The ‘capital of the Confederacy’ is suddenly considering removing its massive Civil War monuments

Alibaba beats on earnings as e-commerce remains core revenue driver

Alibaba beats on earnings as e-commerce remains core revenue driver

Alibaba, China's top e-commerce firm, beat analyst estimates with a 56 percent rise in first-quarter revenue, driven by strong online sales. Thursday's results show that Alibaba Group Holding Ltd (BABA.N), one of Asia's most valuable companies, continues to derive the lion's share of its revenue from e-commerce, despite strong growth in its entertainment and cloud businesses. Alibaba's stock is up more than 81 percent this year, buoyed by company predictions of strong full-year revenue growth of between 45 and 49 percent.


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Apple's Cook says he disagrees with Trump, vows donations to rights groups

Apple's Cook says he disagrees with Trump, vows donations to rights groups

(Reuters) - Apple Inc (AAPL.O) CEO Tim Cook has joined a chorus of business leaders who have voiced their opposition to President Donald Trump after he blamed white nationalists and anti-racism activists equally for violence in Virginia over the weekend. "I disagree with the president and others who believe that there is a moral equivalence between white supremacists and Nazis, and those who oppose them by standing up for human rights. Equating the two runs counter to our ideals as Americans," Cook wrote in a note late on Wednesday to employees, according to technology news website Recode.


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Germany’s Lufthansa looking to buy majority of Air Berlin planes

Germany's Lufthansa looking to buy majority of Air Berlin planes

BERLIN/FRANKFURT (Reuters) - Germany's Lufthansa is considering buying a majority of insolvent Air Berlin's aircraft, two people familiar with the matter said, as the government and rivals race to carve it up. Air Berlin, Germany's second-largest airline, filed for bankruptcy protection on Tuesday after shareholder Etihad Airways withdrew funding following years of losses. Transport Minister Alexander Dobrindt backed Lufthansa to buy a major portion of Air Berlin's assets, saying Germany needed a "national champion" in international aviation.


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COLUMN-New Medicare cards a lone bright spot in identity-theft battle

Older Americans are especially vulnerable to scams and identity theft, and Medicare is doing something about it. U.S. seniors will start receiving new identification cards next year as part of an effort to protect them from the rising risk of fraud. Medicare cards use an identifier called the Health Insurance Claim Number (HICN) - but right now it is the same as your Social Security number.


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