended his signature healthcare law, touting its benefits while attacking Republicans for opposing it. Obama hit on the various benefits of the Affordable Care Act, more commonly known as Obamacare, such as allowing children to stay on their parents' health insurance until age 26 and preventing insurers from denying people with preexisting conditions. "You're getting better quality, even though you don't know that Obamacare is doing it," Obama said.

  • Business

    Fed's Williams says 'this year would be good' for rate increase

    The U.S. economy is "well-positioned" for a rate increase, a central bank policymaker said on Friday, adding that he personally wanted the Federal Reserve to have raised rates last month. "This year would be good" for a U.S. interest-rate increase, San Francisco Federal Reserve Bank President John Williams told reporters after a speech at the Federal Home Loan Bank of San Francisco member conference.

  • Lifestyle
    Associated Press

    Recalls this week: circular saws, lawnmowers

    Target is recalling Halloween-themed LED gel decorations that stick to windows and light up because parts can be ingested by children. Other recalled consumer products this week include circular saws, lawnmowers and rice and slow cookers

  • Technology
    Associated Press

    Counterterrorism prosecutors seek access to encrypted data

    Prosecutors from France, Belgium, Spain and Morocco called Friday for the ability to unlock phones and computers and to gain access to encrypted communications to aid in the fight against terrorism. Following a two-day meeting in Paris, prosecutors in charge of counterterrorism investigations in the four countries issued a joint statement Friday to "alert" national and international authorities, internet providers, software makers and telecommunication operators about the obstacles posed by data encryption and the locking systems of smartphones and computers. The issue needs a global response since the concerned companies are often not based in the country where an investigation is taking place, French prosecutor Francois Molins said.

  • Business

    Indian Card Breach Seen Hindering Modi’s Quest to Go Cashless

    India’s quest to become a cashless economy has been dealt a blow by a data breach that compromised as many as 3.2 million debit cards. Prime Minister Narendra Modi urged Indians in a radio address in May to use cashless payments to discourage corruption and keep track of money. Convincing them may get harder after India’s national card payments network said that the data violation led to fraudulent transactions, mainly in China and the U.S.

  • Business

    SE Asia Stocks-Largely down; Philippines extends falls

    By Susan Mathew Oct 21 (Reuters) - Most Southeast Asian stock markets were down on Friday with Philippine shares falling for a second day after President Rodrigo Duterte's overtures towards China caused some uncertainty and dampened investor sentiment