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A Trader Named Morgan Stanley Just Left Morgan Stanley

Morgan Stanley. No, really. The fixed-income trader, who just happens to share a name with the 82-year-old Wall Street firm, has left the bank, a person with knowledge of the matter said. Stanley joined in 2012 after graduating from Boston College, according to records from the Financial Industry Regulatory Authority. Stanley, whose middle name is Adam, didn’t return LinkedIn messages seeking comment on his next career move. A spokesman for the New York-based bank declined to comment. Read more: http://www.bloomberg.com/news/articles/2018-04-17/morgan-stanley-leaves-morgan-stanley-yes-you-read-that-right

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10 hockey players, 5 others dead as a result of fatal bus crash, police say

(CNN)More details about the victims of a deadly bus crash in Canada’s Saskatchewan province emerged Sunday, days after the tragic accident rocked their small community and the larger hockey world. Chris Joseph used to play for the Pittsburgh Penguins, and the team expressed sadness about the news on Twitter. “We offer our heartfelt condolences to Pittsburgh Penguins alumnus Chris Joseph, whose son, Jaxon, was among those who tragically passed away in the Humboldt Broncos bus accident.” Jaxon’s former teammates on the Surrey Eagles told CNN broadcast partner CBC that he’d…

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Canadian doctors: cancel our pay rise and spend money elsewhere

Doctors in Quebec say negotiated pay rises are shocking given draconian cuts to other parts of provinces healthcare system Nearly 800 doctors and medical residents in the Canadian province of Quebec have signed a letter protesting against plans to raise their pay, arguing that the funds would be better spent on other areas of the provinces beleaguered healthcare system. We, Quebec doctors, are asking that the salary increases granted to physicians be cancelled and that the resources of the system be better distributed for the good of healthcare workers, Mdecins…

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As CERAWeek Oil Gabfest Starts, Here’s What We’re Listening For

CERAWeek by IHS Markit, the largest gathering of energy executives and officials in the Americas, begins Monday. Here’s what we’ll be listening for over the five-day period:  What’s OPEC’s next move? Secretary General Mohammad Barkindo will dine with shale executives in Houston on Monday. Can the two rivals make peace as the price of oil recovers? Where will the Permian go from here? The world’s hottest oil field is still the subject of speculation about its maximum potential. Last year, Occidental Petroleum Corp.’s chief executive officer, Vicki Hollub, said output…

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Fidelity Reports Web Issues After Robo-Adviser Sites Crash

Fidelity Investments had intermittent technology issues with its website a day after robo-advisers struggled in the market rout. Fidelity customers faced some difficulties accessing the firm’s home page on Tuesday. By early afternoon, the issues were resolved, said Michael Aalto, a company spokesman. The websites of two of the country’s biggest robo-advisers — Wealthfront Inc. and Betterment LLC — crashed on Monday as the S&P 500 Index sank. Complaints quickly spread across Reddit and other internet sites from people who had trouble logging onto their accounts. “Really?” wrote Read more:…

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Chile creates five national parks over 10m acres in historic act of conservation

President Bachelet signs unprecedented measure into law after founder of Patagonia firm donates 1m acres of private land Chile creates five national parks over 10m acres in historic act of conservation Ex-CEO of Patagonia firm donates 1m acres of private land President Bachelet signs unprecedented measure into law Jonathan Franklin in Valle Chacabuco @FranklinBlog First published on Mon 29 Jan 2018 13.37EST Share via Email Share on LinkedIn Share on WhatsApp The parks will preserve vast tracts of Patagonia, and were signed into law on Monday by Chiles president Michelle…

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Saudi Arabia Arrests 11 Princes Protesting Over Bills, Report Says

Saudi authorities made a fresh round of arrests of royal-family members as a group of princes staged a palace protest in the capital over the non-payment of their electricity and water bills. Security services on Thursday arrested the 11 princes after they refused to leave Qasr Al-Hokm in Riyadh, Saudi Arabia’s Attorney General, Sheikh Saud Al Mojeb, said in an emailed statement. The princes, who objected to a decree that ordered the state to stop paying their utility bills, will be held at al-Ha’er prison pending their trial, Al Mojeb said. “No…

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Honduras troops shoot dead teenage girl amid election crisis protests

Kimberly Dayana Fonseca, 19, shot dead in Tegucigalpa early on Saturday as government imposes 10-day curfew as protesters claim election fraud A teenage girl was killed as troops opened fire on unarmed protesters in the Honduran capital on Saturday, after the government declared a 10-day curfew and suspended constitutional rights in an attempt to contain an security aid from the US this year. The opposition Alliance claimed looting and violence seen in some cities was prompted by government-aligned provocateurs tasked with generating chaos in order to justify state repression. Human…

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Da Vincis Christ Portrait Shatters Art Record With $450 Million Sale

“Jesus Christ.” That was the reaction of mega art dealer Larry Gagosian after a rediscovered painting by Leonardo da Vinci became the most expensive work ever sold, soaring to $450.3 million at a Christie’s auction in New York on Wednesday. Alex Rotter, the auction house’s co-chairman of postwar and contemporary art in the Americas, placed the winning bid on behalf of an unidentified client after a 19-minute war that saw offers at $200 million, $300 million and $350 million fall short. The result obliterated previous world records for an art sale of…

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Twitter Cracks Down on Verified Accounts With New Policy

tweet, “this perception became worse when we opened up verification for public submissions and verified people who we in no way endorse.” Earlier this month, the social network stopped the system of authenticating a user’s identity with a blue check mark after drawing intense tweeted a screen shot of a note he received from Twitter, saying that his verified badge will be permanently removed “after determining that your account does not comply with Twitter’s guidelines.” The company has also removed the blue check mark from conservative commentator

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Papa John’s Blames the NFL for Hurting Pizza Sales

Papa John’s International Inc. founder John Schnatter is going after NFL Commissioner Roger Goodell, saying weak handling of the league’s national-anthem controversy has hammered sales of his pizza. “The NFL has hurt us by not resolving the current debacle to the players’ and owners’ satisfaction,” Schnatter, who serves as the pizza chain’s chairman and chief executive officer, said on a conference call. “NFL leadership has hurt Papa John’s shareholders.” The remarks follow a controversy over NFL football players protesting during the national anthem, a movement that started last season. The demonstrations…

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Bitcoin Futures Could Open the Floodgates for Institutional Investors

Bitcoin is spiking to a record after CME Group Inc. said it’s planning to launch bitcoin futures as the move could open the floodgates of investors who have been standing on the sidelines as bitcoin soared over 500 percent this year. The cryptocurrency jumped as much as 5.2 percent to $6,416.39 after the CME said it will start offering trading the derivatives in the fourth quarter. Futures will be settled in cash based on a bitcoin index that CME started calculating in November.  The move comes after the Chicago Board Options…

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Singapore-Listed Noble Group Will Sell Its Oil Trading Business

Embattled commodity trader total net loss of $1.1 billion and $1.25 billion for the three months to September, and that lenders had agreed to a two-month extension of a waiver related to a revolving-credit facility. Noble Group, once Asia’s largest commodity trader, has been rushing to sell its oil business to pay back lenders in a struggle to survive. The shares have sunk 78 percent this year amid concerns that the company will default. Trading was halted on Friday at 38 Singapore cents, 2.6 percent down from the previous close, pending the…

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